REGISTERED COMPANY NUMBER: 05308945 REGISTERED CHARITY NUMBER: 1108152
Genesis Pre-School (Hull) Trust Limited
Unaudited Financial Statements
31st August 2025
Genesis Pre-School (Hull) Trust Limited
Contents of the Financial Statements for the year ended 31st August 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
Genesis Pre-School (Hull) Trust Limited
Reference and Administrative Details for the year ended 31st August 2025
TRUSTEES S Fyvie L H Millar (Chair) M Judah R A Elliott REGISTERED OFFICE St Martins Church Hall North Road Hull East Yorkshire HU4 6DD REGISTERED COMPANY 05308945 NUMBER REGISTERED CHARITY 1108152 NUMBER INDEPENDENT EXAMINER Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA
Page 1
Genesis Pre-School (Hull) Trust Limited
Report of the Trustees for the year ended 31st August 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Principal aims and activities
The charity exists to enhance the development and education of children primarily under the statutory school age. It seeks to do this by encouraging parents and guardians with such children in their care to understand and provide for the physical, intellectual, emotional, social and spiritual needs through the activities of the preschool.
Children moving on to local primary schools are taken there during their final weeks at Genesis, and the appropriate information about each child is passed on to these schools before they start.
Public benefit
The trustees have considered the Commission's guidance on public benefit and are of the opinion that this is fulfilled by the establishment and running of a pre-school as described above.
ACHIEVEMENTS AND PERFORMANCE
Chair's report
Genesis Pre-School is open 5 days a week from 9am to 3pm. We are situated at St Martins Community Hall, Hull.
We have Christian ethics but welcome children from any background. We have 29 Children registered some on a part time basis and some full time..
Our staff now stand at 5 permanent staff.
FINANCIAL REVIEW
Financial review
Our two main sources of income continue to be public funding and private fees.
Overall the income for the year was £125,459 (2024 £119,262) with expenditure of £118,034 (2023 £101,012).
The Surplus for the year was £7,425 (2023 £18,250)
The Trustees need to accumulate a small reserve to provide for renewal of equipment and as a contingency fund to meet unexpected expense.The target has been to have a reserve of 15% of turnover. In the General Fund this now stands at 43%. The target will be reviewed next year.
The charity's assets
The charity charges general expenditure on asset acquisition under £500 to the revenue account. It currently has no assets above this threshold.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Structure and governance
The charity is a private company limited by guarantee, and is governed by its articles and memorandum of association. At any one time there shall be no less than three trustees; there is no maximum.
Recruitment and appointment of new trustees
New trustees are appointed by the members of the charity at the Annual General Meeting, which must be held once per year. The trustees are aware of the need to increase their number, and to receive training appropriate to their role. The matter is under further consideration.
Page 2
Genesis Pre-School (Hull) Trust Limited
Report of the Trustees
for the year ended 31st August 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 7th July 2026 and signed on its behalf by:
L H Millar - Trustee
Page 3
Independent Examiner's Report to the Trustees of Genesis Pre-School (Hull) Trust Limited
Independent examiner's report to the trustees of Genesis Pre-School (Hull) Trust Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required 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 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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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 (FRS 102)).
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 understanding of the accounts to be reached.
S T Bramall BSc. FCA
Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA
7th July 2026
Page 4
Genesis Pre-School (Hull) Trust Limited
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31st August 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities 3 Pre-school 125,321 Investment income 2 138 Total 125,459 EXPENDITURE ON Charitable activities 4 Pre-school 118,034 NET INCOME 7,425 RECONCILIATION OF FUNDS Total funds brought forward 50,238 TOTAL FUNDS CARRIED FORWARD 57,663 |
Restricted fund £ - - - - - - - |
2025 Total funds £ 125,321 138 125,459 118,034 7,425 50,238 57,663 |
2024 Total funds £ 119,147 115 119,262 101,012 18,250 31,988 50,238 |
|---|---|---|---|
The notes form part of these financial statements
Page 5
Genesis Pre-School (Hull) Trust Limited
Balance Sheet
31st August 2025
| Unrestricted Restricted fund fund Notes £ £ CURRENT ASSETS Debtors 10 - - Cash at bank and in hand 93,690 - 93,690 - CREDITORS Amounts falling due within one year 11 (36,027) - NET CURRENT ASSETS 57,663 - TOTAL ASSETS LESS CURRENT LIABILITIES 57,663 - NET ASSETS 57,663 - FUNDS 12 Unrestricted funds TOTAL FUNDS |
2025 Total funds £ - 93,690 93,690 (36,027) 57,663 57,663 57,663 57,663 57,663 |
2024 Total funds £ 3,496 71,896 75,392 (25,154) 50,238 50,238 50,238 50,238 50,238 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.
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The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial 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 requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7th July 2026 and were signed on its behalf by:
L H Millar - Trustee
The notes form part of these financial statements
Page 6
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements for the year ended 31st August 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
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 specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. INVESTMENT INCOME
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Deposit account interest | 138 | 115 |
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continued...
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements - continued
for the year ended 31st August 2025
| 3. INCOME FROM CHARITABLE ACTIVITIES Activity Fees - Hull City Council Pre-school Fees - Parents Pre-school Uniform sales Pre-school 4. CHARITABLE ACTIVITIES COSTS Pre-school 5. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Insurance Telephone Postage and stationery Sundries Premises hire Repairs Teaching materials Refreshments Training Cleaning 6. SUPPORT COSTS Pre-school |
Direct Costs (see note 5) £ 111,584 |
2025 £ 121,866 2,852 603 125,321 Support costs (see note 6) £ 6,450 2025 £ 90,221 1,180 894 125 1,570 15,277 60 2,127 90 40 - 111,584 |
2024 £ 109,910 8,731 506 119,147 Totals £ 118,034 2024 £ 78,266 1,044 864 75 312 14,420 123 1,906 31 288 48 97,377 Other £ 6,450 |
|---|---|---|---|
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continued...
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements - continued
for the year ended 31st August 2025
6. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
Other
| Other | ||
|---|---|---|
| 2025 | 2024 | |
| Total | ||
| Pre-school | activities | |
| £ | £ | |
| Examination fees | 2,274 | 1,310 |
| Professional fees | 4,116 | 2,201 |
| Bank charges | 60 | 124 |
| 6,450 | 3,635 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st August 2025 nor for the year ended 31st August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st August 2025 nor for the year ended 31st August 2024.
8. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Pre School staff No employees received emoluments in excess of £60,000. 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Charitable activities Pre-school 119,147 Investment income 115 Total 119,262 EXPENDITURE ON Charitable activities Pre-school 94,279 |
2025 £ 89,414 807 90,221 2025 5 Restricted fund £ - - - 6,733 |
2024 £ 77,290 976 78,266 2024 5 Total funds £ 119,147 115 119,262 101,012 |
|---|---|---|
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continued...
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements - continued
for the year ended 31st August 2025
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund fund £ £ NET INCOME/(EXPENDITURE) 24,983 (6,733) RECONCILIATION OF FUNDS Total funds brought forward 25,255 6,733 TOTAL FUNDS CARRIED FORWARD 50,238 - 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Trade debtors - Other debtors - Prepayments - - 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Trade creditors 1,360 Pension 176 Income in advance 29,168 Accrued expenses 5,323 36,027 12. MOVEMENT IN FUNDS Net movement At 1.9.24 in funds £ £ Unrestricted funds General fund 50,238 7,425 TOTAL FUNDS 50,238 7,425 |
|
|---|---|
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continued...
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements - continued
for the year ended 31st August 2025
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 125,459 TOTAL FUNDS 125,459 Comparatives for movement in funds At 1.9.23 £ Unrestricted funds General fund 25,255 Restricted funds Restricted EYPP funding 6,733 TOTAL FUNDS 31,988 Comparative net movement in funds, included in the above are as follows: |
Resources Movement expended in funds £ £ (118,034) 7,425 (118,034) 7,425 Net movement At in funds 31.8.24 £ £ 24,983 50,238 (6,733) - 18,250 50,238 |
|---|---|
| Unrestricted funds General fund Restricted funds Restricted EYPP funding TOTAL FUNDS |
Incoming resources £ 119,262 - 119,262 |
Resources Movement expended in funds £ £ (94,279) 24,983 (6,733) (6,733) (101,012) 18,250 |
|---|---|---|
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continued...
Genesis Pre-School (Hull) Trust Limited
Notes to the Financial Statements - continued for the year ended 31st August 2025
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2025.
Page 12
Issuer
Issuer Smailes Goldie Document generated Wed, 8th Jul 2026 10:39:15 BST Document fingerprint ac105825b023e699548528849ddb90c2
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Document processed
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Mon, 13th Jul 2026 23:03:00 BST Lorraine Millar - Signer (39e63e9f04eac8f1bcc77b301fa242fd) Tue, 14th Jul 2026 7:41:59 BST Helen Rhodes - Signer (0e779a0adb58ba8c57701cbbdbc19d41) Tue, 14th Jul 2026 8:36:51 BST Steve Bramall - Signer (39e377be0c27295983ead45dad39fab3)
Audit history log
Date Action Wed, 8th Jul 2026 10:39:15 BST Envelope generated with fingerprint d50027adbc3253f8aecd3d9dbafdc007 by jordantyson@smailesgoldie.co.uk (83.100.227.175) Wed, 8th Jul 2026 10:39:16 BST Document generated with fingerprint ac105825b023e699548528849ddb90c2 (83.100.227.175) Wed, 8th Jul 2026 10:39:16 BST Document generated with fingerprint 58b5e4a80d6f125b309f1926353f6af0 (83.100.227.175) Wed, 8th Jul 2026 10:39:16 BST Document generated with fingerprint d1356d765c8d7c6d17e4bd62e9af6b81 (83.100.227.175) Wed, 8th Jul 2026 10:40:24 BST Lorraine Millar has been assigned to this envelope. (83.100.227.175) Wed, 8th Jul 2026 10:40:24 BST Helen Rhodes has been assigned to this envelope. (83.100.227.175) Wed, 8th Jul 2026 10:40:24 BST Steve Bramall has been assigned to this envelope. (83.100.227.175) Wed, 8th Jul 2026 10:41:20 BST Sent the envelope to Lorraine Millar (lottiem63@icloud.com) for signing (83.100.227.175) Wed, 8th Jul 2026 10:41:24 BST Document emailed to lottiem63@icloud.com Thu, 9th Jul 2026 16:26:50 BST Lorraine Millar opened the document email. (146.75.185.39) Thu, 9th Jul 2026 16:28:57 BST Lorraine Millar viewed the envelope (5.198.51.135) Thu, 9th Jul 2026 16:32:44 BST Lorraine Millar viewed the envelope (5.198.51.135) Thu, 9th Jul 2026 16:46:37 BST Lorraine Millar opened the document email. (83.100.227.175) Thu, 9th Jul 2026 16:48:13 BST Lorraine Millar opened the document email. (83.100.227.175) Thu, 9th Jul 2026 16:49:31 BST Lorraine Millar opened the document email. (83.100.227.175) Fri, 10th Jul 2026 10:42:15 BST Document emailed to lottiem63@icloud.com
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