## **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
## **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**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income/(expenditure)**
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**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**
|9
**Debtors**
Trade debtors
10 **Creditors:**
amounts falling due within one year
Bank loans and overdrafts
Other taxes and social security
Accruals
11 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
12 **Analysis of net assets between funds**
Net current assets
13 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1**
**September**
**2024**
15,353
15,353|**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