Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 (registered charity no 295756) **Annual report and accounts** **Year ended 31 July 2025** Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 ## **Chestnuts Pre-school General information For the year end 31 July 2025** ## **Page 1** _____________________________________________________________________ |Registered charity number|295756| |---|---| |Address|32 Chestnut Avenue| ||Wokingham| ||Berkshire| ||RG41 3RS| |Trustees|Helen Eastwood (Chair)| ||Andrew Longman (Treasurer)| ||Samantha Butler| ||Rachel Green| ||Zoe Ayers| ||Muralidaran Sridhar| ||Suzanne Johnson| ||Rosa Reboredo| ||Elsa Tallant| ||Jennifer Holt| |Independent Examiner|Calculus Consultancy Services Limited| ||Chartered Certified Accountants| ||5 Beech Court| ||Hurst| ||Berkshire| ||RG10 0RQ| Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Chestnuts Pre-school Trustees' report For the year end 31 July 2025** ## **Page 2** _____________________________________________________________________ The Trustees are pleased to present their annual report and accounts for the year ended 31 July 2025. ## **Activities** The Charity operates a pre-school care and education setting in Wokingham, Berkshire. It is a member of the Pre-School Learning Alliance (PLA). ## **Constitution** The Charity was founded in 1984 and is governed by a constitution closely aligned with the model constitution provided by the PLA. The most recently updated constitution was adopted by the members at an Annual General Meeting held on 13[th] October 2014. ## **Objectives** The key aim of the pre-school is to enhance the development and education of children primarily under statutory school age through the provision of high-quality Early Years care and education. Additional important objectives include: - encouraging parents to take responsibility for and to become involved in the activities of the group and ensuring that we offer opportunities for all children, regardless of race culture, religion or means. - encouraging the study of the needs of children and their families and promoting public interest in and recognition of such needs in the local areas. - encouraging parents to understand and provide for the needs of their children through community groups; and - instigating and adhering to and furthering the aim of the Pre-school Learning Alliance (PLA). ## **Review of the year** The Pre-school management and staff are highly committed to providing the highest standard of Pre-school care and education, whilst endeavouring to operate the Pre-school in a financially sustainable way. The Trustees are satisfied with the overall performance of the Pre-school during the year given the challenges still faced with by the cost-of-living crisis. ## **Financial review** During the year ended 31 July 2025, the Charity made a gain of £18,206 (2024: gain of £27,958). The charity’s reserves are £82,972 (2024: £64,766) as at 31 July 2025. Since July 2024 the Committee and Chestnuts staff have continued working extremely hard to review every expenditure to reduce any unnecessary costs including reducing staff hours (whilst still maintaining the appropriate staff to children ratios) and ensuring that our funding and fundraising amounts received cover our out-goings making us more substantially viable. The head count has also been maintained at a good level to ensure the most from funded and non-funded sessions. The lunch club and consumables fee are continuing to help cover any additional costs spent. These steps have continued to help secure Chestnuts in the long term financially, and we will start to slowly build up further reserves. The Trustees consider this level of reserves to be adequate to ensure the short-term financial stability of the Charity with enough funds ring-fenced for redundancies should this be necessary. The building structure remains stable and is adequately insured. Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Chestnuts Pre-school Trustees' report (continued) For the year end 31 July 2025** ## **Page 3** _____________________________________________________________________ ## **Members** The members are the parents (or other appointed guardian) of the children attending the preschool setting, from time to time. ## **Trustees** The Trustees of the Charity are the managing committee of the pre-school. Under the terms of the constitution, there must be no fewer than five Trustees and no more than twelve Trustees at any time and at least 60% of the Trustees must be members of the pre-school as defined above. Trustees are elected by the members at each AGM and serve until the next AGM (where they may stand for re-election) unless they resign before that time. If necessary (for example if a number of Trustees resign part way through a year), the existing Trustees can co-opt up to three persons to stand as Trustees until the next AGM. The Trustees serving the Pre-school as at the date of approval of this report are those named on page 1. Helen Eastwood was re-appointed by the Members of the Committee/Trustees at the AGM on 30[th] June 2025: Andrew Longman was appointed as the treasurer. ## **Approval of report** 30-Jan-2026 | 15:03:31 GMT This report was approved on and signed on behalf of the Trustees by: ___________________ Helen Eastwood Chair Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Chestnuts Pre-school Independent examiner's report to the Trustees of Chestnuts Pre-School For the year end 31 July 2025** **Page 4** __________________________________________________________________________ ## **INDEPENDENT EXAMINER’S REPORT** ## **Respective responsibilities of the trustees and independent examiner** 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. I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. It is my responsibility to: - examine the accounts under section 145 of 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 - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Report** 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 consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken 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. ## **Independent Examiners’ Statement** In connection with my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Calculus Consultancy Services Limited Chartered Certified Accountants 5 Beech Court Hurst Berkshire RG10 0RQ Date: 28-Jan-2026 | 13:28:19 GMT Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Chestnuts Pre-school Principal accounting policies For the year end 31 July 2025** ## **Page 5** _____________________________________________________________________ ## **Basis of preparation** The accounts are prepared on a historic cost, going concern basis in accordance with accounting standards and Statements of Recommended Practice (SORP 2019). The principal accounting policies are unchanged from the previous year and are stated below. ## **Income and expenditure** Income and expenditure are accounted for in the year to which they relate, using the accruals basis. ## **Fixed assets and depreciation** Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged so as to write off the cost of an asset over its estimated useful life. The methods and rates applicable are as follows: Leasehold buildings - 5% per annum straight line Equipment - 25% reducing balance Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Page 6** ## **Chestnuts Pre-school Income and expenditure account For the year ended 31 July 2025** |**Operating income**
Grant funding
Fees and charges
**Other income**
Fundraising
Donations
Interest
Indirect grant
income
Merchandise and
other income
**Direct costs**
Staff costs
Teaching
equipment and
consumables
Milk and
refreshments
**Overhead costs**
Rent, rates and
insurance
Electricity and water
Repairs and
maintenance
Equipment,
stationery and
consumables
Telephone
Cleaning and refuse
Depreciation
Other
**Net surplus/(loss)**|**2025 £**
141,820
57,768
**199,588**
2,171
2,247
558
-
**4,976**
163,772
2,648
1,503
**(167,923)**
5,631
3,769
1,838
2,583
572
792
318
2,932
**(18,435)**
**18,206**|**2024 £**
149,041
57,953
**206,994**
2,326
3,527
23
-
108**5,984**
156,543
2,073
1,480
**(160,096)**
4,526
5,117
2,216
3,021
733
1,558
3,271
4,490
**(24,924)**
**27,958**|**2024 £**
149,041
57,953
**206,994**
2,326
3,527
23
-
108**5,984**
156,543
2,073
1,480
**(160,096)**
4,526
5,117
2,216
3,021
733
1,558
3,271
4,490
**(24,924)**
**27,958**| |---|---|---|---| ||2,171
2,247
558
-|2,326
3,527
23
-
108|| ||163,772
2,648
1,503|156,543
2,073
1,480|| ||5,631
3,769
1,838
2,583
572
792
318
2,932|4,526
5,117
2,216
3,021
733
1,558
3,271
4,490|| ||||| ||||**27,958**| Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Chestnuts Pre-school Balance sheet As at 31 July 2025** **Page 7** |**2025 £**
**Fixed assets (note 1)**
Buildings
0
Equipment
955 **955**
**Current assets**
Bank and cash balances
123,990
Accounts receivable and
Prepayments
3,932
**127,922**
**Current liabilities**
Creditors
1,246
Accruals, deferred income and
deposits
44,659
**45,905**
**Net current assets**
**82,017**
**Net assets**
**82,972**
**Represented by**
Accumulated funds brought
forward
64,766
Surplus/(deficit) for the year
18,206
**Total funds (note 2)**
**82,972**|**2024 £**
0
1,274 **1,274**
110,779
4,436
**115,215**
400
51,344
**51,903**
**63,492**
**64,766**
36,808
27,985
**64,766**|**2024 £**
0
1,274 **1,274**
110,779
4,436
**115,215**
400
51,344
**51,903**
**63,492**
**64,766**
36,808
27,985
**64,766**| |---|---|---| |||| |||**64,766**| |||36,808
27,985| |||**64,766**| 30-Jan-2026 | 15:03:31 GMT The annual accounts were approved by the Trustees on and are signed on their behalf by: Helen Eastwood (Chairperson) Andrew Longman (Treasurer) Docusign Envelope ID: 8416121B-684F-4D3F-93E9-3862DB21D4F7 **Page 8** ## **Chestnuts Pre-school Notes to the accounts As at year ended 31 July 2025** ## **Note 1 - Fixed assets** |**Note 1 - Fixed assets**|| |---|---| |Cost
At 1 August 2024
Additions
At 31 July 2025
Depreciation
At 1 August 2024
Charge for the year
At 31 July 2025
Net book value
At 31 July 2024
At 31 July 2025|**Buildings**
**Equipment**
**Total**
**£**
**£**
**£**
58,797
17,523
76,320
-
-
-| ||**58,797**
**17,523**
**76,320**| ||58,797
16,249
75,046
0
319
319| ||**58,797**
**16,568**
**75,365**| ||-
1,274
1,274| ||**-**
**955**
**955**| |**Note 2 – Funds**
**(unrestricted)**
At 1 August 2024
Net surplus / (deficit)
for the year
At 31 July 2025|**£**
64,766
18,206| |---|---| ||82,972|