## **Oakley Kindergarten**
Report and Accounts 31 December 2024
(Registered Charity No 1201886)
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## _Oakley Kindergarten_
|**CONTENTS**||
|---|---|
|CHARITY INFORMATION|3|
|TRUSTEES REPORT|4 – 6|
|INDEPENDENT EXAMINER’S REPORT|7|
|STATEMENT OF FINANCIAL ACTIVITIES|8|
|BALANCE SHEET|9|
|NOTES TO THE FINANCIAL STATEMENTS|10 - 15|
2
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **TRUSTEES**
The trustees at the start of the charity at midnight on 29 February 2024 were as follows:
_Appointed 21 September 2022 and Resigned 6 March 2024:_ Kara Lawrence (Chairperson) Laura Greenslade (Vice Chair) Sarah Willis (Treasurer) Bobbie Worker (Secretary) Sara Ashby Patrick Knight Jenny Goodall Sally Martiello (Manager)
_Appointed 6 March 2024:_ Patrick Knight Amy Bowles Zoe Sparrow Madelaine Seager Sally Martiello (Manager) Dianne Todd (Deputy Manager) : _Resigned 9 August 2024_
## **INDEPENDENT EXAMINER**
Louise Tunley FCA CTA DchA Monico Tunley Limited 19 Goldington Road Bedford MK40 3JY
## **BANKERS**
Nat West Bank plc 81 High Street Bedford MK40 1NE
## **KINDERGARTEN MANAGER**
Mrs S Martiello BEM 24 High Street Oakley Bedfordshire MK43 7SG
## **CHARITY’S PRINCIPAL ADDRESS**
Chapel Pound Oakley Bedfordshire MK43 7RQ
3
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **OAKLEY KINDERGARTEN**
The trustees present their report with the financial statements of the charity for the 10-month period ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and the Charities Statement of Recommended Practice (second edition) and Financial Reporting Standard FRS 102.
The kindergarten is a Charitable Incorporated Charity ICIO) registered on 9 February 2023 and started operating on 1 March 2024.
The CIO is run by trustees which include parents/carers attending the group.
## **RESULTS**
The total funds result of £127,368.42, of which (£16,257.49) related to restricted funds.
The unrestricted funds is in profit by £143,625.91.
## **AIMS & GOVERNING DOCUMENT**
Oakley Kindergarten operates under the Pre-School Learning Alliance Model CIO Constitution for Childcare Providers 2013. The aims of the kindergarten are:
- (a) to enhance the development and education of children under statutory school age, in a parent participating community-based group.
- (b) to provide a safe, secure and stimulating environment.
- (c) to work within a framework that ensures equality of opportunity for all children and families.
We have a team of qualified staff and ensure all training needs are met through regular personal development opportunities. The significant expense of kindergarten is staff wages. These are described more fully in note 3 of these accounts.
Oakley Kindergarten believes in learning through play. We promote child-led learning and adults in the setting support children when they first show curiosity, by seizing the moment and supporting their next steps immediately. Planning in the Moment with young children maintains a strong link to practice providing rich adult-child interactions in everyday practice.
The children are happy, engaged and truly involved. They gain independence, resilience and show an excitement for learning safe in the knowledge that the adults will follow their lead.
Each day throughout the play session we operate ‘free flow play’ between the inside and outside environment. Children become most deeply engaged when they have autonomy as they are pursuing their own interests in an environment that allows them to be creative, take risks and challenge themselves in their endeavours.
In setting the charity’s objectives and planning its aims and objectives and future activities the Trustees have considered the Charity Commission’s general guidance on public benefit.
4
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR**
Oakley Kindergarten CIO started operating from 1 March 2024.
The kindergarten welcomes all children and operates under an Equal Opportunities policy. We support children from 6 months to statutory school age to develop to their full potential through a curriculum that covers the seven areas of learning. The three prime areas are: communication & language, physical development & personal and social development. We also support children in four specific areas through which the prime areas are strengthened and applied. The specific areas are literacy, mathematics, understanding the world and expressive arts and design.
We aim to build strong parent partnerships and value input from parents, as their child’s first teacher. We operate a key person system to enable these positive relationships to develop. We work closely with the local primary schools, welcoming the teachers to our setting and adopting their routines to fully prepare the children and ensure a successful transition to school.
The kindergarten maintains high standards of education and the children continue to progress in all areas of development in a caring and supportive environment. We continue to be spontaneous following the children’s interests whilst still including activities around the festivals and traditions that occur throughout the year, considering each child’s cultural capital. We value all traditions and cultures in a holistic way and we promote the British Values of mutual respect and tolerance of others with different beliefs.
## **RESERVES POLICY**
The finances of the kindergarten are reliant on voluntary fundraising and the number of children enrolled in each year.
It is the policy of the kindergarten to maintain unrestricted funds, which are the free reserves of the Kindergarten, at a minimum level equal to three months’ employment costs. This equates to approximately £54,000.
The restricted total fund is £320,729.17 which is represented by the new building asset less the liabilities for the new building loan. This was received to cover the cash flow of the new build project and the kindergarten unrestricted funds.
As at the end of December 2024 the total unrestricted funds is £146,301.37.
## **TRANSFER FROM OAKLEY PRE-SCHOOL**
The activities were previously operated by an unincorporated charity, Oakley Pre-School (charity number 1030651). Upon the formation of a new CIO entity, the activities were transferred and any remaining funds held by Oakley Pre-School were transferred into Oakley Kindergarten on the first day of operation. This fund transfer is reflected in the fund balances as at 31 December 2024.
5
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **TRUSTEES AND COMMITTEE**
The trustees at start of operation of the charity at midnight on 31 December 2024 were as follows:
_Appointed 21 September 2022 and Resigned 6 March 2024:_ Kara Lawrence (Chairperson) Laura Greenslade (Vice Chair) Sarah Willis (Treasurer) Bobbie Worker (Secretary) Sara Ashby Patrick Knight Jenny Goodall Sally Martiello (Manager)
The Trustees as at 31 December 2024 are as follows:
_Appointed 6 March 2024:_ Patrick Knight Amy Bowles Zoe Sparrow Madelaine Seager Sally Martiello (Manager)
Trustees are appointed at the trustee meetings and are eligible to stand by either being recommended by an existing trustee or offering their services. Training needs of the Trustees are assessed periodically and cover training necessary to comply with Charity Commission guidance and the various regulatory frameworks in which the charity operates. When a new Trustee is appointed, a full programme of induction takes place to meet the needs of the new Trustee appropriate to the size of the charity.
Since the charity’s gross income has exceeded £250,000 the independent examiner must be a member of a body listed in section 145 of the 2011 Act. Therefore, Louise Tunley FCA CTA DChA, from Monico Tunley Limited was accepted by the Trustees to act as independent examiner of the accounts for period ending 31 December 2024.
The accounting primary statements set out on page 8 and 9 for the financial period ended 31 December 2024 along with the notes set out on pages 10 to 15 are as approved by the Trustees.
Sally Martiello Trustee
Date : 20 October 2025
6
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## _Oakley Kindergarten_
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
## **to the Trustees of Oakley Kindergarten (Registered Charity No. 1201886)**
I report to the charity trustees on my examination of the accounts of the charity for the 10 month period ended 31 December 2024 which are set out on pages 8 to 15.
## **Responsibilities and basis of report**
As the charity trustees 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 charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
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 charity as required by section 130 of the Act;
- (2) the accounts do not accord with those records; or
- (3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Account and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not 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.
Louise Tunley FCA CTA DChA Monico Tunley Limited 19 Goldington Road Bedford MK40 3JY
Date: 20 October 2025
7
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## _Oakley Kindergarten_
## **STATEMENT OF FINANCIAL ACTIVITIES for the 10 month period ended 31 December 2024 (including income and expenditure account)**
|**INCOME FROM:**
_Grants & Donations_
Fund Raising income
Grants
Donations
Gift Aid
_Charitable Activities_
Fees
Resource, Nappy charges & snack
Uniform, Water Bottles, Photos
Brick Appeal
_Income from Assets_
Bank Interest
Income transferred from Oakley Pre School
**EXPENDITURE ON:**
_Direct Charitable Expenditure_
Staff Wages
Pension Contribution
Non-domestic Rates
Insurance
Utilities
Maintenance
Training
Teaching/Consultancy
OFSTED
Waste Disposal/Cleaning
School Equipment
School Purchases
Office/Stationery
_Other Expenditure_
Fundraising
Telephone
Team Building/Gifts
Donations
Depreciation
Other
Brick Appeal
Bank Charges
Loan Interest
**Surplus/(Deficit)**
Funds transferred from previous unincorporated entity
**Fund balance at**
**31 December 2024**|Note
3
4
5
6
7|**Unrestricted**
**Funds**
**31 Dec 2024**
**Restricted**
**Funds**
**31 Dec 2024**
808.00
0.00
750.00
0.00
107.10
0.00
0.00
0.00
257,330.20
0.00
13,151.24
0.00
372.20
0.00
0.00
144.00
1,064.35
0.00
80,034.50
0.00|**Unrestricted**
**Funds**
**31 Dec 2024**
**Restricted**
**Funds**
**31 Dec 2024**
808.00
0.00
750.00
0.00
107.10
0.00
0.00
0.00
257,330.20
0.00
13,151.24
0.00
372.20
0.00
0.00
144.00
1,064.35
0.00
80,034.50
0.00|**Unrestricted**
**Funds**
**31 Dec 2024**
**Restricted**
**Funds**
**31 Dec 2024**
808.00
0.00
750.00
0.00
107.10
0.00
0.00
0.00
257,330.20
0.00
13,151.24
0.00
372.20
0.00
0.00
144.00
1,064.35
0.00
80,034.50
0.00|**Total**
**Funds**
**31 Dec 2024**
808.00
750.00
107.10
0.00
257,330.20
13,151.24
372.20
144.00
1,064.35
80,034.50|
|---|---|---|---|---|---|
|||**31**||||
||||353,617.59|144.00|353,761.59|
||8
8
9
10
11
12
16
13||172,070.98
3,249.96
779.62
2,681.35
5,146.97
1,337.24
730.60
550.00
218.27
3,323.19
3,767.41
8,917.05
1,550.96
233.32
1,134.52
144.49
27.00
0.00
3,874.35
0.00
254.40
0.00|0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13,078.30
0.00
148.80
0.00
3,174.39|172,070.98
3,249.96
779.62
2,681.35
5,146.97
1,337.24
730.60
550.00
218.27
3,323.19
3,767.41
8,917.05
1,550.96
233.32
1,134.52
144.49
27.00
13,078.30
3,874.35
148.80
254.40
3,174.39|
||||209,991.68|16,401.49|226,393.17|
||||143,625.91|(16,257.49)|127,368.42|
||||2,675.46|336,986.66|339,662.12|
||22||146,301.37|320,729.17|467,030.54|
|||||||
All operations are continuing operations. The notes on pages 10 to 15 form part of these financial statements.
8
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## _Oakley Kindergarten_
## **BALANCE SHEET as at 31 December 2024**
|Note
Tangible fixed assets
New building
16
Current assets
Debtors
17
Cash at bank and in hand
18
Liabilities
Cash at bank and in hand
18
Loans
20
Creditors due within one year
19
**Net current assets**
Total assets less current liabilities
Liabilities due in more than one year
Loans
21
**Total assets**
Charity funds
Unrestricted funds
Restricted funds
**Total charity funds**
22|**Unrestricted**
**Funds**
31 Dec 24
£
**Restricted**
**Funds**
31 Dec 24
£
**Total**
**Funds**
31 Dec 24
£|
|---|---|
||0.00
379,270.69
379,270.69|
||0.00
379,270.69
379,270.69|
||1,394.72
0.00
1,394.72
145,866.65
0.00
145,866.65|
||147,261.37
0.00
147,261.37|
||0.00
36,291.82
36,291.82
0.00
0.00
0.00
960.00
0.00
960.00|
||960.00
36,291.82
37,251.82|
||**146,301.37**
**(36,291.82)**
**110,009.55**
146,301.37
342,978.87
489,280.24
0.00
22,249.70
22,249.70|
||**146,301.37**
**320,729.17**
**467,030.54**|
||146,301.37
0.00
146,301.37
0.00
320,729.17
320,729.17|
||**146,301.37**
**320,729.17**
**467,030.54**|
The notes on pages 10 to 15 form part of these financial statements.
The financial statements were approved by the trustees on 20 October 2025
And signed on their behalf by
Sally Kate Martiello BEM Trustee
9
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **1. BASIS OF ACCOUNTING**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective from 1 January 2019 and with the Charities Act 2011.
## **2. ACCOUNTING POLICES**
- a) Unrestricted Fund can be used in accordance with the charitable objects of the Kindergarten, at the discretion of the Trustees.
- b) Restricted Funds have been allocated for the purpose of the New Build Project.
- c) Income from donations is included in income when these are receivable.
- d) Expenditure is recognised in the period in which they are incurred and directly attributable to specific activities and has been included in those cost categories. As a charity the Kindergarten is generally exempt from income tax and capital gains but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
- e) Grants and donations are included in the income when these are receivable. Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by it performance.
- f) The charity operates a defined contribution pension scheme for the benefit of the employees. The costs of contribution are recognised in the period they are payable.
- g) Lease of the land is paid annually to Mr Patrick Knight.
- h) Fixed assets are capitalised at cost. All assets are depreciated when brought into use using the straight line method. The rates used are as follows:
Freehold property
25 years / 4%
10
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **2 ACCOUNTING POLICES (CONTINUED)**
- i) Financial instruments: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
## **3. GRANTS INCOME**
|Oakley Parish Council Grant
Total
**. GIFT AID**
Gift Aid – Brick Appeal
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
750.00
0.00
750.00
750.00
0.00
750.00
**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
0.00
0.00
0.00|
|---|---|
||0.00
0.00
0.00|
## **4. GIFT AID**
## **5. FEES INCOME**
|Funded Fees
Non-Funded Fees
Early Years Pupil Premium
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
155,997.49
0.00
155,997.49
101,115.79
0.00
101,115.79
216.92
0.00
216.92|
|---|---|
||257,330.20
0.00
257,330.20|
## **6. RESOURCES, NAPPY CHARGES & SNACK INCOME**
|Resources
Meals/Snack
Nappy/Pull-ups
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
1,459.50
0.00
1,459.50
11,688.74
0.00
11,688.74
3.00
0.00
3.00|
|---|---|
||13,151.24
0.00
13,151.24|
## **7. MILK REBATE, UNIFORM, WATER BOTTLES, PHOTOS INCOME**
|Uniform, water bottles
Photos/Cards
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
127.20
0.00
127.20
245.00
0.00
245.00|
|---|---|
||372.20
0.00
372.20|
11
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **8. STAFF COSTS**
The annual bonus scheme, introduced in 1999 by the Charities Commission, states that a staff bonus can be paid at the discretion of the Trustees. It is limited to a maximum of one twelfth of annual salary and can only be paid out of available surplus for the year to which it relates. It was agreed by the Trustees that an annual bonus of 1 week’s salary would be paid to all permanent staff in the December 2024 payroll.
In line with the UK Government Pensions Act 2008, Kindergarten have an employee Pension fund with the National Employment Savings Trust (NEST). NEST is a defined contribution workplace pension scheme in the UK set up to facilitate automatic enrolment as part of the government’s workplace pension reform. In accordance with this Pension Act, Kindergarten are required to contribute 5%.
The average monthly head count was 7.3.
There were no employees with emoluments of more than £60,000.
|Staff Wages
PAYE
Pension Contribution
Annual Bonus
Supply Staff
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||140,680.45
0.00
140,680.45
25,077.17
0.00
25,077.17
3,249.96
0.00
3,249.96
3,294.21
0.00
3,294.21
3,019.15
0.00
3,019.15|
||175,320.94
0.00
175,320.94|
## **9. INSURANCE**
Insurance is maintained via the Pre-school Learning Alliance and is underwritten by Royal & Sun Alliance.
|Building Insurance
Indemnity & Contents
Insurance
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||2,218.44
0.00
2,218.44
462.91
0.00
462.91|
||2,681.35
0.00
2,681.35|
## **10. SCHOOL EQUIPMENT**
|**0. SCHOOL EQUIPMENT**||
|---|---|
|School Equipment
Early Years Pupil Premium
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
||3,547.57
0.00
3,547.57
219.84
0.00
219.84|
||3,767.41
0.00
3,767.41|
12
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **11. SCHOOL PURCHASES**
|School Purchases
Cleaning & PPE Resources
Meals & Snacks
Nappy/Pull-ups
Uniform, Water Bottles
Outdoor/Forestry Resources
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||884.59
0.00
884.59
1,960.17
0.00
1,960.17
4,930.58
0.00
4,930.58
165.62
0.00
165.62
0.00
0.00
0.00
976.09
0.00
976.09|
||8,917.05
0.00
8,917.05|
## **12. OFFICE/STATIONERY**
|**2. OFFICE/STATIONERY**||
|---|---|
|Photocopier Rental & Usage
Office, Stationery & First Aid
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
||1,291.79
0.00
1,291.79
259.17
0.00
259.17|
||1,550.96
0.00
1,550.96|
## **13. OTHER EXPENDITURE**
|**3. OTHER EXPENDITURE**||
|---|---|
|Consultancy Fees
WIX Website – Annual Fee
IONOS Domain storage
Famly App Subscription
Amazon Prime Subscription
Music/Video Licence
Media & Knowledge Books
Microsoft Subscription & use
Examination of Yr End A/C’s
Misc – PC Problems
HMRC PAYE Interest
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
||0.00
0.00
0.00
108.75
0.00
108.75
130.80
0.00
130.80
1,788.00
0.00
1,788.00
95.00
0.00
95.00
201.81
0.00
201.81
0.00
0.00
0.00
59.99
0.00
59.99
1,440.00
0.00
1,440.00
50.00
0.00
50.00
0.00
0.00
0.00|
||3,874.35
0.00
3,874.35|
## **14. TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **15. TRUSTEE EXPENSES**
A charity trustee received payment for supply practitioner work to the charity totalling £388.60. A charity trustee is the landowner and receives an annual lease fee of £1,000.
There are no other benefits to the charity trustees from employment with the charity in the period neither were they reimbursed expenses during the year.
13
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **16. TANGIBLE FIXED ASSETS**
|**Cost**
As at 1 March 2024
Additions
As at 31 December 2024
**Depreciation**
As at 1 March 2024
Charge for the year
As at 31 December 2024
**Net book value**
As at 1 March 2024
As at 31 December 2024|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||0.00
0.00
0.00
0.00
392,348.99
392,348.99|
||0.00
392,348.99
392,348.99|
||0.00
0.00
0.00
0.00
13,078.30
13,078.30|
||0.00
13,078.30
13,078.30|
|||
||0.00
392,348.99
392,348.99|
|||
||0.00
379,270.69
379,270.69|
## **17. DEBTORS**
|Non-funded Fees
Early Years Alliance
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||6.00
0.00
6.00
1,388.72
0.00
1,388.72|
||1,394.72
0.00
1,394.72|
## **18. MONETARY ASSETS**
|Cash at bank – current
Cash at bank – deposit
Petty Cash Balance
**TOTAL FUNDS**|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
45,061.40
(36,291.82)
8,769.58
100,764.35
0.00
100,764.35
40.90
0.00
40.90|
|---|---|
||**145,866.65**
**(36,291.82)**
**109,574.83**|
## **19. CREDITORS (amounts falling due within one year)**
|Monico Tunley
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£|
|---|---|
||960.00
0.00
960.00|
||960.00
0.00
960.00|
14
_Oakley Kindergarten_
_Registered Charity No. 1201886 Accredited by the Pre-School Learning Alliance_
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE 10 MONTH PERIOD ENDED 31 DECEMBER 2024**
## **20. LOANS – AMOUNTS FALLING DUE WITHIN ONE YEAR**
Harpur Trust agreed an interest free loan to the Kindergarten to assist with the cash flow for the new build project. The loan repayment was reviewed with the Harpur Trust and it was agreed to repay in 2 instalments April and June 2024, incurring interest from January 2024.
|Harpur Trust
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
0.00
0.00
0.00|
|---|---|
||0.00
0.00
0.00|
## **21. LOANS – AMOUNTS FALLING DUE ONE YEAR PLUS**
To assist with the cash flow for the new build project a 5 year loan was taken (May 2022) to pay the final instalment of the modular building.
|Aldermore Bank
Total|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
0.00
22,249.70
22,249.70|
|---|---|
||0.00
22,249.70
22,249.70|
## **22. MOVEMENT IN FUNDS**
|**Surplus/(Deficit)**
Fund Balance at 1 Mar 24
Income received from Oakley
Pre school
**Fund balance at 31 Dec 24**|**Unrestricted Funds**
**Restricted Funds**
**TOTAL FUNDS**
31 Dec 24
£
31 Dec 24
£
31 Dec 24
£
**63,591.41**
**(16,257.49)**
**47,333.92**
2,675.46
336,986.66
339,662.12
80,034.50
0.00
80,034.50|
|---|---|
||**146,301.37**
**320,729.17**
**467,030.54**|
## 23. TRANSFER FROM OAKLEY PRE-SCHOOL
The activities were previously operated by an unincorporated charity, Oakley Pre-School (charity number 1030651). Upon the formation of a new CIO entity, the activities were transferred and any remaining funds held by Oakley Pre-School were transferred into Oakley Kindergarten on the first day of operation. This fund transfer is reflected in the fund balances as at 31 December 2024.
15