Myrtle House Ltd 05152593
NURSERY
Myrtle House
yrtle House Ltd
Charity number. 1105421
Company Registration Number. 05152593
Trustees, report and financial statements
for the year ended 30th September 2024
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Myrtle House Ltd 05152593
Contents
Page
Legal and administrative information
Trustees report
Independent Examination report
Statement of financial activities
Balan￿ sheet
Notes to the financial ststements
9-13

Myrtle House Ltd 05152593
L al and administrative infomation
Charity Name: Myrtle House Ltd
Charity Registration Number. 1105421
Company Registration Number. 05152593
Address:
Myrtle House Ltd
22 Myrtle Terra
Llanelli
Carmarthenshire
SA15 1LH
Trustees & Directors:
Mrs E P Chapman
Rev W P J Chapman
Mrs K P Mcshane
Rev M L O'Brien
D Kemeny
Mrs S O'Brien (Company Secretsry)
Independent Examiner.
Carwyn Morgan B.S.c.. F.C.C.A
Ashmole and Co.
The Old School
The Quay
Camarthen
SA313LN
Page 1

Myrtle House Ltd 05152593
Re
ort of the Trustees
For the year ended 30th September 2024
The Trustees present their report and the financial statements for the year ended 30th September 2024. The
trustees who served during the year and up io the dale oflhis report are set out on page 1.
Structure. governance and management
The Charity is a subsidiary of Elim Foursquare Gospel Alliance (charity registratbon 251549) The daity running
of the charitable company is covered by the Project ManagerlNursery Director. Mrs Ellen Chapman who is
also a trustee. Oversight is given by the leadership of the local Elim Pentecostal Church. Monthly leaderfs
meetings are held where decisions are made regarding strategic matters. In line with the constitution, trustees
must be part ofthe Church leadership team.
Governing Document
The charity is governed by its Memorandum and Articles of Association as a Company Limited by Guarantee.
Risk management
The trustees have a duty to identsfy and review the risks to which the Charity is exposed and lo ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectlves and actlvltles
The main purpose and objects of the charity are set out in the Memorandum of Association as follows..
The charty was set up w￿h the aim of running a nursery and pre-school facility for the benefit
of Ihe community of Llanelli and the surrounding area under the umbrella of Elim Pentecoslal
Church, Llanelli. The charity aims to run the best nursery and pre-school faality, maintaining
the highest stsndards of excellence.
Achlevements and erfomiancè
Myrtle House Nursery is registerèd for 97 children including under 2's. 2-5 year olds, wrap around care and
Holiday clubs.
The atmosphere of the nursery is important to us. A welcoming and rich environment that supports the
children to learn and play safely is paramount. Caring for the children in a safe, secure and clean
environment helps the children, have the best experience, give the staff a great work environment and the
parents peace of mind when leaving their child at nursery.
The setting is welcoming and friendly. Parents are very positive in their feedback aboul the decoration,
cleanliness, quality of equipment and loys, in fact the overall feedback from the parents about the
environment inside was excellent.
The new lighling has given a calming effect and gives a better and more comfortable feeling of a hom8
rather than the stark lighting that you get from slrip lighls.
Parents Continue lo comment in their review on how much their child enjoys playing outsidè in the grounds
even in the rain and it's clear that all we have to offer in the outdoors provision eg mud kitchen, sand and
water play, the pirate ship and nature walks in the grounds and playing on the lawn is a big factor in
choosing Myrtle House.
The new soft surface flooring that was laid last year has changed the outdoor play area dramatically. It is
safer for the children, they are happier and there have been less falls and tumbles. This addition has also
changed the slaff experience outdoors because it is so much safer.
It has enabled the slaff to focus on the activities etc rather than having to be constantly making sure the
children are safe from tripping, falling etc. 99°/0 of the parents feedback was that the outdoor environment
was excellent.
The under 2,5 ouldoor area has been updated and new equipmenl added to the space lo make a better
outdoor provision for the under 2's. The Spa￿ has a canopy that enables them to enjoy the outdoor5 rain or
shine.
We no longer provide an after school club as this was prooving to be a burden as was not cost effective.
The holiday clubs are thriving throughout the year and the children continue to spend most of their lime
especially in the summer, in the grounds enjoying the freedom of the space enabling them to explore. build
dens, be creative with loose parts as well as the fun of the climbing wall. mud kitchen etc.
Page 2

Myrtle House Ltd 05152593
There are 137 children registered at the moment, at the moment less than last year.
The staff directly working with the children are 21. Last yearthere were 26
qualrfied and experienced childcare practitioners. plus cooks, cleaners, a caretaker and administratwe staff
that support the nursery. They work fvll and part time and are committed and dedicated at creating a fun
learning and caring environment for the children. Five stsff have moved on this last year, to work in new
environments to enhance their experiences in drfferent workplaGes, one has moved to a smaller nursery. ￿0
have moved into schools as teaching assistants. which are better for their families, one into the NHS dental
team and one has gone on to university to qualrfy as a paedeatric nurse.
Parents and professionals who vistl the nursery comment on the Caring ethos and the professional
qualifications of the staff. All of our staff are dedicated to developing their sknlls by attending tpining that is
provided by Flying Start, Earfy years(Estyn) Family infomation service, NDNA and Eaty Years Wales. This
all contribLrtes to the leaming environment for the children so they progress and develop.
There are four staff waiting to start their level 4 Childcare qualÉfication and staff doing a transition in
Playwork course and two members of staff a￿ on Welsh language courses.
Parents are clearly happy with the staff. we receive several cards when the children move on to school and
the parents are so grateful for the staffs input and the development of their children.
As a nursery, parents welcome the qualty of activities and range of experiences we provide so that chIld￿n
progress in their leaming and development.
Parents feel welcome in the nursery, most parents find the Facel)ook page, website and nursery not[￿bOard
very useful. The newsletter is printed as often as possible, monthly rf time allows, tt keeps parents informed
of events and themes and activrties the children do.
The children are given the opportunity to express their feelings on activities carried out in nursery and are
given the opportunty to share ideas and make decisions in the day-to￿aY routine. The stsff talk to the
children regularly and use 1..1. group discussion, free play. and focussed acttvtties to engage with their
ideas. Children often tslk to each other about nursery when they are playing outside or in the home comer.
Staff seek children's views and ideas throughoLrt a day's activrties, they listen to the children and that
informs and helps stsff with the ongoing planning.
The nursery continues to estsblish and strengthen its links with other professionals, e.g. wlleges. Flying
Start, Early years Link Teachers, SO￿31 workers. Educational Psychologists, Health visitors. Speech and
language therapists. head teachers, ALN support etc.
The professionals that visit the setting always compliment the space tK)th inside and out.
Some parerrts choose the nursery because of the menus we offer. The meals are well balanced and
nutritious.
We have a level 5 food hygiene rating.
The menus have been reviewed and are now a three-week cycle not four and the staff are really happy wtth
the changes.
Parents like to see the menu for the week displayed on the noticeboard.
As a nursery, we implement the highest levels of safety in all aspects of nursery life and rouline. Every day
we do a check of the premises, equipment and outside fa¢ilitie5, and record this on our'Health & Safety,
charts. All policies and risk assessments are in place and reviewed annually.
Fire extinguishers. electrical equipment and boilers are inspected annually by professional and qualtfied
staff, and ￿rtifICateS are displayed.
Insurance is in place i.e. public liability. employef s liabilty and building and contents insurance. When toys
or equipment break or become wom, they are replaced.
The doors are security coded - the codes known only to staff.
Staff are trained and certtficates updated in first aid, food hygiene and child protection. All staff have
enhanced disclosures and attend regular safeguarding training.
New stsff and students have an induction period where they are all trained in aspects of hea￿h & safety. As
part of the nursery rouiine activitses, focussed actrvrbes and ctrde time we teach the children about keeping
safe and playing safe.
During 1.1 stsff supervision times and staff meetings we talk about heatth & safety issues so that matters
a￿ dealt with quickly. Similarly, any ¢oncems from parents are deatt with immediately. From the
questionnaires, parents had no heath & safety issues wtthin the nursery.
New pa￿nIS and children are encouraged to do a rninimum of one or fvio settling in sessions to help
familiarise the child with their surroundings before starting.
The parents are happy wth the enrolment process to nursery. and value the time we give them in
reassurance and explaining nursery lrfe and routine. Parents are gwen time to read policies, complete foms
and ask questions. We have a prospectus and leaflets.
Several of the parents enjoy looking at the noticeboard with all the photos of activities. They find the nursery
newsletters good, most of the parents use the Nursery Facebook page to keep up to date with events
commenting that°IYs lovety to see what the children get up to."
Page 3

Myrtle House Ltd 05152593
"It's lovely to see how my son's day has been".
There is a smooth transition when the Under 2's move downstairs to the main nursery. A member of staff will
do a visit to the nursery with the child that is due to transition. The children are excited and transition w811,
they are ready to make this move and thoroughly enjoy their new environment.
Parents comment on how well their child settles and, they are grateful for the palien¢e of the staff, and their
advice during the settling in sessions. Parents comment on the atmosphere and ethos within the setting and
their expenen¢es and encouraging Comments are also reflected in the many cards we receive and verbal
feedback.
They are grateful for the flexibilty we offer in accommodating changes in shrft patterns and work
commitments, inciuding school pick-ups and the wrap around care.
The nursery has had another year of fun filled activities linked to themes, special occasions, calendar
interest days and community events, with an abundance of free play and focussed activities inside and
outside in the nursery grounds. The activities and photos appear on the parent noticeboard and in the
monthly newsletter. This is a valuable source of information for the parents. along with the nursery Facebook
page as the questionnaire suggests, and parents find these useful to see whal their child has been doing
and what they are eating etc. comments are made like"They are very helpful. and "We a￿ayS get a nice
note of what our son has been doing" and"They are well explained..
Parents also enjoy talking lo staff al the start or al the end of their Child's session. aboul their child's day.
Children participate in a variety of focussed and child led experiences.
We follow the curriculum for Wales for funded non maintained settings. We know that high quality early
education provision is essential to children's development.
Thè experiences, knowledge and skills nèeded for lifèlong leaming, begin in the early years.
The nursery is supported by funding from Flying Slart and Link Teacher training with several resources lo
enhance the children's learning and development. Staff plan focussed tasks and contribute to planning and
developing the Ghildren, also enhancing the environment. Within our themes and activities, we celebrate the
diversily of life within the nursery wrth many parents contributing to our themes with ideas, books and talks.
We welcome these contributions as a way of celebrating other cuttures and ènhancing children's ￿arnIng
experience.
Meetings are arranged with parents wher8 needed lo discuss any concems aboul their child's progress in
quiet and relaxed atmosphere.
At least once a term in the evening we meet as a whol8 team to discuss key chikjren, themes, plan new
initiatives and lo share information. The manager will also meet with staff throughout the week, and on a 1.1
basis monthly for supervisions,. all of which enhance the qualty of care and leaming for the children within
the nursery.
Staff carry out observations and complete progress trackers and reports at Christmas and in the summer or
when leaving. From the questionnaires parents find these very useful.
As a nursery we complete a Self-Assessment of se￿iCe Statement annually for CIW. It is important for us as
a nursery to reflect upon our practice regularly, so we continue to offer the highest quality of care and
education to the children in our care.
Slaff have key children who Ihey oversee and work wtlh. Parents appreciate having a key worker for their
child. although many feel they can approach any member of staff because the staff know all the Children
well. Staff help the children settle into nursery. carry out observations, help with the child's routine and they
can build relationships with the parents and families. Parents with communication difficulties le.g. deaf.
second language English} are ac￿mMOdated through text and ernail.
Staff continue to develop and achieve further professional qualifications.
All staff develop and refine their personal professional development through monthly 1.1 staff development
time.
They also attend training courses through Flying Start, Link Teacher Training, Children's Partnership and the
referral Scheme. The nursery manager attends childcare providers meetings and conferences where new
inilialives are discussed, and this also informs policy and practice within the nursery, with opportunitie5 to
network with other professionals.
As a nursery we value the opportunty to pursue a range of courses and training which enhan￿S the quality
experiences we provide in the nursery. Staff can request training that they would like in their staff
supeNision, annual appraisal and annual qualrty of care review.
We have an excellent range of resources and equipment. We receive funding and grants from sources such
as Flying Start and Link Teacher Training. Our toys and equipment are washed on regular basis and
maintained by Ihe staff. We always have a range of resources given to us from various courses we attend,
and we regularly examine our resources to ensure they meet the children's needs, and to plan for any
needing replacement.
Page 4

Myrtle House Ltd 05152593
Financial review
Policy on reserves
The Charity's policy is to keep a minimum in general funds to run the organisation for 6 months.
Funds in deficit
The funds are in defitit 2024 £144.529 (2023 £130.726)
Total income was £530,707. The charity has financial support from Elim Foursquare Gospel Alliance and Elim
Pentecostal Church and despite the current drfficults'es, the Church continues to offer its financial support.
statement of trustees. responsibilities
The trustees are responsible for preparing the annual report and the finanoal ststements in accordancE with
appli¢able law and United Kingdom Generally Accepted Accounting Practice.
Law applicable to chartties in England and Wales requires the trustees to prepare financtal statements for
each financial year which give a true and fair view of ¢hartty's financial activities during the year and of its
financial position at the end of the year. In preparing financial statements giving a true and fair view, the
trustees are required to-
select suitable accounting policies and then apply them consistently.
make judgements and estimates that are reasonable and prudent., and
prepare the finanaal statements on the going COn￿M basis unless it is inappropriate to presume that the
charty will continue in operation.
The trustees are responsible for keeping proper a￿oUnting records which disclose with reasonable accura
at any time the financial posttion ofthe charty and enable them to ensure that the financial statements comply
with the Chartties Act 2011. Trustees are also responsible for safeguarding the assets ofthe charity and hence
for tsking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees declare that they have approved the trustees. report above.
On behalf of the board
Signed:L..
Date:...
Print Name.
Page 5

Myrtle House Ltd 05152593
Myrtlè Houge Ltd 05152593
Ind•pend•nt ExAmln•V* R•port ¢0 th• Tr￿1••¥ ol Myrth Hou•• Lhnlt•d
I r•ptyt on the accc￿nts lor I￿ year ended 30 Se0￿tser 2024. W1￿h are set oul on ptyw 7 to 13.
As the ch•rtty'è t￿￿te•S you ale resp(mslt>l• for Ihe rrf th• Kcounts kn ￿er￿dIn￿ thè
r•q¥Jlr•m•nts ot th• Chaiitto• Act 2011 ￿ri.
I h￿0 eXarr￿ad your chwliy'8 *xx)unts r•4utrwJ undor 40ctt￿ 145 01 Iho Charltth 2011 Clh• kv).
145(Sllb) ol the 2011 *
that th@ ¥eounts do noi accord ￿th tho•• rnc4)rd8'. or
that Ihe account• do nol comtyy wllh the accounbng r04ulr•ff￿i• otth• *rt or
I hwe COrnFd8l•d my examinatliJn arHJ have no concwnB kn re8F*ci of the rnaltorn111 to {41 Ilsled and.
In conn•ctlon wlth foll(Y￿n9 ¢h• DIr￿t￿nI of th• Ch*ty C¢)ITun*•th I ho¥• found no rn•tt•rs that r•qulr•
dr•vAng to your attentlon.
Th• S¢iho
Th• Qu•y
8A31 3LN
Page 6

Myrtle House Ltd 05152593
forthe periDJ ended 30th September 2024
STATEMENT OF FINANCIAL ACTMTIES
stricted Re
Funds
Total F nds
Total Funds
tes
INCOME
Donations Grants & Legacies
Donations Income
Grants ￿l￿d - Un￿triCted
Grants Recei￿￿ - Restricted
29.C62
29,C62
Income from Operating Aclivities
Nursery Income
501.644
501,644
532,885
Investrnent Income
Bank Interest ReCeI￿d
Other Incoming ResoU￿e$
Other income
TOTAL INCOME
501,645
29.CE2
530 707
PEND
Costs of gentrnting Funds
Nursery Costs
13
523,250
16,059
539,310
567,012
G¢Mmance Costs:
Independenl Examination Fees
Book keeping and Accounting Fees
13
13
6CQ
4, 875
TOTAL EXPENDITURE
528,450
16.059
572,487
NET INCOME Before transfer5
43, 602
TransÈrs Betwn Funds
NEf INCOME After trdnder6
13,003
-13,803
•33,602
GainslLosses on Releluation of Fixed Assets
NEf MOVEMEwf IN FUNDS
-26,806
13.IXI3
-13,803
Total Funds Brought Forwdrd
-130,726
-130,726
-97, 124
Total Funds Carried Forwaftl
-157,532
13,003
-144,529
-130, 726
Page 7

Myrtle House Ltd 05152593
Unrestricted Restrictod
Fun
Funds
BAL4NGE SH
as al 30.9.24
tes
Totsl Funds
ts-Tan
Fixed Assets -Tangible
40.511
40.511
42, 359
Curre nt A850
Debtors & Prepayments
Loan5
Bank & Cash
7.298
7.298
13.959
12.617
19.915
13,CKJ3
13,fy)3
25.620
32,918
21,178
35, 137
Creditors & Accruals
Net Pay & Paye
Loans
65.655
29,606
25.350
65,655
29,606
25.350
43, 778
36, 663
22.250
120,610
120,610
102, 692
Nel Curront Assets
-100.695
13,C￿3
7,692
-67, 555
Total Asgets1oM Currnnt Liabiliti08
40.184
13,003
47.182
-25.196
c￿ditOrS Falling due after 1 year
Prowsions for Liabililigs & Charges
10
97,347
97.347
105.530
Total Net As8et8
-157.532
13.003
-144.S29
-130. 726
11
Funds 81fv
Net m0￿ment of fij
-130.728
.26.8C6
-130.7
-13.803
-97. 124
-33.602
13.C#J3
TOTAL FUNDS
-157.532
13.003
-144.629
-130 726
The chaTltable company is entttled to èxwnption frcm audit under Section 477 of the Companies Act 20C6 ralaling
lo small companies for year ending September 2024.
The mernbe￿ ha￿ not required charitable company to obtain an aL*Jit in accordance wth Section 476
of the Companies Act 20C6.
The director5 acknovAedge their responsibilities for complying wth the requirements of the Companies Act
wrth respect to accounting words and the preparation of accounts.
These accounts hake been PrePa￿d in accordance with the promsions applicable lo small ¢ompani8s
subj8cl to the small companies regim& arKI in a¢cordance with FRS102 SORP.
The financial statements were appro￿1 by the Board ofTrustees on .........
were signed on its behalf by..
.. And
Signed
W P J Chapman
- Print Name..
Page 8

Myrtle House Ltd 05152593
Notes to the financial statements
for the year ended 30th September 2024
1. Basis of preparntion
1.1. Basis of preparing the finanaal statements
The financial statements of the charttable company, which is a public benefft entity under FRS 102. have
been prepared in accordance wf(h the Chartties SORP {FRS 102) 'Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to tharities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January
2015),, Finan¢ial Reporknng Standard 102 'The FinanGial Reporting Standard applicable in the UK and
Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has tsken advantage of the following disclosure exemptions in preparing these financial
statements, as pennitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic
of Ireland,:
the requirements of Section 7 Statement of Cash Flows:
the requirement of Section 3 Financial Statement Presentstion paragraph 3.17{d);
the requirements of Section 11 Financial Instruments paragraphs 11.41 (b), 11.41 (c),
11.41 (e), 11.41 (n, 11.42, 11.44.11.45, 11.47, 11.48(a)(ii)1 , 11.48(a)(iv), 11.48(b) and
11.48(c)',
the requirements of Section 12 Other Financial Instruments paragraphs 12.28, 12.27.
12.29(a), 12.29(b) and 12.29A:
the requirement of Section 33 Related Paty Disclosure paragraph 33.7.
1.2. Change in Basis of Accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last
year.
1.3. Changes to previous Accounts
No Changes have been made to accounts for the previous years.
2. Accounting pollcles
The principal accounting policies are summarised below. The accounting policies have been applied
consistentty throughout the year.
2.1 Incoming ￿sOUrceS
All incoming resources are induded in the statement of financial activities when the charty is entitled to the
income and the amount can be quantified with reasonable accuracy.
2.2 ReSoUr￿S expended.
Expenditure is accounted for on an a¢cYuals basis and has been dassrfied under headings that aggregate all
costs related to the category. ￿ere costs cannot be directly attributed to particular headings, they have been
allocated to activities on a basis consistent with the use of reSoU￿s.
2.3 Tangible fixed assets and depreciation
Expenditure is capttalised rf the asset has a useffiJl lrfe of more than 1 year and its cost exceeds £250.
Tangible frxed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates
calculated to write off the cost less residual value of each asset over its expected useful life. on a straight-line
basis as follows:
Plant and Mathinery etc.
25°A on cost
Page 9

Myrtle House Ltd 05152593
2.4 Taxation
The charity is exempt from corporation tax on its charitable activities.
2.5 Fund accounting
Unrestricted funds can be used in accordan￿ with the charitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the charty.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
3. Incomlng resources from charitable activities
Activity
30.9.24
30.9.23
Nursery income
Nursery
Total
Grants received, included in the above. are as follows..
30.9.24
30.9.23
Other grants
Total
4. Net incomlnglloutgoingl resources
Net resources are staled after chargingl (crediting):
30.9.24
30.9.23
Depreciation - owned assets
19.625
16,486
S. Trustees, remunerallon and beneflts
There wère no Iruslees, remuneration or other beneffts for the year ended 30th September 2024 nor for the
year ended 30m September 2023
Trustees, expenses
Telephone expenses of £671.11 were reimbursed to Mrs Ellen Chapman.
6. Staff costs
30.9.24
30.9.23
Wages and salaries
409 316
431438
Totsl
Page 10

Myrtje House Ltd 051525g3
The average number of employees (fvll time equivalent) during the year was as follows:
30.9.24
30.9.23
Nursery staff
No employees re￿[Ved emoluments in eX￿sS of £60,Crf)O.
7. Tangible fixed assets
Plant &
Machinery
Etc.
Total
Assets
Cost
At 1 October 2023
Additions in Year
Disposals in Year
th
At 30 September 2024
144,836
17,776
144.838
17,776
162.612
162.612
Depreciallon
At 1. October 2023
Charge for year
Released on Disposal
th
At 30 September 2024
102,477
19,625
102,477
19,625
122,101
122,101
Net book Value
At 30 Septsmber 2024
Ih
At 30 September 2023
40,511
40,511
42,359
42,359
8. Debtors: Amounts falling due within one year
30.9.24
30.9.23
Debtors & prepayments
Total
9. Creditors: Amounts falling due within one year
30.9.24
30.9.23
Creditors and Accruals
Net Pay & PAYE
Loans
65,655
29,606
43,778
36,663
Total
Page11

yrtle House Ltd 05152593
10. Creditors: Amounts falling due after more than one year
30.9.24
30.9.23
Other Creditors
Total
105 530
11. Movement in fvnds
Net Movement
in funds
Transfer8
between fund8
At 1.10.23
30.9.24
Unrestricted fvnds
General Funds
(130,726)
(13.803)
(144,529)
Re8tri¢tsd funds
Grants
Total funds
113,8031
(144&zai
12. Related party dlsclosures
The company is a subsidiary of Elim Foursquare Gospel Alliance (EFGA), a charitable trust number 251549.
The bank overdraft is guaranteed by EFGA. The nursery 0￿upleS the premises of Uanelli Elim church and
pays rent.
Loan interest of £6,109 {2023 £6.575) was charged and £8,109 was paid during the year. The outstanding
loan to Elim Church was £97.347 as at 30th September 2024.
Page 12

13. Breakdown of Expenditu
Myrtle House Ltd 05152593
Costs of Running the Charity
30.9.24
30.9.23
Wages, Salaries & Associated Costs
Nursery consumables & hygiene
Rent. Rates, ￿ght & Heat
Administfdtion Costs
Repairs & Maintenance
Tra￿1 and subsistence
Training
Small tools & Equipment
Insurance
Bank Charges
Loan Interest
Professional & consultancy Fee5
Subscription and membership fees
Depreciation
Parent & Toddlers
Sundries
409.316
21,394
67.167
2,142
431,438
30,041
58,267
3.776
2,614
1,759
2,842
532
2,019
3,913
292
6,109
7.129
4,062
433
6.575
1.935
19,625
1,802
16,486
318
539,310
567.012
Govemance Costs
30.9.24
30.9.23
Independent Examination Fees
600
Accounting Fees
4.600
4,875
Page 13