Conipany registralion niimber: 06970365 Cbarity registration nutDb¢i-: 1138501 Henshaw Nursery (A ¢onipaThy limited by guarantee) Awiual Report and Financial Staternenls for I1 Year Ended 31 July 2024 CI Accountancy Lid 11-12 Tiie Courlyard Si. Mary's Cliare Hexliam Northumberland NE46 INH
Henshaiy Nursery Contents Reference and Administrative Details ._ Truslecs, Reporl 2103 Independent exaniinei s report Sialement of financial activities Balance Sbeet .__ Notes to the financial stalemenls 71010 The following page does iK)t forni part of Ibe statutory financial stalernenls: Sialelneiil of financial activities per lld
Henshaiv Nursery Reference and Administrative Details CIIArlty name Hcnsliaw Nursery Charlty registratlon number 1138501 Con)PAny re£lstratloD number 06970365 Prlnclpal office Hensliaw C E First School Bardon Mill Hexham NorthuhibeTland NE47 7EP Regi5tei'ed of(Ice Hen8haw C E FiTsI School Bardon Mill Hexham Nortl)Iiiiiberland NE47 7EP Trustees Arlene Bowe8 Nicole Dodd Jade Charllon (resigned 3 May 2024) Susan Atkinson Helen Loiiise Rcvcls Paul Rushworth Director Arlene Bowes Ni¢ol¢ Dodd J•d¢ Charllon IsIgned 3 May 2024) Sus74n Atkinson Helen Louise Revels Paul Rushworth Ballkeys Barcjays Bank Pl AecountAnt Cl Accoiintailcy Ltd 11_12 The Courtyard Sl. Mary's Chare Hexhani Northumberland NE46 INH Page I
Henshajv Nursery Trusteesl Report The Trustees of the Cliarity, Henshaw Nursery, present their #llnual report #tsd accounts for the year ended 31 July 2024. wliich hav¢ subject to independ¢DI ex8niiiialion. Hensl)aw Nursery is govemed by a board of TTuslees who are also directors of the Compally Liniited by Guarantee. The tswsle¢sldu'e¢lors are appointd or reappointd al the Annual General Meeling held in tlie AUn] lenn. During this fmancial year the twslees were; Ai'lene Bowes Appointed November 2017 Nicole Dodd Appoinled January 2018 Jade Charlton Appointed March 2018 (R¢signed 3 May 2024) Susan Atkinson Appointed April 2018 Helen Revels Appointed October 2019 Paul Rusliworlh Appointed July 2022 The day to day running of the niirsery is managed by Arlene Bowcs, the Nursery Mana8ei'. Tlie ttuslees give their tiine voluntarily and receive no remuneration or other benefits. Theye is a child pi'olection policy in place, and DBS checks arc also carried oul prior to Coinniencement of i)ployiiienl or trusteeship. Tlie obje¢ls of H¢nshaw Nursery are to provide a ¢8ring. happy. safe, secure and sliniulating envii'oDment, in wliicli the cliildren al'e able lo choose and plan their own aclivilies. and lake control of Ili¢ir leaining. To help lh¢ children lo: Reach tlleir full polenliAI Collaborate and reflect with others Coiwlluni¢ale with peers and adults Express ihein5clvcs ihroiigli thc J]Kdiuii) of art, craft, music, dTaii)a and inoveinenl Develop self esteem and be more tolerant of others Hav¢ fiin and enjoy Iheinselyes To provide worksliops for paTcnls and carers. To i'aise fiinds lo iinprove the environment for the children. To work with siniilar njral settings. To woi'k closely with the school io ease thc tTansilion of the Children. In planning our aclivities for tl)e year, lo keep in n)ind the Charity Conimissioijs guidan¢¢ on public benefit at our TaSteeS n!eelin85. PJg¢ 2
Henshaiy Nursery Trustees, Report Henshaw Nui'sery has liad continued success in lowering Ihe age range to 18 monibs. We have been able lo attra¢l a 'eater nuniber of children ai)d fainilies lo our Nursery. Staff have been able to access several training courses, aiined at providing a better learning experience. The Triistees are delighted to report that the Niirsery had an Outstanding Ofstcd inspection in February 2024. We l)ad 55 children enrolled in the nursery as at July 2024. We would also like lo thank our parenls, carers, the childr¢n, and members of the community for all their conliniied siipport, We h8ve Continued fiindrai5ing activities, and success11Y obtained grants fron) tlie ColnunitY chest. This allowed us lo further iiivesl in our learning spac¢. Ui)i'eslri¢led fiinds are held lo meet any unforeseen expenditure that may occiir and lo meet any unexpected drop in incoi)ie. Small eonipiny provlslons This repori l)as been prepgred in accorddnce will) the sniall companies regime under Ili¢ Conjpanies A¢1 2006. Approved by the Boai'd and sign¢d on ils behalf by: Arlene Bowes Trustee Helen IA)uise Reve15 Tru51ee Paul Rushwortli Trnstee Dat Zf.J. LO Page 3
Independent Eiamlner's Report to the Trustees of Henshaiv Nursery I report on tlie accounts of tlie cornpany for ihe year ended 31 July 2024, whicli are set out on pages 5 10 10. Resp¢etlve responsibilities of trustee$ ex#miD¢w The trustees (who are also Ihe directors of tlie con)pany for Ilie piiryoses of company law) air responsible for tlie preparation of the accounts. The Inislees consider tlial an aiidil is not required for this year under section 144(2) of Ihe Charities Act 2011 (the 2011 Act) and that an independenl ¢xaminalion is needed. Having satisfied niyself Ibal the charity is nol subject lo audit under company law and is eligible for ind¢p¢ndent exaiiiino1ion, it is iny responsibilily to.. exainine the accounts under section 145 of the 201 l Acl; follow th¢ procedui'es laid down in the General Directions given by the Charity Comini$sion under section 145 (5) (b) of the 2011 Act. and stare wlieilier particular matters have coine lo my attention. BASIS of Independent ¢xamlner'$ report My exaiiiinalion was corried oiit in accordance with Ilie General Dire¢lions given by the Charity Cointnission. An ¢xaiMinalion includes a review of the accounlin8 records kcpi by Ihc chai'ity and a coinparison of the ac¢oiinls PT¢senled with those records. 11 also includes consid¢ration of any unusual ilenis or disclosiires in the accoiiiils, aiid s¢¢king explaiialioiis froin you as trnsle¢s coJ)¢en)iiig any siich lliatters. The pro¢ediires undertaken do not provide all the evidence tllal would be required in an audit and ColequentlY no opinion is given as 10 wlielli¢r tlie accounts present a '1¢ and fair view, and Ilie report is liniiled to Iliose Aiiallers sel out in tlie stalei)ient below. Independent ¢xamlner'$ slalemenl In conne¢lion willi iiiy exainination, no nialter has come lo i)iy attenlion.. (l) wbicli gives Ine reasonable cause lo believe ihat in any ni4letial respect the requirements: to keep accounting records in accordance willi seclion 386 of Il?e Conipanies Act 2006. and lo prepare accounls whicli accord with Ilie accountin8 records. ¢oniply willi tlie accounting requireinenls of section 396 of11)e Coinpanies Act 2006 and willi the rneihods aiid principle5 of the Sralenient of Recoinniended Pr&clice: Accounting Reporting by Charities have not been met. or (2} lo which, in my opinion, attention sllould be drawn in order lo enable a proper underslanding of Ibe accouiils lo be re&cl)ed. 11-12 Tlie Courtyard St. Mary's Chare Hexliani Notfliuinberland NE46 INH Shaun Nixon Cl Accountancy Ltd Date., Page 4
Henshaiv Nursery Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 31 July 2024 Unrestt'icted Total Funds Funds 2024 Total Funds 2023 Note Ineothing resoiirt Incon)ing resources fron) generated Thds Activities for geiieraling fijnds Total incoming resoiirc¢s 216,281 216,281 216.281 216,281 194,202 194,202 Re¥our¢e$ ¢xpeiid¢d Costs of g¢n¢ralinE funds Fundraising tradin8: C05t of goods sold and other costs aovernance costs Total resoiirc¢s expended 202.332 2.092 204,424 202.332 2,092 204.424 198,768 1,364 200,132 Nel jnoveinents in fiinds 11,857 11,857 (5,930) Reconclllatlon of fuiids Total funds biought foiivard Total funds carried forward 24,565 36.422 24,565 36.422 30,495 24.565 The notes on pages 7 to 10 forni an inlcgral part of thC financial slalemenls. Page 5
Henshaw Nursery {Registration number: 06970365) Balance Sheet as at 31 July 2024 2024 2023 Note Current as$¢ts Casli at bank and in hand 37,442 25,525 Credltors: Amount$ fllling due wltliln one year (1,020) (960) Net current assets 36,422 24,565 N¢1 assets 36,422 24,565 The funds of the ¢harlty: Unrestvleted funds Uni'estricled iiicoiiie fund8 36,422 24,565 Totil chAri¢y fund8 Foi. the fiiiai)ci&l year ended 31 July 2024, the charity w88 cnlilled io exen)ptioii from audit under section 477 of the Coiiipanies Act 2006 relaling to small coinpanics. 36,422 24,565 Tiie nieiiibers l)ave not required Ihc charity to obtain an audil of ils accounls for the year in question in accordance witli s¢¢lion 476. The dire¢lor5 acknowledge tlicir r¢spon3ibililies for ¢oniplying wilh (he requirenienls of the Act witli respect lo accounting i'e¢ords and 111¢ preparation of ac¢ounls. Tliese ac¢ounls liave been prepared iii a¢cord8nce wilh the provisions applicable to companies subject to tlie small coii)panics regime and witli the Financial Reporling Standard for Smaller Entities (effective April 2008 January 2015). Appyoiied by the Board on ....- . .. . . ..., and signed on its behalf by.. Arlene Bowes Trustee 14elen Louise Revels Truslec Paul Ru5hworth Trustee The notes on pages 7 10 l O fonn an inlegral part of Iliese financial slateinents. Pag¢ 6
Henshaiv Nursery Notes to the Financial Statements for the Year Ended 31 July 2024 Aeeounthig polleles Basls of preparatlon The fiiiancial stat¢meiils have been prepared under tlie bistorical cost convention aThd in accoithnc¢ willi the Slaleinent of Rccomincnded Pra¢li¢e 'A¢counling ai)d Reporting by Charities (SORP 2005),, issiied in March 2005, Ihe FilnCIal Reporting Siandard for Smaller Entities (effective January 2015) and tlie Companies Act 2006. Fund aecouiiting policy Um'eslricted income funds are general fullds that are available for use al the truslee8' discretion in furtlieranee of Ihe objectives of the cliarity. Restricted fiinds are those donated for iise in a particular area or for specific puJ])oses. the iise of wliich is restricted to that area or piirpose. Designated funds are unrestricted funds set aside al the dis¢relion ofihe truslees for specific pu08¢S. Further details of each 1)d arc disclosed iii iiote I l. Re8our¢es expended Liabilities are recognised as soon as iliere is 8 Icgal or c expenditure. All expendilure is accounted for on an acc Ilial aggi'egate all co3ls relaled 10 the ¢ale80ry. Costs of generating funds are the costs of Irading for draisiiig purposes. Cupilul grants are written off in line willi Ihe depreciation policy of Ille 911PPOrted gssel. nstructive obligation coinniitling the cliarily lo tlie als basis and has been classified ui)der lieadings Reveniie grants re¢orded in Ihe profil and loss account in the period that the suppoited expeiidihire 18 InCued. Goveyllanee costs Goveinance Costs include costs of tb¢ pr¢paraliott 8nd examination of the slatutory Accounts, the costs of Irustee rneelings and tlie cost of Y4ny legal advice lo InL81eeg on governance or constitutional niatters. Penslon5 The charity operales a defined conlribiition pension sc111)¢. Conlribulions are ¢l)arged in tlie slutement of financial activities as Ihey becoiiic payable in accordance witli the rules of the sGheDIe. Page 7
Henshaiv Nursery Notes to the Financial Statements for the Year Ended 31 July 2024 coiilijiiied Attivities foi. generating fiinds Unrestricted Tol*l Fullds Funds 2024 Total Fullds 2023 Chlldc4re & Education Fees and supplies Gi'ants r¢¢eivable 205,181 I 1,100 216.281 205,181 11,100 216,281 187.602 6,600 194,202 TotAI resoui'ces expended Chlldeart & Edueatlon Governance Total Dhi'ect eosts Cost of goods sold Eniployinent costs Eslablishtneiit costs Repaii's and In8intenance Accountancy fees 20,791 179,554 542 1,445 20,791 179,554 542 1,445 2,092 204,424 2.092 2,092 202,332 Trustees, i'emuneralion and expenses No trustees received any remuneralion during tlie year. Employees, i'emuneratlon The aggYegAte payroll costs of Ihese persons were as follows: 2024 2023 Wages and salaries Social securily Other pensioi) costs 161.335 6,129 11.728 179.192 150,154 3,371 11.598 165.123 Page 8
Hensha)Y Nursery Notes to the Financial Statements for the Year Ended 31 July 2024 coiiliiiiied Tax#tion The company 18 a registered charity and is, Iherefore, exempl from taxation. Credltors: Amounts falllng due within one year 2024 2023 Accruals and deferred incoine 1.020 960 Members, IIAblllty Tlie cliarily is a private company limited by guaronlee and consequently does not l)ave sliar¢ ¢apil81. Ea¢li of rlie meinbers is liable lo contribute an amount not exceeding £1 towards the assets of tlie charity in 11)e event of liquidalion, Penslon $¢henie Deflned contylbutlon penslon $¢hern¢ Tlie cl)ai'ity operdles a defined conlribulion pension sclietiie. The pension cost cllarge for 11)e period rcprcsciits conlribiilions payJble by the charity lo the scl)eine and ailiounled lo £11,728 (2023 - £11,598). Tl)ei'e were no out8lartding or prepaid contributions al eirfier Ilie beginiiing or end ofthe financial year. Page 9
Henshaiy Nursery Notes to the Financial Statements for the Year Ended 31 July 2024 oiiliiiiied 10 Related partles Conlrolllng entlty The cl)arity is cotslrolled by the trustee5 who are all directors of the conipany. I l Analysls of fuiids Al l August 2023 Ineomlng resources Resources expended Al 31 July 2024 Gentril Funds Unreslricled income fund 24,565 216.281 (204.424) 36,422 12 Net assets by fuiid Unrestrlcted Funds TotAI Funds 2024 Total Funds 2023 Current assels Creditors.. noun1S falling due within one year Nel assets 37,442 {1,020) 36,422 37,442 (1,020) 36.422 25,525 (960) 24,565 Page 10
Henshaw Nursery Statement of financial activities by fund Year Ended 31 July 2024 Unyesti'leted Unrestrlcled Income fund income fulld 2024 2023 Incomlng resource5 lllconiiiig Yesoiirces from gei)¢rat¢d fui)ds Activities for gen¢ralin8 funds Total incoiiiing rcsources 216,281 216,281 194.202 194,202 Resourtes expended Cosls of getieraling fiinds Fiindraising trading: cosl of 8oods sold and other costs Govem8n¢e cosls Total resoiirces expended 202.332 2,092 204.424 198,768 1,364 200,132 Net i)iov¢nienls in fvnds 11,857 (5,930) RecoDcillallon of (iinds Tolal fiinds br()ught fonvard Total funds Carried forward 24,565 36,422 30.495 24.565 This page does not forin part of tlie slatulory financial stateiiieiits. Pagcll