**REGISTERED CHARITY NUMBER: 292446**
## **Report of the Trustees and**
## **Unaudited Financial Statements for the Year Ended 31 August 2024 for First Stop Preschool**
**Simply Accounts & Tax Limited Epsilon House Ransomes Europark**
**Ipswich Suffolk IP3 9FJ**
## **First Stop Preschool Contents of the Financial Statements for the year ended 31 August 2024**
|**CONTENTS**|**PAGE**|
|---|---|
|Report of the Truestees|3 to 5|
|Independent examiner's report to the trustees|6|
|Statement of financial activities|7|
|Balance Sheet|8|
|Notes to the accounts|9 to 12|
|**The following pages do not form part of the accounts**||
|Detailed statement of financial activities|13|
## **First Stop Preschool Report of the Truestees For the year ended 31 August 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. 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**
The objective of the charity is to advance the education of children below compulsory school age in and around the district of Trimley St Mary.
This year in order to meet its objective, the preschool has provided 60+ children with between two and five half-day sessions each per week within a safe, secure and stimulating environment. Careful planning of staffing levels has ensured that each individual child benefited from the support they required in order to develop their potential at their own pace.
Sessions have been carefully planned so that children attending preschool will, by the time they reach school age, have had the opportunity to achieve the desirable learning outcomes set out by the Early Years Foundation Stage (EYFS 2021) and can progress with confidence.
## **Prime Areas:**
Personal, Social and EmotionalDevelopment Physical development Communication and Language
## **Specific Areas:**
Literacy Mathematics Understanding the World Expressive Arts and design
## **Significant activities**
The Preschool received a statutory audit from OFSTED in February 2024 and received a GOOD rating.
We continued our fundraising activities during the year raising funds for various charities including the Poppy Appeal and the Book Trust..
Rob Sambrook Photography came into the Preschool to take photographs of the children and their siblings. And paid the Preschool a commission on his sales
As usual we held a Christmas party for the children in December.
The AGM was held on 6 June 2025.
Throughout the year we used our closed Facebook group to give parents/carers information, activity and game ideas for the home.
**- 3 -**
## **First Stop Preschool Report of the Truestees For the year ended 31 August 2024**
## **ACHIEVEMENT AND PERFORMANCE**
The Preschool continues to invest in staff training, particularly Food hygiene, First aid and Safeguarding and continues to abide by the set policies covering Admissions, Behaviour Safeguarding, Complaints, Confidentiality, Equal opportunities, Health & Hygiene, Parental Involvement, Safety, Special Needs, Staffing,
The preschool has continued to work within the budgets set and continues to receive positive feedback from parents on the services it provides. The success of the Preschool is due to the high quality of care and educational stimulation provided by the Preschool staff, in particular the Manager who receives the support of the Finance Administrator, Management and Custodial Trustees.
## **FINANCIAL REVIEW**
Reserves: Unspent income of **£120,792 (2023: £105,777)** in the bank and cash as at 31 August 2024 these funds being adequate to ensure that the charity is able to meet all current and known liabilities and to guarantee the high quality of service required.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **Organisational structure**
The Custodian Trustees have been in contact throughout the year, were present at the AGM and met once at the end of the financial year.
The Management Trustees met during the year to deal with general day to day running of the Preschool.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
292446
## **Principal address**
160 High Road West Felixstowe Suffolk IP11 9BB
**- 4 -**
## **First Stop Preschool Report of the Truestees For the year ended 31 August 2024**
## **Trustees**
Trustees
By agreement of all present at the AGM held on 6 June 2025 the following people were re-elected
## **Holding (custodian) trustees**
Sarah Banham Sharon Bennett
## **Management Trustees (Committee)**
Amanda Erskine (chairman) Adam O'Connor Hannah Allard Sharon Bennett (Nominated OFSTED individual)
## **New Management Trustees**
Gillian Read
## **Independent Examiner**
Simply Accounts & Tax Limited Epsilon House Ransomes Europark Ipswich Suffolk IP3 9FJ
Approved by order of the board of trustees on ............................................. and signed on its behalf by :
..........................................................
**Trustee**
**- 5 -**
## **First Stop Preschool INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF First Stop Preschool For the year ended 31 August 2024**
## **Independent examiner's report to the trustees of First Stop Preschool**
I report to the charity trustees on my examination of the accounts of First Stop Preschool (the Trust) for the year ended 31 August 2024.
## **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 Act and in carrying out my examination I have followed all 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 content 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.
Digitally signed by Simon Sturman DN: cn=Simon Sturman, o=Simply Accounts and Tax Ltd, ou, email=simon@simplyaccountsandtax.co.uk, c=GB Date: 2025.06.06 10:25:04 +01'00'
S D Sturman
## **Simply Accounts & Tax Limited**
Epsilon House Ransomes Europark Ipswich Suffolk IP3 9FJ
`6 June 2025` **Date: .............................................**
**- 6 -**
## **First Stop Preschool STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2024**
|**Note**
**INCOMING RESOURCES**
**Charitable activities**
General Activities
Other trading activities
**2**
Investment income
**3**
**TOTAL INCOMING RECOURCES**
**EXPENDITURE ON**
**Charitable activities**
General Activities
**TOTAL RESOURCES EXPENDED**
**NET INCOMING/(OUTGOING) RESOURCES FOR**
**THE YEAR**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Funds**
**2024**
138,682
-
279
**138,961**
120,805
**120,805**
18,156
273,380
**291,536**|**TOTAL FUNDS**
**2023**
120,471
348
128|
|---|---|---|
|||**120,947**|
|||123,664
**123,664**|
|||(2,717)
276,097|
|||**273,380**|
**- 7 -**
## **First Stop Preschool Balance Sheet 31 August 2024**
|**Note**
**FIXED ASSETS**
Tangible Assets
**6**
**CURRENT ASSETS**
Debtors & Prepayments
Cash at Bank & in hand
**TOTAL INCOMING RESOURCES**
**CREDITORS:**
**Amounts due within one year**
**7**
**NET CURRENT ASSETS**
**CREDITORS: Amounts falling due after**
**more than one year**
**8**
**NET ASSETS**
**FUNDS**
Accumulated Unrestricted Income funds
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Fund**
**TOTAL FUNDS**
**2024**
**2023**
144,021
144,021
27,320
25,163
120,792
105,777|
|---|---|
||148,112
130,940|
||(597)
(1,580)|
|||
||**291,536**
**273,380**|
||-
-|
||**291,536**
**273,380**|
||291,536
(2,717)|
||**291,536**
**273,380**|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
## **............................................. Trustee**
**- 8 -**
## **First Stop Preschool Notes to the Financial Statements for the year ended 31 August 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FSR 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 Charities Act 2011. 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**
Fixed asset traditional were not depreciated under the receipts and payments method. Having changed to accruals, the charity has continued not to depreciate its assets for consistency.
## **Taxation**
The charity is exempt from tax on its chartitable 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 chairty. 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.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued ….
**- 9 -**
## **First Stop Preschool Notes to the Financial Statements for the year ended 31 August 2024**
## **2 OTHER TRADING ACTIVITIES**
|Photographs Commission
**3**
**INVESTMENT INCOME**
Deposit amount interest|**2024**
£
-
**-**
**2024**
£
279
**279**|**2023**
£
348|
|---|---|---|
|||**348**|
|||**2023**
£
128|
|||**128**|
**4 TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **5 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
General Activities
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
General Activities
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
Total
**fund**
funds
£
£
138,961
138,961
-
-
-
-
**138,961**
**138,961**
120,805
120,805
-
**120,805**
**120,805**
**18,156**
**18,156**
273,380
273,380
**291,536**
**291,536**|
|---|---|
continued….
**- 10 -**
## **First Stop Preschool Notes to the Financial Statements - continued for the year ended 31 August 2024**
|**6**
**TANGIBLE FIXED ASSETS**
**Freehold Land and**
**Canopy**
**Building**
**equipment**
**£**
**£**
**COST**
At 1 September 2023
110,000
13,500
Additions
-
-
**At 31 August 2024**
**110,000**
**13,500**
**DEPRECIATION**
At 1 September 2023
-
-
Charge for the year
-
-
**At 31 August 2024**
**-**
**-**
**NET BOOK VAULE**
At 1 September 2023
**110,000**
**13,500**
At 31 August 2024
**110,000**
**13,500**
**7**
**DEBTORS**
Trade Debtors
Prepayments
**8**
**CREDITORS: Amounts falling due within one year**
Social secutiries and other taxes
Pension
**9**
**MOVEMENT IN FUNDS**
**Unresctricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unresctricted funds**
General fund
**TOTAL FUNDS**|**6**
**TANGIBLE FIXED ASSETS**
**Freehold Land and**
**Canopy**
**Building**
**equipment**
**£**
**£**
**COST**
At 1 September 2023
110,000
13,500
Additions
-
-
**At 31 August 2024**
**110,000**
**13,500**
**DEPRECIATION**
At 1 September 2023
-
-
Charge for the year
-
-
**At 31 August 2024**
**-**
**-**
**NET BOOK VAULE**
At 1 September 2023
**110,000**
**13,500**
At 31 August 2024
**110,000**
**13,500**
**7**
**DEBTORS**
Trade Debtors
Prepayments
**8**
**CREDITORS: Amounts falling due within one year**
Social secutiries and other taxes
Pension
**9**
**MOVEMENT IN FUNDS**
**Unresctricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unresctricted funds**
General fund
**TOTAL FUNDS**|**Fixtures and**
**Fittings**
**£**
17,341
-|**Shed**
**£**
3,180
-
**3,180**
-
-
**-**
**3,180**
**3,180**
**2024**
**£**
27,320
-
**27,320**
**2024**
**£**
444
153
**597**
**Net**
**movement**
**in fund**
**£**
18,156
**18,156**
**Resources**
**expended**
**£**
120,805
**120,805**|**Total**
**£**
144,021
-|
|---|---|---|---|---|
||**110,000**
**13,500**|**17,341**||**144,021**|
||-
-
-
-|-
-||-
-|
||**-**
**-**|**-**||**-**|
||**110,000**
**13,500**|**17,341**||**144,021**|
||**110,000**
**13,500**|**17,341**||**144,021**|
|||**At**
**01/09/2023**
**£**
273,380
**273,380**
**Income**
**resources**
**£**
138,961
**138,961**||**2023**
**£**
25,163
-|
|||||**25,163**|
|||||**2023**
**£**
1,391
189|
|||||**1,580**|
|||||**At**
**31/08/2024**
**£**
291,536|
|||||**291,536**|
|||||**Movement**
**in funds**
**£**
18,156|
|||||**18,156**|
continued …
**- 11-**
## **First Stop Preschool Notes to the Financial Statements - continued for the year ended 31 August 2024**
## **MOVEMENT IN FUNDS -continued**
## **Comparatives for movement in Funds**
|**MOVEMENT IN FUNDS -continued**
**Comparatives for movement in Funds**||||
|---|---|---|---|
|**Unresctricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unresctricted funds**
General fund
**TOTAL FUNDS**|**At**
**01/09/2022**
**£**
276,097
**276,097**
**Income**
**resources**
**£**
120,947
**120,947**|**Net**
**movement in**
**fund**
**£**
(2,717)
**(2,717)**
**Resources**
**expended**
**£**
(123,664)
**(123,664)**|**At**
**31/08/2023**
**£**
273,380|
||||**273,380**|
||||**Movement**
**in funds**
**£**
(2,717)|
||||**(2,717)**|
## **10 RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2024
**- 12 -**
## **First Stop Preschool Detailed Statement of Financial Activities for the year ended 31 August 2024**
|**INCOME AND ENDOWMENTS**
**Other trading activities**
Photographs -Commission
**Investment income**
Deposit account interest
**Charitable activities**
Fees -Parents
Fees -Government
Fees -Special needs
SCC Additional Grant
SEN HLTN Funding
Donations
**TOTAL INCOMING RESOURCES**
**EXPENDITURE**
**Other trading activities**
**Charitable activities**
Wages
Pensions
Rates
Insurance
Light, heat and water
Advertising and fundraising
Housekeeping and consumables
Toys, books and equipment
Pupil premium expenditure
Maintenance and renovation
Training, courses and T Shirts
Uniforms
Sundry expenses
Subscriptions
Licences, registrations & DBS
**Support costs Management**
Postage & Telephone
Stationery, printing & copying
**Management**
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net (Loss) / Income**|**2024**
**£**
-
**-**
279
**279**
13,580
122,437
-
316
2,350
**138,682**
**138,961**
106,650
943
374
1,777
2,337
-
654
1,016
-
96
950
453
2,457
277
886
**118,870**
637
524
**1,161**
774
**120,805**
**18,156**|**2023**
**£**
348
-|
|---|---|---|
|||**348**
128|
|||**128**
11,368
109,103
-
-
-
-|
|||**120,471**|
|||**120,947**|
|||103,129
939
384
1,703
3,931
-
419
1,477
1,361
4,394
160
219
1,721
-
974|
|||**120,811**|
|||797
331|
|||**1,128**|
|||1,725|
|||**123,664**|
|||**(2,717)**|
**- 13 -**