Holllngbury Park Pre-school Ltd
IA company Ilmlted by guarantse)
Charlty No. 1150200
Company No. 07904951
Trustees, Report and Unaudited Accounts
31 March 2024

Hollingbury Park Pre-school Ltd
Contents
Page5
2to4
Trustees, Annual Report
Independent Examlner's Report
Statement of Financial Activtties
Balance Sheet
Notes to the Accounts
8t014
Page I

Holllngbury Park Prfrsthool Ltd
Trustees Annual Report
The trustees. who are a150 directors of the tharity for the purposes of the Companies Act 2006,
present their report with the unaudited financial ststements of the charty for the year ended 31
March 2024.
REFERENCE AND ADMINISTRATIVE DEfAILS
Company No. 07904951
Charlty No. IIS0200
Prlncipal Offi
Dltchllng Road
Brighton
East Sussex
United Kin8dom
BNI 6JU
Reglstered Office
Dltchling Road
Brl8hton
East Sussex
BNI 6JU
Dlrectors and Trustees
The Directors of the charltable company are its Trustees for the purposes of charlty law.
The following Directors and Trustees seNed during the year:
L. Hornsbury
E. Jenklns
S. Obrlen
B. Puddlck
E. Thomas-simpson
A. J P Howard
(Resigned 10 July 2024)
(Appointed 10 July 2024)
Company Secretary
E. Jenklns
Accountants
Tlme Accounts Llmlted
Room 34
Basepoint BusTness Centre
Little High Street
Shoreham-by-sea
BN43 SEG
Page 2

Holllngbury Park Pre-Sth¢)ol Ltd
Trustees Annual Report
Structure. governan￿ and management
The Trustees meet annually to discuss and approve the company accounts. The Governing Document -PLA
Constitution 2008 are also approved at the AGM along with election of Trustees to the board are carrled out
at the AGM.
All staff and Trustees are required to have a Disclosure and 8arrin8 Servi￿(08s) check in line with ststutory
requirements and to be at the required appropriate level for supervision and guidance of the children in our
care.
The general manager reports to the trustees on all matters relating to the running of the playgroup and
financial matters concerning the Charity.
OBJEcfivES AND AcnvmES
The company Is Ilmited by guarantee and its objertbves are to provide quallty care and education for children
in the local community aged from two years to primary school age, following Statutory Framework for the
Early Year Foundation Stage.
ACHIEVEMENTS AND PERFORMANCE
202312024 has contlnued to see an Increased number of children since the affects of Covid-19. We have had
to employ another member of staff due to this increase of chlldren and have had to use bank staff on
numerous occa51ons. The bank has remained comfortably stable for most of thls tlme.
We are stlll flndlng that there is a hi8her number of thlldren needing additional help with language. We have
been supportlng these chlldren wlth professional and extra help In settling In with us.
We had a few chlldren leaving to go to school In September but had a fairly quick influx of new chlldren
whlch continued through the year due to the announcement of detslls of the new two-year funding.
We continue to have enqulrles and visits from prospectlve parents, so antlcipate that attendance wlll
contlnue to Increase.
We have continued to host as many events as possible for the parents to be involved with at the school.
These events have been fantsstic for brin8in8 everyone together and getting feedback on our practice.
FINANCIAL REVIEW
The trustees receive annual reports on operational and flnanual matters. These provide a fomial check that
the charity Is performing legally. safely and within Its means.
All Trustees have assessed major rtsks to whlch the Charity is exposed in particular. those related to the
operations and finances of funds held arml are satisfied that systems are In pla￿ to mltlgate exposure.
The Charity holds its funds at HSBC bank and is satisfied that they have procedures In place to ensure funds
are held securety. The business Is funded by fees from parents and carers and from the Early Years
Entitlement Provlsion for two (where applicable), three- and four-year olds.
The Income received by the charity is applied to various runnlng costs ranglng from staff wages, rent,
supplies, equipment and day-to4ay costs.
Page 3

Hollingbury Park Pre-school Ltd
Trustees Annual Report
POUCY ON RESERVES
The trustees have established a policy of maintaining an appropriate level of reserves to enable the adequate
function of the charity in order to maximise the charitsble work that it carries out. The trustees review the
level of reserves at regular intervals as a part of their annual review of the operational and financial matters
reports which they receive.
The Trustees are responsible for keeping proper accountlng records that disclose wlth reasonable accuracy at
any tlme the financ5al posltlon of the charity and to enable them to ensure thatthe financial ststements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence tskin8 reasonable steps for the prevention and detection of fraud and other Irregularities.
The above report has been prepared In accordance with the provisions applicable to companies subject to
the small companles reglme as set out in Part 15 of the Companles Act 2006 and In accordance wlth the
Charltles SORP {FRS 102).
SS8ned on behalf of the board
E. Jenklns
Trustee
Page 4

Nollingbury Park Pre-school Ltd
Independent Examlners Report
Independent Examinerfs Report to the trustees of Hollin8bury Park Pre-school Ltd
I report to the charity trustees on my examination of the financial statements of Hollingbury Park Pre-school
Ltd for the year ended 31 March 2024 which comprise the Statement of Financial Artivities. the Summary
Income and Expenditure Account. the Balance Sheet and the related notes.
Responslbllltles and basls of report
As the charity's trustees of the company land also Its dlrectors for the purp(w5 of company lawl you are
responslble for the preparatlon of the finandal statements in accordance wtth the requirements of the
Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audlted under Part
16 of the 21x16 Act and are eligible for independent examination. I report in respect of my examination of
your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act,).
In carrying out my examination I have followed the Dlrectlons glven by the Charlty Commlsslon under sectlon
145(5) (b) of the 2011 Act.
Independent examlnees statement
I have completed my examination. I can confim) that no material matters have come to my attention in
connectlon wlth the examination glvlng me cause to belleve:
• accounting records were not kept in accordance with sertion 386 of the 2006 Art . or
the financlal statements do not accord wlth those records: or
the flnanclal statements do not compty wlth the accounting requirements under sectlon 396 of the 2006
Aci other than any requlrement that the financial ststements glve a 'true and falr. vlew whlch Is not
matter consldered as part of an Independent examlnatlon: or
• the flnandal statements have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters In connectlon wlth the examlnation to which
attention should be drawn in this report in order to enable a proper understandin8 of the financial
statements to be reached.
Mrs Hannah Thatcher, FCA LLB
Instltute of Chartered Accountants England and Wales
TSme Accounts Limited
Room 34
Basepoint Buslness Centre
Little High Street
Shoreham-by-sea
BN43 SEG
Page 5

Holllngbury Park Pre-school Ltd
Statement of Flnanclal Actlvltles
for the year ended 31 March 2024
Unrestricted
funds
2024
Total fvnd5 Total funds
2024
2023
Notes
Income and endowfflents
from:
Donations and legacles
Other
1,000
76,916
126,575
126,575
Total
126,575
126,575
77.916
Expendlture on:
Charltable attivitles
Other
84,081
1,561
84,081
1,561
82,195
1,694
Totsl
85,642
85.642
83,889
Net galns on Investments
Net Income/(expendlture)
Transfers between funds
40,933
40.933
{5,973)
Net Income/(expendlture)
before other galn$/(losses)
40,933
40,933
{5,973)
Other galns and loss
Net movement In funds
40,933
40,933
(5,9731
Reconclllatlon of funds:
Total funds brought forward
916
916
6,889
Total lunds carrled forward
41,849
41,849
916
Page 6

HolllnBbury Park Pr&School Ltd
Balance Sheet
at 31 March 2024
Company No. 07904951
Notes
2024
2023
Current assets
Debtors
Cash at bank and in hand
578
53.206
53,784
(11.935)
41,849
41.849
530
12,010
12,540
111.624)
916
Credltors: Amount falling due within one year
Net current assets
li
Total assets less current liabillties
916
Net assets excludlng penslon asset or liability
41,849
916
Total net a55ets
41,849
916
The funds of the charlty
Restricted funds
Unrestrirted fvnds
General funds
12
12
41,849
916
41,849
916
12
Totsi funds
41,849
916
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companles
Act 2006 relating to small companies.
For the year ended 31 March 2024 the company was entitled to exemptlon under section 477 of the
Companies Art 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance wlth sectlon 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for comptylng with the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on
And signed on its behalf by:
E. Jenkins
Trustee
Page 7

Hollingbury Park Pre-school Ltd
Notes to the Accounts
for the year ended 31 March 2024
l Accounting policies
ststement of compllance
The financial statements have been prepared in accordance with 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 l January 20191- (Charities SORP 2019 (FRS 102)). the Financial Reporting Stsndard
applicable in the UK
and Republic of Ireland {FRS 1021 and the Companies Act 2006 and Charities Act 2011.
Basls of preparatlon
Hollin8bury Park Pre- School Llmlted meets the definitlon of a public benefit entity under FRS 102.
Assets and Liabilities are Initlally recognised at historical cost or transartion value unless otherwise
stated in the relevant accounting policy notes,
Fund a¢countln8
Unrestrlcted funds These are avallable for use at the discretion of the trustees In furtherance of the
8eneral objects of the charlty.
These are unrestrfcted funds earmarked by the trustees for particular purposes.
These are unrestrlcted funds whlch Include a revaluatlon reserve representing the
restatement of Investment assets at theSr market values.
These are available for use subject to restrictions imposed by the donor or
through ternis of an appeal.
Designated funds
Revaluation fvnds
Restrlrted funds
Income
Recognltlon of
income
Income Is Sncluded In the Statement of Flnanclal Actlvltles (SOFA) when the
charlty becomes entftled to, and virtually certaln to recelve, the income and the
amount of the income can be measured wlth sufficlent rellabillty.
Income with related Where income has related expendlture the Income and related expenditure Is
expendlture
reported gross in the SOFA.
Donatlons and
legacies
Voluntary income received by way of grants, donations and 8Sfts Ss Included in the
the SOFA when recelvable and only when the Charfty has unconditional
entltlement to the income.
Page 8

Hoifingbury Park P￿-Sth0O1 Ltd
Notes to the Accounts
Expenditure
Recognition of
expenditure
All expenditure is recognised On￿ there is a legal or constructive obligation to
that expenditure, it is probable settlement is required and the amount can be
measured reliably. All costs are allocated to the applicable expenditure heading
that aggregate similar costs to that category. Where costs cannot be directly
attributed to particular headings they have been allocated on a basis consistent
with the use of resources. with ontral staff costs allocated on the basis of time
spent. and depreciation charEes allocated on the portion of the asset's use. Other
support costs are allocated based on the spread of stsff costs.
Expenditure on
These comprise the costs associated with attracting voluntary income. fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Chaiity in the delivery of its activities
charitable actNities and Se￿1￿$ in the furtherarKe of its objects, including the making of grants and
governan￿ costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and
statutory requirements of the Charity, including any audltlindependent
examination fees. costs linked to the strategic management of the Charity,
together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity. Support costs
include central fvnctions and have been allocated to attivity Cost categories on a
basis consistent with the use of resources, for example. allocating property costs
by floor areas, or per capits. staff costs by the time spent and other costs by their
usage.
Grants payable
Governan￿ costs
Going concern
The Trustees consider that there are no material Un￿rtaIntieS about the charivs ability to continue as
a going concern nor any significant areas of Un￿rtaInty that affect the carrying value of assets held by
the charity.
Exemptlon from preparing a cash Ilow Statement
The tharity adopted Bulletin I published on 2 February 2016 and have thereof not included a cash flow
statement in these finanaal statement&
Trade and other credltors
Short term creditors are measured at the transaction price. Other creditors and provisions a
recognised where the tharity has a present obligation resulting from a past event that will probably
result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliabty. Creditors and provisions are normalty recognised at their settlement
amount after allowing for any trade discounts due.
Fund strurture
Unrestricted income fvnds are general funds that are available for use at the trustee's discretion in
furtheran￿ of the objectNes of the charity.
Page 9

Hollingbury Park Pre-school Ltd
Notes to the Accounts
Hnanclal Instruments
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified accordlngto the Substan￿ of the contrartual
arrangements entered into. An equlty instrument Is any contract that evidences a residual interest in
the assets of the charity after deduttin8 all of its liabilities.
Penslon costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
penslon plan under whlch the company pays fixed contributions into a separate entity. Once the
contrlbutlons have been paid the company has no further payments obliBatlons. The contrlbutlons are
recognlsed as expenses when they fall due. Amounts not paid are shown in accruals in the balance
sheet. The assets of the plan are held separately from the company in independently administered
funds.
Recelpt of donated goods. fadlltles and servlces
All donated goods. faci1Sties and seNlces recelved are recognlsed within incomlng resources and
expendlture at an estimate of the value to the charity.
2 Charlty Status
The charlty Is a charity Ilmited by guarantee and consequently does not have share capltal. Each of the
trustees Is Ilable to contribute an amount not exceedlng £1 towards the assets of the charlty in the
event of Ilquldatlon. The charlty Is Incorporated In En8land and Wales.
The address of Its re8lstered office is:
HollSngbury Park Pre-school
Dltchlln8 Road
Brighton
East Sussex
BNI 6JU
Page 10

Hollingbury Park Prevsthoot Ltd
Notes to the Accounts
3 Statement of Flnandal Actlvldu- prlor year
Unrestrlcted
funds
Total
funds
2023
Income and endowments from:
Donations and legacies
Other
1,000
76.916
76.916
Total
77.916
77,916
Expendlture on:
Charitable activities
82,195
1,694
82,195
1,694
Other
Total
83,889
83,889
Net Income
(5.973) (5,973)
Net Income before other
8alns/(losses)
Other 8alns and losses:
Net movement In lunds
15,973)
15,973)
{5,973)
15,973)
Reconclllatlon of funds:
Total funds brought forward
Total funds ¢arrled forward
6,889
6,889
916
916
4 Income from donatlons and legades
Donated goods. fadlttles and seThlce5 recelved
Unrestrlcted
Totsl
2024
Total
2023
Donatlons recelved
1,000
5 Other Income
Unrestrfcted
Total
Total
2024
2023
Fees and supplies
126,575
126.575
126,575
126.575
76,916
76,916
During the year, the Charity received funding totsllin8 £104.189 (2023: £61.308) included in fees and
supplies from Brighton and Hove City Council as part of the Earty Years Free Entitlement IEYFE) scheme.
The funds are used towards providing services carried out by the charfty and are deslgnated towards
such use.
Page 11

Holllngbury Park Pre-sthool Ltd
Notes to the Accounts
6 Expenditure on charltable activities
Unrestrlcted
Total
Total
2024
2023
Governance costs
Accountant Fees-other fees
paid to auditors/accountants
Allocated support cost
3.327
3.327
2,938
80,754
80,754
79,257
84,081
84,081
82,195
Included within governance costs is £2,004 {2023: £1.990) in relation to accountancy and independent
examination services provided.
7 Other expendlture
Ilnrestricted
Total
Total
2024
2023
Employee costs
General administrative costs
1,466
95
1,466
95
1,598
96
1,561
1,561
1,694
8 Trustee remuneratlon and expenses
One or more of the trustees has been paid remuneration in the current or prior periods.
Other
benefits
Trustee
E. Jenkins
Puddick
Remunerntlon
9,825
21,353
Penslon
295
641
9 Staff costs
2024
1,466
1.466
2023
1,598
1,598
Penslon costs
No employee re￿iVed emoluments in excess of £60,000.
The average monthly number of full time equivalent employees durlng the year was as follows:
2024
Number
2023
Number
10 Debtors
2024
2023
Prepayments and accrued income
578
578
530
530
Page 12

Holllngbury Park Pre-school Ltd
Notes to the Accounts
11 Creditors:
amounts falling due wlthin one year
2024
2023
Trade creditors
Other taxes and social security
Other creditors
Accruals
9,295
367
9,295
136
294
1,899
11,624
2,005
11,935
12 Movement In funds
IncomlnB
resources
At31
March
2024
At l Aprll (In¢ludlng other
2023
zalnsllosses)
Resources
expended
Unrestrlcted fund$:
General funds
916
126,575
185,642)
41,849
Totsl funds
916
126,575
185,642)
41,849
Incomln8
resources
At31
March
2023
At l Aprll (Includlng other
2022
galns/losses)
Resources
expended
Unrestrlrted funds:
General funds
Total fund5
6,889
6.889
77,916
77,916
(83,8891
183,889)
916
916
13 Analysls of net assets between funds
Unrestrlcted
funds
At31
March
2024
Current assets
Current Ilabilities
53,784
53,784
{11,935) (11,9351
41,849
41,849
Unrestrlcted
funds
At31
March
2023
Current assets
Current liabilities
12,540
12,540
{11,624) (11,6241
916
916
Page 13

Holllngbury pa￿ Prfrsthool Ltd
Notes to the Accounts
14 Reconciliation of net debt
At31
March
2024
At l April 2023 Cash Ilows
Cash and cash equivalents
12,010
12.010
41,196
41.196
53,206
53,206
Net debt
,oio
41,196
53,206
15 Commitments
Penslon commitinents
2024
2023
The pension cost charge to the company
amounted to:
1,466
1,598
16 Related party dlsdosures
Controlllng party
The company is limited by guarantee and has no share capital: thus no single party controls the
company.
Page 14