REGISTERED CHARITY NUMBER: 1060509 REPORT OF THE TRUSTEES AND UNAIJDITED FINANCIAL STATEMENTS FOR THE Ytl AR EIYDED 31 MARCH 2025 FOR GREENVIEW NURSERY (FORMERLY DOILY MIXTURES PRE4CIIOOL) Davies Edwards & Co Chartered Certified Accountants West Lodge Rainbow Street Leominster Herefordshire HR6 8DQ GREENVIEW NURSKRY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) CONTEwfs OF TBE TINANCIAL STATEMENTS FOR THE YEAR EI¥4DED 31 MARCH 2025 Page Reference and Administrative Details Report of the Trustees Independent E￿MIner•S Report Statement of ￿l￿ancial Aetivlties Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Note5 to the Financial Statement5 9 to 16 Detailed Slatement of Financial Aelivltl&s 17 to 18 GREENVIEW IYURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES R Whitehouse (Chair) XX Dispensation (resign¢d 1.6.24) R Coughlin (resigned 1.6.24) XX Dispensation XX Dispensation Dispensation (appointed 4.6.24) PRINCIPAL ADDRESS St Davids Road Credenhill Hereford HR4 7DQ REGISTERED CHARITY I¥UMBER 1060509 INDEPENDENT EXAMINER Davies Edwards & Co Chartored Certified Accoulltsnts West Lodge liainbow StsEet Leominster Herefordghire HR6 8DQ Page I GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with th¢ ftnan¢ial stat¢ments of the charity for the year ended 31 March 2025. The trustee8 have adopted the provisions of AccountirAg and Reporting by Charities.. Stateraent of Recon￿lended Practi¢¢ applicable to charities pr¢partng th¢ir accounts in accordance with the Financial ReporLing Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l JanU￿Y 2019), OBJECTIVES AND ACTIVITIES objectiv￿ and aims The Charity is established to ¢nh4n¢¢ the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and to provide nursery education for the children attending from Hereford Garrison and from the local community. PublAe benefit The fund provides public benefit by assisting service PdSODnel to more ¢ffe¢tiv¢ly p¢rforni their roles within the Anned Forces of th¢ Crown. It does this by providing welfare support within the Garrison and the local are& This agsistance enables service personnel to face th¢ challenges and danger associated with military service by developing and n￿l￿tain]llg teamwork. character. spirit. attitude and morale. As a resull the fLLnd promotes the efficiency of the Arll￿d Forces of the Crown by enhancing the British Anny's capabilities to undertalce the roles demanded of it including the defence of the United Kingdom and its interests. The TThstees confllTh they have paid due regard to the Charity Commi8sion of Englalld and Wale8' Guidance on Public Bon¢fit when deciding what activities the charity should undertaldg¢ Rainbow Stsret Lethllinster Hoir'Fordshlre HR6 8DQ Page 4 GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted Restricted fund fLmds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 14,545 32,475 47,020 32,475 Charitable attlvltles Nursery 579,391 579,391 332,473 Other trading activities Investment income Other income 463 13 3,180 13 3,180 1,034 Total 597,129 32,475 629,604 366,446 EXPENDrruRE ON Charitable acllvilles Nursery 564,710 34,558 599,268 337,551 Other 7,210 7210 5,992 Total 571,920 34,558 606,478 343,543 IYET INCOMEI(EXPEIYDrruRE) Transfers between funds 25,209 17,845 (2,083) (17,845) 23,126 22,903 13 Net movement in funds 43,054 (19,928) 23,126 22,903 RECONCILIATION OF FUNDS Total fimds brought forward 15,685 22,349 38,034 15,131 TOTAL FUNDS CARRIED FORWARD 58,739 2,421 61,160 38,034 The notes forni part of these financial statements Page 5 GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE.SCHOOL) BALANCE SHEET 31 MARCH1025 2025 Total fill)ds 2024 Total funds Unre8trict¢d Restricted fi￿d f￿dS Notes FIXED ASSETS Tangiblo assets io 31,116 31,116 15,949 CURRENT ASSETS Debtors Cash at bank 10,425 64,263 2,421 12,846 64,263 37,951 14,641 74,688 2,421 77,109 52,592 CREDITORS An]ounts falling due within one year 12 (47,065) (47,065) (30,507) NET CURRII Iyf ASSETS 27,623 2,421 30,044 22,085 TOTAL ASSETS ￿Ss CURRENr LIABILITIES 58,739 2,421 61,160 38,034 NET ASSETS 58,739 2,421 61,160 38,034 FUNDS Unrestrirt¢d funds Restricted funds 13 58,739 2,421 15,685 22,349 TOTAL FUNDS 61,160 38,034 The firlancial staternents were approved by the Board of Trustees at￿ authorised for issue on ..l.qJ.. i.l..*..L............. and were signed on its behalf by: R Whitehouse (Chair) - Trustee The notes forni part of these financial statements Page 6 GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) CASH FLOW STATEMENT FOR THE YEAR EI NDED 31 MARCH 2025 2025 2024 Notes Cash flows from operAting activities Cash generated from operations 80,333 14,520 Net cash provided by operating activities 80,333 14,520 Cash flows from investing activities Purchase of tallgible fixed assets Illterest received (30,724) 13 (2,519) Net cash used in investillg artivities (30,711) (2,518) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 49,622 12,002 14,641 2,639 Cash and cash equfivalellts at the end of the reportlng perlod 64,263 14,641 The llotes forni part of these financial statements Page 7 GREENVIEIV NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF1¥4ET INCOME TO NET CASH FLOW FROM OPERATING ACTivrriEs 2025 2024 Net Income for the reporting period (as per the Statement of Flnanclal Activities) Adjustm¢nts for; Depreciation charges Interest received Decrease/(increase) in debtors Increase in creditors 23,126 22,903 15,557 (13} 25,105 16,558 7,974 (i) {33,499) 17,143 Nel cash provided by operations 80,333 14,520 AI¥ALYSIS OF CHANGIS IN NII T FUNDS At 114124 Cash flow At 31n125 Net eash Cash at bank 14,641 49,622 64,263 14,641 49,622 64,263 Total 14,641 49,622 64,263 The notes form part of these fmancial statementg Page 8 GREEMIIKW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) IYOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparing the flnanclal statements The flllallcial statements of the charity, whioh is a public b¢nefit entity under FRS 102, have been prepared in accordanc¢ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statem¢nt of Recommended Practice applicablo to charities pr¢paring their accoullts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (¢ffe¢tkve I January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard appliGabl¢ in the UIC and Republic of Ireland, the Charities Act 2011. The fmancial statements have been prepared under the histoiical cost convention. Income All income is reCO￿lS¢d in th¢ Statem¢nt of Financial Activities once the charity bas entitlemellt to the fimds, it is probable that the income will be received and the amount call be meagured r¢liably. Expenditllre Liabilities are recognised as expenditLwe as soon as there is a legal or constructive obligation committing the Charity to that expendittre, it ￿ probable that a transfer of ¢cor￿MiC benefitg will be required in settlement and the amount of the obligation can be measured reliably. Expendiiure is accounted for on an accruals basis and has been Classified under headings that aggregate all cost related to th¢ Gategory. Where costs cannot be directly attributed to particular headings they have been allocatsd to activitie5 on a basi8 consistent with the use of resources. Capitalisation and depreclatfion of tangible fixed assets All assets having a purchase value of more than £500 are capitalised. The cost of the fixed assets are written off over their expected use￿1 lives using the following method8 of depreciation ,' Furniture, fixtures and equipment . 330/n Reducing balance method Computer equipment - 33 % Reducing balance n￿thOd Assets with a life of more than one year but with a puwhase value of below £500 are included witbin the inventory but the cost is writtert offin the year it is incurred and is not depreciated over the useful life of the asset. Taxation The charty is exempt from tax on its charitable activities. Fund accounting Unrestrictrd fLmds can be used in accordance with the charitable objectives at the discretion of the trustees. R¢strict¢d funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when sp¢cified by the donor or when thnds are raised for particular restricted pu￿Oses. Fwrther explanation of the natt]re and purpose of each fillkd is included in the notes to the financial statements. Page 9 continued.., GREENVIEW NURSERY (FORMKRLY DOLLY MIXfUREI S PRE-SCHOOL) NOTES TO THE FINANCIAL STATEIWIENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES 2025 2024 Grants and donations 47,020 32,475 OTHER TRADING ACTIVITI￿4 S 2025 2024 Hire of outdoor clothing 463 INVII STMENT INCOME 2025 2024 Bank account intsrest 13 INCOME FROM CHARfTABLE ACflVITIES 2025 2024 Activity Nursery Nursery fees 579,391 332,473 CHARITABLE ACTIVITIES COSTS Suppoi'l costs (see note 7) Direct Costs Totals Nursery 591,265 8,003 599,268 Page 10 continued,.. GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THII FINANCIAL STATEMENTS - colltinu¢d FOR THE YEAR ENDED 31 MARCH 2025 SUPPORT COSTS Governance costs Management Finance Totals Other resources expended Nursery 7,210 7.210 6,967 1,036 8,003 6,967 1,036 7,210 15,213 TRUSTEES, RElItUNERATtON AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 2025 2024 Wages and salaries 427,529 240,312 427,529 240,312 The average monthty number of employees during the year was os follows: 2025 23 2024 13 Nursery staff No ¢mploy¢¢s received emolum¢nts in excess of £60,000, Page 11 continued... GREENVIEW NURSLI RY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 10. TANGIBLE FIXED ASSETS Equipinent and teaching aids COST At l April 2024 Additions 73,828 30,724 At 31 March 2025 104,552 DEI PRECIATION At l April 2024 Charge for year 57,879 15,557 At 31 March 2025 73,436 T BOOIC VALUE At 31 March 2025 31,116 At 31 March 2024 15,949 11. DEB TORS: AMOUNTS FALLING DUE wrrHIN ONK YEI AR 2025 2024 Trade debtors Funds held by Garrison Prepayments and accrued income 7,673 3,471 1,702 3,656 33,525 770 12,846 37,951 Page 12 Continued... GREENVtEW NURSERY (TORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTEI S TO THE FINANCIAL STATLI M￿4 NTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade ¢roditors Taxation md social security Other creditors 5,750 33,727 7,588 750 15,230 14,527 47,065 30,507 13. MOVEMENT IN FUNDS Net tnovement in fw]ds Transfers between funds At 3113125 At 114124 Unrestricted funds Genernl fL￿d 15,685 25,209 17,845 58,739 Restrleted funds Futur¢ Sustainability 22,349 (2,083) (17,845) 2,421 TOTAL FUNDS 38,034 23,126 61,160 Net movement in fitnds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fijnd 597,129 (571,920) 25,209 R¢strieled funds Fuiure Sustainability 32,475 (34,558) (2,083) TOTAL FUNDS 629,604 (606,478) 23,126 Page 13 continueiL,. GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 13. MOVEMENT IN FUNDS - eontlnued Comparative5 for movement in ftknnds Net movement in fimds At 3113124 At 114123 Unrestrlcted fllllds G¢n¢ral fimd 14,792 893 15,685 Restrleted funds Funding for Outside Area Future Sustainability 339 {339) 22,349 22,349 339 22,010 22,349 TOTAL FUIYDS 15,131 22,903 38,034 Comparative net movement in funds, included in tho above are as follows: Incoming re8ourc¢s Resources expended Movement in fLmds Unrestricted funds General fimd 333,971 (333,078) 893 R￿trIcted funds Funding for Outside Area Future Sustainability (339) (339) 32,475 (10,126) 22,349 32,475 (10,465) 22,010 TOTAL FUNDS 366,446 (343,543) 22,903 Page 14 eontinued... GRII ENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THE FINANCIAL sTATEM￿NTs - contlnued FOR THE YEAR ENDED 31 MARCH 2025 13. MOVEMENT IN FUNDS - continued A current year 12 months aud prior year 12 months conthined position is as follows: Not movement in fimd3 Transf¢rs between fimds At 3113125 At 1/4123 Unrestricted fllllds General fund 14,792 26,102 17,845 58,739 Restricted funds Funding for Outside Area Futlwe Sustainability 339 (339) 20,266 (17,845) 2,421 339 19,927 (17,845) 2,421 TOTAL FUNDS 15,131 46,029 61,160 A ourent y¢ar 12 months and prior year 12 months Combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in fimds Ullrestrieted funds General fund 931,100 (904,998) 26,102 Restricled funds Funding for Outside Area Future Sustainability (339) (339) 64,950 (44,684) 20,266 64,950 (45,023) 19,927 TOTAL FUNDS 996,050 (950,021) 46,029 Trallsfers between funds Part of the Sustainable nursery grant was used to fi￿d the purchase of fixed assets totalling £17,845. Upon purchase the restriction on the grant funding IM8 been treated as released, with the fLmding transferred to the general fi￿d. Page 15 continued... GREENVIEW IYURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) NOTES TO THE FDTANCJAL STATE￿NTs- contliiued FOR THE YEAR ENDED 31 MARCH 2025 14. BELATEID PARTY DISCLOSURES Ti'ustee's children who attend the nursery receive no beneficial treatment. A staff discoimt scheme is in operation. There were no related party transactions for the year ended 3 1 March 2025. Page 16 GREENVIEW NURSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND EI¥DOWMENTS Donatlons and legacles Grants and donations 47,020 32,475 Other tradfing activities Hire of outdoor clothing 463 Investment llleome Bank account int¢re8t 13 Charitable activities Nursery fees 579,391 332,473 Other income Other income Nll￿ery millc scheme Apprenticeship fi]nding 393 1,787 1,000 126 908 3,180 1,034 Total incoming resources 629,604 366,446 EXPEI NDITURE Charitable activities Wages and pensions InSu￿Ce Resources Bducational 8UPPOrt services Educational trips, outings and events Catering costs Cleaning and protective equipment Uniforms Property repairs Equipment repairs and renewals a]ildrens outdoor and %portg clothing Health alld safety Training Subscriptions and donations Travel expenses Carried fonvard 427,529 2,710 18,173 8,OL6 3,510 16,620 3,998 3,114 19,935 15,776 2,098 432 19,430 9,915 1232 552,488 240,312 2,558 10,197 3,220 367 6,865 3,539 1,841 9,021 10,231 2215 292 12,080 4,447 277 307,462 This page does not fomi part of tbe statLrtory f￿￿ncIal statements Page 17 GREENVIEW 1¥4URSERY (FORMERLY DOLLY MIXTURES PRE-SCHOOL) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Charitable aetivAtles Brought fonvard HR consultancy Professional fees Staff recrnitsnent Staff welfare Depreciation of tangible fixed assets 552,488 1,159 16,416 135 5,510 15,557 307,462 2,661 13254 1,140 1,789 7,974 591265 334,280 Support costs Management Telephone Postage, stationery and advertising Computer costs 1,451 3,134 2,382 914 1,306 464 6,967 2,684 Finance Bank charges and interest PAYE interest 128 908 118 469 1,036 587 Governallee eogts Accountancy, bookkeeping and payroll 7,210 5,992 Total resources expended 606,478 343,543 Net income 23,126 22,903 This page does not fonn part of the stat￿tOry ffftanci￿ statements Page 18