**To**
## **Trustees' Annual Report for the period**
Period start date Period end date 01 09 2024 31 08 2025
**From**
## Section A Reference and administration details
|**Charity name**
**Other names charity is known by**
**Registered charity number (if any)**
**Charity's principal address**|Merry Go Round Preschool and Toddler Group (Stokenham)|Merry Go Round Preschool and Toddler Group (Stokenham)|
|---|---|---|
||||
||||
||1039722||
||
Stokenham Area Primary School,||
||Stokenham||
||Kingsbridge||
||**Postcode**|TQ7 2SJ|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Hannah Watt|Chair|||
||Hannah Pearse|Treasurer|||
||Beth Compton|Secretary|||
||Helena Osborne||||
||Jo Waldock||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **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**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution Adopted March 2012 Type of governing document
- (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
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- 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.
March **2012**
**TAR**
2
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:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
March **2012**
**TAR**
3
|Section D|Achievements andperformance|
|---|---|
|**Summary of the main**
**achievements of the charity**
**during the year**|Merry Go Round preschool had a great year in 2024-2025. Attendance
and new sign-ups continues to be high. Our strong ethos and the style of
the setting has meant that the preschool has been a popular choice for
new parents, with many placing their children on a waiting list for future
spaces at the setting.
Following a proposal from the Stokenham Area Primary School to take
over the running of Merry Go Round Preschool, an EGM was held on 10th
January 2025. The chair walked through the proposal with members and
a vote was held resulting in the unanimous decision to hand over the
running of the preschool to the local Primary School.|
|||
|**Section E Financial review**||
|**Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially**
**in deficit**
**Further financial review details**
You**may choose**to include
additional information, where
relevant about:
•
the charity’s principal
sources of funds (including
any fundraising);
•
how expenditure has
supported the key objectives
of the charity;
•
investment policy and
objectives including any
ethical investment policy
adopted.||
||Reserves are held 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.|
|||
||**(Optional information)**|
||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 childcare. There are also a number of fundraising
events that happen throughout the year.
Income for the year was £53,960
Costs associated with our charitable activities totalled £41,361 leaving a
surplus of £10,020 for the year.
There are no concerns as the charity is in a good financial position.
From 1stApril 2025, the preschool was being run by the Stokenham Area
Primary School. Remaining funds will be transferred to the Stokenham
Area Primary School PTFA for the sole use of Merry Go Round
Preschool.|
## **Section F Other optional information**
March **2012**
**TAR**
4
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
March **2012**
**TAR**
5
Registered number: 01039722
**MERRY GO ROUND PRE SCHOOL & TODDLER GROUP DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **Merry Go Round Pre School & Toddler Group Contents**
||**Page**|
|---|---|
|Company Information|1|
|Director's Report|2|
|Accountant's Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|8|
## **Merry Go Round Pre School & Toddler Group Company Information For The Year Ended 31 August 2025**
|**Company Number**|01039722|
|---|---|
|**Registered Office**|Hannah Pearse|
||Stokeham Area Primary School|
||Kingsbridge|
||Devon|
||TQ7 2SJ|
|**Accountants**|Saxton Vincent Ltd|
||AAT Licensed Accountants|
||37 Shiphay Lane|
||Torquay|
||Devon|
||TQ2 7DU|
Page 1
## **Merry Go Round Pre School & Toddler Group Company No. 01039722 Director's Report For The Year Ended 31 August 2025**
The director presents his report and the financial statements for the year ended 31 August 2025.
## **Directors**
The director who held office during the year were as follows:
## **Statement of Director's Responsibilities**
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
By order of the board
30/05/2025
Page 2
## **Merry Go Round Pre School & Toddler Group Accountant's Report For The Year Ended 31 August 2025**
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 August 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
30/05/2025
Saxton Vincent Ltd AAT Licensed Accountants 37 Shiphay Lane Torquay Devon TQ2 7DU
Page 3
## **Merry Go Round Pre School & Toddler Group Income and Expenditure Account For The Year Ended 31 August 2025**
|**Notes**
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Administrative expenses
Other operating income
**OPERATING SURPLUS**
Other interest receivable and similar income
**SURPLUS FOR THE FINANCIAL YEAR**|**2025**
**£**
53,960
(2,986)
50,974
(41,361)
-
9,613
407
10,020|**2024**
**£**
90,091
(2,078)|
|---|---|---|
|||88,013
(78,066)
500|
|||10,447
402|
|||10,849|
The 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 2025**
|**Notes**
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors
**5**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**6**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2025**
**£**
**£**
-
80,715
80,715
(978)
79,737
79,737
79,737
79,737
79,737|**2025**
**£**
**£**
-
80,715
80,715
(978)
79,737
79,737
79,737
79,737
79,737|**2024**
**£**
**£**
2,361
69,328
71,689
(1,972)
69,717
69,717
69,717
69,717
69,717|**2024**
**£**
**£**
2,361
69,328
71,689
(1,972)
69,717
69,717
69,717
69,717
69,717|
|---|---|---|---|---|
|||79,737||69,717|
||80,715
(978)||71,689
(1,972)||
||||||
|||79,737||69,717|
|||79,737||69,717|
|||79,737||69,717|
|||79,737||69,717|
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
30/05/2025
The notes on pages 6 to 7 form part of these financial statements.
Page 5
## **Merry Go Round Pre School & Toddler Group Notes to the Financial Statements For The Year Ended 31 August 2025**
## 1. **General Information**
Merry Go Round Pre School & Toddler Group is a private company, limited by guarantee, incorporated in England & Wales, registered number 01039722. The registered office is Hannah Pearse, Stokeham Area Primary School , Kingsbridge , Devon, TQ7 2SJ.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
## 2.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 2.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
## 3. **Average Number of Employees**
Average number of employees, including directors, during the year was: 5 (2024: 5)
## 4. **Tangible Assets**
|**Cost**
As at 1 September 2024
Disposals
As at 31 August 2025
**Depreciation**
As at 1 September 2024
Disposals
As at 31 August 2025
**Net Book Value**
As at 31 August 2025
As at 1 September 2024|**Plant &**
**Machinery**
**£**
7,569
(7,569)|
|---|---|
||-|
||7,569
(7,569)|
||-|
||-|
||-|
Page 6
## **Merry Go Round Pre School & Toddler Group Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 5. **Debtors**
|.
**Debtors**|||
|---|---|---|
|**Due within one year**
Trade debtors
Prepayments and accrued income
.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income|**2025**
**£**
-
-
-
**2025**
**£**
1
509
-
468
978|**2024**
**£**
1,117
1,244|
|||2,361|
|||**2024**
**£**
-
491
131
1,350|
|||1,972|
## 6. **Creditors: Amounts Falling Due Within One Year**
## 7. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 7
## **Merry Go Round Pre School & Toddler Group Detailed Income and Expenditure Account For The Year Ended 31 August 2025**
|**TURNOVER**
DCC Funded Hours
Self funded hours
Fundraising
Snack donations
**COST OF SALES**
Subcontractor costs
Other direct costs
**GROSS SURPLUS**
**Administrative Expenses**
Wages and salaries
Employers pensions - defined contributions scheme
Staff training
Staff entertaining
Rent
Light and heat
Repairs and maintenance
Cleaning
Insurance
Printing, postage and stationery
Telecommunications
Accountancy fees
Subscriptions
Payroll fees
Bank charges
Bad debts written off
Sundry expenses
**Other Operating Income**
Grants and subsidies received
**OPERATING SURPLUS**
**Other interest receivable and similar income**
Bank interest receivable
**SURPLUS FOR THE FINANCIAL YEAR**|**2025**
**£**
**£**
49,147
4,716
35
62
53,960
100
2,886
(2,986)
50,974
25,456
356
-
50
1,559
692
7,455
253
1,244
226
470
2,414
487
-
63
-
636
(41,361)
-
-
9,613
407
407
10,020|**2025**
**£**
**£**
49,147
4,716
35
62
53,960
100
2,886
(2,986)
50,974
25,456
356
-
50
1,559
692
7,455
253
1,244
226
470
2,414
487
-
63
-
636
(41,361)
-
-
9,613
407
407
10,020|**2024**
**£**
**£**
67,626
20,310
1,821
334
90,091
238
1,840
(2,078)
88,013
59,624
847
320
632
2,600
1,710
7,082
157
1,873
346
640
1,190
363
545
65
1
71
(78,066)
500
500
10,447
402
402
10,849|**2024**
**£**
**£**
67,626
20,310
1,821
334
90,091
238
1,840
(2,078)
88,013
59,624
847
320
632
2,600
1,710
7,082
157
1,873
346
640
1,190
363
545
65
1
71
(78,066)
500
500
10,447
402
402
10,849|
|---|---|---|---|---|
|||53,960
(2,986)||90,091
(2,078)|
||25,456
356
-
50
1,559
692
7,455
253
1,244
226
470
2,414
487
-
63
-
636||59,624
847
320
632
2,600
1,710
7,082
157
1,873
346
640
1,190
363
545
65
1
71||
|||50,974
(41,361)
-||88,013
(78,066)
500|
||-||500||
||407||402||
|||9,613
407||10,447
402|
||||||
|||10,020||10,849|
Page 8
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
mgKrtf 60 ftE-s(Mat ANP IOPPz£Ks 6Kovf lJrbi¢W A
Charity no
(if any)
On accounts for the year
ended
si.r A J* Zoz5
103q73Z
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity 1.the Tnjst") for the year ended
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordance wth the requirements of the Charities Acl
2011 (Yhe Acr}.
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145{5)(b) of the Act.
I have completed my examination. I confim) that no material matters have
come to my attention (other than that disclosed below") in connection with
the examination vthich gNes me cause to believe that in, any material
respect:
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examinerfs statement
I have no concems and have come aixoss no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Please delete the words in the brackets rfthey do not apply.
Signed:
Date:
ZS/66/Z6
Name:
fEO
Relevant professional
qualification{5) or body
(if any):
IIAAr
Address:
IER
October 2018
Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity account5.. directions and guidance for
examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018