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← Little Elms

2025-03-31-accounts

For the year ended 31 March 2025

Notes

1. Principal accounting policies

The financial statements have been prepared under the historical cost convention (as modified by the revaluation of freehold properties to market value) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005, applicable accounting standards and the Charities Act 1993.

b) Fixed assets and depreciation

Tangible fixed assets, except for land and buildings, are stated at cost less, where applicable, amounts written off on a straight line basis.

Rates of depreciation:

Leaseh lease term Plant 20% Furnit 20% Compu 33%

Freehold land is not depreciated.

c) Income

Incoming resources are recognised in the year for which they are receivable.

d) Taxation

The charity has applied for charitable exemption under Section 505 of the Income and Corporation Taxes Act 1988.

e) Expenditure

Expenditure is included in the financial statements on an accruals basis.

e) Stock

Stock is valued at the lower of cost and net realisable value.

2. Grants, donations and other gifts

Grants, donations and other gifts receivable for the general purposes of the Charity are credited to unrestricted funds. Donations for purposes restricted by the wishes of the

donor are taken to restricted funds

3. Resources expended

Costs of generating funds comprise the costs associated with attracting voluntary income.

Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

  1. Part time staff numbers 21
Notes
Fixed Assets
Current Assets
Prepayments and accrued income
Creditors: amounts falling due within one year
Net current asssets (liabilities)
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Total net assets (liabilities)
Reserves
Proft/(Loss)
new reserves		 2025
£
21,397
125,595
8,933
(90,272)
44,256
65,653
0
65,653
65,653
7,340
65,652
(0)		 2024
£
21,397
25,286
14,284
(2,655)
36,915
58,312
0
58,312
58,312
32,503
58,312
0		 2023
£
20,397
13,416
13,992
(15,495)
11,912
32,309
(6,500)
25,809
25,809
8,644
51,680
25,871		 2022
£
30,928
4,772
15,194
(7,858)
12,108
43,036
0
43,036
43,036
(5,947)
(45,659)
(88,695)		 2021
2021
2020
£
£
£
30,718
30,718
30,506
10,718
97,232
76,739
97,232
10,718
5,640
0
(25,785)
0
107,950
82,165
82,379
138,668
112,883
112,885
(178,380)
(73,172)
(56,443)
(39,712)
39,712
56,442
(39,712)
39,712
56,442
Feb-23 Feb-24 Mar-25
Fixed Assets 20,397 21,397 21,397
Bank Balance 13,415 25,286 125,595 As per Bank Rec
Debtors 13,992 14,284 8,933
Creditors within 1 year (15,495) (2,655) (90,272)Includes £88k grant received
Creditors longer than 1 year (6,500) 0 0
P&L Reserve brought forward (43,036) (25,809) (58,313)B/F
P&L Current Year 17,227 (32,503) (7,340)P&L result
TB Balance (0) (0) 0
Food 2,956 5,962 P&L
Bank charges 324 234 P&L
HMRC (2,211) 19,507 P&L
Pension 652 7,988 P&L
Rent 6,833 16,872 P&L
Salaries 205,119 219,061 P&L
SENCO Equipment 3,357 4,620 P&L
Cleaning 1,163 2,055 P&L
Staf Training 1,562 7,269 P&L
Stationary/Room supplies 3,037 4,761 P&L
Sundry 13,481 19,858 P&L
Insurance 1,128 1,128 P&L
Utilities 11,988 8,259 P&L
Subscriptions 1,052 2,091 P&L
Grants (189,974) (162,216)P&L
Session fees (92,970) (164,789)P&L
P&L Result (32,503) (7,340)
Feb-23 Feb-24 Mar-25
Debtors
Due from Parents 13,992 14,284 8,933
Creditors
Rent Due (6,255) (1,920) (2,272)
Utilities (247) 0
HMRC (15,740) (488) 0
Deferred Income (88,000)Grant received
Total Creditors (21,995) (2,655) (90,272)
Notes
Tax paid June 23 (5,000) 0
Tax payable monthly until paid by Feb 24 (10,500) 0
(15,500) 0 all paid by end of Feb 24

Bank Rec Mar25

Bank Reconciliation 31.03.2025

Balance 01.03.24 £25,285.74
Payments 416,457.93
Receipts £415,004.98
Balance 31.03.25 £23,832.79
Building Fund account
Balance 01.03.24 £1,258.06
Payments £2,582.63
Receipts £96,092.99
Balance 31.03.25 £94,768.42
Instant Business Account
Balance 01.03.24 £1,443.66
Payments £5,000.00
Receipts £10,549.84
Balance 31.03.25 £6,993.50
Total bank accounts £125,594.71

Page 3

P&L Mar25

Profit and Loss 31.03.25

Bank Balance 01.03.24
Food
Bank charges
HMRC
Pension
Rent
Salaries
SENCO Equipment
Transfers
Cleaning
Staff Training
Stationary/Room supplies
Sundry
Insurance
Utilities
Subscriptions
Total
Grants
Session fees
Total
Bank Balance 31.03.25
Profit/Loss		 £ Income £ Expenditure £
25,285.74 5,961.63
234.00
19,506.96
7,987.74
16,872.34
219,060.98
4,619.90
88,000.00
2,055.34
7,268.76
4,760.66
28,651.28
1,128.12
8,258.98
2,091.24
162,215.56
252,789.42
416,457.93
415,004.98
23,832.79
-£1,452.95

Page 4

2025

Average number of employees during the period 21

2024 2023 2022 19 20 19

Little Elms Expenditure 01.03.2024-28.02.2025

Company Date Amount Training Rent Insurance
amazon 3/1/2024 £59.97
findel educate 3/4/2024 £819.58 819.58
showcase 01.03.24 £360.00
refund to KH 01.03.24 £119.40
lloyds bank 3/1/2024 £234.00
amazon 3/1/2024 £2,776.04
tesco 3/1/2024 £2,384.48
tesco 12/30/1899 £1,144.23
amazon 3/5/2024 £2,044.00
high speed 3/6/2024 £621.60 621.60
wages 31.03.25 £219,013.68
twinkl 12/5/2024 £107.88
argos 3/11/2024 £87.90
suffolk cc 3/11/2024 £5,643.64 5643.64
amazon 3/5/2024 £2,235.76
nest 3/1/2024 £7,987.74
tesco 3/12/2024 £1,552.03
tesco 3/1/2024 £448.71
msft annual 3/1/2024 £44.64
whatever happens 01/03/24 90.00
safe 01/03/24 100.00
closepremium 01/03/24 1,128.12 1128.12
spi design 01/03/24 480.00
indeed 21/03/24 694.98
uk safety 25/03/24 846.94
refund to KH 26/03/24 656.21
fds corp 26/03/24 59.95
wave 01.03.24 1,200.00
msdc bins 01.03.24 805.56
hmrc 01.03.24 5,150.00
thurston building 28.03.24 500.00
sufolk cc 02.04.24 11,228.70 11228.7
msdc council tax 02.04.24 1,426.78
hmrc 05/04/24 5,460.50
viking 15.04.24 1,336.28
refund dodds 16.04.24 34.00
zoonoeu 23.04.24 20.94
tiger supplies 02.05.24 96.83
notice board 03.05.24 335.97
hmrc 02.05.24 8,862.46
bt 07.05.24 1,908.16
pass functional 03.06.24 19.97 19.97
co op 20.05.24 21.48
palmers 20.05.24 21.40
sew cute 23.05.24 841.15
sunskips 24.05.24 686.00
wickes 24.05.24 104.85
vertas 29.05.24 90.00 90.00
mr e d mackay 29.05.24 165.00
prestige fowers 03.06.24 43.48
wickes 24.05.24 104.80
b andq 24.05.24 273.59
shade4u 24.06.24 449.61
gof 25.06.24 1,085.85
tonies 05.07.24 285.56
jo ryland 05.07.24 34.00
hf education 04.07.24 33.00 33.00
alexandra chiorano 04.07.24 150.00
gls 03.07.24 64.79
ups 28.06.24 159.88
coolmilk 15.07.24 130.82
edf 23.07.24 1,832.63
bestpractice 22.07.24 9.00 9.00
ucheck 02.08.24 312.50
smyths toys 06.08.24 141.97
da stevens 15.08.24 365.00
ebay 22.08.24 23.65
seated furniture 22.08.24 1,560.03
industracare 22.08.24 23.65
angel hotel 30.08.24 70.00
sensory direct 04.09.24 408.40
pplprs 23.09.24 130.82
elite 25.09.24 14.39 14.39
ndna 30.09.24 78.75
eyfs 02.10.24 288.00
training at work 30.09.24 391.20 391.20
moneysoft 18.10.24 206.40
currys 18.10.24 1,196.99
refund BR 30.10.24 33.99
wickes 25.10.24 174.50
mplc 18.11.24 253.38
national nursey 13.11.24 18.00
gompels 13.11.24 332.27
hope education 27.11.24 1,482.83 1,482.83
sp books 09.12.24 74.19
baker ross 09.12.24 151.11
screwfx 31.01.25 330.60
spottedpenguin 31.01.25 719.21
sunskips 29.01.25 343.00
time system 22.01.25 438.00
fenland leisure 09.01.25 83.20
stjohns amb 27.03.25 801.60 801.60
high speed 31.03.25 62.40 62.40
sunskips 28.03.25 373.86
gompels 28.03.25 1,002.27
special ed toys 08.01.25 513.99
Transfers 31.03.25 88,000.00
bloom boutique 14.01.25 41.20
pandora 05.03.25 80.99
asda 10.03.25 102.49
jigsaw 10.03.25 214.68
TTS 20.01.25 155.99
sp cannon 25.01.25 693.40
ofsted 25.01.25 220.00
frst mats 10.02.25 153.60
pre school learning 24.02.25 2,923.19 2,923.19
cpeck 13.02.25 9,739.32
d foyde 14.02.25 5,018.40
TOTALS
416,457.93 7,268.76 16,872.34 1,128.12
Food SEN Clean Subs Salary HMRC Sundry Station
59.97
360.00
119.40
346.52 2,429.52
2,384.48
1,144.23
543.27 1,093.89 406.84
219,013.68
107.88
87.90
682.49 1,261.64 291.63
1,552.03
448.71
44.64
90.00
100.00
480.00
694.98
846.94
656.21
59.95
5,150.00
500.00
5,460.50
86.00 1,250.28
34.00
20.94
96.83
335.97
8,862.46

21.48 21.40 841.15 686.00 104.85 165.00 43.48 104.80 273.59 449.61 285.56 34.00 150.00 64.79 159.88 130.82 312.50 141.97 365.00 23.65 1,560.03 23.65 70.00 408.40 130.82 78.75 288.00 206.40 1,196.99 33.99 174.50 253.38 18.00 332.27

74.19 151.11 330.60 719.21 343.00 438.00 83.20 373.86 1,002.27 513.99 88,000.00 41.20 80.99 102.49 214.68 155.99 693.40 220.00 153.60 9,739.32 5,018.40 5,961.63 4,619.90 2,055.34 2,091.24 219,060.98 19,506.96 116,651.28 4,760.66

Utilities Bank Pension
234.00
7987.74
1,200.00
805.56
1,426.78

1.908.16 1.085.85 1.832.63

8.258.98 234.00 7987.74

Receip Feb25

Little Elms Receipts 01.03.23-29.02.24

Company Date Total BACS Voucher Grant
fees 31.03.25 252789.42 252789.42
grants 31.03.25 161715.56 161715.56
bestpractice 25.11.24 500.00 500.00
415004.98 252789.42 0.00 162215.56

Page 16

Receip Feb25 JRS 0.00 Pa e17

For the year ended 28 February 2025

Notes

1. Principal accounting policies

The financial statements have been prepared under the historical cost convention (as modified by the revaluation of freehold properties to market value) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005, applicable accounting standards and the Charities Act 1993.

b) Fixed assets and depreciation

Tangible fixed assets, except for land and buildings, are stated at cost less, where applicable, amounts written off on a straight line basis.

Rates of depreciation:

Leaseh lease term Plant 20% Furnit 20% Compu 33%

Freehold land is not depreciated.

c) Income

Incoming resources are recognised in the year for which they are receivable.

d) Taxation

The charity has applied for charitable exemption under Section 505 of the Income and Corporation Taxes Act 1988.

e) Expenditure

Expenditure is included in the financial statements on an accruals basis.

e) Stock

Stock is valued at the lower of cost and net realisable value.

2. Grants, donations and other gifts

Grants, donations and other gifts receivable for the general purposes of the Charity are credited to unrestricted funds. Donations for purposes restricted by the wishes of the

donor are taken to restricted funds

3. Resources expended

Costs of generating funds comprise the costs associated with attracting voluntary income.

Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

  1. Part time staff numbers 21

Sheet1

Profit and Loss 31.03.25

Bank Balance 01.03.24
Food
Bank charges
HMRC
Pension
Rent
Salaries
Transfers
SENCO Equipment
Cleaning
Staff Training
Stationary/Room supplies
Sundry
Insurance
Utilities
Subscriptions
Total
Grants
Session fees
Total
Bank Balance 31.03.25
Profit/Loss		 £
Income £		 £
Income £		 Expenditure £
25285.74
23,832.79		 5,961.63
234.00
19,506.96
7,987.74
16,872.34
219,060.98
88,000.00
4,619.90
2,055.34
7,268.76
4,760.66
28,651.28
1,128.12
8,258.98
2,091.24
162,215.56
252,789.42
416,457.93
415,004.98
-£1,452.95

Page 1

Sheetl Pa