Charity Number: 1153838
St Cuthbert's Old School Nursery
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2025
St Cuthbert's Old School Nursery CONTENTS
| Page | |
|---|---|
| Reference and Administrative Information | 3 |
| Trustees' Report | 4 - 6 |
| Statement of Trustees' Responsibilities | 7 |
| Independent Examiner's Report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11 - 17 |
2
St Cuthbert's Old School Nursery REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Charity Number in England and Wales
Principal Address
Independent Examiner
Rev Ian Chidlow Joanne Davids Caroline Salisbury (Resigned 1 May 2025) Martin Cheal Lora Gardner Kate Cookson (Appointed 1 May 2025)
1153838
Councillor Lane Cheadle Cheshire SK8 2BY
Steven Nixon BSc (Hons) FCCA Langers MN Limited Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY
3
St Cuthbert's Old School Nursery TRUSTEES' REPORT
for the financial year ended 31 March 2025
The trustees present their Trustees' Report and the unaudited financial statements for the financial year ended 31 March 2025.
The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees.
In this report the trustees of St Cuthbert's Old School Nursery present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 March 2025.
The charity is a registered charity and although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements.
Mission, Objectives and Strategy
Objectives
The Nursery is run with the objective of providing a high standard of early year's education with a Christian ethos and is successful in creating a happy and loving atmosphere in which children can thrive and be prepared for entry into school education.
The trustees have taken note of the Commission's guidance on public benefit and regard the provision of high quality nursery education to the local community as meeting this requirement. In particular, the Nursery is able to take special needs children and is widely used by the Stockport Portage Team.
The nursery naturally covers all faiths in its programme, but maintains its Christian ethos with visits to church for short child friendly services (to which parents are invited) at Harvest, Christmas, Easter and for a Leaver's Service at the end of the year.
Structure, Governance and Management
Structure
How the charity makes decisions and how decisions are delegated.
The Nursery operates under the auspices of St Cuthbert's Church which itself is part of the Parish of St Mary's (Cheadle). The nursery premises are in a former Victorian school which are held in trust by the rector and churchwardens of Cheadle Parish Church.
I.L. Chidlow is ex-officio as minister of St Cuthbert's Church.
-
C. Salisbury is appointed by the Parochial Church Council of St Mary’s as churchwarden of St Cuthbert’s Church.
-
M. Cheal is appointed by the Parochial Church Council of St Mary’s on fixed terms.
J.L Davids was appointed by the Parochial Council of St Mary's on fixed terms.
L. Gardner is manager of the Nursery and the Ofsted nominated person appointed by the Parochial Council of St Mary's for her period as manager.
K Cookson is appointed by the Parochial Church Council of St Mary’s as churchwarden of St Cuthbert’s Church.
Mrs Gardner is paid for her role as manager. The appointment of the manager as a trustee was on the direction of Ofsted. Mrs Gardner receives no financial benefits from her trusteeship.
The other trustees are unpaid and receive no financial benefit from their position.
The Trustees meet at least three times per year and take an oversight on the operation of the nursery, finances, strategy, staffing levels and building maintenance issues.
The day to day operation of the nursery is under the supervision of manager - Mrs L Gardner.
Review of Achievements and Performance
The Nursery opening hours are:
Mondays 09:00-12:00 Tuesdays 09:00- 15:00
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St Cuthbert's Old School Nursery TRUSTEES' REPORT
for the financial year ended 31 March 2025 Wednesdays 09:00-15.00 Thursdays 09:00-15:00 Fridays 09:00-15:00
As at 31/03/2025 there were 26 children on our register, 8 less than the 34 last year. 5 children are being observed, assessed and supported by our SEND advisory team. . 20 children received Government funding, 1 of which receives funding from the local government Special Educational Needs Inclusion Fund.
Our staffing level remains at 10.
Activities
We were able to hold our usual services and activities within the school and at St Cuthbert’s Church. Fundraising activities were carried out, including raising £450 at the Cheadle Victorian Christmas Market, to improve the outdoor space and plant hedging at the roadside.
We were successful in obtaining a grant from The Branching Out Fund to purchase the hedge plants. These were planted on a community planting out day in February.
The staff and children enjoyed a visit to the building site next door and the builders donated and installed a mud kitchen to enhance the nursery’s outdoor environment.
Staff:
All trustees continued to serve throughout the year.
The Church Treasurer, a Trustee, has continued to act as Treasurer to the Nursery. We have one NVQ Level 2 student who attends the setting on placement 1 day a week. We have 2 volunteers who attend one morning a week.
The manager and chair of trustees attended a training session on the roles and responsibilities of an early year’s committee.
Future Plans
We continue to invite more outside agencies, visitors and guest speakers to support our children and families. The number of children on the waiting list is currently low and work is being planned on a new prospectus, poster and opportunities to promote the Nursery.
The Nursery celebrates its 50th anniversary later this year with a community open day planned.
Buildings and Maintenance
There have been no significant building changes throughout the last year, apart from routine and necessary maintenance work.
Hedging was planted alongside the external fencing.
Financial Review
During the financial year 2024-2025 unrestricted receipts were £107,981 with an expenditure of £110,697 giving a net deficit of £2,716. Restricted receipts and expenditure were both £453.
Current net assets at the year-end were £72,560 comfortably above our reserve figure of £31,000.
Results
At the end of the financial year the charity has assets of £152,492 (2024 - £155,460) and liabilities of £2,848 (2024 - £3,100). The net assets of the charity have decreased by £(2,716).
Review of the Financial Position
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations.
5
St Cuthbert's Old School Nursery TRUSTEES' REPORT
for the financial year ended 31 March 2025
Reference and Administrative details
The charity name.
The legal name of the charity is:- St Cuthbert's Old School Nursery
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1153838
Legal structure of the charity
The governing document of the charity is the constitution of the CIO dated 17 September 2023 as approved by the Charity Commission in England & Wales (CCEW) .
In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election.
Compliance with Sector-Wide Legislation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. St Cuthbert's Old School Nursery subscribes to and is compliant with the following:
Approved by the Board of Trustees on 30 January 2026 and signed on its behalf by:
________Joanne Davids Trustee
6
St Cuthbert's Old School Nursery STATEMENT OF TRUSTEES' RESPONSIBILITIES
for the financial year ended 31 March 2025
The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act 2011.
In preparing these financial statements, the trustees are required to:
- state whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board of Trustees on 30 January 2026 and signed on its behalf by:
________Joanne Davids Trustee
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St Cuthbert's Old School Nursery INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF ST CUTHBERT'S OLD SCHOOL NURSERY
I have examined the financial statements of the charity for the financial year ended 31 March 2025, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
This report is made solely to the charity's members, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the Board of Trustees that I have done so, and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for my work, or for this report.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. The charity's trustees consider that an audit is not required for this financial year under Section 145 of the Charities Act 2011 and that an independent examination is required.
It is my responsibility to:
follow the procedures laid down by the general Directions given by the Charity Commission under section 145(5) of the Charities Act 2011; and
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:
the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
__________Steven Nixon BSc (Hons) FCCA LANGERS MN LIMITED
Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY
Date: ...............................
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St Cuthbert's Old School Nursery STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 March 2025
| Unrestricted Funds 2025 Notes £ Income Donations and legacies 3.1 35 Charitable activities Nursery 3.2 107,108 Other trading activities 3.3 561 Investments 3.4 157 Other income 3.5 120 Total income 107,981 Expenditure Charitable activities 4.1 110,697 Net income/(expenditure) (2,716) Transfers between funds - Net movement in funds for the financial year (2,716) Reconciliation of funds: Total funds beginning of the year 14 152,360 Total funds at the end of the year 149,644 |
Restricted Funds 2025 £ 453 - - - - 453 453 - - - - - |
Total Funds 2025 £ 488 107,108 561 157 120 108,434 111,150 (2,716) - (2,716) 152,360 149,644 |
Unrestricted Funds 2024 £ - 109,742 - 150 - 109,892 113,497 (3,605) - (3,605) 155,965 152,360 |
Total Funds 2024 £ - 109,742 - 150 - 109,892 113,497 (3,605) - (3,605) 155,965 152,360 |
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.
The notes on pages 11 to 17 form part of the financial statements
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St Cuthbert's Old School Nursery BALANCE SHEET
as at 31 March 2025
| Notes Fixed Assets Tangible assets 8 Current Assets Debtors 9 Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net Current Assets Total Assets less Current Liabilities Funds General fund (unrestricted) Total funds 14 |
2025 £ 77,084 234 75,174 75,408 (2,848) 72,560 149,644 149,644 149,644 |
2024 £ 82,947 147 72,366 72,513 (3,100) 69,413 152,360 152,360 152,360 |
|---|---|---|
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard.
Approved by the Board of Trustees and authorised for issue on 30 January 2026 and signed on its behalf by
________Joanne Davids Trustee
The notes on pages 11 to 17 form part of the financial statements
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025
1. GENERAL INFORMATION
St Cuthbert's Old School Nursery is a charity incorporated in England. The registered office of the charity is Councillor Lane, Cheadle, Cheshire, SK8 2BY which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity’s financial statements.
Basis of preparation
The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.
As permitted by the Companies Act 2006, the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.
Statement of compliance
The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.
Fund accounting
The following are the categories of funds maintained:
Restricted funds
Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity.
Unrestricted funds
Unrestricted funds consist of General and Designated funds.
General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.
Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund.
Income
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.
Nature of income and recognition
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations and is included in full in the statement of financial activities when receivable.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
Expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to support them.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:
Long leasehold property
4% Straight line
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.
Taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
Pensions
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to the profit and loss account in the period to which they relate
| 3. INCOME 3.1 DONATIONS AND LEGACIES Unrestricted Funds £ Donations individually less than £1,000 35 Grants individually less than £1,000 - 35 3.2 CHARITABLE ACTIVITIES Unrestricted Funds £ Nursery: SMBC Grant 85,743 SMBC Special Fees 6,631 Parents Fees 14,734 107,108 |
Restricted Funds £ - 453 453 Restricted Funds £ - - - - |
2025 £ 35 453 488 2025 £ 85,743 6,631 14,734 107,108 |
2024 £ - - - 2024 £ 90,201 - 19,541 109,742 |
|---|---|---|---|
All prior year income was unrestricted.
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
| 3.3 OTHER TRADING ACTIVITIES Fundraising 3.4 INVESTMENTS Bank interest All prior year income was unrestricted. 3.5 OTHER INCOME Commission 4. EXPENDITURE 4.1 CHARITABLE ACTIVITIES Gross wages and salaries Defined contribution pension costs Trustees' remuneration Trustees Defined contribution pension costs Water, heat and light Cleaning - wages & materials Buildings and grounds maintenance Telephone Postage and stationery Insurance Sundry expenses Staff meals and gifts Equipment repairs and renewals Photographs Craft Materials Refreshments Depreciation & Amortisation Professional fees and subscriptions and staff training Governance Costs (Note 4.2) |
Unrestricted Funds £ 561 Unrestricted Funds £ 157 Unrestricted Funds £ 120 Direct Other Costs Costs £ £ 66,449 - 1,374 - 17,708 - 461 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 85,992 - |
Restricted Funds £ - Restricted Funds £ - Restricted Funds £ - Support Costs £ - - - - 2,613 6,746 2,660 1,180 - 674 1,538 470 610 30 136 1,089 5,863 - 1,549 25,158 |
2025 £ 561 2025 £ 157 2025 £ 120 2025 £ 66,449 1,374 17,708 461 2,613 6,746 2,660 1,180 - 674 1,538 470 610 30 136 1,089 5,863 - 1,549 111,150 |
2024 £ - 2024 £ 150 2024 £ - 2024 £ 66,861 980 15,992 261 2,685 6,298 4,196 1,050 24 447 967 879 2,232 - 333 776 5,863 2,169 1,484 113,497 |
|---|---|---|---|---|
Restricted expenditure - Buildings and grounds maintenance £453.
All prior year expenditure was unrestricted.
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St Cuthbert's Old School Nursery
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
| 4.2 | GOVERNANCE COSTS | Direct | Other | Support | 2025 | 2024 | |
|---|---|---|---|---|---|---|---|
| Costs | Costs | Costs | |||||
| £ | £ | £ | £ | £ | |||
| Independent Examiner's fees | - | - | 900 | 900 | 864 | ||
| Independent Examiner's fees - other | - | - | 649 | 649 | 620 | ||
| services | |||||||
| - | - | 1,549 | 1,549 | 1,484 | |||
| 4.3 | SUPPORT COSTS | **Charitable ** | Governance | 2025 | 2024 | ||
| Activities | Costs | ||||||
| £ | £ | £ | £ | ||||
| Support | 23,609 | 1,549 | 25,158 | 29,403 | |||
| 5. | NET INCOME | 2025 | 2024 | ||||
| £ | £ | ||||||
| Net Income is stated after charging/(crediting): | |||||||
| Depreciation of tangible assets | 5,863 | 5,863 | |||||
| Independent Examiner's remuneration: | |||||||
| - independent examination services | 900 | 864 | |||||
| - tax advisory services | 649 | 620 | |||||
| 6. | INVESTMENT AND OTHER INCOME | 2025 | 2024 | ||||
| £ | £ | ||||||
| Sundry income | 120 | - | |||||
| Bank interest | 157 | 150 | |||||
| 277 | 150 | ||||||
| 7. | EMPLOYEES AND REMUNERATION | ||||||
| Number of employees | |||||||
| The average number of persons employed | (including | executive | trustees) during | the financial year was as | |||
| follows: | |||||||
| 2025 | 2024 | ||||||
| Number | Number | ||||||
| Charitable Activities | 10 | 10 | |||||
| The staff costs (inclusive of trustees' salaries) comprise: | 2025 | 2024 | |||||
| £ | £ | ||||||
| Wages and salaries | 84,157 | 82,853 | |||||
| Pension costs | 1,835 | 1,241 | |||||
| 85,992 | 84,094 |
The average number of persons employed (including executive trustees) during the financial year was as follows:
No employee received employee benefits (excluding employer pension costs) of more than £60,000.
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
| 8. TANGIBLE FIXED ASSETS Cost At 31 March 2025 Depreciation At 1 April 2024 Charge for the financial year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 9. DEBTORS Trade debtors Prepayments and accrued income 10. CREDITORS Amounts falling due within one year Trade creditors Taxation and social security costs (Note 11) Other creditors Accruals and deferred income: Pension accrual Other accruals 11. TAXATION AND SOCIAL SECURITY Creditors: PAYE / NI |
Long leasehold property £ 146,563 63,616 5,863 69,479 77,084 82,947 2025 £ 128 106 234 2025 £ - - 167 389 2,292 2,848 2025 £ - |
Total £ 146,563 63,616 5,863 69,479 77,084 82,947 2024 £ - 147 147 2024 £ 140 1,109 - 252 1,599 3,100 2024 £ 1,109 |
|---|---|---|
12. PENSION COSTS - DEFINED CONTRIBUTION
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs amounted to £1,835 (2024 - £1,241).
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
13. RESERVES
| At the beginning of the year Deficit for the financial year At the end of the year 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS At 1 April 2023 Movement during the financial year At 31 March 2024 Movement during the financial year At 31 March 2025 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2024 £ Restricted funds Branching Out Fund - Unrestricted funds Unrestricted General 152,360 Total funds 152,360 |
Unrestricted Funds £ 155,965 (3,605) 152,360 (2,716) 149,644 Income Expenditure £ £ 453 453 107,981 110,697 108,434 111,150 |
2025 £ 152,360 (2,716) 149,644 Restricted Funds £ - - - - - Transfers between funds £ - - - |
2024 £ 155,965 (3,605) 152,360 Total Funds £ 155,965 (3,605) 152,360 (2,716) 149,644 Balance 31 March 2025 £ - 149,644 149,644 |
|---|---|---|---|
Unrestricted Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.
Restricted Funds
Branching Our Fund.
A grant from the Tree Council for the purchase of shrubs.
14.3 ANALYSIS OF NET ASSETS BY FUND
15.
| - Unrestricted general funds TRUSTEES' REMUNERATION Remuneration including pension contributions |
Fixed assets charity use £ 77,084 77,084 |
Current assets £ 75,408 75,408 |
Current liabilities £ (2,848) (2,848) 2025 £ 18,169 |
Total £ 149,644 149,644 2024 £ 16,253 |
|---|---|---|---|---|
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St Cuthbert's Old School Nursery NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
Remuneration payable to trustees or connected persons
Mrs L.J. Gardner - £17,708 (2024 £11,527) Mrs M.T Breslin - £0 (2024 £4,465)
Nursery manager. Mrs Gardner replaced Mrs Breslin 31 August 2023. The nursery manager was appointed as a trustee in April 2016 on the direction of Ofsted. In addition to salary the nursery manager also receives employer pension contributions.
Pension payments relating to trustees or connected persons
Mrs L.J. Gardner - £461 (2024 £205) Mrs M.T Breslin - £0 (2024 £56)
16. RELATED PARTY TRANSACTIONS
There were no transactions with related parties in the year, except with regard to trustees' remuneration, which is fully disclosed in notes above.
17. POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
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