Registered number: 00000000 Charity number. 106177510 Wattl8ham Airflold Chlldcare C8ntre UNAUDITED ACCOUNTS FOR THE YEAR ENDED 3110112024 Prnpared By: Rhem Account]ng 64 Farriers R08d Combs Ford. Stowmarkel Suffolk IP14 2NS
Wattisham Airfs¢ld Chlldcare Centre FINANCIAL STATEMENTS FOR THE YEAR ENDED 31101r2024 TRUSTEES REGISTERED OFFICE COMPANY NUMBER oooooooo CHARITY NUMBER 106177510 ACCOUNTAKrs Rhem A¢wuntin9 64 Farrler8 Road Combs Ford, Stowmark8t Sufft)Ik IP14 2NS page 1
Watti•ham Airfiold Childcar• Cantra ACCOUNTS FOR THE YEAR ENDED 3110112024 CONTENTS Page Report of the Trustges statement of Flnan¢lal A¢tlvlties Balanca Sh88t Notes to the Accounts 6t010 Detsll8d Statsmenl of Financial Activitie8 page 2
Wattisham Airfield Chlldcare Centr¢ FOR THE YEAR ENDED 31101r2024 TRUSTEES. REPORT Th8 trustees present their report and accounts for the year anded 3110112024 PRINCIPAL ACTNrriES The prfncipal activty of the ch8rfty in the year under revlew was to provldo quallty chlld¢are facllttles wlth a nurturfng and educational envlronm8nt for chlldr8n aged 3 months to 5 years in the Surrounding Wattisham area. It is mainly used by servlce personnel but is not exclusivgly a 'military' nursery. Thg Cgntr6 offers designated care for chlldren wlth spaclal educational needs (SEN). The Centre's main Source of Income Is from chlldcara fees. However, chlldcare and SEN grants are provided by Suffolk County CounGiI to help offsol costs and staff training. STRUCTURE GOVERNANCE AND MANAGEMENT Thè Charity's Trusteas are rasponslbla to make sura that the financial statements have been prepared in adherence to the procgdurgs glvgn by the Charlty Commlssloners (under Section 43(7)(b) of the Act). The ChariV$ Trustses consider that an audit is not required for this year (under section 43(2) of the Charltles Act 1993 (Iho Act) howaver tho a¢Unts were Indep8ndenlly prepared by appointed external accountant Rhem A¢countlng. Ofsted (Office for Standard8 in Education} are th8 regulator for the chSldcaro con. The latest inspection of tho childcare cgntre Sn May 2022 by Ofsted was over8116ff6ctlveness rallng Good. The Pre-school Learnlng Allance. Pre-school Constitutlon was adopted on 241h February 1997. Adoption of an agreed Model Constitution known 88 Tha Pr&8chool Loamlng Allianea (1096528) was adopted from 19th January2024. The report was prepared in accordance with the sp8cial provlslons wlthln Part 15 of the Companles Act 2006. Thls report was approved by the Board of Trustees on 0910912024 Tru?t88 Rbbs lslqlz page 3
Wattisham Airflgld Childcare Contre Statemènt of Flnanclal A¢tlvitie8 lor the year ended 3110112024 2024 Unr•strict•d RIrfctod funds funds Tolal Incomo Income from g@n8rat8d funds Don8tlons and legacies Income from charitable activities Other Income Total Incoma and •ndowmonl• Exp8nsas Costs of ggneratlng funds Exp6nditure on Raised fund8 Exp8ndiiure on Charitable adiviti88 Total Expon8 Net galns on Investments Not Income g8.539 162.450 25,810 286,799 8.523 107.061 908 163,357 25,850 9,471 296,268 956 271.012 271,968 11,437 12,392 3,772 274,784 15,209 287,176 14,831 (5,738) 9,092 Galn•l(10$908) on r•valuatlon of flxed a88asIs Net movoment In fund8: Not Incomo for tho year Total funds brought forward Net funds canlod forward 14,831 80,737 75,568 (4738) 9,092 22,861 83.598 17,123 92,690 Thls ststsment of fin8n¢lal activities Includes all gains and losseg r8cogni98d in the year. All Income and oxp8nditur8 derlvo from continuing a¢llvltles page 4
Wattisham Alrfleld Childcaro Centre BALANCE SHEET AT 3110112024 2024 FIXED A88ETS Tangiblo assets 2.649 CURRENT ASSETS Cash at bank and in h8nd 95,468 95,468 4,802 CREDITORS: Amounts falllng du8 wfthln ono year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 90,666 93,315 PROVISIONS FOR LIABILITIES 625 NET ASSETS 92,690 CAPAL AND RESERVES Unrèstricted funds General fund Rr1etsd fund8 75.587 17.123 92,690 For tho year ending 3110112024 the Cx)mpany was entitled to exemption und8r 8e¢tion 477 of the Companies Act 2006 relating to small wmpanies. The member8 have not r£qulr8d the cornpany to obtAln an audit In acrdance wlth sectlon 476 of the Companleg Act Th8 dir8ctors acknowledge their r6sponsiblliti8s for comptylng vth Ihe requlrements of the Act with respect to accounting records and the preparallon of accounts. These accounts have been prepared In accordance wlth the provisions applicabla to companles subject to th8 Small companie8 regime. Approved by board of trustaos on 0910912024 and *lgnod on th•lr behalf by Trustee page 5
Wattisham Alrfi8ld Chlldcara Cantro NOTE8 TO THE Accouiirs FOR THE YEAR ENDED 3110112024 1. ACCOUNTING POLICIES 11. 8asls Of Aeeounllng The accounts have be8n prepared under the hlstorlcal cost ¢onvenllon. The accounts have been pr8par•d In accordance wlth FRS102 - The Financial R8POrtlng Standard applicable in the UK and Republlc of Ireland and the Companie5 Aci 2006 and the requlraments of the Statement of Recommended Practice, Accountlng and Reporting by Charitie8. 1b. Incornlng Rosour¢08 All incomlng rgsourGeS £ro Included on the Stat8mont of Financial Actlvltles then tho ¢harfty Is18gally entlued lo the income and the amount can be quanlrfied with reasonable accuracy. 1c. Resources Expondod Expenditure 15 accounted for on an accruals basls and has been dassified under hgading8 that aggregate all cost related to the category. Where costs cannot be d1cl1Y attributed to partlcular headlngs they have been allocated to activitie8 on a basi8 conslstent th8 Use of r8sources. Id. Allocatlon And Apportlonmont Of Costs All costs relatg to the single aciivity of the charilable company and are recognised accordingty. 1•. Fund Accountlng Unrestricled funds can b8 used in accordance wlth tho charftsble objective8 at the discretion of tha trustees. RostrSctad funds can only be used for particular reytri¢led purws8s wtthln the objects of the charfty. Restrlrtlons arlse when 8p8clfled by the donor or when funds are ralsed for partl¢ular re8trlcted purpryJe5. Doslgn8ted funds are fund8 Set aside by the trusteès out of unrastrlcted general fund8 for the specbfi¢ future purposes or prol8cts. If. D•pr8clatlon Deprecialion ha6 been provlded at th8 following rates in order to write off the assets over Iholr estlmated useful lives. Flxtures and Flttings strglght Ilne 15Yo 19. P?nslon Costs Tha company operates a defined contrfbutlon p8nslon sch8m8. The pension charge represents the amcunts payable by the company to the fund in respect of the year. 1h. Turnovar Turnover represents the involGed value of goods and Servi Supplied by th6 company, net of value added tax and trade discounts. page 6
Wattlsham Alrfleld Chlldcare Centra 2. EMPLOYEES 2024 No. 17 Average number of employees 3. PENSION CONTRIBUTIONS 2024 E'er Pension 3,675 3,675 4. TANGIBLE FIXED ASSETS Flxlur•s nd Flttlngs Total Cost Tran8far8 At 3110112024 D•pio¢iatlon For tho yoar At 3110112024 N•t Book Amount• At 3110112024 5,862 5.862 5.862 5,862 3,213 3,213 3,213 3,213 2.649 2,649 5. CREDrroRS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 Taxallon and soclal security Other creditors 730 4,072 4,802 pago 7
Wattlsham Airfiold Childcare Centre 6. PROVISIONS FOR UABILITIES 2024 Pensions 625 625 7. LIMrrED BY GUARANTEE The company Is Ilmlted by guarantee and does not have a sharB capltal. Each member gives a guarantee to contribute sum not &xceedlng £, to the company should it be waund up. At 3110112024 there were members. 8. UNRESTRICTED FUNDS Brought Incomlng Outgolng Transfor8 Carrled forward ra8ource8 rnsources forward General fund 60,737 60,737 286,799 286,799 271,969 271,969 75,567 75,587 AumUlated GPF 9. RESTRICTED FUNDS Brought Incoming Outgolng Transf•rs Carrl8d forward resources rosources forward Resources SEN Redundancy 2.405 6,531 13.925 22.861 {1.990) {13.217} 1.362 1,836 13.925 17,123 8,522 9,469 (15,207) Re$our¥ Resour page 8
Wattlsham Alrtlald Chlld¢aro Contro Incomlng Resource8 for tho yaar anded 3110112024 2024 Incomlng resources Ineomlng re80urce8 from generated fundo Grnnts SCC Funding 107.061 107.061 107.061 Chlldcare Fees Chlldcare Fee8 161,875 161,875 Fundraising Fundralsing 1,482 1.482 163,357 Oth•r Incomlng R•sourc•8 Donation8 25,850 25,850 296,268 page 9
Watti8ham Alrlleld Chlldcara C8ntra Expenses for th8 yoar onded 3110112024 2024 Expons•s cts of generatlng funds Costs Of Generating Voluntary Income Purchases M888y Play Items Teachlng Resource8 Arts & Crafts 4,659 234 6,764 735 12,392 12,392 Charitablo A¢tivitie8 Chlldcara Fees Cleaning Repair8 and renewa18 Premlses Expensos SSP r6clalmed General wages NIC 8mploy8r (wages and salar18$) Eor Pènsion staff welfare Kltchen Equlpment Recfuthent Tralnlng Equipment rental Computsr costs Accountancy fees Professional fees Insurancé Workwear Grocerles Stationery & office suppllas Healthcare Sundry tools and maintenance Subscriptions Sundry expensgs Depreclatlon of fixtures and fittings 24 1.505 301 {2.2571 241,253 7,755 3,675 93 488 91 340 692 388 400 3,229 2,344 68 7,849 2,032 1,557 66 924 106 1,451 274,374 Governancè Costs Adverdsing 410 410 287,176 page 10