## **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
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(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
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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
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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