St Michael's Woolmer Green Pre-School
Statement of Financial Activities For the Period ended 31st August 2025
Report of the Trustees
St Michael’s Pre-school is a registered charity: No. 1102358
12 London Road
Woolmer Green
Hertfordshire SG3 6JP
Trustees:
Chair Ellena Lloyd Secretary Ellie Fitzgerald Treasurer Zoe Nicholls
Principal Activity:
St Michael's Pre-School is a thriving and successful Early Years Foundation Stage setting in which children from 2 years until school age can develop and learn through play in a secure and safe environment.
Achievements:
St Michael’s Pre-school has a ‘Good’ grade from Ofsted following an inspection in July 2022.
Financial Review:
Pre-school significantly increased income by £78000 for the academic year 2024-2025. This was largely due to the significant investment in the Preschool building, subsequently reflected in the high premises maintenance costs. The Pre-school repaired and made improvements to the existing Preschool structure, as well as building an adjoining room. This allowed Pre-school to increase the number of children from April 2025, increasing funding income, thanks also to the new early years funding entitlements and rates. Preschool were fortunate to receive a grant from Hertfordshire towards the cost of the expansion, but building costs and the cost of resources and furniture/fittings for the room meant significantly higher expenditure for the year. Preschool also invested in the staffing team and have celebrated the Level 2 qualifications of 2 apprentices, as well as supporting further training and development for all to meet new statutory framework requirements. This, and the increased National Living Wage introduced in April 2025, is reflected in the increase in staff salaries.
Future Plans:
Projected attendance for the coming academic year is excellent, with a full intake in both rooms from September 2025, as well as a waiting list. Our management team have worked hard over the last year to greatly improve the pre-school and whilst they continuously strive to improve the setting, now that the majority of the repairs and extension work are complete, will try to reduce spend this year where possible. The committee recognises the need to maintain a healthy level of income and hope to build a cash reserve once more by taking advantage of fundraising opportunities and controlling expenditure.
Zoe Nicholls Treasurer cBlllegch Ellena Lloyd Chair
Dated: 20 October 2025
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Independent Examiners Report to the Trustees of
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St Michael’s Woolmer Green Pre-School
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On the Financial Statements for the Year Ended 31° August 2025
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| report on the accounts of the charity for the year ended 31" August 2025, which are set out on the following pages.
Respective responsibilities of Trustees and Examiner
As the charity's trustees you are responsible for the preparation of the accounts: you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the 2011 Act) does not apply.
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itis my responsibility to:
- Examine the accounts under Section 145 of the 2011 Act
- To follow the procedures laid down in the General Directions of the Charity Commission (under
Section 145(5}(b) of the 2011 Act}; and
- To state whether particular matters have come to our attention.
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Basis of Independent examiner's report
My examination was carried out in accordance with the General Directions give by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
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Independent examiner's statement
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In connection with my examination, no matter has come to my attention:
(1) Which gives me reasonable cause to believe that In any material respect the requirements
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting
requirements of the 2011 Act have not been met: or
(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Constantinos Stylianowil — Ae $
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Contantinos Stylianou FCCA ACA BFP BA 55 Merrivale
London N14 4TE
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6 March 2026
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St Michael's Woolmer Green Pre-School Balance Sheet as at 31st August 2025
| ASSETS Current Account Deposit Accounts Less o/s Chqs Petty Cash CURRENT LIABILITIES NET CURRENT ASSETS RETAINED PROFITS Retained funds brought forward Retained funds surplus/deficit for the year Opening Cash Balance Receipts Payments |
2025 £ 806 11,037 - - 11,843 - - - 11,843 86,523 74,680 - 11,843 £ 86,523 219,648 -294,328 11,843 |
2024 £ 1,100 85,423 - - 86,523 - - - 86,523 71,065 15,458 86,523 £ 71,065 141,470 -126,013 86,522 |
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Profit and Loss Report for ST. MICHAEL'S PRE-SCHOOL
For Period: 01/09/2024 to 31/08/2025
| TURNOVER Fund Raising Income - Projects Milk Reimbursements Administration Fees HCC Funding Fees Grants Gift Aid School Trip Bank Interest Uncategorised Income Total: LESS EXPENSES: NET Staff Salaries Paid Employers N.I. Employers Pensions Advertising/Promotional Audit and Accountancy Fees Books, Magazines etc. Business Rates Child Equipment Children's Entertainment Children's Gifts/Refreshments Cleaning Computer Costs County Supplies DBS Fire Safety First Aid supplies Fixtures and Fittings Fundraising purchases Insurances Milk and Snacks Office Equipment Office/General Admin Phone & Broadband Premises Maintenance Printing, postage & stationary Professional Services Rent Resources Split expenses miscellaneous Staff Benefits Staff Gifts/Refreshments |
2024-2025 4,191 0 330 149,731 34,216 30,009 0 0 1,135 37 219,648 (109,887) (5,969) (4,366) (730) 0 0 (549) 0 (181) (460) (5,247) (824) 0 (102) (223) (36) (6,418) (5,051) (3,159) (2,070) (1,048) (1,608) (940) (114,587) (306) (7,008) (3,860) (10,267) 0 (30) (2,129) |
2023-2024 3,227 209 810 101,646 34,152 0 308 130 989 0 141,470 (78,373) (4,674) (2,268) 0 (52) (13) (556) (1,675) 0 (257) (1,432) 0 (1,485) (228) (94) (62) 0 (1,317) (790) (934) (1,696) 0 (897) (15,478) (791) (1,297) (3,100) (2,687) 0 0 (703) |
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