Registered charity number 1029866 West Looe Playgroup Report and Accounts 31 August 2025
Wèst Looa Playgroup Report and accounts ontents Page Trustees rewrt Independent examinerfs report Statement of financial adivities Statement of financial position Statement of cash flows Notes to th8 accounts
West Looe Playgroup Registered number: Trustees. Report 1029866 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounling and Reporting by Charities" in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies sel out in the notes lo the accounts and comply with the charills governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland published in October 2019. Reference and admlnlstratlve detslls Charity name The Charity is known as 'West Looe Playgroup,. Charity number 1029866 Principal office The Old School Canteen Downs Road Looe Cornwall PL13 2AR Trustees Rachel Ovens Claire Dewe Lucy Gillett Elizabeth Blewett Heather Alford Chadolle Pinnell-mccrea Kelsey Flagg Secretary Elizabeth Blewett Manager Laura Marlow Accountants and independent Wills Accountants Limtted examiner Chartered Certified Accountants 2 Endeavour House Parkway Court Longbridge Road Plymouth PL6 8LR Bankers Barclays Bank The Banking Hub Looe Comwall PL13 2BX
West Looe Playgroup Registered number: Trustees. Report 1029866 Structure, governance and management The trust was established by a Deed of Trust on 12th May 1993. The charity is managed by a board of trustees who meet wularly lo discuss its affairs. Trustees are invariably drawn from a cross section of volunteers who are appointed at any general meeting of the charity. In recruiting new trustees, the trustees have regard to the skills and knowledge that new trustees can bring lo the board. Objectives and activities The obje¢l of the charity is to provide a nursery facility in West Looe and surrounding areas for children aged 4 months to 5 years, and a holiday club provision for children aged 5 to 11 years. Publlc beneflt ststement The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Trust's aims and objectives and in planning future actiwties. Achievements The Nursery welcomes all children into the setting, offering all year-round care to working parents and we care for babies and children up lo S years, 5 days a week from 7.30am-6pm, excluding bank holidays and 2 weeks at Christmas. We have continued lo receive funding for 2, 3 and 4 year olds and 30 hour funding for eligible working parents during this time. The nursery continues lo be very successful, employing 25 staff members lo work across the 3 playrooms. Fundraising The committee and staff have worked hard to fundraise for the nursery including a Silent Disco for parents which raised £247.70, a Halloween Disco for children which raised £587.18 and a very generous donation of £650 from a local supporter, Mr Ali. The total fundraising this year has been £3,150.04 which is an arllazing effort. We are also extremely fortunate to be well supported by Wesl Looe Trust who heavily subsidise our rent, charging us only £1,142.79 per annum, giving us a rent subsidy of £5,875, which allows us to ensure that all monies raised can be put back into the nursery to buy resources for the chIldn who 8ttend the nursery. We have also received an expansion grant of £5,488 from Cornwall Council and the DFE to help the nursery to Cope with the extra children that have joined the nursery that are taking a funded place. The chairperson would like lo thank all staff and committee for all the help and support throughout this year, staff have been flexible with the hours that they work and have coped well with the changes made lo the setting which has enabled us lo be a viable all-year-round nursery offering quality childcare lo the Looe area. We would also like lo thank the parents, carers and local community for their help and support throughout the year. Performance and future plans As will be seen from the notes to the accounts Ilncoming resources from charitable aclivitiesl, the structure of the charity's income has Changed. This follows the introduction of increased free funding frorn the govemmenl, resulting in lowewr fees from parents and higher local authority funding. The Charity measures ils suc¢ess by the numebrs of children attending the nursery. Our children numbers are 100 nursery children14 months lo 4 years) and 40 holiday club children lup to aged 111.
West Looe Playgroup Registered number: Trustees. Report 1029866 We have exceeded our own short term goals by expanding and filling the nursery lo capacity. We have a wailing list well in to 2027 for some rooms and are now looking at our sustainability in maintaining this. Other plans under consideration are to ensure that we are environmentally sustainable going fonard. Financial review The trustees are satisfied with the results for the year. Cash al bank reserves on 31 August 2025 were £111,920.51 (Current Account £38,280.82, Savings Account £70,848.34, Fundraising Account £2,791.35). The corresponding balance at 31 August 2024 was £113,759.51. Approximately two months reservelcontingency is held in reserye Icurrenlly £70,848.34 is held in a deposit accounti. The main income of the charity is through funding from Cornwall Council for children who are funded and we also re1ve fees from parents who pay lo book extra sessions for their children, and through the holiday club, which runs every school holiday. Our fees increase each April, as does the local government funding. Reserves The trustees have reviewed the level of reserves held and consider the level of reserves appropriate for the continuance of the charitys activities. Risk management The trustees monitor and review the key risks to which the charity is exposed and are satisfied that measures are put in place to manage those risks.
West Looe Playgroup Registered number: Trustees. Report 1029866 Trustees. responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally ACpIed Accounting Pracb"cel. The law applicable to charities in England and Wales requires the charity trustees lo prepare financial ststements for each year which give a true and fair view of the slate of affairs of the charty and of the incorlling resources and application of resources, of the charity for that period. In preparing the financial ststements, the trustees are required lo.. sele¢l suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP., make judgements and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained 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 accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reportsl Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the mainlenance and integrity of the charity and financial informab'on included on the charity's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in olherjurisdiclions. Rachel Ovens Trustee 28 May2026
W•sl Looè Playgroup Indèpèndènt Examin•rs' Rèport for thè ar •nd•d 31 August 2024 Independent Examiners. report to tho trustses of Wost Loo8 Playgroup I report to the charity tluslees on tny examination of the accounts of the charity for the year ended 31 August 2025, which are set out on p3ges 1 to 15. Responslbllltles and basls of report As the charivs trustees you are responsible for the prepzr3tion of the accounts in accordance wth the requirements of the Charities Act 2011 Ilhe ACVI. I report in r8SPeCt of my examination of the charity'5 accounts carried out under section 145 of the Act and in carrying out my examination I have followed sll the applicable Directions given by the Charty Commission under section 14515llbl of th8 Act. Independent examlner's ststement The charills gross income exceeded £250,000 and l am qualified to undertake the exsmination by being 8 qualified member of the Association of Chartered Certified Accountants. I have (x>mp181ed my examination. I confirm that no material matters h8ve Coma to my attention in conn8clion with th8 examination which gives me caus8 to believe th8t in any mat8rial respect.. accounting records w8r8 not k8pI in resp8Ct of th8 charity as r8quir8d by s8clion 130 of th8 Ael., or 2. the accounts do not accord with those records., or 3. the a¢¢ounls dld not comply *ith the appli¢able requirements COnrnIng the fomi and ¢ontent of a¢¢ounls set out in the Charities IA¢¢ounts and Reportsl Regulations 2008 other than any requIrnet that the accounts give a'true and falr vlew whl¢h is not a matter ¢onsidered as part of an independent examination. I have no concerns and have cotne across no other rDatters in connection wth the exarnination to which attention should be drawn in this report in order to enable a pioper understanding of the account5 to be reached. Philip W Soutter FCCA ATT For and on behalf of.. Wills Accountants Limited 2 Endeavour House Parkway Court Longbridge Rosd Plymouth PL6 8LR 28 May 2026
West Looe Playgroup Statement of financial activities for tha year endad 31 August 2025 Unrestricted Restricted funds funds Total Total Notes 2025 2025 2025 2024 INCOMING FROM: Donations and grants Incoming resources from charitable activities Investment income 650 650 1,000 593,578 593,578 418,698 696 696 383 TOTAL INCOME 594,924 594,924 420,081 EXPENDITURE ON.. Expenditure on charitable activities 576,091 100 576,191 409,163 TOTAL EXPENDITURE 576,091 100 576,191 409,163 NET MOVEMENT IN FUNDS 18,833 100 18,733 10,918 RECONCILIATION OF FUNDS Funds brought forward Met movement in funds 48,652 162 48,814 37,896 18,833 11001 18,733 10,918 FUNDS CARRIED FORWARD 67,485 62 67,547 48,814 The stslement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
Wèst Looa Playgroup Statèmènt of financial position as at 31 August 2025 Notes 2025 2024 FIXED ASSETS Tangib18 assets 4.391 4.279 CURRENT ASSETS Debtors Cash at bank and in hand 12 10,382 112.021 122.403 13,186 113.860 127,046 CREDITORS: 8mounls falling due within one year 13 159,2471 182,5111 NET CURRENT ASSETS 63,156 44,535 NET ASSETS 67,547 48,814 FUNDS Unrestricted fund5 Restricted funds 67.485 62 48.852 162 TOTAL FUNDS 16 67.547 48.814 Rachèl Ovens Trustee 28 May 2026
West Looe Playgroup Statement of cash flows as at 31 August 2025 Notas 2025 2024 Cash flows from operating activities 18 12,1101 47,641 Cash flows from investing activities Payrnenls lo acquire tsngible fixed assets Interest received 14251 696 13,5901 383 Net cash provided byl (used in) investing activities 271 13,2071 Cash flows from financing activities CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 1,839 44,434 CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR Cash and cash equivalents at start of year 11,8391 113,860 44,434 69,426 Cash and cash equlvalgnts at end of year 112,021 113,860
West Looe Playgroup Notes to the Accounts for the year ended 31 August 2025 1 Accountirbg PDlicies Basis ofprepar4tton Wt8t Lootr Playgroup Is In unlncorporttd Iw8t Constllud In England. Tht prindpal officé address is set out in the Trustees. Report. The nature of Ihe charitys operations and principal aclivllies lo provida child c8r& serwl¢es. Tre tharityconslitutes a public benefit entity as defined by FRS 102. The finanoal statements have been prepare(l in a¢cord8nce with FRS 102. Accounting and R8porting by Chri118s.' Stalemtnl of Recommended Praclitrè applicable lo charilles pr8parin9 their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Charities Act 2011 and UK Gener8lly Accepted Accounting Practice. Al th8 limè of 8pproving thè finanti818tstsméni$, thè trusiéÉ$ havt rtra8onabl8 t¢tatiOn Ihat the charity has adequ3le resources lo wnlinue in operation for the foreseeable future. The finan¢i81 slements have therefore been prepared on 8 goin9 con¢em b8SIS. The finanaal S*mentS are presented in sterlin9 which Is the functional currency of the ¢h8ri1y and rounded lothe nearest£1. The accountg have b8trn pr8par8d on the histori¢81 cost convtntion. The Significant accounting policies applia in the preparation of these financial ststemenls are set out below. FulaCCOunting General reserves are unrestricted fund8 whlch 8vallabla for uÈ& al th& discr81ion of tha trustees in furtheran of the general objectives of the charity and which have not been desi9naled for other purposes. Restricted funds are funds which are to be used in occord8nce with specific restrictions imposed by donors orwhich h8v8 been r8i$8d by the charlty fora psrticular purpo$&. Incoming resources All incoming resour¢6s included in lh8 SOFA whan the tharity is18gally &nlilled to th& income and the amount can be quantified wlh reasonable accuracy. Grants receivable are included in the 8cccwnls wh8n tha appropriala 8munl8 have b&8n Quaniified. Gr8ni$ in wspacl of fixed a8È&ts a credited to inwtne. Incotne received in advanc8 is def@ed until Ihe criteria for incotne recognition ar8 tnet. Rosour¢6$ 8xp8nded All expenditure is acwuTrled for on an 8¢cruals basis 8nd has been classified UfTrder he8dings that a99r8gaie 811 costs rèlated to thai calÉg0ry. Vlhtrè ¢o$i$ cannot bt dIoI1Y aiiribul8d lo a parkncular headirwJ they have been allocated to aclivitses on a basis consislenl with use of the resources. Expenditure includes irrecowerable VAT where chargeLI.
West Looe Playgroup Notes to the kcounts for the year ended 31 August 2025 Tanglble flxedassets Tangibl@ fixed a85ets Ère initially record 8t COSI 8nd subsequenly m8a8ur8d ai cost, n81 of depreciatson and any impairment losses. Depreciation has been provided at Ihe followng rates in order to write off the assets over their eslim8ied useful Ilves. Computerequipment Fixlures. Illlings and equiprNdnl 3 year5 Straight line 15% reduang b¥l8n¢8 Debtors ond ¢reditors All deblDrs *nd ¢r8dltors ara r8¢ord8d al Ir8ns8¢tion prlct. Cash dnd cash equivalents Cash and cash equivalents comprise cssh in hand end deposits held at call wilh banks. Pensions The company operates 8 Qefined cy)ntribulion pension scheme. Conlribulion$ 8re ch8ryed lo the 8ts1èmtrni of finan¢i81 actiwli8s as Ihty bècome p8y8bl& in a¢cordan¢& with th6 rulès of the stheffle. Voluntsers The financial value of the contribution of volunteers lo the work of the charity is not recognised in the accounts. 2 Donations and grant$ 2025 2024 DonalSons- unr8sIrf¢d 650 1,000 650 1.000 3 Incomlng rosourc8s from ¢harltabl8 actIvl•S Operation (rfplaygroup Feas Fundraising Local government funding Employmént grants 2025 2024 171.316 3,357 418.905 214.298 3,681 196.985 3,734 593.578 418,698 10
West Looe Playgroup Notes to the kcounts for the year ended 31 August 2025 4 Expenditure on Ghariiable activities Operation ofplaygroup Direct Costs of chariiaNa acllvilifrs (see note 51 Governan costs (see note 61 2025 2024 575.387 804 408.263 900 576,191 409,163 S Direct Gosts of Ghariiable actNities 202S 2024 Fd and weekly supplies Repairs and mainlen8nce R8nt and ra18S Light and heat Oulings and parties Equipment expensed Deprecialion Sundryexpenses Postage 8nd stslionery Insurance, in8p8trti0Tr8 & licènc•8 Telephone Advertising 8nd mark&tirvJ Bad debts Staff Costs Isee note 101 16.455 26.951 2,520 8.927 3.843 34.767 313 10,588 13.934 500 6.353 4.017 14.556 316 1,545 1.425 5,163 1.(W4 680 1.414 6,038 1.174 278 960 471.596 348.142 575.387 408.263 6 Govornan¢8 costs 2025 2024 Independent examiner remuneration for indépend8ni examination work for otherwork Adminisiralion fee8 Staff costs Isee note 101 804 804 900 7 Fund raising expenses 2025 2024 8 Inv8$tmont Income 2025 2024 Bank interest received 696 383 696 383
West Looe Playgroup Notes to the kcounts for the year ended 31 August 2025 g Tvusteo temuneration and expensos 2025 2024 Gross remuneration paid to Iru5tees'. Claire Dewe Rach8el Sha5lor 27.693 23,331 21.864 19,594 51.024 41.458 Under authority prowdad by th& charitrfs conslilulion. bJVO Im$168s r8¢8ivtd r•mun&r81ion in thèir capacityas employees of the charity. Trustees a not remunerated fortheirwork as trustees. The c4)arity r6lmburses Sncidantsl eKp8ns8s pald on its bahalf by the Iruslaes. 10 Staff costs 2025 2024 Wages and $81gries staff training Pension Idefined contribution) costs Social security Costs Other staff costs 427.022 6.526 8.105 28.709 1,234 320.231 4.655 6.216 17.040 471.596 348.142 AIIoc81ed lo... Direct costs of tharitatAe activili8s Governan costs (based on 8¢1ual expenditurel 471.596 348,142 471.596 348,142 Average number of staff 25 Nutnberof staff emoluments In exc8ss of £60.000 11 Tangible fixed a5set5 Fixtures, rittings & oqulpmont Computer oqulpmont Total cost At 1 Sep18mb8r2024 Additions Al 31 August 2025 4,11S 256 $45 169 4,660 425 4.371 714 5,085 D8pro¢latlon Al 1 Sepl8mb8r 2024 Cherge for the year Al 31 August 2025 217 178 164 135 381 313 395 299 694 N8t book value Al 31 August 2025 3,976 415 4,391 At 31 August 2024 3,898 381 4,279 12
West Looe Playgroup Notes to the kcounts for the year ended 31 August 2025 12 Debtors 2025 2024 Trade debtors Ppane1s Other debtors 9.eAO 432 310 12,732 454 10.382 13.186 13 Credltors.. amounts lalllng wlthln one year 2025 2024 Trade crsditors Other taxes and social securitycosts A¢crJals Local governtnenl incotne r1Ved in advance Other creditors 877 10.656 45.664 5.342 35.060 39,678 1.482 82.511 2.050 59.247 14 Pension commitments The charity operates a defined contribution scheme. The contritKrtions due to the scheme are disclosed within the siaff costs note. 15 R8lat8d partytransactlons The tharity had no significant Iransactlons wllh rdaled partlas durSng tha year. 13
West Looe Playgroup Notes to the kcounts for the year ended 31 August 2025 16 Amalysis of funds The restricted fund balan represents grants from donors, as detailed below, towards the costs of computer equipment. The equipment is being depreci¥led in line vAth the ch?ri18 8ccounting All olhtrfunds are nStrIded funds. nona of whlch are d&slgnalad. Tha fund movements 8nd reconalialion bet¥veen opaning and dosing b81artts are shown on the Stalementof Financial Activities. 2025 Balan at gtartdate Balancg at end date ExpÈnditule Restricted funds Looe Lions contribution lo laptop 162 82 162 82 Ut)re8trlct6d funds 48.652 594.924 1576.0911 67.485 Total funds 48.814 594.924 576.191 67.547 2024 Balanto at startdate Balance at end dale Income Expendllure RB8trl¢ted fund8 Looe Lions contribution lo18ptop 262 182 262 162 Unrestrirted funds 37.634 420.081 1409.0631 48.652 Total funds 37,896 420,081 409,163 48,814 17 Analysis of net assets between funds 202S UnrÈstri¢tÈd fvnds fvnds Total Fixed assets Cash 81 bank Debtors Creditors 62 4.329 112.021 10,382 159.2471 4.391 112.021 10,382 159.2471 62 67.485 67.547 2024 Restrf¢led funds UnrvJlrlcted funds Total Fixed assets Cash 81 bank Debtors Creditors 162 4.279 113.860 13,186 113.860 13,186 182.5111 162 48,652 48,814 14
West Looe Playgroup Notes to the Accounts for the year ended 31 August 2025 18 Reconciliation of net incorne to r1 cash flow from operating activities 2025 2024 Nel Income for year 18.733 10.918 16961 313 2.804 123.2641 13631 316 D8preGiation Ilncreasel I decrease in debtors Increas& I Idecwa881 In cradltors 49.591 Nel cash fiow from operating ¥ctivilies 2.110 47,641 15