## **Trustees’ Annual Report for the period** **From 01/09/2024 To 31/08/2025** ## **Charity name: Olney Pre School** ## **Charity registration number: 1039667** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Provision of pre-school for children aged 2
to 4 years.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Pre-school| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had regard to the
Charity Commission guidance on public
benefit in its decision-making.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The charity has continued to provide pre-
school services to the local community,
increasing the provision of dedicated
facilities to 2-year-olds, and is an active
participant in the local community and
events.
Olney Pre School maintains an Ofsted
rating of ‘Outstanding’, following inspection
in April 2025. The previous rating was also
‘Outstanding’ at the prior inspection in
2019.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The income received by the charity is
sustainable, and provides sufficient surplus
to ensure future volatility, stress and
uncertainty can be mitigated without
hindering the services we provide to our
community.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Surplus and reserves are held to cover
ongoing variable operating costs, additional
capex availability to maintain the required
standards of consumables, equipment and
facilities, and to provide a fund to cover
redundancy.| |Amount of reserves held|Para 1.22|£51,500 redundancy fund.
£62,257.98 operating capital| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|No funds materially in deficit.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|We are confident in Olney Pre School’s
ability to continue as a going concern
based on the financials and strategy of the
charity. This assessment is made with
regard to an independent assessment of
our accounts, and the treasurer’s analysis
of financials on an ongoing basis.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Government funded nursery education
vouchers and parental fees| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|The principal risks facing the charity are:
•
Reduction in children enrolling for
attendance.
•
Reduction in the government
funding model for preschool
education.
Both risks would have the potential to harm
the charity due to eroding our income
against less controllable fixed costs.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|The charity constitution, based on the
model constitution of the Early Years
Alliance is agreed and adopted annually at
the charity annual general meeting.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated body in membership of the
Pre-school Learning Alliance.| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are nominated, seconded and
elected at the annual general meeting.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Olney Pre School| |---|---| |Other name the charity uses|| |Registered charity number|1039667| |Charity’s principal address|The Olney Centre,
High Street,
Olney.
MK46 4EF| ||| ## **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Simon Bolger|Chair||| ||Megan Bolger|Secretary||| ||Richard Lea|Treasurer||| – Corporate trustees names of the directors at the date the report was approved **Director name None** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**None**||| ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |**None**||| **Name of chief executive or names of senior staff members (Optional information)** Abigail Chippendale – Supervisor and Setting Manager Anne Ball - Administrator ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Not applicable **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Richard Lea|| ||
Treasurer, Trustee|| ||25/05/2026|| ||25/05/2026|| OIMyPrnS¢hooiC*•rlty G•M¥l Iwme&Ewrrflltw••£cowtshrlh•yMiio31AuiiN12025 VoJ¢h¥ I 210,032 171,794 242.IC¢ 213,564 118.2 1&1.093 1,373 Staff 810 238 41,041 674 629 Sundry It• (J*ed & DBS f 336 202 140 .213.407 -I￿,T16 27,788 &**¥lntr•y• Jkxalon d ltha• £o.crfJ Fun￿n￿ ccdl 28.011 89,149 117.1 ,149 Oln•yPr¢Seh•olCh•ilty PU￿rn1￿￿1￿th•Ymylo3lAlYl2025 2024 Ewrts 1.051 278 319 Tthlrt&l(>m B 16 149 7XI Pwty D 1,710 Ireffi T*Art&(*m 8ty• 310 2,3T2 2.3r2 SENACC( from DAF E>¥w¢*bxg *fflNJ ¢£* EYPP AccaNr 3.459 1,251 O*PrnS¢hoolChulty balanC•shMt￿1i JiAu8Mt2025 2024 48.137 46.77J 74.055 803 I￿,617 k curr•nt a¢¢owl 8wk C•sh •1 yegr 71,187 76,978 374 197,1r2 Flrwn¢•J Po*nOal r&JundvKy costs Po*nOal costs SEN EYPP 38,7￿> 44,7 ,7YJ 44,7Y) 3.784 89,497 G•rw•l 2.372 G•w¥l 197.172 169,518 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examlner's report on the accounts Sectlon A Indepe1￿ent Ex*miner'J Report R•port t¢ tho trust••&l MOM￿rn of Olrffji Pr8 School Charty On •ceount• for th• y• •nd•d 31 Augugl 2025 Ch*rfty no Ilf •nyl 8•t I￿¢ wg•• I report to tho Iru8t8è5 on my examlnatknn cl the bccounts Of1￿ 8b)ve ¢h81ity (Ihe Trust") for the year eThJed 31 August 2025. R••poMlbllStlM and A8 Ihe choflty Iru8teeB ol the Trusl. you arn re8p￿SIbl& knr ba818 of r•port of tha 8CLounts In accffllanco wlth the wuirgmgnts of the Charlties Act 20111'11* Prfl. I feF4)rt re8pect of my exaMInat￿)n ofth• Tru8t'8 8cccun18 ¢wried oul under S￿11)n 145 of the 2011 Act carrylw ¢xrt my exarnlnalth, I hgvg followod tho opplicabb DlrgGlon8 glvon by the Charity Comml88k)n under socllon 1451511bl of the Act. I have Cc4nplel￿ my examln8llon. I confimi Ih&t M rtwtortgl matt•rn h8v• ¢om8 lo my 8ttantlon In con1￿Cl10n wlth oxamknallon whlch 9lve8 me ¢#U8e to believe that In, #ny matsrbal resF•CI'. Accounllrv4 record8 warè Th)t kept In accordar￿ wlth 8eclk)n 130 thè Act or the account$ do r•)t accord wllh thg accounllTrJ roc4)rd8 Ind•pondont •Xomln•rf• •tat•m•nt I have no concoms orKI have como no olhgr mattern In g)nnedlon with the axamlnall¢Jn lo attèntl¢)n Should drawn In order lo enablo 0 proFW ufKler8tandlng of thg wxourt8 lo be reach￿. 819n•d: Dat•: 214128 N•m•: MbB¥ Frarv8 L¢Julse T¢ R•l•v•nt wolM•lon•l qu•lffl¢•llorf•l or body (If anyl: Folhyw Membgr of Asscdauon of Chartorod Cortwknd Awiuntsnt8. AddvM•: 28 Corey Way Olney MK46 4DR Sectlon B Disclosure on￿ ￿mplete rfthg examln8r nè8d8 to hbJhlbhl mattefs of conc8m1866 CC32, Independenl ox8mln8tk>n of chaty wA￿A￿. dlracth)n8 and guklance examSn8r8). Glv• h•r• bd•f d•tall• of #ny ft•m$ th8t th• •x4mlMr wl•hM to dl$c108•.