Holllngbury Park Prfrsthool Ltd (A compary Ilmlled by guarant88) Charlty No. I1502￿1 Company No. 07904951 Trustees, Report and Unaudltsd A¢¢ounts JI Marth 2025 Hollln8bury Park pr￿sc￿l Ltd Conteiits Trustees, Annual Report Independent Examlnerfs Report ststement of Flnandal Actlvlties 2to4 Balance Sheet Notes to the Accounts 8t014 Page I Holllngbury Park Pre*School Ltd Trustees Annual Report The tfustees, who are also dlrectors of the charlty for the purposes of the Companle5 Att 2006. present thelr report with the unaudited financlal statements of the tharlty for the year ended 31 March 2025. REFERENCE AND ADMINISTrATIVE DEfAILS Company No. 07904951 Charlty No. 1150200 Prln¢lpal Offl Dltchllng Road 8ri8hton East Sussex Unlted Klngdom BNI 6JU Re8lstered Olfic• Oltchllng Road 8rl8hton East Sussex BNI 6JU Dlrertors and Tnistees The Dlrectors of the charltable company are Its Trustees for the purposes of charlty law. The followlng Dlrectors and Trustees served durln8 the year: L. Hornsbury A.J P Howard E, Jenklns S. Obrlen . Puddlck E. Thomas-simpson (Reslgned 10 Juty 2024) (Appolnted 10 July 2024) Company Secretary E. Jenklns Accountants Unlt 3 Engllsh Business Park Engllsh Close Hove East Sussex 8N3 7Er Page 2 Hollln8bury Park Pre•Sthool Ltd Trustses Annual Report Structure• 8overnance and mana8ement The Trustees meet annually to discuss and approve the company accounts. The Governln8 Document- PLA Constltutlon 21x18 are also appmed at the AGM along with elertion of Trustees to the board are carrled out atthe AGM. All staff and Trustees are requlred to have a Dlxlosure and Barring Service (DBS) check In line wlth statutory requlrements and to be at the requlred appropriate level for supervisi¢Yb and guidance of the chlldren In our care. The general mana8er reports to the trustees on all matters relatlng to the runnln8 of the playgroup and flnanclal matters concernlng the Charlty. OBJEcfivES AND AcnvmES The company Is Ilmlted by guarantee and its objectives are to provlde quallty care and educatlon for chlldren In the local communlty a8ed from two years to prlmary school age, followln8 Statutory Framework for the arly Year Foundatlon Stage. ACHIEVEMENTS AND PERFORMANCE The bank has remalned comfortably stsble. We have Invested some of the money Into toys. equlpment and actlvltles for the chlldren. We have taken on a hlgher number of addltional needs chlldren. Some of these chlldren are st151 needlng speech and langua8e. We have been supportln8 these children with professional and extra help Sn 5ettllng In wlth us. We had a lar8er number of chlldren golng to school In September but we remalned steady wlth the amount of chlldren returnln8. We contlnue to have enqulrles and vlslts from prospertlve parents, so antldpate that attendance wlll contlnue to Increase. We have contlnued to host as many events as possible for the parents to be Involved wlth at the school. These events have been fanta5tlc for brSn8in8 everyone together and 8ettSn8 feedback on our practice. FINANCIAL REVIEW The trustees recelve annual reports on operatlonal and finandal matters. These provlde a formal check that the charlty Is perfornilng legally• safely and wlthln its means. All Trustees have assessed major rlsks to which the Charlty Is exposed In partlcular. those related to the operatlons and flnances of funds held and are satisfied that systems are In pla￿ to mltlgate exposure. The Charlty holds Its funds at HS8C bank and Is satlsfied that they have pr¢xedures In place to ensure funds are held securely. The buslness Is funded by fees from parents and carers and from the Earty Years Entltlement Provlslon for two (where appllcable), three- and four-year olds. The Income received by the charfty is applied to various runnlng costs ran8in8 from stsff wages. rent. supplies, equlpment and daY-t￿daY costs. Page 3 Hollln8bury Park Pre4chool Ltd Trustees Annual Report POLICY ON RESERVES The trustees have establlshed a pollcy of malntainlng an approprlate level of reserves to enable the adequate function of the charlty In order to maximise the charltable work that it carrles out. The trustees review the level of reserves at regular Intervals as a part of thelr annual revlew of the operatlonal and financial matters reports which they receive. The Trustees are responslble for keepln8 proper accounting records that disclose wlth reasonable accuracy at any tlme the financlal posltlon of the charlty and to enable them to enstsre that the financlal statements comply wlth the Companles Act 2006. The Trustee are also responslble for safeguardlng the assets of the charlty and hence taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularlties. The above report has been prepared In accordan￿ wlth the provlslons appllcable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charltles SORP IFRS 1021. $18ned on behalf of the board B. Puddlck Trustee Page 4 Hollln8bury Park Pre•Sthool Ltd Independent Examlners Report Independent Examlner's Report to the trustees of Hollingbury Park Pre-school Ltd I report to the charlty trustees on my examlnation of the financial statements of HolllnBbury Park Pre-school Ltd for the year ended 31 March 2025 whlch comprise the Statement of Flnancial Actlvities, the Summary Income and Expenditure Account. the Balance Sheet and the related notes. Responslbllltles and basls of report As the charity's trustees of the company (and alsc its directors for the purposes of company law) you are responslble for the preparation of the financlal statements In accordance wlth the requlrements of the Companies Act 2006 ('the 2006 Art. Havlng satisfied myself that the financlal statements of the Charity are not requlred to be audited under Part 16 of the 2006 Att and are eliglble for Independent examination, I report in respert of my examlnatlon of your charlty's flnancial statements as carrled out under sectlon 145 of the Charltles Act 2011 {'the 2011 Art,). In carrying out my examination I have followed the Direction5 given by the Charfty Commlssion under sertion 145(5) (b) of the 2011 Act. Independent ex?mlnerf$ statement I have completed my examlnatlon. I can confirm that no materlal matters have corne to my attentlon In connectlon wlth the examinatlon glvlng me cause to belleve: accountln8 records were not kept In accordance wlth section 386 of the 2006 Act . or the financlal ststements do not accord wlth those records. or the financial statements do not comply with the accountlng requlrements under sertlon 396 of the 2006 Act other than any requirement that the financial statements give a 'true and faiV vlew which is not a matter considered a5 part of an independent examlnation; or • the flnanclal statements have not been prepared in accordance with the Charltles SORP (FRS 102). I have no concerns and have come acros5 no other matters In connection wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandlng of the flnancial statements to be reached. Mrs Hannah Thatcher, FCA LLB Institute of Chartered Accountants England and Wales Unit 3 Engllsh 8uslness Park Engllsh Close Hove East Sussex 8N3 7Er Page S Holllngbury Park Pre•School Ltd Statement of Flnanclal A¢tlvltles for the year ended 31 Marth 2025 fvnds Totsl funds Total funds 2025 2025 2024 Income and endowments from: Other 151,626 151.626 126.575 Total 151,626 151,626 126,575 Expenditure on: Charitable activities Other 97.466 1.780 97,466 1,780 84,081 1.561 Total 99.246 99.246 85.642 Net gains on investments 52,380 52,380 40.933 Transfers between funds Net Income before otl 8alns/{10sses) 52.380 52.380 40,933 Other galns and losses Net movement In funds 52,380 52.380 40,933 Recondllatlon of funds: Total funds brought forward 41,849 41.849 916 Total funds ¢arrfed foThvard 94,229 94,229 41,849 Page 6 Hollin8bury Park Pre*Sthool Ltd Balance Sheet at 31 March 2025 Company NIX 07904951 202S 2024 Current assets Debtors Cash at bank and in hand 578 53,206 53,784 111.935} 41,849 41.849 104594 104.664 110,435} 94.229 Cfedltors: Amount falllng due wlthin one ￿ar Net current assets io T¢)tal assets less current Ilabllltles 94,229 94.229 Net assets exdudlnB penslon asset or Ilablllty Total net assets 41,849 94,229 41.849 The funds of the tharlty Unrestrlrted funds General funds li 94,229 41.849 94.229 41,849 Total funds 94,229 41,849 These accounts have been prepared in accordance with the special provislons of Part 15 of the Companies Art 2006 relating to small companies. For the year ended 31 March 2025 the company was entltled to exemption under sertlon 477 of the Companles Act 2006 relatlng to small companies. The members have not requlred the company to obtsin an audit In accordance with sectlon 476 of the Companles Act 2006. The directors acknowledge thelr responslbllltles for complying with the requlrements of the Cornpanles Act 2006 with respect to accountlng records and the preparatlon of accounts. Approved by the board on And signed on its behalf by. B. Puddlck Trustee Page 7 Hollln8bury Park Pre&hool Ltd Notes to the Accounts for the year ended 31 March 2025 l Accountlng poll¢les Statement of compllan¢e The financial statements have been prepared in accordance with Accountlng and Reportlng by Charlties: Statement of Recommended Practlce appllcable to charltles preparlng their accounts In accordance with the Financial Reportln8 Standard applicable in the UK and Republlc of Ireland (FRS 102) {effectlve I January 2019) - (Charltles SORP 2019 (FRS 1021), the Flnanclal Reportln8 Standard applicable In the UK and Republic of Ireland IFRS 102} and the CompanSes Act 2006 and Charltles Act 2011. Basls of preparatlon HollSngbury Park Pre- School Llmlted meets the definltlon of a publlc beneflt entity under FRS 102. Assets and Llabllltles are Inltlally recognlsed at hlstorlcal cost or transactlon value unless otherwlse stated In the relevant accountlng pollcy notes, Fund a¢countln8 Unrestrlcted funds These are avallable for use at the dlscretlon of the trustee5 In furtherance of the 8eneral objects of the charlty. These are unrestrlcted funds earmarked by the trustees for partlcular purposes. These are unrestrlcted funds whlch Include a revaluatlon reserve representlng the restatement of Investment assets at theSr market values. These are avallable for use subject to restrlctlons Imposed by the donor or through terms of an appeal. Deslgnated funds Revaluatlon funds Restrlcted funds Income Recognltlon of Income Income15 Included In the Statement of Flnanclal A¢tlvStles (SOFA) when the charlty becomes entltled to, and vlrtually certaln to recelve, the Income and the amount of the Income can be measured wlth sufflclent rellablllty. Income wlth related Where Income has related expendlture the Income and related expendlture Is expendlture reported gross In the SOFA. DOna￿On$ and legacles Voluntary Income recelved by way of grants, donatlons and 8lfts Is Included In the the SOFA when recelvable and only when the Charlty has uncondltlonal entltlement to the Income. Page 8 Hollln8bury Park Prtrschool Ltd Note5 to the Accounts Expendlture Recognltlon of expenditure All expenditure Is recognised once there Is a legal or constructlve obllgatlon to that expendlture. It Is probable settlement is requlred and the amount can be measured rellably. All costs are allocated to the appllcable expendlture headln8 that a88re8ate slmllar costs to that category. Where costs cannot be dlrectly attrfbuted to partlcular headlnB5 they have been allocated on a basls conslstent ¥￿th the use of resour￿, wlth central staff costs allocated on the basls of tlme spenL and depreclatlon charges allocated on the portlon of the asset's use. Other support costs are allocated based on the spread of staff costs. Expendlture on These comprlse the costs associated with attrartln8 voluntary Income. fundralsln8 ra151ng funds tradlng Costs and Investment management costs. Expendlture on These comprlse the costs Incurred by the Charity In the dellvery of Its actlvltles and charltable actlvltles 5ervlces In the furtherance of Its objects, Induding the maklng of grants and 80vernance costs. All grant expendtture Is accounted for on an actual pald basls plus an accrual for 8rants that have been appn)ved by the trustses at the end of the year but not yet pald. These Include those costs assoclated wlth meetlng the constltutlonal and statutory requlrements of the Charlty, Includlng any audltllndependent examlnatlon fees, costs Ilnked to the strate8lc mana8ement of the Charlty. together wlth a share of other admlnlstratlon costs. Other expendfture These are support costs not alk>cated to a partlcular actlvlty. Support costs Include central functlons and have been allocated to acthilty Cost cate8orles on a ba515 conslstent wlth the use of resources, for example, all¢xatln8 property costs by floor areas, or per caplta, staff costs by the tlme spent and other costs by their usa8e. Grants payable Governance costs Golni wncern The Trustees conslder that there are materlal uncertalntles about the charity'5 ablllty to contlnue as a goln8 concern nor any $18nfflcant areas of uncertalnty that affect the carryln8 value of assets held by the charlty. Exemptlon from preparln8 4 cash Ilow statement The tharlty adopted Bulletln I published on 2 February 2016 and have thereof not Included a cash flow statement In these flnanclal statements. Trade and other credftors Short term creditors are measured at the transaction prlce. Other credltors and provlslons are recognlsed where the charlty has a present obligatlon resultin8 from a past event that wlll probably result in the transfer of funds to a thlrd party and the amount due to settle the obllgation can be measured or estimated reliably. Credttors and provlsions are nornially recognised at thelr Settlement amount after allowing for any trade dlscounts due. Fund $trurture Unrestrlcted Income funds are general funds that are avallable for use at the trustees's dlscretion In furtherance of the objertlves of the charity. Page 9 Holllngbury pa￿ Pre•School Ltd Notes to the Accounts Flnandal Instruments Flnancial assets and financlal Ilabllltles are recognised when the charlty becomes a party to the contractual provisions of the instrument. Finandal Ilabllltles and equlty instruments are classlfied according to the Substan￿ of the contractual arrangements entered into. An equity instrument Is any contract that evtdences a residual Interest in the assets of the charity after deductlng all of Its liabllltles. Penslon tosts The charity operates a defined contrlbution plan for Its employees. A defined contrIbU￿On plan is pension plan under which the company pays fixed contrlbutions into a separate entity. Once the contrlbutlons have been pald the company has no further payments obllgatlons. The contributions are recognised 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 admlnlstered funds. Recelpt of donated 8oods, facllltles and 5eThlces All donated goods. facllltles and services received are recognised wlthln incoming resources and expendlture at an estlmate of the value to the charity. 2 Charlty status The charlty Is a charlty limlted by guarantee and consequently does not have share capital. Each of the trustees Is Ilable to contrlbute an amount not exceedlng £1 towards the assets of the tharfty In the event of liquldatlon. The charlty is Incorporated In England and Wales. The address of Its registered offlce Is: Holllngbury Park Pavillion Ditchling Road Brlghton East Sussex BNI 6JU Page 10 Holllngbury Park Pre-school Ltd Notes to the Accounts 3 Statement of Flnanclal Actlvltles- prfor year Unrestrlcted funds Totsl funds 2024 2024 Income and endowments from: Other 126,575 126,575 Total 126,575 126,575 Expendlture on: Charitable actfvltles 84,081 1,561 85,642 84.081 1.561 Other Totsl 85,642 Net Income 40,933 40,933 Net Income before other 8alns/{losses) Other aalns and losses: Net moven*nt In funds 40,933 40,933 40,933 40,933 Reconclllatlon of funds: Total fund5 brought forward Total funds carrled forward 916 916 41,849 41,849 4 Other Irtcome Unrestrkted Total 2025 Total 2024 Fees and supplles 151,626 151,626 126,575 151.626 151,626 126,575 Durin8 the year, the Charlty recelved funding totallin8 £134,266 {2024: £104,189) Included in fees and supplles from Brlghton and Hove Clty Coundl as part of the Early Years Free Entltlement (EYFE) scheme. The funds are used towards provldlng servlces carried out by the charlty and are deslgnated towards such use. 5 Expendlture on charltable actlvltle5 Unrestrlcted Total Total 2024 2025 Governance costs Accountant Fees-other fees paid to auditors/accountants Allocated support cost 3,509 3,$09 3.327 93,957 93,957 80,754 97,466 97,466 84,081 Included wlthin governance costs IS £2,064 {2023: £2,004) Sn relatlon to accountancy and Independent examination services provlded. Page 11 Hollln8bury Park Prfrschool Ltd Notes to the Attounts 6 Other expendlture Unrestrlcted T¢Jtal 2025 Total 2024 Employee costs General admlnlstratfve costs 1,712 68 1,712 68 1.466 95 1.780 1.780 1.561 7 Trustee remuneratlon and expenses One or more of the trustees has been pald femuneratlon In the current or prlor perl¢)ds. Other benefits Trustee E. Jenkins B. Puddlck Remunerntlon 17,506 21,456 Pens10Tr 525 8 Staff costs 2024 1,466 1,466 Penslon costs L712 L712 No employee recelved emoluments In excess of £60,000. The average monthly number of full tome equivalent employees durlng the year was as follows: 2025 Number 2024 Number 9 Debtors 2025 2024 Prepayments and accrued Income 70 70 578 578 10 Credltors: amounts falllng due wlthin one yeaf 2025 2024 Trade creditors Other taxes and social securlty Other credltors Accruals 7.436 510 425 9,295 367 268 2,005 11.935 10.435 Page 12 Holllngbury Park Pre-sthool Ltd Notss to the Attounts 11 Movement In funds Incomlns (Indudlni Resources other expended At l Aprll galnsnos At31 March 2025 Restrlcted fiffids: Unrestrlrted funds: General funds 41.849 151.626 (99.246) 94,229 Total funds 41,849 151,626 (99,246) 94.229 Purposes and restrlctlons In relatlon to the fvnds: Unrestrlrted funds: Genernl funds Total funds 916 916 126,575 126,575 185,642) {85,642) 41,849 41,849 12 Analysls of nrt •sMts between funds Unrestrlrted fund$ At31 Marth 2025 Current assets Current Llabllltles 104,664 {10,4351 94.229 104,664 (10,435) 94,229 At31 March 20Z4 53,784 (11,935) 41,849 Unrestrlrted furMIs Current asset Current Ilabllitles 53,784 111,935) 41.849 13 Re￿nCIlIatIOn of net debt At31 Marth 2025 At l Aprll 2024 Cash fl(Thvs Cash and cash equlvalents 53.206 53.206 51,388 51.388 104,594 104,594 Net debt 53.206 51.388 104,594 Page 13 Holllngbury Park Pre•Sthool Ltd Notes to the Accounts 14 Penslon commltments 2025 The pension cost charge to the company amounted to: 1,712 1,466 15 Related party dlsc105ure5 Controlllng party The company Is Ilmited by guarantee and has no share capltal,. thus no slngle party controls the company. 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