REGISTERED COMPANY NUMBER: CE032952 (EllglAnd alld WAles) REGISTERED CHARfrY NUMBER: 1041661 rtoftheT TAG (Maidstone) Ltd 10 Coverdale Avenue Kent ME15 9DR
School CIO for the Y Report of the Tn I to 3 Indepffldent Examincrfs Report ststement of Financial Activities Balance Sheet 6 to 7 Notes to the Fin8n¢ial Statements to 13 Detailed Statement of Financial Activities 14
School CIO ort of the TnJstee5 for the Year Ended 31 Au 2024 Lenham Nursery sd01 CIO of whom S HebtM)m Esq, Mrs E B Porter. Mrs S Barr. Mrs L Westcott and Mrs C Norey are trustees of the charity, for the purFKw of the Charthes Act 2022. the oundl0n, model constitution and tbe Chwities SORP (FRS 102). Herewitl4 their annual charity rep statanent for the year ended 3 1st August 2024. The tntstees are followin8 the Statemert of liewnmended Pradice: Aeeoutitins And liep)rtin8 by Charitieg (SORP) when preparing the charitys financial statemfflts. This SORP is appltcable to charities that use the Financial Reporting Standard for Smaller Entities (FRSSE) for their aCting Standar&. Th¢ SORP effKtiv¢ of 1st January 2019. Objectives 8nd Aims Ltham Nursery School is a Charitable Incorporated (kganisation 'Foundation' model whose only v(rting members are its charity truste¢s. Every trustee must be appointed by a resolution passed at a propcrly convened meeting of the charity trustees. It aims to provide high quality prfrsdKM)l edu(ion in a safe ¢nviTonment for children below the rAJmpulsory age. Parental involvement is encouraged. Pollcles to further our objectlves In order to ensure that the aims of the Nurs Sch1 are me( wlicies have been develoFtd and are available to pants and prospective parents covering: admi&s1o behaviour managemenL child protection. complaints. confidentiality. dieL ¢qual opportunities. health and hygien@ parrntsl involvemen( s&fety, settlin8 -ify equipment selections. special n¢¢ds, sthfflng and cmployment. These are re8ularly review to ensure that thy me¢t th¢ #andards of current 'best practice,. There hav¢ bn material chan8e5 to thc policies since the l&st r¢Jx>rt to maintwn l¢g3slation with regards to child protection and wellbeing. The manager liaises ¢loscly with the l(Hl Health Visitor. the Prtrschwl Lurnin8 Alliance an in appropriate cases, representatives from Social Services. All staff are actively enwura8al to gain additional qualifications. Deserlpllon of our organlsadon The Nursery School is managed in a twfrtier SIn. l. A management mMite wnsisting of all t meets approxim¢ly every months. The Manager and the Finance manager attend these meth8s in an advisory capcity. A pmt rqxesenlalive is also invit&l to attend. The - Reviews the financial wisition. and - Considers wglicy andlor i)ther recommended by the Sd1 Man88ement Team or required by outside bodies. 2. A School Management Te8m e4)nsi&ing of the Nyyw School many, FinanLY ManDger and tkputy are responsible for daY-t(Y nll)ning of the schLK)l. A Inth is ajways available to the SMT in event of an urgent problem arising. A trustee is nominated the'norni person, as Tcquird by Ofsted Regulations. A trustee is rcSFonsible for maintaining a morrthly wrrtart with the S[ and for the MaInanCe of accounting record banking of rec¢Apts and assisting the manager in resolving minor problems. Significant Actlvities Our main activity has always to SUFVOrt Child through their early yearfs education. Encourage them to learn through play and build on the are&8 that parents Icarers may need guidance and SUPPOTL We support sch(x)I readi. Working in parthership with Primary SclKMils. In July we welLX)med teachets to come and visit their new cohorL SeptemlKr 2023 we changol our Openi tAm¢s frrmn 8JOam.3.30pm to 8atn to 5.30pm to accommodat¢ working Page I
Sch1 ort of the TrStee5 r the Year Ended 31 Au 2024 General Pn>gre&s During the years, we have worke41 with our families and th¢ community rnising fimds to equip our outdoor and indoor provision. Fundraisin& donations and voluntary contributions continues to replac¢ worn r¢sources. activities and CrtiVe materialg any gurplug ig regtricted to replace the new grttficiAI graog gnd fence. Early Yeats Pupil Premium this yw h&8 sea) only 8 childrn aLYessiDg IL This year. the support from the System Leadenhip FUlS from their L¥)Ilaboration h&s supported the following children's ¢xperiences. From external agencies, Syst¢rn l£adeTthp Funds have SUPFK)rtcd the followin. . The Purch of hatching ducklings - The purch of hatching caterpilla . The purch of gdmeg and iM)oks to support the aiK>ve exTwienL - The purch of thc cnd of year external ¢xperien¢e party. . The purchas¢ of pottery snails and LT&IS, SUPkKKting and their further developmeDL &8 gifts for the children leaving us this academic year. . Th¢ purchase ofNcth¢ Now an online ttaining package to support Staff CPD. We are still adively pursuing (xpttai fia]ng for our new nurs. We have fundrwsl with the help and support from the LLnham Parish, l(xal businesses and itKlividuais from our cornm1ty. The amounts received for this purposes have been restricted in a separate bank a¢¢ounL All staff have taken their qualifications online to SUPEKKt their prof1onal dclOpMent in th¢ir r¢S)nSIbl11ties. Fitst Ai& Food Hygi¢. Health 8TrJ Safety. Fire Safety and Child Protection. We have one member of staff that has achieved her Level 3 Years Foundation De8 and asK)thff Imlfway through hff Ltv¢l 2. DBS certificates are monitored regularly through suwvision Par¢llts continue to b¢ involved in their thildren's (XTC and edu¢ation through the onlin¢ platforni Tapesty. Input ofvolunteers gnd donatfioDs in kind The Charity has set up face kn face eva)ts with the help of the tnL¥te&% and volunteers and a¢¢eptal donations in kn Public Benefit In planning our activities th¢ trSteeS keep in mind the Charity c{110n guidance on public FnefiL Review of finances The accounts show an ov¢rall SpIuS for the year of £21,044 which compares to a surplus of Q392 in the previous Future plans Nursery is Continuing to wotk towards implementtng Ofsled recA)mmendation5 to improve children's undSt]ding of the imFK)rtanc£ of healthy eating and strgthCn the surwt for staff to keep their interactions with children meaningfill so that learning is always purposeful ar matched to what children need to learn nexL Lenham nursery is continuing to sutv)rt the 30 hours fre¢ thildcare. This will be revtewed yearly w suii businw neeth. Lenham nursery will Work with IA)hani Prirn Sch(K)I to make progress to (¥Mnplete the replacement of the outside surface to maintain safety, with the help of the COMMlty through the fundraisiD& This year the replacement of toy& purchasing of craft and malleable matrrials aryl have been purchased throu voluntary contributions. Christsnas / Birth(liy gits, tablcts and card readcr n1 have purthased using fund ratsing fimds. We are ¢ontinuing to update all affs fiTSt aid training thild prOttion in Iine with new legislatio
School CIO ort of the Trste¢S for the Year Ended 31 Au 2024 STRUCTURE, GOVERNANCE AND MANAGEMElYf Governing document The charity is ntrolled by its governing <kJcument Foundation model, the Cl]8rities Act 2011 and the Charities SORP (FRS 102). Risk management The trustees have a duty to identify and VieW the risks to which the Chty is exposed and to ensure appropriate controls are in place lo provide re&8onable assurance against fraud and error. REblRENCE AND ADMINISTRATIVE DETAILS Registered Company number CE032952 (England and Wales) Registered Charity number 1041661 Registered office Lenharn Primary School Ham Lane Letdwn Maidstone Kent ME17 2LL Trustees S Hebborn E B Porter mrssLBr Mrs C Norey Mrs L Westcott Independent ETaminer Colin Gough TAG (Maidstone) Ltd 10 Coverdale Avenue Maidstone K¢nt ME15 9DR Approved by order of the board 0ftr on ....... . and signed on its behalf by: Tru5tec Pagc 3
Inde ndent Examin Lenlwn Nurse SdN)ol CIO rttotheT IDdependent examinePs report to the tr[ of l*JJham Nursery Sch1 CIO Cthe Company,) I report to the charity trustees on nly examIon ofthe aLXX)unts of the CoMFY for the year ended 31 Ai]gust 2024. Responsibilihes and basis of report As the charity's trSteeS of the Company (and its dir¢Lkn for the purpo of company law) you ar¢ r¢sponsible fo the preparntion of the accounts in a4)rd with the requIremts of the Companies Act 2006 (kne 2006 ACV). Having Satisfi myself that the aCCA)U of the Company aEt not reqa to be audited undtr Part 16 of th¢ 2006 Art and aTC eligible for Independe examinatio I repK)rt ID r&spect of my examination of your charity's accounts as carried out under S¢ctton 145 of the CharÉties Act 2011 Cthe 2011 Ad). In carrying out my examinatton I have followed the Directions given by the Charity Conunissi(m under 10ft 145(5) (b) of the 2011 ACL Independent examiner's statement I have completed my exami0 I confllm that no have come to my att&rtion in Ix)nnection with the examIOn giving m¢ to believe: accountlng records were Th)t in respect ofthe C(xnpany as required by Section 386 of the 2(K16 ACL or the ac¢ounts do nirt accord with those records. or the accounts do not c£)mpty with the accountll requirerncnts of Sectton 396 of the 21K16 Art other than requirement that the a(tOU give a true and fair view which is TK)t a matter consided as part of an independent the ac¢ounts have not been prepared in accord with the methods aDd prlnciples of the Statement of Recommended practi for accounting and rqx)rting by tharities (applicable to ¢lwities pryaring their accounts in accordance with the Financial Rwting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns have come acnm no other matteT5 in connection with the examition to Nvhich attention sliould be drawn in this report in order to enable a prow understanding of the accounts to be reach. Colin Gough TAG (Maidstone) tAd 10 Coverdale Avenu¢ Maidstone Kent ME15 9DR Date: ... Page 4
School CIO sts of Financial ActivÉiies for the Year Ended 31 A ust 2024 31.8.24 Totsl fimds 31.8.23 Totsl fld8 Donations and le8%ies 1,500 Charitable activities Provide Pre-school education 167,650 3589 171239 I17,5 Other trading activities Investment inGom¢ 2J80 132 6,889 9,269 132 9,294 139 Total 170.162 10.478 180.640 128.838 EXPEIYDrruRE ON CharitAble activities Provide Pre-sch1 education 157.499 159,596 126,446 ET INCOME 11663 8J81 21,044 2,392 RECONCILIATION OF FUNDS Total fijnds brought forward 25,529 19505 45,034 41642 38.192 27.886 66,078 45.034 The not¢s forn) part of tha5e financial
LeDham N Sth(K)i 'stagJ number. CE032952 Balance Shed 31A st 2024 31.824 31.8.23 Total nds FIXED ASSETS Tangible assets 561 561 661 (812) 39,650 (812) 67,536 2,454 49,668 C&sh at bank and in hand 27,886 3&838 27,886 66.724 52.122 CREDTTORS Amounts falling due within one year io (1202) (1202) (7,744) 37,636 27.886 65,522 44.378 TOTAL ASSEIS LESS CURRENT LIABILITIES 38,197 27,886 66.083 45,039 Amounts falling due aftu more than one year li (5) (5) (5) NET ASSETS 38,192 27,886 66,078 45,034 12 38.192 27.886 25,529 19,505 Restrided funds 66,078 45,034 The ¢haritable Company is entitled to exemption from audit under Section 477 of thc Comparri¢s Act 2(K16 for the year ended 31 August 2024. Th¢ members have not required the cLKnpaay to obtsin an audit of its fll)an statemcnts for th¢ year ended 31 August 2024 in aOrdanCe with SeLtion 476 ofthe Compnies Act 21J)6. The trL acknowledge their rnSIbilitieS for (a) ensuring that the charitable company kws aC£¥mMti redS that mplY with Sections 386 and 387 of th¢ Companies Act 2006 and preparing fitwicial statements which give a true and fair view of the state of affairs of the chaTitable company as at the end of each financial year and of its surplus or deficit for each financial yeaT in accordance with the requiretnents of Section8 394 and 395 and which othffwise compty with the requirements of the Companies Act 2006 relatingto financial Statem so far as applicable to the charitable company. (b) The notes fonn part of these financial statements ontinued...
Lenlwn Nurs School CIO ' tered number: CE032952 Balance Sheet - continued 31A t 2024 These fu1¢1a1 siatements have been prepared in accordance with the provisioos applicable to charitable companies subject to the sn)all companies regime. The fal21 statements w¢re approv¢d by the Board of Tn]stees and authorised for issue . and were signed on its bebalf by: on EBPorter- SLBarr.Tn The not¢s fomi part of th¢s¢ fitwicial stalcmcnts Page 7
t th Financialstatem for the Year Ended 31 A 2024 ACCOUNTING POUCtEs B4sis ofpreparlng the financial statements The financial thtements of the charitable company, which is a public befit entity under FRS 102, have been prepar&1 in aOrdancE with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statem¢nt of Ilecomded Prnetiee appli¢Able to eharities prwing their acc4wnts in ac&)Tdance with the Financial Rewrting Standard applicable in the UK and Republic of Irelatml (FRS 102) (effective l January 2019),. Financial Rerting Standard 102 The Financial Rw)rting Standard applicable in the UK and Republic of Ireland, and the Conw1 ALt 2(106. The financial sta*Mts have prepared unde¥ the historical ¢0 conventioTL Income All income is recognised in the Statement of Financial Actlvities once the charity has entitlement to the fund4 it is pr()bable that the income will be received and the amount can be measurd reliably. Expenditsre Liabilities arc recognised as expenditure as soon as thcrc is a Icgal or LX11V¢ obligation (]mAtt]ng the charity to that cxpenditurc, it is probable that a transfcr of economic benefits will be required in settlement 8nd the amount of the obligation can be measured liablY. Expcnditurc is accountal for on an ac¢nwls basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to pgrtieular headings they have been allocated to aclivities on a basis consistent with the use of Tanglble flxed assets tkpreciation is provided at the followin8 annual rates in order to write off each asset over its estimated use1 life. Plant and machinery Computer equipment 15% on r&lucing balance 15Yo on reducing balance T4x8tion The charity is exempt from COrp10n t&x on its th8rxtsble v&tivities. Fund accouDting Unrestricted funds can be us&4 in a(thCe with the charitable ObJ1V¢S at the discr&ion of the tnLStees. iLtal fimds can only be us&1 for particular restricted purp)se5 Within the objects of the ¢harity. Restrictions arise when specifi¢d by the donor or when fimds raised for Wicular restricted purpjses. Further explanation of the nature and purpm of each is InG1ed in thc notes to thc financial ¥tatem¢nts. Hire purchase leasing comrnitments Rentals paid under owating le&8es are Charg to the Statanent of Financi8] Activities on A strai8ht line basis over the period of the lease. Pension costs And other P-retirement benefits The charitable company op¢ratGs a defined contribution pslon scheme. Contributions payable to the chariL2ble company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued...
School Cto Notes to the Financial Statements. for the Year Ended 31 Au 2024 nlin 31.824 31.8.23 Fundraising events Other incom¢ 5,889 3,380 8,026 1,268 9269 9.294 31.8.24 31.8.23 132 139 ET INCOMEIIEXPEIYDfTURE) Net InMe1(eXpendIlUr¢) is statuj after char8InW(creditin. 31.8.24 31.8.23 Depreciation- owied assets Other operatin8 le&ses 116 4,124 4.819 TRUSTEES, REMUNERATION AND BENEFITS Thuc wer¢ no truste¢s' r¢munernli(x) or other bfflefits for the ye4r ended 3) August 2024 nor for the year ¢ndp 31 August 2023. Trnstees, expenses Ther¢ were no tnBteu' expens paid for the year cndcd 31 Au8llSt 2024 nor for thc year cnded 31 August 2023. 31.824 31.8.23 Wages and salaries Other pension rosts 134.206 2531 109.248 1.785 136,737 111.033 Thtte were also staff training cfjsts Incur in 2024 of £1251 (2023 £581). The average monthly rAumt¢r of ¢mploye45 during the year w&8 &s follows: 31.8.24 31.8.23 Nursery staff No employxs Tlved OlUMertts in excess of £&).CW. continu...
School Cl Notes to the Financial Statemen for the Yegr Ended 31 Au 2024 funds INCOME AYJ D ENDOWME3 FROM Donations and le8a¢L 1500 1,500 Charitsble attiwities Provid¢ Pre-school education 117.555 350 I17.5 Other trading activities Invcstmcnt income 9,294 139 139 Total 119.194 128.838 EXPEIYDrruRE ON Charitable activlties Provide PrtrS¢hool edueation 124,086 2J60 126,446 NET INCOMEI(EXPENDITURE) (4,892) 7284 2.392 RECONCILIATION OF FUNDS Total funds brought forward 30,421 11221 42,642 TOTAL FUNDS CARRIED FORWARD 25,529 19,505 45,034 TAIYGIBLE FIXED ASSETS Plant and machinery Computcr equipment Totals COST At I September 2023 and 31 August 2024 9,956 242 10,198 DEPRECIATION At I slemb¢r 2023 Charge ftjr year 93 9,537 100 77 At 31 August 2024 9521 9,637 ET BOOK VALUE At 31 August 2024 435 126 561 At 31 Augiist 2023 512 149 661 Pagc io contiDued...
School CIO Notes to the Financial Statements- continued for the Year En(led 31 Au ust 2024 DEBTORS: AMOi]Nrs FALLING DUE WTTHIN ONE YEAR 31.8.24 31.8.23 Trade debtors Pr¢paym¢nts (1.218) 1.578 876 (812) 2,454 10. CREDITORS: AMOUNTS FALLINC DUE wrrHlly ONE YEAR 31.824 31.8.23 1202 7,744 ii. 31.8.24 31.8.23 OtheT creditors 12. MOVEMENT IN FUNDS Net movement in fimds At 31.8.24 At 1.923 Unrestricted funds Generdl fund 25.529 11663 38.192 Restrfeted fund$ Restricted Funds 19JOS 8,381 27,886 45,034 21,044 66,078 Net movement in fimds, included in the akKive are as follows: Incomin8 Mov¢m¢nt in fundy Unrestrieted funds General fijnd 170,162 (157.499) 12.663 Restrict fund$ Re5trict¢d Fund8 10.478 (2,097) 8,381 TOTAL FUIYDS 180,640 (159,596) 21,044 Pageii continued...
Notrg to the Financial Ststements- cDntinuoJ for the Year Ended 31 A ust 2024 Comparatives for movement in fonds Nct mov¢m¢nt At 31.8.23 At 1.922 in fidS Unrogtricted funds General fund 30.421 (4.892) 25.529 Restricted fuDds Restricted Funds 11221 7284 19,505 41642 2,392 45.034 Comparatkve net movemart in fund4 included in the alx>ve are as follows: expend in funds Unrestricted funds Genernl fund 119.194 {124,086) (4.892) Restricted funds Restrithd Funds (2J60) 7,284 TOTAL FUNDS 128.838 (126.446) 2.392 A currentyear 12 months and year 12 months combined position is aq follows: Net movement in funds At 31.8.24 At 1.9.22 unrtgtr funds General fimd 30,421 7.771 38,192 Restricted fvnds Restricted Funds 12221 15,665 27,886 TOTAL FUNDS 41642 23.436 66,078 Page 12 Continued...
Lenham N hool CIO Notes to the Financial Ststements- continued e Year Ended 31 A 2024 12. A current year 12 m(Jrths and prior year 12 months combined n& movement in fimds, included in the above are as follows: Unrestrieted follds General fund 289J56 (281585) 7.771 Restricted funds Restri¢*d Funds 20,122 (4,457) 15,665 TOTAL FUNDS 309.478 (286.042) 23,436 13. RELATED PARTY DISCILXSURFS There were no related tr8nsactioN8 for the year ev 31 AugiLSt2024. 14L INDEPENDENT EXAMINERS FEES Th¢ indwdart ¢xaminffs for the year wtte £864 (2023 £864). Pa8¢ 13
Detsiled Statement of Financial Activities for the Year Ended 31 Au 2024 31.8.24 31.8.23 Donations and legaeies Grants 1.500 Oth¢r dIllg aeti*ldes Fundraising events Other income 5.889 3,380 8.026 1268 9269 9294 IDvestokellt income Deposit account itrterest 132 139 Charitable activities Charitsble activities inc4)me 171239 I17,)5 Total inMIng resourees 180,640 128,838 Support costs Management Wages Staff cost. pension Other op¢rnting leases Registration & ftts Staff training Insurance Utilities Advertising & telephone Consumable & sundries Clwling Refuse Rat&s rr Costs Bad Debts Mryitten off Fixtures and fittings Computer equipment 134206 2531 4,819 395 1.251 842 1,621 359 10,279 lJ64 76 109248 1,785 4,124 684 581 617 (61) 265 6,677 1.089 71 281 69 810 77 22 26 158,652 125.546 anc¢ Bank charges 80 60 Governanee costs Accountancy and legal fres 840 Total resour¢¢s expended 159596 126,446 Net income 21,044 2,392 Page 14