2025-08-31-accounts - Sandcastles Playgroup

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SANDCASTLES PRE-SCHOOL

YEAR ENDED 31 AUGUST 2025

Contents	Page
Committee's report	1
Independent Examiner's report	2
Statement of financial activities	3
Balance sheet	4
Notes and accounting policies	5-6
Detailed income and expenditure account	7

SANDCASTLES PRE-SCHOOL TRUSTEES ANNUAL REPORT YEAR ENDED 31 AUGUST 2025

Reference and administration details

Charity registration number 1029267

Principal address

Sandcastles Pre School Barrington Street Tiverton Devon

Committee

Lisa Slocombe Norma Webber Sharon Broadhead Linda Jenkins (Chair) Karen Embley

Custodian Trustees

Melissa Lockyer Angie Fisher

Structure, governance and management

The governing document of the charity is a constitution modelled on the pre-school constitution produced by the Pre School Learning Alliance.

The original constitution was adopted in March 1992 and was most recently updated in 2008.

The members of the Committee, who are trustees for the purposes of The Charities Acts, are elected every year at the Annual General Meeting.

The leasehold property of the charity is vested in Custodian Trustees who are appointed by the Committee.

Objectives and activities

The aim of the Charity is to enhance the development and education of children primarily under school age by encouraging parents to understand and provide for the needs of their children through community groups. In planning its activities the charity has considered the Charity Commission's guidance on public benefit.

Financial review and reserves policy

The surplus for the year to 31 August 2025 was £17,027 and this has increased the General Reserve to £122,664 at the balance sheet date.

The Charity expects to maintain a general reserve equivalent to at least two months running costs, together with sufficient funds to cover redundancy costs in the event of cessation.

The Restricted Fund, which includes lottery funding, is a fund set up to collect for expenditure on play equipment and other resources.

This report was approved on 19 June 2026

Linda Jenkins (Chair)

SANDCASTLES PRE-SCHOOL YEAR ENDED 31[st] AUGUST 2025

INDEPENDENT EXAMINER’S REPORT TO THE COMMITTEE

This report on the accounts of Sandcastles Pre-School for the year ended 31[st] August 2025, which are set out on pages 3 to 6, is in respect of an examination carried out under section 145 of the Charities Act 2011.

Responsibilities and basis of the report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act)

I report in respect of my examination of the accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act

Independent Examiner’s Statement

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect:

The accounting records were not kept in accordance with section 130 of the 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.

R Mugford Certified Accountant 21 Angel Hill Tiverton Devon EX16 6PE 19 June 2026

SANDCASTLES PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2025

Notes Incoming resources Incoming resources from generated funds: Voluntary income: Fund raising activities Investment income Incoming resources from charitable activities: Fees and vouchers One to One funding Other income Resources expended Charitable activities Staff costs 2 Property costs Office costs Equipment costs Other support costs Governance costs 3 Total resources expended Net surplus for the year before transfers Transfers between funds Net movement in funds Fund balances brought forward Fund balances carried forward	Total 2025 £ £ £ 94 454 548 1,488 1,488 502,077 502,077 3,413 3,413 0 0 507,072 454 507,526 422,260 422,260 21,506 21,506 6,123 6,123 1,729 1,729 35,807 1,903 37,710 487,425 1,903 489,328 2,620 2,620 490,045 1,903 491,948 17,027 -1,449 15,578 0 17,027 -1,449 15,578 105,637 2,127 107,764 122,664 678 123,342 Unrestricted General fund Restricted fund	Total 2024 £ 1,436 1,064 453,685 8,288 0
		464,473
		372,295 20,265 7,106 1,095 29,439
		430,200
		2,040
		432,240
		32,233 0
		32,233 75,531
		107,764

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

SANDCASTLES PRE-SCHOOL BALANCE SHEET 31 AUGUST 2025

Notes Current assets Cash at bank and in hand Wages paid in advance Creditors:Amounts falling due within one year 5 Net current assets Net assets Funds Unrestricted income fund: General fund 6 Restricted income fund: Committee account	£ £ £ £ 124,207 107,042 7,274 5,922 131,481 112,964 8,139 5,200 123,342 107,764 123,342 107,764 122,664 105,637 678 2,127 123,342 107,764 2025 2024	£ £ £ £ 124,207 107,042 7,274 5,922 131,481 112,964 8,139 5,200 123,342 107,764 123,342 107,764 122,664 105,637 678 2,127 123,342 107,764 2025 2024

		107,764
		107,764
		105,637 2,127
		107,764

Approved on behalf of the Committee on 19 June 2026

Linda Jenkins

SANDCASTLES PRE-SCHOOL YEAR ENDED 31 AUGUST 2025 NOTES TO THE ACCOUNTS

1. Accounting Policies

Basis of Accounting

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Sandcastles Pre-School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated.

Income

Income is included in the statement of financial activities when the company is entitled to the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income:

Grants and donations are included when the conditions for receipt are met.
Investment income is included when receivable.

Expenditure

Expenditure is recognised on an accrual basis when a liability is incurred.

Governance costs include those costs associated with meeting the constitutional and statutory obligations of the charity.

2. Staff costs and numbers

Gross salaries and wages Employers' national insurance costs Employers’ pension costs Total	2025 £ 390,561 24,544 7,152 422,260	2024 £ 349,104 16,655 6,536
		372,295

The average number of full time equivalent employees during the year was:

Charitable activities	2025 23	2024 22

SANDCASTLES PRE-SCHOOL YEAR ENDED 31 AUGUST 2025 NOTES TO THE ACCOUNTS

3. Governance

Governance costs of £2,620 (2024: £2,040) represent fees, including VAT, paid to the independent examiner for accountancy services and examination of the accounts.

4. Trustee remuneration and expenses

No trustee received any remuneration or reimbursement of expenses during the year.

5. Creditors

reditors
Accruals		2025 £ 8,139 8,139		2024 £ 5,200
				5,200

6. Movements in funds

Restricted funds Unrestricted fund		At 01/09/2024 £ 2,127 105,637	Incoming resources £ 454 507,072	Outgoing resources £ 1,903 490,045	At 31/08/2025 £ 678 122,664
		107,764	507,526	491,948	123,342

SANDCASTLES PRE-SCHOOL INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 AUGUST 2025

Receipts Fees: Parents Vouchers One to One funding Fund raising Interest Payments Wages Rent, water and waste collection Heat and light Property repairs and maintenance Cleaning Postage stationery and office expenses Telephone Equipment repairs and renewals Children's resources Food and refreshments Insurance and Subscriptions Other expenses Accountancy Surplus/deficit for the year Transfers between funds Funds brought forward Funds carried forward		£ 153,956 348,121 3,413 94 1,488 507,072 422,260 2,905 5,244 8,386 4,971 5,527 596 1,729 16,676 7,837 5,210 6,084 2,620 490,045 17,027 105,637 122,664 General Fund	£ 454 454 1,903 1,903 -1,449 2,127 678 Restricted Funds		£ 153,956 348,121 3,413 548 1,488 507,526 422,260 2,905 5,244 8,386 4,971 5,527 596 1,729 18,579 7,837 5,210 6,084 2,620 491,948 15,578 107,764 123,342 2025		£ 172,789 280,896 8,288 1,436 1,064 2024

							464,473
							372,295 2,869 7,618 5,819 3,959 6,284 822 1,095 14,406 6,904 3,863 4,266 2,040
							432,240
							32,233 75,531
							107,764