Oldfield Park Pre-school
Reg Charty No. 1028044
Report and Accounts
Year Ended 31 August 2025

Report of the Trustees of Oldfield Park Prtsschool
For the year that ended 31st Augusl 2025
The Trnstees present their report alon8 with the consolidated fmancial ststements of the charity for the
year that ended 31st August 2025. The financial statements have been prepared based on the
accounting policies set out the financial statements and wmply with the charity's trust deed. Oldfield
Park Pre-school is a charity registered with the Clwity Commission under registration number
1028044.
OBJECTIVES AND ACTIVITIES
Mission Statement
Our mission is to provide a purposeful and caring I￿￿1￿8 environmen( which can be accessed by the
whole community.
Whowea
We are a pre-school providing care and education for 2-5 year-olds in th¢ Oldfield Park area of Bath.
We have been providing this care and education for over 35 years. first as a playgroup and then as a
pre-school.
Today, Oldfield Park Pre-khool is a Tegistcred charity. which is by a committee of volunteers. It
is registered IM)th with Ofsted and the local authority (BANES) who provide the majority of our
funding via the 'Early Years Entitlement,. We hav¢ a wonderful staff team who plan and provide a
huge rdngc of activilies for the children to enjoy. These typically in¢lude'OutdoorAdventures',
cooking, painting. play dough, singing and playing with our indoor and outdoor toys. In &ddition. they
plan a variety of special events such as sports day. nativity. outings and workshops. In our latest
Ofsted Ins
ion
June 2022
our Pre-school was judged to be 'gwd'.
ACHIEVEMENfs AND PERFORMANCE
Pupil NumbeTS and Fees
At the end of the academic year 2024-2025. we had 41 pupils registered.
Our fees this year were £57.790.08. This includes a voluntary ¢ontribution for consumables and extra
activities, including forest school.
FINANCIAL REVIEW
The financial statements Show net incoming resources for the year on Pre-school activities of
£192.961.42.
The principal source of income is fees which were funda via the 'Farly Years Entitl¢ment', and
privately funded hours. Parents were also asked to pay a voluntary contribution for consumables.
We also carry out fundraising 8¢tivities. which includes raffles and other sponsored events.
Reserves and Financial Health
The committee regularly review the finances, budgets and spend together with a monthly cash flow
analysis as part of the effective stewardship of th¢ Pre-school. Thc committee hav¢ Continued to
invest in our staff and equipment to maintain excellent teaching facilities for our pupils.

The Pre-school maintains a balance of £20.000 in order lo cover operating costs in any unforeseen
circumstances. The balance of £20,000 is desI￿ed to allow the preschool to operate for two tern)s
without extcrnal funding. How¢v¢r. it is unlikely that the amount would be sufficient for th¢ pr¢school
to operate for two tenns. We have begun planning to gradually increase the amount of money in the
reserves. This transfer of mon¢y into our reserve ac¢ount is somewhat mitigated by the ongoing
popularity of our Pre-school and the reduced premises cost.
Pension liabillty
For our staff we offer a defined contribution schwne which is opernted by True Potential.
STRUCTiJRE, GOVERIYANCE AND MANAGEMENT
Trust¢¢s (know as our Committee) Our Committe¢ is reS￿)nSIble for the overall business aspe¢ts of
the Pre-school. including f￿anCe, staffing. and health and safety. This Committee must include a
Chair, Treasurer and Secretary as a minimum. but also has roles for general memkrs. The Committee
is usually made up of parents of children at the Pre-school and is electejj annually at the Pre-school
AGM in O¢tober.
The Committee from October 2024-Cktober 2025 is:
R Sadgrove (Chair)
• .T Coffey (Treasurer)
. E Anderson (Secretary)
• B Corum
G Best
Staff
The day-t&d&y managem¢nt of the Pre-SchTh)l is oveT5een by the Pre-school Manager, C Cummins.
There is a Deputy Manager and an Administrator who support this work in Pre-school. as well as five
other Early Years Practitioners.
The trustees, report was approved by the Board of TDJ5tees.
R Sadgn)ve
Trustee
Dated..
51LIIG

Oldfield Park PreSchool
Receipts and Payments - Summary
For the year ended 31 August 2025
2025
2024
Receipts
Grants
Fees and Lunch Club
Fundraising
Other
Interest
133,074
57.790
676
1,167
255
104,234
51,250
2,573
5.833
295
192.962
164,185
Payments
Wages & Salaries
Training
Rent
Insuran
Trips & Entertainment
Equipment
Office Costs
Flooring and decoration
Telephone
Professional Fees
Other
131.777
531
10,002
982
2,625
4,898
4,466
8.629
534
431
1,870
166,745
120,485
396
9,858
507
1,389
3,151
2.101
4,794
625
851
2,222
146,379
Surplusl(defiGit) for the Year
26,217
17,806

Oldfield Park Pre-school
Statement of assets and liabilities
As at 31 August 2025
2025
2024
Bank Current account
Bank Fundraising account
Bank Ringfence account
65,055
3,332
20,695
39,695
2,647
20,524
Net funds
89,083
62,866
Funds Brought Forward
Surplusl(deficit) for the Year
62,866
26,217
45,060
17,806
89,083
62,866
Chairperson
R Sadgrove
Treasurer
Tco
Dated
..s. /& ILC

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
OLDFIELD PARK PRE-SCHOOL
On a¢¢ounts for the year
ended
31 AUGUST 2025
Charity no
{if any)
1028044
Set out on pages
4-5
I report to the trustees on my examination of the accounts of the above
chaiity (Ihe Trusf) for the year ended 31108 12025.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordan￿ with the requirements of the Charities Act 2011
('the Acf).
Responsibilities and
basis of report
I report in respect of my examination of thè Trust's accounts carried OLrt
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the ap￿ICable DireGtion$ given by the Charity Commission
under section 145{5)(b) of the Act.
Independent I have completed my examination. I confimi that no material matters have
examinerfs ststsment come to my attention in connection with the examination which gives me
cause to believe that in, any material respect".
the accounting records were not kept in accordance with section 130
of the Charities Act.. or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a ttrue and fairf 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.
Signed:
Date:
/z
Name:
Peter Barton FCCA
Relevant professional
qualification(s) or body
(if any):
FCCA
Addrnss:
ART Accountants Ltd
11 Manvers Street
Bath, BA1 1JQ
IER
Oet 2018

Section B
Disclosure
Only complete rfthe examiner needs to highlight material matters of con￿rn
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Give here brief details of
any items that th8
examiner wishes to
disclose.
NONE
IER
Oct 2018