Charity number 1080344 The Shore Pre-School Unaudited Accounts 31 March 2025
The Shore Pre-School Contents Information Trustees' annual report Independent examiner's report Statement of Financial Activities Statement of Financial Position Notes to the accounts 1
The Shore Pre-School Information Trustees Miss K Constable (Chairperson) Ms G Giles Ms M Pothecary Accountants Cochrane & Co Accountants Limited 38 Kings Road Lee-on-the-Solent Hampshire PO13 9NU Bankers Lloyds TSB Plc Woolston Branch Southampton Address Weston Shore Infants School Foxcott Close Weston Southampton Hampshire SO19 7JQ
The Shore Pre-School Trustee's annual report for the year ended 31 March 2025 The trustees present their report together with the financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's constitution, the Charities Act 2011 and the Charities SORP. Governing document e organisation is constituted with charitable principles governed by a Standard Pre-Sch arning Alliance (PLA) constitution. In the event of the organisation being dissolved, the membe have no liabilities. Any assets would be transferred to the PLA. Manangement committee Committee members are elected for a term of one year, and can be re-elected for a total term not to exceed ten consecutive years. Membership Membership is divided into two types, family and affiliate. Family membership covers parents and guardians of children attending the pre-school. Affiliate membership is open to individuals, organisations or other bodies interested in supporting the aims of the pre-school. Objects and activities he organisation's aims are to enhance the development and education, primarily under the statutor school age. The organisation promotes these aims through offering appropriate play, education an care facilities. Public benefit The main activities for public benefit undertaken during the year were the provision of child care sessions from Monday to Friday for 38 weeks of the year. The trustees are responsible for the overall running of the pre-school and held regular meetings luring the year. The trustees have had regard to the guidance on public benefit issued by th charities Commission, when exercising any powers or duties to which the guidance may be relevan Reserves policy The trustees have decided that reserves are required to; cover short term expenditure incurred whilst waiting for the next funding payment, provide security for the future of the pre-school, enable the pre school to meet statutory requirements for sick pay for it's staff and to meet redundancy costs in the event of the pre-school closing. At 31 March 2025 unrestricted reserves totalled £182,091 and restricted reserves totalled E14,249, giving total reserves of £196,340. 2
The Shore Pre-School Trustee's annual report for the year ended 31 March 2025 Financial review and funding The principal funding source continues to be the subsidy provided by Southampton City Council These funds are topped up by the fees charged to parents and guardians, together with the other fund raising activities. "his year the organisation has continued to expand the education and care facilities to include specific staff training and equipment for special needs children The organisation continues to work towards raising money for capital equipment. Statement of trustees responsibilities; The trustees are responsible for preparing the Trustees' Annual 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 & Wales/Northern Ireland 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 these financial statements, the trustees are required to: -select suitable accounting policies and then apply them consistently; -observe the methods and principles in the Charities SORP 2015 (FRS 102); -make judgements and estimates that are reasonable and prudent; -state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; -prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (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. Approved by the management committee on 19.12.25 Signed on it's behalf by; Katrina Constabe Chair
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The Shore Pre-School Registered charity number 1080344 Independent Examiner's Report to the Trustees of The Shore Pre-School on the accounts for the Year ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2025, which are set out on pages 5 to 8. Responsibilities and basis of report As the charity's trustees 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 charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed applicable Directions given by the charity Commission under section 145(5)(b) of the Act. Independent Examiner's Statement The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW. 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or . the accounts do not comply with the applicable requirements concerning the form and content counts set out in the charities (Accounts and Reports) Regulations 2008 other than an 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 J Cochrane, FCA ICAEW Roduare Cochrane & Co Accountants Limited, 38 Kings Road, Lee-on-the-Solent, Hampshire, PO13 9NU 12/01/2026 4
The Shore Pre-School Statement of Financial Activities for the year ended 31 March 2025 Incoming resources Grants Fees Fundraising Bank interest Transferred from Weston Pre-School Other grants Other Total Incoming resources Resources expended Fee earning activities Wages and salaries Employer's NI Employers pension Staff benefits Recruitment Clothing costs Trips and events Equipment, including garden Unrestricted funds € 237,720 13,124 1,329 33,257 285.537 Restricted funds € 191,543 12,493 248 24,274 5,700 234,258 211,195 11,829 3,745 1,497 11,961 790 284 1,276 800 200 34 5,626 249,237 184,395 9,639 2,757 1,613 14,196 880 1,390 545 220 5,988 221,623 Total Funds 2025 € 429,263 25,617 555 1,129 57,531 5,700 519,795 395,590 21,468 6,502 3,110 26,157 790 284 2,156 2,190 745 254 11,614 470,860 Total Funds 2024 € 382,400 39,859 743 1,067 10,312 37,170 471,551 323,236 13,485 4,777 2,488 26,920 1,647 551 2,113 2,123 1,358 576 15,117 394,391
The Shore Pre-School Statement of Financial Activities for the year ended 31 March 2025 Bookkeeping Stationery, postage and photocopying Repairs and renewals-property Subscriptions Staff training Depreciation Total resources expended Net incoming resources Tosa unis bout underd Total funds carried forward = 1,320 2,805 1,742 1,114 674 1.197 2,974 321 4,923 335 17.405 266.642 18,895 163,196 182,091 6 35 95 13,651 235,274 1,016 15,265 14,249 95 31,056 501.916 17,879 178,461 196,340 - - - 85 744 49,239 129.222 178,461
The Shore Pre-School Statement of Financial Position as at 31 March 2025 Notes Fixed assets Equipment, machinery and motor vehicles 12 Current assets Stock of clothing Outstanding fees Cash at bank Prepayments Current liabilities Accruals Net current assets Net assets Funds of charity Unrestricted fund Net unrestricted surplus for the year Restricted fund 2025 € 23,300 2024 18,287 150 3,245 172,766 176,161 3,121 150 3,748 161,010 790 165,698 5,524 173,040 196,340 163,196 18,895 14,249 196.340 These accounts were approved by the trustees on 19. 102,25 and signed on it's behalf by; 160,174 178,461 129,222 33,974 15,265 178,461 Katrina Constable Chair 7
The Shore Pre-School Notes to the Accounts for the year ended 31 March 2025 Accounting policies Basis of preparation of accounts le accounts have been compiled on an accruals basis for the information of the pr hool committee and it's members. As such, the preparation of these accounts governed by the SORP (FRS 102) and with the Charities Act 2011. The accounts include the transactions of both The Shore Pre-School and it's linked charity. The linked charities figures are included in restricted funds. The charity is unincorporated The charity is a public benefit entity. Incoming resources All incoming resources are included in the Statement of Financial Activities, when the harity becomes entitled to the income and the amount can be quantified with reasonab ccuracy. The following specific policies are applied to particular catagories of income Fee income is received from the local Education Authority and from parents and guardians. This is included in the accounts on a receivable basis. Clothing, brochures and items for resale are included as income when they are sold. Income from grants and subsidies are accounted for when received. Outgoing resources xiades any ( To gich a on ae recovered and is reported as part ore opened er cludes any VAT. W which it relates. Governance costs include those costs associated with meeting the constitutional anc statutory requirements of the organisation Fund accounting Unterane or the aims of the for use at no decried or to ree come e linked charity. Stocks Stock represents the value of unsold clothing and brochures at the balance sheet date. Depreciation Depreciation has been provided at 25% reducing balance 8
The Shore Pre-School Notes to the Accounts for the year ended 31 March 2025 6 7 Pre-School Learning Alliance The pre-school is a member of the Pre-School Learning Alliance, and as such, is exempt from taxation on its activities. Management Committee No members of the management committee received any remuneration during the year. o committee member or other person related to the charity had any personal interest ny contract or transaction entered into by the organisation during the yea Accumulated Fund All funds and assets are for the benefit of the pre-school members. Employee numbers There were 27 employees during the year (2024 29 employees). Presentation currency The accounts are presented in Sterling. Independent examiners fees During the year fees of £2,784 were paid to the Independent examiner. Trustee remuneration During the year two trustees were paid remuneration as follows; Ms G Giles £46,340 M Pothecary £34,584 Amounts were paid via their contracts of employment with the pre-school. Trustees expenses No expenses were paid to trustees in the year. 10 Employees No individual employee was paid over £60,000. 11 Related party transactions. There are no related party transactions. 9
The Shore Pre-School Notes to the Accounts for the year ended 31 March 2025 12 Plant, machinery and motor vehicles Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 Of the assets purchased during the year £2,547 related to the linked charity. Plant and machinery 45,589 12,780 58,369 27,302 7,767 35,069 23,300 18,287