## K & O CHILDCARE LTD TRUSTEES’ ANNUAL REPORT 2024/25
Charity Registration: 1137877 Company No. 7093139
|**Charity Name:**|K&O Childcare||
|---|---|---|
|**Registered Charity Number:**|1137877||
|**Principal Address:**|161 Sumner Road||
||Peckham||
||London SE15 6JL||
|**Trustees:**|Charity Trustees||
|**Names of the Charity**|||
|**Trustees:**|Charlene Jones|Chairperson|
||Richard Wright|Treasurer|
||Jacqui McQuire|Committee|
||Nadia Mondesir|Members|
||Ashley Hastings||
||Stephanie Johnson||
|**Name and address**|||
|**of adviser:**|Divine Consult Limited||
||Accountants||
||159 Boundfield Road||
||London SE6 1PE||
|**Name of senior staff:**|K&O Nursery General Manager||
||Miss June Savory||
|**Type of governing**|||
|**document:**|Constitution||
||adopted 02/12/2009||
|**How the charity is**|||
|**constituted:**|Limited Company||
|**Charity trustee selection**|||
|**methods:**|Appointed by the existing trustees||
Charity Registration: 1137877 Company No. 7093139
## **Summary of the Charity's Objects**
The objects of K&O Childcare are to advance the education, development, and wellbeing of children below statutory school age whose parents or carers live and/or work within the London Borough of Southwark and surrounding areas, without discrimination on the grounds of sex, race, disability, religion, or political opinion.
The charity fulfils these objectives by:
- Providing a safe, secure, inclusive, and stimulating environment where children are encouraged to learn through play and develop at their own pace.
- Working in partnership with parents, carers, the London Borough of Southwark, and other agencies to support children's learning, development, and well-being.
- Promoting children's confidence, independence, and positive self-esteem to enable them to reach their full potential.
- Providing opportunities for parents to become actively involved in their children's learning through workshops, events, and regular communication.
- Supporting children with additional needs, including behavioural and special educational needs, by working closely with families and relevant professionals to ensure appropriate support is in place.
## **Summary of the Main Activities Undertaken for the Public Benefit**
K&O Childcare operates an Ofsted-registered nursery (Registration No. EY419807) in Peckham, providing high-quality childcare and early education for children whose families live and/or work within Southwark and neighbouring communities.
The nursery operates Monday to Friday with the following sessions:
- Breakfast Club: 7:00 am – 8:00 am
- Nursery Day: 8:00 am – 6:00 pm
- Extended Care: 6:00 pm – 6:30 pm
Throughout the year, the nursery continued to deliver the Government's Free Early Education Entitlement (FEEE) for eligible children aged 2, 3 and 4 years. Following the Government's expansion of childcare funding in September 2024, K&O Childcare also began delivering **15 hours of funded childcare for eligible working families with children from 9 months of age** . This widened access to affordable, high-quality childcare for local families while supporting children's early learning and development.
The nursery also continued to provide play opportunities, parent workshops, family support, and advice to strengthen children's development and encourage positive parental involvement.
The trustees have considered the Charity Commission's guidance on public benefit and are satisfied that the charity's activities continue to provide a clear public benefit through accessible, high-quality early years education and family support.
Charity Registration: 1137877 Company No. 7093139
## **Summary of the Main Achievements During the Year**
During the year, K&O Childcare continued to provide a high standard of early years education and care, ensuring that every child received a positive, inclusive, and stimulating learning experience.
Children made good progress across all areas of learning and development through activities planned in accordance with the Early Years Foundation Stage (EYFS). Staff continued to create a nurturing environment in which children felt safe, valued, and confident to learn.
The nursery successfully implemented the Government's expanded childcare funding for eligible children from 9 months of age, supporting more working families within the local community to access funded childcare places.
K&O Childcare continued to support families from disadvantaged and low-income backgrounds by providing funded early education places and working closely with parents to promote children's learning, development, and school readiness.
The staff team remained committed to continuous professional development, ensuring they maintained up-to-date knowledge of safeguarding, child development, and best practice within the early years sector.
The trustees continued to invest in improving the nursery environment, resources, and quality of provision, with the aim of maintaining high standards and working towards achieving an Outstanding judgement at a future Ofsted inspection.
## **Financial Review**
The charity has continued to manage its finances responsibly throughout the year. Income has been applied solely towards furthering the charity's objectives by maintaining high-quality childcare provision, investing in learning resources, supporting staff development, and ensuring the nursery remains a safe and welcoming environment for children and families.
## **Policy on Reserves**
The trustees do not currently operate a formal reserves policy. However, the charity's financial position is reviewed regularly to ensure that sufficient funds are available to meet ongoing operational commitments and maintain continuity of services. The trustees will continue to review the need for a formal reserves policy as the charity develops.
## **Trustees' Approval**
This report was reviewed and approved by the Trustees of K&O Childcare on behalf of the charity.
Charity Registration: 1137877 Company No. 7093139
**Registered Company Number : 07093139 Charity Registration Number: 1137877**
**K & O CHILDCARE LTD Unaudited Financial Statements For The Year Ended 31 March 2025**
## **K & O CHILDCARE LTD**
**Contents of The Financial Statements for the year ended 31 March 2025**
||**Page**|
|---|---|
|Legal and Administrative Information|1|
|Report of The Trustees|2 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 - 8|
|Detailed Statement of Financial Activities|9|
## **K & O CHILDCARE LTD Account**
**for the year ended 31 March 2025**
## **Legal and Administrative Details**
**Registered Charity Number:** 1137877 **Registered Company Number :** 07093139
## **Director**
Miss Krisdionne Egwenu
## **Chairperson**
Miss Charlene Jones
## **Treasurer**
Mr Richard Wright
## **Trustees**
Miss Charlene Jones (Chiarperson) Miss Nadia Mondersir (Member)
## **Independent Examiner**
Divine Consult Limited Accountants 159 Boundfield Road London SE6 1PE
**Bankers:** HSBC Rye Lane Peckham London SE15 5ET
## **Registered Office:**
K & O Childcare Ltd 161 Sumner Road London SE15 6JL
1
## **K & O CHILDCARE LTD**
## **Report of The Trustees**
**for the year ended 31 March 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
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 on 26th April 2011 with a registered charity number 1137877.
## **Organisational structure**
The nursery is organised such that the day to day running of the nursery has been delegated to the Charity Manager. The Trustees are consulted on all material issues and determine the strategic direction of the charity. Trustees meet four times in a year and as and when required to review the operations of the charity.
## **Recruitment and appointment of new trustees**
The management of the nursery is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
## **Policies adopted for the induction and training of trustees**
The induction process for any newly appointed member of the trustees comprises an initial meeting with the chairperson and other trustees, followed by a series of short meetings with the chairperson on the powers and responsibilities of the trustees.
New Trustees are given an understanding of the charity’s objectives and the requirements of the Charity Commission. They are also encouraged to attend appropriate external training events where these will facilitate the understanding of their role. Charity Commission bulletins/ updates is also forwarded to Trustees as and when issued.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate control. The trustees have assessed the major risks to which the nursery is exposed. In particular those related to the operations and finances of the nursery, and are satisfied that systems are in place to mitigate our exposure to the major risks and to provide reasonable assurance against fraud and error.
## **OBJECTIVES AND ACTIVITIES**
To enhance the development and education of children under statutory school leaving age whose parents live and/or work in the London borough of Southwark and surrounding areas without distinction of sex, race, age and political and religious opinion.
Each year our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on children education.
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
2
## **K & O CHILDCARE LTD**
## **Report of The Trustees**
## **for the year ended 31 March 2025**
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
· Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charity SORP;
- Make judgements and estimates that are reasonable and prudent;
· Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions
This report was approved by the trustees on 19 December 2025 and signed on its behalf.
Miss Charlene Jones
## **Chairperson (For The Trustee)**
3
## **K & O CHILDCARE LTD Account**
## **Independent Examiner's Report To the Trustees of**
## **K & O CHILDCARE LTD**
I report on the accounts for the year ended 31 March 2025 set out on pages five to nine.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of IFA.
It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
• the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 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.
Divine Consult Limited Accountants 159 Boundfield Road London SE6 1PE
19 December 2025
4
## **K & O CHILDCARE LTD**
## **Statement of Financial Activities for the year ended 31 March 2025**
|**Notes**
**Income Resources**
Incoming Resources From Generated Funds
Voluntary Income
2
**Total Income Resources**
**Resources Expended**
Charitable Activities
Support & Charitable Expenses
Governance Costs
3
**Total Resources Expended**
**NET INCOMING RESOURCES**
**Total Funds Balances b/fwd**
**Total Funds Balances c/fwd**|**Unrestricted**
**£**
312,257
**312,257**
280,327
7,762
**288,089**
**24,168**
**(20,682)**
**3,486**|**Restricted**
**£**
-
-
-
-
**-**
-
-
**-**|**2025**
**Total**
**Fund**
**£**
312,257
**312,257**
280,327
7,762
**288,089**
**24,168**
**(20,682)**
**3,486**|**2024**
**Total**
**Fund**
**£**
221,843
**221,843**
242,423
6,997
**249,420**
**(46,016)**
**25,334**
**(20,682)**|
|---|---|---|---|---|
The Notes Form Part of These Financial Statements
5
## **K & O CHILDCARE LTD**
## **Balance Sheet**
## **as at 31 March 2025**
|**Notes**
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors
6
Cash at bank and in hand
**CREDITORS**
Amounts Falling Due within one Year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts Falling Due after more than
one year
8
**NET ASSETS**
**Unrestricted Funds**
9
Unrestricted Funds
**TOTAL FUNDS**|**2025**
**Total Funds**
**£**
**£**
-
18,800
7,691
16,161
23,852
(26,436)
(2,584)
16,216
(12,730)
3,486
3,486
3,486|**2024**
**Total Funds**
**£**
**£**
-
11,455
19,872
31,327
(27,743)
3,584
3,584
(24,266)
(20,682)
(20,682)
(20,682)|
|---|---|---|
The director satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Trustees on 19 December 2025 and were signed on its behalf by:
Miss Krisdionne Egwenu **Chairperson (For The Trustee)**
The Notes Form Part of These Statements
6
**K & O CHILDCARE LTD**
## **Notes to the Financial Statements for the year ended 31 March 2025**
## **1 ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014).
## Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## Resources expended
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.
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.
|**2**
**VOLUNTARY INCOME**
LB Southwark - Fees
Nursery Fees
Company Kids Voucher
College
GOV Scheme
Other income
**3**
**GOVERNANCE COSTS**
Accountancy
Insurance
Legal fees
**4**
Wages and Salaries
HM Revenue
The average monthly number of employees during the year|**2025**
**£**
142,040
89,501
2,304
-
78,412
-
**312,257**
**2025**
2,100
3,580
2,082
**7,762**
**2025**
180,562
3,644
**184,206**
15|**2024**
**£**
70,548
90,885
2,898
9,380
19,480
28,652
**221,843**
**2024**
2,100
2,817
2,080
**6,997**
**2024**
176,492
4,562
**181,054**
19|
|---|---|---|
|**5**
**Tangible fixed assets**
**Cost**
Additions
At 31 March 2025
**Depreciation**
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025|**Motor**
**vehicles**
**£**
23,500
23,500
4,700
4,700
18,800|
|---|---|
7
## **K & O CHILDCARE LTD**
## **Notes to the Financial Statements for the year ended 31 March 2025**
|**6**
**Debtors : Amounts Falling Due within one year**
Debtors - Parents
**7**
**Creditors: amounts falling due within one year**
Trade creditors
Wages & Salaries
PAYE & NI
Other Creditors
**8**
**Creditors: amounts falling due after one year**
Bank loans
**OPERATING LEASE COMMITMENTS**
Expiring:
Between one and five years
**9**
**Movement in Funds**
Unrestricted funds
General fund
Restricted Fund
TOTAL FUNDS
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
Restricted Fund
Total Fund
Butterfly Lane|**At 01 04 24**
**£**
(20,682)
-
(20,682)
s follows:
**Incoming**
**Resources**
**£**
312,257
-
312,257|**2025**
**£**
7,691
-
7,691
**2025**
**£**
2,100
13,845
2,207
8,284
26,436
**2025**
**£**
12,730
**£**
-
-
**Net**
**Movement In**
**Funds**
**£**
24,168
-
24,168
**Resources**
**Expended**
**£**
288,089
-
288,089|**2024**
**£**
10,255
1,200
11,455
**2024**
**£**
2,100
13,032
1,763
10,848
27,743
**2024**
**£**
24,266
**£**
4,534
4,534
**At 31 03 25**
**£**
3,486
-
3,486
**Movement in**
**Funds**
**£**
24,168
-
24,168|
|---|---|---|---|
8
## **K & O CHILDCARE LTD**
## **Detailed Statement Of Financial Activities**
**for the year ended 31 March 2025**
|**INCOMING RESOURCES**
LB Southwark - Fees
Nursery Fees
Company Kids Voucher
College
GOV Scheme
Other income
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable Activities**
Activities
Staff training and welfare
Stationery and printing
**Governance Costs**
Accountancy fees
Insurance
Professional charges
**Support Costs Management**
Wages and Salaries
HM Revenue
Payroll Services
Employer's Pension
Rent & Rates
Telephone and fax
Service charge
Pest Control
Food & Drinks
Bank charges
Cleaning & Bins
Utilities
Low Level Equipment
Repairs and maintenance
Lease expense
Securities
Depreciation
TOTAL RESOURCES EXPENDED
**NET INCOME**|**2025**
**2024**
**Unrestricted**
**Restricted**
**Total Fund**
**Total Fund**
**£**
**£**
**£**
**£**
142,040
142,040
70,548
89,501
89,501
90,885
2,304
2,304
2,898
0
0
9,380
78,412
78,412
19,480
0
28,652
**312,257**
**0**
**312,257**
**221,843**
6,125
6,125
2,599
1,738
1,738
0
0
0
54
**7,863**
**0**
**7,863**
**2,653**
2,100
2,100
2,100
3,580
3,580
2,817
2,082
2,082
2,080
**7,762**
**0**
**7,762**
**6,997**
180,562
180,562
176,492
3,644
3,644
4,562
1,250
1,250
1,402
954
954
630
19,833
19,833
21,441
3,527
3,527
2,935
8,273
8,273
0
1,406
1,406
527
5,615
5,615
4,496
116
116
60
707
707
5,030
1,665
1,665
720
14,732
14,732
2,885
20,394
20,394
7,177
3,289
3,289
9,674
1,797
1,797
1,739
4,700
4,700
0
**272,464**
**0**
**272,464**
**239,770**
288,089
0
288,089
249,420
**24,168**
**0**
**24,168**
**-27,577**|
|---|---|
9
**Registered Company Number : 07093139 Charity Registration Number: 1137877**
**K & O CHILDCARE LTD Unaudited Financial Statements For The Year Ended 31 March 2025**
## **K & O CHILDCARE LTD**
**Contents of The Financial Statements for the year ended 31 March 2025**
||**Page**|
|---|---|
|Legal and Administrative Information|1|
|Report of The Trustees|2 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 - 8|
|Detailed Statement of Financial Activities|9|
## **K & O CHILDCARE LTD Account**
**for the year ended 31 March 2025**
## **Legal and Administrative Details**
**Registered Charity Number:** 1137877 **Registered Company Number :** 07093139
## **Director**
Miss Krisdionne Egwenu
## **Chairperson**
Miss Charlene Jones
## **Treasurer**
Mr Richard Wright
## **Trustees**
Miss Charlene Jones (Chiarperson) Miss Nadia Mondersir (Member)
## **Independent Examiner**
Divine Consult Limited Accountants 159 Boundfield Road London SE6 1PE
**Bankers:** HSBC Rye Lane Peckham London SE15 5ET
## **Registered Office:**
K & O Childcare Ltd 161 Sumner Road London SE15 6JL
1
## **K & O CHILDCARE LTD**
## **Report of The Trustees**
**for the year ended 31 March 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
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 on 26th April 2011 with a registered charity number 1137877.
## **Organisational structure**
The nursery is organised such that the day to day running of the nursery has been delegated to the Charity Manager. The Trustees are consulted on all material issues and determine the strategic direction of the charity. Trustees meet four times in a year and as and when required to review the operations of the charity.
## **Recruitment and appointment of new trustees**
The management of the nursery is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
## **Policies adopted for the induction and training of trustees**
The induction process for any newly appointed member of the trustees comprises an initial meeting with the chairperson and other trustees, followed by a series of short meetings with the chairperson on the powers and responsibilities of the trustees.
New Trustees are given an understanding of the charity’s objectives and the requirements of the Charity Commission. They are also encouraged to attend appropriate external training events where these will facilitate the understanding of their role. Charity Commission bulletins/ updates is also forwarded to Trustees as and when issued.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate control. The trustees have assessed the major risks to which the nursery is exposed. In particular those related to the operations and finances of the nursery, and are satisfied that systems are in place to mitigate our exposure to the major risks and to provide reasonable assurance against fraud and error.
## **OBJECTIVES AND ACTIVITIES**
To enhance the development and education of children under statutory school leaving age whose parents live and/or work in the London borough of Southwark and surrounding areas without distinction of sex, race, age and political and religious opinion.
Each year our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on children education.
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
2
## **K & O CHILDCARE LTD**
## **Report of The Trustees**
## **for the year ended 31 March 2025**
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
· Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charity SORP;
- Make judgements and estimates that are reasonable and prudent;
· Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions
This report was approved by the trustees on 19 December 2025 and signed on its behalf.
Miss Charlene Jones
## **Chairperson (For The Trustee)**
3
## **K & O CHILDCARE LTD Account**
## **Independent Examiner's Report To the Trustees of**
## **K & O CHILDCARE LTD**
I report on the accounts for the year ended 31 March 2025 set out on pages five to nine.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of IFA.
It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
• the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 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.
Divine Consult Limited Accountants 159 Boundfield Road London SE6 1PE
19 December 2025
4
## **K & O CHILDCARE LTD**
## **Statement of Financial Activities for the year ended 31 March 2025**
|**Notes**
**Income Resources**
Incoming Resources From Generated Funds
Voluntary Income
2
**Total Income Resources**
**Resources Expended**
Charitable Activities
Support & Charitable Expenses
Governance Costs
3
**Total Resources Expended**
**NET INCOMING RESOURCES**
**Total Funds Balances b/fwd**
**Total Funds Balances c/fwd**|**Unrestricted**
**£**
312,257
**312,257**
280,327
7,762
**288,089**
**24,168**
**(20,682)**
**3,486**|**Restricted**
**£**
-
-
-
-
**-**
-
-
**-**|**2025**
**Total**
**Fund**
**£**
312,257
**312,257**
280,327
7,762
**288,089**
**24,168**
**(20,682)**
**3,486**|**2024**
**Total**
**Fund**
**£**
221,843
**221,843**
242,423
6,997
**249,420**
**(46,016)**
**25,334**
**(20,682)**|
|---|---|---|---|---|
The Notes Form Part of These Financial Statements
5
## **K & O CHILDCARE LTD**
## **Balance Sheet**
## **as at 31 March 2025**
|**Notes**
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors
6
Cash at bank and in hand
**CREDITORS**
Amounts Falling Due within one Year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts Falling Due after more than
one year
8
**NET ASSETS**
**Unrestricted Funds**
9
Unrestricted Funds
**TOTAL FUNDS**|**2025**
**Total Funds**
**£**
**£**
-
18,800
7,691
16,161
23,852
(26,436)
(2,584)
16,216
(12,730)
3,486
3,486
3,486|**2024**
**Total Funds**
**£**
**£**
-
11,455
19,872
31,327
(27,743)
3,584
3,584
(24,266)
(20,682)
(20,682)
(20,682)|
|---|---|---|
The director satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Trustees on 19 December 2025 and were signed on its behalf by:
Miss Krisdionne Egwenu **Chairperson (For The Trustee)**
The Notes Form Part of These Statements
6
**K & O CHILDCARE LTD**
## **Notes to the Financial Statements for the year ended 31 March 2025**
## **1 ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014).
## Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## Resources expended
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.
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.
|**2**
**VOLUNTARY INCOME**
LB Southwark - Fees
Nursery Fees
Company Kids Voucher
College
GOV Scheme
Other income
**3**
**GOVERNANCE COSTS**
Accountancy
Insurance
Legal fees
**4**
Wages and Salaries
HM Revenue
The average monthly number of employees during the year|**2025**
**£**
142,040
89,501
2,304
-
78,412
-
**312,257**
**2025**
2,100
3,580
2,082
**7,762**
**2025**
180,562
3,644
**184,206**
15|**2024**
**£**
70,548
90,885
2,898
9,380
19,480
28,652
**221,843**
**2024**
2,100
2,817
2,080
**6,997**
**2024**
176,492
4,562
**181,054**
19|
|---|---|---|
|**5**
**Tangible fixed assets**
**Cost**
Additions
At 31 March 2025
**Depreciation**
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025|**Motor**
**vehicles**
**£**
23,500
23,500
4,700
4,700
18,800|
|---|---|
7
## **K & O CHILDCARE LTD**
## **Notes to the Financial Statements for the year ended 31 March 2025**
|**6**
**Debtors : Amounts Falling Due within one year**
Debtors - Parents
**7**
**Creditors: amounts falling due within one year**
Trade creditors
Wages & Salaries
PAYE & NI
Other Creditors
**8**
**Creditors: amounts falling due after one year**
Bank loans
**OPERATING LEASE COMMITMENTS**
Expiring:
Between one and five years
**9**
**Movement in Funds**
Unrestricted funds
General fund
Restricted Fund
TOTAL FUNDS
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
Restricted Fund
Total Fund
Butterfly Lane|**At 01 04 24**
**£**
(20,682)
-
(20,682)
s follows:
**Incoming**
**Resources**
**£**
312,257
-
312,257|**2025**
**£**
7,691
-
7,691
**2025**
**£**
2,100
13,845
2,207
8,284
26,436
**2025**
**£**
12,730
**£**
-
-
**Net**
**Movement In**
**Funds**
**£**
24,168
-
24,168
**Resources**
**Expended**
**£**
288,089
-
288,089|**2024**
**£**
10,255
1,200
11,455
**2024**
**£**
2,100
13,032
1,763
10,848
27,743
**2024**
**£**
24,266
**£**
4,534
4,534
**At 31 03 25**
**£**
3,486
-
3,486
**Movement in**
**Funds**
**£**
24,168
-
24,168|
|---|---|---|---|
8
## **K & O CHILDCARE LTD**
## **Detailed Statement Of Financial Activities**
**for the year ended 31 March 2025**
|**INCOMING RESOURCES**
LB Southwark - Fees
Nursery Fees
Company Kids Voucher
College
GOV Scheme
Other income
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable Activities**
Activities
Staff training and welfare
Stationery and printing
**Governance Costs**
Accountancy fees
Insurance
Professional charges
**Support Costs Management**
Wages and Salaries
HM Revenue
Payroll Services
Employer's Pension
Rent & Rates
Telephone and fax
Service charge
Pest Control
Food & Drinks
Bank charges
Cleaning & Bins
Utilities
Low Level Equipment
Repairs and maintenance
Lease expense
Securities
Depreciation
TOTAL RESOURCES EXPENDED
**NET INCOME**|**2025**
**2024**
**Unrestricted**
**Restricted**
**Total Fund**
**Total Fund**
**£**
**£**
**£**
**£**
142,040
142,040
70,548
89,501
89,501
90,885
2,304
2,304
2,898
0
0
9,380
78,412
78,412
19,480
0
28,652
**312,257**
**0**
**312,257**
**221,843**
6,125
6,125
2,599
1,738
1,738
0
0
0
54
**7,863**
**0**
**7,863**
**2,653**
2,100
2,100
2,100
3,580
3,580
2,817
2,082
2,082
2,080
**7,762**
**0**
**7,762**
**6,997**
180,562
180,562
176,492
3,644
3,644
4,562
1,250
1,250
1,402
954
954
630
19,833
19,833
21,441
3,527
3,527
2,935
8,273
8,273
0
1,406
1,406
527
5,615
5,615
4,496
116
116
60
707
707
5,030
1,665
1,665
720
14,732
14,732
2,885
20,394
20,394
7,177
3,289
3,289
9,674
1,797
1,797
1,739
4,700
4,700
0
**272,464**
**0**
**272,464**
**239,770**
288,089
0
288,089
249,420
**24,168**
**0**
**24,168**
**-27,577**|
|---|---|
9