## **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
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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||||
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– 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**