Trustees’ Annual Report for the period
From 06/04/2024 To 05/04/2025
Charity name: MOORGATE EARLY YEARS CENTRE
Charity registration number: 1775215
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide a high quality of care and facilities for recreation and educational development to those children under the statutory school age. To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the educational, developmental and other needs of their children. To provide the necessary facilities for the daily care, recreation and education of children during out of school hours including school holidays. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Providing purposeful activities for early years children for them to learn through play. To ensure that all children’s needs are met and they progress in their learning and development. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | As Trustees, we have regards to the guidance issued by the Charity Commission. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 |
Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Munchkins childcare is continuing to provide childcare for early years children. We are teaching our children through purposeful play to develop their learning and development. Munchkins childcare meets the needs of the community, reaching out to vulnerable children and making referrals for children and their families that need multi- professional support. Munchkins continues to expanded provision to cater for an increased number of families within the local area. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Achievements against objectives set |
Para 1.41 | Munchkins continues to provide purposeful activities for early years children for them to learn through play. We continue to ensure that all children’s needs are met and they progress in their learning and development and thatfamilies are supported. |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Munchkins position remains positive despite increased expenditure and overheads. Munchkins does not have any outstanding liabilities. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We hold 3 months wages and expenditure in reserve to cover any pay in the event of redundancy. We are also holding reserves to enable Munchkins to improve the outside areas for the children. This work has been approved by Lancashire County Council and we are waiting for further approval from the governors of Moorgate Nursery School. Work is due to start in the financial year 2025/26. |
| Amount of reserves held | Para 1.22 | £100,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO Foundation Constitution |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Potential trustees apply for the post and are vetted by the existing trustees. Once a candidate is selected they are appointed once an Enhanced DBS is completed. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Moorgate Early Years Centre |
|---|---|
| Other name the charity uses | Munchkins Childcare |
| Registered charity number | 1175215 |
| Charity’s principal address | Moorgate Ormskirk Lancashire L39 4RY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Office (if any) | Dates acted if not for whole year |
Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|---|---|---|
| Gemma Hampson | |||||||
| Paul Nelson | |||||||
| Sarah McDonough | Resigned 27/11/2025 | ||||||
| Rachael Towersey | |||||||
| Matthew Baddley | Instated 03/01/2025 | ||||||
| Corporate trustees– names ofthe directors at the date thereportwas approved Director name |
|||||||
| Director name | |||||||
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) G Hill Full name(s) Gemma Hill Position (eg Secretary, Setting Manager Chair, etc) Date 13/02/2025
Charity Registration Number : 1175215
MOORGATE EARLY YEARS CENTRE
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2025
MOORGATE EARLY YEARS CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 05 APRIL 2025
Trustees Rachael Rachael Towersey PAUL CHRISTOPHER NELSON SARAH JANE MCDONOUGH GEMMA CATHERINE HILL Charity Number 1175215 Registered Office MOORGATE NURSERY SCHOOL & MUNCHKINS CHILDCARE MOORGATE ORMSKIRK L39 4RY
MOORGATE EARLY YEARS CENTRE
CONTENTS
FOR THE YEAR ENDED 05 APRIL 2025
Trustees' Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
MOORGATE EARLY YEARS CENTRE
TRUSTEES' REPORT
FOR THE YEAR ENDED 05 APRIL 2025
The trustees present their annual report and financial statements for the year ended 05 April 2025 .
Trustees' report and financial statements
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 05 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Trustees
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Rachael Rachael Towersey
PAUL CHRISTOPHER NELSON SARAH JANE MCDONOUGH
GEMMA CATHERINE HILL
Trustees' responsibilities statement
The trustees, who are also the directors of Charity For Moorgate Early Years Centre for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees and signed on its behalf by:
Rachael Rachael Towersey,PAUL CHRISTOPHER NELSON,SARAH JANE MCDONOUGH,GEMMA CATHERINE HILL
Judit Leszkovar
Date : 27 October 2025
Page 1 of 6
MOORGATE EARLY YEARS CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 05 APRIL 2025
| Recommended categories by activity Notes Income and endowments from: Charitable activities 2 Other trading activities 3 Total Expenditure on: Raising funds 4 Charitable activities 5 Total Net income Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 418,130.29 210.66 418,340.95 62,088.74 132,338.02 194,426.75 223,914.20 223,914.20 131,352.27 355,266.47 |
Total Funds 2025 £ 418,130.29 210.66 418,340.95 62,088.74 132,338.02 194,426.75 223,914.20 223,914.20 131,352.27 355,266.47 |
Total Funds 2024 £ 346,636.84 - |
|---|---|---|---|
| 346,636.84 | |||
| 9,762.04 263,798.44 |
|||
| 273,560.48 | |||
| 73,076.36 | |||
| 73,076.36 58,275.91 |
|||
| 131,352.27 |
Page 2 of 6
MOORGATE EARLY YEARS CENTRE
BALANCE SHEET
FOR THE YEAR ENDED 05 APRIL 2025
| Recommended categories by activity Notes Unrestricted funds £ Total Current assets Debtors 7 11,328.35 Cash at bank and in hand 8 355,291.37 Total current assets 366,619.72 Creditors: amounts falling due within one year 9 860.10 Net current assets/(liabilities) 365,759.62 Total net assets 365,759.62 Funds of the Charity Unrestricted funds 10 355,266.47 Restricted income funds 10 Endowment funds 10 Total funds 355,266.47 |
Funds 2025 £ Total 11,328.35 355,291.37 366,619.72 860.10 365,759.62 365,759.62 355,266.47 - - 355,266.47 |
Funds 2024 £ 11,328.35 131,456.97 142,785.32 633.90 142,151.42 142,151.42 131,352.27 - - |
|---|---|---|
| 131,352.27 |
For the year ended 05 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 27 October 2025 and signed on its behalf by:
Rachael Rachael Towersey,PAUL CHRISTOPHER NELSON,SARAH JANE MCDONOUGH,GEMMA CATHERINE HILL
Judit Leszkovar
Date : 27 October 2025
Page 3 of 6
MOORGATE EARLY YEARS CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 05 APRIL 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Charitable Activities
| Analysis Unrestricted funds £ Sale of service 418,130.29 Total 418,130.29 3. Income from Other Trading Activities Analysis Events Total 4. Expenditure on Raising Funds Analysis Other trading activities Rent collection, property repairs and maintenance charges Wages and salaries Total Support Costs |
Total funds 2025 £ 418,130.29 418,130.29 Unrestricted funds £ 210.66 210.66 Total funds 2025 £ 13,200.05 26,046.90 22,290.46 61,537.41 551.32 |
Total funds 2024 £ 346,636.84 |
|
|---|---|---|---|
| 346,636.84 | |||
| Total funds 2025 £ 210.66 |
|||
| 210.66 | |||
| Total funds 2024 £ - - - - 9,762.04 |
|||
| 62,088.74 9,762.04 |
3. Income from Other Trading Activities
4. Expenditure on Raising Funds
Page 4 of 6
5. Expenditure on Charitable Activities
| Analysis Total funds 2025 Total funds 2024 £ £ Charity management & administration 3,524.01 28,744.29 Charity running cost 20,794.20 5,980.62 Cost of services 3,121.65 676.83 Employee costs - 2,499.62 Printing and stationery 1,776.08 1,694.25 Legal/professional fees - 5,002.17 Wages and salaries 91,054.58 146,476.21 Staf costs 11,012.17 62,458.40 Total 131,282.69 253,532.39 Support Costs 1,055.32 10,266.04 132,338.02 263,798.44 6. Support Costs Analysis Total funds 2025 Total funds 2024 £ £ Support Costs Staf costs 1,102.65 19,524.09 Governance Costs Accountants fees 504.00 504.00 1,606.65 20,028.09 7. Debtors: Amounts falling due within one year Total funds 2025 Total funds 2024 £ £ Trade debtors 11,328.35 11,328.35 Total 11,328.35 11,328.35 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Moorgate Early Years Centre 344,417.22 120,429.82 Total 344,417.22 120,429.82 9. Creditors: Amounts falling due within one year Total funds 2025 Total funds 2024 £ £ Trade creditors 860.10 633.90 Total 860.10 633.90 |
Total funds 2025 £ 3,524.01 20,794.20 3,121.65 - 1,776.08 - 91,054.58 11,012.17 131,282.69 1,055.32 |
Total funds 2024 £ 28,744.29 5,980.62 676.83 2,499.62 1,694.25 5,002.17 146,476.21 62,458.40 253,532.39 10,266.04 |
|---|---|---|
| 132,338.02 263,798.44 |
||
| Total funds 2025 £ 1,102.65 504.00 |
Total funds 2024 £ 19,524.09 504.00 |
|
| 1,606.65 20,028.09 |
||
| Total funds 2024 £ 11,328.35 |
||
| 11,328.35 | ||
| Total funds 2024 £ 120,429.82 |
||
| 120,429.82 | ||
| Total funds 2024 £ 633.90 |
||
| 633.90 |
Page 5 of 6
10. Charity funds
10.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 131,352.27 418,340.95 194,426.75 - - 355,266.47 Total 131,352.27 418,340.95 194,426.75 - - 355,266.47 10.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 58,275.91 346,636.84 273,560.48 - - 131,352.27 Total 58,275.91 346,636.84 273,560.48 - - 131,352.27 |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
|---|---|---|---|---|---|---|
| 131,352.27 418,340.95 194,426.75 - |
- | 355,266.47 | ||||
| 131,352.27 418,340.95 194,426.75 - |
- | 355,266.47 | ||||
| 58,275.91 346,636.84 273,560.48 - |
- | 131,352.27 | ||||
| 58,275.91 346,636.84 273,560.48 - |
- | 131,352.27 |
Page 6 of 6
Independent examiner's report on the accounts
| Section A Independent Examiner’s Report |
Section A Independent Examiner’s Report |
|---|---|
| Report to the trustees On accounts for the year ended Set out on pages |
MOORGATE EARLY YEARS CENTRE 05/04/2025 Charity no (if any) 1175215 8 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended05/04/2025 |
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of ICPA.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
Signed: Judit Leszkovar
Date: 27/10/2025
Name: Judit Leszkovar Relevant professional Certified Practising Accountant qualification(s) or body ICPA :JLB010 (if any):
Oct 2018
1
IER
Address: J.L Bookkeeping and Advice Services Ltd Paddock Business Centre, 2 Paddock Road Skelmersdale WN8 9PL
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
N/A
Oct 2018
2
IER