## WALKERN PRESCHOOL 

CHAIR’S REPORT – FINANCIAL YEAR 2023 

   1. Overview of the Preschool 

- Walkern Preschool (WPS) operates as a charity. 

- Despite operating within the grounds of Walkern Primary School we are entirely separate from them. 

- ● WPS Committee acts as the Board of Trustees for the charity. ● We elect our committee once a year at our AGM which is usually held between mid October and the beginning of November. 

- The Committee uses the Preschool’s Business Plan as a tool to plan fundraising and develop the work of the committee, as well as supporting financial management of Preschool. This was first created in Sept 2013 and is an evolving document and its remit develops/expands each year. 

- The Preschool generates its income through fees and government grants 

- In addition, we raise funds through our own events, by participating in local events such as the Walkern fair and by signing up to fundraising schemes where we receive a commission or percentage of sales 

- ● The committee meets formally once every half term. Each half term, after the committee meeting, we issue a newsletter for parents/carers, informing them of important dates, inviting them to events, telling them how much previous events raised etc. 

- The committee also has a dedicated Preschool website and we have developed social media platforms to increase visibility and to support fundraising and new applications. 

- ● As a committee we have also introduced minimum hour contracts, sick pay and annual appraisals as well as benchmarking for pay. 

- Staff are now paid on a pro rata basis and receive a monthly payment for work completed within the setting. This is consistently monitored with feedback provided at the half termly committee meetings 

- ● Tapestry has been fully rolled out in the preschool and parents have regular communication via this platform. 

## 2. Finance 

- Three years ago, we undertook a review and reform of the financial management of the preschool, moving from hard-to-track cash payments to online payments for Preschool fees, a new financial system through QuickBooks, monitoring via a new accountancy firm, tighter checks on the management of the online bank account including a mandate for two signatories for any payments made and transferred payroll administration to the Preschool Learning Alliance. 

- ● Over the past five years, we have tightened our financial controls even further by moving all invoicing and tracking to an electronic system and have additional help each year end with reconciling the books through the same accountancy firm. 

- We have also created two new restricted accounts. The first is held specifically for children with special needs, to support their learning and anything they may need. The second is a reserves account which is for building and maintenance, staff liability, flexing in year attendance and unforeseen contingency. 

- ● Staff wages were increased in the year 2023 in line with the increase to the minimum wage. This is reflected in the financial figures below: 

Total Income 

164359 



Total Expenditure 168496 Net 4137 

## 3. Committee 

- Hayley Piper has been in role as the chairperson for a whole year 

- Historically the Preschool Committee has always taken on responsibility of fundraising alongside a smaller focus on the operational side of the Charity. 

- Four years ago it became apparent that the committee needed to be more actively involved in the operational management of the charity. This was due to increased requirements from Ofsted and the Charity Commission, the growing size of the Preschool and issues with regards to the financial management of the Preschool. 

- Our current committee member total stands at 8 members including the chair person. There has been a small increase to the committee from last year to reflect the growth happening in the preschool 

- In 2023 the focus of the committee was supporting the growth of the setting and to actively promote and help with fundraising events. This was to ensure that fundraising returned to a pre pandemic level 

- We managed to raise £3498, which is a considerable increase from last year. The committee is committed to working on plans to increase this next year 

- The committee now have members who come from a range of backgrounds - the chairperson is a secondary school teacher, staff that work in business domains and a primary school teacher. These members have been able to bring with them additional experience and share ideas in committee meetings 

- We have created additional roles within the committee to take advantage of this experience. The primary school teacher has the title of consultant to the pre school and was able to help us to secure a speech and language therapist through her contacts. We have created a designated fundraising team who work on projects and ideas for how we can raise money. We have also been able to apply for a grant for funds, as a committee members company offer this for charities 

## 4. Staff 

- We currently have eight permanent members of staff 

- The communication between staff members, managers and the committee is regular. This has been through the use of a committee whats app group and half termly face to face meetings. Staff also arrange 2 observations with members of the committee to quality assure what is happening within the setting 

- Our staff are the Preschool, they are hugely appreciated and regularly go beyond their job descriptions. Feedback provided by the parents of children at the preschool always positively comment on the nurturing nature of the setting and how wonderful staff are with the children in their care. We have evidence of this through a yearly survey that is sent out to parents where feedback is gathered and reviewed by the staff and the committee 

## 5. Children on role 

- By the end of this period, we had 52 children on roll – 25 in the morning group and 27 in the afternoons. 

- We are currently able to offer places to all Walkern children who apply, and continue to take a number of children from outside of the village. In 2023 we did have a waiting list for children to come and join our setting and we were able to manage that throughout the year 

- We continue to pride ourselves on splitting children by age and running separate morning and afternoon sessions for them. This allows us to tailor our activities to their level of development and particularly helps us to prepare our older (morning) children for their transition into Primary School. 

## 6. Ofsted 

- Our last Ofsted inspection was March 2019. 

- We were happy with our ‘good’ rating and the glowing report, but we are still striving forward to achieve Outstanding. 

- From the report we considered how the setting could best focus on the areas we need to improve. The 



setting has put in place more small group work to help support the students who require it most and an increase in staff training has meant that the experience and expertise of the staff continues to develop and grow. 

- The setting is ready for any upcoming Ofsted inspection and are aware that they are due. 

## 7. Toddler Group 

- Our weekly Toddler Group has always been well attended, with its focus on ensuring parents sign up for a place at Preschool as soon as possible. This allows for seamless transition from birth – toddlers – preschool – primary school 

- Some work was needed around promotion of the toddler group. In 2023 a whats app group was set up to be able to communicate with parents more effectively. It is advertised in the Walkern Journal, a local magazine sent out around the village and there are posters on the primary school gates to bring greater visibility to the group 

- In 2023 the toddler group became well attended once again 

## 8. The Future 

- Our main focus going into 2024 is to help the preschool to continue to thrive as an integral part of the village community. This means ensuring all our costs are covered and we will still be here, providing excellent childcare for years to come. We also want to ensure that the preschool is a happy and safe working environment for staff to try and build the reputation of the preschool as being an competitive and excellent employer within the village. In 2023 we started considering holding events in the community that would involve everyone, not just parents of children in the preschool. We would use the local social club to do this so that it brings more awareness of the preschool outside of the children and the parents who attend the setting 

- We still need to be careful with spending where possible, while still being able to fundraise whenever possible. However, we are always looking at grants and funds that we can access to help our children thrive. In 2023 we created a fundraising team within the community to be dedicated to looking at this 

- We also need to look into the structure of the charity, as finding new parents to join the committee as trustees is becoming tougher and tougher each year 

- Continuing to build a positive relationship with Walkern Primary school. As a main feeder to the primary school we want to continue to build that relationship with staff there so that we can benefit from their expertise and the facilities they have that we could utilise 

Charity number: 1027055 



REcisfERED CHARITY NUMBEIL" 1027055
Report ofthe Trusttts and
UnAudited fu￿￿¢121 Statements for the Year Ended 31st Deeember 2023
for
Walkern Pre School
TaxAs5iA Accountants
Ar￿n House 4-6 Spicer Street
SL Albans
London
AL3 4PQ

Walkern Pre School
Contents of the Financial Statements
for the Year Ended 31st December 2023
Plie
Report orth¢ Trnstte$
I to 3
Indep¢ndent Examiner's Report
Stwlement of Flnanelal Aetlvltles
Bal8nc¢ Sheet
Notes to th¢ Flnan¢lal Statem¢nts
7 to 11
Detalled Stslement of Flninelal A¢tlvlll
12 to 13

Walkern Pre S¢hool
Report of the Trusttts
ror the Year Ended 3 1st December 2023
The tnL8tees present their report with the fIn￿ela1 slatements of the charity for the year ¢nded 31si Decemlxr 2023. The
Irustees have adopted the provisions of Accounting and Rep)rting by Charities: Sthtement of Recommended Prncti¢¢
applicablc lo charities preparirtg their accounls in a￿OrdanCe wilh the Financial Reporting Siandard applicablc in the UK
and Republic of Ireland (FRS 102) (effective l January 2019).
ObJe¢tlves and gctfvltles
Objectfve of tb¢ ehirllabl¢ oryaDlzadon
Walkern Preschool is a charity-run Pre-school serving a small village. We are based within the grounds of the primary
school and oier for Children aged 2 to 5. Wc run Sessions with two age ranges and prepare the childr¢n for enty inio
primary school. All fundraising and wi money is used to run the preschool with any ex￿ fvnding going ¢owards the
Improvemeni of its facilities.
The aims of Ihe Pre-school are to enhance thc dcvclopment and edUc￿lon of¢hildren primarily under siatutory school a8C
by encouraging parents to understhnd and provlde for the needs of their ¢hildr¢n through community gr[￿P3 and by:
(a) offering appmpriate play, education and care facililies. family learning and ex￿nded hours groups, togeiher wlth th¢
right of parents ￿ take responsibilily for and to become involved in the activilie5 of such 8Th￿p4 ensuring lh￿ su¢h groups
oITcr opportunities for all Children wh41ever their race, culture. rcligion, means or abilily;
(b) Encouraging the sludy of thc necds of s￿h thildren and their families and ￿)M￿1n8 publi¢ interes1 in and recogniiion
of such needs in lh¢ local areas;
(c) Insli8ating and adhering to and furthuin8 th¢ aims and objects of the Pre-sthool L¢arnin8 Alliance.
Publlc benefit
The truslees have eonsldered the Chtirity Commi&8ion's guidance on public bencfiL includin8 the guidantt ￿UblIC b¢n¢fit;
running a charity (PB2)'.
Achlevement and performanee
During Ihc financial yeor, the chArity had a inwme of £164J59 (PY £123,539) and exp¢ndi¢ur¢ of £168,496 (PY
£128,420). The unrestricted funds held as at year end were £71,708 (PY £75,845)
FlnaDelal revlew
Golng conccrn
The Trustees consider that il is appropriate to prepwt the financial slatements on a 80ing con¢un bosis.
Structllre• governance gDd management
Governing document
The Pre-sthool is governed by its constitution dated 22 M•y 2015.
Recrultment and appolntmen¢ of truste
The members of the Management Committee are also Tntstecs of the Charity. They are elected each year at ihe pre-schools
annual general meetin& a minimum of 60% of the members muu be family of children attending any of the pr¢-schools
groups.
Reference and admlntstratfve detalls
Reglstered Charlty number
1027055
Page 1

Walkern Pre School
Report of the Trustees
for the Year Ended 3 1st Deeember 2023
Prlnelpal address
117 High Street
Walkern
Stevena8e Hertfordshire
Uniied Kingdom
SG27NS
Trusl¢e$
H L Piper Chair
J Cr05by Trustee (appointed 2110r23)
A Rough Trustec (appoinied 2110t23)
W McHugh Trustee (appointed 2110r23)
V SAunders Tru51ee (appoinied 2110123)
L McNaughion TNstee (appointed 2110123)
T Mansfield Trustee (appoinled 2110r23}
S Pilgrim Trustee
L A McKeown Trustee
C Louise West (resigned 2110123)
A Robert Macey Trustee (resigned YIOn3)
L Anne Prior (re8i8ned 2110123)
C Adamson Trustec (resigned 2111Y23)
IDdependent Examlner
T&xAssisi Accounthnts
Arquen House 4.6 Spicer Street
Si. Alban3
London
AL3 4PQ
stst¢m¢nt of trustees, responslbllltles
The In￿teeS are responsible for preparing the Report of the Tru5tccs and thc financial statements in accordance wlth
opplicable law and United Kingdom Accoun¢ing St8ndards (United Kingdom Generally Accepted Accounting Prnclice).
The law applicable to charitie5 in England Ènd Wales, the Charltles Aci 2011, Charity (Accounis and Reports) Regulations
2008 and ihe provisions of the Irust deed r¢quires the Irusiees lo prepaTe financial slatements for each financial year which
give a true and fair view of the state of affairs of Ihe charity and of the incoming r¢sourc¢s and application of resource4
including the income and expendilure, of the chority for that period. In preparing th0￿ financial gtatements, the In￿tee¥ are
rquired to
select suitable accounting pollcies and then apply them consistently:
ob￿r¥e the methods and principles in the Charity SORP.
make judgement$ and estimales that are reasonable and prudeni.
prepare the financial statements on the going concern basis unless it Is Inappropriate io presume ihat ihe charity wlll
continuc in busines5.
The trustees are responsibl¢ for keepin8 proper accountlng records which dls¢lose with reasonable accuracy at any tlme the
financial position of the charity and to ¢nablc them to ensure tha¢ Ihc finan¢ial slaternents comply wlth th¢ Chariiies Act
2011, the Charity (Accounts and Reports) Regulations 2008 and ihe provisions of the Irust deed. They are also responsible
for Safeguarding Ihe assets of the ¢harity and hence for iaking reasonable step5 for the prevention and delection of frnud and
other irregularities.
Page 2

Walkern Pre School
Report of the Trustees
for the Year Ended 31st December 21n3
Approved by order ofthe board of In￿ on_-...........-.. ..
- and signed on its behalf by:
Truslee
Page 3

Independent Examiner's Report to the Trnstees of
Walkern Pre Sehool
IndepeDdent examlAer's report to th¢ trustetj of W*lkerD Pre SehoDI
I report to the charity tn￿teeS on my examination of thc accounts of Walkern Pre School (the Trusl) for the year ended
3 1st December 2023.
R¢8pon$ibilities and bASiS of report
As the Charity trustees of the Trust you are rwiblc for the preparation of the accounts in aecordance with the
requirements ofihe Charities Act 2011 ('the Act).
I report in rcspcct of my examination of the Trust's accounts ￿led 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(5Xb) of the ACL
Independent examlDer's stalement
I have compleied my examination. I confirni that no maierial matters have come ￿ my at*n¢ion In Connection with the
cxarnination giving me cause to believe that in any malerial res￿¢.
ae¢ounting records noi kept in respecl of ihe Tntst as required by Section 130 of the Ac¢; or
the accounts do not accord wilh those records: or
Ihe 8ccounts do not Comply with the applicable requirements ¢onccrnin8 thc forn] and content of 8¢counts set oui in
the Charities (A¢eounts and Reports) Regulalions 2008 other ihan any requirement thai ihe accounts 8ive a true and
fair view which is noi a matlcr considered as part of an independeni examin￿10n.
I have no concerns and have come across no other malters in conneclion with the examination io which attention should be
drawn in this report in ordcr to enable a prop¢r understanding of the &C￿lln￿ to be reached.
TaxAssis¢ Ac¢ounwits
Ary￿n House 44 Spiccr Street
St. Albans
London
AL3 4PQ
3.I- 10-44
Dale: ....
Page 4

Walk¢rn Pre School
Statement of Fin¥nei21 Aetivities
for the Year Ended 31st Dffember 2023
31112113
Unrestricted
funds
3111212Z
Totsl
funds
Notes
locome And endowrnents from
Donations and lega¢ies
135,768
98,787
Charitsble aetfvltles
Charitable Aclivities
27,139
22.235
Other trading activities
Investmeni income
Other income
1.136
316
1,387
49
Totsl
164J59
123.539
Exptndltllre o
Raising funds
167,445
127,869
Other
1.051
551
Totsl
128,420
NET INCOMFJ(EXPENDITURE)
(4137)
(4,881)
Retonciliation of funds
Totsl funds brought forward
75345
80.726
Tot81 funds tarrl¢d forward
71.708
75,845
The notes fomi part of these financial state￿￿nts
Page 5

Walkern Pre &h{￿l
Balance Sheet
3 1st Dec¢mb¢r 2023
31112n3
Total
Funds
31112122
Total
funds
Notts
Current assets
Debtors
Cash at b￿k and in hand
844
73,603
85A12
74,447
Cr¢dlton
Amounls falling due within one year
(13W)
1,398
Net ¢llrr¢nl ￿9¢ts
Total ￿lets leu eurr¢nt Ilabllltles
71,708
75,845
NET ASSETS
Funds
Unrestricled funds
Totsl thDdJ
The financial siatemcnts were approved by the Board of Tnjstees •nd authoris¢d for issu¢ ¢)n ....... . ............................. ..
and were signed on ils behalf by:
Trustee
The notes form part of Ihese financial statements
Page 6

Walkern Pre School
Notes to the Financial Statements
for the Year Ended 31st December 2023
Aeeollntlng poll¢les
Basls of preparfng the Ilnanelal statements
The financial staiements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charitia SORP (FRS 102) 'Accountin8 and Reporting by Charilies: Statement of
Recommended Practice applicable to ¢harities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of ITel•nd (FRS 102) (effcctivc l January 2019)., Financial Reporting
Standard 102 The Financial Reportin8 Swnd•rd applicable in the UK atKI Republic of Ireland artd the Chariiics Act
2011. The financial slatements have been prcpared under the hislorical cost convenlion.
The Charity has tsken advantsgc ofthe provisions in the SORP for chariiies applyin8 FRS 102 updale bulletin I not
to prepare a statement of cash flows.
Thc financial slalements are prepared in Merlifft& which As a fimthional rurvenq ofthe ¢harity. Mon¢lary amounts in
Ihese financial statements are rounded to the nearest GBP.
The pri￿1paI a￿oUntIng policies adopted ￿e set out below.
Goln8 ¢on¢¢rn
At the time of approving the financial Statemen￿ the Trustees have • r¢asonable expectation thai the charity has
Adequate resources lo continue in opcrational exis*nce for thc foresttablc fu¢urc. Thus ihe TNslee wntinue ¢0
adopt the 8oin8 concern basis of accounting in preparing the finan¢ial stthments.
Ineomlng resources
Income is rcco8nised when the ch8riiy is le8ally entiiled ts) li after any perforniance rA*nditlons hav¢ b¢¢n me¢, the
amounts can be measuffd reliably, ond it is probable that inc4)me will be rKeived.
Cash donations are recognised on receipL Cmher donations are recognised once the charity has bccn notified of the
donation unless performance conditions require deferral of the amounL Income tax recoverable in relation to
donations received under Gift Aid is recogniscd at the lime of the donalio
RU0ure￿ ¢xp¢nded
Resources expended are reco8nised in the period lo which they relale once there is a legal or constructive obl1￿110n
to make a payment to a third party, it is probablc thAI a settlemcnl will bc rcquircd and the amounl of Ihe obllgalion
¢an be measured reliably.
Direct charithble expendiiure comprises all the exp￿dilure relaiing to the aaivities Carried ou¢ io 8¢hi¢ve th¢
haritsbl¢ Obj￿(1Ve&
Support ¢osts represent ￿$ts that cannot be directly attributed to chritsble activilies but are necessarily Incurr￿ in
running thc thariiy.
Governance Costs in¢lud¢ amounts pay•bl¢ ￿ the independ¢n¢ Examin¢r and other costs incufftd in relation to
statuiory and constltll¢ional reqU1￿m¢n
All expendi￿re is inclusive of iTre¢overnble VAT.
Fin#ne121 instrnments
Thc charity has clccted to apply the provisions of Section I I 'Basic Financial instrumenls. and S¢¢tion 12 '0ther
Fingncial instruments issues, of FRS 102 to all of its financial instruments.
Taxatlon
The charity is exempt from lax on its charitable activitie&
Page 7
conlinued...

Fund aeeountlDg
Unrestricted fund5 can be used in accordanL% With the chaTitsbk objectives at the discretion of the truste
Penslon costs and other post-r¢drement benefits
The charity operntes a defined ￿ntributIon penslon schem& Contributions payable to the ¢harity's pension scheme
are charged to the Statement ofFinancial Activities in the period to which they rela*.
Page 7
continued...

Walkern Pre School
Notes to the FinaDeial Ststements - contlnued
for the Year Ended 31st Dettmber 2023
Crltleal aeeountlDg Judgements
The truskes are satisfied that there are no matcrial e#imat¢s orjudgements in th¢ fin￿Cial sts*ments.
Other tradlng #etivllks
31112123
31112n2
Sale of Unifornis
Toddlers Club
587
549
794
593
1.136
IDveslmenl Income
31112n3
31112n2
Bank Interest Receivable
316
49
Ralslng lundi
RAlslng donadons and legacles
31112123
31112122
Support costs
167 445
Trus¢e¢s' r¢mun¢rallon and b¢neflts
There were no trustees. remunerali¢)n or other benefits for the year ended 3 IM De¢ember 2023 nor for the year
ended 31 st December 2022.
Trusttts, expenses
There were no tnjstees, expenses poid for the year ended 31stDecember2023 nor for the year ende45
31 si December 2022.
Debtors: amounts falllng due wlthkn one y￿r
31112n3
31112122
Trade debtors
844
Page 8
continued...

Walkern Pre School
Notes to the Financial Ststements - continued
for the Year Ended 31st December 2023
Cr¢di¢ors: #mounts falllAg due wlthln one year
31112r23
31112n2
Taxation and social security
Other creditors
2.087
13.804
1,398
Movement in funds
Net
Movement
In funds
At
31112f23
At 111123
Unrestrleted fiwds
Genernl fund
75,845
{4,137)
71,708
TOTAL FUNDS
Net movement in funds, included in the above art as follow5:
Incomlng
Resour¢es
Resour¢es
expended
Movemont
ID fund$
Unrestrlcted funds
Genernl fund
164JyJ
(168A96)
(4,13T)
TOTAL FUNDS
164 359
Comparatlve5 for movement In funds
Net
Movement
In fund5
At
31112122
At iiin2
Unrestrtcted funds
General fund
80.726
(4,881)
75,845
TOTAL FUNDS
80.726
4.881
75.845
Page 9
continued...

Walkern Pre School
Notes to the Flnancial Statements - continued
for the Year Ended 31st December 2023
Movement In funds- continued
Comparative ne¢ movement in funds, included in the above are follow5:
Ineomlng
Resour¢es
Re50urce$
expended
Movemenl
Unrestrlcted funds
General fund
123,539
(128,420>
(4,881)
TOTAL FUNDS
123 539
128 420)
A current year 12 months prior year12 months LX)rnbined position is L8 follows:
Net
Movem¢nt
In fvnds
At 111122
31112n3
Unrestrleted fvndj
General fund
80,726
(9,018)
71,708
TOTAL FUNDS
80,726
A Gurrent year 12 months and prior year 12 months combined net movement in funds, in¢luded in the above are as
follows:
Ineomlng
Re50ur¢¢$
Re$ourets
expended
Movement
In funds
Unrestrlcted fundi
General fund
287,898
(296,916)
(9.018)
TOTAL FUNDS
287 898
296 916)
9.018)
Page 10
continued...

WalkerD Pre Scbooj
Notes to the FinaDcio1 Ststements - continued
for the Year Ended 31st December 2023
io.
Related party dtsclogures
There were fio related pAty tranwtions for the year ended 31￿ D￿ember 2023 (31 st Decemb￿ 2022)
Anglyits of net ass¢ts betwetn fundj
Net eurrent
•Ssetsl(Ilabllides)
Net Assets
Unrestrfded funds
Genernl
71,708.00
71.708.(K)
Prevlous year
Net current
setsl(UAbllltl•s)
N¢t Issets
Unrestrleted funds
Genernl
75,844.IXI
75,844.00
Page 11

Walkern Pre School
Detailed Statement of Financial Aedvltl
for the Year Ended 31st December 2023
31112123
31112r12
In¢om¢ and endowm¢nts
DonAtlons Ydnd legydcles
Fundraising
Donations
GrAnts
Compensation income
3A98
215
112,055
4,241
24
94,522
135,768
98,787
Other trnding aetfvltl¢s
Sale of Uniforms
Toddlers Club
$87
549
794
593
1,136
1,387
Inv¢5tment ineom¢
Bank Interest Receivable
316
49
Charltable activitles
Fee Income
Lunch & Snacks
Income from charitable act.
25,980
18,926
2,099
210
27,139
21235
Oth¢r Ineome
Other income
Total ineomlng resourees
164,359
123,539
Expendlture
Other
Accountancy fees
Professional Fees
960
91
1,051
Support costs
Management
Wages
Carried forward
J36y9
136549
110.349
110.349
Thls page does not form part of the statutory financial statements
Page 12

Walkern Pre School
Detalled Statem¢nt of Financial Activities
for the Year Ended 3 Ist December 2023
31111Q3
31112J22
Management
Brought forward
Social 5ecurily
Pensions
Rcnt & Rates
Insurance
Telephone
Posta8e and ststionery
Repairs & Renewal$
Subscriptions
Compu¢er & in*rnet coAs
Cleaning
Equipment expense
136¥9
3,726
2J18
9J36
lJ39
I l O.J49
867
1,352
1,595
,033
36
481
139
242
170
530
312
154035
118.653
Hllman r¢sour¢e$
Staff trnining & welfar¢
890
Other
Payroll costs
Uniforn]
Food
Leaming ffSoUr￿9
Fundraising expenses
499
2,430
5579
535
1,328
,763
2,975
9,043
8,326
Other 3
Sundries
3.932
Covtruanee costs
Legal Fees
35
551
Tothl resources expended
128,420
Net ¢xpendlture
This page does not fomi part of the statutory financial statements
Page 13

REcisfERED CHARITY NUMBEIL" 1027055
Report ofthe Trusttts and
UnAudited fu￿￿¢121 Statements for the Year Ended 31st Deeember 2023
for
Walkern Pre School
TaxAs5iA Accountants
Ar￿n House 4-6 Spicer Street
SL Albans
London
AL3 4PQ

Walkern Pre School
Contents of the Financial Statements
for the Year Ended 31st December 2023
Plie
Report orth¢ Trnstte$
I to 3
Indep¢ndent Examiner's Report
Stwlement of Flnanelal Aetlvltles
Bal8nc¢ Sheet
Notes to th¢ Flnan¢lal Statem¢nts
7 to 11
Detalled Stslement of Flninelal A¢tlvlll
12 to 13

Walkern Pre S¢hool
Report of the Trusttts
ror the Year Ended 3 1st December 2023
The tnL8tees present their report with the fIn￿ela1 slatements of the charity for the year ¢nded 31si Decemlxr 2023. The
Irustees have adopted the provisions of Accounting and Rep)rting by Charities: Sthtement of Recommended Prncti¢¢
applicablc lo charities preparirtg their accounls in a￿OrdanCe wilh the Financial Reporting Siandard applicablc in the UK
and Republic of Ireland (FRS 102) (effective l January 2019).
ObJe¢tlves and gctfvltles
Objectfve of tb¢ ehirllabl¢ oryaDlzadon
Walkern Preschool is a charity-run Pre-school serving a small village. We are based within the grounds of the primary
school and oier for Children aged 2 to 5. Wc run Sessions with two age ranges and prepare the childr¢n for enty inio
primary school. All fundraising and wi money is used to run the preschool with any ex￿ fvnding going ¢owards the
Improvemeni of its facilities.
The aims of Ihe Pre-school are to enhance thc dcvclopment and edUc￿lon of¢hildren primarily under siatutory school a8C
by encouraging parents to understhnd and provlde for the needs of their ¢hildr¢n through community gr[￿P3 and by:
(a) offering appmpriate play, education and care facililies. family learning and ex￿nded hours groups, togeiher wlth th¢
right of parents ￿ take responsibilily for and to become involved in the activilie5 of such 8Th￿p4 ensuring lh￿ su¢h groups
oITcr opportunities for all Children wh41ever their race, culture. rcligion, means or abilily;
(b) Encouraging the sludy of thc necds of s￿h thildren and their families and ￿)M￿1n8 publi¢ interes1 in and recogniiion
of such needs in lh¢ local areas;
(c) Insli8ating and adhering to and furthuin8 th¢ aims and objects of the Pre-sthool L¢arnin8 Alliance.
Publlc benefit
The truslees have eonsldered the Chtirity Commi&8ion's guidance on public bencfiL includin8 the guidantt ￿UblIC b¢n¢fit;
running a charity (PB2)'.
Achlevement and performanee
During Ihc financial yeor, the chArity had a inwme of £164J59 (PY £123,539) and exp¢ndi¢ur¢ of £168,496 (PY
£128,420). The unrestricted funds held as at year end were £71,708 (PY £75,845)
FlnaDelal revlew
Golng conccrn
The Trustees consider that il is appropriate to prepwt the financial slatements on a 80ing con¢un bosis.
Structllre• governance gDd management
Governing document
The Pre-sthool is governed by its constitution dated 22 M•y 2015.
Recrultment and appolntmen¢ of truste
The members of the Management Committee are also Tntstecs of the Charity. They are elected each year at ihe pre-schools
annual general meetin& a minimum of 60% of the members muu be family of children attending any of the pr¢-schools
groups.
Reference and admlntstratfve detalls
Reglstered Charlty number
1027055
Page 1

Walkern Pre School
Report of the Trustees
for the Year Ended 3 1st Deeember 2023
Prlnelpal address
117 High Street
Walkern
Stevena8e Hertfordshire
Uniied Kingdom
SG27NS
Trusl¢e$
H L Piper Chair
J Cr05by Trustee (appointed 2110r23)
A Rough Trustec (appoinied 2110t23)
W McHugh Trustee (appointed 2110r23)
V SAunders Tru51ee (appoinied 2110123)
L McNaughion TNstee (appointed 2110123)
T Mansfield Trustee (appoinled 2110r23}
S Pilgrim Trustee
L A McKeown Trustee
C Louise West (resigned 2110123)
A Robert Macey Trustee (resigned YIOn3)
L Anne Prior (re8i8ned 2110123)
C Adamson Trustec (resigned 2111Y23)
IDdependent Examlner
T&xAssisi Accounthnts
Arquen House 4.6 Spicer Street
Si. Alban3
London
AL3 4PQ
stst¢m¢nt of trustees, responslbllltles
The In￿teeS are responsible for preparing the Report of the Tru5tccs and thc financial statements in accordance wlth
opplicable law and United Kingdom Accoun¢ing St8ndards (United Kingdom Generally Accepted Accounting Prnclice).
The law applicable to charitie5 in England Ènd Wales, the Charltles Aci 2011, Charity (Accounis and Reports) Regulations
2008 and ihe provisions of the Irust deed r¢quires the Irusiees lo prepaTe financial slatements for each financial year which
give a true and fair view of the state of affairs of Ihe charity and of the incoming r¢sourc¢s and application of resource4
including the income and expendilure, of the chority for that period. In preparing th0￿ financial gtatements, the In￿tee¥ are
rquired to
select suitable accounting pollcies and then apply them consistently:
ob￿r¥e the methods and principles in the Charity SORP.
make judgement$ and estimales that are reasonable and prudeni.
prepare the financial statements on the going concern basis unless it Is Inappropriate io presume ihat ihe charity wlll
continuc in busines5.
The trustees are responsibl¢ for keepin8 proper accountlng records which dls¢lose with reasonable accuracy at any tlme the
financial position of the charity and to ¢nablc them to ensure tha¢ Ihc finan¢ial slaternents comply wlth th¢ Chariiies Act
2011, the Charity (Accounts and Reports) Regulations 2008 and ihe provisions of the Irust deed. They are also responsible
for Safeguarding Ihe assets of the ¢harity and hence for iaking reasonable step5 for the prevention and delection of frnud and
other irregularities.
Page 2

Walkern Pre School
Report of the Trustees
for the Year Ended 31st December 21n3
Approved by order ofthe board of In￿ on_-...........-.. ..
- and signed on its behalf by:
Truslee
Page 3

Independent Examiner's Report to the Trnstees of
Walkern Pre Sehool
IndepeDdent examlAer's report to th¢ trustetj of W*lkerD Pre SehoDI
I report to the charity tn￿teeS on my examination of thc accounts of Walkern Pre School (the Trusl) for the year ended
3 1st December 2023.
R¢8pon$ibilities and bASiS of report
As the Charity trustees of the Trust you are rwiblc for the preparation of the accounts in aecordance with the
requirements ofihe Charities Act 2011 ('the Act).
I report in rcspcct of my examination of the Trust's accounts ￿led 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(5Xb) of the ACL
Independent examlDer's stalement
I have compleied my examination. I confirni that no maierial matters have come ￿ my at*n¢ion In Connection with the
cxarnination giving me cause to believe that in any malerial res￿¢.
ae¢ounting records noi kept in respecl of ihe Tntst as required by Section 130 of the Ac¢; or
the accounts do not accord wilh those records: or
Ihe 8ccounts do not Comply with the applicable requirements ¢onccrnin8 thc forn] and content of 8¢counts set oui in
the Charities (A¢eounts and Reports) Regulalions 2008 other ihan any requirement thai ihe accounts 8ive a true and
fair view which is noi a matlcr considered as part of an independeni examin￿10n.
I have no concerns and have come across no other malters in conneclion with the examination io which attention should be
drawn in this report in ordcr to enable a prop¢r understanding of the &C￿lln￿ to be reached.
TaxAssis¢ Ac¢ounwits
Ary￿n House 44 Spiccr Street
St. Albans
London
AL3 4PQ
3.I- 10-44
Dale: ....
Page 4

Walk¢rn Pre School
Statement of Fin¥nei21 Aetivities
for the Year Ended 31st Dffember 2023
31112113
Unrestricted
funds
3111212Z
Totsl
funds
Notes
locome And endowrnents from
Donations and lega¢ies
135,768
98,787
Charitsble aetfvltles
Charitable Aclivities
27,139
22.235
Other trading activities
Investmeni income
Other income
1.136
316
1,387
49
Totsl
164J59
123.539
Exptndltllre o
Raising funds
167,445
127,869
Other
1.051
551
Totsl
128,420
NET INCOMFJ(EXPENDITURE)
(4137)
(4,881)
Retonciliation of funds
Totsl funds brought forward
75345
80.726
Tot81 funds tarrl¢d forward
71.708
75,845
The notes fomi part of these financial state￿￿nts
Page 5

Walkern Pre &h{￿l
Balance Sheet
3 1st Dec¢mb¢r 2023
31112n3
Total
Funds
31112122
Total
funds
Notts
Current assets
Debtors
Cash at b￿k and in hand
844
73,603
85A12
74,447
Cr¢dlton
Amounls falling due within one year
(13W)
1,398
Net ¢llrr¢nl ￿9¢ts
Total ￿lets leu eurr¢nt Ilabllltles
71,708
75,845
NET ASSETS
Funds
Unrestricled funds
Totsl thDdJ
The financial siatemcnts were approved by the Board of Tnjstees •nd authoris¢d for issu¢ ¢)n ....... . ............................. ..
and were signed on ils behalf by:
Trustee
The notes form part of Ihese financial statements
Page 6

Walkern Pre School
Notes to the Financial Statements
for the Year Ended 31st December 2023
Aeeollntlng poll¢les
Basls of preparfng the Ilnanelal statements
The financial staiements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charitia SORP (FRS 102) 'Accountin8 and Reporting by Charilies: Statement of
Recommended Practice applicable to ¢harities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of ITel•nd (FRS 102) (effcctivc l January 2019)., Financial Reporting
Standard 102 The Financial Reportin8 Swnd•rd applicable in the UK atKI Republic of Ireland artd the Chariiics Act
2011. The financial slatements have been prcpared under the hislorical cost convenlion.
The Charity has tsken advantsgc ofthe provisions in the SORP for chariiies applyin8 FRS 102 updale bulletin I not
to prepare a statement of cash flows.
Thc financial slalements are prepared in Merlifft& which As a fimthional rurvenq ofthe ¢harity. Mon¢lary amounts in
Ihese financial statements are rounded to the nearest GBP.
The pri￿1paI a￿oUntIng policies adopted ￿e set out below.
Goln8 ¢on¢¢rn
At the time of approving the financial Statemen￿ the Trustees have • r¢asonable expectation thai the charity has
Adequate resources lo continue in opcrational exis*nce for thc foresttablc fu¢urc. Thus ihe TNslee wntinue ¢0
adopt the 8oin8 concern basis of accounting in preparing the finan¢ial stthments.
Ineomlng resources
Income is rcco8nised when the ch8riiy is le8ally entiiled ts) li after any perforniance rA*nditlons hav¢ b¢¢n me¢, the
amounts can be measuffd reliably, ond it is probable that inc4)me will be rKeived.
Cash donations are recognised on receipL Cmher donations are recognised once the charity has bccn notified of the
donation unless performance conditions require deferral of the amounL Income tax recoverable in relation to
donations received under Gift Aid is recogniscd at the lime of the donalio
RU0ure￿ ¢xp¢nded
Resources expended are reco8nised in the period lo which they relale once there is a legal or constructive obl1￿110n
to make a payment to a third party, it is probablc thAI a settlemcnl will bc rcquircd and the amounl of Ihe obllgalion
¢an be measured reliably.
Direct charithble expendiiure comprises all the exp￿dilure relaiing to the aaivities Carried ou¢ io 8¢hi¢ve th¢
haritsbl¢ Obj￿(1Ve&
Support ¢osts represent ￿$ts that cannot be directly attributed to chritsble activilies but are necessarily Incurr￿ in
running thc thariiy.
Governance Costs in¢lud¢ amounts pay•bl¢ ￿ the independ¢n¢ Examin¢r and other costs incufftd in relation to
statuiory and constltll¢ional reqU1￿m¢n
All expendi￿re is inclusive of iTre¢overnble VAT.
Fin#ne121 instrnments
Thc charity has clccted to apply the provisions of Section I I 'Basic Financial instrumenls. and S¢¢tion 12 '0ther
Fingncial instruments issues, of FRS 102 to all of its financial instruments.
Taxatlon
The charity is exempt from lax on its charitable activitie&
Page 7
conlinued...

Fund aeeountlDg
Unrestricted fund5 can be used in accordanL% With the chaTitsbk objectives at the discretion of the truste
Penslon costs and other post-r¢drement benefits
The charity operntes a defined ￿ntributIon penslon schem& Contributions payable to the ¢harity's pension scheme
are charged to the Statement ofFinancial Activities in the period to which they rela*.
Page 7
continued...

Walkern Pre School
Notes to the FinaDeial Ststements - contlnued
for the Year Ended 31st Dettmber 2023
Crltleal aeeountlDg Judgements
The truskes are satisfied that there are no matcrial e#imat¢s orjudgements in th¢ fin￿Cial sts*ments.
Other tradlng #etivllks
31112123
31112n2
Sale of Unifornis
Toddlers Club
587
549
794
593
1.136
IDveslmenl Income
31112n3
31112n2
Bank Interest Receivable
316
49
Ralslng lundi
RAlslng donadons and legacles
31112123
31112122
Support costs
167 445
Trus¢e¢s' r¢mun¢rallon and b¢neflts
There were no trustees. remunerali¢)n or other benefits for the year ended 3 IM De¢ember 2023 nor for the year
ended 31 st December 2022.
Trusttts, expenses
There were no tnjstees, expenses poid for the year ended 31stDecember2023 nor for the year ende45
31 si December 2022.
Debtors: amounts falllng due wlthkn one y￿r
31112n3
31112122
Trade debtors
844
Page 8
continued...

Walkern Pre School
Notes to the Financial Ststements - continued
for the Year Ended 31st December 2023
Cr¢di¢ors: #mounts falllAg due wlthln one year
31112r23
31112n2
Taxation and social security
Other creditors
2.087
13.804
1,398
Movement in funds
Net
Movement
In funds
At
31112f23
At 111123
Unrestrleted fiwds
Genernl fund
75,845
{4,137)
71,708
TOTAL FUNDS
Net movement in funds, included in the above art as follow5:
Incomlng
Resour¢es
Resour¢es
expended
Movemont
ID fund$
Unrestrlcted funds
Genernl fund
164JyJ
(168A96)
(4,13T)
TOTAL FUNDS
164 359
Comparatlve5 for movement In funds
Net
Movement
In fund5
At
31112122
At iiin2
Unrestrtcted funds
General fund
80.726
(4,881)
75,845
TOTAL FUNDS
80.726
4.881
75.845
Page 9
continued...

Walkern Pre School
Notes to the Flnancial Statements - continued
for the Year Ended 31st December 2023
Movement In funds- continued
Comparative ne¢ movement in funds, included in the above are follow5:
Ineomlng
Resour¢es
Re50urce$
expended
Movemenl
Unrestrlcted funds
General fund
123,539
(128,420>
(4,881)
TOTAL FUNDS
123 539
128 420)
A current year 12 months prior year12 months LX)rnbined position is L8 follows:
Net
Movem¢nt
In fvnds
At 111122
31112n3
Unrestrleted fvndj
General fund
80,726
(9,018)
71,708
TOTAL FUNDS
80,726
A Gurrent year 12 months and prior year 12 months combined net movement in funds, in¢luded in the above are as
follows:
Ineomlng
Re50ur¢¢$
Re$ourets
expended
Movement
In funds
Unrestrlcted fundi
General fund
287,898
(296,916)
(9.018)
TOTAL FUNDS
287 898
296 916)
9.018)
Page 10
continued...

WalkerD Pre Scbooj
Notes to the FinaDcio1 Ststements - continued
for the Year Ended 31st December 2023
io.
Related party dtsclogures
There were fio related pAty tranwtions for the year ended 31￿ D￿ember 2023 (31 st Decemb￿ 2022)
Anglyits of net ass¢ts betwetn fundj
Net eurrent
•Ssetsl(Ilabllides)
Net Assets
Unrestrfded funds
Genernl
71,708.00
71.708.(K)
Prevlous year
Net current
setsl(UAbllltl•s)
N¢t Issets
Unrestrleted funds
Genernl
75,844.IXI
75,844.00
Page 11

Walkern Pre School
Detailed Statement of Financial Aedvltl
for the Year Ended 31st December 2023
31112123
31112r12
In¢om¢ and endowm¢nts
DonAtlons Ydnd legydcles
Fundraising
Donations
GrAnts
Compensation income
3A98
215
112,055
4,241
24
94,522
135,768
98,787
Other trnding aetfvltl¢s
Sale of Uniforms
Toddlers Club
$87
549
794
593
1,136
1,387
Inv¢5tment ineom¢
Bank Interest Receivable
316
49
Charltable activitles
Fee Income
Lunch & Snacks
Income from charitable act.
25,980
18,926
2,099
210
27,139
21235
Oth¢r Ineome
Other income
Total ineomlng resourees
164,359
123,539
Expendlture
Other
Accountancy fees
Professional Fees
960
91
1,051
Support costs
Management
Wages
Carried forward
J36y9
136549
110.349
110.349
Thls page does not form part of the statutory financial statements
Page 12

Walkern Pre School
Detalled Statem¢nt of Financial Activities
for the Year Ended 3 Ist December 2023
31111Q3
31112J22
Management
Brought forward
Social 5ecurily
Pensions
Rcnt & Rates
Insurance
Telephone
Posta8e and ststionery
Repairs & Renewal$
Subscriptions
Compu¢er & in*rnet coAs
Cleaning
Equipment expense
136¥9
3,726
2J18
9J36
lJ39
I l O.J49
867
1,352
1,595
,033
36
481
139
242
170
530
312
154035
118.653
Hllman r¢sour¢e$
Staff trnining & welfar¢
890
Other
Payroll costs
Uniforn]
Food
Leaming ffSoUr￿9
Fundraising expenses
499
2,430
5579
535
1,328
,763
2,975
9,043
8,326
Other 3
Sundries
3.932
Covtruanee costs
Legal Fees
35
551
Tothl resources expended
128,420
Net ¢xpendlture
This page does not fomi part of the statutory financial statements
Page 13