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|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|5|
|Independent
Examiner's|Report|||
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes tothe Cash Flow|Statement|10||
|Notes tothe Financial Statements||11 to|18|
|Detailed Statement ofFinancial Activities||19||
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Tote I|Total|
|||Notes|fund|funds
I|funds
6|funds
8|
|INCOME AND ENDOWMENTS|FROM||||||
|Charitable
activities||3|||||
|Total activities|||438,434|122,789|561,223|532,234|
|investment
income||2|2,435||2,435|2,129|
|Total|||440,869|122,789|563,658|534,363|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Total activities|||420,227|127,774|548,001|532,050|
|Net gains/(losses)
on investments|||(7,002)||(7,002)|3,340|
|NET INCOME/(EXPENDITURE)|||13,640|(4,985)|8,655|5,653|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward|||236,780|222,907|459,687|454,034|
|TOTAL FUNDS CARRIED FORWARD|||250,420|217,922|468,342|459,687|
##
|BALANCE SHEET
31STMARCH 2023|||||
|---|---|---|---|---|
|||Notes|2023
I|2022|
|FIXEDASSETS|||||
|Tangible assets||11|262,155|265,574|
|Investments||12|84,126|91,128|
||||346,281|356,702|
|CURRENT ASSETS|||||
|Debtors||13|15,212|16,926|
|Cash at bank|||117,454|101,016|
||||132,666|117,942|
|CREDITORS|||||
|Amounts
falling due within|one year|14|(10,605)|(14,957)|
|NET CURRENT ASSETS|||122,061|102,985|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||468,342|459,687|
|NET ASSETS|||468,342|459,687|
|FUNDS||16|||
|Unrestricted
funds
Restricted
funds|||250,420
217,922|236,780
222,907|
|TOTAL FUNDS|||468,342|459,687|
##
##
|FOR THE YEAR ENDED 31|STMARCH|2023|||
|---|---|---|---|---|
||||2023|2022|
|||Notes|6|6|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|24,697|11,411|
|Net cash provided
by operating
activities|||24,697|11,411|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(10,694)||
|Dividends
received|||2,435|2,129|
|Net cash (used in)/provided|by investing|activities|(8,259)|2,129|
|Change in cash and cash|||||
|equivalents
in the reporting
period|||16,438|13,540|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||101,016|87,476|
|Cash and cash equivalents
at the
end ofthe reporting
period|||117,454|101,016|
##
|FOR|
THE YEAR ENDED 3|
1STMARCH 2023|
1STMARCH 2023|
1STMARCH 2023|
1STMARCH 2023|
1STMARCH 2023|
|---|---|---|---|---|---|---|
||RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|||||
||||||2023|2022|
||||||5|I|
||Net income for the reporting
ofFinancial Activities)
Adjustments
for:||period (as per|the Statement|8,655|5,653|
||Depreciation
charges||||12,708|11,886|
||Losses/(gain)
on investments||||7,002|(3,340)|
||Loss on disposal offixed assets||||1,406||
||Dividends
received||||(2,435)|(2,129)|
||Decrease/(increase)|in debtors|||1,714|(172)|
||Decrease
in creditors||||(4,353)|(487)|
||Net cash provided|by operations|||24,697|11,411|
|2.|ANALYSIS OF CHANGES IN||NET FUNDS||||
|||||At 1.4.22
I|Cash flow
6|At' 31.3.23
I|
||Net cash||||||
||Cash at bank and
in|hand||101,016|16,438|117,454|
|||||101,016|16,438|117,454|
||Total|||101,016|16,438|117,454|
##
##
##
##
|estimated|useful life.||||
|---|---|---|---|---|
|Freehold|property|Straight|line over 10years|and 50 years|
|Fixtures|and fittings|15%to|33%on reducing|balance and 10%on cost|
##
|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 31STMARCH 2023||||||
|3.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||2023|2022|
||||||Total|Total|
||||||activities|activities|
||||||E|f|
||Nursery fees||||561,031|532,215|
||Bank interest receivable||||192|19|
||||||561,223|532,234|
|4.|CHARITABLE ACTIVITIES COSTS||||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 5)
f.|note 6)
f|Totals
E|
||Total activities|||369,232|178,769|548,001|
|5.|DIRECT COSTS OF|CHARITABLE ACTIVITIES|||||
||||||2023|2022|
||||||E|E|
||Staff costs||||313,297|294,112|
||Operational
costs
provision
of daycare|nursery|||3,644
38,177|4,275
47,104|
||Depreciation
Loss on sale ofassets||||12,708
1,406|11,886|
||||||369,232|357,377|
|6.|SUPPORT COSTS||||||
||||||Governance||
||||Management|Other
f|costs|Totals
E|
||Total activities||163,778|7,849|7,142|178,769|
||Support costs, included||in the above, are as follows:||||
||||||2023|2022|
||||||Total|Total|
||||||activities|activities|
||||||E|E|
||Wages||||61,990|49,441|
||Social security||||24,031|21,097|
||Rates and water
Insurance||||14,203
19,699|5,768
20,218|
||Light and heat||||17,648|9,580|
||Repairs and maintenance||||22,167|51,293|
||Office expenses||||4,040|4,748|
||Sundries||||7,849|5,777|
||Bookkeeping
Accountancy
fees||||3,962
3,180|3,486
3,265|
||||||178,769|174,673|
##
##
|Net income/(|expenditure)
is stated after charging/(credit|ing):||
|---|---|---|---|
|||2023
f|2022
E|
|Depreciation|- owned assets|12,708|11,886|
|Deficit on disposal offixed assets||1,406||
##
##
##
##
##
##
|STAFF COSTS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023
f|2022
f|
|Wages and salaries|||||||||375,287|343,553|
|Social secudity costs|||||||||24,031|21,097|
||||||||||399,318|364,650|
|The average
monthly|number||of|employees||during|the year|was as follows:|||
||||||||||2023|2022|
|Nursery
and administrative||staff|||||||23|21|
|No employees
received emoluments|||||in excess ofE60,000.||||||
|COMPARATIVES
FOR THE|||STATEMENT|||OF FINANCIAL||ACTIVITIES|||
|||||||||Unrestricted|Restricted|Total|
|||||||||fund|funds|funds|
|||||||||E|E||
|INCOME AND ENDOWMENTS||||FROM|||||||
|Charitable
activities|||||||||||
|Tota I activities||||||||407,124|125,110|532,234|
|Investment
income||||||||2,129||2,129|
|Total||||||||409,253|125,110|534,363|
|EXPENDITURE ON|||||||||||
|Charitable
activities|||||||||||
|Tots I activities||||||||398,163|133,887|532,050|
|Net gains on investments||||||||3,340||3,340|
|NET INCOME/(EXPENDITURE)||||||||14,430|(8,777)|5,653|
|RECONCILIATION|OF FUNDS||||||||||
|Total funds brought|forward|||||||222,350|231,684|454,034|
##
|FOR|THE YEAR ENDED 31STMARCH 2023|THE YEAR ENDED 31STMARCH 2023|THE YEAR ENDED 31STMARCH 2023||
|---|---|---|---|---|
|10.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
|||f|f|f|
||TOTAL FUNDS CARRIED FORWARD|236,780|222,907|459,687|
|11.|TANGIBLE FIXEDASSETS||||
||||Fixtures||
|||Freehold|and||
|||property
f|fittings|Totals
f|
||COST||||
||At 1st April 2022|534,899|61,160|596,059|
||Additions||10,694|10,694|
||Disposals||(6,620)|(6,620)|
||At 31st March 2023|534,899|65,234|600,133|
||DEPRECIATION||||
||At 1st April 2022|280,012|50,473|330,485|
||Charge for year|9,858|2,850|12,708|
||Eliminated
on disposal||(5,215)|(5,215)|
||At 31st March 2023|289,870|48,108|337,978|
||NET BOOK VALUE||||
||At 31st March 2023|245,029|17,126|262,155|
||At 31st March 2022|254,887|10,687|265,574|
|12.|FIXED ASSET INVESTMENTS||||
|||||Listed|
|||||investments|
|||||f|
||MARKET VALUE||||
||At 1st April 2022|||91,128|
||Revaluations|||(7,002)|
||At 31st March 2023|||84,126|
||NET BOOK VALVE||||
||At 31st March 2023|||84,126|
||At 31st March 2022|||91,128|
##
|FOR|THE YEAR ENDED 31S|THE YEAR ENDED 31S|THE YEAR ENDED 31S|THE YEAR ENDED 31S|TMARCH 2023||||||
|---|---|---|---|---|---|---|---|---|---|---|
|13.|DEBTORS:AMOUNTS||||FALLING DUE WITHIN|ONE YEAR|||||
||||||||||2023|2022|
||||||||||6|6|
||Trade debtors|||||||||3,621|
||Other debtors||||||||837|34|
||Prepayments||||||||14,375|13,271|
||||||||||15,212|16,926|
|14.|CREDITORS:||AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||
||||||||||2023|2022|
||||||||||6||
||Trade creditors||||||||2,695|3,794|
||Social security|||and other taxes||||||4,163|
||Accrued expenses||||||||7,910|7,000|
||||||||||10,605|14,957|
|15.|ANALYSIS OF|||NET ASSETS BETWEEN FUNDS|||||||
||||||||||2023|2022|
||||||Unrestricted||Restricted||Total|Total|
|||||||fund
6||funds
I|funds
I|funds
I|
||Fixed assets||||44,234||217,921||262,155|265,574|
||Investments||||84,126||||84,126|91,128|
||Current assets||||132,666||||132,666|117,942|
||Current
liabilities||||(10,606)||||(10,605)|(14,957)|
||||||250,420||217,922||468,342|459,687|
|16.|MOVEMENT|IN FUNDS|||||||||
||||||||||Net||
||||||||||movement|At|
||||||||At|1.4.22
6|in funds
I|31.3.23
I|
||Unrestricted||funds||||||||
||General
fund||||||236,780||13,640|250,420|
||Restricted funds||||||||||
||Removing
Barriers Grant
The Crossley
Mill Fund
Inclusion
Funding||||||393
222,514||(59)
(8,708)
3,782|334
213,806
3,782|
||||||||222,907||(4985)|217922|
||TOTAL FUNDS||||||459,687||8,655|468,342|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted
funds||||||
|General
fund||440,869|(420,227)|(7,002)|13,640|
|Restricted funds||||||
|Removing
Barriers Grant|||(59)||(59)|
|Early Education|Funding|109,203|(109,203)|||
|The Crossley
Mill|Fund||(8,708)||(8,708)|
|Inclusion
Funding||13,586|(9,804)||3,782|
|||122,789|(127,774)||(4,985)|
|TOTAL FUNDS||563,658|(548,001)|(7,002)|8,655|
##
|Comparatives
for movem|ent
in fu|nds|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.4.21
f|in funds
f|31.3.22
f|
|Unrestricted
funds|||||||
|Genera
I 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|
|TOTAL FUNDS||||454,034|5,653|459,687|
|Comparative
net movement|in funds,|included|in the above|are as follows:|||
||||Incoming|Resources|Gains and|Movement|
||||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted
funds|||||||
|General
fund|||409,253|(398,163)|3,340|14,430|
|Restricted funds|||||||
|Removing
Barriers Grant
Early Education
Funding|||119,116|(69)
(119,116)||(69)|
|The Crossley
Mill Fund
Inclusion
Funding|||5,994|(8,708)
(5,994)||(8,708)|
||||125,110|(133,887)||(8,777)|
|TOTAL FUNDS|||534,363|(532,050)|3,340|5,653|
##
##
|A curren|t yea|r 12months
and prior year 1|2 months
combined
position
is|as follows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.23|
||||6|6|6|
|Unrestricted||funds||||
|General|fund||222 350|28g070|250 420|
|Restricted funds||||||
|Removing
Barriers Grant|||462|(128)|334|
|The Crossley||Mill Fund|231,222|(17,416)|213,806|
|Inclusion|Funding|||3,782|3,782|
||||231,684|(13,762)|217,922|
|TOTAL|FUNDS||454,034|14,308|468,342|
|A current
year 12 months
and
pr
the above are as follows:|ior year 12 months
co|mbined
net mov|ement
in fund|s,
included|
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources
I|expended
6|losses
6|in funds
6|
|Unrestricted
funds|||||
|General
fund|850,122|(818,390)|(3,662)|28,070|
|Restricted funds|||||
|Removing
Barriers Grant
Early Education
Funding
The Crossley
Mill Fund|228,319|(128)
(228,319)
(17,416)||(128)
(17,416)|
|Inclusion
Funding|19,580|(15,798)||3,782|
||247,899|(261,661)||(13,762)|
|TOTAL FUNDS|1,098,021|(1,080,051)|(3,662)|14,308|
##
##
##
##
##
|FOR THE YEAR ENDE||D 31STMARCH 2023|||
|---|---|---|---|---|
||||2023
6|2022I|
|INCOME AND ENDOWIIIIENTS|||||
|Investment
income|||||
|Other fixed asset invest||- FII|2,435|2,129|
|Charitable
activities|||||
|Nursery
fees|||561,031|532,215|
|Bank interest
receivable|||192|19|
||||561,223|532,234|
|Total incoming
resources|||563,658|534,363|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wages|||313,297|294,112|
|Operational
costs|||3,644|4,275|
|Provision
of daycare nursery|||38,177|47,104|
|Depreciation
oftangible||fixed assets|12,708|11,886|
|Loss on sale oftangible||fixed assets|1,406||
||||369,232|357,377|
|Support costs|||||
|Management|||||
|Wages|||61,990|49,441|
|Social security|||24,031|21,097|
|Rates and water|||14,203|5,768|
|Insurance|||19,699|20,218|
|Light and heat|||17,648|9,580|
|Repairs and maintenance|||22,167|51,293|
|Office expenses|||4,040|4,748|
||||163,778|162,145|
|Other|||||
|Sundries|||7,849|5,777|
|Governance costs|||||
|Bookkeeping
Accountancy
fees|||3,962
3,180|3,486
3,265|
||||7,142|6,751|
|Total resources expended|||548,001|532,050|
|Net income before gains and losses|||15,657|2,313|
|Realised recognised|gains and losses||||
|Realised gains/(losses)||on fixed asset|||
|investments|||(7,002)|3,340|
|Net income|||8,655|5,653|