Swanmore Pre-school
Financial Statements
for the period
1st August 2024- 31" July 2025
Contents
Page
Trustees, Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Examiner's report

SWANMORE PRE-SCHOOL
TRUSTEES, ANNUAL REPORT
The trustees present their report for the perlod ended 31st July 2025.
Admlnistrative detalls
The charlty is registered with the Charity Commission and its registration number is 801230.
The address of the charity is Swanmore Preschool, Church Road, Swanmore, Hamp5hlre,
S032 2PA.
The trustees who served during the period, and to the date of this report, are as follows:
Paul Doran (Chairman} (appointed 16th March 20251
Gary Mcculloch (Chairman) (resigned December 20241
Jason Mitty (Treasurer)
Chrls Campbell ITreasurerl (resigned December 20241
Sara Burton1Secretaryl lappointed 4th December 20241
Sarah Hiscock (Preschool Manageil
Sharon Hawkins (appointed 4th December 2024}
Rachel Watson (resigned November 2024)
Lucy Hawkins
Rose Eyles lappolnted 16th March 2025}
Governance and management
The charity was established under a constitution adopted 29 September 1987, as amended
on 2nd November 2006, 6th November 2012 2nd 9th February 2021.
Objectlves and acdvltles
The charity's objective is to enhance the development and education of children primarily
under statutory school age by encouraging parents to understand and provide for the needs
of their children throu8h community groups and bv..
Offering appropriate play, education and care facilities, famlly learning and extended
hours groups, together with the right of parents to take responsibility for and to
become involved in the activities of such groups, ensuring that such groups offer
opportunlties for all children whatever thelr race, culiure, religion, means or ability-
Encouraging the study of the needs of such children and their families and promoting
public interest in and cognition of such needs in the local areas,.
Instigating and adhering to and furthering the aims and objects of the Early Years
Alliance.
Pa&e I

Achievements and performance
The past year has seen one of considerable change and challenge for the pre- school, but
one in which considerable progress has also been made.
At the AGM on 04.12.2024, several appointments were made to the committee:
Paul Doran was elected ehalrman
Sara Burton was elected secretary
Sharon Hawklns and Rosie Eyles were elected to the committee
Existing committee members were re-confirmed as follows:
Jason Mitty ITreasurerl
Sarah Hiscock (Preschool manager)
Lucy Hawkins
The main priorities for the followingyear agreed bythe committee were to review the
previous intention to transfer the governance over to a CIO, and evaluate the financial risks
to the charity based on projected income and expenditure.
The declslon was subsequently taken to retain the existing charltable status of the pre -
school, based on the extended timescales and financial outlay involved in the conversion.
The committee also agreed to the placing of a proportion of the cash re5erve5 to an account
that would provide a better financial return.
Further financial challenges were encountered due to the statutory rlse In the national
minimum wage, the increase in employers, national insurance contributions and a significant
increase in rent and service charges. l am pleased to say that these and other cost increases
have been managed well and that the pre- school finances are now in a position of some
stability, with no requirement this year to use our cash reserves.
This achievernent is due in no small part to the hard work and commitment of the staff,
parents and committee members who have helped with fund raising, donations and self-
help activities throughout the yÈar.
The pre-school has maintained a deserved reputation for excellence in the community, with
occupancy very high and a growing waiting list. Qn behalf of the committee, I would like to
express my hèartfelt thanks to Sarah Hiscock and her team, whose hard work,
professionalism and dedlcatfon have been exemplary.
On 27.06.2025, the pre- school was subject to a routine OFSTED Inspectton, the first one for
nearly five years. We received a overall grading of"Good", with two minor recommendations
foi improvement, In the context of the current Inspection regime, this Is an excellent
outcome, and once agaln. Sarah and her team are to be congratulated.
Page 2

The upcoming year will, of Course, present further challenges, both financial and regulatory,
but I have every confidence that the teams we currently have in place will rise to them and
that the pre- school will continue to excel and thrive.
stafflng
Miss Teahan. Mrs Smith, Miss Snelling, and Miss Smith have all settled well into their roles
and have all individually shared their idea5 to support the continued developrnent of the
setting. Beata Parry took on a full-time contract supporting SEN children. Mrs Ward remalns
on a flexible workillg colltract.
In January 2025, Mrs Bonnie Hi5cock announced she was expecting her first child in August
and began her maternlty leave In July. Mlss Teahan wlll be standing in as deputy for Mrs
Hiscock during this time,
Miss Snelling has completed the ELSA training and ha5 been supporting children to gain an
understanding of their own and others, emotions.
All staff continued their CPD by attending courses throughout the year and sharing what
they learned during staff meetings.
We invested in a whole staff training in-house session supplied by HCC to update our
knowledge and understanding of safeguarding. This proved to be valued by all staff as it gave
us all time to discuss how we implement safeguardinB throughout the setting.
Admlssions
We are in a very privileged position, with admissions full for thi5 academic year and next,
and a waiting list growing each day. Thi5 reflects the hard work of our team, the well-
resourced environment, and the highly valued emphasis on parent/carer partnership
working. Our fundlng will remain flexible to meet the needs of families, as long as it is
linanclally vlable.
Enhancements
New for 202412025:
Sensory quiet area with resources
A new carpet for the reading area
Replaced the tables with a more neutral calour
Filing cabinets
ELSA resources
Replacement of the flooring In the main roam
Page 3

Spring spruce
We were lucky to have volunteers from the committee, families, and even grandparents who
gave up their own titne to help with cleaning. plantin& and eeneral b'dying up of our
outdoor area.
Fundralslng
Fundraising events have been well supported again this year, and they Included:
Autumn search
Christmas shopping event
Family photo Shoot
Easter Egg hunt
Jolly jars tombola
Flnanclal report
This financlal year has seen an improved performance over that of the previous reporting
period. Our income of £185,688 was higher than expected thanks to increased voucher fees
due in part to the change in free hours provision that started in September 2024 with 15
hours of funded childcare becoming available for eligible working parents with children from
9 months old; pleaslngly as a result of this occupancy numbers increased. Expenditure of
£175.646 was slightly lower than our conservative estimates at the start of the year, with the
main costs attributable to staffing and also an increase on our rent for the preschool's
premlses. These figures resulted in a retained profit of £10,042, whlch when added to
existing funds carried forward leaves u5 Wlth reserves of £82,215
Resèrves pollcv
The trustee5 have established a level of reserves (that is those funds that are freely
available) that the charity should have in order to meet all its liabilitie5 in full and it is
intended that any exce55 funds should be transferred to a higher interest-bearing notice
account in order to augment these reserves.
Publlc benefit statement
The trustees have had due regard to the guidance on public benefit published by the Charity
Commission in exercising their powers and duties.
Page 4

Trustees, responsibilities Statement
The trustees are responsible for preparine the Trustees, Annual Report Énd the financial
statements in accordance with applicable law and UK Accounting Standards {UK Generally
Accepted Accounting Practice)
The law appllcable to charitie5 in England and Wales requires the trustees to prepare
financial statements for each linanclal year which give a true and fair view of the state of
affairs of the charity and of the incominB resources and appllcation of resources of the
charity for that period. In preparlng these financial statements, the trustees are required to:
Select suitable accounting policies and then apply them con515tently,'
Observe the methods and principles in the Charities SORP FRSIO2,'
Make judgements and estimates that are reasonable and prudent,.
State whether applicable accounting standards have been followed, subject to any
material departures disclosed and explalned In the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accountinE records that disclose wlth
reasonable accuracy at any time the financial position of the charlty and enable them to
ensure that the financlal statements comply with the Charities Aet 2011, the Charitv
(Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also
responsible for safeguarding thÈ assets of the charity and hence for taklng reasonable steps
for the prevention and detection of frèud and other irregularities.
PWL PtrrA+v
Paul Doran
Chairman, on behalf of the Board of Trustees
Date.. 1610312026
Page S

SWANMORE PRE4CHOOL
R8glstèred Charlty No 801230
stat•m&nt of Fln#n¢lal Actlvltlès
For the year endèd 31st July 2025
2025
2024
£8
Unrastrlctod R•strl¢tgrl
£s
Total
Unrastrlcted Rastrlctgd
Total
Income
Fees
Regislralion fees
Int9r881 received
SwealshirlslT-shirts
Fundraising
Donaliofts
Relie8hmer)USnack rec8lpls
IF funding
DAF funding
Discretionary Granl
SEN Fundin9
Total Income
168.3C
315
666
10
1,464
799
7,418
168.306
315
144,060
656
871
430
2.773
862
5,141
144,060
656
871
430
2.773
862
5.141
5.68B
1.152
250
10
1.464
799
7,418
4,551
1,979
180
4,551
1,979
180
5,688
1,152
250
178,978
6,710 185,688
1S4,793
7,090
161,8B3
Ex
¥nditure
Fundraising Costs
Wag88 and staff Iraining
Rent gnd rates
563
136,659
11.443
2.205
552
1.127
178
392
510
2,223
812
1,603
700
4,010
359
563
136,659
11.443
2,205
552
1.127
178
392
510
2.223
812
1.603
700
4.010
359
1,598
125.553
9,342
2.598
694
1,036
174
2.628
1.034
2.020
1.598
125,553
9,342
2,598
694
1.036
174
2,628
1,034
2.020
965
Stationèry and cDnsLJmsbles
Telephone and internet
Adverlisin9
Insurance
Subscripltons
Refreshtnentslsftack costs
Roplacgm&nl equlpm$nVIoys
Cleaning and medical
Childrens Uniform
Aceounlancy
DBS Costs
Staff clolhing
Sundry expenses
Entsrtalnl¢)g
Travel
IF Funding expenses
OAF Fundlng Expen$$s
Bank Charges
Répairs and rèn6wals
Total Expendilure
1,620
30
3,512
160
235
588
1.620
30
3.512
160
235
586
436
225
436
225
4.551
1,195
4,551
1.195
32
5,865
5 746 175,646
4.836
828
4.836
828
32
2.859
1fj2,340
32
5,865
169 900
32
2,859
156,676
5,664
Net incomellexpendhturÈl
9.078
964
1 L).042
11.8831
1.426
14571
Transl¢r bèlwogn funds
Mèt movgmanl in fu￿1$
9,078
964
10,042
11,8831
1.426
14571
Reconclllatlon of lunds:
Funds brought lor¢4ard
Total funds ¢arrled forward
68.934
3.239
72,173
70,817
1.813
72,630
Page 6

SWANMORE PRE4CHOQL
Reglstered Charlty No 801230
8alanco Sheet
As at 31st July 2025
2025
2024
Curront assets
Stock
Dèbtors and accrued income
Cash al bank and in hand
230
16.363
75.857
92,450
404
1,588
73.886
75,878
rrenl Ilabllltle5
Ctsdllors and 8ccriJols
10,235
82,21S
3,705
Not ¢urrenl asséts
72,173
Nat assèls
82.215
72,173
Unreslrlcled funds
Roslricled fund5
78,012
4,203
82,215
68.934
3.239
72.173
Thé fln8nelal statements were approved by the Tfusl8es and s¢gn8d on Ihelr behalf by..
Jason Mllty
Dalg.. Lr
/,/.
Page 7

SWANMORE PRE4CHOOL
R•glster8d Charlty No 801230
Notps to the flnan¢lal stat8m•nts
For the year ended 31st July 2025
1. Accountlng pollcles:
These accounis hava bean prèpared under the hlslorlcal cosl convgnllon with ilerns Tecognlsed al cosl or tran$acllon
Value unless othorwisg $13led in the ￿levan1 nDIEs lo the88 accounts_ The accounl have beetk propared in accordance
th the Slalement of Recommended Praclicg.. Accounling and Reporting by Chafilles preparing their accounls In
accordance with the Finaneial Reporting Standard appllcable in the UK and Ropubllc of Ireland IFRS1021 Issued In
October 2019 sjnd Mrilh tha Financial Reporting SIBndard appllcable in the United Kingdom and Republic of Ireland
IFRS1021 and the CharSlles Act 2011.
Swanmore Prg-school meets the definition of 8 public benefit eniliy under seclion 34 01 FRS102. As89ls and liabllitiès
are inilially recognlse(J al hislorical cost or I￿nsa¢ll0nal value. unless otherwise stated in the relevanl accounting policy.
2. Employees
Avèrage number of employees In the year 1012024.. 8}.
There ate no employee8 who received total employee beneffls OT more Ihan £60,00012024.. Nil).
1 Iruslee recelved romuneralk)n S Hicock £26.347 {2024.'£26.390} for 2025. No Iruslees were reirnbursed for expenses
In tha yoar12024.' Nill.
3. Debtors
2025
£s
024
£s
Trade deblors
Prapaymanls & accrued Income
Olher d¢blors
9,994
5,270
1,099
16,363
324
1.264
1,588
4. Cr•dlt4rs
2025
£s
2024
Loan8 and overdrafts
Trade Creditors
Accruals
963
8,411
861
10.235
507
1,816
1,382
3,705
Page 8

SWANMORE PRE-SCHOOL
Indep8ndent Examlner's Report to the Trusteos of Swanmore Pre4chool
I report on the accounts of th8 Irvsl for th8 year ended 3151 Jvly 2025, whleh are sel out on pages 110 6.
Responslblllllo$ and basls of report
As the charity's trustees you are responsible for the preparation of the accounts In accordance wllh Ihe
requirements of the Charities Act 2011 I'lhe Act'l.
I report In respect of my examinallon of the chadly's accounis carfled out under seclion 145 of the Act
and in carrying oul my examination I have followed all the appllcable Directions given by the Charlty
Commission under section 145(5llb) of the Act.
Independent examlner's statement
I have complaled my examlnalion. I confirm thal no material mallers havo come lo my all6ntion in
connection w51h Ihe examinalion giving me cause lo beligve that In any mateflal respeol..
accounting records were not kept In r&sp8cl of the charily as required by section 130 01 the Act,. or
the accounls do not a¢wrd with those records,. or
the accounts do not comply with the appllcablè requirements cOn￿rning the form and conlenl of
accounts sel out in the Charities (Accounls and Reports} Regulalions 2008 olher Ihan any
requlrement that Ihe accounts glve a 'lrue and fair vlew. whlch Is not a maller consldered as part of
n independent examlnation.
I hav9 no concerns and have come across no other malters in conn9Ction wlih tho èxamination lo which
allenlion should be drawn in this report in order to enable a proper underslanding of Ihe accounls lo be
rèached.
Compass Accountants Limited
Venture House, The Tannerles
East Slreel. Tilchfield. Hanls.
P014 4AR
Kerry LawranGe FCA
D81e: 27 201
Page g