Ventnor Community Early Years Ltd
Trustees Report
- 2024 2025
This year started off with a more secure financial foundation, which we are tremendously pleased about. We are still cautiously optimistic that as our numbers and reputation continues to grow, so will our economic stability. Our rent increased at the start of this academic year, however, it is still manageable as we are fortunate to have all our bills, utilities and maintenance included.
The facilities manager will regularly meet with us to discuss any work or repairs that need to occur, as well as being very responsive to any requests we make, as needed.
Throughout the year, we have continued to resource and purchase as sustainably as possible. We are always looking at free selling sites and searching through charity shops for interesting and exciting equipment and objects. We also have asked parents and families for specific donations by distributing letters and posters home. This resulted in a lot of wonderful resources being donated to the children such as: keys, a vintage radio, wooden planters, cookery equipment, crockery, and more.
In February, we reached out to a tree surgeon to ask for donations to freshen up our mud kitchen area. He generously donated three tonnes of bark, lots of logs for stepping stones and seats, and even made a table out of an old tree. This transformed an area of our outside provision for the children to explore and use, for no cost!
In the summer term, we were still on an upward trajectory for our financial stability, so we made the decision to invest some money into regular activities and experiences for the children. We have a forest school teacher come in once a week for Preschool. He teaches the children skills such as lighting a fire, chopping wood, and making dens. We also introduced going out on trips twice a week. We take trips on the bus to the local Donkey Sanctuary, as well as bus trips to a neighbouring village that has a new large play park.
The government have announced that working families will receive 30 hours entitlement for the next academic year. This has resulted in a surge of new babies enrolling for September 2025 and our registers are almost full.
We remain optimistic and excited for the next academic year and will strive to invest our time and money into the local families of Ventnor and surrounding areas. As we look ahead, it is always our endeavour and ethos to provide high quality and outstanding care and education to all.
Sincerely,
Helen McMullin
REGISTERED COMPANY NUMBER: 08457584 (England and Wales) REGISTERED CHARITY NUMBER: 1157643 ort of the Tru tee and Unaudited Financial Statements for the Year Ended 31 Au ust 2025 for Venmor Communi Earl Years Centre Ltd Allegri & Co. 16c Sandown Road Lake Isl¢ of Wight P036 9JP
Venln r Communi entre Ltd Conlenls of ihe Financial Statements for the Year Ended 31 Au ust ?025 Page Rew)rt of the Trustees Independent Examiner's Report Statement of Financial Activilies Balance She Noles lo the Financial Statemenls Detailed Statement of Financial Aclivities 12 to 13
V inor Communi Earl Years Centre Ltd ort of the Trustees forihe Year End usl 2025 The tnjslees who are also directors of the ¢harity for the purposes of the Companies Act 2006, present their report with Ihe financial slaiements of Ihe charity for the year ended 31 August 20?5. The truslees have adopted Ihe provisions of Accounting and Reporting by Charities= Siatement of Recommended Praciice applicable to charities preparing iheir accounls in accordance with the Financial RebrtIng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OWECTIVES AND AcfiviTIES Objeetives and aims To enhanee Ihe developmenl 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.. offering appropriate play,educalion and care facilities and traiiiing cour5es,logether 1th the right of parents to take responsibility for and to be¢ome involved in the activities of such groups. ensuring that such groups offer opportunities for all children whalever iheir raLe.euliure,religion,means or ability encouraging the Siudy of the needs of such children and their families and promoting public interest in and recognition of such needs instigating and adhering lo and furthering the aims and objecls of the pre-school learning alliance. Page I
Venlnor Communit Earl Years Centre Lid Re ort of the Trustees for the Year Ended 31 Au ust 2025 OWECTIVES AND AcfiviTIES Significant activities The academic year slarted with us having our numbers of chIldn on roll increased and our full staff team in place. We came in as a whole team for two development days to open the premises up. lidy the garden, and make a new home for Ihe ever growing stick insecls. In Ociober, we were pleased to slart our free parent and child group back up after taking a year hiatus. This group is called 'Sing and Sign, and is a tim¢ to have fun lOS¢ther whilst learning songs using words and Makaton signs lo encourage communication and understanding. We were pleased with having some parenis regularly anend the session. and ihe signed siory soon became a highlight. In November, we decided to redesign and reinlroduce our nursery unifom) for ihe children. We went for a navy blue lo t-shirt and matching jumper. The roll out of this was a huge succes5 with most of our children purchasing the new style. De¢ember was a busy month for activities and events. We had our annual Ouidoor Christmas fun afternoon. Families were invited to join in with traditional c.hristmas activities such as gingerbread decoraiing, and making tree ornaments. As well as seeing Father Christmas in his grotto. watching a magician, and wam]ing up wilh f(K)d from the BBQ and a luxurious hol chocol&e. At ihis event we drew our rdffle and were v¢ry fortunate to have a huge amount of prizes donaled by various businesses on the island, which resulted in us selling a lot of iickets. We also had a Christmas party for the children hosted by AJ the entertainer- which was immensely fun, and th¢ Preschool children presented a c4)ncert to their families which a wholesome and heart-warniing evenl. At the end of December we had our unannounced inspection from environmental healih, and We extremely pleased to receive a five star rating. In Febwary, we embarked on a whole setting outing to Amazon World zoological park. We all got on a eoach and went to explore the park for ihe day. We had a wonderful day, finding out about the different animals and playing together in the large soft play structure. For World Book Day in Mareh, we had a whole week of evenis. focusing on a different trf)ok every day. We went to the local Donkey Sanctuary and read the Wonky t)onkey; we Inade pancakes for Mr Men's Pancake Day. We made a feast for The Hungry Caterpillar, made a magical milkshake for The Smeds and The Smoos, but the highlighi of ihe week was reading The Billy Goats Gruff and having goats and sheep visit the serting to lest out the bridges we had made. Ai the end of April we introduced our daily rituals lo enhance children's experiences and opportunities to learn. We iniroduced having a foresi school teacher come and deliver sessions on Mondays for Preschool, Baking Tuesdays, trips lo the Donkey Sanctuary on Wednesdays, bus trips to a large park on Thursdays and milkshaL-e Fridays. This gave ihe children awareness of the days of the week and they showed great excitement to arrive at nursery and participaie in the daily rhythm. Forest school has been a tremendous hit with our Preh0o1 ehildren. They engaged in risky play such as.. hopping w(K)d with axes and cooking on an open fire. In May, an ex-parenl donated some tadpoles to the setting and the children showed awe and wonder at walching them transfomi into frogs. They ihen returned the frogs to their original pond. We also celebrated VE day in May. The children had red, while and blue face painis and made scones and sandwiches for an aftern(M)n tea. We celebrated Eid in June: we danced wilh bubbles, had a Ireasure hunt, had moon and stars face paints, as well as making yummy siar shaped biseuits. We also celebrated naiional picnic day, by going to the woodland area and sharing a picnic lunch togeiher. At the end of June. we held our own mini IOW festival. We played music from a variety of bands and played along using drums and other insiruments, had lois of Ix)dy glitter and face painls, played with the water ball, and made delicious candy floss to eat as a ireatl In July. the children were trealed to a special visit from the local fire brigade. They got to go inside and explore the engine, and then watched the fire fighters pretend to put oul a fire on our playground and save the teddy from the climbing frame. We held a Family BBQ and Play afternoon. The children had various activities to explore wilh their families: w¢ had another BBQ and they got io watch Huxley the Magician perfomi spellbinding tricks. We finished the year with a high energy party from AJ the entertainer. which had ¢veryone laughing, dancing and going home with huge balloon hatsl We have had an incredible year at Ventnor Community Early Years and are all looking fonvard to the New Year ahead. Public beDefit In setting our objectives and planning our aclivities our Twstees have given serious consideralion to the Charity Commission's general guidCe on public benefit and in particular the advancement of education. Page 2
Venlnor Communi Earl Years Centre Ltd Re rt of the Truslees for ihe Year Ended 31 Au ust 2025 FUTURE PLANS The Trustees have been focussed on maintaining the Ofsted inspection rating with a follow up inspection due 2026. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing document, a deed of trusl, and constitute5 a limiied company, liiniled by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08457584 (England and Wales} RegÉstered Charily number 1157643 Registered office 16c Sandown Road Lake Isle of Wight P036 9JP Trustees Mrs H M Mc Mullin Early Year Teacher Miss E M L Cousins Carer (resigned 12.1.26) Ms E L Brown Early Years Teacher Ms T Tredwell Tn]stee (appointed 12.5.25) {resigned 31.8.25) Mrs S Adams Direclor Mrs M M Wright lappx)inted 13.1.26) Miss J A Rann (appointed 13.1.26) Company Secretary Mrs H M Mc Mullin Independent Examiner Selina Powder FMAAT Allegri & Co. 16c Sandown Road Lake Isle of Wight P036 9JP Approved by order of the IK)ard of trustees on .... . and signed on lis behalf by: Mrs H M Mc Mullin- Trustee Page 3
Inde ndent Examinerfs Re rt to th Truslees of Ventnor Communil Earl Years Centre Lid Independent examiner's report to the trustees of Ventnor Comnjunity Early Years Centre Ltd ('the Company,) report to the chariry iruslees on my examination of the accounts of the Comp¥tny for the year ended .31 Au&Fust ?0?5. Responsibilities basis of report As the charity's mist¢es of the Company {and also lis directors for the purposes of company law) you are resnsIble for the preparation of the accounts in accordance wilh ihe requirements of the Companftes Act 2006 ('Ihe ?006 Art,). Having satisfied myself Ihat the accounts of the Coinpany are nol required io be audited under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my examination of your charity's accounts as CWTied out under Se10n 145 of the Chariltes Act 2011 ('the 201 l Act,). In catrying oul my examination I have followed the Directions given by the Charity Commission under Section 145(5) Ibl of the 2011 Act. ndependent exAminer's slatement I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Seclion 386 of the 2006 Act; or Ihe accounls do not accord with those records- or the accounts do nol comply with the accounting requirLments of Section J96 of the 2006 Act other than any requirement ihat the accounts ¥iv¢ a true and fair view which is no( a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of ihe Statement of Recommended Prnctice for accounting and repot1iDg by charities (applicable to charities preparin¥ their accounts in aceordan¢e witl) tl?e Financial Reponing Stsndard ¢ippli¢able in Ihe UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no oiher matters in connection with the examination io which attenlion should be drawn in this report in order io enable a proper understanding of ihe accounis lo be reached. Selina PowderFMAAT The Association of Accounting Technicians Allegri & Co. 16c Sandown Road Lake Isle of Wight P036 9JP 16 FE8 20Z6 Page 4
Venmor Comm ni Ire Staiement of Finaneixl Activities Year Ended 31 Au ust 2025 31.8.25 Total funds 31.8.24 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charilable activities Education and Development 244564 244,564 162,703 To¢41 244,565 244,565 162,704 EXPENDITURE ON Charitable aetlvities Education and Development 191.955 191,955 154,315 NET INCOME 52,610 52,610 8,389 RECONCILIATION OF FUNDS Toial fvnds brought forward (2,437) (2,437) (10,826) TOTAL FUNDS CARRIED FORWARD $0,173 50.173 12,437) The notes fonn part of these financial statements Page 5
Ventnor muni Earl Years Centre L Balance Sheei ust 2025 31.8.24 Total tunds Unrestricted fund Restricted funds Total funds Notes FIXED ASSETS Tangible assets 1,184 1,184 .397 CURRENT ASSETS Cash al bank 52,788 493 CREDITORS Amounts falling due wiihin one year (3,799) {3,799) (4,327) NET CURRENT ASSETS/(LIABILITIES) 48,989 48,989 (3,834) TOTAL ASSETS LESS CURRENT LIABILITIES 50,173 (2,437) NET ASSETSI(LIABILITIES) 50,173 -50,173 12,437) FUNDS Unrestricled funds 50,173 (2,437) TOTAL FUNDS 50,173 (2,437) The charitable company is enliiled exemption from audil under Section 477 of ihe Companies Act 2006 for the year ended 31 Augusi 2025. The members have not required the company to obiain an audil of its financial slalements for the year ended 31 Augusi 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for la) ensuring thai the eharilable company keeps accounling records that comply wilh Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of Ihe slale of affair5 of Ihe chariiable company as at the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements of Seclion5 394 and 395 and which otherwise comply with the requirements of the Companies Aet 2006 relaling to financial slaiements. so far as applicable to the Charitable company. (b) These financial slalements have been prepared in accordance with the provisions applicable lo charitsble companies subje¢l to the small companies regime. The financial statemenls were approved by Ehe Board of Trusiees and authorised for issue . and were signed on its behalf by: on H M Me Mullin- Tru5te¢ The notes fomi part of ihese financial statemenls Page 6
Ventnor Comrnunit Earl Y Notes lo the Financial Statements for the Year Ended 31 Au ust 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalements of the charitable company, which is a public benefit enlity under FRS 102, have been prepared in aecordance with the Charities SORP IFRS 10?) 'Aeeouniing and Reporting by Charilies.. Staiement of Recommended Practice applicable to charilies preparing their ac¢ounts in accordance with the Financia] Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reponing Standard applicable in the UK and Republic of Ireland, and the Companies A¢t 2006. The financial statements have been prepared under the hislorical c05t convention. Income All incoine is recognised in the stement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received aT]d the amount can be measured reliably. Expenditure Liabililies are recognised as expenditure as soon as there is a legal or constructive obligalion ¢omTnitting the Lhariiy to thai expendiiure, 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 Classitied under headings that aggregate all cosl related lo the category. Where cosis cannot be directly attributed io particular headings they have been allocaied to activities on a basis consistent wilh the use of resources. T8ngibl¢ fixed assets Depreciation is provided at the following annual rates in order lo write off e3¢h asset over its estimated useful life. Taxation Tlie charity is exempt from corporation on its charilable activities. Fund accounting Unreslricled tunds can be used in accordance with the charitable objectives at the discrelion of the Ituslees. Restricted funds can only be used for pai1icular restricted purposes wiihin the objects of the chariiy. 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 ihe notes to the financial sialements. Hire purchase and leasing commitments Rentals paid under operating, leases are charged to the Statement of Financial Aclivilies on a straight line basis over the period of the le&se. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contribulions payable to the charitable company's pension scheme are charged to ihe Statemenl of Financial Activities in the period to whieh they relaie. Page 7 continued...
Ventnor Communi Earl Years Centre Ltd Notes to the Financial Siatements- continued f h Year Ended 3 t 2025 IYET INCOMEI(EXPENDITURE) Net income/(expenditure} is stated after Chargin(Crediting)'. 31.8.25 31.8.24 Depreciation - owned assets Other operaling leases 213 10,416 253 9.999 TRUSTEES, REMUNERATION AND BENEFITS No iruslees received any remuneration or other benefits for their work as trusiees for Ihe year ended 31 August 2025 nor for the preceding year. Two of the trustees are full time paid employees of Ihe Charity, their remuneration being wholly for Iheir work as employees. Trus¢ees' expenses There were no 31 Augusi 2024. trustees, expenses paid for the year ended 31 August ?025 nor for the year ended STAFF cosrs The average monthly number of employees during the year was as follows.. 31.8.2.S 31.8.24 Teaching and care staff No employees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricled fund Restricted funds Total funds INCOME AIYD ENDOWMEIYTS FROM Donations and legacies Charithble activities Education and Development 162,703 162,703 Total 162,704 162,704 EXPEIYDITURE ON Charitable activities Education and Development 154,315 154,315 NET INCOME 8.389 8,389 RECONCILIATION OF FUNDS Total funds brought forward 110.8261 (10,826) TOTAL FUNDS CARRIED FORWARD 12,437) 12,437) Page 8 continued...
Ventnor ommunit E l Yearscen Lt Notes to the Financial Statemenis- coniinued for ihe Year Ended 31 Au ust 2025 TANGIBLE FIXED ASSETS Plant machinery Compuier equipment Totals COST At I September 2024 and 31 August 2025 12,751 726 13,477 DEPRECIATION At I September 2024 Charge for year IlJ94 203 12,080 213 io Ai 31 August 2025 11597 696 12293 NET BOOK VALUE At 31 Au¥usi 2025 1,154 30 Ai 31 August 2024 1,357 40 1,397 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Social security and oiher taxes Pension Creditor Accrued expenses 2,634 352 813 1.571 278 2,478 3,799 4,327 MOVEMENT IIY FUNDS Net movement in funds At 31.8.25 At 1.9.24 Unrestricted funds General nd (2,437) 52,610 50,173 TOTAL FUNDS (2,437) S2,610 50,173 Nei movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 244065 (191.955) 52,610 TOTAL FUNDS 244,565 (191,9.S.S) 52,610 Page 9 continued...
orcommuni entre Ltd N tes to the Financial Staiements - continued for the Year Ended 31 Au SI 2025 MOVEMENT IN FUNDS- continued Comparatives for movement in funds Nei movement in funds At 31.8.24 At 1.9.23 Unrestricted funds Generai fund (10,826) 8.389 {2,437) TOTAL FUNDS (10,826) 8.389 (2,437) Comparntive nel mov¢ment in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds Gener31 fund 162.704 (154,315) 8.389 TOTAL FUNDS 162,704 (154,315) 8,389 A cunrnt year 12 months and prior year 12 monihs combined position is as follows.. Nel movemenl in funds Ai 31.8.25 At 1.9.23 Unrestricted funds General fund (10,826) 60,999 50,173 TOTAL FUNDS (10.826) 60.999 50,173 A Cuent year 12 months and prior year 12 months Combined net movemeni in funds, included in the ai7ove are as follows: Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 407.269 (346,270) 60.999 TOTAL FUNDS 407,269 (346,270) 60,999 Page 10 continlted...
Veninor Communi Earl Years Cen Notes to the Financial Statements - continued or the Year Ended 31 Au RELATED PARTY DISCLOSURES There were no related party Iransadions for ihe year ended 31 August 2025. Pagell
Ventnor Communit Earl Y Ltd Delailed Sialement of Financial Activities for the Year Ended 31 Au ust 2025 31.8.25 31.8.24 INCOME AND ENDOWMENTS Donations and leg4cies Gifts Charilable activities Fees Funding Contracts 28,105 216,459 36,112 126.591 244,564 162,703 Totsl ineoming resources 244,565 162.704 EXPENDITURE ChAritsble aclivi¢its Wages Social security Pensions Rent Raies and water Insurance and subscriptions Lighi and heat Telephone & Broadband Postage and stationery Trips and Acliviiies Classroom equipment Cleaning and unifomls F(y)d and catering supplies Staff Training Waste Collection 144,810 4,062 2,899 10,416 2,292 5309 116.647 2.096 2,047 9,999 2,797 4,878 231 333 239 725 31J) 589 217 1,973 718 2246 10,991 7,295 1,843 538 187,117 150,058 Support costs Management Advertising 193 Finance Bank charges Payment System Charges 102 1,030 84 1,032 1,132 1.116 Inforniation technology Repairs and renewals 742 1.246 O¢her Sundries CArried forward 398 398 21 21 This page does not fomi part of the slalutory financial slalemenls Page 12
Ventnor Communi Earl Years Cenire Lid Delailed Siatement of Financial Activities for the Year Ended 31 Au 31.8.25 31.8.24 Other Brought fonvard Accountancy and payroll fees 398 2,159 21 853 874 Other 2 Plant and maehinery Computer equipment 204 io 240 13 214 253 Governanct costs Legal fees 768 Totai sourceS expended 191,95S 154.315 Net income S2,610 8,389 This page does not forn] part of ihe statutory finanei31 statements Page 13
nde endent Examinevs Re to the Ttwstres of Ventnor Communi Earl Years Centre Ltd Independent examiner's report to the trustees of Ventnor Community Earty yea Centre Ltd ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Responsibilities And basis of report As the charity's trustees of the Company (and also its directors for the puttx)ses of company law) you are responsible for the pparall0n of ihe accounts in accordance with the requirements of the Companies A 2006 ('th¢ 2006 AGt'). Having satisfied myself that the accounts of the Company are nol required to be audiied under Part 16 of the 2006 Aet and are eligible for independent examination, I report in spect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (*he 2011 ACV). In carying 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 stgtement I have Completed my examination. I Confirni no mattets have come to my attention in connection with the examination giving me cause to believe: aceounting rOrdS were not kept in respect of the Company as required by Section 386 of the 2006 Act" or the accounts do not accord with those records" or the accounts do not comply wilh 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 the accounts have not been prepared in accordance with the mdh(Kb and principles of the Stxtement of Recommended Prdctice for acwunting and rewrting by charlties (applicable to charities preparing their accounts in aordanCe with the Financial RertIng Standard appIlble in ihe UK and Rq)ubli¢ of Ireland (FRS 102)). I have no concerns tnd have come across no other matters in COTmection wilh the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. Selina Powder FMAAT The Association of Accounting Technicians Allegri & Co. 16c Sandown Road Lake Isle of Wight P036 9JP 16 FEB 2026 Date.. Page 4