TRUSTEES’ ANNUAL REPORT
Reference and Administrative Details
Charity Name: Smart Kids Childcare
Charity Number: 1131945
Principal Address: Bhailok Square, Fulwood, Preston, PR2 8DY
Trustees:
-
Lynda Hayes
-
Sufiya Valli
-
Russell Hayes
-
Mumtaz Kapadia
Manager/Person Responsible for Day-to-Day Management: Lynda
Hayes
Chair of Trustees’ Statement
On behalf of the Board of Trustees, I am pleased to present the Annual Report for the year ended 31[st] August 2025.
The nursery continues to provide high-quality early years education and care for children and families within our local community. We remain committed to creating a safe, nurturing and inclusive environment where children can learn, develop and thrive. Throughout the year, we have continued to strengthen our curriculum, invest in staff development, support children’s wellbeing and maintain strong partnerships with families and the wider community.
The Trustees would like to thank the management team, practitioners and families for their ongoing commitment and support.
Objectives and Activities
The charity’s objectives are to advance the education and development of children through the provision of high-quality early years education and childcare.
The nursery operates in accordance with the Early Years Foundation Stage (EYFS) and seeks to:
-
Provide a safe, secure and stimulating environment for all children.
-
Promote children’s learning and development through play-based experiences.
-
Support children’s emotional wellbeing and personal development.
-
Foster positive relationships with parents, carers and the wider community.
-
Promote equality, diversity and inclusion.
-
Ensure all children, including those with Special Educational Needs and Disabilities (SEND), have access to high-quality learning opportunities.
In planning activities, the Trustees have considered the Charity Commission’s guidance on public benefit and are satisfied that the charity’s activities continue to provide clear public benefit.
Achievements and Performance
Quality of Education and Care
The nursery continues to provide a broad and balanced curriculum that supports children’s learning and development across all areas of the EYFS. Practitioners plan learning experiences based on children’s interests, developmental needs and individual next steps, ensuring all children are supported to make good progress.
Children benefit from a stimulating environment that promotes independence, curiosity, creativity and confidence. Strong relationships between practitioners, children and families continue to support positive outcomes for all children.
Staff Training and Professional Development
The Trustees recognise that investing in staff development is essential to maintaining high standards of care, education and safeguarding.
SEND Training
Practitioners completed specialist SEND training, including:
-
The Graduated Approach – From SEN Support to Education, Health and Care Needs Assessment
-
The Role of the SENCO
-
Educational Psychology Early Years Offer
-
The Power of Connection – Relational and Trauma-Informed Practice in the Early Years
This training strengthened practitioners’ understanding of inclusive practice, early intervention and effective support for children with additional needs.
Additional Professional Development
Practitioners also attended:
-
Collaborative Journeys – The Power of Connection
-
Music Everywhere
-
EYFS Update Briefing Sessions
-
Play Matters: Enhancing Learning Through Mediation and Modelling
-
Safeguarding Level 2 – Sharing Concerns
-
Persona Dolls
-
Little Experimenters Workshop
-
Media and Materials
These opportunities have enhanced practitioners’ knowledge of child development, curriculum delivery, safeguarding responsibilities and effective teaching strategies.
Paediatric First Aid
All practitioners retained valid Paediatric First Aid Certificates throughout the year, ensuring compliance with statutory requirements and promoting children’s health and safety.
Professional Networks
As members of the National Day Nurseries Association (NDNA), management and practitioners participated in network meetings, enabling them to remain informed of sector developments and share good practice with other early years professionals.
Supporting Children’s Health and Development
Let’s Get Brushing
The nursery participates in the Let’s Get Brushing supervised toothbrushing programme. Children aged two to five years are supported to brush their teeth daily, helping to establish positive oral health habits and promote lifelong wellbeing.
WellComm Assessment
The WellComm Assessment Toolkit continues to be used to support children’s speech, language and communication development. The screening process enables practitioners to identify children requiring additional support and implement targeted interventions at an early stage.
Community Engagement
The nursery remains committed to developing positive links within the local community.
Regular visits and partnerships include:
-
Visits to the local Church.
-
Visits to the local Mosque.
-
Library visits to participate in Story Time sessions.
-
Bounce and Rhyme sessions for babies and young children.
These experiences help children develop an understanding of their community, different cultures and faiths, and encourage a lifelong love of books and language.
Enrichment Activities
Swimming lessons continued for pre-school children throughout the year.
The Trustees are delighted that all participating children achieved the Little Ducklings Level 4 Award, demonstrating excellent progress in water confidence, swimming ability and personal achievement.
Celebrations and Special Events
Children participated in a wide range of events and celebrations throughout the year.
Harvest Festival
Children celebrated Harvest by collecting donations of food for individuals experiencing homelessness. Donations were distributed through the local Church and the Salvation Army, helping children understand the importance of kindness, generosity and supporting others.
Christmas Jumper Day
Families supported Christmas Jumper Day through charitable donations, raising funds for worthy causes while encouraging children to participate in community fundraising.
Christmas Celebrations
The annual Christmas Party was a great success. Children enjoyed a visit from Father Christmas and entertainment from a magician, creating memorable experiences for all age groups.
Eid Celebrations
Eid was celebrated throughout the week with themed activities, stories and creative experiences. Celebrations concluded with a party enjoyed by all children, promoting understanding, respect and appreciation of different cultures and traditions.
Safeguarding
Safeguarding remains a key priority for the Trustees and staff team. Robust safeguarding policies and procedures are in place and are reviewed regularly to ensure compliance with statutory requirements.
Staff receive regular safeguarding training and updates and understand their responsibilities for protecting children from harm. The Trustees are satisfied that appropriate arrangements continue to be in place to safeguard and promote the welfare of all children attending the nursery.
Plans for the Future
The Trustees will continue to:
-
Invest in staff training and professional development.
-
Strengthen SEND provision and early intervention strategies.
-
Enhance children’s communication and language development.
-
Maintain strong partnerships with families and the local community.
-
Develop further enrichment opportunities for children.
-
Continue to review and improve the curriculum to ensure the best possible outcomes for all children.
-
Promote children’s health, wellbeing and emotional resilience.
The Trustees remain committed to providing high-quality early years education and care that enables every child to achieve their full potential.
Approved by the Board of Trustees on: 5[th] March 2026
Signed on behalf of the Trustees:
Chair of Trustees: Lynda Hayes
Date: 5[th] March 2026
Company Registration No. 06873377 (England and Wales) Registered Charity No. 1131945
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
SMART KIDS CHILDCARE
(A company Limited by Guarantee)
SMART KIDS CHILDCARE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | ||
|---|---|---|
| Report of the Trustees | 1 | |
| Independent Examiner's Report | 2 | |
| Statement of Financial Activities | 3 | |
| Balance Sheet | 4 to 5 | |
| Notes to the Financial Statements | 6 | to 14 |
| Detailed Statement of Financial Activities | 15 | to 16 |
SMART KIDS CHILDCARE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its government document, a deed of trust, and constitues a limited company, limited by guaranee, as defined by the Companies House Act 2006.
REFERENCE AND ADMINISTRATION DETAILS
Registered Company Number
06873377 (England and Wales)
Registered Office
Bhailok Square Fulwood Preston Lancashire PR2 8DY
Trustees
Mrs L Hayes Nursery Manager Mrs S Valli Community Support Worker Mr R J Hayes Business and Communications Manager
Independent Examiner
Fare Pay & Books 25 Grange Lane Newton Preston Lancashire PR4 3RS
Approved by order of the board of trustees on 5 March 2026 and signed on its behalf by:-
~~….................................................................................................~~
Mrs L Hayes - Trustee
1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SMART KIDS CHILD CARE
Independent examiner's report to the trustees of Smart Kids Childcare ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (who are also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
The company's gross income did not exceed £250,000 and I am qualified to undertake the examination by being an AAT Licensed Accountant.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs KA Fare MAAT
Fare Pay & Books 25 Grange Lane Newton with Scales
Preston
Lancashire PR4 3RS 04 May 2026
2
SMART KIDS CHILD CARE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable Activities Expenses Total NET EXPENDITURE / INCOME RECONCILIATION OF FUNDS Total funds brough forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted Fund Notes £ 2 193,917 3 0 193,917 4 67,609 5 211,239 278,848 -84,930 608,480 523,550 |
2024 Total Fund £ 262,720 0 262,720 |
|---|---|---|
| 233,884 18,161 252,046 10,674 597,806 |
||
| 608,480 |
The notes form part of these financial statements
3
SMART KIDS CHILD CARE
BALANCE SHEET AS AT 31 AUGUST 2025
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted funds TOTAL FUNDS |
2025 Unrestricted Fund Notes £ 11 59,660 12 6,712 458,218 464,930 13 -1,040 463,890 523,550 14 523,550 523,550 |
2025 Total Fund £ 66,469 23,754 519,830 |
|---|---|---|
| 543,584 -1,573 542,011 |
||
| 608,480 | ||
| 608,480 | ||
| 608,480 |
The notes form part of these financial statements
4
SMART KIDS CHILD CARE
BALANCE SHEET - CONTINUED AS AT 31 AUGUST 2025
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.
The financial statements were approved by the Board of Trustees on 4 March 2026 and were signed on its behalf by:
….................................................................................................
Mrs L Hayes - Trustee
The notes form part of these financial statements
5
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Repubic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is proabable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with theuse of resources.
Tanglible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on reducing balance
Plant and machinery - at variable rates on reducing balance Fixtures and fittings - 25% on cost Motor vehicles - 25% on cost
Computer Equipment - 50% on reducing balance
6
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements - continued
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES | |||
|---|---|---|---|
| Fees received Funding Other grants Grants received, included in the above, are as follows: |
2025 £ 80,077 112,854 192,931 2025 £ 0 |
2024 £ 161,218 101,502 |
2024 |
| 262,720 | |||
| 2024 | |||
| £ 0 |
7
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
3. INVESTMENT INCOME
| 3. INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Deposit account interest 4. RAISING FUNDS Raising donations and legacies Rates and utilities Insurance Rent of loan store Other trading activities Trustees' remuneration etc Staff costs Food and drink Resources and activities Staff and children's uniforms Aggregate amounts |
2025 £ 0 2025 £ 23,980 16,379 27,250 67,609 2025 £ 74,348 114,196 3,674 2,307 168 194,693 262,302 |
2024 £ 0 2024 £ 13,212 10,965 27,250 51,427 2024 £ 82,397 90,506 9,554 0 0 182,457 |
2024 £ 0 2024 £ 13,212 10,965 27,250 |
2024 |
| £ 0 2024 |
||||
| 51,427 | ||||
| 2024 | ||||
| 233,884 |
8
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
5. CHARITABLE ACTIVITIES COSTS
| 5. CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Support | |||
| Direct | Costs | ||
| Costs | (Note 6) | Totals | |
| £ | £ | £ | |
| 19,511 | 1517 | 21,028 | |
| Expenses | |||
| 6. SUPPORT COSTS | |||
| Goverance | |||
| Finance | Costs | Totals | |
| £ | £ | £ | |
| Expenses | 0 | 937 | 937 |
| 7. NET (EXPENDITURE) / INCOME | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Net (expenditure) / income is stated after charging: | |||
| Depreciation - owned assets | 6,809 | 8713 | |
| 8. TRUSTEES'REMUNERATION AND BENEFITS | 2025 | 2024 | |
| £ | £ | ||
| Trustees' salaries | 74,348 | 82,397 | |
| Trustees'benefits | |||
| Trustees received reimbursement for expenses incurred during the year ended 31 | August 2025. | No benefit | |
| arose from the reimbursement. | |||
| 9. STAFF COSTS | 2025 | 2024 | |
| £ | £ | ||
| Wages and salaries | 114,196 | 90,506 | |
| Social security costs | 13,306 | 13,306 | |
| Other pension costs | 0 | 0 | |
| 127,502 | 103,812 |
9
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
9. STAFF COSTS (CONTINUED)
The average monthly number of employees during the year was as follows:
| The average monthly number of employees during the year was as follows: | |
|---|---|
| 2025 Employees 11 No employees received emoluments in excess of £60,000. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Fund £ Income and Endowments from Donations and legacies 192,931 Investment income 0 Total 192,931 Expenditure on Raising funds Charitable activities Expenses 277,862 Total 277,862 Net Income / Expenditure -84,930 RECONCILIATION OF FUNDS Total funds brought forward 608,480 Total funds carried forward 523,550 |
2024 |
| 9 |
10
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| 11. TANGIBLE FIXED ASSETS Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for year At 31 August 2025 Net Book Value At 31 August 2025 At 31 August 2024 Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for year At 31 August 2025 Net Book Value At 31 August 2025 At 31 August 2024 |
Freehold Property £ 213,484 0 213,484 158,154 5,533 163,687 49,797 55,330 |
Plant and Fixtures Machinery and Fittings £ £ 36,070 27237 0 0 36,070 27,237 26,014 26,154 1,006 270.75 27,020 26,425 9,050 812 10,056 1,083 Computer Equipment Totals £ £ 7,757 284,548 0 0 7,757 284,548 7,757 226,792 0 6809.35 7,757 233,601 0 59,660 0 57,756 |
Fixtures and Fittings |
Fixtures and Fittings |
Fixtures and Fittings |
|---|---|---|---|---|---|
| Fittings | |||||
£ 27237 0 27,237 |
|||||
| 26,154 270.75 |
|||||
| 26,425 | |||||
| 226,792 6809.35 |
|||||
| 233,601 | |||||
| 59,660 57,756 |
11
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments Other Debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade Creditors Credit card Social security and other taxes Other creditors Nest pension payments Accrued expenses Income received in advance |
2024 2024 £ £ 0 0 0 0 0 0 2024 2024 £ £ 0 0 0 0 0 0 0 0 103 102.79 937 1,470 0 0 1,040 1,573 |
2024 |
|---|---|---|
| £ 0 0 0 2024 |
12
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Net | Net | ||||||
|---|---|---|---|---|---|---|---|
| At | Movement | At | |||||
| 14. MOVEMENT IN FUNDS | 01/09/2024 | in | Funds | 31/08/2025 | |||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 608,480 | -84,930 | 523,550 | ||||
| Total Funds | 608,480 | -84,930 | 523,550 | ||||
| Net movement in funds, included in the above | are as follows: | ||||||
| Incoming | Resources | Movement | |||||
| Resources | Expended | in Funds | |||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 192,931 | 108,001 | 84,930 | ||||
| Total Funds | 192,931 | 108,001 | 84,930 | ||||
| Net | |||||||
| Comparatives for movement in funds | At | Movement | At | ||||
| 01/09/2024 | in | funds | 31/08/2025 | ||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 192,931 | 84,930 | 277,861 | ||||
| Total Funds | 192,931 | 84,930 | 277,861 | ||||
| Comparative net movement in funds, included in the above are as follows: | |||||||
| Incoming | Resources | Movement | |||||
| Resources | Expended | in Funds | |||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 277,861 | 108,001 | 169,860 | ||||
| Total Funds | 277,861 | 108,001 | 169,860 |
13
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
14
SMART KIDS CHILD CARE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Fees received Funding Investment income Deposit account interest Total incoming resources EXPENDITURE Raising donations and legacies Rates and utilities Insurance Rent of loan store Other trading activities Trustees' salaries Salaries, wages and NIC Temporary staff Pensions Food and drink Resources and activities Staff and children's uniforms |
2025 £ 80,077 112,854 192,931 0 192,931 23,980 16,379 27,250 67,609 45,347 97,287 8,455 29,000 3,674 2,307 168 186,239 |
2024 £ 161,218 101,502 |
2024 |
|---|---|---|---|
| 262,720 0 262,720 5,212 14,224 27,250 46,686 74,691 90,506 8,509 2,163 816 2,178 147 179,010 |
This page does not form part of the statutory financial statements
15
SMART KIDS CHILD CARE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| 2024 | 2024 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Repairs and maintenance | 1,651 | 1,274 |
| Telephone | 659 | 604 |
| Postage and stationery | 137.6 | 0 |
| Advertising | 3,540 | 3,308 |
| Sundry expenses | 0 | 682 |
| Motor and travelling expenses | 9,660 | 7,803 |
| Trade subscriptions | 989 | 247 |
| Registration and CRB fees | 0 | 397 |
| Computer running costs | 1,952 | 1,691 |
| Cleaning and waste disposal | 818 | 639 |
| Staff training | 105 | 0 |
| 19,511 | 16,644 | |
| Support Costs | ||
| Finance | ||
| Bank and credit card charges | 60 | 60 |
| Governance costs | ||
| Accountancy and payroll fees | 1,548 | 840.34 |
| Consultancy fees | 2,894 | 92 |
| Depreciation of tangible fixed assets | 0 | 8,713 |
| 4,442 | 9,646 | |
| Total resources expended | 277,861 | 252,046 |
| Net income / expenditure | -84,930 | 10,674 |
This page does not form part of the statutory financial statements
16
Company Registration No. 06873377 (England and Wales) Registered Charity No. 1131945
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
SMART KIDS CHILDCARE
(A company Limited by Guarantee)
SMART KIDS CHILDCARE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | ||
|---|---|---|
| Report of the Trustees | 1 | |
| Independent Examiner's Report | 2 | |
| Statement of Financial Activities | 3 | |
| Balance Sheet | 4 to 5 | |
| Notes to the Financial Statements | 6 | to 14 |
| Detailed Statement of Financial Activities | 15 | to 16 |
SMART KIDS CHILDCARE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its government document, a deed of trust, and constitues a limited company, limited by guaranee, as defined by the Companies House Act 2006.
REFERENCE AND ADMINISTRATION DETAILS
Registered Company Number
06873377 (England and Wales)
Registered Office
Bhailok Square Fulwood Preston Lancashire PR2 8DY
Trustees
Mrs L Hayes Nursery Manager Mrs S Valli Community Support Worker Mr R J Hayes Business and Communications Manager
Independent Examiner
Fare Pay & Books 25 Grange Lane Newton Preston Lancashire PR4 3RS
Approved by order of the board of trustees on 5 March 2026 and signed on its behalf by:-
~~….................................................................................................~~
Mrs L Hayes - Trustee
1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SMART KIDS CHILD CARE
Independent examiner's report to the trustees of Smart Kids Childcare ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (who are also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
The company's gross income did not exceed £250,000 and I am qualified to undertake the examination by being an AAT Licensed Accountant.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs KA Fare MAAT
Fare Pay & Books 25 Grange Lane Newton with Scales
Preston
Lancashire PR4 3RS 04 May 2026
2
SMART KIDS CHILD CARE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable Activities Expenses Total NET EXPENDITURE / INCOME RECONCILIATION OF FUNDS Total funds brough forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted Fund Notes £ 2 193,917 3 0 193,917 4 67,609 5 211,239 278,848 -84,930 608,480 523,550 |
2024 Total Fund £ 262,720 0 262,720 |
|---|---|---|
| 233,884 18,161 252,046 10,674 597,806 |
||
| 608,480 |
The notes form part of these financial statements
3
SMART KIDS CHILD CARE
BALANCE SHEET AS AT 31 AUGUST 2025
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted funds TOTAL FUNDS |
2025 Unrestricted Fund Notes £ 11 59,660 12 6,712 458,218 464,930 13 -1,040 463,890 523,550 14 523,550 523,550 |
2025 Total Fund £ 66,469 23,754 519,830 |
|---|---|---|
| 543,584 -1,573 542,011 |
||
| 608,480 | ||
| 608,480 | ||
| 608,480 |
The notes form part of these financial statements
4
SMART KIDS CHILD CARE
BALANCE SHEET - CONTINUED AS AT 31 AUGUST 2025
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.
The financial statements were approved by the Board of Trustees on 4 March 2026 and were signed on its behalf by:
….................................................................................................
Mrs L Hayes - Trustee
The notes form part of these financial statements
5
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Repubic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is proabable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with theuse of resources.
Tanglible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on reducing balance
Plant and machinery - at variable rates on reducing balance Fixtures and fittings - 25% on cost Motor vehicles - 25% on cost
Computer Equipment - 50% on reducing balance
6
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements - continued
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES | |||
|---|---|---|---|
| Fees received Funding Other grants Grants received, included in the above, are as follows: |
2025 £ 80,077 112,854 192,931 2025 £ 0 |
2024 £ 161,218 101,502 |
2024 |
| 262,720 | |||
| 2024 | |||
| £ 0 |
7
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
3. INVESTMENT INCOME
| 3. INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Deposit account interest 4. RAISING FUNDS Raising donations and legacies Rates and utilities Insurance Rent of loan store Other trading activities Trustees' remuneration etc Staff costs Food and drink Resources and activities Staff and children's uniforms Aggregate amounts |
2025 £ 0 2025 £ 23,980 16,379 27,250 67,609 2025 £ 74,348 114,196 3,674 2,307 168 194,693 262,302 |
2024 £ 0 2024 £ 13,212 10,965 27,250 51,427 2024 £ 82,397 90,506 9,554 0 0 182,457 |
2024 £ 0 2024 £ 13,212 10,965 27,250 |
2024 |
| £ 0 2024 |
||||
| 51,427 | ||||
| 2024 | ||||
| 233,884 |
8
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
5. CHARITABLE ACTIVITIES COSTS
| 5. CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Support | |||
| Direct | Costs | ||
| Costs | (Note 6) | Totals | |
| £ | £ | £ | |
| 19,511 | 1517 | 21,028 | |
| Expenses | |||
| 6. SUPPORT COSTS | |||
| Goverance | |||
| Finance | Costs | Totals | |
| £ | £ | £ | |
| Expenses | 0 | 937 | 937 |
| 7. NET (EXPENDITURE) / INCOME | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Net (expenditure) / income is stated after charging: | |||
| Depreciation - owned assets | 6,809 | 8713 | |
| 8. TRUSTEES'REMUNERATION AND BENEFITS | 2025 | 2024 | |
| £ | £ | ||
| Trustees' salaries | 74,348 | 82,397 | |
| Trustees'benefits | |||
| Trustees received reimbursement for expenses incurred during the year ended 31 | August 2025. | No benefit | |
| arose from the reimbursement. | |||
| 9. STAFF COSTS | 2025 | 2024 | |
| £ | £ | ||
| Wages and salaries | 114,196 | 90,506 | |
| Social security costs | 13,306 | 13,306 | |
| Other pension costs | 0 | 0 | |
| 127,502 | 103,812 |
9
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
9. STAFF COSTS (CONTINUED)
The average monthly number of employees during the year was as follows:
| The average monthly number of employees during the year was as follows: | |
|---|---|
| 2025 Employees 11 No employees received emoluments in excess of £60,000. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Fund £ Income and Endowments from Donations and legacies 192,931 Investment income 0 Total 192,931 Expenditure on Raising funds Charitable activities Expenses 277,862 Total 277,862 Net Income / Expenditure -84,930 RECONCILIATION OF FUNDS Total funds brought forward 608,480 Total funds carried forward 523,550 |
2024 |
| 9 |
10
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| 11. TANGIBLE FIXED ASSETS Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for year At 31 August 2025 Net Book Value At 31 August 2025 At 31 August 2024 Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for year At 31 August 2025 Net Book Value At 31 August 2025 At 31 August 2024 |
Freehold Property £ 213,484 0 213,484 158,154 5,533 163,687 49,797 55,330 |
Plant and Fixtures Machinery and Fittings £ £ 36,070 27237 0 0 36,070 27,237 26,014 26,154 1,006 270.75 27,020 26,425 9,050 812 10,056 1,083 Computer Equipment Totals £ £ 7,757 284,548 0 0 7,757 284,548 7,757 226,792 0 6809.35 7,757 233,601 0 59,660 0 57,756 |
Fixtures and Fittings |
Fixtures and Fittings |
Fixtures and Fittings |
|---|---|---|---|---|---|
| Fittings | |||||
£ 27237 0 27,237 |
|||||
| 26,154 270.75 |
|||||
| 26,425 | |||||
| 226,792 6809.35 |
|||||
| 233,601 | |||||
| 59,660 57,756 |
11
SMART KIDS CHILD CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments Other Debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade Creditors Credit card Social security and other taxes Other creditors Nest pension payments Accrued expenses Income received in advance |
2024 2024 £ £ 0 0 0 0 0 0 2024 2024 £ £ 0 0 0 0 0 0 0 0 103 102.79 937 1,470 0 0 1,040 1,573 |
2024 |
|---|---|---|
| £ 0 0 0 2024 |
12
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Net | Net | ||||||
|---|---|---|---|---|---|---|---|
| At | Movement | At | |||||
| 14. MOVEMENT IN FUNDS | 01/09/2024 | in | Funds | 31/08/2025 | |||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 608,480 | -84,930 | 523,550 | ||||
| Total Funds | 608,480 | -84,930 | 523,550 | ||||
| Net movement in funds, included in the above | are as follows: | ||||||
| Incoming | Resources | Movement | |||||
| Resources | Expended | in Funds | |||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 192,931 | 108,001 | 84,930 | ||||
| Total Funds | 192,931 | 108,001 | 84,930 | ||||
| Net | |||||||
| Comparatives for movement in funds | At | Movement | At | ||||
| 01/09/2024 | in | funds | 31/08/2025 | ||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 192,931 | 84,930 | 277,861 | ||||
| Total Funds | 192,931 | 84,930 | 277,861 | ||||
| Comparative net movement in funds, included in the above are as follows: | |||||||
| Incoming | Resources | Movement | |||||
| Resources | Expended | in Funds | |||||
| £ | £ | £ | |||||
| Unrestricted Funds | |||||||
| General fund | 277,861 | 108,001 | 169,860 | ||||
| Total Funds | 277,861 | 108,001 | 169,860 |
13
SMART KIDS CHILD CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
14
SMART KIDS CHILD CARE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Fees received Funding Investment income Deposit account interest Total incoming resources EXPENDITURE Raising donations and legacies Rates and utilities Insurance Rent of loan store Other trading activities Trustees' salaries Salaries, wages and NIC Temporary staff Pensions Food and drink Resources and activities Staff and children's uniforms |
2025 £ 80,077 112,854 192,931 0 192,931 23,980 16,379 27,250 67,609 45,347 97,287 8,455 29,000 3,674 2,307 168 186,239 |
2024 £ 161,218 101,502 |
2024 |
|---|---|---|---|
| 262,720 0 262,720 5,212 14,224 27,250 46,686 74,691 90,506 8,509 2,163 816 2,178 147 179,010 |
This page does not form part of the statutory financial statements
15
SMART KIDS CHILD CARE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| 2024 | 2024 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Repairs and maintenance | 1,651 | 1,274 |
| Telephone | 659 | 604 |
| Postage and stationery | 137.6 | 0 |
| Advertising | 3,540 | 3,308 |
| Sundry expenses | 0 | 682 |
| Motor and travelling expenses | 9,660 | 7,803 |
| Trade subscriptions | 989 | 247 |
| Registration and CRB fees | 0 | 397 |
| Computer running costs | 1,952 | 1,691 |
| Cleaning and waste disposal | 818 | 639 |
| Staff training | 105 | 0 |
| 19,511 | 16,644 | |
| Support Costs | ||
| Finance | ||
| Bank and credit card charges | 60 | 60 |
| Governance costs | ||
| Accountancy and payroll fees | 1,548 | 840.34 |
| Consultancy fees | 2,894 | 92 |
| Depreciation of tangible fixed assets | 0 | 8,713 |
| 4,442 | 9,646 | |
| Total resources expended | 277,861 | 252,046 |
| Net income / expenditure | -84,930 | 10,674 |
This page does not form part of the statutory financial statements
16