Charlty reglstration number 1096593 (England and Wales)
Compary registration number 04655025
BOLTON NURSERY LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

BOLTON NURSERY LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
K Macfarlane
H Some￿Ille
DTinkler
K Allison
K Bennett
A Roberts
R Faustlno
C Morphet
S Parklngton
IAppolnted 30 Aprll 20241
(Appolnted 30 April 20241
(Appointed 30 April 20241
Secretary
D Tlnkler
Charlty number (England and Wale51
1096593
Company number
04655025
Prlnclpal address
Colby Lane
Bolton
Appleby In Westmorland
Cumbria
CA16 6AW
Re815tered office
Colby Lane
8olton
Appleby In Westmorland
Cumbria
CA16 6AW
Independent examiner
Davld Andrew Llddle 8AIHonsl, FCA
4 Mason Court
GSllan Way
Penrith 40 Busine55 Park
Penrlth
Cumbria
CAII 9GR

BOLTON NURSERY LTD
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of fSnancial actlvitles
Statement of flnancial position
Notes to the finantlal statements
9.17

BOLTON NURSERY LTD
TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JULY2024
The trustees, who are a150 the directors for the purposes of company law. present their annual report and flnancial statements
for the year ended 31 July 2024.
The flnanclal ststement5 have been prepared in accordance wlth the accounting policies set out in note I to the financial
statements and comply with the charity's governing document, the Companies Act 2006 and "Accountlng and Reportln8 by
Charltles.- Statement of Recommended Practice applicable to charities preparlng their accounts In actordance wlth the
Financi31 Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffectlve l January 20191.
Objectlves and artivttles
The Charity's objects I'the Objects") a￿ to enhance the development and educatlon of children prlmarlly under statutory
school age by encouraging parents to understand and provide for the needs of thelr ch51dren through community groups and
by..
Offerlng approprlate ch11dcare facllltles and training courses, together with the rlghts of parent5 to take respon51bllity
for and to become involved in the activStie5 of such groups, en5urlng that such 8roup5 offer opportunities for all
children regardle55 of race, culture, religion or means.
Encouraging the study of the needs of such children and their familles and promoting publlc interest in and
recognition of such needs in the local area.
Publlc beneflt
All our charltable actlvltle5 focu5 on the provlsion of approprlate childcare for chlldren from 3 months to 11 years old and are
all undertaken havlng refer￿d the Charlty CommS$5Son'$ general guldance on public benefit.
Review of actSvltles
8olton Nursery wa5 re.establlshed at Bolton Memorial Hall in 1994 by a group of parents who reallsed that thelr children
deserved a good pre-school foundation In the form of a Mothers and Toddlers Group. By 1998 Bolton Nursery was thrivlng and
the Committee extended servlces to offer three Nursery Grant sessions per week. Attendance was open to all chlldren
regardless of geographlcal location.
Research conducted by the Nursery In 2002 showed a demand existed In the area for flve Nursery Grant sessions per week as
well as wrap-around care, full day care for younger chlldren, before and after school care for prlmary aged chlldren and
holiday care. As such, the Nursery Commlttee decSded to obtaln funding for a purpose-bullt nursery. The Charity now has a
purpose-built 35-place Ofsted registered, full day care nursery building and play area slted on Bolton Primary School Ground5,
The Charity stfives to ensure that the standard of care provided is at a consistently high level. We continue to focus on
marketing our service5. recruiting new member5 and chlldren, and continue to traln and develop our staff.
We continue to hold regular fundra15ing events such as a coffee morning and car wash. The chIld￿n continue to enjoy a
variety of experiences durlng their time with us as they start their journey through education.

BOLTON NURSERY LTD
USTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Achlevements and p
Significant 17Ctivities 0
rman¢e
d achievements agoin5t objective5
Review ol the year
In September 2023 we started the year by welcoming Anya back from her maternlty leave. We also had an inspection from the
Cumbria Fire SeNice. Steph and Anne continued with thelr Level 3 tralning and are now fully qualified members of the Team.
In October we restarted our vi51ts to the church for our JAM Ilesus and Mel sessions with our pre-school. We also started our
transltlon to Bolton Primary School for our Cohort of 2024. Anne and Phoebe started their Effective Communicatlon course.
On the lost day of October we completed our Little Waddle sponsored walk to ralse funds for the nursery.
Durlng November Daniel from Asplre started to volunteer wlth us one day per week. We then had our Annual 5ettlng revSew
wlth Heather DakSn the new early years advisor. November also brought our flrst aid refresher training and our Bags to School
collectlon fundraiser. At the end of November Kaya and Becca visited Grayri88 PrSmary School which was a very Inspirational
setting.
In December we had our annual Christmas play which the children performed brilllantly in. We a150 had Christmas dinner and
a Chr15tmas activity morning for our Babies and 2 year olds. This December we also took our pre-school to loin 8olton Primary
School on their Rhè8ed Chrlstmas trip to watch the C8eebies Chrlstmas panto.
January was a qulet month, Kaya had her managers network and deslgnated safeguarding lead meetings.
In February Becca and Sarah completed their Diabetes tralning to help care for an after-school club child with Type I dlabetes.
Anne also completed Autism Awareness tralnln8.
In March Kaya and Becca had a webinar with Happy Minds. We were very Impressed with the program but not the price
unfortunately. We have since Implemented workin8 on areas of self regulation with the children instead, which is working
really well. We also held our AGM in March and brought our plans for a new building to the meeting. At the end of March we
had our Éaster Fun Day which despite the weather had a fantastlc turn out, thank you to all those who SUPFKJrted us.
In Aprll Caroline a long Standing staff member left the team. whlch paved the way for Sam to loln us who continues to be an
integral p3rt of team now.
At the beginnlng of May Kaya and Kate took our new buildSng plans to Bolton Primary School. During May and June we also
had o nother successful year taking our Pre-school children to Swlmming Lessons. lune we welcomed Becky to the TEAM as
bank staff. Who has now gone on to be an apprentlce in Early years at a setting close to her home. We wish her well.
We also had our two year old trlp to The Lake Dlstrict Wlldlife Park, whlch was very successful and all had a brlllSant day.
July was a busy month. Startlng off wlth our p￿-sChool sports day whlch was another great event. We then had move up day
for our cohort of 2024 where they went to be receptions for the day on the same day we had our Baby room trip to the
Lakeland Maze Farm Park where again we all had a wonderful day.
In the middle of July we had our Leavers Trip to Dalscone fam) park which was thoroughly enjoyed by all of our cohort of
2024.
On July 13th we had our 20th anniversary partyl fundralser which was a great day with entertainment, food and bouncy castles.
We finlshed off the year wSth our mini graduation ceremony which is a lovely get together for children, parents and staff and a
celebratlon of al the chIld￿n had achieved during their time at Nursery.
We are very much looking fornard to an exciting 2024- 2025:
This coming will continue to be a year focused on investing in our building and ensuring we are fit for purpose for the future.
We are committed to remaining financially stable even given the pressures of increasing costs.
If you have any questions. or would Ilke more information on the above please do not hesitate to contact me, or request vi3
Famly to see a copy of the independently examined financial statements which a ￿ held in the office at all times.

BOLTON NURSERY LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Financial review
The debtors list ￿MaInS low and the trustees have no new concerns regardlng any outstanding debts.
In terms of fundraising, the nursery continues to be involved In lots of local events. The nursery continues to raSse funds
alongside the aolton Friends Soclety to split the costs and proceeds of events. This year the nursery hosted another Eater fun
day and this continues to be a popular event with local familles.
In the Summer the nursery hosted a twentieth anniversary fun day which also helped to raise funds although the event was
seen more as a celebration that a prtsper fund raiser. The raffles whereby people donate prizes continue to be a good source of
fundraisin8 income.
There have been expense5 relatlng to the new build. These expenses wlll become more frequent as nursery contlnues to push
towards the end goal of a new bullding.
The funds held by the charlty have increased so a declsion was made to transfer some of thls money into a charlty savSngs
account. The nursery continue5 to be over-subscribed and the management, commlttee and staff work hard whlch allows for
the contlnued success of the nursery.
The level of unrestricted funds at the end of the year stood at a healthy £166,70412023: £139,079) and restricted funds
£41,35712023.' £48,494).
Reserves policy
The Trustees formally monltor progress against the nursery's strategic objectives quarterly, however potential a nd real risk5
are anticipated, monltored and acted upon a5 requlred. Future occupancy demand for the nursery is dependent on population
cycles and competltlon from prlvate nur5erles. The nursery continues to be a popular choice for local resldents and most age
groups are almost lull to capacity,
The Trustees target Ss a level of free reserves equal to three months trading Income, currently equivalent to £50,000. Free
serves are above the target level. We Increased thi5 from £30,￿0 durlng the last fSnancial year due to increased wages
cost5. The Tru5tee5 will contlnue to c105ely monitor thSs. £50,000 Is held in a separate account. As wages and the cost of Ilvlng
increases th55 amount may need to be increased.
Investment policy
Under the memorandum and articles of association, the charlty has the power to make any investment that the Trustees see
5tru¢ture• governance and mana8ement
Constltut5on
The charity is a company Ilmited by guarantee and Is governed by it5 Memorandum of Assoclatlon and Artlcles. The members
of the company are the Trustee5 as named above. In the event of the company being wound up, the Ilability in respect of the
guarantee is limited to £1 per member of the company.
If upon wlndinE up or dis501ution of the charity there remain any assets, after the satisfaction of all debts and liabilitles, the
assets shall be transferred to some other charitable body or bodles havlng similar objects to the charlty.

BOLTON NURSERY LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
The trustees, who are also the directors for the purpose of company law, and who served durlng the year and up to the date
of signature of the financial statements were..
K Macfarlane
H Somerville
DTlnkler
KAlli50n
V Sowerby
K Bennett
A Roberts
R Faustlno
C Morphet
5 Parkington
(Resigned 11 March 20241
IAppoSnted 30 Aprll 20241
(Appointed 30 April 20241
IAppointed 30 April 20241
Recruitment and t7ppolntment of trustees
The management of the company Is the re5pon5ibility of the Trustees who are elected and co-opted under the Articles of
Associatlon.
As set out in the Artlcles of A550clation the Trustees are elected for a three year term by the Nursery's members Imembers
beSng anyone that uses the seNlces the nursery offers) wlth no more than one-third of them retlrlng at any 8lven AGM. The
idea is that the longest servln8 Trustee Is the first to retlre.
Organisotionol structure
A board of Trustees, currently consistln8 of seven members Imlnlmum three members, no maximum number) administer the
charity, A Manager, Senlor Practitioner, a Foundation Stage Practitioner, Nursery As515tants and an Office Manager are
employed for the day-to-day operations of the charlty.
The Trustees work closely wlth the nursery management to ensure the charity runs effectively and efficlently. Staff appraisals
are done annually supported by regular development discusslons. Staff meet twice yearly with Trustees and management
meet bi-monthly. Questionnaires are sent to all parents asking for thelr views on the service provided and suggestions for it5
improvement.
Inductlon and trolnlng of trustees
New Trustees are shown a copy of the Charitv's Articles of Association and advlsed on the poli¢yi procedure and
responsibillties of the Charity under the Charitles Act.
Other mi7tters
Pt7y policylor senior stoff
The Trustees consider that the Board and the Senior Management Team comprise the key management personnel of the
Charity in charge of directing and controllingi runnlng and operatlng the Charity on a day to day basis. All Trustees give of thelr
time f reely ènd no Trustee recelved remuneration or reimbursement of expenses during the year.
The pay of the senior staff 15 reviewed annually and are subject to affordability, job evaluatlon and necessary market
adjustment.
Rlsk management
The Trustee5 have assessed the major risks to which the company is exposed, in particular those related to operations and
finances of the company, and are satisfied that Systems and procedures are in place to mitigate our exposure to the major
risks.

BOLTON NURSERY LTD
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
The trustees, report was approved by the Board of Trustees.
H Somerville
Treasurer
Date.,

BOLTON NURSERY LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BOLTON NURSERY LTD
I report to the trustees on ry examination of the financ5al statements of Bolton Nursery Ltd (the charity) for the year ended
31 July 2024.
Responsibllltles and basi5 of report
As the trustees of the charlty land also its director5 for the purposes of company lawl, you are responsible for the preparation
of the financial Statements in accordance with the requlrements of the Companies Act 2006.
Having satSsfied myself that the flnancial statements of the charlty are not requlred to be audited under Part 16 of the
Companies Act 2006 and are ellglble for independent examinatSon, I report in respect of my examination of the charity's
financial statements carried out under se¢tlon 145 of the Charitles Act 2011. In carrying out my examination I have followed
the Dlrections glven by the Charity Commisslon under section 14515llbl of the Charities Act 2011.
Independent examlner's statement
Slnce the charlty's gross income exceeded £250,000, the Independent examlner must be a member of a body11sted In section
145 of the Charltles Act 2011. 1 confirm that l am qualified to undertake the examlnation because l am a member of the
Institute of Chartered Accountants In Éngland and Wales. whlch Is one of the listed bodie5.
I have completed my examinatlon. I confirm that no matters have come to my ottention in connectlon with the examination
glvlng me cause to belleve that In any rraterial fftspect..
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
the flnanclal statements do not accord wlth those records,. or
the financlal statements do not comply wlth the accounting requlrements of sectlon 396 of the Companles Act 2006
other than any requlrement that the flnanclal statements 8Sve a true and fair vlew, whlch is not a matter consldered as
part of an independent examination; or
the financial statement5 have not been prepared In accordance wlth the method5 and principles of the Ststement of
Recommended Practice for accounting and reportSng by charitles applicable to charltSes preparlng their financial
statements in accordance with the Financiol Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connectlon with the examinatlon to which attention should be
drawn in this report In order to enable a proper understandlng of the financlal statements to be reached.
Davld Andrew Llddle BA{Hons), FCA
4 Mason Court
Glllan Way
Penrith 40 Buslness Park
Penrith
Cumbria
CAII gGR
Date..

BOLTON NURSERY LTD
STATEMENT OF FINANCIAL ACTIVITIE5
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY2024
Unrestricted
funds
2024
Restrlrted
funds
2024
Total
Unrestrirted
funds
2023
Restrlcted
funds
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charltable activltles
Other trading activlties
Investments
12,357
258,132
1,873
1,372
6,194
18,551
258,132
1,873
1,372
7,180
251,814
1,432
331
1,312
8,492
251.814
1,432
331
Total Income
273,734
6,194
279,928
260,757
1,312
262,069
Expendlturè on:
Raising funds
Charitable activities
1,873
244,236
1,873
257,567
3,966
215,283
3,966
223,718
13,331
8,435
Total expendlture
246,109
13.331
259,440
219,249
8,435
227,684
Net Incomellexpendlture) and
movement In funds
27,625
17,1371
20,488
41,508
17,1231
34,385
Reconclllatlon of funds:
Fund balances at l August 2023
139,079
48,494
187,573
97,571
55,617
153,188
Fund balances at 31 July 2024
166,704
41,357
208,061
139,079
48,494
187,573
The statement of financlal activitles Includes all gains and losses recognised In the year. All income and expenditure derlve
from continuing actlvitSes.
The notes on pages 9 to 17 form part of these financial statements.

BOLTON NURSERY LTD
STATEMENT OF FINANCIAL POSITION
ASAT31 JULY2024
2024
2023
Notes
Fixed assets
Tanglble assets
15
43,322
50,878
Current •ssets
Debtors
Cash at bankand In hand
16
15,490
160,402
16,211
129,316
175,892
111,1531
145,527
18,8321
Creditors,. amounts fallln8 due wlthln one year
17
Net current assets
164,739
136,695
Total assets less current Ilabilities
208,061
187,573
The fvnds of the charltv
Restrlcted Income funds
Unrestrlcted f unds
19
20
41,357
166,704
48,494
139,079
208,061
187,573
The notes on pages 9 to 17 form part of these flnancial statements.
The company is entitled to the exemptlon from the audit requirement contalned In section 477 of the Companies Act 2006, for
the year ended 31 July 2024.
The dlrectors acknowledge their responsibilities for complylng wlth the requlrements of the Companles Act 2006 wlth respect
to accounting records and the preparation of financial statements.
The members have not requlred the company to obtaln an audit of Its flnancial statements for the year Sn questlon In
a¢¢ordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small
companies regime.
The financial statements were approved by the trustees on .
H Somerville
Treasurer
Company registration number 04655025 (England and Wales)

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY2024
Accountlng pollcles
Charity information
Bolton Nursery Ltd Is a publlc beneflt entlty and a prlvate company Ilmlted by guarantee Incorporated In England and
Wales. The reglstered offlce Is Colby Lane, Bolton, Appleby In Westmorland, Cumbrla, CA16 6AW.
1.1 Auountlng conventlon
The financial statements have been prepared in accordance wSth the charity's governing document, the Companies Act
2006, FRS 102 'The Flnancial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the
Charities SORP 'Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charitles
preparing thelr accounts In accordance wlth the Financlal Reportlng Standard applicable in the UK and Republic of
Ireland IFRS 1021" (effective l January 20191. The charlty is a Publlc Benefit Entlty as defined by FRS 102.
The charity has taken advantsge of the provlsions In the SORP for charltles not to prepa￿ a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts In
these fSnanclal statements are rounded to the nearest £.
The financial statement5 have been prepared under the hlstorlcal cost conventlon. The prlnclpal accountlng pollcles
adopted are Set out below.
1.2 Golng concern
At the time of approving the financial statements, the trustees have a reasonable expectatlon that the charlty has
adequate resources to contlnue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of accounting in preparing the financial statements,
1.3 Charitable funds
Unrestricted funds are avallable for use at the dlscretlon of the trustees In furtherance of their charltable objectlves.
Restrlcted funds are sublect to speclflc condltions by donors or grantors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are sublect to specSflc condltlons by donors that the capltal must be malntslned by the tharitv.
1.4 In¢ome
Income is recognised when the cha rity is legally entitled to it after any performance condltlons have been met, the
amounts can be meaSU￿d ￿lIablY, a nd It Is probable that income will be received.
Cash donatlons are recognlsed on recelpt. Other donatlons a￿ retognised once the charity has been notified of the
donatlon, unless performance condltlons require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recogni5ed at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity ha5 been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Accounting pollcles
{Continuedl
1.5 Expendilure
Expenditure Is recognised once there 15 o legal or constructlve obllgation to transfer economlc benefit to a third party, it
15 probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be
measured reliablv.
Expendlture Is classlfied by actlvlty. The costs of eath actlvlty are made up of the total of dlrect costs and shared costs,
including support costs involved in undertaking each activlty. Direct costs attributable to a slngle activity are allocated
dlrectly to that activity. Shared costs which contribute to more than one actlvSty and support costs which are not
attribLttable to a single activity are apportioned between those activitie5 on a basls consistent with the use of resources.
Central staff costs are allocated on the basis of tlme 5perbt, and depreclatlon charges are allocated on the portlon of the
asset's Use.
1.6 Tanglble fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of dep￿cIatIOn
and any impairment losse5.
Depreclatlon Is recogni5ed $0 as to wrlte off the c05t or valuation of assets less thelr resSdual values over theSr useful
Ilves on the followlng bases:
Leasehold land and buildlngs
Plant and equlpment
Computers
straight Ilne over the Ilfe of the lease
15% reducing balance
3 years stralght line
The galn or loss arlslng on the disposal of an asset Is determined as the difFerence betweert the sale proceeds and the
carrying value of the asset, and is recognised in the statement of financial activities.
Plant & Machlnery and Computer Equipment costing less than £250 a￿ not capitalised but written off to the Income
and expenditure account as incurred.
1.7 Impalrment of fixed a55et$
At each reportlng end date, the charity revlews the carrylng amounts of Its tangible a55ets to determine whether there
s any indication that those assets have Suffered an Smpairment loss. If any such Sndication exlsts, the recoverable
amount of the asset is estimated In order to determine the extent of the impairment loss lif any).
1.8 Cash and cash equlvalents
Cash and Cash equSvalent5 include cash in hand, deposlts held at call wlth bank5. Other short-term liquid investments
with original maturltles of three months or less, and bank overdrafts. Bank overdraft5 are shown within borrowlngs in
current liabilities.
1.9 Flnanclal instruments
The charity has elected to apply the provisions of Section 11 'Basic FinancSal Instruments, and Section 12 '0ther
FinancSal Instrument5 Issues, of FRS 102 to all of its financial Instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the ￿CogniSed amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liabllity simultaneously.
10-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Accounting policies
{Contlnuedl
8asicAinonciul ossets
Basic financial assets, which include debtor5 and cash and bank balance5, are initlally measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effettive interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of Interest. Financial assets classSfSed as receivable within one year are not
amortised.
Boslcflnonclol Ilobilities
Basic flnancSal Ilabilltles, includlng credltors ènd bank loans are inltially recognised at transactlon prlce unless the
arrangement constitutes a financing tran5actSon, where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial Ilablllties classified as payable within one year are not
amortlsed.
Debt instruments are subsequently carrSed at amortised c05t. using the effective interest rate method.
Trade creditors are obllgations to pay for goods or Services that have been acquired in the ordlnary course of operations
from suppliers. Amounts payable are cla5slfled as current Ilabllltles if payment Is due withln one year or les5. If not, they
are presented as non-current liabllltles. Trade credltors a￿ recognised initially at transaction prlce and subsequently
measured at amortSsed cost uslng the effective Interest method.
Derecognltlon offlnancial Ilabllltles
Financial Ilabilities are derecogni5ed when the charlty's contractval obllgations expl￿ or are discharged or cancelled,
1.10 Retirement benefits
Payment5 to deflned contributlon ret1￿ment benefit 5chernes are charged as an expense a5 they fall due. Prepaid
contributlon5 are recognlsed as an asset to the extent that the prepayment will lead to a reductlon In future payments
or a cash refund.
CrltScal accountln8 estlmates and ludgements
In the application of the charlty's accounting pollcles, the trustees are requlred to make Judgements, estlmate5 and
assumptions about the carrylng amount of assets and liabilltles that are not readlly apparent from other source5. The
estimate5 and assoclated assumption5 are based on hlstorical experience and other factors that are con51dered to be
relevant. Actual results may differ from these estSmates.
The estimates and underlying assumptions are revlewed on an ongoing basls. Revlsions to accounting estlmates are
recognised in the perlod in which the estimate Is revlsed where the revision affects only that perlod, or in the perlDd of
the revision and future periods where the revision afferts both current a nd future perlods.
Income from donations and legacies
Unrestricted
funds
2024
Restrltted
fund5
2024
Total
Unrestrlcted
fund5
2023
Restricted
funds
2023
Total
2024
2023
Grants
12,357
6,194
18,551
7,180
1,312
8.492
11

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Income from charltable actlvltles
Unrestrlrted
tund5
2024
Unrestrlrted
fund5
2023
Sales within charltable actlvltles
Sale of goods
258,132
251,814
Income from other tradlng actlvltles
Unrestricted
funds
2024
Unrestrlcted
funds
2023
Fundralslng events
1,873
1,432
Income from Investments
Unrestrl¢ted Unrestrlcted
fund5
fund5
2024
2023
Interest receivable
1,372
331
Expendlture on ralslng funds
Unrestrlrted
funds
Z024
Unrestrlrted
funds
2023
Fundralslng and publlclty
Other f undralsing costs
1,873
3,966
12-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Expenditure on charitable a¢tivitles
Artivities
undertaken
directly
2024
Artivitie5
undertaken
dlrectly
2023
Direct tosts
Staff costs
DepreciatSon and Impalrment
Provlsion of nursery servlces
223,845
7,556
26.166
178,375
7,865
37,478
257,567
223,718
Analy555 by fund
Unrestrlcted funds
Restricted funds
244,236
13,331
215,283
8,435
257,567
223,718
Net movement In funds
2024
2023
The net movement In funds Is stated after charglng/lcreditlngl'.
Fees payable to the tharlty's Inéependent examiner..
lor other assurance services
Depreclatlon of owned tangible fixed assets
810
735
7,556
7,865
10 Independent examlnatlon fees
Fees payable to the charlty's Independent examlner for:
2024
2023
Independent examination of the financlal statements
810
73S
11 Trustees
No remuneration or reimbursement of expenses in relation to services provided to the charlty were recelved by the
trustees during the year with the exception of a salary paid to Kaya Bennett in her role as Manager.
13-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
12
Employees
The average head count of employees during the year was 1312023.. 141. The average number of full-time equivalent
employees during the year was:
2024
Number
2023
Number
Nursery staff
Administration staff
12
13
Total
13
14
Employment costs
2024
2023
Wages and salarles
Other pension costs
220,397
3,448
175,723
2,652
223,845
178,375
There were no employees whose annual remuneratlon was rn0￿ than £60,000.
Remuneratlon of key management personnel
Key management personnel Include a15 persons that have authority and responsibillty for plannln8, directlng and
controlling the octlvltle5 of the charity. The remuneration of key management personnel in the year wa5 £30,85012023.'
£25,998),
13 Detlned contrlbutlon plans
The amount recognised in income or expendlture as an expense In relatlon to defined contribution plans was £3,448
12023.. £2,652).
14
Taxation
The charity is exempt from taxation on its activities because all Its income is applied for charitable purposes.
14-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
15
Tangible flxed assets
Lèasehold land
and bulldln8S
Plant and
tqurpment
Compute
Total
Cost
At l August 2023
183,339
13,505
5,311
202,155
At 31 July 2024
183,339
13,505
5,311
202,155
Depreclatlon and impalrment
At I Au8USt 2023
Depreciation charged In the year
134,620
7,231
11,346
325
5,311
151,277
7,556
At 31 July 2024
141,851
11,671
5,311
158,833
Carrylng amount
At31July2024
41,488
1.834
43,322
At 31July2023
48,719
2,159
50,878
16 Debtors
2024
2023
Amounts fallln8 due wlthln one year..
Other debtors
Prepayments and accrued income
12,248
3,242
13,154
3,057
15,490
16,211
17
Credltors: amounts f4llln8 due wlthln one year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
Accrua15 and deferred income
3,315
1,340
4,950
1,548
2,816
985
3,850
1,181
11,153
8,832
18
Retirement benefit schemes
2024
2023
Defined tontrlbutlon 5cheme5
Charge to profit or10ss in respect of def ined contribution schemes
2,652
15-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
18
Retirement benefit schemes
(Continued)
The chority operates a defined contrlbution pensSon scheme for all qualifying employees. The assets of the scheme are
held separately from those of the charity in an independently administered fund.
19 Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subjett to
specific conditions by donors a5 to how they may be used.
At l August
2023
Incomlng
resources
Resources At 31 July 2024
expended
Flxed A55et5
Restricted Grants
48,210
284
17,1051
16,2261
41,105
252
6,194
48,494
6,194
113,3311
41,357
Prevlous year:
At I Au8USt
2022
Incomlng
resources
Resources At 31 July 2023
expended
Restricted Grants
Flxed Assets
1,312
11,0281
17,4071
284
48,210
55,617
55,617
1,312
18,4351
48,494
20 Unrestrlcted funds
The unrestrlcted funds of the charlty comprise the unexpended balances of donations and grants whlch are not subject
to specific conditions by donors and grantors a5 to how they may be used. These Include designated funds which have
been set aside out of unrestricted funds by the trustees lor specific purposes.
At I August
2023
Sncomlng
resources
Resources At 31 July 2024
expended
General funds
139,079
273,734
1246,1091
166,704
PrevSous year:
At l August
2022
Incoming
resources
Resources At 31 July 2023
eypended
General funds
97.571
260,757
1219,2491
139,079
16-

BOLTON NURSERY LTD
NOTES TO THE FINANCIAL STATEMENT5 {CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
21
Analysls of net a55et5 between funds
Unrestricted
funds
2024
Restrlcted
funds
2024
Total
2024
At 31 July 2024:
Tangible assets
Current assets/lliabilitlesl
2,217
164,487
41,105
252
43,322
164,739
166,704
41,3S7
208,061
Unre5trlcted
funds
2023
Restrlcted
funds
2023
Total
2023
At 31 July 2023:
Tangible assets
Current assetsllliabilltlesl
2,668
136,411
48,210
284
50,878
136,695
139,079
48,494
187,573
22 Operatlng lease ¢ommltment$
Lessee
At the reporting end date the charity had outstandlng commitments for future mlnlmum lease payment5 under non.
cancellable operating leases, which fall due as follows:
2024
2023
Wlthln one year
570
570
23
Rel3ted party transactions
There were no disclosable related party transactions durlng the year12023 - nonel.
17-