2023-08-31-accounts

Registered Charity No. 1165088 Ofsled Regislrallon No. EY501227 ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 The Trustees present thèir annual report together with the financial slalemenls for the year ended 31 August 2023. The accounts have been prepared in accordance with the accounting policiès lo the accounts and comply wllh the Ch8rily's Conslilulion the Charities Act 2011 and Ihe'Accounllng and Reporting by Charities.. Slalemenl of Recommended Pra¢li¢o appll¢able lo charlli8s Preparing their accounts in accordan¢e with the Flnancial Reporting Standard applicabla in th8 UK and R&publl¢ of Ireland {FRS 1021° Objects and Activlties The objectives of Sl Hugh of Llncoln Nursery School ar8 lo prowde the ne￿ssary facilitiès for the da1￿ care. recreation and Oducalion of children by the provision of a nursery school withSn the Catholic parish of Wilney in thè county of Oxfordshlre, and lo advance the education and training of the psrsons involved in Ihe provision of such care. education and recreational facilittes- in each case only insofar as such objects are not Contrary lo the advancement of the Chrisllan rellsion In accordance with the tenets and Greed of the Roman Calhollc Church. Sl Hugh of Lincoln Nursery School aims lo ensure high standards of managèment, lea¢hing and learning lo raise outcomes for all children attending th6 nursery school in numerous ways including= Sllmulaling and motivating children lo learn through curiosity, imagination and ¢oncenlration'. Making accurate judgements lo identify next steps appropriately for all children- Improving on the quality of curriculum and routines lo enhance literacy skills for all chiklren.. Enhancing children's learning in a natural environmenl, and Improving personal, social and health development.. Letting children know their views are Important and their voices are heard., Impro￿ng communication and language outcomes.. Narrowing the gap between groups of chlldren,. Giving additional support to individual children where there is a need., Developing an enabling environment for children with English as an Additional language. We have a clear action plan in place, with measurable success crkteria. which is updated and further devèloped by Ihe Nursery School Manager on an ongoing basis. We use this lo assess Olfr progress In allainlng our desired outcomes, and Ènsuré we ¢onlinu6 to improve on our high level of care and early-years education for all thildren allendlng the nursery school. The Trustees have referred lo the gtjldance conlalned In thè Charity Commission's guidan￿ on public benefit when codifying the Charity's aims and obje¢llves. and continue lo do so when carrying out duties lo which the guidan￿ relates. Achlevements and Performanc8 The maln achlevem8nt ofth8 nursery school durtng the last year has been to provide an ou181anding standard of eduGalk>n, support. and care for each of the 74 children who attended this yaar. Wa welcomed 14 children with English as an additional language, including 2 Polish, 4 Indlan, 4 Portuguese. 1 Turkish, 1 Romanian and 2 children who use British Sign Languagelmakalon. 10 children with special educational needs, 7 children on Early Years Pupil Premiurn IEYPPI, 8 children receiving Iwo-year-old funding. 2 children receiving Inclusion funding, 1 child re￿IvIng additional funding and 2 children receiving Disability Access Funding. We supported 4 lamilies who were classed as vulnerable. Training for staff as always, has baèn high on th8 agenda and covered bNo dozen different subjects, includlng.. Safeguarding,. Food Hygiene., Paedlalrlc Flrst ￿d,. Phonology- SEN Co-ordlnation., Downs Syndrom& and Complex Neads,. Autism., Powar of Play,. Rooks & LangLtage- Undersianding Child Development.. Leadershlp- Online Safely.. and OTal Health. The training has helped to keep the nursery up to dale with current legislation and practices in Early Years Education, ensuring our children are safe. protected and given the best opportunities in early life. Slaffing again has beon a constsnt concern, with recruilmenl an issue nalionwid8. Wè have nevertheless been able lo a¢commodale all the children's allocated sessions Ihrough a vigorous loam effort and considerable flexibility.

ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY REPORT OF THE TRUSTEES ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2023 Achlèvèmènts and performancè Icontinuedl Aclivilios. planning and routines have been continually updated following information racèived on current best practice. We continue lo use the Letters & Sounds programme lo prepare children for phonic work al primary school. This includes 'Phas8 On8 Phonics 8 'Rhym8 oflhe month. whlch is sent lo parents lo share with ¢hildren end18arn al hom8', and 'Sound of thè Weak, Invo￿1ng a Jolly Phonics lune which is also shared via Parenlmall 8very week. We continually revlew our C￿rrIculuM and Pedagogy to enhancè Ihtr work we olo wllh tha children centred on Ihelr interests and next steps. Th18 in turn develops our individual planning, observation, and assèssment m8lhods', 8nsuring all chlldrèn are Supportèd by Kèy People while any supply staff are provided with a work planning board. Communi¢alion and Lan9uage is a￿ayS high on our priorities for all children. as we know how vital 8 lifè ski15 this is. The Députy Manager & Language Lead for the nursery continues to use the Wellcomm scr88ning tool for all children whojoin us. priorilising the children who have been identified with speèch and language delay or difficulty, so Ihal ws can put appropriate support in plaeè f(￿ each ¢hild, and refer lo outside agencies good limo if needed. We continue lo enhance Brillsh Values. We have a 'Good Choice, and 'WOW' board in the nursery room by the Welcome Time area. Children are identified and praised for good behaviour. empathy, overall exceptional b&haviour, now skills they may h8ve learnt, or new experiences they have had and can share. Outside Learning sessions continue each week in the wild area of the Primary School field noxl door. This has been enhanced as a member of the school staff has undertaken Forest School training, which benefits the nursery. Studies have shown how children's personal, social, Snd emotional development. along with knowledge and understanding of lh6 natural world, is improvtsd by learning independer>lly outdoors. OuÉid&16arning has baén 8 vital part of our trhlldren'q limè wlth us. Each chSld 18aving al the end of ihe year has had the opportunity to allend Outslde Learnlng sesslons. We ¢onllnue our Glotie relallonship wllh the C<irg Home next door lo the nursery. We have enjoyed rfjlu¥nlng lo inside $e$slons wilh them and have shared experiences such as cooking. gardgnillg and playing on their inleraclive table. Our children have made cards and gifts throughout the year lor the resldents, and our Care F4ome neighbours have kindly returned these gestures lo us. Wè have had visits from outside supwrt agencies this year lo addross their ever-increasing waiting lists, along with telephone calls offering advice from the SEN Inclusion Teacher. In the nursery we ¢onlinue to use the advlce and knowledge of the staffing team to develop and implement plans lo help Ihe children with SEN 2nd Disabilities, and those requiring SLtpport for Speech and Languagè. Wa have workad with farllilies, signposting them lo medical professionals lo galn wnsullatlons from the Comm4Jnily PaedialricAans and also requeslad support from other ag6nci8s. Wa will conlinuè to work with Spéaeh and Language Therapists lo support our chlldren wllh Iheli communication and have roceived advice from Ihg Occupational Therapist, Physiothèrapists, and other Earty Years Support Workers when needed. Our Special Educatsonal Needs Coordlnalor Lead role continues lo be taken by the Manager. Our Deputy Manager has cornplgled her Level 3 SENCO qualrficalion so will be working closely with har in this areo in future. We have received Disability Access Funds and have been working with a famlly to ensure they are supported, and that the child is able to reach their full potential, and gains access lo all the experiences and activities we provid8. We havè purchasèd resources and swcialised equipmènt to assist the child in queslion. Some EYPP, Dlsablllty Access, and Inclusion funding has been used lo provide 1-.1 SUF)POrt for children rgqulrlng additloTral alds, Iralnlng for staff lo assist children wlth Indlvidual needs, lo purchase resources and activities that extend learning and development. Experiences included Outdoor Learning. Living Eggs, Ins6¢1 Lore caterpillar & butterfly, and a contribution towards the Leavers, trip lo Pizza Express. All ¢hlldren in receipt of 2-year funding or EYPP hav8 agaln received payments wa Ihe Winlerlsprlnglsummer grant scheme lo help financially through the school holidays. inc. purchase of food vou¢hers.

ST HUGH OF LINCOLN NURSERY SCHOOL. WITNEY REPORT OF THE TRUSTEES ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2023 Achigvamants and performanca Icontinu•dl Children continue lo be involved In maklng decisions during our everyday practice by voling al Café lime. The children's views on life al the nursery are also sought in our annual questionnaire and are shared in staff meelings so that we can act on any of their concerns or ideas. In March 2023, 47 families returned the annual queslionnaire, which was sent onlln8 for thè first tima. This helps us ensure the nursery maintains high standards and that the children are happy and progressing well. The results are dlsplayed in lh6 entrance hall and were sent out lo all parenls. We celebrated many occasions across the year, IncludSng.' Witnay Féast, Nalional Fitness Day, Oral Health Week. Hatvesl Festlval, National Smlle Day, Grandparents Day, Unilgd Nations Day, Armisti￿ Day, World Nursary Rhyme week, Sl. Hugh's Day, Christmas, Burns Night, Nalional Slorylelling Week, Children's Mental Hoallh Week. Safer Internel Day, St. George's Day. and the King's Coronation. Children's profiles using the assessment tool Evidence Mo continue to be sent out weekly so that chiklren's 18arning 8nd progrèss 81 nursèry Can be supported al home. Parents are asked to send in their obseThalions and photographs from home so that a broader picture of each child's learnlng can be gathèrèd, and we can plan activities based on interests from home. Al the start of each tarm parenlslc8rers are Snformed about the next steps and learning outcomes relevant lo their child's d&velopment, from the framework that we (Jse All observallons and assessments are sent home and checked by the manager lo ensure a hloh quallly of provlslon and leaching persists in the nurs8ry. Throuoh these observations and from discussions, w8 idèntified that the book corner was not being used appropriately. Changing its location and buying a dome to niake the book corner into a comfier 'den' worked well and more ¢hlldren now spend lime looking al books independently or with an adult . The Manager is active in evaluating practice, planning, maintaining high standard$, and idenllfy trainlng needs. Through supe￿i$L0n and Appraisal meetings staff requtssled rofresherlraining on 2-yearolds' child development, which when delivorod in-house was very w811 r$¢eived. The nursery school has been involved in charllable activities so that our children galn an awareness of olheTs in need. This has induded colleclSons of food for Wilney food b8Nk through our Harvest Festival and the Samaritans Purse Shoebox App881. In thè summer of 2023, 37 of our children moved on lo Primary Schools or other local settings. Their Key Persorl wrote transition reports ft)r them. which went lo their new Foundation Stage teaehers and were followed by phone discussions about learning and development., and with a few $ch￿lS transition visits have taken pla￿. We have welcorned parents in for 'Slay and Plav sessions,. invited in Police Officers, members of the Trustees have spent lime in the nursery,. had students in from local secondary schoc>ls and eolleges,. had a Iraclor allend when celebrating the Harvest.. enjoyed a visit from Father Chrlslmas; and an Ice cr8am van in the summer. In addlllon, wa have been able lo welcome back studénts studying Chlldtrare & Health, Social Cara, and students on work expe￿anCe from local schools and collages. Prospe¢live parents wshing lo visit the nursery have come in when the nursery is open lo see our daily roullne. We have also held New Parents, meetings to dis￿sS their child's posslble place and how the nursery works. This has been another year providing hlgh quality education and childcare. We have agaln shown strong learnwork throughout all aspects of the nursery. The nursery garden began lo be refurbished in August 2023 and exploring the new environment proved very rewarding when the nèw year bègan aoain in Seplernber.

ST HUGH OF LINCOLN NURSERY SCHOOL. WITNEY REPORT OF THE TRUSTEES {CONTINUEDI FOR THE YEAR ENt)ED 31 AUGUST 2023 Financial Revlew After reporting on 2 years affected by covid, it is very 9ralifylng lo be able lo confirm such a positive recovery in the year ending 31 August 2023. The return lo more normal working was accompanied by r8cord18vèls of incomè, as the nursw was buqier and more popular than ever. Turnover. including both Earfy Years grant Incom& and fees, reached their high8sl levels slnce the Nursery became a charity, and indeed for over a decade.. exceedlng £200,000 for the first lime. We wgre very grateful for thè donations we received, whiGh enable us lo b¢Jy additional equipment for tho ahildren's use. These also achieved a new high of £4,147 in 2022123. Naturally staff costs rose as well. in order lo look after the rislrng number of Children in our care. But in further evidenco of the nursery's excellent management and processes, although the Lwing Wage rose faslerthan Earfy Years grants, hourly rates, salary costs were held in line with our rising income. Working conditions were also improved during the year. with irncreases in holiday pay for hourly paid st8ff. All other costs were, as usual, well managéd and these were held C￿nStsnI al a lime of sharply rising PriGOS. Given the slrenglh and s8curily of the Nursery's finances il was approp¥iale lo invest lo refuTbish the outdoor play area. This happersod during August of 2023, with some of the capital exp8nditure falling into next year's financial return. The refvrbishmenl has proved popular with children and stsff alike. The Nursery's surplL¢S of £10,000 for this year cAncels out the modest losses of the past 2 covid-affecled years and made a si9nificanl contribuliori to the Capital investment in the Nursery's ouldoorfactlilies. Our unrestricted resetves al the end of August 2023 totslled £152,626. of which £123,296 ware free reserves. This compares with unrestricted reseNes of £133,048 armj free reserves of £128,229 81 the end ofAugusl 2022. Our restricted res8rve comprises the unamortised value of the r)ursary sch￿1 building extension, whlch was funded by our nursery school founder, Mr Christophèr Flynn in 2008. The extension Is being depreciated over P81iod of 20 years, over which lerrn the fund wlll bo amortlsed Sn equal proportions. Our poll¢y has been lo continue lo grow our free reseNes each year by an amount al1685t equivalent to the déprèciation on the building extension. in order to ensure our abillty to fund any necessary further building work in tho fLrture. following the natural wear and lear on tho property. The Irustees will keep this policy under review in the coming financial years to ensure Ih8t it is still apF)ropriale. The Irusleè$ consider that the nursery school is a going concorTr, and our report Ss prepared ac¢ordingty. Structure. Gov8rnancè and Management st Hugh of Lincoln Nursery School is consliluled as a Charitable Incorpordled Organisalion-, registered as such in January 2016, having previously been run as a part of the Birmingham Oiocesan Trust. Trusleos are appointed by a resolution passed al 8 properly Convenad moeling of th@ Trusiees of the Charity. In selecting individual8 for appointment as charity trustees, the Twstees of the Charity ensure Ih8t prospective trustees know of and 8ccepl the oblecl of Ihe Charity and pay regard to the skills, knowledge and experience oeded for effeclive adminislralion of the Charity. Thè Trustaes ansure that they lake notice of instructions given by thè Catholic Archbishop of his represenlalive In maklng the arrangemenls lor any such appolntmenl. The Trustees meet four to slx limes a yeai lo review progress and planrbed actlvllles as well as flnances, health and safety, property and dlocesan matters where these arise. In addition. the Nursery School Manager will call upon any of the Trustees for advico or expertise irb their area where addilional support is needed. There are also olle or two separate meetings of the finance eA)mmillee lo review and discuss nursery school fees and sL9ff rèmuneration. Recommendations are brought from these meelings to the whole bdy of Trustees lor approval.

ST HUGH OF LINCOLN NURSERY SCHOOL. WITNEY REPORT OF THE TRUSTEES ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2023 Trustees Mrs Rachel Crou¢h Fr Palrlck Broun Mr Llam Durkin Mr Matthew Lee Mrs Sophle Smith Chair P8rish Priest Health and Safety OffK8r Hon. Tr8asur8r Secretary Contact Detai15 Addrèss.. Curbridge Roacl Witney Oxfordshire OX28 5JZ Website: www.sthughofllncolnnursery.co.uk Trusteo$' Responslbility Statement The Trustees are responsibl8 for preparing the Report of the Trustees and the financial slalemenls in accordance with applicable law and United Klngdom A¢counting Standards (United Kingdom Generalfy Accepted Accounting Praclicel. The law appli¢able lo ch8ri1i8s in England and Wales, the Charitles Act 2011, Charity (Accounts and Reports) Regulatlons 2008, 8nd the provislons of Ihe Irusl deed requires the Trustees lo prepare financlal statements for ea¢h financial yèar which give a IrL¢8 and fair view of the stale of affairs of the Charity and of the incoming rosources and application of r8sources, includlng Ihe Income and expendilure, of the charlty for that period. In preparlng those financial slalemenls. the Trustees are required to.. select suitable accountlng pollcitrs and then apply them consistently., observe the methods and principles in the Charity SORP., make judgements and eslimales that are reasonablé and prudent., prepare the financial slalemenls on the going concern basis unless il is inappropriate lo presume that the Charity will continue in business. The Tr￿StaeS are responsible lor keeping proper a¢¢ountlng rtr¢ords whl¢h dls¢knse with reasonable accuracy at any tlme the financial position of the Charlty and lo enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charity (Accounts and Reports) R8gulalions 2008 and the provlsions of the trust deed, They are also responsible for safeguarding the assets of the Charity and hence for taking ieasonable Steps for the prevention and detection of fraud and other irregularilies Approved by order of the board of Tmslees on 13 May 2024 and signed on ils behalf by.. Mrs Rachel Crouch Ichalrl

ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023 Restricted Unrestricted Funds Funds Total Restricted Unrestricted 2023 Funds Funds Total 2022 Note Income and èndowments from: Donations ChaTilable aGlivilles Investments- bank interest 4,147 4,147 203,159 203,159 1.307 1.3Q7 1,476 1,476 162,753 162,753 328 328 208,613 208,613 164,557 164,557 Expenditure on: Charitable aclivilles Direct expenditure Mana9emenl and admin 165,702 165.072 23,g63 33,531 135.717 135,717 23,934 33,502 9,568 9,568 Total expenditure on Charitabl& activities 9,568 189,035 198.603 9.568 159.651 169,219 Net movement In funds 19,588) 19,578 10.010 19,5681 4,906 (4,662) Reconclllatlon of funds: Total funds brought forward 51.032 133.048 184.080 60,600 128,142 188,742 Total funds carried forward 41,464 152,626 194,090 51,032 133,048 184,080

ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY BALANCE SHEET AS AT 31 AUGUST 2023 31 Aug 2023 31 Aug 2022 Note Flxed assets Tangible assets 70,794 55.851 70,794 55,851 Current assets Debtors Prepayments and accrued income Cash at bank and in hand 50 3,924 152,299 2,935 124,519 127,454 15S,273 Cradltors Creditors Accrued expensos PAYE and Nl liability 623 2,524 1,011 2,010 25,30B 726 4,158 28,044 Net current a$$et$ 123.296 128,229 194,090 184,080 Thè funds of the Charlty.. Unrestricted funds 152.626 133.048 Re$tTh¢l$d fund- building extension 41,464 51.032 Total Charlty funds 194.090 184,080

ST HUGH OF LINCOLN NURSERY SCHOOL. WITNEY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 1. ACCOUNTING POLICIES Basis of preparing the financlal Statements The financial stalgmenls of the Charitable Settlement, which is a public benefit entity under FRS 102, have been prepared in accordance with thè Charities SORP IFRS 102} 'Accounling and Reporting by Charities.. Slalernent of Rècommended Practice applicable lo charilies preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {Updale Bullttlin 21., Financial Reporting S18ndard 102 'The Financial Reportlng Standard applicable in the UK and Republic of Iraland, and the Charities Act 2011, The financial stalernenls have been prepar¢d under the historical cost conv6nlion with thè exception of Inv&slm8nls whl¢h are Included al rnaTkel value. as modified by Ihe revaluatlon of certain assets. Golng concern At the lime of approvlng the accounts, the Trustees h8va a r&asonable axpectalion that the Charity has adequalo re50ur¢es lo continue in operational existence for the forese8able future. Thus Ihe Trustees continue to adopt th6 going concern basis preparing the accounts. Fund accountlng General fLtnds are unreslrictad funds which are available for uso al the discretion of the Trustees in furtherance of th8 ganeral objectives of the Charlly and which have not been deslgn8lèd for othar PLJrposes. Reslricled funds are funds which are to be used In a¢¢ordan¢e with specific restrlcliong Imposed by donors or whlch have been raised by the Charity for particular purposes. The aim and use of each reslricled fund Ss sel out In Ihe not8S to the financlal 8lalem8nls. Income All incomo is recognised once the Charity has entitlement to the income. it is probable that the incom8 will bè received and the 8mount of income receivable can bo measured reliably. Cash dOna￿on8 are recognised on receipt. Olher donalions are ￿COgniSed On￿ the Charity has bèén notified of the donation, unl8ss performance conditions require dèferral of the amount. Income lax recoverable in relatlon lo donations received under Gift or de￿S of covenant is recognised al the lime of the donation. Grants and donations subject lo tha spec5flc ￿$heS of the donor are credlted lo relevant reslrict8d funds. Income tax recoverable in r8lalion lo donations recelv6d under Glft Aid or deeds of covenant is recognised at thè limg of the donation. Tangiblè fixed assets Individual fixed assets costing £250 OT more ar8 capitsllsed al cost and are depreciated over Ih8lr esllmatsd useful economic Iivt)q as follows.. Building extension Outside play area improvements Office eoulpmenl, furniture and fittings 20 years straight line 5-10 years straight line 3 years straight line Expenditure and Irrecoverable VAT Expenditur8 is rocognised once there 18 a18gal or conslructive obligation lo transfer ￿0￿0M[s benefit lo a Ihird party. 11 is probable that a transfer of economic benefits will be ￿qUired in seltlemenl and the amount of th& obligation can bo measured reliably. Expendituré is elassified by activity. The costs of each activity are made up of the lolal of direct ¢osls ar￿ sh8red costs. including support costs involved in undertaking each aclpiity. Dlrecl costs attributable lo a single activity are allocated directly lo that 8¢11vlly. Shar6d Gosts which contribute to more than one a¢livity and support costs whlch aro not allribulable to a slngle aG￿VIty are apportioned betwe6n those activities on a basls conslslent wllh the use of resources. Cgnlral staff COS￿ are allocated on the basis ol Ilme spent and depreciat￿ Charges allocated on the portion of the assol's use.

ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2023 I ACCOUNTING POLICIES (CONTINUED) Expendllure and IrrecovgraF)1g VAT l¢ontlnuedl Fundraising costs are those incurred in seeklng volL¢nlary conlrlbutions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs InCUTred directly in support ol expendilure on the objects of the charity and include project management carried out al kleadquarters. Governance costs arè those incurred in conneclion wilh admlnislralion of the charity and compliance with conslilulional and stslulory requirevnonls. Costs of generallng funds are costs incurred in attracting voluntary incom8 and those inCu￿ed In Iradlng activities Ihal raise funds. Irrecoverabla VAT is charged as a cost against the a¢livily for which th8 expenditure was in¢urred. Debtors Trade and olhor debtors are recognised al the selllemenl amount after any trade discount offered. Prepayments are valued al the amount prepaid nel of any tradè discounts dua. Cash at Bank and In hand Cash al bank and in hand includes cash and short térm highly liquid investments wllh a short malurlly of three months or less from the dale of acquisillon or opening of the dsposll or slmllar account. Creditors and provisions Liabilities are re¢ffjnised when there is an obligation al the Balan￿ Sheet dale as a result of a past event. 11 Is probable Ihal a Iransf6r of economic benefit will be required in selllemenl and Ihe amount of the settlement ¢an be estimated reliably. Liabilities are re¢ogni$éd 81 thè amount thAI thé chArily anticipatès il will pay lo settle the debt or the amount il has received as advanced payments for the goods or servicos il musl provido. Flnanclal Instruments The Charity only has linanoial assets 8nd financi81 liabililieg of a kirkd th81 qualify as basic financial inslnjménls. Basic financial instruments are initially recognised al transaction value and subsequently measured al their setllemtsnl value. Reserves policy 11 is the policy of the Charty Ihal unrestricted funds which have not been designated for a speclfic use should Fje maintained al a leval equiva16nt lo between three and six months, expenditure. This level of reserves has been maintained throughout the period. Penslons Thè Charity oparales a defined contribution pension scheme and the pension chargè represents the amounts payable by the charlty lo the fund in respect of the period.

Donations Total 2023 Totsl 2022 The Friends of Sl Hugh of Lincoln Nursery School look family Amazon smile Bag$28chool Vvailrose Olher 1.323 1,002 95 91 333 1,303 1,010 41 90 335 4,147 1,476 3. Income from Charitable activities Total 2023 Total 2022 Nursery school fees Earty Years and Other Government Grants Other fegs, commissions and claims 49,511 148,900 4,748 34,082 121,356 7,315 203,159 162,753 10

1. Expenditure on Charitablq activlllès Rèstrlcted Unrestrlcted Fund Funds Total Restrlcted Unrestricted 2023 Fund Fund$ Total 2022 Direct expendlture on nursery school aGlivities Wages, employers National Insurance and Pension Equipment and Educallonal Malerials Consumables Training 155.644 155,644 127,034 127,034 8,152 419 857 8,152 419 857 7,885 244 554 7.885 244 554 165,072 165,072 135,717 135,717 Repairs, Maint8nance and Cleaning Insurance Recruitmgnl advertising Leasing and equlpmenl Rates and services Telephon8 and inlernel Printing. postage and stationery Entertainment- staff Travel Professional lees Bank charges Depreciation Bad debts Sundry Donations 7,268 1,782 7,288 1,782 9.047 2,081 689 1.373 3,910 572 989 231 9.047 2,081 689 1,373 3,910 572 989 231 1,393 3,772 494 1.272 399 80 4,114 60 2.796 1.393 3,772 494 1.272 399 80 4,114 60 12,364 1,652 1,652 93 93 2,950 12,518 9.568 9,568 515 10 515 10 342 342 9,568 23,963 33,531 9,568 23,934 33,502

2. Fixed Assets Plant and Equlpment Proparty Improvements Total Cost Al 1 September 2022 Additions 24,658 224,387 27.307 249,C145 27,307 At 31 August 2023 24,658 251,694 278,352 Depreciation At I September 2022 Charge for year 22,139 1.592 171,055 10,772 193,194 12,364 Al 31 August 2023 23,731 181,827 205,558 Net book value Al 31 August 2023 927 69,867 70,794 At 31 August 2022 2,519 53.332 55,851 Creditots 31 Aug 2023 31 Aug 2022 Creditors Acctuals PAYEI Nl Liabilitiès 623 2,524 1.011 2,01 25,308 726 4,158 28,044 12

3. Staff costs 31 Aug 2023 31 Aug 2022 Wages and salaries Social security costs Other pension costs 150,848 1,707 3,289 121,237 3.200 2.597 155,644 127,034 The average monthly number of persons employed by the CIO during the period was as follows.. 31 Aug 2023 No. 31 Aug 2022 Direct Staff Adminislrafjon 11 11 13 13 The were no higher paid employees They had no key management personnel. There were no Trustee expenses during the year.

4. Related Party Transactions There were no known related party transacllons during the year.

5. Analysls of Net Assets Between Furtds 2023 Total Funds 2022 Total Funds General Funds Restricted Funds Fixed Assets Current assets Current liabilities 29,330 127,454 14.1581 41.464 70.794 127,454 14,1581 55,851 156,273 128,044} Nel Assets al 31 August 2023 152,626 41,464 194,090 188.742 13

6. Movoments in Funds Incomln Resources Out oin Resources At31 Au 2023 At31 BIForward Transfers 2022 Rèstricted Funds Property- Improvement Unrèstricted Funds Gener¥1 Funds 51.032 {9,568} 41.464 51,032 123,048 208,613 {189,0351 152,626 133,048 184,080 1198.6031 194,090 184.080 14

ST HUGH OF LINCOLN NURSERY SCHOOL. WITNEY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEESI MEMBERS OF ST HUGH OF LINCOLN NURSERY SCHOOL, WITNEY I report lo the Charity Trustees on my examinaliorb of the accounts of the Charity for the year ended 31 August 2023, which are sel out on pages 610 14. Responslbilities and basis of rèport As the Charity Trustees you are responsible for the preparation of the accounts in accordance with the requirements of thé Charities Act 2011 I'the Ael'l. I report in respect of my exarninalion of your Charity's accounts ss carriad out under Section 145 of the A¢1 2011 and In carrying out my examination I have followed all the applicab￿ Directions given by the Charity Commission undar se¢tion 14515llbl of the Act. Independent examinerts statement I have completed my examination. I confirm that no material matters have come lo my attention in connection wlth tha exarninallon glving me cause Iv believe Ih<il in any Inalerial resp¢¢l'. 1. accounting records were llol kept in respect of the ChaTlty as required by Section 130 of the Act,. or 2. the accounts do not accord with Ih0s6 records., or 3. the accounts do not comply with the applicable reouir8ments concerning th8 form and conlenl of accounts sel out in the Charilies IAccounls and Reports) Regulations 2008 other than any requirement that the accounts givg a 'lru8 and fair viaw. which is not a m8ller considered as part of an independent examination. I have no concerns and have come across no 0th8r mallers in connection with tha examination lo which allenlion should bg drawn in this report In order lo 6nable a proper undaislandlng of the accounts to be reached. Andrew Rodzynski FCA Townsend Gosdltch Housé 5 Gosdltch Street Cirencester Gloucestershlre GL7 2AG Date: 13 May 2024 15