REGISTERED COMPANY NUMBER: 05976295 (England and Wales) REGISTERED CHARITY NUMBER: 1135907 Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 March 2025 for The Willows Daycare Ltd John Phillips & Co Limited Accountants Unit 81 Centaur Court Claydon Busines.s Park Gt. Blakenham Ipswich Suftolk IP6 ONL The Willows Daycare Ltd Content5 of the Financial Statements For The Year Ended 31 IWlarch 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet 9 to 10 Cash Flow Statement Notes to the Cash Flow Statemenl 12 Notes to the Financial Statements 14 to 20 The Willows DaTreare Ltd {Reglstered number: 05976295) Report of the Tru5tee5 For The Year Ended 31 IWlarch 2025 The Irusiees of Ihe charily, IWO Ot" whom are also llon-execuiive direclors of the company. t.or the purposes of Ihe Companies Act 2006, present their report with the financial stalements of the charity for the year ended 31 st March .023. The trustees have adopted the proN'isions of Accounting and Reporting by Charities- Staternent of Recommended Practice applicable to charilies preparing their acL'ounts In acL'ordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (etyective l January 2015). OBJECTIVES AND ACTIVITIES Objectives and aims The Willows Daycare Limited is an Ofsted (Office for Standards in Education. Children's Services and Skills) registered daycare facility otyering t.ull session care and. where p)ssible. some tlexible sessions of care for ehildTen aged trom birth to five years old. The Th illows Daycare also Offe￿ an atler-school club and holiday club provision for children of primary school age. The setting has been awarded an ofi.ted OUTSTANDING Judgetnent in four consecutive inspeLtions {July 2007, June 2010, June 2015 and Augusi 2019} since the company was incorporated in ?007 and is still currently classed as an otrtSTANDING providcr. Thc dircctorfs and trustcc's aspirations arc to cnsurc that thc currcnt judgcincnt is maintain￿d in future Ofst¢d inspections aiid that we continue to otT¢r the be>t possible opportunities for children in our care. The ddycare facility is accommoddted ￿'￿thin a dedicated area of the Willows Fainilv Hub (Form¢rly known ds The Willows Children's Centre). It is a bright and spacious provision, Ivith a large and eAciting outside garden and play area for children to learn, explore and bave safe t"un. Our aim is 10 provide the highest quality childcare. from birth to five years ot age. by employing experienced, qualitied and caring staff. In setting our objectives, and planning activitie&, the trustee.s continue lo observe the Charity CoTnmission's guidance on publiL benefit, and in particular to its supplementary public benefit guidance on adi.ancing education and on fee Lharges, in relation to a pre-school organisation. We are one of the mosl competitiirely priced daycare facilities in the area and are open from 8 a.m. to 6 p.m. Monday io Friday for 49 we¢ks of ihe year. We slrive to keep our prices as compelitive as is operationally possible iii order to support th¢ local community, especially mindful we are based in one of the rnost socially deprived are&s of Ipswich. Page I The Willows DaTreare Ltd {Reglstered number: 05976295) Report of the Tru5tee5 For The Year Ended 31 IWlarch 2025 OBJECTIVES AND ACTIVITIES Significant aetivilies On the 12ih of May 201 O the company was granled its charitable status with The Charity Commission. As of April 2014, The Willows Daycare ceased to be a tenant of the Willows Pi"imary School and negotiated an independent leasing agreement with Suffolk County Council. On Saturday the 3rd of September 2016 The Ilillows Da}Icare celebrated rhe cornpany's 10th anniversary of trading and hosted a garden party in the recently upgraded garden. The ewent was exceptionally well attended by parents and children of both the present and past ten years of cohorts. The Covid 19 pandeinic period and the last tm'o Jears have beeii particularly challenging for Ihe selliiig both financially, as our numbers were seriously curtailed and hai'e been slow lo recoveT. and sociall> as many of the external activities and associations were suspended and have needed to be slowly re-established. The redevelopment of our garden during the previous financial year continues to provide the opportunity and experience for children to grow thcir own plants and VLgctablcs. The past year the children have enjoyed the continued visits from local specialist provider 'Jo Jingle£' providing moveinent and ￿USIC experiences that are enjoy¢d by children of all ages. During the Spring tern] the children enjoyed a visit from Ben Entertainments, and were able io practice circus skills such as spinning plates and learning to juogle with scarfs. They also have the opportunitv to play a variety of dift"er¢nt drums and experiment with diftering rhvthms 2nd sounds. We are iiidebted to 'Suffolk Fire Brigade, who were kiiid enough to agree to a crew visiting the daycare and bringing their tire engine with them. Everyone had access to ihe engine. the chance to trv on unifornis and helmet& and learn how to us¢ fire hoses. Once again, the daycare engaged with Ihe company 'lncredible Eggs, and renled an incubalor 80 the children were able to observe chicken eggb hatch and watch the chicks grow to be large enough to be handled and learlled about the joys and responsibilities ot caritlg lor animals. Some of the older children in the setting also enjoyed a visit to the adjoining Family Hub lo se¢ and experience a sensory rooin in the centre. In Jline, <1 Silturday ewening family and friends quiz night s held which, as well as providing a well-attended evening of cnjoymcnt t'or cvcryonc, madc an apprcciablL contribulion lo our funds. Page 2 The Willows DaTreare Ltd {Reglstered number: 05976295) Report of the Tru5tee5 For The Year Ended 31 IWlarch 2025 OBJECTIVES AND ACTIVITIES Social investments We assist parents with tinancial advice on fvnds and schemes which offer financial support to families to give access to child¢are and our Daycare %ervices. We are also able to offer SOTne flexible ses5ioJis which can assist access to Daycare. The Willows Daycare continues to provide a 'Surplus Food Exchange, tsble in our entrance t"oyer. Any spare tinned ot prepacked food that remains trom th¢ setting's purchases tor ihe children's meals is left on the table and can be freely taken by any parent that is experiencing hardship. Ive also encourage any parents, who are in a position lo do so, to donaie food items to the table. There is algo a boobtoy exchange on offer Thhere families can exchange toys or books, that are in good condition, and provide new experiences for children and families on limited budgets. Volunteers The Willows Daycare is indebted to parentslcarers. friends and otheTS who volunteer their help and assist us in providing the services we offer. ACHIEVEMENTS AND PERFORM.4NCE Charitable activities We work closely ivith The Willows Family Hub (fomi¢Tly The Willow5 Children's Centr¢) aiid Suffolk County Council by taking in as many iwo- year old's as is possible within Ofsted prescribed ratios. We work alongside the Familv Hub and the Local Authority to dSSlSt them in offering places for children and bdbies in n¢ed. W¢ continue to keep our fees a% competitive as possible, taking into consideration the needs of the local community. We have open days, parent's eveiiings, and walks and visits to the local amenities. We ensure all qtaff are qiialified to at least level 3 or are working iowards this level. We a¢iively encourage and support all staff to continue furthering their professional developmeni. We have achieved an 'outsianding' rating on all four of our inspections by Ofsted since we opened in 2007. (July 2007, June 2010, June 2015 and August 2019). FINANCIAL REVIEW Principal funding sources The financial statements show incoming total re9)urce% of £582,484 for the year of April 2024 to March 2025. Reserves policy The Iruslees dim IL) dLhieve free reserves. Ihose exLludiD¥ invesimenl in Idngible fixed dssels. ¥quivulenl lu six munlhs resources expended. STRUCTL'.RE, GOVERNANCE AIYD MANAGEMENT Governing doeumenl Thc charity is controllcd by its govcrning documcnt. a dccd of trust. and constitutcs a limitcd company, limitcd by guaranlee, as defined by the Companies Act 2006. Page 3 The Willows DaTreare Ltd {Reglstered number: 05976295) Report of the Tru5tee5 For The Year Ended 31 IWlarch 2025 The charity is controlled by its governing document. a deed of trust. and constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. The charity is controlled by ILS governing docuThent. a Mevnorandum and Articles of Association daled 24 October 2006 as amended in MarLh 2010, and constitutes a limited company, limited by guarantee, as defined by the companies aci 2006. Recruitment and appointmemt of new Irustees When recrniting new trustees, Ihe important aitribute is a passion for Ihe WO￿ of our Daycare unit and a rounded experience of personal growth. Where po.ssible, the trustees consider that the skills and attributes of the Board of Trustees should iiiclude experience of working in eduialion, particularly with the provision of Daycare services, equal opportunities or disability nee(Ls, and management experience. n addition, il is desirable that a trustee should have an inlerest in. as t.ar as is practical. personally participatillg in the work of The Willows Daycare. It is also conbidered important that there should be at least one male and feinale member of the Buard uf Trustees. Organisiitional struetsre The trustees are responsibl¢ for the manag¢m¢nt and control of The Willows Daycare Charity and meet regularly during the year. All trustees give their time freely io the charity and no Temuneration or expenses were paid or claimed of the charity in the current fI￿ncial year. Related parties The charity works clo)ely with The Willows Family Hub (fonnerly The X41illows Children's CentT¢) in wliich the setting is located. The Willows F2mily Hub 2SSiSts with the provision of facililies to allow the charity to offer after school and holiday club provision. REFERENCE AND .4DMINISTRA TIVE DETAIts Registered Company number 59 16295 (England and Wales Registered Charity number 1135907 Registered office Magdalene Close Ipgwich Siiffolk IP2 9UX Trustees M Il, Fotheringham D Causier Ecware Company Secretary Page 4 The Willows DaTreare Ltd {Reglstered number: 05976295) Report of the Tru5tee5 For The Year Ended 31 IWlarch 2025 REFERENCE AND.4DMINISTRATIVE DETAILS Independellt Examiner John Phillips & Co Limited Accountant Unit 81 Centaur Court Claydon Business Park Gt. Blakenham Ipswich Suffolk IP6 ONL Approved by order of th¢ board of Irustees on 12 December 2025 and signd on ils behalf by.. M Il, Fotheringham - TTUSt¢e Page 5 Independent Examiner's Report to the Trustees of The Willows Daycare Ltd Independent examiner's report to the truslees of The WilloiTrs Daycare Ltd ('the Compan) ) I report to the charity trustees on my exainination of ihe aicountb of the Company for the year ended i l March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directOTS for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Con]panies Act 7006 {'the 2006 Act'l. Having satisfied myself that the accounts ot" Ihe Company are nol required io be audiled under Part 16 of the 2006 Act and ar¢ eligible tor independent examination, I report in respecl of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Aci'}. In carrying oul my examination J have followed Ihe Directions given by the Charity Commission under Section 145(5) (b) of the 101 l Act. Page 6 Independent Examiner's Report to the Trustees of The Willows Daycare Ltd Independent examiner's statement Since your charity's gTOSS inco]ne exLeeded £250,000 your examiner must be a member of a listed body. I can confirin ihat I am qualitied to undertake the examination because l am a member of the Association of Accounting Technicians, which is one of tlie listed bodieb. I hai'e completed my examination. I confinn that no tnatters have come to tny attention in connection with the examination giving me cause to believe= accounling records w¢r¢ not kept in respect of the Company as required by Section 386 of the 2006 Aci; or Ihe accounts do nol accord wilh 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 exatnination; or the accounts have iiol been prepared in accordance with ihe methods and principles ot" the Statement ot Recommended Practice for accounting and reporting by charities (applicable to charitie5 preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Rq)ublic of Ireland {FRS 102)). I hai'e no concerns and have come across no oiher mallers in connection with the examination to which attention should be draThn in this rcport in ordLr to cnablc a propcr undcrstanding of thc accounts to bc rcachcd. Mr Sam Phillips MAAT The Association of Accounting Technicians Johii Phillips & Co Limited Accountants Unit 81 Centaur Court Claydon Business Park Gl. Bliikeiihiim Ipswich Suffolk IP6 ONL 12 Dcccmbcr 2025 Page 7 The Willows Daycare Ltd ststement of Financial ActiTrTrties For The Year Ended 31 IWlarch 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donation4 and legacie 5x1,264 495,604 Invebtment inconie Total 1.220 582.484 878 496,482 EXPENDITURE ON Raising funds 4,569 Charitable activities General 451,020 483,013 Other Total 52,559 503 581 49.930 537 512 NET INCOIIIEI(EXPENDITURE) 78,903 (41,030) RECONCILIATION OF FUNDS Total fund% brought torward 119,185 160.215 TOTAL FUNDS CARRIED FORWARD 198 088 119 185 The notes forn] part of th¢se financial stateinents Page 8 The Willows DaTreare Ltd {Reglstered number: 05976295) Balance Sheet 31 ￿larch 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes FIXED ASSETS Tangible assets io 2J26 2,631 CURRENT ASSETS Debtors Cash ai bank 3,283 192 684 195,967 282 117 216 117,498 CREDITORS Amounts falling due within one y¢ar 12 (205) {944) NET CURRELYT ASSETS 195 762 116554 TOTAL ASSETS LESS CURRENT LIABILITIES 198,088 119,185 NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS 198.088 119.185 13 198,088 198 088 119,185 119 185 The L.harilable company is entitled io exemption from audit under SeLtion 477 of the Companies Act 2006 for the year ended 31 March 2025. The Iiieinber5 have not required the company to obtain an audit of its financial stat¢ments for the year ¢nded 31 March 2025 in accordance with Section 476 of the Companies Aci 2006. The trustees ackiiowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records Ihat comply with Sectionb 386 and 387 of the Companies Act 2006 and preparing tinancial statements M'hich give a true and fair view of the slate of affairs ot" the charitable company as ai Lhc Cnd ul" c(ILh f￿dn￿l(lI Y¢<￿ and uf ils burplus ur dcfiLiI fc)r CdLh lindDLl