Charlty reglstratlon number 1002791 (England and Wales) SCORTON VILLAGE PRE-SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ¢? xeinadin
SCORTON VILLAGE PRE-SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs L Booth Mrs R Craggs Mrs K Wallace Mrs R Monaghan Mrs S McGeough (Appointed 6 August 2024) Charfty number (England and Wales) 1002791 Prlnelpal address Scorton War Memorial Institute North Yorkshire DL10 60N Independent examlner Deborah FletChercvaY FCA Xeinadin Trinity House Thurston Road Northallerton North Yorkshire DL6 2NA Bankers Bardays Bank pl¢ 31 High Row Darlington County Durham DL3 7QS
SCORTON VILLAGE PRE-SCHOOL CONTENTS Pag• Trustees, report Independent wAamln8rfs report Statement of financlal actlvllle8 Balance 8heet Notes to the flnandal statsments 6-11
SCORTON VILLAGE PRE4CHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and ffinancial statements for the year ended 31 March 2025. Th8 ftnancial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply wilh the charitvs conStitIon. Ihe Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to chatiiies preparing their accounts in attordance with th8 Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102). (èffectlve 1 January 2019). Objectives and activities The charity's prtncipal activities continue to be that of enhancing the development and edUcaon of chlidren prÉmarlly under statutory school age by: Encouraging parents to undèrstand and provide for the needs of their children through community groups and by offering appropriate play, education and care facilities and training courses, together with the right of parents to tske responsibility for and to become involved in the activities of such groups, ensurlng thal such groups offer opportunities for all chlldren whatever their race. cJJlture. religion, means or ability: Encouraging the study of th8 needs of such children and their families and promoting wblic interest in and recognltion of such needs; and Instigating and adherlng to and furthering the alms and objects of the prh0o1 leaming. The trustees have paid due regar<1 to guidance Issued by the Charlty Commisslon In decldlng what a¢tlvitle$ the charity should undertake. Achlevements and performance This year Scorton Village Pre-school has continued to provlde a consistenlly high standard of childcare to pr school children within Ihe local area. The childcare environment in vthich we operate is becoming increasingly competitive and as a charity we review our activities and Ihe s8NIc8S W8 provide to ensure we are able to me8t thé demands of local parents to the best of our ability- Scorton Mllage Pre-school Is commltted to provldlng ihe best care available to the chlldren and their famllles and WIIS continue to do so in the future. We continue to strengthen our poliae5 and procedures and introduce updatss ere applicable. Our staff regularly complete training and we are looking io offer an apprenticeshlp in the future. The changes in govemrnent funding for early years settings has led to a greater demand for staff thin the setting due to ratios and a$ many younger children are now eligible for funded diildcare, we have reluctantly closed Ihe toddler group. The PreSchool children regularly partake in activities in and around the vii lage. they have perfomed random acts of kindness, have been shopping to the post office and completed fitness challenges on the green. We are always looking for allematlve ways of engaging with the wider community. We changed the fomat of our Christsnas fair to a chil¢red Christmas activity day, with only the families of Pre- School children being invited. Although smaller than our previous events it was very successful and built relationshlps within our Pr&8chool families and beiween them. We have held several successful srnall fundraising activlties v*ithin the year induding raffles and sponsored events: the charity also monitors the potential for grants and funding applications from a variety ol organlsations to support our long-tern financial viability. Our fundraising account is used to provide extracurricular activities, such as animal experiences and we have begun to introduce some exlemal providers into the setting induding yoga and dance dasses. We hold reserves in both our current and savings accounts which will allow us to operate for at least six months should the funded childcare provision be delayed. We will continue to follow our reserves policy to maintain them whenever possible. The volunteers who wlth us are not customer faclng bui are commiitee members and trustees and can meel virtually to ensure the smooth running of Ihe charlty.
SCORTON VILLAGE PRE4CHOOL TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal rnvlow The Statemenl of Financial Aclvitles Shows an overall Inease In reaerves In the year of £14.554 {2024- £22,272). Total In¢ome amounted to £172,800 (2024- £152,920). As at 31 Marth 2025 the charlty had unre8trlthd fund8 of £134,214 (2024 - £119,680). These unrestrided fund8 Indude cash at bank of £138.282 (2024- £120,967). The Ini8tees have resolved to establSsh reserves to provlde for fijlure acllvlllo8, and the tru8lees have wlde powern of InvestmenL Wthin these powern a pollcy has been detemilned that the exlsllng a88ets be relalned to produce Income whlch Is wholly utlllsed to support exlstlng arAlvities. The Intention In the immedlale fulure18 10 ongure that the pre-8chool holds adequate reserves to ensure that 5t cAn maliitsln the vlablllty of the charfty In relation to the ongolng changes In govamment chlldcare fundlng pollcles. Reserve8 held are CA)n81dered only buffidant lo cover a rnasonable pertod of expendtture, Should further Income fall to mat8Aallse, and are held In an Intewe8t bearlng bank aecount. 8tru¢tyrei governance and managoment The charlty18 an unIncoOr8l8d assodatlon govemed by a consthjtlon. Ellalbnity for mernbershlp of the charfty and member8hlp of the board of truslees 18 governed by Ihe con8Itutton. There are no re8tr1ctlons In the governlng documem on the operatlon of the charfty or on IVS Investment power8. other than th08e Imposed be general charlty The trUSto88 who rVed durlng the year and up to the date of 8lgnaturn of Ihe Iln8ndal 8talement8 were: Mr8 L Booth Mrs R Cragg8 Mrn K Wallace Mrn R Monaghan Mr8 S McGaough IAppolnted 8 August 2024) The tW8tee8 are appolnted at the chathV8 annual general meellng (AGM) and relre from office at the thlrd AGM followlng the AGM at whlch they were ele¢Xed. Any cgsual vacancy 8rl8lng durfng tho y•ar18 fl118d by c0pOn of a person onto tho board; that per80n Is then duly elected at the $ub8equenl AGM. Th8 d18tr1ci manager and thrne 8ddltlonal staff are al60 tru8tee8, a8 authorf8ed In the govemSng documenL No third party haa a Ylght Io 8ppoint a trustee. Other than the trustee8 and those person8 connected wllh them, there are no Indlvldual8 who are related partlo8. Detalls of transactlons wlth related partles are shown In the noles to the accountg. The tru8tee8' report was approved by tha Board of Trustee8. Mrs L Booth
SCORTON VILLAGE PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SCORTON VILLAGE PRE4CHOOL I report to the trustees on my examination of ihe financlal statements of Scorlon Viltage Pre-school (the charity) for the year ended 31 March 2025. Responslbllltles and bas18 of report As the trustees of the charlly YOU are r8spon$lble for the preparatlon of the flnanclal statements In accordance wSth the requlrements of the Charftles Acl 2011. I report In respeGt of my examination of Ihe charSty's financial statements carried out under section 145 of the Chafltles Act 2011. In carying out my examinatlon I have followed the Dlrectlons given by the Charity Commission under section 145(5llb) of th8 Charities Act 2011. Independonl examlne¢s statement Your attenllon Is drawn to Ihe lact that the charfty has prepared the financlal statements In accordance wlth the relevant version of the Statament of Recommended Pracllce applicable to ¢harSlles preparlng U)elr fin8n¢lal statements In accordance vAlh the Flnanclal Raportlng Standard applicabla In the UK and Republlc of Ireland (FRS 102) In preference to tha Accounting and Reportlng by Charltl88'. Statement of Recommended Pracllce Issued on 1 Aprll 2005 which Is referred to In the extsnt regulation8 but has now been wlthdrawn. l understand that this has been done In order for the finandal statements to provide a true and falr vlew In accordanc8 vlth UK Generally Ac¢epied AccountSng Pracllce. I have completed my examlnatlon, I conflmi that no matters have come lo my attenllon In connectlon wlth the examlnation givlng me cause to belleve that In 8ny materlal respect.. accountlng records were not kept In respect of the charfty as requlfed by sectton 130 of the Charltles Act 2011. the financial stslements do not accord wlth those records; or the Ilnanclal statements do not comply with the appllcabte requlr8ment8 concA8mlng the fomi and content of financial ststements set out In the Charities IA¢¢ounts and Reports) Regulations 2008 olher than any requlrement thal th8 flnanclal slatements glve a true and falr vlew, whlch Is not a matter consldered as part of an Independent examlnatlon. I have no concems and have come across no other fflatters In conn8cllon wlth the examSnatlon lo whlch attentlon should be drawn In this report in order to enable a proper understanding of the financlal stalemenls to be reached. Deborah Fletehèr.McVay FC Xelnadln Trinity House Thurston Road Northallerton North Yorkshlre DL6 2NA r+.IT. ts
SCORTON VILLAGE PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted funds 2025 Unrggtricted funds 2024 Notès Income from: Donations and legades Charitable activities Othèr trading activitie5 Investments 500 171,004 304 992 560 151,222 527 611 Total Income 172.800 152.920 Expenditure on: Charitable activiti8S 158,246 130.648 Total expendlture 158,246 130.648 Net Income and movement In funds 14,554 22.272 Re¢onclllatlon of funds: Fund balances at 1 Aprll 2024 119,660 97,388 Fund balances at 31 March 2025 134.214 119.660 The statement of financial adivities includes all gains and losses recognised In the year. All income and expendllure (lerfve from conunulng acllvSlles.
SCORTON VILLAGE PRE-SCHOOL BALANCE SHEEr AS AT31 MARCH 2025 2026 2024 Flxod a88ets Tanglble assets Current a880ts Debtors Cash al bank and In hand 814 136.262 1,674 120.967 137,076 122,841 Cr•dltorn: amounts f•lllng du• wlthln on• ar 12 <5,212) (5.304) Ilat cunent a•8ets 131,884 117,337 Total aM•ts current bInd•* 134,214 119,680 134,214 119,660 Thg fund¥ of the ¢harfty Unrastrftxed funds 134.214 119.660 134,214 119,860 The Ilnandal 8latement8woro approwd by the tft .0..1.111.10z S Mr8 L 800th
SCORTON VILLAGE PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng polleles Charlty Infomiatlon Scorton Village Presthool Is an unSncorporated tharity. 1.1 Accountlng convontlon The financlal stalemènts have been prepared In ac¢ord8nc8 wlih the charliys constitution. the Charitles Act 2011, FRS 102 "Th& Financlal Reporting Stsndard appllcable In the UK and Republlc ol Ireland. {'FRS 102") and the Charities SORP "Accounting and Rèporting by Charflles: Statement of ReGomm8nded Practl appllcable to charities preparlng th8lr accounts In accordance with the Fin8nclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). {effectlve 1 January 2019), The charity Is a Publlc Benefit Enllty as defined by FRS 102. The charity has taken advantage of the provlslons In the SORP for charftles not to prepare a Statan8nl of Cash Flow8. The financS8l staternents have departed from th8 Charltles (Accounts and Reports) Regulatlons 2008 only to the extent requlred to provlde a true and falr vl8w. This departure has Invo5ved followlng the Statement of Recommended Practlce for charlties applylng FRS 102 ralher Ihan the v8rslon of th8 Statement of Recommended Practice which is referred to In the Re9ulatlons but whlch has Since been wlthdrawn. The financlal statements are prepared In sterllng, whlch Is the functlonal currency of the charfty. Monetary arnounts In these finandal siatements are rounded to the nearest £. The Iln8nclal statements have been prepared under the hlstorlcal cosl ¢onventlon. The prfnclpal accounung polldes adopted are set out below. 1.2 Golng concern At the t5me of approvlng the flnonclal statements, the trustees have a reasonable expectatlon that the charlty has adequate restrJrc8S to continue in operglional exlstsnce for the foreseeable future. Thus the tstee9 contlnue to adopt the golng concem basis of accounting In preparing the financlal slalements. 1.3 Charftablo funds Unrestricted funds are avallable for use at the dlscretlon ot the trustees In furtherance of thelr charSlable objecllves. 1A Income Income is re¢ognlsed when the ch8rfty Is legally entitled lo It after any performance condltlons have been me( the amounts Can be measured reliably, and it is probable that income wll be received. Cash donations are recognlsed on recelpt. Earty years fundlng Is recelved from North Yorkshlre County Council for those chlldren attendlng sesslons under the funding guidelines. The funding is recognised on a monthly basis according to pupll numbers and forecasled figures. Other charltable activ]ty and tradlng act¢vities income Is recognised when receivable by Ihe Charity. Investment income, in the fomi of investment Interest and dlvidends. Is recognised when receivable by the charity.
SCORTON VILLAGE PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng polldes (Contlnued) 1A Expendlturn Resources expended are induded in the Stalernent of Financial Activi on an accruals basis. inclusive of any VAT wthich cannot be remvered. Charitable expendiiure comprises those (x)sts inrred by the tharity in the delivery of Its activitles and serrfices. Exp8nditure on raising funds rePts those costs assoiiated with generating the dher trading incom8. 1.6 Tanglble flxed assets Tangible fixed assets are initialy nasured at cosi arKI gjbsequenty measured at $1 or valuation, net of depreciation and any impainnent105ses. Depreciation is recognised so as to write off Ihe cost or vaallon of assets18SS ther restdual values over their useful lives on the following bases: Fixtures and fittsngs 15% strawht line The gain or loss aiTgng on the disF)osal of an asset determined as the diffwce between the sale proceeds and the carying value of Ihe asseL and is recognised in the ststement of fjnancial adivities. 1.7 Retlrement benellts Payments to defined contribulion retirement benefft schemes are dwged as an expense as they fall due. Income from donatlons and legacles Unrestrfcted Unrestrict•d funds funds 2025 2024 Donations and gifts Training grants 560
SCORTON VILLAGE PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltablè aetlvltles Unrestrlcled Unrestrlctsd funds funds 2025 2024 By actfvlty Fees Vouchers Toddl8rs club Perfomiance related grants 27,524 22,874 15.667 311 112,370 143,480 171,004 151,222 P•rforniance related grants analy•ls 2025 2024 NYCC grant fundlng 143,480 112,370 Incom• from other tradlng a¢tlvltl•• Unraslrlctod Unr•8trl¢t•d funds fund• 2025 2024 Fundralslng Income 304 527 Income from Investmonts Unrestrfcted Unrestrlcted funds funds 2025 2024 Interest receivable 992
SCORTON VILLAGE PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on Charltable actfvitles Unrestrlcted Unrestrlcted funds funds 2025 2024 Direct ¢osts Staff costs Depreciation and impainnent Rent Slaff tralnlng Insuranc8 Repaits and aquipment renewals Education. activiti8s and travel Adverts Stationery and office costs Subscriptions Donations and gifts Accountancy fees Food. milk and sundry expenses 137,256 551 5,599 719 1,895 630 1,979 373 377 321 458 2.972 5.116 108.366 4.411 517 1,127 2,480 2,869 356 110 371 2,978 5.787 158.246 130,648 Anatysls by fund Unrestrlded funds 158,246 130,648 Accountancy fees includes payments to the accountants of £1,320 12024 £1,266) for accountancy ar independent examination fees. and £390 for payroll services (2024- £360>. Trustee8 One of Ihe trustees received remuneration during the year of £32.255 (2024: £27.055) for her employment with the charity. no remuneration was receivèd for her role as a trustee (2024: nil). Another trustee reIVed £1.260 (2024: £1.260) for providing bookkeeping services to the tharity, no remunerdtion was received for her role as a Irustee (2024: £nil). Employees The average rnonth number of employees durtng the year was: 2025 Number 2024 Number Engaged in tharltable activities
SCORTON VILLAGE pRECHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 PAARCH 2025 Employees (Contlnuod) Employment costs 2025 2024 Wages and salarfes Social security costs Other pen51on Costs 130.136 4,721 2.399 104,240 2.304 1.822 137.256 108.366 There were no empkjyees whose annual romun8r8tion was more than £60.000. Taxatlon The (knrity Is exempt from taxation on Its avItIeS because all Its Inc(#ne Is applled for charltable purpose$. 10 Tanglbl• llx•d •8•els AUma •nd Ilttlnol Co•t At 1 Aprll 2024 Addltlons 5.006 578 At 31 March 2025 D•preclatlon and Impalrm•nl At 1 April 2024 Depreciatlcffi charged In the year 2,683 551 At 31 M8r¢h 2025 3,234 Carrylng amount At 31 March 2025 2,350 At 31 Marth 2024 2,323 11 Debtorn 2025 2024 Amounts falllng due wlthln one year: Prepaymenls and accrued income 814 1,674 10-
SCORTON VILLAGE PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Credltorn: amounts falllng due wlthln one year 2025 2024 Other taxallon and social securlty Other creditors Acc¥uals and defeThed income 2,298 1,359 1,555 1,723 2.289 1.292 5,212 5.304 13 Relatsd party transa¢tlon* During the year one trustee pald fees totalling £215 (2024 - £nll) to the charty in respect of thelr children attending the pr&school. 11