Company Regtstration No.: 03847662 Charitv Re(yRstratÉon No.: 1097448 ST THOMAS a BECKFfF NURSFRV SCHOOL LIMITED (A COIMPANY LI[￿l-. ED BY GUARANryKE) TRUSTEES. REPORT AND UN'AUDITED ACCOb'NTS FOR THEYEARENDED 31 AUGU￿ 2023 ST THOMAS a BECKEfT NURSERY SCHOOL LEGAL AND ADMINisfRATIVE INFORMATION Trustees U Tompsett ] Simmonds Charitv number Companv numbe-. 03847662 Principal ALldress 3 Tutts Barn Lane EasttK>ume F2st Sussex BN22 8xr Reg1steL￿d Office 2 L'pperton Gardens EastEK>ume East Sussex BN'212AH AccountanLs xi.naii 10 S T TTr,:.*d CEMrtered Accoknntants 2 Lpneron G..,dens Eas bourne Eas- S j¢sex Banker5 Bare]avs Bank PIC Terminu5 Road Fastbourne ST THOMAS a BECKErr NURSERY SCHOOL LIMITED COWFENTS Pase Trustees report InLlependent ekiminerfs report Statement of financial activities Balance Sheet N'otts. to the accounts ST THOMAS a BECKErr ￿lJR5ERy SCHOOL LIMrrED TRUSTEES, REPORT FOR TIE YEAR ENDED 31 AUGUST 2023 The trustees t)Yesent their report and accounts for the Vear ended 31 August 2023. The accounE5" nai"e been preparyd sn acCOrd￿￿ce E%'ith the accounEing policies sel out in note I to the acCo￿￿t5 and iornply with the charity's sovernlntr d{￿UMen¢ applicable law anLI the re41iiretrLenb of the Statement of Recomrnendeo Practice. Strncture, Governance and Management Governin8 D￿lUllent St Thomas a Beckelt Nur5ers" kh(￿1 Limited is a registeral dmrity and a compan! limited bv guarantee atid is goN"erned bv its Memorandum and Artieles of Associatio St Thomas a Beckett School Nursery LiJrat&l was incorporated as a company limited bv guarantee on 23 September 19>9 and was T￿lSte￿d as a charity b! the Charih? Commission on 9 May 2003. Recruitment. Appointment of Trustees Trustees, who are also Directors of the CornpaThv, are elected by the Board. The Chair. workin8 w.th one other Trustee, oveT5ees the electTons proTrss for Board appoÉr.tLnents which are then approved bv the Ix)arLI. A sepurate process a￿eed by the Trustee Board is followed for the eleLttion of the Qhair. N'o oib£-. persors or bodie5 e.Yternal to the charitv were entitled to appoint personb to the T￿St￿ Board. Induction of Trustees N'ewly 2ppoinled Trustees are appointed with a comprehensive induction to St Thomas a Beckett Nursery School Lin)ited t￿ouSh the provision of trainin¢T courses and induction rnaterkals. The trustees, m.ho are a]so the directo￿ for the Purpo￿ of companv law, m.ho served durin(T the vear w"ere". 5 Simmonds U ToTf,PbL) D Perma"al TRLfsTEE£' REPORT (CONTEXUED) FOPK TIIE YE.4R E.XDED.?l A-'G￿5T ?0?" Organi5ational Strurture Si Thomilb cl Beck-et; Nur>ery' %-h(yol LimitE i) trui'emed bi ib Trustee Soard, ￿.h1￿h 1> r¥sNifLSLble for bett:".I" t4e di-.*tion of orttsfi)&L>Lfjili:i- for ¥he conduct of St Thonus a BLC.KLt* X.':5ery" .hoL)l Limited and tor efiiU-.:1." tiaw Ine iharib%' ￿lt15f-es its le￿al and cop.trailL..T iibli¢-ations. .l.ryk4 dele￿a* the dai-_tLI-Llai' OPLrali&iin c)f t.: c)rgani*<ion to Tl-.e TTh>tèe BLki..J 1> independent mana'"emer,t. ,Nlijor risks .4b partl of 115 OTli7L)jnn fi>k a>>e*>i,.er.t risk rr*aTh)oerieTht, the ￿￿]lOr riiL- to ii-h',.4 t4e charili" 1> expo>eil are con:ilaadi!- a.Id knie notiEied to Lqe Trust&t's. Tkie Trust*s are satisE&Lsd that appropriate ineas'ares a".e beintr Émplemenled lo militra:e t4e el+LLti of those risks. Intemal ris Ire ￿1V￿A￿lied bfv. the inplementalion ot cftLYtii-e financi£li a.ILI dminis ratiNe controls n-..,KeduIv5. aid b!- ensurintr i0￿1)tent 4ualih' of delii-¥Th fJr all operakiL)nal ￿peCt￿ of the chari*.. Objectives and acTrivilies Aims, Objectives, Stratetries and principal acti&ity The clkirili s objects ard t4a: o prornoti47ts a-..d prLli'jdintt for Lrye adfvancement of etsu'iaiivn c>E chddren up to the a￿e 0£ h¥elk-e. Achievemen+s and per£onnance Durintr the vear the nurseTh" >choL71 PLrsLed i'ts aims and obiectii.es m.hiie operatino at a nL¥t surplus. Investment Activities Thi. chL..:tF Lloes nut cUt￿ntI￿ hold anTr- maieral ini'estments. Financial Review Financial posirion The trear eniled ith a YLLTluy OE #ry,￿43 (?0??. kluil. At the end of the !eAr the .Xursery had an unrestriLtted treneral reseTh'¥ OE l*JP?. 69.4SOI. ST THOMAS a BECKErr NURSERY SCHOOL LIMITED TRU'STEFS, RFPORT ICONry,TN.L'E FOR THE Y￿R ￿EN'DED 31 ALC. T Limited 2 Upperton Garaens East Sussex BFPI 2AH ST THOMAS a BECKErr NURSERY SCHOOL LIMITED STATEMENT OF FINANCIAL AcrIvrrIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGu¥f 2023 Unreslrirted Fund5 Designated Restrirted Fund5 Funds Total •OZ3 Total 2022 Iniotnin(r rwuno5 frTrm ￿enerated fund5 Grants and donations "Eic¢ fvr.¥c?ierrtfipi¢lIirt￿-.. Ini'LStment Income IS,(KRi 18.681 18.JTh4 360 19,(Hl 33 19JMI In¢otning resour￿$ Erotn aMrit1r ble aiti12ties Grants and contracts 138.184 Total tncomintr Resources 1763 176204 li7,LhJl ResourL*S E ended Charitable adivitit5 SUp￿rt Losts lJ7p59 lJ7,i?9 134,6ii GO1"ernan￿ costs 810 Total resources expended 166.461 166.461 141438 Net loutg0ingvInco￿1n8 re50ur¢es before transfer 9N3 Transfer bettvL*n funds Net income/lE¥pendibJxel forthe yearl Net movement in hthds 9JH3 9.843 14.563 Fund baIanLe at l &pttmber 369.480 369,490 369.480 Fmnd balances at 31 August 14 379J 379313 The Statement of financial activities also complies w'ith the requtrements for an income and expenLliture account unLler the Conipaniea Act ?006. CMTI ST THOMAS a BECKErr NURSERY SCHOOL LIMITED BALANCE SHEET AS AT 31 AUGUST 2023 2023 2022 Notes Fixed Assels Tangible Assets Current Assets Debtor5 Cash at bank and in hand 114,6i-, l(H.679 l(U.679 Creditots- amounts falling due within one year 13 (fA8) (6?4) Net Cu￿ent knets 114.013 104.05? Total Assets less current liabilities 369ASO Income Funds U[￿estriCted Funds: Other ChariLible funds: 369,480 The companv is entitled to exemption from under ￿tion 4n of the cO￿PanIeS Act 2W6 for the vear ended JI AuLTUSt 2023. The meM￿r$ have not Tequired the companv to obtain an audit ol its financial statements for the Vear ended DI Ausust 202) in accordance iiith Sertion 476 of the Companies Act 2￿6. The directo￿ acknowledoe their responsibt]ities for. lal ensuring that the compatLV keeps accountino records s%hich complv Section5 386 and 387 of the Companies Act 2006 and (bl preparintr financial state7nents M"bich ¢Tji-e a true and fair i ieh. of the state of affairs of the cornpanv as at the end of each Einanckal l'ear and of its profil or 1055 for each fInanc￿l vear in accordance Iwith the requiretnents of Sections 394 and 395 and which othen%'ise Cornplv ii'ith the requirements of the Companies Act 2006 relaling to the Etnanc?al stslements, so far as applicable lo the companv. The fiTMncial statements have been prepared in accordance ￿'1th the special provisions of Part li of the Companies Act ?OiX) re]ating to small coMpaniL￿ and M'ith the Financial Reporting Standard for Smaller Entities {eEfective of April 21Y)8) The financial statemenls M'ere approved bv the d￿eCtOrS on ........................... and were si¢med bv: Trustee Mrs I Simmonds Trnstee Mr D Permaul ST THOMAS a BECKErr NURSERY SCHOOL LIMITED NOTES TO THE AccouKrs FOR THE YEAR EINDED 31 AUGUST 20?3 l Accountins policies 1.1 Basis of preparation The finanLial stEItLyments are prepared under the historical cost convention and in accordance 'ith the Finani2al ReportinLTr Standard for Smaller Entities (effectsie April ?OOS}. In preparinL the financial statements the charit! folloii's iEst practice as taid in the Statement of ReeDmmended Practice. l ? Incoming resources Voluntar! income and donakn"orLS are accounted for ii.hen receii-ed by the charitsble companv. tncome from Eundraisino eN"ents is shoivn oross. No peTrnanent elldowments hai'e been receÉved in the period. but these are dealt with throuoh the Statement OE Financial Actiirities .hen Teceived. Grants receiNables are reco￿lsed once the charihr has entitlement to the resources, it is certain that the resources w'ill be receii'ed. and thev are letrallv entitled to the income. ID Resouttes expended Liabilities are recO￿lsed as Tesources expended as soon as there is a le¢Tal or constructive obligation committing the charitN" to the expenditure. All expenditure is accounted Eor on an accrual's basis. Value added lax not recoi'erable bv the charitable companv due to its exempt Status is Èncluded Tr%"ithin the rele￿ant costs in the Statement of Financial Actii-ities. Charitable expenditure comprises those cosls incurred bv the charit!. in the delivery of its actii'ilies and seTh"ices Eor ils L￿efi￿ar1e$. It includes both costs that can be allocated direcil}' to such activities and those costs of an indirecl nature necessary to support them. Govemance costs include those as5(Kiated Mith rn&tintr the constituh.onal and statutor). requiiements OE the charity and include the accountanc! fee and costs link-ed to stratetrj manasement of the charitv. 1.4 Tansible fixed a55ets and depreciation Tangible fixed asset5 are slated at cost depreciatiorL Depreciation is pro￿111ed at rates calculated to iyrite ot the cost Icss estimated residual value of each asset oi.er its expected Useful life. as folloms.. Furnilure and Equipment Plavground equiprnent Propert! additions .* reducino balance .0 reducin(y balance Nol provided 1.5 Fund accounting Unrestricted oeneral fuThds - these are funds, m.hich can ly used in accordance M'ith the charitable objects at the discretion of the Irustees. DeSis￿ted funds- these are funds allocated bv the tr￿￿teeS out of unreslricted general funds for specific future purptss￿. ST THOMAS a BECI(Err NURSERY SCHOOL LIMITED NOTES TO THE ACCOUNTS (Co￿nNUED) FOR THE YEAR ENDED 31 AUGUSF 2023 l) A¢¢ounting PolAcies {continued) Fund accounting Icontinuedl Restricted funds these aTr funds tl)at can onlv be used Eor particular restricted purposes M'ithin the obj'ects of the charit!. Restrictions tiri5e m.hen specifi.ed b!. the donor or if funds are raised for a specific purpose. 2 Grants and Donalions Unrestricted Funds Resttirted Fund5 Total 2013 Total 2022 Grants and other income Fees receii'able 40i 18,276 18,681 18,681 18,7SI 3 Investment Income 2023 2￿ Interest Receivable 360 4 Incomin8 resources from tharitable aCti￿tieS UDTestricted Re5trirted Funds Fund5 Total 2023 Total Grants receivable li7,263 157263 138,184* Included withifi this income are the following grants Unrestricted fund5: Nursery education srants li7,263 138,184 I IOTES TO THE ACCOL XTS (CON'TINL'ED) FOR THE YEAR ENDED )1 ALGUST ?Oa? ? Total resources expended St￿£ Depreciation Costs Other Costs ToEal Total Charitable acl21-ities .4ctxN';ties undeita&%en l>r'.6il tr por: LOS&S Governance costs 5,09? sio sio Total 6 .4ctivities undertaken directlv Other relating to direct ciuryljble e.xpenditure compri>e: Unrestricted TrLIiEino c05t ResouriE [￿a￿en?. .4di-ertLSiti Cleani.ry" CO>ts Rent 3.069 168 1.40-, ]1,41)0 104 ?6j Eqiiipment SunilTh' itthms Profèssional iosts Prerii*> Expen>e> Elec/Ga> Computer IICT Costb BuilLL1ll￿ 4nd Cont=nts [￿- Ik'a:er Suppll Buildints Ilaintenanl Il'rile ofE of uld balanie 41 1.179 24,93? io ST THOMAS a BECKErr N'URSERY SCHOOL LIMrrED NOTES TO THE ACCOL'NI TS (CO.NTI,X7UED) FOR THE YEAR E.NDED 31 AL,GL.ST ?0? I Support Costs 20?? Resouice materia Rent Equiprnent SunLlTh' items Elec/Gas Compuler/icf costs pre￿iSeS eYpeTtses BuilL4intr and Contents tns Il'aler Suppl Buildin- - Xlaulltenance i)6 16? 600 S4 loo 130 ?? loi 194 1,608 Support Costs haN"e Ixen all£La;ed on the basi> of floor area and st&¢E utilizatiorL 6 Governance Costs SubyTiptio .Iccounk3nck li9 674 810 9 Trustees 'one of the trustees {or anv per50DS cormected s¥ith them) receii'ed anv remuneration durin the ￿'ear. NOTFS TO THE ACCOUN￿5 (COIYllNUED) FOR THE YEAR EN'DED 31 AUGUST 2023 10 Employees L umber of emplovees The aierage monthl! nuM￿r of emplol'ees during the vear lias.. 2023 2022 Number Direct charitable h.ork L anatremenl and administration Employment costs 2022 Watre5 and salaries Social securi￿ costs 115,421 104.098 I29￿79 11>.372 11 Taxation The Companv is a resistered diaritv and under seclion JO? (l) of the Inconie and Corporation Taxes Act 1988 is exempt from t&xation. 12 Tansible Fixed Assets Property Addilions Furniture Playground And Equipment Equipment Total C05t On I Septetnkr ?0?? Additions On 31 Autrust 26i.Oi9 4%67 4367 Depreciation On 15eptember Charoe for the vear 4.6n 49 11.912 16584 92 On 31 August 2023 4.720 11,956 165>4 Net book value On 31 August 20Z3 On 31 August 2022 265.(b9 26i.Oi9 146 195 26iJ34 265,42i In ST THOMAS a BECKFrr NURSERY SCHOOL LIMrrED NOTES TO THE ACCOUNtS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 13 Creditors: Amount fallirto due within one year 2023 2022 Income in Ad￿ance Accruals 6?4 648 624 14 Analysis of net assets between funds L'nresttirted Desi￿ated Restricted Fund5 Funds Funds Total Fund balance at 31 Au.¢wst 20J? are represented by. Tangble fixed assets Current assets Creditors: amounts fallÈng due M'ithin one 'ear 114,637 (&￿) 114,637 379J23 379,323 15 Commitments There M'ere no commttments at the balance sheet date. 16 Related parties There ii'ere no related parties durintr the vear. 17 Designated Funds There ii"eTe no balances held in these funds at 31 August ?￿￿. 13