Nestlings Pre School Trustees. Annual Report Year ended 31 August 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2024. Achievements and performance As we emerged from Covid restrictions the Preschool proved to be popular within the local community providing an early years education to over 35 children during the year. Nestlings provided a safe and stimulating environment where children flourished. Strong key worker links helped children to reach their potential. Fundraising and keeping fees low made the setting affordable to all families. Good relationships were formed with parents and approachable staff ensured families were supported at all times. Flnancial revlew Reservces policy The charity has a policy to maintain adequate reserves in order to fulfil its functions for a period after any loss of income. In accordance with this policy, an allocation has been made of £17,000 of reserves as a redundancy fund. An additional £3,500 has been allocated as a contingency fund to cover running costs without any funding for a period of three months. Finally, £3,000 of reserves has been allocated to potential council grant reclaims, and £3,000 for any emergency building repairs. Structure, governance and management The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. FAU 8EA Nestllngs Pre School Independent Examlner's Report to the Trustees of Nestllngs Pre School Year ended 31 August 2024 I rel￿ to the trustees on my examination of the financlal statements of Nestlings Pre School ('the charity,) for the year ended 31 August 2024. Responslbllltles and basls 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 ('the Act,). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examlnerfs 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 charity as required by section 130 of the Act; or the financial statements do not accord with those records; or the financial statements 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 fairf 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. Charlton Baker Limited Independent Examiner 33 Duke Street Trowbridge Wiltshire BA14 8EA Nestlings Pre School Ststement of Flnanclal Activities Year ended 31 August 2024 2024 Unrestricted funds Total fund8 Total funds 2023 Note Income and endowments Donations and legacies Other trading activities Investment income 113,775 965 161 113,775 965 161 114,615 399 102 Total income 114,901 114,901 115,116 Expendlture Expenditure on charitable activities Total expendlture 119,115 119,115 119,115 119,115 119,041 119,041 Net expenditure and net movement in funds (4,214) (4,214) (3,925) Reconciliation of funds Total funds brought forward Totsl funds carried forward 25,094 20,880 25,094 20,880 29,019 25,094 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Th• notes on pageg 6 to 11 form part of these financlal 8tatements. Nestlings Pre School Ststsment of Flnanclal Position 31 August 2024 2024 2023 Note Flxed assets Tangible fixed assets 11 3,096 4,162 Current assets Debtors Cash at bank and in hand 12 358 19,324 19,682 176 22,306 22,482 Credltors: amounts falling due wlthln one year Net current assets 13 1,898 1,550 17,784 20,880 20,880 20,932 25,094 25,094 Totsl assets less current liabilities Net assets Funds of the charity Unrestricted funds 20,880 20,880 25,094 25,094 Total charity funds 16 esef nancial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by: S Stone Tntstee The noteg on pages 6 to 11 forni part of these financlal ststements.