2025-03-31-accounts

The Mall Nursery and Creche Registered Charity Number 1031348 TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Miller & Co Chartered Ac¢ountants Statutory Auditors 5 Imperial Court Laportfr Wz4y Luton. 8odlordshir8 LU4 8FE

The Mall Nursery and Creche CONTENTS Letter from our Chair Pages 1-3 Treasurer's Report Page 4 Charity Trustees and Administrative Information Page 5 Trustees, Report Pages 6-28 Independent Examiner's Report Page 29-30 Financial Statements Pages 3142

The Mall Nursery and Creche CHAIRPERSON'S REPORT 202412025 Introduction On behalf ofthe committee, I would like to extend our deepest gratitude to all staff for their eX￿pIlOnal hard work and dedication throughout the year. The recognition received through various awards is a testament to the commitment and passion demonstrated by our team. Celebrating Achievements This year, we are proud to acknowledge the outstanding accomplishments oftwo team members.. Tammy Treagus was shortlisted for the Luton Best Awards Community Business Person of the Year and achieved Runner Up. Tammy's enthusiasm, dedication, and inspirational leadership have been inslrurnenlal in developing the charity and expanding the nursery. As the Designated Safeguarding Lead, Tammy's commitmentto children, families, and the widercommunity has made a significant impact. Shanel Walker was shortlisted for the Luton Apprenticeship Awards and received a Highly Commended Innovation and Mentor of the Year Award. Shanel's dedication to supporting apprentices has resulted in a 100% success pass rate for all completing their training at our nursery. Her commitment to coaching and mentoring has ensured that all apprentices are fully supported in achieving their qualifications. We congratulate bolh Tammy and Shanel on theirwell-deserved recognition and thank them for their continued conlributions. Review of 2024-2025 Targets Ofsted Reglstratlon and Nursery Expanslon The committee considered changing our Ofsted registration to a¢￿pt children under ￿0. However, due to increased demand for places for children aged three and above, this plan has been put on hold. The newly expanded space will be used as an exlension of the 3+ room, with building work nearing completion and the area set to open in September 2025 for sessional care. Untt 35, The Mall LU1 2TW. Telephone [phone] Registered Charity Number 1031348 Pa9e 1

The Mall Nursery and Creche Parent Committee Engagement Efforts to encourage more parents to join the committee included the creation of a welcome pack outlining roles, responsibilities, and Ofsted suitability checks. Recruitment remains challenging, primarily due to the administrative prO￿s$ required by Ofsted. such as the EY2 form and government gateway account setup. We continue to support and encourage parent involvement, with one parent currently awaiting Ofsted approval. This is an ongoing process. Recruitment The nursery successfully recruited new team members, including an additional 1-1 support staff member and a student apprenti￿. The expansion also enabled the hiring of a media and marketing assistant to enhan￿ nursery promotion and communication with parents. Staff Development Staff holding a Level 2 qualification were supported to achieve their Level 3 Early Years Educator qualification. Apprenti￿ship training was fully funded by the nursery, and all required Safeguarding and First Aid training was completed. Staff also participated in food, nutrition, physical activity, and oral hea￿h training with the Growing Healthy Families team. The usual yearly mandatory training was also completed by all. Marketing The nursery's profile was raised through sponsorship of local children's football clubs, resulting in increased holiday club occupancy for children over five. Promoting Cultural Capital Curriculum planning continues to be adapted in line with best practice and EYFS requirements, with differentiated activities ensuring equal opportunities for all children. Educational trips were funded by the nursery to ensure inclusivity, particularly for families with limited incorne. Unit 35, The Mall LUI 2TW. Telephone [phone]S Registered Charity Number 1031348 Page 2

The Mall Nursery and Creche Facilities Improvement The installation of a fully working kitchen was completed, providing slaff with a dedicated space for food preparation and breaks. This improvernenl supports both staff welfare and the quality of care provided to children. Concluslon The committee recognises and celebrates the achievements of our staff and the progress made towards our strategic targets. While challenges remain, particularly in parent committee recruitment and administrative processes, the dedication ofour team ensures that we continue to provide high-quality care and leaming opportunities and experiences for all children. We look forward to another successful year. building on these achievements and striving for continuous improvement. Yvette Watson Chairperson anuary 2026 Unf(35, Thè Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 3

The Mall Nursery and Creche TREASURER'S REPORT 202412025 The financial year for The Mall Nursery & Creche runs from Aprbl 1s1 to March 31sI. This is the first full year for the Mall Nursery & Creche operating in the extended premises., unit 19. The analysis undertaken prior to this extension has proven to be accurate in that child numbers have increased to take advantage of the additional space provided and the investment in renovations and equipment was fully justified. Government policy to provide child care remains our core income and this was strengthened by the introduction of 15 hours funding for all 2 year olds and above in April 2024. This income is by way of grants from Luton Borough Council. Some parents pay independently for additional sessions which accounts for about 130/0 of our income. As expected with additional child numbers, costs for 23 full and part time staff have increased significantly and account for nearly 700/0 of our expenditure. Maintaining the high level of care and professionalism in the team, achieving Ofsted targets and retaining our reputation in the community, is an achievement that Tammy, Michele and the whole team should be very proud. Extending operations within unit 19 continues and additional capital expenditure in the coming year will be taken from reseNes. I would like lo thank our independent examiners, Roger Cox and his colleagues at Miller and Co for their support and guidance with all our financial matters. Brian McFarland Hon Treasurer anuary 2026 Unil 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 4

The Mall Nursery and Croche minis rm The Mall Nursery and Creche is located in Luton Point Shopping Centre, Bedfordshire. We offer 80 Ofsted registered places per session and is assessed as 'Good' by Ofsted. Our committed, friendly, and well- qualified nursery team provide high quality care and education for children. The nursery operates from 8am-5.30pm Monday to Friday, 51 weeks a year, excluding bank holidays. The setting is closed for the week betmeen Christmas and New Year. The nursery follows the Early Years Foundation Stage {EYFS) wilh a focus on leaming through play and actively encouraging parents to become involved in the life of the nursery. The Mall Nursery and Creche is a large nursery delivering a high-quality service ensuring emotion, physical, social and intellectual needs are met, within a safe environment of respect and equal opportunity for all. Mana ement Committee Officers Chairperson- Yvette Watson - Trustee IRelected Chair January 2025) Treasurer- Brian McFarland - Trustee IRelected Treasurer January 20251 Secretsry- Jennifer Drummond (Reelected January 2025) Mana ement Committee member Tra￿Y Bateman - Trustee Roy Andrew Greening - Trustee Shannon Redding - Trustee (Resigned December 2024) Nurse staff Nursery Manager- Tammy Treagus- BA Hons Child and Adolescents Level 6 (Appointed July 2018) Nursery Deputy Manager- Michele Baulcombe (Appointed March 20191 Room Leader- Shanel Walker (Appointed March 2021 previously Early Years Practitioner appointed March 2019) Room Leader - Michelle Gibson (Appointed September 2022) Administration and Flnance Asslstsnt - Jennifer Drummond (Appointed November 2015) 15 Early Years Practitloners 2 Special Educational Needs 1-1 Support Practitioners 1 Early Years Apprentices 1 Medla and Marketlng Asslstsnt Bankers HSBC, 63 George Street, Luton LU12AP Inde endent Examiner Roger Cox Miller & Co Chartered Accountants, 5 Imperial Court, Laporte Way, Luton, Beds LU4 8FE Unil 35. The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 5

The Mall Nursery and Creche REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 The trustees present their report and the independently examined financial statements of the charity for the financial year ended 3151 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice {SORP) °A¢counting and Reporting by Charities. in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's constitution, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. structure, Governance and Management The Mall Nursery and Crèche is an unincorporated charity registered in England and Wales, constituted under the Pre-school Learning Alliance Model Pre-school Constitution 2011 dated September 2012. The trustees comprise management committee officers and managemenl committee members as shown on the Charity Trustees and Administrative Infofmalion page. Mariagemenl committee members are elected by members of the charity (parents of users of the Nursery) at the Annual General Meeting each year. Trustees also have the power to co-opt additional trustees as defined in the constitution. The management committee has the power to raise money, employ staff, fix fees, and make payments for the charity The Committee employ a manager, and a deputy manager to adminislerthe day to day running ofthe charity, although the management comrnittee retains overall authority in administering the charity fInan￿S and decision- making processes. As a nursery, we work closely with Ihe local authority who monitor the input of the partner agencies involved in delivering the additional services from the nursery, they and Eady Years Alliance also act as advisors to our management committee. Remuneration of key management and bonuses to all staff is set by the Personnel & Finance Committee consisting oflhe Chairperson, Secretary and Treasurer. This sub- committee also carries out performance reviews of key personnel. Salaries are sel using information from local settings as well as those in the local authority. Living wagel Minirnum wage will be taken into consideration and will reflect the age and role of the employee. The total salaries costs for the setting are then fed into the budget for the corning year to ensure there is viability and sustainability. Trustees, Inductlon and Tralning Induction for new members of the management committee includes meetings with existing management committee officers and members, and information on Unrt 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 8

The Mall Nursery and Creche governan￿, powers and responsibilities, re￿nI minutes, annual report, our trust deed and the Charity Commission's guidan￿ including "The Essential Trustee.. ￿at you Need to Know. and 'Public Benefit.. Management committee members are supported by training and advice from the Early Years Alliance. When recruiting and appointing new trustee members several factors are taken into consideration. To actively encourage parent participation within the committee advertisements have been placed in the nursery reception, these highlight the significan￿5 that parent contributions and views have when reflecting on aspects that could be adapted and altered to further improve the nursery. Trustees are voted in at the yearly AGM meetings, they require 3 votes to be elected. Following these steps ensures it is a fairer process for selection and remains unbiased. After members have decided they wish to join our committee suitability checks will be carried out a DBS check will be conducted and an EY2 Form will be completed to infomi Ofsted of new comrnittee members. Other outside agencies may be Contacted to gather further information on the suitsbility of an individual before being approved on the committee Risk Management The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established syslems and procedures to manage those risks. Financial Risk Fall in numbers of children and families attending. Methods to minimise risk Monitoring of numbers to ensure running at full occupancy. A marketing strategy, Maintain close working relationship with the local authority. To offer flexible hour and session times. Ensure we maintain a good reputation. Ensurin a sustainabili fundlreserve is ke To recruit enough staff lo have additional staff above required ratio levels. To offer staff incentlves and bonuses to ensure we retain staff recruited. Mana ement will cover staff absences when needed. Employing Managemenl wlh previous experience of running similar setting. Ensuring staff attend regular Iraining and have a full and relevant Early Years qualificalions. Management will monitor staffs practice and procedures lo ensure that high quality care and education is rovided to all children. Ensuring a sustainability fundlreserve is kept. Holiday club will be offered lo children up to age 7yrs 11 months. To ensure creche is fully advertised. Fundraising throughoL*I the year. Nol having adequate staffing levels to cover ChildlAdult ralio requirements of the EYFS Receiving an inspection resulting in a less than a 'Good' rating can mean immediate withdrawal of two-year-old funding A drop in additional income form crechel drop in users. Unit 35. The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 7

The Mall Nursery and Creche Increase in utility bills, rents and rates To ensure we are following our Eco policy of switch, off, tum down. reuse. Concussive laps in all areas accessed by children to reduce water waste. Censored lighting installed throughout nursery to reduce electric usage. Reduced renl. Reduced rates. By ensuring the above methods are implemented this will minimise those risks. Organisational Structure Charity Trustee I Committee Manager Deputy Manager, Admin & Finance Assistant Media & Marketing Assistant Room Leaders Practitioner Apprentices students Unil 35, The Mall LU1 2TW. Telephone [phone] Registered Charity Number 1031348 Page 8

The Mall Nursery and Creche Our Mission and Aim at the Mall Nursery and Crèche Our settlng alms to:

Provide high quality care and education for children primarily under stalutory school age. Work in partnership with parents to help children to learn and develop. Add to the life and well-being of the local community- Improve outcomes for young children and their families. Offer ohildren and their parents a service that promotes equality and values diversity. Our mlsslon Is to: To have high expectation of every child and strive lo help them succeed. To create an environment that will encourage parents to work in partnership with us. To create flexible childcare to su¢t parentsl carers needs at the most reasonable cosl achievable. To create a learning environment where sludents can thrive. In addition, through our ServI￿S we will support and inform parents also providing access to additional services via our partners to become a 'one stop shop, for parents and families. Our responsibilities and work Safeguardlng We are committed to the safeguarding of children and young people, and we expect everyone who works in our nursery to share this commitment. We believe in an open and transparent culture to safeguarding whereby anyone who comes in to contactwith our services feels seen, heard and understood and it is our priority to ensure their well- being. We believe that children and families have a right to be treated with respect and personal dignity, to be listened to and protected from harm, abuse, neglect, and exploitation ensuring a safe environment, promoting children's and family's welfare in all interactions and activities. This commitment involves recognising signs of abuse, responding appropriately, recording cOn￿rnS. and referring to relevant agencies, when ne￿Ssary, as such we ensure that all our policies reflect this. We undertake to exercise proper care and due diligence in the recruitment, selection and appointment of both staff and volunteers who will work with and support children and families. We believe that all children and their families should feel valued, safe and happy, We want to make sure that all those we have contact with know this and are empowered to tell us if Ihey are experiencing harm. Unil 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 P8ge 9

The Mall Nursery and Creche Public Beneflt In all aspects of running our organisalion the management committee keep in mind and have complied with the duty in section 17 of Ihe Charities Act 2011 to have due regard to public benefit guidance published by the Commission. Guidance on public benefits issued by the Charity Commission is to be included in management committee inductions to ensure all trustees are aware of and apply it when working with managers to decide upon future activities, policies, and procedures. The focus of our work continues to be split into 2 areas.. Chlldcare and education is provided through our day care nursery, with a focus on development matters, slaffed by qualified early years practitioners we work closely wilh parents and are open to children from the ages of2yrs- 5yrs. The nursery offers_15 hours funded care and education for children who are 3+ and spaces for 30 hours funded. We also offer care and education for qualifying 2-year-olds via the govemment's schemes. All day care and additional hours outside the funded hours are available at low cost and is payable by the hour {Currently £5.50ph). Payment in advan and deposits are NOT required making childcare both flexible and affordable to meet the needs of parentslcarers in our community. Our ServI￿S are accessed by many one parent families, families with no or little income, families new to the UK whose first language is not English, parents who were deprived as children themselves, under achievers, teenage parents, parents, and children with disabilities. By enabling even, the most disadvantaged children to achieve as much as they are able before they leave us for statutory education, we aim to redu￿ the effects of poverty and deprivation and improve outcomes for all children and the wider community in which we all live. Holida club and Creche is provided to children from age 2yrs up to 7yrs 11 months. We continue to offer a shoppers creche for families that require care while they are doing their shopping in the Mall shopping centre. Our holiday club takes place out of term time and offers care to families that require care during the school holidays. Through our work with these families, we advance the education of their children through play and the Early Years Foundation stage. Our work with parents achieves outcomes for families allowing parents to continue to work and improving life chances for the whole family. Our community As a charity we welcome the financial support that we receive from our community.. rent-free accommodation for Unit 35 from The Mall Shopping Centre and other organisational support from Luton Poinl Shopping Centre., the local authority providing support and government funding.. fundraising and donations., fees. Unil 35. The Mall LU12TW. Telephone [phone] Reglslered Ch8fily Number 1031348 Page 10

The Mall Nursery and Creche We acknowledge our duty lo spend these funds wisely for the benefit of all our users. We welcome all families of young children regardless of personal background, faith, gender, or personal circumstances. We have staff who speak different languages of our community, which is very diverse. We believe this philosophy of openness to all enriches everyone through the sharing of skills, aptitudes. and life experiences. The local area is made up of private and social housing and is situated within the top 100k most deprived area in the country. The levels of unemployment, the proportion of people with no qualification, the level of povety, perinatal mental ill health and the prevalen￿ of poor oral health are high and impact on families and young children in the area. Activities Achievements and Performance Achievement against targets for the year 202412025 was good and we continue to develop and expand the nursery, increasing the size of the floor space in the nursery to allow for occupancy demands to be met. Based on this we advertised and successfully recruited additional staff members and continue to offer apprenticeship opportunities. This ensured we were able to rneet our legal requirements for stafflchild ratios. We continue to promote the culture capital of children ensuring all children are given access to the same opportunities ensuring even our more deprived children are given the opportunity to access similar experiences to those more privileged. We joined the Growing Healthy Families programme. This is an accreditation programme designed to support early years settings to promote lifelong health. We aim to implement the best practice in the promotion of good nutrition, oral health, and physical activity. Uni(35. The Mall LU1 2TW. Telephone [phone] Registered Charity Number 1031348 Page 11

The Mall Nursery and Cre¢ho Our core services, the day care nursery, educadonal sesslons, holiday club, and shoppers crèche were operated successfully throughout the year. Levels of intake have continued to be extremely high, with demand particularly for 3- 4year-old pla￿s, ex￿edIng availability and we once again have a waiting list. We also had an increase in parents requiring access to 30 hour funded session. Our Holiday club numbers increased slightly this year, and we will continue to market this area of our service. Our moming and aftemoon education sessions provided pla￿$ for 140 &4-year-olds and we were able to increase spaces for funded 2-year-olds to meet local demands. Due to having the additional larger space, we were also able to increase the spaces available for 34-year-olds from 120 to 140 this year. During the year we have also provided places for children whose parents are, undertaking training via Job Centre Plus, or sludents who qualify for childcare grants or funding. Some children have been placed with L¢S via referrals from social care and health and our expertise in supporting these families is widely recognised. Our ability to react quickly, be flexible and provide care by the half hour has enabled us to provide emergency and short-term care including looking after children whose parents may be attending court or during periods of crisis. The past year has been extremely busy and exciting for the nursery. Curriculum Plannin We continue to monitor and adapt our curriculum planning in line with training and updates to ensure we are providing learning opportunities in line with current practi and EYFS learning and development requirements. We have now introduced into our curriculum planning activities and experiences linked to a focus story. The focus Story will change each half term and environmental opportunities, and our continuous provision will link to the topic story. This allows children to get a more immersive leaming experience and supports language development allowing children to grasp a good concept of the story and learn new words. Children will also develop knowledge and understanding of how to care for books the Parts ofthe book- FronVBack cover. Authorllllustrator. Spine. Blurb. Title and develop a love for reading. As part of this planning parents are also provided with opportunities for leaming at home, so children's learning can be continued in the home environment. Staff share their knowledge and explain unfamiliar words and extend vocabulary and ensure children know the meaning of words. In spring 2 half tenn our focus story was 'Harry Saves the Ocean,. The children learnt aboul our natural world and developed an understanding of the need to respect and care for the natural environment and all living things. We adapted our water area to an under the sea scene and placed plastic bottles and wrappers in our sand pil for children to take part in cleaning up the beach. We also took all the children and 1 family member on an educational trip to sea life for the children to have a real-life experience of under the ocean. Unrt 35. The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 12

The Mall Nursery and Creche -1 C)L":- To support the children's learning around caring for living things and the environment we purchased some duck eggs. All the equipment and the eggs were delivered to the nursery. and we had to incubate the eggs until Ihey hatched and then the children and staff cared for them for a week after they had hatched. The ducklings were then collected and returned to the Farm. While they were in the setting the children took responsibility for making sure they had food and fresh water and supported staff to keep their cage (environment} clean and lidy. In small groups supported by a staff member the children were able to handle the ducklings and watch them go for a swim. Unil 35, The Mall LU1 2TVV. Telephone [phone] Registered Charity Number 1031348 Page 13

The Mall Nursery and Cre¢he Unrt 35, The Mall LU12TVV. Tele￿one 01582 458545 Registered Charity Number 1031348 Page 14

The Mall Nursery and Crechè Assessment Assessment plays an important part in helping practitioners to recognise children's progress, understand their needs, and to plan activities and support. Practitioners keep parents informed with their child's progress and address any learning and development needs in partnership with Ihem, and any relevant professionals. Each child's progress is monitored closely, and ongoing assessment is an integral part of our learning and development process. We have had a high volume of children this year that was identified with additional needs and the settings SEN coordinator (Michele Baulcombe) has worked closely with parents, staff and the relevanl outside agencies to ensure Ihat teaching and learning has been shaped for each child that supported them to make steps of progress. Michele has worked tirelessly to provide exciling learning opportunilies for those children identified with additional needs and to complete all the relevant paperwork and assessments to support EHC plans for those children making the transition to school. This year following the learning joumey of our children it has shown that they have developed more social skills, mathematical vocabulary and early writing skills. Growin Health Families As part of our Growing Healthy Families action plan some updates were made to our Food and Drink policy which has now been renamed Health and Wellbeing additional information was added relating to immunisation. As part of the programme children's lunch boxes were audited and it was identified that children were being provided wtth lot of sugary snacks and drinks. Based on this we created an infomation leaflet to provide guidance to parents of what are healthy items and items to avoid. All sugary drinks have been banned from the setting. Staff act as positive role models and are expected to make health choices and meet the Growing Healthy Families standards by attending training focused on nutrition, oral health, and physical activity. We have now completed stage 1, Joining, assessment and planning and stage 2 training and improvements in practice. All staff attended the Growing Healthy Families training on 24th February 2025. This was in tr￿0 parts the morning session focused on food, drink and nutrition and the afternoon session focused on physical activity We are currently at stage 3 the accreditation stage with our accreditation visit book for Thursday 2rKS October 2025. The Growing Healthy Families team is made up of dietitians. nutritionists and health professions who are passionate about promoting healthy lifestyles to children and families and will continue to advise and support the setting even after achieving our accreditation. Unit 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page15

The Mall Nursery and Creche Graduation In July 2024 we held a graduation ceremony for all our children who would be transitioning into Foundation stsge and moving on to big school. All children and their parentsl carers were invited into nursery so we could show case and recognise their children's achievements during their time at nursery and wish them all the best of lud as they moved on to the next stage of their learning. The children were invited on to the stage individually to collect their graduation certificate, with a party and photo opportunities after the ceremony. The children and parents Ihoroughly enjoyed the photo booth. All children were provided with a party bag of goodies when leaving as well done and good luck token from the nursery. ,2024: Unit 35. The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 16

The Mall Nursery and Creche Shara Bari 'Thank u for everything u have done for Jaya! For all the help you have given her by nurturing her in a safe loving Spa￿ The positive impact you have had on her has been amazing to witness. We appreciate your kindness, patience and enthusiasm, shaping Jaya into a kind and confident child who is ready for her next stage of her leaming journey. We trusted you with our daughterfs safety and well-being and YOLJ all delivered beyond Ouf expectations, and we will be forever grateful. You all are amazingl. Jaya has loved her time here and will miss you all very much. Ololade Olatunji 'Thank you for being such a beautiful part of Jayden's first chapterl We will surely miss you. Krupa Dera Pastham "Thank you each and every staff especially all Josh's teachers. Tammy, Michelle, Jennifer for all your great support and helping heart towards my child Josh. We are very happy as a parent's being a part of this nursery. We love you all so much Definitely we gonna miss you all. Josh will come and say hello whenever possible é . Hoping to see you all again soon when l join my little girl into Nursery. Nell Goglshvlll Thank you for this amazing experience. Zalnab Sallsu 'Thank you for being such a great teacher, are so grateful for your guidance and support.. Unrt 35, The Mall LU12TW. Telephone [phone] Registered Charity Nurnber 1031348 Page 17

The Mall Nursery and Creche dayat Mutalru.Ewetade 'A very big thank you to all staff for the wonderful and amazing job done't We will definitely miss coming around... I can't stop referring the Nursery. Just too good t Sruthl Dharanendlran 'My child really loves this Nursery. The staff here take excellent care of children. My child was 2 years old when he joined and he has learned so much from here. Every day the teachers lake an effort to provide feedback about the child's progress and behavior and address if we have some concerns. ￿en he joined, he hardly spoke a few words. Within a few months, I saw a great improvement in his talk, behavior, and mannerssm. Sarah The besl Nursey l ever put my kids into. My kids are so happy there. The staff are amazing. l Can't put anything down about that Nursey. The amountofsupport I got there and still continue I wouldn't be where l am today. thank you to Tammy & Michele & the staff 19 my daughter started here when she was 2 years old! and she absolutely loved it, she still attends in the school holidays sometimes, the staff are amazingl helpful, friendly and i trusted them whole heartedly with the safety of my child, i would highly recommend, and they are a fantastic team x S Awards We want to express our deepest gratitude for the hard work and dedication of the staff this year. We are truly honed to be presented with some awards and sincerely grateful for the recognition. Tammy Treagus was nominated and shortlisted for the Luton Best Awards Community Business Person ofthe Year and was presented with Runner up. Tammy achieved this award as she is enthusiastic. dedicated, inspirational Manager, who has developed the charity and extended the nursery. Tammy is committed to ensuring that every child has the same Chan￿ in life and is the most passionate Designated Safeguarding Lead who is commitment to Ihe children, their families and the wider community and has proved to be a real asset to the nursery. Shanel Walker was nominated and shortlisted for Luton Apprenticeship Awards and was presented with a Highly Commended Innovation and Mentor of the Year Award. Shanel achieved this award for her dedication and time she gives to the individuals Ihat are completing iheir apprenticeship training with us to ensure they are fully supported and guided to complete their work, providing coaching and mentoring to develop knowledge and understanding to keep students on track to achieve their qualification. Due to her dedication and passion for all to achieve we have had a 1000 success pass rale for all those who completed their apprentI￿Ship training at our nursery. Unf(35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 P8ge 18

The Mall Nursery and Crecho We would like to recognise arsd celebrate their achievements and to show that their continuous efforts have not gone unnoticed. Congratulations on your we114eserved success. LUTON APPKIENTICESHIP AWAAP5 20 Innovatlon and Mentor •f th• Yw RvM•r Up "' ol Y• SPJantl Walker Marketin A drfferent form of marketing was tried this year as holiday club numbers remained low. Nursery was marketed to a wider community with the setting sponsoring local children's football clubs. This allowed us to have the nursery logo and name on the front of the club's football kits. Due to holiday club being offered to children up to 7yrs 11m we wanted to reach a target audience for the older children notjust under 5's. P* Ili'li:¥ii{ I.. Unil 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 19

The Mall Nursery and Creche Due lo our lown centre location and non-connection with any specific school, families come to us from across Luton and a few from beyond Luton's borders. See chart below for breakdown. Unrt 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 20

The Mall Nursery and Creche 100 80 60 40 20 LUI LU2 LU3 LU4 LU5 LU6 LU7 Unrt 35. The Mall LU1 2TW. Telephone [phone] Registered Charity Number 1031348 Page 27

The Mall Nursery and Creche Revlew of Tar ets for 2024-2025 To seek information and guidance to change our Ofsted registration lo be registered to take children under 2 Due to the expansion ofthe nursery space, nursery management and the management committee were discussing opening an under 2's room. After careful consideration and the increased dernand for 3+ spaces It was decided to put this on hold for now and to use the additional space as an extension of our 3+ room. The building work is nearly complete in this area and as of September 2025 this additional Spa￿ will be used for 3+ children attending nursery for sessional care 9am -12pm and 12.45pm-3.45pm. To encourage more parents to join our parents committee A welcome pack was formulated for parents willing to join Ihe management committee outlining the roles and responsibilities of the comrnittee and information lo inform them of the suitability checks which will be carried out for them to be approved by Ofsted as a suitable candidate for the role. This paperwork includes the pre-school constitution and the nursery's latest Otsted report. We have found recruiting new members to be challenging and not due to the lack of interest just in Ihe process required by Otsled to have new members approved onto the committee. Parents are required to complete an EY2 form to submit to Otsted, and this ha5 proved to be challenging if a parent does not have a government gateway account sel up. We currently have a parent awaiting confirmation from Ofsted that they have been approved to join the committee team and will continue lo encourage our parents to join the committee. Unil 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 22

The Mall Nursery and Creche Recruitment We successfully recruited new team members this year. We now have another 1-1 support staff member. Due to the increase in those children identified with additional needs this will have a positive impact on practice and outcomes for children. We employed another student to complete their level 2 qualification taking the apprenticeship route. Due to the expanding nursery space, we now have a media and marketing assistsnl who will support in advertising the nursery and provide media update to parents and potential arents. We successfully upskilled our staff members who held a level 2 qualification to complete their level 3 early years educators, qualification and our apprentice achieved her level 2 and will go on to continue her studies to achieve her level 3. Nursery contributed to this training to ensure Ihat the staff members could aC￿sS this training at no cost to them personally. Those staff who required updates to Iheir Safeguarding and First Aid training were successfully booked on and completed that training. All staff also attended food, nutrition, physical activity and oral health training with the Growin Health Families team. Nursery was marketed to a wider communily with us sponsoring local children's football clubs. This allowed us to have the nursery name and number on the front of the club's football kits. This has had a positive impact on increasing occupancy for holiday club with an increase in uptake for children above 5. We continue to monitor and adapt our curriculum planning in line with training and Ltpdates to ensure we are providing learning opportunities in line with current practice and EYFS learning and development requirements. Promote continued Personal, Professional Development. Marketing Promoting cultural capital Unil 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 23

The Mall Nursery and Creche Promoting cultural capital We have now introduced into our curriculum planning activities and experiences linked to a focus story. Planning is differentiated to ensure all children are given access to the same opportunity's regardless of their stage of development. Educational trips were arranged which related to planned curriculum activities. This trip was funded by Nursery lo ensure even our more deprived children were given the opportunity to attend without that additional cost to parents who ma have little or no income. This target was not achieved in 202312024 and work continued to take place into 202412025. We have now achieved this target with units, work surfaces and a fully working sink unit being installed into the empty space which had previously been used for slorage. Having this area will allow staff to prepare foodlsnacks for the children and adds a working Spa￿ for staff to prepare their lunch, heat food and make hot drinks. To install a fully working kitchen Tar ets for 2025-2026 To decorate and equip the additional 3+ space Due lo the demand for 3+ spaces this additional space will be used for 3+ sessional spa￿s. on￿ building work has been completed the room will be painted and decorated and equipped with tables, chairs and the resources needed to set the room up to be a stimulating calming inviting area for children to learn. New resources will need to be purchased, and repeatable companies wi51 be used to ensure Ihe equipment meets the standards required to suit young children's needs. New flooring will be laid to ensure an even Surfa￿ with no tri hazards. Unf135, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 24

The Mall Nursery and Creche Continue with our Eco work and reducing our carbon footprint This is an ongoing target, and we will continue to develop our curriculum by adding green education to our planning. We feel as part of our eco commitment it Is important that children learn the benefils of eco- friendly choices form an early age. We aim to hamess children's passion for the environment to become change makers, driving positive change for the future. We will seek to acquire additional outside space to support this area of work. We will purchase litter picking equipment both adult and child size for children lo take part in litter picking within the local community. We will submit and provide eviden to the Eco School team to achieve our Green Flag Eco School Award. We will also airn to meet the criteria for our local authorities Eco Accreditation Award. Communication and language development underpins all areas of learning and Promoting children's communication and language skills is crucial because it forms the foundation for their overall development, learning, and social- emotional well-being. Training will be sought from an external agency to refresh and develop staffs, knowledge and understanding in this area. Due to the continued increase with occupancy and expanding the spa available to 3+ children we will advertise and recruit new early years practitioners and continue to offer apprenticeship opportunities to ensure adulvchild ratios are maintained. Staff to access training in relation to the stafflchild interactions, communication and language and early literacy. Recruitment Unf(35, The Mall LU12TIN. Telephone [phone] Registered Charity Number 1031348 Page 25

The Mall Nursery and Creche Resources and equipment 47% of our 3+ children and 350/0 of our 2+ children are English as Additional language. Resources and equipment will be purchased to promote the prime areas of learning. Communication and language. Physical, Personal, Social and emotional. More equipmenl will be purchased to promote the diverse community of our service users. The Management team will liaise with staff to be identify what equipment and resources would be best suited to promote the prime areas and to ensure they are age and sta9e appropriate for Ihe age range they are bein brou ht for. Due to recruiting new staff members, team building days and exercises will be arranged to give the staff the opportunity to build better relationships and enhance their team working skills. We will also be rewarding staff who go above and beyond or continue to have 100 0 attendance wilh a small gift of gratitude for their hard work and dedication. This will support with staff retention, physical and mental well- being and give staff the recognition they deserve for their contributions and commitment to the nurse Team building, and Recognition The financial aspect of these targets has been taken into consideration, the expense for the overall cost of marketing and promoting ¢ultural capital, the cost of equipment to resource the new area for 3+ children will be quite significant. Based on this, additional funding will be sought where needed for smaller projects like our Eco work. To ensure that the nursery remains sustainable we will work lowards the targets highlighted above, these will be costly and there is a budget to adhere to. Further developments for the nursery will be detailed during the next financial year. Financial Review Income for the centre during the financial year 2024125 came from the funding of nursery education platss and parent fees. Total income was £664,760 which was a 12 5DA increase over last year mainly because of the increase in available pla￿S following the opening of the additional space in January 2024. Unit 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 26

The Mall Nursery and Creche Fees and grant income are supplemented by support from Luton Point Shopping Centre with their continuing donation and renl reduction of unil 35 and other initiatives or gifts in kind including many items sourced from In Kind Direcl. The added value of donation5. gifts in kind, free or redU￿d cosl support and goodwill from employees at the nursery and others in our community enable us lo provide our users with quality seNices at value for money cost. Our thanks go to all concerned and we could not operate at the same level withoul your ongoing support. Total expenditure for the year was £613,971 which was a 30% increase over last year which included additional costs related to the additional space in terms of extra staff costs, additional rent & service charges, rates and depreciation. The results for the year ended 31 March 2025 are set out in the statement of financial activities on page 29. The position al the end of the period is shown in the balan sheet on page 30. The charity has one major source of income: Government Nursery Grants and one major expense.. Staff wages. Grant income is dependent upon child registrations, and this cannot be determined until the start of each term. However, there is comfort in knowing that there is good demand for places, and the setting currently has lengthy waiting lists for 2+_ and 3+ year-old children. With plans to further develop the nursery there are numerous factors that could potentially affect the future financial performan￿ of the setting. This includes building work that will need to be carried out to ensure the premises is secure and safe for children, staff, and parents to access. Furthermore, now we have consent to trade from the additional space, we will incur several charges such as renl, Setv1￿ charge, increased rates, and any fvrther Maintenan￿ cost. Expanding the setting will also require the hiring of addilional staff to maintain ratios for the increase in children that can be enrolled onto our registers. Moreover, the setting also provides free lunches to vulnerable children who have been identified with child protection or a child in need concerns. To ensure that every child is provided with the same opportunities the nursery also made the decision to cover the cost of educational Irips and a large percentage of the cosl of the end of year trip, asking parents for only a small contribution. This granted 2 seats on the coach as well as access to the venue. Investment policy The Charity holds cash on deposit with Santander. This cash has a maturity date of less than one year. The Charity holds this money for investment purposes rather than to meet short te￿ cash commitments as they fall due. Un(t 35, The Mall LU12TW Telephone [phone] Registered Charity Nurnber 1031348 Page 27

The Mall Nursery and Creche Reserves The trustees aim to maintain free reseNes in unrestricted funds at a level which equates to eight months of total projected charitable expenditure, which is re5etves of £409,314. The trustees agree that this arnount would reflect sufficient time to seek alternative funding should existing funding sources cease, as well as taking account of the increased future lease and other costs resultant from expanding into an adjacent unit. The total held as unrestncted funds as at 31 March 2025 was £621,068. There was £17,050 that can only be released by disposing of fixed assets (excluding the improvements to unit 19 covered by the designated fund), designated funds relating to the future depreciation on the building improvements lo the new unit 19 expansion to be written off over the 5-year term of the lease of £92,026 and restricted funds of £3,578. This results in free reserves of £508,414. This is £99,100 more than the reserves policy however there are additional costs associated with unit 19 operations thal are anti¢ipaled in the coming year. Approved by the trustees on 11 January 2026 and signed on their behalf by: Yvette Watson Chairperson 23J anuary 2026 Unit 35, The Mall LU12TW. Telephone [phone] Registered Charity Number 1031348 Page 28

THK MALLNiYRSIRY ANDCRECllE INDKPENDBNTEXAMINER5 REPORT TO TIIETRusni&lo to thp fact thatth¢cthMtyh&4 pr¢r￿r￿1 the ltnrt￿isWtM¢￿tslI￿ Be4)rd8￿With AetlAthtillg and RyrfingbyCh&rilies rttwingtheir in a¢wrdanee withthe FuJBncial RemnÈ St)Jthrdapp]xbk inthe UKatKI RylAicofirdand IFRS 102) in J¥¢fer¢￿% to￿Ar¢O￿t￿￿￿j Rwtingby Cbgllti￿.' SIBiempntofR￿m￿￿N￿eO Prwx¢¢ i￿L￿1 l Aty112￿5￿knKh is refur￿ toillthc exlan1r¢g￿&tI0ry5bul h8ssllK¢boell wthdyawn. Well￿t￿l￿￿dth1i thi$b*s don¢ in rth (￿th¢aCcOuN￿ to]KovvJu fairvicw in wxiJrdbTKowith Iho ACCe￿edA￿￿tiThBP[￿tK¢t￿e(tLvQ forrwrtin8 wiod% or8fkn l J8Du8ry2015. l l¢ththrm D)pte[]￿ b&Yeeome ¢¥)wj¢ction￿1thth¢eX￿￿lll￿th giving ￿¢￿￿¢ w b¢liovethBt illanynMknEI acwuthiui8r¢&wd$ not kepl inrg5]Kd Trf the chRYityasrcquired tysethm130ofthD Ac¢ or awrATrts thttot ￿￿T0 with those r￿ordS,. ur thEawLxThts donot with thcapplicable tequwon¢rtts ¢orJCernine￿ f¢tm bnd conteDtofa¢cLKmts setoyl uJth8eharitrs Consid￿ed ps pth Of8￿ ithendthllexaDJiDatio hge29

TIIF. MALLNbllSERY AND CRECJIK INDKPENDLNT EXAMJNEBS RKPORT TOTHE I'RUSTEES OF TIIE mALLNuRs￿v￿ryD CRECHE Iujntlnued) I hav¢ and kn￿e LYtheaiYos$ nooth¢r owws in COnDec￿n￿ryib theexamiTJNtiom to whith altuwoosknuid bedr45￿ in ¢hig report inorthrts erobka undWtyr￿hjSOf￿￿￿ntswbe rcacw. RACOXFCA Slmwial t￿ri I41￿waY, TJJioD 11erf￿thhwc IIJ4 8FE Janu8ry2026 PBge 30

TiIK MAJ.I. NIIRSKRY ANDCRECHE AYEMKNY OF ￿NANCIAL AcfivTfJES for Ihe y￿r Enled3J Marth 21bts Ulreitrlcted Total Totsl 2024 FwDds b¥Jm: ])ollatsJ farililics 38.(KlJ 541,474 38,1 467,951 3b 522,121 19J53 OdWtr￿thng￿tiylthS'. Funthws￿8 ve#meDts Charitabk WVititt%' 276 276 375 6,303 Y2.ODB 71W8 72.495 Otsr iDCQrne Toi#l 45,407 19JSJ (A,700 $90,124 Se$$itrh$ Activ￿ 581940 20.924 7339 603,864 10.lQ7 463,612 585,808 28.163 613.971 469,330 5959) (8.8101 12Q794 54&15 (9.936} 9.936 M4)werent 49,663 1.126 50.789 120,794 ortid8: Totsl bro￿1t forKTd 14&15 571,405 2,452 573.857 453.063 Toll f••ds tarrkd fgnTrd 14& 15 3,578 573,857 Thenotr5 fomi panofll*s¢ fjDgneiJl #Jieroell P4e31

THKWILL NLTrSKRY AND CRECA Re8iutertd Nu]•beT 103J34B AJANCE SHEET t31 MNh 2015 Notss TBD8ibk&sBa5 109.076 98295 CIiRRRNf A&IET8: Debt(Ms vestm¢nts 21,641 5,172 52,756 585,912 644, 10 475.IT2 550.124 CREDrroRS.. fRlllnBtho ￿￿thin￿ne JfEr 134,55 I68.￿8} 515,570 475.562 NET￿SEr5 5Y3,857 FUNDS OFTHB CILiRrrY: 14 621.068 571.4D5 RcstriLts] 3.578 1452 TIYfALFUTrJ 624.646 573 857 Apwd ttyth¢Tnksts 8nd outh￿1¥ed liT i%su¢on Inu￿20261lld $jw￿d¢llth￿￿ ￿[ty. Chaitperson JDnuary2026 ge32

THE MALLPIWISKRY ANDCRECHK STATFMF.hT OFCASH FAA>W8 rDrthe YeEr Endtd 31 Mwrtb2025 2024 172,8891 269.686 purch￿ of tatt￿￿1¢ rtxed 145.2981 192.9)61 6.303 86.693 fr￿ ItyvHikn8 #cthlilts Incr￿¢/(d￿tEaScl ￿￿balld whf4uiITknts 1110,1851 182,993 C84) wdwh equ[yE]￿ It bthnir¢ of year 63&&58 455.675 C4Tb •N1 o4ulvak•tsleDd ofyeAr 638. Trnotrs wiof ¢lwe fU￿nCial s￿t￿tRI5 PD8e33

THE MALLNURSIRY ANDCREalE NI)TES I'O'fHE sfATBMENT QFCISHFLOWS brtb¢Y￿r 31 2O2S RECONC1LIATJ(IF4 OFNET INCOMETO NITCASII FLOW FROM OPFAATING ACIIVlnFky )28 N¢twome forthcye Jthie51 weivibje oftsngibk a55cts ncre￿I lthrcose in debtors I￿￿¢1{d￿)In [¥￿￿torS 50.n9 120,794 Ifjy31 9,298 14.4561 150.353 34517 115.769) CASH ANDCASH EQUIVALEN13 Tratn0￿￿tsdL%clOs¢d onth¢ ststemcntofÉYsh Ih)vé$ 1nr¢Bp￿0f ath1 ¢aShWu￿1e1jts aro ni ]Jthw¢ SkdDrnoiJnts.' twnk in hEnd ye5￿C 475.172 53Jll 585.912 52,756 (4¥b ￿ t¥h rylfvA]￿ty of year ANALItsISOFCHAP4GL8 IN YRT FL'F4DS AI JAa4 At 31.&2S awl¢athequivalEnts 63&66¥ 528.4KJ Tht*l 634668 528,483 The nQtes fiffm p&rtofll￿5gf1r￿i￿$t4Itrnthts P8￿34

THE MALL hThEIIY AND CRECH NufESTOTHR TJliANCIAI,$TATRMFNIS f•rlhe YtarFthd 3J 20 ACLI)UNI'ING POLICIES {) knfOrn￿lOty Themall arndcreche isAcherily r¢gisli¥rJ LA F4th#18nd ond Wales (No. 1031348). tkthiLs of the wcgiste4vJoif)t e 8ivcn on thr¢bsriiy inform&ti(m PDseofth¢fmM¢I￿ Thecbllrrtg8QPLation¥4DO pr￿￿c￿￿1 ￿livI￿e￿ e dLwiikyJ Itsthsl'n￿t￿￿,RtyOrL Ibl Bsts oIPny8JXt lil Th¢s¢ flnam￿l siyaemcnts have betrtprtyared M on acCE￿LS ni¢Mic exNdrtwC￿ il is ¢￿d or incwrtd, tather than is received 0[￿￿. lul Thuc haV¢b￿prW￿[¢￿ ina¢wrth¢vMYth Acc{wll￿g¥thd R¢p)rtuigtyCh8rities. St4t¥m¥Mof KiThdcdPrn¢ii¢e 9pp]￿ble lo Ch￿ltieS prepannÈdwir8cwunts ￿ 8CCOTdence wtth iheFir8ncialRewttinBsthttdard appjicabk In the UK 9￿iRty￿b1￿ OfIreJU￿ i5&upd Jn(kwber2019, tbe F￿81￿1￿1Re￿)[tirtEStuttthrd arolKzbk in th UrritCdKlllgdL￿ aNIR£public of Ire￿ThI IFRS IW2X th¢ChaYiuey Au2011 Endi￿ cThJc￿I￿Ac¢¢￿ts￿ Allo￿rAIn8]I￿I￿$ liiil These flljancial FvÈ bttn we￿red to 8ivea PJK4 fai¢vim¥ond havedcpartcd fm th)ritiL% d K4X)MsI Re8ulhtmx￿ XW8only exicJlwuircd to PToTrid¢alrlloa￿ ra￿V￿. njis a￿￿￿￿¢b￿4 imvolv t(llowing Ihe Accounting Re[￿)ng1￿ch￿nIi￿'. Stalell￿ntf RewmMend￿ Practi￿ Hpylii¥bk to ¢harli￿S ID accord￿￿ with Ihe Fillati¢ial Rep)rtinB Slalldard Npplii)bl¥ in kepuiAi¢ofirela￿l i Octoiw2019vAlh¢E th&AccouRtinga￿aR¢PminStyeh&r1tie5.. Sloicnjent orR￿%￿l￿)￿ntsd Pr￿lI(￿e1r￿tsVC from l Awil 2005 which kn. siDLe beeJ>WltlNJraw￿. livl Thechbrity con51rfulcs & publicb￿Cf￿ enlity asdEr1￿ byfRq Its2. Iv) Th￿ f￿a￿l￿1 slalCm¢rti%￿c i>n& goi￿ CQSKn lis w￿¢r￿hLthi1c￿ ¢osic0n￿th1￿. ThEpreS￿r$ th￿￿ncY iqlhePound StoJ1￿ rounded¢o th¢De&Tr￿ £1. It) Goi C•m¢¢Y Th¢Trugkng3Te nol ￿e 0fanymat￿laI w￿￿￿111c5 relaied locYentsvrroDdiiifJns that May cast Bw)ifi¢4ts1douti aboulthB abilityvfth¢ ch&rily to cont?nuB ￿ aBtiingomctm &nd ha￿ a rea5DDabl¢axrW￿1on th&t the d)hTtyh adequale rosouJw 0puoti0n￿ cxi8tgn¢o for thcfteseeabJc fu￿[•. Thw th¢y cl￿rIn￿e * wJoptfr 80￿B 1X)nE￿ Ed%i8ufactsxmiinginprowing fmarKi81 siatenMIts. Id) Fmd Ill Th¢Beller￿ fil￿] con5i%isoffund5 whh lh¢ chllrity mayuse its putyo¥q. Aiits diEcTelioD. lill ThEthS1￿tyd fuftds comprise ￿TeSt[th furtdythat bBenset&5id¢ by Ihg tsustcv ftr ￿ticUl￿[p￿0￿. {iiil Therestr￿￿ funds 8rcthTrse di¥h)T h89 imwd s￿IrK[c$tiIthloNsOjl￿tUgeQ[rUjth whith are Ie831ty bindin8. All Inc4X￿e is i]K]udoJ in SL?w￿￿￿orFJ￿a￿Ci￿7ACl1yIlleS th¢¢hYiiy iseJbtrti￿to1￿C wjwit Canbe re85fflabty quantifKd. Th¢fi>ikn¥ing4)ecifK polKicsareapplicdio ￿lie￿18r(X￿orieS of income.. - IncoD￿ frimn4tO￿l1rA￿5 and kgaci£s ts[e¢e1￿ by Mwyof wts, i￿￿tionS ajxlpfts 8lld is inrlth in lull in thtt st&tan¢ntoffinR￿ial Ad1Vit￿¥ whth rece￿&ble. Grants, wh¢J¢ ¢niilkneM isnDI on ddeliwofa specifK ￿rfU[￿l￿n¢e bytbtLlwity, ￿E1Cco￿lS(x1 when th￿ilY l)ecome8 unwnditlo￿71y￿IIilCd ththe gTpTh. lJKome rtom urants, ￿￿r￿te1atrd ￿perforManCE and 5p¢Fifi¢ delivernbk%, is for8ythc th8rityc4rn5 Ihd ri￿1( iothnsider4tion by its (lovcmrnent8rbnts Ere re¢wisedysingthc￿rfO￿￿￿M￿¢] ar¢ r￿OgniSed In trteome ￿TrihE are re¢¢i%'abl - I￿atr￿Atry*L￿ fwilitiesarc th¢V￿U¢ ￿th¢C￿￿ty th th¥ I￿nefItt& thechErity is [￿S￿)8￿lY q￿￿tIf￿bIe matoul. Ibevalueof5eEVKW wovided by volunk¢t5 hus in the fu￿￿￿51dt¢m¢￿. Pagc3S

IIIF MALL NUR8EkY ANDCRECH NofLS TOTHKFINAYCLdLvfA'fEMEFirs fortbt Yt4t ￿￿ded 31 ￿tr￿ 2023 AceouFifiwpoi,IcIRs It•JWnued) Irp R4Kndllurr i% 111)￿dIothe Frti¢ular¥tivityukn1tr￿￿MT#I4l￿O$refflfytst￿t aclivity. ]IKJKndilur¢ i% reCO￿lEed w]Kn A liabilily is jflcujrgd. Chwilabl¥ Adivitrs 1rdudeex￿li￿C￿Ml1trdW1th dirrA wYice8and mwnbuglup ) Sw>ptsrt e•sts tv>n ca5L4arcts)funrtio￿ assi￿tt￿ wotkof th#¢hYrityb￿ dOJX>tdir￿ Y￿￿k¢a￿￿L9bk Kiiynirs. sup￿rne￿S2rethli￿￿ innde 5. sup￿ cLbsts ateall(K3led lOtIwiiable a(£ivilieson A reasDn3￿¢ and consi51￿ iwi. bR8a4 oll ume Rnd r¥5wr¢espeMon area. ￿$Ll itrjclLthexpu¥Jitttr¢ th¢uyr¢d orth¢¢h￿lty9nd its&4ets kinwlltywKiRl&J Ihl Fjxtd As￿ts lil #recapitaltsd Ifihey can miyrelhan l )tar8nd c4Y3l&t le4LSt £5W. nÈy Èro Y￿￿ed at cost. Iiil I)￿￿¢vatiOn applicdAI the ratas In ordgr to offLsset5 th¢ir liYe5'. Eqyipmtnt 3-4yws strai8hl bD¢ twiq Iding ImrffowDEDts lifr or stroi8hl li￿¢￿%￿¥ (l) InvE5tsH¢DIS Cutrentawi intmenL8&revaluBa 1nwsth￿nI 15 CDsh held om fiKc4 dopo8iioJJ whKh th￿e i4 rrf> cBpiial gThthork)ss Intere31r•xiYaNcith these thwits i8 twniBed inthewiod tothKb ittcW. Fmpjoytts ofthe chathY￿￿1￿ed to JO￿ a defin￿ ¢trMriiwtion Khcm¢..I'h2(knyc(x￿iixthi0n &% restrictrd wtlL¢(ODtiibulioJ¥ydisclosed Inj￿ 6. ReDlab applid)l¢ to okKyati￿ lea5e4 wh￿¢¥ubS￿￿￿￿IY all ofibe i￿￿rits and iisks ofown¢tShipr¢J￿iTr with the k&wr. HtELIMr¥ed ￿t￿S￿￿e￿I vf FIN￿¢11l AdiViUL%on& slTaishl ￿￿0￿1¥￿Ver ￿￿per￿d ottholt Th¢¢barity de¢*d LO uryly th? proviwns ors￿10￿ 11 'BTr5i¢Fll)anti￿ Instnm)￿L9. Section 12.0 FIn￿ciAl In¥ltUfft¢nLS &%ues' ofFRS I()2. iv (￿1. to ofiis instmmoJJts. FI]%￿7￿1 )ng￿rneDts arec]a5sifl￿ aod z<cordingl0th¢5vivt0nee fm4cial ffknnb.￿lJIab￿Ii7BS￿ wvily instrumtyiLS An cquny mitsu￿11 1$ iry e4mts2cI artsitsl intwesl in Ihea55ft5 oftknenliiyafterdeduding￿l thf its liBbilitics. iN4udts trade delAor8and$1atrJDH￿ ate iniually Me￿￿U[cd ￿￿8￿1rd1•n inCl￿th￿R ¢￿s8￿ ar¢5Ulw￿IiY eorricdatamortiwj c￿. PagB 36

THE MAl￿NI3￿$ERV AP4DCkKeHE NOTESTO THK AP4CIALSTAYlhlVNTS rlht Yur Blldtd 31 MRrtb 20ts A(fouNTING POUCIFS(¢•nllnwdJ 111 Flwdal 1•5tTuH￿ts Ba¢ fin0￿1 h•t￿litIcs, ncludBltadecteditoi$, ￿d4￿￿]8￿ inihallyrncaguled Iltr￿K110n pJic4a¥J sutwuentlymw8w¢d¢ismortssed¢4 crftleal AteMDltsg E8tbThle¥xnd trtpplieation of th¢Ch￿l1￿5 acC9￿11r￿ ￿11¢[0% th¢Tw$itt8ue requir￿ tomakc JUdg￿￿ellts, 53umrni(ms thiihcwiDgarnowJrt Dr￿￿￿5 li4biliiies tknt9re t￿1 re&15ty ￿p￿rentfrOM (theTSOUJtt8. 1stimatrsa￿4 ￿8￿ME￿O￿￿are bi¥lly￿bI &well¢¢and oUr fthYsthBtgre(X)n￿K1eI￿d1O be TheB￿rA￿le1 otyj WJdtYtyin8aggllmp￿￿S aferevieweKlon4nowinKiwi3. RM3iOn$wa¢¢wiiu￿t￿iMDles8re re(08n￿￿ in IhB rKri(wJ which th¢¢suma￿ i% rcvised. 1b¢TThsIe￿ dD ￿tca)Si&[th￿tthw¢ ￿e )nyuiwI¢￿Irna￿0r arc45 rfJud8aMthat]￿1O t¢FKougbtto the atteMh)n 0fthere1de￿QÉthe SI￿￿1￿. (•) Fllcllil Useof rATiO[th¢￿￿t8ery1crethOr$a 81Th¢ M811 Lu￿)ll ispiovi(kd freeofrbrytyTJMaU The cquivaknl (bl Grants UDftlrtetr T•t Tofal BLYough Council IiBC) IBc..S￿¢l￿I th￿IN￿aINCed5 GrRnl ISENI IJC..F•rty Y￿8 p￿￿1 Premiurn GroJrtlEYPP) 521.621 521.621 434.ly 2,480 &817 2,￿0 13,413 500 467 the prior)wt iDgome fr(Yn 8t¥nts ¥ws £407,951 ofThthicb £11,297 ath]bJtsbk t0yetsthc￿ £4S6,654 W&%g1trTr1 thb]OiOUDrgslrirkd fwids. Bonk inteT¢51 &OD2 the CUTrcTht4wJ WOTy¢ar#ll attriixtsblelv urJrtitsi¢iL¥J fimds. Pw37

THK MALL KiIRSERY AND CIILCII P40TKSTO THE FINAE4CIALSTAlfMiFrrs rtbt YeAtEdodJl Moyeh 2O1S Cknirlt•bkEIp¢Ndur¢l*tl￿dllg Support C•Jts Tot•1 2fr24 C95ts 2025 SesxN)m A¢iwil 386.233 10.107 217,631 é1)3,864 10,107 463.612 5,718 217.631 613 971 409 Swrt cl￿ AN￿LI C(tsts-w&gu And 5lllari Depr¢ei6lion 98,377 34,517 12.W23 66.561 1.323 91J6B 9,298 7.69D 49,486 1.666 seThicceh8rBE TrainirtE #r￿ fkve]opmenl £28,16312Q24.' £18.ih571 ofthetotal ex￿1th[e0￿ Lhantlb￿1¢￿Vlt1¥ IYZ5 altrib￿a￿e ts>￿tr1d￿rUrth LSE5.808 (2024.. £451263)IYhSthftributhJe to Unre￿iC￿￿ fill￿. 20U Wws aod s8kni Sothl ¢4)Sts Otsr ￿liOn¢(th8 390,475 2L72G 324273 10,563 3,842 41 331678 rmjnthorof pE￿O]Ll empby¥d tytho¢h8ritydut]r￿ the)ThtW&S". 2024 F4r ch￿￿lA¢a￿Vits 18 21 Noemp]0sE¢ rec￿1 [L￿V￿ra110￿ inexL%ssof£6D.O(KII2024'. nctt} PEge38

THE MALLNiWkRY AND CRKCHE 741yfFSTOTHE nNANaALSTATF.MF.T415 rth¢ Yrwr W•131 M8Yth 2025 Trkeynwnwent porsonDBJ ofthecharitycornwire tl* Trusw thNurw ManogcraTrJ Deputy Manw. ThBtotsl anploy¢ettheth ofthtskey mAng8eJnenl pErsomid durim8thpyc￿ ￿£80,267 (2024.. £75.2861. Ne¢ RipoDdlture forthe Y￿r Nelwundittvo 1$ st4ted gft¢r th8rgiDWlcr¢diting).' IndeNthtrtexaminRtpJn Ac¢ountsNy 1.536 2,304 9J98 1358 34J17 No t￿th￿1v￿ tw}UD￿￿tIOnQrW￿5 reirniwtsEd¢xtKn¥eJ th Ih¢Jwuthreviewl2024.. £ndl. TrnglFAe FlA￿A￿ets lrymv¢ments EwlFMnent At l Aprf 2024 185.747 50319 45298 Dig￿LIS M31 M8Ech2D25 Al l Apri12024 Cb8tge forperioth ninAt¢dvn th$pM8Ls .756 41.015 &618 34,517 At 31 Mot<b 2025 122 655 Dook y￿￿E At 31 MaT£b 2025 At 31 MaTth 2024 Pw39

THE MALLNURSERY ANDCRECHE NiJfF3 TO TJIEFLYANCIALSfATKMEFIIS rlhE Vt•r Eida131 MATth2023 20 CAsh onderJsil 53Jll 52.756 202S 1171 19,419 371 12 Crnjltord.. j￿withIn Yttr 2•24 Tr￿(j￿dI1(yg Otlw¢redI￿S A(XTuaLs (kferred inErAJJcI￿bEtO￿I 10 11948 10.937 1,7 16.423 150.847 Brw8hl 139.652 1139,6521 from theproViL￿>fET DE1¢￿￿ in th¥¢￿rr￿1YL 139,652 CoThied forw 139.652 Defml irAuMnp ￿l￿t0 2024 s￿n￿7¢r1¢yM 8fdlliiDC4mK rta¥tdpiorttr31 M8r¢h 2024. sutnllLerte￿j fdl outs¥lo the fiC￿UntiD$FKr￿ I￿￿￿¢theder￿II ofw¥ne. Pase40

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rtke YurEnd￿l 31 2Qts 13 A￿lly ofNd BelwttD FuThd Tdgl F￿r$j assils 1(9,076 l(V,076 5Y>,124 (34,554) 3,518 lthbiliiiey 134,5541 UArr•lTthd Jlufrkd Totsi 2024 Fi¥ryi&w£ts 98395 642.088 1168.9781 91,295 fy14540 1168,9781 1452 CutTentliab1l￿es 573 857 14 U•nstvklEd Fu BAl#¢t 01-Apj￿l4 BlaD 31thr-2S & tra•ittrs fuy 481414 88,991 645.407 (Wi081 112SYiI 1035 J29,042 571405 {9.9361 621.(68 U•nslrKed Ye4T FapEwdltsr¢ Gll1￿ 01-Apr4 31-Mr-24 441059 10. 578,827 {451,2631 187209) 78.591 481414 84991 Design&￿ funds 45 tunds w¢wM&trithlfv￿d5 thDttheTN&tre8are Q¢etOU8e ill awurdance￿th thec1w￿Lbl¢OtYrfts. Th&desi8￿ fund the futWedEpr￿Iati￿nll￿bWb￿ to d￿le&SehOld Un]￿0￿1￿7L%W Ilnit l9to I itttyoJfovertbB sy￿ tenll PDgB41

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