2023-08-31-accounts - Hambledon Nursery School Ltd

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			SORP reference
Summary ofthe purposes		of	i'are 11r	To promote education			and		in particular	run
the charity as set out	in its			a nursery	school.
overnin document
Summary ofthe main activities in relation to those			Para 1.17and 1.19	The provision of nursery for 2-5 year old children.				school education
purposes for the public
benefit, in particular,	the
activities, projects or
services identified in	the
accounts.
Statement confirming			Para 1.18	The trustees		have had	regard to the
whether the trustees	have			guidance	issued by the			Charity
had regard to the guidance				Commission		on public	benefit.
issued by the Charity
Commission on public
benefit

ou ma c	ho	ose to	include fu	rther statements	where relevant	about:
				SORP reference
Policy on	grant making			Para 1.38	No grants are made.		However,		the	fees for
					children in special circumstances				may,
					exceptionally,	be reduced, with			the
					a royal ofthe Trustees.
Policy on	social investment			Para 1.38	n/a
including	program		related
investment
Contribution		made	by	Para 1.38	The school has no voluntary			staff.		From
volunteers					time-to-time	external	volunteers		contribute
					to particular	sessions	(library	time,		drama,
					music, sto	sessions	etc .
Other

chieve	men	ts	and Per	formance
				SORP reference
Summary	ofthe main			Para 1.20	Hambledon Nursery School has had a
achievements		ofthe charity,			successful 2022/23 year, once again fully
identifying	the	difference the			meriting its Outstanding Ofsted rating. The
charity's	work	has made to			underlying strengths ofthe school —the
the circumstances			of its		ability and dedication of its teaching and
beneficiaries and any wider benefits to society as a whole.					administrative staff and the focus on the individual care provided to each child —have enabled us to cope well with all the issues
					that came our way.
					We conformed closely throughout the year
					with all the various, and varying, guidelines,
					strongly supported by parents and carers.
					We are very fortunate in our physical setting
					and made very good use ofthe extensive
					outdoor space we have available. We
					benefited also from the quality and flexibility
					ofthe classrooms and facilities in our
					Victorian building.
					Financially we continued to be prudent but
					were able to continue a modest programme
					ofcapital expenditure projects. For the year
					as a whole we achieved a surplus, and with a
					healthy balance sheet the school's overall
					finances are in good shape.
					Over the year all the small children in our
					care were looked after with provision tailored
					to each one's needs, with families kept
					appraised ofprogress through regular
					evaluations —features ofthe school that
					underlie our Ofsted rating.
					As ever, support for young families in
					adversity is always considered by Trustees.
					The school is an important part ofthe village
					community and is highly valued by it.The
					school also has strong links with the village
					church, while remaining inclusive to all.
					Looking ahead now the school is very
					optimistic about the future. Without taking
					anything for granted we are confident that the
					school's wide range ofstrengths will continue
					to serve us well over the coming years.

Additional information	(optional)
You ma choose to include	further statements	where relevant about:
Achievements against	Para 1.41
objectives set
Performance offundraising	Para 1.41
activities against objectives
set
Investment performance	Para 1.41
a ainst ob'ectives
Other

Financ	ial Review	ial Review	ial Review	ial Review	ial Review	ial Review	ial Review	ial Review
Review	ofthe charity's										Para 1.21	The school recorded a surplus ofaround
financial position ofthe period						at		the end				213,000, having shown a deficit of around f7,500 in the prior year. This reflected the
												strong pupil uptake in the year. The school
												is in a strong financial position, with healthy
												levels of net assets and cash. This allowed
												various capital and maintenance projects	to
												be undertaken in the year, in particular the
												building of an open-sided outdoor
												classroom.
Statement				explaining					the		Para 1.22	Reserves are held for capital investment,	in
policy for			holding			reserves						particular to maintain our Victorian building
stating	why			they		are		held				and grounds, to cover short-term spikes	in
												operational cashflows, including supporting
												key stakeholders (such as special needs
												pupils, parents and staff, as appropriate);
												and as a safety net for a sudden downturn
												in financial performance, such as an
												adverse change in funding arrangements	or
												in demo ra hicfeatures.
Amount	of			reserves				held			Para 1.22	As per the most recently filed Accounts the
												school's surplus reserves are around
												290,000, represented by the cash balances
												held less working capital requirements.
												These reserves represent around one third
												of annual o cretin costs.
Reasons			for holding					zero			Para 1.22
reserves
Details	offund materially									in	Para 1.24
deficit
Explanation					ofany						Para 1.23
uncertainties					about			the
charity	continuing						as a going
concern
Additional				information					(optional)
You ma		choose				to	include			further statements		where relevant about
The charity's					principal						Para 1.4r	The principal sources offunds are the Early
sources		of		funds		(including						Years funding support from Surrey County
any fundraising)												Council, childcare vouchers used by
												parents, and fees received from parents,	in
												particular from those whose children do	not
												qualify for funding. In addition, there are
												small-scale parent/staff led fundraising
												activities.
Investment					policy		and				Para 1.46
objectives				including				any
social investment							policy
ado ted
A description					of	the		principal			Para 1.46	We face the same general risks as any
risks facing					the charity							other fee-funded school. We are very
												conscious ofwhat they are and manage
												them well see below .
Other

Structure,	Governa	nce	and Manag	ement
Description	ofcharity's			Trust Deed
trusts:
Type of governing document			Para 1.25	Articles ofAssociation
trust deed,	ro al charter
How is the charity			Para 1.25	Company Limited by Guarantee
constituted?
(e.g unincorporated
association,	CIO
Trustee selection methods			Para 1.25	3appointed by existing trustees/directors
including details ofany				1 appointed by Hambledon Parish Council
constitutional	provisions	e.g.		1 appointed by the Rector ofStPeter's
election to post or name		of		Church Hambledon
any person	or body entitled
to appoint one or more
trustees
Additional information		(optional)
You ma choose to include further statements				where relevant about
Policies and	procedures		Para 1.51	The Chairman and Head Teacher have
adopted for	the induction			produced a document	for the induction	of
and trainin	oftrustees			new Trustees.
The charity's	organisational		Para 1.51
structure and any wider
network with which the
charit works
Relationship	with any		Para 1.51	Strong links are maintained with Surrey
related parties				County Council Early	Years and Childcare
				and with other schools in the area.
Other				The Trustees, along with the Head Teacher
				and School Secretary	meet as a
				management team twice per term.
				All matters relating to	the management	of
				the school, including	educational provision,
				staff and staff training,	budgeting and
				financial reporting and strategic planning
				issues are dealt with	at these meetings.
				A risk register is in place and is formally
				reviewed annually. Health and Safety		risks
				are assessed by the	Head Teacher.
				Financial risks are monitored by the
				Treasurer, major building maintenance
				projects are reviewed	in committee at least
				annuall .

Charit	name			Hambledon	Nurse	School Limited
Other name the chari			uses	Hambledon	Nurse	School
Re istered charit		number		1151174
Charity's	principal	address		Rock Hill
				Hambledon	Road
				Hambledon
				Surrey
				GU8 4DR

mes	ofthe charity tru	stees who manage	the charity
	Trustee name	Office (ifany)	Dates acted ear	ifnot for whole	Name to a	ofperson (or int trustee	body) entitled Ifan
1	David Evans	Chairman
	George Edmund	Treasurer
	Wood
	Joanne Bell		Resigned	20/03/2023
	Rory Gilbert		Appointed	23/05/2023
	Simon Willets				Ex officio St Peter's Church,
					Hambledon Parish
	Jude Milan				Exofficio Hambledon			Parish
					Council
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Cor orate trustees	—names ofthe directors at the date the re ort was a	—names ofthe directors at the date the re ort was a
Director name
David Evans		Chairman
Geor e Edmund	Wood	Treasurer
Ro Gilbert

Signed	on behalf ofthe	charity's trus	tees
	Signature(s)
	Full name(s)	David J Evans		George Edmund	Richard Wood
Position	(eg Secretary,	Chairman		Treasurer
	Chair, etc)
	Date	xv/r	z

		Page
Directors' Report
Balance Sheet
Statement ofFinancial	Activities
Notes to the Financial	Statements	5-7

	Notes		2023 f	2022	f
Il'IXED ASSETS
Freehold land and school building			57,083		57,083
CURRENT ASSETS
Debtors		3,857		3,052
Cash at bank and in hand		92238		84229
		96,095		87,281
CURRENT LIABILITIES,
Creditors			(4,081)		(8,371)
NET CURRENT ASSETS			92014		78910
TOTAL ASSETSLESSCURRENT	LIABILITIES		149,097		135,993
NET ASSETS			149,097		135,993
FUNDS
Unrestricted funds			149,097		135,993
TOTAL FUNDS			149,097		135,993

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(INCORPORATING AN INCOME AND EXPENDITUR FORTHE YEAR ENDED 31sr AUGUST 2023	E ACCOUNT)
Notes	2023	2022
	Unrestricted	Funds
	f	f
INCOMING RESOURCES
Fees	277,615	231,073
Registration Fees	1,260	1,020
Interest received	777	90
Sundry Income	119	1,032
TOTAL INCOMING RESOURCES	279,771	233,215
RESOURCES EXPENDED
Salaries	213,792	198,928
Pensions	1,773	1,625
Bank Charges	60	100
Classroom Resources	4,817	3,964
Gardening	268	283
Cleaning	4,686	4,521
Waste Removal	1,848	1,681
Utilities	4,265	3,785
Communications	942	661
Repairs and Maintenance	16,568	10,630
Insurance	2,191	2,046
Business Rates	1,280	783
Consumables	4,764	4,339
Office Supplies	4,344	4,152
Pest Control	586	397
Training	1,969	724
Sundry Expenditure	2,514	2,180
TOTAL RESOURCES EXPENDED	266,667	240,799
NET INCOMING RESOURCES FOR THE YEAR	13,104	(7,584)
	f
TOTAL FUNDS BROUGHT FORWARD	135,993	143,577
TOTAL FUNDS CARRIED FORWARD	149,097	135,993

3.DEBTORSt AMOUNTS FALLING D	UE WITHIN ONE YEAR
	2023	2022
Fees receivable	2,251	2,616
Prepayments	1,606	436
	3,857	3,052

4.CREDITO	RS: AMOUNTS FALL	ING DUE WITHIN	ONE YEAR
			2023	2022
				f
Fees received	in advance		521	3,460
Grants for outdoor classroota received		in advance	0	3,000
Accrued Expenses			3,560	1,911
			4,081	8,371

5. STATEM	E	NT OF FUNDS
		Brought	Incoming	Resources	Carried
		Forwardf	Resourcesf	Expended	Forward
Unresricted	funds
General funds		135,993	279,771	(266,667)	149,097

		2023	2022f
Salaries and wages		209,953	195,296
Employers	NIC	9,038	8,262
Employment	Allowance	(5,199)	(4,630)
		213,792	198,928
Employers	Pension Contributions	1,773	1,625

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