Charity numb•r= 1034782 THE LADYBIRD PREcHOoL TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
THE LADYBIRO PRE-SCHOOL CONTENTS Page Reference and Admlnlstratlve Detalls of Ihe Charlty, Its Trustees and Advlsers Trustees. Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet 10 Notes to thè Financial Statements
THE LADYBIRO PRE-SCHOOL REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Trustees S Beeby H Bulrym (resigned 13th October 20251 S Goldsworthy, Chair K James L Hartley (appointed 13th October 2025} J Ward lappoinled 13th Oclober 20251 Charity rogi$ter•d number 1034782 Principal offl¢e King Georges Playing Field Lambs Lane Cottenham CB24 8TB Independent Examiner C P J Dougherty, FCA Lakin Rose Limited Chartered Accountants Cambridge House Camboro Business Park Girton Cambridge CB3 OQH Bankers The Co-operative Bank PO Box 250 Delf House Skelmersdale WN8 6WT Cambridge Building Society 51 Newmarket Road Cambridge CB5 8FF Page 1
THE LADYBIRO PRE-SCHOOL TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Tnjstees present their annual report together with the financial statements of the charity for the period 1 September 2024 to 31 August 2025. The trustees confirm that the annual report and financial slatemenls of the charity comply with current statutory requirements. the requirements of the charills governing document and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. Obj•¢tives and activities Policies and objectives The charity has the following aclivilies to deliver ils principle objectives: Aim.. Our primary aim at Ladybird Pre-school is lo create a warm stimulating environment to enable every member young or old to leam and develop while having fun. The environment needs to be aCSsible, challenging bul achievable to all our members with OPfKJrtunities to take risks. Addtional Aims.. To ensure children feel safe and secure in our care To form positive and trusting relationships with all our members To provide play experiences for children to learn from and explore To work effectively in partnership with others lo maximise everyone's potential To foster positive dispositions lo learning To give everyone the opportunity to develop their confidence, independence, self-esteem. social and emotional skills To ensure everyone al Ladybird Pre-school is aware of and involved in the scheme "Promoting Health in Early Years Our objective is lo work hard to ensure we meet our aims. Addtional Objectives.. To provide aclivilies. events and opportunities to develop leaming for all To provide learning aclivilies. training and workshops for all of our members To encourage parentslcarers to participate in our organisalion maximising their skills. knowledge and abilities To ensure staff have a good understanding as to what constitutes a heatthy Irfeste and works in partnership with parentslcarers lo help keep their children healthy. Page 2
THE LADYBIRO PRE-SCHOOL TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 A¢hievoments and porfornian¢o Revlew of actlvltles Ladybirds now have an extensive waiting list. so an application was placed with the local Council this year for an expansion which went to panel in June. The application was unfortunately denied on the grounds Ihal there was not enough money to fund the proposed project. Ladybirds decided not to appeal on the grounds that it was unlikely it would get approved on re-submission because of the amount requested and funds being rlllgfend for specific areas of focus around the county where there is high demand but no Servi available. This year. we have held many successful fundraising events and have raised an amazing lotsl of £3,191.00 from the following charity events.. Halloween Cake Stall1£183) Sponsored Wheel {£7301 Toy Sale1£53} Winter Fair1£262} Carols on the Green1£4931 Christmas Raffle1£4751 The Cury Palace - donating a percentage of their lakings on an advertised evening. towards us as a charity1£650) Family Dis¢o1£2111 Summer Cake Sale1£84} Waggon & Horses - donating half the money raised from their fitst advertised Quiz Night1£50} With the building expansion and converting to a CIO in the pipeline, high value purchases were kept to a minimum lo ensure we had sufficient reserves for both projects. Since the project was denied. the Iruslees have recommended and proposed the money raised above is spent on the following next year.. A new gazebo, flooring and lighling needed to raise money for future events Updating changing facilities Some of the funds raised have been spent on the sensory room, sensory garden and ducklings. Like many other childcare providers, we continue lo face rising costs for supplies, staff wages and other operational expenses due lo the rising cost of living. As a result, the committee made the decision to increase parental fees this year for children attending our setting. Effective from 1st April 2025, the new fees were increased to followng.. £8.50 per hour for those under three years £7.50 per hour for those over three years land not yel funded or requiring more than their 15 hours free enlitlemenll In April the National Living Wage increased to £12.21, an increase of 6.7'/0 or 77p for those on minimum wage. Al a finan meeting earlier in the year, we looked at staff wages and explored what impact the increase would have across the board. The overall increase per annum would have gone from £230,178.37 10 £245,622.16 at 6.7 /0 or £244,145.43 at 77p. Since we had adequate reserves and under the advice given by our accountant, a decision was made lo opt to increase the wages by 6.7'/0 as opposed lo 77p across all the wages of those who work for Ladybirds. Page 3
THE LADYBIRO PRE-SCHOOL TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Financial review . Going concem After making appropriate enquiries. the Trustees have a reasonable expectation Ihat the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial slatemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy Ladybird Pre-school aims to build and maintain a general fund of reserves lo cover 9 months running costs. As at 31 August 2025 the reserves were equal to around 7 months running costs12024'. 8 monlhsl. This level of reserves should cover any short lemi cash flow fluclualions and provide a buffer against unforeseen future emergencies. These reserves are kept liquid and low risk. by holding them in a bank or building society. Rates of interest are regularly monitored. In addition to the reserve, designated funds comprise unrestricted funds that have been set aside by Trustees for Particular purposes. They are.. Deprivation funds.. sums set aside lo support children, in our community. with exceptional circumstances. Training and professional development funds.. sums set aside lo support staff in their continuous professional development. Maintenance and Redecoration funds.. sums sel aside lo maintain a clean and safe environment. IT funds.. sums set aside lo ensure IT system meets the operational requirements. Garden equipment funds.. sums set aside for new outdoor play equipment. Statement of designated funds.. Deprivation funds.. IT funds.. Training funds.. Maintenance and Redecoralion funds.. £ £ 735 £ 1,011 This level of reserves should cover any short-term cash flow fluctuations and provide a buffer against unforeseen future emergencies. This reserve does not allow for any major capital project. Any such project would require independent funding. The reserves will be built gradually from both fee income and fundraising. The Trustees review this policy at least annually lo ensure Ihal it reflects current business needs. Stru¢ture. govomance and management Constitution The principal object of the charity is lo enhance the development and education of children primarily under the statutory school age by encouraging parents to understand and provide for the needs of their children through community groups. Page 4
THE LADYBIRO PRE-SCHOOL TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Stru¢ture. govomance and management l¢ontinuod} b. Methods of appointmont or Olection of Trust•e$ The management of the charity is the responsibility of the Tnjstees who are elected and co-opted under the temis of the Tnjst deed. The Trustees who served during the year and dales of appoinlment and resignations are shown on page 1. c. Organisational structure and decision-making policie$ A committee of parents is elected in the new year al the Annual General Meeting of the Pre-school. The committee are responsible for the running of the group and employ a manager to manage it for them. The manager is responsible lo the committee, reports to committee meetings and is supported by one deputy and two senior practitioners. Decisions about the running of the group are made at committee meetings. d. Risk management The Trustees have assessed the major risks to which the charity is exposed, in particular those related lo the operations and finances of the charity, and are satisfied that syslems and procedures are in place lo mitigate exposure lo the major risks. Plans for futuro poriods We continue in our aim to seek out ways to improve and widen our provision for families with young children in Cottenham. Page 5
THE LADYBIRO PRE-SCHOOL TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Stat•mont of Tru$tee$' responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England & Wales requires the Tnjstees to prepare financial statements for each financial which give a true and fair view of the stste of affairs of the charity and of ils incoming resources and application of reSoUrs. including its income and expenditure, for that period. In preparing these financial stalemenls, the Trustees are required to.. seleot suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and pnjdenl., stale whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material departures disclosed and explained in the financial slalements., prepare the financial statements on the going concem basis unless il is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitys transactions and disclose with reasonable accuracy at any lime the financial position of Ihe charity and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity (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. Approved by order of the members of the board of Trustees on 24 Apr 2026 by.. and signed on their behalf Goidsw rihy IApr24, 2028, a$worth Chair of Trustees Page 6
THE LADYBIRO PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Indepondent Examinerfs Report to the Trustees of The Ladybird Pre4chool {'tho charity'l I report to the ch8rily Trustees on my examination of the accounts of the charity for the year ended 31 August 2025. Rospon$ibilitie$ and Basis of Roport As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe 2011 Act'l. I report in respect of my examination of the charilws accounts carried out under section 145 of the 2011 Acl and in carrying out rrry examination I have followed the applicable Directions given by the Charity Commission under section 1495llbl of the 2011 Act. Independent Examlner's Statement Since the charity'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 l am qualified to undertake the examination because l am a member of Inslitule of Chartered Accountants in England and Wales, which is one of the listed bodies. Your attention is drawn to Ihe fact that the charity has prepared the accounts in accordance wth Aocounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has been wthdrawn. l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respecl of Ihe charity as required by section 130 of the 2011 Act or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning Ihe fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fail view which is not a matter considered as part of an independent examination. I have no concems and have come across no olher matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper vnéerslanding of the accounts lo be reached. Page 7
THE LADYBIRO PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 This report is made solely to the charilws Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. W work has been undertaken so that I might stale lo the charitys Trustees those matters l am required lo slate lo them in an Independent Examiner's Report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charilws Trustees as a body, for my work or for this report. Signed.. ZJ74 Dated.. 24 Apr 2026 h&r Dou heri (Apr 24. 2026, ChrislopheTttghe& écA Lakin Rose Limited Chartered Accountants Cambridge House Camboro Business Park Girton Cambridge CB3 OQH Page 8
THE LADYBIRO PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Note Income from.. Donations and legacies Charitable activities Other trading activities Investments 450 326,841 4,889 3,844 450 348,485 4,889 3,844 645 294,867 10,187 3,388 21,644 Total income 336,024 21,644 357,668 309,087 Expenditure on: Raising funds Charitable activities 1,735 306,286 1,735 339,606 2,845 271,539 33,320 Total expendlture 308,021 33,320 341,341 274,384 Not in¢om•l{oxp?nditur•l Transfers between funds 28,003 111,6761 111.676) 11,676 16,327 34, 703 14 Net movement in funds 16,327 16,327 34, 703 Reconciliation of funds: Total funds brought forward Net movemenl in funds 175,383 16,327 175,383 16,327 140,680 34, 703 Total funds carried forward 191,710 191,710 175,383 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 1110 23 form part of these financial slatements. Page 9
THE LADYBIRO PRE-SCHOOL BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Note Fixed assets Tangible assets 11 3,814 5,233 3,814 5,233 Current assets Debtors Cash at bank and in hand 12 9,203 262,277 2, 784 227,874 271,480 230,658 Current Ilabllitles Creditors.. amounls falling due within one year 13 183.5841 (60,508) Net current assets 187,896 170, 150 Total assets less current liabilities 191,710 175,383 Total net assets 191,710 175,383 Charlty fund$ Restricted funds Unrestricted funds 14 14 191,710 175,383 Total funds 191,710 175,383 The financial statements were approved and aulhorised for issue by the Tnjslees on 24 Apr 2026 and signed on their behalf by.. Chair of Trustees The notes on pages 1110 23 form part of these financial slatements. Page 10
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General information The charity is an unincorporated charity. The address of the charity is King Georges Playing Field. Lambs Lane. Cottenham, Cambridge CB24 8TB. A¢countlng pollcles 2.1 Basis of preparatlon of financlal statements The financial statements have been prepared in accordance with the Charities SORP IFRS 102} Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial stslements have been prepared lo give a 'lrue and fai view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the exlenl required lo provide a 'lrue and fail view. This departure has involved following the Charities SORP IFRS 102} published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been wthdrawn. The Ladybird Pre-school meets Ihe definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Income l income is recognised once the charity has entillemenl lo the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Gifts in kind donated for distribution are included al valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a thirdparty is bearing the cost. No amounts are included in Ihe financial statements for services donatedby volunteers. Income lax recoverable in relation lo donations received under Grft Aid or deeds of covenant is recognised at the lime of the donation. 2.3 Expendlture Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third paty. it is probable that a transfer of economic benefits will be required in selllement and the amount of the obligation can be measured reliably. Support costs are those costs incurred directly in support of expenditure on the objects of the charityand include project management carried out at Headquarters. Costs of generating funds are costs incurred in allracling voluntary income. and those incurred intrading activities that raise funds. Charitable activities and Governance costs are costs incurred on the charity's educational operations. including support costs and costs relating to the govemance of the charity apportioned tocharitable activities. Page11
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 counting policios Icontinuedl 2.3 Expendlture l¢ontinuod) l expenditure is inclusive of irrecoverable VAT. 2.4 Tangible fixed assets and depreciation A review for impaimienl of a fixed asset is carried out rf events or changes in circumstances indicalethat the carrying valve of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities. Tangible fixed assets are carried at cost, net of depreciation and any provision for impaimienl. Depreciation is provided al rates calculated lo write off the cost of fixed assets, less their estimated residual value. over their expected usefvl lives on the following bases.. Fixtures and fittings Improvements to property 25,/0 reducing balance 10 /0 Straight line 2.5 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Tnjstees in furtherance of the general objeclives of the charity and which have not been designated for other purposes. Designated funds comprise unreslricled funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is sel out in the notes to the financial stalemenls. Reslricled funds are funds which are to be used in accordance with specific reslnctions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Inveslmenl income, gains and losses are allocaled to the appropriate fund. Page 12
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donations and grants Unrestricted funds 2025 Total funds 2025 Total funds 2024 Donations 450 450 645 Total 2024 645 645 Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Pre-school fees L1 aulhority funding 37,885 288,956 37,885 310,600 45,816 249,051 21.644 Total 2025 326.841 21,644 348,485 294,867 Total 2024 281,245 13,622 294,867 Income from fundraising a¢tivitie$ Incom• from fundraising evonts Unrestricted funds 2025 Total funds 2025 Total funds 2024 Events 4,889 4,889 10,187 Total 2024 10,187 10,187 Page 13
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Interest on cash deposits 3,844 3,844 3,388 Total 2024 3,388 3,388 Analysis of expondituro on ¢haritsbl• activitie$ Summary by fund typo Unrestricted Restricted funds funds 2025 2025 Total 2025 Total 2024 Support costs Direct costs 55,686 250,600 55,686 283,920 50,496 221,043 33.320 306,286 33,320 339,606 271,539 Total 2024 234,556 36,983 271,539 Analy$is of 8xponditur• by activities tivities undertaken directly 2025 Support costs Total funds 2025 Total funds 2024 2025 Support costs Direct costs 55.686 55,686 283,920 50,496 221,043 283,920 283,920 55,686 339,606 271,539 Total 2024 221,043 50,496 271,539 Page 14
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analy$is of 8xponditur• by activities l¢ontinuod) Analysis of direct cost$ Total funds 2025 Total funds 2024 Pre4chool 2025 Staff costs Classroom consumables School trips Groceries and milk 267,419 13,358 317 2,826 267,419 13,358 317 2,826 210, 161 7,921 620 2,341 283,920 283,920 221,043 Total 2024 221,043 221,043 Page 15
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analy$is of 8xponditur• by activities l¢ontinuod) Analysis of support costs Total funds 2025 Total funds 2024 Pre4chool 2025 Staff costs Depreciation Insurance General expenses Advertising Premises expenses Training Accountancy fees Payroll bureau fees Loss on disposal of fixed assets Subscriptions Office costs Equipment rental 11,757 1,844 2,302 1,930 297 25,349 11,757 10,096 3,960 1,935 1,888 540 21,764 258 2,344 2,195 2,302 1,930 297 25,349 684 2,516 2,313 2,134 676 1,670 2,214 2,516 2,313 2,134 676 1,670 2,214 1,964 1,428 2,214 55.686 55,686 50,496 Total 2024 50,496 50,496 Staff costs 2025 2024 Wages and salaries Social securrty costs Pension costs 266,598 8,283 4,295 213,347 3,844 2,976 279,176 220, 167 Page 16
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Staff costs l¢ontinuod} The average number of persons employed by the charity during the year was as follows.. 2025 No. 2024 No. Supervisors Deputies Praclilioners Administration General mainlenance 14 13 19 19 No employee received remuneration amounting lo more than £60,000 in either year. 10. Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits (2024- £NIL). During the year, expenses lotalling £100 were reimbursed or paid directly lo 2 Trustees (2024 £41) relating lo expenditure incurred on behalf of the charity. Page 17
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Tangible fixed assets Fixtures and Other fixèd fittings assets Total Cost or valuation Al 1 September 2024 Additions Disposals 36,146 2,559 118,9271 42,319 78,465 2,559 124,6071 15,680) Al 31 August 2025 19,778 36,639 56,417 Depreciation Al 1 Seplember 2024 Charge for the year On disposals 31,303 1,454 116,7931 41,929 390 15,680) 73,232 1,844 122.4731 Al 31 August 2025 15,964 36,639 52,603 Net book value Al 31 August 2025 3,814 3,814 At 31 August 2024 4,843 390 5,233 Page 18
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. Debtors 2025 2024 Due wlthln one year Trade debtors Other debtors Pr8payments and accrued income 344 1,135 8,068 2,440 9,203 2, 784 1& Crltors. Amounts falllng duo withln one y•ar 2025 2024 other taxation and social security Other creditors Accruals and deferred income 2,434 898 80,252 1,026 450 59,032 83,584 60,508 Page 19
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14 Statement of funds Stat•mont of funds - current y•ar Balance at 1 September 2024 Transfers Balance at 31 inlout August 2025 Income Expendlture Unrestrlcted funds Designated fund$ Designated Funds - all funds 1,746 (7,753) 7,753 1,746 General funds General Funds 173,637 336,024 1300,268) 119,429) 189,964 Total Unrestricted funds 175,383 336,024 1308.021) 111.676) 191,710 Restricted funds 1..1 Student Support 21,644 133,3201 11,676 Total of funds 175,383 357,668 1341,341) 191,710 The 1..1 student support represents grants reiVed towards the cost of one to one support for special needs children. The designated funds are as follows.. Deprivation funds.. sums set aside to support children. in our communily, with exceplional circumstances - £735 {2024 - £7351 Training and professional development funds.. sums set aside lo support staff in their continuous professional development - £nil12024 - £nill. In the year. £684 was expended on staff training. Maintenance and Redecoration funds.. sums set aside lo maintain a clean and safe environment - £nil12024 - £nill. In the year, £7,069 was expended on various repairs and maintenance work. IT funds.. sums set aside lo ensure our IT system meets the operational requirements - £1.011 12024-£1.0111. Page 20
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14 Stat•m•nt of funds (Continued) Stat•mont of funds - prior y•ar Balance al 1 September 2023 Balance al 31 August 2024 Transfers in/oul Income Expendilu Unrestrlcted funds Designated fund$ Designated Funds - all funds 1, 746 (3, 103) 3,103 1, 746 General funds General Funds 138,934 295,465 (234,298) (26,464) 173,637 Total Unrestricted funds 140,680 295,465 (237,401) (23,361) 175,383 Restricted funds 1..1 Student Support 13,622 (36,983) 23,361 Total of funds 140,680 309,087 (274,384) 175,383 The 1..1 student support represents grants reiVed towards the cost of one to one support for special needs children. The designated funds are as follows.. Deprivation funds.. sums set aside to support children. in our communily, with exceplional circumstances - £735 {2023 - £7351 Training and professional development funds.. sums set aside to support staff in their continuous professional development- £nil12023 £nill Maintenance and Redecoration funds.. sums set aside to maintain a clean and safe environment - £nil12023 £nill. IT funds.. sums set aside lo ensure our IT system meets the operational requirements - £1.011 12023 £1.0111. Garden equipment funds.. sums set aside for new outdoor play equipmenl- £nil12023- £nil). Page 21
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 1& Analysis of not a$sots botwe•n funds Analysis of nat as$•t$ b8twe•n funds - current y•ar Unrestricted funds 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due wrthin one year 3,814 271,480 183,5841 3,814 271,480 183.5841 Total 191,710 191,710 Analysls of net assets between funds - prlor year Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due wrthin one year 5,233 230,658 (60,508) 5,233 230,658 (60,508) Total 175,383 175,383 1& Operating lease ¢ommitmont$ At 31 August 2025 the charity had commilmenls to make future minimum lease payments under non- cancellable operating leases as follows: 2025 2024 Amounts payable: Within 1 year Between 1 and 5 years After more Ihan 5 years 8,644 32,045 37,513 30,022 30,893 69,559 78,202 Page 22
THE LADYBIRO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 17. Related party transactlons The children of some of the Trustees attend the nursery. The children's attendance at the nursery is on the Same temis as other children in their age groups. Page 23