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2021-12-31-accounts

		Page
Management Committees'	report	1-6
Independent examiner's	report
Statement offinancial activities		8-9
Balance sheet		10
Statement ofcash flows
Notes to the financial statements		12-23

Current financial year
			Unrestricted	Restricted	Total	Total
			funds	funds
			2021	2021	2021	2020
		Notes
Income and endowments	from:
Charitable activities			695,651		695,651	750,162
Investments			31		31	723
Other income			105,582	5,856	111,438	230,815
Total income			801,264	5,856	807,120	981,700
Ex enditure on:
Raising funds			19,980		19,980	19,693
Charitable activities			820,240	9,552	829,792	883,122
Total resources expended			840,220	9,552	849,772	902,815
Net (expenditure)/income	for the yearl
Net movement in funds			(38,956)	(3,696)	(42,652)	78,885
Fund balances at 1 January	2021		679,053	260,781	939,834	860,949
Fund balances at 31 December 2021			640,097	257,085	897,182	939,834

Prior financial year
			Unrestricted	Restricted	Total
			funds	funds
			2020	2020	2020
		Notes			E
Income and endowments	from:
Charitable activities			750,162		750,162
Investments			723		723
Other income			230,815		230,815
Total income			981,700		981,700
Ex enditure on:
Raising funds			19,693		19,693
Charitable activities			879,425	3,697	883,122
Total resources expended			899,118	3,697	902,815
Net (expenditure)/income	for the year/
Net movement in funds			82,582	(3,697)	78,885
Fund balances at 1 January	2020		596,471	264,478	860,949
Fund balances at 31 December 2020			679,053	260,781	939,834

				2021		2020
			Notes			E
Fixed assets
Tangible assets					395,145		413,996
Current assets
Debtors			12	1,199		2,376
Cash at bank and	in	hand		573,218		581,532
				574,417		583,908
Creditors: amounts		falling due within
one year			13	(72,380)		(58,070)
Net current assets					502,037		525,838
Total assets less	current liabilities				897,182		939,834
Income funds
Restricted funds			14		257,085		260,781
Unrestricted funds					640,097		679,053
					897,182		939,834

				2021		2020
			Notes
Cash flows from operating		activities
Cash (absorbed by)/generated		from	19
operations					(3,914)		84,541
Investing activities
Purchase oftangible fixed assets Interest received				(4,430) 31		(2,996) 723
Net cash used in investing	activities				(4,399)		(2,273)
Net cash used in financing		activities
Net (decrease)/increase in	cash and		cash
equivalents					(8,314)		82,268
Cash and cash equivalents	at	beginning	ofyear		581,532		499,264
Cash and cash equivalents		at end of	year		573,218		581,532

			2021 f	2020f
Fees receivable Offsite community Training and other	childcare income	income	244,302 450,217 1,132	267,486 477,262 5,414
			695,651	750,162

					2021 f	2020f
	Interest receivable				31	723
5	Other income
			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
			2021f	2021 f	2021 f	2020 f
	Government	grant income	105,582	5,856	111,438	230,815
6	Raising funds
					2021	2020f
	Wages and	salaries			19,980	19,693

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2021f	2021f	2021 f	2020f	2020	2020 f
Wages and salaries				514,037	5,856	519,893	555,193		555,193
Depreciation and
impairment				19,586	3,696	23,282	22,407	3,697	26,104
Staff training and
recruitment				5,341		5,341	1,257		1,257
Staff healthcare	costs			592		592	1,014		1,014
Rent and rates				916		916	1,071		1,071
Insurance				5,051		5,051	5,811		5,811
Nursery costs				17,569		17,569	19,677		19,677
Light and heat				8,730		8,730	6,642		6,642
Cleaning supplies				4,894		4,894	5,872		5,872
Repairs and maintenance				14,995		14,995	7,182		7,182
Printing, postage		and
stationery				5,756		5,756	5,826		5,826
Telephone				5,299		5,299	5,527		5,527
Computer costs				3,010		3,010	6,105		6,105
Staff travel costs							74		74
Legal and professional				6,963		6,963	9,050		9,050
Bank charges and		interest		2,697		2,697	2,889		2,889
Bad and doubtful		debts					(46)		(46)
General expenses				9,426		9,426	14,712		14,712
Subscriptions				819		819	1,942		1,942
				625,714	9,552	635,266	672,214	3,697	675,911
Share ofsupport	costs
(see note 8)				187,538		187,538	197,870		197,870
Share ofgovernance			costs
(see note 8)				6,988		6,988	9,341		9,341
				820,240	9,552	829,792	879,425	3,697	883,122
Analysis by fund
Unrestricted funds				820,240		820,240	879,425		879,425
Restricted funds					9,552	9,552		3,697	3,697
				820,240	9,552	829,792	879,425	3,697	883,122

Support	costs
		Support	Governance	2021	Support	Governance	2020
		costs	costs		costs	costs
				E		E
Staffcosts		187,538	3,088	190,626	197,870	3,041	200,911
Audit 5accountancy
fees			3,900	3,900		6,300	6,300
		187,538	6,988	194,526	197,870	9,341	207,211
Analysed	between
Charitable	activities	187,538	6,988	194,526	197,870	9,341	207,211

			2021	2020
			Number	Number
Full time			19	22
Part time			28	28
Total			47	50
By function:
Direct charitable			33	39
Management	and	administration	8	11
Government-funded		employment	6
			47	50

9	Employees								(Continued)
	Employment	costs						2021f	2020f
	Wages and salaries							667,837	710,799
	Social security	costs						34,265	36,953
	Other pension	costs						28,397	28,045
								730,499	775,797
	There were no	employees	whose annual		remuneration		was f60,000or more.
	Remuneration	by key personnel
	The remuneration ofkey		management	personnel		is as	follows:
								2021f	2020f
	Aggregate compensation							130,599	128,990
10	Management	Committee

11	Tangible fixed	assets	assets
					Freehold	land	Fixtures and	Total
					and buildings		fittings
						E
	Cost
	At 1 January 2021				769,164		285,399	1,054,563
	Additions						4,430	4,430
	At 31 December	2021			769,164		289,829	1,058,993
	Depreciation and impairment
	At 1 January 2021				378,170		262,397	640,567
	Depreciation charged		in the year		12,955		10,326	23,281
	At 31 December	2021			391,125		272,723	663,848
	Carrying amount
	At 31 December	2021			378,039		17,106	395,145
	At 31 December	2020			390,994		23,002	413,996
12	Debtors
							2021	2020
	Amounts falling	due	within one year:
	Prepayments and accrued income						1,199	2,376
13	Creditors: amounts		falling due within one year
							2021	2020
	Other taxation and social security						8,150
	Trade creditors						7,703	6,119
	Other creditors						6,133	3,301
	Accruais and deferred		income				50,394	48,650
							72,380	58,070
	Deferred income
					2020		Movement	2021
						E	f
	Income received	in respect ofactivities to be undertaken		in the
	following year				36,350		10,924	47,274

	The liability ofeach mem	ber is limited to	f1.		.
16	Analysis ofnet assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020f	2020
	Fund balances at 31
	December 2021 are
	represented by:
	Tangible assets	138,060	257,085	395,145	153,215	260,781	413,996
	Current
	assets/(liabilities)	502,037		502,037	525,838		525,838
		640,097	257,085	897,182	679,053	260,781	939,834

			Non property	Non property
			leases	leases
			2021	2020
			E	E
Within	one	year	2,435	2,435
Within	two	to five years	1,218	3,653
			3,653	6,088

19	Cash generated from	operations	operations				2021	2020
								E
	(Deficit)/surplus for the	year					(42,652)	78,885
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities	(31)	(723)
	Depreciation and impairment oftangible			fixed assets			23,282	26,104
	Movements in working	capital:
	Decrease in debtors						1,177	9,695
	Increase/(decrease) in	creditors					14,310	(76,261)
	Cash (absorbed by)/generated		from operations				(3,914)	37,700

nd	assumpt	ions ofthe most recent valua	tion ofthe sc	heme are as follows:
~	Valuation	Date		31 March 2019
~	Valuation	Method		Present value offuture cashflows
~	Value of	Assets		E5,415million
~	Value of	Liabilities		F5,820 million
~	Funding	level (assets/liabilities)		93%
~	Funding	level (change since previous	valuation)	+6%
~	Investment returns since last valuation		(average)	10.3%
~	Salary scale increase per annum			3.6%
~	Pension	increases per annum		2.6%
~	Rate ofprice inflation (CPI)		2.6%
~	Discount	rate		4.8%

21	Analysis	ofchanges	ofchanges	in net funds
					At 1 January	Cash flows	At 31December
					2021		2021
					E		E
	Cash at	bank and	in	hand	581,532	(8,314)	573,218