| FOR THE Y | EAR ENDED 31AUGUST | 2020 | |
|---|---|---|---|
| 2020 | 2019 | ||
| Income | |||
| Fees | 1,934 | 4,553 | |
| Flying Start Funding | 53,892 | 42,573 | |
| Interest Received | 17 | 17 | |
| Total Income | 55,843 | 47,143 | |
| Expenses: | |||
| Wages | 46,005 | 34,469 | |
| Subscriptions | 123 | 75 | |
| Rent | 2,000 | 2,000 | |
| Insurance | 607 | 666 | |
| Refreshments | 478 | 615 | |
| Telephone &Stamps | 83 | 141 | |
| Equipment | 2,053 | 1,216 | |
| Accountancy | Fees | 490 | 490 |
| Miscellaneous | 457 | 239 | |
| Professional | Fees | 419 | 526 |
| Total Expenses | 52,715 | 40,437 | |
| Surplus for the year | 3,128 | 6,706 |
| BALANCE SHEET | |||
|---|---|---|---|
| YEAR ENDED 31AUGUST 2020 | |||
| 2020 | 2019 | ||
| MONETARY ASSETS | |||
| Cash at Bank | 33,426 | 29,780 | |
| Cash in Hand | 90 | 90 | |
| Total Monetary Assets |
33,516 | 29,870 | |
| CURRENT LIABILITIES | |||
| Sundry Creditors 9cAccruals | (1,186) | (668) | |
| Net Assets | 32,330 | 29,202 | |
| PLAYGROUP FUNDS | |||
| Balance brought forward |
1 September 2019 | 29,202 | 22,496 |
| Surplus for the year | 3128 | 6,706 | |
| Balance carried forward | 31 August 2020 | 32,330 | 29,202 |