**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.
- 1 -
## **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 –
- All about me
- 3 x artist weeks – we looked at famous artists or choose our favourite illustration from a book and had a go at copying it.
- New life – the children particularly enjoyed the tadpoles.
- Sensory week
- Cooking week and many more…
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.
- 2 -
## **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.
- 3 -
## **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)
- 4 -
## **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
- 5 -
## **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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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.
- 6 -
## **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 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: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 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
- 7 -
## **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.
- 8 -
## **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**
- 9 -
**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.
- 10 -
## **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.
- 11 -
## **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|
- 12 -
## **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|
- 13 -
## **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.
- 14 -
## **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.
- 15 -
## **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.
- 16 -
## **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|
- 17 -
## **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).
- 18 -