Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** **ACCOUNTS** ## **YEAR ENDED 31 AUGUST 2025** **Registered Charity Number 1173714** Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** |**CONTENTS**|**PAGE**| |---|---| |Legal and administrative information|**2**| |Trustees’ report|**4**| |Independent Examiner’s report|**7**| |Statement of financial activities|**8**| |Balance sheet|**9**| |Notes to the accounts|**10**| -1- Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **YEAR ENDED 31 AUGUST 2025** |**Full Name:**|St George Pre-School CIO|St George Pre-School CIO| |---|---|---| |**Registered Charity Number**|1173714|| |**Address:**|Netham House|| ||Derby Street off Blackswarth Road|| ||Redfield|| ||Bristol|| ||BS5 8AP|| |**Trustees:**|Joan Crossnan|Chair| ||Jenny Knight|| ||Rhiannon Harrison|Treasurer| ||Rosanna Upright|Secretary| |||appointed Nov 2024| ||Antela Tzafai|| ||Amanda Blake|resigned Nov 2024| ||Hannah Chilton|resigned Nov 2024| |**Independent Examiner:**|Joanne Trowbridge MAAT|| ||Bristol Community Accountants CIC|| ||The Park,|| ||Daventry Road,|| ||Knowle|| ||Bristol BS4 1DQ|| |**Bankers:**|Lloyds Bank|| ||25 Gresham Street|| ||London|| ||EC2V 7HN|| - 2 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **TRUSTEES’ REPORT** ## **YEAR ENDED 31 AUGUST 2025** The Trustees present their report and accounts for the year ended 31[st] August 2025. ## **Structure, Governance and Management** St George Pre-School CIO is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed according to its constitution, adopted 7[th] July 2017. The charity was established to take forward the work of the unincorporated charity, St George PreSchool Group, charity number 1027329. ## **Members and Trustees** The members of the CIO shall be its charity trustees for the time being. The only persons eligible to be members of the CIO are its charity trustees. Membership of the CIO cannot be transferred to anyone else. Any member and charity trustee who ceases to be a charity trustee automatically ceases to be a member of the CIO. It is the duty of each member of the CIO to exercise his or her powers as a member of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. The affairs of the charity are managed on a day to day basis by the trustees, who may exercise all the powers of the CIO. The trustees who served during the year are shown on page 2 of this report. ## **Appointment of Trustees** Trustees may be appointed by the existing trustees or by the decision of the members at the annual general meeting. In accordance with the terms of the constitution, there must be at least two charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. ## **Public benefit** In shaping the objectives for the year and planning activities, the trustees have considered the Charity commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. - 3 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **TRUSTEES’ REPORT** ## **YEAR ENDED 31 AUGUST 2025** ## **STRUCTURE** We are members of the Early Years Learning alliance and BAND (Bristol and Neighbourhood Daycare) and receive guidance from them on policy & legislation changes. We also received visits from the LEA teaching advisory service. We are Ofsted registered and currently have a grading of good. We hold an annual AGM where trustees, who are parents of current or past children are elected. ## **AIMS** As a charity we aim to support, where we can, families with young children under 5 in our local community by offering affordable paid and funded Early Years Education places for children aged from 2 – 3 years (Acorns room) and 3 – 5 years (Oaks room). ## **OBJECTIVES** To advance education of children between the age of 2 and under statutory school age, by such charitable means as the charity trustees shall decide by provision of preschool play, education facilities and activities and through encouragement and support of parents. ## **ACTIVITIES and PERFORMANCE** We continue to offer high quality early years education for the local community to access. We have continued to be committed to providing our low-income families with ‘free’ hot lunches and additional sessions if required. We continue to hold a GOLD Bristol Eating better and a Sugar Smart award, together with a level 5 food rating. We continue to ask parents for donations of fruit & carbs to enable us to provide ‘free’ healthy snacks for all children. We have continued to support our apprentice who has passed her level 3 course work but is still to pass her maths functional skills. We will continue to support her until this is achieved. This year we have continued to commit to the staff’s continual professional development. We had a ‘teacher talk training’ delivered by 2 speech and language therapists. The deputy manager had completed an Early Years Professional development program. 1 member of staff has attended a fire safety training course and is responsible for ensuring that all staff & children are confident in our evacuation procedures. As a whole team we have looked at the preschool pedagogy/ ethos / curriculum. We wanted all staff have an input into the curriculum ensuring that we offer the best possible outcomes for all children attending. Continuing with one SENCo completing her training we had spent time ensuring that our environment is inclusive for all children. We have created areas for children to be able to regulate, we have embedded ‘bucket time’ and ‘workstation time’ into our daily routine. These changes have enabled all children with Send, language delay etc. the opportunity to thrive. We have had a few staff changes and have been fortunate enough to employ 3 new members of staff. They are all experienced level 3 practitioners and have enhanced our established team. We continue to offer enhanced adult / child ratio’s - 4 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **TRUSTEES’ REPORT** ## **YEAR ENDED 31 AUGUST 2025** ## **FUTURE PLANS** We will continue to build on increasing the number of the trustees to ensure we are supporting the aims of the charity. We will look into updating our kitchen area. ## **Reserves Policy and Risk Management** The trustees recognise the need to keep reserves at a level which will give the organisation stability to enable it to continue to operate in the future. In February 2024 we invested £250,000 into a 95-day high interest savings account. This has continued to be reinvested, and the interest generated is used to provide the children with additional resources that the government funding does not cover i.e. waterproof clothing for outside. Currently £100,000 is reserved for costs which may be incurred if the charity was required to close such as redundancy and associated costs. £250,000 is being reserved towards the maintenance of Netham House and the cost of purchasing either Netham House or seeking alternative provision due to not having a long-term lease with Bristol City Council. The actual level of reserves will be periodically reviewed and adjusted based on circumstances at that time. The trustees have now examined the major risks to which the charity is exposed, and systems will continue to be established to mitigate those risks. ## **Going concern** The trustees have reviewed the circumstances of the charity and consider that adequate resources continue to be available to fund the activities of the organisation for the foreseeable future. The trustees are therefore of the view that the charity is a going concern. ## **Related parties** The trustees consider that there are no related parties to the charity ## **Independent Examiners** Joanne Trowbridge was appointed as the charity’s independent examiner during the year. Joanne Trowbridge is a member the Association of Accounting Technicians. ## **Trustees’ responsibilities in relation to the financial statements** The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity at any time and enable the trustees to prepare financial statements for each financial year. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. - 5 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **TRUSTEES’ REPORT** ## **YEAR ENDED 31 AUGUST 2025** The trustees declare that they have approved the trustees’ report above. Approved by the trustees and signed on their behalf by: **----- Start of picture text -----**
……………………………………………. | [Noow] Signed by: [(vossman] Joan Crossnan
ED2FEDE6F 220457...
Rhiannon Harrison
…………………………………………….
(EZ by:
**----- End of picture text -----**
**----- Start of picture text -----**
11/11/2025
Date………………………………………
**----- End of picture text -----**
- 6 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL CIO** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES** ## **YEAR ENDED 31 AUGUST 2025** ## **Independent examiner’s report to the trustees of St George Pre-School CIO** I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31[st] August 2025. ## **Responsibilities and basis of report** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Accounting Technicians, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the accounts do not accord with those records; or - the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ……………………………………………………. (Donations and legacies
**3**
Charitable activities
**4**
Investment income
**5**
**Total**
**Expenditure on:**
Charitable activities
**6**
Other
**7**
**Total**
**Net incoming resources**
**Total funds at 31 August 2024**
**Total funds at 31 August 2025**
**16**|**Unrestricted**
**Funds**
**£**
14,043
277,876
9,385|**Restricted**
**Funds**
**£**
-
-
-|**Total Funds**
**2025**
**£**
14,043
277,876
9,385|**Total Funds**
**2024**
**£**
7,116
262,429
6,619| |---|---|---|---|---| ||301,304|-|301,304|276,164| ||316,004
3,043|-
-|316,004
3,043|307,161
1,324| ||319,047|-|319,047|308,485| ||(17,743)
501,749|-
-|(17,743)
501,749|(32,321)
534,070| ||484,006|-|484,006|501,749| All of the activities of the charity are classed as continuing ## **The notes on pages 10 to 14 form part of these financial statements** As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. *Details of the allocation of 2024 total funds between unrestricted and restricted are shown in note 18 - 8 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **BALANCE SHEET** ## **YEAR ENDED 31 AUGUST 2025** ||||**2025**||**2024**| |---|---|---|---|---|---| ||**Note**|**£**||**£**|**£**| |**Tangible fixed assets**|**9**|||102,243|115,804| |**Current assets**|||||| |Debtors|**14**|-|||14| |Cash at bank||404,566|||405,970| |Cash in hand||150|||150| |||404,716|||406,134| |**Creditors : Amounts falling**|||||| |**due within one year**|**15**|(22,953)|||(20,189)| |Net current assets or liabilities||||381,763|385,945| |**Total net assets or liabilities**||||484,006|501,749| |**The funds of the charity**|||||| |Unrestricted funds|**16**|484,006|||501,749| |||||484,006|501,749| 11/11/2025 These financial statements were approved by the trustees on ……........................…………………………. and are signed on their behalf by: ………………...........…………………. ………………...........…………………. Joan Crossnan Rhiannon Harrison **The notes on pages 10 to 14 form part of these financial statements** - 9 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** ## **1 Basis of Preparation** - a) These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2019) - (Charities SORP(FRS 102)) and with the Charities Act 2011. - b) Based on the level of reserves held at 31 August 2025, the trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern and therefore the financial statements have been prepared on the going concern basis - c) The charity constitutes a public benefit entity as defined by FRS 102. ## **2 Accounting policies** - a) Income from donations is included in income when these are receivable, except as follows: i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods. ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met. - b) Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAT which cannot be recovered. - c) Most expenditure is directly attributable to specific activities, and has been included in those cost categories. Support cost have been allocated 100% towards the charitable activities of the charity. - d) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. - e) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. - f) Individual assets are capitalised at cost. Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows: Leasehold improvements over 10 years straight line - g) The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO. - h) The CIO only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and susequently measured at their settlement value. - i) The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the period. - 10 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** ## **Income and Endowments From:** ## **3 Donations and legacies** |**Donations and legacies**||||| |---|---|---|---|---| |SEN Funding
Equipment
Training|**Unrestricted**
**Funds**
**£**
12,979
688
376|**Restricted**
**Funds**
**£**
-
-
-|**Total Funds**
**2025**
**£**
12,979
688
376|**Total Funds**
**2024**
**£**
7,116
-
-| ||14,043|-|14,043|7,116| _Donations and legacies prior year - all unrestricted_ ## **4 Charitable Activities** |Fees
Lunches
Milk|**Unrestricted**
**Funds**
**£**
261,881
15,722
273|**Restricted**
**Funds**
**£**
-
-
-|**Total Funds**
**2025**
**£**
261,881
15,722
273|**Total Funds**
**2024**
**£**
249,564
12,643
222| |---|---|---|---|---| ||277,876|-|277,876|262,429| _Charitable activities prior year - all unrestricted_ ## **5 Investment Income** |Bank Interest|**Unrestricted**
**Funds**
**£**
9,385|**Restricted**
**Funds**
**£**
-|**Total Funds**
**2025**
**£**
9,385|**Total Funds**
**2024**
**£**
6,619| |---|---|---|---|---| ||9,385|-|9,385|6,619| _Investment income prior year - all unrestricted_ The charity receives government funding. The total value of such funding in the period ending 31 August 2025 was £251,802 (2024: £240,008). There are no unfulfilled conditions or contingencies attaching to these grants in the year ended 31 August 2025. - 11 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** ## **Expenditure On:** ## **6 Charitable activities** |Salaries and agency staff
Ofsted and DBS
Milk
Equipment
Telephone
Refreshments and cooking
Stationery and postage
Miscellaneous
Training
Bank charges
Maintenance
Housekeeping
Administration
Payroll
Depreciation|**Unrestricted**
**Funds**
**£**
261,614
244
273
2,707
1,440
15,099
589
490
575
98
102
2,178
16,418
616
13,561|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**2025**
**£**
261,614
244
273
2,707
1,440
15,099
589
490
575
98
102
2,178
16,418
616
13,561|**Total Funds**
**2024**
**£**
247,551
67
223
3,425
1,452
12,805
330
1,348
571
86
5,595
2,091
17,450
606
13,561| |---|---|---|---|---| ||316,004|-|316,004|307,161| _Charitable activities prior year - all unrestricted_ ## **7 Other** |**Other**||||| |---|---|---|---|---| |Insurance and PLA membership
Accounts production and tax return
Independent examination|**Unrestricted**
**Funds**
**£**
1,585
782
676|**Restricted**
**Funds**
**£**
-
-
-|**Total Funds**
**2025**
**£**
1,585
782
676|**Total Funds**
**2024**
**£**
-
709
615| ||3,043|-|3,043|1,324| _Other prior year - all unrestricted_ ## **8 Net incoming resources for the year** **This is stated after charging:** Independent Examiners Fee **----- Start of picture text -----**
2025 2024
£ £
676 615
**----- End of picture text -----**
- 12 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** ## **9 Tangible fixed assets** |**Cost**
At 1 September 2024
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the period
At 31 August 2025
**Net book value**
At 31 August 2025
**10**
**Staff costs and numbers**
The aggregate payroll costs were:
Wages and salaries
Social security costs
Less
Employers allowance
Pensions costs|**Leasehold**
**Improvements**
£
135,615
135,615
19,811
13,561
33,372
102,243
**2025**
**£**
248,634
19,020
(10,500)
4,460
261,614|**Leasehold**
**Improvements**
£
135,615
135,615
19,811
13,561
33,372
102,243
**2025**
**£**
248,634
19,020
(10,500)
4,460
261,614|**Total**
**£**
135,615| |---|---|---|---| ||135,615||135,615| ||19,811
13,561||19,811
13,561| ||33,372||33,372| ||102,243||102,243| ||||**2024**
**£**
239,506
8,753
(5,000)
4,292| |||261,614|247,551| No employee received emoluments of more than £60,000. The average monthly head count was 14 staff (2024: 13) The key management personnel of the charity comprise the board of trustees, The Manager, Deputy manager and Lead teacher. The total employee benefits of key management personnel, during the year, total £110,088 (2024: £110,238). ## **11 Taxation** The charity is exempt from corporation tax on its charitable activities. ## **12 Trustee expenses** The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil) neither were they reimbursed expenses during the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil). ## **13 Related Party Transactions** There were no other related party transactions during the year (2024: £Nil) ## **14 Debtors** |**Debtors**||||| |---|---|---|---|---| ||**2025**||**2024**|| ||**£**||**£**|| |Trade debtors||-||14| |||-||14| - 13 - Docusign Envelope ID: 91936B83-4959-4F10-A42A-11F7B9387776 ## **ST GEORGE PRE-SCHOOL GROUP CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 AUGUST 2025** ## **15 Creditors: amounts falling due within one year** |Trade creditors
Fees paid in advance
Accruals|**2025**
**£**
-
21,495
1,458|**2024**
**£**
1,429
17,436
1,324| |---|---|---| ||22,953|20,189| ## **16 Movement in funds** |**Unrestricted funds**
General funds
**Total funds**|**At**
**01-Sep**
**2024**
**£**
501,749|**Incoming**
**resources**
**£**
301,304|**Outgoing**
**resources**
**£**
(319,047)|**Transfers**
**£**
-|**At**
**31-Aug**
**2025**
**£**
484,006| |---|---|---|---|---|---| ||501,749|301,304|(319,047)|-|484,006| ## **17 Analysis of net assets between funds** |Tangible Fixed Assets
Cash at Bank and in Hand
Other Net Current Assets/(Liabilities)
Total|**General**
**Fund**
**£**
102,243
404,716
(22,953)|**Restricted**
**Funds**
**£**
-
-
-|**Total**
**Funds**
**£**
102,243
404,716
(22,953)| |---|---|---|---| ||484,006|-|484,006| ## **18 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP** |**Income and Endowments from:**
Donations and Legacies
Charitable Activities
Investment Income
**Total**
**Expenditure On:**
Charitable activities
Other
**Total resources expended**
**Net income/(expenditure)**
Total funds brought forward
**Total funds Carried Forward**|**Unrestricted**
**Funds**
**£**
7,116
262,429
6,619|**Restricted**
**Funds**
**£**
-
-
-|**Total Funds**
**2024**
**£**
7,116
262,429
6,619| |---|---|---|---| ||276,164||276,164| ||307,161
1,324|-|307,161
1,324| ||308,485|-|308,485| ||(32,321)
534,070|-
-|(32,321)
534,070| ||501,749|-|501,749| - 14 -