Company Registration No.: 7307359
Charity Registration No.: 1137543
sK3oford in the y
ale
Pre-school
STANFORD IN THE VALE PRE-SCHOOL
(COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

STANFORD IN THE VALE PRE4CHOOL
(COMPANY LIMITED BY GUARANTEE)
GENERAL INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEES
Amy Ireson
Katie Amies
Nina Stillion
Claire Lewis
James Robson
Nathan Bradley
Amanda Matthews
Chloe Tanner
Karina Beck
Laura Woods
Laura Bunning
Recreation Ground
Huntersfield
Stanford in the Vale
Oxfordshire
SN7 8LX
REGISTERED OFFICE
CHARITY REGISTRATION NO.
1137543

STANFORD IN THE VALE PRE-SCHOOL
(COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees of Stanford in the Vale Pre-school present their report and financial statements for the
period 1 September 2023 to 31 August 2024, in line with the Charities SORP 2005 9uideSines.
1. General infomiation and adminlstratlve detalls
The following directors have held office during the year ended 31•t August 2024:
Amy Ireson (Chair, appointed 12 October 2022)
Katie Amies (appointed 22 November 2018)
Nina Stillion (appointed 22 November 2018)
Claire Lewis (appointed 18 November 2020)
James Robson (appointed 12 October 2022)
Nathan Bradley (appointed 12 October 2022, resigned 11 October 2023)
Amanda Matthews (appointed 12 October 2022)
Chloe Tanner {appointed 12 October 2022, resigned 11 October 2023)
Karina Beck (appointed 17 November 2021, resigned 1 September 2023)
Laura Woods (appointed 11 October 2023)
The following directors have resigned since 31•t August 2024:
Laura Bunning (resigned 14 October 2024)
Amanda Matthews (resigned 14 October 2024)
Trusteos, responslbllttles
Company law requires the directors to prepare financial statements for each financial year, givin
true and fair view of the state of the company and of the income or expenditure of the company
that period. In preparing these financial ststements, the trustees are required to:
or
Select suitable accounting policies and then apply them Gonsistentjy
Make judgments and estimates that are reasonable and prudent
Prepare the financial staements of the going concem basis unless it is inappropriate
to presume that the company will continue in business.
The trustees are responsible for ensuring that proper accounting records are kept which disdose. with
reasonable accuracy and at any time, the financial position of the company and enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also ￿sponsible for
safeguarding the assets of the company and for taking reasonable steps for the prevention and
detection of fraud and other irregulaiities.
Statement of disdosure to the independent examiner:
a) So far as the trustees are aware, there is no relevant infomation of which the
independent examiner is Unawa￿., and
b) They have taken all the steps that they ought to have taken as trustees in order to
make themselves aware of any relevant information and to establish that the
company's independent examiner is aware of that information.
PrinGipal place of business and Registsred OfflGe
The principal place of business and Registered Office is Recreation Ground.
Huntersfield, Stanford in the Vale, Oxfordshire, SN7 8LX.

Structure, govornanGe, and management
Stanford in the Vale Pre-school is a company limited by guarantee {Companies House registration
number 7307359). which was incorporated on 7 July 2010. and commenced the activities of operating
the pre-school in Stanford in the Vale on 1 September 2010. Prior to this date, Stanford in the Vale
Pre-school and Playgroup Association (rhe PSPGA) operated and managed the setting. All activities.
assets and liabilities were transferred ovér to Stanford in the Vale Pre-school and due to the
incorporation, the bank accounts from the old pre-school PSPGA were dosed and monies transferred
to new accounts (a current account and saifjngs accounts with Lloyds TSB). Our finanaal year runs
September 1st to August 31 st, in line with the school year.
Stanford in the Vale Pre-school is a registered charity (registration number 1137543) and
governing document is its Memorandum and Artides of Association, dated 21 June 2010.
The trustees, who give their time on a voluntary basis, delegate the day-to-day running of the pre-
school to a sub-committee of volunteers, who work with the paid staff to manage the pre-school.
The trustee selection method is as follows..
The vacant trustee position is announced to the SUb￿mMIttee and all pre-school members,
Nominations are put forward at a Irustee meeting.
All nominations require seconding.
A vote is held if a quorum of trustees are present.
The new trustee position is minuted and recorded in the company's registered l)ooks.
Objectlves and actlvltles
In line wtth the Memorandum and Articles of Association, the principal object of the charity is to
enhance the development and education of children under statutory school age, by encouraging
parents to understand and provide for the needs of their children through community groups and
by offen'ng appropriate play. education and care.
Achlevements and performance durlng the year
Preschool was proud to achieve another Outstanding rating in its OFSTED inspection in February
2024. We were found to be Outstanding in all categories: quality of education, behaviour and
attitud8s, personal development and leadership & management and no further areas for
improvement were identified.
This year has again seen a high number of children on the register and in session. There has
been a significant increase in the number of Pupil Premium children in setting. The continuing
increase in Ghildren's social, emotional and educational needs has meant that we continue to keep
staff to pupil ratios higher than the legal requirement. to provide our children with the best possible
education and ensure the safety of all children in the setting.
We had a very successful year of fundraising activities and held several events for the children.
In this financial year, we employed seven members of staff, 5 of whom a￿ qualified in childcare
to Level 3 and 2 at Level 2. One of the staff also works as an administrator. We also employ
a cleaner.
The table shows details of the number of children in session. The capacty of the building
approved by Ofsted is 30. As we take most children (except funded 2-year-olds) in the term
they tum 3, our average number in session increases each ienn. Thls year, the numbers
were as follows:
Sept-
Dec 23
Jan-
Apr 24
May-
Aug 24
Average no. children per
sossion
No.0
chlldren on
there
ister
13
17
20
23
30
35

We would like to thank all the staff and all the volunteers who have given their time to the pre-
school over this past year. As a community-run organisation we are very appreciative of all the
support we receive, and we are grateful to our fantastic staff for all their efforts.
Financial review
Prlncipal fundlng sources
The principal funding source for the pre-school is the Government funding provided by Oxfordshire
County Council {OCC) for all children over the age of 3. up to a maximum of 30 hours per week.
Flnanclal perfomiance for the year ended 31 August 2024
The statement of financial activities for the year ended 31 August 2024 showed a net deficit of £81
(expenditure exceeding incorne) in the period of compared to the prior year £11,326.
We maintain a robust approach to financial management. With the aim of balancing the book8
each financial year, we $8t a tight budget which aims to Cover our operational costs with fees
income and then allocate any grant and fundraising money to purchase of additional equipment
and fund improvements to the setting. The govemment funding we receive does not cover our
operational costs. This year, we were able to break even due to a 2500/0 increase in the amount of
Pupil Premium and SEN funding we received. due to the increase in PP and SEN children on the
register. Our fundraising activities were very successful this year, The preschool can fall back on
reservas that we have built up in previous years if necessary and we are fortunate to have the
Public Purposes Charity in the village to which we can apply for funding towards equipment and
resources.
Reserves pollcy
The trustees have put aside 2 separate reserves.
1)
A reserve as advised by the Early Years Alliance to protect in the case of
ernergency foreclosure and to meet any unforeseen circumstances. This figure is 3 months
expenditure and redundancy pay due to staff. We reviewed this amount in 2024 and set this
res8Ne at £25,000. This is held in a separate account.
A reserve for building maintenance. As custodians of this building, the trustees are
responsible for safeguarding its upkeep and maintenan￿. We ensure that we have
adequate Insuran￿ cover for the building and contents, but in addition to this, it is
considered good practice to have a maintenance fund. This was set at £9,000 at the start of
the financial year and £1175 was used to fund roof repairs during the year. The fund is now
set at £7825 and is held in a separate account which attracts interest. In years where we
have a surplus, we aim to increase this fund.
This comes to a totsl of £32,285 which we hold in a designated reserve on the balance sheet and
is part of the cash we hold in our savings accounts.
Investments seloctlon pollcy
The charity did not hold any investments for the period in question. and any monies not required
immediately are held in either of our two savings accounts.
Plans for future years
The prtrschool's lease on the building is in pla￿ until 2035 and we exkEct to renew the
lease with the Parish Council once it expires. The lease increases by ROI every 4 years; the
Parish Council has kindly kept the lease at the original amount and grants the Preschool the
difference between the lease and the new rent.

The government offers 30 hours of free childcare for children with two working parents. The Pre-
School Committee continues to monitor the financial impact of this change. We make decisions
that are in the best interests of the community and offer preschool education to as many children of
Stanford in the Vale as we can, whilst operating with robust financial management. The pre-school
is also registered for the tsx-free childcare scheme which enables working parents to réceive a tax-
free top up from the govemment.
Automatic Enrolment Into Workplace Pension Scheme
The pre-school is registered for NEST, the workplace pension set up by the government effective 1
September 2016. In this financial year, 3 members of staff were auto enrolled for this scheme and
2 opted in.
Marketing and Communlcatlons Alms
The Pre-school relies on its website, newsletter and dosed (parentslguardians only) and open
(community-focussed) Facebook pages, which have brought substantial improvements to the ways
in which we communicate with prospective and current families.
Events {Soclal and Fundralslng) Alms
We run events that raise monies (such as bake sales, village festival stall, car boot sales,
Christmas bazaar)
We run events for our children such as discos and tri
We run events for parents to see preschool, view chi
dren's work and meet other parent8
The Preschool is a member of..
The White Horse Community Lottery Fund
Easyfundr8ising
Bulldlng Ownershlp Alms
We will execute building Maintenan￿ actlvities.
By order of the board
Clalre Lewl8
Treasurer of tho Board of Trustees
Dats.....
STANFORD IN THE VALE PRE-SCHOOL
(COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STANFORD IN THE VALE PRE-
SCHOOL
FOR THE YEAR ENDED 31 AUGUST 2024
Respective responslbilities of trustses and examlner
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 responsibilty to:

examine the acwunts under 8ec*'on 145 of the Chaiiti'es Act:
to follow the procedures laid down in the general Directions given by the Charity
Commission (under section 145(5)(b} of the Charities Act,. and
to state whether particular matters have come to my attent'on.
Basls of Independent examine¢s report
My examination was carried out in a(xordance wrth general Directions given by the Charity
Commission. An examination indudes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently no opinion is given as to whether the accounts
present a 'true and fai¢ view and the report is limited to those matters set out in the statement
below.
Independent examinerfs statement
In connection with my examination, no matter has come to my attention which {1) gives me
reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act. and
to prepare aco)unts whith ac[£)￿1 with ac£ounting reu)rds and CX)m￿Y wth tha a(xx)unting
reqUi￿nEnts of the Chaiities A
have not been met; or
{2) to which, in my opinion, attention should ba drawn in order to enable a proper
understanding of the accounts to be reached.
Name: Irene Tucknott FCCA
Relevant professional qualification or body: ACCA
Address: 3 Manor Green, Stanford in The Vale, SN7 8LU
Signature:
Date:

STANFORD IN THE VALE PRE4CHOOL
ICOMPANY LIMITED BY GUARANTEE>
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 1 AUGUST 2024
INCOMING
RESOURCES
Notes
Unrestrlcted
Funds
Restrlcted
Total
Unrestrfcted
Restrfcted
I*IHI*I*I
Total
2023
Funds
2024
Funds
Funds
Incoming
Resources from
charitable
aclivities
Voluntary
incorne
Actiwties for
generating
fijnds
Investment
income
Other income
93,328
25,809
119,137
91,742
7,411
99,153
6,196
6,196
998
998
5,409
150
5,559
5,849
81
5,929
355
355
173
173
1500
99,092
32,155
131,247
97,764
9,989
107,753
RESOURCES
EXPENDED
Dlrect
charltable
expendlturn
Other
ex
endlture
Costs of
activities to
enerate fijnds
Govemance
Gosts
124,443
6,777
131,220
111,895
7,148
119,043
108
108
Total
resources
ex
nded
124,551
6,777
131,328
111,931
7,148
119,079
Net income I
(expenditure)
for the
eriod
{25,459)
25,378
(811
{14,167)
2,841
{11,326)
Fund balanc•s
brought
forward
Fund Dalances
carried
forward
294,464
29,247
323,711
308,631
26,406
335,037
269,005
54,625
323,630
294,464
29,247
323,711
The income and exp6nditure account has been prepared on the basis that all operations are continuing
operations. There are no recognised gains or losses other than those passing through the income and
expenditure account.

STANFORD IN THE VALE PRE4CHOOL (COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 AUGUST 2023
2024
2023
Nota8 £
Flxed Assets
Tangible Assets
269,594
272,945
CURRENT ASSETS
Cash at bank (of
which £32,285 is
held as a designated
reserve)
Accounts receivable
CREDITORS-
Amounts falling
due wlthln one year
NET CURRENT
ASSETS
TOTAL ASSETS
LESS LIABILITIES
Unrestricted fund
balance
Restricted fund
balan
54,442
53,654
1,312
1,591
104
2,848
55,650
52,397
325,244
325,342
292,959
298,095
32.285
27,247
For the financial year in question. the company was entitled to exemption under section 477 of the
Companies Act 2006 in relation to small companies. No members have required the company to
obtain an audit of its accounts for the year in question in accordance with section 476 of the
Companies Act 2006. The directors acknowledge their responsibilities in complying with the
requirements for the Act and with respect to accounting records for the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to companies
subject to the small companies. regime.
The flnanGial statsments were approved by the Board on .. ..
Slgned.........,...............
Claire Lewis
Treasurer of the Board of Trustees
STANFORD IN THE VALE PRE4CHOOL
{COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting convention
ACCOUNTING POLICIES
Accounting conv8ntion
The financial statements are prepared under the historical cost convention. In preparing the financial
statements the charity follows best pr8dice as set out in the Statement of recommended practi￿ no.
2 "Accounting and Reporting by Charities" (SORP Revised 2005), applicable UK Accounting
Standards and Companies Act 2006. The principle accounting policies in the preparation of the
financial statements are set out below.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the
requirement to produce a cash flow statement on the grounds that it is a small company.
Incomlng resoufGes
All incoming resources are induded in the Statement of Flnancial Activities when the charitable
company is legally entitled to the income and the amount can be quantified with reasonable
accuracy.
Resources expended
Expenditure is included on an accruals basis and has been dassifled under headings that
aggregate all costs related to the category. Direct charitable expenditure relates to those costs
directly associated with the provi8ion of childcare within the setting.
Tanglble flxed a55ets and depreclatlon
The pre-school capitalises all fixed assets with a value of more than £100. Tangible fixed assets are
stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less
estimated residual value of each asset over its expected useful life, as follows:
Buildings
2%, straight line
Computers
33,33%, straight line
Fixtures. fittings and equipment 10.kn straight line
Fund accountlng
Funds held by the charity are either:
Unrestricted fund8: these aro funds that can be usod in acMrdance with the Gharitable
objects at the discretion of the trustees.
Restricted funds: these are funds that can only be used for particular restricted purposes
within the objects of the charity. Restrictions arise when specified by the donor or when funds
are raised for particular restrictéd purposes.
10

2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Unrestrictèd
funds 2024
Rèstricted
funds 2024
Unr8strlctsd
funds 2023
Rèstrfctsd
fvnds 2023
OCC grant for funded childran
Fee income from unfunded children
Admissions- registrab'on fees
Gonsumables fees
Oth8r income (sales of Pre-school
branded products)
OCC funding for Speaal Educational
Needs and Pu
il Premium
79,195
9,493
1,110
3,530
306
78,836
9,276
560
3,071
73
81
25,809
7,411
3. VOLUNTARY INCOME
Unre8trlGted
funds 2024
RestrfGted
funds 2024
Unre¥trlGted
funds 2023
RestrfGted
funds 2023
Donations and other grants
Grant incoma for training staff
5,252
6,196
5,849
1,079
5,252
6,196
5,849
2,579
4. DIRECT CHARITABLE EXPENDITURE
Unrestrlrted
funds 2024
Restricted
funds 2024
Unrestrlcted
funds 2023
Restrfcted
funds 2023
Salaries and wages
Rent and rates
Material and aquipment
Cleaning costs
Depreciation
Gifts and donations
Household Support Fund
Insurance
School branded items
Miscellaneous expenses
Office supplies and
software
Professional fees and
subscriptions
Refreshments and sundries
Repairs
Security costs
Telephone
Training axpensos
Utilities
96,811
1,000
2,513
1,873
8,907
88,399
1,000
2,548
1.792
4,479
6,095
727
250
2,025
1,931
678
462
1,786
405
314
68
362
293
1,613
193
1,610
100
313
1,059
273
1,347
1,027
1,015
500
3,341
57
2,393
570
122.226
9.101
41.031
7.148

5. STATEMENT OF MOVEMENTS ON RESERVES
Unrestricted funds 2024
Brought forward balan￿ Inotel
Surplus (deficit) for the period
294,464
(25,459)
g.005
The above reserves include the following designated funds: (see Section 5 of the Trustees
Report)
Contingency fund (three rnonths, expenditure):
Building repair and maintenance fund:
Totsl
£25,000
£ 7,825
£32,825
These designated funds are held as cash in the balance sheet.
6. TANGIBLE ASSETS
FlxtUrn8, flttlng•,
and equlpment
Tot
Bulldlngs
Cost
At 1 Septemb8r 2023
Disposals
Additions
At 31 August 2024
353,737
33,150
386,887
6,285
6,285
393 172
353 737
Depreclatlon
At 1 September 2023
Charge for Year
At 31 August 2024
191,972)
(7,074)
199,046)
(21,972)
(2,559)
(24,531)
1113,944)
(9,633)
(123,557)
Net book value
At 31 August 2023
At 31 August 2024
261,765
254,691
11,178
14,904
272,943
269,595
7. CREDITORS- Amounts falling duo In less than ono year
Unrestrlcted funds
2024
Inv•l¢•• not y•t pald
105
105
8. DETAILS OF CERTAIN ITEMS OF EXPENDITURE
Trustses, expenses
2024
2023
12

Number of trustees who were
paid expenses
Total amount paid
Fees for examination or audit of the accounts
The fee paid to the independent examiner of the accounts was £408.
Paid 8mployees
Staff Costs
Unre8trfcted funds
2024
Unrestrlcted funds
2023
Gross wages, salaries, and
banefits in kind
Employevs National Insurance
costs
Pension costs
Total staff costs
95,639
88,471
(414)
1,172
96.811
342
88,399
The average number of full-time equivalent employees in the year was 4, all of whom work in
respect of the charitable activities of the Pre-school (staff members in the Pre-school).
13