REGISTERED CHAIUTY NUMBER: 1013001 Report of the Trnsttts aod Unwudited FinAncl*l St*ttmeDts for the Ye4r EDded 31 March 2025 for MEDSTEAD PRE-SCHOOL & I￿URSERy B20 LimitC41 Chartered Certified Accountants Clwwell House Wilsom Road Alton Hampshire GU34 2PP MEDSTEAD PRE￿cHOoL & NURSERY Contents of the Financlal Statements for the Year Ended 31 Mareh 2025 Page Report of the Trustees Independent Exwminer's Rep)rt Statement of Finanelal Ac¢ivltles Balance Sbeet Notes to the Fln*nclal StxtemeDts 5 to 8 D¢t4lled Statement of Financtsl Actmtles 9 to 10 MEDSTKAD PRE-SCHOOL & NURSERY Report of the Trwtees for the Year Ended 31 Mxreh 2025 The trustees present their rewrt with the fmancial statements of the charity for the year ended 31 March 2025. The tn￿tee5 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) (cffective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governlllg document The charity is controlled by its governing documenL a deed of trust and constitufrs an unincoTporated clMTity. REFERENCE AND ADMtNISTrATIVE DETAILS Registered Charlty number 1013Tr)1 Princip212ddress Roe Downs Road Medst¢ad Alton Harnpshirc GU34 5LG Trustees K Dann (resigned 21.11.24} S Rodwell (resigned 13.10.24) A Evans C Hallett (resigned 13.10.24) G Ford (resigned 13.10.24) J Saw)ders (appointed 13.10.24) J Cruse (appoinled 13.10.24) L Roberts (appointed 24.10.24) Independent Eiamlner B20 Limiled Chartered Certified Accountants Charwell House Wilsom Road Alton Hampshire GU34 2PP Nominated person K Worthington-MahmocKI 06.].J..i..J.Lo¥...... aDd Approved by order of th¢ knard of trus￿8 on ...... . signed on its behalf by.. Trustee Page I Inde￿ndent EIAmlner's Report to the Trnstees of MEDSTEAD PRE-SCHOOL & IIURSERY Independent exgminer's report to the trustees of MEDSTEAD PRE-SCHOOL & NURSERY I report to the charity tnLStees on my examination of the accounts of MEDSTEAD PRE-SCHOOL & NURSERY (the Trusl) for the year ended 31 Mawh 2025. RespoDsibllitie$ and basls of report As the charity trustees of the TNst you are rwonsible for the preparation of the ￿OUnts in accordance with the requirements of the Charities Act 2011 (lhe Ad). I report in respect of my examination of the Tn￿S accounts Carried out und¢r Section 145 of the Act and in carrying oul my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. IDdependeDt exjminer's statement Since your charity'5 gross income exceeded £250.0(K) your examiner m￿St be a member of a listed body. T can confirni that I am qualified to undertake the examination beCa￿e l arn a mernber of the Association of Chartered Certifi¢d Accountants. which is onc of the listed bodies. I have completed my exarninalion. I confirm that no matcrial rnatters have come to my attention in connection with the examination giving rne cause to believe that in any matsrial resp¢ct: accounting rewrds wer¢ not kept in respect of the Trust as r¢quircd by Section 130 of the ACL or the accounts do not accoTd witb those records. or the accounts do not comply with the applicable requirements concerning the forni aDd content of accounts set out in th¢ Charities (Accounts and RepoTts) Regulations 2008 other than any requiretnent that the accounts ￿ve a true and fair view which is not a matter Considered as part of an independent eXam￿atiOn. I have no concerns and have come acros8 no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a PToper understanding of the a￿O￿nts to be reached. Caroline Scull B20 Limiled Chartered Certified Accouniants Charwcll House Wilsom Road Alton Hampshire GU34 2PP Date: ... Page 2 MEDSTEAD PRE-SCHOOL & NURSERY Ststement of Fknanclal Aetivltlei for the Year Ended 31 Marth 2025 31.3.25 Unrestricted fimd 31.3.24 Total funds INCOME AND ENDOWMENTS FROM Ch4rltAble activlties Pr¢-school and Nursery Notes Raising funds Other income 295.823 2W.109 702 539 2.171 559 Total 202 839 EXPENDITURE ON Raising fill￿S Charitable actlvlties 185 596 Pre-school & Nur5¢ry Total 199496 NET TNCOME 56.096 2.747 RECONCILIA TION OF FUNDS Total ￿ndS brought forward 145,246 142,499 TOTAL FUNDS CARRIED FORWARD 201.342 145 246 The notes fornj part of these financial ststernents Page 3 MEDSTEAD PRE-SCHOOL & liURSERY Balance Sheet 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total Notes FIXED ASSETS Tangible assets 124.168 115,143 CURRENT ASSETS Debtors Cash at baok and in hand 6.375 4,672 81.289 34,429 CREDITORS Amounts falling due within onc year (4.115) {4.326) NET CURREKf ASSETS TOTAL ASSETS LESS CURRENr LIABILITIES 201.342 145.246 NET ASSETS 201342 FUNDS Unrestricted funds 201342 TOTAL FUNDS 201342 ancial statements were approved by the Board of Tr1￿CeS and authoriscd for I￿lle on .osYLLJzaS......... and wcre signed on its behalf by: ste¢ The notes forni part of these financial ststemcnts Page 4 MEDSTEAD PRE-SCHOOL & NURSERY Notes to the Finantl*l Statements for the Yur Ended 31 Martb 2025 ACCOUNTING POLICIES Basis of prep%rlng the finaDcial statements The financial statements of the charity, which is a public benefit entity under FRS 102. have been prepared in acconlance with the Charities SORP (FRS 102) 'A￿ounting and Reporting by Charities: Statement of Recommendcd Practice applicablc to charities prwing their acwunts in accordance with the Financial Reporting Standard applicable in the UK and Rcpublic of I￿la￿l {FRS 102) (¢ffective l January 2019),. Financial Reporting Standard 102 The Financial Reporling Standard applicabl¢ in the UK and Rq)ubh'c of Ireland, and the Clwities Act 2011. The financial stalements hve been prepaTed under the historical cost convention. Income All income is recognised in the Statement of Financial A¢iiviiies once the charity has entitlement to the fund& it is probable that the income will be received and the amount can be measur&1 reliably. Expenditure Liabilities arc rccognised as ex￿nd1¢urc as soon as thcre is a legal or constrnctive obligation committing the harity to that expenditure. it Is probablc that a transfer of xonomic benefits will b¢ required in settlem¢nt and the amount of the obligation can be measured reliably. Expenditure is accounted for on an acm￿19 basis and has been classified under headings that aggregate 211 cost relatcd to the category. Where costs cannot be directly attributed to particular headitigs they have beeD allocated to activities on a basis coLsistent with the of resources. Tangible fixed 2$sets Depreciation i5 provided at the following annual rates in order to wrile off cach ￿et over its estimated usefvl life. Tmprovements to property Plant and machinery Fixtur¢s and fittings Computer equipm¢nt 25Q/• on reducing balance 250/0 on reducing balance 25 /D on reducing balance 330/0 on reducing balance Taiatlon The charity is exempt from tax on its clwitable activities. Fund A¢¢ountlng Unrestricted funds can be used in accordance with the charitable objectives at the dI￿retiOn of the trustees. Restricied funds can only be used for particular restricted purp)ses within the objects of the charity. ResiTlCtions arise when specified by the donor or when funds are rdised for particular restricted PUTposes. Further explanation of the nature and purpose of each fund is Includ￿ in the notcs to th¢ finan¢ial statements. Pension costj and other w•st-retiremeDt benefits The charity operatrs a defined contribution pension scheme. Contributions payable to th¢ charity's peDSiOll scheme are charged to the Statemenl of Financial Activities in the period to which they relate. Page 5 continue(L.. MEDSTLID PRE￿cHOoL & NURSERY Notes to the Flnancial Sta¢ements- Continued for tbe Year Ended 31 March 2025 RAISING FUNDS 31.3.25 31.3.24 702 Fundraising TRUSTEES. REMUNERATION AND BENEFrrs There were no Inistees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trnstets. eipenses There were no trustees. expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS The average monthly number of ¢mploytt5 during the y¢ar was ￿ follows". 31.3.25 12 31.3.24 12 Pre School & Nursery Staff No employe¢$ received emoluments in excess of £60,(K)O. COMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTIVITIES Unrestrictcd fund INCOME AND ENDOWMENTS FROM Ch%rilable activlties Pre.school & Nursery 200.109 2,171 559 Raising ￿ndS Other income 202 839 Toial EXPENDITURE ON Raising funds 596 Cbarlt¥ble aetiTrdtles Pre-school & Nursery TotAI 2.747 ET INCOME RECONCILIATION OF FUNDS Total funds brought forward 142,499 Page 6 continueiL.. MEDSTEAD PRE-SCHOOL & NURSERY Notes to the Flnan¢ial Ststements - ¢ODtlnued for Ibe Year Ended 31 Mxreb 2025 COMPARATTVES FOR THE STATEMENT OF FINANCIAL AcfiviTJES- Contlnued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 145 246 TANGIBLE FIXED ASSETS lrnprovements Short lea5chold Plant and machinery propety COST At l April 2024 AddÉtions 97.153 36.184 10.283 At 31 March 2025 DEPRECIA TION Ai l April 2024 Charge for year 31.816 10,095 47 At 31 March 2025 NET BOOK VALUE Ai 31 March 2025 141 At 31 March 2024 97.153 188 Fixtures rittings Computrr equipment Total$ COST At l April 2024 Additions 42.855 785 7.306 496 193.781 At 31 March 2025 211945 DEPRECIA TION At l April 2024 Charge for year 30.125 6.602 78.638 At 31 March 2025 NET BOOK VALUE At 31 March 2025 8(Kl 124 168 At 31 March 2024 704 115 143 Page 7 continue