REGIsfERED COMPANY NUMBER: 07916241 (England and Wales)
REGIsfERED CHARITY NUMBER: 1146542
Trustees. Report and
Financial Statements
for the Year Ended 31 August 2024
The Aldershot Garrison Pre-sthool
Settings

The Aldershot Garrison Pre-school
Settings
Contents of the Financial Ststements
for the Year Ended 31 August 2024
Page
Trustees, Report
I to 9
Report of the Independent Auditors
10 to 13
Statement of Financial Activities
14
Statement of Financial Position
15
Statement of Cash Flows
16
Notes to the Statement of Cash Flows
17
Notes to the Finanaal Statements
18 to 25

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
The trustees who are also directors of the charTty for the purwses of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of
Accounting and Reporting by Chartties: Statement of Recommended practi￿ applicable to charities preparing their
accounts in accordance with the Financial Re￿rtIng Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJEcfIvES AND AcrIvrrIES
Objectives and aims
The objertives of the charity as set out in the companys articles of ass(xiation are to:
provide non-public day nursery facilities and non-publidy funded early years education for children under five years of
age of seNice personnel and qualifying civilian staff;
enhance the development and education of children primarily under the statutory school age by wothng in partnership
with parents to understand and provide for the needs of their children.
Children aged 2, 3 and 4 years are able to acces5 free earfy years education through govemment fvnding.
For the purposes of this d(tument seNice personnel shall mean serving unifomied personnel of the armed forces of the
Crown and qualifying civilians shall mean ￿rsonnel who are wholly or mainly engaged in activities which directly support
the seNing personnel of the Aldershot Ganison.
The objectives are achieved through the operation of I nursery and 2 pre-schools setknngs in the vicinity of the Aldershot
Garrison.
We will achieve the chartty's objecttves by wothng dosely wtth the Chief Executive and individual setttngs managers to
maintsin stringent Human Resource practices to ensure that we comply across the board with all local government
standards and standards set by Otsted. By achieving these targets, we will ensure that our military families are provided
with outstsnding nursery care at an affordable rate which CoM￿eS Strong￿ wrth the local mart(et.
Page I

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
OBJEcfIvES AND ACtIvtrIES
Significant activities, achievement and perforniance
Chief Executive Julie Mounfield has seryed in her role for nea￿ four years. Over the past year, all three settings have
continued to experience significant and tK)Sitive transfomiations.
Clocktower Pre-sdiool and School Club Transition
In August 2023, a new Manager and Deputy Manager were appointed at C1￿kt0wer Pre-school, offficially starting their
roles in SeptemLer 2023.
One of the key challenges during the year was the operation of the aocktower School aub, which faced substantial
financial losses eath month due to low attendance from local schools. Addits'onally, staffing shortages made it
increasingly difficult to sustain the breakfrdst and after-schcK)I supwrt.
To address these challenges, the Chief Execubve conducted consultations with parents and local schools to explore the
best ways to support militsry families. Following these discussions, rt was detemiined that the club would close in July
2024. From September 2024, Madborough Sch(x)I will assume responsibility for its own breakfast and after-sch(K)I club,
ensuring continued support for families in the community.
Queen Mary's Nursery U￿ate
A Deputy Manager has been aptx)inted at Queen Mary's Nurseryi however, retaining individuals in this full-time role
remains a challenge due to the demanding nature of the positi'on.
The nursery continues to experien￿ growth, with an increasing number of children attending ftjll-time, year-round.
While there is currently a waiting list, recrutting full-time staff to meet this demand has proven difficult.
Despite these challenges, Queen Mary's Nursery recenuy underwent a successful Otsted inspectton as part of the routine
review process. The staff performed exceptionally well, and we were delighted wrth the positive feedback received.
Toye Box Update
In january 2024, a new Manager and Deputy Manager commenced their roles at Toye Box. The Pr&school is currently
operating at full capacity, with a waiting list for new admissions.
This year, 800/0 of the children enrolled are from Nepalese backgrounds. To supwrt families where English proficiency is
limited, we are fortunate to have a qualified Nepalese Early Years Practttioner on staff, who is committed to assisting
both children and their families in navigating language ba￿lers.
The settings numbers of children were as follows:
Clocktower {Ct)
Sept 23- 52 children
July 24: 72 children
Queen Mary's Nursery (QMN)
Sept 23- 67 children
July 24: 77 children
ToyeBox Pre-school (TB)
Sept 23- 75 children
July 24: 84 children
The per￿ntage of children at the period end whose parents are military are as follows for each of the settings.
QMN- 65010 (2023- 76 % )
TB: 71010 (2023.. 84010)
720/0 (2023- 810/0)
Organisational Updates (September 2023 - August 2024)
Several key changes have been implemented over the past year to enhan￿ operab'onal efficiency and support across all
settings-
Page 2

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
OBJEcfIvES AND ACtIvtrIES
The Chief Executive has continued to utilise Peninsula HR servI￿s, which have proven to be an invaluable resour￿ for
managers. Additionally, access to Croner-i, an affiliate of Peninsula, has been secured. Croner-i provides comprehensive
policies and essential infomiation to support the settings.
All managers continue to use BrightHR, whith remains an essential t￿1 for HR management, employment guidance,
and health and safety advice.
-Policies are wiitten and updated by the Chief Executive on a regular basis. Implemented by the setting manager.
-The Garrison Fire Safety Officer has been to Visit each of the seth'ngs to ensure that we are compliant. These visits have
highlighted some minor concerns and we now have a txx)k to complete daily and monthly checks, with the Garrison
safety officer visiting ￿lce per year.
-our staff recognition scheme continues to be well received and staff do appreciate 3 hours off wort( for free if staff have
been nominated for going aLK)ve and beyond in their role. This is voted by peer nominations.
-we offer paid annual leave on staff birthdays, stsff have completed their probation period.
- We offer a staff shopping half day at Christmas as recognibon for hard work throughout the year. Trustees agreed to
reward all staff with a £30 voucher for Christmas to say thank you, this was very well received by all staff. Support staff
received a £10 voucher and gift pack.
As an incentive to all our staff to continue wtth ContinLK)us Professional tkvelopment (CPD) if they complete 5 hours of
Nocxjle Now Courses online they will receive 3 hours TOIL as recogniti'on.
-All managers and deputies who regularfy work at computers receive a yearfy Co￿￿rate eye test voucher.
-The staff handbook is reviewed and updated ternily by the chief Executive, all staff must sign and date to acknowledge
they have read and understand.
-All staff contratts continuously reviewed with a 6 month probation ￿ncKj and 8 weeks, noti￿ period on resignation.
-Garrison Standing Order and Business Continuty plan written and published with Aldershot Garrison Headquarters.
-we continue to offer the Employee Assistance pr(yJramme - free for all stsff to use, this is to supw)rt them professionally
or personally. This is a perk for staff and is completely confidential.
-continued with our quarterly advertising in the Ganison magazine, all managers write artides each term.
-Increased social media presence, this is updated da1￿ and has heltEd build the reputstion of the chaiity.
-website is continually being reviewed and UFKlated.
-managers, stsff and children are going on BFBS Trdio bi-monthly to promote their setb'ngs.
-First Aid training for all staff completed. Provided parents ￿cesS to First Aid on-line training for free.
-Enhanced Safeguarding training completed for all Managersldeputies and supwrt Staff.
-Tighter/fairer pro￿sseS have tEen lntr¢￿uced with regards to recwits'ng and inteNiewing.
-we no longer use agency staff, we currendy have 8 'supFOrt staff who WO￿ for us at short notice if required.
-Each setting is responsible for organising their own fundraising, this indudes sponsored walks, photographer, Christmas
jumper dayi etc. The settings have done very well with this and have been able to use these funds to buy equipment for
their setting.
-Regular managers meeb'ngs continue to ensure our managers feel valued and 5UPPOrted.
Page 3

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
OBJEcfIvES AND ACtIvtrIES
-Annual performance reviews and bi-monthly meetings continues for all stsff, this is audtted by the Chief Executive.
-The trustees agreed that staff would receive a payrise in line wtth the national living wage from April 2024.
-Introduced a referral bonus for staff for current stsff rf they brought in a qualified level 3 prartitioner and that stsff
member passed their probation. We will offer £500.
-Introduced 50010 Staff discount for Childcare based on the days the staff attend. Calculates to IOO/o per worf(ing day -
I day per week - IO¥o
2 days per week - 200/0
3 days per week - 300/0
4 days per week - 40010
5 days per week - 500/0
Delivering public benefit
The charity provides public benefit through the provision and supwt of day care and earfy years education, in
accordan￿ with Ofsted regulations and standards, for children under 5 years of age, of serving uniformed members of
HM forces and qualifying civilian staff employed in supwrt of Aldershot Garrison. This is done in order to support and
give Confiden￿ to parents by delivering high qualty and tr)tally reliable day care and early years education service.
Militsry personnel are required to serve in operab'onal circumstan￿$ at short nots'ce and for prolonged periods and the
services undertaken by the charity allows ￿rSonnel to execute their duties. ￿ a result, the charity provides support to
their dependants and develops and maintsins morale and communty cohesion.
The trustees have paid due regard to the Charity Commission of England and Wales guidan￿ on public benefit when
deciding what activities the charity should undertake.
FINANCIAL REVIEW
Financial position
Gross incoming resources for the year amounted to £1,317,105 (2023-. £1,306,095), including £1,293,291 (2023-
£1,287,304) received in fees and Early Years Funding across the three setb'ngs.
Expenditure in the year amounted to £1,201,053 {2023: £1,149,464) of which £1,012,447 (2023: £958,496) related to
staff salaries, pension and employers NIC.
The main outgoings are staff costs that rdate direcdy to the provision of childcare and early years education. Stsff costs
represent 84¥0 (2023.. 83%) of total costs. The chartty occurs minimal administration costs and again in this period, did
not incur any premises costs. There is a standing order with the Garrison for continued use of the buildings free of
charge with relation to rent, rates, utiltbes and maintenance. The trustees have continued to ensure that all settings are
fitted with modern furnishings and play aids that challenge and sb'mulate children's leaming and development.
The net retained funds at the year-end were £877,965 (2023: £739,840), with a total of £405,565 (2023.. £307,650) held
in the designat&Y fund representing the RathLK)nes FY)rtfolio in line with the reserve tK)Iicy.
Following the introduction of the Chief Executive, subw4uent costs savings have been made and the level of children
increased at the settings. Results have improved and reseryes rebuilt. The Trustees, aim going fO￿ard are of making a
small surplus.
Principal sources of income
Local authority Eady Years Education Grants account for 58010 (2023: 58%) of all pre-school income. Only parents of the
children that do not qualify for grants for those attending in excess of the funded hours are charged fees.
At Queen Marys Nursery, which cares for thildren aged between 3 months and pr￿sCh(K)I age on a full time day care
basis, the Early Years Education Grant accounts for 32010 (2023: 29%) of income. Research shows that fees charged to
parents are significantty lower than those charged by private nurseries in the local area and lower than nurseries in other
garrison areas and therefore continue to offer value for money to parents.
At the discretion of the trustees, fees can waived on the grounds of welfare needs.
Page 4

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
FINANCIAL REVIEW
Investment policy and performance
Investment activities are managed in line with the requirements of the Twstee Act 2000. The trustees have appointed
Rathbones PIC as Investment Manager. The charity's investment wlicy is a low to medium-risk approach for the growth
of the portfolio of investments. The Investment Manager has totsl discretion conceming which investments are bought or
sold within the risk profile set by the trustees. During the year the charity altered its investment strategy, opting to invest
solely into a Rathbones managed collective investment fund to fc(us on capital growth. Income is reinvested back into
the fund.
The investment portfolio is seen as a long-temi investment. As at 31 August 2024 the tK)rtfolio was valued at £405,565
(2023: £307,650) with a total realised and unrealised gain of £22,073 (2023: Loss of £5,474) on the portfolio. The
charity also received £9,664 (2023: £8,041) of investment income from the fund during the year.
Reserves policy
The trustees, reserve policy is to have a level of reseryes, equating to at least 3 months average operats'ng costs. Based
on these financial statements, this is approximately £300,000. This excludes the RathtKJnes Investment Fund which is
designat&J to be held for capitsl growth and future use for one-off costs or special projects.
It is acknowledged that current charity reseNes are above this but it is proposed that this is used to fund part of the
future cost increases such as the employerfs national insurance rate rise to limit fee increases and help cover the early
years funding gap arising from the extension of free childcare.
PLANS FOR FUTURE PERIODS
We are looking to increase numbers in the baby unit at Queen Mary's Nursery. There is a waiting list but are struggling to
recruit full-time qualified staff. This is consistent with issues of recNitment across the childcare sector.
We would like to consider the 1ntrc￿Uction of branded unifornis for the children.
The plan going forward is to improve results by continuing efficiency gains and to maintain, and increase where possible,
the level of children at settings, in order to achieve a small surplus.
Also to reduce our level of debtors. We now have an app for parents to use so they can see their bill on their phone and
have improved our credit control procedures.
The aim is to tum the chartty into a su￿sSful business atKI to use monies made to invest in the staff with fair wages,
suitable training, and adequate sUPPOrt etc and to ensure our buildings are a￿ve stsndard with exciting, stimulating
resources to enhance all the children who attend and to ensure we can adequately meet their need in accordance with
the charity's objectives as set out in its artides of associab'on.
We have also intrcxjuced a consumable fee to all parents from September 2024. Consultstion evenings have taken place
with parents at all three settings.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a limited companyi limited by guarantee and holding tharitable ststus.
The company was established under a Memorandum of Ass(Kiation which esiablished the objects and powers of the
charitable company and is governed under its Articles of Ass￿la￿0n.
Page 5

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment trustees
The direttors of the company as defined by company law are also the chaiity's tnjstees for the pU￿)0seS of charity law
and under the company's Articles are known as the trust￿ and are referred to as trustees only throughout these
accounts.
The trustees of the company are found from the Offi￿r5 filing relevant on the staff of HQ Aldershot Ga￿lSOn, along
with trustee ￿presentatIOn from parents and staff.
Under the requirements of the Artides of Association the trustees must comprise the following:
a) at least one member of the Garrison.
b) at least one parent tnjstee; and
c) such other individuals as are co-opted by the trustees.
Following confirmation from 0F￿ED, pa￿nt trustees are no longer t￿Ing apTK)inted at the Charity Commission and
Companies House.
We introduced the following to ensure suitstle candidates are given resFonsibilities for the running of the nursery
settings-
-Personal Bio
-Interview by Chairls
-Taken to trustee committee for approval
-DBS checks
-EY2 forms
-Refe￿nCeS
-Trustee Guides (Charity Commission guidance TOR)
In the event of the company being wound up, trustees are required to contribute an amount not greater than £10.
The trustees who served during the year and up to the date of this re￿rt, are set out on page 8.
All trustees give their time voluntarily and received no beneffts from the tharity during the year for perfomiance of their
duties as trustees.
Decision making
The Chief Executive has overall financial authortty and meets wtth the trustees once a terni. The running of the nurseries
has been delegated to the managers, with support and guidan￿ from the Chief Executive.
The current Chief Execub've apkK>inted in October 2020, is Julie Mounfield.
Trustees are responsible for setting the pay of Key Management Per9)nnel.
Page 6

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have conducted a review of the major risks to which the chaty is exposed and where appropriate, systems
or procedures have been established to mitigate the risks the chartty frdces. All staff members are required to comply with
written policies that are common to all settings. Copies of kK>licies are available to all parents. Policies are regularly
reviewed to ensu￿ that they reflect the latest leglslationlguidan￿ and current child care practices. Decisions on matters
falling outside these policies are referred by superyisors to the Chief Executive and if necessary to the trustees. The Chief
Executive meets ￿gUlarlY with the Nursery and Pre-￿h0O15 Managers where policies, problems, training and plans are
discussed. These meeb'ngs also give the opwrtunty to identify and permeate practi￿.
Written policies indude..
Absen￿ Policy
Admissions Policy
Babysitting/Childminding Policy
Behaviour Management
Biting Policy
Complaints Procedure
Confidentialty Policy
Debt Policy
Elertronic and Telephonic Communications Policy
Emergency Threat pr(￿edUre
Equality, Diversity and Indusion Policy
Equipment and Resources Policy
Food and Drink Policy
General Data Protecbon Policy
Health and Safety Poli
Illness and Exclusion Policy
Lost Child Policy
Medication Policy
Nappy Changing Poli
Non-collection of Children Policy
One to One Policy
Parental Invofvement Policy
Physical Handling Policy
Rest and Sleep Policy
Safeguarding Children Policy
Settling In Policy
Smoking Policy
Snow Closure
Stsff Conduct and Code of Practice Policy
Social Networking Policy
Special Educational Needs/Disability Policy
Staffing and Employment Policy
Stsff Absence
Staff Code of Condurt
Student Pla￿ment Policy
Sun Safety Policy
Whistle Blowing Policy
Otsted regulation
All settings are subject to inspection by Ofsted. The latest retK)rts can be viewed at www.otsted.gov.uk/reports. The
Chief Executive and Settings Managers have established gcod working relationships wrth Otsted, and the departments at
Hampshire County Council and Hart and Rushmoor Borough Council restK)nsible for Early Years Education, child care
provision, Eady Years support stsff, local children'5 centres and children's sc(ial care.
REFERENCE AND ADMINIStRATIVE D￿AILs
Registered Company number
07916241 (England and Wales)
Page 7

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
Registered Charity number
1146542
Registered office
27 Middle Hill
Aldershot
Hampshire
GUII IPL
Trustees
K Bayliss - (appointed 22111118)
D A Betts- (appointed 27111120)
G P Bell (appointed 11101123)
J A Gasknn (appointed III01123 - resigned 19101125)
D Nicholl (appointed 01103122)
S L Stephenson {previously Magee} (appointed 19103120)
G B Silk (appointed 11/01123 - resigned 0611112023)
Auditors
Butt Miller
Chartered Accountants and Ststutory Auditor
l Minster Court
Tuscam Way
caM￿r1eY
Surrey
GU15 3YY
Bankers
Holt's Military Banking
200 Fowler Avenue
Fowler Business Park
Farnborough
Hampshire
GU14 7JP
Advisers
Investment Mana
ers
Rathbones Investment Management
Port of Liverpool Building
Pier Head
Liverpool
L3 INW
ment law and health & saf
Peninsula Business servI￿s
The Peninsula
Virtoria Place
Manchester
M4 4FB
consultsnts
The charity also uses the following working names-
Toye Box Earfy Years Centre
Queen Mary Nursery
Clocktower House Pre-school
srATEMENT OF TRUStEES' RESPONSIBILThIES
The trustees (who are also the directors of The Aldershot Garrison pr&￿h￿l Settings for the purposes of company law)
are responsible for preparing the Tru5tees' Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 8

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
Trustees. Report
for the Year Ended 31 August 2024
srATEMENT OF TRUStEES' RESPONSIBILThIES - continued
Company law requires the tnjstees to prepare financial statements for each financial year which give a tnje and fair view
of the state of affairs of the charitsble company and of the incoming resources and application of resources, induding the
income and expenditure, of the chaiitable company for that period. In preparing those financial statements, the trustees
are required to
selert suitable accounting tK)licies and then apply them consistendy-
obseNe the methcmjs and principles in the Charity SORP.
make judgements and estimates that are reasonable atKi prudent;
prepare the financial statements on the going concern basis unless fc is inappropriate to presume that the charitsble
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with rea￿)nable accuracy at any time
the financial position of the charitable company and to enable them to ensure that the financial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the charstsble company and hen￿ for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit infomiation of which the chartsble company's auditors are unaware; and
the trustees have tsken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that infomiation.
This report has tEen prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to
small companies.
Approved by order of the LK)ard of trustees on 15 May 2025 and ggned on its tEhalf by:
D Nicholl - Trustee
Page 9

Report of the Independent Auditors to the Members of
The Aldershot Garrison Pre-sthool
Settings
Opinion
We have audited the financial statements of The Aklershot Garrison Pr&￿(￿)1 Settings (the 'charitable company,) for
the year ended 31 August 2024 which comprise the Ststement of Financial Acknvits'es, the Ststement of Financial Position,
the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the chaiitable companvs affairs as at 31 August 2024 and of its incoming
resources and application of reSoUr￿s, including its income and expenditure, for the year then end&Y"
have been properly prepared in accordance with United Kingdom General￿ Accepted Accounts'ng Practice. and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Stsndards on Audits'ng (UK) (ISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditors. responsibilities for the audit of the financial
ststements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, induding the FRCS Ethical Standard,
and the provisions available for small entities, in the circumstsnces set out in note 21 to the financial statements, and we
have fulfilled our other ethical responsibiltties in accordance wtth these requirements. We believe that the audit evidence
we have obtsined is sufficient and appropnate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertaints'es relating to events or conditions
that, individually or collectively, may cast significant doubt on the charttable company's abilty to continue as a going
concern for a period of at least ￿e1ve months from when the financial statements are authorised for issue.
Our responsibilities and the resFonsibilities of the trustees wtth respect to going concern are described in the relevant
sections of this report.
Other information
The trustees are responsible for the other information. The other infomiation comprises the infomiation included in the
Annual Report, other than the financial statements and our RetK)rt of the Independent Audttors thereon.
Our opinion on the financial statements does not cover the other infomiation and, except to the extent othe￿iSe
explicitly stated in our report, we do not express any fom of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent wtth the financial statements or our knowledge
obtsined in the audit or othe￿1$e appears to be materially misstated. If we identr'fy such material inconsistencies or
apparent material misstatements, we are required to detemiine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have perfomed, we conclude that there is a material
misstatement of this other infomiation, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the infomiation given in the Trustees, Rep￿ for the financial year for which the financial statements are prepared is
consistent with the financial statements; and
the TrusLees' Report has LEen prepared in accordan￿ wtth applicable legal requirements.
Page 10

Report of the Independent Auditors to the Members of
The Aldershot Garrison Pre-sthool
Settings
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material mithtements in the Trustees, Report.
We have nothing to rekK>rt in respect of the following matters where the Companies Act 2006 requires us to rekTh)rt to you
if, in our opinion-
adequate accounting records have not been kept or retums adequate for our audit have not b￿n received from
branches not visited by us- or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration st￿lfied by law are not made" or
we have not received all the information and explanations we require for our audit. or
the trustees were not entitled to tske advantage of the small companies exemption from the requirement to prepare a
Strategic Report or in preparing the twstees, Report.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, ResFX)nsibilibes, the trustees (who are also the directors of the
charitable company for the p￿￿oSe5 of company law) are reswnsible for the preparats'on of the financial statements and
for being satisfied that they give a true and frdir view, and for such intemal control as the trustees determine is necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In p￿parIng the financial statements, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters rela￿ to going concern and using the going concem
basis of accounting unless the trustees either intend to liquidate the chartLable company or to ￿ase operations, or have
no realistic alternative bLrt to do so.
Page 11

Report of the Independent Auditors to the Members of
The Aldershot Garrison Pre-sthool
Settings
Our responsibilities for the audit of the finanaal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Rep)rt of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detett a material misstatement when it exists. Misstatements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably eXp￿ted to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capatle of detecbng i￿egUla￿￿'e5, including fraud is detailed below:
In identifying and assessing risks of material misstatement in respect of I￿egula17tie5, including fraud and non-compliance
with laws and regulations, we considered the following-
- The nature of the industry and sector the charity is in, ts control environment and business performance including the
design of the charities policies and staff remuneration.
Results of our enquiries of management about their own idenb'fication and assessment of the risks of irregularities.
Any matters we identified having obtained and reviewed the chartty's d(xumentation of their tx)licies and pr(Kedures
relating to:
identifying, evaluating and complying wtth laws atKI regulations and whether they were aware of any instances of
noncompliance.
- detecting and restK)nding to the risks of fraud and whether they have knowledge of any actual, susperted or alleged
- the internal controls established to mttigate risks of fraud or non-compliance wtth laws and regulations; and
- The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial
statements and any potential indicators of fraud.
As a result of these procedures, we considered the opwrtunities and in￿ntiveS that may exist within the organisation for
fraud. In common with all audits under ISA5 (UK), we are a19) required to perfomi specific prc(edures to respond to the
risk of management override.
Our procedures to respond to risks identified induded the following:
Enquiries of management and staff induding con￿mIng actual and wtential litigation and claims and any instances of
non-complian￿ with laws"
Performing analytical procedures to identify any unusual or Unex[ec￿ relationships that may indicate risks of material
misstatement due to fraud-
Obtsined an understanding of provisions and held discussions with management to understand the basis of recognition
or non-recognition of provisions. and
In addressing the risk of fraud through management override of controls, tesbng the appropriateness of journal entries
and other adjustments. checking intemal controls are t￿ing followed are as per tts tx)licies and assessing suitabilty;
assessing the judgements made in makn'ng accounb.ng esb'mates; and evaluating the business rationale of any significant
transactions that are unusual or outside the nomal course of business.
There are inherent limitations in the audit pr(￿edureS deScril￿d alx)ve. We are less likdy to become awa￿ of instances
of non-compliance with laws and regulations that are not dose￿ rdated to events and transactions refiected in the
financial statements. Aso, the risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error, as fraud may involve deliterate concealment by, for example, forgery or intentional
misrepresentations, or through collusion.
A further description of our responsibilities for the audtt of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uvauditorsresponsibilities. This descnptson fomis part of our Report of the Independent
Auditors.
Page 12

Report of the Independent Auditors to the Members of
The Aldershot Garrison Pre-sthool
Settings
Use of our report
This report is made solely to the charitable company's members, as a bcKly, in accordan￿ with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitsble company's
members those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitable company's Memi￿rS as a bodyi for our audtt work, for this rewrt, or for the opinions we have fomied.
Alison Elliott BFP ACA FCC4 MAAT (Senior Statutory Auditor)
for and on behalf of Butt Miller
Chartered Accountants and Ststutory Auditor
l Minster Court
Tuscam Way
caM￿r1eY
Surrey
GU15 3YY
23 May 2025
Page 13

The Aldershot Garrison Pre-school
Settings
ststement of Financial Activities
for the Year Ended 31 August 2024
2024
Unrestricted
funds
2023
Totsl
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legaaes
502
1,950
Charitable activities
Charitable activities
1,293,291
1,289,977
Other trading attivities
Investment income
1,4M
21,869
1,999
12,168
Total
1,317,106
1,306,094
EXPENDrnJRE ON
Raising funds
2,604
2,580
Charitable activities
Charitable activities
1,198,450
1,146,884
Total
1,201,054
1,149,464
NET INCOME
Other recognised gainsl(losses)
Gains/{10sses) on revaluation of fixed assets
116,052
156,630
22,073
(5,474)
Net movement in funds
138,125
151,156
RECONCILIATION OF FUNDS
Total funds brought forward
739,840
588,684
TOTAL FUNDS CARRIED FORWARD
877,965
739,840
The notes fomi part of these financial statements
Page 14

The Aldershot Garrison Pre-school
Settings {Registered number: 07916241)
ststement of Financial Position
31 August 2024
2024
Unrestricted
funds
2023
Totsl
funds
Notes
FIXED ASSETS
Tangible assets
Investments
14
15
15,152
405,565
25,018
307,650
420,717
332,668
CURRENT ASSErs
Debtors
Cash at bank and in hand
16
11,743
481,111
20,559
416,566
492,854
437,125
CREDITORS
Amounts falling due within one year
17
{35,606)
(29,953)
NET CURRENT ASSErs
457,248
407,172
TOTAL ASSEtS LESS CURRENT UABILttIES
877,965
739,840
NET ASSETS
877,965
739,840
FUNDS
Unrestricted funds
19
877,965
739,840
TOTAL FUNDS
877,965
739,840
These financial statements have been p￿pared in accordan￿ with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15 May 2025 and were
signed on tts behalf by:
G P Bell - Trustee
D Nicholl - Trustee
The notes fomi part of these financial statements
Page 15

The Aldershot Garrison Pre-school
Settings
ststement of Cash Flows
for the Year Ended 31 August 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
120,207
164,560
Net cash provided by operating attivities
120,207
164,560
Cash flows from investing activities
Purchase of tsngible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Share portfolio income
(1,689)
(432,699)
356,857
12,205
9,664
(692)
(63,807)
66,386
4,128
8,041
Net cash (used in)/provided by invesbng activtties
(55,662)
14,056
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
64,545
178,616
416,566
237,950
Cash and cash equivalents at the end of
the reporting peri¢xl
481,111
416,566
The notes fom part of these financial ststements
Page 16

The Aldershot Garrison Pre-school
Settings
Notes to the Statement of Cash Hows
for the Year Ended 31 August 2024
RECONCILIATION OF INCOME TO CASH FLOW FROM OPERATING ACtIvtrIES
2024
2023
Net income for the reporting peri(￿ (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Share portfolio income
Decrease in debtors
Increasel{decrease) in creditors
116,052
156,630
11,555
12,383
2,766
(4,128)
(8,041)
32,216
(27,266)
(12,205)
(9,664)
8,816
5,653
Net cash provided by operations
120,207
164,560
ANALYSIS OF CHANGES IN NEf FUNDS
At 1.9.23
Cash flow
At 31.8.24
Net cash
Cash at bank and in hand
416,566
64,545
481,111
416,566
64,545
481,111
Total
416,566
64,545
481,111
The notes fom part of these financial ststements
Page 17

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements
for the Year Ended 31 August 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accountr'ng and Reporting by Charities.. Statement of
Recommended Practice applicable to charibes preparing their accounts in accordance with the Financial Reporting
Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting
Standard 102 The Financial RetK)rting Stsndard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the historical cost convention, with the exception
of investments which are included at market value, as m(KJified by the revaluation of certain assets.
The Aldershot Garrison Pr&school Settings is a private limited company, limited by guarantee, and registered in
England and Wales. The address of the registered Offi￿ is set out in the Trustees report.
The presentstion currency of the financial statements is the Pound Sterfing (£).
Income
All income is recognised in the Statement of Financial Acbvibes On￿ the charity has entitlement to the funds, it is
probable that the income will be received and the amount can be measured reliably. Amounts received in
advance relating to the following year are deferred until the criteria for income recognttion are met.
Donations and legaaes are accounted for when when the chartty has unconditional entitlement to the resources
and are credited to unrestricted funds unless directed by the donor to do otherwise.
Investment income is included in the accounts when receivable. Investment gains and losses includes any gain or
loss on the sale of investments and any gain or loss resulbng from revaluing investments to market value at the
end of the year using the valuation provided by the Investment Manager {Rathbones Plc).
Income from the government and other grants, whether 'cBpital' grants or 'revenue' grants is recognised when
any performan￿ conditions attached to the grants have been met.
The value of any services provided by volunteers are not incorporated into these finanaal statements. Further
details of any contributions can be found in the tNstees report.
Donated seNices and facilities are only included in incoming resour￿5 (wrth an equivalent amount in resour￿5
expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed
on these resources is the estimated value to the tharity of the SeN1￿ or facility received.
Expenditure
Liabilities are recognised as resources ex￿nded as s(x)n as the￿ is a legal or construrtive obligation committing
the charity to the expenditure, it is probable that a transfer of economic benefrts will be required in settlement
and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis
and is inclusive of VAT. All expenses induding support costs and govemance costs are allocated or apportioned to
the applicable expenditure headings.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to Mite off each asset over its estimated useful
life.
Property improvements
Fixtures and fittings
IO% on cost
33.330kn on cost
Fixed asset investments
Listed investments are included at dosing market value at the ststement of financial position date. Any gain or
loss during the year is tsken to the Statement of Financial Acknvits'e5.
Taxation
The charity is exempt from cortK)ration tax on its charTLable activibes to the extent that income or gains are
applied exclusively to charitable pu￿.
Page 18
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
ACCOUNTING POLICIES - continued
Fund accounting
Unrestrirted funds (2n be used in accordan￿ with the charitable objectives at the discretion of the trustees.
The designated fund represents unrestricted fijnds held equal to the value of the Rathbones portfolio in Listed
Investments totalling £405,565 (2023.. £307,650).
Pension
The charitsble company operates a defined contribution pension scheme. Contributions payable to the charitsble
company's pension scheme are charged to the Ststement of Financial Attivities in the period to which they relate.
Operating leases
Rentals paid under operating leases are tharged to the Statement of Financial Activities on a straight line basis
over the peri¢)J of the lease.
Provisions
Provisions (i.e. liabiltties of uncertain timing or amount) are rec(KJnised when there is an obligation at the
reporting date as a result of a past event, it is probable that economic benefft will be transferred to settle the
obligation and the amount of the obligation can estimated reliably.
Going concern
The charitable activities are entire￿ dependent on continuing pr*school fees and govemment ftjnding. As a
consequence, the going concem basis is dependent on the fubjre flow of these funding streams. The trustees are
satisfied that, at the time of approving the financial statements, rt is appropriate to adopt the going concern basis
in preparing the financial statements. The trustees are not aware of any material uncertainties about the charity's
ability to continue as a going concern.
CRttICAL ACCOUNTING JUDGEMEMtS AND KEY SOURCES OF EStIMATION UNCERTAINTY
Judgements in applying accounting policies
In the application of the charitsble companws accounting Folicies, the twstees are required to make judgements,
estimates and assumptions aix)ut the carrying amount of assets and liabilities that are not readily apparent from
other sources. The esb'mates and associated assumpts.ons are based on historical experience and other factors
that are considered to be relevant. Actual results may differ from these estimates.
In preparing these financial ststements, the trustees have made the following critical judgements..
To detemiine whether donated serVI￿S and faolities can be rea￿)nablY measured and estimated so as to be
recognised in the financial statements as described further in note 18.
Key sources of estimation uncertainties
The estimates and underfying a￿umptIOnS are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the peri(xi in which the estimate is revised where the revision affects only that period, or in the
pericxj of the revision and future periods where the revision affects current and future periods.
There are no key estimation uncertainties.
Page 19
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
DONATIONS AND LEGACIES
2024
2023
Donations
502
1,950
The previous year includes r(ems, received free of charge, of a new cooker and a defibrillator from the military
and a I(￿1 organisation totalling £1,900.
OTHER TRADING AcrIvrrIES
2024
2023
PhotolvideolL￿k commission
Income from fund raising
892
552
1,036
963
1,4M
1,999
INVEsfMENT INCOME
2024
2023
Investment income
Bank interest receivable
9,664
12,205
8,041
4,127
21,869
12,168
INCOME FROM CHARrrABLE AcrnirrIES
2024
2023
Activity
Chantable acknvibes
Chartlable activibes
EYE funding and fees
Grants
1,293,291
1,287,304
2,673
1,293,291
1,289,977
Income from govemment gTrnts included wtthin EYE funding and fees comprise of grants made by local
authorities to fund early years education. The amount received in the year totslled £749,905 (2023.. £750,019)
Other grants comprise amounts received from the military and the local authority.
RAISING FUNDS
Investment management costs
2024
2023
Management charges
2,604
2,580
Page 20
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
CHAR￿ABLE ACtIVThIES Costs
Support
costs (see
note 9)
Direct
Costs
Totals
Charitsble activtties
1,095,977
102,473
1,198,450
SUPPORT cosrs
Infomiation
technology
Management
Finance
Charitsble activities
34,214
2,252
21,090
Governance
costs
Other
Totals
Charitsble activtties
30,517
14,400
102,473
io.
INCOME1(ExPEND￿uRE)
Net incomel(expendtture) is stated after chargingl(crediti'ng):
2024
2023
Depreciation - owned assets
Deficit on distK)sal of fixed assets
11,555
12,383
2,766
11. AuD￿ORs, REMUNERATION
2024
2023
Fees payable to the chaiity's auditors for the prepaTrtion and audtt of the
charity's Statutory financial ststements.
14,400
8,280
12. TRusfEES' REMUNERATION AND BENEFttS
The trustees have not b￿n paid any remuneration or received any other beneffts in relation to their work for the
charity during the ￿rICKl.
Any trustee with children attending a setting are tharged on the same basis as other parents.
There is a policy, that for trustees that have served for longer than l year, they would receive a £50 gift on
leaving, subject to tnjstees, agreement.
Trustees, expenses
During the year, l Trustee was reimbursed for expenses incurred for the charity totalling £13. (2023: 2 Trustees
totslling £128)
Page 21
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
13. StAFF cosrs
2024
2023
Wages and salaries
Social security costs
Other pension costs
945,099
53,242
14,106
901,943
43,305
13,248
1,012,447
958,496
The average monthly number of employees during the year was as follows:
2024
60
2023
65
Employees
No employees received emoluments in excess of £60,0(K).
14. TANGIBLE FIXED ASs￿s
Fixtures
and
ffttings
Propety
improvements
Totals
cosr
At I September 2023
Additions
73,133
143,937
1,689
217,070
1,689
At 31 August 2024
73,133
145,626
218,759
DEPRECIATION
At I September 2023
Charge for year
53,315
8,068
138,737
3,487
192,052
11,555
At 31 August 2024
61,383
142,224
203,607
NET BOOK VALUE
At 31 August 2024
11,750
3,402
15,152
At 31 August 2023
19,818
5,200
25,018
15.
FIXED ASSET INVEsfMENTS
Listed
investments
MARKET VALUE
At I September 2023
Additions
Disposals
Revaluations
Capitsl introduced
Management fees
307,650
432,699
(348,758)
(61,868)
78,446
(2,604)
At 31 August 2024
405,565
NET BOOK VALUE
At 31 August 2024
405,565
At 31 August 2023
307,650
Page 22
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
15.
FIXED ASSET INVEStMENTS - continued
The investments represent holdings in the investment FQrtfolio managed by Rathbone Investment Management.
The historical cost of the aljove investments was £402,535 (2023: £292,256).
16.
DEBTORS: AMOUNTS FALLING DUE W￿HIN ONE YEAR
2024
2023
Trade debtors
Other debtors
10,821
922
18,805
1,754
11,743
20,559
17. CREDrroRS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade creditors
Social security and other Lixes
Other creditors
Accruals and deferred income
7,028
14,178
6,663
10,382
4,628
8,280
14,400
35,606
29,953
Deferred income comprises amounts received in advan￿ of the following year or where conditions of
agreements have not yet been wholly met. It is included within accruals and deferred income.
Deferred income movement
2024
2023
Balance at beginning of the peri¢xl
Amount released to income during the ￿ricKl
Amount deferred during the [￿nCl￿
20,131
(20,131)
Balance at end of the peric
18.
LEASING AGREEMENTS
Minimum lease payments under nOn-Can￿lIable 0￿rating leases fall due as follows:
2024
2023
Within one year
Betsveen one and five years
3,206
4,008
1,152
7,214
1,152
During the period there was a memorandum of understsnding with the Garrison to let the charity use the
buildings the settings operate from, rent and Maintenan￿ free. Following the period end, a Garrison standing
order has now been established.
This also includes utilities plus general major refU￿iShment worf( as part of the building's maintenance cycle as
and when it arises. During the period, ￿[urbIshMents and major work were completed in two settings.
On the basis that the value of the use of these faalibes cannot be reliably determined, no income and ￿u1valent
expense have been recognised in the Statement of Financial Activibes.
Page 23
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
19.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.8.24
At 1.9.23
Unrestricted funds
General fund
Designated fund
432,190
307,650
118,656
19,469
(78,+16)
78,446
472,400
405,565
739,840
138,125
877,965
TOTAL FUNDS
739,840
138,125
877,965
Net movement in funds, included in the at#)ve are as follows:
Incoming
r￿ur￿$
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Designated fund
1,317,106
(1,198,450)
(2,604)
118,656
19,469
22,073
1,317,106
(1,201,054)
22,073
138,125
TOTAL FUNDS
1,317,106
(1,201,054)
22,073
138,125
Comparatives for movement in funds
Net
movement
in funds
At
31.8.23
At 1.9.22
Unrestricted funds
General fund
Designated fund
272,980
315,704
159,210
(8,054)
432,190
307,650
588,684
151,156
739,840
TOTAL FUNDS
588,684
151,156
739,840
Comparative net movement in fund5, induded in the above are as follows:
Incoming
resour￿$
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Designated fund
1,306,094
(1,146,884)
(2,580)
159,210
(8,054)
{5,474)
1,306,094
(1,149,464)
{5,474)
151,156
TOTAL FUNDS
1,306,094
(1,149,464)
(5,474)
151,156
Page 24
continued...

The Aldershot Garrison Pre-school
Settings
Notes to the Finanaal Statements - continued
for the Year Ended 31 August 2024
19.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined p05ibon is as follows:
Net
movement
in funds
Transfers
between
funds
At
31.8.24
At 1.9.22
Unrestricted funds
General fund
Designated fund
272,980
315,704
277,866
11,415
(78,446)
78,+16
472,400
405,565
588,684
289,281
877,965
TOTAL FUNDS
588,684
289,281
877,965
A current year 12 months and prior year 12 months combined net movement in funds, induded in the atx)ve are
as follows:
Incoming
r￿ur￿$
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Designated fund
2,623,200
(2,345,334)
(5,184)
277,866
11,415
16,599
2,623,200
(2,350,518)
16,599
289,281
TOTAL FUNDS
2,623,200
(2,350,518)
16,599
289,281
20.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2024.
21.
FRC ￿HIcAL sfANDARD - PROVISIONS AVAILABLE FOR SMALL ENTtrIES
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns
to the tsx authorities and assist with the preparation of the financial statements.
22.
ULTIMATE CONTROLLING PARTY
The company is limited by guarantee and has no controlling party. The liability of each memL￿r is limited to £10
in the event of it being wound up.
Page 25