Charity number: 1171100
KALEIDOSCOPE CHILDCARE
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
KALEIDOSCOPE CHILDCARE
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 21 |
KALEIDOSCOPE CHILDCARE
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2025
Trustees Kathryn Jackson Janet Wood Joe Hoskins, Chair (resigned 13 May 2025) Florence Hulme Benjamin Dawson, Chair Kim Olsen Sarah Ramsden (appointed 2 September 2025) Louise Bolognini (appointed 13 May 2025) Leah Benjamin (appointed 13 May 2025)
Charity registered number 1171100 Principal office Roman Road Aldington Ashford Kent TN25 7EE Accountants Magee Gammon Chartered Accountants Henwood House Henwood Ashford Kent TN24 8DH
Page 1
KALEIDOSCOPE CHILDCARE
TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2025
The Trustees present their annual report together with the financial statements of the Kaleidoscope Childcare for the year from 1 August 2024 to 31 July 2025.
Objectives and activities
a. Policies and objectives
The objects of the Charity are to advance the education of the children at the breakfast club, pre-school and after school club in particular by:
-
I. Developing effective relationships between staff, parents and others associated with the breakfast club, preschool and after school club and including people in the local community;
-
II. Engaging in activities or providing facilities or equipment which support the pre-school and advance the education of the pre-school children;
-
III. Providing facilities or equipment which support the before and after school care and development of children under the age of 12.
The Trustees have carried out the charitable objects and purposes of the Charity throughout the year for the public benefit by running the facilities for the benefit of the advancement of education for the children that attend the setting. This is evidenced by the numbers of children attending the pre-school during the year and the children that attended the reduced after-school club.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
a. Main achievements of the Charity
The numbers across all elements of the charity, including breakfast and after school club are at high levels with waiting lists for spaces in the Ladybird and Butterfly rooms. We have a huge waiting list for September and have had to put a new admissions policy into play.
Where applications for admission exceed the number of places available, the following criteria will be applied, in the order set out below.
-
Existing families with children at the nursery at the time of application.
-
Children who have an Education and Health Care Plan (EHCP), health or special access reasons as well as any child who is or was previously in the care of the local authority and has now been adopted or become subject to a residential or guardianship order.
-
Children of new or existing staff members
-
Nearness of the child’s home address to the Pre-school, with those living nearer having higher priority.
The Charity works hard to support children from all different backgrounds and areas of our society and as part of this the preschool has a wider cultural curriculum. The Pre-school has been growing fruit and vegetables to help the children learn about growth and change in nature. We have also been developing children’s knowledge of nature through the forest school and exploring the local environment around them. The preschool continues to enjoy regular visits from a specialist music teacher and those sessions are well received and enjoyed by the children.
Pre-school are continuing on our curiosity approach accreditation journey, we have been evaluating the areas in the setting and how effective these are and how these can be developed. The staff team have been working hard to clear the clutter and introduce more open ended play opportunities to the children offering a range of loose parts and natural resources to inspire them and promote curiosity and a sense of awe and wonder. As we went into term 5 we ran Tizzy sessions and some more focused groups for our school leavers as well as running PE sessions and sports day. We are also had a fantastic school leavers trip to the Rare Breeds.
Page 2
KALEIDOSCOPE CHILDCARE
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
Achievements and performance (continued)
The Charity’s staff remain its biggest asset and we are very lucky to have a committed and enthusiastic team. We are very proud to be able to support our staff’s development through training and continuing personal development. All staff are now level 3 or above. We continue to support further development for our members of staff who show an interest in progressing their careers and developing their knowledge. Our staff continue to show commitment to their work, the Charity and most importantly the children in their care and we thank them for their hard work and dedication. It has been a challenging year, the children’s safety and well-being being our top priority and therefore we had to have provide additional staff to maintain these high standards and to ensure that we are effectively meeting all of the children’s needs. Despite this the team have been focused on improving the environments and developing the curiosity approach within the setting.
We have also been developing our partnerships with parents and extended family by inviting them in for stay and play sessions for grandparents day, Mothers and Father’s day events as well as a Christmas events, sports day and Teddy Bear’s Picnic/ leavers event. It is wonderful to be able to share these moments with the children and their families and continue to build on the relationships we have with our families, essential for the continued growth and sustainability of our setting.
Holiday clubs were run at Easter and in the summer holidays, the attendance was good and a small profit was made. We will continue to develop in this area to make it more financially viable to run them.
In March we held another very successful Fix it day with parents and staff working together to clean and fix up the gardens and do some general maintenance ready for spring in reward for coffee and cake. This went really well and we would like to continue to make this an annual event.
In 2024 we managed to secure a £5,000 grant from the Kent Community Foundation towards the outside play area for the Ladybird room, £2,500 of which went towards a climbing frame and the additional £2,500 went towards a shelter completed in October 2024 with an additional £900 coming from the KCC Ashford collaboration.
At Christmas we managed to raise £90 with the Christmas raffle with some amazing donations from local businesses. We also did a Christmas card fundraiser and continue to encourage parents to join the easy fundraising cashback scheme. Fund raising remains an important asset to the improvement of facilities at Kaleidoscope. Spring funding for two year olds was announced at the rate of £7.55 and £5.15 for three year olds, we will also receive a 30p supplement an hour per child been agreed for Kim as Early Years Teacher. We have agreed to use this money as a budget for the rooms as well as after school club to allow them to purchase resources termly. The remainder of the money will be used to replace any large items and help towards the preschool leavers trip.
The Ladybird room roof and fascia’s were replaced in August 2004 and in July 2025 we will be having some further maintenance work done including handles being raised, shed taken down, rubbish and debris removed from the back of the building, as well as the fascia’s and sign being replaced to the front of the building. This will be reflected in the accounts for 1/8/25 to 31/7/26.
Page 3
KALEIDOSCOPE CHILDCARE
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Financial performance
Fee income showed an increase to £278,379 (2024 - £263,296) and charitable expenditure showed a comparable increase to £272,312 (2024 - £254,663). Donations and grants received amounted to £950 (2024 - £6,750) of which £900 (2024 - £5,000) was restricted. Fundraising income decreased to £1,005 (2024 - £1,361) and the related fundraising expenditure decreased to £145 (2024 - £207). Investment income showed a small decrease to £1,643 (2024 - £1,682).
Overall, the charity achieved a surplus for the year of £9,520 (2024 - £18,219).
At the reporting date, reserves were standing at £114,317 (2024 - £104,797) of which £Nil (2024 - £2,500) is in respect of restricted funds. The trustees aim to hold reserves of at least 3 months expenditure and this is currently being achieved.
July 2024 saw an unrestricted surplus of £15,719 with some of this reserved to pay the balance of the roof repairs (£5,940) for the works in July/August 2024. The restricted surplus of £2,500 not included in the £15,719 was for the shelter in the Ladybird garden due to be commenced in October 2024. This is £832 difference to 2023.
We know that in 2023 there was a profit of £14,887 in contrast to 2022 when we had a loss of £10,314. We also know that food costs are up and staff costs due to numbers being unusually high for the start of the year as well as higher levels of staffing to support children with SEND.
Structure, governance and management
a. Constitution
Kaleidoscope Childcare is a registered charity, number 1171100, and is constituted under a CIO Foundation dated 12 January 2017.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the CIO Foundation.
c. Related party relationships
Some trustees are also employees of the charity. Remuneration received by these individuals are in respect of their employment activities and not their roles as charity trustees. See note 11 for further information.
d. Financial risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Page 4
KALEIDOSCOPE CHILDCARE
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
Final comments from the Chair
I wish to thank all the trustees who have resided on the board of trustees for the past year and all of the staff for their continued hard work and dedication to the children. We are sad to announce that as of July 2025 Janet Wood will be retiring from her role as treasurer and deputy manager, to be replaced by Sarah Ramsden as treasurer and Claire Clark taking over as deputy manager. Joe Hoskins has also stepped down as chair and resided as a trustee until July 2025 to be replaced by Ben Dawson, the headteacher of Aldington Primary school in order for us to continue to build strong partnerships with the school and local community. Thank you to them both for their support and commitment to their roles within the charity.
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the CIO Foundation. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
_________ Benjamin Dawson (Chair of Trustees) Date: 13 November 2025
Page 5
KALEIDOSCOPE CHILDCARE
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2025
Independent examiner's report to the Trustees of Kaleidoscope Childcare ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 July 2025.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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 Reports) 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 concerns 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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Roland Parry FCA
Dated: 3 December 2025
Magee Gammon Chartered Accountants Henwood House Henwood Ashford Kent TN24 8DH
Page 6
KALEIDOSCOPE CHILDCARE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025
| Note Income from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total income Expenditure on: Raising funds Charitable activities 7 Total expenditure Net income Transfers between funds 16 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2025 £ 900 - - - 900 - - - 900 (3,400) (2,500) 2,500 (2,500) - |
Unrestricted funds 2025 £ 50 278,379 1,005 1,643 281,077 145 272,312 272,457 8,620 3,400 12,020 102,297 12,020 114,317 |
Total funds 2025 £ 950 278,379 1,005 1,643 281,977 145 272,312 272,457 9,520 - 9,520 104,797 9,520 114,317 |
Total funds 2024 £ 6,750 263,296 1,361 1,682 |
|---|---|---|---|---|
| 273,089 | ||||
| 207 254,663 |
||||
| 254,870 | ||||
| 18,219 - |
||||
| 18,219 | ||||
| 86,578 18,219 |
||||
| 104,797 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 21 form part of these financial statements.
Page 7
KALEIDOSCOPE CHILDCARE
BALANCE SHEET AS AT 31 JULY 2025
| Note Fixed assets Tangible assets 12 Current assets Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total net assets Charity funds Restricted funds 16 Unrestricted funds 16 Total funds |
6,336 105,652 111,988 (5,651) |
2025 £ 7,980 106,337 114,317 - 114,317 114,317 |
5,234 100,144 105,378 (4,346) |
2024 £ 3,765 101,032 |
|---|---|---|---|---|
| 104,797 | ||||
| 2,500 102,297 |
||||
| 104,797 |
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ Benjamin Dawson (Chair of Trustees) Date: 13 November 2025
The notes on pages 9 to 21 form part of these financial statements.
Page 8
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements 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 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Kaleidoscope Childcare meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 9
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies (continued)
1.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
1.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Fixtures and fittings - 15%
1.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
1.9 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 10
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies (continued)
1.10 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
1.11 Fund accounting
General funds are unrestricted funds which 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.
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 costs 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 financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
2. General information
Kaleidoscope Childcare is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission for England and Wales under number 1171100. The registered office of the company is Roman Road, Aldington, Ashford, Kent, TN25 7EE.
3. Income from donations and legacies
| Grants Grants |
Restricted funds 2025 Unrestricted funds 2025 £ £ 900 50 Restricted funds 2024 Unrestricted funds 2024 £ £ 5,000 1,750 |
Total funds 2025 £ 950 |
|---|---|---|
| Total funds 2024 £ 6,750 |
Page 11
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
4. Income from charitable activities
| Unrestricted funds 2025 £ Education services 278,379 Unrestricted funds 2024 £ Education services 263,296 5. Income from other trading activities Income from fundraising events |
Total funds 2025 £ 278,379 |
|---|---|
| Total funds 2024 £ 263,296 |
|
| Unrestricted funds 2025 £ Fundraising events 1,005 Unrestricted funds 2024 £ Fundraising events 1,361 |
Total funds 2025 £ 1,005 |
|---|---|
| Total funds 2024 £ 1,361 |
Page 12
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
6. Investment income
| Unrestricted funds 2025 £ Interest received 1,643 Unrestricted funds 2024 £ Interest received 1,682 |
Total funds 2025 £ 1,643 |
|---|---|
| Total funds 2024 £ 1,682 |
7. Analysis of expenditure on charitable activities Summary by fund type
| Unrestricted funds 2025 £ Education services 272,312 Unrestricted funds 2024 £ Education services 254,663 |
Total 2025 £ 272,312 |
|---|---|
| Total 2024 £ 254,663 |
Page 13
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
8. Analysis of expenditure by activities
| Education services Education services Analysis of direct costs Staff costs Depreciation Staff training Toys and materials Meals and refreshments Insurance Light and heat Rent Rates and water Maintenance Cleaning Office costs Computer costs Telephone and internet costs Outings and events Registrations and subscriptions Sundry expenses Bank charges |
Activities undertaken directly 2025 £ 271,022 Activities undertaken directly 2024 £ 252,545 |
Support costs 2025 £ 1,290 Support costs 2024 £ 2,118 Total funds 2025 £ 222,086 1,051 608 8,035 8,157 2,581 3,197 1,623 2,206 11,775 2,627 2,316 2,041 761 531 510 793 124 271,022 |
Total funds 2025 £ 272,312 |
|---|---|---|---|
| Total funds 2024 £ 254,663 |
|||
| Total funds 2024 £ 199,309 167 1,086 17,073 8,391 2,212 3,915 1,238 2,075 7,538 4,028 1,227 1,418 823 669 316 959 101 |
|||
| 252,545 |
Page 14
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
8. Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
Analysis of support costs
| Independent Examiner's fees 9. Independent examiner's remuneration Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts |
Total funds 2025 £ 1,290 2025 £ 1,290 |
Total funds 2024 £ 2,118 |
|---|---|---|
| 2024 £ 2,118 |
10. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2025 £ 211,381 7,311 3,394 222,086 |
2024 £ 191,781 4,775 2,753 |
|---|---|---|
| 199,309 |
The average number of persons employed by the Charity during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Staff | 16 | 14 |
No employee received remuneration amounting to more than £60,000 in either year.
Page 15
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
11. Trustees' remuneration and expenses
During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. The value of Trustees' remuneration and other benefits was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Janet Wood | Remuneration | 13,744 | 14,346 |
| Pension contributions paid | 225 | 244 | |
| Karina Sellers | Remuneration | - | 1,219 |
| Pension contributions paid | - | 18 | |
| Kim Olsen | Remuneration | 24,938 | 20,766 |
| Pension contributions paid | 561 | 451 |
During the year ended 31 July 2025, no Trustee expenses have been incurred (2024 - £NIL) .
Page 16
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
| 12. Tangible fixed assets Cost or valuation At 1 August 2024 Additions At 31 July 2025 Depreciation At 1 August 2024 Charge for the year At 31 July 2025 Net book value At 31 July 2025 At 31 July 2024 |
Fixtures and fittings £ 3,932 5,266 |
|---|---|
| 9,198 | |
| 167 1,051 |
|
| 1,218 | |
| 7,980 | |
| 3,765 |
The trustees believe that fixed assets held by the charity at the date of transfer to the CIO would have had a negligible value and have, therefore, not been included above.
13. Debtors
| Due within one year Trade debtors Prepayments and accrued income |
2025 £ 3,471 2,865 6,336 |
2024 £ 2,826 2,408 5,234 |
|---|---|---|
Page 17
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
14. Creditors: Amounts falling due within one year
| Trade creditors Other taxation and social security Other creditors Accruals and deferred income |
2025 £ 1,644 2,262 455 1,290 5,651 |
2024 £ 88 1,839 319 2,100 |
|---|---|---|
| 4,346 |
| 15. | Financial instruments | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Financial assets | |||
| Financial assets measured at fair value through income and expenditure | 105,652 | 100,144 |
Financial assets measured at fair value through income and expenditure comprise cash at hand and in bank.
Page 18
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
16. Statement of funds
Statement of funds - current year
| Balance at 1 August 2024 £ Unrestricted funds General Funds 102,297 Restricted funds KCF - Shelter 2,500 Ashford EY Collaboration - Shelter - 2,500 Total of funds 104,797 Statement of funds - prior year Balance at 1 August 2023 £ Unrestricted funds General Funds 86,578 Restricted funds KCF - Climbing Frame - KCF - Shelter - - Total of funds 86,578 |
Income £ 281,077 - 900 900 281,977 Income £ 268,089 2,500 2,500 5,000 273,089 |
Expenditure £ (272,457) - - - (272,457) Expenditure £ (254,870) - - - (254,870) |
Transfers in/out £ Balance at 31 July 2025 £ 3,400 114,317 (2,500) - (900) - (3,400) - - 114,317 Transfers in/out £ Balance at 31 July 2024 £ 2,500 102,297 (2,500) - - 2,500 (2,500) 2,500 - 104,797 |
Transfers in/out £ Balance at 31 July 2025 £ 3,400 114,317 (2,500) - (900) - (3,400) - - 114,317 Transfers in/out £ Balance at 31 July 2024 £ 2,500 102,297 (2,500) - - 2,500 (2,500) 2,500 - 104,797 |
|---|---|---|---|---|
| - - |
||||
| - | ||||
| 114,317 | ||||
| Balance at 31 July 2024 £ 102,297 |
||||
| Unrestricted funds General Funds Restricted funds KCF - Climbing Frame KCF - Shelter Total of funds |
||||
| - 2,500 |
||||
| 2,500 | ||||
| 104,797 |
Page 19
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
17. Summary of funds
Summary of funds - current year
| Balance at 1 August 2024 £ General funds 102,297 Restricted funds 2,500 104,797 Summary of funds - prior year Balance at 1 August 2023 £ General funds 86,578 Restricted funds - 86,578 |
Income £ 281,077 900 281,977 Income £ 268,089 5,000 273,089 |
Expenditure £ (272,457) - (272,457) Expenditure £ (254,870) - (254,870) |
Transfers in/out £ Balance at 31 July 2025 £ 3,400 114,317 (3,400) - - 114,317 Transfers in/out £ Balance at 31 July 2024 £ 2,500 102,297 (2,500) 2,500 - 104,797 |
Transfers in/out £ Balance at 31 July 2025 £ 3,400 114,317 (3,400) - - 114,317 Transfers in/out £ Balance at 31 July 2024 £ 2,500 102,297 (2,500) 2,500 - 104,797 |
|---|---|---|---|---|
| 114,317 | ||||
| Balance at 31 July 2024 £ 102,297 2,500 |
||||
| Summary of funds - prior year | ||||
| General funds Restricted funds |
||||
| 104,797 |
18. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Tangible fixed assets 7,980 Current assets 111,988 Creditors due within one year (5,651) Total 114,317 |
Total funds 2025 £ 7,980 111,988 (5,651) |
|---|---|
| 114,317 |
Page 20
KALEIDOSCOPE CHILDCARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
18. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2024 £ - 2,500 - 2,500 |
Unrestricted funds 2024 £ 3,765 102,878 (4,346) 102,297 |
Total funds 2024 £ 3,765 105,378 (4,346) 104,797 |
|---|---|---|---|
19. Restricted funds
KCF - Climbing Frame
A grant was received from Kent Community Foundation (KCF) towards the purchase of a climbing frame. This was fully expended during the year and the cost of the fixed asset was transferred to general funds
KCF - Shelter
A grant was received from Kent Community Foundation (KCF) towards the purchase of a shelter.
Ashford EY Collaboration - Shelter
A grant was received from Ashford EY Collaboration towards the purchase of a shelter.
20. Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,394 (2024 - £2,753). Contributions totalling £Nil (2024 - £Nil) were payable to the fund at the balance sheet date.
21. Related party transactions
The Chair, Mr Benjamin Dawson, is also the headteacher of Aldington Primary School. The charity's facilities are located within the grounds of the school. Utilities, including energy and water, are provided by the school and totalled £3,931 (2024 - £4,593). The school also provides meals which totalled £4,751 (2024 - £4,801).
Except for the above and the remuneration paid to trustees by virtue of their employment as disclosed in note 11, the Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 July 2025 (2024 - £Nil).
Page 21