CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From
1st January 2023 To
31st December 2023
Charity name: Kimbolton Nursory Group
Charity registration number:1055842
Objectives and Activities
SORP ref9r8nee
Para 1.17
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.
Statement confirming
whether the triJ%tees have
had regard to the guidance
issued by the Charity
Commission un public
benefit
Para 1.17and
Para 1.18
Additional information (optional)
You ma
choose to inGlude further statements where relevant about"
SORP referen
Para 1_38
Policy on grant maklng
Para 1.38
Policy on social investment
including program related
investment
Parg 1.38
Contribution made by
volunteers
Other
Achievements and Performance
SORP referencc
Summary of the main
achievements of the charity,
iderilifying the difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefilb to society as a
whole.
Para 1.20
Additional information loptional)
You ma
Ghoose to include further statements where relevant about.
Achievements against
objectives set
Para 1.41
Performance of fundraising
activities dgainst objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
other
Financial Review
Review of the charity's
fincifiGial position at the end
of the
eriod
Statement explaining the
policy for holding reserves
stalln
are held
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
concer
P*iJa 1.21
Para 1.22
Pafa 1.22
Para 1.22
Para 1.24
Para 1.23
Additional infomiation (optional)
You ma
choose to include further statements where relevant about.
The charity's prinGipal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment pollcy
adopted
Para 1.4b
A description of the principal
risks facing the charity
P>ra 1.46
Other
Structure, Governance and Management
Description of charity's
trusts..
Type of governing document
Para 1.25
How is the charity
constituted?
Para 1.25
Trustee selection methods
including details of any
constitutional provisioiis 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".
Policies and procedures
adopted for the induction
8nd training of trustees
Para 1.51
The eharity's organisational
structure and any wider
network with which the
Gharity works
Para 1.51
Relationship with any related
parties
Par8 1.51
Other
Reference and Administrative details
Charit
name
Other name the Gharit
uses
Re
istered charit
number
Charity s principal address
4 ao HRb C>A
Names of the charity trustees who manage the charity
Dates acted if not for whole
ear
Ngme of person (or body) entitled
oint
Trustee name
Office (if any)
li
10
12
13
14
15
16
17
18
19
20
Cor
orate trustees - names of the directors at the dale the ie
Director name
ortwasa
rovcd
Name of trustees holding title to property belonging to the Gharity
Date5 acted if not for whole
Trustee name
ear
Funds held as Gustodian trustees on behalf of others
DesGription of the asoets
held in this capacity
Name and objects of the
charity on whose behalf thc
assets are held 2nd how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity's owri
a3sets
Additional information (optional)
Names and addresses of advisers (Optional infonnation)
Type of
Name
Address
adviser
Name of chicf executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of ke
ersonnel details
other o
tional information
DeGlarations
Th@ trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
**REGISTERED CHARITY NUMBER: 1055842**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR KIMBOLTON NURSERY GROUP**
Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
**KIMBOLTON NURSERY GROUP**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1055842
## **Principal address**
St James Nursery Group Kimbolton Leominster HR6 0HQ
## **Trustees**
## **Independent examiner**
Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Trustee
Page 1
**KIMBOLTON NURSERY GROUP**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
81,039
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
2
69,315
Fundraising trading: cost of goods sold and
other costs
3,817
**Governance costs**
1,355
**Other resources expended**
47
**Total resources expended**
74,534
**NET INCOMING RESOURCES**
6,505
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
71,261
**TOTAL FUNDS CARRIED FORWARD**
77,766|**2022**
**Total**
**funds**
**£**
80,159
72,176
6,383
1,360
-
79,919
240
71,021
71,261|
|---|---|
The notes form part of these financial statements
Page 3
## **KIMBOLTON NURSERY GROUP**
## **BALANCE SHEET AT 31 DECEMBER 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**CURRENT ASSETS**
Cash at bank and in hand
78,041
**CREDITORS**
Amounts falling due within one year
5
(275)
**NET CURRENT ASSETS**
77,766
**TOTAL ASSETS LESS CURRENT LIABILITIES**
77,766
**NET ASSETS**
77,766
**FUNDS**
6
Unrestricted funds
77,766
**TOTAL FUNDS**
77,766|**2022**
**Total**
**funds**
**£**
71,511
(250)
71,261
71,261
71,261
71,261
71,261|
|---|---|
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
**KIMBOLTON NURSERY GROUP**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **ACCOUNTING CONVENTION**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **INCOMING RESOURCES**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **RESOURCES EXPENDED**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TAXATION**
The charity is exempt from tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **HIRE PURCHASE AND LEASING COMMITMENTS**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. COSTS OF GENERATING VOLUNTARY INCOME**
|Staff costs
Rent
Insurance
Sundries
Support costs|2023
£
62,783
6,000
379
153
-
69,315|2022
£
69,508
600
455
280
1,333
72,176|
|---|---|---|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Page 5
**KIMBOLTON NURSERY GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
|**4.**|**STAFF COSTS**||||
|---|---|---|---|---|
||||2023|2022|
||||£|£|
||Wages and salaries||62,783|69,508|
||The average monthly number of employees during the year was as follows:||2023
-|2022
-|
||No employees received emoluments in excess of £60,000.||||
|**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||Other creditors||2023
£
275|2022
£
250|
|**6.**|**MOVEMENT IN FUNDS**||||
||**Unrestricted funds**|**At 1.1.23**
**£**|**Net**
**movement in**
**funds**
**£**|**At 31.12.23**
**£**|
||General fund|71,261|6,505|77,766|
||**TOTAL FUNDS**|71,261|6,505|77,766|
||Net movement in funds, included in the above are as follows:||||
||**Unrestricted funds**|**Incoming**
**resources**
**£**|**Resources**
**expended**
**£**|**Movement in**
**funds**
**£**|
||General fund|81,039|(74,534)|6,505|
||**TOTAL FUNDS**|81,039|(74,534)|6,505|
||||||
Page 6
**KIMBOLTON NURSERY GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
## **6. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Comparatives for movement in funds**|||||
|---|---|---|---|---|
|||**Net**|||
|||**movement in**|||
||**At 1.1.22**|**funds**|**At 31.12.22**||
||**£**|**£**||**£**|
|**Unrestricted Funds**|||||
|General fund|71,021|240||71,261|
||||||
|**TOTAL FUNDS**|71,021|240||71,261|
|Comparative net movement in funds, included in the above are as follows:|||||
|**Unrestricted funds**|**Incoming**
**resources**
**£**|**Resources**
**expended**
**£**|**Movement in**
**funds**
**£**||
|General fund|80,159|(79,919)||240|
|**TOTAL FUNDS**|80,159|(79,919)||240|
||||||
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**|**At 1.1.22**
**£**|**Net**
**movement in**
**funds**
**At 31.12.23**
**£**
**£**|
|---|---|---|
|General fund|71,021|6,745
77,766|
|**TOTAL FUNDS**|71,021|6,745
77,766|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**|**Incoming**
**Resources**
**Movement in**
**resources**
**expended**
**funds**
**£**
**£**
**£**|
|---|---|
|General fund|161,198
(154,453)
6,745|
|**TOTAL FUNDS**|161,198
(154,453)
6,745|
Page 7
**KIMBOLTON NURSERY GROUP**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**INCOMING RESOURCES**
**Voluntary income**
Donations
Grants
Fundraising
Parents/guardians contribution
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating voluntary income**
Wages
Rent
Insurance
Sundries
**Fundraising trading: cost of goods sold and other costs**
Materials and equipment
**Governance costs**
Accountancy and bookkeeping
**Support costs**
**Information technology**
Repairs and renewals
**Total resources expended**
**Net income**|2023
£
75
52,936
177
27,851
81,039
81,039
62,783
6,000
379
153
69,315
3,817
1,355
47
74,534
6,505|2022
£
-
58,257
123
21,779
80,159
80,159
69,508
600
455
280
70,843
6,383
1,360
1,333
79,919
240|
|---|---|---|
This page does not form part of the statutory financial statements
Page 8
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIMBOLTON NURSERY GROUP**
I report on the accounts for the year ended 31 December 2023, which are set out on pages three to seven.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. that accounting records were not kept as required by section 130 of the Act; or
2. that the accounts do not accord with those records; or
3. that the accounts do not comply with the accounting requirements of the Act; or
4. that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Michael Cole Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
Date: .............................................
Page 2
**KIMBOLTON NURSERY GROUP**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5 to 7|
|Detailed Statement of Financial Activities|8|