Company registration number: 06970365 Charity registration number: 1138501 **----- Start of picture text -----**
Henshaw Nursery
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 July 2023
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CI Accountancy Ltd 11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 INH ## Henshaw Nursery ## Contents **----- Start of picture text -----**
|||||||||| |---|---|---|---|---|---|---|---|---| |Reference|and|Administrative|Detailsa| |Trustees’|Report|ne|eects|2|10.3| |Independent|examiner’s|reportee|A| |Statement|of financial|activitiesncees| |Balance|Sheet22enee|eG| |Notes to|the financial|statements|-__.eee|7|to|[0| |The|following|page|does|not form|part of the|statutory|financial|statements:| |Statement|of financial|activities|per fundeee|LT| **----- End of picture text -----**
## Henshaw Nursery ## Reference and Administrative Details |Charity name|Henshaw Nursery| |---|---| |Charity registration number|1138501| |Company registration number|06970365| |Principal office|HenshawCE FirstSchool| ||Bardon Mill| ||Hexham| ||Northumberland| ||NE47 7EP| |Registered office|HenshawCE FirstSchool| ||Bardon Mill| ||Hexham| ||Northumberland| ||NE47 7EP| |Trustees|Arlene Bowes| ||Nicole Dodd| ||Jade Charlton| ||Susan Atkinson| ||Heten Louise Revels| ||Paul Rushworth| |Director|Arlene Bowes| ||NicoleDodd| ||Jade Charlton| ||Susan Atkinson| ||Helen Louise Revels| ||Paul Rushworth| |Bankers|BarclaysBankPle| |Accountant|Cl Accountancy Ltd| ||11-12TheCourtyard| ||St. Mary's Chare| ||Hexham| ||Northumberland| ||NE461NH| Page 1 | ## Henshaw Nursery Trustees’ Report The Trustees of the Charity, Henshaw Nursery, present their annual report and accounts for the year ended 31 July 2023, which have been subject to independent examination. ## Structure, governance and management Henshaw Nursery ts governed by a board of Trustees who are also directors of the Company Limited by Guarantee. The trustees/directors are appointed or reappointed at the Annual General Meeting held in the Autumn term. During this financial year the trustees were; Arlene Bowes Appointed November 2017 Nicole Dodd Appointed January 2018 Jade Charlton Appointed March 2018 Susan Atkinson Appointed April 2018 Helen Revels Appointed October 2019 Paul Rushworth Appointed July 2022 The day to day running of the nursery is managed by Arlene Bowes, the Nursery Manager. The trustees give their time voluntarily and receive no remuneration or other benefits. There is a child protection policy in place, and DBS checks are also carried out prior to commencement of employment or trusteeship. The objects of Henshaw Nursery are to provide a caring, happy, safe, secure and stimulating environment, in which the children are able to choose and plan their own activities, and take control of their learning. To help the children to: - Reach their full potential - Collaborate and reflect with others - Communicate with peers and adults - Express themselves through the medium of art, craft, music, drama and movement - + Develop self esteem and be more tolerant of others - Have fun and enjoy themselves - To provide workshops for parents and carers. To raise funds to improve the environment for the children. To work with similar rural settings. To work closely with the school to ease the transition of the children. In planning our activities for the year, to keep in mind the Charity Commissions guidance on public benefit at our Trustees meetings. ## Summary of main achievements Page 2 | | | | ## Henshaw Nursery ## Trustees’ Report Henshaw Nursery has had continued success in lowering the age range to 18 months. We have been able to attract a greater number of children and families to our Nursery. Staff have been able to access several training courses, aimed at providing a better learning experience. We began 2022 with 43 enrolled in the nursery and by July 2023 this increased to 55 children. We would also like to thank our parents, carers, the children, and members of the community for all their continued support. We have continued fundraising activities, and successfully obtained grants from the community chest and Joicey Trust, This allowed us to greatly improve our learning space and provide a dedicated additional space to provide greater utilisation opportunities for our children, families, and community. ## Policy on reserves Unrestricted funds are held to meet any unforeseen expenditure that may occur and to meet any unexpected drop in income. ## Small company provisions This report has been prepared in accordance with the sma!! companies regime under the Companies Act 2006. ## Approved by the Board and signed on its behalf by: Arlene Bowes Helen Louise Revels Trustee Trustee Dates. A Rte pate. 2.4 Page 3 | | | y | | | | ## Independent Examiner's Report to the Trustees of ## Henshaw Nursery I report on the accounts of the company for the year ended 31 July 2023, which are set out on pages 5 to 10. ## Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts, The 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 needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and - state whether particular matters have come to my attention. Basis of 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 statement below. ## Independent examiner's statement In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - tokeep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities ## have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. SNe==:. Shaun Nixon CI Accountancy Ltd pate:.2214-{[2...] 11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH Page 4 ## Henshaw Nursery Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 31 July 2023 |||Unrestricted|Total Funds|Total Funds||| |---|---|---|---|---|---| |||Funds|2023|2022|| ||Note|£|£|£|| |Incoming resources|||||| |Incomingresources from generated funds|||||| |Activities forgenerating funds|2|194,202|194,202|149,780|| |Total incoming resources||194,202|194,202|149,780|| |Resources expended|||||| |Costs ofgenerating funds|||||| |Fundraising trading: cost ofgoods soldand other|||||| |costs
Governance costs|3
3|198,768
1,364|198,768
1,364|153,320
1,106|| |Total resourcesexpended||200,132|200,132|154,426|| |Netmovements infunds||(5,930)|(5,930)|(4,646)|| |Reconciliation offunds|||||| |Total funds brought forward||30,495|30,495|35,141|| |Totalfundscarriedforward||24,565|24,565|30,495|| The notes on pages 7 to 10 form an integral part of these financial statements. Page 5 ## Henshaw Nursery (Registration number: 06970365) Balance Sheet as at 31 July 2023 ||||2023||2022| |---|---|---|---|---|---| ||Note|£|£|£|£| |Current assets|||||| |Cash atbank and in hand|||25,525||31,195| |Creditors: Amounts falling
duewithin oneyear|7||(960)||(700)| |Netcurrent assets|||24,565||30,495| |Net assets|||24,565||30,495| |The funds of the charity:|||||| |Unrestricted funds|||||| |Unrestrictedincome funds|||24,565||30,495| |Totalcharityfunds|||65||___30,495| For the financial year ended 31 July 2023, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and with the Financial Reporting Standard for Smaller Entities (effective April 2008 January 2015). **----- Start of picture text -----**
Approved by the Boardon221 4-[2uens signed on its behalf by: "uth
Arlene Bowes Helen Louise Revels
Trustee Trustee
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The notes on pages 7 to [0 form an integral part of these financial statements. Page 6 ## Henshaw Nursery ## Notes to the Financial Statements for the Year Ended 31 July 2023 ## 1 Accounting policies ## Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. ## Fund accounting policy Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Designated funds are unrestricted funds set aside at the discretion of the trustees for specific purposes. Further details of each fund are disclosed in note 11. ## Resources expended Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ## Costs of generating funds are the costs of trading for fundraising purposes. Capital grants are written off in line with the depreciation policy of the supported asset. Revenue grants are recorded in the profit and loss account in the period that the supported expenditure is incurred. ## Governance costs Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters. ## Operating leases Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term. ## Pensions The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme. Page 7 | | | ## Henshaw Nursery ## Notes to the Financial Statements for the Year Ended 31 July 2023 ## veers CONTINUCR ## 2 Activities for generating funds ||Unrestricted|TotalFunds|TotalFunds| |---|---|---|---| ||Funds|2023|2022| ||£|£|£| |Childcare & Education|||| |Fees and supplies|187,602|187,602|144,780| |Grantsreceivable|6,600|6,600|5,000| ||194,202|194,202|149,780| |=Total resources expended|||| ||Childcare&
Education|Governance|Total| ||£|£|£| |Direct costs|||| |Costofgoods sold|11,189|-|11,189| |Employment costs|165,382|-|165,382| |Establishment costs|8,186|-|8,186| |Repairs andmaintenance|14,011|-|14,011| |Accountancy fees|-|1,364|[,364| ||198,768|1,364|200,132| ## 3 =Total resources expended ## 4 Trustees’ remuneration and expenses No trustees received any remuneration during the year. ## 5 Employees' remuneration The aggregate payroll costs of these persons were as follows: ||2023|2022| |---|---|---| ||£|£| |Wages and salaries|150,154|125,213| |Social security|3,371|2,783| |Otherpensioncosts|11,597|9,650| ||165,122|137,646| Page 8 | ## Henshaw Nursery ## Notes to the Financial Statements for the Year Ended 31 July 2023 veneers CONfINUCH ## 6 Taxation The company is a registered charity and is, therefore, exempt from taxation. 7 Creditors: Amounts falling due within one year |||||2023|2022|| |---|---|---|---|---|---|---| |||||£|£|| |Accruals|and|deferred|income|88|___|00| ## 8 | Members' liability The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. ## 9 Pension scheme ## Defined contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £11,597 (2022 - £9,650), There were no outstanding or prepaid contributions at either the beginning or end of the financial year. Page 9 | | _ ## Henshaw Nursery ## ‘Notes to the Financial Statements for the Year Ended 31 July 2023 ## seneeeee COMtiNUER ## 10 Related parties ## Controlling entity The charity is controlled by the trustees who are all directors of the company. ## 11 Analysis of funds **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |At|1 August|Incoming|Resources|At 31|July| |2022|resources|expended|2023| |£|£|£|£| **----- End of picture text -----**
General Funds ## 12 Netassets by fund **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |Unrestricted|Total Funds|Total Funds| |Funds|2023|2022| |£|£|£| |Creditors: Amounts|falling due within|one year|(960)|(960)|(700)| |Net assets|24,565|24,565|30,495| **----- End of picture text -----**
Page 10 ## Henshaw Nursery ## Statement of financial activities by fund Year Ended 31 July 2023 ||Unrestricted|Unrestricted| |---|---|---| ||income fund|income fund| ||2023|2022| ||£|£| |Incoming resources||| |Incoming resources from generated funds||| |Activities forgeneratingfunds|194,202|149,780| |Total incoming resources|194,202|149,780| |Resources expended||| |Costs ofgenerating funds||| |Fundraising trading: costofgoods soldandother costs|198,768|153,320| |Governance costs|1,364|1,106| |Total resources expended|200,132|154,426| |Netmovements in funds|(5,930)|(4,646)| |Reconciliation offunds||| |Total funds brought forward|30,495|35,141| |Totalfundscarriedforward|24,565|30,495| This page does not form part of the statutory financial statements. Page 11