CoMpa￿Y registration number.. 07803773 Charity registration numbèr.. 1145656 Lisle Marsden Childcare Limited (A company limited by guarantee) Annual Report Financial Ststemen15 for the Year Ended 31 August 2024 Foyrester Boyd Robson Limited Ghartered Accountant Kingfisher Court Plaxlon Bridge Road Woodmansey Beverfey HU17 ORT Llsle Marsden Childcare Limited Contents Reference and Admlnislrative Detsils Trustees, Annual Reporl 2106 Indepandent Examiner's Report Statement of Financial Activitiès Balance Sheet Statèment of Cash Flows Notes to the Financial Slalements 11 to20 Lisle Marsden Childcare Limited Reference and Administrative Details Trustees D Kinsey L S WharLon R Lockwood R Varley T Spenc@r K Revell Senior Managèment I Leadership Team A Allison Charity Re9lStration Number 1145656 Company Registration Number 07803773 The charlly Is incorporated In England. Lansdowne Avenue Grimsby N E Lincolnshire DN32 ODF Registered Office Independent Examiner Forrester Boyd Robson Limited Chartered Accountant Kingfisher Court Plaxton Bridge Road Woodmansey Beverley HU17 ORT Bankers The Royal Bank of Scolland Sheffield Attercliffe Branch 747 Attercliffe Road Sheffiald S9 3RF Page 1 Lisle Marsden Childcare Limited Trustees. Annual Report The trustees, who are directors for the purposes of company law, present the annual report together with the rin8n¢lal slalemenls and audilors, report of the charitable company for the year ended 31 August 2024. Page 2 Lisle Marsden Childcare Limited Trustees, Annual Report ObJeetives and aetlvities Objects and alms our ¢harity's purposes as sel out in the objects contained in the compan¥s Articles of ASS￿latIon are: To enhance the development and education of children from the ages of two tsp to and including eleven years old by offering appropriate play, earty education and care facilities for all thildren whatever their race, culture, religion, means or ability, by.'.- al providing an out of hours childcare service for the local community operating on wèekdays throughout the year, and bl providing an eady years proviston for the community Including Ihose famllies also served by Lisle Marsdan Church of England Primary Academy, c) operating at 911 limes in a manner which reflects th6 prlnciples underlylng the Church of England foijndatlon of the inslilution. Llsle Marsden Childcare Ltd is a provider of early-years education and care for children aged from 2 years up lo 11 years I I months in the settings early years provision and out of school club. The early years, provision oper81es all year and the out of school Club operates before and after school and in the school holidays. We are approved and inspected by the Offi¢e for Standards in Education IOFSTEDI and have been graded in 2020 as an Oulslanding providar of 8ady years educali(Jn and ¢hildc8re. Th6 alms of our charity are to serve both the irnmediale and wider community by providing a hlgh quality child¢are fa¢illty based on current legislation and best practice, and lo enable pa￿￿tS and carers to continue their employment andlor study by providing the necessary care. education and recreation for children of pre-school and primary school age. We aim lo create a friendly and relaxed atmosphere wher8 childr8n and their families feel special and valued.. lo provide a safe and secure environment where children are encouraged and feel excited and rnotivated lo learn., lo meet the individual needs of each child and ensure all children are given the opportunily lo develop. lo promote learning and developrnent through play. providing a rich and enabling environment with a widé varièty of intèresting and stimulating activities and resources. to give children time and support in gaining 8 sense of achieverllent and pride in Ihems@Ives,- and lo support children in feeling omolionally confident aTrd not afraid of failure, developing positive allitudes lo learning lasting for the rest of thair lives. Our aims fully reflect the purposes that the charity was set up lo further. Our provision is 8ecessible lo all ¢hlldran and families in the local commuDity and further afield through a comprehensive and inclusive admission5 policy. We are committed to providing equality of opportunity and anli-discriminalory practice for all chlldren and f8milies according lo their individual needs and frets from any form of dis¢rlminalion on the grounds of gender, age, race, religion or belièf, ethnic or national origin. or disability. We welcome children with learning difficulties and dis8bililies and have a designated speci21 educational needs co-ordin2tor who lakes lead responsibility for inGlusion support. We work with chlldren, parents, external agencies and the community to ansure the welfare and safely of children and to give Ihem Ihe very best stsrt in life. Page 3 Lisle Marsden Childcare Limited Trustees. Annual Report Th6 fo¢us of the setting is the continuous improvem&nl lo the educallonal programme in the early years provision, and providing high quality play opportunities for children in the out of school club. The practitionèrs support and enhance children's learning and development holistically through play based activities. Home Ilnks are made in order to enhance and extend children's leaming both within the setllng and in Ihe child's home. The out of school club provides a friendly, child cenlred environment that give childrsn the play spaces they need to ensure thsy receive a balance within their lives. The club sessions are designed lo complement the slruclured environment of school, Introducing Ihe children lo a ￿ride range of a¢tivilies and experi8n¢es whilst encouraglng them lo make their own choices, lake responsibility for their own actions and contribute lo what is provided for them. P8renls are given regular infomialion abo￿ Eheir children's developmental progress through daily communication and regular progréss reviews. We maintain regular contact with parents throughout the year through newsletters and planned events. Public benefit In the coming ye8r the tharity FAans lo continue lo Identify and make improvements lo the educaliohal programme in th@ early years. provision to ensure children are supported to reach their potential and dévèlopmental expectations to prepare Ihem to become Ilfelong learners. In the out of school club we plan lo develop the provision and activities wa offer to meet thè diverse neeés of th thlldren who attend and lo ensure chlldrèn are engaged in purposeful play. The trustee5 confirm that they have complied with the reotjirements of seGlion 4 of the Charities Act 2011 to have clue regard lo the public benefit guidance published by the Charily Commission for E￿land and Wales. Achl&vements and performance Occupancy Rates Occupancy for our eady years provision h8$ been lower than recent years with 91 children on roll by the end of the a¢adcmic year. Occup8ncy al the end of the academic year was 85Yo 12023: 90°/ol based on 8Q children par session. Th8 lower occupancy rale was due lo a lower birth year than nomial and w8s a trend seen a¢r055 local settings. Occupancy levels incr￿sed after the Easter break when 2 year old5 of working farnilies be¢2me ellglble for new government funding. Occupancy in our out of school Glub continued to be good with an average of 62 children for breakfast club and an average of 53 chli dren for after school club. Staff training and developn7ent Staff have completed requir￿ core trainlng such as First Ald, Food Safety and Safeguarding Iralnlng as and whèn required throughout the year. Other Irainlng has included- . Monster Phonlc Supporting children wllh EAL * School Readiness Children and Young People trauma informed practice awareness Neuro divÉrse behaviours in Early Year5 settings Intensive interaclions Making sense of Autism Page 4 Lisle Marsden Childcare Limited Trustees, Annual Report Improvements We did not tnake any significant improvements to the setting thls year due to lower occupancy for the first two lertns. Dup lo the increase in the number of 2 year olds starting at the setting in April as a result of the new working families funding we changed how the rooms opeiated so Ihal we were able lo accommodate the additional younger children. From April we had a room for our youngest 2 year olds., a room for our Fiising 3's which included our older 2 year olds and youngest 3 yèar olds. Our olhcr room became the Pre school roorll for Ihe children who were due lo start primary school in September. The differen￿ in the learning environments and thé lèaming opportunllies on offer is evident demonstrating a well-sequenced Gu￿1culuM across the rooms. We will continue lo operate in the same way from September. We recruited additional staff to wort( in our out of school club to lowèr waitlng lists and enablo US to offer out mora places than previously. Plan5 for future perlods Aims and key objectives for futUlB Periods We have registered our interest in takin9 part in the Nell for eady yèars programme. The programme is an earfy language programme Ih21 has been available for schools for some years. Wg will find out in October 2024 if we have been chosen lo deliver the programme or be in the control group for the trial. We will continue to have a slrong focus on supporting ¢hildren lo understand the risks of the inlernel, digital technology and social media by planning regular age appropriate inlemel safety activities with children. We will provide parents wlih information about online safety so they are able to understand the risks when 8llowing their children online. There will also be a strong focus on oral hygiene inline with government guidance. We sre reinvesting some of our reserve5 in decorating and making improvements lo the satling over the next twelve months which will include replacing cupboard doors and updating the toilet cubicles in the 2 year room. Financial revlew During the year ended 31 August 2024, total expenditure of £579.2T7 was more than covered by Nursery Education Funding together with olh¢r incoming resources and brought forward resèrv8s. The excess of income over expènditure for the year was a profit of £95,71812023= £13.2551. Policy on reserves OUT policy is lo have a minimum of a thiee month contingency fund io guarantee financial security In thg event of any unforeseen expenditure fhat may occur and to safeguard against a decrease of income due to a sudden drop in occupancy. Free res8Nès lunraslricled fvnds less designated fvnds and total flxed asselsl are £313,155 which Is above the three Month policy. Total reserves being £337,567 12023.. £241.8491 are made up of restricted funds of £15.714 {2023,'£15,7141 and unrestricted funds of £321.85312023.. £226,135). Principal rlsks and un¢ertainties Owp8ncy rates fluctuate and coulé drop from year lo year. Some of the practitioners are employed on yearfy contracts so that we are able to adjust the number of staff and hours to be worked yeafly depending on occupancy levels. We do operate on a higher than legally required staff ratio which can be dropped lo required levels if staffing C051s required us lo do so. Slructurei gov8rnance and management Nalure of governing document The organisation Is 8 ¢h8rltable company Ilmlied by guarantee, incorporated on 10 Ociober 2011 and registered as a charity 27 January 2012. Th8 comp8ny was established under a Memorandum of Association which established the objects and powers of th& charitable company and is governed sjnder Artlcles of Association. Pag8 5 Llsle Marsden Childcare Limited Trustees. Annual Report Recruitment and appolntment of trustees The directors of the company are also charity trustees for the purposes of charity law. Trustees are appointed or reappointed annually al the Annual General Meeting. Arrangements forsettlng key management personnel remunerabon Pay increases for all staff are sel by the board of directors annually. The Increases are de¢lded based on National Wag8 increases and a review of the current financial position. Disclosure of information to auditor Each Iruslee has taken steps Ihal they ought to have taken as a Iruslee in order lo make themselves aware of any relevant &udit inform8liDn and lo establish that the charity's auditor is aware of Ihal information. The tnjstees confirm that there is no relevant information ihat they know of and of which they know the auditor is un8ware. Tha annual report was approved by th2 tnjstees of the charity on 12 May 2025 and signed on ils behalf by- D Kinsey Trustee Page 6 Lisle Marsden Childcare Limited Independent ExamineVs Report to the trustees of Lisle Marsden Childcare Limited ('the Company,) I report to the charity trustees on my gxamlnalion of the acwunts of the Company for the year ended 31 August 2024. Respective responsibilities of trustees and examlner As the ¢harily's trustees of Ihe Company {and also ils directors for the purposes of company lawl you are responsibl& for thè preparation of thé a¢counts in ac¢ordance with the requirements of th8 Companiés Act 2006 I'lhe 2006 AGI'I- Having satisfied myself that the accounts of th& Company arè not required to ba 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 a¢counts 8S I￿rried aut under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examinallon S have followed thè Directions given by the Charily Commlssion under section 145{5llbl of the 2011 Act. Ind&p8ndent èxaminerfs stat8m8nt Since th& Companls gross income ex￿eded Q50,000 yDur examiner must be a member of a body lisled in section 145 of the 2011 Act. I confirm that l affl qualrfied lo undertake the examination because l am a member of ICAEW, whi¢h is one of th& listed bodies. I have completed my examination. I confim that no matters have come to my aliention in connection with the examination giving me ¢ause lo believe.. 1. accounting records were not kept in respect of Lisle Marsden Childcare Limited as required by section 386 of the 2006 Act.. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Acl other than any requirement that the accounts givè a 'lrue and fair view, which is not a matter considered as part of an indepgndent examination., or 4. the accounts have not been prepared in accordance wtth the methods and principles of thè Slalement of Recommended Practi￿ for accounting and reportlng by charilles appll¢able to charities preparing their accounts in accordance with the Financlal RewrtSng Standard appllcable in the UK and Republic of Ireland {FRS 1021. 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 lo enable a proper undeislanding of the accounts to be reached. Carrie Anne Jensen ACA Chartered Accountant ICAEW Forresler Boyd Robson Limited Kingfisher Court Plaxton Bridge Road Woodmansey Beverley HU17 ORT 12 May 2025 Page 7 Lisle Marsden Childcare Limited Statement of Financial Activities for the Year Ended 31 August 2024 {Includlng Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restrlcted funds Total 2024 Notè In¢ome and Endowménts from: Charitable activities Other tr8ding activities Investment incom8 624,736 537 3.304 46,418 671,154 537 3,304 Total income 628.577 46,418 674,995 Expendlture on.. Charitabl8 activities 532.859 (46,418 579 277 Total expenditure Net income {532,859 (46,418 1579.277 95.718 95,718 Nét movement in funds 95,718 95,718 Reconclllation of funds Total funds brought forward Total funds carried forward 226,135 15,714 241,849 17 321,853 337,567 Unrestricted funds Restricted funds Total 2023 Note Income and Endowments from: Charitable activiti8S Other toding act1￿lIeS Investment income 551.976 1,311 1.947 32,699 584,675 1,311 1,947 Total income 555,234 32,699 587,933 Expenditure on: Charitable actimties 541.9791 32,699 1574,678 Total expelldilure 541,979 32.699 574,678 Nel incotne 13,255 13,255 Net movement in funds 13,255 13,255 Reconclliation of funds To121 funds brought forward 212,880 15,714 228,594 Total funds Garried fO￿ard 17 226,135 15,714 241.849 Thè notès on paoe$ 11 to 20 form an integral part ol these financial slalemenls. Paga 8 Lisle Marsden Childcare Limited (Registration number: 07803773) Balance Sheet as at 31 August 2024 2024 2023 Note Fixed assets Tangible assets Current assets Debtors Cash al bank and in hand 12 8.698 9,504 13 14 62.342 291,748 354,090 53,285 217,220 270,505 Creditors: Amounts falling due within one year Net currenl assats 15 25,221 38,160 328,869 232,345 Net assets 337,567 241.849 Funds of thè charity- Restrfctad Income funds Restricted funds 15,714 15.714 Unrestricted income funds Unrestricted funds 321,853 226,135 Total funds 17 337,567 241,849 For the financial year ending 31 August 2024 the charity was entitled lo exemption from audit under section 477 of the Companles Acl 2006 relating to small companies. Directors, responsibilities.. The Membe￿ have not required the charily lo obtsin an audtt of ils accounts for the year in questlon In accordance with section 476.. and The directors 8¢knowledge their responsibilities for complying wlh Ihe requirements of the Act with respect to accounting records and the preparation of accounts. The fin8nclal statements on pages 8 to 20 were approved by the trustees, and aulh0ris6d for issue on 12 May 2025 and signed on their bahalf by. D Kinsey Trustee The notes on pagtss 11 to 20 forrn an integral part of these financial slatemenls. Page 9 Lisle Marsden Childcare Limited Statement of Cash Flows for the Year Ended 31 August 2024 2024 2023 Note Cash flows from operatlng activitiès Nel Gash income 95.718 13.255 Adjustments to cash flows from non-¢ash items Depreciation Investrnent incorne 3,733 3,304 20.112 1,947 31,420 96.147 Working capital adlustrnents Increase in debtors {Decreas&llincrease in creditors IDecreasallincrease in deferred Income Nel Gash flows from operdling acttvities Cash flows from Investing aetivities Interest receivable and similar income Purchase of tangible fixed assets Net cash fJows from investing activities Nel increase in cash and cash 8quivalents Cash and cash equlvalenls al 1 Septembor Cash and cash equivalents at 31 August Reconciliation of net cash flow to movement In net funds Increase in cash 13 19.0571 112.3711 568 110.088) 7,996 207 74,151 29,535 3,304 2,927 1,947 8,0121 12 377 6,065 74,528 23,470 217,220 193,750 291,748 217.220 74,528 23,470 Nel fijnds al 1 September 2023 Net funds al 31 August 2024 217.220 193,750 291,748 217,220 The notes on pages 1110 20 form an integral part of Ihese financial slalemenls. Page 10 Lisle Marsden Childcare Limited Notes to the Financial Statements for the Year Ended 31 August 2024 4 Charity status The charity is a chatity limited by guarantee and Incorwraled In the United Klngdom and consequently does not have share capital. E