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2025-02-28-accounts

Company registration number: 06078076 Charity registration number: 1126710

Jumblies Day Nursery

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 28 February 2025

GW&Co. Ltd Waterside Court Falmouth Road Penryn United Kingdom TR10 8AW

Jumblies Day Nursery

Contents

Contents
Reference and Administrative Details 1
Trustees' Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7 to 8
Balance Sheet 9
Notes to the Financial Statements
10 to 17

Jumblies Day Nursery

Reference and Administrative Details

Charity Registration Number

1126710

Company Registration Number

06078076

The charity is incorporated in England & Wales.

Registered Office

Waterside Court Falmouth Road Penryn Cornwall TR10 8AW

Independent Examiner

GW&Co. Ltd Waterside Court Falmouth Road Penryn United Kingdom TR10 8AW

Page 1

Jumblies Day Nursery

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and Independent Examiner's report of the charitable company for the year ended 28 February 2025.

Objectives and activities

The setting is registered as a limited company and charity.

Jumblies is managed by two manager’s who jobshare the post. Each has different areas of responsibility within the setting.

The Memorandum of Articles and Articles of Association details the running of the charity by a parent committee elected at the Annual General Meeting in Autumn. The majority of the committee need to be active member, who have children registered with Jumblies.

Parents are encouraged to join our committee. The committee offers parents the opportunity to become more involved in the learning and development of their children as well as supporting the management team through sharing their knowledge and experience. Directors are encouraged to take part in training courses, especially safeguarding children courses.

Public benefit

Jumblies Day Nursery provides full day care for children up to the age of five years. The nursery's aim is to enable parents to go back to work by providing full day care at a reasonable cost and to enhance the development and education of children under statutory school age.

Children eligible for Government funding can access their entitlement at no extra cost.

Jumblies accepts universal funding (incl Early Years Pupil Premium), 9 months plus funding, 2 year funding and 30 hour funding.

Parents can choose to book their children in for extra hours at an hourly rate. This hourly rate is kept low to allow all families in the community to access the nursery.

Achievements and performance

Jumblies was inspected by Ofsted in March 2022, who judged the nursery to be good in all areas. The management and staff team have worked hard in ensuring that the objectives set out in the Memorandum of Association have been met.

Extended funding for babies and two year old have resulted in a profit in the last financial year.

Financial reserves ensure that at least three month worth of running costs, including wages is set aside in a savings account.

Our Summer Fair, organised by our Fundraising Committee, in the Memorial Gardens, was a huge success and raised a lot of money, despite the rain. This has enabled us to buy resources, fund yoga sessions and have trips.

We went on a trip to Dairyland with all the children in the Bigs Room in spring 2024. The older children have taken part in several outings this year, using public transport. We visited the town, the library and Kimberley Park.

Page 2

Jumblies Day Nursery

Trustees' Report

Jumblies employs two graduates in leadership positions. One of the managers gained the Early Years Professional qualification following a BA hons degree in Early Childhood Studies. The other Manager has completed the BA hons in Education and Training.

We have two Special Educational Needs Co-ordinators, who both take part in regular training sessions, as well as SENCO network meetings to keep updated, gain and update their knowledge.

All staff regularly attend training sessions to update and further their knowledge.

Paediatric first Aid, Safeguarding and Food Hygiene certificates are regularly updated by all staff.

Termly appraisals ensure that staffs training needs are supported.

The Managers and Deputy manager have attended Safeguarding Children Lead Professionals Training.

Jumblies is currently receiving funding to support a child with medical needs. The funding ensures that the child is included in all areas of nursery life, as well as funding for a child with an EHCP (Education and Health Care Plan).

We receive regular visits from our Early Years Teacher, Early Years Support Assistant and area SENCO to help review and evaluate our practice and put in place any improvements needed. This also keep us updated on any changes implemented by local authority or Ofsted.

The managers regularly take part in Managers Network meeting by Early Years Cornwall to ensure that all updates are received and implemented if necessary.

Staff worked closely with the parents, the speech therapist, the area SENCO (Special Educational Needs Coordinator) and other outside agencies to ensure all children have the best possible support.

SENCO network meetings are regularly attended by our SENCO or assistant.

Weekly toddler yoga sessions take place on a range of days, French is taught to the older children by a teacher once a week.

We regularly take the children to the Memorial Gardens for outside play, where we also hold the Graduation Party for our school leavers.

We are currently planning on setting up and outdoor learning area in Glasney College Field, which is owned by Cornwall Housing.

Financial review

Extended funding for babies and two year old have resulted in a profit in the last financial year of £15,927.

The Charity’s reserves policy is to ensure that at least three months’ worth of running costs, including wages is set aside in a savings account. At year end the charity had free reserves of £150,897, as such reserves exceed the three month minimum. The cash balance at year end was £183,919.

Page 3

Jumblies Day Nursery

Trustees' Report

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees:

Mr Gregory Bennett (resigned 31 October 2024)

Mrs Emily Ruth Winson (resigned 31 October 2024)

Ms Daisy Abigail Squirrell Sawle

Mrs Rosalia Miranda Regini-Cook (resigned 31 October 2024)

Miss Samantha May Allen (resigned 31 October 2024) Miss Alice Lily Rushworth-Lund (resigned 31 October 2024) Mrs Amy Elizabeth Shenton (appointed 31 October 2024) Mrs Sophie Kesacoff (appointed 31 October 2024) Mrs Freya Susannah Mason (appointed 31 October 2024) Mr Kevin Liam Harris (appointed 31 October 2024) Eleanor Anne Aston (appointed 31 October 2024)

Structure, governance and management

Nature of governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006.

Statement of trustees' responsibilities

The trustees (who are also the directors of Jumblies Day Nursery 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 Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

Page 4

Jumblies Day Nursery

Trustees' Report

The trustees are responsible for keeping proper accounting records that can 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... ......................................... ......................................... Ms Daisy Abigail Squirrell Sawle Mrs Amy Elizabeth Shenton Mrs Freya Susannah Mason Trustee Trustee Trustee

Page 5

Jumblies Day Nursery

Independent Examiner's Report to the trustees of Jumblies Day Nursery ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2025.

Responsibilities and basis of report

As the charity’s 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 FCCA, 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:

  1. accounting records were not kept in respect of Jumblies Day Nursery 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.

...................................... Deborah Warburton FCCA

Waterside Court Falmouth Road Penryn United Kingdom TR10 8AW

Date:.............................

Page 6

Jumblies Day Nursery

Statement of Financial Activities for the Year Ended 28 February 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Unrestricted
Total
funds
2025
Note £
£
Income and Endowments from:
Donations and legacies
3
30,000
30,000
Charitable activities
4
299,438
299,438
Other trading activities
5
1,445
1,445
Investment income
6
724
724
Total income
331,607
331,607
Expenditure on:
Charitable activities
7
(313,940)
(313,940)
Other expenditure
8
(1,740)
(1,740)
Total expenditure
(315,680)
(315,680)
Net income
15,927
15,927
Net movement in funds
15,927
15,927
Reconciliation of funds
Total funds brought forward
136,698
136,698
Total funds carried forward
18
152,625
152,625
Unrestricted
Total
funds
2024
Note £
£
Income and Endowments from:
Charitable activities
4
263,875
263,875
Other trading activities
5
543
543
Investment income
6
623
623
Total income
265,041
265,041
Expenditure on:
Charitable activities
7
(246,004)
(246,004)
Other expenditure
8
(950)
(950)
Total expenditure
(246,954)
(246,954)
Net income
18,087
18,087
Net movement in funds
18,087
18,087
Reconciliation of funds
Total funds brought forward
118,611
118,611
Total funds carried forward
18
136,698
136,698

The notes on pages 10 to 17 form an integral part of these financial statements. Page 7

Jumblies Day Nursery

Statement of Financial Activities for the Year Ended 28 February 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 18.

The notes on pages 10 to 17 form an integral part of these financial statements. Page 8

Jumblies Day Nursery

(Registration number: 06078076) Balance Sheet as at 28 February 2025

Note
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
16
Creditors: Amounts falling due within one year
17
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
18
2025
£
1,728
2,277
183,919
186,196
(35,299)
150,897
152,625
152,625
152,625
2024
£
954
11,331
132,217
143,548
(7,804)
135,744
136,698
136,698
136,698

For the financial year ending 28 February 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

......................................... Ms Daisy Abigail Squirrell Sawle Trustee

......................................... ......................................... Mrs Amy Elizabeth Shenton Mrs Freya Susannah Mason Trustee Trustee

The notes on pages 10 to 17 form an integral part of these financial statements. Page 9

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

1 Charity status

The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: Waterside Court Falmouth Road Penryn Cornwall TR10 8AW

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Jumblies Day Nursery meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

Voluntary income including payment for service, donations, gifts, legacies and grants that provide core funding or are of a general nature are recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donated services and facilities

In the year the charity received donated use of facilities regarding their main premises of 2025: £30,000 (2024: £30,000)

Page 10

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery 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.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Computer equipment 33% on cost Fixtures & fittings 33% on cost Plant & machinery 25% on cost

Page 11

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

Trade debtors

Trade debtors are amounts due for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

3 Income from donations and legacies

3
Income from donations and legacies
Unrestricted
funds Total
General funds
£ £
Donated services and facilities 30,000 30,000
Total for 2025 30,000 30,000

4 Income from charitable activities

Unrestricted
funds
Total
General
funds
£
£
Income from charitable activity 299,438
299,438
Total for 2025
300,883
300,883
Total for 2024
264,218
264,218

Page 12

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

5 Income from other trading activities

5
Income from other trading activities
Unrestricted
funds Total
General funds
£ £
Fundraisingincome 1,445 1,445
Total for 2025 1,445 1,445
Total for 2024 543 543

6 Investment income

6
Investment income
Unrestricted
funds
Total
General
funds
£
£
Interest receivable and similar income;
Interest receivable on bank deposits 724
724
Total for 2025
724
724
Total for 2024
623
623

Page 13

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

7 Expenditure on charitable activities

7
Expenditure on charitable activities
Unrestricted
funds Total
General funds
Note £ £
Other costs 8,220 8,220
Staff costs 246,608 246,608
Allocated support costs 57,254 57,254
Governance costs 9 1,858 1,858
Total for 2025 313,940 313,940
Total for 2024 246,004 246,004

8 Other expenditure

Unrestricted
funds Total
General funds
Note £ £
Depreciation,amortisation and other similar costs 1,740 1,740
Total for 2025 1,740 1,740
Total for 2024 950 950

9 Analysis of governance and support costs

Governance costs

Unrestricted
funds
Total
General
funds
£
£
Independent examiners fee 1,858
1,858
Total for 2025
1,858
1,858
Total for 2024
2,180
2,180

Page 14

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

10 Net incoming/outgoing resources

Net incoming resources for the year include:

10
Net incoming/outgoing resources
Net incoming resources for the year include:
2025 2024
£ £
Depreciation of fixed assets 1,740 950

11 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

12 Staff costs

The aggregate payroll costs were as follows:

12
Staff costs
The aggregate payroll costs were as follows:
2025
2024
£
£
Staff costs during the year were:
Wages and salaries 240,188
207,353
Pension costs 6,267
5,292
Other staff costs 153
572
246,608
213,217

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year was as follows:

2025
2024
No
No
No. of employees 17
20

No employee received emoluments of more than £60,000 during the year.

Page 15

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

14 Tangible fixed assets

Furniture and
equipment
Total

£
£
Cost
At 1 March 2024 10,584
10,584
Additions 2,515
2,515
At 28 February2025 13,099
13,099
Depreciation
At 1 March 2024 9,630
9,630
Charge for theyear 1,741
1,741
At 28 February2025 11,371
11,371
Net book value
At 28 February2025 1,728
1,728
At 29 February2024 954
954
15
Debtors
2025
2024
£
£
Trade debtors 336
8,172
Prepayments 1,941
878
Other debtors -
2,281
2,277
11,331
16
Cash and cash equivalents
2025
2024
£
£
Cash at bank 183,919
132,217

Page 16

Jumblies Day Nursery

Notes to the Financial Statements for the Year Ended 28 February 2025

Notes to the Financial Statements for the Year Ended 28 February 2025 Notes to the Financial Statements for the Year Ended 28 February 2025
17
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors 33,695
6,044
Accruals 1,604
1,760
35,299
7,804
18
Funds
Balance at 1
Incoming
Resources
Balance at 28
March 2024
resources
expended
February 2025
£
£

£

£
Unrestricted funds
General
136,698
331,607
(315,680)
152,625
Balance at 1
Incoming
Resources
Balance at 29
March 2023
resources
expended
February 2024
£
£

£

£
Unrestricted funds
General
118,611
265,041
(246,954)
136,698

Page 17

Jumblies Day Nursery

Statement of Financial Activities by fund for the Year Ended 28 February 2025

Unrestricted Funds

Unrestricted Funds
Total
Total
Unrestricted
Unrestricted
Funds
Funds
2025
2024
£
£
Income and Endowments from:
Donations and legacies 30,000
-
Charitable activities 299,438
263,875
Other trading activities 1,445
543
Investment income 724
623
Total income
331,607
265,041
Expenditure on:
Charitable activities (313,940)
(246,004)
Other expenditure (1,740)
(950)
Total expenditure
(315,680)
(246,954)
Net income
15,927
18,087
Net movement in funds
15,927
18,087
Reconciliation of funds
Total funds brought forward
136,698
118,611
Total funds carried forward
152,625
136,698

This page does not form part of the statutory financial statements. Page 18

Jumblies Day Nursery

Detailed Statement of Financial Activities for the Year Ended 28 February 2025

Total
Total
2025
2024
£
£
Income and Endowments from:
Donations and legacies (analysed below) 30,000
-
Charitable activities (analysed below) 299,438
263,875
Other trading activities (analysed below) 1,445
543
Investment income(analysed below) 724
623
Total income
331,607
265,041
Expenditure on:
Charitable activities (analysed below) (313,940)
(246,004)
Other expenditure(analysed below) (1,740)
(950)
Total expenditure
(315,680)
(246,954)
Net income
15,927
18,087
Net movement in funds
15,927
18,087
Reconciliation of funds
Total funds brought forward
136,698
118,611
Total funds carried forward
152,625
136,698

This page does not form part of the statutory financial statements. Page 19

Jumblies Day Nursery

Detailed Statement of Financial Activities for the Year Ended 28 February 2025

Total Total
2025 2024
£ £
Donations and legacies
Donated use of facilities 30,000 -
30,000 -
Charitable activities
Primary purpose trading 299,438 263,875
299,438 263,875
Other trading activities
Fundraising income 1,445 343
Other income - 200
1,445 543
Investment income
Interest on cash deposits 724 623
724 623
Other costs
Playgroup (7,021) (5,182)
Ofsted (220) (220)
Kitchen (979) (927)
(8,220) (6,329)
Staff costs
Wages and salaries (240,188) (207,353)
Staff pensions (6,267) (5,292)
Staff training (153) (572)
(246,608) (213,217)
Support costs
Rent and rates (41,601) (11,282)
Insurance (931) (889)
Repairs and maintenance (2,394) (1,661)
Telephone and fax (1,823) (1,696)
Printing, postage and stationery (925) (699)
Sundry expenses (298) (855)
Advertising (19) -
Payroll processing fees (1,355) (1,479)
Trade subscriptions (4,347) (2,007)
Staff meal (699) (346)
Uniforms (353) (680)

This page does not form part of the statutory financial statements. Page 20

Jumblies Day Nursery

Detailed Statement of Financial Activities for the Year Ended 28 February 2025

Total
Total
2025
2024
£
£
Cleaning (2,402)
(2,588)
Bank interestpayable (107)
(96)
(57,254)
(24,278)
Governance costs
Independent examiner's fee (1,858)
(2,180)
Other expenditure
Depreciation ofplant and machinery (1,740)
(950)
(1,740)
(950)

This page does not form part of the statutory financial statements. Page 21