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← Early Days Pre-School

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 08205128 (England and Wales) REGISTERED CHARITY NUMBER: 1150645

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EARLY DAYS PRE-SCHOOL

EARLY DAYS PRE-SCHOOL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15 to 16

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025.

The trustees have adopted the provisions of 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 January 2015).

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities, and in particular, the specific guidance on charities for the advancement of Education.

The charity's purpose as set out in the objects contained in the company's memorandum of association are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:

1) Offering appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;

2) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs;

3) Instigating and adhering to and further the aims and objects of the Preschool Learning Alliance.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Pre-School has continued to enrol children in the local area. There are a wide mix of age ranges attending and we continue to attract children attending the nursery at Oughton School for lunches and the afternoon wraparound care.

A maximum of 30 children aged from their second and up to their fifth birthday may attend the Pre-School at any one time. There were over 40 children on roll, all of whom are in the early years age range. The Pre-School receives government funding for early education places - this can be for 15 or 30 hours. It supports children with special educational needs and/or disabilities and those who speak English as an additional language, numbers of which are increasing. Up to 9 staff directly work with the children.

Fundraising activities

We have completed the following fundraising activities this year and raised a total of £890.38, which includes an amount for Toddle Waddle of £413.00, which although was conducted in the 2025-26 financial year, some parents deposited funds into the bank account prior to 31 March 2025.

The other fundraising activities and the amounts raised included: Christmas Fundraising (Baubles, Christmas Party) £77.50 North Herts Lottery commission £337.50 Easyfundraising commission £16.15 Voluntary snack donation £34.23 (this was discontinued in September 2025). Ad hoc payments £12.00

We are also part of the North Herts Lottery incentive and receive monthly payments from North Herts Lottery. This is based on the number of tickets sold against Early Days Pre-School - we receive 50% of all ticket sales. A small amount was also raised through shopping via www.easyfundraising.co.uk.

There are also occasional small ad hoc payments from parents via overpayment of fees etc.

Page 1

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

The total income for the period of trading was £179,890. The majority of the income for the Pre-School comes from Government funding for pre-school children (£160,508). The remainder is obtained from fees charged to parents (£19,382) and further fundraising/voluntary donations.

At 31 March 2025, we had net cash assets of £56,409 which are held in our bank accounts.

Parent hourly fees were increased in September 2024, to try and offset the increases in National Minimum Wage and National Insurance contributions and the rises in the general costs of living. We continue to remain competitive with other settings in the area.

Early Days Pre-School use a company called Peninsula for HR and Health & Safety Advice/support - these are invaluable services to the management to ensure we are meeting all our legal obligations. We also subscribe to the Employee Assistance Programme which provides support to staff via Health Assured. These services and associated costs are being reviewed and may be reduced during the next financial year.

At the time of the report, once again, our only ongoing debt remains the outstanding rent between April 2016 and November 2019. This was accrued whilst the lease was being negotiated and we could not pay as we were not invoiced. We have still not received an invoice for the rent owing between April 2016 and November 2019. This has been followed up by Early Days Pre-School with Carter Jonas, the company responsible for managing the lease and accounts on behalf of Hertfordshire County Council.

The lease renewal process was started and at the time of the report, had been agreed (November 2024). Legal costs associated with this renewal were part of this year's outgoings. There was an error in the previous report: The rent increase was from £1050 per annum (paid quarterly) to £1,440 per annum (paid quarterly) - a 37% increase.

During this financial year, an accounting system (FreeAgent) provided free through NatWest bank continues to be used to reconcile transactions and invoicing of parent fees, so payments made via BACS can be reconciled, making parent fee invoicing more robust. Most parents now pay via BACS rather than cash and therefore a decision was made to reconcile cash book payments on a termly basis.

A decision was reluctantly made, due to a change in legislation, that a consumables charge would be implemented from September 2024, to help cover costs of snacks, food, nappies, wipes etc. We have always requested a voluntary snack donation, but this was generally poorly contributed to (total of £108 in 2024-25). We are unable to raise funds in many additional ways and most of the children attending are funded and attend only for those funded hours, and the level of funding is insufficient to meet the costs required to run the pre-school to the high standards we aspire to.

Capital projects were minimal during this financial year. The greatest additional cost was the legal fees for the lease renewal.

The financial constraints continue and legislation changed again early 2025 related primarily to the consumables charge, introduced in the previous financial year, which meant that this charge can now only be voluntary from April 2025. Details of what this charge encompasses needs to be clearly itemised on our external facing website by January 2025.

A review of our overall budget, reserves and funds is currently being conducted, at the time of writing the report (July 2025). The National Living Wage from 1 April 2025 increases from £11.44 to £12.21. Employer National Insurance contribution percentage also increases: the full impact of this is yet to be realised due to the employment allowance. Despite the increases in all these external expenses, the NEF funding rate did not increase accordingly, resulting in another financial impact on our financial resources.

FUTURE PLANS

Early Days Pre-School are continuing to enhance the setting in various ways, including the outdoor area. However, there are no plans for any major work in the next Financial Year.

During 2025-26, we will look at whether Gift Aid can be used for voluntary donations and fundraising events.

We may consider adding a Breakfast Club to our services during the next financial year. Feasibility of this will be determined.

Page 2

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 6 September 2012 and has no share capital. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1 (one pound).

Recruitment and appointment of new trustees/management committee

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as the members of the Management Committee. Most members of the Management Committee give their time voluntarily and receive no benefits from the charity. One director, Mrs Paula Carr, the Pre-School manager, is a director and trustee but does not receive or will receive any remuneration for their trustee role and play no part in any management decisions that may directly affect them (eg salary rises). It is always the aim to recruit trustees from the parents of the children attending the Pre-School.

There have been several changes in the trustees/Directors during this reporting period: 3 directors have been appointed: o Mr Andrew Sean Hyde o Mrs Kayleigh Hyde o Ms Natalie Claire Whyman-Keighleigh and 2 directors have resigned: o Miss Emma Lightening o Miss Stella King

Mrs Emma Lightening was due to be part of the Registration, however, there were issues with her ability to log onto the Government Gateway in order to apply to OFSTED, and so she withdrew before taking any active role on the committee. She was then removed from Companies House and Charity Commission (required to be input in order to apply to OFSTED).

The management committee aim to meet at least 3 times a year, but this was not met in the last year. An agenda and minutes are produced with actions. Decisions of the committee (resolutions) can be made at meetings or via email discussions/decisions via Microsoft forms, and these paper decisions are retained.

The committee members are responsible for making decisions on all matters of general concern and importance to Early Days Pre-School, including deciding on how the funds are to be spent. They are also responsible for ensuring appropriate remuneration of staff and payment of invoices. However, the day to day running, and planning activities of the Pre-School itself are primarily the responsibility of the Pre-School manager, with input from the committee, when necessary.

Page 3

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

Early Days Pre-School was registered in November 2002 and became a Company limited by guarantee on 6 September 2012. On 5th November 2019, the name was officially changed from 'Early Days Playgroup' to 'Early Days Pre-School' in order to better reflect the activities that we do and service we provide. A new logo was also produced.

The Pre-School operates from a large, self-contained room on the site of Oughton Primary and Nursery School in Hitchin, which is in a designated area of deprivation. The children have access to an outdoor area and a covered outdoor classroom.

The Pre-School operates Monday to Friday during term times (38 weeks) between the hours of 8.45am and 3.15pm. This includes a morning and afternoon session of 3 hours each and a lunch club between 11.45am and 12.15pm. Children can attend for a variety of sessions. A maximum of 30 children aged between two and five years may attend the Pre-School at any one time. There can be up to 70 children on roll, all of whom are in the early years age range and the Pre-School receives funding for early education places. It supports children with special educational needs and/or disabilities and those who speak English as an additional language. We have a dedicated SENDCo to support children

Eight staff directly work with the children and hold relevant National Vocational Qualifications (NVQs) at level 2 or 3 and receive additional appropriate training when required. An additional member of staff is employed as the Administrative Manager for both the committee and Pre-School staff. The Pre-School is registered with Ofsted on the Early Years Register and the compulsory and voluntary parts of the Childcare Register. All staff (including admin) who were working at Early Days completed their Paediatric First Aid Training in January 2022.

Risk management

The directors/trustees have a duty to identify and review the risks to which the charity is exposed and ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

08205128 (England and Wales)

Registered Charity number

1150645

Registered office

Oughton Primary And Nursery School Mattocke Road Hitchin Hertfordshire SG5 2NZ

Trustees

Mrs D Mitchell Mrs P G Carr Mrs S King (resigned 7.3.2025) Miss R Lyden Miss J L Papapetrou Mrs E Lightening (resigned 5.6.2024) A S Hyde (appointed 14.3.2025) Mrs K Hyde (appointed 14.3.2025) Ms N C Whyman-Keighley (appointed 5.4.2024)

Page 4

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Alf Del Basso Jones Hunt & Keelings Chartered Certified Accountants and Chartered Tax Advisers 7-8 Portmill Lane Hitchin Hertfordshire SG5 1DJ

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 8 December 2025 and signed on its behalf by:

Ms N C Whyman-Keighley - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

Independent examiner's report to the trustees of Early Days Pre-School ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts 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 accounts 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 accounts to be reached.

Alf Del Basso

Jones Hunt & Keelings Chartered Certified Accountants and Chartered Tax Advisers 7-8 Portmill Lane Hitchin Hertfordshire SG5 1DJ

8 December 2025

Page 6

EARLY DAYS PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
179,890
Other trading activities
3
840
Investment income
4
680
Total
181,410
EXPENDITURE ON
Raising funds
10
Charitable activities
Charitable activities
30,365
Staff costs
160,529
Total
190,904
NET INCOME/(EXPENDITURE)
(9,494)
RECONCILIATION OF FUNDS
Total funds brought forward
58,545
TOTAL FUNDS CARRIED FORWARD
49,051		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-		 2025
Total
funds
£
179,890
840
680
181,410
10
30,365
160,529
190,904
(9,494)
58,545
49,051		 2024
Total
funds
£
164,754
1,826
671
167,251
-
31,420
146,412
177,832
(10,581)
69,126
58,545

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 7

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

BALANCE SHEET 31 MARCH 2025

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
9
1,158
-
CURRENT ASSETS
Debtors
10
168
-
Cash at bank
56,409
-
56,577
-
CREDITORS
Amounts falling due within one year
11
(8,684)
-
NET CURRENT ASSETS
47,893
-
TOTAL ASSETS LESS CURRENT
LIABILITIES
49,051
-
NET ASSETS
49,051
-
FUNDS
13
Unrestricted funds
TOTAL FUNDS		 2025
Total
funds
£
1,158
168
56,409
56,577
(8,684)
47,893
49,051
49,051
49,051
49,051		 2024
Total
funds
£
2,386
2,561
61,795
64,356
(8,197)
56,159
58,545
58,545
58,545
58,545

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance 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 8 December 2025 and were signed on its behalf by:

N C Whyman-Keighley - Trustee

The notes form part of these financial statements

Page 8

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. 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) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the pound sterling (£).

Significant judgements and estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Trustees' opinion, there are no significant judgements or key sources of estimation uncertainty.

Financial instruments

The charity only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 20% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 9

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Parents contributions
Funding		 2025
£
19,382
160,508
179,890		 2024
£
28,546
136,208
164,754

Funding obtained generally are shown as an incoming resource. Funding obtained specifically are offset against the resource expenditure in the period which it relates.

3. OTHER TRADING ACTIVITIES

3. OTHER TRADING ACTIVITIES
2025 2024
£ £
Fundraising events 840 1,826
4. INVESTMENT INCOME
2025 2024
£ £
Interest receivable - trading 680 671
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation - owned assets 1,228 2,270

continued...

Page 10

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6. TRUSTEES' REMUNERATION AND BENEFITS

Remuneration of £29,856 (2024 - £27,579) was paid to P Carr during the year for her role as Pre-School manager and OFSTED nominated person, no remuneration was received for her role as trustee.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

8.

Day care staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
164,754
Other trading activities
1,826
Investment income
671
Total
167,251
EXPENDITURE ON
Charitable activities
Charitable activities
31,420
Staff costs
146,412
Total
177,832
NET INCOME/(EXPENDITURE)
(10,581)
RECONCILIATION OF FUNDS
Total funds brought forward
69,126
TOTAL FUNDS CARRIED FORWARD
58,545		 2025
9
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-		 2024
9
Total
funds
£
164,754
1,826
671
167,251
31,420
146,412
177,832
(10,581)
69,126
58,545

continued...

Page 11

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

9. TANGIBLE FIXED ASSETS

9. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
£ £ £
COST
At 1 April 2024 and 31 March 2025 9,459 6,121 15,580
DEPRECIATION
At 1 April 2024 8,987 4,207 13,194
Charge for year 472 756 1,228
At 31 March 2025 9,459 4,963 14,422
NET BOOK VALUE
At 31 March 2025 - 1,158 1,158
At 31 March 2024 472 1,914 2,386
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors - 2,279
Prepayments and accrued income 168 282
168 2,561
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Social security and other taxes 2,735 1,950
Accruals and deferred income 5,949 6,247
8,684 8,197
12. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£ £
Within one year 1,440 1,172
Between one and five years 5,280 6,720
6,720 7,892

continued...

Page 12

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13. MOVEMENT IN FUNDS

At 1.4.24
£
Unrestricted funds
General fund
58,545
TOTAL FUNDS
58,545
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
181,410
TOTAL FUNDS
181,410
Comparatives for movement in funds
At 1.4.23
£
Unrestricted funds
General fund
69,126
TOTAL FUNDS
69,126
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
167,251
TOTAL FUNDS
167,251		 Net
movement
At
in funds
31.3.25
£
£
(9,494)
49,051
(9,494)
49,051
Resources
Movement
expended
in funds
£
£
(190,904)
(9,494)
(190,904)
(9,494)
Net
movement
At
in funds
31.3.24
£
£
(10,581)
58,545
(10,581)
58,545
Resources
Movement
expended
in funds
£
£
(177,832)
(10,581)
(177,832)
(10,581)

continued...

Page 13

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.23 in funds 31.3.25
£ £ £
Unrestricted funds
General fund 69,126 (20,075) 49,051
TOTAL FUNDS 69,126 (20,075) 49,051

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
348,661
348,661		 Resources
Movement
expended
in funds
£
£
(368,736)
(20,075)
(368,736)
(20,075)		 Resources
Movement
expended
in funds
£
£
(368,736)
(20,075)
(368,736)
(20,075)
(20,075)

14. EMPLOYEE BENEFIT OBLIGATIONS

The Charity operates an auto-enrolment pension scheme for the benefit of its employees. During the year, the Charity contributed £2,615 (2024 - £2,220).

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

16. ULTIMATE CONTROLLING PARTY

The charity is controlled by the trustees.

Page 14

EARLY DAYS PRE-SCHOOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Donations and legacies
Parents contributions
Funding
Other trading activities
Fundraising events
Investment income
Interest receivable - trading
Total incoming resources
EXPENDITURE
Staff costs
Wages
Social security
Pensions
Training
Support costs
Management
Purchases
Insurance
Telephone
Postage and stationery
Sundries
Subscriptions
Finance
Bank charges
Bad debts
Information technology
Computer expenses
Property expenditure
Premises costs
Carried forward		 2025
£
19,382
160,508
179,890
840
680
181,410
151,792
5,516
2,615
797
160,720
4,144
1,214
1,683
195
940
4,852
13,028
302
143
445
588
7,641
7,641		 2024
£
28,546
136,208
164,754
1,826
671
167,251
140,566
2,978
2,220
150
145,914
5,473
1,166
1,380
220
1,018
4,521
13,778
318
693
1,011
493
11,159
11,159

This page does not form part of the statutory financial statements

Page 15

EARLY DAYS PRE-SCHOOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Property expenditure
Brought forward
Improvements to property
Computer equipment
Governance costs
Accountancy and legal fees
Total resources expended
Net expenditure		 2025
£
7,641
472
756
8,869
7,254
190,904
(9,494)		 2024
£
11,159
1,892
378
13,429
3,207
177,832
(10,581)

This page does not form part of the statutory financial statements

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