Charity registration number: 1188972
**ILKETSHALL ST LAWRENCE PRE-SCHOOL TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **Ilketshall St Lawrence Pre-School Contents**
||**Page**|
|---|---|
|Trustees' Report|1—3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Comparative Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Notes to the Financial Statements|8—13|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|14—15|
**Ilketshall St Lawrence Pre-School**
## **Trustees' Report For The Year Ended 31 August 2025**
The trustees present their report and the financial statements for the year ended 31 August 2025.
## **Objectives and Activities**
## **Aims and Objectives**
Developing and educating children and young people.
## **Public Benefit**
The charity works for the public benefit having as its objects the development and education of children and young people in particular by:
- (1) promoting their care and safety;
- (2) promoting their education and promoting parental involvement;
- (3) promoting their health and wellbeing;
- (4) providing services to support them and their families and carers;
- (5) providing services to individuals holding membership of the CIO; and
- (6) furthering the aims of the Pre-school Learning Alliance.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Financial Review**
## **Financial Position**
This academic year, we have focused on strengthening financial governance and ensuring sustainable operations. Our primary objectives were to maintain transparency, protect our financial position, and support fair compensation practices.
1. Cashflow Management We have implemented a comprehensive cashflow framework to:
- Provide management with confidence in operating within our financial means.
- Enable detailed analysis of costs, ensuring visibility of both income and expenditure throughout the year.
- Safeguard the organization’s financial position by proactively monitoring trends and variances.
2. Pay Framework Introduction To promote fairness and clarity in staff compensation, we introduced a structured pay framework. This initiative ensures:
- Staff are paid equitably based on defined levels within the organization.
- Transparency in pay scales, fostering trust and alignment with organisational values.
3. Financial Position and Annual Accounts Our Profit & Loss for this financial year was very nearly balanced. This reflects careful management of income and expenditure throughout the year, but reminds us how strict we must be with spending.
We will need to appoint an external firm to complete the annual accounts, as there is currently no expertise within the committee. This is an additional cost that needs to be factored in. We would welcome interest from anyone within the community who has the necessary skills and could take on this role in the future, helping us reduce accountancy costs and reinvest those savings into our core activities.
4. Looking Ahead We will continue to monitor cashflow and costs, and work on improving our systems. As a non-profit, keeping our costs down is critical, alongside fundraising and raising awareness of our non-profit status in the community to gain additional support for the setting.
Page 1
**Ilketshall St Lawrence Pre-School Trustees' Report (continued) For The Year Ended 31 August 2025**
## **Reference and Administrative Details**
## **Trustees**
Mrs E Shearing - Treasurer (appointed 16/09/2024) Mr G Mison - Chair (appointed 16/09/2024) Mrs E Watkin (appointed 16/09/2024) Mrs C Webb
## **Charity Number**
1188972
## **Principal Address**
Ilketshall St Lawrence Pre-School Hogg Lane Ilketshall St Lawrence Suffolk NR34 8ND
## **Independent Examiner**
J van Dijk Van Dijk Accountants 11 Trinity Street Bungay Suffolk NR35 1EH
Page 2
## **Ilketshall St Lawrence Pre-School Trustees' Report (continued) For The Year Ended 31 August 2025**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr G Mison Trustee 17/06/2026
Page 3
## **Ilketshall St Lawrence Pre-School Independent Examiner's Report to the Trustees of Ilketshall St Lawrence Pre-School For The Year Ended 31 August 2025**
I report to the trustees on my examination of the accounts of Ilketshall St Lawrence Pre-School (the Trust) for the year ended 31 August 2025.
## **Responsibilities and Basis of Report**
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 in connection 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 contents 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J van Dijk 17/06/2026 11 Trinity Street Bungay Suffolk NR35 1EH
Page 4
## **Ilketshall St Lawrence Pre-School Statement of Financial Activities For The Year Ended 31 August 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable Activities
Investments
**4**
Other
**5**
**EXPENDITURE ON:**
Charitable activities:
**7**
Charitable Activities
**NET (EXPENDITURE)/INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**15**|**2025**
**Unrestricted**
**funds**
**£**
26
85,305
428
7,713|**2024**
**Total**
**funds**
**£**
1,865
94,942
462
427|
|---|---|---|
||93,472|97,696|
||(99,358)|(97,270)|
||(5,886)|426|
||(5,886)
108,982|426
108,556|
||103,096|108,982|
The notes on pages 8 to 13 form part of these financial statements.
Page 5
## **Ilketshall St Lawrence Pre-School Comparative Statement of Financial Activities For The Year Ended 31 August 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable Activities
Investments
**4**
Other
**5**
**EXPENDITURE ON:**
Charitable activities:
**7**
Charitable Activities
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**15**|**Unrestricted**
**funds**
**£**
865
94,942
462
427|**Restricted**
**funds**
**£**
1,000
-
-
-|**2024**
**Total**
**funds**
**£**
1,865
94,942
462
427|
|---|---|---|---|
||96,696|1,000|97,696|
||(96,270)|(1,000)|(97,270)|
||426|-|426|
||426
108,556|-
-|426
108,556|
||108,982|-|108,982|
The notes on pages 8 to 13 form part of these financial statements.
Page 6
## **Ilketshall St Lawrence Pre-School Statement of Financial Position As At 31 August 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**12**
**CURRENT ASSETS**
Debtors
**13**
Cash at bank and in hand
**Creditors: Amounts Falling Due**
**Within One Year**
**14**
**NET CURRENT ASSETS**
**(LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**15**|**Unrestricted**
**funds**
**£**
67,292|**Restricted**
**funds**
**£**
-|**2025**
**Total**
**funds**
**£**
67,292|**2024**
**Total**
**funds**
**£**
74,400|
|---|---|---|---|---|
||67,292
814
36,270|-
-
-|67,292
814
36,270|74,400
539
34,043|
||37,084
(1,280)|-
-|37,084
(1,280)|34,582
-|
||35,804|-|35,804|34,582|
||103,096|-|103,096|108,982|
||103,096|-|103,096|108,982|
||||103,096|108,982|
||||103,096|108,982|
On behalf of the board
Mr G Mison
Trustee 17/06/2026
The notes on pages 8 to 13 form part of these financial statements.
Page 7
**Ilketshall St Lawrence Pre-School Notes to the Financial Statements For The Year Ended 31 August 2025**
## 1. **General Information**
Ilketshall St Lawrence Pre-School is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1188972. The principal address is Ilketshall St Lawrence Pre-School, Hogg Lane, Ilketshall St Lawrence, Suffolk, NR34 8ND.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## 2.3. **Resources Expended**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 20 years straight line Fixtures & Fittings 5 years straight line Computer Equipment 5 years straight line
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
Page 8
## **Ilketshall St Lawrence Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
|**2025**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
Donations and gifts
26
-
26
**2024**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
Donations and gifts
865
1,000
1,865
4.
**Investment Income**
**2025**
**2024**
**Unrestricted Unrestricted**
**funds**
**funds**
**£**
**£**
Bank interest receivable
428
462
5.
**Other Income**
**2025**
**2024**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
Sales of clothing
142
320
Other income
7,571
107
7,713
427
6.
**Net Income/(Expenditure)**
The net (expenditure)/income is stated after charging/(crediting):
**2025**
**2024**
**£**
**£**
Depreciation of tangible fixed assets - owned
7,108
6,046|**Unrestricted **
**funds**
**£**
26|**Restricted**
**funds**
**£**
-|**2025**
**Total**
**funds**
**£**
26|
|---|---|---|---|
||**Unrestricted **
**funds**
**£**
865|**Restricted**
**funds**
**£**
1,000|**2024**
**Total**
**funds**
**£**
1,865|
Page 9
## **Ilketshall St Lawrence Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 7. **Analysis of Expenditure**
|7.
**Analysis of Expenditure**||||
|---|---|---|---|
|Charitable Activities
Charitable Activities
8.
**Support Costs**
Employee costs
Premises expenses
General administration
Depreciation
Interest payable
Employee costs
Premises expenses
General administration
Depreciation
Interest payable|**Activities**
**undertaken**
**directly**
**£**
3,563|**Support**
**costs**
(see note
8)
**£**
95,795|**2025**
**Total**
**£**
99,358|
||**Activities**
**undertaken**
**directly**
**£**
3,736|**Support**
**costs**
(see note
8)
**£**
93,534|**2024**
**Total**
**£**
97,270|
||||**2025**
**Charitable**
**Activities**
**£**
76,595
6,172
5,860
7,108
60|
||||95,795|
||||**2024**
**Charitable**
**Activities**
**£**
74,653
5,893
6,882
6,046
60|
||||93,534|
Page 10
**Ilketshall St Lawrence Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 9. **Independent Examiner's Remuneration**
|Independent examination of the financial statements
10.
**Staff Costs**
Staff costs were as follows:
Wages and salaries|**2025**
**£**
600
**2025**
**£**
75,715|**2024**
**£**
-|
|---|---|---|
|||**2024**
**£**
73,343|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## 11. **Average Number of Employees**
Average number of employees during the year was: 5 (2024: 5)
## 12. **Tangible Assets**
## **Land & Property**
|**Cost**
As at 1 September 2024
As at 31 August 2025
**Depreciation**
As at 1 September 2024
Provided during the period
As at 31 August 2025
**Net Book Value**
As at 31 August 2025
As at 1 September 2024|**Freehold**
**£**
80,948|**Fixtures &**
**Fittings**
**£**
11,480|**Computer**
**Equipment**
**£**
3,827|**Total**
**£**
96,255|
|---|---|---|---|---|
||80,948|11,480|3,827|96,255|
||16,188
4,047|3,340
2,296|2,327
765|21,855
7,108|
||20,235|5,636|3,092|28,963|
||60,713|5,844|735|67,292|
||64,760|8,140|1,500|74,400|
Page 11
## **Ilketshall St Lawrence Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
|13.
**Debtors**
**Due within one year**
Other debtors
14.
**Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income
15.
**Movement in Funds**
**As at 1**
**September**
**2024**
**£**
**Unrestricted funds**
General:
General unrestricted fund
108,982
**Total funds**
108,982
**As at 1**
**September**
**2023**
**£**
**Unrestricted funds**
General:
General unrestricted fund
108,556
**Restricted funds**
Restricted funds
-
**Total funds**
108,556|13.
**Debtors**
**Due within one year**
Other debtors
14.
**Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income
15.
**Movement in Funds**
**As at 1**
**September**
**2024**
**£**
**Unrestricted funds**
General:
General unrestricted fund
108,982
**Total funds**
108,982
**As at 1**
**September**
**2023**
**£**
**Unrestricted funds**
General:
General unrestricted fund
108,556
**Restricted funds**
Restricted funds
-
**Total funds**
108,556|**Income**
**£**
93,472|**2025**
**£**
814
**2025**
**£**
1,280
**Expenditure**
**£**
(99,358)|**2024**
**£**
539|
|---|---|---|---|---|
|||||**2024**
**£**
-|
|||||**As at 31**
**August**
**2025**
**£**
103,096|
||108,982|93,472|(99,358)|103,096|
||**As at 1**
**September**
**2023**
**£**
108,556
-|**Income**
**£**
96,696
1,000|**Expenditure**
**£**
(96,270)
(1,000)|**As at 31**
**August**
**2024**
**£**
108,982
-|
||108,556|97,696|(97,270)|108,982|
## 16. **Transactions with Trustees**
G Mison received 2025: £650 (2024: £0) for his hours spent providing childcare services to ensure the charity remained in adult to child ratio as per EYFS guidance.
No trustee expenses have been incurred.
Page 12
## **Ilketshall St Lawrence Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 17. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure, except for those disclosed in the Transactions with Trustees note.
Page 13
## **Ilketshall St Lawrence Pre-School Detailed Statement of Financial Activities For The Year Ended 31 August 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Charitable Activities:**
**Charitable Activities**
Income from charitable activities
**Investments**
Bank interest receivable
**Other**
Sales of clothing
Other income
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable Activities**
Purchases
Wages and salaries
Staff training
Uniform
Utilities
Cleaning and maintenance
Insurance
Printing, postage and stationery
Independent examiner's fees
Subscriptions
Snacks
Sundry
Depreciation of fixtures and fittings
Depreciation of computer equipment|**2025**
**Total**
**funds**
**£**
26|
|---|---|
||26
85,305|
||85,305
428|
||428
142
7,571|
||7,713|
Page 14
## **Ilketshall St Lawrence Pre-School Detailed Statement of Financial Activities (continued) For The Year Ended 31 August 2025**
|Depreciation of freehold land and property
Bank charges
**NET (EXPENDITURE)/INCOME**|(4,047)
(60)|(4,047)
(60)|
|---|---|---|
||(99,358)|(97,270)|
||(99,358)|(97,270)|
||(5,886)|426|
Page 15