**Company registration number 06625633 (England and Wales)**
**Charity registration number 1127348 (England and Wales)**
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2 - 5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 17|
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Legal and Administrative Information**
|**Trustees**|J Bailey||
|---|---|---|
||R Baker|(Appointed 22 October 2025)|
||C Bentley||
||C Cakar||
||L Prentice||
||C Rawson||
||J L Robinson||
|**Country of incorporation**|United Kingdom|06625633|
||(England and Wales)||
|**Charity registration**|England and Wales|1127348|
|**Principal address**|c/o St John the Baptist Primary School||
||Abshot Road||
||Titchfield Common||
||PO14 4NH||
|**Registered office**|26 Southampton Road||
||Park Gate||
||Southampton||
||Hampshire||
||SO31 6AF||
|**Independent examiner**|RCH Accountants Limited||
||Wellfield House||
||Temple Street||
||Llandrindod Wells||
||Powys||
||LD1 5HG||
|**Bankers**|Lloyds Bank Plc||
- 1 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport)**
## **For the Year Ended 31 August 2025**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 August 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
## **Objectives and activities**
## _**Objects and aims**_
Provision of childcare and education to children aged 2 until entry to school, in the locks heath (western wards) area.
Over the last 12month period ending 31 August 2025, the Board of Directors/Trustees of Jigsaw Pre-School (Western Wards) has sort to maintain the provision of a high quality, safe and nurturing service to young children under our care.
Close attention is given to regular reviews of the curriculum to ensure the level and contents of education provided are appropriate and effective.
The staff members are encouraged to undertake training that will benefit them both personally and professionally.
Jigsaw Pre-School (Western Wards) are striving to achieve successful relationships with parents.
## _**Public benefit**_
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance on ‘public benefit: running a charity (PB2).
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
In March 2023, Jigsaw Pre-School (Western Wards) underwent an unannounced Ofsted inspection. A rating of “Good” was achieved which is an achievement they are particularly proud of.
During the year, Jigsaw Pre-School (Western Wards) has continued to maintain the Ofsted inspection rating of “Good”.
The preschool has built and implemented a new bespoke early year’s curriculum. It has also built and implemented an enabling learning environment to support the new curriculum through play.
After a previous year of change, throughout 2023/2025 Jigsaw Preschool has fully embedded the new team and new preschool routines. 3 members of the team have enrolled on apprenticeships and hope to qualify in the next year.
- 2 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport) For the Year Ended 31 August 2025**
## **Financial review**
## _**Reserves policy**_
Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergencies and other expenditures. The trustees consider that the ideal level of reserves that Jigsaw should aspire to is £36,500. This is approximately 1 academic term of expenditure or 33% of annual expenditure. This takes into consideration any redundancy payments equivalent to 3 months’ salary.
The Board of Trustees has developed a reserves policy, it is multi layered and staged.
1. Initially move the organisation to a position where it holds neutral cash reserves.
2. Move the organisation to a position where it holds £10,000 free cash reserves
3. Move the organisation to a position where it holds £20,000 free cash reserves.
4 Move the organisation to a position where it holds £36,500 free cash reserves. The level needed to cover approximately 33% of annual expenditure and to allow the benefits of cash flow and economies of scale.
Jigsaw’s financial proposal continues for the future to run on a termly basis, monitoring the incoming government funding and invoiced additional hours and fees.
As anticipated, by reducing the business to a single setting and changing the new management structure has allowed the Preschool to become profitable. It is expected that by 31/08/2025, Jigsaw Preschool will be holding positive free cash reserves.
As at 31st August 2025 positive free cash reserves stood at £34,465.
## **Financial instruments**
## _**Objectives and policies**_
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value.
## _Major risks_
## **Major risks and management of those risks**
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. The major risks identified by the trustees all have relevant policies in place.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
In the future Jigsaw Pre-School (Western Wards) plan the following:-
- Continue to embed the enrichment fee to parents to support to cover the rising costs of snacks and consumables, as well as enriched learning activities
- Continue to embed our core values of ‘to be curious, be creative, be captivated’.
- To engage with and celebrate our local community
- To research and apply for applicable grant funding
- To continue to develop staff through formal and informal training programmes including apprenticeships.
- Take part in further training such as emotion coaching and behaviour management strategies including the ‘curious, not furious’ approach to enrich children’s development and resilience.
- continued growth of Jigsaw Preschool through advertising and improved parental relationships
- 3 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport) For the Year Ended 31 August 2025**
## **Structure, governance and management** _**Nature of governing document**_
The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.
Advantage has been taken of Section 30 of the Companies Act 1985 exempting the company from the requirements to show Limited with its name.
As an Incorporated Charity, Jigsaw Pre-School’s governing constitutional document is its “Memorandum & Articles of Association”. These define the organisation’s charitable objects, composition of its Board of Trustees and the rules under which it is managed and operates.
## _**Trustees and officers**_
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
J Bailey R Baker (Appointed 22 October 2025) C Bentley C Cakar L Prentice C Rawson J L Robinson
## _**Recruitment and appointment of trustees**_
The directors of the charitable company (the charity) are its trustees for the purpose of charity law.
The composition of the Board of Trustees is outlined in the “Memorandum & Articles of Association”.
Trustees are appointed or their positions ratified at the Annual General Meeting and are undertaken in accordance with the organisation’s governing constitutional document the “Memorandum & Articles of Association”.
## _**Induction and training of trustees**_
Trustees are inducted by informal conversation with the Business Manager Mrs J L Robinson, who is also a Trustee.
## _**Organisational structure**_
The Charity is run by the Board of Trustees; it is they who take responsibility for the strategic planning and monitoring of the work of the Charity, alongside the Business Manager and the Setting Manager.
## **Relationship with related parties**
Ofsted – Preschool Inspector and Regulator Charity Commission – Charities Inspector and Regulator Children’s Services – Support for Child care providers
- 4 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport)**
## **For the Year Ended 31 August 2025**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Jigsaw Pre-School (Western Wards) for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
C Bentley **Trustee**
29 June 2026
- 5 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Independent Examiner's Report**
## **To the Trustees of Jigsaw Pre-School (Western Wards)**
I report to the trustees on my examination of the financial statements of Jigsaw Pre-School (Western Wards) (the Charity) for the year ended 31 August 2025.
## **Responsibilities and basis of report**
As the trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **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 that in any material respect:
- 1 accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
- 4 the financial statements 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 financial statements 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 financial statements to be reached.
M L Barnes FCA FCCA
## **RCH Accountants Limited**
Wellfield House Temple Street Llandrindod Wells Powys LD1 5HG 29 June 2026
- 6 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Statement of Financial Activities**
**(Including Income and Expenditure Account)**
## **For the Year Ended 31 August 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
80
6,413
Charitable activities
**4**
145,056
-
Other trading activities
**5**
501
-
Investments
**6**
1
-
**Total income**
145,638
6,413
**Expenditure on:**
Charitable activities
**7**
124,838
3,588
**Total expenditure**
124,838
3,588
**Net income/(expenditure) and**
**movement in funds**
20,800
2,825
**Reconciliation of funds:**
Fund balances at 1 September
2024
13,665
678
**Fund balances at 31 August**
**2025**
34,465
3,503|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
6,493
3,649
-
145,056
118,193
-
501
-
-
1
1
-
152,051
121,843
-
128,426
106,040
174
128,426
106,040
174
23,625
15,803
(174)
14,343
(2,138)
852
37,968
13,665
678|**Total**
**2024**
**£**
3,649
118,193
-
1
121,843
106,214
106,214
15,629
(1,286)
14,343|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 7 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Balance Sheet**
## **As at 31 August 2025**
|**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
**15**
**Net current assets**
**Total assets less current liabilities**
**The funds of the Charity**
Restricted income funds
**17**
Unrestricted funds
**18**|**2025**
**£**
891
46,207
47,098
(9,130)|**£**
-
37,968
37,968
3,503
34,465
37,968|**2024**
**£**
559
23,620
24,179
(9,944)|**£**
108
14,235|
|---|---|---|---|---|
|||||14,343|
|||||678
13,665|
|||||14,343|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 29 June 2026
C Rawson
**Trustee**
- 8 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements For the Year Ended 31 August 2025**
## **1 Accounting policies**
## **Charity information**
Jigsaw Pre-School (Western Wards) is a private company limited by guarantee incorporated in England and Wales. The registered office is 26 Southampton Road, Park Gate, Southampton, Hampshire, SO31 6AF.
## **1.1 Basis of preparation**
The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
## **1.4 Income**
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 9 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **1 Accounting policies**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Office equipment 20% straight line
## **1.7 Impairment of fixed assets**
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 10 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **1 Accounting policies**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
80
-
Grants receivable
-
6,413
80
6,413
**Grants receivable**
Hampshire County
Council Discretionary
Grants
-
-
Hampshire County
Council Grants
-
6,413
-
6,413|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
80
-
-
6,413
3,649
-
6,493
3,649
-
-
2,086
-
6,413
1,563
-
6,413
3,649
-|**Total**
**2024**
**£**
-
3,649|
|---|---|---|
|||3,649|
|||2,086
1,563|
|||3,649|
- 11 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **4 Income from charitable activities**
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Charitable activity**|||
||St Johns|144,257|118,193|
||Other income|799|-|
|||145,056|118,193|
|**5**|**Income from other trading activities**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Fundraising events|501|-|
|**6**|**Income from investments**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Interest receivable|1|1|
- 12 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **7 Expenditure on charitable activities**
|**Direct costs**
Staff costs
St Johns
**Share of support and governance costs (see note 8)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds
**8**
**Support costs allocated to activities**|**Total**
**2025**
**£**
97,491
8,696
106,187
19,929
2,310
128,426
124,838
3,588
128,426|**Total**
**2024**
**£**
85,357
2,220|
|---|---|---|
|||87,577
16,333
2,304|
|||106,214|
|||106,040
174|
|||106,214|
||||
|Depreciation
Establishment costs
Office expenses
Printing postage and stationery
Sundry costs
Advertising
Payroll
Professional fees
Insurance
Uniforms
Governance|**Total**
**2025**
**£**
108
12,561
2,313
-
379
262
773
1,494
1,684
355
2,310
22,239|**Total**
**2024**
**£**
391
8,078
2,894
989
889
24
732
880
1,199
257
2,304|
|---|---|---|
|||18,637|
- 13 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
|**9**|**Net movement in funds**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|2,310|2,304|
||Depreciation of owned tangible fixed assets|108|391|
## **10 Trustees**
Other than as detailed below none of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
The following Trustee was employed as operations manager by the Charity during the year:
Mrs J L Robinson remuneration £30,427 (2024 £28,802)
## **11 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2025**|**2024**|
||**Number**|**Number**|
|Employees|6|5|
|**Employment costs**|**2025**|**2024**|
||**£**|**£**|
|Wages and salaries|88,546|83,374|
|Social security costs|227|622|
|Pension costs|1,509|1,361|
|Agency Costs|5,530|-|
|Staff training|1,679|-|
||97,491|85,357|
|There were no employees whose annual remuneration was more than £60,000.|||
|**Remuneration of key management personnel**|||
|The remuneration of key management personnel was as follows:|||
||**2025**|**2024**|
||**£**|**£**|
|Aggregate compensation|30,427|28,802|
## **12 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
- 14 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **13 Tangible fixed assets**
|**Cost**
At 1 September 2024
At 31 August 2025
**Depreciation and impairment**
At 1 September 2024
Depreciation charged in the year
At 31 August 2025
**Carrying amount**
At 31 August 2025
At 31 August 2024
**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**Office**
**equipment**
**£**
1,955
1,955
1,847
108
1,955
-
108
**2025**
**2024**
**£**
**£**
151
-
740
559
891
559
**2025**
**2024**
**£**
**£**
3,085
3,943
480
336
5,565
5,665
9,130
9,944
**2025**
**2024**
**£**
**£**
1,509
1,361|**Office**
**equipment**
**£**
1,955
1,955
1,847
108
1,955
-
108
**2025**
**2024**
**£**
**£**
151
-
740
559
891
559
**2025**
**2024**
**£**
**£**
3,085
3,943
480
336
5,565
5,665
9,130
9,944
**2025**
**2024**
**£**
**£**
1,509
1,361|
|---|---|---|
|||1,955|
|||1,847
108|
|||1,955|
|||-
108|
|||**2024**
**£**
-
559|
|||559|
|||**2024**
**£**
3,943
336
5,665|
|||9,944|
|||**2024**
**£**
1,361|
The Charity operates a defined contribution pension scheme for all qualifying employees.
Contributions totalling £480 (2024 - £336) were payable to the scheme at the end of the year and are included in creditors.
- 15 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **17 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2025**|
||**2024**||||
||**£**|**£**|**£**|**£**|
|Tesco Bags For Help|678|-|(135)|543|
|The Hampshire County Council Disability|||||
|Access Fund (DAF)|-|1,848|(885)|963|
|The Hampshire County Council Support Grant|-|4,565|(2,568)|1,997|
||678|6,413|(3,588)|3,503|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|Tesco Bags For Help|852|-|(174)|678|
Tesco Bags For Help represents funds received towards garden costs.
The Hampshire County Council Disability Access Fund (DAF) represents funds towards support for children with disabilities or special educational needs.
The Hampshire County Council support grant represent funds towards supporting children and families suffering financial hardship.
## **18 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2025**|
||**2024**||||
||**£**|**£**|**£**|**£**|
|General funds|13,665|145,638|(124,838)|34,465|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|General funds|(2,138)|121,843|(106,040)|13,665|
- 16 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **19 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 August 2025:**
Current assets/(liabilities)
34,465
3,503
34,465
3,503
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 August 2024:**
Tangible assets
108
-
Current assets/(liabilities)
13,557
678
13,665
678|**Total**
**2025**
**£**
37,968|
|---|---|
||37,968|
||**Total**
**2024**
**£**
108
14,235|
||14,343|
## **20 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
- 17 -
**Company registration number 06625633 (England and Wales)**
**Charity registration number 1127348 (England and Wales)**
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2 - 5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 17|
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Legal and Administrative Information**
|**Trustees**|J Bailey||
|---|---|---|
||R Baker|(Appointed 22 October 2025)|
||C Bentley||
||C Cakar||
||L Prentice||
||C Rawson||
||J L Robinson||
|**Country of incorporation**|United Kingdom|06625633|
||(England and Wales)||
|**Charity registration**|England and Wales|1127348|
|**Principal address**|c/o St John the Baptist Primary School||
||Abshot Road||
||Titchfield Common||
||PO14 4NH||
|**Registered office**|26 Southampton Road||
||Park Gate||
||Southampton||
||Hampshire||
||SO31 6AF||
|**Independent examiner**|RCH Accountants Limited||
||Wellfield House||
||Temple Street||
||Llandrindod Wells||
||Powys||
||LD1 5HG||
|**Bankers**|Lloyds Bank Plc||
- 1 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport)**
## **For the Year Ended 31 August 2025**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 August 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
## **Objectives and activities**
## _**Objects and aims**_
Provision of childcare and education to children aged 2 until entry to school, in the locks heath (western wards) area.
Over the last 12month period ending 31 August 2025, the Board of Directors/Trustees of Jigsaw Pre-School (Western Wards) has sort to maintain the provision of a high quality, safe and nurturing service to young children under our care.
Close attention is given to regular reviews of the curriculum to ensure the level and contents of education provided are appropriate and effective.
The staff members are encouraged to undertake training that will benefit them both personally and professionally.
Jigsaw Pre-School (Western Wards) are striving to achieve successful relationships with parents.
## _**Public benefit**_
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance on ‘public benefit: running a charity (PB2).
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
In March 2023, Jigsaw Pre-School (Western Wards) underwent an unannounced Ofsted inspection. A rating of “Good” was achieved which is an achievement they are particularly proud of.
During the year, Jigsaw Pre-School (Western Wards) has continued to maintain the Ofsted inspection rating of “Good”.
The preschool has built and implemented a new bespoke early year’s curriculum. It has also built and implemented an enabling learning environment to support the new curriculum through play.
After a previous year of change, throughout 2023/2025 Jigsaw Preschool has fully embedded the new team and new preschool routines. 3 members of the team have enrolled on apprenticeships and hope to qualify in the next year.
- 2 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport) For the Year Ended 31 August 2025**
## **Financial review**
## _**Reserves policy**_
Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergencies and other expenditures. The trustees consider that the ideal level of reserves that Jigsaw should aspire to is £36,500. This is approximately 1 academic term of expenditure or 33% of annual expenditure. This takes into consideration any redundancy payments equivalent to 3 months’ salary.
The Board of Trustees has developed a reserves policy, it is multi layered and staged.
1. Initially move the organisation to a position where it holds neutral cash reserves.
2. Move the organisation to a position where it holds £10,000 free cash reserves
3. Move the organisation to a position where it holds £20,000 free cash reserves.
4 Move the organisation to a position where it holds £36,500 free cash reserves. The level needed to cover approximately 33% of annual expenditure and to allow the benefits of cash flow and economies of scale.
Jigsaw’s financial proposal continues for the future to run on a termly basis, monitoring the incoming government funding and invoiced additional hours and fees.
As anticipated, by reducing the business to a single setting and changing the new management structure has allowed the Preschool to become profitable. It is expected that by 31/08/2025, Jigsaw Preschool will be holding positive free cash reserves.
As at 31st August 2025 positive free cash reserves stood at £34,465.
## **Financial instruments**
## _**Objectives and policies**_
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value.
## _Major risks_
## **Major risks and management of those risks**
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. The major risks identified by the trustees all have relevant policies in place.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
In the future Jigsaw Pre-School (Western Wards) plan the following:-
- Continue to embed the enrichment fee to parents to support to cover the rising costs of snacks and consumables, as well as enriched learning activities
- Continue to embed our core values of ‘to be curious, be creative, be captivated’.
- To engage with and celebrate our local community
- To research and apply for applicable grant funding
- To continue to develop staff through formal and informal training programmes including apprenticeships.
- Take part in further training such as emotion coaching and behaviour management strategies including the ‘curious, not furious’ approach to enrich children’s development and resilience.
- continued growth of Jigsaw Preschool through advertising and improved parental relationships
- 3 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport) For the Year Ended 31 August 2025**
## **Structure, governance and management** _**Nature of governing document**_
The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.
Advantage has been taken of Section 30 of the Companies Act 1985 exempting the company from the requirements to show Limited with its name.
As an Incorporated Charity, Jigsaw Pre-School’s governing constitutional document is its “Memorandum & Articles of Association”. These define the organisation’s charitable objects, composition of its Board of Trustees and the rules under which it is managed and operates.
## _**Trustees and officers**_
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
J Bailey R Baker (Appointed 22 October 2025) C Bentley C Cakar L Prentice C Rawson J L Robinson
## _**Recruitment and appointment of trustees**_
The directors of the charitable company (the charity) are its trustees for the purpose of charity law.
The composition of the Board of Trustees is outlined in the “Memorandum & Articles of Association”.
Trustees are appointed or their positions ratified at the Annual General Meeting and are undertaken in accordance with the organisation’s governing constitutional document the “Memorandum & Articles of Association”.
## _**Induction and training of trustees**_
Trustees are inducted by informal conversation with the Business Manager Mrs J L Robinson, who is also a Trustee.
## _**Organisational structure**_
The Charity is run by the Board of Trustees; it is they who take responsibility for the strategic planning and monitoring of the work of the Charity, alongside the Business Manager and the Setting Manager.
## **Relationship with related parties**
Ofsted – Preschool Inspector and Regulator Charity Commission – Charities Inspector and Regulator Children’s Services – Support for Child care providers
- 4 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Trustees' Report (Including Directors' Rreport)**
## **For the Year Ended 31 August 2025**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Jigsaw Pre-School (Western Wards) for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
C Bentley **Trustee**
29 June 2026
- 5 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Independent Examiner's Report**
## **To the Trustees of Jigsaw Pre-School (Western Wards)**
I report to the trustees on my examination of the financial statements of Jigsaw Pre-School (Western Wards) (the Charity) for the year ended 31 August 2025.
## **Responsibilities and basis of report**
As the trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **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 that in any material respect:
- 1 accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
- 4 the financial statements 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 financial statements 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 financial statements to be reached.
M L Barnes FCA FCCA
## **RCH Accountants Limited**
Wellfield House Temple Street Llandrindod Wells Powys LD1 5HG 29 June 2026
- 6 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Statement of Financial Activities**
**(Including Income and Expenditure Account)**
## **For the Year Ended 31 August 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
80
6,413
Charitable activities
**4**
145,056
-
Other trading activities
**5**
501
-
Investments
**6**
1
-
**Total income**
145,638
6,413
**Expenditure on:**
Charitable activities
**7**
124,838
3,588
**Total expenditure**
124,838
3,588
**Net income/(expenditure) and**
**movement in funds**
20,800
2,825
**Reconciliation of funds:**
Fund balances at 1 September
2024
13,665
678
**Fund balances at 31 August**
**2025**
34,465
3,503|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
6,493
3,649
-
145,056
118,193
-
501
-
-
1
1
-
152,051
121,843
-
128,426
106,040
174
128,426
106,040
174
23,625
15,803
(174)
14,343
(2,138)
852
37,968
13,665
678|**Total**
**2024**
**£**
3,649
118,193
-
1
121,843
106,214
106,214
15,629
(1,286)
14,343|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 7 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Balance Sheet**
## **As at 31 August 2025**
|**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
**15**
**Net current assets**
**Total assets less current liabilities**
**The funds of the Charity**
Restricted income funds
**17**
Unrestricted funds
**18**|**2025**
**£**
891
46,207
47,098
(9,130)|**£**
-
37,968
37,968
3,503
34,465
37,968|**2024**
**£**
559
23,620
24,179
(9,944)|**£**
108
14,235|
|---|---|---|---|---|
|||||14,343|
|||||678
13,665|
|||||14,343|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 29 June 2026
C Rawson
**Trustee**
- 8 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements For the Year Ended 31 August 2025**
## **1 Accounting policies**
## **Charity information**
Jigsaw Pre-School (Western Wards) is a private company limited by guarantee incorporated in England and Wales. The registered office is 26 Southampton Road, Park Gate, Southampton, Hampshire, SO31 6AF.
## **1.1 Basis of preparation**
The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
## **1.4 Income**
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 9 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **1 Accounting policies**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Office equipment 20% straight line
## **1.7 Impairment of fixed assets**
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 10 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **1 Accounting policies**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
80
-
Grants receivable
-
6,413
80
6,413
**Grants receivable**
Hampshire County
Council Discretionary
Grants
-
-
Hampshire County
Council Grants
-
6,413
-
6,413|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
80
-
-
6,413
3,649
-
6,493
3,649
-
-
2,086
-
6,413
1,563
-
6,413
3,649
-|**Total**
**2024**
**£**
-
3,649|
|---|---|---|
|||3,649|
|||2,086
1,563|
|||3,649|
- 11 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **4 Income from charitable activities**
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Charitable activity**|||
||St Johns|144,257|118,193|
||Other income|799|-|
|||145,056|118,193|
|**5**|**Income from other trading activities**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Fundraising events|501|-|
|**6**|**Income from investments**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Interest receivable|1|1|
- 12 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **7 Expenditure on charitable activities**
|**Direct costs**
Staff costs
St Johns
**Share of support and governance costs (see note 8)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds
**8**
**Support costs allocated to activities**|**Total**
**2025**
**£**
97,491
8,696
106,187
19,929
2,310
128,426
124,838
3,588
128,426|**Total**
**2024**
**£**
85,357
2,220|
|---|---|---|
|||87,577
16,333
2,304|
|||106,214|
|||106,040
174|
|||106,214|
||||
|Depreciation
Establishment costs
Office expenses
Printing postage and stationery
Sundry costs
Advertising
Payroll
Professional fees
Insurance
Uniforms
Governance|**Total**
**2025**
**£**
108
12,561
2,313
-
379
262
773
1,494
1,684
355
2,310
22,239|**Total**
**2024**
**£**
391
8,078
2,894
989
889
24
732
880
1,199
257
2,304|
|---|---|---|
|||18,637|
- 13 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
|**9**|**Net movement in funds**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|2,310|2,304|
||Depreciation of owned tangible fixed assets|108|391|
## **10 Trustees**
Other than as detailed below none of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
The following Trustee was employed as operations manager by the Charity during the year:
Mrs J L Robinson remuneration £30,427 (2024 £28,802)
## **11 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2025**|**2024**|
||**Number**|**Number**|
|Employees|6|5|
|**Employment costs**|**2025**|**2024**|
||**£**|**£**|
|Wages and salaries|88,546|83,374|
|Social security costs|227|622|
|Pension costs|1,509|1,361|
|Agency Costs|5,530|-|
|Staff training|1,679|-|
||97,491|85,357|
|There were no employees whose annual remuneration was more than £60,000.|||
|**Remuneration of key management personnel**|||
|The remuneration of key management personnel was as follows:|||
||**2025**|**2024**|
||**£**|**£**|
|Aggregate compensation|30,427|28,802|
## **12 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
- 14 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **13 Tangible fixed assets**
|**Cost**
At 1 September 2024
At 31 August 2025
**Depreciation and impairment**
At 1 September 2024
Depreciation charged in the year
At 31 August 2025
**Carrying amount**
At 31 August 2025
At 31 August 2024
**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**Office**
**equipment**
**£**
1,955
1,955
1,847
108
1,955
-
108
**2025**
**2024**
**£**
**£**
151
-
740
559
891
559
**2025**
**2024**
**£**
**£**
3,085
3,943
480
336
5,565
5,665
9,130
9,944
**2025**
**2024**
**£**
**£**
1,509
1,361|**Office**
**equipment**
**£**
1,955
1,955
1,847
108
1,955
-
108
**2025**
**2024**
**£**
**£**
151
-
740
559
891
559
**2025**
**2024**
**£**
**£**
3,085
3,943
480
336
5,565
5,665
9,130
9,944
**2025**
**2024**
**£**
**£**
1,509
1,361|
|---|---|---|
|||1,955|
|||1,847
108|
|||1,955|
|||-
108|
|||**2024**
**£**
-
559|
|||559|
|||**2024**
**£**
3,943
336
5,665|
|||9,944|
|||**2024**
**£**
1,361|
The Charity operates a defined contribution pension scheme for all qualifying employees.
Contributions totalling £480 (2024 - £336) were payable to the scheme at the end of the year and are included in creditors.
- 15 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **17 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2025**|
||**2024**||||
||**£**|**£**|**£**|**£**|
|Tesco Bags For Help|678|-|(135)|543|
|The Hampshire County Council Disability|||||
|Access Fund (DAF)|-|1,848|(885)|963|
|The Hampshire County Council Support Grant|-|4,565|(2,568)|1,997|
||678|6,413|(3,588)|3,503|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|Tesco Bags For Help|852|-|(174)|678|
Tesco Bags For Help represents funds received towards garden costs.
The Hampshire County Council Disability Access Fund (DAF) represents funds towards support for children with disabilities or special educational needs.
The Hampshire County Council support grant represent funds towards supporting children and families suffering financial hardship.
## **18 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2025**|
||**2024**||||
||**£**|**£**|**£**|**£**|
|General funds|13,665|145,638|(124,838)|34,465|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|General funds|(2,138)|121,843|(106,040)|13,665|
- 16 -
## **JIGSAW PRE-SCHOOL (WESTERN WARDS)**
## **Notes to the Financial Statements**
## **For the Year Ended 31 August 2025**
## **19 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 August 2025:**
Current assets/(liabilities)
34,465
3,503
34,465
3,503
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 August 2024:**
Tangible assets
108
-
Current assets/(liabilities)
13,557
678
13,665
678|**Total**
**2025**
**£**
37,968|
|---|---|
||37,968|
||**Total**
**2024**
**£**
108
14,235|
||14,343|
## **20 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
- 17 -
Wellfield House, Temple Street Llandrindod Wells, LD1 5HG
01597 824855 info@rchca.co.uk www.rchca.co.uk
Our Ref: J067-L
## Date: 29 June 2026
Private and Confidential
The Board of Trustees Jigsaw Pre-School (Western Wards) c/o St John the Baptist Primary School Abshot Road Titchfield Common PO14 4NH
Dear All
During the course of the preparation of your accounts for the period ending 31 August 2025, the following representations were made to us by the management and trustees. Please read these representations carefully and if you agree with our understanding please sign and return a copy of this letter to us as confirmation of this.
Representation
- 1 You acknowledged as trustees that you have fulfilled your responsibilities under the Charities Act 2006 for making accurate representations to us and for the accounts which we have prepared for the company in accordance with the applicable financial reporting FRS 102.
You confirm that in your opinion the financial statements give a true and fair view and in particular that where any additional information must be disclosed in order to give a true and fair view that information has in fact been disclosed.
- 2 You confirmed that all accounting records had been made available to us for the purpose of preparing the company’s accounts and that all the transactions undertaken by the company had been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and shareholders’ meetings, had been made available to us.
- 3 You confirmed that the company had no liabilities or contingent liabilities other than those disclosed in the accounts.
- 4 You confirmed that there have been no events since the balance sheet date which required disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.
- 5 You confirmed that the company has had, at no time during the year, any arrangement, transaction or agreement to provide credit facilities (including advances and credits granted by the company) for trustees, nor to provide guarantees of any kind on behalf of the trustees.
- 6 You confirmed that you are aware of the definition of a related party for the purpose of the accounting framework being applied in the preparation of the accounts. You confirmed that the related party relationships and transactions set out below are a complete list of such relationships and transactions and that you are not aware of any further related parties or transactions.
|Party|Nature of Transaction|
|---|---|
|Trustees as noted on page 12 of the
accounts|J L Robinson, salary and pension costs totalling £30,427.40|
RCH is the trading name of RCH Accountants Limited Company No 15034538 VAT Reg No 450 9152 04 Registered in England and Wales Registered Office: Wellfield House, Temple Street, Llandrindod Wells, Powys, LD1 5HG Offices also at Llanidloes and Newtown
Directors: Tim Richardson FCA Marian Barnes FCCA FCA
Directors: Tim Richardson FCA David Richardson FCCA Matthew Richardson LLB MBA Marian Barnes FCCA ACA
- 7 You confirmed that the company has not contracted for any capital expenditure other than as disclosed in the accounts.
- 8 You confirmed you are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the entry conducts its business and which are central to the entity’s ability to conduct its business, except as explained to us and as disclosed in the accounts.
- 9 You confirmed that, having considered your expectations and intentions for the next twelve months and the availability of working capital, the company is a going concern.
- 10 You confirmed the following specific representations made to us during the course of preparing your accounts relating to:
- You confirm the restricted funds as detailed in note 16, page 15 of the accounts accurately reflects all restricted income and expenditure during the year, and you confirm that the closing balances shown on all funds at 31 August 2025 are accurate. You confirm that the donor is aware of the closure of the venue for which the grant was received and has confirmed that the grant may be spent at the remaining venue.
- You confirmed the total amount of bills received dated 31/08/2025 or earlier, and unpaid at 31/08/2025, amounted to £3,085.25.
Yours sincerely
## _Marian Barnes_
For and on behalf of RCH Accountants Limited
We confirm that we have read and understood the contents of this letter and agree that it accurately reflects the representations made to you by the trustees during the course of preparing the company’s accounts.
Yours faithfully,
………………………………………… …………………………………….. Mrs C Bentley Mrs C Rawson
Date:
Date: