REGISTERED CHARITY NUMBER : 294633
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
FOR
WARGRAVE PRESCHOOL
Holybrook Associates Ltd 1st Floor, Pinnacle Building 20 Tudor Road Reading RG1 1NH
WARGRAVE PRESCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Actvites | 5 |
|---|---|
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
WARGRAVE PRESCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their report with the finacial statements of the charity for the year ended 31st 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and Aims
Development and education of children primarily under the statutory school age by encouraging their parents to understand and provide for the needs of their children through the community groups and by offering appropriate play, education and care facilities, together with the parents' rights to take responsibility for and to become involved in the activities of the group.
In setting our objective and planning our activities, our trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
Relating to our main objectives and achievements for the year we have provided preschools sessions for thirty-eight academic weeks of the year for two to four year olds.
We have provided access to children who are eligible for funding through Wokingham Borough Council and place no restrictions on children accessing funded sessions at preschool.
Committee positions are filled by volunteers from the membership.
Members also take part in session when possible. New starters are given settling in time and further support can be offered when required.
Annual Activities are held to encourage interaction between the preschool members and the community. These include picnics, sports day, garden tidying and other fundraising activities with the local community
Fundraising by membership is used in general for projects to improve the preschool environment and equipment.
An annual survey of members provides guidance on areas that should be improved and these are discussed at the AGM. Regular committee meetings document progress in these areas.
Page One
WARGRAVE PRESCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
ACHIEVEMENT AND PERFORMANCE
This year the preschool has continued to provide a nurturing and supportive environment for its children. Key to this success is the staff. We have invested in staff training and encouraged and supported nonqualified staff to pursue qualifications alongside their paid role. The preschool has seen the benefits of this via a stabilised staffing team, increased morale and by bringing fresh ideas to support the children in their learning and development.
The continued presence of the governing trustees has brought stability and appropriate audit processes to the preschool. The team have also restructured the opening hours and fee structure to maximise revenue in the mpst efficient manner. Much work has been undertaken to improve and stabilise the financial position of the preschool. As a result of a number of efficiency drives, we have been able to invest back into the preschool. This has been demonstrated in a number of ways one being investment in the preschool building and facilities, both internally and externally.
Wokingham Borough Council pays fees for each child at school.
In addition, the Preschool charges parents for additional services, including lunch club, breakfast club or hours not covered by their 15 or 30 hours per week funding.
Reserves Policy
A fund is kept to cover the costs of closure. The trustees have assessed the reserves required d h concluded that reserves are more than sufficient should the charity close down.
Going Concern
The trustees consider that there are no material uncertainties regarding the charity's ability to continue to be a going concern. There are no material uncertainties affecting the current year's accounts
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document "Preschool Learning Alliance Model C tit ti 2005"
The selection of the Trustees in made at the AGM and elected from the membership.
Each new trustee/committee member signs a confidentiality agreement and receive details of their roles and responsibilities.
Each new trustee and committee member is given a handover from the previous incumbent and access to him or her for questions and continuity.
Page Two
WARGRAVE PRESCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number 294633
Principal address
The Youth Centre Recreation Ground East View Road Wargrave Berkshire RG10 8BH
Trustees
Heather Loyd (Resigned 18th July 2025) Poppy Qualtrough Helen Laura Classen (Resigned 18th July 2025) Aoife Bermingham-McDonogh (resigned 18th July 2025) Tony Robinson (appointed 18th July 2025) Harriet Ashford (appointed 18th July 2025)
Independent Examiner
Holybrook Associates Ltd 1st Floor, Pinnacle Building 20 Tudor Road Reading Berkshire RG31 5AD
Approved by the Board of Trustees and authorised for issue on 01/01/2026 and were signed on its behalf by: Poppy Qualtrough
Page Three
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WARGRAVE PRESCHOOL
Independent examiner's report to the trustees of Wargarve Preschool
Independent examiner's report on the accounts
Section A Indepen dent Examine r’s Report
Report to the trustees/ Wargrave Pre School members of ~~Charity~~ On accounts for no (if 294633 the year ended[31][st][ August 2025] any ~~)~~ Set out on pages 01-Feb
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
Respective It is my responsibility to: responsibilities of trustees and examiner ·
-
examine the accounts under section 145 of
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the Charities Act, · to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act and
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to state whether particular matters have
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come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes Basis of consideration of any unusual items or disclosures in the independent accounts, and seeking explanations from the trustees examiner’s concerning any such matters. The procedures undertaken statement do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below
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In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect,: · the accounting records were not kept in accordance with section 130 of the ·Charitiesthe accounts did not accord with the Act; or accounting records; or applicable requirements concerning the form and content of accounts set out in the
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Independent Charities (Accounts and Reports)
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examiner's Regulations 2008 other than any
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statement requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent
I 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 .
----- Start of picture text -----
Signed: Date: 24 [th] February 2026
Name: Rachel Eden
Relevant
professional FCMA (Fellow of the Chartered Institute of Management
qualification(s) or Accountants)
body (if any):
Holy Brook Associates, Curious Lounge, 1st Floor,
Address:
Pinnacle Building,
Tudor Road, Reading, England,
RG1 1NH
----- End of picture text -----
Section B Disclosure
NONE
Page Four
WARGRAVE PRESCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 | 2024 | ||
|---|---|---|---|
| unrestricted | unrestricted | ||
| Notes | fund | fund | |
| £ | £ | ||
| INCOME AND ENDOWMENTS FROM | |||
| Other Trading Actvites | 2 | 112789 | 118,573 |
| Investment Income | 3 | 1191 | 1,358 |
| Total | 113980 | 119,930 | |
| EXPENDITURE ON | |||
| Other | 120175 | 147,854 | |
| NET INCOME (EXPENDITURE) | -6195 | -27924 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 74476 | 102,400 | |
| TOTAL FUNDS CARRIED FORWARD | 68281 | 74,476 |
The notes form part of these financial statements
Page Five
WARGRAVE PRESCHOOL
BALANCE SHEET 31st AUGUST 2025
| 2025 | 2024 | ||
|---|---|---|---|
| unrestricted | unrestricted | ||
| Notes | fund | fund | |
| £ | £ | ||
| CURRENT ASSETS | |||
| Debtors | 7 |
| Cash at bank and in hand CREDITORS Amount falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES ACCRUALS AND DEFERRED INCOME 9 NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
68281 68281 508 67773 67773 684 67089 68281 68281 |
74,476 |
|---|---|---|
| 74,476 | ||
| 74,476 | ||
| 74,476 500 |
||
| 73,976 | ||
| 74,476 | ||
| 74,476 |
The financial statements were approved by the Board of Trustees and authorised for issue on 01/01/2026 and were signed on its behalf by: Poppy Qualtrough
The notes form part of these financial statements
Page Six
WARGRAVE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st AUGUST 2025
1 ACCOUNTING POLICIES Basis of preparing the financial statements
The financial statements of the charity, 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 1st January 2015)', Financial reporting Standard 102 The Financial Reporting Standard applicable in the UK and the 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 the 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.
Taxation
The charity is exempt from 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.
Page Seven
WARGRAVE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31st AUGUST 2025
2 OTHER TRADING ACTIVITIES
| Fundraising and Donatons Fees Funding |
2025 2024 £ £ 3,773 4,291 34,196 39,098 74,820 75,184 |
|---|---|
| 112,789 118,573 |
| 3 | INVESTMENT INCOME | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Interest on cash balances | 1,191 | 1,358 |
4 TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration and other benefits paid for the year ended 31st August 2024 nor for the year ended 31st August 2025.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31st August 2024 nor for the year ended 31st August 2025.
5 STAFF COSTS
2025 2024
6
6
The average number of employees during the year was as follows
No employees received emoluments in excess of £60,000
Page Eight
WARGRAVE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31st AUGUST 2025
| 6 | COMPARATIVES FOR THE STATEMENT OF FINANCIAL STATEMENTS | COMPARATIVES FOR THE STATEMENT OF FINANCIAL STATEMENTS | COMPARATIVES FOR THE STATEMENT OF FINANCIAL STATEMENTS |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Other trading actvites | 112,789 | ||
| Investment Income | 1191 | ||
| Total | 113,980 | ||
| EXPENDITURE ON | |||
| Other | 120,175 | ||
| NET INCOME/(EXPENDITURE) | -6,195 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 74,476 | ||
| TOTAL FUNDS CARRIED FORWARD | 68,281 | ||
| 7 | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade Debtors | |||
| 8 | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade Creditors | |||
| Taxaton and Social Security | 508 | ||
| Other Creditors | |||
| 508 |
Page Nine
WARGRAVE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31st AUGUST 2025
| 9 | ACCRUALS AND DEFERRED INCOME | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Accruals and deferred income | 684 | 500 | ||
| 10 | MOVEMENT IN FUNDS | |||
| At 1st | Net | |||
| September | movement | At 31st | ||
| 2024 | in funds | August 2025 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 74476 | -6195 | 68281 | |
| TOTAL FUNDS | 74476 | -6195 | 68281 | |
| Net movement in funds, included in the | above are as | follows: | ||
| Incoming | Resources | Movement | ||
| Resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 113980 | 120,175 | -6,195 | |
| TOTAL FUNDS | 113980 | 120175 | -6195 | |
| Comparatves for movement in funds | ||||
| At 1st | Net | At 31st | ||
| September | movement | August | ||
| 2024 | in funds | 2025 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 74,476 | -6,195 | 68,281 | |
| TOTAL FUNDS | 74,476 | -6,195 | 68,281 |
Page Ten
WARGRAVE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31st AUGUST 2025
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| Resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 113980 | 120,175 | -6,195 |
| TOTAL FUNDS | 113980 | 120,175 | -6,195 |
A current year twelve months and prior year twelve month combined position is as
follows
| follows | |||
|---|---|---|---|
| Net | At 31st | ||
| At 31st | movement | August | |
| August 2025 | in funds | 2025 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 233910 | 268,029 | -34,119 |
TOTAL FUNDS
A current twelve months amd prior year twelve months combined net movement in funds, included in above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
£ £ £ 233910 268,029 -34,119 Incoming Resources Resources expended Movement in funds |
|---|---|
| 233910 268029 -34119 |
11 RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2025
12 EXAMINER'S REMUNERATION
The Examiner remuneration is £684
Page Eleven