Charlty Reglstratlon No. 1096370 STAR NURSERY AND PLAYSCHOOL ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
STAR NURSERY AND PLAYSCHOOL CONTENTS Page Legal and administrative information Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Notes to the accounts 8-12
STAR NURSERY AND PLAYSCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Stsr Nursery and playschool is an unincorporated registered charity number 1096370 Trustees Alison Sheridan (Chair) Michelle Oates Jenny Busby Shanel Allthorpe (resigned 12 June 2024) Emma Butler Davina Lee Varrall Charity number 1096370 Principal address Chiltern Way Basingstoke RG22 5BB Independent Examlner Knight Goodhead Limited 7 Boumemouth Road Chandlerfs Ford Eastleigh Hampshire S053 3DA Bankers Lloyds Bank PIC 2 Winchester Street Ba8ingstoke RG217EB
STAR NURSERY AND PLAYSCHOOL REPORT OF THE TRUSTEES OF STAR NURSERY AND PLAYSCHOOL FOR THE YEAR ENDED 31 AUGUST 2024 Structure, goveman¢e and management Star Nursery and playschool is a charity. governed by a formal constitution. The charity Is managed by a committee of which there are five members, a full time Manager, Deputy Manager and a third in charge. Each new commtttee member has to be elected by two existing committee members. All committee members are given a copy of the Charities constitution and must be DBS cleared to prove their suitability to OFSTED. Committee members are also asked to read the policies of the setting. The committee have regular meetings to discuss the Nursery. The management team work closely with Hampshir6 County Council and OFSTED to ensure correct policies and procedures are followed within the settlng. They ensure staff hav6 the appropriate training and have read all policieslprocedures before joining the Setting and are informed of any updates as they are announced. They work closely with the Hon6ycomb Children's Centre to ensure the best outcomes for the children in the setting. The committee meet regularly to do building risk assessments. daily risk assessments are carried out by management. Objectives Star Nursery and Playschool aims to provide a safe and secure environment with lots of available resources for the children to assist with their leamlng and development. To ensure all areas of the EYFS are being met. To build good working relationships with our parentslcarers to ensure the best possible outcomes for their children. To build good working relationships with outside agencies to ensure we are meeting children's individual needs. To maintain the standards and guidelines set up by OFSTED. To regularly reflect upon and develop the Nursery. To 8nsure all staff attend at18ast 4 training courses per year. Maln actlvltles undertaken for the publlc beneflt The Nursery provides spaces for 2, 3 and 4 year old grant funded children. The area in which we are situated is classed as a deprived area. We still have a good number of 2 year olds attending the Nursery. We work closely with Chiltern Primary School to ensure smooth transitions for our school leavers, the reception teacher visits the children On a week through July to help with the transition period, the children also visit the school throughout this time. TPA'S are done with the school by the SEN for the children who need extra support, this gives the school a bit of background on the child and what they may need to put into place to ensure a smooth transition. Policies are updated regularly and kept in our reption area where parents can accass them.
STAR NURSERY AND PLAYSCHOOL REPORT OF THE TRUSTEES OF STAR NURSERY AND PLAYSCHOOL FOR THE YEAR ENDED 31 AUGUST 2024 Summary of the main achievements of the charity during the year Numbers for September 2023 were good with children on the waiting list to start in April 2024. We were at full capacity by May 2024. The waiting list is starting to grow for the coming months, especially for September 2024 starters. A new staff member was employed in March 2024 for our pre-school room to ensure we are working to the correct ratios. This was due to the rooms being at maximum capacity. New wooden effect vinyl flooring was laid in the toddler room in June 2024. The room looks so much brighter and inviting. and looks so cosy now, alongside the curiosty approach. Parents have commented on how much it has improved the whole look of the room. Going forward, we are looking at replacing the flooring in the baby room, reception, hallways, office and staff room. New computers were purchased for the Nursery. The old ones were slow and it was not ideal for the day to day running of the Nursery. The food bank delivery on a Wednesday is still working well and we have had an increase of families needing these. We also ensure our own food bank located in reception is topped up weekly. We have purchased a marquee for the baby room. This is a welcome addition because it allows the children to access the fresh air daily. Due to their ages they are unable to do free flow like the children in the other rooms, so this is a great asset to the room. We held our summer fete in July, which was a big success and managed to raise enough money to buy new resources for the rooms including the marquee. Financlal re8W and Roserves policy During the year, the charity made a surplus of £24,826 (2023: £9,770), which has been added to reserves. The trust6es and management team are pleased with the improvement in the results for the year. Total fund balances at the year end returned to a positive balance of £16,564 (2023: £8,262 negative). The trustees and management team continue to recognise the need to keep reserves under close review and have measures in place to ensure the going concern of the charity. Signed on behalf of the Trustees Alison Sheridan - Chairperson Date: 23 June 2025
STAR NURSERY AND PLAYSCHOOL Independent examiner's report to the Trustees of Star Nursery and Playschool I report to the trustees on my examination of the accounts of Star Nursery and Playschool for the year ended 31 August 2024, which are set out on pages 5 to 12. Responsibilities and basis of report As the charity trustees of the Trust 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 examinatlon of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the 2011 Act. Independent 8xaminer'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 confinn that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confimi that no material matters have come to my attention in connection wilh the examination giving me cause lo 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 Charitles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue 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 attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J E Harris FCCA 23 June 2025 Knight Goodhead Chartered Accountants, 7 Bournemouth Road, Chandlers Ford, Eastleigh, Hampshire S053 3DA
STAR NURSERY AND PLAYSCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 (Including Income and Expenditure account) Unrestricted funds Restrlcted Total funds Total funds funds 2024 2023 Notss INCOME Charstable activities 158,131 322,478 480,609 383,499 TOTAL INCOME 1 $8,131 322,478 480,609 383,499 EXPENDITURE Charitable actlv1ti8S 133,305 322,478 455,783 373,729 TOTAL EXPENDITURE 133,305 322,478 455,783 373,729 NET SURPLUS FOR'THE YEAR 24,826 24,826 9,770 TOTAL FUND BALANCES BROUGHT FORWARD 18,262) {8,262) (18,032) TOTAL FUND BALANCES CARRIED FORWARD 16,564 16,564 8,262) The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
STAR NURSERY AND PLAYSCHOOL PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES {Including Income and Expendlture account) Unrestricted funds Restricted Total funds funds 2023 Notes INCOME Charilable activities 162,879 220,620 383,499 TOTAL INCOME 162,879 220,620 383,499 EXPENDITURE Charitable activities 153,109 220,620 373,729 TOTAL EXPENDITURE 153,109 220,620 373,729 NET SURPLUS FOR THE YEAR 9,770 9,770 TOTAL FUND BALANCES BROUGHT FORWARD (18,032) (18,032) TOTAL FUND BALANCES CARRIED FORWARD 8,262 8,262
STAR NURSERY AND PLAYSCHOOL - REGISTERED NUMBER . 1096370 BALANCE SHEET AT 31 AUGUST 2024 2024 2023 Notes FIXED ASSETS Tangible assets 4,078 CURRENT ASSETS Debtors Cash at bank and in hand 4,100 28,480 32,580 10,976 378 11,354 CREDITORS.. amounts falling due within one period (20,094 (19,616 NET CURRENT ASSETS I (LIABILITIES) 12,486 (8,262) NET ASSETS I (LIABILITIES) 10 16,564 8,262 FUNDS G6neral funds Resfricted funds 16,564 (8,262) TOTAL FUNDS 16,564 8,262 Approved by the Trustees on 23 June 2025 and signed on their behalf by Allson Sh8rldan Chair
STAR NURSERY AND PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 1 ACCOUNTING POLICIES (a) Accounting convention The financial statements have been prepared in accordan wilh 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 R6public of Ireland (FRS 1021 (effèctlV6 October 2019)- (Charilies SORP (FRS 102)). The charity meets the definitson of the public benefit entity under FRS 102. Assets and liabilities ar8 Initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The accounts have been prepared on the going concem basis. There are no material uncertainties about the charitys ability to continue other than those Identified in the Independent examination report. Ibl Fund accounting Unrestricted fvnds are available for use at the discretion of the trustees in furtherance of the general objectives of the charfty. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. (c) Income All income is included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified wlth reasonable accurydcy. The following speafic policies are applled to parbcular categories of income: Donations and legacles are received by way of grants, donations, legacies and gifts and is included in full In the Statement of Financial Activities when re1Vable. Grants, when entltlement is not conditional on the delivery of a specillc perfomiance by the charity, are recognised when the charity becomes unconditionalty entiued to the grant. Investment income is included when receivable. Resources are deferred when, at the end of an accounting period, they have been received but the charity has yet to become unconditionally entitled to them.
STAR NURSERY AND PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 1 ACCOUNTING POLICIES {continuedl (d) Expenditure Expenditure is recognised on an accrual basis as a Ilability is incurred. It includes any VAT paid. Costs are apportioned in line with the incom6 received from that source during the year. Charitable activities expenditure comprises of those costs incurred by the charity in the delivery of its acbvities 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. All costs are allocated between fhe expenditure categories of the Statement of Financia] Adivities on a basis designed to reflect the use of the resource. Costs relating to a parbcular activily are allocated dlrectly. le) Tangible fixed assets Depreciation is calculated at rates to wiite off assets over their estimated usefvjl lfves as follows: Nursery equipment- 20,/0 Straight Ilna Fixtures and filtings- 20010 Straight line 2 LEGAL STATUS The charity is unincorporated and was registered on 6 March 2003 with the Charity Commission in England and Wales. The registered number is 1096370. The charity is a public benefit entity. The princlpal address of the Charity is Chiltem Way, Basingstoke, RG22 5BB. 3 INCOME FROM CHARITABLE ACTIVITIES Unrestricted funds Restrictod funds 2024 Total 2023 Totsl Charitable activities Hampshire County Council early years grant Nursery fees Other grants, donations and income 322,478 322,478 154,723 3,408 480,609 220,620 156,835 6,044 383,499 154,723 3,408 158,131 322,478
STAR NURSERY AND PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 4 STAFF COSTS 2024 2023 Wages and salaries Sorial seujrity costs Penslon 310,346 17,040 3,472 330,858 272,333 12,906 2,293 287,532 The average number of staff employed during the year was 18 (2023: 13). No employee received emoluments of £60,000 or more during this year or the prior year. During the year or the prior year no trustees received any emolument or were reimbursed for expenditure incurred on behalf of the charity except those disclosed in note11. During the year key management were paid total remuneration of £122,579 {2023: £96,650). EXPENDITURE Unrestricted funds Restrlcted funds 2024 Total 2023 Total Costs dlreclly allocatsd to activities Direct staff costs (see note 4} Activity and food cosls Training and other stsff costs 8,380 41,962 12,688 63,030 322,478 330,858 41,962 12,688 385,508 287,532 27,625 6,748 321,903 322,478 Support costs allocaled to a¢tiviti8s Rent and rates Utilities Premises and equipment repairs & renewals Depreciation Telephone. website and internet costs Bad debts Other administration costs Bank charges and interest 27,681 9,427 15,992 1,020 5,269 570 7,953 833 68,745 27,681 9,427 15,992 1,020 5,269 570 7,953 833 68,745 26,618 8,465 3,163 4,472 31 5,826 1,903 50,478 Governance costs Accountancy and examlnatlon fees 1,530 1,530 1,348 133,305 322,478 455,783 373,729 Included wthin accountancy and examinations fees above are amounts due to the independenl examiner in relation to independent examinatlon of £1,290 (2023: £1,020) and £240 ft)r other work12023.' £328). 10
STAR NURSERY AND PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 6 TANGIBLE FIXED ASSETS Flxlures and Fittings Nursery Equlpment Total Cost Al 1 September 2023 Additions Disposals At 31 August 2024 9,776 3,219 6,523 6,472 6,376 1,879 4,740 3,515 16,152 5,098 11,2631 9,987 Depreclation At 1 September 2023 Charge for the year On disposals At 31 August 2024 9,776 644 6,523) 3,897 6,376 376 (4,740 2,012 16,152 1,020 (11,263) 5,909 Net book value At 31 August 2024 At 31 Augu5t2023 2,575 1,503 4,078 7 DEBTORS 2024 2023 Trade debtors Other debtors 3,640 460 4,100 3,239 7,737 10,976 8 CREDITORS: amounts falling due wthin one year 2024 2023 Bank overdraft Trade creditors other creditors Accruals and deferred income 4,017 5.656 4,795 5,148 19,616 3,167 13,457 3,470 20,094 11
STAR NURSERY AND PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 9 RESTRICTED FUNDS At beginning of period Incoming resources Resources expended At end of period Hampshire County Councll Earfy Years 322,478 322,478 Hampshire County Council Early Years This grant is provided by Hampshire County Council for Early Years education. 10 ANALYSIS OF NET ASss BEfwEEN FUNDS Unrestricted funds Restrf¢tsd Totsl funds funds 2024 2024 Fixed assets Debtors Bank and cash Credltors 4,078 4,100 28,480 20,094 16,564 4.078 4,100 28.480 20,094 16,564 Unreslrlcted funds Restricted Total funds funds 2023 2023 Fixed assets Debtors Bank and cash Creditors 10,976 378 (19,616) 8,262 10,976 378 19.616} 8,262 11 RELATED PARTY TRANSACTIONS During the year one trustse, received remuneration for her work as a practitioner at the nursery. No remuneration was paid for her role as a trustee. 12 COMMITMENTS At the year end the charity has non-cancellable operating lease commitments totslling £34,705 (2023: £38,989). 12