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← Abbotsham and Alwington Pre-School

2025-07-31-accounts

Charity registration number 1023074 (England and Wales)

ABBOTSHAM & ALWINGTON PRE-SCHOOL

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

ABBOTSHAM & ALWINGTON PRE-SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs C T Skelton
Ms L Taylor (Appointed 10 October 2024)
Ms Z Stevens (Appointed 10 October 2024)
Ms E Thorne (Appointed 10 October 2024)
Ms A Cole (Appointed 10 October 2024)
Ms S Cox
Ms G Hocking
Ms S Smith
Ms H Leigh
Mr T G Vanstone
Charity registration England and Wales 1023074
Principal address Old School Rooms & Majors Office
Abbotsham
Bideford
Devon
EX39 5AP
Independent examiner Simpkins Edwards LLP
Millennium House
Brannam Crescent
Roundswell Business Park
Barnstaple
Devon
EX31 3TD

ABBOTSHAM & ALWINGTON PRE-SCHOOL

CONTENTS

Page
Trustee's Report report 1 - 5
Statement of Trustee's Report responsibilities 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 18

ABBOTSHAM & ALWINGTON PRE-SCHOOL

TRUSTEE'S REPORT REPORT

FOR THE YEAR ENDED 31 JULY 2025

The trustees present their annual report and financial statements for the year ended 31 July 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

Objects and aims

To enhance the development and education of children under statutory school age by encouraging children to make new friends, explore, discover and learn through play in a safe and secure environment.

The charity enables children aged 3-5 years old to learn in an exciting and engaging environment,with activities designed to motivate and inspire, and be fun!

We follow the Early Years Foundation Stage (EYFS) and believe strongly that children of pre-school age learn best through stimulating and varied play activities.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

TRUSTEE'S REPORT REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2025

Achievements and performance

Significant activities and achievements against objectives

We started the year (Sept 2024) with 26 on register. 25 left in (July 2025).

We ended the year in July 2025 with 41 on register – this was a little busier than the previous year but we still did have with some sessions left with spaces that didn’t get filled. Unlike this current academic year in which we are completely full with a waiting list now.

25 Children left us in July 2025 to start primary school. Children went to St Helen’s, St Mary’s, Newport and Woolsery.

Some of the activities we learnt about and enjoyed last year were –

We celebrated World Kindness Day – we walked around the village giving out roses to spread some happiness. This was really appreciated by the villagers, one of them made a Facebook post thanking us for making their day.

The children enjoyed, as did we, our annual Nativity. The children were so brave and we were really proud of them.

Our Christmas party was a hit – we had Magic Martin in, followed by our fabulous Santa aka Phil Stone.

Visitors to our setting have been:

Goal Getters – 3 x 6 week blocks

Trial session of Magical Tots with Miss Roisin

Jiggy Wrigglers came to do a session with us

4 x visits from the librarian

Charlotte Turnbull - photographer

Early years consultant and Early years advisory teacher.

A big change for us this year has been the introduction of our Toddler group – Little Acorns. Susie, you have been a star at running this! A big thank you to Kate for helping Susie run this session. Thank you also to the staff that came into preschool to rearrange the play areas in their holiday time to make the downstairs safe for the toddlers.

We started our tooth brushing program – the children seem to enjoy doing this. Certainly, a lot more than the staff do!

In July, Shauni left us to pursue a change in career. Shauni had worked with us for 4 years.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

TRUSTEE'S REPORT REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

We decided to take on an apprentice this year. Kate came in to help at a couple of sessions in July and was a star. She started officially with us this September. Kate is an amazing addition to our team.

Thank you to Gina for all of your work this year and especially for putting all of my dates into a poster so as parents can see a year in advance most of the activities and events that are happening.

A big thank you must go to, Corena our chairperson, for managing to secure loads of prizes and vouchers to go in our silent auction and for sorting our electricity provider!

Another thank you goes to Toby our treasurer – you have been brilliant as always and so prompt!

Holly – You have been amazing yet again at sorting the funding. This job has become increasingly more difficult especially with the 30 hours funding and our tea club. Thank you so much.

Thank you for all of the support from the committee and the parents at our fundraising events such as, bingo, mini marathon and the silent auction. Our mini marathon raised £1,733. February bingo raised £1,265 and the July bingo raised £700 and the silent auction made £990.

Thanks to all of our fundraising efforts and Shannon being a superstar in applying for grants, we have managed to have a large storage cupboard fitted in the cloakroom which has made that space so much nicer, we had two gates made for the stairs and also purchased an amazing wooden train to replace our old one, plus some lovely new outdoor water toys.

Thank you to everyone who is on the committee for supporting this preschool, we all really appreciate everything that you do.

Lastly a massive thank you to the staff, we have got the best team and I firmly believe that the people who work here is what makes our preschool so special!

Financial review

Reserves policy

The policy is to have 6 months running costs in reserves to include staff wages, this is currently in the region of £65,000.

Principal funding sources

Principle funding is from EYFS and fundraising for purchases to enhance the children’s time in the setting.

Additional expenditure enables us to update and source new equipment for use with children: i.e. sensory equipment and learning material.

We ensure all staff attend regular training which is paid for from EYFS and fundraising.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

TRUSTEE'S REPORT REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

Financial instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Cash flow risk

The charity manages its cash flow risk by its policy to keep cash reserves level of 6months running costs.

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivative financial instruments is limited because the counter parties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of bank current accounts and bank savings accounts. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

Structure, governance and management

Nature of governing document

Abbotsham and Alwington Pre-School was established over 30 years ago, being governed byaConstitution. We are non-profit making, registered with Ofsted to take 26 children per session. Wecurrently have a team of 6 staff and hold sessions in the Old School Rooms and the Major’s Officein Abbotsham (Located in front of the Church).

The trustees who served during the year and up to the date of signature of the financial statements were: Mrs C T Skelton

Ms L Taylor (Appointed 10 October 2024) Ms Z Stevens (Appointed 10 October 2024) Ms E Thorne (Appointed 10 October 2024) Ms A Cole (Appointed 10 October 2024) Ms S Cox Ms G Hocking Ms S Smith Ms H Leigh Mr T G Vanstone Ms M Dark (Resigned 10 October 2024) Ms L Groom (Resigned 10 October 2024) Ms S Cooling (Resigned 10 October 2024) Ms K Shaxton (Resigned 28 August 2025)

ABBOTSHAM & ALWINGTON PRE-SCHOOL

TRUSTEE'S REPORT REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

Recruitment and appointment of trustees

The Charity advertises locally for new Trustees, mainly appealing to current parents and carers and those who have registered their interest for children to attend the Pre-School. Interested parties are invited to attend a meeting to see what is involved.

All Trustees are proposed and seconded by attendees at the AGM.

All proposed Trustees are subject to the legally required checks made upon them and are approved by Ofsted.

The Trustee's Report report was approved by the Board of Trustees.

Mrs C T Skelton Trustee

Mr T G Vanstone Trustee

5 January 2026

ABBOTSHAM & ALWINGTON PRE-SCHOOL

STATEMENT OF TRUSTEE'S REPORT RESPONSIBILITIES

FOR THE YEAR ENDED 31 JULY 2025

The trustees are responsible for preparing the Trustee's Report Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF ABBOTSHAM & ALWINGTON PRE-SCHOOL

I report to the trustees on my examination of the financial statements of Abbotsham & Alwington Pre-school (the charity) for the year ended 31 July 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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 financial statements to be reached.

Mr J Welton BA (Hons) FCA CTA

Simpkins Edwards LLP

Millennium House Brannam Crescent Roundswell Business Park Barnstaple Devon EX31 3TD 21 February 2026

ABBOTSHAM & ALWINGTON PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
2
10,919
1,099
Charitable activities
3
120,752
2,800
Investments
4
967
-
Other income
5
773
-
Total income
133,411
3,899
Expenditure on:
Raising funds
6
758
-
Charitable activities
7
139,434
384
Other expenditure
11
464
5,889
Total expenditure
140,656
6,273
Net income/(expenditure)
(7,245)
(2,374)
Transfers between
funds
(2,221)
2,221
Net movement in
funds
(9,466)
(153)
Reconciliation of funds:
Fund balances at 1 August
2024
92,337
383
Fund balances at 31 July
2025
82,871
230		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
12,018
15,493
60
123,552
114,119
613
967
907
-
773
520
-
137,310
131,039
673
758
448
-
139,818
121,920
2,882
6,353
337
154
146,929
122,705
3,036
(9,619)
8,334
(2,363)
-
(2,208)
2,208
(9,619)
6,126
(155)
92,720
86,211
538
83,101
92,337
383		 Total
2024
£
15,553
114,732
907
520
131,712
448
124,802
491
125,741
5,971
-
5,971
86,749
92,720

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

BALANCE SHEET

AS AT 31 JULY 2025

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
18
Unrestricted funds
19		 2025
£
1,356
80,203
81,559
(2,086)		 £
3,628
79,473
83,101
230
82,871
83,101		 2024
£
11,039
82,127
93,166
(2,717)		 £
2,271
90,449
92,720
383
92,337
92,720

The financial statements were approved by the trustees on 5 January 2026

Mrs C T Skelton Trustee

Mr T G Vanstone Trustee

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies

Charity information

Abbotsham & Alwington Pre-school is a charity. It is registered with The Charity Commmission under reference number 1023074 on 24 June 1993, The principal address for the charity is The Old School Room & Majors Office, Abbotsham, Bideford, Devon, EX39 5AP

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift Aid represents incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Interest from investment income is recognised once the interest has been received.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements 100% in year of purchase Plant and equipment 25% straight line basis Fixtures and fittings 10% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
10,919
1,099
Donations and gifts
Donations from
individuals
4,437
1,099
Government Grants
-
-
Other income from
donations
6,482
-
10,919
1,099		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
12,018
15,493
60
5,536
3,780
60
-
5,168
-
6,482
6,545
-
12,018
15,493
60		 Total
2024
£
15,553
3,840
5,168
6,545
15,553

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

3
Income from charitable activities
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Running of the Pre-school
Early years funding
107,619
2,800
Unfunded hours and
registration fees
13,133
-
120,752
2,800		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
110,419
107,657
613
13,133
6,462
-
123,552
114,119
613		 Total
2024
£
108,270
6,462
114,732

4 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 967 907
5 Other income
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Recharges, fees and supplies 773 520
6 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Seeking donations, grants and legacies 758 448

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2025

7 Expenditure on charitable activities

Running of Running of
the Pre- the Pre-
school school
2025 2024
£ £
Direct costs
Staff costs 107,721 101,230
Rent 8,690 8,728
Rates & Water 1,289 511
Insurance 1,468 932
Light & Heat 2,475 3,754
Repairs 9,266 1,726
Hire and children's entertainment 1,195 485
Telephone 799 406
Post & Stationary 486 255
Advertising - 25
Purchase of Snacks and Craft Supplies 2,246 1,328
Computer Costs 462 482
Sundry Costs 777 956
Uniform 636 949
Bank Charges 1 6
Accountancy 1,438 1,233
Other charitable expenditure 869 1,796
139,818 124,802
Analysis by fund
Unrestricted funds 139,434 121,920
Restricted funds 384 2,882
139,818 124,802
8 Independent Examinder's Remuneration
2025 2024
£ £
Other fees to examiners
Examination-related assurance services 750 630

9 Trustees Remuneration and Expenses

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

10 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
6
2025
£
104,599
1,428
1,694
107,721		 2024
Number
6
2024
£
94,217
5,616
1,397
101,230

There were no employees whose annual remuneration was more than £60,000.

11 Other expenditure

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Depreciation 464 5,889 6,353 337 154 491

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

13
Tangible fixed assets
Leasehold
improvements
Plant and
equipment
Fixtures and
fittings
£
£
£
Cost
At 1 August 2024
17,372
1,334
2,035
Additions
5,735
1,975
-
At 31 July 2025
23,107
3,309
2,035
Depreciation and impairment
At 1 August 2024
17,372
488
611
Depreciation charged in the year
5,735
413
204
At 31 July 2025
23,107
901
815
Carrying amount
At 31 July 2025
-
2,408
1,220
At 31 July 2024
-
846
1,425
14
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
1,356
Prepayments and accrued income
-
1,356
15
Creditors: amounts falling due within one year
2025
£
Trade creditors
95
Other creditors
982
Accruals and deferred income
1,009
2,086		 Total
£
20,741
7,710
28,451
18,471
6,352
24,823
3,628
2,271
2024
£
10,735
304
11,039
2024
£
867
1,220
630
2,717

16 Commitments

Rent of premises

New 3 year lease signed in August, £9,000 for 1st year, £9,500 for the 2nd and £10,000 for the 3rd year.

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2025

17 Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 1,694 1,397

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

18 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 August Incoming Resources Transfers At 31 July
2024 resources expended 2025
£ £ £ £ £
- - (384) 384 -
General 383 3,899 (5,889) 1,837 230
383 3,899 (6,273) 2,221 230
Previous year: At 1 August Incoming Resources Transfers At 31 July
2023 resources expended 2024
£ £ £ £ £
General 538 673 (3,036) 2,208 383

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 August Incoming Resources Transfers At 31 July
2024 resources expended 2025
£ £ £ £ £
General funds 92,337 133,411 (140,656) (2,221) 82,871
Previous year: At 1 August Incoming Resources Transfers At 31 July
2023 resources expended 2024
£ £ £ £ £
General funds 86,211 131,039 (122,705) (2,208) 92,337

ABBOTSHAM & ALWINGTON PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2025

20 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 July 2025:
Tangible assets
3,398
230
Current assets/(liabilities)
79,473
-
82,871
230
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 July 2024:
Tangible assets
1,888
383
Current assets/(liabilities)
90,449
-
92,337
383		 Total
2025
£
3,628
79,473
83,101
Total
2024
£
2,271
90,449
92,720

21 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).