WEMBDON SUNSHINERS PRE SCHOOL FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025
CONTENTS
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1 Reference and Administrative Details
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2-3 Report of the Management Committee 4 Report of the Independent Examiner 5 Statement of Financial Activities 6 Balance Sheet
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7-10 Notes to the Accounts
Registered Charity No. 1024051
Wembdon Sunshiners Pre School Reference & Administrative Details For the Year Ending 31 July 2025
The management committee serving during the year and since the year end were as follows:
J Dodden (Appointed 20 July 2012) L Lewis (Appointed 24 September 2018) L Rogers (Resigned 20 September 2024) K Pester (Resigned20 September 2024 H Gold (Appointed 27 September 2021) L Knight (Resigned 20 September 2024) L Williams (Resigned 20 September 2024) E Smith (Appointed 22 September 2022) S Chrystall (Appointed 22 September 2022) S Parr (Resigned 20 September 2024) S Millward (Treasurer) (Appointed 22 September 2022) D Pester (Resigned 6 October 2025) R Chrystall (Appointed 20 November 2023) L Williams (Resigned 6 October 2025) R Stringer (Resigned 6 October 2025) E Cresswell (Appointed 20 November 2023) J Walford (Appointed 20 September 2024, Resigned 6 October 2025) L Chapman (Appointed 25 September 2024) N Prett (Chair) (Appointed 6 October 2025) T Seal (Appointed 6 October 2025) H Seal (Appointed 6 October 2025) D Elson (Appointed 6 October 2025)
Registered Address:
The Green at Wembdon, Homberg Way, Wembdon, Bridgwater, Somerset, TA67BY
Registered Charity No: 1024051
Independent Examiner:
Catherine Flannery FCCA, FMAAT South Devon Accounting Ltd, 6 Orchard Close, Newton Abbot, Devon, TQ12 6AL
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Wembdon Sunshiners Pre School
Report of the Management Committee For the Year Ending 31 July 2025
The management committee presents their annual report and financial statements of the Charity for the year ending 31[st] July 2025. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Charity's trust deed, Charities Act 2011 and 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 the Republic of Ireland (FRS 102).
Objectives & Activities
The Charity's main objective is to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through a preschool setting. The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
Achievements & Performance
Staff worked together in what was another tough year for the whole of the Early Years sector. Recruitment and retainment were once again difficult, but our staff remained driven as a team to overcome these challenges.
For our fundraising efforts this year, we purchased larger than life sized Bluey and Bingo costumes. We held a ‘Family Day’ during the Cricket Clubs Beer and Cider Festival on the Sunday, and it was a huge success and very popular with the children and families. Investing in the costumes means that we can hold future events to raise money.
The pre-school continued to receive funds raised through One lottery and the Clothes Bank donations. Our annual Christmas fair, festive activities, Valentines disco etc also raised vital funds.
We continue to partner up with the Neighbourly scheme which enabled us to collect surplus food from supermarkets, mainly Aldi. This is very helpful for providing snacks and also bringing the cost of our food shops down.
Famly (our online software platform) has continued to be a huge success. On Famly our staff provide fortnightly observations and photos, it’s an outline of the child's fortnight of what they have been learning. It has made our parent partnership stronger. Interaction from parents has increased on posts, and they have also been very proactive with our wish lists that we post on the platform, and with becoming more involved in events and fundraising.
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Wembdon Sunshiners Pre School Report of the Management Committee (cont.) For the Year Ending 31 July 2025
Financial Review
The Charity generated an overall surplus (after restricted funding allocations) of £7,002 for the year (£41,958 surplus in 2023/24). Income is stable, slightly down on the previous year at £271,236 (£278,903 2023/24), but this is within expected ranges.
The Charity maintained stable overhead costs across the board, comparable with the previous year. The main reason for the reduction in surplus was an increase in staffing costs including wages, national insurance, and pension contributions with employee-related expenditure increasing from just over £201k to just under £227k. The difference is largely due to an additional member of staff, pay rises (which in turn increased employer pension contributions), and changes to the Employer National Insurance threshold.
The management committee are extremely pleased that the Charity is continuing to generate a surplus which will assist with future growth and development.
The Charity aims to hold sufficient funds in reserve to cover any redundancy costs should the preschool close in accordance with the recommendations set out by Local Government.
Structure, Governance & Management
Wembdon Sunshiners Pre School is an unincorporated Charity governed by its constitution with charity registration number 1024051.
The Charity is run by a management committee whose members are elected at the Annual General Meeting. The majority of the committee members are parents of children who attend the Preschool, along with two of the members of staff, the Preschool manager and office manager.
Approved by the management committee on 9[th] March 2026 and signed on its behalf by:
Sarah Milward Treasurer
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Wembdon Sunshiners Pre School
Examiners Report to the Trustees For the Year Ending 31 July 2025
We report to the trustees on my examination of the accounts of the charity for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
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:
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1 accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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2 the accounts do not accord with those records; or
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3 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 to enable a proper understanding of the accounts to be reached.
Catherine Flannery FCCA, FMAAT
South Devon Accounting Ltd, 6 Orchard Close, Newton Abbot, Devon, TQ12 6AL
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Wembdon Sunshiners Pre School Statement of Financial Activities For the Year Ending 31 July 2025
| Incoming resources (Note 2) Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Resources expended (Note 3) Expenditure on: Raising funds Charitable activities Reconciliation of funds: Total funds carried forward Total Net (deficit)/income Total Total funds brought forward |
Unrestricted funds Restricted funds Total funds 2025 2024 £ £ £ £ - - - 300 251,221 10,630 261,851 272,851 8,477 8,477 5,039 908 908 713 |
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| 260,606 10,630 271,236 278,903 |
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| - - - - 259,389 4,845 264,234 236,945 |
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| 259,389 4,845 264,234 236,945 |
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| 1,217 5,785 7,002 41,958 |
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| 118,685 8,518 118,685 76,727 |
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| 119,902 14,303 125,687 118,685 |
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Wembdon Sunshiners Pre School Notes to the Accounts For the Year Ending 31 July 2025
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention, and in compliance with FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and with 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), and the Charities Act 2011. The Charity is a public benefit entity. The accounts are prepared in sterling, which is the functional currency of the Charity. The trustees have taken advantage of the exemption available to small charities not to prepare a cash flow statement. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
1.2 Funds
The General fund is held with the purpose to support the charities primary activity which is to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
The Fundraising account holds money raised outside of the primary charitable activity and is also unrestricted. This enables the charity to purchase new equipment and resources for the children and make a difference to the community.
Restricted funds represent grants or donations received for a specific object. The fund may only be expended for the specific object for which they were given.
1.3 Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
1.4 Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category.
The following specific policies apply to categories of expenditure:
Costs of generating funds comprise the costs associated with attracting fundraising income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those of an indirect nature necessary to support them.
Support costs are those incurred directly in support of expenditure on the objects of the charity.
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Wembdon Sunshiners Pre School
Notes to the accounts (cont.) For the Year Ending 31 July 2025
Note 2 Analysis of income
| Donations received Charitable activities: Development & education of children Higher needs income (restricted fund) Fund raising events Sale of uniforms Interest income This is stated after charging: Depreciation - owned assets Independent examiner's fees Insurance Rent, light and heat Repairs and maintenance Uniform Bank charges Depreciation Governance Total Support costs Note 4 Support Costs Development and education of children Support costs Total expenditure on charitable activities Higher needs equipment expenditure (restricted fund) Expenditure on charitable activities: Expenditure on raising funds: TOTAL INCOME Income from investments: Total expenditure on raising funds Other trading activities: Donations and legacies: Staging fundraising events Note 3 Analysis of expenditure |
2025 2024 £ £ - 300 |
|---|---|
| - 300 |
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| 251,221 260,499 10,630 12,352 |
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| 261,851 272,851 |
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| 8,137 4,489 340 550 |
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| 8,477 5,039 |
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| 908 713 |
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| 908 713 |
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| 271,236 278,903 |
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| 2025 2024 £ £ 3,869 1,538 600 600 |
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| 2025 2024 £ £ - - |
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| - - |
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| 226,463 204,457 4,845 2,459 32,926 30,029 |
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| 264,234 236,945 |
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| 2025 2024 £ £ 6,295 6,634 846 1,039 19,289 18,923 233 50 1,293 1,086 123 159 3,869 1,538 978 600 |
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| 32,926 30,029 |
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Wembdon Sunshiners Pre School Notes to the accounts (cont.) For the Year Ending 31 July 2025
Note 5 Tangible fixed assets
5.1 Cost or valuation
| At the beginning of the year Additions Revaluations Disposals At end of the year At beginning of the year Disposals Depreciation Impairment At end of the year Net book value at the beginning of the year Net book value at the end of the year Trade debtors Prepayments Total Note 6 Debtors and prepayments 5.3 Net book value 5.2 Depreciation and impairments |
Fixtures & Equipment £ 16,459 13,194 - - |
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|---|---|---|
| 29,653 |
Note 7 Creditors and accruals
Amounts falling due within one year
| Trade creditors Accruals and deferred income Taxation and social security Total |
2025 2024 £ £ - - 600 600 961 593 |
|---|---|
| 1,561 1,193 |
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Wembdon Sunshiners Pre School
Notes to the accounts (cont.) For the Year Ending 31 July 2025
Note 8 Movement in Funds
| Unrestricted funds | Fund balances at 01/08/2024 £ |
Income £ |
Expenditure £ |
Transfers £ |
Fund balances at 31/07/2025 £ |
|---|---|---|---|---|---|
| Fundraisingfund | 31,699 | 8,137 | - | - | 39,836 |
| General | 68,575 | 252,469 | (259,389) | - | 61,655 |
| Total Funds | 100,274 | 260,606 | **(259,389) ** | - | 101,491 |
| Restricted funds | Fund balances at 01/08/2024 £ |
Income £ |
Expenditure £ |
Transfers £ |
Fund balances at 31/07/2025 £ |
|---|---|---|---|---|---|
| Higher needs funding | 18,411 | 10,630 | (4,845) | - | 24,196 |
| Total Funds | 18,411 | 10,630 | **(4,845) ** | - | 24,196 |
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