Independent report to the trustees of Cobham Community Pre-school
I report to the trustees on my examination of the accounts of Cobham Community Pre-
st
School for the year ended 31 August 2024.
Responsibilities and basis of report
As the charity trustees of the Trust 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 all the applicable
directions glven by the Charity Commission under section 145(51{b) of the Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination, giving me cause to believe that in any
material respect.
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:
Name: 044ocJr _
Qual ification:
ICAÉLJ Ac4
Address:
Date:

Cobham Community Pre-school
Annual report
It has been another good year at Cobham Community Pre-school. We finished the year with
34 children on roll and said goodbye to 21 children who left to join primary school.
The Preschool has gone from strength to strength. Some improvements to the garden have
been made in the last twelve months as a result of a grant received from The Lower Thames
Crossing Association and these have been enjoyed by the children. We have continued to
offer a wide range of workshops for the children introducing several new providers. In
relation to staff, we have said goodbye to Kayleigh who left the preschool and Alena has
moved to bank staff. We have welcomed Lisa to the team who is an experienced
practitioner whom we are excited to have on board.
We have have had a stable year financially and are pleased to finish the year with a small
surplus, despite the spending of the remainder of the Lower Thames Crossing grant for
which income was recognised in the previous year. Points to note are that,.
A changed investment strategy led to an element of our reserves being put into a
high interest account, coupled with the strong interest rate position for savings has
seen nearly £lk of interest income this year;
Although our fees were £5k lower than the previous year, costs have stayed fairly
consistent albeit it with a £lk staff cost saving. However, we do ensure that Staff are
fairly rewarded in line with the market, and funding rate increases during the last
year have not matched staff salary increases meaning that although staff salaries do
not appear to have reduced inline with fee reductions, in reality this is distorted by
pay-rises.
The extension of the Free Entitlement to Early Education to two-year-olds has not
had a significant impact on our finances as two-year-olds attend preschool on
reduced hours compared to three-year-olds. However it is something we continue to
monitor.
Overall, we are confident about our future. The strong reserves position give5 us a buffer to
deal with expected future financial pressures.

COBHAM COMMUNITY PRE-SCHOOL
STATEMENT OF ACCOUNTS FOR YEAR ENDED 31 AUGUST 2024
Current
Account
Deposit
Account
Cash
Balance brought forward from 31108123
1,867.20
350.00
56,847.67
Income
Fees - Parents
Fees - KCC
Grants
Fundraising
Transfer
Interest
36,053.00
55,034.60
670.00
2,853.40
0.00
0.00
908.23
57,755.90
96,478.20
350.00
Expenditure
Wages
Rent
Cleaning and Maintenance
Consumables
Equipment
Activity Materials
Administration
Fund raisin8
Training
Insurance
Memberships and Subscriptions
Uniform Allowance
Workshops
Other
72,358.69
8,103.96
1,256.71
659.47
5,452.89
710.02
1,312.27
537.31
505.50
1,018.57
734.14
182.08
1,835.00
366.86
95,033.47
0.00
0.00
Balance as at 31108124
1,444.73
350.00
57,755.90
Current
Cash
Deposit
Balance at 31108124
1,444.73
350.00
57,755.90
59,550.63
Balance at 31/08/23
59,064.87

COBHAM COMMUNITY PRE-SCHOOL
RECEIPTS AND PAYMENTS FOR YEAR ENDED 31 AUGUST 2024
2023124
2022/23
Receipts
Fees
Fundraising
Grants
Other
Bank Interest
91,087.60
2.853.40
670.00
0.00
908.23
95,519.23
96,017.37
3,154.09
5,550.00
700.00
260.64
105,682.10
Payments
Wages
Rent
Cleaning and Maintenance
Consumables
Equipment
Activity Materials
Administration
Fundraising
Training
Insurance
Memberships and Subscriptions
Uniform Allowance
Workshops
Other
72,358.69
8,103.96
1,256.71
659.47
5,452.89
710.02
1,312.27
537.31
505.50
1,018.57
734.14
182.08
1,835.00
366.86
95,033.47
73,572.20
7,697.06
1,594.40
621.73
5,426.17
893.36
868.14
406.99
801.15
865.99
896.58
317,80
1,530.00
1,467.31
96,958.88
Surplus during year
485.76
8,723.22
Cash and Bank at 31 August 2023
Surplus
59,064.87
485.76
59,550.63

Cobham Community Preschool
Balance Sheet
As of August 31, 2024
TOTAL
Fixed Asset
Total Flxwj A880t
Cash at bank and In hand
Curr•nl Ac
Deposlt Ac
Paty Cash
Shawbrook LT deposit
Total Cash at bank aThl In harKI
NET CUFIRENT ASSETS
1,444.73
27,364.30
350.00
30,391.60
£59,550.63
£59,550.63
Creditors.. amounts lalllng due wllhln on• yoar
Current Liabilities
Payroll Liabililies
HMRC Tax Payment Group
Nest pension scheme
Total Payroll Llablltfj81
Totsl Current Uab11tt198
0.00
0.00
0.00
0.00
£0.00
Totat Cr8dltors: amounts falllng du8 vthln on8 year
NET CURRENT ASSETS {LIABILITIESI
TOTAL ASSETS LESS CURRENT LIA81LITIES
£0.00
£59.FJ50.63
£59W.63
£59,550.63
TOTAL NET ASSETS ILIABILITIESI
Charily funds
Opening Balance Equlty
Retained Eamings
SurplusllDelicitl
Totd Charlty funds
50.341.85
8.723.22
485.76
£59,550.63