Company Registerati¢n Number:. 06622131 The Charity Re8iStration Number:. 1133641 DB ACCOUNTING Watlington Pre-school Limited Report and Accounts 31 August 2025 *lin9 pre-school
Watlington Pre-school Limited Report and accounts for the year ended 31 August 2025 Contents PAGE Charity infomation Trustees, Annual Report Funds Statements:_ Statement of Financial Artivities Statement of Financial Activities - Prior Year Statement Statement of Total Recognised Gains and Losses Movements In Funds Revaluation Reserves Revenue Funds Income and Expenditure Account Summary ofFunds io io io li li Balance Sheet Notes to the Accounts 12 14
Watlington Pre-school Limited Company Reglstration Number: 06622131 Trustees. Annual Report For The Year Ended 31 August 2025 The Trustees present their Report and Accounts for the year ended 31 August 2025, which also ¢omprises the Directors, Report required by the Companies Art 2006. Reference and administrative details The charity name The legal name of the charity is= Watlington Pre-school Limited The charity is also known by it5 operating name:_ Watlington PrtrS¢hool The charity's areas operation and charitable re8istr3tion The charity Is registered in England & Wales with the Charity Commission in England & Wales ICCEWI with charity number 1133641. The charity does rtot operate in any overseas jurisdictions. Legal strurture of the charity The charity is constituted as a company limited by guarantee. registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the tompany under company legislation. The governing document is dated 17 June 21XJ8 There are no restrictions in the 8overning documents on the operation of the charity or on its investment powers other than those imposed by Charity Law. By operation of law all, trustees are directors under the Companies Act 2006 and 311 directors are trustees under Charities legislation and have responsibilitie5, as such, under both company and charity legislation. The trustees are all individuals. PAGE I
Watlington Pre-school Limited Company Re8istration Number:. 06622131 Trustees, Annual Report For The Year Ended 31 August 2025 The principal operating address. telephone number. emall and web addresses of the charity Address: Rertory Lane Watlington Kings Lynn Norfolk PE33 OHU Telephone: 01553 811035 The registered office of the charity for Companies Act purposes is.. DBA, The Union Building 51-59 Rose Lane Norwich NRI IBY The Trustees in office on the date the report was approved were: Vicki Louise Southon Helen Haylock Sophie Tonroe The following persons served as Trustees during the year ended 31 August 2025: The trustees who served as a trustee in the reporting period were as above. and there were no changes durin8 the year, or in the period between the year end and the approval of the accounts. Objects and activities of the Charity The purpose of the charity as set out in its governing document.. Offering appropriate play, education and care facilities, together with the right of parents to take reposibility for and to become involved in the activitie5 of such groups. ensLFring opportunities are offered for all children whatever race, culturem religion, means or ability. Encouraging the study of needs of such children and their families and promoting public interest in and recognition of such needs in local areas. PAGE 2
Watlington Pre-school Limited Company Reglstration Number:_ 06622131 Trustees, Annual Report For The Year Ended 31 August 2025 The main artivities undertaken in relation to those purp05e5 during the year: The main activitie5 of the charity are the provision of preschool education and 311 day child care for 24 year olds. The charity operates from 8.30am to 3pm during school term time to provide 311 day care for working parents or sessional preschool education to meet Foundation Sta8e objectives. The main artivities undertaken durlng the year to further the charity's purpose for the public benefit: The pre-school maintains a full reB51ter of childn. During the year to 31 August 2025 the preschool has continued to offer places for families that qualify for under 3 funding. In addition offering places to children both through access to funding and fee paying families. Through Senco funding the preschool continues to offer additional assistance to children and families with special needs. Final, the Trustees have initiated a number of fund raising activities to provide the presthool wlth additional resources. The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. The main achievements and performance of the charity durin8 the year. The pre-school maintains a full register of children. During the year to 31 August 2025 the preschool has continued to offer places for families that qualify for under 3 funding in addition to offering places to children both through access to funding and fee paying families. Through Senco funding the preschool continues to offer additional assistance to children and families with special needs. Finally, the Trustees have initiated a number of fund raising activities to provide the preschool with addtional resources. The difference the charity's performance during the year has made to the beneficiaries of the charity: The children that attend the preschool continue to receNe the support and edLKation they require under the early years learning. The degree to whi¢h the achievements and perfomiance durlng the year have beneflted wider society: The Trustees are happy to report that the preschool 15 a important part of the village communtty in offering SUPPOrt to both children and parents as required not only as part of the preschool learning alliance. PAGE 3
Watlington Pre-school Limited Company Registyation Number:_ 06622131 Trustees. Annual Report For The Year Ended 31 August 2025 Structure, governace and management of the charity The methods used to recruit and appoint new charity trustee5". New trustees are elerted by the existing twstees. All new trustees a selected through their involement with the children attending the P-school. Bankers Accountants Bookkeepers Co-operative Bank DB Accounting Solutions Limited MU Bookkeeping Flnancial review The charlty's financial position at the end of the year ended 31 August 2025 The financial position of the charity at 31 August 2025 and tomparativies for the prior period. as more fully detsiled in the accounts, can be 5ummarised as follows= 2025 2024 Net Income 11.075 174 Unrestricted revenue funds avaliable for the general purposes of the charity 55.865 44,790 Restricted revenue funds 24,519 24.519 Total Funds 80,384 69,309 Financial review of the position at the reportinz date, 31 August 2025: The trustees consider the financial performance by the tharity during the year to have been satisfactory. Specific change5 in fixed assets are detailed in the notes to the accounts. Policies on reserves The trustees are mindful that adequate reserves must be maintained to allow the Pre-school to remain open. With this In mind they are maintaining adequate reser¥es to ensure that the mobile can be kept maintained and that the wages can be paid at all times. PAGE 4
Watlington Pre-school Limited Company Registration Number.- 06622131 Trustees, Annual Report For The Year Ended 31 August 2025 Availability and adequacy of assets of each of the funds: The board of trustees is satisfied that the charity'5 assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Details of the independent examiner Dan Bullock FMAAT Member of Accountant5 D8A The Union Building 51-59 Rose Lane Norwith Norfolk NRI IBY Statement of the Directors Trustees. Responsibilities The charity's trustees are resporssible for the preparation of the accounts in accordance with the terms of the Companies Act 2CK16, the Chartties Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstar¢ding the explicit requirement in the extant statutory regulation5,the Charities (Accounts and Reports) Regulatiorbs 2008, to prepare the financial ststements in accordance with the SORP 25. in view of the fact that the SORP 2005 ha5 been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and Ppare the accounts according to the FRS 102 SORP Iststement of Recommended Prartice for Accounting and Reporting by Charitiesl 2015, las amerbded by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI. In particular, the Companies Art 2006 and charity law require the Board of Trustees to prepare financial stètements for each financial year which give a trne and fair view of the state of affairs of the charity a5 at the end of the financial year and of the surplu5 or deficit of the charity. In preparing those financial statements the Board is required to to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unle55 It is inappropriate to presume that the tharity will continue in business- - state whether applicable accounting standards and statements of recommended practice have been followed. subject to any material departures disclosed and explained in the financial statements: The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. PAGE 5
Watlington Pre-school Limited Cornpany Registratlon Number:. 06622131 Trustees. Annual Report For The Year Ended 31 August 2025 The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial FY)Sition of the charity and which are sufficient to show and explain the charity's transartions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charFty and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees, report, and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with thè figures disc105ed in the financial Statements. Method of preparation of accounts- Small company provislons The financial statements are set out on pages 7 to 25. The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issed in October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI. and in atcordance with the Financial Reporting Stsndard 102. (effective 1st January 20161. These financial statements have beenprepared in accordance with the provisions in Part 15 of the Companies Art 2006 and applicable to companies subject to the small companies regime. This report was approved by the Board of Trustee5 on 26 2£ Vicki Louise Southon Director and Trustee PAGE 6
Watlington Pre-school Limited Company Registratlon Number:. 06622131 Statement of Financial Artivitles {Including the income and expenditure account for the year ended 31 August 2025, as required by the Companies Art 2006) SORP Ref Current year Current year Unrestrlcted Restricted Funds Funds Current year Prior Year Total Total Funds Funds 2025 2025 2025 2024 Income & Endowments from: Donation5 & Legacies Charitable activities Investments Al 16,886 135,069 244 16.886 135,069 244 8,440 122.167 297 Total income 152,199 152.199 130.904 Expenditure on: Raising funds Charitable activities Bl 471 471 140,652 1,737 128,993 140.652 Total expenditure 141,123 141,123 130.730 Net income for the year 11.075 11.075 174 Net movement in funds 11.075 11.075 174 Reconciliation of funds.. Total funds brought fonmard 414,79) 24,519 69,309 69,135 Total funds carried forward 55,865 24.519 80,384 69,309 The'SORP Ref indicated above is the classiti"cation of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried for4vard fund5 above have been agreed to the Balance Sheet. A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. All the prior year transactions were unstriCted items, and no fvrther anatysis is required. All activities derive from continuing operations. The notes attached on pages 14 to 25 form integral parts of these accounts. PAGE7
Watlington Pre-school Llmited Company Reglstration Number:_ 06622131 Statement of Flnancial Activitles (Including the income and expenditure account for the year ended 31 August 2025, as required by the Companies Act 20061 SORP Prior Year Prior Year Unre5trirted RestriCd Funds Funds Prlor Year Total Funds 2024 2024 2024 Income & Endowments from: Donations & Legacies Charitable activities Other trading artivities Investments Other Al A2 8,138 122.167 302 8,440 122,167 297 297 T¢)tal income 130.602 302 130.904 Expendlture on: Raising funds Charitable activities Other Tax on surplus Other taxation Bl B2 83 1,737 128,777 1,737 128.993 216 Total expenditure 130.514 216 130.730 Net income for the year 86 174 Net movement in funds 86 174 Reconciliation of funds= Totsl funds brought forward 44.702 24,433 69.135 Total fund5 carried fOard 44,790 24,519 69.309 All activlties derive from continuing operatlons A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. The notes attached on pages 14 to 25 forni integral parts of these accounts. PAGE 8
Watllngton Pre-school Limited Company Registration Number:. 06622131 Resources applied in the year ended 31 August 2025 2025 2024 Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds 11.075 174 2,9221 Net resources available to fund charitable activities 11,075 2.749) The resources applied on fixed assets for charrty use repsents the cost of addition5 less proceetls of any disposals. The notes attached on pages 14 to 25 forni integral parts of these accounts. PAGE 9
Watllngton Pre-school Limited Company Re8iStration Number:. 06622131 Movements in revenue and capital funds for the year ended 31 August 2025 Revenue ac¢umulated funds Unre5trf¢ted Funds 2025 Restricted Funds 2025 Total Funds 2025 Prior Year Total Funds 2024 Accumulated funds brought forward 44.790 24.519 69,309 69,135 Recognised gains and losses before transfers 11.075 11.075 174 55.865 24.519 80,384 69.309 Closlng revenue funds 55,865 24,519 80.384 69,309 Summary offunds Unrestri¢ted & Restricted Designated funds funds 2025 2025 Total funds 2025 Prior Year Total Funds 2024 Revenue accumulated funds 55,865 24,519 80.384 69,309 The note5 attached on pages 14 to 25 fom) Integral parts of these accounts. PAGE 10
Watlington Pre-school Limited Company Registration Number:_ 06622131 Income & Expenditure Account for the year ended 31 August 2025 as required by the Companies Act 2006 2025 2024 Income Income from operations 151.955 130,607 Investment irtcome Interest receivable 244 297 Gross Income in the year before exceptional items 152,199 130.904 Gr055 income In the year includin8 exceptional items 152,199 130.904 Expenditure Charitsble expenditure, excl depreciation & amortisation Depreciation & amortisation Fundraising costs Realised losses on diposals of social investments 138.563 2,089 471 126,541 2,452 1.737 Total expenditure In the year 141.123 130,731 Net income before tax In the financial year 11,075 174 Tax on surplus on ordinary activities Net income after tax in the financial year 11,075 174 Retained surplus for the financlal year 11,075 174 All activities derive from continuing operations In accordance with the provisions of the Companies Act 2006, the headinES and subheadings used in the Income and Expenditure account have been adapted to refiect the special nature of the charity's activities. The notes attached on pages 14 to 25 forni integral parts of these acmunts. PAGE 11
Watlington Pre-school Limited Company Reglstration Number:. 06622131 Balance Sheet as at 31 August 2025 SORP Ret 2025 2024 Note Fixed assets Tangible assets iOA2 39.606 41,696 Current assets Debtors Cash at bank and in hand 11 B2 915 915 29.518 42,427 Total current assets 43,342 30.433 Creditors: amounts falling due within one year 12CI 2.5641 2.8201 Net current assets 40,778 27,613 The totsl net assets of the charlty 80.384 69.309 Re5trirted funds Restricted revenue funds 15D2 24,519 24,519 24.519 24,519 Unrestrlrted funds Unrestricted revenue funds 15D3 55.865 44,790 55.865 44,790 Total charfty funds 69.309 The'SORP Ref indicated above is the classification of Balance Sheet items a5 set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried fOard funds above have been agreed to the SOF The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companie5 Act 21))6. The members have not required the company to obtain an audit in accordance with seth.on 476 of the Act. The directors acknowledge their spOnSIbl11t1eS for complying with the requirements of the Companies Act 2006 with respert to accounting records and the preparation of accounts. The charity is subject to Independent Examination under charity legislation. and the report of the Independent Examiner is on page 11. The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. PAGE 12
Watlington Pre-school Limited Company Re8lstration Number:_ 06622131 Balance Sheet as at 31 August 2025 Vicki Louise Southon Trustee Approved by the board of trustees on 26 26 The notes attached on pages 14 to 25 forni integral parts of these a¢¢ounts. PAGE 13
Watlington Pre-school Limited Company Reglstration Number:_ 06622131 Notes to the Accounts for the year ended 31 August 2025 l Accounting policies Policies relatlon to the produrtion of the a¢counts. Basss of preparation and accounting convention5 The accounts have been prepared on the accruals basis. under the historical cost convention. and in accordance with the Financial Reporting Stand3rd 102. leffective 1st January 20161 and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, IThe SORPI, published by the Charity Commission in England & Wales ICCEWI. effective January 2016, and in accordance with all applicable law in the charity's jurisdirtion of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP Istatement of Recommended Practice for AccountinB and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounting periods be8inninE on or after 1st January 20191. IThe SORPI, in preference to the previous SORP. the SORP 2005. which has been withdrawn, notwithstanding the fact that the extant statutory reEulations, the Charities (Accounts and Reports) Regulations 2CQ8 refer explicit to the SORP 2005. This has been done to accord wlth current best practice. Risks and future assumptions The charity is a public benefit entity. Policies relatin8 to expenditure on goods and services provlded to the charity Recognltlon of liabilities and expenditure A liability, and the related expenditure, 15 recognised when a legal or Constructive obligatlon exists as a result of 3 past event. and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. Liabilities arising from future funding commitments ènd constructive obligations, includin performante related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain. 8ive rise to a provision in the accounts, whith is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities. and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movemerrts are charged or credited to the respective funds and activities to which the provision relates. Volunteers In accordance wtth the SORP, and in recognition of the difFiculties in placing a monetary value on the contribution from volunteers. the contribLrtion of volunteers is not inclLsded within the income of the charity. However. the trustees value the significant Contriblon made to the activities of the charity by unpaid volunteers and this is described more fully in Note 6. PAGE 14
Watlington Pre-school Limited Company Registration Number: _ 06622131 Notes to the Accounts for the year ended 31 August 2025 Policies relating to assets, liabiliies and provisions and other matters Tangible fixed assets Tangible fixed assets are measured at their original cost value. or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition. Depreciation ha5 been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives. Freehold premises Plant and machinery Fixture & fittings 2% reduting balance basis 20% reducing balance basis 20% reducing balance basis A regular annual review of the likelihood of asset impaiment is undertaken. Debtors Debtor5 are measured at their recoverable amounts at the balance sheet date. Credltors and pn>vislons Creditors are measured at their payable amounts at the balance sheet date. Financial instruments in¢ludin8 cash and bank balances Cash held by the charity 15 included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn. are shown at the amounts properly reconciled to the bank statements. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds a unrestrirted funds eannarked by the Trustees for particular purposes. Restricted funds are subjected to restrirtions on their expenditure imposed by the donor or through the ternis of an appeal or as implied by law. There are no en(lowment funds. 2 Llability to taxation The Trustees consider that the charity satisfies the tests set out in Paragraph I Schedule 6 of the Finance Art 2010 for UK corporation tax purposes. Accordingly. the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Settion 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the spetific charitable objects of the charity and for no other purpose. PAGE 15
Watlington Pre-school Limited Company Registratlon Number: . 06622131 Notes to the Accounts for the year ended 31 August 2025 3 Windlng up or dissolution of the charity If upon winding Ltp or dissolution of the charity there remain any assets, after the satisfartion of all debts and liabilities. the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. 4 Significance of financial instruments to the charity'5 Position There are no financial instruments that have a significant impact the the charity's posttion 5 Net surplus before tax in the financial year 2025 2024 The net surplus before tax in the financial year is stated after chargin8- Depreciation of owned fixed assets Pension costs 2,089 2,160 2,452 4.626 6 The contribution of volunteers The charity depends on the support of its volunteers, which is much appreciated. The arrangement5 Wlth volunteers are dtfficult to value precisely inmonetary terms and have not been reco8nised in the Statement of Financial Activitie5. The volunteers and the charity accept and agree that no contrart of employment is treated by these arrangements. 7 stsff costs and emoluments 2025 2024 Salary costs Gross salaries excluding trustees and key management personnel Employer's national insurance contribLrtions Employer's operating costs of defined contribution pension schemes 110,083 102,079 2.674 2,160 4.626 114,917 106,705 The iverage numberof part time staff employed in the year was The average number of full time staff employed in the year was The estimated full time equivalent number of all staff employed in the year was The estimated equlvalent number of full time staff deployed in different activities in the year was Engaged on charitsble activitFes The estimated full time equivalent numbef of all staff employed as above Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year. No employees received emoluments (excluding pension costs) in excess of £eQ.(XJO per annum. PAGE 16
Watlington Pre-school Limited Company Registratlon Number: . 06622131 Notes to the Accounts for the year ended 31 August 2025 8 Defined contribution pen5i0n schemes The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. 9 Remuneration and payments to Trustees and persons connerted with them No trustee5 or persons connected with them received any remuneration from the charity, or any related entity. 10 Tangible fixed assets Land & Plant & Flxture & Buildlngs Machinery Fittings Current year T¢tal C05t At I September 2024 Additions At 31 August 2025 43.635 16333 4.576 64,544 43.635 16333 4,576 Depreciation At I September 2024 Charge for the year At 31 August 2025 8,914 694 9,608 12.543 758 13.301 1.392 637 22,848 2.089 24.938 2.029 Net book value At 31 August 2025 34,027 3,032 2.547 39,606 At 31 Au8USt 2024 34.721 3,790 3.184 41.696 11 Debtors 2025 2024 Trade debtors Prepayments and attrued income 715 715 200 200 915 915 12 Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals PAYE, NIC, VAT and other taxes 788 500 1.532 2.820 600 1,176 2,564 PAGE 17
Watlington Pre-school Limited Company Registration Number:. 06622131 Notes to the Accounts for the year ended 31 August 2025 13 Income and expenditure account summary 2025 2024 At I September 2024 Surplus after tax for the year At 31 August 2025 69,309 11,075 80.384 69,135 174 69,309 14 Particulars of how partlcular funds are represented by assets and liabilitles At 31 August 2025 Unrestricted Designated Restrfcted Totsl funds funds funds funds Tangible fixed a55ets Current assets Current liabilities 39.606 18,823 2.5641 39,606 43,342 1 2,5641 24.519 55,865 24,519 80.384 At I September 2024 Unrestrirted Designated Restrirted T¢tal fund5 funds fvnds funds Tangible fixed assets Current assets Current liabilities 41,696 5.914 2.8201 41,696 30,433 { 2.8201 24.519 44,791 24.519 69.309 PAGE 18
Watlington Pre-school Limited Company Re8lStration Number:. 06622131 Notes to the Accounts for the year ended 31 August 2025 15 Change in total funds over the year as shown in Note 14. analy5ed by individual funds Funds blf Movement in Transfers trom 2024 funds in 2025 funds In 2025 Funds clf to 2025 Unrestrirted and deslgnatedfvnds.. Urbrestricted Revenue Fund5 44,790 11,075 55,865 Total unrestrirted & designated funds 44.7 11,075 55,865 Restrktedfvnds." Mobile fund5 24.519 24.519 Total restrlcted funds 24.519 24.519 Total charity funds 69.309 11,075 80,384 16 Analysis of movements in fund5 Over the year as shown in Note IS Other gains & Movement 105ses In funds 2025 2025 Income 2025 Expenditure 2025 Unrestrirted and deslqnatedfvnds." Unrestricted Revenue Funds 152,199 1 141,1231 11,075 Restrirtedfvnds." Mobile funds 152.199 1 141.1231 11,075 PAGE 19
Watlington Pre-school Limited Company Registration Number:. l)6622131 Notes to the Accounts for the year ended 31 August 2025 17 The purposes for which the funds as Unrestrirted ond designatedfvnds.. Unrestricted Revenue Funds These fund5 are held for meeting the objectives of the charity provide reserves for future activities. and. subject to charity legislation. are free from all restrictions on their use. Restrlrtedfvnds.. Mobile fund5 Funds relating to the purchase and maintenance of the pre-school mobile building 18 Ultimate controlling party The charity is under the control of its legal members. Every member of the charity is obliged to contribe such amount as may be required not exceeding £10 to the asset5 rf the compnay in the event of it being woundup while he or she is a member. or within one year after he or she ceases to be a member. PAGE 20
Watlington Pre-school Limited Company Registratlon Number:_ 06622131 Detailed analysis of income and expenditure for the year ended 31 August 2025 as required by the SORP 2015 Thls onatysls Is classffjed by convertional nominal descrfptlons und not by artlvlty 19 Donations, Grants and Legacies Current year Current year Unrestrlrted Restrlrted Funds Fund5 2025 2025 Current year Total funds 2025 Prior Year Total funds 2024 Donations and gifts from individuals Small donation5 individually less than £i.000 16.886 16,886 Totsl donations & gifts from individuals 16,886 16,886 Revenue grants from 8ovemment and publ1¢ bodies Small grants individually less than £1,000 60 Total public 5ettor revenue 8rants Total donations grants & legacies 16.886 16,886 8,S(M) 20 Income from charitable activities- Trading Activities Current year Current year Current year Unrestrirted Restrirted Funds Fund5 2025 2025 Current year Total funds 2025 Prior Year Totsl funds 2024 Primary purpose & anclllary tradlng Sale of goods & Services in accordance with the charitws objectives 135,069 135,069 122,167 135.069 135,069 122,167 PAGE 21
Watlington Pre-school LSmited Company Re8lstration Number:. 06622131 Detailed analysis of income and expenditure for the year ended 31 August 2025 as required by the SORP 2015 21 Total Income from charitable artivities Current year Current year Unrestrirted Restricted Current year Prlor Year Funds Funds Total funds Total funds 2025 2025 2025 2024 Current year Total income from charitable trading 135,069 135,069 122,167 Totsl from charltable artl¥lties 135.069 135,069 122,167 22 Investment Infome Bank interest receivable 244 244 297 Total investment income 244 244 297 23 Expendlture on charltable artivlties- Dirert spendin8 Gross wages & salarie5 Employers national insurance contributions Defined contribution pension costs Cost of sale5 110.083 2,674 2.160 5.682 110,083 2,674 2.160 5,682 102,079 4.626 5,600 Total direct spendinz 120.600 120.600 112.305 PAGE 22
Watlington Pre-school Limited Company Registration Number:. 06622131 Detalled analysis of income and expenditure for the year ended 31 August 2025 as required by the SORP 2015 24 Support costs for charitable artlvlties Current year Current year Unrestricted Restricted Current year Funds Funds Total funds 2025 2025 2025 Prior Year Totsl funds 2024 Employee costs not Included in dirert costs Training and welfare- staff Unrforni 303 594 303 594 820 392 Premlses expenses Rates & water charges Rent Light, heat & power Cleaning & waste management Premises repairs & maintenance Other premises costs 572 572 1,678 2,378 1,594 3,109 601 1.679 2.914 2,144 1,319 1.307 1,678 2,378 1,594 3,109 Administrative overheads Telephone, fax & internet Stationery & printing Membership subscriptions Equipmet)t expenses Software licences & expenses Health & safety costs Liability & contents insurance Sundry expenses Equipment repairs & maintenance 723 4,274 723 4.274 634 767 174 174 351 1,459 32 1,459 32 991 61 Professlonal fees paid to advisors Other than the audltor or examiner Accountancy fees 650 Bookkeepin 430 650 430 550 1,020 Flnanclal costs Depreciation & amortisation 2.089 2.089 2,452 Support costs before reèllocatl¢)n 20.524 20,524 18.425 Total support costs- Current year 20.524 20,524 18.425 The basis of allocation of costs between activities is described under ac¢ountin8 policies. All expenditure in the prior year was unre5tri¢ted. PAGE 23
Watlington Pre-school Limited Company Re8lstration Number:_ 06622131 Detailed analysis of income and expenditure for the year ended 31 August 2025 as required by the SORP 2015 25 Total charrtable expenditure Current year Current year Unrestrirted Restricted Funds Funds 2025 2025 Current year Prior Year Totsl funds Total fund$ 2025 2024 Current Year Total direct spending Total support costs B2a B2d 120.6CKI 20.524 120.6 20,524 112,305 20,786 Total charltable expendlture B2 141.123 141,123 133,091 All the expenditure in the prior year was unrestricted. Prior Year Prlor Year Unrestrirted Rertrirted Funds Fund5 2024 2024 Prl¢r Year Total funds 2024 Prior Year Total direct spending Total support costs B2a B2d 112,305 18.209 112.305 18,425 216 Totsl charitable expenditure 82 130,514 216 130.730 26 Expendlture on raising funds and costs of investment management Current year Current year Unrestrirted Restrirted Funds Funds 2025 2025 Current year Prior Year Totsl funds Totsl funds 2025 2024 CUrnt Year Funding publicity & marketin8 Costs of seekirbg donations, grants & legacii 591 471 18 1,737 Totsl charitable expenditure Bl 1.062 1.755 All the expenditure Sn the prior year was UnStrIcted. PAGE 24
Watlington Pre-school Limited Company Registration Number:_ 06622131 Detailed analysis of income and expenditure for the year ended 31 August 2025 as required by the SORP 2015 27 Analysis of income by artivity Artivlty SOFA ref 2025 2024 Income from charitable activities 135.069 122,167 Summory olTotollncome, Induding the items above Charitable activities Donations & legacies Investment income 135,069 122.167 16,886 8,440 244 297 Al Total income as shown in the SOFA 152.199 130.904 PAGE25