## **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
- 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