REGISTERED COMPANY NUMBER: 04001165 (England and Wales) REGISTERED CHARITY NUMBER: 1088332
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2025
for
Yorkies Daycare
George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU
Yorkies Daycare
Contents of the Financial Statements for the Year Ended 31 August 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
Yorkies Daycare
Report of the Trustees for the Year Ended 31 August 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
In this financial year, we have provided wraparound care for a total of twelve children. We continue to offer places and sessions free of charge when the need arises, particularly in emergencies such as parents or carers requiring childcare to attend hospital or other essential appointments. We also provide respite care in situations where close or immediate family members are chronically or gravely ill, as well as childcare support for parents and carers attending funerals.
Many of our families have no local support network, and we have therefore offered additional sessions where needed, including support following the arrival of a new baby.
One family remained with us from the previous year due to financial hardship and because a parent was undergoing cancer treatment. As in the previous year, we also supported them with groceries before referring them to a local food bank.
During the winter period, two families were provided with breakfast sessions due to logistical challenges in children to different schools in Hitchin. One of these families has since been offered a permanent breakfast and after-school place due to ongoing financial difficulty.
We also supported a family with a free place for two months following the loss of a parent's job; they resumed payment once employment was secured. Another family joined us while their nanny underwent cancer treatment, enabling her to attend chemotherapy and recovery appointments. This family later made a donation in appreciation of the support received.
In addition, four families required support over the year to attend funerals, job interviews, and medical appointments. We also provided wraparound care for one family with a grandparent in hospice care, and another where a grandparent-previously responsible for school pick-ups-suffered a broken hip. We continue to support both families.
Over the past year, the number of families requiring additional support has more than doubled. A significantly higher proportion of our families are experiencing hardship, and we remain committed to offering assistance wherever possible. We also encourage the school to refer families to us where existing funding does not meet their needs.
All families identified as requiring additional support during holidays and the Christmas period were referred to North Herts District Council for access to available hardship grants.
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Yorkies Daycare
Report of the Trustees for the Year Ended 31 August 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Yorkies has continued to contribute financially towards repairs and improvements at York Road Nursery School, particularly in light of ongoing education budget cuts and the ageing condition of the building. This year, funding has been provided for the refurbishment of toilet facilities and the creation of a new changing area. These upgrades are in line with the forthcoming EYFS guidelines, ensuring a dignified and safe environment for children who need to change or be changed.
This work has also enabled the development of a new classroom space for two-year-olds, many of whom access funded places and continue to use our services when they turn three. As a result, the school has been able to expand its provision.
In response to updated EYFS requirements, we have also funded additional paediatric first aid training for staff at both Yorkies and the nursery school to ensure compliance with current regulations.
We supported the creation of a dedicated provision and library area for children with SEND, offering a quiet and supportive space for those who may find the classroom environment overwhelming at the start of the day. This space has been designed for flexible use and now also functions as a cooking area, incorporating the kitchen we donated last year to maximise its use throughout the day.
Further improvements include funding a new decking area outside this classroom, transforming a previously unused space. We continue to support the development of the garden, including the donation of a 'hot compost bin' to promote recycling. In addition, we assisted in securing a grant for a child-friendly greenhouse. A sensory garden has also been established in a previously unused part of the grounds, with Yorkies funding the installation of hardcore to ensure proper drainage and year-round usability.
The trustees have fulfilled their duty to have due regard to the Charity Commission's guidance on public benefit in the exercise of their powers and responsibilities.
FINANCIAL REVIEW
Financial position
This year incoming resources amounted to £299,060, (2024 - £283,286), whilst expenditure amounted to £349,431 (2024 - £284,080). This resulted in net expenditure of £50,371 compared to a net expenditure of £794 in 2024.
The trustees are grateful to all those who have contributed in any way to achievement of these results.
Reserves policy
The Memorandum of Association has established that where the financial balances (sum of unrestricted funding and restricted salary funds) fall below a value equivalent to two months wage costs against known projected income figures a committee meeting will be convened, with H.C.C Early Childhood Unit invited to attend. The trustees will consider how funds can be replaced. Currently the financial balances are £107,533 (2024 - £157,904) which is above the value of 5 (2024 - 5) months' wages costs against known projected income figures.
Reserves exceed the level set by the board, so deficits in recent periods have not been a concern as we continue to meet our charitable objectives.
Going concern
After making appropriate enquiries, the Trustees are not adopting the going concern basis, as the Company has a known date for cessation. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
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.
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Yorkies Daycare
Report of the Trustees for the Year Ended 31 August 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
New trustees are nominated by members of the board of trustees, interviewed by a panel of trustees and appointed where they have the necessary skills to contribute to the charity's management and development.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04001165 (England and Wales)
Registered Charity number 1088332
Registered office
York Road Nursery York Road Hitchin Hertfordshire SG5 1XA
Trustees
Ms L B Fox Nursery Manager (appointed 1/11/2024) Ms L A Mitchell Director Ms D M Szanto Nursery Nurse Ms D P Frainer Headteacher (resigned 1/11/2024)
Company Secretary
Ms L A Mitchell
Independent Examiner
George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 22 May 2026 and signed on its behalf by:
Ms L A Mitchell - Trustee
Page 3
Independent Examiner's Report to the Trustees of Yorkies Daycare
Independent examiner's report to the trustees of Yorkies Daycare ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Emma Wilsher FCA
George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU
29 June 2026
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Yorkies Daycare
Statement of Financial Activities for the Year Ended 31 August 2025
| 31/8/25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities 296,618 Investment income 2 2,442 Total 299,060 EXPENDITURE ON Raising funds 3 27,326 Charitable activities Charitable Activities 320,552 Other 200 Total 348,078 Net gains/(losses) on investments (1,353) NET INCOME/(EXPENDITURE) (50,371) RECONCILIATION OF FUNDS Total funds brought forward 157,904 TOTAL FUNDS CARRIED FORWARD 107,533 |
31/8/24 Total funds £ 280,623 2,663 283,286 - 286,134 - 286,134 2,054 (794) 158,698 157,904 |
|---|---|
The notes form part of these financial statements
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Yorkies Daycare
Balance Sheet 31 August 2025
| 31/8/25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 11,335 Investments 9 56,184 67,519 CURRENT ASSETS Debtors 10 - Cash at bank 51,079 51,079 CREDITORS Amounts falling due within one year 11 (11,065) NET CURRENT ASSETS 40,014 TOTAL ASSETS LESS CURRENT LIABILITIES 107,533 NET ASSETS 107,533 FUNDS 12 Unrestricted funds 107,533 TOTAL FUNDS 107,533 |
31/8/24 Total funds £ 14,169 56,674 70,843 3,000 92,757 95,757 (8,696) 87,061 157,904 157,904 157,904 157,904 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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 financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Yorkies Daycare
Balance Sheet - continued 31 August 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 May 2026 and were signed on its behalf by:
L A Mitchell - Trustee
The notes form part of these financial statements
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Yorkies Daycare
Notes to the Financial Statements for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Going Concern
In the current period, prior to sign off on the accounts, the decision was made to close Yorkies Daycare with effect from 31st August 2026. The charity is therefore not deemed to be a going concern and the accounts have been prepared on this basis, with all assets and liabilities shown at their recoverable amounts.
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.
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.
Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Improvements to property 25% Straight line Fixtures and fittings 20% Straight line Computer equipment 20% Straight line
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Yorkies Daycare
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Investments
Fixed asset investments comprise of investments in equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement. Fair value is based on market values provided by Raymond James the Company's Investment Advisers.
2. INVESTMENT INCOME
| 2. | INVESTMENT INCOME | ||
|---|---|---|---|
| 31/8/25 | 31/8/24 | ||
| £ | £ | ||
| Other fixed asset inv - UnFII | 2,038 | 2,130 | |
| Deposit account interest | 404 | 533 | |
| 2,442 | 2,663 | ||
| 3. | RAISING FUNDS | ||
| Investment management costs | |||
| 31/8/25 | 31/8/24 | ||
| £ | £ | ||
| Property repairs | 27,326 | - |
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31/8/25 | 31/8/24 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation - owned assets | 2,834 | 727 | |
| 5. | TRUSTEES' REMUNERATION AND BENEFITS | ||
| 31/8/25 | 31/8/24 | ||
| £ | £ | ||
| Trustees' salaries | 54,216 | 40,944 |
The total trustees remuneration including pension contribution for 2025 was £54,216 (2024 - £40,944).
The total employee benefits including pension contributions of the key management personal were £4,021 (2024 - £3,017)..
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024 - £0). No charity trustee received payment for professional or other services supplied to the charity (2024 - £0)
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
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Yorkies Daycare
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Trustees Staff No employees received emoluments in excess of £60,000. 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities Investment income Total EXPENDITURE ON Charitable activities Charitable Activities Net gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31/8/25 31/8/24 2 2 12 15 14 17 Unrestricted fund £ 280,623 2,663 283,286 286,134 2,054 (794) 158,698 157,904 |
|---|---|
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Yorkies Daycare
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
| 8. TANGIBLE FIXED ASSETS Improvements to property £ COST At 1 September 2024 and 31 August 2025 14,985 DEPRECIATION At 1 September 2024 14,985 Charge for year - At 31 August 2025 14,985 NET BOOK VALUE At 31 August 2025 - At 31 August 2024 - 9. FIXED ASSET INVESTMENTS MARKET VALUE At 1 September 2024 Additions Disposals Revaluations At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 31 August 2024 There were no investment assets outside the UK. Cost or valuation at 31 August 2025 is represented by: Valuation in 2022 Valuation in 2023 Valuation in 2024 Valuation in 2025 Cost |
Fixtures and Computer fittings equipment Totals £ £ £ 15,752 2,698 33,435 3,961 320 19,266 2,358 476 2,834 6,319 796 22,100 9,433 1,902 11,335 11,791 2,378 14,169 Listed investments £ 56,674 4,345 (4,429) (406) 56,184 56,184 56,674 Listed investments £ (3,551) (3,501) 1,893 (407) 61,750 56,184 |
|---|---|
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Yorkies Daycare
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
| 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accruals and deferred income 12. MOVEMENT IN FUNDS At 1.9.24 £ Unrestricted funds General fund 157,904 TOTAL FUNDS 157,904 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 299,060 (348,078) TOTAL FUNDS 299,060 (348,078) Comparatives for movement in funds At 1.9.23 £ Unrestricted funds General fund 158,698 TOTAL FUNDS 158,698 |
31/8/25 31/8/24 £ £ - 3,000 31/8/25 31/8/24 £ £ 4,244 3,074 1,685 3,402 5,136 2,220 11,065 8,696 Net movement At in funds 31.8.25 £ £ (50,371) 107,533 (50,371) 107,533 Gains and Movement losses in funds £ £ (1,353) (50,371) (1,353) (50,371) Net movement At in funds 31.8.24 £ £ (794) 157,904 (794) 157,904 |
|---|---|
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Yorkies Daycare
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 283,286 283,286 |
Resources expended £ (286,134) (286,134) |
Gains and Movement losses in funds £ £ 2,054 (794) 2,054 (794) |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.9.23 £ 158,698 158,698 |
Net movement in funds £ (51,165) (51,165) |
At 31.8.25 £ 107,533 |
|---|---|---|---|
| 107,533 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 582,346 582,346 |
Resources expended £ (634,212) (634,212) |
Gains and Movement losses in funds £ £ 701 (51,165) 701 (51,165) |
|---|---|---|---|
13. RELATED PARTY DISCLOSURES
The charity is connected to York Road Nursery & Pre School, During the year the charity received income of £60,004 and expenditure in respect of £43,338 for rent and repairs costs
There were no other related party transactions.
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Yorkies Daycare
Detailed Statement of Financial Activities for the Year Ended 31 August 2025
| 31/8/25 | 31/8/24 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Investment income | ||
| Other fixed asset inv - UnFII | 2,038 | 2,130 |
| Deposit account interest | 404 | 533 |
| 2,442 | 2,663 | |
| Charitable activities | ||
| Childcare fees | 296,618 | 280,623 |
| Total incoming resources | 299,060 | 283,286 |
| EXPENDITURE | ||
| Investment management costs | ||
| Property repairs | 27,326 | - |
| Charitable activities | ||
| Trustees' salaries | 54,216 | 40,944 |
| Wages | 171,603 | 170,085 |
| Social security | - | 1,862 |
| Pensions | 10,765 | 8,765 |
| Activity and material costs | 2,983 | 3,694 |
| Payroll costs | 3,212 | 2,347 |
| Staff Uniforms | 591 | - |
| Training costs | 1,522 | 2,687 |
| Management fees | 710 | 799 |
| 245,602 | 231,183 | |
| Other | ||
| No description | 200 | - |
| Support costs | ||
| Management | ||
| Rent, Rates and water | 40,000 | 17,851 |
| Insurance | 553 | 535 |
| Telephone | 514 | 549 |
| Postage and stationery | 2,275 | 1,077 |
| Sundries | 553 | 350 |
| Catering | 11,756 | 10,377 |
| Gifts and rewards | - | 200 |
| Recruitment costs | 503 | 826 |
| 56,154 | 31,765 | |
| Finance | ||
| Bank charges | 608 | 623 |
| Information technology | ||
| Repairs and renewals | 8,024 | 10,680 |
| Carried forward | 8,024 | 10,680 |
This page does not form part of the statutory financial statements
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Yorkies Daycare
Detailed Statement of Financial Activities for the Year Ended 31 August 2025
| 31/8/25 | 31/8/24 | |
|---|---|---|
| £ | £ | |
| Information technology | ||
| Brought forward | 8,024 | 10,680 |
| Software | 3,157 | 1,941 |
| 11,181 | 12,621 | |
| Other | ||
| Fixtures and fittings | 2,358 | 407 |
| Computer equipment | 476 | 320 |
| 2,834 | 727 | |
| Governance costs | ||
| Accountancy and examination fees | 428 | 3,625 |
| Professional fees | 3,745 | 2,090 |
| Legal fees | - | 3,500 |
| 4,173 | 9,215 | |
| Total resources expended | 348,078 | 286,134 |
| Net expenditure before gains and losses | (49,018) | (2,848) |
| Realised recognised gains and losses | ||
| Gains/(losses) on fixed asset investments | (1,353) | 2,054 |
| Net expenditure | (50,371) | (794) |
This page does not form part of the statutory financial statements
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