## **Padbury Pre-school AGM Report November 2023** 

A busy year this year, has seen a change in preschool management. At the beginning of this year we appointed Mandy into the role of preschool manager, who has taken to the role very well. 

Alongside the appointment of a new manager, we have recently had an inspection from OFSTED. We still awaiting the outcome from this. 

I still believe as a setting, we continue to provide a good quality of service to the children of Padbury and the surrounding Villages. To ensure this as a preschool we have opened up our setting further on Friday afternoons. 

I feel we are very fortunate to have valuable practitioners who ensure the children are given a warm and friendly start to the education. Staff have worked hard to manage the changing demands of the preschool as well as the increase of children. 

In order to support our staff and continue to develop our own, we have some members of the team undertaken apprenticeships. 

Preschool has been made more secure this year with repairs made on our perimeter fencing, to ensure the children have a safe outdoor area to play in. 

Preschool website has had an overhaul and is more accessible and user friendly. We thank the support given with IT to Chris Blakey 

This last year seems to feel like COVID is not having such an impact on us as a setting and positively as a preschool we have been able to host our annual events welcoming families back in. 

As a Committee we have seen a few new faces join us, which is always a positive to ensure that fresh ideas and preschool continues to grow. The preschool continues to link closely with the schools PFA, supporting a number of events which has helped us to achieve a significant amount of fundraising. This has been spent on a number of projects mainly supporting the Phonics. 




I would like to take this opportunity to thank all staff and committee members for their continued support in the preschool. Unfortunately, I will be stepping down as chair and  stepping away from the committee to enable me to pursue some of my own personal goals. I look forward to seeing the preschool continue to thrive and wish everyone the best. 

Ricky Brown Padbury Preschool Chair 

Ricky Brown Chairperson for Padbury Pre School Committee 



REGISTERED COMPANY NUM8ER.- 06S68931 {England and Wales)
REGISTERED CHARITY NUMBER: 1139219
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 AUGUST 2023
FOR
PAPBURY PRE4CHOOL
AD35ZR37•
2410￿024
COMPANIES HOUSE
A19

PADBURY PRE4CHOOL
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2023
Page
R•fer•nce and Administrative Detalls I
Report of the Trustees
Independent Examiners Report
Statement of Financlal A¢tiYitles
Balance Sheet
"S to 6
Notes to th• Financial Statements
7 to 12.
Detalled Statement af Financial A¢livities
13. to 14

PADBURY PRE4CHOOL
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENOED 30 AUGUST 2023
TRUSTEES
CAM¢￿ry.
Cmmiah
J K 81akey
A R Bmwn (resigned 1311112W23)
A J Odams lapFwJinted 1411112023}
Z Pear￿ (app￿￿ted 19n120231
E White (appcrf"nted 30110120231
S M Hayward (ap￿DIed 30110120231
REGISTERED OFFICE
Pattbury Pre Sdwl Building
. Padbury C of E Schc
kinghamshire
MK18 2AP
REGISTERED COMPANY
NUMBER
I￿568931 IEnglarKJ aThJ Walesl
REGISTERED CHARITY
NUIfj8ER
1139219
INDEPENDENT EXAMINER"
Ad val0￿￿ Ac(xuntsncy SeNces knmited
.Charteret1 Certified Accountsnts
2 Manor Farm Court
Old Wol¥erttyTr Roal
ad Wol¥ert
. 8ucktr¥Jhamshire
MK12 5NN
Page 1

PADBURY PRE4CHOOL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 AUGUST 2023
The Irustee5 are also d￿ectOrS of the charity for the purpc6es of the Companies Acl 2006. present their .
port W451h the frnan¢ial ststements of tre charity for the year en¢Jed 30 August 2023. The tfuslees have
adopt8d the provisions of AcccyJntr"ng and ReportiThJ by CharitEs.' Statement of Re￿rnmentYed Pradice
applicable to charthes preparing their account5 in ac¢ordance wth the Financial Reporbng Standard
applicable in the UK and Rewblic of ITela'rThJ IFRS 1021 (effecb¥e 1 January 2019).
OBJECTIVES AND ACTIVITIES
Obj¢¢tlvè$ and aim5
The tnJslees have paid due regard lo gu1tjar￿e issued by the Charity Commi5sK)n li dec•Jing %thal activTties
Ihe chanlable company sh¢xdd undertske.
Achievements and performance
Financial review
The trustees have assessed the major risks lo the Charitab￿ company exposed. and a￿ satisfied
that systems are in ￿•ce to M￿"gate eX[￿Sure lo the major risks.
StNctur•.'governancè aftd management
The pre-school cyerates as a rw)E for wofrt company Uimiled by ￿arantee) register&J Comparwes Hous"e
. and we hold charitable status. We employ seven part-time staff and provKJe services lo many local, 2-5 ￿arS
dd Child￿n. Athough we a￿ a company. we are set up as a ¢¢xnmiitee a ¢hairperson. treasurer and
secretary so that there are dear rdes for all invdved.
STRUCTURE. GOVERNANCE AIID hlANAGEMENT
Goveming do¢um•nf
The charity is controlled by its goveming documenl, a deed of Injsl. arKI consbttjtes a limited (xthpany. linvted
by guafantee, as deffine¢J by the Companiés Act 2￿.
The Injslees, who are 8Lw the di￿¢1015 for the purF4)se of company law. anQ who served during the year and
up to the date of signature ol the finallaal slatements were..
C A mc￿nry
Cmmiah
JK Blakey
A R Br¢)wn (resigned 1311112023}
A J Oijams (appointed t411112023)
Z Pearce (appointed 1911120231
E White (appointed 30110r20231
S M Hayward (appointed 3011012023)
This report has been prepared in accordan￿ with the speaal proV￿10n$ of Part 15 of Ihe Companies Act
2006 relating lo small companies.
Approved by order of the board'of trustees on 15 May 2024 arKI signed on its behalf by:
C A Mchenry- Tnjslee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
PADBURY PRESCHOOL
Independent examinefs report lo th¢ trustees ol Padbury Pre&hool (Ihe Company.)
I report to the charty trustees on my examinab'on of the accounts of the Company for the year ended
30 Augusl 2023
Responslbllltles and basls of report
As the charity's trustees of the Company land also rts direct¢)rs for the purFoses of company lawl you are
responsible for the preParats￿ of the xcounts wi xcc¥dance wrth the requirements of the Companies Act.
20061.the 2006 Act.).
Havin9'&*Isf￿d mysdf that the aco)unts of the Company are not requir& to be audrted under Part 16 of the
2006 Act and are eligibk lor independent examiTratp?n, I rep)rt in respect of my examinatr)n of your. charity's
accounts as Carr￿ out under sects.on 145 of the Chant￿$ kt 2011 (Ihe 2011 Ael,). In carrying Out my
examination I haye followed the 0irects.ons given by the Charity Commission undeT Section 145(51 Ib) of th8
2011
Independent examinerfs statement
I h'ave Com￿eted my examination. I confirm that ￿ matters have corne to my attention in connection wikn the.
examination giving me cause to belwe..
accounting recorts were not kept in respect of Company as required by Se¢lion 386 of Ihe 2006
Act", or
the aeeounts do not accord those records,. or
the attounls do not comply bvith the accounting requirements ol Secti￿7 3￿ of the 2006 Ad other
than any requirement that the accounts give a true and fir view whth is not a matter considered as
part of an independent examination.. or
the accounts have not been prepared fft ¥¢ordance wiiti the n7ell￿d$ and principles of the Statement
of Recommended Practice for ae¢ounts"ng and reporting by charth.es {applicable lo charrties preparing
their accounts In ae¢ordance wrth the Financial Reporbng Standard applicable in the UK and Republic
of Ireland (FRS 102)).
l .have no concerns and have come across no olher matters Hi eonnection with the examinattrjn to which
attenlion shiyjld fje drawn in this report in to enable a proper understanding of the a¢¢ounts to be
reached.
Tom Foot FCA
Ad Valorem Accountancy Serwces Limited
Chartered Certffied Accoijnlants
2 Manor Farm Court
Old Wolverton Ro
Old Wolverton
Buckinghamshife
MK12 5NN
15 May 2024
Page 3

PAD8URY PRE4CHOOL
STATEMENT OF FINANCIAL ACTivmES
FOR THE YEAR ENDED 30 AUGUST 2023
Period
119121
to
3018122
Year Ended
3018123
Total
funds
fufid
fund
Notes
INCOME AND ENDOWMENTS FROIA
Donations and I￿aoeS
1.979
9.801
10.321
Charitable a¢li￿lieS
Investment income
80.316
15
575
80,891
65.689
Total
88.153
2.561
90.714
76.011
EXPENDITURE 011
Charltablo activities
Charitable expenditure '
86.610
7.824
94.434
85.481
NET INCOMEI(EXPENDrruREI
1.543
(5.2631
(3.7201
(9.470)
RECONCILIATION OF FUNDS
Total funds brought forwdrd
71,15S
87.727
108.352
TOTAL FUNDS CARRIED FORWARD
12.698
95.162
98.882
The notes fom part of these financial statements
Page 4

PADBURY PRE4CHOOL
BALANCE SHEET
20 AUGUST 2023
2023
2022
Total
l¥nd
lunds
FIXED ASs￿s
Tangible assets
10
75.955
75.955
80,502
CURRENT ASSETS
Debtors
Cash a bank aThJ in hand
11
14.047
6.509
20,556
I8.￿3
14.255
20.764
18.903
CREDI,TORS
. Affiounts falling due within one year
12
.(1.557)
11.5571
1523}
NEf CURRENT ￿SETs
11698
19.207
18.380
TOTAL ASSETS LESS CURRENT
UA81UTIES
12.698.
82.464
95.162
98.882
NET ASSErs
12.698
82.464
95.162
98.882
F.UNDS
Unreslricled funds
Restricted funds
13
12,698
11.155
87.727
TOTAL FUNDS
95,162
98.882
Thè charitable Company i8 entilled to exempfj"(￿ from a￿lIt under Seclkm 477 of the Crxmpanies Act 2CQ6 for
Ihe year ended 30 August 2023.
The members have not requireo tre ¢ompanyto obtsin an a￿lIt of rts fina￿la1 statements for the year end8d
. 30 August 2023 in ac￿rdanCe with Seclion 476 of the Companies Act 2006.
The Iruslee5 ackrK)wledge their responsibilitie5 for
lal
ensuring that the tharitabte cofflpany keeps accountmig rKords th* ry)mply Wiorts 386 and 387
of the Companies Act 2006 and
Ibl preparing finanual slatements vthi¢h give a true and fair view of Ihe Stale of affairs of the charrtable
company as at the end of each financial sear and ol its SLtrplus C￿ der￿t for each financial year in
aceordance Mth the requirement5 01 Seclions 394 and 395 and which olherwse ￿Mpty with the
fequiremenls of the Companies Act 2￿6 rdaling to finawl sfalements. so far as applicat￿e to the
charitsble company.
The notes fwn part of these finanoal slatements
Page 5
' continued...

PADBURY PRE4CHOOL
BALANCE SHEET . continued
30 AUGUST 2023
These fin8nci81 statements have been prepared in ac£ordan￿"With Ihe pro¥is¥)ns applKable to char41able
Companies subject lo the small ct)mpani¢s regime.
The f￿ancial slatements were approved ty the Board of Trustees and aUth￿Sed for issue on 15 May" 2024
and were signed on its behalf b
C A Mclwiry. Tntstee
The notes form part of Ihese financk41 statements
Page 6

PADBURY PRE4CHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2023
ACCOUNTING POLICIES
BASIS OF PREPARING THE FIIIANCIAL STATEMENTS
The financial statements of the ¢hanfable o)mpany, which Is a wblic benefft enlity under FRS 102.
have been prepared in af£ofOan￿ wilh the charib.es SORP (FRS 1021 'Ac(x)untrThJ and Reportiry by
Charities". Statement of Recommended Praclice applicable to charities preparing their accoun15 in
accordance with the Financi￿ Reporb"ng Standard applicatle in the UK and Republic of Ireland IFRS
102} (effective 1 January 20191,, Financial Rew)r￿"n9 Slandard 102 The Financial Reporlbng Standard
applicable in the UK and Republ￿ of Ireland. and the Companies Act 2C*)6. The finanual slatemenÈs
have been prepared urKler the htstori¢21 cost convenfion.
INCOME
l intxme is recojnised in the Statemenl of Financial ilctsvities once the charity has entl￿ement to Ihe
funtjs. it is probable Ihal the income will be received and the amounl ¢3n be measured relrdbly.
EXPENDITURE
Liabilities are rec4>Jnised as expenditure as so)n a5 Ihere is a legal or oxjnstructi¥e oblKJation
mmitting the charity io th81 experKliture. rt ts probable that a transfer of e(x)nOM￿ benefits will be
required in setuement and Ihe amount of the obligation can be measured reliably. Expendi￿re is
acwunted for on an accnJals basis and has teen dassTfied under headings that aggregale all cost
related to the 12legory. Where costs cannol i* th"rectly altributed lo.part￿lar headings they have been '
allocated to activities on a basis consislent the use of ￿soUrces.
TANGIBLE FIXED ASSETS
0epreciab.on is provid￿ at the follovmg anThJal rates fft order to write off each asset 0￿1 its estimated
useful life.
Freehold property
Fixtures and r￿Ing5
5% on reducing balance
15% on ￿U¢l￿9 balance
TAXATION
The charity exempt from c￿[K)ratiOn tax on its charita￿e adimb'es.
FLIND ACCOUNTING
Unreslricled funds can be used n a¢¢(￿dan0 vAth Ihe th*itsble ot¥￿"ve$ at the discretion of the
trustees.
Re51ricled funds can only be used for particular restricied puooses within the obj.ects of the charity.
Restrictions arise ￿en specffied by the d￿or or vthen furK1s are raised for parb¢ular restricted
purF¢)ses.
Further ex￿an8t￿ft of the nature and purr*)se of each fund is irtluded in the notes to the financtal
statements.
PENSION COSTS AND OTHER POsT-￿IREMENT BENEFITS
The charita￿e company operates a defined ¢onlribub"on kwsion scheme. COntribL￿OnS payable to th¢
charitable conjpanls pension scheme. are charged to the Slatement of Financial ACtiv￿e5 in the
pefKJd to vknich Ihey relate.
Page 7
continued...

PADBURY PRE4CHOOL
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 30 AUGUST 2023
. DONATIONS AND LEGACIES
Period
1t9121
to
3018122
Year Ended
3018123
Oonalions
Other grants '
9.801
9.933
9.801
10.321
CHARITABLE ACTivmES
Perfod
11912t
to
3018122
Year End¢d
3018123
Fundraising ev8nts
Fee income
611
80.280
211
65,478
80.891
65,689
INVESTMENT INCOME
Period
119121
to
3018122
Year Ended
3WW23
Other interest receivable
22
CTrIARrrABLE ACTIVITIES COSTS
otrect
pport
Totsf6
Charitable expeThJitLwe
84,687
9,747
94.434
NET INCOMEI(EXPENDITURE)
Nel incomel(expen¢Jiture} ts ststed after chargiryl(uediting):
Period
119121
to
3018122
Year Ended
3018123
Depreciation- owned assets
4.547
4.883
Page 8
continued...

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2023
TRUSTEES. REMUNERATION BENEFITS
There We￿ no trusiees. remureration or other trenefits for the year ende(130 August 2023 nor for the
pertod ended 30 August 2022.
TRUSTEES. EXPENSES
There were no trustees. expenses paid fty the ended 30 AugLFSt 2023 nor for the perKxl ended
30 August 2022.
STAFF COSTS
Period
f19121
*0
3018￿2
.Y&w Ended
3018123
Wag8s and salaries
so￿al security eosls
Other pension ¢xsts
65.951
1.326
7.010
60.899
1.163
1.669
74.287
63.731
. The average monthly number of employees durirwJ the year vras as folh)V*S.'
Pertod
119121
to
Year Ended .
3018123
Employees
No empl.oyees received emoluments excess of £W.000.
COMPARATIVES FOR THE STATEME14T OF FINANCIAL ACTMTIES
Total
funds
nd
INCOME ANO ENDOWhlENTS FROM
Donations and legaoes
4.876
5.445
10.321
Charitable actiwties
Inveslmenl income
65.689
Total
70.
5.445
76,011
EXPENDITURE ON
Charitablè activlties
Chantsblè expendlture
8,081
85.481
NET INCOMEI(EXPENDITURE)
(6.834)
(2,6361
(9.470>
RECONCILIATION OF FUNDS
Totsl funds broU￿t forward
17.989
90.363
108,352
Page 9
continued.-

PADBURY PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDEO 30 AUGUST 2023
COhlPARATIVES FOR TrFE STATEMENT OF FINANCIAL ACTNITIES- continued
Totsl
fvnds
fund
fijnd
TOTAL FUNDS CARRIED FORWARD .
11,155
87,727
98.882
f,0. TANGIBLE FIXED ASSETS
FrnelMld
and
Tot•Fs
COST
At 31 Augusl 2022 ar￿ 30 August 2023
126.087
15.694
141.781
DEPRECIATION
At 31 August 2022
Charge for year
50,803
3.764
10.476
783
61.279
4.547
At 30 August 2023
54.567
11,259
65.826
14Er BOOK VALUE
At 30 August 2023
71.520
4.435
75,955
AI 30 August 2022
75.284
5.218
80.502
11. DE8TORS: AMOUNTS FALLING OUE WITHIN ONE YEAR
2023
2022
Other debtors
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Sccial security and other laxe5
Other creditors
' A￿rualS and deferred income
574
233
750
244
279
1.557
523
Page 10
conlinued...

PADBURY PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2023
13. .MOVEMENT IN FUNDS
At 3118rdz
funds
30Af23
Unrestricted funds
Unrestricted lunds
11,155
1.543
12.698
Reslrlcted funds
Restricted funds
87.727
(5.2631
82.464
TOTAL FUNDS
(3,720>
95.162
Net movement in fvnds. 1ndL￿d in the ab(y4e are as folkxvs..
coming
Resourte¥
MovpmeTrt
infunds
Unrestricted funds
Unrestricle(J funds
88.153
{￿.610>
1,543
Re$tri¢t•d funds
Restricted funds
17.824)
(5.263)
TOTAL FUNDS
90.714
{94.434)
(3,7201
Comparatives for movement in funds
inlund5
AI 30rn122 .
Unrestricted funds
Unrestricted funds
17.989
16.834)
11.155
Restricted funds
Reslricte¢J funds
9).363
(2.636)
87.727
TOTAL FUNDS
108.352
(9.470)
98.882
Page 11
continued...

PADBURY.pRE￿cmO0L
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENOED 30 AUGUST 2023
13.
MOVEMENT IN FUNDS • continued
comparat.ve nel movement in fvnds, i￿lu¢je￿ in Ihe above are as fdlow>.
infunds
Unrestricted funds
unrestn.cled fvnds
(77.400}
(6,8341
. Restricted fvnds
Restricted fvnds
5.445
18.081)
{2.636}
TOTAL FUNDS
76.011
{85,481)
{9,470}
14. RELATED PARTY DISCLOSURES
e￿ were no rdated party Ir8ns8cbons for ihe year 30 August 2023.
Page 12

PADBURY.PRESCHOOL
DETAILED STATEMENT OF FINANCIAL A¢￿V￿lEs
FOR THE YEAR ENDED 30 AUGUST 2023
Period
2021
to
3018122
Year Ended
3018123
INCOklE ANO ENDOWMENTS
Oanations and legacies
Qonations
Othei grants
9.801
9.933
388
9.801
10,321
Charltable actlvtt5es
Fundraising evenls
F* income
611
80,280
211
65.478
.891
65.689
Investment incorrie
Other interest receivable
Tolal Sncomlng resources
),714
76.011
EXPENDITURE
Charitable activities
Vvages
Pension
Consumables for chiklren
Rates and water
Computer and internet cost5
Light and heat
Telephone
Postage and slationery
SeNce charge
Sundries
Depreciatton of langible fixed assels
65.951
1.326
7.010
1,308
450
2.159
993
150
600
193
4.547
60,899
1.163
1.669
931
1,718
640
762
450
2.934
4.883
84.687
76.833
Support costs
Other
Training
Mernbetship fees
Repairs and maintenance
Insuran
Bank tharges
.2,192
550
4.255
1.112
275
2.273
150
4.267
1,055
2￿
8.035
This page does not fonn part of the statutory financial statements
Page 13

PADBURY PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES"
FOR THE YEAR ENDED 30 AUGUST %)23
Period
2021
Year Ended
3018123
3018122
Other
Governan¢e ¢osts
Share of go¥emance costs
Accountancy and legal fees
13
1.350
13
600
1.363
613
Tolal r9sources expended
.434
85,481
Net expenditu
(3.7201
{9.470)
This page does not fom part of the stalutory financial statements
Page 14

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
PADBURY PRE-SCHOOL
Independent examinerfs report to the trustees of Padbury Pro-Sch¢)ol {'the Company'l
I report to the charity Iruslees on my examinats.on of the account5 of the Company for the year ended
30 August 2023.
Re$ponslbiliti8s and basis of report
As the charity's Iruslees of the Company land also ils directors for the purposes of company lawl you are
responsible for the preparab'on of the accounts in accordance with the requirements of the Companies Act
20061.lhe 2006 Act.).
Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of yOLtr charity's
accounts as carried out under Secth'on 145 of the Chanties Act 2011 I'the 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the
2011 Act.
Independent examinels statement
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the actounts do not accord with those records," or
the accounts do not comply with the accounting requirements of Section 396 of the 20C6 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examinats"on-, or
the accounts have not been prepared in accordan￿ with the meth¢)ds and principles of the Statement
of Recommended Pracb'¢e for accounting and reporting by charities lapplicable to charrf(ies preparing
their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republi¢
of Ireland IFRS 102)).
I have no ￿ncernS and have come across no other mall•rs in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Tom Foot FCA
Ad Valorem Accountancy Setvices Limited
Chartered Certlfied Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN
15 May 2024
Page 3