Stone Cross Independent Pre-School Annual General Meeting 9:15am 30[th] June 2026
Stone Cross Memorial Hall.
Current Committee:
Gaye Nethercot (Chair), Kelly McQuillan (Treasurer), Amie Reddin (Secretary), Tristan Lindsay, Jodie Saunders and Tamara Lindsay.
Open Meeting:
Welcome everyone to the Stone Cross Independent Pre-School Annual General Meeting. As you know we are a voluntary committee run pre-school and follow the pre-school learning alliance constitution.
To clarify, the details of this AGM will cover the school year 1[st] September 2024 through to 31[st] August 2025.
Minutes:
Can we please agree that the minutes for the AGM held on Friday 27[th] June 2025 and that they are an accurate record and representation?
Please would somebody propose and second that the minutes are an accurate record of last year’s AGM.
The 2025 AGM minutes were proposed as being a true representation of the meeting by Sharon Gavigan and seconded by Tamara Lindsay.
Matters Arising:
None
Chair Report:
Staff Changes
Nursery Unit – Jackie Kitts resigned and left 21[st] March 2025. Dawn Thomas-Kneale was promoted to Deputy Supervisor 21[st] April 2025. Sian Edwards joined as Pre-School Assistant 6[th] May 2025.
Memorial Hall – No Changes.
Bank Team – Jess Kitts left the Bank Team 31[st] March 2025.
Committee Changes
The AGM was held in June 2025 with the election of the Committee.
School Year September 2024 to August 2025
Trips were arranged, Hampden Park, Blackberry Farm and Knockhatch for the Unit, Sharnfold for the Hall and Eastbourne Beach for both settings all of which were well attended. We have continued to fundraise with charity events such as
Cyril Squirrel, Easter Competition, 100 squares and the Christmas shows. We also received donations from the pre-school photographer NX Photos and Parent donations of their holding deposit.
Thank you to all Parents, Staff and Committee for all your continuing support.
Staff Training
As always the staff undertook a huge amount of training during the year, both in and out of the usual working hours. Essential training continued both online and at face-to-face training events. A big thank you to the staff for this continued commitment to the pre-school and children.
-
All staff at both settings are up to date with Safeguarding, Paediatric First Aid and Food Hygiene Training.
-
Sharon Britton, Dawn Thomas-Kneale, Sharon Gavigan and Kerry Noble attended EYFS Network meetings and Inclusion Support groups that were held throughout the year.
-
Hall – Sharon Gavigan renewed her Health & Safety training.
-
Unit Staff have attended the various The Curiosity Approach training sessions.
Treasurer Report:
Our Accounts have been verified and prepared for us by Watson Associates.
Fundraising activities historically have been a major source of income for the pre-school. We attempt to try and carry out at least one fundraising event per half term.
We do thank all of you for your continued support with this and if anyone has any ideas for future fundraising, please do let us know.
During this school year we successfully increased our fundraising activities from the previous year. Figure overall before expenses was £1352.30 in total. Fundraising helps us to replace or to buy brand new much needed resources. For example, we were able to purchase a wood-working bench at the Unit to support the Woodworking in the EYFS project.
Admissions:
The Hall and Unit finished the 2024/25 school year with available sessions filled.
For the Unit, sessions were already filled for the 2025/2026 school year from existing children at the Memorial Hall and new names from the waiting lists.
For the Hall admissions were taken on an individual visit basis throughout the year.
The number of enquiries has continued to come in throughout the year for the next few school years up to and including 2027/2028.
Election of the New Committee:
All current committee members must formally stand down.
The pre-school committee must have a minimum of 5 members and a maximum of 12 members with a further 3 co-opted members if required. Three of the members are officer posts which are Chair, Treasurer and Secretary.
Nominations of members which are now formally elected are:
| Position | Nominee |
|---|---|
| Chair |
Gaye Nethercot |
| Treasurer |
Kelly McQuillan |
| Secretary |
Tamara Lindsay |
| Member |
Tristan Lindsay |
| Member |
Jodie Saunders |
Sharon Britton and Sharon Gavigan, our supervisors at each setting sit on the Committee in an advisory capacity.
Any Other Business:
Does anyone have any other business to bring up?
TL and TL talked about further fundraising ideas.
SB and SG talked about increasing Committee awareness with Parents and how it works.
No-one else had any other business. Meeting Closed at 9.30am
Date of next AGM : TBC - Before end of June 2027
REGISTERED CHARITY NUMBER: 1030338 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 FOR STONE CROSS INDEPENDENT PRE-SCHOOL Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW
STONE CROSS INDEPENDENT PRE-SCHOOL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Page Report of the Trustees Independent Examlnerfs Report Statemant of Financlal Actlvlties Balance Sheet Notes to the Financlal Statements Detalled Statemont of Flnanclal Actlvltles 10
STONE CROSS INDEPENDENT PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Govornlng document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1030338 Prlnclpal address Memorial Hall Dittons Road Pevensey East Sussex BN24 SET Trustees Ms G Nethercot K McQuillan A Beard (resigned 27.6.25) H Edwards (resigned 27.6.25) L Miller (resigned 27.6.25) T Lindsay Mrs T Lindsay (appointed 27.6.25) J Saunders (appointed 27.6.25) Independent Examlner Watsons Associates Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW Approved by order of the board of trustees on .... and signed on its behalf by: Trustee Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STONE CROSS INDEPENDENT PRE.SCHOOL Independent examlnerfs report to the trustees of Stone Cross Independent Pre-school I report to the charity trustees on my examination of the accounts of Stone Cross Independent Pre-school (the Trust) for the year ended 31 August 2025. Responslbllltles and basls of report As the charity trustees of the Trust 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 examinatlon of the Trust's accounts carried out under Section 145 of the Act and In carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examlner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements conceming 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 concems 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. Watsons Associates Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW Page 2
STONE CROSS INDEPENDENT PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 2025 Unrestricted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 231,210 226,090 Other trading actlvéties Investment income 755 771 889 Total 232,736 227,863 EXPENDITURE ON Charltable actlvlties Charitable Activities MISC 2,407 204,603 231,785 Other 20,861 16,930 Total 252,646 223,940 NET INCOMEI(EXPENDITURE) (19,910) 3,923 RECONCILIATION OF FUNDS Total funds brought forward 52,724 48,801 TOTAL FUNDS CARRIED FORWARD 32,814 52,724 The notes form part of these financial statements Page 3
STONE CROSS INDEPENDENT PRE-SCHOOL BALANCE SHEET 31 AUGUST 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSETS Tangible assets 423 412 CURRENT ASSETS Stocks Debtors Cash at bank 1,045 1,081 34,336 1,495 1,758 54,457 36,462 57,710 CREDITORS Amounts falling due within one year 10 (4,071) (5,398) NET CURRENT ASSETS 32,391 52,312 TOTAL ASSETS LESS CURRENT LIABILITIES 32,814 52,724 NET ASSETS 32,814 52,724 FUNDS Unrestricted fvnds 11 32,814 52,724 TOTAL FUNDS 32,814 52,724 The financia statements were approved by the Board of Trustees and authorised for issue on Zo IG12oLL........ and were signed on its behalf by: Trustee The notes form part of these financial ststements Page 4
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES Basis of preparing the flnanclal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 25 % on reducing balance Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon The charity is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financlal ststements. Hlro purchase and leaslng commltments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Penslon costs and other post.retlrement beneflts The charity operates a defined contribution pension scheme. Contributions payable to the charitys pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 continued...
STONE CROSS INDEPENDENT PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 OTHER TRADING ACTIVITIES 2025 2024 Fundraising events 755 INVESTMENT INCOME 2025 2024 Deposit account interest 771 889 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. STAFF COSTS The average monthly number of employees during the year was as follows: 2025 13 2024 14 Total employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 226,090 Other trading activities Investment income 889 Total 227,863 EXPENDITURE ON Charltable actlvltles Charltable Activities MISC 2,407 204,603 Other 16,930 Total 223,g40 NET INCOME 3,923 RECONCILIATION OF FUNDS Total funds brought forward 48,801 Page 6 continued...
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . contlnued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 52,724 TANGIBLE FIXED ASSETS Fixtures and fittings COST At 1 September 2024 Additions 4,508 127 At 31 August 2025 4,635 DEPRECIATION At 1 September 2024 Charge for year 4,096 116 At 31 August 2025 4,212 NET BOOK VALUE At 31 August 2025 423 At 31 August 2024 412 STOCKS 2025 2024 Stocks 1,045 1,495 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments 354 727 977 781 1,081 1,758 Page 7 continued..
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 AUGUST 2025 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Taxation and social security Other creditors 207 981 2,883 1,346 1,675 2,377 4,071 5,398 11. MOVEMENT IN FUNDS Net movement in funds At 31.8.25 At 1.9.24 Unrestrlcted funds General fund 52,724 (19,910) 32,814 TOTAL FUNDS 52,724 (19,910) 32,814 Net movement in funds, included in the above are as follows: Incomlng resources Resources expended Movement In funds Unrestrlcted funds General fund 232,736 (252,646) (19,910) TOTAL FUNDS 232,736 (252,646) (19,910) Comparatlves for movement In funds Net movement in funds At 31.8.24 At 1.9.23 Unrestrlcted funds General fund 48,801 3,923 52,724 TOTAL FUNDS 48,801 3,923 52,724 Comparative net movement in funds, induded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 227,863 (223,940) 3,923 TOTAL FUNDS 227,863 (223,940) 3,923 Page 8 continued...
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 11. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows: Net movement In funds At 31.8.25 At 1.9.23 Unrestrlcted funds General fund 48,801 (15,987) 32,814 TOTAL FUNDS 48,801 (15,987) 32,814 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 460,599 (476,586) (15,987) TOTAL FUNDS 460,599 (476,586) (15,987) 12. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 August 2025. Page 9
STONE CROSS INDEPENDENT PRE-SCHOOL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons and legacles Grants Fees 199,794 31,416 192,844 33,246 231,210 226,090 Other tradlng actlvltles Fundraising events 755 Invostment Income Deposit account interest 771 889 Total Incoming resources 232,736 227,863 EXPENDITURE Charltable actlvlties Wages Social security Pensions Hire of plant and machinery Rent Repairs and Renewals Insurance Equlpment Uniforms Staff Training Cleaning Depreciation of tsngible fixed assets 185,674 4,667 1,791 528 19,722 9,130 2,211 1,301 2,570 909 979 116 167,588 1,805 1,706 528 19,086 7,650 2,367 1,356 2,054 502 138 229,598 205,627 Other Telephone Advertising Sundries Bookkeeping 1,531 353 257 18,720 1,118 45 503 15,264 20,861 16,930 Support costs Management Rates and water 1,695 915 Governance co8t8 Accountancy 492 468 Total resources expended 252,646 223,940 Net (expenditure)Ilncome (19,910) 3,923 This page does not form part of the statutory financial statements Page 10
REGISTERED CHARITY NUMBER: 1030338 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 FOR STONE CROSS INDEPENDENT PRE-SCHOOL Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW
STONE CROSS INDEPENDENT PRE-SCHOOL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Page Report of the Trustees Independent Examlnerfs Report Statemant of Financlal Actlvlties Balance Sheet Notes to the Financlal Statements Detalled Statemont of Flnanclal Actlvltles 10
STONE CROSS INDEPENDENT PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Govornlng document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1030338 Prlnclpal address Memorial Hall Dittons Road Pevensey East Sussex BN24 SET Trustees Ms G Nethercot K McQuillan A Beard (resigned 27.6.25) H Edwards (resigned 27.6.25) L Miller (resigned 27.6.25) T Lindsay Mrs T Lindsay (appointed 27.6.25) J Saunders (appointed 27.6.25) Independent Examlner Watsons Associates Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW Approved by order of the board of trustees on .... and signed on its behalf by: Trustee Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STONE CROSS INDEPENDENT PRE.SCHOOL Independent examlnerfs report to the trustees of Stone Cross Independent Pre-school I report to the charity trustees on my examination of the accounts of Stone Cross Independent Pre-school (the Trust) for the year ended 31 August 2025. Responslbllltles and basls of report As the charity trustees of the Trust 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 examinatlon of the Trust's accounts carried out under Section 145 of the Act and In carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examlner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements conceming 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 concems 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. Watsons Associates Watson Associates 30 - 34 North Street Hailsham East Sussex BN27 1DW Page 2
STONE CROSS INDEPENDENT PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 2025 Unrestricted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 231,210 226,090 Other trading actlvéties Investment income 755 771 889 Total 232,736 227,863 EXPENDITURE ON Charltable actlvlties Charitable Activities MISC 2,407 204,603 231,785 Other 20,861 16,930 Total 252,646 223,940 NET INCOMEI(EXPENDITURE) (19,910) 3,923 RECONCILIATION OF FUNDS Total funds brought forward 52,724 48,801 TOTAL FUNDS CARRIED FORWARD 32,814 52,724 The notes form part of these financial statements Page 3
STONE CROSS INDEPENDENT PRE-SCHOOL BALANCE SHEET 31 AUGUST 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSETS Tangible assets 423 412 CURRENT ASSETS Stocks Debtors Cash at bank 1,045 1,081 34,336 1,495 1,758 54,457 36,462 57,710 CREDITORS Amounts falling due within one year 10 (4,071) (5,398) NET CURRENT ASSETS 32,391 52,312 TOTAL ASSETS LESS CURRENT LIABILITIES 32,814 52,724 NET ASSETS 32,814 52,724 FUNDS Unrestricted fvnds 11 32,814 52,724 TOTAL FUNDS 32,814 52,724 The financia statements were approved by the Board of Trustees and authorised for issue on Zo IG12oLL........ and were signed on its behalf by: Trustee The notes form part of these financial ststements Page 4
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES Basis of preparing the flnanclal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 25 % on reducing balance Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon The charity is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financlal ststements. Hlro purchase and leaslng commltments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Penslon costs and other post.retlrement beneflts The charity operates a defined contribution pension scheme. Contributions payable to the charitys pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 continued...
STONE CROSS INDEPENDENT PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 OTHER TRADING ACTIVITIES 2025 2024 Fundraising events 755 INVESTMENT INCOME 2025 2024 Deposit account interest 771 889 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. STAFF COSTS The average monthly number of employees during the year was as follows: 2025 13 2024 14 Total employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 226,090 Other trading activities Investment income 889 Total 227,863 EXPENDITURE ON Charltable actlvltles Charltable Activities MISC 2,407 204,603 Other 16,930 Total 223,g40 NET INCOME 3,923 RECONCILIATION OF FUNDS Total funds brought forward 48,801 Page 6 continued...
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . contlnued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 52,724 TANGIBLE FIXED ASSETS Fixtures and fittings COST At 1 September 2024 Additions 4,508 127 At 31 August 2025 4,635 DEPRECIATION At 1 September 2024 Charge for year 4,096 116 At 31 August 2025 4,212 NET BOOK VALUE At 31 August 2025 423 At 31 August 2024 412 STOCKS 2025 2024 Stocks 1,045 1,495 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments 354 727 977 781 1,081 1,758 Page 7 continued..
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 AUGUST 2025 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Taxation and social security Other creditors 207 981 2,883 1,346 1,675 2,377 4,071 5,398 11. MOVEMENT IN FUNDS Net movement in funds At 31.8.25 At 1.9.24 Unrestrlcted funds General fund 52,724 (19,910) 32,814 TOTAL FUNDS 52,724 (19,910) 32,814 Net movement in funds, included in the above are as follows: Incomlng resources Resources expended Movement In funds Unrestrlcted funds General fund 232,736 (252,646) (19,910) TOTAL FUNDS 232,736 (252,646) (19,910) Comparatlves for movement In funds Net movement in funds At 31.8.24 At 1.9.23 Unrestrlcted funds General fund 48,801 3,923 52,724 TOTAL FUNDS 48,801 3,923 52,724 Comparative net movement in funds, induded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 227,863 (223,940) 3,923 TOTAL FUNDS 227,863 (223,940) 3,923 Page 8 continued...
STONE CROSS INDEPENDENT PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 AUGUST 2025 11. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows: Net movement In funds At 31.8.25 At 1.9.23 Unrestrlcted funds General fund 48,801 (15,987) 32,814 TOTAL FUNDS 48,801 (15,987) 32,814 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 460,599 (476,586) (15,987) TOTAL FUNDS 460,599 (476,586) (15,987) 12. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 August 2025. Page 9
STONE CROSS INDEPENDENT PRE-SCHOOL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons and legacles Grants Fees 199,794 31,416 192,844 33,246 231,210 226,090 Other tradlng actlvltles Fundraising events 755 Invostment Income Deposit account interest 771 889 Total Incoming resources 232,736 227,863 EXPENDITURE Charltable actlvlties Wages Social security Pensions Hire of plant and machinery Rent Repairs and Renewals Insurance Equlpment Uniforms Staff Training Cleaning Depreciation of tsngible fixed assets 185,674 4,667 1,791 528 19,722 9,130 2,211 1,301 2,570 909 979 116 167,588 1,805 1,706 528 19,086 7,650 2,367 1,356 2,054 502 138 229,598 205,627 Other Telephone Advertising Sundries Bookkeeping 1,531 353 257 18,720 1,118 45 503 15,264 20,861 16,930 Support costs Management Rates and water 1,695 915 Governance co8t8 Accountancy 492 468 Total resources expended 252,646 223,940 Net (expenditure)Ilncome (19,910) 3,923 This page does not form part of the statutory financial statements Page 10