_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Blagdon Under Fives** **Treasurer’s Report** ## **with** ## **Accounts** ## **Year Ended - 31 August 2021** ## **Charity No: 299312** **Published: 12 October 2021** **Page 1 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Summary** - Total income for the year was £66k which is an increase of 4% on last year. - Expenditure also increased by 4%, to £60k. This is a result of higher staff costs due to the lack of casual staff during the year. - There was a resulting surplus for the year of £5.5k. The income provided by the Coronavirus Job Retention Scheme, North Somerset top-up funding and North Somerset business grants covered the loss of fees due to Covid-19 and enabled the Pre-School to retain and pay existing staff, allowing a smooth return to operations once restrictions were lifted. ## **Income Analysis** ## Funding, Fees and Child Numbers - North Somerset funding decreased by £11k from the previous year, reflecting lower numbers of children attending in the Autumn terms. This was still greatly influenced by Covid-19 due to reluctance by many families to return to childcare settings as well as the reduced need for childcare with many parents still working from home. The shortfall in funding was covered by funding top-up payments from North Somerset Council. Pre-School fees income increased however, by £10k, as numbers picked up in the summer terms and the Pre-School had been closed over the equivalent period in the previous year. - Fundraising income decreased by 23% due to restrictions on gatherings over the whole year. - Donations were lower than the previous year due to a reduced contribution from the Baynard Trust. - Other income was similar to last year. The total of £13.8k includes £7.2k of business grants from North Somerset and £6.5k from the Coronavirus Job Retention Scheme. ## After School Club - Fees from After School Club decreased by £4.7k. This was the area most impacted by many parents continuing to work from home. ## Fundraising and Donations - The contribution from fundraising was reduced due to restrictions on events throughout the year. There were however, contributions from the following: |▪|PayPal Giving Fund|£ 750| |---|---|---| |▪|Wreath Making|£ 215| |▪|Personalised Crafts|£ 72| |▪|Easyfundraising|£ 64| Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School, particularly during uncertain times. - - Our gratitude goes to the Baynard Trust, who supported us with a donation of £500. **Published: 12 October 2021** **Page 2 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Expense Analysis** - 85% of the total expenditure relates to staff costs. The staffing cost increased by £2k as a result of wage increases and the loss of casual staff hours which meant there were reduced savings over the lockdown period. There were some other small increases in expenditure. Toys and Equipment costs increased by £324 as a result of investment in the outside space and Other Expenses includes £280 of external support paid for out of top-up funding. ## **Toddler Group** - The Toddler Group did not operate over the year. Covid restrictions in place at St Andrews Church meant that it was not possible to run sessions at the setting. Insurance premiums were paid using income generated the previous year to cover any risk to toys and equipment. **Published: 12 October 2021** **Page 3 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Income Statement** |**Income**
Pre-School Fees
Nursery Funding
Other Council Support
_Subtotal_
Summer Activity Week
After School Club Fees
After School Club Deposits
Pre-School Deposits
Toddler Fees
Fundraising (net)
Donations
Other Income
Interest Received
**Total Income**
**Expenditure**
Staff Costs
Rent (Pre-School)
Rent (Toddlers)
Pre-School Utilities/Cleaning
Mobile Phone
Consumables (Pre-School)
Consumables (Toddlers)
Toys & Equipment
Insurance/PLA Membership
Ofsted Fees
Advertising
Staff Training: Course Costs
Other Expenses
**Total Expenditure**
**Net Surplus**|**2021**
**2020**
_% Variance_
16,185
6,172
162%
15,970
27,371
-42%
9,214
-
-| |---|---| ||**41,369**
**33,543**
23%| ||-
50
-100%
7,408
12,137
-39%
(215)
(126)
71%
1,637
748
119%
-
603
-100%
1,160
1,499
-23%
704
1,000
-30%
13,813
13,458
3%
2
132
-98%| ||**65,878**
**63,044**
4%| ||52,042
49,664
5%
2,000
2,000
0%
-
240
-100%
2,906
2,909
-0%
122
128
-5%
1,079
1,298
-17%
-
5
-100%
743
419
77%
959
959
0%
50
50
0%
-
175
-100%
30
105
-71%
438
254
72%| ||**60,369**
**58,206**
4%| ||| ||**5,509**
**4,838**
14%| **Published: 12 October 2021** **Page 4 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Fundraising** |**Item**
PayPal Giving Fund
Flower Arranging/Wreath Making
Personalised Craft Products
easyfundraising.org.uk
Book Sale
Pre-School Christmas Party
Concept Photography
Raffle
Charity Box
Cake Stall
Ice Cream Sales
Ceilidh
**Total**
**Donations**
Baynard Trust
P Crawfurd
Deposit Donations
**Total**|**2021**
**2020**
**£**
**£**
750
-
215
502
72
21
64
619
32
-
27
85
-
112
-
78
-
76
-
71
-
35
-
(100)
**1,160**
**1,499**
**2021**
**2020**
**£**
**£**
500
1,000
100
-
104
-|**2021**
**2020**
**£**
**£**
750
-
215
502
72
21
64
619
32
-
27
85
-
112
-
78
-
76
-
71
-
35
-
(100)| |---|---|---| |||**1,160**
**1,499**| ||**704**
**1,000**|| **Published: 12 October 2021** **Page 5 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Toddler Group Summary** |**Income**
Toddler Fees
**Total Income**
**Costs**
Hire of Hall
Insurance
Consumables/Equipment
**Total Costs**
**Net (Deficit)/Surplus**|**2021**
**2020**
**£**
**£**
-
603| |---|---| ||-
603| ||-
240
183
143
-
5| ||183
388| ||| ||**(183)**
**215**| ## **Bank and Cash Balance** |||||||**(d+e)**|| |---|---|---|---|---|---|---|---| |||||||**Total**|| |||||||**2021**|**_2020_**| ||**(a)**||**(c)**|**d=(a+b+c)**|**(e)**|**Bank and**|**_Bank and_**| ||**Master**|**(b) Petty**|**Current**|**Total Cash**|**Deposit**|**Cash**|**_Cash_**| ||**Cash box**|**Cash**|**Account**|**& Current**|**A&L**|**Balance**|**_Balance_**| |Opening balance 1 September 2020|1,941|337|10,047|12,325|23,638|35,963|_31,125_| |Transfers|(1,764)|300|1,464|-|-|-|
_-_| |Net Surplus / (Deficit)|563|(599)|5,542|5,506|1|
5,507|_4,706_| |Interest Received|-|
-|
-|-|
2|2|_132_| |**Closing Balance 31 August 2021**|**740**|
**38**|**17,053**|**17,831**|**23,641**|
**41,472**|**_35,963_**| **Published: 12 October 2021** **Page 6 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Blagdon Under Fives** **Treasurer’s Report** ## **with** ## **Accounts** ## **Year Ended - 31 August 2021** ## **Charity No: 299312** **Published: 12 October 2021** **Page 1 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Summary** - Total income for the year was £66k which is an increase of 4% on last year. - Expenditure also increased by 4%, to £60k. This is a result of higher staff costs due to the lack of casual staff during the year. - There was a resulting surplus for the year of £5.5k. The income provided by the Coronavirus Job Retention Scheme, North Somerset top-up funding and North Somerset business grants covered the loss of fees due to Covid-19 and enabled the Pre-School to retain and pay existing staff, allowing a smooth return to operations once restrictions were lifted. ## **Income Analysis** ## Funding, Fees and Child Numbers - North Somerset funding decreased by £11k from the previous year, reflecting lower numbers of children attending in the Autumn terms. This was still greatly influenced by Covid-19 due to reluctance by many families to return to childcare settings as well as the reduced need for childcare with many parents still working from home. The shortfall in funding was covered by funding top-up payments from North Somerset Council. Pre-School fees income increased however, by £10k, as numbers picked up in the summer terms and the Pre-School had been closed over the equivalent period in the previous year. - Fundraising income decreased by 23% due to restrictions on gatherings over the whole year. - Donations were lower than the previous year due to a reduced contribution from the Baynard Trust. - Other income was similar to last year. The total of £13.8k includes £7.2k of business grants from North Somerset and £6.5k from the Coronavirus Job Retention Scheme. ## After School Club - Fees from After School Club decreased by £4.7k. This was the area most impacted by many parents continuing to work from home. ## Fundraising and Donations - The contribution from fundraising was reduced due to restrictions on events throughout the year. There were however, contributions from the following: |▪|PayPal Giving Fund|£ 750| |---|---|---| |▪|Wreath Making|£ 215| |▪|Personalised Crafts|£ 72| |▪|Easyfundraising|£ 64| Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School, particularly during uncertain times. - - Our gratitude goes to the Baynard Trust, who supported us with a donation of £500. **Published: 12 October 2021** **Page 2 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Expense Analysis** - 85% of the total expenditure relates to staff costs. The staffing cost increased by £2k as a result of wage increases and the loss of casual staff hours which meant there were reduced savings over the lockdown period. There were some other small increases in expenditure. Toys and Equipment costs increased by £324 as a result of investment in the outside space and Other Expenses includes £280 of external support paid for out of top-up funding. ## **Toddler Group** - The Toddler Group did not operate over the year. Covid restrictions in place at St Andrews Church meant that it was not possible to run sessions at the setting. Insurance premiums were paid using income generated the previous year to cover any risk to toys and equipment. **Published: 12 October 2021** **Page 3 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Income Statement** |**Income**
Pre-School Fees
Nursery Funding
Other Council Support
_Subtotal_
Summer Activity Week
After School Club Fees
After School Club Deposits
Pre-School Deposits
Toddler Fees
Fundraising (net)
Donations
Other Income
Interest Received
**Total Income**
**Expenditure**
Staff Costs
Rent (Pre-School)
Rent (Toddlers)
Pre-School Utilities/Cleaning
Mobile Phone
Consumables (Pre-School)
Consumables (Toddlers)
Toys & Equipment
Insurance/PLA Membership
Ofsted Fees
Advertising
Staff Training: Course Costs
Other Expenses
**Total Expenditure**
**Net Surplus**|**2021**
**2020**
_% Variance_
16,185
6,172
162%
15,970
27,371
-42%
9,214
-
-| |---|---| ||**41,369**
**33,543**
23%| ||-
50
-100%
7,408
12,137
-39%
(215)
(126)
71%
1,637
748
119%
-
603
-100%
1,160
1,499
-23%
704
1,000
-30%
13,813
13,458
3%
2
132
-98%| ||**65,878**
**63,044**
4%| ||52,042
49,664
5%
2,000
2,000
0%
-
240
-100%
2,906
2,909
-0%
122
128
-5%
1,079
1,298
-17%
-
5
-100%
743
419
77%
959
959
0%
50
50
0%
-
175
-100%
30
105
-71%
438
254
72%| ||**60,369**
**58,206**
4%| ||| ||**5,509**
**4,838**
14%| **Published: 12 October 2021** **Page 4 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Fundraising** |**Item**
PayPal Giving Fund
Flower Arranging/Wreath Making
Personalised Craft Products
easyfundraising.org.uk
Book Sale
Pre-School Christmas Party
Concept Photography
Raffle
Charity Box
Cake Stall
Ice Cream Sales
Ceilidh
**Total**
**Donations**
Baynard Trust
P Crawfurd
Deposit Donations
**Total**|**2021**
**2020**
**£**
**£**
750
-
215
502
72
21
64
619
32
-
27
85
-
112
-
78
-
76
-
71
-
35
-
(100)
**1,160**
**1,499**
**2021**
**2020**
**£**
**£**
500
1,000
100
-
104
-|**2021**
**2020**
**£**
**£**
750
-
215
502
72
21
64
619
32
-
27
85
-
112
-
78
-
76
-
71
-
35
-
(100)| |---|---|---| |||**1,160**
**1,499**| ||**704**
**1,000**|| **Published: 12 October 2021** **Page 5 of 6** **Prepared by: G Mills** _**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021**_ ## **Toddler Group Summary** |**Income**
Toddler Fees
**Total Income**
**Costs**
Hire of Hall
Insurance
Consumables/Equipment
**Total Costs**
**Net (Deficit)/Surplus**|**2021**
**2020**
**£**
**£**
-
603| |---|---| ||-
603| ||-
240
183
143
-
5| ||183
388| ||| ||**(183)**
**215**| ## **Bank and Cash Balance** |||||||**(d+e)**|| |---|---|---|---|---|---|---|---| |||||||**Total**|| |||||||**2021**|**_2020_**| ||**(a)**||**(c)**|**d=(a+b+c)**|**(e)**|**Bank and**|**_Bank and_**| ||**Master**|**(b) Petty**|**Current**|**Total Cash**|**Deposit**|**Cash**|**_Cash_**| ||**Cash box**|**Cash**|**Account**|**& Current**|**A&L**|**Balance**|**_Balance_**| |Opening balance 1 September 2020|1,941|337|10,047|12,325|23,638|35,963|_31,125_| |Transfers|(1,764)|300|1,464|-|-|-|
_-_| |Net Surplus / (Deficit)|563|(599)|5,542|5,506|1|
5,507|_4,706_| |Interest Received|-|
-|
-|-|
2|2|_132_| |**Closing Balance 31 August 2021**|**740**|
**38**|**17,053**|**17,831**|**23,641**|
**41,472**|**_35,963_**| **Published: 12 October 2021** **Page 6 of 6** **Prepared by: G Mills** |ffi|ffi|{HARITY{OMr\4I55ION
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Independentexaminer's
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Charity Commission(undersection145(5)(b) ofthe Charities Act,and|| ||||tostatewhether particular mattershave cometomy attentron.|| |Basis of||independent|[4y examinationwas carriedout in accordance withgeneral Directionsgiven|| |examiner's statement|||by theCharity Cornmission. An examinationincludes areviewoflhe|| ||||accounting recordskept by thecharityand acomparisonoftheaccounts|| ||||presentedwiththoserecords.ltalso includesconsiderationof any unusual|| ||||items ordisclosuresinthe accounts,and seekingexplanationsfrornthe|| ||||trustees concerninganysuchmatters.The proceduresundertakendonot|| ||||provide all theevidence that wculdberequiredin anaudit,and|| ||||consequentlynoopinionisgivenas towhether the accounts presentalrue|| ||||andfair' viewandthe reportis limited tothosematters setoutin the|| ||||statementbelow.|| ||lndependent||ln connection withmyexamination,nomaterial mattershave cometomy|| |examiner's statement|||attention which givesme causetobelievethatin. anymaterialrespect:|| ||||oaccounting records werenotkeptin accordancewith section130of|| ||||the Charities Actor|| ||||.the accounts donot accord withthe accountingrecords|| ||||Ihavecome acrossnoother mattersinconnectionwiththe examinationto|| ||||which altention shouldbedrawnin ordertoenable a proper understanding|| ||||of the
to
reached.|| ||||wordsin thebracketsiftheyda not apply.|| |||Signed:|Date:
3At6l22|| |||Name:|LynseyHatherall|| |Relgvant professional
qualification(s)orbody|||Cirvtn|| |||(ifany):||| |||Address:||| |SectionB|Disclosure| |---|---| ||Only completeifthe examinerneedsto highlight mattersofconcern(seeCC32,| ||lndependent examinationofcharityaccounts:directions andguidancefor| ||examiners).| |Giveherebrief detailsof|| |any items that the|| |examinerwishesto|| |disclose.|| ||t|