Oscars: 1133716
OSCARS has had a year of ups and downs. Due to some issues with the previous manager, we have had undue expenditure leaving us in a large deficit. We then hired a far more competent manager who has improved the atmosphere of OSCARS for staff, parents and children alike.
We are running at almost capacity during term time. Hot snack has been well received after some teething problems with timings and is a welcome addition for busy parents. We have had a new supervisor who is Level 3 trained and a very welcome addition to the team. A few old employees were also welcomed back to take us up to a far more manageable core team who work well together and get along wonderfully.
A fire risk assessment found some lighting issues that were then rectified, other electrical works were completed - the cable to the aircon unit was an incorrect diameter leading to power outages during the summer months. Some works were also completed in the kitchen area on the flooring as well as new, safer locks installed on all WCs. We were kindly donated a double glazed front door after the precious wooden one was becoming impossible to open on wet mornings. This has been a very welcome replacement. In all, the building is a serious issue as its lifetime is coming to an end and we will have to make increasing repairs as time goes on. We are also in a deficit and likely to be the same next year due to staffing costs being 90% of our income.
OSCARS is a wonderful place for staff and children but we are going to be unable to sustain it with increasing outgoings unless we increase the costs to parents sadly.
Oscars Registered Charity ll33716 The following accounts have been prepared in accordance with the Statement of Recommended Practice (SORP) issued by the Charity Commission to comply with the Executive Committee's obligations as the trustees of the Charity for keeping accounting records: 2025 2025 2024 2024 Income Fees 144,919 137,573 Total Income 144,919 137,573 Expenditure Payroll Costs Electricity & Vkter Insurance 126,612 2.613 1,773 1.372 392 120,201 3,587 1.116 1.225 21 Telephone, TV & Intemet Postage, Printing. Stationary & HR Food & Refreshments Craft & Play Equipment Non Capitalised Equipment Repairs, Renewals and Furniture Professional Fees 6,220 4.875 4,566 4,061 93 5.983 2,645 1,554 656 2,209 2,322 Legal Fees Subscriptions. Training & Fees Bank Fees & Charges Cleaning. Clothing & Sundries 1.063 102 90 154,785 160 140,571 160 Depreciation 160 160 Total Expenditure Inc Depreciation 154,945 140,731 Net Surplus (Deficit) (10.026) (3,158) Cash & Bank Balances BIFwd Total Funds 125,832 115,806 128,990 125,832 Funded By Current Account 29,267 86.539 115,806 56,352 69,480 125,832 Savings Account
Notes to the Accounts The accounts are prepared on a receipts and payments basis. and no account has been taken of accwedlprepaid income or expenditure Independent Examiners Report to the Trustees of Oscars Retrospective responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: Examine the accounis under section 145 of the Charities Act To follow the procedures laid down in the genera direction given by the Charity Commission (under section125(b) of the Charities Act) and to state whether particular matters have come to my attention Basis of Independent Examiners statement My examination was carried out in accordance with general direction given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with these records. It also includes consideration of any unusud items or disclosures in the accounts. and seeking explanations from the Irustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenty no opinion is given as to whether the accounts present a 'lrue and fair. view and the report is limited 10 those matters set out in the statement below. Independent Examiners Statement In connection with my examination. no matter has come to my attention: l. which gives me reasonable cause to believe that in any material respect, the requirements to keep accounting records in accordance wtth section 130 of the Charities Act to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed M J Bowles MJIB Accounting Ltd Dated 15th December 2025
Oscars Registered Charity ll33716 The following accounts have been prepared in accordance with the Statement of Recommended Practice (SORP) issued by the Charity Commission to comply with the Executive Committee's obligations as the trustees of the Charity for keeping accounting records: 2025 2025 2024 2024 Income Fees 144,919 137,573 Total Income 144,919 137,573 Expenditure Payroll Costs Electricity & Vkter Insurance 126,612 2.613 1,773 1.372 392 120,201 3,587 1.116 1.225 21 Telephone, TV & Intemet Postage, Printing. Stationary & HR Food & Refreshments Craft & Play Equipment Non Capitalised Equipment Repairs, Renewals and Furniture Professional Fees 6,220 4.875 4,566 4,061 93 5.983 2,645 1,554 656 2,209 2,322 Legal Fees Subscriptions. Training & Fees Bank Fees & Charges Cleaning. Clothing & Sundries 1.063 102 90 154,785 160 140,571 160 Depreciation 160 160 Total Expenditure Inc Depreciation 154,945 140,731 Net Surplus (Deficit) (10.026) (3,158) Cash & Bank Balances BIFwd Total Funds 125,832 115,806 128,990 125,832 Funded By Current Account 29,267 86.539 115,806 56,352 69,480 125,832 Savings Account
Notes to the Accounts The accounts are prepared on a receipts and payments basis. and no account has been taken of accwedlprepaid income or expenditure Independent Examiners Report to the Trustees of Oscars Retrospective responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: Examine the accounis under section 145 of the Charities Act To follow the procedures laid down in the genera direction given by the Charity Commission (under section125(b) of the Charities Act) and to state whether particular matters have come to my attention Basis of Independent Examiners statement My examination was carried out in accordance with general direction given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with these records. It also includes consideration of any unusud items or disclosures in the accounts. and seeking explanations from the Irustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenty no opinion is given as to whether the accounts present a 'lrue and fair. view and the report is limited 10 those matters set out in the statement below. Independent Examiners Statement In connection with my examination. no matter has come to my attention: l. which gives me reasonable cause to believe that in any material respect, the requirements to keep accounting records in accordance wtth section 130 of the Charities Act to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed M J Bowles MJIB Accounting Ltd Dated 15th December 2025