## MILL LANE PRE-SCHOOL ASSOCIATION 

## BROXBOURNE, HERTFORDSHIRE 

Registered Charity No. 1023359 

## TRUSTEE’S ANNUAL REPORT 

This Charity is known as the Mill Lane Pre-school Association, Registered Charity Number 1023359.  For the financial year beginning 1[st] January 2024 and ending 31[st] December 2024, the principal address of the Association is 4 Bushby Avenue, Broxbourne, Herts. ENl0 6QE. 

The managing trustees for the year are as follows: - 

Mrs S Montgomery (Chairperson) Mrs Lauren O’Dowd (Nominated Individual) Emma Thomas, Kate Batten. 

Members of the managing trustees must be nominated by two members of the Association seven days prior to the AGM. 

The Association is governed by its Constitution, last amended and adopted at a Special General Meeting on 15[th] May 2019. 

The Association aims to provide safe and satisfying group play for the promotion of education of pre-school children. 

In September 2021 Colin Markham took on the responsibility of group administrator and PreSchool Leader. 

The trustees have approved the above report. 

Full Name: Sue Montgomery Chair Position: Date:                   13th March 2025 



## **MILL LANE PRE SCHOOL ASSOCIATION Statement of Accounts as at 31st December 2024** 

**Funds as at 31/12/24** 

**Bank Movement through 2024 Funds as at 31/12/24 Current a/c Savings a/c** Bank Balance @ 31/12/23 £                           4,202.77 13275.93 **Bank Balances £  29,315.44** 2024 Costs -£                         78,752.77 2024 Income £                         90,384.04 205.47 **Plus Net Net** Debtors / Creditor **£0.00** Inter Account Transfer -5000.00 5000.00 Bank Balance @ 31/12/24 **£     10,834.04 £ 18,481.40 Total Funds £29,315.44** 

**Plus Net Net** Debtors / Creditor **£0.00** 

|**Costs**|**2024**||
|---|---|---|
|Salaries inc tax, NHI & Pension:|-£|63,912.01<br>|
|Rent:|-£|9,035.00<br>|
|Professional Services & Training:|-£|726.77<br>|
|Equipment:|-£|2,652.39<br>|
|Consumables:|-£|404.05<br>|
|Pre school Insurance:|-£|662.63<br>|
|Staff Uniforms:|-£|371.84<br>|
|Phone:|-£|100.20<br>|
|**Total For Cash Balance**|**-£**|**77,864.89**<br>|
|Reverse 2023 year end cost adjustments|-£|16.20<br>|
|2024 adjustments to Costs (See below)|||
|**Total For 2024 Accounts**|**-£**|**77,881.09**<br>|



||||**Income**|**2024**|
|---|---|---|---|---|
|||Attendance Fees|£|25,818.37<br>|
|||County Subsidies|£|62,804.34<br>|
|||Fund Raising Events|£|873.45<br>|
|||Interest on Savings a/c|£|205.47<br>|
|||**Total for Cash Balance:**|**£**|**89,701.63**<br>|
|Reverse|2023|year end income adjustments|£|1,070.42<br>|
|2024|adjustments to Income (See below)||||
|||**Total for 2024 Accounts:**|**£**|**90,772.05**<br>|



> **2024 Profit \ Loss (-) £12,890.96** 

## **Commentary** 

## **Adjustments to Costs/Income (as shown above)** 

There are no adjustments required 

0.00 

09/04/2025 

Mill Lane Statement of Accounts2024 (3) 



MILL LANE PRE-SCHOOL ASSOCIATION, BROXBOURNE 

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF MILL LANE PRE-SCHOOL ASSOCIATION 

## REGISTERED CHARITY NUMBER: 1023359 

On accounts for the year ended 31.12.2024 

As set out in the Mill Lane Pre-School Association Statement of Accounts 2024. 

**Respective responsibilities of** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees **Trustees and examiner** consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: 

   - examine the accounts under section 145 of the Charities Act, 

   - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the Charities Act), and 

   - to state whether particular matters have come to my attention. 

- **Basis of independent examiner's** My examination was carried out in accordance with the general Directions given by the Charity **statement** Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with 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 procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report  is limited to those matters set out in the statement below. 

## **Independent examiner's** In connection with my examination, no matter has come to my attention: **statement** 

- (1) which gives me reasonable cause to believe that in, any material respect the requirements 

   - to keep accounting records in accordance with section 130 of the Charities Act; 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 

- (2) to  which,  in  my  opinion,  attention  should  be  drawn  in  order  to  enable  a  proper understanding of the accounts to be reached. 

. 

Signed:  L.Bayford 

Date: 12[th] March, 2025 

(signed paper version provided to Colin Markham) 

L.C.Bayford 5 Bushby Avenue Broxbourne Hertfordshire