Charlty rngistratlon numbèr 1168815 (England and Wales) WOODLAND CORNER ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
WOODLAND CORNER LEGALAND ADMINISTRATIVE INFORMATION Trustses Mr R Griffiths Ms A Moreaux Ms J Brown Ms L Martin Ms L Griffiths Ms C Leeks Ms G Woollard (Appointed 18 September 20241 Senior managament Cheryl Leeks Emma Guy Nicola Peachey Abbie Hull Manager Deputy Manager Business Manag8r Pre-school Leader Charlty reglstratlon England and Wales 1168815 Princlpal address Nayland Primary School Bear Street Nayland Colchester Essex United Kingdom C06 4HY Indepond•nt •xarnlner Louise Hallsworth FCA Affinia (Orpington) Chartered Accounlant5 Lynwood House, Crofton Road Orpington BR6 8QE
WOODLAND CORNER CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Statement of financ181 position Notes to the financial staternents 7-12
WOODLAND CORNER TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The trustees present their report and financial statements for the year ended 31 August 2025. The financial statements have been prepared in accordance with the awounting policies set out in note 1 to the financial staternenls and comply with the charity's governing document, the Charities Act 2011 and 'Accounting and Reporting by Chari118s'. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS 102)" las amended for accounting periods commencing from l January 20161. Objectives and activities The aims of the Pre-school are to enhance the development and education of children primarily under the statutory school age by.. Offering appropriate play. education and care facilities, extended hours sessions and family learning opportunitl88. b. Ensuring that Woodland Corner offers opportuniti8s for all children whatever their ffjc8, culture, religion, means or abillty. Encouraging parentslcarers to be involved in the 8CtEvities at the setting. Encouraging the study of the needs of children in the setting and their families 8nd promoting public interest in and r8cognition of such needs in the local areas. Instigating and adhering to and furthering the aims and objects of the Earty Years Alliance. Woodland Corner continues to be run by a committee of trustees who work hard to ensure that the facility keeps its enthusiastic and dedicated staff, maintains ils excellent relationship with Nayland Primary School lin whose grounds we are situated) 8nd essentially continues lo be able to provide a safe, happy and nurturing environment for local children. Public benellt Throughout the year the trustees have pald due regard to the guidanc8 issued by the Charity Commission on public benefit. In maintaining and developing our services we dernonstrate our consideration of the public benefit by responding to the needs of local parentslcarers and children through the provision of high-quality, affordable care and leaming opportunities within the local community. We continue to offer.. Morning and aftemoon pre-school sessions for children aged 24 years. Daily lunch club sessions for children aged 2-4 years. Breakfast and After-school club for children aged 2-11 years. Holiday club sessions according to demand. Woodland Comer works closely with Sufft)Ik County Council and the Eady Years Alliance to gain guidance and support on how best to meet the public benefit in our local ar8a through provision of a sustainable and high-quality servi. The trustees havo paid due regard to guidance issued by the Charity Commission in deciding what activities the charity Should undertake.
WOODLAND CORNER TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Achlevement5 and performance Significant activities and achievements against objectives Throughout the year 131 September 2024 to 3131 August 2025, Woodland Corner ha5 continued lo offer high-quality, affordable childcare for the local commurbity. Overall. during this financial year both pre-school and extended school session5 have been exceptionally well attended and many sessions being at full capacity. This is a pattem we see continuing into the 2025126 academiG year. We have further developed and invested in the setting.. with an extension to the side of the building. The extension has provided additional space for Ihe children and ha5 enabled the creation of a dedicated staff room and nappy changing area for our younger children. The overall increase in space will allow far 4 more incremental spaces for all sessions, subject to Ofsted confirmalk)n, and will be particularly beneficial for the exlended school sessions where we will be able to increase numbers from 24 to 28. New flooring and carpets have been laid Ihroughoul. and provisions have been made during this process to enable further air conditioning to be added at a later date. We have run a series of successful fundraising events and actively engage with th& local community. Events have included an Inflatable Fun Day and a Cake Sale in the village. selling Hot Chocolate and Cookies at the local Bonfire Night event and a child's focused sponsored Toddle Waddle walk which all the children within the setting took part in. Flnancial revlow We remain in a strong financlal position and consideration shall conb'nue to be given to ways in which we can use any additional funds to develop the setting further. However going forward we need to be mindful of increased costs. Reserves policy As a committee we regularly review our financial situation to ensure that we are operaling with sufficient reserves, with on going support from Suffolk County Council. It Is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a minimum level equivalent lo six months, expenditure. The truste8s consider that reserves at this level will ensure that, in the event of a si9nificant drop in funding, they will be able to conlinue the charity's current activities while consideration is given to the ways in which additional funds maybe raised. A copy of our Reserves Policy can be obtained from the Woodland Corner management team. The18vel of reseN8s has been maintained throughout the period. Structure, govornance and managemont The Charity's governing document is the Pre-school Learning Alliance Model CIO Canstitulion for Child¢are Providers 2013 version adopted on 12 July 2016. The Charity is a Pre-school managed by a committee ofvolunteer trustees. The trustees who served during the period and up to the date of signature of the financial statements were: Ms C Copeland (Resigned 28 August 20251 Ms L Engleheart (Resigned 18 September 2024) Ms L Volk (Resigned 16 September 20241 Mr R Griffiths Ms A Moreaux Ms J Brown Ms L Martin Ms L Griffiths Ms C Leeks Ms G Woollard (Appointed 18 September 20241
WOODLAND CORNER TrUSTEES' REpoKr (coKnNUED) Informalion of matters of concem to employees Is en through Inforynation bulletlns and repots which seek to a¢hieve 8 0)mmI a¥fare on the part of all employogs of the ftnanoal and economic fa<*ors affe19 the Chdr ia.02.ZoZ6
WOODLAND CORNER INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOODLAND CORNER We report to the trustees on our examination of the financial statements of Woodland Corner (the charity) for the year ended 31 August 2025. Responsiblllties and basls of report As the trustees of the charity you ar8 responsible for the pParatIOn of the financial statements in accordance with the quIrernents of Ihe Charities Act 2Q11. We report in respecl of our examination of the charily's financial statements carried out under section 145 of the 2011 Act. In carrying out our examination we have followed all th8 applicab18 Directions given by the Charity Commission under section 14515)Ib) of the 2011 Act. Independent examlner's staternont Your attention is drawn to the lacl that the charity has prepared financi81 statements in accordance with Accounting and Reporing by Charities preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK and R8public of Ireland IFRS 102} in preference to the Accounting and Reporting by Ch8rities.' Slatemenl of Recommended Pra¢lic8 issued on 1 April 2013 which is referred to in the extanl gUlationS but has now been withdrawn. We understand that this ttas been done in order for flnancial statements to provlde a truè and fair view in accordan with Generally Accepted Accounting Pr8¢1ice effeclive for reporting periods beginning on or after 1 January 2015. We have completed our ex8minatlon. We confirm that no matters have come to our attention in connectlon with the examination giving us cause to beligve that in any material respect- accounting records were not kept in resped of the charity as required by section 130 of the Charities Act 2011. the financial statements do not accord with those cOrds. or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independonl examination. We h8ve no conGems and have come across no other matters in connection wilh the examlnation lo which attention should be drawn in thi5 report in order lo enable a proper understanding of Ihe financial slatemenls to be reached. Loulse Hallsworth FCA Affinia {Orpington) Chartered Accountanls Lynwood House, Crofton Road Orpington BR6 8QE Date.. 13 February 2026
WOODLAND CORNER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted funds 2025 Unrestricted funds 2024 Not08 Incomo from: Grant income Valunta inco Fundraising other income 136,600 90,111 2,467 103,050 2,896 127,828 Total Income Expenditurn on: Charit activities Chafltable activikn'es 242,117 220,835 205,148 194,799 Total expendltur• 205,148 194.799 Net Incom• and fflovomont in funds 36,969 26,036 Reconclliation of funds: Fund balances at 1 September 2024 167,739 141,703 Fund balancos at 31 August 2025 204,708 167,739 The statement of financial activllies includes all gains and losses recognised in the year. All income and 8xpenditure derive from ¢ontinuin9 activities.
WOODLAND CORNER ASAT31AUGUST2025 11 11.768 ash at bank har 163.110 151.921 on• yaar {1.950) (1,9501 161,160 15&971 167.739 13 21J4.T08 167.739 167. For Iho year •nded 31 AW 2025. the ¢*wltywas enllll8d to exarwn fmm awllt undorsectlan 144P) oftho Ig.ol.to Brown
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies Charity Information Woodland Corner is a charity registered with The Regulator for Charities in England and Wales. The principal place of business is Nayland Primary School. Bear Street. Nayland, Colchester. Essex, C06 4HY. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charlties.. Stat8ment of Recommended Practice applicabk to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Bénefit Eritity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP far charities applying FRS 102 Update Bulletin 1 not to prepare a Slatemenl of Cash Flows. The financial slaternents are prepared in sterling, which is the functional currency cf the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the histor6cal cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial st8tem8nts, the trustees have a reasonable expectation that the charity has adequate ffjsources to continue in operational existence for at least 12 months from the date of signing these accounts. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are availabl8 for use al the discretion of the tnjstees in furtherance of their charitable objectives. 1.4 Incoming r080urces Income is recognised when the charity is legally entitled to it after any p8rformance conditions have been mat, the amounts can be measured reliably, and it is probable that income will be received. Income represents amounts receivable from fundraising, grants and donations and olher sundry itsms. Grants are accounted for when the conditions are met of the grant. ExPdItUre is recognised once there is a legal or construdive obligation to transfer economic benefit to a third party, it is probable thal a transfer of economic benerils will be required in selllemenl, and the amount of the obligation can be measured reliably. Expenditure is classif1ed by activlty. The costs of e8¢h activity are made up of the total of direci costs and shared costs, including support costs involved in undertaking each activity. Direct costs allributable to a single activity are allocated directly to that activity- Shared costs which contribute to more than one adivity and support Costs which are not attributable to a single activity are apportioned between those aclivilies on a basis consistent with the use of resources. Central staff costs are allocated on Ihe basis of lime spent, and depreciation charges are allocatod on the portion of the asset's use.
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies Icontlnued) 1.5 Tangible flxed assets Tangible fixed assels are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less ltteir residual values over Iheir useful lives on th8 following bases.. Propety Plant and equipment 25 years straight line 20Vo reducing balance 1.6 Impairment of fixed assets At each reporting 8nd dale, the charity reviews the carrying amounts of its tangible assets lo determine whether there is any indication that those assets have suffered an impairmenl loss. If any such indication exists, the recoverab18 arnount of the asset is estimated in order io determine th8 extent of the impairment loss (if any). 1.7 Cash and cash equlvalent8 Cash and cash equivalents include cash in hand, deposit5 held at call with banks, other short-term liquid Investment5 Wlth original rnaturilies of three months Of less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Flnanclal instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial Instfuments are recognis8d In the charivs balance sheet when the charity becomes paty to the contractual provisions of the instrument. Financial assets and liabilitl8s are offs8t, with the net amounts presenled in the fin8n¢ial stalemenls, when ther8 is a legally 8nforceable right lo set off the recognised amounts and there is an intention to settle on net basis or to realise the asset and settle the Ilabilily simultaneously. 1.9 Employee benoflts The Cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. 1.10 Retirement beneflt8 Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Crltlcal accountSng estimates and Judgements In the applicalion of the charity's accounling policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilib'es that are not readily apparent from other sources. The eslimates and associated assumptions are based on histrjrical experience and other factors that are considered to be relevant. Aclual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis_ Revisions lo accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Income from grant Income Unrestrictod funds 2025 Unrestrlcted fund5 2024 Grants 136,600 90.111 Voluntary Income Fundrolslng Oth•r Incom¢ 2025 2024 Charitsble Income 2,467 103,050 105,517 130,724 Expondlturo on charltable actlvltlos Charltablo activitle8 2025 Charltable aclivltlos 2024 Dlroct Costs staff costs Depreciation and impairment Staff Iraining Purchases 168,252 20 294 14,228 153,649 24 1,028 15,406 182.794 170,107 Shar• of 8UPPOrt and govornance co8ts1so• note 6) Support Govemance 18,688 3,666 20,844 3,848 205,148 194,799 Analysis by fund Unrestricted funds 205,148 194,799
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support costs allocated to activiti¢s 2025 2024 Bank charges Rates Insuran Light & heat Repair & maintenance Printing, postage & stationery Advertising Govemance costs 37 2.580 4,188 3,673 3.598 3,235 1,377 3,666 41 1,837 3,582 3,706 7,725 3,471 482 22.354 24,692 An•lysod b•tweon: Charitable activities 22.354 24.692 Not movement In funds 2025 2024 The net movement in funds is stated after ch8rgingl(creditingl= Fees payable for the independent examination of the charitys financial statements Depreciation of owned tangible fixed assets 3.666 20 3,848 24 Trustees One of th8 Trustees has been paid r8muneration or has ceIved other b8nefits from an employment with the Charity. The value of Trustees, remuneration and other b8nefits was as follows: C Leeks (Manager).. Remuneration £20,000 - £25,OIJO (2024.. £20,000 - £25,000) Employerfs pension contributions £0 - £5,000 {2024- £0 - £5,000) Employees The average monthly number of employees during the year was: 2025 Number 2024 Numbor 15 15 10-
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Employees (Contlnued) Employm•nt costs 2025 2024 Wages and 5alarles soal security costs Other pension costs 154,017 11,543 2,692 153,649 168,252 153.649 There wer8 no employees whose annual remuneration was more than £60,000. Remunoratlon of key rnanagomont personnel The remuneration of key management personnel was as follows.. 2025 2024 Aggregate remuneration 82.258 10 Taxation The charity is exempt from t8xation on its activities because all its income is applied for charitable purposes. 11 Tangible flxed as8•t8 Proporty Plant •nd •qulpment Total Cost At 1 September 2024 Additions 11,670 31.800 2,777 14,447 31,800 At 31 August 2025 43.470 2.777 46,247 Dopr•¢iatlon and Imp•irmont At 1 September 2024 Depreciation charged in th8 year 2.679 20 2.679 20 At 31 August 2025 2,699 2,699 Carrylng amount At 31 August 2025 43,470 78 43,548 At 31 Augusl 2024 11.670 98 11,768 The property owned by Woodland Comer is on a 25 year ground rent lease with Suffolk County Council, thi5 runs to September 2043. 11
WOODLAND CORNER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Creditors- amounts falling due wSthin ona yoar 2025 2024 Accnjals and deferred incom8 1,950 1,950 13 Unrestricted funds The unrestricted funds of the chanty comprise the unexpended balances of donations and grants which are not sublect to specific conditions by donors and grantors as to how they m8y be used. These Include designated funds which have be8n set aside out of unrestricted funds by the trustees for specific purposes. Atl September 2024 Incoming r•source8 Rosourc88 At 31 August èxpended 2025 Genèral funds 167,739 242,117 (205,1481 204.708 Previou8 year: Incoming resources Resources At 31 AuguBt expended 2024 September 2023 General funds 141,703 220,835 1194,799) 167,739 14 Related party tran$actlons There were no disclosable rel8t8d party transactions during the year (2024 - none). 12-