OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-08-31-accounts

Registered number: 06784276 Charity number: 1129046

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

BOWS AND ARROWS

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the company, its Trustees and advisers 1
Trustees' report 2 - 11
Independent auditors' report on the financial statements 12 - 15
Statement of financial activities 16
Balance sheet 17 - 18
Statement of cash flows 19
Notes to the financial statements 20 - 38

BOWS AND ARROWS

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

Trustees S Greenacre, Trustee
C Atkins, Trustee
K Taylor, Chair
B Ramsey, Trustee (resigned 31 October 2024)
L Wilson, Trustee
F Darvill, Trustee (appointed 19 September 2024)
B Grimwood, Trustee (appointed 30 May 2025)
C Mawson, Trustee (appointed 19 September 2024, resigned 25 November 2025)
Company registered
number
06784276
Charity registered
number
1129046
Registered office
Wigwams Nursery
Whitton Church Lane
Ipswich
Suffolk
IP1 6LW
Chief executives
Anne Denny
Independent auditors
Larking Gowen LLP
Chartered Accountants
1 Claydon Business Park
Great Blakenham
Ipswich
IP6 0NL
Bankers
Lloyds Bank Plc
PO Box 4
13 Cornhill
Ipswich
IP1 1DG
Solicitors
Gotelee Solicitors LLP
Elm Street
Ipswich
IP1 2AY

Page 1

BOWS AND ARROWS (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees, who are also Directors of the Charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 31 August 2025. The accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's Articles of Association, the Companies Act 2006 and “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)”.

The annual report serves the purposes of both a Trustees’ report and a Directors’ report under company law.

Since the company qualifies as small under Section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director’s Report) Regulations 2013 is not required.

The information on page 1 forms part of this report.

Our Goal

Bows & Arrows envisions a future in which all children—irrespective of race, culture, socioeconomic background, or ability—can thrive within high-quality, affordable childcare that places the needs of families at its core. Our purpose is to enable children to achieve their full potential as resilient, capable, and inquisitive individuals, nurtured through an environment of warmth, respect, and meaningful engagement. We recognise the vital role that nature and outdoor experiences play in supporting children’s physical and mental wellbeing. Furthermore, we place a strong emphasis on social and emotional development, fostering the skills and confidence necessary for lifelong learning and wellbeing.

Public Benefit

The Trustees confirm that they have complied with the duty set out in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit, including its supplementary guidance on charitable educational establishments and the advancement of education. Our principal activity is the operation of full daycare nurseries. Bows & Arrows provides high-quality early years education and care in settings located to support some of the most disadvantaged families in Ipswich. We serve a significant number

Page 2

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

of children with additional needs, children for whom English is an additional language, and children identified as being in need or at risk.

ACHIEVEMENT AND PERFORMANCE

Key Achievement and Performance Measures 2022 - 2025

----- Start of picture text -----
Measure Description FY22/23 FY23/24 FY24/25
1 Number of Number of Ofsted registered nurseries 7 7 7
nurseries in the group
2 Outstanding Percentage of inspected nurseries 66% 71% 100%
nurseries judged outstanding by Ofsted
3 Registered Total number of children enrolled for 650 715 836
children 12 months period
4 Capacity Childcare places available across all 316 329 297
nurseries as of 1 [st] September
5 Occupancy Average occupancy for the period 46% 47% 50%
6 Employees Total number of employed staff as of 100 108 114
1 [st] September
7 Employee Percentage of respondents who agreed 92% 95% 98%
satisfaction or strongly agreed they were “happy
working at Bows & Arrows” from the
annual staff survey
8 Parent enquiries Number of people who contacted us 708 1024 908
for a childcare place for the period
9 Parent satisfaction Percentage of respondents who said 97% - 97%
they were “overall satisfied with their
nursery” from the annual parent survey
10 Deprived children Percentage of children with Income 48% 44% 66%
IDACI Deprivation Affecting Children Index
funding (circa 19% nationally)
11 Children with Percentage of children with Early Years 25% 27% 30%
EYPP Pupil Premium funding (circa 14%
nationally)
12 Disadvantaged 2 Percentage of children with 23% 27% 18%
year olds disadvantaged 2-year-old funding
----- End of picture text -----

Bows and Arrows charitable objects are to advance the education and development of young children, in particular in the borough of Ipswich, Suffolk, and in so doing:

  1. offer appropriate learning experiences and play facilities;

  2. ensure that our nurseries offer opportunities for all children whatever their race, culture, means or ability;

  3. encourage parents to become involved in the activities of the nursery;

  4. signpost families to additional support in the best interests of children attending the setting.

During the period, we continued to achieve the Charitable Objects in the following ways:

1- offered appropriate learning experiences and play facilities

Registered Settings

The Children’s Triangle Nursery closed in July 2024. Operating from the same premises but registered with Ofsted as a new provision, The Nest Nursery opened on 6 January 2025. This transition has led to significant improvements in leadership, staffing, and consequently the overall quality of education and care provided.

Page 3

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

In late 2024, Bows and Arrows expressed interest in acquiring the lease for Treehouse Nursery , and shortly thereafter, the landlords—Suffolk County Council—offered us a 25-year lease for the premises. On 27th May 2025, the children and staff from Ravenswood Nursery successfully relocated to the newly named Oak Wood Nursery (formerly Treehouse Nursery ), and Bows and Arrows surrendered the lease for Ravenswood Nursery.

At the same time, Bows & Arrows was awarded Department for Education Capital Funding to develop Oak Wood Forest School in the rear garden of the site, an area of approximately 3,000 sqm. Oak Wood Forest School was built in summer 2025. This development has provided children with significantly enhanced outdoor learning opportunities and a secured dedicated woodland space for permanent forest school sessions. The location of Oak Wood Nursery and Forest School is particularly advantageous, situated within a deprived neighbourhood where our presence can offer meaningful support to children and families most in need—fully aligning with our strategic vision.

Educational Standards

We operated early education and childcare from seven Ofsted registered settings. During 2025, we had a “hat trick” of Outstanding Ofsted gradings following inspections at three nurseries, a notable achievement that emphasises our ability to offer high quality early education and care.

----- Start of picture text -----
Nursery Location Ofsted Grading
Buttons & Bows Nursery Aster Road, Ipswich Outstanding (2025)
Wigwams Nursery Whitton Church Lane, Ipswich Outstanding (2025)
Little Learners Nursery Hogarth Road, Ipswich Outstanding (2025)
Wellington Nursery Chevallier Street, Ipswich Outstanding (2023)
Forest Learners Nursery Hogarth Road, Ipswich Outstanding (2024)
Oak Wood Nursery Clapgate Lane, Ipswich First Inspection Awaited
The Nest Nursery Pauls Road, Ipswich First Inspection Awaited
----- End of picture text -----

Page 4

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

2 - ensured that our nurseries offer opportunities for all children whatever their race, culture, means or ability

Bows and Arrows continued to provide a warm and welcoming environment that celebrates diversity and inclusion. We used accessible resources, adapted our teaching strategies, and built strong partnerships with families and the wider community to ensure a holistic and integrated approach to inclusive practice. Our nurseries are purposefully located in areas of deprivation, enrolling many children from disadvantaged and diverse backgrounds, including families on low incomes. Operating in these communities is a deliberate choice—our mission is to reach and support those who need us most.

All families are given the opportunity to benefit from our services without unnecessary cost or restriction. Specifically:

To increase access to high-quality childcare, we expanded our capacity this year. This was achieved by operating Oak Wood Nursery and Forest School from larger premises and by extending the opening hours at The Nest Nursery. These changes created additional childcare places, enabling more families to benefit from our services.

To further support families on low incomes, we partnered with FareShare, the UK’s largest charitable food redistributor. Through this partnership, we received good-quality surplus food from the food industry and provided it free of charge to our children and their families each week.

3 - encouraged parents to become involved in the activities of the nursery

We actively promoted parental involvement through regular communication and meaningful opportunities for participation. Families were encouraged to share their skills, volunteer at events, and take part in activities such as our popular “Stay and Play” sessions. Across our nurseries, we hosted a variety of family-focused events, including school leavers’ celebrations, summer fetes, storytelling sessions, and allotment days.

Our dedicated team of Family Support Practitioners (FSPs) played a key role in strengthening family engagement. Families consistently tell us that the FSP team makes a real difference—offering guidance, signposting to services, and providing direct support that helps children make accelerated progress in their learning and development.

We recognise that learning extends beyond the nursery environment and continues at home. By offering home visits, we involved parents right from the very start of their child’s journey with us.

To ensure we continually meet the needs of our families, we regularly conduct parent surveys to gather feedback on their experiences, views, and use of our childcare and early years provision. The insights we gain help us understand family preferences, expectations, and satisfaction levels. Families consistently express how much they value our services and the quality of our childcare offer.

The Bows and Arrows Board of Trustees includes parents who offer valuable insight into how policies and practices affect families, ensuring a direct channel for parental perspectives.

Page 5

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

4 - signposted families to additional support in the best interests of children attending the setting

We communicated regularly with families and actively involve them in decisions about the support their children receive. Speech, Language and Communication Needs (SLCN) are currently the most common and growing area of need within our nurseries.

To ensure children and families receive the right help, we sensitively signposted parents and carers to relevant services, including:

Our Family Support Practitioners (FSPs) assess each family’s individual circumstances, working collaboratively with them to create tailored plans and connect them to suitable universal or targeted services. FSPs are skilled at building trusting relationships, identifying needs, and drawing on local resources—such as the Local Offer and specialist services—to ensure families receive the most effective support.

Strategic Progress

The charity’s adopted a new strategic plan for the period 2024 – 2026. The plan aims to improve the financial and educational performance of the organisation.

----- Start of picture text -----
Improved Financial Performance (to operate Progress made to date
financially viable nurseries and to maintain
company reserves)
Grow group occupancy by +10% Full Time Equivalent occupancy has increased by 8%
from 161 in 2024 to 174 in 2025. Due to expansion,
percentage occupancy has been consistent at circa
50% for the period
Improved financial management through more Strategic decisions regarding the relocation, closure,
accountability, control and strategizing and opening of nurseries have had short-term
financial impacts but are expected to deliver long-
term financial benefits. These changes have also led
to significant improvements in the quality of
education and care. The company continues to
maintain VAT exemption, and the group is operating
in surplus. Increased focus has been placed on
financial monitoring and analysis to support
sustainable performance.
Maintain current reserves level (£500k) by end of The company reserves level has been increased
period from £500,000 to £750,000. Reserves on 31 August
2025 are £730,847.
----- End of picture text -----

Page 6

(A company limited by guarantee)

BOWS AND ARROWS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

----- Start of picture text -----
Improved educational performance (to ensure all Progress made to date
children achieve exceptional outcomes)
To improve and deliver high quality methods of We employed 31 Apprentices and provided
teaching supplementary training to develop their skills.
Leaders visited Reggio Emilia, Italy and Tampere,
Finland to study international perspectives on early
education and improve teaching practices.
To strengthen and upskill existing staff members In 2025 we launched tailored twilight sessions for
knowledge and practice through tailored in-house existing staff, designed to either narrow the
training programmes and coaching alongside knowledge gap or introduce new skills to long-
external sources standing team members. We commenced an
internal Manager Mentorship Scheme in which
employees who need additional input or mentorship
get additional focused support from a Nursery
Manager for up to four sessions.
Solidify and extend the ‘family offer’ with further Plans are in place to add a fourth FSP to the team
development of the family support practitioner commencing January 2026, the FSP will be based at
programme, reach and input Oak Wood Nursery and Forest School.
----- End of picture text -----

Going Concern

The Trustees have reviewed forecasts for the rest of the financial year and further considered the forecast surplus for the twelve months following approval of these accounts. Reforecasting is undertaken regularly as expected future occupancy levels change. The Trustees have also considered the current financial position of the Charity.

Therefore, after making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Financial Position

The results for the year, and the charity’s financial position at the end of the year, are shown in the attached financial statements. Bows & Arrows recorded a surplus of £261,986 from operating activities in the period to 31st August 2025.

Recent changes in the UK government's policy on childcare for working families has been influential on occupancy and demand for childcare. From September 2024 working parents of 9-month-olds were eligible for 15 hours of funded early education per week for 38 weeks a year and from September 2025 working parents of children under the age of five are eligible for 30 hours of government-funded childcare per week. The expansion of funded childcare is improving our financial performance through increased income from government funding and higher demand from parents. .

Significant Financial Risks

Recruitment and Retention - The market for highly qualified educators is increasingly competitive, and our ability to serve families depends on attracting and retaining the right people. Any slowdown in recruitment would directly constrain admissions and, consequently, income. To address this challenge, we have employed a talent pipeline of more than 30 Apprentices to cultivate and retain our own future educators.

Cybersecurity and Financial Integrity - Cyberattacks and financial disruptions caused by suspicious activity or fraud continue to pose significant and growing threats. In response, we have implemented proactive management practices and strengthened security measures to mitigate these risks.

Page 7

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Reserves policy

Bows & Arrows holds reserves:

  1. To protect the continuity of the charity’s work in the event of any sudden, enforced cessation in trading e.g. loss of registration, force majeure, or withdrawal of grant funding from Suffolk County Council. On 31 August 2025, this level should be £550,000.

  2. To maintain assets when required. On 31st August 2025 this figure should be £100,000.

  3. To provide the capital to deliver our strategic plan. These are 'opportunistic reserves', set aside to enable the charity to evolve and take advantage of strategic development opportunities. On 31st August 2025, this level is £100,000.

This is a total of £750,000.

By dividing the reserves into these levels, the charity is confident that it has considered all the different risks that the charity may face and has adequate money in reserve to deal with them.

As at 31 August 2025, our total reserves stand at £1,621,154, of which £730,847 are free reserves (general reserves and restricted funds excluding capital). We also hold £90,000 in designated funds for planned projects agreed with each nursery. We are close to our target reserves level and, based on forecasts for the next 12 months, do not anticipate any issues in maintaining this position.

Principal funding sources

The principal source of funding is the Early Education Funding. provided by the local authority, Suffolk County Council. The Council oversee the use of the funds and periodically undertake funding audits to check the funds have been spent appropriately. We also receive a significant income from nursery fees, i.e. money paid to the nurseries by families or other sponsors.

Fundraising Regulator

In the year, fundraising represented 0.5% income. The Charity is committed to good fundraising practice and follows the Code of Fundraising Practice. No complaints have been registered against the Charity during the year under review.

Investments

The charity has no investments.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

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

Organisational Structure & Decision Making

Bows and Arrows is a registered charity and a company limited by guarantee and a non-profit making organisation. We are governed by a Board of Trustees. Trustees are appointed from our client base of parents, representatives from the local community, or representatives from partner organisations. Our Articles of Association state that “when complete, the Trustees consist of at least three, and not more than 10 individuals”.

Page 8

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The board of trustees requires breadth and depth of experience to carry out its duties effectively and efficiently. A trustee’s most important attribute is the passion for the work that the nurseries undertake. Where possible the charity considers that the skills and experience of the board should comprise the following:

The trustees meet four times a year, with additional meetings as necessary. The Board is responsible for strategic direction, for ensuring proper governance of Bows & Arrows activities and for risk. A Chief Executive Officer is appointed by the trustees to manage the day-to-day operations of the charity. The Board expects the Chief Executive Officer to take both strategic and operational decisions based on the budget and delegated authorities. The Board expects that all decision making will be within Bows & Arrows objectives and policies.

Methods of appointment or election of Trustees

From time to time, the Trustees together with the Chief Executive consider the leadership skills that would benefit the charity. Accordingly, they will seek to recruit new Trustees – wheresoever possible, from families connected to the charity.

Key management salaries

Pay at all levels is set in line with the organisational pay structure. Pay for the Chief Executive is decided by the Board.

Risk management

The Trustees take a prudent approach to risk management, aiming to identify, anticipate, and mitigate any significant threats to our operations. Risks are reviewed regularly at both Trustee and management meetings, with formal risk assessments conducted on a routine basis. Each year, the Trustees evaluate the key risks within each service area and review the planned control measures in place. This proactive and structured approach has proven effective in minimising significant risks to the organisation and the individuals who use its services.

Plans for future periods

Page 9

BOWS AND ARROWS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Trustees' responsibilities in relation to the financial statements

The trustees (who are also the directors of Bows and Arrows 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).

Company law requires the trustees to prepare financial statements for each financial year which 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 year. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;

state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements; observe the methods and principles in the Charity SORP;

make judgements and estimates that are reasonable and prudent; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees have overall responsibility for ensuring that the charity has appropriate systems of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006 and the Statement of Recommended Practice, “Accounting and Reporting by Charities”. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

The charity is operating efficiently and effectively; Its assets are safeguarded against unauthorised use or disposition;

Proper records are maintained and financial information used within the charity or for publication is reliable; and The charity complies with relevant laws and regulations.

In accordance with company law, as the company’s directors, we certify that:

so far as we are aware, there is no relevant information of which the company’s auditors are unaware; and as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information.

Page 10

BOWS AND ARROWS (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

Auditors

The auditors, Larking Gowen LLP, have indicated their willingness to continue in office.

The Trustees report was approved by order of the Board of Trustees, as the company directors and signed on its behalf by:

................................................ Mr S Greenacre Trustee

Date: 21 January 2026

Page 11

BOWS AND ARROWS

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BOWS AND ARROWS

Opinion

We have audited the financial statements of Bows and Arrows (the 'charitable company') for the year ended 31 August 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Larking Gowen has assisted with year end reconciliations. This service is covered by exemptions in the FRC Ethical Standard in paragraph 6.11 and 6.15, applying to audits of Small Entities.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Page 12

BOWS AND ARROWS

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BOWS AND ARROWS (CONTINUED)

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Page 13

(A company limited by guarantee)

BOWS AND ARROWS

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BOWS AND ARROWS (CONTINUED)

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Due to the field in which the Charity operates, we identified the following areas as those most likely to have a material impact on the financial statements: health and safety; GDPR, safeguarding, serious incident reporting and compliance with the financial UK Companies Act.

Our approach to identifying and assessing the risk of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Page 14

BOWS AND ARROWS

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BOWS AND ARROWS (CONTINUED)

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Giles Kerkham FCA DChA (Senior statutory auditor)

for and on behalf of Larking Gowen LLP Chartered Accountants Statutory Auditors 1 Claydon Business Park Great Blakenham Ipswich IP6 0NL

Date: 6 March 2026

Page 15

BOWS AND ARROWS

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025

Note
Income from:
Donations and grants
4
Nursery education
5
Investments
6
Total income
Expenditure on:
Nursery education
Total expenditure
Net income
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2025
£
288,002
-
-
288,002
251,846
251,846
36,156
(622,895)
(586,739)
673,964
(586,739)
87,225		 Unrestricted
funds
2025
£
26,471
2,720,920
10,091
2,757,482
2,531,652
2,531,652
225,830
622,895
848,725
685,204
848,725
1,533,929		 Total
funds
2025
£
314,473
2,720,920
10,091
3,045,484
2,783,498
2,783,498
261,986
-
261,986
1,359,168
261,986
1,621,154		 Total
funds
2024
£
221,006
2,107,216
551
2,328,773
2,158,312
2,158,312
170,461
-
170,461
1,188,707
170,461
1,359,168

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 20 to 38 form part of these financial statements.

Page 16

BOWS AND ARROWS (A company limited by guarantee) REGISTERED NUMBER: 06784276

BALANCE SHEET AS AT 31 AUGUST 2025

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
13
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
15
Unrestricted funds
Designated funds
15
General funds
15
Total unrestricted funds
15
Total funds		 44,117
929,240
973,357
(152,510)
825,973
707,956		 2025
£
800,307
800,307
820,847
1,621,154
1,621,154
87,225
1,533,929
1,621,154		 24,132
696,313
720,445
(109,683)
-
685,204		 2024
£
748,406
748,406
610,762
1,359,168
1,359,168
673,964
685,204
1,359,168

Page 17

BOWS AND ARROWS

(A company limited by guarantee) REGISTERED NUMBER: 06784276

BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................ Mr S Greenacre Trustee Date: 21 January 2026

The notes on pages 20 to 38 form part of these financial statements.

Page 18

BOWS AND ARROWS

(A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025

Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Interest received
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 20 to 38 form part of these financial statements		 2025
£
302,448
323
(79,935)
10,091
(69,521)
-
232,927
696,313
929,240		 2024
£
188,754
11,904
(12,200)
551
255
-
189,009
507,304
696,313

Page 19

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. General information

Bows and Arrows is a company, limited by guarantee and has no share capital, incorporated in England and Wales, registration number 06784276. The registered office is Wigwams Nursery, Whitton Church Lane, Ipswich, Suffolk, IP1 6LW.

2. Accounting policies

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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Bows and Arrows 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.

The financial statements are prepared in Sterling and rounded to the nearest £.

2.1 Going concern

The Trustees have reviewed forecasts for the rest of the financial year and further considered the forecast surplus for the twelve months following approval of these accounts. Reforecasting is undertaken regularly as expected future occupancy levels change. The Trustees have also considered the current financial position of the Charity.

Therefore, after making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

2.2 Legal status of the Charity

The Charity is a company by limited guarantee and has no share capital. Each of the members has undertaken to contribute an amount not exceeding £10 towards the assets of the company in the event of the same being wound up , while he or she is a member, or within one year after he or she ceases to be a member, and the assets being insufficient to cover the company's debts and liabilities.

Page 20

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full Statement of Financial Activities when receivable. Grants, where entitlement is conditional on the delivery of specific performance by the Charity, are recognised when the Charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the Charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.

Investment income is included when receivable.

Income from charitable activities are accounted for when earned.

Income from grants, where related to performance and specific deliverables, are accounted for as the Charity earns the right to consideration by its performance.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis under the following headings:

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the audit fees and costs linked the the strategic management of the Charity.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of resources. Costs relating to these are allocated directly. Other costs such as governance costs are apportioned on an appropriate basis e.g. by revenue generated.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

Page 21

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.6 Taxation

The company 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 company 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.

2.7 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following bases:

Long-term leasehold property - over the lower of either the term of the lease or 50 years Fixtures, fittings & equipment - 10% on cost

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Page 22

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.11 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Operating leases

Rental paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term.

2.13 Pensions

The pension costs charged in the accounts represent the contributions payable by the Charity during the year.

2.14 Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense unless those costs are required to be recognised as a part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.15 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Critical accounting estimates and areas of judgment

In application of the accounting policies, the trustees are required to make judgements and estimates. The items in the financial statements where these judgements have been made include Tangible Fixed Asset useful economic life and impairment and bad debt provision. Neither of these are significant judgements or estimates.

Page 23

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

4. Income from donations and grants

5.

Restricted
funds
2025
Unrestricted
funds
2025
£
£
Donations
-
9,748
Grants
288,002
16,723
288,002
26,471
Restricted
funds
2024
Unrestricted
funds
2024
£
£
Donations
-
11,928
Grants
201,398
7,680
201,398
19,608
Income from charitable activities
Unrestricted
funds
2025
Total
funds
2025
£
£
Fees receivable
741,133
741,133
Hot meals and consumable charges
79,152
79,152
Early education grants
1,900,635
1,900,635
2,720,920
2,720,920		 Total
funds
2025
£
9,748
304,725
314,473
Total
funds
2024
£
11,928
209,078
221,006
Total
funds
2024
£
864,791
70,296
1,172,129
2,107,216

Page 24

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

6. Investment income

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Interest receivable 10,091 10,091 551

7. Analysis of expenditure by activities

Activities in furtherance of nursery education
Activities in furtherance of nursery education		 Activities
undertaken
directly
2025
£
2,189,844
Activities
undertaken
directly
2024
£
1,718,234		 Support
costs
2025
£
593,654
Support
costs
2024
£
440,078		 Total
funds
2025
£
2,783,498
Total
funds
2024
£
2,158,312

Page 25

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Depreciation
Cleaning
Hot meals & snacks
Nursery resources
Marketing
Fundraising expenditure
DAF
EY pupil premium
SENDCO
Resources
Training
Deprivation		 Total
funds
2025
£
1,913,626
27,711
34,272
68,902
34,168
5,140
7,496
12,125
6,109
502
43,732
30,033
6,028
2,189,844		 Total
funds
2024
£
1,445,645
24,512
36,462
46,516
40,893
125
10,344
8,999
1,970
932
92,043
9,793
-
1,718,234

Page 26

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Activities
2025
£
Rent
57,217
Cleaning
10,765
Rates
4,248
Light & heat
18,891
Maintenance
86,539
Insurance
3,225
Staff discounts
27,352
Telephone
13,847
Computer & IT costs
12,384
Travel & coach hire
13,189
Recruitment
99
DBS checks
2,740
Bad debts
(37)
Occupational health
2,526
Staff welfare
4,139
Bank charges
75
Staff costs
271,329
Disposal of assets
(8)
Governance costs
65,134
593,654
8.
Auditors' remuneration
Fees payable to the company's auditor for the audit of the company's
annual accounts
Fees payable to the company's auditor in respect of:
All non-audit services not included above		 Total
funds
2025
£
57,217
10,765
4,248
18,891
86,539
3,225
27,352
13,847
12,384
13,189
99
2,740
(37)
2,526
4,139
75
271,329
(8)
65,134
593,654
2025
£
15,150
2,950		 Total
funds
2024
£
53,440
7,883
3,430
12,769
24,080
13,805
-
9,464
13,090
7,512
2
1,800
2,906
2,941
784
-
218,777
11,672
55,723
440,078
2024
£
14,310
1,495

Page 27

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
1,737,541
146,863
29,222
1,913,626		 2024
£
1,328,393
92,213
25,039
1,445,645

Redundancy payments amounted to £Nil for the year (2024: £9,875).

The average number of persons employed by the company during the year was as follows:

Management
Support		 2025
No.
12
109
121		 2024
No.
7
97
104

No employee received remuneration amounting to more than £60,000 in either year.

The remuneration of key management for the year was £136,759 (2024: £113,694).

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 August 2025, no Trustee expenses have been incurred (2024 - £NIL) .

Page 28

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

11. Tangible fixed assets

Cost or valuation
At 1 September 2024
Additions
Disposals
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
On disposals
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
Land and buildings comprise long leasehold properties.
12.
Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 Land &
buildings
£
1,085,178
64,437
-
1,149,615
374,990
21,650
-
396,640
752,975
710,188		 Fixture,
fittings &
equipment
£
101,324
15,498
(360)
116,462
63,106
6,061
(37)
69,130
47,332
38,218
2025
£
8,022
4,827
31,268
44,117		 Total
£
1,186,502
79,935
(360)
1,266,077
438,096
27,711
(37)
465,770
800,307
748,406
2024
£
7,963
4,461
11,708
24,132

Page 29

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

13. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 2025
£
44,625
36,446
6,315
65,124
152,510		 2024
£
15,092
19,891
5,118
69,582
109,683

14. Deferred income

Deferred income at 1 September 2024
Resources deferred during the year
Amounts released from previous periods
Deferred income at 31 August 2025		 2025
£
31,429
29,684
(31,429)
29,684		 2024
£
34,582
31,429
(34,582)
31,429

Deferred income relates to nursery fees received in advance of the Autumn term.

Page 30

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Capital
Future projects
General funds
General Funds
Fundraising
Total Unrestricted funds		 Balance at 1
September
2024
£
-
-
-
685,204
-
685,204
685,204		 Income
£
-
-
-
2,749,350
8,132
2,757,482
2,757,482		 Expenditure
£
-
-
-
(2,522,352)
(9,300)
(2,531,652)
(2,531,652)		 Transfers
in/out
£
735,973
90,000
825,973
(204,246)
1,168
(203,078)
622,895		 Balance at
31 August
2025
£
735,973
90,000
825,973
707,956
-
707,956
1,533,929

Page 31

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds (continued)

Restricted funds
Capital
Deprivation
SENCO
EYPP
DAF
Stronger Practice Hub
Beacon Commodities Hub
Port Community Fund and RJB
Forest School Sessions
Rope Trust
Big Local Trust Community
Masonic Charitable MCF
Other restricted funds
Total of funds		 Balance at 1
September
2024
£
641,166
-
-
-
-
727
701
4,382
2,693
500
14,166
9,629
673,964
1,359,168		 Income
£
73,774
47,237
67,610
35,345
12,500
8,751
1,500
-
87
4,617
-
14,166
22,415
288,002
3,045,484		 Expenditure
£
(27,711)
(47,237)
(67,610)
(35,345)
(12,125)
(8,035)
(439)
(701)
(4,469)
(7,162)
(500)
(11,623)
(28,889)
(251,846)
(2,783,498)		 Transfers
in/out
£
(622,895)
-
-
-
-
-
-
-
-
-
-
-
(622,895)
-		 Balance at
31 August
2025
£
64,334
-
-
-
375
716
1,788
-
-
148
-
16,709
3,155
87,225
1,621,154

Page 32

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds (continued)

The funds held in designated are for projects internally committed to but not spent at year end and fixed assets designated for use in the charity.

The income funds of the Charity include restricted funds comprising the following grants held on trust for specific purposes:

Deprivation

Fund to be used to improve outcomes for children, living in deprived areas, attending our various settings. The money is provided by Suffolk County Council.

Special Education Needs Coordinator (SENCO)

Grants given to nurseries to fund the work of SENCO in supporting children registered at the nurseries who have additional needs. The money is provided by Suffolk County Council.

Early Years Pupil Premium (EYPP)

The Early Years Pupil Premium (EYPP) is additional funding from DfE, via Suffolk County Council, for Early Years providers to help them improve the education they provide for disadvantaged 3- and 4- yearolds.

Disability Access Fund (DAF)

This funding is claimed through Suffolk County Council for each eligible child and is for children whose parents receive Disability Living Allowance.

Stronger Practice hub

Launched in 2022, and one of 18 hubs across the country, the East of England Stronger Practice Hub is part of the Department for Education’s covid recovery package. The hub provides advice, shares good practice and offers evidence-based professional development for early years practitioners across Suffolk, Norfolk and Cambridgeshire. Anne Denny is a hub partner.

Beacon Commodities Fund

This grant relates to a cooking project for a number of the nurseries.

Port Community Fund and RJB

This grant also relates to a cooking project for a number of the nurseries.

Forest Schools Sessions

This grant provides funding for the staffing, travel and resources costs for one of the nurseries.

Rope Trust

This grant allows for family support services to be provided to one of the nurseries. This involves supporting families with their day to day life.

Page 33

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds (continued)

Big Local Trust Community

This grant provides funding for a farm trip for one of the nurseries.

Masonic Charitables MCF

This grant allows for family support services to be provided to one of the nurseries. This involves supporting families with their day to day life.

Expansion grant for Oak Wood

This grant is to build an outdoor forest school which will be used by preschool children.

Other

Other small grants for restricted purposes.

Transfers

£90,000 was transferred from general unrestricted funds to designated funds for future projects internally committed to such as air conditioning, training and equipment.

£113,078 was transferred from general unrestricted funds to designated capital fund for assets held for use in the charity, designated by the charity for a set purpose.

£622,895 was transferred from restricted capital fund to designated capital fund for assets held for use in the charity, designated by the charity for a set purpose, of which there is no restrictions by funder on use of the asset.

Page 34

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds
Fundraising
Restricted funds
Capital
Deprivation
SENCO
EYPP
Locality Grant
IOA-Summer Term Activities
5 to Thrive
Tell Your Story
Stronger Practice Hub
Beacon Commodities Fund
Experts and Mentors Program
Port Community Fund and RJB
Forest Schools Sessions
Rope Trust
Maple Park Priority Area
Early Talk Boost
Big Local Trust Community
Masonic Charitable MCF
Other restricted funds		 Balance at
1 September
2023
£
521,378
1,840
523,218
665,151
-
-
-
266
1
70
1
-
-
-
-
-
-
-
-
-
-
-
665,489		 Income
£
2,159,585
11,928
2,171,513
-
26,864
70,996
23,665
-
-
-
16,226
2,221
9,500
1,998
6,800
4,617
1,275
270
500
14,166
22,300
201,398		 Expenditure
£
(1,995,759)
(13,768)
(2,009,527)
(23,985)
(26,981)
(70,996)
(26,560)
(266)
(1)
(70)
(1)
(16,886)
(1,494)
(9,500)
(1,297)
(2,418)
(1,924)
(1,275)
(270)
-
-
(8,999)
(192,923)		 Transfers
in/out
£
-
-
-
-
117
-
2,895
-
-
-
660
-
-
-
-
-
-
-
-
-
(3,672)
-		 Balance at
31 August
2024
£
685,204
-
685,204
641,166
-
-
-
-
-
-
-
727
-
701
4,382
2,693
-
-
500
14,166
9,629
673,964

Page 35

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

15. Statement of funds (continued)

Total of funds Balance at
1 September
2023
£
1,188,707		 Income
£
2,372,911		 Expenditure
£
(2,202,450)		 Transfers
in/out
£
-		 Balance at
31 August
2024
£
1,359,168

16. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
64,334
735,973
22,891
950,466
-
(152,510)
87,225
1,533,929		 Total
funds
2025
£
800,307
973,357
(152,510)
1,621,154

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2024
£
665,151
8,813
-
673,964		 Unrestricted
funds
2024
£
83,255
711,632
(109,683)
685,204		 Total
funds
2024
£
748,406
720,445
(109,683)
1,359,168

Page 36

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

17. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interests from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operating activities
18.
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
19.
Analysis of changes in net debt
At 1
September
2024
£
Cash at bank and in hand
696,313
696,313		 2025
2024
£
£
261,986
170,461
27,711
24,276
(10,091)
(551)
(19,985)
2,107
42,827
(7,539)
302,448
188,754
2025
2024
£
£
929,240
696,313
929,240
696,313
Cash flows
At 31
August 2025
£
£
232,927
929,240
232,927
929,240

Page 37

BOWS AND ARROWS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

20. Capital commitments

Contracted for but not provided in these financial statements
Enhancement of nursery sites
Oakwood forest school		 2025
£
28,500
34,000
62,500		 2024
£
-
-
-

21. Pension commitments

The Charity operates a group personal pension scheme, the assets of which are held in an independently administered fund. Employer's contributions paid during the year amounted to £29,222 (2024: £25,039).

All staff are allocated to either a nursery setting or a project fund which they work on. Project funds will dictate the charitable activity the employer pension contributions should go against as an expense. All projects are noted as being restricted or unrestricted funds so the project fund allocated for the employee to work on will dictate whether the individual employer pension contributions go against restricted or unrestricted funds.

22. Operating lease commitments

At 31 August 2025 the company had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years		 2025
£
29,229
14,550
19,345
63,124		 2024
£
39,566
15,368
19,706
74,640

Lease payments recognised as an expense during the year were £54,818 (2024: £48,983).

23. Related party transactions

During the year two trustees received childcare services with fees charged of £3,476 (2024: £5,764).

No trustees received a discount on childcare fees (2024: One received £602).

Page 38