REGISTERED COMPANY NUMBEIL. 04188152 (England and Wa]es}
REGISTERED CHARrrY NUMBEIL. 1087832
THRESHERS DAY NURSERY
UNAUDITED FINAI¥4CJAL STATEMEiYrs
FOR THE YEAR ENDED 31 LIL4RCH 2024
Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BRI 3RA

THRESHERS DAY I¥URSERY
CONTEIYTS OF THE FINANCIAL STATEMENTS
for the year ended 31 Marcb 2024
Page
Reference and adminlstr2tive details
Report of the trusteei
Independent examlner's report
Statement of flnanclal activiiles
Balance sheet
IO to li
Cash l]ow statsment
12
Notes to th¢ cash flow statement
13
Notes to the Ilnanelal slatement$
14 to 20
Detalled statement of financlal actlvltle$
21 to 22

THRESHERS DAY NURSERY
REFERENCE AND ADMINISTRATIVE DETAILS
for th¢ ended 31 Mareh 2024
TRUSTEES
M Carney IP Chair
T P Courtney FCCA Treasurer
The Rev'd M T Skinner BA. MA
S Moore
I Dawson (appointed 12.9.23)
L A Powrie
C D Pierce (resigned 6.5.24)
Mrs S Horler (2ppofftnted 7.11.23)
T J P4￿ (appointed 5.8.24)
Mrs L De Maid (resigned 9.6.23)
T Fisher {￿SIgned 12.5.23)
COMPANY SECRETARY
l Dawson
REGISTERED OFFICE
193 High Street
St Mary Cray
0￿ingtOll
KcT]t
BR5 4AX
RECI8TERED COMPANY
04188152 (England and Wales)
REGISTERED CHARITY NtrMBER 1087832
INDEPENDENT EXAMINER
13erringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BRI 3RA
BANKERS
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent ME19 4JQ
OFSTED UNIQUE REFERENCE
137251
Page I

THRESHERS DAY NURSERY
REPORT OF THF, TRUSTEES
for the year euded 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with th¢
f￿ancial slatements of the charity for the year ¢rJded 31 March 2024. The iThstees b2ve adopted the provisious of
Accounting and Reporting by Ch￿lties.. Statement of Recommended Practice applicable to charities prq)aring their accounts
in accordaD¢e with the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019).
OBJECTIVES AND AcfIvITtES
Objeetlves and aims
Thc company was incory)ornted on 27 March 2001 and conrnenced operations in this forni on l April 2nOI. The charity is
coustitutcd as a company limited by guarantee, and is accordingly governed by a Memorandum and ArtiLIcb of Associatio
It is also a registered charity whose objectives are:
To advance the education of children below school age in the London Boroiigh of13Tomley.
To provid¢ for the care and education of ¢hildren in need of care duting out of school hoLWS and school holidays,
To p￿VIde facilities for recreation and other leisure time o¢¢upation of yuch children in the interests of social
welfare with the objects of improving the conditions of life for such children.
Threshers Day Nursery is governed by the Board of TNst¢¢s and is registered by OFSTED for children from age 12 months
to 5 years. Tbe nursery aims to make day care available to all sectors of the lo¢al WrnLlluDity. Fees are k¢pt as low as
economically p(￿sIble and a discretionary bursary s¢hLrync is nm to assist fhmilies in need, including as¥ASting in the payment
of ¢hildren' fccs wher¢ parents are experiencing fInancial difficiilties. The Nursery'g aim is to makc places available
immediately on TequesL If this cannot be achieved thL ¢hild's name will go on a waiting list. Sympath¥tiL consideration .18
given to children rewrnmended by LB of Bromley Social Services Dep&rtment or by a GP or Health Visitor.
To further these aims and objertives the Nursy will:
Promote the Nursery in the local community
Describe th¢ Nursery and its practices in tenns whi¢l) make it Llear that it welcomes all family m¢mber8 alld carcr8
regar(lless of culturaL cibnic, religious and social group or baving any disability.
Remain open 51 weeks of the year- closing only for the Chrisllnas wLL.k.
Advise all enquirers of the NUp￿￿0S OFS1'ED Regislrdtion.
Maint&in a transparent fee and session structure.
Page 2

THRESHERS DAY NURSERY
REPORT OF THE TRUSTEES
for the year ended 31 Ma￿h 2024
OBJECTIVES AND ACTivrriES
Operati(bn&l polley
Th¢ Nursery is required to meet the Statutory and Non Statutory Requirements of the Early Yvdrs Foundation Stage as
Tequiied by OFSTED and seeks to impmve the qua]ity of care for children by offering appropriate developmentsl activities
with a high level of adult input in an enviroDrnent that is safe. stimulatillg and securc. The NurBery aim8 to provide
opportunities for the chilthen to explore, acknowledge and to value similarities and differences betweell theM￿1Ve8 and
others, as well as d¢v¢lop a sense of Independence and an ability to make choices and expre&8 their feelings. The Nursery is
on the Early Yeats Register in order to cornply with the requirernents of OFSTED.
The Government fi￿dS lo¢al authorities via the Early Years Funding Scheme lo pay for cbildren to rec£ive day care in carly
year settings such as Thre8hers Day Nursery. Many of the children who attend Threshers are entitled to this funding. Three
and four year olds have universal entitlements lo 15 hours a week funded care. An additional 15 hours of fimded care As
provided to Working parents (30 hours IT] total). Two year old children who are dlsaavt￿taged are also entitled to funding.
Sorne children are fjjnded by Social Services Department under the Cbildren Act 1989, scction 18 (childmi who require day
care for purposes of g(X)d development of theit health, are (1isabled or in need of protection). Children WI￿ do not meet th¢
Government funding criteria are also admittd to the Nursery ott a fee paying basts. Meals and rcfr￿hmentS are supplied.
The charity employs 20 p¢nnanent staff as well a5 bank staff. apprentices, and offers placements to students who are
studying childcare courses. The ch￿lty Is organis&l so tliat the twstees mcet regulai'ly to manage its affairs.
It has been announced in Parliarn¢nt that in the new tinancial year 2024 thcTC will be more support provided to famili&s, in
tern)s of additional ￿nded hours. It has been proposed that instead of fimdcit hnurs starting from the age of 3. it will now
begin at 9 months. This will include 15 hours a week between th¢ ages of 9 months to 3 years, and between th¢ ages 3 years
to 5 years it will continue at 30 hours a week.
Publlc beneflt
The tru8tee5 con8ider that the Objectiv￿ and aims of the charity described above enabl¢ it to meet its obligations to the
Charity Commission lo advance the education of children below school age ottd provide care and recreatlODal opportunities
t(J Lhildren in the interests of social welfare and to improve the conditions of life for such children. These are fjjrther
onfmcd by its achievements and performances as outlined herein.
Page 3

THRESHERS DAY NURSERY
REPORT OF THE TRU8TF,FS
for the year ended 31 M4rcb 2024
STBATEGIC REPORT
Achievement and performallce
Charltable aelliTrlies
The day to day running of the nursery is delegated by the trnstees to the Manager, Mrs Blerta Bejtya. Trust￿8 are
appreciative of the hard work that Blerta and her team play in maintaining high Standards in day to day operations. Of
particular note is the fine manner in which nursery management dealt witb the managing nursery activities while in tbeAr
temporary relocation during the construction of the New wing.
In September 2021, a new computer-based system called Yconnect, W8s introduced enabling interactive observations of the
children at play to be posted to parents in real time by practitioners. This has been very successful in allowin
parents to be involved in thc daily activities ot their child and ensuring th¢y ar¢ kept up to dafr at all titne8.
A w¢¢kly sports class sponsored by the nursery was intrOdU￿d in March 2023. It provides recreational a¢tivities benefiting
all of the children in tenns of fitne8s, fun and friendship in a safe and nuTtwing ¢nvironment, Supe￿ised by professional
coacbes,
The NuTsery was inspected on December 8th 2022 by Ofsted, undei. sections 49 and 50 of th¢ Childcare Acl 2006. Two
Trustees attended the inspection at the beginning of the day to outline the Board's priorities for the N￿￿ery, as set out in its
8lrate8i¢ plan 2022125. The Inspector undertook a "lean)ing wall(" with the Manager alld spoke to staff and paT¢nts. Ofsted's
assessment was "Good" across all four categories of Quality of Education, Behaviour aad Attitudes, P¢rsondl DevelopmenL
and Leadership and Manugyement. The Inspector Made two recommendations for Improvin8 Standards fL)rther. These
concerned training and stair supervision, and planning lo ensure that all children are consistently challenged in their learning.
The Lloard receives periodic r¢TJorts on the implementstion of tbese rL'Lomrnendalions.
A 51aff appraisal system has been undertaken for all pemianent staff with targets established for the fiwther development of
the Nursery. Appropriate training is provided to 8UPPOrt these plans. Early Years Advisory Tea¢her6 and an Area SENCO
both provide a¢¢ess to specialist advice and support.
Each ycar a Graduation Day AS held for all pre-school children and this lths proven to be popular. Parents have enjoyed
celttbratin8 their child's joiuney at the nursery and it is a proud moment for the staff and parents to see th¢ children growing
up and what they have achieved.
The Nursery pridcs itself on maintaining very positive relations with parents and lo ackn'eve this staff seek to behave in a
professional manner at all ttmes. As much notice as possible is given when it becomes necessary to increase fees and, if
appropriate, additional support may be available tl]rough th¢ Bursary Pund.
Neiv Build
A major objective of the Company ID its 2022125 Strategic Plan was the replacement of one of the two existing buildings
with a suitable modular unit. The London Borough of Bromley granted planning pemlission for th¢ proposcd works on 8
December 2022, following an application submitted on 27 January 2022. The Company's Building Consultants SJH
AssociatL'S undertook a tend¢ring exerciyc for the main contract and associated works during the Spring of 2023. The new
unil was installed on 20 N0ve￿ber 2023 at a total project cost of £574,000 against the original estimate of £516,000.
Suitable al*rnative a¢¢ommodation was sourced locally to enable the Nursery to continue as norn]al duting the building
works, up to 31 January 2024. The Official Opening of the New wing took place on 19 July 2024, with local Council and
community repr&8enÉatives in attend&nce, together with supporters, parents, children, siaff and Trustees. The first phase of
Playscape Scheme bas con]rnencel with the installation of two purpose-built canopies. These will allow the cbildren to
enjoy outdoor education and play in all weathers. The remaining elements of the scheme desi8ned by SJH Associates will be
completed when fimds perniit.
Page 4

THRESHERS DAY NURSERY
RFPORT OF THE TRUSTEES
for the year ended 31 M*rch 2024
STIL4TEGIC REPORT
Flnan¢i*l revie
Flnancial posltlon
The major event of the current fiTwwial year was the coDstru¢tion of a new. purpose built wing at a capital cost of sorne
£560.000. Staff and ¢hildren mov¢d offsite for some 6 months during constrnction, retsllnmg lo the new facility at the end of
January.
The financial position of the year for the nursery resulted in a sutplus of £11,999 (2023 - £137,721) which was acbieved
after recognising a realised loss of £2,975 (2023 - £11.157) on th¢ CAF bond product following its sale on 23 June 2023 at a
value of £ l (M),186.
This operaling [c￿lt were adversely affected by a fall in net income of 6170/• compared to the previous year caused by the
disTuptive effect of being in temporary accommodation with reduced numbeTS of children,
Nursery management continue to maintain a carefijl control over finan¢¢s. but extra LWts wer¢ incurr¢d in having io pay rent
at hvo sites, plus htgh ellergy costs used during the building process, and higher legal costs incuTred reloting to the building
programme.
Depre¢iatioJ of £36,000 represented a 8ignificanl cbarge in the Accounts,
The nuwry'8 a8sets are held in cash and short-terni 8e¢urities. Trnstees conlinuL' to seek the best retL￿￿ while ensuring they
are prote¥ted by the Financial Senrices CompLnsation cap. Th¢ higher interest Tatcs that Prevailed throughout the period
resulted in an almost doubling of interest earned,
Fundraising activities have generated welcome funds with the annual golf day raising some £6.400, and a successfifj quiz
nighi also contn'buted to funds. The excellent support from the Fundraising Committee is much appreciAted..
Threshers 16 also gratthl to Barings who have been providing delicious homemade meals weekly for the last year. They
have also supplied, on a quarterly basis, large food hainperB foT distribution to Threshers families, along with books and
ststionary for the ¢llllthen.
Reserves policy
The dire¢tors have ¢onsider¢d the matter of reserves for the purpose of estab￿'Shjng the level that the charity should
matnlain. At the year end, genLral undesignated Te8erves amount¢d to £459,382 (2023 £145,383). The propcrty
improvement fimd was reduced to £0 (2023 £550,000) and the Bursary Fund remained at £5,000 (2023 - £5,000).
Additional reserves were prepared during the year, a Disruption fimd amounÉed to £183,000 and a New Build filnd amounted
to £65.lJOO.
Incoming resources amounted to £5Crf),130 (2023 - £533,987) compiising of fees receivable of £187,357 (2023 - £201,595),
Education grant £277.667 (2023 - £297,439), Local Authority Fees £9,723 (2023 - £15,030). donations and wntributions of
£7,550 (2023 - £7,575). and investtnent income 01 £17.833 (2023 - £12,348). Unrestricted resource5 exp¢nded amounted in
total to £488,132 (2023 - £385,109)- Total net Incomin￿(vutgolng) resouwes for the year w¢r¢ £11,999 (2023 - £137,721).
Page 5

THRESHERS DAY NURSERY
REPORT OF THE TRUSTEES
for the year ended 31 m￿¢￿ 2(124
STRATEGIC REPORT
Future plans
It should be noted that by late September within 202415 the Board has already authorised payment of the new build costs of
the Nursgry extension plus further costs of Playscapc items for our children and a refurbishment of the NU￿ery kitchen from
within the Propety knprovement Fund and General Fund set out withiti Note.15. Full details will appear with the 202415
Report and Accounts.
Work has commenced with the landlords, the London Borough of Bromley, to review the lease, ￿thIch is due to expire in
December 2027. The Nursery is prole¢ted by a secured tenancy under the Landlord and Tenant Act1954.
The Council has advised that it will commence discussions ¢oncemin8 the Nursery's new lease one year before the expiry of
the eurrcnt lease on 21 December 2027. This will include the revised ren¢ whi¢h the Council has indicated will be based on
a con]merciiil valuation, in accordance with its ncw policy. However, for charities such as Thr&shers Day Nursery, the new
comn]er¢ial tent is likely to be phased in over a three-year period. It will b¢ n¢cessary in du¢ wurse for the Trustees to make
apwopriats provision for the anticipated additional ¢ost,
STRUCTURE, GOVERIYANCE AND MANAGEMENT
Governkng document
The charity is controlled by its governing document a Memorandum and Articles of A&sociation. IÉ is constituted as a limitsd
company, limited by guarantee, as defined by the Comwies Act 1985. The Current Governing document was signed off by
truslees in July 2020.
Recruitment and Appolnlment of neTrv trustees
The Board has the power to appoint additional trustees subject to a clearnnce from the Disclosure and Barying Service
(DBS), formerly CIU3. and the approval of the Office for SlandArds in Education (OFSTED).
New trustees with appropriak skil]s and backgrounds are welcomed by the Board of Trustees. Suitable candidates are
usually appointcd on the retommendation of other trustees or local organisations. Trainin8 is provided where identified a$
helpful in fjjlfilling the role.
Mr T Fisher resigned as a trustee and Chair on 12 May 2023 after 5 years of service dwing which time he guided the
Nursery duling Ihc disruptive period caused by the Covid p￿]demI4 and helped lay plans for the replacement building.
Mike Carney replaccd Tim as Chair on 7 June 2023 and led the SUC￿ss￿l programrne of completing the New Wing.
Mr I Dawson was appointed as trustee and Company Secretary on 12 September 2023 following approval by the Board. Rev
M T Skinner has effected the haudover of the Company Secretary role to Mr l Dawson.
MB S Horler was appointed as trustee on 7 November 2023 following app￿1 by the B0￿d.
Key m2n4gement remuneration
ThL ¢moluments of key management was as follows..
2024
2023
Nurserymanager
42,353
38,693
Page 6

THRESHERS DAY NUtISERY
REPORT OF TIIE TRUSTEES
for the year ended 31 March 2024
STRUCTURE, GOVERNAI¥ICE AND MANAGEMENT
Risk management
The Safety of the childreo staf£ parents and visitors is of paramount importance. Risk assessments for Covid 19 and fire
safety have been ca￿]ed out. Any reports by the Environmental He81th Officers (EHOS) are brought to the attention of the
Trustees and any recommendations are promptly acted upon. The nursery h&8 agaTn been awarded 5 stars at the l&st EHO
inspectio
All of the policies of the nutsery are reviewed annually, or more frequently as changes to regulation8 come into place. This
process ensur￿ they are always in line with The Early Years Foundation Stage Sta￿tOry Framewo￿.
At Thresiws Day Nursery, safeguarding is a key governance Priority. All safeguarding wncerns are reported to a designated
truslce, Lynne Powrie, who works closely wiÉh the management on any issues. Concerns are raised with staff initially.
Safeguarding is on the agenda of every board meeting and any reports are shared with the board. These reports would
include the number, nature and resulting referrals that might occur and any reconllnendations an(UoT implications for the
organisation. All staff are trained annually in 8afeguarding and work with a sound knowledge of Threshers safeguarding
policy. The Manager and Deputy Manager receive Designated Safeguarding Leads training every two years and trustees also
receive trainin8. Threshers follows the DBS Code of Prdctice and receives OFSTED inspeotions.
Report of the ttustees. incorporating a Strategic T￿or￿ approved by order of the board of t￿Stets, as the company directors,
and signed on the board's behalf by..
2os*
T P Courtney FCCA - Trustee
Page 7

NDEPFNDFNT EXAMIIYER',S REPORT TO'fHE TRUSTEES OF
THRESHERS DA Y NLIISERY
Independent examln¢rfs ￿pOrt ts) the In￿t¢￿ of Thr¢shers Day Nur%ery ethe Compony,)
I r¢port to tk rharity trustees on myexa￿l￿a1lQD ot.. th¢ acL'uunty of the Company for the year ehded 31 Marcb 2ff24.
RwDnslbllltie5 und bosls of repnrt
As th¢ ¢harrtYs trugttes of the Company (wid also its dir¢¢tors for th¢ purpose& of £omwy law) voii are ￿sponsible for the
prep￿atIon of the a￿)unts IFJ ciccordance Fvith th¢ rcquirom¢nts ufth¢ Compani&s Act 20Q6 (the 2006 Acv).
Having satisfied myself that th¢ accounts of the Ccimpllny are iiot requtred to b¥ audited under Pdrt 16 of the 2006 Act ond
are eligible for independent cxainination, I report in resped of my examiiiation of y'otw charitv's a¢Èounts a5 LarrAed out
under 8¢ction 145 of the Chatitiis Act 2011 Ctho 2011 A¢V). In Lurrying out examination I have followed the Directions
given by the Chanty Commwion under SeL%ion 145(5) (b) of ihe 201 k Act.
Independent exxmlner's statement
Since your charity's gross in¢om¢ ex¢È¢dèd £250,000 your examiner MYSÉ be a member of a listed body. t ran ¢onfinn that I
am qualified ts) ￿ndertak¢ the txarnination b¢cause l am a member u&. the Inatitute of Cbartered Accountants fftn England and
Wales, which is one of th¢ listed bodies.
I have completed my examination. I cohfim) no matters hai'e come to ms attention in cohnection with th¢ examlnation
giving rne oause to believe:
accoLmEing r￿OrdS were not kept kn respect of the Lornpaiiy &$ I'¢quir¢d by Sectlon 386 of the 2006 Act; or
th¢ uccounts do nut accord with tlioqe records. or
the accounts do not g￿nplY w'ith the dLcountiiig r¢quiremeiits of Section 396 of the 2￿6 Act other Ihan any
requircmcnt that the accounls give a tnie and t.air view which li not u matter COlL%idered as of an independent
examiD4tion; or
th¢ a¢counts have not b¢en prepared ui accorthiee with the m¢thods and principl¢s of tlie Statement of
Recommended Praeiic'v for accouiiting ond reporting by Charities (appli¢abl¢ io Charities preparing their accounts in
accordance with the Financftal Report￿8 Stsiidard app1]￿ble in tl)e UK ￿)d Republic of Ireland (FRS 102)).
I hav¢ no con¢erns and have ¢ome a¢ros$ no other niatter5 in connection wryth tFie examination to whi¢h attention shoLdd be
drawn in this report in ordw to thioble A proper understanding of the ac¢ouiilS lo be reached.
Paul S Allan Bsocsc FCA
Berringers LLP
Chaffer¢d. Accountants
LygoT] House
50 IA>ndott Road
Bromley
RI 3RA
Pa¥e 8

THRESHERS DAY NURSERY
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPEIWITURE ACCOU
for the year ended 31 March 2024
2024
Tolal
funds
2023
Total
Unrestri¢tsd
fun(Ls
Restricted
fLmds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
7JSO
7,550
7.575
Ch*ritable aedvltles
Provision of care and education
474,747
474,747
514,064
Investhient income
17033
17033
12,348
Total
5(Ml,130
500,130
533,987
EXPENDITURE ON
ChArltsble actlvltles
Provision of care and education
485,156
485,156
385,109
Net gainsl(losses) on inv￿tments
(1975)
(2,975)
(11,157)
NET INCOME
11,999
11,999
137,721
RECONCILIATION OF FifNDS
Totsl fithds brought forward
700 J83
700J83
562,662
TOTAL FUNDS CARRIED FORWARD
712J82
712J82
7(10,383
The notes fom] part of these fuwlcial statemen15
Page 9

THRESHERS DAY NURSERY
BALANCE SHEET
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Note5
FIXED ASSETS
Tangible assets
tnvestments
10
52&471
528,471
8,753
101761
528,471
52&471
110,514
CURRENT ASSETS
Debtor5
Cash at bank and in hand
12
17,020
250,617
17,020
250 617
22,349
267,637
267,637
603,295
CREDITORS
Amounts falling due within one year
13
(83,726)
(83,726)
(13,426)
NET CURRENT ASSETS
183,911
589 869
TOTAL ASSETS LESS CURRENT
LIABILITIES
712,382
712,382
700.383
NET ASSETS
712
712J82
700 383
FUNDS
Unrestricted funds
15
700 383
TOTAL FUI¥DS
700 383
The charitable cornpany is entitled to exemption from audit under S¢¢tion 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The member5 have not required the company to obtain an audit of its f￿ancial statements for th¢ year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The notes forni part of these fmancial statetnents
Page 10
continued...

THRESHERS DAY NURSERY
BALANCE SHEET- ¢onÉinued
31 March 2024
The trustees acl(nowledge their responsibilities for
(a)
ellsuring that the charitable cornpany keeps accounting records that comply with Sections 3 86 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each fmancial year and of its sU￿1￿S or deficit for each fman¢ial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requlrements of th¢ Companies Act
2006 relating to financial ststsments, so far as applicable to the charitable Company.
nancial statements were appn)ved by the Board of Trustees and authorised foi issue on
and were signed on its beha]f by..
T P Courtney FCCA - Trustee
The notss forni part of these fll)ancial statements
Pagell

THRESHERS DAY NURSERY
CASH FLOW STATtI MLNT
for the year ¢llded 31 March 2024
2024
2023
Notes
Casb flows from operatlng activities
Cash g¢nerated from operations
114146
131.002
Net cash provided by operating activities
114,846
131,002
Cash flows from investing actlvities
Purchase of tangibl¢ fixed assets
Pu￿h&se of fixed asset investments
Sale of fixed asset investm¢nts
Interest received
(561,794)
(1,400)
100,186
17,833
(85)
(3.896)
12,348
Net eash (used in)Iprovided by investing activities
(445.175)
8,367
Change In ¢8$h and eAsh equlvalents fin the
repiirtlng period
Cash coih equivalents at the beglnnlng
of the reporting period
(330,329)
139,369
580,946
441,577
Cash and cash equlvalents at the end fyf the
reporting perlod
250,617
580,946
The llOte￿ forni part of these financial statements
Page 12

THRESHERS DAY I￿RSERy
NOTES TO THE CASH FLOW STATEMENT
for the year ended 31 March 2&24
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM oPERAT￿G AcfiviTIES
2024
2023
Net income for the reportlng period (as per the Statement of IlnaneiAI
aetivitles)
Adjustments for:
Depreciation charges
Losses on investments
Loss on disposal of f￿ed &ssets
Interest received
Decrea8el(increas¢) in debtors
IDcrcase in creditor8
11,999
137,721
36,076
2,975
6,000
(17033)
S J311
70,299
4,933
11.157
42
(12,348)
(13,078)
2,575
Net cash provided by operation$
11£846
131.002
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
580,946
(330,329)
250,617
580,946
(330J29)
250,617
Total
580,946
(3_30,329)
250,617
The notes fomi part of these financial statemeDts
Page 13

THRESHERS DAY NURSERY
NOTES TQ THF. FINANCLiL STATEMENTS
for the year ended 31 March 2024
ACCOUNTINC POLICIES
Basls of preparing the finaTrclal staiements
The financial statements of the charitable ¢otnpany, which 16 a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Ac￿￿nting and ReTthing by Charities.. Ststement of
Reconllnended Practice applicable to charities preparing their accounts in a￿ordance with the Financial Rq)orting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting
Standard 102 'The Finaneial Reporting Standard applicable in the UK and Republic of Ireland, and the Coiiipanie8
Act 2006. The financial statements have been prepaTed under the historical cost convention, with the exception of
investrnents which are included at market value. as modified by the revaluation of certain assets.
Ineome
All income is recognised in the Statement of Financial Activities once the charity Iw entitlement to the funds, it is
probable that the income will bc received and th¢ tllnount can be measured reliably. Donations includes voluntary
income fi'om fimdtaising activities.
Expenditure
Liabilities are recognised as expenditure as soon as there is & legal or constsuctive obligation committing the charity
to that cxpcnditure, it 1$ probable that a transfer of economic benefits will be required in settlement and the amount
of the Obli￿li0n can be measured reliably. Expenditure is accounted for on an accruals ba$is and h&8 been ¢lassified
under headings that awgate all cost wlated to the cate80ry. Where Costs cannot be directly attributed to particular
headings they have been allouatcd to activities on a basis ¢onsistent with the use of resources.
Gov¢rnance costs
Governance costs comprise the legal and ststutory costs of operating the chwity.
Tangible fixed assets
Depreciation is provided at the following annual rdtes in order to write off each asset over its estirnat￿ useful life.
New Build 2024
tmprovementS to property
Fixture, fittin88 & equipment
qtraight line over 25 years
Straight line over10 yeaTS and Straight line over 3 years
331J/o on cost
The Trustees consider that no impainnent of fixed a$$ets is deemed neceuary.
Taxatlon
The charity is exempt from corpordtion t&K on its charitsble activities.
Fund accounthig
Unrestricted funds can be used in accordance with the ch￿itable objectives at the discretion of the trllstees.
Further explanation of the nature and purpose of each fi￿d is included in the notes to the financial statements.
Pensfion eosts and other post-retirement benefits
The charitable company operates a defiiied contrlbution pension scheme. Contributions payable to the Charitable
company's pU￿10n schem¢ are Gharged to the Ststement of Financial ActivEties in the pui(Kl to which they r¢lat¢.
Play equlpment
The purchase of play equipment is debited to the Income and EXpenditll￿ Account each year. In addition the ¢harity
receives many items of play ¢quipment and consutnables frorn donations during the year but it is not possible to
quantify the value.
Page 14
continued..,

TIIRESHERS DAY NURSERY
NOTES TO THE FtNANCIAL STATEMENTS - continued
for the year ended 31 March 21124
ACCOUNTING POLICIES- continued
Investments
Investments are stated at market value at the balance sheet date. The Statement of Financial Activities includes net
gains and losses arising on ttvaluations.
DONATIONS AIYD LEGACIES
2024
2023
Donations
7,5
7,575
INVESTMENT INCOME
2024
2023
Dq)osit account interest
Investhjent income from quoted investments
16,433
1,41KI
8,453
3,895
17033
12.348
¥COlv￿ FROM CFIARITABLE ACTIvrriES
2024
2023
IA)cal Authority Fees
Parents, Fees
Education grants
9,723
187,357
277,667
15.030
201.595
310,699
474,747
514,064
CHARITABLE ACTIVITIES COSTS
2024
2023
Provision of care and education
Wages, Social Security & Pension
NuTSery Costs
Support Costs
337,545
133,689
13,922
313,571
61,045
10,493
485,156
385.109
Page 15
conltnued...

THRESHERS DAY NttKSERY
NOTES TO THE FINANCtAL STATEMENT,8 - eontinued
for the year ended 31 March 2024
SUPPORT COSTS
Governance
cosls
Totals
Provision of care and education
12J22
1,600
13922
NET INCOME/(EXPENDITURE)
Nct incomel(¢xpenditurc} is stated after chargiDg/(crediting):
2024
2023
Depreciation- owned assets
Defi¢it on disposal of fLxcd assets
3A076
6,UOO
4,932
42
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustee5' remuneration or other benefits for the year end¢d 31 March 2024 nor for the year ended
3 l March 2023.
Trust¢e5' expense8
There were no trustees, expenscs paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
STAFF COSTS
2024
2023
Saknies
Social Searity costs
Pensions
Cleaning
Training
Rec￿ltment costs
306,1)03
13,602
7A62
5,668
3,890
920
286,93 L
12,538
6,017
5,200
2,157
728
337,545
313,571
No employee earned more than £60,000 per annurll.
There were 15 (2023 - 15) ￿11 time ernployees assisted by part time employees and volunteers during the year, all
engaged in ch￿ltable activities. The total average number of staff employed was 20 {2023 - 22).
Page 16
continued..

THRESItEKS DAY NURSERY
NOTES TO THE FINANCIAL STATF,IKENTS - continued
for the year end￿ 31 March 2024
io.
TANGIBLE FIXED ASSETS
Improvements
Fixture,
fittings
& equipment
New Build
2024
property
Totals
COST
At l April 2023
Additions
Disposals
24&331
54,487
{172209)
61,097
12J09
(30A85)
309.428
561.794
{202,794)
494998
At 31 March 2024
494998
130,609
42021
66&428
DEt PRECIATION
At l April 2023
Charge for year
Eliminated on disposal
248,076
9,703
(172,209)
52,599
6573
(24W5)
300,675
3Q076
{196,794)
19,800
At 31 March 2024
19000
8S570
34W7
139,957
NET BOOK VALUE
At 31 March 2024
475,198
45,039
8,234
528,471
At 31 March 2023
255
8,498
8.753
ii.
FIXED ASSET JNVESTMENTS
There were no illvesltnent assets outside the UL
Cost at 31 March 2024
Cost at 31 March 2023
101,76 I
The investments were Withdra￿ on 23 June 2023 for a total of £100,186. Any gain or loss on the Sale is taken to the
Statement of Financial Activities.
12.
DEBTORS: AMOUNfs FALLIIYG DUE WITHIN OIYE YEAR
2024
2023
Debtors
Prepayments and accrued income
io,Ko
6,150
10,495
11,854
17,020
22,349
Page 17
continued...

TIlliESHERS DAY NURSERY
NOTES TO THE FINANCLIL STATEMF,NTS- condnued
for the year ended 31 MarLh 2024
13.
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Social 8ecuTity and other taxes
Fee5 Received in Advance
Accruals and deferred income
4J02
630
78,794
3,361
682
9,383
83,726
13,426
14.
LEASING AGREEMENTS
Minimum lease payments under nOn-Can￿lIable operating leas￿ fall due as follows:
2024
2023
Within one year
Between one and five years
tn more than five years
8,957
27,974
6,578
26.312
36,931
32.890
These commitments relats to the Current rental of the property and increase in line with inflation. The lease wa8
increased to £1,963.03 per quarter from 25 December 2022 and to £2,331.18 per quarter from 22 Deeember 2023.
The current lease with the London Borough of Bromley expires on 22 December 2027.
15.
MOVEMENT IN FUNDS
Net
movement
in fimds
Transfers
between
fi￿d8
At
31.3.24
At 1.4.23
UnrestrACted fund•
General fund
Property Improvement Fund
Bursary Fund
Disruption Fund
New Build Fund
145J83
55(b,QllO
5,O(Kl
11,999
302,000
(550,000}
459,382
5,000
183.000
65,000
183,000
65,0011
700J83
11,999
712,382
TOTAL FUNDS
700J83
11,999
711382
Net movement in fimds, included iu the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unr¢5tricted fund8
General fund
500,130
(48&156)
(1975)
11.999
TOTAL FUNDS
500,130
(485,156)
(2,975)
11,999
Page 18
continued..

THRESHERS DAY IYURSERY
NOTES TO THE FtNANCIAL STATEMENTS - Co￿tInUed
for the year ended 31 M&rnh 2024
15.
MOVEMENT IN FUNDS- continued
Comparattves for movement In funds
Net
movetnent
in thnds
Tr￿Sfe[S
between
fL￿d8
At
31.3.23
At 1.4.22
Unrestricted fund8
General fund
Propety improvement Fund
Bursary Fund
219,170
338,492
5,000
138,110
(211,897)
211,508
389
145,383
550,000
5.000
(389)
562,662
137,721
700.383
TOTAL FUNDS
562.662
137,721
7(K),383
Comparative net movement in funds, included in the above are as follows.,
Incorning
resource5
Resources
expended
Gains and
losse5
Movement
in funds
Unrestricted tsnds
Gcncrnl fi￿d
Bursary Fund
533,987
(384,720)
(389)
(11,157)
138,110
(389)
533,987
(385,109)
(11,157)
137,721
TOTAL FUNDS
533,987
(385,109)
(11,157)
137.721
Deglgnated Funds
Current year at 31.03.2024
Unrestricted
In accordance with Charity Conllnisslon guidelines, the Board has made the following provisions having regard to its
attitude to risk.
Dismption Fund - This fund was set up to cover any prolonged period of dislocation or terniination of Nu)Eery
activities, comprising £73,000 of liabilities to cover employee benLfits if the Charity had to cease trading, and
£110,000 being 3 month5 Worth of fixed operating costs.
FurtheT, the Board a￿ed to retain a minimum reserve in various cash deposits of some £183.000. This sum will be
reviewed periodically and updated ￿ necessary.
New Build Fund- This fi￿d was set up to cover a potential liability that may arise from the New building proj¢cL
Bursary Fund- This fund was set up to help disadvantaged children attending the Nursery.
Page 19
continued...

NOTES TO THF, FINANCtAL STATELIIENTS - contlnued
for the year ended 31 March 2024
16.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 20

TIlliESHERS DAY IWRSERY
DETAILED STATEMENT OF FINANC,IAL ACTIVITIES
for the year ended 31 March 2024
2024
2023
INCOME AIYD ENDOWMENTS
Donations and legacles
Donations
7A50
7.575
Investment income
Deposil account interest
Investment income from quoted investments
16,433
1,400
8,453
3,895
17,833
12,348
Charltable activltles
Local Authority Fees
Parents, Fees
Education Grant
9,723
187,357
277,667
15,030
201,595
297,439
474,747
514,064
Total Ancomlng resources
500,130
533,987
EXPEIYDITURE
Charltable #¢dvltley
Wages
Social security
Pensions
Rent
Light, heat water & insurance
Telephone
Printing> Postage, stationery & olyice expenses
Sundties
Repairs & rnaintenanee
Food & drink
Play equipment & welfare
Nappies, wipes & disposa18
Child supwTrrt costs
Bad debts
Depreciation of improvements
Plant and ma¢hinery
Depreciation of fixÉures & fittings
s on sale of tangible fixed assets
317231
13,602
7,462
295,016
12,538
6,017
7,244
11,249
1,105
3,647
3,967
8,485
8,954
7,354
3,889
389
(213)
1,729
21,260
921
3,987
6,520
8,379
7,215
3,476
lJ56
307
9,703
19,800
6J73
000
3,204
42
471,234
374,616
Support Costs
This page does not fotm part of th¢ statutory financial statements
Page 21

THRESHERS DAY IYURSERY
DETAll￿D STATEMENT OF FINANCIAL ACTtVlTIES
for the year ended 31 March 21)24
2024
2023
Support eosts
Other
LeEal & professional fees
12,322
9,093
Governamce costs
Independent exajnination
1,600
1,4CK)
Totsl r￿OUrceS expended
485,156
385.109
Net kncome before gains and losses
14,974
148.878
Reulised rccogn18ed gAins llnd losses
Realised gains on illvesthnent assets
(2,975)
Net Income
11,999
148,878
This page does not fonn part of the slatstory financial staternents
Page 22