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2025-08-28-accounts

Trustees’ Annual Report for the period

From September 2024 To August 2025

Charity name: St Winefrides Preschool

Charity registration number: 1179493

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The charity’s purpose is to provide high
quality early years education and care for
preschool children in a safe, stimulating
and inclusive environment. The preschool
aims to support the learning, development
and wellbeing of children through play-
based activities that promote social,
emotional, physical and educational
growth. The charity also seeks to work in
partnership with parents and carers to help
children develop confidence, independence
and readiness for school.
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
During the year, the preschool continued to
provide accessible early years education
and childcare for children within the local
community. Activities included the delivery
of structured and free-play learning
opportunities in line with the curriculum for
Wales framework.
The preschool provided a range of activities
and experiences designed to encourage
learning through play, including indoor and
outdoor learning, creative activities,
physical play, storytelling, music and social
interaction. Support was provided for
children with additional needs where
appropriate, ensuring an inclusive
environment for all families.
The preschool also worked closely with
parents, carers and external professionals
to support children’s development and
wellbeing. Fundraising and community
engagement activities helped maintain and
improve resources, equipment and learning
opportunities for the benefit of the children
attending the setting.
Statement confirming
whether the trustees have
had regard to the guidance
Para 1.18 The trustees confirm that they have had
regard to the Charity Commission’s
guidance on public benefit when reviewing

issued by the Charity the charity’s aims and objectives and in Commission on public planning future activities. The trustees benefit consider that the activities undertaken during the year have provided clear public benefit through the advancement of education and support for young children and their families within the local community.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment 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 During the year, the preschool continued to
provide a nurturing, inclusive and
stimulating environment in which children
could learn and develop through play. The
charity successfully supported children’s
early learning and development. Children
attending the preschool benefited from
opportunities to develop confidence,
independence, communication skills and
positive relationships with others. Staff
supported children in making progress
across all areas of learning, helping to
prepare them socially, emotionally and
academically for the transition to primary
school. Particular focus was placed on
supporting children’s personal, social and
emotional development, language and
communication skills, and physical
wellbeing. The preschool maintained strong
partnerships with parents and carers,
encouraging regular communication and

involvement in children’s learning and development. Additional support was provided where needed to help ensure that all children, including those with additional needs or requiring extra support, were able to access activities and reach their potential in a supportive environment. The charity’s work also provided wider benefits to the local community by offering affordable early years provision that supported families and enabled parents and carers to access employment, training and other opportunities. Through community engagement, fundraising and collaborative working with local organisations and professionals, the preschool continued to strengthen its role as a valued community resource for local families.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41
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 The charity remained in a strong
financial position at the end of the
financial year. Total income for the year
was £145,936.41 against expenditure of
£121,988.01, resulting in a net surplus of
£23,948.40. The charity's total funds
increased from £20,551.34 at the start of
the year to £44,499.74 at 31 August 2025.
The increase in funds reflects careful
financial management and continued
support through government-funded
childcare schemes, local authority
grants and self-funded childcare
provision
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The trustees maintain reserves to
ensure the continued operation of the
preschool and to protect the charity
against unexpected reductions in
income or increases in expenditure.
Reserves are held to meet staffing
commitments, cover operational costs,
manage cashflow fluctuations
associated with grant-funded childcare
provision, and ensure continuity of
service for children and families. The
trustees review reserve levels regularly
as part of their financial oversight
responsibilities
Amount of reserves held Para 1.22 At 31 August 2025, the charity held total
funds of £44,499.74 comprising:

Main HSBC Account: £34,689.04

Reserves Account: £6,163.05

Fundraising Account: £3,647.65
Total reserves and unrestricted funds
amounted to £44,499.74
Reasons for holding zero
reserves
Para 1.22 Not applicable. The charity does not
hold zero reserves and had total funds
of £44,499.74 at the year end.
Details of fund materially in
deficit
Para 1.24 No funds were materially in deficit
during the reporting period. The charity
reported a net surplus of £23,948.40 and
all fund balances remained positive at
the year end.
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 The trustees have assessed the charity's
financial position and consider that it
remains a going concern. The charity
generated a surplus during the year and
ended the period with sufficient cash
reserves to meet its current obligations.
While the trustees continue to monitor
risks associated with staffing costs,

funding changes and wider economic pressures, they are satisfied that there are no material uncertainties that would cast significant doubt on the charity's ability to continue operating for the foreseeable future.

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47

The charity's principal sources of
income are funding received through the
Welsh Government Childcare Offer and
Early Entitlement schemes, Flintshire
Flying Start funding, and grants from
Flintshire County Council. Additional
income is generated through self-funded
childcare sessions, fundraising
activities, donations, and interest earned
on funds held in the charity's bank
accounts. These funding streams are
essential in enabling the preschool to
provide accessible, high-quality early
years education and childcare within the
local community.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 The charity's funds are held in bank
accounts with the primary objective of
maintaining liquidity, protecting capital,
and ensuring funds are readily available
to support operational requirements.
The trustees do not currently operate a
formal investment portfolio or social
investment policy. Any surplus funds
are retained as reserves to support the
continued delivery of childcare services,
meet future liabilities, and safeguard the
charity against financial uncertainty.
Interest earned on reserve funds
provides a modest contribution to
income.
A description of the principal
risks facing the charity
Para 1.46 The trustees regularly review the risks
facing the charity and have identified the
following principal risks:

Changes to government-funded
childcare schemes and local
authority funding arrangements
which could affect income levels.

Recruitment and retention of
suitably qualified staff, together
with increases in staffing costs
and pension contributions.

Safeguarding and regulatory
compliance requirements,
including maintaining appropriate
policies, procedures, and staff
training.

Cost-of-living pressures and
inflation, which may impact
operating costs and financial
sustainability.

Maintaining adequate reserves
and cash flow to support ongoing
operations and manage potential
fluctuations in funding receipts.
The trustees mitigate these risks
through regular financial monitoring,
maintaining appropriate reserves,
reviewing policies and procedures, and
ensuring effective governance and
oversight.
Other During the year, the preschool
continued to provide high-quality early
years education and childcare to local
families, delivering funded childcare
places through a range of Welsh
Government and local authority
schemes. The charity invested in new
equipment, learning resources, and
improvements to the outdoor eco area to
enhance children's learning
experiences. The preschool maintained
compliance with safeguarding and
regulatory requirements and
strengthened its financial position by
generating a surplus during the year and
increasing its reserves. Trustees remain
committed to ensuring the long-term
sustainability of the preschool and the
continued delivery of services that
provide significant public benefit to
children and families in the community.

Structure, Governance and Management

Description of charity’s
trusts:
The preschool is established as a
charitable organisation governed by a
constitution and managed by a voluntary
committee of trustees. The trustees are
responsible for the overall governance and
strategic direction of the charity, ensuring
that it operates in accordance with its
charitable objectives and relevant legal and
regulatory requirements. Trustees are
elected or appointed in accordance with the
governing document and are supported by
the preschool manager and staff team in
the day-to-day running of the setting. The
charity operates for the benefit of the local
community and applies all income solely
towards the furtherance of its charitable
purposes.
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
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 The charity advertises its Annual General
Meeting (AGM) each year and encourages
all parents and carers of attending children
to participate. During the AGM, parents are
invited to nominate themselves to become
members of the management
committee/trustee board. The roles and
responsibilities of each committee position
are discussed during the meeting to ensure
that nominees understand the duties
involved. Trustees and officers are then
elected by vote, with appointments
confirmed by a minimum of two votes from
those attending the AGM. Members of staff
attend the AGM to meet the newly elected
committee members, who act as the
preschool’s employers and are responsible
for the governance of the charity. Parents
may also join the committee in non-officer
roles to support the work of the preschool
and contribute to decision-making and
fundraising activities.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational Para 1.51

structure and any wider
network with which the
charity works
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name St Winefrides Preschool
Other name the charity uses St Winefirdes Playgroup
Registered charity number 1179493
Charity’s principal address St Winefrides Catholic Primary School,
Whitford Street, Holywell. CH8 7NJ

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
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Lowri Evans Dates same as the report
Anastasia Williams
Maria Keogh
Sian Jones-Evans

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Sian Jone-Evans

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
The charity holds funds, equipment and resources solely
for the purpose of operating the preschool and supporting
the delivery of early years education and care. Assets
include cash held in the charity’s bank account, learning
resources, toys, furniture, outdoor play equipment and
other items used in the day-to-day running of the
preschool.
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
The assets are held on behalf of the preschool charity itself
and are applied only towards achieving the charity’s
objectives of providing accessible, high quality early years
education and care for children within the local community.
The use of these assets directly supports the charity’s aims
of advancing education and promoting the wellbeing and
development of preschool children.
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets
The charity maintains appropriate financial controls to
safeguard its assets. Funds are held in a bank account in
the name of the charity and are managed by authorised
signatories in accordance with the charity’s financial
procedures. Financial records are maintained and
monitored regularly by the committee.
Physical assets such as equipment and learning resources
are stored securely on the preschool premises and are
used solely for charitable purposes. The charity does not
hold assets on behalf of any other organisation, and all
assets are clearly identified as belonging to the preschool
charity.

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) Full name(s) Position (eg Secretary, Chair, etc) Date

St Winefride's Preschool Income & Expenditure: Sep 24 - Aug 25

Income

Welsh Government Childcare Offer £ 48,580.00 Flintshire Flying Start £ 71,464.95 Flintshire County Council Maintenance Grant (Rent) £ 3,000.00 Grant 30/01/2025 £ 1,000.00 Flintshire County Council Small Capital Grant £ 9,960.00 Flintshire County Council Resources Grant £ 463.58 Self Funders £ 2,188.00 Fundraising £ 10.00 Commission £ 18.93 Bank Interest on Reserves Account £ 162.03 Bank Interest on Fundraising Account £ 63.92 Bank Transfer £ 9,000.00 £9,000 transferred from reserves account 19/09 to cover staff wages Other £ 25.00

Sub Total
Opening balance (Main HSBC A/C) as at 01.09.24
Cash in hand
Deposit account balance (reserves) as at 01.09.24
Fundraising account balance as at 01.09.24
Total Opening Balance across all account as at 01.09.24
£ 145,936.41
£ 1,966.59
£ -
£ 15,001.02
£ 3,583.73
£ 20,551.34
Expenditure
Rent
NEST Staf Pension Contributons
Croner
Cleaning and First Aid Equipment
Eco Area Maintenance
DBS Checks
Safeguarding Courses
Equipment & Resources
Insurance
Wages
Pety Cash (Snack)
Bank Charges
Aquarium Rental & Service
Accountancy Fees
Bank Transfer
£9,000 transferred from reserves account 19/09 to cover staff wages
GDPR Licencing Fee
Sub Total
Closing balance (Main HSBC A/C) as at 31.08.24
Cash in hand
Deposit account balance (reserves)
Fundraising account balance
Total Closing Balance across all account as at 31.08.24
£ 3,000.00
£ 4,291.00
£ 2,075.04
£ 476.75
£ 9,960.00
£ 53.70
£ 75.00
£ 754.42
£ 780.47
£ 89,778.63
£ 815.00
£ 60.00
£ 420.00
£ 408.00
£ 9,000.00
£ 40.00
£ 121,988.01
£ 34,689.04
£ -
£ 6,163.05
£ 3,647.65
£ 44,499.74

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name

St Winefrides Preschool

On accounts for the year ended

31/08/2025

Charity no (if any)

Set out on pages

(remember to include the page numbers of additional sheets)

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2025 .

As the charity trustees of the Trust, 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.

Signed:

MBostock

Date:

26/03/2026

Name:

Mark Bostock

Relevant professional qualification(s) or body (if any):

1

October 2018

IER

ACCA

Address:

P&L Accountancy

Unit 8, Daniel Owen Centre

Mold, Flintshire, CH7 1AP

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

2

October 2018

IER