Acorns Childcare (Masham)
Trustees. report and financial statements for
the year ended 31 August 2024
Charity number: 1035056

Acorns Childcare (Masham)
Contents
Page
Legal and administrative inforniation
Trustees report
Independent examiners. report
Statement of financial activities
Balance sheet
Notes to the financial statements
7-10

Acorns Childcare (Masbam)
Legal and administrative information
Charity number
1035056
Registered office
The Old Police House
Little Market Place
Masham, Ripon
North Yorkshire
HG44DY
Trustees
V Broadwith
J Fuller
L Jones
H MetC21fe
S Goodyear
L Riddel
D Sharp
Secretary
V Broadwith
Manager
Mrs V Horspool
Accountants
F E Metcalfe & Co Ltd
4 Old Market Place
Ripon
HG4JEQ

Acorns Childcare (￿laSham}
Keport ot- the'l'i'ustees
for the }iear ended 31 August 2024
The Trustees present their report and the financial statements for the year ended 31 August 2024. The Trustees who
served during the year and up to the date of this report are set out on page l.
Structure, governance and management
The Charity's objects and regulations are regulated by a writlen constitution dated 29 October 2014,
registered number 1035056.
Trustees
The trustees are elected at the AGM. We speak to other parents in the run up to the meeting. One of the
current members agrees to nominate thetn. At the AGM we note who nominated and who seconded the
decision for them to join.
The trustees meet once a month usually on the 2nd Wednesday. howeverourconstitution states we only need
3 meetings a year.
Objectives and activities
The charity's objectives are to enhance the development and education of children primarily under statutory
school age by encouraging parents to understand and provide for the needs of their children thi-ough
community groups and by;
(a)offering appropriate play, education and care facilities, family learning and extended hours gi-oups,
together with the right of parents to take responsibility for and to become involved in the activities of such
gi'oups, ensuring that such groups offer opportunities for all children whatevei- their race, culture, religion,
means or ability,.
(b) encouraging the study of the needs of such children and their families and promoting public intei-est in
and reLognition of such needs in the local areas..
[c) instigatiiig and adhering to and furthering the aims and objects of the early years alliance.
The charity's activities are, in accordance with its objectives, it runs pre-school and holiday clubs as well as
a wraparound care for children at school, give breakfast and afternoon snacks.
In planning the Charity's activities fortheyear the Trustees have paid due regard to the Charity Commission's
guidance on public benefits.
Achievements and performance
During 2023/24 staffing remained consistent. enabling continuity and the team working together successfully.
November saw a visit frorn Ofsted. This was a very positive day, resulting in Acorns being awarded a "Good"
status. Numbers remained high for pre-school. breakfast club and holiday club.
Our mother and toddler group"Little Acorns" saw reduced attendance and increasing costs, as a result the group
was moved into the pre-school room. Staffing concerns and challenging behaviors meant that the gi-oup was
suspended for the late summer term.
Financial review
The statements shows a surplus of £4,245 (2023 - deficit £37). This increased the charity reserves at
the year end to £44,896
Reseives
All charities are recomtnended to have a reserves policy which takes into account immediate operational needs,
has due regard foi- the composition of its asset base and earniarks funds which are necessary to carry out future
plans.
The chai-ity has chosen to hold E25,000 to cover the staff wages aiid running costs for 3 months.

Acorns Childcare (Masham)
Repoi"t of the 'l'i"ustees
for the yeai" ei)ded 31 August 2024
Plans for future periods
The plans for the future are to:
Increase our marketing of Acorns Pre-school (Masham} and Little Acorns. using social media.
Re-introudce"LittIe Acorns" with different staff influence.
Staff Training developed with the use of an online training platform"Noddle Now.
Develop 2year old activities to reflect the younger age range currently on roll.
Continue to develop "Outdoor learing" along the "Forest School Approach" Deputy to attend 3 day training
course and feedback into setting.
Statementof trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Genei'ally
Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the chai-ity and of tlie incoming
resources and application of resources ol. the charity for that year. In preparing these financial statemeiit5 the
Trustees are required to..
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any material
depai-tures disclof ed and explained in the financial stateTnents; and
prepare the financial statements on the going concern basis unless it is inappropriate to pi-esume that the
charity will continue in operation.
Tlie Ti-ustees are responsible for keeping proper accounting records which disclose with i-easonable
accuracy at any time the financial position of the charity and enable them to eiisure that the financial
statements comply with the Chai'ities Act 2011 and the Charity (Accounts and Reports) Regulations 2015.
Tliey are also responsible for safe2uarding the assets of the chai-ity and hence for taking reasonable steps foi-
the prevention and detection of fraud and other irregularities.
On behalf of the board
J Fuller
Chairman of the Board of Trustees
12 November 2024

Acorns Childcare (Masham)
Independent exatniner's rcport to the trustees on the unaudited financial statements of Acorns
Childcare (Masham).
I report on the accounts of Acorns Childcare [Masham) for the year ended 31 August 2024 setout on pages 5 to
io.
Respective responsibilities of Trustees and independent examiner
As the charity's Ti-ustees you are responsible for the preparation ol the accounts, you consider that the audit
requirement of section 144(2] of the Charities Act 2011 (the Act] does not apply and tliat an independent
examination is needed.
It is my responsibility to=
examine the accounts under section 145 of the Art:
to follow the procedures laid down in the General Directions given by the Charity Commission
under section 145(5){b) of the Act- and
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity ComTnission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items 01- disclosui'es in the
accounts, and seeking explanations from you as Trustees concerning any sucli matters. The prucedui'es
Lindertaken do not provide all the evidence that would be required in an audit and consequently no opiiiion
is given as to whether the accounts present a 'true and fair view. and the report is limited to those matters set
out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention=
li) which gives me reasonable cause to believe that in any matei-ial respect the requirements..
to keep proper accounting records in accordance with section 130 of the Act., and
to prepare accounts which accord with the accounting records and to cotnply with the accounting
requirements of the Act have not been met: or
(li) to which, in my opinion. attention should be drawn in order to enable a proper understanding ofthe
accounts to be reached.
vans A.C.A.
Managing Director
F E Metcalfe & Co Ltd
Chartered Accountants
4 Old Market Place
Ripon
North Yorkshire
HG41EQ
12 November 2024

Acorns Childcare (Masham)
Statement of financial actii'ities
For the year ended 31 August 2024
Notes
Unrestricted 2024
funds
Total
2023
Total
Income and Endowments
Charitable activities
Investment income
129.551
129.551
108,783
421
421
220
Total income
129,972
129,972
109,003
Expenditure
Charitable activities
125.727
127.727
119,040
Total expenditure
125,727
125,727
119,040
Net income/(expenditure) for the year
4,245
4,245
(37)
Total funds brought forward
40,651
40,651
40,688
Total funds carried forward
,896
44,896
40,651
Tlie notes on pages 7 to 10 fomi an integral part of the.se fiiiancial stateincnts.

Acorns Childcare {Masham)
Balance sheet
as at 31 August 2024
2024
2023
Notes
Fixed assets
Tangible assets
7,581
10,800
Current assets
Cash at bank and in hand
37.875
29,911
29,911
Creditors: amounts falling
due within one year
(560)
(60)
Netcurrent assets
37,315
29,851
Net assets
44,896
40,651
Funds
Unrestricted income funds
44.896
40,651
Total funds
44,896
40,651
The financial statements were approved by the Trustees on 17th October 2024 and signed on its behalf by
l Fuller
Chairman of the Board of Trustees
Tlie notes 011 pages 7 to l O form an iiitegral part of these financial stateinents.

Acorns Childeare (Masham)
Notes to financial statements
for the vear ended 31 August 2024
General inforniation
Acorns Childcare {MashaTn] is a unincorporated charity registered in England and Wales. The principal
address is The Old Police House. Little Market Place HG4 4DY.
Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied
consistently throughout the year and the precedingyear.
Basis of accounting
The accoiints have been prepared in accordance with the charity's governing document, the Charities
Act 2011 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102}" (as amended for accounting periods commencing from I
January 2019]. The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update
Bulletin I not to prepare a Statement of Cash Flows.
The accounts are prepared in sterlin& which is the functional currenry of the charity.
The accounts have been prepared underthe historical costconvention.The principal accounting policies
adopted are set out below.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled
to the income and the amount can be quantlfied with reasonableaccuracy. The followillgspecific policies
are applied to particular categories of income:
Income from investments is included in the year in which it is receivable.
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VA T
which cannot be fully recovered, and is reported as part olthe expenditure to which it relates.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depi-eciation is pi-ovided at l'ates
calculated to write off the cost less residual value of each asset over its expected useful life, as follows..
Leasehold properties
Plan and machinery
Fixtures and fittings
Impairment of fixed assets
At each reporting end date. the chai-ity reviews the carrying amounts of its tangible assets to detei'mine
whethei- there is any indication that those assets have suffered an impairment loss. If any
such indication exists, the recoverable amount of the asset is estimated in order to determine the extent
ol the impairment loss {if any].
IO% straight line
250/0 reducing balance
IS￿ reducing balance

Acorns Childcare (Masham)
Notes to financial statements
for the year ended 31 August 2024
Charitable activities
Unrestricted
funds
2024
2023
Total
Term fees
Holiday club
Grants and donations
Fund-raising
Milk and I'ood refunds
Uniforms
127,287
527
127,287
527
105,918
988
564
761
332
220
1,387
350
1,387
350
129.551
129,551
J08,783
Investtnentincome
2023
Unrestricted
funds
Total
Bank interest receivable
421
421
220
Charitable activities expenses
Unrestrirted
funds
Restricted
funding
2024
Toal
2023
Total
Wages
Training
Food and drink
Materials and equipment
Premises costs
Insurance
Telekiknone, heat and light
Depreciation & impairment
Unifornis
Professional fees
Accountancy
Sundry expenses
101.545
781
4,380
5,965
1,765
1,367
3,079
3,219
452
630
180
2,364
125,727
101,545
781
4,380
5,965
1,765
1,367
3,079
3,219
452
630
180
2.364
125,727
86,093
665
3,842
3,921
2,417
1,303
3,256
3,364
619
913
384
2,263
109,040

Acorns Childcare (Masham)
Notes to financial statements
for the year ended 31 August 2024
Employees
Employment costs
20Z4
2023
Wages and salaries
Staff training
101,545
781
86,093
665
102,326
86,758
Number of employees
The averaEe monthly numbers of employees (including the trustees) during the year, calculated on
the basis of full time equivalents. was as follows:
2024
Number
2023
Number
Trustees
Staff
15
15
Short Plant and
Leasehold machinery
property
Fixture
and
fittings
Total
Cost
At I September 2023
27,701
10,735
4,022
42,458
At 31 August 2024
27,701
10,735
4,022
42.458
Depreciation
At I September 2023
Charge for the year
18,780
9,063
3,815
31,658
2.770
418
31
3,219
At31 August 2024
21,550
9,481
3,846
34,877
Net book values
At 31 August 2023
1,672
207
8,921
10,800
At 31 August 2024
6,151
1.254
176
7,581

Acorns Childcare (Masham)
Notes to financial statements
for the year ended 31 August 2024
Credxtors: amounts falling due
within one-year
2024
2023
Other taxes and social security
Accruals and deferred income
560
60
560
60
Analysis of netassets between funds
Unrestricted
funds
Total
funds
Fund balances at 31 August 2023 as
represented by..
Tangible fixed
Assets Current
7,581
37,875
(560)
10,800
29,911
60
Liabilities Current
44,896
40,651
Unrestricted funds
At
At
I September Incoming Outgoing
2023 resources resources
31 August
2024
Unrestricted Fund
40.651
129,972 [125,727)
44,896
Purposes of unrestricted funds
The unrestricted fund represents those funds which the Trustees are free to use in accordance
with the charitable objectives.
10