REGISTERED COMPANY NUMBER: 04150566 (England and Wales)

REGISTERED CHARITY NUMBER: 1089101

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LORD WILLIAMS'S SCHOOL DAY NURSERY

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Statement of Financial Position

5

to

6

Notes to the Financial Statements

7

to

11

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Principal Activities and Charitable Objects

The charity's principal activities and charitable objects are "to enhance the development and education of children under statutory school age in Thame, Oxfordshire, in any manner which is deemed by law to be charitable."

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity provided nursery care for children below school age during the year.

There are no plans for either contraction or expansion and the trustees consider that the objects of the charity have been achieved during the year.

A valuable contribution has been made by volunteers consisting of members serving on the management committee and the fundraising sub-committee.

FINANCIAL REVIEW

Statement of Policies

The charity has no policy of investing funds. Sufficient reserves are held to cover the charity's operating requirements.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Trustees are recruited from the management committee and/or members as required and are appointed by members at the AGM.

Any individual interested in promoting the objects of the charity, who is acceptable to the trustees, is entitled to become a member.

One parent of each child attending the nursery is automatically entitled to be a member.

Organisational structure

Strategy is decided by the trustees and then implemented by a management committee and sub-committees, which consist of members and parents.

The trustees may sit on any committee and should receive reports on any actions taken by each committee.

The day-to-day running of the nursery is the responsibility of the nursery manager and her deputy, who make recommendations to, and take their instructions from, the management committee.

Relationships with Other Organisations

The charity co-operates closely with Lord Williams's School.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04150566 (England and Wales)

Registered Charity number

1089101

Registered office

First Floor North

40 Oxford Road

High Wycombe

Buckinghamshire

HP11 2EE

Trustees

Dr A Clark

Mrs G M Emerson

Mrs S Nicholson

Mr M R Watson

Company Secretary

Independent Examiner

Seymour Taylor Limited

First Floor North

40 Oxford Road

High Wycombe

Buckinghamshire

HP11 2EE

Approved by order of the board of trustees on 22 December 2025 and signed on its behalf by:

Dr A Clark - Trustee

Independent examiner's report to the trustees of Lord Williams's School Day Nursery ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 the Company 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.

Timothy Fulker BSc FCA

Seymour Taylor Limited

First Floor North

40 Oxford Road

High Wycombe

Buckinghamshire

HP11 2EE

22 December 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Educational

450,119

357,399

Other trading activities

3

6,435

2,507

Investment income

4

67

230

Total

456,621

360,136

EXPENDITURE ON

Charitable activities

General

6,154

6,989

Educational

430,884

349,041

Other

6,565

5,150

Total

443,603

361,180

NET INCOME/(EXPENDITURE)

13,018

(1,044

)

RECONCILIATION OF FUNDS

Total funds brought forward

73,177

74,221

TOTAL FUNDS CARRIED FORWARD

86,195

73,177

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

18,463

20,968

CURRENT ASSETS

Stocks

9

1,625

1,625

Debtors

10

7,919

26,296

Cash at bank and in hand

78,253

47,372

87,797

75,293

CREDITORS

Amounts falling due within one year

11

(20,065

)

(23,084

)

NET CURRENT ASSETS

67,732

52,209

TOTAL ASSETS LESS CURRENT LIABILITIES

86,195

73,177

NET ASSETS

86,195

73,177

FUNDS

12

Unrestricted funds

86,195

73,177

TOTAL FUNDS

86,195

73,177

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22 December 2025 and were signed on its behalf by:

Dr A Clark - Trustee

1.	GENERAL INFORMATION

Lord Williams's School Day Nursery is a charitable company limited by guarantee and incorporated in England and Wales. The address of the charitable company's registered office is First Floor North, 40 Oxford Road, High Wycombe, Buckinghamshire, HP11 2EE. The registered company number is 04150566 and the registered charity number is 1089101.

The principal activities of the charity are as disclosed within the Report of the Trustees on pages 1 to 2.

The presentation currency of these financial statements is Sterling (£), being the currency of the primary economic market in which the entity operates. All amounts in these financial statements have been rounded to the nearest pound unless stated otherwise.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

reducing balance - 25%

Fixtures and fittings

-

reducing balance - 25%

Equipment and toys

-

reducing balance - 25%

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

During the year the charitable company did not hold any restricted funds.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3.	OTHER TRADING ACTIVITIES

2025

2024

£

£

Fundraising events

3,235

2,507

Insurance claims

3,200

-

6,435

2,507

4.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

67

230

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Independent examiner's fees

2,394

2,350

Depreciation - owned assets

6,154

6,989

6.	TRUSTEES' REMUNERATION AND BENEFITS

2025

2024

£

£

Trustees' salaries

45,261

40,418

Trustees' social security

4,990

4,322

Trustees' pension contributions to money purchase schemes

1,160

1,025

51,411

45,765

The trustees' remuneration is in respect of one (2024 - one) trustee, being Mrs S Nicholson, for services as the Nursery Manager of the charity.

Trustees' expenses

There were trustees' reimbursed expenses paid in the year of £154 (2024 - £51).

7.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Employees

18

14

No employees received emoluments in excess of £60,000.

8.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Equipment

machinery

fittings

and toys

Totals

£

£

£

£

COST

At 1 April 2024

5,724

61,346

53,138

120,208

Additions

-

1,646

2,003

3,649

At 31 March 2025

5,724

62,992

55,141

123,857

DEPRECIATION

At 1 April 2024

5,524

48,576

45,140

99,240

Charge for year

50

3,604

2,500

6,154

At 31 March 2025

5,574

52,180

47,640

105,394

NET BOOK VALUE

At 31 March 2025

150

10,812

7,501

18,463

At 31 March 2024

200

12,770

7,998

20,968

9.

STOCKS

2025

2024

£

£

Stocks

1,625

1,625

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,919

26,296

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,609

528

Social security and other taxes

4,920

3,698

Other creditors

1,526

1,264

Accruals and deferred income

10,010

17,594

20,065

23,084

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

73,177

13,018

86,195

TOTAL FUNDS

73,177

13,018

86,195

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

456,621

(443,603

)

13,018

TOTAL FUNDS

456,621

(443,603

)

13,018

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

74,221

(1,044

)

73,177

TOTAL FUNDS

74,221

(1,044

)

73,177

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

360,136

(361,180

)

(1,044

)

TOTAL FUNDS

360,136

(361,180

)

(1,044

)

13.	RELATED PARTY DISCLOSURES

During the year the charity paid £8,200 (2024 - £8,200) in rent to Lord Williams's School, with which it closely operates.

14.	ULTIMATE CONTROLLING PARTY

The charity is controlled by the directors who are also the trustees.