2025-08-31-accounts - Intake Pre-School

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Intake Pre-school

(Charity Number 1107400)

(Company Ltd by Guarantee Number 05235498)

Financial Statements for the year ended 31 August 2025

Contents	Page
Legal and administrative information	2
Trustees' report	3-4
Examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8-10

Intake Pre-school Legal and administrative information

Trustees

Rebecca Horrabine Jessica Baxter Emily Brownell Daniel White

Registered Office

Intake Pre-School Sharrard Drive Sheffield S12 2FB

Company number

05235498

Registered Charity number

1107400

Independent Examiner

Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL

Bank

Unity Trust Bank Nine Brindleyplace Birmingham B1 2HB

Intake Pre-school

Trustees' report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and financial statements for the year ended 31 August 2025.

Structure, governance and management

The Charity is operated under the rules of its Memorandum and Articles of Association. It is a private company limited by guarantee and was incorporated on 20 September 2004. It is also a charity, and was registered 22 December 2004.

Overall management is the responsibility of the trustees who are elected and co-opted under the terms of the memorandum and articles. Day to day project activity is managed and carried out by paid staff.

New trustees are appointed by majority decision of the board. In doing so, the board seeks to ensure that an appropriate level of parent representation on the board is maintained.

Objectives and activities

These are to enhance the development and education of children under statutory school age by:

offering appropriate play, education and care facilities
encouraging the study of the needs of such children, and
instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance

The company provides sessional care in accordance with Ofsted regulations, delivered under the direction of qualified and experienced staff.

In setting out the basic ground rules for admissions and activities, the directors have had regard to the Charity Commission's guidance on Public Benefit.

Achievements and performance

2025 was another very good year for the preschool. The preschool is operating at full capacity and demand remains strong, with many sessions for the upcoming academic year already fully booked. The quality of care and education provided to our children remains our key priority and we continue to invest to improve the experience of our pupils. Inflationary pressures have continued to impact the charity this year, but our careful management has allowed us to keep our prices as low as possible. The balance sheet remains strong with no external financial liabilities.

Intake Pre-school Trustees' report

Financial review

During the year, the charity generated net outgoing resources of £31,735 (2024: incoming £23,526). Total funds carried forward were £451,355 (2024: £483,090).

Reserves policy

The directors have decided that reserves should be developed and maintained at a level which ensures that the company's core activity could continue during a period of unforseen difficulty, and that a proportion of the reserves should be in a ready realisable form.

Trustees responsibilities for the financial statements

Company and charity law requires the trustees to prepare financial statements for each financial period which show the state of affairs of the charity and of net income or expenditure of the charity for that period. In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP FRS (102);
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
state whether applicable accounting standards of recommended practice have been followed subject to any departures disclosed and explained in the financial statements.

The Trustees are responsible for keeping proper accounting records

which disclose with reasonable accuracy at any time the financial position of the charity and enable the Trustees to prepare financial statements. The Trustees

are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

This report was approved by the Trustees on 18 May 2025 and is signed on their behalf by:

Daniel White Chairman

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Intake Pre-school Statement of Financial Activities (incorporating Income & Expenditure account) for the year ended 31 August 2025

Notes Incoming resources Grants 3 Fees and other funding Finance income Other income Total Incoming resources Resources expended Staff costs Premises costs Resources Training School trip Bank charges Registration & membership fees Accountancy Professional fees Depreciation Other expenditure Total resources expended Net (outgoing)/incoming resources Total funds brought forward Total funds carried forward	Restricted Funds £ - 19,603 - - 19,603 8,773 - 5,475 - - - - - - 10,900 - 25,148 (5,545) 192,100 186,555	Unrestricted Funds £ 263,448 26,583 808 7,305 298,143 271,138 19,852 19,251 3,651 380 673 115 200 3,229 4,879 965 324,334 (26,190) 290,990 264,800	Total 2025 £ 263,448 46,186 808 7,305 317,746 279,911 19,852 24,726 3,651 380 673 115 200 3,229 15,779 965 349,482 (31,735) 483,090 451,355	Total 2024 £ 264,487 68,184 837 9,405 342,913 241,870 20,642 33,397 1,779 354 566 198 175 4,580 15,779 47 319,387 23,526 459,564 483,090

Intake Pre-school

Balance Sheet as at 31 August 2025

Notes Fixed Assets 5 Current assets Balance at bank Total current assets Creditors: amounts falling due within one year 2 Net current assets/(liabilities) Total assets less current liabilities Total net assets Represented By Funds Unrestricted funds 6 Restricted funds	2025 £ 274,696 243,812 243,812 (67,153) 176,659 451,355 451,355 264,800 186,555 451,355	2024 £ 284,873 254,752 254,752 (56,535) 198,217 483,090 483,090 290,990 192,100 483,090

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities;

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements are approved by the Board on 30 May 2025 and signed on its behalf by:

Daniel White Chair

Intake Pre-school

Notes to the financial statements for the year ended 31 August 2025

1 Accounting Policies

(a) Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS102) and the Companies Act (2006)

The Charity meets the definition of a public benefit entity as defined under FRS102.

(b) Donations and fund accounting

Donations received for the general purposes of the charity are included as unrestricted funds

(c) Resources expended

Expenditure is included on an accruals basis.

(d) Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.
(e) Restricted funds are to be used for specific purposes as laid down by the donor.

(f) Fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets, other than freehold land, over their expected useful lives, using the straight-line method. The rates applicable are:

Land and buildings - 10-25 years

2 Creditors; amounts falling due within one year

These are expenses that have been incurred but have not been billed or paid for during the accounting period. They are in respect of:

----- Start of picture text -----
2025 2024
£ £
Deferred income 66,953 56,360
Accruals 200 175
67,153 56,535
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Amounts shown under loans payable are secured by a charge over the charity's land and buildings

3 Grants Unrestricted: Sheffield City Council- Nursery Education Grant Movement in restricted funds Brought Forward Department for Education 161,880 South Yorkshire Key Fund 26,220 Awards for All 4,000 Early Years Pupil Premium - Education Health and Care Plan - 192,100	2025 £ 263,448 263,448 Incoming resources - - - 8,810 10,793 19,603	2024 £ 264,487 264,487 Resources expended (8,520) (1,380) (1,000) (3,455) (10,793) (25,148)	At as 31 August 2025 153,360 24,840 3,000 5,355 - 186,555

South Yorkshire Key Fund and Department for Education represents funding towards the construction of new premises for the pre-school.

Awards for All represents funding for new outdoor play equipment

Early Years Pupil Premier and ECHP relates to top up funding received to enable preschool to enhance staffing ratios for children with additional needs.

Intake Pre-school

Notes to the financial statements

for the year ended 31 August 2025

4 Staff numbers and costs:-

Wages and salaries Pensions	2025 £ 270,857 9,054 279,911	2024 £ 233,645 8,225 241,870

The average number of monthly employees was 16 (2024:16) No employees received emoluments in excess of £60,000 per year.

During the year trustees Rebecca Horrabine recevied remuneration of £13,348 (2024: £12,325) received remuneration as an employee of the preschool.

No trustees received reimbursement of out-of-pocket expenses.

5 Tangible Fixed Assets

Cost As at 1 September 2024 Additions Disposals As at 31 August 2025 Accumulated depreciation As at 1 September 2024 Charge for the year As at 31 August 2025 As at 1 September 2024 As at 31 August 2025	Land and buildings £ 379,475 5,602 - 385,077 94,602 15,779 110,381 300,652 274,696	Total £ 379,475 5,602 - 385,077 94,602 15,779 110,381 300,652 274,696

6 Analysis of net assets between funds

Fund balances at 31 August 2025 were represented by: Tangible fixed assets Current assets Creditors due within one year Total net assets	Unrestricted 93,496 243,812 (67,153) 270,155	Restricted 181,200 5,355 - 186,555	Total 274,696 249,167 (67,153) 456,710

Intake Pre-school

Notes to the financial statements

for the year ended 31 August 2024

7 Deferred income

Amounts brought forward Amounts deferred during the year Amounts released to income Deferred income carried forward	2025 £ 56,360 66,953 (56,360) 66,953

Deferred income relates to Department For Education funding received during August 2025 which related to the following academic year.

8 Related party transactions

There have been no related party transactions in the reporting period that require disclosure.