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← Micklefield Nursery School (Seaford)

2025-08-31-accounts

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Micklefield Nursery School (Seaford) (A company limited by guarantee) Trustee’s Annual Report and Financial Statements

Year ending: 31 August 2025

Charity number: 307010 Company number: 787663

Reference and Administrative Information: Registered office. Micklefield Nursery School Sutton Avenue Seaford East Sussex BN25 4LN.

Trustee meetings attendees. Mrs. M Stacey [Trustee - chair] Mrs. J Hanby [Trustee] Mrs. A Buroni [Trustee] Mr. A Woods [Trustee] Mr. M Johnson [Trustee] Mrs. H Clark [Trustee] Mrs. K Elliott {Nursery Manager - non-voting] Miss. K Marfleet [Business & Finance Officer - non-voting] Mrs. H Vincent [Deputy Nursery Manager — non-voting]

Independent examiner. Shoreline Accountants Limited Chartered Accountants 25 Clinton Place Seaford East Sussex BN25 1NP

Statement of trustees’ responsibilities.

The trustees (who are also the directors of Micklefield Nursery School (Seaford) for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Charities Statement of Recommended Practice (SORP). They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Structure, Governance and Management:

Nature of the Governing Document and constitution of the charity.

The charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association adopted on 23 July 2007. The trust is administered by the Council of Governors who are trustees of the incorporated trust. Eligibility for membership of the charity and membership of the board of trustees is governed by the memorandum and articles of association. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law. Trustees have not taken any remuneration or expenses during the year but volunteer their services in the interests of ensuring first class preschool provision for the children of the charity. There is a family connection between Kiesa Elliott (daughter) and David Lane (father), with the full knowledge and approval by the Governing Body.

Methods adopted for the recruitment and appointment of new trustees. The admission of new trustees (members) requires the approval of the Governing Body which has absolute discretion as to the admission of any person.

Major risks to which the charity is exposed, reviews and systems to mitigate risks. The Governors have assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Policies & Procedures.

The charity has the following written documents (please find in corridor):

Objectives and Activities:

Principal Activity and Object of the Charity.

The charity's object is to advance education in particular the education of children below compulsory school age in Seaford, East Sussex. UK and the surrounding area.

Mission Statement.

Children are at the heart of everything we do!

Benefits to the Community.

The charity has been educating children and benefitting the local community since September 1994. We welcome all children from every background. We accept children from 2 years to school age which means we help children learn and develop important social skills they will take with them into main school and beyond. We lay important foundations in skills such as turn taking, staying safe, communication and language development, teamwork and conflict resolution. All these skills enable our children to be a responsible member of their local community. We also work closely with our local schools to prepare our children for starting main school.

Achievements and Performance:

Achievements.

We have continued to offer our Tiger Club services meaning that children can attend the Nursery 8.00am to 5:30pm, during Term Time. This has been a popular choice with our working families.

We now welcome families into the building at pick up time and offer full nursery viewings to prospective children.

Friends of Micklefield.

This year we raised a total of £2,186 with our fundraising efforts, less £190 costs. This was achieved by doing a Christmas Raffle, Sponsored Scoot, Grab-a-Bear and Cake Sale.

Forest School.

Micklefield now offer afternoon ‘Forest School’ outings to our pre-school children. Activities include trips to the local park, Forest School activities in a neighbour's garden and attending the Forest School site at our local Primary School. We ask parents for a voluntary donation towards this.

Children.

The charity is open for 38 weeks in each year, and currently has 128 active children on its register.

The charity offers up to 10 x three-hour sessions per week from 10am to 1pm and 1pm to 4pm Monday to Friday (excluding bank holidays). We also offer a 1-hour Yam to 10am session and parents can choose morning/afternoon sessions of 3 or 4 hours or all-day sessions of 7 hours.

The nursery also offers Early Morning club from 8.00am to 9.00am and Afternoon club 4:00pm to 5:30pm offering parents all day sessions of 9.5 hours.

Staff.

The charity employs 31 staff directly involved with the children and 4 administrative staff, with the following breakdown.

Nursery Manager 1
Deputy Manager 1
Business & Finance Officer 1
EarlyYearsTeam Leader 1
IT Consultant 1
INA 7
Nursery Assistant 2
Nursery Practitioner 17
SENCo Lead 1
Forest School Lead 1
Forest School Assistant 1
SeniorAdministrativeCoordinator 1

Salaries.

The charity pays staff the Government's National Living Wage or above. Staff who are on a term-time contract are paid 38 weeks of the year when the charity is open, but their pay is spread over 12 equal monthly payments per year as staff prefer it that way. Staff are also paid their statutory holiday entitlement.

Capacity.

Children numbers always start off lower at the start of the school year (September) but build up over the year. We hada total of 128 children on our books for our summer term.

Funding and Tax-Free Childcare.

The charity offers 30hr funded places (subject to capacity) to parents. The charity also offers places to families eligible for 2-year-old funding. The charity is also registered as a Tax-Free Childcare provider.

Advertising.

The charity has a Facebook page administered by our Senior Admin. Coordinator and a web site ‘www. micklefieldnursery.co.uk’. Adverts are also placed in local papers, booklets etc.

Ofsted.

In January 2025 we had an Ofsted inspection. The nursery was rewarded outstanding in behaviour & attitudes and overall, a good. The report can be found at:

www.reports.ofsted.gov.uk/provider/16/109300

Financial Review:

Policies on reserves.

The level of reserves is £451,164 (2024: £440,046). It’s the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least six month’s expenditure. The trustees consider that reserves at the level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised.

Turnover and Profit.

The past year has been especially challenging, but Micklefield was able to adopt very careful management of costs. The charity's turnover was £603,012 (2024: £577,159) resulting in a trading profit of £11,187 (2024: profit of £56,753) We sawa big rise is running costs and Staff wages this financial year. Also, the change in the way the funding can be offered means we have seen a drop in our income as parents choose to attend funded sessions only.

Share Capital.

The company is limited by guarantee and therefore has no share capital. All trustees are members of the company and guarantee to contribute not exceeding £10 in the event of a winding up.

Income and Expenditure Breakdown.

The main funding for the charity is provided by East Sussex County Council's Service Agreement for Providing Free Early Learning Places (ELPs) for Two Year Old’s and Early Years Education Entitlement (EYEE) for Three & Four Year Old’s. This accounted for 80% of the charity’s total income, with the remaining 20% coming from unfunded children, tiger, bursaries and fund raising. The major expenditure was staff wages amounting to 83% of the total costs.

Approved by order of the board of trustees on .....04:9.%...2°26...... and signed on its behalf by:

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Mrs. M Mfg of the Trustees
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Company registration number: 00787663 Charity registration number: 307010

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

(A company limited by share capital) Annual Report and Financial Statements for the Year Ended 31 August 2025

Shoreline Accountants Ltd Independent Examiner 25 Clinton Place Seaford East Sussex BN25 INP

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Contents

Reference and Administrative Details I
Trustees' Report 2 to3
Independent Examiner's Report 4
Statement ofFinancial Activities 5
Balance Sheet 6
NotestotheFinancialStatements 7to15

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Reference and Administrative Details

Charity Registration Number 307010

Company Registration Number 00787663

Registered Office

Independent Examiner

The charity is incorporated in England & Wales. Micklefield Nursery School Sutton Avenue Seaford East Sussex BN25 4LN Shoreline Accountants Ltd Independent Examiner 25 Clinton Place Seaford East Sussex BN25 INP

Page |

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Trustees' Report

Objectives and activities

Objects and aims

The charity’s object is to advance education in particular the education of children below compulsory school age in Seaford, East Sussex. UK and the surrounding area.

Objectives, strategies and activities

On Ist September 1994 the senior school merged with Wadhurst College. Since that date the trust has continued purely as a nursery school.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Mrs Michelle Stacey Mrs J Hanby Ms Alice Buroni Mr Ashley Wood Hannah-Louise Clark

Mr Mark Andrew Johnson

Structure, governance and management

Nature ofgoverning document

The charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association adopted on 23 July 2007. ‘The trust is administered by the Council of Governors who are trustees of the incorporated trust. Eligibility for membership of the charity and membership of the board of trustees is governed by the memorandum and articles of association. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.

Trustees have not taken any remuneration or expenses during the year but volunteer their services in the interests of ensuring first class preschool provision for the children of the charity.

There is a family connection between the Nursery Manager (daughter) and Communications Consultant (father), with the full knowledge and approval by the Governing Body.

Recruitment and appointment oftrustees

The admission of new trustees (members) requires the approval of the Governing Body which has absolute discretion as to the admission of any person.

Page 2

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Trustees' Report

Major risks and management ofthose risks

The Governors have assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Employee involvement

Policies & Procedures.

The charity has the following written documents:

¢ Administering Medication Policy

¢ Emergency Evacuation

¢ Sickness and Illness Policy

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

The annual report was approved by the trustees of the charity on 06./02/2band signed on its behalf by:

Mrs Michelle Stacey Trustee

Page 3

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Independent Examiner's Report to the trustees of MICKLEFIELD NURSERY SCHOOL (SEAFORD) (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because [ am a member of Institute of Financial Accountants, 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:

  1. accounting records were not kept in respect of MICKLEFIELD NURSERY SCHOOL (SEAFORD) as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts 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 accounts 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 accounts to be reached.

Mark Boxall Independent Examiner Institute of Financial Accountants

25 Clinton Place Seaford East Sussex BN25 INP

Date:...0%0 02 2.

Page 4

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Unrestricted Total
funds 2025
Note £ £
Income and Endowments from:
Donations and legacies 3 599,469 599,469
Investment income 4 3,543 3,543
Total income 603,012 603,012
Expenditure on:
Raising funds 5 (577,212) (577,212)
Charitable activities 6 (14,613) (14,613)
Totalexpenditure (591,825) (591,825)
Net income 11,187 11,187
Netmovement in funds 11,187 11,187
Reconciliation offunds
Total funds brought forward 439,977 439,977
Total funds carried forward 19 451,164 451,164
Unrestricted Total
funds 2024
Note £ £
Income and Endowments from:
Donations and legacies 3 573,356 573,356
Investment income 4 3,803 3,803
Total income 577,159 $77,159
Expenditure on:
Raising funds 5 (505,731) (505,731)
Charitable activities 6 (14,613) (14,613)
Total expenditure (520,344) (520,344)
Net income 56,815 56,815
Netmovement in funds 56,815 56,815
Reconciliation offunds
Total funds brought forward 383,224 383,224
Totalfundscarriedforward 19 440,039 440,039

The notes on pages 7 to 15 form an integral part of these financial statements. Page 5

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

(Registration number: 00787663) Balance Sheet as at 31 August 2025

2025 2024
Note £ £
Fixed assets
Tangible assets 12 125,785 142,360
Current assets
Stocks 13 50 50
Debtors 14 11,345 9,751
Cash at bank and in hand 15 325,552 308,820
336,947 318,621
Creditors: Amounts fallingdue within one year 16 (9,920) (19,490)
Net current assets 327,027 299,131
Total assets less current liabilities 452,812 441,491
Creditors: Amounts fallingdue aftermore than one year 17 (1,829) (1,514)
Net assets 450,983 439,977
Funds ofthe charity:
Unrestricted income funds
Unrestricted funds 451,164 440,039
Totalfunds 19 451,164 440,039

For the financial year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The financial statements on pages 5 to 15 were approved by the trustees, and authorised for issue on 06./02/.2éand signed on their behalf by:

Mrs Michelle Stacey Trustee

The notes on pages 7 to 15 form an integral part of these financial statements. Page 6

ep. MICKLEFIELD NURSERY SCHOOL (SEAFORD) we. Notes to the Financial Statements for the Year Ended 31 August 2025 He Rote 1 Charity status Aba! The charity is limited by share capital, incorporated in England & Wales. vars The address of its registered office is: oie Micklefield Nursery School ae Sutton Avenue rr Seaford foe East Sussex gis BN25 4LN ae These financial statements were authorised for issue by the trustees on 6 February 2026. He 2 Accounting policies bgt Summary of significant accounting significant accounting accounting policies and and key accounting estimates estimates PE. The principal accounting policies applied in the preparation of these financial statements are set i gee These policies have been policies have been have been been consistently applied to all the years presented, applied to all the years presented, to all the years presented, all the years presented, the years presented, years presented, presented, unless otherwise otherwise stated. age2 Statement of compliance ee x The financial statements have been prepared in accordance with Accounting and Reporting hee Statement of Recommended Recommended Practice (applicable to charities preparing their accounts in opr Financial Reporting Standard applicable in the UK and the UK and UK and and Republic of Ireland Ireland (FRS 102)) (issued in et - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic be (FRS 102) and and the Companies Companies Act 2006. . a, Basis of preparation ae MICKLEFIELD NURSERY SCHOOL (SEAFORD) meets the definition of a a public benefit entity ae 102. Assets and liabilities are initially recognised at historical historical cost or transaction transaction value unless wie the relevant accounting relevant accounting accounting policy notes. ne zs Income and endowments eae 7 All income is recognised once the charity has entitlement to the income, it is probable that the equ. received and and the amount amount of the income receivable can be measured measured reliably. oe Donations and legacies gti Donations are recognised when when the charity has been been notified in writing of both both the amount and aoe In the event that event that that a donation donation is subject to conditions conditions that require require a level of performance performance by the the aa charity is entitled to the funds, the income is deferred and not recognised until either those eae met, or the the fulfilment of those those conditions is wholly within the control of the the charity and it is Pas conditions will be fulfilled in the reporting period. period. eH : Grants receivable a Grants are recognised when the charity has an entitlement to the funds and any conditions linked a! have been met. Where performance conditions are attached to the grant and are yet to be met,

oo

Summary of significant accounting significant accounting accounting policies and and key accounting estimates estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been policies have been have been been consistently applied to all the years presented, applied to all the years presented, to all the years presented, all the years presented, the years presented, years presented, presented, unless otherwise otherwise stated.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the UK and UK and and Republic of Ireland Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and and the Companies Companies Act 2006.

MICKLEFIELD NURSERY SCHOOL (SEAFORD) meets the definition of a a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical historical cost or transaction transaction value unless otherwise stated in the relevant accounting relevant accounting accounting policy notes.

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and and the amount amount of the income receivable can be measured measured reliably.

Donations are recognised when when the charity has been been notified in writing of both both the amount and settlement date. In the event that event that that a donation donation is subject to conditions conditions that require require a level of performance performance by the the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the the fulfilment of those those conditions is wholly within the control of the the charity and it is probable that these conditions will be fulfilled in the reporting period. period.

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Page 7

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph | Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 8

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Page 9

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

Financial instruments

3 Income from donations and legacies

Unrestricted
funds Total
General funds
£ £
Donations and legacies;
Donations from individuals 143,734 143,734
Grants, including capital grants;
Government grants 455,735 455,735
Total for2025 599,469 599,469
Totalfor2024 573,356 573,356

4 Investment income

Unrestricted
funds Total
General funds
£ £
Interest receivable and similar income;
Interest receivable on bank deposits 3,543 3,543
Total for2025 3,543 3,543
Totalfor2024 3,803 3,803

5 Expenditure on raising funds

a) Costs of generating donations and legacies

Unrestricted
funds Total
General funds
Note £ £
Allocated support costs 7 190 190
Total for 2025 190 190
Totalfor2024 214 214

Page 10

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

b) Costs of trading activities

Unrestricted
funds Total
General funds
Note £ £
Costs ofgoods sold 6,032 6,032
Other direct costs ofactivities for generating funds 6,395 6,395
Allocated support costs 7 156,662 156,662
Total for2025 169,089 169,089
Total for2024 150,943 150,943
Total
costs
£
6 Expenditure on charitable activities
Unrestricted
funds Total
General funds
Note £ £
Governance costs q 14,613 14,613
Total for2024 14,613 14,613
Total
expenditure
£

: 6 Expenditure on charitable activities

In addition to the expenditure analysed above, there are also governance costs of £14,613 (2024 - £14,613) which relate directly to charitable activities. See note 7 for further details.

7 Analysis of governance and support costs

Governance costs

Page 11

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

Unrestricted
funds Total
General funds
£ £
Depreciation, amortisation and othersimilar costs 14,613 14,613
Total for2025 14,613 14,613
Total for2024 14,615 14,613
8
Net incoming/outgoing resources
Net incoming resources forthe year include:
2025 2024
£ £
Depreciation offixed assets 14,613 14,613
9
Trustees remuneration and expenses
10 Staffcosts
The aggregate payroll costs were as follows:
2025 2024
£ £
Staffcosts during the yearwere:
Wages and salaries 392,352 345,873
Social security costs 15,581 8,701
407,933 354,574

Page 12

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Tangible fixed assets

12 Tangible fixed assets
Land and Furniture and Other tangible
buildings equipment fixed asset Total
£ £ £ £
Cost
At September 2024 50,000 109,823 233,051
Additions - 1,981 - 1,981
At31 August 2025 50,000 111,804 233,051 394,855
Depreciation
At 1 September2024 12,600 100,227 137,688 250,515
Charge for the year 15,213 3,342 - 18,555
At31 August 2025 27,813 103,569 137,688 269,070
Net book value
At 31 August 2025 22,187 8,235 95,363 125,785
At31 August 2024 37,400 9,596 95,363 142,359
13 Stock
2025 2024
£ £
Stocks ee) ee
14 Debtors
2025 2024
£ £
Trade debtors 6,659 5,385
Prepayments 4,686 4,366
11,345 9,751
15 Cash and cash equivalents
2025 2024
£ £
Cash on hand 94 98
Cash atbank 325,458 308,722
325,552 308,820

Page 13

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

16 Creditors: amounts falling due within one year

16 Creditors: amounts falling duedue within one yearyear
2025 2024
£ £
Trade creditors 698 14,214
Other taxation and social security 6,858 2,934
Accruals 2,364 2,342
9,920 19,490
17 Creditors: amounts falling due afterone year
2025 2024
£ £
Other creditors 1,829 1,514
18 Share capital
19 Funds
Balance at 1 ‘
September Incoming Resources Balance at31
2024 resources expended August2025
£ £ £ £
Unrestricted funds
General 439,977 603,012 (591,825) 451,164
Balance at 1
September Incoming Resources Balance at31
2023 resources expended August 2024
£ £ £ £
Unrestricted funds
General 383,224 577,159 (520,344) 440,039

20 Analysis of net assets between funds

20 Analysis of netnet assets between funds
Unrestricted Total funds at
funds 31 August
General 2025
£ £
Tangible fixed assets 144,340 144,340
Current assets 336,947 336,947
Current liabilities (9,920) (9,920)
Creditors over year (1,829)
Totalnetassets 469,538 469,538

Page 14

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Notes to the Financial Statements for the Year Ended 31 August 2025

Unrestricted Total funds at
funds 31 August
General 2024
£ £
Tangible fixed assets 160,556 160,556
Current assets 318,621 318,621
Current liabilities (19,490) (19,490)
Creditors over year (1,514)
Totalnetassets 458,173 458,173

21 Analysis of net funds

21 Analysis of netnet funds
Atl
September At 31 August
2024 2025
£ £
Cash atbank and inhand 308,820 308,820
Net debt 308,820 308,820
Ati
September At31 August
2023 2024
£ £
Cash atbank and in hand 246,203 246,203
Netdebt 246,203 246,203

22 Related party transactions

Page 15

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Statement of Financial Activities by fund for the Year Ended 31 August 2025

Unrestricted Funds

Total Total
Unrestricted Unrestricted
Funds Funds
2025 2024
£ £
Income and Endowments from:
Donations and legacies 599,469 573,356
Investment income 3,543 3,803
Total income 603,012 577,159
Expenditure on:
Raising funds (577,212) (505,731)
Charitable activities (14,613) (14,613)
Totalexpenditure (591,825) (520,344)
Net income 11,187 56,815
Netmovement in funds 11,187 56,815
Reconciliation offunds
Total funds brought forward 439,977 383,224
Totalfundscarriedforward 451,164 440,039

This page does not form part of the statutory financial statements. Page 16

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

==> picture [437 x 566] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Total|Total| |2025|2024| |£|£| |Donations|and legacies| |Appeals|and|donations|2,186|977| |Fees|receivable|141,548|158,429| |Grants|receivable|455,735|413,950| |599,469|573,356| |Investment income| |Interest|on|cash|deposits|3,543|3,803| |3,543|3,803| |Raising|funds| |Fundraising|costs|(190)|(214)| |Opening|stock|(50)|(50)| |Closing|stock|50|50| |Tuition|salary|(392,352)|(345,873)| |Staff NIC|(Employers)|(15,581)|(8,701)| |Staff pensions|(Defined|contribution)|- pension|scheme|||(6,032)|(5,948)| |Water|rates|(2,857)|(2,001)| |Repairs|and|renewals|(4,645)|(3,280)| |Hire|of other|assets|(Spot|hire)|(1,305)|(1,391)| |Travel|and|subsistence|(28)|(72)| |Staff entertaining|(allowable|for|tax)|(1,741)|(1,463)| |Bad debts|written|off|(445)|(817)| |Wages|and|salaries|(81,008)|(74,265)| |Staff NIC|(Employers)|(7,790)|(5,778)| |Staff pensions|(Defined|contribution)|-|pension|scheme|1|(1,579)|(7)| |Staff training|(663)|(422)| |Rates|(3,044)|(3,085)| |Light,|heat|and|power|(6,248)|(6,808)| |Insurance|(3,339)|(2,897)| |Bookes,|equipment|and|material|(18,643)|(15,652)| |Telephone|and|fax|(1,417)|(875)| |Computer|software|and|maintenance|costs|(4,817)|(3,701)| |Printing,|postage|and|stationery|(4,941)|(4,646)| |Cleaning|(11,877)|(11,391)| |Accountancy|fees|(2,096)|(1,956)| |Legal|and|professional|fees|(633)|(905)| |Depreciation|of freehold|property|(600)|(600)| |Depreciation|of plant and|machinery|(942)|(942)| |Depreciation|of fixtures|and|fittings|(805)|(901)|

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This page does not form part of the statutory financial statements. Page 17

MICKLEFIELD NURSERY SCHOOL (SEAFORD)

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Total Total
2025 2024
£ £
Depreciation ofoffice equipment (1,594) (1,140)
(577,212) (505,731)
Charitable activities
Depreciation ofFreehold improvements to property (14,613) (14,613)
(14,613) (14,613)

This page does not form part of the statutory financial statements. Page 18

EXAMINERS REPORT for Micklefield Nursery School (Seaford)

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Ms es i ait be oo goo Ve a

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] report on the Accounts of the Organisation for the period ended 31 August 2025.

Respective Responsibilities of Trustees and Examiner

As the organisation's trustees you are responsible for the preparation of the Accounts; The Organisation’s trustees consider that an audit is not required and that an independent examination is needed.

It is my responsibility to:

Examine the accounts.

To state whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the Accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

1) Which gives me reasonable cause to believe that there has been any material errors or omissions. or 2) To which, in my opinion, attention should be drawn to enable a proper understanding ofthe accounts to be reached.

M J Boxall, AFA, AAIA

Shoreline Accountants Limited 25 Clinton Place Seaford East Sussex BN25 INP

Mark J Boxall... SHO

os... Date 04 [93] 292...