2025-08-31-accounts - The Enchanted Wood Day Nursery Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED COMPANY NUMBER: 07312557 (England and Wales) REGISTERED CHARITY NUMBER: 1143491

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Enchanted Wood Day Nursery Ltd

Contents of the Financial Statements for the Year Ended 31 August 2025

		Page
Report of the Trustees	1	to	2
Independent Examiner's Report		3
Statement of Financial Activities		4
Balance Sheet		5
Cash Flow Statement		6
Notes to the Cash Flow Statement		7
Notes to the Financial Statements	8	to	15
Detailed Statement of Financial Activities	16	to	17

Enchanted Wood Day Nursery Ltd

Report of the Trustees for the Year Ended 31 August 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Enchanted Wood Day Nursery Limited aims to provide a safe, healthy and nurturing environment for children aged 0-4 years in the local community by the operation of an innovative daycare nursery with a specialism of natural environments and equipment.

Significant activities

The Enchanted Wood Day Nursery offers early years educational opportunities for local children from 7,30am to 6pm all year round 51 weeks a year.

The nursery also provides training opportunities for aspiring child care professionals to undertake apprentice qualifications during employment at the nursery.

Public benefit

The Trustees have paid due consideration to the guidance from the Charity Commission and confirm they are satisfied the charity provides satisfactory benefit to the public.

FINANCIAL REVIEW

Reserves policy

The charity aims to hold cash reserves equal to three months of operating expenditure. The charity is working towards this policy.

Going concern

The Trustees have considered going concern of the charity and despite a challenging periods of cashflow in the past, the charity has moved to a period of stability once more.

Good cashflow management and a spending review has meant the Trustees consider the charity continues to be a going concern.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

New trustees are sought from recommended professionals with relevant skills in finance and childcare whilst ensuring no personal links to existing staff or beneficiaries.

Organisational structure

The trustees delegate the day to day running of the nursery to qualified childcare professionals.

Nursery Manager - Miss E Parsons

Deputy Manager - Ms J Jones

Deputy Manager - Ms K Batchelor

Outsourced professionals are used in specialist areas of Bookkeeping and Human Resources.

Induction and training of new trustees

New trustees obtain induction and training from prepared manuals with provide guidance and education in respect of trustees responsibilities. A copy of the financial control system manual is also provided as part of the induction.

Page 1

Enchanted Wood Day Nursery Ltd

Report of the Trustees for the Year Ended 31 August 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties

A register of related parties is maintained by the trustees and adequate safeguards taken during meetings and decision making situations to avoid conflict of interest.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

As a part of wider risk management all financial and operational controls have been fully reviewed after the year end to consider improvements needed.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07312557 (England and Wales)

Registered Charity number

1143491

Registered office

The Enchanted Wood Day Nursery Daws Heath Road Benfleet Essex SS7 2TD

Trustees

E Parsons (resigned 12.9.2024) C Riley (resigned 12.9.2024) D McKeown (resigned 12.9.2024) Ms A Sarkar (appointed 12.9.2024) G Ellis (appointed 12.9.2024)

Independent Examiner

Butlers Chartered Accountants 1434 London Road Leigh on Sea Essex SS9 2UL

Approved by order of the board of trustees on 25 February 2026 and signed on its behalf by:

Ms A Sarkar - Trustee

Page 2

Independent Examiner's Report to the Trustees of Enchanted Wood Day Nursery Ltd

Independent examiner's report to the trustees of Enchanted Wood Day Nursery Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity's trustees of the 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 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 2011 ('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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Hayley Meagher FCA The Institute of Chartered Accountants in England and Wales

Butlers Chartered Accountants 1434 London Road Leigh on Sea Essex SS9 2UL

25 February 2026

Page 3

Enchanted Wood Day Nursery Ltd

Statement of Financial Activities for the Year Ended 31 August 2025

31.8.25
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
-
Charitable activities
5
Nursery and preschool
953,411
Other trading activities
3
3,949
Investment income
4
5,626
Total
962,986
EXPENDITURE ON
Charitable activities
6
Nursery and preschool
864,297
Other
-
Total
864,297
NET INCOME
98,689
RECONCILIATION OF FUNDS
Total funds brought forward
(16,780)
TOTAL FUNDS CARRIED FORWARD
81,909

31.8.24
Total
funds
£
2
739,017
1,841
57
740,917
735,208
(6,182)
729,026
11,891
(27,050)
(15,159)

The notes form part of these financial statements

Page 4

Enchanted Wood Day Nursery Ltd

Balance Sheet 31 August 2025

31.8.25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 13 52,590 CURRENT ASSETS Debtors 14 31,988 Cash at bank 87,034 119,022 CREDITORS Amounts falling due within one year 15 (89,703) NET CURRENT ASSETS/(LIABILITIES) 29,319 TOTAL ASSETS LESS CURRENT LIABILITIES 81,909 NET ASSETS/(LIABILITIES) 81,909 FUNDS 18 Unrestricted funds 81,909 TOTAL FUNDS 81,909	31.8.24 Total funds £ 23,972 28,214 10,746 38,960 (78,091) (39,131) (15,159) (15,159) (15,159) (15,159)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 25 February 2026 and were signed on its behalf by:

G Ellis - Trustee

The notes form part of these financial statements

Page 5

Enchanted Wood Day Nursery Ltd

Cash Flow Statement for the Year Ended 31 August 2025

		31.8.25	31.8.24
	Notes	£	£
Cash flows from operating activities
Cash generated from operations	1	91,316	33,057
Interest paid		-	(469)
Interest element of hire purchase payments
paid		(2,031)	-
Net cash provided by operating activities		89,285	32,588
Cash flows from investing activities
Purchase of tangible fixed assets		(37,733)	(22,951)
Interest received		222	59
Net cash used in investing activities		(37,511)	(22,892)
Cash flows from financing activities
Capital repayments in year		24,514	-
Net cash provided by financing activities		24,514	-

Change in cash and cash equivalents in
the reporting period		76,288	9,696
Cash and cash equivalents at the
beginning of the reporting period		10,746	1,050
Cash and cash equivalents at the end of
the reporting period		87,034	10,746

The notes form part of these financial statements

Page 6

Enchanted Wood Day Nursery Ltd

Notes to the Cash Flow Statement for the Year Ended 31 August 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Interest paid Interest element of hire purchase and finance lease rental payments Rounding Increase in debtors (Decrease)/increase in creditors Net cash provided by operations	31.8.25 £ 98,689 9,476 (222) - 2,031 - (17,238) (1,420) 91,316	31.8.24 £ 11,891 6,030 (59) 469 - 2 (368) 15,092 33,057

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.24 Cash flow At £ £ Net cash Cash at bank 10,746 76,288 10,746 76,288 Debt Finance leases - (24,514) - (24,514) Total 10,746 51,774	31.8.25 £ 87,034 87,034 (24,514) (24,514) 62,520

The notes form part of these financial statements

Page 7

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis. This assumes that the charity will continue in existence for the foreseeable future.

The Trustees believe that it is appropriate for the financial statements to be prepared on the going concern basis

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 20% on cost Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on cost

Taxation

The charity is exempt from corporation 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

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 8

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES Donations 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Other income Interest receivable - trading 5. INCOME FROM CHARITABLE ACTIVITIES Activity Nursery fees Nursery and preschool Nursery fees - Government Nursery and preschool Registration fees Nursery and preschool 6. CHARITABLE ACTIVITIES COSTS Direct Costs £ Nursery and preschool 858,289	31.8.25 £ - 31.8.25 £ 3,949 31.8.25 £ 5,404 222 5,626 31.8.25 £ 506,738 444,063 2,610 953,411 Support costs (see note 7) £ 6,008	31.8.24 £ 2 31.8.24 £ 1,841 31.8.24 £ (2) 59 57 31.8.24 £ 513,895 223,347 1,775 739,017 Totals £ 864,297

continued...

Page 9

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

7. SUPPORT COSTS

SUPPORT COSTS
		Governance
	Finance	costs	Totals
	£	£	£
Nursery and preschool	3,396	2,612	6,008
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
		31.8.25	31.8.24
		£	£
The auditing of accounts of any associate of the charity		2,612	2,612
Depreciation - owned assets		6,716	6,032
Depreciation - assets on hire purchase contracts and finance leases		2,760	-
Other operating leases		30,974	30,650

8. NET INCOME/(EXPENDITURE)

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

10. STAFF COSTS

Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Nursery professionals	31.8.25 £ 562,821 43,739 11,534 618,094 31.8.25 27	31.8.24 £ 470,402 33,041 9,285
		512,728
		31.8.24 25

No employees received emoluments in excess of £60,000.

continued...

Page 10

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

11. EXCEPTIONAL ITEMS

Exceptional items in the previous year includes net income to the charity of which relate to a police investigation into unexplained expenses in previous years. The investigation was concluded in 2025 with a resulting prosecution.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricted
	fund
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2
Charitable activities
Nursery and preschool	739,017
Other trading activities	1,841
Investment income	57
Total	740,917
EXPENDITURE ON
Charitable activities
Nursery and preschool	735,208
Other	(6,182)
Total	729,026
NET INCOME	11,891
RECONCILIATION OF FUNDS
Total funds brought forward	(27,050)
TOTAL FUNDS CARRIED FORWARD	(15,159)

continued...

Page 11

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

13. TANGIBLE FIXED ASSETS

Improvements to property £ COST At 1 September 2024 8,069 Additions 27,600 At 31 August 2025 35,669 DEPRECIATION At 1 September 2024 2,905 Charge for year 3,793 At 31 August 2025 6,698 NET BOOK VALUE At 31 August 2025 28,971 At 31 August 2024 5,164	Fixtures and Computer fittings equipment Totals £ £ £ 58,206 3,840 70,115 9,932 201 37,733 68,138 4,041 107,848 39,650 3,227 45,782 5,643 40 9,476 45,293 3,267 55,258 22,845 774 52,590 18,556 613 24,333	Totals £ 70,115 37,733
		45,782 9,476
		55,258
		52,590
		24,333

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

			Improvements
			to
			property
			£
	COST
	Additions		27,600
	DEPRECIATION
	Charge for year		2,760
	NET BOOK VALUE
	At 31 August 2025		24,840
	At 31 August 2024		-
14.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.8.25	31.8.24
		£	£
	Trade debtors	17,799	24,560
	Prepayments and accrued income	14,189	3,654
		31,988	28,214

continued...

Page 12

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	31.8.25	31.8.24
	£	£
Hire purchase (see note 16)	24,514	-
Trade creditors	15,052	20,590
Social security and other taxes	11,283	8,860
Other creditors	37,470	45,331
Accruals and deferred income	1,384	3,310
	89,703	78,091

16. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Net obligations repayable: Within one year Within one year Between one and five years	Hire purchase contracts 31.8.25 31.8.24 £ £ 24,514 - Non-cancellable operating leases 31.8.25 31.8.24 £ £ 72,563 - 29,978 33,400 102,541 33,400	Hire purchase contracts 31.8.25 31.8.24 £ £ 24,514 - Non-cancellable operating leases 31.8.25 31.8.24 £ £ 72,563 - 29,978 33,400 102,541 33,400
		33,400

The lease above is in relation to the property under lease to the charity until 1st September 2026 along with other finance leases on equipment and improvements to property.

17. SECURED DEBTS

The following secured debts are included within creditors:

	31.8.25	31.8.24
	£	£
Hire purchase contracts	24,514		-

The hire purchase agreement above is personally guaranteed by Ms E Parsons, CEO of the charity.

continued...

Page 13

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

18. MOVEMENT IN FUNDS

At 1.9.24
£
Unrestricted funds
General fund
(16,780)
TOTAL FUNDS
(16,780)
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
962,986
TOTAL FUNDS
962,986
Comparatives for movement in funds
At 1.9.23
£
Unrestricted funds
General fund
(27,050)
TOTAL FUNDS
(27,050)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
740,917
TOTAL FUNDS
740,917

Net
movement
At
in funds
31.8.25
£
£
98,689
81,909
98,689
81,909
Resources
Movement
expended
in funds
£
£
(864,297)
98,689
(864,297)
98,689
Net
movement
At
in funds
31.8.24
£
£
11,891
(15,159)
11,891
(15,159)
Resources
Movement
expended
in funds
£
£
(729,026)
11,891
(729,026)
11,891

continued...

Page 14

Enchanted Wood Day Nursery Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.9.23	in funds	31.8.25
	£	£	£
Unrestricted funds
General fund	(27,050)	110,580	83,530
TOTAL FUNDS	(27,050)	110,580	83,530

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	1,703,903	(1,593,323 )	110,580
TOTAL FUNDS	1,703,903	(1,593,323 )	110,580

19. RELATED PARTY DISCLOSURES

The charity's premises are located on the grounds of The Deanes School which is part of the South East Essex Academy Trust.

Mr D. McKeown, a Trustee of The Enchanted Wood Day Nursery Ltd for part of a year, is the Headmaster of The Deanes School.

Rent paid to The Deanes School during the period totalled £2,500 ( 2024: £30,000).

Ms E Parsons, received remuneration of £1,955 whilst being a trustee for part of the year ( 2024: 43,800)

Page 15

Enchanted Wood Day Nursery Ltd

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

	31.8.25	31.8.24
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	-	2
Other trading activities
Fundraising events	3,949	1,841
Investment income
Other income	5,404	(2)
Interest receivable - trading	222	59
	5,626	57
Charitable activities
Nursery fees	506,738	513,895
Nursery fees - Government	444,063	223,347
Registration fees	2,610	1,775
	953,411	739,017
Total incoming resources	962,986	740,917
EXPENDITURE
Charitable activities
Wages	562,821	470,402
Social security	43,739	33,041
Pensions	11,534	9,285
Other operating leases	30,974	30,650
Rates and water	1,674	2,239
Insurance	2,016	1,310
Light and heat	15,444	15,220
Telephone	5,213	3,566
Printing, postage & stationery	1,096	773
Advertising	460	917
Extra curricular activities	525	4,904
Catering costs	55,084	52,104
Consumables, cleaning and hygi ene	37,234	37,986
Staff training and welfare	14,983	7,882
Toys and learning materials	14,110	9,058
Subscriptions, licences & accr editations	1,178	2,771
Computer software costs	8,173	4,727
Travel costs	505	-
Repairs and renewals	31,231	31,129
Safeguarding costs	362	318
Donations	54	81
Bookkeeping and payroll	4,396	5,470
Legal costs	6,007	1,213
Carried forward	848,813	725,046

This page does not form part of the statutory financial statements

Page 16

Enchanted Wood Day Nursery Ltd

Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
	31.8.25	31.8.24
	£	£
Charitable activities
Brought forward	848,813	725,046
Improvements to property	3,793	1,291
Fixtures and fittings	5,643	4,586
Computer equipment	40	153
Bank interest	-	469
	858,289	731,545
Other
Unexplained expenditure	-	(6,182)
Support costs
Finance
Bank charges	1,365	1,051
Hire purchase	2,031	-
	3,396	1,051
Governance costs
Auditors' remuneration for non audit work	2,612	2,612
Total resources expended	864,297	729,026
Net income	98,689	11,891

This page does not form part of the statutory financial statements

Page 17