2025-08-31-accounts

Treasurer Report 2024/2025

The 2024/2025 financial year marked another successful and stable period for Beaumont Preschool. Despite ongoing financial pressures and rising operational costs, the preschool remained financially resilient. This stability is largely due to the continued support of local families, consistently full session numbers, a maintained waiting list and controlled budgeting where possible.

We began the academic year September 2024 with an opening balance of £57,626.10 and closed in August 2025 with £63,665.266 , resulting in a year-end surplus of £6039.16 . Through fundraising activities this year, we raised £1999.69 which is included in the above figures. As a registered charity, all surplus funds and fundraising are reinvested directly back into the preschool to enhance resources, provide enriching educational opportunities for the children, and support staff training and development.

Financial Overview

Overall, Beaumont Preschool maintained a strong financial position throughout the year. Income streams remained steady, supported by high attendance levels and continued demand for places. Expenditure was carefully monitored, ensuring that essential costs were met while still allowing for investment in resources, equipment, extracurricular visits and staff development.

The surplus generated reflects responsible budgeting and the commitment of staff, families, and the committee to maintaining a high-quality early year setting.

Income Breakdown

Main income sources included:

• Government Funding Early Years Entitlement funding remained our largest income stream. This came to a total for the year of £203,935.52 . Although funding rates continue to lag behind rising costs, consistent attendance ensured this income remained stable.

• Parent-Paid Fees Although many children are now funded due to the introduction of 15 hours working parent entitlement for children from 9months, Fee income remained strong due to some families using additional sessions or not currently receiving funding, due to eligibility, along with a maintained waiting list. This continues to be a vital source of income, helping to contribute to operational costs not met by government funding.

• Fundraising Activities Fundraising efforts generated £1999.69 this year. Events such as raffles, a sponsored read, Christmas cards and community activities such as a trip to Hobbledown and a leavers picnic not only raised funds but also strengthened relationships with families.

Expenditure Summary

Key areas of expenditure included:

• Staff Salaries and Training Staffing remains our largest cost at a total of £164,183.87 for the year, reflecting our commitment to providing high-quality early years education. We also invested in staff training and development to ensure continued compliance and best practice.

• Operational Costs This includes rent, insurance, Ofsted registration and essential services. Our rent increased slightly again this year through discussion with the landlords to bring us in line with other settings managed by them, this increase was agreed to be gradual over a few years. Rising consumable costs continue to place pressure on the budget, but careful management and adjustment to snack menus ensured these remained within expected limits.

• Resources and Equipment Funds were allocated to replenish learning materials, update equipment, and enhance the preschool environment. These investments directly support children’s learning and development. This included new painting easels, tuff trays, a dress up rack and smaller items such as play food, toilet training seats and steps, water toys and leavers gifts. We also hired a coach for our trip to Hobbledown. Our total fundraising spends for the year came to £7096.37 .

• SENIF and DAF Over the year, we received £14,059.99 in funding to support children with additional needs. This includes the Special Educational Needs Inclusion Fund (SENIF) and the Disability Access Fund (DAF). These funds are used to provide resources, equipment, and training that directly support children with additional or complex needs.

How SENIF and DAF Were Used in 2024/2025

During the 2024/2025 year, we invested part of this funding in several key areas to enhance our provision:

• Sensory area development — We created a dedicated sensory space within the preschool room, complete with a bubble wall, light tube and plinth, a gazebo, and a range of sensory toys to support regulation, exploration, and engagement.

• Individualised resources — We purchased items tailored to each child’s specific needs to ensure they received targeted support that promotes their development and access to learning.

Our total spend for the year was £7,884.45 .

We will continue to use the remaining SENIF and DAF funding to provide targeted support and resources that meet the individual needs of each child, ensuring they can fully participate and thrive within our setting.

• EYPP Some children are eligible for Early Years Pupil Premium (EYPP) in addition to their standard early years funding. Eligibility is based on specific criteria, and the purpose of EYPP is to enhance the learning and development of disadvantaged children.

In the 2024/25 financial year, we received £3,089.22 in EYPP funding. We use this funding to strengthen staff expertise, provide individualised support, and offer enriching experiences that children may not otherwise access.

How EYPP Was Used in 2024/25

• Staff training — £273.60 We invested in our regular Noodle Now training package to ensure staff continue to develop high-quality teaching and care practices.

• Enrichment experiences — £600 Children were given the opportunity to observe real duck and chick eggs hatching, providing a unique hands-on learning experience that supports curiosity, understanding of life cycles, and early science skills.

We will continue to use the remaining EYPP funding to ensure every eligible child has access to a wide range of meaningful activities, as well as targeted resources that support their individual development and learning needs.

Forward Financial Outlook

Looking ahead to the 2025/2026 financial year, we anticipate continued financial pressures due to rising staffing costs, increased prices, and general inflation. Government funding rates remain a concern, as they do not fully reflect the true cost of delivering high-quality early years provision.

However, demand for places remains strong, and with continued careful budgeting, we expect to maintain financial stability. The committee will continue to review expenditure, explore grant opportunities, and support fundraising efforts to ensure the preschool remains sustainable.

To mitigate risks, we will continue to monitor budgets closely, maintain a healthy reserve, and diversify income where possible.

Budget Priorities for Next Year

Our financial priorities for 2025/2026 include:

• Investing in staff training to support high-quality teaching

• Updating learning resources and outdoor equipment

• Ensuring adequate contingency funds for unexpected costs

• Continuing to improve the preschool environment

• Supporting fundraising initiatives to boost unrestricted income

Independent Verif ication of Accounts t)ate: To Whom It May C¢)ncern. conf irm that I have independently checked the f inancial accounts for Beaumont Community Preschool, Based on my review, I f ind them to be a true and accurate representation of the organization s f inancial standin9 for the period ending Signed: Printed Narne: Quolif icotion/Position: (Optionol. e.g.. Accountant. Treasurer from external org)

Beaumont Community Pre¥chool & Childcare Cpfoiip5 Annual Account 2024121J25 INCOME & EXPENDITURE ACCOUNTS - ENDING AUGUST 2025 Openin8 Balance Income Nunery Fee5 Deposit ReElstratioA Fees Late Fees Unrforni Fundraislni Giants ££7.626.1 £216,657.27 £183.00 £50. £30.00 £64.(Kl £1.999.69 £0.00 £10,768.85 £o.c £1.328.86 £3.89 £231,085.56 bank openin8 balance f57,626.10 bank clDsin8 balance E63.665.26 EVPP/sEN Savlngs Alc Other5 Bank Loyalty Reward Total Ex ndlture Wagt5 HMRC •nk Ch•r8 Ponsions Cliatlon P•tty Cash 5a8e Tèlephone Rent Nappy 81ns pMsl¢leanin8lPPE Tès¢o/Con5umabl¢s Mai•rlals/rèsourtes Unilorrn Grants Admln FundraI￿n9 EYPPISEN SavSn85 Alc Others Total £164,183.87 13,506.12 £200.11 £6.09] 66 É2,641.92 EO.LX £312.36 £2,843 38 £8,646. £735.80 £1,192.ClJ E2.365.77 £1.557.32 £559.50 £0.00 £5.094.24 £7,096.37 £4.054.72 £oc E3,965.26 £225.046.40 c1tssln￿ Ilalanee 4% at 31 August 2024 £LI.06S.26 £fj039.16

September ortober Income Nursery Fees Deposlt Re8lstration Feès Late Fe¢ Unmorm Fundralsing Grants EYPP/SEN Savlngs Alc Other$ Bank Loyalty Reward N¢y4ernbv December Januy Feivuary March May Ju Au8ust Total £16.665.18 E15,919.84 £18.811.11 £22,069.99 É22.627.55 £25.050.13 £15,594.25 £14,702.50 E15A65.7S £17,722.93 £J6,343.02 £216,657.27 £0.00 £0.00 78.00 £O.OCt £301hJ £25. £0. £o.Ik) £0. £0.00 £o.¢x) £25.(k) £0. £0.( £o.(YJ EO.OD £0. É30.IK) £183.IXI £O.t £0. £O.DD fo.(x) £0.00 £0.00 É50.00 £D.00 0.00 £30.LIJ £0.00 £0. £22.00 EO.(KI E42.00 CO.￿) £0.00 £O.(M) £D.C EO.00 £0.00 £30.LKI £246.9) £82.54 £0.( EO.00 EO.(M7 £0.00 £27.50 6.00 £98.(Kl 110.09 £1.026.50 £64.00 £0.￿) EO. £0. EO.LK) 1,311.09 EO.IXI £0.00 £0. E131.87 £0.00 £224.20 £1,999.69 £J02.rM) £o.(K¥ 0.00 609.% £858.LXI Eo.00 £0.00 £0. £o.Do f 0.00 £O.¢X) Ell16.08 £0.00 Eo. ED. 0.00 £5,647.40 £0. Eo. 10. £o.(Ai D.OD EIO,768.8S ES0O.￿j £250.( EO.(X) EO.CKJ £o,00 £0. £19.91 E3.30 £￿￿.(￿? £55. £0.00 £0.76 £0. 10.(x) £0.00 EO.Ixi fO.00 £0.00 £0.00 £0.65 £0.00 £0. £o.c £1,328.86 Eo.00 £0.00 Éo.00 É3.89 £18.527.52 £16.%5.34 £18.893.65 £22.872.36 £23,524.85 £25.678.13 £15.759.34 £17,545.( £15,86&75 É23,502.85 É16.58722 £131.085.56 June £15.285.02 £45.¢ £0.00 £o.(N) £0.00 £6.C £0.00 £424.32 fo.00 EO.00 3.13 £15,763.47 Emptrndllure Wages HMRC Bank Ch•r¢•s Penslons Citatlon Petty Cash Sa8e Telephone Rent Nappy Blns PHS/clèaninzlPPE Tescolconsumables Mate￿alS/re50￿r£@s Unllorni Grants Adml Fundralsiry EYPP/5EN Savings Alc Other5 £12,4S6.11 0.00 £24.14 £502.27 £220.16 £o.c E27.12 EI.603.36 É1,3L18.(hJ £113.20 £71.34 E224.68 f 416.90 £0 £12,829.41 £12.473.48 £12.740.58 II2.068.12 E12.562.30 f J3,805.05 É J4.716.59 £14,881.56 £14,868.05 £15,768.98 £15,013.64 £164.183.87 E2.226.35 £0. £J2.30 £o.fyJ £3,(W.85 £0. £12.13 E13.93 £O.LKI £4,478.90 £0. EO.00 £3,740.02 £12.14 £453.19 £30.76 EO.Lh) E19.18 £523.80 £18.62 r1&67 £0.00 £13,506.12 £8.65 f.?0.92 £933.14 E220,16 £488.30 220.16 £534.85 £532.93 £8,67 £S38.11 £200.11 E531.24 £220 16 220.16 £0.00 £220.16 £220.16 £574,97 £220.] 6 £478.86 £120.16 É6,091.66 £220.16 o.(M) EO. EO.IX) É28.6B £0.¢ £220.16 £o.c fO.(XI E220.16 £1,641.92 £12,Tr) E28.68 £0.00 £Z8.68 ro. fO.00 £0.00 £147.58 £12￿) £28.68 É28 68 £28.68 184.96 £107.87 £108.22 £107.87 E28.68 £107.81 £30.24 £114.76 E30.24 É312.36 £654.00 E654.i¥J £654 IKI £114.76 £J 15.13 £114.76 £654.( £56.60 EO.¢)) £1.962.C £0. £116.24 £2,843.38 £56.60 £56.60 £56.60 £690.C É62.95 £0. £6￿.00 £169.80 £690.txi £0. £690.￿ £1,646.00 £143.14 £116.92 £95.43 £S6.60 E265.91 79.64 £56.60 £136.29 £56.60 £5G.60 £735.80 £2rKJ.77 115.11 £98.73 £227.67 E44.94 £188.61 E164.33 £60.75 £162.48 EO.IK) £1,192.00 £89.48 F265.25 £69.30 £203.59 98.10 £147.21 £337.07 £189.9Q £o.crf) £0.00 EO.thI £2,365.77 £559.50 £426.87 £o.c £o.IxJ £111.78 £287.99 £11.96 £o.&) £0. EO.¢ £0.00 £1,557.32 o. £0. £0. EO.(K> ED.00 £0. £0.00 £0. £0.00 £4.34 £23.28 E612.17 Éo. £o.(MJ ES59.50 £o.IN) £O.LNJ £272.85 EO.00 £417.36 £521.70 £487.79 £48.31 £O.CXl £1.335.66 £63.48 £420.79 £o.c E352.76 £1.427.95 £9.48 £1.705.32 £304.63 E39.99 £233.02 £0. (317.99 £O.tNJ fl.601.40 £5,094.24 £979.16 £1,607.83 Eo.00 £0.00 £70.75 EO.LMI 273.60 £0.00 É749.98 £131.50 £7,096.37 £753.60 £11.99 £0.00 £0. £2,155.33 £0.00 £95.QO £0.￿) E299.50 Éo.00 £0.00 E4AIS4.72 £o.(K) £o.(K) É99. £96.99 £621.83 £5.98 £o.(KJ £0.00 £6.94 £0.00 £000 £0. £3,965.26 £21,284.42 £15.15228 £15,55&62 £19.588.61 £14.683.71 £18￿5176 QI.232.40 £19.132.49 £19.289.84 £24.6Z8.76 £16.623A9 £225,046.40 £0.00 £1.337.13 £129.52 £0. £o.(x) £584.69 19,018.62

Independent Verif ication of Accounts Date: To Whc*n It May Concern. conf irm that I have independently checked the f inanciol accounts for Beaumont COMM￿lty Preschool. Based on my revtew, I f ind them to be a true and accurate representation of the organization's financial stondiNJ f or the period endin9 Si9ned: Printed Name: Qualificatron/Position: (Optional, e.g., Accountant, Treasurer from externol org)