Castor and Ailsworth Preschool Village Hall Peterborough Road Castor Peterborough PE5 7AX Telephone 01733 380190 ## Treasurer's Report for AGM 25th September 2025 The 2024-25 school year saw a continuation of the positive developments we had seen the previous year. Pupil demographic again enabled us to claim very welcome additional funding, and continued staff changes have meant the Redundancy provisions remain more than adequate at current levels so once again we have not had to contribute any additional funds to this area. The government continued its phased roll out of its additional funding programme during the year and from this school year parents of children over 9 months that meet the criteria can claim 30 hours a week funding. Whilst we do not take children until their second birthday, we are undoubtedly seeing younger children joining us for more hours this term. Funding received this year was £103,603.76 up from £89,176.65 the previous year. However, fees paid by parents inevitably continued to drop and were £14,267.09 down from £17,440.55. These changes are a direct result of the roll out of increased government funding and is a trend I expect to accelerate this year. Disposable income at the end of the year was £22,121.12 up from £17,528.71. We have also been able to increase our contingency fund to £20,000. Which coincidently is the amount we lost during the covid era. Fundraising had another good year raising £1386.86 at various events. In addition, we received a very generous total of £1300 from Ailsworth Parish council. All money raised is, as always, set aside to be spent for the benefit of the children at the setting. Whilst all of the above mentioned has given us a sound financial base moving forward there are still some uncertainties within the early years industry and the national press paints a very gloomy picture of current and future prospects, a situation that is not, thankfully, currently being felt here. I would like to take this opportunity to congratulate Sam on a successful first full year as leader. Also, thanks go to Rachel on guiding the setting through a financially successful but, sometimes, I am sure difficult first year a Chair. Also, thanks once again to Nicola Goy for checking and signing off last year accounts. Once this years are approved, I will submit them to the Charity commission. Income and expenditure account 31/08/25 ## **Castor and Ailsworth Preschool** |||2025||£||2024||£| |---|---|---|---|---|---|---|---|---| |**Income**||||||||| |Fees and vouchers|£|14,267.09
|||£|17,440.55
||| |Fundraising|£|2,913.81
|||£|2,398.98
||| |Donations|£|-
|||£|-
||| |Funding|£|103,603.76
|||£|89,176.65
||| |HMRC SSP/CJRS|£|-
|||£|-
||| |Interest on 35 day account|£|785.93
|||£|-
||| |Other|£|189.38
|||£|792.10
||| |**Sub**|**£**|**121,759.97**
|**£**|**121,759.97**
|**£**|**109,808.28**
|**£**|**109,808.28**
| |**Expenditure**||||||||| |Salaries|£|89,028.96
|||£|75,607.59
||| |Rent and rates|£|7,845.50
|||£|7,809.50
||| |Provisions|£|204.45
|||£|462.69
||| |Equipment|£|391.31
|||£|193.93
||| |Bank charges|£|182.60
|||£|186.05
||| |Office admin and costs|£|3,101.59
|||£|2,534.22
||| |Training|£|816.40
|||£|25.00
||| |EYPP|£|1,527.55
|||£|321.99
||| |Other|£|3,437.63
|||£|1,731.73
||| |Fundraising costs|£|226.95
|||£|258.70
||| |Spend from fundraising|£|2,720.00
|||£|1,093.11
||| |**Sub**|**£**|**109,482.94**
|**£**|**109,482.94**
|**£**|**90,224.51**
|**£**|**90,224.51**
| |**Balance for year's activities**|||**£**|**12,277.03**
|||**£**|**19,583.77**
| |C/fwd year end 2024|||£|61,438.46
|||£|41,854.69
| |**Year end reconciliation**|||**£**|**73,715.49**
|||**£**|**61,438.46**
| |Year end reconciled balance|||£|73,715.49
|||£|61,438.46
| |less Petty Cash|||£|-
|||£|-
| |less Insurance|||£|-
|||£|840.00
| |Set aside fundraising|||**£**|**1,594.37**
|||**£**|**2,674.68**
| |less Money set aside (contingency)|||**£**|**20,000.00**
|||**£**|**10,545.07**
| |less Money set aside (redundancy provision/future|development)||**£**|**30,000.00**
|||**£**|**29,850.00**
| |**Agreed (disposable) Balance at year end**|||**£**|**22,121.12**
|||**£**|**17,528.71**
| nde endent Examinels r ort This independent examiners report relating to their ac¢ounts is to tha trustees and members of the Castor & Allsworth Pre-school Accounts are prepared for the year eTrJed 31" August 2025 Account sthedules are set out on page 1 & 2 iliti of trustees and examiner Thè charitys trustees are responsible for the preparation of the accounts. The charitys trustees ¢)nsider that an audit is not required for this year under seth'on 144(2) of the Charities Act 2011 (the 2011 Act). and that an independent examination is needed. It is my responsibility to.. Examine the accounts under section 145 of the 2011 Act To follow the pr¢xedures laid dovm in the general directions given by the Charity Commission (under section 14515}{b) of the 2011 Act To state whether particular matters have come to my attention of inde ndent examineff s statement My examination was carried out in aexordance wth general directions given by the Charity Commission. An examination includes a reviffiv of the a¢counting records kept by the charty and comparison of the accounts presented Y￿th those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The pr￿edureS undertake do ￿t provide all the evidence that would be required in an audit and consequently no opinion is given as to ￿￿ether the accounts present a 'true and fairf view and the report is limited to those matters set c￿t in the statement baltr￿. In connection NNith my examination. matter has come to my att8ntion. 11 vthich gives me reasonable cause to believe that in. any material r8SP8Ct, the requirements.. To keep accounting records in ￿CordanCe *ith seciion 130 of the 2011Act,' and To prepare accounts vthich acwd the ac¢ountiTr3 rec<)rds and comply with the accounting requirements of the 2011 Act or 2] to which, in my ¢)pinion, attention should be dra*vn in order to enable a proper understanding of the a¢￿Unts to be reached. Signed: k£40 Date: 1010512026 Nicola Goy ACMA 3 Maffit Road, AllS￿￿)rth, Peterborough, PE57AG. . Section 144(¥ those with a gross annual income over£lm or with a gn)ss annu81 income over £5￿,000 and assets with an aggregate value exGeedirs £3.26 million