Low Moor Pre School Reglstratlon number: 1176681 Annual Report and Financial Statemonts 31 August 2025 dOdd&co Low Moor Pre School Contents Ref•r8nce and Adrninistrativo Dètails Trusleg$' report Tw8tee8' re8ponsitilitie8 Independent examinerfs report Statemènt of financiÈl actiwbe5 Balance sheet Cash Ilow ststement Notes lo thè financial statements Low Moor Pre School Reference ond Administratlve Detalls Chailty name Low Moor Pre School Charity r•gi$tration 1wm￿r 117e881 Principal offlc• Lowmoor Evangelical Chur¢h WIGTON CA7 gQP R•gl8tsrèd offlce L¢)wmoor Evangelic41 Church WIGTON CA7 9QP Trustees H Todhunter A Rear H Fell, Chair {fesign8d 12 Novemb9r 2025) C Tayknr, Chair Accountant Dotld & Co Limited FIFTEEN Ro3ehrfl Montgomery Way Rosehill Eslats CARLISLE CA12RW Page 1 Low Moor Pie School Trustees. Report for the Year Ended 31 August 2025 The finan¢lo1 stalomenl$ have been prepared in accordance with the acrAwnting policies set out in the aCc￿jntS and comply with tha charity's govÈrning document, the Charities Act 2011 and Accounting and R•porting by ChaTities'. StBlement of Rècommended Practice applicable in Ihe UK and Republic of Ireland. The trustees have had due regard lo Ihe Charity Commi8s*)n's guidance on public benef stfU¢tur•. go¥wn•n¢¢ and management Thè Pre S¢hool ia a Charitable Incorporated Organisatk)n (CIO) and uses the modol wnslilulion for Childcare Pwdèrs, whith was adopted by the trustees on 3 JBnuory 2018. The Pre School is ran by 8 rmmittee of 3 merT*ers includin9 Ihe Chair and Vice Chair. The committee meet every 12 weeks with ad ho¢ m¢¢ting¥ as required and hold Bn annual AGM wlh support from the Nursery Manager and Business Manager. Truslees cffi 8ppointment are provided with guidanctr from Charity Commission on the duties and responslbilties ol irustees and offered training as requir8d. During this reporting period, we rec•N•d thè rèsignation of our Chalr, Haley Fell, due to personBI circumstances. This resignation was received outside of tht AGM. Wè would like to lormally Ihank Hal8y for her conlribylion ?nd leadership. and we wish her all thè very ￿$1 foi the future. At th• (JJrr•nt AGM, w• will ￿ looking lo elect a new Chair from the existing commrttee members. We are also currenlly short of key committee roles. and recruitment to the committee remains an important priority. An 8dveitisement h¥ been cir¢ulal¢d, •nd parents have been invited to attend the AGM and encouraged to I￿n thfy commiitee. As a eommittae-run nursery, the invO￿eMent of parents and carers is Vital lo our continued success. and we wamity welMme new mgmbers ¥A)o wish lo Contribute their 8kills and lime. Stafflng and Y¢¢rullm•nt Reuuitment ol staff has ¢onlinued lo be a challenge. Tellecting wider pressures across the earfy years sector. Despite this. we have mgintaingd 51affing levels and continued lo support slaff through training and preparation. particulorly in relation to in5PÈCtion readiness and quality of provision. Our Nusery Communlty During this perlod. our nursery has continued fo grow and develop acro88 both of our sites. Lowmoor Pre School. our largei and more established setting, currentty ha8 aiound 80 children on roll and Provides care and education for children aged 04 years. In September 2024, wè wèrè proud to open our second site. Beckside, which now supports around 70 chFldren aged (>3 years. The optrnTrng of Beck$ide has been a significant milestone for our organisation and reflects our commltmenllo M￿ling th* n¥&(ts of local families. Across both setlings wè now employ 29 members of staff, whose dedication and hard WO￿ underpin everything WÈ do. On behalf of thè committee, I would like lo thank all staff for their ongoing commltmenl, fl6xibllMy and professionalism during wh¥1 h¢$ been a dtrmanding bLrt rewarding period of growth. Revlew of actlvltles and a¢hl•v•m•nts The nursery eontinues to plan the eurrieulum xnd actNitre$ based on Ihe Earfy Years foundation stage statutory framework. Themes and tOPlCS are guidad by thildren's interest lo piomole engagement whilst embedding the 7 key areas of leaming and dev810pm￿t. Thè children in LovMoor prÈschool benefited from the new outdoor facslrties., and at Beckside. 8 simpler ¢utdoor ¥rea has sparked the children's curiosty and enlhusiasm in •xpknring nature. Qua15ty of Provlslon and In$pectlon In April 2025, Lowrnoor Pre School was inspected by Ofsted and was rated"GOOD". Th1$ 1$ 8 posthve outcome and a testsmgnl lo the hard work of the staff team and leadership. We are curr¢ntly awotting our first Otst nspe¢tion al Bedtside. which could tske place at any time. Preparations are ongoing. with a strong foeus on supportiThJ Staff an(1 gnwring the setting is inspeclion-ready whle maintaining a calm and nurturin9 environment for childrèn. OUT nursery continue5 to have a close relationship with the local authority. Thi$ $lrtrngthgn$ our 4blily lo support chiklren with addrtional needs in the setting and preparing them for the next stag¥. P4•2 Low Moor Pre School Trustees, Report for the Year Ended 31 August 2025 Financlal revlew The accounls to 31 Augut 2025 show that the nursèry Is ujrrenlly operating al a defi'ol. This position is largely attributsble to the costs incurred in openin9 3eckside. whi¢h was a significant but ne￿sSarY Investment in our I￿￿re. We havé also facea financl81 pressures rturfng 2025, iftdudirKJ the increasp in EmFAoyeT National Insurance rDntribulions, ¥vhich has had an impact on staffing ¢Q$ls. Our rnain Sour￿ of incomè continues to be local authority funcling, and we have stren a welcome increase in tNs 8rea follo￿n9 the introduction of the working family enlillement, including the expansion to 30 hours funderj ¢hildcare for children over the aoe of 9 rnonlhs. Thi5 has Sltpporteil 0￿￿pan￿ and dem8nd across both siles. The year end ra$¢Ne$ are £115.898, ofwhich £60,485 are free reserves. Looklng ahead As we ￿0k towards 2026 8tKI beyowKI. the nursery take part in a local authority run pilot scheme to improve the outdoor facilities for babies. We would 14ke to partrer with parent$ to enhance the learning environment lor our Ghildren. One early idea Is through fundraising events and lamlly eng8gernent days. In closing. I woukl like lo thank our staff team. parents. carers and committee membÈr5 for their continued support and commitment. This has been a period of Change, growth and challenge, bjt also one of real achievem¢nls. With ongoing commLtnity involvement and strong governan￿. ￿ look fwlard positively to the nexi phase of our nutsery's journey. Appr(wed by the Trustees on 12 February 2026 and signed on their behalf by.. C Taylor Trustee Page 3 Low Moor Pre School Trustee8' Responslbllltigs In relatlon to the Flnanclal Ststements The Iruslees are responsibl• for preparing the Trustees. Report and the financial statemonts in a¢Gordan¢e with applicable law and Unrted Kingdom A¢¢ounting Sland¥rds. The law applicobje to charitiÈs in EnglÈnd and Wales Tequires the trustees to prèparo financial st8temenls for each financial year which givg a tTue and fair view of the slate of affairs of the charity and of the incoming resources and application of rÈStsU￿e$ of the charty for thal period. In pr•paring th¢se finanryal slalements. the trustees are requwed to.. select $uil8ble è¢ty)unting policies and then appty them consistentty.. obserye the methods and principl•$ in the Ch8rrfies SORP., make judgemènts and estimates that are reasonable and prudenl., $t•ts whether applicable aGcounllng $tandards h8ve been followèd, subject to any material departures di$do8ed and explained in the financial statements., ond prepare the financial stat8mènts on thè going ¢oncem basis unless it is inappropriats to pre$ume that the charrty will continue in busine￿. The trustees are respon*ble for keeping proper accounts'ng records that disch)se wrth rÈasonable accurary at any tmne the finan¢i¥l po$ition of the charity and enable them lo ensure that the fin8na81 ststements comply with the Charitiès Aet 2011 88 8mended by the Charities Act 2022, the Charity IAKounls and Report51 Regulations ond the provisions of Ihg trust deed. They are responsible for safeguarding the assets of the ¢h¥Tty and hence for taking réasonabje slep5 for the prevention and detection of fraud and olher irr•gvlaiilio$. Pagg 4 Independent ExamineV6 Report lo the Trustees of Low Moor Pre School I report on the aceountÈ of the charity for the year ended 31 August 2025. which are set out on pages 6 to 15. Your attention is lo dfawn to the faci that the Charity has prepared the financial sialements in accordance vilh AGcounling and Reporting by Charit¢s preparing their accounts in accordarTce with the Financial Reportfng Standard applittsble in the UK and Republic of Irèland IFRS 1021 in preference lo the Acwunling and Reporting ty Charities. Slalement of Recommended Praclice is$ue(J on l April 2￿5 which is referred to In the extant regulations ha5 since been wlMr8wn. We untjerstand that this has been done in older for the accounts to provide a true and lair view in accordanr ilh the Generally Accepted Accounting Pra¢ti¢e effective for reporling periods beginning on or after 1 January 2019. RespECtive r6sponJibililies ol trustees and examlner The Charity'5 trustees are responsible for the prep8ration of lh8 accounts. Thé trustees consider that an audit is not ¥equired for this year under section 144121 ol the Charities Act 2011 os amended by the ch8rih.es Act 2022 (the Acll and that an indapendent eX8mination is needed. The charity's gross income exceeded £250,1100 and l am qualified to undertake t1￿ eX￿inatiOn by b￿ng qualified member of the Inststule ol Chartered Accountants in England and Wales. It is my responsibility to.. examine the accounts unr th• Year Ended 31 August 2025 2025 2024 Net cuh provld•d by I￿#d by) optrrating activitses Net lexp¢ndituw)fincome for the per￿1 Oeprecialior¢ charges Increase in debtors Incre88e in ¢redrtors {18,2401 13,653 13,288} 2.582 152931 28,190 2,488 12.063} 7,311 35,926 N•t cash prgvlded by (used in) Inv¢sting a¢ti¥ltl•$ Purchase of property, Flanl an¢J equipment {6,2331 {6,2331 {￿.210> 160.210} D•¢r••*• In ¢•$h {11.S28) 124.2841 The Th)l•s on pag•s 910 15 form an integral part ofthese financjal slatemenls. Page 8 Low Moor Pr• School Notes to the Flnan¢l•l Ststements for the Year Ended 31 August 2025 A¢¢ountlng pollcl?B statement of ¢omplSanc• The accounts (financial stalementsl have been prepared under the histori¢sl co81 conv?nlion with items re¢ognised al C¢Jst or transaction value unless otherwse slated in thè relov8nt rhote{s1 to these accounts. The financial siatemenls have been prepared in accordancè with the second edition of Ihe Charities Slalernenl of Recommended Practice Issued in October 2019, th• Finan¢ial Reporting Standard applicable in the United Kingdom and RepUb￿C of Ireland {FRS 1021 and the chart1￿$ Act 201188 amended by the Charities Act 2022. Thg ¥rL))unls {financial slalementsl have b8an prepared to give a 'trug and falr, ￿eW and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent réquired to Provide a 'true ond fair vlw,. This departwe h8s involved following Accounting and Reporting by Ch¥rilie$ preparing theii ceount$ in occordance with the Financial Reporting Standard applicabl6 in the UK and Rèpublic of Ireland {FRS 102) rather than the Ac£ounling and Reporting by Charities.'Statemenl ol Recomrnended PTactice effeclivt from 1 April 2005 which has since been wlthdrawn. Bur• of prep•rotion Thg Gharity megtS the definition of a public benefit entity under FRS 102. Assel$ and Ilabimw ate initrally recognised at histori¢al ¢o$t or tr8nsactitsn value unless othe￿iSe stated in the relevant acc￿nting s)Dlicy note$. Golng ¢on¢•m These finan¢ial ststprr*nts have been prepared on a going cor￿arn basis. Fund a¢¢ountlng poll¢y UnrastrictÈd incNne fvnds are general funds that are available for use al Ihe tvuslees. dls¢retlon in fiJrthttranr8 olthe ob￿dive$ of the charity. Further details of each fund oro d1￿10$&￿ In note 15. Incomo and •ndowmgnts Donations and legaaes income induding donations 8rhd grants that provide core funding or are of a general nature is recognised where th8ra is antitl&m•nL probabilrty of rècèipt 8nd thg ¥rnount can be measured sufficient reliability. Income from Govemment and oth¥r grants, whether'capital, gran18 or'revenue. grants, is i•cognisèd whèn the charity has ent￿ement to thg fvnd8. any performance conditions attached to the grants have been mel. it is probable that the incom8will bè receivÈd and thè 8mtsunt ¢an be measured reliably and is nol d6fetrod. Incom• from tharil4b19 4diviti.es indude5 income recognised as eamed (as the related good$ or $$rvi¢o$ are provided) uNler contrad. Expendlture Liabilitiès ara r8cognisÉd 81 soon as there is a leg81 or ￿nstruCtive obligation committing th* th8rity to the expenditure. All expenditurtr is accounted for on an accruals basis and has been dassified under headings that aggregate all costs r•lal¢d lo the category. Charitable expenditure comprises Ihose costs incurred by the chBrity in the ddiv¢ry of its activities and servlcgs for rts beneficiaries. It includes both cosls that can be allocated dir•cty ¥uch 8ctrvitie8 and Ih)se ¢osts of an indire¢l nature necessary to support them. Page 9 Low Moor Pre S¢hool Notes to the Flnanclal Ststem•nts for tho Year Ended 31 Augusl 2025 Support ¢osts Support costs ¢thl fvn¢tion$ and hav? been allocated to activity ￿st categories on a basis consistent with the usè of resources, for ￿8mpl￿. 8llotAting prtsperty costs by Iloor areas, or per capiia. staff costs by the time spent and other costs by their us89è. Flx•d a$s•ts IndNidual fix￿ assets ¢ostin9 £100 or are initialty recorded 81 co81. Depr¢clatl¢n Dapr¥¢ialion1g provided on tsngible ffixed 88S8t8 $0 88 to Wfite off the cost or valuation. less 8ny estimated ras*Jual valua, over their èxpeclèd useful Èconorni¢ lrfe 86 follows.. Equipment Computer equipment 10%r209A reduang balance ba￿$ 25¥ts r¢du￿rt9 balance b8518 ash anit Cash Equlvalents Cash and cash equivalents compTi8e cash on hand and call deposits, and other short-twm highty liquid investments that are readily convertible to a known amount of cash and are subject to an insignfficant risk of ehange in y81￿. Operating le￿e9 Rentals payable under operating leases are charged in the statement of fn)arriaf adiviti¢s on ¥ straight line b85is over the lease lern. Pen8lon8 The charrty operates a dèfined contribution pension scheme. Contribulons ore th¥rg¢d in the $14lement of finanryal a￿1v￿e$ as they become payable in armrdanc8with Ihg rules of the sthemp. Charitable aclivitiej Unr•slrict8d Total Funqls Tgtal Fund¥ Fund• 2025 2024 Pre School Grants- olher 8genoe$ Fees and supplies 399.752 151.717 2,123 553.592 399,752 151,717 2.123 553.592 176,445 158,218 49D 335.151 All of the in¢ome from charitable actWTties in 2024 related to unrestricted fund8. Page 10 Low Moor Pre School Notes to thè Financial Statements for the Year Ended 31 August 2025 Expendtture Prn S¢hool Total 2025 Totsl 2024 Direct eosts Equipment ¥nd loy8 Consumables W898s ond salari•$ Stsff NIC IEmployeTsI Staff pensions Hire of other asststs Rent Rep81rs and malnlenance Stsff trainiThJ Rates Light. heat and power Insurance T?lephor* and fax Prinling. postage and stationery Sundry expenses 2,786 14,966 439,663 23,937 7.377 4.828 23.700 5,843 1,584 6,825 6,126 3,124 2.786 14,966 439.663 23.937 7.377 4,828 23,700 5,843 1.880 9.788 248,481 7.384 3,832 9.400 4.415 2,703 6.825 6.126 3,124 792 1,228 400 2,650 292,933 1,226 1,226 902 $44,735 544.735 Support costs Office expenses Advertising Accountancy fees Indèpendént èxaminÈrfs feè Legal professional fees Bad debts writtarn oll Bank Gharges Dèpr¥¢ialir*n of plant and mathinery 5.474 1,159 4,801 500 5,474 1,159 4,801 2.852 916 5.350 500 1,011 467 2,488 14,028 620 13,653 27,097 620 13.653 27,097 571.832 571,832 3CN8,961 All of the expenditure in 2024 relolgd to unr&8tricted funds. Pag&11 Low Moor Pre School Not•s to the Financial Statements for Ihe Year Ended 31 August 2025 . Gontinued Govfyrn•n￿ ¢￿ts 2025 2024 Accountancy fees Independent examinerfs fee Legal and professionor fees 4,801 5,350 500 890 6,191 Tru8tee8' remuneration and expens Nts Iwstses received any remuneration during the year. N•t loutgoing}fin¢oming r¢•gurc Net {outgoinglfincoming resources is stated aft81 charging.. 2026 2024 Depreaalion of owned assets 13,653 2,488 Employees. remuneration The monthty average number of persons (induding senior management) employed by t￿ tharily dumg the year wa$ as follows: 2025 No. 2024 No. Charita￿e activities 28 17 Tho aggrtrgate payroll costs ofthese persons were as follows.. 2025 2024 Wag9$ and salarie8 Soa'al security Othèr pension costs 439.6S3 23,937 7.377 470,977 248,481 7.384 3,832 259.697 No gmployoe Tgcgfved emoluments of more than £60,000 during the year. Page 12 Low Moor Pre School Notes to th• Financial Statements for the Year Ended 31 Augu$t 202S Gonttnued Taxation The registered charity is exempl from taxation on incomè 8nd gains. Tanglble fixed a#gets Fixtures, fitlings and equlpm•nt Cost As at 1 September 2024 Addllions As at 31 Awjust 2025 87,7 6.233 73.939 Dgprgclation As at 1 September 2024 Charge for the year As at 31 August 2025 4.873 13.653 18.526 Net ljook value As at 31 August 2025 AS at 31 August 2024 55.413 62,833 10 Debtors 2025 2024 Trade debtors Prepaymènts and a￿ed inGow 3.081 4,181 7.262 358 3,616 3,974 11 Crgdllors: Amounts falling du• wlthln ono year 2025 2024 Trade credblors Taxation •nd 5oaal Security Olher creditOTS Accruals and deferred Income 467 4.566 1,667 3.881 10,581 8,097 1.596 3,470 13,163 Page 13 Low Moor Pre School Not•s to the Financlal Slatements for the Year Endod 31 Au9USt 2025 .. conhnued 12 Op•rnting l•as• eommitmgnt• As 0131 August 2025 the eharity had total future minimum leose payments under non-can¢elloble opeyalng leases as lollows.. Land •nd Buiklings Othor 202$ 2024 2025 2024 Wilhin one year Wrthin h¥0 and fivg years 13,500 43,500 57,000 13,5LID 57,000 70,500 7,555 21,724 29,279 2,847 10,144 12,991 13 P•n#lon ¥eh•m• Defined ¢ontrlbutlon pension scheme The charity opeiates a defined conlribulion pension schemè. Th• pènsion ¢o$t tharge for the period represents cxjnlribulions payable by the charityto th• and 8nx)unled 19 £7,377 {2024- £3,832). Conlribuiions lotallin9 £1,59612024- £1.66n werg payable to the scheme al the end of the period and are induded in creditors. 14 R•lat•d parti•s Controlllng entity The charity is controlled by th• tru$l•*$. 15 Analy81$ of lund8 Atl S0Pt•mbèr 2024 Incomln9 rosources Resources exp•ndèd At31 August 2025 G•ntsral Fund8 Unrestricted incon* fund 134.138 553.592 {571,8321 115.898 Page 14 Low Moor Pre School Noles to the Flnanclal Slat•m•nts for tho Year Endod 31 August 2025 ¢thryfynued Prlor porlod Atl Septembgr 2023 Incomlng r￿oUr¢•$ R•#ourcgT¢ èxpended Tiary6fer¥ At31 August 2024 G•n•Yal Fun(ts UnrestrKted ineorn? thJnd 105.948 292.369 13C6.961) 42.782 134.138 Restrletad Fund¥ CtNrbedand Childcare Revenue Grant 42.782 142,782} 105,948 335,151 1306,961} 134.138 Cumberfand Childcwe Revenue Grant - A capital grant to ￿p￿r￿4}se or use surF4us spac8 to expand or create a new setling. 16 N•t •$8ets by fund Unrè¥tri¢ted Funds Total Funds 2025 Total Funds 2024 TangSbl* a$$&ts Current assets Crediiors.. Amounts faling within one year Net assels 55.413 73.648 113.1631 115,898 55,413 73,648 113,1831 115,898 62.833 81,886 (10,5811 134,138 Prior period Unrestricted Funds Total Funds 2024 Totsl Fund$ 2023 TaThJibb assets Current assets Credilors. Amounts falling due wilhln one year Nel assets 62.833 81.886 110,581) 134,138 62,833 81.886 110,581) 134.138 5.111 104.107 {3,2701 105,948 Page 15