Registered number 2843233 Happy Nest Nursery (Company Limited by Guarantee) Reports and Accounts 31-Mar-25 BSO-Fintax LTD Spelthorne Business Hub, 33 Hanworth Road, Sunbury-On-Thames, England TW16 5DA
Happy Nest Nursery Report and Flnancial Statements Contents The TN8tees' present th81r rnport and accounts for the year ended 31 March 2025 Page Officers and Advisors Trust8es' report Accountants, report Summary Income and Expenditure Account Balance sheet Notas to the accounts 6-8
Happy Nest Nursery Dlrectors, Officers and Advlsors Members of tho Board of Trustees Sib81 Gul Ahmet Genc Secretary M8hlap Yilmaz Han A¢countantS BSO-Fintax LTD Spellhorne Business Hub. 33 Hanworth Road, Sunbury-On-Thames. England TW16 5DA R8gl$tored offlce Fellow5 Court Famlly Centre Weymouth Terrace London E2 8LR Weymouth Terrace London Reglstorad number 2843233 Reglstered a8 Charlty No 1057415 Bank National Westmlnsler Bank PIC 198 Stoke Newington High Street London N6 7GA
Happy Nest Nursery Trustees Report The trustees present their report and accounts for the year ended 31 March 2025. Prlncipal activitles The CompanVs principal activity during fhe y62r was to provide nurs8ry facilitl8S to th8 ID¢al community. Trusto•8 Tha Trust88s who served durlng th8 year wara as follows: 2025 Sib81 Gul Ahm8t Genc 2024 Sibel Gul Ahmèt G6 Rosponslbllltlos of TrustOO8 Tha Trustees are responslble for the preparallon of the accounts for each flnanclal year which give a true and fair view of the charrvs financial activities during the year and of its flnanclal posltlon at Iha end of the ar. In prèparlng the accounts the TnJ8le8s are requlred lo: Select sultable accountSng pdicles and apply them consistenttr, . Mak8 judgements and esllm81es which are reasonabla and pr18n1. State whether applicable accounting standards and stslements of recommended practlce have been followed. subject lo any departures dlsclosed and explalned In tha accounts., Prepare the accounts on the golng concern basis unless It ts Inapproprlate lo presume that the charity will continue in operation. Th8 Trustees are responslble for keeping proper accounting records whlch dlsclose with reasonable accuracy at any tlme the flnanclal posltlon of the charlty and lo enable them to ensure that th8 accounts comply wilh Ihe Charilies Acl 2011. They are responsible for 88feguarding the assets of the Charily and hence for taking reasonable steps for the pr8V8nlion and detention of fraud and other irregularili8S. Small Company Speclal Provlslons This Report has been prepared in accordance with the special provlslons of Part 15 of Ihe Companies Act 2006 relating to sm811 companies Thls report wa3 approved by the board on .........-.... . . A G8n¢ Trustee .-2025.
Happy Nest Nursery Independent Examiners. Report The Trustees, pre5enl Iheir report on accounts for the Yèar Ended 31 March 2025. Independent Examln•rs' Report to the M8mboYs on the unaudited accounts of Happy Nest Nursery We report on the accounts for th8 year ended 31 March 2025. Respoctlve rèsponsiblllties of Trustee6 and Examinar A6 descrlb6d on page 2. the Companvs Truste8s are r8sponsibl8 for thè preparation of the 8ccounts. It is our r6sponsibilily to carry out procedures designed to enable us lo raport our qyinlon. Basls of Ind&pondont Examlner's Rèport Our éxamlnatlon was carried out in accordance wilh the generdl directions given by the Charily Commission and so our examlnation PTocedures consisted of comparing tha accounts with th8 accounling records kept by the Trusl and maklng limited enquiries of the Offici8rs of th8 Trust as we considered necessary for Ihe purposes of this report. BSO-Flntax LTD Spelthorne Bugines8 Hub, 33 Hanworth Road, Sunbury-On-Thames, England TW16 5DA ,.2025
Happy Nest Nursery Summary Incomo and Expenditure Account for the year ended 31 March 2025 2025 2024 Income 429.598 349,785 Less: Expondltura 383.537 318.344 Not Surplus l (D8fl¢lt) for Tho Year 46,061 31,441
Happy Nest Nursery statement of Flnanclal Activites for the year ended 31 March 2025 Not08 2025 2024 Incoming Resources Voluntary Sources: R8StricÉed Funds Gr8nts Unr8strlcted Funds Grants Donatlons and sundry recelpts PPA Interest Income Other Incom8 Total Recelpls 15.700 15.700 178,061 217.140 77,565 244.948 16,607 2,090 429,598 10.958 614 349.785 Rosourcos Expended Costs of generaling voluntary incom8: Indlrect costs 87,928 71,796 Charitable activites Equipment, Food & drinks Other direct C05ts Indlrect costs 23,279 5,453 175,854 25,412 4767 141,592 204,586 171,771 Governance Costs 91,024 74,778 91.024 74,778 Total Re8ource8 Expended 383,537 318,344 Net Outgoing Resources Total funds brought forward Total funds carrled forward 46,061 583,921 629,982 31,441 552,480 583,921
Happy Nest Nursory Balance Sheet as at 31 March 2025 The Trustees. pres6nt th8ir rèport and accounts for the Year Ended 31 March 2025 Notes 2025 2024 Tanglble Flxod Assets Equlpment 3,497 3.497 1,367 1,367 Current assèts D8btOfS Cash al bank and In hand 5,488 623.270 632,255 8.071 591.951 601.389 Cr8dltor8: amount8 falllng due wlthln ono year (2,273) (17,468) Not current as8Ots Net assats 629,982 629.982 583,921 583.921 Repre8ented by: Trust Fund8 10 629.982 583,921 629,982 583,921 Number 16 Number 13 Average number of employ605 The dlr8ctors are 8atl8fied that the company18 8ntltled to ex8mptlon from the requlrem8nt to obtain an audit under section 477 of the Companles Act 2006. Th8 members hava not r8qured the company to obtaln an audll In accordance w5th section 476 of the Act. The dlrectors acknowledge thek responslbllltles for ensurlng that the charlly keeps accounting records whlch comply with section 386 of the Act and for preparSng accounts whlch glve a true and falr vtew of the stste of affalrs of the company as at the end of the financial yaar and of Ils incoming r8sourc8S and applicatlon of resources, inctudSng its income and expenditure, for thè financial year In accordance with the requirements of saclion8 394 and 395 and wNch othe186 compty with the requlrements of th& Companies Act 2006 relating to accwnts. so far as applicab18 to Ihe company. Tha accounts h8V8 bean prepared in accordance wilh the provisions In Part 15 of the companies Act 20 6 applicabl8 to companies subject io the sm811 companles regim A Genc Ttustee Approved by the board on . .. 2025
Happy Nest Nursery Notes to the Accounls for the year ended 31 March 2025 1 Accountlng pollGle5 a) The accounts have been preparad under the hislorical cost convention and in accordancg with FRS 102, The Financial Reporting Slandard applicable in the UK and RepubliG of Ireland (as appli8d to small entities by section 1A of the slandard). b) Depreciation Depreci8tion has been provided at the following rate inorder to wrlte off the assets ovèr their estimated useful live5. Property, Plant and Equlpment 25% stralghl line method c) Certain expenditure is directly attributable to specific activit89 and has bean includéd in those cosl categories. Certain overhead expenditures (as shown in not8 5) has b68n apportioned on lh8 basis of the estimat8d tim8 sp8nt by th8 staff on th8 three maln aclivites of the charitable company. 2 Cost8 of g•neratlng Fund8 2025 2024 Indlrect costs (nots 5) 87,928 87.928 70,120 70,120 3 Chatable Actlvltlos Equipments, toys & books Nursery food and drlnks Other dlrect costs Indirect costs (note 5> 9,527 13,752 5,453 175,854 204,586 10.834 14,578 4.767 141,592 171.771 4 Governance costs Accountancy Indlrect costs (note 5) 3.096 87,928 91,024 2,982 71.796 74.778
Happy Nest Nursery Notes to the Accounts for the year anded 31 March 2025 S Indlroct costs Costs of Generatlng Charltable Govèrnanc Funds Actlvites C08ts Total 2025 Total 2024 Staff costs {note 6) Printing & Stationary & Post Telephone & Fax Cleaning Light & Heat Rates 80.256 160,512 80.256 321,023 250,577 473 946 473 1.892 709 1,542 648 177 355 177 732 1,464 2,502 377 732 2.927 5,003 754 2.169 4,755 759 12,598 7,848 368 1,251 189 1,251 189 Depreciation Rent Bank charges Repalrs & Maintananc8 633 1.962 71 1,267 3,924 142 633 2,533 7,U8 283 1,962 71 850 Insurance 473 433 946 865 473 1,892 1.730 1,520 1,965 1,077 1387 Sub8criptions PEST Control 433 380 760 380 Professlonal Fee Sundry 237 661 87,928 473 1,321 175.854 237 661 87,928 595 2,642 351.702 38 287.176 6 Staff costs 2025 2024 Wagas and salaries Employers NIC Penslon staff tralnlng & welfare 305.192 9.470 6,124 237 321.023 237.732 6.100 4,314 2.431 250,577 7 Debtors 2025 2024 Accrued InrL)melExpense 5.488 5,488 8,071 8,071
Happy Nest Nursery Notes to the Accounts for th8 year ended 31 March 2025 8 Tanglble flxgd assets Cost PPE At 1st Aprll 2024 Additions At 31 st March 2025 50,390 4,663 55,053 Depreclatlon At 1stAprll 2024 Charge for the year At 31 st March 2025 49,023 2,533 51,556 Net book value At 31 st March 2025 3,497 1,367 At 1st April 2024 9 Credltors.. amounts falllng dug wllhln one year Trada Craditors 2025 2,024 Accruals 1.414 859 2,273 11,420 6,048 17,468 Olher Credltors 10 Trust Fund8 At 1 April Retalned Profit 583,921 46.061 552,480 31,441 At 31 March 629.982 583.921 11 Avorage numbor of Employ008 The average number of employees durlng the year was 16 (2024 - 13).