The Deering Centre Holy Trinity Primary School Longland Close Waltham Cross Herts EN8 8LU
Telephone: 01992 621357 Email: little-learners@holytrinity.herts.sch.uk Website: www.littlelearners.ik.org Registered charity number 1185936
Little Learners Pre-School Annual General Meeting 2024-2025 Date: Friday 20[th] June 2025 Time: 7 pm Venue: Zoom online
| Present: | Nikki Smith (Pre-School Leader) | |
|---|---|---|
| Sara Wollaston-Smith (Deputy) | ||
| Carol Laycock | ||
| Holly Chubb | ||
| Apologies: | Sarah Murphy | |
1. Apologies – Sarah Murphy – she has had all the information via email but no reply.
2. Notification of any other business – None
- AGM minutes – These were agreed to be representative of the meeting and it was noted that several issues still remain:
Lease still outstanding, with added complications of possibility of other considerations
4. Annual report
Staffing continues to be stable and with the 4 staff in ratio and lower numbers. Numbers have been consistently good throughout the year and we have increased
interest in 2 year old provision since the government have introduced the 9month old + 30 hours funding. We continue to concentrate on staff wellbeing after a very difficult few years with quite complex and challenging cohorts of children. Staff hours remain the same.
Sara and Nikki continue in ratio full time but on days where there are extra staff (Tuesday and Thursday) they have been trying to get out to keep up with the paperwork and SEN referrals that are needed.
With no word about the lease staff are feeling extremely vulnerable. There has been no communication from the diocese or the school since the meeting last year. Despite this we continue to ensure the Pre-school is equipped to ensure that all children’s needs are being met. The hot lunch option is getting more popular and the partnership with Cook works well.
5. Finance report- please see attached report from accountant
6. Elections
Lydia Williams is stepping in as a trustee in September and Holly will step down. Sarah has also withdrawn with immediate effect leaving us in a difficult position but Donna Methven a local Pre-school owner has agreed to come on board so checks are being carried out to get her in place as soon as possible
- Priorities for the next year –
The priority remains the same as the lease has still not been secured. And there is some uncertainty as to this will now be an option.
8. AOB – None
9. Date and time of next meeting - TBC
LITTLE LEARNERS PRE SCHOOL ACCOUNTS for the YEAR ENDED 31[st] AUGUST 2025
ANNUAL REPORT AND ACCOUNTS
| PAGE | CONTENTS |
|---|---|
| 1 | General information |
| 2 & 3 | Report of the trustees |
| 4 | Report of the independent examiner |
| 5 | Statement of financial activities |
| 6 | Balance sheet |
| 7 - 9 | Notes forming part of the accounts |
LITTLE LEARNERS PRE SCHOOL
GENERAL INFORMATION
TRUSTEES Nicola Smith Sarah Murphy Sara Wollaston-Smith Carol Laycock Holly Chubb COMPANY No. CE019283 CHARITY No. 1,185,936 ACCOUNTANTS John D Kilby & Co Chartered Accountants Mutfords Hare Street Buntingford Hertfordshire SG9 0ED BANKERS National Westminster Bank Cheshunt Branch Western Avenue Waterside Court Chatham Maritime Chatham Kent ME4 4RT
1
LITTLE LEARNERS PRE SCHOOL
TRUSTEES' REPORT
The Trustees of the Little Learners Pre School present their annual report, together with the accounts for the year ended 31[st] August 2025 and confirm they comply with the requirements of the Charities Act 2011, the Trust Deed, and the Charities SORP (2015) as they apply to smaller charities.
Objectives and activities
The aims of the pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
-
g) Offering appropriate play, education and care facilities, family learning and extended hour groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability.
-
h) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas.
-
i) Instigating and adhering to and furthering the aims and objects of the Pre-School Learning Alliance.
Trustees
The Trustees are responsible for the overall management and control of the Little Learners Pre School. All Trustees give their time freely and no remuneration was paid in the year. The trustees who held office during the year to 31[st] August 2025 were;
Nicola Smith - Chair Holly Chubb Carol Laycock Sarah Murphy Sara Wollaston-Smith
Financial Review
The income for the year has increased year on year due to the higher number of children registered to attend. As a result overall expenditure has increased but can mainly be attributed to increased staffing requirements to maintain the correct ratio of adults to children.
Governing Document
The charity is a charitable incorporated organisation (CIO) governed by a written constitution adopted by its members. There are no restrictions in the governing document on the operation of the charity or its investment powers, other than those imposed by charity law.
Risk Management
The Trustees have assessed potential risks to the charity and taken action to put into place systems to mitigate those risks. Over the year the trustees will be reviewing and revising its policies regarding business risks, financial risks, health and safety risks and other identifiable risks.
2
LITTLE LEARNERS PRE SCHOOL
TRUSTEES' REPORT (CONT’D)
Risk Management
The Trustees have assessed potential risks to the charity and taken action to put into place systems to mitigate those risks. Over the year the trustees will be reviewing and revising its policies regarding business risks, financial risks, health and safety risks and other identifiable risks.
Achievements and performance
Little Learners Pre School continues to provide young children with excellent education opportunities in the local community. A high retention of staff has resulted in children making very good progress during their time at the pre-school.
Future plans
The Trustees intend to continue their current strategies of maintaining the pre-school’s position in a competitive market and to increase reserves in order to invest in their own premises. The Trustees will continue to review their aims and objectives to ensure that the education and services offered are appropriate, affordable and attractive to the community. The charity continues to work on securing the lease of the building they currently rent and are working on plans to improve the building for the benefit of the children.
Reserves Policy
The Trustees aim to keep sufficient reserves to meet the day to day expenditure of the Trust, and to keep sufficient restricted funds in order to see these funded projects to their conclusion.
In carrying out their duties the trustees have had regard to the Charity Commissions guidance on public benefit.
This report has been prepared in accordance with the General Directions given by the Charity Commissioners in the Charities Act 2011.
Approved by the Trustees on 30[th] June 2026 and signed on their behalf by:
Nicola Smith Chair of Trustees
3
LITTLE LEARNERS PRE SCHOOL
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES
We report on the accounts of the Charity for the year ended 31[st] August 2025, as set out on pages 5 to 9.
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to examine the accounts under section 145 of the Charirties Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act) and to state whether any particular matters have come to our attention.
Basis of independent examiner’s report
Our 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 statement below.
Independent examiner’s statement
In connection with our examination, no matter has come to our attention:
-
(a) which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act:
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
(b) to which, in our opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mutfords Hare Street Buntingford Hertfordshire SG9 0ED
John D Kilby & Co Chartered Accountants
30[th] June 2025
4
LITTLE LEARNERS PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES incorporating the INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31[st ] AUGUST 2025
| Note | 2025 | 2024 | |
|---|---|---|---|
| ------ | ------- | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| INCOME | |||
| Activities for generating funds | 2 | £ 153,287 | £ 171,378 |
| Donations | 3 | - | - |
| Investment income | - | - | |
| ---------- | ---------- | ||
| Total income | £ 153,287 | £ 171,378 | |
| ----------- | ---------- | ||
| EXPENDITURE | |||
| Charitable activities | 4 | 139,630 | 141,370 |
| Governance costs | 5 | 3,477 | 4,034 |
| ---------- | ---------- | ||
| Total expenditure | £ 143,107 | £ 145,404 | |
| ---------- | ---------- | ||
| Net movement in funds | 10,180 | 25,974 | |
| Funds brought forward/tfd from | previous charity | 87,809 | 61,835 |
| --------- | --------- | ||
| Funds carried forward | £ 97,989 | £ 87,809 | |
| --------- | --------- |
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of recognised gains and losses has not been prepared.
5
LITTLE LEARNERS PRE SCHOOL
BALANCE SHEET 31[st ] AUGUST 2025
| BALANCE SHEET 31stAUGUST 2025 |
||||||
|---|---|---|---|---|---|---|
| ________ | ||||||
| Note | 2025 | 2024 | ||||
| ------ | ------- | ------- | ||||
| FIXED ASSETS | ||||||
| tangible | 6 | £ 209 | £ 383 | |||
| CURRENT ASSETS | ||||||
| debtors | 7 | 1,261 | 1,064 | |||
| cash at bank and in hand | 104,236 | 91,768 | ||||
| ---------- | --------- | |||||
| £ 105,497 | £ 92,832 | |||||
| ---------- | --------- | |||||
| LESS CREDITORS - amounts | ||||||
| falling due within one year | 8 | £ 7,717 | £ 5,406 | |||
| --------- | -------- | |||||
| Net current assets | 97,780 | 87,426 | ||||
| --------- | --------- | |||||
| NET ASSETS | £ | 97,989 | £ 87,809 | |||
| --------- | --------- | |||||
| Represented by: | ||||||
| CAPITAL & RESERVES | ||||||
| Unrestricted Funds | 97,989 | 87,809 | ||||
| --------- | --------- | |||||
| £ | 97,989 | £ 87,809 | ||||
| --------- | --------- |
For the year ended 31[st] August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Trustees’ Responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Approved by the Trustees on 30[th] June 2026 and signed on its behalf.
Nicola Smith - Chair
6
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts for the year ended 31[st] August 2025
1. Accounting policies
- c. Basis of preparation of accounts
These accounts have been prepared under the historical cost accounting rules and in accordance with the Accounting and Reporting by Charities: Statement of Recommended Accounting Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
- b. Incoming resources
Incoming resources are recognised in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
c. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off the cost, less estimated residual values, of all fixed assets over their expected useful lives at the following annual rates:
Equipment
33% straight line
d. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees in furtherance of the general objuectives of the charity.
| 2025 | 2024 | ||
|---|---|---|---|
| ------- | ------- | ||
| 2. | Activities for generating funds | ||
| HCC fees | 141,945 | 158,129 | |
| Parents fees | 11,342 | 13,249 | |
| ---------- | ---------- | ||
| £ 153,287 | £ 171,378 | ||
| ---------- | ---------- | ||
| 3. | Voluntary income | ||
| Donations | £ - | - | |
| -------- | -------- |
7
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts (continued) for the year ended 31[st] August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| ------- | ------- | ||
| 4. | Charitable activities | ||
| Staff salaries | 104,450 | 106,384 | |
| Employers pensions | 1,795 | 1,701 | |
| Recruitment and DBS checks | 32 | 844 | |
| Staff training | 136 | 499 | |
| Staff expenses | 348 | 1,492 | |
| Rates and water | 544 | 1,815 | |
| Light & heat | 5,192 | 9,697 | |
| Repairs and renewals | - | 305 | |
| Cleaning | 498 | 650 | |
| School equipment | 19,556 | 8,428 | |
| Food and consumables | 2,485 | 2,983 | |
| Events and entertainers | 30 | 220 | |
| Uniforms | - | 588 | |
| Printing postage and stationery | 272 | 272 | |
| Telephone | 916 | 854 | |
| Computer software | 3,301 | 4,237 | |
| Subscriptions | 75 | 401 | |
| ---------- | ---------- | ||
| £ 139,630 | £ 141,370 | ||
| ---------- | ---------- | ||
| 5. | Governance Costs | ||
| Accountancy | 1,020 | 1,020 | |
| Payroll and book-keeping fees | 425 | 1,600 | |
| Bank charges | 163 | 65 | |
| Insurance | 1,695 | 856 | |
| Depreciation | 174 | 493 | |
| -------- | -------- | ||
| £ 3,477 | £ 4,034 | ||
| -------- | -------- |
8
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts (continued) for the year ended 31[st] August 2025
| 6. | Tangible fixed assets | ||
|---|---|---|---|
| equipment | |||
| Cost | |||
| as at 1stSeptember 2024 | £ 1,618 | ||
| additions | - | ||
| -------- | |||
| as at 31stAugust 2025 | £ 1,618 | ||
| -------- | |||
| Depreciation | |||
| as at 1stSeptember 2024 | 1,235 | ||
| charge for the year | 174 | ||
| -------- | |||
| as at 31stAugust 2025 | £ 1,409 | ||
| -------- | |||
| Net Book Values | |||
| 31stAugust 2025 | £ 209 | ||
| 1stSeptember 2024 | 383 | ||
| ------- | |||
| 2025 | 2024 | ||
| ------- | ------- | ||
| 7. | Debtors | ||
| Prepayments | 1,261 | 1,064 | |
| PAYE credit | - | - | |
| -------- | ------- | ||
| £ 1,261 | £ 1,064 | ||
| -------- | ------- | ||
| 8. | Creditors | ||
| Accruals | 3,648 | 2,203 | |
| Other creditors | 2,146 | 2,146 | |
| Pension | 369 | 327 | |
| PAYE | 1,554 | 730 | |
| -------- | ------- | ||
| £ 7,717 | £ 5,406 | ||
| -------- | ------- |
- Trustees
The trustees did not receive any remuneration nor were they paid any expenses.
9
LITTLE LEARNERS PRE SCHOOL ACCOUNTS for the YEAR ENDED 31[st] AUGUST 2025
ANNUAL REPORT AND ACCOUNTS
| PAGE | CONTENTS |
|---|---|
| 1 | General information |
| 2 & 3 | Report of the trustees |
| 4 | Report of the independent examiner |
| 5 | Statement of financial activities |
| 6 | Balance sheet |
| 7 - 9 | Notes forming part of the accounts |
LITTLE LEARNERS PRE SCHOOL
GENERAL INFORMATION
TRUSTEES Nicola Smith Sarah Murphy Sara Wollaston-Smith Carol Laycock Holly Chubb COMPANY No. CE019283 CHARITY No. 1,185,936 ACCOUNTANTS John D Kilby & Co Chartered Accountants Mutfords Hare Street Buntingford Hertfordshire SG9 0ED BANKERS National Westminster Bank Cheshunt Branch Western Avenue Waterside Court Chatham Maritime Chatham Kent ME4 4RT
1
LITTLE LEARNERS PRE SCHOOL
TRUSTEES' REPORT
The Trustees of the Little Learners Pre School present their annual report, together with the accounts for the year ended 31[st] August 2025 and confirm they comply with the requirements of the Charities Act 2011, the Trust Deed, and the Charities SORP (2015) as they apply to smaller charities.
Objectives and activities
The aims of the pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
-
g) Offering appropriate play, education and care facilities, family learning and extended hour groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability.
-
h) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas.
-
i) Instigating and adhering to and furthering the aims and objects of the Pre-School Learning Alliance.
Trustees
The Trustees are responsible for the overall management and control of the Little Learners Pre School. All Trustees give their time freely and no remuneration was paid in the year. The trustees who held office during the year to 31[st] August 2025 were;
Nicola Smith - Chair Holly Chubb Carol Laycock Sarah Murphy Sara Wollaston-Smith
Financial Review
The income for the year has increased year on year due to the higher number of children registered to attend. As a result overall expenditure has increased but can mainly be attributed to increased staffing requirements to maintain the correct ratio of adults to children.
Governing Document
The charity is a charitable incorporated organisation (CIO) governed by a written constitution adopted by its members. There are no restrictions in the governing document on the operation of the charity or its investment powers, other than those imposed by charity law.
Risk Management
The Trustees have assessed potential risks to the charity and taken action to put into place systems to mitigate those risks. Over the year the trustees will be reviewing and revising its policies regarding business risks, financial risks, health and safety risks and other identifiable risks.
2
LITTLE LEARNERS PRE SCHOOL
TRUSTEES' REPORT (CONT’D)
Risk Management
The Trustees have assessed potential risks to the charity and taken action to put into place systems to mitigate those risks. Over the year the trustees will be reviewing and revising its policies regarding business risks, financial risks, health and safety risks and other identifiable risks.
Achievements and performance
Little Learners Pre School continues to provide young children with excellent education opportunities in the local community. A high retention of staff has resulted in children making very good progress during their time at the pre-school.
Future plans
The Trustees intend to continue their current strategies of maintaining the pre-school’s position in a competitive market and to increase reserves in order to invest in their own premises. The Trustees will continue to review their aims and objectives to ensure that the education and services offered are appropriate, affordable and attractive to the community. The charity continues to work on securing the lease of the building they currently rent and are working on plans to improve the building for the benefit of the children.
Reserves Policy
The Trustees aim to keep sufficient reserves to meet the day to day expenditure of the Trust, and to keep sufficient restricted funds in order to see these funded projects to their conclusion.
In carrying out their duties the trustees have had regard to the Charity Commissions guidance on public benefit.
This report has been prepared in accordance with the General Directions given by the Charity Commissioners in the Charities Act 2011.
Approved by the Trustees on 30[th] June 2026 and signed on their behalf by:
Nicola Smith Chair of Trustees
3
LITTLE LEARNERS PRE SCHOOL
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES
We report on the accounts of the Charity for the year ended 31[st] August 2025, as set out on pages 5 to 9.
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to examine the accounts under section 145 of the Charirties Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act) and to state whether any particular matters have come to our attention.
Basis of independent examiner’s report
Our 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 statement below.
Independent examiner’s statement
In connection with our examination, no matter has come to our attention:
-
(a) which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act:
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
(b) to which, in our opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mutfords Hare Street Buntingford Hertfordshire SG9 0ED
John D Kilby & Co Chartered Accountants
30[th] June 2025
4
LITTLE LEARNERS PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES incorporating the INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31[st ] AUGUST 2025
| Note | 2025 | 2024 | |
|---|---|---|---|
| ------ | ------- | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| INCOME | |||
| Activities for generating funds | 2 | £ 153,287 | £ 171,378 |
| Donations | 3 | - | - |
| Investment income | - | - | |
| ---------- | ---------- | ||
| Total income | £ 153,287 | £ 171,378 | |
| ----------- | ---------- | ||
| EXPENDITURE | |||
| Charitable activities | 4 | 139,630 | 141,370 |
| Governance costs | 5 | 3,477 | 4,034 |
| ---------- | ---------- | ||
| Total expenditure | £ 143,107 | £ 145,404 | |
| ---------- | ---------- | ||
| Net movement in funds | 10,180 | 25,974 | |
| Funds brought forward/tfd from | previous charity | 87,809 | 61,835 |
| --------- | --------- | ||
| Funds carried forward | £ 97,989 | £ 87,809 | |
| --------- | --------- |
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of recognised gains and losses has not been prepared.
5
LITTLE LEARNERS PRE SCHOOL
BALANCE SHEET 31[st ] AUGUST 2025
| BALANCE SHEET 31stAUGUST 2025 |
||||||
|---|---|---|---|---|---|---|
| ________ | ||||||
| Note | 2025 | 2024 | ||||
| ------ | ------- | ------- | ||||
| FIXED ASSETS | ||||||
| tangible | 6 | £ 209 | £ 383 | |||
| CURRENT ASSETS | ||||||
| debtors | 7 | 1,261 | 1,064 | |||
| cash at bank and in hand | 104,236 | 91,768 | ||||
| ---------- | --------- | |||||
| £ 105,497 | £ 92,832 | |||||
| ---------- | --------- | |||||
| LESS CREDITORS - amounts | ||||||
| falling due within one year | 8 | £ 7,717 | £ 5,406 | |||
| --------- | -------- | |||||
| Net current assets | 97,780 | 87,426 | ||||
| --------- | --------- | |||||
| NET ASSETS | £ | 97,989 | £ 87,809 | |||
| --------- | --------- | |||||
| Represented by: | ||||||
| CAPITAL & RESERVES | ||||||
| Unrestricted Funds | 97,989 | 87,809 | ||||
| --------- | --------- | |||||
| £ | 97,989 | £ 87,809 | ||||
| --------- | --------- |
For the year ended 31[st] August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Trustees’ Responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Approved by the Trustees on 30[th] June 2026 and signed on its behalf.
Nicola Smith - Chair
6
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts for the year ended 31[st] August 2025
1. Accounting policies
- c. Basis of preparation of accounts
These accounts have been prepared under the historical cost accounting rules and in accordance with the Accounting and Reporting by Charities: Statement of Recommended Accounting Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
- b. Incoming resources
Incoming resources are recognised in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
c. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off the cost, less estimated residual values, of all fixed assets over their expected useful lives at the following annual rates:
Equipment
33% straight line
d. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees in furtherance of the general objuectives of the charity.
| 2025 | 2024 | ||
|---|---|---|---|
| ------- | ------- | ||
| 2. | Activities for generating funds | ||
| HCC fees | 141,945 | 158,129 | |
| Parents fees | 11,342 | 13,249 | |
| ---------- | ---------- | ||
| £ 153,287 | £ 171,378 | ||
| ---------- | ---------- | ||
| 3. | Voluntary income | ||
| Donations | £ - | - | |
| -------- | -------- |
7
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts (continued) for the year ended 31[st] August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| ------- | ------- | ||
| 4. | Charitable activities | ||
| Staff salaries | 104,450 | 106,384 | |
| Employers pensions | 1,795 | 1,701 | |
| Recruitment and DBS checks | 32 | 844 | |
| Staff training | 136 | 499 | |
| Staff expenses | 348 | 1,492 | |
| Rates and water | 544 | 1,815 | |
| Light & heat | 5,192 | 9,697 | |
| Repairs and renewals | - | 305 | |
| Cleaning | 498 | 650 | |
| School equipment | 19,556 | 8,428 | |
| Food and consumables | 2,485 | 2,983 | |
| Events and entertainers | 30 | 220 | |
| Uniforms | - | 588 | |
| Printing postage and stationery | 272 | 272 | |
| Telephone | 916 | 854 | |
| Computer software | 3,301 | 4,237 | |
| Subscriptions | 75 | 401 | |
| ---------- | ---------- | ||
| £ 139,630 | £ 141,370 | ||
| ---------- | ---------- | ||
| 5. | Governance Costs | ||
| Accountancy | 1,020 | 1,020 | |
| Payroll and book-keeping fees | 425 | 1,600 | |
| Bank charges | 163 | 65 | |
| Insurance | 1,695 | 856 | |
| Depreciation | 174 | 493 | |
| -------- | -------- | ||
| £ 3,477 | £ 4,034 | ||
| -------- | -------- |
8
LITTLE LEARNERS PRE SCHOOL
Notes to the accounts (continued) for the year ended 31[st] August 2025
| 6. | Tangible fixed assets | ||
|---|---|---|---|
| equipment | |||
| Cost | |||
| as at 1stSeptember 2024 | £ 1,618 | ||
| additions | - | ||
| -------- | |||
| as at 31stAugust 2025 | £ 1,618 | ||
| -------- | |||
| Depreciation | |||
| as at 1stSeptember 2024 | 1,235 | ||
| charge for the year | 174 | ||
| -------- | |||
| as at 31stAugust 2025 | £ 1,409 | ||
| -------- | |||
| Net Book Values | |||
| 31stAugust 2025 | £ 209 | ||
| 1stSeptember 2024 | 383 | ||
| ------- | |||
| 2025 | 2024 | ||
| ------- | ------- | ||
| 7. | Debtors | ||
| Prepayments | 1,261 | 1,064 | |
| PAYE credit | - | - | |
| -------- | ------- | ||
| £ 1,261 | £ 1,064 | ||
| -------- | ------- | ||
| 8. | Creditors | ||
| Accruals | 3,648 | 2,203 | |
| Other creditors | 2,146 | 2,146 | |
| Pension | 369 | 327 | |
| PAYE | 1,554 | 730 | |
| -------- | ------- | ||
| £ 7,717 | £ 5,406 | ||
| -------- | ------- |
- Trustees
The trustees did not receive any remuneration nor were they paid any expenses.
9