2022-03-31-accounts - The Hebden Bridge Nursery Action Group Limited

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		Page
Report ofthe Trustees		1 to	4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet		7 to	8
Cash Flow Statement
Notes to the Cash Flow	Statement	10
Notes to the Financial Statements		11 to	18
Detailed Statement of Financial Activities		19 to	20

					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	fund I	funds 6	funds I	fundsI
INCOME AND ENDOWMENTS	FROM
Charitable activities
Total activities			407,124	125,110	532,234	451,695
Investment income			2,129		2,129	1,834
Total			409,253	125,110	534,363	453,529
EXPENDITURE ON
Charitable activities
Total activities			398,163	133,887	532,050	414,091
Net gains on investments			3,340		3,340	15,253
NET INCOME/(EXPENDITURE)			14,430	(8,777)	5,653	54,691
RECONCILIATION OF FUNDS
Total funds brought forward			222,350	231,684	454,034	399,343
TOTAL FUNDS CARRIED FORWARD			236,780	222,907	459,687	454,034

BALANCE SHEET 31MARCH 2022
	Notes	2022 I	2021 6
FIXED ASSETS
Tangible assets Investments	11 12	265,574 91,128	277,460 87,789
		356,702	365,249
CURRENT ASSETS
Debtors	13	16,926	16,753
Cash at bank and in hand		101,016	87,476
		117,942	104,229
CREDITORS
Amounts falling due within one year	14	(14,957)	(15,444)
NET CURRENT ASSETS		102,985	88,785
TOTAL ASSETSI.ESSCURRENT
LIABILITIES		459,687	454,034
NET ASSETS		459,687	454,034
FUNDS
Unrestricted funds		236,780	222,350
Restricted funds		222,907	231,684
TOTAL FUNDS		459,687	454,034

	Notes	2022I	2021
Cash flows from operating	acUvides
Cash generated from operations 1		11,411	56,727
Net cash provided by operating activities		11,411	56,727
Cash flours from investing	activities
Purchase of tangible fixed assets			(538)
Dividends received		2,129	1,834
Net cash provided by investing	activities	2,129	1,296
Change in cash and cash equivalents
in the reporting period Cash and cash equivalents	at the	13,540	58,023
beginrdng ofthe reporting	period	87,476	29,453
Cash and cash equivalents	at the
end ofthe reporting period		101,016	87,476

FOR	THE YEAR ENDED 3	1MARCH 2022	1MARCH 2022	1MARCH 2022	1MARCH 2022
	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
				2022 I	2021 6
	Net income for the reporting Financial Activities)		period (as per the Statement of	5,653	54,691
	Adjustments for:
	Depreciation charges			11,886	12,240
	Gain on investments Dividends received (Increase)/decrease	in debtors		(3,340) (2,129) (171)	(15,253) (1,834) 2,913
	(Decrease))increase	in creditors		(488)	3,970
	Net cash provided	by operations		11,411	56,727
2.	ANALYSIS OF CHANGES IN NET FUNDS
			At 1.4.21	Cash fiow	At 31.3.22
				6	6
	Net cash
	Cash at bank and in	hand	87,476	13,540	101,016
			87,476	13,540	101,016
	Total		87,476	13,540	101,016

THE HEBDEN BRIDGE NURS GROUP LIMITED	THE HEBDEN BRIDGE NURS GROUP LIMITED	THE HEBDEN BRIDGE NURS GROUP LIMITED	ERY ACTION
NOTES TO THE FINANCIAL			STATEMENTS - continued
FOR	THE YEAR ENDED 31MARCH 2022
2.	INVESTMENT INCOME
					2022	2021
					6	E
	Other fixed asset invest		- FII		2,129	1,834
3.	INCOME FROM CHARITABLE ACTIV1TIES
					2022	2021
					Total	Tota!
					activities	activities I
	Nursery fees				532,215	387,178
	Bank interest receivable				19	3
	Insurance receipt					39,514
	Government grants	received				25,000
					532,234	451,695
4.	CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 5) I	note 6) I	Totals
	Total activities			357,377	174,673	532,050
	DIRECT COSTS OF	CHARITABLE ACTIVITIES
					2022 I	2021 I
	Staff costs				294,112	260,615
	Operational costs				4,275	3,429
	Provision of daycare	nursery			47,104	21,345
	Depreciation				11,886	12,240
					357,377	297,629
6.	SUPPORT COSTS
					Governance
			Management	Other I	costs I	Totals I
	Total activities		162,145	5,777	6,751	174,673

Support costs, induded	in the above, are as follows:
		2022	2021
		Total	Total
		activities	activities I
Wages Social security Rates and water		49&441 21,097 5,768	43,438 21,316 2,597
Insurance		20,218	17,941
Light and heat Repairs and maintenance Office expenses Sundries		9,580 51,293 4,748 5,777	9,469 10,092 3,259 2,326
Bookkeeping Accountancy fees		3,486 3,265	2,664 3,360
		174,673	116,462
NET INCOME/{EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2022	2021 I
Depreciation - owned assets		11,886	12,240

		2022 I	2021 I
Wages Social	and salaries security costs	343,553 21,097	304,053 21,316
		364,650	325,369

The average	The average	monthly	number	number	ofemployees	during the year was as follows:
							2022	2021
Nursery	and	administrative		staff			21	22

FOR	THE YEAR ENDED	31MARCH 2022	31MARCH 2022	31MARCH 2022	31MARCH 2022
10.	CONPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIV1TIES
					Unrestricted	Restricted	Total
					fundI	funds I	funds
	INCOME AND ENDOWMENTS			FROS4
	Charitable activities
	Total activities				343,085	108,610	451,695
	investment income				1&834		1,834
	Total				344,919	108,610	453,529
	EXPENDITURE ON
	Charitable activities
	Total activities				296,691	117,400	414,091
	Net gains on investments				15,253		15,253
	NET INCOME/(EXPENDITURE)				63,481	(8,790)	54,691
	RECONCILIATION		OF FUNDS
	Total funds brought		forward		158,869	240,474	399,343
	TOTAL FUNDS CARRIED FORWARD				222,350	231,684	454,034
11.	TANGIBLE FIXED ASSETS
						Fixtures
					Freehold	and
					property	fittings I	Totals
	COST
	At 1 April 2021 and		31 March 2022		534,899	61,160	596,059
	DEPRECIATION
	At 1 April 2021				2/0, 154	48,445	318,599
	Charge for year				9,858	2,028	11,886
	At 31 March 2022				280,012	50,473	330,485
	NET BOOK VALUE
	At 31March 2022				254,887	10,687	265,574
	At 31 March 2021				264,745	12,715	277,460

FIXED ASSET INVESTMENTS
	Usted
	Investments
	6
MARKET VALUE
At 1 April 2021	87,789
Revaluations	3,339
At 31 March 2022	91,128
NET BOOK VALUE
At 31 March 2022	91,128
At 31March 2021	87,789

DEBTORS:AMOUNTS F	ALLING DUE WITHIN ONE Y	EAR
			2022	2021 I
Trade debtors			3,621	3,125
Other debtors			34	34
Prepayments			13,271	13,594
			16,926	16,753
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE	YEAR
			2022 I	2021 I
Trade creditors			3,794	1,629
Social security and other	taxes		4,163	2,058
Other creditors				35
Accrued expenses			7,000	11,722
			14,957	15,444
ANALYSIS OF NET ASSETS BETWEEN FUNDS
			2022	2021
	Unrestricted	Restricted	Total	Total
	fundI	funds I	funds I	funds 6
Fixed assets	42,667	222,907	265,574	277,460
Investments	91,128		91,128	87,789
Current assets	117,942		117,942	104,229
Current liabilities	(14,957)		(14,957)	(15,444)
	236,780	222,907	459,687	454,034

MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.21	in funds I	31.3.22 I
Unrestricted funds
General fund				222,350	14&430	236,780
Restricted funds
Removing Barriers Grant The Crossley Mill Fund				462 231,222	(69) (8,708)	393 222,514
				231,684	(8,777)	222,907
TOTALFUNDS				454,034	5,653	459,687
Net movement in funds,	included	in the above	are as follows:
			incoming	Resources	Gains and	Movement
			resources I	expended f	losses I	in funds I
Unrestricted funds
General fund			409,253	(398,163)	3,340	14,430
Restricted funds
Removing Barriers Grant Early Education Funding The Crossley Mill Fund Inclusion Funding			119,116 5,994	(69) (119,116) (8,708) (5,994)		(69) (8,708)
			125,110	(133,887)		(8,777)
TOTAL FUNDS			534,363	(532,050)	3,340	5,653
Comparatives for movement		in funds
					fiat
					movement	At
				At 1.4.20	in funds I	31.3.21 I
Unrestricted funds
General fund				158,869	63,481	222,350
Restricted funds
Removing Barriers Grant The Crossley Mill Fund				544 239,930	(82) (8,708)	462 231,222
				240,474	(8,790)	231,684
TOTAL FUNDS				399,343	54,691	454,034

Comparative net movement in fund	s, included in the abov	e are as follows:
	Incoming	Resources	Gains and	Movement
	resources I	expended	losses I	in funds
Unrestricted funds
General fund	344,919	(296,691)	15,253	63,481
Restricted funds
Removing Barriers Grant Early Education Funding The Cross(ay Miil Fund Inclusion Funding	104,164 4,446	(82) (104,164) (8,708) (4,446)		(82) (8,708)
	108,610	(117,400)		(8,790)
TOTAL FUNDS	453,529	(414,091)	15,253	54,691

A current yea	r 12months and prior year 1	2months combined position is	as follows:
			Net
			movement	At
		At 1.4.20 f	in funds I	31.3.22 I
Unrestricted	funds
General fund		158,869	77,911	236,780
Restricted funds
Removing Barriers Grant The Crossley Mill Fund		544 239,930	(151) (17,416)	393 222,514
		240,474	(17,567)	222„907
TOTAL FUNDS		399,343	60,344	459„687

A current year 12 months and prior above are as follows:	year 12 months comb	ined net movem	ent in funds,	included in th
	Incoming	Resources	Gains and	Movement
	resources 6	expended f	losses I	in funds
Unrestricted funds
General fund	754,172	(694,854)	18,593	77,911
Restricted funds
Removing Barriers Grant Early Education Funding The Crossiey Mill Fund Indusion Funding	223,280 10,440	(151) (223,280) (17,416) (10,440)		(151) (17,416)
	233,720	(251,287)		(17,567)
TOTAL FUNDS	987,892	(946,141)	18,593	60,344

FOR THE YEAR ENDED	31NARCH 2022
		2022I	2021I
INCONE AND ENDOWMENTS
Investment income
Other fixed asset invest	- FII	2,129	1,834
ChaHtable activities
Nursery fees Bank interest receivable		532,215 19	387,178 3
Insurance receipt Government grants received			39,514 25r000
		532,234	451,695
Total incoming resources		534,363	453,529
EXPENDITURE
Charitable activities
Wages Operational costs Provision ofdaycare nursery Depreciation oftangible fixed assets		294,112 4,275 47,104 11,886	260,615 3,429 21,345 12,240
		357,377	297,629
Support costs
Nanagement
Wages Sodai security Rates and water Insurance Light and heat Repairs and maintenance Office expenses		49,441 21,097 5,768 20,218 9,580 51,293 4,748	43,438 21,316 2,597 17,941 9,469 10,092 3,259
		162,145	108,112
Other
Sundries		5,777	2,326
Governance costs
Bookkeeping Accountancy fees		3,486 3,265	2,664 3,360
		6,751	6,024
Total resources expended		532,050	414,091
Net income before gains and losses		2,313	39,438

FOR THE YEAR ENDE	D 31MARCH 2022
		2022I	2021
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset
investments		3,340	15,253
Net income		5,653	54,691