Jigsaw Preschool Statement of Financial Activities for the year ended 31 August 2025
saw Preschool Chair's Re ort Committee We currently have a committee of 5. The committee continued to review Jigsaw's policies on a 2-year rolling schedule. The committee has put a lot of hours into research to update the policies to meet the current UK government guidelines and legislation. Staff The committee agreed to a pay increase for staff forApril 2025, as the national minimum wage significantly increased this year. Although we received comments about our salary levels being high compared to income, as a committee we identified retaining and recruiting staff as our biggest operational risk, and pay is a significant factor in that. This year, one member of staff left to go on maternity leave in February, we are hoping to welcome her back in January 2026. Another member of staff who volunteered the year before, was taken on as bank staff & left in June to begin a career in the police. We also had a few students in on work experience for one or two weeks & a student on work placement for one day a week for a few months. Finance The Committee held a pay review in February to ensure our staff salaries were compliant with the increase in national minimum wage from April 2025. We have made a profit of £18,000 this year which will help enable us to increase staff wages to an acceptable living wage. Grants We also applied for a grant from the rotary club, who organise the yearly fun run in Sawston, they kindly donated £500 for Jigsaw to buy new resources. Fundraisin We have raised approximately £5,000 this year and purchased new playhouses, had new blinds installed and freshened up the rooms with a lick of paint including the office. Maintenance The outdoor flooring was taken up and laid with Tarmac over the Easter break and we had some kind volunteers help cut and lay the new artificial grass around the play-area, where the bushes used to be. The bushes were removed and disposed of for free by committee family members and the artificial grass was donated. This has been a good year for the Pre-school. Jo-Ann Hunt Chair of Jigsaw Preschool
JIGSAW PRESCHOOL ACCOUNTANTS, REPORT For the year endlng 31st August 2025 I report on the accounts of Jigsaw Preschool for the year ending 31st August 2025. Respective responsibilities of the trustees and examiner.. The Jigsaw Preschool trustees are responsible for the preparation of the accounts. The Jigsaw Preschool trustees consider that an audit is not required for the year. It is my responsibility as the independent examiner to.. 1. Examine the accounts 2. To follow proceedures laid down in the general directions given by the Preschool 3. To state whether particular matters have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission and The Institute of Charterd Accountants in England and Wales. My examination included a review of the accounting records kept by the preschool and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explainations from you as trustees concerning any such matters. The proceedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: - which gives me reasonable cause to believe that in any material respect the requirements: To keep accounting records To prepare accounts which accord with the accounting records To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached P E Whitmell Bsc FCA Fellow of The Institute of Chartered Accountants in England and Wales date
Jigsaw Preschool Statement of Financial Activities for the yaar ended 31 August 2025 Unrestricted Unrestricted Funds Funds 2026 2024 Notes Incoming resources Incoming resources from generated funds Activities from generating funds.. Fundraising events Grant from Sawston Fun Run Investment income Incoming resources from charitable activities Cambs CC Grants Fee income Other incoming resources Donations Unifomi income Total incoming resourc8S 4,398 500 1,505 4,736 1.523 210,576 47,137 167,317 39,147 1,565 329 495 266,009 213,217 R6surces oxpended Costs of generating funds 624 2,101 Preschool activities 247,208 214,422 Total resources expendod 247,833 216,523 Net incomingl(outgoing) resources for the year 18,176 (3,306) Balances at 31 August 2024 48,129 51,435 Balances at 31 August 2025 66,305 48,129 The Statement of Financial Activities includes all gains and losses recognised in the year.
Jigsaw Preschool Balance Sheet as at 31 August 2025 Notes 2025 2024 Current assets Cash at bank and in hand 103496 103.496 84.423 Creditors: amounts falling due within one (37,191) (36,294) 66,305 48,129 Net assets 66,305 48,129 Funds Unrestricted.. 66,305 48,129 66,305 48,129 The financial statements were approved by the Trustees on and signed on their behalf by: J Hunt Chair
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2025 Accounting policies Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities {effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Incoming resources and resources expendèd Income and expenditure items have been credited or charged in the Statement of Financial Activities on an accruals basis. Restrict8d funds Resources are recorded on a receivable basis and allocated to a Restricted Fund if limitations on their use is specified by the donors and providers. Funds received in the direct operation of the Charity are treated as unrestricted funds. Direct charitable expenditure Overheads are allocated to direct charitable expenditure on the basis of the time spent. Taxation The charity is exempt form tax on its charitable activities. Trustees, Remuneration and Expenses No Trustees received any remuneration or other benefits during the year.
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2025 Total Resources Expended Costs of generating income Preschool activity 2025 TOTAL Costs directly allocated to activities Uniform Wages Gift cards Staff Training Materials & toys Food & drink Insurance External classes fees Rent of premises Cleaning Fundraising events 768 213,665 1,290 1,014 2,497 1,831 1,420 1,673 13,684 388 768 213,665 1,290 1,014 2,497 1,831 1,420 1,673 13,684 388 624 624 Support costs allocated to activities Payroll fees ICO fee OFSTED fee Office costs 1.056 47 35 4,820 1,056 47 35 4,820 Expenditure on capital equipment Playhouses Blinds Banners 1,425 1,500 96 1,425 1,500 624 247,208 247,833
Costs of generating income Preschool activity 2024 TOTAL Costs dlrecuy allocated to activities Uniform Wages Staff Training Materials & toys Food & drink Insurance External classes fees Rent of premises Cleaning Fundraising events Support costs allocated to activities Payroll fees ICO fee OFSTED fee Office costs Expenditure on capital equipment Education station 1,455 187,900 1,164 1,285 1,992 1,367 1,922 10,943 360 1,455 187,900 1,164 1,285 1,992 1,367 1,922 10,943 360 2,101 2,101 984 35 35 4,381 984 35 35 4,381 600 600 2,101 214,423 216,524
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2025 Staff Costs and numbers 2025 2024 Wages and salaries 213,665 187,900 number of employees Preschool manager Deputy preschool manager Early years assistants 13 16 13 16 Taxation The company is a registered charity and is therefore not liable to income tax or corporation tax on funds received and expended on activities covered by its charitable status. Creditors: amounts falling due within one year 2025 2024 Deferred income 37,191 36,294 37,191 36,294 Funds Balance at 1 September 2024 Balance at 31 August 2025 Incoming Resources Resources Expended Unrestricted Funds General Reserve 48,129 266,009 247,833 66,305 Total Funds 48,129 266,009 247,833 66,305