Annual Report 2024 – 2025
Following on from the improved financial performance reported in the 2023/24 period, the agreed operational changes that were implemented in September 2023 continue to boost the day-to-day demand for the facilities offered by the setting and again resulted in a further, markedly stronger financial performance for this 2024/25 period. As well as taking children from 9-months old, our increased daily opening hours throughout 48 weeks of the year appear to be a major attraction for working parents who choose our setting.
At the end of the summer term 2024, twenty-one children moved from pre-school to primary school but that still left us with 47 children on roll. A further 6 children then enrolled for the start of the new academic year in September 2024 and by the end of the academic year, we had 62 children attending our setting.
The overall impact was even more substantial than the previous year. Coupled with the fundraising efforts of our staff, trustees and parents, we can again look forward with optimism to the immediate future. Once more, we thank the committee and staff for their persistence, dedication and hard work.
Lowdham Pre-School
Lowdham Village Hall, Main Street, Lowdham, Notts., NG14 7BD Registered Charity No. 1032534 Financial Statements for the Year Ended 31st August 2025
RECEIPTS and PAYMENTS ACCOUNT
| RECEIPTS and PAYMENTS ACCOUNT | ||||||
|---|---|---|---|---|---|---|
| RECEIPTS Fees Funding HMRC Grants, JRS, Refunds Breakfast Club Holiday Club FUNDRAISING RECEIPTS Brains Other TOTAL RECEIPTS PAYMENTS Wages Enrichment expenses Pension Payroll Rent Refreshments Materials Fundraising costs Training course fees Petty cash expenditure Stationery, insurance and IT OFSTED and DBS fees Repairs Accountancy Sundries Advertising Uniform TOTAL PAYMENTS RECEIPTS Less PAYMENTS Reserves at 1st September 2024 RESERVES at 31st AUGUST 2025 |
101566 249521 17 |
2025 351104 2037 |
125881 75944 |
2024 201825 2772 |
||
| 1642 395 189045 3080 8048 360 11756 7182 10004 473 1903 2124 754 425 479 322 244 |
1642 395 |
1453 1319 |
||||
| 353141 | 204597 | |||||
| 132393 1093 5563 360 9390 4941 5690 414 1525 1662 220 425 218 208 |
||||||
| 236199 | 164102 | |||||
| 116942 67360 |
40495 26865 |
|||||
| 184302 | 67360 |
Lowdham Pre-School
Lowdham Village Hall, Main Street, Lowdham, Notts., NG14 7BD Registered Charity No. 1032534 Financial Statements for the Year Ended 31st August 2025 (Continued)
| MONETARY ASSETS Cash in hand Bank current account Bank Deposit Bond TOTAL OF MONETARY ASSETS DEBTORS |
2025 2024 - - 184302 67360 - - 184302 67360 - - |
|---|---|
OTHER ASSETS - NOT VALUED
Various items of play equipment Computer and office equipment Stock of fleeces and Polo shirts Storage Shed
LIABILITIES
PAYE and National Insurance - - - - Supplies of materials and other expenses
NOTES TO THE ACCOUNTS Transactions with Related Parties
During the year, no member of the committee received remuneration. (2024 - £ nil)
Treasurer
May 2026
FINANCIAL STATEMENT
of
Lowdham Pre-School Lowdham Village Hall, Main Street, Lowdham, Nottinghamshire
Registered Charity No. 1032534
For the 12 months ended 31 August 2025
COMMITTEE: (at 31 Aug 2025)
BANK:
INDEPENDENT EXAMINER:
Hannah Bebbington ( Chair ) Michaela Sparks Rebecca King Jane Louise Proctor Chloe Brown
HSBC 1 Victoria Road, Netherfield, Nottinghamshire, NG4 2LB
Dr Ian C. Kilpatrick PhD Brook Holm, Criftin Enterprise Centre, Oxton Road, Epperstone, Nottinghamshire, NG14 6AT
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LOWDHAM PRE-SCHOOL
I report on the accounts of the Trust for the year ended 31[st] August 2025, which are set out on pages 1 and 2 of Part B of the report.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiners report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Dr Ian C. Kilpatrick PhD Scientific Research Director Epperstone Nottinghamshire NG14 6AT
2[nd] June 2026