Charity registration number: 1031235
**PARKSIDE PRE SCHOOL TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025**
Doc ID: 8d0055386d5f80b32dab4ba7c3d15235782c10e1
## **Parkside Pre School Contents**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees' Report|2—5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Statement of Financial Position|8|
|Notes to the Financial Statements|9—11|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|12—13|
Doc ID: 8d0055386d5f80b32dab4ba7c3d15235782c10e1
## **Parkside Pre School Reference and Administrative Details For The Year Ended 31 July 2025**
|**Trustees**|Amanda Hooker - Chair|
|---|---|
||Deniz Ustaoglu|
||Nicola Thirkell|
||Raheela Hussain|
|**Phone:**|02036097557|
|**Email:**|parksidepreschoole4@gmail.com|
|**Website:**|www.parkside-preschool.com|
|**Charity Number**|1031235|
|**Principal Address**|Parkside Pre-school|
||82 Peel Close|
||Chingford|
||London|
||E4 6XQ|
|**Independent Examiner**|Mr Umber Khan, AFA, MIPA|
||Taxwise Accountancy|
||16 Titan Court|
||Laporte Way|
||Luton|
||Bedfordshire|
||LU4 8EF|
Page 1
Doc ID: 8d0055386d5f80b32dab4ba7c3d15235782c10e1
**Trustees' Report For The Year Ended 31 July 2025**
## **Parkside Pre School**
The trustees present their report and the financial statements for the year ended 31 July 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The aims of the Pre-school are to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
(a) offering appropriate play, education and care facilities, and family learning, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
(b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
(c) instigating and adhering to and furthering the aims and objects of the Early Years Alliance.
## **Significant Activities**
Parkside Pre-School is based in purpose-built, self-contained accommodation within Parkside Primary School. The setting benefits from direct access to an outdoor play area, enabling free-flow play throughout the year, and is located close to a local park which is ideal for visits.
The Pre-School operates during term time, offering morning sessions every day (9:00am–12:00pm), afternoon sessions four times a week (until 3:30pm), and a Lunch Club. The setting is registered for up to 35 children per session, aged two to four years. Admissions are managed via a waiting list based on date of birth.
The Pre-School’s aim is to provide a safe, inclusive and stimulating environment, free from discrimination, where children are supported to explore, learn and develop through play. Children are encouraged to build social skills, independence, and confidence while engaging with a planned curriculum aligned with the Early Years Foundation Stage (EYFS) framework. Individual learning needs are supported through regular observations and assessments. Initial settling-in meetings and ongoing developmental reviews ensure that each child’s progress is monitored, and next steps are planned effectively. The setting uses the Tapestry online learning journal to record progress and maintain strong communication with parents and carers.
A key person system is in place, ensuring that each child is supported by a designated member of staff to promote continuity of care and strong relationships.
## **Public Benefit**
In setting objectives and planning activities, the trustees have given due regard to the guidance issued by the Charity Commission for England and Wales on public benefit.
The Pre-School provides accessible early years education and childcare, supporting children’s development at a critical stage. It contributes positively to the local community by supporting children’s development, enabling parents to work or study, and promoting inclusion and diversity.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Additional Note**
## **Contribution made by volunteers:**
Volunteers are important to the charity’s work, and we encourage parents/carers and others to volunteer in various ways as they can provide support to the setting, staff and children. They can bring in new ideas, provide additional help and gain experience for themselves if wishing to take up childcare as a career.
## **Other:**
High priority is given to our staff, both in promoting staff welfare and in supporting their continuing professional development (CPD) by attending relevant training courses.
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## **Parkside Pre School Trustees' Report (continued) For The Year Ended 31 July 2025**
## **Achievements and Performance**
## **Main Achievements**
- Continued to operate in line with our last Ofsted rating of ‘Good’
- Continuing support for children with SEND using targeted funding to employ additional staff and purchase appropriate resources
- Continued to concentrate on mental health and wellbeing of children and staff including creating a new Wellness Policy document
- Improved staffing flexibility through employing Casual Pool staff Delivered a range of cultural and seasonal activities
- Maintained a successful Lunch Club with focus on healthy eating and independence. It is a social occasion which includes yoga sessions and an emphasis on recycling
- Provided enrichment activities including external visits and life-cycle learning
- Introduced a new Climate and Sustainability Policy and a Sustainability Officer to help “reduce, reuse and recycle” Enhanced oral health provision including supervised tooth brushing and an Oral Health Champion Strengthened curriculum leadership roles including a Maths Champion
- Improved learning environment through redecoration of setting
- Participated in the Early Years Conversation Project with Durham University
- Introduced staff exit interviews Continued emphasis on Safeguarding with annual updating of Safeguarding Policy and training for all staff
## **Financial Review**
## **Financial Position**
Total income for 2024/25: £262,609
Total expenditure for 2024/25: £244,431 The main areas of expenditure were:
- Staff wages
- Premises rental
- Equipment, training, insurance, internet/phones, membership costs and consumables
The Pre-school is in a good financial position.
## **Reserves Policy**
It is the policy of the Pre-school to maintain a reserve account containing at least six month’s running expenses which is reviewed annually.
These reserves ensure financial stability and enable the charity to meet its obligations, including staff salaries, redundancy costs, rent, and other liabilities, in the event of unexpected financial challenges.
Amount of reserves held £166,000.00
## **Going Concern**
The pre-school has been operating for many years and is well established with a good reputation in the surrounding area. This means that we need to operate a waiting list and normally have children waiting to join us.
## **Additional Note**
## **The charity’s principal sources of funds (including any fundraising):**
The Pre-school’s funds are sourced from
Fees
Free Early Education Entitlement (FEEE)
Additional funding streams including Early Years Pupil Premium, SEND funding, donations, fundraising activities, and bank interest.
...CONTINUED
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**Parkside Pre School Trustees' Report (continued) For The Year Ended 31 July 2025**
## **Additional Note - continued**
## **Description of the principal risks facing the charity:**
The principal risks for the charity would be a reduction in the number of children wanting to attend and competition from other early years settings. There are also increasing costs particularly in relation to salaries, national insurance and pensions. Recruitment is a problem which could prevent the pre-school operating to maximum capacity.
## **Structure, Governance and Management**
## **Governing Document**
Type of governing document: PSLA Constitution (now EYA) adopted 2011
How is the charity constituted?
Unincorporated association
## **Trustee Selection Methods**
Trustees are appointed at the Annual General Meeting from amongst parents/carers.
Policies and procedures adopted for the induction and training of trustees: The trustees meet regularly over the year at management committee meetings. Any new trustee is given an up to date induction pack and the opportunity to attend training. The pre-school’s policies and procedures are regularly reviewed and signed by the Chair of the Committee.
The charity’s organisational structure and any wider network with which the charity works:
Trustees: Chair of Trustees, Committee Members.
Employees: Pre-school Manager, Deputy Pre-school Managers, Pre-school Practitioners, Administrators, Lunch Club Assistant
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Page 4
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## **Parkside Pre School Trustees' Report (continued) For The Year Ended 31 July 2025**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Amanda Hooker Trustee 22/05/2026
Page 5
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## **Parkside Pre School Independent Examiner's Report to the Trustees of Parkside Pre School For The Year Ended 31 July 2025**
I report to the trustees on my examination of the accounts of Parkside Pre School (the Trust) for the year ended 31 July 2025.
## **Responsibilities and Basis 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 examination of the Trust’s accounts carried out under section 145 of the 2011 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**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Financial Accountants, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents 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.
Mr Umber Khan, AFA, MIPA 22/05/2026 Taxwise Accountancy 16 Titan Court Laporte Way Luton Bedfordshire LU4 8EF
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## **Parkside Pre School Statement of Financial Activities For The Year Ended 31 July 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable activities
Investments
**4**
**EXPENDITURE ON:**
Charitable activities:
**5**
Charitable activities
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**11**|**2025**
**Unrestricted**
**funds**
**£**
1,381
256,014
5,214|**2024**
**Unrestricted**
**funds**
**£**
-
213,515
4,636|
|---|---|---|
||262,609|218,151|
||(244,431)|(204,882)|
||18,178|13,269|
||18,178
276,639|13,269
263,370|
||294,817|276,639|
The notes on pages 9 to 11 form part of these financial statements.
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## **Parkside Pre School Statement of Financial Position As At 31 July 2025**
|**Notes**
**CURRENT ASSETS**
Stocks
**9**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**10**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**11**|**2025**
**Unrestricted**
**funds**
**£**
1,698
293,119|**2024**
**Total**
**funds**
**£**
1,698
279,941|
|---|---|---|
||294,817
-|281,639
(5,000)|
||294,817|276,639|
||294,817|276,639|
||294,817|276,639|
||294,817|276,639|
||294,817|276,639|
The financial statements were approved by the board of trustees on 22 May 2026 and were signed on its behalf by:
Amanda Hooker Trustee
The notes on pages 9 to 11 form part of these financial statements.
Page 8
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## **Parkside Pre School Notes to the Financial Statements For The Year Ended 31 July 2025**
## 1. **General Information**
Parkside Pre School is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1031235. The principal address is Parkside Pre-school, 82 Peel Close, Chingford, London, E4 6XQ.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements 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 Standard applicable in the UK and Republic 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 charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Going Concern Disclosure**
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity's ability to continue as a going concern.
## 2.3. **Incoming Resources**
Parkside Pre-School relies on income from fees generated through its charitable activities, funding from the public and private sectors, fundraising, charitable donations, interest income and sales from uniform sales to support its work. We are committed to ensuring that all incoming resources are raised, identified, recorded and accounted for accurately and transparently, and in accordance with charity law.
## 2.4. **Stocks and Work in Progress**
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the statement of financial activities. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the statement of financial activities.
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
|.
**Income from Donations and Legacies**|||
|---|---|---|
||**2025**|**2024**|
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**£**|**£**|
|Donations and gifts|1,381|-|
4. **Investment Income**
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## **Parkside Pre School Notes to the Financial Statements (continued) For The Year Ended 31 July 2025**
|Bank interest receivable
5.
**Analysis of Expenditure**
Charitable activities
Charitable activities
6.
**Support Costs**
Employee costs
Premises expenses
General administration
Employee costs
Premises expenses
General administration|**2025**
**Unrestricted**
**funds**
**£**
5,214|**2024**
**Unrestricted**
**funds**
**£**
4,636|
|---|---|---|
|||**2025**
**Support**
**costs**
(see note 6)
**£**
244,431|
|||**2024**
**Support**
**costs**
(see note 6)
**£**
204,882|
|||**2025**
**Charitable**
**activities**
**£**
210,069
18,365
15,997|
|||244,431|
|||**2024**
**Charitable**
**activities**
**£**
173,606
21,786
9,490|
|||204,882|
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**Parkside Pre School Notes to the Financial Statements (continued) For The Year Ended 31 July 2025**
## 7. **Staff Costs**
Staff costs were as follows:
Wages and salaries
|**2025**|**2024**|
|---|---|
|**£**|**£**|
|208,527|171,617|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## 8. **Average Number of Employees**
Average number of employees during the year was: 14 (2024: 12)
## 9. **Stocks**
|Stock
0.
**Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income
1.
**Movement in Funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1**
**August 2024**
**£**
276,639|**Income**
**£**
262,609||**2025**
**£**
1,698
**2025**
**£**
-
**Expenditure**
**£**
(244,431)|**2024**
**£**
1,698|
|---|---|---|---|---|---|
||||||**2024**
**£**
5,000|
||||||**As at 31 July**
**2025**
**£**
294,817|
||276,639|262,609||(244,431)|294,817|
||**As at 1**
**August 2023**
**£**
263,370|**Income**
**£**
218,151||**Expenditure**
**£**
(204,882)|**As at 31 July**
**2024**
**£**
276,639|
||263,370|218,151||(204,882)|276,639|
## 10. **Creditors: Amounts Falling Due Within One Year**
## 11. **Movement in Funds**
## 12. **Transactions with Trustees**
No trustee expenses have been incurred.
## 13. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure, except for those disclosed in the Transactions with Trustees note.
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## **Parkside Pre School Detailed Statement of Financial Activities For The Year Ended 31 July 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Charitable Activities:**
**Charitable activities**
Fees
2 year old funding
3 & 4 year old funding
DAF
Special needs funding
EYPP
Other
Fund raising
Uniform sales
**Investments**
Bank interest receivable
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable activities**
Wages and salaries
Staff training
Subsistence expenses
Rent
Cleaning
Play equipments
Insurance
Printing, postage and stationery
Telecommunications
Legal fees
Payroll fees
Bank charges
Sundry expenses
Visitor expenses
**NET INCOME**|**2025**
**Total**
**funds**
**£**
1,381|**2024**
**Total**
**funds**
**£**
-|
|---|---|---|
||1,381
8,865
76,232
114,644
938
44,893
8,934
349
740
419|-
19,607
60,842
95,682
3,553
28,599
1,371
2,306
1,590
(35)|
||256,014
5,214|213,515
4,636|
||5,214|4,636|
||262,609
(208,527)
(1,320)
(222)
(17,000)
(1,365)
(6,429)
(2,659)
(2,372)
(480)
(118)
(744)
(69)
(2,598)
(528)|218,151
(171,617)
(1,833)
(156)
(21,500)
(286)
(2,126)
(1,787)
(1,578)
(530)
-
(507)
-
(2,275)
(687)|
||(244,431)|(204,882)|
||(244,431)|(204,882)|
||18,178|13,269|
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**Parkside Pre School Detailed Statement of Financial Activities (continued) For The Year Ended 31 July 2025**
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