Old London Road Pre-school Limited Company limited by guarantee Old London Road Pre-school Limited Financial Statements For the period I" September 2024- 31" August 2025 Registered as a company limiknl by Guarnntee ID EDgl*thd & Wales Registered Office: Westwick CottsgG Wests iek Ro*. Hemel He￿P$te#lL Englan(L HP2 4UD Registered No: 7287688 Rtgistered C:harily h'o: 1137573 pa￿ 1 of8 Old London Road Pre4chool Llmlted Company Ilmlt•d by guarant•0 Contents Page Directors, report Profit and loss account Balance sheet Notes to the financtal statements Page2of8 Old London Road Pre-school Limited Company limited by guaranto0 Dlrectorn, rnport for Ihe period 1¥t Septomber 2024- 31•1 August 2025 The directors present their report and the financial stalém8nts for the period 1•1 September 2024- 31" August 2025. Objectives of the Charity The objectiv8s of the Pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by".- Offering appropriate play, education and care facRities training ￿u[s88. together with the right of parents to lake responsibilty for and io become invofved in the ￿tiVItieS of such groups, ensuring Ihat such groups offer opportunities for all children whatever their race. wlture. rel￿40ft, means or ability., Encouraging the study of the needs of such thildren and their families and promoting public interest in and recognition of such needs; Instigating and adhefing to and furthering th6 aims and objects of the Pre-school Leaming Alliance. r. Management The goveming dO￿Jments of Ihe company are its memorandum and articles of association. The management of the chartty is through a comm5ttee of volunteers who are thè d1￿CtOrS of the compary. The day lo day njnning of lh8 tharity is via a team Df paid stsff. The pre-school is a registered charity (1137573) arKI is registered with Otsted (123649). Dlrectors The director5 who setvgd during the year are a5 Stated below:. Amèlia Hodge Jennifer Mouratsing Lisa Gallagher Rachel Horgan Kathryn Kariyawasam Hannah Rimmer Claire Wicks {appointed 4" March 2025) Francesca Bockhart {appointed 28° Marth 2025) Rob Hogg (appointed 22- April 2025) Emily Armstrong (rpsigned 4 Marth 2025) Rosa Stacey (resigned 4 March 20251 None of the directors has any beneflcial interest in the company. All of the Directors are members of the company and guarantee lo contribute £1 irs the event of winding up. Secretary Lucy Good Pag• 3of8 Old London Rodd Prn-school Llmlt•d Company Ilmltsd by guarantee Review of Activities Child numbers were higher than our usual Autumnal enty in September 2023. and a healthy waiting list maintained. The govemmant expansK)n of fundgj childcare to working parents of 2 years olds last April meant mor8 2-year￿Id$ aixessed funded childcare. Some of our families bvere able to take up the offer of using spaces in our nursery year group. which in tum created spaces for us to 8nroll new children that were in need of a presch(K)I place. Our Just Giving page has continued to be a successful and easy way for families to donate to our charity. Our QR code remains on our webstie to encourage families. County council funding conlinued lo make up the majority of fees at our preschool from 3 and 4 year old children, supported 2-year-old families, working 2 year old families and eady years pupil premium. The county cx)uncil funding was greater than last year due to the increase in funding for both universal, 2 year funding and the fundiThJ expansion. Parent fees were 31.1% loM*r than last year due to more families beujming eligible for a child¢are support. Wages were higher than last year because of the 6.7% nabonal minimum wage increase. the higher ratios we n8ed8d for 2 year olds and utillzing slaff ￿Ver when other are training. We war8 ablè to SUCC8ssfully run a number our annual fundraising events such as the Fun day and the sponsored bounce which parents and the community continued to generously support. We used th8 funds raised from our sponsor8d boun￿ lo pur(a)ase outdoor leaming equipment which provides much 6njoym8nl and doveloprnant opportunities for our preschool children. We have also been able to continue to fundraise as partofthe St. Albans district community lottery. The early years pupil premium money that we received enabled us to puichase equipment needed to bridge the gap in their leaming, fund our disadvantaged families to join our preschool trip to Bekonscot Model Village and attend our summar club, providing continuity for these children over the summer break. We continue to support our Ch￿dren with additional needs and have welcomed new children who need extra help and support in the ptesdwxl setting. We vmrk closety v￿th the families and r81gvant professionals to ensure that the best care and support is provided in a number of ways. Our SENCO works with these children lo further support those families children in our care to ensure Ihey reach their potential. Two members of staff ombarked on apprenttceship training to gain level 2 and18vel 5 qualifications. The knowledge gained was cascaded to staff members, improved our provision and has enabled our t6am of staff to have an even better understanding of the requirements of being a practitioner in our setting. We are legally required to prove 'off the job. sludy hours for this. The Directors, extend their thanks to all the preschool staff for their continued dedication, resilience. professionalism and enlhusiasm during this year. Revlew of Flnan¢lal positlon During th8 period the preschool mad8 a loss of £23.405. R888rv8s at the end of the period were £137,142 of which £224 ar6 restricted for funding staff outdoor training. Pag84of8 Old London Road Pre-school Limited Company Ilmited by guarantee Statement of financial activities for the period 151 September 2024- 31" August 2025 Notes 2023 2024 Incomlng Resources InKiming resourc￿ from Oonjtio￿ & 1•94 Donations 272 214 Ineoming resoureès frem ehaiTt•bl• activitt•S Hertfordshire County Council Funding Pre-school Fees 234,614 187,489 59,047 85,764 Fundraisir¥J 8,483 5,312 Inveslment In(x)me 1.705 1.503 Total Incomlng Resources 304,121 280,282 Expenditure EX￿ndItur• on ratsln9 fvnds Fundraising 4.354 2.269 Expenditure on charitable actiNitie% Pre-school operakn'ng costs Pre-school wages Rent 41,473 26,169 270,060 215,039 11,639 10.800 Oth•r Exp•ndttur• Bank charges Total Resources Expended 327,526 254,277 Net Movement in Resources (23,405) 26,005 Reconciliation of Fun(ts Total funds brought forward 160,547 134.542 Totsl funds carrfed Forward 137,142 160,547 Page 5of8 Old London Ro•d Pr•¥•chool Llmlt•d Company Ilmlt•d by guarant•• Balanco sheet a$ at 31•t August Nots8 2025 2024 Totsl Flxed Amet8 Current Assets Sundry Debtors Cash at bank and in hand 137,342 160,747 137,342 160,747 Less Credltors: Amounts falling due within one year 200 200 Net current assets 137,142 160 547 Total assets less current liabilities 137,142 160,$47 Totsl Net assets 137.142 160,547 Funds Restricted Income funds Unrestricted Funds 224 136,918 159.700 Total Charity Funds 137,142 160,547 Directors, ststements for the period 1" Septsmber 2024_ 315t August 2025 For the perlod 1 It September 2024 _ 31 St August 2025 the company was enttued to exemption from audit under section 477 of lh8 Companies Act 2006 relating to 5malS companies. Diroctors. resFonsibilities: the members have not required the company to oblain an audit of its accounts for the year in question in accordance with section 476., the directors ackr)owledge their responsibilitie5 for complying wilh the requirements of the Act with respect to accounting records and the preparation of accounts" these accounts have been prepared in a(￿rdance with Ihe provisions applicable to companigs subject lo the small companies, regime These financial ststements have been prepared in acLordance with the sp8cial provisions to small CoMpan￿S and with the Financial Reporting Standard for Smaller Enknties (effective January 2007). The financial ststements were approved by the Board on [24 N¢)vember 20251 and signed on its behatf by.. [Jennrfer Mouratsing] Director Page6of8 Old London Road Pre-school Limited Company limited by guarantee Notes to the flnanclal ststemonts for the perlod 1st September 2024 _ 31st August 202S 1. Accounting policies 1.18asis of preparation The accounts have been prepar8d under the historical cost ¢<￿Ven￿on. The accounts have been prepargd in accordan¢e with applicable accoLtnts"ng standards. the Financial Reporting Standard for Smaller Entitses leffeth've April 20081, the Statement of Recommended Practice. "Accounting and Reporting by Charibes", issued ir¢ March 2005 and the Companies Act 2006. 1.2 Incoming resources Fees, donations and grants are acDJunted knwhen receivable. Gbfts and servKxs in kind V•we not material in the period. 1.3 Resources expended All resources are expended in furtherance of the pmv1￿0n of care. educ8t*)n and recTrational fa￿lItIeS for the Pre-school childten. 1.4 Taxation The charity is exempt from corwration tax on its charitable activilies. l.S Fund accounting Unrestricted ftjnds can be used in accordan￿ with the charttable ￿ectiveS al the diwation of the trustees. Reslricled funds can only be used for parti1￿18¥ restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or y￿￿n funds are ￿l$ed for particular restri¢led purpos8$. Further explanation of the naturo and puip030 of èach fund is indud8d in thg noles lo the financial stat&ments. 2. Hertfordshire County Council funding 2025 £214,485 £14,995 £5,054 £80 2024 £167.538 £15,880 £2,551 £1.520 Two, Three and Foul year old funding Ex￿ptIOnal l High Needs Funding Pupil Premium Funding EYPDP Funding Total Funding £234.614 £187.489 3. Investment Income 2025 £1,705 2024 £1,503 Bank interest receivable Total Inveskngnt Income £1,705 £1,503 4. Trustees, ￿Muneration and benellts There were no trustees. remuneratton or other beneffts for the year ended 31st August 2025 or the year ended 31st August 2024. Trustees. expenses Theio were no Iru6tO98' expen008 paid lor Iho year ond8d 31" Augusl 2025 or thè year onded 31st August 2024. Page7of8 Old London Road Pre-school Llmlt•d Company Ilmltod by guaranteg S. Employees The avgragg numbor of employees durlng the pgriod Directors lunpaidl Management and teathing 2025 2024 16 16 Emplo￿8￿1 Costs Wages & Salaries Social Security costs Pension contributions Charity Payroll fees 2025 £229,111 £27,374 £12.495 £1,080 2024 £169.898 £23,164 £21,QQ7 £970 No employees received employee benefits of more than £60,000. 6. Debtors Unpaid inVo￿eS 202S £0 2024 £0 7. Credltors Unpaid invoices 2025 £200 2024 £200 8. Funds Restricted Funds Reslricled funds of £847 were being held 8t the beginning of the year for forest SCI￿1 slaff training. A number of staff completed outdcL)r training during th8 year totaling £623. Movement in Funds Net Movement In funds At 1.924 At 31.8.25 Unrestrid8d Funds Restricted Funds (Training) 159,7C (22.782) {623) 136,918 224 Total Funds 23.405 137.142 Net movement in funds. included sn the above are as follows: Incoming Resources Resources Expended Movement In Funds Unrestricted Funds Restricted FuT￿S 304.121 (326.903) {6231 122.782) {6231 Total Funds 327.526 23.405 Pagè8of8 Old London Road Pre-school Limited Company limited by guarantee Old London Road Pre-school Limited Financial Statements For the period I" September 2024- 31" August 2025 Registered as a company limiknl by Guarnntee ID EDgl*thd & Wales Registered Office: Westwick CottsgG Wests iek Ro*. Hemel He￿P$te#lL Englan(L HP2 4UD Registered No: 7287688 Rtgistered C:harily h'o: 1137573 pa￿ 1 of8 Old London Road Pre4chool Llmlted Company Ilmlt•d by guarant•0 Contents Page Directors, report Profit and loss account Balance sheet Notes to the financtal statements Page2of8 Old London Road Pre-school Limited Company limited by guaranto0 Dlrectorn, rnport for Ihe period 1¥t Septomber 2024- 31•1 August 2025 The directors present their report and the financial stalém8nts for the period 1•1 September 2024- 31" August 2025. Objectives of the Charity The objectiv8s of the Pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by".- Offering appropriate play, education and care facRities training ￿u[s88. together with the right of parents to lake responsibilty for and io become invofved in the ￿tiVItieS of such groups, ensuring Ihat such groups offer opportunities for all children whatever their race. wlture. rel￿40ft, means or ability., Encouraging the study of the needs of such thildren and their families and promoting public interest in and recognition of such needs; Instigating and adhefing to and furthering th6 aims and objects of the Pre-school Leaming Alliance. r. Management The goveming dO￿Jments of Ihe company are its memorandum and articles of association. The management of the chartty is through a comm5ttee of volunteers who are thè d1￿CtOrS of the compary. The day lo day njnning of lh8 tharity is via a team Df paid stsff. The pre-school is a registered charity (1137573) arKI is registered with Otsted (123649). Dlrectors The director5 who setvgd during the year are a5 Stated below:. Amèlia Hodge Jennifer Mouratsing Lisa Gallagher Rachel Horgan Kathryn Kariyawasam Hannah Rimmer Claire Wicks {appointed 4" March 2025) Francesca Bockhart {appointed 28° Marth 2025) Rob Hogg (appointed 22- April 2025) Emily Armstrong (rpsigned 4 Marth 2025) Rosa Stacey (resigned 4 March 20251 None of the directors has any beneflcial interest in the company. All of the Directors are members of the company and guarantee lo contribute £1 irs the event of winding up. Secretary Lucy Good Pag• 3of8 Old London Rodd Prn-school Llmlt•d Company Ilmltsd by guarantee Review of Activities Child numbers were higher than our usual Autumnal enty in September 2023. and a healthy waiting list maintained. The govemmant expansK)n of fundgj childcare to working parents of 2 years olds last April meant mor8 2-year￿Id$ aixessed funded childcare. Some of our families bvere able to take up the offer of using spaces in our nursery year group. which in tum created spaces for us to 8nroll new children that were in need of a presch(K)I place. Our Just Giving page has continued to be a successful and easy way for families to donate to our charity. Our QR code remains on our webstie to encourage families. County council funding conlinued lo make up the majority of fees at our preschool from 3 and 4 year old children, supported 2-year-old families, working 2 year old families and eady years pupil premium. The county cx)uncil funding was greater than last year due to the increase in funding for both universal, 2 year funding and the fundiThJ expansion. Parent fees were 31.1% loM*r than last year due to more families beujming eligible for a child¢are support. Wages were higher than last year because of the 6.7% nabonal minimum wage increase. the higher ratios we n8ed8d for 2 year olds and utillzing slaff ￿Ver when other are training. We war8 ablè to SUCC8ssfully run a number our annual fundraising events such as the Fun day and the sponsored bounce which parents and the community continued to generously support. We used th8 funds raised from our sponsor8d boun￿ lo pur(a)ase outdoor leaming equipment which provides much 6njoym8nl and doveloprnant opportunities for our preschool children. We have also been able to continue to fundraise as partofthe St. Albans district community lottery. The early years pupil premium money that we received enabled us to puichase equipment needed to bridge the gap in their leaming, fund our disadvantaged families to join our preschool trip to Bekonscot Model Village and attend our summar club, providing continuity for these children over the summer break. We continue to support our Ch￿dren with additional needs and have welcomed new children who need extra help and support in the ptesdwxl setting. We vmrk closety v￿th the families and r81gvant professionals to ensure that the best care and support is provided in a number of ways. Our SENCO works with these children lo further support those families children in our care to ensure Ihey reach their potential. Two members of staff ombarked on apprenttceship training to gain level 2 and18vel 5 qualifications. The knowledge gained was cascaded to staff members, improved our provision and has enabled our t6am of staff to have an even better understanding of the requirements of being a practitioner in our setting. We are legally required to prove 'off the job. sludy hours for this. The Directors, extend their thanks to all the preschool staff for their continued dedication, resilience. professionalism and enlhusiasm during this year. Revlew of Flnan¢lal positlon During th8 period the preschool mad8 a loss of £23.405. R888rv8s at the end of the period were £137,142 of which £224 ar6 restricted for funding staff outdoor training. Pag84of8 Old London Road Pre-school Limited Company Ilmited by guarantee Statement of financial activities for the period 151 September 2024- 31" August 2025 Notes 2023 2024 Incomlng Resources InKiming resourc￿ from Oonjtio￿ & 1•94 Donations 272 214 Ineoming resoureès frem ehaiTt•bl• activitt•S Hertfordshire County Council Funding Pre-school Fees 234,614 187,489 59,047 85,764 Fundraisir¥J 8,483 5,312 Inveslment In(x)me 1.705 1.503 Total Incomlng Resources 304,121 280,282 Expenditure EX￿ndItur• on ratsln9 fvnds Fundraising 4.354 2.269 Expenditure on charitable actiNitie% Pre-school operakn'ng costs Pre-school wages Rent 41,473 26,169 270,060 215,039 11,639 10.800 Oth•r Exp•ndttur• Bank charges Total Resources Expended 327,526 254,277 Net Movement in Resources (23,405) 26,005 Reconciliation of Fun(ts Total funds brought forward 160,547 134.542 Totsl funds carrfed Forward 137,142 160,547 Page 5of8 Old London Ro•d Pr•¥•chool Llmlt•d Company Ilmlt•d by guarant•• Balanco sheet a$ at 31•t August Nots8 2025 2024 Totsl Flxed Amet8 Current Assets Sundry Debtors Cash at bank and in hand 137,342 160,747 137,342 160,747 Less Credltors: Amounts falling due within one year 200 200 Net current assets 137,142 160 547 Total assets less current liabilities 137,142 160,$47 Totsl Net assets 137.142 160,547 Funds Restricted Income funds Unrestricted Funds 224 136,918 159.700 Total Charity Funds 137,142 160,547 Directors, ststements for the period 1" Septsmber 2024_ 315t August 2025 For the perlod 1 It September 2024 _ 31 St August 2025 the company was enttued to exemption from audit under section 477 of lh8 Companies Act 2006 relating to 5malS companies. Diroctors. resFonsibilities: the members have not required the company to oblain an audit of its accounts for the year in question in accordance with section 476., the directors ackr)owledge their responsibilitie5 for complying wilh the requirements of the Act with respect to accounting records and the preparation of accounts" these accounts have been prepared in a(￿rdance with Ihe provisions applicable to companigs subject lo the small companies, regime These financial ststements have been prepared in acLordance with the sp8cial provisions to small CoMpan￿S and with the Financial Reporting Standard for Smaller Enknties (effective January 2007). The financial ststements were approved by the Board on [24 N¢)vember 20251 and signed on its behatf by.. [Jennrfer Mouratsing] Director Page6of8 Old London Road Pre-school Limited Company limited by guarantee Notes to the flnanclal ststemonts for the perlod 1st September 2024 _ 31st August 202S 1. Accounting policies 1.18asis of preparation The accounts have been prepar8d under the historical cost ¢<￿Ven￿on. The accounts have been prepargd in accordan¢e with applicable accoLtnts"ng standards. the Financial Reporting Standard for Smaller Entitses leffeth've April 20081, the Statement of Recommended Practice. "Accounting and Reporting by Charibes", issued ir¢ March 2005 and the Companies Act 2006. 1.2 Incoming resources Fees, donations and grants are acDJunted knwhen receivable. Gbfts and servKxs in kind V•we not material in the period. 1.3 Resources expended All resources are expended in furtherance of the pmv1￿0n of care. educ8t*)n and recTrational fa￿lItIeS for the Pre-school childten. 1.4 Taxation The charity is exempt from corwration tax on its charitable activilies. l.S Fund accounting Unrestricted ftjnds can be used in accordan￿ with the charttable ￿ectiveS al the diwation of the trustees. Reslricled funds can only be used for parti1￿18¥ restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or y￿￿n funds are ￿l$ed for particular restri¢led purpos8$. Further explanation of the naturo and puip030 of èach fund is indud8d in thg noles lo the financial stat&ments. 2. Hertfordshire County Council funding 2025 £214,485 £14,995 £5,054 £80 2024 £167.538 £15,880 £2,551 £1.520 Two, Three and Foul year old funding Ex￿ptIOnal l High Needs Funding Pupil Premium Funding EYPDP Funding Total Funding £234.614 £187.489 3. Investment Income 2025 £1,705 2024 £1,503 Bank interest receivable Total Inveskngnt Income £1,705 £1,503 4. Trustees, ￿Muneration and benellts There were no trustees. remuneratton or other beneffts for the year ended 31st August 2025 or the year ended 31st August 2024. Trustees. expenses Theio were no Iru6tO98' expen008 paid lor Iho year ond8d 31" Augusl 2025 or thè year onded 31st August 2024. Page7of8 Old London Road Pre-school Llmlt•d Company Ilmltod by guaranteg S. Employees The avgragg numbor of employees durlng the pgriod Directors lunpaidl Management and teathing 2025 2024 16 16 Emplo￿8￿1 Costs Wages & Salaries Social Security costs Pension contributions Charity Payroll fees 2025 £229,111 £27,374 £12.495 £1,080 2024 £169.898 £23,164 £21,QQ7 £970 No employees received employee benefits of more than £60,000. 6. Debtors Unpaid inVo￿eS 202S £0 2024 £0 7. Credltors Unpaid invoices 2025 £200 2024 £200 8. Funds Restricted Funds Reslricled funds of £847 were being held 8t the beginning of the year for forest SCI￿1 slaff training. A number of staff completed outdcL)r training during th8 year totaling £623. Movement in Funds Net Movement In funds At 1.924 At 31.8.25 Unrestrid8d Funds Restricted Funds (Training) 159,7C (22.782) {623) 136,918 224 Total Funds 23.405 137.142 Net movement in funds. included sn the above are as follows: Incoming Resources Resources Expended Movement In Funds Unrestricted Funds Restricted FuT￿S 304.121 (326.903) {6231 122.782) {6231 Total Funds 327.526 23.405 Pagè8of8 Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trustoosl mambers of OLD LONDON ROAD PRE-SCHOOL LIMITED On accounts for tho year onded 31" August 2025 Charlty no (if any) 1137573 Set out on pages Respective The charty's trustees are responsible for the preparation of the accounts. The responsibilities of charity's twstees consKler that an audit is not required for thi5 year Lsnder section trustees and examiner 144 of the Charities Act 203 1 (the Charities Act) and that an independent examination is needed. 11 is fTly responsibility to". examine the aecounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charty Commission {under section 145(5)Ib} of the Charities Act, and to state whether particular matters have come to my attenbon. Basis of independent My examiTration was carried out in accordance wsth general Directions giiien by the examiner's 8tstement Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also ineludes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees con￿MIng any such matters. The prO￿dureS undertaken do not provide all the evidence that would be required in an audTt, aryd c.onsequently no opiryigp. IE r.ivpn .!E In whpthpr thp Aprni Intg nTp