RECISTERED COMPANI. NIJ1BF.R: 05230651 (F.ngland and 1S'ales) REGISTF.RF.D CHARITY NIINqBER: 1107414 Rcport of thc TrUcts and Financial StateTreDts for ¢h¢ Yexr Ended 31st August 21125 for BOVINGDON PRE-SCHOOL Aiicnboroughs IAccoLmlants) Limilcd Chartered C¢nified.4ccountants l ToM'er House Tow'ir CintrL' Hoddtsdon HLiforitshirc ENII RUR
BOVIPCDON PRE.SCHOOL Contents of the Fina£11 Stattmtnts for lthe )'¢xr ended 315t 2025 Pa%e Report of the Trnstees Statement of Finan¢ial A¢tiTrities Bal8n¢e Sheet Notes to the FiTr•n¢ial Sttern¢t5 7 to l?
BOVINCDOY PRE-SCHOOL IREGISTERED NUMBEIL. 05231)651 Rtpon ofthe Trnstets for Ihe )'¢xr ended 315t 2025 The Irusl¢e5 who are also directors of Ihe chatiiy for the pu>5¢5 of IIK COpanIeS Acl £lK)6. pte5enl Iheir reporl with Ihe fiiiancial tsts16Cntx ot-thc Lharily fur thc ycai cndcd I Ixl Au¥iis1 ?075. ThL havc udvplcd Ihc proviMJun% L)f AcLvunlin¥ RLpvilin¥ by Charities." STaMen1 of Recommended Pracii¢e applicable io charities prepanng iheir a¢counts in accordance wilh rhe Financial Rcporiing Siandard appliLablL in ihL UK at RcpLLblii of Ircland IFRS 1021 Icffcilive l JanLLary 2U19). OBJECTII'ES AND ACTIVITIES ubJ1]Ve$ gnd aim$ BO.1gd0n PTe-School is a charity whose aims are.. To enhanff the development and e(lucation of children under ststutory school a¥e in a pareni-involving. community based Froup. To PTovidc a Siifc. sciurc dnd stimuldtin¥ en% iTunrncnt. To work wiihin a framework which ensures equality of OWK)rtuniiy for all children and families. To enLourage ihildren io be independenL and have fun and friendship with ehildren and oiher adulis. Public benefit Thi trilY *LknowlLdgcs IL% requirLmini% to dcmonsiratL LI[Y that Il IiavL LharitablL pufpthsLS or aiin% thai arL for thL publiL benelit. The cliarity has TefeTred to guidance coniained in the Chariry Commission's generdl guidance on public benetit wh¢n reviewing the aims and objeLlives and in planning future aiiivilies. Volunteer5 Voliintccrs Colltinuc to play an itnportani rolc in thc day-t(Hlay nuJDin¥ of thc Prc-school and organisin¥ fund r4Lisin¥ cvcnts. FINANCIAL RE%"IEW FianCial position The charity has geiieral SerVeS of £46.211 (2024 £54.463) al the end of the year. which are SU1clet to cover months 5-6 rnonih5 ¢harilablc cxpcnscs and other costs. Prineipal funding sourtes Thc majority ol- Ihc Incotnc fi>r Ihc Prc-school comc% from fec%. Thc%c are mad¢ from pay14 by Pdrcni%lLar¢r4 a% wcll Gov¢mrneni granrs. The funding receied from fundraising is generally used io buy more plav equipmenr. Ini'estTnent policTr ad objertii'e5 Mogl 0( tht Chariiy's fund8 art speni in the shon Lenn. a prudeni amount is k¢pi in reserves. This r¢serve is inv¢sted in a LommcrLial Common Inve%ttncni Fllnd H'hich coniinllc% io show d low rC_ Thc Charity also holds. d Ving5 dLcouni wilh N'irgin Money which pays a modest interest rate. Reserves polio The ManagenKnl c.om111¢¢ feels ihal a Itvel oliesetves is required io meel 2-3 monih5 ofnornI expendiLure. Thi5 is bastd on Ihc Lharity'% %izc and thc Icycl of finuncial cumrnitmcnt% hcld. Thc Mana¥cmcnt Committcc aini ro cnsuic Ihc cliurity will bL ablL to continue to fulfill lis ihariiable objeciives even If ihere is a Mrary shonfall In income or unexpecied expendiwre. The ManagLincnt C-ommittce will LndLuvour noi to sci aside fu[S llnncccs&uily. Going eon¢er Thc chdrity adL4UdlL fL4erve% to LoniirtUL a guing LunLLm for thE forL%LL-dblL futUTC. Page I
BOVINCDOY PRE-SCHOOL IREGISTERED NUMBEIL. 05231)651
Rtpon ofthe Trnstets
for Ihe )'¢xr ended 315t 2025
FUTURE PI,ANS
Thl PrL-SLhool plans to LontlEIUL to fulfill lis ain]s in thc forthc(TrtniThg yLars. Looking ahcad. thc Prc-SchiJTrl rcmains committcd to
providillbT a 3tsmulatin¥, cicativc. safc, sUPPOrtiv¢ aTJd happy aJvironm£nt foT all the childrcn ith our carc.
A kLy focu% tor thL LOling yLar 1% IhL ongoin¥ impruvcfftcjil of thc gdrdcii . ..L arc Lurrintly dwdlliiig thL outLoinL of a grdnl
applicatioll to 5uppon this project. Should Ihe grani be un5wcessful. 'e plan lo oiganise a dedicaled fiJndrai5ing event. Proposed
¢nhanccmcnls includ¢ painiing thc i.llSling M"oode¢J furni1u. ¥onsirucLing an obstscli course, dL%'¥loping a pljniing sialion and
rep12cing some of the existing pl&%tic items wjth MO 5ustsinable wooden garden fumityre aTJd equipmenl.
M41Tkctin¥ cffotL% ovcr thc Pd%t vcat h%.C yicldcd positivc rcsults. dcspitc a IiTTritcd numbcT of childrcn in thc Ioc411 urca. Wc will
Continue io focus on encouraging Ihe registration of nvo-year ol¢ts io help increase our inthke and reieniion ill rhe future.
Addiiionallj, we aim lo strengihen partnlal involi'emenl in Lhe rut1n2 of Ihe Pre-SchiM)I, paniiularly in relalion to fundraising
activitie%. To sUPPOrt this, we plan to merge the exisiing corninittee and the fundraiqing sUcOmilee into one team. As part of this
resrructure, we intend to intr(xluLe a new role of'Head of trundtaising, 10 lead and coordinaie efforts more effeciively.
It is planlled that the M&G Charibond Charitles fixed Interest fund will be sold and the ptoceeds will be held in the CAF bank
STRUCTURE. GOlfERNANCE AND lANAGEMENT
Governing document
Thl iharily is Lontrolld by its goYLrnin¥ dociimcllt, a dccd of rrust. and ¢onstitutCS d limitcd Cornpany, litnitcd guaTantLe, as
defId by the Companies Aci 2(KJ6.
Thc Prc-school 1% a charitable conipany limitcd by s>uarantCi, incorporatcd on 15th Scptcinbcr 21KH and rcgistcrcd a% a charity on
22lld l)tc¥mb¢r 2004. The COTnpany was e5tsblished under a MeTnordtwJum of Associa(ioTh which estsb115hed ihe objec15 and powers
of ihL LharitablL company and ]% goi'cmcd undiT Its AniLILX of AsstiLJauon_ In thL evint of thc eompany k'ing wtsund-up, Jl)Lm.r8
are required to contribute an amount not excLYding tl.
Recruitwnent ind appointme¢ of neiv tru5¢ee5
Commiltee rnembers are volunieers who gI.e iheir rime to Ihe pre-sch1. We eneourdge new members and involvement from all
p&rLnts. As well as thL d&y-to-day running of thc PrL-School WL cndcaNour to raisc cxird incomc via fundraising cwcnts Tun by thc
Pre-Scliool Parents Group. We hold monthly meeiinLPS. where Pre-school policies are reviewed and oiher issues relatinLv to ihe
Pre-school are rnised and deali wiih.
OrganisatioDal structure
lliL PrL-.%Lhool has tt manag¢nnt committ m•d¢ up of b¢tw¢cn 5 and l ? mcmix'TS of which at l¢ast OO°/tr must bc Family
Members of the company 2t the time ot-ele¢iion. Th- Commiiiee meinbeTS will serne uniil Ihe rtext AGM when they shall be eligvible
for re-tleciion llnless Ihey haie served in any capacii) for 6 consecuiiie )'&us14 for c(kopitd memkrs).
Th¢ Managemeni Committee are res[nSible for selling and VIewIng ihe poliues of the Pr¢-School. whilsi the d&y-10-day running
uf thc Prc-sihool is JllaDa8Ld by IhL PrL-Sch(x)I Supirvisor.
IndtIon and training of ntw trustte5
NLW triisfLL4 UiVLtI d 'll'elLomi PaLk' whicli includc% dclail% of thcir re%rM)JiiibilitlL% as WLII d4 d LOPY L)f ihc Mcmordndutn and
Anicles of A550ciation. Additionally, they aTe bTiefed by rhe Chair of the Management Committee OT another existinTh trustee aEK)Ut
the M'orkings of thL Cotjjmitiec.
Related parties
Ciiiidancc
BOVINCDOY PRE-SCHOOL IREGISTERED NUMBEIL. 05231)651 Rtpon ofthe Trnstets for Ihe )'¢xr ended 315t 2025 STRUCTURE, GOWERfANCE AfiD M.4NAGEP+1ENT Risk mallagement Thc Munu¥LttKnt Cvrntnittcc Pic-Sihi>ul btuff Latry uul li¥ulur £iE5 vf Ihc thr Lhuiily. Thc 11skh Ihc huulth and gafet¥ ofihe children. stsff, helpers and i'isirots ro ihe PTe-S¢hool and predureS are in pla¢e io ensure ¢ornplian¢e wirh healih and safcLy rcgulalions. inancial Risks ore miligad by mainiaining a suiiable level of reserves and regular reviews of fulure allendance levels are undLrtdkLn, tu Ln%urL %uItILJLnl ILL inLumL 1% maintiincd_ REFERENCE AND ADMlFlSTIL4TIVE DETAILS Registered Compgnv number 05?306i l (England and Wales) Reglstered Charity number 107414 Registered office Memorial Hall High Streei Bovingdon Hemel Hempsiead ITcrtford4hirc HP.3 OHJ 'rustee$ A Grav Truste- lappoinLed 119120241 Iresigned 11912075) E Mitchcll Tru%tcc IAppoiTbtcd 11g.J?0?41 Inde0 Trustee (appointed 1,'9120241 {TesigDed 11912025 J M HurlLy Chairnian l¥Fy)intcd ?W4i20251 E M Mil¢hell lappoinied 11912025) E Caple (ap]K)inied 119,.'?025) CompaD)' Secretary E Caplc Prtrschool Manager Mrs Cidfd Elliott Approvid by (Frdir of the board of ttustecs on 5th March 2026 and signed on its IKha]f by= M Ilurley- Ttustet Page 3
BOVIPCDON PRE.SCHOOL Statcmtnt of Fin#neial Actii'ities for lthe )'¢xr ended 315t 2025 3118124 Totsl rund5 Unr¢stri¢ted funds Nutcb INCOME AND ENDOII'IEf4JTS FRO1 Don81iollS and ILgacics 3,360 5214 Charitable artivities Edrl> YLdrs EduLdlJun 1,321 1265U4 Other ttading activiiies Ini'esiment income Other income Total 921 106 32 132740 E¥PENDITLRE ON Charitable artii'iti¢$ Ellrl) YLllf EduiEition 77.44() 86J43 Oiher Total 24.816 10? 265 23.104 Net gains on investments 425 NET INCOMEI(EXPENDITURE) 1?.447} 23.718 RECONCILIATION OF FuDs Tolal funds bro8h[ fonward 54.46_1 70,745 TOTAL FULYDS CARRIED FORWARD 54.463 The notes fom part of these financial statements Page 4
BOVINCDOY PRE-SCHOOL IREGISTERED NUMBEIL. 05231)651 Bal#£¢ Sheet 31s1 August 1025 3115'.i2 Unr¢stri¢ted funds 31181?4 Totsl rund5 Nutcb FIXED ASSETS TangiblL as5CLS Invt5tmellts 556 3.838 CURRENT ASSETS DLbiors C&8h at baiik- and in hand io 1.499 48.667 53.659 CREDITORS Ainounts falling dul within onc yL?r 13,()34) NET CURRENT ASSETS 50,625 TOTAL ASSETS LESS CURRENT L T ABILITIES 54.463 NET ASSF.TS FUNDS Unrt51ricied funds TOTAL FUNDS 12 47,016 47.016 Thc chdritdblc cornpany is cntitlcd to cxcmption frorn audit under Scction 477 of ilic CLpanicS _Act 2006 for ihc yEar cndcd 31%1 Augu5r 2025. The meinbers haNe noi required ihe company io oixain an audit of its fujancial sLaiemenLs for ihe year ended 31si Augu51 2025 i aLLOTddnLC Wlth Scction 476 ot thc CotnP¢inic% Act L(KJ6. The ItU5tees acknowledge their rwonsibilities fnr ensuring thai ihe chaniable company keeps Jccouniing reLords ihat comply wilh Seciions 386 and 387 of the Companies Aci 2006 preparing financial stateTneTrts which wve a true and fair view of Ihe 51ate of affaiw5 of the charitable Eompany as at the end of LJ¢h financial year and of lis surplus or d¢ficii for ¢a¥h finanLial }'¢ar in ac¢ordanc¥ with th¢ rL'quircm<nis of S¥¢iions 394 and 394 and which othenvise comply wilh the requirenients or the Coinpajiies Act ?IM)6 relatlll8 to financial statements, so far as applicable to the ehariiable company. (bl The notes fom part of these financial statements Page 5 continued...
BOVINCDOY PRE-SCHOOL IREGISTERED NUMBEIL. 05231)651 B*lallte Shttt- continued 31s1 August 1025 Th¢s financial gla1¥m(t5 have bcen prcparcd in a¢cordan¢L wilh thc provisions applicablc to clwritablc ¢ompani<b subjcLt ts) thc sinall ¢ompanies Tegim¢. The finanual statements were approved b? the &)ard of Trysle and authorised for issue 5rh March 2026 and were signed on its bLhalf by.. M Illlrl¢y - Trust¢e The notes fom part of these financial statements Page 6
BOVIPCDON PRE.SCHOOL Noie5 10 the Fin#ncil Stiemtnis for Ihe )'¢xr ended 315t 2025 ACCOUNTING POI,ICIES Basi5 ofpreparirtg the financi#l staten)tnts The financial sthienienis of ihe Lhjritable eompany, which is a public inefIt eniiry under FRS 102. have been prepared in acLordancc wilh thc ChariliLs SORP (FRS 10?) 'Accoulliing and RITOrting by Charilics.. SialcmLnl of RcLOnllncndcd Praciice applicable to charilies preparing their ac£ount5 in 3rcoidJnce 'ith the Financial Reporting Strndard applicable in the UK and Republic of Ireland IFRS 1021 leffe¥li¢ l Janu3r%' 0191., Financial Reponing Siandard 102 'The Finai)cial KLpuning Stdndaid dppliidbli In thL and kLpublJc ul AlLId, thL L'(TrmpaThiLS Act 20U6. 1'hL findnLJdl %lalLtnLnL% have been prepared under the hislorical cost coni"eniion. ii'ith the exception of inNe5tments which are included ar wnarkel value. as modified by the revaluaiion of certain asseis. Income All incomc is rcLoyi5cd in rhl StalcmLnr of Financial .4ctii iri¥S onci ihc chdriry has cntitlcincnt tu ihc fundb, it Is probublc Ihat ihe Income will be nxeiwed and Ihe amouni can be M<(1 rel]abl. Expemditure Liabiliiies are recognised as expendirnre &s soon as rhere is a legal or Consrrnetl obligation eommiiring rhe chariry io rhai ¢XPLndiluri, Il is probablL that a translLr of iLonomie IK'nLfits will bL fLquired in SittlLmeni and thL amount of ihL tsbligalion can be measured reliabl}. Expendiwre is COun[Cd for on an accruals basis and has been classified under headings that aggregate all cost ielaied io ihe iategory. 11.'her¢ LOSIS cannot b¢ direcily aiiribuied io paniLular kadings Ihey have been allocalcd io activitic% ot) a ba8its con%i%iClli with the USL- of rerceS_ Tangible fixed assets Drpreciation 15 pro%'idtd ai the following annual Tales in order to wriie off each att over li$ estimated useful life. Pi%tUTes aT filling5 25Q/o On C051 l axstio The cliarily is exempi from corporaiion its chan"iable adivilies. Fund ceountimg UnrLstriLicd funds can bc LLscd in KcordanLY with thc charitablc objcciivcs at thc discrction of thc mjgtccs. R¢slric¢¢d funds ¢an onl) be us¢d for pani¢u12r resiricied purws¢s within ih¢ obj¢¢ls ofihe ¢hoTily. Reslriciions arise when PCLificd by the dun(Trr or whctj fun(L% dfL rdiscd for partiLuldr nMe1C purrM)4CS. Furthcr cxplanation of thl naturc and purpo* of Lach fund is inLlud¢d in thc no¢cs thc financial staiLincntg. Pension £05ts and olher p05t-retireJllent benefits Thc cli£tTjlablc Lompdlly opcratcs a diflncd contribiition pcnsion schcmc. ContiibutiUnS P&ayablc to thc chaiitsblc company, nsion scheme are charged 10 ihe Stsiemeni of Financial AciiKiiies Jrt the period to whjch they relaie. Page 7 continued...
BOVIPCDON PRE.SCHOOL Notes t the Finnci#l S1attmets- eontinued for Ihe )'¢xr ended 315t 2025 OTHER TR.4DING ACTIVITIES -1118125 3118124 Fundraising events 921 INVTr-STMTr-NT INCOMb. 31181?5 3118124 I)eposii accouni iniere LYET I.NCOMEI(EXPELYDITLRE) Net Intom&{expendituiel is stated after ¢haT¥in(¢T¢dltlng)= 31181?5 31J8124 Depreciation- owned asse Siirplii% on di%po%al of fixcd &s8cis 556 321 556 TRLISTEES, REl¥1UERATlOp4 AND BENEFITS Thcrc wcrL no trustccs, rcmuncration or othcr bcThclJts for thL" ycar Lndcd 3 Isi .4llgusi 2025 nor for ihc ycar cndcd I Isl Au¥Just 2024. Trustees, e¥pews There were no trustees, expenses paid for the yvar etjthd 31 st Au&ws12Q25 nor for the year ended 31st Au&w51 ?024. STAFF COSTS 31181!5 3118124 Wages and balaries oihLr nL011 Losts. 69,480 75.803 2,322 The aiernge inonihly number of ernployees the year was as follo$. 3 IISI?5 3118124 Pre-school No employe¢s received emoluments in excess of £60,O(K). Page 8 continued...
BOVIPCDON PRE.SCHOOL Notes t the Finnci#l S1attmets- eontinued for Ihe )'¢xr ended 315t 2025 COMPARATII'ES FOR THE STATEIENT OF F1Tr4.4YCI.41. ACTIN'ITIF.S Unrcslri¥ted INCOME AIYD ENDOII'MENTS FROM Donations and Icgacies 5.214 Lhsritahle g¢tiiitie$ F.arl}' YtaTS F:ducation 126,504 Other trading activiii¢s Inve5ttnenl inioinc Total 921 101 132740 EXPENDITURE ON Charitable a¢tii'iti¢5 Ellrlv YLUTs EduLuti4) 86343 Oiher Total 23.104 Net gains on ini'¢siments 425 NET INI COME 23.718 RECOIYCILIATAON OF FULYDS Total funds brought forw 30,745 TOTAL FUNDS CARRtED FORWARD 54.463 Page 9 continued...
BOVIPCDON PRE.SCHOOL Notes t the Finnci#l S1attmets- eontinued for Ihe )'¢xr ended 315t 2025 TANGIBI.E FIXF.D ASSF.TS Fixlures und fiiiings COST Ai I st sepinber 2024 and.1 Isi Augus¢ 2025 DEPRECIATIO Ai 151 S¢plernkr 2024 ChargL for yiar Ai 3151 Aug7u51 2095 NET BOOK 1'.4LUE At 31 %t Augusi JQ25 Ai 3151 Augusl 2024 1.3,803 556 556 FIXED ASSET INN'ESTMENTS ListL invesirnents MARKET V.4LUE At 1st September 2024 Disposals Ai 3151.4ugusi 202) NET BOOK V.4LUE At 3151.4uiTrusl 2112) Ai 31st Augusl ?0•4 3,2821 There were no investment asset5 Outside the UK. Cost or valua11 at 31st August 2025 is represented by- Li%ted invesimeThrs Valuation in 2018 Valualion in 1019 Vdludtion in ?Q21 Valuation in 2022 Valuation in 20?4 Cost 38 94 106 (4861 425 177 Page 10 continued...
BOVIPCDON PRE.SCHOOL Notes t the Finnci#l S1attmets- eontinued for Ihe )'¢xr ended 315t 2025 10. DF.BTORS: ANIOUNTS FAI.I.ING DUE II'ITHIN ONE YEAR -1118125 3118124 Trade debtors OIknLr debtors 1.499 203 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31181?5 1118124 Trade creditors SoLial securiL)' and oiheriaxes AccTuuls and dcfcrrcd incornc 84 403 1,664 299 12. MOVEMELYT IN FUF4DS mo%'ement in funds At 3118125 Ai 1,9124 Unrestricted funds Gencral fund 54,463 (7.4471 47,016 TOTAL FUNDS Nel moverntnl Jn funds, Itiiluded Jn the above are as folk>ws.' Incoming rcsourccs Resources cxpcndcd Movemeni in fund Unrestrleted funds CILrtLral lurtd 94.81 (11)2 ?651 17.4471 TOTAL FUNDS 11)2 265 Compar3tive5 for moi'ement in fuDds Net movemenl in funds. Al 3118124 At 1.9123 Unrtstricted funds General tund 30.745 23,718 54,463 TOTAL FUNDS 30.74) Pagell continued...
BOVIPCDON PRE.SCHOOL Notes t the Finnci#l S1attmets- eontinued for Ihe )'¢xr ended 315t 2025 12. MOVF.NIF.NT IN FUNDS- continued Compurutivc tnuvcmcnt In funds, InLludcd In thL ybDYL afL al follvws". Inioming re50urc Resourics eXtnded Gaills and Movcmcnt in funds Unr¢stri¢ted funds Geiieral fllnd (109,4471 425 23,718 TOTAI. FUNDS 109 4471 425 A current year 12 month5 and prior year 12 months combined p)sition is as follows.. Nci nioveTnent in furtds At 1.9/23 3118125 Unrestricted funds Cicficral fLilld 30,745 I fi.271 47,1)16 TOTAL FUNDS 71 A currcnt ycar 12 month% 4d prior ycai 12 months cotnbincd nct movctncnt in fund&, includcd in thc abovc arc follows.. Incnming re50urce5 Re£niirces expeiided and 1085es Movcmcnt iii fvn(L Unr¢stri¢ted funds Geiieral fllnd 227 5£8 425 16,271 TOTAI, FUNDS 2117121 425 13. RELATED PARTY DISCLOSIIRES Thcrc wcrc no Tclatcd party tTansactions for thc ycarcndcd 3151 August 2024 Paee 12
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