Charity registratlon nurnbeT 1184254 (England and Wales) PURPLE HOUSE NURSERIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
PURPLE HOUSE NURSERIES LEGAL AND ADMINISTRATIVE INFORMATION Trustees M5 L M Hilder P Liddle S Wake M5 L Hunt Charlty number (England and Vlal8$ 1184254 Principal addr8s8 185 Preston Road Hull East Yorkshire England HU9 5UY Independent oxoffllner Faw18y Jud99 & Easton Charterecl Certified Accountsnts 1 Parli3ment street Hull East Yorkshi HU12AS
PURPLE HOUSE NURSERIES CONTENTS Page Trustees, report Independent exaTHine¢s reF(Jrt statement of financial activities Balance sh8et Notes to the financ4al statsments 6-11
PURPLE HOUSE NURSERIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees pSent their annual report and financial statsments for the year ended 31 March 2025. Th8 fin8n¢i81 statements hav8 been prepared in accordan with the accounting policfts $8t out in nok 1 to the finaricial statements comply with the charity'5 governing do¢urnent. the Charities Act 2011. FRS 102 Tha Financial Reporting Standaid applicab in the UK and Republic of Ireland" and the Ch8ritie5 SORP"Ac¢ounting and Reporting by Charities. Ststement of Recommended practi applicable to eh8iitie5 preparing their account5 In a¢cordan¢e with the Financial Reporting Standard applicable in th8 UK 8nd Republic of Iland IFRS 1021" Objectives and actbvltlas Purple House Nurseries Is a Charitable Incorporated Organisation ICIOI, which Is located at Wnner, the Preston Road Women's Centie . its purpos8 IS to provide affordable childcare whi¢h supports the work of the womgn's c8ntr8 and local families in the Preston Road area and in the fvture, in other ar8as of the rity of Hull . During 24125 the charity achieved its objectives and also rther developed the skills ol the stsff in supporting children affected by Violen and abus8 and children with special educational n8eds and disabilities. The trustees hav8 paid due regard to guidan issued by the Charity Comrnission in deeIng what activities the charity should undertake. A¢hievements and perfomiance During 22123 we completed an extension to our premises wrth the aim ol being able to look after more children and in fact Increased our capacity to 25 children at any one time. This was In response to Increasing demand from local women needing affordable chIld¢a for their children. sin that time the Nursery has been incre3s1ngly busy and the children have thrived in the new purpose built environment. Flnancial r8vI6w It Is the policy of the charty that UnStriGted funds which have not begn designated for a specific use should be maintain8d at a level equivalent to three rnonth'5 expenditure. The trustees consid81 that reseffts at this 18vel will en5ur8 that. in the event of a significant drop in funding, they will be able to continue the charity's cUt activities while CDnsider8tion 15 given to ways in which additional funds may be raised. Reservas policy The truste8s have a policy to keep no more than thrèe months runnin9 Costs (approximately £18 0001 in ServeS in order that the charity's fund5 be 3pplied to further its cttaritablé purpose. The truste8s have assessed the major risks to which the charity is exposed, and are satisfied that systems are in pla to mitigate exposurè to the major risks. Future developments In the upwming year w8 will continue to maintain and 9row the service and look at possible expansion of the service into other aEas of the City structLbre, gov8rnance and management Th& charity is a company limited by guarantee. The truste85 who served during the year and up to the date of signature of the financial ststements were.. Ms L M Hilder P Liddle S Wake Ms L Hunt
PURPLE HOUSE NURSERIES TRUSTEES. REPORT ICONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 None of the tiustees ha5 any beneficial inter8St in the company. All of th8 trustees are members of the COTnpany and guarantee to contribute £1 In the event of a winding up. The trust8es' report was approved by the Board of Trustees. MsLMHil Trustee Dated.. 8 Juty 2025
PURPLE HOUSE NURSERIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PURPLE HOUSE NURSERIES I report to the trustees on my examination of the finanrial staternents of Purple House Nurseries Ith8 chantyl for the year ended 31 March 2025. R•$ponslbilitles and basis of report As the trustees of the charity you are responsib18 for the preparation of the finanfyal statements in a¢cordan with the qUirementS of the Charities Act 2011. I report in respect of my examination of the ¢harity'S financial statements carried out under section 145 of the Chairties Act 2011. In carryirvJ out my examination I have followed the Directions given by the Charity Comrnission under section 14515llbl of the Charities Act 2011. IndÈpgndent exalniner's statem8fbt Your attention is drawri to the f8Ct that the charity has prepared the finanaal statements in accordan(x with the levant version of the Statem8nt of Recommended Practice applicable lo charit@s prepanng th811 financial statement5 In accordanc8 with the Financial Reporting Stsndard applicable in the UK and Republic of Irelan IFRS 1021 in preference to the Accounting and Reporting by Charities. Statement of Recommended Practi issued on 1 April 2005 which is refeiied to In the extsnt r8gulatyons but has now been withdrawn. l understand that this has been done in ord8r for the financial stat8ment5 to provid8 a true and fair view in accordance wit UK Generalty ACpted Accountin9 Pra¢tice. I have cornpted my examination. I confirm that no matt8rs h8ve come to my attention in connecknon with the examination givin9 me Cause to believe that in any material respect". accounting record5 were not k8Pt in sp8Cl of the charity a5 required by section 130 of the Charibes Act 2011. the finan31 Statements do not accoid with those records,. or the financial statem8nts do not comply wth the applicab requirements con(*rning the forffl and content f finsn¢ial statsments set out in the Charities IAccounts and Reports) Regulat)n3 2008 other than any requirement that Ihe financial stat8Thent5 give a true and fair view, which is not a matter ¢on5idered a5 part ol an Ind8pendent examination. I have no Con$ and have com8 across no other matters in connection with the examin8tK)n to which attention should be drawn in this repo order to 8nab18 a proper understanding of th8 financial statements to be reJch8d. Jonathan Leathley, F Fawley Judge & Easton Chartered Certifiad Acc 1 Parliament Street Hull East Yorkshire HU12AS ntants Datsd." e July 2025
PURPLE HOUSE NURSERIES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrictéd Unr•$tricted funds funds 2026 2024 Note$ Income frorn.. Donations legacies Charitab18 J¢tivities 208 126.682 79.325 126,890 79,325 Total income Expenditur8 On= Charitable activities 100,263 94,791 100,263 94.791 Total expènditure Net Incomellexpenditurel and movement in funds 26,627 115,4661 Reconciliation of funds.. Fund balan$ at 1 April 2024 5.233 110.2331 16,394 110,2331 Fund balances at 31 March 2025 The ststement of financial actiVltl8s includes all gain5 and losses recognised in th8 year. All income and expenditure d8rive from continuing Jctivities.
PURPLE HOUSE NURSERIES BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Current assets Cash at bank and in hand 18.251 118 Creditors.. amounts falling due within one year 11 11,8571 110.3511 Net current a88etsllliabllitiè$l 16,394 110.2331 The funds of the charity Unrestricted funds 12 16.394 110.2331 16.394 110,2331 Tre financial statements were approved by th8 trust8es on 8 July 2025 MSLMHI Trustee 8r
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policiès Charity infomiation Purple House Nurseries is a Charitable Incorporate(l Organisation. 1.1 Accounting ctsnvantion The financial statements have been prepared In a¢¢ordan¢8 With the charity's governing docurnent. the Charities Act 2011, FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Irgland" and the Ch8rit18s SORP "Accounting and Reporting by Charities" Statement of Recommended Pra¢li applicable to charities pparIng their aoUnt8 In accordants with the Financial Reporbng Stsndard applicable In the UK and Republic of Ireland IFRS 1021" The ¢h8rty is a Public Benefit Entity as defined by FRS 102. The ¢harity has taken advantage of the provision5 In the SORP lor charityes not to prepare a ststement of cash flows. The financial statements 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 Ststement of R8commeniJed Practi for charitie5 appty1ng FRS 102 rather than the version of the Statement of Recommended practi which is referred to in the Regulations but which has since been withdrawn. The financial ststements are prepa in sterling, whieh is the function81 currency of the charity. Monetary arnounts In these financial statements ale rounded to the nearest £. The financial 5tatemenis have been prepared under the historical wst wnvention. Imodified to indude the revaluation of freehold propert18S and to indude investment properties and cartain financial Instruments at fair valuel. The principal accounting policies 8doptsd are set out below. 1.2 Golng concem At the time of approving the financisl ststement5. the tiustees have a reasonable expe¢tstion that the charity has adequate resources to continue In op8rational existence for the foreseeable future. Thus the trustees conts.nue to adopt th8 going concsrn basis of accounting in pparIng the financial statements. 1.3 Charltabl• fvnds Unrestricted funds a available for use at the discretion ol ihe tru3t8es in furtherance of their charitable objectives. Re5trirt8d funds ar8 subject to 5pe¢ific conditions by donor5 or grantors as to how they may be used. Th8 purposes and uses of the r8Strictsd fvnds are set out in the notes to the financial statements. Endowment fund5 are Subject to SP8cific conditions by donors that the Capital must be maintained by the charity. 1.4 Income Income Is recogni3ed when the charity is legally entitled to It after any p8rfOmian conditions have been m8t, the amounts can be rneasured reliably, and it is probable that income will be received. Cash donations are recognised on reIpL Othèr don8tions are recognisgd On the charity has been notffied of the donation. unless perforrnan¢8 conditions require deferr81 ol thè arnount. Income tax COVerable relation to donations received under Gift Aid or deeds of cov8nant is recognised at the tim& of thg donation. Legacies are recognised on reIpt or otherwise if the charity has been notified of an impending distribution. the 8mount is known, and rel4pl is expected. If the amount 18 not known, the legacy treated as a contingent asset.
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aceounting policies (Continuadl 1.5 Expandire Liabilities are recognised as expenditure as 500n as there is a legal or ¢on$tiuctive obligation committing the ¢harity to that exp6nditLJl8, it is probable that a transfer of economic b8nefits will be required in settlem8nt and th8 amount ol the obligation can be m8asured reliably. Expenditurt Is accounted for on an accruals basis an has been classif0 ufider headings that agg98t8 all cost rtlatsd to the category. Vvhere costs cannot b directly attiibuled to particular hea(Iings they have been allocated to activities on a b8sis consistent with the use of sourCes. 1.6 Cash and cash equivalents Cash and cash equivaknts include cssh in hand, deposits held at call with banks. other short-terrn IiouKI Investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current Iiability85. Basic fin8ncial8ssets Basic financial ass8ts. which include debtots and cash and bank balan$. ale initially measured at transaction Pri including transaction costs and a subsequenuy Carried at amortised c05t using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction Is rneasured at the present value of the future reIpts discounted at 8 market rate of interest. Financial assets c4assifi8d as receivab wrthin one year a not amort15ed. 8a$ic fin*n¢i81 Ilabilities Basic financial liabilities, includin9 creditors and bank loans ale initi811y recognised at transaction prics unless the arr8ngem8nt ¢onstitutes a financing transaction. where the debt Instrument is measured at the present value of the future payments discounted at 3 market rate of interest. Financial liabilities cjassified as payable within one year ar& not amortised. Debt instruments are subsequently carried at amorused cost. using the effective interest rate mèthod. Trade creditors are obligations to pay for goods 01 seNic8S that have been acquired in the ordinsry course of operations from supplier5 Amounts payable are classified as current liabilities if payment is due within one year or less. 11 not, they ar8 presented as non-current liabilities. Trade cdItorS are recognised initially at transaction pric8 and subseouentty MeaSU(j at arnortised cost using the eff&cti¥e Interest method. Derecognitlon of financial llabi1it19S Financial liabilities are derecognised when the chaity's wntractual obligations expl or ale dischargecl or cancelleLI. 1.7 Employee beneflt8 The cost of any unused holiday &ntitlement Is recognised in the period in which the empk)yee'5 Servi$ arè receiv8d. Temination benefts ao COgne{l imrnediately as an expense when the charity is d8monstr8bly committed lo termin8t8 the employment of an employee or to provide terniination benefts.
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crhtlcol accountlng estimatss and judgements In the application of the charity's accounting policies. the trustees are requId to make judgetnents. estim8tes and 85surnpts.ons about the carrying arnount ol assets and liabilitie3 that ale not ieadily apparent from other 50urc85. The estirnates and as50¢1ated assumptions are based on historical experiènce and other factor5 that are considered to be relev3nt. AU21 results rnay differ from these estsmates. The estimates and undertying assumptions are vieWed on an ongoing basi5. Revisions to accounting estsmat8s 818 recognised In the p8riod In which the estimate is VIsed Whe the vision affects only that period, or in the pericmy of the revision and future periods where the revision affecis both current and futulg periods. Income from donations and lègacies Unrestrlctsd funds 2025 Unrastri¢ted funds 2024 208 DonatlOn5 and gifts Income frorn ¢harftoblÈ activllles Unrestri¢tsd funds 2025 Unrestrictsd funds 2024 Nursery Sale of goods 126,682 79,325
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activitles Nursery 2025 Nursery 2024 Dlrect ¢osts Stsff costs Nursery Food Nursery Le8rnign Materia15 Nursery - Toys & Equipment Nursery Uniforms Nuisery Hygiene 75,109 2.340 727 2.767 146 326 80,218 4.246 2.022 170 86.656 81.415 Share of 8upport and governance ¢osts18ge note 61 Support Governan( 12,972 635 12.776 600 100,263 94,791 Analys1$ by fund Urirestricted ftjnds 100.263 94.791 Support ¢osts allocated to a¢tlvities 2025 2024 Staff training Repairs and maintenan Subsciiptions Bank cbarg8s Priniting, stationery and postag8 Office costs Govemance cost 180 1,354 766 749 800 10,565 635 11.043 600 13,607 13,376 Anolys•d betrrten: Nursery 13,607 13,376 Net movement In fund$ 2025 2024 The net movement in tunds is stated after chargingll¢reditingl'. Fees payab for the independent examination ol th8 charity's financ4al statements
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tru8tee$ None of the trustees lor any persons conneoted witr them) received any remunerth.on or benefits frorn the charity during th8 year. Employees The averagg monthly number of employees during the year was". 2025 Numbor 2024 Number 2024 Employfflont costs 2025 75,109 Wages and salaries 80,218 The ware no Employees whose annual remuneration was more than £60,000. Remuneration of key management personnel Th& MUneration of key managernent personne1 was as follows.. 10 Taxation The charity is exempt from taxation on its a¢tivits"es be¢awe all its Income is applied for Charitab purpos8S. 11 Creditors-. amounts falling due wthin onè year 2025 2024 440 217 1.200 9.151 Trade creditOTS Other creditor5 Accruals and deferred incoma 1.200 1,857 10.351 12 Unre$trlctsd funds The unrestricted ftjnds of the charity comprise the unexpended balances ol donations anij grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include d8signat8d fund5 which have been Set aside out of unrestricted funds by the trustees for specific purposes. At 1 April Resource8 At 31 141ar¢h 2024 expended 2026 Incoming resour¢as 16,394 General funds 110,2331 126.890 1100.2631
PURPLE HOUSE NURSERIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 12 Unr•strictsd funds Icontlnuadl Previous year.. At 1 April 2023 Incoming resOUe8 Re¥ource8 At 31 March expènded 2024 Gen8ral funds 5.233 79.325 194,7911 110,2331 13 Related party transactions Transactions with related parties During the year the charity ent8red 1nto the following transactions with ralated part185". Wlnner. The Pr88ton Road Womens Centre 2025 2024 Salary costs 80.218 75,109 80,218 75.109 The followin9 amounts We outstanding at tho reporting end date Amounts owod to r8lat•d parties 2025 2024 Winner The Preston Road Wornens Centre 217