Charity registration number 1146378 (England and Wales)
Company registration number 07827217
BARNETT WOOD PRE SCHOOL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
BARNETT WOOD PRE SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M L Tiley (Chair)
Mrs E J Deighton (Employee and Parent Liaison/Health & Safety)
Mrs S M Leyland (Curriculum and Inspection)
Secretary
Mr M L Tiley (Chair)
Charity number
1146378
Company number
07827217
Principal address
213 Barnett Wood Lane
Ashtead
Surrey
KT21 2DF
Registered office
213 Barnett Wood Lane
Ashtead
Surrey
KT21 2DF
Independent examiner
Linda Dunford FCCA CTA
Warner Wilde Limited
Chartered Certified Accountants
4 Marigold Drive
Bisley
Surrey
GU24 9SF
Bankers
Santander - Bootle
Bootle
Merseyside
L30 4GB
BARNETT WOOD PRE SCHOOL
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
4
Statement of financial activities
5 - 6
Balance sheet
7
Notes to the financial statements
8 - 18
BARNETT WOOD PRE SCHOOL
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 AUGUST 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The pre-school's object ives are to enhance the development and education of children under statutory school age. The policies adopted in furtherance of these objects are to operate a pre-school and there has been no change in these during the year.

Public benefit

The trustees have paid due regard to guidance on public benefit issued by the Charity Commission in deciding what activities they should undertake.

Achievements and performance
Significant activities and achievements against objectives

The trustees, management and staff have once again worked tirelessly to ensure we provide an excellent level of care, early learning and development for all the children attending our setting.

We have worked, through frequent changes in government guidance, in particular the new regulations around the charging and transparency costs to parents which were announced in February 2025. The setting continues to offer Working Parent Entitlement in the most flexible way that it can for parents, ensuring that parents receive the best value for money they can.

The setting continues to work with Surrey County Council’s Early Years team, ensuring that all our practitioners are following the latest techniques and guidelines. In addition, the setting continues to work with local schools to ensure a smooth transition for the children to their new setting.

Once again, the setting has identified high numbers of children with Special Educational Needs during this period and has worked with families and professionals to ensure that the needs of these children are met and that, where applicable, the children move to their next setting with the necessary support plans in place.

The setting is fortunate to receive an excellent level of support and engagement from parents who have children at the preschool. This continues to create a positive partnership to support the continuing development of all children at the setting.

Financial review

lncoming resources amounted to £39 7,636 for the year (2024: £363,729), which results in a surplus of £26,731 (2024: £26,495). Once again, the setting had high levels of fundraising and grant funding which contributed to this surplus.

Designated reserves carried forward are £57,368 (2024: £57,938).

Unrestricted reserves carried forward amount to £184,508 (2023: £153,207).

BARNETT WOOD PRE SCHOOL
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
Reserves policy

The trustees' current reserves policy is to maintain sufficient financial reserves which are no less than 6 months’ worth of running costs. However, operating in excess of this is considered prudent at this time when considering the increased costs and uncertainty over the impact that the new Working Parent Entitlement will have on the setting’s overall finances.

The charity's principal source of income is from Surrey County Council in the form of grants for children within the funding bracket for Early Years funding, together with fees from parents not covered by council funding. Fees are invoiced termly.

In recent years the increase to National Living Wage and energy prices have not been entirely mitigated by increases in the funding received from Surrey County Council. Therefore, to ensure the continued viability of the setting, we have no option but to ask charge funded children a ‘sustainability fee’ to cover the cost of consumables as well as holding fundraising events in order to ensure that we can continue to offer the high level of childcare and the variety of activities that we have done in the past. Further increases in the National Living Wage and employer’s National Insurance rates will continue to impact the setting’s finances.

Major risks
The trustees have assessed the major risks to which the pre-school is exposed, and are satisfied that systems are in place to mitigate exposure to these.
Plans for future periods

The preschool continues to work from a very sound financial foundation which will provide us with the opportunity to assess how we can improve our facilities and resources to further enhance our early years aims and ambitions.

During the year 2024-2025 the setting has undertaken extensive maintenance work to the building from which it operates, including replacement of the floor and subfloor (due to undulations following a flood in 2019), and replacement of the internal bifold doors which had reached the end of their life. The setting is also exploring the feasibility of installing solar panels on its roof, to improve its environmental sustainability and mitigate day-to-day running costs through lower energy bills.

The preschool directors are committed to ensuring that staff members receive the training and support they need to fulfill their role within the setting.

Structure, governance and management
The charity is a company limited by guarantee.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr M L Tiley (Chair)
Mrs E J Deighton (Employee and Parent Liaison/Health & Safety)
Mrs S M Leyland (Curriculum and Inspection)
Recruitment and appointment of trustees

The formal process for appointment of trustees is set out in section 5 of the Articles of Association.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. New trustees are invited for a tour of the premises and talk to a director about the ethos of the Pre-School and how it runs.

BARNETT WOOD PRE SCHOOL
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
Organisational structure

The running of the pre-school on a day to day basis is delegated by the trustees to a manager, Mrs Louise Pruthi supported by a team of staff. The management committee provides management support and direction to the group leader. They are also responsible for raising funds and ensuring fees and grants are received in good time. Fundraising activities are organised by parents to augment the funds of the playgroup.

The charitable company was incorporated on 28 October 2011 and began its activities on 6 April 2012.

The trustees' r eport was approved by the Board of Trustees.

Mr M L Tiley (Chair)
Trustee
12 March 2026
BARNETT WOOD PRE SCHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BARNETT WOOD PRE SCHOOL
- 4 -

I report to the trustees on my examination of the financial statements of Barnett Wood Pre School (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Linda Dunford FCCA CTA
Warner Wilde Limited
Chartered Certified Accountants
4 Marigold Drive
Bisley
Surrey
GU24 9SF
23 March 2026
BARNETT WOOD PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
Current financial year
Unrestricted
Unrestricted
Total
Total
funds
funds
general
designated
2025
2025
2025
2024
Notes
£
£
£
£
Income and endowments from:
Donations and legacies
3
282,742
-
282,742
227,396
Charitable activities
4
101,064
-
101,064
124,815
Other trading activities
5
-
1,925
1,925
3,665
Investments
6
7,566
-
7,566
4,372
Other income
7
4,339
-
4,339
3,481
Total income
395,711
1,925
397,636
363,729
Expenditure on:
Raising funds
8
1,049
-
1,049
1,311
Charitable activities
9
361,879
7,977
369,856
335,923
Total expenditure
362,928
7,977
370,905
337,234
Net income/(expenditure)
32,783
(6,052)
26,731
26,495
Transfers between funds
(1,482)
1,482
-
-
Net movement in funds
11
31,301
(4,570)
26,731
26,495
Reconciliation of funds:
Fund balances at 1 September 2024
153,207
57,938
211,145
184,650
Fund balances at 31 August 2025
184,508
53,368
237,876
211,145

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BARNETT WOOD PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
Prior financial year
Unrestricted
Unrestricted
Total
funds
funds
general
designated
2024
2024
2024
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
227,396
-
227,396
Charitable activities
4
124,815
-
124,815
Other trading activities
5
-
3,665
3,665
Investments
6
4,372
-
4,372
Other income
7
3,481
-
3,481
Total income
360,064
3,665
363,729
Expenditure on:
Raising funds
8
1,311
-
1,311
Charitable activities
9
326,596
9,327
335,923
Total expenditure
327,907
9,327
337,234
Net income/(expenditure)
32,157
(5,662)
26,495
Transfers between funds
(5,000)
5,000
-
Net movement in funds
11
27,157
(662)
26,495
Reconciliation of funds:
Fund balances at 1 September 2023
126,050
58,600
184,650
Fund balances at 31 August 2024
153,207
57,938
211,145
BARNETT WOOD PRE SCHOOL
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 7 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
15
15,621
19,098
Current assets
Stocks
16
1,811
1,453
Debtors
17
18,349
3,821
Cash at bank and in hand
372,312
276,599
392,472
281,873
Creditors: amounts falling due within one year
18
(170,217)
(89,826)
Net current assets
222,255
192,047
Total assets less current liabilities
237,876
211,145
The funds of the charity
Unrestricted funds - general
22
184,508
153,207
Unrestricted funds - designated
21
53,368
57,938
237,876
211,145

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 12 March 2026
Mr M L Tiley (Chair)
Trustee
Company registration number 07827217 (England and Wales)
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 8 -
1
Accounting policies
Charity information

Barnett Wood Pre School is a private company limited by guarantee incorporated in England and Wales. The registered office is 213 Barnett Wood Lane, Ashtead, Surrey, KT21 2DF.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 9 -
1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Buildings
10 years straight line
Fixtures, fittings & equipment
3 years straight line, 5 years straight line
Computers
3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently measured at the cash or other consideration expected to be received and not discounted.

BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 10 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Basic financial liabilities are subsequently measured at the cash or other consideration expected to be paid and not discounted.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13

Debtors

Debtors and prepayments are recognised at the amount due.

1.14

Creditors

Creditors are recognised where the charity has a present obligation arising from a past event and the amount can be reliably measured or estimated.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 11 -
3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations and gifts
110
67
Grants
282,632
227,329
282,742
227,396
Grants
Early Years grant funding
248,475
194,751
Other grants
34,157
32,578
282,632
227,329
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Charitable activities
Fees
101,064
124,815
5
Income from other trading activities
Unrestricted
Unrestricted
funds
funds
designated
designated
2025
2024
£
£
Fundraising events
1,925
3,665
6
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Interest receivable
7,566
4,372
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 12 -
7
Other income
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Other income
4,339
3,481
8
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Advertising
-
18
Other fundraising costs
585
781
585
799
Trading costs
Other trading activities
464
512
Total costs
1,049
1,311
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 13 -
9
Expenditure on charitable activities
Charitable activities
Charitable activities
2025
2024
£
£
Direct costs
Staff costs
304,586
269,157
Depreciation and impairment
6,331
6,613
Rent and insurance
9,648
9,553
Electricity
4,690
4,118
Phones
490
503
Maintenance and cleaning
17,136
16,340
Children's activities and equipment
9,923
13,361
General expenses
7,561
7,991
Office costs
1,226
1,108
Other staff costs
5,118
5,463
External suppliers - Children's activities
80
255
366,789
334,462
Share of support and governance costs (see note 10)
Governance
3,067
1,461
369,856
335,923
Analysis by fund
Unrestricted funds - general
361,879
326,596
Unrestricted funds - designated
7,977
9,327
369,856
335,923
10
Support costs allocated to activities
2025
2024
£
£
Governance costs
3,067
1,461
Analysed between:
Charitable activities
3,067
1,461
2025
2024
Governance costs comprise:
£
£
Independent Examiner
1,224
1,200
Other governance costs
1,843
261
3,067
1,461
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 14 -
11
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
6,331
6,613
12
Trustees

None of the trustees (or any persons connected with them) received remuneration during the year. 2024: none.

None of the trustees received reimbursement of expenses during the year. 2025: 1 trustee was reimbursed £47.

13
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Management
2
2
Childcare
9
9
Admin
1
1
Total
12
12
Employment costs
2025
2024
£
£
Wages and salaries
248,586
236,138
Social security costs
24,762
9,330
Other pension costs
31,238
23,689
304,586
269,157

There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

Defined as the manager, deputy manager and office manager roles.

2025
2024
£
£
Aggregate compensation
136,143
112,250
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 15 -
14
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

15
Tangible fixed assets
Buildings
Fixtures, fittings & equipment
Computers
Total
£
£
£
£
Cost
At 1 September 2024
40,520
24,047
5,176
69,743
Additions
-
2,851
-
2,851
Disposals
-
(888)
(1,150)
(2,038)
At 31 August 2025
40,520
26,010
4,026
70,556
Depreciation and impairment
At 1 September 2024
27,021
19,398
4,223
50,642
Depreciation charged in the year
4,052
1,765
514
6,331
Eliminated in respect of disposals
-
(888)
(1,150)
(2,038)
At 31 August 2025
31,073
20,275
3,587
54,935
Carrying amount
At 31 August 2025
9,447
5,735
439
15,621
At 31 August 2024
13,499
4,647
952
19,098
16
Stocks
2025
2024
£
£
Finished goods and goods for resale
1,811
1,453
17
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
958
1,734
Other debtors
15,280
-
Prepayments and accrued income
2,111
2,087
18,349
3,821
BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 16 -
18
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Other taxation and social security
2,017
3,842
Deferred income
19
104,751
-
Trade creditors
16,428
3,128
Other creditors
-
37,169
Accruals
47,021
45,687
170,217
89,826
19
Deferred income
2025
2024
£
£
Other deferred income
104,751
-

Deferred income is included in the financial statements as follows:

2025
2024
£
£
Deferred income is included within:
Current liabilities
104,751
-
Movements in the year:
Deferred income at 1 September 2024
-
-
Resources deferred in the year
104,751
-
Deferred income at 31 August 2025
104,751
-
20
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
31,238
23,689

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 17 -
21
Unrestricted funds - designated

These are unrestricted funds which are material to the charity's activities.

At 1 September 2024
Incoming resources
Resources expended
Transfers
At 31 August 2025
£
£
£
£
£
SEN Planned Expenditure
2,448
-
-
-
2,448
Leasehold Improvement Fund
10,979
-
(4,052)
-
6,927
Training Fund
18,298
-
-
-
18,298
Fundraising Fund
1,213
1,925
(3,925)
1,482
695
Maintenance Fund
25,000
-
-
-
25,000
57,938
1,925
(7,977)
1,482
53,368
Previous year:
At 1 September 2023
Incoming resources
Resources expended
Transfers
At 31 August 2024
£
£
£
£
£
SEN Planned Expenditure
2,806
-
(358)
-
2,448
Leasehold Improvement Fund
15,031
-
(4,052)
-
10,979
Training Fund
18,297
-
-
-
18,297
Fundraising Fund
2,466
3,665
(4,917)
-
1,214
Maintenance Fund
20,000
-
-
5,000
25,000
58,600
3,665
(9,327)
5,000
57,938

SEN Planned Expenditure

The Planned Expenditure Reserve has been set aside for children with special needs.

Leasehold Improvement Fund

The Leasehold Improvement Fund is to cover improvements such as the provision of a reading room and the development of the playground area. The fund will be expended in line with annual depreciation for the associated assets.

Training Fund

The Training Fund has been set up to provide resources for the Pre School to offer level 3 training for up to two staff a year for a period of 5 years encouraging retention through training and development.

Fundraising fund

The fundraising fund represents monies raised by fundraising set aside for the purchase of play equipment.

Maintenance fund

The Maintenance fund has been set up to provide funds for future repairs.

BARNETT WOOD PRE SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 18 -
22
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 September 2024
Incoming resources
Resources expended
Transfers
At 31 August 2025
£
£
£
£
£
General funds
153,207
395,711
(362,928)
(1,482)
184,508
Previous year:
At 1 September 2023
Incoming resources
Resources expended
Transfers
At 31 August 2024
£
£
£
£
£
General funds
126,050
360,064
(327,907)
(5,000)
153,207
23
Analysis of net assets between funds
Unrestricted
Unrestricted
Total
funds
funds
general
designated
2025
2025
2025
£
£
£
At 31 August 2025:
Tangible assets
15,451
170
15,621
Current assets/(liabilities)
169,057
53,198
222,255
184,508
53,368
237,876
Unrestricted
Unrestricted
Total
funds
funds
general
designated
2024
2024
2024
£
£
£
At 31 August 2024:
Tangible assets
18,508
590
19,098
Current assets/(liabilities)
134,699
57,348
192,047
153,207
57,938
211,145
24
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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