WILI.AND PRF.-S 1400 FNANCIAL TATEME.Yrs AR ENDED I N VF.MBER20?5 nten R¢fcr¢n¢c and administration dctails 'rrus¢ce$ le)rt Statement of trustees responsibilities Indcp¢nd¢nt cxominoTS rcport Sialemcnt of fJnAncial activili¢s 118lance sheet Notes to the financi&l statemcnts Charity nLimber 1140942 C.omphny number 06629805
wiI.i. ND PRI-._SCFIOOL 1'RIJS'1'1-. I.-S ANNliAI. RI.-PORT I'LAR ENDFD I NOVF..MBLR 902 RFFF.RF.NCL AND ADMINISTRATIOY DE'TAILS Charity narne: Willand Pre-school Re%i51ered Charity P¥umber: 1140942 R¢Kist¢r¢d company number 06629805 Prlnclp#l addresi: gchool Drive (iablcs Road Ik'v()n LX15 2QI. Tru$te¢y'. David Mi llynllrd Yvonnc Ilukcr (Rcsigned August 2025) Jodic Ilocock An)andc ljrine (ApFx)inted Au8U5t 20251 Company i¢¢r¢t4ry David Maynard Independent ¢x*mlner: Mrs M IlutLhin8S Apslcys l.l.P h&rteT¢d Accountants 21 Ilumpton %iTCCt Tiverton Devon I,'X16 6AA B4nkers: IISFIC. pl 29 1.'orL Sir¢¢t Tivcrton Dcvon l-.X16 6NA
WILI.AND PRE-SCIIOOL 'rRLS'fEES ANN AL RLPORT YE.4R IN.DLD I NOVEMBER ?0?5 ONTINUED The TTuslees pre5eiil their report aiid the fillancial 5tatement5 of the ehArity for the year ended l November 2025. The tN5tee5 have &dopted the provi510ll5 ofthe Slement of R¢Lomn)ended Pra¢¢ice (SORPI"Ac¢oun¢ing and Reportin8 by Charitie5" (FRS 102) in preparing the nnUal report and financial sthtement$ of the ¢harity. OIIJF.CTIVb.S AND ACTIVII'IFS Sumrniry of the objt¢t$ ¢Jf the ¢h#rity $¢t out in its go%¢rninR dDtument'. Ihe objects of the l>rc-5chool are lo enhanec thc dcvclopllicnt and cdLicaiion ol'childrcn priniarily und¢r sthtutory school a8c by encoura8in8 parents tts undcTsldnd and provide lor the nc¥ds ofiheir ¢hildr¢n Ihroii8h Commviiity 8roup5. Summary of th¢ 4ctSvltl¢$ in relHtion to ib¢ #bov¢ objectives: The pre•s¢hool is respon8ible for providing pr¢-s¢hool cducaiion and sLrvicLS to childTLn akTcd bLtwccn 2.5 years and 5 year.8 via scssional carc during wc¢kdll>'s for.18 weeks of ihc year. In addili()n thc Sciling provides addilional bcfore 8chool, after school and 5¢hool holiday services to both PTe-5chool and PTimary school ¢hildrcn. W¢ 5cek io fulfil our Dbjective% by.. Offerin8 appropriatc play. cducHtiun And cure facilities and trainin¥ cours¢s, togeth¢r with the right of parcnts to lakc rcsp()N4ibiliiy for ond lo h¢conic involv¢d in ihe activitlC5 of Such 8roiip%, cnsuTin8 that such groups ofyer opportulliiiLS for all cliildr¢n wliai¢v¢T Ilicir race, ¢uliyrc, reli8Lon, nicans or ability; LnctsurA8in8 ihc study of ihc necds of such ¢hildr¢n pnd thcir fhmilics and promoting public inierest in and rtcognition ol. sii¢li ne¢d8: Instigating and adh¥rin8 10 8nd furth¢ring the aim5 #Ad of the Pre.¥chool Learning Allipnce. ACIIIEVF.MENTS AND PF.RfrDRMANCE Summwry of the maln achiov¢ments uf the ch8rlly duTr4n% thc yewr Corttinu&lion of the first class provision of pr¢-5¢hool educationttl rcquircmLmts io the ¢ommvnity. C.105e liaison with th¢ local Primary School tts ensure sm(KJ¢h transition of ¢hildren from pre-school education into PTirNary education. Funher enhan¢ement and dLvelopment of the pre•school environmcnt and equipment. Continued provision of wider care arrangements in¢ludin8 breakfast club, after-school ¢lub gnd holiday club.
WII.LA CHOOL TRU TEES ANNI,'AL REP RT NDID I NOW'EMBLR 2 ICONI'INLLD FINANCIAL REVIEW Fin&nci#l performaDce As ai l Novembcr ?025 Willand PrsChool had a 511rplu5 of £156.382 {•024., £11.7241. Princip] 50urees of fund5 The primary source of I'unds eomes from the government fundin8 of Pr5¢hO01 cducation. which all parents are entitled to Ttceive. Chmrlty's pollty on reserve5 Reserves are maintained SLicli tl)at in the ¢v¢nt of thc pre-school ceasing io exist that 2deqwdte funds are available to make any appropriatc pJymont5 r¢quircd to sta. l.'urther that fiinds arc availablc to address any unexpected cxpenditure which may arisc. SI'RIICI'IJRTr;, GOVLRNANCL AND MANAGTr:MTr:NT Coverning ducum¢'nt: ArljLl¥'s wid Memorandum ol'Association Consti¢utlon: Chariiablt company Truslte selection methndi: Appointed OT14ER 1b¢ tswstees have h&d regard to the Charily Commission guidan¢¢ on public bLn¢fit and believc this is &chieved via th¢ charity's objlIves And aitivities.
WILLAND PRF..SCHOOI. STATEMENT or'iRIJs'i"EE% kE8PON IBII.ITtES The trusie¥'s (who a. al80 dirrLtOT5 of Willand Pre-school for the purposeg of Lompany lawl are responsible for preparing ihe Truste¢s' Annual Report ¢tn(J the linancial 5tatenients in accordance with applicable law and United Kingdom Accounting Sndards (United Kingdom Gencrally Aeeeptcd Accountlll8 Prdctice). Company law requi$ th¢ trustces to prepare fJn&n¢i&l Statements for each financial year. which give a true and fair view of the ststc of affair5 of th¢ chaTltablc Lonipaiiy and of the incomillgr resources and application of resources. including ihe income and expendilure, of tli¢ ¢haritable company for th¢ year. In preparin8 these fjnancial statements. the truste¢5 are requird to.. selec(5Uitable accounting policies and then apply them consis¢ently; observe the mcthod5 and principles in lh¢ (".harirics 8()RI' 201511.'RS 102),. make jud¥eincnt5 and e51imales Llial are r¢Jsonabl¢ and prud¥n¢; 5tat¢ wthcthcr appli¢ablc IJK Accouiiting Siandttrd5 have bccii followed. subject to gny material departures disc105ed and expl&incd in ihc finun¢iul statLmcnts.' prepare tlie financial %tatcm¢nl.s on th¢ going Lonccm basis unless it is inappropriate to pr¢sume that th¢ charitable con)pany will ¢oniiDue in operalion. Thc tTuslees are re5pon5ible for kecpin8 proper accuuniing records ih#¢ dis¥losL 1th rc#sunAhle accurncy at any time the rinancial position ofthL charlb]e CL)mpany and cn&bl¢ them lo ¢nsurL' that thc finan¢iol siaicmenLS comply with the Companics Act 2006. lThcy urc ll150 rc5ponsiblc for 5afeguordin8 thc 8ss¢ts of ihc ¢haritabl¢ company and hence for iaking msonAble steps for thc prtvenlion thnd dctcction of frHud and othcr irre¥ularitl¢5. This rqx)rt has been prcparcd tskin¥ advanta8e orth¢ sm811 ¢omp4nics ¢x¢mption of Scdion 415A of the Companies Aet 2006. lThis report was approved by the boatd of directors #lid trnstees on .. and signed on ils beh41f by.. Simnaturc.. Mr DAvld
ynAnl- Tru¥t¢¢
INDE.PENDF.N'T F.XAMINF.R'S REPORT I.LAND PRE-SCFI I rcport to thc charity tnjstces on my cxamination of tl)e &ceount5 of the company for the year ended l November 2025 which are sct out on pa8es 6 to 12. Re5ponsibilitie8 and bAS15 of report As the charity trustees of the comwdny {and 8150 its ditectors for the purposes ofcon)pany lawl you are responsible for the preparation of the ac¢ounts in Accordance with the requirements of the Companies Act 2006 ('the 2006 Ac('). 14aving satisfied mys¢lf ihat th¢ accounts of the ¢ompatiy 8rc noi r¢quir¢d io be 4udit¢d under ljart 16 ofthe 2006 Act and are eligible for independent exai?iinalioii, l Teport in rc5pecl of niy examination of your company's accounts as carried out under section 145 uf ihe Charitie% A¢1 2011 I'the ?01 l Act'l. In carryinkj oui my examina¢i(>n I hAV¢ followed Ihe Directions given by the C.hÈrity Commission under sectioii 145(5)Ib) of the 201 l Act. Independent examineT'$ 8tg¢¢m¢nt Since thc conipany'.% gross incomc cxcceded £250,000 your ¢xAIMin¢r mu%t bc a mcmber of o body listed in seciion 145 of tliL ?01 l Act. l ¢onfirin thai l ain qualified lo undcrtok¢ ¢hc cxaminotion cOU$¢ l am a mcmbcr ol'"I'hc In$tituic of Chsrtcred Accountant% in l.'ngland and WdlLS, which is one ofthc listed bodtL$. I have completed my examination. I confirm that no m8tter5 have me to my att¢ntion in connection with th¢ exAIMinaiioii Biving me Lau5L lo believe tliat in any malLrial respcci.. accoiinting record8 werL' not kept in respcct of the Company as rcquircd by scction 186 of the 2006 Aet.. or the a¢coiinLs d() not a¥cord with ihosr rccords: ()r Ilie aLcount% do noi ci)Inply will) thc aLLQLinli118 Tcquirenicnis of .4eclioii .196 of ihc 200CI Acl oilier than any requiremeni il)dl the aLiount& ¥ive A 'true and lair view. wliiLI) is nol A Nlallcr con5idcrcd 85 part of an examination.. or the attounts. have not bccn prcpared in accordancc with thc mcthods and principle5 of thc Statement of R¢¢ommcnd¢d l)racticc for a¢counling dnd rcpotlin¥ by chariiic5, applicablc to chhritics prcparin¥ their Accounts in accordan¢¢ with th¢ l inan¢iAI Kcp(>ning Standard appli¢able in th¢ IIK And R¢publi¢ of Ircl&nd {FRS 1021. I have no concerns and h&ve come across no other mattLYs in wnnection wilh the examinaiitsn to which attention should be drjwi in this repon in ord¢r to ¢nable a proper understsnding of the account% to be reachcd. UItD4: Mr5 M Ilutchln%# Ap51ey5 LLP Ch8rt¢r*d Aecountsnt5 Tiv¢rton Devon EX16 6AA Date..
WII.I.ANI) PRI-. SCI1001. s-rAI'fNfF.N'I' 01-' I.'INAN('IAI. AC'.TlVI'rii-:s ORPORATINCJ INCOMF..4N.D EXPENDII'URL ACCOUN YLAEi LNDED I NOVEMBER ?025 2025 2024 -I'otal runds Unrestricted fuiids Incorne froin C.hariiable activities Grnnt income Don81ions Invesiment activities 64?,165 1,500 642,365 1,500 527.799 500 6,467 534.766 6.491 6.50,356 6,491 ()50.-156 Totil income '.xpenditur¢ chritable 8ctivities Govcmanc¢ costs 487,163 6.811 493.974 487.163 495.651 7.-391 503.042 ToiAI expenditure Net income IcxpenditUTe) beforc transfers Transfer betweLn funds Net movements in fund5 I'otal funds brou8ht forwArd 'I'otal funds Carried forwArd 493.974 156,382 156,382 31,724 156.18? 9.$4.061 1 1 10443 156.J82 954.061 1 110443 31.724 922.337 954061
WII.I,AND PRF.-SCHOOL BAL HEET AS AT I NOVLMBER •025 2024 ote FIX assets Tangible fixed asS¢ts Current Sets Debtors C&8h at bank llnd in hand 594,667 60D,104 10 3.367 356,750 36Q,117 527.074 527,074 Creditor5'. amounts fullin¥ du¢ wiihin one y¢ar Net ¥urr¢i)t asslts 6.160 515.776 153.957 Total &ssets less current liabilities 10,443 954.061 Net A55Cts 1 110447 954,061 Fund5 Unrestricted funds Restricted funds ,110,443 954,061 .110.447 954061 For the ycar ended l Noi'einbcr 2025 the company was cniitled 10 cxcmpiion from audit under 5CCtion 477 of ihc Compaiise5 Act 2006 relaliiig lo small con)paiiic5. Dir¢c¢ors' Sponsibl11¢1¢S'. I'lie inembLf5 liave not required thc ¢on)pany to obiain ali &udil of its accounts for dic year in question in a¢cordAIiLL with seition 476. 'lThc dircLlors a¢knc¥wl¥dc their rispoii8ibilili¢s for ¢omplying with ¢h¢ requir¢men¢s of the A¢1 with respect lo accounting rerdS and ih¢ preparation of accounts. 1'hc5c accounts have been prepared in accordance with the provisions applicable to companies subjecl to the sjnall eompartie5' re8irne. 'I'hc financial 5latcmcnt5 wcre approvcd and authoriscd for issue by thc board ofdiTectors on and si¥ned on their behalf by.. . MT David Muynard- Trustee Company regislretion number 06629805 lThe notes tsll pagc5 8 to l ? fomi part of these financial ststem¢nts.
WILLAND PRI-..SC"FIOOI. NO'fi:.s TO TI11.: I.-INANCIAL SI".4'rrMI'.NTS YrAR FNDF.D I NOVF.Mt45--R •a25 Sumrnary of significRnt ACCOUTtting polittes (tt) CeNer*l informRtiun and bAsi5 of prepar8tion Willand Pr¢-S¢hool is a privat¢ ¢ompany lthmited by guarant¢e and dogs not have o share ¢apital. The compAny is a rebylstercd charity in Ln8land within the United Kingdom. In thc event of the chariry b¢ing wound up. Ihe liability in re$pc¢¢ tsfihe guarantce is limite(I to £1 pcr Thernber of the charity. The charity constitutes a public benefit entity as defined by fRS 102. The financiBI statements have been ppared in accordanLe iviih ALLounting and Reportiny by CharitlLS.. StatLment of Rccommendcd PraLtice applieable to chariti¢5 prtpAring their aecoullts in accordance with the Financial ROrtIng Standard applicable in the UK and Republic of ITcland11.'RS 1021 is511cd on 16 July 2014 las updated through lJpdatc Ilulletin I published on 2 I'ebruary ?016). thc C'harities Act ?01 l. the Coiiip&Tiie5 Act ?006 and IIK CJ¢nerdlly Accepted Accountin8 Practice. The financial ststements are prepared on a going conccm basis under the hi.siori¢al ¢081 convcntion. modified to include ¢¢rtAin items at fair valiic. -th¢ financial qlatcmenis arg pr¢sent¢d in st¢rling which is thc fun¢¢ion&l curren¢y of the ch&rity and roiinded to the noare51 L, The si8nificanl aecouniing policies applied in the preparution of these financial sigltemcnts ore set out bclow. Those polieies have bcen consistently applied to All years Psented unless othenvise stated. (b) Unrc5trictcd fuiid5 Are Availablc for u%c #t (lic discretion (>f the irustee8 in furtherance of ilic gencral objectives of IhL cliarity And which havL noi bcen dcsignaicd r(Ir oihcr purposes. (c) Income reco%nition All incoming rewurccs arc included in the 8tat¢mcnt of1.'2n8nciHI Activities (SOFA) when the charity is legally eniiiled to the iniom¥ all¢r any pirfUMne6 conditions havc bccn mcl. Ihc amount Can bc measured r¢liably and it is probable that the income will be received. ror donat10115 to bt reeogiiiscd the charity will l)avc bcen notified of ihe ainounts and th¢ %ettlement date in writin8. If there Arc ¢ondilion% aitAchcd to ili¢ donaiion and this reqiiiTC5 a Icvel of PCTfornianc¢ before eniitlemcnt can be obiain¢xl th¥n tiicoin¢ is dLfLrr¢d until tliose cojiditioiis arc liilly mci or the fuifilmcnt of those condiiions is within th¢ ¢onirol oftlie charily and il is probuble ihai ihLy will bc fulfilled. No amount is includcd in the finAncial statements for volunteer time in line with the SORP IFRS 102). Income from governmenl Dnd othcr wrtls are rEco8ll5sed at fair value when the Charity has cntillemt aftcr any perfomianLe ¢onditions have been mct. it is probablc thai the inLI)m¢ will be ¢$Wed and tlie amoynt ean be measured reliably. If entitlement is not rnct thcn thcsc Anx)unts are d¢f¢rred. It)VC5tm¢nt income is egrned throu8h holdin8 assets for investment purposes. It includes interest. Where it is not pr8¢ti¢&ble to identify investment mana&rcmet]t ¢05ts in¢urred within a scheme with reasonable aCCUTacy the invc5tmtnt incom¢ is retK)rted i)et of these Costs. It 15 included when ihe amouni can be mvdsured reliably. Inierest incom¢ i5 reco8n15ed using thc cffcctive inter¢st m¢thod.
wtt.l.AND PRE-SCHOOL NOTES TO TI IF. FTNANICIAI. S'I'A'I'EMLN'I'S YF.AR F.NDf,D I NOVLMBER 2025 {d) Exp¢Ddituro reeognitio All expenditurc i* a¢couNtcd for on an accrua15 basis and has been ilassified under l)eading% that aggregate all costs relatcd to the eaiegory. Lx.ndltUr¢ is F0¥1Std where ther¢ is a legal or construLtiv¢ obligalion to muke paymentS' to third parties. it is probabl¥ thai the 8LiileJnent will be required and the amount of th¢ obligation Can b¢ measured reliably. li i5 caiegortsed under the following headings: F.xpcndinJrc on charitablc activiiics., and Goveniallcc costs Irrecov¢r4bl¢ VA'f ts charged os an expense against the activity for which expenditure arose. (h) TANgiblc fixed asset5 .1 aii8ibl¢ fix¢d arc sthted at C051 lor deemed cosil or i'aluation less Accumulated depreciation and accumulated imp#irmtnt l()s¥es. c.ost inLludcs costs diwtly ottributdblc ia making thc &5Set capablL of operating as inlended. Depreeiation is providcd on all tangiblL fixcd #5sets. al rat¢s calculated lo wriic ()ITthe c05t, Ics5 estimai¢d rc5idual value, ol'Laih as%Lt on a 5y5tLmatic bll5is ovcr lis ¢xpLYt¥d us¥ful lif¢ #s follows.. OlLe equipmenl 250/0 rcducing h8laii¢c l.urniiurc and cquipimcnt 250/0 Teducittg balancc Computers l year8 qtraighi line No d¢pr¢ciaiion h85 been provided on the ncw buildin play area. porch %LI)d shed in¢ludLkd within frtthold propLtly. Ikl Investments I'urrciil a%%et inv15rments are short term highly liquid inv¢iimcnis are held at fair v8luc. These include cash on deposit and cLsh cquivalcnis with A matUTily of1¢55 Ihan on¢ ycar, Im) Debtorg creditor5 r¢¢¢lv4ble I PMyAblt within one yr Dcbtors and crcditors wi¢h no stated interest ratc and rec¢iv8bl¢ or payable within oftc ycar are record¢d at tr8nsa¢tion price. Any Ios5¢5 arising from impairment are reco8nised in ¢xpenditure. CH5h c.asli aiid casli equival¢nts are basil finanLial 85sc15 aiid in¢lud¢ Lasli in l)And. depos1t hcld at iall with banks, other 5huTt-tenn liquid ii)vestn)¢iitb- With original niaturiiics ofthr¢e month.s or less. and bunk overdrafts. lul Lmployee b¢n¢fil% Ihc chariiy opcrntcs & dcfined contribution plfyn for the b¢ncfJl of its employees. Contributions are expensed as Iliey bccomc payaL)le. (v) TAX I'hc charity is an cxcmpt charity within th¢ Ineaning of 5chcdulc l of the C.liarities Act 2011 and is consideted t pass thc tcsts $¢1 out in Paragraph I Schcdulc 6 1.'inanre Act 2010 and therefore it m¢cts the deftnition of a ¢horitablc coillpany for UK Corporation tax purposes.
10 WIL ND PRF.-SCHOOL NOTES ID 1'FII:' I.'IN.4NC"IAI. %TA'fF.ME-.NTS YF.AR ENDED I NOVEMBLR 2 Charitable a¢t*vities 20?5 'rotal Pre Scliool f¢es Nurscry education gr4nt 201.183 438,98 203,383 438,982 642 365 247,631 280,168 5?7.799 Grant inwme 2025 2024 Ilnrc5trtcted 1,500 1.S(K) 1'ot&l 1,500 rotsl Colle8e Apprcntice 8rant Donation5 202 'rolal 202 Donations 500 R¢sour¢e$ ¢xp¢ndcd Charilpbl¢ Governonce Total Total Wagcs -I'raining costs Rcnt Water ¢harges Lighi And h¢at Insurance Repairs and renewals Consumablc$ and ¢qllipnicnt Clc&ninB and hy8lCnC D¢pr¢¢iation 'Iclephone Priniin& postA8c #nd stationery A¢¢ounlancy Independent examin4tion fee Payroll and bookkeeping Profe55ional fee5 Advertising SubscTiPtion Bank charges Children'5 refreshmeftt School dinners Sundry expen5e5 Outings L05s on disposal of fixed asset 408,110 3.15 1,-500 2,824 6,651 3.570 20,075 5.406 4.902 6,465 1.001 ,610 408.110 356.462 646 1,500 3.673 6.747 1.257 1,500 2.824 6.651 3.570 20.075 5,406 4,902 6,465 1.001 1.610 9.879 4,708 8.175 1,177 1.314 708 1.708 2,118 376 544 522 7.102 13.000 1.929 461 58,886 503 042 1,353 730 2.228 339 730 2.228 339 309 527 1311 7.869 15.500 2,023 509 309 527 38 7,R69 15.500 2,023 509 487 16.3 493 974
WII.1..4ND PRF.-SCHOOI. NO'fFS TOTHF. FINANCIAL 'I-A'FEMENI-S YF.AR F.NDFD I N'OVEMBER 2025 Trustees r¢muneration and rtrimbur5ed expcns¢s 2025 2024 Trustees remuneration Nil l Tustees expenses Nil Wages and 5alario5 2025 024 Wages and salaries Social 8ecurity cost Pension 380,-I 20,981 -5,488 356 462 4011110 Avcra8e numbcr of employc¢s 23 22 Th¢r¢ HTC no employees with omglurn¢nts Hbovc £600QO Fixed assrfs- asset5 U8ed by ¢harity l.uniilure and rrLeliold ()1¢¢ 2025 Ai 2 Novcmber 20?4 Added Scrapped At l November 2025 577.010 160 5Y,625 7.114 1.028 64.1,909 1.028 577,010 160 59.625 644 937 Ai ? Novcmbcr 2024 Charge for thL yLar Ai l Novcmbcr 20*5 156 37,-139 6,310 886 4.1,805 157 Ai l November 20?5 577010 946 594 667 At l Novemb¢r 20?4 577010 804 600 104 10. DcbioTS 2024 Other debtors 3.367 3,367
12 WILLAND PRE-SCIIO NOTES TO TIIE I'.INAN'CIAL S'I",I'I'LMI.NTS YEAR F.NDED I NOVEMBEX ?025 Creditors.. Amoiints falling duc within one year 202S Trade Creditor8 Odier cr¢ditors Accruals and deferred incom¢ 6.550 ?,578 2.170 1,649 2,341 2,170 6,160 12. Related Party Tran5actiot15 There were no relat¢d party transactions during the year.