**REGISTERED CHARITY NUMBER: 1022916** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 August 2024 

for 

## Wistow Smart Start Preschool 

CFA Tax Limited Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD 



Wistow Smart Start Preschool 

Contents of the Financial Statements for the Year Ended 31 August 2024 

|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|10|
|Detailed Statement of Financial Activities|11|to|12|





Wistow Smart Start Preschool 

Report of the Trustees for the Year Ended 31 August 2024 

The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees 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) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

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

. To provide quality care and education for pre-school children and support their families, 

. To create a developmentally appropriate curriculum to meet the needs of each individual child in order to meet the early learning goals of the Early Years Foundation Stage framework, 

. To offer a relaxed and friendly atmosphere where children can play and make friends, 

. Offer children and their parents a service which promotes equality and values diversity; and 

. Add to the life and well-being of its local community. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

The committee and staff continue to work positively together for continuous improvement in the day to day delivery of provision, supported by effective policies and procedures, parent partnerships and fundraising efforts. The committee, staff and families have worked together to renovate a designated garden area, creating a purpose-made space for preschool children to enjoy and learn in. 

## **FINANCIAL REVIEW** 

## **Financial position** 

The preschool receives funds both through fee income and through donations and fundraising. 

The preschool aims to offer an inclusive provision. Fundraising and donations have again contributed towards core costs allowing the provision to be affordable and accessible to as many local families as possible. 

## **Reserves policy** 

Reserves are maintained at such a level as to ensure the day to day activities of the charity can be continued without financial pressure. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1022916 

## **Principal address** 

The New Jubilee Village Hall Jubilee Road Wistow Selby North Yorkshire YO83YP 

Page 1 



Wistow Smart Start Preschool 

## Report of the Trustees for the Year Ended 31 August 2024 

## **Trustees** 

M Perfect Trustee (resigned 31.12.23) S Hames Trustee (resigned 31.8.24) H Hames Trustee (resigned 31.8.24) J Evans Trustee (resigned 31.8.24) E Johnson Trustee (resigned 31.8.24) C Mason Treasurer (resigned 31.8.24) A Mason Chair (resigned 31.8.24) L Myers Trustee (resigned 17.10.23) H Smith (appointed 7.5.25) J Harradine (appointed 7.5.25) P Blackley (appointed 10.2.25) L Hillam (appointed 17.9.24) E Wright (appointed 29.4.25) 

## **Independent Examiner** 

Cassandra Fennell MAAT CFA Tax Limited Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD 

Approved by order of the board of trustees on 21 May 2025 and signed on its behalf by: 

L Hillam - Trustee 

Page 2 



Independent Examiner's Report to the Trustees of Wistow Smart Start Preschool 

## **Independent examiner's report to the trustees of Wistow Smart Start Preschool** 

I report to the charity trustees on my examination of the accounts of Wistow Smart Start Preschool (the Trust) for the year ended 31 August 2024. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

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. 

Cassandra Fennell MAAT The Association of Accounting Technicians 

CFA Tax Limited Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD 

17 June 2025 

Page 3 



Wistow Smart Start Preschool 

## Statement of Financial Activities for the Year Ended 31 August 2024 

|Unrestricted<br>Restricted<br>funds<br>fund<br>Notes<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>200<br>800<br>**Charitable activities**<br>General fund<br>82,807<br>-<br>Other trading activities<br>2<br>2,135<br>-<br>Investment income<br>3<br>8<br>-<br>**Total**<br>85,150<br>800<br>**EXPENDITURE ON**<br>**Charitable activities**<br>General fund<br>72,883<br>440<br>**NET INCOME**<br>12,267<br>360<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>3,988<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>16,255<br>360|31.8.24<br>31.8.23<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>1,000<br>-<br>82,807<br>49,633<br>2,135<br>10,790<br>8<br>-<br>85,950<br>60,423<br>73,323<br>58,482<br>12,627<br>1,941<br>3,988<br>2,047<br>16,615<br>3,988|31.8.24<br>31.8.23<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>1,000<br>-<br>82,807<br>49,633<br>2,135<br>10,790<br>8<br>-<br>85,950<br>60,423<br>73,323<br>58,482<br>12,627<br>1,941<br>3,988<br>2,047<br>16,615<br>3,988|
|---|---|---|
|||60,423|
|||58,482|
|||1,941<br>2,047|
|||3,988|



The notes form part of these financial statements 

Page 4 



Wistow Smart Start Preschool 

## Balance Sheet 

## 31 August 2024 

|||||31.8.24|31.8.23|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|fund|funds|funds|
||Notes|£|£|£|£|
|**CURRENT ASSETS**||||||
|Cash at bank||16,255|360|16,615|3,988|
|**NET CURRENT ASSETS**||16,255|360|16,615|3,988|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||16,255|360|16,615|3,988|
|**NET ASSETS**||16,255|360|16,615|3,988|
|**FUNDS**|7|||||
|Unrestricted funds||||16,255|3,988|
|Restricted funds||||360|-|
|**TOTAL FUNDS**||||16,615|3,988|



The financial statements were approved by the Board of Trustees and authorised for issue on 21 May 2025 and were signed on its behalf by: 

L Hillam - Trustee 

E Wright - Trustee 

The notes form part of these financial statements 

Page 5 



Wistow Smart Start Preschool 

Notes to the Financial Statements for the Year Ended 31 August 2024 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

Page 6 

continued... 



Wistow Smart Start Preschool 

Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **2. OTHER TRADING ACTIVITIES** 

## **3.** 

|Fundraising<br>**INVESTMENT INCOME**<br>Interest received|31.8.24<br>£<br>2,135<br>31.8.24<br>£<br>8|31.8.23<br>£<br>10,790|
|---|---|---|
|||31.8.23<br>£<br>-|



## **4. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. 

## **5. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|Early Years Practitioner<br>Deputy Manager<br>Preschool Manager|31.8.24<br>2<br>2<br>1<br>5|31.8.23<br>-<br>-<br>-<br>-|
|---|---|---|



No employees received emoluments in excess of £60,000. 

## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|Unrestricted<br>Restricted<br>funds<br>fund<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>**Charitable activities**<br>General fund<br>49,633<br>-<br>Other trading activities<br>10,790<br>-<br>**Total**<br>60,423<br>-<br>**EXPENDITURE ON**<br>**Charitable activities**<br>General fund<br>58,482<br>-<br>**NET INCOME**<br>1,941<br>-|Total<br>funds<br>£<br>49,633<br>10,790|
|---|---|
||60,423|
||58,482|
||1,941|



Page 7 

continued... 



Wistow Smart Start Preschool 

Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

|**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**continued**|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|
|||funds|fund||funds|
|||£|£||£|
||**RECONCILIATION OF FUNDS**|||||
||Total funds brought forward|2,047||-|2,047|
||**TOTAL FUNDS CARRIED FORWARD**|3,988||-|3,988|
|**7.**|**MOVEMENT IN FUNDS**|||||
||||Net|||
||||movement||At|
|||At 1.9.23|in funds||31.8.24|
|||£|£||£|
||**Unrestricted funds**|||||
||General fund|3,988|12,267||16,255|
||**Restricted funds**|||||
||North Yorkshire Council|-|360||360|
||**TOTAL FUNDS**|3,988|12,627||16,615|
||Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources||Movement|
|||resources|expended||in funds|
|||£|£||£|
||**Unrestricted funds**|||||
||General fund|24,724|(12,457)||12,267|
||NYCC funding|60,226|(60,226)||-|
||Crombie Wilkinson|200|(200)||-|
|||85,150|(72,883)||12,267|
||**Restricted funds**|||||
||North Yorkshire Council|800|(440)||360|
||**TOTAL FUNDS**|85,950|(73,323)||12,627|



Page 8 

continued... 



Wistow Smart Start Preschool 

Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **7. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.22|in funds|31.8.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|2,047|1,941|3,988|
|**TOTAL FUNDS**|2,047|1,941|3,988|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|30,195|(28,254)|1,941|
|NYCC funding|30,228|(30,228)|-|
||60,423|(58,482)|1,941|
|**TOTAL FUNDS**|60,423|(58,482)|1,941|
|A current year 12 months and prior year 12 months combined position is as||follows:||
|||Net||
|||movement|At|
||At 1.9.22|in funds|31.8.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|2,047|14,208|16,255|
|**Restricted funds**||||
|North Yorkshire Council|-|360|360|
|**TOTAL FUNDS**|2,047|14,568|16,615|



Page 9 

continued... 



Wistow Smart Start Preschool 

Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **7. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|54,919|(40,711)|14,208|
|NYCC funding|90,454|(90,454)|-|
|Crombie Wilkinson|200|(200)|-|
||145,573|(131,365)|14,208|
|**Restricted funds**||||
|North Yorkshire Council|800|(440)|360|
|**TOTAL FUNDS**|146,373|(131,805)|14,568|



## **8. RELATED PARTY DISCLOSURES** 

Trustee, H Smith was paid £878.26 as an Early Years Practitioner (Bank Staff) for the year, within the charity as declared. 

Page 10 



Wistow Smart Start Preschool 

Detailed Statement of Financial Activities for the Year Ended 31 August 2024 

||31.8.24|31.8.23|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|200|-|
|Grants|800|-|
||1,000|-|
|**Other trading activities**|||
|Fundraising|2,135|10,790|
|**Investment income**|||
|Interest received|8|-|
|**Charitable activities**|||
|Preschool fees|82,807|49,593|
|Other income|-|40|
||82,807|49,633|
|**Total incoming resources**|85,950|60,423|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|41,587|39,726|
|Social security|5,511|3,709|
|Pensions|2,835|606|
|Rent, rates and water|12,429|6,548|
|Insurance|775|761|
|Telephone|688|584|
|Postage and stationery|269|309|
|Advertising|-|54|
|Sundries|60|635|
|Repairs and renewals|250|69|
|Food|1,290|2,757|
|Educational resources|3,092|1,000|
|Ofsted|85|50|
|Computer software|258|748|
|Staff training|977|432|
||70,106|57,988|
|**Support costs**|||
|**Governance costs**|||
|Accountancy and legal fees|3,217|494|



This page does not form part of the statutory financial statements 

Page 11 



Wistow Smart Start Preschool 

Detailed Statement of Financial Activities for the Year Ended 31 August 2024 

||31.8.24|31.8.23|
|---|---|---|
||£|£|
|Total resources expended|73,323|58,482|
|**Net income**|12,627|1,941|



This page does not form part of the statutory financial statements 

Page 12