The Athelstan Nursery Charltable Incorporated Organlsation (CIO) Trustees, report and Flnancial Statements for the period 01 September 2023 to 31 August 2024 Registered Charity Number 1166948
The Athelstan Nursery Charitsble Incorporated Organisatlon (ao) Registered Charity Number 1166948 ANNUAL REPORT AND FINANCIAL STATEMENTS for the period ended 31 August 2024 CONTENTS Charity Information Trustees, Annual Report Independent Examlner's Report Receipt & Payments Account Statement of Assets and Liabilities Notes to the Accounts PAGE 4-5
The Athelstan Nursery Trustees, annual report for the year ended 31 August 2024 Full name The Athelstan Nursery Registered charity number 1166948 Principal Addre55 The Athelstan Nursery. All Souls Church Hall, Athelstan Road. Clive Vale, Hastings, TN35 5JE Trustee5 Janet Gasson - Chairlsecretary Jessica Dorey Sally King Sharon Mayhew Bankers Lloyds Bank plc, Hastings Independent examiner Laura Dawson. Hastings Voluntary Action. Jackson Hall, PortSand Place, Hastings, TN34 IQN Objects To advance the education of thildren below compulsory school age.
The Athelstan Nursery Trustees. annual report for the year ended 31 August 2024 The Athelstan Nursery opened in 1978 and is managed by a Committee of Trustees. It operates from the parish rooms in the Clive Vale area of Hastings. Magdalen and Lasher own the hall and allow the nursery sole use of the Spa with a renewable Syr lease. Openin8 hoLtrs are from Monday to Friday, 9 am to 3 pm during term time onty. The nursery is re8lStered with OFSTED and the Charity Commission. Provision is offered for funded education and private places for children aged 2, 3 & 4 years old. Children with special educational needs andlor disabilities as well as children with English as an additional lan8uage are supp)rted. There is a staff of six employees who hold relevant qualrfications in Early Years. The staff tèam receive support from the mana8ement committee and the local authority eariy years team. rurture Governance and Man ent The Clive Vale Playgroup was estsblished with a Committee of Parents and governed by a constitutlon adopted on 7th October 1978. It became The Athelstsn Nursery in July 1995 when the constitution was amended and then amended again in October 1996. The Athelstan Nursery CIO has been re81sted with the Charity Commlsslon and full adoption took effect following the AGM In 2017. Day to day mana8ement is undertaken by the mana8er who Is responsible to the Trustees. The membership of the nursery is familles of attending children and other adults with an interest Sn the nursery. The Trustee5 are in regLtlar contact with each other and meet with the manager and deputy manager at least ono a term and are present at general meetin85 which parents and carers are welcome to attend. Imues arisin8 Wlthin the settifi8 are raised throu8h the Manager with the Trustees havin8 the final say. All staff and committee members hold valid and current D8S checks. Sally Klng stepped down from her Trustee role In June and Patrick Ryan applied to joln us. We continue with the challen8e of flndln8 new committed Trustees and especiallv Struggle to fill the role of Treasurer Ach5 •m nd rfornian The nursery began the year by welcomrn8 new Children and rturning families. Once again moming sessions proved very popular. At Christmas we held a performance of children singin8 festive songs and had a party for them during which Father Christmas visited. We continue to receive very posltive feedback from past parents, reception class teachers and other professiona15 in the &irly Years field. We also gain from recommendatlons and the positive reputation that we hold in the local community and have not needed to advertise. We were able to hold our AGM in May which wa5 very well anended. A sponsored letter hunt was hèld at Easter and a Teddy Bears picnlc Trn the summer temi. Our main achievement durin this year is a much improved bank balance. This has been achieved by an increase in chlldfen attending the nursery and also an increase in Government funding. We We able to give all staff a bonus at the end of the summerterm as thanks for all their hard work.
Stsff Lauren left in December for a years Maternity leave. Nat&sha took on an extra role as a mentor for the Lkpathent of EducatlOlL Outside of her nursery working hours. Catherine left us in July after seven years working with us. She will be greatly missed. The Trustees ar¢ very grdteful for the prof¢ssional and efficient way the staff have worked during the year and their continued commitment to the nursery. IKarnin and develo ment The Athelstan Nursery offers a safe, stimulating and rich space that encourages children to learn at their own pace. We provide broad. balanced and challenging activities which encourage children to explore. Staff work closely with parents to ensure the best outcomes for children. All staff are committed to continued profe&siona] development through training, S eel21 Thanks Particular thdnks go to all the staff in the nursery. They complement each other in skills and lle the nursery an exciting environment for children to grow and develop. We also thank the Magdalen and Lasher charity and H&stings Voluntary Action for their continued support of the nursery. SPla1 thanks go to Keith Miller who continues to offer his book keeping support to the nursery. Donations acknowled ed with thanks: Donations were received from Sussex Mason Cljambers, Derwent Edwards Masonic Hall and The muff Club. Signed: IA-A ,I tolb Chair
Independent examinerfs report to the trustee5 of The Athelstan Nursery for the year ended 31 August 2024 I report on the acounts of the charity. which are set out on the followin8 pages. Respertive responsibilities of committee and examiner The charity's trustees are responsible forthe pparatIOn of the accounts. The charity's trustees consider that an audit is not required for thls year under sectlon 144 of the Charitie Act 2011 (the Charrtles Act), and that an independent examination is needed. It is my responsibitty to.. - examine the accounts under sertion 145 of the Charltie5 Art - to follow the procedures laid down in the general dirertions given by the Charity Commi55ion (under Section 14515llbl of the Charities Actl, and - to state whether particular matters have come to my attention Basis of independent examiner's report My examination was rrIed out in accordance wlth the General DIrtIonS glven by the Charity Commission. An examlnation includes a review of the accountin8 records kept by the charity and a comparison olthe accounts presented with those records. It also includes consideration of any unusual Items or dis¢105ures in the a¢ounts, and Seeking explanatlons from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an ausit, and Consequently no opinion Is given as to whetherthe accounts presents a.tnje and view view and the report Is Imited to those matters Set out in the statement below. Independent examiner's ststement In connection wrth my examlnation, no matter has come to my attentlon l. which gives reasonable cause to believe that in any material SpeCt the requirements.. - to keep a¢countin8 records in accordance with sect40n 130 of the Charities Act - to prepare accounts which accord with the accounting records and comply with the accounting requirements ol the Act have not been met.. or 2. to whtch, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Laura Dawson Finance Manager Hastings Voluntary Artion Jackson Hall. Portland Place. Hastings. TN34 IQN Dated..
Tho Athelstan Nursery Receipts & payments account for the year ende 31 August 2024 Y••r Rocel EYEE Fundmg Fe&8 FundraIsin"pS & •vents Grants & DonatK>ns M¢stllan&iXts Income FUTr Fund$ TrtslfuThJ 105,890.16 19,315.55 843.80 111.634.36 22,228.50 148.(X) 1.110. 10. 135.130.86 111,634.36 22,228.50 148.00 1.110.00 1.510.00 136.630.86 1.5ThJ.00 1.500.00 126,057.01 Ex Wages Rent & ulilrti8S Equipment. Olfice. Materi Trips & Events Fundralsing c£*ts 90,481.27 14,152.17 6,666.68 43S.(#) 319.00 88.45 35.00 91,916.88 15,316.08 4,723.31 74.60 91,916.88 15,31608 4,723.31 74.60 63.20 35.00 165.82 1,659.64 2.016.53 761.97 1.056.90 39.60 856.80 100.40 orsted eMbipS and Subsc¥lplkni$ Rgpairs & Renewals Health & SafetyICaning In$ur8nc6s Trainin9 Advertising Accountancy & Pa1 Bank Char9e3 Bad Debts Sundry Payrnents 35.C 165.82 1.659.64 2.016.53 761.97 1,056. 39.60 856.80 100.40 1,439.70 776.71 95. 534.78 1,015.40 106.13 520.04 116,964.33 484.72 119,271.45 1,500.00 1.%)O.(KJ 1,984.72 120.771.45 9,092.88 Not $urplu$ Idelldtl 15,859.41 15.859.41 49.144.23 Openlng balarKo8 119r23 58,236.91 58,236.91 58,236.91 Fund bakncas cjl 311e124 74,096.32 74,096.32
The Athelstan Nursery Statsmenl of Assets & Llabllities asat 31 August 2024 Toial FI6 Cash auots 8usine88 account Undeposited funds Accwnts r6¢eivabJe C88h In hand Total caBh amets 53,6602S 70,499.34 4.558.66 18.00 58,236.91 3.509.65 87.33 74.096.32 Uabllttl•s Accounts paya9 Outstsnding cheques Total Ilablllu 58.236.91 74,096.32 s•t8 r•taln•d for th• charlty'• own Tho group hohys a cos19d Invenlory of equipment Approved by the Trus&8 on 0rn18Jnod on I1r behalf by Jan8t Ga88on- ChalrlS8¢r8
The Athelstan Nursery Charitsble Incorporated Orrdnlsatlon ICIO) Re8iStered Charlty Number 1166948 Note5 to the financlal Statements For the year ended 31 Augurt 2024 l. Receipts & payments accounts Receipts and payments accounts are statements that summarlse the movement of cash into and out of the charity during the financial year. In this context'cash" includes cash equivalents, for example, bank accounts where cash can be readily wrthdrawn to pay for debts as they become due. Charity law requires the Trustees to prepare finarKial statements for each financial year which tomply with the regulations set out in the Charitie5 Act 2011. The Trustees have eletted to take advantage of the provisions that apply to small charities and have ppared a Receipts and Payments Account and Statement of Assets and Llabilities. 2. Premises and staff. The pmiseS are rented from the Maedalen and Lasher Trust. The staff are directly employed by the Trurtees. 3. Tru5tees' remuneratlon. Trustees received no expenses. remuneration or benefits in this perlod. 4. Glossary of term5. Restricted funds.. These are funds Bfven to the ¢harity, subject to spedfi¢ $triCtIOnS set by the donor, but still wlthin the general objects of the charlty. 5. Debtors. Flgure includes £3.509.65 credrt balance at HMRC This relates to credlts for Maternlty Allowance and Employment Allowance which, for several months, have exceeded the total payable in respect of Income tax and Nl.. Will resolve itseff naturally in due course.