**Company registered number** 5493614 **Charity registered number** 1131512
## Greenhills Pre-school
## Unaudited Financial statements
For the year ended 31 August
2025
## **Greenhills Pre-school Unaudited Financial statements Contents**
||**Page**|
|---|---|
|Trustees, Director, officers and advisers|**1**|
|Director's and Trustees' Report|**2 - 3**|
|Independent Examiner's report|**4**|
|Statement of Financial Activities (incorporating the Income and Expenditure Account)|**5**|
|Balance sheet|**6**|
|Statement of Cash Flows|**7**|
|Notes to the financial statements|**8 - 11**|
|Details of Activities|**12 - 13**|
## **Greenhills Pre-school Director's and Trustees' Report Trustees, Director, officers and advisers**
|**ustees**
M. Thompson
Director
J. MacDonald
Trustee
E. Hornby
Trustee
R. Jamieson
Trustee
H. Bamford
Trustee
K. Steele
Trustee
B Craig
Trustee and Chair
Z Carrington
Trustee
S Radcliffe
Trustee|Appointed
22/08/2022
02/11/2022
02/11/2022
23/11/2023
23/11/2023
23/11/2023
14/11/2024
14/11/2024
14/11/2024|Resigned
14/11/2024
14/11/2024
14/11/2024|
|---|---|---|
## **Director and Trustees**
## **Accountants**
Ogden Townsend Limited 24-26 Jordangate Macclesfield Cheshire SK10 1EW
## **Independent Examiner**
Alan Ogden Ogden Townsend limited 24/26 Jordangate Macclesfield Cheshire SK10 1EW
## **Bankers**
Royal Bank of Scotland 56 Chestergate Macclesfield Cheshire SK11 6BA
## **Registered office and Principal Place of Business**
The Marlborough County Primary School Tytherington Drive Macclesfield Cheshire SK10 2HJ
**Company number** 5493614
**Registered Charity number** 1131512
1
**Greenhills Pre-school Director's and Trustees' Report**
The Trustees present the Director's and Trustees' Report and the financial statements of the company for the year ended 31 August 2025.
In preparing these financial statements the trustees have complied with the duty in section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission, including public benefit guidance.
## **Principal activity and objective**
The principal activity of the charity is to provide activities, experiences and equipment that will satisfy and stimulate children's intellectual needs and to help with the first steps towards the National Curriculum.
The objectives of the charity are to provide a safe, caring and stimulating environment in which children can develop educationally and socially. In setting the objectives and planning our activities the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and, in particular, to its supplementary public benefit guidance on advancing education and on fee charging. All children are welcome to attend and bursaries are available to ensure that even those families unable to afford the fees are able to be included. There are funded trips for the children as well as a day-to-day environment created to maximise learning in all areas.
## **Structure, governance and management**
The charity is an independent charity registered under The Charities Act 2011 and incorporated under The Companies Act 2006. The charity operates under its Memorandum and Articles of Association and has absorbed the Pre-school Learning alliance Constitution within these.
The Charity is governed by a committee who are responsible for the appointment of Trustees and for setting remuneration of the company officials.
Trustees are recruited by invitation from members of the Committee and Directors are appointed at the Annual General Meeting.
## **Achievements and performance**
During the year the charity provided quality education to pre-school children from the age of three, of which all four year olds have, since, progressed to full-time education.
## **Financial Review**
The charity recognises that it has a commitment to provide appropriate premises in which to conduct its activities and, so as to ensure that this commitment can be met in the future, it has a policy of building a reserve which has been earmarked for the refurbishment or replacement of the building, and to cover the contracted restitution of the land on which the charity's building rests at such time as the charity should cease its operations. This reserve currently stands at £63,095 (2024 - £12,387).
The Trustees also consider it prudent to set aside funds to cover the eventual redundancy costs in the event of the school closing and have therefore adopted a policy of building a reserve for this purpose. This reserve has been maintained at a level estimated to cover three months of salaries. It currently stands at £23,250 (2024 - £22,000).
2
## **Greenhills Pre-school Director's and Trustees' Report**
These designated reserves are represented by cash held on a separate deposit account opened specifically for the purpose. The remaining reserves are held to ensure that the charity can continue to achieve its objectives in the future, and to protect the charity from future fluctuations in the level of income.
## **Trustees' responsibilities**
Company law requires the trustees to prepare the Director's and Trustees' Report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice (UK GAAP).
Company law prevents the trustees from approving the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit for that period.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable 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 company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose, with reasonable accuracy, at any time, the financial position of the company and that enable them to ensure that the financial statements comply with the Companies Act.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities, and, where appropriate, are responsible for the maintenance and integrity of the corporate and financial information included on the company's web-site. It is important to bear in mind that legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ
## **Small company special provisions**
The above report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime Part 15 of the Companies Act 2006.
This report was approved by the board on
……………………………………
Trustee
M. Thompson
3
**Greenhills Pre-school Independent examiner's report to the trustees of Greenhills Pre-school**
I report on the financial statements of the company for the year ended 31 August 2025 which are set out on pages 5 to 13.
## **Respective responsibilities of trustees and examiner**
The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the financial statements under scetion 145 of the 2011 Act;
to follow the procedures laid down in the general directions given by the Charities Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, **no matter has come to my attention** which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006; and to keep accounting records in accordance with section 396 of the Companies Act 2006 other than any requirement to give a true and fair view; and
to prepare the financial statements in accordance with the methods and principles set out in the Charities SORP (FRS 102),
have not been met; nor have any matters come to my attention which, in my opinion, should be drawn to the Trustees' attention in order to enable a proper understanding of the financial statements to be reached.
D. A. Ogden
24/26 Jordangate Macclesfield Cheshire SK10 1EW
Ogden Townsend limited
Dated
…………………………..
4
## **Greenhills Pre-school**
## **Statement of financial activities (incorporating the Income and Expenditure Account) for the year ended 31 August 2025**
|**Note**
**Income and endowments from:**
**2**
**donations and legacies**
**fundraising activities**
**investments**
**charitable activities**
Other incoming resources
**JRS Grants**
**Total income**
**Expenditure on**
**2**
**raising funds**
**charitable activities**
**other**
**Total expenditure**
**Net income/(expenditure) for the year**
**3**
**Gross transfers between funds**
**Net movement in funds for the year**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|**General**
**Designated**
**£**
**£**
**96,829**
**-**
**1,222**
**-**
**1,638**
**-**
**64,494**
**-**
**-**
**-**
**164,183**
**-**
**-**
**-**
**136,923**
**-**
**1,108**
**138,031**
**-**
**26,152**
**-**
**(51,958)**
**51,958**
**(25,806)**
**51,958**
**59,172**
**34,387**
**33,366**
**86,345**
**2025**
**Unrestricted funds**|**Total funds**
**£**
**96,829**
**1,222**
**1,638**
**64,494**
**-**
**164,183**
**-**
**136,923**
**1,108**
**138,031**
**26,152**
**-**
**26,152**
**93,559**
**119,711**|**Total funds**
**General**
**Designated**
**£**
**£**
**£**
99,535
-
99,535
3,085
-
3,085
1,352
-
1,352
33,145
-
33,145
-
-
-
137,117
-
137,117
-
-
-
110,555
-
110,555
1,099
1,099
111,654
-
111,654
25,463
-
25,463
(3,984)
3,984
-
21,479
3,984
25,463
37,693
30,403
68,096
59,172
34,387
93,559
**2024**
**Unrestricted funds**|
|---|---|---|---|
**The Statement of Financial Activities includes all gains and losses in the year. All income and expenditure is derived from continuing activities.**
5
## **Greenhills Pre-school Balance Sheet as at 31 August 2025**
## **Company number: 5493614 Charity number: 1131512**
|**Notes**
**Fixed assets**
Tangible assets
5
**Current assets**
Debtors
6
7
**Net current**
**assets**
Designated funds
8
General fund
9
**Total funds**
Designated investments (bank
deposit account)
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**Total assets less current**
**liabilities**
**The funds of the charity**
**Unrestricted funds:**|**£**
**£**
**£**
**£**
198
1,095
198
1,095
1,072
198
86,345
34,387
62,152
87,356
149,569
121,941
30,056
29,477
119,513
92,464
119,711
93,559
86,345
34,387
33,366
59,172
119,711
93,559
**2024**
**2025**|**£**
**£**
**£**
**£**
198
1,095
198
1,095
1,072
198
86,345
34,387
62,152
87,356
149,569
121,941
30,056
29,477
119,513
92,464
119,711
93,559
86,345
34,387
33,366
59,172
119,711
93,559
**2024**
**2025**|
|---|---|---|
|||1,095
92,464|
||149,569
30,056||
||||
|||93,559|
|||34,387
59,172|
|||93,559|
The trustees are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of that Act.
The director and trustees acknowledge their responsibilities for ensuring that the company keeps proper accounting records which comply with Section 386 of the Companies Act 2006; and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of Section 393 of the Companies Act 2006, and which otherwise comply with the requirements of this Act relating to accounts, so far as applicable to the company.
M. Thompson Director
Approved by the board on
6
## **Greenhills Pre-school Statement of cash flows for the year ended 31 August 2025**
|Cash flows from operating activities
Profit/(loss)
Adjustments for:
Depreciation
Movements in working capital
Decrease / (Increase) in equipment
Decrease / (Increase) in debtors
Increase / (Decrease) in creditors
**Net cash generated from/(used in) operating activities**
Cash flows from investing activities
(Increase)/reduction in designated bank balances
**Net cash used in investing activities**
Cash flows from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2025**
£
26,152
897
27,049
0
(874)
579
**26,754**
(51,958)
**(51,958)**
(25,204)
87,356
**62,152**|**2024**
£
25,463
1,087|
|---|---|---|
|||26,550
(349)
4,744
12,642|
|||**43,587**|
|||(3,984)|
|||**(3,984)**|
|||39,603
47,753|
|||**87,356**|
7
**Greenhills Pre-school Notes to the Accounts for the year ended 31 August 2025**
## **1 Accounting policies**
The financial statements have been prepared in accordance with "FRS102", "The Charities SORP (FRS102); and the Companies Act 2006.
## _**Company status**_
The company is a public benefit entity, incorporated in England and Wales and is limited by guarantee.
The liability in respect of the guarantee, as set out in the Memorandum of Association, is limited to £1 per member. There are eight members.
## _**Capitalisation and depreciation of tangible fixed assets**_
New assets are only capitalised if over £500 in value at the time of acquisition.
Freehold buildings 5% on cost Equipment 25% on cost
## _**Leasing and hire purchase commitments**_
Rentals paid under operating leases are charged to income as they fall due.
## **2** _**Income and expenditure recognition**_
## _**Income**_
The income is attributable to the one principal activity of the charity. Income is recognised when all of the following criteria have been met: The company is entitled to the income, it is probable that the income will be received, and the monetary value of the income can be reliably measured.
Grants are received from the Local Authority in respect of the number of children on the roll. Any unspent balances on grants are carried forward on the appropriate fund for use in future periods. Where the income is dependent on specific performance the grant will be deferred until the criteria above have been determined. Where the above criteria have been met, but the grant is in respect of future periods, then the income is recognised and treated as restricted or designated as appropriate.
## _**Expenditure**_
Expenditure is recognised, on an accruals basis, in the year in which the activity, giving rise to the liability, occurs.
8
## **Greenhills Pre-school Notes to the Accounts for the year ended 31 August 2025**
|**3**
**Net income/(expenditure) for the year**
This is stated after charging:
Director's remuneration
Social security costs
Payroll costs (excluding directors remuneration)
Pension costs
Training costs
Total staff costs
Depreciation of owned fixed assets
Independent examiner's fee
Staff receiving remuneration in excess of £60,000.
Average number of employees
Average number of full-time staff
Average number of part-time staff|**2025**
34,888
3,808
82,490
2,168
249
123,603
897
150
**No.**
-
6
3
3|**2024**
27,140
884
65,912
1,673
232|
|---|---|---|
|||95,841
1,000
144|
|||**No.**
-
6
4
2|
One trustee, Mrs. M. Thompson, receives remuneration as an employee in respect of the provision of teaching services provided to the charity. The remuneration is detailed above. Safeguards have been adopted, in accordance with the 2011 Charities Act, to ensure that no remuneration is paid in respect of work carried out as a trustee, nor is this trustee involved in the setting of the remuneration for this role.
No trustees claimed expenses during the year.
## **4 Taxation**
As a charity the company is exempt from Corporation Tax.
9
## **Greenhills Pre-school Notes to the Accounts for the year ended 31 August 2025**
## **5 Tangible fixed assets**
|**Tangible fixed assets**||||
|---|---|---|---|
|**Cost**
At 1 September 2024
Additions
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the year
At 31 August 2025
**Net book value**
At 31 August 2024
At 31 August 2025|**Buildings**
**£**
28,957
-
28,957
28,124
832
28,956
833
1|**Equipment**
**£**
3,132
-
3,132
2,870
65
2,935
197
197|**Total**
**£**
32,089
-|
||||32,089|
||||30,994
897|
||||31,891|
||||1,095|
||||198|
|**6**
**Debtors**
Prepayments
Other debtors
**7**
**Creditors: amounts falling due within one year**
Accruals and deferred income
Other taxes
Other creditors|**2025**
**£**
-
1,072
1,072
**2025**
**£**
26,547
2,572
937
30,056|**2024**
**£**
198
-|
|---|---|---|
|||198|
|||**2024**
**£**
26,356
1,953
1,168|
|||29,477|
10
## **Greenhills Pre-school Notes to the Accounts**
**for the year ended 31 August 2025**
|**8**
**Unrestricted designated funds**
At 1 September 2024
Transfer (to)/from general reserve
At 31 August 2025
**9**
**Unrestricted general funds**
At 1 September 2024
(Deficit)/surplus for the year
Transfer (to)/from other funds
At 31 August 2025|**Buildings**
**Reserve**
**£**
12,387
50,708
63,095|**Redundancy**
**Reserve**
**£**
22,000
1,250
23,250
**£**
**2025**
59,172
26,152
(51,958)
33,366|**Total**
**Reserves**
**£**
34,387
51,958|
|---|---|---|---|
||||86,345|
||||**£**
**2024**
37,693
25,463
(3,984)|
||||59,172|
The general reserves are unrestricted and have not been specifically allocated. They exist to provide the charity with financial protection for its operations in the event of inclement economic conditions. The Trustees have not determined a specific general reserves policy, but review the reserves of the charity on a regular basis.
|**10 Operating lease commitments**
within one year
within two to five years
The total future minimum lease payments under non-cancellable
operating leases are payable as follows:|**2025**
**2024**
248
248
-
248
248
496|
|---|---|
## **11 Going concern**
There are no material uncertainties about the charity's ability to continue as a going concern.
`
11