COMPANY REGISTRATION NUMBER: 03251011
CHARITY REGISTRATION NUMBER: 1074899
Osborne House Community Nursery Ltd
Company Llmited by Guarantee
Unaudited Financial Statements
30 September 2024
ALLEN, WEST AND FOSTER
Chartered accountants
Omega Court
364-366 Cemetery Road
Sheffield
S118FT

Osborne House Communlty Nursery Ltd
Company Limlted by Guaranlee
Financial Statements
Year ended 30 Séptember 2024
Page
Tru8tees' annual rèport Ilncorporatlng the dlrector's report)
Independent examlner's report to the Injstees
Statement of financlal actlvltles (includlng income and expendlture a¢¢ountl
Statement of flnan¢lal posltlon
10
Notas to the flnancial statements
11

Osborne House Communlty Nursery Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating Ihe Director's Report)
Year ended 30 September 2024
The truslees, who are also the directors for the purposes of company law, present their report and the
unauditèd financial statements of th6 charity for the year ended 30 September 2024.
Refarèneé and admlnlstratlvo dètalls
Raglstered charlty name
Osborne House Communlty Nursery Ltd
Charlly reglstrallon number
1074899
Company r•glstratlon number 03251011
Prlnclpal offlco and reglstared 5 Minto Road
olllce
Sheffield
S8 4GJ
The tru8tee8
A Willoughby
S Wray
J Nolan
F Bursell
E Ochoa
A Wlsh
B Chapple
C Gonzalez
(Resigned 25 Aprll 20251
{Appolnled 1 November 20231
{Akwlnled 12 Oclob&r 20231
{Appoinled 12 October 20231
{Appoinled 25 April 20251
{Appolnled 6 June 20251
Cornpony 3ecrgtsry
Wosskow 8rown
Indopendent 8xamlner
Stephen Allen ACA FCCA
Omega Court
364-366 Cemetery Road
Sheff ield
S11 8FT

Osborne House Community Nursery Ltd
Company Limiled by Guarantee
Trustees, Annual Reporl (Incorporatlng Ihe Direclor's Report) (contlnued)
Year ended 30 September 2024
Structure, governance and rnanagement
Governlng documont
As a charity and company limiled by guarantee we are govemed by a Memorandum and Articles of Association.
Appolnlrnent ol manag8m8nl commltteo
Members of the management commlttee shall be known as Irustees for the Purpose of charity law. Ther& is no
maximum number of trustees. but the minimum number required is 3. The board may appoint persons as
members of the board elther to fill a vacancy or as an additlonal member. The board wlll actlvely seek lo recruit
mèmbers from the local communlty as well as from parents of chlldren attendlng the nursery.
Trusteè Inductlon and Iralnlng
All trustees are 8ncourag8d to attend short tralnlng sessions to familiarise themselves wllh th8 charSly and the
context wllhln whlch it operates. These cover
The obligations of the board of trustees.
The maln documents whlch sel out the operalional framework of the charlty includlng the
Memorandum & Artlcles.
The resourcing of funding, and the current financial position as sel oul In the latest published flnancla
slatements.
Future plans and objecllves.
Safeguarding pollcy and OFSTED guSdellnes.
R19k management
The tru8lee8 actively revlew the malor rlsks whlch the charlty faces on a regular bagls. The trustees have
ensured that reserves have been topped up and protected after they became insuff icienl durlng the pandemic In
2020, and this has put the business in a stronger position. There is also a national crisis in Ihe childcare sector,
the shortag8 ol qualified EYFS praclllloners in the market means that churn and recruitment is a challenge. The
Iruslees will monitor the impact of this on the setting and work wllh management to resolve on a sustalnable
solution. The trustèes have also examined other operational and busines5 rlsks faced by the charity and
attempted to act swrftly to mltigale any significanl risks.
Organlsatlonal structure
The board of trustees meet at règular inteNals during the year and are responsible for the strateglc direction
and policy ol the charlly.
Day-to-day responslbillty for the provision of services rests with nursery manager, Andrea Young who is
responsible for ensuring that the charity delivers the services specified and that key perfomiance Indicalors are
rnel. The manager a150 has responsibllity for the day-lo-day adrninislrative and financial 0￿ratIOn of the
organisation including idenllfying, oblaining, and managing funding incorne.

Osborne House Community Nursery Ltd
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Direclor's Report) (contlftuad)
Year ended 30 September 2024
Related partles
The trustees consider that there are no related party transactions in the year under review
Oblectlves and acllvltleg
The principal activity of the charity Sn the year under review was lo provide high-quallly care and educatlon, In
accordance with Ofsled regulations, for children aged 3 months lo S years. By providing full day care provision
localed In the heart of the Hlllsborough district In Sheflield we enable parenlslcarers lo advance ihrough further
education or to seek paid employment, knowing that Iheir children are safe and secu￿.
We have links with the local Chlldren's Cenlre. Thls enables us to signpost parentslcarers to activities within
our locality e.g. breastleedlnglbaby massage clinics and numeracy and literacy classes lor adults.
The oblecllves set out by the board of trustees for th8 year In quesllon were..
Conllnue lo review the changing requirernent of parents and care glvers.
Conllnue belng In surpluslbalanced funds for another 12 months.
Continue lo monitor and further review our outgolngs.
Maintaining recrullment of new families.
Even though the website has been relaunched. we will continue improving our online presence and
physical appearance.
Recruit addillonal trustees.
Monltor our stafflng approach, so that we can run more efflclently and cost effectlvely.
Look for mora innovatlve ways to fundralse and creale revenue from the nursery bulldlngs.
Continue top up of reserves account.
Look to the future, Should we think about securing a repaymenl mortgage rather Ihan Interest only?
Conllnue to adlust staff salarfes In Ilne wlth NLW and lees.

Osborne House Community Nursery Ltd
Company Limiled by Guarantee
Trustees. Annual Report (Incorporating the Dlrector's Report) (eonllnued)
Year ended 30 September 2024
Achlevements and pertomiance
We have 4 new fully onboarded trustees in addition to the èxisting trustees, this makes 6, which is a great
opportunity lo add a breadth of Inslght and experience to Ihe board. We look forward lo growing the board
further through this year.
Once again, we are able to reflect on another steady year al the Nursery, going from strength to strength within
the team and occupancy of the rooms.
Occupancy has been great all year. especially after September 2024 school starters, and wilh a vlew to
September coming Iwhere we have 20 going lo school), things are still looking OK. With an Avr. at the nursery
being 65¥0 increasing to 68¥0 after April.
We have also achlev8d a f8w of the obl8CtSv8S W8 $81 out to complete In our busSness plan and last AGM
agenda..
Funding success via the Tramlines funding grant - £500 -10 use for gardening project in Spring
Flnance duties are In hand wlth part tlme resource, meaning the team are able to locus on th&lr day
lobs
Our website has been relaunched
Updated our ancient planning permi55ion to cover more current ways of running
We have been able lo conllnue lopplng up reserves over the last year, whlch wlll ulllmately protect the flnanclal
prollle of the Nursery and resilience going forward. Howevèr, we are looking al a couplè of significant
oulgoings, these belng the Boiler which needs replacing and the large increase in Employers national insurance
{13.8°A to 15Y•l taking place in April.
In-llne wllh the National Llvlng Wage we ralsed wages in January 2025 - In a compellllve marketplace where
recruitment Is difficult and the cost of living is not gelllng easier., this decision should hopefully help us keep up
wllh a realislic market value.
Due to these financlal impacts, we have also taken thè declslon to increase Nursery fees, introducing a slngle
rate that is applicable lo all age groups. Which simplifies the feè structure lor all.
This is particularly relevant now Ihat Funded Early Years subsidies for all infants over 9 months has largoly
b8en rolled out Nalionwide. We will keep an eye on thls and ils impact on the support the Nursery receives.
Finally, OFSTED will be due in the firsl half of this year, which we are confident will run smoothly as the whole
team al Osborne House Nursery are doing an incredible job.

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) (continued)
Year ended 30 September 2024
Flnanclal r8vlew
The results for the year ended 30 September 2024 are summarised in the stal8ment of Ilnancial activities on
page 9. The net surplus for th8 year Is £64,35612023'. Surplus of £17,832) and unrestricted reserves stood at
£330,842 {2023.' £266,486) of which £167,531 Is Sn respect of a pre-FRS102 revaluation of the freehold
propety.
Prlnclpal lundlng sources
The prlncipal fundlng source for the charlty, apart from fees for servlces. Is cJJrrently grant Income from
Sheffield City Council.
RaseThe pollcy
It is the pollcy of the charity to build up the unrestricted lunds lo a level whlch equates lo approxlmalely 3
months of unrestricted expendrture. Thls provides sutticient lunds to cover management administration and
8UPPOrt costs. For the year to 30th September 2024, the target for unrestricted reserv8s was £103,170 and
aclual reserves were £330.842 giving an excess of £60.141 after allowing £167,531 01 property revaluatlon
reserve.
Plans lor lutur8 perlod8
Our aim for 202412025 is to continue running the nursery as efficiently as possible, whlle making it an attractive
place to work and offer competitive childcare facllllies in the local area. We aim lo do thls by..
To continue monitoring business running costs. reducing where necessary.
Malntain bulldlng our flnanclal reserves lo shore up the future of tha nursery
To malntaSn an average 68% occupancy.
To Continue strengthening the current team and staff retention..
To recrull additional trustees.
To create addltlonal fund-ralslng opportunStles.
To maintain our oulward-facSng approach.
To progress the potential flnanclal galn from the property-
Plan In 'Gather and Grow, sessions for 2025 to refresh gardens and painting.
Coordlnale our natur8 project to updatè and regenerate the land in front of Big Noahs.
Review impad of FEL for all ages groups.

08bOr￿ HOU￿ Communlty Nursery Ltd
Company Llmlled by Guaraniee
TN•tses' Annual Report (IncorporAllng the Dlrèctor'g Repart) leon￿n￿•￿)
Year ended 30 Sepiember 2024
Ew•nl• alt* lh• •nd ol lh• r•portlng p•rlod
bala￿9 ¥hp•l dAIo, Ing UK wlll have f•ll8cl•d upon a r8p)rt•d short rèco$8lon and lh• govornmenl
aro &XPfrCted to oall LILYoniillg 01golioii whlcli MAY alleoi Ilit) iolluul and conili)ued Pro￿810￿ ol FEL lundlnq
OAIty yws 8•tlln9$, Su ive wlll 1gvIo1¥ th& Iinpaoi ol th898 ev&nts s&paral&ly. Th& company h48 somg cash
lo aci 45 a eushi¢%n agali)81 aiiy delgiloiailoti In Ilib Iiadlng poslllon In Iho short lo medium tèrm and
rt¥ conllniio to 1oduo• co319 wh•iov0r posslbto, Thly 18 a a non.adlusilrw ovgnl and an 8sttmalo ol Ihe
￿n4￿141 iTripaol on Iho ¢ompany oanntsi b• mid•,
Smill oornpany provlslon•
Thls
cc¥npaT)I
De(•ii pr•parpd In aeoordanco wllh th• pro¥lilon8 appllcablè lo companlos oni111￿ to lh• small
elompliL)Th
Thol
g'annual ropofl appiov¥d on 24 Jun• 2025 and slgn•d on bghall of lh• board ol InJAw$ by..
Awil
Titssi
uhby

Osborne House Community Nursery Ltd
Company Limiled by Guarantee
Independent Examiner's Report to the Trustees of Osborne House Community
Nursery Ltd
Year ended 30 September 2024
I report to the Irustees on my examination of the financial statements of Osbome House Communrty Nursery
Ltd Ilhe charity'l for the year ended 30 September 2024.
Responslbllltles and basls of report
As the Iruslees of the company {and also ils directors for the purposes of company lawl you are responsible for
the preparation of the financial statements in accordanc& with thè requSrements of the Companies Act 2006
Ilhe 2006 Act'l.
Having satisfied myselt Ihal the accounts of the company are not required to be audited under Part 16 ot the
2006 Act and are eligible for Independent examlnalion. I report in respect of my examlnation of the charlly's
accounts as carried out under section 145 of the Charlllès Act 2011 1.the 2011 Act'l. In carrying out my
examlnallon I have followed the Directions given by the Charity Commisslon under section 14515llbl of ihe
2011 Act.
Indopendent èxamlnorfs slalemenl
Since the charity's gross income exceeded £250,000 your examlner must be a member of a body Ilsted In
section 145 of the 2011 Act. I conflrm that l am qualified to undertake the èxaminatlon because l am a member
of the Insliluie of Chartered Accounlants In England and Wales {ICAEW), whlch is one of the listed bodies.
I have Completed my examlnatlon. I conflrm that no matters have come lo my altenllon in connectlon with the
examlnatlon giving me cause to believe:
accounllng records were not kept In respect of the charity as required by secllon 386 of the 2006
Act., or
the flnandal statemènts do not a¢¢ord wilh those records; or
the flnanclal statements do not comply wlth the accounting requiremenls of section 396 of the 2006
Act other than any requirement that the accounls gNe a 'true and fail vlew whlch Is not a matter
considered as part of an independenl examination., or
the financial statements have not been prepared in accordance with the methods and prlnciples ol
the Statement ol Recommended Practice for accounllng and reporting by charllSes applicable lo
charities preparing Ihelr accounts In accordance with the Financial Reportlng Standard applicable In
the UK and Republic of Ireland IFRS 1021.

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Osborne House Community
Nursery Ltd {continued)
Year ended 30 September 2024
I have no concerns and have come across no other matters in connection with the examination to whlch
attentlon should be drawn in this report In order to enable a proper understanding of the accounts to be
reached.
Stephen Allen ACA FCCA
Independent Examiner
Omega Court
364-366 Cemetery Road
Sheffield
S118FT
24 June 2025

Osborne House Community Nursery Ltd
Company Llmited by Guaranlee
Statement of Flnancial Activities
(Including income and expendlture account)
Year ended 30 September 2024
2024
Unrestricted
funds Tolal funds
2023
Total funds
Nole
Incoma and 8ndowmèntg
Donations and legacies
Charitable activities
Inv8Stment Income
150,012
326.164
862
150,012
326,164
83,307
303,514
472
Total Income
477.038
477,038
387,293
Expendlture
Expenditure on charitablè a¢tlvllle$
Totsl expendllure
412.682
412,682
412,682
369,461
412,682
369,461
Nol Income and net mov•m8nl In fundg
64,358
64,356
17,832
Reconclllallon ot lund3
Total funds brought lorward
Total lunds carrled forward
266,486
330,842
266,486
330,842
248.654
266,486
The statement of flnanclal aclivlties Includes all gains and losses recognised In the year.
All income and expenditure derive from contlnuing acllvllles.
The notes on pages 11 to 17 forrn part of these financlal slaternents.

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Statemenl of Financlal Position
30 September 2024
2024
2023
Nole
Fixed assets
Tangible lixed assèts
14
293,348
294.466
Current assets
Debtors
Cash at bank and In hand
15
3,993
157,282
161,275
331
96,100
96.431
Credllors: amounts tslllng due wllhln one year
Net curront assets
16
19.654
20,284
141,621
76,147
370,613
Tolal assets1058 current IlabllHles
434,969
Credltors: •mounl8 lalllng du8 after more than ono yoar
Not asset•
17
104,127
330,842
104,127
266,486
Funds ot the charlty
Unrestricted funds
330,842
330,842
266,486
Total charlty lunds
19
266,486
For the year ending 30 September 2024 the charlty was entitled lo exemption from audit under secllon 477 of
the Companies Act 2006 relatlng to small companles.
Directors. responsibilities:
The members have not requlred the company to obtain an audlt of its financial slalem8nts for Ihe year In
quesllon In accordance with sectlon 476.,
The dlrèclors acknowledge theSr responsibilities for complylng wlth the requirements of the Acl wllh
respect to accounting records and the prèparalion of flnanclal statements.
These flnanclal slalemenls have been prepar8d In a¢¢ordan¢e with the provlslons appllcable to companies
subject to the small ¢ompanie8' regime.
These financial statemènts were approved by the board ol trustees and aLrthori8ed for Issue on 24 June 2025,
and are signed on behalt of the board by:
A Willoughby
Trustee
The notes on pages 11 to 17 lorrn part ot Iheso flnanclal statements.
10

Osborne House Community Nursery Ltd
Company Llmlted by Guarantee
Notes to the Financlal Statements
Year ended 30 September 2024
Gèneral informatlon
The charity is a public beneflt &ntrty and a private company Ilmlted by guarantee, registered in England
and Wales and a registered charlty in England and Wales. Th6 address of the registered office is 5 Mlnto
Road. Sheffield, S6 4GJ.
Statemenl of compllance
These financial slalements have been prepared In compllan¢e with FRS 102, 'The Financial Reporting
Standard applicable in the UK and tho Republic ol Ireland.. Ihe Statement of Recommended Practlce
applicable lo charilles preparing their accounts in accordance with the Flnancial Reporting Standard
applicable In the UK and Republlc of Ir8land IFRS 102) {Charftl8s SORP IFRS 102)) and the Companles
Acl 2006.
Accountlng pollcl•8
Ba819 ol preparatlon
The financial statements have been prepared on the hislorlcal cost basis. as modlfied by the revaluation
of certain financial assèts and Ilabilllles and investment propertles measured at falr value through income
or expenditure.
The financlal statements are prepared in sterling, which is the functional currency of the entlty.
Golng concern
There are no malerlal uncertalnlles about the charlly's ability to continue.
Dlgclosure exempiiong
In line with the Charities SORP IFRS1021 Update Bulletln 1..
lal No cash flow slalement has been presented for the company.
Judgements and key 80urco9 of esllmatlon uncertalnty
The preparatlon of the financial statements requires managèment lo make judgements, estimates and
assumpllons that affect the amounts reported. These esllmates and judgements are conllnually reviewed
and are based on experience and other factors, including expectations of future events that are believed
to be ￿aSOnable under the circumstances.
Fund accounllng
Unrestricted fund$ are available for use al the discrelion of Ihe trusteès to further any of the charity's
purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commilment.
Restricted funds are subjected lo restrictions on thelr expenditure declared by the donor or through the
tems of an appeal, and fall Snto one of two sub-classes.. restricted income funds or endowment fund5.
11

Osborne House Community Nursery Ltd
Company Llmlted by Guarantee
Notes to Ihe Flnanclal Statements (c0ntlft￿d)
Year ended 30 Seplember 2024
Accountlng pollcl88 (conllnuod)
Incomlng resources
All incoming resources are included in the statement of financial activitie5 when entitlement has passed to
the charlty., It Is probable that the economic beneflts associated with the transaction will flow to the charlty
and the amount can be rellably measured. The following specific pollciès are applied to particular
categories of income:
Income from donations or grarrts is recognised when there is evidence ol entitlement to the gift.
receipt is probable and its amount can be measured rèliably.
legacy Income Is r6cognised when recelpl is probable and 8ntitlem8nl is èstabllshed.
in¢ome from donated goods is measured at the falr value of the goods unless this is impractical lo
measure reliably, In which case Ihe value Is derivèd from the ¢osl lo the donor or the esllmaled
resale value. Donated facilltles and servl¢es are re¢ognised in the accounts when received If the
value can be ￿liablY measured. No amounts are Includ8d for th8 Conlrlbution of general volunteers.
income from contracts for the supply of $ervlces 18 recognised with the delivery of the contracted
service. This is classilied as unrestricted funds unless there is a contractual requirement for it to b8
spent on a partlcular purpose and returned if unspent. in which case il may be regarded as
reslrScted.
Resources 8xp8nded
Expendlturè Is recognlsed on an accruals basls as a liability is incurred. Expendllure includès any VAT
which cannot be fully recovered, and is classifled under headings ol the statemenl of finan¢lal activities to
which it relates:
exp9nditu￿ on raising funds includ8s the costs of all fundralslng a¢tivltle$, events, non-charilable
trading acllvllies. and the sale of donated goods.
expenditure on charllable a¢tlvilies includes all cosls Incurred by a charity in undertaking a¢tivltles
that further ils charitable aims for the benelit of its b6neflclarles, including those support Costs and
costs relallng lo the governance of the charity apportloned to charitable activities.
other expenditure includes all expenditure that is neither related lo raising funds for the charity nor
part of Sts expendllure on charStable actlvities.
All costs are allocated lo expenditure calegories reflecilng the use of the resource. Direct costs
attributable to a slngle activity are allocated directly lo that activity. Shared costs are apportioned be￿een
the activities they contribute to on a reasonable, justifiable and consistent basis.
Tanglbl8 assets
The trustees agreéd that the market value of the land and property remalned at £290,000 as at 30
September 2024.
12

Osborne House Community Nursery Ltd
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (conllnued)
Year ended 30 September 2024
Accountlng pollcies (conllnued)
Dapreelatlon
Depreclatlon Is calculated $0 as to write off the cost or valuation of an asset, less ils resldual value, over
the useful 6conomic lifè of that asset as follows:
Office Equipment
Toys & other equipm8nl
25Vo reducing balance
25Vo reducing balance
Impalmiont ol fixed 888gtg
A review for Indicators of Impalrment Is carrfed out al each reportlng dale. wllh the re¢overable amount
being esllmaled where such indicators exisl. Where the carrylng value exceeds the recoverable amount.
the asset is impaired accordingly. Prlor Impalmenls are also revlewed for posslbla reversal at èach
reporting date.
For the purposes of Impalrment lestlng. when11 Is not po$sible lo e$ismate the recoverable amount of an
individual asset, an estimate is made of the recoverable amount ot the cash-generaling unll lo whlch the
asset belongs. The cash-generatlng unit is the 5rnallest identifiable group of assets that Includes the asset
and generates cash inflows that largely Independent ol the cash inflows from other assets or groups of
assets.
For impairment testing of goodwill, the goodwill acquir8d In a busSness comblnalion is, from the acquisition
date, allocated lo each of the cash-generating units that are expected lo benefit from the synergles ol the
comblnallon, IrreS￿etiVe of whether other assets or liabilities of Ihe charity are assigned lo those unlts.
Flnanelal In$trum8nls
A flnancial asset or a financial liability is recognised only when the entlty becomes a paty to the
contractual provisions of the instrument.
Baslc Ilnanclal inslrumenls are Inltlally re¢ognl8ed al the amount recaivable or payable including any
related transacilon costs, unless the arrangement constllules a financlng Iransacllon, where il is
recognised al the presenl value ot the futurè payments dlscounl8d al a market rale of Inlère$l for a similar
debt instrument.
Currènt assèts and current liabilities are subsequently meaSu￿d at the cash or olh8r conslderallon
8xpecled to be paid or receive(1 and not discounted.
Dellned conlrlbutlon plans
Contributions to defined contribution plans are recognised as an 8xpens8 in thè periTrJ in whi¢h the
related seNice is provlded. Prepaid conlribullons are recognised as an asset to the exlenl that the
prepayment will lead to a reduction in future payments or a cash ￿und.
When contributions are not expected to be settled wholly within 12 months of the end ol the reporting date
in which the employees render the relaled service, the liability is measured on a discounted present value
basi5. The unwinding of the discount is recognised as an expense in the period in which il arises.
13

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Notes lo Ihe Financlal Statements (conllnued)
Year ended 30 September 2024
Llmlted by guarantse
The company is limiled by guarantee and as such ha5 no share capital. The members of the company are
the Iruslees whose liability is a maximum of £1 each.
Donallons and18gacl88
Unre5tricled Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
t>onatlon8
Milk subsidy
1,010
1,010
1,275
1.275
Grants
Grants for nursery services
Other grants
145,696
3,306
150,012
145,696
3,306
150,012
82.032
82,032
83,307
83,307
Charltable acllvltles
Unreslrlcted Total Funds Unrestrfcted Total Funds
Funds
2024
Funds
2023
Fees for nursery services
326,164
326,164
303,514
303,514
Investment Incom•
Unrestricted Tolal Funds Unrestricted Tolal Funds
Funds
2024
Funds
2023
Interest received
862
472
472
Expendltur• on charltablo actlvltlog by lund type
Unreslricled Total Funds Unroslrfcted Total Funds
Funds
2024
Funds
2023
Charltable activities
Support costs
362,838
49,844
362,838
320,876
48,585
320,876
48,585
412,682
412,682
369,461
369,461
14

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Notes to the Flnancial Statemenls (conÉlnuèO)
Year ended 30 Seplember 2024
Expendllure on Charltable actlvltles by actfvity type
Activitles
undertaken
directly Support costs
Total lunds
2024
Total fund
2023
Charitable activities
Governance costs
362,838
39,345
10,499
49,844
402,183
10,499
412,682
365,208
4.253
362,838
369,461
10. Not Income
Net income Is slated alter chargingllcr8dilingl:
2024
2023
08pr8clallon ol langlble fixed assets
1,118
1,496
11. Indep8ndont oxarnln•tlon fee8
2024
2023
Fees payable to the independent examiner for:
Independent examlnatlon of the financial staternents
2,360
2,250
12. Statt cog19
The total staff costs and employee benefits for the reporting perlod are analysed as follows..
2024
2023
Wages and salaries
Soclal security Gosts
Employer conlrlbulions to pension plans
318,886
13,430
5,339
337.655
281,678
10,250
3,789
295,715
The average head count of employees during th8 year was 19 {2023: 191. The average nurnbgr of full-time
equlvalent employees during the year Is analysed as follows..
2024
No.
2023
No.
Number of staff
19
19
No employee received employee beneflts of more than £60,000 during the year12023'. Nill.
13. Trustso remuneratlon and exp8ng89
No remuneration was pald to trustees in the period12023'. NII) nor wèrè any expenses reimbursed to Ihem
12023.. Nill-
15

Osborne House Community Nursery Ltd
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnued)
Year ended 30 Seplember 2024
14. Tanglble Ilxgd assgts
Freehold Toys & other
property
equipment
Office
equipment
Total
Cost
At 1 Oct 2023 and 30 Sep 2024
Depreclotlon
Al 1 Oct 2023
Charge for the year
AI 30 Sep 2024
Carrylng amounl
AI 30 Sep 2024
At 30 Sep 2023
290,000
76,262
16,859
383,121
74,932
334
13.723
88,655
1,118
89,773
75,266
14,507
290,000
996
2,352
293,348
294,466
290,000
1,330
3.136
15. Debtors
2024
2023
Trade debtors
Other debtors
3,971
331
331
16. Credltors: amounts falllng due wlthln one year
2024
2023
Trade creditors
Accruals and deferred Income
Other ¢redllor$
1,524
3,802
15,TlO
19,654
14,318
20,284
17. Credltors: amounts falllng due after rnore thpn one year
2024
2023
Bank loans and overdrafts
104,127
104,127
During the year interest of £8.59312023: £6.736) was paid on the bank loan.
The bank loan is secured on the propety.
16

Osborne House Communlty Nursery Ltd
Company Limlted by Guarantee
Notes to the Flnanclal Statements (continued)
Year ended 30 September 2024
18. Pènslons and other post retlrement beneffts
Defined contrlbutlon plans
The amount recognlsed in income or expendtture as an expense In relation to defined contribution plans
was £5.339 {2023: £3,789).
19. Anatysls Ot ¢h•rltable funds
Unr8$trleled lunds
At
Income Expendltur8 30 Sop 2024
At 1 Oct 2023
General funds
266,486
477,038
1412,682)
330,842
Al
Expendltur8 30 Sep 2023
At 1 Ocl 2022
Income
General funds
248,654
387,293
(369,4611
266,486
20. Analy81$ ot not a8801g bolween fund$
Unreslrlcled Total Fund8
Funds
2024
Tangible flxèd assets
Current assets
Credltors less than 1 year
Creditors greater than 1 year
Nèt a88els
293,348
161,275
{19,6541
1104,127)
330,842
293,348
161,275
(19,6541
(104,127)
330,842
Unreslricled Total Funds
Funds
2023
TangSble flxèd assels
Current assets
Creditors less Ihan 1 year
Credllors greater than 1 year
Not assets
294,466
96,431
{20,2841
1104,1271
266,486
294.466
96,431
120,2841
(104,1271
266,486
17