Company registration number 08044201 (England and Wales)
Charity registration number 1147216 (England and Wales)
WESTNEWTON PRE-SCHOOL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
WESTNEWTON PRE-SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Ms J Parnaby Ms D Scott Ms H Harrison Ms A Thompson Ms S Kenny Secretary Ms J Parnaby Charity number 1147216 Company number 08044201 Registered office St Matthews CE School Westnewton Aspatria WIGTON Cumbria CA7 3NT Independent examiner Stuart Farrer BA(Hons), FCA, DChA Saint & Co Chartered Accountants Sterling House 3 Wavell Drive Rosehill Carlisle CA1 2SA
WESTNEWTON PRE-SCHOOL
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 - 15 |
WESTNEWTON PRE-SCHOOL
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 APRIL 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 April 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, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Objectives and activities
The objective of Westnewton Pre School is to provide nursery education for children in the local area between the ages of 2 and 4 years old.
They achieve this by learning through play, structural activities and outdoor play with the correct staff to pupil ratio.
Achievements and performance
Significant activities and achievements against objectives
During the year ended 30 April 2024 the charity updated and improved their learning and play resources, Fundraising supported by the parents is ongoing.
Structure, governance and management
Westnewton Pre School (the Charity) is a company limited by guarantee governed by its Memorandum and Articles of Association and is registered as a charity with the Charities Commission.
The trustees who served during the year and up to the date of signature of the financial statements were: Ms J Parnaby
Ms D Scott Ms H Harrison Ms A Thompson Ms S Kenny
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WESTNEWTON PRE-SCHOOL
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
The trustees' report was approved by the Board of Trustees.
Ms J Parnaby Company Secretary
27 January 2026
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WESTNEWTON PRE-SCHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WESTNEWTON PRE-SCHOOL
I report to the trustees on my examination of the financial statements of WESTNEWTON PRE-SCHOOL (the charity) for the year ended 30 April 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
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:
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1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Stuart Farrer BA(Hons), FCA, DChA
Saint & Co Chartered Accountants Sterling House 3 Wavell Drive Carlisle CA1 2SA 27 January 2026
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WESTNEWTON PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 3,499 - Charitable activities 4 74,574 - Investments 5 427 - Total income 78,500 - Expenditure on: Charitable activities 6 73,912 350 Total expenditure 73,912 350 Net income/(expenditure) and movement in funds 4,588 (350) Reconciliation of funds: Fund balances at 1 May 2024 54,690 3,429 Fund balances at 30 April 2025 59,278 3,079 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 3,499 84 - 74,574 80,417 - 427 396 - 78,500 80,897 - 74,262 78,164 415 74,262 78,164 415 4,238 2,733 (415) 58,119 51,957 3,844 62,357 54,690 3,429 |
Total 2024 £ 84 80,417 396 80,897 78,579 78,579 2,318 55,801 58,119 |
|---|---|---|
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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WESTNEWTON PRE-SCHOOL
STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025
| Notes Fixed assets Tangible assets 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 15 Unrestricted funds 16 |
2025 £ 64 52,372 52,436 (2,814) |
£ 12,735 49,622 62,357 3,079 59,278 62,357 |
2024 £ 496 50,348 50,844 (4,405) |
£ 11,680 46,439 |
|---|---|---|---|---|
| 58,119 | ||||
| 3,429 54,690 |
||||
| 58,119 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 27 January 2026
Ms A Thompson Company Secretary
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
Charity information
WESTNEWTON PRE-SCHOOL is a public benefit entity and a private company limited by guarantee incorporated in England and Wales. The registered office is St Matthews CE School, Westnewton, Aspatria, WIGTON, Cumbria, CA7 3NT.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.
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.
1.2 Going concern
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.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
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.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
1.4 Income
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift,
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receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted
service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
1.5 Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events,noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
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:
Equipment
15% reducing balance
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).
1.8 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 liabilities.
1.9 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 recognised 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 carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
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.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
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.
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.
3 Income from donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Donations and gifts | 3,499 | 84 |
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
4 Income from charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Income from charitable activities | |||
| LEA Grants | 66,629 | 60,783 | |
| Income from trading activities | |||
| Pre-School Fee Income | 7,945 | 19,634 | |
| 74,574 | 80,417 | ||
| 5 | Income from investments | ||
| **Unrestricted ** | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Interest receivable | 427 | 396 |
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
6 Expenditure on charitable activities
| Pre-School | Pre-School | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 59,495 | 59,387 | |
| Depreciation and impairment | 2,406 | 2,330 | |
| Rent | 2,401 | 2,600 | |
| Repairs and maintenance | 1,289 | 1,996 | |
| Insurance | 1,514 | 712 | |
| Postage, stationary and advertising | 94 | 378 | |
| Training and courses | 172 | 2,110 | |
| Refreshments | 3,774 | 4,052 | |
| Consumables and cleaning materials | 601 | 2,872 | |
| Other office costs | 835 | 847 | |
| Accountancy fees | 1,887 | 1,256 | |
| Other finance charges | (206) | 39 | |
| 74,262 | 78,579 | ||
| Analysis by fund | |||
| Unrestricted funds | 73,912 | 78,164 | |
| Restricted funds | 350 | 415 | |
| 74,262 | 78,579 | ||
| 7 | Net movement in funds | 2025 | 2024 |
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 1,887 | 1,256 | |
| Depreciation of owned tangible fixed assets | 2,406 | 2,330 |
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
9 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| 3 | 3 | |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 58,797 | 58,840 |
| Other pension costs | 698 | 547 |
| 59,495 | 59,387 |
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
| 11 Tangible fixed assets Cost At 1 May 2024 Additions At 30 April 2025 Depreciation and impairment At 1 May 2024 Depreciation charged in the year At 30 April 2025 Carrying amount At 30 April 2025 At 30 April 2024 12 Debtors Amounts falling due within one year: Trade debtors 13 Creditors: amounts falling due within one year Accruals and deferred income 14 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
Equipment £ 41,797 3,461 45,258 30,117 2,406 32,523 12,735 11,680 2025 2024 £ £ 64 496 2025 2024 £ £ 2,814 4,405 2025 2024 £ £ 698 547 |
|---|---|
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.
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
15 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 May | Resources | At 30 April | |
|---|---|---|---|---|
| 2024 | expended | 2025 | ||
| £ | £ | £ | ||
| 3,429 | (350) | 3,079 | ||
| Previous year: | At | 1 May | Resources | At 30 April |
| 2023 | expended | 2024 | ||
| £ | £ | £ | ||
| 3,844 | (415) | 3,429 |
16 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 May | Incoming | Resources | At 30 April | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 54,690 | 78,500 | (73,912) | 59,278 |
| Previous year: | At 1 May | Incoming | Resources | At 30 April |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| General funds | 51,957 | 80,897 | (78,164) | 54,690 |
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WESTNEWTON PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
17 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 30 April 2025: Tangible assets 12,735 - Current assets/(liabilities) 49,622 - 62,357 - Per balance sheet 59,278 3,079 Balance to allocate (3,079) 3,079 Unrestricted Restricted funds funds 2024 2024 £ £ At 30 April 2024: Tangible assets 11,680 - Current assets/(liabilities) 43,010 3,429 54,690 3,429 |
Total 2025 £ 12,735 49,622 62,357 62,357 - Total 2024 £ 11,680 46,439 58,119 |
|---|---|
18 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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