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ST PAUL'S CHILDCARE
UNAUDITED REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Charity Registratlon No. 1175452

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ST PAUL'S CHILDCARE
UNAUDITED REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
coKrEKrs
Page
Trustees. Annual Report
Statement of Trustees responsibilities
&9
Inde￿ndent Examinerfs Report
10
Statement of Financial Activrties
11
Balan￿ Sheet
12-15
Notes on Accounts

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St Paul's Childcare
Trustees Annual Report
for the year ended 31 December 2024
Objectives and Activities
The objective of St Paul's Childcare (a Charitable Incorporat￿ Organisation number
1175452) is the advan￿rnent of the development and education of children and
young people in accordance with Christian principles and Practice in such a way as
the charity trustees think fft. The CharÈty meets the requirements of the Public Benefit
provisions of the Chariiies Act 2011.
To facilitate this St Paul's Childcare is responsible for overseeing an Early Bird Club
a Nurs8ry and an After School Club, which are registered Mfjth Ofsted (Number
2509646) and has a current grading of Go(MJ. St Paul's Childcare paid rent to the
PCC of Tupsley. SL Paul's Church for the hire of its facilities in order to achieve its
aims.
Achievements and Perforniance
St Paul's Childcare CIO began operating on 1st April 2019 and this report covers the
year to 31st December 2024. Prior to that date the Childcare operated within the
structure of the PCC of St Paul's (charsty number 1134258).
Plans for futu
The trustees are committed to ensure that there is continual improvement of the
childore setting both in teryns of the infrastructure and in temis of the continued
development of the skills and training of its employees.
Financlal Review
The year to 31st December 2024 showed a sutplus of £32,213 (2023 surplus of
£39,054). The unrestricted reserves of the Charity were £171,213 (2023 £139,000)
at the year end. Cash reserves stood at £163,035 (2023 £130,527) at the year end.
The free reserrfes of the Charity at year end were £164,874 (2023 £134.032}.
In common with other Childcare settings, Covid has had a s@nrficant effect on the
charitys operations for several years. sin￿ Covid restrictions have been removed.
St Paul's Childcare income has now exceeded the p￿ Covid period. The trustees
continue to keep a tight control over the charity's costs and have kept the number of
employees to at least the minimum level to ensure the correct ratios of employees to
children in the setting. The trustees are also committed to ensuring that eMploy￿S
continue to ￿ up to date with best practi￿ and there has and will be additional
investment in employee training and devek)pmenL
The trustees are also mindful of the possible implications of the recent change of
govemment. A number of their policies cou5d have a Signifi￿nt impact on the setting.

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St Paul's Childcare
Trustees Annual Report
for the year ended 31 December 2024 (cont.)
Reserves policy
It is the policy of St Paul's Childcare to hold in reserve the equivalent of 3 months
Tunning c¢)sts. including staff wages and rent. Tr trUSt￿S calculate this to be in the
region of £96.000 at the year end. As at the balan￿ sheet date the charity has
reserves of approximately £75,0(X) in eX￿sS of this level. The trustees are happy at
this stage to have resetves in eX￿S of this Sevel as they are Con￿rned about the
level of inflation and increasing Living Wage levels also the Un￿rtaInty of
govemment plans re provisron of wrap around care within schools This wage and
cost inflation is expected to increase the costs that affect the charity in future years.
The majority of the charities income (x)mes indirectty from the govemment and as
such is dependent of govemment poliw.
Structure, governance and management
The method of the appointment of trustees is set out in the Constitution. They are
responsib￿ for making decisions on all matters of general cOn￿M and importan
to the organisation induding deciding on how the funds are to be spent.
Recruitment and Appointment of Trustees
Trustees are recruited as per the ￿nstItutIon either from members of St Paul's
Church with appropriate skills who are nominated by their PCC, or because the
trustee has specialist skills that are of value to the operation of the childcare setting.
One of the trustees is also the current manager of the setting and is paid a salary on
normal commercial tetms. New trustees go through an induction prO￿sS vthich is
detemined by the incumbent trustees. to familiarise theM￿1ve$ with the ethics and
organisation of the setting.
Reference and administratlvo information
Registsred Charity nama St Paul's Childcare
Registsred Charity number 1175452
R•gistsredlPrincipal office do St Paul's Church, Communty Centre, Church
Road, Tupsley, Hereford. HR11 RT
Goveming document Cl(> FouThlalion Registered 30 Oct 2017 (England and
Wales)

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St Paul's Childcare
Trustees Annual Report
for the year ended 31 December 2024 (cont.)
Trugt¢e8 for the year 2024:
Rev. Preb. N P A￿nStrOng (Resigned 21st July 2024)
Rev. A J Dodwell (Appointed 3 April 2025)
Mrs C Evans
Mrs C Rushton ( Resigned 19th November 2024)
Mrs R Burrow
Mrs D J Hartland (resigned 3rd April 2025)
Mrs S. Lambert (Appointed 18th March 2024 Resigned
4th February2025)
Mrs H J Wheadon-Grifffths
Mrs A Gibbons (cMpted) (Appointed 30 September 2024)
Mrs Angela Daniel (Appointed 3 April 2025)
Mrs Julie Hancod( (Appointed 22 May 2025)
Bankers
Lloyds TSB Bank plc
8 High Town
Hereford HR12AE
Independent examlners
Hazlewoods LLP
Windsor House
Bayshill Road
Cheltenham
GL50 3AT
Risk Management
The Trustees continue to monitor the major risks which the charity fa￿ and has
established systems to redu￿ those risks. Risks are reviewed at least annually. The
main risks include the tr￿alth and safety of clients and employees alongside the
firk9ncial viabilty of the organisation.
Fund raising
The charity normally undertakes several fund-raising activities during the year
including cakes sales, sponsored walks and Christmas fares. The amount of money
raised is immaterial in comparison with that generated provKling childcare. All
monies raised are used to provide additional items for the benefit of the children in
the setting. During the year £303 was raised from fundraising activtties (2023
£1,864).

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St Paul's Childcare
Trustees Annual Report
for the year ended 31 December 2024 (conL)
Indepandent Examiners
Hazelwood's have agreed to offer themselves for re-appointment as independent
examiners of the charity.
On behalf of the board of Trustees
Mrs C Evans - Chair
Date .
i D...ioI5

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St Paul's Childcare
Trustees Annual Report
for the year ended 31 December 2024 (cont.)
Statsment of Trustees. Responslbilities
The trustees are responsible for preparirvj The Trustees. Annual Report and the financial
statements in accordance with applicable law and Untted Kingdom Accounting Standards
(United Kingdom Generally Accepted A¢￿untilvj Practice). FRS102 and the Charities
SORP (FRS 102).
The law applicable to ¢haritses in England arKI Wales requires the trustees to prepa
financial ststemerts for each financial year which grve a true and fair view of the state of
affairs of the charty and of its incoming resources and application of resources of the charity
for that period.
In preparing these financial statements. the trustees are required to:
select suitable accounting wlicies and then apply them consistently"
observe the methods and winciples in the Charttps SORP (FRS 102) -second
edition October 2019..
make judgements and 8stimates that are reaSona￿e and prudent;
state whether applicable accountir@ starKlards have been foll¢)wed, subject to any
material departures disclosed and explained in the financial statements,
prepare the financial statements on the going c(xKem basis unless it is inappropriate
to presume that the charity wll Contin￿ in a business.
Tha trustees are responsible for keeping Fxoper acrountirvJ records that disclose with
reasonable ac¢ura¢y at any time the financial position of the ¢harity and enable them to
ensure that the financial statements comply with the CharitEs Act 2011 and the Chanty
(Accounts and Reports) Regulations 2CQ8. They are also responsible for safeguarding the
assets of the charity and hen￿ for taking reasonable steps for the Fxeverrtion and detection
of fraud and other irregularities.
On behalf of the Trustees
6 knJ(J-¥K
Mrs C Evans. Chair of ttustees.
10. £oig

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St Paul's Chlldcar•
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE PERIOD ENDED 31 DECEMBER 2024
I report to the trustees (m my examination of the accounts of the St Paul's Childcare for the
period end8d 31 D￿rnter 2024.
Responsibilities and basis of report
As the chartty trust￿, you are responsible for the preparation of the accounts in
accordan￿ with the requirements of the Chartlies A(* 2011 ('the Act,).
I report in resrect of my examination of the charrils accounts carried out under section 145
of the 2011 Acl and in carrwng out my examination I have followed all th8 applicable
Directions given by the Chanty Commission under 145(5) (b) of the Act.
Independent examiners statsment
I have completed my examination. l Confirm that no material matters have come to my
attention in connection with the examination giwng me cause to t￿lieVe that in any material
respect:
1.Accounting records V•Ere not kept in rest*ct of the Charity as required by section 130
of the Act . or
2.the accounts do not ac¢ord *ith those records". or
3.the accounts do not comply with the applicab￿ requirements conceming the fonn and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a Irue and fair view which is not a
matter considered as part of an independent examination.

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St Paul's Childcare
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE PERIOD ENDED 31 DECEMBER 2024 (CONT.)
I have no ¢oncems and have ¢ome 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
Martin Hovtsrd
For and on behalf of Hazlewoods LLP, Statutory Auditor
Windsor House
Bayshill Road
Cheltenham
GL50 3AT
2111012025
Dale..

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St Paufs Chlldcare
Statement of Financial Actlvities
{Including Income and Expenditurn kcount)
For the year ended 31 D•cember 2024
Unf6StriGt•d
Fund
Total
Funds
2024
Total
Funds
2023
Income from charitsble a¢aivlbes
Childcare InC￿e
Other Ir¢come
413,928
3.209
413,928
3,209
)8.628
3,929
T¢)tal income
417.137
417,137
372.5S7
Expendrturo
Expgnditure on charilth ¥ti
384.924
384,924
333.503
Total expenditu
384.924
384,924
333,503
Nel income and net mi>vement
in furK15 for the year
32,213
32.213
39.054
Rttonciliation of funds
Total funds brijught forward
139.¢
139,LKIO
99.946
Total funds ¢xried forward
171213
171213
139000
All actNitles are classed as continuing
The notes on pages 12 to 15 fomi part of the xcounts
io

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St Pa￿.$ Chlldear•
B•lan¢e Sheet
At 31 Dec￿nbOr 2024
2024
Frxed Assets
Tanu•￿e Assets
6.339
4,968
Cash at bank aThJ in haTrJ
Debtors
163.035
130,527
7.242
137,769
I￿,074
atrA'lihe5
Cr&Jitor5 falling due vthin ￿ year
io
11.2(Q)
13,73n
Net ￿rrent assets
164.874
134.032
Totsl essets legs e)J￿ent batilTbe8
171213
139.(MJO
The futyjs Oltr￿ I￿￿7ty
Unrestricted f￿d$
12
171.213
171213
139.(
139,000
The notes on pw 11 to 14 fom partofthese ￿￿jnIS
The a￿A￿ntS on pages 9 to 14 we approvèa by the ￿?￿￿1vd bc¥ty and 8uth0ri8ed for issue on
and a￿ $igned on th￿r tehaf
e"rL(
Mrs C Evan$ ICh•r)
li

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St Pauf• ChlldG•rn
140tss on th• *ccourfs
Forthe ￿•r ended 31 O•c•mbor 2024
1 Accountlng poll¢le8
Tl* prinopal accountwu pokns adopted. judgements and k8y 8ourrM ofestmation lun¢ertainty
in the preparation of the finanrial ststemeftt5 are as tdbx8.'
al Basis of preparat
St Paul's Chikjcare a Charitable Inrnrporated o￿aniSab"On ICIOI register￿j in EnglaThJ and Wales.
The financial statements have teen prepared in a¢¢orYJance v*ilh the AcoJJntt"ng and Reporting
by ch8ritEs.' Statement ol Recomrnended Pra¢*ce applw2bk to charTbes preparing their acLounts
in a￿or￿an￿ wth the Financial Reporbry StsThJard applKabbe in the VK and Republ￿ of IreL8TrJ
IFRS 1021, th• CharitEsAca 2011 and the UK G8neraltyAy)bJ A￿unting pra￿1￿.
St Paufs Chikjcare meets thè definitwjn of a wt* t*nefitentity uTrJer FRS 102. Assets
and liabilities ar8 in￿alty rerA)gnised at historical L￿1 or tran8wXK)n value un*ss olheTh
Stated ￿ the relevant 8co)unt¥ng poIKy not8(sl.
bl Preparation olaecounfs on a goiry corttrn basis.
The trustees COn￿der the fvThJs aVaila￿e enab￿ th8 charrty to operate for mor• than ￿ y
ond on that basis the ehafity IJ a goiTrJ ¢>Jncem. Cash reswves have contmued to Thpro¥e durtng 2024
and into 2025.
Number5 of chiklren attendin9 *)creased in 20r3 and numbers are strong forthe new
ierrn ￿ September 2025.
cl Inct)me
Inwme 18 recc9ni*J when the char6ty has •n11kn￿t to ttE any perfomiantè
attathed to the itemlsl of incJ)me have been meL it probat4ethatlh¢ int>)me *ill be r￿1v￿￿ and
the amount can be measured relk8bty.
dl Fund ar£ountir¥J
Un￿Stricted fund5 are avail8bK8 to yr¥l on 8thitEs that lurthtr any ofthe purposes of the
tharity. Dèsignatsd fijnds are unrestrirled fvThJs Of￿ tharitywhi¢h the trustees have dec4ded
at their discfet*)n to set asKJe frir a 5P8ufic purF￿ge. Restricted fvThls are donations whith the
donor has specified are to te used sc*ty for partkwlar ar￿$ of the or for parti￿19r
arI1v￿"t$ carriad by ts tharrty.
Endo￿nt fvnds are not availab￿ kr SFendff¥ on day to day athitss tNJt inC•)m• ￿￿rated
foms part ol unrestitled inccffje.
el Expenditure arKI irreco¥erable VAT
Expenditure is recwnL8&J OTh￿ there i8 8 *al or wistructr (￿*jab0n to make a payment to a
third paty. rt 1$ probabkn that 8elllam8ntwll rgwirwJ and the amourrt of the oblbjation can ke
mèasured reliakAy.
n Alkjxlksn ofsupport eosts
Support costs are Ihtrse fun¢tions that assk%t th8wowk ofth8 thaiity bui th) not direc* unilertake
tharitable a¢tNrbes. Support costs Ind￿ badt Off￿ g)¥ts. fawrKe. persomd aThJ goveman
costs $upport the charitls acbvibes.
12

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St Pauf$ Chldcar•
Notes on th• •¢couTrts
Forth• ended 31 De¢emhr 2024
gl Tangible fixed assets
Depreaation is prov¥Jed at th? fOlY￿ annual rates in ortsrtOV*Tile off eath asset over 619
estnnated usefvl lrfe.
Pknt and otl*r is dBwvoiat8d frryn ts ￿al of pwcknas•- 33.33% Straight li￿.
h) Cash ai ba￿{ and In ha*NI
Cash at bank arld ￿ hand indudes cash and St￿ twm hi3hty IN4uiJ wi¥estm8nts wrfh a short
maturity olthree rnont￿ or les¥ from ts date of acguisthn or ¢)penvvJ ofthe ¢*posrt' ¢y $Thlar
acu)unt.
il Creditors and p￿￿Sk]n$
Cr•Yitors and prow*ons arE recojnised where the ehanty has a prg8ent obl￿)atiCfi res￿￿"n9 freffi
past event that wll probabty wvlt in the tson5ferof frjnds to a third party and tr* amount due to
settle the oblvJation te meastsr*J or estwnated relkqbty. C￿rt￿$ and prov￿OnS are nomialty
recognised at s•tt18m8nt amount after a1rffl￿g fv)r any disownts due.
2 Lggal tytotu8 of the charity
The Charity i8 a Chantablè Incorporaw (>gani5at#)n (Cio) wk8t•r•d on 30 O¢X 2017.
The Charty started tradirvJ on 1 Awl 2019.
13

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Sl huf• Chldcar•
Notes on the a¢eounts
For th• y•ar•nd8d 31 Deumbgr2024
2024
2023
3 Analysls of othér In¢ome
Fundraisrvj
Bank interest
303
2.065
3.929
3.209
4 Analyslj of expendlbJY• ¢)n eh*ritalth a¢ll¥lOes
ChildCa￿ staff cttsts
Rent
Utilty exwse8
Nursery expenses
Support Costs (Nots 51
313.475
30.759
4,377
10,976
25.337
384,924
6.007
11.138
20,129
333,503
S Support eo•ts
IT and ￿tsite c03ts
Licen￿$ and insuran
Office administrth.on
IndeFendent examinati
Depreriation
Train￿9 ¢0s1s
4,933
3,333
1.227
8.485
2,178
11.239
1.2LX)
4,411
2,422
20,129
25.337
6 Trnste￿ rEmunefation and experAes
During the year one of trust￿. Mrs WhèadofyGriffiths wa8 ern￿0>￿1 by the d￿rty.
Mr3 WheadonQriffiths was emploitd as the seth'rvj manager and received remuneration of£38,301
for 202412023 of £33.3741.
During the year one tnJ$tee. Mrs Whea￿￿1r￿S reoNtiJ remL￿15M8nt ofgw¥es totalkng £3.429
12023 £2.8471. All Ihese ￿*￿t￿ar￿ exFerAts to expeTrJtyre forthe 801e benefit and use of
St Paufs Chikleare.
2024
2023
7 Staff ¢￿ts
Gross wag8S
Ernpl0￿3 National IrWran￿ Costs
Employers o)ntribub"on$ to a defined c•ntributbJn penSh￿
Employer5 rnedical
293,531
14,338
4.675
931
313.475
257.432
5.173
286.665
Staff number¥
2024
2023
Nur¥gry, breakfast dub and after xhool
Man•Jernent arnj administrabon
15
15
18
18
No empwes y￿e paid ¢)w Èe4J,ci)O in the ojrrentyear or previous year.
There were no redund8rK#e8 during the year12023 Nill.
14

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St Pauf• Chudu
Not￿ ¢Jn the accounts
For the year •fid•d 31 L*•mbgr 2024
8 Tangible fix•d ￿￿ets
Plant & Other
Equlprnent
Cost
Bought fornvard
Addith)ns
Carried forM*rd
7,452
5,782
13,234
Depre¢la￿on
Bought forward
Charge fr)r the >t
Carried 10Th￿r{l
2,484
4.411
6,895
Net Book Vah* 31 ljec 23
Net Book Va￿e 31 ￿ 24
4,9
6.339
2024
2023
g Dobtors
Trade debtors
3.039
7.242
2024
2023
10 ¢￿dItors.. Im4wnls falllry dug In one >*ar
Accruals
Fees in advan
1.2CKI
2,178
1.559
3.737
1.200
11 R•lat•d Party Transa¢1141
Rèv. knstrong, Mr¥ Harfand and Mrs Burrcw arè al#0 trustees of St Paufs Churth PCC
Tupsley. During the ￿ar St Paul'5 Chtldcare pa*J rent to Ihe PCC of £30.75912022 £29,564) aThJ utlffje• of
£4.37712023 £ 6.0071.
At the year end the tharity owwJ St Paufs PCC tNI {2022 £NII in regiA* of rent and ub"ltss.
12 Unrestrlcted lunds
8alane•
1 January
2022
In¢orn•
Expend￿￿
Balance
31 Decemb•r
2023
G8n•ral fuTr
139.COJ
417 137
384.924
171.213
13 Anatysls of n•t ass•ts ty•tw￿n fundB
Totsl
lund
TangitAe fixed a55ets
Fi%ad asset investments
Nèt ojrrent assets
6.339
6,339
164,874
171213
164.874
171,213
14 P￿t balanu Shmt Ewnts
Thoro wore no svJnfficant post babn¢* e￿nt*
15