Annual report from Preschool Chair
The last year has been a difficult one for me on a personal level and I have had to be away for much of the time. Although I am usually available at the end of a telephone or email but I hope the next year I will be able to concentrate on the Pre-school, although I know our wonderful staff have everything covered.
Our main barrier to fundraising has been lack of volunteers to help but I hope this will change as we have some willing volunteers.
The Pre-school lease has finally been signed and is for a further 10 years, I just have to negotiate the minefield of Stamp duty for which I believe we are exempt as a charity and Land registry as the lease is over 7 years. I am loath to employ the services of a solicitor as this will incur charges and we do not have the money for this.
The new building has been a delight to operate from and we have received money for Tesco and Gawcott Solar Farm to enhance the outside space and we are going to apply to Waitrose token scheme to buy further outside resources.
Funraising ideas for the coming year include an Easter Egg trail already arranged for March 28[th]
A Quiz
Sip and paint event,
Christmas Wreath making.
Any other ideas are welcome.
We are so lucky to receive continued support form our lovely community. So a big thank you to everyone.
Thanks to all for your support.
Claire Groves
Preschool Chair
Acorn Ilmlted b REPORT FIP4ANCIAL STATEAIENTS an uarantee istered Char 1099962
IN Acom REP RT AND FINANCIAL ST PRE4CHOOL LIIAITED TEM R&port of lh• manag>&nI Cc¢Amrtto• 2to4 Imlependent Examinar Repcrft Siatomfrnt ol Finanual Acb¥'•9 Balance Sheet Notes lo Ihe FinaTrxl Stalements 8t012
TIN KPRE CH om lirnrted b REPORT OF THE MANA L uhwfED uaran OM141rrrEE LY The Management Committee F)resents its rewjrt and finan¢k4 ststernents lor the £r erNled 31 lY 2025. EFERENCE AND )ulP41 TrATIVE114FORMA CharAy Nam•: Ting9wk PTtrScfvy)l Limi Charity R•oistration Numb•r. 1099962 CoMpY R•gi$tration Numb•r. Ch1732632 (England and W8lesl Regl•t•r•d Ome•: wa Cottage Slothey5 Lane Tingewick BuekirvJh8msl*e MK18 4QX Operatlonal Addr•M'. Main Slr¢&t Ting0ck Buckingham¥hir 4K18 4NL Manaq•m•nt Commltt••: at 31 July 202S aalre f?roves (Chairl e Wd5iams Ickntgoing Tr&asuror} Alison Rixson IlncA)ming TrSreTI Richard Timm$ (Souotaryl Ind•p•nd•nt E%•min•r. Jcjhn Dullon IFCAI B•nk•r•: HSBC 'cesler Braneh 1 Sheop Stt OX26 &IA
TINGEWICK PRESCHOOL LIMITEO Acom limited b REPORT OF THE MANAGEMENT COMMITTEE FOR THE Y NDED 31 JULY 2025 an uarantee STRUCTURE GOVERNANCE AND MANAGEMENT Governin Docvrnt The organ4sation Is a charitsble eompany limrted by guaranteè. incorporated on 13 April 23 and registered as 8 charty in Junè 2003. The company w8s established under a MÈmorandum of Assoeiation which establishod the objects and powers of the ch3rFt8ble company and is govefned under rts Articles of Association In the event ol the company being wound up membw5 are required to Contribute an amount not exceeding t1. Recruitment and ntm mm The directors of the company are also eharrty iiuslees lor the purpose of charity law and under the company's Articles are kn¢)vm as members tsf the managent Commrtlee Th8 rnanègemenl committee are decied by the membership al the annual gonwal meèting and can serye for thr•& years before requiring Tedelectson To ènhance the development and education of children undef statutory 5¢h¢ol agé in a parènt-lnvomng, communty-based group To prepar• children for school in a sale. secur• and stsmulating environment To work wthin a fram*+York which ensums equalty of opportunity for all ehildrèn and families. To continue to operate wrthin our finarKial conraints. namely to ansur8 that exp8nditur• does not exceed Ineome. <> ¢> To encourage and support ovr staff to develop thwr knth¥le49• and slIS wh8r8 appropriate. RF RMAN <> Supporting children Mth Special Educalional Needs. wilh limited finanryol support. enabling their Inclusion wthin mainstream pre-school eilucalion <> The ntrl building in Tingewck 1$ now in pla¢e and fvlly opèrational from Nov•mbor 2024. ANCIAL REVIEW <> Incorne received Irorn oyr lee5 and ¢ouneil fundin9 has decreased from £109,191 last year to £88,790. This is because of ¥ delay in the Autumn term to Open fully Overall Income h95 decreased, goin9 from £120,018 last ytsaf to £91,305. Thi8 exclude5 the monies received 1è5t year frc¥n tha In$uranco ¢vmpany In relation to the Arson attack. Donations received th15 year totalled t399. Exp•ndrture has irKrè85ed. wn9 frDm £95,865 last y•af to £98.577. Premi5e5 e¥pen$8s rèmain high due to the alaim set up costs of£8,1, and fencing of £3,tX)O. Tht5 year there wa5 a trading dèfiut of income over oxpenditure of £9,or2. <> <> <>
EWICK PRE- Acom REP RT CH aran MANAGEMENT 02S RESPONSIBILMES OF THE r COAIMrrrEE Compaw law requires ihe ManagerrÈnl Committee to prepare fjnancial st8mlS for oach financial yeaf which give 8 Irue and fair V of Ihe stale ol affaiis of the charitable Company 8s at the balan¢e sheet dalo and ol ils incomjng resouFces and 3ppJiealJon ol resc4Jr¢es, induding JnLome an(J expenditure. for tre finanLial year. In weparir¥J those finanrJal stat8monts, lh8 ManagWnt Cmlee ShOd fL4k)w best p{aCt and".- Sd¢ct Sultsblo a¢Cwnt1 ptlici85 and Ihgn appjy thèm consistsnttr. 8ko iudgments and 8skn"maLes Ihat a rgasonatAe and prUdt,. aTr Prepare flnandal st8rnenl8 on tho going COrM basis unl8ss It is inapprowlate to 855um8 thal the Company wiw continue on that b8sis. The MAnagemont Commitlee is fesponsibte for mainInIng proper accounttrn9 records which disclose wilh ieAsDn8trAe accurao at any D"me fin8naal rAWt of the chBiitable ccffi7pany and 10 enable ikm lo onsurc that Ihè fift8nci818lal¢m6Ys comrAy wlh Companies Act 2006. The M8n8gement Committee is also reSpSible for safeguarding the assets ol the chartsble t(Nnpany and hènce f taking reasonable steps for Ihe preventw)n and O&tects"on of fraLJ and other trregularitses. mm Membors ol tho M8nagement Commrlteo. who are dlr•dors for th& purposo of Cornpany low and tNblees for the purpose OT ch•rfiy law. who seryed during the year and up to Iht date of this feport are Set out on page 2. In 8ccord#neè wrih company18w, as Il Comp8nls Drt¢lcrt. w• eértify that.. So far as we are aware. Ihgro is no rdevant accowbTrJ inforynation ol 1th the Company8 Independent Examlner18 Un3.. and As Direciorg ol Ihe Company we have taken 811 the sw that OL4ht to have thk&n in der lo make ours•lv8s awaro ol any relevani accounlry Inlom)ats"¢ and to est81h that the Company's Independent Examinèr ts awarr of that infom81th. Thls ropNt has been prepared In accordae with the 5pe¢ial pr(Nlslon$ rgla*'ng lo companitss subject lo Ihe small companies regime wlhin P4115 01 the Ctsrnpanies Act 2006. It was approv8d by the bo8nl on ......... ....................................... . sgfted on its behalf. IPr¥p Cl•lr• Gro$ Chalr of the Management Commlttee
TINGE7+YICK PRE4CHOOL LIMrrE Eta DEPENDENT EXNINER's REP RT I rep)rt on thè acccwnts of the company for the year ond&l 31 2025. which are set out on pagos 6 tD 12. PON IBIUnE AND8 OF REPORT As chanty trustees of Ihe Company lajvj also ts Thrector5 lor Ihe purtThes ol Company Lawl you a r9sponsi& for the preparation ol the aG¢(xJiits if7 wrth tho WUiTgrnents of the CofflpBni85 Act 2006 Ith8 20 Acti HaviNJ sabsfiod mwlf thal Iho accounts ol the Cryany are not rèquir8d to audit•d under Part 16 of the 20 Act and are elIge for iThJependenl examinaiion. I rel in respect of my examinatw)n of your Compènrfs acct$ as carl out und8r seclTrcn 14S of Ihe Chanties Acl 2011 Ilhe 2011 Acti. In carrying oul my examin8ts.on I have fdloWl the Direttions given by the Charihes Commi*sion under section 145(Sllbl ol the 2011 ACL DEPENDENT EXAMINER. I hlive u)mplet8d my 8mination. l Lonfirm that Th) fflat18rs havo comg to my att9n11 in Comeclion th the examination gsving me cause to bel¥• Ihal in nterIal accourFtin9 r8cords w8r? not kgpt in rospoct ot the Company as rèquir1 by sèction 388 of th8 21Y)6 Act. I hav8 no concem$ and have corne across olher matters in eth110n wilh Ihè examinatn lo attenbon shc4Jld be drawn in this rert in Or to enth a proper urthrstar¥Jlr4J of the acrLJunts lo be roachod John Dutton FCA IICAEW} 87 High Street Nash MK17 OEP Dato
GEc an 16mlt•d b F FINAN uaranlee STATEMEN EXPEN ACC UN 1 JULY 202 Unrestricled R•8trlcted Totsl Fund8 Total Funds 2025 2024 Incoming R•sourc Pre-schtjd fees PrhOc1 fundin9 Ottt•r lundirya Donabons Fund raising Othèr itK(#ne Insurance Claim Int8fe$t receivable 12,6C 76.184 12,6D6 76,184 12,S96 96.596 3.250 2,217 3,780 158 6.181 1.422 1,80 21 21 Tot Irthming r6soLYCeS 91.305 126,199 Re•ouKes Exp•nd•d Dlrecl exFwKlknr8 198.5771 {1.7SOI 1100,3271 1121.3651 Il•t m0m•nI in r•sourc•s for th• fln•n¢i4 y• 18.2721 (7501 19.0221 4.634 R•ronelllatlon of lunds Totsl fund5 brought lonvard 144.158 1,750 145,906 141.074 Tran•ler Total fund* e#rrSèd fort¥ard £135.886 £1,LM)O £136.886 £145,906 Th• slatemont of financial advfties IdeS all gains and 1055e5 in tha y•ar. Al kxomlng reswrces arkl reswrces 04)oThJ8d domie from ¢(11nuIn9 &tiviti'e5. The rte$ on pages 8 to 12 fonn part olthese finant7al st818mBnts.
BU11ra 134. 149.9)3 Cwh al b8fflk C&•h in hand 16,282 21,783 141.074 (8,4 110,019) 15.333 141,074 (13.Cml 119,Cml £136,8e6 £145,)8 Unrestrkl•JS fvnd• Rmtricted funds 11 12 135,888 144.158 1,75) £1.986 £145. to Wb Pro& d s•raI 47TI11 of 2C(6. h not r•4uir•J Ch¥ity, ¥Jer s•con 476 of1 . to otrt•in •n forth• y•ar •nded 31 JLty 2025. Th• Memb•rs Acntrl•&Je thw'r r(Th.1 (or onsuring Ih•t the Ch&rity and pr•paring fin¢1•4 $t•twnffits fw"r ¥i¢wofts thle ol AffAlrs ofthe Chty As at 31 JIAY 2025 cl rts toss for fv yw then ervjèd Ihe r•qum)wts r8lab.ng to compgns wtpct to sm•1 rmp•nbes 15 olthe Cfjmpani?sA(20C6 Blgned Its b*K•Y 17131z6
TIN L LIMI nt PART Ju limrt FORMIN OTE STA SUMhlARYOF FICANT ACCOUNTING POLJCIES (al G•n•ral Information •nd Basls of Pr•parailon Tingw( Pr&Schoc4 Linited 4 a Charitabje Ccnpany lirnilod by gu3rantee In England ar>d waes. In the event ol the Charity b&ng Wn up, ts Iu8blity in respect of Ihe guafantee Ilmiteij lo £1 per memter of the Charty. Th• address of the regislerpd office is giv6n in Ihe Chaty Inf0malK on Page 2 of these Statetwwts The n8ture of the Chaiitls operations and principal actsvits are as per the obVe$ and a¢e5 shown on Page 3 ol Ihe repon oflhe manaqemeni ccffimittee. The ChwTty ¢StilS a benofil entity as defined by FRS 102. The Financi Statomenls have bean prnpaied In 8cc(Kd8llce ¥hTlh ACIntl9 8rM Repo"n9 by Charth'es.. Sialement of Recommended Pradice icatAe to ch11 preparin9 Iheir accounts in aCcoanCe wilh the FinatxI Repth"NJ Siandard ap¢?t1e In the UK and Republ of Ireland {FRS 1021 Issu8d on 16 July 2014 las updalgd through Upd8te Bulknin 1 publishgJ on 2 Fgiwuary 20161. Ihe Flftarn¢i Rop(xting Stand¥d app4ir3ble in thè Unit8d Kingdryn and Republ of IreL4nd IFRS 1021. the Charities Act 2011, thg Compani85 ALt 2006 arKI UK Genaralty Accounllng PracU¢e. The Charity has appl Update Blen 1 as t4%1 on 2 Fèbruary 2016 end do85 not Indudtr a cash now slatemenl on tho grcrt1 th•t tl is FRS 102 Seclk)n 1A The Finan¢i4 Stalemenls have bÈen prepared lo give a 'lrue falrf view and have departed from Charflies (Accounts aTrJ Reports) RegulaiL)ns 2C¥)8 only to thc extont fyquirod tr) Owtle a'tru8 and lair vw.. This d•p3rfure has Invdved fijlowng the Accountr"ng and Rgporting ChsAr1kn.. Slalern8nl RgcommerKd PradKo Charitie5 pr8paring Ih8ir 8ccount8 In accordancfj with the FInan01 Reportin9 SlandBrd apF4ieabl• in tho UK and Repu1¢ of Irdand IFRS 10211s5uod on 16 July 2014 rathèr than Ihe AccountirwJ and Reponiny by Chhritses.. Slaiement Recommonded Piackn"¢e eff8CtlvÈ Irorn l 2(5 has slncè een Mth(tr8w. The Finawl Slaiemonls h8ve boen pTèp8rod fm a 93rng ¢é1n basis under the historical ¢osl convention. modificrj to Indude certn ilems at tsir valuc. The Financial Statements are pie$¢nted in $terfing %¥hith t5 the funclional wrrency of Charty- Thè srynthcant accoun1K pc4iue5 applied irb Ihe prtpar8tion ol these Fin8r7cial Slat•m¥n18 are set oul b8kyw. Th&se pc4ic4es have been ¢onsisienlJy aprAied Io 81 yoats presnt8d u•S$ otherwlse stsled. Ibl Fund Aecounling The cg)mpany rnainlains ts funds In cal8gtiries as fc4k)wéS:. General unr8siriGled thds rwgsent unr8sLtited irKome which 5 gxpendabl8 ai th8 di3creb.on of Management Cornmittee in the furth8ranc& of Ihe objertlves of the company. sl funds may be held in order to finCe btsth WrkI ¢aplt81 and capital tnvestmenl. Restrided F n Restncted furyts reprnt irwne receivthl Irc various souw, skK*ulcl n(A be used lo fund the nM81 bugnè55 of company.
TIN Acorn TF KPRE CM limited b ANDF RM an uarant FTHEFI STATEMENT SUMMARY OF SIGNIFICANT AccauNnNG POUCIES CONTINUED Ic) Incoming R•#ources Income from donatjons gF8nls IndlJj capita grants, is i1udl in incoming rertjrce$ whèn U)ese are recwvat4e. When donor5 spedy Ihat dgn8bons arKI gr8nts. inchjding rprtaI grants, are for parbgjlar res"cle purSe5 which do not amount to pre•cond¢tions regarding entrl8meni. "5 wne t5 induded in Inc£ing rEurCeS of iestnct•d funds raceivatrle. Idl Direci expendllure vKludes all eynditwe tlirecyy fdated to the objeclives of Iho ¢ompany arrtl ¢(¥nprises the dala slTh¥n in noto 5. rangibb Au•t$ Tangible asset8 aro rwdgd al cost. sub6equ8nlly $latg4 at ¢o$l1os6 any accumulaied dewecièiK)n and impawrnl los. Any tsnyiNe assets tsrr8(l at r&vabJed amounts are recorded at the Ir value at dat8 of revaluation less any 8ubsequÈnt Brmaled éeryeaalion and subsequenl ac£wnukled iMpTment lossès. D•pr•¢l•llon Depreciation Ls c8luat¢d $0 as iowrite off the cost of vatuaticm ofas asset, less bts rosidual valu¢, over Ihe u5¥hJ lifo crf that gssot as f¢AkMs'. Buikling 10% str*ht lintr Ong 011 Donallons £399 £2.217 2025 Unrforni SeS £21 £158 INTEREST RECEIVABLE 2025 2024 Bank inrerest £1.422
EWICK P .SCHOOL Acorn Ilrnited b O AND FOR G PART ED3 MIT 10 uaran NT TH 25 DIREC DItURE 2025 2024 Wages Pension 55,231 4.180 3,760 7D.620 5,061 2.896 748 171 1,050 180 250 564 12,721 PAYE I NIC ISMP Tralning l DBS checks Fundraistng Toy% I Crafts l Equipment 253 678 125 93 1.180 15.185 Unifom> Insur#nco Prornises Expenses Prinknn9. Postage & S18tKJrwy Protgssional Fees Subsp1s0nS Bank Charges Sun(Jries 1.020 480 74 348 231 14.950 Total unr•strict•d lund• 577 £95,865 Ncw Building Exponditure Charitable Cc1)InlIon Tasco BhJe Tokgn3 24.500 750 1.000 £1,7SO £25,500 Total •xp•ndIr* £100.327 £121,365 ulldl 8t 1 Aut 2024 Additions As 8131 Juty 2025 149,5D3 149,503 Depr•¢l¥l•on As at 1 $t 2024 Charge lor Ihe yéar As at 31 July 2025 14,950 14.950 Nel 8wk ValLTre As at 31 July 2025 £134,553 As at 31 JLdy 2024 £149,503
TrIGEwICK Ho Ilmited b RMING PART om uarantee TE RTH F THE FINAN TATEMEwr DEBTORS 2025 2024 Prepayments £5.203 £984 DITORS: Heart of Bu¢k$ Loan Accruals 6,000 4.019 450 £6,450 £1Q,019 An Interest free loan of£2S.th)O vms reeélved in Mèy 2024 from The Hean of 8ucks Communlty Foundation. Repa•nts began on 1 jgU512024 al £500 per th. Héart of Buckg Loan £13,tJ)O £19,000 10 F EMPL The average m¢yty number cl wnF4oyees w8s as fc4lows: F1 Time Nl Partfiffle 11 UNRESTRICTED FUNOS 01.08.2024 kncorne ndlture Transfers 31.07.2025 £144.158 90.305 19&5771 £135.886
TINGEWICK PRESCHOOL LIMITED Acom limited b NOTES TO AND FORMING PART OF THE FIKANCIAL STATEMENTS FOR THE YEAR ENOED 31 JULY 2025 an uarar7tee 12 RESTRICTED FiINDS 01.OB.2024 Income Ex 1.07.2025 El.750 11.7501 El.000 During the year £1000 was receNed in from tP¢e Te5co Blue Tokens scheme, this was spent on new aY equipment for the children. A Charrtable eonlribution of £750 was paid to the Hèart of Bucks C(smmunity Foundation on rè¢wpt of their loan. Further charilable contribulions are payable as follows 15-May-26 £soo 15-May-27 £250 IS-May-28 £250 £1,OC