Charity Registration No. 1136325
Company Registration No. 6954027 (England and Wales)
LITTLE JIMMY'S PRESCHOOL LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
11 De Grey Square De Grey Road Colchester Essex CO4 5YQ
LITTLE JIMMY'S PRESCHOOL LTD
CONTENTS
| Page | |
|---|---|
| Company information | 1 |
| Trustees report | 2 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 - 7 |
| Notes to the financial statements | 8 - 15 |
LITTLE JIMMY'S PRESCHOOL LTD
COMPANY INFORMATION
Trustees Mrs P Welsh Mr J Coldron (Appointed 14 August 2024) Mrs A Coldron Charity number 1136325 Company number 6954027 Registered office St James Church Hall Tower Road Clacton on Sea CO15 1LF Independent examiner TC Group 11 De Grey Square Colchester Essex CO4 5YQ Essex CO4 5YQ
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LITTLE JIMMY'S PRESCHOOL LTD
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 JULY 2025
The trustees present their annual report and financial statements for the year ended 31 July 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 trust deed, the Companies Act 2006 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)" (effective 1 January 2019).
Objectives and activities
The charity’s objectives are to advance the education and holistic development of children below statutory school age by providing a safe, stimulating, and inclusive preschool environment. Its purpose is to foster learning through play, support social and emotional growth, and collaborate with parents and the local community to enhance the well-being and future opportunities of every child.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
During the year ending July 2025, the charity focused on consolidating and strengthening its provision across both sites. Following the successful expansion achieved in the previous year, emphasis was placed on embedding high-quality practice, maintaining strong occupancy levels, and supporting staff development to ensure consistently positive outcomes for children.
The organisation continued to deliver high-quality early years education and development programmes, with a strong focus on safeguarding, inclusion, and supporting children’s individual needs. Feedback from families and stakeholders remained positive, reflecting ongoing trust and strong community engagement.
Financial review
The charity received income amounting to £709,162 during the year and generated a surplus of £72,251. The value of unrestricted reserves held at the Balance Sheet date was £221,064.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Structure, governance and management
The charity is a company limited by guarantee and by its governing document.
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs P Welsh
Mr J Coldron (Appointed 14 August 2024) Mrs A Coldron
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LITTLE JIMMY'S PRESCHOOL LTD
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
Recruitment and appointment of trustees
New trustees are recruited and appointed by the board of trustees.
The trustees report was approved by the Board of Trustees.
.............................. Mr J Coldron
27/05/2026
Date: .............................................
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LITTLE JIMMY'S PRESCHOOL LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LITTLE JIMMY'S PRESCHOOL LTD
I report to the trustees on my examination of the financial statements of Little Jimmy's Preschool Ltd (the charity) for the year ended 31 July 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 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act 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 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.
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:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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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 accounts 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.
Simon Garner FCA Independent Examiner TC Group 11 De Grey Square De Grey Road Colchester Essex CO4 5YQ
Dated: .........................
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LITTLE JIMMY'S PRESCHOOL LTD
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 2 - 2,500 Charitable activities 3 706,668 - Investments 4 44 - Total income 706,712 2,500 Expenditure on: Charitable activities 5 630,224 - Total expenditure 630,224 - Net income and movement in funds 76,488 2,500 Reconciliation of funds: Fund balances at 1 August 2024 148,813 - Fund balances at 31 July 2025 225,301 2,500 |
Total Unrestricted funds 2025 2024 £ £ 2,500 - 706,668 505,548 44 70 709,212 505,618 630,224 450,989 630,224 450,989 78,988 54,629 148,813 94,184 227,801 148,813 |
Total Unrestricted funds 2025 2024 £ £ 2,500 - 706,668 505,548 44 70 709,212 505,618 630,224 450,989 630,224 450,989 78,988 54,629 148,813 94,184 227,801 148,813 |
|---|---|---|
| 505,618 450,989 |
||
| 450,989 | ||
| 54,629 94,184 |
||
| 148,813 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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LITTLE JIMMY'S PRESCHOOL LTD
BALANCE SHEET
AS AT 31 JULY 2025
| Notes Fixed assets Tangible assets 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 14 Net assets The funds of the charity Restricted income funds 16 Unrestricted funds 17 |
2025 £ 438 232,093 232,531 (18,856) |
£ 14,512 213,675 228,187 (386) 227,801 2,500 225,301 227,801 |
2024 £ 3,224 160,976 164,200 (17,079) |
£ 1,692 147,121 |
|---|---|---|---|---|
| 148,813 - |
||||
| 148,813 | ||||
| - 148,813 |
||||
| 148,813 |
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LITTLE JIMMY'S PRESCHOOL LTD
AS AT 31 JULY 2025
BALANCE SHEET (CONTINUED)
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 July 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 ......................... 27/05/2026
..............................
Mr J Coldron
Company registration number 6954027 (England and Wales)
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LITTLE JIMMY'S PRESCHOOL LTD
FOR THE YEAR ENDED 31 JULY 2025
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Charity information
Little Jimmy's Preschool Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is St James Church Hall, Tower Road, Clacton on Sea, CO15 1LF.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's trust deed, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) 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)" (effective 1 January 2019). 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.
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.
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1 Accounting policies
(Continued)
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:
Plant and equipment 25% reducing balance Fixtures and fittings 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.8 Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability.
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
2 Income from donations and legacies
| Restricted | Restricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Grants | 2,500 | - | |
| 3 | Income from charitable activities | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Pre school | |||
| Grants and fees | 706,668 | 505,548 | |
| 4 | Income from investments | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Interest receivable | 44 | 70 |
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
5 Expenditure on charitable activities
| Pre school | Pre school | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 480,589 | 362,800 | |
| Depreciation and impairment | 4,838 | 563 | |
| Food and welfare | 21,071 | 16,610 | |
| Toys and resources | 41,850 | 16,631 | |
| Facility hire | 38,751 | 35,714 | |
| Insurance | 3,105 | 1,237 | |
| Rates and water | 539 | 545 | |
| Waste disposal | 746 | 619 | |
| Equipment hire | 1,890 | 2,754 | |
| Uniforms | 158 | 1,052 | |
| Subscriptions | 6,675 | 909 | |
| Sundry expenses | 2,063 | 1,440 | |
| Cleaning | 2,585 | 1,043 | |
| Repairs | 13,628 | 2,349 | |
| Bank charges | 231 | 237 | |
| Light and heat | 2,134 | - | |
| 620,853 | 444,503 | ||
| Share of support and governance costs (see note 6) | |||
| Support | 1,564 | 411 | |
| Governance | 7,807 | 6,075 | |
| 630,224 | 450,989 | ||
| Analysis by fund | |||
| Unrestricted funds | 630,224 | 450,989 | |
| 6 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Administration costs | 1,563 | 411 | |
| Governance costs | 7,807 | 6,075 | |
| 9,370 | 6,486 |
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
6 Support costs allocated to activities (Continued)
Governances costs consist of £4,737 (2024: £2,507) of legal and professional costs and £3,070 (2024: £3,568) of accountancy fees.
| 7 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Depreciation of owned tangible fixed assets | 4,838 | 563 |
8 Trustees
During the year trustees of the the charity were paid for their role as nursery managers. These managers received a combined remuneration of £83,701 (2024: £94,861)
9 Employees
The average monthly number of employees during the year was:
| Childcare worker Employment costs Wages and salaries Social security costs Other pension costs |
2025 Number 24 2025 £ 424,951 19,381 6,859 451,191 |
2024 Number 21 |
|---|---|---|
| 2024 £ 341,637 16,323 4,381 |
||
| 362,341 |
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
| 11 Tangible fixed assets Plant and equipment Fixtures and fittings £ £ Cost At 1 August 2024 449 1,806 Additions - 17,658 At 31 July 2025 449 19,464 Depreciation and impairment At 1 August 2024 112 451 Depreciation charged in the year 84 4,754 At 31 July 2025 196 5,205 Carrying amount At 31 July 2025 253 14,259 At 31 July 2024 337 1,355 12 Debtors 2025 Amounts falling due within one year: £ Trade debtors 438 13 Creditors: amounts falling due within one year 2025 Notes £ Obligations under finance leases 661 Other taxation and social security 8,629 Other creditors 1,809 Accruals and deferred income 7,757 18,856 |
Total £ 2,255 17,658 |
|---|---|
| 19,913 | |
| 563 4,838 |
|
| 5,401 | |
| 14,512 | |
| 1,692 | |
| 2024 £ 3,224 |
|
| 2024 £ - 12,241 1,152 3,686 |
|
| 17,079 |
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
14 Creditors: amounts falling due after more than one year
| Notes Obligations under finance leases The obligations under the finance leases are secured against the assets financed. 15 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
2025 £ 386 2025 £ 6,859 |
2024 £ - |
|---|---|---|
| 2024 £ 4,381 |
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
16 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 | August | Incoming | At |
31 | July 2025 | |
|---|---|---|---|---|---|---|---|
| 2024 | resources | ||||||
| £ | £ | £ | |||||
| Food parcels | - | 2,500 | 2,500 |
17 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 August | Incoming | Resources | At 31 July 2025 |
At 31 July 2025 |
|
|---|---|---|---|---|---|---|
| 2024 | resources | expended | ||||
| £ | £ | £ | £ | |||
| General funds | 148,813 | 706,712 | (630,224) | 225,301 |
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LITTLE JIMMY'S PRESCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
| 17 | Unrestricted funds | (Continued) | ||||
|---|---|---|---|---|---|---|
| Previous year: | At 1 August | Incoming | Resources | At |
31 July 2024 | |
| 2023 | resources | expended | ||||
| £ | £ | £ | £ | |||
| General funds | 94,184 | 505,618 | (450,989) | 148,813 | ||
| 18 | Analysis of net assets between funds | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | |||||
| 2025 | 2025 | 2025 | ||||
| £ | £ | £ | ||||
| At 31 July 2025: | ||||||
| Tangible assets | 14,512 | - | 14,512 | |||
| Current assets/(liabilities) | 211,175 | 2,500 | 213,675 | |||
| Long term liabilities | (386) | - | (386) | |||
| 225,301 | 2,500 | 227,801 | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | |||||
| 2024 | 2024 | 2024 | ||||
| £ | £ | £ | ||||
| At 31 July 2024: | ||||||
| Tangible assets | 1,692 | - | 1,692 | |||
| Current assets/(liabilities) | 147,121 | - | 147,121 | |||
| 148,813 | - | 148,813 |
19 Related party transactions
Transactions with related parties
During the year the charity entered into the following transactions with related parties:
During the period the entity paid management charges to a company that is controlled by one of the Trustees of the charity. The amount invoiced and paid during the year was £22,723 (2024 - £NIL)
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