Company reglstration number IM655015 IEngland and Walesl Charity regi5tratlon number 1096593 IEn8land and Wales) BOLTON NURSERY LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
BOLTON NURSERY LTD LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 D Tinkler K Alli50n K Bennett R Faustino C Morphet S Parkington I Wilson (Appointed 7 May 20251 Secretary D Tinkler Country of Incorporation United Kingdom IEngland and Wales) 04655025 Charity re8lStratlon En8land and Wale5 1096593 Principal address Colby Lane Bolton Appleby In Westrnorland Cumbrla CA16 6AW Registered office Colby Lane Bolton Appleby In We5tmorland Cumbria CA16 GAW Independent examiner David Andrew Liddle BAIHonsl, FCA 4 Mason Court Gillan Way Penrith 40 Business Park Penrith Cumbria CAII 9GR
BOLTON NURSERY LTD CONTENTS Page Tru5tees' report Independent examiner's report Statement Df financial activitie5 Statement of financlal position Notes to the financial statements 10-18
BOLTON NURSERY LTD TRUSTEES, REPORT (INCLUDING DIREoRs, REPORT) FOR THE YEAR ENDED 31 JUL Y 2025 The trustees, who are also the directors lor the purposes of company law. present their annual report and financial statements for the year ended 31 July 202S. The finantial statement5 have been prepared in accordance with the accountlng policies set out in note I to the financial 5taternent5 and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charitie5.' Staternent of Recommended Pract1ce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applic8ble in the iJK and Republic ol Ireland IFRS 1021 (effective l January 20191. Oblectives and activitles The Charity's object51"the Objects-l are to enhance the devèlopment and education of chlldren primarily under statutory school 6ge by encouraging parents to vnder5tand and provide for the needs of thelr children throu8h comrnunity groups ènd by.. Offering appropriate childcare facilities and trainlng course5, tO8ether with the ri8hts of parents to take responsibility for and to become involved in the activitie5 of such groups, ensurin8 that such group5 offer opportunitie5 for all children regardles5 of race, culture, religion or means. Encouragingthe study of the needs of such children and thelr familie5 and promotSn8 public interest in and recognition of such needs in the local area. Public benefit All our charitable activities locus on the provision of appropriate childeare for children from 3 months to 11 years old and are all undertaken havin8 referred the Charity Commission's general guidance on public benefit. Review of activities Bolton Nursery was re-est8blished at Bolton Memorial Hall in 1994 by a group of parents who realised that their children deserved a good pre-school foundation in the form of a Mothers and Toddlers Group. By 1998 Bolton Nursery was thriving and the Committee extended services to offer three Nursery Grant sessions per week. Attendance wa5 open to all children regardless of geographical location. Research conducted by the Nursery in 2002 showed a demand existed in the area for f1vÉ Nursery Grant sessions per week a5 well as wrap-around care, tull day care foryounger children, before and after school care for prirnary a8ed children 3nd holidav care. As such. the Nursery Committee decided to obtain funding for a purptsse-buSlt nursery. The Charity now has a purp05e- built 35-place Ofsted registered, full day care nursery buildin8 and play area sited on Bolton Primary School Grounds. The Charity strives to ensure that the5tandard of care provided 15 at a consistentty high level. We contlnuetof(KUS on marketing our services, recruiting new members and children, and continue to train and develop our staff. We continue to hold regular fundraising events such as a coffee morning and car wash. The children tontlnue to enjoy a varletv of experiences durin8 their time with u5 as they start their journey through education.
BOLTON NURSERY LTD TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED) FOR THE YEAR ENDED 31 JUL Y2025 Achlevement5 and performance Review of the year In September 2024 we started our year with our Ins day on 02109124. A really useful day to get together as a team and plan the environment ready for the term/ year ahead. On the 16/09124 we upgraded our door system to a much safer and more efficient 5V5tem wlth a camera and self-locking System. On 26109124 staff CPD trainin8 was kicked off with Anne, Becca and Phoebe golng on supportln8 young children's behaviour. And on the 27109124 Kaya tynd Sarah a5 DSL and Deputy DSL completed their level 3 safeguardin8 training, n October we restarted our vi51tS to the church for our JAM Ilesus and Mel sessions wlth our pre-school. We also started our transition to Bolton Primary School for our cohort of 2025. Steph a150 completed the Power of play with bable5 traSnln8 on 09110124 and Kaya started her Level 3 SENCO course. We also had our ba85 2 School co51ectlon fundraiser. On 17110124 all the staff completed their first aid refresher course. The second week of November brou8ht world nursery rhyme week. The managers and SENCO network cluster meetlnBS a150 restarted for the year, which 1$ 8 great opportunity for networking as well as learning. On 20111124 Steph completed her baby room leaders course. The beginninB of December brought the staffs well deserved Christmas Party in Penrith 8nd the pre-schools panto trip to Rhe8ed. On the 11112124 the committee had thelr final rneeting/ Christmas lunch. The last week of term wa5 a busy one with Raziamatazz doing the children's Christrna5 party. Christmas dlnner day and our pre- school Nativity. In February the council completed the annual Lisey 3 audit with Kaya to ensure nursery Ss Ofsted compliant and to offer any advice. On the 06103125 we had our AGM and waved goodbye to many of our lon8 Standin8 committee members. At the be8innSng of April 5am Parkington (the new chair of committee) Spent some tlrne talkinB to and shadowSng the mana8ement team at nursery. On 02104125 Becca completed Good Aut15m Practice and Kaya completed early help ès5es5ment training. The 06105125 we cornpleted our little waddle sponsored walk which was a8ain a very successful fundraiser. At the end of June tsur swimmln8 lessons at woggle 808gle commenced for our pre-school. To finish the year July brought a busy month we had successful baby room and two year old trlps tts the Maize Maze and the Wildlife Oasis. We finished the month with Sport5 day. Leavers trip to Da15cone farm park and graduatSon for tsur pre-school group.
BOLTON NURSERY LTD TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 We are very much looking forward to an excitlng 2025- 2026.. Thls comlng will continue to be a year focused on investing in our buildin8 and ensuring we are fit lor purpose for the future. We are committed to remaining financially stable even given th£ pressures of Increasin8 Costs. If you have any questions, or would like more Information on the above please do not hesitate to contact me. or request via Famly to see a copy of the independently examined flnanclal statement5 which are held in the office at all times.
BOLTON NURSERY LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 Financial revlew The debtors list remalns low and generally cleared In arrears. Offiee manager is keeping on top of this wlth re8ular communication to debtor. In terms of fundraisin& the nursery has had a few successful fundrai5er5 but unfortunately some which had to be cantelled, however rnore emphasi5 on regular fundraiser5 15 planned for this upcoming ye8r. This will allDW for more regular trips and the upkeep of the nyrsing buildSng until the new build plannin8 perrnission5 15 e5tabli5hed. The nursery contlnues to be over-subscribed with 8 waltin8 list. The management, committee and staff work hard which allows for the continued success of the nursery. The level of unrestricted funds atthe end of the year stood at a healthy £217,56712024.. £166,7041 and restricted funds £34,296 12024.. £41,357). Reserves poliry The Trustees formally rnonitor progress against the nursery's Strate8lc objectives quarterly, however potential and real rlsks are antSclpated, Monitored and acted upon a5 required. Future occupancy demand for the nursery is dependent on population cycles and competition from private nurseries. The nursery continues to be a popular choice for local residents and most age groups are almost full to capacitv. The Trustees target is a level of free reserves equal to three months tradin8 incorne. currently equivalent to £50,000. Free reserve5 are above the tar8et level. We increased this from E30,000 during the last financial year due to increased wages costs. TheTrustees will continueto c105ely monitor this. £50,000 is held in a separ3te account. As wa8es and the cost of living increases this amount may need to be increased. Irjvestment policy Under the memorandurn and articles ol association. the charlry ha5 the power to make any Investment that the Trustees see StYu¢ture, ¥overnan¢e and management Constitution The charity Is a company limited by guarantee and 15 governed by its Memorandum of Assoclatlon and Articles. The member5 of the company are the Trustees a5 named above. In the everit of the company belng wound up. the liability in respect of the 8uarantee 15 limited to £1 per m£rnber of the company. If upon windln8 up or dissolutlon of the charky there remain any as5et5. after the satlsfaction of all debt5 and liabilities, the a55etS shall be transferred to some other charitable body or bodies having similar objects to the charity.
BOLTON NURSERY LTD TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 JUL Y2025 The trustees, who are also the directors lor the purpose ol Company law, and who served during the year and up to the date of signature of the financial statements were,. K Macfarlane H Somervllle D Tinkler K Alli50n K Bennett A Roberts R Faustino C Morphet S Parklngton I Wilson IResi8ned 7 May 20251 IReslgned 7 May 20251 (Resigned 7 May 20251 (Appointed 7 May 20251 Recruitment and oppointment of trustees The management of the company Is the responsibility of the Trustee5 who are elected and co-opted under the Articles of Association. As Set out In the Articles of Assoclation the Trustee5 are elected for a three year term by the Nursery's members Irnernbers being anyone that Uses the services the nursery offers) with no more than one-third of them retlring at any given AGM. The idea is th8t the longest Serving Trustee is the first to retire. Organistytionol structure A board of frustee5, currently consisting of seven members Iminlmum three mernber5, no maximum number) administer the charity. A Manager, Senior Practitioner, a Foundation Stage Practwtioner, Nursery As515tantS 8nd an Office Mana8er are employed for the day-to-day operations of the charity. The Trustee5 work closely with the nursery management to ensure the charity runs effectively and efficiently. Staff appraisals are done annually Supported by regular development d1scussions. Staf* meet twice yearly with Trustees and management meet bi-monthly. Questionnaires are sent to all parents asking for their views on the sèrvice provided and sugge5tlons for Sts improvement. Inductlon ond trolnlng of trustEes New Trustee5 are shown a copy of the Charity's Articles ol Association and advised on the policy, procedure and re5ponsibilitie5 ot the Charity under the Charities Act. Other motters Pay policy lor senior staff TheTrustees considerthat the Board and the Senior Management Team comprise the key management personnel of the Charty in charge of directinB and controllin8, running and operating the Charity on a day to day ba515. All Trustees give of their time freely and no Trustee received rernuneration or reirnbursement of expenses during the year. The pay of the senlor staff Ss reVeWed annually and are subject to affordabilityp job evaluation and necessary rnarket adjustment. Risk mana8ement The Trustees have assessed the major risks to which the company is exposed, in particular those related to operations and finances of the cornpany, 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) ICONTINUEDI FOR THE YEAR ENDED 31 JUL Y2025 The trustees, report was approved by the Board of Trustees. ustino Treo$urer Date..
BOLTON NURSERY LTD INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF BOLTON NURSERY LTD I report to the trustees on my examination of the flnancial statements ol eolton Nursery Ltd (the chorityl for the year ended 31 ju 2025. Responslbilitie$ and basls of report As the trustees of the charity land also lis directors for the purposes of company lawli you are responsible for the preparatlon of the financial statements in accordance wSth the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the eharity are not required to be audrf(ed under Part 16 of the Companies Act 2006 and are eligible for independent examination. 1 report in respect of my exarninatlon of the charitV'5 financial statements carried out under Section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions glven by the Charity Comrni5sion under section 14515llbl of the Charities Act 2011. Independent examlner's staternent Since the charity's gr05s income exceeded £250.000. the independent examiner must be a member of a body listed in section 145 of the Ch3rities Act 2011. 1 confirm that l am Qualified to undertake the exarnination because l arn a mernber of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodie5. 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 that in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statement5 do not accord with those records., or the financial statements do not comply with the accounting requirements of Section 396 of the Companies Act 2006 other than any requirement that the financial statement5 give a true and fair view. which is not a matter considered 85 part of an independent examination.. or the financial Statements have not been prepared in accordance with the methods and principles ol the Statement of Recommended Practice for accounting and reportln8 by charities applicable to charities preparing their financial statements in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other rnatters in tonnection with the examination to which attentlon should be drawn in this report in order to enable a proper understanding of the financial statements to be re3ched. Davld Andrew Llddlé BAIHonsl, FCA 4 Mason Court Gillan Way Penrith 40 Business Park Penrlth Cumbria CAII 9GR D8tÈ', 111,u
BOLTON NURSERY LTD STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JUL Y2025 Unrestrlrted funds 2025 Restrlcted funds 2025 Total Unrestricted funds 2024 Restrlctèd funds 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activitie5 Other tradin8 activitles Investment5 942 321,927 1,883 3.688 942 321,927 1,883 3,688 12,357 258.132 1,873 1.372 6,194 18,551 258,132 1,873 1,372 Total Income 328.440 328.440 273,734 6,194 279,928 Expenditure on: Raising fund5 CharStable activltie5 1,883 275,694 1,883 282,755 1,873 244.236 1,873 257.567 7,061 13,331 Toial expendlture 277,577 7,061 284.638 246,109 13.331 259,440 Net incomelle¥pendltuTel and movement In funds 50,863 17.0611 43,802 27,625 17,1371 20.488 Re¢onciliztlon of funds: Fund balances at l Au8USt 2024 166,704 41,357 208,061 139.079 48,494 187,573 Fund balances at 31 July 2025 217,567 34.296 251.863 166.704 41.357 208,061 The statement of financial aCtltIeS includes all Bains and losses recognlsed in the year. All incorne and expendlture derive from continuing actlvitie5. The note5 on pages 10 to 18 form part of these financial statements.
BOLTON NURSERY LTD STATEMENT OF FINANCIAL POSITION ASAT31 JULY2025 2025 2024 Notes Flxed assets Tangible assets 15 35.816 43.322 Current assets Debtors Cash at bank and in hand 16 12,900 215,832 15,490 160,402 228,732 112.6851 175,892 111,1531 Creditots: amounts falllng due within onè year 17 Net current asset5 216,047 164.739 Total asset5 le55 current liabilities 251,863 208.061 The funds of the ¢harlty Restricted income funds Unrestricted funds 19 20 34,296 217,567 41,357 166,704 251,863 208,061 The notes on pa8es 10 to 18 fom) part of these financial statements. The company is entitled to the exemption from the audlt requirement contained in section 477 of the Cornpènies Aet 2006, for the year ended 31 July 2025. The directors aeknowled8e thelr responsibilities for complying with the requirement5 of the Companies Act 2006 with respect to accounting records and the preparation of financial 5taternents. The members have not requlredthe companyto obiain an audit of its financial statements forthe year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to cornpanies subjett to the small companies re8irne. The fSnancial statements were approved by the trustees on Ustino Treasurer
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JUL Y2025 Accountln8 pollde5 Charity Information Bolton Nursery Ltd is a public benefit entity and a private company limited by guarantee incorporated in En8land and Wales. The registered office 15 Colby Lane, Bolton. Appleby In Westmorland. Cumbrla, CA16 6AW. 1.1 8asis of preparation The financial statements have been prepared In accordance with the charity's governing document, the Companies Act 2006. FRS 102 'The Financlal Reporting standard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the Charities 50RP "Accounting and Reportlng by Charities.. Statement ol Recommended Practice applicable to charities preparin8their accounts in accordance with the Financial Reportlll8 Standard appllcable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. The charity 15 a Public Benefit Entity as defined by FRS 102. The charity has taken adv3ntage of the provislons in the SOAP for charities not to prepare a statement of Cash Flows. The flnancial statements Sre prepared in sterling, which is the functional currency of the charlty. Monetary amounts in these financial staternents are rounded to the nearest £. The financlal Statements have been prepared under the hi5torlcal cost convention. The prSncipal accountin8 policie5 adopted are Set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reè50nable expectation that the charlty has adequate resource5 to continue in operational existence for the foresee3ble future. Thus the trustees contlnue to adopt the going concern basls of accountin8 in preparlng the financi81 statements. 1.3 Charltable funds Unrestricted fund5 are available for use at the discretion of the tru5tee5 in furtherance of thelr eharltable oblectlves. Restricted fund5 are subject tts speciflc conditions by donors or Erantor5 as to how they may be used. The purpose5 and uses of the restricted funds are set out in the notes to the flnancial statements. Endowment fund5 are subject to specific condStlon5 by donors that the capital must be maintained by the charltv. 1.4 Income Income is recognised when the charity is legally entitled to it after any performanee condltSons have been met, the amounts can be measured reliably, and it Is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance condltion5 requlre deferral of the amount. Income tax recoverable in re13tion to donations received under Gift Aid or deeds of covenani Is recognised at the tirne of the dtsnaton. Le8acies are recognised on receipt or otherwise if the charity h35 been notified of an impending distributlon, the 3mount is known. and receipt is expected. If the amount Is not known. the legacy 15 treated as a contingent assei.
BOLTON NURSERY LTD NOTESTO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 JUL Y2025 Accountlng policies 1.5 Expenditure Expenditure is recognised once there 15 a legal or constructive oblieatlon to transfer economic benefit to a third party*1t is prob3ble that a transfer of economic benefits will be reouired in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by attivity. The costs of each activity are made up of ihe total ol direct costs and shared costs, includinB support Costs involved in undertaking each activity. Direct costs attrlbutable to a single actlvlty are 311ocated direcrly to that activity. Shared Costs which contribute to more than one activity and support costs which are not attributable to a Single activity are apportioned between those activities on a basis conslstent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charge5 are allocated on the portion of the asset's use. 1.6 Tan8ible ffixed a55ets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment1055es. Oepreciation is recognised so as to write off the cost or valuation of assets less their resldual v31ue5 over thelr useful lives on the following bases.. Leasehold land and buildines Plant and equipment Computers strai8ht line over the life of the lease 15% reducing balance 3 years straight line The gain or loss arising on the disposal of an asset is determined as the dlfference between the sale proceeds and the carrying value of the asset, and is recogni5ed in the statement of financial actSvltles. P5ant & Machinery and Computer Equipment costlng less than £250 3re not capltalised but written off to the income and expenditure account as incurred. 1.7 Impalrmènt of fixed assets At each reporting end date, the charity review5 the carrying amounts of its tangible assets to determine whether there is any indication that those a55et5 have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of thè impairment loss lif any). 1.8 Cash and ¢a$h equlvalents Cash and cash equivalents include cash in hand. dep05fts held at call with banks. tsthershort-term liquid investments with original m8turitie5 of three months or les5, and bank overdrafts. Bank overdrafts are shown within borrowings in current 1.9 Finantial instruments The charity has elected tts apply the provisions of Section Il'Basic Financial In5trurnents' and Section 12'0ther Finaneial Instruments 15sue5' of FRS 102 to all ol its financial instruments. Financlal instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilitles are offset, with the net amounts presented in the financial statements. when there is a legally enforce3b1e right to Set off the recognised amount5 and there is an intention to settle on a net basis or to realise the asset and settle the liability Simultaneously.
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 JUL Y2025 Accountln8 polltles Boslcflnanclts1055ets Basic financial assets, which include debtors and cash and bank balances, are inltially rneasured at transactlon prlce including transaction costs and are Subsequently carried at amortised c05t using the effective interest method unless the arrangement constitutes g financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets elas5ified as receivable within oneyear are not amortised. Bosi¢Alnunclol Ilablllrfes Basic financial Ilabllities, including creditors and bank loans are initially recognSsed at transartion price unle55 the arrangement constitute5 a financing transactlon, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financlal liabilities classSfied a5 payable wlthin one year are not amortlsed. Debt Instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired In the ordinary course of operations from suppliers. Amount5 payable are classlfied as current liabilitie5 if payment is due within one year or le55. If not. they are presented as non-current liabilitles, Trade creditors are recogni5ed Initially at transaction price and subsequently measured at amortised c05t Using the effective interest rnethod. DereOnIon oAAlnon¢lallitrbAlities Financial liabilities are derecognised when the charity's contractual obll8atlons expire or are discharged or cancelled. 1.10 ftetlrement benefits Payrnents to defined contribution retirement benefit schemes are charged as an expense as they 1811 due. Prepaid contribution5 are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or cash refund. Crltlcal accountlng estimate5 and lud8ements In the applicatlon of the charlty'5 accountin8 policie5. the trustees are required ro make judgements, estimate5 and a5SUmPtions about the carryin8 amount of assets and liabilitle5 that are noi readily apparent from other 50urce5. The estlmate5 and associated assumptions are based on hlstorical experience and other factors that are considered to be relevant. Actual Te5ults may differ from these estimates. The estimate5 and underlyin8 assumptions are reviewed on an ongoing basls. Revision5 to accountlng estirnates are recognised in the period in which the estimate 15 revised where the revision affects only that period, or in the period ol the revision and future period5 where the revision affetts both current and future periods. Income from donatSons and legacles Unrestrlcted fund5 2025 Restricted funds 2025 Total Unrestrlrted funds 2024 Restrlcted fvnds ZOZ4 Total 2025 2024 Grants 942 942 12,357 6,194 18,551 12-
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 Inctsmè from ¢harltable a¢tlvltle5 Unre$trlcted funds 2025 Unrèstricted funds 2024 sales wlthln charitsblè activlties Sale of eoods 321,927 258,132 Income from other trading activltles Unrestrlcied funds 2025 Unrestrlrted funds 2024 Fundraising events 1.883 1,873 Income from investments Unrestricted tund5 2025 Unrestricted funds 2024 Interest receivable 3,688 1.372 ExpendSture on ralslnB fund5 Unrestrlcted lunds 2025 Unrèstricted funds 2024 FundraisinÉ and publl¢ity Other fundraisin8 Costs 1.883 1,873 13-
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y2025 Expendllure gn charltable attlvities Actlvitle5 undertaken dlrectly 2025 Artlvltles undertaken directly 2024 Dlrect cost5 Staff costs Depreciation and Impairment Provision of nursery services 248.902 7.506 26.347 223.845 7,556 26.166 282,755 257.567 Analysis by fund Unrestricted funds Restricted funds 275.694 7,061 244,236 13,331 282,755 257.567 Net movement In funds 2025 20Z4 The net rnovement in funds is stated after char8ingllcreditingl.. Fees payable for the independent examination of the charity's financial 5taternents Depreciation of owned tangible fixed a55ets 834 7.506 810 7,556 io Independent examlnatoon fees Fees payable to the charity's independent examiner for.. 2025 2024 For audit 5ervice$ Audit of the financial statements of the charity 834 810 li Trustees No remuneration or reimbursement of expense5 in relation to services provided to the charity were received by the trustees durin8 the year wlrh the exception of 8 5318ry pald to Kaya Bennett in her role as Manager. 14-
BOLTON NURSERY LTD NOTESTO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 JUL Y 2025 12 Employees The average head count of employees durin8 the year was 1312024.. 131. The average number of full-time equivalent employees during the year was.. 2025 Number 2024 Number Nursery staff Administration staff 12 12 Total 13 13 Employment Costs 2025 2024 Wages and salaries Other pension costs 244,076 4,826 220,397 3,448 248,902 223,845 There were no employees whose annual remuneration was rnore than £60,000. Remuneration of key marta8ement personnel Key rnanagement personnel in£lude all persons that have authority and responsibility for plannin6, directing and controlling the activities of the charity. The remuneration of key management personnel in the year was £36,66412024: £30,850). 13 Deflned cgntrlbution plans The amount Tecognised in income or expenditure as an expense in relation to defined contribution plans was £4,826 12024.. £3,448). Taxatlon The charity is exempt from taxation on Its actlvlties because all its incorne is applied for charitable purposes. 1s-
BOLTON NURSERY LTD NOTES TO THE FINANCIAL 5TATEMENT5 ICONTINUEDI FOR THE YEAR ENDED 31 JUL Y2025 15 Tangible fixed a55et5 Leasehold nd nd bulldln£s Plant and equlpment Computsr$ Totsl Cost At I AuBUSt 2024 183.339 13,505 5,311 202,155 At 31 July 2025 183,339 13.505 5,311 202.155 Depreciation and impairment At I Au8U5t 2024 Depreciation charged in the year 141,851 7,231 11,671 275 5,311 158,833 7,506 At 31 July 2025 149,082 11,946 5.311 166,339 Carrying amount At 31 ju 2025 34,257 1,559 35,816 At 31 July 2024 41,488 1,834 43,322 16 Debtors 2025 2024 Amount5 falling due within one year.. Other debtors Prepayments and accrued income 8,362 4.538 12,248 3.242 12.900 15,490 17 CredStor5: amounts fallln8 due withln onè year 2025 2024 Other taxatSon and social securfty Trade creditors Other creditors Accruals and deferred Income 3.819 1,475 4,290 3,101 3,315 1,340 4,950 1,548 12,685 11.153 18 Retlrement beneflt schemes 2025 2024 Defined contributlon schemes Charge to profit or loss In respect of defined contribution scheme5 4,826 3,448 18
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 18 Retlrement beneflt schemes The charity operates a defined contribution pension scheme for all qualifyin8 employee5. The assets of the scheme are held separately from those of the charity in an independently administered fund. 19 Restricted funds The restrltted funds of the charity comprlse the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At l August 2024 IncomlnB resources Resourfes At 31 July 2025 èxpended Fixed Assets Restricted Grants 41,105 252 17,0611 34.044 252 41,357 17,0611 34,296 Prevlous year.. At l August 2023 Incoming rèsourtès Resources At 31 July 2024 expended Fixed Assets Restricted Grants 48,210 284 17,1051 16,2261 41,105 252 6,194 48,494 6,194 113,3311 41.357 20 Unre5trlcted funds The unrestricted funds of the charity comprise the unexpended balances of donation5 and Brants whlch are not sublect to specific ctsndition5 by donor5 and grantors as to how they may be used. These include designated fund5 which have been Set aside out of unrestricted fund5 by the trustees for specific purposes. At l August 2024 Incomlng resources Rèsourtès At 31 July 2025 expended General fund5 166,704 328.440 1277,5771 217.567 Prevlous year: At l August 2023 Incoming resources ResouT¢es At 31 July 20Z4 expended General funds 139,079 273,734 1246,1091 166,704 17-
BOLTON NURSERY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y2025 21 Analysls of net assets between funds Unre5tflcted funds 2025 Restrlcted funds 2025 Total 2025 At 31 July 2025: Tangible assets 1,772 215.795 34,044 252 35.816 216,047 217,567 34.296 251,863 Unrestrl¢ted lunds 2024 Re5tYlcted funds 2024 Total 2024 At 31 July 2024: Tanglble asset5 Current 8ssetsllliabilitiesl 2,217 164.487 41.105 252 43.322 164,739 166,704 41,357 208,061 22 Operatln8 lease commltment$ Lessee At the reporting end date the charity had outstanding commitments for future minimurn lease payments under non- cancellable operatin8 lea5e5, which fall due a5 follows: 2025 2024 Within one year 570 23 Related party transactlons There were no disclosable related party transactions during the year12024- none). 18-