# **Titchmarsh Pre-school fnancial year end summary for the year ending 31[st] August 2025** 

The pre-school has made a profit of £11,683 this year which is slightly lower than the previous year which was just over £15k. 

## **Income** 

The main differences for the income this year is that less fees were received, however the funding increased by nearly £40k due to the government providing 30 hours childcare and special needs provisions. Lunches remained the same with around £4.5k received and a £950 donation from the Fete committee. Nearly £900 was received in bank interest and £2,805 received from other income which is made up of the following: 

West lodge - £467 (£74.50 profit) Wreath night - £1015 (£445 profit) Uniform sales - £66 Xmas Pots - £202.50 Xmas Raffle - £85 Easter egg hunt - £609 Cake sale - £68.40 Forest School trip - £292 (£68 loss) 

## **Expenses** 

Expenses are up this year from £119k to £144k with the main increase being the salaries and the increase in national living wage and payrises. Staff training has increased by approximately £500, however advertising/website costs have decreased by a similar amount. 

Direct expenses has increased by around £900, this category includes food, consumables such as cleaning/wipes etc and equipment/resources. There is no significant change in any of the other overheads. 

## **Overall** 

The bank balance remains very healthy at £57963 in the main account and £62055 in the savings account. Last years figures were £47794 in the main and £61174 in the savings account. 



## **Profit and Loss** 

## **Titchmarsh Pre-School** 

## **For the year ended 31 August 2025** 

|**Profit and Loss**<br>**Titchmarsh Pre-School**<br>**For the year ended 31 August 2025**||
|---|---|
||**2025**|
|**Turnover**||
|Fees|14,175.50|
|Interest Income|881.87|
|Other Revenue|2,804.90|
|**Total Turnover**|**17,862.27**|
|**Cost of Sales**||
|Direct Expenses|5,257.56|
|Trip costs|851.50|
|**Total Cost of Sales**|**6,109.06**|
|**Gross Profit**|**11,753.21**|
|**Administrative Costs**||
|Advertising & Marketing|19.00|
|Audit & Accountancy fees|720.00|
|Bank Fees|32.00|
|Consulting|1,157.00|
|Eden wreath costs|570.00|
|General Expenses|359.19|
|Insurance|1,131.44|
|IT Software and Consumables|450.98|
|Pensions Costs|1,694.25|
|Postage, Freight & Courier|90.00|
|Printing & Stationery|189.33|
|Rent|9,510.00|
|Salaries|126,683.49|
|Staff Training|529.70|
|Subscriptions|265.00|
|Telephone & Internet|1,140.80|
|**Total Administrative Costs**|**144,542.18**|
|**Operating Profit**|**(132,788.97)**|
|**Other Income**||
|Donations|950.00|
|Funding|139,070.29|
|Lunches|4,452.50|
|**Total Other Income**|**144,472.79**|
|**Profit on Ordinary Activities Before Taxation**|**11,683.82**|
|**Profit after Taxation**|**11,683.82**|



Profit and Loss Titchmarsh Pre-School 

10 Sept 2025 Page 1 of 1 



**Independent Examiner's Report** 

## **to the** 

## **Members of Friends of Titchmarsh Pre-School** 

I report on the accounts for the year ended 31[st] August 2025, which are set out on the attached pages. 

## **Respective responsibilities of the Trustees and Independent Examiner** 

As trustees of the charity, the members of Titchmarsh Pre-School are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2022 (the 2022 Act) and that an independent examination is needed. 

It is my responsibility to 

- examine the accounts under section 145 of the 2022 Act; 

- follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2022 Act; and 

- state whether particular matters have come to my attention. 

## **Basis of Independent Examiner's Statement** 

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 presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. 

## **Independent Examiner's Statement** 

In connection with my examination, no matters have come to my attention 

1. which give me reasonable cause to believe that in any material respect the requirements 

- to keep accounting records in accordance with s.130 of the 2022 Act; or 

- to prepare accounts which accord with these accounting records have not been met; or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Certified by: _H Rawlings_ 

Hannah Rawlings 

Nene Valley Accountancy Services Ltd 

9[th] September 2025