## **Trustees’ Annual Report for the period** ## **From - 01/09/2023 Period start date To - 31/08/2024 Period end date** ## **Charity name: Halstead Nursery** ## **Charity registration number:** 1197835 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The charity works for the public benefit
having as its objects the development and
education of children and young people in
particular by:
(1) promoting their care and safety;
(2) promoting their education and
promoting parental involvement;
(3) promoting their health and wellbeing;
(4) providing services to support them and
their families and carers;
(5) providing services to individuals holding
membership of the CIO; and
(6) furthering the aims of the Pre school
Learning Alliance.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|We aim to provide a flexible and fully
inclusive facility to our clients, and offer
support and advice to all families in our
small village community. The nursery
operates Monday to Friday during term
time, offering preschool education and care
to children aged 2 to 5 years of age.
We offer mentoring to teenagers from local
schools through the work experience
programme and also support
apprenticeships.
Funding from the Government and our own
fees aim to cover rent, running costs, staff
wages and training. Other costs are
covered by fundraising. Fundraising
contributions are dedicated to providing
resources and activities for the children.
For example, providing at least one annual
outing for both children and their families.
We are highly regarded in the local
community for having qualified and
experienced staff who are able to provide
support to families and children with special
needs. Our manager is particularly skilled| |||in this area and provides training for other
professionals in the area.
We have spaces for children on the ‘free
for two’ programme and experienced staff
work closely with these families. We also
offer the 30 hours of free early entitlement
for working families.
The nursery takes part in many local
community and school events, for example
the Knockholt carnival.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All trustees have had regard to the charity
commission's guidance on public benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|We provide preschool education and
activities within the EYFS curriculum
covering up to 36 children, some of which
attend the nursery full time and others on a
part time basis.
We currently have 7 members of staff who
are fully qualified.
Our nursery manager is an EYPDPD
(Early Years Professional Development
Programme) tutor and is successfully
mentoring other early years professionals.
All staff have completed first aid training.
The whole staff team have completed ‘In
the moment’ planning training which will
benefit the needs of all children in the
nursery.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The financial position remains sound. In
July the nursery became a charitable
incorporated organisation with all funds,
assets and liabilities being transferred from
the former unincorporated entity; this
resulted in income and expenditure being
split between the two in the financial year.
Overall, however, the nursery achieved a
surplus during the period with staff costs
reducing due to a variance in staff numbers
in the year.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Restricted element of balances
comprises two elements:
1. The balances of any restricted or
limited funds received not yet
utilised or disbursed.
2. A reserve to cover any redundancy
payments that may be required in
the event of closure. The figure
required varies over time and the
amount held is sufficient to cover
these variations.| |Amount of reserves held|Para 1.22|1. £2,516
2. £40,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are three factors which could affect
this, and although they will not have any
short-term effect, their impact over the
medium to long term has the attention of
the Trustees:
1. The significant increases in the level
of the National Living Wage have
impacted expenditure over recent
years and there is only very limited
ability for the nursery to increase
income.
2. Since the end of the accounting
period the Government has
imposed a new statutory funding
guidance which further restricts the
ability to generate income. The
levels of funding received fail to
sufficiently cover the costs of
running the nursery and with more
and more parents waiting until their
child is eligible for funding before
starting them with us, this is eating
into reserves faster and we may not
continue to be sustainable. It is
estimated this will result in a net| reduction of at least £11,000 in income over a full year. 3. Kent County Council have proposed a very substantial increase in the level of rental paid for the premises currently used. So far, they have not entered into any meaningful discussion on this and it something the Trustees continue to pursue. ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Pre-school Leaming Alliance CIO
Constitution for Childcare Providers 2013| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are elected and appointed by
other committee members at our AGM.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Halstead Nursery| |---|---| |Other name the charity uses|| |Registered charity number|1197835| |Charity’s principal address|Halstead Nursery
Otford Lane
Halstead
Sevenoaks
Tn14 7ea| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Michelle Hughes|Chair||| ||David Young|Treasurer||| ||TraceyMcCartney|||| ||Amanda Harvey|||| ||Nicola Tobin|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||T J McCartney| |---|---|---| ||Michelle Hughes|Tracey McCartney| ||
Chair|Trustee| ||18/06/2025|| ||18/06/2025|| |**Charity Name**|||**No (if any)**|| |---|---|---|---|---| |**Halstead Nursery**|||**1197835**|| |**Receipts andpayments accounts**||||**CC16a**| |**For the period**
**from**|Period start date
01-Sep-2023|**To**|Period end date
31-Aug-2024|| ## **Section A Receipts and payments** **Unrestricted Restricted Endowment funds funds funds to the nearest to the nearest £ to the nearest £ £** **Total funds Last year** ||**Unrestricted**
**funds**
**to the nearest**|**Unrestricted**
**funds**
**to the nearest**|**Restricted**
**funds**|**Restricted**
**funds**|**Endowment**
**funds**|**Endowment**
**funds**|**Total funds**|**Total funds**|**Last year**| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|
**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |Fees|**45**||**-**||**-**||**45**||**-**| |Uniforms|**-**||**-**||**-**||**-**||| |Government Funding|**410**||**1,333**||**-**||**1,742**||**-**| |Fundraising|**114**||**-**||**-**||**114**||**-**| |Misc.|**207,575**||**186**||**-**||**207,761**||**-**| |Grants Received|||**-**||**-**||**-**||| |Training|**-**||**-**||**-**||**-**||| |Collaboration|**-**||**1,434**||||**1,434**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|
**208,143**||**2,953**||**-**||**211,096.02**||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_ **|||||||||| ||**208,143**||||||||**-**| ## **A3 Payments** |**A3 Payments**|||||||||| |---|---|---|---|---|---|---|---|---|---| |Staff costs|**12,611**||**-**||**-**||**12,611**||**-**| |Pension costs|**285**||**-**||**-**||**285**||**-**| |Accountancy fees|**460**||**-**||**-**||**460**||**-**| |HMRC|**1,244**||**-**||**-**||**1,244**||**-**| |Premises|**704**||**-**||**-**||**704**||**-**| |Telephone|**15**||**-**||**-**||**15**||**-**| |Refreshments - children|**30**||**-**||**-**||**30**||**-**| |Refreshments - staff|**-**||**-**||**-**||**-**||**-**| |Consumables|**67**||**-**||**-**||**67**||**-**| |Clothing - staff & children|**73**||**-**||**-**||**73**||**-**| |Repairs and equipment|**18**||**-**||**-**||**18**||**-**| |Administration, Training cost|**16**||**-**||**-**||**16**||**-**| |Insurance|**-**||**-**||**-**||**-**||**-**| |Advertising, Website Design / Hosting|**-**||**-**||**-**||**-**||**-**| |Outings|**52**||**-**||**-**||**52**||**-**| |Petcare|**-**||**-**||**-**||**-**||**-**| |EYPP|**-**||||||**-**||**-**| |Collaboration|**-**||**437**||||**437**||**-**| |Miscellaneous|**478**||**-**||**-**||**478**||**-**| |**_Sub total_ **|**16,052**||**437**||**-**||**16,489**||**-**| |**A4 Asset and investment**
**purchases,(see table)**|**-**
**-**
**-**
**16,052**|**-**
**-**
**-**
**16,052**|**-**
**-**
**-**
**437**|**-**
**-**
**-**
**437**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**16,489**|**-**
**-**
**-**
**16,489**|| |---|---|---|---|---|---|---|---|---|---| ||**-**||||||||| ||**-**||||||||| |**_Sub total_ **
**_Total payments_ **|**-**||||||||**-**| ||||||||||| ||||||||||**-**| ||||||||||| |**_Net of receipts/(payments)_**|**192,091**||**2,516**||**-**||**194,607**||**-**| |**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||**-**|
|**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**192,091**||**2,516**||**-**||**194,607**||**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B2 Other monetary assets**
**B1 Cash funds**|**Details**
**_Total cash funds_**
**Details**
(agree balances with receipts and payments
account(s))
Barclays current account
Barclays deposit account
xxx account
Virgin savings account|**Details**
**_Total cash funds_**
**Details**
(agree balances with receipts and payments
account(s))
Barclays current account
Barclays deposit account
xxx account
Virgin savings account|**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---|---|---| ||||**107,172**||**2,516**||**-**| ||||**-**||||| ||||**-**||||| ||||**44,919**||**40,000**||**-**| ||||**152,091**||**42,516**||**-**| ||||||||OK| ||||||||**Endowment**
**funds**
**to nearest £**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||**Details**||**Fund to which**
~~**asset belons**~~||**Cost(optional)**||**Current value**
~~**(otional)**~~| ||||~~**g**~~||**-**||~~**p**~~
**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
~~**asset belons**~~||**Cost(optional)**||**Current value**
~~**(otional)**~~| ||||~~**g**~~||||~~**p**~~
**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ## **B5 Liabilities** Signed by one or two trustees on behalf of all the trustees ## **Details** |**Fund to which**

|**Fund to which**

|**Amount due**


|**Amount due**


|**When due**


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approval| |---|---|---|---| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examlnefs Report Report to the trusteesl members of Halstead Nursery {ClO) On accounts for the year ended 31 August 2024 Charlty no Irf any) 1197835 Set out on pages I rewyt to the truslees C￿ my examinatKJn of accounts of the al)ove charity (Ihe Trust") for the year ended Responsibilltles and As the charity Irustees of the Trust. you are resFAMsible for ttie preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {Ihe Acr). I report in respect of my examination of the Trust's a¢￿Unts carried out under section 145 of the 2011 Act and in rarying out my examination, I have followed the applicable DI￿tionS given by the Charity Commission under section 145{5Xb) of the Act. I have completed my examination. I confirm that no material matters have com8 to my attention leth8r-than that disclosed b8low ") in connection with the examination which gNes me cause to believe that in. any material Independent examlnerfs statement accountin9 records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no o)rscems and have ccffie across no other mattets in COnnect￿n with the examination lo which attention should be dravm in order to enable a proper understarKling of the accounts lo be reached. ' Please delete Ihe words in Ihe brackets rf they do not appty. Signed: 0111212024 Name: Sabrina Litue Relevant professlonal quallficallon(s) or body (rfary): MAAT MembeT5hip Number 10276909 Address: 12 Dorset Place Faversham ME13 8PP IER October 2018 Section 8 Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32, Independent exarninat¥)n of charity accounts: directions and gu5dance for examiners). Give here brief details of any items that the examiner wlshes to disclose. IER October 2018