``` REGISTERED CHARITY NUMBER: 1183475 ``` ## **`REPORT OF THE TRUSTEES AND`** ## **`FINANCIAL STATEMENTS`** ``` FOR THE YEAR ENDED 31 AUGUST 2025 ``` ## **`FOR`** ## **`HARPOLE PRESCHOOL`** ``` Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ ``` ``` HARPOLE PRESCHOOL ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 2`| |**`Independent Examiner's Report`**|`3`| |**`Statement of Financial Activities`**|`4`| |**`Balance Sheet`**|`5`| |**`Notes to the Financial Statements`**|`6 to 11`| |**`Detailed Statement of Financial Activities`**|`12 to 13`| ``` HARPOLE PRESCHOOL ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 ``` ``` The trusteespresenttheirreportwiththe financialstatementsof the charityforthe yearended31 August2025. The trusteeshaveadoptedthe provisionsof AccountingandReportingby Charities:Statementof Recommended Practice applicableto charitiespreparingtheiraccountsin accordancewiththe FinancialReportingStandardapplicablein the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The objective of the charity is to provide pre-school facilities for the 2-4 year age-group ``` ## **`ACHIEVEMENTS AND PERFORMANCE`** ## **`Charitable activities`** ``` Thecharityworksforthepublicbenefithavingasitsobjectsthedevelopmentandeducationofchildrenand young people in particular by: ``` - `Promoting their care and safety` - `Promoting their education and promoting parental involvement` - `Promoting their health and wellbeing` - `Providing services to support them and their families and carers` ``` During the year 2024-25 there were 74 (2024: 71) children registered at the PreSchool. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Revenuesfortheyearto31August2025havereducedto£289,838(2024:£301,539).Lastyear,wemadea move fromcashaccountingtoaccrualsaccountingforourannualreport.WeappointedStuartArmstrongFCCAat Phipps HensonMcAllistertoassistuswiththisandhavereappointedthemagainthisyearfortheindependent examination of our financial statements. ``` ``` OurincomefromWestNorthamptonshireCouncil(WNC)hasremainedsimilarthisyearandisnow£204k,a slight reductionfrom £205k last year. There has been an increasein the numberof childrenon our registerand the types of fundingavailablehasremainedlargelysimilarwithminimalpolicychangesthisyear.Thisincludes£1,351 (2024: £18,604) of SEN funding. ``` ``` Wehavereceiveda£10kdonationfromHarpoleCharitiestobeusedagainstSENcoststhisyear.Thishas been treated as a restricted 'SEN' Fund and has been fully expensed against SEN costs included in Wages in the accounts. ``` ``` Ourhighestcoststhisyearhavebeenforstaff,asperprioryear.Ourtotalwagescostswere£221,925 (2024: £210,788). ``` ``` Throughcarefulmanagementwehavemanagedtoreturnasurplusthisyearof£16,603,animprovementfrom last year's surplus of £14,516. Our total funds carried forward are £78,828 (2024: £62,226). ``` ## **`FUTURE PLANS`** ``` We havecontinuedtoworkhardoverthelast12monthstostrengthenourfinancesandwe havea businessplan in placesothattheyshouldcontinuetogrowoverthecomingyears.EarlyYearsaregoingthroughvery challenging financialtimesandwe knowthefuturewillcontinueto be challengingdueto theseriousunderfundingandnow the requirement to make any additional contributions from parents voluntary. ``` ``` WeneedtoensureourBusinessPlanandPoliciesarerobustenoughtowithstandthechallengesaheadand when necessary we make difficult decisions to keep our finances secure. ``` ``` Page 1 ``` ``` HARPOLE PRESCHOOL ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesaCharitable Incorporated Organisation. ``` ## **`Recruitment and appointment of new trustees`** ``` AllparentsareinvitedtostandforelectionsasTrustees.Nominations,electionsandappointmentsaremadeat the AGM in line with Charity Commission requirements, our constitution and procedures. ``` ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** ``` 1183475 ``` ## **`Principal address`** ``` Old School Hall School Lane, Harpole Northampton NN7 4DR ``` ## **`Trustees`** ``` Ms S Matthews (Preschool Manager) Ms P V Knight (appointed 14/10/2024) R Rossiter-Smith Ms J R Clare Ms N M Farmer (Business Manager) Ms C Cook Ms D J Tarry (Deputy Preschool Manager) DL Lugg (appointed 13/1/2025) ``` ## **`Independent Examiner`** ``` Stuart Armstrong FCCA Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ ``` ``` Approved by order of the board of trustees on 12 November 2025 and signed on its behalf by: ``` ``` Ms N M Farmer - Trustee ``` ``` Page 2 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARPOLE PRESCHOOL ``` ## **`Independent examiner's report to the trustees of Harpole Preschool`** ``` I reportto the charitytrusteeson my examinationof the accountsof HarpolePreschool(the Trust) for the year ended 31 August 2025. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Charities Act 2011 ('the Act'). ``` ``` I reportin respectof my examinationof the Trust'saccountscarriedoutunderSection145 of the Act andin carrying out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionunderSection 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheAssociationofChartered Certified Accountants, which is one of the listed bodies. ``` ``` I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnection with the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do 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.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Stuart Armstrong FCCA ``` ``` The Association of Chartered Certified Accountants ``` ``` Phipps Henson McAllister Chartered Accountants 22-24 Harborough Road Kingsthorpe Northampton NN2 7AZ ``` ``` 12 November 2025 ``` ``` Page 3 ``` ## **`HARPOLE PRESCHOOL`** ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`103`**
**`Charitable activities`**
`Income from Parents`
**`64,393`**
`Fundraising Income`
**`10,499`**
`Local Education Authority`
**`203,508`**
`Investment income`
`2`
**`1,015`**
`Other income`
**`320`**
**`Total`**
**`279,838`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Pre-School`
**`228,600`**
`Other`
**`34,636`**
**`Total`**
**`263,236`**
**`NET INCOME`**
**`16,602`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`62,226`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`78,828`**|`Restricted`
`fund`
`£`
**`10,000`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`10,000`**
**`10,000`**
**`-`**
**`10,000`**
**`-`**
**`-`**
**`-`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`10,103`**
**`64,393`**
**`10,499`**
**`203,508`**
**`1,015`**
**`320`**
**`289,838`**
**`238,600`**
**`34,636`**
**`273,236`**
**`16,602`**
**`62,226`**
**`78,828`**|`2024`
`Total`
`funds`
`£`
`16,730`
`68,268`
`9,957`
`205,994`
`289`
`301`| |---|---|---|---| ||||`301,539`| ||||`233,630`
`53,393`| ||||`287,023`| ||||`14,516`
`47,710`| ||||`62,226`| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`HARPOLE PRESCHOOL`** ## **`BALANCE SHEET 31 AUGUST 2025`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Debtors`
`7`
**`4,051`**
**`-`**
`Cash in hand`
**`85,891`**
**`-`**
**`89,942`**
**`-`**
**`CREDITORS`**
`Amounts falling due within one year`
`8`
**`(11,114)`**
**`-`**
**`NET CURRENT ASSETS`**
**`78,828`**
**`-`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`78,828`**
**`-`**
**`NET ASSETS`**
**`78,828`**
**`-`**
**`FUNDS`**
`9`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`4,051`**
**`85,891`**
**`89,942`**
**`(11,114)`**
**`78,828`**
**`78,828`**
**`78,828`**
**`78,828`**
**`78,828`**|`2024`
`Total`
`funds`
`£`
`43`
`69,481`| |---|---|---| |||`69,524`
`(7,298)`| |||`62,226`| |||`62,226`| |||`62,226`| |||`62,226`| |||`62,226`| ``` The financialstatementswere approvedby the Boardof Trusteesandauthorisedfor issue on 12 November2025 and were signed on its behalf by: ``` ``` N M Farmer - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` HARPOLE PRESCHOOL ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsof thecharity,whichis a publicbenefitentityunderFRS 102,havebeenprepared in accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ``` Expenditure includes attributable VAT which cannot be recovered. ``` ``` Mostexpenditureisdirectlyattributabletospecificactivities,andhasbeenincludedinthosecost categories. Support costs have been allocated 100% towards the charitable activities of the charity. ``` ``` Thetrusteesconfirm,inaccordancewiththeCharitableIncorporatedOrganisations(General) Regulations 2012,thatatyear-endtheCIOdidnothaveanyoutstandingguaranteestothirdpartiesnoranyany debts secured on assets of the CIO. ``` ## **`Financial Instruments`** ``` TheCIOonlyhasfinancialassetsandliabilitiesofakindthatqualifyasbasicfinancialinstruments. Basic financialinstrumentsareinitiallyrecognisedattransactionvalueandsubsequentlymesasuredat their settlement value. ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ``` Page 6 ``` ``` HARPOLE PRESCHOOL ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025 ``` ## **`2. INVESTMENT INCOME`** ``` Deposit account interest ``` |**`2025`**|`2024`| |---|---| |**`£`**|`£`| |**`1,015`**|`289`| ## **`3. TRUSTEES' REMUNERATION AND BENEFITS`** ``` None of the trustees received any emoluments in respect of their roles as trustees. ``` ``` ThesalaryofthePreschoolManager,DeputyPreschoolManagerandtheBusinessManager,whoare also trustees are included within staff costs in Note 4. ``` ``` The total employee benefits of key management personnel during the year was £88,994 (2024: £83,569). ``` ## **`4. STAFF COSTS`** |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2025`**
**`£`**
**`212,682`**
**`5,530`**
**`3,713`**
**`221,925`**|`2024`
`£`
`201,313`
`6,531`
`2,944`| |---|---|---| |||`210,788`| ``` The average monthly number of employees during the year was as follows: ``` |`Key management personnel`
`Other staff`|**`2025`**
**`3`**
**`16`**
**`19`**|`2024`
`3`
`15`| |---|---|---| |||`18`| ``` No employees received emoluments in excess of £60,000. ``` ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`16,730`
**`Charitable activities`**
`Income from Parents`
`68,268`
`Fundraising Income`
`9,957`
`Local Education Authority`
`205,994`
`Investment income`
`289`
`Other income`
`301`
**`Total`**
`301,539`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`16,730`
`68,268`
`9,957`
`205,994`
`289`
`301`| |---|---|---| |||`301,539`| ``` Page 7 ``` ``` HARPOLE PRESCHOOL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025`** ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |`Unrestricted`
`fund`
`£`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Pre-School`
`233,630`
`Other`
`53,393`
**`Total`**
`287,023`
**`NET INCOME`**
`14,516`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`As previously reported`
`37,452`
`Prior year adjustment`
`10,258`
**`As restated`**
`47,710`
**`TOTAL FUNDS CARRIED FORWARD`**
`62,226`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`233,630`
`53,393`| |---|---|---| |||`287,023`| |||`14,516`
`37,452`
`10,258`| |||`47,710`| |||`62,226`| ## **`6. GOVERNANCE COSTS`** ``` The only governancecost that is separatelyidentifiableis the fees paid to the independentexaminerof £3,082 (2024: £2,995) in respect of accountancy services. ``` ## **`7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade debtors`
`Prepayments and accrued income`|**`2025`**
**`£`**
**`3,638`**
**`413`**
**`4,051`**|`2024`
`£`
`-`
`43`| |---|---|---| |||`43`| ``` Page 8 ``` ``` HARPOLE PRESCHOOL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025`** |**`8.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`9.`**
**`MOVEMENT IN FUNDS`**
`At 1/9/24`
`£`
**`Unrestricted funds`**
`General fund`
**`62,226`**
**`TOTAL FUNDS`**
**`62,226`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`279,838`**
**`Restricted funds`**
`SEN`
**`10,000`**
**`TOTAL FUNDS`**
**`289,838`**
**`Comparatives for movement in funds`**
`Prior`
`year`
`At 1/9/23`
`adjustment`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`37,452`
`10,258`
**`TOTAL FUNDS`**
`37,452`
`10,258`|**`2025`**
`2024`
**`£`**
`£`
**`11,114`**
`7,298`
`Net`
`movement`
`At`
`in funds`
`31/8/25`
`£`
`£`
**`16,602`**
**`78,828`**
**`16,602`**
**`78,828`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(263,236)`**
**`16,602`**
**`(10,000)`**
**`-`**
**`(273,236)`**
**`16,602`**
`Net`
`movement`
`At`
`in funds`
`31/8/24`
`£`
`£`
`14,516`
`62,226`
`14,516`
`62,226`| |---|---| ``` Page 9 ``` ``` HARPOLE PRESCHOOL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`301,539`
`301,539`|`Resources`
`Movemen`
`expended`
`in funds`
`£`
`£`
`(287,023)`
`14,516`
`(287,023)`
`14,516`|`Resources`
`Movemen`
`expended`
`in funds`
`£`
`£`
`(287,023)`
`14,516`
`(287,023)`
`14,516`| |---|---|---|---| ||||`14,516`| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||`Prior`|`Net`|| |---|---|---|---|---| |||`year`|`movement`|`At`| ||`At 1/9/23`|`adjustment`|`in funds`|`31/8/25`| ||`£`|`£`|`£`|`£`| |**`Unrestricted funds`**||||| |`General fund`|`37,452`|`10,258`|`31,118`|`78,828`| |**`TOTAL FUNDS`**|`37,452`|`10,258`|`31,118`|`78,828`| ``` A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`SEN`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`581,377`
`10,000`
`591,377`|`Resources`
`Movemen`
`expended`
`in funds`
`£`
`£`
`(550,259)`
`31,118`
`(10,000)`
`-`
`(560,259)`
`31,118`|`Resources`
`Movemen`
`expended`
`in funds`
`£`
`£`
`(550,259)`
`31,118`
`(10,000)`
`-`
`(560,259)`
`31,118`| |---|---|---|---| ||||`31,118`| ``` Page 10 ``` ``` HARPOLE PRESCHOOL ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025 ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 August 2025. ``` ``` Page 11 ``` ``` HARPOLE PRESCHOOL ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Fees from parents`
`Registration fees from parents`
`Ad Hoc Fees from parents`
`Outdoor Explorers`
`Fundraising`
`OSH`
`Voucher Funding - WNC`
`EYPP - WNC`
`Higher Needs Funding - WNC`
`SEN - WNC`
`DAF - WNC`
**`Other income`**
`Other/Misc Income`
`Wellbeing Income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Fundraising costs`
`SEN costs`
`EYPP costs`
`Outdoor Explorer Costs`
`Wellbeing/Medical`|`2025`
`£`
**`10,103`**
**`1,015`**
**`63,676`**
**`240`**
**`477`**
**`1,044`**
**`9,333`**
**`122`**
**`193,157`**
**`2,524`**
**`4,600`**
**`1,351`**
**`1,876`**
**`278,400`**
**`-`**
**`320`**
**`320`**
**`289,838`**
**`212,682`**
**`5,530`**
**`3,713`**
**`4,756`**
**`5,002`**
**`-`**
**`845`**
**`589`**
**`233,117`**|`2024`
`£`
`16,730`
`289`
`67,463`
`200`
`605`
`1,140`
`8,240`
`577`
`183,707`
`944`
`36`
`18,604`
`2,703`| |---|---|---| |||`284,219`
`86`
`215`| |||`301`| |||`301,539`
`201,313`
`6,531`
`2,944`
`8,130`
`7,110`
`475`
`870`
`748`| |||`228,121`| ``` This page does not form part of the statutory financial statements ``` ``` Page 12 ``` ``` HARPOLE PRESCHOOL ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025`** |**`Support costs`**
**`Support Costs`**
`Rent`
`Post, Packaging & Stationery`
`Equipment/Consumables`
`Sundries`
`Subscriptions`
`Staff Training`
`Work Clothing`
`Kitchen & Cleaning`
`Catering & Snacks`
`Admin Costs`
`Telephone`
`Insurance`
`Legal & Professional fees`
`Repairs & Renewals`
**`Governance costs`**
`Accountancy`
`Total resources expended`
**`Net income`**|`2025`
`£`
**`12,836`**
**`519`**
**`1,464`**
**`413`**
**`4,481`**
**`2,673`**
**`937`**
**`1,194`**
**`1,277`**
**`29`**
**`235`**
**`1,405`**
**`686`**
**`8,888`**
**`37,037`**
**`3,082`**
**`273,236`**
**`16,602`**|`2024`
`£`
`12,676`
`676`
`3,156`
`200`
`3,233`
`2,724`
`840`
`1,591`
`1,226`
`868`
`339`
`-`
`278`
`28,100`| |---|---|---| |||`55,907`
`2,995`| |||`287,023`| |||`14,516`| ``` This page does not form part of the statutory financial statements ``` ``` Page 13 ```