Registered number
CE001171
Charity Number.. 1156432
Shenley Lodge Pre-school Incorporated
Charitable Incorporated Organisation
Financial Statements
31 August 2024

Shenley Lodge Pre-school Incorporated
Financial Statements
for the year ended 31 August 2024
Contents
Page
Charity Reference and Administrative Details
Trustees, Annual Report
Statement of Financial Activities
2to3
Balance Sheet
Notes to the Financial Statements
7t010

Shenley Lodge Pre-school Incorporated
Charity Reference and Administrative Details
for the year ended 31 August 2024
Trustees
Constantine Makris
Sarah-Jane Lousie Nicholls (Chairl
Ruth Stockdale
Caryn Winter (Resigned on 31st of August 2024)
Accountants
Nicholas Peters & Co Limited
2nd Floor
10-12 Bourlet Close
London
W1W 7BR
Bankers
Natwest
Units 164-166, Midsummer Arcade
Centre Milton Keynes
MK9 3BA
Registered office
The Meeting Place
5 Faraday Drive
Milton Keynes
MK5 5DE
Registered number
CE001171

Shenley Lodge Pre-school Incorporated
Trustees. Annual Report
for the year ended 31 Augu$t 2024
The Iruslees present their report and the financial slalements of the charity lor the year ended 31 August
2024. The trustees have adopted the provision of the Slalement ol Recommended Practice ISORPI
A¢counling and Reporting by Charities" IFRS 1021 in preparing the annual report and finan¢ial
statements ol Ihe charity.
The financial slalernenls have been p￿pared in accordance with the accounting policies sel out in notes
to the accounts and comply wlh the charity's governing document. the Charities A¢1 2011 and
Accounting and Reporting by Charities.. Statement ol Recotmmended Pra¢li¢e appli¢able lo charities
preparing their accounts in accordance with the Financial Rerporting Standards applicable in the UK and
Republic of Ireland published on October 2019 Isecond edilionl.
Trusta&s of the charity
The Iruslees of the charitable incorporated organisalion are its truslees for the purposes of charity law.
The Iruslees have served during the year and since the year end are named on page 1.
Name. registered office and r•gl$tratlon number of the charity
The full name of the Charity is Shenley Lodge Pre-school In¢orporated
The legal registration details are
The Registered Office is
Faraday Drive
Shenley Lodge. Milton Keynes
MK5 70E
Charity Registration Number
1156432
Objectives and a¢tivitl&s
The Charity is govemed by ils ConslilLJlion Ljnder the Pre-school Learning Alliance. Ils objects are..
to enhance the development and education of children primarily undei slalulory school age by
encouraging parents lo understand and provide for need of their children through communily groups.
to Pfovide a safe. secure and stimulating environment.
lo work wlhin a framework that ensures equality of opportunity for all Children and families.
The Charity conlinLJed to provide high quality care and education for childTen under slalulory school age
in yafe. secure and stimulating environment.
The trustees have had regard lo CCICCNIS guidance on public benefil.
Achiev¢m¥nts and porformance
The Charity achieved an adultlchild ratio of 1..5 during the year which is well below the legal requirement
of 1".8. The pre-school has been run al less than capacity lor the school year lor both morning and
afternoon sessions. Staff seek training and development to sustain children's needs in various activities
such as music, photography. behavioural management leading them through and helping build and
achieve Iheir goals.
The Charity operates lunch club facility hthich has increased from 21 to 29 children per day over the year
and gives an opportunity for children lo improve essential social skills by socialising during lun¢h. 11 is
supervised by management team members.
Staff numbers have fallen during the year from 8 10 4 employees. Frorn January 2023 a Tnanager is
constantly in the room with the children. Additional activities for children include parties al Chrislrnas,
Easter and al Ihe end of the year.
Financial Review
The statement of financial activities lor the period is set out on page 6 of the financial slalements. The
trustees are optimistic that the followng years knrill generate more nel incoming resources.
Structure, governance and man•gèmant
The Charity is a charitable incorporated organisalion and was registered on 28 March 2014.
The Iruslees who served during the period are detailed on page 1. The current trustees decide on the
appointment of new trustees. New trustees are proposed by the existing trustees and are appointed al
Annual General Meeting. The Chair is Sarah Nicholls.

Shenley Lodge Pre-school Incorporated
Trustees. Annual Report
for the year ended 31 August 2024
Risk Review
The trustees actively feview the major risks faced by the Charity and confirm that they have established
systems lo miligale the significant risks.
Future devèlopments
The pre-school intends lo run al full capacity for the school year of 38 weeks fof moining and afternoon
sessions with future plan lo increase number of children admitted lo the pre-school.
Reserve policy
The policy of the trustees is to continue lo maintain unreslricled reserves at a reasonable level lo fulfil Ihe
objects of Ihe Charity and allow il lo make support in the following year. The trustees have decided that
the Charity should have minimum reserves of £15.000.
As al 31 August 2024 readily accessible free reserves of the Charity were £127.318 as shown in Balance
Sheet.
Trustees. responsibilities
The Iruslees of Shenley Lodge Pre-school Incorporaled for the purposes of company law) are
responsible for prepallng the Trustees. Annual Report and the financial slalemenls in accordance wilh
applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted
Accounting Practice}.
Law applicable lo Charities in England and Wales requires Ihe Iruslees lo prepare accounts for each
rinancial year which give a true and fair vieiv of the stale of affaiis of the Charity's financial activities
during the year and of ils financial position al the end of the year. In preparing those accounts, the
trustees are required to=
-select suitable accounting policies and then apply Ihem consislenlly-,
-make judgements and eslimales that are reasonable and prudent..
-slate whether applicable 8￿Oun11ng slandafds and slalements ol recommended practice have been
followed. subject to any departures disclosed and explained in Ihe accounts., and
-prepare the accounts on the going concern basis unless it is appropriate lo presume that the Charity will
continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable
accura¢y al any lime the financial posilian of Ihe Charity and to enable them lo ensure that Ihe accounts
comply with the Charities Act 2011. They are also responsible for safeguarding Ihe assets ol the Charity
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board on 5 September 2025 and signed on ils behalf.
Constantine Makrls
Trustee

Shenley Lodge Pre-school Incorporated
Independent Examiner's Report to the Trustees of
for the year ended 31 August 2024
I report on the financial statements of the company for the year ended 31 August 2024, which are
set out on pages 5 to 10.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the Company for the purposes of the company lawl are
responsible for the preparation of the accounts. The trustees consider that an audit is not required
for this year under section 144(2) of the companies Act 2011 (the 2011 Act) and that an
independent examination is needed.
Having satisfied myself that the charity is not subjecl to audil under company law and is eligible for
independent examination, Il is my responsibility to..
examine the accounts under section 145 of the 2011 Act..
to follow the procedures laid down in the general Directions given by the Charity Commission
under section 14515){bl of the 2011 Act, and
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. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presenled with those records. It also includes consideration of any
unusual items or disclosures in the financial statements, and seeking explanations from you as
trustees concerning any such matters. The procedures undertaken do not provide all the evidence
that would be required in an audit and consequently no opinion is given as to whether the financial
statements present a 'true and fair view, and the report is limited to those matters set out in the
statement below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of Ihe Trust as required by section 130 of the
Charities Act 2011 and section 386 of the Companies Acl 2006., or
• the accounts do not accord with those records., or
• the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requiremenl Ihat the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination.
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.
Andrew Georgiades FCCA
Independent Examiner
Nicholas Peters & Co Limited
2nd Floor
10-12 Bourlet Close
London
W1W7BR
05 September 2025

Shenley Lodge Pre-school Incorporated
Statement of Financials Activities
for the year ended 31 August 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income
Total Income from activities
138,833
90,436
Total Income
138,833
90,436
Expenditure on:
Expenditure on activities
1122,6691
{137,171)
Net incomel(expenditurel
16,164
{46,735)
Reconciliation of funds:
Total funds brought forward
111,154
157,889
Total funds carried foThvard
127,318
111,154
All income and expenditure derive from conlinuing activities.

Shenley Lodge Pre-school Incorporated
Balance Sheet
Notes
2024
2023
Current assets
Debtors
Cash 81 bank and in hand
3,166
128,266
131,432
5,891
106,784
112,675
Creditors: amounts falling due
within one year
4,114
1.521
Net current assets
127.318
111.154
Net assets
127,318
111.154
Charity funds
Unrestricted funds
127,318
111.154
Totsl charity funds
127.318
111.154
Signed on behalf of the board of Iruslees.
Constsntine Makrfs
Trustee
05 September 2025
The notes on pages 710 10 form part of these financial slalernenls.
CIO regislralion number.. CE001171

Shonley Lodge Pre-school Incorporated
Notes to the Financial Statements
for the year ended 31 August 2024
1 Summary of significant accounting policies
la) General information and basis of preparation
Shenley Lodge Pr&School Incorporated Limited is a charitable incorporated organi5ation
incorporated in England. The address of the registered office is given in the charity
information on page 1 of these financial statements. The nature of the charity's operations
and principal activities are as sel out in the Trustees, annual report on page 2 of these
financial statements.
The charity constitutes a public benefit enlily as defined by FRS 102. The financial slatements
have been prepared in accordance with 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 IFRS 1021
issued on 16 July 2014 {as updated through Update Bulletin 1 published on 2 February 20161,
the Charities Act 2011, and the UK Generally A￿pted Practi￿.
The financial stalemenls are prepared on a going concern basis under the historical cost
convention, modified lo include certain items at fair value. The financial statements are
presented in sterling which is the functional currency of the charily and are rounded to the
nearest pound.
The significant accounting poliaes applied in the preparation of these financial slatements are
set out below. These policies have been consistently applied to all years presented unless
otherwise staled.
{b} Funds
Unrestricted funds are available ft)r use at the discretion of the trustees in furtherance of the
general objectives of the charity and which have not been designed for other purposes.
{cl Recognition of incoming resources
For donations lo be recognised the charity will have been notified of the amounts and the
settlement dale in writing. If there are conditions attached lo the donation and this requires a
level of performance before entitlement can be obtained then income is deferred until those
conditions are fully met or the fulfilmenl of those conditions is within the control of the charity
and i( is probable that they will be fulfilled.
No amounl is included in the financial statements for volunteer time in line with Ihe SORP
(FRS1021. Further detail is given in the Trustees, Annual Report.
Income from trading activities includes income earned from fundraising events and trading
activities to raise funds for the charity. Income is received in exchange of services provided in
order to raise funds and is recognised when entitlement has occurred.

Shenley Lodge Pre-school Incorporated
Notes to the Financial Statements
for the year ended 31 August 2024
Idl Expenditure re¢ognition
All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category. Expenditure is recognised where there is a
legal or constructive obligation to make payments lo third parties, it is probable that the
settlement will be required and the amount of the obligation can be measured reliably. It is
categorised under the following headings..
Costs of raising funds includes expenditure incurred for obtaining gifts and donations.
Expenditure on charitable activities includes expenditure incurred in organising charity
events.
Other expenditure represents those items not falling into the categories above.
Grants payable to third parties are within the charitable objectives. Where unconditional
grants are offered, this is accrued as soon as the recipient is notified of the grant, as this
gives rise to reasonable expectation that the recipient will receive grants. Where grants are
conditional relating to performance then the grant is only accrued when any unfulfilled
conditions are outside of the control of the charity-
{e) Expenditure on activities
Expenditure on activities are those that assist the work of the charity and include wages,
office costs and governance costs. They are incurred directly in support of expenditure on the
objects of the charity.
Fund raising costs are those incurred in seeking voluntary contributions and do not include
the costs of disseminating information in support of the charitable activities.
The analysis of these costs is included in nole 3.
lfj Taxation
The charity is an exempl charity within the meaning of schedule 3 of the Charities Act 2011
and is considered lo pass the tests sel oul in Finance Act 2019 and therefore is meets the
definition of a charitable incorporated organisation for UK corporation tax purposes.
(gl Going Concern
The financial statements have been prepared on a going concern basis as the trustees
believe that no material uncertainties exist. The trustees have considered the level of funds
held and the expected level of income and expenditure for 12 months from authorising these
financial statements. The budgeled income and expenditure is sufficienl with Ihe level of
reserves for the charily to be able to continue as a going concern.
{h} Judgements and key sources of estimation uncertainty
No judgements (apart from those involving estimates) have been made in the process of
applying the above accounting policies that have had the most significanl effect on amounts
recognised in the financial statements.
No key assumptions concerning the future and other key sources of estimation uncertainly at
the reporting dale that have a significanl risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next financial year.

Shenley Lodge Pre-school Incorporated
Notes to the Financial Statements
for the year ended 31 August 2024
2 Activities
2024
2023
Council Funding
Fundraising events
School Fees
Other income
Interest received
106,775
1,317
29.602
132
1.007
138.833
69,494
397
19,898
30
617
90,436
Income from fundraising events was £1,31712023 - £397} which was attributable lo
unrestricted funds.
3 Expenditure on activities
2024
2023
Staff Cost..
Wages
Employer's Insurance
Pension
Staff training and welfare
96,728
549
2,197
759
100,233
119,916
(10,720)
2,449
1,253
112,898
Other Cost..
Rent
Bank charges
Repiars and Maintenance
Insurance
Software
Consumables
Subscription
Printing, postage and stalionery
Telephone and fax
Othe legal and professional
Accountancy fees
11,500
178
12,650
120
620
2,502
583
2,220
1,509
393
1.270
162
2,244
24.273
1,255
635
2,653
3,430
515
1,226
1,044
22,436
Total expenditure on activities
122,669
137,171
4 Trustees, and key management personnel remuneration and expenses
The truslees received the following remuneration during the year..
Ruth Stockdale- £28,428.
5 Debtors: amounts falling due within one year
2024
2023
Trade debtors
Other deblors
191
2.975
3,166
75
5.816
5.891

Shenley Lodge Pre-S¢hool Incorporated
Notes to the Financial Statements
for the year ended 31 August 2024
6 Creditors: amounts falling due within one year
2024
2023
Pension payable
Deferred Income
Accruals
690
2,224
1,200
4,114
321
1,200
1,521
7 Fund reconciliation
All funds are unreslricled funds.
8 Related party
There were no related party transactions during Ihe year other than stated in note 4.
9 Place of business
The Meeting Place
S Faraday Drive
Milton Keyne5
MK5 5DE
10