REGISTERED COMPANY NUMBER: 06925627 (England and Wales)

REGISTERED CHARITY NUMBER: 1135817

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

THE BRAMBLES NURSERY & CHILDRENS CENTRE

LTD

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

15

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 August 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

Objectives and aims

The objective of the charity is to provide high-quality wraparound childcare for children aged three months to 11 years within the St Just area. The setting aims to create a safe, inclusive, and nurturing environment where children are encouraged to learn, develop confidence, and thrive through a wide range of educational and play-based experiences.

The charity operates The Brambles Nursery & Children's Centre, opening from 8:00am to 4:30pm on most days, subject to demand. The setting continues to support local families by providing flexible childcare and early years education tailored to the needs of the community.

The average session size throughout the year was approximately 45 children, with demand for places remaining consistently strong

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

September 2024 started a busy period with many new children enrolling and existing children increasing their hours. We also began a waiting list for children, with parents adding children who have yet to be born. This list continued to grow as the year went on.

A new wall was added within the Field Mouse Room which has facilitated greater learning opportunities by reducing moisture transfer from the Rising Three Room.

The preschool children performed once at The Minack Theatre during the year in a performance of "A Midsummer Night's Dream".

The children also took part in educational visits throughout the year, including trips to St Michael's Mount, Geevor Tin Mine and Penlee House, which supported their learning and development through a range of historical and cultural experiences.

Weekly Spanish lessons also continued throughout the year at the nursery.

The library is working very well, with many parents now actively engaging alongside the children. Additional books and supporting props have been added, with several proving particularly popular with the children and families.

The nursery also took part in Armed Forces training activities, promoting inclusion, participation, and community engagement for the children.

Several fundraising events also took place throughout the year to support additional room resources. These included the nursery nativity, the annual duck race, and café events held three times a year at the St Just WI Hall.

Throughout the year, the children participated in a variety of enrichment activities including caring for and raising five chicks and butterflies, a visit from Zoolab, and tree planting on the additional area of ground purchased by the setting.

Four apprentices were enrolled through The Brambles during the year, with several becoming part of the room teams immediately and being included within ratio requirements while continuing to work towards their qualifications. One of the apprentices has since qualified and is now a qualified Level 3 Nursery Practitioner.

The office was also extended during the year, providing additional space for staff to work more effectively.

Plans for the new build extension to include a purpose-built baby room continued to progress throughout the year. Architectural plans, quantity surveying, structural engineering work, drilling investigations, and building regulations processes have now been finalised and drafted. The setting continues to seek additional funding in order to begin the construction phase of the project.

A steel support post was also fitted at the end of the building as part of the ongoing maintenance and improvement works.

FINANCIAL REVIEW

Reserves policy

The trustees hold reserves sufficient to fund future large scale maintenance of the property, which is owned, and to guard against changes in the government funding regimes. It also allows flexibility in cases of hardship and the smoothing of short term cost fluctuations.

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

New trustees are appointed by a process of active engagement with the staff and parents together with direct approach to individuals we think could offer expertise or experience in the governance of the nursery.

Organisational structure

The charity is managed by a board of trustees who meet regularly throughout the year to oversee the strategic direction, financial management, and overall governance of the setting. The trustees work closely with the nursery management team to ensure the continued delivery of high-quality childcare and education.

Day-to-day operations are delegated to the Nursery Manager and leadership team, who are responsible for the running of the setting, staffing, safeguarding, curriculum delivery, and ensuring compliance with relevant statutory and regulatory requirements.

The trustees continue to review policies, procedures, and operational practices to ensure the nursery remains sustainable, compliant, and responsive to the needs of children and families within the local community.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06925627 (England and Wales)

Registered Charity number

1135817

Registered office

The Old School

The Stennack

St Ives

Cornwall

TR26 1QU

Trustees

S R Tieken

S M R Russell

C S Denley

E Davies

Company Secretary

Mrs S R Tieken

Independent Examiner

Mr P Brotheridge

Greenwood Wilson

The Old School

The Stennack

St Ives

Cornwall

TR26 1QU

Approved by order of the board of trustees on 27 May 2026 and signed on its behalf by:

C S Denley - Trustee

Independent examiner's report to the trustees of The Brambles Nursery & Childrens Centre Ltd ('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 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 Association of Chartered Certified 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 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.

Mr P Brotheridge

The Association of Chartered Certified Accountants

Greenwood Wilson

The Old School

The Stennack

St Ives

Cornwall

TR26 1QU

27 May 2026

2025

2024

Unrestricted

Total

fund

funds

as restated

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

250

5,241

Charitable activities

5

Nursey fee income

336,872

333,787

Other trading activities

3

3,346

2,339

Investment income

4

2,685

2,698

Total

343,153

344,065

EXPENDITURE ON

Charitable activities

Cost of providing facilities in furtherance of charity's objectives

364,781

344,433

NET INCOME/(EXPENDITURE)

(21,628

)

(368

)

RECONCILIATION OF FUNDS

Total funds brought forward

As previously reported

604,426

590,694

Prior year adjustment

10

(14,100

)

-

As restated

590,326

590,694

TOTAL FUNDS CARRIED FORWARD

568,698

590,326

2025

2024

Unrestricted

Total

fund

funds

as restated

Notes

£

£

FIXED ASSETS

Tangible assets

11

417,174

401,645

CURRENT ASSETS

Debtors

12

18,435

17,821

Cash at bank and in hand

165,765

190,707

184,200

208,528

CREDITORS

Amounts falling due within one year

13

(32,676

)

(19,847

)

NET CURRENT ASSETS

151,524

188,681

TOTAL ASSETS LESS CURRENT LIABILITIES

568,698

590,326

NET ASSETS

568,698

590,326

FUNDS

14

Unrestricted funds

568,698

590,326

TOTAL FUNDS

568,698

590,326

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 27 May 2026 and were signed on its behalf by:

C S Denley - Trustee

1.	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

-

10% on reducing balance

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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.

2.	DONATIONS AND LEGACIES

2025

2024

as restated

£

£

Donations

-

5,141

Grants

250

100

250

5,241

Grants received, included in the above, are as follows:

2025

2024

as restated

£

£

Cornwall Council

250

-

Other grants

-

100

250

100

3.	OTHER TRADING ACTIVITIES

2025

2024

as restated

£

£

Fundraising events

3,346

2,339

4.	INVESTMENT INCOME

2025

2024

as restated

£

£

Deposit account interest

2,685

2,698

5.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

as restated

Activity

£

£

Nursery fees - Parents

Nursey fee income

66,675

119,944

Nursery fees - Cornwall Council

Nursey fee income

270,197

213,843

336,872

333,787

6.	NET INCOME/(EXPENDITURE)

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

2025

2024

as restated

£

£

Depreciation - owned assets

5,649

1,826

7.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

8.	STAFF COSTS

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

2025

2024

as restated

Nursery staff

20

18

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

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

as restated

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

5,241

Charitable activities

Nursey fee income

333,787

Other trading activities

2,339

Investment income

2,698

Total

344,065

EXPENDITURE ON

Charitable activities

Cost of providing facilities in furtherance of charity's objectives

344,433

NET INCOME/(EXPENDITURE)

(368

)

RECONCILIATION OF FUNDS

Total funds brought forward

590,694

TOTAL FUNDS CARRIED FORWARD

590,326

10.	PRIOR YEAR ADJUSTMENT

Capital grants of £14,100 from Cornwall Council were incorrectly included within Nursery fee income from Cornwall Council in the 2024 accounts. The figures have been restated to show the grants within accruals and deferred income.

11.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 September 2024

385,214

32,245

417,459

Additions

18,690

2,488

21,178

At 31 August 2025

403,904

34,733

438,637

DEPRECIATION

At 1 September 2024

-

15,814

15,814

Charge for year

3,868

1,781

5,649

At 31 August 2025

3,868

17,595

21,463

NET BOOK VALUE

At 31 August 2025

400,036

17,138

417,174

At 31 August 2024

385,214

16,431

401,645

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

18,035

17,732

Other debtors

400

89

18,435

17,821

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Social security and other taxes

5,147

4,501

Pension creditor

1,245

-

Accruals and deferred income

26,284

15,346

32,676

19,847

14.	MOVEMENT IN FUNDS

Prior

Net

year

movement

At

At 1/9/24

adjustment

in funds

31/8/25

£

£

£

£

Unrestricted funds

General fund

604,426

(14,100

)

(21,628

)

568,698

TOTAL FUNDS

604,426

(14,100

)

(21,628

)

568,698

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

343,153

(364,781

)

(21,628

)

TOTAL FUNDS

343,153

(364,781

)

(21,628

)

Comparatives for movement in funds

Net

movement

At

At 1/9/23

in funds

31/8/24

£

£

£

Unrestricted funds

General fund

590,694

(368

)

590,326

TOTAL FUNDS

590,694

(368

)

590,326

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

344,065

(344,433

)

(368

)

TOTAL FUNDS

344,065

(344,433

)

(368

)

A current year 12 months and prior year 12 months combined position is as follows:

Prior

Net

year

movement

At

At 1/9/23

adjustment

in funds

31/8/25

£

£

£

£

Unrestricted funds

General fund

590,694

(14,100

)

(21,996

)

554,598

TOTAL FUNDS

590,694

(14,100

)

(21,996

)

554,598

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

687,218

(709,214

)

(21,996

)

TOTAL FUNDS

687,218

(709,214

)

(21,996

)

15.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2025.