REGISTERED COMPANY NUMBER: 04977468 (England and Wales}
REGISTERED CHARITY NUMBER: 1103864
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
FOR
WINDMILLS PRESCHOOL LIMITED
Garbett5 IIOWI Limited
Exchange House
St Cross Lane
Newport
Isle of Wight
P030 5BZ

WINDMILLS PRESCHOOL LIMITED
CONTENTS OFTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balath¢e Sheet
Notes to the Hnanclal Statements
9 to 15

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024
The trustees who are also directors of the charity for the pu rposes of the Compa nies Act 2006, present their report with the
financial statement5 of the charity for the year ended 31 July 2024. The trustees have adopted the provision5 of Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive l January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity offers appropriate play, education and care facilitie5 and training courses together with the right of parents to take
responsibility for and become involved in activities such as groups.
The aim of the charity is to ensure that all children from all races, culture, religion and means of ability are seeing the benefit of the
aims and objectives set by the Pre-school Learning Alliance,
Page I

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024
ACHIEVEMENT AND PERFORMANCE
Charitable artivltles
The directors of the preschool present their report on another busy year. Patterns of Children in attendance increased again year on
year, and staffin8 rat105 continue to exceed the statutory requirements. Windmills continues to provide the only preschool service
in the village, working alongside local OFSTED-Registered childminders. The directors supply an active and supportive role within
the setting alongside the manager and senior lead team.
The preschool continued to successfully react to the cliallenges presented by the statutory changes, supporting families and
extending team knowledge via additional trainin8. ChallenBe5 surrounding a backlog in multia8ency support including speech &
language, social & emotional development, resilience & attachment continued to inform additional training needs for the academic
year.
The preschool continued to implement initiatives from the Development Plan,. the setting reflected on & adjusted the curriculum
statement to ensure it continued to embody the nurturing ethos of the preschool & to inform how the Early Years framework will
be delivered going forward. The preschool f ront garden received much needed attention and was developed as an additional play
space with specific emphasis on messy play & natural environments. This included the addition of mud kitchens, a bark floor &
sensory pebble area to accompany the 83rden tubs & plants. Following a successful bid in October 2023, th3nks to the Parish
Council's "Community Chest" this front garden area was f ully secured with a new high fully bolted gate, making this area into 3 play
space rather than a walkway. The preschool continues to fulf Ill robust plans for enhanced provision and is preparing for the Autumn
24 Community Chest bid where we hope to fund Monkey Bars for the back garden.
Successful safer recrultment contlnued to malntaSn the quallty and speclallst knowledge wlthln the staff team; a full tlme Room
Lead post was taken up by an existing staff member on the resignation of the part time Deputy Manager. Retirement of the speech
& language lead prompted recruitment of additional staff & a transfer of this pivotal role to an experienced existing staff member
with two new early vears practitioners recruited to back fill. The preschool 15 also planning to purchase a speech and language
resource, Wellcomm. which enable5 keyworker5 to triage their children at specific stages in their development. A rolling review of
policies in relation to the updated statutory f ramework was undertaken. Training needs for the staff team continued both virtuallv
& face to face. Al l statutory training was updated, as was EYFS training. The new EYFS framework, September 23 was graduallv
embedded Sn the curriculum throughout the year. Our student mentorlng conllnued for a Level 2 placement studylng at the local
college. The annual safeguardin8 audit w35 completed with minimal action point5. We continue to canvass parents & written and
verbal parent feedback was positive throughout the yéar.
Windmi Ils continued to see a rise in familiès ac¢essing the 30 hour extended funding. The preschool is fully proficient in advising
parents regarding variou5 fundins options through the Childcare Choices government web51te. As a result of its "Good" in all area5
OFSTED grading achieved in June 23, Windmills continues to be able to offer two-year-old funded places, subject to eligibilitv.
Wlndmi1151s fully prepared for the new 2 year fundlng for worklng parents whlch is due tu be Implemented September 24.
Windmills continued to operate a Brea kfast Club on behalf of the adjacent Primary School. As in previous years, any small losses
incurred with the running of this Service are mitigated by the continued affordable rent charges from the primary school.
Building on our knowledge and practice of the EYFS statutory requirements, the preschool continued its focu5 on expertise in
referrals for a variety of interventions including Speech & Langua8e, Early Health & Care Plan5, and Early Help. Trauma Informed
Training alongside Emotional Regulation & Attachment courses & Speech & Language have continued to be a strong focus
throughout thi5 year. The preschool manager completed a Level 3 early years SENCO course & attended the county Early years
conference with the deputy SENCO which focused on Neurodiversity. The preschool continues to partner with the adjacent primary
school to ensure all
Page 2

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024
children and their familie5 are well equipped for transition between the setting5. The preschool's family-focused approach ha5
strengthened partnerships using a combination of virtual & face to face tools with various Trusts, the NHS and local authoritv
groups, which provide appropriate Support for the children. Windrni11s is now a community champion for Barnardos offering
multiagency support to our families. The senior lead tearn appraise themselves of development5 at county level by attendin8 termly
Early Years briefings & the local annual Early Years Conference.
Capable experienced management, combined with a team committed to ongoing professional development, means excellent
outcome5 for the children, A full awareness of the menta I health Iinpact of Covid-19 has inforrned stalf discussion and traini ng
around children's mental health and wellbeing, attachment and resilience, developmental delay & trauma. Our "Educate Play
Learn" message continues to ref lect our ethos. Parents continue to be kept informed about the weekly activities and learning focus
via the preschool's Facebook page and via their personal secure access to the Tapestry portal.
The profile of the preschool in the cornmunity is strong, Stay and Play/Settling-in sessions for newly registered children continue all
year round. Prospective families are welcorned into setting to explore the environment & meet the team. These initiatives help
children and parents to familiarise themselves prior to starting preschool. Regular monthly visits to our intergenerational partners
at the local care home took place & we were able to visit our local RNLI station thanks lo the F¢NLI educational team. Visits to the
park, our villa8e library & local shops also enrich the children's experierbces.
The fundraising calendar for 2023-24 proceeded unhindered. Plans are in place to bid for funds irb Autumn 24 to encourage gross
motor skills & proprioceptive input with the purchase ol a large set of monkey bars via the annual Community Chesl" process. The
preschool children entered the annual Bernbridge Village Star competition in December 2023 with rhe theme of "festive foliage.
The preschool continues to ensure its sustainability via the Annual Review. The Development plan is reviewed regularly to reflect
progress and to facilitate forward planning. Fees have been reappraised and increased in line with the increasing staff costs
associated with the annual minimum wage uplift, Activities and materials costs have risen steadily in line with the increased
number of children, The preschool operating c05t5 have a150 increased proportionately with the rise in child numbers. Statutorv
staffing ratios mean5 even more qualif led personnel were needed daily. The directors are reviewing the renewal of the license with
the primary school to use the premises (due 1st September 20241 and this agreement has been ratified in readiness for the new
academlc year.
The preschool was deli&hted to host a full summer Graduation celebration, with children & their familie5 in setting,. the school
leavers were presented with gifts and a school book bag by the new primary school he2dteacher. End of year transition meetings
were held with the new Reception teacher to appraise each school leaver as part of a larger robust transition process. Transition
Partnership agreements with the receiving schoo15 were actioned where need had been identif led.
At the end of the academic year 2024, Windmllls ha5 a secure partnershlp with the new prlmary School senlor ieèm, has strong
support from the Prlmary School and its governors, and the Dlrectors continue to work together to secure the educatlonal future of
children aged two to four in the locality.
FINANCIAL REVIEW
Results for the year
Total incoming resource5 for the year amounted to £143,78412023'. £124,783) includin8 £238 of restricted grant income and
resources expended for the year amounted to £138,380,12D23: £121,818). The surplus for the year amounted to E5,404,12023.'
£2,965). It 15 the policy of the preschool to hold in reserves the equivalent of one month's Salary cost5.
Page 3

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity 15 controlled by its governing document, a deed of trust, and constitutes a limited company* limited by guarantee, a5
defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
04977468 IEngland and Wales)
Reglstered Charlty number
1103864
Registered office
Preschool Unit
Walls Road
8embridge
Isle of Wight
P035 5RH
Trustees
Mrs R E Clark
Mrs J Brlggs
MrTJ Vincent
Mrs H R 8ailev
Company Secretary
Mr P B Collyer
Independent Examlner
Garbetts IIOWI Limited
Exchange House
St Cross Lane
Newport
Isle of Wight
P030 5BZ
Thls report has been prepared In accordance wlth the speclal provlsions of Part 15 of the Companles Act 2006 relatin8 to small
companies.
Approved by order of the board of trustees on 22 April 2025 and signed on its behalf bv:
Mrs R E Clark - Trustee
Page 4

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
WINDMILLS PRESCHOOL LIMITED
Independent examiner's report to the trustees of Windmills Preschool Limited I'the Companv,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024.
Responslbllltles and basls of report
A5 the ¢harity'5 trustees of the Company land also Its directors for the pvrp05es of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having 5at15fied myself that the account5 of the Company are not reouired to be audited under Part 16 of the 2006 Act and are
eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section
145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charitv
Commission under Section 145151 Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving
me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or
the accounts do not accord with those records; or
the accounts do not comply wlth the accountin8 requlrements of Sectlon 396 of the 2006 Act other than any requlrement
that the accounts give a true and fair view which is not a matter considered as part of an independent examination,. or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended
Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211.
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 understandin8 of the accounts to be reached.
M Paxton F.C.C.A.
Garbetts IIOWI Limited
Exchange House
St Cross Lane
Newport
151e of Wight
P030 5BZ
Date..
Page 5

WINDMILLS PRESCHOOL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2024
2024
Total
f unds
2023
Tot31
funds
Unrestricted
Fund
Re5trirted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
238
238
268
Charitable actlvltlÉs
Childcare SeNices
142,746
142,746
124,127
Other trading activities
I nvestment income
Total
257
543
143 546
257
543
143 784
80
308
124 783
238
EXPENDITURE ON
Charitable activities
Childcare Services
138,377
138,377
121,818
Other
Total
138,380
138,380
121,818
NET INCOME
Transfers between funds
Net movement In funds
5,166
238
5,404
238
2381
5,404
2,965
12
5,404
2,965
RECONCILIATION OF FUNDS
Total funds brought forward
26,229
41
26,270
23,305
TOTAL FUNDS CARRIED FORWARD
41
The notes form part of these financial statements
Page 6

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
BALANCE SHEET
31 JULY 2024
2024
Total
f unds
2023
Tot31
funds
Unrestricted
Fund
Re5trirted
funds
Notes
FIXED ASSETS
Tangible assets
1,824
1,824
2,564
CURRENT ASSETS
Debtors
Cashat bank and in hand
558
558
41
41
43,057
43,098
37,358
CREDITORS
Amounts falling due within one year
io
113,2481
113,248
113,6521
NEf CURRENT ASSETS
29,809
41
29,850
23,706
TOTAL ASSETS LESS CURRENT LIABILITIES
31,633
41
31,674
26,270
NEf ASSETS
FUNDS
UnresLricted funds
Restricted funds
TOTAL FUNDS
41
12
31,633
41
26,229
41
The charitable company is entitled to exemption from audit u nder Section 477 of the Companies Act 2006 for the year ended 31
July 2024.
The members have not requi red the company to obtain an audit of its financial statement5 for the year ended 31 July 2024 in
accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
lal
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie5
Act 2006 and
preparing financial statement5 which give a true and fair view of the State of affairs of the charitable company a5 at the end
of each f inancial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requlrements of the Companies Act 2006 relating to financial
statements, so far as appllcable to the charitable companv.
Ibl
The notes form part of these financial statements
Page 7
continued...

WINDMILLS PRESCHOOL LIMITED (REGISTERED NUMBER.. 04977468)
BALANCE SHEET- continued
31 JULY 2024
These financial statements have been prepared in accordance with the provision5 applicable to charitable companies subject to the
small companie5 regime.
The financial statement5 were approved by the Board of Trustees and authorised for issue on 22 April 2025 and were si8ned on its
behalf by=
Mrs R E Clark - Trustee
The notes form part of these financial statements
Page 8

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
ACCOUNTING POLICIES
Basis of preparing the financial ststements
The financial Statements of the charitable company, which 15 a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities= Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS IQ21 (effective l January 20191,, Financial Reporting Standard 102 'fhe Financi21 Reporting
Standard applicable in the U K and Republic of Ireland, and the Companies Act 2006. The f inancial statements have been
prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the f unds, it is probable
that the income will be received and the amount can be measured reliably.
Expendlture
Liabilities are recognised as expencliture as 500n as there is a legal or constructive obligation committing the charity to that
expenditure, It Is probable that a tr3n5fer of economic beneflts w511 be required in settlement and the arnount of the
obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all c05t related to the category. Where costs cannot be directly attributed to particular headings
they have been allocated to activities on a basis consistent with the use of resources.
Tanglble fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture5 and fittings
Computer equipment
20Yo on cost
25% on cost
TaxatlDn
The charity is exempt from corporation tax on it5 charitable activities.
Fund accountini
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when
speclfled by rhe donor or when funds are raI5ed for partlcular restrlcred purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 9
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
257
80
INVESTMENT IfrJCOME
2024
2023
Bank interest received
543
308
NEf INCOMEIIEXPENDITUREI
Net incomellexpenditurel 15 Stated after charBing/lcreditingl'.
2024
2023
Depreclatior) - owned assets
TRU5TEE5' REMUNERATION AND 8ENEFIT5
Mrs R E Clark, a trustee of Windmills Preschool Limited, was paid £13,46112023,, £12,646) in respect of administration
services.
Trustees, expenses
There were no Irustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.
STAFF COST5
The avera8e monthly number of employees durin8 the year was as follows..
2024
13
2023
12
Childcare services
No employees received emoluments in excess of £60,000.
Pa8e 10
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
fund
Restricted
fund5
Total
fund5
INCOME AND ENDOWMENTS FROM
Donations and legacies
68
200
268
Charitable attivities
Childcare Service5
124,127
124,127
Other trading activities
Investment income
Total
80
308
124,583
80
308
124,783
200
EXPENDITURE ON
Charitable attivities
Childcjre Service)
121,818
121,818
NET INCOME
Transfers between funds
Net movement In funds
2,765
359
3,124
200
3591
11591
2,965
2,965
RECONCILIATION OF FUNDS
Total funds brought forward
23,105
200
23,305
TOTAL FUNDS CARRIED FORWARD
41
Pa8e 11
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
TANGIBLE FIXED ASSETS
Fixtures
and
f ittin85
Computer
equipment
Tota15
COST
At l August 2023
AdditiDns
At 311uly 2024
DEPRECIATION
At l August 2023
Charge for year
At 31 July 2024
NET BOOK VALUE
At 31 July 2024
At 311uly 2023
8,084
1,092
134
8,218
1,092
134
5,520
1,832
7,352
134
5,654
1,832
7,486
134
DEBTORS: AMOLINTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
558
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Social security and other taxes
Other creditors
Accrued expense5
959
24
903
Pa8e 12
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
ii.
LEASING AGREEMENTS
Minimum lease payment5 under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Between one and five years
125
i.soo
125
125
12.
MOVEMENT IN FUNDS
Net
movement
in f unds
Transfers
between
funds
At
31.7.24
At 1.8.23
Unrestrirted funds
General fund
26,229
5,166
238
31,633
Restrirted funds
Nursery Equipment Fund
41
238
1238)
41
TOTAL FUNDS
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlrted funds
General fund
143,546
1138,3801
5,166
Restricted funds
Nursery Equipment Fund
238
238
TOTAL FUNDS
143 784
138 3801
Pa8e 13
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
12.
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in f unds
Transfers
between
funds
At
31.7.23
At 1.8.22
Unrestricted funds
General fund
23,105
2,765
359
26,229
Restrlrted funds
Nursery Equipment Fund
200
200
1359)
41
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follow5;
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
124,583
1121,8181
2.765
Restricted funds
Nursery Equipment Fund
200
200
TOTAL FUNDS
124 783
1218181
A current year 12 months and prior year 12 months Combined p051tion is as follows:
Net
movement
in f unds
Transfers
between
funds
At
31.7.24
At 1.8.22
Unrestricted funds
General fund
23,105
7,931
597
31,633
Restrlcted funds
Nursery Equipment Fund
200
438
15971
41
TOTAL FUNDS
Pa8e 14
continued...

WINDMILLS PRESCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 JULY 2024
12.
MOVEMENT IN FUNDS- continued
A current year 12 month5 and prior year 12 months CDmbined net movement in funds, included in the above are as follows:
Incoming
re50urce5
Resource5
expended
Movement
in funds
Unrestritted funds
General fund
268,129
1260,1981
7,931
Re5tritted funds
Nursery Equipment Fund
438
438
TOTAL FUNDS
268 567
260 1981
Restrlrted Funds
8embridge Parish Council gave £238 to the preschool from its Dragon's Den funding to be used on a new gate.
13.
RELATED PARTY DISCLOSURES
There were no related party transactions tor the year ended 31 July 2024.
14.
GOING CONCERN
The directors consider that there are no material uncertainties that would cast significant doubt on the ability of the
preschool to continue as a going concern.
Pa8e 15

This document was delivered using electronic communications and authenticated in
accordance with thc registrar's rulcs relating to elcctronic form, authentication and
manner of delivery under section 1072 of the Companies Act 2006.