2021-03-31-accounts

Charity Registration No. 1154148 Company Règistration No. 04222352 (England and Walos} Woodroyd Nursery And Childrens Centre (A Company Limited By Guarantee) Trustees. Annual Report And Financial Statements For The Year Ended 31 March 2021

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	H Siddique
	A Martin
	S Khan
	H Hall
	S Mohammed
	F Shaheen
	T Sajawal
Charity number	1154148
Company number	04222352
Principal staff	Farzana Shaheen (Nursery Manager)
	Aysha Rashid (Nursery Manager)
Operating address	Woodroyd Nursery
	Woodroyd Road
	Bradford
	BD5 8EL
Registered office	125 Main Street
	Garforth
	Leeds
	LS25 1AF
Independent examiner	Jessica Lawrence FCA CTA
	Azets Audit Services Limited
	Triune Court
	York
	YO32 9GZ
Bankers	National Westminster plc
	69 Station Road
	Cross Gates
	Leeds
	LS15 8DJ

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees, report Independent examiner's report Slalemenl of financial aclivtties BalanGe sheet Notes to U)e financial statements 9-18

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 The Truste8s who are aLso Directors for the purposes of company law, arg pleased to p￿sen1 their annual report together wilh the independently examined financial slatemenls Df the charity for the year ended 31 March 2021, which are also prepared lo meet the requirements for a directors, report and Finanaal Slalernenls for Companies Act purposes. The flnanclal slalemenls have been prepared in accordance wlth the accountlng policles set out In note 1 10 the finanryal stalem9nts and comply with the Charity's memorandum and articles of association, the Companies A￿ 2006 and 'Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accDLJnts in accordance wlh the Financial Reporting Standard appli￿ble in the UK and Republic ol Ireland IFRS 1021" (effective from 1 January 20191. ReferenGe and Admlnlstratlve Detalls Th& Legal and Administrative Information page forms part tsf this report. Oblectlves and actlvltles The chartty's objects are.. To enhance the development and education of children, particulady but not exclusively, below slalutory school age and ID advan￿ education, relieve poverty, sickness, and distress, and provide leisure lime facilities in the interests ol social welfare for families in Wesl Bowling and the surroundin9 area. To work in partnership wlh parents and other agencies to enable us to achieve our goal. The Charity is no longer SUPF)Orted by the Sure Start Government programme and the current services promded by the Charity consi8t of the Childcare provision however Ihe princip818 of the Charity continue as we maintain our commitment to children ServI￿S and supporting children and their families wlh additional needs. The Woodroyd Nursery and Children's Centre reach area covers the local BradfDrd City area Df West B0￿ing. The aims, objectives and activities of the charity are reviewed annually, and our achievements assessed. When reviewing the aims and objectives of the charty, and in planning future activities, the Trustees have rllplied with the duly in section 17 of the Charities Act 2011 lo have due regard lo public benefit guiclance published by the Commission. The Trusl8es have paid regard lo guidanc8 issued by Ihe Charity Commission in éeciding whal acliviti8s the Charity should undertake. Achievements and performance Introduction Woodroyd Nursery and Children's Centre is constantly developing its practice to meet Ihe needs of children and their parentsI￿rerS In the local communlty. During this finanaal year the child¢are facility offered 88 places and 176 sessions. Occupancy in the 2 - year old's room was 45,% and 3 - 5-yè8r old's mom 430/0 by 31 March 2021. The Earfy Years Foundation Stage framework has ￿en fully implemented and the electronic system for tracking children's development across the nursery has been embedded in practice. All staff received refresher training in August 2021 on the important area of Safeguarding Children. Children's attendance is monitored and tracked on a daily basis following the Nursery Safeguarding and Attendance Policy. Off-premis&s fomis are monitored daily and audited wee￿Y lo safeguard Children.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Kgy achievoments this year includg.. WDodrDyd Nursery and child￿n'S Cenlre is based in a deprived area which has very low national data for deprivalion. We have rnany children who are able to aC￿SS the free 2- ané 3-year-old entitlement pla￿$ in nursery. Woodroyd Nursery and Children's Centre have continuecl to develop ils work with Bradford Tridenl. local r9g9n9ralion organisation, who in partnership have successfully won the Lott9ry Beller Start Programme bringing up 10 £50 million lo the local area, lo support thildrèn and families by funding grants lo providers lo deliver stay and play groups for children and training programmes lor parents. Woodroyd Nursery and Children's Centre is Eoniinuing to work in partnership wlh olh8r childcare providers from the IDcal area and family hub services in the community to proactively work together tD incre8se up take of 2-ye81 offer. Woodroyd Nursery and Children's Cenlre is curyenuy working wtth the local authority across the Earfy years foundatlon stage, wtth direct prolect Ilnks the local schools In Ihe area. Thls project supports th9 devglopm8nl of children in key areas of learning through tracking. data sharing, this collaborative working is highlighting that children from our centre are attaining positive outcomes. Training has continued to be an important part Df continuous prDfessional development and staff have received refresher training for all the mandalory requiremen15 as well as Eady Years Education training. We use online Noodle Now training programmes tD SUPPOrt continuous development. We continue lo suppori our staff with developing their skills and enhancing their qualifications, one of our nursery managers, Aysha has recenuy completed NVQ Level 5 Diploma in Leadership and ManagomenL Bushra support worker also successfully completed her NVQ Level 3 in Early Years. The Nursery has been very busy over the last year. We offer 88 places either full day care or sessional term lime only lo children from the ages of 2-3,5 and 3-5s. Al staff work effectively to SUPPDrt children in meeting the seven areas of learning and the characteristlC5 Of effective practi￿ in Early Ye8r5 Found8tion Stsge Framework. Staff have Individual development plans which consists ol management targets as vvell as peer obseNalion tsrgels. These plans are regularfy evaluated and updated In 1Sne I￿1h slaff supervlslon 18rgets. Woodroyd Nursery and Children's Centre work dosely wrth the local authorty on tho quality imprDvemenl priDritisation and support lool. A focAJS action plan ig in place with OFSTED actions which we are continuously worknng towards achieving through our ijaily praclice. Children shDW good progress on the nursery cohort average Point progress system. Children's progress is monitored termly, 8nd individual children action plans are implemented lo support children's progression in areas showing risk of delay, al typical, or ahead. Woodroyd Nursery and Children's Centre have built a team of Bank Staff lo provide children wlh congistency and to remain cost effective. We use continuous professional development programme lo mentor and develop staff skills and knowledge. Woodroyd Nursery and Children's Centre are working in partnership wlh better start Bradford in delivering stay and play groups for Ghildren and parents in the community. We hav8 Goll3ted feedbad( from parents to plan themes for our sessions around learning and development. Woodroyd Nursery and Children's Centre have continuously been working in partnershlp wllh NHS Fluoride vamishing programme for the past lew years lo ensure children within our setting are accessing dental care. The programme aims to improve Ihe oral health of young children by providing loolhbrushes and fluoride loolhpasle at nursery and applying fluoride vamish lo thildren's leèlh twicÈ a year. Woodroyd Nursery and Children's Centre work in partnership with parentslcarers to develop their knO￿￿edge and skills in cooking healthy and nutritional meals lor a welkbalanced diet in partnership th c(KJking for a Beller Start delivered by HENRY initiated by Better Start Bradlord. I CAN Speech and Language carries out educatlDnal assessments fDr children with a range of difficulties and specialise in children wttrh speech, 18nguage, 8nd communication needs. W0￿rOy￿ Nurs8ry and Childrens Centre work alongside I CAN provide educational support lo Ihose children with dhfficulties.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Public Bengfit Nursery: Woodroyd NU￿ery and Children's Centre offer high quality nursery education through the free entitlemeni for all 2, 3 ané 4 year olds who meet a sel governrnenl criteria, enhancing Iheir educational atlainmenl. To Children.. The provision of high quality childcare 8nd education delivered in purwse built and well- r&sourc9d s911ings 9nables children from disadvantaged areas lo enjoy and achigvg their potential in regard lo thèir physical, social and intèllectual development. To Families- The provision of affordable and locally accessible day and sessional car8 enables parents and families to improve their economic well-being,. parents are enabled to return to employment andlor training which contributes lo lessening the impact of low incotne and unempqoyment on the health and well-being of families. All families are supportgd lo acc9ss gntitlements lo Working and Childcarg Tax Crgdits towards the Gosl of childcare fees and any enlfclements allached io returning lo work or education. Families receive SUPPOrt wlh parentin9 routines beh8viour and safe9uardin9. General All our services are evaluated by parents and other agencies we work alongside,. we have an increasing LY)dy of evidènce which shows how valued the services ara and the impact they are h8ving on families and individual children. We are alsD able to evidence the positive changes to the Work practices of other agencies as a result of the joint workin9 8nd trainin9 we provide. In terms of worktorGe development, our annual Training Needs Analysis shows that all staff have again accessed two or more training courses during the penod. The Child Care Provision receive(J an Ofsled inspection gra(Je of Outstanding in All Areas in November 2017. As ofApril 2018 we are no knnger requi￿ to maintain an Ofsted Self Evaluation Plan however ag a maller of good practice we conbnue to update our own Centr8 Improv8menl Plan. Contexiual Infom)8tion As an orgsnisalion we are committed lo the on%oing professional development of our staff. The organisation produces an annual staff training plan which links directly lo our seroice and staff development needs., this rocesg is routinely lied in lo our staff gupÈNi8ion and annual appraisal system. This also ensures that the children's educational curriculum is continually changing lo meet Education objectives and individual leaming plans. Fundraising Section 162a of the Charities 2011 requires charities to make a ststement regarding fundraising activities. The legislation defines fundraising as "soliciting or otherwise procuring money or other property for charitable purposgs" Th9 charity does not actively raise funds from the public eith9r dirg¢lly or via us9 of an aggnl. accordingly no such amounts arè presenlttd in the financial statèments for the year undèr rèview. Given the nature of the funding of the charity the Trustees consider that it remains appropriate not to be voluntarily EM)und to be r￿ulated by the Fundraising Regulator. The charrty has re￿1Ve￿ no complaints in relation lo fundraising activity for the year under review.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Flnanclal Revlew The income for Ihe year was £318,043 12020 - £364,098), with expenditure of £419,04712020 £491,543) which left us with a deficit of £101,004 {2020 £127,445). Our total reserves are £1,208.398 12020 £1.309.4021 ol which £340.567 {2020 £431.9551 is free reserves. Given lunding Changes this is necessarily in eX￿s5 of the historic reserves policy Df holding 6 months operating expenditure. The charity's principal source of lunding is grant funding received via Bradford Metropolitan District Council for the Children's Nursery and Centre fee income recewed mainly from parents for the provision ol day care nursery services. Trustees are informed at Board meetings of the financial status of the Charity by the Finance Officer who explains the detail of the financial sheets. The financial documents are available for further gcruliny should the TrusteÈs require. Plans for Future Periods The Nursery provision will continue to focus on its development away Irom the full Children Cenlre delivery programme ensuring that we are a sustainable senri￿ that continues lo support the developrnent and learning Df young children. Obtaining a high assessment grade wlh Ofsted will be a priority. 11 is anticipated that additional funding and support servi￿8 will be identified i>y the Charity lo maintain delivery of additional family support servicgs such as targeted Slay & Play groups, health drop-in sessions and physical activity groups i.e. PE sessiDn8. WoDdroyd Nursery and Children's Centre havé organised an activity for nursery children delivered by 80c￿le Babes in October 2019 which incorporates dance to improve physical health. The Board Df Trustees will continue to support the staff ieam deliver ServI￿S in the future and bLJild on Dur success idenltfwng appro8ches lo ensure we continue lo meet the objective5 of our charity. Woodroyd Nursery and Chlldren's Centre staff ￿11 conllnue to carry out outreach to support nursery O￿Upancy. w0(￿roy￿ Nurs9ry and Children's Cgntrg will continu8 lo wort( in partnership with Bradford East Family Hub to support the delivery of outreach using the s2s list targeting families with children aged 2. Structure. governance and management Woodroyd Nursery and Children's Cenlre is a registered charity and company limiled by guarantee and is therefore govemed by a Memorandum and Articles ofAssocialiDn. The charity generally recruits new Trustees throLJgh personal contact and recDmmendation from existing Trustees. An advert is placed on the Website and nursery news letter lo encourage any new parent Trustees lo apply. Al Trustees are routine￿ supplied with updates and information with ward to their role and are checked for suilabilily, Induding DBS check. All Truslees have equal voting rights with the exception of Farzana Shaheon, Trusleo and Nursery Manager, o are Ljnable to participale in votes. Any remunerab.on paid or expenses reclaimed by Truslees frDm the charity are set OLrt in note 6 to the financial statements. The charity is organised SD that the Trustees meet regularly to manage its affairs. Woodroyd Nursery and Children's Centre has a wlicy of continual review of operational and finanryal risks based upon tried and trusted poliGias and procedures. The Trustees m8el r&gulady throughout th8 year. The pay of Ihe charity's key personnel is rewewed annu8lly normal￿ increased in 8ccord3nce wlh average earnings. The remuneration Is also bench-marked with nurseries of a similar size and activily to ensure Ihat the remuneration sel is fair and not out of line wttrh that genemlly paid for similar roles.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The Trustees, who are also the directors lor the purpose of company law. and who Se￿ed during the year an up to the date of signature of the financial statements were.. H Siddique A Martin S Khan H Hall S Garneti S Mohamrned F Shaheen T Saj8wal {Resigned 1 April 20211 Slatsment of Truste8s' responslbllltles The Trustees are responsible for preparing the Trustees, Report and the finanaal statements in accordance with applicable law gn¢J United Kingdom Acwunling Standards Ivniled Kingdom Generally AG￿ptell Accounting Praclicel. Company Law requires Ihe Trustees to prepare financial slalements for financial year which givg a Irue and fair view of the stale of affair5 of the Charity and of the incoming resources and application of resour￿5, including Ihe income and expenditure, of the charitable company for that year. In preparing these financial statements, Ihe Trustees are required to.. se18cI suitablg accounting policies and then apply Ih&m consisl@ntly'. observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., state whether appli¢able UK Accounting Standards have been followed, subject lo any material departures dlsclosed and explalned In Ihe flnanclal stslen)ents', and prepare the financial sialemenls on ihe going con￿rn basis unless it is inappropriate lo presume that the Charity will continLJe in operation. The Trustees are responsible for keeping adequate accounting records that disclose wrth reasonable accuracy al any time the financial position of the Charity and enable them lo ensure Ihat the financi81 stslements comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of the Charty and hence for taking rèasonable steps for the prevention and detection of fraud and other irrègularities. Small Company Rules This report has been prèpared in accordance with thè special provisions for small companies under Part 15 of the Companies Acl 2006. The Trustees, rewrt was approved by the Board of Trustees on their beh8M by.. H Siddique Chair of Trustees Dated.. L4IL212021

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOODROYD NURSERY AND CHILDRENS CENTRE

I report to the Trustees on my examination of the financial statements of Woodroyd Nursery and Childrens Centre for the year ended 31 March 2021.

This report is made solely to the Charity's Trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's 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 Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Trustees of the Charity (and also its Directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the accounting requirements of section 396 of the 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 financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Jessica Lawrence FCA CTA

Azets Audit Services Limited Triune Court York YO32 9GZ

16/12/2021 Dated: .........................

• 6 -

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 UnrestriGted Re5triGted funds funds 2021 2021 Total Total 2021 2020 Notes Income from: ChartLable aclivtties Other trading activities- rental income 164,428 16,875 136,740 301,168 16,876 341,150 22,948 Total income 181,303 136,740 318,043 364,098 Charitable actlvkies 282,307 136,740 419,047 491,543 Net expenditure for the yearl Net movement in funds 1101,0041 1101,004) 1127,4451 Fund balances at 1 April 2020 1.212,393 97,009 1,309,402 1,436,847 Fund balanc85 at 31 March 2021 1,111,389 97,009 1,208,398 1,309,402 The slalemenl of financial activities includes all gains and losses recognised in the year. All income and exp8nditure derive from C4)niinuing activities. A fully detailed Sialgment of Financial Acb'vities for the year ended 31 March 2020 is shown on Note 15 to the financial statements. The ststement of financial activities also complies with the requirements for an income and expendfcure account under the Companies Act 20Q6. The notes on pages 9- 18 form part of these financial slatemenls.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 MARCH 2021 2021 2020 Notes Fixed assets Tangible assets 867,831 877.447 Current assets Debtors C8sh at bank and in hand 21,610 340,297 12,220 439,644 361,￿7 451,864 Credltors.. amounts falllng due wlthln one year 10 121,3401 119,g)91 Nel current assets 340,567 431,955 Total assets less current liabilitits 1,208,398 1,309,402 Funds Restricted funds Uncestricled funds 12 97,L109 1,111,389 97.009 1,212,393 1,208,398 1,309,402 The charitable company is entitled to the exemption from the audil requirement contained in section 477 of the CDmpanies Act 2006, for the year ended 31 March 2021. The directors acknovledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting reGords and the preporglion of Iinancial slalemenls. The members have not required the company lo obtain an audit of ils financial statements for the year in question in accordance with section 476. These financial stalements have been prepared in accordance with the provisions applicable lo companies subject lo the small companles reglme. 1411212021 Th8 financial stslem6nts were approved by the Trust6es on ......................... H Siddique Chalr of Trustees Company Reglstratlon No. 04222352

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accountlng pollcles The principal accounting policies adopted, juégements and key sources of eslim81ion un￿rtainlY in Ihe preparation ol the financial slalemenls are as follows.. Charlty InformatSon Woodroyd Nursery and Childrens Centre is a charitable company limited by guaranlee, the liability of Ihe Trustees is limited to £1. The Charity was IncorF)oraled In England and Wales and the registered office is 125 Main Street, Garforth, Leeds, LS25 1 AF. 1.1 Accounting convontion The financial slalemenls have been prepared in accordance wth the Chaiity's Memorandum and Arlicles of Association. the Companies Act 2006 and 'Accounling and Reporting by Charities.. Statement of Recommended PraelicÉ applicablè lo charities prèparing their accounts in accordance wlh the Financial Reporting Standard appIl￿ble in Ihe UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" The Charity is a Public Benefit Entty as defined by FRS 102. The Charity has laken advantsge of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Ststement of Cash Flows. The financial slatemenls are prepargd in slerfing, which is the functional currency of th8 Charity. Monglary amounts in these financial statements are rounded to the nearest £1. The linancial slalemenls have been preparBd under the historical cost convention. 1.2 Goin9 concern The Trustees have prepared financial projections, taking into consideration the GU￿￿nI economic Climate created by COVID-19 and its potential impact on the SoUr￿S of income and planned expenditure. They have a reasonable expectation that adequate tinancial resources 8re 8vai18ble to enable the charity to continue in operational existence for the foreseeable future, and have adequate ¢onlingency plans in Ihe event that Income streams are reduced. Consequently tt)e flnandal statements have been prepared on th8 basis that the charity is a going concern. 1.3 Charitabla funds Unrestricted fvnds are available for use at the discr8tion of the Trustees in furtherance of th8ir charitabl8 objèctwes. Restricted funds are subject lo specific condilions by donors as to how they may be used. The purtx)ses and uses of the restricted funds are sel out in the notes to the financial slalemenls. 1.4 Income Income is recognised when Ihg Charity is18gally enlilled to it after any perfomiance conditions havo been mel, the amounts can be measured reliably, and il is probable that income will be re￿ived. DDnatlDns and gifts are recognised in the Statement Df Financial Actimties I SOFA") on receipt Other donations are recognised once the Charity has been notified of the donation, unless perform8nce ondilions require delerral ol the amounL Grants, where entitlement is not conditional on thg delivery of a specific performance by th8 charity, are recogni5ed when the charity becomes unconditionally enliljed to the grant. The charrty benefits greaily from the involvement and enthusiastic support of its volunteers, details of which are gwen in our annual report. In accordan￿ with the Charities SORP IFRS 1021, the economic contribution of general volunteers is not recognised in the financial ststemenls.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accounting policios Icontinugdl 1.5 Expenditure Expenditure, which includes attributable VAT which Gannol be recovered, is reGognised onGe there is a legal or conslruclive obligation lo make a payment to a third party, it is probable that selUgm8nt will be required and the amoLJnt of the obligation can be measured reliab￿. Charitable expendilure comprises those costs incurred by the charity in the deliverance of its activities and services fDr its beneficiaries. It includes bolh costs that can be directly allocated to such activities and those costs ol an indirect nglure necessory to supky)rt them. Govemanee eosts, ineludèd in support costs, include Ihose costs incurred in the governance ol Ihe d)arily and ils assets and arg primarily associal&d with conslilulional and slalulory requirements and are allocaled lo charitable aclivities. 1.6 Tangible lixed assèls Tangible fixed assets are Initial￿ measured al cost and subsequently measured al cost or valuation, net of depreciation and any impaimienl losses. Depreciation is recognised so as to wrtte off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Long18asehold land and buildings Fixtures fittings and equipmenl Over the remaining Itte of Ih&18ase 25910 Reducing Balan Tangible fixed assets costing more than £2,500 are capitslised. The gain or loss arising on the disposal of an asset is delemiined as the difference befvveen the sale proceeds and the trarrying value Df ihe asset, and is crediled or charged lo the statement of financial adiviti8S. 1.7 Cash and cash equivalènts Cash and cash gquival&nts inclutje cash in hand, d8posits held al call with banks, olh8r short-lerm liquid investments with original malurities of three months Dr less, and bank Dverdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The Charity has elected lo apply Ihe provisions of Section 11 'Basic Financial In51ruments' and Section 12 'Other Financil Instruments Issues, of FRS 102 to all Df rcs financial instruments. Financial instruments 8re recognised in the Charity's balance sheet when the Charity bewmes party lo Ihe contractual provisions of ihe instrument. Financial assets and liabiliti8s are offs&l. with the nel amounts p￿senIed in the financial slalemenls, when there is a legally enfor￿able right to set off the recognised amounts and there is an intention to setue on a net basis or to realise the asset and settle the liability simultaneously. Debtors Trade and other debl(>rs are ￿cognised at the settlement amount due after any trade discount offered. Prepayments are valued al the amount prepaid. FinanGial assets, Other than those held at fair value through profit and loss, are assessed lor indicators of impairment at each reporting end dale. Financial assets are Impaired where Ihere is objective evidence Ihal, as a result of one or more events that occurred after the infcial recognition of the finanaal asset, the estimated future cash flows have been affected. Any impaimenl loss is recognised in Ihe income and expenditure account. 10

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accounting policios Icontinugdl Credltors, loans and provlslons Creditors, loans and provisions are recognised where the charity has a present obligation resulb.ng from a past event that will proLi8bly resull in the transfer of funds lo a third party and the amount due to selue Ihe obligation can be measured or estimated reliably. Creditors, loans and provisions are nomially recognised al their selllemenl amount after allowing for any trade discounts due. Financial liabilities are only derecognised when, and only when, the charity's obligations are discharged, cancelled or they expire. Amounts re¢ognised as provisions are best estimates of the consideration required lo settle the present obligation at the reporting end dale, taking into acwunl the risks ancl uncerlginlies surrounding Ihe obligation. 1.9 Taxatlon Woodroyd Nursery and Children's Centre is a registered charity and as such is a chariiy within th& meaning of gehedLJle 6 of the Finance Acl 2010. Aceordingly. the Charity is potentially enlilled to lax oxgmplion under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising. 1.10 Employee benefits The costs ol short term employee benefits are recognised as É liability and an expense where settlement of obligalions does not fall within the sarne period. 1.11 Retirement benefits Payments lo defined contribution retirement benefil schemes are charged as an expènse as Ihey fall due. Critical JCGounting estimales and judgements In the application of the Charity's accounting Wjli￿es, the Trustees are required to make judgements, estimales and assumptions about the carrying amount of assets and li8bilities that are not readily apparent from other SoU￿s. The estimates and assoGialed assumptions are based on historical experience an(J other factors that are wnsidered to be relevant. Actual results may diff&r from these estimates. The eslimales and underlying a55umplions are remewed on an ongoing basis. Revisions to aGGounting estimales are recognised in the period in which the estimate is revised where the revision affects only that period, or In the period of Ihe remsion and futu￿ periods where the revision affects both current and fvtufe periC￿S. After review the Trustees Consider Ihal there arè no crilieal èstimates ané assumptions which have a significant risk ol causing a material adjuslmenl lo tho carrying amounl ol assgls and liabilities within Ihg financial statements.

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 CharSlable actlvltles 2021 2020 Nursery Education Fund 2 Year old offer Nursery fees 163,270 136,740 1,158 177,741 144,924 18,485 301,168 341,150 Analysls by fund: Unreslricled funds Restricled funds 164,428 136,740 1￿,226 144,924 301,168 341,150 12

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 CharSlable actlvltles Childcare Governance Total Childcare Governance 2021 Total 2020 2021 2021 2020 2020 staff costs Agency staff costs Reoyuilmenl Stsff trainino Consumables Premises costs Training for parents 233,483 2,682 233,483 2,682 279,723 279,723 528 4,993 22,778 92,031 1,808 528 4,993 22,778 92,031 1,808 1,714 12,068 76,663 3,685 1,714 12,C68 76,663 3,685 330,295 330,295 401,861 401,861 Share of support costs (see note 51 80,692 80,692 81,747 81,747 Share of governance costs {see note 51 8.060 8.(￿0 7.935 7.935 410,987 8,060 419,047 483,608 7,935 491,543 Analysi5 by fund Unreslricled funds Reslricled funds 274,247 136,740 8,060 282,307 136,740 338,684 144,924 7,935 346,619 144,924 410,987 8,060 419,047 483,608 7,935 491,543 13-

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WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Trustees One of the Truste85 15 3150 an employee ol Ihe charity and received remuneration during the year totalling £30,136 lincluding employers Nl and pension contributionsl12020'. Dne trustee recepJed £28,720). No Trustees received out ol pocket expenses relaling lo reimbursed travel costs incurreoj on charity business in ef(her the current or prior year. Employees The average monthly number of employees during the year was.. 2021 Number 2020 Number 21 20 Employment Costs 2021 2020 Wages and salaries Social security costs Other penslon costs 237,815 8,323 7,811 276,266 15,221 8,313 253,949 299,80Q No employee earned £60.000 or rrTore during cu￿ent or prior year. The lolal employee remuneration of Ihe two12020.' two) key managèment pergonnel of the ch2rily wag £60.314 {2020.' £59.9651. There were no employees whose annual ￿m￿neratIOn was more th8n £60,000. 15-

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Tanglble flxed assets Long Fixtures lea88hold land fitlings and and bulklln95 equlpm8nt Total Cost At 1 April 2020 Ad(Jitions 987,654 252,303 6,810 1,239,957 6,810 At 31 March 2D21 987,654 259,113 1.246,767 Depreciation and impairment At 1 AprS12020 Depreciation charged in the year 128,542 10,108 233,968 6,318 362,510 16,426 At 31 Ma￿h 2C121 138,650 240.286 378,936 Carrylng amr>unt Al 31 March 2021 849,004 18,827 867,831 At 31 Ma￿h 2020 859.112 18,335 877,447 Debtors 2021 2020 Amount5 falling due within one year: Trad8 deblors Prepayments and accrued income 1,667 19,943 1,fj67 10,553 21,610 12,220 10 Creditors.. amounts falling due within one year 2021 2020 Accruals and deferred income 21,340 19,909 16-

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 11 Operatlng lease commltments At the reporting end dale the Charity had outslanding commitments for future minimum lease payments under non-C8ncellable oper8ting le8ses, which fall due as follows.. 2021 2020 Within one year Beluveen two and five ye8rs 2,710 3,176 7,030 5,888 5,886 12,916 12 Restrlcted funds The income funds of the charity Include restricted funds comprising the following unexpended balances of donations and grants held for specthc purposes.. Movement In funds Income Expenditure Balance at 31 March 2021 Current year Balance at 1 April 2020 Capital Grant Bradford Eady Years & Childcare Services- 2 Year Old offer 97,009 97,009 136,740 1136,7401 97,009 136,740 1136,7401 97,009 Purpose of reslricted funds: The Capit81 Grant fundino is towards the alterations and exlension to the p￿MiseS at the Nursery and Children's Cenlre. 2 Year Old Offer is lo provide free nursery educ81ion for 2 year old children evidencing disadvantage. Movement In funds Income Expenditure Balance at 31 March 2020 Prior year Balance at 1 April 2019 Capital Grant Bradford Earfy Years & Childcare Services- 2 Year Old offer 97,009 97,009 144,924 1144,9241 97,009 144,924 1144,9241 97,009 17-

WOODROYD NURSERY AND CHILDRENS CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 13 Analysls of net assets between funds Unrestricted Restricted 2021 2021 Total 2021 Fund balances at 31 March 2021 are represented by.. Tangible assets Net CLJrrenl assets 770,822 340,567 97,009 867,831 340,567 1.111.389 97.009 1.208.398 Unrestricted Restricted 2020 2020 Total 2020 Fund balancés at 31 March 2020 ara roprésantad by.. Tangible assels Net current assets 780.438 431,955 97.009 877.447 431,95S 1,212,393 97,009 1,309,402 14 Related party transactions Other than the Iransaclions disclosed in note 6 lo the financial statements there are no other disdosable relaled party transactions. 15 Comparatlve Statement of Flnanclal Actlvltles Unrestricted Restricted funds fund5 Total 2020 ncome Irom: Charitable activities Other trading activities- rental income 196,226 22,948 144,924 341,150 22,948 Total in¢om• 219,174 144,924 364,098 Charitable activities &16,619 144,924 491,543 N•t •xp•ndltur•for th• yèarl net movgmgnt in funds 1127,4451 1127,4451 Fund balances al 1 April 2019 1,339,838 97,009 1,436,847 Fund balances at 31 March 2020 1,212,393 97,009 1,309,402 18-

Woodroyd signed accounts

Final Audit Report

2021-12-16

Created: 2021-12-16 By: Jessica Lawrence ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAKlS4wfEy_NQ1AWNaJegEm-494jr1NFhC

"Woodroyd signed accounts" History

Document created by Jessica Lawrence ([e-mail])

2021-12-16 - 13:14:11 GMT- IP address: 188.65.96.84

Document e-signed by Jessica Lawrence ([e-mail]) Signature Date: 2021-12-16 - 13:15:06 GMT - Time Source: server- IP address: 188.65.96.84

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Document approved by Haqueq Siddique ([e-mail]) Approval Date: 2021-12-16 - 16:10:46 GMT - Time Source: server- IP address: 80.189.244.97

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Approval Date: 2021-12-16 - 16:13:22 GMT - Time Source: server- IP address: 188.65.96.84

Agreement completed.

2021-12-16 - 16:13:22 GMT