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