2025-08-31-accounts - Buckles And Bows Pre-School Nursery

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1[st] September 2024 To 31[st] August 2025

Charity name: Buckles and Bows Pre-School (CIO)

Principal address: The grounds of Holy Family School, Ongar Hill, Addlestone KT15 1BP

Charity registration number:

1182528

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Development and education pf pre-school aged children from 2 – 4 years old
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	Plan and provide a wide range of fun and exciting learning opportunities following the EYFS guidance, to meet children's individual interests and needs, to enable them to build on skills and experiences whilst learning through their natural curiosity. Learning opportunities take place indoors and outdoors. Observe and record achievements and progress, share /exchange information with parent/carer.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	I confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit and follow the Pre School learning alliance model constitution for child care providers

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

	SORP reference
Contribution made by volunteers	Para 1.38	We thank all the trustees and volunteers for their contributions throughout the year, without whose input the nursery would cease to be
Other		We thank Lisa and all the staff for their fantastic work with the children throughout the academic year

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	We have continued to prepare the children in our care to be in the best position they can be for starting school once they complete their time at Buckles and Bows.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period 23-24	Para 1.21	As at 28/08/25 the main account bank balance held at HSBC Weybridge was £20,669.13. There are some outstanding payments (accruals) less SCC monies already received for the coming term leave an actual starting balance for the year 25-26 of c£12,687.05 in the main account. This results inan overall surplus for the period September 24 to August 25 of c£3,460.46(yet to be audited). This demonstrates that we have balanced the books over the year, leaving a small surplus that, once firmed up, will be transferred to contingency
Audited accounts for the period Sept 23 – August 24		Our accounts are audited around 9 months after the end of each accounting period, in order to submit to the Charities Commission. Our 23-24 audited accounts (copy available for review) show turnover of £171,565.00 against expenditure of £160,949.00 giving a surplus in the year of £10,616.00, which was about £5k better than I had reported at the last AGM – some contingent costs allowed this time last year did not come to fruition. £8,000.00 of this surplus was transferred to contingency during the year. Whenever possible and prudent to do so, after expenditure on new resources, we transfer surplus to our reserve account.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held for three specific reasons; 1. Mandatory requirement to cover costs – mainly redundancies in the unlikely event of having to wind up the charity. These currently stand at c£25,000 2. General contingency for unknown circumstances – no specific amount 3. Sinking fund for replacement of our nursery building, which is effectively a large temporary portable office container that was repurposed c35 years ago. Replacement would cost in the region of £250k, so we are mindful of working towards a significant contribution towards that at some stage, along with researching potential options for 3rdparty funding.
Amount of reserves held	Para 1.22	In April 2025 we opened a higher interest earning savings account with Virgin Money, so most of our reserves have been transferred into that account.

		Current reserves stand at £20,574.79 in the HSBC contingency account, and £65,598.26 in the Virgin Money Account.Giving a total reserve of £86,173.04– which is a £9,871.44 increase on last year. So, bearing in mind the replacement building project at some time, we do need to keep topping that up whenever we can, without distracting from ensuring we have good quality resources for the current cohort of children.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No known concerns about the continuity of the setting – we signed a new lease with the parish for the grounds taking us to 2030, with earliest break 2027, so as long as Surrey CC rates keep pace with covering costs, we are in a strong position to continue providing our service. We are still in the early stages of understanding how the recent policy changes providing Government funding for younger children, will impact upon our in-take and ultimately our viability. We do not have the capacity, sleeping facilities or the will to take on children younger than 2 years old – we are a pre-school not a nursery. So time will tell on that one.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	We operate under the Pre-school Learning Alliance Model CIO Constitution for Childcare providers
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	We are constituted as a Charitable Incorporated Organisation, which essentially means that the Trustees have no personal liability for any debts.
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	Trustees are selected from family members or affiliate membership volunteering and being voted on at this the AGM. For the year 24-25 now ending, we had 5 family member trustees, and 4 affiliate trustees as listed below.

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Family member (F) or Affiliate member (A)
Mike Quinlan	Chairperson	A
Chris Turvill	Treasurer	A
Rianne Denyer	Secretary	F
Anna King	General member / Fundraising	F

5 6 7 8 9 10 11 12	Anna Germany	Ditto	Ditto	F
	Rebecca Corrie	Ditto		F
	Louise Gough	Ditto		A
	Matt Dobson	Ditto		F
	Zoe Hall	Ditto		A



Staff Members attending management meetings
Lisa Fuller			Manager
Nikki Wimms			Administrator

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) Michael Quinlan

Position (eg Secretary, Chairperson Chair, etc)

Date 28/08/2025

CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees BUCKLES & PRE-SCHOOL NURSERY On accounts for the year end•d 31 AUGUST 2025 Charity no Ilf any) 1182528 S•t out on pag•• I report to the trustees on my examination of the accounts of the above charity {"th8 Trust") for the year ended 311012025. Responslbllltles and basis of report As the ¢hariVs tNStees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Acr). report in r8spe¢t of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all Ihe applicable Direction8 glven by the Charity Comml85ion under section 145151{b) of the Acl, Independent examlneV8 Statement I have completed my examination. I conflfm that no materfal matters have come to my altentlon In connection with the oxamin81ion {other than that dis¢losed below'l whlch gives me caus8 to beliève that in, any materfal respect.. the a¢counting records were not kept in a¢¢ofdanc8 Wlth section 130 of the Charities Act,, or the accounts did not accord with the accounting records., or the accounts did not comply with thé applicable requirements concernin9 the fonn 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 considèred as part of an independent examination. I h8V8 no concems and have come across no other matters in ¢onnedson wilh the examination to which attention should be drawn in this report in ordér to 8n8bl6 a proper understanding of the accounts lo ba rea¢he(l. Pleas8 delete the woKls in the bTrckets if they do not apply. Slgned: Dat•., Name: LESLEY MARSHALL OF LE MARSHALL & CO Relevant profe851onal qualificationlsl or body lif any): ACA IER Oct 2018

Address: UNIT 81F FAIROAKS AIRPORT CHOBHAM GU24 8HU Section B Disclosure Only complete if the examiner needs to highlight matenal matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve hero brlef detalls of any items that the examiner w1$S to dlsclose. NIA IER Oct 2018

BUCKLES AND 80WS PRE4CHOOL NUR8ERY AECEIPT8 AND PAYMÈNTS ACCOUNT FOR THE YEAR ENDED 31 AUGU8T 2025 CHARITY NUMBER 1182528 2028 2024 RECEipf8 Schcol f• sthl r•cw•d r•htingto yw Fund rai$h9 Uniform 1¥2,949 187,985 1,703 215 613 153 1.186 Sna¢k8 Mi•Cdlanu• Inccffl• Depo6i16 rocaived Bank Int•r• rK• 2.056 231295 Tot•1 R•¢•lpl• 171580 PAYMENT8 r•ct nurmry •xp•ndrtur• 8t•ff •xp•ndMur• Wag8• Employ•r'• Nl ¢¢ntrSbuWon• P•n•bn• Trnining & OBS ¢Wki Trnv•l & Bu¥t•• RrUitM•nI 119,274 X),144 8,C61 753 118.895 1,5 737 Total Staff EXndItur• 126214 Tw• and bce4• UnrfoTm 773 191 Mllk ond •nxk• Pr•Mnt• 8ub•¢riptlon• Conwm•t4 Dona'on• 2,131 552 795 2,444 Tot•1 G•n•r•l Exp•ndhur• 82 AdMlnl•lratl¢)n Salarie• Baokkeepin9 & uTht• Pt and lol•phw• Stationery C¢mputer expnM• Bk ¢haw 11,608 8,760 420 531 712 124 $57 710 2.222 Eitsbll•hnMnl •xp•n••• R•nl & ral•8 In•urnnc• El•ctricrty Chqni Pr•mRe6 exp¢n•¢s Repair8 und rrolnlenanc• 2,315 1,154 1.291 174 Bulldlng lurnbtur• and •qulwn•nt Ml•MIL•neou Total Exp•DdKur• 187 905 EXCESS OF RECEIPT8 OVER EXPENDITURE