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 chIld￿n 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 fon￿ard.
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 re￿1ve 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
AC￿pIed 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 COn￿rnIng the fomi and ¢ontent
of a¢¢ounls set out in the Charities IA¢¢ounts and Reportsl Regulations 2008 other than any
requI￿rne￿t 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 unlncorpor*ttd Iw8t Constllu￿d 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 Ch*ri118s.' 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 s￿lements 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.
Ful￿aCCOunting
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 dI￿oI1Y 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 actIv￿l•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
F￿d 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
P￿pa￿ne￿1s
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 r￿1Ved 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?ri1￿8 8ccounting
All olhtrfunds are ￿n￿StrIded 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 r￿1 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