2021-08-31-accounts - Merry Go Round Pre-School And Toddler Group (Stokenham)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 01/09/2020 To 31/08/2021

Charity name: Merry Go Round Preschool and Toddler Group (Stokenham) Charity registration number:1039722

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The main aim of the charity is the development, education and positive wellbeing of children under statutory school age.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	age. The running of a preschool and toddler group and to provide first rate preschool care for children. The charity operates within the following agreed aims and ethos: ● Provide a nurturing, child-led, supportive environment which focuses on the emotional wellbeing of the children in order to maximise their development ● Celebrate the individuality of every child to engage them in ways that are appropriate and meaningful to them ● Foster a family-like atmosphere which encourages relationships, kindness, empathy and compassion ● Encourage a play-based learning environment which supports healthy brain development, curiosity, exploration and confidence ● Provide regular opportunities for learning in the outdoors through weekly forest school sessions, beach trips and outings, as well as daily use

of the preschool’s natural outdoor space ● Encourage involvement in the wider local community through visits to other groups within the community, regular fundraisers, organised beach cleans and other community events Statement confirming Para 1.18 In agreeing the above objectives the charity whether the trustees have trustees gave careful consideration to the had regard to the guidance Charity Commission’s public benefit issued by the Charity guidance. Commission on public benefit

Additional information (optional) You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We were very fortunate to only be closed for one day due to covid during the financial year. We continued with precautions to prevent the spreading of covid, as we didn’t want to contribute to the spreading of the virus. This did not have a big effect on the number of attendees, and we were able to keep a strong number of children attending through the year. The year ended on a high with the setting full, and forecasted to be full going into the following year, even with significant numbers leaving to start school. We ran a ‘do at home’ quiz as a fundraiser over Christmas, and a covid- friendly outdoor treasure- hunt in July. These raised some useful money, and helped raise the profile of the preschool in the community. The latter of the two events was also a good way for people connected with the preschool to get together socially, albeit in a covid friendly manner! Our forest school has continued to be very popular, and this fits in perfectly with our ethos of encouraging outdoor play. The same can be said for our wonderful garden.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Income for the year was £70,869, which included £2,285 generated from fundraising, £147 in donations, £7,500 as a one- off discretionary grant from the local council. Costs associated with our charitable activities totalled £51,078, leaving a surplus of £19,791
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held in order to meet unplanned, short-term financial needs and as an emergency redundancy fund. The trustees review this at regular intervals. The redundancy liability is recalculated on an annual basis.
Amount of reserves held	Para 1.22	£12,060
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are no concerns as the charity is in a fantastic financial position.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The main source of on-going funding is in the form of subscriptions received for attending the Pre-school (parent fees) and Local Authority grants for Early Years. There are also a number of fundraising events that happen throughout the year.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution Adopted March 2012
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	By PLA 2011 constitution
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Election by committee members

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name Merry Go Round Preschool and Toddler Group (Stokenham) Other name the charity uses

	Registered charity number 1039722 Charity’s principal address Stokenham Area Primary School Stokenham Kingsbridge TQ7 2SJ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)
RosemaryBeard	Chair	chair from 8/6/2021
Matthew Lethbridge	Treasurer	treasurer from 17/5/2021
Tess Baker	Secretary	secretary from 18/11/2019
Hannah Pearse		20/1/2021
Tamsin Oakley		24/2/2021
RoxyRaymond		24/3/2021

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee narne Dats5 acted rf not for whole ear

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
	Certified public accountant s	Parrott & Parrott Ltd	5F South Hams Business Park, Kingsbridge, Devon, TQ7 3QH



Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

F1 n•rn•l¥) .f.IQLL

Independent examiner's report on the accounts

Section A

Independent Examiner’s Report

Report to the trustees/ members of MERRY GO ROUND PRE-SCHOOL AND TODDLER GROUP (STOKENHAM) On accounts for the year 31[st] August 2021 Charity no 1039722 ended (if any) Set out on pages 1 to 15

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2021 .

As the charity's trustees, you are responsible for the preparation of the accounts in Responsibilities and accordance with the requirements of the Charities Act 2011 (“the Act”). basis of report

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.

Independent examiner's statement

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: Date: 2nd Feburary 2022 Name: Stephen Parrott FCCA Relevant professional Certified Public Accountant qualification(s) or body (if any): Parrott & Parrott Ltd Certified Public Accountants Address: 5F South Hams Business Park Kingsbridge Devon TQ7 3QH

Oct 2018

IER

Section B

Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER

Charity No (if any) Merry Go Round Pre School and Toddler Group ( Stokenham)	1039722
Period start date 01/09/2020 To Period end date 31/08/2021 Recommended categories by activity Details of own analysis Note Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Incoming resources from generated funds - - - - - Voluntary income S01 54,266 - - 54,266 27,909 Activities for generating funds S02 16,602 - - 16,602 13,195 Investment income S03 1 - - 1 16 Incoming resources from charitable activities S04 - - - - - Other incoming resources S05 - - - - - S06 70,869 - - 70,869 41,120 Resources expended (Notes 4-8) Costs of Generating Funds - - - - - Costs of generating voluntary income S07 - - - - - Fundraising trading costs S08 - - - - - Investment management costs S09 - - - - - Charitable activities S10 51,078 - - 51,078 44,397 Governance costs S11 - - - - - Other resources expended S12 - - - - - S13 51,078 - - 51,078 44,397 S14 19,791 - - 19,791 3,277 - S15 - - - - - S16 19,791 - - 19,791 3,277 - *Net incoming/(outgoing) resources before* *transfers* Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources* Section A Statement of financial activities CC17a Annual accounts for the period ~~i~~ =)~~55=5~~
Gains and losses on revaluation of fixed assets
S17 - - - for the charity’s own use	-		-
S18 - - - Gains and losses on investment assets	-		-
S19 19,791 - - *Net movement in funds*	19,791	-	3,277 -
S20 12,185 - - Total funds brought forward	12,185		15,462
S21 31,976 - - *Total funds carried forward*	31,976		12,185

CC17a (Excel)

01/02/2022

Section B Balance sheet

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Restricted| |Unrestricted|income|Endowment|Total this|Total last| |funds|funds|funds|year|year| |£|£|£|£|£| |Fixed assets|F01|F02|F03|F04|F05| |Tangible assets (Note 9)|B01|-|-|-|-|-| |B02|-|-|-|-|-| |Investments (Note 10)|B03|- - - -|-| |Total fixed assets|B04|-|-|-|-|-| |—————| |Current assets| |Stock and work in progress|B05|-|-|-|-|-| |Debtors (Note 11)|B06|1,222 - - 1,222|1,028| |(Short term) investments|B07|-|-|-|-|-| |Cash at bank and in hand|B08|33,713|-|-|33,713|13,287| |Total current assets|B09|e|34,935|-|-|e|34,935|14,315| |Creditors: amounts falling due within| |one year (Note 12)|B10|2,959 - - 2,959|2,130| |Net current assets/(liabilities)|B11|———|31,976|-|-|31,976|12,185| |Total assets less current liabilities|B12|31,976|-|-|31,976|12,185| |Creditors: amounts falling due after| |one year (Note 12)|B13|- - - -|-| |Provisions for liabilities and charges|B14|- - - -|-| |Net assets|B15|===|31,976|-|-|31,976|12,185| |Funds of the Charity| |Unrestricted funds|B16|-|-|-| |B17|31,976|31,976|12,185| |Restricted income funds (Note 13)|B18|-|-|-| |Endowment funds (Note 13)|B19|- -|-| |Total funds|B20|=|31,976|-|-|31,976|12,185| |Signed by one or two trustees on behalf of all|Date of| |Signature|Print Name| |the trustees|approval| |R Beard| |M Lethbridge21 Mar 2022| |————|

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CC17a (Excel)

01/02/2022

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Give details in this box of any material changes that have been made.

§§ if no changes have been made to accounts for previous periods then delete these words.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
	material_._The value placed on these resources is the estimated value to the charity of the
	service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	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.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	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.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500.
by charity	They are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower of cost or market value.
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Activities for generating funds
Investment income
Incoming resources from
charitable activities
Voluntary income

This year
Last year
£
£
Donations and Gifts
147 2,500
General Grants provided by Government/other
Charities
46,619
20,515
HMRC JRS
- 2,394
SHDC Coronavirus Grant
7,500 2,500
- -
Total 54,266 27,909
Fees from parents
14,024 7,652
Fundraising
2,285 5,126
Snack Donations
294 129
Toddler Group
288
- -
Total
16,602
13,195
Bank Interest
1 16
- -
- -
- -
- -
Total
1 16
- -
- -
- -
- -
- -
Total
- -
Analysis

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.

Investment
management costs
Costs of generating
voluntary income
Fundraising trading
costs
Governance costs
Charitable activities

This year
Last year
£
£
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
39,858 35,342
3,599 2,712
1,702 1,038
1,562 1,381
205 280
- 60
524 463
1,076 983
571 688
165 250
95 191
Sundry costs
490 128
933 431
- 386
297 64
- -
51,078 44,397
- -
- -
- -
- -
Accountancy
Payroll Processing
Bank Charges
Direct Costs
Training
Total
Analysis
Total
Total
Staff Costs
Premises costs
Repairs & maintenance
Cleaning
Insurance
Print, Post & stationery
Advertising
Subscriptions
Telephone
Total
Total

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

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Fundraising activity Charitable Activity Governance Activity Total Cost
Support cost type £ £ £ £
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -
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Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

			This year			Last year
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid		£			£
6.2 Fees for examination or audit of the accounts
*Please provide details of the amount paid for any statutory external scrutiny of accounts and other*
*services provided by your independent examiner or auditor. If*	*nothing was paid*			*please enter NONE in*
*the appropriate box(es).*
			This year			Last year
			£			£
Independent examiner’s or auditors' fees for reporting on the
accounts
Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

7.1 Staff Costs
					This year £			Last year £
Gross wages, salaries and benefits in	kind					39,354		34,943
Employer’s National Insurance costs							-	-
Pension costs							503	399
			Total staff costs			39,858		35,342

7.2 Average number of full-time equivalent employees in the year					This year Number			Last year Number
The parts of the charity in which the		Fundraising					-	-
employees work		Charitable Activities					5	5
		Governance					-	-
		Other					-	-
				Total			5	5

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme Nest Pension Scheme

The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end The costs of the scheme to the charity for the year	This year Last year £ £ 503 399 0 98

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

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Grants to Grants to
institutions individuals
Purpose for which grants made Total amount £ Total amount £
- -
- -
- -
- [ - ]
- [ - ]
- [ - ]
Total - -
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8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

*institutions supported.*
Names of institutions *Total grants to institutions* Purpose	Total amount of grants paid £ - - - - - - - - - -
	-

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

		Freehold land	Freehold land		Other land &	Plant,	Fixtures,	Payments on	Payments on	Total
		& buildings			buildings	machinery	fittings and	account and
						and motor	equipment	assets under
						vehicles		construction
		£			£	£	£		£	£
Balance brought			-		-	-	7,569		-	7,569
forward
Additions			-		-	-	-		-	-
Revaluations			-		-	-	-		-	-
Disposals			-		-	-	-		-	-
Transfers *			-		-	-	-		-	-
Balance carried			-		-	-	7,569		-	7,569
forward
9.2 Accumulated depreciation and				impairment provisions
	**Basis	SL or RB			SL or RB	SL or RB	SL or RB	SL	or RB
	** Rate						20% - 33%

Balance brought			-		-	-	7,569		-	7,569
forward
Depreciation charge			-		-	-	-		-	-
for year
Impairment provisions			-		-	-	-		-	-
Revaluations			-		-	-	-		-	-
Disposals			-		-	-	-		-	-
Transfers*			-		-	-	-		-	-
Balance carried			-		-	-	7,569		-	7,569
forward
9.3 Net book	value
Brought forward			-		-	-	-		-	-
Carried forward			-		-	-	-		-	-

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£ - - - -
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments		10.2		10.3	10.3
		Market value at		Income from
		year end		investments for
				the year
		£			£
Investment properties			-		-
Investments listed on a recognised stock exchange or held in common			-		-
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies			-		-
Securities not listed on a recognised Stock Exchange			-		-
Cash held as part of the investment portfolio			-		-
Other investments			-		-
	Total		-		-

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors		Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
		This year	Last year	This year	Last year
		£	£	£	£
Trade debtors		275	143	-	-
Amounts due from subsidiary and associated
undertakings		-	-	-	-
Other debtors		-	-	-	-
Prepayments and accrued income		947	885	-	-
	Total	1,222	1,028	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

		Amounts	falling due	Amounts falling due after	Amounts falling due after
		within one year		more than one year
		This year	Last year	This year	Last year
		£	£	£	£
Loans and overdrafts		-	-	-	-
Trade creditors		1,048	333	-	-
Amounts due to subsidiary and associated
undertakings		-	-	-	-
Other creditors		411	297	-	-
Accruals and deferred income		1,500	1,500	-	-
	Total	2,959	2,130	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Fund	Name	Type PE, EE or R	Purpose and Restrictions

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

				Fund							Fund
				balances							balances
				brought		Incoming	Outgoing		Gains and		carried
				forward		resources	resources	Transfers	losses		forward
Fund	names			£		£	£	£		£	£
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
		Total	Funds		-	-	-	-		-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg order,
Name of trustee or connected party
governing document) This year Last year
£ £
----- End of picture text -----

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and related parties Due from trustees and related parties	Name of trustee or connected party Legal authority	This year Last year £ £ Amount owing

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee	Relationship to	Description of the	This year	Last year
or related party	charity	transaction(s)	£	£

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

01/02/2022

Issuer

Issuer Parrott and Parrott Ltd Document generated Tue, 1st Feb 2022 12:36:21 UTC Document fingerprint 1cc9013c1618fedc4404c5ba57391449

Parties involved with this document

Document processed

Party + Fingerprint

Mon, 21st Mar 2022 7:57:50 UTC Matthew Lethbridge - Signer (a7dbf4e5c1f3ea5c1af5844014eb3dd1) Audit history log Date Action Mon, 21st Mar 2022 7:57:50 UTC The envelope has been signed by all parties. (82.152.218.248) Mon, 21st Mar 2022 7:57:50 UTC Matthew Lethbridge signed the envelope. (82.152.218.248) Mon, 21st Mar 2022 7:56:58 UTC Matthew Lethbridge viewed the envelope. (82.152.218.248) Sun, 20th Mar 2022 6:21:03 UTC Matthew Lethbridge viewed the envelope. (82.152.218.248) Sun, 20th Mar 2022 6:15:52 UTC Matthew Lethbridge viewed the envelope. (82.152.218.248) Tue, 1st Feb 2022 12:46:58 UTC Matthew Lethbridge viewed the envelope. (91.84.111.8) Tue, 1st Feb 2022 12:45:43 UTC Matthew Lethbridge viewed the envelope. (91.84.111.8) Tue, 1st Feb 2022 12:43:57 UTC Matthew Lethbridge viewed the envelope. (91.84.111.8) Tue, 1st Feb 2022 12:39:30 UTC Document emailed to party email (3.8.31.224) Tue, 1st Feb 2022 12:39:30 UTC Sent the envelope to Matthew Lethbridge for signing. (217.41.54.233) Tue, 1st Feb 2022 12:38:19 UTC Matthew Lethbridge has been assigned to this envelope (217.41.54.233) Tue, 1st Feb 2022 12:36:42 UTC Document generated with fingerprint 1cc9013c1618fedc4404c5ba57391449 (217.41.54.233) Tue, 1st Feb 2022 12:36:21 UTC Envelope generated by Parrott & Parrott Ltd (217.41.54.233)

Independent examiner's report on the accounts

Section A

Independent Examiner’s Report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2021 .

Independent examiner's statement

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.

Oct 2018

IER

Section B

Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER

Charity No (if any) Merry Go Round Pre School and Toddler Group ( Stokenham)	1039722
Period start date 01/09/2020 To Period end date 31/08/2021 Recommended categories by activity Details of own analysis Note Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Incoming resources from generated funds - - - - - Voluntary income S01 54,266 - - 54,266 27,909 Activities for generating funds S02 16,602 - - 16,602 13,195 Investment income S03 1 - - 1 16 Incoming resources from charitable activities S04 - - - - - Other incoming resources S05 - - - - - S06 70,869 - - 70,869 41,120 Resources expended (Notes 4-8) Costs of Generating Funds - - - - - Costs of generating voluntary income S07 - - - - - Fundraising trading costs S08 - - - - - Investment management costs S09 - - - - - Charitable activities S10 51,078 - - 51,078 44,397 Governance costs S11 - - - - - Other resources expended S12 - - - - - S13 51,078 - - 51,078 44,397 S14 19,791 - - 19,791 3,277 - S15 - - - - - S16 19,791 - - 19,791 3,277 - *Net incoming/(outgoing) resources before* *transfers* Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources* Section A Statement of financial activities CC17a Annual accounts for the period ~~i~~ =)~~55=5~~
Gains and losses on revaluation of fixed assets
S17 - - - for the charity’s own use	-		-
S18 - - - Gains and losses on investment assets	-		-
S19 19,791 - - *Net movement in funds*	19,791	-	3,277 -
S20 12,185 - - Total funds brought forward	12,185		15,462
S21 31,976 - - *Total funds carried forward*	31,976		12,185

CC17a (Excel)

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Section B Balance sheet

----- End of picture text -----

CC17a (Excel)

01/02/2022

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Give details in this box of any material changes that have been made.

§§ if no changes have been made to accounts for previous periods then delete these words.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
	material_._The value placed on these resources is the estimated value to the charity of the
	service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	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.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	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.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500.
by charity	They are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower of cost or market value.
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Activities for generating funds
Investment income
Incoming resources from
charitable activities
Voluntary income

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.

Investment
management costs
Costs of generating
voluntary income
Fundraising trading
costs
Governance costs
Charitable activities

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

			This year			Last year
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid		£			£
6.2 Fees for examination or audit of the accounts
*Please provide details of the amount paid for any statutory external scrutiny of accounts and other*
*services provided by your independent examiner or auditor. If*	*nothing was paid*			*please enter NONE in*
*the appropriate box(es).*
			This year			Last year
			£			£
Independent examiner’s or auditors' fees for reporting on the
accounts
Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

7.1 Staff Costs
					This year £			Last year £
Gross wages, salaries and benefits in	kind					39,354		34,943
Employer’s National Insurance costs							-	-
Pension costs							503	399
			Total staff costs			39,858		35,342

7.2 Average number of full-time equivalent employees in the year					This year Number			Last year Number
The parts of the charity in which the		Fundraising					-	-
employees work		Charitable Activities					5	5
		Governance					-	-
		Other					-	-
				Total			5	5

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme Nest Pension Scheme

The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end The costs of the scheme to the charity for the year	This year Last year £ £ 503 399 0 98

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

8.1 Grantmaking costs

Support costs of grantmaking

8.3 Grants made to institutions

*institutions supported.*
Names of institutions *Total grants to institutions* Purpose	Total amount of grants paid £ - - - - - - - - - -
	-

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

		Freehold land	Freehold land		Other land &	Plant,	Fixtures,	Payments on	Payments on	Total
		& buildings			buildings	machinery	fittings and	account and
						and motor	equipment	assets under
						vehicles		construction
		£			£	£	£		£	£
Balance brought			-		-	-	7,569		-	7,569
forward
Additions			-		-	-	-		-	-
Revaluations			-		-	-	-		-	-
Disposals			-		-	-	-		-	-
Transfers *			-		-	-	-		-	-
Balance carried			-		-	-	7,569		-	7,569
forward
9.2 Accumulated depreciation and				impairment provisions
	**Basis	SL or RB			SL or RB	SL or RB	SL or RB	SL	or RB
	** Rate						20% - 33%

Balance brought			-		-	-	7,569		-	7,569
forward
Depreciation charge			-		-	-	-		-	-
for year
Impairment provisions			-		-	-	-		-	-
Revaluations			-		-	-	-		-	-
Disposals			-		-	-	-		-	-
Transfers*			-		-	-	-		-	-
Balance carried			-		-	-	7,569		-	7,569
forward
9.3 Net book	value
Brought forward			-		-	-	-		-	-
Carried forward			-		-	-	-		-	-

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£ - - - -
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments		10.2		10.3	10.3
		Market value at		Income from
		year end		investments for
				the year
		£			£
Investment properties			-		-
Investments listed on a recognised stock exchange or held in common			-		-
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies			-		-
Securities not listed on a recognised Stock Exchange			-		-
Cash held as part of the investment portfolio			-		-
Other investments			-		-
	Total		-		-

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors		Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
		This year	Last year	This year	Last year
		£	£	£	£
Trade debtors		275	143	-	-
Amounts due from subsidiary and associated
undertakings		-	-	-	-
Other debtors		-	-	-	-
Prepayments and accrued income		947	885	-	-
	Total	1,222	1,028	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

		Amounts	falling due	Amounts falling due after	Amounts falling due after
		within one year		more than one year
		This year	Last year	This year	Last year
		£	£	£	£
Loans and overdrafts		-	-	-	-
Trade creditors		1,048	333	-	-
Amounts due to subsidiary and associated
undertakings		-	-	-	-
Other creditors		411	297	-	-
Accruals and deferred income		1,500	1,500	-	-
	Total	2,959	2,130	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Fund	Name	Type PE, EE or R	Purpose and Restrictions

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

				Fund							Fund
				balances							balances
				brought		Incoming	Outgoing		Gains and		carried
				forward		resources	resources	Transfers	losses		forward
Fund	names			£		£	£	£		£	£
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
		Total	Funds		-	-	-	-		-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and related parties Due from trustees and related parties	Name of trustee or connected party Legal authority	This year Last year £ £ Amount owing

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee	Relationship to	Description of the	This year	Last year
or related party	charity	transaction(s)	£	£

CC17a (Excel)

01/02/2022

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

CC17a (Excel)

01/02/2022

Issuer

Issuer Parrott and Parrott Ltd Document generated Tue, 1st Feb 2022 12:36:21 UTC Document fingerprint 1cc9013c1618fedc4404c5ba57391449