REGISTERED CHARITY NUMBER: 1023385
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
FOR
BROUGHTON UNDER FIVES ASSOCIATION
Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ
BROUGHTON UNDER FIVES ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| 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 9 |
| Detailed Statement of Financial Activities | 10 |
BROUGHTON UNDER FIVES ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. 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 activities
-
To enhance the development and education of children under statutory school age in a parent-involving, community based group
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To provide a safe, secure and stimulating environment
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To work within a framework which ensures equality of opportunity for all children and families
Public benefit
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A specially tailored curriculum leading to approved learning outcomes
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Individual care and attention made possible by a high ratio of staff to children
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Fun and friendship with children and other adults
-
Opportunities for you and your family to be directly involved in the activities of the group and your own child's progress
ACHIEVEMENTS AND PERFORMANCE
Achievements and Performance
Our main aims for the year were to continue to raise funds for the preschool and awareness of the setting in the local and wider area. The staff and trustees have worked very hard to ensure fundraising efforts were made throughout the year and child numbers remained high.
We are working closely with a local Early Years Advisor to continuously improve practise, and our focus continues to be on the quality of Special Educational Needs provision as our cohort has a wide variety of needs, including Speech and Language and needs associated with the Autism spectrum. Staff continue to work closely with specialist agencies and have raised funds to buy appropriate resources.
The committee continues to use the Action Plan for the year with its main objectives, to influence minutes and agendas to ensure all the objectives are considered at each meeting. These are monitored closely to ensure the best outcomes for all the children. The business plan has also been updated accordingly.
FINANCIAL REVIEW
Financial position
2024/2025 as at 31st August 2025
Income £147,136 (2024:£133,501) inclusive of Fee income £146,934 (2024:£133,202) Fundraising income £975 (2024:£70) Other income £202 (2024:£229)
Outgoing £146,183 (2024:£103,803) inclusive of
-
regular costs re staff costs/venue hire
-
equipment purchases of new toys Current Account Balance £75,728 (2024: £67,013) Other accounts £8,034 (2024:£7,031)
Page 1
BROUGHTON UNDER FIVES ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
FUTURE PLANS
Key objectives for next year are to continue to invest in staff training and CPD and consolidate the numbers of children accessing our services that have been achieved in the year 24/25 whilst continuing to provide high quality Early Years Education.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is controlled by its governing document, Preschool Learning Alliance Constitution (2005).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1023385
Principal address
Broughton Village Hall Gate Lane Broughton Northamptonshire NN14 1ND
Trustees
R Smyth (resigned 26/1/2025) Mrs E Smyth (resigned 30/4/2025) Ms C O'Leary (resigned 4/2/2026) Ms M Charlesworth (resigned 4/2/2026) Ms H E Bull (resigned 19/7/2025) Ms A Millership (appointed 24/2/2025) (resigned 23/5/2025) Ms C Boulton (appointed 16/6/2025) Ms B Knight (appointed 19/7/2025) Ms S Claypole (appointed 8/9/2025) Ms G Graziano (appointed 2/7/2025)
Independent Examiner
Christopher Pettis F.C.C.A. Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ
Approved by order of the board of trustees on 11 May 2026 and signed on its behalf by:
==> picture [131 x 44] intentionally omitted <==
Ms C Boulton - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROUGHTON UNDER FIVES ASSOCIATION
Independent examiner's report to the trustees of Broughton Under Fives Association
I report to the charity trustees on my examination of the accounts of Broughton Under Fives Association (the Trust) for the year ended 31 August 2025.
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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Christopher Pettis F.C.C.A.
The Association of Chartered Certified Accountants
Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ
11 May 2026
Page 3
BROUGHTON UNDER FIVES ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 147,136 | 133,501 | |
| Investment income | 2 | 150 | - |
| Total | 147,286 | 133,501 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Charity Activity | 146,183 | 103,803 | |
| NET INCOME | 1,103 | 29,698 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 75,716 | 46,018 | |
| TOTAL FUNDS CARRIED FORWARD | 76,819 | 75,716 |
The notes form part of these financial statements
Page 4
BROUGHTON UNDER FIVES ASSOCIATION
BALANCE SHEET 31 AUGUST 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 83,762 | 74,044 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (6,943) | 1,672 |
| NET CURRENT ASSETS | 76,819 | 75,716 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 76,819 | 75,716 | |
| NET ASSETS | 76,819 | 75,716 | |
| FUNDS | 6 | ||
| Unrestricted funds | 76,819 | 75,716 | |
| TOTAL FUNDS | 76,819 | 75,716 |
The financial statements were approved by the Board of Trustees and authorised for issue on 11 May 2026 and were signed on its behalf by:
C Boulton - Trustee
B Knight - Trustee
Page 5
BROUGHTON UNDER FIVES ASSOCIATION
The notes form part of these financial statements
Page 6
BROUGHTON UNDER FIVES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
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.
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Deposit account interest | 150 | - |
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BROUGHTON UNDER FIVES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charity Activity NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors |
Unrestricted fund £ 133,501 103,803 29,698 46,018 75,716 2025 2024 £ £ - 1 6,558 (2,086) 385 413 6,943 (1,672) |
|---|---|
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BROUGHTON UNDER FIVES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
6. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
Net movement At At 1/9/24 £ in funds £ 31/8/25 £ 75,716 1,103 76,819 75,716 1,103 76,819 Incoming resources £ Resources expended £ Movement in funds £ 147,286 (146,183) 1,103 147,286 (146,183) 1,103 |
|---|---|
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/9/23 | in funds | 31/8/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 46,018 | 29,698 | 75,716 |
| TOTAL FUNDS | 46,018 | 29,698 | 75,716 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 133,501 133,501 |
Resources expended £ Movement in funds £ (103,803) 29,698 (103,803) 29,698 |
|---|---|---|
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BROUGHTON UNDER FIVES ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/9/23 | in funds | 31/8/25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 46,018 | 30,801 | 76,819 |
| TOTAL FUNDS | 46,018 | 30,801 | 76,819 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 280,787 280,787 |
Resources expended £ Movement in funds £ (249,986) 30,801 (249,986) 30,801 |
|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
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BROUGHTON UNDER FIVES ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Fees Donations Fundraising Grants - NCC Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Wages Premises Expenses incl Rent Insurance Telephone Postage and stationery General Expenses Snacks/Refreshments Computer equipment / software Professional Fees Staff training Support costs Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income |
2025 £ 14,053 202 975 131,906 147,136 150 147,286 116,769 14,061 909 96 451 15 2,257 5,275 3,811 320 143,964 1 2,218 146,183 1,103 |
2024 £ 17,943 229 70 115,259 |
|---|---|---|
| 133,501 - |
||
| 133,501 75,984 14,329 977 86 327 564 2,032 2,364 4,975 497 |
||
| 102,135 5 1,663 |
||
| 103,803 | ||
| 29,698 |
This page does not form part of the statutory financial statements
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