REGISTERED COMPANY NUMBER: 07900733 (England and Wales)
REGISTERED CHARITY NUMBER: 1145918
Report of the Trustees and
Unauditod Financial Statements for the Year Ended 31 July 2024
for
Putnoe Wood8 Preschool Limiled
George Hay Partnership LLP
Chartered Accountants
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 OLD

Putnoa Woods Preschool Llmited
Contents ol the Flnancial Statements
for the Year Ended 31 July 2024
Page
Chairman's Statement
Roport ol the Trustees
Independont Examiner'g Report
Ststement of Financial Activitles
Balance Sheet
10
Cash Flow Statsrnent
11
Noles to the Cash Flow Ststement
12
Notgs to the Financlal Statements
13 to 20
Detailed Statement of Financial Activltles
21 to 22

Putnoe Woods Preschool Limited
Chalrman'$ Ststomont
for thg Yoar Ended 31 July 2024
We think Putnoe Woods Preschool overall is the best provider lor childcare in Bedford. Our vision and
values ensure that childcare is affordable lor all, and that extra emphasis is on Special Educational needs
children, as Pulnoe Woods Preschool is an inclusive environment that encourages diversity and inclusion.
As a board ol Iruslees. we are pleased that the increased rating from OFSTED was definitely deserved as
the previous clerical error was made by the Trustees. The staff and Managers have worked tirelessly to
ensure that we gel the best possible rating for our Pweschool.
Every penny matte¥s al Putnoe Woods Preschool, and funds are pul back into gètting equipmgnt and
learning guides for the Children. All funds gains are spent WiS81y to ensure that the Preschool gets value for
money.
In conclusion, all ol the Trustees are very proud to be part ol the excellently run Preschool and we are all
committed in the future success ol the Children, Staff and the learning environment.
Page I

Putnoe Wood$ Preschool Limited
Roport of the Trustees
for tho Year Ended 31 July 2024
The trustees who ale also directors of the charity for the purposes ol the Compani8s Act 2006. present their
report with the financial statements of the ¢harty for the year ended 31 July 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our aim is to provide low-cost early years, care and education lor preschool children. The activities ol the
directors are focused on achieving this aim and lor the publi¢ benefit.
Our charity's purposes, as set out in the objects contained in the Memorandum of Association, are 'lo
enhance the development and education ol children primarily under slatulory age by encouraging parents lo
understand and provide the needs of their children through community groups and by ottering appropriate
play, education and care facilities. family learning and extended hours groups ensuring all groups offer
opportunity for all children whatever their race, culture, religion. means or ability-
We incorporate the objects into our mission statement, which is the anchor that underpins all we do al the
preschool..
'At Putnoe Woods we Strive lo be a fun, affordable. inclusive pre-school where children are welcomed,
valued and encouraged to reach their lull potential in a safe and nurturing environment. We strive to
develop our parental partnerships as parents are their child's first educators.
Our objectives for 2023124 were..
Remain financially stsble in a time of rapidly increasing costs in food, power, wages, maintenance and
parts.
Aim to at least break even or gain a small surplus.
Continue with weekly managers meetings and the monthly dashboard to keep communication frequent and
open.
Continue our excellenl work with EYPP children, identifying needs and using resources to help achieve
goals. Seek to use funds lor increasing physical acb'vity.
Prepare for repeat Olsted Inspection following last year's disappointing result.
Conduct lees review and seek lo increase these whilst keeping in line with our charitsble objectives and
onsidering the increase in funded hourly rates and extension to 2-year-olds.
Carry out a pay review.
Launch a Go Fund Me fundraiser lo purchase a preschool wagon.
Complete the pension reconfirmation process as stipulated by the Pension Regulator.
Reward and recognise staff that go the extra mile with a termly competf(ion.
Organise some people lo visit and talk lo children about their occupations.
Encourage parents to apply lor the new funding Ihal has become available for working families lor childrers
under three.
Review savings accounts.
Page 2

Putnoe Wood$ Pres¢hool Limited
Report of the Trustoos
lor the Year Endod 31 July 2024
OBJECTIVES AND ACTIVITIES
How our activitles deliver public benefit
We are situated in Putnoe ward in the Borough ot Bedford- children attend mainly from Putnoe and
Goldington wards, but also Brickhill and from families who work locally.
Putnog Woods Preschool provides early years care and Bducation for up lo 70 children at any one time. We
accept preschool children aged from 6 months lo 5 years old. We are open weekdays, 47 weeks per year
be￿88n 08.00 - 18.00. We currently have 120 children on our register and recenie enquiTes daily from
potential new parents. Many of these come through word-of-mouth recommendation. We currently have a
wailing list lor parents to join the baby room. The split between term lirne only children and all year chil(Jren
is almost 50150.
We are one ol few low-cost providers in the area to welcome children to start from 6 months of age. This,
together w(th the extended hours and competitive hourly rate allows local lamilies who would not be able to
afford prwale day care lo return to work or Iraining.
Putnoe Woods Preschool works closely with the Looal Authority ILA) ensuring that children with additional
needs access the funding and support available to them. The number ol children with EAL IEnglish as an
additional language) has been low in the last year. Speech referrals for professional support can now be
made directly from the parents wilhoul our support which has eased the pressure on us. Our lift off to
language groups (early intervention lo support speech & language, social & emotional development)
increased from four lo six. During this year we had hyo children that required one-lo-one care.
Demand in the rooms continues to shift age groups term to term. We have seen more under two's booking
longer days and attending for more than days a week. Putnoe ward regularly has a 90% update of the
2-year-old funding available lor families with additional needs, bul we have had only four this year.
Numbers are low compared lo previous years which may be because of us being full well in advance of
children being issued with 2-year-old funding codgs. We have seen numbers using extended funding 130
hours) remain slalic again this year WEth the number of children increasing each term as they turn 3 and
become eligible. We started with 25 Ch￿ldren in the Autumn term and finished with up lo 38 children in the
summer term. This represents 72% of our funded 3 and 4 year-olds. During the summer, funding for
working families extended to Include 2-year-old8. 22 children were eligible lor this. Al the start of the year
funded income was lower than non-funded, bul this flipped during the summer term lo funded Income being
higher. We will continue lo see funded income increase with the introduction ol funding lor 9 to 23
month-olds from the Autumn term in 2024.
We put effort Into making sure parents are aware ol the lunding available lo them. Regular reviews and
communications are sent to parents to ensure they reconfirm their 30-hour funding information when
required so they relain this entitlement. Termly revigws also lake place lo identify parents who may be
eligible for 15 or 30 hours funding and encourage them 10 apply. Although we cannot apply on their behall,
we can show them how lo go about it and explain the details they will need.
We increased the cost of the pre-school lunch lo £1.50 per child per day in September 2023. This will be
reviewed as we start gach new academic year. We now provide a pre-school lunch to most ol our children
with an average 0145 lunches per day which yields £337 01 income per week and ensures a nutritious meal
in the middle of the day. Any child that is with us al 4.30pm will also receive a cooked tea al no additional
cost.
Most ol our new children this year have come from a variety of areas in Bedford. Again, we have seen a
greater diversity in ethnic backgrounds and a shifl towards younger attendees (babies Irom 6 months) with
between 6 to 9 attending on most day5 01 the week. The pre-school has been at capacity for most of the year
although gaps often exist in the first term of the academic year to allow for children to move up 1nto the
preschool room as they turn 3. The 202312024 academic year was al capacty a year in advance, and we
have limited availability before 2026 - particularly in the younger rooms.
Page 3

Pulnoe Woods Preschool Limited
Report of the Trustees
for the Year Endod 31 July 2024
ACHIEVEMENT AND PERFORMANCE
Fees increased in May 2024. This was a small increase in Ihe hourly rale and a slight shift in the ag8
brackets, so they are in line with lunding age brackets. We also removed the lull day rate. This had no
negative impact on our bookings. Given the current economic climate, fees will now be reviewed twice per
y8ar.
A Parent survey compleled November 2023 with a 50% ietuin rate. Overall, w8 are delighted wrth the
resuhs. We had so many lovely, positive comments on the survey which has made us all feel very proud. As
a result of the suNey, we reviewed our menu and our parent consultation process.
We will no longer have a sel parent consultation éay.
We introduced a 'Good Egg. award with the aim of recognising and rewarding leam members that went
above and beyond. Each term there was a cash prize that increased, and team members nominated who
they felt should win.
A pay review was carried out in April 2024, with all staff receiving a pay increase. This was larger than
predicted due to the high increase in national living wage.
Olsted conducted a full inspection on 17th August 2023. The pre-school was graded 'Good'. The feport
reads very well with only two recommendations '.
1. Support children's communications skills further by ensuring slaff across all rooms consistently
demonstrate a g¢)od understanding of the english language.
2. Enhance methods ol coaching and mentoring lo support slaff to identty areas to improve their practice
and further raise the quality ol their leaching.
EYPP support has continued each term with lunds used to allow children to reach their lull potential once
their individual needs hav8 been identified. Some of this money has been spent on physical activity with an
external provider coming each week to run a lun sports class. This has been very popular and enjoyed by all,
so we have continued with it all year.
Termly meetings take place with each member of staff to review their key children and the progress they
are making. This allows any issues or concerns to be raised and addressed.
First aid training carried OLrt with half the team in May 2024. Another half of the team are due to renew in
September 2025
External visitors that came to talk to the children included a Doctor, a Police Officer, a Bee-keeper and an
unplanned helicopter landing
Communications with Iruslees have been kept up-to-dale using the dashboard and meetings carried out
each term.
All annual health & safety checks were completed.
Following our annual Hgalih & Safety inspection by Cilation, we had three recommendations
1. Updated Health and Safety Statements to be displayed and sign8d.
2. Defibrillator checklist to be created.
3. Contractors lo be vetted.
We continue lo use the Crtation Atlas platform to record and review risk assessments, COSHH and Health
& Safety training.
Citation Is also used lor distributing staff documents and policies.
Successfully completed the pension re-confilmalion process.
FINANCIAL REVIEW
Principal fundlng sources
Almost 49% 01 our funding comes from Central government in the form of nursery education for both 3 to 4
year-olds luniversall and 2-year-olds Imeans-tesled & working parents), the extended 30-hour funding and
Sen funding. When required we receive some funding lo provide addrtional support to children. This year
we secured £21,513 for SEN support. We receive paid lees from families who require additional hours or are
not entitled to funding which account lor 51 % of our income.
ABC photography and easy lundraising generated funds for us and we successfully raised funds through a
Go lund Me campaign.
We also generated income from milk claim refunds and preschool lunches.
Page 4

Putnoe Woods Preschool Limited
Report of th& Trustee8
tor the Year Ended 31 July 2024
FINANCIAL REVIEW
Investment policy and objectlves
The preschool holds interest savings accounts wilh the Metro Bank, Nationwide and Virgin bank primarily to
sel aside monies for the "movelnew building. project. The rgmainder of this fund continues to be spent on
expanding or replacing existing large equipment during the next year.
Our Virgin bank branch closed, so we opened a Virgin 48-month Fixed Term Accourrt which will yield us a
hearthy amount of interest. This matures in September 2025.
We have a third savings bank account with Nationwide Building Society which will help spread the risk of the
amount we can claim through the FCS
Reserves policy
The reserves policy is reviewed annually, and the amount set asid8 will increase in line with the increased
size ol turnover. This reserve Is held in a separate account with Virgin Bank Ifixed term) and Nationwide
Building Society145 days, notice). The current agreement is for 6 weeks operating costs to be held. During
the year 2023124 one week's operating costs were £10.091, therefor8 6 weeks costs would be £60,546.
FUTURE OBJECTIVES
We want to continue to provide a happy. safe and educational environment for our children.
Short term objectives=
Seek to increase revenue through various means including lunches and fundraising.
Enhan￿ the curriculum to provide more challenge.
Keep light control of monthly expenses.
Carry out a pafer)t survey with our families.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documenl
The preschool is a charrtable company limited by guarantee, incorporated on 6th January 2012 and
registered as a charity on 15th February 2012. The company was established under a Memorandum ol
Association which established the objects and powers ol the charrtable company and is governed under its
Articles of Association. In the event of the company being wound up members are required lo contribute an
amount not exceeding £10.
Page 5

Putnoe Woods Preschool Llmltsd
Rèport of the Trustees
foi the Year Ended 31 July 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Recrultment and appointment of new trustees
The directors ol the company are also charity Iruslees lor the purposes of charity law.
The directors are responsible for strategic guidance and overview to ensure the charty's activities achieve ils
mission statement. The day-lo-day running ol the chaTity is delegated to the Pre-school Manager and
Business & Finance Manager.
The directors are all volunteers, giving their tim8 freely and re¢eive no personal benefits. They meet half
termly to discuss and review the business plans and aclwities, they make planned visits to discuss and
review specrfic activities. The position of Chair is a representative lor the board ol directors and chairs the
meetings.
The directors have been recruited both through personal invitation as representatives of interested parties,
such as parents and local schools, and through adverh.sing at the local volunteers, cenlre. All offer additional
skills and knowledge lo those ol the managers.
Information and decisions can be made via èlectronic communication, as laid out in our Articles ol
Association, to ensure timely and well-informed decisions can be made outside of the meeting schedule.
Each trustee acts as a point ol contact lor communications and development ol their area, working with the
business managers and the board to deliver changes and ensure compliance lo policy.
Safeguarding - Milena
Health & Safety - Cassie
Finance - Lewis
Communications & Staff wellare - Clare
Olsted & Education Julia
Business planning - Kieran
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07900733 (England and Wales)
Registered Charlty number
1145918
Rogistsred office
Wentrlorth Drive
Bedford
MK4180A
Trusteos
Mr D C W Elves Community (resigned 9.10.231
Ms C Purcell Community
Mr K Dimelow Community Ichairfrom 01.09.24)
Dr M Kostic Community
Mr L Janes Community
Mrs J Robinson Parent (Chair to 31.08.241
Mrs C Coleman Parent (appointed 22.11.231
Cornpany Secretsry
Mrs L H Whitnèy
Page 6

Putno8 Woods Preschool Llmlted
Report ol the Trnstses
lorthe Year Ended 31 July 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Indgpendent Examiner
Colin Airey FCCA
George Hay Partnership LLP
Chartered Accountants
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 OLD
FUNDS HELD AS CUSTODIAN FOR OTHERS
Neither the charity nor the directors hold any funds as custodian trustee.
DcoMly...7.R24 and signed on ils behalf by..
Approved by order ol the board ol Iruslees on
Mr K Dimelow- Trustee
Page 7

Independent Examinerfs Report to Ihe Trustees of
Putnoo Woods Preschool Llmlted
Independent examiner's report to the trustee8 ol Pulnoe Woods Pre8¢hool Limited I'the Company'}
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 July 2024.
Regponsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company law) you are
responsible lor the preparation of the accounts in accordance with the requirements of the Companies Act
20061.lhe 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination ol your charity's
accounts as carried out under Section 145 of the Charities Act 2011 Ilhe 2011 Act). In carrying out rny
examination I have followed the Direcb'ons given by the Charity Commission under Section 145151 Ib) ol the
2011 Acl.
Independent ?xaminer's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified lo undertake the examination because l am a member of the Association ol
Chartered Certilied Accountants, which is one of the listed bodies.
I have completed my examination. I confirm Ihal no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Seclion 386 of the 2006
Acl-, or
the accounts do not accord with those records. or
the accounts do not comply with ihe accounting requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination., or
the accounts have not been prepared in accordance with the methods and principles ol the Statement
ol Recommended Practice lor accounting and reporting by charities (applicable lo charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
ol Ireland IFFIS 1021).
I have no concerns and have come across no other matters in conneelion with the examination to which
attention should be drawn in this report in order lo enable a proper understanding ol the accounts to be
reached.
Colin Airey FCCA
The Association ol Chartered Certrfied Accountants
George Hay Partnership LLP
Chartered Accountants
Brigham House
High Street
Biggleswade
Bedlordshire
SG18 OLD
Date: .......l.i./.ii /. Zo2£t..........
Page 8

Putnoe Woods Preschool Llmlted
Statement of Flnaneial Activities
for the Year Endod 31 July 2024
31.7.24
Total
funds
31.7.23
Total
funds
Unrestricted Reslricled
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
121
Charitable actlvltles
Early Years Care & Educath'on
261,167
273,310
534,477
498,818
Other trading activities
Investment income
2,026
5,551
2.026
5,551
2,839
3,120
Total
268 744
273,310
542.054
504,898
EXPENDITURE ON
Charitable activlties
Early Years Care & Education
Support Costs
234.319
24,802
245,373
20,223
479,692
45,025
459,285
44,480
Totsl
259,121
265 596
524717
503,765
NEf INCOME
9,623
7,714
17,337
1.133
RECONCILIATION OF FUNDS
Tolal funds brought forward
286,387
75.350
361,737
360.604
TOTAL FUNDS CARRIED FORWARD
296,010
83.064
379,074
361.737
The notes tomi part of these financial statements
Page 9

Putnoe Woods Preschool Llmlted
Balanco Shoot
31 July 2024
31.7.24
Tolal
funds
31.7.23
Total
funds
unreStr￿ted Restricted
fund
funds
Notes
FIXED ASSETS
Tangible assets
12
24,822
24,822
30.311
CURRENT ASSETS
Debtors
Cash in hand
13
241
284,176
21.419
66,744
21,660
350,920
15,244
328.045
284.417
88,163
372,580
343,289
CREDITORS
Amounts falling due within one year
14
(13,2291
(5,099)
118.3281
111,8631
NET CURRENT ASSErs
271,188
83,064
354,252
331,426
TOTAL ASSETS LESS CURRENT
LIABILITIES
296.010
83.064
379,074
361,737
NET ASSErs
296010
379 074
361,737
FUNDS
Unrestricted funds
Restricted lunds
15
296,010
83,064
286,387
75,350
TOTAL FUNDS
379,074
361,737
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 July 2024.
The members have not required the company to obtain an audit ol its financial statements for the year ended
31 July 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
lal
ensuring that the charrtable company keeps accountrng records that comply with Sections 386 and
387 of the Companies Act 2006 and
Ibl preparing financial slalements which give a true and fair view of the stale of affairs of the charitable
company as at the end ol each financial year and of ils surplus or deficit for each financial year in
accordan¢e with the requirement5 01 Sections 394 and 395 and which othetwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regim8.
The financial statements were approved by the Board of Trustees and authorised lor issue on
and were signed on its behalf by..
Mr K Dimelow- Trustee
The notes form part of these financial statements
Page10

Putnoe Woods Preschool Limlted
Cash Flow gAatement
for the Year Ended 31 July 2024
31.7.24
31.7.23
Notes
Cash flows from operating activitles
Cash generated from operations
17,324
15,4111
Net cash provided byllused inl operating activities
17,324
15,4111
Cash flows from investlng artivities
Purchase ol tsngible fixed assets
Interest received
16,391)
3,120
5,551
Net cash provided byl(used inl investing activities
5.551
13.2711
Change In cash and cash equivalents
in the reporting period
Cash and cash equivalents atthe
beginning ol the reporting period
22,875
18,6821
328,045
336 727
Cash and cash equivalents at the 8nd
of the reporting period
350,920
328,045
The notes form part of these financial statements
Page11

Putnoe Wood8 Preschool Llmrted
Notes to the Cash Flow Statement
for the Year Ended 31 July 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.7.24
31.7.23
Net income for Ihe reportlng poriod las per the Ststement of
Financial Actlvltles)
Adjustments foi:
Depreciation Charges
Interest received
Increase in debtors
Incieaselldecreasel in creditors
17,337
1,133
5,489
15,5511
16,4161
6,465
5,605
13,1201
17.0501
11.9791
Net cash provided byl(used In) operalions
17,324
15.411)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.8.23
Cash flow
At 31.7.24
Net cash
Cash at bank and in hand
328,045
22,875
350,920
328,045
22,875
350,920
Total
328,045
22,875
350,920
The not8s form part of these financial slalements
Page 12

Putnoo Woods Pregchool Limited
Notes to the Financial Statements
for the Year Ended 31 July 2024
ACCOUNTING POLICIES
Ba$ls of preparing the flnanclal statements
The financial statements of the charitable company. which is a public benefi'l entity und8r FRS 102,
have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Fleporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
In¢ome
All income is recognised in the Statement ol Financial Activities once the charity has enlillement lo the
funds, il is probable that the income will be received and the amount can be measured reliably.
Funding and non funding income is received from Bedford Borough Council and parentslguardians
respeclivety. The income is recognised in the peric* for which the funding relates.These are included
in the Slalement ol Financial Activities when..
*he charity becomes entitled lo the resources
'il is more likely than not Ihal the trustees will receive the resources
he monetary value can be measured wrth sufficient reliability.
Non funding income is received from parentslguardians and is recognised in the period for which the
funding relates
Fundraising ar7d donations are re¢ognised on a receivabl8 basis where receipt is probable and the
amount can be reliably measured.
Capital Grants are Tecognised when there is enh'tlement and are no deferred over the life ol the asset
on which they are expended. Unspent amounts of capital grant are rellecled in the balance in the
reslricled fixed asset fund.
Government grants are recognised at the fair value ol the asset received or receivable when therg IS
reasonable assurance that the company will comply with conditions attaching lo them and the grants
will be received using the accruals model.
Expendllure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, il is probable that a Iransler of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditurg is
accounted lor on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of cosls
The costs are apportioned between reslricled and non restricted funds based on the percentage ol
income received as funding and non funding fees.
Tangible fixed assets
Tangible fixed assets are stated al cost lor deemed costl or valuation less accumulated depreciation
and accumulated impairment losses. Cost includes cosls directly attributable lo making the asset
capable ol operating as intended. These are Capitalised if they can be used for more than one year.
Depreciation is provided on all tangible fixed assets. at rates calculated to write off the cost, less
ests"Tnated residual value, ol each asset on a syslemali¢ basis over its exp8eted useful life as follows
Improvement to propety 10% on Cost
Computer Equipment
33% reducing balance.
Page 13
conlinued..

Putnoo Woods Preschool Limited
Notes to the Financlal StatemeTrt8 - continued
for the Year Ended 31 July 2024
ACCOUNTING POLICIES - ¢ontlnued
Taxation
The charity is exempt from corporation lax on its charitable activiti8s.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives al th8 discretion of the
Iruslees.
Reslricled funds can only be used for particular restricted purposes wf(hin the objects ol the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation ol the nature and purpose of ea¢h fund is included in the notes to the financial
statements.
Pension costs and other post-relirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged lo the Statement of Financial Activities in th8
period to which they relate.
Debtorslcredltorg receivablelpayable withln one year
Debtors and Creditors with no slated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairmenl are recognised in the profil and loss
accounts in other administration expenses.
DONATIONS AND LEGACIES
31.7.24
31.7.23
Donations
121
OTHER TRADING ACTIVITIES
31.7.24
31.7.23
Fundraising events
2,026
2.839
INVESTMENT INCOME
31.7.24
31.7.23
Deposit account interest
5.551
3.120
Page 14
continued...

Putnoe Woods Preschool Limited
Notes to the Flnancial Statsments - continued
forthe Year Ended 31 July 2024
INCOME FROM CHARITABLE ACTIVITIES
31.7.24
31.7.23
Activity
Funding
Early Years Care & Education
273,IxJ6
225,230
Non-Funded Fees
Early Years Care & Education
261,167
273,364
Milk Refund
Early Years Care & Educaknon
304
224
534.477
498.818
CHARITABLE ACTIVITIES COSTS
Support
Costs (see
note 71
Direct
Costs
Totals
Early Years Care & Education
479,692
479,692
Support Costs
11191
45,144
45,025
479,573
45,144
524.717
SUPPORT COSTS
Governance
costs
Managemenl
Finance
Other
Totals
Support Costs
36.428
5,489
3,219
NET INCOMEIIEXPENDITURE)
Net incomellexpendituiel is staled after charginollcrediting}'.
31.7.24
31.7.23
Independent Examiners Fee
Depreciation - owned assets
3.219
5.489
3,163
5,605
Page 15
continued...

Putnoe Woods Pregchool Limited
Notes lo the Flnanclal Statements - ¢ontinued
for the Yoar Ended 31 July 2024
TRUSTEES, REMUNERATION AND BENEFITS
There w8re no trustees, remuneralion or other bengfils for the year ended 31 July 2024 nor lor the
year ended 31 July 2023.
Trustees. expenges
There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended
31 July 2023.
10. STAFF COSTS
31.7.24
31.7.23
Wages and salaries
Social security costs
Other pension costs
399,844
20,255
9,500
388.982
18,292
9,094
429.599
416,368
The average monthly number ol employees during the year was as follows..
31.7.24
24
31.7.23
26
Employees
No employeès received emoluments in excess of £60,0(X).
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
121
121
Charitable activltles
Early Years Care & Education
273,588
225,230
498,818
Other trading activities
Investment income
2,839
2,839
3,120
Total
279,668
225,230
504,898
EXPENDITURE ON
Charitable actlvitie$
Early Years Care & Education
Support Costs
256,712
27,375
202,573
17,105
459,285
44,480
Total
284,087
219,678
503,765
NET INCOMEIIEXPENDITUREI
14.4191
5,552
1.133
Page 16
continued..

Putno8 Woods Preschool Limited
Noles to the Financial Statements - contlnued
for the Year Ended 31 July 2024
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
fund
funds
Total
funds
RECONCILIATION OF FUND8
Total funds brought forward
290,806
69,798
360,604
TOTAL FUNDS CARRIED FORWARD
286,387
75,350
361,737
12. TANGIBLE FIXED ASSETS
Improvemenls
to
propetty
Computer
equipment
Totals
COST
At 1 August 2023 and 31 July 2024
52,528
5.106
57,634
DEPRECIATION
Al 1 August 2023
Charge for year
22,933
5,253
4.390
236
27,323
5,489
At31 July 2024
28,186
4.626
32,812
NET BOOK VALUE
At31 July 2024
24,342
24,822
At31 July 2023
29,595
716
30,311
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24
31.7.23
Sundry Debtors & Prepayments
21,660
15,244
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24
31.7.23
Social security and other taxes
Sundry Creditors & Ac¢rLJals
5,321
13,007
1.982
9.881
18,328
11,863
Page17
continued...

Putnoe Woods Preschool Limited
Notes to the Flnanelal Statorngnts - continued
for the Year Ended 31 July 2024
15. MOVEMENT IN FUNDS
Net
movement
in funds
Ai
31.7.24
At 1.8.23
Unrestricted lunds
General fund
286,387
9,623
296,010
Restricted funds
Childcare Provision
75,350
7,714
83.064
TOTAL FUNDS
361,737
17,337
379.074
Net movement in funds, included in the above are as follows..
Incoming
resources
Resourc8S
expended
Movement
in funds
Unre$trl¢ted funds
General tund
268,744
1259.1211
9,623
Restricted funds
Childcare Provision
273,310
1265.5961
7,714
TOTAL FUNDS
542,054
1524,7171
17.337
Comparatives for movement in funds
Net
movement
in funds
At
31.7.23
Al 1.8.22
Unr¢stri¢ted funds
General fund
290,806
14.4191
286,387
Restricted funds
Childcare Provision
69,798
5,552
75,350
TOTAL FUNDS
360,604
1,133
361,737
Page18
continued...

Putnoe Woodg Pres¢hool Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 July 2024
15. MOVEMENT IN FUNDS- conllnued
ComparatlV8 net movement in funds, included in the above are as follows:
Incoming
resourGes
Resources
expended
Movement
in funds
Unre$tri¢ted funds
General fund
279,668
1284.0871
14,4191
Restricted funds
Childcare Provision
225,230
1219,6781
5,552
TOTAL FUNDS
504,898
1503,7651
1,133
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in lund8
At
31.7.24
At 1.8.22
Unreslricted funds
General fund
290,806
5,204
296.010
Restricted funds
Childcare Provision
69,798
13,266
83,064
TOTAL FUNDS
360,604
18,470
379 074
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unre$tri¢ted funds
General fund
548,412
1543,208)
5,204
Restrlcted lunds
Childcare Provision
498,540
1485,2741
13,266
TOTAL FUNDS
1.046 952 (1,028,482)
18.470
Page19
continued...

Putnoe Woods Pres¢hool Limited
Notes to the Financial Staiementg- contlnued
forthe Year Endod 31 July 2024
16. OTHER FINANCIAL COMMThMENTS
Financial ¢ommrtments at 31 July 2024 amounled lo £7.20012023 £8,400).
17. RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 July 2024.
Page 20

Putnoe Woods Preschool Limited
Detalled Statement of Flnancial Activiti8s
for the Year Ended 31 July 2024
31.7.24
31.7.23
INCOME AND ENDOWMENTS
Donations and legacleg
Donations
121
Other trading activitie8
Fundraising events
2,026
2,839
Investment Income
Depostt account interest
5,551
3.120
Charitable activities
Funding
Non-Funded Fees
Milk Refund
273,006
261,167
304
225,230
273,364
224
534,477
498,818
Total incoming regources
542,054
504,898
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Staff costs and training
Sundry Payments
Food Supplies
Washroom Consumables
Maintenance
Education Consumables
Reprographic & Stationary
Computers & Telephone
Equipment
399,844
20,255
9,500
3,366
1,073
12,334
4,763
6,281
9,857
3,985
2,009
6,306
388,982
18,292
9,094
3,222
1,983
12,339
5,345
4,797
6,718
4,636
1,736
2,141
479,573
459,285
Support costs
Management
Rent
Insurance
Safety Check
Hygiene Contracts
Security & Fire Contracts
1,200
3.269
442
14,877
1,079
6,679
1,200
2,526
403
14,196
2,402
6,808
718
7,450
Olsledlcompanies House
Professional Services
8,214
36.428
35,703
This page does not form part ol the statutory financial statements
Page 21

Putnoe Woods Preschool Limited
Dotsiled SLitement of Flnanclal Actlvltles
for tho Year Endod 31 July 2024
31.7.24
31.7.23
Management
Finance
Bank charges
Other
Improvements to propety
Computer equipment
5,253
236
5.253
352
5,489
5,605
Governance costs
Independent Examiners Fee
3,219
3,163
Total resources expended
524,717
503,765
Net income
1,133
This page does not form part of the slalulory financial statements
Page 22