Comp•ny No. 05850668 Charmy No. 1130993 OAK HILL COMMUNITY NURSERY {Llmlt•d by Guoranteel TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENOED 30 SEPTEMBER 2025 OAK HILL COMMUNITY NURSERY CONTeNTS Pag• R•f•r•nce and Admlnlstratlon D•tsiis Tru•t•os Report Stal•m•nl olTru$t••8' R•#pon$lbllW¢8 Indeponden¢ Audltor'• R•port Stat•rn•nt of Flnan¢5•1 A¢tlvltl 10 11 Cuh Flow $tst•m•n¢ 12 N￿•$ to th• A¢¢ounts 13-20 OAK HILL COMMUNrrY NURSERY REFERENCE ANO ADMINISTRATION DETAILS St•tu• Compary Limit•d by Guar8ntee No. 05850668 Re9iStergd Chority No. 1130993. registered 6 August 2009 The Company's govemlng ¢Jo¢umont 1$ Its MerN)r8ndum and ofAssoeiation $•er•tsry •nd R•9l•t•r¢d Offlc•'. Danisa Stullz 29 Wallbutton Road Brockley London SE4 2NX Trust••s: Denise Siuttz John Fowler Sandra MargoIi88 Gwenlian Evans Catherine Braganza K•y M•nao•m•nt'. Nurs•ry Manager.. O•puty Manayr. Paula Lane Samantha Corthvo11 Audltor: Azels Audit S8Nus Chart•r•d Accountants 2nd Fbor Regis House 45 King WSlllam Slreat London EC4R 9AN nk•rB,' National We8tmlnster Bank pk 87 Sidcup High Stroot Sldcup K•nl DA14 6DL OAK HILL COMMUNITY NURSERY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Thè Trustees present their report and the audrted financial statements of the charity lor the y8ar ended 30 Septetnber 2025. The trustees have adop18d the provisions olthe Stalement of Recommended Practic8 ISORPI"Accounting 8nd Reporting by Charities" IFRS 1021 In p￿paring the annual report and financial statements of the charity. Objectlves and activltles A ol$ome ongolng ¢halleng¥s Weekly update5 continue lo be circulated lo inform pa￿ntS and carers of the ¢hildfen's wèokly activit￿$ and any in- house or govemmental updales. Once again spe¢i31 thanks aT8 du8 lo Paula and her team for their ongoing ￿aderShip and leam efforts throughout some very demanding times. Charltable purposes •nd•lms The nursery's pnmary charilable purpose is the advancemenl of the education ol ehildren 8ged from birth to five years whose parentslc8rers live or work locally. This r( does by offering appropriate play and learning facilities with fees as low as wssible. The aim of ltsw fe85 15 to support families who rnight not othenmse be able to afford high-quality childcare and education in ord8r to seek or sustain employment andlor take an active role in community life. The nursery continues to offer the opporiurTrity to parents and carers to become iThv¢Jved in the actiwtie5 of the nurserylday care provision and has been particularly suc¢e5sful in offering o¢¢asional evening parent and child meetings e.g. to support pre-reading and literacy ?¢ti¥Atie5 It a150 P8rtiripales in an apprentKeship scheme. The nursery offgrs 5UPPOrt and advice to parent5 to support them in their child's18arning and development. Throughoul 2025 a weekly 8mailed newsletter has been used to share details of the vsrious activit￿$ Ihal the children have been able 10 8njOy. Approo¢h ¢0 Fundraising Thefe a18 Iwo aspects to fundraising at the nursery. In some years the staff organise a fundraising event. a Summor. Monitoring and evaluation forms part of the annual appraisal of the Deputy Mana9er whose responsibilities include rundraising. The Depuly Marbagets responsibilities Include the monitorsng and evaluation of the nursery'5 fundraising activities. In addition lo fund-raising for the nursery itself. there are occasion5 when the nursery raise5 funds for outside cau58S. Arrangements are made to cdlecl gifts in kind as well as rnoney. Parents a￿ in advaw via weekly updates. These lend to be one off activities with the nursery acting a5 8 convenient hub. The nursery keeps ils fees and costs as low as it can. aware of the financial pressure that childcare can pose so rt is careful to ensure that 811 luNJraising ￿t￿lIeS remain truly voluntary. No complaints have be8n r￿Orded. A¢tlvltles.' chlld¢ar• The nursery is designed to provide 55 places to local families be¢we6n tha hours of 8.00 am and 6.00 pm Monday to Friday. There are spaces for up to 15 babies frorn 6 months lo 2 years ISrK)wdropsl and 40 spaces for 2 10 5.yeaT. 01115 Isunbells). Children of all abi11ties are given an equal opportunity lo enjoy and leam. wllh the highest I￿01 of childcar8 and education. Pla¢&s are olther fvll-time or part-time. for k)cal p8rentslcarers who nead flaxibility in their childcare arrangernenls to fil around their working or ¢ommunity life. SpacÈs are alb¢aled tsn a first comeffirsl served waiting-list basis lo ensure aquality and faimes$. Fees are kept lowand sel in order lo support and attract low-inc¢yne familles. who can then sustain or seek ernpkjymenl. The nursery offers some fully funded place5 to eligible parents.. although thi5 does involve addibonal work for nursery staff, the main bureauciali¢ burden falls on the parents themsolves. H•althy well-balanced meals ale prepar8d and ¢ooked from our own kitchen. All allergy and special dietary requirements are catered for wthin feasitFility The Nursery cook continually experirnents with new wipes to provhle the children wth a range of nutrittous ¢ullurally diverse meals on a rolaling menu b85i5. The Children have th￿e meals a day. with a hearthy snack in b8lwaen meals. OAK HILL COMMUNITY NURSERY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Objectlve5 and actlvitles - continued Actiwtle$.' education The nursery elhos to Optimis8 Achievernenl and Knovledge through Highly Imagina￿Ve Learning and Laughter continues to be embedded In the curriculum alon9side Ihe Early Years Foundat￿￿ St￿e IEYFSI and spontaneous planning. The staff leam provide the children with activities around the children s int8r851s and Iheir learning ne8¢s. These a￿ evaluated in order to ascertain the individual child's developmentsl stage. The nursery operates a key- person system where members of staff work with a small group ol Children. supporting them to build relalionships, feel safe and se¢ure and build a relationship with the parents. Staff rnake sure thkt the needs of the child are being met and regularly meet with aT¥J report lo par8nts on Iheir child's Pfogre5S. In March 2024 the nursery was inspected by Ofsted and onte again being a5ses58d as Good in all categories. Aetlvltl•s.' Family support The nursery staff tearn supports f8rnilies by fa¢iliiating and sign.posting pargnts lo training and support opw)rtufiit185 on aspe¢ts of child¢a￿. learning and development. The nursery supports fathers in particular by encouraging them lo lake a MO￿ active role in their childrèn's upbringing. The manager and d8puty provide additional $upport lo the parents in the care and education for their child, è5Ptcially in relation to key transitions. A¢tivities.' staff and volunteer tralnlng The nursery in ¢oniun¢tion wilh colle9es, universit￿$ anij training prov￿eT5. provides a tr8ining and d8velopmenl base lor volunteers and 51udent5 who seek to establish a career in early years ¢Are and education. social work or pediatric nursing. They are supported through a mentor arrangement and regular supetvisions to develop their skills and leamtng. The nursery welcomes students lor work experience pritnarily from the 6th form college sitU8ted nexl door and also from other Lewst)am borough schools and rolleges. Public benefit The Trustees of Oak Hill Nursery have com￿le￿ with the duly in section 17 olthe Charities Act 2011 to have due regard lo the public benefit guidance published by the Charity Comrni5sion. The Chaiitis objectives are the advancemenl of eduralion by offenng apkyopriale play and learning lacilib'es and by offering the opportunity for parents and carers lo take reswjnsibility for and to become involvod in the nursery. The Trustees consider that Oak Hill'5 principal activrties and aims, describ8d on page 2-3 of this report learfy years care. education. farnily support and training, developm8nt of staff in earfy years pra¢ti¢esl. a￿ congstenl wrth the Charity's objectivgs. The beneficiaries of the Charity are children of lamilieslcarer5 living or working bcally. The Charity charge5 a fee for rts core SerV￿e5, keeping fees are kept as low as possible to benefit families who would olherwise be unable to afford chiKlrAre, to enable them ¢0 sustain or seek employment. or maintain active community The Earfy Learning Entitlement allows Oak Hill Nursery to offer provision lo those who qualify but this entslement Is only sufficient to cover school hours and tem)s rather than the nursery's more extensive provision. Achievements and perfom)an Childrar¢ and education The nursery staff continue to receive training to enhance their kno￿edge and understanding as a means to enhancing the childr8n's experiences and devebpment and this training is demonstrably inlluencing practice. Staff continue to irnplemenl Ih8 training rec8ive(l on 'Nalural Thinkers. which Is similar lo The Forest School ethos and The S8ed$ ol Empalhy programme wnlinues to be of influence in the nursery. Family support The Nursery Manager and Spe¢ial Edu¢abon81 Needs and Disability CoQrdinator ISENDCol Gonlinue to regulady support families wth children with additional and or special needs in a¢cessing and providing 1-1 support, funding or spe¢ialist support. Also prowijing support with Challenging behavitsur and key transition5. OAK HILL COMMUNITY NURSERY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achievèmènts and pèrfomanct- contlnued Staff and ￿lunteer development Volunteers have been very helpful thi5 y8ar in improving the appearance ol Ihe llower beds that face Wallbutton Road and there are plans for Ihis lo continue in the growing season. Oak Hill places ¢onsrtlerable emphasis on stalf growth and development with the manager and deputy providing in- house training and off-site training with both proving positive. The Nursery lakes part in an apprentrceship s¢heme and actively en¢ourages all staff lo regularfy assess their professKinal development and practice. Finaneial r•vi•w CurTenlly all training for staff ha5 to be paid for and has been economically sourced from differenl providers to continue lo offer the staff members appropriate ¢onbnued professional Ilevelopment Nursery costs. play materials and outh.ngs increased as the nurseryscaled up the extent of its charitable activities during the year. Prernise5, office and central costs were static. Maintenance problems have ¢onts"nued to arise too often and requests have been passed around frorn d8partm8nt to department. The landlord can seek lo pas5 On 85 far as possib￿ the maxirnLSm proportion of m8inlenance and repair C05t5. While this is understandable, all too often it has had the effect of increasing the time taken to secure ne¢essary repairs. The system of using only an approved contractor can prove slow and loo much nursery slaff lime has been taken up with progress chasing The Charity recorded a deficit of £5,241 12024.. deficit of £22,8511 during th8 y8ar, decreasing the unre$tri¢ted reserve to £306,469 12024.. £311,710) ol which £17.000 has been designaled toward future IT upgrades and repairirrfj Ihe garden. Reserves pollcy The Board continues to create adequate reserves to en8t￿e the Charity to meet any extraordinary paym•nts and unforeseen expenditure. Free ￿serveS l&xctuding fixed assets) amounted lo £285.093 ai the year end. The resèrves are set at 6 months expenditure lo reflect the absence of any capita1 assets iri an organisation such as Oak Hill. Rlgk m•nagement The Trustees ¢an confirm that the major risks, lo which tho Charity Is exposed. as Identified by Truslee5. have b8en reviewed and systems or procedures have been established to rnanage Ihose ri5k5. Duiing 2025 three main risks were identified lor particular rnoniloring. The increased cost of using agencies to cover vacancies or to lind permanent repla￿ment staff. The locgl shortage of trained and experien￿0 staff. The tsme taken to gel maintenance wths agreed by the landlord. Arr8ng8rnents were made lo mitigat8 these risks as follows.. Monitoring Costs and ensuring Lewisham fulfilled its duties as landlord sufficienly prOmp￿Y. Maintaining a sufficient pool of bank staff to cover some short.lem) absences. Supporting staff undertakino furihor care8r d8veloprn8nt. However, il rnust be reported Ihal the year has been ¢haracterised by recurring difficulties ¢aused by landlord perfO￿anCe thal has been less than satisfactory parti¢ularfy in relation lo maintenance Issues The landlord has yet to update the Thursery lease. In 2024 negollations were promis•d'in the new ￿aT.. 2026 ha5 produc8d conlad but nol as yet a lease Future Costs The th8rily has re￿IVed the support of Lekyisham Council for many years. The level tsf rent is subject to negotiation with th& Coun¢il and the Board is a¢tiv8ly èxploring how th& nursery ¢an remain financially vlable whilst pr858rving its charitable aims ol maintaining low-cost childcaTe and educatitsn tts low-income families. Oak Hill continues lo keep salanes under review. bearing in mind the need for planning towards all slaff receiving th8 Real Living Wage as rninimurn and mèintaining pension contributions. A fees increase in September 2025 funde(I some staff salary increases bul Ihe silualiw is being kept under review In order to ensure that salaries are high enough to attract and tain stsff. OAK HILL COMMUNITY NURSERY TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Plans for th• futur• The bvsine$s plan aims to find new 80ur¢es of income to help fvnd Ihe Charity'$ acts'vities in addibon to fee income. The Charity aims to retain its position as a low4ost provider of high-qualily childcare. Local authority Cutbacks continue to ¢￿al¢ a more volatile financial environmènt and the Trustees continued to look ai all options. 11 has nevertheless proved possible to consider ways in which the whole site could be used more effectwely for the benefft of the commvnity Newlialions are still awaited. rhtr nursery gained chaiilable status 2009. The managèment and govemancè systems werè Ihtrn updaled.. The Board's review of the Charity's governance arrangements and financial systems was completed in July 2019 and the reviseil Arti¢tes ol As$o¢ialion received Charities Commission approval in 2020. The Board will be keeping recwilrnenl lo Ihe nursery und8r con51anl revydw. Recruilmenl was heallhy lor Sepiember 2025. However Shortage of staff in September 2025 meant that the nursery was not able to offer a place to every child on 11$ waikn'ng list. It is a silualK)n which the Manager will be continuing to monitor structure. govemance and managen7ent Trn5tees of the charity The directors of the charitable company are its truste8s for the purposes of charity law. The tru$lee5 who have served during the year and since the year end We￿ as follows.. Gwen Evans Catherine Braganza John Fowler Sandra Margolie5 DÈnise Stult2 None ol the Trustees had an interest in any contract or transaction during the year under review. Status The nurs8ry is constituted as a company limited by guarantee and was granted charitable staius on c￿ Au9usI 2009. The Charity's goveming document is contained in 11$ 2020 Articles ol Asso¢ialion. Company m•mbershlp Truste85 are co-opted or can sland for ebdion at the AGM. Delegatlon The day-l04ay rnanagernent of Ihe nutsery is delegated lo Paula Lane, the Nursery Manager and the Deputy Manager Samantha Cordwesl. Th8 management team work with a c105e-knit t8am of 21 permanenl staff, and if necessary agency workers. There is a robust system of staff developmenl and support in place led by the manag•r and deputy The staff members recgive regular supèrvisions. Ther¢ are regular staff meetings and the senior tearn meet once a month for support and developrnenl. The Nursery Manager report5 regularly to the Trustees and is able to call upon them ai sh)rt notice in any contingency. The Strategic direction and developrnenl of the nursery 15 a matter for the Leadership Team ¢onsisting of the Nursery Manager. Deputy Manager and the Trustees as is the level of lees sel lor $ervi¢e users. Salaries are kept under regular review wth Ihe Manager presenting proposals lo the Board ol Trustees for discussion. It is likely that further salary in¢￿ase$ wll be needed In 2026. Relalionships The nursery has built good relationships wth local schools. cotleges and universities and regulady has sttjdents complete their wod¢ placements al the nursery. The Child￿n s Centre al the front of the buildin9 ¢onlinues 10 remain vacant however negotiations about the future use Continue although the￿ is some conflict ￿tween Oak Hill's charitable objectives and Lewisham's need lo maximise Income ffom an asset. OAK HILL COMMUNrrY NURSERY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Statement of trust••s' r•spon$lblllllos The trustees (who are a150 directors of Oak Hill Comrnvnity Nursery for the purposes of company lawl are responsib for preparing the Trustees, Report and the financial staternents in accordance wilh ap￿l¢3b1e law and united Kingdom Accounting Standards (Unitèd Kingdom Generally Accepted Accountin9 pract￿0). Cornpany law requires the trustees to prepare financial slatom•nt5 for each financial year, which give a true and falr view of the slate of affairs of the Charrtable wtnpany and of the incoming resources and application of ￿SourCes, in¢luding the income and expenditure, of the charitablg company for the year. In prepanng th8se financia1 $t8tements, the trustees a￿ requirèd lo.. selert 8Uitable accounting policles and then apply them cansistently.. observe the methods and principles in the Charities SORP 2015 IFRS 1021., rnake judgements and eslimales that are reasonable and prudent.. state whether applicabl& UK Accounbng Standards have been foll¢JW8d. subject lo any material departurè5 disctosed and explained in the finan￿￿1 statements., prepare the account5 on the going eoncem basis unless il is inappropriate to presume that Ihe chaiit8ble crjrnpany will continu8 in op8ration. The twstees are responsible for keeping adequate accounting records that disclose wlth reasonable accuracy at any me the finanoal p05rtion ol the ch8rit8ble company and enable them lo ensure Ihat the financial stal8ment$ comply with the Companies Act 2006. They are also ￿SponSIble ltsr safeguarding th8 assets of the charitable ¢ornpany aThJ hence for taking reasonable steps lor the prevention and deleclion of fraud 8nd other irregularities. In so far as the Iruslees ar8 aware.. • ther8 is no rebv8nt audit infomath)n of which the charitable comp8ny's 8uditor is unaware.. 8nd the twslees have taken all steps that Ihey ought lo have taken lo make themselves awa￿ of any relevant audit infomiation and to esiablish that the auditor is aware ol that infomatson. Thi5 r8POrt has b88n prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 ￿lating to smaller entities. proved by the Board and signed on its behalf.. Signed.. John Fo￿er, Trustee Dale= 30 April 2026 OAK HILL COMMUNITY NURSERY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OAK HILL COMMUNITY NURSERY Oplnlon We hav8 audited th8 financial staiements of Oak Hill Community Nursery Ithe'charitable company'l for Ihe year ended 30 September 2025 which Comprise of the slatemtsnl of Financial Activities. tho Balance Shee¢. the Cash Flow Slalemenl and notes to th8 financial statements. including a summary of significant accounting poliaes. The financial reporting tramework thal has been applied in their preparation 15 applicable law and Uniled Kingdom Accounling Staridards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland, Iunited Kingd¢xn Generally Accepted Accounting Practicel. In our oplnlon. th? flnanclal statements.. give a true and fair v￿W of the stale of the ch8rrtab18 (x)rnpany's affairs as èt 30 September 2025 and of its incoming resources and application of resources, for the year then 8nded,. have been properly prepared in accordance with United Kingdom Generally Accepleé Accounting PraC￿"¢e.. and have been prepared sn a¢¢ordan¢e wth the requirernenls of the Companies Acl 20(h. Ba$ls for opinlon We conducted our audrt in accordance with Internatitsnal Standards on Auditing IUKI IISAS IUKII and applicBble law. Our responsibilihes undar thos8 Standards are further described in the Auditor's responsibilities for thè audit of the financial statement5 section of our report. Vve are independent of Ihe ¢hanlable company in a¢cordan¢e with the ethical requirement5 thal ar8 relevant lo our audit of th8 financial slatement5 in the UK. including the FRC'5 Ethi¢al Standard and th8 provisions available for small entities. in the circum51ances sel ou¢ in note 2 to the financial statements, and we have fulfilled our olher elhical responsibililies in accordance with these requirernents. We believe that th8 audit gvidence we have obtained is suffKient and appropriate to provide a basis for our opinion. Concluslons r•latlng to golng concem We have nothing to report in respect of the following matt8rs in ￿latIon lo which th8 ISAS IUKI requi￿ us to report to you where.. the trustees use of Ihe going wncem basis of accountSng Sn the w8paralion ol the finaneial statements is ntst appropriate.. or the trustees have not disclosed in the finanual slatements any identified rnaterial uncertainties Ihat may cast significant doubt about the ¢harilable cornpany'5 ability to continue to adopt Ihe going concern basi$ of accounting for a period of at least Iwelve months from the dale when the financial slatemenls are authorised for issue. IXh¢r inlormation The Iwslees are responsible for the other inftsrmalion. The other Infom)ation comprises the infomiation included in the annual report. other than the financial statements and our auditc>r'5 report the￿On. Our opinion on the financial statem8nls does nol cover th8 Other infomiation and, •xc8Pt to the eKtent oth&Thvssè èxplicl￿Y stated fft our rswrt. W8 do not express any form ol assurance ¢onclus*)n theTeon. In¢onnection wrthourauditof Ihefinancial stalem8nts, ourresponsibilityistoread the other Infomiation and. in doing so. con5ideT whether the other inftsmation is materially IrTrconsi5tenl with the financlal statements or our knovAedge obtained in the audil or otheNi5e appears lo be matèrially rnisst8ted. If we iijentify such material inconsistencies or apparent malenal misstal8ments, we are required to delernine whelherthere is a material misstatement in Ihefinan¢ial slalements or a material misstatement of the other information. If. based on the work we have performed, we ¢on¢ludÈ that there is a material misstatement of this tslher informa*"on, we kn￿ required to report that fact. Wè hav8 nothin9 to report in thi5 regard. Oplnions on other rnattgrs pr¢$¢rlb•d by the Companlos Act 2006 In our opinion, based oj) the work undertaken in the course of the audit.. the infomialion given in the trustees. report. which includes the directors. report p￿Pared for the purpo$e5 01 company law. for the finanri81 year for which the financial statements are prepared is consistent with Ihg finan¢ial statements,. and the director5. report included within the Iruslees. repori has been prepared in ac¢ordance wth applicable legal reqU1￿mentS. OAK HILL COMMUNITY NURSERY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OAK HILL COMMUNITY NURSERY Mait•rs on whlch w¢ ar• r•4uSred to report by ex¢eptlon In the light of the knoWedge and understanding of Ihe charitable company an¢J its environment obtained in the course of the audit. we have ngt idenbfied material misststements in the directors, report included wthin the trustees. reporl. We have nothing lo report in respgd of Ihe fdlowng malier5 in relation lo which the Compan￿$ Act 2006 requires us to report to you If. in our opinion.. adequate accounting records have nol been kept. or retums adequate for our audit have nol be8n received trom branches not V151ted by us., or the financial statements 8re not in agreernent the a¢¢ounllng record5 and retums- or ¢ertain d15closur8s of trustees. rernuneration specified by law are not made.. or we have not received all the information and tsxplanations we require lor our audit.. or the trustees We￿ not entitled lo p￿parts the financial statements In accordance with the small companies regime and take advantage ol the small companies. exemptions in preparing the trustees. report and from the requir8rnent to prepart a strategic report. Respon8Sbllltbgs of tru$t•es As explained more fully in the tru$lees' responsibilities statement, the trust￿$ (who are also th8 directors of the ¢hariiable company for th& purp05e5 of company lav41 a￿ ￿SponSible for the preparation of the financial slat8menis and for being satisfied that they give a true and lair wew. and for su¢h inlemal control as the truslèe5 deternine is n8cess8ry lo en8￿e tha preparation of financial stat8m8nts that are free from material misststement. whelher due to fraud or error. In preparing the financial statements, the trustees are resw)n5ible for assessing the charitable company's ability lo continue as a gdng concern, disclosing. as applicable, matters ￿lated to going concern and using the going con¢em basis of a¢¢ounling unless th8 Iru$tees either intend to liquidate the charita￿e c￿npanY or lo ce85e operations, or have no realislic alternalive but to do sts. Auditor's resp¢*n$ibiliti8s for the audlt of tho financlal st8tsm¢nts Our objectsves are lo obtain reasonable assurance about whether the finanual statements as a whole are free frorn material rnis5tat8rnent. wh&lher due lo fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit condu¢led in accordance with ISAS IUKI will always delecl a material mi$$latementwhen il exists. misstalemon15 can arise from fraud or error aniy a constdered material if. individually or in the aggregat8, they could ￿asOnablY be expected to influence the e¢onornic de¢1$￿nS of users taken on the basis of these financial statements. lff8gu18rities, including fraud, are instances of non-compliance with laws and regulath?n5. W8 design procedures in line with our responsibilities. oullined above. lo dotect rnaterial misstatements in respect of irregularities. including fraud. The spe¢ifi¢ procedures for this engagement and Ihe extent lo which these are ¢apable of delecling irregularities, including traud is detailed be￿W.. Enquiry of manag8rnent and those charged with governance around actual and potsntial Iitigaknon and claims as well as actual. suspected and alleged fraud.. Reviewing minutes of meeting5 of Ih05e charged wth governance., Assessing the extent ol compliance with the laws and regulalions considered to h8ve a direct materi81 effect on the finanoal slatetnenls or the operatSons of the company through enquiry and inspection." Reviewing financial slatemenl disclosures and testrng lo supporting documentation to ass*ss complian¢ewth applicable laws and regulations". Performing audit work ovor th8 risk of management bias and overrid8 of controls. including testing of ioumal entrie5 and other adjustments for appropnateness. evaluating the business rational8 of significant transactions outside the norrnal course of busines5 an¢J reviewing ac¢ounting eslifflates for indicators of potential bias. Because of the Inherent limilations ol an audit, there is a risk that we will not detect all irregularitie5. including those leading to a rnalerial rnisslalemenl in the financial statements or non-compliance with ￿gUlatIOn. This risk increases the more Ihat Complian￿ with a law or regulation is removed from the evenls and Iran5action$ reflected in the financial slaternents, as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involve5 intentional concealment, forgery, collusion. omission or m1$reprè58ntal￿n. A further description of tsur r85ponsibilities is available on Ihe Financial Reporting Council's websrte at.. https'.Ilwww.frc.org.ukJOur-WorklAuditlAudit-and-assurancelstandard$-and-guidancelSt8ndards4nd￿uldanc￿-f0r- auditorslAudilors-respon5ibilities-for-audiVDescriptiOll-of-auditors-resrJ)nsibilities-for-audil.aspx. This lom)s part ol our auditor's r8POrt. description OAK HILL COMMUNITY frIURSERY INDEPEhlDENT AUDITOR'S REPORT TO THE MEMBERS OF OAK HILL COMMUNITY NURSERY Uie of our r•port This report is rnada solely to the charitabk8 cornpany's members, 88 a body. In accordan￿ wrth Chapter 3 of Part 16 of th¢ Cornpanles Act 2006. Our audit work has b￿n undertaken so that M might Stsle to th8 charitsble company's m?mbers those mattèts we are required lo ststg lo them in an audltorf$ roport and for ne othèr purpo$e. To the fullest extent pennitt*d by18w. we do not accept or assume ￿SPonsibl11tY tg anyone other than Ih8 ¢h8ritsble company and the eharitAblg wmpany's memb•rs as a ￿dy, for our audit work, for this report, orl¢T the opinions w• havè formed. John Howard IS•nlor Statutory Auditgr} For and on b•half of Az•ts Audlt $oNlce• Statylory Auditor. Charter•d Accountants Floor. R8gis House 45 Klng William Street London EC4R 9AN Dats.. OAK HILL COMMUNif( NURSERY STATEMENT OF FINANCIAL ACTMTIES (l￿1￿dIng In¢¢mo •nd Exp•ndl¢ur• Ac¢ount) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Not•• Unr•strl¢t•d Totsl Fund8 Total Fund* Fund8 2025 2024 INCOME Chafrtable aclvrti•s Invastmènt sncorne Other trading activities Other Income 765,110 5,595 190 3,669 765,110 5.59S 190 3,669 668,538 2,364 171 3,675 TOTAL INCOME 774,564 774.5 674,648 EXPENDITVRE Charit8bl¢ activibes 779,805 779.805 697.499 TOTAL EXPENDITURE 779,805 779,805 697,499 NET INCOME IIEXPENDITUREI {$.241) 15,2411 122.8511 RECONCILIATION OF FUNDS T(xal fvnds brouqht forward 311,710 311.710 334,561 TOTAL FUNDS CARRIED FORWARD 17 306,469 306.469 311,710 I Iransactlons ar• darivod from continuing actwI￿o$. All rècogni$*d ￿1n5 and losses are Include 20