REGISTERED COMPANY NUMBER: CE029427 (England and Wales) REGISTERED CHARITY NUMBER: 1199313
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2025
for
Parkgate Pre-School
Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
Parkgate Pre-School
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 | to | 6 |
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
Parkgate Pre-School
Report of the Trustees
for the Year Ended 31 August 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES Objectives and aims
Parkgate Pre-School cares for local children between the ages of two and four. It operates during term time Monday to Friday between 8.50am and 3.20pm with a lunch club bridging the morning and afternoon sessions. It is Ofsted registered and accommodates 24 children per session. The daily structure operates within the Early Year's Foundation Stage (EYFS).
The charitable activities previously undertaken by Parkgate Pre-School (registered charity number: 1133164), together with net assets, were transferred on 25 November 2022 to the recently formed Charitable Incorporated Organisation also known as Parkgate Pre-School.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE029427 (England and Wales)
Registered Charity number
1199313
Registered office
Parkgate County Primary School Brooklands Road Parkgate Cheshire CH64 6SW
Trustees
N G Savage (resigned 16/10/24) H J Yuregir (resigned 16/10/24) A Young (resigned 16/10/24) S Davies (resigned 30/4/25) G R Thompson H Woolley (appointed 16/10/24) K Lynch (appointed 30/4/25) (resigned 5/3/26) K Annakin (appointed 5/3/26)
Page 1
Parkgate Pre-School
Report of the Trustees for the Year Ended 31 August 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
A M Bagnall FCA Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
Approved by order of the board of trustees on 5 March 2026 and signed on its behalf by:
G R Thompson - Trustee
Page 2
Independent Examiner's Report to the Trustees of Parkgate Pre-School
Independent examiner's report to the trustees of Parkgate Pre-School ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
A M Bagnall FCA The Institute of Chartered Accountants in England and Wales
Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
5 March 2026
Page 3
Parkgate Pre-School
Statement of Financial Activities
for the Year Ended 31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | |||
| fund | Total funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Charitable activities | |||
| Grants and admissions | 93,970 | 122,135 | |
| Other trading activities | 2 | 1,084 | 1,612 |
| Total | 95,054 | 123,747 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Support costs | 102,863 | 95,648 | |
| Other | 10,882 | 10,083 | |
| Total | 113,745 | 105,731 | |
| NET INCOME/(EXPENDITURE) | (18,691) | 18,016 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 57,022 | 39,006 | |
| TOTAL FUNDS CARRIED FORWARD | 38,331 | 57,022 |
The notes form part of these financial statements
Page 4
Parkgate Pre-School
Balance Sheet
31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | |||
| fund | Total funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 7 | 19,283 | 21,486 |
| CURRENT ASSETS | |||
| Prepayments and accrued income | 150 | 413 | |
| Cash at bank | 20,082 | 36,315 | |
| 20,232 | 36,728 | ||
| CREDITORS | |||
| Amounts falling due within one year | 8 | (1,184) | (1,192) |
| NET CURRENT ASSETS | 19,048 | 35,536 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 38,331 | 57,022 | |
| NET ASSETS | 38,331 | 57,022 | |
| FUNDS | 9 | ||
| Unrestricted funds | 38,331 | 57,022 | |
| TOTAL FUNDS | 38,331 | 57,022 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Parkgate Pre-School
Balance Sheet - continued 31 August 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 5 March 2026 and were signed on its behalf by:
K Annakin - Trustee
The notes form part of these financial statements
Page 6
Parkgate Pre-School
Notes to the Financial Statements
for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Play equipment - at varying rates on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
Parkgate Pre-School
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
2. OTHER TRADING ACTIVITIES
| Fundraising events NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases |
2025 £ 1,084 2025 £ 2,203 1,123 |
2024 £ 1,612 |
|---|---|---|
| 2024 £ 1,789 1,002 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Teachers No employees received emoluments in excess of £60,000. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Charitable activities Grants and admissions Other trading activities Total EXPENDITURE ON Charitable activities Support costs Other |
2025 2024 7 7 Unrestricted fund £ 122,135 1,612 123,747 95,648 10,083 |
|---|---|
continued...
Page 8
Parkgate Pre-School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| Total | 105,731 | |
| NET INCOME | 18,016 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 39,006 | |
| TOTAL FUNDS CARRIED FORWARD | 57,022 | |
| 7. | TANGIBLE FIXED ASSETS | |
| Play | ||
| equipment | ||
| £ | ||
| COST | ||
| At 1 September 2024 and 31 August 2025 | 24,519 | |
| DEPRECIATION | ||
| At 1 September 2024 | 3,033 | |
| Charge for year | 2,203 | |
| At 31 August 2025 | 5,236 | |
| NET BOOK VALUE | ||
| At 31 August 2025 | 19,283 | |
| At 31 August 2024 | 21,486 |
continued...
Page 9
Parkgate Pre-School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Accrued expenses | 1,184 | 1,192 | ||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | ||||
| At 1.9.24 | in funds | At 31.8.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 57,022 | (18,691) | 38,331 | |
| TOTAL FUNDS | 57,022 | (18,691) | 38,331 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 95,054 | (113,745) | (18,691) | |
| TOTAL FUNDS | 95,054 | (113,745) | (18,691) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | ||||
| At 1.9.23 | in funds | At 31.8.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 39,006 | 18,016 | 57,022 | |
| TOTAL FUNDS | 39,006 | 18,016 | 57,022 |
continued...
Page 10
Parkgate Pre-School
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:
| Incoming Resources Movement resources expended in funds £ £ £ Unrestricted funds General fund 123,747 (105,731) 18,016 TOTAL FUNDS 123,747 (105,731) 18,016 A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.9.23 in funds At 31.8.25 £ £ £ Unrestricted funds General fund 39,006 (675) 38,331 TOTAL FUNDS 39,006 (675) 38,331 |
Incoming Resources Movement resources expended in funds £ £ £ Unrestricted funds General fund 123,747 (105,731) 18,016 TOTAL FUNDS 123,747 (105,731) 18,016 A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.9.23 in funds At 31.8.25 £ £ £ Unrestricted funds General fund 39,006 (675) 38,331 TOTAL FUNDS 39,006 (675) 38,331 |
Incoming Resources Movement resources expended in funds £ £ £ Unrestricted funds General fund 123,747 (105,731) 18,016 TOTAL FUNDS 123,747 (105,731) 18,016 A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.9.23 in funds At 31.8.25 £ £ £ Unrestricted funds General fund 39,006 (675) 38,331 TOTAL FUNDS 39,006 (675) 38,331 |
|---|---|---|
| 18,016 | ||
| 31.8.25 £ 38,331 |
||
| 38,331 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 218,801 | (219,476) | (675) |
| TOTAL FUNDS | 218,801 | (219,476) | (675) |
continued...
Page 11
Parkgate Pre-School
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 12
Parkgate Pre-School
Detailed Statement of Financial Activities
| INCOME AND ENDOWMENTS Other trading activities Fundraising events Charitable activities Fees from parents LEA grant Total incoming resources EXPENDITURE Other Rent Snacks and toys etc Courses and DBS Sanitary goods and uniforms Paints etc (Ypo) General repairs and maintenance Play equipment Support costs Management Wages Social security Pensions General rates and water Telephone Sundries School cleaner cost Website design and maintenance Stationery Finance Bank charges Governance costs Accountancy |
for the Year Ended 31 August 2025 | 2025 £ 1,084 25,406 68,564 93,970 95,054 1,123 1,753 2,103 1,325 231 226 2,203 8,964 95,286 684 2,726 1,153 1,052 164 986 740 72 102,863 60 1,858 |
2024 £ 1,612 49,417 72,718 |
|---|---|---|---|
| 122,135 | |||
| 123,747 1,002 1,086 2,423 638 372 743 1,789 |
|||
| 8,053 87,120 - 2,614 829 101 215 3,026 1,501 242 |
|||
| 95,648 62 1,968 |
This page does not form part of the statutory financial statements
Page 13
Parkgate Pre-School
| Total resources expended Net (expenditure)/income |
Detailed Statement of Financial Activities for the Year Ended 31 August 2025 |
2025 £ 113,745 (18,691) |
2024 £ |
|---|---|---|---|
| 105,731 | |||
| 18,016 |
This page does not form part of the statutory financial statements
Page 14