**Treasurer’s Report AGM 25[th] February 2026**
## **Lindley Pre-school CIO**
## **– Financial Year 1[st] September 2024 31[st] August 2025**
The accounts for the year have been independently audited by an Accountant, and all figures below relate to the figures submitted in the final accounts for the year which have been emailed to all committee members before the AGM.
## **INCOME**
Total income for the year was £330,177.
The main source of income came from NEF funding which was £251,356 for the year (an increase of £35,500 from 2023/24). The main reason for the rise in NEF is due to more families accessing the 30 hours working families funding.
Income with regards to fees was £44,904 (£4,982 less than in 2023/24). More families have been accessing funding so fees are reduced. Most families are now paying a consumable contribution.
SEN income of £23,765 was received (a decrease of £15,792 from 2023/24).
## **EXPENDITURE**
Total expenditure for the year was £303,334.
The main item of expenditure for the year was with regards to wages (£228,245) and increase of £3,620 from 2023/24.
Our rent for the year was £31,641 (an increase of £1,092 from 2023/24).
Resources - £16,712 – many new resources purchased for the new baby room opening in 2025/26.
Trips and Entertainment - £2,132 – We paid for every preschool child to visit Swithens Farm in July. We funded family events during the year such as Mother’s Day / Father’s Day, Christmas Party and Graduation ceremony.
Staff Wellbeing - £3,211 – Made up of Christmas and year end meal and flowers and gifts to mark special events.
Repairs and Maintenance – £2,800 towards work done on new baby room (carpets and decorating)
Other items of expenditure have been largely the same as in previous years.
**SUMMARY**
Lindley Pre-school CIO has had another healthy year financially. We closed the year with a balance of £183,998 in the bank accounts taking into account accruals and creditors.
Due to the nature of our business and the uncertainty surrounding occupancy we need to have healthy reserves to be able to avoid redundancies for our permanent staff where we might have a drop in numbers, hence drop-in fees and funding for a length of time. We ideally need to keep a term’s running costs in reserve, and based on last year’s figures, a term’s running costs would be about £110,000. Based on our reserves policy and funds available we therefore need to consider using the extra funds to further our charity’s objectives.
The following proposals could be considered:-
**Opening to Younger children (9 months)** – We will not be running at a surplus for our youngest children yet so some of the surplus is offsetting this loss.
**Upstairs work** – We would need to look into budgeting for changes to the kitchen area.
**Staff Training** – Discuss with manager.
**Finance software** – Our Treasurer/Business Support Officer has historically used a number of different excel spreadsheets to monitor finances, wages, raise invoices and all have been set up from scratch – the length of time needed to do this increases each year. We could look at purchasing a financial package specifically tailored for an Early Years setting that could then be used by other members of the charity once Karen retires.
## **Staffing** – We
**Fee and consumable charge changes from September 2026 -** We are awaiting the Kirklees funding rates
**Staff sickness pay** – We could give an additional benefit to staff based on years of service on top of SSP.
**Company Number:**
**CE020832**
## **LINDLEY PRESCHOOL CIO**
**ACCOUNTS**
**YEAR ENDED 31 AUGUST 2025**
## **LINDLEY PRESCHOOL CIO**
||**Information**|
|---|---|
|Trustees|Erica Wood (Chair)|
||Karen Marsden (Treasurer)|
||Sally Blake|
||Katharine Johnson|
||Loren Rayner|
|Charity number|1188143|
|Company number|CE020832|
|Business Address|Lindley Methodist Church Centre|
||East Street|
||Lindley|
||Huddersfield|
||HD3 3ND|
|Accountant|Hodgson Hey Limited|
||Heritage Exchange|
||South Lane|
||Elland|
||HX5 0HG|
|Bankers|HSBC Bank PLC|
||2 Cloth Hall Street|
||Huddersfield|
||HD1 2ES|
## **LINDLEY PRESCHOOL CIO**
## **Contents**
||**Page**|
|---|---|
|Independent Examiner's Report to the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Bank Reconciliation|4|
|Notes|5|
## **LINDLEY PRESCHOOL CIO**
## **Independent Examiner's Report to the Trustees**
We are reporting on the accounts of the charity for the year ended 31 August 2025, which are set out on pages 2, 3 and 4.
## **Respective Responsibilities of the Trustees and the Independent Examiner**
As trustees' of the charity you are responsible for the preparation of the accounts; you consider that the audit requirement section 145 Charities Act 2011 (the act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 145 (5)(b) of the Act, whether particular matters have come to our attention during the course of the work undertaken.
## **Basis of 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 explanation 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 we do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to our attention:
- 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 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Hodgson Hey Limited Chartered Certified Accountants Heritage Exchange South Lane Elland HX5 0HG
Date………………………………………………
Page 1
## **LINDLEY PRESCHOOL CIO**
## **Statement of Financial Activities For the Year Ended 31 August 2025**
|**Income**
Fundraising
Fees
Grants - Apprenticeship
Grants - NEF
Grants - SEN
Grants - other
Bank Interest
Donations
**Expenditure**
Wages and Salaries
Admin costs
Rent Payable
Printing, Postage, Stationery
Resources
Website Costs
Trips and Entertainment
Domestic Supplies
Snack and Refreshments
Staff Wellbeing and Gifts
Training
Licences, Memberships and Insurance
Accountancy
Professional fees
Bank charges
Repairs and maintenance
Sundry Expenses
**Surplus for the Year**|**£**
**£**
352
44,904
-
251,356
23,765
7,550
2,250
-
330,177
228,245
7,875
31,641
508
16,712
504
2,132
2,093
2,884
3,211
1,105
2,689
510
361
64
2,800
-
303,334
26,843
**2025**|**£**
**£**
681
49,886
1,500
215,856
39,555
-
2,398
-
309,876
224,625
7,344
30,549
848
8,757
504
1,974
2,939
2,741
2,431
1,050
2,291
480
349
28
2,770
-
289,680
20,196
**2024**|
|---|---|---|
We approve these accounts and confirm that we have made available all relevant records and information for their preparation
Signed on Behalf of Committee Members ...............................................................
Date ..........................................................
Page 2
## **LINDLEY PRESCHOOL CIO**
## **Balance Sheet as at 31 August 2025**
|**Fixed Assets**
Equipment
**Current Assets**
Prepayments and accrued income
Cash at Bank
Cash in Hand
**Current Liabilities**
Creditors:
Wages
HMRC
Accruals
Accountancy
Resources
Decorating
Website
Fees refunded in September
Fees and deposits paid in advance
**Net Current Assets**
**Total Assets**
**Capital Account**
Balance B/fwd
Surplus for the Year|**£**
**£**
-
-
183,998
-
183,998
(10,594)
(835)
(450)
(5,000)
(2,800)
(504)
-
(849)
(21,032)
162,966
162,966
136,123
26,843
162,966
**2025**|**£**
**£**
-
-
153,666
-
153,666
(10,530)
(3,663)
(450)
(2,000)
-
-
(900)
-
(17,543)
136,123
136,123
115,927
20,196
136,123
**2024**|
|---|---|---|
We approve these accounts and confirm that we have made available all relevant records and information for their preparation
Signed on Behalf of Committee Members ...............................................................
Date ..........................................................
Page 3
## **LINDLEY PRESCHOOL CIO**
## **Bank Reconciliation as at 31 August 2025**
|Opening Balace per Accounts 1 September 2024
Total Income For Year
Total Expenses For Year
**Closing Balance per Cash Book 31 August 2025**
**Lindley Preschool CIO bank accounts as at 31 August 2025**
Pre-school BMM Account
Pre-school Business Account|**£**
153,666
333,418
(303,086)
183,998
**£**
125,739
58,259
183,998|
|---|---|
Page 4
## **LINDLEY PRESCHOOL CIO**
## **Notes To The Financial Statements For the Year Ended 31 August 2025**
## **Recommendation**
We have prepared the year end accounts for Lindley Preschool CIO using the spreadsheets and documents available. We found the information contained within them to be good with the appropriate details provided in order to find the relevant invoice, cheque stub or paying-in voucher.
We have no major concerns about the accounting procedures. However as a matter of good governance we would recommend a regular review of the systems and controls in place regarding the accounting and bookkeeping.
## **Notes to the Accounts**
We have provided comparative figures in the accounts for your information so that an appropriate analytical review can be done at the meeting.
Page 5
**Company Number:**
**CE020832**
## **LINDLEY PRESCHOOL CIO**
**ACCOUNTS**
**YEAR ENDED 31 AUGUST 2025**
## **LINDLEY PRESCHOOL CIO**
||**Information**|
|---|---|
|Trustees|Erica Wood (Chair)|
||Karen Marsden (Treasurer)|
||Sally Blake|
||Katharine Johnson|
||Loren Rayner|
|Charity number|1188143|
|Company number|CE020832|
|Business Address|Lindley Methodist Church Centre|
||East Street|
||Lindley|
||Huddersfield|
||HD3 3ND|
|Accountant|Hodgson Hey Limited|
||Heritage Exchange|
||South Lane|
||Elland|
||HX5 0HG|
|Bankers|HSBC Bank PLC|
||2 Cloth Hall Street|
||Huddersfield|
||HD1 2ES|
## **LINDLEY PRESCHOOL CIO**
## **Contents**
||**Page**|
|---|---|
|Independent Examiner's Report to the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Bank Reconciliation|4|
|Notes|5|
## **LINDLEY PRESCHOOL CIO**
## **Independent Examiner's Report to the Trustees**
We are reporting on the accounts of the charity for the year ended 31 August 2025, which are set out on pages 2, 3 and 4.
## **Respective Responsibilities of the Trustees and the Independent Examiner**
As trustees' of the charity you are responsible for the preparation of the accounts; you consider that the audit requirement section 145 Charities Act 2011 (the act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 145 (5)(b) of the Act, whether particular matters have come to our attention during the course of the work undertaken.
## **Basis of 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 explanation 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 we do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to our attention:
- 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 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Hodgson Hey Limited Chartered Certified Accountants Heritage Exchange South Lane Elland HX5 0HG
Date………………………………………………
Page 1
## **LINDLEY PRESCHOOL CIO**
## **Statement of Financial Activities For the Year Ended 31 August 2025**
|**Income**
Fundraising
Fees
Grants - Apprenticeship
Grants - NEF
Grants - SEN
Grants - other
Bank Interest
Donations
**Expenditure**
Wages and Salaries
Admin costs
Rent Payable
Printing, Postage, Stationery
Resources
Website Costs
Trips and Entertainment
Domestic Supplies
Snack and Refreshments
Staff Wellbeing and Gifts
Training
Licences, Memberships and Insurance
Accountancy
Professional fees
Bank charges
Repairs and maintenance
Sundry Expenses
**Surplus for the Year**|**£**
**£**
352
44,904
-
251,356
23,765
7,550
2,250
-
330,177
228,245
7,875
31,641
508
16,712
504
2,132
2,093
2,884
3,211
1,105
2,689
510
361
64
2,800
-
303,334
26,843
**2025**|**£**
**£**
681
49,886
1,500
215,856
39,555
-
2,398
-
309,876
224,625
7,344
30,549
848
8,757
504
1,974
2,939
2,741
2,431
1,050
2,291
480
349
28
2,770
-
289,680
20,196
**2024**|
|---|---|---|
We approve these accounts and confirm that we have made available all relevant records and information for their preparation
Signed on Behalf of Committee Members ...............................................................
Date ..........................................................
Page 2
## **LINDLEY PRESCHOOL CIO**
## **Balance Sheet as at 31 August 2025**
|**Fixed Assets**
Equipment
**Current Assets**
Prepayments and accrued income
Cash at Bank
Cash in Hand
**Current Liabilities**
Creditors:
Wages
HMRC
Accruals
Accountancy
Resources
Decorating
Website
Fees refunded in September
Fees and deposits paid in advance
**Net Current Assets**
**Total Assets**
**Capital Account**
Balance B/fwd
Surplus for the Year|**£**
**£**
-
-
183,998
-
183,998
(10,594)
(835)
(450)
(5,000)
(2,800)
(504)
-
(849)
(21,032)
162,966
162,966
136,123
26,843
162,966
**2025**|**£**
**£**
-
-
153,666
-
153,666
(10,530)
(3,663)
(450)
(2,000)
-
-
(900)
-
(17,543)
136,123
136,123
115,927
20,196
136,123
**2024**|
|---|---|---|
We approve these accounts and confirm that we have made available all relevant records and information for their preparation
Signed on Behalf of Committee Members ...............................................................
Date ..........................................................
Page 3
## **LINDLEY PRESCHOOL CIO**
## **Bank Reconciliation as at 31 August 2025**
|Opening Balace per Accounts 1 September 2024
Total Income For Year
Total Expenses For Year
**Closing Balance per Cash Book 31 August 2025**
**Lindley Preschool CIO bank accounts as at 31 August 2025**
Pre-school BMM Account
Pre-school Business Account|**£**
153,666
333,418
(303,086)
183,998
**£**
125,739
58,259
183,998|
|---|---|
Page 4
## **LINDLEY PRESCHOOL CIO**
## **Notes To The Financial Statements For the Year Ended 31 August 2025**
## **Recommendation**
We have prepared the year end accounts for Lindley Preschool CIO using the spreadsheets and documents available. We found the information contained within them to be good with the appropriate details provided in order to find the relevant invoice, cheque stub or paying-in voucher.
We have no major concerns about the accounting procedures. However as a matter of good governance we would recommend a regular review of the systems and controls in place regarding the accounting and bookkeeping.
## **Notes to the Accounts**
We have provided comparative figures in the accounts for your information so that an appropriate analytical review can be done at the meeting.
Page 5