**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024**
**Greenfield Centre Park Avenue Winterbourne Bristol BS36 1NJ**
## **Greenfield Club**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 August 2024**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**5**|
|Statement of financial activities (including income and||
|expenditure account)|**6**|
|Statement of financial position|**8**|
|Notes to the financial statements|**9**|
## **Greenfield Club**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 August 2024**
The trustees, who are also the directors for the purposes of company law, present their report
and the unaudited financial statements of the charity for the year ended 31 August 2024.
## **Reference and administrative details**
**Registered charity name**
Greenfield Club
**Charity registration number Company registration number**
1087674 04181246
**Principal office and registered office**
Greenfield Centre Park Avenue Winterbourne Bristol BS36 INJ
## **The trustees**
S O'Connor (Appointed 1 January 2022)
C Pearce (Appointed 1 January 2022)
A Kitt (Appointed 24 August 2022, resigned 1 September 2024)
E Teuten (Appointed 9 March 2020)
R Sheppard (Appointed 9 March 2020)
**Company secretary**
R Sheppard
## **Independent examiner**
Elle Matthews
Accountability Business Services Ltd Worting House Worting Road Hampshire RG23 8PX
## **Greenfield Club**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 August 2024**
## **Structure, governance and management**
The organisation is a charitable company limited by guarantee.
The company was established under a Memorandum of Association which established the objects and powers of a charitable company, and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount, not exceeding £1.
The directors of the company are also charitable trustees for the purpose of charity law, and under the company’s Articles.
All trustees give their time voluntarily and received no benefits from the charity. The trustees endeavour to maintain a broad mix of skills amongst the trustee body to ensure that the charity can be managed effectively. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
## **Objectives and activities**
The aims of the organisation are to provide high quality social and educational care facilities for children of primary school age in Winterbourne and the surrounding area, after school each day, during the school holidays, and in-service training days.
The after school club runs from 3.30pm-6.00pm each weekday with the children being assembled in the playground and collected by the Greenfield Club staff. This applies to both Elm Park Primary and St. Michael’s Primary school pupils.
Activities are provided to stimulate the children, encouraging their development in a safe and caring environment. On sunny days the children can visit the nearby local park. Arts and crafts are provided and children can choose from a wide range of games and equipment. Snacks are provided to the children in the after school provision.
We are particularly proud of the development of our holiday and the in-service day provision. We run a full time holiday provision as well as operating on all in-service days. The holiday club runs a number of activities and trips. In planning provision for child care for this year the trustees have considered the Charity Commission guidance on public benefit.
## **Achievements and performance**
It has been a more challenged financial year for the charity, whilst demand has increased for after school care post Covid it has not returned to pre-pandemic levels.
Demand for places at the after school club were slightly up on last year. There was a very good uptake during the summer holidays and the charity made a small loss over the year. The committee and have taken every opportunity to review running costs and make savings and efficiencies wherever possible, in order to secure the clubs future as we still firmly believe public benefit would be lessened should the club close.
We have again been very proud of the team work shown by everyone involved with the club this year including a ‘Met’ grading in the Ofsted Inspection during this financial reporting period.
**Greenfield Club**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 August 2024**
## **Financial review**
The charity had incoming resources of £57,598 (2023 : £63,029) and total resources expended of £66,813 (2023: £69,007), giving a deficit of -£9,215 (2023: -£5,978) for the year. Total funds of the charity have therefore decreased on last year, with a total surplus of £19,999 carried forward (2023 : £29,214)
The club continues to recover Gift Aid on the annual membership fee paid for each child, and all parents must now pay in advance either via bank transfer, or through the child care voucher scheme. For adhoc bookings there is strict policy requiring payment up front, which has resulted in no amounts owing to the club.
## **Investment policy**
Aside from retaining a prudent amount each year in reserves, most of the charity's funds are to be spent in the short term in the provision of services, so there are few funds available for long term investment. The club are looking into possibly keeping some funds in a saving account, however given the declining interest rate environment nothing has been finalised yet.
## **Reserves policy**
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately one month of unrestricted charitable expenditure. The trustees consider that this level will produce sufficient funds to cover support and governance costs. The charity will not maintain a capital base but will seek to expend charitable donations with due and proper consideration of the future needs and objects of the charity.
## **Plans for future periods**
The future plans for the charity are to maintain and hopefully increase the financial strength of the charity to enable it to continue to fulfil its objectives. The club also intends to continue to subsidise trips and educational events during holidays. The committee will continue to monitor costs on a monthly basis at committee meetings. The club will also continue to promote the services offered via the local schools.
## **Risk management**
The trustees have conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate those risks. These procedures are reviewed periodically to ensure that they continue to meet the needs of the charity.
All staff are required to complete e-training (including refreshers) in respect of data protection in light of
the GDPR 2018 regulations.
**Greenfield Club**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 August 2024**
## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustee’s annual report was approved 26[th] June 2025 and signed on behalf of the board of trustees by
Claire Pearce Trustee
**5**
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STEPPING STONES NURSERY SCHOOL, MILFORD**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 2 to 11
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
___________________________
E Matthews AAT / ACIE / BAFA / IAB / ICB
Accountability Business Services Ltd Worting House Worting Road Basingstoke Hampshire
Dated: 20th June 2025
## **GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 STATEMENT OF FINANCIAL ACTIVITIES - CURRENT YEAR**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and Legacies
Charitable activities
2
**Total**
**EXPENDITURE ON**
Raising Funds
Charitable Activities
3
**Total**
**NET EXPENDITURE**
**Transfers between funds**
**Net movement in funds**
9
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
9|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
423
-
423
57,175
-
57,175
**2024**|
|---|---|
||**57,598**
**-**
**57,598**
-
-
-
66,813
-
66,813|
||**66,813**
**-**
**66,813**|
||**(9,215)**
**-**
**(9,215)**
-
-
-|
||**(9,215)**
**-**
**(9,215)**
29,214
-
29,214|
||**19,999**
**-**
**19,999**|
All of the above results are derived from continuing activities.
## **GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 STATEMENT OF FINANCIAL ACTIVITIES - PRIOR YEAR**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and Legacies
Charitable activities
2
**Total**
**EXPENDITURE ON**
Raising Funds
Charitable Activities
3
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
9
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
9|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
1,839
-
1,839
61,190
-
61,190
**2023**|
|---|---|
||**63,029**
**-**
**63,029**
-
-
-
69,007
-
69,007|
||**69,007**
**-**
**69,007**|
||**(5,978)**
**-**
**(5,978)**
-
-
-|
||**(5,978)**
**-**
**(5,978)**
35,192
-
35,192|
||**29,214**
**-**
**29,214**|
All of the above results are derived from continuing activities.
## **GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 BALANCE SHEET**
|**D CLUB**
**D NUMBER: 04181246**
**FOR THE YEAR ENDED 31 AUGUST 2024**
**HEET**||||
|---|---|---|---|
|**Notes**
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted funds
9
Restricted funds
**TOTAL FUNDS**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
**-**
**-**
**2024**|**Total Funds**
**£**
**-**
**-**
1,493
19,834
**21,327**
(7,881)
**13,446**
13,446
**13,446**
19,999
-
**19,999**|**2023**
**Total Funds**
**£**
-|
||**-**
**-**
1,493
-
19,834
-||**-**
1,492
26,429|
||**21,327**
**-**
(7,881)
-||**27,920**
(3,782)|
||**13,446**
**-**||**24,138**|
||13,446
-||24,138|
||**13,446**
**-**||**24,138**|
||||29,214
-|
||||**29,214**|
26th June 2025 These financial statements have been approved on _______________________
## Claire Pearce
______________________________ Claire Pearce For and on behalf of the Board of Trustees
> Dated: 26th June 2025
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
**I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 2 to 11**
## **Basis of preparation**
These financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with FRS 102, the Charities Act 2011 and the requirements of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities.
Greenfield Club is a body established by Trust, and is governed by its constitution. The charity is a public benefit entity as defined by FRS 102. The financial statements contain information about the charity as an individual body.
The financial statements are presented in sterling, which is the functional currency of the charity and rounded to the nearest £.
## **Going concern basis**
The financial statements have been prepared on a going concern basis as the trustees have assessed the going concern position. The charity is able to settle outstanding invoices, bills and commitments as they fall due and the trustees have no reason to believe that there are any material uncertainties that would affect the ability of the nursery school to continue as a going concern for the foreseeable future.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Nursery fees are recognised within the academic period that they relate to.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Income from grants (including government grants) is recognised in the period in which the teaching is performed, as the service is delivered, using the performance model as per FRS102. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attached to them. Where the grant imposes performance-related conditions, it is recognised only when those conditions have been met. Where grants are received prior to satisfying the revenue recognition criteria, they are recognised as a liability.
When donors or grant-making entities specify that donations and grants are for particular restricted purposes, this income is included in incoming resources of restricted funds.
These notes form part of the financial statements
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
## **1. ACCOUNTING POLICIES (CONTINUED)**
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. All expenditure is recognised inclusive of VAT, where VAT applies.
Expenditure on charitable activities includes those costs incurred by the charity in delivering its activities and includes both direct and allocated support costs.
## **Cash and cash equivalenets**
Cash and cash equivalents include cash in hand and cash deposits with financial institutions that are readily convertible to known amounts of cash with insignificant risk of change in value.
## **Tangible fixed assets**
Tangible assets are stated at cost less depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for intended use.
Depreciation is provided at the following annual rates in order to write off assets over its estimated useful life. Plant & machinery - 25.00%, 10.00% on cost Computer equipment - 33.33% on cost Leasehold improvements - 25.00% on cost
Upon disposal the difference between net proceeds and the carrying amount of the item sold is recognised within the statement of financial activities within charitable activities.
## **Debtors and creditors receivable/payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities. **Funds structure**
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objectives. Restricted funds are funds which have been given for particular purposes and projects.
## **Financial instruments**
The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and investments in non-putative ordinary shares. Debt instruments (other than those wholly repayable or receivable within on year), including loans and other accounts receivable and payable, are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method.
These notes form part of the financial statements
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
## **2. INCOME FROM CHARITABLE ACTIVITIES**
|**OM CHARITABLE ACTIVITIES**||
|---|---|
|Grants received
Nursery fees
Grants received
Nursery fees|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
423
-
423
57,175
-
57,175
**2024**|
||**57,598**
**-**
**57,598**|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
1,839
-
1,839
61,190
-
61,190
**2023**|
||**63,029**
**-**
**63,029**|
All government (or council) grant income received in the year have been spent during the year and there are no unfulfilled conditions or contingencies at the year end
|**E ACTIVITIES**
Accountancy fees
Cleaning
Computer and Internet Expenses
Cost of Day Trips
Craft Supplies
Dues and Subscriptions
Employer pension contributions
Equipment including Toys
Insurances
Office/General Administrative Expenses
Payroll Expenses
Printing, Postage and Stationery
Rent and Rates
Repair and maintenance
Snacks and Drinks for Children
Staff Gifts
Staff Refreshments
Staff Training
Telephone|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
790
-
790
358
-
358
525
-
525
843
-
843
306
-
306
1,145
-
1,145
471
-
471
1,159
-
1,159
311
-
311
78
-
78
47,834
-
47,834
176
176
10,615
-
10,615
167
-
167
1,200
-
1,200
90
-
90
145
145
595
595
5
-
5
**2024**|
|---|---|
||**66,813**
**-**
**66,813**|
## **3. CHARITABLE ACTIVITIES**
These notes form part of the financial statements
## **GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
## **3. CHARITABLE ACTIVITIES (CONTINUED)**
|**E ACTIVITIES (CONTINUED)**|||
|---|---|---|
|Accountancy and bookkeeping
Advertising
Cleaning
Computer and internet
Cost of activities
Insurance
Other office costs
Pension costs
Rent and rates
Repairs and maintenance
Staff Gifts
Staff training
Subscriptions
Telephone
Wages and salaries
**EMUNERATION AND BENEFITS**
has received any further remuneration during the current period.
**xpenses**
s (2023: 1) were reimbursed during the year
**S**
Salaries
Employers Pension
Other employee benefits|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
790
-
38
-
306
-
-
5,342
-
444
-
692
-
481
-
10,315
-
164
-
-
375
-
1,474
-
-
-
48,586
-
**2023**|**Total Funds**
**£**
790
38
306
-
5,342
444
692
481
10,315
164
-
375
1,474
-
48,586|
||**69,007**
**-**|**69,007**|
||**2024**
**£**
47,834
471
-
48,305|**2023**
**£**
48,586
436
341|
|||49,363|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
No trustee has received any further remuneration during the current period.
## **Trustees' expenses**
No trustees (2023: 1) were reimbursed during the year
## **5. STAFF COSTS**
The average number of employees during the year was 9 (2023: 7)
Key Management Personnel of the charitable company comprise the trustees and thefollowing staff members - Sian Pumford and Elaine Teuton. The total employee benefits of the key management personnel were £24,841 (2023: £25,198)
These notes form part of the financial statements
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
## **6. TANGIBLE ASSETS**
|Additions
Disposals
At 31 August 2024
**DEPRECIATION**
Charge for year
At 31 August 2024
**NET BOOK VALUE**
At 31 August 2024
At 31 August 2023
**7. DEBTORS: AMOUNTS DUE FALLING WITHIN ONE YEAR**
Trade debtors
**8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
Social Security and other taxes|**Plant &**
**Machinery**
**£**
-
-|**Computer**
**Equipment**
**Leasehold**
**Improvements**
**£**
**£**
-
-
-
-|**Total**
**£**
-
-
-|
|---|---|---|---|
||-|-
-|-|
||-|-
-|-|
||-|-
-|-|
|||||
||-|-
-|-|
|||||
||-|(0)
0|-|
|||**2024**
**£**
1,493
1,493
**2024**
**£**
50
7,406
425
7,881|**2023**
**£**
1,492|
||||1,492|
||||**2023**
**£**
3,833
-
(51)|
||||3,782|
These notes form part of the financial statements
**GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
**9. MOVEMENT IN FUNDS**
|**T IN FUNDS**||
|---|---|
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**At 1 September**
**2023**
**Net**
**movement in**
**funds**
**Transfers**
**between funds**
**At 31 August**
**2024**
**£**
**£**
**£**
**£**
29,214
(9,215)
-
19,999|
||-
-
-
-|
||29,214
(9,215)
-
19,999|
Net movements in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Child deprivation fund
Development fund
30 hour grant
**TOTAL FUNDS**|**Income**
**Expenditure**
**Net movement**
**in funds**
**£**
**£**
**£**
57,598
(66,813)
(9,215)
-
-
-
-
-
-
-
-
-|
|---|---|
||-
-
-|
||57,598
(66,813)
(9,215)|
These notes form part of the financial statements
## **GREENFIELD CLUB REGISTERED NUMBER: 04181246 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS**
**----- Start of picture text -----**
9. MOVEMENT IN FUNDS (CONTINUED)
Net At 31 August
At 1 September movement in Transfers 2023
2022 funds between funds
£ £ £ £
Unrestricted funds
General fund 35,192 (5,978) - -
35,192 (5,978) - -
Restricted funds
- - - -
- - - -
TOTAL FUNDS 35,192 (5,978) - -
Net movements in funds, included in the above are as follows:
Net movement
Income Expenditure in funds
£ £ £
Unrestricted funds
General fund 63,029 (69,007) (5,978)
63,029 (69,007) (5,978)
Restricted funds
- - -
- - -
TOTAL FUNDS 63,029 (69,007) (5,978)
**----- End of picture text -----**
**----- Start of picture text -----**
10. RELATED PARTY TRANSACTIONS
**----- End of picture text -----**
There are no related party transactions that require disclosure for the current or prior financial year.
These notes form part of the financial statements