HONEYBEEZ PRE-SCHOOL (REGISTERED CHARITY NUMBER 1095969) TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 HONEYBEEZ PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The committee present their report and the financial statements of the charity for the year ended 31 March 2025. Charity number 1095969 Principal address Bassett Green Primary School Honeysuckle Road Southampton Hampshire S016 3BZ Trustees Maria Maragkou Louisa Holman Kellie Goddard Megan Pitt Independent examiner J E Harris FCCA Knight Goodhead Limited 7 Bournemouth Road Chandlerfs Ford Eastleigh Hampshire S053 3DA HONEYBEEZ PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRucfuRE, GOVERNANCE AND MANAGEMENT The charity was set up under its Constitution as Honeybeez Pre-school. Officers The officers who served the charity on the Committee during the year were as follows: Maria Maragkou- Chairperson Louisa Holman- Trustee Kellie Goddard - Trustee Megan Pitt-Trustee Election of Committee The Constitution gives detailed instructions as to the number of trustees and members of the committee: The committee shall consist of three officers and not less than two nor more than nine elected members and should the committee so decide. not more than three members co-opted by the committee. At least 60% of the committee members. including co-opted members, be parents or guardians of the children in groups run by the pre-school. In the event that this 60% figure cannot be achieved, the pre-school may elect affiliate members who are not such parents or guardians to the committee subject to each of those affiliate members being approved at a special general meeting of all the members of the pre-school. The above officers and committee members shall be elected for life at the annual general meeting. Co-opted members may join at any time on the invitation of the committee but shall retire at the next Annual General meeting. No co-opted member shall serve for more than six consecutive years. In the event of the death or resignation of the elected member, the vacancy shall be filled until the next Annual General Meeting by a member appointed by the board of trustees. Officers. elected members and co-opted members each have one vote. The Annual General Meeting shall be held in the autumn term each year. The Secretary or Chair may at any time call a Special General Meeting. Risk Assessment The Committee has identified that it is exposed to normal risks, and in doing so has established control systems, which comply with the requirements of current legislation in order to manage those risks. Whilst the charity is a not-for-profit organisation. the committee has to ensure that day-to-day operations of the pre-school continues. This is achieved by the backing of an educational grant, volunteer officials and fees charged to parents {which are structured to cover staff and the general operations of the charity). There have been no changes made to the setting in the past year. HONEYBEEZ PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES The aims and objectives of the charity is to enhance the development and education of children primarily under the statutory school age by the provision of appropriate play. education and care facilities ensuring that the pre-school offers Opportunities for all children whatever their race, culture, religion, means or ability. RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES Trustees are elected in accordance with the Constitution. Once elected, all committee members are subject to an enhanced DBS check and to a Credit Report. Training will be given on the provision of childcare and appropriate areas of the control and administration of the pre-school such as first aid, obligations to OFSTED, bookkeeping and relevant law and employment guidance. REVIEW OF THE YEAR Achievements and performance This year we have undertaken a lot of training to help impact our practice. We currently take 10 two-year olds per session. We had a school trip to Paulton's Park to celebrate the end of the year with children and staff. Financial ￿port Income for the year totalled £235,305 12024- £208,782) with expenditure of £204,894 12024- £198,889) resulting in a net income for the year of £30.411 (2024.. £9,893). The trustees continue to keep budgets under close review to ensure the viability of the pre-school going forward. Staffing We have had a good year with staffing and all staff have remained the same. OFSTED We had Ofsted in March 2023 and received a good rating. We are now in the 6 year rotation so can be reviewed any when in the next 6 years. FUTURE PLANS The next financial year Our plans for the future include ensuring we have more younger children so that they will be here longer to help with the low intake each September. HONEYBEEZ PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 RESERVES POLICY The pre-school has a policy to retain cash reserves to cover the overheads for a period of greater than four months. The balance of cash funds at 31 March 2025 was £89.342 12024.. £89.9311, which currently equates to just over five months expenditure and is therefore in line with the policy. The trustees keep the level of reserves under close review. INVESTMENT POWERS The funds of the pre-school shall only be used for the purposes of the pre-school and no payment shall be made to any member except for any remuneration in respect of employment by the pre-school. No other formal arrangements exist within the constitution for any specific investment powers and their authority. Signed on behalf of the committee, Maria Maragkou Trustee Approved by the Trustees on 2610112026 INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF HONEYBEEZ PRE-SCHOOL I report to the trustees on my examination of the accounts of Honeybeez Pre-school for the year ended 31 March 2025 which are set out on pages 6 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 Charites Act 2011 {'the Act'l. I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 145{5llbl of the 2011 Act. Independent Examiners 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.. 111 accounting records were not kept in respect of the Trust as required by section 130 of the Act. or 121 the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. J E Harris FCCA Knight Goodhead Limited Chartered Accountants 7 Bournemouth Road Chandler's Ford Eastleigh, Hampshire S053 3DA HONEYBEEZ PRE-SCHOOL Registered Charity No. 1095969 RECEIPTS AND PAYMENTS Accoumf FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds Restricted funds Total 2025 Total 2024 RECEIPTS Grants and fees Interest received 234.822 234,822 483 208,395 387 TOTAL RECEIPTS 235.305 235.305 208.782 PAYMENTS Staff costs Isee note 21 Staff training and welfare Telephone and internet Printing, postage and stationery School trips Catering School equipment Consumables Clothing costs Legal and professional fees Rent Repairs and maintenance Insurance Bank charges and interest Accountancy {inc. Independent exam) 162,113 1.364 735 3.685 1,511 8.311 2,222 542 399 225 18,314 162,113 1,364 735 3,685 1,511 8,311 2,222 542 399 225 18,314 148,856 1.411 493 3.958 912 8.828 2,656 327 223 383 22,836 4.009 1,254 213 2,530 2,521 192 2,760 2,521 192 2,760 TOTAL PAYMENTS 204.894 204,894 198.889 NET RECEIPTS IN THE YEAR 30.411 30,411 9,893 CASH FUNDS AT I APRIL 58.931 58,931 49,038 CASH FUNDS AT 31 MARCH 89.342 89,342 58.931 HONEYBEEZ PRE-SCHOOL Registered Charity No. 1095969 STATEMENT OF ASSEfs AND LIABILITIES AT 31 MARCH 2025 2025 2024 CASH FUNDS Current account Deposit accounts Cash in hand 55,362 32.443 1,537 27.287 30.973 671 89,342 58,931 ASSETS RETAINED FOR CHARITY'S OWN USE Fixtures. fittings and play equipment LIABILITIES OWED PAYE liability Pension contribution Bank charges 4,080 504 io 4,594 1,844 391 20 2.255 Approved by the committee on 26101/2026 and signed on its behalf by Maria Maragkou Trustee HONEYBEEZ PRE-SCHOOL Registered Charity No. 1095969 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 I PREPARATION OF ACCOUMtS The accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011. 2 STAFF COSTS 2025 2024 Salaries and wages Employer's national insurance Employer's pension 154,474 4,963 2,676 162,113 142.538 3,772 2.546 148.856 No employee received emoluments above £60,000 during thi5 or the prior year. No trustee was paid remuneration during this or the prior year. No trustee was reimbursed expenses incurred on behalf of the charity during this or the prior year.