``` 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 ``` ``` Page 13 ```