## **ST MICHAEL’S PRESCHOOL**
Charity Commission Registered No: 1110379
## **ANNUAL REPORT AND ACCOUNTS**
For the period
1[st] November 2024 to 31[st] October 2025
## **ST MICHAEL'S PRESCHOOL**
Registered Charity No: 1110379
## **RECEIPTS AND PAYMENTS FOR THE FINANCIAL YEAR ENDING 31ST OCTOBER 2025**
|**RECEIPTS**
NEF Funding
Other Funding
Fees
Other Income
Bank Interest
Donations and Grants
Fund Raising
**TOTAL RECEIPTS**
**PAYMENTS**
Wages inc Inland Revenue payments
Training Total
Other Staff Costs
Resources
Premises
Consumables
Other Costs
Bank Charges
Fees and Subscriptions
Administration
Governance
Fundraising
**TOTAL PAYMENTS**
Net of Receipts/(Payments)
Transfer between funds
Balance b/fwd
**Balance c/fwd**|**UNRESTRICTED**
**FUNDS**
Year-ending
31/10/25
146,968
12,463
9,709
0
434
178
212
**169,964**
(141,966)
(1,788)
(1,110)
(10,261)
(18,285)
(2,168)
(3,475)
(63)
(6,215)
(2,324)
(194)
(9)
**(187,858)**
(17,894)
0
95,718
**77,824**|**RESTRICTED**
**FUNDS**
Year-ending
31/10/25
0
0
0
0
0
0
0
**0**
0
0
0
(133)
0
0
0
0
0
0
0
0
**(133)**
(133)
0
856
**723**|**TOTAL FUNDS**
Year-ending
31/10/25
146,968
12,463
9,709
0
434
178
212
**169,964**
(141,966)
(1,788)
(1,110)
(10,394)
(18,285)
(2,168)
(3,475)
(63)
(6,215)
(2,324)
(194)
(9)|**TOTAL FUNDS**
Year-ending
31/10/24
149,758
17,548
15,757
225
448
0
354|
|---|---|---|---|---|
|||||**184,090**|
|||||(129,003)
(569)
(656)
(6,876)
(17,721)
(2,853)
(2,179)
(72)
(5,909)
(1,907)
(168)
0|
||||**(187,991)**|**(167,913)**|
||||(18,027)
0
96,574|16,177
0
80,397|
||||**78,547**|**96,574**|
Page 1
## **ST MICHAEL'S PRESCHOOL**
Registered Charity No: 1110379
## **STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST OCTOBER 2025**
|**CASH FUNDS**
Barclays Current
Barclays Fundraising
Barclays Active Saver
Cash
**Total Cash Funds**
**OTHER ASSETS**
**LIABILITIES**
Independent Examination|**UNRESTRICTED**
**FUNDS**
31/10/2025
**£**
34,410
11,940
31,438
36
**77,824**
0
**0**
160
**160**|**RESTRICTED**
**FUNDS**
31/10/2025
723
0
0
0
**723**
0
**0**
0
**0**|**TOTAL FUNDS**
31/10/2025
35,133
11,940
31,438
36
**78,547**
0
**0**
160
**160**|**TOTAL FUNDS**
31/10/2024
49,654
15,911
31,004
5|
|---|---|---|---|---|
|||||**96,574**|
|||||0|
|||||**0**|
|||||160|
|||||**160**|
I approve the Receipts and Payments Accounts set out on page 1 and above and confirm that all relevant records that all relevant records and information has been made available for their preparation.
Signed on behalf of the Trustees:
Signature Name
## **NOTES**
1. No trustees received renumeration or reimbursements in the period above.
Page 2
**St Michaels Preschool Trustee Annual Report For the year ended 31[st] October 2025**
The trustees present their report and independently examined financial statements for the year ended 31[st] October 2025.
## **Reference and Administrative Details:**
Registered Name: St Michaels Preschool Charity No: 1110379 Operational Address: St Michaels Preschool The Church Hall Mace Road Peterborough PE2 8RQ Trustees at date of Report: Name Position Ieuan Williams Chairperson Kate Emberson Treasurer Jennifer Childs Member Julian Elvestad Member Ellen Greaves-Anderson Member Bongani Matjeke Member Sophie Rust Member Agnieska Tyminska Member Trustees who have left during the year: Name Kirstie Tutton Rachel Tukamubona Fatima Ali Bankers: Barclays Bank Independent Examiner: Mark Bedford MAAT 11 Belton Road Stanground Peterborough PE2 8UU
## **Structure Governance and Management**
This is a membership organisation governed by the model Pre-school Learning Alliance Constitution 2011, which was adopted at the Annual General Meeting held on 29[th] October 2014. Members can be parents or guardians of all children who attend playgroup or other interested individuals approved by the Committee.
## **St Michaels Preschool Trustee Annual Report For the year ended 31[st] October 2025**
Committee members, who act as the charity trustees, are appointed or confirmed at the Annual General Meeting. All committee members give their time on a voluntary basis and receive no remuneration or other benefits.
## **Objects and Activities**
The aims are, as set out in the constitution, to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
- (a) offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
- (b) Encouraging the study of the needs of the children and their families and promoting public interest in and recognition of such needs in the local areas;
- (c) Instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance.
## **Achievements and Performance**
During the year, St Michael’s Preschool continued to operate with the strong commitment of both staff and committee members, whose ongoing support is integral to the effective running and sustainability of the setting.
The year presented a number of challenges, including financial pressures and an increase in the level of need among children attending the setting. Despite these challenges, the staff team remained positive, dedicated, and fully committed to supporting children attending the setting.
We welcomed one team member back from maternity leave in January, while another left to pursue travel opportunities. A new member of staff also joined our team and is currently working towards her Level 3 qualification. The continued development of staff remains a priority. During the year, two staff members successfully achieved their Level 3 childcare qualifications. In addition, one staff member completed a Level 3 SENCo qualification, and another achieved an NVQ in Early Years Leadership. All staff also renewed their First Aid certificates.
The preschool continued to invest in its environment. New sheds were added to the garden, the mud kitchen was improved, and themed interest sheds were introduced to support children’s learning and engagement outdoors.
Sustainability was also a focus during the year. Recycling practices were increased, and staff supported children in learning about where food comes from through planned activities.
Looking ahead, the preschool plans to provide more opportunities for families to attend events, engage with staff, and gain a greater insight into the activities and experiences offered to children.
In setting the objectives and planning the activities of the Pre-school, the Committee and employees have carefully considered the Charity Commission’s guidance on public benefit, ensuring that the preschool’s activities benefit children and families within the local community.
**St Michaels Preschool Trustee Annual Report For the year ended 31[st] October 2025**
## **Reserves policy**
The reserves policy states that the preschool aims to hold sufficient funds to meet its Pay in Lieu of Notice (PILON) obligations in the event of closure. In addition, reserves are maintained to cover three months’ notice for building rental and insurance commitments.
In accordance with this policy, the required level of reserves is £28,584. The preschool maintained cash balances above this level throughout the financial year.
## **Financial Review**
The Trustees are responsible for the preparation of the financial statements in accordance with the Charities Statement of Recommended Practice. They are also responsible for safeguarding the Charity’s assets and taking reasonable steps to prevent and detect fraud and other irregularities. As a small charity, the accounts are prepared on a Receipts and Payments basis, which records actual cash received and paid during the year and does not include year-end accruals or adjustments.
For the financial year ending 31st October 2025, the accounts show that total income for the year was £169,964, compared to £184,090 in the previous year. The main sources of income were Nursery Education Funding of £146,968 (2024: £149,758), fees of £9,709 (2024: £15,757), and other funding, which is predominantly SEND funding, of £12,463 (2024: £17,548).
Total expenditure for the year was £187,991, an increase from £167,913 in the previous year. The main areas of expenditure were staff wages of £141,966, reflecting an increase of £12,963 due primarily to the rise in the National Living Wage, premises costs of £18,285 (2024: £17,721), and resources of £10,394 (2024: £6,876).
The final cash balance at the close of the financial year was £78,547.
This Report has been approved by the Trustees and has been signed on their behalf by:
Signature: Date:
Full Name:
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