REGISTERED CHARITY NUMBER: 1142961 of thè Trustees and Unaudiled Financial Statew£nts for the Peri&l leMr 2024 to 30 Noventhr 2025 Sevem Be Slanbey Joseth Limited Chartered AccoJntants Liberty House SJth Litety Lane Bristol BS3 2ST
Severn Beath Presch1 tents of the Finanaal Statements f rthePeri tembèr 2024 to 30 N¢)V8mber 2025 Page Report of the Trustees 1 to 2 Independent Ex8mir*s ReFrt)rt Statemènt of FinanLial AltreS Statement of Finanoa Posit Notes lo the Financial Stslements 6 10 10 Detsiled Slalemenl of Financial Acti¥eS 11 to 12
Sevem Beath Prestho rt of the Trustees fcK the Period 1 Se lember 2024 to 30 November 2025 The trustees PTesenl thr re[ wilh the finarKial Statts of the tharity for the pemd 1 Septemkr 2024 to 30 NovemkT 2025. The tnjslees hM adopted the provisw)ns of Aminting and Rewtwig by Chafibes.. Statement of Reccvnmended Prattits applic2tle to charibes preparing their aCnIS in aco)rdance wth the Finan81 Reportir¥J St2ndard applicable in the UK and RetAJbh'c of Ireland (FRS 102) (effective 1 January 20191. The commtttee thanges regularty and detraNis are rewrted to ofsted as legally required. The wmmittee wort (thesNety the stsff at the wesdYxA lo provJe chldcare for the thiklren in Sevem Beach and SUTrounding wllages. In pa.Jar we wovide free places for these thildren in receipt of the 15 hours Nursery Education Grant and, ctce again, this year have taken on many thildren elw31b the 2 year old funding. This year we a0xpl a greater number of thikjren wlh 30 hours fuThJing. In September 2025 the tharity ¢eased and ils operatw)ns were tsken over direclly by the Iccal primary sthool. The charity fofmally Se all operalKJns in November 2025. OBJECTNES AND ACTIMTIES Objectives and aims The chanty provides presdth proiisNJn for fur and Th)n-fiJndwJ 2- 5 ypar olts. Slgnfficant activities Ath'vities are broad and varied but in essen folluN the Earty Years FcwndatKsn Stsge 2021 as r4uired by law and the children enjoy a we host of OPFQrtunities and ex[ern$ to enab their leaming and development This year we again enrcAbJ, c2red for aTrJ tsht thikjren SEN and EAL 2nd feel we enabled every thilj lo make progress. We follow the SEN code of praclKe and ain managed to secure funding to improve comlJnICation a1 language sknlls for chikJn from disadvantaged backgrounds and from those with speeth delay and English as an addtbonal langu¥. We were inspeclwj by Ofsted in Marth 2024 and we retsinal the grade of Outstanding. We also becan a Portage approved seth'NJ FcJlow.the Earty Ye5 F1MlatI)n Stage 2024.. FINANCIAL REVIEW The preschool generated a defiiit in its firtal of trading of £57, {2024 - surplus of £g),346). Income ¢ontinued to increase. but costs have inueased at a faster rate due to the Cunt levels of inflation. The number of staff has been in¢xeased by during the ar to enable us lo provide sufficient slaffing to maintain a high standard of arnl educaion. e have spent £54,478 on vau$ new equ1wl in thi8 final peibJJ allowing us to [ide mre fcussed leaming al times lo ensure that all chibjren ti)ntinue to make prcrfJress. Page1
Sevem Beath Preschc rt of the Trusle8S for the Period 1 Se temkr 2024 to 30 NOveMr 2025 STRUCTURE, GOVERNANCE AND IAANAGEMEKr Governing document The charity is a small village • manw by a vdunteer cfjmmillee made up of pamts. We have adopted the Pre SdKd Leaming Alliar CLMsbtutM)n arKI abmje by the rules set out in these regulations. REFERENCE AND ADMINISTRATIVE DEfAILS Reglstsred Charlty number 1142*1 Principal address Sevem Beath CP Sthth)I Ableton Lane Sevem Beath S GLOS BS35 4PP TNstsos Mrs N Hills MTS C M Crew J Hogan Independent Examiner Stanley Joseph Limited Chartered Accountants Suite 1 Liberty Hse South Lthty Lane Bristol BS3 2ST CESSATION OF TRADING The chanty ceased activities on 30 NovemLEr 2025. Approwl by order crf the board oflNstees .......................................... .. and soned on its tehaK by.. Mrs N Hills- Tnjstee Page 2
Inde dent Examinerfs Re evem Bea Pre9thwl rt to the Trustees of Independent examinerfs report to the trustees of Sevem Beach Preschool I report to the tharity trustees on my examinati( of the a)Unts of Sevem Beath PCl {the Tnjst) for the wiod 1 September 202410 30 knember 2025. Responsibilities and basis of rg As the dwrily trustees of the Tnjst are resF(Jn&blè for the preparathm of the accounts in acC£ffdan with +• th8 requirements of Charits'es Acl 201118 Ala). I report in respect of my examinati of the Tnjsfs ac(£unts 12rri out under SedM)n 145 of the Act an(l in CaTng out my examination I have follo*Ed all apph'cable Th.rtiOnS gHven by the Chanty Corrwnission under Section 145{51{b) of the ACL Independent examlnorfs Ststement I have completed my examinati. I confirni that r#) malerial matters have coTh to my attention li connectK)n 4Mth the examinats'on giving me cause to bdieve that in any material Tesped.. ac£ounkn'ng records were not kept in respect of the Tntst as required by Section 130 of the ACL. or the accounts do nol acrth with those cOrds., or the attounts do not CoMY with tre applble wuiTrmenls concemng the form and conlenl of aCcnts set 11 wi the Charitses {ALThJnts arKJ Repts) RegulatM)ns 28 other than any requirerrenl that the aCCnts give a and frd'r view which is r#)t a matter considered as part of an independent examinaticfi. I have no corKems and have au(tss no 0r matters in cffinecticx) the exawrination to whith attention sh(xJld be drawn in this reF(Kl n or(ler io enable a tKoper understsThJirrfJ of the aCCnts to be reathed. P S Helps Stanley Joseph Limited Chartered AcCoUnts Suite1 Libety Hcse South Liberty Lane Bristol 8S3 2ST Date.. Page 3
Sevem Beath Presdkool ststement of FInar1 ActFvities the Period 1 Se lember 2024 to 30 November 2025 Period 1.9.24 Year Ended 31.8.24 Total funds 30.11.25 Unrestricted fuThJ Notes INCOME AND ENDOWMENTS FROM Donations and legacies 238,120 289,953 EXPENDITURE ON Raising fijnds 287,664 195,830 8,419 3,777 Total 2,083 199,607 NET INCOMEI{EXPENDrruREI {57,963) 90,346 RECONCIUATION OF FUNDS Total funds br(yJghl forward 114,544 24,198 TOTAL FUNDS CARRIED FORWARD The notes fomi part of these finanaal statements Page 4
Sevem Bead) Preschts)I ststenl of Finartial PosilN)n 30 November 2025 30.11.25 Unrestricted fijnd 31.8.24 Total funds Notes CURRENT ASSErs Cash at bank 56,581 115,197 CREDITORS Amounts falling due within year {653) NET CURRENT ASSETS 56,SS1 114,544 TOTAL ASSEfs LESS CURREiir UABIUTIES 56,581 114,544 NET ASSETS 56,581 114,544 FUNDS Unrestricted ftjnds ,581 114,544 TOTAL FUNDS 56,581 114,544 The finanaal statements were approved by Ihe Boatd of Trustees and authorised for issue on .. and Yre shJned C its LEhaff by.. rustee The noies fom part of these finanaal tements Page 5
Sevem Beath Presthc Notes lo Financial Slatements for the Penod 1 Se lember 202410 30 November 2025 ACCOUNTING POUCIES Basis of preparing the financial statements The finanaal statements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordan with the Charities SORP IFRS 1021 'Accountirsg and Reporting by Charitses: Statement of Re(fflnnded Prxtr'ce applicabk to chartties preparing their accounts in acrdanCe th the Financial Reporting StaThlard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191,, Finanaal Reporting StsThJard 102 Tr Finanaal Reporting Stsndard applirAble in the UK and Republic of Ireland and the CharitEs Ad 2011. The financAal statements have been prepared under the hIStlca1 cost conventic. Income l income is recognid in the SlateThnl of FinancBI On the tharity has entillemenl to lunds, it is probable that the iFKorrE iM be 1Ved and the arnCnt can be ff£asured reliably. Expenditure lIa.11tieS are re(rynised as expendilure as SLYJn as there is a legal or 0)nstnle (lIgatiOn cCMitng the tharity lo that expendIiu, il is probabEe that a transfer of eccfiomic benefits will te required in setuement and the affount of the obligation measured reliabty. ExFenditure is accounted ftt on an accnjals basis aThJ has been cLqsstfied under headings that aggregate all cosl related to the category. Vlhere Sts (n01 directy attritrted to particular headings Ihey have been alkxated io actsvities on a ba conststsnt vitth Ihe us8 of resowces. Taxatlon The tharty is exempl f tax M its tharitalk actres. Fund accounting Unrestricted fvnds can be used li aoran with the chartiatrAe objectives at the dISl)n of the trustees. Restricted funds can onty be used for particular reslricted purpThes within the ows of the thanty. Restrtctions arise when speard by the (Y %then funds are raised for partthlar restricted wrposes. Further explanaticffi of the nature arm1 pur of each fund is induded in ts notes to the financial statements. Penslon costs and other post.rtlrement beneffts The charity cperales a defined n(tJ.on Fen&on scheme. Contribjtions rAyable to the chanty's nsion scheme are charged lo the Ststemnt of Finan(#al Actiwtss in the pericJ to which they relate. Page 6 continued...
Sevem Beath Preschwl Notes to the Finanaal Ststements- continued for the Per)d 1 Se tember 202410 30 Noveffkner 2025 RAISING FUNDS Raising donations and legxk$ Period 1.9.24 Year End&J 31.8.24 30.11.25 Support costs 229,045 181,816 TRUSTEES, REMUNERATION AND BENEFITS There Vre no truslees, remunerali(M 0r tenefits pml ended 30 NovemtEr 2025 nor for the year ended 31 Ajjgust 2024. Trustees, expenses There were no trustees, exFenses paKI br the peiiLKI endgj 30 NovemLw 2025 nor for the year ended 31 Asgust 2024. STAFF COSTS The average >rththly numtw of errwoyees durrKJ the Ferh)d was as follows: PericJ 1.9.24 Yeai End 31.8.24 11 30.11.25 11 Teathing slaff No emoYeeS rw*ived errK4urw)ts n excess of £60,(KXI. Page 7 continued...
Sevem Beach Preschc Notes lo the Financial Slalements - continued for the per)d 1 Se tember 2024 to 30 Novenknr 2025 COMPARATNES FOR THE STATEMEpif OF FINANCIAL ACTNMES Unrestitted fund INCOME AND ENDOWMENTS FROM Donatsons and *acies 289,953 EXPENDITURE ON Raising fvnds 195,830 Other 3,777 Total 199,607 NET INCOME RECONCILIATION OF FUNDS Totsl fimds 0jh1 forward 24,198 TOTAL FUNDS CARRIED FORWARD 114,544 CREDfroRS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 30.11.25 31.8.24 Other cfedrtors 653 P•Je 8 continued...
Sevem Beath Preschts)I Notes lo the Finanaal Statements- contin for the Peri)d 1 Se tember 202410 30 Novethr 2 MOVEMENT IN FUNDS Net n1ernent in funds Al 30.11.25 At 1.9.24 Unreslrlctèd funds General fund 114,544 {57,963} 56,581 TOTAL FUNDS 114,544 57,9631 56.581 Net moVenI in tunds, ifidud wi the alKM are as hlch¥S: Incomirvj reSoUrS Resouff*s expended Movement in funds Unrestrl¢ted lunds General fund 238,120 {296,083) {57,9631 TOTAL FUNDS 238.120 57,963) Comparatlves for movement In funds Nel movement in furrfjs At 31.8.24 At1.9.23 Unrnstrict•d lund• General lund 24,198 114,544 TOTAL FUNDS 114,544 Paje 9 cyjntinued...
Sevem Beath Preschcd Notes to ts Finanlial Ststemenls- conb'nued f the Period 1 Se lember 2024 to 30 November 2025 MOVEMENT IN FUNDS. conbnuod Comparative net frthiem8nl in fimds. ifKhJded in the atrA)v8 are as fdh)ws.' IncLKning resources Resouros Movement expended in fiJnds Unrestricted funds General fund 289. (199,EQ7) 90,346 TOTAL FUNDS 289,953 199,6071 ),346 RELATED PARTY DISCLOSURES Mrs C M Crew receNed a salary aTrJ pensi)n c£fflln'bJticffi as the man4er of the pre.stho)l. None of the salary was in SpeCt of Trustees, duties. Page 10
Sevem Beath Preschcol Detailed state1t of Fmancial Actmties for the Period 1 Se lember 202410 30 Noverrthr 2025 Period 1.9.24 Year End 31.8.24 30.11.25 INCOME AND ENDOWMENTS Donatlons and l•gaci•$ Educatiw grants Fees Unifoms Donated services and faalilies Llnner money 193,754 40.280 354 415 3,317 245,230 37,926 583 1,500 238,120 289,953 Total Incomlng resour¢•s 238,120 289,953 EXPENDITURE Other tradlng actlvlths Equipment and toys Chrislmaslend of year paty Schcol dinners 54,478 396 3,745 8,797 115 5,102 S8,619 14,014 Other Administration costs CleaniThJ Refreshments Repairs and maintenarK* Training Unifomis Subslpt1cfflS 590 122 956 264 1,295 453 159 108 593 8,419 3,777 Support Costs Management Insurance CaNied forward 1,990 867 867 This page does not f( part of the statutory fnanaal staterrts Page11
Sevem Beath Pre%hool Detailed Statement of FInCial Actmties for the Pertod 1 Se lember 2024 10 30 November 2025 Period 1.9.24 Year Ended 31.8.24 30.11.25 Management Brought fciward Teleph)ne 867 3,605 2,126 Other Rent 7,189 8.371 Governance Costs Wages sla1 security Pensions Accountancy and kgal fees 204,129 9.128 3,770 1,224 164,598 3,310 2,943 218 251 171319 Totsl resources eypended Not {oxpgndlturoylncomo 57,963 This page (knes not fom part of the slatulory fan(JaI statements Page 12