2025-08-31-accounts - St Giles Preschool

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St Giles Preschool (Registered charity, number 1174619) Financial statements for the year ended 31 August 2025

Page	Contents
2 - 3	Trustees’ annual report
4	Independent examiner’s report
5	Receipts & payments account
6	Statement of assets & liabilities
7	Notes to the accounts

St Giles Preschool Trustees’ annual report for the year ended 31 August 2025

Full name St Giles Preschool

Organisation type Charitable incorporated organisation

Registered charity number 1174619

Principal address

Lutterell Hall, Church Drive, West Bridgford, Nottingham, NG2 6AY

Trustees

Paul Wilson, Chair Maryna Bezdenezhnykh, Treasurer, from 17/06/25 Kirty Hickey Dr Rashmi Dahal, from 10/12/25 Jennifer Percival Hannah Jolly, until 15/07/25 Lesley Brown Sarah Raddon Jackson, until 27/05/25 Barnendu Pal, from 05/02/26 Jennifer Read, until 24/03/26

Independent examiner

Eva Stevens, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is operated under the rules of its CIO Foundation Constitution adopted 12 September 2017.

Trustees volunteer and the committee then votes to accept them on to the board. The majority of Trustees have had children attend St Giles Preschool. All Trustees are DBS checked and registered with Ofsted.

Objectives and activities

The charity works for the public benefit having as its objects the development and education of preschool children in particular by:

Promoting their care and safety;
Promoting their education and promoting parental involvement;
Promoting their health and wellbeing;
Providing services to support them and their families and carers whatever race, culture, religion, means or ability;
Providing services to individuals holding membership of the CIO.

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

Summary of the main activities undertaken for the public benefit

To provide affordable (not for profit) childcare at the heart of the local community.

St Giles Preschool

Summary of the main achievements during the period

Over the past year we have provided our childcare provision to over 35 children, aged between 2 and 5. Our numbers have increased since the previous year in line with the expansion of the government funding for 2 year olds.
Our provision has allowed 35 families, many of whom are working parents, to benefit from our flexible and affordable childcare in a small and independent setting.
Our setting has also offered flexible employment to 5 members of staff in the community.
Alongside our main activities, we focus on fundraising events and raising awareness in the local community.

Financial review

The expansion of funded childcare has resulted in increased attendance throughout the year, leading to higher income from funded sessions. Whilst operating costs have also increased (particularly staffing costs to cover the higher attendance and national minimum wage increases) the preschool has maintained a positive financial position and generated a small surplus for the year.

The Trustees have also continued to review internal processes and monitor expenditure carefully to support the preschool's long-term sustainability.

Financial risks

Our childcare numbers fluctuate greatly once the children are old enough to attend school – this poses a financial risk during the early months of the school term (September to November).
In addition, the majority of our costs are staff cost related, therefore the increase to national wage continues to be a risk to the setting.

The charity’s policy on reserves

As per our agreement as an educational setting, we must ensure we have a term's worth of reserves, to ensure we can we can continue trading to the end of the school term. The majority of this is staff related salary costs (including pension payments as required).

As such we aim to have at least 3 months’ worth of salary costs as our reserve.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Paul Wilson, Chair

Independent examiner’s report to the trustees of St Giles Preschool for the year ended 31 August 2025

I report to the trustees on my examination of the accounts of St Giles Preschool (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity 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

I have completed my examination. I confirm that no 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.

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.

Signed ____ Date _______ Eva Stevens BSc, CPFA Employee of Community Accounting Plus

St Giles Preschool Receipts & payments account for the year ended 31 August 2025

2024 £ Receipts 1950 Sundry grants & donations 49377 Funded sessions 25362 Non funded sessions 6904 Fundraising - Sundry receipts 83593 Total receipts Payments 42 Advertising 78 Bank charges 241 Entertaining 259 Equipment, repairs & renewals 853 Food & drink 211 Fundraising costs 641 Insurance 2244 Legal & professional 110 Office & general admin 308 Printing, postage & stationery 9149 Rent 333 Resources 105 Telephone 24 Training 48252 Wages, NI & pensions 62850 Total payments 20743 Net receipts/(payments) 14598 Cash funds at start of this period 35341 Cash funds at end of this period	*2025* £ 247 68197 29377 2396 3
	100220
	- 61 345 489 949 717 772 2228 1 250 15281 1542 95 466 62220
	85416
	14804 35341
	50145

St Giles Preschool Statement of assets and liabilities at 31 August 2025

----- Start of picture text -----
2024 2025
£ Cash assets Note £
35341 Bank accounts 50145
35341 50145
Other monetary assets
766 Debtors - HMRC -
402 Prepayments 2 397
1168 397
Assets retained for the charity’s own use
General equipment.
Liabilities
(735) Creditors 3 (1191)
(735) (1191)
----- End of picture text -----

These financial statements are accepted on behalf of the charity by:

Signed _____ Dated _____ Maryna Bezdenezhnykh, Trustee

St Giles Preschool Notes to the accounts for the year ended 31 August 2025

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Prepayments

Insurance Legal & professional Creditors Independent examination Credit card - Food & drink Wages, NI & pensions		£ 257 140 397 £ 720 25 446


		1191

3. Creditors

4. Trustees’ remuneration

Trustees received no expenses, remuneration or benefits in this period.

5. Related party transactions

There were no related party transactions during the period.

6. Glossary of terms

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.