Company registration Iiumber.. 05392562
Charity registration number.. 1110941
North Tynies Childcare Limited
(A company limiied by guarantee)
Annual Report alld Financial Statements
for the Year Ended 31 March 2023
ACCA
TYNEREDE
ACCOUNIANCY

North Tynies Childcare Limited
Contents
Reference and Administrative Details
Strategic Report
Twstees, Report
Statement of Trustees, Responsibilities
Independent Examiner'5 Report
Statement of Financial Activities
Balance Sheet
7t08
Notes to the Financial Statements
9t016

North Tynies Childcare Limited
Refer¢n¢¢ and Administrative D¢t#ils
Tru5t¢es
S J Batyjes
A Taylor
R C Moore
P Troop
C Hopkins
Secretary
Charity Registration Number
1110941
Company Regi5tratioTh Nu￿ber
05392562
The charity is incorporated in England and Wales.
Belliii¥han) SLI)001s Site
Redesniouth Road
Belliii¥han)
Hexham
Nortliumberland
NE48 ?EN
Prillcipal Office
Independent Examiner
TyneRede Accountancy Ltd
Lloyds Bank House
Bellingham
Hexham
Northumberland
NE48 2AZ
Ballkers
Unit), Trust Bank
Nine Brindle}. Place
4 Oozells Square
Bimingham
BI 2HB
Page I

North Tynies Childcare Limited
Strat¢gi¢ Report for the Year Ended 31 Mar¢h 2023
The trustees, who are directors for the purposes of company law. present their strategic report for the year ended
J l March 2023. in compliance with s414C of the Companies Act 2006.
Financial review
Puliry on reserve
Reserves are required to bridge the gap between spending and income to cary out emergei)cy repairs and other
expenditure. Upon the iiicepiioii of North Tynies C.hildcare Lid 'granis in advance, were awarded io address
I'uture shortfalls due to the unpredictsble nature of the business. The reserves have been ii)strumental in the
continuation of North Tynies Childcare Ltd thus providing financial stability to sustain the high-quality delivery
of services despite the current economic backdrop and our reliance on local demographics. We continue to apply
for grants to enable continuing repairs and renewals from local and national sources.
JMve.flmenÉpoliry and objerlives
Under the inemorandum and articles of association, the charity ha5 the power to make any investments which
trllstee5 see fit.
The strdtegic report was approved by the trustees of the charity on .
gnd signed on its behalf by..
S J Barnes
Trustee
Page 2

North Tynies Childcare Limited
Trust¢¢s' Report
The trustees. who are directors for the purposes of company law, present the aiinual report together with the
financial 5tatement5 of the charitable coinpany for the year ended 31 March 2023.
Objectives and activities
Objects aims
The objects of the Charity are..
a) To advance the education of the children and in particular those children below compulsory school age.
b) By the promotion and provision of day care facilities for such children which stimulate their growth and
development through play.
c) To advance the educatioi) and development of children from primarily within the North Tyne and Redesdale
area. in pafticular b}, the provision of a comprehensive childcare service offering facilities for safe and satisfying
play and to provide or tl) arrnnge for the provision of such ancillary, facilities and activities as are Clinsidered
necessary or desirable for the fulfilment of the objects.
Structure? governance and mallagement
Nalure ofgoverning documenl
The organisation is a charitable company limited by guarantee, incorporated on 15 March 2005 and registered as
a chariry on 15 March 2005. The company was estsblished under g Memorandum of Association, M,hich
established the objecis and powers of the chariiable company and is governed under it's Articles of Association.
In the event of the company being wound up members are required io contribute an amount not exceeding £1.
Recruilmenl uiid ffippoirtlmenl oftrustees
The Trngtees of North Tyiiies Childcare Ltd Inake up the Volui)tary Management Committee. The committee
eoinprises of school teachers, staff and childrei)'s parentsltarers.
North T￿leS Childeare Ltd may by ordinary resolution appoii)t a person who is willing to act to be a Trustee.
The annual report was approved by the trustees of the charity on .
and Signed oil its behalf by..
S J Barnes
Trustee
Page 3

North Tynies Childcare Limited
Statement of Trust¢¢s' Respon$ibilitie$
The trustees (who are a150 the directors of North Tynies Childcare Limited for the PUTP05es of company law) are
responsible for preparing the trustees, report and the financial statements iii accordai)ce with the United
KingdoTn Accouiiting Standards (United Kiiigdom Generallv Accepted Accounting Practice) and applicable law
and regiilations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law
the trustees musi not approve the financial siatements unless they are satisfied that the}, give a true and fair view
of the state of affairs of ihe chariiable company and of its incoming resources and application of resources.
including its income and expenditure, for that period. In preparing these financial statements. the trustees are
reqiiired to..
select suitable accounting policies and apply them con5lStently,'
observe the methods and principles in the Chariiies SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accountin¥ St<indard5 have been followed, subject to any material departure5
di5c105ed aiid explaiiied in the financial statement5; aiid
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
charitable company will coniinue in business.
The trustees are responsible for keeping adequate accoiinting records that are slltTicient to show and explaiii th¢
charitable company's transactions and disclose with reasonable acciiracy at any time the financial position of th¢
charitable company and enable them to ensure that the financial statements compl}, with the Compa]iies Act
2006. The}, are also responsible for safeguarding the assets of the charitable company and heiice for taking
reasonable steps for the preventioii and detection of fraud and other I￿egular1tIts.
Approved by the trustees of the charity on .
alld signed on its behalf by..
S J Barnes
Trustee
Page 4

North Tynies Childcare Limited
Independent Examiner's Report to the trustees of North Tyni¢s Child¢are Limited ("the
Company")
I report to the charity trllstees oil my examination of the accounts of the Cornpany for the year ended 31 March
2023.
Responsibilities and basis of report
As the charity'5 trllstees of the Company (and a150 Its directors for the PUTP05es of company law) you are
responsible for the preparation of the account5 in accordance with the requirement5 of the Cornpanies Act 2006
{'the 2006 Act,).
Havingl 5atj5fied inJ'5elf that the accoui)ts of North T)'nies Childcare Liniited are not required to be audited
under Part 16 of the 2006 Act and are eligible for independent examinatioii, I report iii respect of my
examination of your charitv's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011
Act,). In carrying out my examinatioi) I have followed the Directions given by the Charity Commission under
section 145(5Kb) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confim) that no matters have come to my attention in connection with the
examination giving Tne cause to believe..
accounting records were i)ot kept in respect of North Tymies Childcare Limited as required by section i86
of the 2006 Act.. or
2. the accounts do not accord with those records,. or
3. the account5 do not comply ￿'1th the accountiiig requirement5 of 5ectioii 396 of the 2006 Act Other than
any requiremeiit that the accounts ¥ive a 'true and fair view, which 15 not a Inatter considered a5 part of an
iiidependent examination., or
4. Ihe accounts have nlli been prepared in aecordanee wilh the meihods and principles of the Siatemeni of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of
Ireland {FRS 10211.
I have i)0 concems and have come across no other Inatters in connection with the examii)ation to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Gillie
FCCA
Llovds Bank House
Bellingham
Hexhain
Northuinberland
NE48 2AZ
Date..
Page 5

North Tynies Childcare Limited
Statement of Finaneial Attivities for the Year Ended 31 March 2023
(Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains
and Losses)
Total
2023
Unrestricted
Note
Income and Endowments fro￿.
Other trading activiiies
Investment income
207,658
1.046
207,658
1,046
Total Income
?08,704
208,704
Expenditure on..
Raising tunds
(?19,0171
{?19,017}
Total Expenditure
(?19.0171
(219.017}
Net expenditure
Traiisfers betw'een funds
(10,313)
6,183
(10,313}
6,18i
Reeoneiliation of funds
Total funds catried forward
15
(4,130)
14,130)
Total
2022
Unrestrieted
Note
Income and Endowments from:
Donations and le¥acies
Other trading activities
Investment income
10,945
218,184
61
10,945
218,184
61
Total IT]come
229,190
229,190
Expenditure on..
Raising tunds
(?10,2401
{?10,240}
Total Expenditure
(210,240)
(?10,240}
Net income
Trnnsfers between funds
18,950
(18,950}
18,950
(18,9f O}
R¢¢onciliation of funds
Total funds carried forward
All of the charity's activitie5 derive from continuing operations during the above two periods.
The funds breakdown for ?022 is showii in note 15.
The notes on pages 9 to 16 foTn) ali iiitegrnl part of these financial statements.
Page 6

North Tynies Childcare Limited
(Registration number: 05392562)
Balanee Sheel as at 31 Mareh 2023
2023
2022
Note
Fixed assets
Tangible assets
10
5,087
5,575
Current assets
Debtors
Cash at bank and in hand
29,619
123,13)
31,431
145,417
152,7)2
176,848
Creditors: Amounts falling due within one year
13
15,196)
(19,467}
Net current assets
147.556
157,381
Total assets less current liabilities
152,643
162,956
Creditors: Amounts falling due after more than one year
14
{156,773)
{162,956}
Net liabilities
14.1 ?0}
Funds of the Charity:
Unrestrieted income funds
Unrestricted
14,130}
Total funds
15
14.130}
For the financial year ending i l March 2023 the charity was entitled to exemption from audit ui)der section 477
of the Companies Act 2006 relating to small con)panies.
Directors. responsibilities..
The members have not required the charity to obtain an audit of its accounts for the year in qiiestion in
accordance with section 476 of the Companies Act 2006,. and
The directors acknoivledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companie5 regime.
The notes on pages 9 to 16 foTn) ali iiitegrdl part of these financial statements.
Page 7

North Tynies Childcare Limited
(Registration number: 05392562)
Balanee Sheel as at 31 Mareh 2023
The financial statements on pages 6 to 16 were approved by the trustees, and authL)rised for issue on
. and signed on their behalf by..
S J Barnes
Trustee
C Hopkins
Secretary
The notes on pages 9 to 16 foTn) ali iiitegrdl part of these financial statements.
Page 8

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Charity status
The charity is limited by guaralltee, incorporated iii England and Wales, and consequently does not hav¢ shar¢
capital. Each of the trustees is liable to contribiite an amount not exceeding £1 towards the assets of the charity
in the event of liquidation.
The address of its registered office is..
Bellingham Schools Site
Redesmouth Road
Bellingham
Hexham
Northumberland
NE48 2EN
2 Aeeounting policies
Sumrnary of significant accounting policies and key accounting estimates
The principal accouniing policies applied in the preparaiion of these financial s[a￿Men1S are sei out below.
These policies have been consisiently applied to all the years presented. unless oiherwise stated.
Statement of CO￿pIlanCe
The financial statements have been prepared in accordance with 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 1021) {issued in October 2019}
(Charities SORP IFRS 10))), the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland
{FRS 102) and the Companies Aci 2006.
Basis of preparation
North T}'nies Childcare Limitcd meets the defiiiition of a public benefit entity under FRS 102. Assets and
liabilities are initially. recogniscd at historical cost or transaction value unless Otherwise stated in the relevant
accounting policy notes.
Going eoneern
'[ lic trnstees consider that there are no material uncertainties abolit the charity's ability to continu¢ as a going
concem nor any significant areas of uncertainty that affect the catrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The cliarity. opted to earl J. adopt Biilletiii I piiblished on 2 February 2016 and have therefore not ii)cluded a cash
flow statement in these financial statements.
Income and endowments
All income is recog511ised once the charity has entitleineiit to the income. it is probable that the income will be
received and the amount of the income receivable can be inea5ured reliably.
Page 9

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Gramts receivftble
Grants are recognised when the charity has an entitlement to the funds and any condition5 linked to the grants
have been inet. Where perfotynance condition5 are attached to the gFrant aiid are yet to be tnet, the income 15
recogni5ed as a liability and included 011 the balance sheet as deferred income to be released.
Inveslnienl inconie
Dividends are recognised once the dividend has been declared and noiification h&s been received of the dividend
due.
Expenditure
All cxpcnditiir¢ is r￿Qgnised once there is a legal or constructive obligation to that ¢xp¢nditur¢, it is probable
settlemcnt is required and the amoiint can be measured reliably. All costs are allocated to the applicable
expenditure hcading that aggregaie similar costs to that ¢ategory. Where costs cannot be dire¢tl}' attribiited to
particular headiiig% they have been allocated on a basi% con%istent with the use of resoiirces, with Central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of th¢ asset's use.
Other support costs are all￿ated based oii th¢ spread of stsff costs.
Rai&lrtgftsiids
These are costs incurred iii attracting voluntary income. the management of investments and those incurred in
trading activities that raise fui)ds.
Support cost5
Support costs include central functions and have been allocated to activity cost categories on a basis consistent
with the use L)f resliurces, for example. allocating property costs by floor areas, or per capita, staff costs by the
time spent and other costs by Iheir usage.
Taxation
The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the defiiiition of a charitable company for UK corporation tax purposes. Accordingly, the
chariry is potentially exempt from taxatioii in respect of income or capitsl gains received within categories
covered by Chapier 3 Part I l of the Corporation Tax Act 2010 or Sectioii 256 of Ihe Taxation of Chargeable
Gains Act 1992, to the extellt that such income or gains are applied exclusively to charirable purposes.
Tangible fixed assets
Individual fixed assets costing £1 00.00 or more are initially recorded at cost.
Depreeiation and amortisation
Dtpreciatioii is provided 011 tangible fixed assets so as to WTite off the cost or valuation, less any estimated
residual value, over their expected usefi]l economic life as follows..
Asset elass
Office equipment
Le&sehold improvements
Externals
Depreeiation method and rate
150/0 reducing balance
l O % reducing balance
15 /0 reducing balance
Page 10

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Trade debtors
'[ radc dcbtor% ar¢ amounts due from customers for merchandise sold or services perfomi¢d in th¢ ordinary
¢ourse of biisin¢ss.
Trade debtors are recognised initially at th¢ transaction price. They ar¢ subsequently measured at amortised ¢ost
using the effectivc iiiterest method, less provision for impaimient. A provision for the impaimient of trade
debtors is established when there is objective evid¢nc¢ that thc charity M'ill not be able to Collert all amounts due
according to the origFinal tern]5 of the receivables.
Cash and cash equivalents
Cash and cash equivaleiits comprise cash on hand and call deposits, and other short-temi highly liquid
investmeiits that are readily convertible to a knowi amount of cash and are subject to an insignificant risk of
changFe in value.
Trade creditors
Trade credittsrs ale obligatioi)s to pay for goods 01 services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the Charity does i)ot have an
unconditional right. at the end of the ieptsrting peiiod, to defer settleinei)t of tl)e creditor for at least twelve
months after tht reporting date. If thert is an unconditional right to defer settlement for at least twelve n)onths
after the reporting date. they are prestnttd as non-currtnt liabilities.
Trade creditors are recognised initially at the transaetilin price and subsequently measured at amortised cost
using the effective interest method.
Fund structure
Unrestricied income funds are general funds that are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Restricted income funds are those donated for use in a panicular area or for specific purposes, the use of which
is restricted to that area or purpose.
Finaneial instruments
Cl&.f5Ific￿t1Q
Financial assets aiid financial liabilities are reco¥ni5ed when the charity becoines a party to the contractual
provisions of the instrutneiit.
Financial liabilities and equity instruineiits are classified according to the substance of the contractual
aTran¥enient5 entered into. Ali equity i115trument is any contract that evidence5 a residual interest in the assets of
the charity after deductiii¥ all of it5 liabilitie5.
Page 11

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
ReLognilion cndmeasuremenl
All financial assets and liabilities are iiiitially measured at transaction price (including transaction costs), except
for those financial assets classified as at fair value throuiwh profit or loss, which are initially inea511red at fair
value (which is Iiotinally the traiisactioii price ekcludiiig transaction cost5). unles5 the arrangement con5titute5 a
Iinancing transaction. If ali arrangement constitutes a finaiiLing transaction. the financial asset or financial
liability is measured at the present value of the future payments discounted at a market rate of iiiterest for a
similar debt instnjment.
Fiiiancial assets and liabilities are only offset in the stateinent of financial position when, and only when there
exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a
net basis. or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the
financial asset expire or are seitled, b) the charity transfers to another party substantiallv all of ihe risks and
rewards of ownership of the financial asset. or c) the charity. despite having retained some. but not all.
significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only ￿'hell the obligation specified in Ihe contract is discharged, cancelled
or expires.
3 Income from donations and legacies
Total
2023
Total
2022
Grants, including capital grants,.
Grants
10,945
10,945
4 Income from other Irading activitl¢S
Unrtstri¢ted
Total
2023
Total
2022
General
Tradin¥ iiicotne.
Childcare fees
2 3 4 fiindiiig
Subsidies and miwellaneous incom¢
SEN Funding
108,050
97,605
2,003
108,050
97,605
2,003
115,274
101,747
548
615
207,658
207,658
218,184
Page 12

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
5 Investment income
Unr¢5tricted
Total
2023
Total
2022
General
Interest receivgble alld similar income;
Interest receivable on bank deposits
1,046
1,046
61
6 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
Total
2023
Total
2022
General
Note
Subcontract cost
Accountan¢y fees
Staff costs
Staff NIC (Employers)
Stal'f peiisions (Defined contribution) pension
scheme
Trnining costs
Light: heat ai)d water
Geiieral iiisiirance
5,614
1.140
169,600
7,966
5,614
1,140
169,600
7,966
2.082
165,537
6,621
2,849
220
3,958
2,849
220
3,958
2,616
121
5,370
1.059
4,006
5,?13
1,229
7,884
1,394
2.523
142
Rcpairs and renewals
Office costs
Equipment and consumables
Catering
Sui)dry expei)ses
Cleaning
Motor expenses
Le£al and professional fees
Bank charges
Depreciation of fixtures and fittings
Depreciation of leasehold property
improvements
5.124
6,901
5,124
6,901
1,185
6,877
1,069
2,214
991
6,877
1.069
2,214
991
2,270
251
2,270
251
2,145
293
598
598
651
190
190
211
219,017
219,017
210,240
Page 13

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
7 Trustees remuneration and expenses
No truste¢s, nor any persons connected with them, have received any remuneration from the charity durillg th¢
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
8 Staff ¢051s
The monthly average number of persons {including senior managcment I leadership team) employed by the
charity. during the year expressed as full time equivalents ￿2S as follo￿'S..
2023
No
2022
No
Childcare Workers
Administration and Support
10
10
12
12
812022- 9) of the above employees participated in the Defined Contribiition Pension Schemes.
Contributions to the employee pension schemes for the year totalled £2,849 (2022 - £2,616).
No employee received ernolllments of more than £60,000 during the year.
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
Page 14

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
10 Tangible fixed assets
Externals and
Ibffice
equipment
Leasehold
improv¢ment5
Total
Cost
At l April 2022
Additions
11,997
9,195
21,192
300
At 31 March 2023
12.297
9,195
?1,492
Depreciation
At l April 2022
Char¥e for the year
8,309
598
7,308
190
15.617
788
At i l March 2023
8,907
7.498
16,405
Net book value
At i l March 2023
3,390
1,697
i,087
At i l March 2022
3,688
1,887
5,575
1 l Debtors
2023
2022
Trade debtors
Prepaynents
28,?8j
1.336
31,086
345
29,619
12 Ck)sh and eash equivalents
2023
2022
Cash on hand
Cash at bai)k
50
123,083
18
145,399
123,133
145,417
13 Creditors: amounts falling due within one year
2023
2022
Trade crediiors
Other taxation and S￿la] securiry
Other creditors
Accruals
1,574
15,768
970
3,310
731
5,196
19,467
Page 15

North Tynies Childcare Limited
Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023
14 Creditors: amounts falling due after one year
2023
2022
Accruals
Deferred income
6,183
156,77i
156,77)
156,773
16? 956
15 Funds
Incoming
resources
Resource5
expended
Balance at 31
March 2023
Transfers
Unrestricted
General
?08,704
{219,017)
6,183
14,130)
Page 16