## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **DIRECTORS' AND TRUSTEES' REPORT**
## **AND**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDING**
**31ST AUGUST 2025**
Company No. 7722052 (Registered in England and Wales) Charity No. 1132767
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **CONTENTS**
||**Page**|
|---|---|
|**Director's report**|1 - 4|
|**Statement of Financial Activities**|5|
|**Balance sheet**|6|
|**Notes to the financial statements**|7 - 11|
|**Independent Examiner's Report**|12 - 13|
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDING**
## **31ST AUGUST 2025**
## Chair's report
The trustees are pleased to present their annual directors' report together with the financial statements of the charity for the year ending 31st August 2025 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum an Articles of Association, and 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)
Lucy Grimes Chair
Page 1
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
## **Reference and administrative details**
Charity number 1132767 Company number 7722052 Registered Office Holbein Close Basingstoke Hampshire United Kingdom RG21 3EX **Our advisers** Independent Examiner Black & White Chartered Certified Accountants Bank CAF Bank
## **Directors and trustees**
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Chair: Lucy Grimes Trustees: Catherine Mansbridge Charlotte Miller Fe Scotting Hannah Buckthorpe (appointed 14 October 2024) Rhiannon Baker (ceased 14 October 2024) Stacey-Louise Harbertson (appointed 11 June 2025) Mary Kenrick (appointed 15 January 2026) Catherine Burton (appointed 15 January 2026) Cecile Andrade (appointed 27 January 2026) Directors: Catherine Mansbridge Charlotte Miller Fe Scotting Lucy Grimes Rhiannon Baker (ceased 14 October 2024)
Page 2
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
## **Objects of the Charity, Principal Activities and Organisation of our work**
The charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.
The aims of the charity are to run a pre-school to enhance the development and education of children, primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
- a) offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
- b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
- c) instigating and adhering to and furthering the aims and objects of the pre-school learning alliance.
The board of trustees, who meet at least 12 times a year, are responsible for the administration of the charity. The day to day management is delegated to the Manager, who is responsible for the line management of the other members of the team.
Trustees are appointed by the existing board members and are drawn from interested members of the public.
The trust places much reliance on the services of unpaid volunteers. This includes the time provided by the trustees.
## **Public Benefit**
The trustees have complied with their duty to have due regard to the guidance on public benefit as published by the Charity Commission.
The trustees feel that the charity is of public benefit.
Page 3
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
## **Trustees' Responsibilities in Relation to the Financial Statements**
The charity trustees (who are also the directors of Little Ducklings Preschool Basingstoke for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accpeted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources.
In preparing those financial statements the directors are required to:
- (i) Select suitable accounting policies and then apply them consistently;
- (ii) Observe the methods and principles in the Charities SORP (FRS 102)
- (iii) Make judgements and estimates that are reasonable and prudent;
- (iv) State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- (iii) 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 proper accounting records which disclose, with reasonable accuracy any time the financial position of the charity and to 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 are responsible for the maintenance and integrity of the corporate and financial information included in the charitable company's website. Legislation in the Unilted Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
By order of the Board
Signed on behalf of the Trustees
Signature……………………
Lucy Grimes Chair
Date.........................
Page 4
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)**
## **FOR THE YEAR ENDED**
## **31ST AUGUST 2025**
|**GUST 2025**||||||||
|---|---|---|---|---|---|---|---|
|**Incoming Resources**
Income and endowments from:
Charitable activities
Investments
Other income
**Total income**
**Resources expended**
Expenditure on:
Raising funds
Charitable activities
**Total expenditure**
**Net income/(expenditure) before investment**
**gains/(losses)**
Net gains/(losses) on investments
**Net income/(expenditure) and net**
**movement in funds for the year**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Notes**||**Unrestricted**
**Funds**
**2025**
197,435
3,680
4,000
205,115
-
191,707
191,707
13,409
-
13,409
166,177
179,585|**Restricted**
**Total**
**Funds**
**Funds**
**2025**
**2025**
197,435
3,680
4,000
-
205,115
-
-
-
191,707
-
191,707
-
13,409
-
-
-
13,409
-
166,177
-
179,585|**Total**
**Funds**
**2024**
174,233
3,191
11,006
188,431
238
152,559
152,797
35,634
-
35,634
130,543
166,177|**Total**
**Funds**|**Total**|
||**4**
**5**|||||||
Page 5
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **BALANCE SHEET**
## **AS AT 31ST AUGUST 2025**
|**Notes**
**Current Assets**
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**9**
**Net current assets**
**Net assets**
**Capital Funds**
**Unrestricted Funds**
**Restricted Funds**
**Total funds**|**2025**
**£**
**£**
2,360
179,881
182,241
(2,656)
179,585
179,585
179,585
-
179,585|**2024**
**£**
**£**
-
166,687
166,687
(500)
166,187
166,187
166,177
-
166,177|
|---|---|---|
## **Approval**
The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit persuant to section 476 of the Act.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the directors on___________and signed by:
Signed on behalf of the Trustees
Signature……………………
Lucy Grimes Director
Page 6
**LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING**
## **31ST AUGUST 2025**
## **1 Accounting policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## a **Basis of accounting**
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16th July 2014.
Little Ducklings Preschool Basingstoke meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
There are no significant judgements made in the process of applying the entity's accounting policies.
- b **Preparation of the accounts on a going concern basis** After reviewing the charity's forecasts and projections the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the forseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
- c **Income**
Fee income
Fees receivable are accounted for in the period in which the service is provided.
## Donations and legacies
Donations and legacies receivable for the general purposes of the charity are credited to 'unrestricted funds'.
- d **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
- e **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings:
- Cost of raising funds comprise the costs of marketing
- Expenditure on charitable activities includes the costs of salaries, and other activities undertaken to further the purposes of the charity and their associated support costs.
- Other expenditure represents those items not falling into any other heading
- Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Page 7
**LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
- f **Allocation of support costs**
- Support costs are those functions that assist the work of the charity but do not directly undertake charitable activity. Support costs include the costs of office salaries, and governance costs which support the charity in the provision of education. The summary of what has been included in support costs is detailed in note 6.
## g **Cash at bank**
Cash at bank and in hand includes cash at bank and in hand.
## h **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.
## **2 Legal status of the charity**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1.
## **3 Income from charitable activities**
The income from charitable activities relates to fee income charged.
## **4 Investment income**
|**estment income**|**Total**|
|---|---|
||**2025**|
||**£**|
|Interest income|3,680|
## **5 Analysis of expenditure on charitable activities**
|**Notes**
Salaries and benefits
**8**
Insurance
Premises costs
Governance costs
**6**
Support costs
**6**|**Ducklings Quackers**
**Total**
**2025**
**2025**
**2025**
**£**
**£**
**£**
93,401
40,029
133,430
2,050
541
2,591
10,526
4,511
15,037
1,858
928
2,786
25,338
12,524
37,863
133,173
58,534
191,707|
|---|---|
Page 8
**LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
## **6 Analysis of governance and support costs**
The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs are apportioned between the two charitable activities undertaken in the year. Refer to the table below for the basis of apportionment and the analysis of support and governance costs.
|||**Ducklings Quackers**|**Ducklings Quackers**|**Total**|
|---|---|---|---|---|
|||**2025**|**2025**|**2025**|
||**Governance costs**|**£**|**£**|**£**|
||Professional fees|802|813|1,615|
||Membership|996|55|1,051|
||Bank charges|60|60|120|
|||1,858|928|2,786|
||**Support costs**|**Ducklings Quackers**
**2025**
**2025**
**£**
**£**||**Total**
**2025**
**£**|
||Fundraising|196|84|280|
||Stationery|271|112|382|
||Equipment|2,605|991|3,596|
||Travel & Café|1,167|1,545|2,712|
||Telephone|417|179|596|
||Cleaning|901|589|1,489|
||Uniforms|661|201|862|
||Postage|48|5|52|
||HR Cost|770|330|1,100|
||Maintenance|13,348|5,721|19,069|
||General Expenses|3,212|2,084|5,296|
||Training|423|172|595|
||Others|1,319|513|1,832|
|||25,338|12,524|37,863|
|**7**|**Net income/(expenditure) for the year**|||**Total**|
||**This is stated after charging:**|||**2025**
**£**|
||Depreciation of tangible fixed assets owned by the charity|||0|
||Independent Examiner's Fees|||100|
Page 9
**LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING**
## **31ST AUGUST 2025 (continued)**
## **8 Analysis of staff costs, trustee remuneration and expenses**
|Salaries and wages
Social security costs
Pension costs
**9**
**Creditors: amounts falling due within one year**
Trade Creditors
Accruals
Other Creditors|**Total**
**2025**
**£**
129,775
2,443
1,211
133,430
**2025**
**£**
460
100
2,096
2,656|**Total**
**2024**
**£**
105,298
-
2,865
108,944
**2024**
**£**
-
500
-
500|
|---|---|---|
## **10 Trustees' expenses**
No expenses were paid to any Trustees during the year, except to re-imburse them for purchases or out of pocket expenses made on behalf of the charitable company.
## **11 Unrestricted funds**
All unrestricted funds held are unrestricted and available to be applied in furtherance of Little Ducklings' charitable objectives at the discretion of the Trustees.
## **12 Reserves Policy**
The trustees have reviewed the charity's needs for reserves, in line with the guidance issued by the Charity Commission, and have set aside or designated £45,000 to safeguard the charity's service commitment in the event of delays in receipt of grants or accrued legacies. This approximates to three months running costs. The Trustees believes that reserves should be at least at this level to ensure the charity can run efficiently and meet the needs of the beneficiaries.
## **13 Related party transactions**
There are no related party transactions to report.
Page 10
## **LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE**
## **MANAGEMENT INCOME AND EXPENDITURE**
## **FOR THE YEAR ENDED**
## **31ST AUGUST 2025**
|**Incoming Resources**
HCC Funding Grant
Other Grants
Fees from Parents
Other
Deposits
Fundraising
Interest received
**Total incoming resources**
**Resources expended**
Rent
Rates
Utilities
Salaries
Employer's NI
Pensions
Professional fees
Bin
HR Cost
Travel
Computer equipment
Activity consumables
Fundraising
Uniforms
Children's Additional Activities
Maintenance
Membership
Entertainment - 0%
Postage, Freight & Courier
Training
Pupil Premium spent
Insurance
DBS payments
Marketing
Stationery
Equipment
Cafe
Phone
Cleaning
Care consumables
Printing
Presents
Bank charges
General Expenses
First aid expenses
Total resources expended
Net incoming resources for the year|**Ducklings**
**2025**
112,686.10
4,173.60
14,486.00
4,000.00
-
-
1,972.40
**137,318.10**
5,978.70
1,685.40
2,861.58
90,842.83
1,710.36
847.54
802.00
-
770.00
94.00
292.04
285.14
196.24
661.25
309.07
13,348.23
995.96
420.10
47.76
423.45
556.98
2,050.46
125.74
-
-
2,312.57
653.05
417.42
900.65
42.10
270.61
-
60.00
3,212.00
-
**133,173**
**4,145**|**Quackers**
**Total**
**2025**
**2025**
-
112,686.10
-
4,173.60
66,089.31
80,575.31
-
4,000.00
-
-
-
-
1,708.02
3,680.42
**67,797.33**
**205,115.43**
2,562.30
8,541.00
722.32
2,407.72
1,226.39
4,087.97
38,932.64
129,775.47
733.01
2,443.37
363.23
1,210.77
813.44
1,615.44
-
-
330.00
1,100.00
-
94.00
158.50
450.54
359.90
645.04
84.10
280.34
200.84
862.09
21.47
330.54
5,720.67
19,068.90
55.00
1,050.96
15.47
435.57
4.50
52.26
171.61
595.06
-
556.98
540.90
2,591.36
111.33
237.07
-
-
-
-
832.72
3,145.29
1,529.35
2,182.40
178.90
596.32
588.83
1,489.48
-
42.10
111.71
382.32
-
-
60.00
120.00
2,084.00
5,296.00
20.54
20.54
**58,534**
**191,707**
**9,264**
**13,409**|**Ducklings**
**2024**
98,072.78
6,574.38
19,069.50
10,119.23
-
856.05
1,745.00
136,436.94
10,711.73
2,270.50
5,274.09
79,134.16
-
2,865.14
1,080.60
896.40
-
-
-
-
507.34
612.44
-
7,248.00
643.11
-
-
664.58
-
2,327.81
-
108.00
345.66
1,917.97
98.81
566.82
921.41
-
-
99.09
60.00
-
-
118,354
18,083|**Quackers**
**Total**
**2024**
**2024**
-
98,072.78
-
6,574.38
50,436.25
69,505.75
31.15
10,150.38
80.00
80.00
-
856.05
1,446.35
3,191.35
51,993.75
188,430.69
-
10,711.73
-
2,270.50
5,088.24
10,362.33
26,163.37
105,297.53
-
-
-
2,865.14
135.20
1,215.80
-
896.40
-
-
-
-
-
-
-
-
-
507.34
232.25
844.69
-
-
-
7,248.00
169.51
812.62
-
-
-
-
117.00
781.58
-
-
-
2,327.81
-
-
129.60
237.60
4.97
350.63
756.83
2,674.80
1,539.75
1,638.56
-
566.82
46.24
967.65
-
-
-
-
-
99.09
60.00
120.00
-
-
-
-
34,443
152,797
17,551
35,634|
|---|---|---|---|---|
Page 11