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2025-07-31-accounts

Charity number: 1179461

DUNKESWELL PRE-SCHOOL CIO

ANNUAL REPORT AND RECEIPT AND PAYMENT ACCOUNTS

YEAR ENDED 31 JULY 2025

DUNKESWELL PRE-SCHOOL CIO

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2025

Trustees

Gemma Richards, (resigned 29/08/2025) Jasmine Waterfield (appointed 12/09/2024) Laurence Quinn Deborah Chappell, (Chair from 29/08/2025)

Charity registered number

1179461

Principal office

Dunkeswell Pre-School Unit 6 Culme Way Dunkeswell Honiton EX14 4JP

Accountants

Griffin Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ

Page 1

DUNKESWELL PRE-SCHOOL CIO

CONTENTS

Page
Reference and administrative details 1
Trustees' report 2-6
Independent examiner's report 7-8
Receipt and payments 9-10
Statement of assets and liabilities 11

DUNKESWELL PRE-SCHOOL CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2025

The Trustees present their annual report together with the accounts of Dunkeswell Pre-School for the year ended 31 July 2025. The Trustees confirm that the annual report and accounts of the charity comply with current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting Charities” issued in January 2019.

Structure, Governance & Management

Dunkeswell Pre-School is a charity pre-school governed by the PLA Constitution. All Trustees are voted in once a year at the Annual General Meeting by other committee members. If someone shows an interest in becoming a Trustee, they will work alongside a current Trustee for a period before fully taking over the role. The Trustees consider major risks by having a prospective which is updated as new legislation, rules and regulations come into place.

Objectives & Activities

The charity’s objective is to enhance the development and education of children under statutory school ages in a parent-involving community-based group. The main activities undertaken by the charity for public benefit are to provide a safe, secure and stimulating environment and also to work within a framework to ensure equal opportunities for all children and families

Financial Summary

The Pre School reported a Full Year surplus of £5,678 which compares against the Prior Year deficit of £1,714.

Income

The principle source of income is Government Grants, received directly from Devon County Council - Three Year Old funding, Two Year Old funding and 30 hour Working Parent funding. Parents of children who do not qualify for these funded hours, or use more than their funded hours, are invoiced monthly at hourly rates set, and regularly reviewed, by the Trustees.

Income for the Full Year ending 31st July 2025 totalled £96,191 which was £9,044 (10%) up on the previous year. Devon County Council Grant Funding totalled £78,914, up £11,251 (17%) on last year however income from Parents Fees was £10,676, a decrease of £5,958, on the previous year.

The Pre School benefitted from an increase in funding rates paid by Devon County Council from April 2025 and parents fees were also increaced to accommodate a rise in both the Minimum Wage and ongoing cost inflation.

Fundraising and donations totalled £5,404 which was £3,220 (147%) better than the year before which is a creditable achievement considering the prior year figure included a £1,125 'Blue Token' Grant from Tesco. Interest received from our Lloyds Bank Savings Account totalled £1,139, up £641 (129%) on the prior year.

Page 2

DUNKESWELL PRE-SCHOOL CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2025

Expenditure

Expenditure for the Full Year ending 31st July 2025 totalled £90,513, an increase of £1,652 on the previous year due to lower maintenance. All costs continued to be managed and well controlled.

Staff salaries, representing 74% of full year costs, totalled £64,220 which was £3,834 (6%) more than the prior year. In April, hourly rates were adjusted to recognise an increase in the Minimum Wage from £11.44 to £12.21 an hour and the increase in Employer's NI contributions.

Electricity costs reduced to £3,754, down £966 (20%) on the previous year a result of more prudent management but were still £982 (35%) more than in 2023-24.

Professional Services costs totaled £2,833, and increase of £144 on the previous year, due to the change in accoounting software and a Paediatric First Aid training course for staff. Insurance costs rose significantly due to increases in both Buildings and Public Liabilitiy insurance.

Maintenance spend totalled only £1,288, down £4,900 (79%) on the previous year which had included modifications to the fire alarm system, new LED lighting and other building improvements.

Bank

The Charity has three bank accounts, currently all held with Lloyds Bank: a Current Account, a Fundraising Account and a Savings Account, plus a high interest savings account, also with Lloyds. Movements in the Pre School’s bank account balances over the last 12 months were as follows:

Other Matters

The Trustees prepared a budget for the 2024-25 financial year and all income and expenditure was reported against this budget on a monthly basis, with significant variances analysed.

The Trustees reviewed the Pre School’s finances each month to determine how much fundraising was necessary, to make sure money was spent for the benefit of the Pre School children and to ensure that all income and expenditure was well managed.

A debtors report was produced monthly for the Trustees and all overdue sales accounts were chased to ensure all outstanding invoices were paid. At the July 2025 year end there was one long outstanding debt (£9,776.76 plus costs). This had been successfully pursued through the Small Claims Court.

Page 3

DUNKESWELL PRE-SCHOOL CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2025

The charity has estimated that, in the event of a closure, the necessary redundancy and unavoidable running expenses would equate to approximately £40,000 which forms the Charity’s reserves policy. As at 31 July 2025 the charity held total cash funds of £75,369 with Lloyds Bank and therefore has sufficient reserves to satisfy its ongoing obligations.

The Charity has healthy reserves and is therefore considered to be a going concern.

Autumn Term 2024

During the Autumn Term, we ran a Halloween colouring competition which raised £10.60. We also organised a Bags to School collection which was another success. We were pleased to complete the significant modifications to the Pre School’s fire alarm and security systems, thereby ensuring our building now meets all current regulations a very satisfying milestone. In November, we partnered with Dunkeswell Youth Club for a bingo night, organised by the Monday Night Bingo Club. It was an amazing event that raised a substantial sum which was shared between our organisations. Sadly, we were unable to hold our Christmas Fair due to a lack of volunteers but we adapted and ran a Christmas Raffle instead. Debbie and I spent a Saturday morning selling tickets outside the Pre School and, on the final day of term, the children drew the winning numbers. We had many wonderful prizes, with the top one being a £100 Tesco gift card generously donated by Tesco Honiton. The children also enjoyed a magical Christmas party. They were full of festive spirit, excited to meet Father Christmas and captivated by a spectacular performance from George the Magician.

Spring Term 2025

Our bookstall and donation stall continued to raise valuable funds. We were also awarded a grant from the Blackdown Hills Music Trust, thanks to Rainy’s successful application. This allowed us to welcome Drama Tots to Pre School on a weekly basis. The children benifited so much from these sessions that they are now a permanent part of our curriculum. Work started at the allotment. Parents kindly volunteered their time to trim plants, remove weeds and prepare the space for planting. We are very grateful for their time and effort.

Summer Term 2025

The children joined a tooth-brushing scheme a fantastic initiative in today’s climate. They have learned so much about the importance of caring for their teeth. Angela also organised another successful Bags to School collection. While this year has been quieter for fundraising, we have still achieved a great deal thanks to donations and creative efforts. A special mention goes to our Secretary, Jasz, who raised £110 for the Pre School by running 250 miles in July — finishing a whole week early. Congratulations Jasz!

Fundraising Totals for 2024–25:

Page 4

DUNKESWELL PRE-SCHOOL CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2025

Volunteers:

We are always looking for more volunteers to help at events. Every penny we raise goes towards improving our Pre School, allotment, keeping them safe, engaging and our all our facilities up to date for the benefit of the children.

A special thank you goes to the Waterfield family for regularly volunteering to keep our allotment tidy throughout the year.

Finances:

This year we have had a much better start to the year financially. With Laurence stepping into the role as Treasurer, we had a very clear budget for the year with monthly updates on how our accounts compared to the budget set. This has made decision making with regards to finances much clearer and has allowed us to invest in maintenance for the preschool which has hugely benefited the setting. we will continue to monitor preschool finances over the coming year to ensure we are a sustainable business.

Lastly, I would like to say thank you to the Trustees, parents and Fundraising Committee who have supported myself as Chair and also for the ongoing support and dedication to the preschool.

I would also like to thank all the local people, organisations and businesses for their continued support with donations to our fundraisers. We could not do it without your generosity, and of course a huge thank you to the staff. We are incredibly lucky to have such a fantastic team. Every year I continue to be amazed by how wonderful you all are. You all go above and beyond to make this pre-school the amazing place it is and we are so grateful to you all.

The report was approved by the Trustees on and signed on their behalf by: 15/01/2026

Deborah Chappell Chair of Trustees

Page 6

DUNKESWELL PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 JULY 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUNKESWELL PRE-SCHOOL

I report on the accounts of the Trust for the period ended 31 July 2025 which are set out on pages 9-11.

This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Page 7

DUNKESWELL PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2025

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matters have come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

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.

Laura Waycott FCA Dated:

16/1/26

Griffin

Chartered Accountants

Courtenay House Pynes Hill EX2 5AZ

Page 8

DUNKESWELL PRE-SCHOOL CIO

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2025

Receipts
Fundraising
Discounts/Refunds Given
Donations
Devon County Council
Refund
Interest
Fees from parents
Sweatshirts and T-shirts
TOTAL RECEIPTS
Payments
Cost Of Sales
Advertising
Bank Charges
DBS checks
Computer Costs
Consumables
Equipment
Food
Gift
Insurances
Maintenance
General admin expenses
Ofsted Fee
Other Professional Services
Pension
Play Equipment
Printing, Postage and Stationery
Raising funds
Rubbish collection
Carried forward		 Unrestricted
funds
2025
£
2,222
-
3,182
78,914
-
1,139
10,676
58
96,191
-
-
134
13
913
553
1,223
512
-
1,200
1,288
582
35
2,833
2,489
204
135
-
1,236		 Restricted
funds
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
funds
2025
£
2,222
-
3,182
78,914
-
1,139
10,676
58
96,191
-
-
134
13
913
553
1,223
512
-
1,200
1,288
582
35
2,833
2,489
204
135
-
1,236		 Total
funds
2024
£
1,221
94
963
67,663
-
498
16,634
74
87,147
-
696
175
13
1,457
1,593
80
1,182
-
895
6,188
1,272
35
2,689
2,100
-
60
181
1,084
13,350 - 13,350 19,700

Page 9

DUNKESWELL PRE-SCHOOL CIO

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2025

Payments
Brought forward
Staff training
Uncategorised Expense
Staff uniforms
Utilities
Wages and salaries
Discount
Water Rates
Rates
Electrcity
Phone & Internet
Bad debt
TOTAL PAYMENTS
SURPLUS/(DEFICIT)		 Unrestricted
funds
2025
£
13,350
550
-
220
-
67,059
0
575
889
3754
545
3571		 Restricted
funds
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
funds
2025
£
13,350
550
-
220
-
67,059
-
575
889
3,754
545
3,571
-		 Total
funds
2024
£
19,700
52
-
296
5,195
63,640
22
-
-
-
-
-
-
-
90,513 - 90,513 88,861
5,678 - 5,678
(1,714)

Page 10

DUNKESWELL PRE-SCHOOL CIO

STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 JULY 2025

Unrestricted
funds
2025
£
Cash funds
Current Account
22,942
Fundraising Account
10,739
Savings Account
687
Lloyds High Interest Account
41,002
Cash Balance
-
TOTAL ASSETS
75,369
The accounts were approved by the Trustees on		 Restricted
funds
2025
£
Total
funds
2025
£
-
22,942
-
10,739
-
687
-
41,002
-
-
-
75,369
and signed on their behalf by:		 Total
funds
2024
£
21,213
7,928
40,550
-
69,691 
15/01/2026

Deborah Chappell Chair of Trustees

Page 11