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2025-08-31-accounts

Trustees’ Annual Report for the period From: 01/09/2024 Period start date To: 31/08/2025 Period end date

Charity name: Magpie Pre-School Charity Registration Number: 115332811

Objectives and Activities:

Objectives and Activities:
SORP
reference
Summary of the purposes
of the charity as set out in
its governing document
Para 1.17 The charity works for the public beneft
having as its objective the
development and education of
children and young people, in
particular by: (1) promoting their care
and safety, (2) promoting their
education and promoting parental
involvement, (3) promoting their
health and wellbeing, (4) providing
services to support them and their
families and carers, (5) providing
services to individuals holding
membership of the CIO, and (6)
furthering the aims of the Pre-School
LearningAlliance.
Summary of the main
activities in relation to
those purposes for the
public beneft, in
particular, the activities,
projects or services
identifed in the accounts.
Para 1.17 and
1.19
Our main activity is to deliver the Early
Years Foundation Stage, within our
fully inclusive setting for 2 to 5-year-
olds,. In order to do this, we employ
childcare managers and practitioners
who undertake joint daily planning of
activities to meet the needs and
interests of the children attending our
setting. We deploy a key person
approach to ensure that the progress
and well-being of all individual
children is constantly monitored and
feeds into future planning. We ensure
that our staf are well trained and
therefore able to successfully meet
the needs of the children in our care.
We promote the importance of the
learning environment and endeavour
to make this as stimulating as
possible. We listen to the views of
children, parents and staf and use
this feedback to inform our
improvement work. We accurately
assess our children and provide this
information to KCC as requested. We
develop positive relationships with
parents and carers and invite them
into our setting as observers or
helpers. We value all children as
individuals and celebrate Britain’s
diversity of culture of ethnicity. We
help the children in our care to be
happy and healthy. We have policies
and procedures in place for all
aspects of safeguarding, child
protection and health and safety, and
we use staf training days and
meetings to ensure all staf are fuent
in these. We follow the
recommendations ofered by our
Childcare Suficiency Oficer and the
guidance available from the Pre-
School LearningAlliance.
Statement confrming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
beneft
Para 1.18 In all of our work we (the trustees)
have regard to the guidance issued by
the Charity Commission on public
beneft.
Achievements and Performance Achievements and Performance Achievements and Performance
Summary of the main
achievements of the
charity, identifying the
diference the charity’s
work has made to the
circumstances of its
benefciaries and any
wider benefts to society
as a whole.
Para 1.20 During the year, the charity provided a
safe, nurturing, and inclusive early
years setting for children aged 2–4,
many of whom come from families
who rely on government-funded
childcare places. As a not-for-proft
organisation, we have continued to
welcome all children, including those
who might not be accepted by more
commercially driven nurseries. This
ensures that families of all fnancial
backgrounds are able to access high-
quality early years education and care.
Recognising that the setting had
sufered from underinvestment in
previous years, the committee took
deliberate steps to improve the
environment and overall quality of
provision. These eforts included
substantial improvements to indoor
and outdoor spaces, investment in
appropriate furniture and equipment,
and a general uplift in the atmosphere
and usability of the setting.
These changes have had a
transformational efect. Towards the
end of the year, we reached full
capacity and the setting is no longer
viewed as a last resort for childcare,
but as a setting of choice. We now
serve a broad and diverse cross-
section of our community, with
children from diferent backgrounds
mixing wonderfully in a joyful,
engaging, and caring environment.
The result is a setting that provides a
genuinely happy and enriching start
for its children — one that supports
early learning, builds social
confdence, and promotes inclusion
and opportunity within the wider
community.
Financial Review
Review of the charity’s
fnancial position at the
end of the period
Para 1.21 Total revenue for the year amounted to
£136,001.58, together with a further
£315.81 of interest earned on our
reserve funds. Total expenditure was
£128,211.31, resulting in an overall
revenue surplus of £7,790.27 for the
year.
When considering the underlying
operating position, operating revenue
was £133,980.84 compared with
operating costs of £120,685.11. This
resulted in an operating surplus of
£13,295.73, representing a substantial
improvement on the £2,809.70
operating surplus achieved during
2023/24.
This is particularly encouraging as it
demonstrates that the preschool is
nowgeneratingsuficient income not
only to meet its day-to-day running
costs, but also to fund ongoing
investment in the setting from
operating profts rather than relying
upon withdrawals from reserves.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Our policy is to hold the equivalent of
a term’s funds as a reserve. (There are
6 terms within our fnancial year.) This
enables us to manage our cash fow
during the autumn months (Terms 1 &
2), when our income is signifcantly
lower. Where possible unspent
monies are also held in reserve to
cover unplanned as well as expected
maintenance costs of the building and
grounds. Restricted access reserves
are held in the savings account to
cover redundancy and other known
costs should there be an unforeseen
need to close thepre-school.
Amount of reserves held Para 1.22 At the start of the year, the preschool
held total bank reserves of
£35,406.06.
At 31st August 2025, total bank
reserves stood at £43,512.14,
representing an increase of £8,106.08
during the year (which includes the
earlier identifed surplus revenue, plus
earned interest). This improvement
refects both the strong operating
performance achieved during the year
and the interest earned on reserve
funds.
The increase in reserves is particularly
pleasing given that signifcant
investment in improvements was also
undertaken during the year. It
demonstrates that the preschool has
successfully strengthened its fnancial
position whilst continuing to enhance
the environment and resources
available to children.
Details of fund materially
in defcit
Para 1.24 No funds are materially in defcit
currently.
Explanation of any
uncertainties about the
Para 1.23 The Trustees are not aware of any
material uncertainties that cast
charity continuing as a
going concern
signifcant doubt on the charity's
ability to continue as a going concern.
The charity remains fnancially
sustainable, with a strong and
improving operating position, healthy
reserves, and sustained demand for
its services. The preschool continues
to operate at full capacity, and the
Trustees are satisfed that the charity
has adequate resources to continue
its activities for the foreseeable future

Additional Information (optional)

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The charity's principal sources of
funding are government Early Years
Funding received in respect of eligible
children aged 2 to 4, together with fees
paid by parents. Parent fee income
includes fees for children not eligible
for funded hours, together with
additional charges where families
choose to purchase childcare in
excess of their funded entitlement.
The Trustees continue to monitor
funding arrangements and occupancy
levels to ensure the long-term
fnancial sustainabilityof the charity.
Structure, Governance and Management Structure, Governance and Management Structure, Governance and Management
Type of governing
document
Para 1.25 Constitution Document
How is the Charity
Constituted
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
Para 1.25 Members of the preschool (i.e family
members) may ofer to become a
trustee at any point though are invited
to put themselves forward at the AGM.
Trustees are appointed by existing
committee members/trustees.
Associate members may also be
accepted by the charity where they
can ofer support to the pre-school
and contribute to ensuring and
obtainingthe charitiesgoals.

Additional Information (optional)

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Trustees complete DBS checks in line
with statutory requirements. Trustees
meet regularly (at least once a term),
are in email contact as necessary and
work collaboratively on all aspects of
the role. Induction and training take
place as part of our regular meetings.
Trustees are required to agree to and
sign a trustee Code of Conduct,
Confdentiality policy and Declaration
of Interest policy. Any confict of
interest must be shared before any
decision making and trustees may
need to abstain from voting if there is a
confict of interest. Trustees are also
provided an introductory level of
safeguarding training as non-childcare
volunteers. All trustees give their time
voluntarily and receive no benefts
from the charity.
The charity’s
organisational structure
and any wider network
with which the charity
works
Para 1.51 The Pre-School management
structure consists of a full-time pre-
school Manager who has overall
responsibility for the pre-school and
the stafing team. A Deputy Manager
leads on the foor supported by their
team to ensure the daily childcare and
safety needs are met. The Manager is
the Ofsted nominated person and also
is a trustee. The committee work
closely with the Manager to ensure all
requirements and legislation are met
and work together on staf
recruitment. Staf salaries are
reviewed by the trustees annually. The
Manager is excluded from discussion
of their salaryreview.
Relationship with any
related parties
Para 1.51 Where benefcial or appropriate, the
Manager and/or Trustees meet with
the Head Teacher and/or Early years
lead at Boughton Primary school.
Magpie pre-school is separate to, but
is situated with on the grounds of the
school.

Reference and Administrative Details

Charity Name: Magpie Pre-School

Other names the charity uses: Registered Charity Number: 115332811

Charity’s Principal address: Magpie Preschool, C/O Boughton-under-Blean & Dunkirk Primary School, School Lane, Boughton-under-Blean, Faversham, ME13 9AW

For and on behalf of Magpie Preschool, by:

Justin Bradford Treasurer, Trustee

Tracie Corrigan, Manager, Trustee

Magpie's Annual Accounts Sept-24 to Aug-25

Date Type Description
Paid Out
Paid In
Opening
2-Sep-24 DD BETTER WASTE 89.34
2-Sep-24 SO BOUGHTON SCHOOL 40
5-Sep-24 CR KCC PAYMENT ACCOUN 132.6
7-Sep-24 BP T. Keen Electrical IN 284.28
11-Sep-24 CR L Gray Harper Gray 164.25
13-Sep-24 BP Hames&Sons Magpie 90
16-Sep-24 CR KCC PAYMENT ACCOUN 100
16-Sep-24 CR Cheesman Jade LOTTIE LOVE 241.92
17-Sep-24 DD E.ON NEXT LTD 52.3
17-Sep-24 DR TOTAL CHARGES TO 5
20-Sep-24 DD BT GROUP PLC 43.99
20-Sep-24 DD NEST 298.53
25-Sep-24 BP J. CHEESMAN SALAR 1084.79
25-Sep-24 BP Miss R K K Allan Salar 1152.83
25-Sep-24 BP Tracie Corrigan Salar 1462.69
25-Sep-24 BP Miss A May SALARY 836.48
25-Sep-24 BP T J Kay Salary 1023.1
25-Sep-24 BP Glenis Kiernan Salary 318.17
25-Sep-24 BP N Bartholomew Salar 956.81
25-Sep-24 BP Mr L L Moat Moats Ma 198.62
25-Sep-24 BP Mrs B Harris Non-slip 252.34
25-Sep-24 BP Mrs B Harris heat gun 39.2
27-Sep-24 DD ICO 35
29-Sep-24 CR Prior Daniel MOLLY PRIOR 164.25
30-Sep-24 DD CSG GLOBAL EDUCA 33.59
30-Sep-24 DD KENTCC RECEIVABLE 600
1-Oct-24 DD BETTER WASTE 196.14
1-Oct-24 SO BOUGHTON SCHOOL 40
1-Oct-24 TFR 402135 10077291 INTERNET TRANSFER 4000
1-Oct-24 BP Mrs B Harris Uniform 142.17
3-Oct-24 DD GOCARDLESS 46.92
5-Oct-24 CR JONES K & K Emmet Jones 180
8-Oct-24 BP Mrs B Harris AO - Tum 344
10-Oct-24 BP Mrs B Harris LTR Supp 142.17
11-Oct-24 CR BERTIE'S NURSERY SYSTEMS LEADERSHIP 518.5
13-Oct-24 CR WHITTALL SD BERTIE WHITTALL 55.8
16-Oct-24 DD E.ON NEXT LTD 130.47
16-Oct-24 OBP HMRC PAYE/NIC SPL 100
17-Oct-24 DD CSG GLOBAL EDUCA 101.21
17-Oct-24 CR Cheesman Jade LOTTIE LOVE 241.92
18-Oct-24 DR TOTAL CHARGES TO 5
18-Oct-24 CR J Jordan Renesmee horne 180
18-Oct-24 BP GECCHELE M Phi Hill-Howgate 919.8
18-Oct-24 BP GECCHELE M Lucas Hill-Howgate 357.22
18-Oct-24 CR C French Darcie french 252
19-Oct-24 BP NUTTALL L Elias Nuttall 309.67
21-Oct-24 DD BT GROUP PLC 43.99
21-Oct-24 DD NEST 279.24
21-Oct-24 CR Airey Lauren BEAUEN AIREY 446.4
22-Oct-24 CR BCMY LTD 31.5
22-Oct-24 CR KCC PAYMENT ACCOUN 178.94
23-Oct-24 CR C Bushell EVELYN GILES-LEE 166
24-Oct-24 BP Enhanced Building I 588
25-Oct-24 BP J. CHEESMAN SALAR 1136.61
25-Oct-24 BP Miss R K K Allan Salar 1131.09
25-Oct-24 BP Tracie Corrigan Salar 1370.59
25-Oct-24 BP Miss A May SALARY 836.48
25-Oct-24 BP Glenis Kiernan Salary 318.17
25-Oct-24 BP N Bartholomew Salar 1073.42
25-Oct-24 BP T J Kay Wages 1098.47
30-Oct-24 DD GOCARDLESS 46.92
31-Oct-24 DD CSG GLOBAL EDUCA 76.65
1-Nov-24 DD BETTER WASTE 72.92
1-Nov-24 SO BOUGHTON SCHOOL 40
1-Nov-24 BP Enhanced Building I 588
7-Nov-24 CR Reed Cheryl LEO REED 129
7-Nov-24 BP Tracie Corrigan Magp 148.2
11-Nov-24 CR KCC PAYMENT ACCOUN 33200.72
12-Nov-24 CR L Gray HARPER GRAY 157.5
13-Nov-24 CR Cheesman Jade LOTTIE LOVE 241.92
17-Nov-24 DR TOTAL CHARGES TO 5
19-Nov-24 DD E.ON NEXT LTD 199.94
20-Nov-24 DD BT GROUP PLC 43.99
21-Nov-24 DD NEST 292.59
25-Nov-24 BP J. CHEESMAN SALAR 1188.41
25-Nov-24 BP Miss R K K Allan Salar 1039.71
25-Nov-24 BP Tracie Corrigan Salar 1462.89
25-Nov-24 BP Miss A May SALARY 1034.38
25-Nov-24 BP T J Kay Wages 1074.85
25-Nov-24 BP Glenis Kiernan Salary 318.17
25-Nov-24 BP N Bartholomew Salar 938.29
26-Nov-24 BP AIBL Re Towergate 1697.45
27-Nov-24 DD CSG GLOBAL EDUCA 128.54
27-Nov-24 BP Tracie Corrigan For A 119.96
27-Nov-24 CR Airey Lauren BEAUEN AIREY 437.5
29-Nov-24 CR P Chatukuta TIVONA 157.5
1-Dec-24 CR Prior Daniel MOLLY PRIOR 157.5
2-Dec-24 DD GOCARDLESS 46.92
2-Dec-24 DD BETTER WASTE 94.14
2-Dec-24 SO BOUGHTON SCHOOL 40
4-Dec-24 VIS BOUGHTON VILLAGE 6.44
9-Dec-24 CR HMRC PAYE 5483
9-Dec-24 BP Jack Crittenden Magp 200
12-Dec-24 VIS AMZNMktplace*VJ9Y 17.93
12-Dec-24 ))) TESCO STORES 2526 14
12-Dec-24 ))) HOME BARGAINS FA 15.53
12-Dec-24 CR JONES K & K EMMET JONES 175
12-Dec-24 CR WHITTALL SD BERTIE WHITTALL 157.5
13-Dec-24 CR J Jordan RENESMEE HORNE 180
13-Dec-24 BP AIBL Re Towergate M 282.54
13-Dec-24 BP NUTTALL L Elias Nuttall 299.67
15-Dec-24 CR C French DARCIE FRENCH 245
17-Dec-24 CR NATIONAL SAVINGS A LHIL51969 333.41
17-Dec-24 CR NATIONAL SAVINGS A OHIL60274 882
17-Dec-24 DD E.ON NEXT LTD 474.66
18-Dec-24 DR TOTAL CHARGES TO 5
18-Dec-24 CR Cheesman Jade LOTTIE LOVE 170.91
19-Dec-24 BP Tracie Corrigan Magp 103
19-Dec-24 CR Reed Cheryl LEO REED 150.5
20-Dec-24 DD BT GROUP PLC 43.99
20-Dec-24 DD NEST 296.13
20-Dec-24 BP J. CHEESMAN SALAR 1144.74
20-Dec-24 BP Miss R K K Allan Salar 1252.87
20-Dec-24 BP Tracie Corrigan Salar 1462.69
20-Dec-24 BP Miss A May SALARY 1236.01
20-Dec-24 BP T J Kay Wages 965.92
20-Dec-24 BP Glenis Kiernan Salary 318.17
20-Dec-24 BP N Bartholomew Salar 623.53
20-Dec-24 CR C Bushell EVELYN GILES-LEE 145.25
20-Dec-24 ))) TESCO STORES 2526 11.3
20-Dec-24 ))) HOME BARGAINS FA 5.95
23-Dec-24 VIS A LA TURKA Herne Ba 148.18
24-Dec-24 DD CSG GLOBAL EDUCA 41.68
24-Dec-24 DD KENTCC RECEIVABLE 600
2-Jan-25 DD BETTER WASTE 89.34
2-Jan-25 SO BOUGHTON SCHOOL 40
2-Jan-25 BP Boughton Magazine 0 63
6-Jan-25 CR KCC PAYMENT ACCOUN 14248.36
6-Jan-25 VIS SCREWFIX DIRECT W 75.98
7-Jan-25 BP Tracie Corrigan for 1 199.2
9-Jan-25 VIS Amazon.co.uk*4U56 44.66
10-Jan-25 CR KCC PAYMENT ACCOUN 142.8
10-Jan-25 ))) HOME BARGAINS FA 33.34
13-Jan-25 DD GOCARDLESS 46.92
14-Jan-25 ))) TESCO STORES 2526 18.84
17-Jan-25 DD E.ON NEXT LTD 443.17
17-Jan-25 DD CSG GLOBAL EDUCA 32.38
17-Jan-25 DR TOTAL CHARGES TO 5
20-Jan-25 DD BT GROUP PLC 43.99
20-Jan-25 CR Cheesman Jade LOTTIE LOVE 226.8
20-Jan-25 BP Mr L L Moat Moats Ma 148.72
21-Jan-25 DD NEST 289.63
21-Jan-25 VIS WIX.COM 11577959 201.6
22-Jan-25 BP HMRC PAYE/NIC CUM 848.96
23-Jan-25 VIS AMZNMktplace*NH5 5.99
23-Jan-25 VIS AMZNMktplace*M63 19.95
24-Jan-25 BP J. CHEESMAN SALAR 1108.61
24-Jan-25 BP Miss R K K Allan Salar 1153.03
24-Jan-25 BP Tracie Corrigan Salar 1462.69
24-Jan-25 BP Miss A May SALARY 1101.59
24-Jan-25 BP T J Kay Salary 1074.85
24-Jan-25 BP Glenis Kiernan Salary 318.17
24-Jan-25 BP N Bartholomew Salar 938.09
24-Jan-25 BP Travers CL Salary 534.63
24-Jan-25 VIS Amazon.co.uk*IY0U 65.98
27-Jan-25 VIS AMZNMktplace*XL6P 27.94
27-Jan-25 VIS AMZNMktplace*534T 8.59
28-Jan-25 CR L Gray HARPER GRAY 135
28-Jan-25 VIS HPI INSTANT INK U 18.49
29-Jan-25 VIS AMZNMktplace*C66O 7.29
30-Jan-25 DD GOCARDLESS 46.92
31-Jan-25 BP Grays Electrical Mag 3462
3-Feb-25 DD BETTER WASTE 112.14
3-Feb-25 SO BOUGHTON SCHOOL 40
3-Feb-25 CR The Energy Beacon Annual Donation 2000
3-Feb-25 VIS AMZNMktplace*KF34 6.99
3-Feb-25 ))) ALDI STORES FAVER 21.16
6-Feb-25 CR C French DARCIE FRENCH 192.5
6-Feb-25 ))) HOME BARGAINS FA 22.1
6-Feb-25 CR WHITTALL SD BERTIE WHITTALL 187.8
7-Feb-25 CR J Jordan RENESMEE HORNE 100
7-Feb-25 CR JONES K & K EMMET JONES 225
8-Feb-25 CR Airey Lauren BEAUEN AIREY 295.68
10-Feb-25 CR NATIONAL SAVINGS A OHIL60274 423
11-Feb-25 VIS HPI INSTANT INK U 18.49
13-Feb-25 VIS AMZNMktplace*RT7A 18.99
13-Feb-25 ))) HOME BARGAINS FA 19.17
14-Feb-25 DD CSG GLOBAL EDUCA 87.56
14-Feb-25 VIS AMZNMktplace*RT0R 26.99
14-Feb-25 VIS AMZNMktplace*RT4Q 8.95
17-Feb-25 DR TOTAL CHARGES TO 5
18-Feb-25 DD E.ON NEXT LTD 696.43
20-Feb-25 DD BT GROUP PLC 43.99
20-Feb-25 CR Cheesman Jade LOTTIE LOVE 170.01
21-Feb-25 DD NEST 304.89
25-Feb-25 BP J. CHEESMAN SALAR 1196.55
25-Feb-25 BP Miss R K K Allan Salar 1209.4
25-Feb-25 BP Tracie Corrigan Salar 1462.89
25-Feb-25 BP Miss A May SALARY 1168.81
25-Feb-25 BP T J Kay Salary 793.96
25-Feb-25 BP Glenis Kiernan Salary 318.17
25-Feb-25 BP N Bartholomew Salar 938.29
25-Feb-25 BP Travers CL Salary 779.17
25-Feb-25 ))) TESCO STORES 2526 19.1
27-Feb-25 VIS AMAZON* R06HT8PR 9.95
27-Feb-25 VIS AMAZON* R041M2X 4.78
28-Feb-25 CR KCC PAYMENT ACCOUN 259.76
28-Feb-25 DD CSG GLOBAL EDUCA 52.21
28-Feb-25 CR L Gray HARPER GRAY 135
28-Feb-25 VIS WOODLANDS WWW. 1559.98
2-Mar-25 CR Prior Daniel MOLLY PRIOR 135
3-Mar-25 CR KCC PAYMENT ACCOUN 13496.07
3-Mar-25 DD GOCARDLESS 48.48
3-Mar-25 DD BETTER WASTE 92.94
3-Mar-25 SO BOUGHTON SCHOOL 40
4-Mar-25 CR Reed Cheryl LEO REED 118.25
5-Mar-25 DD PPL PRS LTD 135.22
10-Mar-25 VIS AMAZON* RB99Y1AB 25.98
11-Mar-25 BP Tracie Corrigan Magp 43.26
11-Mar-25 BP Mr L L Moat Moats Ma 57.2
11-Mar-25 VIS WOODLANDS WWW.TIGERSHED 143.99
11-Mar-25 VIS HPI INSTANT INK U 18.49
14-Mar-25 DD CSG GLOBAL EDUCA 51.46
14-Mar-25 BP Mr L L Moat Moats Ma 57.2
17-Mar-25 BP Tracie Corrigan for s 65
18-Mar-25 VIS AMAZON* RI7IP1DK 4.49
18-Mar-25 VIS WWW.AMAZON.* RI5 30
19-Mar-25 DD E.ON NEXT LTD 688.28
19-Mar-25 CR NATIONAL SAVINGS A FVOT10198 378
19-Mar-25 VIS AMAZON* RI3M427H 28.47
20-Mar-25 DD BT GROUP PLC 43.99
20-Mar-25 DR TOTAL CHARGES TO 5
20-Mar-25 ))) HOME BARGAINS FA 13.33
21-Mar-25 DD NEST 298.7
22-Mar-25 CR Airey Lauren BEAUEN AIREY 322.56
24-Mar-25 CR Cheesman Jade LOTTIE LOVE 249.48
25-Mar-25 DD KENTCC RECEIVABLE 600
25-Mar-25 BP J. CHEESMAN SALAR 1084.59
25-Mar-25 BP Miss R K K Allan Salar 1152.83
25-Mar-25 BP Tracie Corrigan Salar 1462.69
25-Mar-25 BP Miss A May SALARY 1168.81
25-Mar-25 BP T J Kay Wages 1074.65
25-Mar-25 BP Glenis Kiernan Salary 318.17
25-Mar-25 BP N Bartholomew Salar 886.1
25-Mar-25 BP Travers CL Wages 836.48
25-Mar-25 BP KD Drng Asbsts Ltd 462
26-Mar-25 VIS AMAZON* RW3OK69 4.99
27-Mar-25 ))) HOME BARGAINS FA 10.23
28-Mar-25 CR Marmont Sadie GRACIE HARDAKER 300
31-Mar-25 DD GOCARDLESS 48.48
31-Mar-25 DD CSG GLOBAL EDUCA 205.53
31-Mar-25 BP Tracie Corrigan Pett 33.87
1-Apr-25 DD EARLY YEARS ALLIAN 124
1-Apr-25 DD BETTER WASTE 173.71
1-Apr-25 SO BOUGHTON SCHOOL 40
2-Apr-25 CR C French DARCIE FRENCH 210
3-Apr-25 ))) BOUGHTON VILLAGE 9.04
3-Apr-25 CR C Bushell EVELYN GILES-LEE 87
7-Apr-25 DD GBS RE OFSTED 35
7-Apr-25 VIS AMAZON* R60E36ZT 16.98
8-Apr-25 CR Cheesman Jade LOTTIE LOVE 118.16
8-Apr-25 VIS AMAZON* R66ZX3JJ4 74.24
8-Apr-25 VIS AMAZON* R65FQ406 24.63
8-Apr-25 VIS AMAZON* R66KC50C 11.99
10-Apr-25 VIS HPI INSTANT INK U 18.49
11-Apr-25 CR KCC PAYMENT ACCOUN 18385.03
15-Apr-25 BP Mr L L Moat Moats Ma 211.64
15-Apr-25 CR MAGDA HILL HOWGATE OpheliaHillHowga 438
15-Apr-25 VIS AMAZON* RH9MJ9MV 30.91
16-Apr-25 VIS AMAZON* RH8JT9Q2 8.99
16-Apr-25 VIS AMAZON* RH92T46V 58.05
17-Apr-25 DD E.ON NEXT LTD 518.71
17-Apr-25 DD NEST 325.65
17-Apr-25 DR TOTAL CHARGES TO 5
21-Apr-25 BP HMRC PAYE/NIC CUM 1348.73
22-Apr-25 DD BT GROUP PLC 47.89
23-Apr-25 ))) HOME BARGAINS FA 26.49
25-Apr-25 BP J. CHEESMAN SALAR 1152.85
25-Apr-25 BP Miss R K K Allan Salar 1170.91
25-Apr-25 BP Tracie Corrigan Salar 1527.55
25-Apr-25 BP Miss A May SALARY 1182.68
25-Apr-25 BP T J Kay Wages 1117.01
25-Apr-25 BP Glenis Kiernan Salary 328.07
25-Apr-25 BP N Bartholomew Salar 1051.23
25-Apr-25 BP Travers CL Wages 1017.95
28-Apr-25 ))) ALDI STORES FAVER 26.91
30-Apr-25 DD GOCARDLESS 48.48
30-Apr-25 DD CSG GLOBAL EDUCA 71.74
1-May-25 DD BETTER WASTE 129.07
1-May-25 SO BOUGHTON SCHOOL 40
1-May-25 BP MPLC Ltd 699040 159.38
1-May-25 VIS WWW.AMAZON.* JV4 9.98
2-May-25 CR Reed Cheryl LEO REED 89
2-May-25 VIS AMAZON* J86HC5GZ 18.51
5-May-25 CR Prior Daniel MOLLY PRIOR 91.89
6-May-25 VIS AMAZON* 905QU27Z 15.97
7-May-25 VIS LTR Supplies Ltd Sitt 97
7-May-25 VIS AMAZON* FW38T1K8 13.99
7-May-25 ))) ALDI STORES FAVER 49.21
8-May-25 VIS WOODLANDS WWW. 749.22
8-May-25 ))) HOME BARGAINS FA 10.41
12-May-25 VIS HPI INSTANT INK U 18.49
13-May-25 CR Cheesman Jade LOTTIE LOVE 226.8
15-May-25 CR S Bartlett George Bartlett 317.16
18-May-25 DR TOTAL CHARGES TO 5
19-May-25 DD E.ON NEXT LTD 130.56
20-May-25 DD BT GROUP PLC 47.89
21-May-25 DD NEST 367.3
23-May-25 BP J. CHEESMAN SALAR 1127.15
23-May-25 BP Miss R K K Allan Salar 1351.96
23-May-25 BP Tracie Corrigan salar 1594.67
23-May-25 BP Miss A May SALARY 1182.48
23-May-25 BP T J Kay Wages 1116.81
23-May-25 BP Glenis Kiernan Salary 328.07
23-May-25 BP N Bartholomew Salar 1213.15
23-May-25 BP Travers CL Wages 1017.95
23-May-25 VIS ALDI STORES FAVER 36.72
27-May-25 CR NATIONAL SAVINGS A FVOT10198 91.89
27-May-25 VIS AMZNMktplace*S46N 6.49
28-May-25 CR Airey Lauren BEAUEN AIREY 254.38
28-May-25 CR WHITTALL SD BERTIE WHITTALL 194.38
30-May-25 DD GOCARDLESS 48.48
30-May-25 DD CSG GLOBAL EDUCA 69.22
2-Jun-25 DD BETTER WASTE 116.11
2-Jun-25 SO BOUGHTON SCHOOL 40
4-Jun-25 CR MAGDA HILL HOWGATE OpheliaHillHowga 446.16
4-Jun-25 CR C French DARCIE FRENCH 179.41
5-Jun-25 VIS Temu.com LONDON 78.54
5-Jun-25 CR JONES KL EMMET JONES 243.5
6-Jun-25 VIS AMZNMktplace*IU6P 8.49
7-Jun-25 CR B Ray Johnny ftzmaurice 45
10-Jun-25 VIS HPI INSTANT INK U 20.99
10-Jun-25 ))) HOME BARGAINS FA 23.6
11-Jun-25 CR L Gray HARPER GRAY 89.7
11-Jun-25 CR C Bushell EVELYN GILES-LEE 15
12-Jun-25 VIS AMZNMktplace*A61S 47.98
13-Jun-25 VIS Amazon.co.uk*JO35 3.49
13-Jun-25 VIS WWW.GRAVELMASTE 170
13-Jun-25 CR Jade Cheesman LOTTIE LOVE 171.1
16-Jun-25 DD CSG GLOBAL EDUCA 137.96
17-Jun-25 CR KCC PAYMENT ACCOUN 24484.89
17-Jun-25 DR TOTAL CHARGES TO 5
18-Jun-25 DD E.ON NEXT LTD 135.83
19-Jun-25 VIS AMZNMktplace*J91S 26.65
19-Jun-25 ))) TESCO STORES 2526 10
19-Jun-25 ))) HOME BARGAINS FA 47.07
20-Jun-25 DD BT GROUP PLC 137.83
20-Jun-25 DD NEST 406.88
20-Jun-25 CR S Bartlett GEORGE BARTLETT 311.28
23-Jun-25 VIS PAYPAL *ASD 07857 21
24-Jun-25 DD KENTCC RECEIVABLE 600
24-Jun-25 VIS AMZNMktplace*GH8 11.49
25-Jun-25 BP J. CHEESMAN SALAR 1127.15
25-Jun-25 BP Miss R K K Allan Salar 1170.71
25-Jun-25 BP Tracie Corrigan Salar 1527.55
25-Jun-25 BP Miss A May SALARY 1238.01
25-Jun-25 BP T J Kay Wages 1116.81
25-Jun-25 BP Glenis Kiernan Salary 328.07
25-Jun-25 BP N Bartholomew Salar 1105.07
25-Jun-25 BP Travers CL Wages 693.47
26-Jun-25 CR Lauren Airey BEAUEN AIREY 293.39
26-Jun-25 VIS PAYPAL *TEMU 3531 17.36
27-Jun-25 VIS Amazon.co.uk*NL2S 6.99
30-Jun-25 DD GOCARDLESS 51.05
30-Jun-25 VIS AMZNMktplace*VH67 12.78
30-Jun-25 VIS AMZNMktplace*DR98 7.98
1-Jul-25 DD BETTER WASTE 97.39
1-Jul-25 SO BOUGHTON SCHOOL 40
1-Jul-25 CR NATIONAL SAVINGS A FVOT10198 133.46
1-Jul-25 CR WHITTALL SD BERTIE WHITTALL 200.39
1-Jul-25 CR Daniel Prior MOLLY PRIOR 135.65
2-Jul-25 VIS AMZNMktplace*TR5IA 34.47
2-Jul-25 CR C French DARCIE FRENCH 266.93
3-Jul-25 CR B Ray JOHNNY FITZMAURICE 105
3-Jul-25 ))) HOME BARGAINS FA 37.88
7-Jul-25 VIS AMZNMktplace*RG59 18.69
7-Jul-25 ))) HOME BARGAINS FA 15.05
7-Jul-25 VIS PAYPAL *BOOTS COM 63
8-Jul-25 ))) ALDI STORES FAVER 38.06
9-Jul-25 VIS Amazon.co.uk*RC1J 199.99
9-Jul-25 VIS WWW.AMAZON.* RC 70
10-Jul-25 CR Cheryl Reed LEO REED 138
10-Jul-25 VIS B&Q LTD EASTLEIGH 10
11-Jul-25 CR JONES K & K EMMET JONES 376.03
11-Jul-25 VIS HPI INSTANT INK U 20.99
11-Jul-25 ))) HOME BARGAINS FA 23.56
14-Jul-25 VIS AMZNMktplace*R726 6.79
15-Jul-25 CR Jade Cheesman LOTTIE LOVE 159.73
16-Jul-25 DD E.ON NEXT LTD 186.95
17-Jul-25 CR L Gray HARPER GRAY 135.65
18-Jul-25 DR TOTAL CHARGES TO 5
18-Jul-25 BP HMRC PAYE/NIC CUM 1564.77
21-Jul-25 CR ABRA37232TFC 3511
21-Jul-25 DD BT GROUP PLC 48.43
21-Jul-25 DD NEST 352.26
22-Jul-25 CR C Bushell EVELYN GILES-LEE 19.05
22-Jul-25 VIS AMZNMktplace*RS3Q 39.49
22-Jul-25 VIS PAYPAL *BQLIMITED 85
22-Jul-25 VIS PAYPAL *BQLIMITED 61
23-Jul-25 CR KCC PAYMENT ACCOUN 1200.87
23-Jul-25 ))) ALDI STORES FAVER 10.76
24-Jul-25 ))) SAINSBURYS S/MKTS 18.25
25-Jul-25 BP J. CHEESMAN SALAR 1148.33
25-Jul-25 BP Miss R K K Allan Salar 1351.96
25-Jul-25 BP Tracie Corrigan Salar 1527.35
25-Jul-25 BP Miss A May SALARY 1071.82
25-Jul-25 BP T J Kay Wages 1097.22
25-Jul-25 BP Glenis Kiernan Salary 328.07
25-Jul-25 BP N Bartholomew Salar 1028.29
25-Jul-25 BP Travers CL Wages 936.83
28-Jul-25 VIS PAYPAL *ONLINEHOM 37.45
28-Jul-25 VIS PAYPAL *BQLIMITED 35314369001 10
30-Jul-25 DD GOCARDLESS 51.05
30-Jul-25 BP GECCHELE M Phi Hill-Howgate 664
31-Jul-25 DD CSG GLOBAL EDUCA 90.95
1-Aug-25 SO BOUGHTON SCHOOL 40
1-Aug-25 ))) ASDA SUPERSTORE 13.42
4-Aug-25 CR NATIONAL SAVINGS A ABRA37232 912.25
4-Aug-25 VIS AMZNMktplace*RV9H 7.98
11-Aug-25 VIS HPI INSTANT INK U 20.99
14-Aug-25 CR EASY FUNDRAISING 20.74
14-Aug-25 VIS AMZNMktplace*RM6 26.99
14-Aug-25 VIS PAYPAL *SHEINCOM 26.34
15-Aug-25 DD CSG GLOBAL EDUCA 29.93
17-Aug-25 DR TOTAL CHARGES TO 5
18-Aug-25 VIS AMZNMktplace*RM1 8.49
18-Aug-25 BP T J Kay Tree Surgery 400
18-Aug-25 BP Teddies Preschool Ma 222
19-Aug-25 DD E.ON NEXT LTD 168.5
20-Aug-25 DD BT GROUP PLC 61.68
21-Aug-25 DD NEST 363.78
22-Aug-25 BP J. CHEESMAN SALAR 1144.22
22-Aug-25 BP Miss R K K Allan Salar 1189.34
22-Aug-25 BP Tracie Corrigan salar 1548.16
22-Aug-25 BP Miss A May SALARY 1144.02
22-Aug-25 BP Glenis Kiernan Salary 328.07
22-Aug-25 BP N Bartholomew Salar 1121.76
22-Aug-25 BP Travers CL Wages 880.67
22-Aug-25 BP T J Kay Wages 124.36
26-Aug-25 VIS AMZNMktplace*RU8M 8.99
26-Aug-25 VIS AMZNMktplace*R49D 4.74
26-Aug-25 VIS Amazon.co.uk*R49V 12.13
27-Aug-25 VIS AMZNMktplace*R462 10.99
28-Aug-25 VIS TEMU.COM WWW.TE 3.96
28-Aug-25 VIS TTS WWW.TTS-GROU 68.39
28-Aug-25 VIS Temu.com LONDON 33.21
28-Aug-25 VIS Temu.com LONDON 7.45
28-Aug-25 VIS Temu.com LONDON 2.61
28-Aug-25 VIS Temu.com LONDON 3.8
28-Aug-25 VIS Temu.com LONDON 2.95
28-Aug-25 VIS Temu.com LONDON 2.37
28-Aug-25 VIS Temu.com LONDON 1.9
28-Aug-25 VIS Temu.com LONDON 2.02
28-Aug-25 VIS Temu.com LONDON 2.31
28-Aug-25 VIS Temu.com LONDON 2.27
28-Aug-25 BP Mr L L Moat Moats Ma 223.92
Total Revenue £136,001.58 Does not in
Total Expenses £128,211.31
Balance Type
Notes
14122.13 Net Gain: £7,790.27
Utilities
13992.79 Utilities
14125.39 KCC Income Operating Costs: £120,685.11 Does not in
13841.11 Maintenance Operating Revenue: £133,980.84 Does not in
14005.36 Fee Income
13915.36 Maintenance Operating Proft: £13,295.73
KCC Income
14257.28 Fee Income
Utilities
14199.98 Banking Charges Improvements: £7,382.21 Funded ent
Utilities Funded entirely from operating proft
13857.46 Remuneration/Tax/Pensions
Remuneration/Tax/Pensions
Remuneration/Tax/Pensions Current Account SOY £14,122.13
Remuneration/Tax/Pensions Reserves SOY £21,283.93
Remuneration/Tax/Pensions Total Bank SOY £35,406.06
Remuneration/Tax/Pensions
Remuneration/Tax/Pensions
Remuneration/Tax/Pensions Current Account EOY £25,912.40
Remuneration/Tax/Pensions Reserves EOY £17,599.74 (-£4,000 tra
Maintenance Total Bank SOY £43,512.14
6532.43 Maintenance
6497.43 Subscriptions Change in assets £8,106.08 (Diference
6661.68 Fee Income
Supplies
6028.09 Rent
Utilities
Utilities
Transfer from reserves
9649.78 Supplies
9602.86 Subscriptions
9782.86 Fee Income
9438.86 Improvements
9296.69 Supplies
9815.19 Grant
9870.99 Fee Income
Utilities
9640.52 Remuneration/Tax/Pensions
Supplies
9781.23 Fee Income
Banking Charges

Fee Income Fee Income Fee Income 11485.25 Fee Income 11794.92 Fee Income Utilities Remuneration/Tax/Pensions 11918.09 Fee Income Unknown Income 12128.53 KCC Income 12294.53 Fee Income 11706.53 Improvements

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 4741.7 Remuneration/Tax/Pensions 4694.78 Subscriptions 4618.13 Supplies

Utilities Utilities 3917.21 Improvements Fee Income 3898.01 Petty Cash 37098.73 KCC Income 37256.23 Fee Income 37498.15 Fee Income 37493.15 Banking Charges 37293.21 Utilities 37249.22 Utilities 36956.63 Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 29899.93 Remuneration/Tax/Pensions 28202.48 Insurance

Supplies Supplies 28391.48 Fee Income 28548.98 Fee Income 28706.48 Fee Income Subscriptions Utilities

28525.42 Utilities

28518.98 Supplies Note: The setting now has a payment card, ending petty cash payments and repayments Remuneration/Tax/Pensions

33801.98 Maintenance

Supplies Supplies Supplies Fee Income 34087.02 Fee Income

Fee Income

Insurance Note: top-up to new policy, following new survey of reinstatement costs. 34284.15 Fee Income

34529.15 Fee Income

Fee Income

Fee Income 35269.9 Utilities Banking Charges 35435.81 Fee Income Supplies 35483.31 Fee Income

Utilities Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Fee Income Supplies 28267.26 Supplies 28119.08 Staff Christmas Dinner Supplies 27477.4 Rent Utilities Utilities 27285.06 Subscriptions KCC Income 41457.44 Supplies 41258.24 Staff Training 41213.58 Supplies KCC Income 41323.04 Supplies 41276.12 Subscriptions 41257.28 Supplies Utilities Supplies

40776.73 Banking Charges Utilities Fee Income

40810.82 Maintenance

Remuneration/Tax/Pensions 40319.59 Maintenance 39470.63 Remuneration/Tax/Pensions Supplies

39444.69 Supplies

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 31687.05 Supplies Supplies 31650.52 Supplies Fee Income 31767.03 Supplies 31759.74 Supplies 31712.82 Subscriptions 28250.82 Improvements

Utilities Utilities Charitable Note: From a parent of one of the children in our setting Supplies 30070.53 Supplies Fee Income Supplies 30428.73 Fee Income Fee Income 30753.73 Fee Income 31049.41 Fee Income 31472.41 Fee Income 31453.92 Supplies

Supplies 31415.76 Supplies Supplies Supplies 31292.26 Supplies 31287.26 Banking Charges 30590.83 Utilities Utilities 30716.85 Fee Income 30411.96 Remuneration/Tax/Pensions

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 22525.62 Supplies Supplies 22510.89 Supplies KCC Income Supplies Fee Income 21293.46 Improvements 21428.46 Fee Income KCC Income Subscriptions Utilities 34743.11 Utilities 34861.36 Fee Income 34726.14 Supplies 34700.16 Supplies Supplies Maintenance Improvements - refund 34725.2 Supplies Supplies 34616.54 Maintenance 34551.54 Improvements Supplies 34517.05 Supplies Utilities Fee Income 34178.3 Supplies Utilities Banking Charges 34115.98 Supplies 33817.28 Remuneration/Tax/Pensions 34139.84 Fee Income 34389.32 Fee Income

Rent

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions

Remuneration/Tax/Pensions Remuneration/Tax/Pensions 25343 Maintenance 25338.01 Supplies 25327.78 Supplies 25627.78 Fee Income Subscriptions Supplies 25339.9 Supplies Staff Training Utilities 25002.19 Utilities 25212.19 Fee Income Supplies 25290.15 Fee Income Subscriptions 25238.17 Supplies Fee Income Supplies Supplies 25245.47 Supplies 25226.98 Supplies 43612.01 KCC Income Maintenance Fee Income 43807.46 Supplies Supplies 43740.42 Supplies Utilities Remuneration/Tax/Pensions 42891.06 Banking Charges 41542.33 Remuneration/Tax/Pensions 41494.44 Utilities 41467.95 Supplies

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 32919.7 Remuneration/Tax/Pensions 32892.79 Supplies

Subscriptions 32772.57 Supplies Utilities Utilities Subscriptions

32434.14 Supplies Fee Income 32504.63 Supplies 32596.52 Fee Income 32580.55 Supplies Supplies Supplies 32420.35 Supplies

Improvements 31660.72 Supplies 31642.23 Supplies 31869.03 Fee Income 32186.19 Fee Income 32181.19 Banking Charges 32050.63 Utilities 32002.74 Utilities 31635.44 Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 22666.48 Supplies

Fee Income 22751.88 Supplies Fee Income 23200.64 Fee Income Subscriptions 23082.94 Supplies Utilities 22926.83 Utilities Fee Income 23552.4 Fee Income Supplies 23717.36 Fee Income 23708.87 Supplies 23753.87 Fee Income

Supplies 23709.28 Supplies

Fee Income 23813.98 Fee Income 23766 Supplies

Supplies Improvements 23763.61 Fee Income

23625.65 Supplies KCC Income

48105.54 Banking Charges 47969.71 Utilities

Supplies Supplies 47885.99 Supplies

Utilities Remuneration/Tax/Pensions

47652.56 Fee Income 47631.56 Supplies Rent

47020.07 Supplies

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 38713.23 Remuneration/Tax/Pensions Fee Income 38989.26 Supplies 38982.27 Supplies Subscriptions Supplies 38910.46 Supplies Utilities Utilities Fee Income Fee Income 39242.57 Fee Income Supplies 39475.03 Fee Income Fee Income 39542.15 Supplies Supplies Supplies 39445.41 Supplies 39407.35 Supplies Supplies 39137.36 Supplies Fee Income 39265.36 Supplies Fee Income Supplies 39596.84 Supplies 39590.05 Supplies

39749.78 Fee Income 39562.83 Utilities 39698.48 Fee Income

Banking Charges

38128.71 Remuneration/Tax/Pensions Fee Income Utilities

41239.02 Remuneration/Tax/Pensions Fee Income Supplies Supplies 41072.58 Supplies KCC Income 42262.69 Supplies 42244.44 Supplies Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 33754.57 Remuneration/Tax/Pensions Supplies 33727.12 Supplies Subscriptions 34340.07 Fee Income 34249.12 Supplies Utilities 34195.7 Supplies Fee Income 35099.97 Supplies 35078.98 Supplies Charitable Donation Supplies 35046.39 Supplies 35016.46 Supplies 35011.46 Banking Charges Supplies Maintenance 34380.97 Staff Training 34212.47 Utilities 34150.79 Utilities 33787.01 Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions

Remuneration/Tax/Pensions Remuneration/Tax/Pensions Remuneration/Tax/Pensions 26306.41 Remuneration/Tax/Pensions Supplies Supplies 26280.55 Supplies 26269.56 Supplies Supplies Staff Training Supplies Supplies Supplies Supplies Supplies Supplies Supplies Supplies Supplies Supplies 25912.4 Maintenance

nclude transfers from reserves

nclude improvements

nclude donations or transfers from reserves

tirely from operating profit

ansfer from reserves, +£315.81 interest)

e between "Net Gain" and change in assets is £315.81 which corresponds with the amount of interest earned on

s to trustees/setting manager for purchases of supplies and improvements

resetves.

Treasurer’s Financial Report – 2024/25

Prepared by Justin Bradford – Trustee and Treasurer

The academic year 1st September 2024 to 31st August 2025 was an exceptionally positive year for Magpie Preschool. Building on the progress made during the previous year, the preschool not only continued to operate at full capacity, but also generated a significantly improved operating surplus whilst continuing to invest in the setting.

Headline Financials

Total revenue for the year amounted to £136,001.58, together with a further £315.81 of interest earned on our reserve funds. Total expenditure was £128,211.31, resulting in an overall surplus of £7,790.27 for the year.

When considering the underlying operating position, operating revenue was £133,980.84 compared with operating costs of £120,685.11. This resulted in an operating surplus of £13,295.73, representing a substantial improvement on the £2,809.70 operating surplus achieved during 2023/24.

This is particularly encouraging as it demonstrates that the preschool is now generating sufficient income not only to meet its day-to-day running costs, but also to fund ongoing investment in the setting from operating profits rather than relying upon withdrawals from reserves.

Investment in the Setting

During the year, the Trustees continued their policy of reinvesting surplus funds into improvements that directly benefit children, families and staff.

The most significant project undertaken during the year was the installation of a new heating system. This replaced the previous system which had become increasingly unreliable and unsuitable for the needs of the setting.

Additional improvements included:

In total, £7,382.21 was invested in improvements during the year. Importantly, these works were funded entirely from operating profits generated during the year rather than through a significant reduction in reserves.

Income and Expenditure

The preschool remains heavily reliant upon Early Years Funding received through Kent County Council, supplemented by parental fee income.

As in previous years, staff wages, pension contributions and payroll-related costs remain our largest area of expenditure and account for the majority of our annual costs. Other significant expenditure categories include utilities, insurance, rent, maintenance, educational resources and supplies.

Many of these costs continue to be affected by inflationary pressures, particularly utilities, insurance and employment costs. The Trustees continue to monitor these carefully to ensure that the preschool remains financially sustainable whilst maintaining the high standards expected by children and families.

Reserves and Financial Position

At the start of the year, the preschool held total bank reserves of £35,406.06.

At 31st August 2025, total bank reserves stood at £43,512.14, representing an increase of £8,106.08 during the year (which includes the earlier identified surplus revenue, plus earned interest). This improvement reflects both the strong operating performance achieved during the year and the interest earned on reserve funds.

The increase in reserves is particularly pleasing given that significant investment in improvements was also undertaken during the year. It demonstrates that the preschool has successfully strengthened its financial position whilst continuing to enhance the environment and resources available to children.

Looking Ahead

The Trustees remain committed to balancing prudent financial management with continued investment in the setting.

A number of larger projects remain under consideration, including further landscaping works and potential recladding of the building. Given the scale of these projects, the intention is to continue building reserves through future operating surpluses before committing to significant expenditure.

To help offset rising costs, fees will increase from September 2026 by 2.8%, broadly in line with inflation measured over the preceding twelve-month period.

The Trustees will continue to monitor income, expenditure and occupancy levels closely to ensure the preschool remains financially secure whilst providing the best possible environment for children to learn, play and develop.

Conclusion

Overall, 2024/25 was a very successful year for Magpie Preschool. The preschool generated its strongest operating surplus in recent years, continued to invest

meaningfully in the setting, and increased its reserves despite significant improvement expenditure.

The Trustees believe the preschool is in a strong financial position and well placed to continue supporting children, families and staff for many years to come.

We remain grateful to our staff, families, volunteers and wider community for their continued support and contribution to the success of the preschool.

Justin Bradford FPFS TEP

Treasurer Magpie Preschool