Mawnan Pre$¢hool continues to bo 8 vlbrant and happy sottlng for Its ¢hlldren. Mawnan Preschool awnan Preschool Tue, 22 Oct 2024, 19'.12 Mawnan Preschool continues to be a vibrant and happy setting for its children. This is undoubtedly due to hard work of the staff under the leadership of Liz and Heather. I would like to take this opportunity to thank them for anolher successful year. The numbers are cufn11Y very healthy which has meant at limes the Preschool has been unable to accommod8te all of Ihe requests for places. Looking ahead to next year the numbers are already looking strong lor the 2025126 academic year. which is fantasilc. The financial position of the Preschool remains strong which is supported by the hlgh numbers. Allhough the new shade sails and thelr fitting has been a big cost, it was a needed improvement for the health and salely of both children and staff. Moving fornvard the issue regarding the Integrity of the building wall needs to be fully investigated and rèsolved. In addition other pieces of maintenance need to be planned and set into motion as part of the improvement plan for the coming year. Also linked to the finances there is some uncertainty as to what increases there will be to the national living wage and funding for places with the change in government. This will be somethlng to look at closely to ensure that Ihe Preschool remains sustainable and does not start to run at a loss. Sports for Tots continues to be popular for the children. However, there is some uncertainty as to how this will look in the future as Nick is looking to rnove his business more to providing resources online. If this change occurs, the committee should consider if it would continue to be beneficial to the chlldren to have a specialist coach come in to deliver sport within the setting. The Easter Trail event and sports day were again successful events that brought the ommunity together. It should be acknowledged that for these events the staff work additional hours which at busy times of year quireS a special effort in addition to the preparation for these events. This is really appreciated by the children and parents.
Thls year unfortunately the beach trip did not run,but the children enjoyed a fabulous trip to Trebah Gardens which hopelully will be repeated next year. It is fantastic for the parents to see and talk to their children about this and other experiences that the teachets load on to Tapestry which is valuable insight into what the children are doing. A real highlight of the year was the fantastlc performance Squashbox theatre which the children enjoyed to mark the end of their time at the Preschool. Looking forward Liz is keen to do a parental survey soon which seems like sensible timing as there is a reasonable chance that the Preschool will have an OFSTED inspection fairly soon given how long it has been since the last inspection. Having taken over from Erica part way through the year, unfortunately due to personal Circumstances I would like to step down as being the chairperson for the committee as I do not feel l Can guarantee that I can give this the time and energy it deserves, however, l am happy to stay on as a committee member. I would like to thank everyone on the committee for giving their time and support this year. The committee is essential to enable the running of the Preschool and as we move forward this year I hope it will continue to help the setting develop and move forward. Best Wishes Liz Shaw Manager Mawnan Pre-school Tel: 01326 250 627 Email.. mawnanpreschool@hotmail.co,uk 212
REGISTERED CHARITY NUMBER: 1031490 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR MAWNAN PRE-SCHOOL TC Group Bickland House Bickland Water Road Falmouth Cornwall TRI14SB
MAWNAN PRE-SCHOOL CONTENTS OF THE F1Tr4Af4CIAL ST ATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Aetivities Balance Sheet Notes to the Financial Statements Detailed Statement of Finan¢ial Activities io
MAWNAN PRE-SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The truqtees present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Pra¢ti¢e applicable to charities preparing their accounts in accordance with the Finaiicial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goven)ing document, a deed of trust and ¢ongtitutes an unincoorated Charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1031490 Prineipal address Canvinion Playing Fields Canvinion Road maTran Srnith FALMOUTH Cornw211 TRII 5JD Trustees R Wooding (resigned 511012023) C Wallace Mr,9 E Shaw Ms N Garge Mg C Pledger Ms E Andrews (appointed 511012023) M4 C Owen (appointed 511012023) MT8 L Jone8 (appointed 311012023) Independent Examiner Mrs R Thoma8 TC Group Bickland Hou.ge Bickland Water Road Falmouth Cornwall TRI 14SB Approved by order of the board of trustees on .. d signed on its behalf by: Mrs E Shaw - Trustee Page I
INDEPEf4DENT EXAMINER'S REPORT TO THE TRUSTEES OF MAWIYAN PRE-SCHOOL I report to the trnstees on my examination of the financial statements Mawnan Pre-school (the Charity) for the year ended 31 August 2024. Responsibilities and basis of report As the trStee$ 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 (the 2006 Act). Having satisfied myself that the financial .8tatements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exaniination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 {tlie 201 l Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)0)) of the 201 l Act. Independent examinevs statement have completed my examination. I confinn that no matters have come to my attention in comiection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a trne and fair view which is not a matter considered as part of an independent examination- or the financial statements have not been prepared in accordance with the metho(Ls and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concernb ]d have come across no other matter8 in connection with the examination to which attention should be drawn in this rq)ort in order to enable a proper understanding of the financial statements to be reached. NIrs R Thomas TC Group Bickland House Biekland Water Road Falmouth Cornwall TRI14SB Qg-S.Ls Page 2
MAWNAN PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Charitable activities 128,448 131,271 Other trading activities Investment income 191 1,085 529 459 Total 129,724 132,259 EXPENDITURE ON Charitable activities Charitable activities Governance costs 119.892 3,785 113,408 3,730 Total 123,677 117,138 NET INCOME 6,047 5,121 RECONCILIATION OF FUNDS Total fundq brought fonvard 94,615 79,494 TOTAL FUNDS CARRIED FORWARD 100.662 94,615 The notes form part of these financial statements Page 3
MAWNAN PRE-SCHOOL BALANCE SHEET 31 AUGUST 2024 2024 Unrestricted fund 2023 Total funds Notes FIXED ASSETS Tangible assets 4,270 9,554 CURRENT ASSETS Debtors Cash at bank and in hand 6,472 94,246 1,873 86,107 100.718 87,980 CREDITORS Amounts falling due within one year (4,326) (2,919) NET CURRENT ASSETS 96,392 85,061 TOTAL ASSETS LESS CURRENT LIABILITIES 100,662 94,615 NET ASSETS 100,662 94,615 FUNDS Unrestricted funds 100,662 94,615 TOTAL FUNDS 100.662 94,615 The financial statements were approved by the Board of Tru8tees and authorised for issue and were sign¢d on its behalf by- on L Soiies - Trustee The notes form part of these financial statements Page 4
MAWTr4AN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Basis of preparing the finaneial statements The fmaiicial statements of the cliarity, which 18 a public benefit eiitity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 l January 2019),, Financial Reporting Staiidard 102 'The Financial Reporting Standard applicable in the UK and Republic of reland, and the Charities Act 2011. The financial statements have been prepared under the historical Cost convention. Income All income is recognised in die Statement of Financial Activities once the charity has entitlement to the ftmds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or consttuctive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure iq accounted for on an accruals basis and has been ¢la88ified under heading8 that aggregate all cost related to the category. Where Cobts camiot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each as.8et over its estimated useful life. Plant and machinery Computer equipment 25 /0 on c08t 250/0 on cogt Taxation The charity is exempt from on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the tntees. Restricted funds can only be used foT partieular restricted purpoge8 within the objects of the charity. Restrictions arise when specÈfied by the donor or when fijnds are raised for particular restricted purposes. Further explanation of the nature and purpose of each nd is included in the notes to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight Itne basis over the period of the lease. Pension Costs and other post-retirement benefits The charity op¢rates a defined contribution pension scherne. Contributions payable to the charit)Ps pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 continued...
MAWNAN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 OTHER TRADING ACTIVITIES 2024 2023 Fundraising events 191 529 INVESTIVIENT INCOME 2024 2023 Deposit account interest 1,085 459 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. Trustees, expenses There were no 31 August 2023. trnstees, expenses paid for the year ended 31 August 2024 nor for the year ended COMPARATIVES FOR THE STATEMENT OF FIIYANCIAL ACTIVITIES Unrestricted fund INCOME AIND EIYDOWMENTS FROM Charitable aetivities Charitable activities 131,271 Other trading activities Investment income 529 459 Total 132,259 EXPENDITURE ON Charitable activities Charitable activities Governance costs I I3,408 3,730 Total 117,138 NET INCOME 15,121 RECONCILIATION OF FUNDS Total ndS brought forward 79.494 TOTAL FUNDS CARRIED FORWARD 94,615 Page 6 continued...
MAWNAN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 TANGIBLE FIXED ASSETS Plant and machinery Computer equipment Totals COST At I September 2023 and 31 August 2024 21,101 1,845 22,946 DEPRECIATION At I September 2023 Charge for year 12,257 5.020 1,135 264 13,392 5,284 At 31 August 2024 17,277 1,399 18,676 NET BOOK VALUE At 31 August 2024 3,824 446 4,270 At 31 August 2023 8,844 710 9,554 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments 4,440 2,032 1,873 6,472 1,873 CREDITORS: AMOUNTS FALLING DUE WITHILN OIYE YEAR 2024 2023 Taxation and social security Other creditors 2,150 2,176 2,259 660 4,326 2.919 MOVEMEI¥4T IN FUNDS Net movement in funds At 3118124 At 119123 Unrestricted funds General fund 94.615 6,047 100,662 TOTAL FUNDS 94,615 6,047 100,662 Page 7 continued...
MAWNAN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows: Incoming re.sources Resources expended Movement in ndS Unrestrieted funds General fund 129,724 (123,677) 6,047 TOTAL FUNDS 129,724 (123,677) 6,047 Comparatives for movement in funds Net movement in fimds At 3118123 At 119122 Unrestricted funds General fund 79,494 15,121 94,615 TOTAL FUNDS 79,494 15,121 94,615 Comparative net movement in fiindg, included in the above are as follows.. Incoming resources Resources expended Movement in fiinds Unrestricted funds General fiuld 132,259 (117,138) 15,121 TOTAL FUNDS 132.259 (117.138) 15,121 A curyent year 12 rnonths and prior year 12 months combined position is as follows: Net movement in funds At 3118124 At 119122 Unrestricted funds General fLmd 79.494 21,168 100,662 TOTAL FUNDS 79,494 2L,168 LOO,662 Page 8 continued...
MAWNAN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EIYDED 31 AUGUST 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in nds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 261,983 (240,815) 21,168 TOTAL FUNDS 261,983 (240.815) 21,168 io. RELATED PARTY DISCLOSURES There were no related party tran.sactions for the year ended 31 August 2024. Page 9
MAWNAN PRE-SCHOOL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 P*CO.IfE AND ENDOWMENTS Other trading activities Fundraising events 191 529 tnl'estment income Deposit account interest 1,085 459 Charitable aetivRtles Fees Funding 27,844 100,604 54,793 76,478 128,448 Total incoming resources 131,271 129,724 132,259 EXPENDITURE Charitable activities Wages Pensions Rent Rates and water Insurance Light and heat Telephone Sundries Refreshment8 Fundrai.8ing expen,%e Repairs and maintenance Cleaning 87.072 1.358 3,026 674 2,225 875 836 84,177 1,232 2,856 614 1,868 1.711 762 56 2,040 70 9,486 1.383 59 314 792 60 461 5,183 369 1.658 12,417 1,583 128 291 1,602 60 803 5,020 264 Unifonns IT software Bank fees Staff training Plant and machinery Computer equipment 119,892 Support eosts 113,493 Governance costs Accountancy and legal fees Bookkeeping 900 2,885 575 3,070 3,785 Total resources expended 3,645 123,677 )et income 117,138 6,047 15,121 This page does not fomi part of the ststutory financial .$latemenls Page 10
IIYDEPE.YDENT EXAMif4ER'S REPORT TO THE TRUSTEES OF MAWYAN PRE-SCHOOL I report to the truslees on my examination of the financial stat¢ments Mawnan Pre-school (the charity) for the year ended 31 August ?024. Responsibiliiies and basis of report As the trustee$ of the chatity (and also its director5 for thc pw)oses of company law) you are responsible for the preparation of th¢ fmancial statcmcllts in accordanc¢ with thc requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the finan¢ial statements of the charity are Dot required be audited under Part 16 of the 2006 Act and are eligible for independeni examination, I report in respect of my examination of the chariÈls financial staternents carried out under section 145 of the Charities .4¢É 2011 (the 2011 Act). In carrying out iny exaniination I have followed all the applicable D1CtiOn% given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examinevs statement I have compleied rny cxamination. I confm that no matters have come to my attention in Connection with the examination giving me cause to believe that in any material respe¢t: ' a¢eounting records were not kept in resptxt of the charity as TeqJired by section 386 of the 2006 Act. or ' the financial statements do noi accord with those records. OT ' the financial statements du TSOt WTtyly with Ihe accounting tcquirements of section 396 of the 2006 Act othcr than any requirement that the account5 give a true and fair view which is not a matter considered a$ part of an independent CKamination" or the financial statements have not been prepared IEL accordance ivith the methods and principl of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have corne acro no other matlers in connection with the examination to which attentioll should be dra1 IT] this report in order to enable a proper understanding of the financial statements to be reached. Mrs R Thomas I C (iroup BickIand House Bickiand MlateT Road Falrnouth Comwall TRI 14SB Dste.. Qg-S-Ls Page 2