**Charity registration number 1194724 (England and Wales)** **Company registration number CE025683** ## **JUMPING BEANS NURSERY** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2024** Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Ms H Willson Ms J Bowles (Appointed 30 August 2024) Ms M Hocking **Charity number (England and Wales)** 1194724 **Company number** CE025683 **Registered office** C/O Parkland Infant School Brassey Avenue Eastbourne East Sussex England BN22 9QJ **Independent examiner** Oliver Read FCCA ACA James Todd and Co Limited Drayton House Drayton Lane Chichester West Sussex England PO20 2EW Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 13| Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The trustees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". ## **Objectives and activities** ## _Objectives of the Charity_ Jumping Beans nursery aims to improve the social, emotional, and intellectual education and development of children under statutory school age, by providing high quality care and learning opportunities through both stimulating play and structured activities. To work in partnership with parents/carers; offering flexibility, encouragement, and promoting and increasing their understanding of their children's educational needs through regular communication and community groups. We aim to offer family learning, and the encouragement of parents to take responsibility for, and to become involved in, the activities of the preschool groups, ensuring that such groups offer opportunities. ## **Financial review** ## _Reserves policy_ Jumping Beans aims to maintain reserves consisting of: i. reserves to meet redundancy liabilities; ii. general contingency reserves equal to one term's (i.e. a sixth of annual) total expenditure, excluding maintenance and depreciation The Trustee's believes that this level of reserves is prudent and necessary to ensure that Jumping Beans can run efficiently and meet future needs. Jumping Beans has no restricted funds, and therefore essentially all cash balances can be considered to be part of reserves. ## **Structure, governance and management** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Ms H Willson Ms J Bowles (Appointed 30 August 2024) Ms M Hocking - 1 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The trustees' report was approved by the Board of Trustees. Ms M Hocking **Trustee** 12 September 2025 - 2 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF JUMPING BEANS NURSERY** I report to the trustees on my examination of the financial statements of Jumping Beans Nursery (the charity) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of [ENTER IN DATABASE cy1015], which is one of the listed bodies. 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: - 1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or - 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 financial statements to be reached. ## **Oliver Read FCCA ACA James Todd and Co Limited** Drayton House Drayton Lane Chichester West Sussex PO20 2EW England 30 October 2025 - 3 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| ||**Notes**|**£**|**£**| |**Income from:**|||| |Donations and legacies|**3**|849|99,144| |Charitable activities|**4**|321,119|186,958| |Other trading activities|**5**|6,210|187| |Investments|**6**|10|3| |**Total income**||328,188|286,292| |**Expenditure on:**|||| |Charitable activities|**7**|306,733|223,981| |**Total expenditure**||306,733|223,981| |**Net income and movement in funds**||21,455|62,311| |**Reconciliation of funds:**|||| |Fund balances at 1 January 2024||61,579|(732)| |**Fund balances at 31 December 2024**||83,034|61,579| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2024**_ |**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**15**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Unrestricted funds
**17**|**2024**
**£**
1,597
84,395
85,992
(5,964)|**£**
3,006
80,028
83,034
83,034
83,034|**2023**
**£**
1,964
60,425
62,389
(3,430)|**£**
2,620
58,959| |---|---|---|---|---| |||||61,579| |||||61,579| |||||61,579| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 12 September 2025 Ms M Hocking **Trustee** Company registration number CE025683 (England and Wales) - 5 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## **Charity information** Jumping Beans Nursery is a private company limited by guarantee incorporated in England and Wales. The registered office is C/O Parkland Infant School, Brassey Avenue, Eastbourne, East Sussex, BN22 9QJ, England. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 6 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** **(Continued)** ## **1.5 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 are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 25% on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 7 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** **(Continued)** ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 8 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **3 Income from donations and legacies** |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Donations and legacies|349|29,117| ||Non-profit Income|500|70,027| |||849|99,144| |**4**|**Income from charitable activities**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||**Charitable activities**||| ||Sale of goods|321,119|186,958| |**5**|**Income from other trading activities**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Other income|6,210|187| |**6**|**Income from investments**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Interest receivable|10|3| - 9 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **7 Expenditure on charitable activities** |||**Charitable**|**Charitable**| |---|---|---|---| |||**activities**|**activities**| |||**2024**|**2023**| |||**£**|**£**| ||**Direct costs**||| ||Staff costs|265,487|194,539| ||Depreciation and impairment|774|873| ||Insurance|1,919|992| ||Telephone and computer costs|1,114|38| ||Purchases|16,897|5,648| ||Motor and travel|2,002|78| ||Rent|11,779|20,383| ||Postage and stationery|-|469| ||Advertising|238|309| ||Cleaning|171|397| ||Repairs and renewals|347|900| |||300,728|224,626| ||**Share of support and governance costs (see note 8)**||| ||Governance|6,005|(645)| |||306,733|223,981| ||**Analysis by fund**||| ||Unrestricted funds|306,733|223,981| |**8**|**Support costs allocated to activities**||| |||**Charitable**|**Total**| |||**activities**|| |||**2024**|**2023**| |||**£**|**£**| ||Governance|6,005|(645)| |||**2024**|**2023**| ||**Governance costs comprise:**|**£**|**£**| ||Accountancy|4,464|(954)| ||Legal and professional|1,541|309| |||6,005|(645)| - 10 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ |**9**|**Net movement in funds**|**2024**|**2023**| |---|---|---|---| |||**£**|**£**| ||The net movement in funds is stated after charging/(crediting):||| ||Fees payable for the independent examination of the charity's financial statements|4,464|(954)| ||Depreciation of owned tangible fixed assets|774|873| ## **10 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **11 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2024**
**Number**
13
**2024**
**£**
248,188
12,407
4,892
265,487|**2023**
**Number**
9| |---|---|---| |||**2023**
**£**
186,291
5,239
3,009| |||194,539| There were no employees whose annual remuneration was more than £60,000. ## **12 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 11 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **13 Tangible fixed assets** |**Cost**
At 1 January 2024
Additions
At 31 December 2024
**Depreciation and impairment**
At 1 January 2024
Depreciation charged in the year
At 31 December 2024
**Carrying amount**
At 31 December 2024
At 31 December 2023
**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
**15**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**Computers**
**£**
3,493
1,160
4,653
873
774
1,647
3,006
2,620
**2024**
**2023**
**£**
**£**
747
764
850
1,200
1,597
1,964
**2024**
**2023**
**£**
**£**
2,411
1,974
413
-
1,140
18
2,000
1,438
5,964
3,430
**2024**
**2023**
**£**
**£**
4,892
3,009|**Computers**
**£**
3,493
1,160
4,653
873
774
1,647
3,006
2,620
**2024**
**2023**
**£**
**£**
747
764
850
1,200
1,597
1,964
**2024**
**2023**
**£**
**£**
2,411
1,974
413
-
1,140
18
2,000
1,438
5,964
3,430
**2024**
**2023**
**£**
**£**
4,892
3,009| |---|---|---| |||4,653| |||873
774| |||1,647| |||3,006| |||2,620| |||**2023**
**£**
764
1,200| |||1,964| |||**2023**
**£**
1,974
-
18
1,438| |||3,430| |||**2023**
**£**
3,009| - 12 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 ## **JUMPING BEANS NURSERY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **16 Retirement benefit schemes** ## **(Continued)** The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. ## **17 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 January**|**Incoming**|**Resources**|
**At 31 December**|
**At 31 December**| |---|---|---|---|---|---| ||**2024**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**||**£**| |General funds|61,579|328,188|(306,733)||83,034| |**Previous year:**|**At 1 January**|**Incoming**|**Resources**|
**At 31 December**|| ||**2023**|**resources**|**expended**||**2023**| ||**£**|**£**|**£**||**£**| |General funds|(732)|286,292|(223,981)||61,579| ## **18 Related party transactions** There were no disclosable related party transactions during the year (2023 - none). - 13 - Doc ID: c168a29403384cf1adadfb2b5ed6e5c56ca8b090 Jumping Beans Nursery - Year ended 31 December 2024 -... Full_Accounts.pdf c168a29403384cf1adadfb2b5ed6e5c56ca8b090 DD / MM / YYYY Signed |28 / 10 / 2025|Sent for signature to Mr Oliver Read| |---|---| |08:16:39 UTC|(oliver@jamestoddandco.co.uk) from| ||michael@jamestoddandco.co.uk| ||IP: 185.175.36.158| |30 / 10 / 2025|Viewed by Mr Oliver Read (oliver@jamestoddandco.co.uk)| |11:25:54 UTC|IP: 185.175.36.158| |30 / 10 / 2025|Signed by Mr Oliver Read (oliver@jamestoddandco.co.uk)| |11:26:08 UTC|IP: 185.175.36.158| |30 / 10 / 2025|The document has been completed.| |11:26:08 UTC||