Trustees Annual Report 23/24
St Malo Under 5s Centre Registration Number: 1033670
Belle Cross Road
Kingsbridge TQ7 1NL Stmalounder5s@btnternet.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 funds between £25,000 & £30,000 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 2024
Newmans Accounting Services Limited
St Malo Under 5's Centre 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 2024
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 2024
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 2024
Independent Examiner's Report to the Trustees of St Malo Under 5's Centre for the Year Ended 31 August 2024
I report on the accounts for the year ended 31 August 2024, 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 of Independent 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 2024
| 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 |
2024 £ £ 24,492 1,427 88,683 2,098 116,700 530 - 530 116,170 12,957 6,047 19,004 97,166 627 97,793 107,791 625 5,476 - 1,513 40 19 400 278 699 - 116,841 (19,048) |
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) |
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) |
|---|---|---|---|
| 96,823 1,049 |
|||
| 12,957 6,047 |
3,563 6,739 |
||
| 95,774 10,302 |
|||
| 107,791 625 5,476 - 1,513 40 19 400 278 699 - |
96,036 15 6,243 31 1,458 310 72 400 206 917 33 |
||
| 85,472 | |||
| 308 | |||
| 85,780 | |||
| 105,721 | |||
| (19,941) |
Page 4
St Malo Under 5's Centre Balance Sheet As At 31 August 2024
| 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 2023 Profit/(Loss) for the period/year Balance Carried Forward |
2024 £ £ 28,390 2,417 55,028 907 58,352 982 400 1,382 56,970 85,360 85,360 104,408 (19,048) 85,360 |
2024 £ £ 28,390 2,417 55,028 907 58,352 982 400 1,382 56,970 85,360 85,360 104,408 (19,048) 85,360 |
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 |
|---|---|---|---|---|
| 58,352 982 400 |
77,286 868 400 |
|||
| 1,382 | 1,268 | |||
| 85,360 | 104,408 | |||
| 85,360 | 104,408 | |||
| 104,408 (19,048) |
124,349 (19,941) |
|||
| 85,360 | 104,408 |
Page 5
St Malo Under 5's Centre Notes to the Accounts For The Year Ended 31 August 2024
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 2023 As at 31 August 2024 Net Book Value As at 31 August 2024 As at 1 September 2023 |
Land & Property Freehold £ 28,390 |
| 28,390 | |
| 28,390 | |
| 28,390 |
Page 6
ST MALO UNDER 5'S CENTRE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
Newmans Accounting Services Limited
St Malo Under 5's Centre 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 2024
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 2024
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 2024
Independent Examiner's Report to the Trustees of St Malo Under 5's Centre for the Year Ended 31 August 2024
I report on the accounts for the year ended 31 August 2024, 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 of Independent 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 2024
| 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 |
2024 £ £ 24,492 1,427 88,683 2,098 116,700 530 - 530 116,170 12,957 6,047 19,004 97,166 627 97,793 107,791 625 5,476 - 1,513 40 19 400 278 699 - 116,841 (19,048) |
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) |
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) |
|---|---|---|---|
| 96,823 1,049 |
|||
| 12,957 6,047 |
3,563 6,739 |
||
| 95,774 10,302 |
|||
| 107,791 625 5,476 - 1,513 40 19 400 278 699 - |
96,036 15 6,243 31 1,458 310 72 400 206 917 33 |
||
| 85,472 | |||
| 308 | |||
| 85,780 | |||
| 105,721 | |||
| (19,941) |
Page 4
St Malo Under 5's Centre Balance Sheet As At 31 August 2024
| 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 2023 Profit/(Loss) for the period/year Balance Carried Forward |
2024 £ £ 28,390 2,417 55,028 907 58,352 982 400 1,382 56,970 85,360 85,360 104,408 (19,048) 85,360 |
2024 £ £ 28,390 2,417 55,028 907 58,352 982 400 1,382 56,970 85,360 85,360 104,408 (19,048) 85,360 |
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 |
|---|---|---|---|---|
| 58,352 982 400 |
77,286 868 400 |
|||
| 1,382 | 1,268 | |||
| 85,360 | 104,408 | |||
| 85,360 | 104,408 | |||
| 104,408 (19,048) |
124,349 (19,941) |
|||
| 85,360 | 104,408 |
Page 5
St Malo Under 5's Centre Notes to the Accounts For The Year Ended 31 August 2024
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 2023 As at 31 August 2024 Net Book Value As at 31 August 2024 As at 1 September 2023 |
Land & Property Freehold £ 28,390 |
| 28,390 | |
| 28,390 | |
| 28,390 |
Page 6