2025-08-31-accounts - Saplings Children's Day Nursery Ltd

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Saplings Childrens Day Nursery Ltd

Charity No. 1144455

Company No. 07359750

Trustees' Report and Unaudited Accounts

31 August 2025

Saplings Childrens Day Nursery Ltd Contents

	Pages
Trustees' Annual Report	2 to 3
Independent Examiner's Report		4
Statement of Financial Activities		5
Summary Income and Expenditure Account		6
Balance Sheet		7
Statement of Cash flows		8
Notes to the Accounts	9 to	14
Detailed Statement of Financial Activities	15 to	16

Page 1

Saplings Childrens Day Nursery Ltd Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 August 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 07359750

Charity No. 1144455

Principal Office

Cadlands Children's Centre Whitefield Road Holbury Southampton SO45 2HW

Registered Office

Cadlands Children's Centre Whitefield Road Holbury Southampton SO45 2HW

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

K. Cooper L. Eaton N. Kitson

A. Mill J. Pearce

E. Pearson

==> picture [298 x 102] intentionally omitted <==

Accountants

Roger Smallman & Co Ltd Suite 20 The Director General's House 15 Rockstone Place Southampton SO15 2EP

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document is to ensure the advancement and development of education and equal opportunity for all children aged under 5 years.

Page 2

Saplings Childrens Day Nursery Ltd Trustees Annual Report

The main activities undertaken in relation to those purposes is providing childcare and early years education for the under 5's.

In all our work we (the trustees) have regard to the guidance issued by the Charity Commission on public benefit. Our main activity is to deliver, within our fully inclusive setting for 2-5 year olds, the Early Years Foundation Stage. We employ childcare managers and practitioners who jointly plan rich and fulfilling activities to meet the needs and interests of the children.

ACHIEVEMENTS AND PERFORMANCE

With a major change in management last year the nursery has undergone changes at the very heart of the setting and the current Managers have laid the foundations for a strong future. The systems and processes have been reviewed to ensure the setting is delivering the best standards possible.

With a positive end to the year accounts Saplings will continue to grow and provide a high level of childcare to the community for many years to come.

FINANCIAL REVIEW

The nursery has made significant strides forward this year. Investing in SEN provision whilst maintaining a cautious spending habit to build up reserves.

Saplings have a strong direction and a plan for the new financial year to continue investing back into the setting following a positive financial year the plans for moving Saplings forward are innovative and robust.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Saplings Children's Day Nursery is an incorporated charity and its governing document is its Memorandum and Articles of Association dated 27th August 2010

New trustees are recruited from parents of children at the preschool and are elected at the AGM.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

E. Pearson Trustee 23 December 2025

Page 3

Saplings Childrens Day Nursery Ltd Independent Examiners Report

Independent Examiner's Report to the trustees of Saplings Childrens Day Nursery Ltd

I report to the charity trustees on my examination of the financial statements of Saplings Childrens Day Nursery Ltd 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 financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the Charity 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 financial statements 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

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

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements 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 financial statements to be reached.

Carole Gunning ICAEW Roger Smallman & Co Ltd Suite 20

The Director General's House 15 Rockstone Place Southampton SO15 2EP 23 December 2025

Page 4

Saplings Childrens Day Nursery Ltd Statement of Financial Activities

for the year ended 31 August 2025

Unrestricted funds 2025 £ 434 238,427	Total funds 2025 £ 434 238,427	Total funds 2024 £ 16 178,233
238,861 9,560 217,986	238,861 9,560 217,986	178,249 6,447 210,309
227,546 -	227,546 -	216,756 -
11,315 -	11,315 -	(38,507) -
11,315	11,315	(38,507)
11,315 15,353	11,315 15,353	(38,507) 53,860
26,668	26,668	15,353

Page 5

Saplings Childrens Day Nursery Ltd Summary Income and Expenditure Account

for the year ended 31 August 2025

Income Gross income for the year Expenditure Interest payable Total expenditure for the year Net income/(expenditure) before tax for the year Net income /(expenditure )for the year	2025 £ 238,861 238,861 227,552 (6) 227,546 11,315 11,315	2024 £ 178,249
		178,249
		216,754 2
		216,756
		(38,507)
		(38,507)

Page 6

Saplings Childrens Day Nursery Ltd Balance Sheet

at 31 August 2025

at 31 August 2025
Company No. 07359750 Notes 2025 £ Current assets Debtors 9 1,329 Cash at bank and in hand 28,578 29,907 Creditors:Amount falling due within one year 10 (3,239) Net current assets 26,668 Total assets less current liabilities 26,668 Net assets excluding pension asset or liability 26,668 Total net assets 26,668 The funds of the charity Restricted funds 11 Unrestricted funds 11 General funds 26,668 26,668 Reserves 11 Total funds 26,668	2024 £ 1,626 15,333
	16,959 (1,606)
	15,353 15,353
	15,353
	15,353
	15,353
	15,353
	15,353

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 August 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 23 December 2025

And signed on its behalf by:

E. Pearson Trustee

23 December 2025

Page 7

Saplings Childrens Day Nursery Ltd Statement of Cash flows for the year ended 31 August 2025

Cash flows from operating activities Net income/(expenditure) per Statement of Financial Activities Adjustments for: Decrease/(Increase) in trade and other receivables Increase/(Decrease) in trade and other payables Net cash provided by/(used in) operating activities Net cash from investing activities Net cash from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances Bank overdrafts	2025 £ 11,315 297 2,095 13,707 - - 13,707 14,841 28,548 28,578 (30) 28,548	2024 £ (38,507) (1,257) (901)
		(40,665)
		-

		-

		(40,665)
		55,506
		14,841

		15,333
		(492)
		14,841

Page 8

Saplings Childrens Day Nursery Ltd Notes to the Accounts

for the year ended 31 August 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

Saplings Childrens Day Nursery Ltd Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 10

Saplings Childrens Day Nursery Ltd Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Charitable activities Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations	Unrestricted £ 434 434	Unrestricted funds 2024 £ 16 178,233 178,249 6,447 210,309 216,756 (38,507) (38,507) (38,507) 53,860 15,353 Total 2025 £ 434 434	Total funds 2024 £ 16 178,233
			178,249 6,447 210,309
			216,756
			(38,507)
			(38,507)
			(38,507) 53,860
			15,353
			Total 2024 £ 16
			16

Page 11

Saplings Childrens Day Nursery Ltd Notes to the Accounts

5 Income from charitable activities

		Unrestricted	Total	Total
			2025	2024
		£	£	£
	Nursery fees	34,684	34,684	55,647
	Early Years funding	202,743	202,743	122,347
	Other fees	1,000	1,000	239
		238,427	238,427	178,233
6	Expenditure on charitable activities
		Unrestricted	Total	Total
			2025	2024
		£	£	£
	Expenditure on charitable
	activities
	Nursery fees	9,525	9,525	6,413
	Early Years funding	35	35	34
	Governance costs
		9,560	9,560	6,447
7	Other expenditure
		Unrestricted	Total	Total
			2025	2024
		£	£	£
	Bank loan and overdraft interest payable	(6)	(6)	2
	Employee costs	189,219	189,219	177,692
	Premises costs	22,349	22,349	22,968
	General administrative costs	3,805	3,805	4,512
	Legal and professional costs	2,619	2,619	5,135
		217,986	217,986	210,309
8	Staff costs
		2025		2024
	Salaries and wages	185,742		169,330
	Pension costs	2,247		2,109
		187,989		171,439
	No employee received emoluments in excess of £60,000.
	The average monthly number	of full time equivalent employees during the year was as follows:

Nursery	2025 Number 15 15	2024 Number 10
		10

Page 12

Saplings Childrens Day Nursery Ltd Notes to the Accounts

2025 £ 1,329 1,329 2025 £ 30 1,769 1,440 3,239 Incoming resources (including other gains/losses ) £ 238,861 238,861 At 1 September 2024 £	Resources expended £ (227,546) (227,546) Unrestricted funds £ 26,668 26,668 Cash flows £	2024 £ 1,626
		1,626
		2024 £ 492 (100) 1,214
		1,606
		At 31 August 2025 £ 26,668
		26,668
		Total £ 26,668
		26,668
		At 31 August 2025 £
15,333	13,245	28,578
15,333 15,333	13,245 13,245	28,578
		28,578

Page 13

Saplings Childrens Day Nursery Ltd Notes to the Accounts

14 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

	2025	2025	2024	2024
	Land and buildings	Other	Land and buildings	Other
	£	£	£	£
Operating leases with expiry date:
*Pension commitments*
		2025		2024
		£		£
The pension cost charge to the company
amounted to:		2,247		2,109

15 Related party disclosures Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 14

Saplings Childrens Day Nursery Ltd Detailed Statement of Financial Activities

for the year ended 31 August 2025

Income and endowments from: Donations and legacies Donations Charitable activities Nursery fees Early Years funding Other fees Total income and endowments Expenditure on: Charitable activities Nursery fees Early Years funding Total of expenditure on charitable activities Other expenditure Bank loan and overdraft interest payable Employee costs Salaries/wages Pension costs Staff training Staff welfare Premises costs Rent Light, heat and power Premises cleaning Premises repairs and maintenance General administrative costs, including depreciation and amortisation Bank charges General insurances Information and publications	Unrestricted funds 2025 £ 434 434 34,684 202,743 1,000 238,427 238,861 9,525 35 9,560 9,560 (6) (6) 185,742 2,247 484 746 189,219 11,409 8,863 1,293 784 22,349 466 796 -	Total funds 2025 £ 434 434 34,684 202,743 1,000 238,427 238,861 9,525 35 9,560 9,560 (6) (6) 185,742 2,247 484 746 189,219 11,409 8,863 1,293 784 22,349 466 796 -	Total funds 2024 £ 16
			16
			55,647 122,347 239
			178,233
			178,249 6,413 34
			6,447
			6,447 2
			2
			169,330 2,109 5,559 694
			177,692
			12,335 8,066 1,424 1,143
			22,968
			470 954 72

Page 15

Saplings Childrens Day Nursery Ltd Detailed Statement of Financial Activities

Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Consultancy fees Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	1,383 765 395 - - 3,805 2,619 - 2,619 217,986 227,546 - 11,315 11,315 - 11,315 15,353 26,668	1,383 765 395 - - 3,805 2,619 - 2,619 217,986 227,546 - 11,315 11,315 - 11,315 15,353 26,668	1,455 618 910 13 20
			4,512
			2,735 2,400
			5,135

			210,309
			216,756 -
			(38,507)
			(38,507) -
			(38,507)
			53,860
			15,353

Page 16