Company registration number.. 03260244
Charity registration number" 1060253
Clopton Nursery Trust
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 August 2024
Fruition Advisory LLP
29 Wood Street
Stratford Upon Avon
CV37 6JG

Clopton Nursery Trust
Contents
Reference and Administrative Details
Trustees, Report
2to7
Independent Examiner's Report
Statement of Financial Activities
9t010
Balance Sheet
ststement of Cash Flows
12
Notes to the Financial Statements
13to21

Clopton Nursery Trust
Reference and Administrative Details
Trustees
Mr Peter Hopkins
Mrs Michelle Monkton
Mrs Marcia Cox
Mr Fawn Entwistle
Mrs Lauren Clarke
Mrs Michelle McDonald
Nursery Management
Mrs Georgia Skinner, Manager
Mrs Sophie Foulger. Deputy Manager
Charity Registration Number
1060253
Company Registration Number 03260244
The charity is incorporated in England and Wales.
Clopton Road
StratFord-Upon-Avon
Warwickshire
CV37 6TE
Registered Office
Independent Examiner
Fruition Advisory LLP
29 Wood Street
Stratford Upon Avon
CV37 6JG
Bankers
Lloyds Bank PIC
22 Bridge Street
Stratford-upon-Avon
WaNickshire
CV37 6AG
Nationwide Building Society
36a Wood Street
Stratford-upon-Avon
Wamickshire
CV47 6JG
Page 1

Clopton Nursery Trust
Trustees. Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 August 2024.
Trustees..
Mrs Hannah Alexander (Resigned 13 December 2023)
Mr Peter Hopkins
Mrs Michelle Monkton
Mrs Marcia Cox (appointed 13 December 2023)
Mr Fawn En￿lStle (appointed 13 December 2023)
Mrs Lauren Clarke {appointed 19 March 2024)
Mrs Michelle McDonald (appointed 19 March 2024)
Objectives and activities
Objects and aims
The objectives of the nursery are..
. To provide nursery education for children who hope to attend Thomas Jolyffe Primary School.
. Where vacancies exist, to provide nursery education for any other children.
To provide a before & after school facility with priority given to children of Thomas JolyFFe Primary
School.
To provide 'holiday club" facilities during school holidays with priority being given to children who
attend Thomas Jolyffe Primary School.
We aim to provide quality Early Years education to children aged belween 2 years and 4 years.
We measure our Suc￿sS by our Ofsted rating and number of children on roll.
Our short-term objective is to gain a speech and language accreditation to subject our children fijrther.
Our long term goal to to retain our outstanding Ofsted rating.
Objectives, strategies and activities
Our objectives are set to reflect our educational aims and the ethos of the nursery. It is important to us
that we maintain and improve the quality of provision that we provide.
Page 2

Clopton Nursery Trust
Trustees. Report
Public benefit
Clopton Nursery Trust is a charitable trust which seeks to benefit the public through the pursuit of its
stated aims. Our fees are set at a level to ensure the financial viability of the organisation while
ensuring that the nursery remains affordable for our parents and carers.
We welcome children from all backgrounds. On entry, children are assessed to ensure that we can
provide the very best education to allow them to reach their full potential. An individual's economic
status, gender, ethnicity. race, religion or disabilities do not form part of our assessment.
We are an equal opportunity organisation and are committed to a working environment that is free
from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual
orientation or disability. We will make reasonable adjustments to meet the needs of staff or pupils who
are or become disabled.
Our setting is committed to safeguarding and promoting the welfare of all children and expects all staff
and volunteers to share this commitment. Our last Ofsted report (September 2023} stated that
Children thrive in this exceptionally high-quality provision" and 'The manager is inspirational and
leads with staff team with integrity" Parents are delighted with the provision. .They are oVe￿helmIng
positive about the broad range of experiences on offer and the excellent progress that their children
make"
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidan￿ published by the Charity Commission for
England and Wales.
Social investment policies
It is important to us that access to the education we offer is not restricted to those who can pay fees.
At Clopton Nursery, we do not restrict the number of places available for funded children and actively
look to provide a number of free pla￿S to children identified by Thomas Jolyffe Primary School as
most likely to benefit.
The nursery looks to work c(Foperatively with the school, preparing the children for the move from
pre-school education to reception classes, last year over 80°k of the children attending our setting
went on to the reception class at Thomas Jolyffe. Examples of links bel￿een the school and nursery
include..
Shared Forest School Area .
Joint fundraising ventures.
Visits to reception classes in the summer term.
Page 3

Clopton Nursery Trust
Trustees. Report
Achievements and perfomiance
Pupil Numbers and Fees..
As of March 2025 there are 355 children on roll. In our 'Cubs Room, we have 27 children ages 2-3
years, of which, either access funding as working parents or via the 2help funding or pay for sessions.
We have 25 children ages between 3 and 4 years, occupying the 'Teddies Room, all of whom access
some funded sessions and some non-fvnding sessions. There are a further 54 per-schoolers in our
'Bears Room, and again all of whom access a combination of funded and none funded sessions. The
remaining children attend our wraparound provision.
Of the 106 nursery children, almost 75 % of these children access funded childcare utilising either
2Help fundinglworking parents finding for 2 year olds or the universal 15 hourslworking parents
funding for 34 year olds.
Our fees increased in April 2024. Fees for the academic year were published on our website and at
the setting during the spring term.
Capital Resources Investment
The last of the work on the extension was completed in De￿mber 2023. This has provided a
distinctive main entran￿ for the nursery, an office, staff room and a disabled toilet for staff and
visitors.
Staffing
The Nursery employs 21 members of staff. Of those who work directly with the children, all have first
aid, food hygiene and health and safety ￿rtIfiCatIOnS and are qualified to Level 2 or above (or are
working towards this qualification) in Childcare and Education. The nursery manager also holds an
Early Years Teacher status qualification. Two members of staff are Forest School Lead trained and
another is currently working towards this qualification.
Training and development of our staff continues to be a priority when it comes to budgeting.
Investment in the right people also continues to be a priority to ensure that we are rewarding the
biggest asset our setting has, whilst also ensuring we comply with minimum wage increases.
2 help, universal and working parents fvnding
We continue to offer the Government's funding scheme to all children who qualify.
Forest School
We continue to offer forest school sessions for nursery children and run daity Holiday Club forest
school sessions. We will continue to share the School site for Forest School and offer it to all children
within our setting
Page 4

Clopton Nursery Trust
Trustees. Report
Measures used to assess performance:
With the help of our extension we have increased our numbers which means we can offer more
places to the children in our community. We have kept are fee prices low to ensure children from
lower income families can also access our servI￿s. This means more children benefit from the care
and education we provide.
We have had an extension added to the nursery to ensure that we can offer more pla￿S to our
community. This has had a huge impact on our financial reseNes but also means we have been able
to increase our income.
Principal risks and factors that are likely to affect our fvture performance include increased staff costs
as a result of Nl, National Minimum Wage as well as the government changing the guidance around
funding (increasing the amount of hours available per children but not increasing the funding rate to
match the cost).
Financial review
The financial results for the period are set out in the annexed accounts
Clopton Nursery has had another suc￿Ssful year overall. The reputation of the nursey continues to
go from strength to strength and we are still Ofsted Outstanding.
Retention of staff continues not to be an issue, however staff is the only struggle we seem to have, as
fewer people seem to want to remain in the profession.
The number in our wraparound care continue to be high, and holiday club numbers have increased.
The trustees consider the financial position of the company to be satisfactory.
Policy on reserves
It is the policy of the Charity to maintain unrestricted funds, which include the free reserves of the
Charity, at a level that provided sufFicient funds to meet ongoing operating expenditure.
At the balan￿ sheet date, the charity held £399,309 (2023: £372,125) in unrestricted funds. Free
reserves, which exclude funds held as tangible assets, total £145,196 (2023.. £195,253}. The Trustees
are satisfied to report that at present free reserves equate to be￿een three and six months of such
expenditure.
Investment policy and objectives
Under the Memorandum and Articles of Association the Charity has the power to invest monies not
immediately required for the furtheran￿ of its objectives, as it sees fit. The Trustees, policy is to
maximise income within a low-risk environment
Plans for future periods
Aims and key objectives for futu￿ periods
We will be focusing on developing the outdoors areas, especially 'The Bears. garden. We are looking
at changing the steps to a ramp to make the area safer and create another disabled access point.
We will be looking at staff training focusing mainty on Speech and Language development and hope
to complete Early Talk and Talk Boost from Speech and Language UK. To gain a speech and
language accreditation to subject our children further.
Our long term goal for the future is to maintaining our outstanding Ofted rating
Page 5

Clopton Nursery Trust
Trustees. Report
Structure, governance and management
Nature of governing document
The Trust is a company limited by guarantee governed by its Memorandum and Articles of
Association dated 16th December 1996.
Recruitment and appointment of trustees
None of the Trustees has any beneficial interest in the company. All Trustees are members of the
company and guarantee to contn'bute £10.00 in the event of winding up.
The number of trustees shall not be less than three but is not subject to a maximum. Trustees must
be over the age of eighteen. Trustees visit the nursery to familiarise themselves with the work of the
charity. They attend a minimum of four meetings per year during which they receive a manager's
report and a set of financial reports. including performance against budget and year on year
comparisons.
The Trustees are responsible for the overall management of the business of the charity. Management
of the day to day activities is carried out by a full-time Nursery Manager, part-time Finance and Admin
OfFicer and supported by a Deputy Manager and a team of full and part-time Nursery Practitioners.
All trustees give their time voluntarily and re￿iVed no remuneration or other benefits.
Statement of trustees. responsibilities
The trustees (who are also the directors of Clopton Nursery Trust for the purposes of company law)
are responsible for preparing the trustees, report and the financial statements in accordan￿ with
applicable law and Generally Accepted Accounting Practi￿ in Ireland, including FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of reSoUr￿s, including its income and expenditure, of the charitable
company for that period and otherwise comply with the Companies Act 2014. In preparing these
financial ststements, the trustees are required to..
select suitable accounting policies and apply them consistently-
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for ensuring that the charitable company keeps or causes to be kept
adequate accounting records which correctly explain and record the transactions of the charitable
company, enable at any time the assets, liabilities, financial position and surplus or deficit of the
charitable company to be determined with reasonable accuracy, enable them to ensure that the
financial statements comply with the Companies Act 2014 and enable the financial statements to be
audited. They are also responsible for safeguarding the assets of the charitable company and hen
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6

Clopton Nursery Trust
Trustees. Report
The trustees are responsible for the rna1ntenan￿ and integrity of the corporate and financial
information included on the charitable company's website. Legislation goveming the preparation and
dissemination of financial statements may differ from legislation in otherjurisdictions.
Small companies provision statement
This report has been prepared in accordan￿ with the small companies regime under the Companies
Act 2006.
The annual report was approved by the trustees of the charity on 30 April 2025 and signed on its
behalf by=
rcr
Mrs Marcia Cox
Trustee
Page 7

Clopton Nursery Trust
Independent Examiner's Report to the trustees of Clopton Nursery Trust {'the
Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 August 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 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.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination
because l am a member of , which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of Clopton Nursery Trust as required by section 386
of the 2006 Act., or
2. the accounts do not accord with those records" or
3. the accounts do not comply with the accounting requirements of section 291 of the 2014 Act
other than any requirement that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination,. or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practi￿ for accounting and reporting by charities lapplicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)]-
I have no COn￿rnS and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Fruition Advisory LLP
29 Wood Street
Stratford Upon Avon
CV37 6JG
30 April 2025
Page 8

Clopton Nursery Trust
Statement of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
1,082
517,088
2,173
1,082
517,088
2,173
Total income
520,343
520,343
Expenditure on:
Raising funds
Charitable activities
(727)
(492,432)
(727)
492,432
Total expenditure
1493,159)
493,159
Net income
27,184
27,184
Net movement in fijnds
27,184
27,184
Reconciliation of funds
Total funds brought forward
372,125
372,125
Total funds carried forward
14
399,309
399,309
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
329
451,979
1.248
329
491,979
1,248
40,000
Total income
453,556
40,000
493,556
Expenditure on:
Charitable activities
(455,902
455,902
Total expenditure
(455,902
455,902
Net {expenditure)lincome
Transfers belween fiJnds
(2,346)
80,551
40,000
80,551
37,654
Net movement in fiJnds
78,205
(40,551)
37,654
Reconciliation of funds
Total funds brought forward
293,920
40,551
334,471
The notes on pages 13 to 21 fomi an integral part of these financial statements.
Page 9

Clopton Nursery Trust
Statement of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2023
Note
Total funds carried forward
14
372,125
372,125
All of the charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shown in note 14.
The notes on pages 13 to 21 fomi an integral part of these financial statements.
Page 10

Clopton Nursery Trust
(Registration number: 03260244)
Balance Sheet as at 31 August 2024
2024
2023
Note
Fixed assets
Tangible assets
10
254,113
176,872
Current assets
Debtors
Cash at bank and in hand
9,158
142,392
16,360
186,045
12
151,550
202,405
Creditors: Amounts falling due within one year
13
(6,354)
{7,152)
Net current assets
145,196
195,253
Net assets
399,309
372,125
Funds of the charity:
Unrestricted income funds
Unrestricted funds
399,309
372,125
Total funds
14
399,309
372,125
For the financial year ending 31 August 2024 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities-
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476., and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts.
The financial statements on pages 9 to 21 were approved by the trustees, and authorised for issue on
30 April 2025 and signed on their behalf by..
Mrs Marcia Cox
Trustee
The notes on pages 13 to 21 fomi an integral part of these financial statements.
Page11

Clopton Nursery Trust
Statement of Cash Flows for the Year Ended 31 August 2024
2024
2023
Note
Cash flows from operating activities
Net cash income
27,184
37,654
Adjustments to cash flows from non-cash items
Depreciation
Investment income
37,201
(2,173)
62,212
32,202
{1,248)
68,608
Working capital adjustments
Decreasel(increase) in debtors
(Decrease)lincrease in creditors
7,202
799)
{8,083)
1,820
13
Net cash flows from operating activities
68,615
62,345
Cash flows from investing activities
Interest receivable and similar income
Purchase of tangible fixed assets
2,173
114,441
1,248
86,712
10
Net cash flows from investing activities
112,268
85,464
Net decrease in cash and cash equivalents
(43,653)
186,045
(23,119)
209,164
Cash and cash equivalents at 1 September
Cash and cash equivalents at 31 August
142,392
186,045
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 13 to 21 fomi an integral part of these financial statements.
Page 12

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
1 Charity status
The charity is limited by guararrtee, incorporated in England and Wales., and consequently does not
have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards
the assets of the charity in the event of liquidation.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless othe￿iSe
stated.
Statement of compliance
The financial statements have been prepared in accordan￿ with Accounting and Reporting by
Charities- Statement of Recommended practi￿ (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)} (issued in October 20191 (Charities SORP {FRS 1021), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2014.
Basis of preparation
Clopton Nursery Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless othewise stated in the
relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of Un￿rtaInty that affect the carrying value of assets held by
the charity.
Income and endowments
All income is recognised On￿ the charity has entitlement to the income. it is probable that the income
will be received and the amount of the income re￿1vable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
Investment income
Dividends are recognised On￿ the dividend has been dedared and notification has been received of
the dividend due.
Page 13

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income. the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and ServI￿S for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature ne￿SSary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of reSoUr￿s, for example, allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including audit, strategic management and trustees meetings and reimbursed
expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to wnte off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows=
Asset class
Leasehold propety
Plant and machinery
Fixtures and fittings
Depreciation method and rate
over 14 - 25 years
25 % reducing balance
25 % reducing balance
Page 14

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or seNices performed in the
ordinary course of business.
Trade debtors are recognised initially at the transaction pri￿. They are subsequently measured at
amortised cost using the effective interest method. less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the charity will not be
able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if the charity
does not have an unconditional right, at the end of the reporting period, to defer settlement of the
creditor for at least I￿e1ve months after the reporting date. If there is an unconditional right to defer
settlement for at least twelve months after the reporting date, they are presented as non-current
liabilities.
Trade creditors are recognised initially at the transaction pri￿ and subsequently measured at
amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.
Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between
the proceeds, net of transaction costs, and the amount due on redemption being recognised as a
charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest
payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer
settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general fijnds that are available for use at the trustees discretion in
furtheran￿ of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the
trustees.
Page 15

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
3 Income from donations and legacies
Unrestricted
funds
General
Total
2024
Total
2023
Donations and legacies.,
Donations from individuals
1.082
1,082
329
1.082
1,082
329
4 Income from charitable activities
Unrestricted
funds
General
Total
2024
Total
2023
Provision of nursery services
517,088
517,088
491,979
S Investment income
Unrestricted
funds
General
Total
2024
Total
2023
Interest receivable and similar income-
Interest re￿1vable on bank deposits
2.173
2,173
1,248
6 Expenditure on charitable activities
Unrestricted
Totsl
2024
Total
2023
General
Note
Provision of nursery services
Staff costs
Allocated support costs
Governan￿ costs
34,178
360,853
95,469
1,932
34,178
360,853
95,469
1,932
41,431
327,501
84,972
1,998
492,432
492,432
455,902
Page 16

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
7 Trustees remuneration and expenses
No trustees, nor any persons connected with them. have received any remuneration from the charity
during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the
year.
Page 17

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
8 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Other staff costs
335,252
22,328
3,273
304,945
20,561
1,995
360,853
327,501
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year expressed as fvll time equivalents was as follows..
2024
No
2023
No
Charitable activities
20
21
No employee received emoluments of more than £60.000 during the year.
During the year the charity made the following transactions with key management personnel..
Nursey managers
The Nursey managers received remuneration of £70.990 (2023" £68,545)
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
10 Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At 1 September 2023
Additions
396,456
114,441
172,115
568,571
114,441
At 31 August 2024
510,897
172,115
683,012
Depreciation
At 1 September 2023
Charge for the year
250,899
29,373
140,799
7,828
391,698
37,201
At 31 August 2024
280,272
148,627
428,899
Net book value
Page 18

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
Land and
buildings
Furniture and
equipment
Total
At 31 August 2024
230,625
23,488
254,113
At 31 August 2023
145,557
31,316
176,873
Included within the net book value of land and buildings above is £Nil (2023 £Nil) in respect of
freehold land and buildings and £230,625 (2023 - £145,557) in respect of leaseholds.
11 Debtors
2024
2023
Trade debtors
Prepayments
8,564
594
16,099
261
9,158
16,360
12 Cash and cash equivalents
2024
2023
Cash at bank
142,392
186,045
13 Creditors: amounts falling due within one year
2024
2023
other taxation and social security
Pension scheme creditor
Accruals
3,264
1,290
1,800
5,334
1,818
7,152
6,354
Page 19

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
14 Funds
Balance at
Balance at
31 August
2024
September
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
272,125
520,343
(493,159)
100,000
399,309
Unrestricted designated
funds
Extension works
100,000
(100,000)
Total funds
372,125
520,343
(493,159)
399,309
Page 20

Clopton Nursery Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
Balance at
Balance at
31 August
2023
September
2022
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
Unrestricted funds
196,096
453,556
(447,832)
70,305
272,125
Designated
Extension works
97,824
(8,070)
10,246
100,000
Totsl unrestricted funds
293,920
453,556
(455,902)
80,551
372,125
Restricted
Capital grants
40,551
40,000
(80,551)
Total funds
334,471
493,556
(455,902)
372,125
15 Analysis of net assets between funds
Unrestricted
funds
General
Total funds
at 31 August
2024
Tangible fixed assets
Current assets
Current liabilities
254,113
151,550
(6,354
254,113
151,550
6,354)
Total net assets
399,309
399,309
16 Related party transactions
There were no related paty transactions in the year.
Page 21

Clopton Nursery Trust
Statement of Financial Activities by fund for the Year Ended 31 August 2024
Unrestricted Funds
Total
Total
Unrestricted Unrestricted
Funds
Funds
2024
2023
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
1,082
517,088
2,173
329
451,979
1,248
Total income
520,343
453,556
Expenditure on:
Raising funds
Charitable activities
(727)
(492,432) {455,902)
Total expenditure
(493,159) {455,902)
Net incomel(expenditure)
Transfers between funds
27,184
{2,346)
80,551
Net movement in funds
27,184
78,205
Reconciliation of funds
Total funds brought forward
372,125
293,920
Total funds carried forward
399,309
372,125
This page does not fom part of the statutory financial statements.
Page 22

Clopton Nursery Trust
Detailed Statement of Financial Activities for the Year Ended 31 August 2024
Total
2024
Total
2023
Income and Endowments from:
Donations and legacies (analysed below)
Charitable activities (analysed below)
Investment income (analysed below)
1,082
517,088
2,173
329
491,979
1,248
Total income
520,343
493,556
Expenditure on:
Raising funds (analysed below)
Charitable activities (analysed below)
(727)
{492,432)
{455,902)
Total expenditure
{493,159)
{455,902)
Net income
27,184
37,654
Net movement in funds
27,184
37,654
Reconciliation of funds
Total funds brought fotward
372,125
334,471
Total funds carried fotward
399,309
372,125
This page does not fom part of the statutory financial statements.
Page 23

Clopton Nursery Trust
Detailed Statement of Financial Activities for the Year Ended 31 August 2024
Total
2024
Total
2023
Donations and legacies
Other income
1,082
329
1,082
329
Charitable activities
Nursery fees and NEG
Grants receivable
517,088
451,979
40,000
517,088
491,979
Investment income
Interest on cash deposits
2,173
1,248
2,173
1,248
Raising funds
other fundraising costs
727
727
Charitable activities
Nursery meals
Purchases
Hall Hire
Wages and salaries
Staff NIC {Employers)
Staff pensions (Defined contribution) - pension scheme 1
Staff training
Office expenses
Trade subscriptions
Cleaning
Rates
Light, heat and power
Insurance
Repairs and maintenan
Telephone and fax
Computer SOf￿are and maintenance costs
Office expenses
Hire of other assets (Operating leases)
Sundry expenses
Legal and professional fees
Legal and professional fees
Bad debts written off
(22,542)
(11,636)
(24,619)
(16,812)
(315)
(304,945)
(14,109)
(6,452)
(1,995)
{335,252)
(16,065)
(6.263)
(3,273)
{138)
(11,190)
(1,290)
(11,140)
(1,674}
(4,918}
(681)
(5,606)
(1,118)
(3,133)
(2,575)
(133)
{7,740)
{1,230)
{8,261)
{1,802)
{3,929)
(856)
{4,385)
{4,074)
(3,133)
{3,140)
{8,070)
{6,776)
1,238
(14,666)
This page does not fom part of the statutory financial statements.
Page 24

Clopton Nursery Trust
Detailed Statement of Financial Activities for the Year Ended 31 August 2024
Total
2024
Total
2023
Bank charges
Depreciation of other tangible
Accountancy fees
(139)
(37,201)
(1,932
(492,432)
(166)
(32,201)
1,998)
(455,902)
This page does not fom part of the statutory financial statements.
Page 25