Trustees’ Annual Report for the period
From 01/06/2024 To 31/05/2025
Charity name: Highnam Under Fives
Charity registration number: 1058551
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To enhance and develop, care and educate the children we work with. Most are under statutory school age. Provision of pre-school child care activities for the under-fives – singing, dancing, educational play, outdoor learning, stories and crafts. Providing before and after school care for Highnam Academy pupils. |
| 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 |
|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 |
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 contnued to develop its resources to be able to provide an excellent provision for the pupils of Highnam and the surrounding area. The team work hard to provide an inclusive and vibrant learning environment where all pupils are able to make sustained progress socially, academically, physically and emotonally. Pre-school-aged children make good progress from their individual startng points. Children who atend the out-of-school club enjoy the creatve and play opportunites, where they make choices about where and what to play with. The charity has ably supported a number of children with additonal needs and this shows how inclusive and caring the team is. The team have responded extremely well to the challenges faced during this year. The provision is well-used by pre-school pupils and school pupils accessing the before and afer school provision. The team receive positve feedback from all stakeholders and have a very good relatonship with Highnam Academy. During this year the team have made updates to the outside area and provided a new access route to a grassed area of play behind the building. Thank you to the team for all their hard work. |
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
| Review of the charity’s financial position at the end of the period |
Para 1.21 | £7.6k surplus Income is down on last year by approximately £5k with a marked decrease in the amount of Early Years Funding we were able to claim. These amounts fuctuate year on year depending on the number of children we have who also use another childcare setng. Our hourly rate is lower than the funded rate so it is expected that our income will be lower in the years where we can claim fewer hours’ funding. The increase in NLW/NMW has, again, had an increase on wages for the year but our income levels are stll such that we have been able to absorb the cost. Reserves remained healthy throughout the year and we are stll operatng mostly to capacityin all sessions. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | £75k – for projects and for unforeseen circumstances |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
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 |
|
|---|---|---|
| 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 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
Constitution | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Elected |
| 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 | Constitution |
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 | Highnam Under Fives |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1058551 |
| Charity’s principal address | c/o Highnam C of E Primary Academy Wetherleigh Drive Highnam Gloucester GL2 8LW |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Stephen Dean | Chair | |||
| Liz Coldrick | ||||
| Olga Panova | ||||
| Laura Holton | ||||
| Gaynor Robey | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
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) Stephen Dean ~~ee~~ Position (eg Secretary, Chair Chair, etc) ~~ee~~ Date 12[th] February 2026 ~~—~~
HIGHNAM UNDER FIVES (CHARITY NUMBER 1058551) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME | ||
| Fees received | 101,582.60 | 87,110.25 |
| GCC Grants - Nursery Education | 62,552.70 | 82,581.11 |
| Raffles, other fundraising events and sundry receipts | 486.60 | 111.00 |
| Interest received | 1.86 | 2.40 |
| 164,623.76 | 169,804.76 | |
| EXPENDITURE | ||
| Advertising & marketing | 130.00 | 130.00 |
| Accountancy fees | 180.00 | 180.00 |
| Bad debts | 1,130.85 | 0.00 |
| Bank fees | 270.55 | 287.00 |
| Donations | 0.00 | 56.00 |
| Repairs & maintenance | 778.76 | 2,212.98 |
| Staff entertaining | 193.76 | 130.91 |
| Gifts | 89.99 | 110.00 |
| Insurance | 585.20 | 563.83 |
| Computer costs | 929.77 | 2,020.29 |
| Wages & salaries | 124,637.86 | 118,433.90 |
| Pension costs | 6,043.92 | 4,921.71 |
| Direct costs | 5,971.73 | 5,036.48 |
| Printing, postage & stationery | 311.38 | 267.13 |
| Rent | 14,280.00 | 12,250.00 |
| Staff training | (180.00) | 743.58 |
| Subscriptions | 997.76 | 469.76 |
| Telecommunication costs | 309.94 | 248.96 |
| Staff uniform | 274.78 | 1,011.23 |
| 156,936.25 | 149,073.76 | |
| (DEFICIT)/SURPLUS OF INCOME OVER EXPENDITURE | 7,687.51 | 20,731.00 |
I certify that I examined the books and vouchers on 4 February 2026 and confirm them to be in accordance with the above account and attached movement of funds statement 7 Hagpe T R Payne FCCA Date: 4 February 2026 Abaqus Limited
HIGHNAM UNDER FIVES (CHARITY NUMBER 1058551) MOVEMENT OF FUNDS STATEMENT FOR THE YEAR ENDED 31 MAY 2025
| OPENING BALANCES Debtors - trade debtors Cash at bank - current account NatWest - current account Lloyds - COIF Charities Deposit Fund Cash in hand CLOSING BALANCES Debtors - trade debtors Repairs, mainten- current account NatWest - current account Lloyds - COIF Charities Deposit Fund Cash in hand Creditors - trade creditors (DECREASE)/INCREASE IN FUNDS |
2025 £ 10,419.95 66,387.99 5,879.48 50.10 123.75 82,861.27 13,980.15 70,528.30 5,879.48 51.96 123.75 (14.86) 90,548.78 7,687.51 |
2024 £ 3,781.70 52,297.64 5,879.48 47.70 123.75 62,130.27 10,419.95 66,387.99 5,879.48 50.10 123.75 0.00 82,861.27 20,731.00 |
2024 |
|---|---|---|---|
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Highnam Under Fives On accounts for the year 31 May 2025 Charity no 1058551 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2025.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention ( ~~other than that disclosed below~~ *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 4 February 2026 ~~7~~ Name: ~~Ce~~ T R Payne FCCA Relevant professional Association of Chartered Certified Accountants qualification(s) or body (if any): Address: No. 1 Business Centre 1-11 Alvin Street Gloucester, GL1 3EJ
1
October 2018
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
October 2018
IER