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← Clifton-Upon-Teme Nursery Limited

2025-06-30-accounts

Company registration number: 04013169 Charity registration number: 1085397

Clifton-Upon-Teme Nursery Limited

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 30 June 2025

Clifton-Upon-Teme Nursery Limited

Contents

Reference and Administrative Details 1
Strategic Report 2
Trustees' Report 3 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 17

Clifton-Upon-Teme Nursery Limited

Reference and Administrative Details

Chairman A J Fletcher Trustees L J Adams K C Poole P E M Winnington A J Fletcher Z C Glackin Charity Registration Number 1085397 Company Registration Number 04013169 The charity is incorporated in England and Wales. Registered Office Clifton Early Years Centre Pound Lane Worcester Worcestershire WR6 6DE Independent Examiner Perrigo Consultants Limited Anglo House Worcester Road Stourport on Severn DY13 9AW

Page 1

Clifton-Upon-Teme Nursery Limited

Strategic Report for the Year Ended 30 June 2025

The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 30 June 2025, in compliance with s414C of the Companies Act 2006.

The strategic report was approved by the trustees of the charity on 23 February 2026 and signed on its behalf by:

......................................... A J Fletcher Chairman and trustee

Page 2

Clifton-Upon-Teme Nursery Limited

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2025.

Objectives and activities

Objects and aims

Clifton-upon-Teme Nursery and Forest School is committed to providing a safe, nurturing, and stimulating environment for young children, fostering their development through high-quality early years education and outdoor learning experiences. Our goal is to ensure that every child in our care has the opportunity to explore, learn, and grow in a setting that values creativity, curiosity, and well-being.

Over the past year, we have made significant progress in improving our facilities, enhancing accessibility, and expanding opportunities for outdoor learning. We have also strengthened our ability to support local families by increasing the number of children we accommodate, extending our opening hours, and implementing a clearer structure for funded childcare hours. Our commitment to high-quality education is reflected in our investment in staff training, the introduction of new apprenticeships, and ongoing improvements to our nursery setting.

Through careful financial management and successful fundraising efforts, we have secured additional resources that will enable us to continue enhancing our provision in the coming year.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trusteess: L J Adams (appointed 10 August 2024) K C Poole P E M Winnington (appointed 25 July 2024) A J Fletcher Z C Glackin (appointed 25 July 2024)

Chairman: A J Fletcher

Structure, governance and management

Nature of governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Page 3

Clifton-Upon-Teme Nursery Limited

Trustees' Report

Recruitment and appointment of trustees

Clifton-upon-Teme Nursery and Forest School is governed by a dedicated board of trustees who provide strategic oversight and ensure the nursery operates in the best interests of the children, families, and wider community. The trustees work closely with the nursery’s leadership team to maintain financial stability, uphold safeguarding responsibilities, and drive continuous improvement in line with our mission.

This year, the board has seen some changes, with long-standing trustees stepping down and new members joining to bring fresh perspectives and expertise. We are particularly grateful for the contributions of our outgoing trustees, who played a crucial role in securing funding, refining our business plan, and strengthening our governance processes. The recruitment of new trustees, including parent representatives, will help ensure our leadership remains responsive to the evolving needs of the nursery community.

Operationally, the nursery is managed by a dedicated team of staff and volunteers who work tirelessly to deliver high-quality early years education and care. Their commitment and professionalism have been instrumental in navigating challenges such as rising operational costs and staffing shortages while maintaining an excellent standard of provision for children and families.

Looking ahead, the board and leadership team remain focused on strategic planning, financial sustainability, and further enhancing the nursery’s learning environment to ensure it continues to thrive as a valued part of the community.

Statement of trustees' responsibilities

The trusteess (who are also the directors of Clifton-Upon-Teme Nursery Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trusteess to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 4

Clifton-Upon-Teme Nursery Limited

Trustees' Report

The annual report was approved by the trustees of the charity on 23 February 2026 and signed on its behalf by:

......................................... A J Fletcher Chairman and trustee

Page 5

Clifton-Upon-Teme Nursery Limited

Independent Examiner's Report to the trustees of Clifton-Upon-Teme Nursery Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants, 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:

  1. accounting records were not kept in respect of Clifton-Upon-Teme Nursery Limited as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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 accounts to be reached.

...................................... Dave Perrigo Association of Chartered Certified Accountants

Anglo House Worcester Road Stourport on Severn DY13 9AW

23 February 2026

Page 6

Clifton-Upon-Teme Nursery Limited

Statement of Financial Activities for the Year Ended 30 June 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Investment income
5
Other income
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18
Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Investment income
5
Other income
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
funds
£
195,726
107,816
98
802
304,442
(228,807)
(228,807)
75,635
75,635
5,157
80,792
Unrestricted
funds
£
62,182
112,494
20
4,018
178,714
(153,026)
(153,026)
25,688
25,688
(20,531)
5,157		 Restricted
funds
£
-
-
-
-
-
(497)
(497)
(497)
(497)
6,267
5,770
Restricted
funds
£
-
-
-
-
-
(497)
(497)
(497)
(497)
6,764
6,267		 Total
2025
£
195,726
107,816
98
802
304,442
(229,304)
(229,304)
75,138
75,138
11,424
86,562
Total
2024
£
62,182
112,494
20
4,018
178,714
(153,523)
(153,523)
25,191
25,191
(13,767)
11,424

All of the charity's activities derive from continuing operations during the above two periods.

The notes on pages 9 to 17 form an integral part of these financial statements. Page 7

Clifton-Upon-Teme Nursery Limited

(Registration number: 04013169) Balance Sheet as at 30 June 2025

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
14
Creditors: Amounts falling due within one year
15
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
16
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
18		 2025
£
7,683
-
83,770
83,770
(4,891)
78,879
86,562
-
86,562
5,770
80,792
86,562		 2024
£
8,731
55
11,293
11,348
(6,655)
4,693
13,424
(2,000)
11,424
6,267
5,157
11,424

For the financial year ending 30 June 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on 23 February 2026 and signed on their behalf by:

......................................... A J Fletcher Chairman and trustee

The notes on pages 9 to 17 form an integral part of these financial statements.

Page 8

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £5 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Clifton Early Years Centre Pound Lane Worcester Worcestershire WR6 6DE

These financial statements were authorised for issue by the trustees on 23 February 2026.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Clifton-Upon-Teme Nursery Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 9

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £1,250.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 10

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Asset class Depreciation method and rate Furniture, fittings and equipment 20% straight line Property improvements 10% staight line Property cost 5% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 11

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
3,330
192,396
195,726
62,182		 Total
funds
£
3,330
192,396
195,726
62,182

4 Income from charitable activities

Total for 2025
Total for 2024
5
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
107,816
107,816
112,494
Unrestricted
funds
General
£
98
98
20		 Total
funds
£
107,816
107,816
112,494
Total
funds
£
98
98
20

Page 12

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

6 Expenditure on charitable activities

Note
Staff costs
Governance costs
7
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
184,973
43,834
228,807
153,026		 Restricted
funds
£
-
497
497
497		 Total
funds
£
184,973
44,331
229,304
153,523
Total
expenditure
£

In addition to the expenditure analysed above, there are also governance costs of £44,331 (2024 - £34,658) which relate directly to charitable activities. See note 7 for further details.

7 Analysis of governance and support costs

Governance costs

Staff costs
Pension costs
Other staff costs
Audit fees
Other fees paid to auditors
Legal fees
Marketing and publicity
Depreciation, amortisation and other similar costs
Other governance costs
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
2,754
8,556
2,462
4,343
356
1,215
24,148
43,834
34,161		 Restricted
funds
£
-
-
-
-
-
497
-
497
497		 Total
funds
£
2,754
8,556
2,462
4,343
356
1,712
24,148
44,331
34,658

Page 13

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

8 Net incoming/outgoing resources

Net incoming resources for the year include:

Depreciation of fixed assets
9
Trustees remuneration and expenses
10 Staff costs
The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
Other staff costs		 2025
£
1,712
2025
£
181,243
3,730
2,754
8,556
196,283		 2024
£
1,621
2024
£
135,310
(16,445)
2,096
3,458
124,419

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Charitable Activities
Management & Administration		 2025
No
12
1
13		 2024
No
11
1
12

No employee received emoluments of more than £60,000 during the year.

Page 14

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Tangible fixed assets

12 Tangible fixed assets
Cost
At 1 July 2024
Additions
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the year
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024		 Land and
buildings
£
135,031
-
135,031
126,300
1,621
127,921
7,110
8,731		 Furniture and
equipment
£
28,199
664
28,863
28,199
91
28,290
573
-		 Total
£
163,230
664
163,894
154,499
1,712
156,211
7,683
8,731

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of freehold land and buildings and £7,110 (2024 - £8,731) in respect of leaseholds.

13 Debtors

13 Debtors
Trade debtors
14 Cash and cash equivalents
Cash on hand
Cash at bank
Short-term deposits		 2025
£
-
2025
£
-
81,418
2,352
83,770		 2024
£
55
2024
£
170
8,821
2,302
11,293

15 Creditors: amounts falling due within one year

Page 15

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Bank loans
Trade creditors
Other taxation and social security
Other creditors
Accruals
16 Creditors: amounts falling due after one year
Bank loans		 2025
£
2,000
591
(161)
510
1,951
4,891
2025
£
-		 2024
£
2,000
252
321
493
3,589
6,655
2024
£
2,000

17 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £2,754 (2024 - £2,096).

18 Funds

18 Funds
Unrestricted funds
General
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds		 Balance at 1
July 2024
£
5,157
6,267
11,424
Balance at 1
July 2023
£
(20,531)
6,764
(13,767)		 Incoming
resources
£
304,442
-
304,442
Incoming
resources
£
178,714
-
178,714		 Resources
expended
£
(228,807)
(497)
(229,304)
Resources
expended
£
(153,026)
(497)
(153,523)		 Balance at 30
June 2025
£
80,792
5,770
86,562
Balance at 30
June 2024
£
5,157
6,267
11,424

Page 16

Clifton-Upon-Teme Nursery Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

19 Analysis of net assets between funds

19 Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets		 Unrestricted
funds
General
£
11,366
9,306
(4,891)
15,781
Unrestricted
funds
General
£
6,950
4,122
(6,655)
(2,000)
2,417		 Restricted
funds
£
(3,683)
74,464
-
70,781
Restricted
funds
£
1,781
7,226
-
-
9,007		 Total funds at
30 June
2025
£
7,683
83,770
(4,891)
86,562
Total funds at
30 June
2024
£
8,731
11,348
(6,655)
(2,000)
11,424

Page 17

Clifton-Upon-Teme Nursery Limited

Statement of Financial Activities by fund for the Year Ended 30 June 2025

Unrestricted Funds

Unrestricted Funds
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
Unrestricted
Funds
2025
£
195,726
107,816
98
802
304,442
(228,807)
(228,807)
75,635
75,635
5,157
80,792		 Total
Unrestricted
Funds
2024
£
62,182
112,494
20
4,018
178,714
(153,026)
(153,026)
25,688
25,688
(20,531)
5,157

This page does not form part of the statutory financial statements. Page 18

Clifton-Upon-Teme Nursery Limited

Statement of Financial Activities by fund for the Year Ended 30 June 2025

Restricted Funds

Restricted Funds
Income and Endowments from:
Expenditure on:
Charitable activities
Total expenditure
Net expenditure
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
Restricted
Funds
2025
£
(497)
(497)
(497)
6,267
5,770		 Total
Restricted
Funds
2024
£
(497)
(497)
(497)
6,764
6,267

This page does not form part of the statutory financial statements. Page 19

Clifton-Upon-Teme Nursery Limited

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

Income and Endowments from:
Donations and legacies (analysed below)
Charitable activities (analysed below)
Investment income (analysed below)
Other income (analysed below)
Total income
Expenditure on:
Charitable activities (analysed below)
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2025
£
195,726
107,816
98
802
304,442
(229,304)
(229,304)
75,138
75,138
11,424
86,562		 Total
2024
£
62,182
112,494
20
4,018
178,714
(153,523)
(153,523)
25,191
25,191
(13,767)
11,424

This page does not form part of the statutory financial statements. Page 20

Clifton-Upon-Teme Nursery Limited

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

Donations and legacies
Appeals and donations
Gift Aid tax reclaimed
UK Government grants
Charitable activities
Primary purpose trading
Investment income
Interest on cash deposits
Other income
Other income
Charitable activities
Wages and salaries
Staff NIC (Employers)
Staff pensions (Defined contribution) - pension scheme 1
Staff training
Staff welfare
Water rates
Light, heat and power
Insurance
Repairs and maintenance
Telephone and fax
Office expenses
Computer software and maintenance costs
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Cleaning
Advertising
Staff entertaining (allowable for tax)
Accountancy fees
Legal and professional fees
Bank charges
Loan interest
Depreciation of short leasehold property		 Total
2025
£
3,330
-
192,396
195,726
107,816
107,816
98
98
802
802
(181,243)
(3,730)
(2,754)
(4,923)
(244)
(841)
(4,955)
(3,178)
(7,440)
(690)
(2,469)
(192)
(6)
(2,579)
(1,131)
(495)
(356)
(3,389)
(2,462)
(4,343)
(95)
(77)
(1,124)		 Total
2024
£
256
435
61,491
62,182
112,494
112,494
20
20
4,018
4,018
(135,310)
16,445
(2,096)
(2,184)
(66)
(1,260)
(5,377)
(1,550)
(4,819)
(646)
(2,089)
(1,333)
(36)
(414)
(765)
(671)
(500)
(1,208)
(3,915)
(3,847)
(134)
(127)
(1,124)

This page does not form part of the statutory financial statements. Page 21

Clifton-Upon-Teme Nursery Limited

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

Depreciation of fixtures and fittings
Depreciation of office equipment		 Total
2025
£
(497)
(91)
(229,304)		 Total
2024
£
(497)
-
(153,523)

This page does not form part of the statutory financial statements. Page 22