REGISTERED CHARtfY NUMBER,. IZ00136 '
Reptsrt oltheTrustees and
Unaudlted Finandal Statements
for the Perlod 23 February 202410 31 Marth 202S
l￿ddleduckS Nursery Challord CIO
Xeinadin South Wales & West ￿rn￿ed
701 Stonehouse Pa
Sperry Way
Stonehouse
Glouce5tershlre
GLIO 3UT

Puddleduc*s Nursery Chalford CIO
Contsnts of the FInanclal Ststements
for the Perlod 23 February 2024 to 31 Marth 2025
Page.
Reference and Admbllstratlve Detalls
Mana8tls and Chalrperson's Report .
Report of Ihe Tru5te•s
Indep•ndent E¥arTEin*s Report
Statement of Ananaal Admtles
Balance Sheet
Not8$ to the Financlal Statements
8 to 13
Detslled Ststemertof Flnandal Adi¥ltles
14 to 15

Puddleducks Nursery Chalford CIO
Reference and Admlnlstratlve Detall$
for the Perlod 23 Febnjary 2024 to 31 Maich 2025
TrUSTEES
Mrs L N Hood
Mrs H L Mirams
Mrs S L Ireland
Ms A S Burner
PRINCIPALADDRESS
Haywards Lane
Chalford Hill
Sttoud
Gloucestershire
GL6 8LH
REGlStERED CHAR￿ NUMBER
1200136.
INDEPENDÉNT EXAMINER
XEinadln south Wales & Wesi Llmlted
701 Stonehouse Park
Sperry Wiy
stonehouse
Gloucestershire
GLIO 3ur
50ucrroRS
Christopher Davidson Solicff(ors LLP
2 and 3 Orlel Terrace
Oriel'Road
Cheltenham
GL50 IXP
Page I

Puddledu¢k5 Nursery Chalford CIO
Manager's and Chalrper50n's Report
for the Perlod 23 February 2024 to 31 Maith 2025
5arnh Irelond- Managee5 report
Since retstering as a new Charitable IncDfporated organlsation In De￿mber 2021 Pudd1educks ha5 continuÈd to go
from strength to 5trengthl We have continued with 8 very high number ol chlldren on register, wth 62 children
attending over 3 week. For the first year ever, we had a higher number of under 3 year olds. To help u5 to meet the
S&g31 staff qualrfitation and odult to chlld ratio requirements, we exteftded our staff team to welcome Christie Horton
in the role of nursery housekeeper. meaninB we had more qualified staff avallable to take on Key Person
responsibilithes. Thls a159 gave us the luxury extra 5tsff member to help cover unplanned staff absence.
Our wonderfully dedicated staff are a huge asset to the charity, and they are all very much appreclated. Millie and
Tara continued with thelr 5tudie5, and art both now very near to completing their apprentlceshlps w%th usl Sarah has
now completed the NPQEYL and the rest of the team a150 had the opportun%ty to develop their skills by receivin8
training in supporting toiletinglpolty traSnlns, Of5tod update5 and supportlng dy3reg￿1ated thildren. Other staff
training included a full team child protection update for our early yea15 advisor at Glouce5tershlre County councll.
flrst aid training and inter agency safeguardlrigtraining for our DSL'S.
In Moy 2024, we transfom)ed Puddleducks by removin8 the bar area. and creating a multipurpose spa￿ for thè
Ducklings child￿n, which enabled u5 to take 3 extr3 under 2 year old childTen per day. ln September 2024. we started
the new academlc year with up to 36 children per day. We continued to dèvélop the play areas and invest in new
equlpment to benefit the cF>ildren. New resources included lots of Monte550ri style toys for our younger chlldTen and
more books, puzzles and games. We also Énvested in a new photocopier, desktop computer and 3 new IPad5 for staff
use. Puddleducks had a fresh coat of palntthrOugho￿ and the playground marklng5 were also refreshed.
I would like to thank the Tru5tee5 and the staff team for their continued $upport and dedication to Puddleducks. It Is
wonderful to see how each year, we continue to grow and prosper.
AlexaThlra Bufner- ChalrpoMn's Ttport
Our new set up as a Charitable Incorporated Organisation, has taken over runnin8 Puddleducks Nursery. Yhls has
proved to be highly successful and Puddleducks has been busier than ever. Our hi8her numbe'r of bookings 6 partly
due to a higher number of farnilies moving to the area. and an increase In birth rate5, but mainly due to the
introductlon of 15 hours fundin8.for children from the age of 9 months of age. This meant that there was a very hlgh
demand for space, especlalty in our Ducklin8S 8roup, w￿h more thlldren startln8 PUddled￿ck5 from the age of l year
old. Thankfully. we were able to secure some fttndin¥ from Stroud Distrirt council, to enable us to create addbtional
space allowing us to Increase our number of children attendlng the Ducklin85 group from 6 children per day to 9
children per day. The new space available to us has been future proofed by the Inttillalion of a slidin6 wall, whieh
means the area can create a small enclosed space or OPEned up fully to be irTrcorporated into the main"hall.
We have seen or out£oing5 Increase dramatltally over the lart year, p3rtitularSy our staff cast5, UtilFty bills and food
costs. We weTe also able tc create I new employment opportuftity Wth the 1ntroduct.lon of a House Keeper role at
Puddleduck5.
Thanks to the 5ucce5sful grant appllcatlon, we were able to use the hjnds that we had set aside for the bar removal
bullding works to tn5tead top up oyr Capltal malntenance reserves fvnds by £20.000 to ensure we are able to meet
our lew41 financial liabilities.
Page 2

Pyddleducks Nursery Ch'alford CIO
Report of the Trnstees
tor the Perfod 23 February 2024 to 31 Marth 2025
The trustee5 present their report with the financlal statements of the charlty for the pwiod 23 February 2024 to
31 March 2025. The trustees have adopted the provisions of Accosjnting and Reporting by Charrties.. Statement of
Recommended Practice applicable io charitie5' prèparing their accounts in accordance wtth the Finantial Reportlng
standard applicable in the UK and Republic of Ireland IFRS 1021 leffective ljanuary 20191.
OB]E￿IE5 AND AcrNmES
Oblectl¥es and alms
Puddleduc*s Nufsery is a Charitable Incorporated Or8anisation lao). 8overned by constitution re8ulated by Charity
Comrni5sion and is a body assoriated with PATA Gloucestershire.
The aim of Puddleducks Is to enhance the development. cart and education of chlldrÉn, prlmarily Itnder rtatLrtory
School age and a150 chlldren and young people af sthool age by encouraging par.ents to understand and promde for
the needs of thelr chlldren through £ommunity vttluntarily managed groups and by..
al offering appropriate play facilities and trainin8 courses, together with the right of parents to tske re5ponslbility for
and to become involved in the attivitie5 of such groups, ensuring that such groups offer opportunitles for all children
and young people,'whatever their race, culture, rellglon, means or ablllty
bl encoura8in8 the study of the needs of suth chlldren and their famllies and promotrng public inteTest in and
recognStlon of such needs in the local area5
cl instigating and adheringto and furtherlng the aims of Gloucestershire PATA
ACHIEVEMENT AND PERFORMANCE
Internal and extemal fartors and Upcomln8fi￿nd4I issue5
Rise in the National Living Wage IIO%I and uplift of all stsff salaries to retain pay difference to refiect additional
qualifi¢atlons and responslbilities has been fartored Into pay rise5 from April 2024. The staff expendtture has
therefore increased by around £2k per month. The intrudurtion of 15 hours fundin8 for eligible working parents of
2-year-olds from April 2024, is now actlve. The Charity now have 77% of children are now funded. Thankfully the rate
for 2-year-olds is the same as the rate for fee payers, however the 3-year-old raie is still slgniflcantty lower than our
hourly rate for fee payers. This has been overcome by introducing a charge for 5nack5 to help coverthe105S.
FINANaAL REVIEW
Flnandal posltion
Total Income for the Financial Perlod 23rd February 2024 to 31st March 2025 ￿S £435,473. Payments for the same
period totalled £408,801 resuftlng In a net income of £26.671
The Nursery's main source of income is from the provlslon of nursery education11.e. Invoiced fee5 and local author
fvnd￿r}g incornel whlch accounted for income 01 £433,729. Other re￿ipts totslled £1,744 compri5in8 bank interest of
£405 and donations and grants of £1,339.
Employment CQ5ts are the Nursery's largest single expenditure wrth totsl wages costs of £271,689. Other expendfture
of £137,112 consists of social security, pensions, rents support and opèratbnal costs. A full break down can be found
on p.a6es 15 to 16.
The end offlnancSal period for the new CIO charity showed a net incomè of £26,672. This 15 exartty whère ￿ hope to
be as a registEred charity and not for profit iJrgani5ation. We have marnased to invest in our premises by repurposlng
the avallable spacé in the bulldln& allowing us to offer an addhional 3 spaces in our Duckllngs class Ichildren aged 1-2
years) each day, providirb8 a much needed service in our local comrnurnity.
Prlndpal fundlng sourc•s
The Nursery's main source Df income Is the Lo￿1 Authorhty Nursery Educatlon Fundin8, accounting for nearly 63% of
.tOtsl lficome thls financ5al perlod. Invol￿d fees Ifor children not yet eliglble for fundln8 or those who attend for more
than thèlrentltlement of fvnded hour51 accounted for around 37% of our Income.
Pa8e 3

Puddleducks Nursery Chalford CIO
Report of the Trustees
for the Perl4)d 23 February 2024to 31 March 2015
FINANOAL REVIEW
Re5eThYes pollcy
The Charity hold reserves to c￿r unexpetted drops in income. and to meetthe ¢o#s of unexperted contracts should
the Nursery for any reason be forced to tlose its operations- income may be lower than afiiicipated in any year as a
result of faS1ing child numbers, or lower take-up of nursery.educatlon sesslons. Unexplred contracts include premises
rental and other utilitles, insurances, and stsff redundancy costs. The resetves pollcy Is reMewed on aR annual ba51S.
Golng concern
After maklng awropriate enqulries, the Trustee5 have a reasonable èxpecta￿On that the Charlty has adequate
resour￿ to continue In operntional existence for the foreseeable future. For this reason, they GontSnue to adopt the
golng concern basis in preparlng the financial statements.
5TRucfuRI GOVERNANCE AND MANA6EMEI
Govemlng document
The Charity Is constituted as a Charitable Incorporated OTganlsatlon ICIOI and Is governed by a constitution daterj 1st
August 2022 and wa5 registered with the Charity Commission as a charity on 22nd Au8USt 2022.
Reuultment and appointment of new trustèes
ThÈ Trustees meet once a term, srx tlmes a year. All parents and carers for chlldren attersding P¢Jddleducks ale Invited
to become members. New trustees ire appointed at thè Annual General Meeting. Current trustee5 when r2cruitlxg
new trustee5, consider the 5kill5. knowledge and experience requlred to ensure that the charity 15 well guverned artd
run effettively.
Indudlon and trainlng of newtrustÉes
The Chartty ensure5 that all its new and potential trustees have acce5S to the Charfty CommSsslon's publication
Responsibllltles of Charity Trustee5 ICC31 and that they have read and undeTrtood the contents. Trustees understand
thelr obligation to check the eligibility of new trustees they are aware of the legal rules on eli8ibility to serve as a
trustee.
Rlsk managemont
The trustees have a duty to identify and review the rlsks to which the charity 15 exposed and to énsure appropriate
contro15 are place to pr.ovide reasollable assurance againstfraud and eryor.
. Approved by order of the board oltrustees on 20 May 2025 and Signed on its behalf by..
Mrs S L Ireland- Trustee
Page 4

1nde￿ndeftt Examlnerfs Rèport to the Trustees of
Puddleducks NU￿ery Chalford CIQ
Independ•m •NAmlnerfs reporttothetrustees of Puddleducks Nursery Chalford CIO
I report to the chariiy trustees on my examlnation of the accounts of Puddlèducks Nursery Chalford CIO Ithe Trust) for
the perlod 23 February 2024to 31 March 2025.
Aesponsibllltles and basls ol report
As the charity trustees of the frijst YOU orÈ responsible for the preparation of the octounts in accordance with thè
requirernents of the CharftSe5 Act 2011 (the Art'l.
I report in respert of my examination of the Tru5Vs accounts carried out under SKtion 145 of the Act and In carrylng
out my examination I have followed all applicable Directions 8iven by the Charity Commlsslon undersection 14515llbl
of the Act.
Independent examiner's staternent
Since your charity's gross income exceeded £250,000 your examlner must be a member of a listed body. I can conflrm
that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified
Accountants, which Is one of the listed bodies.
I have completed my examlnation. I confirrn that no material rnètteTS have come to my attention in connection with,
the examinatson.gkving me cause to believè that in any material respect:.
accounting rettsrds were not kept in respect of the Trust as required by Section 130 of the Act- or
the accounts do not accord wlth those records; or
the accounts do not comply wlth the appllcable requirements concerning the form and content of accounts set
out in the Charitles (Accounts and Reports) Regulations 2008 other than any requirement that the atcounts
glve a true and fair view which is not a matter consldered a5 part of an independent examination.
I have no cOn￿mS and haye tonie across no other matters in connectlon with thè examination to which attention.
5hoyld be drawn In this report in order to enable 3 proper understandin8 of the3ccounts to be reached.
Mr M Aldridge FCCA
The Assoclatlon of Chartèred Certified Accotsntants
Xeinadin South Wales & West Umtted
701 Stonehouse Park
Sperry Way
Stonehouse
fjloucestershl
GLIO 3UT
20 Moy 2025
Page 5

Puddleducks Nursery Chalford CIO
ststement of Flnanclal Artivitles
for the Pertod 23 February 2024 to 31 March 2025
Perlod
23.2.24
Pertod
22.8.22
to
22.2.24
Total.
funds
3L3.25
Unrestrlrted.
fund
Notes
INCOME AND ENDOWMENT5 FROM
Donatlons and legacies
273*73
234,426
161,195
180,213
442
Other tradSftg acknvities
Investment Income
Totsl
435.473
415,081
EXPENDMJRE ON
408MII
309,013
Other
INCOME.
26,6n
106,068
RECONCIUAMON OF FUNDS
Total funds brought fvrward
106.068
TOTAL FUNDS CARRIED FORWARD
131740
106,C68
The notes form part ofthese fina￿[al statements
Pa8e 6

Puddledu¢ks Nursery Chalford ao
Balance Sheet
31 March 2025
2024
Total
funds
Untrestrfcted
fund
Notes
FIXED ASSETS
Ta￿lble assets
7A49
8,896
CURRENT ASWS
Debtors
Cash at bank
21,679
111.738
48,807
51,521
133,417
100,328
CRED￿ORs
Amounts falltTrg due wf(hin one year
io
18,IZ6)
13,1561
NET CURRENT ASSEYS
5,291
97,172
TQTAL AS5Efs LE55 CURRENT LIABILITIES
131740
106,068
134740
106.068
FUNDS
Unre5tritted funds
li
132.740
106,068
TOTAL FUNDS
131740
106,068
The financial statements wEre approved by the Board of Trustees and authorised for tssue on 20 May 2025 and were
Ened on tts behalf by..
S L Ireland. Tntstee
The notes form part of these financial st3tements
Page 7

Puddledueks Nursery Chalford CIO
Notes to the Flnancial Statements
for the'perlod 23 February 2024 to 31 March 2025
ACCOu￿NG POUOES
Bpsls of prq>arlng the flTrandal statements
The financtal *atements of the charity, which Is a public bènèfit entlty under FRS 102, have been prepared in
accordan￿ with the Charities SORP IFRS 1021 'Accounting and Reportins by Charlties.. Statement of
Recommended Prartice applicable to charities preparlng their attounts in accordance with the FSnanclal
Reportin8 Stsndard applicable In the UK and Republic of Ireland IFRS 1021 leffective l January 20191,. Financial
Report¥n8 Standard 102 'The Financial Reporting 5tsnd?rd applicable in the UK and Republic of Ireland, and
the Charities Act 2011. The financial ststements have been Prepared underthe historical cost conventlon.
Income
All Income is recognised in the StatÈment of Hnancial Activities once the charity has entltlement to the funds,
tt 15 probable that the incorne W￿11 be received and the amount can be measured reliablv,
E¥penditure
Liabilities are recogni5ed as Expenditure 35 500n as there 15 a legal or construdve obllgatlon cornmttti￿ the
tharity to that expenditure. it is probable that a transfer of economle benefbts wlll be required in settlement
3nd the amount of the obligation can be measLtred reliably. Expenditu￿ 15 accounted for aft an accrua15 b351S
and has been Classifted under headi￿g$ that aggregate all cost related to the category. Wherè costs cannot be
dlrertly attributed to partkular headings they have been allotated to activities on a basls conslstent wlth the
use of resource5.
T¥ngible Ilxed assets
Depreciation is provlded at the followin8 annual rate5 in orderto wrtte off each a55et over its estimated usefvl
lrfe.
Fixtures & fittlngs- 25% on cost
Improvements to property. 4% on c05t
Taxatlon
The charity 15 exempt from t4x on its charitsble acti￿tle
Fund 3c£ountin8
Unrestricted ftEnds can be used In attordance wf(h the ¢haritsble objective5 at the dlscretion of the trustees.
Restricted funds can only be used for partlrular restrlcted purposes wlthln the objects of the thaTIiy.
RestrlrtSons arise when specified bythe dtsnor orwhen fvnds are ral￿d for parti¢L¥lar restrlcted p¥rp0525.
Hlre purchase and lea$in8 Commitments
ReHts15 pald under 0￿ratIng IEases are charued to the Statement ef Flnancial Artlvltles on a st￿￿ht Ilne .basis
over the peritsd of the lease.
Penslon costs and other post-retlrement ben•flts
The tharlty operates a defined £ontribution pension scheme. Contdbution5 payable to the chadty's pension
5theme are char8ed to the Statement of Financial Artivilies in the period to s¥hi¢h they relate.
Page 8
continued...

Puddledu¢ks Nursery Chalford UO
Notes to the Flnan¢kl Statements. contlnued
for the Perlod 23 February 2024 to 31 March 2025
OThEJI ThADING ACllVITIES
Period
23.124
Perlod
22.8.22
to
22.2.24
31.3.25.
Fundra15in8 events
Fees
16
180,197
161.195
161.195
180,213
INVESTMÉNT INCOME
Perlod
23.2.24
PerÈod
22.8.22
to
22.2.24
31,3.25
Deposlt account interest
442
SUPPORTcosrs
Governance
costs
Other
Tota15
Other resources expended
5¥927
$8.155
Support CQ5t5, Included in the above, are as follow5:
P*rlod
13.2.24
to
31.3.25
Other
resources
expended
Period
22.8.22
22.2.24
Total
artivities
Rènts
Rates and.water
Insurance
LS8ht and heat
Pa5tage and statkmery
Repair5 and maintenance
Oepreciatlon of tanglble flxed assets
Legal fee5
Accountancy fÈes .
7,042
7,583
2,366
1.702
997
359
21.410
2295
1388
3,804
35.137
IN47
6228
58.155
.43.560
Page 9
continued...

Puddleducks Nursery ChalfoTd CIO
Notes to the Flnanclal Statements- continued
for the Perlod 23 February 2024 to 31 March 2025
TRUStEES' REMUNERATION AND BENEFITS
Mrs S L Ireland receNed remuneration of £43,487 during the pèriod ended.31st March 202512024: .£38.7731.
There were no other trustees, remuneration or othèr benefits for the period.
Tntstèeg expènses
There were no trustee5' expense5 paid for the period ended 31 March 2025 nor for the period ended
22 February 2024.
srAFF COSTS
The averag¢ monthly number of employees durlng the period was a5 follows..
Period
. 23.Z,24
to
31.3.25
Period
22.8.22
to
22.2.24
Management
Nursery staff
Housekeeper
li
No employee5 re￿}Ved ernluments in e￿e$S of £60,(XXI.
COMPARATIVES FOR THESTATEMENTOF FINANCIALAcnvmES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
234,426
Other tradln8 acrmties
Investment Income
180,213
442
Total
415,081
ENPITURE ON
Other
309,013
. NET INCOME
106,068
TOTAL FUNDS CARRIED FORWARD
106.068
Page 10
contlnued...

Puddledu(ks Nursery Chalford CIO
Notes to the Flnanclal Statemgnts. contlnued
for the Perlod 23 February 20Z4 to 31 Maith 2025
TANGIBLE FIXEDASSErs
ImproveTnents
to
property
Fixtures
and
fittings
Tota15
At 23 February 2024 ènd 31 March 2025
6.433
4,758
Il191
DEPRECIATION
At 23 Febnjary 2024
Charge foryear
2,295
257
1.190
At 31 March 2025
3,077
3.742
NEf 8OOKVAWE
At 31 March 2025
S.768
1.681
7W9
At 22 February 2024
6,025
2,871
8,896
DEBTORS: Amoupifs FALUNG DUE WETHIN ONEYEAR
2025 '
2024
Fee5
Other dèbtors
Prepayments and accruttd income
Prepayments
1,646
46,345
19,742
L937
816
21.679
CREDITORS: AMOUNTS FALUNfj DUEWIThIN ONEYEAR
2025
' 2024
Taxation and soclal security
Other credltors
243
2,913
2.682
3,156
Page 11
continued...

pudd￿d￿ckS Nursery chalford CIO
Notes to the Hnanclal Statements- ¢ontlDued
for the Perlod 23 February 2024 to 31 March 2025
IL
MOVEMENT IN FUNDS
Net
movement
.In funds
At
23.2.24
At
31.3.25'
Unrestrkted fvnds
Genèral fund
106068
26ffi72
132,740
TOTAL FUNDS
ia6
26,672
132,740
Netmovernent in funds, included In the above are a5 follows-
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlrted funds
General fund
435.473
1408.8011
. 26A72
TOTALFUNDS
435,4n
1408,801}
26,6n
. Comparatives for movement in fvnds
Net
movement
in funds
At
22.2.24
Unreslrlrted lund$
General fund
106,Q68
106,068
TOTAL FUNDS
106,068
106,068
Comparative net movement in funds, in¢ludèd in the above are a5 follows:
Incorning
resources
Resources
expended
Movement
in funds
. Unre5trirted funds
Gelleral fund
415.081
1309.0131
106,068
TOTAL FUNDS
415,081
1309,0131
106.068
Page 12
continued,..

Puddleduck5 Nursery Chalford CIO
Notes to the Hnanclal Statements- contlnued
for the Peri¢)d 23 February 2024 to 31 March 2025
12.
REiAYED PARTY DISCLOSURES.
There were no ￿lated partytrénsattion5 forthe perfod eftded 31 Marth 2025.
Page 13

Puddledu¢ks Nursery Chalford ao
Detailed Statement of Flnancial.Artivities
for the Period 23 February 2024 to 31 March 2025
Period
23.2.24
to
31.3.25
Perlod
22.8.12
tg
22.2.24
INCOME AND ENDOWtAENTS
Donatlons and lega¢les
Donation5
Transfer from antecedent or8anis4tion
Grants
1339
835
68571
165,020
272.534
273,8n
234.426
Otheriradthg actmtles
Fundraigng events
Fees
16
180.197
161.lys
161,195
180.213
Investment income
Deposit account interest
405
.442
Total incomini resovrces
4a5A73
415,081
' £XPENOTfuRE
Other
Wage5
Soclal securfty
Pen5i0f15
Equipment
Consumables and catering
Advertising
Bank charge5
Other staff expenses
Fees and substrlptlons
Telephone
Sundnes
stsff training
271.689
IL604
896
203,571
11,776
4,281
929
30.606
510
14
L874
7,893
31.790
522
49
lJ56
272
1,142
236
1,723
0.646
265.453
SupportC05ts
This page doe5 not form part of the statutory financial statements
Page 14

Puddleducks Nursery Chalford CIO
Detslled Statement of Flnandal Actlvltles
for the Perlod 23 February 2024 to 31 March 2025
Pèriod
23.2.24
to
313.25
Period
22.8.22
to
22.2.24
Support ¢osts
Other
Rents
Rates 8T￿ wBter
Insurance
Lieht and heat
Postage and statlonery
Répalrs and malntenan
Depreciation of tangible fixed asset5
7,583
2,366
1.702
2.997
359
21,410
2,295
1406
35.137
IA47
51.927
38,712
Gov¢rnan¢e costs
Legal fees
Accountan¢y fees
2,388
1460
6.228
6,228
Total resoLtr£es expended
3Q9,013
Net income
26ffj72
106.068
Thls page does not fom) part of the statutory flnantiol 5tstements
Pa8e 15