Reelstered Charity number.. 1154939 KAMELIA KIDS (cio) FOR THE YEAR END 31 DECEMBER 2024
KAMELIA KIDS LEGAL AND ADMINISTRATIVE INFORMATION Patron Lady Emma Bamafd Trustees K Haffenderl (Chairl K Thompson P Jarman L &nith G Launders (Resigned 12102120241 P Byfield (Resigned 12102120241 Nursery Operations Director S Charlesworth Charity Number 1154939 Campany NuMr CEfA)1502 Iregistered externally) Registered Office & Principal Address Kamelia Kids Day Nursery Wellesley Avenue Goring-by-sea Worthing West Sussex BN12 4PN Audltors TC Group The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN United Kin8dom Bankers HSBC Bank Warwick Street, Worthing I Wa1(k Street Worthing West Sussex BNII 30E Webslte http:/lwww.kameliakids.org.uV
KAMELIA KIDS CONTENTS P3ge Trustees, Report StateJnent of Trustees, Responsibilities Ileport of the Independent Auditors Statement of Financial Attivities 12 Balance Sheet 13 Cash Flow Statemenl 14 Notes to the Financial Statements 15
KAMELIA KIDS TRUSTEES, REPORT The Trustees, present the 8nnual report together with the financial statement5 of the charity for the year ended 31 December 2024 comply with the Charity's governing document, the Charities Act 2011 and Accounting and Reporting by Ch3rities'. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Oblettlves and activitles Objects and ulms The objetts of the Charity are as follows= Yo support all children particularly those with special and additional needs due to sickness, physrcal or mental disability, poverty or social and economic circumstance5 through the provision of facilities, help and education, including support to their families and carers, to enable them to achieve the best possible educational. developmental and other outcomes." Objertives, strotegie5, ondartivities The Charity continues to fulfil its objects through the provision of eaily years learning and development to Children of all abilities Wtthin a fully inclusive and integrated environment. The artivities continue to be provided from the purpose-built premises in Goring by Sea and our beach hut on Gofin8 seafront. The Early Years Foundation Stage IEYFSI is the Statutory framework for all earty yearfs providers in England and sets the standards thai all early year'5 providers must meet. Ofsied regtslate and inspect all early yearfs providers against the safeguarding and welf8re requirements arbd areas of learning to determine how well children are kept safe and healthy. Kamelia Kids pedagogy focu5es on providing an inclusive and rich leaming environment to prepare children for lrfe in the twenty first century. Moreover, it aspires to give children the best start in life and to help them grow and develop into emotional healthy individuals. Kamelia Kids curriculum is guided by the four overarching principles of the EYFS.. Unique child Positive relationships Enabling environments Learning and developing Careful thought is given to inform our enabling environments lindoors and outdoorsl. to provide resources, activities, and learning opportunitie5 to meet each child'5 tjnique requ1mentS, our curriculum is very flexible and responsive to follow children's interests and those totally unplanned leaming opportunities that sometimes come out of the blue, such a5 It unexpectedly snowin& etc! Play is at the core of learning, together with plèy-based experiences. We have designed our curriculum to encourage children to learn. develop and flourish through explorin& experiencing, creating, diKoverin& relating to, an interacting with the world around ihem. Assessment continues to play an important part in helping edtjcators to recognise children's progress and understand their needs with educators spending more time Énteracting with the children. Activities and experiences are planned that support children to move forward, knowing each child's level of achievement and iriterest, and then shaping teaching and learning experiences reflecting thai knowledEe. Particular attention has been focused on continuing lo provide support Strategies and activities to enable children to self and co-regulate.
KAMELIA KIDS TRUSTEE5' REPORT Public benefit Activities undertaken to further vblic benefit The truslees confirm that they have complied with the requirements of section 17 of the Charities Art 2011 to have due regard to the public benefit guidance pijblished by the Charity Commission for England and Wales. Achlevements and perfomiance Kamelia Kid5 were delighted that Kay Haffenden, Chair of Trustees was 3warded with the British Empire Medal for services to Early Years, in the King's New Years Honours 2025. The Quality Improvement and BLtsiness Action Plan for 2024 focused on enhoncing standards for quality learning and care and improving the outcomes for children and staff with the top three priorities being.. Children's Speech and Language The Early Years Talk Boost programme which ran throughoLrt 2024, proved Successful. The programme worked specifically with children whose speech and language were not at the experted stage of development, including those with EAL IEnElish as an Addttional Languagel- All the children who took part were assessed at the start and end of the programme so that improvements could be measured. Not only dFd their speech and language improve but their sharing and turn taking skills improved too. Learning and Development The focus was on thildren'5 development and leamin& bow this is best 51JPPOrted by 5t3rting from the child. and then matching interactSons and experiences to meet the child's needs. Staff knowledge of their ke¥ children and all the children in ihe room has been progressed 50 that they are confidently able to plan specific 8Ctivities and provide opportunitie5 to further the chÉldren's learning. This includes how we observe, asse55 and plan for children. using this information to understand how a child 15 developing, learning, and 8rowin& and then planning the next steps forthe educators in supporting and extending the learning. We Sed a variety of monitoring tools to enhance our proces5 of assessing and planning for children's development. The toddlers, garden had a freestanding wooden Adventure Tower installed designed to help children develop a range of physical and cognitive skills and help the children build resilien. confidence, and cope with mixed emotions. A large lJe5poke sand pit was also bijilt in the toddlers, garden which is ideal for sensory play alongside development of fine and gross motoi skills. The baby garden has benefitted from the addition of an a8e-approprrate mud kitchen ideal for heuristic play. NurseryTeam Tiaining and development are a key focus. A contintjously improving nursery needs continuing professional development for all educators and the sUPPOrt team. We know that a team who are motivated and supported to continuously raise their skills and Qualification level to level 3 and beyond improves outcomes for children and support5 Staff retention and career pro8ression. The first half of 2024 saw the nursery facing significant challenges to recruit suitably qualified staff to keep pace with the continued growth in occupancy. However. the second half of 2024 saw an irnprovement in recruiting 5Ultably experienced and Qualified Staff. Using inclusion funding enabled the nursery to boost its staff levels by bErrotr5ratrtPpufInS room s oena Ildren Inc uding ose with SENO to be fully sijpported and induded. Early Years Pupil Premium IEYPPI has been used to employ a Spanish spe8king member of staff to introduce Spanish into the children's learning experience. This is proving very popular and sutcessful among the pre-school children.
KAMELIA KIDS TRUSTEES, REPORT Kamelia Kids 100% succe55 rate with its Apprenticeship programme for both level 3 IApprenticeshipl and level 5 (Leadership and Management) continued into 2024. ensuring we have a great team of strong educators that are equipped with the skills, knowledge, and patience to gain the best understanding of each child and their needs. provided high quality professional development content, written by industry specialists, to increase practitioner5 deep subject knowledge across the core areas of Communication and Language. Earfy Mathematics and Personal Social Educational Development. This has increased theeducatorfs knowledge across the areas ofcontent covered and their confidence in their role. We currentty employ two Early years Teachers. We are focusing on staffs. health and well-being: a healthy team leads to a better work life balance arkd a greater experience for all at nursery, and ultimately better care for our children. For some years now Kamelia Kids has provided an Employee Assist Programme for the staff to access free confidential support service5. In May 2024 we were able to upgrade to include several additional features including access to a GP consultation. The special education81 needs and disabilities ISEND} team has continued rts much-needed work with the SEND children and their families. Approximately 18% of the total children on register have SENO needs. The SEND team have continued to use the "Graduated Approach" of SEN support to assess the needs of the chilijren, provide appropriate support and implement a continuous cycle of assessment as the needs of these children develop and change. During most of 2024 there were 13 SEND children with Educational. Health and Care Plans IEHCPI. The proportion of our children experiencinE a rar¢Be of milder educational need5 and behavioural difficulties such as poor verbal communication skills, reduced rnobility. or struggle to understand. express their emotions or make confident, independent choices, with challenging behaviour ensuing, ha5 remained at 13%. Althgugh, since the introduction of Funded Entitlement for children aged over 9 months, we are noticing that emer8ing concerns are being raised earlier. The remaining 69% are'main5tre3m' children. The CCTV system installed in the previous year has been an important factor in enhancing the security and safeguarding of ihe children and the reviewing of practice has facilitated the developmenl of practice, policie5 and procedures during 2024. The Charity Discretionary Discount ICDD) used to support families with the cost of part or all the nursery fees andlor cost of hot lunch on a temporary or ongoing basis depending on the circumsrances of the child continues to be invaluable to our families during the ongoing £ost of living difficulties. By offering this charitable discount we can be sure that children with vulnerable backgrounds andlor living in households experiencing financial difficulty are able to attend nufsery sessions, get a hot meal. be cared for in a safe environment and provided with some gtability and continuity in their lives. During 2024 the Charitable discretionary discount given increased to £68k12023 £42kl, with an expectation that the CDD given during 2025 will increase to £75k. The nursery is regulated by OFSTED and currently ha5 an OFStED rating of 'Goorf in all areas. Financial review Restricted Funding receNed during 2024 from BBC Children in Need ICINI for the SENDCO projett was E15K with continuing commitment of E25k over the next 2 year5. The Eovernment funded DÈs8bility Access Fund IDAFI and Early Years Pupil Premium IEYPPI amounted to E8.8k and £6.4k respectively in 2024. The DAF funding is to help nurseries make reasonable adjustment5 Within their provision to support children with a di53bility and h35 been used to purchase educational equipment and resource5. provide specialist training for staff and the fitting of acoustic panels to reduce echo and absorb sound within the rooms. The EYPP is a government program that provides additional funding to early years providers to hel su ort disadvanta ed2 3and4- ear-olds. The fundin has been used to enhance learnin ex eriences and improve the quality of care and education forthese children through for example. the employment of our Spanish educaior and the purchase of extra resource5 and equipment. We have not carried out any major fundraising and brd writing and hen have not used the services of the Fundraising con5uliant throughout 2024. The Trustees designated Capital Improvement fund has been used for major m31ntenance and refurbishment projects e.g.. the upgrading of the main kitchen to improve safety. hygiene and efficiency.
KAMELIA KIDS TRUSTEES, REPORT Local fundraising and donation 5UPPOrt for 2024 was £6.7k with the Sussex British Owners Motorcycle club increasing their 3nnual (Jonation to ES Total income from activities has increased by 24% to £1.427.639 in 202412023 £1,155,611) with net income for Staff salaries continue to be our main expenditure as we strive to retain quality staff and sUPPOrt their wellbeing. Our programme of improvefflents to the nursery environment to enhance security. safety. and resources is also continuing to ensure Kamelia Kids nursery retains its high occupancy levels. Unrestflcted reserves not invested in property ai 315t December 2024 increased to £527,08512023 £377,617) of which £61.193 12023 £34,453) was invested in fixtures and equipment. Currently the level of free reserves (including designated funds) is £465,89212023 £343,164)- Policy on reserves The Trustees have reviewed their policy. considering guidance by the Charity Commission. so as to establish an acceptable level ot resejves. Based on six months runningcosts, the aspiration of the Trustees is to hold sufficient unrestricted fund5 riot tommitted or invested in tangible fixed assets I'the free reserves'l held by the Charity. This amounts to approximately £548k, currently the level ol free reserves is £465.892 12023 £343.1641. The trusteeg continue to monitor this closely to safeguard the 'free reseNes' whilst continuing to maintain the charity'5 mi55ion alongside a progfamme of enhancement to the nursey in tern75 of educational and staff resource5 and infrastructure. Going concem Kamelia Kids has continued to grow its occupancy during 2024 and ha5 a waiting list going into 2026forthe baby room. With the free reserves now standing at £465.892 the Trustees are confident that Kamelia Kids will continue to flourish into the future. Plans for future periods Aims und key oblertivesforfuture periods Nursery improvement plan 2025 The key priority for 2025 is to focus on the changes to the Statutory Framewort for the Early Years Foundation Stage to be implemented in September 2025, which includes: Safer recruitment Safer eating Safeguarding training Paediatrics first aid Whistleblowing Children's privary Safeguarding minor changes ongsi Is we are going Review our observation, a55e5sment and planning cycle, with the aim of ensuring that we have a sequenced curriculum, that 5UPPOrts children's development and scaffolds learning. Introduce supervised loothbrushing following the SLiperv15ed toothbrushing programme being rolled out in early years settings, helping children aged between 3 and 5 years old to develop positive brushin8 habits.
KAMELIA KIDS TRUSTEES, REPORT The capital improvement spend approveo by the Trustees for 2024 was used to upgrade the main kitchen with the remaining projects, e.g., refurbishrnent of the staff and visiior toilets, and transformation of the existing pre-school kitchen into a children's kitchen. due to be completed in 2025. The pre-school sensoiy room will recelve a makeover New projects for 2025 include the lease of a small van for beach school and other Olttings, the upgrade of some of the internal doors to improve safety and secuiity. refurbishment of the baby room nappyltoilet area and conversion of an unused toilet area into the Finance and HR office. Trustee5 and officers The trustees and officers serving during the year and since the year end were as follows.. Trustee5'. P R Jarman L Smith G Launders I51gned 1212120241 K Thompson K Haffenden P 8yfield (resigned 12121241 D Calderwood (appointed 1212120241 Structurei BoveYnan¢e and management Noture of governing document The Charity became a Charitable Incorporated Organisation ICIOI with a revised Constitution and B new charity number111549391 in December 2013. For accounting purposes, the transfer was effective from 1st January 2014. A year laierthe Charity amended its objects and adopted the working name Kamelia Kids. In December 2019 the working name of Kamelia Kids was adopted as the legal name of the Charity. Recmitment ond oppointment of trustees Tlustees are elected and removed by the Board of Truslees. The maximum number of Trustees shall be 9 and the miriimum shall be 3. The Trustees who served durin8 the year are listed on the legal and acSministr3Tive page. The Trustees at the date of approval of the Financial Sl8tements remain the saffle as those listed on the legal and administrative page. Induction and truining oAtn15tees Pr05pertive Trustees ale invited to the nursery and shown the range of acttvities that the Charity provides, and they are also invited to attend a Trustees meeting. Once appointed Trustees undergo relevant induction training including a welcome pack. The Boartl of Trustees continlte to look to recruit new truslees Wlth relevant skills. Organi50tionalstructure appropriatel. The TfiJSiees delegare overall (lay-to-day management of the organisation to the Nursery Operation5 Director. The Finance Manager and the two joint Deputy Nursery Managers all report directly to the Nursery Operation5 Director. The Nursery is regulated by OFSTED.
KAMELIA KIDS TRUSTEES, REPORT Financial instruments Objertlves ondpolicies he char1ty.o-ha5 f8£185$?F1d lTrftan£itil lTrtibilitte>ef a-kTrA&thatrqtfftlTrfy-atrba5Trc.¥tnwIa4As1rrnntfr.-8asiE financial instruments ère initially recognised at tcansaction value and subsequently measured at their settlement value apart from bank loans which are subsequently measured at amortised c05t using the effertive interest method. Disclosure of Information to auditor Each Trustee has taken steps th3t they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charitls auditor 15 aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware. The annual report was approved by the trustees of the charity on 19th June 2025 and si8ned on its behalf by- K Haffenden Chair and Trustee
KAMELIA KIDS STATEMENT OF TRU5TEE5' RESPONSIBILITIES The Irusiees are responsible for piep3ring the trustees. report and the financial statements in accordance with United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice) and appliiable law and re ulations. The law applicable to charitie5 in England and Wales requires the trustees to prepare financial statement5 for each financial year which give a true and fair view of the situation of the charity and of the incoming resources and pplication of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. Select suitable accountinE policies and apply them consistentlv- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements: afid prepare the fir)ancial statements on the going concern basis unless It is inappropriate to presume th3t the tharitable company will continue in busirbes5. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accurary at ny time the financial position of ttie thartty and to enable them to ensure that the accounts comply with the Charitie5 Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They are a150 responsible for safeguarding the assets of the charity and hence for takin8 reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the tru5tee5 of the charity on 19th June 2025 and signed on it5 behalf by: K Haffenden Chair ènd Trustee
KAMELIA KIDS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS We have audited the financial statements of Kamelia Kids I'the charitable incorporated or8anis3tion'l for the year ended 31 December 2024 which compiise the Statement of Financial Activities. the Balance Sheet, the Cash Flow Statement and notes to the financial statements. includin&a summa of si nificant accountin olicies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financi31 Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kir)8dom Generally Accepted Accounting Practice}. In our opinion, the financial statements: give a trve and fail view of the state of the charitable incorpoiated organysation affairs a5 at 31 December 2024 and of its incoming resources and application of resources for Ihe year then ended; have been properly prepared in accordance with Unr¢ed Kingdom Generally Atcepted Accounting Practice,. and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audr( in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit Df the financial statements section of our report. We are independent of the charity in accordante with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these fequirements. We believe that the udit evidence we have obtained 15 sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concem We have nothing to report in respect of the following matters in relation to which the ISAS IUKI reqLFire us to ieport to you where.. the Trustees. use of the going concern basis of accounting in the preparation of the financi31 statements IS not appropriate- or the Trvstees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt aboLrt the charitable incorporated organisations ability to continue to adopt the going concern basis of 3ccounting for a period of at least twelve months from the date when the financial Statements are authorised for issue. Other information The trustees are responsible for the other information. The other information comprises the information included in the trustees. annual report, otherthan the financial statements and our audilorfs report thereon. Our opinion on the financial statements does not cover ihe other information and, except to the extent otheise explicitly stated in our
KAMELIA KIDS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS In connection with our audit of the financial statement5, our responsibility 15 to read the other information and. in doing so, consider whether the other information is matefially inconsistent wlth the financial statements or our inconsistencies or apparent material mÈsst3teFnents, we are required to determine whether there is 3 material misstatement in the financial statements or a material mrsstatement of the other informètion. If, based on the work we have performed. we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in ihis regaid. Oplnlon5 on other matters prescribed by the Charities Act 2011 In our opinion. based on the work undertaken in the course of the audit= the information Biven in the trustees. report fow the finanaal year for which the financial statements are prepared is consistent wtth the financial statements- and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by ex¢eptlon In the light of our knowledge and understsnding of the charitable incorporated organisation and its environment obtained in the course of the audit, we have not identified material mi55t3tements in the Trustees. report. We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if. in our opinion: adequate accounting reo)rds have not been kept. or returns adequate for our audit have not been received from branches not visited by us.. or the financial statements are not in agreement with the accounting record5 and returns,. or certain disclosures of tru5tees' remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit. Responsilmlities of trustees As explained more fully In the trustees. responsibilitie5 Statement. the trustees are responsible for the preparation of the financial statements and for beFng sètisfied that they give a true and fail view, and for such internal tontrol as the trustees determine is necessary to enable the preparation of financial stJiements that are free frorn material misstatement, whether due to fraud or error. In preparing the financial statements. the trustee5 afe responsible for assessing the charitsble incorporated organisation's ability to continue as 3 going concerr), disclosing, a5 applicable, matter5 related to 6oinB concern 3nd siAthtr8oin&eoneefTrbasioPattotffttin qvid8teth*ch3ritableincorpora or&3nisation or to cease operations. or have no realistic atternative but to do so.
KAMELIA KIDS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS Avditorfs responsibilitiesfor the audit of the financial statements material misstatement, whether due to fraud or error, and to issue an 3uditorfs report that includes our opinion. Reasonable assurance is a high level of assurante. but is not a guarantee that an oudit conducted in accordance with ISAS IUKI will always detea a mateiial misst8temeni when it exists. Misslatements can arise from fraud or error and are considered material if, individually or in the aggregate, theycould reasonably be expected to influence the economic decisions of u5er5 taken on the ba515 of these financial statements. Irregularities, including fraud, are instan$ of non-compliance wiih13ws and regulations. The extent to which our procedures are capable of detecting Trrfegularities, including Fraud, is detailed below. A further description of our responsibilities for the audit of the financial Statements is located on the Financial Reporting Council's website èt: https:Ilwww.frc.org.uVOur-WorVAuditlAudit-and-assurancelStandards-and- guidancelstandards-and-guidance-for-auditorslAuditors-responsibilities-for-aLFditlDestription-of-auditors- responsil)ilities-for-audit.aspx. This description form5 part of our auditor's report. Extent to which the audit was considered capable of detertlng irreBularities, including fraud The objectives of our audit, in respect to fraud, are: to identify and 355es5 the risks of material mi55tatement of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, throuEh designing and implementing appropriate responses- and lo respond appropriately to fraud or suspected fraud identified during the atjdit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entityand its management. Our approach was as follows.. We identified areas of laws and regulations that could reasonably be expected to have a mateiial effect on the financial statements from our general commercial and sector experience. and through discussion with the directors and other management las required by auditin8 Standafdsl. and discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations,. We identified the following areas as those most likely io have such an effect.. health and safety,. General Data Protettion Regulation IGDPRI,. Ofsted.. Food Standards Agency: fraud: bribery and corruption and employment law. Avditing stand3rds limit the required audil procedures to identify non-compliance with these laws and regulations to enquiry of the trustees and other management ar¢d inspection of regulatory and legal correspondence. if any. We considered the legal and regulatory fr8meworks directly applicable to the finanual statements reporting framework IFRS 102 and the Charities Act 20111 and the relevant tax compliance regulations in the UK: We considered the nature of the charitfs operations, the control environment and business performance, intluding the key drTvers lor management's remuneration- indications of non-compliance throughout the audit- We considered the procedijres and controls that the charity has established to address risks identified, or that otheiSe prevent. deter and detect fraud,. and how senior management monitors those programrnes and controls. io
KAMELIA KIDS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS Based on this understanding we designed Our audit procedures to identify non-compliance with such laws and fraud risk. These procedures included.. testing manual journals,. reviewing the financial statement disclosures and tesling to SlJPPOrting documentation,. performirig analytical procedures; and enquiring of management, and were designed to Provide reasonable aSSLirarice that the financial statements were free from fraud or error. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have deterted some material misstatements in the financial statements. even though we have property planned and performed our audit in accordance with auditing standards. For example. the further removed non-compliance with laws and regulations lirregularitie51 15 from the events and transactions reftetted in the financial statements, the les5 likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for pieventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. Use of our report This report is made 501ely to the charitable incorporated organisation's members. as a body. in accordance with Charities Act 2011. Our audit work has been undertaken so that we might state to the chafltable incorporated organisation's members those matters we are required to State to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other tha the charitable incorporated organisation and the charitable incorporated organisation's members as a body, for our audit work. for this report, or foi the opinions we have formed. TC Gr0p Mark Cummins FCCA FCIE Isènior Statutory Auditor) for and on behalf of TC Group Statutory Auditors Office.. Sussex li
KAMELIA KIDS STATEMENT OF FINANCIAL ACTIVfflES FOR THE YEAR ENDED 31 DECEMBER 2024 tritte funds funds INCOME FROM: Notes Donations and leÈacies Charitable activities Other trading activities Investment income s44 1,368,914 1,128 20.537 500 15.870 15.146 21.414 1.384.060 1,128 20.537 18,733 1,126,255 328 7,168 3.127 1,155.611 Other income Tolal income 1,396,623 31.016 1,427.639 EXPENDITURE ON: Raising funds Charitable activities 3,440 1.249.907 1.253.347 3.440 1.280.589 1.284,029 6,236 1,146,520 1.152.756 30.682 30.682 Total expenditure Net incomellexpenditurel 143.276 334 143,610 2.855 Transfer between funds 17 Net movement in funds 143.276 143,610 2.855 Fund balances brought foiward 17 636.938 15.323 652.261 649.406 Fund balances tayried forward 17 780.214 IS.657 795,871 652,261 All income and gains for the year are recognised above. All of the above activities are classed a5 continuing. 12
KAMEUA KIDS BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes FIXED ASss Tangible asset5 12 314.322 293,774 314,322 293,774 CURRENT ASSET5 Debtors Cash at bank and in hand 13 11,293 790,845 802,138 6,772 570.893 577,665 CURRENT LIA8IUTIES Creditors due within one year 14 1293.645} 1186.7981 NET CURRENT ASSETS 508,493 390.867 TOTAL ASSETS LESS CURRENT LIABILITIES 822A15 689,921 LONG TERM LIABILITIES Creditors due after one year 15 126.9441 132.3801 NET ASSETS 795071 652,261 REPRESENT£D BY: 17 RESTRICTED FUNDS 15,657 15,323 UNRESTRICTED FUNDS General funds Designated funds 527.085 253.129 377.617 259,321 780.214 636.938 795.871 652,261 The notes on pages 15 to 25 form part of these financial statements The accounts were approved by ihe Board of Trustees and signed on their behalf by.. en ai Date.. Charity number- 1154939 Company Number- CE001502 Iregistered externally) 13
KAMELIA KIDS CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flows from operating activities: Net income forthe year Adjustments for.. Depreciation charges Interest received Ilncreaselldecrease in debtors Increase in creditors 143,610 2.855 12 21.646 {20.537) {4,521) 106.739 19,051 {7,1681 40 43.881 13 14 Net cash provided byllused In) operatlng activities 246.937 58,659 Cash flows from Investlng activities: Interest received Purchase of tangible fixed assets Net cash uspd in investing attivities 20.537 142.1941 7,168 113,0431 12 {21,6571 15,8751 Cash flows from fln8ncing activities: Repayment of loans and borrowing5 Net cash used in financing artlvltles 15 15.328} 15,1981 {5,3281 15,1981 Increase/ldecreasel in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 219,952 47,586 570.893 523,307 790,845 570,893 Analysls ol net cashlldebtl At31 December 2024 At l Januar¥ 2024 Cash flow Cash at bank and in hand 570,893 219,952 790,845 14
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 STATUTORY INFORMATION The charity is a charitable incorporated organisation, incorpDrated in England and Wale5 under the Charities Att 2011. The address of the registered office is provided in Reference and administrative detai15. Details of the charity's operations are provided in the Report of the Trustees. The principal place of business 15: Wellesley Avenue Goring By Sea Worthing West Sussex BN12 4PN ACCOUNTING POLICIE5 2.1 Basls of accountlng The finaneial statements have been prepared under The Charities Art 2011 and in accordance with the Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK IFRS 1021 leffective l January 20191- Charities SORP IFR51021, and The Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. The charitable incorFY)rated or8anisation meets the definition of a public benefil entity under FRS 102. A55ets and liabilities are initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy. After reviewing the charity's forecasts and projection5. the Trustees have a reasonable expectation that the ch3rity has adequate resource5 to continue in operational existence for the foreseeable fvre. The charity therefore continues to adopt the going concern basis in preparing its financial statements. There are rm) material uncertainties about the charity'5 ability lo tontinue as a going concern. The financial statements are ppared in sterlin& which is the funttional currency of the charity. Monetary amounts in these financial statemenls are rounded to the nearest pound. 2.2 Income All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of the intome receivable can be measured reliably- Donation5 and legocie5 Donations are recognised when the charity has been notified in writing of both the omovnt and settlement date. In the event that a donation is subjert to conditions that require a level of performance by the charity before the charity is entrtled to the funds, the income is deferred and not recognised until either those probable that these conditions will be fulfilled in the rewrting period. Gmnts receivable Grants are recoenised when the charity has an entitlement to the funds and any conditions linked to the grant5 have been met. Where performance condttions are attache¢J to the grant and are yet to be met, the incorne is recognised as a liability and included on the balance sheet as deferred income to be released. Is
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 2 ACCOUNTING POLICIES ICONTINUEDI In Gifts in kind are recognised in diffent ways dependent on how they are used by the charity: lil Those donated for resale produce income when they are sold. They are valued at the amount actually realised. lill Those donated for onward transmission tD beneficiarie5 are included in the Statement of Financial Artivities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquFre them. liiil Those donated for use by the charity ttself are included when receivable. They are valued at the amount the charity would have had to pay to acquire them. 2.3 Empenditure Expenditure is acc¢)unted for on an accruals basis with irrecoverable VAT included with the item to which it relates. ReduntlanLry and tefmination ptyments are charged to the Statement of Financial Aclwiries on an accru31 basis. Governance tosts include those costs associated with meetingthe constitutional and statutory requirement5 of the charity and indude the audit fees and costs linked tothe strategic management ofthe charity. All costs are allocated between expendrture categorie5 and departments on a basi5 designed to reflect the use of the resource. Costs relating to a particular activity are all(Kated dIrtty. 2.4 Taxation The charity is conSided to pa5Sthe tests set out in Paragraph I Scheilule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable incorporated organisation for UK corporation tax puiposes. Accordingly. the tharity is potentiallyexempt from taxation in respect of income ortapital gains ceiVed within cateEoriescovered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or5ettion 256 of the Taxation of Chargeable Gains Acl 1992. to the extent that such income or gains a applied exclusivety to charitable purposes. 2.5 Tangible fixed assets and depreaation Tangible fixe(J assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rate5 calculated to write off the cos1 less estimated residual value of each asset over its expected useful life as follows.. Freehold property -10% straight line Leasehold buildings, extensions and alterations -Period of lease199 years from 11.09.19781 Property improvements -15% straight line Equipment -20% straight line Computer equipment -25% straight line 2.6 Cash at bank and in hand Cash at bank and cash equivalents a basic financial assets and include deposits held at call wtth bank5. 16
KAMELIA KID5 NOTESTO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 2 ACCOUNTING POLICIES IcowfiNUED} 2.7 Crèditors and provisions Creditors and provisions are recognised where the tharity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. 2.8 Borrowlngs InteTest-bearing borrowings a initially recorded at fair value. net of transaction costs. Interest-bearing borrowings are subsequently carried at amort15ed cost, wth the dtfference between the proceeds, net of transaction costs. and the amount due on redemption being recogni5ed a5 a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unlessthe charityho an unconditional right to defer settlementof the liabilityfor at least twelve months after the reporting date. 2.9 Debtors Trode and other debtors are recognised at the settlement amount due. 2.10 Lease and hire purchase commitments Asset5 held under finance leases and hire purchase contracts are capitalised in the balance Sheet and depreciated over their expecied useful lives. The interest element ol lea5in8 payments represents a constant proportion of the otststsnding capital. All other leases are regarded as operating leases and the payments made under them are charged to the Statement of Financial Artimties on a straight-line basis over the lease term. 2.11 Fund accountlng General funds and unrestricted funds are available for use at the dIstIOn of the Trustees in furtherance of the general objecrives of the charity and have not been designated for other purpose& Designated funds comprise unrestrtrted funds that have been set aside by the Trusiees for particular purposes. The aim and use of each designated fund is set OLrt in note 17 to the financial statements. Restricted funds are funds which are to be used in accordance with specifft restrictions imposed by donors or which have been raised by the charity for particular purtrt)ses. The c05t of rdi5ing and administering such funds are char8ed against the specrfic funds. The aim and use of each restritted fund is set out in note 17 to the financral statements. 2,12 Critical accounting estimates and judgements In the applicatiorb of the charitrfs accounting wlicies, the trustees are required to make judgements, estimate5 and assumptions about the ¢arwnE amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experiente and other factors that are tonsidered to be relevant. ktual result5 may drfferfrom these estÉmates. are recognised in the period in which the estimate is revised. The trustees do not consider that there are any critical estimates or areas of judgement that need to be brought to the attention of the readers of the financial 5tstements. 17
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 TAXATION The charitable inco rated com an 15re istered as a charit nder Part 11 of the Corporation Tax Act 2010. and all of its income falls wi hin INCOME FROM DONATIONS AND IEGAaES Unrestricted Restrirted Total 2024 Total 2023 Indtviduals 431 70 501 1,572 BBC ChilLlren In Need IS.0 15,000 5,000 West Sussex County Council 800 800 Henry Smith 5,000 Co-op Community Fund Sussex 8ritish Motorcycle Owners Club 2.995 5.000 5,000 3,500 Trusts 500 Giftaid 113 113 166 Total 5.544 15.870 21.414 18,733 INCOME FROM OTHER TRADING AcfiviTIES Unrestricted Restrfcted Total 2024 Total 2023 Other fundraisinB 1,128 1,128 328 1,128 1,128 328 INCOME FROM INVESTMENTS Unrestritted Restricted Total 2024 Total 2023 Interest and dividends 20.537 20,537 7,168 18
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME FROM CHARITABLE ACTiVITIE5 Unrestricted Restricted Total 2024 Total 2023 Nursery fee income 1,368,914 15,146 1,384,060 1,126,255 OTHER INCOME Unrestrlrted Restrirted Total 2024 Total 2023 Sundry receipts 500 500 3.127 ANALYSIS OF EXPENDITURE Staff iosts Depreciation Other costs Total Total 2024 2023 Cost of raising funds- Fundraising Total cost of raising funds 3.440 3,440 6,236 6,236 Charitable expènditure.. Premises Nursery expenses Support and 8overnance cost5 Total chèritable expenditure 20,999 919,152 21,646 77.040 126,707 119,685 1,045,859 138.151 904,179 88,427 26,618 115.045 104,190 1.028.578 21,646 230.365 1.280,589 1.146.520 Total expendlture 1.028.578 21,646 Z33.805 1,284,029 1.152,756 Analysis of support and governance $t$. Total 2024 Total 2023 Governance costs.. Auditors. remuneration for audit services Total governance costs 8.640 8,640 8,400 8,400 ort costs-. Legal and profe55ional lees Staff wage5, national insurance and pension Finance costs Other svpport Costs Total support and governance costs 8.626 88A27 1,597 7,755 115,045 12.546 75,312 1,193 6,739 104,190 19
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 io STAFF COSTS e average monthly headcount during the year expressed as full time equivalents was as follows- 2024 Number 2023 Number Direct Staff Support Staff 37 33 41 36 The aggregate payroll costs for the year were as follows- 2024 2023 Wages and salaries Social security costs Other pension costs 954,492 58,853 15,233 815,186 49,220 13,670 1,028,578 878,076 No employee reived salary and benefrts exceeding f 60,0 {2023.' none). None of the Trustee5 received any remuneration or other benefits from the chority or any connected body. No Trustees12023'. 11 had expen5e5 reimbursed during the year12023.' E711. The Trustees consider the key management personnel of the charity to consist of the Nursery Operations Director. The Finance Manager. and two Deputy Nursery Managers. The total employee beTrefit5 of the key management personnel of the charity We £163.29912023: £158.7601. 20
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 li COMPARATIVE STATEMENT OF FINANaALACTIVITIES- 31 DECEMBER 2023 Unrestrirted funds Restrirted funds Total 2023 INCOME FROM.. Donation5 and legacies Charitable activities Other trading aclivsties Investment income Other income Total Income 5.198 1.110.303 328 7.168 3,127 1.126.124 13.535 15,952 18.733 1.126.255 328 7.168 3,127 1,155,611 29.487 EXPENDITURE ON: Raising lunds Charitable activitie5 6.236 1,125,309 1,131,545 6.236 1,146,520 1,152,756 21.211 21.211 Total expenditure Net Incomellempenditurel Tr3n5fers between furTds 15.2411 8.276 2.855 2.735 12,7351 Net movement in fund5 12,6861 5.541 2,855 Fund balances brought forward 639,624 9.782 649,406 Fund b3lancÈs 3t tarried forward 636,938 15,323 652,261 21
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 TANGIBLE FIXED ASSETS & Buildings Equipfflent Cost At l January 2024 Addition5 718.540 251,641 970.181 42,194 42,194 At 31 December 2024 718.540 293,835 1,012,375 Depreciation At l January 2024 Charge for the year At 31 December 2024 459,219 6.192 217,188 15,454 232.642 676,407 21,646 698.053 465,411 Net book value At 31 December2024 253,129 61.193 314.322 At 31 December2023 259,321 34,453 293,774 Included in the totsl net book value of larbd and buildings is £4,50012023 £6.0001 in respecr of freehold property and £248.62912023.' £253,321) in respect of leasehold property. 13 DEBTORS 2024 2023 Trade debtors 710 I,oio 5,762 6.772 Prepayments 10,583 11.293 22
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 CREDITORS 2024 2023 Trade creditors 5.666 6,37 Other t3xation and social security Other creditors 15.193 12,031 227,968 125,957 37.160 Accruals 39,430 Bank loans 5,388 5.280 293.645 186,798 Included within other creditors is (leferred income lotalling £206.30312023.. £107.4651. £196,30312023'. £97,465) represents nursery fees received in advance relating to January 2025. £I0,oI2023. £10,000) relates to Children ir) Need donation. 15 CREDITORS: due after oneyear 2024 2023 Bank loans 26.944 32,380 26,944 32,380 The loan relates to a 8ounce Bank Loan which had 3 start date of IS July 2020. The loan is repayable over 10 yeors. No interest was charged in the first 12 months, the applicable interest rate following this period is 2.5%. 16 OPERATING LWE COMMITMENTS 2024 2023 Falling due wtthin one year Falling due between two and five years I,ooi 2,620 1.715 2,716 2,620 The amount expenses to the Statement of Financial Activities during the year in relation to operating leases was £96812023: £1,208). 23
KAMELIA KIDS NOTE5 TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 SUMMARYOF FUND MOVEMENTS Balance at I January 2024 Income Expendtture Transfer Balance at 31 December2024 Unrestrirted funds General fund Designated funds Capital reserve 377.617 1.396.623 11,253.3471 6.192 527.085 259.321 636,938 16.1921 253.129 780.214 1,396.623 11.253.347) Restrirted funds SENDCO salary grants 15.000 115,0001 Early Years Pupil Premium 7,004 6.301 18,1591 5,146 Disability Access Fund Staff salaries for course Calco training Vegetable garden project 7,753 8.845 800 16.0871 18001 11511 10,511 151 393 13931 Bluebell room resources 22 70 1921 15.323 31,016 130,6821 15,657 Total fund5 652,261 1,427.639 11.284.029) 795,871 The specific purposes for which the funds are to be applied are as follows- Grant5 were received from sources including BBC Children in Need during the year to meet specific costs, including salaries. Other balances carried forward are expected to be spent in 2025. The capital reserve 15 3 designated fund. reflectin8 ihe net book value of the freehold and leasehold buildings, which is maintained for the purposes of fLtlfilling the charity's principal objects and 50 as to distinguish such amounts from those remaining available in the General Fund to service the day lo day commitments. 24
KAMELIA KIDS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 310ECEM8ER 2024 18 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrirted funds Designated funds Restricted funds 2024 Total Fund balances at 31 December 2024 are represented by- Fixed assets Current assets Creditors.. amounts falling due wÈthin one year Creditors.. amount5 falling due over one year 61.193 786.481 253,129 314,322 802,138 15,657 1293,645} 1293,6451 {26,9441 {26.944) 527.085 253.129 15,657 795.871 Unrestritted funds Designated funds Restricted funds 2023 Total Fund balantes at 31 December 2023 are represented by.. Fixed assets Current assets Creditors.. amounts falling due within one yeèr Creditor5- amourTrts falling due over one year 34.453 562,342 259.321 293,774 577,665 15.323 1186.7981 1186,7981 132.3801 132.3801 377.617 259.321 15.323 652,261 19 DEFINED CONTRIBUTION PENSION SCHEME The charity operates a defined contribvtion scheme. The pension cost charge for the year represents contribution5 Payable by the charity to the scheme and amounted to £15.23312023.. £13,670). At the year end £3,43512023'. £2.5281 was accrued in respect of contributions due to the scheme. 20 RELATED PARTY TRANSACTIONS K Thomp50n, a trustee of the charity. is also a director of Nevalee Buslness Solutions Ltd {NBSLI. During the year NBSL provided IT support totaling £1,87212023.. £2.0901 to the charity under nofmal commercial terms. The amount due to NBSL al the year end was £15612023: £156}. 25