CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 21%t August 2024 To 20•t August 2025 Charity name: Trull Saplings Preschool Charlty regislration numbor: 1018745 Objectives and Activities SoRProfer￿c@ Para 1.17 Summary of the purposes of the Charity as sel oul in its overnin document Summary of the main activities in relation lo those purposes for the public benefrt. in particular, the 8ctivilies, projects or services identified in th9 accounts. The objective of the Charity is lo advance the education of children below cornpulsory school a Providing a safe and $alisfying group play, in which parents have a rijhl lo tske part. EncouragiNJ other charitable activitie5 through which parents may help the children. Furthering th8 aiflls of the Prepsth¢)ol Leaming Alliance The Charity 8ims lo provide a safe, secure and stimulating enmronmenl, offering range of fun and educating actwrties within aha atmos The Truste¢s confim that they have complied with section 17151 of the Charities Act 2011 to have due regard to the benefit guid8nce published by the Charity Commission Para 1.17 a 1.19 statement wnfirming whether the trustees hBve had regard to the guidance issued by the Charity Commission on publi benefft P4ra 1.18 Addltlonal Informatlon loptlonall You ma choose to indude further statements where relevant about: SORP refe￿nC PArA 1.38 Policy on grant making Ptta 1.36 Policy on social investment induding program related investment Para 1.38 Contribution made by volunteers Other Achiev8ments and Performance SORP rn18lBn28 During Ihe year the preschool advanced its objectives in the following ways.. We have continued lo maintain and fostered even stronger links bptween parents, f8milies and setting through fundraising and community events that have been facilitaled through pl￿￿h0O1. We have received strong positive fè8dback from parents and carers about the experience chil¢Jren receive on seliings Invested in staff training. . We have continued lo maintain strong links wlh Trull Primary school, and Trull All Saints Church. Summary of the main ochievements of the Charity. identifying the drfferencè the Charity's work has mad8 to the circumstances of its beneficiaries and any wider benefits lo S￿IetY as a whole. Para 1.20 Additlonal infomiation (optional) You ma choose to indude further slalement5 WI￿re relevant abouL' Achievgmerbts against objectivgs set Para 1.41 Performance Df fundraising aclivilios against objectNgS sel Pwa 1.41 Investment perfomance against objectives Pgr4 1.41 Other Financial Review Review of the Charity's financial position al the end of the period Par8 1.21 The year ending 20 August 2025 wag 8 considerably good for the preschool as we saw a steady increase in the number of childrèn. This year, funding lolalling £98,557 {2024- £87.5271 was re￿iVed from Somersel County Council in respect of the preschool services provided lo the community. Fundraising this year was did increase due to the events we had with the preschool communty. Therefore. Fees from parents, other fun¢Jraising activities. pelly cash received, and a small amount of interest contributed additional income of £25,707 Toial income to for the year wa5 £124.264 12024- £114,097} The largest expense in the year continues to be the wages of the prèschool staff. with the new N8tional Minirnum wage we had to make an increase in staff wages. We did ave a lower number of staff. The l(rtal cost lo the Charity was £100,492 12024- £95.7051 which represents over 85Vo of the Charitls totsl expenditure in the year. As a result of the above the pr8-sthool has returned a surplus of £7.02712024- £7801 in the year which has increased the reserves held by the Charity 10 £46.127 {2024- £39,1001- Trull Saplings Pre5rhool holds reserves in order to cover the cost of 6 months, rent and rates plus enough lo cover the redundancy costs of the current stsff. should the preschwl need lo stop trading for any reason. Money is also held to pay ft)r any larg8 unforeseen repairslreplacement of equipment. Statement explaining th8 policy for holdin9 reserves slating why they are held pa￿ 1.22 Amounl of reseTve5 held Reasons for holding zero reservgs Details of fund matsrrally in deficit Explanation of any uncèrtainties about th8 Chaff ty continuin9 as a going concern PAr4 1.22 Pgr• 1.22 £46,127 Paro 1.24 Para 1.23 Rogulatory Changes: Government guidance around eady years funding and charging practices shifted during 2025. alongside further changes to OFSTED inspection procedures. Mgetirsg new expeclations-particulafly around slaff-lo-child ratios and the lev&1 of required stsff trainin ma lead lo ad. uslmenls in our operational praeticès and futur8 budgètsng. Rislng Operational Costs: Increases to the national minimum wage and pension contributions have pul additional pressure on staffing costs. Recruiting and retaining qualified praclilioners is becoming increasingty challenging. At the same lime, the cost of maintaining our facilities and purchasing educational resources continues to rise each year. Maintaining Flnancial Stabillty: Balancing high-quality care with affordability lor families remains an ongoing challenge. To remain financially sustainable, we rely on maintaining al least 30 children on roll throughout the year. Any reduction in numbers h8s a direct impact on our ability to cover essential running costs. Prolected Drop in Numbers: We also anticipate a significant number of children transrtioning lo school in September ol the next financial year. This expecled reduction in enrolmenl is likely to affocl our income and will require Careful lannin lo mana e the financial im acl. Additlonal Infomiatlon {optlonall You ma choose to indude further statements where relevant aboutr. The Charity's principal sources of funds (including any fundraislngl ParA 1.47 Investment policy and objectives Including any social investment PC)Ilcy adopted Pofd 1.46 A description of the principal rbsks facing the Charity Part 1.46 Other Structure, Governance and Managemant Description of Charity's trusts.. Type of governing document Para 1.15 Trull Saplings Presch(Kl is governed by ils constitution dated 5 October 1981 and as amended on 13 October 2011 and 27 June 2018. Unincorpordted charitable association. How is Ihe Charity conslituled? le.(J Liniiii'.orpo;'dled Par8 1.25 Truste9 seledKJn mglhods including details of any conslitulional provisions e.g. election lo post or name of any person or body entitled lo appoint one or more trustees P8rA 1.25 The Board of Trustees musl consist of Chairperson, Treasurer and Secretary together with not less than 2 and not more than 9 olher elected members. with up to a further 3 C￿opted members. CTropled rnember5 can be brought in al any point during the academic year to ensure conlinuily of govemanee. Not less than 60% of the Trustees shall be Family Members li.e. individuals who are a parent or guardian of a child allending any group run by thè Preschool. m&m￿rS ol the Preschool can put themselves fon¥ard for election to the Committee al the Annual General Meeting. Committee members are elected for a peri¢)J of one year and mu51 retire 31 the next. Annual General Meeting bul can stand for re-election unless they have alr6ady served on the Commiltee in any capaThty for ten consecutivg years. Additional inlomiation {optionall You m8 choose to indude further statements where relevant about.. Poliaes and procedures adopted for the induction and training of trustees Pern 1,51 The Charity's organisalional structure and any wider network with which the Charity works Para 1.s1 Relationship with any ￿lated parties P4ra 1.51 Other Reference and Adminlstratlve details Chari name Oth8r nam8 th8 Charit US88 Re islered Charit number Charity's principal address Trull Sa lin s Pr8school 1018745 Trull Church Community Centre Church Road Trull Taunton TA3 7JZ Namos of th• ChArlty trustèès who m8nage the Charity Name of person lor bodyl entitled lo appolnl trust Ifan Tru6t•• nam• Dat•¥ u¢t•d if not forwhol• year Rhys Davies Chair Appointed 11th Oct 20221re-elected 21 October 2023 Dave Saunders TrusteelNew s8uglary Appointed 11 October 20221Appoinled 11 October 2023- to dale Jenny Shgpherd Trgasurer Appointed 01 November 2023 Rebeccalsom Newly appointed Secretary1 Trustee Appoinlgd Trustee 11 October 2022. Took Secretary role January 2023- Rasignad Sacratsry role 11th October 2023. Still served as Trustee ResignedlLeft 12 October 2024 Appointed 11 October 20221ResignedlLeft 12th October 2024 Zoe Morgan Trustee Dominic Palerson Trustee Appointed 11 October 2022 LeftlResigned 12 October 2024 Appointed 11 October 2022 ResignedlLeft 1 S October 2025 Appointed 01 Novefflber 2023 Re5ignedlLeft 15 October 2025 Appointed 13 October 2024 Appointed 13 October 2024 AppoinlÈd 15 October 2025 Appoinl8d 15 October 2025 Lucy Yeomans Trustee James Hannam Trustee Molly Preston Esther McKann Trustee 10 Trustee Joanne Canninford Rebecca Dianne MeAuslan-Crine Truste8 12 Trustee 13 Deborah Hepple K8ty Se11￿k Lucas Woodward Trustee Appointed 15 October 2025 Appointed 15 OclDber 2025 Appointed 15 October 2025 Appointed 07 April 2026 14 Trusleg 15 Trustee 16 Claire Lawrence Trustee orate trustees- names of the directors at the date the ie ortwasa roved DireGtoi narn• Name of trustees holding tiue to prop&ty belonglng lo the Charity Trustee name DatAS actqd W not fDrwhol• Funds held as custodian trustees on behalf of others Descripb'on of the asseis held in this capacity Name and objects of th8 Charity on whose behalf the assets are held and how this falls within the custodian Charity's objects Details of arranggments for safe custody and segregation of such assets from the Charity's own assets Addltlonal Infomiatlon (optional) Names and addro55•5 of advisors (Optional inforniatlon Type of Narne Addr83¥ advlser Namo of chief qxecutlve or nam8s of sonior staff mombers Ioptlonal Infommtlonl Exemptlons from disclosure Reason for non-disdogure of ke rsonnel ¢Jetsils Other o tional inforniatlon Declarations The trustees declare that th¢y havg approvgd tho tru$tsos' report above. sign￿ on behalf of th• Charlty'8 trustees Signaturo(s Full narn•{$l Po$itlon (eg Secretary* Chair. etcl 05 /0&/è6 Trull Sapllngs Preschool Accounts forthe year ended 20 August 2025 2024tt5 2023124 Unrestrlcled lknrestrlcted RECEIPTS Fees Funding Fundralslng HMRC Repayrnent Other .067 98,557 24,215 87,527 10,839 DeposllAccouni Interest TOTALRECEIPTS 103 103 124,264 114097 PAYMENTS Salaries Payroilcosis h(Imin Staff Training Rent & utilities Insurance Equlpmem and consumables Present & Partles Subscriptions Mlik Other TOTALPAYMENTS 100,ty2 730 95,705 735 1,301 2LX) 10,711 614 10,727 1.807 230 1,228 1,052 117331 113.317 SURPLUS 7,027 Brought lorward Add surplus fDr the year 2025 39,IDO 38,320 7.027 46.127 780 39.100 Trull Saplings Preschool Statement ol Assets and Llabllltles Accounts for the year ended 20 August 2025 202￿25 20rJ Bankand cash 39,100 Unrestrlcted Funds 35,100 Approved byihe Board ofTrustees on Oqlo&116 and signed on iheir behalf INDEPENDENT EXAMINER'S REPORTTO THE TR PRESCHOOL TE I report to the trustees on my examination of tho accounts of Trull Saplings Preschool (the Charilyl for the year ended 201h August 2025. Respon8ibilltlos and ba$ls ol report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Ch8rilies Act 20111'lhe Acl'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my 8xaminalion I have followed all the appliCa￿e Directions given by th8 Charity Commission under section 14515llbl of the 2011 Act. Ind•p•nd•nt examiner's $tstement I have completed my examinab'on. I confimi that no malerial matters have corlle to my attention in connection wlth the examination giving me cause lo believe that in any material ￿SpeCt. accounting records were not kept in respect of the Tru51 as required by section 130 of the Act,. or the aEcounts do not accord with those records. 121 I have no concems and have come across no other matters in connectK)n with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be ￿a¢he￿. Date.. Sarah Twist FCA DChA A C Mole LLP Charlered Accountants Stafford House Bjackbrook Park Avenue Taunton Somerset TA1 2PX