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2023-08-31-accounts

Managers report AGM 29/01/2024

2022/23 was a very busy year that saw a number of changes, most significantly was the resignation of Caroline Armstrong in January 2023. After 10 years working at the preschool she felt it was time to move on to pastures new. We had started the year strongly with good numbers on the register, this continued to build and build throughout the year. Caroline leaving meant that I was left as the only manager, after some discussion and the difficulties we were already experiencing with recruitment it was decided that I would continue as the only manager with Charley as my Deputy, dealing with the educational side of things out with the children. By the end of the summer term it had become apparent that Katherine was naturally stepping into a more managerial role, so we proposed that she be promoted to Assistant Business Manager, this helped to take some of the pressure off me as she has taken on the responsibility for all of the invoicing and updating the registers.

With it being such a busy year right from the start we have had to adjust some of our routines slightly. Historically we had always used the Rainbow room as our main room but due to the fact that we are now so busy for the breakfast club and after school club we found ourselves needing to use the Buzzard room much more outside of the core hours, this lead us to reflect on how we were utilising the space we have, and with a few little tweaks we are finding we are using all of the spaces much more effectively. Including a much more free flow approach to the Nature Garden, wellies and overalls are positioned next to the door and the children are encouraged to get themselves ready independently. The regeneration of our outside spaces has started, the back garden has been

resurfaced, the shed moved from the front covered area, giving us more space out there and plans are underway for the Easter holidays to put a shelter in the nature garden and to make raised beds for vegetable patches.

We have moved much more towards the Curiosity Approach using authentic resources and inspiring awe and wonder in the children, we have done this alongside Opal (Observations of Play and Learning) which we use as our curriculum instead of the EYFS. Our classrooms have become homely, calm, neutral spaces where the children are much more likely to engage in focussed, imaginative play

All in all 2022/23 felt like a really good year of growth at the preschool, it had it’s challenges at times but everyone seemed to take them in their stride and cement what a strong team we have. 2023/24 is promising to be another busy and fantastic year.

Lymptone Preschool Lymptone Preschool Lymptone Preschool Lymptone Preschool Charity No
(if any)
Annual accounts for theperiod
Period start date 9/1/2022 To Period end
date		 8/31/2023
Section A Statement of financial activities
Recommended categories by
activity		 Guidance Notes Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Incoming resources(Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 3,764 10,000 - 13,764 10,067
Charitable activities S02 248,933 - - 248,933 206,718
Other trading activities S03 - - - - -
Investments S04 240 - 240 50
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 252,937 10,000 - 262,937 216,835
Resources expended(Note 6)
Expenditure on:
Office maintenance & running costs S08 12,582 - - 12,582 13,632
Charitable activities S09 209,279 - - 209,279 191,560
Separate material item of expense S10 - - - - -
Other -depreciation S11 1,155 - - 1,155 1,497
Total S12 223,016 - - 223,016 206,689
Net income/(expenditure) before
gains/(losses)		 investment S13 29,921 10,000 - 39,921 10,146
Netgains/(losses)on investments S14 - - - - -
Net income/(expenditure) S15 29,921 10,000 - 39,921 10,146
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Othergains/(losses) S19 - - - - -
Net movement in funds S20 29,921 10,000 - 39,921 10,146
Reconciliation of funds:
Total funds brought forward S21 55,317 - - 55,317 45,171
Total funds carried forward S22 85,238 10,000 - 95,238 55,317

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Section B Balance sheet Section B Balance sheet Section B Balance sheet
Lympstone Preschool:
year ended 31 August 2023		 Guidance Notes
 Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total this
year		 Total last
year
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
B01 - - - - -
Tangible assets(Note 14) B02 2,749 - - 2,749 2,035
B03 - - - - -
B04 - - - - -
Total fixed assets B05 2,749 - - 2,749 2,035
Current assets
B06 - - - - -
Debtors(Note 19) B07 9,634 - - 9,634 6,581
B08 - - - - -
Cash at bank and in hand(Note 24) B09 81,204 10,000 - 91,204 55,665
Total current assets B10 90,838 10,000 - 100,838 62,246
Creditors: amounts falling due within
oneyear(Note 20)		 B11 8,349 - - 8,349 8,965
Net current assets/(liabilities) B12 82,489 10,000 - 92,489 53,282
Total assets less current liabilities B13 85,238 10,000 - 95,238 55,317
Creditors: amounts falling due after
oneyear		 B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 85,238 10,000 - 95,238 55,317
Funds of the Charity
B17 - - -
Restricted income funds (Note 27) B18 10,000 10,000 -
Unrestricted funds B19 85,238 - 85,238 55,317
B20 -
Total funds B21 85,238 10,000 - 95,238 55,317
Signed by one or two trustees on behalf of all
the trustees		 Signature Print Name Date of
approval
dd/mm/yyyy
M Lyon
L Bacon
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts
Lympstone Preschool:year ended 31 August 2023
Note 1Basis of preparation
This section should be completed by all charities.
1.1 Basis of accounting
These accounts
transaction value		 have been prepared under the historical cost convention with items recognised at cost or
unless otherwise stated in the relevant note(s) to these accounts.
The accounts ha ve been prepared in accordance with:
• and with* ü the Statement of Recommended
preparing their accounts in accord
in the UK and Republic of Ireland (		 Practice: Accounting and Reporting by Charities
ance with the Financial Reporting Standard applicable
FRS 102) issued on 16 July 2014
• and with* ü the Financial Reporting Standard
Ireland (FRS 102)		 applicable in the United Kingdom and Republic of
• and with the C harities Act 2011.
The charity cons
FRS 102.*		 titutes a public benefit entity as defined by
* -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or con
ability to continue as a going concern, please provide the
appropriate:		 ditions that cast significant doubt on the charity's
following details or state "Not applicable", if
An explanation as to those factors that support
the conclusion that the charity is a going
concern;		 Not applicable ["N/A"]
Disclosure of any uncertainties that make the
going concern assumption doubtful;		 N/A
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.		 N/A
1.3 Change of accounting policy
The accounts present a tru e and fair view and t he accounting policies adopted are those outlined innote 2.
Yes* ü * -Tick as appropriate
No* ü
Please disclose :
(i) the nature of the change in accounting policy;
(ii) the reasons
provides more r
and		 why applying the new accounting policy
eliable and more relevant information;

----- Start of picture text -----
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes ü
No ü * -Tick as appropriate
Please disclose:
(i) the nature of any changes; N/A
(ii) the effect of the change on income and expense or N/A
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
N/A
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes ü
No ü * -Tick as appropriate
Please disclose:
(i) the nature of the prior period error; N/A
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
N/A
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
N/A
----- End of picture text -----

Notes to the accounts (cont)

Lympstone Preschool: year ended 31 August 2023

Note 2 Accounting policies

Please complete this note when first reporting under FRS 102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable. N/A

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change N/A in accounting policy

Reconcilation of funds per previous GAAP to funds determined under FRS 102

Start of End of prior
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated

Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

End of prior period £ Net income/(expenditure) as previously stated Adjustments: Previous period net income/(expenditure) as restated

5 of 29

Section C Notes to the accounts ( Section C Notes to the accounts ( Section C Notes to the accounts ( Section C Notes to the accounts ( Section C Notes to the accounts ( cont)

Lympstone Preschool:year ended 31 August 2023
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:

· the charity becomes entitled to the resources;

·it is more likely than not that the trustees will receive the resources; and		 Yes No N/a

· the monetary value can be measured with sufficient reliability.		 ü ü ü
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required
orpermitted bythe FRS 102 SORP or FRS 102.		 Yes No N/a
ü ü ü
Grants and donations Grants and donations are only included in the SoFA when the general income
recognition criteria are met(5.10 to 5.12 FRS102 SORP).		 Yes No N/a
ü ü ü
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
onlyoccurs when theperformance related conditions are met(5.16 FRS 102 SORP).		 Yes No N/a
ü ü ü
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.		 Yes No N/a
ü ü ü
Government grants The charity has received government grants in the reporting period Yes No N/a
ü ü ü
Tax reclaims on
donations and gifts		 Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.		 Yes No N/a
ü ü ü
Contractual income and
performance related
grants		 This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.		 Yes No N/a
ü ü ü
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.		 Yes No N/a
ü ü ü
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carryingamount of the stocks at distribution.		 Yes No N/a
ü ü ü
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.		 Yes No N/a
ü ü ü
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incomingresources when receivable.		 Yes No N/a
ü ü ü
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.		 Yes No N/a
ü ü ü
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
Donated services and
Donated services and facilities are included in the SOFA when received at the value of		 Donated services and
Donated services and facilities are included in the SOFA when received at the value of

facilities
the gift to the charity provided the value of the gift can be measured reliably.		 ü ü ü
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
headingin the SOFA.		 Yes No N/a
ü ü ü
Support costs The charity has incurred expenditure on support costs. Yes No N/a
ü ü ü
Volunteer help The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.		 Yes No N/a
ü ü ü
Income from interest,
royalties and dividends		 This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.		 Yes No N/a
ü ü ü
Income from membership
subscriptions		 Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.		 Yes No N/a
ü ü ü
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.		 Yes No N/a
ü ü ü
Settlement of insurance
claims		 Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.		 Yes No N/a
ü ü ü
Investment gains and
losses		 This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.		 Yes No N/a
ü ü ü
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.		 Yes No N/a
ü ü ü
Governance and support
costs		 Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.		 Yes No N/a
ü ü ü
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.		 Yes No N/a
ü ü ü
Grants with performance
conditions		 Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.		 Yes No N/a
ü ü ü
Grants payable without
performance conditions		 Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.		 Yes No N/a
ü ü ü
Redundancy cost The charity made no redundancy payments during the reporting period. Yes No N/a
ü ü ü
Deferred income No material item of deferred income has been included in the accounts. Yes No N/a
ü ü ü
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts		 Yes No N/a
ü ü ü
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reportingdate		 Yes No N/a
ü ü ü
Basic financial The charity accounts for basic financial instruments on initial recognition as per

 Yes No N/a
paragraph 10 7 FRS102 SORP
Subsequent measurement is as per paragraphs 11 17
instruments paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.		 ü ü ü
2.4 ASSETS
Tangible fixed assets for
use by charity		 These are capitalised if they can be used for more than one year, and cost at least £300
They are valued at cost. Yes No N/a
ü ü ü
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5		 Yes No N/a
ü ü ü
They are valued at cost. Yes No N/a
ü ü ü
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.		 Yes No N/a
ü ü ü
Yes No N/a
They are valued at cost. ü ü ü
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.		 Yes No N/a
ü ü ü
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments		 Yes No N/a
ü ü ü
Stocks and work in
progress		 Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
realisable value.		 net Yes No N/a
ü ü ü
Goods or services provided as part of a charitable activity are measured at net realisable
based on the service potential provided by items of stock.		 value Yes No N/a
ü ü ü
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the c ontract. Yes No N/a
ü ü ü
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.		 Yes No N/a
ü ü ü
Current asset
investments		 The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.		 Yes No N/a
ü ü ü
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. ü ü ü
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Section C Notes to the acco unts (cont) (cont)

Lympstone Pre
school:year ended 31 August 2023
Note 3 Analysis of income

Analysis		 Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds
 Prioryear
£ £
Donations
and legacies:		 Donations and gifts 3,537 10,000 - 13,537 9,533

Gift Aid		 - - - - -
Legacies - - - - -
DCC Grant-New build F& Furniture - - - - -
Membership subscriptions and sponsorships
which are in substance donations		 - - - -
Donated goods, facilities and services - - - - -

Other		 227 - - 227 534
Total 3,764 10,000 - 13,764 10,067
Charitable
activities:		 EDDC termly grants & DAF funding 127,769 - - 127,769 102,093
DCC Grant-SEN - - - - - 281
Fees from parents-lunch & extra sessions 61,139 - - 61,139 65,289

Fees from parents -ASC & Holiday Club,
Toddler Club		 59,126 - - 59,126 34,999
Fund-raising (less materials costs) 899 - - 899 4,618
Total 248,933 - - 248,933 206,718
Other trading
activities:		 - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from
investments:		 Interest income 240 - - 240 50
Dividend income - - - - -
Rental and leasing income - - - - -

Other		 - - - - -
Total 240 - - 240 50
Separate
material item
of income:		 - - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use		 -
 - - - -
Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
propertyrights		 - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOM E 252,937 10,000 - 262,937 216,835
Other informati on:
All income in the prior year was unrestricted except for:
(please provide description and amounts)		 All income in the prior year was unrestricted except for:
(please provide description and amounts)		 N/A N/A N/A N/A N/A
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.		 N/A
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Section C Notes to the accounts
 Section C Notes to the accounts
 (cont) (cont)

~~Lympstone Preschool:year ended 31 August 2023~~
Note 4 Analysis of receipts of government grants
Description Thisyear Lastyear
£ £
Government grant 1 EDDC termly grants & DAF funding 127,769 102,093

Government grant 2		 DCC Grant-SEN - - 281
Government grant 3 - -

Other		 - -
Total 127,769 101,812
Please provide details of any
unfulfilled conditions and other
contingencies attaching to grants that
have been recognised in income.
Please give details of other forms of
government assistance from which
the charity has directly benefited.
Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 5 Donated goods, facilities and services N/A
Thisyear Lastyear
£ £
Seconded staff - -
Use ofproperty - -
Other - -
- -
Please provide details of the
accounting policy for the recognition
and valuation of donated goods,
facilities and services.
Please provide details of any
unfulfilled conditions and other
contingencies attaching to resources
from donated goods and services not
recognised in income.
Please give details of other forms of
other donated goods and services not
recognised in the accounts, eg
contribution of unpaid volunteers.
Section C Notes to the acc Notes to the acc ounts (cont) (cont)

Lympstone Presch
ool:year ended 31 August 2023
Note 6 Analysis of expenditure

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds		 Total funds
 Prioryear
£ £
Expenditure on
raising funds:		 Incurred seeking donations - - - - -
Incurred seeking legacies - - - - -
Incurred seeking grants
Operating membership s
social lotteries		 chemes and
Staging fundraising even ts
Fudraising agents
Operating charity shops
Operating a trading comp
undertaking non-charitabl
activity		 any
e trading
Advertising, marketing, di
publicity		 rect mail and - - - - -
Start up costs incurred in
new source of future inco		 generating
me		 - - - - -
Office supplies 2,906 - - 2,906 1,946
Other trading activities
Investment management costs: - - - -
Portfolio management costs - - - - -

Cost of obtaining investment advice		 - - - - -
Investment administration costs - - - - -
Insurance, PLA membership, Ofsted
fees		 1,636 - - 1,636 1,688
Furbishment of new build, &
maintenance charges		 4,228 - - 4,228 3,673
Village hall rental 3,812 - - 3,812 6,325
Total expenditure on raising funds 12,582 - - 12,582 13,632
Expenditure on
charitable
activities		 Salary costs Note 11 195,943 - - 195,943 180,192
Pension costs [NEST] Note 12 2,939 - - 2,939 2,350
Other staff costs Note 11 1,010 - - 1,010 1,275
Food & snacks 2,429 - - 2,429 2,568
Play equipment & books 3,521 - - 3,521 2,783
Other expenses 3,437 - - 3,437 2,392
Nature garden & outdoor space at back - - - - -
- - - - -
- - - - -
Total expenditure on charitable
activities		 Total expenditure on charitable
activities		 209,279 - - 209,279 191,560
Separate material
item of expense		 - - - - -
- - - - -
- - - - -
- - - -
Total - - - - -
Other
Depreciation on fixed assets held 1,155 - - 1,155 1,497
- - - - -
- - - - -
- - - - -
- - - - -
Total other expenditure 1,155 - - 1,155 1,497
TOTAL EXPENDIT URE 223,016 - - 223,016 206,689
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont)

Lympstone Preschool:year ended 31 August 2023
Note 11 Paid employees

Please complete this note if the charity has any employees.
11.1 Staff Costs
Thisyear Lastyear
£ £
Salaries and wages 193,618 178,881
Social security costs 2,325 1,311
Pension costs(defined contribution scheme) 2,939 2,350
Other employee benefits 1,010 1,275
Total staff costs 199,892 183,817
Please provide details of expenditure on staff working for the
charity whose contracts are with and arepaid by a relatedparty		 N/A
Please give details of the number of employees whose total employee benefits (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions,
please enter 'true' in the box provided.
No employees received employee benefi
pension costs) for the reporting period o		 ts (excluding employer
f more than £60,000		 N/A
Band Num ber of employees -N/A
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 N/A
11.2 Average head count in the year Thisyear Lastyear
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 14 14
Governance - -
Other-Administration 2 2
Total 16 16
11.3 Ex-gratiapayments to employees a nd others(excluding trustees)
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont)

Lympstone Preschool:year ended 31 August 2023
Note 11 Paid employees

Please complete this note if the charity has any employees.
11.1 Staff Costs
Thisyear Lastyear
£ £
Salaries and wages 193,618 178,881
Social security costs 2,325 1,311
Pension costs(defined contribution scheme) 2,939 2,350
Other employee benefits 1,010 1,275
Total staff costs 199,892 183,817
Please provide details of expenditure on staff working for the
charity whose contracts are with and arepaid by a relatedparty		 N/A
Please give details of the number of employees whose total employee benefits (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions,
please enter 'true' in the box provided.
No employees received employee benefi
pension costs) for the reporting period o		 ts (excluding employer
f more than £60,000		 N/A
Band Num ber of employees -N/A
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 N/A
11.2 Average head count in the year Thisyear Lastyear
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 14 14
Governance - -
Other-Administration 2 2
Total 16 16
11.3 Ex-gratiapayments to employees a nd others(excluding trustees)
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont)

Lympstone Preschool:year ended 31 August 2023
Note 11 Paid employees

Please complete this note if the charity has any employees.
11.1 Staff Costs
Thisyear Lastyear
£ £
Salaries and wages 193,618 178,881
Social security costs 2,325 1,311
Pension costs(defined contribution scheme) 2,939 2,350
Other employee benefits 1,010 1,275
Total staff costs 199,892 183,817
Please provide details of expenditure on staff working for the
charity whose contracts are with and arepaid by a relatedparty		 N/A
Please give details of the number of employees whose total employee benefits (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions,
please enter 'true' in the box provided.
No employees received employee benefi
pension costs) for the reporting period o		 ts (excluding employer
f more than £60,000		 N/A
Band Num ber of employees -N/A
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 N/A
11.2 Average head count in the year Thisyear Lastyear
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 14 14
Governance - -
Other-Administration 2 2
Total 16 16
11.3 Ex-gratiapayments to employees a nd others(excluding trustees)
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont)

Lympstone Preschool:year ended 31 August 2023
Note 11 Paid employees

Please complete this note if the charity has any employees.
11.1 Staff Costs
Thisyear Lastyear
£ £
Salaries and wages 193,618 178,881
Social security costs 2,325 1,311
Pension costs(defined contribution scheme) 2,939 2,350
Other employee benefits 1,010 1,275
Total staff costs 199,892 183,817
Please provide details of expenditure on staff working for the
charity whose contracts are with and arepaid by a relatedparty		 N/A
Please give details of the number of employees whose total employee benefits (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions,
please enter 'true' in the box provided.
No employees received employee benefi
pension costs) for the reporting period o		 ts (excluding employer
f more than £60,000		 N/A
Band Num ber of employees -N/A
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 N/A
11.2 Average head count in the year Thisyear Lastyear
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 14 14
Governance - -
Other-Administration 2 2
Total 16 16
11.3 Ex-gratiapayments to employees a nd others(excluding trustees)

Please complete if an ex-gratia payment is made. N/A Please explain the nature of the payment Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset) 11.4 Redundancy payments Please complete if any redundancy or termination payment is made in the period. N/A Total amount of payment The nature of the payment (cash, asset etc.) The extent of redundancy funding at the balance sheet date Please state the accounting policy for any redundancy or termination payments

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)

Lympstone Preschool:year ended 31 August 2023
Note 12 Defined contribution pension scheme or defined benefit scheme accounted
for as a defined contribution scheme.
12.1 Please complete this note if a defin ed contributionpension scheme is operated.
Amount of contributions recognised in
the SOFA as an expense		 Employer pension contributions to NEST: £2,939 [Prior year: £2,350]
Please explain the basis for allocating
the liability and expense of defined
contribution pension scheme between
activities and between restricted and
unrestricted funds.		 All pension costs relate to unrestricted funds
12.2 Please complete this section where the charity participates in a defined benefit pension plan but is
unable to ascertain its share of the underlying assets and liabilities.
Please confirm that altough the scheme
is accounted for as a defined
contribution plan, it is a defined benefit
plan.		 N/A
Please provide such information as is
available about the plan's surplus or
deficit and the implications, if any, for
the reporting charity		 N/A
12.3 Please complete this section where
pension plan that is accounted for as a d		 the charity participates in a multi-employer defined benefit
efined contribution plan.
Describe the extent to which the charity
can be liable to the plan for other
entities' obligations under the terms
and conditions of the multi-employer
plan		 N/A
Section C Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont)

Lympstone Preschool:
year ended 31 August 2023
Note 14 Tangible fixed assets

Please complete this
note if the charity has any tangible fixed assets
14.1 Cost or valuatio n
Freehold land
& buildings		 Other land &
buildings		 Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
theyear		 - - - 21,339 21,339
Additions - - - 1,869 1,869
Revaluations - - - - -
Disposals - - - - 11,211 - 11,211
Transfers * - - - - -
At end of the year - - - 11,997 11,997
14.2 Depreciation an d impairments
**Basis SL SL SL SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate
At beginning of the
year		 - - - 19,304 19,304
Disposals - - - - 11,211 - 11,211
Depreciation - - - 1,155 1,155
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 9,248 9,248
14.3 Net book value
Net book value at the
beginning of the year		 - - - 2,035 2,035
Net book value at the
end of the year		 - - - 2,749 2,749
14.4 Impairment

Please provide a description of the events and
circumstances that led to the recognition or
reversal of an impairment loss.		 N/A
Section C Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont)

Lympstone Preschool:
year ended 31 August 2023
Note 14 Tangible fixed assets

Please complete this
note if the charity has any tangible fixed assets
14.1 Cost or valuatio n
Freehold land
& buildings		 Other land &
buildings		 Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
theyear		 - - - 21,339 21,339
Additions - - - 1,869 1,869
Revaluations - - - - -
Disposals - - - - 11,211 - 11,211
Transfers * - - - - -
At end of the year - - - 11,997 11,997
14.2 Depreciation an d impairments
**Basis SL SL SL SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate
At beginning of the
year		 - - - 19,304 19,304
Disposals - - - - 11,211 - 11,211
Depreciation - - - 1,155 1,155
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 9,248 9,248
14.3 Net book value
Net book value at the
beginning of the year		 - - - 2,035 2,035
Net book value at the
end of the year		 - - - 2,749 2,749
14.4 Impairment

Please provide a description of the events and
circumstances that led to the recognition or
reversal of an impairment loss.		 N/A
14.5 Revaluation N/A
If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant
assumptions
the carrying amount that would have been
recognised had the assets been carried under
the cost model.
14.6 Other disclosures
(i) Please state the amount of borrowing costs,
if any, capitalised in the construction of tangible
fixed assets and the capitalisation rate used.		 N/A
(ii) Please provide the amount of contractual
commitments for the acquisition of tangible fixed
assets.		 N/A
(iii) Details of the existence and carrying
amounts of property, plant and equipment to
which the charity has restricted title or that are
pledged as security for liabilities.		 N/A
* The"transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL= straight
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
19.1 Analysis of debtors This year Last year
£ £
Trade debtors 7,776 5,049
Prepayments and accrued income 1,568 1,483
Other debtors 290 50
9,634 6,582
Total
Please complete 19.2 where a material debtor is recoverable more than a year aft er the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
This year Last year

£
£
Trade debtors - -
Prepayments and accrued income - -
Other debtors - -
- -
Total - -
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
19.1 Analysis of debtors This year Last year
£ £
Trade debtors 7,776 5,049
Prepayments and accrued income 1,568 1,483
Other debtors 290 50
9,634 6,582
Total
Please complete 19.2 where a material debtor is recoverable more than a year aft er the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
This year Last year

£
£
Trade debtors - -
Prepayments and accrued income - -
Other debtors - -
- -
Total - -
Section C Notes to the ac counts counts (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 20 Creditors and accruals
Please complete this note if the charity has any credito rs or accruals.
20.1 Analysis of creditors
Amounts falling due
within oneyear		 Amounts falling due after
more than oneyear
This year Last year This year Last year

£
£
£
£
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account forparents' fees 2,809 4,814 - -
Accruals and deferred income 800 2,272 - -
Taxation and social security 4,740 1,879 - -
Other creditors - - - -
Total 8,349 8,965 - -
20.2 Deferred income
Please complete this note if the charity has deferred in come.
Please explain the reasons why income is deferred.
Movement in deferred income account This year Last year

£
£
Balance at the start of the reporting period - -
Amounts added in currentperiod - -
Amounts released to income frompreviousperiods - -
Balance at the end of the reporting period - -
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 24 Cash at bank and in hand
This year Last year

£
£
Short term cash investments(less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 91,204 55,665
Other - -
Total 91,204 55,665
Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Lympstone Preschool:year ended 31 August 2023
Note 27 Charity funds
27.1 Details of material funds held and movements during the CURRENT reporting period
Please give details of the movements of material individual f
The 'Total funds' figure below should reconcile to 'Total fund		 unds in the reporting period together with a balancing figure for 'Other funds'.
s' in the blanace sheet.
* Key: PE - permanent endowment funds; EE - expendible en
charity; and U - unrestricted funds		 dowment funds; R - restric ted income funds, including special trusts, of the
Fund names Type
PE, EE
R or
**UR ***		 Purpose and Restrictions
 Fund
balances
brought
forward		 Income Expenditure Transfers Gains and
losses		 Fund
balances
carried
forward
£ £ £ £ £ £
Unrestricted UR Charitable activities -no restrictions 55,317 252,937 - 223,016 - - 85,238
Restricted R Spend on Nature garden &outdoor
space at back of Preschool		 - 10,000 - - - 10,000
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 55,317 262,937 - 223,016 - - 95,238

Section C Notes to the accounts (cont)

Lympstone Preschool: year ended 31 August 2023

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Lympstone Preschool:year ended 31 August 2023
Note 27 Charity funds (cont)
27.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The
'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity;
and U - unrestricted funds
Fund names Type
PE, EE
R or
**UR ***		 Purpose and Restrictions
 Fund
balances
brought
forward		 Income Expenditure Transfers Gains and
losses		 Fund
balances
carried
forward
£ £ £ £ £ £
Unrestricted UR Charitable activities -no restrictions 45,171 216,835 - 206,689 - - 55,317
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 45,171 216,835 - 206,689 - - 55,317
Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Lympstone Preschool:year ended 31 August 2023
Note 27 Charity funds (cont)
27.3 Transfers between fundsN/A
Reason for transfer and where endowment is converted to income,
legal power for its conversion		 Amount
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
27.4 Designated fundsN/A
Planned use Purpose of the designation Amount
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 28 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the truste
of such transactions should be provided in this note. If there are no transac
"False" if there are transactions to report.		 e expenses explained in guidance notes) details
tions to report, please enter “True” in the box or
28.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other
employment with their charity or a related entity (True or False)		 benefits from an 1
In the period the charity has paid trustees remuneration and benefits. Pleas
remuneration or other benefitspaid to a trustee by the charity or any institut		 e give the amount of, and legal authority for, any
ion or company connected with it.
Name of trustee Legal authority (eg
order, governing
document)		 Amounts paid or benefit value
This y ear Last year
Remuneration
Pension
contribution
Redundancy
(including
loss of
office)/ex
gratia		 Other
TOTAL
£ £ £ £
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of
note. If there are no transactions to report, please enter “True” in the box be
enter "False".		 such transac
low. If there		 tions should
are transactio		 be provided in this
ns to report, please
No trustee expenses have been incurred (True or False) 1
Type of expenses reimbursed This year Last year
£ £
Travel
Subsistence
Accommodation
Other (please specify):
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)

Lympstone Preschool:year ended 31 August 2023
Note 28 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the truste
of such transactions should be provided in this note. If there are no transac
"False" if there are transactions to report.		 e expenses explained in guidance notes) details
tions to report, please enter “True” in the box or
28.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other
employment with their charity or a related entity (True or False)		 benefits from an 1
In the period the charity has paid trustees remuneration and benefits. Pleas
remuneration or other benefitspaid to a trustee by the charity or any institut		 e give the amount of, and legal authority for, any
ion or company connected with it.
Name of trustee Legal authority (eg
order, governing
document)		 Amounts paid or benefit value
This y ear Last year
Remuneration
Pension
contribution
Redundancy
(including
loss of
office)/ex
gratia		 Other
TOTAL
£ £ £ £
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of
note. If there are no transactions to report, please enter “True” in the box be
enter "False".		 such transac
low. If there		 tions should
are transactio		 be provided in this
ns to report, please
No trustee expenses have been incurred (True or False) 1
Type of expenses reimbursed This year Last year
£ £
Travel
Subsistence
Accommodation
Other (please specify):
TOTAL
Please provide the number of trustees reimbursed for
expenses or who had expenses paid by the charity
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on b
interest, including where funds have been held as agent for r
'true' in the box provided.		 ehalf of) the charity in which a related party has a material
elated parties. If there are no such transactions, please enter
There have been no related party transactions in the reporting period (True or False) 1
Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end
Amounts
written off
during
reporting
period
£ £ £ £
In relation to the transactions above, please provide the
terms and conditions, including any security and the nature
of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any
guaranteesgiven or received.

Section C Notes to the accounts (cont) Lympstone Preschool: year ended 31 August 2023 Note 29 Additional Disclosures Note: the following notes are not relevant for the current or prior years, and have therefore been omitted: Notes: 2, 7, 8, 9, 10, 13, 15, 16, 17, 18, 21, 22, 23, 25, 26

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
On accounts for the year
ended
Set out on pages
Responsibilties and
basis of report
Independent
examiner's statement		 Charity Name
LYMPSTONE PRESCHOOL		 Charity Name
LYMPSTONE PRESCHOOL		 Charity Name
LYMPSTONE PRESCHOOL
31 August 2023 Charity no
(if any)		 1038447
SOFA, B-Sheet, N1, N2.2, N3, N4, N5, N6, N11, N12, N14, N19, N20, N24,
N27, N28, N29(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended31/08/2023.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 (“the
Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination 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 no concerns and 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.

Signed: H N Cookes Date: 23/5/2024 Name: Howard Cookes FCA Relevant professional HNC ACCOUNTING SOLUTIONS LTD, qualification(s) or body Chartered Accountants (ICAEW) (if any): Address: Higher Greenhill, Burgmanns Hill, Lympstone, Devon, EX8 5HP

1

Oct 2018