## **SCALLYWAGS PARENT PARTNERSHIP NURSERY** Mowlem Children’s Centre, Wadeson Street, London E2 9DL Registered Charity No. 1161965 ## **TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025** Scallywags Parent Partnership Nursery is a Charitable Incorporated Organisation governed by a constitution adopted on 3 March 2015. Our purpose is to advance the development and education of children under statutory school age in east London by: - providing affordable, non-profit making childcare with parents actively involved in the running of the setting; - providing a safe and stimulating environment in which to learn; and - providing parents and carers with opportunities to be involved in the development of their children, and learn best practice parenting skills through working with qualified childcare professionals and other parents. ## **Trustees** The following served as trustees throughout the financial year: Kate Gould (Chair) Anna Jones Davall Joy Jones Gillian Young (resigned 31 July 2025) Trustees are appointed for a term of three years by resolution of the existing Trustees. ## **Activities** Scallywags provides sessional care for up to 20 children per session from 9.00 a.m. to 1.30 p.m. Monday to Friday during school term time. We have extended days until 3.00 p.m. three times a week to help working parents. Parents and carers of attending children are closely involved in the day to day running of the nursery. Parents work shifts in the setting on a rota basis alongside qualified staff. Our families come from a diverse range of cultures and offer a rich variety of life experiences for the children to gain from. We currently support several children who speak English as an additional language or who have additional needs. In planning our activities we have kept in mind the Charity Commission’s guidance on public benefit. We are committed to inclusion and offer opportunities for all parents and children whatever their race, culture, religion, means or ability, including those with additional needs. ## **Review of the Year** During the year the involvement of parents in the day to day running of the nursery was back to preCovid-19 pandemic levels. The children continued to enjoy a range of activities including celebrating different cultural celebrations and traditions, gardening, museum and park visits and Wild Science activities. 2 Parents were given training on the Statutory Framework for Early Years Foundation Stage through in-house induction sessions and shadow shifts on joining the setting, and guidance from key staff while working in the setting. We continued to provide places for government funded 2, 3 and 4-year-olds working closely with Tower Hamlets Early Years in offering quality provision for a range of needs. We also provide the 30 hours entitlement for 3-4 year olds for working parents and from April 2024 the 15 hours entitlement for 2-year olds for working parents. ## **Finance** Scallywags’ accounts are prepared on a receipts and payments basis. The Nursery had a deficit for the year of £10,716. Our main sources of income are monthly fees and Nursery Education Fund funding and both of these are affected by the mix in ages of children in the nursery. Monthly fees will rise from September 2025, the first increase since 2013. ## **Reserves Policy** Scallywags holds cash at bank which are unrestricted funds. We aim to have enough reserves to cover three months of operating costs and closure costs. On behalf of the Trustees K. GOULD Chair of Trustees 19 December 2025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Scallywags Parent Partnership Nursery On accounts for the year ended 31 March 2025 Charity no (if any) 1161965 Set out on pages I report to the trustees on my examination of the accounts of the above charity 1.the Trust") for Ihe year ended 3110312025. Responsibilities and As the charity trustees of the Trust. you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (￿he Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of Ihe 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515){b) of the ACL I have completed my examination. I confim) that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in. any material respect: a¢￿Un￿ng records were nol kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with Ihe examinalion to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 2210812025 Name- LAURA CUSICK Relevant professional qualification{s} or body {if anyl- ICAEW Address: 29 LEWES ROAD N12 9NH IER October 2018 SGallywags Parent Partnership Nursery Financial Activities 1 April 2024- 31 Mar¢h 2026 1 Apr 2Q24- 31 Mar 2025 1 Apr 2023 - 31 Mar 2024 IPYI Incoine Donations 1.10 203.30 Fundiaising onthly Fees 7.50 836.50 15.011.28 17.985.72 Nursery EduGatiDn Fu￿ing SEN Fundw T￿llight Cluty unappI￿d Cash Payment InGDtne Indusion Fu￿1 79.024.42 60.867.20 1.792.05 5.773.23 5.807.82 4.200.08 180. -242.50 1.8CM).00 Total for Incom8 £102.384.17 £91.223.$3 Cost of Sales Gr055 Profft £101304.17 £91.223.53 Exper6es Accountsncy 521.16 523.80 Agency staff Broadband charges Chihjren's A¢tDI 3FA.28 561.60 561 60 1.302.63 Computer and IT Costs DBS Ched 286.69 200.QO 16.IX> 166.46 Dues and Subscription5 ICO Sub8cription 74.88 74.86 35.(K> 35.(Kl Irisurances 5B4.20 573.45 0ffi¢6lGw*ral MmiThstsaive Expet Parent Support Patking Payroll E￿n￿e$ Pwtsion 13.784.50 14,961.25 2.239.44 2,087.42 0.00 2.588.59 1.959.85 Taxes 929.24 127.$1 Wages Total for PayrcAI ExpeThses Printing. Postsg8 and Slalior*ry Rate5 74.792. 72.598 90 £n.310.79 £74,686.26 456.39 368 75 2.363.02 2.219.70 Rent 6.745.20 6.745.20 Repairs and Maintenance Serwce charge SupplE& and Equiprnetrt T￿li9h1 Support 851.S6 1.773 22 S.￿.00 6,ODO.(K) 2.957.81 2.841.91 1.402.20 2.OB6.C Indusion ExpendTture 0ts18d Subscription 11.98 35. Traini 199.20 Total for Expon Net OporatiThg Income Other Income ÉT17,9DD.14 £117.513.70 -£1&51S.97 ,290.17 Rent tiabimty Write Back Totsl for Wier IDcom8 4.800.(K> 42,028.79 £4,80D.00 £42.028.79 Other E￿n$t$ Net Other In¢om¥ £4,800.00 £42,028.79 Net Incomo 410.715.97 £15.738.82 **As of 31 March 2025 As of 31 March 31 2024 (PY)** ## **Scallywags Parent Partnership Nursery Balance Sheet** ## **As of 31 March 2025** |Called up share capital not paid
Fixed Asset
Tangible assets
Non-current Assets
**Total for Fixed Asset**
Cash at bank and in hand
Business Bank Account
Bank
**Total for Business Bank Account**
**Total for Cash at bank and in hand**
Debtors
Current Assets
**NET CURRENT ASSETS**
Prepayments and accrued income
Creditors: amounts falling due within one year
Trade Creditors
Credit Cards
Current Liabilities
Deposit Received
Overpaid Monthly Fees
Payroll Liabilities
HMRC
Pension
Scallywags NEST Pension
**Total for Payroll Liabilities**
Rent Liability
Service charge liability
Tax and National Insurance
**Total for Current Liabilities**
**Total for Creditors: amounts falling due within one year**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
Creditors: amounts falling due after more than one year
Provision for liabilities and charges
Accruals and deferred income
**TOTAL NET ASSETS (LIABILITIES)**
Capital and Reserves
Called up share capital
Retained Earnings
Net Income
Opening Balance Equity
**Total for Capital and Reserves**|**0.00**
**0.00**
107,606.06
113,579.47
**£107,606.06**
**£113,579.47**
**£107,606.06**
**£113,579.47**
**£107,606.06**
**£113,579.47**
1,800.00
1,100.00
0.00
0.00
1,946.40
-1,279.99
0.00
383.83
**£1,946.40**
**-£896.16**
4,400.00
9,200.00
22,800.00
16,800.00
**£30,946.40**
**£26,203.84**
**£30,946.40**
**£26,203.84**
**£76,659.66**
**£87,375.63**
**£76,659.66**
**£87,375.63**
**£76,659.66**
**£87,375.63**
48,304.82
32,566.20
-10,715.97
15,738.62
39,070.81
39,070.81
**£76,659.66**
**£87,375.63**| |---|---| 3