REGISTERED CHARrrY NUMBER: 1024522 UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 FOR ELDENE PRE SCHOOL Morrls Owen Chartered Accountants 43-45 DevSzes Road SWINDON Wiltshire SNI 4BG
ELDENE PRE SCHOOL CONTENT5 OF THE FTNANCIAL STATEMENrs FOR THE PERIOD 1ST APRIL 2024 TO 31sr AUGUST 2025 P•ge Report of the Tru$teeg I to 2 Independent Examlner's Report St•tement of Fin•nclal Activitles ststement of Flnancial Posltlon Noteg to the Flnafidal St•tements 6 to 11 Detalled Statement of Flnanclal Actlvitleg 12 to 13
ELDeNE PRE SCHOOL REPORT OF THE TRUSTEES FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 The trustees present thelr report w(th the flnanclal statements of the charity for the period 1st Aprll 2Q24 to 31st August 2Q125. The trustees have adopted the provlslons of Accounting and Reporting by Charftles.. statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Flnanrtal Reportlng Stsndard appll¢able In the UK and Republlc of Ireland {FRS 102) (effectlve I January 2019). OBJECTIVES AND AcrIvrrIES Objectlves and alms The charity was fomed by PPA Playgroup Constltutlon on 18th May 1993 to enhance thè development and èducation of children under statutory school age by encouraglng parents to understand and provide for the needs of thelr children through ¢omrnunity groups. The charity 15 managed by committee members, who are trustees, wlth the maln actlvltles belng the organisation of Eldene Playgroup. The eharity is not reliant LÉpon subsiantial voluntary seNlces. There have been no slgnlflcant changes In the obJectSves, Ofganisation or pollcles In the year under revlew or slnce. Public beneflt The trustees ¢onflrm that they have complled with the quIrements of section 17 of the Charitles Act 2011 to have due regard to the public beneflt guidan¢e published by the Charlty Commlsslon for England and Wales. FINANCIAL REVIEW Flnanclal posltlon The trustees presènt the financial stateTnents for an extended 17 month perlod ending 31 August 2025 In which the charity had total income of £526,162 (12 months to 31 March 2024.. £306,126). The total expenditure in this period was £511,779 12024: £322,718). The laryest cost by far that we have is wages, and the increase in employer Natlonal Insuran, and the national mlnlmum wages remalns a challenge requlrlng contlnuous monitorlng. This has all resulted In a net surplus for the perlod of £14,383. Following the defiat in the prevlous year {2024.. £16,592 deficit)., the charity has achleved a "near. break-even position for the last 29 months of operations. The bank balance at the end of August remains healthy provl¢Jlng adequate cover to meet day to day operational costs as they fall due. Prifi¢lpal fundlng sour¢es The charity's principal funding durfng the 18 month reportlng period came from local authorlty early years fijnding streams. The majority of income was reiVed through.. 30 hours childcare funding for eligible families with childfftn aged 9 months to 4 years 11 months. FRAZ (Funded Raising Attainment for 2 year olds) ndIng. Universal 3-4 year old earty education fijnding. A smaller proportion of Income was generated through parent pald chlldcare fees, which supplement the publlcly funded hours. Thls mixed model enables the charity to deliver high quallty earty years provision while remalnlng accesslble to famllles acfOSS the communlty. Reserves policy At the end of the 18 month reporting period, the charfty held unrestricted reserves of £41,652. The trustees have set a taryet resetves level equivalent to three months of core operatlng costs, calculated at £lOO,000. This level is consldered appropriate to ensure wntinuity of provlslon In the event of fvndin9 delay5, flurtuations In attenrtance, or unexpected operational costs. The current reserves are below the taryet level, and the trustees are commltted to strengthenlng the charlty's financlal posltlon over the coming period. Measures include careful budget monitoring, revieY4ing eXpendtU, and explorlng OpportunieS to Increase income wh41e maintainlng high quality eady years provislon. Page I
ELDENE PKE SCHOOL REPORT OF THE TRUSTEES FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2015 FUTURE PLANS Within August 2025, the pre-school will move to a new premlses. Looklng ahead, the tnjstees Intend to strengthen and develop the charity's early years provision by. Enhancing the quallty and accesslbility of childcare and education for families eligible for fijnded hours. Expandlng engagement with familie5 of younger children as the 9 month fundlng offer contlnues to grow. Investing in stjff development, trèinlngi and wellbelng to support high quality pra¢tl¢e. Reviewing and improvlng the physical envlronment and resources available to children. Strengthenin9 financial $11[enCe through Improved budgetlng J monltorlng, and diversificatlon of income where appropriate. These plans are deslgned to ensu the charity remain5 respon51ve to l¢xal need, allgned wlth statutory early years framewurks, and sustalnable In the long temi. STRUCTURE, GOVERNANCE AND MANAGEMEP4T Governing document The charity is controlled by its governing document, a deed of trust and constltutes an unlncorporated charlty. REFERENCE AND ADMINXSTRATXVE DETAILS Reglgtsred Ch•rity numbèr 1024522 Principal addre Eldene Communlty Centre Eldene SWINDON Wlltshire SN3 3RZ Trustees Anna Virtoria Cummlns {appolnted 19.11.25) Nicola Thmbrell Llsa Azzopardl-cleere lappolnted 7.11.241 Natslle Haddrell Kiah Heard )esslca Wolla Anthony Mcauley Samantha Eastwell (appointed 8.8.25) Dayna Tlppln9 lappoSnted 7.11.241 Anne-marte Hanrahan {reslgned l. 10.24) Xndependent Examiner lan Sumbler FCCA Morris Owen Chartered Aceountants 43-45 Devizes Road SWINDON Wiltshire SNI 4BG Approved by order of the board of trustees on 31st March 2026 and signed on its behalf by.. Anna Vlctoria Cummlns - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ELDENE PRE SCHOOL Independent examlner's report to the trustees of Eldene Pre School I report to the charity trustees on my examination of the accounts OF Eldene P School (the Trust) for the period 1st April 2024 to 31st August 2025. Responslbilltles and basls of report As the charlty tnjstees of the Trust you are responslble for the preparation of the accounts In accordan wlth the requlrements of the Charltles Art 2011 I'the A¢t'). I report in spect of my exarnlnation of the Trust'5 accounts carried out under Section 145 of the Act and In carylng out my examination I have followed all applicable Direction5 given by the Charity Commlsslon under Section 145(5)Ibl of the Act. Independent éxamln•r'$ &tJtement sIn your charty's gross Income exceeded £250,000 your examlner must be a member of a Ilsted body. I can confirm that l am qualified to undertake thè examination because l am a membèr of the A5soclatlon of Chartered Certified Accountants, whlth is one of the listed bodies. I have completed my examlnatSon. I conflrm that no material matters have come to my attention In connectlon with the examination glving me cause to belSeve that Sn any materfal respect: accounting records were not kept In SpeCt of the Trust as requlred by Sectton 130 of the Act. or the atrounts do not accord with those COrdS,. or the accounts do not compw with the applicable requirements concerning the fom and content of accounts set out in the Charfties (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts glve a true and fair view which is not a Matter consldered as part of an independent examinatr"on. I have no concerns and have ¢ome across no other matters In connectlon wlth the examlnatlon to whlch attentSon should be drawn in this report In order to et)able a proper understandlng of the accounts to be reached. lan Sumblef FCCA Monls Owen Chartered Accountants 43-45 Devizes Road SWINDON Wiltshlre SNI 4BG Date: 0110412026 Page 3
ELDENE PRE SCHOOL STATEMENT OF FINANCIAL AcfiviTIES FOR THE PERIOD 1ST APRIL 2024 TO 31sr AUGUST 2025 Period 1.4.24 to 31.8.25 UDregtricted fund Year Ended 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Funding 525,938 305,921 other trading artlvities Investment income 224 204 Total 526,162 306,126 EXPENDITURE ON Dirert charitable costs 491,898 280,983 Charitable aetlvtties Administration costs 19,881 41,735 Totsl 511,779 322,718 NET INCOMEI(EXPENDITURE) 14,383 {16.5921 RECONCILfATXON OF FUNDS Total funds brought forylard 27,269 43,861 TOTAL FUNDS CARRIED FORWARD 41,652 27,269 The note5 fomi part of these ftnanclal statements Page 4
ELDENE PRE SCHOOL srATEMENT OF FINANCIAL POSMON 31ST AUGUST 2025 2025 Unrestrict•d fund 2024 Total funds Notes FIXED ASSETS Tangible assets io 2.977 3,737 CURRENT ASSETS Stocks Debtors Cash at bank and In hand li 12 S22 6,045 41,910 221 2,793 30,370 48,477 33,384 CREDITORS Amounts falling due wlthln one year 13 (9,802) {9,8521 NET CURRENT ASSETS 38,675 23,532 TOTAL ASSETS LESS CURRENT LIABXLITXES 41,652 27,269 t4ET ASSETS 41,652 27,269 FUNDS Unrestricted fvnd5 14 41,652 27,269 TOTAL FUNDS 41,652 27,269 The flnancial statements were approved by the Board of Trustees and aUthOsed for issue on 31st March 2026 and were signed on Its behalf by.. Anna Vlctorla Cummlns- Trustee The notes fomi part of these flnancial statements Page 5
ELDENE PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 CHARITY INFORMATION The charlty is an unlncorporated charity registration number 1024522 with the Charity Commission for England & Wales. The maln address Is Eldene Communlty Centre, Eldene, Swindon SN3 3RZ. These flnanclal statements a presented In Brftlsh Pounds {GBPI, whlch Is the chariV5 fvnctlonal and pSentatIonal currency. ACCOUNTXNG POLICXES Basls ol pr•parlng the financlal statements The financial statements of the charityi which is a publlc benefit entity under FRS 102, have been prepared in accordance wlth the Charfties SORP {FRS 102) 'Accounting and Report5ng by Charttles.. Statement of Recommended Prattice appllcable to charltles PparIng thelr account5 in accordance wlth the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 1021 leffectlve l January 20191., Financial Reporting Standard 102 'The Flnancial Reporting Standard appllcable In the UK and Republic of Ireland. and the Charitie5 Art 2011. The flnancial stafrrnents have been prepared under the historical cost convention. The finandal statements a prepared on a golng concern basis under the hlstortsl cost convention, modified to include certain itemg at falr value. The financlal statements are ppared in sterling which is the functlonal cUrn(V of the charfty and rounded to the nearest pound. There are no slgnlficant areas of Judgements or key sources of estlmation uncertainty. The trustees consider that there are no materlal uncertainties about the Charfty's ablllty to ¢ontinue as a going concern. Income All income Is recognised in the Statement of Financlal Actlvltles On the charity has entitlement to the funds, It Is probable that the income will be recelved and the amount can be measured rellably, Expandlture Liabilitie5 are recogni5ed as expenditure as soon as there Is a legal or Constructive obIlgaD committlng the charlty to that expendlture, It Is probable that a transfer of econofflic benefits wlll be required in settlement an(J the amount tsf the obllgation can be measured ltably. Expendlture Is accounted for on an accrua15 basi5 and has been classlfied under headings that aggregate all Cost lated to the category. Where costs cannot be dirertly attributed to partlcular heading5 they have been allocated to acttvltles on a basls conslstent with the use of resoijrces. Governance costs These include the costs attributable to the charlty's compllance wlth constitutloftal and statutory reqU1mentS, Including audlt, strateglc management and tntsstees meetlngs and relmbursed expenses. T*ngible fixed p459ets Depreciation is provided at the following annual rates In order to write off ead) asset over its estlmated useful Ilfe. Long leasehold Fixtures and fittings Computer and office equlpment Over the term of the lease 20% on cost and 15% on reduclng balance 25% on cost and 20% on cost T•x•tlo The charity is exempt from tax on its charltsble actlvltles. Fund accountlng Unrestrirted funds can be used In accordance wlth the charitable oble¢tives at the discretion of the trustees. Page 6 contlnued...
ELDENE PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE PERIOD 1ST APRIL 2024 TO 31sr AUGUST 2025 ACCOUNTING POUCIES - continued Fund accountlng Restricted funds can only be used for particular restdcted purpose5 Within the rjbjetts of the charity. Restrictions arise when 5peciNèd by the donor or when ftJnds are raised for partlcular restdcted purposes. Further explanation of the natsjre and purpose of each fund Is included In the notes to the financlal ststements. Penslon costs 4nd other post-retlrement nefft$ The charlty operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Ststement of Financial Actlvities In the period to whlch they relate. FUNDING Perlod 1.4.14 to 31.8.25 Year Ended 31.3.24 Local authorfty fundlng Donatlons Session fees 431,186 341 94,411 236,095 50 69,776 525,938 305,921 OTHER TRADING AcfivzTIES Perlod 1.4.24 Year Endèd 31.3.24 31.8.25 Sales 224 204 Ir4VESTMENT INCOME Perlod 1.4.24 to 31.8.25 Year Ended 31.3.24 Deposlt account Interest TRusfEES' REMUNERATION AND BENEFrrs There We no tnJ5tees' remuneratlon or other beneflts for the period ended 31st August 2025 nor for the year ended 31st March 2024. Trustees. expenses There were no trustees, expenses pald for the perlod ended 31st August 2025 nor for the year ended 31st March 2024. Page 7 continued...
ELDENE PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 STAFF COSTS Period 1.4.24 to 31.8.25 Year Ended 31.3.24 Wages and salarie5 Social securfty costs other pension costs 399,077 14,743 7,156 235,648 1,073 4,646 420,976 241,367 The average monthly number of employees durlng the period was as follows: Period 1.4.24 to 31.8.15 18 Year Ended 31.3.24 20 Stsff members No employee5 received emoluments in excess of £60,000. INDEPENDENT EXAMINERS FEES 2025 2024 Statutory accounts productlon & external scrutiny 1.500 1,800 1,500 1,800 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Funding 305,921 Other tradlng attlvltles Investment Income 204 Total 306,126 EXPENDThURE ON DI¢t charitable costs 28D,983 Charltsble 14Ctlvlti Admlnlstratlon costs 41,735 Total 322,718 NEf INCOMEI(EXPENDrnIRE) (16,592) RECONCILIATION OF FUNDS Total funds brought foNard 43,861 Page 8 continued...
ELDENE PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE PERIOD 1ST APRIL 2024 TO 31 AUGUST 2025 COMPARATIVES FOR THE STATEMENT OF FXNANCIAL ACTIVITIES - continu•d Unrestrirted fund TOTAL FUNDS CARRIED FORWARD 27.269 10. TANGIBLE FIXED ASSETS Computer and office equipment Flxtures and flttlngs Long leasehold Totals co At 1st Aprll 2024 and 31st August 2025 6,325 31,430 8,416 46,171 DEPRECIATION At 1st April 2024 Charge for year 5.075 125 30,135 237 7,224 398 42.434 760 At 31st Aygust 2025 5.200 30,372 7,622 43,194 NET BOOK VALUE At 31st August 2025 1,125 1,058 794 2,977 At 31st March 2024 1,250 1,295 1, 192 3,737 Included wlthln the net book value of the land and bulldings above Is £1,125 12024 - £1,250) In respect of leasehtslds. 11. STOCKS 2025 2024 Goods for resale 522 221 12. DEBTORS: AMOUNTS FALUNG DUE WThHXN ONE YEAR 2025 2024 other debtors Accnjed income Prepayments 833 1,735 225 4,016 2,029 6.045 2,793 Page 9 continued...
ELDENE PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 13. CREDITORS: AMOUNTS FALUNG DVE WtTHIN ONE YEAR 2025 2024 Soclal seojrlty and other taxes Other credltors Accnjals and deferred income 4,215 2.730 2,857 4,633 3,123 2,096 9,802 9,852 14. MOVEMENT IN FUNDS Net movement In funds At 31.8.25 At 1.4.24 Unrestricted funds General fund 27,269 14,383 41,652 TOTAL FIINDS 27,269 14,383 41.652 Net movement in fvnds, included in the above a as ftsllows: Incoming sour¢es Resources expended Movement in funds Unrestricted fund$ General Fund 526.162 (511,779) 14,383 TOTAL FUNDS 526,162 (511,779) 14,383 Comparattveg tor moveméfit In fvnds Net movement in fund5 At 31.3.24 At 1.4.23 UTrrestrlcted fund$ General nd 43,861 (16,592) 27,269 TOTAL FUNDS 43,861 (16,592) 27,269 Comparative net movement In fvnds, Included In the above are as follows.. Incomlng resour5 Resources expended movement In funds Unrestrlcted fvndg General fund 306,126 {322,718) 116.592) TOTAL FUNDS 306,126 1322,718) 116,5921 Page 10 contlnued...
ELDENE PRE SCHOOL NOTES TO THE FINANCEAL STATEMENTS - contlnued FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 15. EMPLOYEE BENEFTh OBLIGATIONS The charity operates a dÈfined contribution penslon scheme. The pension cost charge for the year represent5 contribution5 payable by the ¢harlty to the scheme and amounted to £7,156 12024 £4,646). Ifj. RELATED PARTY DISCLOSURES There were no related party transactlons for the perlod ended 31st August 2025. Page 11
£LDENE PRE SCHOOL DAILED STATEMENT OF FINANCIAL AcrIvrrIES FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 Perlod 1.4.24 to 31.8.25 Year Ended 31.3.24 ZNCOME AND ENDOWMENTS FuThdln9 Local authority fundlng Donations Session fees 431,186 341 94,411 236,09S 50 69,776 525,938 305,921 Other trading activities Sales 224 204 Investment in¢om¢ Deposlt aceount interest Total Incomlng reUrceS 526,162 306,126 EXPENDrruRE Other trading artlvlti Opening stock Purchases Closlng stock 221 592 (522) 244 908 (221) 291 931 Dirert charftsble co¥ts Wages SocSal security Penslons staff tralnlng Consumables Rent Repair5 399,077 14,743 7,156 1.375 24521 43,230 3.505 235,648 1,073 4,646 3,974 12,491 16,782 5,438 491,607 280,052 Support Costs Flnance Bank charges 185 106 Information te¢hnolt)yY Computer costs 263 1,431 Admlnlstratlon costs Insurance Telephone Postage and statlonery Caled forward 1.787 1.477 414 3,678 1,204 1,186 2,747 5,137 This page does not fom part of the statutory financial statements Page 12
ELDENE PRE SCHOOL DETAILED STATEMENT OF FXNANCIAL ACTIVITIES FOR THE PERIOD 1ST APRIL 2024 TO 31ST AUGUST 2025 Period 1.4.24 to 31.8.25 Year Ended 31.3.24 Admlnlstr•tlon ¢Mts Brought forward Travel and subsistence Subscriptions Depn of long leasehold Depn of fixtures and ffttlngs Depn of Offi equipment 3,678 645 4,763 125 237 398 5.137 li 139 266 398 9.846 5,951 Governance costs Legal and professlonal fees Accountsncy fees Independent examination fees 7,207 880 1,500 32,447 1,800 9,587 34,247 Total resources expended 511.779 322,718 Net incom•l(txp•nditur•) 14,383 116,5921 This page does not form part of the statutory tlnanoal statements Page 13