## **Urchfont Pre School CIO Charity Number:1157254** ## Chair’s Report ## - September 2024 September 2025 Over the past year, we have celebrated many milestones and with thanks to the incredible staff and support from the committee, created memorable experiences for the children and families in our community. We successfully organised several fundraising events, including sponsored walks, a quiz night and a Christmas hamper raffle. These events were not only enjoyable for everyone involved, but also raised valuable funds to support the Pre School. A huge thank you to all parents, carers and staff who helped plan, run and support these activities. Earlier this year we explored the possibility of joining the Equa Mead Learning Trust. After careful consideration, we decided to put this plan on hold until spring 2026, allowing time to see how the school settled into the trust and to assess the impact before making any decisions about our own future. We welcomed Ofsted in February and the Pre School was graded ‘Good’. This is a fantastic achievement and reflects the hard work and dedication of staff. A huge thank you to the whole team - we are incredibly proud of the care and education you provide every day. This year we also celebrated two new arrivals. Sam and Laura both went on maternity leave - congratulations to them and their families on the safe arrivals of Emilia and Ava-Mai. We are delighted to welcome Laura back to work. She has fitted back into the team brilliantly and continues to be a valued member of staff. Thank you to Di who has stepped up as acting Manager again in Sam’s absence. With successful recruitment at the end of 2024, we were pleased to appoint Beth Ponting to the team. Sadly, Beth has since moved on, but we are grateful for the contribution she made during her time with us and wish her all the best for the future. This AGM marks some significant changes within our committee. We say goodbye to Elizabeth Wildman, Ellice Toogood, and Helen McKenzie, who are all leaving the committee. For the year ahead, we are pleased to welcome Kate Bundy to the committee, who will be taking on the role of Chair. Linnea Clarke will move into the role of Secretary, and Di Cooper will take on the role of Treasurer. These changes ensure the committee remains well supported and ready for the year ahead. Thank you to all staff, parents and committee members for your continued support and commitment to the Pre School. Elizabeth Wildman Chair Cuckoo Corner Urchfont Wiltshire SN10 4RA 01380 848444 Charity no. 1157254 Ofsted no. EY480715 ## **Treasurer Report 2024-25** ||FY23-24|FY24-25 Budget|FY24-25 Final| |---|---|---|---| |**Income**|||| |Pre-School Invoices|£24,841|£22,500|£22,296| |B&ASC Invoices|£21,849|£22,500|£21,760| |Local Authority|£63,553|£61,500|£67,343| |Fund Raising Profit|£3,546|£3,150|£2,458| |Grants / Donations|£6,469|£1,500|£850| |Transfer from Savings||£10,838|£10,838| |**Total Income**|**£120,258**|**£121,998**|**£129,545**| |**Expenditure**|||| |Expenses|£19,080|£31,970|£30,474| |Staff Costs|£87,457|£89,500|£95,970| |**Total Expenditure**|**£106,567**|**£121,470**|**£126,444**| ||||| |**Net Profit**|**£13,721**|**£518**|**£3,102**| ## **Savings Account: 1 Sep 24 £38,879.74 – 1 Sep 25 £25,080.32** _Note 1: £4,000 transferred from savings in August to cover in case council funding was not received in time for payroll. This has now been transferred back into savings but the transaction will fall in FY2526. This means net profit for FY24-25 should stand at -£898._ _Note 2: Due to the way that maternity pay is calculated, it is paid by us and then claimed back from HMRC in the form of credit against our tax account. Having 2 members of staff on maternity leave over the past 2 years has resulted in us building up a credit of £12,692 as of the end of FY24-25._ As discussed in last year’s AGM, FY22-23 was a real struggle financially and FY23-24 was much more successful. We were able to replenish some of the savings that we had dipped into and begin the building work that had been planned for several years so FY24-25 started with a much more positive outlook. FY24-25 was much steadier with invoices for both Pre-School and B&ASC coming in roughly as expected. Council funding was higher than expected and covered the small shortfall here. Fundraising and Grants / Donations both fell quite significantly short (~£1,300 below combined budget), predominantly due to the lack of fundraising in the second half of the year and a shortfall of match funding as a result. FY25-26 has got a combined budget of £3,500 for fundraising and grants / donations. Staff costs were again higher than expected, though this is entirely due to the extra payment of maternity leave which now sits in credit with HMRC (see note 2 above). Staffing payments are anticipated to be much more regular for FY25-26. Cbartty ffjujhber: 1157254 URCHFONT PRE-SCH(X>L CIO FINANCIAL STATEMEI¥TS FOR THE YEAR ENDED 31 AUGUST 21125 The Al*nbrvokes Gro¥p Ltd Tl* JS Week5 & Co Ch*nered AccouDtants URcHFo￿r PR￿SCH(M)L CIO FOR THE YEAR ENDED 31 AUGUST 2025 Cmtefjts Charity tnfornution Inde￿ndent Ex8miTKr's Rqxjrt RecetNs and Paym¢n 34 Balance Sheet CHAIUTY INFORMATION Trnsttts Ms EIi7Abeth Wildman {Clwir) IT￿￿gned Oct 20251 Ms Kate Icbair) (from (kt 2025) Linnea Clarke Heltn McKenzie (resi8lled (kt 2025) ie Pe￿ (from Ckn 2025) Ch*rlty Number 1157254 Cb*rlty Otace UTEhf(xrt Pre-Sch(KJi C￿ko0 Corner UTchfo SN104RA A