Registered number
05405743
APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Report and Accounts
Year ended 31 March 2024

APPLETREE CHILDCARE {SHEFFIELD) LIMITED
Report of the Trustees for the period ended 31 March 2023
The trustees are pleased to present their report together with the financial statements of the charity
for the period ended 31 March 2024.
Legal and administrative details
Charity number
1122241 {registered January 2008)
Company number
5405743
Principal address
The Pavilion
Main Streel
Grenoside
Sheffield
S35 8PR
Bankers
Co-operative
Balloon Street
Manchester
Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law
and throughout this report are collectively referred to as the Irustees.
The trustees serving during the period and since the period end were as follows..
Janet Parkin
John Guymer
Trevor Bagshaw
Vikki Kno￿eS
Lyndsey Herdman
Richard Elliott
Patricia Hudson
Amy Stanbridge
Objects and organisation
The objects of the charity are=
To advance the education of children and their families, resident predominantly but not exclusively
in the City of Sheffield, through the provision of day care and pre-school facilities for children,
which slimulates their gr0￿h and development through safe and stimulating play. In the interests
of social welfare, to promole and provide educational, training, support and recreational facilities
and other leisure time activities for such children and their families, so that their conditions of life
may be improved and so that unemployment amongst such families may be relieved.
The charity is managed by a voluntary management committee who are elected at the annual general
meeting. Staff are employed in the day to day running of the organisation.

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Report of the Trustees for the period ended 31 March 2024
A letree Childcare Review of Pro
ress and Achievements 2023-24
2023-24 has been a year of highs, with the Kings Coronation and the opening of our
new Blossoming Baby Room, which we have developed in the unused showers area
of the pavilion after taking over the lease for this space in 2023. We now have a lovely
spacious bright selling for babies from 3 monlhs to 2 years of age. We still rent space
for our Wrap Around Childcare Irom Grenoside Community Association, which is next
door to our nursery.
There have also been some challenging times due to high utility costs, National
Minimum Wage increases and a serious issue with our portable building roof. Overall,
we have managed to keep sustainable, cutting costs wherever we can, and we
continue to move forwards with a positive attitude.
Trustees
Our Board of Trustees continue to meet throughout the year to monitor and review
our practices, offering advice and support where required. We were delighted to
welcome o new Parent Trustee, Amy Stanbridge. Amy, a5 well as bringing a parent's
views to our board of Trustees, has a wealth of experience with regards to legal
matters and business skills, and has many contacts through her employment with
Henry Boot plc, a leading property development and building construction business.
Our Trustees all bring something different to our Board which benefits and improves
the services that we provide. During 2023-24 one of our Trustees was employed, and
another was connected to the charity. As allowed within the Charities M&A scope
and powers permitting directors, and connected persons, benefits all declaration of
directors, interests and conflicts of interests noted within the M&A were adhered to
and appropriately recorded.
A letree Childcare Staff
Workin
Practices
There are now 25 members of staff working within the Appletree team. Many of our
staff join Appletree without any childcare qualifications, as it is our aim to support
people who may have had barriers to work. All stall members who work with the
children underfake a minimum qualification of a NVQ 2 in Early Years Health and
Wellbeing qualification, or equivalent. Many have progressed to an NVQ 3. We also
have Room Managers and Executive Managers that work alongside our CEO. The
Exec and Management team have now taken over many responsibilities from our
CEO, who is the founder of Appletree, a5 she reduces her hours of work as she moves
towards retirement. The remainder of our team consist of 2 Apprentices working
towards their NVQ Qualifications and our wonderful housekeeping and caretaker
team.

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Report of the Trustees for the period ended 31 March 2024
Wa
e increase
Our Trustees again reviewed our staff wages, as the National Minimum Wage INMWI
went up for most of our staff by 9.71.. Our Trustees have worked hard to increase our
staff wages, moving them away from the NMW and implementing a wage scale Ihat
reflects the responsibilities and experience of our team.
Wilh careful planning we were able to maintain staff wages and from April 2023 all
staff wages were increased to coincide with the increase in NMW. Our charilies
strength is our stoff team, their proles5ionalism, skill, kindness and compassion.
We continue to use Bhayani HR & Employment Law Advisors, who support us with HR
needs to ensure we meet all our legal requirements.
Fundin
and Su
We continue to visit the IKEA warehouse when invited, through IKEA charities aid and
look fonNards to receiving an invitation to visit and see what resources they have to
donatel We were very fortunate to have our Charity chosen to receive a 'Wish List, of
wonderful new resources for our new baby room.
Alastair Norton of Norton Mayfield Architects continues to be a great support,
especially with the improvements to our baby room.
Solicitors DLA Piper hove continued to support us on a pro-bono basis with legal
advice when dealing with our lease with Sheffield City Council.
Buildin
Since agreeing the lease in 2012 on the Pavilion where we have our nursery, we have
continued to maintain and update our buildings both inside and out making them
bright and cheerful for our children and their families.
Sadly. the roof gave way on our much-loved portable building, which is used for our
2-year-old Braeburns children. We had to close this building and move the children
and staff out to keep them safe. This didn't stop us offering our services as we used
the Community Centre, and our local Church Hall so continue offering our services for
all our childrern. During the closure, fortunately, local residents came to our support.
David Bell, who has a wealth of knowledge regarding structural design and Mathew
Hague from Hague Roofing were able to repair the roof on the portable building so
that we could reopen in January 2024.
Lastly, it should be noted that we are still waiting for Sheffield City Council to invoice
the Charity for the water and gas they provide and which our Charity is expected to
pay for.
Finances
We have had a number of challenge5 this year but desplte these difficulties and with
careful planning we have managed to keep our Charity's costs covered and have
made a surplus in 2023-24

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Report of the Trustees for the period ended 31 March 2024
Reserve5 Polic
The reserves policy is to maintain free reserves in unrestricted funds at a level which
equates to three months of projected charitable expenditure. This will enable
sufficient time to seek alternative funding should existing funding cease and ensure
the continued operation of the charity.
The unrestricted reserve as at 31 st March 2024 is £123477 which the Trustees believe
falls short of the target amount but we continue lo progress towards our goal.

APPLETREE CHILDCARE {SHEFFIELD) LIMrrED
Report of the Trustees for the period ended 31 March 2023 - continued
Trustee's responsibilities ststement
The trustees (who are also directors for the purposes of company law) are responsible for preparing
the Trustees, Annual Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, Mthich
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial slalements-
prepare the financial slalements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that 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.
This report has been prepared in accordance wth the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 6 November 2024.
J Parkin
Direclor

Independent Examiner's Report to the Trustees of Appletree Childcare (Sheffield) Limited
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 7 to 13.
Respective responsibilities of trustees and examiner
The Irustees (who are also the directors of the company for Ihe purposes of company law) are responsible for the
preparation of the accounts. The trustees consider that an audit is nol required for this year under section 14412) of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded
£250,000 ané l am qualified to undertake the examination by being a qualified member of ICAEW.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to:
examine the accounts under section 145 of the 2011 Act.,
follow the procedures laid down in the general Direclions given by the Charity Commission under section
145(5){bl of the 2011 Act- and
stale whether parlicular malters have come to my attenlion.
Basis of independent examiner's report
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 Ihe charity 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 whelher the account5
present a "true and fair view" and Ihe report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination. no malter has come lo my attention..
which gives me reasonable cause to believe that. in any material respect, the requirements..
lo keep accounting records in accordance with section 386 of the Compani es Act 2006: and
lo prepare accounts which accord with Ihe accounting records, comply with the accounting
requiremenls of section 396 of the Companies Acl 2006 and with the methods and principles of the
Statement of Recommended Practice.. Accounting and Reporting by Charities
have not been met., or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Keith Hawson FCA
Walters Hawson Limited
Norham House
Mountenoy Road
Rotherham
S60 2AJ
Date: 6 November 2024

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Profit and Loss Account
for the year ended 31 March 2024
2024
2023
Turnover
460,664
386,157
Adminislrative expenses
Other operating income
{435,832)
(381,452)
Operating profit
24,832
4,705
Interest payable
(840)
(1,082)
Profit on ordinary activities before taxation
23,992
3,623
Tax on profit on ordinary activities
Profit for the financial year
23,992
3,623

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Statement of financial activities
for the year èndèd 31 March 2024
Unrestrieted Restricted
funds
funds
Total
2024
Total
2023
Notes
Income
Incoming from charitable activities
Grants
Fees
Olher income
Total Income
5,000
272,391
3,420
280,811
179,853
184,853
272,391
3,420
460,664
157,341
227,714
1,102
386,157
179,853
Expenditure
Consumables
Transport Gosts
Refreshments
Wages and salaries
Employers national insurance
Employers pension contributions
Staff training and welfarè
Travel and subsistence
Rent
Rates
Property refurbishmenl
Light and heal
Waste collection
Telephone and fax
Stationery and printing
Computer costs
Licences and subscriptions
Registration and inspection fees
Insurance
Repairs and maintenance
Equipment repairs
Depreciation
Outings and events
Sundry expenses
Equipment leasing
Accountancy fees
Reporting accountants fees
Legal and professional fees
Marketing
Bad debts
Loan inleresl
Total expenditure
9,275
40
4,320
148,676
11,852
4,979
1,581
151
15.573
837
12,292
9,975
3,702
3,738
1,651
4,059
804
9,275
40
4,320
328,529
11,852
4,979
1,581
151
15,573
837
12,292
9,975
3,702
3,738
1,651
4,059
804
8,463
3,914
284,994
8,778
4,405
1,014
116
13,906
179,853
17,400
3,287
3,437
3,916
1,042
3,113
889
1,027
1,755
4,850
1,344
1,937
6,539
1,475
3,418
805
258
738
13
2,580
3,333
310
1,068
840
256,819
1,937
6,539
1,475
3,418
805
258
738
1,772
238
478
600
2,090
5,096
2,092
1,436
1,082
382,534
2,580
3,333
310
1,068
840
436,672
179,853
Net in¢omel(expenditure)
Transfers
23,992
23,992
3,623
Fund balances brought forward
Fund balances carried forward
99,485
9,448
108,933
105,310
123,477
9,448
132,925
108,933

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Registered number:
05405743
Balance Sheet
As at 31 March 2024
Notes
2024
2023
Fixed assets
Intangible assets
Tangible assets
30,113
30,113
22,415
22,415
Current assets
Debtors
Cash at bank and in hand
13,692
131,062
144,754
11,563
119,426
130,989
Creditors: amounts falling due within one
year
8a
(23,728)
(16,200)
Net current assets
121,026
114,789
Total assets less current liabilities
151,139
137,204
Creditors: amounts falling due after more
than one year
8b
(18,214)
{28,271)
Provisions for liabilities
Net assets
132,925
108,933
Capital and reserves
Unrestricted income fund
Restricted income funds
123,477
9,448
99,485
9,448
Total charity funds
132,925
108,933
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit
under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respect to accounting records and the p￿paratiOn of accounts.
The accounts have been prepared and delivered in accordan￿ with the special provisions applicable to
companies subject to the small companies regime.
J Parkin
Director
Approved by the board on 6 November 2024

APPLETREE CHILDCARE {SHEFFIELD) LIMITED
Notes to the Accounts
for the year èndèd 31 March 2024
Aeeounting polieies
Basis of preparation
Appletree Chi14care (Sheffield) Limited is a charitable company limited by guarantee registered in
England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee
is limited to £1 per member of the charily. The address of the registered office is given in the charily
information on page 1 of these financial statements
The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements have been prepared in accordance with the 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 IFRS 102)) (issued in
October 2019)- (Charities SORP IFRS 1021), the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) and the Companies AGI 2006
Tumover
Donatlons and sundry Income are accounted for on a recelpts basls. Grant Income and fee Income are
accounted for on an accruals basis, insofar as it is prudent to do so.
Depreclatlon
Depreciation has been provided at the following rates in order to write off the assets over their estimated
useful lives.
Plant and machinery
Leasehold land and buildings
20 % reducing balance basis.
10°/0 reducing balance basis.
Goodwill is being wrilten off in equal instalments over its estimated useful life of 10 years.
Income recognition
Items of income are recognised and included in the accounts when all ofthe following crileria are met:
the charity has entitlemènt to the funds.,
any performance conditions attached to the item(s} of income have been met or a￿ fully within the
of the charity
- there is sufficient certainty that receipt of the income is considered probable., and
- the amount can be measured reliably
10

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Accounting policies - continued
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
Restricted funds relate to incoming resources where the monies are ring-fenced by the grantor to be
solely used for particular activities or projects.
The Charity receives funding from the Local authority for free early learning places and specific
support for children with special needs. This is included within restricted funds and, for clarity, is
regarded as being entirely spent by the allocation of payToII costs.
Where the Charity is able to secure any other grants which are for specific projects, that is shown as
restricted income and the related expenditure is directly allocated as restricted fund expenditure. No
support costs are allocated to restricted funds as the amounts involved would be negligible.
Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably.
For SORP accounts purposes, the Charity is regarded as having a single activity and simple affairs. In
view of that, expenditure is reported by its natural analysis, and no distinction is made between direct
expenditure, support expenditure and governance costs, all of which can be readily identified from the
detailed breakdown of costs provided.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include back office costs, finance, personnel, payroll and
govemance costs which support the Charitvs activities. As noted above, these costs are shown under
their natural analysis under unrestricted funds.
Grants and donations
2024
2023
Grants and donations received during the year were..
Restricted..
Sheffield City Council - Free early leaming fund
other charitable trusts
Sheffield City Council - Training funding
Sheffield City Council - Special needs grant
177,788
155,650
500
1,565
179,853
1.500
157,150
Unrestricted..
Grants- other
5,000
5,000
191
191
11

APPLETREE CHILDCARE {SHEFFIELD) LIMrrED
Notes to the Accounts
for the year ended 31 March 2024
Other income
2024
2023
Fund raising
Other income
Donations
2,666
754
1.029
73
3,420
1,102
Staff number and costs
No employees received emoluments in excess of £60,000 per year.
The average number of employees during the period was 25.
Intangible fixed assets
Goodwill:
2024
Cost
At 1 April 2023
At 31 March 2024
30,000
30,000
Amortisation
At 1 April 2023
Provided during the period
At 31 March 2024
30,000
30,000
Net book value
At 31 March 2024
At 31 March 2023
Tangible fixed assets
Leasehold
land and
buildings
Plant and
machinery
Total
Cost
At 1 April 2023
Additions
At 31 March 2024
24,862
11,112
35,974
7,370
32,232
11,112
43,344
7,370
Depreciation
At 1 April 2023
Charge for the period
At 31 March 2024
(3,087)
(3,289)
(6,376)
(6,726)
(129)
(6,855)
{9,813)
{3,418)
(13,231)
Net book value
At 31 March 2024
At 31 March 2023
29,598
21,775
515
644
30,113
22,419
12

APPLETREE CHILDCARE (SHEFFIELD) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Debtors
2024
2023
Trade debtors
Other debtors
7,306
6,386
13,692
5,449
6,114
11,563
8a Creditors: amounts falling due within one year
Bank loan
Trade creditors
Other taxes and social security costs
Other creditors
Accruals
10,056
4,474
987
9,808
2,527
1,016
2,849
16,200
8,211
23,728
8b Creditors: amounts falling after more than one year
Bank loan
18,214
18.214
28,271
28,271
Restricted funds
At
01104123
Incoming Outgoing
Resources Resources Transfers
At
31103124
Sheffield City Council - Free early learning
Sheffield City Council - Other
Grant- ECC re CCTV
Grant- Reach Fund
177,788
500
{177,788)
(500)
688
8.760
9.448
688
8,760
9,448
178,288
178,288
10 Other financial commitments
Total amount of commitments, guarantees and contingenGies is £303,500.
The above includes a lease which commenced on 21 May 2012 with a term of 40 years, and a supplemental
lease commencing in 2022 to the same date.
Rent is fixed at fair market value.
11 Trustee remuneration and other related party transaction
As permitted by the Charity's constitution, the charity employed trustees. or persons connected with a trustee,
within its settings and paid for their services accordingly. For the year ended 31 March 2024, the payToII costs
were as follows"
J Parkin
M Guymer
£22,904 Trustee and Chief Executive Officer
£25,979 A person who is a Related Party of a
trustee
No trustees were paid or expenses reimbursed for their work as trustees of the Charity.
13