## **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