Trustees' Annual Report for the period
Period start date Period end date 01 09 2023 31 08 2024
From
To
Section A Reference and administration details
Charity name Merry Go Round Preschool and Toddler Group (Stokenham)
Other names charity is known by
| Registered charity number (if any) 1039722 Charity's principal address Stokenham Area Primary School, Stokenham Kingsbridge Postcode TQ7 2SJ ~~ee~~ |
Registered charity number (if any) 1039722 Charity's principal address Stokenham Area Primary School, Stokenham Kingsbridge Postcode TQ7 2SJ ~~ee~~ |
Registered charity number (if any) 1039722 Charity's principal address Stokenham Area Primary School, Stokenham Kingsbridge Postcode TQ7 2SJ ~~ee~~ |
Registered charity number (if any) 1039722 Charity's principal address Stokenham Area Primary School, Stokenham Kingsbridge Postcode TQ7 2SJ ~~ee~~ |
Registered charity number (if any) 1039722 Charity's principal address Stokenham Area Primary School, Stokenham Kingsbridge Postcode TQ7 2SJ ~~ee~~ |
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| 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 (ifany) |
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| 1 | Hannah Watt | Chair | |||
| 2 | Hannah Pearse | Treasurer | |||
| 3 | Beth Compton | Secretary | |||
| 4 | Helena Osborne | ||||
| 6 | Jo Waldock | ||||
| 7 | RoxyRaymond | ||||
| 8 | |||||
| 9 | |||||
| 10 | |||||
| 11 | |||||
| 12 | |||||
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| 14 15 16 17 18 19 20 |
Names of the trustees for the charity, if any, (for example, any custodian trustees) ~~=== ==~~ |
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| Name | Dates acted if not for whole year |
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Names and addresses of advisers (Optional information) Type of adviser Name Address
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Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution Adopted March 2012
- (eg. trust deed, constitution)
By PLA 2011 constitution How the charity is constituted
(eg. trust, association, company) Election/re-election by committee members at the AGM Trustee selection methods
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
All committee members are Ofsted DBS checked
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
The main aim of the charity is to care for children under statutory school age with a focus on having fun, learning through play, and developing positive wellbeing.
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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 - focus on the emotional wellbeing of the children to maximise their development Celebrate individuality - engage every child in ways that are appropriate and meaningful to them Summary of the main activities undertaken for the Encourage play-based learning - support healthy brain development, public benefit in relation to curiosity, exploration and confidence these objects (include within this section the statutory Foster a family-like atmosphere - encourage relationships, kindness, declaration that trustees have empathy and compassion had regard to the guidance issued by the Charity Provide regular opportunities for learning in the outdoors – regular Commission on public beach trips and outings, as well as daily use of the preschool’s natural benefit) outdoor space
Encourage involvement in the wider local community - visit other groups within the community, regular fundraisers, organised beach cleans and other community events.
In agreeing the above objectives the charity trustees gave careful consideration to the Charity Commission’s public benefit guidance. The preschool is registered with the local LEA and receives funding for applicable children.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
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Section D Achievements and performance Merry Go Round preschool had a great year in 2023-2024. Attendance Summary of the main and new sign-ups continues to be high. Our strong ethos and the style of achievements of the charity the setting has meant that the preschool has been a popular choice for during the year new parents, with many placing their children on a waiting list for future spaces at the setting. Our fundraising activities included another successful Bingo night. This has enabled us to invest in new toys and resources for the preschool as well as an additional secure shed to keep cleaning and other chemical products in away from the main setting.
Section E Financial review
Reserves are held to meet unplanned, short-term financial needs and as Brief statement of the an emergency redundancy fund. The trustees review this at regular charity’s policy on reserves intervals. The redundancy liability is recalculated on an annual basis. Details of any funds materially in deficit Further financial review details (Optional information)
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The main source of on-going funding is in the form of subscriptions
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You may choose to include received for attending the Pre-school (parent fees) and Local Authority
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additional information, where grants for Early Years childcare. There are also a number of fundraising
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relevant about: events that happen throughout the year.
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the charity’s principal sources of funds (including Income for the year was £90,591 any fundraising);
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how expenditure has Costs associated with our charitable activities totalled £80,144 leaving a surplus of £10,447 for the year.
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supported the key objectives of the charity;
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investment policy and There are no concerns as the charity is in a good financial position. objectives including any ethical investment policy adopted.
Section F Other optional information
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Section G Declaration
The trustees declare that they have approved the trustees’ report above.
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Registered numbcr.. 01039722 MERRY GO ROUND PRE SCHOOL & TODDLER GROUP DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 VINCENT&CO flXNfA•KY rtND TwaT%)N 5tAVIC15 Vinctnl & Co Accounlants Ltd CertLfied Publ]¢ .4c¢ounthni 37 Shipha!" Lanc 'loiquay tki"o TQ2 7DU
Merry Go Round Pre School & Toddler Group Contents Page CompanN Tnfomation Direcior's Repo AccounLint's Report Incomc and Expcnditurc Account Balance Sheet Notes to the l.-illancial SLqiements 'l-he following page5 do not form part of the 51alutorv accoun15". Detailed Income and Expenditure Account
Merry Go Round Pre School & Toddler Group Company Information For The Year Ended 31 Allgllst 2024 Compani. Number 01039722 Registered Offi¢e Hannah Pearse Stokeham.4rea Prirnar). School Kingsbridg¢ tki.on TQ7 2SJ ActouDtant5 Vincent & C'o Accountants Ltd Certified PublL¢ A¢¢ounthni 37 Shipha!. Lane Torquay tki"o TQ2 71)U Page I
Merry Go Round Pre School & Toddler Group Companv No. 01039722 Director's Report For The Year Ended 31 August 2024 Thc director presents his report and thL flnancial slatemcnts for the l.ear ended 31 Augusi 2024. Directors I'he director M'ho held office during the vear w'ere as follows". Statement of Director's Responsibilities Thc director is responsible for preparing thc Director's Rewbn and the finaThcial sthicments in accordance M."ith applicablc law and regulations. Companv la rcquires the director to prepare financial statcments for cach financial i&gr. Under that law thc dircaor has ele£tcd to preparc thc financial Statements in accoTdance with United Kingdom G¢neTalli" Accepied Accounting Ptactice (Uniied kingdom Accounting Standards and applicable laivl. Uiidei compani laTh' the diTe¢ior mus¢ noi appTove the financial stsiemenls unless ihei #1¢ Salisfied thai thei gii"e a ¢ru¢ and fair Vie ofihe Svdie of affairs ofihe companN' and of thc surpllls or dcfjcit of the company for that r](M1_ In prcparing thc financial stsicments thc director is required to.. sclcci sllitablc ac¥ollnting policics and thcn appli. thcm conSiclI!. make judgrnents and accounting eslitnaies ihai are r¢a50nable and PTudent- PTepare the financial siaiements on the going ¢on¢em basLS unless il is Inappropria io presume thai the Company will Coniinue in business. I'he director is re5rx)nsible for keeping adequate accounting records that are sufficient to Sho and eiplain the company's tran5actl0115 and disclose with reasonable a¢¢uTa¢} ai any lime ihe financial posilii)n of th¢ ¢otnpaTr!" athd enable ihem 10 ensuie ihai ihe financial statements Compl J wilh Ihe Companies Aci 2006. Hc is al%0 rcsponsiblc tor safLguarding ihc asscis of thi compan). and hcnec for tsking reasonable stLPS tor ihc preCni]0n and diliction of fraud and other irregularities I'lie director is re5ponsibl¢ for the maintenance and itllegriti" of the corporate and fUnCIal infortnation included on the company's website. Legislation in tlie Uniied Kingdom geMing Ihe preparaiion and dissemination offithancial stsiements mafv differ from legislaiion in other Jurisdiciions. Smll Comp#tt)' Rult$ This repon has been prepar¢d in accordan¢e wilh ihe slI] provisions relating to ¢ompanies subjeci io ihe small companies regime within Pari 15 Ol'the C'ompanies Act 2006 BN order of ihe board Dale Page 2
Merry Go Round Pre School & Toddler Group Aceountant's Report For The Year Ended 31 August 2024 In accordance wilh ihe engagemeni leiter daied. artd ith order 10 assisi vou io fulfil l'our duties under ihe CompaThi¢s.4¢12(K)6, w'e hal'e compiled Ihe finatJ¢ial statemcnts of thc company from thc accounting rccords and infomiation and explanations i'ou havc gi%'en io us. This repon Is made 10 Ihe direcioT In a¢cordartLe Iih the iemis ofour engagement. Our ii.otk h&$ been undertaken io prepaTe foi approval by the direcior ihe financial statcmcnts that havc ¢n cngagLd io eompilc. io rcrM)rt io the director thai i¥c hai'e donc so. and io siaic those matters that M'c havc agrecd to State to them in this report and foi no other purpose."lo the fijllest ei1ent m]itted b). laii". ¢ do not accept 01 a55ume iesponsibilit5' to an}one other thaji the Coimpan! and Ihe Company's diTe¢ior foi our iyork or for ihis retK)rf. You have a¢knoM'ledged ort ihe balance sheet as ai ye¥T ertded 31 Augusi 2014 your dutN to ensure ihat the LompanN' has k.epi proper a¢¢ourtling records and lo prcparc financ1 statcmcllts that give a true and fair vicii undLr the Companics..Ici 21)06. You consider that the Compan is cxcmpi from thc statutorv requirement for an audit for the N'ear. We have not been instructed to carry out an audit of the financial statements. For this tea50n, li"¢ have not Treiified ihe accuiacj OT completetless of the accouniing records or Infomaiion and explanaiions l'ou hal'e given to us and M"e do noL therefoie. express any opinion ott ihe financial sthiemenis. Signed Date Vincent & Co Accountallt5 Ltd C.eriified Public A¢couniani 37 Shiphay Lanc -lorquaJ' Devun TQ2 7DU Page 3
Merry Go Round Pre School & Toddler Group Income and Expenditure Account For The Year Ended 31 Allgllst 2024 2024 2023 TIIRNOI'ER ),091 12.0781 89,364 11,8681 Cosi of salcs GRO&S SIIRPI.IIS 88.013 87,496 AdministTaiive expense5 Oiher operaiing income {78,(kn) 500 166,6541 OPERATING SLIRPLiIS 10,447 402 20,842 122 ()thcr intcrcsl rcccivablc and similar income SLRPLLIS TrOR"fHE TrIN.4NCIAL I'EAR 10.849 20.964 -l-he notes on pages 6 to 7 form part of these financial statements. Page 4
Merry Go Round Pre School & Toddler Group Balance Sheet As At 31 August 2024 2024 2023 Notes FIXED A&SET CIJRREiYT ASSETS Debt015 2.361 2.372 Cash ai bank and in hand 69_328 71.918 71.689 74,290 C.reditor$: Amount$ Falling Due W'ithitt One Itar 11.9721 12.943) NET CI:RRENT A&SETS (LIABILITIES) 69,717 71,347 "I"O'I'AL ASSL I'S LLSS CIIRRLIYT LIABILITIES 69,717 71,347 NET ASSETS 69.717 71.347 Incomc and Expenditurc Account 69.717 71.347 MEMBERS, FtINDS 69.717 71,347 For the year ending 31 August 2024 the companv m.as eniiiled 10 exempiion from audii under seciion 477 of the Companies Aci 2006 relaiing 10 small companics. The member has noi required the compan). io obthin an audii ith ac¢ordan¢e "11h seciion 476 of the Companies Aci 2006. The director a¢kno1]edgeS his responsibiliiies for compli Ing li ith the requiremethts of the Aci M ith rtspeci io a¢couniirtg records and ihe preparaiion or accounts. I'hese accounts have been prepared in accordance "ith the provisions applicable to companies sllbject to the sn]all companies, regime. On bchalf of the board Daic Thc notes on pagcs 6 to 7 form pan of thcse [ancial statcmcDts_ Page 5
Merry Go Round Pre School & Toddler Group Notes to the Financial Stalements For The Year Ended 31 August 2024 l. General Infom#tion Metry Go Round Pre School & Toddler Group L5 a private compan!", limited b)" guarantce. illCOTWbtated in England & Wale5, registered nutnber 01039722. The registered offrice is Hannah Pearse, Siokeham Artrd Primary Schi)ol. Kingsbridge. Dei'on, TQ7 2SJ. 2. Actounting Politits 2.1. Basis of Prepar*tioD of Finantial Ststemtnts The firtan¢ial siaiemenLS have been prepared under the historical ¢osi conveniion athd in aL¢ordan¢e "1th Financial Rew)fling Siandard 102 section IA Small Entiiics "The Financial Reporting Stsndard applicablc in the UK and Republic of IrclaThd" and thc Companies Act 2(K)6. 2.2. Turnover TurnoveT j5 measured at the fair value of the coJ]5ideraiion received or receiiable. tlet of discoun15 and value added tsxes. I"uinovei includes Tevellue eaTn¢d from the Sale of goods and from th¢ i¢nd¢iin? of 5eTr"ice5. Tutnoi"ei L5 reduc¢d for ¢s1imated cu5tom¢r Ittutt15, t¢bates and other similai alloManc¢s. Sale of goods Turnoer from ihe sale of goods is re¢o4nised i%h¢n Ihe sigrtifi¢ant risks and reardS ofoMm¢rship of ihe goods has iransferred Ihe bu)'er. This Is usuallN' ai thc Frf)int that the customer has signed for the deliTrery' of thc qoods. Rendering of service5 Turnover from ihe nd¢ritIg of services is re¢ogthised bTr teference io ihe sthge ofcompletLOrt ofthe ¢onirnci The stage of ¢ompleiion of a ¢onira¢i is measured b! comparing the costs incurrcd tor M'ork pcrfornicd io dale io ihc iotal estimated contraci costs. Tllrnovcr is onl!, recogniscd to the elttcnt of recoTretable expense5 hen the oiitcome of a contract cannot be estimated ieliabli". 2.3. TaTJgiblt Fixtd,I55tts aDd Dtprtciatio Tangible fixed assets aTe measured ai ¢osi less a¢¢umulaied depre¢iaiion and atn. ac¢umulaied Jmpairnient losses. Depre¢iation is provided al raies calculatcd io ivriic off rhL cosi of ihc tiycd assLts. liss ihcir istimaiid rLsidual i'alui. oier their ieted U£1 li%'es on the folloiving ba%cs.' 3. Avtragc Nurnbcr of Ernployets Average number of employees: Including direciors, dvnrtg ihe ?'ear w"as". i12023.. 4) 4. Txngiblt Assets P1411t & Maehinery C05t As at I September 2023 7.569 As at 31 August 2024 7.569 Depreciatio As at I S¢pt¢mbtT 2023 As ai 31 Augusi 2024 7.569 Net Book Value As at 31 August 2024 As at I September 2023 f. Debtors 2024 2023 Due 1th1th one ve4r 'Irade debtors 512 Prepaymenis and accrued in¢ome Net wage5 1.244 984 876 2,361 2.372 Page 6
Merry Go Round Pre School & Toddler Group Notes to the Financial Statements (continued) For The Year Ended 31 Allgllst 2024 6. C.rtditors: .4mount$ F4lling Due IVithin Otte I'e*r 2024 2023 Tradc creditors 297 Other taxes and Social Security ()thcr crcditors 491 595 151 AccTua15 and def¢ed incottle 1,350 1,9)0 1.972 2.943 7. Company limited b). guarantee l-he compan5, is limited b}. guardniee and has no share capital. Everv member of the company undertakes to contribute to the a5se15 of the company, itl the event of a winding up, such an amount as be Tequired not exLe¢ding £1. Page 7
Merry Go Round Pre School & Toddler Group Detailed Income and Expenditure Account For The Year Ended 31 Allgllst 2024 2024 2023 TIIRNOI'ER DCC Funded I lours 67.626 74.440 Sclf fundcd hours 20.310 12.452 l.undraising Snalk donaiions 1,821 334 2,285 142 Dollations 45 9),091 89,364 C:OST OF SALES SubcollttactOT COSt5 238 260 ()thcr dircct costs 1.840 1.608 12.0781 11.8681 GROSS SIIRPLIIS 88,013 87,496 .4dmitti$tr#tii'e F.xpense$ Wages and salaries F.mploNers pensions- defined ¢ontyibulions scheme Staff training Siatrettiertaining Rellt 59.624 775 320 160 632 200 2.550 l.ight and heat Repairs and Inaintellance Cleaning It]surance 1.710 1.873 7.082 2,938 81 157 1.873 1,998 413 Printing. px)siage and stationeTh' Advertising and marketing costs Tele¢ommuni¢aiions 346 30 640 581 AccollntancN' fces 1_190 918 Legal f¢e5 Consult%mci, fees 59 -f85 SubsLriptions Payroll fccs Bank charg¢5 Bad debts M'rittcn off 363 451 545 545 6) 72 Sundry expens¢5 71 216 (78.(K)61 166,6541 Other Operaling Income Granis and subsidies reLeived iOO 500 OPERATING SURPLUS 10,447 20,842 Other interest reteivablt and similar intomt Bank int¢r¢st t¢c¢ivable 402 122 402 122 SLRPI.US FOR THF. FIN.4NC.I.41. I'EAR 10.849 20,964 Page 8
CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustees MERRY GO ROUND PRE-SCHOOL AND TODDLERS GROUP (STOKENHAM) On accounts for the year ended 31 ST AUGUST 2024 Charity no (if any) 1039722 Set out on pages 1T015 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report 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. Independent tThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] rf not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") 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 enab roper u derstanding of the accounts to be reached. s in the brackets rf they do not apply. Please d Signed: Date: TH 30 JUNE 2025 Name: STEPHEN VINCENT Relevant professional CERTIFIED PUBLIC ACCOUNTANT IER Oct 2018
qualification{s) or body {if any): Address: 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. IER Oct 2018