Registered Charity No: 900518
Creech St Michael Communi
Pre-sehool.
Unaudited Re
rt and Financial Ststements
for the Year Ended 31SI Au
ust 2025

Creech St Michael Community Pr¢-Sehool.
UDaudtted Report and Financial Stxtements
for the Year Ended 31" August 2025
CONTENTS
PAGE
General infomiation
Annual Report of the Trustees
Independent Examiner's Report
Ststement of Financial Activities
Balanc¢ Sheet
Notes to the Accounts
8-12
Income and Expenditure Account
13

Creech St Michael Community Pre-school.
Annual Report and Financial Statements
for the Year Ended 31" August 2025
Registered Charity Number 900518
Registered Address:
Creech St Michael Community Pre-school
Hyde Lane
Creech St Michael
Taunton
Somerset
TA3 5QQ
Trustees:
Katharine Gri￿lthS- Treasurer & Chair (Resigned from
treasurer on 30 September 2024)
Samantha Self- Trc&surcr (Appointcd treasurer 30
September 2024 & resigned from treasurer 8 October 2025)
Rachel Winter- (Resigned 8 October 2025)
Emily Lawrence- (Appointed 30 September 2024 &
resigned 8 October 2025)
Richard Whil¢- (Appointed 30 September 2024 & resigned
8 October 2025)
David Richardson- Treasurer (Appointed 8 October 2025)
Katie Sedgbeer- Secretary (Appointed 8 Oclober 2025)
Leanne Cooper- (Appointed 8 October 2025)
Sarah Sebire- (Apwinted 8 October 2025)
Matt Stevens- (Appointed 8 October 2025)
Ind¢pcndcnt Examiner:
Miss A Cleaveley F.C.C.A., A.T.T
Michael J. Dodden & Co.
Chartered Certified Accountsnts
34 North Street
Bridgwater
Somerset
TA6 3YD
Bank¢rs:
National Wcstminstcr Bank plc
135 Bishopsgate
London
EC2M 3UR
Page I

Creech St Michael Community Pre-school.
Annual R¢port of ihe Trusteos
For the Year Ended 315t August 2025
Creech St Michael Pre-school is an unincortK)ratcd Charity rcgi5tcrcd with the charity ¢ommi5sion
in England and Wales, number 900518.
The Charity 15 governed by its PLA P-S constitution dated 15 July 1999.
The TTUStees of the Charity as listed on page l are apJK)inted by the Committee at the AGM.
Aims and Ob ectives
The aims of the a550ciation shall be to advance the education of children below compulsory school
age by (A) Providing safe and satisfying group play, in which parents have the right to take part (B)
Encouraging other charitable activities through which parenls may help the children (C) Furthering
the aims of the pre-school playgroups association.
The objectives of the Ch8rity are to provide education and development of the pre-school through
play and learning, and to prepare them for s¢hool. The pre-school accepts childcare vouchers operated
by employers in addition to the Nursery Education Funding* both of which allow inclusion for
children from low-incoTne families.
The Charity operates using standard committee procedures with the financial side being undertaken
by an independent officer.
The TTUStees confirni ihat they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Charity's aims and objectives and in planning
future activities.
Methods used to A
oint Trusttts
The Trustees initially volunteer and we then nominated and seconded by the committee at an
AGMlSGM￿GM. An eligibility declaration fom is then completed and then the DBSIOfsted
registration process begins.
Reserves Poli
A minimum of £10,000 should be retsined to cover day to day expenditure for a period for 3
months.
A minimum of £5,000 should be specifi￿llY retsined for if the building were to become
unavailable.
A minimum of £15.000 should be retained to cover future staff costs.
As of 31 August 2025. the charities unrestricted reserves stood at £93.170 (2024: £108.129) of
this £8.795 {2024: £8,931) 15 held as fixed assets leaving £84,375 (2024: £99.198) of free re5erYes.
This exceeds the targeted minimum level of reserves of £30,0(K).
Page 2

Creech St Michael Community Pre-school.
Annual Report of tbe Trustees (continued)
For the Year Ended 31st August 2025
It has been a busy year at prc5chool. and I would like to thank all the committee members and staff
for a really successful year. In September 2024 we welcomed Mandi into the team as the new
manager. and l think we can all agree she has been fantastic over the last year. Behind the scenes,
she has been doing a lol of hard work sorting the admin side of preschool life, as well as being
present for the children and bringing in fresh ideas and empowering our existing staff. Lily has also
stepped up to be a55i5tant manager in the last year, and l think she is doing an excellent job in the
role as well as her Senco responsibililies.
We were sad to lose one of our longest serving stsff members, Mandy, from the end of the summer
due to personal reasons. We hope she is able to enjoy her time with her family. and hope lo still see
her at preschool fmm time to tirne. We a150 sadly said goodbye to Victoria earlier in the year to a
career change. It has been really lovely to see all of the team develop and grow over the last year,
and its been a pleasure to see everyone having an input in the curriculum and the team seems to run
50 smoothly. I have loved hearing about all the fun learning thc children have been doing, and the
regular newsletter has b£en great to keep parents infotmed and involved.
We have had a quieter year fundraising due to a smaller committee but I have been so lucky to have
the support of all the committee members throughout the year and I will greatly miss those who will
be stepping down this year. We were able to have a successful Chrislmas raffle again. and put on a
Sports Day and Graduation celebration as well. We also had an Easter craft day and held dress up
days. Som¢ of the money from previous donations was put towards some much needed upgrades to
th¢ furniture and storage in the pr¢5chool.
The staff has been keeping up with the constant need for continued trainin8. and Sam is due to
hopefully start her NVQ Level 3 in ihe coming months. I would like to thank them all for iheir
dedication to continued professional development and supporting our childrcn to grow and develop.
I really apprcciate each and cv¢ry one of you, thank you for making the preschool th¢ lovely place it
15.
I would like to thank all the committee members, especially Sam and Rachel who have been
absolutely invaluable 5in¢e l joined the cornmittee. It is so lovely to have such an active committee
to help the pr¢school gro￿. and they have both been amazing personal supports for me over the
past few years.
I look forward to seeing what the next year brings, and look forward to welcoming the new
committee members.
Page 3

Creech St Michael Community Pre￿chool.
Annual Report of the Truslees (continued)
For the Year Ended 31￿ August 2025
Statement of trustee's responsibilitie5.
The trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and Uniled Kingdom Accounting Standards including Financial
Reporting Sthndard 102. The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Prnctice)
The law applicable to charities in F￿gland & Wales requires the trnstees to prepare financial
Statements for each financial year which give a true and fair view of the state of affairs of the charity
and of ihe income and expenditure of the charity for that period. In preparing these financial
statements, the trustees are required to:
Select Suitable accounting policies and then apply them consistently.
Observe the methods of principl&8 in the Charitie5 SORP.
Make judgments and accounting estimates that are reasonable and prudenL
Stale whether applicable accounting standards have been followed, subject w any rnaterial
departures disclosed and explained in the financial statements. and
Prcpare thc financial statements on the going concern basis unless it 15 inappropriate to
presume that the charity will continue in business.
The trustccs are responsible for mainlaining proper account records which disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statemenis comply with the Charilies Act 2011, the Charity (Accounts and Reports) Regulation5 2008
and the provision for the constitution. They are also responsible for safeguarding the &8sets of the
charity and hence for tsking reasonable steps for the prevention and detection of fraud and other
irregularities.
The trustees are responsible for the maintenance and integrity of thc charity and financial information
included on the charity's website. Legislalion in the United Kingdom governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the Twstees on 26 May 2026 and signcd on their behalf by:
Ms Kathar
riffiths-chair
Date
Page 4

Creech St Michael Community Pre-school.
Independent ExamKner's Report to the Trustees ofcreecb St Michael Community Pre-Sthi)ol
For the Year Ended 31st August 2025
I report on the accounts of Creech St Michael Community Pre-school for the year ended 31 August
2025 which are set out on pages 6- 13.
Responsibilities and basis of report.
As the charity trustees of the charity, you are responsible for the preparation of the accounts in
accordance with the rquirements of the Charities Aci 2011 ('Xh¢ Act")
I report ID respect of my examination of the charity's accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Directions given by
thc Charity Commission under section 145 (5)(b) ofthe ACL
Independent examiners. statement.
I have cornpleted my examination. J can confinn that no material matters have come to my attention
in connection wilh the examination giving me cause tr) believe that in any material respect.
(l ) Accounting records were not kept in respect of the Trust as required by section 130 of the
Act; or
{2) The accounts do not accord with those records" or
(3) The ac¢ounls do noi comply with the applicable requirements concerning the fonn and
conl¢nts of the accounts set out in the Charili¢5 (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give *rue and fair view" which is not a matter
considered as part of an ind¢pendent examination.
I have no concerns and havc comc acTO55 no othcr ma¢ters in connection with the examination io
which attenlion should be drawn in this repjrt to enable a proper understanding of the accounts to be
reached.
Miss A Cleavel
".C.C.A.. A.T.T
Michacl J Dodden & Co
Chartered Certified Accountants
34 North Strcet
Bridgwater
Somer5et
TA6 3YD
Date.......
Page 5
Creech St Michael Community Pre-school

Statement of Financial Activities
For the year ended 31 August 2025
Unrestricted R&stricted
Funds
Funds
2025
Tijtal
2024
Tolal
Income
Donations & legacies
Charitable activities- Pre-school income
Commissions receivable
Other trading activities
Investment income
201
111,439
201
111,439
798
125.824
508
483
508
483
1,538
756
112,631
112,631
128,916
Expenditure
Charitsble Activities- Pre-school
Runnin8 costs
119,141
93
119.141
93
122,481
99
Other
119.234
119,234
122,580
Net Incom¢/(Expenditure)
Net movement in funds.
(6,603)
(6.603)
6.336
Reconciliation of funds:
Tolal 14unds Brought Forward
108,129
100.756 208.885
202.549
Totsl Funds Carried Forward
101,526
100.756 202,282
208,885
The note5 on pages 8- 13 forni part of these financial statements
Page 6

Creecb St Michael Community Pre-school
Balanee Sheet
2131 August 2025
2025
Total
2024
Total
Note
Fixed A&sels
Land and Buildings
Plant and Machinery
109,144
407
109.144
543
109.551
109,687
Current Assets
Debtors
Cash and cash equivalents
1.957
96,202
3.111
103,969
98,159
107,080
Current Liabililios
Creditors
5,428
7,882
Net Current Assets
92.731
99.198
Net Assets
202,282
208.885
The Funds of the Charity
R¢stricted Funds
100,756
100,756
Unrestrictcd Funds
101,526
108,129
Total Charity Funds
202,282
208,885
Thcse accounts have bcen approved by the committee and are Signed on their behalf by:
. Ms Katharine Gri￿lths. Chair
Date
. Mr David Richardson, Treasurer
.4.].6 J. 16
. Date
The notes on pages 8 and 13 forni part of these financial ststements.
Pagc 7

Creech St Michael Community Pre-school
Notes to the Financial Statements
For the year ended 31 August 2025
l Accountlng Policies
The financial statements have been prepared under ihe hisiorical cosl convention with ilems
r¢cognised at cost or transaction value. The financial statements have been prepared in
accordance wilh the Accounting and Rewjrting by Charilies: sta￿ment of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS102) (effective I
January 2015)- (Charities SORP (FRS102)) Update Bulletin l issued February 2016, Update
Bulletin 2 issued October 2018, the Financial Reporting Stsndard applicable in the United
Kingdom and Republic of Ireland {FRSI 02) and the Charities Act 2011.
The Charity constitutes a public entity as defined by FRS 102.
The trust¢¢s consider that there are no material uncertainties about the Charity's ability to
ontinue as a going concern.
mcRe
All income is recognised once the charity has entitlement to the income. it is probable thal the
incomc will be received, and the amount of income receivable can be measure reliably.
en
Rec
Liabilities are recognised as expenditure a5 soon as there is a legal or eonstTUCtive obligation
committing the Charity to the expendilure. it is probably that seitlement will be required and
the amount of the obligation can be measured reliably. All expenditure is accounted for on an
accrual's basis. All expenses including sUPPOrt cosls and governance w5ts are allocated or
apportioned to the applicable expenditure headings.
d)
Charitable activilies comprise 811 costs directly incurred in undertaking activities to fulfil the
Charity's objects. The cost of charitable activities wnsists of Pre-school running costs,
support costs and governance costs. This includcs all costs involving thc public accountability
of the charity and its compliance with regulation and good practice. These costs include costs
related to the independent examinalion.
As a registered charity. the organi5*ion is exempt from income 2nd corporation tsx to the
extent that its income and gains are applicable to charitsble purposes only.
vera
Irrecoverable VAT is charged against the expenditure heading to which At was incurred
Funds are classified according to the manner in which they are allowed to be present. The
unrestricted general fund represents the accumulation of the Charity's income and expenditure
that has not been earmarked for specific projects and is not Considered by the Trustees to be
for a restricted purpose. To the extent that the fund is represented by readily realisable assets
it provides a means of flnancing thc day-to-day operdtions.
Page 8

Creech St Miehael Community Pre-school
No¢es to the Financial Statements
For the year ended 31 August 2025
g) Fund Accountin
continued
Restrictcd funds have been provided to the charity for PUTposes, and it is the policy of the
board of tnjstees io carefully monitor the application of those funds in accordance with the
restrictions placed U￿)Th them.
ible Fixed Assets
Tangible fixed assets include the pre-school hall and fixtures and fittings.
Individual r￿ed &5sets costing £l.000 or more are capitalised at cost.
Land and building are considered to have a high residual value that is equal to the book value
of the asset because the residual value of the properties is maintained by the ongoing
maintenance of the property. Accordingly. no depreciation is charged.
Works which do not result in enhancement of economic benefits of a property are charged to
the Income and Expenditure AccounL
Plant and machinery are stated at historical cost less depreciation so as to vnite off the cost of
tsn asset over th¢ useful economic life of that asset as follows:.
Plant and machinery- by equal instalments over 10 years.
The useful economic lives and residual values of all tangible fixed assets are reviewed
annually.
i) C3sh and Cash
uivalents
Cash and cash equivalents include cash in hand. deposits and other short-terni highly liquid
inve5lments that are readily convertible to know amounts of cash with insignificant risk of
changc in value.
j) Financial Instruments
The charity only has financial ￿ets and liabilities that qualtfy as basic financial instruments.
Basic financial instruments are initially recognised as transaction value and subsequently
measured at amortised cost.
k) Critical Accountin
Jud
ements and Estimation Uncertain
Estimates and judgements are continually evaluated and are based on historical experience
2nd adjusted for current rnarket conditions or other factors. The Trustees make estimates and
assumptions concerning the future. The resulting accounting eslimates will, by definilion,
Seldom be the same as r¢latcd actual results. The estimates, assumptions and management
judgements that carry a significant risk of material adjustments to the carrying amounts of
assets and liabililies within the next financial year are outlined below.
l) Residual values of land and buildin
Land and buildings are not depreciated on the basis that their residu21 value is at least equal
to th¢ir carrying value based on the continual maintenanc¢ of th¢5e propertics. The significant
assumptions applied in detemlining the residual values of our buildings are mainly due to (i)
whether it will continue to be necessary to maintain the properties to a certain standard (li) the
market valuc of the properties.
Page 9

Creech St Michael Community Preaschool
Notes to the Financial Statements
For the year ended 31 August 2025
2 Trustees Remuneration aDd Expense5
No ￿MUneration, other benefits or expenses have been paid to any of the truslees during
the year (2024 - £nil).
3 Tangible Fixed A&sets
Land &
Buildings
Plant &
Machinery
Total
C05t
At I September 2024
109,144
16.434
125,578
Additions
At 31 August 2025
12
recTation
At I Scptcmber 2024
15.891
15,891
Charge for year
136
At 31 August 2025
Book Value
At 31 August 2025
109,144
407
109,551
At 31 August 2024
109,144
543
109,687
Page 10

Creech St Michael Community Pre-school
Notes to the Fin2neial Statements
For the yvar ended 31 August 2025
4 Statement of Fund5
I September
2024
31 August
2025
Income
Expenditure
108.129
111631
119.234
101.526
New Hall fund
I￿.750
100,756
208.885
111631
119,234
202.282
Repr¢s¢nted by
Uttrestricted R￿trICted
Funds
Funds
Fixed Assets
Net Current Assets
8,795
92.731
100.756
101.526
100.756
The unrestricted funds represent free funds of the Charity. which are not designed for a particular
purpose.
The pre-school purchased a new hall at a cost of £100.756 in the year ended 31 August 2007 out of
funds specifically raised for this purpose.
Prior Year Statement of Funds
I September
2023
31 August
2024
IDCOtDe
EipeDditure
nrestricted
101,793
12&916
122.580
108.129
New Hall fund
l(Kl,756
100.756
202,549
128.916
122.580
208.885
Repr¢s¢ntrd by
Uttrestrieted Restrie(ed
FvDds
Funds
Fixed Ass¢Ls
Net Current Assets
8,931
99.198
100,756
108.129
100.7S6
Pagell

Creech St Michael Community Pre-sthool
Notes to the Financial Statements
For tbe yearended 31 August 2025
Staff Costs
The average nurnber of staff employed durlng the period was as follows:
2025
2024
Th¢ aggregate payroll costs of these persons were as follows:
2025
2024
Wages and salaTies
Pension5
93.947
1.568
93,625
95,515
94,636
There were no employees with emoluments above £60,000 in the year.
The Charity considers it keys management personnel to comprise of the nursery Manager.
Total remuneration olkey management was: £26.624 {20?4 £15,167).
Page 12

Creech St Michael Community Pre-school
Trading Income and Expenditure Account
For the year ended 31 August 2025
UDrestri¢¢ed
Funds
Restricted
Total
2025
To¢al
2024
FU￿d$
Income
Donalion5
201
798
Charitable Artivities
Fees
Early Years grdnt
Interest
14,791
96.648
483
14,791
96.648
483
26,905
98.919
756
Other Trading Activities
Fundraising ¢vents and aprxals
508
508
.538
Total Income
111631
112.631
128.916
Expenditure
Charitable A¢tivitKes
Wages
Playgroup supplies
Upkeep
Establishment
Telephon¢
Refreshments
Training
P05tage. printing & stationery
Finance service costs
Repairs
Unifornis
Depreciation
95.515
2.962
1.541
9.634
1.339
910
380
652
4.006
1.127
95.515
2.962
1.541
9.634
1.339
910
380
652
4,006
1.127
949
136
94.636
1,864
.439
6.168
,202
1.002
414
320
4.383
7,959
949
1,643
136
Other
Miscellaneous
1,032
1.032
601
Tot*1 Expend5ture
119.234
19.234
122.580
Net In¢om¢
(6.603)
{6,603)
6,336
Reconc51iation of Funds:
Totsl Fund5 Brought Forward
108.129
100.756
208.885
202.549
Totsl Funds Carried Forward
101.526
100.756
202.282
208.885
Page 13