Registered number 2843233 Happy Nest Nursery (Company Limited by Guarantee) Report and Accounts 31-Mar-24 BSO-Fintax LTD Spelthorne Business Hub, 33 Hanworth Road, Sunbury-On-Thames, England TW16 5DA
Happy Nast Nursery Report and Flnancial Statements Contents The Trustees. present thelr report and accounts for the year Bnded 31 March 2024 Pagfr Officers and Advisors Trustees, report Accountant8, report Summary Income and Expendlture Account Statement of Flnanci81 Activites Balance sheet Notes to the accounts
Happy Nest Nursery Dlrectors, Officers and Advisors Members of the Board of Trustees Slbel Gul Ahmet G8nc Secretary Mehtap Yllmaz Han Accountants BSO-Fintax LTD Sp8lthorne Business Hub. 33 Hanworth Road, Sunbury-On-Thames, England TW16 5DA Roglstered offlc• Fellows Court Family Centre Weymouth Terrace London E2 8LR Weymouth Terrace London Reglstered number 2843233 Reg18ter•d a8 Charfty No 1057415 Bank Natlonal Westmlnster 8ank PIC 198 Stoke Newlngton High Street London N6 7GA
Happy Nest Nursery Trustees Report The trustees pres8nl their report and accounls for the year ended 31 March 2024. Prlnclpal acllvltles The CoMpanS principal activity during the year was lo provide nurs8ry facililies lo the local community. Trustsos The Trustees who served during the year were as follows: 2024 Sibul Gul Ahmet G8nc 2023 Sibul Gul Ahmet Genc Rosponslbllltlas of Trustees The Trustees are responslble for the pparatIOn of the accounts for each financial year which give a tru8 and fair view of the charilvs financial activities during the year and of its flnancial positlon at the end of the year. In preparing the accounts the Trustees are required lo.. - Select sultsble accounting policie8 and apply them consistently, Make judgements and estlmates which are reasonable and prudent" - State whether applicable accountlng standards and statements of recommended practice have been followed, subject to any departures dlsclosed and explained in the accounts. - Pr6P8re the a¢UnIS on the going concern basis unless it is inapproprlate to prasum8 that th8 charity will contlnue in operalion. The Trustees are responsible for keeping proper accounting records whlch disclo88 with reasonable accuracy at any lime the flnanclal position of th8 charity and to enable them to ensur8 thal the accounts comply with the Charities Act 2011. They are responsible for safegu8rding the assets of Ihe Charity and hence for taking reasonable steps foT Ihe preventlon and detenllon of fraud and olher IrregularitSe8. Small Company Spoclal Provlslon8 This Report has been prepared in accordance with th8 speclal provlslons of Part 15 of the Companles Act 2006 relallng to small companias 13 Dec Th18 r•port wa8 approvod by tho board on ....................-.....2024. si nè on behalf of thè board of Tru8t•os AGen Trustee
Happy Nesl Nursery Independont Examln6rs' Report The Trustees, present their report on accounts for the Year Ended 31 March 2024. Independent Examlners. Report to the Members on the unaudltsd accounts of Happy Nest Nursery We report on the accounts for the year ended 31 March 2024. Respectlve responsibllltles of Truslees and Examlner A8 described on p898 2, the CoMpanS Trustees are responsib18 for th& preparation of the accounts. It Is our responsibility to carry out procedures deslgned to enable us to report our oplnlon. Basls of Independent Examlner's Roport Our 8xamination was carried out in accordance wllh the gen8ral directions glv8n by the Charity Commission and so our examination procedures consisted of comparing the accounts with the accounting recorijs kept by the Trust and maklng Ilmlted enqulrles of the Officiers of Ihe Trust as we con8ideTed necessary for the purposes of thls report. BSO-Fintax LTD Spelthorne Business Hub, 33 Hanworth Road, Sunbu0n-Tharnes, England TW16 5DA 13Dec ..2024
Happy Nest Nursery Summary Income and Expendlture Account for the year ended 31 March 2024 2024 2023 Income 349,785 261.525 Less: Expendlture 318,344 321,404 Net Surplus l (Daflclt) for The Year 31,441 59.879
Happy N8St Nursery statement of Finan¢lal Activites for the Year Ended 31 March 2024 Notes 2024 2023 Incoming Resources Voluntary Sources: Restricted Funds Grants Unrestricted Funds Grants Donations and sundry recelpts PPA Interest Incom8 Olher Income Total Receipts 15.7(Kl 15,700 77.565 244.948 57,886 206.714 (21,098) 1,823 500 261,525 10.958 614 349,785 Resour¢o8 Exponded Costs of generating funds: Costs of generating voluntary Income: Publlclty & Advertls8menl Indirect costs 71.796 70,120 71,796 70,120 Charitable activltes EquSpment, Food & drlnks Capital Expendlture Other dlreGt costs Indlrect costs 25,412 36,729 4,767 141,592 140,239 171,771 176,968 Governance Costs 74,778 74,316 74.778 74,316 Total Resources Expended 318.344 321,404 Net Outgolng Resources Total funds brought foThvard Total funds carrled forward 31,441 552,480 583,921 59,879 612,359 552.480
Happy Nest Nursèry Balance Sheet as at 31 March 2024 The Trustees, present their report and accounts for the Year Ended 31 March 2024 Notes 2024 2023 Tangible Fixed Assets Equipment 1.367 13,965 Current assets Debtors Cash al bank and In hand 8.071 591.951 601.389 4,046 557,170 575,181 Credltors: amounts falllng duo wlthln one yoar (17,468) (22.701) Net current assets 583,921 552,480 Net assets 583,921 552,480 Repfesenled by: Tru6t Funds 10 583,921 552,480 583,921 552,480 The directors are satisfied that the company is entiued to exemptlon from the requirement to obtaln an 8udlt under section 477 of the Companies Act 2006. Tha members hav6 not raquired Ihe company to obtain an audlt In accordance with section 476 of Ihe Act. The directors a¢knOedge their responsibilities for complw'ng wlth thè requirements of tha Companies AGI 2006 with respect to accounting records and Ihe preparatlon of The accounts hav8 b88n prepared In accordance with the provislons in Part 15 of the companies Act 2006 applicab16 to companies subject lo the small Companies reglm Genc Trustee 13Dec Approved bythe board on........................ 2024
Happy Nest Nursery Notes to the Accounts for th8 year onded 31 March 2024 1 Accounting pollcl88 a) The accounts have been prepared under the historical cost convention and In accordance with FRS 102, The Financial Reporting Stsndard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). b) Depreclatlon Depreciatlon has been provided at the following rate inorder to write off the assets over their estlmated useful Ilves. Property, Plant and Equipment 25Vo Slraight line method c) Certain expendlture is directly attrfbutable to specific aclivites arKI has been Included in those cost categorles. Cartain overhead èxpenditurès (as shown In note 5) has b98n apporlioned on th8 basis of the e8Mated tlme spent by the 8taff on the thr8e maln actlvlles of the charftable company. 2 C08t8 of generatlng Funds Indirect costs (note 5) 2024 2023 70,120 70,120 71,796 3 Charltable Actlvltles Equipments, toys & books Nursery food and drlnks Other direct costs 10,834 14,578 4,767 141.592 171,771 9,993 26,736 Indif8Ct costs (note 5) 140,239 176,968 4 Govornan¢e Gosts Accountancy Indir8Ct cosls (nole 5) 2,982 71,796 74.778 4,198 70,120 74.316
Happy Nest Nursery Notes to the Accounts for the yoar ended 31 March 2024 5 Indlrect costs Costs of Generatlng Charitsble Governance Funds Actlvltes Costs Total 2024 Total 2023 Staff costs (not8 6) Printlng & Stationary & Post Telephone & Fax Cleanlng Llght & Heat Rates 62.644 125,289 62,644 250,577 244,147 386 771 386 1,542 648 2.169 4,755 759 2,595 966 2,672 3,705 538 162 324 1.085 2,378 380 162 542 542 1,189 190 3.150 1,962 92 1.189 190 Depreciatlon Rent Bank charges Repalrs & Maintanance 6,299 3,924 3,150 1,962 92 12,598 7,848 368 12,598 7,848 373 213 491 269 425 213 850 378 Insuranc8 491 269 1,965 1,077 1,387 595 1,935 1,006 738 253 Subscrlptions PEST Control Professional Fee Sundry 539 347 694 298 347 149 149 10 71.796 10 71.796 19 143,592 38 287,176 728 280,479 6 Slaff costs 2024 2023 Wag8s and salaries Employers NIC Pen81on 237.732 6,100 4,314 222,783 15,934 3,918 Staff training & welfare 250,577 244,147 7 Debtors 2024 2023 AccTued IncomelExpense 8,071 8,071 4.046 4,046
Happy Nest Nursery Notes to the Account5 for the year ended 31 March 2024 8 Tanglble fixed assets Cost At 1st April 2023 Addltions At 31 st March 2024 PPE 42,768 7.622 50,390 Depreclatlon At 1st April 2023 Charge for the year At 31 st March 2024 23,827 12,598 36.425 Not book valu• At 31 st March 2024 1,367 13,965 At 1st Aprll 2023 g Cradltors: amounts falllng due wathln on• y•ar Trade Credltors Accruals other Creditors 2024 2,023 11,420 6,048 17,468 15,600 7,101 22,701 10 Trust Funds At 1 Aprll Retainad Profit 552,480 31,441 612,359 (59,879) At 31 March 583,921 552,480 11 Avaragg number of Employees The average number of employees durlng the year was 16 (2023 - 11).