2024-07-31-accounts - Brownberrie Lane Childcare & Education Ltd

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Brownberrie Lane Childcare & Education Ltd

Charity number 1140348

A company limited by guarantee number 07211283

Annual Report and Financial Statements

for the year ended 31 July 2024

Brownberrie Lane Childcare & Education Ltd

Annual Report and Financial Statements

for the year ended 31 July 2024

Contents	Page
Trustees' report	2 to 4
Examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8 to 11

Prepared by West Yorkshire Community Accountancy Service CIO

Brownberrie Lane Childcare & Education Ltd

Trustees' report for the year ended 31 July 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Name Position Dates Katie Hall Secretary Emily Meikle Vera Filipova Chair Gaynor Reid Mike Wood Treasurer Anne Marie Flaherty Michelle Connors former Chair James Robinson former Chair Steven Bromley Dr. Julia Hackett Rachael Batin Esther John former Treasurer Aphrael Spindloe former Secretary Charity number 1140348 Company number 07211283 Registered and principal address Bankers Brownberrie Lane HSBC Bank plc Horsforth 88 Town Street Leeds Horsforth LS18 5SD Leeds LS18 4AR

Appointed 27 March 2024 Appointed 27 March 2024 Appointed 4 December 2024 Appointed 4 December 2024 Appointed 24 March 2025 Appointed 24 March 2025 Appointed 5 March 2024 Resigned 4 September 2024 Resigned 1 March 2024 Resigned 21 March 2024 Resigned 19 February 2024 Resigned 12 February 2024 Appointed 5 March 2024 Resigned 12 June 2024 Appointed 5 March 2024 Resigned 13 September 2024

Registered in England and Wales Registered in England and Wales

Independent examiner

Alan Dodd FCCA West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 1 April 2010 as Brownberrie Lane PreSchool Limited. On 27 July 2023, the name was changed to Brownberrie Lane Childcare & Education Ltd, as a result of a special resolution passed on 4 April 2023. It is governed by a memorandum and articles of association, as amended on 11 April 2023 for the change of name. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Brownberrie Lane Childcare & Education Ltd

Trustees' report (continued) for the year ended 31 July 2024

Objectives and activities

The charity's objects

To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.

To offer appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability.

To encourage the study of the needs of such children and their families and promote public interest in and recognition of such needs.

To instigate and adhere to and further the aims and objects of the Pre-School Learning Alliance.

The charity's main activities

Provision of pre-school, term time only, early years education for children aged two to five years old.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education.

Achievements and performance

The charity continues to provide an excellent standard of childcare inline with their ‘Outstanding’ Ofsted rating (2022). The feedback from parents and carers attending seasonal stay and play sessions is fantastic, with great recognition for the creativity and engaging nature of learning taking place in setting.

In addition to seasonal stay and play sessions parents and carers were invited to take part in the annual Brownberrie Lane pumpkin patch hunt to celebrate Halloween. At Christmas setting was transformed into a magical Peppa-pig inspired wonderland. Parents and career were invited into setting to see and explore the incredible transformation alongside their children. Families also enjoyed attending ‘A Wriggly Nativity’, a wonderful performance at a local church with joyous singing and dancing from all the children.

Throughout the year staff are continually redecorating setting to reflect the changing seasons and exciting new work the children are producing. Staff plan fun and engaging activities throughout the calendar; including candle making and Indian food for Diwali and making Christingle oranges

Due to the relocation of a local childcare provider, Brownberrie Lane Childcare and Education welcomed an influx of new ‘Littlies’ (children aged 12-18 months) and a range of new equipment was purchased to support this.

New electronic shutters have ben installed to the external facade of the building, providing added security and ease of use for the staff team.

We experienced some flooding to the outdoor play area and trustees are looking into a drainage strategy for the premises, with the view to commissioning works to prevent future flooding/water damage.

Financial review

The net income for the year was £12,241, wholly on unrestricted funds .

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £174,132.

We operate a reserves policy to cover wages and other running costs for between 3 and 6 months should our income drastically decrease. At 31 July 2024 our free reserves were equivalent to just under 8 months of operating costs,

Brownberrie Lane Childcare & Education Ltd

Trustees' report (continued) for the year ended 31 July 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. 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.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 30/4/2025

Gaynor Reid (Trustee)

Brownberrie Lane Childcare & Education Ltd

Independent examiner's report to the trustees of Brownberrie Lane Childcare & Education Ltd

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 July 2024, which are set out on pages 6 to 11.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACCA 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 company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 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 examination; or
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Alan Dodd FCCA

1/5/25

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Brownberrie Lane Childcare & Education Ltd

Statement of Financial Activities

(including summary income and expenditure account)

for the year ended 31 July 2024

Notes Income from: Grants and donations (2) Sales and fees Bank interest Other income Total income Expenditure on: Salaries, pensions and NIC (3) Payroll charges Recruitment costs Training Uniforms and clothing Rent and rates Utilities Cleaning and refuse Repairs and renewals Internet and telephone Crafts and materials Furniture and equipment Printing, postage and stationery Insurance Membership and registration fees Food and supplies Independent examination DBS checks Bank charges and interest Party and gifts Activities and events Professional fees IT, computer and software subscriptions TV licence Advertising, promotion and marketing Depreciation Other expenses Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward	2024 Total funds £ 190,855 71,678 1,356 1,492 265,381 176,199 1,795 769 590 546 8,048 6,701 2,429 10,761 1,341 8,968 2,535 711 1,970 1,425 13,834 1,254 91 132 476 1,673 303 999 164 1,540 7,817 69 253,140 12,241 175,068 187,309	2023 Total funds £ 174,388 104,596 574 1,577
		281,135
		163,570 2,303 1,610 370 24 5,743 8,267 2,736 7,768 1,451 9,313 725 334 1,108 1,149 13,218 1,254 228 160 253 329 70 209 159 1,060 7,518 52
		230,981
		50,154 124,914
		175,068

All incoming resources and resources expended derive from continuing activities.

Brownberrie Lane Childcare & Education Ltd

Balance sheet

as at 31 July 2024 Fixed assets Tangible assets (4) Total fixed assets Current assets Debtors and prepayments (5) Cash at bank and in hand Total current assets Current liabilities: amounts falling due within one year Creditors and accruals (6) Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Restricted funds Total funds	2024 Total £ 13,177 13,177 5,857 174,750 180,607 6,475 6,475 174,132 187,309 187,309 - 187,309	2023 Total £ 19,499
		19,499
		4,014 156,786
		160,800
		5,231
		5,231

		155,569

		175,068
		175,068 -
		175,068

For the year ending 31 July 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) 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 FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 30/4/2025

Gaynor Reid (Trustee)

Brownberrie Lane Childcare & Education Ltd

Notes to the accounts

for the year ended 31 July 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Furniture, fixtures and fittings: over 5 years Website: over 3 years

Brownberrie Lane Childcare & Education Ltd

Notes to the accounts

for the year ended 31 July 2024

1 Accounting policies continued

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Brownberrie Lane Childcare & Education Ltd

Notes to the accounts continued

for the year ended 31 July 2024

2 3 4	Grants and donations 2024 2023 Total Total funds funds £ £ Leeds City Council nursery education funding 190,307 173,875 Other donations 548 513 190,855 174,388 Staff costs and numbers 2024 2023 £ £ Gross salaries 166,354 153,458 Social security costs 12,492 11,652 Employment allowance (5,714) (4,480) Pensions 3,067 2,940 176,199 163,570 Defined contribution pension scheme 2024 2023 £ £ Costs of the scheme to the charity for the year 3,067 2,940 Tangible assets Total Cost £ £ £ At 1 August 2023 10,488 20,109 30,597 Additions - 1,495 1,495 At 31 July 2024 10,488 21,604 32,092 Depreciation At 1 August 2023 3,496 7,602 11,098 Charge for year 3,496 4,321 7,817 At 31 July 2024 6,992 11,923 18,915 Net book value At 31 July 2024 3,496 9,681 13,177 At 31 July 2023 6,992 12,507 19,499 Website Furniture, fixtures and fittings The average number of employees during the year was 9.2, being an average of 6.3 full time equivalent (2023: 9.5, 6.9 FTE). There were no employees with emoluments above £60,000.	2023 Total funds £ 173,875 513
		174,388
		2023 £ 153,458 11,652 (4,480) 2,940
		163,570
		32,092
		11,098 7,817
		18,915

		13,177

		19,499

Brownberrie Lane Childcare & Education Ltd

Notes to the accounts continued

for the year ended 31 July 2024

5 Debtors and prepayments Prepayments 6 Creditors and accruals Creditors Accruals Taxation and social security Other creditors	2024 £ 5,857 5,857 2024 £ - 1,254 4,196 1,025 6,475	2023 £ 4,014
		4,014
		2023 £ 149 1,254 2,881 947
		5,231

7 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £49,757 (previous year: £44,944).