2025-03-31-accounts - Hurley Pre-School

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Hurley Pre-School

Hurley House, Kempsford Road, London, SE11 4PB Phone/Fax 020 7582 1838 E-mail – hurleypreschool@gmail.com Web address: - hurleypre-school.com Registered Charity No. 1000974

HURLEY PRE-SCHOOL ANNUAL GENERAL MEETING FRIDAY 17[TH] JANUARY 2025

9.30am-11.00am

Ashley Barham (Chair) welcomes everyone to meeting, introduces herself and explains the housekeeping rules:-

Please turn off Mobile Phones.
There are refreshments for everyone, please help yourself.
Toilet facilities are available in the Family Room.
If the Fire Alarm sounds please follow staffs instructions and evacuate the building to our Assembly Point in Dryden Court

The Annual General Meeting has been called to elect a new Committee for 25/26 and to adopt the Early Years Alliance Constitution and to update our Policy’s and any other documents.

There will be questions and answers at the end of business today.

Present: - Ashley Barham, Shermaine Rowe, Edna Fernandes, Nichola Smith, Rosemary Phillips, Elle-Mae Kenyon, Hawa Yusef, Laura Erdman.

Apologies: - None

Minutes of last AGM. Read and agreed- Yes

Matters arising: - The flood damage that was caused to the building has now been repaired by ourselves, we still have a small leak in the front entrance and we are still complaining about it. The first floor toilets have the new ceiling prepared but not up at the moment as that leak has not stopped.

Fund raising from our ‘shop’ and items in the front entrance has been a great success so if anyone has any items they would like to donate please bring them along. We haven’t been able to spend the time on our fund raising efforts and this should be our first priority as numbers of children attending are low.

We are still partners with Sainsbury’s but there are not a lot of donations at the moment.

We had a Christmas Party this year with entertainment and took the children to Battersea Power Station, where they all wanted to Ice Skate. The full time children will also had a Christmas Lunch.

Committee Report: - Ashley Barham (Chair)

Thank you to everyone who has attended this meeting. It is very important that we elect a new Committee today in accordance with the Charity Commission and OFSTED rules.

The 2023/24 Committee had several meetings over the year to discuss funding and the general running of the group. Minutes of these meetings are always displayed in the front entrance for Parents/Carers to read. There are no confidential matters displayed.

Deadline for the Charity Commission, Inland Revenue and Discretionary Rates were all met as well as any invoices attached to the pre-school. We do not owe any monies.

Updated Policies will need to be adopted and signed by the new Committee. Some of the wording for our Safeguarding Policy have been changed to cover all eventualities. There are a few new Policies too, which will be added.

Any new elected members will need an EY2 form for OFSTED and DBS (Criminal Check) which the pre-school pay for before they can become Trustee’s. This certificate lasts for 3 years and will help anyone who is looking for employment as they can add this to their CV including the voluntary work they do as a member of the Committee.

It is important to attend Committee Meetings when arranged or to let the Chair or the pre-school know that you are not attending.

Thank you once again to the outgoing Committee members for their support throughout the year and we hope the new Committee settles into their role successfully.

Treasurers Report: -

The accounts for the year 23/24 have been prepared by Chris Atkins & Co Certified Accountants in accordance with our Conditions of Grant Aid. They will be looking at this year’s accounts (24/25) in April 25. We have a Business Account with Santander.

The accounts for 2023/24 are:-

INCOME £196439.00 EXPENCES: £192686.00

Net Income £3753.00 Brought forward £263,046.00

Our numbers of children are down on this time last year but we hope to have more children attending that are between 22 & 24 months, also the working 2 year old funding and the deprived 2 year old funding is helping us. The 30hr funding for the younger children come into force in September 25 which will also help us. The local schools are also missing children as the birth rate has dropped dramatically.

We have 6 months reserves for Maternity Pay, Severance Pay and running costs but we cannot always do this as fees and funding fluctuate. Our bank balance is healthy at the moment and we must make this last until at least July ’25. With the financial climate as it is at the moment we will need to make positive changes to the way we raise funds and charge for our services. Food for the children in the pre-school is becoming an issue and we may need to increase our charges.

Please be aware that we do not get any funds for running the pre-school or for salaries etc. All the resources that we use to support the children have to be fund raised for.

A Risk Assessment on our business strengths show that there is still a need for pre-school places but the funding of them is the problem. Some families do not qualify for any benefits and that includes childcare. The criteria for the 2 year old funding is based on income & benefits not on the need of the child. We are receiving interest from children who have not been approved because their parent’s income is just above the threshold. The ratios of staff to children did increase but this has not helped us at the moment.

A threat to the business could be Parents/Carers losing their jobs or moving home and then not requiring fulltime places. National Insurance contributions increasing in April. Lambeth requiring us to pay rent or service charges.

We can report that we have met all our commitments this year but generating more income is a must if we want to improve our situation next year.

Staff Report – Rosemary Phillips

In January 2025 we have 9 staff and all are DBS and referenced checked. All the staff have again worked extremely hard over the last year to improve the pre-school for all the children that attend; this includes training and workshops to keep them up to date with the children’s needs and the requirements of the authorities.

Linda -Supervisor has been supporting staff with their planning and keeping the children’s new profile books up to date and completing the children’s Transition to School forms. New Contract of Employment were issued to all staff last year.

Hidiat/Nassima/Awatif/Jasmine are responsible for their key children each day and plan accordingly.

Awatif/Suad/Jasmine help with the children at Lunchtime and Linda/Rosemary clear the kitchen after lunch.

Esmeralda has returned after her Maternity Leave and is supporting a small group of children who will be starting Primary School in September 25.

Vjollca has now agreed to be our SENDCO but will need support from other staff.

All staff are responsible for the cleaning of the pre-school each evening.

We have gone back to our original planning of separate group’s 2 year old upstairs older children downstairs and this works well. We do not have many children attending in the afternoons so we may have to think about staffing levels.

- - ELECTION OF 2025 2026 HURLEY PRE SCHOOL COMMITTEE

Parent’s names have been put forward for election and some members from last year are willing to stand again for a further year. If there are no objections these people will be elected onto the Committee and the 2023-2024 members will stand down.

Proposed New Committee Members 2025-2026

Ashley Barham, Shermaine Rowe, Edna Fernandes Nicola Smith

The roles of Chair, Treasurer and Secretary will be allocated at the first meeting. There was discussion regarding sharing the roles to support each other. Committee Members will need to complete EY2 Form and a DBS check. Committee Meetings will be held in the pre-school at a convenient time for everyone and at approximately 2 monthly intervals, unless there is something that needs to be dealt with immediately.

The pre-school would like to thank all the members of last year’s committee, without your support we would not be able to finance the pre-school or do the things that we do for the children.

The first task of the committee is to sign the Policies and Constitution etc. for the following year.

ANY OTHER BUSINESS:-

The profile books are working well and parents pleased when they receive them.

We had lots of SENCO support and advice from Lambeth to help us deal with children with additional needs.

Staff attended Workshops and training throughout the year

Sainsbury still support us by giving us donated food from their Vauxhall Store & Riverlight Stores.

We are having 3 students completing work experience in February so we are going to try and arrange more outings for the children.

We celebrated lots of festivals throughout the year.

We celebrated World Book Day and all the children received a voucher to spend on a book in WH Smith

We had a lovely Graduation Day/BBQ at the end of Summer Term for all the children leaving us to go on to their next school. Thank you to all the parents who helped and supported us.

We entered the Scarecrow Competition in October, we were all winners.

The Christmas party went well, with Santa and an Entertainer. Reindeers donated to us for our garden. OFSTED Inspection March 24.

We raised funds for the BBC C/I/N and for a lady who had a burglar who stole her money.

There has been talk about demolishing tower blacks that are made with concrete slabs, which is the one we are housed in. So there could be a re-location on the way. Lambeth are asking us to upload all documents from July 25 and Sharmaine has offered the help of a friend to show us how to do this.

END OF MEETING…11.00………….. NEXT MEETING …10/02/26………………

Signed ……… date…..06/02/25[|]

Charity number: 1000974 HURLEY PRE-SCHOOL Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2025

HURLEY PRE-SCHOOL Contents Page For the year ended 31 March 2025 Report of the Trusteés Independent Examineffs Report to the Trustees Statèmént of Financial Ac16vltl88 statement of Flnancial Posltlon Note8 to the Finandal Statements 5t08 Detalled Statement of Flnandal Actlvities 9t010

HURLEY PRE-SCHOOL Report of the Trustees For the year ended 31 March 2025 The Trustees have pleasure in presenting their report and the financial statements for the tharity for the year ended 31 March 2025. The Trustees have adopled the provlsions of Accounting and Reporting by Charlties.. Stalemenl of Recommended Practice applicable to charitie5 preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102} (effective 1 January 20191. OBJECTIVES AND ACTNtriES ObJeGtlve8 and alm• The trustees have considered the Chaty Commlslon's guidance on publlc benefit. indudlng the guldance 'publlc benefil.. running a tharity IP821'. FINANCIAL REVIEW The nel incoming resourcas for the year reSUed to the deficit 01 £26,167.39 and all which was attributable to the gengr81 reserves of the charity. REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charlty Charlty r•918tratlon number Prlnclpal addre•• HURLEY PRE-SCHOOL 1000974 HURLEY HOUSE KEMPSFORD ROAD, KENNINGTON LONDON SE114PB Tru8te•• The trustees and officers servlng dudng tha year and since the year end wère as follows.. Miss ASHLEY BARHAM Mlss SHERMAINE ROWE Ms EDNA FERNANDES Ms NICOLA SMITH Independenl examlner CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBVS WAY LONDON SE7 7SF Approved by the Board of Trustee8 and signed on it8 behalf by 28 August 2025 Miss ASHLEY BARHAM (Director) 1 of10

HURLEY PRE-SCHOOL Independent Examiners Report to the Trustees For the year ended 31 March 2025 I report to the trustees on my examinalion of the a¢¢ounts of the charity for the year ende(131 March 2025. Responslbllltles and basls of report As the Gharily Iwstees. you are re6ponslble for the preparauon of the accounts In accordance with Ihe requirements of the Charities Act 2011 I'lhe 2011 Act,). I report in respect of my examination of the charilvs accounts carried out under section 145 of th8 2011 Act and In carying out my examinats'on I have followed all th6 applicable Directions given by the Chanty Commission under section 14515)Ibl 01 the Act. Independent ex•mln•rs statem•nt I have completed my examination. I confirm that no matters have come to my attenllon In connects'on wlth the 8xaminatlon givlng me Gause lo believe thal in any material re6pecl'. 1. accounting records were not kept in respect of thè Charlty as required by section 130 of the 2011 Act., or 2. the accounts do not accord wlth those records; or 3. th8 accounts do not comply with the applicable requlrements concerning the forni and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 other th8n any requirement that the accounts give 8 Inje 8nd fair vieb ich is not a rnatter considered as part of an Independent examination. I have no concerns and have corne arAoss no other matt8rs In conneclion wth the examinatson lo which allention should be drawn in this report in ordèr lo enable a proper understsnding of the accounts to be reached. Chris Atkins Services One Limited CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, 8UG8YS WAY LONDON SE7 7SF 07 August 2025 2of10

HURLEY PRE-SCHOOL ststement of Financial Activities For the year ended 31 March 2025 Notes Unrestflcted fund• 2024 Income and endowments from.. Donations and legacies Other income Other income 1 170.855 181.609 19.778 14,830 196,439 Total 190,633 Expèndlturn on: Charitable activit168 415 EDUCATION Aclivily 9 Total 1214,550) (2,2501 {216,8001 {190,4361 (2,2501 (192,6861 InGom•l•xp•ndltur• Reconclllatlon of fund¥ Total funds brought fOard Total fund• carrled foThiard (26,1671 3.753 266.799 263,046 240.632 266,799 3of10

HURLEY PRE-SCHOOL Statement of Financial Position As at 31 March 2025 Noles 2025 2024 Fixed assets Tangible assets 10 140,935 140.935 144.500 I44,0 Current aBsets Cash at bank and in hand 101,947 101,947 (2,250) 124,549 124,S49 12,2501 Credltor•: amounts falllng duo wlthln on• year Net current assets 99,697 240,632 122,299 266,799 Total a$ts le•• current Ilabllltle¥ N•t •ss•ts 240.632 266,799 The fund• of the charlty Unr8slricled income funds 12 240,632 266,799 Total funds 240.632 266,799 The financlal statements were approved and authofls8d for Issue by the Board and signed on Its behalf by.. Mlss ASHLEY BARHAM Trustee 28 August 2025 4of10

HURLEY PRE-SCHOOL Notes to the Financial Statements For the year ended 31 March 2025 1. Accountlng Pollcles Basls of a¢ntIng The financial statements have been prepared under the historical cost convention. except for Investments which are induded at market value and the r8valuation of certain fixed assets and in accord8nce with the Charities SORP IFRS 102) 'Accounling and RepO.g by Charities.. Statem8nt of Recommended Practsce applicable to Gharities preparing their accounts in accordance with the Financial Reporttng Standard applicable in Ihe UK 8nd Republic of Ireland (FRS 1021 leffeclive 1 January 2019),. Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). and the Charities Act 2011. HURLEY PRE-SCHOOL meets the definition ol a public benefit enlily under FRS 102. Assets and liabilitses are initlally recognised at hIst0C81 cost or transaction value unless otheTWiSe slated in the relevant accounting policy note(sl. Golng con¢ern Incomlng roiource• All incoming resources are induded In the slalemenl of financial aclivSties when the Charity is entitled lo the income and th8 amount can be quantified with reasonable accuracy. Th8 following 6perAfic policie6 are applied lo parttGular categories of income- Rè$ourc•s èxpended Liabilities are recognised as resources expended when ther¢ l¥ a legal or constructlve obllgation Gommittlng the Charity to the expenditure: T•xatlon The charity Is exempt from corporation lax on Its charitable 8Ctlvitie8. Tanglble flxod as8•ti Tangible fixed assets, other than freehold land, are slated at cA)sl or valuation less depreciatlon and any provlslon for impaiment. DepreGiation is provided at rates calculated lo wrilo off the cost or valualit)n of fixed assets. less their estimated residual value, ov8r their 8xpected useful lives on the following basis.. Buildings.'Long leasehold assèt Fixtures and Fittings 2Y. 25• 2. Incom• from dOnOnI and l•gacl•s 2025 2024 Unr•strlcted funds Don8tions received 22.401 148,454 31.911 Grants rtscelved 149,698 170,855 181,609 5of10

HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2025 3. Other Incom• 2025 2024 Unrestrlctod funds Other income 1 19.778 14,830 19.778 14.830 4. Costs of ch•rltabl• acllvltl•s by fund typo 2025 2024 Unreairfcted fvnd• EDUCATION 214.550 2,250 190,436 2,250 Support CQ4ts 216,800 192,686 5. Costs of Gh•rltobl• a1vItI0¥ by •¢tlvlty typ• 2025 2024 AGtlvlll•s und•rtsk•n dlrectly EDUCATION 214,550 2,250 190,436 2,250 ActitY 9 216,800 192,686 6. Analy818 of 4upport CO8t8 2025 2024 Governance costs 2,250 2,250 6of10

HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2025 7. N•t Incom*ll•xpendituro) for th• yoar This is stated after chargingl{crediting): 2025 2024 Depreciatlon of owned fixed assels Accountan¢y fees 3.565 2,250 3,867 2,250 8. Staff costs and •molum•nts Total st8ff costs for the year ended 31 March 2025 we". 2025 2024 Salaries and wages SoGlal 8urity costs 172,981 8,547 148,299 5,259 181,528 153,558 2025 2024 Admlnislratlon & Operatlons 11 11 Th8 comp8r8llv8 year values on the Statement of Flnandal Actlvltas are for unrestrfclad funds. 7of10

HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2025 10. Tanglble flxed asset• Bulldlngs:Lo ng l•asehold asset Flxtur•5 and Flttlngs Cosl or v•lu•tlon Total Al 01 April 2024 At 31 March 2025 194,762 194.762 96,262 96,262 291,024 291,024 D•preclatlon At 01 April 2024 53,198 93,326 146,524 Charge for year Al 31 March 2025 N•t book valu•• 2.831 56,029 734 3.565 150,089 94,060 At 31 March 2025 138.733 2,202 140,935 At 31 March 2024 141,564 2,936 144,500 11. Crndltor•: amounts falllng due wlthln on• year 2025 2024 AGGruals and deferred income 2,250 2,250 2,250 2,250 12. Mov•m•nt In funds Unr•strlct•d Funds Balanc• at 0110412024 InGomlng r••ourc•• Outgolng r•••)urc•• 3110312025 G8neral General 266.799 190,633 (216,8001 240,632 266,799 190.633 1216,8001 240,632 Unre•trlcted Funds - Prevlous year Balance at 0110412023 Incomlng re8our¢gs Outgolng resources Balance at 3110312024 General General 263.046 196,439 (192,686) 266.799 263,046 196.439 1192.6861 266,799 8of10

HURLEY PRE-SCHOOL Detailed Statement of Financial Activities For the year ended 31 March 2025 Purpose of unrestrlct•d Funds General Unrestncted g8neral funds- compnslng funds which can be used in accordance with the charilable oblects at tho discretion of the trustee8. 13. An8tysl• of n•t o•$ets botwe•n fund• Tangible x•d a¥¥ot• Net current Not As••ts Unr•strlct•d funds General General 140,935 99,697 240,632 140.935 99,697 240,632 Pr•vlou• y•ar Tanglb Ilx•d I¥•* N•t curr•nt •#••t• I Unrn8trlct•d lund¥ Genoral General 144,500 12g,299 266,799 144,500 122,299 266,799 9of10 This page does not fom part of the statutory finanaal slatements

HURLEY PRE-SCHOOL Detsiled Statement of Financial Activities Continued For the year ended 31 March 2025 2025 2024 INCOME AND ENDOWMENT Don•tlon• and legacl•s Fees Received Nursery Vouchers & Grants 22,401 148,454 31,911 149,698 170,855 181,609 Oth•r Income Other Incomè 1 19,778 14,830 19,778 14.830 Total Incornlng r•sourc•s 190,633 196,439 EXPENDITURE Charltabl• •ctlvltJ•¥ Staff Costs - Wages & Salaries (Educats'on) Staff Costs - Soci81 Security Costs (Education) Depreci8tson - Ovmed Assets (Education) Leaming Aids, Materials & Resources (Education) Secunly, Health & Safely {EduGalionl Refreshments, Food & Catedng {Educatlon) Tr8vd8 And Sthool Outlngs (Educatlonl Telephone (Educallon) Repairs & Renewals (Education) Pflntlng, PDStage & Stationery IEduGallon) Cleaning & Hygiene IEducatlon) Insurance Premiums IEduGalion) Trainlng (Educallon) Bank Charges IEduGationl Water Rates (Education) Pet, Garden & Tralnlng (Educatlonj Donations To Charity (Education) Sofv8re IEduGationl Volunteer Expenses (Education) Children Entertainment IEduGatson) Website IEduGalion) Professlon81 Fees (Education) Pel & Garden (Educallon) (172,9811 (8.5471 (3,5651 (1,347) (148,299) 15,2591 13.8671 12,1871 (1,420) (13,539) {1,1441 16351 (6,2781 18841 13501 15471 {4431 12,211) (15.786) (1,159) (691) {5,802) (1.236) {663) (6541 171 (959) (491) 120) 198) {820) {227) (1,247) 1201 1103) 17551 (221 {530} {393) (214,550 1190.436) SUPPORT COSTS Governance cost• AccounlanGy Fees (Activity 9) 12,250) (2,250) {2.250) (2,250) Total resource8 expended 1216.800) 1192,686) Nel Expendlture (26,167) 3,753 10of10 Thls page does not form part of the statutory financial slatements

Charity number: 1000974 HURLEY PRE-SCHOOL Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2025