Charity number.. 1030364
Horspath Nurs•ry
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Horspaih Nursery
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
J Home
D vvalerman jresigned July 2u23j
E Chanarin (resigned July 20231
B Morri5
K Ledgard
J Lovegrove lappoinled September 20231
J Rockall {aptr)inted .Seplember 20231
L Way (appointed Sep:ember 20221
PRINCIPAL ADDRESS
Blenheim Road
Horspath
Oxford
OX33 1RY
CHARITY NUMBER
10303é4
INDEPENDENT EXAMINERS ANO AccouKfANTS
Barn8s48usiness Limited
12 Murdock Road
Bicesler
Oxon
OX26 4PP

Horspath Nursery
ACCOUTr￿5
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Report of the TTUStees
Independenl Examinerfs Statement
Staternent of Financlal Activities
Balance Sheet
Notes to the Accounls
9t0 11
Detailed Statement of Financial Activiti8S
12to13

orspath Nursery
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES. REPORT
The trustees present their report and accounls for the year ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Qbi8CtIV8s and alm8
The aims of the pre-sGh¢)ol are to enhance the development and education of children primarily under slatulory s¢hool age by
encouraging parents to understand and provid8 for the needs of their children through o)mmunity groups and by:
a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of
parents lo take responsibility for and to become involved in the activrties of such groups, ensuring that such groups offer
opportunities for all children whatever Ih8ir race, culture, religion, means or ability.,
bl Encouraging tb.p sludy of the np&*ds ol such children and Ilpir !arp.ilipR and prom.nting PLihlic. interpst in an.d recognition of such
needs in Ihe local areas-
¢1 Instigating and adh8ring to and furthering the aims and objects of the pr8vschool learning alliance,
Publle bèneflt
The trustees h8V8 h8d regard lo public bènèfit guié8nce issued by the Charities Commission.
They consider that Ihey COTnply wilh this guidance as the nursery supports Éind offers a service to IoGal residents and their families
by providing care and educalion for chikJr8n between the ages of two and a half and 11 years of age which enab18s paT8nls and
carei S ￿￿rk.
ACHIEVEMENT AND PERFORMANCE
Sesslons Offered
Horspath Nursery is full with a walting Ilst. We had 4 children with Speci81 Educational Needs.
We now have less school age children at All Stars Breakfast and After School Club and more Nursery age children.
Our opéning hours rwnain 3+ 7:2QaTr.-fj.3nn￿. ￿.10ndaY lo Friday, tarm lime only with an Eastgr P13sEcherne rJi
for 4 d3yo of
the Easter holiday anL1 a Summer Playscheme running for th8 first 2 weeks of the summer hoiiaay. We still servè braakfasl of cereal
and toast and a light Snack ol crumpets, cr015sants, mirffins, crackws fruit, dried fruit etc at the After School Club.
The Easter Play scheme had approxlmately 10 children attending and the Summer Play scheme had approximately 18 children per
day.
Nursery age children provide their own lunches and sn8cks but Horspath Nursery provides milk and ingredlents for cooking clubs
ich are held eath week.
Wè18ke children from the a9e of 1-11 years. We have increased our numbers from 30 to 40 children rJp,r 88&8ion xnd havp. r.rpaled
a Forest School for the additional 10 children due to 5 nursèriés closing in the surrounding area.
Tkie 14¢JiSél"y Ildu Eiv ul iiliii'vli on tl)e book.s ailii Ciliidi-¢i > b F-lu￿[5 faii9ed froiii &30+. W& arè iiiainly Gov￿1)M￿nI funded iiow diig
lo the Government offer for eligible paren15 of 2-year￿IdS.
Al St8rs Breakfasl club had approximately 18 children and the afterschool club had approximately 20 children per day during the
Wè8k.
We received Additional funding for 2 children with Special Educalional Neads to help support their learning and to pay for 1 to 1
adult to child ratio.

Horspath Nursery
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES. REPORT
Management Commlttee
The Nursery has conlinued lo operate according to the PLA conslilulion with a fNe-member committee.
Staff
Thère hav8 been several changes in staff over the Course of the year. Alici8, Sareh and Taya left during the year being replaced
with Danie.1, Ellig Fran, Emma and Jakepla. Reteppa io pnmplAling hpr final vpar tn rcHNplpte hpr Early Yp?r* teacher training. Amy
no Ellie have slarled level 3 Iraining. Emmcl Iheii went on MaleTnily leave shortly aflw joiriin9.
Horspath Nursery have Tecruiled a HR agency to support th8m wrth any staffing issues that arise.
Developments at the Nursery
Joanne has ensured that all staff are up to date wilh the required training and most of the training is now online with the orxasional
face to fac8 session.
All policies and procedures are up to date and more policies have been written to refled th8 change8 lo the n88d8 of the children.
All risk ass8ssm8nts have been revi8W8d and control measures implèmÈn18d to 8nsure that th8 Nurswy and All Stars club continue8
tn operAt8 .8afaly. Thorfi hAV8 ba8n nn rAPnrtable a¢cid8nts in tha last yaar.
All annual tests and checks have been performed.
We are still offering places to 2-year-olds and 30-hour funding lo support parents lo be able to return lo work morè hours. The
Government 15 phasing in funding for children from the age of 9+ months to encourage and support parents to 90 back lo work,
This should be completed by 2025.
Our policy for place 8llocalion is unchanged bul we now have 40 children at any given time with 30 children per session at Nursery
and 10 children al the nature area. Children with special educational needs and wrth sibling3 in the Nur88ry and School are 8180
priorilised.
Communlty Involv•m•nl
We have h81d thè following fundraising ev8nts'.
Smartie Tubes, Network Event, Halloween Party, Bingo Nights, Duck Races, The Hub Market etc
Working with Parents
We have had a parents evening. W8 conlinue to work closely with paren15 through èmails, telephone, facé to fac8 at the Nursery
gate, Class DOJO messaging service, Facebook and Nursery journal updates.
8 hava also neld parènr worKshops to support parents of childran rransiiioning 10 school and en￿vraging Indepenoence.
Fundralslng
We held the following fundraising events,.
Srnartie Tubes, Network Event. Halloween Paty, Bingo Nights, Duck Races, The Hub Market.
We have received lots of toy donalions to keep us up lo date and lo remain having a wide Tange of resources lo offer to the
children.
Chariiable Acts
We have supporied the following charities=
Children in Need. Cystic Fibrosis and Diabetes.
Flnances
The accounts for the year ending 31 sl March 2024 show a surplus of approximalely £20K.
Th8 naw 21-y8ar lease has not been comp18ted yet so this wll need to be faclored in going forward. This 15 Still ongoing due lo
th* 81 Iddpn rlpAlh nf IhA 8nlir,ilnr wnrkin9 nn thp. IpAse..
We use CAF Bank to manage money, We have three separate a¢¢ounls. an everyday account (for the day-to-day financial
management of the Nursery and All Stars Club), a contingency fund la reserve to cover three months. operating costs and staff
wages) and a fundraising accounl (to fund new equipment and make essenlial repairs elc.).

Horspath Nursery
FOR THE YEAR ENDED 31 MAgCH 2024
TRUSTEES, REPORT
Alms and Objectlves for the forthcomlng y•ar
We need to a¢quire lemporary p18nning permission. This is due in Dbcember 2024.
Ideally, we would like to increase staff pay due to minimum wage increases and the cost of living.
Wé alsu al.e awailiiig legal fee5 f(x the lease reiiew81.
We n88d a replac8ment fire door and awnings to be fixed.
We are also looking lo replace the portacabin with a new one or to improve the current trfJilding du8 lo the building being 30+ years
old and in need of a lot of maintenance. We are hopeful about obtaining a grant from Oxford County Councll to help u5 to buy a
new building.
If thi5 does not happen we will need to look into replacing the wel pour flooring as Ihere are some areas that need resurfacing.
Approved by or(J8r of the Board of Tlusiees on 27 January 2025 an¢ signecl on Ils tyehaif by
B Morris
Trustee

Horspath Nursery
DEPENDENT EXAMINEifs STA TEMEpir
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HORSPATH NURSERY
I report on the accounts of Ihe company lor Ihe year ended 31 March &024 .
RESPECTIVE RESPONSIBILrriES OF TRUSTEES AND EXAMINER
The charity trustees ￿e re¥)onsible lor the preparation ol the acrounls in accordance wilh Ihe requirements of the Charities Act
2011. 1 am qvalilied lo undertake the examination by being a qualified member of Association ol Chartered Certified kcounlanls.
Having satisfied myself that the ch￿ilY is eligible for independent examination, il is my responsibility lo..
- examine the accounts undef section 145 of the 2Q11 Act,.
lollow the prcc8dure$ laid dovdn in the general Dir8Ction8 given by th8 Charity Commi8sM)n under 88clion 145151(bl of the 2011
Act, and
slalo W1￿1her particular matters have ccffie lo my attention.
8ASIS OF INOEPENDtNT EAAPdllNERS ST ATEMENT
My examination was carried out in *xordance with general Direclion5 given by Ihe Charity Commission. An examination includes
a review of the accounling records kept by the charity and a ci)mparison ol Ihe aLtounls presEnted with Ihose records. It also
ncludes consideration ol any unusual ilemg or disclosures in Ihe account8. and seekino explanations from you as trusteès
concerning ary such m8llers. The procedures undertaken do nol provKle all Ihe evidence Ihat would b8 required In an audil, and
consequerilly no opinion Is given as ID Wheth￿ Ihe accoLnls present a'true and fair vievf and the report 15 limited to thos& matt&r$
yel out In the slalem8nl below.
INDEPENDENT EXAMINERS STATEMENT
In connecfion with my examlnalion, no matter has come lo my attention..
{1> which gives me reasonable cause lo believe that in ary material respect the rèquirements.
lo keep oct>)unling records In ac£ordance ￿ttt section 130 of the Charities Act 2011,. and
- In prepare ar£ounls which arx¢)rd wth thè arrounliryJ recor(Js. comply with the acco￿Ling requ'remenls ol seciion 130 of the
Chaiilies Acl 2011 and with Ihe methods and principles of the Statement of R8comm8nd8d Practice kcounting and Rewrting
by Charities
have not been MBI, or
(21 to which, in my opinion, attention should be drawn in order to eiiable a proper understanding of the accoLfftls to be reathed
Date., 27 January 2025
kelvin Esarnes FCCA
Barnes48u51ness Limrted
Chartered Certified Accounlanls
12 Murdock Road
Bicester
Oxon
OX26 4PP

Hor8path Nursèry
STATEME￿ OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Unrestrlcted Restrlcted
funds
funds
Total
Incomè
Inc¢Nne from generated funds
Donalicns and l@gacies
Inc￿ne ,￿r￿ Inve-tmenl=
Income from charitable activities
Total Income and endowmènts
13,963
2,197
248,248
13,963
6,414
779
248248 f97,766
264,408 204, 959
264,408
Expenses
Cosls of generaling funds
Expenditure on Rais&J funds
Expenditure on Charitable activitieo
Total Expen￿6
219,580
24,088
243,668
219,580 174,013
24,088 26,552
243,668 200,565
Net Income
20,740
20,740
4, 394
Net movement In fund$'.
Nel In¢ome for the year
Tol81 f r,d8 brought forw8rd
Net funds carrl•d forward
20,740
226,145
246,885
20,740
4,394
226,145 221,757
246.885 226, 145
This slalernent of financial activities includes all gains and losses recognised in the year. All income and expendrture
derive from continuing activities

Horspath Nursery
8ALANCE SHEET AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSErs
Tangible assets
832
948
CURRENT ASSErs
Debtors lamouT)Is f811Sng due withln one yearl
Ciiifi til bai)k ai Id il-l fiand
11,661
235,668
247,329
1,276
It,854
Z74,636
22b,4yu
1,293
CREDITORS: Amounts lalllng due wlthln one yèar
NET CURRENT ASSErs
246,053
246,885
225,197
226. 145
TOTAL ASSETS LESS CURREKf LIABILITIES
CAPITAL AND RESERVES
Unrestrlct•d funds
General fund
246,885
246,885
228.145
226, 145
These accounts were approved by the Board of Trustees and authori5ed for issue on 27 January 2025 and w8r8 8igned on Iheir
DehalT by..
8 Morrls
Trustee

Horspath Nursery
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
18. Basls Of Accounilng
The accounts have been prepared in 8ccord8ni* with the Char11ies SORP FRS102 - Accounting and Reporting for Chariti8S:
Statement of Recommen(Jed Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
standard applicab16 in th8 UK and Republlc of Ireland IFRSI 021 leffeclive January 20191, and the Charities Act 2011.The accounts
have been prepared under the historical cosl convention.
1b. In¢￿Ing Rèsources
All incoming resourctss Ère included on the Statement of Financial Activities when the charity is legally er*lrtled to Ib.e incc*p.a an.d
thv dmounl can be quanlified wiLn rea50n3ble aixuraGy.
1c. Resour¢es Expended
Liabilities are recognised as expendilure as soon as there is a legal or construcliv8 obligation cnmmitting the tharily to that
expendilure. it is probably Ihat a transfer of econc4nic b8nefits will be required in settl8ment and the amount of Ihe obligation can
be measured reliably. ExpendllLtre is accounted fcw on an accruals basis and has been classified under headings that aggregate all
cost re141pA tn *be c8tegory. Where costs rannol be direclly attributed lo partl¢Lilar hpadlnos they have been allncaled to ar.livilles
vii 8 b¥sis L'UII¥I¥LtsiII wiiii li1¥ ube L)r re¥vuru¥¥.
1 d. Allocatlon And Apportlonment Of Co%ts
All costs relate to the single activity of the charitabl8 company and are r8cognis8d accordingly.
le, Fund Accounllng
Unreslncted funds can b8 used in accordance with the charitable a*'ectives at the discretion of Ihg trustees.
Restricted funds can only b8 Used for particular restricted purpDses wtthin the objects of the charity. Restrictions arise when
specifièd by the donor or when funds are raised for particular r8Stricl8d purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Depreclatlon
D8precialion has been provided at the following rates in order lo write off the assets over Iheir estimated useful lives.
Property Improvemenls
Office and Computer Equipment
straight line 5.
reducing balance 2510

Horspath Nursery
2. EMPLOYEES
2024
2023
No.
10
No.
Aver8ge number of employees
12
3. TANGIBLE FIXED ASSETS
Property
Improv•ménts
Equlpm•nt
Total
Cost
At 1 A-;il 2023
At 31 March 2024
Depreclatlon
At 1 April 2023
For the year
Al 31 March 2024
50,819
50,819
38,550
12,269
37,914
38
37.952
11,957
78
49,871
116
12,035
49,987
Net Book Amounts
At 31 March 2024
598
234
832
Al 31 March 2023
636
312
948
4. DEBTORS
2024
2023
Amounts falling due within one year:
Trade debtors
debtors
11,661
11,656
i¥0
11,681
11.864
10

Orspath Nur60ry
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Taxation and social security
Other creditors
334
1,276
1,276
959
1,293
6. UNRESTRirfED FUNDS
8rought
forward
Incomlng
résources
Outgolng Tran$f•rs
r•8ources
Carrled
fonvard
General fund
226,145
226,145
264,407
264,407
1243.667)
1243,667)
246,885
246,885
I RUSTEES, REMUNERATION AND BENEFITS
On8 of the charity's trustees 18 also an employee under a contract of empbyment. The remuner&tion level 88t ty the board of
trustees al a commercial fair value comm8nsurate to the level and experienGe Ihat the role requires. The tTUStee concemed is paid
only for her employment ro18 al the ¢harf(y as is not paid for dut185 as a IrLJslee.
There weie no trustees expenses paid for the year ended 31 March 2024. nor for the prevlous year.

Horspath Nursery
INCOMING RESOURCES
FOR THE YEAR EINUÉV • i dARCH 2024
2024
2025
Incomlng resources
Incomlng resources from generatod funds
Donatlons
Gi &il-iiS
351
1.178
4,885
Donations
897
Fundraising and events
5,209
13,963
6,414
13,963
6,414
Involltmént Income
Bank inleresl
2,197
779
2,197
779
2,197
779
Fees charged
Council funding
Parent fees
148,765
99,483
129,907
67,859
248,248
197,766
248,248
797,766
Total Income
264,408
204.959
12

Horspath Nursery
EXPENSES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Expenses
Costs of gen¢ratlng funds
Costs Of G•neratlng Voluntary Income
Classroom consumables
Classroom waoes, 8mploy8rs Nl and pension
Clubs
Refreshments
9,668
208,573
5,563
165,791
1,100
936
209
Fundraising and promotional expense$
730
623
219,580
174,013
Charltablo AelSvftias
+ertaining
Premis￿ costs
Repairs and r8newals
Recruilm8nt
Training
Travel èxpenses
Professional fees
In5uranGe and 5ubsuiplions
oirice expen58S
Telephone and intemel
Bank charges
Sundry axpenses
Deprecialion of property Improv8ments
Depre￿laticP.
104
8,679
3,655
1,859
1,326
7.518
4,865
1,508
45
3,608
7,014
2.980
872
645
1,281
60
780
38
78
24,088
1.031
72
705
104
26,552
Total Expendhure
243.668
200,565
13