REGISTERED COMPANY PIUMBER". 07013598 (England and Wales) REGISTERED CHARITY NUMBER.. 1133320 Report of the TTu5tee5 and Unaudited Flnandol Ststements for the Year Ended 31 August 2024 Manor Twiglets Nursery Limited Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Su$5ex TN22 IQL
Manor Twiglets Nursery Limited Contents of the Flnancial Statements for the Year Ended 31 August 2024 Page Reportofthe Trustees Independent Examlnels Report Statement of Financlal Actlvltles 8313nce Sheet 9 to 10 Cash Flow Statement li Notes io the Cash Flow Statement 12 Notes to the Flnan¢ial Ststements 13 to Zl
Manor Twiglds Nursery Limlted (Reglstered number: 07013598) Report of the Trustees for the Year Ended 31 August 2024 The trustees who are also dlrectors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year enéed 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accoréance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. OBJEcfivES AND AcnviTIES Oblertlves and alms The charity's objects are to enhance the development and education of children primarily under the statutory school age by encourdging parents to understand and provide for the needs of their children by.. al offering appropriate play apportunities, education in accordance with the development matters Section of the Early Years Foundation Stage and providing nurture and care, family learning and extended hours for working parents, together with the right of parents to take responslbility for and to become involved in the activitie5 of such fundraising, ensuring that all the opportunities and activitie5 that we offer are for all children whatever their race, culture, religion, means or ability- bl encouraging the study of the needs of children and their families In our local area and promoting public interest in our nursery and the recognition of needs; cl instigating and adhering to and further the aims and objects of the Early Years Alliance and the Statutory Guidance for the Early Years Foundation Stage. Artivitie$ The objectives of the charity continued to be to provide a nursery for pre-school children and this can only be done with prudent financial management. The nursery continues to be able to claim Early Years Education Entitlement from East Sussex County Council for children eligible and to charge fees to clients that cover the balance of Its operating costs. Additional fundraising activities take place throughout the year and these fund5 are used to enhance the facilities and equipment used by the pre-school. Public benefit In carrying out the activities of the charitable company. the trustees have had due regard to the Charity Commission's guidance on public benefit. Page I
Manor Twiglets Nursery Llmlted {Regi5tered number: 070135981 Report of the Trustees for the Year Ended 31 August Z024 STRATEGIC REPORT Achlevement and performance Our Charitable company was inspected by Ofsted on 12th December 2019 and rated Outstanding with an overall rating of I compared to the pviouS inspection on 3rd February 2015, when we were also rated Outstanding. These ratings are on 'the quality and standards of the early years provision for the pre-school nursery. The rating was split into four categories, these were all rated as Outstanding= The Quality of Education Behavlour and Attitudes Personal Developmer)t Leadership and Management The report concluded that'the provision is outstanding" After School and Holiday club5 are continuing to thrive. we have seen a rise in the amount of chlldcare spaces that we provide for local school children. The opportunities and education that we, at Manor Twiglets. provide for the children and families that attend Manor Twiglets Nursery continues not to be affected by the cost of living increases. However, a discussion between the trustees resulted in a slight increase of fees for Nursery, Afterschool and Holiday Club. The Holiday Club session times were amended, reducing the amount of option5 available. Both changes came into effect as of 1st January 2024. Financial review A surplus of £47,71912023 - surplus of £21,980) was generdted during the year with general unrestricted funds increasing to £269,79812023 - increasing to £222.079). The charity's reserves are maintained at a level to ensure the charity's objettives and activities are met. The trustees consider that there are suffi¢ienl resetves to carry out its objectives. Prlnclpal rlsks and uncertainties The board of trustees are responsible for overseeing the risks faced by the nursery throughout the year. When the risks are identified they are assessed, and contro15 are established. The main risks identified by the board of trusiees are as follows: -Reputation The reputation of the nursery 15 maintained by stringent safeguarding and recruitment policie5, CPD for all members of staff and close communication with our related parties. -Financial The trustees continue to meet regulady to review the nursery's financial performance and the effects of the Government's 2 year old funding initiatNe due to Start in September 2024. The trustees 8150 discuss how the annual national living wage increase will affect the nursery. Fee structures along with admissions and finance policies continue to be reviewed regularly. -staff Retention Staff retention 15 managed by combining attrattive, competitive salaries, long service awards, birthday award, EAP service, staff discount. additional allowances arbd by supporting career progressions and higher level learnlng. Page 2
Manor Twlglets Nursery Umlted (Reglstered number: 07013598) Report of the Trnstees forthe Year Ended 31 August 2024 STRATEGIC REPORT Future plans The trustees continue to meet regularly to agree future improvement activities. The main objective of the charity is to provide an excellent pre-school and childra facility for all children that attend and to interact and IiBise with parent5 a5 part of providing that service. During the Holiday Club sessions. the nursery would like to be able to offer HAF Sessions fDr those chlldren who would not normalty be able to access the Holiday Club. One of the requirements to offer HAF spaces is to be able to provide the children with a hot meal at lunch time. The nursery will need to change from our current provider to an alternative suitable provider who can provide hot lunches throughout the year. The nursery would like to increase the number of spa5 available for After School Club by creating extra floor space with the help of a grant from the Government wraparound childcare programme. The nursery is still following The Curiosity Approach, with the potential goal to complete the accreditstion. This will be a long but very worthwhile journey that all the employees, volunteer trustees and parents will work together to achieve. Changes to the Early Years Curriculum are frequently updated, these changes have been implemented within the Setting. The nursery with the help of employees, volunteer trustees and parents will be working to update and improve our garden and wooded area to create a stimulating outdoor learnin8 environment to develop our forest school Sessions, this is an ongoing project. The trustees will be reviewing a potential fee increase for Nursery. After School and Holiday Club. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companie5 Act 2(X)6. The organisation is a charitable company limtted by guarantee, incorporated on 9th September 2009 and registered as a charity on 16th December 2(KJ9. The company was established under a Memorandum of Association and is governed by its Articles of Association. In the event of the company being wound up, its members are required to contribute an amount not exceeding £1 each. There are two classes of rnernber. farnily- open to parent5 and family of those thildren attending the pre-school. and affiliate - open to others subject to conditions. Due to trustee resignations in the year and the low numbers of fami members, we continue to find it difficult to meet the requirements of the Articles of Association. We wish to amend them to reduce the quorum needed for General Meetings and add flexibility concerning the number of members required on the management committee. This will not affect the rights of parents to become members of the charity, but it will make it easier for meetings to take place that meet the requirements in the new Articles of Association. Currently only two family members are also trustees and the attendance at general meetings has meant meeting adjournments due to lack of support. We would appreciate the support of parents to pass the new Articles of AssociatlDn, which then have to be approved by the Early Years Alliance and the Charity Commi55ion, and to offer their seNices as trustee5. Recruitment and appointment of new trustees The directors of the company are also the charity trustees for the purposes of charity law and under the Articles they make up the Committee. The objective 15 that at least 60% of the Committee should be made up from family members. but this objective has proven difficult to achieve - see the comments on the Articles of Association above. The Committee will still try to publicise the need for family members to act as trustees. Page 3
Manor Twiglets Nursery Limited (Registered number: 07013598} Report of the Trustee5 forthe Year Ended 31 August 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Deci5i0n making The board of trustees including senior management make declsions on behalf of the charity. Inductlon and tralning of new trustees New trustees are educated by the board of trustees in their duties a5 a trustee and in the way the pre-school operates and its governance. Key management remuneration The board of trustees sets the pay and remuneration of the charty's key management personne5. This is reviewed annually. Related partles The nursery has continued with its membership of the Early Years Alliance - Tnembershlp number 19065, which is the charity that provides support to pre-schools across the country. Management receives regular support from East Sussex Early Years Improvement team including training courses, audits and legislation guidance. Uckfield and Villages Hub is a group run by foundation stage teachers who provide support and moderation to early years settings in the Uckfield area via termly meeting5 which staff members from the nursery attend. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07013598 (England and Wales} Reglstered Charity number 1133320 Reglstered offlce Down5view Crescent Uckfield East Sussex TN22 IUB Trustees Mrs F J Bray Miss J R Humphrey Drj E Thomas Company Secretary Mrs FJ Bray Page 4
Manor Twiglets 14ursery Limited (Registered number: 070135981 Report of the Trustees for the Year Ended 31 August 2024 REFERENCE AND ADMINlSfRATIVE DEfAILS Independent Examlner Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 IQL This report has been prepared in accordance with the special provislons of Part 15 of the Companies Act 2006 relating to small companies. Report of the trustees, inc company directors, on ..... ating a strategic report. approved by order of the board of trustees. as the and signed on the board's behalf bv: Mr5 F J Bray- Trustee Page 5
Independent Exarniner's Report to the Trustees of Manor Twiglets Nursery Limited Independent examiner's report to the trustees of Manor Twiglets Nursery Lirnited {'the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024. Responsibilities and basls of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2(M)61'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinatlon of your charity's accounts as carried out under Section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 14515) Ibl of the 2011 Aci. PaEe 6
Independerrt Examinees Report to the Twstees of Manor Twiglets Nursery Llmlted Independent examiner's ststement Since your charity's gross Income exceeded £250,IYX) your examiner must be a member of a Ilsted body. I can confirm that 5 am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as reqUId by Section 386 of the 2006 Act: or the accounts do not accord with those records: or the accounts do not comply with the accounting reqU1MentS 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 method5 and principles af the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}1. I have no concerns and have come across no other matters in connection with the examination to V4hich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. lan Jenkins BSC FCA Swinde115 ILP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 IQL Page 7
Manor Twltlets Nursery Limited Statement of Finan¢ial Attlvltles {Incorporating an Income and Expenditure Account) forthe Year Ended 31 August 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Charitable activities 603.598 530,813 Other activities Investment income 1,877 161 1,525 42 Total 605.636 532.380 EXPENDThURE ON Charitsble activities Charity Managernent & Admlnistration Nursery Direct Costs Overheads 470,580 48,049 39,288 441,495 35,681 33.224 Total 557,917 510,400 NET INCOME 47,719 21.980 RECONaLIATION OF FUNDS Total funds brought forward 222,079 200,099 TOTAL FUNDS CARRIED FORWARD 269,798 222.079 The note5 form part of these financial statements Page 8
Manor Twiglets Nursery Limlted {Reglstereil number: 070135981 Balance Sheet 31 August 2024 2024 Unrestricted fvnd 2023 Total funds Notes FIXED ASSETS Tangible assets 12 5,791 7,504 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 13 14 306 43,063 245,087 719 58,241 174,042 288,456 233,002 CREDITORS Amounts falling due within one year 15 {24,4491 118,4271 CURRENT ASSETS 264,(K17 214,575 TOTAL ASSETS LESS CURRENT LIABILMES 269,798 222,079 NET ASSETS 269,798 222,079 FUNDS Unrestricted funds 17 269,798 222,079 TOTAL FUNDS 269,798 222.079 The charitable company is entitled to exemption from audit under Section 477 of the Companles Act 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2(Kl6. The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with Se¢tion$ 386 and 387 of the Companies Act 2(K)6 and 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 requirement5 of the Companies Att 2006 relating to financial statements. 50 far as applicable to the charitable company. Ibl The notes form part of these financial statements Page 9 continued.
Manor Twiglets Nursery Limited (Registered number: 070135981 Balance Sheet- continued 31 August 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subjett to the small companies regime. ncial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by: J Bray- Trustee The notes form part of these financial statement5 Page 10
Manor Twiglets Nursery Llmlted Cash Flow Statement for the Year Ended 31 August 2024 2024 2023 Notes Cash flows from operating artivities Cash generated from operations 72,804 22,644 Net cash provided by operating activrties 72,804 22,644 Cash flows from investing artivitie5 Purchase of tangible fixed assets Sale of tangible fixed assets Interest received {1,9801 60 161 17,9591 42 Net cash used in investing attivities 11.759} 17,9171 Change In cash and cash equiyalents In the reporting pedod Cash and cash equivalents at the beginning of the reportlng period 71,045 14,727 174,042 159,315 Cash and cash equivalents at the end of the reportlng perlod 245,087 174,042 The notes fo part of these financial statements Page 11
Manor Twlglets Nursery Llmited Notes to the Cash Flow Statement for the Year Ended 31 August 2024 RECONCILIATION OF NET INCOME TO CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the reportlng perlod las per the Statement of Flnancial Activities) Adjustments for: Depreciation charges L05s on disposal of fixed assets Interest received Decrease in stocks Decrease in debtors Increase/ldecrease} in creditors 47,719 21,980 3.588 45 11611 413 15,178 6,022 4,027 {421 240 5,378 18,9391 Net cash provided by operations 72,804 22,644 ANALYSIS OF CHANGES IN FUNDS At 1.9.23 Cash flow At 31.8.24 Net cash Cash at bank and in hand 174.042 71.045 245.087 174.042 71,045 245,087 Total 174,042 71,045 245,087 The notes form part of these firiancial statements Page 12
ManorTwiglets Nursery Limited Notes to the Finan¢Sal SLttements for the Year Ended 31 August 20Z4 ACCOUNTING pouaES Basis of preparing the flnancial statements The financial statements of the chaTltable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Chartties SORP IFRS 1021 'Accounting and Reporting by Charitiès- 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 1021 leffective l January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2S. The financial statements have been prepared under the historical cost convention. The presentation currency of the financial statements is the Pound Sterling 1£). Income All income is recogni5ed in the Statement of Financial AttNities once the charity has entitlement to the funds, It is probable that the income will be received and the amount Can be measured reliably. Grants relating to revenue are recognised as income in the period in which the related costs are incurred. Grants relating to assets are recognised as income on a systematic basis over the expected useful life of the asset. Where a grant relating to an a55et 15 deferred it is recognised as deferred income. EKpendlture Liabilities a recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, It is probable 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 cla55ified under headinES 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 the use of resource5. Tanlble fixed assets Depreciation is provided at the following annual rate5 in order to write off each asset over its estimated useful life. Plant and machinery Fixtures and fittings Ctsmputer equipment 25% on c05t 25% on cost 25% on cost Stocks Stocks are valued at the lower of cost and net reali5able value. after making due allowance for obsoleie and slow moving items. Taxatlon 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 disctiOn of the trustee5. Page 13 continued...
Manor Twiglets Nursery LimTted Notes to the Flnantial SL)tements- continued for the Year Ended 31 August 2024 ACCOUNTING POLiaES- continued Fund accounting 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 statement5. Pension costs and other post-retirement beneffts The company contributes to employees, defined contribution pension schemes. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate. CHARITABLE ACTIVITIES 2024 2023 Char8eable Places Donations Grants EYEE Funded Hours Hot dinner5 Uniformsales 237,323 io 580 353,966 11,043 676 230,358 4,020 284,809 11,039 587 603,598 530.813 The charitable Company receNe5 funding from East Sussex County Council as part of the Early Years Entitlement for 2. 3 & 4 year old5. Grants received, included in the above, are as follows: 2024 2023 Inclusion Bursaries Apprenticeship Grants 3,200 820 580 580 4,020 Page 14 continued...
ManorTwlglets Nursery Llmlted Notes to the Flnanclal Statements- continued for ihe Year Ended 31 August 2024 OTHER AcfiviTIES 2024 2023 Fundraising events 1,877 1,525 INVESTMENT INCOME 2024 2023 Deposit account interest 161 42 CHARITABLE AcnviTIES COSTS Direct Costs Isee note 61 Support costs Isee note 71 Totsls Charity Management & Administration Nursery Direct Costs Overheads 459,492 48,049 39,284 11,088 470,580 48,049 39,288 546,825 11,092 557,917 DIREcf COSTS OF CHARITABLE ACTIVITIES 2024 2023 Tru5tees' remuneration etc Staff costs Rates and water Insurance Telephone and advertising Postage and stationery Alarm Archive storage Computer costs Fundraising costs Rent Training Staff vetting Staff functions and welfare Subscriptions Charitable donations Bad debts Books and activities 91,364 367,316 2,325 1,802 728 1,324 2,082 2,213 1.380 140 Is,0 3,401 812 4,432 240 190 10,289 736 87,187 339.646 2,240 2,140 602 972 840 3,430 1.271 213 13.395 1,073 1,230 2,892 237 65 1,333 2,349 Carried forward 505.774 461.115 Page 15 continued...
ManorTwiglets Nursery Llmlted Notes to the Flnanclal Statements- continued forthe Year Ended 31 August 2024 DIRECT COSTS OF CHARITA8LE ACTIVITIES- continued 2024 2023 Brought forward Cleaning and maintenance Hot lunches Play resources Snacks Supplies Uniform5 Depreciation Loss on sale of assets 505,774 11,452 11,104 4,500 2,375 6,798 1,189 3,588 45 461,115 9,173 10,720 3,088 2,130 5,529 1.186 4,027 546,825 496,968 SUPPORT COSTS Governance costs Management Finance Totals Charity Management & Administration Overheads 9,828 1.260 11,088 9,828 1,260 11.092 Support costs, included in the above. are as follows: 2024 2023 Charity Management & Administration Overheads Total activities Total activities Accountancy Legal and professional Bank charges Independent examiner fees 5,649 4.179 5,649 4,179 6.757 5.655 1,260 1,260 1,020 11,088 11,092 13,432 Page 16 continued...
ManorTwlglets Nursery Umlted Notes to the Financial ststements- continued for the Year Ended 31 August 2024 NET INCOMVIEXPENDITUREI Net incomellexpenditure} is stated after charging/lcreditingl: 2024 2023 Depreciation - owned a55ets Deficit on disposal of fixed assets 3,588 45 4,027 TRUEE5, REMUNERATION AND BENEFITS During the year, Mrs F J Bray in her capactty as nursery manager recelved remuneration amounting to £50,659 12023 - £49,961). Pension contributions paid on behalf of the trustee amounted to £1,31412023 - £1,297). During the year, Miss J Humphrey in her capacity as finance and HR manager received remuneration amounting to £30,050 12023 £27.0611. Pension contributions paid on behalf of the trustee amounted to £71412023 - £6251. Trustees, expenses There were no trustees, expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 424,935 25,405 8,340 397,495 21,730 7,608 458,680 426,833 The average monthly number of employees during the year was as follows". 2024 26 2023 25 Nursery staff No employees received emoluments in excess of £60,0. Page 17 continued...
Manor Twiglets Nursery Umlted Noles to the Hnancial Statements- contlnued for the Year Ended 31 August 2024 11. COMPARATIVES FOR THE sfATEMENT OF FINANCIALAcfiviTIES Unrestricted fund INCOMEAND ENDOWMENTS FROM Charitable activities 530,813 Other activities Investment income 1,525 42 Total 532,380 EXPENDITURE ON Charitable activifjes Charity Management & Administration Nursery Dirett Costs Overheads 441,495 35,681 33.224 Total 510,400 INCOME 21,980 RECONCILIATION OF FUNDS Total funds brought forward 200,099 TOTAL FUNDS CARRIED FORWARD 222,079 Page 18 continued...
Manor Twiglets Nursery Umlted Notes to the Financial Statemerrts- continued for the Year Ended 31 Auzust 2024 12. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machinery Computer equipment Totals COST At I September 2023 Additions Disposals 39,259 370 {5.4621 18,661 693 12001 5,813 917 12,3671 63,733 1,980 {8,0291 At 31 August 2024 34.167 19,154 4.363 57.684 DEPRECIATION At I September 2023 Charge for year Eliminated on disposal 38,6 1.058 15.4621 12,973 2.070 I2} 5,250 460 12,2621 56,229 3.588 17,9241 At 31 August 2024 33,602 14,843 3,448 51,893 BOOK VALUE At 31 August 2024 565 4.311 915 5,791 At 31 August 2023 1,253 5.688 563 7,504 13. STOCKS 2024 2023 Stocks 306 719 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Provision for bad debts Other debtors Prepayments and accrued income 49,207 110,2891 336 3,809 58,998 3,6451 2,888 43,063 58,241 Page 19 continued...
Manor Twiglets Nursery Limlted Notes to the Financial Statements- continued for the Year Ended 31 August 2024 15. CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 2024 2023 Social securlty and other taxes Other creditors Accruals and deferred income 4,971 14,673 4,805 6,316 7,344 4,767 24,449 18,427 16. LEASING AGREEMENTS On 22 October 2022 the company entered into an operating lease agreement for land and buildings. Total commitments at the balance Sheet date amount to £122,5(X)12023- £137,500). 17. MOVEMEMf IN FUNDS Net movement in funds At 31.8.24 At 1.9.23 Unrestricted funds General fund 222.079 47,719 269,798 TOTAL FUNDS 222.079 47,719 269,798 Net movement in funds, included in the above are as ft)Ilows: Incoming resources Resources expended Movement In funds Unrestrirted funds General fund 605,636 1557,9171 47,719 TOTAL FUNDS 605,636 1557,9171 47,719 Page 20 continued...
ManorTwiglets Nursery Llmlted Notes to the Flnanclal Statements- contlnued for the Year Ered 31 August 2024 17. MOVEMENT IN FUNDS- continued Comparatlve5 for movement In funds Net movement in funds At 31.8.23 At 1.9.22 Unrestrlcted funds General fund 200,099 21,980 222,079 TOTAL FUNDS 200,099 21,980 222,079 Comparative net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement In funds Unrestrlcted funds General fund 532,380 1510,400} 21,980 TOTAL FUNDS 532,380 1510,4001 21,980 RELATED PARTY DISCLOSURES Other key management personnel were paid remuneration of £51,526 12023 - £48.4531 durlng the year. Page 21