2020-08-31-accounts

Objectives and	Acbv	itie	s
			8ORP reference
Summary ofthe purposes		of	P ra11r	To provide		good quality care education
the charity as set out	in its			to children		under 5
ovemin document
Summary ofthe main activities in relation to those			Para 1.17and 1,18	Provide care and education to children under the age of5years.
purposes for the public
benefit, in particular,	the
activities, projects or
services identiffed in	the
accounts.
Statement confirming			Para 1.18	The trustees		have regard to the
whether the trustees	have			guidance	issued by the Charity
had regard to the guidance				Commission		on public benefit.
issued by the Charity
Commission on public
benefit

				Para 1.38
Policy on	grant making
				Para 1.38
Policy on	social investment
including	program		related
investment
				Para 1.38
Contribution		made	by
volunteers
Other

chieve	ments and Per	formance
		SORP reference
			Holwell nursery	has provided	care and
			education forover 50families		in the
			local community	in the past year,
Summary	ofthe main	Para 1.20
achievements ofthe 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.

Financial Review
Review ofthe charity's			Para 1.21	81/08/2D26
financial position at the	end
of the riod
Statement explaining the			r ara C22	Reserves are hele toensure continued
policy for holding reserves				service tothe local community.
statin wh the are held
Amount ofreserves held			Pars 1,22
Reasons for holding zero			Para 1.22
reserves
Details offund materially		in	Para 1.24
deficit
Explanation ofany			Para 1.23	None
uncertainties about the
charity continuing as a going
concern
Additional information	(optional)
You ma choose to include		further statements		where relevant about:
The charity's principal
sources of funds (including			Pars 1A7
any fundraising)
Investment policy and objectives including any			Pars 1A6
social investment policy
adopted
A descdption ofthe principal			Para1As
risks facing the charity
Other

Structure, Governa	nce	and Manag	ement
Description of charity's
trusts:
Type ofgoverning document		Para 1.25	Constitution	2QOO
trust deed. ro al charter)
How is the charity		Para 1.25
constituted7
(e g unincorporated
association, CIO
Trustee selection methods		Para 1.25	Elected
including detaiis of any
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
AddiTional information	(optional)
You ma choose to include further statements			where relevant	about:
Policies and procedures adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para i.si
parties
Other

Charl	name			Holwell	Nurse	School
Other name the charlt			uses
Re istered charit		number
Charity's	principal	address		Hotwell	Nursery	School
				Crouch	Lane
				Holwell
				DT95LP

ames	ofthe charity trus	ofthe charity trus	tees who manage	the charity
	Trustee name		Office (Ifany)	Dates acted lfnot forwhole ar	Name to a	of person (or body) entitled int trustee lfa
1	Katie Gardner
2	Kimberley	Adlem
3	Emily Ridout
4
5
6
7
8
10
11
12
13
14
15
16
17
18
18
20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation of such assets
from the charity's own
assets

~ e
				az
							Restricted
				x5	Unraaulctad		Income		Endowment	Total this		Total last
				r0	funds		funds		funds	year		year
					6		6		5	6
Fixed assets					F01		F02		F03			F05
intangible assets Tangible assets			(Note t5) (Note 14)	801 802	36,164					36,164		36,164
Heritage assets			(Note 16)	803
Investments			(Note 17)	804
			Total (bred assets	aoa								36,164
Current assets
Stocks			(Nots 16)
Debtors			(Note 19)	807	3,967					3,967
Investments Cash at bank snd		in	(Note 17.4) hand (Note 24)	808			11,231			31,	0	24,460
		Total current assets		810	2	&3		31		35,617		25,326
Creditors: amounts			falling due within
one year	(Note 20)			81'I	16,320					16,320		14,219
Net current			assets/(liabilities)	812			1	3				11,10?
Total assets	less current liabilities			813								47,271
Creditors: amounts			falling due after
one year		(Note 20)		814
Provisions for liabilities				818
Total net assets	or liabilities			818	44,230		11,231			55,461		47,271
Funds oFthe	Charity
Endowment funds		(Note 27)		817
Restricted income		funds (Nota 27)		818			11,231			11,231
Unrestricted funds				810	44,230					44,230		47,271
Revaluation reserve
			Total funds	82&								47,271
Signed by one or twc the trustees		trustees on behalf of all			Signature				Print	Name		Date of approval
												ddfmmf
												nIO)(/tati

This standard	This standard	l/si ofaccoun/ing po/icies has been applied by the chari/y except for/hose ficked 1go" or "N/st Where a	l/si ofaccoun/ing po/icies has been applied by the chari/y except for/hose ficked 1go" or "N/st Where a	l/si ofaccoun/ing po/icies has been applied by the chari/y except for/hose ficked 1go" or "N/st Where a	l/si ofaccoun/ing po/icies has been applied by the chari/y except for/hose ficked 1go" or "N/st Where a	l/si ofaccoun/ing po/icies has been applied by the chari/y except for/hose ficked 1go" or "N/st Where a
different or	additional		policy	has been adapted then this is defei/ed in the box below.
Recognition		ofincome		These are included in the Statement of Finanoal Activities (SoFA) when:
				~ the charity becomes entaled to the resources;
				it is more likely than not that the trustees will receive the resources; snd			Yes	No	N/a
				~ the monetary value can be measured with sufficient relrabihty.
				There has been no offsetting ofassets and liabilities, or income and expenses, unless		required	or Yes	No	Nla
Offsetting				permitted by the FRS 102SORP or FRS102.
				Grants and donafions are only induded in the SoFA when the general income recognreon
Grants and	donations			cntena are met (5.10to 5.12FRS102SORP).
				In the case of performance related grants, income must only be recognised to the extent
				that the charity has provided the specified goods or services as entitlement to the grant
				only occurs when the perfonnance related conditions are met (5.16FRS 102SORP)
Legacies				Legacies are induded in the SOFA when receipt is probable, that rs, when there has
				been grant of probate, the executors have established that there are suffioent assets		in
				the estate and any condrfrons attached to the legacy are either within the control ofthe
				charity or have been met
Government		grants		The charity has received government grants in the reporting period
				Gift Ard receivable is induded in income when there iss valid dedaraeon from the donor.
Tsx reclaims		on		Any Grff Aid amount recovered on a donation is considered to be part ofthat gift snd	is
donations	and gifts			treated as an addition to the same fund as the inifial donation unless the donor orthe
				tenne ofthe appeal have specdred othenaise.
Contractual		income	and	Thn rs only included in the SoFA once the charity has provided the related goods or
perfonnance		related		services or met the performance relaled conditions.
grants
Donated goods				Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
				The cost ofany stock ofgoods donated for distribution to benef/cianes is deemed to	be
				the fair value ofthose gifts at the time of their receipt and they are recognised on receipt.
				In the reporting period in which the stocks are distributed, they are recognised as an
				expense at the carrying amount ofthe stocks at distribution
				Donated goods for resale are measured at fair value on initial recognition, which rs the
				expected proceeds from sale less the expected costs ofsale, and recognised in 'Income
				from other trading activities' with the corresponding stock recognised rn the balance
				sheet. On its safe the value of stock rs charged against 'Income from other trading
				actrvrues' and the proceeds from sale are also recognised as 'Income from other trading
				sctlvluss .
				Good do t d for -oI g byth h 'ty e recoon sad sat oibl fr d	t
				and included in the SoFA as incoming resources when receivable.
				Gifts in kind for use by the charity are included in the SoFA as income from donations
				when receivable.
Donated services and				Donated services and fawirties sre rncluded in the SOFA when received at the value	of
facilities				the goto the charity provided the value ofthe gift can be measured reliably
				Donated servrces and faolities that are consumed immediately are recognised as income
				with sn equrvslent amount recognised as sn expense under the appropriate heading		rn
				the SOFA
Support costs				The charity has incurred expenditure on support costs.
Volunteer	help			The value ofany voluntary help received rs not rnduded rn the accounts but is descnbed in the trustees' annual report.			Yes	No	N/a
Income I'rom interest,				This is included in the accounts when receipt is pmbable and the amount receivable	can		es	No	N/a
royalties and dividends				be measured reliably
Income from membership				Membership subscriptions received in the nature ofa glh are recognised in Donations			Yes	No	N/a
subscrlptlons				and Legacies.
				Membership subscriptions which gives a member the right to buy services or other			es	No	N/a
				benefits are recognised as income earned from the provision ofgoods and services	as
				income from charitable activities

Settlement claims		of insurance	of insurance	Insurance daims are only included in the SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SGRP) and are included as an item ofother income m the SoFA
Investment losses		gains and		This includes any reahsed or unrealised gains or losses on the sale ofinvestments and any gain or loss resulting from revaluing investments to market value at the end ofthe
				year.
2.3 EXPENDITURE				AND LIABILITIES
Liabilily recognition				Liabilities are recognised where it ts more likely than not that there is a legal or		Yes	No	N/a
				constructive obligation committing the chanty to pay out resources and the amount ofthe
				obligation can be measured with reasonable certainty
Governance COStS			and support	Support costs have been sgocated between governance costs and other support Governance costs comprise ag costs involving public accountability ofthe chanty and its compliance with regulation and good practice.
				Support costs include central functions and have been allocated to activity cost		Yes	No	N/a
				categonas on a basis consistent with the use of resources, eg allocating property costs
				by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with conditiorrs		performance		iwhere the chanty gives a grant with conditions for its payment being a spewfrc level of senrice or output to be provided, such grants are only recognised in the SoFA once the		as	No	N/a
				rewptent ofthe grant has provided the specged sennce or output.
Grants payable without per/ormance conditions				Where there are no conditions attaching to the grant that enables the donor chanty to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy		cost		The charity made no redundancy payments dunng the reporting period
Deferred income				No material item ofdeferred income has been mcluded in the accounts.
Creditors				The chanty has creditors which are measured at settlement amounts less any trade
				discounts
				A habihty is measured on recognWon at tts historical cost and then subsequently
Provisions		for liabilities		measured atthe best estimate ofthe amount required to settle the obligation at the
				reporting date
Basic financial instruments				The chanty accounts for basic financial instruments on initial recognition as per paragraph 117 FRS102SORP. Subsequent measurement is as per paragraphs 1117 to 11 19,FRS102SORP
2O4 ASSETS
Tangible fixed			assets for	These are capttalised ifthey can be used for more than one year, and cost at least
use by charity
				They are valued at cost.
				The deprcwation rates and methods used are disclosed in note 92
Intangible	fixed assets			The charity has intangible Axed assets, that is, non-monetaty assets that do not have		Yes	No	N/a
				physical substance but are identifiable and are controlled by the chanty through custody
				or legal nghts The amortisatton rates and methods used are disclosed tn note 9 5
						as	No	N/a
				1hey are valued at cost.
Heritage assets				1he chanty has heritage assets, that is, non-monetary assets with historic, artistic,
				screnbftc, technological, geophywcal or environmental qualities that are held and
				n t I d p pallyforihe&rcontfibmm t k I dg nd culture. The deprsaaeon
				rates and methods used as disclosed tn note 9.5 1S.
				They are valued at cost.
Investments				Fixed asset investments in quoted shares, traded bonds and similar investments are
				valued at tnrttagy at cost and subsequently at fair value (their market value) at the year
				end. The same treatment is applied to unlisted investments unless fair value cannot be
				measured reliably in which case tt is measured at cost less impairment
				Investments held for resale or pending their sale and cash and cash equivalents with a
				matunty date ofless than I year are Seated as current asset investments
Stocks and		work in		Stocks held for sale as part of non-charitable trade are measured at the lower orcost or net
progress				realrsable value.
				Goods or services provided as part of a chantable acttvrty are measured at net reahsable	value
				based on the service potential provided by items ofstock
						Yes	No	N/a
				Work tn progress is valued at cost less any foreseeable loss that ts itkely to occur on the contrark
				Debtors (including trade debtors and loans receivable) are measured on inaial recognition	at
Debtors				settlement amount after any trade discounts or amount advanced by ihe chanty Subsequently
				they are measured at the cash or other consideration expected to be recerved

Current asset investments	Ihe chanty equivalents equivalents	hss has investments with a maturity date with a maturity date	which it holds for resale or pending their sale and less than one year. These indude cash on deposit ofless than one year held for investment purposes	which it holds for resale or pending their sale and less than one year. These indude cash on deposit ofless than one year held for investment purposes	which it holds for resale or pending their sale and less than one year. These indude cash on deposit ofless than one year held for investment purposes	cash and cash and cash rather than to	V	N/a
	meet short	term cash commitments as		they fall due.
	They are valued at fair value except where they qualify ss basic financial				instruments
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

Note 3				Analysis	Analysis	Analysis	Analysis	of	of	income	income	income	income
																			Restricted
																	Unrestricted		income	Endowment
																	funds		funds	funds	Total funds	Prior year
						Anal				sis												8
Donations		Donations			and	ifts																	788
and legacies:		Gih Aid
		Le acies
		General	grants provided							by		government/other
		charities															24	634	11 231		35 865	1	500
		Membership			subscriptions							and sponsorships
		which are in substance							donations
		Donated		oods,		facilities				and			services
		Other															1	139			1,139		357
																Total	25,778		11,231		37,009	2,645
Charitable		Nursery	Fees														69	237			69237	89493
activities".		Earl ears			voucher		fundin										78,793				78,793	67	333
		Other
																Total	148,030				148030	156	826
Other trading
activities:
		Other
																Total
Income from		Interest	income															16			16		29
investments:		Dividend		income
		Rental and			leasin		income
		Other
																Total		16					29
Separate
material	item
of income:
																Total
Other:		Conversion			ofendowment						funds			into	income
		Gain on	disposal			of	a	tangible					fixed asset			held
		for chari		's	own	use
		Gain on	disposal			of	a	programme						related
		investment
		Royalties		from the exploitation									of	intellectual
		ro e	ri hts
		Other
																Total
TOTAL INCOME																	173824		11231		185055	159500
Other information:
All income	in the prior year				was unrestricted							except for:
(please provide		description			and amounts)
Where any endowment fund					is converted					into			income		in the
reporting	period,	please	give the			reason			for			the conversion.
Where any endowment fund					is converted					into			income		in the
prior period, please give			the		reason		for the				conversion.
Within the	income items		above the following									items		are
material: (please		disclose		the nature,				amount					and	any	prior
year amounts)

Note 4			Analy	sis ofr	eceipts of	gover	nmen	t gr	ants
												This year
									Description			E
Government		grant 1			Apprentice	grant						500
Government		grant 2			HMRC JRSgrant							24,134
Government		grant 3			DDC sustainability		grant					7,500
Other					Stem grant							3,731
										Total		35,565
												Last year
									Description
Government		grant 1			Apprentice	grant						1 500
Government		grant 2
Government		grant 3
Other
										Total		1,500
							This	ear		Last	ear
Please provide details ofany
unfulfilled	conditions and other
contingencies		attaching	to grants
that have been recognisedin				income.
							This	ear		Last year
Please give details ofother forms of
government		assistance	from	which
the charity	has directly		benefited.

Note 6	Analysis ofexpenditure	Analysis ofexpenditure	Analysis ofexpenditure	Analysis ofexpenditure
					This	year			Last	year
									Restricted
				Unrestricted	Restricted	Endowment		Unrestricted	Income	Endowment
Analysis				funds	Income funds	funds	Total funds	fiiiida	fuiids	fuiids	Total funds
Expenditure on raising funds:							5				6
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants
Operating membership	schemes			and
soaal lotteries
Staging fundraising events
Fudraising agents
Operating charity shops
Operating a trading company
undenaking non-charitable trading
activit
Advertising, marketing,	direct	mail		and
ubli it
Start up costs incurred	in generating
new source of future income
Database development	costs
Other trading activities
Investment management	costs:
Portfolio mana ament costs
Cost of obtaining investment		advice
Investment administration costs
Intellectual property licencing		costs
Rent collection, property	repairs		and
mamtenance charges
Total expenditure on raising		funds
Expenditure on charitable activities".
0 eratin costs				176865			176865	170428			170428
Total expenditure on charitable
activities				176865			176865	170428			170428
Separate material item	ofexpense
Total
Other
Total other expenditure
TOTAL EXPENDITURE				176,805			176,865	170,428			170,428

11.1 Staff Cost	s
			This year	Last year
			F
Salaries and wages			142,045	132,394
Social security	costs		3,987	2,947
Pension costs	(defined contribution	scheme)	1,933	1,371
Other employee	benefits
		Total staff costs	147,965	136,712
This year:
Please provide	details ofexpenditure	on staff working for the
charity whose	contracts are with and	are paid by a related party
Last year:
Please provide	details ofexpenditure	on staff working for the
charity whose	contracts are with and are paid by a related party

Band						Number ofemployees	Number ofemployees
						This year	Last	year
f60,000to R69,999
870,000to679,999
680,000to689,999
690,000to699,999
2100,000to 6109,999
						This year	Last	ear
Please provide the total	amount		paid to key	management
personnel (includes trustees		and	senior management)		for their
services to the charity.	For	specific amounts		paid to	trustees,
see Note 28.

	This year		Last year
	Number		Number
		10
Total

					Freehold	land &	Otherland	8	Plant,	Fixtures	fittings	Total
					buildings		buildings		machinery	and equipment
									and motor
									vehicles
At the beginning		ofthe year				29,500					6,664	36,164
Additions
Revaluations
Disposals
Transfers *
At end ofthe	year					29,500						36,164
14.2 Depreciation and impairments
				**Basis	SLor RB	(Straight	SLor RB		SLor RB	SLor	RB	SLor RB
					Line or Reducing
					Balance)
				Rate
At beginning	ofthe year
Disposals
Depreciation
Impairment
Transfers*
At end ofthe	year
14.3Net book value
Net book value at		the beginning	ofthe year			29,500					6,664	36,164
Net book value at		the end ofthe	year			29,500						36,164

Trade debtors
Prepayments	and accrued income
Other debtors
		Total

This	year	Last	year
	3,967		846
	3,967		846

19.2 Analysi	s ofdebtors recoverable in more than 1	year (included in debtors a	bove)
			This year	Last year
			E	F
Trade debtors
Prepayments	and accrued income
Other debtors
		Total

Note	24	Cash at bank and in hand	Cash at bank and in hand
						This year	Last year
						5
Short	term cash investments		(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on	hand				31,650	24,480
Other
Total						31,650	24,480

			This year	Last year
		n/a		Covid-19
Please provide details ofthe nature ofthe
event
		n/a		The Nursey was closed from 20
				March 2020 and reopened on 3rd
				June 2020. The estimated loss of
Provide an estimate ofthe financial effect				income was around f40,000. Income has been received from
ofthe event or a statement	that such an			government grants and schemes
estimate cannot be made				available. There were additional
				holiday clubs over the summer open
				to the wider community which has
				helped increase income levels.

	This	year	Last	year
TOTAL