y CHARITY COMMISSION FOR ENGLAND AND WALES
. Independent examiner's report on the accounts
SectionA
Independent Examiner’s Report
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Report to the trustees/ ;
members of | St Augustine of Canterbury Nursery Playgroup
On accounts for the year Charity no
ended | 31% July 2025 (if any) | 1017420
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31% July 2024.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).
| 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, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
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e accounting records were not kept in accordance with section 130 of the Act or
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e the accounts do not accord with the accounting records
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Name: Susie MCKAY
Relevant professional
qualification(s) or body
(if any):
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IER
1
October 2018
Address:
+> MEADOLACEI
Austow 686 690
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose.
IER
2
October 2018
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St Augustine of Canterbury Preschool Charity No 1017420 Receipts & Payments Accounts For Year 01/08//2024 - 31/07/2025
| RECEIPTS Funds Funds 2024/25 Funds Funds 2023/24 |
|
|---|---|
| Ga OG [Fees4366) tases 7[ 2sote[ 2599] [Grants 20288 2624[ezota[ |
79325[ 4209] 83624] [Fundraising99 ass9fe oT 303e 3089 Mi ge ari s9[ 598 [Sweatshirtsof ota |
| oral08947) 22a ats7a |
7 |
| [CASHFUNDSRAISED2023-2024 [Tz F542] | |
| [STATEMENT OFASSETS &LIABILITIES asat31/07/2025 | TTC S |
| [Lloyds ReserveAccounts TTT eto tog T0850] 10850) |
|
| CO [Signed by 2Trusteeson BehalfofallTrustees[ |
TCT [Signature Name [Date |
| WiveseKTAA MikeNorris i3{s}202% |
|
| KL Janine (+ : MeCann |
(S © |
| a GOGG CO |
~ { . | Or'\7 oeaN |\
Notes — 2024/25 St Augustine of Canterbury Preschool Pre-School Accounts
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e Unrestricted funds are funds received by the Preschool to further its objectives. These will come from the following sources: fees earned, LEA (Local Education Authority) grants, general donations or simple fund-raising activities
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e Restricted funds on the other hand are funds which have to be used for the purpose for which they were given. For 2024/25 school year, restricted funds received amounted to £2,624 which was broken down as £1,350 for EYPP (Early Years Pupil Premium) & £1,274 for Inclusion Funding to help with Special Educational Needs for specific children at the Preschool. The Preschool spent a total of £2,656 of restricted funds during the year, leaving a sum of £357 still in our accounts which remain set aside for restricted purposes
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e For the 12 months to end ofJuly 2025,[total] income[(inc][Restricted] Funds) amounted[to] £111,571 & expenditure £106,893, leaving an overall surplus of £4,678, following on from last year’s surplus of £20,408
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e Income was down a disappointing 2.8% on the previous year (£3,195) & reflective of the fact our occupation levels were not as good as for the same period last year. While Grant Income was actually up £9,300 our Fees Income was down £11,500 & these significant changes are down to the new 2 year old funding introduced by the Government last September, where more sessions are being booked using grant funding but less sessions booked by parents paying fees
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e With income levels down, unfortunately Expenditure has moved in the opposite direction with a rise of £12,535 or 13.3%. The majority of this is down to the increase in Staffing costs which rose by £11,500 as a result of an extra member of staff being employed & increases in the MLW
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e Staff bonuses for the year have yet to be agreed and distributed and will therefore be paid out of monies from 2025/26 school year
Fees/Grants
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e The Preschool can potentially receive several different types of grant from the LEA— Inclusion Funding & EYPP Funding (as previously mentioned), but also deprived 3-4 years old funding & deprived 2 years old funding. There is not expected to be any changes made to these by South Gloucestershire Council for the year ahead
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e The Preschool also charges parents of children attending for any sessions attended above and beyond that not covered by the grant system. There are 2 different fees — 2 years old fees & 3-4 years old fees. These fees have been increased from the previous year, and the Preschool will increase again in Sept 2025. At the end of the financial year ending July 2025, there were no unpaid fees.
Fundraising
For 2024/25 school year, a total of £2,399 was raised & although lower than 2023/24 are still welcome funds to our income stream. It is intended that most of these funds will go towards the purchase of activities/maintenance for the Preschool, enabling the children to advance their individual education. The majority of this income source comes from our Xmas & Summer Events & we are also now receiving a quarterly payment from Easyfundraising, where retailers will donate certain percentages of online purchases spent with them
Interest/Transfers
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e The gradual deterioration in market interest rates over the past 12 months has resulted in a small decrease in interest income for the year to £812. Expected future falls in the interest rate are likely to see this income stream continue to fall in the next 12 months
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e 3 transfers totalling £37,500 were made from the current account to our savings accounts during the year, where we noticed large balances being maintained on the current account earning no interest. 7 transfers totalling £32,000 were then transferred back to the current account to help meet our cashflow requirements
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e In addition, a further transfer totalling £79 was transferred from Reserves Account to the Current Account to cover SSP payments for members of staff off work due to illness
Ownership of Preschool Building
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e The possibility of owning our own building in the future has moved forward during the past 12 months & we are now simply awaiting the legal paperwork from solicitors to move this proposal forward
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e This has necessitated transferring the entity of the Preschool from an Unincorporated Charity into a Charitable Incorporated Organisation (CIO) because of the extra protections afforded to its Trustees when owning Property. We are merely awaiting an Ofsted visit to confirm we can begin to trade under the new entity which we hope will be early in the new Preschool year
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e Initial Session Lists for the new Preschool year show numbers area little down on last year, but with fewer staff also, do not think initially this will have a detrimental impact on our survival prospects