## **Acorns Nursery School** **Charity No. 1028177** ## **Trustees' Report and Unaudited Accounts** **31 August 2024** **Acorns Nursery School Contents** ||Pages| |---|---| |Trustees' Annual Report|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4| |Statement of Cash flows|5| |Notes to the Accounts|6 to 9| |Detailed Statement of Financial Activities|10 to 11| Page 1 **Acorns Nursery School Trustees Annual Report** The trustees present their report with the unaudited financial statements of the charity for the year ended 31 August 2024. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1028177** ## **Principal Office** The Village Hall Shackleford GU8 6AE Address Line 5 ## **Trustees** The following trustees served during the year: ## **Accountants** MHM Accounting Solutions 13 Mapledrakes Close Ewhurst GU6 7QR Page 2 **Acorns Nursery School Trustees Annual Report** ## **Statement of trustees' responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity's trustees Trustee 31 August 2024 Page 3 ## **Committee 2024-2025** The Committee for 2024 -2025 needs to be appointed. Members have been proposed and seconded as below: ## **New committee nominees and roles** Chair: **Caty Goodwin** Propose: Gemma Attrill 2[nd] : Helen Butcher Treasurer: **Tamsyn Houlden-Stanley** Propose : Caty Goodwin 2[nd] : Jennifer Orpin Secretary: **Gemma Attrill** Propose: Tamsyn Houlden-Stanley 2[nd] : Caty Goodwin Open Committee Members: **Jennifer Orpin, Helen Butcher** Propose: Caty Goodwin 2[nd] : Gemma Attrill ## ACORNS NURSERY SCHOOL, SHACKLEFORD ## ANNUAL GENERAL MEETING ## **CHAIRPERSON’S REPORT** This is a review of the year September 2023 to August 2024. ## **The Nursery** Acorns continues to be an extremely popular choice, with the nursery being at full capacity come the end of the summer term. Popularity is mainly driven by word of mouth and siblings of previous attendees. We see children come from quite a wide catchment area; Shackleford, Puttenham, Godalming, through to Ash and Wanborough to name a few. Acorns children benefit from an experienced, enthusiastic staff team, most of whom have been with us for many years. Acorns’ ethos is that children learn best through play when happy and nurtured, gaining social skills and independence to make them confident learners who leave ready for their ongoing education. Strong links to local schools ensure Acorns prepares the children in the best way possible for their next step. ## **Staff updates** Beatty Currier continues to lead the team, with Karen Bennett as Deputy. Gemma Strange resigned in the summer holidays, so did not return in September 2024. We wish her well with the rest of her apprenticeship. We remain appropriately staffed for the Autumn term, and have seen Marion at nursery a few times to help out when needed. Staff have taken on a range of training this year, with Beatty attending Makaton, Ofsted and Safer Recruiting courses. All staff carried out mandatory safe guarding training, and Ali has also attended a course on Mental Health in the workplace. ## **The committee** Acorns is a non-profit making registered charity, and needs a committee of parents to fulfil its constitution. Alongside overseeing the business management and good governance of the nursery, one of the committee’s roles is to fundraise additional monies to supplement the regular income of Acorns. The fixed basic, everyday costs and expenses (e.g. the rent on the hall, business rates, insurance, staff salaries, materials and perishables) are generally covered by income from FEE and FEET funding and parents as part of the voluntary contributions. Investment into the nursery to cover any additional resources or improvements to the setting itself is funded by events organised by the committee and parents, and donations from local community groups. It also receives EYPP (Early Years Pupil Premium) and Deprivation Funding, which is to be spent on resources in the nursery that would most benefit those children eligible. Over the past few years, we have been fortunate, through careful financial planning, to move from a position of financial loss and reliance on fundraising to cover even our most basic costs, to a more robust financial position, providing us with reassurance for the sustainability of Acorns’ offering and longer term viability, in what has become a more volatile economic, regulatory and political environment. All surplus income is directly re-invested into the nursery, funding its capital projects programme, staff retention initiatives and development or resources for the children, to ensure Acorns remains the best place for our children to start their Early Years development. The volunteer committee this year has remained the same comprising: Chair: Caty Goodwin Treasurer: Tamsyn Houlden-Stanley Secretary: Gemma Attrill Open Committee Members: Helen Butcher, Jenny Orpin We continue to attempt to recruit more members. ## **Fundraising** ## **Events Held:** |**Events Held:**|**Events Held:**| |---|---| |**Autumn Term**|Coffee morning| ||Cake sale| ||Christmas craft stall(before Christmas concert)| ||Christmas bundles| ||Wreath Making| |**Spring Term**|England Rugby raffle| ||Cake sale| ||Dads’ Stay and Play| ||Easter raffle| |**Summer Term**|Shackleford fete| ||Sale of Children's “End of Year” photographs| ||Cake sale| ||Leavers Art Gallery evening| A highlight of the year was once again the Christmas wreath making evening. Held this year in the Shackleford Hall in early December, we had a fantastic turnout from parents (and staff!) who came along to enjoy some festive nibbles, fizz and conversation, whilst making a beautiful festive wreath. Again, the feedback was fantastic and we are already looking to hold another in December 2024. We were very fortunate this year to have been gifted a pair of tickets to England v Ireland Six Nations match at Twickenham, along with a signed England rugby shirt and goodie bag. We are so grateful for the prize, which we raffled off, raising more than £600! We had another popular Dad’s Stay and Play again this year, with dads, grandads, uncles and friends enjoying a bacon sandwich and coffee, whilst helping their child to make another, thoughtful Mother’s Day gift. Again, an event at Acorns which we already look forward to running again next year. Unfortunately, we didn’t run an Easter Fun Day this year, but held a raffle, bake sale and few prizes to be won in the run up to the holidays which were well received. Hopefully this will make a comeback in 2025. As always, the summer term flew by but was punctuated by some lovely events. The Shackleford Fete was an enjoyable day again, with the team running the ever-popular cake stall and children’s games. This year there was face painting too which was highly popular! The money raised from the fete all goes into one pot, but we were fortunate to receive a generous portion of the takings £1500. Once again, the year was rounded off with the Leaver’s Art Gallery. I heard so many positive reviews from parents that attended, and everyone noted the effort and thought which the staff put into it. It takes months of planning, which culminates in a truly special afternoon for the leavers, as well as being a key fundraiser for the nursery. We saw a few capital improvements to the nursery this year, thanks to our fundraising activities and donations. Our new cabin was installed and looks very smart! It is great to now have this outdoor learning space for the children, which is already being used a lot and will make a fabulous Christmas grotto again! We have been able to put rubber matting down around the sand pit and pirate ship, which is much safer and easier to manage. We were also fortunate to receive another donation from the Puttenham Bonfire Committee, which we used to purchase new sustainable indoor wooden storage, replacing broken plastic drawers. As our landlord, the Village Hall has continued to support Acorns, in particular with replacing the old, broken kitchen space and storage. This has made a huge change to the space and ability for staff to prepare snacks etc. A big thank you to the Hall for doing this. As well as raising money for the nursery itself, Acorns continues to participate in national charitable activities and raised money this year for Children in Need, Red Nose Day, MacMillan, the Children’s Trust and Save the Children. Looking forward, we will be focusing our fundraising efforts on a covered boot area for outside the back door, a general tidy up and new fencing for the entrance to nursery and an awning for the front area. ## **School preparation** When the time comes, preparing the children for school is an attribute of Acorns that I believe is a real strength of the nursery. The staff spend a lot of time and effort with the “Leavers”, and continue to look at ways to make the transition as smooth as possible. As well as the usual activities that they have done previously, (uniform “dress up” to get children used to this; changing for PE lessons independently; school preparation evening for parents; and good communication links with each school), the staff have pinpointed that an area of concern for some children is the idea of school lunches. So to try and tackle this, Acorns asked parents to provide their children with a protein and carbohydrate for their lunch, in the final half term. Acorns then plated this on a tray (similar to those they’d have at school) to simulate the experience so it wasn’t so daunting or surprising when they started. With the hope of a new kitchen next year, I know the staff are keen to develop this initiative further for the Leavers in Summer 2025. ## **Speech and language** Speech and language continues to be a passion for Acorns, and with NHS waiting lists getting no shorter, we continue to work with Louise (Speech Therapist) from Chattertots to support children who would benefit from this service. The first term of 1-1 sessions is paid for by Acorns, then going forward Acorns covers the majority of cost but does ask for a contribution from the families involved. ## **Staff Pay** We have spent a lot of time looking at our financials this year and following the fee increase implemented at the start September, we are fortunately able to award staff pay rises from September 2024. It is crucial that we are able to reward staff for their hard work, and that we continue to pay competitively to ensure retention. Acorns is as special as it is in large part due to our staff. ## **Safeguarding** I briefly want to thank the staff, in particular, Beatty (as Manager) and Steph (as DSL) who continue to ensure the highest level of safeguarding at Acorns. ## **Forest area** One area of nursery that has developed significantly this year is the Forest area at the back of the nursery garden. Staff and parents have worked hard to clear the space and make it into a usable area for the children to explore and learn in. Next steps will be to look at staff training to make the most of this great space. ## **Holiday club** After much interest from parents and willing staff, we introduced a Holiday Club in the summer holidays, running on several days in July 2024. ## **Summary** Another year has come to a close, and as always it has gone so quickly! We started the year with a lovely coffee and cake morning, to welcome parents and carers, old and new, and finished the year with a wonderful afternoon picnic to say goodbye to those leaving, and ‘see you in September’ to those coming back. We started September 2023 with 35 on roll 8 of those new starters who joined the Stay and Play sessions run over the holidays, to help their first days run more smoothly. We gained 4 children by January, and ended the year with 48 children in the register. We have continued to use some of our surplus income to support families who need additional financial support from time to time, in line with our charitable status and ethos, and the staff are always free to listen and help when needed. We have some key events in the calendar that are becoming traditions in their own right, and certainly highlights of the year. The Christmas singing at the Church is definitely one of these, for both parents and children – so, note to staff, your efforts and patience are much appreciated here! In addition, parents (mostly Mums to date!) enjoy the wreath making, and Dads, the stay and play. The end of year picnic was a lovely way to kick off the holidays, and was held this year in the grounds of Aldro school, which was a beautiful and very convenient setting, so many thanks to them for allowing us to use the area. Parents and carers continued to support Acorns with their time and effort, whether that be in the kitchen baking for a cake sale, or helping in the Acorns garden. Not to mention support with our fundraising efforts. So, thank you - the community Acorns nurtures is one of the most special things about it. As I’ve said already, but need to say again, alongside the parent/carer community, Acorns is made what it is by the staff. We are very lucky to have the team we do. No matter what is going on in their own lives, they continue to show up and show care and compassion to every child, and it is this that I we all value and I truly believe sets Acorns apart. **Acorns Nursery School Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Acorns Nursery School** I report to the trustees on my examination of the financial statements of Acorns Nursery School for the year ended 31 August 2024. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. M H Matthews FCCA Certified Chartered Accountants MHM Accounting Solutions 13 Mapledrakes Close Ewhurst GU6 7QR 31 August 2024 Page 4 **Acorns Nursery School Statement of Financial Activities** ## **for the year ended 31 August 2024** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Raising funds
8
Other
9
**Total**
Net gains on investments
**Net income**
10
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Total funds**|**Total funds**| |---|---|---|---|---| |||**2024**|**2024**|**2023**| |||**£**|**£**|**£**| |||||| |||2,650|2,650|3,008| |||4,350|4,350|3,329| |||116,308|116,308|94,948| |||992|992|281| |||87,529|87,529|66,465| |||211,829|211,829|168,031| |||||| |||1,055|1,055|412| |||174,452|174,452|151,745| |||175,507|175,507|152,157| |||-|-|-| |||36,322|36,322|15,874| |||-|-|-| |||36,322|36,322|15,874| |||||| |||36,322|36,322|15,874| |||||| |||74,688|74,688|58,814| |||111,010|111,010|74,688| |||||| |||||| |||||| Page 5 **Acorns Nursery School Balance Sheet** **at 31 August 2024** |**Charity No. 1028177**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors:**Amount falling due within one year
14
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
15
**Unrestricted funds**
15
General funds
**Reserves**
15
**Total funds**
Approved by the trustees on 31 August 2024|**2024**
**£**
26,307
26,307
768
109,669
110,437
(25,734)
84,703
111,010
111,010
111,010
111,010
111,010
111,010|**2023**
**£**
29,501| |---|---|---| |||29,501
768
76,311| |||77,079
(31,892)| |||45,187
74,688| |||74,688| |||74,688| |||74,688| |||74,688| |||74,688| |||| And signed on their behalf by: Trustee 31 August 2024 Page 6 **Acorns Nursery School Notes to the Accounts** ## **for the year ended 31 August 2024** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. - Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 7 **Acorns Nursery School Notes to the Accounts** ## **Expenditure** Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixture and Fittings 18%% Reducing ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Page 8 **Acorns Nursery School Notes to the Accounts** ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. Page 9 **Acorns Nursery School Notes to the Accounts** ## 2 **Statement of Financial Activities - prior year** |2
**Statement of Financial Activities - prior year**|||| |---|---|---|---| |**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Other
**Total**
**Expenditure on:**
Raising funds
Other
**Total**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Donations
4
**Income from charitable activities**
Fund raising|**Unrestricted**
**£**
2,650
2,650
**Unrestricted**
**£**
4,350
4,350|**Unrestricted**
**funds**
**2023**
**£**
3,008
3,329
94,948
66,465
167,750
412
151,464
151,876
(1)
15,873
15,873
15,873
58,814
74,687
**Total**
**2024**
**£**
2,650
2,650
**Total**
**2024**
**£**
4,350
4,350|**Total funds**
**2023**
**£**
3,008
3,329
94,948
66,465| ||||167,750
412
151,464| ||||151,876
(1)| ||||15,873| ||||15,873| ||||15,873
58,814| ||||74,687| ||||**Total**
**2023**
**£**
3,008| ||||3,008| ||||**Total**
**2023**
**£**
3,329| ||||3,329| Page 10 **Acorns Nursery School Notes to the Accounts** ## 5 **Income from other trading activities** |Fees
Registrations
Discounts
Sweatshirts
6
**Income from investments**
7
**Other income**
Grants
8
**Expenditure on raising funds**
_Fundraising trading costs_
Fees|**Unrestricted**
**£**
117,034
1,875
(2,881)
280
116,308
**Unrestricted**
**£**
992
992
**Unrestricted**
**£**
87,529
87,529|**Total**
**2024**
**£**
117,034
1,875
(2,881)
280
116,308
**Total**
**2024**
**£**
992
992
**Total**
**2024**
**£**
87,529
87,529|**Total**
**2023**
**£**
93,860
1,500
(855)
443| |---|---|---|---| ||||94,948| ||||**Total**
**2023**
**£**
281| ||||281| ||||**Total**
**2023**
**£**
66,465| ||||66,465| ||||| ||**Unrestricted**
**£**
1,055
1,055|**Total**
**2024**
**£**
1,055
1,055|**Total**
**2023**
**£**
412| ||||412| Page 11 **Acorns Nursery School Notes to the Accounts** ## 9 **Other expenditure** |Educational Products
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
11 **Staff costs**
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
12 **Tangible fixed assets**
**Cost or revaluation**
At 1 September 2023
Additions
At 31 August 2024
**Depreciation and**
**impairment**
At 1 September 2023
Depreciation charge for the
year
At 31 August 2024
**Net book values**
At 31 August 2024
At 31 August 2023|**Unrestricted**
**£**
14,503
3,070
175
117,478
8
23,659
6,295
4,779
4,485
174,452
**2024**
**£**
6,295
**2024**
111,487
3,282
114,769|**Total**
**2024**
**£**
14,503
3,070
175
117,478
8
23,659
6,295
4,779
4,485
174,452
**£**
61,372
3,101
64,473
31,871
6,295
38,166
26,307
29,501|**Total**
**2023**
**£**
7,739
2,643
100
112,333
-
17,587
2,546
4,342
4,455| |---|---|---|---| ||||151,745| ||||**2023**
**£**
2,546
**2023**
106,620
2,781| ||||109,401| ||||**Total**
**£**
61,372
3,101| ||**Fixture and**
**Fittings**||| ||**£**
-
-
-
-
-
-
-
-||| ||||64,473| ||||31,871
6,295| ||||38,166| ||||26,307| ||||29,501| Page 12 **Acorns Nursery School Notes to the Accounts** ## 13 **Debtors** |Trade debtors
14 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred income
15 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
16 **Analysis of net assets between funds**
Fixed assets
Net current assets
17 **Reconciliation of net debt**
Cash and cash equivalents
Net debt||**2024**
**£**
768
768
**2024**
**£**
9,904
774
870||**2023**
**£**
768| |---|---|---|---|---| |||||768| |||||**2023**
**£**
9,904
503
582| |||12,836||19,553| |||1,350||1,350| ||**At 1**
**September**
**2023**
74,688
74,688|25,734
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
211,829
211,829
**At 1**
**September**
**2023**
**£**|**Resources**
**expended**
**£**
(175,507)
(175,507)
**Unrestricted**
**funds**
**£**
26,307
84,703
111,010
**Cash flows**
**£**|31,892| |||||**At 31**
**August**
**2024**
**£**
111,010| |||||111,010| |||||**Total**
**£**
26,307
84,703| |||||111,010| |||||**At 31**
**August**
**2024**
**£**| |||76,311|33,358|109,669| |||76,311
76,311|33,358
33,358|109,669| |||||109,669| |||||| Page 13 **Acorns Nursery School Notes to the Accounts** ## 18 **Commitments** ## _**Operating lease commitments**_ Annual commitments under non-cancellable operating leases are as follows: ||**2024**|**2024**|**2023**|**2023**| |---|---|---|---|---| ||**Land and**
**buildings**|**Other**|**Land and**
**buildings**|**Other**| ||**£**|**£**|**£**|**£**| |Operating leases with expiry date:||||| |**_Pension commitments_**||||| |||**2024**||**2023**| |||**£**||**£**| |The pension cost charge to the charity||||| |amounted to:||3,282||2,781| Page 14 **Acorns Nursery School Statement of Cash flows for the year ended 31 August 2024** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2024**
**£**
36,322
6,295
(88,521)
-
(6,158)
(52,062)
(3,101)
88,521
85,420
-
33,358
76,311
109,669|**2023**
**£**
15,873
2,546
(66,465)
70
13,155| |---|---|---| |||(34,821)
(17,902)
66,465| |||48,563| |||| |||-| |||| |||13,742| |||62,568| |||76,310| |||| |**Components of cash and cash equivalents**||| |Cash and bank balances|109,669|76,311| |||| ||109,669|76,311| Page 15 **Acorns Nursery School Detailed Statement of Financial Activities** ## **for the year ended 31 August 2024** |**Income and endowments from:**
Donations and legacies
Donations
Charitable activities
Fund raising
Other trading activities
Fees
Registrations
Discounts
Sweatshirts
Investments
Other
Grants
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
Fees
**Total of expenditure on raising**
**funds**
Other expenditure
Educational Products
Employee costs
Salaries/wages
Pension costs
Staff training
Staff welfare
Motor and travel costs
Travel and subsistence|**Unrestricted**
**funds**
**2024**
**£**
2,650
2,650
4,350
4,350
117,034
1,875
(2,881)
280
116,308
992
992
87,529
87,529
211,829
1,055
1,055
1,055
14,503
3,070
175
17,748
111,487
3,282
2,469
240
117,478
8|**Total funds**
**2024**
**£**
2,650
2,650
4,350
4,350
117,034
1,875
(2,881)
280
116,308
992
992
87,529
87,529
211,829
1,055
1,055
1,055
14,503
3,070
175
17,748
111,487
3,282
2,469
240
117,478
8|**Total funds**
**2023**
**£**
3,008| |---|---|---|---| ||||3,008| ||||3,329| ||||3,329| ||||93,860
1,500
(855)
443| ||||94,948| ||||281| ||||281| ||||66,465| ||||66,465| ||||168,031
412| ||||412| ||||412
7,739
2,643
100| ||||10,482| ||||106,620
2,781
2,864
68| ||||112,333| ||||-| Page 16 ## **Acorns Nursery School Detailed Statement of Financial Activities** |Premises costs
Rent
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixture and
Fittings
Depreciation of
General insurances
Postage and couriers
Software, IT support and related
costs
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net losses on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|8
14,364
1,882
7,413
23,659
-
6,295
990
758
1,482
513
1,036
11,074
360
2,325
1,800
4,485
174,452
175,507
-
36,322
36,322
-
36,322
74,688
111,010|8
14,364
1,882
7,413
23,659
-
6,295
990
758
1,482
513
1,036
11,074
360
2,325
1,800
4,485
174,452
175,507
-
36,322
36,322
-
36,322
74,688
111,010|-| |---|---|---|---| ||||14,364
1,918
1,305| ||||17,587| ||||-
2,546
945
1,286
455
633
1,023| ||||6,888| ||||360
2,895
1,200| ||||4,455| ||||| ||||151,745| ||||152,157
-| ||||15,874| ||||15,874
-| ||||15,874| ||||58,814| ||||74,688| Page 17