Trustees’ Annual Report 2024–2025
Isleham Under Fives Association Registered Charity in England & Wales
1. Charity Details:
Charity name: Isleham Under Fives Association
Charity number: 294978
Main address: Isleham Preschool, 3a Maltings Lane, Isleham, Cambridgeshire CB7 5RZ
Trustees during the year:
Sarah Reeve (Chair) Anna Dodd (Treasurer) resigned Michael Holt (Treasurer) appointed Lizzie Maxwell (Secretary) resigned Tanya Turner (Secretary) appointed
Structure, governance and management: Isleham Under Fives Association is an unincorporated charitable association governed by a constitution adopted by its members. Trustees are elected annually at the AGM. A full committee changeover took place in September 2024, and the new committee has settled well into its governance responsibilities.
2. Objectives and Activities
The charity’s purpose is to advance the education and development of children under statutory school age in Isleham and the surrounding area.
We achieve this by:
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Running Isleham Preschool during term time
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Providing high-quality early years education delivered by qualified and experienced staff
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Supporting children’s social, emotional and educational development
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Running the Busy Bees toddler group in Isleham, which offers a welcoming space for families with younger children and strengthens community connections
All activities are carried out in line with the Early Years Foundation Stage (EYFS) framework.
3. Public Benefit Statement
The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Our preschool and toddler group provide clear public benefit by:
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Supporting children’s early learning and school readiness
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Offering affordable childcare and family support
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Providing inclusive provision accessible to all families
4. Achievements and Performance
2024–2025 was a positive and stable year for Isleham Under Fives Association.
Isleham Preschool provision
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Continued to run as a successful Preschool with excellent staff and strong feedback from parents
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Supported children’s development and prepared them effectively for transition to primary school
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Maintained strong relationships with local families and Isleham Primary School
Busy Bees toddler group
Busy Bees continued to run during term time and remains an important asset to the community, offering social connection and early learning opportunities for younger children and their families.
Staffing
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Some staffing changes occurred during the year
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Successful re-recruitment ensured continuity of provision
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A last-minute recruitment issue meant that children under 3 due to start in January 2025 were temporarily delayed
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All affected children have since joined, and recruitment has now been completed, enabling younger children to start again from September 2025
Fundraising
Fundraising events were well supported and contributed positively to community engagement:
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Quiz Night – May 2025
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Christmas Fair – December 2024
• Santa’s Grotto & Raffle – December 2024
These events strengthened community involvement and provided additional unrestricted income.
5. Financial Review
Income
Total income for the year was £157,287 , received from:
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Early Years (EY) funding
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Parent fees
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Fundraising activities
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Bank interest
Expenditure
Total spending for the year was £133,050 , covering:
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Staff wages and training
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Rent and utilities
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Insurance
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Resources and equipment
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Administrative and operational costs
Reserves
The charity holds £63,911 in a savings account as reserves. This provides financial stability and ensures the preschool can continue operating in the event of unexpected costs or fluctuations in income.
The trustees consider this level of reserves to be appropriate for a small early years charity with significant staffing and operational commitments.
Overall financial position
The charity ended the year in a stable and healthy financial position , with income exceeding expenditure and reserves maintained at a prudent level.
6. Structure, Governance and Management
The charity is run by a committee of volunteer trustees who oversee governance, finance, safeguarding, staffing and compliance.
Key governance activities this year included:
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Managing a full committee transition in September 2024
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Overseeing recruitment processes
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Ensuring compliance with EYFS, Ofsted, and Charity Commission requirements
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Monitoring financial stability and budgeting
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Supporting staff through operational changes
Safeguarding remains a top priority, and all trustees and staff follow the charity’s safeguarding policies and procedures.
7. Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and the charity’s governing document. They are satisfied that the charity continues to operate for public benefit and remains financially sustainable.
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
FOR
ISLEHAM UNDER FIVES ASSOCIATION
ISLEHAM UNDER FIVES ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
| Page | |
|---|---|
| General Information | 1 |
| Independent Examiners Report | 2 |
| Statement of Payments and Receipts | 3 |
| Statement of Assets and Liabilities | 4 |
| Tangible Fixed Assets Schedule | 5 |
ISLEHAM UNDER FIVES ASSOCIATION
GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2025
REGISTERED CHARITY: 294978 OFFICERS Sarah Reeve (Chair) Anna Dodd (Treasurer) resigned Michael Holt (Treasurer) appointed Lizzie Maxwell (Secretary) resigned Tanya Turner (Secretary) appointed
ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF ISLEHAM UNDER 5S ASSOCATION TRUST
Registered Charity number 294978
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2025.
As the charity members 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 examinations of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charities commission under section 145(b) of the Act.
I have completed my examinations and confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material aspect:
-
Accounting records were not kept in accordance with section 130 of the Act or
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The accounts do not accord with the accounting records
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I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Janine Davies: Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley CB8 0SF
Date 14 November 2025
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2025
| Income (unrestricted funds) Misc Fundraising Fees EY funding Cost of sales Recruitment supply GROSS PROFIT Other income Deposit account interest Expenditure Hire of water cooler Rates and water Insurance Light and heat Telephone Post and stationery Toys & play equipment Repairs and renewals Cleaning materials Training Parties Ofsted Sundry expenses Professional fees Accountancy Provisions Busy bees Wages Social security Pensions Hire of water cooler Finance costs Bank charges SURPLUS FOR THE YEAR Funds b/f Funds c/f |
2025 £ 1,335 78 19,920 135,345 343 779 3,269 2,467 1,139 250 5,667 2,061 1,294 657 217 50 2,415 2,085 721 1,262 - 93,838 6,452 6,431 446 |
£ 156,678 914 155,764 609 156,373 131,843 24,530 293 24,237 119,175 143,412 |
2024 £ 1,045 3,246 16,815 129,141 662 392 - 4,884 1,305 1,218 - 3,673 1,798 3,978 - 57 5,292 1,634 1,329 450 996 88,938 - 4,536 - |
|
|---|---|---|---|---|
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
31 JULY 2025
| FIXED ASSETS Freehold property Improvements to property Plant and machinery Fixtures and fittings CURRENT ASSETS Bank account no. 1 Bank account no. 2 Cash in hand CURRENT LIABILITIES Trade creditors NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves CAPITAL ACCOUNT Brought forward Add Net surplus |
2025 £ 150,000 16,701 1,500 16,985 79,500 63,911 - 143,411 (1) 277,864 24,237 |
£ 185,186 143,412 328,598 26,497 302,101 328,598 |
2024 £ 150,000 16,701 1,500 16,985 55,673 63,303 199 119,175 - 247,961 29,903 |
£ 185,186 119,175 304,361 26,497 277,864 304,361 |
|---|---|---|---|---|
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ISLEHAM UNDER FIVES ASSOCIATION
TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2025
| COST At 1 August 2024 and 31 July 2025 NET BOOK VALUE At 31 July 2025 At 31 July 2024 |
Improvements Freehold to Plant and property property machinery £ £ £ 150,000 16,701 1,500 150,000 16,701 1,500 150,000 16,701 1,500 |
Fixtures and fittings £ 16,985 16,985 16,985 |
Totals £ 185,186 185,186 185,186 |
|---|---|---|---|
Page 5
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
FOR
ISLEHAM UNDER FIVES ASSOCIATION
ISLEHAM UNDER FIVES ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
| Page | |
|---|---|
| General Information | 1 |
| Independent Examiners Report | 2 |
| Statement of Payments and Receipts | 3 |
| Statement of Assets and Liabilities | 4 |
| Tangible Fixed Assets Schedule | 5 |
ISLEHAM UNDER FIVES ASSOCIATION
GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2025
REGISTERED CHARITY: 294978 OFFICERS Sarah Reeve (Chair) Anna Dodd (Treasurer) resigned Michael Holt (Treasurer) appointed Lizzie Maxwell (Secretary) resigned Tanya Turner (Secretary) appointed
ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF ISLEHAM UNDER 5S ASSOCATION TRUST
Registered Charity number 294978
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2025.
As the charity members 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 examinations of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charities commission under section 145(b) of the Act.
I have completed my examinations and confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material aspect:
-
Accounting records were not kept in accordance with section 130 of the Act or
-
The accounts do not accord with the accounting records
-
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Janine Davies: Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley CB8 0SF
Date 14 November 2025
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2025
| Income (unrestricted funds) Misc Fundraising Fees EY funding Cost of sales Recruitment supply GROSS PROFIT Other income Deposit account interest Expenditure Hire of water cooler Rates and water Insurance Light and heat Telephone Post and stationery Toys & play equipment Repairs and renewals Cleaning materials Training Parties Ofsted Sundry expenses Professional fees Accountancy Provisions Busy bees Wages Social security Pensions Hire of water cooler Finance costs Bank charges SURPLUS FOR THE YEAR Funds b/f Funds c/f |
2025 £ 1,335 78 19,920 135,345 343 779 3,269 2,467 1,139 250 5,667 2,061 1,294 657 217 50 2,415 2,085 721 1,262 - 93,838 6,452 6,431 446 |
£ 156,678 914 155,764 609 156,373 131,843 24,530 293 24,237 119,175 143,412 |
2024 £ 1,045 3,246 16,815 129,141 662 392 - 4,884 1,305 1,218 - 3,673 1,798 3,978 - 57 5,292 1,634 1,329 450 996 88,938 - 4,536 - |
|
|---|---|---|---|---|
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
31 JULY 2025
| FIXED ASSETS Freehold property Improvements to property Plant and machinery Fixtures and fittings CURRENT ASSETS Bank account no. 1 Bank account no. 2 Cash in hand CURRENT LIABILITIES Trade creditors NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves CAPITAL ACCOUNT Brought forward Add Net surplus |
2025 £ 150,000 16,701 1,500 16,985 79,500 63,911 - 143,411 (1) 277,864 24,237 |
£ 185,186 143,412 328,598 26,497 302,101 328,598 |
2024 £ 150,000 16,701 1,500 16,985 55,673 63,303 199 119,175 - 247,961 29,903 |
£ 185,186 119,175 304,361 26,497 277,864 304,361 |
|---|---|---|---|---|
Page 4
ISLEHAM UNDER FIVES ASSOCIATION
TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2025
| COST At 1 August 2024 and 31 July 2025 NET BOOK VALUE At 31 July 2025 At 31 July 2024 |
Improvements Freehold to Plant and property property machinery £ £ £ 150,000 16,701 1,500 150,000 16,701 1,500 150,000 16,701 1,500 |
Fixtures and fittings £ 16,985 16,985 16,985 |
Totals £ 185,186 185,186 185,186 |
|---|---|---|---|
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