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st. Mlchael's Pre-school
Flnanclal Report for the Year Endlng
30th September 2025
These accounts for the yeor ending 30 September 2)25 have been produced fu rxesentation at the
AGM on 151h October 2025.
Recelpts and Paym•nts Accounl
The Receipts and Poyments account shows operoling incom8 of £155.997 and expenditure of £150,308
for the year. giving a surplus figure of £5689. Thi4 fig￿e £5651 takes into accounl deFxeciation on fixed
assets giving a running costs income over expendilvre surplus of £11,340.
balance Sheet
The value of fixed assels of Ihe group are all in the bulldlng, oll olher Ilems having been fiJlty
depreciated. Due to the type of building depreciotion is based on o life expectancy of 40 years,
using Ihe straight Ilne ff￿th0d, therefcre depreciotion is calculat8d as 2.5% of the building at cost ￿th
a zero salvage value.
As ot 30 September 2025 the book balance of r￿nIeS held by the Pre-school are following amounls
Lloyds 8ank Treosurers Currenl Account
Lloyds Deposit Account
Operoling cash income held
Fundraising Accounl held at bonk
Lloyds 32 day notice account
Lloyds 12 month fixed lerm account
Glvlng lotal cash assets
In addilion to Ihis the Pre-schod has debtors of
Glvlng total current assets ol
However, there are cu￿ent liabTilies omounting to
Resulllng In nel worklng assets ol
To thls figure 15 added the net book volue of the building.
fixtures and fillings and equipment lolaling
Gfvlng Net Assets ol
5,945
20.822
31
2,292
58,973
20,000
108,063
4,104
112,167
1,063
180.838
291.942
The Pre-school holds high inleresl occcMJnls:_
0 32 day notice account into whEh £3J,CXQ was originalty invested and which accrues interest
on a monthly bosis. Since opening the account a further £25.COJ has been moved into Ihe 32
day notice account. With interest accrued the balance now stands al £58973. During the
finoncK]l year the interest rale. which ts variable. hos aulomaticalty decreased and monthly
inlerest Fxjymenls have fluctualed between £122 and £96 per month. Inleresl is calculated on a
daily basis.
Brought forward from the ryevious ffnancKJI was £20.(￿ invested in a term account, maturing
in June 2025 realising inleresl of £314 wh￿h wos outomoticolly transferred into the Deposit
account. The capital amount of £20.(MX) was reinvesled in a fixed lerm account. accounl al
an interest rate of 2.34%, maturing on 251h June 2026. with a prqecled relum of £468.
11 is within Ihese occounls thal the buikjing repaws and renewal contingency ond ck)sure
costslredundancy amounts are held.

Accumulated fund
Whilst Ihe pr&school Is in o good financial posttion it shouky be noted Ihal of the occumulaled fund
figure certain amounts are required to be held in the event of closure. These om<xJnts are f
staff redundancy and in fieu of notice poyments
Reimbursement of gront and fees
Building disposal and moking good the land
Building Repairs and Renewol Conlingency
I (increased by £1 O,C(Olannuml
£38,975
£11,734
£21,C
.c(01
As ogreed by previous committees. accurrLJloled fundraising surplus is held in reseNed omtxjnts within
the accumulal8d fund ond odiusled by any in year surplus or deficrt. The balance bf from the previous
fy was £2271, with o surplus within Ihe cu￿ent fy of £995, see attached full breokdown of fiJndroising
income and expenditure in Ihe yeor. leaving a bala￿e held within fvndraising reseNed fund of
£3.266
In addltlon to this Govemment gront funds f¢J EYPP ond ISF are ringfenced fu the chli ctren the amounts
are allocated for and surplus amounts must be ccrried fcmword os folbws
EYPP
ISF
£607
£0
Therefore, the general fund amcxjnt CtJried fcfward remains in a minus fig￿e of £44,47812023-2024 figure
minus £41.7901
Whilst an enforced cthure without being Ob￿ to loke odvonloge of Ins￿Once cover is highly unlikely
and. at the moment, any shorffoll in amounts held could be covered by the Repairs and Renewals
contingency, o planned decrease in the general fund deficil would minimize any fvtvre risk of trustee
Continued

Fund Ralslng - Income and exFendilure in the Ye￿ is reported as follows:.
rplus
event
16
Autumn qulz
Natlvlty USB
Spend
Chrlstmas cards and mugs
spend
Cknrlstmas Raffle
16
211
-277
-267
387
-37
61
350
Natlvlty Stalls
end
Concept Photograph Photo Commlsslon
Fate Incom• Fund Ralslng
end
Tea Ti)wels
end
Summèr Rame
spend
Reductlon In spend to offsot bl donallon Irom 2023-2024
andE ul
ment s
nd
211
-25
145
1027
.160
186
145
-315
-87
-53
.1583
Fundral$ln8 Income o%*r spend
2577

Independent examinerfs report on
the accounts
CHARITY COMMISSION
FOR ENGLAND ANO WALES
Section A
Independent Examiner's Report
Report to th•
trustoesl
members of
St. Michael's Prevschool
On accounts
for the year
ended
Charlty no
(If any)
30th September 2025
1029196
Set out on
pagos
10 It￿l￿de p*pp. prtrtltiofjal 8hppl$t
Respectlve
The charws trust￿ aro responslJle forthe preparatlon ofth• accounts. The charty'8 tru8te88 con8ld8r
re8ponsibilltia that an audrt is not wulrtd for this year undar SaCt￿ 144 ofthtr Chanties Act 2011 nhe Charitios Act)
s of trustees
and that an ItVJep8r￿f examln8lK￿ is needed. trhe ch¥Ws gm88 income exceeded £250,OW and l am
qUalffj￿d to und&rtak• tIK* •xaminalion by t•ing a qualrfleil m•mbtsr of Inamed bodyll. Delets I I Ilnol
and examlner opplio8bb.
11 is my re8pon8ibilty lo..
examine the 9￿nts undw 8e¢tion 145 ofthe CharfJe8 Act.
to follow thg prc¢8dure8 laid down in the general Dirnction8 givw) by tr* Chorfty Conwnlmlon lundar
section 14515)Ibl of the Chariti88 Ad, aThJ
to stale whether particular matt•rs hgv• ¢LTh to my 8tt•nllon.
Ba818 of
Independent
examlnerf$
statement
My examinatiL￿ W88 car￿1 txrt in •¢xordance with general Direci*)n8 gNon by tho Charity Comml$$lon.
An exaffllnatKJn Indudes a re¥￿ off￿ ￿ntkn9 r•xord8 kepi by tl* ¢h8rity and a compari80n ofthe
a¢¢ounts wesented vthh those records. tt dso I￿Ud&S consthralh)n ol any unusual items or di6clo8ureB
kn the accounts, ar*J 8eekJng exwanalioro trust￿• con¢emirvJ any 8uch matters. The procedure8
undertaken do not provide all th• wid8nca th¥1 would bg required in an audit, and consequently no op'nion
3 given as to ￿ether aC￿unts kV••Wrt 8 1n* and vltr* and the rew118 Ilmw to tho8e matters
out In stslement bebyw.
Independent In ¢On￿￿t￿l wilh my examinaliLJn, no matter h88 come to my Attenilon (otr￿r than th8t dl$d084d b•low
examlnar's
1. whKh gives me Tea60nabbe cause to believe that in, any material r88P8Ct, the rewir8m•nts.'
statsm•nt
io keep acczjunting records in accordarts t•hth of the Charitk￿ Act". and
to prepare attounts whkh ￿0rd wlth the accOun￿r￿j reojrds and comply the accc4Jntlno
requirem6￿1$ of the CharitseB
hav• not Lwi (x
2. to whth, In my ¢¥itkn. att￿tim b• in cth to •nat4• 8 yopw Ur￿arstWd1r0 of Ihe
8¢Munts lo be re•d)ed.
' P18as8 d818t& lh8 brnckets not 8th.
Signed:
Date:
/b/7/z6.
Name:
Adrienne Vfyllie
Relevant professlonal
qualificationls) or body Irf any):
FIAB fpf
Addres8:
On Balance Business Services
8 Outram Close, Melksham. SN12 6LB

Section B
Disclosure
Only complete if the examiner needs to highlight material problems.IE.g.
accounting records have not been kept in accordance with $132 of the Charities, Act 2011 and
those accounts do not compty with the rwjuirements of the 2(￿ Regulations settin8 Out the
forrn and content of thartty accounts.. any material expenditure or action which appears not to
be In accordance with the trusts of ihe tharfity,. any failuTeto be provided wlth Informatlon and
explanatlons by any past or present trustee, officer or employee.. and any materlal conslstenty
between the accounts and the trustees, annual report.

Give here brief details of
any Items that the
examlner wishes to
dlsclose.