Treasurer’s report September 2024- August 2025 Ashwell Preschool
(formerly known as Ashwell Playgroup)
I am pleased to report that Ashwell Preschool had another profit making year, as a result of the knock on effect of the government changes to both the amount of money the local council pays to childcare settings for funded 2- and 3-year-old children and the number of hours of free funding for three-year-olds that parents are eligible for, all of which came into effect from April 1[st] , 2024.
During the academic year we retained a stable staff of 5, including our long serving Manager and Deputy Manager (both level 3 Early Years Educators) and an additional level 2 Early Years Practitioner, who joined us in October 2023. We were pleased to welcome back Kat Richardson in January 2025 after her maternity leave. One further non-qualified worker extended her hours, and we are now supporting her training to become a level 3 qualified Eary Years Educator.
In September 2024 there were 12 children on the register. By the end of term in July of 2025 there were 19 children on the register, 12 of which had participated in the usual transition activities up at the village school within the summer term, ready to join the school nursery class in September 2025. We are very grateful to the Early Years team at the village school for their help with hosting these events.
Our staff set up and ran the messy play tent at the Ashwell Village Show in August 2024 and received a generous grant from the show committee in return. Additional fund-raising events held during the school year included selling Christmas wreaths made by volunteers at St Mary’s church Christmas Fair (Dec 2024), and provision of teas, coffees and car parking staffing for the village’s Ashwell at Home event in May 2025.
| Christmas wreaths | £745.00 | ||
|---|---|---|---|
| Ashwell at Home | Donation for car parking | **(this ** | fell into the 25/26 accounts |
| period) | |||
| Teas and cake stall | £70.00 | ||
| Ashwell Show | Grant | £1563.29 | |
| TOTAL | £2378.29 |
I am delighted to report that we ended the accounting year in profit: £8,180.89
During 2025 I have continued seek out new trustees. With new trustees in place, the conversion of the charity to a CIO can progress finally, allowing for a simplified and streamlined constitution and removal of any financial liability from the trustees.
Merry Pertwee, Treasurer, Ashwell Preschool
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool Annual Accounts
for Year ended 31 August 2025
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 August 2025
| YEAR ENDED 31 August 2025 | |
|---|---|
| CONTENTS | |
| Page | |
| Trustees information | 1 |
| Profit and loss account | 2 |
| Accounting policies | 4 |
| Committee approval | 5 |
| Accountants report | 5 |
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool for Year ended 31 August 2025 ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 August 2025
| Trustees | Meredith Smith |
|---|---|
| ADDRESS: | Village Hall |
| West End | |
| Ashwell | |
| Hertfordshire | |
| SG7 5PJ | |
| ACCOUNTANTS: | The Wright Account Services Ltd |
| 16 Walkdens | |
| Ashwell | |
| Herts | |
| SG7 5RU |
Page 1
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 August 2025
| INCOME Childcare income Fund raising Events Income Grants & Donation Interest Income |
2025 £ 71,288 815 1,582 186 |
2024 £ 51,624 1,395 3,056 114 |
2024 £ 51,624 1,395 3,056 114 |
|---|---|---|---|
| Total income | 73,872 | 56,188 | |
| Cost of Sales | |||
| Cost ofGoods Sold | 445 | 317 | |
| DirectExpenses | 49 | 10 | |
| Total Cost of Sales | 494 | 327 | |
| Gross Profit | 73,378 | ||
| 55,861 | |||
| EXPENDITURE | |||
| Advertising& Marketing | 73 | 71 | |
| Audit & Accountancy fees | 2,350 | 2,571 | |
| Bank Fees | 1 | 9 | |
| Equipment & Materials | 764 | 669 | |
| Entertainment-100% business | 344 | 326 | |
| Insurance | 560 | 808 | |
| Snacks | 324 | 266 | |
| Printing& Stationery | 220 | 200 | |
| IT Software and Consumables | 475 | 412 | |
| Rent | 7,424 | 7,829 | |
| Salaries | 51,467 | 35,193 | |
| Staff Training | 500 | 498 | |
| Pensions Costs | 391 | 140 | |
| Subscriptions | 50 | 176 | |
| Telephone & Internet | 254 | 229 | |
| Total Expenditure | 65,197 | 49,398 | |
| Taxable (loss) / profits | 8,181 | 6,464 | |
| Profit for year | 8,181 | ||
| 6,464 |
| Total Expenditure | 65,197 | 49,398 | ||
|---|---|---|---|---|
| Taxable (loss) / profits | 8,181 | 6,464 | ||
| Profit for year | 8,181 | 6,464 |
Page 2
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool NOTES TO THE ACCOUNTS
YEAR ENDED 31 August 2025
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the cash accounting policy.
Tangible fixed assets
Assets need to be of a value higher than £500
Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. There are currently no assets.
Plant & Equipment 25% reducing balance basis Computer Equipment 25% reducing balance basis
3. FIXED ASSETS
| COST At 1 September 2024 Additions At 31 August 2025 DEPRECIATION At 1 September 2024 Charge for the year At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 31 August 2024 |
Equipment Computer & Fixtures Equipment Total £ £ - - - - - |
|---|---|
| - - - - |
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| - - - - - - |
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| - - - - |
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| - - - - |
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| - - - - |
Page 4
Docusign Envelope ID: 50D35539-E2DB-8BF5-8133-7CF5DC34E9EA
Ashwell Preschool
APPROVAL AND ACCOUNTANTS REPORT
YEAR ENDED 31 August 2025
COMMITTEE APPROVAL
The accounts were reviewed by the committee and formally approved on:
ACCOUNTANTS REPORT
We have prepared the accounts on pages 1 to 4 from the books, records and explanations of the partnership and they are in accordance therewith, without carrying out an audit.
----- Start of picture text -----
The Wright Accounts Services Limited
16 Walkdens
Station Road
Ashwell
Herts
SG7 5RU
Signed By Date Signed
Meredith Smith
6/22/2026
----- End of picture text -----
Page 5
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Ashwell Playgroup (Hertfordshire)
On accounts for the year 31 August 2025 Charity no 1081830 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2024 .
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 18 June 2026 Name: Emma Farquhar BFP FCA Relevant professional ICAEW member number 9251030 qualification(s) or body (if any): Address: 43 Medcalfe Way, Melbourn, Cambridgeshire SG8 6HU
1
October 2018
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
October 2018
IER