2025-03-31-accounts - Kiddy Winks Pre School

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Kiddy Winks Pre-School (Registered charity, number 1143981) Financial statements for the year ended 31 March 2025

Page	Contents
2 - 4	Trustees’ annual report
5	Independent examiner’s report
6	Receipts & payments account
7	Statement of assets & liabilities
8 - 9	Notes to the accounts

Kiddy Winks Pre-School Trustees’ annual report for the year ended 31 March 2025

Full name Kiddy Winks Pre-School

Registered charity number 1143981

Principal address

Bakersfield Community Centre, 312 Sneinton Dale, Sneinton, Nottingham, NG3 7DN

Trustees

Sarah Jayne Brooks, Chairperson Joanne Flint Jackie Fukes

Independent examiner

Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is operated under the rules of its constitution adopted 9[th] May 2011. Trustees are appointed through recruiting our parents/carers. This is always difficult and we usually struggle to recruit new members to the committee.

Objectives and activities

The aims of the pre-school are to;

Enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by;
Offering appropriate play, education and care facilities, family learning and extended hour’s groups, together with the right of parents to take responsibility for, and to become involved in, the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
Encouraging the study of needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
Instigating and adhering to and furthering the aims and objectives of the Pre-School Learning Alliance.

We provide sessional childcare for children from the ages of 2-5. Our Ofsted rating is Good which means we can offer the Early Learning Programme to 2 year olds which is aimed at low income families. We support children with SEND and we have a high uptake of children requiring extra support through the Early Years Pupil Premium. We have long standing, knowledgeable staff who are all qualified at level 3 in early years education who work with the children to help them achieve their developmental goals whilst attending the setting.

Kiddy Winks Pre-School

Summary of the main activities undertaken for the public benefit

Our aim is to provide a high quality, affordable education for children under the age of 5 following the guidance of Ofsted and the Early Years Foundation Stage. We encourage parents to take an active role, by volunteering on our committee or during sessions.

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

Summary of the main achievements during the period

We started 2024 - 2025 in a better financial position and our income has continued to grow during the year. At year end we have been able to continue to replenish our reserves, whilst also being able to purchase some new equipment and ensure our employees received a salary increase in line with national minimum wage. We have not needed the support from our Local Authority Early Years at any point during the year with regards to finances but they are always on hand if needed. The new funding that came into place last financial year has continuously been very beneficial to us and our families, we have been able to offer nursery places to both disadvantaged families and also working families for which we receive a significant amount of funding.

It has been a difficult year with regards to staff, the manager unfortunately had to take a significant amount of time off/reduce her hours to look after her partner who suffered a life changing medical emergency. Also in September our Admin and Finance worker was diagnosed with cancer so has also had to take time off for treatment. The deputy manager stepped up and took on both roles and has been an amazing asset to the charity! Our staff team have worked really hard again this year, ensuring that we are up to full capacity whilst also continuing to offer the children and their families the best possible service. The children have been making great progress and we hope that some time in the future we will be able to utilise the upstairs space to continue to support our rising 5s ready for their transition to school.

The charity’s policy on reserves

Our policy on reserves is to ensure that there is enough to cover at least 3 months running costs if we were to be in a position where we lost funding etc.

Financial review

This financial period has been excellent, we have seen a significant increase in grants and funding from the local council, and families both from disadvantaged and working backgrounds taking up funded spaces which due to the increase in the hourly rate of funding for these children is still helping us maintain a healthy bank balance. We are still conscious of our financial position and are still limiting spending on equipment etc., so that we can get our reserves back up to where they were pre Covid.

Kiddy Winks Pre-School

We have a very healthy waiting list and we have been running at full capacity which has seen a massive increase in income, finding ways to cut costs and working hard to promote the Pre-school to ensure we grew our occupancy and were able to remain open in the community providing vital early years childcare.

We have ended the financial year with a surplus amount which will be replenished into our reserves and also we will look into new flooring for the outside area as this is currently a health and safety risk. We can also ensure our employees receive an increase in their salary in line with national living wage. We enter the 2025-2026 financial period in a much better position than we have been for the last few years.

Financial risks

Unfortunately due to the financial position of Nottingham City Council we are unsure of the future of the community centre, the community centre committee may increase our rent significantly to cover their increase in overheads as Nottingham City Council gradually remove any support the community centre receive from them.

We have had a new nursery open in the area, which could affect our waiting list and our capacity of children, but we will continue to promote the pre-school and ensure we continue to monitor our capacity and fill spaces as soon as they become available.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Sarah Jayne Brooks, Trustee

Independent examiner’s report to the trustees of Kiddy Winks Pre-School for the year ended 31 March 2025

I report to the trustees on my examination of the accounts of Kiddy Winks Pre-School (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records.

I have no concerns and have come across no other matters 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.

Signed ____ Date _______ Eva Stevens BSc, CPFA Employee of Community Accounting Plus

Kiddy Winks Pre-School Receipts & payments account for the year ended 31 March 2025

2024 Total Unrestricted Funds Funds £ Note £ Receipts 154204 Grants & donations 2 163269 12471 Fees 6084 1356 Luncheon club fees 1022 300 Fundraising & sales 15 168331 Total receipts 170390 Payments - Activities, events & trips 448 959 Cleaning & maintenance 943 1681 Equipment & play materials 1990 579 Hospitality & gifts 566 540 Independent examination fee 600 1002 Insurance 1580 1152 Payroll service 1519 729 Printing & stationery 723 4426 Professional services 3325 5300 Rent & room hire 6200 1058 Telephone, internet & postage 1159 110 Training 835 3 Travel 19 113311 Wages, NI & pension 122437 214 Sundry payments 316 131064 Total payments 142660 37267 Net receipts/(payments) 27730 26663 Cash funds at start of this period 61037 - Transfers between funds 2893 63930 Cash funds at end of this period 91660	Restricted Funds £ - - - - - - - - - - - - - - - - - - - - - - 2893 (2893) -	*2025* Total Funds £ 163269 6084 1022 15
		170390
		448 943 1990 566 600 1580 1519 723 3325 6200 1159 835 19 122437 316
		142660
		27730 63930 -
		91660

Kiddy Winks Pre-School Statement of assets and liabilities at 31 March 2025

----- Start of picture text -----
2024 2025
£ Cash assets Note £
63925 Bank accounts 91656
4 Cash in hand 4
63929 91660
Other monetary assets
223 Prepayments 4 1340
727 Debtors - Fees 1055
950 2395
Liabilities
(1225) Creditors 5 (2659)
(1225) (2659)
----- End of picture text -----

These financial statements are accepted on behalf of the charity by:

Signed _____ Date _____ Joanne Flint, Trustee

Kiddy Winks Pre-School Notes to the accounts for the year ended 31 March 2025

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Grants & donations

Nottingham City Council Sundry donations Funds analysis Restricted funds EYPP Unrestricted funds General	Opening balance £ 2893 2893 61037 61037	Unrestricted Restricted Total £ £ £ 163091 - 163091 178 - 178 163269 - 163269 Receipts (Payments) Transfers Closing balance £ £ £ £ - - (2893) - - - (2893) - 170390 (142660) 2893 91660 170390 (142660) 2893 91660	Unrestricted Restricted Total £ £ £ 163091 - 163091 178 - 178 163269 - 163269 Receipts (Payments) Transfers Closing balance £ £ £ £ - - (2893) - - - (2893) - 170390 (142660) 2893 91660 170390 (142660) 2893 91660
			-
			91660
			91660

3. Funds analysis

The transfer from the EYPP fund to the General fund reflects the release of any restrictions on the use of these funds.

4. Prepayments

Insurance Rent & room hire	£ 790 550
	1340

5. Creditors

Independent examination fee Wages, NI and pension	£ 606 2053
	2659

6. Trustees’ remuneration

During the period, a salary of £16,766 was paid to one trustee, Joanne Flint, who is employed by the charity as the Finance and Admin worker.

Kiddy Winks Pre-School Notes to the accounts for the year ended 31 March 2025

7. Related party transactions

There were no related party transactions in this period.

8. Glossary of terms

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.

Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.