## **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