Morley Under Fives Preschool
Trustees Report for the year ended 31 August 2025
The preschool continues to have capacity, with Mondays, Wednesdays, and Thursdays proving to be the busiest sessions. In the After School Club, Monday sessions have unfortunately closed due to financial viability, and ad-hoc booking prices have been increased by £2.50. We are delighted to report that the setting has once again been awarded “Outstanding” by Ofsted—our fourth consecutive achievement. Staffing changes this year saw Jenna leave and Emma join the team, while Kathy Price (Finance Admin) departed and was replaced by Rachel Bugg. Facilities remain an ongoing challenge, with maintenance issues around taps, a tree on the lane, and fence posts, compounded by limited support from the big school. On a positive note, fundraising has been highly successful, highlighted by a generous £2,500 donation from Morley Beer Festival and our participation in the Windham College Gala. Finally, communication has been a real strength, with Amy receiving praise for her excellent management of social media and parent WhatsApp groups.
and growth. Overall turnover rose by 9%, supported by a 17% increase in two-year-old funding and a 14% increase in three-year-old funding. General expenses fell by 43%, largely due to efficiencies gained from bringing payroll in-house through Xero and reducing accountancy fees. At the same time, the cost of sales in wages increased by 16%, bringing total salary expenditure to approximately £75,000. The organisation maintains a healthy financial position, with reserves sufficient to cover estimated redundancy liabilities of £24,000 for approximately five years.
This year we proudly celebrated our fourth consecutive “Outstanding” Ofsted rating, a testament to the dedication and quality of our provision. We welcomed Emma Watson to the team, alongside Jenna and Helen who joined as bank staff, and Helen Stone who also became part of the staff group. The curriculum has continued to offer diverse and enriching experiences, ranging from “celebration in the woods” to explorations of science, weather, and child-led themes. Our “Stay and Play” sessions have been particularly well received, with positive feedback from families highlighting their value. We extend heartfelt thanks to our staff for their ongoing commitment and to the outgoing committee for their support throughout the year.
Signed:
Position: Treasurer
Date: 21/11/2025
MORLEY UNDER FIVES PRESCHOOL UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
Kerry Butcher Accountancy Services
Morley Under Fives PreSchool Contents
| Page | |
|---|---|
| Business Details | 1 |
| Approval | 2 |
| Accountant's Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 |
Morley Under Fives PreSchool Business Details For The Year Ended 31 August 2025
Accountants
Kerry Butcher Accountancy Services Exchange House Exchange Street Attleborough Norfolk NR17 2AB
Page 1
Morley Under Fives PreSchool Accounts Approval Statement For The Year Ended 31 August 2025
I approve these unaudited accounts which comprise a Profit and Loss Account, Balance Sheet and related notes. I acknowledge my responsibility for the accounts including the provision of all the information and explanations necessary for the completion.
Signed
Date
Page 2
Morley Under Fives PreSchool Accountant's Report For The Year Ended 31 August 2025
In accordance with the engagement letter dated 01 September 2024, we have prepared the accounts, which comprise the Profit and Loss account, the Balance Sheet and the related notes, from the accounting records, information and explanations provided to us.
This report is made to you in accordance with the terms of our engagement. Our work has been undertaken to enable us to prepare the accounts on your behalf and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than to you, the client, for our work or for this report.
You have approved and acknowledged your responsibility for these accounts.
We have not been instructed to complete an audit of the accounts. For this reason, we have not verified the accuracy or completeness of the accounting records, information or explanations you have provided. Therefore we do not express any opinion on the accounts.
Signed
............................................................
Kerry Butcher Accountancy Services Exchange House Exchange Street Attleborough Norfolk NR17 2AB
Page 3
Morley Under Fives PreSchool Profit and Loss Account For The Year Ended 31 August 2025
| Turnover Pre-school Income Out of School Club Income Funding - 3-4 yrs Fundraising Activities Pre-School Wrap Around Funding 2 yrs Funding - SENIF Funding EYOO Registrations/other income Funding NCC Early Years Cost of Sales Refreshments Resources Consumables Wages and salaries GROSS PROFIT Other Income Interest Received Expenditure Rent Rates Heat and Light Cleaning Premises insurance Computer and IT repairs and maintenance Repairs, renewals and maintenance Advertising and marketing costs Training Accountancy fees Professional fees Memberships and Subscriptions Depreciation Depreciation NET PROFIT |
2025 £ £ 17,381 22,583 39,525 1,164 1,388 8,522 1,668 811 928 757 94,727 1,324 3,810 122 69,812 75,068 19,659 465 20,124 2,403 1,335 795 26 542 355 513 300 - 719 6,988 13,136 75 75 13,061 |
2024 £ £ 21,693 16,889 34,601 854 1,375 7,301 3,951 - - - 86,664 994 1,977 188 66,709 69,868 16,796 448 17,244 2,189 - 734 60 2,436 - 428 1,057 35 732 7,671 9,573 100 100 9,473 |
2024 £ £ 21,693 16,889 34,601 854 1,375 7,301 3,951 - - - 86,664 994 1,977 188 66,709 69,868 16,796 448 17,244 2,189 - 734 60 2,436 - 428 1,057 35 732 7,671 9,573 100 100 9,473 |
|---|---|---|---|
| 86,664 69,868 |
|||
| 2,403 1,335 795 26 542 355 513 300 - 719 |
2,189 - 734 60 2,436 - 428 1,057 35 732 |
||
| 16,796 448 |
|||
| 17,244 7,671 |
|||
| 75 | 100 | ||
| 9,573 100 |
|||
| 9,473 |
Page 4
Morley Under Fives PreSchool Balance Sheet As At 31 August 2025
| Notes FIXED ASSETS Tangible Assets 2 CURRENT ASSETS Cash at bank and in hand CURRENT LIABILITIES Rent Creditor NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CAPITAL ACCOUNT Balance at 1 September 2024 Profit/(Loss) for the period/year Balance Carried Forward |
2025 £ £ 224 67,434 950 66,484 66,708 66,708 53,647 13,061 66,708 |
2025 £ £ 224 67,434 950 66,484 66,708 66,708 53,647 13,061 66,708 |
2024 £ £ 299 54,299 950 53,349 53,648 53,648 44,175 9,473 53,648 |
2024 £ £ 299 54,299 950 53,349 53,648 53,648 44,175 9,473 53,648 |
|---|---|---|---|---|
| 950 | 950 | |||
| 66,708 | 53,648 | |||
| 66,708 | 53,648 | |||
| 53,647 13,061 |
44,175 9,473 |
|||
| 66,708 | 53,648 |
Page 5
Morley Under Fives PreSchool Notes to the Accounts For The Year Ended 31 August 2025
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
2. Tangible Assets
| . Tangible Assets |
|
|---|---|
| Cost As at 1 September 2024 As at 31 August 2025 Depreciation As at 1 September 2024 Provided during the period As at 31 August 2025 Net Book Value As at 31 August 2025 As at 1 September 2024 |
Computer Equipment £ 1,000 |
| 1,000 | |
| 701 75 |
|
| 776 | |
| 224 | |
| 299 |
Page 6
Report to the Trustees of Morley Under Fives Pre-School on the Accounts for the Year Ended 31 August 2025 –
Charity Number - 1036636 - set out on the following pages.
I report to the trustees on my examination of the accounts of Morley Under Fives Pre-School charity number 1036636 (the Charity) for the year ended 31 August 2025.
Respective Responsibilities and Basis of Report
As the charity’s trustees, 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 Examiners Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
The accounting records were not kept in accordance with section 130 of the Charities Act or
-
The accounts did not accord with the accounting records; or
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The accounts did not comply with the applicable requirements concerning the form and content 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 the 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.
Signed ....... Kerry Butcher Accountancy Services ..... 16 October 2025
Kerry Butcher Accountancy Services Exchange House Centre Exchange House Attleborough Norfolk NR17 2AB