## **MAWNAN PRE-SCHOOL** 

## **MANAGERS REPORT for AGM, Tuesday 21[st] October 2025** 

Welcome everyone. 

2024/25 has, as always been a busy one for Mawnan Pre-School with lots of fun and a huge variety of activities and experiences. 

The year started way back in September 2024, when we welcomed lots of new families to the group. This term included lots of outdoor fun, nature walks and a fabulous Christmas Party with a visit from FC with presents for everyone. 

The Spring term saw lots of fun learning about Space, bugs and Growing. We also watched as our tiny caterpillars turned into beautiful Butterflies. 

The Summer term is always a favourite with lots of water and sand play and a trip to Maenporth Beach. We had many walks round the field collecting things and cooking over the fire-pit. 

We held Sports Day in session time last year, which despite missing the adults, we enjoyed very much and the children tried really hard. 

We sadly said goodbye to Mari from our staff but welcomed the fabulous Jackie, who has fitted in with outer crazy family seamlessly. 

The end of the summer term is always very busy with school transitions and showing new families around. It is also quite emotional having to say goodbye to all our School Leavers but also very rewarding when you know the Big children are more than ready to move on to the next part of their learning journey. 

Our indoor playhouse has been turned into a Shop, Hairdressers, Woodland Den, Drs and a Pirate Ship amongst others and we have enjoyed several themed parties, eg. Pyjama and Superhero. 

The children have also been lucky enough to have had visits from Squashbox Puppet Theatre and Zoolab, with all her bugs and creatures, and our regular Sports for Tots sessions which are a huge hit and help to develop the children in all areas of learning. 

The staff have attended many short training courses this year, such as Safeguarding and Paediatric First Aid. 

The children (and staff) have enjoyed a huge variety of activities over the year, painting, constructing, imaginative and very messy and we have certainly had some great fun and lots of laughs. 

On a personal note I would like to thank all my staff for all their hard work, dedication and support over the past year. Finally a huge thanks to the committee and parents for all your continued support and encouragement. 

I hope you will continue to work with us to enable us to give your child the most positive and best experience at Pre-School. 

Thank you, Liz Shaw (manager Mawnan Pre-School). 



## **MAWNAN PRE-SCHOOL** 

## **A.G.M – Tues. 21[st] Oct. 2025 AGENDA** 

## **1, Welcome, introduction** 

## **2, Chairs Report** 

## **3, Managers Report** 

## **4, Treasurers Report** 

## **5, Job Roles** 

## **6, Election of Officers** 

## **7, Date of Next Meeting** 



Charity r•8istration number 10314
MAWNAN PRE-SCHOOL
ANNUAL REPORT ANO UNAUIXTED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

MAWNAN PRE-SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trust••s
E Shaw
C Owen
l Jones
H Judd
B Fer8ussotFCix)per
P Luscombe
C Moon
A 6urley
J Barattini Ifesi8ned 25110120251
C Wallace Ire5igned 25110120251
N Gar8e Iresigned 25110120251
C Pledger Ire5igned 25110120251
E Andrews Iresl8ned 25110120251
Ch•rlty numb•r
1031490
Independent examiner
Mrs R Thomas
TC Gr￿JP
Vlvlan House
Newh•m Road
Truro
Cofnwall
United Kin8dom
TRI 2DP

MAWNAN PRE-SCHOOL
CONTENTS
Trustees, report
Independent examiner'$ repc
Statement of financial xtivities
Balance sheet
Notes to the financlal ststements
5-12

MAWNAN PRE-SCHOOL
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST2025
The trustees present their veport with the financial statements of the charity fof the year ended 31 August
2025. The trustees have adopted the provisions of Accountin8 and RepDrtin8 by Charitiès: Statement of
Recommended Practice applicable to charities preparin8 their accounts in accordance with the FinancBI
Repothng Standard applicable in the UK and RepU￿￿C of Ireland IFRS 1021 leffective l January 20191.
Struclurej ￿¥eman(* •nd monagement
The charlty Is controlled by Its governln8 d(Kurnent, a deed of trust and Cons￿tuteS an unlncorporated
charity.
The tnjstees who served durlng the year and up to the date of slgnature of the finantlal statements were..
Trust•
E Shaw
C Owen
L Jones
H ludd
8 Fergusson-cooper
P Luscombe
C Moon
A 8urlev
J Barathnl Iresl8ned 25110120251
C Wallace Iresl8ned 25110120251
N Garge Ireslgned 25110120251
C Pledger Ireslgned 25110120251
E Andrew5 Ire518ned 25110120251
The trustee5' rep￿1 was approved by the Board ofTru5tees.
Trust••
Date=..

MAWNAN PRE-SCHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUStEES OF MAWNAN PRE-SCHOOL
I report to the trustee5 on my examination of the financfjal ststements of Mawnan Prtrschool (the charftyl for the
year ended 31 Au8USt 2025.
R•spon$Sbllltl￿ •nd b•sSs of r•port
As the trustees of the charity you are responsible for the preparntion of the financial statements in accordance
wlth the requSrements of the Charities Aci 2011 Ithe 2011 Atil.
I report In respért af my txamSnation of th• tharity's finantlal statements tarried out under sedlon 145 of the
2011 Acl. In carrying out my examination I hove followed all the applicable Directions given by the Charitv
Commlsslon under section 145ISllbl of the 2011 Art.
Indeptndènt *xamlntr's stat*ment
Your attention is drnwn to the fact that the charity has prepared financlal statements In aceordante wlth
Accounttng and Reporting by Charities preparlng their accounts In accordance wlth the FlnancSal Reputing
Standard appllcable In the UK and Republlc of Ireland (FPS 1021 in preference to the Accountin8 and Reporbn8 by
Charities.. Statement of Recommended Practice issued on l April 21)J5 whbch is referred to in the eXt￿t
regulations but has now been wlthdrawn.
l understand that th15 ha5 been done In ¢yder for finarKb41 ststement5 to provlde a true and falr vlew In
accordance wlth Genernlly Accepted Accoun￿nI Prtthc¢ eflecdve for repordn8 perlods be8lnnln8 on or after I
January 2015.
I have completed my txamination. I conlirm that no matter5 hovt ¢¢me to my attention In ¢onnethw wlth the
éxamlnation glving me cause to believe that in any materK41 respect..
accounting records were not kept in respert ol the charity as required by section 130 of the 2011 Art,. or
the hnancial statement5 do not accord with th05e record5.' or
the hnancial ststements do not comply with the applicable requirements concernlng the fom and content of
accounts set out In the Charlties IAccounts and Reports) Re8ulatr'on$ 2(K18 other than any requlrementthat
the accounts give a true and fair view which is not a matter cgnsidered as part of an independent
examination.
I have no toncerns and have come atffjss no other matters In connettlon wlth the examinatton to whth attentlon
should be drawn In this reFOrt in order to enable a proper understanding of the finandal statements to be
reached.
Mrs R Thomas
Vlvlan House
Newham Road
Truro
Cornwall
TRI 2DP
United Kingdom
Dated: .........................

MAWNAN PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE Accoumr
FOR THE YEAR ENDED 31 AUGUST2025
Unrestrirted
funds
Unrestrirted
tunds
2025
2024
N¢)t*s
Incom¢ from:
Charitable activities
149.166
195
1.018
128.448
191
1.085
Other tradln8 activSties
Investments
Tot•1 in¢om•
150,379
129,724
ExpendItU￿ on..
Charitable activities
142.423
123.677
Tot•1 •xp•ndltur•
142,423
123,677
N•t Incom• •nd mo¥•m•nt In funds
7,956
6,047
R•con¢ili*tion of funds:
Fund balances at I September 2024
100.662
94.615
Fund b•lanc•s •t 31 Auiust 2025
108.618
100.662
The 5tstement of financlal activities Includes all 8ains and losses reco8nised in the year. All I￿ome and
expendSture derlve from continulng aciivlties.

MAWNAN PRE-SCHOOL
BALANCE SHE
ASAT31 AU6UST2025
2025
2024
Notes
Fixed assets
Tangible assets
li
4,270
Current •s$•ts
Debtors
Cash at bank and In hand
12
2,289
101.391
6,472
94.246
lo3.￿)
I￿,?1#
Cr•dltors'. •mounts hlllnl du• wlthln OM
13
13.9101
14,3261
N•t curmnt •$s•ts
99.770
96.392
Tot•1 •sMts l•ss ¢urr•nt li•bilili•s
108,618
ICQ,662
Net assets *XdUdl￿ p￿$s0n Il•blllty
108,618
ICQ,662
Th• funds of th• ¢h•rity
Unrestrlcted funds
108.618
ICQ.662
108,618
ICQ,662
The finantièl statements were approved by the trustees c￿..1&b￿a￿6.........
.Liz.Shaw.............
Trust••

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMrs
FOR THE YEAR ENDED 31 AUGUST2025
Actourrtfj￿ pollclts
1.1 Accounti￿ convention
The financial statements have been prepared In actordance wrth the charity's Igoverning documentl. the
Charities Act 2011. FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of
Ireland- I"FRS 102-1 and the Charitie$ 50RP -Actouniin8 and Reporting by cha￿lies.. Statement ol
Recommended Prnctice applicable to charlties preparing their accounts in accordanee wlth the FSnanc*l
Repotting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. The
charity is a Public Benefit Entity as dethned by FRS 102.
The financial statements have departed from the Charities IAccounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure ha5 involved following the Statement of
Retommended Prnctite for tharmts apP￿ing FRS 102 rather than the verslon of the 5tètement ot
Recommended Prnetice whlch Is referred to the Regulations but whleh has slnce been wlthdrawn.
The financlal statements are prepared In sterlln& vthlch Is the functional currency of the charlty. Monetary
amounts In these finandal Statements are rounded to the nearesi £.
The flnanclal statement5 ha¥* been prepared under the h15torltal tost conven￿on. Imodlfied to IndLFde the
revaluation ol freehold properties and to indude investment properties and certaln financlal Instruments at
falr valuel. The princlpal accountin8 pollcies adopted are set out below.
1.2 Golni conc•m
At the time of approving the finantial ststements. Ihe trustees have a reasonable expectatr'on that the
charlty has adequate resources lo continue In operational existence for the foreseeable future. Thus the
trustees tontinue to adopt the golng contern basis of accounting In preparlng the finantlal statements.
1.3 Ch•rftable lunds
Unrestricted funds are avallablt for us• at the discretlon of th* trustees In furthtranct of th*lr tharltable
oblectives.
Restrlcted funds are sublect to speclfic condftions by donors or grantors as to how they may be used. The
purposes and uses of the restrfjcted funds are set out in the notes to the financial statements.
Endowment fund5 are subject to specithc conditK*ns by donor5 that the capital must be maintained by the
charity.
1.4 Income
Income is reccenised when the charity is leeally entitled to it after any performance conditions hJse been
met, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. oiher donations are recognised once the charity has been
notified of the donation, unless performance condiknons require deferral of the amount. Income tax
recoverable in relation to donations received underGift Aid or deeds of covenant Is recognised at the time of
the donation.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Accountl￿ polic5•3
Icontlnuedl
LegacSes are recognlsed on recelpt or otherwfjse If the charfty has been notified of an Impendlng dlstrlbutlon.
the amount is known. al￿ receipt Is expected. If the amount is not known. the legaty Is treated as a
contingent asset.
1.5 Exp•ndltur•
Expenditure is recognised once there is a legal or constructive obligation to transfer economic b￿elit to
third party. it 15 probable that a transfer of economK benefits will be required in settlement. andihe amount
of the obli8ation can be measured reliably.
Expendlture Is classlfied by activf(v. The costs of each arti¥tty are made up of the total of dlrKt costs and
shared costs, includln8 SUPPryt costs Involved In undertakin8 each activity. Dlrect costs attrlbutstle to a
slngle activlty are allocated tlirectly to that activlty. Shared costs whSch contribute to more thanone activltv
and support costs which are not attributable to a single activity are apportioned between those actwities on
a basis consistent with the yse of resources. Central staff costs are allocated on the basis of time Spent, and
depreciation charges are allocated on the wrtion ol the asset's use.
1.6 T•nilbl• fivd •wts
Tanglble fixed assets are Inltially measured at cost and subsequently measured at cost or valuation, net ol
depreclats'on and any Impairment losses.
Depretlation Ss recognised so as to wvlte off the Cost or valuadon of assets less thelr resldual values over
their useful live5 on the following ba5es.'
Plant and equipment
Computer5
25%on cost
25%on cost
The yin or loss arising on the disposal of an •sset is detemiined as the difference between the sale
proceeds and the carrying value of the asset. and Is recognlsed In the statement of financlal actlvltles.
1.7 lrnpairrnent of fixed assets
At each reporting end date. the charity revfjews the carrylng amounts of its tanglble assets to determlne
whether there is any indication that those assets have suffered an impairment loss. If any such indicadon
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impirment
loss lil anyl.
1.8 C•sh •nd c•sh *qulvalents
Cash and cash equivalents include cash In hand, deposr(s held at call with banks, other short-term Ilquid
Investments with origlnal maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowin8s in current liabilities.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Accountl￿ polic5•3
Icontlnuedl
1.9 Flnand•l InstNm*nts
The charity has elected to apply the prowsions of Section 11 'Basic Financlal Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to al of bts financial insiruments.
Financial instruments are recognised in tht charitvs balance sheet when the charity becomes party to the
contractual PfOVi5ions of the instrument.
Flnantial assets and liabilities are offset. wlth the net amounts presented in the financSal statements. when
there Is a legally enforceable rlght to set off the re¢o8nlsed amounts and there is an intention tosettle on a
net basis or to realise the asset and settle the liability simultaneouslv.
8ttsl¢llnanclol oss•ts
Basic linancial assets. which include debt0￿ and c4sh Jnd bank balances, Jre initially measured *
transaction prlce including transathon Co￿5 and art Subsequent￿ tarried at amortised tost uslng the
effective Srnterest method unless the arrangemeni constitutes a finanting transaction. where the transaction
Is measured at the present value of the future receipts d15counted at a market rate of interest. Financial
assets clas5iHed as recelvable withln one year are not amorttsed.
80si¢finon¢iol Ilabill¢l¢s
Basic financlal IlabS1ities. Includlng credfjtors and bank loans are Inltially recoinlsed at transaction prlce unless
the arran8ement constitutes a financin8 transaction, where the debt instrument is measured at the pRsent
valye of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wlthln one year are not amortised.
Debt Instruments are subsequentfy carded at amortbsed c05t, uslng the effethve Interest rate method.
Trade creditors are obligadons lo pay for gotds or Services that have been acquired in the ordinwy courst of
operations from suppliers. Amgunts payable are classified as current liabilities if payment is due within one
vear or less. If not, they are presented a5 noTrcurrent liabilitie5. Trade creditors are recognlsed Inltially at
transathon price and 5ubsequentfy measured at amorti5ed cost usin8 the effective interest method.
Dtrecognlllon ofllnunclolllubilltles
Financial liabilities art d*rttognis*d when the thartvs contrartual obligations expir• or are discharged or
cancelled.
1.10 Employee benefits
The tost of any unused holiday entlilement Is recognised in the pÈrlod In which thè employee's Str￿c*S arè
recpivpd.
Termination benefits are recognised immediately as an expense when the charity is demonstrablv
comfflitted to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefft5
Payments to delined contribution ret1￿ment benefit schemes a￿ char8ed as an expense as they fall due.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
cr1￿¢*1 •c¢ountSng estlm•te5 •nd Judgements
In the application of the chariws accountinB policies, the trustees are required to make judgements,
estimates and assumptions about the carryln6 amount of assets and Ilabillties that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
fattors that are considered to be relevant. Artual results may differ from these estimates.
The estimates and undertying assumptions are revlewed on an on8oin8 basls. Revislons to accounting
estimates are reco8nised in the period In which the estimate is revlsed where the revision affects rmly that
period, or In the period of the revi51on and future periods where the revlslon affects both current and future
perlods.
Incom• from th•dt•bl• actl¥ltl•%
Unrestrlct•d
funds
2025
Unrestricted
fundg
2024
CharIt•1￿• •etlvltles
Fees
Fundlng
Donations received
28,844
120,172
Iso
27,844
100,604
149,166
128,448
Intomt frorn othèr tradlni •rtl¥id
Unrestrlcted Unrestrlcted
fvnds
fund5
2025
2024
rundrelsln6 events
195
191
Intome frorn investment5
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
1.018
1.085

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
EMpendFture on ch•rtt•ble *dIv[￿e$
2025
2024
Dlr•rt Costs
Staff costs
Oepreciation and 5mpalrment
Rent
102,856
6.977
1,517
822
2.647
2,647
788
88,430
5.284
3,026
674
2.225
875
Ratès and water
Insurance
Llght and heat
Telephone
836
E li
Refreshment5
Repairs and malntenance
Cleanlng
Trlps
Unllorm
IT software
8ank fees
Staff training
Advertislng and reC￿￿tment
Prlnting and office ststionery
Fundralslng expense
2,090
14,540
1.553
64
352
1,658
12,417
1,583
128
291
990
60
1,602
60
222
92
138,223
119.892
Share ol support and ￿VerTr•n¢e costs (see note }
Governance
4.200
3.785
142.423
123.677
Analysls byfund
Unrestricied funds
142.423
12J,bll
Net movement in funds
2025
2024
The net movement in funds is Stated after tharyngllcreditrngl-.
DÈprÈtiation of r)wnod taheiblè fixed as%Èts
6.977
5.284

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits fr(Th the
charSty durln8 the year.
Employee5
The average monthly number of employees during the year was:
2025
Number
2024
Number
Total
Employm•nt costs
2025
2024
Wages and salarles
Other pension costs
101,083
1,773
87,072
1.358
102,856
88,430
There were no emplo￿$ whose •nnu•l remunerjtion WJS more than £60,IJX).
10 T•xatlon
The charlty Is exempt from taxation on Its activlties because all Its Incomels applled for chadtable purpose5.
10_

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
11 T•n¢ible fixed 15sets
Int Comwter
ewlwnent
Tot
Cost
At I September 2024
Addltions
21,101
11.555
1,845
22,946
11.555
At 31 August 202S
32,656
1.845
34,501
D•pr•eiation and imyirni•nl
At I September 2024
Depreciation charged In tht yèar
17.277
6.713
1.399
264
18,676
6,977
At 31 August 2025
23.99)
1.663
25.653
C•rryln¢ •mount
At 31 August 2025
8.666
182
8.848
At 31 Au8USt 2024
3,824
446
4,270
12 D•btors
2025
2024
Amounts lallln¢ du• wlthln on• y••r.
Other debtors
Prepayments and accrued intome
4,440
2,032
2,289
2.289
.472
13 Crndltors.. •mounts f•lllng du• wSthln one y••r
2025
2024
Other creditors
Accruals and deferred Income
3,250
660
2,150
2.176
3.910
4.326

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
14 Unrestrfrted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unresiricted funds by the trustee5 for specific purp05e5.
Incomln¢
R*sourc•s At 31 Auiust
September r•sourc•s •xpend•d
2025
2024
General funds
I(￿.662
150.379
1142.4231
108,618
Pre¥Sous year.
Incoming
resources
Resource5 At 31 Auiust
expended
2024
ptember
2023
General funds
94,615
129,724
1123,6771
ICQ,662
15 R•l4ted party Iransactlonl
There were no dlsdosable related party transactions duflng the year12024- none).
12_

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Charity r•8istration number 10314
MAWNAN PRE-SCHOOL
ANNUAL REPORT ANO UNAUIXTED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

MAWNAN PRE-SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trust••s
E Shaw
C Owen
l Jones
H Judd
B Fer8ussotFCix)per
P Luscombe
C Moon
A 6urley
J Barattini Ifesi8ned 25110120251
C Wallace Ire5igned 25110120251
N Gar8e Iresigned 25110120251
C Pledger Ire5igned 25110120251
E Andrews Iresl8ned 25110120251
Ch•rlty numb•r
1031490
Independent examiner
Mrs R Thomas
TC Gr￿JP
Vlvlan House
Newh•m Road
Truro
Cofnwall
United Kin8dom
TRI 2DP

MAWNAN PRE-SCHOOL
CONTENTS
Trustees, report
Independent examiner'$ repc
Statement of financial xtivities
Balance sheet
Notes to the financlal ststements
5-12

MAWNAN PRE-SCHOOL
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST2025
The trustees present their veport with the financial statements of the charity fof the year ended 31 August
2025. The trustees have adopted the provisions of Accountin8 and RepDrtin8 by Charitiès: Statement of
Recommended Practice applicable to charities preparin8 their accounts in accordance with the FinancBI
Repothng Standard applicable in the UK and RepU￿￿C of Ireland IFRS 1021 leffective l January 20191.
Struclurej ￿¥eman(* •nd monagement
The charlty Is controlled by Its governln8 d(Kurnent, a deed of trust and Cons￿tuteS an unlncorporated
charity.
The tnjstees who served durlng the year and up to the date of slgnature of the finantlal statements were..
Trust•
E Shaw
C Owen
L Jones
H ludd
8 Fergusson-cooper
P Luscombe
C Moon
A 8urlev
J Barathnl Iresl8ned 25110120251
C Wallace Iresl8ned 25110120251
N Garge Ireslgned 25110120251
C Pledger Ireslgned 25110120251
E Andrew5 Ire518ned 25110120251
The trustee5' rep￿1 was approved by the Board ofTru5tees.
Trust••
Date=..

MAWNAN PRE-SCHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUStEES OF MAWNAN PRE-SCHOOL
I report to the trustee5 on my examination of the financfjal ststements of Mawnan Prtrschool (the charftyl for the
year ended 31 Au8USt 2025.
R•spon$Sbllltl￿ •nd b•sSs of r•port
As the trustees of the charity you are responsible for the preparntion of the financial statements in accordance
wlth the requSrements of the Charities Aci 2011 Ithe 2011 Atil.
I report In respért af my txamSnation of th• tharity's finantlal statements tarried out under sedlon 145 of the
2011 Acl. In carrying out my examination I hove followed all the applicable Directions given by the Charitv
Commlsslon under section 145ISllbl of the 2011 Art.
Indeptndènt *xamlntr's stat*ment
Your attention is drnwn to the fact that the charity has prepared financlal statements In aceordante wlth
Accounttng and Reporting by Charities preparlng their accounts In accordance wlth the FlnancSal Reputing
Standard appllcable In the UK and Republlc of Ireland (FPS 1021 in preference to the Accountin8 and Reporbn8 by
Charities.. Statement of Recommended Practice issued on l April 21)J5 whbch is referred to in the eXt￿t
regulations but has now been wlthdrawn.
l understand that th15 ha5 been done In ¢yder for finarKb41 ststement5 to provlde a true and falr vlew In
accordance wlth Genernlly Accepted Accoun￿nI Prtthc¢ eflecdve for repordn8 perlods be8lnnln8 on or after I
January 2015.
I have completed my txamination. I conlirm that no matter5 hovt ¢¢me to my attention In ¢onnethw wlth the
éxamlnation glving me cause to believe that in any materK41 respect..
accounting records were not kept in respert ol the charity as required by section 130 of the 2011 Art,. or
the hnancial statement5 do not accord with th05e record5.' or
the hnancial ststements do not comply with the applicable requirements concernlng the fom and content of
accounts set out In the Charlties IAccounts and Reports) Re8ulatr'on$ 2(K18 other than any requlrementthat
the accounts give a true and fair view which is not a matter cgnsidered as part of an independent
examination.
I have no toncerns and have come atffjss no other matters In connettlon wlth the examinatton to whth attentlon
should be drawn In this reFOrt in order to enable a proper understanding of the finandal statements to be
reached.
Mrs R Thomas
Vlvlan House
Newham Road
Truro
Cornwall
TRI 2DP
United Kingdom
Dated: .........................

MAWNAN PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE Accoumr
FOR THE YEAR ENDED 31 AUGUST2025
Unrestrirted
funds
Unrestrirted
tunds
2025
2024
N¢)t*s
Incom¢ from:
Charitable activities
149.166
195
1.018
128.448
191
1.085
Other tradln8 activSties
Investments
Tot•1 in¢om•
150,379
129,724
ExpendItU￿ on..
Charitable activities
142.423
123.677
Tot•1 •xp•ndltur•
142,423
123,677
N•t Incom• •nd mo¥•m•nt In funds
7,956
6,047
R•con¢ili*tion of funds:
Fund balances at I September 2024
100.662
94.615
Fund b•lanc•s •t 31 Auiust 2025
108.618
100.662
The 5tstement of financlal activities Includes all 8ains and losses reco8nised in the year. All I￿ome and
expendSture derlve from continulng aciivlties.

MAWNAN PRE-SCHOOL
BALANCE SHE
ASAT31 AU6UST2025
2025
2024
Notes
Fixed assets
Tangible assets
li
4,270
Current •s$•ts
Debtors
Cash at bank and In hand
12
2,289
101.391
6,472
94.246
lo3.￿)
I￿,?1#
Cr•dltors'. •mounts hlllnl du• wlthln OM
13
13.9101
14,3261
N•t curmnt •$s•ts
99.770
96.392
Tot•1 •sMts l•ss ¢urr•nt li•bilili•s
108,618
ICQ,662
Net assets *XdUdl￿ p￿$s0n Il•blllty
108,618
ICQ,662
Th• funds of th• ¢h•rity
Unrestrlcted funds
108.618
ICQ.662
108,618
ICQ,662
The finantièl statements were approved by the trustees c￿..1&b￿a￿6.........
.Liz.Shaw.............
Trust••

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMrs
FOR THE YEAR ENDED 31 AUGUST2025
Actourrtfj￿ pollclts
1.1 Accounti￿ convention
The financial statements have been prepared In actordance wrth the charity's Igoverning documentl. the
Charities Act 2011. FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of
Ireland- I"FRS 102-1 and the Charitie$ 50RP -Actouniin8 and Reporting by cha￿lies.. Statement ol
Recommended Prnctice applicable to charlties preparing their accounts in accordanee wlth the FSnanc*l
Repotting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. The
charity is a Public Benefit Entity as dethned by FRS 102.
The financial statements have departed from the Charities IAccounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure ha5 involved following the Statement of
Retommended Prnctite for tharmts apP￿ing FRS 102 rather than the verslon of the 5tètement ot
Recommended Prnetice whlch Is referred to the Regulations but whleh has slnce been wlthdrawn.
The financlal statements are prepared In sterlln& vthlch Is the functional currency of the charlty. Monetary
amounts In these finandal Statements are rounded to the nearesi £.
The flnanclal statement5 ha¥* been prepared under the h15torltal tost conven￿on. Imodlfied to IndLFde the
revaluation ol freehold properties and to indude investment properties and certaln financlal Instruments at
falr valuel. The princlpal accountin8 pollcies adopted are set out below.
1.2 Golni conc•m
At the time of approving the finantial ststements. Ihe trustees have a reasonable expectatr'on that the
charlty has adequate resources lo continue In operational existence for the foreseeable future. Thus the
trustees tontinue to adopt the golng contern basis of accounting In preparlng the finantlal statements.
1.3 Ch•rftable lunds
Unrestricted funds are avallablt for us• at the discretlon of th* trustees In furthtranct of th*lr tharltable
oblectives.
Restrlcted funds are sublect to speclfic condftions by donors or grantors as to how they may be used. The
purposes and uses of the restrfjcted funds are set out in the notes to the financial statements.
Endowment fund5 are subject to specithc conditK*ns by donor5 that the capital must be maintained by the
charity.
1.4 Income
Income is reccenised when the charity is leeally entitled to it after any performance conditions hJse been
met, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. oiher donations are recognised once the charity has been
notified of the donation, unless performance condiknons require deferral of the amount. Income tax
recoverable in relation to donations received underGift Aid or deeds of covenant Is recognised at the time of
the donation.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Accountl￿ polic5•3
Icontlnuedl
LegacSes are recognlsed on recelpt or otherwfjse If the charfty has been notified of an Impendlng dlstrlbutlon.
the amount is known. al￿ receipt Is expected. If the amount is not known. the legaty Is treated as a
contingent asset.
1.5 Exp•ndltur•
Expenditure is recognised once there is a legal or constructive obligation to transfer economic b￿elit to
third party. it 15 probable that a transfer of economK benefits will be required in settlement. andihe amount
of the obli8ation can be measured reliably.
Expendlture Is classlfied by activf(v. The costs of each arti¥tty are made up of the total of dlrKt costs and
shared costs, includln8 SUPPryt costs Involved In undertakin8 each activity. Dlrect costs attrlbutstle to a
slngle activlty are allocated tlirectly to that activlty. Shared costs whSch contribute to more thanone activltv
and support costs which are not attributable to a single activity are apportioned between those actwities on
a basis consistent with the yse of resources. Central staff costs are allocated on the basis of time Spent, and
depreciation charges are allocated on the wrtion ol the asset's use.
1.6 T•nilbl• fivd •wts
Tanglble fixed assets are Inltially measured at cost and subsequently measured at cost or valuation, net ol
depreclats'on and any Impairment losses.
Depretlation Ss recognised so as to wvlte off the Cost or valuadon of assets less thelr resldual values over
their useful live5 on the following ba5es.'
Plant and equipment
Computer5
25%on cost
25%on cost
The yin or loss arising on the disposal of an •sset is detemiined as the difference between the sale
proceeds and the carrying value of the asset. and Is recognlsed In the statement of financlal actlvltles.
1.7 lrnpairrnent of fixed assets
At each reporting end date. the charity revfjews the carrylng amounts of its tanglble assets to determlne
whether there is any indication that those assets have suffered an impairment loss. If any such indicadon
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impirment
loss lil anyl.
1.8 C•sh •nd c•sh *qulvalents
Cash and cash equivalents include cash In hand, deposr(s held at call with banks, other short-term Ilquid
Investments with origlnal maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowin8s in current liabilities.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Accountl￿ polic5•3
Icontlnuedl
1.9 Flnand•l InstNm*nts
The charity has elected to apply the prowsions of Section 11 'Basic Financlal Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to al of bts financial insiruments.
Financial instruments are recognised in tht charitvs balance sheet when the charity becomes party to the
contractual PfOVi5ions of the instrument.
Flnantial assets and liabilities are offset. wlth the net amounts presented in the financSal statements. when
there Is a legally enforceable rlght to set off the re¢o8nlsed amounts and there is an intention tosettle on a
net basis or to realise the asset and settle the liability simultaneouslv.
8ttsl¢llnanclol oss•ts
Basic linancial assets. which include debt0￿ and c4sh Jnd bank balances, Jre initially measured *
transaction prlce including transathon Co￿5 and art Subsequent￿ tarried at amortised tost uslng the
effective Srnterest method unless the arrangemeni constitutes a finanting transaction. where the transaction
Is measured at the present value of the future receipts d15counted at a market rate of interest. Financial
assets clas5iHed as recelvable withln one year are not amorttsed.
80si¢finon¢iol Ilabill¢l¢s
Basic financlal IlabS1ities. Includlng credfjtors and bank loans are Inltially recoinlsed at transaction prlce unless
the arran8ement constitutes a financin8 transaction, where the debt instrument is measured at the pRsent
valye of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wlthln one year are not amortised.
Debt Instruments are subsequentfy carded at amortbsed c05t, uslng the effethve Interest rate method.
Trade creditors are obligadons lo pay for gotds or Services that have been acquired in the ordinwy courst of
operations from suppliers. Amgunts payable are classified as current liabilities if payment is due within one
vear or less. If not, they are presented a5 noTrcurrent liabilitie5. Trade creditors are recognlsed Inltially at
transathon price and 5ubsequentfy measured at amorti5ed cost usin8 the effective interest method.
Dtrecognlllon ofllnunclolllubilltles
Financial liabilities art d*rttognis*d when the thartvs contrartual obligations expir• or are discharged or
cancelled.
1.10 Employee benefits
The tost of any unused holiday entlilement Is recognised in the pÈrlod In which thè employee's Str￿c*S arè
recpivpd.
Termination benefits are recognised immediately as an expense when the charity is demonstrablv
comfflitted to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefft5
Payments to delined contribution ret1￿ment benefit schemes a￿ char8ed as an expense as they fall due.

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
cr1￿¢*1 •c¢ountSng estlm•te5 •nd Judgements
In the application of the chariws accountinB policies, the trustees are required to make judgements,
estimates and assumptions about the carryln6 amount of assets and Ilabillties that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
fattors that are considered to be relevant. Artual results may differ from these estimates.
The estimates and undertying assumptions are revlewed on an on8oin8 basls. Revislons to accounting
estimates are reco8nised in the period In which the estimate is revlsed where the revision affects rmly that
period, or In the period of the revi51on and future periods where the revlslon affects both current and future
perlods.
Incom• from th•dt•bl• actl¥ltl•%
Unrestrlct•d
funds
2025
Unrestricted
fundg
2024
CharIt•1￿• •etlvltles
Fees
Fundlng
Donations received
28,844
120,172
Iso
27,844
100,604
149,166
128,448
Intomt frorn othèr tradlni •rtl¥id
Unrestrlcted Unrestrlcted
fvnds
fund5
2025
2024
rundrelsln6 events
195
191
Intome frorn investment5
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
1.018
1.085

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
EMpendFture on ch•rtt•ble *dIv[￿e$
2025
2024
Dlr•rt Costs
Staff costs
Oepreciation and 5mpalrment
Rent
102,856
6.977
1,517
822
2.647
2,647
788
88,430
5.284
3,026
674
2.225
875
Ratès and water
Insurance
Llght and heat
Telephone
836
E li
Refreshment5
Repairs and malntenance
Cleanlng
Trlps
Unllorm
IT software
8ank fees
Staff training
Advertislng and reC￿￿tment
Prlnting and office ststionery
Fundralslng expense
2,090
14,540
1.553
64
352
1,658
12,417
1,583
128
291
990
60
1,602
60
222
92
138,223
119.892
Share ol support and ￿VerTr•n¢e costs (see note }
Governance
4.200
3.785
142.423
123.677
Analysls byfund
Unrestricied funds
142.423
12J,bll
Net movement in funds
2025
2024
The net movement in funds is Stated after tharyngllcreditrngl-.
DÈprÈtiation of r)wnod taheiblè fixed as%Èts
6.977
5.284

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits fr(Th the
charSty durln8 the year.
Employee5
The average monthly number of employees during the year was:
2025
Number
2024
Number
Total
Employm•nt costs
2025
2024
Wages and salarles
Other pension costs
101,083
1,773
87,072
1.358
102,856
88,430
There were no emplo￿$ whose •nnu•l remunerjtion WJS more than £60,IJX).
10 T•xatlon
The charlty Is exempt from taxation on Its activlties because all Its Incomels applled for chadtable purpose5.
10_

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
11 T•n¢ible fixed 15sets
Int Comwter
ewlwnent
Tot
Cost
At I September 2024
Addltions
21,101
11.555
1,845
22,946
11.555
At 31 August 202S
32,656
1.845
34,501
D•pr•eiation and imyirni•nl
At I September 2024
Depreciation charged In tht yèar
17.277
6.713
1.399
264
18,676
6,977
At 31 August 2025
23.99)
1.663
25.653
C•rryln¢ •mount
At 31 August 2025
8.666
182
8.848
At 31 Au8USt 2024
3,824
446
4,270
12 D•btors
2025
2024
Amounts lallln¢ du• wlthln on• y••r.
Other debtors
Prepayments and accrued intome
4,440
2,032
2,289
2.289
.472
13 Crndltors.. •mounts f•lllng du• wSthln one y••r
2025
2024
Other creditors
Accruals and deferred Income
3,250
660
2,150
2.176
3.910
4.326

MAWNAN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
14 Unrestrfrted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unresiricted funds by the trustee5 for specific purp05e5.
Incomln¢
R*sourc•s At 31 Auiust
September r•sourc•s •xpend•d
2025
2024
General funds
I(￿.662
150.379
1142.4231
108,618
Pre¥Sous year.
Incoming
resources
Resource5 At 31 Auiust
expended
2024
ptember
2023
General funds
94,615
129,724
1123,6771
ICQ,662
15 R•l4ted party Iransactlonl
There were no dlsdosable related party transactions duflng the year12024- none).
12_

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