REGISTERED CHARITY NUMBER: 1166889 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR ELSECAR COMMUNITY NURSERY Xeinadin Barnsley Limited 12 Victoria Road Barnsley South Yorkshire S70 2BB
ELSECAR COMMUNITY NURSERY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financlal Activities Balance Sheet Notes to the Financial Statements 9 to 14
ELSECAR COMMUNITY NURSERY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES REV E A Sanderson Mr N Spencer PRINCIPAL ADDRESS 30A Hoyland Road Hoyland Barnsley S74 OPB REGISTERED CHARITY NUMBER 1166889 INDEPENDENT EXAMINER Xeinadi n Barnslev Limited 12 Victoria Road Barnsley South Yorksh i re S70 2BB Page I
ELSECAR COMMUNITY NURSERY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with the financial statements of the charlty for the year ended 31 March 2025, The trustee5 have adopted the provisions of Accounting and Reporting by Charities.. 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 102} (effective l January 20191. OBJEcfivES AND ACTIVITIES Objectives and aims Elsecar Community Nursery operates from a purpose-built facility and is dedicated to providing high-quality, inclusive early years childcare for children and families in Elsecar and the surrounding communities. The Nursery places health and wellbeing at the centre of its provision and is committed to supporting children to thrive emotionally, socially, physically and developmentally. This commitment underpins the Nursery's Happy Child philosophy, which is guided by the following core principles: Providing caring, safe and stimulating environments Supporting learning through interaction, exploration and discovery Promoting balanced, high-quality nutrition Delivering engaging a nd developmenta Ily appropriate activities Enabling children to learn and grow through play Page 2
ELSECAR COMMUNITY NURSERY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Significant actlvltles During the year, Elsecar Community Nursery delivered a wide range of stimulating indoor and outdoor activities designed to reflect children's individual interests and developmental needs. All provlslon is planned in accordance with the Early Years Foundation Stage (EYFS) framework. The Nursery benefits from a vibrant, well-resourced environment, including a dedicated library and sensory area, which encourage curiosity, creatlvity and challenge. The outdoor learning space is available year-round and includes an artificial surface, enabling consistent outdoor play and learning in all seasons. The Nursery provides places for children aged two to five years, offering both fee-paying sessions and government-funded places for eligible two-, three- and four-year-olds. The setting is fully inclusive and able to meet the needs of children with additional need5, SUPPOrted by an experienced on-site Special Educational Needs Coordinator ISENCO). All staff are quallfled, experienced early years practitioners and are actively supported to engage in ongoing professional development. This commitment ensures continuous improvement in practice and consistently high-quality learning experiences for children. The Nursery provides healthy snacks for children, supported by a voluntary weekly parental contribution. Parents and carers are asked to provide a healthy packed lunch for children attending during lunchtime sessions. Parental Involvement Elsecar Community Nursery places Strong emphasis on positive partnerships with parents and carers. Families are encouraged to actively engage with the Nursery, contribute ideas, and support the everyday running of the setting. Prospective parents are welcomed to visit the Nursery to meet staff and view the facilities. Parents are asked to provide personal care items such as nappies, wipes, creams and spare clothing, which are clearly labelled and used exclusively for their child. To support individual care and learning, parents are a150 asked to complete an "All About Me form, available via the Nursery or through the parents, information resources. Public benefrt Elsecar Community Nursery operates from a secure, self-contained site located behind Elsecar Holy Trinity Primary School, accessed via Church Street. While situated adjacent to the school, the Nursery is independent and benefits from its own secure entrance. The Nursery is a registered charity, governed by a committee of local Trustees and delivered by a dedicated staff team. It forms part of a wider local vision to provide accessible, high-quality childcare that supports families, employment and early childhood development within the community. In setting its objectives and determining activitie5, the Trustees have had due regard to the Charity Commission's guidance on public benefit. The activities delivered throughout the year clearly demonstrate how the Nursery's work provides benefit to children, families and the wider community. Page 3
ELSECAR COMMUNITY NURSERY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Charitable actlvities During the year, Elsecar Community Nursery continued to evolve following its transition to registered charity status. With the support and oversight of the Board of Trustees, the Nursery ha5 Strengthened its governance arrangements while maintaining a safe, stim ulating and nurturing environment for children. The quality of provision is evidenced by the Nursery's most recent Ofsted inspection, which resulted in a "Good rating. The Nursery provides high-quality childcare for children aged two to five years, delivered by a skilled workforce with qualifications ranging from Level 3 through to Level 6 and Early Years Teacher Status {E51. Strong relationships with parents and carers are actively promoted from the outset of each child'5 journey. Families are encouraged to Vi51t the Nursery, meet the staff team and familiarise themselves with the learning environment. Demand for places has continued to grow, reflecting the Nursery's strong reputation locally. However, the Trustees remain mindful of ongoing financial pressures, particularly rising operational and staffing costs, which present challenges to long-term sustainability. FINANCIAL REVIEW Reserves policy The Trustees recognise the importance of maintalning appropriate free reserves to support the Nursery's future development and financial resilience as activity levels increase. As the charity is still in its early stages, no specific reserves target has yet been set. During the year, the Trustees undertook a detailed review of income and expenditure and Implemented a significant restructuring of staffing arrangements. The impact of these change5 is reflected in the financial results for the year. Budgets and financial projections have been prepared based on expected levels of occupancy. The Trustees are satisfied that forecast income is sufficient to meet anticipated expenditure and to enable the Nursery to continue operating for the foreseeable future. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Elsecar Community Nursery is governed by its Trust Deed and operates a5 a Charitable Incorporated Organisation (cio). Recruitment and appointment of new trustees The Board of Trustees seeks to ensure that its composition remains appropriate to the scale and complexity of the organisation's activities. Trustee recruitment 15 undertaken with regard to the skills, experience and commitment required to support effective governance. Trustee training is an ongoing process. Induction is provided where necessary, and Trustees are encouraged to remain informed about their legal duties and responsibilities, including developments in charity and company legislation. Related parties The charlty maintains a close working relationship with Forge Community Partnership and its subsidiary organisations, supporting shared community-focused objectives. Page 4
ELSECAR COMMUNITY NURSERY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Approved by order of the board of tru5tee5 on 11 December 2025 and signed on its behalf by: Mr N Spencer- Trustee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ELSECAR COMMUNITY NURSERY Independent examlner's report to the trustees of Elsecar Community Nursery I report to the charity trustees on my examination of the accounts of Elsecar Community Nursery {the Trust> for the year ended 31 March 2025. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commlssion under Section 145{5}(b) of the Act, Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Report5} Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concern5 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M4JJ Scott Mell Xeinadin Barnsley Limited 12 Victoria Road Barnsley South Yorkshire S70 2BB 11 December 2025 Page 6
ELSECAR COMMUNITY NURSERY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Unrestrlcted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8.250 1,867 Other trading activities Investment income 207.570 181 148,766 187 Total 216,001 150,820 EXPENDITURE ON Charitable actlvltles Costs for generating funds 207,859 178,128 NET INCOME/(EXPENDITURE) 8,142 127,308) RECONCILIATION OF FUNDS Total funds brought forward 13,637 40,945 TOTAL FUNDS CARRIED FORWARD 21,779 13,637 The notes form part of these financial statements Page 7
ELSECAR COMMUNITY NURSERY BALANCE SHEET 31 MARCH 2025 2025 Unrestricted fund 2024 Total funds Notes CURRENT ASSETS Debtors Cash at bank 902 28,270 2,711 21,676 29,172 24,387 CREDITORS Amounts falling due within one year (7.393) 110,750) NETCURRENT ASSErs 21.779 13,637 TOTAL ASSETS LESS CURRENT LIABILITIES 21.779 13,637 NEf ASSErs 21,779 13,637 FUNDS Unrestricted funds 21,779 13,637 TOTAL FUNDS 21,779 13,637 The financial statements were approved by the Board of Trustees and authorised for issue on 11 December 2025 and were signed on its behalf by: Mr N Spencer- Trustee The notes form part of these financial statements Page 8
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (A) general information and basis of preparation The flnancial statements of the charity, which is a public benefit entity u nder FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charitie5 Act 2011. The financial Statements have been prepared under the historical cost convention. Elsecar Community Nursery is a charitable incorporated organisation and is controlled by its governing document, a deed of trust. The principal address is given in the charity information in the Report of the Trustees section of these f ina nci31 statements. The nature of the charity's operations and principal activities are the provision of nursery services. The financial statement5 are prepared on a going concern basis under the historical c05t convention, modified to include certa i n items at fair value, The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound. The signif icant accounting policies applied in the preparation of these f inancia I statements are set out below. These policles have been consistently applied to all years presented unless otherwise stated, Crltlcal accounting judgements and key sources of estlmation uncertainty No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements. There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of a55ets and liabilities Wlthin the next financial year. (B) funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financlal statements. (C) income recognition All incoming re50u rce5 are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and itls probable that the income will be received. No amount is included in the financial statements for volunteer time in line with the SORP IFRS 102}. Further detail is given in the Trustees, Annual Report. Page 9 continued..
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES- continued (c) Income recognition Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognlsed when entitlement has occurred. Income from government and other grants is recognised at fair value when the charity ha5 entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably, If entitlement is not met then these amounts are deferred. These grants and voluntary income are included in incoming resources when these are receivable and allocated appropriately between unrestricted and restricted income depending upon restrictions imposed. Donations and legacies are accounted for when they are received. (D) expendlture recognition All expenditure is accounted for on an accruals basis and has been classif led under headi ngs that aggregate all costs related to the category. Expenditure is recognised where there is a legal or Constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measu red reliably. (E) taxation The charity is exempt from tax on its charitable activities. (F) pension costs and other post-retlrement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. (G) debtors and creditor5 receivable/payable withln one year Debtors and creditor5 Wlth no stated interest rate and receivable or payable within one year are recorded at transcation price. Any losses arising from impairment are recognised in expendlture. OTHER TRADING ACTIVITIES 2025 2024 Fees and vouchers 207,570 148,766 Income from other trading activities £207,570 {2024: £148,766) of which £NIL12024: £NILI was attributable to restricted and £207,57012024.. £148,766) was attributable to unrestricted funds. Page 10 continued...
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 INVESTMENT INCOME 2025 2024 Deposlt account interest 181 187 TRUSTEES, REMUNERATION AND BENEFITS There were no tru5tees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 31.03.25 31,03.24 Wages and salaries National Insurance Pension contributions 169,636 3,977 2,993 139,178 1,472 2,249 176,606 142,899 Average number of employees 14 14 No employees received emoluments in excess of £60,000. The total amount of employee benefits received by key management personnel was £23,464 12024 £22,787). The CEO considers its key management personnel to comprise the manager and deputy. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtors Prepayments and accrued income 902 959 1,752 902 2,711 Page 11 continued...
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Other creditors Accruals and deferred income 3,750 723 2,920 6,250 447 4,053 7,393 10,750 MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted fund5 General fund 13,637 8,142 21,779 TOTAL FUNDS 13,637 8,142 21,779 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlrted funds General fund 216,001 (207,859) 8,142 TOTAL FUNDS 216,001 (Z07,859) 8.142 Comparatives for movement in funds Net movement In funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 40,945 {27,308) 13,637 TOTAL FUNDS 40,945 127,3081 13,637 Page 12 continued...
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 150,820 1178,128) 127,308) TOTAL FUNDS 150,820 (178,128} 127,308) A current year 12 months and prior year 12 months combined position is as follows: Net movement In funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 40,945 119,166) 21,779 TOTAL FUNDS 40,945 119,166) 21,779 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incomlng resources Resources expended Movement in funds Unrestrirted funds General fund 366,821 (385,987) 119,166) TOTAL FUNDS 366,821 1385,987) 119,166) Page 13 continued...
ELSECAR COMMUNITY NURSERY NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2025 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 14