Company registration number= 08100944 Charity registration number= 1147882 Sunflowers at Grafton IA company limited by guardnieel Annual R¢port and Financial StsiemeTrts for the Year Ended 31 Augu51 2024
SunfloH'er5 at Grafton Contents Reference and Administrative Ikrails Trusrees, Report 2to6 Siatement of Trusiees. Responsibiliiies Independ¢ni Auditor5. Repon 8tolO Staiemeni of Fillpncial Aciivities Balance Sheet 13 Noies 10 the Financial Staiemenis 14to25
sunfl0ers at Grafton Reference and Administratii'¢ D¢lai15 Chairrnan J Ratna8e Secretary S England Ch4rit)' Regisiration Number 1147882 Companj RegisirntioN Number 08100944 The charii!. is incorpordied in England and Wales. sunfl0"erS at Grafton Easi Grdfton Marlborough SN8iDB Reeisttred Offkce Independent Examiner Sansum & Co Limiied l Meadow Vi¢ High Streei Burbage SN8 )AF Page I
SunfloTb"er5 at Grafton Trustees, Report The miee5. who are diretiois for the pury)0ses of companv la. preseni the annual report (o&k¢ther with the rjnancial siaiemenis and audiiors, iepon of ihe chariiable compan} for the Near ended 31 August 2024. Objectives and acti*itie5 Obje¢ts 4nd aims To enhance the difvelopmeni and education of children under sthiuiorn school age and of primary whool age by encouraging parents io understand aTrd proviile for the needs of th¢ir children and by= Offerinu appropriate pla¥. educaiion and care facilities u"ithin the coni¢xt of a welcoming and healthy environment and ensuring provision of opkN)rtunitie5 for all ¢hildren regardless of iheir rdce. cultu. religion, means or ability.. Providing opportunities for parents and member5 of the communit). to thk¢ responsibility for. and io become involved in. such wiiviiies: Working it] partnehIp wilh paient& orgaTri&wion& professiona15 and the local community io ensure the need5 of families and their children are mei: and AdanCIn& the educaiion al trntning of in the provision of such play. educaiion and care facilitie5 as described above. Page 2
Sunflow"er5 at Grafion Trnst ort Objeclive&, sira¢egieF unduciivlile (r rnain aciiviiy is the provision 0[gre chkldcare on a not for profti basi5, ]ch utilise5 our beautiful natural surroundin£s. Specifi¢alls'. Ofsted registered nursery care for babies and children 10 5 )'ear5. from 7.$0am to 6pm for 51 weeks each year., Ofsted reoister¢d oui of School car¢ for primaTh schiM)I children. speciftcallN" breakfasi. after school and holida% clubs- and Dailv schwl Iran5POrt for parish children to one of ow local primar>. schools. The wai. we work Children are at the hean of ewewhing w'e do and ai the top of the list Is making sure that all children have fu feel safe and are learnin(y and developing. Alonu th¢ line we make Sure that all ihe relevant staiutory boxes are licked and thai all our papeTh¥ork is in good order. The way we work is guided by our core values: Nawrdl. Community aTKI Growin Natural - Outdoor adventures ar¢ fundamental 10 ihe sunflow.ers ai Grafton experience. We put a5 tnuch time, thought. planllino and resourcing inlo our outdoor space as t do io our indoor environmeni. creaiing a place in hich every child can corfft¢ci wilh nature. We I0e the ouldr$. we love naiure and love all Ther$. We k¢¢p ihings simple. honesi and Practical - from our rel&ionships with our families. io policie%. procedures and pricillg. Communit) We are pan of a ihriving rurdl community which is incredibly supportive. We encourage ever)'one. including parents, our ieam and meTnbers of our local community lo play an active part itl our prog)ress. We work rogeiher so that the children ai Sunfl0"ers have ihe most fanla5ti¢ experiences which will give ihem the best possible foundaiions for life. Sunflowers Grdfton is a registered charity, b&sed in building5 previously occupied by the parish school which closed in 201 l. Every pennj. ofsurplus income goes into making Sunflowers an even better place. Groming . We are continuall) exploring Wa in which do things better and encourage fe¢dback from families. our ieam and the comrnuniry io help us improve. Our aciivities are managed and rnn by a qualified. professional team. Sunflowers ai Grafton is a signifi[ local emplo}er. wilh ov¢r 20 full-iime anil part-tir¥te employees. The majority of these roles are filled by residents of Grafton Parish or neighbourinu Parishes. We have high e¥p¢uaiions and ever%. ¥nember of Ehe team plaNs a k¢v pan in our success. Roles and responsibiliiies are clearl¥ defined and the team work. logher effeciivelj io deliver an amazing service. We look for regular opportunities io involve members of our lo1 community to share their skills. expertÈse and time on a volun(aTh basis. Sunflowers at Grafton is commilled io safe.¢wuardtnu and promIng the welfare of our children and expects our stafy team and volunieers io share Ehai Commitment. Pa£e 3
Sunflower5 at Grafton Truslees, Re Achie%'erneDIS and perforrnance This is noi a lear on which w'e shall look back wilh undiluted pleasure. Il 35 an annus hotTibilis dofflinated by Iwo minibus thefts. the firsr in Sep(eniber 2023 and the second in April 2024. Following the September (heft and burning out of our 15-seat rninibus our fundraising enabled security itnprovemenis in our grounds. Despiie Ihese securiTh' measures ow 12-seat mintbus was stolen on Easier Monda}. and found burni oui earll ihe follow'ing morning. The proceeds from fundrdi5Éng aciiviiies large and small. togeiher wilh insurdnce monies for the vehicle we oMTred and incredibly generou5 donations. all0ed us io purchase ihe firsi replacement vehi¢le in June. We hope to be a p051tion to replace ihe second vehicl¢ in earls 2025. That we managed through the lear w'iih no disruption to the services ihai rels. on ihis transpon was nothing short of a mird¢le iesiament both io the management team and io the immense kindnes5 and g¢nerosiiy of friends across the communiil and further afield who rallied around to SUPPOrt. Throughout ihe )ear w¢ ¢oniinued io see chanucs Éli the landscape for wraparound care. specifically breakfast. fter school and holida%. clubs. and ihis heightened b) the change o( goi'ernment in Jul).. Securing income from our Wrydpar0nd care a5 a prioriD' and ihe mosi significant response Was the opening of a breakfast club Sunt10eTs at Grafion based at one of our Ial PrimaTh' School%. Team welfare. well-bein? and recogniiiorE are alw'avs a priority. and the siabiliiy of our permanent ieam reflects this. A commitm¢ni io education and iraining. celebrdting individual mhlesiones and keeping our salaries in the upper quartile for Ihe early e3T5 Sector are all imponani parts of this commiimeni. During this year we implemenied an additional increase in lees in order io ¢oTriinue to keep our salaries ahead of ihe large increase in National Living Wa¥e. The impact of the minibus iheft5 was felt mosi keenly in the diversion of lime and energy away from progressing the objectives of lasi }'ear's straiegic review which is a frustration. We look fonvard w being able io move forward in ?024'25 Public benefil The iTUStees confirm thai ih¢! have complied "11h the requiremenis of srttion 17 of Ih¢ Choriiies Act 2011 to have due Tegard 10 the public benefit guidance published bN" the Chariiv Commission for En&rland and Wales. Our commitment to a p05iiive impaci in the Parish r¢mains undimmed. In addition io providing community access io our 00dland and plavground and supportino communiTh evenis we have an annual programme of activities incllldinLY SUPPOrt for our Parish bab% and I(JdIer gmup and organising our annual Macmillan Coff¢e Mornin¥ and Parish liiier pick. Over recent Near5 e have been deligbhied io ini'olvc more N'oung people through offering volunteering opportuniites io supwn local sludenis w'orking iowards rheir Duke of Edinburgh awards. Page 4
Sunflow'ers at Grafton Trnstees, _R¢port Fin3ncial rei.iew Dllring rhe ?O?i-24 reportina period Sunflowers at Grdfton received incorne iotallin8 £562,778 {2023.. £4i6.787). The majoriry. ol'ihis comes from ¢hildcare fees and ¢arly vears fundin Expenses total £494.402 1202i'. £460.092). Salaries. propert}" Costs and Consumable5 relaiing to the provision of childcare servi¢e5 are the highe51 expense iiems. £i81 of these expenses are set againsi the Building and Ground5 Fund sei aside in 2021 tor essential building and mainienance. Funds to recover from ihe iheft of our rninibuses reached just over £59.0(M) the end of the >'ear- Ihis total rnad¢ up of Insrance monie5. donations and fundrai5Lng W'e speni £40.846 on grounds security. Ihe costs a5clared Mith inrerim replacement vehicles and the purchase of a replacerneni vehicle. The remainin& just over £18,000. is Caled over 10 ?0?4'25 Tru51ees are pleased io report thai. if we exclude ihe im1 of the minibus thefts from income and expense figures. we see a return io a small SUTplus for ihe )ear. Polic) reierve5 In setting our reserves policy Me are consCiOU5 of the need io ensure thai suffieieni reserves exisi to enable normal operating aciivities to continue in the eveni of varia11% in income and to take accouni of essential unplanned eXndi1Ure in Èhe )'ear ahead. Th¢ balance of unresiriaed fund5 ai the end of Augus1 2024 was £153.172 1202).. £84.769) and includes ihe follow'jno designaiions.. Coniintsenc} reserve £65.000120) )'. £$5.000) General fund £88.i461?0?" £19.?141 Bllilding and LFrollnds fiEnd £ l 0.1741202).. £10.5551 minibus and security £18.2501202i.- £Nil) Trustees have a55es5ed th¢ risks faced bl. the organisaiion and iheir likel). cost implications and aim to build our Contingenc% Reserve Fllnd io £114.000 which equaies io i rnonihs of oper&ional expendiiure. Whilst our Contingen¢J Rekrve remains belom the desired l¢vel rrusiees are comfortable wilh overdll level of reserves and consciou5 that building rtserves io £114.000 will be ditTicult io achieve. Reserves will be moniiored quarterly bv the looking boih & current free reserves and the forec&5t position for rhe vear end. The ¢nsures rernedial aciion Can be taken qlli¢kly in the event of an unexpected. significant. or irreversible deficit. Page 5
Sunflowers al Graft Tru51ees'_Report Strueture• go%ern*nce #nd managemen¢ OrRanisuiion&l slruclure Sunflowers at Grafton is a charithble Company limited by glkaraniee. The organi5ation 15 governed bv a Board of Trustees. F_ach irusiee 15 required io be a dire¢Tor of the companv. Ai each annual general me¢itngp one_third of Irusiees must reiire from office and are then tniitl¢d io stand for re•eleciion. The directors and board of trustees Tne¢i 4 limes a lear io decide such mallers as strategic policies and major de¢i5ion5 relaiinL 10 the alTairs of Sllnflomers at Grafton. The board of rnsrees is specifically required to deiemine ehildcare fees and io lake responsibilih. for ihe organisaiions a%5et5. Each of the trustee5 suaranttts to pa). Ihe sum of £1 in the event of insolvency. A memorandum of associlon is in place which deiails the objective5 and powers of ihe chariij and it ts governed by anicles of associaiion. All sitt5 and voluntttrs give of their lime freely and no remunernion or expenses w'ere paid during the reporting peri]. A Business Manager reports io the Board of Trustees and leads the Senior Leadership Team ISLT) which manag>es the daY-tdaY operations. Tru5te¢s and officer5 The Irusiees and ofticers serving durinu the vear and since the )tar end were as follows: Trusiee5'. T Rea). S Mccalla N Aire} J Rainage G Winn {Resign¢d 25 November 20241 Chairnian.. J Ratnage Secretary= S England Disclosure of inforrn8tion io audii•r F.ach trustee ha5 iak¢n sieps ihat the%" ouqht ro have tak-en as a irnstee in order io mak'e ihemselves aware of anv relevani audit information and io establish that the chariTr's auditor is aare of thai inforn)ation. The irustees eonfirm thar there is no relevant inforniaiion thai theN" know of and of which the) knom" the audiior is unaware. The annual report was approved by the trustees of the chariiy on 2 June 2025 and signed on its behalf by.. J Ratnabwe Chaimian and Trn5tee Page 6
Sunflow'ers at GrAfton Statement of Trustees, Responsibilities The trusiees (who are also ihe director5 of SunfloM"ers ai Grdfton for the purposes of compan) lawl are responsible for preparinu the Inlee5. rewTrrt and the financial 51atemenis in accordance lIh applicable la and United Kingdom Aecouniin£ Siandards (United Kingdom Generdll!. Accepted Accoyniing Prdcticel, including FRS 102 "The Financial Reponin(T Siandard applicable in Ihe UK and Republic of Ireland" Cornpany law require5 the Iru51ees io prepare fin3nCLal siaiemenis for each financial }'ear. Under C{7p&V law Ihe irustee5 must noi approNe the financial siai¢ments unless thev are saiisfjed ihai ihe) give a mie and fair view of ihe sthie of affakrs of the charitable compan) and of ihe incoffling resouwes and application of resources, includEng its income and expendiiure. of thc charitable compan), for thai period. In preparing these financial siatemenis. the trustees are reqtsired to= Select suitable accountin¥ policies and appl) them ConsienTly. obs¢rv¢ ihe method5 and principles in the Charities SORP= make judLyemenis and eS1imaies that are reasonable and prudeni. state %hether applicable accountinv standards. comprising FRS 102 have b¢en followed. Subject to any material departures disclosed and ¢xplained in ihe financial suements: and prepare ihe findCial staiemenis on Ihe going concern basis unless it is inappropriate to presume that the charitable compan) M'ill continue in busine$5. The irnsieLS are responsible for keeping proper accounting rwords ihai can di5c105e with reasonable accuracv at any time the financial position of the charitable compank and enable ihem io ensure that Ih¢ financial siaiement5 comply with the Companies Act ?006. TheN are also responsible for safeguarding the assets of th¢ chariiable compan} and hence for tak'ing reasonable sieps for the pr¢%'ention and deieciion of fraud and other irregularities. The trustees are Tesponsible for the mainlenance and iniegritv of ihe corporaie and financial infomiaiion included on the chariiable ¢ompan} s w¢bsiie. Legislation qoverning the preparaiion and dissemination of financEal statements ma}. differ from legislation in other jurisdictions. Approv¢d by the tru5tee5 of ihe charity on 2 June 2025 and signed on its behalf b>.= J Ratnage Chainnan and tnlee Page 7
Sunflom'ers alGrafton Independent Auditor's Report lo the .Members of Sunflowers at GraftOD Opinion We have audiied the financial siaiements of Sunflowers ai Grafton (the 'chariiy'} for ihe year ended 31 Augu ?024. which comprise the Siatemenl of Financial Acii%'iiies. Balance Shee(. and Notes io ihe Financial Statements. includino a summarn of 5ignifJcani a¢¢ouniin¥ policies. The finantial retM)ning framework thai has been applied in their preparation is United Kingdorn Accounting Siandards. comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and appli¢able law (United Kingdom Generally Accepted Acconi1ng Practice). In our opinion th¢ financial %taiem¢nrs'. (pive a irue and fair view. of ihe slate of lh¢ chariil s affairs as ai i l August 2024 and of 115 incoming resources and applicaiion of resollrces. including lis in¢ome and expenditure. for ihe year then ended.. have been properlv prepared in accordan¢¢ wilh United Kingdom (ienerdll> Accepi¢d Accounting Prdttice,. have been prepared in accordance with the requirements of the Cornpanies Aci 2006. Basi$ for opinio We eondiicied our audii in accordance with International Swidards on Auditing (UK) {ISAs (UK)) and 8pplicable la. Our r¢sponsibilities under ihose sthndards are further described in the auditor responsÈbilitie5 for the audit of ihe financial 51atemenis seciion of our repon. Ille are independ¢ni of the charity in a¢¢ordance with the ethical requirements that are r¢levani io our audit of the financial statements in ihe UK. including the FRC'S Eihical Standard, ond M'e have fulfilled our oiher ethical responsibiliiies in accordance with these requirernenls. We belIee (hai the audii evidence e have obrained is 5uITicieni and appropriaie lo provide a basis for our opinion. Con¢lusion5 relating to going CODcern In audiiinu the financial siarements. M'e have Concluded th21 ihe Inlet$ Use of the going concem basis of accounting in the preparaiion of the finoncial statements is appropriaie. Based on ihe work we have perfornied. we have noi identified anj material uncertainiies relatin8 to events or ¢ondiiions that. individuall). or ¢ollecEiel%. ma% casi si7r1caTht doubl on the charit%"'s abili¢y 10 continue a5 a going conrem for a period of at least iwel¥e months from 'hen th¢ original financial 5Lltern¢nts ere authorhsed for issue. Our responsibilities and (he re5pon5ibilitie5 of the irusiees "Èth respea io going coneem are de%ribed in the relevani seciions of this r¢porn. Oiher informtiot) The inlee5 are responsible for the other inforniaiion. The other inforniation comprises the infomiaiion included in the annual repon. oihei Ihall the financial siaiemenis our auditor 5 report thereon. Our opinion on the linan¢ial 5taltments does noi coker the other inf0Mtion and. eNcept io ¢he eNteni otherwise expli¢itl)' stated in our r¢pon. w'e do not express an%. fomi of as5ufdnce conclusion thereon. In Connection with our audit of the financial 5tateTnents. our responsibiliTh' is io read the oiher infomaiion and. in doing so. consider wheiher ihe other infortnaiion is maieriallN' inconsisieni tIh ihe financial staiemenis or our knowledge obtained in the audit 01 otherw"i5e app¢ars io be maieriall). misstaied. If we idenlify such material iftconsistencies or apparent material missiatement5. %e are required to deierniine h¢Ther there is a maiertal missiaiernent in ihe rtnancial statements or a Tnaierial misstoiemeni of the other infom)ation. If. b&sed on th¢ work t have perfornied. we conclude thar there is a material missthiement of thts oth¢r infomiaiion. we are required io report ihat faa. We have nothing to repon in this regard. Page 8
Sunflowers at Graf¢on Independent Auditor'5 Report to the Members of Sunflow¢r5 at Grafton Opinion on oiher matter preseribed b) the Companies Acl 21106 In our opinion. b&sed on ihe iwork undenaken in the course of the audii= the inforniation given in the Trnsiees, Report for ihe financial year for whtch the financial statements are prepared is consistent with ihe financial staternents. and the Tru51¢es' Report has b¢¢n prepatd in accordan¢¢ Mith applicable legal requirements. Matters OD h1¢h we #rt required to report b) exc¢ption In the li&Tht of our knom ledoe and undeT5tandiTr? of ihe ¢harit)' and its environment obtained in the course of the audii. we have noi ideniified tnaierial missthiemenis ill ih¢ Trusiees. Report. We have nothing io report in respeci of the follow'irhg mauers h¢re the Companies Act 2006 requires us to report io you if. in our opinion.. adequaie ac¢ouRting records have not b¢¢n kept. (K retwns ad¢quaie (or our audit have noi been received riom branches noi visited b} us= or Ihe linancial 5tai¢menLS are noi in agreemeni with ihe acwuniing records rewrns; or certain dÉsclosure5 of trustees remuneration Specified bl law are not made: or we have not received all ihe infoTrnation and explanation5 we require for our audit. Responsibtlities of trusiees As explained more fullv in rhe Siaiement of Tru51ees' Responsibilities Isei oui on p(Fe 7). the trusrees are responsible for the preparation of the fjnancial statemenis and for being saii5fied thai ihel, give a true and fair view. and for such inrernal control a5 the mistees deiemiinc is necessary to enable ihe prepardiion of financial siaiemtnts that are free from material misstatemcnt. w'hether due to fraud or error. In preparing the rtnancial staiemenis. the trustees are responsible for assessing ihe charity'5 ability to continue as a goin£ concern. disclosing. as applitable. mallers relaied io going conc¢m and using the going concern basis of accounting unless ihe 1rn51ees eiih¢r iniend io liquidate the charity or io Cease operations. or have no realisti aliemaiil'e bui to do so. Auditor re5POn5ibiliiies for the audit of ihe financial 5tatetnents Our objecti*es are 10 obtain reasi)nable as5ufdnce aboui Mheiher Ihe financial siaiements as a m.hole are fre¢ from marerial misstaiement. w"hdher du¢ ro fraud or error. and io issue an auditor s rep(Trrt thai includes our opinion. Reasonable assurance is a high level of assurance. but 15 not a guardniee ihai an audit conducied in accordance w'ith ISAS {UK) will alwa)s deieci a material missiaiement it exisis. Miss¢aiements can arÈse from fraud or eOr and are considered material if. individuall) or in ihe awegale. thev could re&onably be exp¢cied io influence the economic deciSLOnS of users iaken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities. including fraud is delled below.- Our audit procedures are designed primarili 10 eipress an opinion on ihe financial sthiements as a whole and. consequentl!,. do noi provide absoluie assurance that all irregularities. including fraud. will be detected. Hoever, in designing our audit. we considered ihe chariry 5 internal contro15 ielevani 10 the preparation of ihe financial statements in order to design audai procedLsres thai are appropriate in the circumstsnees. These procedures included inquiries of management. analltical review. iesiing of selected trdnsaaions. and evaluation of the overall control environment. While the risk of not detecting a maierial missiatemeni due io fraud is hioher than for one resulting from error. we have exercised professional skepiicism throuu out the audii and considered ihe possibilii}' of manageTnent override of controls or collu5È0n. Based on the pr(edureS perfomied. did noi ideniify. any material irregulariiies or instance5 of fraud during the audit peri. Page 9
Sunflow'ers at Grafton Independent Auditor's Report to the Members of Sunllower5 al Grafton Use of our report Thi5 rtpon is made solelv to the charithble companv'5 tru51ees. as a bodN'. in accordance with Chapter 3 of Part 16 01. Ihe Cotnpani¢s Aci ?006. Our audii work ha5 been undenaken 50 ihai we might 51ate io th¢ Charity's tW5Tet5 thosL ma¢t¢T5 ¢ are requtred 10 51aie io them in an auditor > report and for no oiher purpose. I'o the fullesi eKient perniiiied b) laM'. we do noi accept or assurne responsibilit%. (o ansone other than ihe charitable compani, and its tTU51ees as a bodj. for our audii Ork Cor this re or for the opinions we have formed. (Senior SiatuloTh Auditor) For and on behalf of Sansum & Co LimÉted. Sthmrory Auditor l meado View Flioh Sireei Burbane SN8 JAF 95 June ?0?5 Page 10
Sunflow'er5 at Grafion Statement of Financial _Actii'ities for the Year Ended 31 A_ugust 2024 (Including Income and Expendi¢ure Account an Statement of Totgl Reeo -.nised Gains and Losses) Totsl 2024 Unresiricied Restricied Incorne and Endowments from: t)onarions and legacies Chariiable a¢tivitie5 Other income i9.894 489.i49 22.920 39.594 499.964 ?2.920 10.615 Total Incom¢ 55? 16j 10.615 562,778 Eipendiiure on- Raising lunds Chartiable activities Other expendilure {7831 481.925) {7831 1491,1961 12,4231 {9.271) {1.2481 Toial Expendiwre 148J.88il {10.5191 1494,4021 Net income 96 68.i76 Net movement in fund5 68280 68,376 Reconeiliaiion of funds Total funds broughi forward Total fwids carried forward 84.769 87.653 19 153.049 2.980 156.029 The notes on pages 14 to 25 form an inregrdl part of the5¢ financial statements. Page 11
Sunflo r5 at Grafton Stalement of_Fill2n¢ial Activiti¢5 for the Year EndeJl.11 Au (Ineluding IneomE3nd Ex enditure Account and Stalcment of Total Re¢ognised Gal and Losses) For the j'far ended 31 August 2023 Total 2023 Unrestricttd Re5tricied Note Incomt and Endowments frorn: Donations and legwaeies Charitable aciiviikes Other income 1.377 4ii.584 17.i26 1.377 4)8.084 17.326 4,5(NJ Toral Income 452.?87 4.500 456.787 Expendilurt on: Charitable activities Other expenditure {4i8.6081 118.8681 12.1081 1508} 1440.7161 119.3761 Total Expendiiure 1457.4761 12.616} 1460,0921 Net lexpenditur¢Vincome 15 189 1.884 li.i0S1 Net movement in funds {$ 1891 1,884 li.)051 Reconciliation of funds Toial funds broughi fon¥ard 89.958 i.o¢x> 90.958 Total funds carried forward 19 84.769 2.884 87.65) All of ihe charity's activities derive frotn coniinuing operations during the above nvo periods. The funds breakdo7) for 2023 is shown in 19. The notes on page$ 14 10 25 form an iniegra] part of thes¢ financial ststements. Page 12
ow'ers at Grafton {Registration number: 08](944) Balanee Sheet as al 31 August 2024 2024 2023 Nole Fixed asleis Tangible assets 14 36228 7.015 Current assets Debtor5 Cash at bank and in hand 15 21.717 24.502 69.346 16 142.858 9),848 Crediiors: Amounis falling due hithin ver Net Current assets 17 123.057} (li.2101 119.801 80.6i8 Net ass¢1s 156.029 87.65) Funds of the chariti.: Restricted income funds Resiricied funds 19 2.857 2,884 Unrestricted income fund5 Unrestri¢red funds 15i.172 84.769 Toial fund5 19 156.029 87.653 The flnancial 5tatemenis on pages 11 10 25 were approved by the tyuses. and authorised for issue on 2 June 2025 and sigfted on Iheir behalf by.. J Ratnage Chairnian and Trnstee The notes on pages 14 25 forni an iniegrJl part of these financial ststements. Page li
SunfloiTr¢rs ai Grafton Notes to the Fi .Janeial St4tements for the Year Ended 31 AuLusL2024 I Charity. st8tus The charii!, is limited bv guardnttt. incorwrdied in England and Wales. and ¢onsequenil)' does not have share capital. Each of the irusiee5 15 liable io contribute an arnouni noi exceedin? £ I towards the assets of rhe charitv in ihe event of liquidation. The address of lis regtstered otTice is- sunflow.ers ai Grafton Easi Grafton Marlborough SN8 30B These fJnan¢ial statements were auihorised for Èssue by the trustees on 2 June 2025. 2 Actounting policies umm#rTr' of significant accouniing policies and ke) accounting estirntes The principal accounting policies applied in the preparaiion of these financial siaLemen15 are set out below. These policies have been consisientli applied io all the )'eaTS pre5eni¢d. unless otherw'is¢ ststed. Siaiement of complianc¢ The financial staiemenis have been prepared in accordance "ith Accountinu and Reporting by Charities.. Siaiement ot Recommended Ptactice (applicable to chariiies preparing iheir accounts in accordance with Ihe Financial Reponing Standard applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191 (Charities SORP IFRS 10211. the Financial Reporting sdard applicable in the UK and Republi¢ of Ireland IFRS 102} and ihe Companies Aci 2006. Basts of prep#ralio Sunflowers ai Grafton meets the definition of a public benefit entiTh' under FRS 102. Assets and laabilitie5 are initiallv recognised at historical cosi or irdnsaction value unle55 oiherwisc 51aled in the rele&ani ac¢ounting policy notes. Going concern The iru5tees consider thai ther¢ are no maierial uncenainties abo the charitvs ability to coniinue as a going concern nor any si£rtificant areas of uncenaintv affect ihe tanying value of assets held by the charity. Exemptton from prerIng a cash ff SiiemeDt The chariiv opted io earlv adopt Bulleiin I published on 2 Febnwy 2016 and have therefore noi included a cath flow siatement in these financial siaiements. Incorne And tndowm¢nts All income is recoLnised once the charii!. ha5 entiilemeni lo the income. il 15 probable thai the income will be received and the amouni of the income receivable can be measured reliably. Page 14
Sunflow'ers at Grafion Notes to the Financial Statement5 for the Y¢8_r Ended 31 Au ust 2024 Donoliolls and legacie5 DonatlOn5 are Tecognised when the ch3ritv has been noiified in w'riting of both the amouni and senlem¢nt date. In the een1 ihai a donation is subject to condiiions ihai requir¢ a l¢vel of perfomiance bj the charitv b¢fore the charity is entitled to the funds. the in¢ome is deferred and not recognised llniil either ihose conditions are fullv meL or ihe fvifilrnent ofth05e condilions is whollv within the control of the charity and it is probable that these conditions w'ill be lulfilled in the reporting period. Gronls receivable Grallt5 are recognised *hen the charit%. ha5 an eniiilemenr io the fvnds and an conditions linked io the grant5 have been rnei. Where perfotrnance conditions are attached io the wi and are sei io be mei. Iht incotne is re¢ognis¢d &5 a liability and included on the b8laTKe sheet as deferred income to be released. Inve&imeni income Dividends are recognised once the dividend has been declared and noiification has been received of the dividend due. Eipendi¢ur¢ All expenditure is recognised on¢e there is a legal 01 construciiie obligaiion io ihai expenditure. it Is probable settlemeni is required and the amount can be measured reliablN. All cost5 are allocated io ihe applicable expenditure headinl that awe¥aie similar costs io thaL caie?oTr. Where C0515 cannoi be dire¢Lly attribuied to particular heading)s thej have been allocated on a basis con5151eni with ihe use of resources. M'iih central staff costs allocaied on th¢ basis of lime spent. and depreciaiion Charges allocai¢d on ihe portion of the assd-s use. Other support Costs are allocated b&5ed on the spread of sthff costs. Rdisin%lunds Th¢5e cost5 are incurred in aiiraciing volunw), income. the management of investments and ihose in¢urred tradiR¥ activities thai rdise funds. Chariluble a£'tiv'ilie5 Charitable expendiwre COTnPri5e5 those costs incurred b!. the charity, in the delii'er¥' of its aetivities and services for lis beneficiaries. It includes both cosis ihai can be allocaied direCLI io such activities and those costs of an indireet naire necessary io suppon ihem. Support C0515 Support cosis include ¢entrdl fianciions and have been allo¢ed io aciivity cosi cai¢gorie5 on a ba515 consisteni with the use of resource5. for exatnple. allocating prOkY costs by floor are&s. or per capit& staff cosi$ by the time speni and oiher costs b) Iheir usage. Govern&nce cost5 These include the costs anributable io the charits's compliance wilh constiwiional and staiutory requiremen1& including audit. 5trdiegic rnarhaoemeni and irusiees meerings and reimbursed expense5. Tzxatio The ¢hariiJ is considered io pass the test% sei out in Paragrdph I Schedule 6 of the Fingllce Act 2010 and therefore it me¢(s Lhe definition of a charitable compan!" for UK Corporation purposes. Accordinglj. the charirs is poienihall}' exempi from thxa¢ion in respeci of income or capital gains received within categories covered bl. Chapr i Part I l of the Corpordtkon Tax Aci 2010 or Sertion 256 of the Taxaiion of Chargeable Gains Aci 1992. to the exieni that such income or gains ar¢ applied excluskvel>' ro charithble purposes. Page 15
Sunflom'ers ai Grafton Notes to the Finaneial Stalcm¢nts for th_e Year Ended 31 AugusL20_24 Tangible fixed assets Indii idual fixed asseis cosiing £250.00 or more are iniiially recorded ¢os¢ less any subsequent &¢¢umulated depreciaiion and subscqueni accurnulal impaimieni l¢)sse5. Depreciation aDd amortisation Depreciation is provided on langibl¢ fhxed a55ets so as 10 WTite off ihe com or valu*ion. less any estimaied residual value. over their expecied useful economic lif¢ as follows- Assei class OtTice equipment Pre-school & nurseTI' equipment Fixtures & finin¥5 Moior vehicle5 Leasehold irnprovemenES Depreciation method and rate jj siraighi liThe 33 /• siraighi line j30/1l Straight lÈne 20010 straighi line strai¥hi line Trade debtor5 Trade debiors are atnounis due from customers for M¢h8nd15¢ sold or services perfomied in the ordinary COUTse of busine55. Trade debtors are r¢cognrsed rniiially ar ih¢ trznsaciion price. TheN are subsequenilj Tneasured ai amortised cosi using Ihe effeciive interest meihod. l¢ss provision for impairmeni. A provision foi the impairnieni of trade debtors is esiabli5hed when ihere is objectie eviden¢e th the charity will not be able to colleci all amounts due according 10 ihe Original tertn5 of ihe receivables. Cagh and c8sh equivaleDIS Cash and cash equivalen15 comprise cash on hand and call dep051ts. and other short-iemi highlN' liquid invesimenis thai are reads1) con&ertible to a kno amouni of cash and or¢ subject to an insignificant risk of change in vallte. Trade creditors Trade creditors are obligations io pay for goods or servi¢¢5 that have been acquir¢d in the ordinary course of busines5 from Suppliers. Accounts pa)2ble are classifhed as cUent liabilities if ihe chariN doe5 noi have an nconditional righi. ai the end of the rewning period. io defer senleTneni of ihe cr¢diior for ai least twelve tnonths after the reportin? date. If ihere is an unconditional rieht to defer selllem¢ni for at leasi Nelve tnonths after the reporting dale. Ihey are presented non-current liabilities. Trade creditors are recounised iniiiall). at the transaction price and subsequently measured at amortised cost Uging ihe effective inierest Melhj. Page 16
flo'er5 at Grafton Notes to th¢ Financial Statem¢JJts fOr th Year Ended 31 August 2024 Foreign exchange Transa¢tivn5 in foreign currencies are recorded the rnt¢ of exchange ai the date of the transaction. Monetary asseis and liabiliiies denuminaied in foreign currencies ai the balance shttt date are ported at the rates of exchang¢ prevailing ai thai dale. The results of overseas operaiions are translated ai the a%erdoe rdtes of eichange dL¥ring the period and Eheir balance sheets at ihe rate5 ruling at the balance sheei dale. EKchange differences arising on translaiion of the opening nei assets and re5uIt5 of oi'ersea5 operaiions are reported Én orher comprehensive income and accumulated in equity lanributed to non-controllin£ inierests as appropriaie). Other exchange differences are recogni5ed in the Statem¢ni of Financial Aciivilies in the period in which the). arise excepi for= I l excharkge differences on trdnsactions eniered into to hedge certain f¢)reign currency risks (see above): 2) exchanb?e ditTeren¢es arising on gains or losses on non-monetsry items which are reco]Sed in other comprehensive income.. and 31 in the case of the con501idaied financial staiemeni& exchange differen¢¢s on monelary iiems receivable from or paJ'abl¢ ro a foreign operaiion for which settlemeni is neither planned nor likelj lo occur Iiherefore formin part of the nei inve5tm¢ni in the foreign ope0). which are recognised in fflher comprehensive income and reported under equit>'. Fund structure Unre5tricied incorne fitnds are gen¢rdl funds thai are awailable for use * the tnEsrees discretion in funherance of the objectives of ihe charity.. Designaied funds are unresiricied funds set aside for specific purposes at the discretion of the trustees. Re51ricied incorne fvnds are thos¢ donated for use in a particular arvd or for specific purposes, the use of which is resfficd io thai ar¢a or purpose. PeN5ions and other post retirement oblig41ions The chariiN operaies a defined coniribuiion pension scheme which is a pension plan under which fixed coniribuiigns are paid iTtio a pensioTt fvnd and the charin. has no legal or consinJciiv¢ obligaiion to pay further oniributions even if ihe fund doe5 noi hold sufficieni assets to pay all emplo>ees the benefits relating to employee service in ihe eurreni and prior periods. Contr2bllttons to defined contribution plans are recognised in ihe Stsierneni of Financial Arfiviiie5 when ihey are due. If contribuiion pa)Thenis exceed the coniribuiiou due for service. the excess is recognised as a prepa)Tneni. Page 17
Sunflow'ers at Grafton Notes to the Finaneial.Sl_alc_ments for the Year F.Dded 31 August 2024 3 Income from donaiions and legacies Unreslricted funds General Total funds Donations and legacies: Donattons from individuals and events 39.894 39.894 Total for 2024 i9.894 39.894 Total for 2023 1.377 1.377 4 Income from ch*rit#ble aetivilies Unresiricied runds GeRerAI Re5trieted funds Tot81 funds Childcare income 489.i49 10.615 499.964 Total for 2024 489.i49 10.615 499.964 Total for 2023 43 j.584 4.-500 4i8.084 4 Other income Unrestr1ed fuDd5 GeNergl Totsl fund5 Minibus and other incorne 22.920 ?2.920 Total for 2024 2?.920 22,920 Total for 2023 17.)26 17.)26 Page 18
Sunflow'ers at Grafton l%otes to the Financial Statem nts for the Year F.nd .11 August 2024 O Expenditure on cbar&tabl¢ activities nrtrIcted funds DesigDated General Restried funds Total funds r*ote childca income Staff costs i2.866 i8i.166 6.017 3.2(WJ 38,883 386.366 Allocated support costs 56.602 9.?91 54 56.656 9.291 Govemanee eosts Tot91 for 2024 481.925 9.271 491,196 Total for 2023 4.178 4i4.430 2.108 440.716 In addition to the e¥pendiiure anal!'5ed al)ove. Ihere are also governance of £9.2911202i relate directl> to chaTirable aciivitkes. See noie 8 for rther detsils. £3.6531 which 7 Othtr txpenditure L'nrestricted funds Dt5ignated Genernl Restricted funds Total runds Note Staff costs Wages and salaries Other staff costs Depreciaiion. amonisaiton and oiher similar costs Minibus exp¢ndiiure 4.976 329 4,976 954 625 i81 114.676) 10.165 623 ( lJ.6721 10.165 Total for 21124 i81 1.248 Total for 21123 ?67 18.601 508 19.376 Page 19
Sunflow'ers at Grafton Notes to th¢ Financial Statements f(bf_..Ihe Year End ust 2024 8 An&l>'si$ of gOtranCe costs Governance costs Unre51ricted rund5 Gener81 Tot81 funds Independent examiner fees Examinaiion of ihe financial stai¢men Other f¢¢s paid io examiners Le. I fee5 7.860 1.089 i42 7.860 1.089 Toial for 2024 9.291 9.291 Total for 2023 i,653 i.653 9 Net incomingloutgoing resourc Net incoming'louigoingl rewurces for the s'ear include.. 21124 2023 Loss on di%p05al of fixed assets held for the chariry's own use Depreciation of fixed asseis 118.526) 4.854 i.688 10 Tru51ees remuneration and expenses No trusiees. nor any per50n5 conneaed with them. have received any remuneraiion from the charity during the No rwstees have received anj reimbursed expenses or other benefits from the charity during the year. I I Staff Costs Th¢ aggregaie payroll cost5 were as follows- 2024 2023 Staff ¢05t$ during iht )'ear m'er¢: WagJe5 and salaries Pension costs her staff costs 377.611 11.698 ?.987 348.123 9.095 2.112 392.296 i59.i30 The monihls. average number of persons (including senior rnanagerneni I leadership team) emplo)'ed by ihe chariN during rhe year expressed as full lime equikalents as folloS.. Page 20
Sunflowers a¢ Grafton Notes to the Financial Siatements for th¢ Year Ended 31 Au ust 2024 2024 No 2023 No Average number of persons emplojed 15 No employee received emoluments of more than £60,000 during the year. 12 Independent examiner's remuneration 2024 2023 Exarnination of the financial statements 7.8()0 1,428 Oiher fees to examirters All other services 1.089 1.031 13 Taxation The charity is a regisiered charity and is ihefefore exempt from mwion. 14 Tangiblt fixed as5¢ts L&nd and buildings Furniture xnd equipment Other tangible ri%ed a55et Motor i'ehicles Total C051 Ai I Sepiember 202i Additions Disposals 9.249 2.869 4.359 6i5 262iO iO.000 126.110) 22.46i 617 62.301 34.121 (26.110) At 3 1 August 2024 4.994 iO.120 2).080 70.i12 Depreciation At I Sepleniber 2023 Charge for Ihe year Eliminated on disposalg 5.583 1.060 4.026 489 26.2iO 1250 19.447 2,109 4,908 126.110} At 31 August 2024 6.64i 4.515 l.i70 21.556 34,084 Net book 1¢ At 31 Augusi 2024 5.475 479 28.750 1.524 36.228 At 31 Augusi 202) i3) 3.016 7.015 Included within the bi)ok value of land and buildin£s al)Qe is £Nil {2023 - £Nil) in respeci of freehold land and buildings and £S.475 120? j - £4.51 Sl in respeti of leaseholds. Page2l
SunfloM'er5 #1_&rafton otes to the Financial Stalements for the Year Ended 31 August 2024 14 Debtors 2024 2023 Trade debtOTS Prepa%Thenis Other debiors 11.971 4.601 5.145 19.755 4.058 689 21.717 24.502 Trade debtors illclude debt thai is nor cumily due for Paent totalling £l1.062 {2023'. £5,784) 16 Cash and cash equi81¢¢5 2024 2023 Cash ai bank 69,i46 17 Creditors: arnollnts falling due w'iihin one lear 2024 2023 Trad¢ cr¢diLI)rs Other creditors Ac¢ruals 2.811 9.297 10.949 657 7.256 5,297 2i.057 li,210 18 Pension and other Khemes Defined ctsntribulion pension scheme The charity operaies a defined coniribution pension %h¢m¢. The pension cost charge for (he year represen15 coniributions payable bj the Chari" to the %h¢me and amounied io £11.6981202? - £9.0951. Page 22
sunflo.ers at Grafton otes to the Financial Statements for t_h¢_Y¢ar Ended 31 Au ust 2024 19 Fund5 Balance at I September 2023 Balance at 31 .4ugu5t 2024 Ineoming resources Re50UTee5 expended Tr4n$fers Unrestricted funds General General funds 19.214 552.163 148i.i79) 1282501 59.748 Designa¢ed Contingenc). reserve Buildings" and ¥rounds - esseniial mainenance and improvemenis MinibLkS and securiiy 55.1MM) lo.)0 65.0(K) 10.555 (381) 10.174 18.250 18.240 li811 28.250 93.424 Tot41 unrestricted funds 84.769 552.16i 148i.7601 153,172 Restricted funds Grant intume Inclusion funding Tot81 restricted funds 500 3.8?4 6.790 14.j?S1 16.i171 2.857 ?.884 10.61$ { l 0.2) 2,857 Total flld5 87.65) 562.778 1494.402) 156.029 Pa£e 23
Sunflowers at Grafton l%otes to the Financial Statements for the Year Ended 31 Au ust 2024 Balance li I September 2022 Incoming Rewurces expended B8lance st 31 August 2023 Unrestricted funds Generul General funds 19.958 452.106 (452.850) 19.214 Designaied Contin<Jency reserve Buildiny5 and grounds- esseniial mainenance and improTr¢ments 55.0(KJ 55.0(M) 14.0(K) 14.445} 10,555 70.000 14.445) Toial unresiricied funds 89.953 452.106 1457.?951 84.769 Restricted Grant income Inclusion funding S) 500 2,384 4.500 Total restricted funds i.o(M) 4.500 12.616} 2.884 Total funds 90.958 456.606 1459.911) 87,653 20 Anal)Sl5 of net a55tts bthveen funds At ) l. Allgusi 2024 Tot81 funds at 31 August 2024 Unrestricted funds General Designated Restricted runds Tangibl¢ fJx¢d as5¢15 cUent asseis Current liabilities 34.027 77.028 12J.0571 1.209 6i.965 992 1.865 36.228 142.858 123.0571 Total nei asseis 87.998 2,857 156.029 At31Au ?ust 2023 Total funds at 31 August 2023 Unrestricttd funds Gtntral Designated Restricted fuDd5 Tangible fixed asset5 Current assets Curreni liabiliiies 4.i41 28.083 1.590 63.965 1,084 1,800 7.015 9i.848 Ili.2101 Total n¢1 assets 19.214 65.555 2.884 87,653 Page 24
Sunflow'ers at GraftoD otes lo the FinanCiaLSlaMtnÉs.f0r the Year Ended 31 August 2_024 21 Off-b#lanee 5heei arr*ng¢men¢s The charity has entered inio a lease agreement for th¢ Lhse of a minibus. As 31 August 2024 the ¢harily is ommitted ro pa!, £nil l?02i'. £i.6001 over the ieTh of ihe lease. 22 An41)'sis of net funds September 2023 Fin¥NciNg cash At 31 August flows 20?4 Cash at bank and in hand $1.795 Nei fun 69.i46 51.795 Stplernber 2022 Fioancing CASh flows At 31 August 2023 Cash ai bank and in halld 75.461 69,346 Net funds 7_5.461 {6.115} 69,)46 Page 25