2023-09-30-accounts - Sandhurst Nursery School

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Trustees’ Annual Report for the period

From September 2022 to September 2023

Charity name: Sandhurst Nursery School

Charity registration number: 1060849

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide early years education for children below compulsory school age.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	To follow Kent County Council statutory requirements and provide a nursery setting regulated by Ofsted to provide care and education for children in the local area.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Trustees are elected to provide a governing body to ensure all requirements are fulfilled.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	We provide fundraising events that can be accessed by all members of the community and stakeholders to raise money for resources and equipment to provide good quality childcare.
Policy on social investment including program related investment	Para 1.38	We receive contributions from Kent County Council and stakeholders to sustain the nursery.
Contribution made by volunteers	Para 1.38	Parents continue to contribute towards snacks and other small resources i.e. nappies and wipes, fruit and snacks.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The nursery school manager has continued to work hard this year to increase the number of children attending the setting and the number of sessions children attend. The manager continues to use the procedure for collection of fees so that they are paid on time and by the end of every term. The nursery continually reviews its policies coupled with a conscious effort to keep spending in line with a budget this has further improved the financial stability of the nursery. The increased surplus has been spent on resources for both learning rooms and outdoors, baby room furniture and new toys. The nursery manager continues to attend collaboration meetings with other early years settings to bring new ideas and initiatives into the nursery and benchmark the nursery’s procedures with those of other nurseries. The nursery continues to build on its positive relationship with parents of children at the setting using Tapestry software to share stories of children’s successes. The fundraising committee have hosted a few events this year (Dressing up days, Uniform sale and hosting a stall at the school summer fete).. These events continue to keep us at the heart of the village community and do not generate an income.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41

Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The nursery is funded by grants from Kent County Council and receives fees from parents for non-funded sessions.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held to maintain expenditure in-between grant payments from KCC.
Amount of reserves held	Para 1.22	Reserves held to meet ongoing commitments.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Kent County Council Parent fees Parental/community fundraising
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		Constitution
Type of governing document (trust deed, royal charter)	Para 1.25	Trust
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Elected by other Trustees and parents of the nursery children currently attending the nursery.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Sandhurst Nursery School
Other name the charity uses
Registered charity number	1060849
Charity’s principal address	Sandhurst Nursery School Rye Road Sandhurst Kent TN18 5JE

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
Amanda Norman	Chairperson	Trustees
Louise Reeves	Trustee	Trustees
MoragDigweed	Finance Officer
Sophie Willard	Secretary	Trustees
Frances Holland	Secretary	Trustees
Hannah Baker	Manager	Trustees

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Amanda Norman Sophie Willard Position (eg Secretary, Chair Treasurer Chair, etc) Date 25[th] July 2024

SANDHURST NURSERY SCHOOL

Charity No 1060849

ACCOUNTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023

SANDHURST NURSERY SCHOOL

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1)	STATEMENT OF FINANCIAL ACTIVITIES
2)	BALANCE SHEET
3)	NOTES TO THE FINANCIAL STATEMENTS
4)	INDEPENDENT EXAMINER'S REPORT

SANDHURST NURSERY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023

SANDHURST NURSERY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
Incoming Resources Incoming Resources from generated funds Voluntary Income Investment Income Incoming resources from charitable actvites Total Incoming Resources Resources Expended Costs of generatng funds Charitable actvites Educaton Total resources expended Net incoming / (outgoing) resources before transfers Fund balances brought forward Fund balances carried forward The atached notes form part of these accounts.	Notes 2 3 4 5	Unrestricted Funds 2023 £ - 96 145,264 145,360 149,765 149,765 (4,405) 32,561 28,157	Unrestricted Funds 2022 £ 1,853 6 118,769
				Funds 2022 £ 1,853 6 118,769
				120,628
				125,100
				125,100
				(4,472) 37,033
				32,561

SANDHURST NURSERY SCHOOL BALANCE SHEET

AS AT 30 SEPTEMBER 2023

Notes Fixed Assets Tangible Fixed Assets 7 Current Assets Debtors and Prepayments Cash at Bank 8 Cash in Hand Current Liabilites Creditors and Provisions 9 Net Current Assets NET ASSETS FUNDS Unrestricted Income Funds	2023 £ 12,331 £ 4,714 £ 13,179 £ 138 £ 18,031 £ 2,204 £ 15,826 £ 28,157 £ 28,157	2022 £ 13,552	2022
		£ 2,326 £ 19,461 £ 138
		£ 21,925
		2,916 19,009
		32,561
		£ 32,561

……………………………… Chairman Date…………………………………… For and on behalf of the Committee

SANDHURST NURSERY SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

1 Accounting Policies

General

These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting and Reporting by Charities 2005 and with the Charities Act 2011.

Depreciation

Depreciation is provided on furniture and equipment at 25% pa (straight line basis).

£ £ £ £ £ £ £ £ £	£ £ £ £ £ £ £ £ £	2022 1,853 6 50,808 67,478 208 - - - 275
£	£	118,769

£	£	120,628

SANDHURST NURSERY SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 continued

5 Total resources expended

2023 £ 111,270 £ 300 £ 1,918 £ 113,488 £ 4,990 £ 6,048 £ 1,147 £ 12,184 £ 8,408 £ - £ 293 £ 8,700 £ 2,107 £ 140 £ 6,362 £ 14 £ 2,198 £ 1,023 £ - £ - £ - £ - £ - £ - £ 2,072 £ 1,477 £ 15,393 £ 149,765 £ 100	2022 £ 86,425 £ 2,980 £ 1,085 £ 90,490	2022 £ 86,425 £ 2,980 £ 1,085 £ 90,490
£ 4,990 £ 6,048 £ 1,147	£ 4,718 £ 2,401 £ 651	£ 7,770
£ 8,408 £ - £ 293 £ 2,107 £ 140 £ 6,362 £ 14 £ 2,198 £ 1,023 £ - £ - £ - £ - £ - £ - £ 2,072 £ 1,477	£ 13,913 £ - £ 617 £ 1,126 £ 2,100 £ 2,422 £ 175 £ 1,848 £ 894 £ - £ - £ - £ - £ - £ - £ 1,556 £ 2,189	£ 14,530 £ 12,310

		£ 125,100
		£ 175

SANDHURST NURSERY SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 continued

Furniture & Equipment £ £ 18,288 £ 851 £ - £ 19,139 £ 13,143 £ 2,072 £ - £ 15,215 £ 3,924 £ 5,145 2023 £ 9,179 £ 4,000 £ - £ 13,179 £ 1,411 £ 694 £ 100 £ 2,204 £ 111,270 £ - £ 1,918 £ 300 £ 113,488	£ £ £	Total £ 26,695 851 -
£	£	27,545
£ £ £	£ £ £	13,143 2,072 -
£	£	15,215
£ £	£ £	12,331 13,552
£ £ £	£ £ £	2022 1,781 17,000 680
£	£	19,461
£ £ £	£ -£ £	2,932 191 175
£	£	2,916
£ £ £ £	£ £ £	87,061 (£636 ) 1,085 2,980
£	£	90,490

Report to the trustees of SANDHURST NURSERY SCHOOL Charity no. 1060849

On accounts for the year ended 31 March 2023 set out in part 1, 2 and 3

Respective Responsibilities of Trustees and Examiner

As the Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act)

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given to me by the Charity commission under section 145(5)(b) of the Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the accounts.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

Accounting records were not kept in accordance with section 130 of the Charities Act or
The accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn to enable a proper understanding of the accounts to be reached.

KAREN MARR Independent Examiner

28[th] August 2024 Woodland Enterprise Centre Hastings Road Flimwell East Sussex TN5 7PR