## **Trustees’ Annual Report for the period**
## **From 1[st] August 2023 to 31[st] July 2024**
## **Charity name: Loxwood Preschool**
## **Charity registration number: 1028253**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objective of the charity is to advance
the education and development of children
aged between 2 and 4 years within the
village of Loxwood and the surrounding
area, by providing a safe, caring, and
stimulating environment where children can
learn through play. The charity aims to
support children’s physical, emotional,
social, and intellectual growth in line with
the Early Years Foundation Stage (EYFS)
framework. In addition, the preschool
promotes the involvement of parents and
carers in their children’s early learning and
fosters strong connections with the wider
community.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Loxwood Preschool’s main activities during
the year were focused on delivering high-
quality early years education and care. The
preschool provided a safe, stimulating, and
inclusive environment for children aged 2 to
5, supporting their learning through a play-
based curriculum aligned with the Early
Years Foundation Stage (EYFS)
framework. Services included structured
sessions, forest school sessions, SEN
support, and school readiness activities. In
addition to core provision, the preschool
organised events such as a summer sports
day and fair and Christmas nativity and
fundraiser, which contributed to both
community engagement and small-scale
fundraising.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees actively maintain the running
of the Pre-School and ensure that it meets
all policies set out within the governing
constitution as well as maintaining close
relationships between the parents and the
Pre-School staff.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||
SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|We remain grateful to the efforts of our staff
and parents in generating fundraising
income, where possible.|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During the year, Loxwood Preschool has
continued to provide a nurturing and
inclusive early years setting that supports
the developmental needs of children aged
2 to 5.
Through a dedicated team of qualified staff
and a play-based curriculum aligned with
the EYFS framework, the preschool has
helped children build confidence,
communication skills, and school
readiness.
Many children have made measurable
progress in areas such as speech and
language, social interaction, and emotional
regulation.
The preschool has also strengthened its
partnership with parents, offering support
and guidance to families, particularly those
facing financial or social challenges.
Beyond individual outcomes, Loxwood
Preschool contributes to the wider
community by supporting working families,
promoting early intervention, and laying
strong foundations for lifelong learning and
wellbeing.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The preschool ended the 2023-2024
financial year with a surplus of £3,591,
marking the first time in two years that we
have achieved a positive balance.
The financial statements report a net
income of £81,710 for the year ending July
2024, an increase of 21.9% from 2023
(£67,035).|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held to protect the charity
against unexpected drops in income or
sudden increases in expenditure, such as
emergency maintenance, staffing costs, or
changes in government funding. The
trustees review the reserves level regularly
to ensure it remains appropriate and
proportionate to the preschool’s needs and
future plans.|
|Amount of reserves held|Para 1.22|The preschool maintains a reserve of
£10,000 in a 30-day notice account to
cover unexpected closures and mandated
redundancy packages.
We also hold £14,000 in an instant access
savings account to cover sudden increases
in expenditure, emergency maintenance
and to support with cash flow during the
Autumn term where income is often lower
than at other point.|
|Reasons for holding zero
reserves|Para 1.22|**n/a**|
|Details of fund materially in
deficit|Para 1.24|**n/a**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|At the time of this report, the trustees are
confident that Loxwood Preschool can
continue operating for the foreseeable
future. However, like many small charitable
settings, the preschool faces ongoing
financial pressures due to rising operational
costs, potential changes to government
funding for early years education, and
fluctuations in enrolment numbers.
The trustees regularly review the financial
position, maintain close oversight of income
and expenditure, and continue to explore
additional fundraising opportunities to
support long-term sustainability.
While there are no immediate concerns, the
trustees remain vigilant and proactive in
managing any risks that could impact the
charity’s ability to continue its operations.|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|---|
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
Council funding, incl
hours free entitlemen
the preschool’s inco
delivery of early year
families. Private fees
to covering the full c
particularly for childr
funded hours.
In addition, the presc
community fundraisi
seasonal events and
which help to fund re
and improvements to
environment.|uding the 15 and 30
t, forms the core of
me and supports the
s education to eligible
contribute significantly
ost of operation,
en attending beyond
hool benefits from
ng activities, such as
parent-led initiatives,
sources, equipment,
the learning|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|||
|A description of the principal
risks facing the charity|Para 1.46|||
|Other||||
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|---|
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
Council funding, incl
hours free entitlemen
the preschool’s inco
delivery of early year
families. Private fees
to covering the full c
particularly for childr
funded hours.
In addition, the presc
community fundraisi
seasonal events and
which help to fund re
and improvements to
environment.|uding the 15 and 30
t, forms the core of
me and supports the
s education to eligible
contribute significantly
ost of operation,
en attending beyond
hool benefits from
ng activities, such as
parent-led initiatives,
sources, equipment,
the learning|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|||
|A description of the principal
risks facing the charity|Para 1.46|||
|Other||||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Early Years Alliance Model Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|In accordance with the preschool’s
constitution, which follows the Early Years
Alliance model, a committee of trustees
who are elected annually by the members
of the charity at the Annual General
Meeting (AGM). The committee must
consist of at least three but not more than
twelve members, the majority of whom
must be parents of children currently
attending the setting. All trustees serve in a
voluntary capacity.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Loxwood Preschool|
|---|---|
|Other name the charity uses||
|Registered charity number|1028253|
|Charity’s principal address|Badgers Way
Loxwood
West Sussex
RH14 0TJ|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
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17
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||KimberleyPeschier|Chair|Appointed 30/6/24||
||Grace Barr|Treasurer|Appointed 6/2/24||
||Katherine Giannini-
Nye|Secretary|Appointed 11/2/25||
||Emma Minto||Appointed 23/6/24||
||Philippa Harder||Appointed 19/6/24||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets n/a held in this capacity
Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**n/a**
## **Other optional information**
**n/a**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
K.Peschier **Signature(s)** G.Barr Kimberley Peschier **Full name(s)** Grace Barr **Position (eg Secretary,** Treasurer Chair **Chair, etc) Date** 30/4/2025
## **LOXWOOD PRESCHOOL**
## **INCOME AND EXPENDITURE ACCOUNT**
## **For the Year Ending 31st July 2024**
|**Income**|**2024**|**2023**|
|---|---|---|
|Private Fees|16,416|23,953|
|Council Funding|62,999|40,498|
|Loxfest|0|0|
|Fundraising|1,041|1,535|
|Interest|265|191|
|Christmas Event|989|858|
|Loxwood Parish Grant|0|0|
|**Total**|**81,710**|**67,035**|
|**Expenditure**|**2024**|**2023**|
|Salaries, Recruitment & Payroll Costs|56,602|60,866|
|Training & Subscription(DBR)|1,377|618|
|Christmas Event Expenses|316|192|
|Telephone|588|471|
|Premises Utilities|1,876|1,199|
|Premises Repairs & Replacements|1,912|1,376|
|Postage & Stationery|802|619|
|Advertising|0|174|
|Insurances|2,764|0|
|Consumables|2,868|2,426|
|Accountancy & Bookkeeping Fees|1,459|1,328|
|Premises (Rent)|2,217|523|
|Bank Fees|74|92|
|Depreciation|3,387|3,726|
|Legal Expenses|1,662|0|
|IT Software and Consumables|215|452|
|**Total**|**78,119**|**74,062**|
|**Income over Expenditure**|**3,591**|**-7,027**|
## **LOXWOOD PRESCHOOL**
## **BALANCE SHEET**
## **For the Year Ending 31st July 2024**
|**LOXWOOD PRESCHOOL**
**BALANCE SHEET**
**For the Year Ending 31st July 2024**|**LOXWOOD PRESCHOOL**
**BALANCE SHEET**
**For the Year Ending 31st July 2024**|
|---|---|
|**Fixed Assets**
**Notes**
Loxfest Equipment and Website
Portacabin and Outside Space
Office Equipment
Technical Equipment
Toys
Shed
Playground and flooring|**2024**
**2023**
329
657
8,506
9,451
379
360
0
0
1,444
1,852
33
50
10,229
11,585|
|**Total**|**20,920**
**23,955**|
|**Current Assets**
Loxwood CIO 8368
Loxwood Savings 9968
Loxwood 6568
Paypal Account
Loxwood Fundraising 2760
Loxwood Preschool 32 Day
Debtor|**2024**
**2023**
47
136
7
7
23,127
21,570
0
1,541
14,320
15,323
10,207
10,121
162
135|
|**Total**|**47,870**
**48,833**|
|**Less Current Liabilities**
Creditors
Accruals
Deferred Income|**2024**
**2023**
0
0
456
444
8,861
16,462|
|**Total**|**9,317**
**16,906**|
|||
|**Net Current Assets**|**59,473**
**55,882**|
|Represented by
Accumulated Funds
Surplus (Deficit) for the year|**2024**
**2023**
55,882
62,909
3,591
-7,027
**59,473**
**55,882**|
|||
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees**
Charity Name Loxwood Pre-School
**On accounts for the year** 31 July 2024 **Charity no** 1028253 **ended (if any) Set out on pages** 1 - 2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/07/2024** .
**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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 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.
* _Please delete the words in the brackets if they do not apply._
|**Signed:**||**Date:**|**Date:**14/05/2025
~~oo~~|**Date:**14/05/2025
~~oo~~|
|---|---|---|---|---|
|**Name:**|Jane Briggs||||
1
**May 2025**
**IER**
**Relevant professional qualification(s) or body (if any):**
FCPA
**Address:** Unit 3, The Dairy, Tilehouse Farm Offices, East Shalford Lane, Shalford Guildford, Surrey, GU4 8AE
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of** None to disclose **any items that the examiner wishes to disclose** .
2
**May 2025**
**IER**