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2023-08-31-accounts

Trustees Annual Report 22/23

St Malo Under 5s Centre Registration Number: 1033670

Belle Cross Road

Kingsbridge

TQ7 1NL

Stmalounder5s@btinternet.com 01548 857713

Trustees & Committee Members

Josephine Luscombe – Chair

Chloe Savage – Secretary Charlotte Norton – Treasurer Lucy Brocklebank - Member Michelle Jordan - Member Lauren Hannaford – Member

Leah Jordan – Member

Type of governing document:

Constitution adopted in 2011 based on the Pre-School Learning Alliance Constitution.

Trustee Selection Method:

Trustees are appointed to reappointed annually at the AGM which is held in September.

Our Aim:

To provide a secure, happy, stimulating environment for all children to thrive and develop into positive creative, eager young learners for primary school.

Activities and Objectives:

To continue to develop our settings inside and outdoor area, social media platforms, advertising, and fundraising.

-Keep all social media up to date with relevant information.

-Keep resources and toys updated and renewed when necessary.

-Hold fundraising events throughout the year.

This year we have developed our outside space, purchasing new climbing equipment. We have also purchased some livestock to encourage understanding of the world. We continue to make our book area more stimulating and inviting with books as we change our themes often.

We held our Christmas fundraiser, where we had various stalls with facepainting, crafts and festive cakes and buns. We also held a Christmas raffle and party for the children.

Reserves Policy:

We aim to hold a reservation fund of £35,000 for any unforeseen expenditures.

Declaration

The trustees declare that they have approved the trustee report above.

Signed on behalf of the trustees:

Charlotte Norton

Treasurer

20/12/2024

C.NORTON

ST MALO UNDER 5'S CENTRE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

Newmans Accounting Services Limited

St Malo Under 5's Centre Contents of the Unaudited Accounts For The Year Ended 31 August 2023

Contents
Page
Business Details 1
Approval 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Accounts 6

St Malo Under 5's Centre Business Details For The Year Ended 31 August 2023

Proprietor St Malo Under 5's Centre
Accountants Newmans Accounting Services Limited
Unit 2
Orchard Industrial Estate, Lower Union Road
Kingsbridge
Devon
TQ7 1HU

Page 1

St Malo Under 5's Centre Accounts Approval Statement For The Year Ended 31 August 2023

I approve these unaudited accounts which comprise a Profit and Loss Account, Balance Sheet and related notes. I acknowledge my responsibility for the accounts including the provision of all the information and explanations necessary for the completion.

Signed

............................................................ St Malo Under 5's Centre

Page 2

St Malo Under 5's Centre Accountant's Report For The Year Ended 31 August 2023

Independent Examiner's Report to the Trustees of St Malo Under 5's Centre for the Year Ended 31 August 2023

I report on the accounts for the year ended 31 August 2023, which are set out on the following pages.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

· examine the accounts under section 145 of the Charities Act,

· to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

· to state whether particular matters have come to my attention

Basis ofiIndependent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

· the accounting records were not kept in accordance with section 130 of the Charities Act; or

· the accounts did not accord with the accounting records; or

· the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

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

Newmans Accounting Services Limited Unit 2 Orchard Industrial Estate, Lower Union Road Kingsbridge Devon TQ7 1HU

Page 3

St Malo Under 5's Centre Profit and Loss Account For The Year Ended 31 August 2023

Turnover
Fees receivable
Fundraising
Early Year Grants
Other trading income
Cost of Sales
Milk & Snacks
Excursions
GROSS PROFIT
Distribution Costs
Premises costs
Consumable items
Other Income
Bank interest receivable
Expenditure
Wages and salaries
Training and travel
Utilities
Uniform costs
Insurance
Fundraising costs
Printing, postage and stationery
Accountancy fees
Subscriptions
Bookkeeping fees
Sundry expenses
NET LOSS
2023
£
£
30,908
1,923
63,679
313
96,823
675
374
1,049
95,774
3,563
6,739
10,302
85,472
308
85,780
96,036
15
6,243
31
1,458
310
72
400
206
917
33
105,721
(19,941)
2022
£
£
29,169
1,319
100,195
367
131,050
430
-
430
130,620
4,304
4,443
8,747
121,873
23
121,896
99,049
115
7,111
428
1,421
30
138
400
110
499
89
109,390
12,506
2022
£
£
29,169
1,319
100,195
367
131,050
430
-
430
130,620
4,304
4,443
8,747
121,873
23
121,896
99,049
115
7,111
428
1,421
30
138
400
110
499
89
109,390
12,506
131,050
430
3,563
6,739
4,304
4,443
130,620
8,747
96,036
15
6,243
31
1,458
310
72
400
206
917
33
99,049
115
7,111
428
1,421
30
138
400
110
499
89
121,873
23
121,896
109,390
12,506

Page 4

St Malo Under 5's Centre Balance Sheet As At 31 August 2023

Notes
FIXED ASSETS
Tangible Assets
2
CURRENT ASSETS
Other debtors
Cash at bank and in hand
Prepayments and accrued income
CURRENT LIABILITIES
Other Taxes and Social Security
Accruals and deferred income
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
CAPITAL ACCOUNT
Balance at 1 September 2022
Profit/(Loss) for the period/year
Balance Carried Forward
2023
£
£
28,390
2,417
74,004
865
77,286
868
400
1,268
76,018
104,408
104,408
124,349
(19,941)
104,408
2023
£
£
28,390
2,417
74,004
865
77,286
868
400
1,268
76,018
104,408
104,408
124,349
(19,941)
104,408
2022
£
£
28,390
1,409
94,323
840
96,572
213
400
613
95,959
124,349
124,349
111,843
12,506
124,349
2022
£
£
28,390
1,409
94,323
840
96,572
213
400
613
95,959
124,349
124,349
111,843
12,506
124,349
77,286
868
400
96,572
213
400
1,268 613
104,408 124,349
104,408 124,349
124,349
(19,941)
111,843
12,506
104,408 124,349

Page 5

St Malo Under 5's Centre Notes to the Accounts For The Year Ended 31 August 2023

1. Accounting Policy

These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.

2. Tangible Assets

.
Tangible Assets
Cost
As at 1 September 2022
As at 31 August 2023
Net Book Value
As at 31 August 2023
As at 1 September 2022
Land &
Property
Freehold
£
28,390
28,390
28,390
28,390

Page 6