2025-02-28-accounts

Charity number: 1061716

DALTON PRE-SCHOOL NURSERY

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

DALTON PRE-SCHOOL NURSERY

CONTENTS

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 4
Independent examiner's report	5 - 6
Statement of financial activities	7
Balance sheet	8
Statement of cash flows	9
Notes to the financial statements	10 - 21

DALTON PRE-SCHOOL NURSERY

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 28 FEBRUARY 2025

Trustees

SSgt Robert Johnson (resigned 6 January 2025) J Millar D O'Hara, Chair

Charity registered number

1061716

Principal office

Dalton Barracks Abingdon Oxfordshire OX13 6JB

Accountants

James Cowper Kreston Chartered Accountants Apex Forbury Road Reading Berkshire RG1 1AX

Page 1

DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT FOR THE YEAR ENDED 28 FEBRUARY 2025

The Trustees present their annual report together with the financial statements of the Charity for the year 1 March 2024 to 28 February 2025.

Objectives and Activities

Policies and objectives

To aid the efficiency of the Armed Forces by the provision of local child care facilities which enable timely parental return to the workplace. The setting aims to provide a caring, stimulating environment providing children with the opportunity to learn through play. Places remain open to every family, supporting a culturally diverse community.

Main activities undertaken to further the Charity's purpose for public benefit

Dalton Pre-School Nursery delivers day care facilities and learning for children aged 0-4 years. Close to the town of Abingdon, the Nursery is registered on the Early Years Register and both the compulsory and voluntary part of the Childcare Register. It is managed by a Committee made up of staff, parents and Army personnel. The Nursery has 60 children on roll and supports children with Special Educational Needs and/or disabilities, and those with English as an additional language. Most children attending have parents serving in the Armed Forces. It is open on weekdays during school term times, from 0800hrs until 1700hrs. A play scheme operates in the school holidays.

When exercising our powers or duties during the year, the Trustees have considered the Commission’s guidance on public benefit.

Achievements and performance

Review of activities

The Chair of Trustees and Manager continues to build and maintain effective, collaborative and sustainable working relationships within a busy Pre-School.

60 Children registered within Pre-School setting, running to near capacity.

Training of staff continues at pace with staff attending both external and internal courses such as, paediatric first aid, safeguarding, equality and diversity, food and hygiene, characteristics of effective learning and observation assessment and planning.

A very busy year for the setting. Dealing with the local personnel changes and a large ongoing challenge with the Barrack’s supporting infrastructure, specifically the main heating pipes. The nursery is supplied by a temporary generator. The end of year graduation was a huge success as always, bidding a fond farewell to the children and parents who were moving on to a new chapter in their lives.

Dalton Pre-School is a team managed by a manager of 28 years’ experience who employs staff within both the military and civilian community. This cross section of experience enables the manager to meet the needs of the children within a thriving diverse setting.

Page 2

DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025

Financial review

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Principal funding

The charity’s major source of income is derived from government funding. The Nursery is in receipt of funding for the provision of free early years education for children aged nine months to four years.

The Nursery Manager and Committee secured additional grants through local authority and the Army welfare organisation to further enhance resources to provide children with a good challenging range of play and learning experiences, both indoors and outdoors.

The Nursery Management team continued to review and improve financial process, successfully moving all fee payments to online banking by parents. There is a work place pension scheme, not all staff have signed up to the scheme.

Current financial position

Total Income Total Expenditure Net Income/(expenditure) before gains and losses Profit/(loss) on investment Net movement in funds Funds brought forward Funds carried forward	2025 2024 £ £ 423,101 304,584 386,061 310,013 37,040 (5,429) 571 747 37,611 (4,682) 90,488 95,170 128,099 90,488

The reserve account contained £30,748. This is held to ensure that should the camp close, all the associated costs involved in the task of closing the nursery could be met.

Reserves policy

The Trustees have a set level of reserves around £30,000 to cover at least 3 months of expenditure. The actual level of reserves at the year-end was £128,099.

Structure, governance and managing

Constitution

Dalton Pre-School Nursery is governed by a constitution. The principal object of the charity is the provision of local child care facilities for children aged 0-4 years.

Method of appointment or election of Trustees

Trustees are appointed or reappointed annually at the Annual General Meeting.

Page 3

15 December 2025

DALTON PRE-SCHOOL NURSERY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 28 FEBRUARY 2025

Independent Examiner's Report to the Trustees of Dalton Pre-School Nursery ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 28 February 2025.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity'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 2011 Act.

Independent Examiner's Statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

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.

Page 5

DALTON PRE-SCHOOL NURSERY

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed:

Dated: 16 December 2025

Mr Alexander Peal FCA

James Cowper Kreston Chartered Accountants Apex Forbury Road Reading Berkshire RG1 1AX

Page 6

DALTON PRE-SCHOOL NURSERY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2025

Note Income from: Donations and legacies 2 Charitable activities 3 Investments 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net income/(expenditure) before net gains on investments Net gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2025 £ 22 422,729 350 423,101 377,584 377,584 45,517 571 46,088 70,146 46,088 116,234	Restricted funds 2025 £ - - - - 8,477 8,477 (8,477) - (8,477) 20,342 (8,477) 11,865	Total funds 2025 £ 22 422,729 350 423,101 386,061 386,061 37,040 571 37,611 90,488 37,611 128,099	Total funds 2024 £ 279 304,305 - 304,584 310,013 310,013 (5,429) 747 (4,682) 95,170 (4,682) 90,488

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 10 to 21 form part of these financial statements.

Page 7

15 December 2025

DALTON PRE-SCHOOL NURSERY

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUARY 2025

Note Cash flows from operating activities Net cash used in operating activities 16 Cash flows from investing activities Interest received Interest paid Purchase of tangible fixed assets Net cash provided by/(used in) investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 17 The notes on pages 10 to 21 form part of these financial statements	2025 £ 62,517 350 (97) - 253 62,770 59,635 122,405	2024 £ 1,590 301 (84) (638) (421) 1,169 58,466 59,635

Page 9

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Dalton Pre-School Nursery meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 10

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

1. Accounting policies (continued)

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following bases:

Freehold property	- 20% Straight line
Plant and machinery	- 20% Straight line
Fixtures and fittings	- 20% Straight line
Office equipment	- 20% Straight line

1.5 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 11

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

1. Accounting policies (continued)

1.8 Liabilities

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

1.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

1.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

1.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

2. Income from donations and legacies

Donations Grants Total 2025 Total 2024	Unrestricted funds 2025 £ 22 - 22 5	Restricted funds 2025 £ - - - 274	Total funds 2025 £ 22 - 22 279	Total funds 2024 £ 5 274
				279

Page 12

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

3. Income from charitable activities

Unrestricted funds 2025 £ Fees from parents 422,729 Total 2025 422,729 Total 2024 304,305	Total funds 2025 £ 422,729 422,729 304,305	Total funds 2024 £ 304,305
		304,305

4. Investment income

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Investment income - bank interest	350	350	-

5. Analysis of expenditure on charitable activities Summary by fund type

Unrestricted funds 2025 £ Direct costs 377,584 Total 2024 301,536 Summary by expenditure type	Restricted funds 2025 £ 8,477 8,477	Total 2025 £ 386,061 310,013	Total 2024 £ 310,013

Direct costs Total 2024	Staff costs 2025 Depreciation 2025 £ £ 318,991 9,208 256,930 9,196	Other costs 2025 £ 57,862 43,887	Total 2025 £ 386,061 310,013	Tota 2024 £ 310,013

Page 13

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

5. Analysis of expenditure on charitable activities (continued)

Summary by expenditure type (continued)

6.	Independent examiner's remuneration
		2025	2024
		£	£
	Fees payable to the Charity's independent examiner in respect of:
	Independent examination and accounts preparation	3,870	3,720

7. Staff costs

Wages and salaries Social security costs Pension	2025 £ 295,101 18,862 5,028 318,991	2024 £ 237,604 14,870 4,456
		256,930

The average number of persons employed by the Charity during the year was as follows:

2025	2024
No.	No.
20	19

No employee received remuneration amounting to more than £60,000 in either year.

During the year the remuneration and benefits received by key management personnel totalled £58,006 (2024: £52,230)

Page 14

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).

During the year ended 28 February 2025, no Trustee expenses have been incurred (2024 - £NIL).

9. Tangible fixed assets

Cost or valuation At 1 March 2024 At 28 February 2025 Depreciation At 1 March 2024 Charge for the year At 28 February 2025 Net book value At 28 February 2025 At 29 February 2024	Freehold property £ 42,720 42,720 42,720 - 42,720 - -	Plant and machinery £ 2,627 2,627 2,465 54 2,519 108 162	Fixtures and fittings £ 55,557 55,557 35,014 8,680 43,694 11,863 20,543	Office equipment £ 5,840 5,840 4,382 474 4,856 984 1,458	Total £ 106,744
					106,744
					84,581 9,208
					93,789
					12,955
					22,163

Page 15

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

10. Fixed asset investments

Cost or valuation At 1 March 2024 Revaluations At 28 February 2025 Net book value At 28 February 2025 At 29 February 2024	Listed investments £ 10,834 571
	11,405
	11,405
	10,834

11. Debtors

Trade debtors Other debtors Prepayments and accrued income	28 February 2025 £ 219 253 3,443 3,915	29 February 2024 £ 2,430 253 - 2,683

Page 16

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

12. Creditors: amounts falling due within one year

Other taxation and social security Other creditors Accruals and deferred income Resources deferred during the year	28 February 2025 £ 2,943 8 19,630 22,581 28 February 2025 £ 15,760	29 February 2024 £ 877 230 3,720
		4,827
		29 February 2024 £ -

Funding received in the year has been deferred to correspond to the term the funding relates to post year end.

Page 17

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

13. Statement of funds

Statement of funds - current year

Balance at 1 March 2024 £ Income £ Expenditure £ Gains/ (Losses) £ Balance at 28 February 2025 £ Unrestricted funds General Funds 70,146 423,101 (377,584) 571 116,234 Restricted funds MOD grants 20,342 - (8,477) - 11,865 Total of funds 90,488 423,101 (386,061) 571 128,099 The restricted fund represents a grant from the MOD, specifically from the 'Early Learning & Childcare Fund'. The money has been granted for the benefit of enhancing the learning experiences of military children in the nursery. Statement of funds - prior year Balance at 1 March 2023 £ Income £ Expenditure £ Gains/ (Losses) £ Balance at 29 February 2024 £ Unrestricted funds General Funds 66,625 304,310 (301,536) 747 70,146 Restricted funds MOD grants 28,545 274 (8,477) - 20,342 Total of funds 95,170 304,584 (310,013) 747 90,488	Balance at 28 February 2025 £ 116,234
	11,865
	128,099
Unrestricted funds General Funds Restricted funds MOD grants Total of funds
	20,342
	90,488

The restricted fund represents a grant from the MOD, specifically from the 'Early Learning & Childcare Fund'. The money has been granted for the benefit of enhancing the learning experiences of military children in the nursery.

Page 18

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

14. Summary of funds

Summary of funds - current year

General funds Restricted funds	Balance at 1 March 2024 £ 70,146 20,342 90,488 Balance at 1 March 2023 £ 66,625 28,545 95,170	Income £ 423,101 - 423,101 Income £ 304,310 274 304,584	Expenditure £ (377,584) (8,477) (386,061) Expenditure £ (301,536) (8,477) (310,013)	Gains/ (Losses) £ 571 - 571 Gains/ (Losses) £ 747 - 747	Balance at 28 February 2025 £ 116,234 11,865
					128,099
					Balance at 29 February 2024 £ 70,146 20,342
Summary of funds - prior year
General funds Restricted funds
					90,488

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 28 February 2025 £ Tangible fixed assets 1,090 Fixed asset investments 11,405 Current assets 126,320 Creditors due within one year (22,581) Total 116,234	Restricted funds 28 February 2025 £ 11,865 - - - 11,865	Total funds 28 February 2025 £ 12,955 11,405 126,320 (22,581)
		128,099

Page 19

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

15. Analysis of net assets between funds (continued) Analysis of net assets between funds - prior year Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 29 February 2024 £ 1,821 10,834 62,318 (4,827) 70,146	Restricted funds 29 February 2024 £ 20,342 - - - 20,342	Total funds 29 February 2024 £ 22,163 10,834 62,318 (4,827) 90,488

16. Reconciliation of net movement in funds to net cash flow from operating activities

Net income/expenditure for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges (Gains)/losses on investments Interest received Interest paid Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash provided by operating activities 17. Analysis of cash and cash equivalents Cash in hand Total cash and cash equivalents	28 February 2025 £ 37,611 9,208 (571) (350) 97 (1,232) 17,754 62,517 28 February 2025 £ 122,405 122,405	29 February 2024 £ (4,682) 9,196 (747) (301) 84 18,720 (20,680) 1,590 29 February 2024 £ 59,635 59,635

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

18. Analysis of changes in net debt

					At 28
	At	1	March		February
			2024	Cash flows	2025
			£	£	£
Cash at bank and in hand			59,635	62,770	122,405

19. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £5,028 (2024: £4,456). No amounts were outstanding at the balance sheet date.

20. Operating lease commitments

At 28 February 2025 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year Later than 1 year and not later than 5 years	28 February 2025 £ 3,292 - 3,292	29 February 2024 £ 4,389 3,292
		7,681

21. Related party transactions

During the year there were no transactions with the Trustees.

Page 21