OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-08-31-accounts

Tracking ID: 1000155-1248487

Charity registration number 1069990 Company registration number 02784445 (England and Wales)

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees S J Cornwall
M Edge (Appointed 15 December
2025)
Secretary S J Cornwall
Country of incorporation United Kingdom 02784445
(England and Wales)
Charity registration England and Wales 1069990
Principal address Highfield Lawn
Field Lane
Fakenham
Norfolk
NR21 9QR
Registered office Highfield Lawn
Field Lane
Fakenham
Norfolk
NR21 9QR
Independent examiner Mapus- Smith & Lemmon LLP
48 King Street
Kings Lynn
England
PE30 1HE

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

CONTENTS

Page
Trustees report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 17

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The charity's object and its principal activity continues to be that of providing child care facilities in the Fakenham area. The organisation provides day care facilities for children up to 14 years of age including special facilities for six babies.

The main aims of the charity are;

  1. To provide affordable, flexible and inclusive, good quality childcare and education for children that live in the Fakenham and District area.

  2. To provide a service that meets the needs of our families and enables parents to leave their children feeling confident and reducing anxiety in their childcare arrangements.

  3. To provide a curriculum in which the welfare, security and development of children is of primary importance. Encouraging all children to grow and develop at an individual pace, promoting an awareness of their selfworth and expanding their understanding of themselves and of others around them and to be a valued and valuable member of our Centre and our community.

  4. To create an environment which feels like home and to provide an extended family environment.

  5. To make provision, regarding the diverse needs of the community, embedding British Values. To actively consult parents, schools and outside agencies involved with any child in our care, ensuring that they meet their own unique potential. Recognising that each individual child has different needs relating to personal characteristics and pre-school experiences and that such needs require early identification, in order to build a programme of ongoing development through positive assessment.

  6. Create a loving and secure environment, through cultural capital, where making choices, mistakes and trying things out are valued and celebrated. Where promoting independence of action and thought are encouraged, building children’s confidence in all activities and providing opportunities for play and talk through observing, imagining, experimenting, exploring, identifying, choosing and practising.

  7. Praise and encourage good behaviour building self-esteem, fostering a caring attitude towards others and their property. Learning to value everyone regardless of gender, race, class or disability, ensuring that all children have equality of opportunity and access to a broad, balanced, relevant and different curriculum, within a safe, secure and stimulating environment.

  8. Providing an environment where the process of learning is celebrated for children and adults alike. Students and children benefit from the experience and skills of more knowledgeable others who support them to achieve their goals.

  9. To promote well-being and respect.

  10. To equip our children with skills for learning, life and work, ready to actively grasp and follow their dreams in the future.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Achievements and performance

Significant activities and achievements against objectives

Fakenham Children's Daycare Centre continues to support families with outstanding care and education for children aged 0-7 years, including respite for a small number of children during the school holidays.

Transitions to schools and between rooms have been successful with professionals working together to meet the needs of individual children.

In September 2024, government funding came into force for working families with children aged 9-24 months. Fakenham Children's Daycare Centre remains full in all three rooms with a waiting list for babies until September 2027.

We retained our Environment Health award of full 5 stars, following a routine inspection in October 2024.

Members of the management team remain involved in consultation groups with professionals from a wider field to enhance and improve early years. Fakenham Children's Daycare Centre have been involved in the publication of a new ordinarily available provision toolkit to support practitioners and families with children's learning and development.

Fakenham Children's Centre continues to support students from both the local school and colleges. Students have been awarded a range of qualifications including two level III early year educators and one early years teacher.

Financial review

Reserves policy Review of the financial position of the charity and reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

At the year end, the charity had total funds of £309,281 (2024 £253,561). The present reserves held is £220,190 (2024 £154,017) unrestricted reserves and £89,091 (2024 £99,544) restricted reserves. The free reserves held is £196,296 (2024 £133,062).

Major risks Risk Management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risk.

Plans for future periods

We intend to continue to work with training bodies and local colleges to offer apprentices and long term college placements.

We hope to enhance our outside learning spaces to promote play and wellbeing.

We plan to maintain and decorate the outside of the centre with new doors to enhance security.

Structure, governance and management

The charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

G B Allcock (Resigned 31 December 2025)

S J Cornwall M Edge (Appointed 15 December 2025)

Recruitment and appointment of trustees

New trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. These training sessions cover -

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational structure

The charity is organised so that the trustees meet regularly to manage its affairs. The trustees delegate the day to day responsibility to a centre manager.

The remaining staff employed at the centre provide a pre school breakfast club, care for young children during the day and after school facilities until 6.00 pm in the evening.

The trustees report was approved by the Board of Trustees.

..............................

S J Cornwall

Trustee

Date: ............................................. 28/05/2026

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

I report to the trustees on my examination of the financial statements of Fakenham Children's Daycare Centre Limited (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

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

I have no concerns 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 financial statements to be reached.

Mrs Sharon Edwards, F.C.A. Mapus- Smith & Lemmon LLP

48 King Street Kings Lynn PE30 1HE England

Dated: ......................... 28/05/2026

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
2
291
5,130
Charitable activities
3
499,366
-
Other trading activities
4
4,111
-
Investments
5
28
-
Other income
6
-
3,230
Total income
503,796
8,360
Charitable activities
7
437,623
18,813
Net income/(expenditure) and
movement in funds
66,173
(10,453)
Reconciliation of funds:
Fund balances at 1 September
2024
154,017
99,544
Fund balances at 31 August
2025
220,190
89,091		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
5,421
-
-
499,366
410,067
-
4,111
2,014
-
28
-
-
3,230
-
500
512,156
412,081
500
456,436
372,602
4,788
55,720
39,479
(4,288)
253,561
114,538
103,832
309,281
154,017
99,544		 Total
2024
£
-
410,067
2,014
-
500
412,581
377,390
35,191
218,370
253,561

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

BALANCE SHEET

AS AT 31 AUGUST 2025

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
17
Unrestricted funds
18		 2025
£
23,047
186,287
209,334
(13,038)		 £
112,985
196,296
309,281
89,091
220,190
309,281		 2024
£
23,841
116,036
139,877
(6,815)		 £
120,499
133,062
253,561
99,544
154,017
253,561

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

28/05/2026

The financial statements were approved by the trustees on .........................

..............................

S J Cornwall

Trustee

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

Fakenham Children's Daycare Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Highfield Lawn, Field Lane, Fakenham, Norfolk, NR21 9QR.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.5 Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is recognised when a liability is incurred. Contractual arrangements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that result in the payment being unavoidable.

Costs of generating funds are those costs incurred in trading activities that raise funds.

Charitable activities are those costs incurred by the charity in meeting its charitable objectives.

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with the constitutional and statutory requirements.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings 2% straight line Plant and equipment 20% reducing rate Fixtures and fittings 20% reducing rate Computers 20% reducing rate Motor vehicles 20% reducing rate Play equipment 20% reducing rate

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Donations and grants

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
291
1,100
Grants
-
4,030
291
5,130
Grants receivable for core activities
Norfolk County Council
-
4,030
-
4,030		 Total
2025
£
1,391
4,030
5,421
4,030
4,030		 Total
2024
£
-
-
-
-
-

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

3 Income from charitable activities

2025 2024
£ £
Nursery fees & funding 499,366 410,067
4 Income from other trading activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 4,111 2,014
5 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 28 -
6 Other income
Restricted Restricted
funds funds
2025 2024
£ £
Other income 3,230 500

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

7 Expenditure on charitable activities

Provision of Provision of
childcare childcare
facilities facilities
2025 2024
£ £
Direct costs
Staff costs 368,429 309,970
Depreciation and impairment 9,846 8,513
Playgroup Materials 25,603 18,556
NNDC 3,926 2,713
Uniform 706 -
Utilities 6,482 4,001
Phone & Internet 2,026 1,943
Repairs & Renewals 7,046 3,716
Cleaning 9,088 9,295
Insurance 2,383 2,339
Training 3,071 320
Motor Expenses 2,886 1,829
UK Safety 547 -
Pest Control 60 -
Sundry 1,453 1,377
443,552 364,572
Share of support and governance costs (see note 8)
Support 4,321 3,693
Governance 8,563 9,125
456,436 377,390
Analysis by fund
Unrestricted funds 437,623 372,602
Restricted funds 18,813 4,788
456,436 377,390
Support costs allocated to activities
2025 2024
£ £
Office Costs 3,758 3,042
Bank Charges 563 651
Governance costs 8,563 9,125
12,884 12,818
Analysed between:
Provision of childcare facilities 12,884 12,818

8 Support costs allocated to activities

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 2,050 2,050
Depreciation of owned tangible fixed assets 9,846 8,513

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

11 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
26
2025
£
329,631
25,532
13,266
368,429		 2024
Number
19
2024
£
281,440
18,304
10,226
309,970

There were no employees whose annual remuneration was more than £60,000.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

13 Tangible fixed assets

Cost
At 1 September 2024
Additions
At 31 August 2025
Depreciation and impairment
At 1 September 2024
Depreciation charged in the year
At 31 August 2025
Carrying amount
At 31 August 2025
At 31 August 2024		 Freehold
buildings
Plant and
equipment
Fixtures and
fittings
Computers
£
£
£
£
170,141
9,440
30,915
638
-
-
1,272
1,060
170,141
9,440
32,187
1,698
80,479
6,916
13,751
179
3,403
505
3,531
269
83,882
7,421
17,282
448
86,259
2,019
14,905
1,250
89,662
2,525
17,164
459		 Motor
vehicles
Play
equipment
£
£
22,065
41,146
-
-
22,065
41,146
20,349
32,172
343
1,795
20,692
33,967
1,373
7,179
1,716
8,973		 Total
£
274,345
2,332
276,677
153,846
9,846
163,692
112,985
120,499

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

14 Debtors

Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
15
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
16
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
20,027
3,020
23,047
2025
£
6,817
445
4,576
1,200
13,038
2025
£
13,266		 2024
£
20,543
3,298
23,841
2024
£
4,626
475
458
1,256
6,815
2024
£
10,226

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 Incoming Resources At 31 August At 31 August
September resources expended 2025
2024
£ £ £ £
Freehold building - Daycare centre Highfield
Lawn, Fakenham 89,662 - (3,403) 86,259
Playgroup Equipment - Tables and chairs 475 - (95) 380
Tesco Grant - Fencing 524 - (105) 419
Donation towards Water Tower 53 - (10) 43
Donation towards Wooden Gazebo 131 - (26) 105
Apprenticeship funding - 3,230 (3,230) -
Tesco Grant - Fridge 111 - (22) 89
New slide 1,024 - (205) 819
Sustainability grant 7,564 - (6,587) 977
NCC - Grant for kitchen expansion - 4,030 (4,030) -
Donation for new fence - 1,100 (1,100) -
99,544 8,360 (18,813) 89,091
Previous year: At 1 Incoming Resources At 31 August
September resources expended 2024
2023
£ £ £ £
Freehold building - Daycare centre Highfield
Lawn, Fakenham 93,065 - (3,403) 89,662
Playgroup Equipment - Tables and chairs 594 - (119) 475
Tesco Grant - Fencing 655 - (131) 524
Donation towards Water Tower 66 - (13) 53
Donation towards Wooden Gazebo 164 - (33) 131
Apprenticeship funding - 500 (500) -
Tesco Grant - Fridge 139 - (28) 111
New slide 1,280 - (256) 1,024
Sustainability grant 7,869 - (305) 7,564
103,832 500 (4,788) 99,544

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

17 Restricted funds

(Continued)

The Daycare Centre's main building, address Highfield Lawn, Field Lane, Fakenham, Norfolk NR21 9QR has been funded with money which means the building can only be used for the purpose of providing day care services to children under the age of 14. The building can not be sold on for any other purpose. Depreciation and property improvements will be the only movements against the restricted funds value in relation to this building.

The playgroup equipment consists of tables and chairs which were funded by a grant received from North Norfolk District Council in January 2017 to improve facilities at the playgroup.

Tesco's donated £2,000 for fencing panels to be constructed around the premises.

The parents donated £200 for a water tower to improve the facilities at the playgroup.

The wooden gazebo was purchased using a £500 donation and £250 from fundraising, the gazebo was purchased to replace the princess tower.

The apprenticeship funding was received from the College of West Anglia to be used towards the costs of employing apprentices.

Tesco's donated £269 for a new fridge.

Norfolk County Council £8,000 Sustainability Grant, to contribute towards the costs of equipment and operational costs.

Norfolk County Council £4,030 grant to fund the kitchen expansion.

Anglia Maltings donated £1,100 for a new fence.

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 Incoming Resources At 31 August
September resources expended 2025
2024
£ £ £ £
General funds 154,017 503,796 (437,623) 220,190
Previous year: At 1 Incoming Resources At 31 August
September resources expended 2024
2023
£ £ £ £
General funds 114,538 412,081 (372,602) 154,017

Tracking ID: 1000155-1248487

FAKENHAM CHILDREN'S DAYCARE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

19 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 August 2025:
Tangible assets
23,894
89,091
Current assets/(liabilities)
196,296
-
220,190
89,091
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 August 2024:
Tangible assets
27,297
93,202
Current assets/(liabilities)
126,720
6,342
154,017
99,544		 Total
2025
£
112,985
196,296
309,281
Total
2024
£
120,499
133,062
253,561

20 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).