Charlty reglstratlon number 1156149 (England and Wales) BENTLEY FEDERATION CHILDCARE SERVICES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BENTLEY FEDERATION CHILDCARE SERVICES LEGAL AND ADMINISTRATIVE INFORMATION Trustses MrMLee Ms K E Magner Mrs J Deeley.Brewer Ms D Vaughan Ms A Holmes Charfty numbor (England and Wales) 1156149 Auditor BK PlusAudil Umrted Azzurri House Vwdlsall Road Aldridge Walsall VIS9 ORB
BENTLEY FEDERATION CHILDCARE SERVICES CONTENTS Page Trustees, report Statement of trustees, responsibiliiies Independent auditor's report ststement of financial activities Balance sheet Statement of cash flows 10 Notes lo the financaal ststements
BENTLEY FEDERATION CHILDCARE SERVICES TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report arKI financial statemenls for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply wth the charity's goveming d¢)cument, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charibes pparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". Objectlves and activities The principal object of the Charity is for the public beffl by providing childcare for the developrnent and education of children in the Walsall area by: 1) Promoting children's care and safety 2) Promoting children's education and and promoting parental involvement 3) Promoting children's health and wellbeing 4) Providing ser4fjces to support children and their families and carers 5> Providing child care seNces to enable parents and carers to take up or conlinue employment. In setting the Charitls poliw and planning its activities. the Trustees have given careful ConseratIon to the Charity Commission's guidance on public benefft. The Charity provides a range of childcare and extended schools services for BentY Community. Bentley West Primary and King Charles School are our main service users. Our purpose built faThlities are Ofsted registered and allow us to care ft)r up to 249 children over two sites, up to the age of eleven. The centre is open from 7.30am to 6pm Monday to Friday, excluding Bank Holidays and staff training days. The trustees hw4e paid due regard to gutdance issued by the Charity comm1plOn in deciding what ath'vities the ch8rty should undertake. Achlevements and porfommnce During the year ended 31 March 2025 the Charity continued wrth the running of the Child Care Centre and directly employs a number of staff in management. child care and administrative roles. The Charity continues to generate income ty the collection of fees from parents of children who attend the Centre. The majority of funding, going foard, will be via the governmenfs free childcare initiatives for parents. which provides 15 Of 30 hours a week of free childcare to wcKking parents. During the year ending 31 March 2025 Bentley Federation Childcare Services continued to be working at full capacity. Vk now have a waiting list for children to attend six months in advance. Ms Andria Holmes (Childcare Manager) continues to be an unpaid trustee so that she can fulffl the role of responsible person for Otsted regulations. Flnancial revlew The Trustees are satisfied with the financial perfarKe of the Charity throughout the year and expeds this level to continue. Despite the increasing utility bills. running sts and INing wage, the Nrsery has remained sustainable, with higher than expected occupancy rates. It is the policy of the charrty that unrestricted funds Ithich have not been designated for a specific use should be maintsined at a level sufficient to operate at its nomial operating scale for a period of three months to allow beneficiaries to access aernatIVe provision should Ihere be a slKthII in income. This level of reserves has been malntained throughout the year.
BENTLEY FEDERATION CHILDCARE SERVICES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Charity will hold sufficient reserves to alltrw the winding up of its services, induding all statutory payments including staff redundanaes. Excluded for Ihe Reserves Policy is income associated with Endowment Funds and Donor Restricted Funds (Eamiarked Income). Therefore, in order to demonstrate transparency, accountsbilty and sound financial management, the Charity's Reserves Policy dearly jusffies the amount of reserves kept back each year. The Trustees have considered the risks in resFECt of expenditure. unrestricted income arKI, where appropriate, stricted income. and where funds can only be realised by the disposal of a fixed a&set. Also tak into consideration are any extemal identified potents'al major risks to i{Xne and expenditure during the year under consideration. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. At the time of approwng the ffinancial statements. Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existen for the foreseeable fLrture. This the Trustees continue to adopt the going concem basis of accounting in preparing the Trustees, Annual Report Structure. governance and management The charity is registered and constituted as a Charitable Incorporated Organisation. The Charty was set up as a Charit8ble Incorporated Organisation with a Folmdation model constitution on 1 December 2013 and was registered with the Charities Commission on 12 March 2014 with number 1156149. The trustees who setved during the year arKI up to the date of signature of the financial statements were: MrMLee Ms K E Magner Mrs J Deeley-Brewer Mrs K Cooper Ms D Vaughan Ms A Holmes (Resigned 17 March 2025) The management of the Charity is the responsibilty of the Trustees wl)o we elected and cwted under the ternis of the Charitys constitution. There should be at least three Charity Trustees. If the number falls below the minimum. the remaining Trustees may ad only to call a meeting of the Charity Tiustees, or appoint a new Chwity Trustee. Apart from the first Charty Trustees, every Trustee must be appointed for a temi of three years. In selecting individuals for appointment as Charity Trustees. The Charity Trustees must have regard to the skill4 knowledge and experience needed for the effective 8dministralion of the Charity. The Charity Trustees manage the affairs of the Charity.
BENTLEY FEDERATION CHILDCARE SERVICES TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 Tha tntstses, report was approved by the Board of Tntste8S. Mrs J De6*.Brewer 8 December 2025
BENTLEY FEDERATION CHILDCARE SERVICES STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounling Stsndards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charrties in England and MPdles requires trustees to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of r&sources of the tharity ts that year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them nsIStentI, - observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applIbEe accounts'ng standards have been followed. subj.ect to any material departures disclosed and explained in the financial statements: and prepare the financial statements on the going ConCn basis unless it is inappropriate to presume that the charity will continue in operat'on. The trustees are responsible for keeping sufficient accounting re(x)rds that disdose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the ffinancial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities.
BENTLEY FEDERATION CHILDCARE SERVICES INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BENTLEY FEDERATION CHILDCARE SERVICES Oplnion We have audited the financial statements of Bentley Federation Childcare Servi$ Ltd (the charity) for the year ended 31 March 2025 which comprise the statement of financial actrviiies, the balance sheet. the statement of cash flows and notes to the financial sL2tements, including signfficant accounting policies. The financial reporting framework that has been applied in their prewation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepled Accounting Practice)- In our opinion, the financial statements.. give a true and fair view of the state of the charitls affairs as at 31 March 2025 and of its incoming resources and application of resources. for the year then ended., have been woperly prepared in accordan with United Kingdom Generally Accepted Accounting Practi. and have been prepared in accordance *ith the Charitses Act 2011. Basls for oplnlon We conducted our audit in accordance with Iniemational Standards on Auditing {UK) (ISAS (Ulq) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for th8 audit ol thg financisl statements section of our report. We are independent of the charity in accordance wtth the ethical requirements that are relevant to our audit of Ihe finanaal statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan 1th these requirements. We believe th the audit evidence we have obtsined is SLfficient and appropriate to provide a basis for our opinion. Conclusions relating to golng concern In auditing the financial ststements, we have conduded that the trustees. use of the going con¢em basis of accounting in the preparation of the firrdncial statements is appropriate. Based on the work we have perfomied, we have not identffied any material uncertainties relating to events or conditions that, individually or collectively, may cast signfficant doubl on the charty's abilty to continue as a going concem for a period of at least twelve months from wthen the financial stslements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect io going concem are described in the relevant seclions of this report. Other information The other infomiation comprises the infomiation included in the annual report other than the finala7 statements and our auditors report thereon. The trustees are responsible for the other infomiation contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibilty is to read the olher information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misststements. we are required to detennine whether this gives rise to a material misststement in the financial statements themselves. If, based on the work we have perfomied, V conclude that there is a material misstatement of this other infonnats"on. we a required to report that fact. We have nothing to report in this regard. Matters on whlch we arn requlred to report by excoption We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to rep)rt to you rf, in our opinion: the information given in the financial statemenls is inconsistent in any material respect wtth the trustees. report., or sufficient accounting records have not been keN,' the financial statements are not in agreemenl wtth the accounting records; or we have not received all the infomation and explanations we require for our audit.
BENTLEY FEDERATION CHILDCARE SERVICES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BENTLEY FEDERATION CHILDCARE SERVICES Responslbllltles of trustees As explained More fully in the statement of trustees, responsibiltties. the trustees are responsible for the preparation of the financjal statements and for being satisfied that they give a true and fair Mew, and for such internal control as the trustees determine is necessary to enable the preparation of financial ststements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charty's abilty to continue as a going concern. disdosing. as applicable. matters related to going conrn and using the going concem basis of accountirvJ unless the trustees either intend to cease (perations. or have no realistic aernatIVe but to do so. Auditorfs rKponsiblllUes for the audit of the financlal statements We have been appointed as auditor under section 144 of the Chariiies Act 2011 and report in accordance with the Act and relevant regulalions made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whol8 are free from material misststement, whether due to fraud or effor, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assuran It is not a sRJarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstaternent en it exisls. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate. IIEY could reasonably be expected to infiuen the economic decisions of users taken on the basis of these financial statements. The extent lo which our procedures are capable of detectirvJ irregularities, irKluding fraud, is detailed below. A further descrtption of our responsibilities is available on the Finanaal Reporting Council's website aL' https'.11 www.frc.org.uklauditorsresponsibilities. This description forms part of our auditorfs report. other matte Your attention is drawn to the fact that the charty has prepared financial statements in accordance with 'Accounting and Reporting by Charities: Statement of Recommended pract1 applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). (as amended) in pference to the Accounting and Reporting by Charities: Statement of Recommended PraCte issued on 1 April 2005 lch is referred to in the exiant regulati but has now been withdrawn. This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. Other mattern vthich we are requlred to address This is a first year audit engagement and as such. the comparative figures are unaudited. and we provide no assurance over them. Sufficient opening balan work has been performed to enable an unqualified opwiion over the current year figures. Use of our report This report is made solely to the company's members, as a body, in accordance *ryth section 391 of the Companies Act 2014. Our audit Vrk has been undertaken so that we might state to the companls 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 responsibilty lo anYe other than the company and the wmpanvs members as a body, for our audit work, for this report. or for the opinions we have formed.
BENTLEY FEDERATION CHILDCARE SERVICES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BENTLEY FEDERATION CHILDCARE SERVICES Keval Dattanl ACA (Senlor Statutory Auditor) For and on behalf of BK Plus Audit Limited. Statuiory Auditor Chartered Certified Accountants Azzurri House Walsall Road Aldridge Walsall INS9 ORB 8 December 2025 BK Plus Audit Limited is eligible for appoirthent as aLxlitor of the charity by virtue of its eligitility for appointment as auditor of a company under section 1212 of the Companies Act 20(.
BENTLEY FEDERATION CHILDCARE SERVICES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 UNAUDITED Unrestricted Unrestricted funds funds 2025 2024 Income from: Donations. legacies and grants Charitable activities Investments 721.188 672.968 638 8,027 677,911 Total income 1.394.794 685.938 Expendlture on: Charitable activities 1.099,571 712.632 Total expendtture 1.099,571 712.632 Net Incomel(expenditure) and movement in funds 295,223 (28,694) Reconclllatlon of funds: Fund balances at 1 April 2024 114.511 141,205 Fund balances at 31 March 2025 409,734 114,511 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditu derive from continuing activities.
BENTLEY FEDERATION CHILDCARE SERVICES BALANCE SHEET ASAT31 MARCH 2025 UMAUDITED 2Q24 Tanglble assets 11 3,527 1.170 Currnnt a•8•ts D•btrJr8 Ca8h at bank and In hand 12 46.105 405,981 42.727 136.054 Cr•dltOTS: amounts fatllng du• vAthln one year 13 (45.859) (21713) Not curront as8018 408.207 113,341 Totsl assets less current llabllftl85 409.734 114,511 Thofund8 01 tho charlty Unrethctsd funds 15 409.734 114,611 409.734 114.511 Tha Ilnandal £tat•m0nts wero approN*d by the 8 Dec8mb8r 2025 Mrs J D69ley-Br8wer Trust•e
BENTLEY FEDERATION CHILDCARE SERVICES STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 UNAUDITED 2024 2025 Cash flows from operating actlvltl•s Cash generated froml(absorbed by) operations 17 314,821 (143,920) Inve8tlng a¢tivities Purchase of tangible fixed assets Investment income received (2.825) 638 Net cash used in investing actlvllles (2,187) Net cash generatsd from flnanclng activitios Net Increasel(d8crease) in cash and cash equlvalents 312,634 {143.920) Cash and cash equivalents at beginning of year 93,327 237,247 Cash and cash equlvalents at end of year 405,961 93,327
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Charlty Infonnatlon Bentley F8d8ration Childcare Services is a Charitable Incorp(xated Organisalion. 1.1 Accountlng ¢onventlon The financial statements have been wepared in xcordan* with the charity's goveming document, the Charities Act 2011, FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and the Charities SORP "Accounting and Reporting by Charilies.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)" Tr charity is a Public Benefft Entity as d8fined by FRS 102. The financial statements are prepared in sterfing, vthich 15 the fimctional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been preped under the historical cost convents'on. The prinapal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements. the trustees have a reasonable expectation that the charity has adequate reSoUrS to continue in operational e$tence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the finanaal statements. 1.3 Charilable funds Unrestricted funds are available for use at the discretion of the trustees in fvrtherance of their charitable objectives. Restricted funds are subject to specific con(litions by donors or grantors as to how Ihey may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specffic corKlilion5 by donors thal the capital must be maintained by the charity. 1.4 In¢om• Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met. the amounts can be measured reliably. ar it is probable that income will be received. Cash donations are recognised an 1p1. Other donations are recognised once the charity has been notified of the donation. unless perfonnance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or Otheise if the charity has been notified of an impending distribution. the amount is knovm, and reipt is expected. If the amount is not known, the legacy is treated a5 a conts'ngent asset. 1.6 Expendlture Expendrture is accounted for on accruals basis and has been included under expense categories that aggregate all costs for allocation to aCtiVe$. Vlhere costs cannot be directly attributed to particular activrties they have been allocated on a basis consistent with the use of the resour$. Support costs are those costs incurred directly in support of expenditur8 on the objects of the cPBrity and include project management carried out at headquarters. Govemance costs are those incurred in connection with administration of the charity and compliance with constitutional and statLrtory requirements.
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢i•s Icontlnued) 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequenty measured at cost or valuation. net of deprecAats'on and any impaimient losses. Depreciation is recognised so as to write off Ihe cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures arKI fftb'rKJs 25% reducing balance The gain or loss arising on Ihe disposal of an asset is detemiined as the difference between the sale proceeds a1 the carying value of the asset. arKI is recognised in the statement of financial activities. 1.7 Impalrnient of fixed assets At each reporting end date. the charity vIewS the carrying amounts of its tsngible assets lo detennine whether there is any indication that those assets have suffered an impairment loss. If any such indration exists, the recoverable amount of the asset is estimated in order to detemiine the exterrt of the impairment loss (rf any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. depostts held at call with banks, other short-tem liquid investments with original maturities of three rnontr or less. and bank overdrafts. Bar* overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financaal instruments. Financial instruments are recognised in the tharitys balance sheel when the charity b8comes paty to the contractual provisions of the instrument. Financial &8sets and liabilities are offseL with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis ar to realise the asset and settle the liabilty simultaneously. Basi¢ financlal assets Basic financial assets. which indude debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement consts'tutes a financing transaction, vthere the transaction is measured at the present value of the fijiure receipts diS)unted at a market rate of interest. Finanaal assets classified as rewvable wtthin one year are not amortised. Basic financlal liabllities Basic financial liabilities, induding creditors and bank loans are initialy recognised at transaction price unless the arrangement constrtLrtes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Finanaal liabilities classified as payable within one year are not amortised. Debt instruments are subsequenty carried at amortised cost, using the effectrve interest rate method. Trade Crerfrt are obligations to pay for goods or serviLW that have been aCqUid in the ¢ydinary Urse of operations from suppliers. Amount5 payable are classified as current liabiliti'es rf payment 15 due within one year or less. If not, they are psented as nOn0rrent liabilities. Trade creditors are recogrrised initially at transaction price and subsequently measured at amortised cosl using the effective interest melhod.
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) Derncognition of financial liabilitses Financial liabilities are derecognised when the chariws contractual obligations expire or are discharged or canlled. 1.10 Employee benefrts The cost of any unused holiday entitlemenl is recognised in the period in which the employee's services are received. Temiination beneffts are recognised immediately as an expense when the tharity is demonstr*ly Committed to teminate the employment of an employee or to provide tennination ben&fits. 1.11 Retir8m•nt b8nefts Payments to deffined contribution retirement benefft schemes are charged as an expense as they fall due. Crltical accounting estimates and Judgements In the application of the charity's accounting policies, the trustees ate required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects ClY that period, or in the period of the revision and future periods Whre the revision affects t)oth current and future periods. Donatlons. legacles and grants UNAUDITED Unrestrlcted Unrestrlcted funds funds 2025 2024 Donations and gffts Grants received 619 7,408 721,188 721.188 8,027 Charitable activitles UNAUDITED 2025 2024 Childcare fees 672,968 677,911
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments UNAUDITED Unrestrlcted Unrestricted funds funds 2025 2024 Interest receivable 638 Expenditure on charftable actlvftlos UNAUDITED 2025 2024 Dlrect costs Staff costs Depreciation and impairment Resources and consumables Stationery, printing and postage Telephone and inlemet Computer software and running costs Repairs and maintenance staff training Educational resources Sundry expenses Rates Heat and light 955,035 468 38,432 2,181 4,076 12,477 19,658 3.724 11.693 11.993 3.912 14,400 474,004 345 24.420 2,582 2,332 1,277 5,825 1.078,049 510,793 Share of support and governance costs (see note ) Support Govemance 5,100 16,422 186,689 15,150 1,099,571 712,832 Analysts by fund Unrestricted funds 1,099.571 712,632 Included in support costs is £281 (2024 - £181.879) incurred from Walsall Council in respect of provision of staff and heat and light.
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net movement in funds 2026 2024 The net movement in funds is stated after chargingl{credib'ng): Fees payable for the audit of the charitls financial statements Depreciation of owned tangible fixed assets 468 345 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefrts from the charity during the year, except for Ms A Holmes. who reiVed remuneration for her role as childcare centre manager. During the year ended 31 March 2025. Ms Holmes was paid a salary at markel rate for her employment by the charity as childcare centre manager. Employees The average monthly number of employees during the year was= 2025 Number 2024 Number 33 25 UNAUDITED 2024 Employment costs 2026 Wages and salaries Social security costs Other pension costs 899,477 46.449 9.109 447,664 19,653 6,687 955,035 474,004 There were no employees wthose annual remuneration was more than £60,000. 10 Taxation The charity is exempt from taxation on its activities because all its irKome is applied for charitatAe purposes.
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tangible fixed assets Flxture8 and flttlngs Cost At 1 April 2024 Additions 4,799 2.825 At 31 March 2025 7,624 Depreclation and Impalmnt At 1 April 2024 Depreciation charged in the year 3,629 468 At 31 March 2025 4,097 Carrying amount At 31 fvlarch 2025 3,527 At 31 March 2024 1,170 12 Debtors UNAUDITED 2024 2025 Amounts falling due wfthln one year: Other debtors Prepayments and accrued income 44,473 1,632 42,727 46,105 42,727 13 Creditors: amounts falling due within one year UNAUDITED 2024 2026 Other taxation and social securty Other creditors Accruals and deferred income 12,977 6,271 11,318 5,124 32.882 45,859 22,713 14 Retirement benefft schemes UNAUDITED 2024 2026 Defined contribution schemes Charge to profft or loss in respect of defined contribution schemes 9.109 6.687 The charity operates a defined contribution pension scheme for all qualfying employees. The assets of the scheme are held separately from those of the chlty in an independently adrninistered fund.
BENTLEY FEDERATION CHILDCARE SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Unrestrict•d funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specffic conditions by donors and grantors as to how they may be used. These indude designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprfl 2024 Incomlng resources Resource8 At 31 March expended 2025 General funds 114.511 1,394,794 {1.099,571) 409,734 UNAUDITED At 1 April 2023 Previous year. Incomlng resources Resources At 31 Mar¢h exnded 2024 General funds 141.205 685.938 1712,632) 114,511 16 Related party transactions There were no disdosable related paty trartsactions during the year (2024 - rK)ne). UNAUDITED 2024 17 Cash generatsd froml(absorbed by) operatlons 2025 Surplusl{deficit) for the year 295.223 (26.694) Adjustments for: Investment income recognised in statement of financial activities Depreciab'on and impaitment of tsngible red assets (638) 468 345 Movements In working capital: (IneaSe) in debtors Increaselldecrease) in creditors (3,378) 23,146 (18,018) (99,553) Cash generated fromllabsorbed byl oporatlons 314,821 (143,920) 18 Analysls of changes in netfunds The charity had no material debt during the year.