Registered Company No: 05537796 Reglstered Charity No: 1112175 The Owl Pre-school Annual Report and Financial Ststements for the year ended 31 July 2025
The (hvl Pre4chool Re8l$tered Charlty Number: 1112175 Company Number. 05537796 Re8lstered Offlce.. The Owl Pre-school Building Packham Road Northfleet Kent DAII 7JF Indopendent Examlner. K Scudder Sécretary: P Hickmott Bankers: Santander and Nationwlde Truste•s: J Gooch (Chalrl S Ewin8 P Hickmott L Gilbert L Read A Garnett B Reynolds L Flynn
The Owl Pre4chool Contents Pag Trustees. report 14 Independent EXaminS report Statement of Financial Activtlies & Balance Sheet Notes to the Accounts
The Pr&School (CpanY Re£tstratI number 05S3TJ96) Trustees, Report For the year ended 31 July 2025 The trustees, who are also dirertors of the charity for the purposes of the Companies Art 2006, present their report with the financial statements of the tharity for the year ended 31 Juty 2025. The trustees have adopted the provisions of the Statement of Recommended Prartice ISORPI IFRS 1021. The company is registered as a charitable company limited by guarantee and is constituted bv memorandum and articles of assoclatlon incorporated 16 August 2(X)5 as amended by special resolutlon dated 10 November 2016. STRucfuRE. GOVERNANCE, OBJEcfivES AND MANAGEMENT Objectives The objectives of the charity are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of thelr chlldren through community groups and by: Offerlng appropriate playi education and care facilities and training courses. tO8ether with the rlght of parents to take responsibility for and to become invofved in the activities of such groups, ensuring that such groups offer opportunitie5 for all thildren whatever their race, culture, religion, means or ability. Encoura8ing the study of the needs of such children and their famllies and promoting publlc interest in and recogn5tion of such needs. Instigatin8 and adhering to and furthering the aims and objects of the Pre-school Learning Alliance. Trustee< Responslbllftles The Trustees are responslble for preparing the Tru5tees' Annual Report and the financial statements in accordance wlth appllcable law and Unlted Kin8dom Accountlng Standards IUnr(ed Kln8dom Generally Accepted Accountin8 Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs of the Ch3rity and of the incoming resources and application of resources of the Charity for that period. In preparin8 these financial statements. the Trustees are requlred to.. select 5Ultable accounting policles and then apply them consistently: observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent,. state whether applicable ac¢ountin8 Standards have been followed. subSect to any materfal departures disclosed and explained in the flnanclal ststements.. prepare financial statements on the going concern basis unless it is inappropriate to presume that the Charty wlll continue In operatlon. The Trustees are responsIe for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Att 2011. the Charity (Accounts and Reportsl Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity and hen for taking reasonable steps forthe prevention and detettion of fraud and other irregularities.
The Owl Pre-SchDoI Icompany Registration nThber 05537796) Trustees. Report Conllnued For the year ended 31 July 2025 Publlc benefrt In meeting the objectives of the charty The Owl pre-sdl fuffils its public benefft requirement by providing the highest qualrty of care and education for all children and are committed to valuing diversity by providin8 equality of opportunity and at)ti-discriminatory practi for all children and their familles. Apwblntment and Training ofTntstees The trustees who have served durin8 the year are set out above. The trustees are appointed by the members of the company and one thlrd of the trustee5 retires by rotation each year and may offer themselves for rfrelection in accordance with the Articles of Association. The Tiustees and dirertors The directors of the charitable company (the charity) are its tnjstees for the purpose of charity law. The trustees and officers seing during the year and since the year en(i were as follows.. J Gooch (Chairl J Haile Ire518ned 10 Jan 20251 S Ewlng L Read L Gllbert P Hlckmott B Reynolds A Garnett L Flynn Rlsk Assessment The trustees have revlewed the dsks and are confldent that they have all r15k5 covered wlth actlons to mlnimlse risk and exposure to the charity. ACTIVITIES, ACHIEVEMENTS. PERFORMANCE AND HNANaAL REVIEW Revlew (rf Developmenty Artlvltles and Achlevemerts The Income and Expendlture Account Please see the attached. As in previous years we have continued to achleve a falrly sound financlal position and have been able to continue to provide the security and quality of service standards, Set bv the management committee. Income5 Our main income is generated by Early Years Fundin& a government scheme that provides funding for chlldren aged 2 to 4 years. Some chIldn that attend are not eligible for the funding scheme and pay sessional fee until they reach the required a8e to receive the Early Years fundin8. We carry large amounts of fundraislng to cover any shortfalls and addStlonal resources, consumables etc. We are also seeking donations and grants and this year we received a sizeable donation from the local authority. This enabled us to add a new storage shed and put towards the replacement of the perimeter fencing.
The CMI Pr&SclM)ol (Ccryany R*tratlon number 05537796) Trustees Report Contlnued For the year ended 31 July 2025 Expenditure Rent and Bulldlngs All repairs lo the build1 are the resExs1ts1llty of the Pre-kn. Chjr operatlf¥J costs such as gas, eleclricily, water, telephone and interrEt are inclLthd within this narrative. We own the tlI[ding. however we lease the land from Kent County C(MJncS1. the lease was due for renewal In Awusl 2024. We have saved for the new rent irreaSe anLI the expense due to the solicllors. The bulldlng is over 30 years old and malntenarKe Is parl of our Planned expenditure The outdoor area Is in reed of updalirvJ. espedally Ihe area perimeter fence. We are savlng to replace the fencing and mae safe other areas of outdcy)r spKe. The building window calche5 all need repla¢lng, so v will contlnue to fundraise to cover this futwe expense. We monltor the rlsing costs of our monlhy bllls and have made changes lo our suppllers to Save money Salarles We currently have 12 members of staff aTrJ I zero hoLYS contracter Malerlals and Consumable Item5 We are ahvays IcoklNJ io repl&e arKJ PLrchase w re arxl equipment for Pre•schl. Securfng fundlng trom the local Rotary Club enabled us to repl the dlmbirq frame and sllde In the outdoor area Thls has made a blg Impact on ttE phy&cal develOpNnI of our chlldren. We budget for our actlvlties and hygipne consumables as well as the chlldren's dalty rofreshmcnls. We ask the parents for a voluntary conlrlbulk)n towards the costs of Ihe 5nKks, dough and cooklThJ aclivltSes, whlch has helpe(1 lo lower costs. We tcok parl in the Fareshare FThJd kheme to lower f(K)d cosls. bul slopped its Serv1 as11 was not meetlng our needs. Pafents were also asked lo make a voluntary conirlbullon towards the c05t of cMsumables, field trip5 and library vlslls. CPD for Staff We are commllled to the conllnuous rersonal developmenl of our staff and they have atte11 varlou5 Iralnlng courses throughout the year. All slaff attend the statutory Fir51 Aid, foryj hygiene and Safeguardlng Iralnlng Reserves Approxlmately £50,CW15 kept In a reserve xccwnt a5 Unthable. Th15 sum of morw Is reserwJ for the FKisslblllty of staff redundaTKie5 and larger repair5 arKI malnlenar£e as the bulldlng Is over 30 years old. The Charlly Commisslon requlres the pre-sch1 to have reserves in the event ol closure and redundancy. We are looklng lo replace Ihe wlmeler ferte. upgrade the ¢JJld(x)r area and pay Ihe back.pay of our rent increase lo KCC, therefore in future monlhs we will transfer some of the resetves to fund Ihis expense alongslde any fundralsirMJ. Jane Gooch Chalr Trustee." J Gooch Tntstee: lF1 £Sl91
The Owl Pr&Sch(MA (Cwy Reglslration 05537796) INtEPENDENT EXAMINEWS REPORT TO THE TRUSTEES OF THE OWL PRE.SCHOC Forthe year ended 31 2025 I report on the attounts of the Trust for year eth 31 2025 whith a set oul on paw 5 to 11. Respeclfve reSp(M1$ of tnteesaThl examw The Charlly's Trustees are responslble for Pfeparation of Ihe acc(yJnls The Charltys Trustee5 consider Ihat an audll Is not required for this year under sectlon 144(2) of Ihe CharlIS N£t 2011 (the 2011 Act) and that an Independent examinatlon Is needed It Is my reswnslblllty to.. examine the ount5 under section 145 of the 201 l Act. follow the pr(Kedures laid dovm In the general Dlre£tlon5 glven by the Charlty Coffwnlsslon under secllon 14515)Ib) of the 2011 Acl and stale wheiher partlcular matters have come to my atten1k. Bas1$ of Independent examlnefs report My examlnalion was carrled out In acc(n wlth general Dlrecikm5 glven by the Charlty Commlsslon An examinallon IrKludes a rev1 of the accounling records kept by the Charlty and a comparlson of the accounts presented wSlh those records. 11 also I1[&e5 consideration of any unusual Items or disclosure5 In the accounts. and seekir4J explanatlons from you as Trustees concernir@ any such mallers. The procedures undertaken do not pr(whle all the evl(Jence that would be requlred In an audll anrj consequently no oplnlon Is given as lo whetr the accounts wesent a -Irue and falr vlevf and the rekvt Is limlled to Ihose matters sel out In the statement below Independent examlnefs statement In connectlon wllh my examlnallon, rn matter ha5 coThE lo my allenlkm.. l. whlch gfves me reasonable cae lo belEwe thal. In any materlal respect, the requlrements.. to keep accounllThJ records In Cordae wllh tion 130 of the 2011 P£t' arNI lo prepare accounts whlch ¥c(Kd wlth the ntIrj rd5 and comply wllh the Kcountlng req¢Jlrements of the 2011 Act have not been mel. or 2. to whlch, in my oplnlon. attentkm sh(MJld t* okawm In order lo enable a rAoper Unstand1r of the accoun15 lo be rehed K Scudder 26 May 2026
The Owl PrSchOol Icrffipany Regsl0n number 05537M) rATEmE OF FINANaAL AcnvmES FOR THE YEAR ENDED 31 JULY 2025 2024 Incomlng Resources Donations & legacies Income from charitable activities Investment income Fundraising other income 4,643 180,419 1.241 667 2,977 189,947 7,319 176.111 1,069 1,895 186,882 Resources Expended Expenditure on charitsble artNittes 1181.7771 1161,5841 1181,777 8,170 161,5841 25,298 Net Incoming resourceSl{resourS expended) Net movement In fund Balance brought forward at l August 2024 Balance carried forward at 31 Juty 2025 8,170 25,298 108.938 117,108 83,640 108,938 The notes on pages 7 to 11 f4)mi an Integral part ofthese flnandal statements
BAlKE SHEEf AS AT 31 JULY 2025 2024 Flxed Assets 5,456 6,820 Current Assets Debtors Cash al bank and In harml 10 1,308 127,562 I,IXJ8 107,504 128,870 134,236 108,512 115,332 Credllors: am(xmts fallkvj (k wllhln one year 11 (17.218) (6.394) (17,218) (6,394) Net Assets 117,108 FInaed by: Llnreslrlcted Fund as at l ALWSt 2024 Add Surp1{Def1tI frcAn ReverN Account 15 108.938 83,640 8,170 117,108 25,298 For the yeaf endlrKJ 31 July 2025 the charllable cLKnpanywdS entltled lo exemptlon from audlt under sectlon 477 of the Companles Act 2(Y)6 relatlr¥J lo small companles. The members have requlred the charllable company to obtain an audlt of ils flnanclal slalemenis f[ Ihe year elIng 31 July 2024 In accordan wllh sectlon 476 of the Companles Acl 2LX)6 The trustees ackmwledge Ihelr resrthslblllltes for.. ensurlr¥J th31 the charitable company keeps )lIng recLYd5 that compty wlth &clkNI 386 and 387 of Ihecompanles Act 2(Th and preparlng flnancial statements whlch gfve 3 tnje arKd falr vlLyNof the slate of affalrs of the charllable company as al end ol each finarla1 perlod and of ils Sur$ or dencll for each flnarKlal perlcxl in rdance with the requiremen15 of Sectlors 394 and 395 and whlch 01heO$e comply wllh the requirements of the Companles Act 2(X)6 rdating io flnancial statements, so far as appllcable to tIE charltable company. These flnonctal stalements have been prepared in a¢UYdare thrfth slI0n 398 of the Companles Act 2CX)6 Spclion 138 of the Charllles Act 2011. These accounts are prepared In accordance wllh Ihe special provision5 of Part 15 of the Companles Act 2(J)6 relatlng to small companles and c(mslltule Ihe annual accounts required by the Companies Act 2CX)6 and are for clrculation to meMr5 of the company. Approved by the Iruslees and slgwl on thelr behalf by Tru5tse: J Gooch 2r/ q176
The Owl PrtrSth00l (CanY Re8istrats number 05537796) NOTES TO THE ACCOUNTS for the year ended 31 July 2025 Ateountlng Polkles: Actountlng Conventlon: The financial Statements have been prepared In accordance wlth 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 IFRS 1021 (effective l January 20151- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 10213nd the Companies Act The Owls Pre-school meets the definlon of a wblic benefit entlty under FRS 102. Assets and Ilabllrties are initially recognSsed at historical cost or transartlon value unless Otherwise ststed In the relevant accounting policy note{s}. Reconclllatlon wlth prevlously Generalty Accepted Accourtlw Prnrtke: In preparing the accounts, the trustee5 have considered whether in applying the accounting policies required by FRS 102 and the Charltles SORP FRS 102 no restatement of comparatNe items was required. Incomlng Re50urees: All incoming resources a included in the Ststement of Flnanclal Actlvltles ISOFAI when the Charity is le8ally entstled to the Income and the amount tan be quantified with re?50nable accuraLy. For legacies. entitlement is the earlier of the Charlty belng notlfled of an impendln8 distributlon or the legacy bein8 received. Resources Expended: All expendlture is accounted for on an accruals basls and has been classifled under headings that aggregate all costs related to the category. Where costs cannot be dlrectly attributed to particular headings they have been allocated to actlvltles conslstent wlth the resources. Fund AccauntSn8: General funds are unrestrirted funds whith are available for use at the discretion of the Trustees in furtherance of the general objectwes of the Charity and which have not been designated for other purposes. Designated funds are unrestrlcted funds which the trustees have designated for a specific purpose. There are no restricted funds. Flxed Assets: Depreciation is provided at the followin8 annual rates in order to write off each asset over its estimated useful lrfe.. Computer Equipment - 20% reducing balance Plant & M3¢hinery- 2(r% reducln8 balance Debtors: These relate to prepayments and accrued income. Credltors: These relate to other treditors, accruals and deferred income. Value Added Tax: Srrecoverable VAT which can be attributed trj a capital item or revenue expenditure is added to the cost of the capitsl item or expense5 where prarticable and material.
The Owl fvfrschool (C•y Re8btratlon number 05537PJ6) NOTES TO THE ACCOUNTS for the year ended 31 Juty 2025 Donations and legades 2025 2024 Donations Grant from KCC 4,643 3,319 4,1)00 7,319 4.643 Income from ¢harhable actlvltles 2025 2024 Income from KCC Fees 174,557 5,862 180,419 166,399 9,712 176,111 Investment Income 2025 2024 Bank interest receried 1,241 1,069 FundTalsln8 2025 2024 Raffles Photos 667 667 oihef Income 2025 2024 Snacks Uniform & water t*)ttle sales 2,857 120 2,977 1,895 1,895
The OVA PrscIN)01 {Company Registration number 055377961 NOTESTO THE ACCOUNTS forthe year ended 31 July 2025 Analysls of charltsble expendlture 2025 2024 Direct costs Wages and salaries costs Staff training and welfare Rent Rates Light and heat Telephone and fax Stationery and prlnting Subscription5 Insurance Software and IT costs Repairs and maintenance Snacks Funday event costs Communication Grant Sundry expenses Donatlons Depreciation charge Accountancy Fee5 Other le8al and profes51onal 8.638 147,332 1.514 7,610 131,930 1,170 2,000 2,598 3,284 1,939 2,102 2,849 720 2,060 1,194 1,784 1,194 331 2,517 3,343 1,949 283 1.098 789 1,364 1,250 1,705 1,270 232 161,584 181,777 Analysls of Resources Expended 2025 2024 Resources expended Snclude the folkjwing: Independent examiners fee 260 260
The Owl Prfrsthool (Compaw RetratIon number 05537> NOTES TO THE ACCOUNTS for the year ended 31 Juty 2025 Hxed Assets Compirter Equipment Plant & Machinery Tot•1 Cost At l August 2024 Additions At 31 July 2025 l)epreclatl¢)n At l August 2024 Charge for the year At 31 July 2025 Net Book Value At 31 Juty 2025 7,230 9,314 2.084 7,230 9.314 952 226 1.178 1.542 1,138 2.494 1,364 3.858 4,550 5,456 At 31 July 2024 1.132 6,820 10 Debtors 2025 2024 Prepayments and accrued income 1.308 I.LK$8 11 Credltors < l year 2024 Trade creditors Other taxes and soci31 security Other ¢reditors and accruals 770 10,019 6,429 17,218 1,712 4,682 6,394 12 Trustee Remuneratlon Trustees do not receive remuneratbon for thelr services as trustees. io
The Owl Prtrsthool (Company Regislration number 05537M) NOTES TO THE ACCOUNTS forthe year ended 31 July 2025 13 Truste Expense5 Trustees received OLrt of Pet expense5 totalllng £nll12024.. £nil)- 14 Employee Emoluments 2025 2024 Wages and salarles Employers Nl contributions Employer5 pension contrlbutlons 144,337 992 2,(M)3 147.332 130,419 1,510 131,929 15 Reseryes Unrestrlcted Funds 2024 Funds 2025 Balance at start of financial year SurplusllDeficitl for the year Balan at close of financlal year 108,938 8,170 117,108 83,640 25,298 108,938 16 Related party tran&ietlons There are no related party transactK¥ns In the year. 17 Contfolllng Interest The Trustees as a collectNe body control the charty. 18 Commltments The charity had no capital commitments a5 at 31 July 202512024.. £nlll-