2025
Registered Company No. 07556426
Registered Charity No. 1167296
Padnell Pre-school
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 August 2026

Padnell Pre4chool
CONTENTS OF THE TRUSTEES REPORT AND ACCOUNTS
for the year ended 31 August 2025
Pagels)
Legal & administrative details
Report of the Trustees (including DI￿tOrS, ￿port)
2to3
Independent Examiner's Rep)rt
Stat8ment of Financial Activrties
Balance Sheet
Notes to the Financial Statements
7t013

Padnell Pr&School
LEGAL & ADMINISTRATIVE DEfAILS
for the year ended 31 August 2025
Trustees
Hannah Shepherd (Chair)
Amanda Grayson
Diane Kingsbury (Treasurer)
Andrew Barker
Lisa Kemot
Charrty number
1167296
Company number
07556426
Registered ¢)ffice
Padnell Avenue
Cowplain
Waterfooville
P08 8DS
Bankers
National Westminster Bank
Independent examiner
Rachel Kavanagh FCA
Va Zip Accounting
5 Oak Tree Drive
Liss
Hampshire
GU33 7HW

Padnell Pre-school
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORTI
forthe year ended 31 August 2025
The trustees present their annual rep)rt and financial statements for the year ended 31 August 2025.
The financial statements have been prepared in accordance the accounting policies set out in Note 1 to
the financial statements and comply with the chanvs goveming document.
Governance
The Pre-school is a charitabl8 company limited by guarantee incorporated in March 2011 and registered as a
charity in June 2011. The company was established under a memorandum of association, which established
the objects and powers of the charitable company and is govemed under its articles of association. In the
event of the company being wound up members are required to contribute an amount not exceeding £1.
Some trustees I directors receive remuneration for work carried out other than their duties as trustees, in
accordance with the articles of association. These services are subject to a written agreement between the
individual and the Pre-school, the level of remuneration for these services does not exceed the amount which
would customarily be paid for these services, and not more than a minority of trusteesldirectors may be at any
time subject to such arrangements.
Trustees are elected annualty at the Annual General Meeting.
The trustees, who are also the directors for the purpose of company law, vtho seNed during the year and up
to the date of signature of the financial statements were..
Hannah Shepherd
Amy Mitchell (Resigned on 13 October 2025)
Amanda Grayson
Di8ne Kingsbury
Lana A￿00d (Resigned on 13 October 2025)
Eleanor Waller (Resigned on 13 October 2025)
Andrew Barker
Lisa Kemot {ApF)ointed on 13 October 2025)
Most trustees are already familiar wrth the practical work of the chanty. Trustees are given job descriptions for
their role as trustee and complete Safeguarding and Role of Trustee in delivering the EYFS training
certificates.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable
accuracy at any time the financial posrtion of the Pr&School and to enable them to ensure that the financial
statements comply with the Companies Act 2006. Budgets are completed annually and updated monthly to
take into account all factors affecting income and expendtture.
Objectives and prfncipal activities
The aims of the Pre-school are to enhance the development and education of children primarily under
statutory school age Iwo to rising five by encouraging parents to understsnd and provide for the needs of their
children through communty groups.
We offer appropriate play, education and care facilrties and family leaming, togethar wrth the right of parents
to take responsibilty for and to become involved in the activities of such groups, ensuring that such groups
offer opportunrties for all children whatever their race, cutture. religion, means or ability.
We encourage the study of the needs of such chitdren and their families and promole public interest in and
recognition of such needs in the local areas. We instigate and adhere to the aims and objects of the Early
Years Alliance.
We have active parent partnerships. involving families of the Pre-school to help organise events throughout
the year.

Padnell Pre-school
REPORT OF THE TRUSTEES {INCLUDING DIRECTORS. REPORT) (CONTD)
for the year ended 31 August 2025
Achievements and perfomiancé
A new mud krtchen - Parent donation of initial mud kitchen - Parent volunteers dug and laid foundations and
built an overhead wooden weather canopy.
Purchase of a second-hand interactive whiteboard. with the help of a parent, was obtained at a very
reasonable cost.
Working With a local day nursery Setting to offer before and after pre-school care for working parents.
Member of staff completed their LAC training. Forest School level two training completed also.
Completion by a member of staff for her Early Year Status Training.
Therapy dog now established. insured and certrfied for attendance at the pre-school.
Ready Steady Listen Event- Three bears workshop: a fundraising event whereby the children were
sponsored to read at home, and the sponsor money raised was used to purchase from a catalogue of book8
for the preschool library.
Golden ticket day off was introduced and working well. Additional tasks undertaken by two members of staff
have been rewarded wrth a monthly bonus %heme.
Spanish lessons - Offered to parents for children to learn Spanish once a week.
Ikea storage units purchased for organising toy cupboard.
Public bonefit
The trustees have had regard to the guidance on public benefrt issued by the Charity Commission.
Flnanclal review
A Reserves Policy is in place to allow funds to sustain the pre-school rf income falls bel￿ expected levels and
meet any redundancy obligations or unexpected building maintenance costs. Under the policy the trustees
have detemiined that the charty should aim to hold unrestricted cash of no less than £20,000 which equates
to about 2 months of salaries. At the period end. the charty held unrestricted cash of £76,391 and therefore
the charity is complying with its reserves policy
Role play resources were purchased to support our sustainableAvood8n toy curriculum. (Plastic free
environMentaVrec￿1ing learning).
Early Years Pupil premium funding received was used to buy resources for the selected children to support
their learning and development needs.
Our yearly visit to our local age concem with a Chrislmas hamper taken by a selection of children YRS well
received.
Small company provisions
The company has taken advantage of the small companies. exemption in preparing this report.
The trustees, report (including directors, report) above was approved by the Board of Trustees.
Lisa Kernot (Secretary)
Date..

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEESIDIRECTORS OF
Padnell Pr&School
for the year ended 31 August 2025
I report to the chanty trustees on my examination of the accounts of Padnell Pre-school (Ihe chartty) for
the year ended 31 August 2025 on pages 5 to 13 following.
Responsibillties and basis of report
As the charitys trustees (who are also the directors of the company for the purposes of company law), you
are responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 2006 ('Ihe 2006 Act.).
Having satisfied myself that the accounts of the Company are not required to be audited for this year
under Part 16 of the 20(￿ Act and are eligible for independent examination. I report in respect of my
examination of your chartys accounts as carried out under section 145 of the Charrties Act 2011 ("the
2011 Act.). In carrying out my examination, I have followed the Directions given by the Charity
Commission (under section 145(5)(b) of the 2011 Act.
Ind•p8ndent examinor's statement
I hav8 completed my examination. I confimi that no material matters have come to my attention which
gives me cause to believe that..
' accounting records were not kept in accordance with section 386 of the Companies Act 2006,. or
• the 8ccounts do not compty with relevant accounting requirements under section 396 of the Comp8nies
Act 2006 other than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independenl examination,. or
the accounts have not been prepared in accordance with the Charities SORP {FRS102).
I have no concerns and have comè across no other matters in ￿nneth.On wrth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Rachel Kavsnagh FCA
Chartered Accountant (ICAEW)
Ua Zip Accounting
5 Oak Tree Drive
Li8S
Hampshire
GU33 7HW
Date..
20/3

Padnell Pre￿chool
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 August 2025
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Notes
Income:
Donations and legacies
Income from charrtable adivities
Investment income
204,943
10.032
236
3,592
208,535
10,032
236
191,668
16,848
255
Gross income
215,211
3.592
218,803
208,769
Expenditure:
Pre-school running costs
Sales & training
Fundraising
Premises costs
Administration
168,848
3.515
670
21,121
16,471
3,967
172.815
3,515
670
21.121
16,471
149,721
2,123
140
19,768
13,785
Total expenditure
210,625
3,967
214,592
185,537
Net income before tsx
4,586
(375)
4,211
23,232
Tax payable
Net income
4,586
(375)
4,211
23,232
Transfers between funds
17
(279)
279
Net movement in funds
4,307
(96)
4,211
23,232
Reconciliation of funds:
Total funds brought fo￿rd
17
79.040
79,136
55,904
Total funds carned forward
83.347
83,347
79,136
The notes on pages 7 to 13 fonn part of these financial ststements

Company number: 07556426
Padnell Pre4chool
BALANCE SHEET
as at 31 August 2025
Notes
2025
2024
Non-current Assets
Tangible flxed assets
12
8,303
8,303
7,781
7.781
Current Assets
Slocks
Debtors
Cash at bank and in hand
13
14
788
1.450
76,391
78.629
1,059
2,448
71,449
74,956
Credltors
Amounts falling due within one year
15
(3,585)
{3,601)
Net Current A88ets
75,1)44
71,355
Total Assets less Current Llabllltles
83.347
79,136
Credltors
Amounts falling due after more than one year
Net A880ts
83.347
79,136
Funds
Unrestricted funds
Restricted fund8
17
17
83,347
79,040
Total Funds
83.347
79,136
The company was entit￿ to exemption from audit under s4TT of the Companies Act 20C6 relating
to small companies.
The members have not required the company to obtain an audrt in accordance with section 476 of
the Companies Act 2006.
The directors acknowledge their responsibilities for cOmpl￿'n9 v￿h the requirements of the
Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance wtth the provisions applicable to small
companies subject to the small companies regime and in accordance with FRS102 SORP.
lo.151. 16
The financial statements were approved by the Board of Trustees on ..........
and we
e signed on its behalf by:
Diane Kingsbury
Director
The notes on pages 7 to 13 form part of these financial statemerts

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS
for the y68r ended 31 August 2025
ACCOUNTING POLICIES
Charty Informatlon
Padnell Pre-Sch¢)ol is a charitable company limited by guarantee incorporated in England and Wales. The
registered office is Padnell Avenue. Cowplain. Waterlcoville, P08 8DS.
a) Basis of preparatlon
These accounts have been prepared under the historical cost convention. and in accordance with the
Statement of Recommended Practi￿.. Accounting and Reporting by Charities preparing their accounts in
accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
issued on 16 July 2014, with the Chantses Act 2011, and with the Companies Act 2006.
The charity constitutes a public benefrt entty as defined by FRS 102.
The Charty has taken advantsge of the provisions in the SORP for chartties not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the chanty. Monetary
amounts in these financial statements are rounded to the nearest £.
The principal accounting policies adopted are set out below.
b) Golng concorn
At the time of approving the financial statements, the trustees have a reasonable expectation that the
charity has adequate resources to continue its operations for the foreseeable future. Thus the trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
cl Recognltlon of Income
Income is included in the Ststement of Financial Acts'vities (SOFA) when:
. the charty becomes entrtled to the resources.
it is more likely than not that the trustees will recerve the resources;
. the monetsry value can be measured with sufficient reliabilty.
d) Offsettlng
There has been no offsetting of assets and liabilities or income and expenditure unless required or
pemiitted by FRS 102.
el Grants and donatlons
Grants and donations are only included in the SOFA when the general income recognition criteria are met.
n Govemmont grants
The charity has received government grants in the reporting period.

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS (CONT'D)
for the year ended 31 August 2025
ACCOUNTING POUCIES (CONT'D)
g} Income from interest
This is included in the accounts when receipt is probable and the amount receivable can be measured
reliably.
hl LiabS1ity recognitlon
Liabilities are recognised where it is more likely than rnt that there is a legal or constructive obligation
committing the charty to pay out resources and the amount of the obligation can be measured with
reasonable certainty.
l) Creditors
The charty has creditors which a￿ measured at settlement amounts less any trade discounts.
J) Tanglble assets and depr8clation
These are caprtalised rf they can be used for more than one year and cost more than £500. They are
valued at cosL
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight
line basis over their expected useful economic lives as follows.
Fixtures & Fittings
Computer Equipment
10 years straight line
4 years 8traight line
k} Stocks
Stocks are measured at the lower of cost and estimated selling pri￿ less costs to complete and sell. Cost
includes all costs of purchase, costs of conversion and other costs incurred in bnnging the stocks to their
present location and condition.
l) Débtors
Debtors are measured on initial recognition at settlement amount or amount advanced by the charty.
Subsequently they are measured at the cash or other consideration expected to be received.
m) Description of funds
The unrestricted fund is the accumulated funds from charrtable activities, unrestricted grants and
donations, and income from Investments. Unrestricted funds are available for use at Ihe discretion of the
trustees in furtherance of their charitable objectives.
Restricted funds are subject to SP8crfic condrtions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in Note 17 to the financial statements.
n) Cash at bank and in hand
Cash at bank and hand includes monies deposited in the charity's current and savings bank accounts.

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS {CONT'D)
for the year ended 31 August 2025
Donations and 18gacles
2025
2024
General grants provided by govemment
Other donations
206.752
1,783
208.535
183,789
7,879
191,668
General grants provKled by govemment relates to funding received for the provision of free ear￿ education
for children aged fv40. three and four years. Note 17 gives further details on restricted funding.
Income from charftablo actlvltlos
2025
2024
Fees from operating activits'es
Fundraising and activities
Uniform sales
9,358
234
440
10.032
15,479
1,039
328
16,846
Investment Income
2025
2024
Interest received
238
236
255
255
Analysis of Expenditure
Pre4chool runnlng costs
2025
2024
Staff costs
Pensions
Employer's Nl
Consumables and snacks
Food vouchers
Equipment expensed
150,586
4,539
6,414
10,966
134,045
3,883
2,982
8,029
310
172.815
782
149.721
Sales & training
2025
2024
Unifomi purchases including staff, adjusted for stock
Staff training and DBS
779
2.736
3,515
584
1,539
2,123

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS (CONT'D)
for the year ended 31 August 2025
Fundralslng
2025
2024
Fundraising costs
Event costs
670
670
140
140
Premlses costs
2025
2024
Rent and rates
SeNice charges
Light and heat
Repairs and maintenance
Cleaning
Garden maintenance
12.642
1,163
1,657
3,061
2,507
91
21,121
10,553
1,493
2,411
2,637
2,450
224
19,768
Admlnlstratlve expenses
2025
2024
Administrative staff costs
Advertising
Telephone and internet
Postsge and stationery
Subscriptions
Insurance
Computer 8xpenses
Bank charges
Depreciation
Bad debts
Sundry expenses
Independent examinerfs fee
6,550
982
1,053
252
536
2,192
1,060
274
2,525
6,144
1,025
297
741
1,971
539
222
2,063
{149)
850
16,471
133
650
13,785
10

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS (CONT'D)
for tho year ended 31 August 2025
10.
Staff costs
2025
2024
Salaries and wages
s￿la1 securty costs
Pension costs (defined contribution scheme)
other employee benefts
Total staff costs
159.533
6,414
4,539
142.554
2,982
3,883
170,486
149.419
No employees received employee benefrts (excluding empbyer pension costs) for the reporting period of
more than £60,000.
Tot81 remuneration of £49,503 (2024.. £45,537) was paid to key management personnel for their services
to the charity. Key management personnel includes trustees and senior management. For specrfic
amounts paid to trustees, refer to Note 16.
11.
Average hoad count
During the year the average number of employees was as follows..
2025
2024
Charrtable activities
Governance
other
10
10
12.
Tanglble flxed assets
Flxtures &
Fittings
Computer
Equipment
Total
Cost
At 1 September 2024
Additions
Disposals
At 31 August 2025
21,204
3,047
1,266
22,470
3,047
24,251
1,266
25.517
Depreciation
At 1 September 2024
Charge for the year
On disposals
At 31 August 2025
14,478
2,208
211
317
14,689
2,525
16,686
528
17,214
Net book value
At 31 August 2025
At 31 August 2024
7,565
6,726
738
1,055
8,303
7,781
11

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS ICONT'D)
for Ihe year ended 31 August 2025
13.
Stocks
2025
2024
Charitable 8Ctwities."
Opening
Added in period
Expensed in period
Impaired
Closing
1,059
779
(1.050)
605
584
(130)
788
1.059
All stock held is for resale.
14.
Debtorn
2025
2024
Trade debtors
Prepayments and accrued income
Other debtors
1,450
2,448
1,450
Amount8 due after more than one year included above
16.
Credltors
2026
2024
Trade creditors
Taxalion and social securty
Accruals and deferred income
Other creditors
1,269
1,443
873
3,585
921
1,842
838
3,601
12

Padnell Pre-school
NOTES TO THE FINANCIAL STATEMENTS {CONT'D)
for the year gnd8d 31 August 2025
16.
Trustees and related partles
During the year D Kingsbury received remuneration of £6,550 (2024.. £6,144) as an employee of the charity,
not for serving as a trustee. such payments are pem)itted by the chartys governing d¢xument.
No trustees have incurred expenses for fulfilling their duties that have been reimbursed by the charty.
There have been no related paty transactions in the current or prior reporting peri¢xls.
17.
Movement in funds
At 31 August Incoming
2024
resources
Resources
expended
Transfers At 31 August
2025
Unrestricted funds
General fund
79.040
79,040
215,211
215,211
210.825
210.625
279
279
83,347
83.347
Restricted funds
Early Years Pupil Premium
Disabilty Access Funding
2,682
910
3,592
{3,057}
910
3,967
279
96
279
Total lunds
79,136
218,803
214,592
83,347
At 31 August Incomlng
Resour¢
2023
resources expended
Transfer8 At 31 August
2024
Unrestricted funds
General fund
55,904
55,904
206,315
2C6,315
183,020
183,020
159
159
79,040
79,040
Restricted funds '
Early Years Pupil Premium
Disabilty Access Funding
634
1,820
2,454
(538>
1.979
2,517
96
159
159
96
Total funds
55.904
208,769
185,537
79,136
l. Early Years Pupil Premium (EYPP) funding provides the charty extra funding to support children in achieving
the best earfy years outcomes. Disability Access Funding (DAF) is money that childcare providers can use to support
children with disabiliti'es or Special edu¢ats"onal needs. These funds are ringfenwd for spending in 8¢cordance with
these purposes.
13