## **Holbrook Pre-School Trustees Annual Report 2024 2025** 

Holbrook Preschool provides pre-school education for 2–5-year-olds for the village of Holbrook and surrounding area. This includes wrap around care from 7.30am to 5.30pm to allow for the number of parents who have now returned to office-based working. Preschool currently employs 13 permanent staff and also offers placements to students and apprentices. Fees are either paid by parents and/or funding from the Local Authority. Fundraising events may also be used to supplement income and fund activities. Preschool has continued to thrive and the number of children attending from in and around the local area has continued to increase during the 2024 - 2025 period and as a result preschool has maintained a healthy position financially. It is anticipated that we will continue to sustain this stability over the coming year. 

During the period of 2024-2025, pre-school showed an increase in income of £32,913 compared to the year-end of 2024.  This can be accounted for due to an increase in child numbers, and more children of working parents being funded through the Government childcare funding. Whilst this was a significant increase, further staff needed to be employed to meet the ratio requirements for the increased number of children attending. This is reflected in the significant increase in staffing costs from £167,930 for 20232024 to £197,437 for 2024- 2025. In addition, the increase in the minimum wage and National Insurance contributions have also impacted upon staffing costs. 

Other increases in expenditure were also seen during this time. During 2024-2025, costs for general maintenance of the building increased due to new flooring being required; learning resources were replaced due to wear and tear and the introduction of a new tilt, touch table to enhance IT provision for the children. 

Our savings account balance of £22, 563 includes sufficient reserves for the winding down of the charity if the situation should ever arise, and an amount of £5,000 to equip a new under-two’s room to be built through grant funding this year. The remaining overall balance, once the savings account of £22, 563 has been  deducted,  leaves  an amount  of  £12,366  which  has  been  assigned  towards  the  expenses  of developing pre-school’s outdoor play area in the summer of 2026. 

The Manager uses the Family App system to generate invoices and track payments; this enables her to manage payments effectively and ensures that a productive dialogue between her and the treasurer can be maintained. All of preschool’s  income and expenditure  continues  to be reconciled back to the Preschool bank account, ensuring that there is an audit trail for every transaction. 

The Year Ending 31.07.25 accounts and records have been externally verified by Eric O’Connor of Nicholson tax and accounts. 

**Moorside Lane, Holbrook, Belper, Derbyshire DE56 0TW** 

**Tel: 07800 891 324** 


**E-mail: info@holbrookpreschool.org.uk** 



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CHARITY (OMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trustees
Holbrook Pre-school Playgroup
On accounts for the year
ènded
3181 July 2025
Charity no
(if anyl
1015903
Set out on pages
I report to the Iruslees on my examination of the accounts of the above
charity {"the Trust") for the year ended 31107 12025.
Responsibilities and
basls of report
As the charity's trustees, you are responsible for Ihe preparation of the
accounts in accordance with the requirements of the Charities Act 2011
{"Ihe Act'l.
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination. I
have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the Act.
Independent
examiner's statement I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination lolher than that
disclosed below ') which gives me Cause to believe that in, any material
respect..
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not accord with the accounting re¢ords,' or
the accounts did not comply with the applicable requirements
concerning the form and conlenl of accounts sel out in the Charities
{Accounts and R&portsl Regulations 2008 other than any requirement
that the accounts give a 'lrue and fair, view which is not a matter
considered as part of an independent examinalion.
I have no concerns and have come across no other mallers in connection
with the examination lo which attention should be drawn in this report in
' order to enable a proper understanding of the accounts lo be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
2210512026
Name:
Eric O'connor
Relevant professional
quaiification(sl or body
{if any):
M.A.A.T
Address:
Nicholson Tax & Accounts
IER
Oct 2018

8 Chapel Street, Belper
Derbyshire DE56 1AR
Section B
Disclosure
Only complete if the examiner needs lo highlight material matters of concern
(see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Give here brlef detalls of
any items that the
examinerwishes to
disclose.
IER
Oct 2018