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 CoMpan￿S 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 p￿paratIOn 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 CoMpan￿S 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,
Sunbu￿0n-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¢knO￿edge 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 e8￿Mated 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).