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← Burnholme Community Nursery

2025-03-31-accounts

Charity registration number 1098211

BURNHOLME COMMUNITY NURSERY

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

BURNHOLME COMMUNITY NURSERY

CONTENTS

Page
Legal and administrative information 1
Trustees' report 2 - 3
Independent examiner's report 4
Statement of financial activities 5
Statement of financial position 6
Notes to the financial statements 7 - 11

BURNHOLME COMMUNITY NURSERY

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Kate Adamson Karen Todman Martin Todman Nina Holliday Mark Briggs (Resigned 20 May 2024) David Harrison Sarah Neale (Appointed 26 June 2024) Charity number 1098211 Principal address Burnholme Nursery The Centre Mossdale Avenue Bad Bargain Lane York YO31 0HA Independent examiner Andrew Northern ACA Fortus Limited Business Advisors and Accountants Equinox House Clifton Park Shipton Road York YO30 5PA Bankers Nat West Bank Plc 1 Market Street York YO1 8SR

BURNHOLME COMMUNITY NURSERY

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019".

The legal and administrative information page forms part of this report.

Objectives and activities

The Charity’s objectives were updated in June 2024 as part of a review of the constitution to remove reference to Burnholme Community College as it no longer exists. Main aspects of the objects remain the same and purpose of the Nursery remains to advance quality care and education for young children (primarily under statutory school age). Burnholme Nursery operates in a purpose built community space as an independent charity.

The Charity's objects ('the objects') are:

Achievements and performance

Burnholme nursery continues to provide high-quality, year-round childcare for all our children (9 months to 5 years), we understand each child’s individual needs and support them in everyday play.

The nursery continues to provide childcare for in excess of 50 children over the week (up to 30 children each day) and includes a mix of funded and private fee-paying families. The nursery offers the new and existing government funded childcare schemes for 2, 3 and 4 year olds and introduced the scheme to all children over 9 months old who qualify for the funding from September 2024. This government initiative for families is making a difference for parents accessing this support and the children who are improving their social skills and developing in their peer groups. The Nursery includes a small number of children and their families with Special Educational Needs.

The implementation of an on-line platform to communicate with parents on the children’s daily experiences and the learning environment for the children in our care is proving to be a very helpful approach for both parents and the Nursery.

The Nursery implemented pay increases December 2024 to ensure experienced Nursery Practitioners are receiving an hourly rate in line with the Real Living Wage recommendations. Currently we have a management team and core team of full and part-time experienced nursery practitioners supported by those providing supplementary services and an apprentice.

Update since 31st March 2025

The Nursery increased the fees in April 2025.

Pay increases are under discussion for implementation in November 2025. Fees at this time are being held at the current levels but may be increased during 2026 if required.

In agreement with Explore Libraries, the lease costs were increased for a further 3 years (Oct 2025 to Oct 2028). In addition, meal costs also purchased from Explore libraries were also increased and consideration of the new EYFS guidelines were incorporated. An updated lease agreement is in the final stages of being approved.

Improvements to the outside space were made in June 2025 and the children have been enjoying the environment.

The apprentice working at the Nursery completed and passed their level 3 qualification in July 2025.

Financial review

The net income for the year was £20,192 (2024: £24,230).

BURNHOLME COMMUNITY NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The current level of free reserves is £149,289 (2024:138,297) after lease commitments. The charity’s reserves are maintained to enable us to meet any liabilities if the nursery closed. The reserves provide flexibility should additional staff be taken on during the financial year. It is proposed that this policy is reviewed annually following the financial end of year.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that policies are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity adopted its constitution on 19 September 2002 and amended it on 13 February 2003, and again on 26 June 2024.

The executive committee (trustees) shall consist of not less than four members and not more than ten members. In addition the executive committee may appoint no more than two co-opted members. Each appointment is to be made at a meeting of the executive committee and will take effect from at the end of that meeting. All members of the executive committee shall hold office for an initial period of 3 years that will then be reviewed.

Key risks and uncertainties

As a charity providing care for children, the trustees recognise that the key risk relates to injury or death of children whilst in our care. Strong safeguarding controls have been implemented and are regularly reviewed to ensure they mitigate the likelihood of this risk. Training and vetting of staff and clear policies create an effective safeguarding culture.

The increasing cost of employing staff, at a time of ongoing funding challenges and cost of living increases for parents/carers, is a risk both to the financial viability of the charity and to the strength of the early years sector. Challenges also continue with recruitment of suitably qualified staff and the trustees have implemented pay rates in-line or above the Real Living Wage for most Nursery staff to help mitigate this risk.

The trustees' report was approved by the Board of Trustees.

Karen Todman Trustee

27 January 2026

BURNHOLME COMMUNITY NURSERY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BURNHOLME COMMUNITY NURSERY

I report to the trustees on my examination of the financial statements of Burnholme Community Nursery (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Andrew Northern ACA

Fortus Limited Business Advisors and Accountants

Equinox House Clifton Park Shipton Road YO30 5PA York

Dated: 28 January 2026

BURNHOLME COMMUNITY NURSERY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Unrestricted
funds funds
2025 2024
Notes £ £
Income
Charitable activities 2 326,068 278,453
Other trading activities 3 180 316
Investments 4 652 614
Total income 326,900 279,383
Expenditure
Charitable activities 5 306,708 255,153
Net income for the year/
Net movement in funds 20,192 24,230
Fund balances at 1 April 2024 141,172 116,942
Fund balances at 31 March 2025 161,364 141,172

The statement of financial activities includes all gains and losses recognised in the year.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BURNHOLME COMMUNITY NURSERY

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

Notes
Current assets
Debtors
9
Cash at bank and in hand
Creditors: amounts falling due within one year
10
Net current assets
Income funds
Unrestricted funds		 2025
£
2,536
164,041
166,577
(5,213)		 £
161,364
161,364
161,364		 2024
£
5,423
140,330
145,753
(4,581)		 £
141,172
141,172
141,172

The financial statements were approved by the Trustees on 27 January 2026

Karen Todman Trustee

BURNHOLME COMMUNITY NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Burnholme Community Nursery is a charity registered with the Charity Commission for England and Wales.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue 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 available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are used only for restricted purposes as specified by the donors.

1.4 Income

All income is included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1.5 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable expenditure comprises those costs incurred by the charity in pursuit of its charitable object.

Governance costs are those costs in connection with meeting the constitutional and statutory requirements of the charity.

1.6 Tangible fixed assets

Expenditure on fixed assets costing more than £500 is capitalised.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers 33.33% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

BURNHOLME COMMUNITY NURSERY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments 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 recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price.

Termination payments

The amounts included within termination payments are paid to the employee in line with the company redundancy policy.

2 Charitable activities

Charitable Charitable
Income Income
2025 2024
£ £
Fees including childcare vouchers 135,057 165,666
CYC fees 190,476 112,105
WFRU 535 682
326,068 278,453

3 Other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 180 316

BURNHOLME COMMUNITY NURSERY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 652 614
5 Charitable activities
Charitable Charitable
Expenditure Expenditure
2025 2024
£ £
Staff costs 251,583 207,624
Bank charges 380 378
Donation 30 32
Premises costs 17,892 15,478
Food and consumables 25,466 22,850
Printing, stationery and postage 812 1,132
Educational supplies - 5
Telephone 1,245 1,149
Insurance 1,697 1,618
Sundries 3,475 2,167
IT costs 1,669 969
304,249 253,402
Share of support costs (see note 6) 708 488
Share of governance costs (see note 6) 1,751 1,263
306,708 255,153

BURNHOLME COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support COSts Support ¢￿ts GoverMn¢e costs 2025 Support costs Govtrn•n¢t CO8ts 2024 LW aThJ rthg0Th81 fees 488 AcccAJntsncy {M5t￿l wislrthn 1,531 220 1.531 1,043 1,043 220 1.751 2,459 488 1,263 1,751 ATh81ysed beiween Chantsble 8clivits.es 1.751 2,459 488 1.263 1,751 )v8manc8 costs includ8s IrKl8￿nd8fbt ExamiThfilion f885 of £1.53112024 E1,0431 Tru•t••• Ono of Ihe Iwstges i REDACTED I receiwJ ￿MUr￿01K￿ Irun Ihe chanty ￿nThj tho year 01£36,039 and ￿nS￿n ccrtrt)utM)ns ol £894 12024 [m￿81. ()tsi&J rM)minB18d Indi￿ld￿￿1 ar8 f8qLMred to b8 a tNs188 50 th8 d(xuffl8nt n(M alkjws Ihe triJ5188 to bo pahj. Employ• Tho avefap [￿nIhty 8mpk)y8os the yearw&5 2026 Numb•r 2024 Numb•r 12 12 Employm•nt co•ts 2026 2024 Wag8s and sa￿0$ 251.583 207.624 The 10t￿ errWcrymBnt b8n8frts ol Key Man•Jem8nt Per￿n81 incllkling pen￿0Th conlribut￿s arkl ￿p10￿5 n8tion81 insurance s £12.738. Thwe no emph)yees wts)se amual ￿M￿n￿all0￿ %52s more Ihan £80,000. D•btor8 2026 2024 Amounts lilllny due wlthln one year: Omar debtr*5 3,189 2.234 Prepaym8nt5 and accru8d inc(xll8 2,536 2,536 5,423 10-

BURNHOLME COMMUNITY NURSERY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10
Creditors: amounts falling due within one year
Other taxation and social security
Accruals and deferred income		 2025
£
3,893
1,320
5,213		 2024
£
2,812
1,769
4,581

11 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2025
£
6,037
6,038
12,075		 2024
£
2,875
-
2,875

12 Related party transactions

Apart from the trustees remuneration, there were no other disclosable related party transactions during the year (2024 - none).