The Hundred of Hoo
Nursery and Kids Club
Limited
Trustees. report and financial
statements
31 August 2024
Company Limited by Guarantee
Registration Number 06389366
(England and Wales)
Charity Regislration Number: 1131001

Contents
Reports
Reference and administrative details of the
charity, ils Trustees and advisers
Trustees, report
Independent audilor's report on the financial
statements
Flnancial Statements
Statement of financial activities
11
Balance sheet
12
statement of cash flows
Principal accounting policies
14
Notes to the financial statements
17
The Hundred of Hoo Nursery and Kids Club Limited

Reference and administrative information 31 August 2024
Trustees
Mr M Costello (Chair)
Ms E J Dehaney
Mrs P Sanford
Company Secretary
Mr N Willis
Registered office
The Hundred of Hoo Academy
Main Road
Hoo St Werburgh
Rochester
Kent
ME3 9HH
Company registration number
06389366 (England and Wales)
Charity registered number
1131001
Auditors
Buzzacott LLP
130 Wood Street
London
EC2V 6DL
Bankers
Natwest Bank PIC
148 High Street
Chatham
Kent
ME44DB
The Hundred of Hoo Nursery and Kids Club Limited 1

Trustees, report 31 August 2024
The Trustees (who are also directors of the charity for the purposes of the Companies Acl)
present their annual report together with the audited financial statements of The Hundred of
Hoo Nursery and Kids Club Limited (the charitable company) for the year ended 31 August
2024. This report has been prepared in accordance with Part 8 of the Charities Act 2011 and
serves as a directors, report for the purposes of the Companies Act 2006.
The financial statements have been prepared in accordance with the accounting policies set
out on pages 14 to 16 therein and comply with the charitable company's Memorandum and
Articles ofAssociation, applicable laws 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 United Kingdom and Republic of Ireland
(FRS 102).
structure, governance and management
The charitable company was incorporated on 3 October 2007 (Company Number 06389366).
The charitable company is a company limited by guarantee and is governed by its
Memorandum and Articles of Association. The members of the charitable company are the
Trustees named on page 1. In the event of the charitable company being wound up, the
liability in respect of the guarantee is limited to £1 per member of the charitable company. The
charitable company registered as a charity on 7 August 2009 (Charity Registration Number
1131001). The charitable company is a wholly owned subsidiary of Leigh Academies Trust.
Trustees
The Trustees who served during the year and up to the date of approval of the financial
statements were as follows..
Michael Costello {Chair)
Emma Dehaney
Pat Sanford
Method of appointment or election of Trustees
The management of the charitable company is the responsibility of the Trustees who are
elected and co-opted under the terms of Ihe Memorandum and Articles of Association.
Remuneration of key management personnel
All Trustees give their time freely and receive no remuneration. The pay and remuneration of
key management personnel is set by the Pay Committee. Key management personnel of the
charity includes the Nursery Manager and the Deputy Nursery Manager.
Objectives and activities
The principal activity of the charitable company is the operation of a Nursery and Kids Club in
Hoo St Werburgh, Rochester, for the purpose of the advancement of education. In selting
objectives and planning the activities. the Trustees have given careful consideration lo the
Charity Commission's general guidance on public benefit.
The Hundred of Hoo Nursery and Kids Club Limited 2

Trustees, report 31 August 2024
Achievements, performance and plans
The Hundred of Hoo Nursery and Kids, Club Limited continues to provide high-quality early
education and strong community links.
Currently caring for 160 children from the local community, exceeding our registered capacity
of 96, we leverage the resources of the Leigh Academies Trust to continually enhance our
offerings.
Our unique location within The Hundred of Hoo Academy provides unparalleled opportunities.
Children enjoy nature walks. shared meals in the school canteen, and library visits where
they're read lo by older students.
Ofsted Inspection
In July 2019, Ofsted rated the nursery as Good overall, with an Outstandlng rating for
person81 development, behaviour, and welfare. The report highlighted strong staff-child
relationships and excellent progress made by children.
Since then, we've further invested in our learning environment and resources, creating flexible
spaces and enhancing outdoor areas to maximise play opportunities. We are confident that
our next inspection will result in an Outstanding rating.
Stafflng
Our experienced team, including the Manager, Deputy Manager, and early years
practitioners, ensures consistent high-quality care and education. While the sector faces
recruilmenl challenges, our partnership with the LAT recruitment team has enabled us to fill
vacancies promptly.
Safeguarding
Safeguarding is paramount to the nursery. We have robust safeguarding policies and
procedures in place to protect children. All staff undergo regular safeguarding training and are
vigilant in identifying and reporting any concerns.
Financial review
The attached financial slatements show the current state of the finances, which Ihe Trustees
consider to be sound.
Reserves of £206,729 have been accumulated al 31 August 2024, which are all unrestricted
funds.
Reserves policy
As described in the accounting policies. the Trustees have a policy that a fixed asset fund
should be maintained to fund Ihe fulure depreciation of fixed assets. This fund represents the
net book value of fixed assets already purchased and so this fund is not available for
spending. The Trustees have a policy to relain three months of running costs, c£155,000, in
free reserves and at 31 August 2024 the level Df unrestricted general funds being £206,000
was in line with this policy. Trustees will keep the policy under review if there should be
material change in financial circumstances.
The Hundred of Hoo Nursery and Kids Club Limited 3

Trustees, report 31 August 2024
Public Benefit
The Board of Trustees has taken accounl of the Charity Commission's guidance on public
benefit in reviewing the charity's aims and objectives and planning future activities.
Fundraising
The charitable company does not actively solicit fundraising from the public. During the year
Ihere were no complaints in respect of fundraising.
Risk management
The charitable company has identified the following key risks and has put mitigation in place..
a decrease in pupils on roll which would lead to a decrease in funding and fee income.
This risk is mitigated by regular reviews and close collaboration with LAT finance ensure
timely forecasting.
recruitment of appropriately qualified staff to meet the needs of the pupils of the nursery,
especially the younger age group. This risk is mitigated by the nursery having full access
to The LAT Talent Team who supporls our recruitment efforts to secure qualified staff,
especially for younger age groups.
By addressing these key areas, we are committed to providing an exceptional early education
experience for every child.
Trustees, responsibilities statement
The Trustees (who are also directors of The Hundred of Hoo Nursery and Kids Club Limited
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 period.
Under company law, the Trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the charitable company
and of the income and expenditure of the charitable company for that period. In preparing
these financial statements, the Trustees are required to:
select suilable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP-
make judgments and accounting 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 statements., and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that Ihe charitable company will continue in operalion.
The Hundred of Hoo Nursery and Kids Club Limited 4

Trustees, report 31 August 2024
Trustees, responsibilities statement (continued)
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the charitable company's transactions and disclose with reasonable
accuracy at any time the financial position of the charitable company and enable Ihem to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and delection of fraud and other irregularities.
Each of the Trustees confirms that-
so far as the Trustee is aware, there is no relevanl audit information of which the
charitable company's auditors are unaware. and
the Trustee has taken all the steps Ihat he ought to have taken as a trustee in order to
make themselves aware of any relevant audit informalion and to establish that the
charitable company's auditors are aware of that information.
In preparing this report, the Trustees have taken advantage of the small companies
exemptions provided by section 415A of the Companies Act 2006.
This report was approved by the Trustees on 17 De￿mber 2024 and signed on Iheir behalf by:
Truslee
Ms E J Dehaney
The Hundred of Hoo Nursery and Kids Club Limited 5

Independent auditor's report 31 August 2024
Independent auditor's report to the members of The Hundred of Hoo Nursery and Kids
Club Llmited
We have audited the financial statements of The Hundred of Hoo Nursery and Kids Club
Limited (the 'charitable company'l for the year ended 31 August 2024 which comprise the
statement of financial aclivities. the balance sheet, statement of cash flows, the principal
accounting policies and the notes to Ihe financial statements. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom
Accounling 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..
give a true and fair view of the state of the charitable company's affairs as at 31 August
2024 and of its income and expenditure for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice,. and
have been prepared in accordance wilh the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Inlernational Standards on Auditing (UK) (ISAS
(UK)} and applicable law. Our responsibilities under those standards are further described in
the auditor's 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 UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requiremenls. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
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 Ihe preparalion of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to evenls or conditions that, individually or collectively. may cast significant doubt on
the charitable company's ability to conlinue as a going concern for a period of at least Iwelve
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.
The Hundred of Hoo Nursery and Kids Club Limited 6

Independent auditor's report 31 August 2024
Other information
The other information comprises the information included in the annual report, including the
trustees, annual report, other than the financial statements and our auditor's report thereon.
The Trustees are responsible for the other informalion contained within the annual report. Our
opinion on the financial statements does not cover the other information and, except to Ihe
extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion thereon.
Our responsibility is to read Ihe 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 Ihat there is a material misstatement of
this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
• the informalion given in the Truslees, report, which is also the directors, report for the
purposes of company law, for the financial year for which the financial statements are
prepared is consistent wilh the financial statements. and
• the Truslees, report, which is also the directors, report for the purposes of company law,
has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the lighl ofthe knowledge and underslanding ofthe charitable company and ils environmenl
oblained in the course of the audit, we have nol idenlified material misstatements in the
Trustees, report. We have nothing lo report in respect of the following matters in relation to
which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kepl, or returns adequate for Dur audit have
nol been received from branches nol visited by us., or
• the financial stalemenls are not in agreement with the accounting records and returns., or
certain disclosures of Trustees. remuneration specified by law are not made., or
we have not received all Ihe information and explanations we require for our audit. or
• the Trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies, exemptions in
preparing the Trustees, report and from the requirement lo prepare a strategic report.
The Hundred of Hoo Nursery and Kids Club Limited 7

Independent auditor's report 31 August 2024
Responsibilities of Trustees
As explained more fully in the Trustees, responsibilities statement set out on pages 4 and 5,
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 statemenls 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 lo continue as a going concern, disclosing, as applicable, malters
related to going concern and using the going concern basis of accounting unless the Trustees
either intend to liquidate the charilable company or to cease operations, or have no realistic
alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are lo 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
auditor's report that includes our opinion. Reasonable assurance is a high level of assurance,
but is nol 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, oullined above, to delect material
misstatements in respect of irregularities, including fraud. The extent to which our procedures
are capable of delecting irregularities, including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations, was as follows..
• the engagement partner ensured that the engagement team collectively had the
appropriate competence, capabililies and skills to identify or recognise non-compliance
with applicable laws and regulations., and
• we obtained an underslanding of the legal and regulatory frameworks that are applicable
lo Ihe charitable company and determined that the most significant frameworks which are
directly relevant to specific assertions in the financial slalements are those that relate to
the reporting framework (Statement of Recommended Practice.. Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102),
the Charities Act 2011 and the Companies Act 2006.
The Hundred of Hoo Nursery and Kids Club Limited

Independent auditor's report 31 August 2024
Auditor's responsibilities for the audit of the financial statements (continued)
We assessed the susceptibility of the charitable company's financial statements to material
misstatement, including obtaining an understanding of how fraud might occur, by..
making enquiries of management as to their knowledge of aclual, suspected and alleged
fraud,. and
considering the internal controls in place to mitigate risks of fraud and non-compliance
with laws and regulations.
To address the risk of fraud through management bias and override of controls, we..
performed analytical procedures to identify any unusual or unexpected relationships.,
tested journal entries to identify unusual transactions- and
assessed whether judgements and assumptions made in delermining the accounling
eslimales were indicative of potential bias.
In response to the risk of irregularities and non-compliance with laws and regulations. we
designed procedures which included, but were not limited to:
review of the minutes of meetings of those charged with governance. and
enquiring of management as to actual and potential litigation and claims.
There are inherent limitations in our audit procedures described above. The more removed
that laws and regulations are from financial transactions, the less likely it is that we would
become aware of non-compliance. Auditing standards also limit the audit procedures required
to identify non-compliance with laws and regulations to enquiry of the Trustees and other
management and the inspeclion of regulatory and legal correspondence, if any.
Material misslatements that arise due to fraud can be harder to detect than those that arise
from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's
website at www.frc.org.uklauditorsresponsibilities. This descriplion forms part of our auditor's
report.
The Hundred of Hoo Nursery and Kids Club Limited 9

Independent auditor's report 31 August 2024
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 mighl state to the charitable company's members those malters we are required
to state lo them in an auditor's report and for no other purpose. To the fullest exlenl permitted
by law, we do not accept or assume responsibility to anyone other than Ihe charitable
company and the charitable company's members as a body, for our audit work, for this report,
or for the opinions we have formed.
Katharine Patel (Senior Statutory Auditor)
For and on behalf of Buzzacott LLP, Statutory Auditor
130 Wood Street
London
EC2V 6DL
Date.. 18 December 2024
The Hundred of Hoo Nursery and Kids Club Limited 10

statement of financial activities
(incorporating income and expenditure account) Year to 31 August 2024
Un-
2024 reslricled Restricted
Total
funds
funds
funds
2023
2023
restricted Restrlcted
funds
funds
2024
2024
2023
Total
funds
les
Income from:
Charitable activities
Total income
710,921
710.921
17,313 728,234
17,313 728,234
580.466
580,466
536
536
581,002
581,002
Expendlture on:
Charitable activities
Total expendlture
624,296
624,296
17.313 644,609
17,313 644,609
557,944
557,944
536
536
558,4BO
558,480
Net income and net
movement in funds
83.625
83,625
22,522
22,522
Reconciliation of funds
Total funds brought fotward
at 1 September 2023
Total funds carried foNard
at 31 August 2024
120,104
120,104
97,582
97,582
203,729
203.729
120,104
120,104
The notes on pages 17 to 21 form part of Ihese financial statements
The Hundred of Hoo Nursery and Kids Club Limited 11

Balance sheet 31 August 2024
2024
2024
2023
2023
Notes
Flxed assets
Tangible fixed assets
7.120
9,812
Current assets
Debtors
Cash al bank and in hand
22,081
261,922
284,003
5,519
217,652
223,171
Liabilities
Creditors.. amounts falling due wilhin
one year
Net current assets
{87,394)
1112,8791
196,609
110,292
Total assets less current liabilities
Net assets
203,729
203,729
120,104
120,104
Funds and reserves:
Restricted funds
Designated funds
Unreslricled funds
7,120
196,609
9,812
110,292
Total funds
203,729
120,104
The financial statements were approved and authorised for issue by the Trustees on
17 December 2024 and signed on their behalf, by:
Truslee
Ms E J Dehaney
The notes on pages 17 to 21 form part of these financial slatements.
Company number.. 06389366
The Hundred of Hoo Nursery and Kids Club Limited 12

Statement of cash flows Year to 31 August 2024
2024
2023
Nèt cash flows from operatlng actlvltles
Net cash provided by operaling activities
44,270
42.298
Change In cash and cash equivalents In the year
44,270
42,298
Cash and cash equivalents at 1 September 2023
217.652
175,354
Cash and cash equivalents at 31 August 2024
261,922
217,652
A. Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net income for the year {as per statement of financial activities)
83,625
22.522
Adjustment for:
Depreciation charges
{Incr8ase) decrease in debtors
(Deorease) increase in creditors
Net cash provided by operatlng actlvltles
2,692
(16,562)
(25,4851
44,270
4,314
158
15,304
42,298
B. Analysls of cash and cash equlvalents
2024
2023
Cash al bank and in hand
Total
261.922
261,922
217,652
217,652
No separate reconciliation of net debt has been prepared as there is no difference between
the net cash (debt) of the charity and Ihe above cash and cash equivalents.
The Hundred of Hoo Nursery and Kids Club Limited 13

Principal accounting policies 31 August 2024
Basis of preparation of financial statements
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) (Charilies SORP), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
These accounls have been prepared for the year to 31 August 2024 with comparative figures
provided in respect to the year lo 31 August 2023. The accounts are presented in sterling and
are rounded to the nearest pound.
The Hundred of Hoo Nursery and Kids Club Limited meets the definition of a public benefit
entity under FRS 102. Assels and liabililies are initially recognised at historical cost or
transaction value unless othemise stated in the relevanl accounting policy.
Critical accounting estimates and areas of judgement
Preparalion of the accounts requires the trustees to make significant judgements and
estimates. The items in the aocounts where thesejudgements and estimates have been made
include:
estimating future income and expenditure flows and the charily's financial position., and
estimating the economic useful life of fixed assets.
Estimates and judgments are continually evaluated and are based on historical experience
and other factors, including expectations of future events that are believed to be reasonable
under the circumstances.
Golng concern
The Trustees assess whether the Lrse of going concern is appropriate i.e. whether there are
any material uncertainties related to events or condition that may cast significant doubt on the
ability of the charitable company lo continue as a going concern. The Trustees make this
assessment in respect of a period of one year from the dale of approval of the financial
statements.
Income
All income is recognised once the charitable company has enlitlemenl lo Ihe income, il is
probable that the income will be received and the amount of income receivable can be
measured reliably.
Expenditure
Expenditure is recognised once there is a legal or construclive 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 cari be measured reliably.
Support costs are those costs incurred directly in support of expenditure on the objects of the
charitable company.
The Hundred of Hoo Nursery and Kids Club Limited 14

Principal accounting policies 31 August 2024
Charitable aclivities are costs incurred on the charitable company's educational operations,
including support costs and costs relating to the governance of the charitable company
apportioned to charitable activities.
Tangible fixed assets and depreciation
All assets costing more than £500 are capitalised.
A review for impairment of a fixed asset is carried out if events or changes in circumstances
indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between
the carrying value of fixed assets and their recoverable amounts are recognised as
impairments. Impairment losses are recognised in the statement of financial activities.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairmenl.
Depreciation is provided at rates calculated to write off the cost of fixed assels, less their
estimated residual value, over their expected useful lives on the following bases-
Improvemenl to premises
Furniture fixtures and fittings
other equipment
Computer equipment
Over Ihe term of the lease
15/0
200/0 Straight line basis
20 % straight line basis
33 /0 Straight line basis
Operatlng leases
Rentals under operating leases are charged to the statement of financial activities on a
straight line basis over Ihe lease term.
Debtors
Trade and other deblors are recognised at the settlement amount after any Irade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-lerm highly liquid inveslments with a short
maturity ofthree months or less from the date of acquisition or opening of the deposit or similar
account.
The Hundred of Hoo Nursery and Kids Club Limited 15

Principal accounting policies 31 August 2024
Llabilities 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 selllement,
and the amount of the settlement can be estimated reliably. Liabilities are recognised at the
amount thal the charitable company anticipates it will pay to settle the debt or the amount it
has received as advanced payments for the goods or services il 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
liabilily. The unwinding of the discount is recognised within interest payable and similar
charges.
Financial instruments
The charilable company only has financial assets and financial liabilities 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.
Pensions
The charitable company operates a defined contribution pension scheme and the pension
charg8 represents the amounts payable by the charity to the pension fund in respect of the
year.
Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the
Truslees in furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Designated funds comprise unrestricted funds thal 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 lo be used in accordance with specific restrictions
imposed by donors. 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 noles to the financial
slatements.
Lease commitments
The charitable company has entered into lease commitments in respect of property, plant and
equipmenl. The classificalion of these leases as either financial or operating leases requires
the Trustees to consider whether the terms and conditions of each lease are such that the
charitable company has acquired the risks and rewards associated with the ownership of the
underlying assels.
The Hundred of Hoo Nursery and Kids Club Limited 16

Notes to the financial statements 31 August 2024
1. Income from charitable activities
Un-
restricted Restricted
funds
funds
2024
2024
Un-
reslricled Re51ricled
fLJnds
funds
2023
2023
2024
Total
funds
2023
Total
funds
Fees receivable
Nursey vouchers
Donations
DAF funding
352,283
358.638
352,283
246,149
15,003
2,310
72B,234
333.727
246,149
590
333,72T
246.149
590
536
581,002
15,003
2,310
17,313
536
536
710,921
580,466
2. Analysis of expendilure on charitable activities
restrlcted Restrlctgd
funds
funds
2024
2024
2024
Total
funds
reslricled Reslricled
funds
funds
2023
2023
2023
TDlal
funds
Charitable activities
627,296
17,313
644,609
557,944
536
558.480
2024
Total
2023
Total
Wages and salarie8 Inole 4)
LAT central services charges
Toys. books, magazines and materials
Food and drinks
Advertising
Hygiene, cleaning and waste disposal
Uniforms and protective clothing
Subscriptions and sofbMar8
Training
Insuran
Equipment hire
Repairs and renewals
Telephone
Slationery, printlng, photocopying and postag8
Sundry expenses
Gifts for staff and clients
Accounting and professional fe8S
Bank charges
Rent
Depreciation
Total
486,409
18,414
1,114
49,237
1,536
3,766
417
4,546
750
1,168
17,932
19,362
659
1.827
439,613
1,433
44,326
1,122
11,455
286
5,282
390
1,882
10,662
1,567
651
2,049
350
291
7.340
467
25,000
4,314
558,480
54
6,952
274
27,500
2,692
644,609
3. Net income
This is staled after charging:
2024
Total
2023
Total
Depreciation of tangible fixed assets
Audit fees
2,692
4,212
4,314
4,380
The Hundred of Hoo Nursery and Kids Club Limited 17

Notes to the financial statements 31 August 2024
4. Staff costs
Staff costs were as follows..
2024
Total
2023
Total
Wages and salaries
Social security costs
Other pension costs
444,326
33,059
9,024
486,409
405,687
26,670
7,256
439,613
The average number of persons employed by the charitable company during the year was 24
12023- 23).
Average headcount expressed as a full time equivalent was 20 (2023- 18).
No employee received remuneration amounting to more than £60.000 in either year.
During the financial year the remuneration and benefits received by the charity's key
management personnel amounted to £76,659 (2023- £76,284). Key management personnel
included the Nursery Manager and Deputy Nursery Manager.
During the year, no Trustees received any remuneration (2023- none).
During the year. no Trustees received any reimbursement of expenses (2023- none).
5. Tangible fixed assets
Furniture.
lixlures &
Computer
and othèr
equiprn&nl
Improvements
lo prèmises
Total
funds
Cost
Al I September 2023
Additions
Al 31 August 2024
17,461
33,209
31,320
81,990
17.461
33.209
3?.320
81,990
Depreciatlon
Al 1 September 2023
Charge in y6ar
Al 31 August 2024
17.461
23,397
2,692
26,089
31.320
72,178
2,692
74.B70
17,461
31,320
Net book value
Al 31 August 2024
Al 31 August 2023
7.120
9,812
7,120
9,812
6. Debtors
2024
Total
2023
Total
Due withln one year
other debtors
Prepayment and accrued income
22,081
3,312
2,207
5,519
22,081
The Hundred of Hoo Nursery and Kids Club Limited 18

Notes to the financial statements 31 August 2024
7. Creditors: Amounts falling due within one year
2024
Total
2023
Total
Trade creditors
Other taxation and social security
Other creditors
Amount due to parent undertaking (note 13)
Accruals and deferred income
885
7.464
2,601
18,000
58,444
87,394
8.873
6.705
2,210
52.216
42,875
112,879
Included within accruals and deferred income above is the following deferred income balance
relating to funding and fees received in Augusl 2024 relating to 2024125.
2024
Total
2023
Total
Deferred income
Deferred income at 1 September 2023
Resources deferred during the year
Amounts released in year
Deferred income at 31 August 2024
2T.138
84,913
162,5531
49,498
19,303
62,083
154,2481
27,138
8. Funds
Balance al
Balance at
31 August
2024
September
2023
Income Expendilur&
Transfer
2024
Unrestrlcted funds:
Designated funds
Fixed asset fund
9,812
(2,692)
7,120
General funds
General funds
110,292
120,104
710,921
710,921
1624,604)
1627,2961
196,609
203,729
Restrl¢ted funds
DAF
Other donations
2,310
15,003
17,313
{2,3101
{15,0031
117,3131
Total funds
120,104
728.234
1644.609)
203,729
The Hundred of Hoo Nursery and Kids Club Limited 19

Notes to the financial statements 31 August 2024
8. Funds (continued)
Balance at
Balance al
31 August
2023
September
2022
Incon7e Expendilure
Transfer
2023
Unrestricted funds.-
Designated funds
Fixed asset fund
14,126
(4,314)
9,812
General funds
General ftinds
84,456
97,582
580,466
580,466
(553, 630)
(557,944)
770,292
120,104
Restricted funds
DAF
536
536
(536)
(536)
Total funds
97,582
581,002
(558,480)
120,704
9. Analysis of net assets between funds
Unrestricted
funds
2024
Reslricled
funds
2024
Total
funds
2024
2024
Tangible fixed assets
Current a8sels
Credilors due within one year
7,120
284,003
187,3941
203,729
7,120
284,003
187,394)
203.729
Unrestricted
funds
2023
Restricted
funds
2023
Tolal
funds
2023
2023
Tangible fixed assets
Current assets
Creditors due within one year
9,872
223, 171
(7 12,879)
720, 104
9,812
223,171
(112,879)
120,104
10. Pension commitments
The company operates a defined contributions pension scheme. The assets of the scheme
are held separately from those of the company in an independently administered fund. The
pension cost charge represents contributions payable to the fund and amounted to £9,024
(2023 - £7,256). At the balance sheet date £1,906 was payable lo the fund (2023 - £1.590).
The Hundred of Hoo Nursery and Kids Club Limited 20

Notes to the financial statements 31 August 2024
11. Operating lease commitments
At 31 August 2024 the total ofthe charitable company's future minimum lease payments under
non-cancellable operating leases was:
2024
2023
Equipmenl
Amounts payable:
within 1 year
within 2-5 years
2,520
7,560
2,520
8.820
12. Related party transactions
During the year ended 31 August 2024, the following amounts were paid to Leigh Academies
Trust, the ullimate parent undertaking:
• Rent: £27,500 (2023: £25,000)
+ Reimbursed purchases.. £94,022 {2023: £23,707)
At 31 August 2024, £18,000 (2023.. £52,216) was owed to Leigh Academies Trust.
13. Ultimate parent undertaking
The parent ursdertaking is Leigh Academies Trust by virtue of assuming legal ownership of
the Nursery from 1 January 2019 following a merger with the Nursery's previous parent
company. Leigh Academies Trust, is incorporated in England and Wales as a company limited
by guarantee (Company Registration Number 02336587), its registered office is Carnation
Road, Strood, Rochester, Kent ME2 2SX.
The Hundred of Hoo Nursery and Kids Club Limited 21