REGISTEREO CHARITY NUM8ER: 104698i REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STA1EMEMrs FOR TrIE YEAR ENDED 31 AUGusf 2024 BALDERTON PRE-SCHfJoL DUn￿n & Topli5 Linlted 14 London Road Newark Nottloghamshlre NG24 ITW BALDERTON PRÉ-SCHOOL coNrENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR EIYDED 31 AUGusf 2024 Report of the Trustees Independont Examlnerfs Rqpart statement of Fln4ndal Athtks Balance Sheet Notos to the Hnandal statrments 7 to 11 Oetalled Statement of Flrwnclal Activkies 12 BALDERTON PRE-SCHOOL REPORTOF THE TRUSTEES FOR TrIE YEAR ENDED 31 AUGUST2024 Thè trJslees present thelr report with the financlal 51ateTents ol the charrty Sor the year ended 31 Au8USt 2024. The trustees have adopted the prowsiois ol Accounting and Reporting by ￿.arIt)eS.. Ststenent of Recommended Prarrice applirable to charities p,'eparlng thdr accovnts in accordancÈ wtth the Financlal Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 loffectave lJ3nuary 2019). OBJEcfivES AND ACTivmES Oblettlves and alms The alms of the Pre Scnool are to enhan¢e the development and educat',on of chlldien prlmarfly under stsiutory school age by encouraglng parents to understand and prolde the needs of their children throu8h communlty8foup5 and bv.. (al offering appropriate play, edwatlon and Care f3cll,,'tles, fimNy learnlng and extended hobr5 gtpups, toge•her wlth tie rlght of parents to take responslblllty fo." and to becorne InVO￿ed la the activitles of such uroups, en5thrlnB that such groups offer opportunities for all thildren whatever thelr race. cultu￿. rellglon, means or abllity,. Ibl Èncouraglng the stuay of the needs of suth children and thelr famllles and promotip,8 publ(¢ Interest In recognltlon o! 5uth neefls In the local areas; {cl IrL%tlgatln8 and adhe￿￿ to and furtherlng the alms and obléttive5 of the Pre School LearnhgPJllarKe. Puljlk benefft The Ch.arity's maln actMtle5 ale runnlng groups ano oti.tinqs for chlldren. In order to athle￿ this the p￿ Sctriotsl has a number of powefs whlch are listed In the conJtltutlon and 5umrnarlsed Oe1￿￿. to wovide acComn￿?dl:.1Dn and equlpmenr: to ra.'se moneyto pay for the Pre School'5 activlties,. to make such p3Yff￿nts as shall be necessary. The irustees C¢Mfirm that Ihey have referred tu the ￿[dan￿ contalned In the tharfty Commlss.'on's general gu,:dance on ptybllc benefit when reviewln8 the TNst's aims and objectlves and In plannln¥ future actfvttle5 and settlng the grant policy for the year. AcHI￿EMENT AND PERFORMAN Charttable aclivltles The trustees nr)te that Incgme Increased al a 8reater ra* than expend.:ture in the year to 31 Au8USt 2024 whlch iesulted In an exces5 exFendilure of £74,842. Fee Incoffte from parents Increased thls year because of Increased attendance numbers. These have been Incroa51n8 back lo normal numiers slnce the ease of cov',d restrf¢tions. Fee Income from No¢tlr.ghamshlre County Council Increased thls year. Thls 15 due lo a change In the crlterla for Chlldren who qualify for 15 hours offree govemment liinding. The Pi e-S¢hool supports free childore fundlrg available from the Eovefnrnenl. Hollday aubs Iwhlth calerfor both Pr&School ar>d Acorn chi dren) the numbers attendin8 remained simllar. Government fvnds were receNed throL*hout the year and amounts recefved Weie hither thar* last year è5 tt is based on (Tlterla whkh changed In Aprtl. The Ststemen¢ of Flnancial Activitles iniJlcate5 Total Income Resou￿$ of £450,466 12023.. £326,9771 and Total Ae50urces Expended of É375,624 12023: £350,806). FINANCIAL Rf4lEW Reserves polky All re5erve5 held by the Charity are held a5 unre5tri¢ted general fvnds. As at 31 Augusl 2024 the reserves to:alled E157,39412023., E82,5Z21. The Chartty czn use trye fvnds In anyiv3y permitted by the con5titutlon whith are nece553ry orde5ir3ble to enable the Pre-schod lo achleve Its aims, rhe trustoes wlsh tc maintain an apwoprfaie level af reserves to protÉct agalnst fluctuatln8 levels of Incorne and lo Frov,.de onsoln8 repairs and imprtNements to the buildirg5. Page I 8ALDEirroN PRE.SCHOOL REPORT OFTHE TRu￿E£S FOR THE YEAR ENDEO 31 AUGU￿ 2024 FUTURE PLANS The Iru5tees plan to conilnue enhar7cin8 the development and educatlon of th. thiidren and deHver the best Standard of chlldcare while contlnulng to Increase the number of chiklren Ir. attendance al the Pr&Sclioal and OUL . ofscfr,ool dub. 5TRucfuRI GOVERNANCE AND MANAGEMEwr Governln8 documeni The charity Is controfied by It5 governlngdocument, a deed of trust and constttutes a4 UnIn￿rpOrated c,iarlty. The tharity Is controlled by li s governing document. a constitutlon orig1nal￿ drawn up In 2011 and amendod and apwo'Rd m 18 May 2015, and constlttstes èn ttnlncorporated charlty. Recfultment and appdntmellt olnew trustees The tnjstees are those who make up the Commlttee. rhe charityaLso has Member4 dIV￿Qd In b two groups as follows:_ 111 Family Meir,bership parents or gua,'dlans of all children who attend any group run b/ the Pre School wlshlng to support the alms Oi Sehool. They are entltled toone Vole al any General Meetlng the Pre 21 Affiliate Membership . q)en to those inaivlduals. Orga￿lsationS or other bodies interested in SLrpporUng tho aims of the Pre School. They are entl+kd to one vote ai any General Meet1￿$. ppdnement Oi trustees is 8OVEmed by the consdttstlon as follows... There will be a mlnimum number of 5 trustees and a maximum nurnber of 12, consistlng of.. lal a Chalr, 3 Treaswer and a Secretary,. Ibl not less than 2 not more tPian 9 o'ther elected tru5teés,' and Icl opdonalty a further 3 trustees can be Co￿pted at anyttme after the AGM (Annual General meeti￿}. The tnJ5tee In lal and Ibl abov¢ shall be elected fur ¢)ne year at the AGM. Retlrfni trb5tees are dlgible lor re*lection unJe5s they have already served on the Commltt >e in any capaoty for ten consecuive year5. C(FOPted members In Icl above tnay l¢)In at any time on the Invltstioi of the Comrrlttee but Shall retire at the ieKt AGM. Nocwpted membei shall serve formore than 6 ¢onsecutlveyear5. Not le5S than week5 before ihè date of tbe next AGM each Member shall be Sent a form wlHch any Member wlshln8 to stapd as a candidate for election to the C¢mnittee mustcomolete and return to Secretary to indicate thelr wllllngness to act as a mernberof the Commlttee tf elect&. At the AGM the prospective new elerted member5 of the Commfftee w(11 be those candldatr5 recelvlng the hlghest nurnber of votss f., om the Mernber5. LIP lo a maximum 0112 elerted Committee member5 In total, A: the first Committe• meeting followlng the AGM at whlch the newty lected member5 Qf the Commlttee are elected they shall choose from imon85t their number the members who VAII act a5 Chalr, Tre￿urer and Secretary. ftlsk management The trnstees have a duty to Identtfy and rÉvlew the rlsk5 to whkh the charity Is exposed and to ensure approwiale controls are In place to provkje reasonable assurance aga1t￿ fraud and error. REFERENCE ANO ADMINISTRATIVE DEfAILS Reg15tered ChaAtynumber 1046985 Prtnclpal address WolfftAvenue 8alderton Newark Nottinghamshlre NG243PQ Page 2 HO ISTEES D 31 AUGUST 2024 Secretary (resS￿ed 22.5,241 ited f the board of trut.ee5 on 30 April 2025 and sÈned on its behalf by.. REGISTERED CHAIUTY NUMaER: 1046985 REPORT OF THE TRUSTEES AND UKAUDITED F114ANCIAL STATEMENTS FOR THE YEAR ENDeD 31 AUt3lST2024 FOR 8AIDERTON PRE-SCHOOL [￿nCall & Toplis Llmlted 14 London Road Newark Nottinghamshl NG24 ITW INDEPENDEpif EXAhllNER'S REPORT TO THE TRusfEE5 OF BALDER TON PAE4CHOOL Independent examlner's report to the tr(rstee$ ofB41derton Prevsehool I report to the charfty trustees 0,1 Try examlnatlon nl the accounts ol galderton Pre-school Ilhe Trustl lor the yea,'end•d 31 August 202ÈK RespGnslblities and basls ol report As the charity truitees ol the Trust you are responsiL4e for ihe preparatlorn of the acc¢JJnts In accordan￿ wlth the requlrements of the Charltie5 20111'the Act'l. I report in respect ol my examknation of TrJst's accounts tarrled out tsnder Sectlon 145 of the Art and in carryth8 Out my examlnatlon I have followed all )ppllcablo Diiectlon5 glven by the Chadty Comrni55ion under Secdo.1 1451511bl of tho Act. IndepetKlent ttKamlnerfsrtaternent Since your charivs gross income exceeded £250,(m your exarrilner must be a member of a listed br#Jy. I can confirni that l am quallfted to undertake the examlnalion bocause l ani a Membof of l.le. As50clatlon of Chartered Cerdfled Accountants. which ￿ one of the ltsted bodles. I have ¢ornpletec my examinatlon. I coDflrm that no materlal fftatrers have corne to my ottenUon In connection wlth the Examinatlon givlng me C3use to bdleve t.iat In any n￿tertaI respeeL' accountlng rtrcords were not kept In r¢spe¢t of the Trust as reqLlred by Se¢tion IJO of the Act,. or the ac¢ounts do not accord with th05e records,, Of ehe accounts do not u)mply wlth the applkable requ'rernents conrErnlng the lorm and content OF accounts set out In the Chadlles IAccounlJ and Reportsl Regulations 2008 other than any requlremeni that the accotjnts glve a true and fal,. ￿eW whth L% not a matter cornsldered as part of an Indepertdent examloalion. I have no con¢erns and have conie across no other matters In toMe¢tlon wlth Ih¢h examination to whlch attendon should be drown In this report In Order to enable a proper understanding of the &counts to be reached. S SHAW FCCA Duncan & Toplis Llmlted 14 Loid(M Road New)rk Nottlnghamshire NG24 Irw 30 Aprtl 2025 Page 4 8ALDERTON PRE-SCHOOL STATEMENT OF FINANCIALAcTIV￿lEs FOR THEYEAA ENDED 31 AUGUST2024 2024 Unrestrkted fvjnd 2023 Total fijnds Notes INCOME AND ENDOWMENTS FROTrA Donadons and le&acie5 Charltable arttvitlos Charitable actlvltie5 449,845 326,866 Investment Income 621 109 Total 450,466 326,977 EXPENDITUREON Charhable adlvltle5 Charftsble activltks 375,624 350,806 NEf INCOMEIIEXPENOITURE) 74,842 123,8291 RECONCIUATION OF FUNDS Totsl funds bfO(Jght forward 82,5)2 106,381 TOTAL FUNDS CARRIED FORWARD 157,394 82.552 The notes fomi part of these 4nanaal statements Page S BALDERTON PRE.SCHOOL BALANCESHEET 31 AUGUST 2024 20211 Llnfeslilcled 2023 Total funds Notss CURREKf ASSET5 Debtar5 Cash at bank and In hand 5,488 155,942 7,747 82,440 165,430 9),187 CREDITORS Amoun15 falling due wlthh one year 18,0361 17.6351 NET CURRENT ASSETS 157,394 82,552 TOTAL ASSETS WS CURRENT UABILrriES 157,394 82,552 blEf ASSETS 157,394 82552 FUNDS Unrestrfcted fund5 io 157,394 82.552 TOTAL FUNDS 157,394 82.5S2 The financial statements wer¥ approYEd by the Qoard of Trustees and aui')orlsed for15sue on 30 Aprfl 2025 and were slgned on hs behalf bv- C Hopklns - Trustee The notes fomi part of these financ141 slatemenls Poge 6 8ALOERT014 PRE-5CHOC NOTESTO THE HNANUAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNFif46 POLiaES Basss of preparln8 the flnancl* sta¢emeoiS T.ne fillancial statement) of the charity, which is a publlc belleflt entitri under FRS 102. have been prepared in accordance wlth the Charli es SORP {FRS 101 Accountlng and Reportin8 by Charllles.. Statement of Recommended Pract',ce appl.'cable to charilks preparfn8 their accokints In accordance with the Financlal Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021 (thffect￿e l January 20191,, Anancial Reportlp.g Standard 102 The Flnandal Reportlrg Stsnd2rd ap￿icable In the UK and Republic of Ireland, and the Charil¢es Act 2011. The flnandal statements ha¥e beèn prepared under the historlcal cost convendon. Income Ir,come Is derlved from fees charyed to parents andlor Ihc local authorltri and do?athis. Income ￿ recognlsed lii the Slatemant of Flnancial Activlrfe5 Orto the charlty has entitlemenl lu the funds, It Is probable that the Income wlll be received and the amour,t can be ,easured reliably. Expendlture Expenditure ts account&J for on an xcruals basls and has been d3s5ifled under headln8S thaf I￿regate all c051s related to the ca'40ry. Costs are Indushp ofany VAT which cannot be recovered. Yaxathn The charlty is exempt fr￿• lax on its tharltable acllvities. Fund accountlng Urtrestrlded fund5 can be used In a¢cordancewlth the eharitsblÈ o&iertives at the discretlon of the tsustees. Restrlct=d f￿d5 ean only be tL%ed for partlcular resfficted purposes wlthln the oblerts of the tharfty. Restrlctlon5 arfse when specifted by the donor or when fund5 are ralsed for particular restricted purposes. Further explanaiion of the natwe and purpose of eath fund is Induded In the note3 to the Ilnanclal statemen P•nslon msts amd oiher postrfetlrement bentflts The charlty opeiates a defftied contrlbtrtion penslon scheme. ContrllJLitions payable to the chart's penslon xheme 3re charged lo the ststement of FI￿nC￿l Acti%/.tles In the perfod to whlth ttr,ey relate. Debtors DebtOf5 are recognlsed at the sethement amounl. Credltors Credllors are recognlsed where tk..e charlty has J preseii t obllgatlon re5ultlng from a Pas4 event that I￿17 probably reyjlt In the transfer of fur,ds lo a thlrd party and the amouqt due la settle can be measured or estlniabed reliably. INVEsfMENT INCOME 2024 2023 Intorest recelva 621 L09 Page 7 continued.. 8AiDERTON PRE-SCHOOL NOTES TO THE FINANCIAL sfATEMWTS * conilnued FOR THE YEAR ENOED31AUGUST2024 INDEPENDEprf EXAMINER'S FEE5 2024 2023 Independent ?￿n￿rner,5 fees 525 52S TRUSTEES, REMU￿ERAV1oH AND BENEFITS There were no trusteos, remunerallon orother benellts for thp year ended 31 August 2024 nor for the year eidad 31 Au¥u5t 2023, Trusteqs, expenses Therè wero no Irusteo5' oxpcnses paid lot ihe year ended 31 August 2024 nar for the year eThled 3L Augiist 2023. STAFF COSTS 2024 2023 Wa8e5 and salèrfe5 So¢lJl $ec(Irtty costs Other penslon costs 305,087 14,955 266,405 10,135 3,905 325.706 280,44> The average monthty nUM￿r of empbyees during the yearwas as follovts.. 2024 22 Émployees 2023 21 No employee5 recelved •FTr)lurnents In excèss 01 É60,OCQ, COMPARATNE5 FOR THE STATEMENT OF FINANaAL AcrivrriES Unrestrt¢ted INCOME AND E14DOWMENTS FROM DOna￿On5 and le8aae5 CharitsblE adlvltles Charitsble aclivirles 326,866 Investment Income log rotal 326,977 EXPENDITURE ON CharStible adlyliles Charitable acilvlties 39).& NEf INCO,MEIIEXPENDITUREI 123,8291 Page 8 contiftued... BALDERTON PRE4CF*JOL NOTE5 TO THE FINANCIALSTATEMENT5. conlinued FOR THE YEAR ENDED 3I AUGUST 2024 COMPARATIVES FOR THE STATEMEKf OF FINANaAL Acnvrrits. contlnued Up.re51rlcted fund RECONCILIAMON OF FUNDS Total funds brought foryiaru 106,381 TOTAL FUNDS CARRIED FORWARD 82,552 DEBTOR5; AMOUNTS FALUNG OUE wrrHIN ONE YEPJI 2024 2023 Trzde Ifeb4of5 Prepayments and accrued Income 4,188 1,3C 6.507 1,240 S,488 7,747 CREDifoRS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 Sodal securfty and other taxes Other ￿edItorS Accruals and deferred income 4,087 1,364 2,585 4,148 1,065 2.422 8,036 7,635 Deferr•J ip.come relate510 monty fecelved In adwdnce far seThlces pnvided after the yearend. LEASING AGREEMENTS Mlnlmum kase paymen15 kn'nder non-cancellabk operatyrk8 lease5 fall due as follow5.. 2024 2023 Wrtlln one year Betweén one and ftve years 14,855 14,855 14,855 29,709 29,710 44,564 Page 9 continued... 3ALDERTON PRE-SCHOOL NOTESTO fME NNANCIAL sTATEmE￿5- contlnued FOR THE YEAR ENDED 31 AUGUST 2024 io. MOVEMENTIN FUNDS Nel movement In funds At 31.8.24 Al 1.9.23 Unrestrlctod funds General fund 82,552 74,842 157.394 TOTAL FUNDS 82,552 74,842 157,394 Yet movement In frjnds. Ir.¢luded In the oL)ove ale as follows.. Incomlng resourtes Resource5 expended Mu¥ement In fund$ UnreJtrl¢ted lunds General lund 450A66 1375,6241 74,842 TOTAL FUNDS 450,466 1375,6Z41 74A42 Camparaltves for mtyement In lunds Net movement In funds Al 31.6.23 Al 1.9.22 Unrestrl¢ted fijnds Generol fund 106,381 (23,8291 82,552 TOTAL FUNDS 106.381 123,8291 82,5S2 Comparaive net moven)ent In fdnd5, inclbded In the above are as follows.. Incomln resources Resourees expended Movement in funds Unrestrl¢ted fvnds General fund 326,977 1350,8061 123,8291 TOTAL FUNDS 326,9n 1350,e061 123,B291 Pa{e 10 conllnued... 8ALDERTON PRE.SCHOOL NOT£5TO THE FINANc￿L 5TATEfvIENfs. contlnued FOR THE YEAR ENDED 31 AUGUST 2024 io. MOVEMEfff IN FUNDS - contlnued A current year 12 nonths and prioryear12 4nofilh5 comblned poltlon Is as loll¢yw5: Net movemenl funds At 31.8.24 At 1.9.22 Unresttlrted fvnds General fund LQ6,381 51,013 157,394 TOTALFUNOS 106,381 SL013 157,394 A ¢urrent year 12 monih5 arbj pdor year 12 month5 comblned nel movement in lund$, knduded In the ar2 as follows: Incomlng res￿jr￿s Resource5 expended mO￿￿￿t In funds Unrestrkted IlJnd3 General fund 777,443 1726,4301 51,013 TOTAL FUNDS 777,443 [726,4301 51,Q13 ii. REL41ED PARfi DISCLOSURES Ouflng the year ended 31AL4U5t 2024. no related party transactions were Identtfted.12023, ÉNIL}. Page 11 BALDERTON PRE-SCHOOL DETAJLED STATEMENT OF FINKyaAL ACTivrriES FOR THE YEAR ENDED 31 AUGUST IQ24 2024 ?￿23 INCOMÉ AND ENDOWMENTS ()onatlon$ le#ades ft5 Investment Intome Interest recelvatAe Charrtable acdvltSes Fees from Pa￿nts Fees from No:ts County Coundl Miscella MQUS Incomo 164,734 284,555 $56 148,151 177,778 937 449,845 326,866 Totil Incomln8 rnsourc¢s 450,466 326.977 EXPENDITURE Charltabl¢ actmtles Wagos S