## 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 2 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. 3 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 4 Intak• Pr•4chool Indep•nd•nt Examln•rf• r•port on th• Accounts •1 Int•k• PrMch••l lor th• y•ar •nd•d 31 Augll•t 2025 I report on the *x0￿1$ of the th6 ￿ endod 31 Auw 2W25, arè 8•t rArt on pag$$ 6 to 9. Rupo¢llv• r••ponolbllltl61 of trustse• Ind 0¥8mln•r The Irustoes Ivtho arè also the directors of thts C*XWWby fortr* purtthes of i>Jryany l**) are re8ponslblo for the preparation ofthe Thg trustee8 ¢M6thr th81 ¥n audit 16 not required f￿ Ihl¥ year urmler 144{2) 01 the cha￿ Ad 2011 (the 2011 Ad) and that an independent ex8nynalion Is needed. HavlrvJ ￿tISt￿l mylth IB rwjt 8ub*d to audlt underL¥xYyny law ¥KI 1$ alulble f lrnJ•p8nd8nt •x4miiallcffl. it i¥ my r•8pOnW￿￿fy kn" ex•nlM tho occ¢wnts under sedknn 145 rf the 2011 Acl: lo folowthe procedures1oKI in the 98w81 Dh¢llw$ gtr¥•n by thg Chorfty Con￿5 under seGtksn 145151{bl of th8 2011 Act- and to 8tat8 whethor particular matt8r8 hav8 oJn• to my 8a•l• of Ind•pffithnt •xarnln*• r•port My examInatl￿ wa8 carrl8(I Imrt in a¢Xp)rdance general Dlrndon8 gl¥•n by tho Chwty ConNnI￿on. An ￿an￿natIon knL**J88 a revi** of the accO￿ting rets)rds kepl by the charity and ¢X)mparf￿n of thè arxwnts presented tho80 recory18. It aL80 Indudos conwd•rntlon of unusual11grn8 or di8¢lowre8 in t￿ aco)unt8. and 80gkng OXFlanoU¢)n$ from you a$ Iru81eè8 conc4ming any such mattor¥. The yowlure8 und•rt8ken do nol provide 011 the evkjerw that would be requlred in 8n audit 8nd mn80quonty no Opini￿ 15 given 88 to %%th•th•r the acc¢unts pre8ont A 'true and folr ond tho to th089 matters sot out In the ￿81&￿nI b•low. Ind•p•nd•nt •x•Ankn•V• •tat￿•n¢ In eOM•¢Oon ny •xthnallon. no rn•ttrf ho8 to nry 8lt•ntkn: (1) wtkh me re*a<*)th to b*4• tho1 kn •ny rwcl the r•quir•ff*nt•'. . lo koep 8e¢ountkw r*¢ord8 In Kc4xdQ￿ 386 ofth• Crynpon1￿ Ad 2006; and to prepare 8cwunts whth acojrd *ith tha ac>xunlMig I•￿rd¥. cx)mFty Iwth the ao>)unllng requirements ol 8ecllon W of the Cwiparm￿ Ac# ￿ and the mthod8 and ￿ndp1a$ of the Statsrnnl of R&QnThnd￿ Prnctic•'. Accounllrq gnd Repthng by Charti have not bwi mot., or 121 to whlch, In my opinw. 8ttenlkn 87wkl bè drwi kn ordw to on•ble a yoper und•r8tsndlng ofthe accoun o be reathwj. Sognad.. Craig Wil￿8m8( Th& Ghy Thre8pknd Aspatr CA7 2EL Date: ## 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| |---|---|---|---|---| 6 ## 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 7 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
**----- End of picture text -----**
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. 8 ## 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**| |---|---|---|---| 9 ## 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. 10