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← Willow Nursery And Pre-School Limited

2024-09-30-accounts

WILLOW NURSERY AND PRE-SCHOOL LIMITED FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2024

Company Registration Number 5941901 Charity Number 1121726

1

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2024

CONTENTS PAGES
Trustees Annual Report 3 - 8
Independent examiner’s report to the members 9 – 10
Statement of financial activities (incorporating the Income and 11
Expenditure account)
Balance Sheet 12 - 13
Notes to the financial statements 14 - 20
The following pages do not form part of the financial statements
Detailed statement of financial activities 22

2

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT

YEAR ENDED 30 SEPTEMBER 2024

The Trustees have pleasure in presenting their report and the unaudited financial statements of the charitable company for the year ended 30 September 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Name Willow Nursery and Pre-School Limited Charity Registration Number 1121726 Company Registration Number 5941901 Registered Office Charlton Road Shepton Mallet Somerset BA4 5PG

THE TRUSTEES

The Trustees who served the charitable company during the period were as follows:

E Rogers (Chairman) Re-appointed 23 October 2024 J A Pyke (Treasurer) Re-appointed 23 October 2024 E Dukes Re-appointed 23 October 2024 L Palmer Appointed 23 October 2024 Harry Cree Appointed 23 October 2024

3

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT continued

YEAR ENDED 30 SEPTEMBER 2024

STRUCTURE, GOVERANCE AND MANAGEMENT

The Company was incorporated on 20 September 2006 and commenced trading on 1 May 2007. It was registered as a charity, number 1121726, on 27 November 2007.

Willow’s charitable objects are:

To enhance the development and education of children primarily under statutory school age by providing and/or assisting in the provision of childcare and educational services for the benefit of the community, in particular (without limitation) children of 0-5 years services in the area of Shepton Mallet.

It is the responsibility of the Trustees to ensure that Willow Nursery and Pre-School Limited complies with its aims and is managed correctly.

All Parents and Carers are invited prior to our AGM to stand for election to the Trustees. Places on the Board are also open to members of the wider community, if they wish to stand. We aim to encourage membership of the Board that is representative both of Parents and Carers, and the wider community, where this is of benefit to Willow Nursery and Pre-School Limited. (For Example, to provide access to professional expertise that is not available via the current Board, or to provide access to professional expertise that is not available via the current Board, or to provide linkages to other settings or businesses that could improve ways of working.)

Willow Nursery and Pre-School Limited is registered with Ofsted and receives funding from the Government for eligible 2, 3 & 4 year olds to attend part-time sessions. The County Council pay the charitable company directly, up to the maximum number of hours allocated to each funding period. We also work closely with Children’s Social Care and when possible keep one space free in each building to provide emergency childcare if requested.

Risk Assessment

The Trustees regularly review all types of risk and make contingencies for systematic risk. Operating risks that can be measured are controlled and monitored. In addition, the Trustees regularly review the risks to which children and staff within Willow Nursery and Pre-School Limited is exposed, to ensure that the systems are in place to mitigate exposure to those risks.

All members of Staff, Trustees, Students and Volunteers all have an enhanced DBS disclosure, we have accident and incident forms for children, staff and any adult on the premises, medication authorisation forms are filled in by parents prior to any medications being administered.

All parents sign a contract prior to their child starting which lists any medical/health problems, allergies/sensitivities, any regular medication, food intolerances/sensitivities or foods forbidden by religion of culture or special needs.

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT continued

YEAR ENDED 30 SEPTEMBER 2024

There are also sections for permission to take photographs (for use within the Nursery and our Website and local/national papers), walks within the local community, for staff to apply creams (i.e. sun cream and sudacrem) and for staff to change the child’s clothing.

The Parents also sign to authorise staff to seek medical treatment in their absence.

We have an incoming information book, in which parents inform us of any accidents etc. That the child may have had at home.

The Trustees are consulted on any expenditure, or any repairs to the building, that are not part of the day to day expenses needed to run the group. Signatories for the bank account are the Chair & Treasurer both signatures are required to authorise cheques.

OBJECTIVES AND ACTIVITIES

The charitable objects of Willow Nursery and Pre-School Limited are to enhance the development and education of Children primarily under statutory school age by providing and/or assisting in the provision of childcare and educational services for the benefit of the community, in particular (without limitation) children aged between 0- 5 years in the area of Shepton Mallet.

Our first objective is to provide a safe, stimulating environment for children attending Willow Nursery and PreSchool to grow and thrive.

We employ qualified staff to meet the Early Years Foundation Stage educational requirements, and we encourage all staff to identify training opportunities that ensure continuous professional development. The Trustees assesses training requests regularly and approves almost all requests for training.

Willow Nursery and Pre-School Limited also offer work placements for appropriate students working towards a Childcare qualification. We currently have one work placement student.

Our second objective is to provide affordable, high quality childcare. All staff with key children hold or are working towards early years’ foundation stage.

Costs and suppliers are reviewed to identify savings, and savings are either re-invested to maintain and improve the quality of learning and play equipment, saved for our building fund or used to off-set fee increases.

Public Benefit

In shaping our objectives for the year and planning our activities the Trustees have considered the Charity Commission’s guidance on public benefit.

We reserve a space for emergency placements. These places are usually subsidised by the County Council. We review our fees annually and only increase them if necessary.

5

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT continued

YEAR ENDED 30 SEPTEMBER 2024

ACHIEVEMENTS AND PERFORMANCE

We have maintained working conditions for staff through:

This year we raised a total of £2,849 (2023 £3,282).

We continue to hold strong governance and Trustees – staff relations following the AGM in October 2024, by:

FINANCIAL REVIEW

The charitable company has seen an increase in increase in resources to £387,392, from £241,558. This is largely from a donation of £100,000, which is a restricted fund towards the new build costs. Even without this our fees have increased by £45,513. We still maintain to be the busiest Nursery in Shepton Mallet and have waiting lists or are full on most days for the 2025 Academic year. Changes in funding mean the majority of our fees our now from government funding which is having a huge impact on our ability to control incoming resources.

Resources expended have risen to £309,058 from £263,732 (2023). This is evident from the increase of £44,962 in staff costs for the year. We have incurred additional costs with the planning and professional fees regarding the new site. Legal fees include £9,422 of costs for the new site. Despite the costs of the new build, overheads continue to rise.

We need to support this as we have little control over future resources, peoples attitudes to small fundraisers have changed, so in April 2025, we employed a fundraising officer, whose primary role is to seek funding and donations to support overhead costs and to help secure funding for the new build.

Ms Dukes and Mrs Pykes have prepared an extensive 2025 budget where we have an achievable plan to increase numbers of children to allow for increased wages and utilities in the coming years.

POLICY ON RESERVES

The charitable company aims to maintain free reserves that are available for its general purposes, i.e. those funds that are not restricted, designated or otherwise committed, at a level that is reasonably likely to facilitate sustainability of its activities over the ensuring 12 months.

In May 2019 Willow purchased a large plot and building to move into once we have approved planning and developed the site will be used for the nursery and pre-school. This purchase has resulted in the large surplus of reserves being used as the deposit for the purchase. In August 2023 we sold the house and cleared the mortgage, but retained the land to build a purpose built modular property. We are are now in connection with our Landlords, to try and secure a long term lease to explore replacing the buildings on our current site. Correspondence executed in May 24 seemed positive but is now being held up with solicitors and the department for education.

6

WILLOW NURSERY AND PRE-SCHOOL LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT continued

YEAR ENDED 30 SEPTEMBER 2024

PLANS FOR FUTURE PERIODS

The Trustees, elected in October 2024, are in the process of setting a clear future direction for Willow Nursery and Pre-School Limited, that will ensure that the charitable company is, and continues to be, a going concern, and that it is well run and delivering its charitable outcomes, as stipulated by the Charities Commission.

The Trustees have been made very aware that the need for early years child care around Shepton Mallet is great. County Council will not allow Willow to close as there is such a demand for early years childcare. Despite also removing the majority of the section 106 monies that were promised to us to help support our new build.

RESPONSIBLITIES OF THE TRUSTEES

The Trustees (who are also the Directors of Willow Nursery and Pre-School Limited for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and the income and expenditure of the charitable company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

7

WILLOW NURSERY AND PRE-SCHOOL LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT continued

YEAR ENDED 30 SEPTEMBER 2024

INDEPENDENT EXAMINER

Mr R Pyke of R & J Business Solutions Ltd has been appointed as independent examiner for the ensuing year.

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Registered Office: Charlton Road Shepton Mallet Somerset BA4 5PG

----- Start of picture text -----
Signed on behalf of Trustees:
E Rogers J A Pyke
E Rogers J Pyke
Chairman Treasurer
Date: 09/06/2025
----- End of picture text -----

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WILLOW NURSERY AND PRE-SCHOOL LIMITED

COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF WILLOW NURSERY AND PRE-SCHOOL LIMITED

YEAR ENDED 30 SEPTEMBER 2024

I report on the accounts of the charitable company for the year ended 30 September 2024 set out on pages 11 to 18.

RESPECTIVE RESPONSIBLITIES OF TRUESTEES AND INDEPENDENT EXAMINER

The charitable company’s Trustees (who are also the directors of Willow Nursery and Pre-School Limited for the purposes of company law) are responsible for the preparation of the accounts. The charitable company’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charitable company is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

have not been met, or

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WILLOW NURSERY AND PRE-SCHOOL LIMITED

COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF WILLOW NURSERY AND PRE-SCHOOL LIMITED continued

YEAR ENDED 30 SEPTEMBER 2024

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr Robert Pyke AFA MIPA R & J Business Solutions North Street Langport TA10 9RL

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 30 SEPTEMBER 2024

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2024 2023
£ £ £ £
Note
INCOMING RESOURCES
Incoming resources from 2 284,580 100,000 384,580 239,500
charitable activities
Investment income 2,812 -
 2,812 2,058
TOTAL INCOMING RESOURCES 287,392 100,000 387,392 241,558
RESOURCES EXPENDED
Charitable activities 3/4
(299,926)		 (299,926) (253,249)
Governance costs 5 (9,132) (9,132) (10,483)
TOTAL RESOURCES EXPENDED (309,058) - (309,058) (263,732)
NET (OUTGOING) RESOURCES
FOR THE YEAR/NET
(EXPENDITURE) FOR THE YEAR (21,666) 100,000 78,334 (22,174)
RECONCILIATION OF FUNDS
Total funds brought forward 171.013 - 171,013 193,187
TOTAL FUNDS CARRIED
FORWARD
10		 149,347 100,000 249,347 171,013

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 15 to 20 form part of these financial statements.

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

BALANCE SHEET

YEAR ENDED 30 SEPTEMBER 2024

FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
Cash at bank and in hand
8
CREDITORS: Amounts falling due
within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
LONG TERM LIABILITIES
NET ASSETS
FUNDS
Unrestricted income funds
11
TOTAL FUNDS		 2024
£
59,886
18,073
283,389
301,462
(77,064)
224,398
284,284
34,937
249,347
249,347		 2023
£
58,844
17,758
197,911		 2023
£
58,844
17,758
197,911

215,669

(62,898)
152,771
211,615

40,602
171,013
40,602
171,013

The notes on pages 15 to 20 form part of these financial statements.

12

WILLOW NURSERY AND PRE-SCHOOL LIMITED

COMPANY LIMITED BY GUARANTEE

BALANCE SHEET continued

YEAR ENDED 30 SEPTEMBER 2024

The Trustees are satisfied that the charitable company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The Trustees acknowledge their responsibilities for:

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

These financial statements were approved by the members of the committee on the 07/02/2025 and are signed on their behalf by:

E Rogers J A Pyke

E Rogers (Chairman) J A PYKE (TREASURER)

Company Registration Number: 5941901

13

The notes on pages 15 to 20 form part of these financial statements.

14

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2024

1. ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice “Accounting and Reporting by Charities” in accordance with the financial reporting standard applicable in the UK (FRS 102) issued on 16 July 2014 and the Companies Act 2006, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Incoming Resources

Grant income is recognised in the period specified by the donor. Grants awarded for the performance of a charitable service or the production of charitable goods are recognised as incoming resources from charitable activities. Other grants received are recognised as voluntary income.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objects at the discretion of the Trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes, expenditure that meets these criteria is charged to the fund.

Resources Expended

Resources expended are recognised in the period they are incurred and include any attributable VAT which cannot be recovered.

Costs which are directly attributable to meting charitable objects are classified as provision of charitable services. These costs are directly allocated to activities.

Costs which are indirectly attributable to meeting charitable objectives are classified as support costs. Such support costs are allocated to activities based on an approximation of support staff time.

Costs associated with the general running of the charitable company which are not attributable to meeting charitable objects are classified as governance costs.

Fixed Assets

All fixed assets are initially recorded at cost.

15

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 30 SEPTEMBER 2024

1. ACCOUNTING POLICIES continued

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Property Improvements - 5% straight line
Equipment - 25% straight line
Fixtures & Fittings - 20% straight line
Computer Equipment - 1/3 straight line

2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2024 2023
£ £ £ £
Fees & SCC Grants 281,731 100,000 381,731 263,218
Other grants, sponsorship and
sundry income 2,849 0 2,849 3,282
284,580 100,000 384,580 239,500
COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2024 2023
£ £ £ £
Nursery and Pre-School Services 299,926 0 299,926 253,249
COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE
Nursery and Total Funds Total Funds
Pre-School 2024 2023
Costs £ £
£
Nursery and Pre-School Services 299,926 299,926 253,249

3. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE

4. COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE

16

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 30 SEPTEMBER 2024

5. NET INCOMING RESOURCES FOR THE YEAR

This is stated after charging:

This is stated after charging:
Depreciation
Independent Examiners fee
Governance Costs		 2024
£
2,093
660
9,132		 2023
£
1,290
660
10,483		 2023
£
1,290

6. STAFF COSTS AND EMOLUMENTS PARTICULARS OF EMPLOYEES

Total staff costs were as follows:

Wages & Salaries
Social Security Costs
Pension		 2024
£
233,495
8,921
6,051
248,467		 2023
£
188,533
5,464
2,339
196,336

Particulars of employees:

The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows:

2024 2023
No No
Number of direct staff 19 19

No employee received remuneration of more than £60,000 during the year (2022 - Nil).

17

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 30 SEPTEMBER 2024

7. TANGIBLE FIXED ASSETS

COST
At 1 October 2023
Additions
Disposals
At 30 September 2024
DEPRECIATION
At 1 October 2023
Charges for the year
At 30 September 2024
NET BOOK VALUE
At 30 September 2024
At 30 September 2023		 Freehold
Property
£
Property
Improvements
£
Equipment
£
50,000
5,580
7,302
50,000
5,580
7,302
Freehold
Property
£
Property
Improvements
£
Equipment
£
-
1,186
6,608
-
279
231
-
1,465
6,839
50,000
4,115
463
50,000
4,394
694

TANGIBLE FIXED ASSETS Cont

COST
At 1 October 2023
Additions
Disposals
At 30 September 2024
DEPRECIATION
At 1 October 2023
Charges for the year
At 30 September 2024
NET BOOK VALUE
At 30 September 2024
At 30 September 2023		 Fixtures &
Fittings
£
Computer
Equipment
£
Total
£
27,385
1,389
91,656
2,900
235
3,135
-
30,285
1,624
94,791
Fixtures &
Fittings
£
Computer
Equipment
£
Total
£
24,005
1,013
32,812
1,411
172
2093
25,416
1,185
34,905
4,869
439
59,886
3,380
376
58,844

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 30 SEPTEMBER 2024

8. DEBTORS

Trade debtors
Prepayments
PAYE and social security
Sundry debtors
REDITORS: Amounts falling due within one year
Trade creditors
PAYE
Pension
Wages control account
Accruals and deferred income		 2024
£
2,478
635
14,960
-
18,073
2024
£
267
-
-
-
76,797
77,064		 2023
£
2,192
606
14,960
2,532
17,759
2023
£
-
1,284
502
-
61,112
62,898

9. CREDITORS: Amounts falling due within one year

10. INCOME FUNDS

Balance at Incoming Outgoing Balance at
1 Oct 2023 Resources Resources 30 Sept 2024
£ £ £ £
General Funds 171,013 287,392 (309,058) 149,347
Restricted Funds 0 100,000 0 100,000
Total 171,013 387,392 (309,058) 249,347

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 30 SEPTEMBER 2024

11. ANALYSIS OF FUNDS

Tangible
Fixed
Assets
£
Unrestricted Income Funds
Restricted Income Funds
59,886
Total Funds
59,886		 Net
Current
Assets
£
Long Term
Liabilities
£
124,398
100,000
(34,937)
224,398
(34,937)		 Total
£
149,347
100,000
249,347

12. RELATED PARTY TRANSACTIONS

The charitable company was under the control of the Trustees throughout the current year.

It was agreed by the board on 23 October 2024 to continue to use annual accounts, bookkeeping and payroll services from R & J Business Solutions. Mrs. J Pyke (Treasurer) is a Director of this Company. During the period under review R & J Business Solutions received £9,792 (including VAT) for their services. (2023: £11,143 including VAT). R&J Business Solutions are heavily involved in Willow’s day to day running and prepared all information and forecasts regarding reports to apply for funding of the new site.

Mrs E Cross, was paid to help as relief which is separate from her duties as chairperson. During the year she received £11,826 (2023, £6,324) for her help and her Husband Mr W Cross received £140 (2023 £350) for repairs to the site.

COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee not having a share capital. The members who are also the Directors and Trustees undertake to contribute to the assets of the company in the event of it being wound up either whilst a member or within one year of their membership ceasing. The maximum contribution required from each member is £1.

20

WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

MANAGEMENT INFORMATION

YEAR ENDED 30 SEPTEMBER 2024

The following page does not form part of the statutory financial statements which are the subject of the independent examiner’s report on pages 9 to 10.

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WILLOW NURSERY AND PRE-SCHOOL LIMITED COMPANY LIMITED BY GUARANTEE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 30 SEPTEMBER 2024

INCOMING RESOURCES FROM CHARITABLE
ACTIVITES
Fees & SCC Grants
Investment income
Other Grants, sponsorship and sundry income
Donations

TOTAL INCOMING RESOURCES
RESOURCES EXPENDED ON CHARITBLE ACTIVITIES
Nursery and Pre-School Services
Purchases and Activities
Rent


Wages and Salaries

Employer’s NIC
Pension
Uniform
Children’s snacks

Rates and Water
Light and Heat
Repairs and Maintenance
Insurance
Accountancy, Audit and Bookkeeping
Legal and Professional Fees
Telephone
Office Expenses
Depreciation
Printing, Stationery and Postage
Staff Training
Laundry and Cleaning
Entertaining
Subscriptions
Bank Charges
Mortgage interest
Loan interest
Bad Debts
Profit on Disposal
Donation

TOTAL RESOURCES EXPENDED

NET OUTGOING RESOURCES FOR THE YEAR		 2024
£
281,731
2,812
2,849
100,000

387,392
2024
£
3,113
5,500


233,495
8,921
6,051
369
8,115

626
5,894

1,657
1,241
9,792
9,422
877
1,543
2,093
173
357
5,943
60


1,362

(68)
-
953
1,546
-
22

309,058

78,334		 2024
£
281,731
2,812
2,849
100,000

387,392
2024
£
3,113
5,500


233,495
8,921
6,051
369
8,115

626
5,894

1,657
1,241
9,792
9,422
877
1,543
2,093
173
357
5,943
60


1,362

(68)
-
953
1,546
-
22

309,058

78,334		 2023
£
236,218
2,058
3,282
241,558
2023
£
2,475
5,500
188,533
5,464
2,339
751
7,326
(2)
3,676
5,462
2,582
11,143
14,819
831
2,071
1,290
563
642
6,435
-
519
123
-
1,090
-
-
100
263,732
(22,174)














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