Company No. 05850668
Charity No. 1130993
OAK HILL COMMUNITY NURSERY
(Llmlted by Guarante¢)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

OAK HILL COMMUNITY NURSERY
CONTENTS
Pagg
Rgferencg and Admlnlstration Details
Trustees Report
Statement of Trustses. Responsibilities
Ind•p•ndènt Auditor's Report
ststernent of Financial A¢tivitlOS
10
Balance Sheet
11
Cash Flow Statement
12
Notes to th8 Accounts
13-20

OAK HILL COMMUNITY NURSERY
REFERENCE AND ADMINISTRATION DETAILS
Status
Company Limited by Guaranlee No. 05850668
Registered Charity No. 1130993, regislered 6 Augusl 2009
The Company's 9overning documenl is its Memorandum
and Articles of Association
Secretary and Reglstered Offlce:
Denise Slultz
29 Wallbutton Road
Brockley
London
SE4 2NX
Trustees:
Denise Stu112
John Fowler
Sandra M2rgolies
Gwenlian Evans
Calherine Braganza
Key Management:
Nursery Manager:
Deputy Manager:
Paula Lane
Samantha Cordwell
Auditor:
Azets Audit servI￿s
Chartered Accountanls
2nd Floor
Regis House
45 King William st￿et
London
EC4R 9AN
Bankers:
National Westminster Bank plc
87 Sidcup High Street
Sidcup
Kent
DA14 6DL

OAK HILL COMMUNITY NURSERY
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Truslees present their report and the audited financial statements of the charity for the year ended 30 September
2024. The trustee5 have adopted th8 provisions of the Statement of Recommended Practice ISORPI "Accounting and
Reporting by Charities" IFRS 1021 in preparing the 8nnual report and financial statsmtrnts of the charity.
Objectives and activities
A year of some ongoing challenges
Oak Hill staff retx)rt that post-lockdown effects are still being felt in terms of children's social and communication
development. Consequently staff work hard to include activities that support children's social development. Weekly
updates continue to be circulated to infO￿n parents and Carers of the children's weekly activities and any in-house or
govemmental updates. Once again special thanks are due to Paula and her team for the ongoing leadership and team
efforts throughout some very difficult and demanding lime5.
Charitable purposes and aims
The nursery's primary charitable purpose is the advancement of the education of chIld￿n aged from birth to ffve years
whose parentslcarers live or work locally. This it does by offering appropriate play and learning facilities with fees as
low as possible. The aim of low fees is to support families who might not otherwise be able to afford high-quality
Childcare and education in order to seek or sustain employment andlor take an active role in community life.
The nursery continues to offer the opportunity to parents and carers to become involved in the activities of the
nurserylday care provision and has been particulady successful in offering occasion81 evening parent and child
meetings e.g. to support pre-reading and literacy activities it also participates in an apprenticeship scheme.
The nursery offers supt)ort and advice to parents to support them in their Child's leaming 8nd development. Throughout
2024 a weekly emailed newsleller has been used to share details of the various activities that the children have been
able to enjoy.
Approach to fvndraising
There are two aspects lo fundraising at the nursery. In most years the staff organise a fundraising evenl, a Summer.
Monitoring and evaluation forms part of the annual appraisal of the Deputy Manager whose responsibilities include
fundraising. The Deputy Manager's responsibilities include the monitoring and evaluation of the nursery's fundraising
activities.
In addition to fund-raising for the nursery itsew, there are oc(2sions when the nursery raises funds for outside causes.
Arrangements are made lo collect gifts in kind as well as money. Parents are told in advance via weekly updates.
These tend lo be one off activities with the nursery acting as a convenient hub.
The nursery keeps its fees and costs as low as it can, aware of the financial pressure that childcare can pose so it is
careful to ensure that fundraising activities remain truly voluntary. No complaints have been recorded.
Activities.. childcare
The nursery is designed to provide 55 places to local families be￿en the hours of 8.00 am and 6.00 pm Monday to
Friday. There are spaces for up to 15 babies from 6 months to 2 years (Snowdrops) and 40 spaces for 2 10 5-year-
olds (Sunbells). Children of all abilities are given an equal opportunity to enjoy and learn, with the highest level of
childcare and education.
Places are either full-time or part-time, for loi*l parentslcarers who need flexibility in their childcare arrangements to fft
around their working or community life. Spaces are allocated on a first comelfirst served wailing-lisl basis to ensure
equality and faimess.
Fees are kept low and set in order to support and attract low-income familles, who can then sustain or seek employment.
The nursery offers some fully funded places to eligible parents,. although Ihis does involve additional work for nursery
staff, the main bureaucratic burden falls on the parents themselves.
Healthy well-balanced meals are prepared and cooked from our own kitchen. All allergy and special dietary
requirements are cater8d for within feasibility. The Nursery cook continually experiments with new recipes lo provide
the children with a range of nutritious culturally diverse meals on a rotating menu basls. The children have three meals
a day. with a healthy snack in be￿een meals.

OAK HILL COMMUNITY NURSERY
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Objectives and activities - continued
Activities.. education
The nursery implements the Early Years Foundation Stage {EYFSI curriculum 81ongside spontaneous planning. The
staff team provide the children with activitses around the children's interests and their leaming needs. These are
evaluated in order lo ascertain the individual child's developmental stage. The nursery operales a key-person system
where members of staff work with a small group of children, supporting them to build relationships, feel safe and secure
and build a relationship with the parenls. Staff make sure that the needs of the child are being met and regulady meet
with and report to parents on their child's progress.
In March 2024 the nursery was inspected by Ofsted and once again were assessed as Good in all categories.
Activities.. family support
The nursery staff team supports families by facilitating and sign-posting parents to training and support opportunities
on aspects of childcare, learning and development. The nursery supports falhers in particular by encouraging them to
lake a more active role in their children's upbnnging. The manager and deputy provide additional support to the parents
in Ihe care and education for their child, especially in regards to key transitions.
Activities." staff and volunteer training
The nursery in (x)njvnction wtih colleges, universities and training providers. provides a training and development base
for volunteers and students who seek lo establish a career early years care and education, soaal work or paediatric
nursing. They afe supported through a mentor arrangement and regular supervisions to develop their skills and
learning The nursery welcomes students for work experien￿ primarily from the 6th fomi u)Ilege situated next door and
also from other Lewisham borough schools and colleges.
Public benefit
The Trustees of Oak Hill Nursery have cnmplied wth the duty in section 17 of the Charities Act 2011 to have due regard
to the public benefit guidance published by the Charily Commission.
The Charity's objectives are the advan￿ment of education by offering appropriate play and leaming facilities and by
offering the opportunity for parents and carers to take responsibility for and to beu)me involved in the nursery.
The Trustees consider that Oak Hill's principal activities and aims, described on page 2-3 of this report learty years
care, education. family support and training. development of staff in early years practices). are con51Stent with the
Charity's objectives.
The beneficiaries of the Charity are children of familieslcarers living or working localty.
The Charity charges a fee for its core services. keeping fees are kept as low as possible to benefit families who would
othe￿iSe be unable to afford childcare, lo enable them to sustain or seek employment. or maintain active community
The Earfy Leaming Entitlement allows Oak Hill Nursery to offer provision lo those who qualify but this entitlement is
only sufficient to cover school hours and temis rather than the nursery's more extensive provision.
Achievements and performance
Chlldcare and educatlon
The Seeds of Empalhy progrdmme ￿ntir$UeS to be of influence in the nursery. The nursery staff have had both in-
service and outsoijrced training on spontaneous planning as a means of enhancing the child￿n,$ experiences and
development and this training is demonstrably influencing practsce. Staff continue to implement the training received
on 'Natural Thinkers, which is similar to The Forest School ethos.
Family support
The Nursery Man8gerlSpecial Educational Needs and Disability Co-ordinator (SENDCol continue to regularly support
families with children with additional and or special needs in accessing 1-1 support, funding or specialist support.

OAK HILL COMMUNITY NURSERY
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Objectives and actlvitie8 - continued
Staff and volunteer development
Volunteers have been very helpful this year In improving the appearance of the flower be(Is thal face Wallbutton Road
and there are plans for this to continue in the growing season.
Oak Hill places considerable emphasis on staff growth and development with the manager and deputy provldlng in
house training and off-site training with both proving posltive. The Nursery takes part in an apprenticeship scheme and
actively encourages all staff lo regularly assess their professional development and practice.
Flnancial review
Currently all training for staff has to be paid for and h85 been economically sourced from different providers to continue
lo offer the staff members appropriate continued professional development.
Nursery c051s, play materials and OL*tings increased as the nursery scaled up the extent of its charitable aclivilies during
the year. Premises, office and central costs were static.
Maintenance problems have Ix)ntinued to arise too often and requests have been passed around from department to
department. The landlord can seek to pass on as far as possible the maximum proportion of m8intenance and repair
costs. While this is understandable. all tcx) often it has had the effect of in¢re8sing the time taken to secure necessary
repairs. The system of using only an approved contractor can prove slow and too much nursery staff time has been
laken up wlh progress chasing.
The Charity recorded a defiat of £22.851 {2023.' surplus of £39,035) during the year. increasing the unrestricted reseTve
to £311,710 (2023.. £334.561) of which £17,000 has been designated toward future IT upgrades and repairing the
garden.
Reserves pollcy
The Board conlinues to create adequate reserves to enable the Charity to meet any extraordinary payments and
unforeseen expenditure. Free reserves {excluding fixed assets) amounted to £290.017 at the year end. The reserves
is set at 6 months expenditure to refle￿ the absence of any capital assets in an organisation such as Oak Hill.
Risk management
The Trustees can confirm that the major risks, to which the Charity is exposed, as identified by Trustees. have been
reviewed and systems or procedures have been established lo manage those risks. During 2024 three main risks were
identrfied for particular monitoring..
The increased cost of using agencies to cover vacancies or to find perynanent replacement staff.
The local shortage of trained and experienced staff.
The time taken to get maintenance works agreed by the landlord.
Arrangemenls were made to mit¢gate these risks as follows:
Monitoring costs and ensuring Lewisham fulfilled its duties as landlord sufficienuy promplly.
Maintaining a sufficient pool of bank staff to cover some short tenn absences.
Supporting staff undertaking further career development.
However, it must be reported that the year has been characterised by recurring difficulties caused by landlord
perfomiance that has been less than satisfactory particularfy in relation to maintenance issues.
Future costs
The charity has received the support of Lewisham Council for many years. The level of ￿nt is subject to negotiation
with the Council and the Board is actively exploring how the nursery can remain financially viable whilst preserving its
charitable aims of maintaining Iow•COSt childcare and education to low-income families. Oak Hill continues to keep
salaries under review, bearing in mind the need for planning towards all staff receiving the Real Living Wage as
minimum and maintaining pension contributions. A fees in¢￿ase in 202314 funded some staff salary increases but the
situation is being kept under review in order lo ensure that Salaries 8re high enough to attract and relain staff.

OAK HILL COMMUNITY NURSERY
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Plans for the future
The business plan aims to find new sources of income to help fund the Charity's activities in addition to fee income.
The Charity aims to retain its position as a Iow-CQSt provider of high quality child¢a￿. Local authority cutbacks continue
to create a more volatile financial environment and the Trustees conb'nued to look at all options. It has nevertheless
proved possible to considerways in which the whole site could be used more effectively forlhe benefit oflhe community
Negotiations are ongoing.
The nursery gained charitable status in 2009. The management and govemance sy51ems were Ihen updated.. The
Board's rewew of the Charity's governance arrangements and financial systems was completed in July 2019 and the
vised Articles of Association received Charities Commission approval in 2020.
The Board wll be keeping recruitment to the nursery under constant review. Recruitment was healthy for September
2023,. However shortage of slaff in Seplember 2023 meanl that the nursery was not able to offer a place to every child
on its waf(ing list. It is a situation which the Manager will be continuing to monitor
Structurey governance and management
Trustees of the Charity
The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served
during Ihe year and since the year end were as follows=
Gwen Evans
Catherine Brdganza
John Fowler
Sandra Margolies
Denise Stultz
None of the Trustees had an interest in any (x)ntr8Ct or transaction during the year under review.
Status
The nursery is constituted as a company limited by guarantee and was granted charitable 51atus on 06 August 2009.
The Charity's governing document is contained in its 2020 Articles of Association.
Company membership
Trustees are co-opted or can stsnd for election at the AGM.
Delegation
The day-tQ-day management of the nursery is delegated lo Paula Lane, the Nursery Manager and the Deputy Manager
Samantha Cordwell. The management team work with a close-knit tearn of21 permanent staff, and rf necessary agency
workers. There is a robust system of staff development and support in place led by the manager and depuly. The staff
members receive regular supervisions. There ar8 regular staff meelings and the senior team meet once a month for
support and development. The Nursery Manager reports regulady to the Trustees and is able to call upon them at
short notice in any contingency. The strategic direction and development of the nursery is a matter for the Leadership
Team consisting of the Nursery Manager, Deputy Manager and the Trustees as is Ihe level of fees set for service users.
Salaries are kept under regular review with the Manager presenting proposals to the Board of Trustees for discussion.
It is likely that further salary In￿ease$ wll be needed in 2025.
Relationships
The nursery has buill good relationships with local schools, colleges and universities and regulady has students
complete their work placements at the nursery. The Children's Centre rationalised its use of local premises and has
vacated the front of the building,. consullation about future was successfully undertaken by the borough and negotiations
about future use are in progress although there is some conftict be￿een Oak Hill's charitable objecbves and
Lewisham's need to maximise income from an asset.

OAK HILL COMMUNITY NURSERY
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Statement of trustees, responsibllitles
The trustees (who are also directors of Oak Hill Community Nursery for the purposes of company law) are responsible
for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (Uniled Kingdom Generally Accepled 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 (x)mpany and of the incoming resources and application of resources.
including the income and expendilure. of the charitable company for the year. In preparing these finanaal statements,
the trustees are required to..
select suitable a¢￿u￿tIng policies and then apply them consistently..
observe the melhods and principles in the Charities SORP 2015 {FRS 102).
make judgements and estimates that are reasonable and prudent..
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial slalements-,
prepare Ihe ac(x)unls on the going ￿n￿rn basis unless it is inappropriate to presume that the charitable rx)mpany
will (x)ntinue in operalion.
The trustees are responsible for keeping adequate accounting records Ihat disclose wth reasonable acLuf8cy at ary
lime the financial position of the charitable cx)mpany and enable them to ensure that the financial statements comply
wtth the Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charitable company and
hen￿ for taking reasonable steps for the prevention and dete¢tion of fraud and other irregularities.
In so far as the trustees are aware..
the￿ is no ￿levant audit information of which the charitable company's auditor is unaware,. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infomation and lo establish that the auditor is aware of that infomiation.
This report has been prepared in 8c¢ordance with the special provisions of Part 15 of the Companies Act 2006 relating
to smaller entitses.
Approved by the Board and signed on its behaff:
John Fowler, Trustee
Date.. 24 June 2025

OAK HILL COMMUNITY NURSERY
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF OAK HILL COMMUNifi NURSERY
Oplnlon
We have audited the financial statements of Oak Hill Community Nursery (the 'charitable company'l for the year ended
30 September 2024 which comprise of the stslemenl of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, induding a summary of significant a¢wunting policies. The financial
reporting framewotk that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, incEuding Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinlon. the flnancial statements:
give a true and fair view of the state of the charitable company's affairs as at 30 September 2024 and of its
incoming resour￿$ and application of resources, for Ihe year Ihen ended.,
have been propedy prepared in accordance with United Kingdom Generally Accepted Accounting Practice"
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs {UKII and applicable law.
Our responsibilib'es under those standards are further described in the Auditor's responsibilities for the audit of the
financial stalements section of our report. We are independent of the charitable (x)mpany in accordan￿ wi(h the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard
and the provisions available for small entities, in Ihe circumstances set out in note 2 to the financial statements. and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe Ihat the audit
evidence we have obtained is sufficienl and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to report to
you where..
the Iruslees, use of the going concern basis of accounting in the preparation of the financial statements is not
appropriate., or
the trustees have not disclosed in the finanaal statements any identified material uncertainties that may cast
significanl doubt about the ¢haritsble company s ability to continue to adopt the going concem basis of
acix>unting for 2 period of at least twelve months from the date when the financial statements are author¢sed
for issue.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the
anriual report, other than the financial stalements and our auditor's report thereon. Our opinion on the financial
ststements does not cover the other information and. except to the extent othemse expliryuy stated in our report, we
do not express any form of assurance conclusion thereon.
In connection with ouraudit of thefinancial statements, our responsibility is to read the otherinform8tion and, in doing so,
consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or olherwise appears tg be materially misstated. If we identify such material in(x)nsistencies or
apparent material misstatements, we are required to determine whetherthere is a material misstatement in the financial
statements or a material misstatement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other infomation. we are fequired to report that fact.
We have nothing to report in Ihis regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audrt..
the information given in the trustees, report, which includes the directors, report prepared for the purposes of
company law, for the financial year for which the financial statements are prepared is consistenl wlh Ihe
financial slalemenls.. and
the directors, report included within the trustees, report has been prepared in accordance with applicable legal
requirements.

OAK HILL COMMUNITY NURSERY
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF OAK HILL COMMUNITY NURSERY
Matters on whlch we are requlred to report by exception
In the light of the knowledge and understanding of the charitable CLJmpany and its environment obtained in the wurse
of the audit, we have not identified material misstatements in thè directors, report included within the trustees, report.
We have nothing to report in respect of the followlng matters in relation to which the Companies Act 2006 requires us
to report to you if, in our opinion..
adequate a¢￿UntIng records have not been kept, or retums adequate for our audit have not been received
from branches not visited by us,. or
the financial slalements are not in ag￿ernent with the accounting records and retums., or
certain disclosures of trustees. remuneration specified by law are not made", or
we have not received all the information and explanations we require for our audit,- or
the trustees were not enlilled to prepare the financial statements in accordan￿ with Ihe small companies
regime and take advantage of the small companies. exemptions in preparing the trustees, report and from the
requirement to prepare a strategic report.
Responsibilitie$ of trustees
As explained more fully in the trustees. responsibilities statement, the trustees {who are also the directors of Ihe
charitable company for Ihe purposes of ¢ompany 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 intemal cx)ntrol as the trustees detemine is
necessary to enable the preparation of financial ststements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees afe responsible for assessing the charitable company's ability to
continue as a going (x)ncern, disclosing. as applicable, matters related to going concern and using the going concem
basis of aC￿unting unless the trust￿ either inlend to liquidate the charitable cnmpany or to ￿ase operations, or have
no realistic altemative but to do so.
Audltor's responslbllltles for the audit of the financial ststements
Our objectives are to obtain reasonable assurance 8bout whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance. but is not a guarantee that an audst ￿)ndUCted in accordance with
ISAS (UK) will always detect a material misstalemenl when it exists. Misstatements can arise from fraud or error and are
considered material if. in(iividually or in the aggregate, they could reasonably be expecled lo influence the e￿noMiC
decisions of users taken on the basis of these financial st8tements.
Irregularities, including fraud, are inslances of non-compliance with laws and regulalions. We design procedures in line
with our responsibilities. outlined above. to detect material misstatements in respecl of irregularities. including fraud.
The specific procedures for this engagement and the exienl to which these are capable of detecting irregularities.
including fraud is detailed below..
Enquiry of management and those charged with govemance around actual and potential litigation and claims
as well as aclual, suspected and alleged fraud..
Reviewing minutes of meetings of those charged with govemance.,
Assessing the exienl of Compliance with the laws and regulations 0¥)nside￿d to have a d1￿ct material effect
on the finanaal statements or the operations of the company through enquiry and inspection..
Reviewing financial statement disclosures and testing to supporting documentation lo assess compliance wth
applicable laws and regulations.,
Performing audit work over the risk of management bias and overrlde of fA)ntrols. including testing of joumal
entries and other adjustments for appropriateness. evaluating the business rationale of significant transactions
outside the normal course of buslness and reviewing accounting estimates for indicatots of potential bias.
Because of the inherent limitations of an audit, there is a risk Ihat we will not detect all irregularities, including those
leading lo a material misstatement in the financial statements or non-complian￿ with regulation. This risk increases
the more that compliance with a law or regulation is removed from the events and Iransaclions reflected in the financial
statements. as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding
irregularities occurring due lo fraud rather than error, as fraud involves intentional concealment, forgery, wllusion,
omission or mis￿presentation.
A further descThption of our ￿spOnSibl11t1es is available on the Financial Reporting Coun¢il'$ web91te at..
httpS..l￿.frc.Org.UkJoUr-WorklAudI1jAudI1-and-asSurance1standardS-and￿U1￿8nCeIst8ndard$-an￿-gUi￿anCe-f0r-
auditorslAudilors-responsibililies-for-audiUDescriptionvof-auditors-resp)nsibilities-for-audit.aspx.
This
description
fomis part of our auditor's report.

OAK HILL COMMUNITY NURSERY
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF OAK HILL COMMUNITY NURSERY
Use of our report
This report is made solely to the charitable company's members. as a body, in accA)rdance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might stste lo the charilable company's
members those matters we a￿ required to slate lo them in an auditor's report and for no other purpose. To the fullest
extent pemitted by law, we do not accept or assume responsibil*ty to anyone other than the charitable company and
the charitable company's members as a body. for our audit work. for Ihis report. or for the opinions we have formed.
John Howard (Senior Statutory Auditor)
For and on behalf of Azets AudiLServices
Statutory Auditor, Chartered Accountants
2nd Floor, Regis House
45 King William Street
London
EC4R 9AN
Date: L¥

OAK HILL COMMUNITY NURSERY
STATEMENT OF FINANCIAL ACTIVITIES {In¢luding Income and Expendlture Account)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Notes
Unrestrlcted Total Funds Totsl Funds
Funds
2024
2023
INCOME
Charitable activities
Investment income
Other trading activities
Other income
668,538
2,364
171
3.575
668,538
2.364
171
3.575
704,972
1,305
1.593
TOTAL INCOME
674,648
674.648
707,870
EXPENDITURE
Charitable activities
697,499
697,499
668,835
TOTAL EXPENDITURE
697.499
697,499
668,835
NET INCOME I(EXPENDITURE)
122,851)
(22.851)
39.035
RECONCILIATION OF FUNDS
Total funds brought forward
334,561
334.561
295.526
TOTAL FUNDS CARRIED FORWARD
17
311,710
311,710
334,561
All trdnsactions are derived from continuing activities.
All recognised gains and losses are included in the Statement of Financial Activities.
The notes on pages 13 to 20 form part of the financial statements.
10

OAK HILL COMMUNITY NURSERY
BALANCE SHEET
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Notes
2024
2023
FIXED ASSETS
Tangible fixed assets
12
4.693
4.718
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
12,490
355.490
3,314
356,571
367,980
359.885
CURRENT LIABILITIES
Creditors-.
Amounts falling due within one year
14
{60,963)
(30.042)
NET CURRENT ASSETS
307,017
329,843
NET ASSETS
311.710
334.561
FUNDS
Unreslricled funds..
General fund
Designated funds
294.710
17.000
317,561
17.000
17
311.710
334.561
Approved on behalf of the board on 5 June 2025
and signed on their behalf by
John Fowler, Truslee
Company No. 05850668
The notes on pages 13 to 20 form part of these fi
ncial

OAK HILL COMMUNITY NURSERY
CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Notes
Total Funds
2024
Totsl Funds
2023
CASH FLOW FROM OPERATING ACTIVITIES
Cash generated from operating activities
15
85
33,272
NET CASH FLOW FROM OPERATING ACTIVITIES
85
33.272
CASH FLOW FROM INVESTING ACTIVITIES
Payments to acquire tangible fixed assets
Interest received
13,531)
2.364
(2,313)
1.305
NET CASH FLOW FROM INVESTING ACTIVITIES
(1.167)
{1.008)
NET {DECREASEII INCREASE IN CASH AND I
EQUIVALENTS
(1,082)
32,264
CASH AND CASH EQUIVALENTS AT BEGINNING OF
YEAR
356.571
324,307
TOTAL FUNDS CARRIED FORWARD
355.490
356.571
Cash and cash equivalents consists of:
Cash at bank and in hand
355.490
356.571
The notes on pages 13 to 20 fomi part of these financial ststements.
12

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
GENERAL INFORMATION
Oak Hill Community Nursery is a company limited by guarantee in the United Kingdom. The charitable
company's registered number. charity number and address of the registered office is given in the reference and
administration details on page 1 of these financial statements. The members of the company are the trustees
named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited
to £1 per member of the charity.
ACCOUNTING POLICIES
The principle accounting policies adopted, judgements and key sources of estimation uncertainty in the
preparation of the financial statements are as follows-
(a) Ba$1$ of Accounting
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
the Finantial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102). the
Companies Act 2006 and UK Generally Accepted Practice.
Oak Hill Community Nursery meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accnunting
policy notes.
The financial statements are presented in sterling 1£) which is also the frjnctional currency for the charity.
{b) Preparation of the accounts on a going concern basis
Al the time of approving these financial statemenls the Trustees have assessed the financial (x)nsequences of
continued uncertainties yet are (x)nfident that the charities financial resources 8re sufficient to meet its liabilities
for 12 months from authorising these financial statements. The budgeted in￿)Me and expenditure remains
sufficient with the level of the reserves for the charity to continue as a goir)g concem. The financial statements
have therefore been prepared on a going concern basis.
(¢) Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives
of the company.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Reslricled funds are subject to restrictions on their expenditure imposed by the donor or through the terms of
an appeal.
13

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
ACCOUNTING POLICIES {continuedl
Id) Incom•
All income is recognised in the Statement of Financial Activities once the Nursery has entitlement to the funds,
it is probable that the income will be received and the amount can be measured reliably. Income is deferred
when the fees or donations are received in advance of the period in which they relate.
Donations and other voluntary income is recogni5ed in the Statement of Financial Actlvities when
entitlement arises, the amount can be reliably quantified and the economic benefit to the Nursery is
considered probable.
Incoming resources from charitable activities are received by way of nursery fees, and indudes income
for childcare vouchers and early learning grants. The income is re(x)gni5ed in the St8tement of
Financial Activities for the year in which they relate.
Donated services and facilities are included at the value to the charitable company where this can be
quantified. The value of servi¢es provided by volunteers has not been included in these ac(x)unts.
Inve51ment income is re(x)gnised on an accwals basis.
{e) Expenditure
Expenditure 15 ￿COgniSed in the Statement of Financial Activities once there is a legal conslructNe obligation to
make a payment to a third paty, it is probable that setuement will be required and the amount of the obligation
can be measured reliably.
Expenditure on charitable activities comprises those costs incurred by the Nursery in the delivery of ils
activities and servi￿. It indudes both rA&sts that can be allocated directly to such activities and those
costs of an indirect natufe necessary to support them.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use
of the resource. Costs rel8ting to a particular activity are allocated directly, others are apportioned on an
appropriate basis.
(fj Allocation of support and governance costs
Support costs are those that assist the work of the charitable company but do not directty represent charitable
activities. Support costs include govemance costs, premises costs, offsce and central costs and deprectalion.
They are incurred ijirectly in support of expenditu￿ on the objecls of the charitable company.
Govemance costs comprise all costs involving the public accountability of the charitable company 2nd ils
otnpliance with regulation and good practice. These costs include costs related to statutory audit. accountancy
fees. legal fees and consultancy fees.
Support and Govemance costs are allocated to charitable activities in proportion lo the dI￿t charitable
expenditure on that 3Ctivity, where the charitable company considers that support costs a￿ incurred as part ot
the delivery of that activity.
(g) Pensions
The Nursery operates 8 defined contribution scheme. Contributions payable to the ¢haritsble company's
pension scheme are charged to the Statemenl of Financial Activities in the period to which they relate.
14

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
ACCOUNTING POLICIES {continued)
Ih) Employee benefits
Short lemi employee benefits. including holiday entitlement. are recognised as an expense in the period which
they are incurred.
Operating leases
Rentals applicable to operating leases. where substantially all of the benefits and risks of ownership remain with
the lessor. are Charged lo Ihe Statement of Financial Activities as incurred.
ti)
Tangible fixed assets
Tangible fixed assets are staled at cost less accumulated deprecsation. The cost of minor additions or those
costing below £100 are not capitslised. Depreciation is provided at rates calculated to write off the cost of each
asset over its expected useful life. The rates used are as follows=
offi￿ equipment..
Furniture and fixtures
33°
25Yo
(k) Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount
prepaid. Accrued in(x>me is measured at the amount due lo be received.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short tem) highly liquid investments with a short malurily of
three months or less from the date of acquisition or opening of the deposit or similar accounts.
(m) Creditors
Creditors are recognised where the charilable Ix)mpany has a present obligation resulling from a past event that
will probably result in the transfer of funds to a third paty and the amount due to setue the obligation can be
measured or estimated reliably.
Trade. other creditors and accruals are recognised at their settlement amount due.
Deferred income is where income is received. some or all of which is speufi¢ally in relation lo future periods.
the relevant amount is deferred and credited to the Statement of Financial Activities in the period lo which it
relates.
In} Financial instruments
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial
inslnjments. Basic financial instruments are initially recognised at transaction value and subsequently measured
al Iheir settlement value.
(o) Taxatlon
As a charitable company, the nursery is not liable to taxation on ils income or on surpluses on disposal of
investmenls.
15

OAK HILL COMMUNI￿ NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
ACCOUNTING POLICIES {¢ontlnued)
(p) Judgements and key sourees of estimation uncertalnty
Accounting estimates and judgements are continually evaluated and are based on historical experien￿ 8nd
other factors, including expectations of future events that are believed to be reasonable under the
circumstances.
The followtng judgements (apart from those involving estimates) have been made in the process of applying the
above ac(x)unting policies that have had the most significant effect on amounts recognised in the financial
statements..
Useful e¢onomi¢ lives of tangible ass8ts
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economi¢
lives and residual values of the assels. The useful economic lives and residual values are re-assessed annually.
They are amended when necessary to reflect current estimates, based on lechnological advancement, fulure
investments, economic ulilisation and the physical condilion of the assets. See note 12 for the carying amount
of the furniture and fittings and office equipment. and note j forthe useful economic lives for each class of assets.
There are no key assumptions conceming the future and other key sources of estimation uncertainty at the
reporting date that have a Significant risk of causing a material adjustment to the carying amounts of assets
and liabilities within the next financial year.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
Total
2024
Total
2023
Fees
LB Nursery Education grant
Donations and fundraising
558.109
104,784
5,645
558,109
104,784
5,645
591.607
107,896
5,469
668.538
668,538
704,972
In 2023 all of the income was attributable to the unrestricted fund.
INVESTMENT INCOME
Unrestrlcted
Funds
Total
2024
Total
2023
Bank inter6St
2.364
2,364
1.305
In 2023 all of the investment income was attributable to the unrestricted fund.
OTHER INCOME
Unrestrlcted
Funds
Total
2024
Total
2023
other income
3,575
3.575
1.593
3,575
3,575
1,593
In 2023 all of the olher income was attributable to Ihe unreslricted fund.
16

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
CHARITABLE ACTIVITIES
Unrestricted
Funds
Total
2024
Total
2023
Advan￿ment of the educalion of children
697,499
697,499
668,835
In 2023 all of the expendilure was attributable to the unrestricted fund.
ANALYSIS OF EXPENDITURE
Dlrect
Charitable
Support
costs
Total
2024
Total
2023
(note 8}
102,823
Advancemenl of the education of children
594,676
697,499 668.835
In 2023 £570.007 of the expenditure related to direct charitable expenditure, and the remaining £98,828
related to support costs.
SUPPORT COSTS
2024
2023
Governance costs {note 9)
Premises costs
Office and central ￿)sts
Depreciation
17,550
73.598
8.119
3,556
15.834
72,932
7.550
2.512
102,823
98.828
GOVERNANCE COSTS
2024
2023
Auditors remuneralion
Audit fee
Acwunting, currenl year
Other rson-audit services
Other governance costs
9.720
1,320
175
6,335
9.300
1.200
5.334
17.550
15,834
Other governance costs consist of legal fees and consultancy fees.
10.
NET INCOMEIIEXPENDITUREI FOR THE YEAR
2024
2023
This is stated after ¢harging'.
Depreciation
Audit fee
Operating lease costs
3.556
9,720
48,000
2.512
9.300
48,000
17

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
11.
ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION
AND EXPENSES AND THE COST OF KEY MANAGEMENT
PERSONNEL
2024
2023
Wages and salaries
Social security
Defined Contribulion pension wsts
Agency staff
444.940
21,077
10.058
68.994
428,333
13,825
8,532
64,185
545.069
514,875
The average number of full-lime equtvalenl employees..
Nursery staff
21
22
Employee time has been allocated to direct charitable expenditure.
One employee received emoluments of more than £60,00012023.' none).
During 2024, no trustees {2023'. £nil) were paid or received any other benefits from employment with the
charitable company. No trustee or any person (x)nnected with Ihem re￿iVed any expense5 during the year
12023.. £nil).
The key management of the charitable (x)mpany comprise Ihe trustees, the nursery manager and the deputy
m8nager. The trustees do not receive any remuneration for this role.
The total employee benefits of the key management personnel of the charitable (xjmpany were
£107.306 (2023.. £96,776}.
12. TANGIBLE FIXED ASSETS
Furniture
and fittings
Office
equipment
Total
Cost
At 1 Odober 2023
Additions
Disposals
5.532
23,862
3.531
{1.998)
29,394
3,531
{2.138)
(140)
At 30 September 2024
5,392
25.395
30,787
Dopreclation
Ai 1 October 2023
Charge for the year
Disposals
5.532
19,144
3.556
11,9981
24,676
3,556
{2,138)
{140}
At 30 September 2024
5,392
20.702
26.094
Net Book Value
At 30 September 2024
4.693
4.693
At 30 September 2023
4,718
4,718
18

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
13. DEBTORS
2024
2023
Trade debtors
Other debtors
Prepayments
308
3,125
183
12,182
12,490
3,314
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Other Cr￿ltorS
Accrua15
Deferred in(x)me (note 14.1)
18,698
10,965
11,7
19,6(K)
4,508
6,749
10,860
7.925
60.963
30,042
14.1 DEFERRED INCOME
2024
2023
At 1 October 2023
Additional during the year
Amounts released to inix)me
7,925
19.600
{7,925)
10,675
7.925
110.675)
At 30 September 2024
19.600
7,925
Deferred inwme in both 2024 and 2023 relates lo nursery fees for the following autumn term.
15.
RECONCILIATION OF NET INCOME TO CASH GENERATED
FROPII OPERATING ACTIVITIES
2024
2023
Nel income for the year
Depreciation charges
Interest receivable
(22.8511
3.556
(2,364)
39,035
2.512
(1,305)
{21,659}
{9,177}
30.921
40.242
18.214
(25,184)
Decreasellincreasel in trade and other debtors
(Decreaseifincrease in trade and other creditors
Cash generated from operating activities
85
33.272
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
2023
Tangible fixed assets
Current assets
Current liabilities
4,693
367,980
(60,9631
4,718
359,885
{30,042)
311,710
334,561
19

OAK HILL COMMUNITY NURSERY
NOTES TO THE ACCOUNTS
AS AT 30 SEPTEMBER 2024
17. MOVEMENT IN FUNDS
At1
October
2023
Incoming
Resources
Outgolng
Resources
Transfer
At30
September
2024
Unrestricted funds..
General funds
Designated funds
317,561
17,000
674,648
{697,499)
294,710
17,000
334.561
674.648
{697,499)
311,710
Deslgnated funds
Designated funds fomi part of Unrestricled Funds and are amounts set aside by the Truslees to meet specific
future requirements of the organisation.
In 2019 expenditure of £7,000 spent towards the IT upgrade was allocated against Ihe designated ftjnd leaving
a designated fund of £17,000 to meet the remaining IT upgrade costs and costs towards repairing the garden.
No expenditure was incurred during 2024 {2023'. £nil).
17.A MOVEMENT IN FUNDS- Prior year
At1
October
2022
Incoming
Resour¢es
Outgoing
Resources
Transfer
At30
September
2023
Unrestricted funds..
General funds
Designated funds
278,526
17,000
707,870
1668,835)
317,561
17.000
295.526
707,870
{668.835)
334,561
18.
PENSION SCHEME
The charitable company operates a defined contribution pension plan for its employees. The amounl recognised
as an expense in the yearwas £10.058 (2023_ £8,532).
19.
LEASE COMMITMENTS
The charllable company sole lease commitment is its ténancy at Oakhill Nursery. Total future minimum lease
payments under the operating lease are as follows..
2024
2023
Nol later than one year
Later than one and not later than five years
Later than five years
24,000
48.000
24.000
24,000
72.000
20.
RELATED PARTY TRANSACTIONS
There are no related paty transactions during the year {2023.- none)
20