## **Trustees’ Annual Report for the period 31 March 2024 to 31 March 2025** ## **Charity name: The Valley Preschool** ## **Charity registration number: 1200688** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The aims of the pre-school are to enhance
the development and education of local
children primarily under statutory school
age, also encouraging parents to
understand and provide for the needs of
their children.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The preschool offers appropriate play,
education and care facilities, family
learning and extended hours ensuring that
such opportunities are extended for all
children whatever their race, culture,
religion, means or ability.
We additionally encourage the study of the
needs of children and their families and
promote public interest in and recognition
of such needs within the local areas. As
part of this work we instigate and adhere to
the Statutory Framework for the Early
Years Foundation Stage.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have had regard to the
Charity Commission’s guidance on public
benefit.| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The primary focus for the period of this
report was to continue to focus on
providing a vibrant, fun and engaging
setting for the children in our care,
welcoming new children into the setting
and promoting positive working
relationships with their families, our
community and the children’s prospective
onward educational settings.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The preschool’s income for the period was
£112.7k and its expenditure was £88.5k.
The total assets at the year end amounted
to £170.1k.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The current Reserves Policy is attached to
this report.| |Amount of reserves held|Para 1.22|The balance in reserves at 31stMarch 2025
was £145.7k.| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| **Additional information (optional)** You may choose to include further statements where relevant about: ||The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The preschool receives the majority of its
income from fee and grant income and a
substantial amount of its annual outgoings
is on staffing costs. The preschool is
operating with a healthy reserve fund.
The net income from fundraising activities
for the year ending 31stMarch 2025 were
£4.4k.| |---|---|---|---| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|
Para 1.25|Constitution of a Charitable Incorporated
Organisation whose only voting members
are its charity trustees.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Provided Trustees are eligible for
Trusteeship in accordance with our
Constitution, Trustees are appointed by a
resolution passed at a properly convened
meeting of the charity trustees.| **Reference and Administrative details** |Charity name|The Valley Preschool| |---|---| |Other name the charity uses|N/A| |Registered charitynumber|1200688| |Charity’s principal address|Meonstoke Infant School
Chapel Road
Meonstoke
Southampton
SO32 3NJ| **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---| |Jessica Bassett||2024/2025 Fullyear|| |Gemma Ingham||Until 14/08/2024|| |Lynette Davis||2024/2025 Fullyear|| |Charlotte Chappell||2024/2025 Full Year|| |Charlotte Walls-
Hardiman||2023/2024 Full Year|| |Gavin McIntosh||From 27/06/2024|| |Gemma Dobson||From 10/02/2025|| ## **Name of trustees holding title to property belonging to the charity** |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N/A all assets are held by
the Charity directly.||| ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets **Exemptions from disclosure** **Reason for non-disclosure of key personnel details** N/A ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Charlotte Walls-Hardiman **Position (eg Secretary,** Chair **Chair, etc) Date** 16 January 2026 Lynette Davis Preschool Manager **THE VALLEY PRESCHOOL FOR THE YEAR TO 31 MARCH 25** **CHARITY: 1200688** |**FOR THE YEAR TO 31 MARCH 25**||||| |---|---|---|---|---| |**RECEIPTS & PAYMENTS ACCOUNT**
**Trading Activities**
**Receipts**
Fee & Grant Income
Bank Interest
**Payments**
Staffing Costs
Pension Contributions
Training
Payroll Administration
Cleaning
Accountancy
Consultancy
Telephone & Broadband
Building & PLA Insurance
Maintenance
Sanitary Bin Services
Contribution to Meonstoke School
Photocopying
Annual Fees & Subscriptions
Advertising
Supplies - Educational
Supplies - Other
Snacks - Children
Staff Refreshments
Bank Charges
**Net Receipts from Trading Activities**
**Fixed Contributions to Reserves**
Fundraising Reserve
Grant Reserve
Building Renewals Reserve
Asset Replacement Reserve
**Available Net Receipts from Trading Activities**
**Transactions through Reserves**
**Net Receipts into:**
Grant Reserve
Building Renewals Reserve
Fundraising Reserve
Asset Replacement Reserve
**Payments funded from:**
Grant Reserve
Building Renewals Reserve
Fundraising Reserve
Asset Replacement Reserve
**Total Net Receipts**
**STATEMENT OF ASSETS & LIABILITIES**
**Current Assets**
Savings Account
Building Renewals Reserve
Fundraising Reserve
Grant Reserve
Working Balance Reserve
Asset Replacement Reserve
General Reserve
Current Account - Lloyds
Current Account - co-operative
Petty Cash
**Net Assets**
**Reconciliation of Net Assets**
Opening Capital
Net Receipts
Roundings|**£**
107,695.35
667.95
**Ac**
**Period to**|**£**

108,363.30

84,064.96
**24,298.34**

4,500.00
**19,798.34**

8,878.19

4,411.77
**4,466.42**
**24,264.76**

145,667.81

24,385.39
54.29
**170,107.49**
145,842.73
24,264.76
**170,107.49**
**tual**
**31 Mar 25**|**£**
67,992.00
986.77
**Prior Ye**
**1 Aug 23 t**|**£**

68,978.77

61,695.44
**ar Actual**
**o 31 Mar 24**| ||70,227.07
1,505.26
522.60
1,411.32
1,538.28
1,920.00
0.00
680.84
2,656.68
160.00
106.55
0.00
0.00
1,149.38
256.80
389.56
891.26
392.52
45.38
211.46||42,770.26
617.76
1,234.41
860.46
843.92
1,260.00
0.00
453.56
1,598.55
284.50
106.55
8,505.50
62.82
1,303.11
136.06
468.06
656.69
303.73
22.00
207.50|| ||0.00
0.00
4,000.00
500.00||0.00
0.00
4,000.00
500.00|| |||||**7,283.33**

4,500.00| ||1,387.80
4,000.00
2,990.39
500.00||800.00
4,000.00
1,824.79
500.00|| |||||**2,783.33**

7,124.79

6,259.40| ||1,578.02
401.00
2,432.75
0.00||467.25
3,911.45
1,854.70
26.00|| ||72,321.92
12,977.42
2,464.44
35,898.45
11,434.85
10,570.73||68,722.92
12,419.78
2,654.66
34,196.67
10,934.85
9,253.46|| |||||**865.39**| |||||**3,648.72**| |||||138,182.34

7,579.34
81.05| ||0.00
24,385.39||7,579.34|| |||||| |||||**145,842.73**| |||||142,194.01
3,648.72| |||||**145,842.73**|