Charity registration number: 1026795
Northern Pre School
Annual Report and Financial Statements for the Year Ended 31 August 2025
D V Marlow & Co Limited - Chartered Accountants 72 West Street Portchester Fareham Hampshire PO16 9UN
Northern Pre School
Contents (continued)
Reference and Administrative Details ] Trustees' Report 2 to3 Independent Examiner's Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes to the Financial Statements 7to 11
Northern Pre School
Reference and Administrative Details
Charity Registration Number 1026795 Principal Office Richmond Rise Portchester Fareham Hampshire PO16 8DG Independent Examiner Jennifer Leonard D V Marlow & Co Limited - Chartered Accountants 72 West Street Portchester Fareham Hampshire PO16 9UN
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Northern Pre School
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2025.
Objectives and activities
Objects and aims
The objectives of the charity are to promote and advance the education of children between the ages of 2-5 years within a Pre-School environment.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
Net incoming resources for the year amounted to £4,260 (2024 £57,094), which has been added to the total funds.
The staff have continued to work hard and have successfully prepared the older children for school. We feel extremely positive for the future and that the Pre-School numbers of children are growing steadily. The Pre-School has a very good reputation in the local area and parent confidence is strong; they are very happy to bring their children to our Pre-School. The feedback from parents is very positive. Last year we recruited a new Manager who has shown enthusiasm and commitment to making the Pre-School a positive and inviting place for young children to enjoy. She has made lots of changes which have enhanced the Pre-School and made it a very happy place. The fresh approach of all the staff has been very rewarding.
Financial review
The Trustees are very pleased with the progress that the Pre-School has made this year.
Employers NI contributions have made a big difference this year to the wage costs. We have however rewarded our staff with a well-deserved wage increase which has been on hold for some time while the Pre School recovered from the ongoing effects of Covid.
Some of the utility costs have escalated particularly Water and the Waste Water costs; these have made an impact on the monies spent this year.
The trustees have been very pro-active with fundraising which has enabled the Pre-School to purchase more outside equipment for the children to enjoy. The fundraising from last year was not spent until the beginning of this financial year and therefore came out of the profits from last year but is shown in this year’s expenditure. We will endeavour to spend any fundraising in the coming year during the year it has been raised.
Plans for future periods
Aims and key objectives forfuture periods
We are seeing a steady increase in the number of children. This has been very successful. Things look very positive for the future of the Pre-School. We have continued to promote the good reputation of the Pre-School and are attracting new children through word of mouth and advertising.
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Northern Pre School
Trustees’ Report (continued)
Structure, governance and management
Nature ofgoverning document
The Pre-School is a registered charity.
The Trustees have a policy of ensuring that the charity has sufficient reserves to continue to operate for a period of three months from the balance sheet date.
Recruitment and appointment of trustees
The Trustees:
Mrs Suzanna Roberts - Chair
Mr Rohit Gupta — Appointed 9th December 2024 Miss Emma King — Resigned 29th August 2025 Mrs Cara McFarlane — Appointed 17th January 2024 Mr Matthew Reader — Appointed 17th January 2024 Mrs Michelle Reader — Appointed 17th January 2024
The annual report was approved by the trustees of the charity on 11 December 2025 and signed on its behalf by:
Mrs S Roberts Trustee
Mrs C McFarlane Trustee
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Northern Pre School
Independent Examiner's Report to the trustees of Northern Pre School
I report to the trustees on my examination of the accounts of Northern Pre School for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity trustees of Northern Pre School 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 Northern Pre School's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the 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 Northern Pre School 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 accounting 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. SWONeVO
Jennifer Leonard Independant Examiner
72 West Street Portchester Fareham Hampshire PO16 9UN
11 December 2025
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Northern Pre School
Statement of Financial Activities for the Year Ended 31 August 2025
| Unrestricted | Total | ||
|---|---|---|---|
| funds | 2025 | ||
| Note | £ | £ | |
| Income and Endowments from: | |||
| Charitable activities | 203,873 | 203,873 | |
| Total income | 203,873 | 203,873 | |
| Expenditure on: | |||
| Charitable activities | (199,613) | (199,613) | |
| Total expenditure | (199,613) | (199,613) | |
| Net income | 4,260 | 4,260 | |
| Net movement in funds | 4,260 | 4,260 | |
| Reconciliation offunds | |||
| Total funds brought forward | 97,649 | 97,649 | |
| Total funds carried forward | 12 | 101,909 | 101,909 |
| Unrestricted | Total | ||
| funds | 2024 | ||
| Note | £ | £ | |
| Income and Endowments from: | |||
| Charitable activities | 223,552 | 223,552 | |
| Total income | 223,552 | 223,552 | |
| Expenditure on: | |||
| Charitable activities | (166,458) | (166,458) | |
| Total expenditure | (166,458) | (166,458) | |
| Net income | 57,094 | 57,094 | |
| Net movement in funds | 57,094 | 57,094 | |
| Reconciliation of funds | |||
| Total funds brought forward | 40,555 | 40,555 | |
| Totalfundscarriedforward | 12 | 97,649 | 97,649 |
All ofthe[charity's][activities][derive][from][continuing][operations][during][the][above] two[periods.] The funds breakdown for 2024 is shown in note 12.
The notes on pages 7 to 11 form an integral part of these financial statements. Page 5
Northern Pre School
(Registration number: 1026795) Balance Sheet as at 31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible assets | 8 | 2 | 2 |
| Current assets | |||
| Debtors | 9 | 1,207 | 168 |
| Cash at bank and in hand | 10 | 105,308 | 101,293 |
| 106,515 | 101,461 | ||
| Creditors: Amounts fallingdue within one year | 11 | (4,608) | (3,814) |
| Net current assets | 101,907 | 97,647 | |
| Net assets | 101,909 | 97,649 | |
| Funds ofthe charity: | |||
| Unrestricted income funds | |||
| Unrestricted funds | 101,909 | 97,649 | |
| Totalfunds | 12 | 101,909 | 97,649 |
The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 11 December 2025 and signed on their behalf by:
Mrs S Roberts Trustee
Mrs C McFarlane Trustee
The notes on pages 7 to 11 form an integral part of these financial statements. Page 6
Northern Pre School
Notes to the Financial Statements for the Year Ended 31 August 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Northern Pre School meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Expenditure
Charitable activities
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 costs of an indirect nature necessary to support them.
Tangible fixed assets
All fixed assets are originally recorded at cost.
Depreciation and amortisation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of[that][asset][as][follows:]
Outside play area - Over 5 years
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Northern Pre School
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
2 Income from charitable activities
| Unrestricted | ||
|---|---|---|
| funds | Total | |
| General | 2025 | |
| £ | £ | |
| Fees receivable | 15,206 | 15,206 |
| Milk refunds | 330 | 330 |
| Grants receivable | 186,951 | 186,951 |
| T shirts | 67 | 67 |
| Fundraising | 1,319 | 1,319 |
| 203,873 | 203,873 | |
| Unrestricted | ||
| funds | Total | |
| General | 2024 | |
| £ | £ | |
| Fees receivable | 25,833 | 25,833 |
| Milk refunds | 392 | 392 |
| Grants receivable | 196,072 | 196,072 |
| T shirts | 25 | 25 |
| Fundraising | 1,230 | 1,230 |
| 223,552 | 223,552 |
3 Expenditure on raising funds and charitable activities
| Unrestricted | ||
|---|---|---|
| funds | Total | |
| General | 2025 | |
| £ | £ | |
| Pre school running activities | 50,666 | 50,666 |
| Staffcosts | 148,947 | 148,947 |
| 199,613 | 199,613 | |
| Unrestricted | ||
| funds | Total | |
| General | 2024 | |
| = | £ | |
| Pre school running activities | 44,701 | 44,701 |
| Staffcosts | 121,757 | 121,757 |
| 166,458 | 166,458 |
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Northern Pre School
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
4 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
5 Staff costs
The aggregate payroll costs were as follows:
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----- Start of picture text -----
||||||
|---|---|---|---|---|
|2025|2024|
|£|£|
|Staff costs|during|the|year|were:|
|Wages|and|salaries|142,439|118,537|
|Social|security|costs|3,421|1,659|
|Pension|costs|3,087|1,561|
|148,947|121,757|
----- End of picture text -----
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
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----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|No|No|
|Average|number|of employees|2|9|
|6|Independent|examiner's|remuneration|
|Fees|payable|to|the|independent|examiner|for:|
|2025|2024|
|£|£|
|Independent|examination|of financial|statements|1,200|1,080|
----- End of picture text -----
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Northern Pre School
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
| 8 Tangible fixed assets |
|||
|---|---|---|---|
| Land | and | ||
| buildings | Total | ||
| £ | £ | ||
| Cost | |||
| At 1 September2024 | 30,752 | 30,752 | |
| At 31 August 2025 | 30,752 | 30,752 | |
| Depreciation | |||
| At 1 September 2024 | 30,750 | 30,750 | |
| At 31 August 2025 | 30,750 | 30,750 | |
| Net book value | |||
| At 31 August 2025 | 2 | 2 | |
| At 31 August 2024 | 2 | 2 | |
| 9 Debtors |
|||
| 2025 | 2024 | ||
| £ | £ | ||
| Prepayments | 1,207 | 168 | |
| 10 Cash and cash equivalents | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Cash at bank | 105,308 | 101,293 | |
| 11 Creditors: amounts falling due within one year | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Other taxation and social security | 1,482 | 1,046 | |
| Other creditors | 130 | - | |
| Accruals | 2,996 | 2,768 | |
| 4,608 | 3,814 |
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Northern Pre School
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
12 Funds
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----- Start of picture text -----
Balance at 1
September Incoming Resources Balance at 31
2024 resources expended August 2025
£ £ £ £
Unrestricted funds
General 97,649 203,873 (199,613) 101,909
Balance at 1
September Incoming Resources Balance at 31
2023 resources expended August 2024
£ £ £ £
Unrestricted funds
General 40,555 223,552 (166,458) 97,649
13 Analysis of net assets between funds
Unrestricted Total funds at
funds 31 August
General 2025
£ £
Tangible fixed assets 2 2
Unrestricted Total funds at
funds 31 August
General 2024
£ £
Tangible fixed assets 2 2
----- End of picture text -----
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Northern Pre School
Statement of Financial Activities by fund for the Year Ended 31 August 2025
| Total | Total | |
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2025 | 2024 | |
| £ | £ | |
| Income and Endowments from: | ||
| Charitable activities | 203,873 | 223,552 |
| Total income | 203,873 | 223,552 |
| Expenditure on: | ||
| Charitable activities | (199,613) | (166,458) |
| Total expenditure | (199,613) | (166,458) |
| Net income | 4,260 | 57,094 |
| Netmovement in funds | 4,260 | 57,094 |
| Reconciliation of funds | ||
| Total funds brought forward | 97,649 | 40,555 |
| Totalfundscarriedforward | 101,909 | 97,649 |
This page does not form part of[the][statutory][financial][statements.] Page 12
Northern Pre School
Detailed Statement of Financial Activities for the Year Ended 31 August 2025
| Total | Total | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Charitable activities | ||
| Fees receivable | 15,206 | 25,833 |
| Milk refunds | 330 | 392 |
| Grants receivable | 186,951 | 196,072 |
| T shirts | 67 | 25 |
| Fundraising | 1,319 | 1,230 |
| 203,873 | 223,552 | |
| Charitable activities | ||
| Rent | (11,343) | (12,690) |
| Training and equipment | (12,690) | (7,966) |
| Insurance | (1,962) | (1,473) |
| Repairs and maintenance | (5,111) | (4,406) |
| Telephone and wifi | (754) | (686) |
| Children's entertainment | (250) | (561) |
| Website maintenance and computer costs | (388) | (1,604) |
| Printing, postage and stationery | (148) | (146) |
| T shirts | (21) | (282) |
| Consumables | (1,152) | (1,068) |
| Subscriptions and licences | (733) | (533) |
| Equipment hire | (358) | (437) |
| Sundry expenses | (1,096) | (783) |
| Cleaning and waste disposal | (4,370) | (4,221) |
| Accountancy fees | (1,200) | (1,080) |
| Bank charges | (111) | (84) |
| Trip expenses | (427) | (42) |
| Light, heat and water | (6,635) | (5,183) |
| Sports and dance sessions | (1,605) | (1,024) |
| Photo costs | (312) | (432) |
| Wages and salaries | (142,439) | (118,537) |
| StaffNIC (Employers) | (3,421) | (1,659) |
| Staffpensions | (3,087) | (1,561) |
| (199,613) | (166,458) |
This page does not form part of the statutory financial statements. Page 13