| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 August 2025 |
| for |
| Yorkies Daycare |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 August 2025 |
| for |
| Yorkies Daycare |
| Yorkies Daycare |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2025 |
| Page |
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Yorkies Daycare (Registered number: 04001165) |
| Report of the Trustees |
| for the Year Ended 31 August 2025 |
| 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 |
| In this financial year, we have provided wraparound care for a total of twelve children. We continue to offer places and sessions free of charge when the need arises, particularly in emergencies such as parents or carers requiring childcare to attend hospital or other essential appointments. We also provide respite care in situations where close or immediate family members are chronically or gravely ill, as well as childcare support for parents and carers attending funerals. |
| Many of our families have no local support network, and we have therefore offered additional sessions where needed, including support following the arrival of a new baby. |
| One family remained with us from the previous year due to financial hardship and because a parent was undergoing cancer treatment. As in the previous year, we also supported them with groceries before referring them to a local food bank. |
| During the winter period, two families were provided with breakfast sessions due to logistical challenges in children to different schools in Hitchin. One of these families has since been offered a permanent breakfast and after-school place due to ongoing financial difficulty. |
| We also supported a family with a free place for two months following the loss of a parent's job; they resumed payment once employment was secured. Another family joined us while their nanny underwent cancer treatment, enabling her to attend chemotherapy and recovery appointments. This family later made a donation in appreciation of the support received. |
| In addition, four families required support over the year to attend funerals, job interviews, and medical appointments. We also provided wraparound care for one family with a grandparent in hospice care, and another where a grandparent-previously responsible for school pick-ups-suffered a broken hip. We continue to support both families. |
| Over the past year, the number of families requiring additional support has more than doubled. A significantly higher proportion of our families are experiencing hardship, and we remain committed to offering assistance wherever possible. We also encourage the school to refer families to us where existing funding does not meet their needs. |
| All families identified as requiring additional support during holidays and the Christmas period were referred to North Herts District Council for access to available hardship grants. |
| Yorkies Daycare (Registered number: 04001165) |
| Report of the Trustees |
| for the Year Ended 31 August 2025 |
| ACHIEVEMENTS AND PERFORMANCE |
| Charitable activities |
| Yorkies has continued to contribute financially towards repairs and improvements at York Road Nursery School, particularly in light of ongoing education budget cuts and the ageing condition of the building. This year, funding has been provided for the refurbishment of toilet facilities and the creation of a new changing area. These upgrades are in line with the forthcoming EYFS guidelines, ensuring a dignified and safe environment for children who need to change or be changed. |
| This work has also enabled the development of a new classroom space for two-year-olds, many of whom access funded places and continue to use our services when they turn three. As a result, the school has been able to expand its provision. |
| In response to updated EYFS requirements, we have also funded additional paediatric first aid training for staff at both Yorkies and the nursery school to ensure compliance with current regulations. |
| We supported the creation of a dedicated provision and library area for children with SEND, offering a quiet and supportive space for those who may find the classroom environment overwhelming at the start of the day. This space has been designed for flexible use and now also functions as a cooking area, incorporating the kitchen we donated last year to maximise its use throughout the day. |
| Further improvements include funding a new decking area outside this classroom, transforming a previously unused space. We continue to support the development of the garden, including the donation of a 'hot compost bin' to promote recycling. In addition, we assisted in securing a grant for a child-friendly greenhouse. A sensory garden has also been established in a previously unused part of the grounds, with Yorkies funding the installation of hardcore to ensure proper drainage and year-round usability. |
| The trustees have fulfilled their duty to have due regard to the Charity Commission's guidance on public benefit in the exercise of their powers and responsibilities. |
| FINANCIAL REVIEW |
| Financial position |
| This year incoming resources amounted to £299,060, (2024 - £283,286), whilst expenditure amounted to £349,431 (2024 - £284,080). This resulted in net expenditure of £50,371 compared to a net expenditure of £794 in 2024. |
| The trustees are grateful to all those who have contributed in any way to achievement of these results. |
| Reserves policy |
| The Memorandum of Association has established that where the financial balances (sum of unrestricted funding and restricted salary funds) fall below a value equivalent to two months wage costs against known projected income figures a committee meeting will be convened, with H.C.C Early Childhood Unit invited to attend. The trustees will consider how funds can be replaced. Currently the financial balances are £107,533 (2024 - £157,904) which is above the value of 5 (2024 - 5) months' wages costs against known projected income figures. |
| Reserves exceed the level set by the board, so deficits in recent periods have not been a concern as we continue to meet our charitable objectives. |
| Going concern |
| After making appropriate enquiries, the Trustees are not adopting the going concern basis, as the Company has a known date for cessation. Further details regarding the adoption of the going concern basis can be found in the accounting policies. |
| 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. |
| Yorkies Daycare (Registered number: 04001165) |
| Report of the Trustees |
| for the Year Ended 31 August 2025 |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Recruitment and appointment of new trustees |
| New trustees are nominated by members of the board of trustees, interviewed by a panel of trustees and appointed where they have the necessary skills to contribute to the charity's management and development. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Independent Examiner |
| George Hay Partnership LLP |
| Chartered Accountants |
| Unit 1B |
| Focus 4 |
| Fourth Avenue |
| Letchworth |
| Hertfordshire |
| SG6 2TU |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| Yorkies Daycare |
| Independent examiner's report to the trustees of Yorkies Daycare ('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 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. |
| Emma Wilsher FCA |
| George Hay Partnership LLP |
| Chartered Accountants |
| Unit 1B |
| Focus 4 |
| Fourth Avenue |
| Letchworth |
| Hertfordshire |
| SG6 2TU |
| 29 June 2026 |
| Yorkies Daycare |
| Statement of Financial Activities |
| for the Year Ended 31 August 2025 |
| 31/8/25 | 31/8/24 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Charitable activities |
| Investment income | 2 |
| Total |
| EXPENDITURE ON |
| Raising funds | 3 |
| Charitable activities |
| Other |
| Total |
| Net gains/(losses) on investments | ( |
) |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 157,904 |
| Yorkies Daycare (Registered number: 04001165) |
| Balance Sheet |
| 31 August 2025 |
| 31/8/25 | 31/8/24 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 8 |
| Investments | 9 |
| CURRENT ASSETS |
| Debtors | 10 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 11 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 12 |
| Unrestricted funds | 157,904 |
| TOTAL FUNDS | 157,904 |
| 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. |
| Yorkies Daycare (Registered number: 04001165) |
| Balance Sheet - continued |
| 31 August 2025 |
| 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 |
| Yorkies Daycare |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2025 |
| 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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. |
| Going Concern |
| In the current period, prior to sign off on the accounts, the decision was made to close Yorkies Daycare with effect from 31st August 2026. The charity is therefore not deemed to be a going concern and the accounts have been prepared on this basis, with all assets and liabilities shown at their recoverable amounts. |
| 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 |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: |
| Improvements to property | 25% Straight line |
| Fixtures and fittings | 20% Straight line |
| Computer equipment | 20% Straight line |
| 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. |
| Yorkies Daycare |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2025 |
| 1. | ACCOUNTING POLICIES - continued |
| 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. |
| Investments |
| Fixed asset investments comprise of investments in equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement. Fair value is based on market values provided by Raymond James the Company's Investment Advisers. |
| 2. | INVESTMENT INCOME |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Other fixed asset inv - UnFII | 2,038 | 2,130 |
| Deposit account interest |
| 3. | RAISING FUNDS |
| Investment management costs |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Property repairs |
| 4. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Depreciation - owned assets |
| 5. | TRUSTEES' REMUNERATION AND BENEFITS |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Trustees' salaries |
| The total trustees remuneration including pension contribution for 2025 was £54,216 (2024 - £40,944). |
| The total employee benefits including pension contributions of the key management personal were £4,021 (2024 - £3,017).. |
| The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024 - £0). No charity trustee received payment for professional or other services supplied to the charity (2024 - £0) |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. |
| Yorkies Daycare |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2025 |
| 6. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 31/8/25 | 31/8/24 |
| Trustees | 2 | 2 |
| Staff | 12 | 15 |
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted |
| fund |
| £ |
| INCOME AND ENDOWMENTS FROM |
| Charitable activities |
| Investment income |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| Net gains on investments |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 157,904 |
| Yorkies Daycare |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2025 |
| 8. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 September 2024 and 31 August 2025 |
| DEPRECIATION |
| At 1 September 2024 |
| Charge for year |
| At 31 August 2025 |
| NET BOOK VALUE |
| At 31 August 2025 |
| At 31 August 2024 |
| 9. | FIXED ASSET INVESTMENTS |
| Listed |
| investments |
| £ |
| MARKET VALUE |
| At 1 September 2024 |
| Additions |
| Disposals | ( |
) |
| Revaluations | ( |
) |
| At 31 August 2025 |
| NET BOOK VALUE |
| At 31 August 2025 | 56,184 |
| At 31 August 2024 | 56,674 |
| There were no investment assets outside the UK. |
| Cost or valuation at 31 August 2025 is represented by: |
| Listed |
| investments |
| £ |
| Valuation in 2022 | (3,551 | ) |
| Valuation in 2023 | (3,501 | ) |
| Valuation in 2024 | 1,893 |
| Valuation in 2025 | (407 | ) |
| Cost | 61,750 |
| 56,184 |
| Yorkies Daycare |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2025 |
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Prepayments and accrued income |
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/8/25 | 31/8/24 |
| £ | £ |
| Social security and other taxes |
| Other creditors |
| Accruals and deferred income |
| 12. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.9.24 | in funds | 31.8.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 157,904 | (50,371 | ) | 107,533 |
| TOTAL FUNDS | (50,371 | ) | 107,533 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Gains and | Movement |
| resources | expended | losses | in funds |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 299,060 | (348,078 | ) | (1,353 | ) | (50,371 | ) |
| TOTAL FUNDS | ( |
) | ( |
) | (50,371 | ) |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.9.23 | in funds | 31.8.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 158,698 | (794 | ) | 157,904 |
| TOTAL FUNDS | 158,698 | (794 | ) | 157,904 |
| Yorkies Daycare |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2025 |
| 12. | MOVEMENT IN FUNDS - continued |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Gains and | Movement |
| resources | expended | losses | in funds |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 283,286 | (286,134 | ) | 2,054 | (794 | ) |
| TOTAL FUNDS | 283,286 | (286,134 | ) | 2,054 | (794 | ) |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.9.23 | in funds | 31.8.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 158,698 | (51,165 | ) | 107,533 |
| TOTAL FUNDS | 158,698 | (51,165 | ) | 107,533 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Gains and | Movement |
| resources | expended | losses | in funds |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 582,346 | (634,212 | ) | 701 | (51,165 | ) |
| TOTAL FUNDS | 582,346 | (634,212 | ) | 701 | (51,165 | ) |
| 13. | RELATED PARTY DISCLOSURES |
| The charity is connected to York Road Nursery & Pre School, During the year the charity received income of £60,004 and expenditure in respect of £43,338 for rent and repairs costs |
| There were no other related party transactions. |