Lilleshall Pre-School
Financial Statements
Year ended 31 March 2025
Registered Charity Number 1036071
Lilleshall Pre-School
Contents of the Financial Statements
for Year Ended 31st March 2025
| Page | |
|---|---|
| Independent Examiner's Report | 3 |
| General Fund: Receipts and payments account | 4 |
| Restricted Fund: Receipts and payments | 5 |
| Statements of assets and liabilities Report of the Trustees Notes to the Financial Statements DRAFT |
6 7 8-9 |
Lilleshall Pre-School
Independent Examiner's Report to the Trustees of Lilleshall Pre-School
for Year Ended 31st March 2025
I report on the accounts of the Trust for the year ended 31st March 2025, which are set out on pages 1 to 7.
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 examiner's 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 trustee 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.
----- Start of picture text -----
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
DRAFT
----- End of picture text -----
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
…………………………………… Date……………………. Barry Talbot FCCA Chartered Certified Accountant Clear Accountancy Services Limited
e-Innovation Centre Priorslee Telford TF2 9FT
Page 3
Lilleshall Preschool
----- Start of picture text -----
General Fund Receipts and Payments
for Year Ended 31st March 2025
2025 2024
£ £ £ £
Receipts
Funding from Telford and Wrekin Council 132,362 83,154
Fees 22,008 35,761
154,371 118,914
Payments
Salaries & Pension 109,027 98,919
Staff training 1,202 395
Premises 12,639 17,536
Children's food/toys/hygiene 2,468 2,619
Administration 734 1,084
Accountancy & payroll fees 922 845
- -
Repairs
Other 309 318
127,300 121,715
Excess receipts over expenditure 27,070 (2,801)
Surplus on fundraising activities 3,980 7,304
Surplus for the year 31,050 4,503
DRAFT
----- End of picture text -----
Page 4
Lilleshall Pre-School
Restricted Funds
----- Start of picture text -----
Receipts and Payments for the year ended 31st March 2025
2025 2024 2023
£ £ £
Marketing Fund
Cash/bank balance at 1st April 2024 99 99 99
Cash/bank balance at 31st March 2025 99 99 99
2025 2024 2023
£ £ £
Reserve Fund
Receipts
Interest received 415 252 51
Transfers from the General Fund 31,050 4,503 8,898
Cash/bank balance at 1st April 2024 73,410 68,655 59,706
Cash/bank balance at 31st March 2025 104,875 73,410 68,655
DRAFT
----- End of picture text -----
Page 5
Lilleshall Pre-School
Statement of Assets and Liabilities as at 31st March 2025
1. Monetary Assets
| Cash Balances as at 1st April 2024 80 Excess receipts/(payments) for the year: General Fund 818 Restricted Fund - Balances as at 31 March 2025 897 2. General and Restricted Funds Balances as at 1st April 2024 Excess receipts over payments for the year Movement to the General Fund Balances as at 31 March 2025 D |
Bank Current Account 41,859 18,316 - 60,175 General Fund - 31,466 (31,466) - RAFT |
Bank Fundraising Account 16,138 1,917 - 18,055 Marketing Fund (restricted) 99 - - 99 |
Bank Bonus Saver Account 15,432 10,415 25,847 Reserve Fund (restricted) 73,410 - 31,466 104,876 |
Total 73,509 31,466 - 104,975 Total 73,509 31,466 - 104,975 |
|---|---|---|---|---|
3. Other Assets
-
a) The Pre-School building is leased from Telford and Wrekin Council and insured through them.
-
b) The contents of the building have not been valued for financial accounts purposes but have been insured.
Page 6
Lilleshall Pre-School
Report of the Trustees for the Year Ended 31st March 2025
Statement of Responsibilities of Trustees
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (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 that 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 year.
In preparing these accounts, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principals in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. 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. …................................................... …...................................... Signed on Behalf of the Trustees Date
Page 7
Lilleshall Pre-School
Notes to the Financial Statements for the Year Ended 31st March 2025
1. Format of the accounts
The accounts have been prepared on the receipts and payments basis.
2. Detailed Analysis of General Fund Payments
| Premises Electricity Insurance Repairs and Maintenance Refuse Collection Rent Water Charges Children's Food/Toys/Hygiene Food Hygiene Toys & equipment Administration Stationery & postage Telephone Advertising Licenses Other Bank/Interest charges Other DBS check Uniform DRAFT |
2025 £ 2,048 1,308 2,969 - 5,855 458 12,639 2025 £ 1,270 239 959 2,468 2025 £ 29 521 - 183 734 2025 £ 119 - 99 91 309 |
2024 £ 7,837 1,343 961 467 6,567 360 17,536 2024 £ 901 752 966 2,619 2024 £ 430 410 99 145 1,084 2024 £ 128 70 114 7 318 |
|---|---|---|
Page 8
Lilleshall Pre-School
Notes to the Financial Statements for the Year Ended 31st March 2025
| 3. Detailed analysis of surplus on fundraising activities General Fundraising Charitable Giving DRAFT |
2025 Surplus £ 3,830 150 3,980 |
2024 Surplus £ 7,304 - 7,304 |
|---|---|---|
Page 9