Charfty Number: 1142314 Company Numbèr: 06865918 BROOK GREEN NURSERY LIMITED A Company Llmited by Guarantee TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
BROOK GREEN NURSERY LIMITED LEGAL & ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 30 APRIL 2024 Truste8s Nicolas Le Mintier ice Neubert GLrya Monlemini Paul Lederer Cristina Nunziata Chlgf Exoeutlvg Nora Lafhaj Charlty numbgr 1142314 Company numbgr CÉ865918 Prln¢lpal address and reglstered offl¢e 49 Brook Groen London W67&J Ind•pèndent Examiners TC Group The Coutyard Shoreham R08d Upper Beèding steyning Wesl Sussex BN44 3TN Bankgr8 National Westminster Bank 14-18 King Streét Hamrnersmf(h London W6 9RG
BROOK GREEN NURSERY LIMITED CONTENTS FOR THE YEAR ENDED 30 APRIL 2024 Pago Trustees, report Independent Examiner8 reFfXt stalemenl of financial actiwties Balanco 8h8el Notes to the aCcnts 8-13
BROOK GREEN NURSERY LIMITED TRUSTEES REPORT FOR THE YEAR ENDED 30 APRIL 2024 The Trustees presenl thair Annual report. together wilh Ihg finarrial ststemerts for Brook Grpen Nursgry Limited for the year to 30 April 2024. The aGcount$ comply with the Chatities Act 2011. and Accounting and Reporting by Charitle8.' Statement Trf Recommended Practice applicable lo Charities preparing their accounts in accordan with the Financial Reporbng Standard opIcable in the UK and Republi¢ of Irèland IFRS 102) (effective 1 January 2015). STRUCTURE. GOVERNANCE & MANAGEMENT Roglstratlort andlegal$trueturo The Charity was incorporated on 27 March 2[9 as a Company Limited by guarantee and reglstered wlh Charity Comrnission on 8 June 2011 to takè over activities from the un-lnrp0raIed Charity (Charity registration number 10189821. The goveming documents are the Mewnorandum and Artidè$ of Association. It follows the Pre-s&1 Learning Alli8nce Pre-school Constitution guldeling8. The name was ¢hanged from Addison Pre-school Limited lo Brook Green Nursery on 18 May 2015. Trustée bgard The following individuals sèryed on the board of trustees during the period-. Alice Neubert (TrÈasurerl Cristina Nunziats Paola Cros8 di Vergagni Nicholas Lo Mintier Paul Lederer Guya MontÈrmini (Rosignèd 2nd October 2023) Appointm¢nt Trustees xre recruited and appointèd via personal contacts or reGommèndatlon Bnd may b¢ parènts of children atténding the Pre-sthool. Organisation structura and managwnent Being 8 small Charity, thère is no fomial org8nisalional structure bul tho Charlty has a Chairperson l¢urrenlly v8cantl. Treasurer, a Sè¢retary and Trustees. who all providè valuable input. The Head Teacherl Mana9er, slaff and some Parent volunteers also help rttn the Charity. Assoclatlons The Charity is member of Ihe Hammersmith & Fulham Pre-school Lèarning Allian. 11 is also p8rt of Ihe E8rty YeaTS Development Partnership. The Charity sits physically within the Broadway Childr'S Centre Rlsks ThÈ trustees have assessed the major risks to which the Charity is éxposed, and are Satysfi¢d that systems are in place to miligale exposure to major risks. To protect against financial risk. there is no cheque nor petty cash used. Only the Nursery MarT8ger holds a card lo acce$5 the account.. Parents are encouraged to pay fees by bank transfÉr - cash is voidèd. Foi child protection.. DBS enhanced disclosure with updating serviGe subscriptions are sought for all staff, vtslunleers & commiitee members,. there are policies in pla,. and 81aff are trained.
BROOK GREEN NURSERY LIMITED TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 M4nagwn•nt Organisationally, Brook Green Nursery Limited has updated poli¢ies and procedures are in line with the govemmenl'$ new fraMOrk on Earty Years Learning. The management $tnJ¢tuie allows go(xl chamels of communication between 8taff, the management committeo and parènts. OBJECTIVES & ACTIVITIES Aims The aims of Brook Greèn Nursery Limited are to.. il enhance the development and •ducatit)n of children by providlTrJ high quality care and opportunities to learn through play in a rich mulli-oJllural envirenment th81 encourages diversity- and ill work closely in parthership with parènts and c8rer5 to providé the opportunity for Ihern lo eontributÈ and enhance their childs developmenl. Objectives At Brook Gr8èn Nursary our objectiv88 are tD il provlde a ryJrriculum which promotes the importance of play. based on Ihe Earty Lgaming Gosls and takes into account the thild's individual dèvelopment needs, i.e. al pèrsonal, social and emotional developmgnt., bl physical developtnent., cl comrnunication dovelopment.. dl literacy development," e) mathematical developmÈnt', Q understanding ofthe knorfd,; gl expressNe arts and design. ii) To provide a mutti- ¢ultural ch1ld-ntred environment for the childran to dev&lop independence, explore and oxperiment with activities of their own choice and t¢ gain real experiencès through play. iiil To plan on a long, medium and Short term lo onsure the individual n*d8 and interests of the children are met. iv) To have a Keyworker system which ensurès that 'what th¢ child can do" will our starting point with each child,- this will be 3UPPOrtBd by and take account of our record and observe. system whith will be used tha planning profjess. vl Encourage the children to prtsgress through the foundation Stagè acGording to their different 4bilities using play plans developed in conjunction with parents. vi) Create a Patlnership with parents to support and enhance the developmènt of the childrgn and involve the parents ill the day t¢ day running of the nursery. hlain activthes The main actMtie8 CtinUe lo bo.. provision of high-quality childcare, educatif>n & focus activities. Furthèractlvitl•s In addition lo its day-Io•day routine which always includes focus 8¢tivilies for the childrnn, and a combinatif)n of indoor and outdoor play. the pre-school organised several activitiès off th8 premlses. The children especially enjoyed x visit to th8 local fire station and lo the Lyric theatrè. Wgekly dancè sessions ar¢ very popular and t8ke F4ace within the setting, led by practitioners from Shakers Kids, an extemal provider. Tha nursery had a parent volunteer supporting by leading wèekly gardening sessions with th8 childmn, teaching the children about hethY eating, growing and recycling. The nursèry f)ffers support forS.E.N (speThal educational need81 or E.A.L (English as an additional language) where necessary. The nursèry wnts'nues lo do 1-2-1 support. talking tables {small group activities lo build ¢onfidenc¢ and improve language) and '1 8m here, _ language through music sessions. supporting One apprentice from the local Hammersmith Wast London College was l¥Joèn on to gan experience and support whllst doing her Level 3 studies in ¢hildcare. ACHIEVEMENTS8 PERFORMANCE The Charity athieved its rnain aims of provision of hrgh-quality ¢hild¢are, Èducation. focus activities & play group faolthes. During sthool year 202>2024. the nursery did not run at full capaaty. This was remèdiated from September 2024. The e5119 waiting list is showing the populafity Df the Nursery. The charity did not genérate a surplus fmm activitie& during thè year as perthe Statement of Finanoal Activi&"es duè to the limited allendance mentionéd above but also due to tho posl Covid inftalionary environment (strong increase in wages and op8f8ting COSts}. During the financAal year 2023-2024, the results were ttthfetsely affectéd by a bonus
BROOK GREEN NURSERY LIMITED TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 P8ymenl to the staff in r8¢ogrNlion ullhéir strong involvement, as well as a speaal proi8¢t to rthrtjish the gardan of the nursery.. The nursery continues to be well Supported by 8 committee Financi?1 review Brook Green Nursery has throughout the financAal year ending 30 April 2024 held a positiv8 balanee sheet, thanks to the enotmous efforts of the staff. and a180 the management eommittee. Thè Nursery generated tot81 income for the year of £182,19012023'. £154,501) which translated to a deficit of £43,02712023.. £12,544). The nursery continues lo dosely monitor Costs with the aim of achieving breakeven by April 2025. RgseThespolley The charity looks to hold 8t least 3 month's operating co$ts Iwhich is approximately £56,0(X)) in freo reserve5 at all lim&s in order lo ensuro that oparations could ntinue should fijnding and fee Incomo be slopped. Free reserves are calculated as unrestricted funds les$ fixed assets. Al the year-end the charity held frep resgrvas of £6,375 12023.. £49,311), which is below the charity'$ policy of rgsetves to Support 3 months opw*ions. The trustees aro currently exploring ways to address this in tho 202<2025 finanaal year. Publle B•neflt In acctsrdance with our duties as stated in section 17(51 of thè 2011 Charitias Act, we havg considered the guidan provided by the Charity Comrnission in regard lo public benèfit. This publi¢ benefit has beon demonstrated by the 8¢tivilies undgrtaken since the in¢eplSon of th& charity ouuinod in the 'AeAivth'es' section above. Plans lor futur•perlods Brook Gre8n Nursery continue8 to maintain high standards in childeare and Èducation and will be looknng at implementing suggestions frotn the latest Ofsled inspection. The Nursery wa$ inspected by Ofstsd during September 2024 8nd received a rab.ng of 'Good'.
BROOK GREEN NURSERY LIMITED TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 STATEMENT OF TRUSTEES RESPONS181LifiES The trustees (who are also directOTS of Brook Groen Nursèry Mited for the purpose of company law) ara responsibl¢ for prÈparing the Trustees, Annu81 Report and the finanrial statoments in aGcordance with applicable law and United Kingdom Gengrally Acceptod A[UntIng Practice. Company18w quireS the trust8es t prepare financial statements for each finana81 y¢ar which give a twe and fair view of the 51atÈ of affairs of the charitable Company and of the incoming resources and spplication ol sources, including the incomg and expenditure, of the charitable company for that period. In Preparing these financial stslemènts. thè trustees a requir8d to.. select suilable ae£ounliro pollc4es and then apply them consislenlly,. observe thg method8 and principles in tho Charitles SORP". akè judgements and estimales that a rea80nablg and PTydent', and pr8parg the aceounls on tho going eoncorn bas}$ unle&s it is inapproprfate to prÈsume that the charity will coniinue in oporalion The trustees ar8 responsible for kèeping proper accounting records whlch disclose wrf(h reasonable accuracy at any lime the financial position of the charitable company and which enable them lo onsure that the finanaal statèments comply with thè Compani¢s Act 2006. They are also responsible for safeguarding the assets of tho charitable company an(J hence for taking re8sonablg Stèps for the provention and detection of fraud and other irr8gul4rities. 8mall company provlslons This report has been prepared in accordance with the speci81 prowsions for svnall companies under Part 15 of th¢ Companies Act 2006, Signed on beh81f of the board of trustees.. A Neubert- Trustse Trea¥urèr 17th January 2025
BROOK GREEN NURSERY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF BROOK GREEN NURSERY LIMITED I remto the charity tmstees on my examination ofthe accounts ofthe u)mpany forlhe year ended (datel whith ar8 set out on pages e to 13. Responslbl1ltl and l)asis of report As the charity INstees of the company land also hs dlrgclors for tho purposes of company lawl you are r¢$p¢nsible forthg prgparalion of the accoun15 in accordance with the re4UITements of the Companies Act 2Q06 I'lhe 2006 A¢t'i. Hawng satisfied Myself that the accounts of the Company are not reqthred to be audrted under Part 16 of the 2006 Aci and are eligible for indepÈnder)t exatninalion, I reFX)rt in Spect of my examination of your Company's 8ccounts as fArried out under se¢lion 145 01 the Charities Act 2011 l'lhè 2011 A¢V). In carrying out my axamination I havè frjllowèd thé DirÈction$ given by the Charity Commission undÈr sèction 14515llb) of the 2011 Ad. Indopendent examlnerfs ststrment I have completed nty examinaliorh. I confirm that no mattors ha come to my 8ttenb(m in cwnection wth the examination giving me cause tr) believe that in any material respect.. accounting records were not kepl in resp¢¢t of the company as qUired by seclion 386 of the 2006 Act., or 2. the accounts do net accord with these re¢ords', or 3. Ihe axounts r1 cornply with the accounting requirernenls of seolion 396 of the 2rA6 Act other Ihan any requirement that the accounts gNe a 'tsue and fair vi whKh is not a matter consvjered as part of an independent examination,. or 4. the accounts have not been prepared in accordance wiéh the methods and princAples of the Statement of Recomrnended Practi for accounting and reporting by charities lapplicable lo tharities preparing their accounts in accordan¢e Trmlh tho Financial Reportlng Stsndard applicable in the UK and R¢publi¢ of Ireland {FRS 102}1. I hav• no conc8ms and havè rne 8cross no other rnatters in connÈcon witrt thè Èxaminattttn to which attention should be drawn in thi5 report in order lo enable a proper understanding of the arwunts to bo reached. Mr Mark Cummin¥ FCCA for and on bèhalf of TC Group The Gourtyard Shofeham Road Upper Beeding Steyning West Sussex BN44 3TN
BROOK GREEN NURSERY LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME ANO EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2024 Total 2024 Total 2023 Note$ Income from: Donations Charitabl& activities 290 181.900 486 154,015 T¢)tal Incom• 182.190 154,501 Expendlture on.. Charitable actThiitiés 225.217 167,045 Totsl expendlture 225.217 167.045 Net Incomollèxnd1tsjre1 143,0271 {12,5441 Reconclliation of funds Total funds brought loward al 1 May 2023 49,402 61,946 Total fundg e•rrigd forward at 30 April 2024 6,375 49.402 There are no COgnISed gains or losse$ other than those reporte(l on the Statement of Finanual A1VitIeS. All activities are classed as continuing. MI activities and funds in th8 current and prior yearwpre unrestricted.
BROOK GREEN NURSERY LIMITED BALANCE SHEET AS A T30 APRIL 2024 2024 2023 Notes FIX a98Èts Tangible assets io 10 91 Current assets Dèbtor8 Cash 01 bank and in hand 11 217 75,943 504 108,311 76,160 106,815 Creditor¥: amounts falllng due within one year 12 169,7951 {57,5a41 Net current assots 8.385 49,311 Total a8set8 1988 current liabllltles 6.37S 49,402 Netassets 6.375 49.402 The fund$ ofthe charity Un¥estricted funds 6.375 49.402 Total funds 6,375 49.402 Thèsè financial statements have been prep8red in accordan with tha spscial provisions of Fart 15 of the Companies Act relth.ng ID small compani8s and constitute the annual aGcounts reqLtired by thé C(Knpanies Ac¢ 2016 and are for arculation to members ol the eornpany. For the financial yeaT in question lh8 eAimpany was entitled to exemption under Section 477 of the Companles Ac12006 relating to $rnall companles. No members have required the company to obtain an audit of its accounts for the year in question in accordan with secion 476 of the Companies Ad 2006, The directors acknowledge their i¢spollsibility for complying with the requiréments of the Act with respert lo accounting records and for the preparation of the accounts. Thè$e accounts have been prepBr8d in a¢LordarKe with the provlslons apPlble to companie¥ 8uLyecl to the Small ¢tsmpanies' regime. Thè accounts were approved by the Board on ....................... A Neubert- Trustee Tr&asurèr Company number 06865918
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024 Legal Status Brook Green Nursery Limited is 8 charitable company, limited by guarantee, registèred in England and Wales. The charitable company's registered number and registered office 8tldres$ can be found on the legal and administration page. Ac¢ounttng pollci•s Basis of proparatlon The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statèment of Recommended Practice applicable lo charities preparing their ac¢ounts In accordance with the Financial Reporting Standard applicablÈ in the UK and Republi¢ of Ir618nd (FRS 102) leffective 1 January 2019)- {Charities SORP IFRS 10211, the Financi Reporting Standard applicable in the UKand Republic of Ireland IFRS 1021 and the Charthe8 Act 2011. Brook Green Nursery Limited meèts tho definition of 8 public benefit entity under FRS 102. AssÈts and liabilities are initially recogni8ed at historical cost ortransaction value unless othèrwise stated in the relevant am)unting policy notelsl. There are no malorial untsrtalnlies about Brook Green Nursery Limited's ability to continue as a going concem_ The financial statemon18 are prepared in steding, whith is Ihg functional euffency of the charity. Monetary amounts in these financlal statements are rounded to thg nearest pound. Cash Flow Ststement In accordan¢e with Sedon 7 of FRS 102 the charity is daiming exemption from the requ0Ment lo prepare a cash flow $ts18ment gn account of its size. Incomè All incoming resources ar6 includ¢d in the slatament of financial a¢tlvities vthen the charity is entitlgd lo the income and the amount can be quantified wtth reasonablè accuracy. The following specific policies are applied to particAlar ¢ategories of income= Nursery fee income is rècognl8ed when roceivablo. Voluntary incornè is r¢ceived by way of grants. donations and grfts and is i1uded in full in the statÈment of financial activrties when receivable. Grants where entitlement is not wnditional on the delivgry of a speofic performance by th? charity, are recognised when thè charrty b8eomes uncondition8lly entitled to the grant Expendlture Expenditurè is reo)gnised on an accruals basis as 8 liability is incurred. Expenditu includes any VAT which cannot be fulty rÈcovgrecJ and is roported as part of the exp6ndilur¢ lo which il rÉlates. Costs of iaising funds comprise th6 o)sts 88SOCl&ted with attrtIng voluntary income and th¢ ¢xsts of trading frjr fvndraising purposes. Charitable expenditure comprises those costs incurred by th8 charity in thÉ delivery of ils actNilies and services for its beneficiaries. 11 includes both costs that can be allocated dire¢Xly to Such 8eliYities and those osts of an rndi¥e¢l nature necessary to support them. Supwrt costs are tho¥e costs incurred directly Sn support of expenditure on the object$ of thè eharily.
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Accounting Policlo {cantlnuvdl 2.5 Tangibl• fix assets and deprè¢lation Tangible fixad assets are capilalised al cA)$t and depreciated over their esumated useftjl economic lrfe on a reducing balance basis as follows.. Assot ¢at•g0ry Fixtures, Fitbngs & Equipment Annualrate 25% strai9ht line Fund Ac¢ountlng Unrestricted general funds- these are funds whh can be used in accordance with the charitablè objects al th8 discretion oftho truste08 and which have not been designated forother wrposes. 2.7 Taxation As a charity, Brook Green Nursery Limlled is exempt from lax on income and gains to the extent that the88 ara applied to its charitable objacts. 2.8 Dobtors Debtors are recognised at the séttlement amount duè Ca¥h at bank and In hand Cash at bank and in harKI irlUdeS cash and short te highly liquid investments. Thg Trustees seèk to usfj short lemi dep05ils where possible lo maximise the rÈlum on rnonios hold at the bank and lo manage cash ftow. 2.10 Credltorn and provi3lons Creditors and provisions are recognisèd where the chaiity has a present obligation resulting from 8 past evènl that will probably result in the transfer of funds to a third party and the amount due to settje the obl3ation can be mgasured or estimated r81iably. 2.11 CrltirAI accoUnn9 estlmat05 and judgements In Ihe applicabon of the charity's accounting poliaes, the trustees are required lo make jLJdgements, gslimales and assumptions aboLrt the carrying amount of assets and liabilities that are WKJt readily apparent from other sources. The estimates And assoa8ted assumptions arè based on historpcal experiene and other factors that are considered to be relpvant. Actual resuhs may differfrom thÈs8 estimates. The e8tim8tes 4nd underly•ig assumptittns are reviewed on an ongoing basis. R8vt8ions to a¢zounting oslimale5 arÈ recognised in the period in which the estimate Is revised. The trusteos do not consi(br that therg are any crlllcal estimates or ar8 of judg¥ment that n8Èd to L brought to tho attention ofthe readers of the financ1 statements.
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Incorne from Gharltable actlvitlo$ Total 2024 Totsl 2023 Grants re¢ewable from LBH- fees 109.854 72,IM6 71,517 82.498 181,900 154,015 Expgnditur• staff ¢ts Depreclatrolr other Total Tol costs 2024 2023 Charitable activitlo¥- nursery School Direct charitable activity Support Costs Inote 5) 181,251 93 37,032 6.841 218,376 6,841 161,618 5.427 Total resourcès expgndad 181,251 93 43,873 225.217 167,045 Support Costs 2024 2023 BookkeeExng and payroll Communication and IT Govemance $tS {nole 61 1,280 915 4,646 1,096 758 3,573 8.841 5,427 Govèmance C4)sts 2024 2023 Indepèndent examination PSLA momb8r8hip and other govèrnance 2,400 2.246 1.330 2,243 3.573 io-
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Stsff Cts 2024 2023 Wages & saaries National insurancE Pension 188,662 9.571 3,018 126,879 5,366 2,359 181.251 134.604 The charity erTTployed a monthly average 017 staff full time during the year12023.. 7 Staff, with some of them working part lime or being recruited thrgughoul dumg th8 ytrar}. Key rnanagemanl personnel of the charity consist oflhe Nursery Manager. During the year. benefits paid lo key rnanagemènt personn81 totalled £55,27412023'. £52.122}. Nn 8fAff in thg riJYr4nt rthr nrinr vÉ¥Ar wftrg r)2i(J ¢)vpr f fsa.nnn. Comparatlve fund8- Ststemgnt of Financlal Activltle$ for year erKlèd 30 April 2023 Notes Total 2023 Incom? from: Donations Charitable actmlies 486 154.015 Totsl In¢ome 154,501 Expenditurè on: Charitsble acivilies 167.045 Tolal •xpendlture.' 167.045 Net incomellexpendlturel and Movemgnt in fund8 112.5441 Reconclliatlon of funds Total funds brought fon¥ard 61,946 T<>tal lunds carri•d fopmard 49,402 All funds rn 2023 were unrestricted. li-
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Tru8t• Th• charity is under the control of the Trustees. Nono Df ihe trusteès Inor any persons connected with them) received any rernuneration during the year12023.. £Nill. Nong of the Iruslees reGetved any expenditure reimbursemgnts during the year (2023.. none). 10 Tanglblè fixed assèts Total FIthTes. Flttlngs & Equlprnen( At 1 May 2023 Addil'ons 13,848 12 At 30 Aprfl 2024 13,860 Depr•¢iation At 1 May 2023 Charge for Ihe year 13,757 93 At 30 April 2024 13,850 Net book valuo At 30 April 2024 10 At 30 April 21Y23 91 11 O•btsrs 2024 2023 Prepayments 217 217 504 12 Cre(fitors.' amounts falllng due wlthin one yvar 2024 2023 Other credittsrs Accruals and defeed income 8.4S5 81,340 5,837 51.667 69.795 57.504 12-
BROOK GREEN NURSERY LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 13 Uhlmato controlllng party The charity was under the control of the Trustees during the period under review. -13-