Registered number.. 07140529 BUThSBURY PRE-SCHOOL DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 F J Gothard111 F J Gotharf & Co Ltd 35 Colchester Road West Mersea C05 8RP Buttsbury Prn-school Pag• Comp)ny Infomatlon Dlrectors, Report Income and Expendlture Attount 8alance Sheet Note5 to the Flnonclal Statements The foljowlng pages do nrt form part of the statutory xcounts: Detalled Ittom• and Expendlbjre Account Buttsbury Pre-school Company Information For The Year Ended 30 June 2025 Dlwectors Nrs Stephanie Smith Ms Freyja Ginn Company Numb•r 07140529 R•9l*t•r•d Offk• Blllerfjcay Essex CM12 ONX F J Gothard & Co Ltd 35 Colthester Road Essex COS 8RP l¥ge I Buttsbury PTrSchDoI Company No. 07140529 Directors. Report For The Year Ended 30 June 2025 The dlrectors present thelr report and the flnandal statements for the year ended 30 June 2025. Dlr•¢tov• The dlrettors who hdd offlce durlng the yearwere as folows: Mr5 Stephanle Smoth Ms Fre￿8 Ginn Ststement of OireLtors' R￿POnsibl•l*l•S Tr* dlrectors ar* r•sponslbl• for pr*partn9 the Dlr•ctors' Report and th• finandal ststem•nts In accordan￿ wlth opplkable law and regulatlons. Cornpjny requlres the dlrectws tr* prepare flnandal staternents for each flnjnclol year. UrKltr that law the dlrectors hav• elected to prepare the nnanclal statements In accorfantt wlth Unlted Kln9dom Genertlty Acttpted Accountyng Prartlce Iunited Klngdom Accounting Standards and appllcable lawl. Under company law the d1￿CtorS rnu5t not approve the fln4n¢lal statements unless they are satisfied that they give a twe and fair View of the state of Jffvirs of the ￿MpanY and of the surplus or defltlt of the company for that perlod. In preparfn9 the tlnancjal statements the dlfectors are requlred to: select sultable aceountlng polldes an¢J then apply them conslstentty,. moke judgments and accoun￿ng e5tlm•tes that are r¢Jsonable Jnd prvdert. prepare the financlal statements on the goln9 conc*m basis unless It ks Inappropdate to presume that the company wlll con¥nue In buslness. The dlrettors are r•sponslble for keeplng 4d¥u•te act(￿ntIN￿ rettrds that are suffldent to show and exFlaln the comwny's transactlons and dlscbse vlth ￿asonable accurJcy at any tlme the flnandal posltyon of the company and enable thern to ensure thjt the finJnciJl statements cofflply with the Comwnie5 Art 2006. They are a150 responsible for safesuarding the assets of the company and hence far taWnq reasonable step$ for the preventlan and detectyon of fraud and (ther Irregularftles. The dlrectors are responslble for the malntenjnce and Integrlty of the cwporats and finandjl Informatbon Included on the company's webslte. Leg151atl¢)n In the Untted Klngdom governln9 the Pre￿ratIon •nd dlssemlnatlon of flnèrKlal statements may dlffer from leglslatlon In ¢)ther Jurlsdlrtlons. Sm•ll C•mp•fiy R¥l•• Thls report has been prepared In accordarKe wlth the specl)I provI￿OnS relaiing to cfjmpanles subjett to the Small companles reglme wlthln Part IS of the Companle5 Art 2006. On behjif of the bo4 Ms FreyJa Glnn Dlrettor 0510912025 Page 2 Buitsbury Pre-school Income and Expendlture Account For The Year Ended 30 June 2025 2025 2024 TURNOVER Cost of sales 293,705 (280.336} 291,847 {254,757} GROSS SURPLUS 13,369 37,090 Admlnlstratlve eKFensts (i) {ii OPERATIMG SURPLUS AND SURPLUS FOR THE FINAMCIAL YEAR 13.368 37,089 The not•s on pw 5 ftym part of these flnanclal stat•nents. Buttsbury Pre-school Balance Sheet As At 30 June 2025 2025 2024 CURRENT ASSETS Debtors Cash at bbnk and In h)nd 952 306.109 960 298.659 307,061 299,6L9 Credltorn: Amounts F•lllD9 Du• Wfthln On• Y￿r 112.793) {18,720> 14rr CURRENT ASSETS (LIABIUTZES) 294,268 280,899 TOTAL AsseTS LESS CURRENT LIABILtTIES 294,268 280,899 MET ASSeTS 294,268 280,899 REseRVES Other reserves 294.268 280,899 MEMBERS, FUNDS 294.268 280,699 For the year eftdlng 30 June 2025 the cOMp￿Y w•s tntitltd to éxempuw Ir(rfn Judlt urhjer settlon 477 of the Companles Act 2006 relatln9 to small compan*s. The members have n¢t requlred the company tt¥ oitsln On •ud* In accordonce wlth secuon 476 01 the Ctynpanlès Att 2006. The dlr•¢tors )¢knowledge thelr re5Fwlbllltles for ¢¢KnptylrvJ wlth the requlrements of the Art wSth rnsp¢tt to xcountln9 records and the preparntlon of accounts. These accounts hav• b••n pr•pared In xcorn1an￿ wlth th• w0￿￿onS •pplk•ble to tompanl•s subject to the small companle5 reglrne. On behalf of th• board Ms Freyja Glnn Dlrertor 051091202S The notes on page 5 form part of finarKlal $￿t￿￿ts. dge4 Buttsbury Pre-school Notes to the Flnanclal Statements For The Year Ended 30 June 2025 l. G￿ernI Information Buttsbury Pre-5ehool Is a prfvate company, Ilmlted by guarantee. Incorp(¥ated In Eryjand & Wales. reglstered number 07140529. The registered office 15 Perry Street, Billericay. Essex, CM12 ONX. 2. Ac of p•rnon Iiy body) enthl•d to appoint trustee lff #n Tru•t•• nam• offi￿ lff •w) Dat•* •¢t•d If not f•rwhol• year Stephanie Smith Freyia Ginn Eloise Reilty Gemma Foulser Chairperson Treasurer 10.06.2022- 7.06.2024- Se￿lary TN$tee 09.06.2023- 7.06.2024- Alexia Garrya G￿￿a Trustee 7.06.2024- Corporate trustees- names d the direclor5 at ttle date the report vras aNxov*J Ste hanie Smith Eloise Reill a Ginn Gemm8 Foulser Alexia Garcia Garcia 10.06.2022 - 09.06.2023- 07.06.2024- 07.06.2024 - 07.06.2024 - Funds held as custodian trustees on behalf of others Description of the assets held in this capacity N8me and obj8Cts of the charlty on whos8 b8haK th8 assets aré h8ld and how this falls within the custodian charit 'sob ects Detai18 of arrangements for safe custody and segregation of such assets from the chari s own assets None NIA NIA Addluonal Informatlon (optlonal) Nam08 and addM88•8 of advlMr8 (opllonal Inf0m￿lOn) of adv18•r Indopond•nt Audllor Nam• FelicAty Gothard Addr•88 35 Colchester Road, West MeTre8, Essex, C05 8RP Name of chld •x•cutlv• or Mm•8 of 8•nlor staff membN8 (optlonal Inforniation) Exemptlons from dlsclosure Reason for non-disclosure of ke rsonnel details Declarations Tho company has takon advantage of tho small ¢ompanles' •x•mption In preparlng the report abovo. Th• trustees declarn that th•y hav• approv•d th• trusts•s' roport (including dlrectm. rnport) above. 51gned on bohalf of tho charW8 trusteesldir•ctorn Slgnaturg($) Full namo18) F££q3A G-I r+J fsj Trna8ur•r Posltlon Chalr 19(912olS 8uttsbu Rosgrves and Invoslment Poli Statomont of Int•nt Buttsbury Pr&school Is 8 noTrprofit maklrKJ charty and exists to provide your thlld with a happy, secure and educational stsrt in their lives. The trustees and staff work together lo ensure that the Pre-school is run as efficiently as possible, and any surplus funds ar8 sp8nt on fa¢ililie$ and equipment for the children or invested wisely. However, in accordance with The Chanty Commlsslon regulatlons, thls pollcy details how much Buttsbury Pre-school keeps in resenies and investrn8nts and why. Rlsk As8•ssm•nt The rlsk for Buttsbury Pr&8chool can be summarised as 8 risk to future income due to Govemment fundlng changes. falling child numbers on roll or delays in rec8iPt of grant fundirvJ. Other ri8k factors to tske into consideralion are." Extr8m8 emergencies such as urgent maintenance issues. Possible redundancies due to drop in income and falllng pupll numbers. The pre-sch¢JoI's cap8clty to manage in year bud98t txessures. The adequacy of insurance arrangements. The Impact of major Unfores￿ events. Following 8 dis¢u$sion with our Accountanl in October 2024, the trustees of Buttsbury Prg-s¢h¢)ol have decided to retain sufficlent reserves to Cover at18ast 6 months runnlng Ca￿ts, at all tlm8s, for any unforeseen circumstance which may require the pre-sthwl to dose. This amount is ¢alculal8d by taking 6 month average from our yearly exp8nditur8. Any monies treld in exc*ss of 6 months runnlng costs wlll b8 Invested as detailed below. Our Finance Officer will monitor our ino)me and 8xpendtture on a weakly basis and bud9et infomiation monthly to ensure our funds remain sufficlent to malntaln the required lev81 of resepies. Our Buslne&8 Manager will liaise with the Finance Officer to pmmde relevant infomation to the trustees. If r8serv8s during the year are bebw target or exceed target the trLk8tees will consider whether Ihis is due to a short-tenn situation or a longer-term issue. Buttsbury Pre-school will ensure funds h8ld above our reserves are spent on renewing equlpment, resources and staff incentives lo retain qualty in our wactilioners or invested in line with this policy. In particular. the trustees shouhj: identify when reserves are drawn on so that they urmlerstand the reasorts and can ￿nSider the corrective action. rf any, that needs to be taken. identify when reserve levels rise signifi(xntly above target so that they understsnd the reasons and can consider the corrective action, rf any. that needs to be tsken. identrfy where the r8serv8s levèl 1$ below target, ￿nSider vthethw this is due to short-temi circumstance or k)roer-tenn reasons which might trigger 8 broader rewew of finances and resenles. regard the ongoing review of the reserves16vel, tsrg8t arKI policy as part of managing the charity. ensure that the reserves and investment policy continues to be rel8V8nt as the charity develops or changes its strategy and activibes: réview the statement on reserves and investrnents in the trustees, annual report where there hav8 b88n significant changes in the reserves and investrnent policy or level of reServe￿investMentS held. At our trustee meeting on 17 June 2024. the Prmchwl trustees agreed to k)ok at opening an inv8Stmenl account with Inslgnls Cash {htt :114Thw.insi ni ) where investment funds would be placed in a hub and then shared among various financial institutions based on instant access or notice peri¢)d requirements. Following an online meeting with a representative of Insigni5 Cash in July 2024. trustee agreement was received to undertake the opening of an a(xount with Insignis Cash and this was completed in August with the Business Manager and Finan￿ Officer sel up as 'réque$tors' (instru¢t to move funds) and the Chairperson and Treasurer set up as 'approv8rs' {apKwove funds beirvJ moved and invested). Al are d8ssed 8$ account operator8. A WhalsApp group will be sat up among these 4 individuals to ensure that all are aware of funds to be moved and approved when n8￿ry. At the termly trustee meetlng. th8 Buslness Maroger will provide a full update of transacllons made. balances held, investment interest received and to or reinvest funds. Inv•8tm•nts Overrldlng Prfnclpl• The overrldlng principle is to avoid risk rath8r than to maximise retum. Therefore, In