Accounts 2024 - 2025 Charity No: 1087651 Pre. Committee 2024 12025 Chairperson Sophia Reader Treasurer Stephen Mccomiick Secretary Patricia Evans Committee Members Samantha Ingham Doreen Quayle Laura Horsley Leslie Moss (Church representative) Kerry Masters Sam Macfarlane st Report of the trustees for the year onded 31 March 2025 Introduction The aim of the charity is to provide free pre-school education to children between the ages of two years nine months to four years for a maximum of twenty children. selected by an admissions list. This admissions list operates on a date of birth priority system. Spinney Pre-school was formed in April 2001. Activities of Spinney Pre-school Pre School have continued to promote an educational, happy, and warm environment ensuring all children are encouraged to continually leam and develop. We have nurtured children's development by catering for individual needs and interests. We have a successful committee who are enthusiastic and supportive in all that they do. All committee members have had a suitability letter. We continue to teach children through their interests and topic themes, which included The Gruffalo, The Very Hungry Caterpillar, All about Me, Superheroes, Winter and People who Help Us. We have continued to develop links with outside agencies, such as St Michaels with St Thomas Church, we had Chicks on IM)eels come into Pre School to entertain the children at our Christmas party and inviting Paul Delaney in to do some singing with the children. We also had lots of Visitors in for our topic People who Help Us. This included Red Watch (Fire Fighters), Poli￿, Nurse, just to name a few. We have good links with the Early Years Partnership Team and continue to have links with the Early Years Alliance. We have continued to develop our outside play area and enhance the continuous provision by adding resources such as a climbing frame which promotes climbing, crawling etc and the children absolutely love it. We continue to use our allotments and have enjoyed plants'ng with Mrs Masters and also grown our own potatoes. We have also continued to self-moderate learning areas in order for us to purchase new equipment. The outdoor area is a big success, and we are extremely happy that we can continue to access outdoor play regularly with the children, although, we are still looking to make an outdoor classroomlquiet area under the canopy. We monitor our practice through the operational plan, the self-assessment for Ofsted and through reports given to us from the Early Years Team and the LA. We also do room area moderationlassessment, weeklyltopic evaluations, and peer on peer observations to maintain high standards through self-reftection. We share information with Parents and Carers through diaries, newsletters, emails etc. Again, we decided to not have meetings with Parents at the end of the year, but if Parents need to chat, we do have an 'Open door policy,. Staff put a business plan together every April with objectives for the following year. Our Facebook p8ge is 'Great success, as we constantly have had plenty of positive feedback from the Parentslcarers. We have continued to put what we will be having for snack on Facebook to inform them. Parents seem to like this as they know what their child is eating between mealtimes. Our 30-hour sessions continue to be a great success, and the children are benefiting from this. Running of the Pre-school Income Generation. During the 2023-24 year the pre-school r￿1Ved local authority grants totalling £68,278.80. This equates to 87.25 % of the pre-school income for the year and is £8,860.11 lower than 2023-24. This is due to reduced pupil numbers. During the 2024-25 year we were able to host an Easter and Christmas bingo which raised £2,161.81 for our fund raising for the fijll year. This was an increase of £224.61 on the previous year. Parental subs and snack money raised a totsl of £6,901.98. (This represents 8.82% of the income received). Also. during the year, the setting received £100 of charitable donations. Resources Expended Wage costs are the largest expenditu￿ item for the pre-school, amounting to £61,761.53 for the bNO permanent members of staff, 1 part time member of stsff and temporary covering staff paid on an ad hoc basis. £7,256.59, was paid in taxes and Nl. The pension's contributions totslled £3,235.86 for the year. In total the employment costs were £72,253.98 which is 92.29Yo of total income. Total Expenditure of £85,275.28 represents 108.93Yo of the income received. During the year our expenditure on electricity and water totalled £1,114.66, which is 1.420/0 of our total income. During 2024-25 the Pre-school spent £403.94 on fixed assets. which equates to 0.52Vo of income. This was intentionally kept low, knowing that employment costs would be higher this year. Other significant items of revenue expenditure are snacks for the children at £1,522.31, 1.940/0 of income and bookkeeping costs of £1,122.63, 1.43Yo of income. Building & Contents insurance came to £1,516.44, which was an increase due to an increase of cover. Our trips and transport cost £1,214.23 which is 1.55Yo of income, which was offset by £842.50 received from the parents for trips. This year the Pre-school has made a deficit of £6,990.29. The closing cash balance for 2024-25 was £85,564.68. This is made up of the 2023-24 available balance of £92,554.97 - the deficit of £6,990.29 to arrive at the balance of £85,564.68. This is a sustainable balan￿ for the coming financial year. Govomanca and Intemal Control The Committee is selected at the Annual General Meeting from nominations, voted on by the rasiding commitleo of Parentslcarers and then other interasted parties. There is a staff representalive at each meeting. Staff cannot be elected on to the committee because they are paid by ihe committee. The Committee shall consist of three officers (Chair, Secretary and Treasurer) and not less than bNO or more than nin6 elected memb8rs and if the Committee so decides not more than three members ctropted by the Committee. Officers, elected member's and co-opted members each have one vote. In the event of a tie the Chair has a second or casting vote. A quorum shall be not less than half the Committee, including two of the officers. No cfropted members can sit for more than four consecutive years. The Committ88 meets at least thr88 times a year plus whenever an issue n88ds to be resolved. AJI decisions taken by the Committee are discussed in full and voted on at the meetings. Charity Law and Accounting Standards. Charity law requires the committee 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 surplus or deficit for that period. In preparing those financial statements the committee have.. - selected suitable accounting pollcies and applied them consistently. made judgements and estimates that are reasonable and prudent. prepared the financial statements on the going con￿rn basis. The Committee have overall responsibilty ft)r ensuring that the charity has appropriate Gontrol systems. financial and otherwise. They are also responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity law. The Committee are aso responsible for safeguarding the charivs assets, and hence for laking wsonable steps for the prevention and detection of fraud and other irregularities. The committee have discussed the issue that a registered Auditor needs to be appointed to verify the yearly accounts and this matter is bèing dealt with. Approved by the Truslees oniTqias and signed on their behalf by Sophia Reader (Chairperson) INDEPENDENT ACCOUNTANTS REPORT TO THE TRUSTEES OF SPINNEY PRE￿cHOoL I report to the trustees on my examination of the financial statements of Spinney Pre-school for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparats'on 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 ft)Ilowed all the applicable D1￿CtionS given by the Charity Commission under section 145{5)(b) of the Act. Independent examinerfs 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: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or 2. the financial statements do not accord with those records., or 3. 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 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. Giles Mattocks FCA Independent Examiner Mattocks Grindley Chartered Accountants 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OINN Date .1. uY.1.. 25- Receipts and Payments Account for the Year ended 31st March 2025 Income Local Authority Grants 68,278.70 Parental FeeslSnad( Money Trip Fund Raising Charitable Donations Bank Interest 6,901.98 842.50 2.161.81 100.00 0.00 Total Income 78,284.99 Exponditur• Fixed Assets Salary Costs Tax&NI Pension Contributions Insuran Rental of Mobile Unit Heating, Lighting & Water RepairslGeneral Repairs & Maint. DBS Checkslotsted Snacks Gardening Materials - Stationery Materials- Art Materials- Cleaning Consumable's pclprinter Consumables Clothing Gifts Reg Charity Donations Book Keeping Fees Legal fees Information Commission Umbrella Licence (Media) Entertaining Educational Visitor General Expenses Postage Intemet Website & Software Telephone Photography Journals Training School Trip Health & Safety First Aid EYPP Funded Purchases Totsl Exponditure 403.94 61,761.54 7,256.59 3,235.86 1,516.44 0.00 1,114.68 0.00 1,465.00 102.00 1,522.31 14.00 399.27 206.58 334.00 72.31 305.13 0.00 537.13 0.00 1,122.63 0.00 35.00 154.48 68.17 150.00 0.00 0.00 946.65 203.82 5.70 151.20 0.00 1,214.23 286.01 12.45 678.18 85,275.28 Surplus l (Deficit> for the year -6,990.29 Movement on Reserves at 31st March 2025 Current assets Opening Balance 92,483.39 71.58 92,554.97 0.00 92 554.97 Closing Balance 85,524.98 39.70 85,564.68 0.00 85 564.68 Change Cash at Bank Cash at Hand Surplus l (Deficit) Restricted Fund Total -6,958.41 -31.88 4,990.29 0.00 990.29 Notes fomiing part of the financial statements for the year ended 31 March 2025. 1) Accounting Policies a) Basis of Preparation The financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" 2005, and with applicable accounting standards. These financial statements are drawn up on the historical cost accounting basis. b) Status Spinney Pre-school is a ￿gIStered Charity, No. 1087651. c) Fund Accounting All restricted funds have now been used and the balance is now zero. All other funds were unrestricted and are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. d) Income Rosourees All income resources are included in the Statement of Financial Affairs when the charity is legally entitled to the income and can be quantified with reasonable accuracy. e) Resources Expended All expenditure is accounted for on a receipts and payments basis, consistent for charity with a Gross income or total expenditure over £10,000 (but with gross income not over £100,000) in the relevant financial year. fj Tangible Fixed Assets and Depreciation All assets purchased by the pre-school have been included in the valuations. Items that have been donated have been excluded because of the difficulty of assigning a historical value. An estimated economic life of the assets has been assumed to be three years. 2) Donations and Glfts 2024-2025 0.00 0.00 100.00 100.00 Lottery Grants Corporate Donors Private Donations 3} Staff Costs Trustees Remuneration No trustees received any emoluments during the year. 2024-2025 Salaries Social Security Costs Pension Contributions 61.761.53 7,256.59 3 235.86 72,253.98 4) Tangible Fixed Assets Due to the small size of the pre-school all items of spending on fixed assets have been accounted for. For depreciation purposes a useful life of three years has been assumed for these items. Flxed A850ts 2016-2017 20174018 2018-2019 201￿2020 202￿2021 2021-2022 2022-2023 2023.2024 2024-2025 8.468.02 6.813.14 1.050.09 2.011.70 150.00 400.00 6.329.22 859.19 400.00 4885.73 1789.80 400.00 4709.09 710.21 400.00 3575.79 3095.93 600.00 4564.66 2066.88 600.00 4338.89 1757.72 600.00 4100.03 403.94 600.00 Addition$ Dl$posalJ I off Atyear End 9.368.09 8.427.84 6.788.41 6246.63 5019.30 6071.72 6631.54 5496.61 3903.96 DopY•¢latlon 2,554.95 2,098.62 1.902.68 1536.44 1443.51 1507.07 1692.65 1396.68 1196.06 Not book Value 6.813.14 0,329.22 4,885.73 4709.09 3575.79 4564.66 4338.89 4100.03 2707.90 5) Debtors The pre-school did not have any debtors at the year*nd. 6) Creditors The pre-school did not have any creditors at the year*nd. 7) Financial Commitments The pre-school did not have any outstanding financial contracts or commitments at the year*nd.