Beckermet Nursery Charitable Incorporated Organisation (CIO)
Trustees' report and financial statements
for the year ended 31 August 2025
Charity number: 1183968
robinson+co
Chartered Accountants
Gosforth
Beckermet Nursery
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Cash flow statement | 8 |
| Notes to the financial statements | 9 - 15 |
Beckermet Nursery
Legal and administrative information
| Charity number | 1183968 | |
|---|---|---|
| Business address | Mill Lane | |
| Beckermet | ||
| CA21 2YD | ||
| Trustees | T Ripper | |
| P Gallagher | ||
| A Williamson | Resigned 10th June 2025 | |
| A Shepherd | Appointed 10th June 2025 | |
| Accountants | robinson+co | |
| The Old Forge | ||
| Beck Place | ||
| Gosforth | ||
| CA20 1AT | ||
| Bankers | The Co-operative Bank Plc | |
| PO Box 250 | ||
| Skelmersdale | ||
| WN8 6WT |
Page 1
Beckermet Nursery
Report of the trustees
for the year ended 31 August 2025
The trustees present their report and the financial statements for the year ended 31 August 2025. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Governing document
Beckermet Nursery was registered as a Charitable Incorporated Organisation (CIO), registered charity number 1183968, on 19 June 2019. The assets, liabilities and undertakings of the unincorporated charity Beckermet Nursery (charity number 1035748) were transferred to the CIO on 28 February 2023, with the CIO becoming operational from 1 March 2023.
Day to day management
The Nursery is managed by Miss Abigail Shepherd
Trustees
The aim is to maintain a trustee board with a range of skills which will be useful to the organisation. New trustees are taken through an induction procedure.
Key management personnel remuneration
The Trustees consider the Board of Trustees and the Nursery Manager as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. Trustees give of their time freely and no trustee remuneration was paid for their role as a trustee. The pay of the charity's senior staff is reviewed annually and assessed to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.
Objectives and activities
The Charitable Objects are :
To ensure the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
Charitable Activities are:
To provide affordable wraparound childcare incorporating age range up to 17 years in the local community.
Public Benefit
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
Achievements and performance
The nursery continue to provide outstanding care and education for children that is accessed by families in the local community and beyond; many parents working at Sellafield nuclear site use the setting for childcare. The nursery has also maintained its staffing levels.
During the year the nursery completed the refitting of the quiet room.
Financial review
At the balance sheet date the CIO held £354,389 (2024 - £280,360) on unrestricted funds and £nil (2024 - £nil) on restricted funds, a satisfactory position.
Page 2
Beckermet Nursery
Report of the trustees for the year ended 31 August 2025
Reserves
Beckermet Nursery Management Committee seeks to hold a minimum of 3 months' operating costs in reserves as part of their contingency planning process. At the date of this report this reserve fund was complete and stood at £50,000.
Risk management
The trustees have assessed the major strategic, business and operational risks to which the organisation is exposed. They are satisfied that the systems are in place to mitigate the exposure to these risks.
Plans for future periods
The Nursery is intending to continue with the contingency plan of increasing the balance in the reserve bank account up to the equivalent value of six months running costs and redundancies in the event of the closure of the Nursery.
The Nursery also plans on upgradig the garden area. The work is estimated to be completed by the end of 2026.
The Nursery is waiting for Ofsted clearance to appoint a new trustee. The process should be completed by 31 August 2026.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which 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 1993 and the Charity (Accounts and Reports) Regulations 2008. 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.
Page 3
Beckermet Nursery
Report of the trustees for the year ended 31 August 2025
On behalf of the board
P Gallagher Trustee
A Shepherd Trustee
Page 4
Beckermet Nursery
Independent examiner's report to the trustees on the unaudited financial statements of Beckermet Nursery.
I report on the accounts of Beckermet Nursery for the year ended 31 August 2025 set out on pages 6 to 15.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep proper accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
Jason Spires FCA DChA
Independent examiner
robinson+co, Chartered Accountants
The Old Forge Beck Place Gosforth CA20 1AT
Page 5
Beckermet Nursery
Statement of financial activities
For the year ended 31 August 2025
| Unrestricted funds Notes £ Incoming resources Incoming resources from generating funds: Voluntary income 2 139 Investment income 3 4,202 Incoming resources from charitable activities 4 437,210 Total incoming resources 441,551 Resources expended Charitable activities 5 367,522 Total resources expended 367,522 Net income/(expenditure) for the year 74,029 Total funds brought forward 280,360 Total funds carried forward 354,389 |
2025 Total £ 139 4,202 437,210 441,551 367,522 367,522 74,029 280,360 354,389 |
2024 Total £ 1,009 3,881 271,364 276,254 290,757 290,757 ) (14,503 294,863 280,360 |
|---|---|---|
The statement of financial activities includes all gains and losses in the year.
All of the above amounts relate to continuing activities.
The notes on pages 9 to 15 form an integral part of these financial statements.
Page 6
Beckermet Nursery
Balance sheet as at 31 August 2025
| Notes Fixed assets Tangible assets 10 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Net assets Funds 12 Unrestricted income funds Total funds |
2025 £ £ 78,226 278,278 278,278 ) (2,115 276,163 354,389 354,389 354,389 |
2024 £ £ 81,662 199,420 199,420 ) (722 198,698 280,360 280,360 280,360 |
2024 £ £ 81,662 199,420 199,420 ) (722 198,698 280,360 280,360 280,360 |
|---|---|---|---|
| 280,360 | |||
| 280,360 | |||
| 280,360 |
The financial statements were approved by the trustees on and signed on its behalf by
P Gallagher A Shepherd Trustee Trustee
The notes on pages 9 to 15 form an integral part of these financial statements.
Page 7
Beckermet Nursery
Cash flow statement
for the year ended 31 August 2025
| Notes Net cash provided by/(used by) operating activities 14 Cash flows from investing activities Interest and dividends Purchase of tangible fixed assets Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward |
2025 £ 75,537 4,202 ) (881 3,321 78,858 199,420 278,278 |
2024 £ ) (14,107 3,881 ) (3,953 ) (72 ) (14,179 213,599 199,420 |
|---|---|---|
The notes on pages 9 to 15 form an integral part of these financial statements.
Page 8
Beckermet Nursery
Notes to financial statements
for the year ended 31 August 2025
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
1.2. Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
1.4. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
- Land and buildings Straight line over 50 years - Fixtures, fittings and equipment 25% straight line
Page 9
Beckermet Nursery
Notes to financial statements for the year ended 31 August 2025
1.5. Defined contribution pension schemes
The pension costs charged in the financial statements represent the contribution payable by the charity during the year.
2. Voluntary income
| 2. Voluntary income |
||
|---|---|---|
| Unrestricted funds £ Donations 139 139 3. Investment income Unrestricted funds £ Bank interest receivable 4,202 4,202 4. Incoming resources from charitable activities Unrestricted funds £ Nursery income 211,256 Grants 225,815 Commission 139 437,210 5. Costs of charitable activities - by fund type Unrestricted funds £ Nursery provision 367,522 367,522 |
2025 Total £ 139 139 2025 Total £ 4,202 4,202 2025 Total £ 211,256 225,815 139 437,210 2025 Total £ 367,522 367,522 |
2024 Total £ 1,009 |
| 1,009 | ||
| 2024 Total £ 3,881 |
||
| 3,881 | ||
| 2024 Total £ 200,374 70,919 71 |
||
| 271,364 | ||
| 2024 Total £ 290,757 |
||
| 290,757 |
Page 10
Beckermet Nursery
Notes to financial statements for the year ended 31 August 2025
6. Costs of charitable activities - by activity
| Costs of charitable activities - by activity | |||
|---|---|---|---|
| Activities undertaken directly £ Nursery provision 352,511 352,511 |
Support costs £ 15,011 15,011 |
2025 Total £ 367,522 367,522 |
2024 Total £ 290,757 |
| 290,757 |
7. Analysis of support costs
| Nursery | 2025 | 2024 | |
|---|---|---|---|
| Provision | Total | Total | |
| £ | £ | £ | |
| Accountancy charges | 2,280 | 2,280 | 2,010 |
| Other professional fees | 12,731 | 12,731 | 2,544 |
| 15,011 | 15,011 | 4,554 |
Page 11
Beckermet Nursery
Notes to financial statements for the year ended 31 August 2025
8. Employees
| Employment costs Wages and salaries Social security costs Pension costs Other costs |
2025 £ 280,769 14,233 4,843 1,522 301,367 |
2024 £ 218,855 9,203 3,775 432 |
|---|---|---|
| 232,265 |
No employee received emoluments of more than £60,000 (2024 : None).
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
| 2025 | 2024 |
|---|---|
| Number | Number |
| 14 | 13 |
Two trustees received remuneration totalling £48,043 under employment contracts in respect of their roles as nursery employees. A contribution of £914 was also made to a defined contribution pension scheme.
No trustee received any remuneration in respect of their services as a trustee of the charity.
9. Pension costs
The company operates a defined contribution pension scheme. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and was as follows:
| follows: | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Pension charge | 4,843 | 3,775 |
Contributions amounting to £2,115 (2024 : £722) were outstanding at the year end are included within other creditors.
Page 12
Beckermet Nursery
Notes to financial statements
for the year ended 31 August 2025
| 10. Tangible fixed assets Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for the year At 31 August 2025 Net book values At 31 August 2025 At 31 August 2024 11. Creditors: amounts falling due within one year Other creditors |
Land and Fixtures, buildings fittings and freehold equipment £ £ 88,260 29,149 - 881 88,260 30,030 11,502 24,245 1,765 2,552 13,267 26,797 74,993 3,233 76,758 4,904 2025 £ 2,115 |
Total £ 117,409 881 |
|---|---|---|
| 118,290 | ||
| 35,747 4,317 |
||
| 40,064 | ||
| 78,226 | ||
| 81,662 | ||
| 2024 £ 722 |
Page 13
Beckermet Nursery
Notes to financial statements for the year ended 31 August 2025
12. Analysis of net assets between funds
| Fund balances at 31 August 2025 as represented by: Tangible fixed assets Current assets Current liabilities Fund balances at 31 August 2024 as represented by: Tangible fixed assets Current assets Current liabilities 13. Unrestricted funds At 1 September 2024 £ General funds 280,360 At 1 September 2023 £ General funds 294,863 |
Incoming resources £ 441,551 Incoming resources £ 276,254 |
Unrestricted Total funds funds £ £ 78,226 78,226 278,278 278,278 ) (2,115 ) (2,115 354,389 354,389 Unrestricted Total funds funds £ £ 81,662 81,662 199,420 199,420 ) (722 ) (722 280,360 280,360 At Outgoing 31 August resources 2025 £ £ ) (367,522 354,389 At Outgoing 31 August resources 2024 £ £ ) (290,757 280,360 |
|---|---|---|
Purposes of unrestricted funds
The chariy's unrestricted funds can be used with the approval of the board of trustees to fund any expenditure which falls within the charity's general aims and objectives.
Page 14
Beckermet Nursery
Notes to financial statements for the year ended 31 August 2025
14. Reconciliation of net movement in funds to net cash flow from operating activities
| Net movement in funds Deduct interest and dividend income shown in investing activities Add back depreciation (Decrease)/increase in creditors Net cash provided by/(used by) operating activities |
2025 £ 74,029 ) (4,202 4,317 1,393 75,537 |
2024 £ ) (14,503 ) (3,881 4,271 6 ) (14,107 |
|---|---|---|
- Analysis of changes in net funds
| Cash at bank and in hand Net funds |
Opening balance £ 199,420 199,420 |
Cash flows £ 78,858 78,858 |
Closing balance £ 278,278 |
|---|---|---|---|
| 278,278 |
Page 15
Beckermet Nursery
The following pages do not form part of the statutory accounts.
Beckermet Nursery
Detailed statement of financial activities
For the year ended 31 August 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Incoming resources | ||||
| Incoming from generating funds: | ||||
| Donations | 139 | 1,009 | ||
| 139 | 1,009 | |||
| Investment income | ||||
| Bank interest receivable | 4,202 | 3,881 | ||
| 4,202 | 3,881 | |||
| Total incoming resources from generating funds | 4,341 | 4,890 | ||
| Incoming resources from charitable activities | ||||
| Nursery income | 211,256 | 200,374 | ||
| Grants | 225,815 | 70,919 | ||
| Commission | 139 | 71 | ||
| 437,210 | 271,364 | |||
| Total incoming resources | 441,551 | 276,254 |
Page 17
Beckermet Nursery
Detailed statement of financial activities
For the year ended 31 August 2025
| Charitable activities Nursery provision Activities undertaken directly Purchases Wages & salaries Employer's NIC Pension costs Staff training Rent Rates & water Light & heat Repairs and maintenance Insurance Telephone Postage and stationery Sundries Depreciation & impairment Other expenses Support costs Accountancy Other professional fees Nursery provision total expenditure Total charitable activity expenditure Net incoming/(outgoing) resources for the year |
2025 £ 12,959 280,769 14,233 4,843 1,522 50 1,921 4,802 20,178 2,947 1,171 769 2,031 4,317 ) (1 352,511 2,280 12,731 15,011 367,522 367,522 74,029 |
2024 £ 8,661 218,855 9,203 3,775 432 50 1,523 3,490 29,845 3,221 528 892 1,458 4,271 ) (1 286,203 2,010 2,544 4,554 290,757 290,757 ) (14,503 |
|---|---|---|
Page 18