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← Barnett Wood Pre School

2025-08-31-accounts

Charity registration number 1146378 (England and Wales) Company registration number 07827217

BARNETT WOOD PRE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

BARNETT WOOD PRE SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr M L Tiley (Chair)
Mrs E J Deighton (Employee and Parent
Liaison/Health & Safety)
Mrs SMLeyland (Curriculum and Inspection)
Secretary Mr M L Tiley (Chair)
Charity number 1146378
Company number 07827217
Principal address 213 Barnett Wood Lane
Ashtead
Surrey
KT21 2DF
Registered office 213 Barnett Wood Lane
Ashtead
Surrey
KT21 2DF
Independent examiner Linda Dunford FCCA CTA
Warner Wilde Limited
Chartered Certified Accountants
4 Marigold Drive
Bisley
Surrey
GU24 9SF
Bankers Santander - Bootle
Bootle
Merseyside
L30 4GB

BARNETT WOOD PRE SCHOOL

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5-6
Balance sheet 7
Notes to the financial statements 8 - 18

BARNETT WOOD PRE SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting 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 (FRS 102) (effective 1 January 2019)".

Objectives and activities

The pre-school's objectives are to enhance the development and education of children under statutory school age. The policies adopted in furtherance of these objects are to operate a pre-school and there has been no change in these during the year.

Public benefit

The trustees have paid due regard to guidance on public benefit issued by the Charity Commission in deciding what activities they should undertake.

Achievements and performance

Significant activities and achievements against objectives

The trustees, management and staff have once again worked tirelessly to ensure we provide an excellent level of care, early learning and development for all the children attending our setting.

We have worked, through frequent changes in government guidance, in particular the new regulations around the charging and transparency costs to parents which were announced in February 2025. The setting continues to offer Working Parent Entitlement in the most flexible way that it can for parents, ensuring that parents receive the best value for money they can.

The setting continues to work with Surrey County Council's Early Years team, ensuring that all our practitioners are following the latest techniques and guidelines. In addition, the setting continues to work with local schools to ensure a smooth transition for the children to their new setting.

Once again, the setting has identified high numbers of children with Special Educational Needs during this period and has worked with families and professionals to ensure that the needs of these children are met and that, where applicable, the children move to their next setting with the necessary support plans in place.

The setting is fortunate to receive an excellent level of support and engagement from parents who have children at the preschool. This continues to create a positive partnership to support the continuing development of all children at the setting.

Financial review

Incoming resources amounted to £397,636 for the year (2024: £363,729), which results in a surplus of £26,731 (2024: £26,495). Once again, the setting had high levels of fundraising and grant funding which contributed to this surplus.

Designated reserves carried forward are £57,368 (2024: £57.938).

Unrestricted reserves carried forward amount to £184,508 (2023: £153,207).

BARNETT WOOD PRE SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Reserves policy

The trustees' current reserves policy is to maintain sufficient financial reserves which are no less than 6 months' worth of running costs. However, operating in excess of this is considered prudent at this time when considering the increased costs and uncertainty over the impact that the new Working Parent Entitlement will have on the setting's overall finances.

The charity's principal source of income is from Surrey County Council in the form of grants for children within the funding bracket for Early Years funding, together with fees from parents not covered by council funding. Fees are invoiced termly.

In recent years the increase to National Living Wage and energy prices have not been entirely mitigated by increases in the funding received from Surrey County Council. Therefore, to ensure the continued viability of the setting. we have no option but to ask charge funded children a 'sustainability fee' to cover the cost of consumables as well as holding fundraising events in order to ensure that we can continue to offer the high level of childcare and the variety of activities that we have done in the past. Further increases in the National Living Wage and employer's National Insurance rates will continue to impact the setting's finances.

Major risks

The trustees have assessed the major risks to which the pre-school is exposed, and are satisfied that systems are in place to mitigate exposure to these.

Plans for future periods

The preschool continues to work from a very sound financial foundation which will provide us with the opportunity to assess how we can improve our facilities and resources to further enhance our early years aims and ambitions.

During the year 2024-2025 the setting has undertaken extensive maintenance work to the building from which it operates, including replacement of the floor and subfloor (due to undulations following a flood in 2019), and replacement of the internal bifold doors which had reached the end of their life. The setting is also exploring the feasibility of installing solar panels on its roof, to improve its environmental sustainability and mitigate day-to-day running costs through lower energy bills.

The preschool directors are committed to ensuring that staff members receive the training and support they need to fulfill their role within the setting.

Structure, governance and management

The charity is a company limited by guarantee.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr M L Tiley (Chair)

Mrs E J Deighton (Employee and Parent Liaison/Health & Safety)

Mrs S M Leyland (Curriculum and Inspection)

Recruitment and appointment of trustees

The formal process for appointment of trustees is set out in section 5 of the Articles of Association.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. New trustees are invited for a tour of the premises and talk to a director about the ethos of the Pre-School and how it runs.

BARNETT WOOD PRE SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Organisational structure

The running of the pre-school on a day to day basis is delegated by the trustees to a manager, Mrs Louise Pruthi supported by a team of staff. The management committee provides management support and direction to the group leader. They are also responsible for raising funds and ensuring fees and grants are received in good time. Fundraising activities are organised by parents to augment the funds of the playgroup.

The charitable company was incorporated on 28 October 2011 and began its activities on 6 April 2012.

The trustees' report was approved by the Board of Trustees. - ? . .... Mr ML ey (C a ) Trustee 2-,, 2-(p

Date: ......

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BARNETT WOOD PRE SCHOOL

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF BARNETT WOOD PRE SCHOOL

I report to the trustees on my examination of the financial statements of Barnett Wood Pre School (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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:

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 financial statements to be reached.

Linda Dunford FCCA CTA

Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF Date: 23/03/26

BARNETT WOOD PRE SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Current financial year Unrestricted Unrestricted Total Total
funds funds
general designated
2025 2025 2025 2024
Notes £ £ £ £
Income and endowments from:
Donations and legacies 3 282,742 - 282,742 227,396
Charitable activities 4 101,064 - 101,064 124,815
Other trading activities 5 - 1,925 1,925 3,665
Investments 6 7,566 - 7,566 4,372
Other income 7 4,339 - 4,339 3,481
Total income 395,711 1,925 397,636 363,729
Expenditure on:
Raising funds 8 1,049 - 1,049 1,311
Charitable activities 9 361,879 7,977 369,856 335,923
Total expenditure 362,928 7,977 370,905 337,234
Net income/(expenditure) 32,783 (6,052) 26,731 26,495
Transfers between funds (1,482) 1,482 - -
Netmovement in funds 1 31,301 (4,570) 26,731 26,495
Reconciliation of funds:
Fund balances at 1 September 2024 153,207 57,938 211,145 184,650
Fundbalancesat31August2025 184,508 53,368 237,876 211,145

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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BARNETT WOOD PRE SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Prior financial year Prior financial year Unrestricted Unrestricted Total
funds funds
general designated
2024 2024 2024
Notes £ £ £
Income and endowments from:
Donations and legacies 3 227,396 - 227,396
Charitable activities 4 124,815 - 124,815
Other trading activities 5 - 3,665 3,665
Investments 6 4,372 - 4,372
Other income 7 3,481 - 3,481
Total income 360,064 3,665 363,729
Expenditure on:
Raising funds 8 1,311 - 1,311
Charitable activities 9 326,596 9,327 335,923
Total expenditure 327,907 9,327 337,234
Net income/(expenditure) 32,157 (5,662) 26,495
Transfers between funds (5,000) 5,000 -
Net movement in funds 11 27,157 (662) 26,495
Reconciliation of funds:
Fund balances at 1 September 2023 126,050 58,600 184,650
Fundbalancesat 31August2024 153,207 57,938 211,145

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The financial statements were approved by the trustees ON .........c 12/03/26

BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ee 1 Accounting policies

Charity information

Barnett Wood Pre School is a private company limited by guarantee incorporated in England and Wales. The registered office is 213 Barnett Wood Lane, Ashtead, Surrey, KT21 2DF.

1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting 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 (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

a] Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Buildings 10 years straight line Fixtures, fittings & equipment 3 years straight line, 5 years straight line Computers 3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. if any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct Jabour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price Jess all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current fiabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recagnised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently measured at the cash or other consideration expected to be received and not discounted.

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Basic financial liabilities are subsequently measured at the cash or other consideration expected to be paid and nat discounted.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

4.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Debtors and prepayments are recognised at the amount due.

Creditors are recognised where the charity has a present obligation arising from a past event and the amount can be reliably measured or estimated.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 110 67
Grants 282,632 227,329
282,742 227,396
Grants
EarlyYears grant funding 248,475 194,751
Other grants 34,157 32,578
282,632 227 329
4 Income from charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable activities
Fees 101,064 124,815
§ Income from other trading activities
Unrestricted Unrestricted
funds funds
designated designated
2025 2024
£ £
Fundraising events 1,925 3,665
6 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interestreceivable 7,566 4,372

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

7 Other income

----- Start of picture text -----
||||| |---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Other|income|4,339|3,481|

----- End of picture text -----

8 Expenditure on raising funds

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising|and|publicity| |Advertising|-|18| |Other fundraising|costs|585|781| |585|799| |Trading|costs| |Other|trading|activities|464|512| |Total|costs|1,049|1,311|

----- End of picture text -----

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

9 Expenditure on charitable activities

Charitable Charitable
activities activities
2025 2024
£ £
Direct costs
Staff costs 304,586 269,157
Depreciation and impairment 6,331 6,613
Rent and insurance 9,648 9,553
Electricity 4,690 4,118
Phones 490 503
Maintenance and cleaning 17,136 16,340
Children's activities and equipment 9,923 13,361
General expenses 7,561 7,991
Office costs 1,226 1,108
Other staff costs 5,118 5,463
External suppliers - Children's activities 80 255
366,789 334,462
Share ofsupport and governance costs (see note 10)
Governance 3,067 1,461
369,856 335,923
Analysis by fund
Unrestricted funds - general 361,879 326,596
Unrestricted funds - designated 7,977 9,327
369,856 335,923
Support costs allocated to activities
2025 2024
£ £
Governance costs 3,067 1,461
Analysed between:
Charitable activities 3,067 1,461
2025 2024
Governance costs comprise: £ £
Independent Examiner 1,224 1,200
Other governance costs 1,843 261
3,067 1,461

10 Support costs allocated to activities

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

11 Netmovement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation ofowned tangible fixed assets 6,331 6,613
12 Trustees
None of the trustees (or any persons connected with them) received remuneration during the year. 2024:
none.

None of the trustees received reimbursement of expenses during the year. 2025: 1 trustee was reimbursed £47,

  1. Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Management 2 2
Childcare 9 9
Admin 1 1
Total 12 12
Employment costs 2025 2024
£ £
Wages and salaries 248 586 236,138
Social security costs 24,762 9,330
Other pension costs 31,238 23,689
304,586 269,157

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel Defined as the manager, deputy manager and office manager roles.

2025 2024
£ £
Aggregate compensation 136,143 112,250

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

14 Taxation

The charity is exempt from taxation on its activities because ail its income is applied for charitable purposes.

15 Tangible fixed assets

15 Tangible fixed assets
Buildings Fixtures,
fittings &		 Computers Total
equipment
£ £ £ £
Cost
At 1 September 2024 40,520 24,047 5,176 69,743
Additions - 2,851 - 2,851
Disposals - (888) (1,150) (2,038)
At 31 August 2025 40,520 26,010 4,026 70,556
Depreciation and impairment
At 1 September 2024 27,021 19,398 4,223 50,642
Depreciation charged in the year 4,052 1,765 514 6,331
Eliminated in respect of disposals - (888) (1,150) (2,038)
At 31 August 2025 31,073 20,275 3,587 54,935
Carrying amount
At 31 August 2025 9,447 5,735 439 15,621
At 31 August 2024 13,499 4,647 952 19,098
16 Stocks
2025 2024
£ £
Finished goods and goods for resale 1,811 1,453
17 Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors 958 1,734
Other debtors 15,280 -
Prepayments and accrued income 2,111 2,087
18,349 3,821

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

eee

18 Creditors: amounts falling due within one year Creditors: amounts falling due within one year
2025 2024
Notes £ £
Othertaxation and social security 2,017 3,842
Deferred income 19 104,751 ~
Trade creditors 16,428 3,128
Other creditors
Accruals		 -
47,021		 37,169
45 687
170,217 89,826
19 Deferred income
2025 2024
£ £
Other deferred income 104,751 -
Deferred income is included in the financial statements as follows:
2025 2024
£ £
Deferred income is included within:
Current liabilities 104,751 -
Movements in the year:
Deferred income at 1 September 2024 - -
Resources deferred in the year 104,751 -
Deferred income at 31 August 2025 104,751 -
20 = Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Chargetoprofitorlossinrespectofdefinedcontributionschemes 31,238 23,689

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

ee

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

21 ~+‘Unrestricted funds - designated

These are unrestricted funds which are material to the charity's activities.

At Incoming Resources Transfers At 31 August
September resources expended 2025
2024
£ £ £ £ £
SEN Planned Expenditure 2,448 - - - 2,448
Leasehold Improvement Fund 10,979 - (4,052) - 6,927
Training Fund 18,298 - - - 18,298
Fundraising Fund 1,213 1,925 (3,925) 1,482 695
Maintenance Fund 25,000 - - - 25,000
57,938 1,925 (7,977) 1,482 53,368
Previous year: At1 Incoming Resources Transfers At 31 August
September resources expended 2024
2023
£ £ £ £ £
SEN Planned Expenditure 2,806 - (358) - 2,448
Leasehold Improvement Fund 15,031 - (4,052) - 10,979
Training Fund 18,297 - - - 18,297
Fundraising Fund 2,466 3,665 (4,917) - 1,214
Maintenance Fund 20,000 - - 5,000 25,000
58,600 3,665 (9,327) 5,000 57,938

SEN Planned Expenditure

The Planned Expenditure Reserve has been set aside for children with special needs.

Leasehold Improvement Fund

The Leasehold Improvement Fund is to cover improvements such as the provision of a reading room and the development of the playground area. The fund will be expended in line with annual depreciation for the associated assets.

Training Fund

The Training Fund has been set up to provide resources for the Pre School to offer level 3 training for up to two staff a year for a period of 5 years encouraging retention through training and development.

Fundraising fund

The fundraising fund represents monies raised by fundraising set aside for the purchase of play equipment.

Maintenance fund

The Maintenance fund has been set up to provide funds for future repairs.

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BARNETT WOOD PRE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

eee

22 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
September		 Incoming
resources		 Resources
expended		 Transfers At 31 August
2025
2024
£ £ £ £ £
General funds 153,207 395,711 (362,928) (1,482) 184,508
Previous year: At1
September		 Incoming
resources		 Resources
expended		 Transfers At 31 August
2024
2023
£ E £ £ £
Genera! funds 126,050 360,064 (327,907) (5,000) 153,207
~=Analysis of net assets between funds
Unrestricted Unrestricted Total
funds funds
general designated
2025 2025 2025
£ £ £
At 31 August 2025:
Tangible assets 15,451 170 15,621
Current assets/(liabilities) 169,057 53,198 222,255
184,508 53,368 237,876
Unrestricted Unrestricted Total
funds funds
general designated
2024 2024 2024
£ £ £
At 31 August 2024:
Tangible assets 18,508 590 19,098
Current assets/(liabilities) 134,699 57,348 192,047
153,207 57,938 211,145

23 ~=Analysis of net assets between funds

24 _ ~Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

eee

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