l=; Letter of Representation From: Trustees of Manor Farm Pre-school To: Stephen Winterborne FCCA Date: Manor Fam Pre-school [Charity Address] Charity Number: 1026943 Dear Mr Winterborne. Letter of Representation - Year Ended 31 August 2024 In connection with your examination of the financial statements of Manor Fam] Pre-school for the year ended 31 August 2024, for the purpose of expressing an independent examiner's report under section 145 of the Charities Act 2011, we Conf￿ to the best of our knowledge and belief, the following representations made to you in connection with the examination: l. We acknowledge our responsibilities as trustees for ensuring: that the charity maintains proper accounting records, that the financial statements give a true and fair view and comply with applicable law, and that the charity has kept all relevant inforn]ation, explanations and access to records as required for your examination. 2. We confimi that all accounting records have been made available to you for the purpose of your examination and all transactions undertaken by the charity have been properly reflected and recorded in the accounting records. 3. We have made available to you all minutes of the meetings of trustees and subcon]mittees held during the year. and up to the date of appToval of the financial statements. 4. We confimi that we have disclosed to you: all known instances of non-compliance or suspected non-compliance with laws or regulations, all known or suspected fraud affecting the charity involving management, employees, or third parties, all transactions or agreements with trustees or other related parties that require disclosure in the financial statements. 5. We confirni that the financial statements have been prepared on a going concern b&sis, but note that the trustees have disclosed a material uncertainty relating to a potential transition of the charity's operations to Manor Farni Infant School. This uncertainty is disclosed appropriately in the financial statements and Trustees. Report. 6. We confirm that no events have occurred since the balance sheet date which would require disclosure or adjustment in the fmancial statements other than those already disclosed. 7. We confirnl that all fundraising income, grnnts, donations, and other receipts have been properly recorded and disclosed. 8. We confirni that no trustee or person connected with a trustee has received any remuneration or benefit from the charity in the year, other than those disclosed in the accounts. Please let us know if you require any further inforn]ation. Yours sincerely, Signed on behalf of the Board of Trustees: Name: Position: Chair of Tru Signature: Date: Charity Registration No. 1026943 MANOR FARM PRE-SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 MANOR FARM PRE-SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trustses Amy Ashton Catherine Bowles Grace Haymes Martin Woodbridge Charlotte Matthams Samantha Philpin Sian Barnes Charity number 1026943 Independent examiner Mr S Imnterborne Bankers Barclays Bank 16 High St, High Wycombe HP112BG MANOR FARM PRE-SCHOOL CONTENTS Page Twstees, report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present the followFng report and financial statements for the year ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out in the note to the financial statements and comply with the charity's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019)" Objectlves and alms As trustees, our role is to oversee and govern the pre-school and be involved in and support its current and future position. Our aim is to provide stability and support for the pre-school so that it can function without extra financial stresses and be supported as and when needed. This involves regular meetings where we discuss fundraising opportunities and the current outlook of the pre-school. Furthermore, we use the results of these meetings to then aid any further actions that arise. Achievements and perforniance Manor Farm Pre-school continues to flourish in its achievements and performance. The pre-school receives positive reports from parents of children at the school and are still recognised as an 'outstanding' childcare provider by Ofsted. It is clearto see that the staff and managementwork hard to keep the standards and quality that were recognised by Ofsted as they themselves, trustees, parents and pupils are delighted and proud to be a part of the Manor Farm Pre-school community. The pre-school continues to have a great reputation in the local area for their outstsnding practice which is reflected by the pre-school being at full capacity and has a waiting list of more children wanting to attend. As well as their outstanding quality of provision, MFPS also provide brilliant support for children with specific needs and provide distinctive opportunities, such as forest school and planting in their garden. Principal Funding source The charity receives no government funding except Gift Aid. It therefore is dependent on voluntary donations by parents and members of the local community through various fundraising projects. Because of this, the income varies significantly from period to period. It is used to assist in both operational requirements and to facilitate the needs of capital expenditure. Investment Pollcy There is no restriction upon the charity's investment policy and the strategy is determined by the Trustees. The present strategy continues to be distribution of available funds into a deposit account. MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Rlsk Assessment The Trustees have assessed the risks that the pre-school may face but are content that the pre-school is still in an adequate financial position. As a nation, we have been faced with increases in prices for general living and the pre-school are not an exception to this which has affected the expenditure. We are still faced with a period of unpredictability in terms of finances but the pre-school are doing what they can in the way of making cuts and incorporating more fundraising opportunib'es to try and counteract the effects of the cost of living. Our financial situation is better than last, and it is encouraging to see that the pre-school is on a positive trajectory to being in a good financial state. With finding ways to cut costs and plans for mre fundraising, we are hopeful that we will see a more positive outlook moving forwards. Future Plans and Going Concern The trustees are currently reviewing the fvturf operations of the charity. During the year, discussions have taken place regarding the potential transfer of the charity's activities and responsibilities to Manor Farm Infant School, which occupies the adjoining premises. At the date of approval of this report, no formal agreement has been made, but the trustees recognise that such a transition may have significant implications for the charity's future govemance, operations, and structure. The trustees will continue to assess the charity's financial and operational position in light of this potential change and will ensure that any decisions taken are in the best interests of the beneficiaries and consistent with the charity's obsectives. Flnanclal review The final net surplus figure for the year 2023-2024 a surplus of £23,730 showing a significant difference from the previous year where there was a deficit of £10,866. There was a considerable increase in the cost of the premises (from £14,205 to £23,963) and due to less people on the payroll a decrease in staff wages (from £150,298 to 146,609). There was an increase to the education grant received since the previous year (from £132,588 to £156,982). In other areas, such as costs of training, seminars and grants there has been a slight increase from the previous year {from £874 to £1,449) and admin costs (from £3,369 to 4,072), whereas consumables decreased (from £2,148 to £2,122). There was also a considerable increase in the interest of our early bird offer this year (from £12,445 to 23,591). On the other hand donations went down (from £1,870 to £1,359). The factors where our surplus have increased are those in which we can mostly control (such as fundraising). The factors where our surplus have decreased are those over which we have less control. The committee is pleased with the overall improvement of the financial position of the pre-school since the previous year 2022- 23. MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Structure. governance and management The trustees who served during the year and up to the date of signature of the financial statements were.. Amy Ashton Catherine Bowles Grace Haymes Martin Woodbridge {appointed 2610912024) Charlotte Matthams (appointed 26109124) Samantha Philpin (appointed 26109124) Sian Barnes {appointed 26109124) Kirsty Bumage {appointed 26109124) Future Liabilitles The trustees have confinTred that they are not aware of any information or liability in which the accounts are not a true representation where the independent examiner is not aware. We are in a strong position in terms of our popularity in choice of pre-schoollnursery setting (there is already a waiting list for places next year) and the feedback from parents confirms that the pre-school works above and beyond to ensure that the children are comfortable in their care and making progress in their early steps. The trustees, report was approved by the Board of Trustees. Mrs Amy Ashton - Chair of Trustees Dated.. MANOR FARM PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MANOR FARM PRE-SCHOOL I report to the trustees on my examination of the financial statements of Manor Farm Pre-school (the charity} for the year ended 31 August 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiners statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended practi￿ issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order forfinancial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after1 January 2015. I have completed my examination. I confirn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Ad,. or the financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no COn￿mS 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 financial statements to be reached. Stephen Wnterborne FCCA 18 Firs View Road, Hazlemere, HP15 7TD Dated: 19/08/2025 MANOR FARM PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrlcted funds designated 2024 Unrestricted funds designated 2023 Notes Income from: Donations Investments Other income 1,359 1,870 184 165,019 211,087 Total incomlng resources 213,089 167,073 Ex enditure on: Raising funds 1,206 500 Charitable activities 188,153 177,439 Total resources expended 189,359 177,939 Net movement in funds 23,730 (10,866) Fund balances at 1 September 2023 75,606 86,472 Fund balances at 31 August 2024 99,337 75,606 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. MANOR FARM PRE-SCHOOL BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Current assets Cash at bank and in hand 99,337 75,606 99,337 75,606 Net current assets 99,337 75,606 Total assets less current liabllities 99,337 75,606 Income funds Unrestricted funds 99,337 75,606 99,337 75,606 The financial statements were approved by the Trustees on and were signed on its behalf by.. Mrs Amy Ashton - Chair of Trustees MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policles 1.1 Accountlng convention The financial statements have been prepared in accordance with the charity's governing document, the 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 Republic of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has tsken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Income and expenditure has been recognised on a receipts and payments basis. 1.2 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.3 Incoming resources All income is included on a receipt's basis at the point at which they are paid into the cash and bank accounts 1.4 Resources expended Expenditure is accounted for on a payments basis and has been classified under headings that aggregate all cos 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 the resources. 1.5 Going Concern The financial statements have been prepared on a going concem basis. However, the trustees note that there is some uncertainty regarding the future of the charty- Discussions are ongoing regarding the potential transfer of operations to Manor Fami Infant School, which may result in the charity ceasing to operate in its current form. No formal agreement has been reached at the date of signing, but the trustees acknowledge that this represents a material uncertainty which may cast significant doubt on the charity's ability to continue as a going concern. MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Investments Unrestrlcted Unrestricted funds funds 2024 2023 Interest receivable 643 643 184 Other income Unrestrlcted Unrestricted funds funds 2024 2023 Fees Education grant Milk fund Fundraising Early Bird Training and Seminars Other 16,510 156,982 1,023 9,463 23,591 1,855 1,663 12,115 132,588 1,238 5,191 12,445 1.155 287 211,087 165,019 Charitable expens68 Unr6Stricted Unrestricted funds funds 2024 2023 Milk Insurance Wages Training I Seminars l Grants Consumables Equipment Administration Premises Banking Charges Other 1,101 1,259 1,191 150,298 874 2,148 1,994 3,369 14,205 123 1,978 146,609 1,449 2,122 2,602 4,072 23,963 159 6,076 188,153 177,439 MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees Number of employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries 146,809 150,298 There were no employees whose annual remuneration was £60,000 or more. Related party transactlons There were no disdosable related paty transactions during the year (2023 - none). Charity Registration No. 1026943 MANOR FARM PRE-SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 MANOR FARM PRE-SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trustses Amy Ashton Catherine Bowles Grace Haymes Martin Woodbridge Charlotte Matthams Samantha Philpin Sian Barnes Charity number 1026943 Independent examiner Mr S Imnterborne Bankers Barclays Bank 16 High St, High Wycombe HP112BG MANOR FARM PRE-SCHOOL CONTENTS Page Twstees, report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present the followFng report and financial statements for the year ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out in the note to the financial statements and comply with the charity's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019)" Objectlves and alms As trustees, our role is to oversee and govern the pre-school and be involved in and support its current and future position. Our aim is to provide stability and support for the pre-school so that it can function without extra financial stresses and be supported as and when needed. This involves regular meetings where we discuss fundraising opportunities and the current outlook of the pre-school. Furthermore, we use the results of these meetings to then aid any further actions that arise. Achievements and perforniance Manor Farm Pre-school continues to flourish in its achievements and performance. The pre-school receives positive reports from parents of children at the school and are still recognised as an 'outstanding' childcare provider by Ofsted. It is clearto see that the staff and managementwork hard to keep the standards and quality that were recognised by Ofsted as they themselves, trustees, parents and pupils are delighted and proud to be a part of the Manor Farm Pre-school community. The pre-school continues to have a great reputation in the local area for their outstsnding practice which is reflected by the pre-school being at full capacity and has a waiting list of more children wanting to attend. As well as their outstanding quality of provision, MFPS also provide brilliant support for children with specific needs and provide distinctive opportunities, such as forest school and planting in their garden. Principal Funding source The charity receives no government funding except Gift Aid. It therefore is dependent on voluntary donations by parents and members of the local community through various fundraising projects. Because of this, the income varies significantly from period to period. It is used to assist in both operational requirements and to facilitate the needs of capital expenditure. Investment Pollcy There is no restriction upon the charity's investment policy and the strategy is determined by the Trustees. The present strategy continues to be distribution of available funds into a deposit account. MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Rlsk Assessment The Trustees have assessed the risks that the pre-school may face but are content that the pre-school is still in an adequate financial position. As a nation, we have been faced with increases in prices for general living and the pre-school are not an exception to this which has affected the expenditure. We are still faced with a period of unpredictability in terms of finances but the pre-school are doing what they can in the way of making cuts and incorporating more fundraising opportunib'es to try and counteract the effects of the cost of living. Our financial situation is better than last, and it is encouraging to see that the pre-school is on a positive trajectory to being in a good financial state. With finding ways to cut costs and plans for mre fundraising, we are hopeful that we will see a more positive outlook moving forwards. Future Plans and Going Concern The trustees are currently reviewing the fvturf operations of the charity. During the year, discussions have taken place regarding the potential transfer of the charity's activities and responsibilities to Manor Farm Infant School, which occupies the adjoining premises. At the date of approval of this report, no formal agreement has been made, but the trustees recognise that such a transition may have significant implications for the charity's future govemance, operations, and structure. The trustees will continue to assess the charity's financial and operational position in light of this potential change and will ensure that any decisions taken are in the best interests of the beneficiaries and consistent with the charity's obsectives. Flnanclal review The final net surplus figure for the year 2023-2024 a surplus of £23,730 showing a significant difference from the previous year where there was a deficit of £10,866. There was a considerable increase in the cost of the premises (from £14,205 to £23,963) and due to less people on the payroll a decrease in staff wages (from £150,298 to 146,609). There was an increase to the education grant received since the previous year (from £132,588 to £156,982). In other areas, such as costs of training, seminars and grants there has been a slight increase from the previous year {from £874 to £1,449) and admin costs (from £3,369 to 4,072), whereas consumables decreased (from £2,148 to £2,122). There was also a considerable increase in the interest of our early bird offer this year (from £12,445 to 23,591). On the other hand donations went down (from £1,870 to £1,359). The factors where our surplus have increased are those in which we can mostly control (such as fundraising). The factors where our surplus have decreased are those over which we have less control. The committee is pleased with the overall improvement of the financial position of the pre-school since the previous year 2022- 23. MANOR FARM PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Structure. governance and management The trustees who served during the year and up to the date of signature of the financial statements were.. Amy Ashton Catherine Bowles Grace Haymes Martin Woodbridge {appointed 2610912024) Charlotte Matthams (appointed 26109124) Samantha Philpin (appointed 26109124) Sian Barnes {appointed 26109124) Kirsty Bumage {appointed 26109124) Future Liabilitles The trustees have confinTred that they are not aware of any information or liability in which the accounts are not a true representation where the independent examiner is not aware. We are in a strong position in terms of our popularity in choice of pre-schoollnursery setting (there is already a waiting list for places next year) and the feedback from parents confirms that the pre-school works above and beyond to ensure that the children are comfortable in their care and making progress in their early steps. The trustees, report was approved by the Board of Trustees. Mrs Amy Ashton - Chair of Trustees Dated.. MANOR FARM PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MANOR FARM PRE-SCHOOL I report to the trustees on my examination of the financial statements of Manor Farm Pre-school (the charity} for the year ended 31 August 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiners statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended practi￿ issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order forfinancial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after1 January 2015. I have completed my examination. I confirn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Ad,. or the financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no COn￿mS 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 financial statements to be reached. Stephen Wnterborne FCCA 18 Firs View Road, Hazlemere, HP15 7TD Dated: MANOR FARM PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrlcted funds designated 2024 Unrestricted funds designated 2023 Notes Income from: Donations Investments Other income 1,359 1,870 184 165,019 211,087 Total incomlng resources 213,089 167,073 Ex enditure on: Raising funds 1,206 500 Charitable activities 188,153 177,439 Total resources expended 189,359 177,939 Net movement in funds 23,730 (10,866) Fund balances at 1 September 2023 75,606 86,472 Fund balances at 31 August 2024 99,337 75,606 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. MANOR FARM PRE-SCHOOL BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Current assets Cash at bank and in hand 99,337 75,606 99,337 75,606 Net current assets 99,337 75,606 Total assets less current liabllities 99,337 75,606 Income funds Unrestricted funds 99,337 75,606 99,337 75,606 The financial statements were approved by the Trustees on and were signed on its behalf by.. Mrs Amy Ashton - Chair of Trustees MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policles 1.1 Accountlng convention The financial statements have been prepared in accordance with the charity's governing document, the 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 Republic of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has tsken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Income and expenditure has been recognised on a receipts and payments basis. 1.2 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.3 Incoming resources All income is included on a receipt's basis at the point at which they are paid into the cash and bank accounts 1.4 Resources expended Expenditure is accounted for on a payments basis and has been classified under headings that aggregate all cos 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 the resources. 1.5 Going Concern The financial statements have been prepared on a going concem basis. However, the trustees note that there is some uncertainty regarding the future of the charty- Discussions are ongoing regarding the potential transfer of operations to Manor Fami Infant School, which may result in the charity ceasing to operate in its current form. No formal agreement has been reached at the date of signing, but the trustees acknowledge that this represents a material uncertainty which may cast significant doubt on the charity's ability to continue as a going concern. MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Investments Unrestrlcted Unrestricted funds funds 2024 2023 Interest receivable 643 643 184 Other income Unrestrlcted Unrestricted funds funds 2024 2023 Fees Education grant Milk fund Fundraising Early Bird Training and Seminars Other 16,510 156,982 1,023 9,463 23,591 1,855 1,663 12,115 132,588 1,238 5,191 12,445 1.155 287 211,087 165,019 Charitable expens68 Unr6Stricted Unrestricted funds funds 2024 2023 Milk Insurance Wages Training I Seminars l Grants Consumables Equipment Administration Premises Banking Charges Other 1,101 1,259 1,191 150,298 874 2,148 1,994 3,369 14,205 123 1,978 146,609 1,449 2,122 2,602 4,072 23,963 159 6,076 188,153 177,439 MANOR FARM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees Number of employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries 146,809 150,298 There were no employees whose annual remuneration was £60,000 or more. Related party transactlons There were no disdosable related paty transactions during the year (2023 - none).