Charity registration number: 01068134
LITTLE OAKS PRE-SCHOOL STOKE FERRY TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
Little Oaks Pre-School Stoke Ferry Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6—9 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 10 |
Little Oaks Pre-School Stoke Ferry Trustees' Report For The Year Ended 31 July 2025
The trustees present their report and the financial statements for the year ended 31 July 2025.
Reference and Administrative Details
Trustees
Mrs Alexandra Smith - Chair (appointed 27/02/2025) Mrs Hannah Chan - Treasurer (appointed 27/02/2025) Mrs Lara Evans - Secretary Mrs Sophie Clarkson Mrs Rebecca Harrison Mrs Sarah Whistler
Charity Number
01068134
Principal Address
47 Wretton Road Stoke Ferry Kings Lynn Norfolk PE33 9QJ
Independent Examiner
Simon Skull Simark & Co FFA, FTA Belmont House 20 King Street Thetford Norfolk IP24 2AP
Page 1
Little Oaks Pre-School Stoke Ferry Trustees' Report (continued) For The Year Ended 31 July 2025
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mrs Alexandra Smith
Trustee 28th January 2026
Page 2
Little Oaks Pre-School Stoke Ferry Independent Examiner's Report to the Trustees of Little Oaks Pre-School Stoke Ferry For The Year Ended 31 July 2025
I report to the trustees on my examination of the accounts of Little Oaks Pre-School Stoke Ferry (the Trust) for the year ended 31 July 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation 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 Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and contents 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.
Simon Skull 28th January 2026 Belmont House 20 King Street Thetford Norfolk IP24 2AP
Page 3
Little Oaks Pre-School Stoke Ferry Statement of Financial Activities For The Year Ended 31 July 2025
| Notes INCOME AND ENDOWMENTS FROM: Charitable activities: Charitable Activities Other trading activities 3 Investments 4 EXPENDITURE ON: Charitable activities: 6 Charitable Activities NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 14 |
2025 Unrestricted funds £ 130,892 711 408 |
2024 Unrestricted funds £ 142,373 556 178 |
|---|---|---|
| 132,011 | 143,107 | |
| (135,207) | (143,205) | |
| (3,196) | (98) | |
| (3,196) 63,592 |
(98) 63,690 |
|
| 60,396 | 63,592 |
The notes on pages 6 to 9 form part of these financial statements.
Page 4
Little Oaks Pre-School Stoke Ferry Statement of Financial Position As At 31 July 2025
| Notes FIXED ASSETS Tangible Assets 11 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 12 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 14 On behalf of the board Mrs Alexandra Smith Trustee Mrs Hannah Chan Trustee 28th January 2026 |
2025 Unrestricted funds £ 18,510 |
2024 Total funds £ 19,409 |
|---|---|---|
| 18,510 42,336 |
19,409 44,840 |
|
| 42,336 (450) |
44,840 (657) |
|
| 41,886 | 44,183 | |
| 60,396 | 63,592 | |
| 60,396 | 63,592 | |
| 60,396 | 63,592 | |
| 60,396 | 63,592 | |
The notes on pages 6 to 9 form part of these financial statements.
Page 5
Little Oaks Pre-School Stoke Ferry Notes to the Financial Statements For The Year Ended 31 July 2025
1. General Information
Little Oaks Pre-School Stoke Ferry is an unincorporated charity registered with the Charity Commission, registered charity number 01068134. The principal address is 47 Wretton Road, Stoke Ferry, Kings Lynn, Norfolk, PE33 9QJ.
2. Accounting Policies
2.1. 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 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Fixtures & Fittings
No Depreciation
15% Reducing Balance
2.3. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Other Trading Activities
| Fundraising events Shop income |
2025 Unrestricted funds £ 677 34 |
2024 Unrestricted funds £ 325 231 |
|---|---|---|
| 711 | 556 |
4. Investment Income
| Bank interest receivable . Net Income/(Expenditure) he net expenditure is stated after charging/(crediting): Depreciation of tangible fixed assets - owned |
2025 Unrestricted funds £ 408 |
2024 Unrestricted funds £ 178 |
|---|---|---|
| 2025 £ 899 |
2024 £ 938 |
5. Net Income/(Expenditure)
The net expenditure is stated after charging/(crediting):
Page 6
Little Oaks Pre-School Stoke Ferry Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
6. Analysis of Expenditure
| Charitable Activities Charitable Activities 7. Support Costs Employee costs Premises expenses General administration Depreciation Interest payable Governance costs Employee costs Premises expenses General administration Depreciation Governance costs 8. Independent Examiner's Remuneration Independent examination of the financial statements Other assurance services Tax advisory services Other financial services |
Activities undertaken directly £ 9,025 |
Activities undertaken directly £ 9,025 |
Support costs (see note 7) £ 126,182 |
2025 Total £ 135,207 |
|---|---|---|---|---|
| Activities undertaken directly £ 7,681 |
Support costs (see note 7) £ 135,524 |
2024 Total £ 143,205 |
||
| 2025 £ 240 - - - 240 |
2025 Charitable Activities £ 112,972 6,282 5,419 899 209 401 |
|||
| 126,182 | ||||
| 2024 Charitable Activities £ 108,950 20,007 5,223 938 406 |
||||
| 135,524 | ||||
| 2024 £ 240 - - - |
||||
| 240 |
Page 7
Little Oaks Pre-School Stoke Ferry Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
9. Staff Costs
Staff costs were as follows:
| taff costs were as follows: | ||
|---|---|---|
| Wages and salaries Other pension costs |
2025 £ 111,073 1,279 112,352 |
2024 £ 106,972 1,211 |
| 108,183 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
10. Average Number of Employees
Average number of employees during the year was: 6 (2024: 6)
11. Tangible Assets
| Cost As at 1 August 2024 As at 31 July 2025 Depreciation As at 1 August 2024 Provided during the period As at 31 July 2025 Net Book Value As at 31 July 2025 As at 1 August 2024 |
Land & Property Freehold £ 13,414 |
Fixtures & Fittings £ 29,376 |
Total £ 42,790 |
|---|---|---|---|
| 13,414 | 29,376 | 42,790 | |
| - - |
23,381 899 |
23,381 899 |
|
| - | 24,280 | 24,280 | |
| 13,414 | 5,096 | 18,510 | |
| 13,414 | 5,995 | 19,409 |
12. Creditors: Amounts Falling Due Within One Year
| Trade creditors Accruals and deferred income |
2025 £ - 450 450 |
2024 £ 417 240 |
|---|---|---|
| 657 |
13. 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.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £1,279 (2024: £1,211).
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
Page 8
Little Oaks Pre-School Stoke Ferry Notes to the Financial Statements (continued) For The Year Ended 31 July 2025
14. Movement in Funds
| 4. Movement in Funds |
||||
|---|---|---|---|---|
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 August 2024 £ 63,592 |
Income £ 132,011 |
Expenditure £ (135,207) |
As at 31 July 2025 £ 60,396 |
| 63,592 | 132,011 | (135,207) | 60,396 | |
| As at 1 August 2023 £ 63,690 |
Income £ 143,107 |
Expenditure £ (143,205) |
As at 31 July 2024 £ 63,592 |
|
| 63,690 | 143,107 | (143,205) | 63,592 |
15. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
16. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
Page 9
Little Oaks Pre-School Stoke Ferry Detailed Statement of Financial Activities For The Year Ended 31 July 2025
| INCOME AND ENDOWMENTS FROM: Charitable Activities: Charitable Activities Income from charitable activities - Fees Education Grant Other trading activities Fundraising events Uniform Investments Bank interest receivable EXPENDITURE ON: Charitable Activities: Charitable Activities Purchases Wages and salaries Employers pensions Staff training Rates Light and heat Repairs and maintenance Cleaning Insurance Licence & fees Stationery Advertising and marketing costs Telecommunications and data costs Independent examiner's fees Subscriptions Sundry expenses Depreciation of fixtures and fittings Bank charges Accountancy fees NET EXPENDITURE |
2025 Total funds £ 18,757 112,135 |
2024 Total funds £ 27,707 114,666 |
|---|---|---|
| 130,892 677 34 |
142,373 325 231 |
|
| 711 408 |
556 178 |
|
| 408 | 178 | |
| 132,011 (9,025) (111,073) (1,279) (620) (518) (2,115) (1,523) (2,126) (1,448) (240) (1,493) (1,045) (540) (240) (47) (366) (899) (209) (401) |
143,107 (7,681) (106,972) (1,211) (767) (1,258) (1,865) (14,621) (2,263) (1,138) (326) (911) (1,399) (1,087) (240) (122) - (938) - (406) |
|
| (135,207) | (143,205) | |
| (135,207) | (143,205) | |
| (3,196) | (98) |
Page 10