**Charity registration number 1062209 (England and Wales)** **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|S J Flower| |---|---| ||A Owen| ||D Rose| ||J Downey| ||Z Flint| |**Charity number (England and Wales)**|1062209| |**Registered office**|The Light Dragoons| ||Robertson Barracks| ||East Dereham| ||Norfolk| ||England| ||NR20 4TX| |**Independent examiner**|Frances Kay FCCA| ||TC Farnell Clarke Limited| ||Evolution House| ||Iceni Court| ||Delft Way| ||Norwich| ||Norfolk| ||England| ||NR6 6BB| ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1| |Independent examiner's report|2| |Statement of financial activities|3| |Balance sheet|4| |Notes to the financial statements|5 - 9| ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". ## **Objectives and activities** The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The principal activity of the charity in the year under review was that of a children’s pre-school. ## **Financial review** As set out on the Statement of Financial Activities on page 3, there was a net increase of funds amounting to £7,611 in the year (2024 - £449 net deficit). The balance of reserves at the year-end outlined on page 3 & 4 was £23,547 (2024 - £15,936). ## **Structure, governance and management** The trustees who served during the year and up to the date of signature of the financial statements were: S J Flower A Owen D Rose J Downey Z Flint The trustees' report was approved by the Board of Trustees. SIGN {JA .............................. A Owen ## **Trustee** Date: ............................................. 27th January 2026 - 1 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** I report to the trustees on my examination of the financial statements of Noah's Ark Pre School (Swanton Morley) (the charity) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements 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 now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. - 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 Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached. ## **Frances Kay FCCA** TC Farnell Clarke Limited Evolution House Iceni Court Delft Way Norwich Norfolk NR6 6BB England Date: ............................ - 2 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2025**|**2024**| ||**Notes**|**£**|**£**| |**Income from:**|||| |Donations and legacies|**2**|162,116|84,112| |Charitable activities|**3**|54,773|64,280| |**Total income**||216,889|148,392| |**Expenditure on:**|||| |Charitable activities|**4**|209,278|148,841| |**Total expenditure**||209,278|148,841| |**Net income/(expenditure) and movement in funds**||7,611|(449)| |**Reconciliation of funds:**|||| |Fund balances at 1 April 2024||15,936|16,385| |**Fund balances at 31 March 2025**||23,547|15,936| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 3 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2025**_ |||**2025**||**2024**|| |---|---|---|---|---|---| ||**Notes**|**£**|**£**|**£**|**£**| |**Current assets**|||||| |Cash at bank and in hand||24,807||17,136|| |**Creditors: amounts falling due within**|**10**||||| |**one year**||(1,260)||(1,200)|| |**Net current assets**|||23,547||15,936| |**The funds of the charity**|||||| |Unrestricted funds|**12**||23,547||15,936| ||||23,547||15,936| ||||||| |The financial statements were approved by the trustees on .........................||The financial statements were approved by the trustees on .........................
27th January 2026|||| |/}
}
SIGN|||||| |..............................|||||| |A Owen
X|||||| |**Trustee**|||||| - 4 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** Noah's Ark Pre School (Swanton Morley) is a registered Charity in England and Wales. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. ## **1.5 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 are allocated on the portion of the asset’s use. - 5 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.6 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.7 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Income from donations and legacies** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |NCC funding|162,116|84,112| |**Income from charitable activities**||| ||**Unrestricted**|**Unrestricted**| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Fees|54,773|64,280| ## **3 Income from charitable activities** - 6 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **4 Expenditure on charitable activities** |**Direct costs**
Staff costs
Insurance
Postage, printing & packaging
Snack food
Toys, games & equipment
Uniform
Furniture & larger equipment
General repairs & renewals
Subscriptions
Payroll
Equipment leasing
Misc staff costs & training
**Share of support and governance costs (see note 5)**
Governance
**Analysis by fund**
Unrestricted funds
**5**
**Support costs allocated to activities**
Governance costs
**Governance costs comprise:**
Independent examination fees
Accountancy
**6**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements|**2025**
**£**
162,234
1,616
1,927
5,081
14,487
2,724
3,187
5,178
2,218
830
582
7,954
208,018
1,260
209,278
209,278
**2025**
**£**
1,260
**2025**
**£**
1,260
-
1,260
**2025**
**£**
1,260|**2024**
**£**
112,915
1,582
1,386
3,715
10,960
2,653
7,858
648
1,740
708
582
2,210| |---|---|---| |||146,957
1,884| |||148,841| |||148,841| |||**2024**
**£**
1,884| |||**2024**
**£**
1,200
684| |||1,884| |||**2024**
**£**
1,200| - 7 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Trustees** ## **Trustees' expenses** There were no trustees' expenses paid during the year ended 31st March 2025 nor for the year ended 31st March 2024. ## **Trustees' remuneration and benefits** J Downey, a Trustee, received £6,834 (2024 - £nil) for her role as a member of staff working within the nursery. ## **8 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
10
**2025**
**£**
155,066
4,650
2,518
162,234|**2024**
**Number**
8| |---|---|---| |||**2024**
**£**
109,889
1,218
1,808| |||112,915| There were no employees whose annual remuneration was more than £60,000. ## **9 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **10 Creditors: amounts falling due within one year** |Accruals and deferred income
**11**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**£**
1,260
**2025**
**£**
2,518|**2024**
**£**
1,200| |---|---|---| |||**2024**
**£**
1,808| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. - 8 - ## **NOAH'S ARK PRE SCHOOL (SWANTON MORLEY)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **12 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 April**|**Incoming**|**Resources**|**At 31 March**| |---|---|---|---|---| ||**2024**|**resources**|**expended**|**2025**| ||**£**|**£**|**£**|**£**| |General funds|15,936|216,889|(209,278)|23,547| |**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**At 31 March**| ||**2023**|**resources**|**expended**|**2024**| ||**£**|**£**|**£**|**£**| |General funds|16,385|148,392|(148,841)|15,936| ## **13 Related party transactions** There were no disclosable related party transactions during the year (2024 - none). - 9 -