**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
3. 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
4. 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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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
Page 16