Trustee Annual Report AGM 

November 2022 

Firstly, I would like to say a massive thank you to everyone on the committee for pulling together and staying strong throughout some extremely tough times this year. Also, a massive thank you to the Preschool Staff for their ongoing hard work and effort on a daily basis to ensure that we can provide the best possible start to education for these young children. 

Since November last year, as a preschool we have encountered a lot both academically and financially. With the cost of living having an impact on all areas we have faced some extremely challenging situations. Alongside this the Preschool has seen an increase in children requiring additional support and as a setting we have been able to get some insight and guidance from our Early Years Consultant. 

Earlier in the year we received some positive news regarding ongoing staff development. Mandy has been signed off and is now a qualified member of the team and has also taken on her Designated Safeguard Lead training. We had Sue join us as a new practitioner in the pre-school and are very fortunate to have her expertise within the team. 

We joined the country in marking the Queens Jubilee and supported Padbury CE School PFA at the Padbury Village Jubilee Fun day, baking cakes for afternoon Tea.  Christmas time saw Father Christmas visit the preschool children and deliver their gifts. Alongside this we ran a tombola stall at the Christmas Tree Festival. 

A go Fund- Me page was created for us to begin fundraising towards a new building and this was highlighted in the local newspaper. 

Weather conditions around March time had an impact on every setting, as we were advised to close due to the adverse weather conditions, however this didn’t stop us from encouraging our children to dress up for World Book Day upon their return. March also saw a Mother’s Day tea party, where parents came for tea and cake. 

Preschool pupils have learnt about Spring and the change in seasons, most notably around Easter time. This is when the Lambs attend the pre-school, and the children were able to interact and feed them. 

Padbury CE School PFA kindly donated enrichment funds to the preschool which was spent on Phonics Fox. The children are enjoying this along with the staff as they learn sounds, letter formation, songs and crafts. 



Preschool children had a visit from Jill Blakely (committee member) but also a local artist who ran a few sessions and made some artwork with the children. They also went on an art trail around the village. 

July saw the sunshine and the return of sports day on the school playground. This was a fun packed morning where all children took part in some races, followed by a picnic lunch and leavers ceremony. 

This academic year has seen the preschool explore the Autumnal weather and host a grandparent day. 

This year we have worked closely with the school PFA to support fundraising events and have been able to offer our space to them for their preloved uniform shop. 

Recently the children have been able to access the local public transport and head into Winslow to do a pumpkin trail and visit the local Fire Station. Teaching the children about independence and modes of transport the staff took them on the Bus Journey. 

With the ever-changing climate and financial situation, we continue to look for support and fundraising ideas. As well as new committee members to bring fresh an inspiring ideas. As a committee we would like to continue to build on the positive relationships we have with both school and the PFA. 



Charity registratlon number 1139219
Company registration numbèr 06668931 (England and Walos)
PADBURY pRE￿CHOOL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2022

PADBURY PRE-SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C A McHenry
Cmmiah
J K Blakey
RABrO￿
Secretary
CAMcHenry
Charity number
1139219
Company number
06568931
Princlpal address
Padbury Pre School Building
Padbury C of E School
Main Street
Padbury
Buckinghamshire
MK18 2AP
Registered office
Padbury Pre School Building
Padbury C of E School
Main Street
Padbury
Buckinghamshire
MK18 2AP
Independent examiner
Ad Val¢fem Accountancy Servtce8 Ltd
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keyne5
Buckinghamshire
MK12 5NN

PADBURY PRE-SCHOOL
CONTENTS
Page
Trustees, report
Independent examinerfs ieport
Statement of financid 8Ctivrties
Balance sheet
Notes to the finan¢ial slalemenls
5-11

PADBURY PRE-SCHOOL
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 AUGUST2022
The trustees present their annual report and financial slal&ments for the year ended 30 August 2022.
The financial statements have been prepared in accordance with the accounting polieies set out in note 1 to the
financial statements and comply with the ch?rilable company's Igoveming documentl, the Companies Act 2006
and Accounting and Reporting by Chanties.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK Republic
of Ireland IFRS 1021" (effective 1 January 20191.
Objectivos and actlvltles
The trustees have paid due ￿gard to guidance issued by the Charity Commission in deciding what activities the
charitable company should undertake.
Achlgvements and performanco
Financial revlgw
The trustees have assessed the major risks to which th& tharilable company is exposed. and are salisfied thal
systems are in place to mitigate exposure to the major risks.
Structure. governance and management
The pr&school operates as a not for profil company Ilimiled by guaranteel regisleled with Companies House
and we hold charitable slalus. Vve employ seven part-time staff and provide services lo many local, 2-5 years old
children. Although we are a company, we are sel up as a committee with a chairperson, treasurer and secretsry
so that there are clear roles for all involved.
The trustees. who aré also the directors for the purposè of company law, and who served durlng the year and up
to the dale of signature of the financial stslements were..
C A McHenry
B A Foord
Cmmiah
J K Blakey
R A Brown
THJelf
S E Dalton
(Resigned 13 June 2022)
(Resigned 13 January 2022)
IR&signed 18 October 20211
None of the trustees has any beneficial interest in the eompany. All of the trustees are members of the company
and guarantee lo conlribute £1 in the event of a winding up.
The trustees. report was approved by the Board of Trusteos.
CA McHenry
Tiustee
Dated.. 12 June 2023

PADBURY PRE4CHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PADBURY PRE-SCHOOL
l Teport to the trustees on my examination of the financial slalemenls of Padbury Pre-S¢hool (the chariiable
company) for the year ended 30 August 2022.
Responsibllitles and basls of report
As the trustees of the charitable company {and also its directors for Ihe purposes of company lawl you are
responsible for the preparation of the financial statements in aecordance with the requirements of the
CompaniesAct 2006 (the 2006 Acti.
Having satisfied myself that the financial statements of the chantable eompany are not required lo be audiled
under Part 16 of the 2006 Act and are eligible for independent examination, I reptsrt in respect of my
examination of the charitable company's financial statements carried out under section 145 of the Chanties A¢1
2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Diiections given by the
Charity Commission under sedion 14515)Ib} of the 2011 Act.
Independent ex8minerf$ statgment
I have completed my examination I confirm that no matters have come lo my attentson in connection with the
examination giving me cause lo believe that in any material respect".
accounting records were not kept in respect of the charitable company as required by section 386 of the
2006 Act,. or
the financial statements rlo not accord with those records.. or
Ihe 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 ITue and fair view which is not a matter considwed as
part of an independent examination,. or
the financkAI statements have not been preparad in aecordance with the m¢thod$ and principles of the
Statement of Recommended Practice for a￿oUntIng and reporting by charities applicable lo charities
preparing their accounts in accordan￿ wth the Finanaal Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no conceins and have come across no other matters in ConneCt￿n wth the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the financial statemeftts to
be reached.
Tom Fool FCA
Honorary Reporb'ng Accountant
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keyn¢s
Buckinghamshire
MK12 5NN
Dated.. 12 June 2023

PADBURY PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FQR THE YEAR ENDED 30 AUGUST 2022
Unrestrictsd Restricted
funds
funds
2022
2022
Total
Unre8tr1¢ted Restrlcted
funds
funds
2021
2021
Totsl
2022
2021
Notes
Income fr
Donations and
legacies
Charitable activities
Other trading
activitses
Investments
4,876
65,478
5.445
10,321
65,478
1,824
58,971
2,199
4,023
58,971
211
211
Total income
70,5e6
5,445
76,011
60,798
2,199
62,997
Ex enditure n..
Charitable activities
77,400
8,081
85,481
67,574
6,860
74,434
Net expendlture for the
yearl
Net rnovement In funds
16.834
12.6361
19.470}
16,776)
14,6611
111,437)
Fund balances at 1
September 2021
17,989
90,363
108,352
24,765
95,024
119.789
Fund balances at 30
August 2022
11,155
87,727
98,882
17,989
90.363
108,352
The ststemenl of financial activities includes all gains and losses recoynised in the year.
All income and expenditure derive from continuing adivrties.
The statement of financial activities also complies with the requirements for an income and expendrture account
under the Companies Act 2006.

PADBURY PRE-SCHOOL
BALANCE SHEET
ASAT30AUGUST2022
2022
2021
Notes
Fixed assets
Tangible assets
10
80.502
85,385
Current assets
Cash al bank and in hand
18.903
23,606
Credltors: amounts falllng due wlthin
one year
11
15231
1639}
Net current assets
18,380
22,967
Total assots less cuffènt Ilablllties
98,882
108,352
Income funds
Restricted funds
Unrestricted funds
12
87,727
11,155
90,363
17,989
98.882
108,352
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 30 August 2022.
The director acknO￿edge$ her responsibilities for complying with the requirements of the Companies Act 2006 with
respect lo accounting records and the preparation of financial ststements.
The members have not required the company lo obtain an audit of ils financial staloments for the year in questlon in
accordance with section 476.
These financial statements have been propared in accordance with the provisions applicable to companies subject
to the small wmpanies regime.
The financial statem8nts were approved by the Trustee5 on 12 June 2023
CA McHenry
Trustee
Company reglstration numb&r 06568931

PADBURY PRE4CHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30AUGUST 2022
Accountlng policles
Charity information
Padbury Pre-school is a private company limited by guarantee incorporated in England and Wales. The
regISte￿d office is Padbury Pre School Building, Padbury C of E School, Main Street, Padbury,
8uckingh8mshire, MK18 2AP, United Kingdom.
1.1 Accounting conventlon
The financial statements have been prepaied in accordance bmth the charitable company's Igoverning
documenti, the Companies Act 2006, FRS 102 'The Finanaal Reporting Standard applieable in the UK and
Republie of Ireland I'FRS 102°) and the Charities SORP "A¢counts'ng and Reporting by Charities." Statement
of Recommended PTacty'¢e applicab￿ lo charities preparing their accounts in &C￿rdanCe with the FIn￿CIal
Reporting Standard applicable In the UK and Republic Of Ireland IFRS 1021" leffeclive 1 January 20191. The
charitable company 18 a Public Benefrt Entity as defined by FRS 102.
The charitable company has tsken advantage of the provisions in the SORP for tharilies not to prerBre
Stslemenl of Cash Flows.
The financial stslemenls are prepared in sterling, which is the funetional cunency of the charitable company.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. Imodified to include the
revaluation of freehold properties and to include investment properties and certain fi'nancial instruments at fair
valuel. The pnnapal a￿OUntIng policies adopted a￿ sel out below.
1.2 Golng concern
These finaneial statements are prepared on the going concem basis. The Iruslees have a reasonab
expectation that the charitable company will continue in operational existence for the foreseeable fjjture. The
Iruslees continue lo adopt the going concern basis of of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherartce of their charitsble
objethves.
Restrieted funds are subject to specific conditions by donots as lo how they may be used. The purpK)$es and
uses of the restricted funds are sel out in the notes to the financial slalemenls.
Endowment funds are subject to spacific wnditions by don¢XS that th& Capital must be maintsined by the
charitable ct)mpany.
1.4 Income
Income is recognised when the charitsble company is legally entitled lo it after any performance conditions
have been met, the amounts can be measured reliably, and rt is probable that income wll be received.
Cash donations are recognis8d on recelpt. Other donations are recognised once the charitable company has
been nolilied of the donatlon. unless performance conditions require deferral of the amount. Income lax
recoverable in relation lo donations received under Gift Aid or deeds of covenant is re￿gniSed at the tsme of
the donation.
Legacies are recognised on receipt or otherwise if the ch8rrtable company has been notified of an ￿npendIng
distribution. the amount is known, and receipt is expected. If the amount is not known, the lega¢y is treated as
a contingent asset.

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30AUGUST 2022
Accounting policies
Icontlnued)
1.6 Expenditure
Expenditure is recognised On￿ there is a legal or conslruclive obligation lo transfer economic benefit lo a
third paty. it is probable that a transfer of economic benefrts will be required in settlement. and the amount of
the obligation can be measured reliably.
Expenditure is Classified by activty. The costs of each adivty are made up of the lolal of dir￿1 costs and
shared costs. including support costs involved in undertaking each activity. Direct costs allributable to a single
actsvity a￿ allocated directly lo that activity. Shared costs whieh contribute to tTr)re than one activity and
support costs which are not attributable lo a single adivity are apw)rtioned between those activities on a baws
¢onsistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreaation tharges are allocated on the portion of the asset's use.
1.8 Tangiblo flxed assèts
Tangible fixed assets a￿ initially measured al eost and subsequently measuied al cosl or valuation, net of
depreciation and any impaimignl losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over Iheir
useful lives on the following bases-.
Freehold land and buildings
Fik#ures and fittings
5% Reducing balance
15% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the differen￿ between the sale
proceeds and the carying value of the asset. and is rewgnised in the statement of financial activities.
1.7 Impaimient of fixed assèts
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets lo
detemiine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists. the recover?ble amount of the asset is estimated in order to determine the extent of the
impairment loss lif anyl.
1.8 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand. deposits held al call wtth banks, other short-lerm liquid
investments wrth original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
8asi¢ flnancial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
Iransaelion price includin9 transaction costs and are subsequently carried at amortised mst using the
effective interest method unless the arrangement conslilutes a financing transaction, where the Ifansaction is
measured al the present value of the future receipts discounted at a market rale of interest. Financial assets
elassified as reoivable within one year are not arnortised.

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 30 AUGUST 2022
Accounting pollcles
Icontlnuedl
Basic financial Ilabilities
Basi¢ financial liabilib"es, including ¢redilors and bank loans are initially recognised at transaction price unless
the arrangement constrtutes a financing transaction, where the debt instrument is measured al the present
value of the frjture payments diseounted al a market rale of interest. Finarrial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently earriod al amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or service5 that have been acquired in the ordinary course of
operations from Sup￿lerS. Amounts payable are classified as current liabilities If payment is due within one
year or less. If not. they are presented as non-currenl li8bililies. Trade creditors are rocognised initially at
tr8nsacb.on price and subsequently measured at amortised cost using the effective interest method.
Derecognitlon of financial liabllities
Financial liabilrties are d&reGognised when the ehaiilable company's contractual obligations expire or are
discharged or can￿lled.
1.9 Retlrement b•neflts
Payments lo defined contribution retirement benefrt schemes are charged as an expense as they fall due.
Donations and legacles
Unre5trlcted Restrlcted
funds
funds
Total Unrestricted
funds
Restricted
ftjnds
Total
2022
2022
2022
2021
2021
2021
Donations and gifts
CJRS grant
Other grants
4.488
5,445
9.933
175
1,649
2,199
2,374
1,649
388
388
4,876
5,445
10.321
1,824
2,199
4.023
Charitable actlvities
Charitable Charttable
Ineome
Income
2022
2021
Sales within charitsble activities
65.478
58,971

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
Other tradlng activities
Unrestrlcted
funds
Total
2022
2021
Fundraising events
211
Investments
Unr•slrlcted Unrestricted
funds
funds
2022
2021
Interest receivable

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30AUGUST2022
Charltsble actlvlties
Charltable Charitablo
Expendlturè Expenditure
2022
2021
Staff costs
Depreciation and impaimenl
Training
Computer and intemet costs
Consumables for children
Rates and water
Insurance
Light arKI heal
Telephone
Premises serviees charge
Repairs and maintenance
Sundries
Printing and stationery
Bank charges
Membership fees
Accountsncy fees
82,062
4,883
2,274
931
1,669
50,663
5.254
931
1,846
479
948
1,453
809
450
5.809
1,520
911
144
175
1,200
1,055
1,718
640
450
4,267
2,933
762
290
150
600
85,468
73.100
Storage cost
Share of govemanee costs Isee note )
1,321
13
13
85,481
74,434
Analy$ls by fund
Unreslricled funds
Restricted funds
77,400
8,081
67,574
6,860
85.481
74,434
Tru$tee$
None of the trustees lor any persons connected wth them) retsived any remuneratron or beneffts from the
charitable company during the year.
Employee5
The average monthly number of employees during the year was..
2022
Numbftr
2021
Number

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
Employoes
Icontinuedl
Employment costs
2022
2021
Wages and salaries
Olher pensi¢Jn costs
60,899
1,163
50,137
526
62,062
50,663
There were no employees whose annual remuneration was more than £60,000.
Taxatlon
The charity is exempt from lax on income and gains falling within section 505 of the Taxes Aet 1988 or section
252 of the Taxalionof Chargeable Gains Act 1992 to the extent that these ar& applied to its charitable objects.
10 Tanglble fixed assets
Freehold land Fixtures
and buildings
fittln9S
Total
Cost
At 1 Septsmber 2021
126,087
15,694
141,781
AI 30 August 2022
126,087
15,694
141.781
Deprgclatlon and Impaimient
At 1 September 2021
Depreciation charged in the year
46,841
3.962
9,555
921
56,396
4,883
At 30 August 2022
50,803
10.476
61,279
Carylng amount
AI 30 August 2022
75,284
5,218
80,502
Al 31 August 2021
79,246
8,139
85.385
11 Creditors: amounts falllng due wlthin one year
2022
2021
other taxation and social security
Other creditors
63
576
279
523
639
10-

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
12 Restrlcted funds
The income ftjnds of the charity include Teslricted ftjnds comprising the followng unexpended balan￿S of
donations and grants held on trust for specrfic purposes".
Movement In funds
Incomlng
Resources
Balancg at
r080ur¢es
expendfjd 1 Septembfrr
2021
Movement in funds
Incomln9
Resources
Èsources
ex￿nded
Balance at
1 SoPtemb&r
2020
Balanc8 at
30 Augu8t
2022
Building
General
94,201
823
190
2,008
(5,254}
11,6051
89,136
1,226
{4,8831
13.198)
84,253
3,473
5,445
95.024
2,198
16,8591
90,363
5,445
18,0811
87,727
13 Analysb of net assets between funds
Unrèstricted Restricted
nds
funds
2022
2022
Total Unrestricted Restrlcted
funds
funds
2021
2021
Total
2022
2021
Fund balances at 30
August 2022 aro
represented by..
Tangible assets
Current asselsllliabililiesl
80,502
7,225
80,502
18.380
11.155
85,385
4,978
85,385
22,967
17,989
11,155
87,727
98,882
17,989
90,363
108,352
14 Related party transactions
There were no disclosable r8laled paty tr8nsa¢h"ons during the year12021 none).
11

Charity registratlon number 1139219
Company registration numbèr 06668931 (England and Walos)
PADBURY pRE￿CHOOL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2022

PADBURY PRE-SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C A McHenry
Cmmiah
J K Blakey
RABrO￿
Secretary
CAMcHenry
Charity number
1139219
Company number
06568931
Princlpal address
Padbury Pre School Building
Padbury C of E School
Main Street
Padbury
Buckinghamshire
MK18 2AP
Registered office
Padbury Pre School Building
Padbury C of E School
Main Street
Padbury
Buckinghamshire
MK18 2AP
Independent examiner
Ad Val¢fem Accountancy Servtce8 Ltd
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keyne5
Buckinghamshire
MK12 5NN

PADBURY PRE-SCHOOL
CONTENTS
Page
Trustees, report
Independent examinerfs ieport
Statement of financid 8Ctivrties
Balance sheet
Notes to the finan¢ial slalemenls
5-11

PADBURY PRE-SCHOOL
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 AUGUST2022
The trustees present their annual report and financial slal&ments for the year ended 30 August 2022.
The financial statements have been prepared in accordance with the accounting polieies set out in note 1 to the
financial statements and comply with the ch?rilable company's Igoveming documentl, the Companies Act 2006
and Accounting and Reporting by Chanties.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK Republic
of Ireland IFRS 1021" (effective 1 January 20191.
Objectivos and actlvltles
The trustees have paid due ￿gard to guidance issued by the Charity Commission in deciding what activities the
charitable company should undertake.
Achlgvements and performanco
Financial revlgw
The trustees have assessed the major risks to which th& tharilable company is exposed. and are salisfied thal
systems are in place to mitigate exposure to the major risks.
Structure. governance and management
The pr&school operates as a not for profil company Ilimiled by guaranteel regisleled with Companies House
and we hold charitable slalus. Vve employ seven part-time staff and provide services lo many local, 2-5 years old
children. Although we are a company, we are sel up as a committee with a chairperson, treasurer and secretsry
so that there are clear roles for all involved.
The trustees. who aré also the directors for the purposè of company law, and who served durlng the year and up
to the dale of signature of the financial stslements were..
C A McHenry
B A Foord
Cmmiah
J K Blakey
R A Brown
THJelf
S E Dalton
(Resigned 13 June 2022)
(Resigned 13 January 2022)
IR&signed 18 October 20211
None of the trustees has any beneficial interest in the eompany. All of the trustees are members of the company
and guarantee lo conlribute £1 in the event of a winding up.
The trustees. report was approved by the Board of Trusteos.
CA McHenry
Tiustee
Dated.. 12 June 2023

PADBURY PRE4CHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PADBURY PRE-SCHOOL
l Teport to the trustees on my examination of the financial slalemenls of Padbury Pre-S¢hool (the chariiable
company) for the year ended 30 August 2022.
Responsibllitles and basls of report
As the trustees of the charitable company {and also its directors for Ihe purposes of company lawl you are
responsible for the preparation of the financial statements in aecordance with the requirements of the
CompaniesAct 2006 (the 2006 Acti.
Having satisfied myself that the financial statements of the chantable eompany are not required lo be audiled
under Part 16 of the 2006 Act and are eligible for independent examination, I reptsrt in respect of my
examination of the charitable company's financial statements carried out under section 145 of the Chanties A¢1
2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Diiections given by the
Charity Commission under sedion 14515)Ib} of the 2011 Act.
Independent ex8minerf$ statgment
I have completed my examination I confirm that no matters have come lo my attentson in connection with the
examination giving me cause lo believe that in any material respect".
accounting records were not kept in respect of the charitable company as required by section 386 of the
2006 Act,. or
the financial statements rlo not accord with those records.. or
Ihe 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 ITue and fair view which is not a matter considwed as
part of an independent examination,. or
the financkAI statements have not been preparad in aecordance with the m¢thod$ and principles of the
Statement of Recommended Practice for a￿oUntIng and reporting by charities applicable lo charities
preparing their accounts in accordan￿ wth the Finanaal Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no conceins and have come across no other matters in ConneCt￿n wth the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the financial statemeftts to
be reached.
Tom Fool FCA
Honorary Reporb'ng Accountant
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keyn¢s
Buckinghamshire
MK12 5NN
Dated.. 12 June 2023

PADBURY PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FQR THE YEAR ENDED 30 AUGUST 2022
Unrestrictsd Restricted
funds
funds
2022
2022
Total
Unre8tr1¢ted Restrlcted
funds
funds
2021
2021
Totsl
2022
2021
Notes
Income fr
Donations and
legacies
Charitable activities
Other trading
activitses
Investments
4,876
65,478
5.445
10,321
65,478
1,824
58,971
2,199
4,023
58,971
211
211
Total income
70,5e6
5,445
76,011
60,798
2,199
62,997
Ex enditure n..
Charitable activities
77,400
8,081
85,481
67,574
6,860
74,434
Net expendlture for the
yearl
Net rnovement In funds
16.834
12.6361
19.470}
16,776)
14,6611
111,437)
Fund balances at 1
September 2021
17,989
90,363
108,352
24,765
95,024
119.789
Fund balances at 30
August 2022
11,155
87,727
98,882
17,989
90.363
108,352
The ststemenl of financial activities includes all gains and losses recoynised in the year.
All income and expenditure derive from continuing adivrties.
The statement of financial activities also complies with the requirements for an income and expendrture account
under the Companies Act 2006.

PADBURY PRE-SCHOOL
BALANCE SHEET
ASAT30AUGUST2022
2022
2021
Notes
Fixed assets
Tangible assets
10
80.502
85,385
Current assets
Cash al bank and in hand
18.903
23,606
Credltors: amounts falllng due wlthin
one year
11
15231
1639}
Net current assets
18,380
22,967
Total assots less cuffènt Ilablllties
98,882
108,352
Income funds
Restricted funds
Unrestricted funds
12
87,727
11,155
90,363
17,989
98.882
108,352
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 30 August 2022.
The director acknO￿edge$ her responsibilities for complying with the requirements of the Companies Act 2006 with
respect lo accounting records and the preparation of financial ststements.
The members have not required the company lo obtain an audit of ils financial staloments for the year in questlon in
accordance with section 476.
These financial statements have been propared in accordance with the provisions applicable to companies subject
to the small wmpanies regime.
The financial statem8nts were approved by the Trustee5 on 12 June 2023
CA McHenry
Trustee
Company reglstration numb&r 06568931

PADBURY PRE4CHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30AUGUST 2022
Accountlng policles
Charity information
Padbury Pre-school is a private company limited by guarantee incorporated in England and Wales. The
regISte￿d office is Padbury Pre School Building, Padbury C of E School, Main Street, Padbury,
8uckingh8mshire, MK18 2AP, United Kingdom.
1.1 Accounting conventlon
The financial statements have been prepaied in accordance bmth the charitable company's Igoverning
documenti, the Companies Act 2006, FRS 102 'The Finanaal Reporting Standard applieable in the UK and
Republie of Ireland I'FRS 102°) and the Charities SORP "A¢counts'ng and Reporting by Charities." Statement
of Recommended PTacty'¢e applicab￿ lo charities preparing their accounts in &C￿rdanCe with the FIn￿CIal
Reporting Standard applicable In the UK and Republic Of Ireland IFRS 1021" leffeclive 1 January 20191. The
charitable company 18 a Public Benefrt Entity as defined by FRS 102.
The charitable company has tsken advantage of the provisions in the SORP for tharilies not to prerBre
Stslemenl of Cash Flows.
The financial stslemenls are prepared in sterling, which is the funetional cunency of the charitable company.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. Imodified to include the
revaluation of freehold properties and to include investment properties and certain fi'nancial instruments at fair
valuel. The pnnapal a￿OUntIng policies adopted a￿ sel out below.
1.2 Golng concern
These finaneial statements are prepared on the going concem basis. The Iruslees have a reasonab
expectation that the charitable company will continue in operational existence for the foreseeable fjjture. The
Iruslees continue lo adopt the going concern basis of of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherartce of their charitsble
objethves.
Restrieted funds are subject to specific conditions by donots as lo how they may be used. The purpK)$es and
uses of the restricted funds are sel out in the notes to the financial slalemenls.
Endowment funds are subject to spacific wnditions by don¢XS that th& Capital must be maintsined by the
charitable ct)mpany.
1.4 Income
Income is recognised when the charitsble company is legally entitled lo it after any performance conditions
have been met, the amounts can be measured reliably, and rt is probable that income wll be received.
Cash donations are recognis8d on recelpt. Other donations are recognised once the charitable company has
been nolilied of the donatlon. unless performance conditions require deferral of the amount. Income lax
recoverable in relation lo donations received under Gift Aid or deeds of covenant is re￿gniSed at the tsme of
the donation.
Legacies are recognised on receipt or otherwise if the ch8rrtable company has been notified of an ￿npendIng
distribution. the amount is known, and receipt is expected. If the amount is not known, the lega¢y is treated as
a contingent asset.

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30AUGUST 2022
Accounting policies
Icontlnued)
1.6 Expenditure
Expenditure is recognised On￿ there is a legal or conslruclive obligation lo transfer economic benefit lo a
third paty. it is probable that a transfer of economic benefrts will be required in settlement. and the amount of
the obligation can be measured reliably.
Expenditure is Classified by activty. The costs of each adivty are made up of the lolal of dir￿1 costs and
shared costs. including support costs involved in undertaking each activity. Direct costs allributable to a single
actsvity a￿ allocated directly lo that activity. Shared costs whieh contribute to tTr)re than one activity and
support costs which are not attributable lo a single adivity are apw)rtioned between those activities on a baws
¢onsistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreaation tharges are allocated on the portion of the asset's use.
1.8 Tangiblo flxed assèts
Tangible fixed assets a￿ initially measured al eost and subsequently measuied al cosl or valuation, net of
depreciation and any impaimignl losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over Iheir
useful lives on the following bases-.
Freehold land and buildings
Fik#ures and fittings
5% Reducing balance
15% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the differen￿ between the sale
proceeds and the carying value of the asset. and is rewgnised in the statement of financial activities.
1.7 Impaimient of fixed assèts
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets lo
detemiine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists. the recover?ble amount of the asset is estimated in order to determine the extent of the
impairment loss lif anyl.
1.8 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand. deposits held al call wtth banks, other short-lerm liquid
investments wrth original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
8asi¢ flnancial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
Iransaelion price includin9 transaction costs and are subsequently carried at amortised mst using the
effective interest method unless the arrangement conslilutes a financing transaction, where the Ifansaction is
measured al the present value of the future receipts discounted at a market rale of interest. Financial assets
elassified as reoivable within one year are not arnortised.

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 30 AUGUST 2022
Accounting pollcles
Icontlnuedl
Basic financial Ilabilities
Basi¢ financial liabilib"es, including ¢redilors and bank loans are initially recognised at transaction price unless
the arrangement constrtutes a financing transaction, where the debt instrument is measured al the present
value of the frjture payments diseounted al a market rale of interest. Finarrial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently earriod al amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or service5 that have been acquired in the ordinary course of
operations from Sup￿lerS. Amounts payable are classified as current liabilities If payment is due within one
year or less. If not. they are presented as non-currenl li8bililies. Trade creditors are rocognised initially at
tr8nsacb.on price and subsequently measured at amortised cost using the effective interest method.
Derecognitlon of financial liabllities
Financial liabilrties are d&reGognised when the ehaiilable company's contractual obligations expire or are
discharged or can￿lled.
1.9 Retlrement b•neflts
Payments lo defined contribution retirement benefrt schemes are charged as an expense as they fall due.
Donations and legacles
Unre5trlcted Restrlcted
funds
funds
Total Unrestricted
funds
Restricted
ftjnds
Total
2022
2022
2022
2021
2021
2021
Donations and gifts
CJRS grant
Other grants
4.488
5,445
9.933
175
1,649
2,199
2,374
1,649
388
388
4,876
5,445
10.321
1,824
2,199
4.023
Charitable actlvities
Charitable Charttable
Ineome
Income
2022
2021
Sales within charitsble activities
65.478
58,971

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
Other tradlng activities
Unrestrlcted
funds
Total
2022
2021
Fundraising events
211
Investments
Unr•slrlcted Unrestricted
funds
funds
2022
2021
Interest receivable

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30AUGUST2022
Charltsble actlvlties
Charltable Charitablo
Expendlturè Expenditure
2022
2021
Staff costs
Depreciation and impaimenl
Training
Computer and intemet costs
Consumables for children
Rates and water
Insurance
Light arKI heal
Telephone
Premises serviees charge
Repairs and maintenance
Sundries
Printing and stationery
Bank charges
Membership fees
Accountsncy fees
82,062
4,883
2,274
931
1,669
50,663
5.254
931
1,846
479
948
1,453
809
450
5.809
1,520
911
144
175
1,200
1,055
1,718
640
450
4,267
2,933
762
290
150
600
85,468
73.100
Storage cost
Share of govemanee costs Isee note )
1,321
13
13
85,481
74,434
Analy$ls by fund
Unreslricled funds
Restricted funds
77,400
8,081
67,574
6,860
85.481
74,434
Tru$tee$
None of the trustees lor any persons connected wth them) retsived any remuneratron or beneffts from the
charitable company during the year.
Employee5
The average monthly number of employees during the year was..
2022
Numbftr
2021
Number

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
Employoes
Icontinuedl
Employment costs
2022
2021
Wages and salaries
Olher pensi¢Jn costs
60,899
1,163
50,137
526
62,062
50,663
There were no employees whose annual remuneration was more than £60,000.
Taxatlon
The charity is exempt from lax on income and gains falling within section 505 of the Taxes Aet 1988 or section
252 of the Taxalionof Chargeable Gains Act 1992 to the extent that these ar& applied to its charitable objects.
10 Tanglble fixed assets
Freehold land Fixtures
and buildings
fittln9S
Total
Cost
At 1 Septsmber 2021
126,087
15,694
141,781
AI 30 August 2022
126,087
15,694
141.781
Deprgclatlon and Impaimient
At 1 September 2021
Depreciation charged in the year
46,841
3.962
9,555
921
56,396
4,883
At 30 August 2022
50,803
10.476
61,279
Carylng amount
AI 30 August 2022
75,284
5,218
80,502
Al 31 August 2021
79,246
8,139
85.385
11 Creditors: amounts falllng due wlthin one year
2022
2021
other taxation and social security
Other creditors
63
576
279
523
639
10-

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 AUGUST 2022
12 Restrlcted funds
The income ftjnds of the charity include Teslricted ftjnds comprising the followng unexpended balan￿S of
donations and grants held on trust for specrfic purposes".
Movement In funds
Incomlng
Resources
Balancg at
r080ur¢es
expendfjd 1 Septembfrr
2021
Movement in funds
Incomln9
Resources
Èsources
ex￿nded
Balance at
1 SoPtemb&r
2020
Balanc8 at
30 Augu8t
2022
Building
General
94,201
823
190
2,008
(5,254}
11,6051
89,136
1,226
{4,8831
13.198)
84,253
3,473
5,445
95.024
2,198
16,8591
90,363
5,445
18,0811
87,727
13 Analysb of net assets between funds
Unrèstricted Restricted
nds
funds
2022
2022
Total Unrestricted Restrlcted
funds
funds
2021
2021
Total
2022
2021
Fund balances at 30
August 2022 aro
represented by..
Tangible assets
Current asselsllliabililiesl
80,502
7,225
80,502
18.380
11.155
85,385
4,978
85,385
22,967
17,989
11,155
87,727
98,882
17,989
90,363
108,352
14 Related party transactions
There were no disclosable r8laled paty tr8nsa¢h"ons during the year12021 none).
11