## **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:
- Running Isleham Preschool during term time
- Providing high-quality early years education delivered by qualified and experienced staff
- Supporting children’s social, emotional and educational development
- 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:
- Supporting children’s early learning and school readiness
- Offering affordable childcare and family support
- 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**
- Continued to run as a successful Preschool with excellent staff and strong feedback from parents
- Supported children’s development and prepared them effectively for transition to primary school
- 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**
- Some staffing changes occurred during the year
- Successful re-recruitment ensured continuity of provision
- A last-minute recruitment issue meant that children under 3 due to start in January 2025 were temporarily delayed
- 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:
- **Quiz Night – May 2025**
- **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:
- Early Years (EY) funding
- Parent fees
- Fundraising activities
- Bank interest
## **Expenditure**
Total spending for the year was **£133,050** , covering:
- Staff wages and training
- Rent and utilities
- Insurance
- Resources and equipment
- 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:
- Managing a full committee transition in September 2024
- Overseeing recruitment processes
- Ensuring compliance with EYFS, Ofsted, and Charity Commission requirements
- Monitoring financial stability and budgeting
- 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
- 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|
|---|---|---|---|
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|
|---|---|---|---|
Page 5