BLACKHEATH MONTESSORI CENTRE
IA wrnpany lirnited by guarantoel
D REPORT AND FINANCIA
TATEMEPtrs
FOR THEYEAR ENDED 31 MARCH 2024
STERED N
8r•tsJ•n P 8yrr• &CoLtd
12 Old BeMl8y Lan•
Bexley
Td.. 01322 SS5530

BLACKHEATH MONTESSORI CENTRE LTD
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
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13to15

BLACKHEATH MONTESSORI CENTRE LTD
DIRECTORS. REPORT
FOR THE YEAR ENDED
1 MARCH
The direclers are P￿a$*￿ to present their annual rBPOrt togethBr wilh the finarKiil statements of th8 c*8rity for the y¢ar
ended 31 March2024 whthare aL%o preparedto mèÈtth8 requwerrnntsforadirectors, r8POrt8nd accounts forCompani¢$
A¢t purposes.
The finan￿81 statements compty wilh th8 Ch8fi1*s A¢t 2011. the Compon*s 2LW. Ihe Memorandum aNI ￿ticleS of
A$8ociots"on. ond A￿unts"n9 and Report"+ng by charl￿.. Ststoment of Rocommndwj Pr￿￿¢8 a￿lCaN￿ lo charffje5
preparing theiraccwn15 in accoTdarKewth th& Filw￿la1 Rewtiry StaThJard ¥y1￿ in the UK and Republic oflreland
IFRS 1021 lefffjthNe 1 January 20151.
PURPOSE AND ACTMTIES
The Blac*￿8th Montessul Centre fcenlrol wai •stabltsh•d With tt* purpose of all >*ar education
doy for¢hibJwn ag•J b¢MY•n tsy) year5 based on hS)nte3wn' syjtwn.
Tho Centre provkles a curriculum 8ncornpa$sin9 both the Monto$s￿ Mèthod and the Earty Years Foundalkin Stag81th6
r•commot)d8(101$18d re9ulaied ¢urYtulum for nurn•ry 5chOoL%l-f￿￿Ming an u￿￿￿tsOrt In ￿r¢h 2020. the nursery ha$
b8•n gr•d8d 4$ Good. Togethor th•y wovKJ• thikjrnn wth an +¥VQrtunty lo **b*k)p • wbJ• rnng• Ot •k*s.
The main aim of a Montessori education is lo cuthle aThJ slwnulate a chihj's nzturnl curiosity and desir8 to ￿arn. All
¢hlk1ren at th¢ Bkqckhealh Mont88wI G¢ntr• •r• oponly •rKourag8d by t•ac*er8 to l•am and exFenenc• through thair
own mob'v•tion •nd inhr•¢tsons. Th• Aurn•ry g•rd•th, thvay at th¢ r•ar of Iha buiklirvJ, provkJing a iafe
h?￿n ler thè thi￿￿rt to play in all W•Athèrn. #dm'bèi ar• off•r•d indu0& tl•nc4. muyc. $port and
Fr•nch.
The Centre encourages the thihJten lo *t ¥ ￿￿NhY ltsstyk so rn￿1$ wg prpparnd on sita by lh8 Centr•'$ own cook.
and doity menu8 dv4played on Ihe notr• board fcrf parenVc4fB¢8 iThformatK•n. Menus •r• wri•d att¢￿ing to lh•
¥*?¥on, using local sUppl￿ryd for tyji lrnih rn•aL frurt and veg•tsb￿. fAntr• folM •d¥Ke giv￿ by Th? Chiklrgn'i
Foott Trust. the NDNA. aThJ London 8oroW of L￿*haM to wiur• hoathkiii and mosi apprwlate l¢)od lor our
chik4ren, refi•cting the ¢utturn• of chlklren 4ltsndiry ow nurwy. •• wdl u I￿￿ othgrparts of th• wor￿.
Th• C•ntrg opens from 8.ojam to 8.(￿rn. Monday to F￿1#Y. lor •*hl ol yg•r. Therg th one Intak8 each
y•ar in sep￿mber, when wo wekorthi Chi￿J1•n fftlo th• C•ntr• who or6 apd nin• mMth• or ohJ•r. Th¢ C¢ntrg
rn lor up t• forty ¢hiklr¢n attending on eith•r 8 fijll or a part twn• b•iro. Th• ¢hibJr•n •r• divkl•(l into thr•0 da8￿5
of bvolw to fourtaen per claB8, and Ih8re are a minThum tsl i••¢Pws for oKh dau. Each class enjoys im•yinativ•
pl•y, •xpr•iilv¥ ¥rt•, ¢on•lrycth)n, •tory Iwrn. g*rM8. th• g•id•n. c¢¢&ty. •rK1 •lwJ Iwrn, bal pod, ¢)n•
lo one time wth teachers.
FINANCIAL REview
Th• Conlrn h pthcipalty ful￿d by the 1•0¥ charpd to ￿r•ni* on a r•nge of ses5th eptsjns. Oth•r incvn• li
gon•r8t•d frw regi$tr8Jon f•01 ¥fKI RIgu￿r￿mdrn￿ng happen Ihroughoul tho yoar to ofiab￿ projocls
lo b• undertok•n. During 2021-2022 1 comp￿• r•lUrt$￿hm•nI of the ¢hibJr¢n # todèts was camod out. Pthns remain in
place for the relurbi$hm•nl ¥VOfks In lh¢ Lthv•r Ground Floor 4r•• 10 rncomm•nu. how•v•r th• Board d•cidbd thai all
rofurtlxhmentwoth¥ should ¢onbny• lo b• pul on hobj unld finano•l ¥thJ•liM irnpr•¥￿. post pandern￿. as th• intik•s
for both 2021.2022. 2tr22.2023 iignffic4nUy b>w•r than prwartht Tht¢ W98 due lo ¥ Change in
hi￿¢8￿ rnouirements by f¥rnil*s. iubsequgnt to th• pand•mt. ralh•r th•n a specffic issue 10 the nursery. The Ltxgl
Aulhonty •dwwd Ihal ¢he Earty Y••rn ￿lor u a *hobg and had a $1•nff￿rtt dtyyntum In rgquirefftsnl for plac•s.
Th• 4ir•ctOfS consKlef the for the ye•r lo ￿ •• OMFec￿l in e4Jrrnnl c4im•t•. Ih•y JhrM [￿t inc•min9 ￿￿Ur¢
w•r¢ e3.38e 131 March 2023 ￿t ov¢going £18.5C¥)l. The dir•d¢rs they can continue lo 8ch*
th•lr obl4¢u￿$ based on the re8erweE in plac•. ar¥J th• g#ns for Thprowm•nlwhith *hou￿ •nh•nc• Ir￿orn8 In the fiJtur•.
Th• waftlng Ilst8 for 2024-2025 h•N* 25 ¢NkJr•n w th• Mcur• ht 25 on lh• Ivit. although thii nurrknr ro l¢)w•r
agjin, a rèas6nabl• respon>? lo Inlts•l place offern has rnc•i%*d. Th¢rn are no g￿ranteed pl•(￿ 18ft for 2025, ond
l#milies are reg18tering en thè Mi•rvo lili fer thai intsko. Thgre aro atroady farn4￿ ro9i$l•rgd for 2026 and 2027. and th•
vel oferv4uiMs gboul r•gl$lr4￿fj fem•in$ consi$*nt. Uptake of ￿•¢¢$ m S¢pt¢thr 2￿23 *)crnawd comp•r•d to the
inlAke in 2022. whth sorng thihlren frdnin4 knt•r in t•mi and durirvJ Spring Torm.
Th¢ Board will contlnue to wn$bJgf Ih• ¢ption of *icr•a>lry ￿paCty al th• nurn•ry Ihrovgh CoffP￿li0fi of buihjing work•
in th¥ basamanl. Th• Board •r• toking into account tho cost ol this woth. whKh wouky polenlkAIty in¢ludo finandrvJ costs
8$ well 88 con$tlU¢lion co6t8. Ind whether tho kn¢1ga8•J revenuo frc¥n ￿10 • furthor 16-20 pk•s w¢uk1 tyrin9. Th• Board
are also consKlertng how an intreaaèd eapaety ￿U￿j •11ocl fv ThLnOry M a who*. ¥ft¢r hovlng Nn lor •1 • 3
40 pk•c• nur••ry.
Page 12

BLACKHEATH MONTESSORI CENTRE LTD
DIRECTORS, REPORT CONTINUED
R THEYEAR ENDED 31 MARCH 2024
DIRECTORS. STRUCTURE. GOVERNANCE AND MANAGEMENT
Blad(heath Montè550ri Centre Ltd is a company limibj by guatantee govgrmd by its and Arts"de$ of
Associauon dated 27 Juna 1982. 11 is re9lStered as a (*anty wth Ihe Charity ConMnissb)n.
The directots who s&Ned duriryj the yearwore..
L J Athinson
V Jeroft*. who also acted as Cempany Sécmtary aTrJ Manwger, wilh r•spOnsil￿Ify lorpayroll & other odmini$trativ8
tasks. and
G C Comte
Directorn havè apptynlad under th• of thg v*n￿￿r#J￿n of Auod8tKryn Io 0¥8rn00 the
man#gom0nl of C•ntr8 and lo ensure that Ihe cent￿ remain$ c(mpebM m Ihe k)rAI nursery sector.
Oirecte￿ are recruited Ir¢yn the ojrreni an# pa$t par8ni base. AU pr05peth? nwnino01 810 invited to attend J b￿r￿
m861ing when they are askfd to provhJ¢ d¢tsils of thoir backgmuTra •n¢J ￿ll$. Th• board undart8kes an ovalu#b"on ofth?
omino8 and approvas any appoinlmonL
Tho operatmal manageThJTht of the Centre ts th? rt3￿￿11ty ol the Ho•J of C•ntr•. Jan• Skilen. Tha dirvetorn
of the Centro mwt rnonthty ￿1h Jano. Fon￿￿ minutes ar• writt•n •rbY di1iy*utsd after each m••b'ng.
Th• Canlre, through its reLglb)nship wlth pornnts, oJrMt and past ha$ b) dr** on A w•ath of
profe$S￿n81 support whKh is m05t import•nl to ¢nsure tost effeclNe managmnl ofth• Contre.
The Head, with tht usisiance of the O¢puty He*J and OTre Manag¢r rov*w thg Centre's Oio•s •nnu•ty. •nd orn•￿1
and upd•to as 8￿ropriate. knic• OTh polw * •ou9ht from the Local ￿JIhonty. •n¢ the Haad an5urn$ that th• polic*s
meet Of5t8d'$ mouirements at all times. Ch*r 35 polt*$ are in place to ensure th• safoguardmg of thg chI￿ren aThJ
famili88 attending th• C•ntre. ¥$ well ai the 11off workwy at ¢￿tr*. The c￿tre also has pohoes that out the
C•nlre'$ comrnilrnenl to coUntsrd￿dn￿nIkn ofony kirKt and topromot• poith* for all f•mil*$ atsn4irvJ
The Boaryj and tho Head rgvk8W staff salwrk•s annu•lty, ¥ThJ fftcr•as•s are •w•rOod b•sed on the budgat arislng from
pl#nned fe¢ Increa5•5 and stsir m¢rit Thg C•ntrg contribut•s 10 • workptKe F4JnsDn Sc￿MI lor •t•ff who have cpl•J
in, hnd folk)w8 current Gowmm•nl guK1oh"no$ on contr*>utw Th? itaff ha¥e a g•nwous holK1•y alk)wanca.
d•￿ndent on knngth ofs8rt•. abng Wrth p•#J ¥b￿nc* for ￿￿kno$S. siaff turnover ¢1 g•n•ralty kyw. •Th1 mony mgmb•r¥
of staff h8¥e worked at the C*ntro o¥•r fthen y••rn. Th? C•nty• CPD for •tsff. •5 st•tylOry tr•￿Iry
requirernenll 8uch as S¥logvording and Firat A￿.
RISKS AND UNCERTAINTies
Th• Oirnclorn adw•ty r*￿ewthe mw'or rmkx thatthe Centrel•ceJon • wthrb•8￿•nd belewa th81 m•lntalnlng
At cuffent th1¥. ¢ornbiMd wilh an annu81 revknw ol ￿ancial syslern$ will provvJ• suffiuent resourcgj in thè •v•nt ol
Idverne condltsons. Following the Coron•Tr&iW$ pandamK. the DYe¢torn con*nu• towo¢k do*ty with the Head of C•ntr•
nd Office Manig•rto monitorlh• fin8nc￿lot1b4ty. Incr•as•d foM r4 bgiTrJ pthc*d on c*anlng. PPE, risk aBs•iiments
qnd polioes at th• nurn•ry. ai w¢ll ￿ fln4ncsal In oNl•r to •rour• wntinuity 0lprovk8￿Th ol $•rvic•, Ind ¥ieom•.
Th• Dlr•ctors *n$uro thai the nursery & fvlty i￿Urnd to ftwl ltylthtyrm of•t•d rnqulrnmwts. Polld•• arn kn plic•
10 minimi* ri$k lo the Centr• ind th• f•mil*• thèl attend.
Th• Directors r•vww oth•r si￿*￿0n8 Ih•l ¢ouk1 to th• C•ntr•'• itabllty. For•xwnpl•, th• Introduction
of 30 hourn fvnded chi￿￿re for•lvJ*JK* 18mil•s coukj pOtynt￿lty c•uwJ fin¥ndwl ham) to tho Contre.
H￿9¥*r. Ih• B￿r¢I rev￿d the JituatK>n •nd 1K•l￿d wth the Local ￿jthorty. ond found # wiy io Introduc• th•
Addllon81 funding for par•nts. withoul ￿￿11￿ a kxs ol incomo 10 tho nurwrf. As mor• yrontj w•r• •nquinry 8boul
th8 additional lunded hourn. Ihe Board con•thred Ihal noi off•riThg the •JdthAI lur*llry roduc• appliunls for
Th• Hoad 6n3ure• Jhe kggpi abrn•ii ol othgr 1gllkng¥ by wrU*allng In Loc•1 Aulhority meeting•
and training wsiion•. This th• Bo•r¢ to ￿ aw•r• ol th• I￿￿h￿c•￿ ol r•duc•d •nrokn8nts, couK1 in¢ur •
downlum In kneom• lor lh• C•ntr•.

BLACKHEATH MONTESSORI CENTRE LTD
DIRECTORS. REPORT CONTINUED
FOR THE YEAR ENDED
1 MARCH 2024
PLANS FOR FUTURE PERIODS
Duè to the thnlurn in enrolrrtsnts in 2022-X123. Ihe Board agreed Ihat onty •ssential ￿Par[S 5houkJ be carrlod out. and
that the plans lef thè refurbL4hrnen¢ ol the Lower GrouTha Floor be put on hobj. in orfar not lo dep￿te incorre ar
re$etves. The Board'5 ¢p￿10n wa5 that luth1$ h•J twn invested carefulty over Ihe prac8diThJ yearn in the 9rnd￿l
r9fU￿lshMWt olthe classrco)ms. kitchen afyj bathroom. and ￿ Ibjht of a reducton in applutK)n8 for pla£*s. itwas not
appropriate to ¢XF4nd lund$ on a ￿lb￿h￿¢n1 proje¢¢ to ￿KI￿aSti spac￿. The Board are aLw consKlering
dth¢u￿.o$ lac8d by the Earty Years SKtor in th• wrr8nl dimale. partioJ*ty rngardirrfJ recrthenl ol staff the
appropriat• ￿¥013 of qualific8￿n5. ￿ èXF*c*d. costs of usirv4 terrw8ry stsff of a hlJh level to ensu￿ that rat¥is are
met at all tsmes irnpacled exF•ndituit. A I￿$ on rewitm¢nL 8nd planned expenditurg on hvjhty qualhfed porn￿nent
3iaff providing three teathing staff per dassroom, will mgan fvture us¢ ol t•mpornry staff wiu t4 sBnfficanly reduced.
The Board ar• continuing to invest in staff tr•fftirvd •rO ￿*1￿1￿9 ol thtr re￿ining staff. as Ihe 8oard recogn￿ they
are key to th8 success of the nuTrery.
The Boaryj continues ￿ r¢¥*w ¢hg ￿$ts to the nurntry, •nd th* ol incorrn r•quifod to ensuro th• nU￿ry rnrnains
financialty vIab￿. Feg increas05 arn r•th**d ￿l¥lUty, and fin•nu•l y•afs ￿Ve¢ of WIW form the b8￿5 of
analys￿ for fae incre8aeJ.
Tha Beatd ar• akn continU￿g to fo¢JA on lh• kry•¢t ofthe Go%wmft*nfs ar¥J Locol Nthrity'i rth •rvJnd pr￿1r￿a
fvndad hours. The slrin9ent DU￿S for offeriry lurth ¥TrJ how paronts •r¥ ¢h•rgad for con5umab*s conc4m$
the Board, as $houk1 parents Opt to r￿t pay lh¢ con¥uMab￿S charg•. rt wdl have ¥ detrimontal financwl gffe¢t on t
nurnory. The Board has agreed that a very limrted nvrr*eroffuntsgd onty pL•c*s c4n bo offer*J, and pAr•nts to
appty lor one of those pla￿8 shoubj cort￿￿ Board to dtSCUss th• m8tt&r.
Th• Btsa￿ are aho considorw)g r•ilructurYvJ 19• wofikn ol th• nurwy, lo ffltyat• iny of I[Wr￿ duo to
parents opting oul ol the CO￿U￿b￿ eh•ry•.
The 80?rd will b• fecusslng on ¥18rw cAJ•ts ha￿ inry•w8•d •W#fic•nty, •rKI loJkMIg to (•duc• o)Jts in
lutur* y¢arn, whor• posiibl•.
RESERVES POUCY
The dlr•ctor• are of the opinlon th•t pr•aont lovel ol rMourc•J t￿ther Ihg of d•s*A•tsd ￿￿[¥08 li
4d•qu•t• to ¥upport th• Con￿￿•1￿)￿ ofth• C•ntr•* •¢kn f¢f IM m•thwn toTh. •vM ol • pr•Jictsd downtwn
In ¢hillr8n attendiryJ.
Any ronovalion woths arn cty)sidered cor¢fvlty, •nd prfontssed by urgeThry. In roc•nt y••rs il w¥s
no¢e8¥9ry lo ¢•rry wtcosty repan. InPre¥￿SY•4rlfvndahad nott••n *￿￿•bI9 10 carryoutwarts to • h￿h it&￿ard.
ausing additional in tht•r￿arn. The 90ord car•fvty con$thr8 ••th pooclto•Mure th¥tfvnd$ iynt wll rew
malntsnanco iMu4s lor a numtyerolyearn. rn¢hw than b•iThJ'quKk fixei.. and lo •n•ur• the long t•nn affordability ol t
project.
Th• Office Mana99r reputs •1 Bo•rf of any POWt￿ bad d•b￿rn. •r¥J *)￿(¥ b sought on how to r•wup
unp•KI ts88. Th• Bo•rd's polKy li to take W •cbon to w mon￿• Q4TrJ. B￿rd find¥ that b•d dlbts do not
occur regularfy. and •ny pot¢nfjal bad debtorn •r• mknw•J •r*J man•god by I￿ Olfic• M•nayr.
Any •xp•ndltur• ov•r £1,OW r& discussed •1 8o•rd M•¢lirAJs and 8gughl for tTh• •xponal¢ufg. Manag•m•nl
Account$ ar• ffjvi•w•d t•rmty by lh• Offico Manag•r to the Board w upJ•t• on ir*¢nhi •nd •XF•nditur•.
Pr•wous IosBes hI￿O￿VrYo￿ lo th• n•trJr•ofr•pAh Ind m•lntenwc* rnqulrnj. Th? Bo¥￿1 lulty
th• co$t Imp8¢t ol the repalrs •nd that tho r•qutrrrnnt ty ¢4rry out r•p•trJ ¥nd mthnt•Mnc• r￿#￿At•d I
Ip•nOiThJ of Mi•r4*•.

BLACKHEATH MONTESSORI CENTRE LTD
DIRECTORS. REPORT CONTINUED
FOR THEYEAR ENDE031 MARCH 2024
REFERENCEAND ADMINISTRATIVE DETAILS
REGISTERED OFFICE..
Independenis Ro&
Ltmdon SE3 9LF
COMPANY NUMBER". 01622834
GFWiITY NUMBER". 285105
BANKERS..
Nawi Bonk
ACCOUNTANTS.
8rend?n P Byme & Co Lld,
DIRECTORS RespoNSIBIUT]ES
The #bre￿Or6 are ￿SpOnsIb￿ for preparing an annual report aThJ finarK4al $lalwwnts in 4curdanc• wlh apph'cablv
and United Kirytsn knunliro Sthndards IUnf*d G•n•r•lty kt•pi•d A¢¢¢￿￿ting Pfoclcel. Comp•ny I
requir￿ the director8 to prepare fiThanc4818tsl•ments aach yoarwhK* gr￿ a and hir ¥i•w ¢lth• stst• ol •ff•irs
ol the ch8rkiablg cornpany anot ot tho incomin9 r￿[¢4$ aTr3 oppkation of wwrc•s. induding lh¢ inGorrn and
expondilum lof that period. In weparini the fw)•nci•l slat•ments. tho direthr• •r• reqLtv•J lo..
ct iuilabkn 8ccouthg po￿￿ •ThJ blen mo*nty.'
th8 rnèthtsjs •) tt* Chariti81 SCW,
make judgeThnts and •sbmat•s Ihat arn rea50nabkn •Tra kwJty)t
slats whether 4pplKabk UK acc>Juntin9 51andard¥ boon loltr•Md, •ut4oct to any matert
departures dI￿￿)￿d and •xpl•inod ITh th• fin•rt¢i•l sl•t•m•nts:
prepare Ihe finantiil ststemènts ¢)n IM gort ¢>)nc•m b••lB unl•M it * h1•ppr￿1* fr) pMium•
that lh• ch8nty wll conlinuo in ￿1[￿.
Tha diroGtorn arn rnipoM*lè lor k••pry pffjper •Koun¥ng r•cwd• thatd￿0•• wllh rn••oMbl• acGw•cy Jt •ny lrn•
tha finencwl polit￿rt ¢1 the ch•nty to •Mbl• to ¢Asure that Ihe finanual ¥tAt•m•nt• ¢¢mpty with lh• Comp•ni
120Ce. Th•y ar• a￿0 reSpo￿￿1•10rsIflguarJIIY tsassets of th•chantyAfva th•9roup •nd hence taking r¢asgn¥b
stops for th• prnv¢n￿n and d•1x￿on ol fr•wJ •ThJ olh•r lff•qulodts& Th• dirnrtorn •r• M•WAsibb fortr* rn•iThl•rs•n
ond integrity ¢1 lh• corwats •ThJ finanual irrfoffnthn inc4u¢Jed on the ch•ritsbl• company's w•b8rt8.
STATEMENT AS TO OISCLOSURE TO OUR ACCOUNTANTS
In lo far ai Ihe dlre¢torn ¥ro owar• at th• ofaFWng ourwnu•l rnpyt
Ih•r• * no inform•tion. ￿1[￿4 in1)rmit*￿ n••dvd by th• •ccowit•nl kn c*>Thr￿¢t￿￿
pr•yriry th•lr r•porL of whkh th• accouThtsiit 18 un•w•r•. •nd
4ir•ctorn, having mado •nqu*l•s ol dk¢dorB and Ilw •¢thuntanL that th•y owt to hpv•
Indiwdualty takan. h¥w4 ••ch l•ken ¥H $t•p that L• oblwl to toke ¥ ¥ d￿￿Or kn ord•r to make
lh•mM￿l •w•r• of •rsy rf•¥ant inforrnAtion •nd to ••i•Wiih th•1 th• •ccountsnt i¥ •w•r• ol Ih•t
Infomwtkn.
ctoria JertyN•
Page IS

INDEPENDENT EXAMINERS, REPORT
ON THE UNAUDITED FINANCIAL STATEMENTS TO THE DIRECTORS OF
BLACKHEATH MONTESSORI CENTRE LTD
FOR THE YEAR ENDED 31 MARCH 20
In accord8nc6 with the engageff*nII8tterda￿ 21 October2coe. and ￿￿d#r1￿¥s*$iY0￿ knfuml yowdutss
underthe cempan￿$ Act20(￿. we have cornpiled tre financi81ststemenfsolthe companywhth compme the
Slalement ol Financial Adv￿$. BaLance Sheet and the ￿lated notes from the accounb.ng and
InlorrnatK)n and exptsnations you ha¥¢ gw) to us.
Th18 report Is m8d8 ￿ the Company'5 Board of Direclors. 45 4 body. in •G￿rdIn¢* with th8 l&mH of our
•ngagement. Ourwork has been undert*en so thalwg mKJht Compl￿ thefinancial $lateTr￿nts thatwè havg
l)een engaged to Cx)mpi￿. rewrtto the ConwnY$ Boaro of Oitsaors th8twe hatst done $0. and Stsle thosa
matters that we have agreed to slate to them in lh￿ report and for no Olher Pu￿05e. To the fijlknl extent
permitted by law. we n¢t acc¢pi or a88umo rwn•ib4rty to anyone oth•r than th* Comp•ny and Ihg
C¢mp•ny's Board ol Direflor8. as 8 bw. for our orfw lh* IWL
You have acknowkndged on the Balanc* Sheet for the year ￿ded 31 Marth 2024 yourduty to ensu￿ that thg
cornpany has kept proper a￿Unt￿9 reeryds ano ¢0 pr¢pare financial statèn*nts th•t gNe a and fair viww
under the Companw k12C(fj. You rnn*•fthattr* company is •xwryt frryn s*thtthy wuwM)&ntfwan
¥udit for tho y•ar.
W¢ hav• not been instruthd w carry oul •n a￿)bl olV* firbunethl statements. For re¥$on, wa not
¥erf￿d th• •cu¢r8cy or¢cffipkntsrnuofth• *tsJJntir*d r•cords orinfrymo*on•ndè)¥4inaih)nsyou ￿¥8 gfven
te us and we do not. thgr¢forg, expr•sJ any opMi*Jn on tr• f￿an(la1 $ts1gnwnts.
8rendan P Bym8 & Co
12 Obj B•x* La
e•xloy
Kent
DA528N
Page 16

BLACKHEATH MONTESSORI CENTRE LTD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Gon•rnl
Fund
R••trl¢t•d
Fund
2024
2023
Incomlno A￿OUr¢•8
Ath'tiès for ge￿ratir* fvJt*Y$
Fa•s R8c4vabl8
603.147
603.147
,983
VoluntAry Inc￿rne
Fundrai3ing
Grant$ r¢¢•N•d
2,986
3.931
Other I￿A)rn#
S.$38
2.986
611671
R•SoUrc￿ Exp•nd•d
Charttsblg activrtie8
Educational
$eMC
Colt Of9•r￿ratsng vdunt•ry IiKcffi•
Fundrwsing & pubboty
Monag•m•nt & admlnijlration
519.656
325
519.981
491,103
325
N•t loutyolngl I Incomlng rn•ouv¢M b•for•
tr•n•f•r•
725
2.e81
3,386
(18,$9QJ
Tran5fern
N•t loutgolngl I In¢omlnq rn•oUr￿l forth• y••r
725
2.681
3,3e6 (18,5CQ)
Total fuTrJ$ brought loNArd
Totsl fund• eath•d forw*rd
371714
430 632
427 246
The company made no rectyJn6s•d g•ln8 or oltr*f than thow rep￿t•d in tre in¢tyn• ar￿ exp•ftdi￿r8 g¢eount
The $latemonl offinan¢wl aClMtNis Ind￿￿1• •ll gains •nO k)ssu
All incorro pnd •xp•ndilur• derN• Irom conlnuin9 OF•f•bon8.
Page 17
The notès ¢)n pagos &13 Irffi) part ol the•• rThr￿lI stat•n•nts

8LACKHEATH MONTESSORI CENTRE LTD
STATEMENT
F FINANCIAL POSITION
AT 31 MARCH 2024
SHE
2024
2023
FIXED ASSETS
Tangible ass*ts
292,243
315,359
CURRENT ASSETS
Debtors
C8sh at bank an(1 in harwj
4,222
232,877
237.099
1,857
22T,692
229,549
CREDITORS.. Amounts lalllng duo wlthln on• y•ar
NET CURRENT ASSETS
10
(72.2751
IT3,663J
TOTAL ASSETS LESS CURRENf UABILMES
457,C67
4T7.245
CREDITORS: Amounts falllng du• •ft•rfflorn than
y•*r
NET ASSETS
11
126.4351
143,999?
£ 430.632
£ 427,246
THE FUNDS OF THE CHARITY
Restricted in¢orne
tr￿rn* funds
14
58,918
371,714
56,257
370.989
TOTAL CHARITY FUNDS
£ 430,632
£ 421,246
In apwovbLO Ilw•finarthl stathn￿ts ud¥•cMoftr•cuhyny w•1* LJ)nfiM1tr*￿*￿.
For the y¢or in quest￿n Ihe ctymp•ThywM ex•tr¢*tN>) urrtl•r•xtkn 4T1 oftr* 2C(e
fo18￿n9 lo small cown*s.
Dlr•¢ior8' rn8pon8ibililhrys..
11 The mom￿rn have not Ih•cry•ny 10 oblth•n 4￿fOr •t*)Mnts fortr￿ ywlfv (pMAtS0Th In
cordance wilh $ection 478.
21 Th• dirKtors •cAnowl8dgo thdrrn¥%￿1kn*)fC¥lry￿*y4￿th f•qu1r•n￿nl• ol th•kltwlth r•ip•ctto
accounJng •￿1 th• ol •c￿Unts.
Th•s• •ccounts hA¥e pr•p•r•d kn •cu¥dJn¢¥Jwlthth•proih*rA•F*•bl•toccrynth •ut*ttoi
8rn811 cornpanvai, rogim •TrJ Iho Charityel A¢1 2011.
Th•iecous*• ￿r0 •p￿￿dty th• bo•Yd ofdirKt¢rn on
o￿li11201L
Page 18
Th• not•s an p•g•• fv13 fomi part of finand￿ statwMnl•

8LACKHEATH MONTESSORI CENTRE LTD
NOTES TO TH
CCOUNTS
FOR THEYEAR ENDED 31 MARCH 2024
ACCOUNTING PQUCIES
B**lt of prnpar¥tion
The financial $lAternents haw been prepared ￿ accordance with *uounty"ng and Repornng by Ch4ritses.' Stalemtrnt of
ReGomméndad Pr8ctiC8 applicab￿ to charrt*s prepaiing Iheir •eCo￿ts In acuJntart• with the FinancJ81 RepDrbng
Standard applLabk In the UK and Republ￿ of I￿land IFRS 1021 leffèthe 1 January 20151- (Charities SORP IFRS
10211, the Finanoal Reporting sta￿lar¢ aOKAble in the UK and RepuNicol Ireland IFRS 1021 and the Compan￿$ Acl
20C6. Blackheaih Monts$sori Cenlrn Ltd rreets the definition of a Publ￿ be￿fil enbty under FRS 102. A$88ts and
liobilrt*s are In￿￿lty rwnLwl athMthnc4 LUtor tran8aclM Val￿ othenvw it3twJ in Iho reknvaThlaccounting
policy notel¥l.
1b T•nglble flx•d *M•ts
Lsnd and bu**'ng •reohown #t￿l91n81 hi$ton"ral C4bSt fUrthèrdw•uaIb￿ is noto)nsbJernd r•w8ary dw to th•
m•lntsnanc8 and upkoop of th• budding ur*J8rtaken.
Otherfrxed are shown att￿1 deprwation W￿￿ed. •ftor laking occ¢urtt of•ny qr•nt• r•c•N•bl•. •t lh•
folb)wing annual r8tts in ord8rtowrit• off •a¢h •ss•t over it¥ •sl¥nal•d ￿￿tul1rf• by th• fgduLing balaneo m•ihod.
Plant and equymnt
Fixtu￿¥ fittrys
Equipff*nl
25
25
1¢ P•n•lo
Th8 company 0￿rat09 adefined wnlthtK)n sdwrna￿Ih* ¢hwy r•)reMnts th• #mounts
payabk by the wnpony io thts fvnd In th• y••r.
1d I￿orn•
Income comprisM Iho v4lu80fmknof•duul￿￿ld4Y e•r• forchsSJren. and s•Nrns in lth• nom)•l courJ•
of buskn•M ba$•d on Almd each Iwrn. Th• c4xrwny r4 not rtquired to be rwmterod lor VAT.
Dwsits tak•n •r• l*bJ 45 Iwbilths un¥1 ar• rnfijnded.
1• Int•rn•l
Int•r¢8tonfuTrJs htrkl ¢n dopojit M ind￿j•d r•￿￿bIl ar￿ the ￿ount b• relablyty I
th•rity,' thya i• nomiaw upon notyfiution oltm orp4yabl• by ts B•nk.
If Fw
Unre$tn'ctod fvnds arn availablp toynd on •ctiwt*s th•tfvrth•r any of the PUfF￿•s of tharity. O•$*natod fuTr&i
#r• unr•slrtcted orth• ¢harfty whth the dlrrydm h•b• ¢JpvJ•d It dO￿tion lo *t to for •
•p•cffi¢ Pur￿•.
lo Exp•ThJltur•
Exp•nditure. In¢ludes VATrf•ppllc•bl•, and ts r•c•¥nLwd orvi th•r• h • *•1 orconitructiw Obhg8t￿n lo m•k•
payrn¢nl to 4 thifd p8ty, It ts prob•bl• th•1 sothment will b• rnquir•d And th• •ff￿nI of th• ob￿•￿.0￿ ean b•
m•#$ur¢d reliabty.
1h Fln•n¢l•l
Tho Charity onty ha¥ ¥ b•nk rnuur•d •l•rK*rlbwd eMI ￿ th• •ll•¢tiv• Int•rnitrrntr￿d.
LeGAL STATUS
Th• C•nir• th a cowny limii•d ty gU￿n￿o ar￿ h•$ caprt•l. In th••¥•nt oflh? th•ity b•thg wound up,
th• Iwbilty In reiwd ofth• gu•rntth• * kn¥t•d to £1 P•f rr•r*•roflh• ch•rlty.
Pale19

BLACKHEATH MONTESSORI CEKTRE LTD
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
NET OPERATING EXPENSES
2024
2023
Nel osxrating ey
Distn"bubon costs
Administrat￿* gXFWSOS
DeprEaabon
11691
555.033
24,520
(229)
524,418
24,539
£ 549, T28
OPERATING ILOSSYPROFIT
2024
2023
ILossyProfilon OTdinaryaclMtw N 8tabJ
after thar9iThJ'.
Depwation and amthsth.l￿ oftsTrJth Asa8ts'.
POnSK￿ CQ
24,520
8,773
24,539
9,255
INTEREST RECEIVABLE AND SIMILAR INCOME
2024
X123
Bank intern5t re￿￿etIti
cornm18¥￿￿3
4.975
159
l.T52
Oth•r fvndiry
INTEREST PAYABLE AND SIMILAR CHARGES
2024
1023
On bank lo¥n$. ov¢rdrafts and olh8r loans
Repayabl• wrthin fiva years. by instalrnents
STAFF COSTS
2024
2923
393,889
49,785
31.433
8.773
412.027
2,410
34,310
9,255
T•mpor8ry and 09¢n¢y￿a￿
Social security c£4ts
PensvJn ¢t4ts
£ 458 062
Average monlhfy* ￿adC￿nIw￿S 18 #tsff12023". 18 8tsffj.
No employ995 had employ0• t•rth kn •xc•ss 01£8).(
None oflho pernonn81 ¢rAts orn altributsbla •* o)8tson r•strktod athitw.
Paiello

BLACKHEATH MONTESSORI CENTRE LTD
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR E14DED 31 MARCH 2024
TANGIBLE FIXEDASSErs
Land &
T•nglbl•
Bulldlng$
Total
Co•t
At 1 Apdl 2023
Additions
At 31 March 2024
274,341
275.986
1,404
277.370
550.307
1,404
551.711
274.341
D•pr•GS•tl¢n
At 1 Aprl 2023
For th• yegr
At 31 Mafth 2024
23.014
211,934
24.520
236.454
234,948
24.520
259.468
23,014
N•t Book Amoun1•
At 31 Marth 21724
£2S1.327
£40.918
£64.032
£292,243
£315,359
A137 March 2Q23
£251.327
DEBTORS
1024
Trade dobloi¥ and pr•p•yrywnl•
10. CREDITORS: AMOUNTS FALUNG DUE ¥MTHIN ONE YEAR
2024
2023
Tr•(18 er•diior•
cruAls and •undrycr•ait¢r•
Oth•rtsxts and 80ry¥1 wilty
Olh•rer•ditors •nd d•f•rMd hi¢offthi
274
12,983
10.917
48.101
0.286
6,913
11,130
49,328
683
11. CREDITORS.. AMOUNTS FALUNG DUE AFreR ONE YEAR
2024
ao23
Bwnk l3•ns ond thnrdrtfts
£26435
£43999
12. TAXATION
Th• ch•rity 18 •x•mptfrom tsx M InrAirr• •TrJ g•ins IAlwqtwlthln ••ckn 505 olfv Taxm 1988 u any
•XC•llo1 of incom• o¥•r •xpgThJitur•. 11 mxl•. w• *rf*l*d to Its thgritsbl• ¢b￿ts.
Part¢111

BLACKHEATH MONTESSORI CENTRE LTD
NOTES TO THE ACCOUNTS
CONTIN
ED
FOR THE YEAR ENDED 31 MARCH 2024
11 RESOURCES EXPENDED
Anaty3i¥ QleXpendtyr¢￿ thwtsblB *ath'.
2024
23
Educa￿onal a¢￿¥1￿0*
Staff c05ts'
Training & reuuthwt
Pr9rn￿.
c*efiig
Equiprn8nt & rnat8ria18
Office and othgr ￿ts.
Deprnaabon"
435.4
414,224
4.05
29.227
12.656
26.813
15.7
11.757
1.B93
2.073
22.085
519,
488,281
C￿1 ol obtalnln
fund•
M•n•
•rn•ni •nd #dmlnl trnllon
ofvthth G¢)￿￿¢• IJ £1.2￿ {2023.' £1.2eoi
46,025
Staff ¢osts'
Other C￿￿¥..
2,979
210
3,24T
230
Off¢• ond athw c45ts'
HI￿ costs
Cornputer costs
Le981 & profw¥xal
Bonk charg
Insur8nco
Dep￿a￿ty).
11.152
3.295
10,093
2,793
477
17,536
2,454
{2S8J
18.861
81240
e07 ge
571521
Th• ehifity 5Th￿•1￿ kY•Thttlki¥ Iha costs ol h)to •thii •du¢•yr￿ or c4kngorkn•, tho•• LY)its th•t that cob*r
both aeUvltio1' •r• Ihan apportK*ned bu•d M an Ippro￿M•1￿￿ of Iwn• sp•nt GowmMc• •r• th•n kl•ntm8d trom th•
rn8n8g•m•nt 4clvth$ undertoken. Al repair5 m•1 from uftrnstr￿￿d tyTrJ•.
Th• I0*y￿r￿a page• do not lomi p•rt oftr* Companf• St•tuW fftMnra￿ sth*mMI•
•nd are ptyr•d lorthe knIorn￿00fi of lh• D*•t￿rn onty.
P•ge 112

BLACKHEATH MONTESSORI CENTRE LT
DING AND PROFIT AND LOSSACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2023
Saf•s
e03.147
518,9
Costofsakn¥'.
PU￿h85&S
Otherdir•et•yrMs
26,720
19,607
Gross profft
57S.785
528,734
581.323
531.663
Selling and mathtmg co
Almlni•tr•iN8 eyns
Dop¢•ekqlk*nand 4rTh)rfl￿t
(229)
$56.247
Not lsxsl I wofit lor Iho yww
Tran6fertod••watsd fvr
725
119,6CF?
Tr•n•f•roflunth tolfrcm
RalaIn￿ profits ￿l￿￿tIon￿d
Ro10in•d profits carr*a ftyw¥d
725
(19,6091
Page 113

8LACKHEATH MONTESSORI CENTrE LTD
PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
PUrcha￿l-
Equipment and mat81iaL8
Catering
10,934
15.786
£26,720
6,951
12.656
£19.6Q7
Other dlrn¢t •¥p•￿￿.
Plant hire
£642
Oth•r In¢om•'.
Trips
Oth•r inccffje. bank int•mst commi59KJn
1.089
1,840
£2.929
5.538
5,538
S•llln9 Ind mat*•tlnq co•t•'.
Adverti3in9 8 sa￿$ promotion
Bad d8bts (recove￿>
169
259
189
229
Pag8 114

BLACKHEATH MONTESSORI CENTRE LTD
PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Z023
Pamng Iless CGffitributicyII
5.255
6.Cfj5
8,318
6,661
412.027
34.310
2,470
9.255
2. 186
1, 144
10, 105
1,632
1. 161
4,017
17.536
4,070
1,414
495
"ghl and he*
Repairs & r8nffl¥*$
Salaries
NIC empltyor
jen￿ staff
Panson ¢￿￿tribUti(￿S
Reryuitrngnt & trainffig
PrCleCti￿ equipment
C¢)mputer o)sts
nta)cy
Profes￿￿?[ Fg
Wa8t• di4)08
Insurance
393,869
31.433
49,766
8.773
824
11.152
1.731
2.787
18.861
4.251
Cl•oning
Stationery & ¢)ffK• ￿pPli
T¢lephon•
Sunijry expen3•1
Bank thar9•$
1S9
276
477
525.41
1,544
526,962
Lo•n Intwest
1,214
556.247
D•prn¢S•tlon and •mortlMllon:
2024
2023
Cyr￿￿tkIn ofpl•nl& ffl•Skny
10.114
10.113
D•prnckn*ib)n offiylurns & IIVW
13,482
13,832
D•prKLqtrJn olwu
£24,520
£24.539
Page 118