Charlty reglstratlon nujnber 1122tr21 (England and Wales) THE CONSTABLE COUNTRY CHILDCARE . ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE CONSTABLE COUNfRY CHILDCARE LEGAL AND ADMINISTRATIVE INFORMATION Tntstees Dr Pavitt Hayley AIieriie James Harward number {Ensland and Wale8) 1122021 Reglgtered o£fice Unit 5 Riveyslde Business Centre Station Road Lawford, Marniii)stree COII IFI Auditor Streets Audit LLP c/0 The Old Exchange 64 West Stoek'well Street CoicliesteT E55ex COI IHE Banker8 Barclai'g Bank PIC Heart9 Delight Gaiden Centre Loiig Rd hlfinningkn'ee Coil 2EF
THE CONSTABLE COUNTRY CHILDCARE CONfENTS Trustees, report Statement of tsstee$, respffluibilities Independent auditor'8 repoit Stateiiieiit of finle1a1 acti14e9 Balance sheet io Statenient of iasli tIoN's .Noteg to the flnanciai statements 12-22
THE CONSTABLE COUNTRY CHILDCARE TRUSTEES, REPORT FOR THE IEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial strdtements for the year ended 31 Dmber ?024. Tlie fill7claI statements have been prepared in accordaiice with the accounting policies set out in note I to the financial statements and compl!T Wxtii the charity's governing docunient, the Charities Act 2011, FRS 102 "The Finanei8J Reporting Standard applicable in the UK and Republic of Ireland and the Charities SORP "Accounting d Reporting by Charities.. Statement of Recommended Practi applicable to charlties preparing Ilieir accowts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" ObJectAves and athvitles The Obiects of the Chariti, are: l. To proijide tiitt wessaiv £Acilitie5 for tlie daily carc, ryeation and education of cl]Udi'eii, dw'ing 5¢1iool hours, and out ul School how's and througliout liolida}s, in the villages of Braiitham and East Bergholt In the cuunh. of Suffolk, and iii surrouiidin& areas accessible to tlie facilities proiiided bi- the Charit}', includllig aliLI 5en.ing the surrounding areas of North F3sex, and South Sulfo]k. l. Tr'o adpance the educadon and trainiiig of the persons In the provision of such earè, education and recreatior1 facilities. l. To acliiei'e all vt tlie aknve within a CE1r1 Christian e.thos. Piiblii beiiL'fit riie5e activities are coiisidered to be for the public beiiefit lli ruiming the cli.[ty, the Trustees hale regard for tlie Qharity Cunim15sion guidance oli piiblic beiiefit. Appllctstéoff of liiroiiie All incoiiie received. Eroin wliam'er source. is applied lli full to the rw)ning of the charii?". aiii4 to ttie achievenient of tiie Cliarit) s aAIiis. The cliariti. seeks lo achieve its olijects bi. the efficient utilisation of the preniises ZLvailable t(1 uq, Trai)iins aiii4 inceiitiirisi118 StaFf to aid in staff retL*ntion aiid ensure that faniilies in our care receTI'e tlie highest qualih. of caji,. Ive do all tliat we caii to nieet the needs of tlie coiiitnuiiitt'es it Serves whilst also seekiiig additt'oiI preiiuses to expancl capaciti, as tiie COiTmiunih' coiitiiiuey to groK'. The charih.. holLI significant funds Ns M'e continue to soek opy)ortunities to aequire iw prenii5es lo expand our seri-iLe otfei'ins to the coiiiinuiitty. Tiie trustees liave eyplored scvcral site5 lli the vear with a vieiv to desismiiig and billlLllng a purpose-built facility. to boost cApacits,. The search is oiigoing but it 19 hoped that the accui)iulated resere$ will be sufticiait to coi'er the costs of acquisition, desi8n, construction aiid fitting Ollt a high quality setting wbi15t leavin,% sufticient funds to meet tlie ongoiiig needs of the cliarity and safeguard asainst any uiiforesewi enier8eiicies (such as a covid like epideniiL).
THE CONSTABLE COUNTRY CHILDCARE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and per£omance SIO1"clzt aLtiuikteS iiiid Qiliieiicnien15 ognii?sl obieL'tiz4p4 Tlie charikn, ha5 recoi'ded a Si1cant surplus of ¢637k P023.. £470k). This ha5 resulted In o st711Cant increase in cash resere5 anLI giveii the Ti'ustee5 and lanageMe1]t Conunittee the confidence to pursue tlieir plans to grow. the sert.ice offering Th'ithout fear tliat it may put other Settings at risk. The incoine Froin clritable actisyities ha5 iiicreasecl froin £1.7m in 20?3 to £2.lin reflecting the excellent service we pic?vide to the loclll communih" and an incLea5e lli the number of childi'eii, aiid farnilies, benefitting from our aitiTritie5. The cliaritv took out a leaso on LTnit 5 Riverside Busll?ess Centre duiing the year. Tl]i5 serwes tl]e chai'ityi as botli a head otlico and a traiiiiii8 meetiiig place for tlie staff. Several coui'ses have beeii held at tiie ceiih'e a11d tiie inanagenient team have bn vew!. pleaged with tlie new facillties. taft reeentioii reinai21s higli anLI this is a key ubjeLtive of the niLILiagenient teRni M,ho believe that the charitt. cali best iiieet its- qualitl.- seri.-icc obj¥ctiI-es b)- Iraii)ing and retatnin8 high quaiihi staft. Flnanclal revlew Tlie charityp remains iii a strong financial position ]d 1$ actively exploring oppo1.1]ItIeS to increase the bei*fits PTOI'ided to faiiulies in the local con7rnuiii witliout increasins incollie. This will e115ure tjiat tEie opei'atiii8 surplus Is ieduced in tUre peripLls12026 anLI be!onLI). Tlie gokeriimeiil h¢15 Inipleineiited ali exi)ansion of free chilLlcare wliich ha5 seen a Lleci'ea£ed reliaiice oli pareTEt fe¢s aiiLI ali inirease iii the iiuiiiber ot fuiiLleL4 liour5 faiiiilies CaLi t'eceive. Tliis change lias hacl a significaiit inipacl oli the ihai'its. .iiid is the pi'iniay!. ieason tror imil'eased rI]01.er in both the l'ear uiider I'ei-ieii. and the curreiil veal.. Thi increase iii aui. incDine 15 a 'eat op})orttiniti. fror us to increcise oui. IinfwiLled otferin8S to the comniiiiiitt. anLI ive reinaiii CDmiiiitted to exploring ii'as's to red.Jce tlie reciii'i'ing opeTÉlting sufpliis 1¢nd we M'ill puisue these opportunities itrhere eaii see that tiiei- are consisteLIt M'ith our charitsLble objects and provide beilefit to our coniniui)ities. Tlie cliai'iti. liolds LILlrestricteLI iiiiids os L?.2m as OF 31%1 Deceinber ?024 (2023.. £1.51111 aiid £1.7m (2023: EO.9ni} of èliesé al'è iiiirèsted iii loii- risk sai-iii8s accowits o£¥ei'tn8 conipètitive rthrib at miiiinial rtsk. {tLie vast iiiajoriii. are covei'ed b)t the FSC5 guaraiitee). It iy lioped that these fuiids cali be used Eoi. the rti]erance of cliarity's objects in 2-3 yeS. '%'171('4 puIi(iJ It Is tlie policlr of the cliaritt, that unre5ti'icted fuiids ivliicli liai'e not been desi&iated for a specific use .shoulL4 be niaintsiLied at a lei'el equiitaleiit to between SIK and hvelve nionth's expenditure. T1 trustees cunsider tiiat reseri-.es &t thxs leN'el Miill eiisure tliat, in tlie eFent otr a signiftcant di'op in funding, the3, wryll be able to coiittnue the charitt s CULYent activities wliile i0L1deratl0n is gii'en to Ivai's in ivliicli additional fund5 1)ia}' be iai5ed. This lei'el of reserves l1as been exceed tluougliout the !.'ear hoKiet'er tliis is pritnarili, due to Iiiieertaint!.- aroiind the funds iieeded for tlie antiiipated iiei%" setttng Trd the inaLiilitE- to desig)iate tuiids towaids tliis until SLILli tiii)e as a lable proposal 15 Put foi'ii ard and a Nryable costiiig obtained. Plans for futute perlods lil accoI'daiiie M'ith the chaiitl-'5 libitiO11 tu reduLe its rellanie on renteLI &CiOTLiiiiodation lalbeil beiiefiltin¢T Froni geiierou5 LliaritalThle di5couiIts'j tlie cliarit!- acquired tlie freehold of TIie 1115titiite, piop)ertTr the cliaTih' pre%ious11' leased trrom tlie PCC.
THE CONSTABLE COUNTRY CHILDCARE TRUSTEES, REPORT (CONTINUED) FOR IHE YEAR ENDED 31 DECEMBER 2024 Strncturei govvnan¢e and management The charity is unincorporated and run in accordance with ivs constitution as adopted on 21 Febrnary 2017. The trustees who setved duEing the year and up to the date of signature of the financial Statennts were: Dr Jane Pavitt Hayley Aherne ]ame5 Harward Michael O'Brien IRe8igned 17 December 2024) Recn4itfftent £mdAppoiff Iment of trnslees TnLStees are appointed in accordance with the Constitution. Some appointsnents are ex-officio. As vacancies for Trustees aIise applications are sought from potential candidates known to the Tntee$ and other suitable local people. App]icants are then consldered by the Trustees 7md appoinknents made by resolution of the Trustees and ratified at the At)nual meeting. New Trustees are brtefed by the Clerk and the existing Trustees oli the Eustory and activities of the Charity. They are provided with a copy of the Charity cOmn9$10n publication "The Essential Trustee, detsiling their responsibilities and providing guidance on being A Trustee. The new Trusts(s) islare provided with a copy of the Ch84rity Scheme and the iats&t audited accounts and nthutes. The day-to-day executive management of the Charity 18 delegated by Trustees to A Management Committee, comprtsing appropriately qualified individuals. The chairrnan of that committee is a Trustee, (during the Ye this was initially Michael O'Brien and subsequently Hayley Ahemel. The other member5 of the Management Comtnattee are appointed by the lThstee5. The Management Committee reports to the Board OF Trustees, and may co-opt other suitsbly qualified individuals from the to lirne as necessary Remunerlltion policy The pa! of the Group Manager is set by the Trustees in accordance with a histaric benchmarking process to ensure that remuneration reflects value for the charity and fair wages for the employee. Ollr mittters None of the trustee5 have any Ewiefiaal interest in the tharity other than those employment relationsliips discbsed in the notes to the accounts. There have beon no relatsd party transactioTLg beyond those disclosed Tn the appropriate note b) the accounts and the charity does not have close ties with any other charities or organisations. The trustees, report was approved by the B rd OE Trustees. Dr lane Pavitt Chatr of trustees 27 October 2025
THE CONSTABLE COUNTRY CHILDCARE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustee8 are responsLble for preparing the Trustees, Report tile financial statenients in accordan with appltcable law aiid United Kiiisdom Accouiiting Stsndards (UniLEd Kingdoni Generally Accepted .4ccounting Practice). The lam. applicable to charities in England aiid 'eS requires the triistees to prèpare financtal statements for each financial i'eai. whieli sive a true and foir leW of tlie state of affairs of the ciwlty and of the incoming resources }d applicatioii of Lesoui'ces 0£ tlie charity Eoi that year. tn preparing these fuianeid gt3tenients, the trllsfres are requlred to: - select suitable accouiithig policies and then oppl) them collsistcntly; - observe the Inetid5 and prlnciple5 iii tiie Charities SOiiP; niake jlidgements and estimates that are reasonable and prudent. Staee whedier applicable accounting St¢-IrdS hai'e [17 lollowed, subjeet to rnftteritil departure9 di8c105ed and explained in ttie ]Cial statements,. and - prepa the fiiwiicial statemei)ts on the going concern basis ule$S it i$ inappropriats to presume that the ch&rit5' M'ill continue in operation. Tlie trustees are i'esponsible fol IKeepliig sutficlent accoutiting reiOI'ds ttiat dlsc105e with reasonable accitrao.. at aiis, tiine the fiiiaiicial p05itioii ol tlie charitt- and eiiable theiii to eiisure that the financial stateiiients con)pl ).' with the Cliariiies .4ct 2011, tlie Cliaritt.- (.4cc01111ts and Reports) Regulatio1 ?008 8Jid the proTr isioi)s of the trust deed. T]ie!' are alsc) i'ebb)onsible IOT 5afeguardiiis ttie assets ot the thaiiti. aiid heiice for takin8 Tea5011able steps for the prevention ld detectioii of fraud aiid otlier irregulaTities.
THE CONSTABLE COUNTRY CHILDCARE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE CONSTABLE COUNTRY CHILDCARE Opinion Ive have audited the finoncial statemeiits of The Constable CouThtrF. Childcaie (the 'cliarihll For the Vear ended 31 Deceniber 2024 which eornprise the strteiliiÈ of fin]al actii'ities. the balance sli( the statemeiit OF cash tlows and notes to the kil1cIaL 5tstements, including si11f1canÈ accounting policies. Ttie Fintal reporting fi'amework tiwt has been applied in their piEpaKation is applicable laiy and UDlted Kingdoni Accountins Strdards. iiicluding Financial Reporting Standard 102 T1 FinfifrIci41 Rerorling Stuiidfird IwpliLublc In tIFL UK und Rcpublit of Irclimd (Uniied Kingdoni GeneTaUJ AccepteLq Accounling Practice). In our opinion, the (inancial statanents: gile a true and fair leW of tlie state of the chariiv'5 affair5 as at 31 Deceniber 20?4 and of its incoming resources aiid applic8tic)Ji of resources, for the irear tlieii enLled,. liave been propeTlI' pi'epareLq in accordance i¥'ith tiiiited Kiiisdc)m Generall}.- .4(c¥pd Accounting Pracace. Ive been prepared in accordance wttli the Charities Act 2], Ba6is for opinlon l.ve coiiduLteLI oiir audit lli accordLnce iiryth Inteniatioiial StaiiLlards on Auditing (UK) OSAS (UK)) kuid applicable law. Out re.9poiib1littes UiiLler those stanLlards are trurtIr described in the Aiidili?1 5 Itg1?oir4ibilitiC4 foi- t1, Iluilil of fiiiiltliiiil btfttL>117i'iil.< sectioii ofr our report. I,Ve al'e llidependent of the ¢haritt' iii accoi'Llaiice witli the ethical i'eqiiirenients tliat are i'eLei-ant to our ailLlit of tlie fin¥tncial stateineiits in tlie UK, including the FRC'S El.liical Standai'd, and li'e liai'e fulfilled oui. other etliical reSPOLisiLiilities in accoi'dance i¥'itli Ilie%e i'equirèiTLents. Ive belteve that tlie audit ei'ideiice lye liai-.e obtaineL4 is SLifficieiil appi'opriate to proiide a basis Eoi. our opiiiion. Conclusion5 relatlns to goins concern lii auditiiig the tiiiancial stateiiients, i*?e hae coiicluded tliat tlie trrustees, i15e of tlie goin8 ¢oiicerii basis of accovntiiis ui tlie preparation of the fiiiancial statenienL4 15 Appropiiate. Based on the ii'ork. il'e hai-e perfornied, M'e liai'e iiot identified anip material uncertainties i'elating to ekents or Loiiaitioiis thats indii'idualli- or collectLN'eli'. Iiiai. cast $i1ficant doubt on tlie charityr s abilLtI' tQ CQ11ti1)ue as a goi11g coiicei'n tor a period of at least tii?eli'e ii)onths froiii ii'heii the finaiicial stateiiieiits are aiithori5ed for issue. Oui. LespoEisibilikn"e5 aiid tlie i'esponsibilitie5 0£ tLie trusiees wiLii i'especl lo goiii8 coiicei'n 'e described iii tlie releiiaiit seLtioThs of this repoi't. Other Information The other iirforniatson ioniprises the informatioii incluiled in the i'eport other thali tile financial staleiiieiits iilq OLTrr auditor's report tjieieon. flie ts'ustees are ro5ponsiblL for the otlier inforniation contaiiied witliin tlie aiinual repiort. Oui. opinion on the ful]Cial statenients does not cover the other introriiiation and we do Llot express an}, form OF assui'ance conclusion tliereon. Our re8pon%iLillitS' is to read tlie other infoi'mation and, In doing so, consider 44Thether the other information is 111ateYiall!- inconsistent w'ith the £iiiancial statenieiits or oiir knoii'ledge obtained in thLS coiirse of tlie aiidiL or otllei'ii'ise appear5 to be iiiateriall!." niisstated. li iiE ideiitili, siich iiiaterial iiicoiisisteiicies or 8pparenl i1tel.1aI iiii551alenients, li'e are required to deteriiiine M-hethei. this gil'es rise to a iiiatei'ial nii5Statei)ieiit in tile financial stateinents dieinseli.-e.g. If. liased on tlie ii-oi'k M'e hai.-e 1'fO11lled, li'e conclude tiiat tlieie is a niaterial Inisstateiiieiit of this other inforiiiation, lite are requii'ed lo reporl t[t fact. Pve hai.-e iiothiiig to report lll this regard.
THE CONSTABLE COUNTRY CHILDCARE INDEPENDENT AUDrroR'S REPORT (CONTINUED} TO THE TRUSTEES OF THE CONSTABLE COUNTRY CHILDCARE matte on whlch we are tequired to report by exception Ive have nothing to iEport in respect of the following mattel's in relation to which the ChaTities {Accowits and Reporisl Regulations 21])8 requires us to report to if, in ouy opuiion.. the information given in the financial statenients is inconsisteTrt in any material respect with the trustees, report; or sutficient accouiiting records have notbeeii kepL' or the fiilancial statements are not in agreement witli the accounthig records; or we have not received all ti iiiforni&tion and explaiiatioiis we require for our audiL Re8ponsibilltle$ of trustees As explained inore fuUI' iii tlie stateiiieiit of trustees, re.%ponsibiiities. the tTUStees are responsibLe for tlie preparation of the financial statenients and for bein8 satisfied that the! give a true and fair iJieMF aiid for siich internal control as the trustees deteriiiine is necessarv to enable ttie preparation of financial 5taleineiits that are free froni material mtsslatenien( wliether due to fraud or error. In preparing the finaiicial statenient5, the trusteeg are responsible for assessing the cLiarit)y's abilit?. to coi)tiiiue as a going conceril d?sclosiii8, as applicable, niatters JElated to goii concern ajid u5uig tlie going COLicerii bilsis of ftccountins unless tlie trustees either intend to cease opeiations, or liai'e ?10 realistic alternatii'e but to do so. AuditOL'S responslblliiles for the audit of the finanelal statements l.ve liai.-e L)eeLi ab)poiiited as auLlitoi' under secticjii 144 01 the Charities Act 2011 and repoi in Accoi'dance with the Act aiid releaTht re8ulaiioiis niaLle oi. liavins effect thereiiiiLler. Our obje(tiNes are to oL)tain reasoiiable assui'ajice about wlietliei. tlie financial statenieLits as a wliole al'e free froiLI material niisstatenient, 14.hether due to trraud or error. and to issue an aiiditoi s report tliat ircludes our opinioii. Reasoiiable as511rance is a bigli lei-el of assur]ce but 55 liot a guarlIee tliat ali aiidit coiiducl'eLI iii aicckii4aRice Iw'itli ISAS (UK) ii-.ill alii'ai-s detect a i)iaterial inisstateinent ii.hen it exists. lli58tateiiieiit4 caii arise Froiii fraiicl oi. LJri'or aiid are considereLfl iiiatei'ial ik, llidii.-idu&2111' nr iii tiie a881'egate, tlieli could rea.soiiabli, be expected to influence tlic ecoiioiiiic decTsion5 of users takeii oli the ba515 of these financial statements. Mie extent to ii-hich OUL procedures aie capable ok detecti1 iiyegularities, includins Iraud, is detailed beloi%'.
THE CONSTABLE couKfRY CHILDCARE
INDEPENDENT AUDITOR'S REPORT (coivfINUED)
TO THE TRUSTEES OF THE CONSTABLE COUNTRY CHILDCARE
Tlie audit tests, iiicludiiig plaiIng proceduies, adopted for the audÉt of t[e financial statemeiits are desigiied to
asbess and detttt the risk of inegularities, including fraud. Our rrsk assessment of the likelihood of irregularities
incliided ttie high degree of involvement of the experienced directors, which reduces tb.e risk of irresularities.
In identifving ]d as5es5Tiig risks of material misstaternenl. in respect of ]rrL1[aritiQs, including fraud aT non-
conipliance kws and reguIatioib, our pi'ocedures ll1(1ded tlie followitig:
The engagenient partney ensured that the engagenient ten collectively had tJie appropriate comFtence,
capabilities and skills to identif), or ¥ecosnise non
THE CONSTABLE COUNTRY CHILDCARE INDEPENDENT AUDITOR'S REPORT (CONfINUED) TO THE TRUSTEE5 OF THE CONSTABLE COUNTRY CHILDCARE Additionall!, procediires undertaken to respond to die risk identified included., Financial stateiiiait disclosure5 Teviewed b}, testing Étems to supporting documentation to ensure conipIiance witTi relevant laws Ar regulations whicli wouLd haire a direct effect on the fii)ancial statements ial!*'cal procedlires were perfornied in order to ideiitity abnorinal relatioiiships betwe7 items wliich mav icate material misstatement due to fraud. lanagement were enquired of any knowledge concerning actual anLI potential litigation claims and UtanceS of iioii-conipliance lor the veal. beAiig aiidited. Because ot the AnLierent limitation5 of an audit there is a rlsk that Tryill iiot detect all iri'esulaiities, includin8 t1705e leading to a material niisstatemeiit in the financial stateinenls or non-conipliance M'ith regwlation. This risk iticreases the more that con1pliaiice Mrith o laiir OT regulation is retno¥ed from the eN-eiits aiid Iraiisactioiis reflected in the fiiiancial 5tstenients, a5 M'e will be less likelv to becvnie aiipare of instances OF non-c0nip1i1£e. Tlip. risk is also greatei. resa]'ding iiresularitt'es occurring due to fraud rather than error, as tlaud involve9 inteiitional Concea1nn¢ foi'gei).. collusion, omissioil oi, iiiisrepyesentation. A further de5criptioii ot Olir responslbllities is ai'ailable on the Flnanoal Reportins Council'q website atr. httys:// wTh'iv.frc.or8.uklaLlditOL51'espoiuibilities. This description form5 part of our auclitur's repttrt. Other matter9 Yolli. atteiihoii is di'amiii to ttie lact that the choLihp lia5 prepared ftiwicial stateinents lli accordance wlth Accountiiig aiid Reporti1i8 b!, Cliaribes., Statcuieiit of RecoiiiiiienLled Pr&ctice applicable to cliarits'es prepai'iiis tlieii. accoiints in accoi'danie Mlltli tlie Flliancial Repoj'ting StatlLlard api)licable in tlie UK ]Ll Republic of li'e5Iliid (FRS 10?) (as aniendeL4) in Frefei'enLe to the .4ccounting <ind ReporlAiis b!" Charities.. Statenieiit ol Recomiiieiided Practice issued on 1 .4pril 2005 ll'hicli is I'eferied to llTr die Lxtaiit re¥ulatiotis but lias iioil. beeii ii-. itlidTaiim. This lias been done in orLlei foi. the financial 5taterneiits to provide a iTue 8JLd faiy vieiv ui accordaiice 14Ylth cui'rent Generall}. Accepd.4C(Oli1TrnS Practice. Use of our report This repoi't is illade solel!" to the chariti-'s trusteps, as a bod!., in accordance with Part 4 of the Charities (Accounts and Reports) RegLilatiOLts ?008. Oui. auLlil ivork has beeii uiiilertaken 50 that M'e iiiiglit state to tiie ch•Yitit's trugtees thoso iiialters Ti'e are loquirod to state to tl)gm in an auclitor'5 rLJpoi't anLI for iio c)ther puj'pose. To the Fullest extent periiiitteLI bi, law, li'e ilo iiot accekit or as$uine i'esponsibilii)- to ]1,01 other the chaiity and the charity trustees as a bodi., for our audit Miork, foi. this rL oi't, oi. fctrr the opinions we Ive formed. Danlel In81ey BA FCA (Senior Statu ry Auditorl For aiid fxi belialE of Streets Aiidit LLP, SLaknton, Aiidilor Cliartered Accountants c/0 Tlie Old Exchan- 64 1.Ilest Stockivell Street Colchesler Essex ccn IFLE Skn'eets Audit LLP is eljff ible for appointsiient a5 auditor of tlie cliaritsr b! i'ire of its eligibiliti. for appoiiitt]ient as .iuditor of a compani, undei. 5ectioii l?12 ot the Companies .4ct ?6.
THE CONSTABLE COUNTRY CHILDCARE STATEMENT OF FINANCIAL ACTivrrIES INCLUDING INCOME AND EXPENDITLnlE ACCOUNT FOR TITE YEAR ENDED 31 DECEMBER 2024 Unre8trlcted Regtrlrted funds funds 2024 2024 Total Unre8tActed Restrirted funds funds 2023 Total 2024 2023 -Notss Income from: Chaiitsble activities tnvestments 1147,874 68,TJ5 1147,874 68,735 I,TJl,037 I,73.137 3954 Total Ancome ? ?16,609 2,216.609 1,770,581 1,770p81 Expendlture on: Charitsble activities I,574?0 5,5? 1579%4 1,295,4 5,524 1,300,94Q Total expenditure 1,57¥020 5,>24 1,579 1,295,425 5,524 1.300,949 i et iNonie/lexpenditurel and movement in funds 64? j89 15,524) 637,065 475,156 {5,524) 469.632 Retoncllfiatlon of funds: Fuiid balances at l Januar). 2024 4?,2(F4 Ip69,004 1.048,639 50.733 1,099,372 Fund balances at 31 December 2024 1166,384 39,6 12n6,n69 I,j?9,795 4j,?09 IH69.004 llie 5knteinent of finaiiiial actii-ities iiicludes &ll sains and1055es recogLiised in the i'ehr. All uicome aiid expeiidTttii'e derive froni coiitinuing actii'itie5.
THE CONSTABLE COUNTRY CHILDCARE BALANCE SHEET AS AT 31 DECEMBER 2024 2023 Notes Fixed a88Ct8 Tangible assets li 489,504 Cuzrent assetg Debtors Investtnents Cash at bank And in hand 13 14 lJ9,331 1,701146 170.082 134,747 940,927 395,798 1,991559 IA71,472 Creditor6: amovmts falUn8 due wlthin one year {274,994) P56031) Net ¢uttent asjets 1,716565 1,214,641 Total assets less current liabllitles 2,206,069 I,i69,004 The fund8 OE the tharlty Restiicted incomo funds Unrestricted funds 16 17 39,685 1166,384 1.523.795 2,206,069 1,569,004 The Anancial statements were pproved b the trugtees on 27 October 2025 Dr Jane Pavltt Chair of trustees
THE CONSTABLE couNrfRY CHILDCARE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Noteg Cash flowg from OpatIng activitles h geiierated fto]n operations 21 628280 527,749 Investing activities Purthase of tangible Eixed assets Proceeds from disposal of Inve9ttnents Imve5tnient Tncome received (lJ8,823j (761,219) 66,096 {940,927) Net cash used In investlns activitie$ (853,946) 1940,9271 Net cash generated from flnan£lng activlties Net de¢rease in cash and cayh equlvalents (225,716) (413,178} Cash and cash eLiuivalents èt beginning DI )'eqr 395,798 808,976 Cash la cash equlvalent8 at end of year 170,082 395,798 -li-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountins policie8 Charjtv information The Constable Country Cliildcare is a unincorporateLI charitv registered in England. 1.1 Accounting convention The filnCIal statements have been prepared lli ae¢ordance with the (harity 5 8oveniing aocumenL the Charities Act 2011, FRS 102 The Financial Reporting Stldrd applicable in the UK and Republic of Ireland and ti* aiarities SORP Accounting and Reporting b!, Charities: Stateinent ot RecoLMended Practice applicable to charitie5 pi'epartng their account5 iii accordanLE with tlie FinanLial fKeporting Stthdar(I applicable in the UK gjid Republic of lYeLaiid {FRS 10?)" Tlie elw1 is a Public Beiieftt Entsttr as defined b}. FRS 102. The financial gtatsnients have dePted fronTr the Charities (AccouThts' alid Reports) Re8ulation8 2fKI8 only to t1 ektsit requyed to pi'oiide a true and fair view. Tlits departure has iiivolved following thc Statenient of Recommended Practice foi charitse5 applying FRS IU2 rather than the veision of tlie Statement of Recoiiiiiiended 14'actice Ti.hicli is reterred lo in tlie Regulatioiis but whlch lias since been ivitlidrawii. The fiii&ncial 5tatenients al'p prepareLI in 51erliii8, which is the fiinctional cui'reiic!" of the chai'iti,. hlonelaT!' aniountS iii tliese finaLicial statejiieiits are rounded to tiie nearest L, The financial statements. liai.'e bee.ii prepared UiiLlei' the lii51orical cost convention.The PTincipal accounting pollcles adoFited are Set oiit belom.. 1.2 Going concern .4t the tirtie of approi.'iiig the 111(1a1 statemeiits, the trustees have a reasoiiable expectation that the charitt. Ius adeqLtate resouI'ce5 to continue in operational exi5tenLe for tlie fDI'eseeable futLira. Thus the trustees contiiiue to adopt the gouig concein basis ot accoiintirLS ill pi'eparing the filia1la1 statenients. 1.3 Charitable funds Lni'e5tricteil Eands are ai.iilable for U4e at the di5cI'etioii of tlie tru.stee5 in fiirtiiei'Aiice of theii. charitaL?le objectiTre5. Re5tricteLt funds are subj'ect to 5pecih'c conditions by doAioi's or grantors as to how th. Inas, be used. The purposes Aiid use5 OE tiie restricted funds al'e set out in LI notes kn the fi'nancial stateniaits, Endowment funds are subject to specific conditions bi. doiioi's that the capitftl inust be iiiaintained by the cliai'ity,, 1.4 Iiicome Inconie is I'ecogrn5ed ii,litin the cliarity.- is legall!. eTriitled to it after an}, performance condittons have been met, thp an70(t5 can be measured relial711', anil it 15 probable diat inconie will be ieceived. Casli dOIlI0115 are Tec0][sed oli i'eceipt. Other donations are reco&iised once tlie charity lias been notified Df the doiiatioii unless peTEorlliance conditioiis iequire deferr31 of the aiiiount. lncuine tax recoi'eiable ILI retation to donation5 receied iindei. Gifrt_4id or deeds of coi'enant IS Lecogni5ed at the timLJ of the do]iation. Legacies are i'ecogni5ed oli receipt Dr othenYi5e if the charitr ha5 been notified ot ali iiiipendiThg distrtbLItion: die ainount is k'iioM'Li, aiid receipt 15 eAb)ected. If the aLiiount IS Llot knoww the legaci. is th'eated as a contingeiit a55et.
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FANCIAL STATEMENTS (CONTINUED) FOR THE IEAR ENDED 31 DECEMBER 2024 Accounting pollcfies (Continued) 1.5 Expenditure Expenditui'e is reco8nised onL*. there is a legal or Lonstructive obligution tD transfer economic benefit to A third party, it is probable lllat a trk)nsfer oEeeonomic benefits will be required in settienienL and tlie amount of the obiigatioii can be nieasur¢d reliabli,. 1.6 Tanslble fixed assets Ta1sible fixed assets are initiall}. measiired at cost al subsequeiitl}' measured at cost or valuatiOTL net of depreciattoii aiid anlp Inipaiinient losses. Depreeiation is recognised so as to Trvrite off the cost or valuation of assets less tlieir Te$idual i'alues over 1r useful lives On the Eouowins ba5es.' F.Leehold land and buildiiigs Leaseliold land ]d buildings Fixture5 and fittiiigs .l.lotor ehIcleS IO% Straight Line Deprectate over the teiT(L of the lease 201Vo Straight Liiie 25°. Reduciiig Balance oi. .0 Straiglit Line Tiie gain or1059 lsing on the di5P05al of ali asset Is determined os the difference betsveeii the sale proceed5 aiid the carri'uig iralue ot the asset, and is recognised in the 5tEtteinent of FiliaLla1 actiiyities. 1.7 Impalnnelit of fixed a56ets -4t eacli reportiiig end date, the Lharih.- I'ei'ieii"s the carririiig aiiiouiits of Its taiigil)le assets to deteriiiiiie ii'lietlieL tliere is lIr indication tIiat those assets liai'e suffered an iiiipairiiieiit loss. It ani, such indicatioii exists, the recoveLable aJ]iount ot the asset is estiLiiated ILI oi'dei. to determine the exteiit of the ii))paiYiTLent loss lif an!,). 1.8 Financial Tnstturnent$ The cliarith. has elLYted to appli. tlie proi'i5ioiI.s of £eclioii 11 'Basic Finaiicial 1115trui)ieiits' Section 12 'OtheJ' FiiiaThcTal In5ts'uiiient5 15511e5' of FRS 102 to all of its fiiiancial ll15tnunents. Bagic finaiicial instrumenLs are initiail), recosnised aL. transaction value aiid .sub4equeTitI}T nieasui'ed at amortised cost. FinELncial a55ets coniprise cash at bank and in hand, together with trade &nLI other debtors, A specific pi'ovision is tnade for debts for M,hich recoiyerabilitti is in doubt. Cash at bgnk and in hid is defined as ajl cash held ui instanl access bank accounts and usa as working capitaL Ini'e5tments, iiicludins those lll Sltbsidiar}' undertak'ings are held at fail. t'alue at tlie balancL slieet date. w'itEL gains and losses beiiig recoyused frtrithin intorne and e.xpenditure. r4iiiancial lialx'lities held al amortised cost coniprise all creditor5 except social gecuritsT and otlier taxes, deferred llicome aiid provisioiis. 1.9 Employee bep.efit5 T1 co.4t of an!- uniiseLI liolidai- entitlemeiit 15 reCOli9ed lli the period in wliicli the eniplo!-ee'g seririces are i'eceii-ed. Teriiiiiiatioii beiiefits are i'eiosniseil ininiediately as an expei)se when the charits. is den)onstrabl!"- comn)itted to terininate the einplovnient of ali emiilo)Tee or to pi'opide teiniiiiatioLi benefits. 13-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Criticat ountIng estimates and jitdsements In the application of the charity's accountin8 policies, die trusiees are required to make judgements, estimates and aSSi1Pl1OnS about the carryuiLT aniount OF assets aiid liabilities that are iiot readily apparent from other sources. Tlie estimates and as51Jciatecl asstsinpb'orL5 are bAsed on IiTStorical experiwice &id other factors that are considered to be relevant. Actual results mav differ from these e5timate5. The estimAte5 and underlying assumptions are reviewed on 9n onsoins basis. Revision5 to accounting estimate5 are recognised in tlie period in wliich the estimate is revised wliere the revi5ioiI affects 71.. that peTiod, or in the pej'iod of ttie revision and futuJe perlods where the revision aflects both current ]d tuture periods. The charity. applies a prudent ap&iLoach to provisioiillig for doubtful del)ts. Each }Tear the cliarit}F Mrill make IOOOA bad debt proi'isioii in respect 0£ Lill balances tliat remain due Érom the prior accouiiting period, and will niake a 50% provisi7 against bhJ&nces that reniain oiitstandiiig after six niontI. Tliis policv reflects In72ge1nengS assessnient of tiie likelihood of recovery and ensures that the fiiiaiicial stateinents present realistic view of the charihr's financial p09ition. Income from charitable activitieB Unre51Cted funds 2024 Uiire8tricted funds Charitable Actlvity Service5 provlded under canti'act Performance related grants 1216,795 931n79 1.] 79,8Q4 i91,143 ? 147,874 'I,Tr1 1,0.17 Income from Inve8tment8 Untegtrieted Unregtrictea fund8 2024 Interest receivable .39544
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE ENDED 31 DECEMBER 9024 ExpeiidIte on charitable actlvities Charitable Activlty chitable ACt[ty Direet costs Statf costs Depreciatioii and impairnte11t Books & Equipment Ofsted & OtIr Meiiibership Fees Ren¢ Rates & Room Hire Premises Expenses & Repairs IVa5te Disposal UniEoriiis TraiT)ing F.lectrir.ih, & Gas Telei)lione Iwlaterials, Con5wnables & Food lotDI-iii& Trai-.eL & Outgoing5 liscellaiieous & Peth- Casli E%peLves -4di'ei'tising Statf l-e[taTe & Gifts Bad Debt I,1,020 13,683 26,604 4,486 I,OIXJ,689 24,91Q 24,052 4,380 22,78? 10,8'19 8226 2,146 2,020 6,81'1 3,658 40,506 5.794 70 48,9?4 4,284 102 4,696 519 91,910 18,OOU 1,407,679 1,182,465 Share of support and governance costs (see note 6) Goi-ernaiice In,865 118.484 L,579,544 1,300,Q49 Analysis by Eund L.nrestricted funds Restricted funds 1,574,0?0 5,524 1 ?95,425 5524 Lpi9,544 15-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Support C06ts allocated to activities Staff cogEs Investmeiit Fees Ivliscellaneous Admln Co$ts Professional Fees Postage & Statioiier Governance costs 14U.631 2,094 3,940 13.061 95,323 7,867 9,294 6,000 In.865 118,4 knaly$ed between: Cliaritable Actiirytt. In,865 118,484 Net movement in fuiids 2024 2023 The net nioi'ellient in fund5 15 stated aT charging/(creditin8)'. Fees pai'able for tlie auLlit L)f the ch.1T'S financial statemei7ts Depreeiatioii of omryied laiigible fixed a8seL5 9,360 23,681 è,000 24,91Q Tru5tee5 None of tiie trustees (oi. an!. per5onfj connected M'illi tlieiiil i'eceived aiii. remiineration oi ben¢lit5 from Ili charih- dui'iiig the l-ear. Ti'ilstees are iiot reiiiuiierated or paid expenses for actiiig as Trustees. As proi.'ided in tlie c011stition the Eollowins Trustees are emplo}'ed bi the Cliarityr in the roles showrL Haylei. Aherne - Group Leader Amount5 I'elating to reniuneratioii for these services are disclosed Mithin Kev fvlanagement Personnel. Employees The ai'erage montIl- nuinLiw' of eniplol'ees durins tlie l'ear was.. 2024 Number 2023 Number 67 'l6-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONfiNUED) FOR THE IEAR ENDED 31 DECEMBER 2024 Employees (Continued) Employment tosts 2023 W&ge5 and salaries 1 ?65,651 1,096,012 The nuiiiber of eniplol'ees wliose aiiThual remUlratiOn was more than £60,Otx) is as follows.. 2024 Number 2023 Nuniber £60,001 to £70,000 lo,7 to a?O,000 Remiineratlon of key management personnel Tlie reinLiiieratioii of kei, iiiaiiageiiieiil pei'5011nel was as follows.. 2024 2023 kl88resrlto coiiipensation 2?4,766 153,6S9 10 T8xation Tiie charit?- is exenipt Iroiii taxatioii uii its actii'its'es l)ecause all its iiicoine is applied for charithble piirpose5. 17-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Tangible Eixed assets Fteehold laffjdi*aseholdlaThd F£xtures andMotorvehxcle8 nd bttildlnsh buildinss Eittxn Tofal Cost At I lanuar), 2024 Additions Transferred to owiier51iip 431,118 3581 3,642 49.4 4PA.134 158,823 151,358 99,431 {99,431) At 31 Deceiiibei 20?4 250,789 335.510 7,223 49,435 642,957 Depreclation and inipairment At I lanuaT! 2024 Depi'eciation cliarged in the year Transferred ts) oFvnershiF 1,3 23,126 6,577 129,77? 23,681 15fi60 {59,746) 59.746 At 3.1 Decernlier ?0?4. 59.746 61,187 29,703 153,453 Carrying aOLt At 31 December 2024 191,043 274,31ry 4,406 19,732 489.504 At 31 DeceMll. 202 2,209 26,30 3j4 367 The freeliold properhT inclLILled iK"ithin fixed assets is lielL4 iii trust bi, Ilie. clui"iti"'s trustees 011 Liehalf of the charity.. Altliou8h legal tstLe is I'.ested in the truytees, the prnF?erh, Is l)eld to furtlier the cliarilable obILtille5 otr tlie orgaiiisatioii and 15 accounted foi. as ali asscl of the cliariti. li) accord311ce K'illi Ilie Cliai'ities SORP IFRS 1021. 2024 2023 Fi'eehold I,043 12 Financial instrnment5 2024 2013 Carrylng amount of tinancial assets Instruments measured at fair value through profit or Ioss 1,70?.146 940,9?7 18-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FANCIAL STATEMENTS (CO[NUED) FOR TFf£ YEAR ENDED 31 DECEMBER 2024 Debtors 2024 20 Amount5 fall due withln one ye. Trade debtors Other debtors 34,487 121A18 12.929 119,331 134,747 14 Current asset Investments 2024 unli.sted iiivestments 1,70? 146 940,927 15 Creditor8.' aniounts £alllng due wlihln one year 2(r24 2023 Ti'ade ci'editois Other creditors .4ccru<ils ¢ind deferred income 4.931 260,703 9,360 7,304 g43,5?7 ?7£994 256,831 16 Restticted funds Tlie i'estTiCtod funds ot tiio cliai'itt. Colp¥0 th• unoxpenL4ed balaiicas of doiiations aiid 8Lalil'5 lield on trust subiect to s&tyecific conditions by donors as to how the}. mav k used. At l January 2024 Resources expended At31 December 2024 Biiilduig Fuiid 45,209 {i,5241 39,685 PLeviotis year. At l January 2023 Resources expended At31 Deceniber 2023 ButlLling Fund 50.733 {i,5?41 45,?00 19-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FINANCIAL STATEMENfS (CONfINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Unrestsicted ndS The Ues1£tea fundg of tile charity coniprise the uiiexpeiided balances of donations ajid grants w.hich are notsubiect to specific conditions bs. donors and gralitors as to how they niav be used. These incliide desi&iated funLls M,liich liave been set aside oiit of unre5h'icted fund5 b}, tlie trustees for specific purposes. At l January 2024 Incoming tegource$ Resource5 expended At31 December 2024 New BuildTn8 Fuiid General fluids 639,314 884,4SI (8.851) (1,565,169) 610,463 1,535,921 2,216,609 1,517,795 2,216,6U9 I174,020) 2,166284 Previous year: At I lanuary 2023 Incomlng re90urces Re50wres expended At31 December 2023 Neis Bulldiiig Fund Gei*r&l funds 5?8,320 4¢XJ,3I9 90,000 1,680,581 19,006) (1,286,419) 619,314 884A81 1.048,639 1,770,581 (1995,4?)) l.i21,79i 18 Analy6is of net aBsets between funds Unre8trlcted funds 2024 Resttlcled funds 2024 'rotal .4t 31 December 2024,. Tl8]b]e a55ets CuiTeiit assets/ Iltabilities) 449Aig I,nti,565 39,685 489,504 I,n65 2,166,384 39,685 2,206,069 -20-
THE CONSTABLE COUNTRY CHILDCARE NOTES TO THE FANCIAL STATEMENTS (CONtINUED) FOR THE IEAR ENDED 31 DECEMBER 2024 18 Analysi5 0£ net assets between £unds Iconlinued) Unrestrltted funds 2023 Re8tri¢ted funds 2023 Total At 31 December 2023: Tangible assets Cun'ent assets/UialiiIities) 309,154 1,214.641 45,209 354863 1,214.64'L I23,75 45,209 1,569.or 19 Operatlns lease commltments Lessee At the i'eporlijig end date tiie cliaLLty' liad outstanding coittinitsnents for future ittinirtiiiiTh lease pai7ments under iion-caLic2llable operatiiig leases, Tr¥,hich Eall due a5 follom's: 2024 2023 Ivithin one l'ear Between aLid Eiite i'eai's In oiler fille iieai's 16,005 8.OlWJ f).QOO 49,952 IbJ)00
THE CONSTABLE couNfRY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR IHE IE4R ENDED 31 DECEMBER 2024 Related paty transactlons Tran8aotlong with Telated parties During the year the eharity entered into ihe followi1i8 transactions wryth related P"ties,. Remuneiation Other related partie5 97A21 66,189 97,421 66,189 21 Cash senerated from operatlon8 2024 Surplus for the l'ear 637,065 469,632 Adjustments £or: Investment inconie recognised in Statement of fin8ncial activitie5 Deprecialjon aitd impairmeiit ol" tangible fixed assets (68,73?) 23,683 24,919 ovements iii workins capital: Decrease/{iiicreasel iii debtors Iiicrease iii creditois 114,054 18,163 {42,224) Cash generated from operations 628,230 527,749 Analysis of chan5e$ in net fund5 The chaTih. had no iiiaterial debt dui'irk8 the yeai.