2025-08-31-accounts - Weaverthorpe Pre-School Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Weaverthorpe Pre-School Centre (Registered charity, number 1019457) Financial statements for the year ended 31 August 2025

Page	Contents
2 - 6	Trustees’ annual report
7	Independent examiner’s report
8	Receipts & payments account
9	Statement of assets & liabilities
10 - 11	Notes to the accounts

Weaverthorpe Pre-School Centre Trustees’ annual report for the year ended 31 August 2025

Full name Weaverthorpe Pre-School Centre

Registered charity number 1019457

Principal address Derwent Crescent, Arnold, Nottingham, NG5 6TA

Trustees

Gemma Yates, Chair Nampreet Kandola, until 10/03/26 Paula Cottee, Treasurer, from 23/05/25 Polly Booth, until 18/11/25 Laura Emery, Secretary, from 29/04/25 Samantha Booth, until 16/06/25 Hannah Hayes, from 09/09/25 Sarah Wren, until 10/06/25 Helen Fell Divya Thomas, until 12/11/24

Independent examiner

Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is operated under the rules of its constitution adopted on 29th October 2014. This scheme had one amendment by Weaverthorpe Pre-School on 17 November 2020. The administrative change was to reduce the minimum number of committee members from 5 to 3 to ease problems with new parent recruitment.

New trustees are appointed at the Annual General Meeting. Up to three members can be co-opted by the committee in between AGMs, or more by agreement with the Early Years Alliance.

Objectives and activities

To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:

(a) Offering appropriate play, education and care facilities, family learning and extended hours’ groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
(b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
(c) Instigating and adhering to and furthering the aims and objects of the Early Years Alliance.

Weaverthorpe Pre-School Centre

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

It is the setting’s intention to make Weaverthorpe genuinely accessible to children and families from all sections of the local/wider community, by offering affordable and flexible sessions.

Weaverthorpe Pre-School welcomes children and families from all backgrounds through our inclusive policies and practices. We make our equal opportunities policy widely known.

Summary of the main activities undertaken for the public benefit

Weaverthorpe Pre-School provides term-time sessional day care for children aged 2 - 5 from 9am - 3.30pm Monday to Friday. We offer a breakfast club from 8.30am - 9am and an after school club from 3.30pm - 4.15pm. It is a well-respected Pre-School that provides high quality childcare for the local community and constantly strives to excel in all areas of the Early Years Foundation Stage. The setting achieved a 'Good' Ofsted rating in May 2022.

Weaverthorpe Pre-School is committed to making the setting inclusive and accessible to all children and to ensuring that children are able to reach their full potential. All children have the right to the Early Years Foundation Stage and all staff have a duty to meet the needs of all the children attending the setting. With this ethos in mind, PreSchool continues to support those children with special educational needs by providing additional support and resources as required.

We offer government-funded hours to eligible 2, 3 and 4-year-olds. For parents paying for sessions, we offer flexible payment arrangements. Our fee rates are set to cover our running expenses and are reviewed annually by the committee.

Weaverthorpe adheres to Nottinghamshire County Council’s guidelines and Ofsted’s development matters in the Early Years Foundation Stage (EYFS) and the statutory framework for the Early Years Foundation Stage.

Summary of the main achievements during the period

The Pre-School continues to be well supported by parents and the local community.

We have good links with the local Infant and Junior Schools where the children visit for PE, outdoor learning, assemblies and other events. These visits help children with transition to those schools when they leave Pre-School.
We held parent evenings. We have an open door policy and parents are encouraged to come in and speak with their child’s key person to discuss their learning and development.
Throughout the year we have baking sessions with the children and parents are invited to come and join in.

Weaverthorpe Pre-School Centre

Christmas festivities began with a craft week for the children, and parents were invited into Pre-School. Once again, we were able to go out into the community to the local church to perform our nativity for parents, family and friends.
We continued with our story book lending library, and we regularly borrow books from our local library.
Sign of the week, story book of the week and small group sessions with our Language Lead continued to promote speech and language at Weaverthorpe.
Children enjoyed taking our Chatter box home and brought it back with items to show their friends.
During spring the children enjoyed looking after caterpillars and were fascinated as they turned into butterflies and were released into our garden. We also looked after duck eggs and after they hatched the children were excited to hold them and watch them paddle around in water for the first time. The children learnt how to look after them and helped feeding them.
A local African author of children's stories visited. It was a fun morning that included storytelling, African dancing, dressing up and African artwork.
We also have visits from the Children and Youth Minister from our local church for story telling with the children.
We held our summer fair, and it was a great success.

All staff attended or undertook a wide variety of training including:

Designated safeguarding lead network
Prevent duty
Safeguarding updates for all staff
Food hygiene
Provider network and manager briefings
Transition meetings
Language lead networks
SENCO networks
Emotion and wellbeing training
Oral health training
Continued professional development for all staff ongoing throughout the school year.

We continued to be supported by a number of outside agencies including the Early Years Alliance, Early Years Specialist Teachers from Nottinghamshire County Council, SALT (for speech and language), the Healthy Families Team and local Family Hubs.

This is our 19[th] year of operating from our current premises.

Weaverthorpe Pre-School Centre

Financial review

This year the Pre-School had a good year and ended with a surplus of around £60,000.

An additional expense this year was replacing the wooden steps and ramp we use to access our outside play area.

The final funds raised from the Coop local commuity fund campaign that ran from November 2023 to November 2024 were paid in.

We had high numbers on roll throughout the year allowing us to cover staffing costs and operating expenses.

We are pleased to report that the Pre-School continues to hold sufficient funds at the end of the reporting period. The levels in all the reserves accounts have been maintained.

The redundancy reserves fund has been reviewed this year and is still considered adequate.

The committee have been working with Notts County Council and Early Years to negotiate the continuation of a peppercorn rent (£1). The lease has passed its renewal date. We are now in the final stages of completing.

The charity’s policy on reserves

Weaverthorpe Pre-School has a redundancy provision and it has reserves that would cover the running of the Pre-School for 3 months if necessary.

The committee adopted its reserves policy in November 2016 and it is reviewed annually or whenever there are significant changes in staff hours or numbers.

The Reserves Policy states the requirement for reserves for the following purposes:

a) to ensure the continuation of provision to the children attending the PreSchool, including 3 months working costs;
b) to cover redundancy payments to staff;
c) to ensure sufficient funds are available for the maintenance/replacement of the building;
d) to cover unforeseen additional expenses.

Reserves are to be built up from the unrestricted (earned) income. The level of reserves is to be calculated and monitored every 12 months.

At the end of the period the balance of accounts met the requirements of the Reserves Policy.

Weaverthorpe Pre-School Centre

Financial risks

We started the academic 2024/2025 with high numbers on roll.

The level of government funding for the childcare sector continues to be a big concern. The current rates are considered widely insufficient across the industry. Organisations such as the Early Years Alliance continue to campaign for better funding for early years providers.

Staff costs continue to rise in line with National Minimum Wage increases. Each annual hike is having a significant negative impact on our finances.

We increased our hourly fee rate during the year to reflect an higher increase in staffing costs and inflation.

There are other future considerations that will increase outgoings. Our utility charges continue to be very high. The National Minimum wage is still set to increase considerably each year.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Gemma Yates, Trustee

Independent examiner’s report to the trustees of Weaverthorpe Pre-School Centre for the year ended 31 August 2025

I report to the trustees on my examination of the accounts of Weaverthorpe Pre-School Centre (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 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 examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed ____ Date _______ Eva Stevens BSc, CPFA Employee of Community Accounting Plus

Weaverthorpe Pre-School Centre Receipts & payments account for the year ended 31 August 2025

2024 £ Note Receipts 129893 Grants & donations 2 4059 Fundraising 19281 Fees 1859 Bank interest 574 Activity contributions 155666 Total receipts Payments 603 Activities, garden & trips 357 Bank charges 787 Children's books & equipment 1199 Consumables - DBS checks 8562 Equipment, repairs & renewals 756 Fundraising expenditure 738 Independent examination fee 1310 Insurance - Marketing 1091 Payroll service 4674 Premises maintenance & cleaning 260 Professional fees 305 Publications & subscriptions 763 Rent & rates 383 Staff expenses & uniform 12 Staff training & travel 8 Sundry payments 1411 Telephone, stationery & postage 2677 Utilities 127502 Wages, NI & pension 153398 Total payments 2268 Net receipts/(payments) 107760 Cash funds at start of this period 110028 Cash funds at end of this period	*2025* £ 212674 3903 20999 2769 147
	240492 716 325 1821 1410 63 876 796 768 1551 72 843 9529 281 270 749 1190 228 199 1476 1870 154087
	179120 61372 110028
	171400

Weaverthorpe Pre-School Centre Statement of assets and liabilities at 31 August 2025

2024			*2025*
£	Cash assets	Note	£
110019	Bank accounts		171321
9	Cash in hand		79
110028			171400
	Other monetary assets
1142	Prepayments	3	1637
1142			1637
	Assets retained for the charity’s own use
	Decking deposit paid July 2024, cost £1,800.
	Electric water heater purchased January 2024, cost £726.
	Air conditioner purchased November 2023, cost £6,666.
	Air conditioner purchased July 2022, cost £515.
	Laptops x 2 purchased April 2021, cost £1,100.
	General equipment.
	Liabilities
(5394)	Creditors	4	(822)
(421)	Credit card		(444)
(5815)			(1266)

These financial statements are accepted on behalf of the charity by:

Signed _____ Date _____ Paula Cottee, Trustee

Weaverthorpe Pre-School Centre Notes to the accounts for the year ended 31 August 2025

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Grants & donations

Nottinghamshire County Council Co-op Local Fund Sundry donations	£ 211109 1286 279
	212674

3. Prepayments

Insurance Publications & subscriptions Professional fees Payroll service	£ 904 120 212 401
	1637

4. Creditors

Independent examination fee	£ 822
	822

5. Premises & staff

A lease is currently being arranged with Nottinghamshire County Council following the cessation of our previous lease in July 2024. Until the new lease is agreed, Nottinghamshire County Council have agreed to make the premises available to us for peppercorn rent.

6. Trustees’ remuneration

During this period, trustee, Helen Fell, received total benefits of £33,095 (2024; £31,235) for her role as Manager of the charity.

7. Related party transactions

There were no related party transactions during the period.

Weaverthorpe Pre-School Centre

8. Glossary of terms

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.