Company r¢gi5tration number= 08100944 Charity registration number.. 1147882 Sunflowers at Grafton (A company limited by guarantee) Aljnual Report and Financial Statements for the Year Ended 31 August 2025
Sun owtr5 a Graft Conte Reference and Administrative Details Trustees, Report 2to7 Siatement of Trustees, Responsibilities Independent Examiner's Report Stalernent of Financial Activities Ioto 11 Balance Sheet 12 Notes to the FinanciaI Statem¢nts 13to24
Sunflowers at Graf nce an dministrative Detai Ch2irm8n J Ratnage Secretary L Blunden Charlty Registration Number 1147882 Cornpany Registration Number 08100944 The charity is incorporated in England and Wales. Sunflowerg at Grafton Easi Grafton Marlborough SN8 3DB Registered OffKe Independent Examiner Sansutn & Co Limited l Meadow View High Strt Burbage SN8 3AF PagG I
nfloTve t Graft Trn5tees' Re ort The Irusiees. who are directors for the purposes of company law, present ihe annual report together with the fall¢la] slatements of the charitable company for the year ended 31 August 2025. Objectives aMd activitie$ Objeets ttndaims To ent¢¢ the development and ¢du¢ation of childn undcr statutory school age and of primary school age by eneouraging par¢nt$ to understand and provide for the needs oFtheir children and by.. Offering appropriat¢ play, education and care facilities within the context of a w¢lcoming and healthy environment and ensuring provision of opports]nities for all childr¢n regardless of their rac¢, culture, religion, means or ability. Providing opt)ortunities for parents and members of the community to take responsibility for, and to become involved in, such activiti¢$,' Working in rtnership with parents, organisationg, professionals and the local community to ensure the needs of families and their children are met- and Advancing the education 2nd training of staff in the provision of such play, education and care facilities as described above. Pogo 2
Sunflowers t Graft Trustees, Re ort Objeclivu, slr471egieg aelivities Our main activity is the provision of great child¢are on a not for profit basis, which utili5¢s our beauuful natural sutroundings. Specifically.. . Of5ted registered nursery care for babies and children lo 5 year5, from 7.45am to 6pm for 51 weeks ea¢h year. Ofsted registered out of school care for primary school children, specifically breakfast, &ft¢r school and holiday clubs.. and Daily school trdnsport for parish children to one of our local primary schools. The way we work Children are ai the heart of every¢hit)g we do and at the top of the list is making sure that all children have feel safe and are learnin¥ and developing. Along the line we make sure that all the relevant statutory boxes are ticked and thai all our paperwork is in good order. The way w¢ work is guided by our core values." Natural, Comtnuntty and Growing. Natural - Outdoor adventures are fundamental to ihe Sunflowers at Grafton experience. We put as much time, Ihoughc planning and resourcing inio our outdoor space &% we do to our indoor environment, creating a place in which every child can connect with nature. We love the outdoors, we love nare and we love all weathers. W¢ keep Ehings simple. honest and practical - from our relationships with our families, to policies, procedureg and pricing. Comrnunity - We are part of a thriving rural COTnTnunity which is incredibly sUPPOrtive. We encourage everyon¢, including par¢nts, our team and Membe of our local communEty to play an active part in our progre$5. W¢ work iogeth¢r so that the children at Sunflowers have the most fantastic experiences which will give thern the best possible foundations for life. Sunflowers at Grafton is a registered ctwity, bastd in buildings previously oc¢upied by the parish school which c105ed in 2011. Every penny of surplus income goes into making Sunflowers an even better place. Growing - We are continually exploring ways in which to do things better and encouragc fredback from families, our team and the ¢ommunity to help us improv¢. Our a¢tivities are managed and run by a qualified, profession&1 team. Sunflowers at Grafton is a signifjcant local employer, with over 20 full-time and part-time employees. The majority of these roles filled by residents of Grafton Parish or ii¢i¥hbourin& Parishes. We have high expectations and every tnember of th¢ team plays a key part in our success. Roles and Te%ponsibililies are clearly defIned and the team work together ¢ffectively to deliver an aT[Zing service. We look for regular opportllnities to involve member5 of our local community to shar¢ their skills, expertise and time on a volwitary basis. Sunflowers at Grafton is Committed to saf4iuarding and pri)moting the welfare Of our ehildren and expects our staff team and volunteers to share ihat c<)mmiknent. Pagc 3
llflowe rafton ort Achievements alld performuce This was a much mor¢ settled year following on froln our annus horribilis in 2023-24 which was dominatod by two mlnibus thefts. Fundraising continued throU)0ut the year and, thanks to continuino generous help and donation5 from frtends and cornrnunity. we repla¢ed our second vehicle in August 2025. Trustces establi5h¢d a working party to ¢omplcte a review of pricing, sessions ond early years fvnding in response to the significant ¢hanges we hav¢ s¢¢n in Ihe landEcape for early years provision. Specifically the extension of funding to 9 rnonth olds from Septrmb¢r 2024. continu¢d underfunding aeross all age groups, and the implications of DFE pronounG¢m¢nts in February 2025. Alongsid¢ thi5 are the impact of wider government policies of increasing Employer Nl rates and the in¢r¢ase in minimutn wage rates. The combined impact of thes¢ factors has proved chall¢nging for th¢ whole sector and the working parry (Ibje¢tive is to make recommendations for a mod¢l that provides a solid foundaiion tninimising risk and maximising income which is in keeping with family ne¢ds and compliant with stawiory r¢quireTnents. Trnstees maÉntained a ftscus on the advancem¢nt of our wraparound rarc througJ the appointment of a Leader for this sncome stream and the developm¢nt of relationships with our loca] primary schools is a kcy element. Last year we opened a Breakfast Club at on¢ of our local priTJwy schools and this year we opened a Holiday Club at another local primary school. Team welfare. well-being and recognition are always a priority and the stability of our pemanent teaTn r¢fl¢cts thi%. A commitment to education and training, c¢l¢brdting indivsdual milestones and keeping our salarie5 in the upper quartile for the early years sector are all importont parts of thi5 co¥nmitment Ptsblk beuefil Th¢ trustee5 confimi that they have complied with the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Our commitment to a positive itnpact in ihe Parish remains undimmed. In addiiion (o providing community acce5S to our woodland and supporting community events we hav¢ an arAnual programme ofactivities including support for our Parisli baby and ioddler gFOUP and organising our annual Maemillan Coffee Moming and Parish litter pick. Over recent y¢ars we have been delighied to involve more young people through offering volunteering opportunities to support local 5tud¢nts working towards their Duk¢ of Edinburth awards. The charity Currently w¢1m¢S four volunteers on a r¢gular basis who supptsrt &itiviti¢s with th¢ children. Pl4Lsf4rful*reperlods The charity intends to continue to provide good quality Childcare services in both its nursery and through the provision of breakfast, after school and holiday clubs. It be a priority over the next 3 years to make much needed improvements to the fabric of our building and grounds. Our curreni Business Manoger retired in early 2026 and a successful recruitment wys rnade of a replacement. A p¢riod of handover was a¢hieved and the new business manager will continue to establish heelf within the business working Closely with trustees. Pagt 4
SunfloTv¢rs at Tru tccs, Re Financial review During the 2024 2025 reporting period Sunflowers at Grafton received income tot&lling £583,447 (2024.. £562,778). The majority of this eom¢s from childcare fees and early years funding. ExnSeS total £554,945 (2024: £494,402). Salaries. propety costs and consurnable5 relating to the provision of ehildcare services are the highest expense items. Donations, fundraising and insurdnce monies made up £11,721 of our income. We spent £32,919 on grounds securiry, the costs associated with interim replacement vehicles and th¢ purchase of a second replacement vehicle. The rcmaining £2,222 from the two years of fundraising is caTried over to 2025126. Trustees are pleased to report a small surplus for the year, which will be used to support and improve the ongoing work at the charity. Poli¢v on ruerves In setting our reserves policy we are ctsnsciou5 of the need to ensure that sufficient reserves exist to enabl¢ normal operating aciivities to continue in lh¢ evcT)t of variations it) income and to take account of essential unplanned expenditure in th¢ year ahead. The balan¢¢ of unrestricted fimd5 81 thc end of August 2025 was £179,789 (2024.. £153.172) and includes the following d¢signations'. Cofittng¢ncy reserve £75,000 (2024.. £65.000) General fund £76,393 (2024. £59,625) Building and grotsnds fund £20,174 (2024.. £10,174) MiTJibu5 and security £8,222 (2024.. £13,250) Trustees have assess¢d the risks faced by the organisation and their likely c05t implications and airn to build our Contingency Reserve Fund to £138.000 which equate5 to 3 months of operational expenditute. Whilst our Contingency Reserve r¢mains below the desired level trustce5 aro comfortable with overall level of reserves and conscious that building reserves to £138,000 will bc difficult to achieve. Reserves will be monitored quart¢rly by the tsustees, looking both at current fr¢¢ r¢s¢rv¢s and the forecast P05ltion for th¢ year end. The ¢n5ures that r¢m¢dial action can be taken quickly an the event of all unexpKt¢d, S]lfIcant, or irreversible defJ¢it. Pagc 5
un owers at afton ees, Re or Structure? governance and management Organlsittlohqlslruclure Sunflowers at Grafton is a charitable cotnpany limited by guarantcc. The organisation is gov¢med by a Board of Trustees. Each truste¢ is required to be a dir¢ctor of the cornpany. At each annual general m¢¢ting one-third ol truste¢s must retire from otTice and are then entitl¢d to stand for -¢I¢¢t10Th. Th¢ dirtorS and board of trnstees meet 4 timcs a year Éo decid¢ on such matters &$ strategic policics and major decisions relating to the affairs of Sunflowers at Grafton. The board of trustees is specifically required to deterniine ¢hildcar¢ fees and to take responsibility for the organisatlQDS ass¢ts. Each of the trustees (puarantees to pay the sum of £1 in the event of insolv¢ncy. A m¢morandum of association is in place which d¢t2i1s th¢ objective5 and powers of the charity and it 15 gov¢rn¢d by articles ofassociation. All trnstees and volunteers give of their tim¢ fr¢ely and no reffluneration or ¢xp¢ns¢s were paid during the reporting period. A Business Manager reports to the Board of Trustees and leads the Senior Leadership Team (SLT) which manages th¢ day-ttrday operations. Trustees and officers The tnjstees and officers serving during the y¢ar and since the year end were as follows.. Trustees.. T Reay S Mccalla (res]ed 24 february 2026) N Airey J Ratnage S Burkert C Tarbox G Winn (resied 25 Nov¢mb¢r 2024) S England {appoint¢d 24 f¢bruary 2026) S GatT {appointed l December 2025) G Parker-Bla (appointed l December 2025) J Downi¢ (appointed l D¢¢ember 2025} Chairnian.. J Rathage Secretary.. S England (resigned 25 March 2026) L Blunden (appointed 25 March 2026) Pagc 6
Sunfl rsatG fto Trustees, Re ort Th¢ anmual r¢port was approved by the tru51ces of the charity on 27 May 2020 and SI¢d on its behalf by.. G Parker-Blagg Truste¢ Pdg6 7
Sunfl wers a Statement of Trustees, Responsibiliti The trustees (who are also the directors of Sunflowers at Grafton for the purposes of ¢ompany law) are responsible for preparing the trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice), including FRS 102 "The Fi[nCIal RetKlrtino Standard applieable in the UK and Republit of Ireland" Company law requires the tnJste£s to prepare financial statements for each financial year. Under company law the Ltust¢¢s musi not approve ihe financial statements unless they are satigfied that they give a true and fair vi¢w of th¢ state of affairs of the charitable company and of the incoming resources and application of resources, iii¢luding its income and expenditure. of the charitable company for that period. IrA preparing the5¢ financial state]nents, the trustees are required to.. select suitabl¢ accounting policies and apply them Consisntly. observe the methods and principle5 in the Charities SORP- make judgements and estimates that are reasonable and prudent,. state whether applieable accounting standards, comprising FRS 102 have been followed, 5ubj¢ct to any material departures disclosed and explained it) the financial 5tatemcnts' and prepare the financial statements on the goll concern basis unless it is inappropriate to prcsume that the charitable compaDy will continue in business. The trustees are r¢sponsible for keeping proper accounting records thai can disc105e with rea$Otle accura¢y at any time th¢ financial position of thc charitsble company and enable them to ensure that the fll)ancial siatements comply with the Companics Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Th¢ trnstees ale responsible for the rnaintcnancc and integrity of th¢ corporate and financi411 information included on the ¢hariiable tompany'5 w¢bsite. Legislaiion gov¢ming the preparation and dissetnination of financial statements may differ from l¢gislation in other jurisdictions. Approved by thc trnstees of the rharity on 27 May 2026 and signed on its behalf by.. G Piwk¢r-Blagg Trustee PJg¢ 8
Sunflowe rafton Independent Examiner's Report to the trustees of Sunflowers At Crafton {'the Company,) I report to the charity trustees on Tny examination of the accounts of the Company for the year ended 31 August 2025. Responsibilitie5 and basis of report As the charity's tn]stees of the Company (and also it5 directors for the purposes of cornpany law) you are responsible for the preparation of the accounts in accordanc¢ with the requirements of the Companies A¢t 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company ar¢ not required to b¢ audit¢d under Part 16 of th¢ 2006 Act and are eligible for independ¢n¢ examination, I report in respect of my txamit)aiion of your charity's aceounts as carried oul under section 145 of the Charitieg Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)0)) of the 2011 Act. Independent examiner'5 Stotement Since the Compangs gross income exceeded £250,000 your cxaminer must be a member of a body listed in section 145 of the 201 l Ad. I confirn) that l qualEficd to undenake lh¢ examination bccause l am a member of ICAEW, which 15 on¢ of the listed bodi¢5. J have eompleted my examination. I confinn that no rnatters hay¢ come to my attention in coTm¢¢tion with the examination giving me Caus¢ to believe.. accoLtIng rKords were not kept in respect of Sunflowers at Grafton as required by s¢¢tion 386 of the 2006 A¢i' or 2. the accounts do not accord with th05¢ r¢oords,' or 3. the accounts do not comply with the accountlDg r¢quiremenis of section 396 of th¢ 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in aecordan¢e with the methods and principles of the Statement of Recommended Practice for accounting and reporting by ¢hwities lapplicable to Charities preparing their d¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)]. I have no con¢ems and have colne across no other matters in connection with the examÈnation to whi¢h attention should be drnwn in this report in order to enable a proper understanding of the accounts to be reached. M San.%UTn FCA ICAEW l Meadow Vi¢w HI Street Burbage SN8 3AF 27 May 2026 Pdgc 9
Sunflowers at Statement of Inel din Incom inaneial Aetivities for the Year Ended 31 Au ust 2025 enditur ec unt and Statement of Total Ree nised Gains nd Losses Total 2025 UThrestricted Restrieted Note Illcotne and Endowrn¢nts frojn: Donations and le(Tacie5 Charitable activities Other incomr 8,063 545,144 20,098 1.552 8,590 9,615 553,734 20.(198 Tothl Inc4)me 573.305 10,142 583,447 Expenditure on: Raising ndS Charitabl¢ aciivitie5 Other expenditure (276) (519.528) (26.761) (276) (527,908) {26,761) (8.380} Ttstal Expenditure (546.565) (8,380) (554,945) Nd income 26.740 1,762 28,502 Net movement in ndS 26.740 1.762 28,502 R¢eon¢iliation of funds Total fvnds brought fonyard Total fvnds carried forward 153,049 2,980 156,029 19 179,789 4.742 184.531 The not¢s on pages 13 to 24 fomi an integral part of these financial statements. PAg¢ 10
Sunflow raft Statement of Financial Activities for th¢ Year Ended 31 Au ludin IneDm ndEI enditur ount and St2temen otal Reeo sses ised Gain For the year ended 31 August 2024 Total 2024 ureStrIcted Restricted Note Income and Endowments from: Donations and legacies Charitabl¢ activities Other income 39,894 489,349 22,920 39,894 499.964 22,920 10,615 Total Income 552,163 10,615 562,778 F.xpenditure oll: Raising ndS Charitable activities Other expenditure Totsl Expenditur¢ (783) (481,925) {1,1751 (783) (491,196) 12,423) {9.271) {1,2481 (483,883 {10,519) (494,402) Net income 68,280 96 68,376 Net Enovement in funds 68.280 96 68.376 Reeoneiliation of funds Total funds broubht forward Total fimds carried foNard 84.769 2.884 87,653 19 153,049 2.980 156,029 All of the charity's activiti¢s d¢rive frorn continuing operations during the above two periods. The fimds breakdown for 2024 is shown in not¢ 19. The notes on pag¢s 13 to 24 forni an integrdl pan of these financial statements. Pagc 11
Sunflowers at (Registration numbcr: 08100944) Balance Sheet ag Ilt 31 August 2025 21125 2024 Not¢ Fixed assets Tangible assets 14 54,096 36,228 Current assets Debtors Cash at bank and in hand 15 16 21,668 27,128 21,717 121,141 148,796 142,858 Creditor$.' Amounts falling due within one ye8r Nel current a55et5 17 (18,361) (23,057) 130,435 119.801 Net assets 184,531 156,029 Funds of the eharity: Restricted income funds Restricted funds 4,742 2,980 Unre$tric¢¢d incojne fund5 Unrestrict¢d funds 179,789 153,049 Total funds 19 184.531 156.029 For the f(141 year ending 31 August 2025 the charify was eniitled io exempiion from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities-. The members hav¢ not required the charity to obtain an audit of its aOUnts for the year in question in accordance with 5¢¢tion 476. and The direetois acknowledge th¢ir respon5ibilitle5 for complying with th¢ r¢qUientS of the Act with respecl to a¢countins r¢cords and th¢ pr¢paratiort of a¢counts. The financial stat¢nts on pages 10 to 24 wcr¢ approved by the truste¢s, and authori5¢d for issu¢ on 27 May 2026 and signed on their behalf by: G Parker-Blagg Trustee The notes on pages 13 to 24 form an integral part of the5¢ financial Stateertts. Pagc 12
Siunflowers at Graft es to the Fi cial Statement f ar Ended 31 Au llst2 I Charity status The charity is limited by guaTantee, incorporated in England and Wales, and consequently does not have share ¢apilal. Each of the trustees is liabl¢ to contribute an amount not ex¢¢¢ding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is.. Sunflowers at Grafton East Grafton Marlborough SN8 3DB These financial sratements were authorised for issue by the trustees on 27 May 2026. 2 Accounting policie$ Summary of significant accountin% polieies and kcy accounting estimates The principal ¢lfLOUlltin8 poli¢i¢s appli¢d in the preparation of these fjndncial thtem¢nts ar¢ sct out below. These policies have been cgnsist¢rAtly applied to all the years presented, unless otherwise 5tat¢d. Statement of eomplian¢e The financial statements have been prepared in accordance with Accounung and Rew)ting by Charilies.. Statement of Recommended Practice (applicable to charities preparing their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)) {issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companie5 Act 2006. Basis of preparation Sunflowers at Grafton meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recogni5ed historical cost or transaction value unless oth¢rwis¢ stated in th¢ relevant accounting policy notes. Going eoneern Th¢ tNstees consider that th¢r¢ arc DO mat¢rial uncertainties about the charity's ability to continue as a going concern nor any sigmificant ar¢as of uncertainty that affect the carrying value of assets held by the charity. Exemplion from preparlng a ea$h tlow ststemeni The charity opted to early adopt Bulletin I published on 2 Febnjary 2016 and have therefore noi included a c3sh flow statemeni in these financial 5tat¢m¢nts. Income and endowments All income is recognised once the charity has entitlemet)t to the income, it IS PTobable that the income will be received 2nd the arnount of the income receivable ean be meosured reliably. Pasi l3
Sunflowers at tes to he Finaneial Statements for the Year End ust 2025 Dtrn&tlons andle¥(4Ci Donations are recowised when the ¢harity has been notifIed in writing of both the atnount and settlement date. In th¢ ev¢oi that a donation is subject to Conditions that require a l¢Y¢l of perfoTmance by th¢ charity before the ¢harity is entitled to the nds, th¢ income is deferred and not recognised until either those conditions are llY m¢t, or the fulfilment of those ¢onditions is wholly wiihin thc control of the charity and it is probable that these ¢onditions will be fulfilled in the reporting period. Grants Teceivqble Grants are recognised when the charity has an eolitlement to the funds and any conditions linked to th¢ grants have been met. Where perforn)an¢e condilions are att4¢h¢d to the grant and are yet to be met, the income 15 recognised as a liability and included on the balance sheet as deferred income to be released. Investhienl inctsme Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recognised once there is & legal or constru¢tiv¢ obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All ¢osts are allo¢ated to the applicablc expenditure headÉng thai aggregate similar costs to that ¢at¢gory. Where costs cannot be directly attributed to particular heading8 they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on rhe basis of tirne spent, and depreciation charges allocated on the portion of the asset's use. Other support colts are allocated b&%ed on the spread of staff costs. I'h¢s¢ costs are incurred in attrtIng voluntary income. the management of inve5¢tnents and those IncUed in trading activiiies thai raise nds. Charitable dclivities Charitable expendiMr¢ Comprises those costs incurred by the charity in th¢ d¢liv¢ry of its activities and services for its b¢nefi¢iaries. It includ¢s boih costs thai can be allocated direcily to such 4Ctiviti¢s dnd thgs¢ costs of an indirect natur¢ n¢ccssary to support thern. Support Costs Support costs inelude central functions and have been allocated io activity eost caiegoTies on a basis Consistent with the use of resour¢es. for example, allocaiing property costs by floor areas, 01 per capiia, sraff ¢ost5 by the time spent and oth¢r cost5 by their usage. Governance eosts These include the costs attributable to the charity's compliance with ¢onstitutional and Statory requirements, including audiL stralegic management and Nstees meetings and reimbursed expenses. TaxatlOR The charity is considered to pass the tesis set oul in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a ¢haritabl¢ colnpany for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect ol in¢otne or capital gain5 received within categoTies ¢ov¢red by Chapter 3 Part I l of the CoryoratiQD Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains A¢t 1992, to the exteni that such income or gains ar¢ applied exclusively to charitsble purposes. Page 14
owers at Grnfton tcs to th Statements for the Y ust 2025 Tangiblc fixed Asstts Individual fixed assets cosiing £250.00 or utore are initially recorded at cosi, less any subsequent a¢¢umulated depreciation and subscqucnt accumulated impairnient loss¢s. Depreeiation and amortis#tion Depreciation is provided on tangible fixed assets so as to write off the cogt or Valuatio le5$ any estimated Tesidual value, over their expected useful economic life &$ follows.. Asset c1¥4SS Office equipment Pr¢-s¢hool & nursery ¢quipm¢nt Fixtures & fittings Motor v¢hi¢les L¢as¢hold improvements Depreeiatioll method atkd rate 33 /0 Straight line 330/0 Straight lin¢ 33 % straight lin¢ 200/0 straight line 10 % straight line Tr4d¢ d¢btOTS Trade d¢btors are amounts due from rustom¢rs for m¢rohandise sold or service5 performed in the ordinary course of business. Trade debtors are recognised initially ai the transaction pri¢¢. They are 5ubsequ¢Trtly m¢asured at amortls¢d cost using th¢ ¢ffe¢tive interest method, less provision for impairn)¢nt. A provi5i0n for th¢ impairni¢nt of trad¢ debtors is established when there is objetiive evidence that the charity will not be able to collect all amounts due accordin8 to the original tenns of the receivables. Cash and esh equivl¢nt5 Cash and &ish equivalents comprise cash on hand and call deposits and other shon-tem highly liquid inv¢stm¢nts that are readily c(Trnvertible to a known amount of cash and are subject to an insignificant risk of hang¢ in valu¢. Trade eredltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of busInS from suppliers. Accounts payablc arc classificd as curreni liabiliti¢s if the charity does not have an unconditional righL ai the end of the reporting period, to deftr settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for & least twelve months after the reporting date, they are presenied as non-curreni liabilities. Trade eTeditors are recognised initially at the transaciion price and subsequently measured ai amortised cost using the effective interest method. Fund strueture UDr¢stricted income funds are general funds that are available for use at the trustees diseretion in fi]rtheranee of the objectiveg of the charity. DeSiated funds are unr¢stri¢ted funds sei aside for specifie purposes at the discretion of the trustees. Restricted income funds are those donated for use in a partieular area or for specific purpos¢s. th¢ usc of which is restricted to that ar¢a or PUTP05¢. ragc 15
Sunflow rs at Grafton o the Fin nts for the Ye rEn ed31Au st 2025 Pensi0Ths and other post retirement oblig8tions The charity operatcs a defined contribution pcnsion scheme which is a pension plan undcr which fixed ¢ontribufions are paid inio a pension fund and the charity has no l¢gal or constructivc obligation to pay rth¢r contributions ev¢n if the fund does not hold sufficienl asseis to pay all ¢p10ye¢S ¢h¢ b¢rits r¢lating to employee servi¢¢ In the Gurrent and prior periods. Contributi(>ns to d¢fined contribution plans are re¢ognised in the stat¢ent of Fitjancial Activiti¢s wh¢n they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepa)qnent. Pag¢ 16
Sunflowers al fto Notes to the Financial Statements for ar Ended 31 Au ust 2025 3 Jncome from doDations and legacles Unres¢rieted fund5 General Restricted funds Total funds Donations and Icgacies; Donatiot)s from individuals and eventg Donatigns from fundraising events Total for 2025 7,855 208 1,552 9,407 208 8,063 1,552 9,615 Total for 2024 39,894 39.894 4 Ineome from eharitable activiti&s Unrestricted funds G¢ncral Restricted funds Total funds Childcare income 545.144 8,590 553,734 Total for 2025 545,144 8,590 553,734 Total for 2024 489,349 10,615 499,964 5 Other income Unrestrieteij funds General Total fund5 Minibus and other income 20,098 20,(198 Total for 2025 20,091( 20,098 Total for 2024 22,920 22,920 Pagc 17
Sunflo rs at Grafton Notes to the FinanciaI ta ments for the Y 2025 6 ExpeThditure on charitable activilies Unrestrleted funds Ceneral Rc$tricted funds Tot&1 funds Note Child¢4re income Staff costs Allucdted support costs Governance costs 30,266 418,788 66,640 3.834 30,266 427,168 66,640 3,834 8,380 Total for 2025 519.528 8.380 527,908 Tot&1 for 2024 481,925 9,271 491,196 In addition to the expenditu analys above, there are also governance costs of £3,834 (2024 - £9,291) which rclate directly to charitable tt¢tiviti¢s. S¢¢ not¢ 8 for furthcr details. 7 Other expenditure Unrestrieted fundy Designated General RtrIcted funds Total funds Note stsff costs Wages and salaries Other staff costs Depreciation, amortisation and other similar costs Minibus exptndÈture 3,955 594 3,955 594 381 8,663 13,168 9,044 13.168 Total for 2025 381 26,380 26,761 Total for 2024 381 794 1,248 2,423 Pugt 18
owers at Gr2f o the Flnanei ents for the Y ed31Au llst 2025 8 Analysis of governance costs Covernance costs Unrestricted fuThds Ge4eral Total funds Independent examin¢r fccs Exdminaiion of the financial ststements Other fees paid to examiner5 L¢gal fees Other governance costs 1,570 1,570 729 420 729 420 Total for 2025 3,834 3,834 Total for 2024 9,291 9,291 9 Net in¢oming/outgoing resourtes Net incoming resources for the y&qr include: 2025 2024 Loss on disposal of fixed assets held for the eharity's own use Depreciation of fixed assets 293 8,751 {18,526} 4,854 10 Trustees remunerat and expenses No trustees, nor any persons ctsnn¢a¢d with ih¢m, have rec¢ived any remuneration from the charity during the year. No trSteeS have r¢¢¢ived any reimbursed expenses or any oth¢r b¢n¢fits from the charity during the year. J i staff costs The aggregate payroll costs were as follows.. 2025 2024 StAff eo$ts during the year were: Wage5 and salaTi¢S Pension costs Other staff costs 412,118 17,864 1,735 377,61 11,698 2,987 431,717 392.296 Th¢ monthly average number of persons {in¢luding senior management I leadership team) employed by the charity during the year expressed as full tim¢ equivalents was as follows.. P4s$ 19
Sunfl rafton Notes to th¢ Finan¢ial Statem¢nÉ3 for th Ended 31 Au 25 2025 2024 No Average number of persons employed 15 No employee received emoluments of more than £60,000 during the year. 12 Independent examiner'5 remuneration 2025 2024 Examination of the financial statements 1,570 7.860 Other fees to examiners All other services 1,089 13 Taxation The charity is a regEstered charity and is therefore exempt from tatIon. 14 Tangible fixed assets Land and building5 Furniture and equipment Other tangible rixed asset Motor vehicles Total Cost At I S¢ptember 2024 AdLlitions Digpos21g 4.994 1.269 (Y80) 30,120 24,063 (119 23,080 70.312 26,989 5,911) 1,657 (472) 4,340 At 31 Augus12025 13,303 5,283 54.064 18.740 91,390 Depreciation At I September 2024 Charg¢ for the year Eliminated on disposals 6,643 752 4,515 488 1,370 6,401 21.557 34,085 8,751 (102) (980) {120) (4,340) (5,542) At 31 August 2025 7,293 4,023 7,651 18,327 37,294 Net l>ook value At 31 August 2025 0.010 1.260 46,413 413 54,096 At 31 August 2024 5,475 479 28,750 1,523 36,227 Inclllded within the net book value of land and buildings above is £Nil {2024 - £Nil) in respect of freehold land and buildings and £6,010 (2024- £5,475) in respect of leaseholds. P4s¢ 20
Sunflowe to the Finaneial ments for the Year Ended 31 Au t 2025 15 Debtors 2025 2024 Trade debtors Pr¢payments Other debtors 16.027 5.529 112 11,971 4,601 5,145 21,668 21,717 Trade debtors includ¢ debt that is not cuttently due for paym¢nt totalling £l1.825 (2024.. £11,062) 16 Cash gnd cash equivalent$ 2025 2024 Cash at bank 127,128 121,141 17 Cr¢dilors: #mount5 fauing due within one year 2025 2024 Trade creditors Other credÈtor$ Accruals 4,949 12,212 1,200 2.811 9,297 10,949 18.361 23,057 18 Pension and other seh¢m¢$ Defined Contribution peR)sion ieheme The charity operates a defmed contribution pension s¢h¢rn¢. Th¢ P¢n5iQD Cost rharg¢ for th¢ y¢ar r¢pres¢nts contributions payable by the ciwity to the scheme and amounted to £17,864 (2024- £11,698). Pagt21
Sunflowers at Graf Not the Flnaneial Statements for the Year Ended 31 Au st 2025 19 Funds Balance at I September 2024 Balance at 31 August 2025 Incoming resources Rtsourees expended Transfers Unrestrlcted funds Generul General fidS 59,625 563,554 (544,850) (1,936) 76,393 Designqled Contingency reserve Building5 and grounds - e&sential mainenance and iTnprovements Minibus and security 65,000 10.000 75,000 10.174 18,250 i 0,000 118,064) 1.936 20,174 8,222 103,396 9,751 {1,715) {1,715) 93,424 9,751 Total Mnrestri¢ted fuTrds 153,049 573,305 1546,565 179,789 Restricted funds ID¢lusion funding Early years expansion funding 2.980 6,953 (8,380) ,553 3.189 3,189 Total restricted fllnd$ 2,980 10,142 8,380 4,742 Total funds 156,029 583.447 (554,945) 184.531 Page 22
Sunflowers at the Fin t tements for th ear Ended 31 Au Balanee at I September 2023 Balane¢ #É 31 August 2024 Incoming resources Resources expended Transfers Unrestrieted funds General General funds 19,214 552,163 (483,502) (28,250) 59,625 Dosigntsted Contingency reserve Buildings and OundS - essential mainenance and improvements Minibus and 5¢QUTity 55,000 10,000 65,000 10,555 {381) 10,174 18.25 18,250 65.555 381 28.250 93,424 Totsl unrestricted fund$ 84,769 552,163 (483,883) 153,049 Restricted Granl income 500 2,384 3,825 6,790 (4,325) (6,194) Inelusion funding 2,980 Totsl restricted funds 2,884 10,615 10.519 2,980 Total funds 87,653 562,778 {494,402) 156,029 20 Analysi5 of Det asset$ between funds At31A 2025 Total funds at 31 Au£u&t 202$ Unr¢5trict¢d fund5 General DesRgnat¢d R¢strirt funds TangÉbl¢ fixed assets Current assets Current liabilities 53,268 66.659 (18,361 828 77,396 54,096 148,796 {18,361) 184,531 4.741 Total net assets 101,566 78,224 4,741 At31A t 2024 Tot81 funds gt 31 August 2024 Unrestrleted funds General Designated Re$trieted funds Tangible fixed assets Cu¢nt assets Curr¢nt liabilitie5 34,027 77,028 (23,057) 1,209 63,965 992 1,865 36,228 142,858 (23,057) Total net assets 87,998 65,174 2.857 156,029 Pagc 23
Sunflowers at Notes to the Financial St#tements for the Year En 2025 21 Analysis tsf net funds Atl 8eptember 2024 Finaneing eash flows At 31 August 2025 Cash at bank and in hand 121,141 5,986 5,986 127,127 N¢t fid6 121,141 127,127 Septernber 2023 Finaneing casb At 31 August Ihiws 2024 Cash at bank and in hand 51.795 Net fimd$ 69,346 51,795 121,141 Pagc 24