MOORE
Charity registration number 11119196
Company registration number 05304299 (England and Wales)
SQUIRRELS DAY NURSERY (CORBY) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

SQUIRRELS DAY NURSERY (CORBY) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C L riley
H Reid
Charity number
11119196
Company number
05304299
Registered office
Hazelwood Neighbourhood Centre
154 Gainsborough Road
Corby
Northamptonshire
NN18 OQF
Independent examiner
Moore
Oakley House
Headway Business Park
3 Saxon Way West
Corby
Northamptonshire
NN18 9EZ

SQUIRRELS DAY NURSERY (CORBY) LIMITED
CONTENTS
Page
Chaimian's statement
Trustee report
Independent examine¢s report
statement of financial activities
Balance sheet
Notes to the financial statements
7-14

SQUIRRELS DAY NURSERY (CORBY) LIMITED
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024 has again been a busy but also challenging year for the charity. The early years sector has nalionally been
hindered by a lack of qualified and experienced practitioners. This ongoing problem has meant that recruitment has
been very hard. The impact of this is that the nursery has not been able to run at its full capacity due to staff lo child
ralio regulations. This has had an impact on Ihe nursery's financial incomings. However, the charity is still
committed to continuing the recruitment program and will hopefully be successful as they have a waiting list of
families that are eager to have a place for their children at the nursery.
Chairnian
Date.. 13August 2025

SQUIRRELS DAY NURSERY (CORBY) LIMITED
TRUSTEE REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024.
The financial slatements have been prepared in accordance wilh the accounting policies set oul in nole 1 to the
financial statements and comply with the Companies Act 2006 and "Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporling Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019}.
Objectives and activities
The charity's main aim is to advan￿ the education and development of children under statutory school age., offer
appropriate learning experien￿$ and play faciif(ies- to ensure the nursery offers opportunilies for all children
whatever their race. culture, religion. means and abilty and encourage parents to become involved in the activities
of the nursery.
The trustees have considered the Charity Commission's guidance on public benefit. induding the guidan￿ 'public
benefit= running a charity (PB2)'.
Public benefit
The Iruslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
The company has buili on the achievement of becoming a registered charity following its development through the
Neighbourhood Nurseries Initiative. The nursery continues to focus on the developmenl of Ihe projecl to improve
Staff skills under the 'Every Child's a Talkerf programme and prornob'ng the v￿rk of the charity and the childcare
facilities offered.
The trustees feel that the charity has been successful in delivering its core fijnction of nursery provision and
reaching all areas of the community, in such a demanding year.
Financial review
The majority of funding continues to be derived from fees paid for nursery places. Total income from charitable
activities including milk subsidies amounts to £379.101 (2023 £370.784)- Salaries are the charities largest cost and
tolal employmenl costs including pension cost amounted to £331.615 (2023 £323.841).
General charitable overheads have been kept under dose review and have decreased to £52,347 {2023 £55,705).
There 15 a deficit for the year of £12,061 (2023 deficit £17.215).
During 2024 the trustees have introduced a rise in fees to balance out the rise in the outgoings. The finances will be
monitored closety and further price increases made as required.
Reserrfes
The charity holds general ￿selveS at the year*nd of £13,936 {2023 £25,997).
This is below the charity's objective to hold reserves of at least three months operating costs. The charity continues
to fomiulate a more structured reseNes policy and it is hoped thal this level can be brought back in line Ihrough
increased nursery places and potential grants and fund raising.

SQUIRRELS DAY NURSERY (CORBY) LIMITED
TRUSTEE REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, governance and management
Governing document
Squirrels Day Nursery {Corbyl Limited is a charitable company limf(ed by guarantee governed by its Memorandum
and Articles ofAssociation dated 3rd December 2004. It Is registered as a charity with the Charity Commission.
Anyone over Ihe age of 18 years can become a trustee or member of the company- currenlly there are three
members, each of whom agree to contribute £1 in the event of the charity winding up.
Recruitrnent and appointrnent of trustees
The current Iruslees have been recruited from employees holding management positions and directors. Recruitment
is adverlised internally for vacancies and approaches made to parents.
New truslees are given a copy of the Memorandum and Articles of Association together with the lalesl set of
financial accounts and instructed on the duties and responsibilities of a charity trustee. All current trustees are
familiar with the work of Squirrels Day Nursery (Corby) Limited as they are employees and directors.
Pay policy for senior staff
The board of trustees are responsible for the recruilment and setting pay policy. Pay and salaries are reviewed
annually by the board and are set with reference to govemment and local authority guidance as budgets permit.
The trustees, who are also the directors for the purpose of company law. and who seNed during the year and up to
the date of signature of the financial statements v￿re=
C L Tiley
K Y Blincowe
H Reid
(Resigned 28 February 2025)
The trustee report was approved by the Board of Trustees.
C L Tiley
Trustee
13 August 2025

SQUIRRELS DAY NURSERY (CORBY) LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SQUIRRELS DAY NURSERY (CORBY) LIMITED
We report lo the trustees on our examination of the finanoal statements of Squirrels Day Nursery (Corby) Limited
(the charity) for the year ended 31 De￿mber 2024.
Responsibilities and basis of report
As the trustees of the charity {and also its directors for the purposes of company law) you are responsible for the
preparation of the financial slatements in accordan￿ with the requiremenls of the Companies Act 2006 {the 2006
Act)-
Having satisfied ourselves that the financial statements of the charity are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, we report in respect of our examination of the charities
financial statements carried out under section 145 of the Charilie5 Act 2011 {the 2011 Act). In carrying out our
examination we have followed all the applicable Directions given by the Charity Commission under section
14515)Ib} of Ihe 2011 Act.
Independenl examinerfs ststement
We have completed our exarnination. We confirm that no matters have come to our attention in connection with the
examination giving us 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 2006 Act,. or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independenl examinalion., or
the financial statements have not been prepared in accordan￿ wrth the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 1021.
We have no concems 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.
ha MOORE
Dated.. 13 August 2025
Oakley House
Headway Business Park
3 Saxon Way West
Corby
Northamptonshire
NN18 9EZ

SQUIRRELS DAY NURSERY (CORBY) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income from:
Charitable activities
379.101
370,784
Total income
379.101
370,784
Expenditure on:
Raising funds
Charitable activities
113,722
277.440
113,263
274,736
Total expenditure
391.162
387,999
Net expenditure and movement in funds
112.0611
{17,215)
Reconciliation of funds-
Fund balances at 1 January 2024
25,997
43,212
Fund balances at 31 December 2024
13,936
25,997
The stalement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

SQUIRRELS DAY NURSERY (CORBY) LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
10
15,223
18,426
Current assets
Debtors
Cash at bank and in hand
11
3,852
2.898
5,546
8.895
6.750
14.441
Creditors: amounts falling due within
one year
12
(8.0371
{6.8701
Net current {liabilities)lassets
(1,287)
7.571
Total assets less current liabilities
13,936
25,997
The funds of the charity
Unrestricled funds
14
13,936
25,997
13,936
25,997
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 December 2024.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with
respect to accounting records and the p￿paratIOn of financial ststements.
The trustees have not required the company lo obtsin an audit of its financial statements for the year in queslion in
accordance with section 476.
These financial slatements have been prepared in accordance with the provisions applicable to companies subjecl
to the small companies regime.
The financial statements were approved by the trustees on 13 August 2025
C L Tiley
Trustee
Company registration number 05304299 {England and Wales)

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity infonnation
Squirrels Day Nursery {Corby} Lirnited is a private company limtted by guarantee incorporated in England and
Wales. The registered office is Hazelwood Neighbourhood Centre. 154 Gainsborough Road, Corby,
Northamptonshire, NN18 OQF.
1.1 Accounting convention
The financial statements have been prepared in accordance wilh the Companies Act 2006, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102") and Ihe Charities
SORP "Accounting and Reporting by Charities= Ststement 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)" (effeclive 1 January 20191. The charity is a Public Benefil 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 are prepared in sterling, which is the functional cU￿encY of the charity. Monetary
amounts in these financial stslements are rounded to the nearest £.
The financial stalements 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 adequale resources to continue in operational existence for the foreseeable fulure. Thus the Iruslees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charilable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific condtlions by donors that the capital musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legalty entitled to it after any perfomiance conditions have been met,
the amounts can be measured reliabty, and r( is probable that income will be received.
Income from trading activities indudes income eamed from fundraising events and trading activities to raise
funds for the charity-

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benefil lo a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity- The costs of each activty are made up of the total of direct costs and
shared cosls, including support cosls involved in undertaking each activity. Direct cosls attribulable to a single
activity are allocated directty to that activity. Shared costs which contribute to more than one activty and
support costs which are not attribulable to a single activty are apportioned belween those activities on a basis
consistenl with the use of resources. Cenlral slaff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the porbon of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are iniiialty measured at cost and subsequenty measured at cost or valuation, net of
depreualion and any impaimient losses.
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..
Leasehold land and buildings
Fixtures and fittings
Computers
4% straight line
20°/0 reducing balance
330/0 reducing balan
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the assel, and is recognised in the statemenl of financial activities.
1.7 Impaimient of fixed assets
At each reporting end dale, the chartty ￿￿ewS the carying amounts of its tangible assets to delemine
whether there is any indication that those assets have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimaled in order to delemine the extenl of the impairment
loss (rf any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-temi liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in currenl liabilities.
1.9 Financial instruments
The charity has elected to appty the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Inslrumenls Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balan￿ sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, wrth the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the ￿COgnised amounts and there is an inlenlion to settle on a nel
basis or to realise the asset and setde the liability simultaneousty.

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
Basic financial assets
Basic financial assels, which indude debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequentty carried al amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured al the present value of the future receipts discounted at a market rate of interesl. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value
of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within
one year are nol amortised.
Debt inslrumenls are subsequentty carried al amortised cost, using the effective interesl rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are dassified as currenl liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitls contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cosl of any unused holiday entttlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide temiination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due.
Nursery fees
2024
2023
Nursery fees
379,101
370,784

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Tradin
costs
Support costs
113,722
113,263
113,722
113,263
Charitable activities
2024
2023
Staff costs
Food costs
270,240
7,200
266,283
8,453
277,440
274,736
277,440
274,736
10-

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support Costs
Support Govemance
costs
costs
2024
Support Governance
costs
cosls
2023
Staff costs
Depreciation
Sundry expenses &
subscriptions
Advertising
Rent and rates
Light and heat
Cleaning
Bank charges
Insurance
Speech and language
therapist
Trips and aclivities
Toys and equipment
Athork materials
Accountancy fees
Legal and professional
Clothing
Telephone and postage
Repairs and renewals
Printing and stationery
Computer expenses
61.375
61.375
3,202
57.558
57,558
3,342
3.202
3,342
1.576
462
16.571
7,437
4.561
428
1.705
1.576
462
16.571
7.437
4.561
428
1.705
2,388
393
16,746
7,166
3,897
401
1,537
2,388
393
16,746
7,166
3,897
401
1,537
3.024
126
1.729
557
3.071
1,105
3.024
126
1.729
557
3.071
1,105
2,160
304
588
427
7,678
1,464
224
2,165
3,443
478
904
2,160
304
588
427
7,678
1,464
224
2,165
3,443
478
904
1,758
3.676
409
946
1,758
3.676
409
946
61.375
52.347
113.722
57,558
55,705
113,263
Analysed between
Trading
61,375
52,347
113,722
57,558
55,705
113,263
Net movement in funds
2024
2023
The net movement in funds is ststed after chargingl{crediting)=
Exchange losses
Fees payable for the independent exarnination of the charity's financial
slatemenls
Depreciation of owned tangible fixed asset5
Operating lease charges
462
393
3,071
3.202
1,576
7,678
3,342
2,388
11

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
C Tiley, K Blincowe and H Reid are related to the charity due to their position as Iruslees. During Ihe year the
trustees worked within the charity and received remuneration as follows..
C Tiley Iruslee and director £28,429 12023.. £26.772), K Blincowe trustee and direclor £26.998 (2023..
£25,345) and H Reid trustee £32,937 (2023 £30.911 >
Employees
The average monthly number of employees during the yearwas..
2024
Number
2023
Number
15
16
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
306,171
18,115
7,329
299,321
17,476
7,044
331,615
323,841
There were no employees whose annual remuneration was more than £60,000.
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12-

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Tangible fixed assets
Leasehold Flxtures and
land and
fSttlngs
bulldlngs
Computeys
Total
Cost
At 1 January 2024
71,595
22,517
5,077
99,189
At 31 December 2024
71,595
22,517
5,077
99,189
Depreciation and impairnient
At 1 January 2024
Deprecialion charged in the year
54,400
2,864
21,989
106
4,375
232
80,764
3,202
At 31 December 2024
57,264
22,095
4,607
83,966
Carrying amount
At 31 December 2024
14,331
422
470
15,223
At 31 December 2023
17,195
528
703
18,426
11
Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
1,797
2.055
1,123
4,423
3.852
5,546
12 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
4.052
493
60
3,432
3,103
501
60
3,206
8,037
6,870
13 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in respect of defined conthbution schemes
7,329
7,044
13-

SQUIRRELS DAY NURSERY (CORBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Retirement benefit schemes
(Continued)
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separatety from those of the charity in an independentty administered fund.
14 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances ofdonations and grants which are
not subjecl to specific condilions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 January
2024
Incorning
resources
Resources
expended
At31
December
2024
General funds
25.997
379,101
{391.1621
13,936
Previous year:
At 1 January
2023
Incoming
resources
Resources
expended
At31
December
2023
General funds
43.212
370,784
{387,9991
25,997
15 Related party transactions
There were no disclosable related party transactions during the year (2023 - none)-
14-

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