i CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1st April 2023 to 31st March 2024 Charity name: Little Saints Nursery Charity registration number: 1045329 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its overnin document Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 NURSERY PROVIDING PRE-SCHOOL EDUCATION FOR CHILDREN BETl+VEEN THE AGES OF 2 AND 5. PROVISION OF CORE NURSERY HOURS FOR PRE SCHOOL CHILDREN, TH THE AIM OF ENHANCING THEIR DEVELOPMENT AND EDUCATION. BREAKFAST CLUB AND AFTER SCHOOL CLUB FOR PRE SCHOOL AND PRIMARY SCHOOL CHILDREN. PL4CES AVAILABLE FOR CHILDREN THROUGHOUT SHEFFIELD. TRUSTEES HAVE GUIDANCE FROM THE FOLLOWING POLICIES. CODE OF CONDUCT ROLE DESCRIPTIONS ACCEPTABLE ICT USE POLICY SAFEGUARDING POLICY PaTa1.17and 1.79 Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.18 Additional information (optional) You ma choose to include further statements where relevant about.. SORP reference NOT RELEVANT Para 1.38 Policy on grant making NOT RELEVANT Para 1.38 Policy on social investment including program related investment COMMirrEE MEMBERS HAVE CONTINUED TO PROVIDE AN INVALUABLE CONTRIBUTION TO THE RUNNING OF THE NURSERY REMOTELY AND THROUGH REGULAR MEETINGS. Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP relerence TO ENHANCE THE DEVELOPMENT AND EDUCATION OF PRE SCHOOL CHILDREN Summary of the main achievements of the charity, identifying the difference the charity s work has made to the circumStan￿S of its beneficiaries and any wider benefits to society as a whole. P8r4 1.20 (A) OFFERING APPROPRIATE PLAY. EDUCATION AND THE RIGHT OF PARENTSICARERS TO BECOME COMMITTEE MEMBERS INVOLVED IN THE RUNNING OF THE NURSERY. ENSURING THAT OPPORTUNITIES ARE PROVIDED FOR ALL CHILDREN IAHATEVER THEIR RACE. CULTURE, RELIGION, MEANS OR ABILITY; (B) INSTIGATING AND ADHERING TO AND FURTHERING THE AIMS AND OBJECTIVES OF THE PRESCHOOL LEARNING ALLIANCE. PROVIDING PRE SCHOOL EDUCATION TO CHILDREN FROM ALL AREAS OF SHEFFIELD AND ACCEPTING THOSE CHILDREN WHO QUALIFY FOR THE WORKING PARENT ENTITLEMENT FUNDING. SUPPORTING AND PROVIDING LEARNING AND DEVELOPMENT OPPORTUNITIES FOR CHILDREN VIHO QUALIFY FOR THE 2 YEAR FEL FUNDING. Additional infomation (optional) You ma choose to include further statements where relevant about.. 850A OF NURSERY PLACES TAKEN. Achievements against objectives set Para 1.41 NO FUNDRAISING OBJECTIVES SET. Performance of fundraising activities against objectives set P8ra 1.41 NOT RELEVANT. Para 1.41 Investment performance against objectives Other Financial Review Review of the charrty s financial position at the end of the period Pafa 1.21 THE NURSERY HAS HAD ANOTHER STRONG FINANCIAL YEAR DESPITE SHOWING AN IN YEAR OVERSPEND. THIS IS PURELY DOWN TO THE NURSERY AND THE COMMITTEE VOTING TO UTILISE PRIOR YEAR PROFITS TO FUND IMPROVEMENTS TO THE FACILITIES (INCLUDING A NEW OUTDOOR PLAY AREA) EXCLUDING THESE IMPROVEMENT COSTS WOULD SHOW ANOTHER PROFITABLE YEAR. FUNDS HAVE BEEN RETAINED IN A SAVINGS ACCOUNT TO COVER REDUNDANCY PAYMENTS FOR ALL STAFF AND OUTSTANDING BILLS IN THE EVENT OF NURSERY CLOSURE, RENT INCREASES AND OUTDOOR IMPROVEMENTS TO THE SETING. £50000 NOT APPLICABLE Statement explaining the policy for holding reserves stating why they are held Pora 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1 22 Para 1.22 Para 1.24 NOT APPLICABLE Para 1.23 AN ONGOING SSSUE OF REPLACING TRUSTEES APPROXIMATELY EVERY 2 YEARS AS CHILDREN A￿ENDING NURSERY MOVE TO SCHOOL AND PARENTSICARERS, CIRCUMSTANCES CHANGE. Additional infomiation (optional) You ma choose to include further statements where relevant about.. THE PRINCIPAL SOURCE OF FUNDS ARE VIA FUNDED EARLY LEARNING (Government funded childcare for all 3 and 4 year olds and eligible 2 year olds) THIS INCLUDES 15 HOURS FREE EARLY LEARNING FUNDING AND 30 HOURS EXTENDED FREE ENTITLEMENT HOURS ALL FUNDS ARE HELD IN A CHARITABLE BANK ACCOUNT WITH AN ORGANISATION WHICH HAS A SOCIAL CONSCIENCE. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 SEE COMMENTS RE ELECTING NEW TRUSTEES. A description of the principal risks facing the charity Para 1.46 Other Structure, Governance and Management Description of charity s trusts.. Type of goveming document Pai8 1.25 CONSTITUTION How is the charity constituted? Para 1 25 THROUGH THE PRE SCHOOL LEARNING ALLIANCE AND AT THE AGM. INE FOLLOW THE EARLY YEARS PRESCHOOL CONSTITUION 2011 TRUSTEES ARE ELECTED AT THE AGM. THEY ARE NOMINATED BY ONE COMMirrEE MEMBER AND SECONDED BY ANOTHER, IN LINE VfflTH THE CONSTITUTION. Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Additional information (optional) You ma choose to include further statements where relevant about" BEFORE NEW TRUSTEES ARE ELECTED, THEY ARE DBS AND SUITABLITY CHECKED TO BE , ASSESSED IF THEY ARE DEEMED APPROPRIATE FOR THE ROLE. ONCE DBS CLEARED THEY CAN BE ELECTED AND NEED TO COMPLETE LEVEL 3 SAFEGUARDING CHILDREN BEFORE BEING INVOLVED IN ANY SAFEGUARDING ISSUES DISCUSSED IN COMMirrEE MEETINGS. Policies and procedures adopted for the induction and training of trustees Para 1.51 ALL COMMITTEE MEMBERS HAVE ACCESS TO THE NECESSARY POLICIES AND PROCEDURES. The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name LirrLE SAINTS NURSERY Other name the chari uses Re istered charit number Charity's principal address 1045329 THE SCHOOL HOUSE, HILLFOOT ROAD, SHEFFIELD, S17 4AP. Names of the charity trustees who manage the charity Dates acted If not for whole ear Tru8tee name orrice (if any) Name of person lor body) entitled toa oint twstee ifan Little Saints Nursery Committee Little Saints Nursery Committee Rebecca Stringer Chairlsecretary Adam Tankard Clare Felton Treasurer Little Saints Nursery Committee Joanna Cunliffe Little Saints Nursery Committee Kirsten Davis Until 1811112024 Little Saints Nursery Committee Rebecca Burton Little Saints Nursery Committee Briony Tristram Until 1811112024 Little Saints Nursery Committee Little Saints Nursery Committee Cherry Moger 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re ortwasa roved Director name Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole Funds held as custodian trustees on behalf of others Description of the assets held in this capacrty Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional infomiation loptional) Names and addresses of advisers (Optional inforniation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional infomiation) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full namels) Position (eg Secretary, Chair, etc) ECCA C¥FAI IÉ cL￿e rLL T cts) Date Little Saints Nursery Financial Statements Y/E 31/03/2024 Little Saints Nursery Little Saints Nursery Accountants Report on the Unaudited Accounts Little Saints Nursery- You have approved the accounts for the year ended 3110312024 which are made up of Income and Expenditure Account and the related notes. In accordance with your instructions we have compiled these unaudited accounts and carried out an independent examination from the accounting records and information and explanations supplied to us. Clearview Ck)ud Accounting Ltd Chartered Certified Accountants IIB Sheffield Design Studio 40 Ball Street Sheffield S3 8DB 1510712024 Little Saints Nursery Income and Expenditure Account for year ended 311031202 2023124 2022123 Income Nursery Grant Nursery Fees Nursery Vouchers Fund Raising Donations £87,488 £44.431 £24,144 £0 £0 £88.397 £26.076 £30,362 £4 £0 Total Income £156,063 £144,839 enditure Wages & Salaries Equipment Rent, Rates, Utilities & Insurance Repairs & Maintenance Subscriptions Waste DisF)osal Staff Exps Milk. food & drink Training IT Support & Printer Post Legal and Professional Bank Charges Sundries Advertising Total Expenditure £132,607 £111,187 £18,017 £9,564 £13,155 £11,042 £439 £836 £2,048 £0 £578 £1,025 £4,107 £0 £810 £183 £0 £0 £1,471 £597 £1.788 £0 £1,206 £944 £2,944 £0 £0 £182 £278 £0 £173,805 £141.202 Surplus/Defecit -£17,742 £3.637 enin Bank Total Opening Bank & Cash £129.741 £129.741 Income Expenditure £156,063 -£113,605 Closing Position Per Statements £111,999 £111,999 Differen -£0 Little Saints Nursery Approval Statement l approve these accounts which comprise the Income and Expenditure Account and the related notes. l acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis, and for providing all the information and explanations necessary for their compilation. Chair Treasurer Accounts Manager Income & Costs Fee income has continued to increase this financial year as nursery is now operating at capacity, and nursery fees have been slightly increased. Salary costs increased due to a staff annual pay rise. and expensive supply staff costs paid due to staff illness and staff leaving. Equipment costs significantly increased to cover the planned improvement of the outdoor provision for children. The rent charged by school has also continued to increase, and this has had an impact, particularly alongside an increase in utility bill5. Comments After overcoming staffing challenges, and a rise in the cost of living, nursery has had another strong financial year in difficult times. and has used the profit made in previous years to significantly improve the outdoor provision for children. Although this has resulted in a loss for this financial year, we still hold a large reserve fund and a healthy bank balance. Nursery is full to capacity, mainly due to 'word of mouth, recommendations. We continue to accept children who qualify for the 30 hour EFE grant, which helps our local community. and provides us with an income stream. We are fortunate to have retained some excellent and long-serving staff, who are rewarded appropriately and undertake regular training, to maintain their knowledge and skills. Ultimately. we will strive to follow the aims of our Constitution by enhancing the development and education of the children in our care, whilst fulfilling our financial responsibilities. Little Saints Nursery Financial Statements Y/E 31/03/2024 Little Saints Nursery Little Saints Nursery Accountants Report on the Unaudited Accounts Little Saints Nursery- You have approved the accounts for the year ended 3110312024 which are made up of Income and Expenditure Account and the related notes. In accordance with your instructions we have compiled these unaudited accounts and carried out an independent examination from the accounting records and information and explanations supplied to us. Clearview Ck)ud Accounting Ltd Chartered Certified Accountants IIB Sheffield Design Studio 40 Ball Street Sheffield S3 8DB 1510712024 Little Saints Nursery Income and Expenditure Account for year ended 311031202 2023124 2022123 Income Nursery Grant Nursery Fees Nursery Vouchers Fund Raising Donations £87,488 £44.431 £24,144 £0 £0 £88.397 £26.076 £30,362 £4 £0 Total Income £156,063 £144,839 enditure Wages & Salaries Equipment Rent, Rates, Utilities & Insurance Repairs & Maintenance Subscriptions Waste DisF)osal Staff Exps Milk. food & drink Training IT Support & Printer Post Legal and Professional Bank Charges Sundries Advertising Total Expenditure £132,607 £111,187 £18,017 £9,564 £13,155 £11,042 £439 £836 £2,048 £0 £578 £1,025 £4,107 £0 £810 £183 £0 £0 £1,471 £597 £1.788 £0 £1,206 £944 £2,944 £0 £0 £182 £278 £0 £173,805 £141.202 Surplus/Defecit -£17,742 £3.637 enin Bank Total Opening Bank & Cash £129.741 £129.741 Income Expenditure £156,063 -£113,605 Closing Position Per Statements £111,999 £111,999 Differen -£0 Little Saints Nursery Approval Statement l approve these accounts which comprise the Income and Expenditure Account and the related notes. l acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis, and for providing all the information and explanations necessary for their compilation. Chair Treasurer Accounts Manager Income & Costs Fee income has continued to increase this financial year as nursery is now operating at capacity, and nursery fees have been slightly increased. Salary costs increased due to a staff annual pay rise. and expensive supply staff costs paid due to staff illness and staff leaving. Equipment costs significantly increased to cover the planned improvement of the outdoor provision for children. The rent charged by school has also continued to increase, and this has had an impact, particularly alongside an increase in utility bill5. Comments After overcoming staffing challenges, and a rise in the cost of living, nursery has had another strong financial year in difficult times. and has used the profit made in previous years to significantly improve the outdoor provision for children. Although this has resulted in a loss for this financial year, we still hold a large reserve fund and a healthy bank balance. Nursery is full to capacity, mainly due to 'word of mouth, recommendations. We continue to accept children who qualify for the 30 hour EFE grant, which helps our local community. and provides us with an income stream. We are fortunate to have retained some excellent and long-serving staff, who are rewarded appropriately and undertake regular training, to maintain their knowledge and skills. Ultimately. we will strive to follow the aims of our Constitution by enhancing the development and education of the children in our care, whilst fulfilling our financial responsibilities.