**REGISTERED CHARITY NUMBER: 1135890**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 15th May 2024**
## **for**
## **Little Peoples Nursery**
TaxAssist Accountants
476 St. Albans Road Watford United Kingdom WD24 6QU
**Little Peoples Nursery**
**Contents of the Financial Statements for the Year Ended 15th May 2024**
|||**Page**||
|---|---|---|---|
|**Report of the trustees**||1||
|**Independent examiner's report**||2||
|**Statement of financial activities**||3||
|**Balance sheet**||4||
|**Notes to the financial statements**|5|to|9|
|**Detailed statement of financial activities**|10|to|11|
**Little Peoples Nursery**
**Report of the Trustees for the Year Ended 15th May 2024**
The trustees present their report with the financial statements of the charity for the year ended 15th May 2024. 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 2019).
## **Structure, governance and management Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Reference and administrative details**
**Registered Charity number** 1135890
## **Principal address**
Birdsfoot Lane Luton LU3 2DN
## **Trustees**
C Doyle D Contaldo
## **Independent Examiner**
TaxAssist Accountants 476 St. Albans Road Watford United Kingdom WD24 6QU
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Susan sheehan (Jun 10, 2026 16:29:10 GMT+1) ................................................................................. Trustee
Page 1
**Independent Examiner's Report to the Trustees of Little Peoples Nursery**
## **Independent examiner's report to the trustees of Little Peoples Nursery**
I report to the charity trustees on my examination of the accounts of Little Peoples Nursery (the Trust) for the year ended 15th May 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Financial Accountants, which is one of the listed bodies.
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 in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Kamlesh Sira The Institute of Financial Accountants
TaxAssist Accountants 476 St. Albans Road Watford United Kingdom WD24 6QU
Date: .............................................
Page 2
**Little Peoples Nursery**
## **Statement of Financial Activities for the Year Ended 15th May 2024**
**----- Start of picture text -----**
15/5/24 15/5/23
Unrestricted Total
fund funds
Notes £ £
Income and endowments from
Donations and legacies 420,368 363,984
Investment income 2 712 187
Other income 142 -
Total 421,222 364,171
Expenditure on
Raising funds 14,994 350,222
Other 352,734 26,687
Total 367,728 376,909
NET INCOME/(EXPENDITURE) 53,494 (12,738)
Reconciliation of funds
Total funds brought forward 105,472 118,210
Total funds carried forward 158,966 105,472
**----- End of picture text -----**
The notes form part of these financial statements
Page 3
**Little Peoples Nursery**
## **Balance Sheet 15th May 2024**
**----- Start of picture text -----**
15/5/24 15/5/23
Unrestricted Total
fund funds
Notes £ £
Fixed assets
Tangible assets 6 2,538 4,095
Current assets
Debtors 7 520 1,100
Cash at bank 163,151 108,944
163,671 110,044
Creditors
Amounts falling due within one year 8 (7,243) (8,667)
Net current assets 156,428 101,377
Total assets less current liabilities 158,966 105,472
NET ASSETS 158,966 105,472
Funds 9
Unrestricted funds 158,966 105,472
Total funds 158,966 105,472
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
Susan sheehan (Jun 10, 2026 16:29:10 GMT+1) ............................................. Trustee
The notes form part of these financial statements
Page 4
**Little Peoples Nursery**
**Notes to the Financial Statements for the Year Ended 15th May 2024**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **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 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 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 the use of resources.
## **Goodwill**
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from 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 charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 5
**Little Peoples Nursery**
**Notes to the Financial Statements - continued for the Year Ended 15th May 2024**
## **2. Investment income**
**----- Start of picture text -----**
||||
|---|---|---|
|15/5/24|15/5/23|
|£|£|
|Deposit account interest|712|187|
**----- End of picture text -----**
## **3. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 15th May 2024 nor for the year ended 15th May 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 15th May 2024 nor for the year ended 15th May 2023.
## **4. Comparatives for the statement of financial activities**
**----- Start of picture text -----**
|||
|---|---|
|Unrestricted|
|fund|
|£|
|Income and endowments from|
|Donations and legacies|363,984|
|Investment income|187|
|Total|364,171|
|Expenditure on|
|Raising funds|350,222|
|Other|26,687|
|Total|376,909|
|NET INCOME/(EXPENDITURE)|(12,738)|
|Reconciliation of funds|
|Total funds brought forward|118,210|
|Total funds carried forward|105,472|
**----- End of picture text -----**
continued...
Page 6
**Little Peoples Nursery**
## **Notes to the Financial Statements - continued for the Year Ended 15th May 2024**
## **5. Intangible fixed assets**
|**Goodwill**
**£**
**Cost**
At 16th May 2023 and 15th May 2024
6,000|
|---|
|**Amortisation**
At 16th May 2023 and 15th May 2024
6,000|
|**Net book value**
At 15th May 2024
-|
|At 15th May 2023
-|
## **6. Tangible fixed assets**
|**Cost**
At 16th May 2023
Additions|**Fixtures**
**Plant and**
**and**
**Computer**
**machinery**
**fittings**
**equipment**
**£**
**£**
**£**
1,685
19,129
18,668
-
1,248
-|**Totals**
**£**
39,482
1,248|
|---|---|---|
|At 15th May 2024|1,685
20,377
18,668|40,730|
|**Depreciation**
At 16th May 2023
Charge for year|836
18,663
15,888
212
194
2,399|35,387
2,805|
|At 15th May 2024|1,048
18,857
18,287|38,192|
|**Net book value**
At 15th May 2024|637
1,520
381|2,538|
|At 15th May 2023|849
466
2,780|4,095|
|**Debtors: amounts falling due within one year**
Other debtors
Accruals|**15/5/24**
**£**
1,150
(630)|**15/5/23**
**£**
1,700
(600)|
||520|1,100|
**7. Debtors: amounts falling due within one year**
continued...
Page 7
**Little Peoples Nursery**
**Notes to the Financial Statements - continued for the Year Ended 15th May 2024**
## **8. Creditors: amounts falling due within one year**
|Trade creditors
Taxation and social security
Other creditors
**9.**
**Movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|**15/5/24**
**15/5/23**
**£**
**£**
-
1
5,067
6,645
2,176
2,021
7,243
8,667
**Net**
**At**
**movement**
**At**
**16/5/23**
**in funds**
**15/5/24**
**£**
**£**
**£**
105,472
53,494
158,966
105,472
53,494
158,966
**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
421,222
(367,728)
53,494
421,222
(367,728)
53,494
**Net**
**At**
**movement**
**At**
**16/5/22**
**in funds**
**15/5/23**
**£**
**£**
**£**
118,210
(12,738)
105,472
118,210
(12,738)
105,472|
|---|---|
continued...
Page 8
**Little Peoples Nursery**
**Notes to the Financial Statements - continued for the Year Ended 15th May 2024**
## **9. Movement in funds - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
364,171
(376,909)
(12,738)
364,171
(376,909)
(12,738)|
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Net**
**At**
**movement**
**16/5/22**
**in funds**
**£**
**£**
118,210
40,756
118,210
40,756|**At**
**15/5/24**
**£**
158,966
158,966|
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
785,393
(744,637)
40,756
785,393
(744,637)
40,756|
|---|---|
## **10. Related party disclosures**
There were no related party transactions for the year ended 15th May 2024.
Page 9
**Little Peoples Nursery**
## **Detailed Statement of Financial Activities for the Year Ended 15th May 2024**
**----- Start of picture text -----**
15/5/24 15/5/23
£ £
Income and endowments
Donations and legacies
Gifts 46,737 57,596
Fund Raising & Donations 100 66
Grants 369,113 304,111
Donated services and facilities 3,573 2,151
Photographs - 60
Apprentice Payment 845 -
420,368 363,984
Investment income
Deposit account interest 712 187
Other income
Commission 142 -
Total incoming resources 421,222 364,171
Expenditure
Other trading activities
Purchases 14,994 21,673
Support costs
Management
Wages 274,923 276,949
Social security 14,273 16,138
Pensions 5,531 5,265
School Dinner 3,874 4,204
Rent 19,138 21,900
School photographs - 583
Plant and machinery 212 198
Fixtures and fittings 195 155
318,146 325,392
Finance
Bank charges 110 106
Information technology
Repairs and renewals 5,321 4,361
Computer Running cost 1,917 950
7,238 5,311
Other
Sundries 3,539 1,400
Carried forward 3,539 1,400
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 10
**Little Peoples Nursery**
## **Detailed Statement of Financial Activities for the Year Ended 15th May 2024**
**----- Start of picture text -----**
15/5/24 15/5/23
£ £
Other
Brought forward 3,539 1,400
Charitable Donation 500 12
Cleaning 663 413
Computer equipment 2,399 2,465
7,101 4,290
Other 2
Food & Snacks 9,391 7,253
Registration paid - 26
Staff Training 1,052 344
Staff Welfare 259 82
Subscriptions 4,435 2,694
Advertisement 144 -
Uniforms 905 406
16,186 10,805
Governance costs
Rates and water - 812
Telephone 2,574 3,675
Postage and stationery 27 165
Accountancy and legal fees 630 600
Professional Fee 225 4,080
Other office cost 497 -
3,953 9,332
Total resources expended 367,728 376,909
Net income/(expenditure) 53,494 (12,738)
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 11