**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 **----- Start of picture text -----**
Independent Examiners Report to the Trustees of
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## St Michael’s Woolmer Green Pre-School **----- Start of picture text -----**
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. **----- Start of picture text -----**
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. **----- Start of picture text -----**
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 **----- Start of picture text -----**
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| |---|---|---| ## **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)| |---|---|---|