2024-08-31-accounts

"ngsland Nursery Group Charity Number 1044713 Trustees, Annual Report Year Ending 31st August 2024 Kingsland Nursery Group is a pre-school providing term-time provision for children under 4 years old. Our aim is to provide a child friendly environment that is safe. caring and stimulating for all of the children in our care. We aim to enhance the development and education of our chIld￿n through play and creativity. The attached accounts show a true and fair view of the financial perfomance of Kingsland Nursery Group. Our expenditure has remained stsble, with an increase to our income resulting in a profit that will enable us to update resources over the coming year. The committee will continue to closely monitor income aThJ eXp￿lture and promote good practice. Signed... ..Ret￿ca Morgan Edwards, Chairperson

Profit and Loss

Kingsland Pre-School

For the year ended 31 August 2024

Profit and Loss Kingsland Pre-School For the year ended 31 August 2024
	2024	2023
Turnover
HCC - Funding	60,112.14	38,886.70
Nursery Fees	12,812.50	12,012.50
Trip Income	204.00	-
Total Turnover	73,128.64	50,899.20
Cost of Sales
Arts, Crafts & Activities	147.73	331.89
Direct Wages	44,358.54	44,853.05
Fundraising Costs	71.87	256.84
Milk, Refreshments & Lunch	654.99	661.05
Total Cost of Sales	45,233.13	46,102.83
Gross Profit	27,895.51	4,796.37
Administrative Costs
Audit & Accountancy fees	20.00	70.00
Insurance	433.51	406.55
IT Software and Consumables	816.56	705.46
Large items	-	490.78
Membership & Subscriptions (inc DBS)	921.88	654.24
Ofsted	50.00	50.00
Outdoor play area development and maintenance	1,701.00	216.00
Pensions Costs	522.41	433.40
Printing, Postage & Stationery	227.02	240.50
Rent	8,250.00	8,049.00
Staff Training	204.00	203.24
Sundry Expenses	976.30	1,261.46
Telephone & Internet	588.00	625.80
Toys and resources	242.42	642.19
Trips and entertainment	182.00	(63.40)
Total Administrative Costs	15,135.10	13,985.22
Operating Profit	12,760.41	(9,188.85)
Other Income
Fundraising	2,484.45	2,113.00
Interest Income	344.47	211.19
Nursery Milk Scheme	167.50	134.50
Other Revenue	-	1,273.50
Total Other Income	2,996.42	3,732.19

Profit and Loss Kingsland Pre-School 19 Feb 2026

Page 1 of 2

Profit and Loss

	2024	2023
Profit on Ordinary Activities Before Taxation	15,756.83	(5,456.66)
Profit after Taxation	15,756.83	(5,456.66)

Profit and Loss Kingsland Pre-School

19 Feb 2026 Page 2 of 2

Balance Sheet

Kingsland Pre-School As at 31 August 2024

Balance Sheet Kingsland Pre-School As at 31 August 2024	Balance Sheet Kingsland Pre-School As at 31 August 2024
31 AUG 2024
Current Assets
	Cash at bank and in hand
	Business Reserve 23,943.49
	Kingsland Nursery Group 27,478.39
	Total Cash at bank and in hand 51,421.88
	Accounts Receivable 898.58
Total Current Assets 52,320.46 Creditors: amounts falling due withinone year
Accounts Payable 23.25
Accruals 80.00
PAYE Payable 519.06
Pensions Payable 350.49
Total Creditors: amounts falling due within one year 972.80
Net Current Assets (Liabilities) 51,347.66
Total Assets less Current Liabilities 51,347.66
Net Assets 51,347.66 Capital and Reserves
Current Year Earnings 15,756.83
Retained Earnings 35,590.83
Total Capital and Reserves 51,347.66

19 Feb 2026 Page 1 of 1

Balance Sheet Kingsland Pre-School

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the trustees Charity Name ~~a yslano! Nursery (70 Dp~~ On accounts for the year Charity no ended (if any) / EIA IAL LO Zl ~~|~~ (Ott PIA, Set out on pages (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

• Please delete the words in the brackets if they do not apply. Signed: Date: ~~CMW Goz/Zh~~ Name: Relevant professional qualification(s) or body ACCA

Oct 2018

1

IER

(if any):

Address:

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER