Park Road Under Fives CIO (Registered charity, number 1158484) Flnancial statements for the year ended 31 August 2025 Paga Contents: T.ru8te8s' annual rep)rt Independent Examine¢s report Receipts & Payments account statement of A88et3 & Llabilitles Notes to the accounts Independent Examiner Laura DavAon Hastlngs Voluntary Action Jackson Hall, Port1* Plaoe Hastings TN34 1 QN
Park Road Under Fives CIO Registered charty number.. 1158484 Park Road Under Fives CIO Trustees. annual report for the year ended 31 August 2025 The tnjstees present their annual and financial statéments of the chanty for the year ended 31 August 2025 . The financial staternents have been prepared in accordance with the accounting poliaes sel out in note 1 to Ihe accounts and comply with Ihe Charrtrfs constbtuion, the Charities Act 2011 and the Statement of Recommended Practu published in 2008. Full nam• Park Ro•J Under Flves L•gal *tstrJ• Charilable Incorp(Kated Organisation Rtytst•red charlty number 1158484 Prlncipal •ddrus Clo Sl Leonards-on-sea Methodlst Church Upper Park Road. St. Leonard&on-Saa East Sussex. TN37 6SJ Trust8•8 Robert May- treasurer Relired January 25 Richard Spk8- Treasurer Sophie Fry. Secretary Philip Osbom Alison Solemani Sharon Kennedy- Chair Lbyds Bank. Hasts'ngs 8ankorn Indepondont Examinor LauTa Dawson, ernployee of Hastings Voluntary Action Jackson Hall, Portland Place, Hastings, TN34 1 QN Aim• and obiectsv•• THEAIM OF THE PRE-SCHOOL IS TO ADVANCE THE EDUCATION OF PRE-SCHOOLCHILDREN SO THAT THEY MAY TAKE A CONSTRUTIVE PL IN THE COMMUNITY, AND ALSO THE EDUCATION. SUPPORT AND ADVICE OF THEIR PARENTS, AND IN THE FURTHERANCE OF THAT AIM: AI TO PROVIDE SAFE AND SATISFYING GROUP PLAY IN WHICH PARENTSTAKE PARTWHEN APPROPRIATE: BI TO ENCOURAGE OTHER CHARITABLE AcfiviTIES THROUGH WHICH PARENTS MAY HELP THE CHILDREN. SI¢bj9 govemanc• and managemmt The tharity is operated under the rules of its constitution adopted 24th October 2014. The charity's principal attivity duTlng the year continued to be provision of day care for pre- school thlldren.
Park Road Under FNes CIO Registered charty number.. I t58484 Park Road Under Fives CIO Trust••s' annual report {confd) for the year endod 31 August 2025 Trustees are appointed from parents of the children attending the pre-school, and local people whosuppartthe aims of the group. Trustees are elerted at theAnnual General Meeting IAGMI according to the requirernents of the Constitution. Trustees are elected for a pedod of three years, with retirements required on a rolling basis. Retiring trustees are eligible for re-election. All trustees give their time freely aftd no trustee remuneration was paid during the year. Dally administration of the group is delegated to the manager and staff team. Financlal revlew The group is funded through fees, fundraising events and local authorlty fundlng. The income enables the group to provide a high standard of quality childcare and equipment. During the year the charlty received £76,467.The costof operating the group was £71,917. The group made an operating surplus of £4,550. The trustees are aware that the finances of the group are finely balanced, and the situation is being monitored regularly to ensure that the groups remalns solvent and viable. Reserves poIIcy The trustee5 maintaln sufflclent cash reser¥es to fund worklng capltsl requirements and to ensure the Continued ex5sten¢e of the playgroup should adminlstrators not achleve target levels. The trustees have further determined that it will hold on reserve the equlvalent of oneterni's running costs. to be used to effect a controlled wind down should the trustees and members declde that it is In the Interest of the group to close, together with a fund to pay dUndanCY payments to staff members who are legally entitled to same. Summary of the main artlvltles and achlevements far the year The group has sole use of a spacious open plan hall durin8 opening hour5 and the use of a small room for nurture groups, singing and stoWelling. The children also have access to an enclosed coutyard garden for outdoor play, and make full use of the local community as we are sltuated within easy walklng dlstance to shops, schools and the park. We are reglstered to carefor chlldren aged 2-4years old, up to a maxlmum of 32 thildren per session. We work to a ratio of 1'.6for overthrees and 1.4 for under threes. We are open Mondays. Wednesdays, Thursdays and Fridays from 8.3019.00am to 3pm durfng term time 138 weeks of the year) and our session5 are 8,3019.30 til 12 and 12 til 3. Lunch is at 11.30am. All children are entltled to 15 hours of free early years provision from the tenn after they turn 3 years. Additionally, we can offer 2 year funding and 30 hours of funding for children If vourfamily meets the criteria.
Park Road Under Fives CIO RegiSted charty number: 1158484 Park Road Under Fives CIO Trustees. annual report (confd) for the year ended 31 August 202S We have a graduate led team of experienced practitioners who update their training on a regular basis. This is inclusive of mandatory courses such as Child Protection, Paediatric First Aid and childcare qualifications as approprlate. We provide an environment in which all children, including those with Special Educational Needs and disabilities are supported to reach their full potential. We plan and organise our envlrDnment and practlce to ensure that every child recelves an enjoyable and challenging experience which is tailored to meet their individual needs and interests. We provlde opportunlties to support and promote thelr overall development in a safe. stimulating and caring atmosphere, created by appropriately trained, knowledgeable practitioners with the involvement of all famille5 Within our community who are interested in and support our aims. We take care to provlde artivitie5which use equipment approprfate to the age and stage of development whlch will stimulate their Interests and encourage investigation. Under supeThlsion. we allow children to explore risky and challen8ing play to enable prartlce of existing skills and to build on and acquire new ones. We believe in the importance of play to facilitate learning and development. All children need to experlence a balan of adult led, freely chosen or child initiated play and actmties and experien5 tailored to their 5toge of development and taking occount of their indivldual need5. Interests and learning styles. We are passionate about children explorinB the process of learning; for u5 It is not about the end product . it is about children discoverlng their own iftdlvidual creativity, thinktng and learning. Accountln8 and reportSn8 responslbllltles The trustees are respon5ib5e for preparlng the Trustees, Annual Report and the Financlal Statements in accordance with applicable law and United Kingdom Accounting Standards IUK generally accepted accountin8 prarticel. The law applicable to charities in England and Wales requires trustees to prepare financlal ststements for each financial year which gNe a true and fair view of the state of affairs of the charlty and of the incomin8 resources and appliratlon of the resources of the charlty for that period. In preparlng thesefinancial statements. the trustees are requlred to: select sultable accounting policie5 and apply them consi5tentlv: - observe the methods and principles in the Charitie5 SORP: - make judgements and estimates that are reasonable and prudent: - State whether applicable accounting Standards have been followed. subject to any materlal departures disclosed and explained in the financial statements- prepare the financlal statements on a going concern basis unless it is inappropriate to psume that the charity will continue in operation.
Park Road Under FNes CIO Registered charty number: 1158484 Park Road Und•r Fivos CIO Trustses. annual report (confd) for th• year ended 31 August 2025 The trustees are responsible for keeping proper accounting records which disc105e wlth reasonable accuracy at any time the financial position of the charity and ensure that the financial statements comply with the Charites Act 2011, the Charlty (Accounts and reports) Regulation 2008 and the provision of the governing document. They are also responsible for safeguarding the assets of the charity and hence for tsklng reasonable steps for the prevention and detertion of fraud and other Irregularitie5. Approved by the trustees on and slgned on thelr behalf by: So ecretary Date It.S.2
Park Road Under FNes CIO Registered charity number.. 1158484 Independont Examinerfs Report to trusto•s of Park Road Under Flv for the year ended 31 August 2025 I report on the accoun Path Road Under Fives CIO for the tr4¥el¥e month period ended 31 August 2025 whith are set out on pages 2-9. Re8p¢clive responsibillths of committ0• & examlner The charitls tfustees are responsible for the pparath"On of the accounts. The charitys INstees consider that an audit 15 not required for this ar under sectron 144 of Ihe Charities Act 2011 Ilhe Charities Aet). and that an independènt examination is needed. It is my responsibility: to examine the accounts under section 145 of th8 Charities Act to follow the procedures laid down in the General Directbns gprfen by the Charlty Comrnissn {under section 145(5)Ib) of the'charilies Act), and io state vthether pa(lIar matter5 have come to my attenOn Bas1• of Indgpondont •xaminorf• rnport My examination was carried out in accordance with the General Directions given by Chartty CommIs$n. An examination includes a review of the accounting records kept by the charty and comparison of the supporting dcurnental)n presented with those records. It also indud8S consi(leralion of any unusual riems or (liscknsures in the acojunts. and seeking explanatlons from the trustees cortceming any such matters. The wocdures undertaken do not provide all the evidence that would b8 reqUId in an audit. and consequenty no opinion is given as to whether the accounts Present a Irue and fairt view and the report ts limited lo those matters set out in the ststement bdow. Indopondont examlnets 8tatem•nt In LYJnneclion with my examination. no matter has come to my attention.. 1) which gives me reasonable cause to believe Ulat in any material respect the requiiements: to keep accounting re)rdS in aOrdanCe with section130 of the Charities Act to prepare a¢xounls which accord with the a¢Unting records and to Comply with the accounting requirements ol Ihe Act have not been met,. or 2) to which, in my opinion, attentlon should be drawn in order to enable a proper uThJorstanding of the acuntS to be reached. ra Dawson Finance Manager Hastings Voluntary Action Jai*50n Hal. Portjand Pla(x. Hastings, TN34. 1QN
Park Road Under Fives CIO Registefed charity number.. 1158484 Park Road Under Fives CIO Rec•pis & Payments tDr p8fi(xJ 1 September 2024 31 August 2025 us Year Cunwt Y•Ar Unrestn¢29J nds Recei ESCC funding & fees FwdTaising Grants & donalions Misc income Bank Inlerest Sales Apprentlce Government Incentive fiJnd8 Totsl hd$ 80,978 89,044 69.044 400 85 186 50 124 6,749 500 76.467 124 6.749 83.629 76,467 58,880 Salaries Memberships incl Otsted Advertising & publirity Equipment & ¢SuMable resource8 Data proteclion R8pairs & Renewals Insurance Rent Printing. postage, te18phone & admin Stsff training costs PrOfessKla1 fe66 Travel & Subslslenc Mlsc payments 85 175 953 85 175 953 2.103 282 1,381 9,747 870 307 150 11.040 11,040 167 167 41 424 71,917 41 424 71.917 73,720 Net receipts 4,550 4,5SO 21.142 Furtd balances bff 1W24
1.052 31,052 31.052 Fd balan¢x$ OY 3118r25 35.802 35.602
Park Road Under FNes CIO Registered charty number". 1158484 Park Road Under Fives CIO Statement of Assets & Liabilitias for the year ended 31 August 2025 Premous year 31A)8r2025 Currnnt asset• Cuent Acojunt Funthaising Accxxjnt Dep.1 Account Cash n hand 17,670 31A)8r25 31108r25 31108r25 31mr25 17.867 13.370 12 31,052 13.493 12 31.975 Currnnt IknWlhi•s Wages owed to Empbyees Accruals Total Liabltties (3.020) (n (3.82n 31.052 35.602 Ropr•unted by. Accumulatsd fund bn Net receipts {exp8ndilure) 31.052 4,550 35,802 These fjnw¥ial statemerrts are arxeptsd on behaff of the tharlty by: ard Spice. Treasurer
Park Road Under FNes CIO Registered charity number: 1158484 Park Road Undar Fives CIO Notss to the accounts For the year ended 31 August 2025 1 Receipts & paymonls accounts Receipts & payThans accounts are statements that summari8e the mov8m8nt of cash into and out of the Charity during the financial year. In Ihis context cash includes cash equivalents, for example. bank accounts where cash Gryn be readily wrthdrawn to pay for 2 Premlse8 and 8tsff The premises are rented from St Leonards on Sea M*hodist Church. The charty employs the membws of staff. 3 Tru$tee•' r•muneratlon Trustee8 recAprfed no exp8nses. remuneration or benefrts during the peritxl. 4 Relatsd party dlscltrJurn• The seeJetary is related tr) the manager of the Pfe-5chod. The trustees have discussed and are aware of the potential CnI71$ of interest. There is a conflict of interest tx)licy and the situation is kepl undef review. S Prnvi0 poriod compafl•on In October 2014 the charyty changed its status from unlcorporated to incorporated. Last yea¢s figur8s haNE been included lor comparison. 8 GI#4¢y.01 Re•trlctad funds: These are funds giNen to the charity, subject to specific restricttons set by the donor, but sllll wilhln the gèneral objects of the charity-