## ## ||**Page**| |---|---| |Reference and Administrative Details|1| |Trustees' Report|2 to 6| |Independent Examiner's Report|7| |Statement of Financial Activities|8 to 9| |Balance sheet|10| |Statement of Cash Flows|11| |Notes to the Financial Statements|12 to 18| ireatlei Hill Pre-(ich(bol Refercncc an(1 .4dmini5tratii e l)etails Trustee5 C'ailieriiie lo (J¢n)iiia J¢nkin8 FQC-A. T￿asurer 1Jrk Nlcl)oiiald. CompanN %ecr¢iary N1r l)irk Aikinwn C'hariti Regi%lratiibn Nuniher C'iinipiiiii ki'gi%lrJliiin Nunibcr 07?99073 The charii) is incorpTrraied in F.noland. l)L C-i)oiiibc Re￿ld11) 14¢Tks1)ire RCJ8 9()L "I hL L'IxNiib¢ 14L'rksliirL Vl{ JX I)I)L A INlb ilLL(Jun11L ni¥ f()r Ilusiness Page I The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 July 2025. ## **Charity Registration Number** 1137119 ## **Company Registration Number** Streatley Hill Pre-School is a company limited by guarantee, with the registration number 07299073 ## **Principal Office** The Coombe, Streatley, Reading, RG8 9QL ## **Trustees on Date Report Approved** The trustees as at the date of signing of the Annual Report are: - Dirk Atkinson - Iain Lattimer - Emily Williams - Thomas Foot - Katherine Barrett - Sian Dallas - Nicola McNeill - Elizabeth Plowman - Katharine Shaw - Matthew Whittle The above trustees are also directors of the company. ## **Trustees for the Financial Year to 31 July 2024** - Catherine Fox (resigned 10th November 2023) - ● Emily Williams (appointed 6th October 2021) ● Iain Lattimer (appointed 20th October 2021) ● Dirk Atkinson (appointed 22nd September 2022) ● Ellena Timmis (resigned 20th November 2023) ● Thomas Foot (appointed 31st October 2023) ● Katherine Barrett (appointed 10th November 2023) ● Sian Dallas (appointed 10th November 2023) ● Nicola McNeill (appointed 10th November 2023) ● Elizabeth Plowman (appointed 10th November 2023) Page 2 ## **Structure, Governance and Management** ## **Governing Document** The organisation is a charitable company limited by guarantee incorporated on 14 June 2010. The company was established under a Memorandum of Association and is governed under its Articles of Association. ## **Recruitment and Appointment of Trustees and Directors** Since incorporation, the organisation has been reliant on a volunteer committee to fulfil the roles of trustee and director. The committee is responsible for managing the company, reviewing and applying current pre-school policy, employing and appraising staff, maintaining the building and grounds, and ensuring financial sustainability. We are so grateful for the time and skills these passionate community volunteers provide year on year to keep the pre-school running. The trustees and directors are appointed by election from the parent members of the pre-school in accordance with the requirements of the Articles of Association. ## **Objectives and Activities** ## **Objectives** Streatley Hill Pre-School provides Early Years Education for children aged 2-5. Our charity’s main purposes, as set out in the objectives contained in the company’s Articles of Association, are to enhance the development of children under statutory school age by offering appropriate play, education and care facilities. ## **Activities** The setting is open for four-and-a-half days a week during term time. Our dedicated staff follow the Early Years curriculum with an emphasis on learning through play. We ensure that all children are understood as individuals and given the attention they need to thrive. We create a positive experience throughout their time at pre-school with educational based activities based on their individual needs and interests. ## **Achievements and Performance** ## **Children** Children are at the heart of every decision at Streatley Hill Pre-School and we have continued to ensure their safeguarding through ongoing compliance with regulations, and up-to-date training for staff and Committee members. We monitor and ensure all DBS checks are updated when renewal is due. We are immensely proud of all of our children’s achievements from the very youngest, those with SEND, to our school leavers. Each of whom are offered the support required to reach their full potential. This year, we have been able to finish replacing the table and chairs within the pre-school. The new furniture has allowed our increased numbers to comfortably engage in group activities. The children also very much enjoyed having an incubator filled with eggs and watching the chicks hatch from them. Outside, a new open-sided wooden playhouse has enriched the space. Page 3 ## **Staff** We believe that attracting, retaining and rewarding excellent staff is an absolute necessity in delivering a high-quality provision for each child. We support and invest in the ongoing learning and development of all of our staff through appropriate training courses and the budget for this remains generous. Our staff body has seen just one change during the year, so the continuity of care remains a strength of the setting. ## **Community** The pre-school is where community begins. We continue to build new and strengthen existing relationships within the local community to mutual benefit and are very grateful for the donations and grants we receive. First and foremost, our parents and carers are valued members of our community and we strive to engage them with quality communications; at the school gates, regular learning observations on Tapestry, through newsletters and with face to face social and fundraising opportunities. Secondly, our close relationship with our neighbour and landlord, Streatley C of E Primary School enables the smoothest of transitions for our school leavers who go there and by generously sharing use of their facilities such as the daily mile track, the school hall and the beach, the relationship enhances our offering to all of the children. And finally, our fundraising events are a great source of funds for reinvestment but also a chance for parents and carers to socialise and form bonds before their children move on to Primary School. ## **Financial Review** ## **General** The pre-school operations have delivered a cashflow surplus of £1,998 in the year to 31st July 2025. This is welcome after the small loss recorded last year. Much of this surplus is thanks to the pre-school returning to its usual capacity or near capacity in terms of child numbers. We also saw the introduction of funding for 2 year olds which is currently at an appropriate rate for the cost of running the setting. Numbers for the current year and registrations for the next year suggest an optimistic financial outlook. The reserves that the pre-school has built up over the past years also provides significant protection. Page 4 Key financial achievements: - Government funding and fee income was £120,158 – a 3% increase on last year and attributable to an increase in child numbers - Total operating costs (excluding depreciation) of £124,027 includes an increased amount spent on our staff costs and on the costs of services to operate the premises safely. - We achieved a donation, grant and fundraising total of £2,436 after expenses primarily thanks to a donation from the Parish Council as a result of income from a torchlight procession. - We continue to recognise and invest in our staff. In June 2025, pay increases were awarded to all staff ensuring that we continue to retain and support our skilled staff. - Financial discipline enabled us to continuously monitor our financial position against budget and ensure we operated within our means throughout the year. - We have made continued improvements to our indoor and outdoor learning areas – this includes investing in new furniture and resources to engage the children positively. ## **Reserves** The trustees have examined the charity’s requirements for reserves in light of the main risks faced by the organisation. These are set out in an established Finance Policy and comprise: - Redundancy liabilities in case of closure – 25% of total annual wages - General running costs contingency to offset funding and/or cash flow shortfall – one term’s expenditure (excluding maintenance and depreciation) - Maintenance contingency to meet urgent repairs – equal to one term’s maintenance expenditure, averaged over the previous three years - Designated contingency, accumulating over time, to cover the estimated costs of replacing the pre-school building – based on the depreciation of the asset over its useful economic life The pre-school satisfied this requirement, holding the majority of its reserves in a separate, dedicated bank account. ## **Fees** The Finance committee has a responsibility to ensure our ability to meet future costs from our future income is preserved. Accordingly, a thorough annual review of our fees was concluded in June 2025 where it was decided that there would be an increase to our hourly fees of 8.5% from September 2025. ## **2025-26 Funding Priorities** The trustees are committed to maintaining the strong financial health of Streatley Hill Pre-school and accumulating the designated contingency. Page 5 We will aim to do this by providing an outstanding setting and optimising the number of children in fee paying sessions, being financially diligent and with the continued support of the wonderful community within which we operate. The annual report was approved by the Trustees of the charity on 2[nd] March 2026 and signed on its behalf by: _________________ Dirk Atkinson Trustee Page 6 ireatlei Hill Pre-(ich(bol Truslces, Report Page 6 ireatlei Hill Pre-(ich(bol Indcpcndent F.iaminer'% Rcport to the Irustets of Strc#tlei Ilill Pre-school I'the C'oiiii)Jiii-') I rLpori to ihi ¢harilJ Inis1¢¢9 on mi ¥.iamination ofihL a¢¢ounis ofilic Qoii)pani for thi N¢ar ¢nd¢d J l Julj 10)) R¢4p()n%ihilitie4 1)f rvpi)rt As Il)c Lharii} s Irusiecs ol- IIIL L"iiinkvan} land also dircciors for ihc purposcs ol- coiiipai)K la￿ l lou arc rLSPI)11sil)IL li)r ihL prL'piiraiiiii) i)I'ihL II CCI)Utlls in aLci)rdaiiLL li lili ihe rLNuirL'n)Lni% i)l-IliL C'<)nii)Il1)iL'% ALI )0116 1.11)c 000 ALI'I. 11I2l'ln¥T Sli iisficd iiiiscll- Ihai ihi accouiiis of Ihi C-onipani arc noi rL'quircd 10 LK. auditcd uildcr Part 16 of Ilic 711116 Inili'i)cndc'nt i'ianiincr's %t:Itcnicnl L ¢¢OUIIIIi)IT f¥cords M¥rc noi kipi in rn'sp¢¢i of SircailLJ I lill l)ri-S('hool as rn'quir¢d b) s¢(iion ALI. ()r 2. Ihc accoiinis do noi iiccord li iih (hose rccord%: or rLyiiircri)enis of %eLIioii of IliL i F-RS 10?11. I h4Tr￿C l)0 coi)ccriis lind haic con)¢ acr055 no oih¢r maii¢rs in ¢onn¢clion li lili Il)c cNaii)iiialioi) io iil)icl) allLnii(Tri) Nhi)Iilol bL Ilrau n in ihi% rcp()rt in iirdcr 10 L'lldblc d pr(bper undcrsiandinLT ()f the aLcounis 1() be reachLd. F-rank14ulle I.'I'A I.'IPA ? l-?8 51 l.coiiards Road 514IRR DaiL.'................................. Page 7 ireatlei Hill Pre-(ich(bol SIAtI'nicnt of Financial ..Irlii"ilic5 for thc l'ear Endcd .1 l Juli" 202 I n¢luding I ni(bme lind F.Ipenditur¢ .*¢¢￿￿nt Statement (bf Total Re¢Th2ni%ed lllains And Note Llnreslricted Inconic and F.ndo￿￿1e￿ts frorn: l?0.1*8 l?O.1*8 I'(>ial eipei)diliire NLI L'NPLI)dilLirL' )51 Page 8 ireatlei Hill Pre-(ich(bol SIAtI'nicnt of Financial ..Irlii"ilic5 for thc l'ear Endcd .1 l Juli" 202 I n¢luding I ni(bme lind F.Ipenditur¢ .*¢¢￿￿nt Statement (bf Total Re¢Th2ni%ed lllains And Llnreslricted TDt#l ?0?4 Tr*ote Inconic and F.ndo￿￿1e￿ts frorn: 1.407 17.047 1.7RQ 1.40? 17.047 1.7R9 1)).99J I'(>ial eipei)diliire 1g6.A:4 All nl'ihe cliiiril)'% aciii ilies derive froiii coiiiiiiiiino 0￿ratiOnS during the abDI'e iiio reriTrJs. iikdoiin for ?0?4 is shoii li in llotc I l. Page 9 ireatlei Hill Pre-(ich(bol {Re4Ni%tration nuniber: 0729907.1) alAnLC Slief t A% .1 l Juli" 2112* •0? •0?4 Note Fiie(l J55etS 6Q.48.- 69.870 C'iii'rent assets 10 N¢'l d55l't5 I,'nr¢slrii'i¢d iiictsnie 196.914 119 I l Juli 7074 ili¥ ihiril) lias cniiil¢d 10 Lx¢n)piion froii) audii ui)dLr siLlion 477 01'11)¢ 'I'IIL IIILI)IiK'r% l)11i not r¥'iiuirL'd Illl cliafit} lo o￿all) an audii uf 115 aLLounis for ilic scar ii) queiiiDI) ii) 'i Ih¢ir r¢sponsibilili¢s for ¢oiMpl) ingv ￿ ith ih¢ r¢quir¢iii¢nis of Il)C ilcl i¥iili rc5Piil l() 'I'h¢ fiii¢llI¢l411￿I71 1¢11)¢n15 on pogc5 9 10 19 ii¢r¢ apprO￿¢d b! lh¢ Im51¢¢S. and auilioriscd for issu¢ 01) Nlr Dirk Aikinsoii TriisiiL Page 10 ireatlei Hill Pre-(ich(bol Statcmcnt of C'A%h Floiis for thf I'car F.ndcd.11 .luli 202 •0?4 ?0?4 C'41%h frnm i)perJting Jrlii itic Nei ca%li IcKrKiidiiurel income ?951 A(lju4tnieNt% to cJ¥h frvrn non-cJsh iterns Nei C¥lsh Ilo¥i % l-rnn) OperalinTr￿ 41Clii iiieq 1.997 1).991 1.7RQ Nei ii)ire94 %e ii) C4islI and ia4h equii iileniq 4.090 14.780 117.i69 All Dl'ihe cagh IIoi%% lire derived froin coi)lii)Iiino D￿ratiOn% durinL (he iiio period< Page 11 ireatlei Hill Pre-(ich(bol iN()ti's l() the Financial Statcnicnli fnr the I cAr F.n(Icd .11 Juli" 202 C'h4iriti ltalu I'he ¢liiriti is liniited h) qliar¢ capital. incorp)rdied in Entiland. ¢ ddri%S 01- lis rLbisicrcd otTIci IS- RCJ8 gIjL R( 18 (){ )L 2 AÉLiiunling piilicii'¥ iii)IiLiL'S ha¥L beLn coi)sisienil) 1ppIiLd io all Ihe %ear% pre*nied. u111￿5 oiherni i%e %iaiLSd. %( IRI, I l. R% I l)?11. Il)L F'iiidl)cial Rcponiiicy %iaiidard applicablc in ihc IJK and Rcpublic (If IrclaTid IF-k% 111?) and IlJii% i)f priii:Ir:Ition CvuinkF Lvniirn -I-IIL IriiilLLS LI)TisidLr Ih1c I IhLrL' c1re no maierial uncertainiies aboui IhL Lhc1riii's abili¢¥ io coiiiiiiuL &$ a Troiiio cniiccrii iior IL 111 s11Triiificant arcas of iincenainii Ihai aifcci ihe catTh i-alllc of asscis hcld bi ihc cliarili. Inconie :Ind endom nitnt5 All jiiii)Illi is fiLI)iTrliiSid oncc thc chariii has cTriiilciiicni io Ilic inconic. li is probable ihai ilie inconie li ill be rcccii'cd and thc Iiioiinl Ikf thc inct>rne rcccii"ablL can iiicasurcd reliabli. Page 12 ireatlei Hill Pre-(ich(bol iN()ti's l() the Financial Statcnicnli fnr the I cAr F.n(Icd .11 Juli" 202 Grdiii.I riTrL'L'ii'iibli' (Jfi1111S arl rL'cooiiisLd %ihLn ihL charii) has an Lniiileiiiei)I 10 ihL funds and aiii coiidiiions liiiked 10 ihL omiiis Iiai'c Iijihilii) ¥iiid iiicliidcd nii ihi bali¢ nci %licei aA dLtcrrLd inconiL rn ￿. rn.leaAed. 'IiiNLd ()nLL IhLfL' 15 IL", Iinoiini bl. iiiLasurLd ILliabli. All cosis ￿lfL alloiaiLd IL) IIIL tsppIiL'ible LIPLiidiliir¢ Illi)L, Tut411 for •094 Toliil f(br ?0?4 117.i9Q 117.iQQ Page 16 ireatlei Hill Pre-(ich(bol iN()ti's l() the Financial Statcnicnli fnr the I cAr F.n(Icd .11 Juli" 202 Iriisiees. nor anj personq connected li ith ihem. haie r¢ceii¢d anj r¢iiiuiierJiion froii) ¢h¢ ¢liariiK durinft the Jear. 8 T#iati(Iii 'I'lik ili¢iri¢i IS <1 rl￿￿1stlr¢'d charil% 1¢ nd is ihcr¢f()r¢ ¢.xcmpi fn)m iaxaiion. 9 T#n£ihle filed J4%e14 Furiiiturc Tutdl IA7.70n 1:.879 100.47Q 1:.%7Q 117.8.1 170.709 1:.87Q 140.094 Nel i iilue Ai i l Jul> 10?5 110.484 At 11 Jul>. ?1174 {)Q 870 1?9 870 In C'ash .Inil i'i%h iNuiialint¥ 10•4 L'ash ai bank 116.4.19 11 Funds Baliin¢c dil I Inriimin2 Rcsources eii?ended I}￿lIAn￿l at 31 Ilnre51ricted fun(15 (ieneral 196.9?4 Page 17 ireatlei Hill Pre-(ich(bol iN()ti's l() the Financial Statcnicnli fnr the I cAr F.n(Icd .11 Juli" 202 Ildildnci at I INcuNiin2 rcs1)urrc% Rcsoiirccs LIITrLiidLd B&ilaiiLL di 31 Ilnrestricted fun(15 (iei)Lral 196.814 177.994 1117.4991 107 119 I ? ADyl%%i% (Jf uc't hctmccn fund Llnrc%lrirlcd fuiid £()n.484 £{)n.4R£ IQI? Q?4 lQ().914 fuiid £(*(1 8711 £1)9 %70 13 Aii:Il%%is iTrf nLt NLI dLbi .4t l ..%ugust At JI Jijli L'ash ai bank li nd in hand 17.4()9 17.5()9 Nel dLbi 17.)69 117.569 Page 18 ireatlei Hill Pre-(ich(bol Sta¢cTncnt of Financial .-Iclii itics bi" fund for thc I'car F.ndcd .11 .luli' 202 I'nrestricted Funds Toial Total Iliirc'slricted L'nri'slriited Fund Fui)Il 71174 InLUlI)e an(1 F.ndts￿lne1Ils fr(km: 17.047 1.789 ?.09_; 1 O1¢l1 incoii)¢ .994 Nei ieipeiidilurel income Ri'ioni ilicilivn tsf funi15 1g().A:4 '1011( I lunds carriid fc)rMaTd Page 19 ireatlei Hill Pre-(ich(bol l)clailc(I Sta¢cment Df Financial .-Ictii"itie% for the l'ear F.nqled .11 Juli" 202 Inconie dn(l F.n￿0￿me1lls from: 1.40? 117.047 1.789 l )tliL'r ii)Cl)Illi lanal)'&L.d beloii I I11.Q94 Nei leipeiidilurel income l.i.7951 Rei'onc'ili¢ilitsn tsf funil .1 (>liil liiiid% hrDLi4hi foniard ?0) 119 Page 20 ireatlei Hill Pre-(ich(bol l)clailc(I Sta¢cment Df Financial .-Ictii"itie% for the l'ear F.nqled .11 Juli" 202 GrLllllS- oilier a&iencie 100 i.Jo? l)O.Ix8 117.047 1.7R9 1.7RQ Oilitjr iiic'vipii, 11)6.::61 RLIii li nd ril115 111siinnLL &. ILLS 11.X791 16141 14:41 16871 11.6041 14.:661 uiid Kai%in(y Ac11￿ ili¢ ALcoiiniiinc) fkcs 14071 16(P41 1:.7()Ul Depreciaiinn of freeliold propert) Page 21