REGISTERED COMPANY NUMBER: 06258291 REGISTERED CHARITY NUMBER: 1124855 Belsay Daycare Limited Report of the Trustees and Flnancial Statsments for the year ènded 31 August 2025
Belsay Daycare Ltd Contents of the Financial Statements For the Year Ended 31 August 2025 Report of the Trustees Independent Examiner's Report Statement of Financial Statements Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities
Belsay Daycare Limited Report of the Trustees For the Year Ended 31 August 2025 The trustees, who are also directors of the charity, for the purposes of the Companies Act 2006, present the financial 51atemenls of the charity for the year ended 31 August 2025. The trustees have adopted the provisions ofthe Statement of Recommended Practi ISORP), Accounting and Reporting by Chaflties. issued in March 2005 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company Number 06258291 (England and Wales) Registered Charity Number 1124855 Registered Office Belsay First School Belsay NE20 OET Trustees R C Goldwater (appointed 14111122) C J Shahabeddin (appointed 415123 and resigned 31131251 A S Goldwater (appointed 4151231 R L Gorstige (appointed 2415123) M V Hayes (appointed 2415123 and resigned 1619124) L Sym {appointed 011011241 D A Gorslige {appointed 3113125) A Tvergaard (appointed 29141251 Independent Examiner Lucy Smyth STRUCTURE, GOVERNACE AND MANAGEMENT Governing document The charity is conlrolled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ènsure appropriate controls are in place to provide reasonable assurance againsl fraud and error. Approved by order of the board of trustees on 30 May. 2026 .and signed by.. MrAS Goldwater...............Trustee Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Belsay DayGare Limited I report on the accounts for the year ended 31 August 2025 set out on pages three to seven. Respective responsibilities of tru8tee8 and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 I'lhe Act"). Th8 charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independenl examination is needed. It is my responsibility to: • examine the accounts under section 145 of th8 Charities Act, to follow the applicable Directions given by the Charity Commission (under section 145{5)Ib) of the Act, and lo state whether particular matters have come to my attention. Basi8 of the Independent examiner's report My examination was carried out in a¢cordance wilh general Directions given by the Charty Commission. An examination in¢ludes a review of the accounting records kept by the charity and a comparison of the accounts presentèd with those records. It also inc.lud88 consideration of any unusual items or disclosures in the accounts and seeking explanations from the trust8es 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 aGGounts present a 'true and fair, view and the report is limit8d to those matters set out in the statement below. Independent examlner's statement In ¢onnection with my examination, no material matters have come to my attention whi¢h gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charrties Act,. or the accounts did not accord with the a¢counting records. or the accounts did not comply with the appliGable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan any requirem8nt that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the 8xamination to which attention should be drawn in this report in order lo enable a proper understanding of th8 accounts to be reached. Page 2
Belsay Day¢are Limited ststement of Financial Activltle8 Ilncorporating an income & expendlture account) For the Year Ended 31 August 2025 2025 Unrestricted Funds 2024 Unrestricted Fund8 Not88 INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Activates for generating funds Incoming resources from charitable activities 774 861 74.926 3,394 74,225 2,882 Total Incomlng rasources RESOURCES EXPENDED Cost of generating voluntary income Other Resources expend 93,385 97,688 Total resourc•s •xpended 93,385 97,888 NET SURPLUS FOR THE YEAR RECONCILIATION OF FUNDS Total funds brought forward 71,196 90,916 {Deficit)1gurplus for th8 Year 114,291) (19,720) TOTAL FUNDS CARRIED FORWARD 56,905 71,196 Page 3
Belsay Daycare Llmlted Balance Sheet as at 31 August 2025 31.8.25 Unrestricted Funds 31.8.24 Unrestricted Funds Notes FIXED ASSETS Tangible assèts 7,695 10,261 CURRENT ASSETS Debtors Cash at bank and in hand (41 52,583 52,579 2,505 63,948 66,453 CREDITORS Amounls falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 56,905 71,196 NET ASSETS FUNDS Unregtrlcted fund8 10 56,905 71,198 TOTAL FUNDS The charitab18 company is entitled to exemption from audit under Section 477 of the Companies Act 2006, for the year ended 31 August 2025. The members have not required the charitable company to obtain an audit of Fls financial statements for the year ended 31 August 2025, in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for a) Ensuring that the charitable ¢ompany keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and b) Preparing financial statements which give a Irue and fair view of the state of affairs of the charilable company as at the end of each financial year and of ils surplus or deficrt for each financial year in accordance with the requirements of Section 394 and 395 and which othemise comply with the requirements of Ihe Companies Act 2006 relating to financial statements, so far as applicable lo the charitable company. The financial stalements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006, relating to small Gharitsble companies and with the FinanGial Reporting Standard for Smaller Enlities (effective January 20151. The financial statements were approved by the Board of Trustees on . signed on ils behalf by-. and were MrA S Goldwater...............Trustee Page 4
Belsay Daycare Limited Notes to the Financial Ststements for the Year Ended 31 August 2025 1. ACCOUNTANCY POLICIES Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 20081, the Companies Act 2006 and the requirements of the Statemerrt of Recommended Practice, Accounting and Reporting by Charities. Incoming resources All incoming reSoUrS are included on the Slatement of Financial Activities when the charily is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs Gannol be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fjxed assets Depreciation is provided at rates in order to write off each asset over its estimated useful life. Fund accountlng Unrestricted funds can be used in accordance with the charitable obj8Ctiv8s at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2. ACTIVITIES FOR GENERATING FUNDS 31.8.25 31.8.24 Parents fees Govemment funding Fundraising income 29,195 45,610 3,394 78,199 33,995 40,230 2,882 77,107 3. COSTS OF GENERATING VOLUNTARY INCOME 31.8.25 31.8.24 Fundraising expenditure Support costs Page 5
Belsay Daycare Limited Notes to the Financial Statements For the Year Ended 31 August 2025- continued 4. NET INCOMINGI(OUTGOING) RESOURCES Net resources am stated after chargingl(crediting): 31.8.25 2,566 31.8.24 2,567 Depreciation - owned assets 5. TRUSTEES, REMUNERATION AND BENEFITS No trustees, remuneratian or benefits were paid for the year ended 31 August 2024 (2023 Nil) Trustees, expenses No trustees, expenses were paid during the year ended 31 August 2024 (2023 Nil). 6. STAFF COSTS 31.8.25 31.8.24 Wages, salaries & pension contributions & other staff costs 74,593 76,214 Thè average monthly number of employees during the year was as follows: 31.8.25 31.8.24 7. TANGIBLE FIXED ASSETS Land & Buildings Plant & Machinery Total COST At 1 September 2024 25,657 191 25,848 DEPRECIATION At 1 Sèptember 2024 Chargè for the Year At 31 August 2025 15,336 2,568 17,962 191 15.587 2,567 18,153 191 NET BOOK VALUE At 31 August 2024 At 31 August 2024 10,261 7,695 10,261 7,695 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Trade debtors (4) 2,505 Page 6
Belsay Daycare Limited Notes to the Financial Ststements For the Year Ended 31 August 2025- continued 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Trade Creditors Taxation & social security Other creditors 2,807 520 42 3,369 902 1,304 3,312 5,518 10. MOVEMENT IN FUNDS At 1.9.24 Net Movement At 31.8.25 Unrestricted funds General fund 71,196 {14,291) 56,905 TOTAL FUNDS 71,196 14,291 56,905 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General funds TOTAL FUNDS 79,094 93,385 {14,291) 14,291 Page 7