**REGISTERED CHARITY NUMBER: 1142064** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 May 2025** ## **for** ## **MAAHAD NEIGHBOURHOOD NURSERY** SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU **MAAHAD NEIGHBOURHOOD NURSERY** **Contents of the Financial Statements FOR THE YEAR ENDED 31 MAY 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Statement of Financial Activities**||2|| |**Balance Sheet**||3|| |**Notes to the Financial Statements**|4|to|8| |**Detailed Statement of Financial Activities**||9|| ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Report of the Trustees FOR THE YEAR ENDED 31 MAY 2025** The trustees present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1142064 ## **Principal address** 53 Fishwick Parade Preston Lancashire PR1 4XR ## **Trustees** S Y Umar Z Desai E Desai Approved by order of the board of trustees on 17 February 2026 and signed on its behalf by: S Y Umar - Trustee Page 1 ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Statement of Financial Activities FOR THE YEAR ENDED 31 MAY 2025** |2025
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
65,001
**Charitable activities**
Provision of Services
135,658
**Total**
200,659
**EXPENDITURE ON**
**Charitable activities**
Provision of Services
61,961
Management and Administration
19,933
**Total**
81,894
**NET INCOME**
118,765
**RECONCILIATION OF FUNDS**
Total funds brought forward
21,987
**TOTAL FUNDS CARRIED FORWARD**
140,752|2024
Total
funds
£
1
80,508| |---|---| ||80,509| ||63,523
11,169| ||74,692| ||5,817
16,170| ||21,987| The notes form part of these financial statements Page 2 ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Balance Sheet 31 MAY 2025** |2025
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
5
103
**CURRENT ASSETS**
Debtors
6
1,466
Cash at bank and in hand
167,420
168,886
**CREDITORS**
Amounts falling due within one year
7
(28,237)
**NET CURRENT ASSETS**
140,649
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
140,752
**NET ASSETS**
140,752
**FUNDS**
8
Unrestricted funds
140,752
**TOTAL FUNDS**
140,752|2024
Total
funds
£
153
1,278
104,646
105,924
(84,090)
21,834
21,987
21,987
21,987
21,987| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 17 February 2026 and were signed on its behalf by: S Y Umar - Trustee The notes form part of these financial statements Page 3 **MAAHAD NEIGHBOURHOOD NURSERY** **Notes to the Financial Statements FOR THE YEAR ENDED 31 MAY 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer Equipment - 33% reducing balance ## **Taxation** 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. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. continued... Page 4 ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025** ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024. ## **3. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **4.** |Average Number of Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Provision of Services
**Total**
**EXPENDITURE ON**
**Charitable activities**
Provision of Services
Management and Administration
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|2025
2024
7
-
Unrestricted
fund
£
1
80,508
80,509
63,523
11,169
74,692
5,817
16,170
21,987|2025
2024
7
-
Unrestricted
fund
£
1
80,508
80,509
63,523
11,169
74,692
5,817
16,170
21,987| |---|---|---| |||80,509| |||63,523
11,169| |||74,692| |||5,817
16,170| |||21,987| Page 5 continued... ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025** |**5.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 June 2024 and 31 May 2025
**DEPRECIATION**
At 1 June 2024
Charge for year
At 31 May 2025
**NET BOOK VALUE**
At 31 May 2025
At 31 May 2024
**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 1/6/24
£
**Unrestricted funds**
General fund
21,987
**TOTAL FUNDS**
21,987|2025
£
1,466
2025
£
1
77
28,159
28,237
Net
movement
in funds
£
118,765
118,765|Computer
equipment
£
1,696
1,543
50
1,593
103
153
2024
£
1,278
2024
£
214
32
83,844
84,090
At
31/5/25
£
140,752
140,752| |---|---|---| Page 6 continued... ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025** ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
200,659
200,659
At 1/6/23
£
16,170
16,170|Resources
Movement
expended
in funds
£
£
(81,894)
118,765
(81,894)
118,765
Net
movement
At
in funds
31/5/24
£
£
5,817
21,987
5,817
21,987|Resources
Movement
expended
in funds
£
£
(81,894)
118,765
(81,894)
118,765
Net
movement
At
in funds
31/5/24
£
£
5,817
21,987
5,817
21,987|Resources
Movement
expended
in funds
£
£
(81,894)
118,765
(81,894)
118,765
Net
movement
At
in funds
31/5/24
£
£
5,817
21,987
5,817
21,987| |---|---|---|---|---| ||||118,765|| ||||At
31/5/24
£
21,987
21,987|| |||||21,987| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|80,509|(74,692)|5,817| |**TOTAL FUNDS**|80,509|(74,692)|5,817| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1/6/23
£
16,170
16,170|Net
movement
in funds
£
124,582
124,582|At
31/5/25
£
140,752| |---|---|---|---| ||||140,752| continued... Page 7 ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025** ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
281,168
281,168|Resources
Movement
expended
in funds
£
£
(156,586)
124,582
(156,586)
124,582| |---|---|---| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 May 2025. Page 8 ## **MAAHAD NEIGHBOURHOOD NURSERY** ## **Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MAY 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
**Charitable activities**
Student Fees
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Purchases
Computer equipment
**Support costs**
**Management**
Rent
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Repairs and Maintenance
Donations
Training
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|2025
£
1
65,000
65,001
135,658
200,659
59,088
1,620
51
60,759
10,000
1,502
338
2,575
1,214
806
341
340
1,250
861
19,227
1,908
81,894
118,765|2024
£
1
-| |---|---|---| |||1
80,508| |||80,509
50,675
1,733
76| |||52,484
10,000
867
978
3,092
1,132
143
401
1,261
1,500
818| |||20,192
2,016| |||74,692| |||5,817| This page does not form part of the statutory financial statements Page 9