REGISTERED COMPANY NUMBER: 06398420 (England and Wales)
REGISTERED CHARITY NUMBER: 1126801
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
FOR
WEST WIGHT NURSERY
Bright Brown Limited
Chartered Accountants
Exchange House
St. Cross Lane
Newport
Isle of Wight
PO30 5BZ
WEST WIGHT NURSERY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
----- Start of picture text -----
Page
Reference and Administrative Details 1
Report of the Trustees 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 12
Detailed Statement of Financial Activities 13
----- End of picture text -----
WEST WIGHT NURSERY
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 OCTOBER 2025
TRUSTEES |
Mr J F Howe (deceased 14.11.25) |
|
Mrs S Richards |
|
Miss M C Millard |
|
Mrs E Penstone-Smith |
|
Mr L J Brett-Hill |
|
Mrs C A Thomas (appointed 13.11.25) |
|
Ms K Speroni (appointed 13.11.25) |
COMPANY SECRETARY |
Mrs S Richards |
REGISTERED OFFICE |
Summers Lane |
|
Totland |
|
Isle of Wight |
|
PO39 OHQ |
REGISTERED COMPANY NUMBER |
06398420 (England and Wales) |
REGISTERED CHARITY NUMBER |
1126801 |
INDEPENDENT EXAMINER |
Bright Brown Limited |
|
Chartered Accountants |
|
Exchange House |
|
St. Cross Lane |
|
Newport |
|
Isle of Wight |
|
PO30 5BZ |
BANKERS |
The Co-operative Bank plc |
Page 1
WEST WIGHT NURSERY (REGISTERED NUMBER: 06398420)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwith the
financialstatementsof the charity for the year ended 31 October2025. The trustees have adopted the provisionsof Accounting and
Reportingby Charities:Statementof RecommendedPracticeapplicableto charitiespreparing their accountsin accordancewith the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theprincipalactivityofthecompanyistheprovisionofnurserycareandeducationforbabiesandpre-schoolinfantsand the
provisionand promotionof classes,lectures,facilities,servicesand resourcesfor educatingand furtheringthe educationof children
and adults of all ages and abilities.
Public benefit
Alltheactivitiesofthecharityfocusondeliveringcommunitybenefitandareinaccordancewiththeobjectsofthecharity. The
trustees have compliedwith their duty to have due regard to the CharityCommission'spublic benefit guidancewhen exercising any
powers or duties to which the guidance is relevant.
ACHIEVEMENTS AND PERFORMANCE
I feel like I should acknowledgethe passing of our previous Chair Person John Howe who was in the position allof this financial year
but sadlypassedawayon the 14thNovember2025.So it is witha heavyheartthatI, the new electedchair(Meeting 13/11/2025)
writethisinhissteadandhopetodojusticetothepositionthathehasheldformanymanyyears.Wethankhimfor his
monumental contributions.
Thepastyearhasbeenbusy;especiallyin ourTumblers2-3yearold'sroomandthereforestaffingremainsquitehighto maintain
therequiredstafftochildratios.WehavemanagedtosetasidemoniesintheITaccountforInsuranceinOctober2025and the
accountsinJune2025,separatefromourmonthly/termlygrantallowanceheldintheReserve/Grantaccount. Unfortunately
however,theCCLAaccountremainsbereftoffundsduetotheincreasedcostsofsimplyoperatingi.ewithstaffwage increases,
pension and HMRC fees not to mention operational costs, such as gas and lights.
Totland Parish Council have generously donated £5,000 in April 2025 again this financialyear unrestricted- and continue to covering
the costofourgrasscuttingwhichamountstoaround£800a year.TheCoopmadea donationof£1,500fromtheirshareto care
fund againunrestrictedand we have benefitedfroma partnershipwith them in the past throughvariousschemes.We continue to
signstaffupforprofessionaldevelopmentandthisyearwehavehadoneLevel2Apprentice,andtwoLevel3 Apprentices.
Unfortunatelyonly one completedthe course;our level 3 candidateand the other two for various reasons decided not to continue.
However,wehavesinceJulyhadtwoadditionalApprentices,onedoinglevel2andtheotherLevel3andtheseseemtobe going
well. We also benefit from student placementsand have had the consistencyof our student from a couple of years now who is Level
2 qualified and able to assist us on busier sessions and holidays.
Intotalwehaveemployedanaverageof20staffthisyear,thatisouradministrator,sitemanager,2parttimecleaners, manager
and 15 room staff. We lost 3 staff between April and June 2025, hence training of existing staff to level 3 and employmentof a new
apprenticetoundertakealevel2qualification.Oneofourunqualifiedstaffiscurrentlyalsobeingassessedunderthenew Ofsted
and governmentqualificationroute known as an 'experiencedbased qualification'so long as they meet 50% of the outlined criteria.
to that end we benefit from the fact that our manager is not only a qualified assessor but also a post 16 Level 3 teacher and thus we
feel confident that this will be assessed at a high standard.
Page 2
WEST WIGHT NURSERY (REGISTERED NUMBER: 06398420)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
Onceagain as part of the governmentsendeavoursto providefor vulnerablefamiliesthe nursery has benefitedfroma HAF holiday
fundingprogrammeoverthepastEaster2025andSummer2025holidayperiods.Thishascertainlyhelpedussustain ourselves
during whatis usuallythe hardestpart of our year,August,when our familiesoftenwithdrawfor parts of the summerand we lose
ournurserygrantfundedchildren.TheHAFgrantprovided10places5daysaweekfor4weeksoverthesummer,paying for
breakfast,lunch and activityplaces for disadvantagedchildren. Thankfullywe had even more than that so gained an additionalbit of
funding.Wearenoticinganimprovementthoughthisyearinsummer2025holidayattendancefromourschoolusers which
benefited us financially.
In fact this year we have seen attendancefrom other localschoolsin the area in the holidaysas well. In the Octoberhalf term 2025
we have an additional16 children from 4 different primary schools attend the holiday club.Whichhas to be credited to our ability to
provideexcitingopportunitiesforattendingchildrenduetotheHAFfundingcoveringthecostofextraactivities.Wemadeuse of
the beach,copseand localparks as well as the schoolPE coachto provideactivitiesthis year and also providedrollerskatingin the
schoolhall, Llama Drama sessions with a qualified teacher and had Huxley the magiciandoing weekly workshops.We also made use
of the schoolchef two days a week over the summer who then provided3 of the 5 meals a week and did cookingwith the children
aswellasanactivity.Thisensureswemeetschoolfoodstandardswithintheprovision.TheHAFschemepromoteshealthy eating
habits and so the children are involvedin cookingand making healthy choices.This also ties in with Ofsted'sand the EYFS guidelines
around nutrition outlined in their nutrition guidance for September 2025.
Numbershaveremainedsteadyand this has helpedus remainsustainable.The baby roomand 2 yearold spacescontinueto be in
demandespeciallywith the introductionor 15/30hours fundingin April 2024for 2 year olds and 9 montholds in September 2024.
This is for workingfamiliesat a rate that is higher than our own fees finally.We continueto workwith the on site schoolto create
opportunities that will mutually benefit us. However they no longer rent our upstairs room due to their own financial constraints.
Theteamcontinuetobeguidedbythemanagerwhocontinuestoimplementtheexpectationsoftheamended2025 EYFS
guidelinesandthenewOfstedinspectionguidelines2025withthesamehighexpectationsofherselfandherstaffthatsawus an
outstandinggrade in 2022.The trusteeshave continuedto meeteveryfew monthsto reviewpoliciesand financesand continue to
support both the managerand her staffteam in their roles.Priorto the Novembervote and John'spassing John had acknowledged
thatthereneededtobe a changeofchairas he couldnolongeroffertheroletheattentionitrequired;and withthatin mind the
trustees have endeavoured to recruit at least two new trustees, which was achieved after the year end in November 2025.
The toddlergroupcontinuesto run out ofthe familycentrelocallywhichbenefitsthe businessand brings in new childrenwhich is
fortuitousastheotherlocalnurseryhasstartedtakingbabiesthispastyearaswell,whichtheydidnotformerlydo(ceased from
October2025).Howeverthey havejoinedwiththe on siteschooloftheirsettingand so are no longerdoingthis,makingour baby
waiting list a full one.
We would like to thank our team for putting in so much hard work,and being willing to upskill and improve their knowledgein order
to providethe best for our children.Withoutthe manager,her deputy, seniorsand her teams enthusiasmfor their roles,no matter
what resourceswe have, this would not be possible.That,along with policiesand proceduresensures a smoothoperationand safe
workplaceforall.Wearepleasedtocontinueofferingnotonlychildcareservices,buttothelocalcommunitya placethat values
them, their children and recognises them as their children's 'first educators'.
FINANCIAL REVIEW
Financial position
Totalincomefortheperiodamountedto£352,255(2024:£377,976).Costsofcharitableactivitiesamountedto£362,088 (2024:
£366,841). Unrestricted funds carried forward at the end of the year amounted to £23,611 (2024: £33,444).
Investment policy and objectives
The council of management have the power to invest in such assets as they see fit.
Reserves policy
Itisthepolicyofthecharitytomaintainfreereserves,whicharetheunrestrictedfundsofthecharity,excludingthoseused to
purchase fixed assets, at a level as to provide sufficientfunds to cover operatingcosts in the short term and to respond to situations
arising throughout the year .
Attheendofthereportingperiod,totalfundsheldwere£23,601(2024:£33,444),whichincludes£7,189(2024:£9,154) fixed
assets, leaving a free reserves surplus of £16,422 (2024: £ 24,290).
Page 3
WEST WIGHT NURSERY (REGISTERED NUMBER: 06398420)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,itsMemorandumandArticlesofAssociation,andconstitutesa limited
company,limitedbyguarantee,asdefinedbytheCompaniesAct2006.Thecharitywasincorporatedon15October2017 and
commenced operating on 1 November 2008.
Membersguarantee,if the charityis dissolvedwhilethey are a memberor withintwelvemonthsof them ceasingto be a member,
to pay £10 towards the payment of the debts and liabilities of the company incurred before they ceased to be a member.
Recruitment and appointment of new trustees
Thetrustees,whohaveservedduringtheyear,andsincetheyearend,aresetoutonpage2oftheaccounts.Trustees are
appointedby the board of trusteesand must retire at the next annual generalmeeting,when they may put themselvesforward for
reappointment.Thetrusteesretirebyrotation.TheBoardhastheresponsibilityforestablishingpolicy.Deliveryofthese policy
decisions is the responsibility of the Board and the Committee members.
Risk management
Thecharityhascarriedoutariskreviewtoconfirmthatsystemshavebeenestablishedinorderthatthenecessarystepscan be
taken to reduce these risks.
Approved by order of the board of trustees on 30 July 2026 and signed on its behalf by:
Mr L J Brett-Hill - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WEST WIGHT NURSERY (REGISTERED NUMBER: 06398420)
Independent examiner's report to the trustees of West Wight Nursery ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsiblefor the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Actand are
eligibleforindependentexamination,I reportin respectofmy examinationofyourcharity'saccountsas carriedout under Section
145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbythe Charity
Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.IcanconfirmthatI am
qualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountantsinEnglandand Wales,
which is one of the listed bodies.
I have completedmy examination.I confirmthat no mattershave cometo my attentionin connectionwith the examination giving
me cause to believe:
1. 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 concernsand have come across no other mattersin connectionwith the examinationto which attentionshould be drawn
in this report in order to enable a proper understanding of the accounts to be reached.
G Kelly
The Institute of Chartered Accountants in England and Wales
Bright Brown Limited
Isle of Wight
Date: .............................................
Page 5
WEST WIGHT NURSERY
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,216
Charitable activities
Nursery
345,997
Other trading activities
2
35
Investment income
3
7
Total
352,255
EXPENDITURE ON
Charitable activities
Nursery
362,088
NET INCOME/(EXPENDITURE)
(9,833)
RECONCILIATION OF FUNDS
Total funds brought forward
33,444
TOTAL FUNDS CARRIED FORWARD
23,611 |
Restricted
funds
£
-
-
-
-
-
-
-
-
- |
2025
Total
funds
£
6,216
345,997
35
7
352,255
362,088
(9,833)
33,444
23,611 |
2024
Total
funds
£
7,150
367,219
3,600
7 |
|
|
|
377,976 |
|
|
|
366,841 |
|
|
|
11,135
22,309 |
|
|
|
33,444 |
The notes form part of these financial statements
Page 6
WEST WIGHT NURSERY (REGISTERED NUMBER: 06398420)
BALANCE SHEET
31 OCTOBER 2025
Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
12
Unrestricted funds
TOTAL FUNDS |
2025
£
7,189
16,720
43,037
59,757
(43,335)
16,422
23,611
23,611
23,611
23,611 |
2024
£
9,154
9,558
50,028 |
|
|
59,586
(35,296) |
|
|
24,290 |
|
|
33,444 |
|
|
33,444 |
|
|
33,444 |
|
|
33,444 |
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
31 October 2025.
Themembershavenotrequiredthe companytoobtainan auditofits financialstatementsforthe yearended 31 October2025 in
accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)ensuringthatthecharitablecompanykeepsaccountingrecordsthatcomplywithSections386and387ofthe Companies
Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financialstatementshave been prepared in accordancewith the provisionsapplicableto charitablecompaniessubjectto the
small companies regime.
Thefinancialstatementswereapprovedby theBoardofTrusteesandauthorisedforissueon30July2026andweresignedon its
behalf by:
Mr L J Brett-Hill - Trustee
The notes form part of these financial statements
Page 7
WEST WIGHT NURSERY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthe charitablecompany,whichis a publicbenefitentityunder FRS 102,havebeen prepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
andRepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshave been
prepared under the historical cost convention.
Changes in accounting policies
In past year'saccountsincomerecievedfor nursery carefromthe localauthorityhas been shownwithinvoluntary income
as part of donations and legacies.
This year this incomehas now been shown within charitableactivitiesas nursery incomewhich better reflectsthe nature of
thisincome.in orderfortheaccountstoremaincomparablethecomparativeperiodhas alsobeenrestatedtoreflect this
change.
There is no effect on reserves at 1 November 2024 as a result of this change.
Income
All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable
that the income will be received and the amount can be measured reliably.
Donations, grants and gifts are recognised when receivable.
Nursery fees whether recieveddirectlyfrom parents or guardians,or through the localauthorityare recognisedin line with
nurserycareprovided,Debtorsarerecognisedwherecarehasbeenprovidedandpaymenthasnotyetbeen recieved,
whilstdeferredincomeisrecognisedwithincreditorswherepaymentsisrecievedinadvanceofthecarebeing provided.
Income is time apportioned where payment covers a period relating to both before and after the accounting period.
Expenditure
Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery- Straight line over 10 years
Computer equipment- Straight line over 4 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
WEST WIGHT NURSERY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025
2. OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Room hire |
35 |
3,600 |
INVESTMENT INCOME |
|
|
|
2025 |
2024 |
|
£ |
£ |
Interest received |
7 |
7 |
NET INCOME/(EXPENDITURE) |
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
1,965 |
1,966 |
3. INVESTMENT INCOME
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2025norfortheyear ended
31 October 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
Nursery practitioners
Site manager/cleaner
Administration
Manager |
2025
15
3
1
1
20 |
2024
18
3
1
1 |
|
|
23 |
No employees received emoluments in excess of £60,000.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,650
Charitable activities
Nursery
367,219
Other trading activities
3,600
Investment income
7
Total
376,476 |
Restricted
funds
£
1,500
-
-
-
1,500 |
Total
funds
£
7,150
367,219
3,600
7
377,976 |
|
|
|
continued...
Page 9
WEST WIGHT NURSERY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025
7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
funds
£
£
EXPENDITURE ON
Charitable activities
Nursery
365,341
1,500
NET INCOME
11,135
-
RECONCILIATION OF FUNDS
Total funds brought forward
22,309
-
TOTAL FUNDS CARRIED FORWARD
33,444
-
8.
TANGIBLE FIXED ASSETS
Plant and
Computer
machinery
equipment
£
£
COST
At 1 November 2024 and 31 October 2025
17,102
3,580
DEPRECIATION
At 1 November 2024
8,596
2,932
Charge for year
1,658
307
At 31 October 2025
10,254
3,239
NET BOOK VALUE
At 31 October 2025
6,848
341
At 31 October 2024
8,506
648
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade debtors
16,720
Prepayments and accrued income
-
16,720 |
Total
funds
£
366,841 |
|
11,135
22,309 |
|
33,444 |
|
Totals
£
20,682
11,528
1,965
13,493
7,189
9,154
2024
£
4,784
4,774
9,558 |
continued...
Page 10
WEST WIGHT NURSERY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses |
2025
£
2,071
4,086
35,070
2,108
43,335 |
2024
£
4,983
1,697
26,448
2,168 |
|
|
35,296 |
11.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
fund
£
Fixed assets
7,189
Current assets
59,757
Current liabilities
(43,335)
23,611
12.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
2025
2024
Restricted
Total
Total
funds
funds
funds
£
£
£
-
7,189
9,154
-
59,757
59,586
-
(43,335)
(35,296)
-
23,611
33,444
Net
At
movement
At
1.11.24
in funds
31.10.25
£
£
£
33,444
(9,833)
23,611
33,444
(9,833)
23,611
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
352,255
(362,088)
(9,833)
352,255
(362,088)
(9,833)
Net
At
movement
At
1.11.23
in funds
31.10.24
£
£
£
22,309
11,135
33,444
22,309
11,135
33,444 |
2024
Total
funds
£
9,154
59,586
(35,296) |
|
|
33,444 |
|
|
|
|
|
33,444 |
continued...
Page 11
WEST WIGHT NURSERY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Holiday Club
TOTAL FUNDS |
Incoming
resources
£
376,476
1,500
377,976 |
Resources
Movement
expended
in funds
£
£
(365,341)
11,135
(1,500)
-
(366,841)
11,135 |
Resources
Movement
expended
in funds
£
£
(365,341)
11,135
(1,500)
-
(366,841)
11,135 |
|
|
|
11,135 |
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2025.
14. GOING CONCERN
Attheyearendthecharityhelddeferredincomeof£34,115,inrespectoftheautumnterm,whichisshown within
creditorson the balancesheet.Thisamountis not recognisedas incomein the accountsbecauseit relatesto nursery care
that will be provided after the year end, however it is not an amount that will be paid out of the charity in the new year and
in fact it will be recognised as income in next years accounts providing a baseline of funds at the year end.
Predicted attendanceinto the new year remains steady and with a move to more funded hours this year the majorityof this
incomeis nowrecievedfromthe localauthority.Paymentoftheseamountsis madethreetimesa year,withthe majority
paid in advanceof the term,creatinga reliablesourceof incomefor the charity.As such the trusteesfeel the charityis in a
positionto generatesufficientcash to meet its obligationsas they fall due for a period of at least 12 monthsfromthe date
of signing these financial statements.
Basedontheabovethetrusteesaresatisfiedthatthecharityhasadequateresourcestocontinuetooperatefor the
foreseeablefuture,andforthisreasontheycontinuetoadoptthegoingconcernbasisforpreparingthese financial
statements.
Page 12
WEST WIGHT NURSERY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations and grants
Other trading activities
Room hire
Investment income
Interest received
Charitable activities
Miscellaneous income
Nursery income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone and internet
Postage and stationery
Activities
Travel
Repairs and renewals
Staff training
Subscriptions
Purchases
Depreciation of tangible fixed assets
Bank interest
Support costs
Governance costs
Independent examiner's fees
Payroll
Total resources expended
Net (expenditure)/income |
2025
£
6,216
35
7
-
345,997
345,997
352,255
291,438
10,852
4,491
4,122
10,335
2,800
196
3,143
13
8,757
658
3,156
15,279
1,966
1,478
358,684
2,110
1,294
3,404
362,088
(9,833) |
2024
£
7,150
3,600
7
144
367,075 |
|
|
367,219 |
|
|
377,976
293,817
10,348
4,551
3,935
14,554
3,209
12
5,474
35
6,295
707
2,375
15,062
1,966
1,054 |
|
|
363,394
1,941
1,506 |
|
|
3,447 |
|
|
366,841 |
|
|
11,135 |
This page does not form part of the statutory financial statements
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