Creswick Pre-School Ltd
ANNUAL TRUSTEES REPORT 01.09.2024 – 31.08.2025
This report follows the guidelines laid down by the Charity Commission in their website guidance for small charity reporting.
Reference & Reporting Details
Charity Name Creswick Pre-School Ltd Registered Charity Number 1145213 Registered Address Sir John Newsom Way Welwyn Garden City Hertfordshire AL7 4FL Address of Pre-School Sir John Newsom Way Welwyn Garden City Hertfordshire AL7 4FL
Trustees
Creswick Pre-School’s trustees are also Directors of the Pre-School, as registered with Companies House.
Mrs Gemma Jeffrey – Chair
Advisors
Bank: Barclays Bank 99 Harborough Road Northampton NN2 7SL Accountant: JK Minerva LLP 46 Crossway Welwyn Garden City Hertfordshire AL8 7EE
Structure, Governance & Management
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Governing Document: Trustee Selection: Meetings:
Pre-School learning alliance model constitution. Same as Directors registered at Companies House. The Directors & Pre-School Leader meet termly.
Objectives & Activities
Summary of Objectives: To provide education and early learning for PreSchool age children in our local community.
Summary of Main Activities: We offer daily sessions either 9am – 12noon or 1pm – 4pm. We also offer 30 hours – 9am to 3pm. Carefully planned activities follow the Early Years Foundation Stage curriculum ensuring that every child has access to good quality play and learning experiences that are differentiated to suit their stage of learning and development. We work in close partnership with parents and other professionals to ensure best outcomes for children aged 2-5.
Achievements & Performance
Our waiting list continues to be healthy with over 60 children on the list.
The Pre-School achieved an Ofsted grading of ‘Good’ in its last inspection in December 2024.
We scored ‘Light Green’ with our HFL Education Annual Visit.
Creswick Pre-School aims to provide the best experience it can for the young children in its care. Whilst we of course seek to retain a financial reserve in case of emergency, we purchase the best quality equipment and resources and ensure that all money received by the Pre-School goes straight back to providing the best we can for the children and their families. Our website, www.creswickpre-school.co.uk gives an overview of what Creswick Pre-School provides for local children.
We welcome children funded through the two-year-old funded scheme both working and early learning support, as well as the universal funding and 30 hours. We work in close partnership with our local Family Centre to ensure that families of the children in receipt of supported funding get any additional support they may need.
In addition to the above, we have weekly fees through both cash payments and families using childcare vouchers through their workplace schemes.
Financial Review
Please see attached end of year accounts.
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Declaration
The Trustees declare that they have approved the Trustees’ Report above. Signed on behalf of charity Trustees:
| Signature: | |
|---|---|
| Full name: | Gemma Jefrey |
| Position: | Trustee |
| Date: | 24 June 2026 |
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Company Number 07080206
CRESWICK PRE-SCHOOL LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
For the Period Ending 31 August 2025
46 CROSSWAY WELWYN GARDEN CITY HERTFORDSHIRE AL8 7EE
CRESWICK PRE-SCHOOL LIMITED
Company Information
Directors
Mrs Gemma Jeffrey
Registered Office
Creswick Pre-School, Creswick School Sir John Newson Way Welwyn Garden City AL7 4FJ
Company Number
07080206
CRESWICK PRE-SCHOOL LIMITED
Directors' Report and Accounts
Contents:
| Page | |
|---|---|
| Directors' report | 1 |
| Profit and loss account | 2 |
| Balance sheet | 3 |
| Statement of changes in equity | 5 |
| Notes to the accounts | 6 |
CRESWICK PRE-SCHOOL LIMITED
Directors' Report
The directors presents their report and financial statements for the year ending 31 August 2025.
Principal activities
The principal activity of the company during the year was operating a Pre-School.
Directors' interests
The directors that served during the year were as follows:
Mrs Gemma Jeffrey
The company is limited by guarantee and consequently does not have share capital, therefore no director has a declarable interest.
Small company special provisions
This report and financial statements have been prepared in accordance with the special provisions relating to the small companies regime within part 15 of the Companies Act 2006.
This report was approved by the board on 28 May 2026 and signed electonically on the same date by:
Mrs Gemma Jeffrey
Director
Page 1
CRESWICK PRE-SCHOOL LIMITED
Profit and Loss Account for the year ending 31 August 2025
| Notes Turnover 1, 2 Cost of Sales Gross Surplus Administrative Expenses Operating Surplus / (Deficit) 4 Interest earned Interest payable and similar Surplus / (Deficit) for the Financial Year |
9 months to 31/08/2025 31/08/2024 £ £ 170117 136273 135173 97371 34944 38902 34918 26770 26 12132 0 0 118 26 (92) 12106 |
|---|---|
The above results were derived from continuing operations.
The company has no recognsed gains or losses for the year other than the results above.
Page 2
CRESWICK PRE-SCHOOL LIMITED
Balance Sheet
as at 31 August 2025
| Notes | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Fixed assets | ||||||
| Tangible assets | 5 | 4236 | 4236 | 749 | 749 | |
| Current assets | ||||||
| Debtors and prepayments | 6 | 3727 | 4135 | |||
| Cash at bank | 31973 | 35345 | ||||
| 35700 | 39480 | |||||
| Creditors: amounts falling due | ||||||
| within one year | 7 | 3041 | 3242 | |||
| Net Current Assets / (Liabilities) | 32659 | 36238 | ||||
| Net Assets / (Liabilities) | 36895 | 36987 | ||||
| Reserves | ||||||
| Other reserves | 19142 | 19142 | ||||
| Retained earnings | 17753 | 17845 | ||||
| Total capital and reserves | 36895 | 36987 |
The notes on pages 6 to 8 form part of these financial statements
Page 3
CRESWICK PRE-SCHOOL LIMITED
Balance Sheet (continued)
Approval
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledges their responsibility for:
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(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006; and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small small companies regime.
The financial statements were approved by the director on 28 May 2026 and were signed electronically on the same date by:
Mrs Gemma Jeffrey Director
Page 4
CRESWICK PRE-SCHOOL LIMITED
Statement of Changes in Equity for the year ending 31 August 2025
| At 1 September 2024 Surplus / (deficit) for the year At 31 August 2025 At 1 December 2023 Surplus / deficit for the year At 31 August 2024 |
Other reserves £ 19142 0 19142 19142 0 19142 |
Profit and loss account Total £ £ 17845 36987 (92) (92) 17753 36895 5739 24881 12106 12106 17845 36987 |
|---|---|---|
Page 5
CRESWICK PRE-SCHOOL LIMITED
Notes to the Accounts for the period ending 31 August 2025
1 Company limited by guarantee
The company is limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £0 towards the assets of the company in the event of liquidation.
2 Accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all the financial periods shown unless otherwise stated.
Financial Reporting Standard
These financial statements have been prepared in accordance with Financial Reporting Standard 105 micro-entities - The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland - and the Companies Act 2006 (as applicable to companies subject to the small companies regime).
Basis of preparation
The financial statements have been prepared using the historical cost convention except as disclosed in the accounting policies for items shown at fair value.
The financial statements are presented in Pounds Sterling (£) which is the company's functional currency. All amounts have been rounded to the nearest pount unless otherwise stated.
Revenue recognition
Turnover represents the fair value of the consideration received of receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of any returns, rebates and discounts. The company is not registered for VAT.
Revenue is recognised when it can be reliably measured, it is probable that future economic benefits will flow to the company and and specific criteria have been met for each of the company's activities.
Tangible assets / depreciation policy
Tangible assets are stated in the balance sheet at cost less any subsequent accumulated depreciation and accumulated impairment charges.
The cost of tangible assets includes directly attributalbe costs incurred in their acquisition and installation
Page 6
Notes to the Accounts for the period ending 31 August 2025
Depreciation is charged so as to write off the cost of assets, other than land and buildings, over the term of their estimated economic lives, at the following rates:
Fixtures, fittings and equipment 25% on reducing balance
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
| **3 ** | Staff numbers | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Average number of staff employed by the company | 6 | 7 | |
| **4 ** | Operating surplus | ||
| Operating profit is stated after charging: | £ | £ | |
| Depreciation of owned fixed assets | 1412 | 173 |
Page 7
Notes to the Accounts for the year ending 31 August 2025
5 Tangible fixed assets
| **5 ** | Tangible fixed assets | ||
|---|---|---|---|
| Furniture | |||
| fittings and | Total | ||
| equipment | |||
| £ | £ | ||
| Cost | |||
| At 1 September 2024 | 14323 | 14323 | |
| Additions | 4899 | 4899 | |
| Disposals | 0 | 0 | |
| At 31 August 2025 | 19222 | 19222 | |
| Depreciation | |||
| At 1 September 2024 | 13574 | 13574 | |
| Charge for the year | 1412 | 1412 | |
| Depreciation on disposals | 0 | 0 | |
| At 31 August 2025 | 14986 | 14986 | |
| Net book value | |||
| At 31 August 2025 | 4236 | 4236 | |
| At 31 August 2024 | 749 | 749 | |
| **6 ** | Debtors | ||
| £ | £ | ||
| Trade debtors | - | - | |
| Prepayments | 3727 | 4135 | |
| 3727 | 4135 | ||
| **7 ** | Creditors: amounts falling due within one year | ||
| £ | £ | ||
| Trade creditors | 960 | 29 | |
| Taxation and social security | 1681 | 1744 | |
| Accruals and deferred income | 400 | 1000 | |
| Other creditors | 0 | 469 | |
| 3041 | 3242 |
Page 8
CRESWICK PRE-SCHOOL LIMITED
Detailed Trading and Profit and Loss Account for the Year Ending 31 August 2025 for the information of the directors only
| Income Fees and grants Other revenue Cost of sales (analysed below) Gross surplus Gross surplus % Administrative expenses Establishment costs (analysed below) General expenses (analysed below) Finance charges Depreciation Total expenses Operating surplus for the year Interest earned Interest charged Surplus / (deficit) on ordinary activities |
9 months to 31/08/2025 31/08/2024 £ £ 169535 131968 582 4305 170117 136273 135173 97371 135173 97371 34944 38902 20.54% 28.55% 16374 15375 16985 11133 147 89 1412 173 34918 26770 26 12132 0 0 118 26 (92) 12106 |
|---|---|
CRESWICK PRE-SCHOOL LIMITED
Detailed Trading and Profit and Loss Account for the Year Ending 31 August 2025 for the information of the directors only
| Cost of sales Small toys and education Wages and salaries Employer's National Insurance Empoyer's pension contributions Staff training Consumables Establishment costs Rent Light, heat and power Insurance Repairs and renewals General expenses Telephone and internet Health and safety Computer costs Printing, postage and stationery Subscriptions and donations Cleaning Accountancy costs Legal and professional costs Sundry expenses |
9 months to 31/08/2025 31/08/2024 £ £ 25019 10980 98333 82092 2422 1849 2494 1900 4019 180 2886 370 135173 97371 1650 1650 6102 4988 867 625 7755 8112 16374 15375 619 597 4715 0 6590 7403 958 42 894 236 1106 844 1075 1255 486 499 542 257 16985 11133 |
|---|---|
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ CRESWICK PRE-SCHOOL LTD members of
On accounts for the year Charity no ended 31/08/2025 (if any) 1145213
Set out on pages 1 TO 8
Respective The charity's trustees are responsible for the preparation of the accounts in responsibilities of accordance with the requirements of the Charities Act 2011 (“the Act”). trustees and examiner
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to state whether particular matters have come to my attention
Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
examiner's statement
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accounting records were not kept in accordance with section 130 of the Charities Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 29/05/2026
Signed: Name: KEITH JONES
1
May 2018
IER
Relevant professional qualification(s) or body (if any):
Address:
46 CROSSWAY WELWYN GARDEN CITY AL8 7EE
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
May 2018
IER