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Re8lstered Charlty No. 1077895 Pogos StEPPING StONES PRE-SCHOOL ANNUAL REpoKfAND HNAIKIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 STEPPING sfoNES PRE-SCHOOL REPORT AND FINANCIAL sfATEMENrs FOR THE YEAR ENDED 31 AUGUST 2025 Contents Importsnt Dats Trustee's Report Independent Exarniner s Report Statement of the Financial Activities Notes to the Financial Ststements sfEPPING STONES PRE-SCHOOL REPORT AND FINAN￿￿ STATEMENrs FOR THE YEAR ENDED 31 AUGU￿ 2025 Important Data Charity Number 1077895 Trust Deed Constitution was adopted on 18 February 1999 Custodian Trustee Tina Gibbons I Chairperson ) Appointed Novernber 2015 Committee of Trustee5: Ruth STwinbourne { Treasurer I Appointed November 2018 andTreasurer from July 2019 ADDointed November 2017 Appointed November 2016 Appointed November 2015 Appointed July 2019 Resigned August 2025 Sophie Sellwood { Secretsry I Christian Fowler Tina Casburn Alice Poynton Emrna Jackson Charity s Principal OFfice Stepping Stones Pr&School Aldborough Primary School Alby Hill NorwKh Norfolk NRII 7PH Banker5 The Co-operative Bank plc PO Box 101 18alloon Street Manthester M60 4EP Independent Examiner KA Eke FCCA Oak Cottage Bridge Road Colby Aylsharn Norfolk NRII 7EA sfEPPING sfoNES PRE-SCHOOL REPORT OF THE COMMfTTEE OFTRusfEES FOR THE YEAR ENDED 31 AUGUST 2025 The committee presents their annual report and the financial statements for the year ended 31 August2025. Status Stepping Stones PrfrSclH)ol is a registered charity I no. 10778951 established by a constitution d(Kument dated 18 February 1999. The accounts are compliant with current ststutory requirements in accordance with the constitution documenL Prlndpal Attlvltles The principal activity of the trust Is that of a nursery school. This is achieved by fees paid for attendance tr6ether with fund raisin& grants and donations. Revlew of De¥elopmenL P£tl¥ftles abd Athlevements made durlng the Year The committee believes the trust's affairs to be satisfactory with a surplus achieved this year of £6,320 compared to last year 5 deficit of £5,374. There was a significant increase in subsidies received from Norfolk County Council this year, though the fee5 being generated from pupil numbers fell considerably. The drop in fees refiects a significant fall in local birth rates since late 2020, which has reduced the number of children on our books. In addition. due to the countrywide drop in nursery age children, one of the larger nurseries in the area has begun accepting children from age 2 rather than age 3, which vrds their previous starting age, which means rnany thildren now start there and bypass us entirely. this downward trend is expected to continue. The trust continues to rely upon the unpaid services of several individuals who live within the locality. The finances (rf the trust however. remains secure with funds of £35.513 being held in bank accounts with The cwperative bank plc. Reserves Pollcy The financial security of the pr&school is dependent on the number of children mown8 into the locality and upon the birth rates, which have been falling in recent times and are expected to continue to fall for the next few years. We need reserves to keep services running in times of lower children numbers attending. We Y￿uld like to maintain the current reserve levels which roughly equate to six months expenditure. Secretsry KAEKE Norf¢lk 17EA 01263 733958 Independent Examlners. Reportto the T￿Stee$ of Stepplng Stones Prtrschool. I report on the accounts for the year ended 31 August 2025 which are set out on pages 5- 7. Respecifve respon51bllliles of tfU5tees and examlners The charity"s trustee5 are responsible for preparing the accounts. They consider that the charity does not require an audit under section 144121 of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to: Examine the attt*unts l under section 145 of the 2011 Act ) Follow the procedures laid dovm in the General Directions given by the Charity Commissioners l under section 1451511 b l of the 2011 Art I stste whether particular matters have come to my attent￿n Basls of Independent examlnffs. rewt My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a revtew 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 frorn the trustees concerning such matters. Independent examlners" stthmwt In connection with my examination, no matters have come to my attention: l. Which give5 me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with Section 130 of the 2011 Act and To prepare accounts which accord wTrth the accounting records and to comply wrth the accounting requirements ot the 2011 Act Have not been met. or 2. To which, In my opinion. attention Should be drawn in order to enable a proper unde nding of the accounts to be reathed. KA Eke FCCA Sdeuq&b. FCCA STEPPING STONES PRE-SCHOOL STATEMENTS OF RNANCIAL ACTIVMES FOR THE YEAR ENDED 31 AUGusf2025 Unrestrfcted Restrlrted Funds Funds Totsl 2025 Totsl 2024 RECEIPTS Fees Fund Raising 13,768 13,768 28.376 13,768 13,768 28.376 OTHER RECEivrs NCC Subsidy Bank Interest t)onations 57,038 414 57,038 35.554 414 463 27 57.452 57,452 36,044 TOTAL INCOMING RESOURCES 71.220 71,220 64,420 DIREcf CHARITABLE EXPENDftURE Wa8e5, NIC and Pension 53.042 53,042 56.773 ADMINISTRATION EXPENSES Refreshments Professional Fees and Registration Fees Postage, Ststionery and Computer Cons Telephone and Intemet ght, Heat. Rates and Water Insurance Equipmentand Maintenance Training and Courses Sundry Fund Raising Expenses Cleaning Bad Debts 693 693 2.546 169 893 1,957 642 2,663 596 749 2,119 764 3,173 172 169 893 1,957 790 2,286 95 971 2,286 95 971 1,458 1,458 1,055 11,858 11.858 13,021 TOTAL PAYMENTS 64,9W 69,794 NET SURPLUS / DEFICTf OF INCOMING RESOURCES OVER PAYMEN 6.320 6.320 -5.374 srEPPING STONES PRE-SCHOiiL srATEMENTS OF FINANCIALAcnvmES FOR THE YEAR ENDED 31 AUGusf 2025 Unre5tr1rted Restrlcted Funds Funds Totsl 2025 Totsl 2024 NEf SURPWSI DEFICtroF INCOMING RESOURCES OVER PAYMENrs 6,320 6.320 -5.374 Fund Balances Brou8ht Forward at I September 2024 29,086 29.086 34,460 Fund Balances Carrled Forward at 31 August 2025 35,406 35,406 29,086 REPRESEKfED BY: CURRE￿ ASSEfs Debtors and Prepayments Business Select In5tsnt Acces5 Account Charity and Community Bank Account 50 24,123 11.390 24.123 11.390 28,709 1,165 35,563 35,563 29,874 CURREKf UABILMES Creditors and Accruals 157 157 788 ASSEtS 35.406 35,406 29,086 The financial ststements on pages 5- 7 were approved by the trustees on and are signed on its behalf, below. We confimi that the records trdether with the information and explanations provided to K A Eke constitute a true and corr&t record of all the transactions of the Trust for the year ended 31 August 2025. irperson Treasurer srEPPING sfoNES PRE-SCHOOL NOTES TO THE FINANCIAL ￿ATEmEP￿$ FOR THEYEAR ENDED 31AUGUST2025 General Notes Basls of Accounilng The financial statements have been prepared in accordance with the Ststement of Recomrnended Prdctice: Accounting by Charitie5. Interest Recelved Interest received consists of interest received on the charity"s bank deposit account. Trustees No remuneration or other benefts bvere paid to the trustees or people connected with thern by the charrty. No transactions were undertaken bythe charity in which a trustee or connerted person has a material interesL Expendlture The amount paid forthe independent examiner 5 fee 15 £375. There were no grants to institutions. The charity does not have any endowment funds. The charty does not have any investrnent assets. Employees Number of Employees The average mnthly number of employees during the yearwas: 2025 2024 Number Number Trustees { of whom 3 are officers: 2024- 31 c>tfieers staff