Yes, it does. A setting in the stories tell moment in time and location then we know where or when is happen. Some setting in the stories are interesting for me for example, Nicholas went into the lumber-room. When he walked, he saw an old everything around him such as the picture of a man dressed in the hunting, an old book with dust. All of these are clearly that first time in this place for Nicholas. Even though the lumber-room is old ,but this place is a new thing for him