Registered number 1067576
Bushytails Preschool
Report and Accounts
31st August 2025
Bushytails Preschool 1067576
Report of the Independent Examiner to the trustees on the accounts of the Charity for the year endded 31st August 2025
I report on the financial statements of the Charity for the year ended 31st August 2025 which have been prepared on a Receipts and Payments basis. A Receipts and Payments basis does not account for debtors, creditors, accruals and prepayments, but such a presentation is permitted by law for smaller charities.
The Charity's trustees are responsible for the preparation of the accounts. The trustees are satisfied that the audit requirement of Section 144(1)) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the accounts be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:a) examine
the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5))(b) of the Act; and; c) to state whether particular matters have come to my attention.
Basis of opinion and scope of work undertaken
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts , and seeking explanations from you as trustees concerning such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the accounts, and in particular, I express no opinion as to whether the accounts give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
Independent Examiner's Statement, report and opinion
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , I can confirm that this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the
Commission under subsection (5)(b) of that section which are applicable; and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 130 of the Act;
(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act ;have not been met;
or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
31/01/2026 D B Heelan Licenced Accountant FMAAT 1000878
1 The Briars Waterberry Drive Waterlooville Hampshire PO7 7YH Receipts and Payments Account Unrestricted Funds
Income Receipts
| Fees 16,179.00 Grant Other Income 144,335.94 Fundraising 105.00 School clothing 331.44 Food voucher grants 125.00 Other miscellaneous 156.73 Total Receipts Direct Charitable Expenditure Rent 12,184.00 Wages, PAYE & pensions 111,155.58 Equipment 849.94 Consumables 716.50 Food vouchers 125.00 Other grant expenditure 1,039.08 Funding transfers - Administration costs 3,120.62 Fundraising costs - Building expenses 55.99 Stationery 39.51 Telephone & photocopying 235.11 Computer requisites 565.89 CRB checks 126.10 Subscriptions/Advertising 469.00 Insurance 992.55 Function costs 100.00 Cleaning expenditure 91.85 Training costs 387.79 Clothing costs 559.13 Bank charges 35.20 Other miscellaneous 27.90 Total Expenditure Net Receipts for the year Cash and Bank balances at 31 August 2024 (Unrestricted Funds) Net Receipts/Payments for the year Cash and Bank Balances as at 31 August 2025 Balances per Bank statement as at 31/08/2025 Current Account 73,780.05 Cash 1.87 Float 25.00 (Unrestricted Funds) (Unrestricted Funds) |
45,450.55 | |
|---|---|---|
| 160,514.94 28,356.37 ~~7380692~~ |
||
| ~~,.~~ | ||
| 718.17 161,233.11 |
||
| 73,806.92 | ||
| 126,070.10 | ||
| 6,806.64 132,876.74 28,356.37 |
Notes to the Accounts
Income
| 31st August 2025 16,179.00 Fees 144,335.94 Grant 718.17 Other income 161,233.11 Improved grant income due to increase in Expenditure 126,070.10 Direct 6,806.64 Other |
31st August 2024 25,186.00 117,701.98 1,556.58 144,444.56 government funding. 118,660.29 6,494.53 |
Variance (9,007.00) 26,633.96 (838.41) 16,788.55 7,409.81 312.11 |
|---|---|---|
| 132,876.74 | 125,154.82 | 7,721.92 |
Parents are contributing with donations of cleaning product and food. Substantial increase in rent due to change in which it is calculated.
Governance Costs
The charity incurred costs of £525 in connection with accounts preparation and it's independent examination.
Assets Retained For The Charity's Own Use Historic stock
of toys and equipment.
Liabilities Note
The charity had trade creditors of £189.37 outstanding at the accounts date.
Related Party Transactions
There were no such transactions in the year.
Trustees Expenses / Remuneration
No trustees were remunerated or paid expenses above those incurred on behalf of the charity.
Funds Policy
There were no endowment or restricted funds in the year.
Reserves Policy
A specific policy (BT-POL-009) was carried forward into the year setting a target working capital figure.