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2025-08-31-accounts

Trustees’ Annual Report for the period

From 01 September 2024 Period start date To 31 August 2025 Period end date

Charity name: Wanstead Park Preschool (WPPS)

Charity registration number: 1030273

Objectives and Activities

Objectives and Activities
SORP
reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 WPPS aims to:
•
Provide high quality care and education for
children below statutory school age;
•
Work in partnership with parents to help children
learn and develop;
•
Add to the life and well-being of the local
community; and
•
Offer children and their parents a service that
promotes equality and values diversity.
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		 WPPS’s programme supports children to develop the
knowledge, skills and understanding they need to
achieve the goals of the prime and specific areas of
learning of the Early Years Foundation Stage. WPPS
believes children are born ready, able and eager to
learn. They actively reach out to interact with other
people, and in the world around them. Development is
not however an automatic process. It depends on each
unique child having opportunities to interact in
positive relationships and enabling environments.
Prime Areas
1. Personal, Social and Emotional Development
•
Making relationships
•
Self-confidence and self-awareness
•
Managing feelings and behaviour
2. Physical Development
•
Moving and handling
•
Health and self-care
3. Communication and Language
•
Listening and attention
•
Understanding
•
Speaking
Specific areas
1. Literacy
•
Reading
•
Writing
2. Mathematics
•
Numbers
•
Shape, space and measure
3. Understanding the World
•
People and communities
•
The world
•
Technology
4. Expressive Arts and Design
•
Exploring and using media and materials
•
Being imaginative
Characteristics of Effective Learning
1. Playing and exploring – engagement
•
Finding out and exploring
•
Playing with what they know
•
Being willing to ‘have a go’
2. Active learning – motivation
•
Being involved and concentrating
•
Keeping trying
•
Enjoying achieving what they set out to do
3. Creating and thinking critically - thinking
•
Having their own ideas
•
Making links
•
Choosing ways to do things
Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit		 Para 1.18 WPPS is an inclusive setting with a friendly,
approachable and committed staff team who seek to
welcome a diverse range of children and families.
The Trustees have had regard to the Charity
Commission’s guidance on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference n/a Para 1.38 Policy on grant making n/a Para 1.38 Policy on social investment including program related investment

Contribution made by
volunteers		 Para 1.38 WPP is managed by the volunteer trustees who
give their time freely and receive no
remuneration or other benefits.
Trustees carry out fundraising activities, with the
help of preschool staff and parents whose
children attend the setting
Other n/a

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 The preschool is staffed by an experienced and
well-qualified team. We operate with enhanced
ratios of staff to children to focus on individual
child development within the EYFS framework.
Children with developmental needs are
identified and supported at an early stage.
We offer a safe, fun and stimulating
environment in which children can learn through
play. Children have opportunities to grow
emotionally as well as physically, to develop
their communication and language skills, and to
increase their self confidence and self-
awareness.
A summary of our achievements are as follows: -
•
New and old parents continue to be active in
fundraising sessions and events such as the
family discos and fundraisers.
•
Maintained affordable childcare provision for
families in the local community
•
Invested in staff training and development,
helping to improve the quality of care and
education
.

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

Review of the charity’s financial
position at the end of the
period		 Para 1.21 Annual income from childcare decreased to
£139,629 against comparable income of
£155,829 the previous year. Income fell in 23/24
and in 24/25 compared with revenue in 22/23
year due to the twin effects of a lower birth rate
due to Covid and an increase in funded places
which are provided by the government at a
lower rate than our fee paying places. Coupled
with funding rates not increasing to a
sustainable level and costs continuing to
increase disproportionately to income, due to
inflation and the national living wage increase
driving up staff costs, a loss of £35,599
compared to a loss of £27,846 the previous year
is recorded.
The loss of £35,599 is more than reported in our
2023/24 accounts due to an addition error
where the funds spent on Agency staff
(£16,925k was omitted)
The Trustees reassessed our fee structure and
instituted a modest raise however we are now
more reliant than ever on funded rather than
fee paying places which do not bring in the same
level of income.
The overall financial position of the charity was
weak at the end of the financial year. Cash
balances at the yearend were £26,356
The trustees carefullyconsidered our financial
position and whether remaining open was
feasible. An encouraging waitlist, community
support and a desire to continue to provide jobs
in our local area meant the decision to reopen
was made.
Statement explaining the policy
for holding reserves stating why
they are held		 Para 1.22 The trustees aim to hold a minimum of 3
months of operating costs in reserves. Reserves
are held to meet unforeseen expenditure,
losses due to unexpected closures, to cover
sudden reductions in fee income due to
changing childcare requirements and to cover
terminal obligations if the preschool were to
close
permanently.
Amount of reserves held Para 1.22 Reserves were £26,356 at the year end, held in
savings and current accounts
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the charity
continuing as a going concern		 Para 1.23 The charity had a minimal level of reserves
available to support the preschool and had to
make a considered choice to continue operations.
The Government announcement of funded
places for all 2 year olds from April 24 has
impacted our income as we either need to offer
places at a lower income rate or not have children
on role and lose income that way. Along with a
lower birth rate and the local primary school
nursery having spare places WPPS remains
confident but cautious about its future.
We continue to feel the impact of increased
staffing costs and static government funding for
early years settings. We strive to attract and
retain the best early years practitioners and are
mindful of the issues currently faced in
recruitment within the Early years sector.

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 The principal source of funds is from providing
childcare, paid for either by parents or local
authority funded early education schemes.
For the 24/25-year, funding made up 69% of
income, fees 30% and fundraising + other 1%.
The major outgoing was wages and staff costs
with 83% of expenditure being attributable to
this. Rent was 9% of expenditure.
Investment policy and
objectives including any social
investment policy adopted		 Para 1.46 Surplus funds not required for immediate
running costs are placed in interest-bearing
savings accounts.
A description of the principal
risks facing the charity		 Para 1.46 The charity’s main activity is operating
Wanstead Park Preschool. The principal
associated risks are:
• Loss of the current premises at St Gabriels
church hall; there are no suitable alternatives
nearby for permanent occupation.
• If the preschool were to lose its ‘good’ rating
from Ofsted, it would no longer have access to
the free childcare schemes,causinga significant

and sudden loss of revenue. • Large increases in staff costs due to increases in the National Living Wage, not matched by increases in childcare funding and fees. • Inability to recruit adequate qualified staff • Loss of income due to fewer children attending; preschool has a limited catchment area but relies on younger children continually replacing those leaving for school. • A sudden and lengthy closure of preschool, due to damage to premises, health and safety issues, a pandemic, or other factors. Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document
(trust deed,royal charter)		 Para 1.25 Constitution
How is the charity constituted?
(e.g unincorporated
association,CIO)		 Para 1.25 Trust
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 Elected annually by members at AGM in October
or at extraordinary GM as needed after request
for candidates

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 We have trustee job descriptions and a
handbook available to anyone becoming a
trustee.
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

Charityname Wanstead Park Preschool
Other name the charityuses n/a
Registered charitynumber 1030273
Charity’s principal address St Gabriel’s Church Hall
Park Road
London
E12 5HQ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
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10
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19
20		 Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to
appoint trustee(if any)
Nathalie Priem Co-Chair
Hakim Yadi Secretary
Tineke Zonneveld Treasurer
Hannah Wright
Daniel Singer

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 held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Date

Tineke Zonneveld

Treasurer
09/06/2026

Classification: Restricted Document#

Wanstead Park Preschool Wanstead Park Preschool 1030273
Receipts andpayments accounts CC16a
For the period
from		 01.09.24 To 31.08.25

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
41,406.18
96,226.76
1,389.60
606.57
-
-
-
-
139,629		 Restrict
ed
funds
to the
nearest £
-
-
-
-
-
-
-
-
-		 Endow
ment
funds
to the
nearest £
-
-
-
-
-
-
-
-
-		 Total
funds
to the
nearest £
-
-
-
-
-
-
-
-
-		 Last year
to the nearest
£
Fees 41,406.18 - - - 82,052
Funding 96,226.76 - - - 72,814
Fund Raising 1,389.60 - - - 2,173
Other 606.57 - - - - 1,209
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for AR) 139,629 - - - 155,830
Sub total(Gross income for AR) 139,629 - - - 155,830
A2 Asset and investment sales, (see
table).
- - - -
- - - - -
~~Sub total~~ - - - -
Total receipts 139,629 - - - 155,830
A3 Payments
Rent 15,695 - - - 17,904
Salary 144,530 - - - 128,551
Pension 1,706 - - - 2,658
Expenses 11,191 - - - 33,366
Tax - - - - -
Training 928 - - - 411
Insurance 918 - - - 753
Cost of fundraising 260 - - - 34
Garden - - - - -
**Sub total ** 175,227 - - - 183,676

Classification: Restricted Document#

A4 Asset and investment purchases,
(see table)
-
-
175,227
- 35,598
-
-
- 35,598		 -
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
- -
- -
Sub total
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end		 -
183,676
- 35,598 - - - - 27,844
- - - - -
- - - - -
- 35,598 - - - - 27,844

Section B Statement of assets and lia

Categories
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Details
Total cash funds
(agree balances with receipts and
payments account(s))
Details
Details
Main Account
Reserve Account
Other (revolut card)		 Unrestri
cted
funds
to nearest
£
11,474
21,238
60
32,771
OK
Unrestri
cted
funds
to nearest
£
-
-
-
-
-
-
Fund to
which
asset
belongs		 Restrict
ed
funds
to nearest
£
-
-
-
-
OK
Restrict
ed
funds
to nearest
£
-
-
-
-
-
-
Cost
(optional)
-
-
-
-
-		 Endowmen
t funds
to nearest £
-
-
-
-
OK
Endowmen
t funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -

Classification: Restricted Document#

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details

Details

Fund to
which
asset
belongs		 Cost
(optional)
-
-
-
-
-
-
-
-
-		 Current value
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Fund to Amount When due which due (optional) liability (optional) relates - - - - -

Date of Signature Print Name approval Tineke Zonneveld 29.06.2026

Independent examiner's report on the accounts

Section A
Independent Examiner’s Report		 Section A
Independent Examiner’s Report
Report to the trustees
On accounts for the year
ended
Set out on pages		 Charity no
(if any)
(remember to include the page numbers of additional sheets)
Wanstead Park Preschool (WPPS)
31/08/2025
1030273
(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 31/08/2025 . 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 examiner's statement

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

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:
Name:
Relevant professional
qualification(s) or body		 Date:
29/06/2026
Damien Joseph Pantling - Director (Tungsten Wolfram Ltd)
CPFA Qualification (Member 35111-CIP) - Chartered
Finance and Accountancy		 Institute of Public

Oct 2018

1

IER

(if any):

Address: Stanton Court, Princes Avenue, Finchley, London, N3 2DF, United Kingdom

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 any items that the examiner wishes to disclose .

Oct 2018

2

IER