Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Registered number 2843233 Happy Nest Nursery {Company Limited by Guarantee) Report and Accounts 31-Mar-23 Cooper Parry Advlsory Limited Sky View Argosy Road East Midlands Airport Castle Donington, Derby United Kingdom DE74 2SA Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Report and Financial Statements Contents The Trustees. present their report and accounts for the yea¥ ended 31 March 2023 Page Officers and Advisors Trustees, report Accountants, report Summary Income and Expenditure Account stalement of Financial Activites Balance sheet Notes to the accounls Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Directors, Officer5 and Advisors Members of the Board of Trustees Sibel Gul Ahmet Genc Secretary Mehtap Yilmaz Han Accountants Cooper Parry Advisory Limited Sky View Argosy Road East Midlands Airport Castle Donington Derby United Kingdom DE74 2SA Registered offlce Fellows Court Family Centre Weymouth Terrace London E2 8LR Registered number 2843233 Registered as Charity No 1057415 Bank National Westminster Bank PIC 198 Stoke Newington High Street London N6 7GA Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Trustees. Report The Trustees, present their report and accoun15 for the year euded 31 March 2023. Principal activities The Company's principal acb'vily during the year was lo provide nursery facilities lo the local community. Trust995 The Truslees who served during the year were as follows.. 2023 Sibel Gul Ahmet Genc 2022 Sib81 Gul Ahmet Gen¢ Responsibilities of Trustees The Trustees are responsible for the preparalK)n of the accounts for each financial year which give a true and falr view of the charity's financial activities during the year and of Fts financial positDn al the end of the year. In preparing the accounts the Truslees are required to.. Select suitable accounting polocies arKI apply Ihem consistently., Make judgements and estimates which are reasonabEe and prudent- Stale whether applicable accounting standards and slalemenls of recommended praolice have been followed, subject lo any departures disclosed and explained in the accounts., Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charÈty will continue in operalion. The Trustees are responsible for keeping proper aocounling records wh￿h disclose with reasonable ac¢ura¢y al any lime the financial position of the charity and lo enable them lo ensure that the accounls Comp￿ with the Charities Act 2011. They are responsible for safeguarding the assels of the Charity and hence for taking reasonable steps for the prevention and detenlK)n of fraud and other irregularÈties. Small Company Special Provlslons This Report has been prepared in accordance with the special provisions of Parl 15 of the Companies Act 2006 relating lo small companies This report was approved by the board on . 22 Decetnber ..2023. Signe on behalf of the board of Trustees A Genc Tru5t•O Docusign Envelope ID: EAE746F7-B388-4DA2-8C86-48D0063C9FF9 ## **Happy Nest Nursery** ## **Independent Examiners' Report** The Trustees' present their report an accounts for the Year Ended 31 March 2023. ## **Independent Examiners' Report to the Members on the unaudited accounts of Happy Nest Nursery** We report on the accounts for the[y] ear ended 31 March 2023. ## **Respective responsibilities of Trustees and Examiner** As described on page 2, the Compan[y] 's Trustees are responsible for the preparation of the accounts. It is our responsibili[ty ] to carry out[p] rocedures designed to enable us to report our opinion. ## **Basis of Independent Examiner's Report** Our examination was carried out in accordance with the general directions given by the Charity Commission and so our examination[p] rocedures consisted of comparing the accounts with the accounting records kept by the Trust and making limited en[q] uiries of the Officiers of the Trust as we considered necessary for the purposes of this report. Cooper Parry Advisory Limited Sky View Argosy Road East Midlands Airport Castle Donington, Derby United Kingdom DE74 2SA _________________ Asif Ahmed 06 December 2024 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Summary Income and Expenditure Account for the Year Ended 31 March 2023 2023 2022 Income 261,525 257,693 Less.. Expenditure 321,404 286.735 Net Surplus l (Deficit) for The Year 59,879 129,043 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Staternent of Financial Activites for the Year Ended 31 March 2023 otes 2023 2022 Incoming Resources Voluntary sou￿es.. Restricted Funds Grants Unrestricted Funds Grants Donations and sundry receipts PPA 15,700 i 17,143 57,886 i 206,714 j 21,098 1,823 500 261,525 52,198 188,352 Interest Income Other Income Total Receipts 257,693 Resources Expended Costs of generating funds.. Costs of generating voluntary income.. Publicity & Adverlisemenl Indirect costs 70,120 65,523 70,120 65,523 Charitable aclwiles Equipment, Food & drinks Capital Expenditure Other direct costs Indirect costs 36,729 20,046 140,239 176,968 i 131,047 151,093 Governance Costs 74,316 70,119 74,316 70,119 Total Resources Expended 321,404 286,735 Net Outgoing Resources Total funds brought forward Total funds carried fotward 59,879 612,359 552,480 29,043 641,402 612,359 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Balance Sheet as at31st March 2023 The Truslees, present their report and accounts forthe Year Ended 31 March 2023 Notes 2023 2022 Tangible Flxed Assets Equipment 13,965 18,941 Current assets Debtors Cash at bank and in hand 4.046 j 557,170 575.181 31,707 572,321 622,968 Creditors: amounts falling due ' within one year 22,701 10,609 Net Current Assets 552,480 612,359 Net Assets 552,480 612,359 Represented by; Trust Funds 552,480 612,359 552,480 612,359 The Directors are satisfied Ihatthe company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that member have note required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and Ihe preparation of Accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the companies Act 2006 applicable to companies subject to the small companies regime. A Genc Trustee 22 December Approved by the board on ........................ ..2023 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 Happy Nest Nursery Notes to the Accounts for the Year Ended 31 March 2023 1 Accounting policies al The accounts have been prepared under the historical ost convention and in accordance with Ihe micro-enlity provisions. b) Depreciation Depreciation has been provided at the following rate in order lo write off the assets over their estimated useful lives. Property, Plant and Equipment 25 % Straight line method c) Certain expenditure is directly attributable to specific activiles and has been included in those cosl categories. Certain overhead expenditures las shown in note 5} has been apportioned on the basis ofthe estimated time spent by the staff on the three main activites of the charitable company. 2 Costs of generatlng funds 2023 2022 Indirect costs (note 5) 70.120 70,120 65,523 65,523 3 Charitable Activites Equipments, toys & books Nursery food and drinks Other direct costs Indirect costs (note 5) 9,993 26,736 7,159 12,888 140,239 176,968 131,047 151,093 4 Governance costs Accountancy Indirect costs (note 5} 4,196 70,120 74,316 4,595 65,523 70,119 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 5 Indirect costs Costs of Generatlng CharltabSe Govgrnancg Funds Actlvltles Costs Total 2023 Totsl 2022 Staff cosls (note 6) Printing & Stationary & Post Telephone & Fax Light & Heat Rates Depreciation Rent Cleaning Bank charges Repairs & Mainlanance, Insurance Subscriptions IT & Sofhmare PEST Control Professional Fee Sundry 61.037 122,074 61,037 244,147 ' 230.080. 649 241 926 134 3,149 1,962 668 93 94 484 252 1,298 483 1,853 269 6,299 3,924 1,336 187 188 968 503 649 241 926 134 3,149 1,962 668 93 94 484 252 2,595 966 3,705 5681 12,598 i 10,6921 7,848 i 7,1941 2,672 j 6801 373 376 1,935 1,006 184 369 63 127 182 364 70,120 140,239 184 738 i 63 2531 182 728 i 5771 70,120 280,479 262,094 6 Staff costs 2023 2022 Wages and salaries Employers NIC Pension Slaff trairTring & welfare 222,783 204,752 15,934 13,902 3,918 1,512 11,426 244,147 230,080 7 Debtors 2023 2022 Accrued IncomelExpense 4,046 31,707 4,046 31,707 Docusign EnvelopÈ ID". EAE746F7-B3884D}￿-Bc8648DOo63c9FF9 8 Tangible fixed assets PPE Cost At 1stApril 2022 Additions At 31 st March 2023 42,768 7,622 50,390 Depreciation Al 1 st April 2022 Charge for the year At 31 st March 2023 23,827 12,598 36,425 Net book value At 31 st March 2023 At 1stApril 2022 13,965 18,941 9 Creditors.. amounts falling due within one year 2023 2022 Trade Creditors Accruals Other Creditors 2,355 1,457 15,600 7,101 22,701 3,812 10 Trust Funds 2023 2022 Al l April Retained Profit 612,359 641,402 159.8791 {29,043) At 31 March 552,480 612,359 11 Average number of Employees The average number of employees during the year was 11 (2022 - 11).