. A L.
Company registration number: 06641688 Charity registration number: 1125688
THE ARK CHILD OKEFORD TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
==> picture [2 x 2] intentionally omitted <==
----- Start of picture text -----
.
----- End of picture text -----
Rapid Accounts Limited Unit 20 The Wincombe Centre Wincombe Business Park Shaftesbury Dorset SP7 9Q]
.
The Ark Child Okeford Contents
| Page | ||
|---|---|---|
| Trustees’Report | . | 1-3 |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities (including Income and Expenditure Account) | 5 | |
| Comparative Statement of Financial Activities (including Income and Expenditure Account) | 6 | |
| Balance Sheet | 7 | |
| NotestotheFinancialStatements | 8—13 |
The Ark Child Okeford Company No. 06641688 Trustees' Report For The Year Ended 31 July 2025
The trustees present their report and the financial statements for the year ended 31 July 2025,
Objectives and Activities
Aims and Objectives
The principal policies and objectives of the charity are:
a) To enhance the development and education of children in a parent-involving, community based group
b) To offer good quality affordable childcare
Cc) To provide a caring, safe, secure and stimulating enviroment for children from O to 11 years
d) To work within a framework that ensures equality of opportunity for all children and families
Public Benefit
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Main Achievements
At the start of the 2024/2025 Financial Year, The Ark’s reserves were good, with £137.916 held in the bank. In May, 2025 £7000 was transferred to our third account to give a £78,000 reserve for wages. With the National Living Wage increasing by 6.7% from £11.44 to £12.21 in April 2025, staff were awarded a 6.7% payrise. Our fee prices remained the same for the 2024/25 Financial year. However, from Summer Term 2025 (1st April 2025-31st August 2025), the amount of funding we received from DCC increased, as follows: Under 2's £9.79 - £10.05 per hour 2 year old (non premium) £7.22 - £7.43 per hour
2 year old (premium) £7.90 - £8.43 per hour
3-4 year alds (non premium) £5.19 - £5.45 per hour
- 3-4 year olds (premium) £5.87 - £6.45 per hour
Monthly invoices are being paid promptly and from August 2024- July 2025, 100% of invoices have been paid. I fee] that our year-end financial position was strong, with £118.920 in the current account, £78,398 in the wage reserve account and £13,868 in our fundraising account. , Bookings continue to be strong. We have a waiting list in operation for all our rooms.
We are confident that The Ark’s financial position will remain secure throughout the next year.
Reference and Administrative Detaiis
Trustees
Mrs Rebecca Baker {appointed 09/09/2025) Mrs Laura Bridger-Chilvers Mrs Florence Manning Mrs Georgina McLean Mrs Sarah McNab Mrs Emmaz-Louise Nicholls Miss Holly Parsons-Fox (appointed 14/02/2025) Miss Natasha Pike Mrs Kathy Pym Mrs Amy Rose Mrs Alice Witcher Mrs Jennifer Young Mrs Emma Elsworth (resigned 03/06/2025)
==> picture [179 x 33] intentionally omitted <==
----- Start of picture text -----
Company Secretaries
Mrs Florence Manning (appointed 26/09/2024)
Mrs Erin Lawrence (resigned 26/09/2024)
----- End of picture text -----
Other Personnel
Emma Nicholls - Chairperson
Page 1
The Ark Child Okeford Trustees' Report (continued) For The Year Ended 31 July 2025
==> picture [115 x 154] intentionally omitted <==
----- Start of picture text -----
Charity Number
1125688
Company Number
06641688
Independent Examiner
Rapid Accounts Limited
Accountants
Unit 20 The Wincombe Centre
Wincombe Business Park
Shaftesbury
Dorset
SP7 9Q]
----- End of picture text -----
Page 2
The Ark Child Okeford Trustees' Report (continued) For The Year Ended 31 July 2025
Statement of Trustees’ Responsibilities
The trustees (who are also the directors of The Ark Child Okeford for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicé).
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they 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 the financial statements the trustees are required to:
-
e select suitable accounting policies and then apply them consistently; e observe the methods and principles in the Charity SORP;
-
e make judgments and accounting estimates that are reasonable and prudent; and
-
® prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. :
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees’ report was approved by the board of trustees and signed on its behalf by:
Page 3
The Ark Child Okeford Independent Examiner's Report to the Trustees of The Ark Child Okeford For The Year Ended 31 July 2025
eee
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025,
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law}, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
ol HM Dov — MARAT. Date yf wn Rapid[Accounts] Wl /[Limited] 2h. Accountants Unit 20 The Wincombe Centre Wincombe Business Park Shaftesbury Dorset SP7 9Q)
| I |
Page 4
y
ha
The Ark Child Okeford Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025 SSSSS
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM: | |||||
| Donations and legacies | 3 | 18,254 | - | 18,254 | 3,581 |
| Charitable activities: | |||||
| Charitable activities | 563,435 | - | 563,435 | 481,380 | |
| Other trading activities | 4 | 3,743 | - | 3,743 | 3,741 |
| Investments | 5 | 699 | - | 699 | 580 |
| {iC | 586,131 | - | 586,131 | 489,282 | |
| EXPENDITURE ON: | S | ||||
| Raising funds | 7 | (282) | - | (282) | (415) |
| Charitable activities: | 7 | ||||
| Expenditure | (528,737) | ~ | (528,737) | (482,873) | |
| \ (529,019) | - | (529,019) | (483,288) | ||
| NET INCOME | 57,112 | = | 57,112 | 5,994 | |
| Transfers between funds | 16 | 2,175 | (2,175) | - | - |
| NET MOVEMENT IN FUNDS | 59,287 | (2,175) | 57,112 | 5,994 | |
| RECONCILIATION OF FUNDS: | |||||
| Total funds brought forward | 161,370 | 6,525 | 167,895 | 161,900 | |
| TOTALFUNDSCARRIEDFORWARD | 16 | 220,657 | 4,350 | 225,007. | 167,894 |
The notes on pages 8 to 13 form part of these financial statements.
==> picture [19 x 12] intentionally omitted <==
----- Start of picture text -----
5%
----- End of picture text -----
==> picture [26 x 8] intentionally omitted <==
----- Start of picture text -----
Page 5
----- End of picture text -----
The Ark Child Okeford Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025
| 2024 | |||||
|---|---|---|---|---|---|
| ? | Unrestricted | Restricted | Total | ||
| funds | funds | funds | |||
| Notes | £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM: | |||||
| Donations and legacies | 3 | 3,581 | - | 3,581 | |
| Charitable activities: | |||||
| Charitable activities | 481,380 | - | 481,380 | ||
| Other trading activities | 4 | 3,741 | - | 3,741 | |
| Investments | 5 | 580 | - | ‘580 | |
| 489,282 | - | 489,282 | |||
| EXPENDITURE ON: | |||||
| Raising funds | 7 | (415) | - | (415) | |
| Charitable activities: | 7 | ||||
| Expenditure | (482,873) | - | (482,873) | ||
| (483,288) | - | (483,288) | |||
| NET INCOME | 5,994 | a | 5,994 | ||
| Transfers between funds | 16 | 2,175 | (2,175) | - | |
| NET MOVEMENT IN FUNDS | 8,169 | (2,175) | 5,994 | ||
| RECONCILIATION OF FUNDS: | |||||
| Total funds brought forward | 153,200 | 8,700 | 161,900 | ||
| TOTALFUNDSCARRIEDFORWARD | 16 | 161,369 | 6,525 | 167,894 |
The notes on pages 8 to 13 form part of these financial statements.
Page 6
The Ark Child Okeford Balance Sheet As At 31 July 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| ; | funds | funds | funds | funds | |
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 12 | 42,988 | - | 42,988 | 46,678 |
| 42,988 | - | 42,988 | 46,678 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 781 | - | 781 | 32,456 |
| Cash at bank and in hand | 211,187 | - | 211,187 | 137,916 | |
| 211,968 | - | 211,968 | 170,372 | ||
| Creditors: Amounts Falling Due Within One Year | i4 | (29,949) | - | (29,949) | (49,156) |
| NET CURRENT ASSETS (LIABILITIES) | 182,019 | - | 182,019 | 121,216 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 225,007 | - | 225,007 | 167,894 | |
| NET ASSETS | 225,007 | - | 225,007 | 167,894 | |
| FUNDS OF THE CHARITY | |||||
| Restricted Funds | 4,350 | 6,525 | |||
| Unrestricted Funds | 220,657 | 161,369 | |||
| TOTALFUNDS | 16 | 225,007 | 167,894 |
For the year ending 31 July 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006. :
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Date odlulr~s
The notes on pages 8 to 13 form part of these financial statements.
Page 7
The Ark Child Okeford Notes to the Financial Statements For The Year Ended 31 July 2025
1. General Information
The Ark Child Okeford is a company limited by guarantee, incorporated in England & Wales, registered number 06641688 and registered ‘charity number-1125688. The registered office is . :
2. Accounting Policies
2,1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006,
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All income is recognised once the charity has entitlement toa the income, there is sufficient probability that the income will be received, and the amount of income receivable can be measured reliably. Donated facilities or services are included at the value to the charity where they can be reliably quantified.
2.3. Resources Expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Support costs are all allocated to charitable activities,
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost fess accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Mobile Building - The Raft Straight line basis over the term of the lease Leasehold Improvements Straight line basis over the term of the lease Plant & Machinery 25% reducing balance basis
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.6. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
2.7. Pensions
The charitable company operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
3. Income from Donations and Legacies
==> picture [478 x 115] intentionally omitted <==
----- Start of picture text -----
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts:
Donations and gifts 5,660 3,581
Grants:
Government Grants 12,594 =
18,254 3,581
----- End of picture text -----
Page 8
The Ark Child Okeford Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
| 4. | Income from Other Trading Activities | Income from Other Trading Activities | Income from Other Trading Activities | |||||
|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | |||||||
| > | a | a | / | @ | ‘Unrestricted | Unrestricted | ||
| funds | funds | |||||||
| F | £ | |||||||
| Fundraising events | 3,743 | 3,741 | ||||||
| 5. | Investment Income | |||||||
| 2025 | 2024 | |||||||
| Unrestricted | Unrestricted | |||||||
| funds | funds | |||||||
| £ | £ | |||||||
| Bank interest receivable | 699 | 580 | ||||||
| 6. | .Net Income/ (Expenditure) | |||||||
| The net income is stated after | charging/(crediting): | |||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Depreciation of tangible fixed | assets - owned | 10,905 | 9,492 | |||||
| 7. | Analysis of Expenditure | |||||||
| 2025 | ||||||||
| Activities undertaken directly |
Support costs (see note 8) |
Total | ||||||
| E | £ | £ | ||||||
| Raising funds | 282 | - | 282 | |||||
| Expenditure | 31,372 | 497,365 | 528,737 | |||||
| 31,654 | 497,365 | 529,019 | ||||||
| 2024 | ||||||||
| Activities undertaken directly |
Support costs (see note 8) |
Total | ||||||
| £ | £ | £ | ||||||
| Raising funds | 415 | - | 415 | |||||
| Expenditure | 33,457 | 449,416 | 482,873 | |||||
| 33,872 | 449,416 | 483,288 | ||||||
| 8. | Support Costs | |||||||
| 2025 | ||||||||
| Expenditure | ||||||||
| £ | ||||||||
| Employee costs: | : | |||||||
| Wages and salaries | 419,556 | |||||||
| Employers NI | 25,408 | |||||||
| ...CONTINUED | ||||||||
| Page9 |
The Ark Child Okeford Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
| Employers pensions - defined contributions scheme | Employers pensions - defined contributions scheme | 7,855 | |
|---|---|---|---|
| Staff training | 4,990 | ||
| Premises expenses: | i | ||
| Utilities | 9,003 | ||
| Water dispenser | 245 | ||
| Cleaning | 4,264 | ||
| General administration: | |||
| Computer software, consumables and maintenance | 1,942 | ||
| Repairs, renewals and maintenance | 4,713 | ||
| Insurance | 2,097 | ||
| Telephone | 1,448 | ||
| Subscriptions & licences | 487 | ||
| Charitable donations | 33~ | ||
| Sundry expenses | 871 | ||
| Depreciation: | |||
| Depreciation | 10,905 | ||
| Governance costs: | |||
| Accountancy fees | 3,548 | ||
| 497,365 | |||
| 2024 | |||
| Expenditure | |||
| £ | |||
| Employee costs: | |||
| Wages and salaries | 370,026 | ||
| Employers NI | 21,255 | ||
| Employers pensions - defined contributions scheme | 6,526 | ||
| Staff training | 5,525 | ||
| Premises expenses: | |||
| Utilities | 9,735 | ||
| Water dispenser | 280 | ||
| Cleaning | 4,438 | ||
| General administration: | |||
| Computer software, consumables and maintenance | 2,192 | ||
| Repairs, renewals and maintenance | 12,354 | ||
| Insurance | 1,840 | ||
| Telephone | 1,137 | ||
| Subscriptions & licences | 422 | ||
| Sundry expenses | 1,035 | ||
| Depreciation: | |||
| Depreciation | 9,492 | ||
| Governance costs: | |||
| Accountancy fees | : | 3,159 | |
| 449,416 |
Page 10
The Ark Child Okeford Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
9. Independent Examiner's Remuneration
| 9. Independent Examiner's Remuneration |
||
|---|---|---|
| 2025 | 2024 | |
| % | £ | £ |
| Independent examination of the financial statements | 1,200 | 1,100 |
| Other assurance services | - | - |
| Tax advisory services | - | - |
| Other financial services | 2,348 | 2,059 |
| 3,548 | 3,159 | |
| 10. Staff Costs |
||
| Staff costs were as follows: | ||
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 419,556 | 370,026 |
| Social security costs | 25,408 | 21,255 |
| Other pension costs | 7,855 | 6,526 |
| 452,819 | 397,807 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 11. Average Number of Employees
Average number of employees during the year was: 21 (2024: 21) 12. Tangible Assets
| 12. Tangible Assets |
|||||
|---|---|---|---|---|---|
| Land & Property | |||||
| Mobile Building - |
Leasehold Improvements |
Fixtures, Fittings & |
Total | ; | |
| The Raft | Equipment | ||||
| : | |||||
| £ | £ | £ | £ | ||
| Cost | |||||
| As at 1 August 2024 | 61,095 | 56,476 | 57,060. | 174,631 | |
| Additions | - | - | 7,214 | .7,214 | |
| As at 31 July 2025 | 61,095 | 56,476 | 64,274 | 181,845 | |
| Depreciation | |||||
| As at 1 August 2024 | 27,070 | 48,510 | 52,373 | 127,953 | |
| Provided during the period | 4,253 | 3,676 | 2,975 | 10,904 | |
| As at 31 July 2025 | 31,323 | 52,186 | 55,348 | 138,857 | |
| Net Book Value | |||||
| As at 31 July 2025 | 29,772 | 4,290 | 8,926 | 42,988 | |
| Asat1August2024 | 34,025 | 7,966 | 4,687 | 46,678 |
Page 11
The Ark Child Okeford Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
13. Debtors
==> picture [474 x 76] intentionally omitted <==
----- Start of picture text -----
|||||
|---|---|---|---|
|2025|2024|
|°|£|£|
|Due|within|one|year|
|Trade|debtors|(822)|31,161|
|Other|debtors|1,603|1,295|
|781|32,456|
----- End of picture text -----
14. Creditors: Amounts Falling Due Within One Year
==> picture [477 x 76] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Other|creditors|1,903|27|,847|
|Taxation|and|social|security|9,292|6,003|
|Accruals|and|deferred|income|18,754|15,306|
|29,949|49,156|
----- End of picture text -----
15. Pension Commitments
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £7,855 (2024: £6,526).
At the balance sheet date contributions of £1,903 (2024: £1,658) were due to the fund and are included in creditors.
- Movement in Funds
==> picture [484 x 316] intentionally omitted <==
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Asati|As|at|31|July|
|August|2024|Income|Expenditure|Transfers|2025|
|£|£|£|£|£|
|Unrestricted|funds|
|General:|
|General|unrestricted|fund|161,370|22,696|(1,276)|2,175|184,965|
|Charitable|activites|-|563,435|(527,746)|-|35,689|
|161,370|586,131|(529,022)|2,175|220,654|
|Designated:|
|Charitable|activities|3|-|3|-|3|
|Total|unrestricted|funds|161,370|586,131|(529,019)|2,175|220,657|
|Restricted|funds|
|Restricted|funds|6,525|-|-|(2,175)|4,350|
|Total|funds|167,895|586,131|(529,019)|-|225,007|
|As|at|1|:|As|at|31|July|
|August|2023|Income|Expenditure|Transfers|2024|
|£|£|£E|£|£|
|Unrestricted|funds|
|General:|
|General|unrestricted|fund|153,200|7,902|(415)|2,175|_|162,862|
|. .CONTINUED|
----- End of picture text -----
Page 12
The Ark Child Okeford Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
Designated:
| Designated: | |||||
|---|---|---|---|---|---|
| Charitable activities | - | 481,380 | (482,873) | - | (1,493) |
| Total unrestricted funds | 153,200 | 489,282 | (483,288) | 2,175 | 161,369 |
| Restricted funds | |||||
| Restricted funds | 8,700 | - | - | (2,175) | 6,525 |
| Totalfunds | 161,900 | 489,282 | (483,288) | - | 167,894 |
17, Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
| No | trustee expenses have been incurred. |
|---|---|
| 18, | RelatedPartyDisclosures , |
There have been no related party transactions in the reporting period that require disclosure.
19. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
==> picture [31 x 8] intentionally omitted <==
----- Start of picture text -----
Page 13
----- End of picture text -----