21[st] November 2025
Dear Trustees,
REF: 2024/25 Accounts
Thank you for providing details of the charities transactions for the year ending August 2025.
We have now finished putting together the annual accounts for Sunny Days Nursey to 31[st] August 2025.
Please find enclosed with this letter a copy of the annual accounts.
Financial Performance
The total income for the charity was broadly in line with the previous year, increasing only slightly by £516.
However, the expenses of the charity increased more than the revenue with notable increases in the following areas,
-
1) Staff Costs – Salaries of employees increased by £6,658. However, this should be viewed in context of a reduction in the use of bank staff saving the charity £4,997. Therefore, the net effect was an increase of £1,661.
-
2) Employers National Insurance – This cost increased by £2,084. This is partly due to the increase in PAYE Salary costs but has also increased because of increases in the rates of employers National Insurance.
-
3) Legal and Professional Cost – This increase can be attributed to £2,083.80 paid to Stephen Scown for the transfer of Licence and appears to be a one-off costs.
-
4) Premises Expenses – The increase is due to several repairs and maintenance costs such as repairs the emergency lighting system rather than one large item of expenditure. Please contact us if you would like a breakdown of these costs.
Although some cost areas did decrease slightly, the charity saw an increase in costs of £4,609. This has produced a loss for the year of £10,463 (£5,338 in 2023/24).
Please note though, that the expenses include £4,804 of depreciation which is an accounting adjustment and does not have an impact on cash flows. If depreciation was discounted, then the operating loss would have been £5,659. This is reflected in the reduction of cash reserves in the year.
It will be very important for the future stability of the charity that the revenue at lease matches the operating costs so the charity does not continue to use up its cash reserves and can maintain its cash balances.
Next Steps
Please review all the information in this letter and the accounts, paying close attention to pages 5 and 6.
If you have any questions, please do not hesitate to contact me.
Yours Sincerely,
Tony Kirk
T&A Kirk Ltd
Sunny Days Nursey
Unaudited Financial Statements for the Year ended 31 August 2025
Sunny Days Nursey
Contents of the Financial Statements
| Business Information | 2 | |
|---|---|---|
| Profit and Loss Account | 3 | |
| Balance Sheet | 4 | |
| Detailed Profit and Loss Account | 5 | - 6 |
1
Sunny Days Nursey
Business Information for the year from 1 September 2024 to 31 August 2025
Proprietor Sunny Days Address School Hill St Day Redruth TR16 5LG Accountant T&A Kirk Office F13 Pool Innovation Centre Trevenson Road Pool TR15 3PL
2
Sunny Days Nursey
Profit and Loss Account
for the year from 1 September 2024 to 31 August 2025
| Turnover Staff costs Depreciation and other amounts written off assets Other Charges Loss for the year |
2025 £ 240,951 (202,436) (4,804) (44,174) |
2024 £ 240,435 (199,544) (4,804) (41,425) |
|---|---|---|
| (10,463) | (5,338) |
3
Sunny Days Nursey
Balance Sheet as at
31 August 2025
| Assets Fixed Assets Current Assets Prepayments and accrued income Capital, Reserves and Liabilities Capital and reserves Creditors amounts falling due within one year Accruals and deferred income |
2025 £ 5,453 22,041 731 |
2024 £ 10,257 31,478 183 |
|---|---|---|
| 28,225 | 41,918 | |
| 24,944 1,049 2,232 |
35,407 4,279 2,232 |
|
| 28,225 | 41,918 |
These financial statements have been prepared in accordance with UK Generally Accepted Accounting Principles.
They were approved on 21 November 2025 by:
Sunny Days Proprietor
4
Sunny Days Nursey
Detailed Profit and Loss Account
for the year from 1 September 2024 to 31 August 2025
| Turnover Donations Fundraising / Sundry Income Interest Income Milk Funding Session Fees Session Funding Staff Costs Bank Staff Clothing Fees Employer's National Insurance Pensions Costs Staff Training & Expenses Wages Depreciation, amortisation and impairment expense Depreciation Expense Other charges Audit & Accountancy Fees Children's Expenses/ Fuel & Trips Children's Learning Equipment Cleaning, Health and Safety Food and Drink Gifts Donations and Fundraising Insurance IT Software And Consumables Legal & Professional Fees Light, Power, Heating Play Activies Premises Expenses Printing & Stationery Rent & Rates Subscription & Licences Telephone & Internet |
2025 £ 906 1,842 283 97 66,734 171,089 |
2024 £ 410 2,571 301 221 103,089 133,843 |
|---|---|---|
| 240,951 - 100 6,721 6,498 1,960 187,157 |
240,435 4,997 278 4,637 6,079 3,054 180,499 |
|
| 202,436 4,804 |
199,544 4,804 |
|
| 4,804 1,397 - 715 1,829 4,866 492 1,893 451 3,434 3,160 3,002 8,126 2,098 8,735 647 2,249 |
4,804 1,397 181 1,247 2,296 5,302 627 403 384 1,388 3,318 4,927 5,851 1,440 8,588 854 2,265 |
5
Sunny Days Nursey
Detailed Profit and Loss Account (continued)
for the year from 1 September 2024 to 31 August 2025
| Water Rates Loss for the year Net Loss |
2025 £ 1,080 |
2024 £ 957 |
|---|---|---|
| 44,174 (10,463) |
41,425 (5,338) |
|
| (10,463) | (5,338) |
6
21[st] November 2025
Dear Trustees,
REF: 2024/25 Accounts
Thank you for providing details of the charities transactions for the year ending August 2025.
We have now finished putting together the annual accounts for Sunny Days Nursey to 31[st] August 2025.
Please find enclosed with this letter a copy of the annual accounts.
Financial Performance
The total income for the charity was broadly in line with the previous year, increasing only slightly by £516.
However, the expenses of the charity increased more than the revenue with notable increases in the following areas,
-
1) Staff Costs – Salaries of employees increased by £6,658. However, this should be viewed in context of a reduction in the use of bank staff saving the charity £4,997. Therefore, the net effect was an increase of £1,661.
-
2) Employers National Insurance – This cost increased by £2,084. This is partly due to the increase in PAYE Salary costs but has also increased because of increases in the rates of employers National Insurance.
-
3) Legal and Professional Cost – This increase can be attributed to £2,083.80 paid to Stephen Scown for the transfer of Licence and appears to be a one-off costs.
-
4) Premises Expenses – The increase is due to several repairs and maintenance costs such as repairs the emergency lighting system rather than one large item of expenditure. Please contact us if you would like a breakdown of these costs.
Although some cost areas did decrease slightly, the charity saw an increase in costs of £4,609. This has produced a loss for the year of £10,463 (£5,338 in 2023/24).
Please note though, that the expenses include £4,804 of depreciation which is an accounting adjustment and does not have an impact on cash flows. If depreciation was discounted, then the operating loss would have been £5,659. This is reflected in the reduction of cash reserves in the year.
It will be very important for the future stability of the charity that the revenue at lease matches the operating costs so the charity does not continue to use up its cash reserves and can maintain its cash balances.
Next Steps
Please review all the information in this letter and the accounts, paying close attention to pages 5 and 6.
If you have any questions, please do not hesitate to contact me.
Yours Sincerely,
Tony Kirk
T&A Kirk Ltd