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2025-07-31-accounts

CHARITY NUMBER: 1029726 Hatchell Wood Pre-School

Annual General Meeting N/A

’ - Accountant s Report for the Period 01.08.24 31.07.25

Account balances

The balances on the accounts were as follows:

Opening balance Closing balance (31.07.25) (01.08.24) Current account £77,739.54 £46,242.59 Reserve account £ 0.17 £0.17

Grant funding and fees

Grant funding and fees including training income received in the financial year amounted to £160,500.66. Overall an increase of 28.62% compared to last year.

Fund-raising activities

Fundraising raised a total of £223.12. £208.00 from the sale of school photographs and £15.12 from Easyfundraising.

Staff wages

All members of staff are paid above the National Living Wage age-appropriate, with exception of the Supervisor who is salaried. There was one new members of staff employed during the year and one leaver.

Wages represented the highest single expenditure incurred by the pre-school amounting to £129,075.20. This figure included employee NIC, tax and pension contributions. This was an increase of 11.11% on last year’s wages.

Other issues

The income and expenditure account shows a deficit of £32,513.44 this year, compared to last year’s deficit of £18,815.37. 80.31% of total income received was spent on wages this year, compared to 92.93% the previous year.

There was an increase of 97.04% in rent paid compared to last year. This is because the preschool bought welfare units with a view to using them as the new site for preschool. This incurred £9800.00 in rent.

The combined figure of £18,759.49 comprised of equipment/ books and stationery/ general administration. It also contains £8340.00 for the transport and installation of welfare units and £1665.05 for the removal of the units as planning permission was not obtained.

£4300.00 was spent on removing the ceiling and wall at the old site of the preschool which was requested by the new occupants of the premises.

Label: Restricted. Applied by: Christine Lewis.

This represents 11.67% of total expenditure, compared to 5.66% last year.

The tangible assets listed on the balance sheet are as follows: The purchase of a prefabricated unit in Jul 2024 for the use of additional storage and/or a classroom. Purchase price £17,450 which was scrapped in the year 01/08/2024-31/07/2025 and incurred a cost of £13,087.50 on the Income and Expenditure account. Refurbishment applied to the extra room used by pre-school as an office/staff room, now in the eleventh year.

A new computer purchased in October 2012 and a new touch screen computer purchased in January 2014. Depreciation using the reducing balance method is applied at 25%.

Additional assets in the year 01/08/2024 – 31/07/2025 totalling £8932.72 comprises of the restoration, improvement and modernisation of the new premises for Hatchell Wood Preschool which will up and running in 2026

Label: Restricted. Applied by: Christine Lewis.

Label: Restricted. Applied by: Christine Lewis.

CHARITY NUMBER: 1029726

HATCHELL WOOD PRE-SCHOOL

PLUMPTON PARK ROAD BESSACARR DONCASTER DN4 6SL

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31-Jul-25

PREPARED BY:

MELLOR-WRIGHT ACCOUNTING

5 PEACOCK LANE

CINDERFORD

GLOS

GL14 3ET

Label: Restricted. Applied by: Christine Lewis.

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31-Jul-25

CONTENTS
Income and expenditure account
Balance sheet
Notes to the accounts
Accountant's report
PAGE
1
2
3
4

Label: Restricted. Applied by: Christine Lewis.

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED

31-Jul-25

Fees/grants
Training income
Fundraising activities
Photos
Donation
Wages & PAYE
Accounts/payroll services
Rent
Equipment & books
Stationery & general admin
Training costs
Uniform
Insurance
Subscriptions/professional fees
Sundries
Depreciation/write off
SURPLUS/(DEFICIENCY)
2025 £
158,225.66
2,275.00
15.12
208.00
0.00
160,723.78
193,237.22
-32,513.44
2024
£
129,075.20
1,900.00
19,762.76
506.42
18,253.07
18.00
77.50
1,842.44
4,631.00
1,478.72
15,692.11
£
116,170.16
1,825.00
10,029.76
1,355.96
7,078.51
5,722.55
923.36
331.75
900.17
280.00
1,794.44
4,485.14
£
119,533.92
5,250.00
0.00
129.00
90.00
125,002.92
143,818.29
-18,815.37

Prepared by:

MELLOR-WRIGHT ACCOUNTING 5 PEACOCK LANE CINDERFORD GLOS GL14 3ET

-1-

Label: Restricted. Applied by: Christine Lewis.

HATCHELL WOOD PRE-SCHOOL

BALANCE SHEET AS AT 31-Jul-25

Note
2025
£
£
FIXED ASSETS
Tangible assets
1
6,696.01
CURRENT ASSETS
Wages account
40,562.25
Cash at bank
46,242.59
Reserve account
0.17
Cash in hand
667.31
87,472.32
CURRENT LIABILITIES
Accrued expenses
200.00
200.00
NET CURRENT ASSETS
87,272.32
NET ASSETS
93,968.33
FINANCED BY:
CAPITAL ACCOUNT
2
93,968.33
Prepared by:
MELLOR-WRIGHT ACCOUNTING
5 PEACOCK LANE
CINDERFORD
GLOS
GL14 3ET
2024
£
35,980.15
77,039.54
0.17
206.51
113,226.37
200.00
200.00
£
13,455.40
113,026.37
126,481.77
126,481.77

-2-

Label: Restricted. Applied by: Christine Lewis.

HATCHELL WOOD PRE-SCHOOL

WORKINGS TO THE ACCOUNTS 31-Jul-25

Note
1
Note
2
TANGIBLE ASSETS
COST
As at 31 July 2024
Additions
Disposals
As at 31 July 2025
DEPRECIATION
As at 31 July 2024
Charge for year
On disposals
As at 31 July 2025
NET BOOK VALUE
As at 31 July 2025
As at 31 July 2024
CAPITAL ACCOUNT
Balance b/f
SURPLUS/(DEFICIENCY)
Balance c/f
FIXTURES/
FITTINGS
TOTAL
£
13,455.43
13,455.43
8,932.72
8,932.72
-13,087.50
-13,087.50
9,300.65
9,300.65
2,325.16
2,325.16
2,325.16
2,325.16
6,975.49
6,975.49
9,300.65
9,300.65
126,481.77
-32,513.44
93,968.33

-3-

Label: Restricted. Applied by: Christine Lewis.

HATCHELL WOOD PRE-SCHOOL

Accountants' Report

We have prepared the attached accounts from the books of account and other information given to us, and certify them to be in accordance therewith. We have not carried out a full audit.

SIGNED …………………………

DATE …………………

Proprietor's Approval of Accounts

I approve the attached accounts for the year ended……………. Set out on page 1 to 3 and confirm that I have made available all relevant records and information for their preparation and give my authority for them to be submitted to the Inland Revenue.The Charities Commission and HMRC.

SIGNED …………………………

DATE …………………

MELLOR-WRIGHT ACCOUNTING 5 PEACOCK LANE CINDERFORD GLOS GL14 3ET

-4-

Label: Restricted. Applied by: Christine Lewis.

CHARITY NUMBER: 1029726 Hatchell Wood Pre-School

Annual General Meeting N/A

’ - Accountant s Report for the Period 01.08.24 31.07.25

Account balances

The balances on the accounts were as follows:

Opening balance Closing balance (31.07.25) (01.08.24) Current account £77,739.54 £46,242.59 Reserve account £ 0.17 £0.17

Grant funding and fees

Grant funding and fees including training income received in the financial year amounted to £160,500.66. Overall an increase of 28.62% compared to last year.

Fund-raising activities

Fundraising raised a total of £223.12. £208.00 from the sale of school photographs and £15.12 from Easyfundraising.

Staff wages

All members of staff are paid above the National Living Wage age-appropriate, with exception of the Supervisor who is salaried. There was one new members of staff employed during the year and one leaver.

Wages represented the highest single expenditure incurred by the pre-school amounting to £129,075.20. This figure included employee NIC, tax and pension contributions. This was an increase of 11.11% on last year’s wages.

Other issues

The income and expenditure account shows a deficit of £32,513.44 this year, compared to last year’s deficit of £18,815.37. 80.31% of total income received was spent on wages this year, compared to 92.93% the previous year.

There was an increase of 97.04% in rent paid compared to last year. This is because the preschool bought welfare units with a view to using them as the new site for preschool. This incurred £9800.00 in rent.

The combined figure of £18,759.49 comprised of equipment/ books and stationery/ general administration. It also contains £8340.00 for the transport and installation of welfare units and £1665.05 for the removal of the units as planning permission was not obtained.

£4300.00 was spent on removing the ceiling and wall at the old site of the preschool which was requested by the new occupants of the premises.

Label: Restricted. Applied by: Christine Lewis.

This represents 11.67% of total expenditure, compared to 5.66% last year.

The tangible assets listed on the balance sheet are as follows: The purchase of a prefabricated unit in Jul 2024 for the use of additional storage and/or a classroom. Purchase price £17,450 which was scrapped in the year 01/08/2024-31/07/2025 and incurred a cost of £13,087.50 on the Income and Expenditure account. Refurbishment applied to the extra room used by pre-school as an office/staff room, now in the eleventh year.

A new computer purchased in October 2012 and a new touch screen computer purchased in January 2014. Depreciation using the reducing balance method is applied at 25%.

Additional assets in the year 01/08/2024 – 31/07/2025 totalling £8932.72 comprises of the restoration, improvement and modernisation of the new premises for Hatchell Wood Preschool which will up and running in 2026

Label: Restricted. Applied by: Christine Lewis.

Label: Restricted. Applied by: Christine Lewis.