Company registration number.. 08100944
Charity registration nwnber.. 1147882
Sunflowers at Grafton
IA c4Jnwany limited by guarat)￿)
Annual Report ond Financial Statements
ror ihe Year Ended 31 Au8USt 2023

ontents
Referenc¢ and Administrdtiye Details
T￿￿ees, Repon
2Eo6
St￿ement of Tru51ees' Resporksibiliiies
Independent Examio¢rfs R¢port
St&emeni of Financial Activitie5
91010
Balance Sheei
Notes ts) ￿ Financial Slat¢m¢nts
12to22

SuDflowers at Grafton
Reference and Admioi3JTat￿￿l1$
Chalrman
J Rainage
se¢￿tary
S Ett￿d
Chgrity Rtglstr*tion Number
1147882
Company Registr8tion Number
08100944
Th¢ chwity is I￿orpOrated in England aT¥J Wales.
Sunflowers & Grafton
East Grafton
Marlbcffough
SN8 3DB
R¢2l$ter¢d Offl¢t
Independent Examiner
Sanswn & Co Limi*d
l Meadow View
High Strttt
Burbage
SN8 3AF

Sunflow
t GraftoD
The ￿￿tee$, are directs)rs for the purposes of company law. present the annual report rogether with ihe
r￿cial statements of the charitable company forthe %Ear ended 31 August 2023.
Objeetivu And activities
ObJe¢ts 4Md41ms
To enhance the development and education of children UTKler ststu1(￿ school age and of priw s¢hool ag¢ by
¢ncouraging parenis to underlland and provide for the needs of th¢ir children and by:
Offtting appropriate play, education and care fxiliiies within the ¢ont¢xt of a welcoming and he741thy
environment And ensuring provision of opportunities for all children rewd1¢55 of their race, culnjre. religion,
meang or ability.
- Providing opportunities for parenis and members of the c4)rnmunity to take responsibility for, and to become
involved in. such adivities;
- Working in partnership with parents. OT8anisations. professionals and th¢ local ¢onulluniry to en8ure the n¢¢ds
of farnilies and their children are met: and
Advancing the edUC￿lOn and tr4inin8 of in the provision of s￿h play, education and c4re facilities as
described above.
Page 2

06ieclives. stra¢e8ie3 4ndaaivilies
Our main adivity is the provi5iOTL of gr¢* thddcare on a for profit basis which usili9es our beautifvl natural
surroundings. Specifically..
• Ofyted re8iStered nursery care for babie5 and thildTeD to 5 Yea￿ from 7.50am to 6pm for 51 weeks ¢a¢h year..
. Ofste41 r¢8iSt¢red oul of school we for primary scknl children. spe¢if￿allY breakf￿. after school and
holiday clubs- and
. Daily %hool tran5POrt for parish children lo onc of our I(￿1 primary &*ool&
The way we work
Children are at the heart of everything we do and ai th¢ ts)p of the Iisi is makiThg sure all ¢hildren have fun,
f¢el safc and are learning and developin& Along ihe line we makc sure that all the relewant Srawtory boxes arc
ticked and that all ollr paperwork is in g￿d order.
Tk way w¢ work 15 guided by i)ur ¢(re values: N￿￿ra1. Communiry and Growing.
N*turnl - outdo￿ adventures are fundamentsl trj the Sunflowers ai Grafton experience. We put a$ much lime.
planning aTHI reSwr¢1n￿ into our outd(Kir space LS we do io our indoor environment, ¢re4ting a place i
which ¢v¢ry Child ¢¥n ¢onn¢a with nature. We lov¢ the outhr& we love nattue and we love 411 w¢ather5.
We keep ihings $impl¢. hon￿ and practical - our re]￿lOnShIpS with our families. to poli¢ic$. procedures
and pri¢in8.
Commuthlty - We are pan of a thriving n￿al communtry uhich is incredibly 5UPPOrtive. We encourage
evcryone, including par¢nis, our ￿aM and members of our local community to play an active pan in our
progress. We work together so thai the children ai Sunflowers have the nwsr fanta51i¢ ¢xp¢rien¢¢s which will
give ihern the besi possible foundations for life.
Sunflowers at Grafton is a re8isiered ch8riry, based in buildings previously occupicd b> th¢ p4ri$h s¢hool which
closed in 2011. Every penny of surplus inc(￿e goes INO making Sunflower5 an even better place.
Crowing . We are continually exploring ways in which to do things bett¢r and encourage fttdback from
familie4 our team and ihe community io help us improl'e.
Our activit1¢5 are managed and run by a qualifKd, professional ie4m. SunfloM'er5 01 Grafton is a significant loca]
employer. with over 20 fijll-iime and pan-time employee5. The majority of these roles fill¢d by r¢sid¢nts of
Grafton Porish or neighbourin8 Parishes.
We have high expectstions and every member of the team plays a key pan in our sueeess. Roles and
responsibilities are clearly defined and the leam work together effectively to d¢liv¢r amazing service. We
look for regular opporwnilies to involve members of ow local community lo Share their skill& expertise and
time on a voluntary basis.
Sunflowers at Grafton is committed w safeguarding and promoting the welfare of our childrert and expects our
staff tedm and volunteers io share th￿ commithient.
Page 3

Sunfl
Trustees, Re
Aehitvethents *Rd perform*nc¢
The year had a backdrop of political a￿d ttouomi¢ turmoil. ID addi¢ion lo I[wag￿ the implications ofthe cost
(>f living crisis we srarted ￿ feel the ]M￿t of clwwES wrought into family life and the emplo>meni markei by
the pand¢inic, specifically the rise in w0￿1n¥ froTn homc and the compressed working week.
'rhe early years sector b¢gan to see ehanges ￿ bcx*ing patterns emerging and to report that a higher proportio
of Children families Deeded additiona] support follow'inb ¢be pandemi¢. These factors compound the
Ollgoing challenges of widerfunding and rrcruitnth and rCt¢nIi￿ in th¢ Sector as A whole.
In March 2023 a significant exiension ofv&Tly ￿￿T9 funding to SUPlKrft workin& parents was announted in the
Spring budget. This causcd ripple.s acro￿ the sector with fears of the underfixnding erisTS extendrng and furt￿￿r
threatening sustainability. Overlaying this comp]ex national picture we saw Si￿lf1¢an1 local Changes at our local
primary sehools which impacted our wrap#￿ care wiposition.
These fiLndam¢nlal market shifts were a prompt kn review our sir&iegic priorities and consider fresh perspg¢tive5
d n¢w ideas. T￿51¢¢ Work Streams were realigned to facilithtr thi$ Thi¢w proc¢ss with a continued focus on
OUT building and a renewed focus on I￿orne sire8ms.
From un op¢rdtional perspective we on with what w¢ do so well - providing ¢xceptional ¢are and educ￿10￿.
In M*y 2023 we had an Ofsted irtspeciion and were delIgh￿d io maintain ihe Go(Nl ratin8 we have held
conLinuou51y since opening. An Outstanding raiing irt the Pernonal DevelopmL¥nt eategory was a wondertiil
rceognition of our focus on 5UPPOrtin8 children lo have a posilive 5ertse of thcmsLlves. rLSPCCi for others. SLKial
skills. ernotional w¢11-￿Ing a[￿ a positive disposiiion io learning.
Team welfare and well-b¢irtg i¢m4ined front of mind a5 the cost of living crisis took effecL A team hub was
created io sharc idca$ lo help us save energy and money both ai work aThJ ai h)me and cosi of living supporn w&s
provided io ihe teom. CL.l¢bra¢ing individual miiemones and a continued commimieni io education and trdinin8
reinfore¢d our commitment to the team who work so brillianily to make SLU)flowers al Grafton such a spcci81
place.
PMbll¢ benefll
The trustees confTh thai th¢y have ¢omplied with the requIren*￿ of SttTiOn 17 of the Charitles Act 2011 to
have due regard w the public benefii guidanv published by the Charity C￿MISsion for England and Wales.
Community access lo our gardens and play8round: making our minibus available for htre to wmmunity groups.
and supporting conununity ¢v¢nts are all part of our ¢ommirment io Grafton Parish.
We are &lw8ys conscious of our impxt in the commuftiry aJbJ members of our ieam give th¢tr time io support
other community aetivities and e¥ents. During 2(522-23 th¢ Sunfk>wers' team ¢ontinued to sUPPOrt our local
baby and tlmldlcr group, organised the amiual parish litttt pi¢k alld produ¢tii)n and delivery of our
communiry ncwslcttcr.
Page 4

t Gr8fton
Trustees, Re
Finan¢ial r¢vi¢
During the 2022-23 reporting period Sunlk)Mtrs at Grafton received income totall1￿ £456,787 (2022:
£432.437). Th¢ majority of this comes from childcare f¢es.
Expenses totsj £460.092 {2022.. %430.608). Salaries propeny coms and ConS￿bIeS relating to thc provisiun or
childcare services are the highest expense iterns. £4.445 of these expenses are set winsi the £15,000 Building
and Grounds Fund s¢t asid¢ in 2021 for I￿Sen11￿1 building and mLtnienance.
Trnstees are mindful of the slim opeMionAI defieit (2022 - slim oimtional su￿]uS} of the Si￿lfICance of
their role in setting str8t¢gi¢ aims aDd dire¢tion and Agre¢itig appropriatr plarns for a secur¢ fuiure.
Polley on reserb
In setting our reserves policy. we are cons¢i¢)us of the need io enswe ihal sufficient reser¥es exisi to enable
norn]al operaiing activities ro continue in the evenl of variations tn income llnd io thke ¥¢ounl of ¢$sential
unplanned expenditure in the year ahead.
The balance of unrestricied at the end of August 2023 was £81,863 (2022 . £89. 958) and include$ the
followin8 designaiions..
- Contingency reserve £55.000 (2022 - £55.(KKI)
General fund £1 1,86312022- 19,958)
- Building aThJ grounds fjjnd £10.555 {2022- £I5,(K￿)
TTU¥tees have assessed the risks faced by the orsani5ation and their likely ¢os¢ implic&tions and airn to build our
Continkyency Reserve Fund 10 £88,51)O which equates to 3 months of Op￿￿4110n￿l ¢xp¢ndiiur¢. Whilst our
CunlinsyLrKy RcsL'rve Fund rcmain$ bL.low the d¢sir¢d £88.500. Th¢ ¢Nstees arc ¢omfortablc ￿lIh the overall
level ofre5erves.
Reserves will be rnonitored quarterly by the trustee5, looking Ix)th * currmt free reserves aTrJ the forecast
position for ihc year end. This ¢nsures remedial xtion can be taken quickly if required in the event of an
unexpecled, signifKanl or irreversible defKiL
Page 5

Sunllow¢rs at GrattLn
Strntturei governance and m8Daymeol
Orgqnlsadonal slructhre
Sunflowers at Grdfton is a ¢haritsble ¢c¥npany limited by guar3n*¢. Th¢ OTganisation is governed by A Board of
Trustees. Each is required io ￿ a dire¢tor of the ¢ompany. At each at)nual general meeting one-ihird of
trust¢¢s must reiire from offi¢¢ and are then eniiikd ￿ stsnd for r¢*l¢¢tiw.
The direaors and board of mjsiees tw 4 times a Vfdr io decide on such maners as stralegic wlicies and major
de¢ision$ relating to ihe affairs of Sun1]0￿r$ at Grdftw. The board of truAees is Specific￿lY required to
deterniine ¢hild¢ar¢ fees and ¢0 tske responsibility for the organisations assets.
Each of ihe ￿SteeS guardntres io pay the s￿￿ of £1 in the event of insolvency. A memorandwn of asso¢iaiion Is
in place which detsils the objectives and powers of ihe chariiy it is governed by arti¢les of ass(Kiation.
All tnJ5tecs and voluntrers give ol. their tirne freely and no remuneration LY expenses were paid during the
reporting period.
A Busines5 Miwigcr r¢port5 lo the BoArd of Trustee5 and leads the Senior tAdership Team (SLT) which
manages ihe daY4￿daY operations.
Trustees •*d offietrs
ThL IrusteL's and uffi¢¢rs serving during the yew ond since th¢ y￿r end were # follows..
Ttwttts:
T Reay
S M¢Call8
N Aircy
J Rama8e
J Leigh￿￿ (Resi￿￿ 23 May 2023)
S Burkext
R Anwld (Resi￿￿4 23 May 2023)
C Tarbox
G Winn
Chairni&n:
J Rathage
Secretary..
S Ertgl*nd
The annual report was approved by the trus*es of the clwity on 26 September 2024 And sI￿d on its behalf by..
J Ratnabie
Cha]rnI￿ al￿ T￿Str¢

rgfton
Statement of Trnstees, Responsibilities
The tThstees (who are also dir¢thiJr5 of Suntlo4%trs ￿ Grdfton for the PUTW15e5 of rornpany law) tre
responsible for preparing the trusttts, report and the finaneial S￿emen[S in x(4)rd￿ with applicable law and
United Kingdom Accounting Stsndard5 (United Kingdom Genernlly Accepted Accounting Pradicel, including
FRS 102 "The Financial Reporting Stsndard applicttble in tk UK and Republic of Ireland".
Company law requires the In￿l¢eS to prepare financial s￿*ments for ea¢h finan¢ial )Ear. Under cornpany law
the trustees must not approve the financial siatemcnts unless they are ￿l$fied that ihe) give a fair view
of the state of affairs of ihe Charl￿ble company az)d of the in¢oming r¢sources and application of rewllree&
including its income and expLmdiiure, of the charl￿ble company for that period. In preparing these finAncial
statements. Ihe misrees are required io:
select suitable a¢£ounting p)licies and apply ihern tonsistently.
ob5¢TV¢ ihc m¢ihiyJs and principles in the Charities SORP.
make jud8emenis and estimates thai are reasonable and Prudent:
state wheth¢T applicable accounlins standards, oomprisinb. FRS 102 have been followe¢ subject lo any
material departures di5clos¢d and explahned in the financial s￿rments. and
prepare the fman¢ial ststem¢nts on the going ¢on¢ern bagis unless il is inapproprial¢ to presume that the
charitable company will Continue in business.
The trusiees Rre responsible for kttping proper accounting records That can diy¢lose with reasonable accuracy at
any lime the financial position of the charitable ccrfnpany al￿ Lmablc thcrn lo cnsure that the fjnancial slaieinents
Comply with the Companies A￿ 2006. They are also responsible foT safeguaTding th¢ ￿se15 of the charitable
company and hence for taking re&sonable steps for the preveniion and d¢￿tIOn or rraud and other irregularities.
Th¢ ¢ruste¢s or¢ r¢spon$ible for ihe mainiertance and inlegriry of the corporate and financial iDfornwiion
in¢lud¢d on th¢ ¢haritabl¢ ¢ompanYs website. Legbslaix)n governing the prepaTUtion and di53eminoiion of
financial ita(emen¢s may dilT¢r from l¢gislwion in jurisdirtion
Approved by the trustees of the chariry on 26 Sep*mber 2024 and SI￿ed on it$ behalf by:
J Ratha¥e
Chairnian and truytee

ow
rnfton
Indep¢nd¢nt Ex*miner's Report to the trustees of Sunflowers at Grafton ('the
Comp*ny')
I report to th¢ charity tru5¢¢¢5 My uamination of the accounts of th¢ C(xnpany for the year ended 31 AuwLSt
2023.
Responsibllitles and basis of report
A5 the ¢harity's tru5t¢¢s of the Company (and also its diTeciors for the purposes of company law) you are
spon5ibl¢ for thc prcpardtion of the eccounts in accordance with the rrfuiremth¢s of the Companies Act 2006
{'Ihe 2006 Acl'l.
Ilaving satisfied myself thai the ￿oUNts of the c.ompany art not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respcct of my examinatkon of vour charity's
accounts &8 carried out under section 145 of the C.hariiies Act 2011 ('the 2011 Aci.). In carrying out my
¢xamination I have lollowed the Direciion$ given by the Charity Commission under section 145{5)(b) of the
2011 Act.
Indep¢ndeni ¢x4tnlD¢r'$ statern¢mt
Since the Companys gr055 irKome exceeded £250.000 yow examin¢r must be a member of a body lisied in
section 145 of the 2011 Act. I confirm l am qualifivj io und￿e the examinaiion because l am a member
of ICAEW, which is one of the listed bodies.
I have ¢¢)rnpl¢ted my examir￿li0n. l eonfimi that no mat*rs hav¢ ¢ome lo my a￿en110n in C￿Ction with the
examination giving me cause to believe..
1, occountin8 r¢¢ords w¢re not k¢pt in respect of Sunllowers ttt Grafton as required by s¢¢tion 386 of the
2006 A¢t: or
2. the accourns do not accord with thoye record& or
3. the 8¢¢uunts do n(rt ¢omply with the a¢¢ounting T¢quir¢ments of seciion 396 of the 2006 Act ￿h¢r th
ally ￿quIreMe￿I ihat the a¢¢ounts 8iv¢ &'Lru¢ and fair vicW which is a malter con5ideTed as part of an
indep¢ndent examinF4tion; or
4. the aceounls have not been prepared in ￿cOrdanCe with the m￿hOd$ and principles of th¢ Ststcment of
Rl￿ommended Practice for aecouniing and reponing by chariiies lapplicab]e w charities preparing their
accounts in accordancc with the Financial Reportin¥ S￿)dard applicabk in the UK and Republic of
Ireland (FRS 102)].
I have no concerns and have come across no other rntter5 in ¢onne¢tion with the examinati(bn to which allentlQD
should be drawn in thi5 fepon in order io enable a proper undersianding of the a¢￿￿1$ to be r¢ached.
M Sansum FCA
ICAEW
l Meadow View
High Street
Burbag¢
SN8 3AF
26 September 2024
Page 8

Sunflowers at Grafton
ment of Finaneial Activities for the Yea
IAU
A¢¢ount and Stat¢m¢Dt 0fTOtL￿￿￿￿lns
Is
Totsl
2023
VThres¢ri(ted
Re$trkted
Note
Ineome #nd ETrdowmenls from:
Donations and lega¢i¢s
Charitable activities
Other income
1,377
433.584
17.326
1,377
438.084
17.326
4.51)0
Total Income
452.287
4,500
456,787
Expenditure OD:
ChaTitable adivities
Other expendin]re
To(al Expendiiure
(438.6081
(2,108)
(508)
{440,7161
119,376
457.476
2,616)
1400,0921
Net lexpenditureyincome
15.189)
3,305
Net movemeni in fiulds
{5.189)
1.884
(3.305)
Recon¢iliition of funds
Total funds brought fonvard
Total funds carried forwaryl
89,938
90.958
19
84,769
2.884
87,653
The notes on pages 12 to 22 fonn an integral part of these fmancial statements.
Page 9

ment of Financi
us
enditure A¢CoJwLL￿Sknt ofTotal R¢£oLg￿&1nS
aDd Lo$sv)
Y ar Ended 3LAuLL2Q23
For tke ye8r ended 31 August 2022
Tothl
2022
Unrestricted
Restriett41
Nole
Income and F.ndowments from:
Dtsnations and lega¢ies
CTharirable activities
Oth¢r income
249
411.438
16.280
249
415,908
16.280
4,470
Total Incorne
427.967
4.470
432,437
ExpendStur¢ oth:
Charitable activities
Oth¥r exp¢nditur¢
Toial Expenditur¢
Net in¢om¢l(expenditurel
{410.263)
{15.375
{4.470)
500
(414.733)
15,875
425.638
4,970
430,608
2,329
(500
1.829
Nei movemeni in fiJnd5
2.329
15(M))
1,829
Reconclllatlon of funds
Total fund$ brought forward
Total tunds Carried forward
87.629
1.500
89,129
90,958
19
89,958
1.000
All of the charity'5 aclivitie5 derive from ¢ontinuin8 operalions dwing the abov¢ two periods.
The fLthds breakdown for 2022 Ss showrt in note 19.
The notes on pages 12 to 22 forjn arl illtryal part of these fin8n¢ial stapments.
Page 10

SuDflowers at Grnfton
(Registration numbcr. 08100944)
Balanee Sheet as at 31 August 2023
2023
2022
Not¢
Flxed assets
Tangible assets
14
7,015
7.994
Current assets
Debtors
Cash at bank and in hand
15
16
24.502
69,346
21,271
75,461
96,732
93.848
Credltors: Amounts fgllift8 d￿t wlthin ole ye•r
17
{13.210
13.768
Nef ¢urre•t •s$ets
80.638
82,964
Net assets
87,653
F*nds of the eharlty:
R¢stri¢ted income fynd$
Rtstrictcd funds
19
2.884
Unr¢$lrl¢t¢d In¢om¢ funds
Unre5triCted fi￿d5
84.769
89,938
Total funds
19
87.053
90.958
For the financial year ending 31 Au8USt 2023 ihe chariry eniitled io ¢xemptioD from audit under s¢ciion 477
of the Ci)mpanies Aci 2006 relaiing io small ¢omp)ni¢s.
Directors, responsibiliti¢s'.
The member8 have not required the charity to obtain ￿ audii of its for the year in question tn
aeLordanee wilh seclion 476: and
The director9 xknowledge their responsibilities f4)r ¢omplying with the requirements of the Act with respect
tij arcountin¥ rerords and the preparation of accounts.
The fin&neial statements on pages 9 to 22 were approved by the tru51ees. and auihori%d for issue on 26
Septrmber 2024 and signed on their behalf by..
J Ralnage
Chairman and Trusttt
The notes on page$ 12 to 22 forni an integral part ofthe5e financial staiement
Pagell

Sunflowers at Gra_ft.o
Notes to the Financial Stal¢rn£nl
I C&&rity 5tatu$
The ¢harity is lirnit¢d by guarantee. in¢(ffpor2ted in England and Wales, and consequently does not have sharc
capital. Eath of the trustees is liable io contribute an amouni not exceeding £1 iowords the assets of the ehariry
in th¢ ev¢nt of liquidation.
The addre55 of its re¥istered Offi￿ i5:
Sunfk)wers at C￿dfton
East Grdfton
Marlborough
SN8 3DB
Th¢s¢ financial stalcments were authori5ed for iy5uc by the tru5¢¢cs 26 Sept¢mb¢r 2024.
2 A¢¢ouN¢ln8 poli¢its
Summary of slglllfitant aeeountlng ￿lkIeS key *ecouAtItt8 estlmbates
The principal aceounting policies applied in the prepara11(￿ vf these f1118ncial s¢4i¢ments ar¢ sei below.
Thes¢ policies have be¢n ￿￿151¢￿tlY applied ¢0 all the vears presemed, unless otherwise stated.
StattThent of cornpllinee
The fina￿181 staiements have been prepar¢d tn accordance with Accounting and Repffiin& by Chariti¢s.'
Statement of Recommended P￿tICe (applicable io charities p￿par)rtg their a¢¢ounts tn a¢cord8nc¢ with the
Fin0￿la7 R¢porting Stondard appli¢obl¢ in the UK and Republic of Ir¢larbd (FRS 102)) {issu¢d in O¢tob¢r 2019)
Ichariiie5 SORP IFRS 102)}. Ihe Financial Reporting Siandard appli¢able in the UK and Republic of Ireland
IFRS 102) and the Companies Act 2¢Th.
B*shs 0(preparAtIo
Sunflgwer5 at Grafton meets the definili¢)n of a publi¢ benefit entity under FRS 102. Asse¢$ and liabiliti¢$ or¢
inilially ￿(08￿15¢d at historical cosi or transxtion value unless othenvise ststed in r¢I¢v￿( accounting
policy notes.
Colng concerD
The trustee5 consider that there are no rn8*rial uncenainties aboui the chariiys ability io contiDUe as a going
COn￿rn n(Y any significant areas of uncertainty ¢hat affea the caTryitt8 Ydlue of as5e15 held by ihe charity.
Elernption frorA preprlng 8 ¢*sb now st#¢m¢llt
Th¢ Charity opted to early adopt Bulletin I published on 2 Febnwy 2016 and have therefore not included a cash
flow statement in these fittancial statemeDfS.
locoffle and ¢ndowm¢nts
All incon]e is recognised once the cTrwity I￿ entitkmeDi io the itKom4 it is probable that the income will be
received and the amount of the income receivable can be rneasurnl reliably.
Page 12

rEn
ed31A
t 2021
Dot)ations ar¢ r¢¢ognised when rhe charity has been notified in wiling of both the amouni and settlement date.
In th¢ ¢v¢nt that a donatiori is subje¢1 io ¢onditions that r¢quire a level of pafomwce by the charity before the
charity is ¢Dtitl¢d to the fimd$. the in¢om¢ is deftrred aJM1 not recognised unril either those conditions Are ffijlly
meL or the fvlfilment of those coThJitions is w.holl> within the Cl￿0[ of ￿ charity and it is probable that these
onditi￿5 will be fvlfilled in the reportinb, period.
Granlj receiyable
Grants aTe recognised 7then the charity ha5 In ¢niitlemen¢ to fiults gmd any cordilions linked to the grant5
have been met. p¢rfoTmanc¢ COTvJitions #re attached io ih¢ grant and are yel to be met, the income is
reco￿lS¢d as a liability and included cffl th¢ balance sheet d¢f¢rred in¢om¢ io be released.
ExpertditMr¢
All expenditure is Te¢osnis¢d once there is a legal or constyuaive obligati(m to th￿ expendiDJre. il is probable
$cttleTh¢nt is ￿qUIr¢d and th¢ amount can bc nwasur¢d rcli4bly. All eosts are allocated to the applicable
expcnditurc heading ihat ag￿&are similar c08Ls ro caiegor).. Where ¢ost5 ¢annot be direcily attributed to
pmiiular headings ihey have been all￿￿1¢￿ on g b8sis ronsisieni with ihe use of resources, with central staff
cL)sly #llora¢cd on the b&sis of lime y'nl, and dLprcciation cha￿¢¥ all(￿￿ted on the porrion of the asset's Use.
Other suppon costs arc all￿ated bascd on ihc sprcad of S￿1T¢05ts.
Rolsl*gfunds
These costs are incurred in 8ttrKiin8 volwiwy income. the managemeni of invesunents and those incurred in
trading activiiie5 that raise funds.
Charllqble acllwllles
Charitsble expenditur¢ eomprises those ¢osts incurr¢d by the eh2rity irt thc dellvery of lis activiiies a￿￿ setryices
for its bL"n¢fi¢i4ric5. 11 incl￿1¢5 both costs thai can b¢ alkKai¢d dirffily lo such a¢tiviti¢s and those wsts of an
indirLYl naturc ncc¢s5ary io support them.
Support cosis
Support ¢OSts include central fundi¢)ns and have been #llocated io a¢tivity Cost ¢aiegorie$ on 8 basis wnsislent
with the use of resources. for example. al￿alIng property costs by fl¢)or aTe&s, or per capi1& Staff costs b>. the
lime speni and other ¢05ts by their usage.
CovernAnee costs
These include the cosis attributsble lo the chariiy's compliance with constitutional and Sta￿10ry requirements
including audit, strategic rnanagemeni aThl tr￿￿ee5 Jneelings and reimbursed expenses.
TaxAtknn
The charity is considered io p&$ the tests set out in Parngr*ph l Schedule 6 of the Finance Aci 2010 and
thwefore it Meets the definition of a ch8ritsble company for UK corpornion tax purposes. Accgrdingly, the
Charity is p)teniially exempt from thxaiion in respeci of income or capi￿1 gains received w'ithin categories
¢overed by Chapter 3 Part I l of the Corporaiion Tax Act 2010 or Section 256 of the TwtioD gf Chargeable
Gains Act 1992, w the extent that such income or ￿1￿5 are applied exclusively to charithble purp05¢5.
Tgnglble fixed as%ts
Individual fixed assets costing £250.00 ￿ more are iniiially recordal ai cos( less aDy substyuent Krumulat¢d
depreciation and subsequeni acclJmul&ed impairnKnt losses.
Pag¢ 13

nfloThers Ydt
heFi
tements for t
IAU
st 2021
Depreciatlon and amortisatio
Depreciati(m is PTovided on langible fixed 1gsets so as to WTit¢ off the cost or valuation, les5 any estimated
residual value, over their expected useful t￿)nothi¢ lifr as follows..
Asset class
Office equiplnent
Pre-scho()l & nursery equipment
Fixtures & fitlin8S
Motor vehicles
L£&sehold improvements
Depr¢¢l¥tlon method and rAts
j3•10 styaight line
3311A straight line
330h 5traighi line
straighi line
IO% strai8hi line
Trade delxors
Tr￿e debtors are 8mounts due from Cusiomers for rne￿handi￿ sold or services perforni￿ in the ordinwy
¢wrs¢ of busin¢ss.
Trade debtors are recognised initially at the trnisa¢iifm PTi¢e. The>. aTe subsequenil), measured at anwrtised cost
usin￿ th¢ ¢tTe¢LiW¢ intL'f¢sL mLihod. less provision for in1pai￿enl. A provision for ihe impainxenl of trade
dcbtor% 1$ e#ablishLd whLn thcrc is objective evidence tha¢ ih¢ charity will be able 10 colleth all amounts due
aceording io the original ternis of the receivables.
Cish And ¢Aih equlY•l¢nts
Cash and cash equivalents compris¢ cth on hand and call dcwsils. ojjd other slk)rt-tern) highl), liquid
investmenrs that are readily convcrtible io a knowi) amouni of cash and are subject to an insignificanl risk of
changc in value.
Trade ¢rcdilors
Trade creditors are Oblig￿10￿5 lo pay foT bMKMts or services th￿ have bttn acquired in th¢ ordinw course of
busine$5 from supplieTS. Accounts p8y¥bl¢ art classified as curreTht liabilities Èf thc charily does wi have an
unconditional right, at ihe end of the reporting perio& 10 defer settlement of the ¢rediior for ai least twelve
months after the reportin￿ dat¢. If ih¢re 15 an unconditional Tight io defer settlcmcni for at least twelve months
after the Teporting date, they are pres¢ni¢d a$ nonacurreni liabilitie5.
Trade creditors are recognIs￿ initially * the tra￿￿tion price and subsequently measureil at amortised cosi
USln8 the effective interest meth(xl.
Page 14

Sunllowers At Grafton
to the Financial Statements for I
rEn
023
Forelgn exebaoge
Trdnsactions in for¢igrt currertcies are recorded ai the rate of exchange at the date of the transaction. Monethry
assets and liabilities denominated in foreign eurrettcies * the balance sheet date aty reported at the rates of
xchange prevailing at thai dale.
The results of overse&s operation5 are translated at the average rntes of exchange during the period and their
balAnce sheets at the ratrs Nling at the baiance shffi date. Exchange differcncw ari5ins on iranslaiion of the
opening net asseis and results of overseas operati￿S are reported in other comprehensive income and
8ceumulAt¢d in equiry lat￿but¢d lo non-¢ontTolling inieresrs as appropriate).
Other exchange differenc¢s are recognised ifj the Stai¢meni of Finan¢ial Activities ITJ the peTiod in which they
arise except for..
l) ¢x¢hang¢ differe)￿¢$ on tranwtions ¢nter¢d inlo to hedge certain foreign currency ri5k5 (stt above).,
21 exchange differences arisin¥ on gains or losses on non-monewy it¢mg which are recognised in other
comprehensive income. and
3) in the case of the consolidated financial stsiemcnls. exchange dilTerences on murKl8ry iiems receivabk from
or payable io a foreign operalion for which settlcmcni is ncither planned nor likely lo o¢¢ur lthereforc fomiing
Pdrt of the n¢¢ inN'¢$tsn¢nt in ihe foreign op¢raiion). which art recognised in other comprehensive income and
reported under equil>.
Fund itructure
Unrestricted income funds are general funds are avaiiable for use ai the trus*es discretion in furtheran¢¢ of
thL' objectives of the chariiy.
1)C%ignat￿ fund5 ar¢ unrc5￿Clcd funds set a51& for sp¢cifK pwposes ai the discmion of th¢ ru*e¢s.
Restriaed income fimds are those donared for use in o particular area or for specific puryoses. the use ofwhi¢h
is restricted io thal area or pwse.
PeDsIon5 Ind other Post reilreTheDt obligatioD5
The chariry operaies a defined contribution pension scheme ￿lch is a pension plan under which fixed
contribuiions are paid irtio a pension and ihe chariry has no legal or constrnctive obligation w pay further
contrib￿lOnS evcn if the fund doe8 rKJt hold suifiticni assets to pAy all employees the benefits relating to
employee service in the current and prior pericth.
Contributions to dtfmed contribution plans are r￿08￿lSed ill the Siatement of Fitwicial Activities when ty ar¢
due. If conrrIb￿10n pa>Thents excttd the contribution due for service. the excess is re¢o8nised as a prepa￿ent.
Page IS

nflowers at Grafto
Fin
ial Statements rOLlhL¢LE￿3l Au£u$t2Q21
3 In¢o)D¢ from donations amd legaciES
Unrestrietsd
funds
Ceneral
TotAI
fund$
DonatiotLS and legacies:
t)onaiions from fundrnising events
,377
l J77
To¢AI for 2023
.377
l J77
Totil for 21)22
249
249
4 In¢ome from th#rlt#ble *etlvliles
UWV￿rictcd
f¥nds
Geoeral
Restricted
fyndi
Totsl
funds
Childcare income
433,584
4.51KJ
438,084
Total for 2023
433.584
4.5(Kl
438.084
To￿1 ftjr 1022
411.438
4.470
413,908
5 OtheT In¢ome
URr¢strl¢ted
T￿ndS
General
Total
Minibus and oth¢r income
17.326
17.326
Total for 2023
17,326
17,326
Tot#1 for 2022
1fj,280
Page 16

Noles to the FinaD
r Ended 31 AugusL2Q
6 Exp￿ditUre on eharltsble ¥etiviti
Unrejtrieted fv•ds
Dtti8ll*te
Gentr*l
Resiriet¢d
fund$
Total
funds
Note
Childcare inccone
StatTcosts
Allo¢at¢d $upwrt
05ts
Governance costs
30,757
353.423
1278
830
32.035
354.253
4,178
46.597
3.653
50.775
3.651
Tot#1 for 2023
4,178
434,430
2.108
440,716
TotAI ftsr 2022
410.263
4,470
414,733
Ir addition to the expcndilurc analysed above. there are olso gov¢rnanR c05t$ of £3.653 (2022 - £3.2171 Mtsich
relate directly to charithle a¢iivilies. See n4xe 8 for fiuth¢ff dthils.
7 Other ¢xp¢ndlture
UnreslrAeted fuDds
Dtt4n*ied
C¢Deral
R¢stri¢ted
ruDd$
Total
funds
Nole
Staff eosts
Wages and wlaries
Other ￿aff ¢osis
Depreciation. gjnon1￿l10n
and other similar ¢0
Minibus expendiiure
5,027
50
5.027
50
267
2,913
10,611
508
3,688
10,611
Totsl for 2023
267
18,601
508
19,376
Totsl for 21J22
15,375
500
15,875
Page 17

Notes lo the Fin
, h Year EndedlLuLsL2QU
8 A Thaly5b of %overnan¢e ¢￿t5
Gov¢rnan¢e costs
Unrestricted
fund5
Gentril
Totsl
fu#dJ
Independent examiner fe¢5
Examination of the fuwicial statemenr5
Oiher fees paid to examiners
i£byal lees
Other ￿0vernall¢¢ ¢OSLS
1.428
1.031
397
797
1,428
1.031
397
797
Tot41 for 2023
3.653
3.653
Tot*1 for 2022
3,217
3.217
9 Nel illeomill8loutgoln8 resoiirees
N¢L (oui80ingFincomin8 resources for the year include..
2•23
2022
Depre¢iailon of fixed assets
3.688
2,703
10 Trustttj rernunerntlon expen5
No trusiees. nor any persons corLnethed with them, have re¢eived any remuneration from the charity durin8 the
y¢ar.
No Lrustee5 have received any reimbursed expenses or any other benefiiy fr(Jm the ¢haTity during the year.
11 St8ff ¢05ts
The a88regate pa>ToII ¢osts were as follows..
2023
2022
Staff eo$ts during tht ye*r were:
Wages and salaries
Pension cost5
Other staff Costs
348,123
9,095
2.112
333.475
6,076
.133
359,330
340,684
'I'hE rnonihlj average number of persons (including senior managernent / leadership ￿am) employed by th¢
charity during the )e4r expr¢wd full cquivalents was as follows:
Page 18

Notes to the Financial St*trme
rEnd
us¢ 2023
2112J
21122
averag¢ number of persons ¢mployed
15
No eTnployee received ¢n￿luments of tnore ihall £00,000 d￿rIng the year.
12 IndepeDdemt eiaJDinerfs ￿￿￿￿erxi1o
2•23
2022
Examination of the financial s￿ements
.428
1,3&1
Other fees to exarnlners
All other services
1.031
938
13 Taxitlon
The ¢haTity 15 a r¢gi5¢¢r¢d charity and is the￿rore ex¢TllP¢ from tyK*ion.
14 TaTh%ibk fix￿ *$J¢ts
LAnd #nd
buildin89
Furniture and
equipment
Other t•ll%lble
fIX￿ Asset
Motor vehlcles
TotAI
Cost
Ar I Septernbcr
2U22
Additions
7.389
2,709
4.359
26.230
22,463
60.441
2,709
At 31 Augusi 2023
10.098
4,359
26.230
22.463
Depreelatlon
At I September
2022
Charge for th¢ year
4.723
860
3,641
385
26230
17.853
2,443
52.447
3.688
At 3 l Augwsl 2023
5,583
4.026
26.230
20
96
56.135
Iyet book vallle
At 31 August 2023
4,515
333
2.167
7.015
At 31 Aug￿1 2022
2,666
718
4,610
7.994
Included within the net book value of laThl and buildiny above ￿ £Nil (2022 - £Nil) in respect of freehold land
and buildings and £4.515 (2022- £2.606) in respect ofieaseholds.
Page 19

Tr'inaneial
IS Debto
21123
2022
Trade debtors
Prepayments
Other debtors
19.755
4,058
689
16,898
4.373
24,502
21,271
Trade debtors include debt t1￿ is currentty due for paywt totslling £5.78412022.. £J.402)
16 Cgsh ind cash equiv*lertts
2023
2022
Cash at bank
69.346
75,461
17 Credliors: I￿0￿nIS fallln¥ due wiihiD one ye•r
2023
2•22
Trade creditors
Other creditors
Accruals
657
7.256
5.297
1,299
7.157
5,312
13.210
18 Penslon and olher sehemes
Dtfind ¢ontribu¢loa penjion scheme
Thc charilv OPLrates a defined contribution pension ￿herne. The pension CO￿ charg¢ for th¢ y¢ar represents
onlribution4 pav&ble by ihe chariiy io ihe %heme and amount¢d ¢0 £9.095 (2022- £6,076).
Page 20

Notes lo the FID
nts for
nd¢d 31 Augu&L￿3
19 Funds
Balanee It I
Seplember
2022
RalYiDce at 31
August 21123
expended
UDrestrict¢d fuDd$
Gener41
General fuNI$
19.958
452.106
(452,850)
19214
DesI%n￿ed
Contingency r¢serve
Buildings and grounds- essential
mainenance and improvements
55.0
55,000
15.OlJ)
4,445)
10.555
70,000
4,445
65,555
Tot41 unrnstri¢ted fond$
89.958
432,106
1457.2951
84.769
Restricted fuAds
Grant income
Inclusi￿ fibndjng
Total restricted f¥Trds
1.000
(500)
(2,116
50LI
2,384
4.51YJ
4,500
2,616
2,884
Totsl fundj
90.958
459.911
B*l*nce at I
Septtrnber
2021
B#l•nce #t
31 August
21122
lweoming
Rtsourees
expeDded
Trgn$fers
Unre5trlct¢d funds
Genernl
General funds
22.628
427,967
(42J,637)
15,000)
19,958
Deslznaied
Contingency reserve
Buildings and grounds-
¢ssenti41 main¢nan¢¢ atMI
improvEm¢nts
50,(KK)
55,000
15.IXX)
15,000
65.(
5.IKJO
70,000
Total unrestrieted fMn(Ls
87,628
427,967
{425.637)
89,958
Restricted
Grdnt incom¢
1.51X)
4,470
{4.970)
1,000
Total fMDds
89.128
432.437
1430.607)
Page21

t Grafton
Notes to I
20 Anatysis of n¢1 *ss¢ts betw¢¢n fvod$
At i l Auw&i_?_Q23
Total funds Al
31 August
2023
Unrestricted funds
Gener81
Designlied
R¢stritt¢d
funds
TEngible fixed a%8ets
Cutten¢ assets
Current liabilities
4.341
93.848
{13,210)
1.590
1.084
7,015
93.848
li.210
Total nei assds
84.979
1,5(MJ
1.084
87,653
UDrestrlcted
Totgl funds at
31 August
2022
Re5tr1¢ted
fundg
General
Tangible fixed &sseis
Current &ssets
Current liabilities
6,994
96.732
113.768
1,000
7,994
96,732
13,768
T￿al net assets
89.958
90,958
21 Rel#t¢d pArty t￿￿￿etionS
There were no relaied party transaction5 in ¢he year.
22 Off-bal*nce Jheet arrnn¥ements
The charity has enier¢d inio a le&se agreement for the use of a mintlyjs. As ￿ 31 Augu51 2023 the charity is
committed to pay £3.60012022.. £7,200) over the tem) of the leaqe.
23 Analysi# of net
Septernber
2022
FiA*ttCill¥ eash At 31 Aug4st
flows
2023
Cash at bank and in hand
(6.115)
69,346
Net Ikbt
6,115
69.346
Septernber
2021
iTrgncing fash At 31 August
flows
2022
Cash at bank and in hand
67.390
8.071
75,461
Nct debt
67.390
8.071
75,461
Page 22