## TRENANCE CHILDCARE 

REPORT AND FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 

CHARITY No 1079818 

WHITAKERS CHARTERED ACCOUNTANTS NEWQUAY 

## TRENANCE CHILDCARE 

## Index to Financial Statements 

## Page 

## 1 

## 2 

## 3 

## 4 

## 5 

6-8 

## General Information 

## Trustees’ Annual Report 

## Independent Examiners’ Report on the Accounts 

Statement of Financial Activities for the year ended 5 April 2025 

## Balance Sheet as at 5 April 2025 

Notes forming part of the Financial Statements for the year ended 5 April 2025 

1 

## TRENANCE CHILDCARE 

## Registered Charity No 1079818 

## Trustees' Annual Report for the year ended 5 April 2025 

## Charity's principal address 

Trenance Childcare, Newquay Family Hub, Trenance Road, Newquay, TR7 2LU 

Names of the charity trustees who manage the charity 

Trustee Name 

Mrs Sarah Walker Chairperson Mrs Kylie Colegate Secretary, Resigned 19/04/24 Mrs Jennifer Merrikin Resigned 04/03/25 Miss Charlotte Mary Jane Appointed 18/01/24 Mrs Claire Connelly Appointed 18/12/22, Resigned 31/10/24 Miss Gemma Dawes Appointed 18/12/22, Resigned 14/07/24 Mrs Danielle Tucker Appointed 18/12/22, Resigned 31/10/24 Andrea Henderson Appointed 06/02/25 Timothy Johnson Appointed 06/02/25 

## Objectives 

The Charity’s principal objective is "Building a Foundation for Future Learning”. This statement encompasses our ethos of enhancing the development and education of all the children in our Day Nursery. We support and encourage parents to be involved in their child's learning and signpost them to other agencies and groups in the community where relevant. 

## Financial report 

The turnover has decreased during the year and costs overall have increased versus last year, Surplus funds have decreased this year, as can be seen by looking at the statement of financial activities for the year on page 4 of the accounts. 


**----- Start of picture text -----**<br>
By order of the board<br>hh<br>Mr Tim Johnson he, y<br>Date* :OS~ /alzé-<br>2<br>**----- End of picture text -----**<br>


# TRENANCE CHILDCARE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025 

## Registered Charity No 1079818 

## INDEPENDENT EXAMINERS’ REPORT ON THE ACCOUNTS TO THE TRUSTEES OF TRENANCE CHILDCARE 

| report on the financial statements of the Charity for the year ended 5 April 2025, which are set out on pages 4 to 8. 

## Responsibilities and basis of report 

As the Charity's Trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act”). 

| report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## Independent examiner's statement 

The charity's gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of ICAEW. 

| have completed my examination. | 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 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 the 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 fo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

LP SOLE FCA Dated: 29 January 2026 Whitakers (South West Limited) Chartered Accountants Bryndon House 5/7 Berry Road Newquay Cornwall TR7 1AD 

3 

## TRENANCE CHILDCARE 

## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025 

|||YIE 5.4.25|Y/E 5.4.24|
|---|---|---|---|
|||Restricted Fund|Restricted Fund|
||Note|£|£|
|Incoming Resources||||
|Income and endowments from:||||
|Grants and Fees|2|299,807|334,520|
|Charitable Activities||||
|Fundraising Events||-|-|
|Investment Income|3|703|4,737|
|Total Incoming Resources||300,510|339,257|
|Resources Expended||||
|Charitable Activities|4|351,598|332,970|
|Total Resources Expended||351,598|332,970|
|Net Incoming (Expenditure) Resources||||
|Net Income (Expenditure) for the year||-51088|6,287|
|Net Movement in Funds||||
|Total Funds at 6 April 2024||192,204|185,917|
|TotalFundsat5April2025||141,116|192,204|



4 

## TRENANCE CHILDCARE 

## BALANCE SHEET AS AT 5 APRIL 2025 


**----- Start of picture text -----**<br>
Y/E 5.4.25 YIE 5.4.24<br>Note £ £ £ £<br>Assets<br>Tangible Assets 6 5,162 6,073<br>Assets<br>Cash at Bank and in hand 137,898 181,326<br>Debtors 9,921 12,184<br>Creditors: Amounts falling due within one year 7 (11,865) (7,378)<br>Current Assets Assets 135,954. 186,131<br>Net Assets Assets 141,116 192,204<br>Funds 8 141,116 192,204<br>**----- End of picture text -----**<br>


## Fixed Assets 

## Current Assets 

## Net Current Assets Assets 


**----- Start of picture text -----**<br>
Total Net Assets Assets<br>Total Funds<br>**----- End of picture text -----**<br>


Signed on behalf of all the Trustees: 


**----- Start of picture text -----**<br>
Mr Tim Johnson Cat<br>**----- End of picture text -----**<br>


Date of approval: O Slo2 / LEO 

5 

## TRENANCE CHILDCARE 

## Notes forming part of the Financial Statements for the year ended 5 April 2025 

1 Accounting policies 

a. Basis of Accounting These accounts have been prepared on the basis of historic cost convention with items recognised at cost or trnasaction value unless otherwise stated in the relevant notes to these accounts, with the Statement of Recommended Practice : Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014. 

b. 

## Grants Receivable and Fees 

Grants Receivable and Fees are only included in the Statement of Financial Activities (SOFA) when the charity has unconditional entitlement to the resources. Deferred income represents amounts received in future periods. 

Cc. Investment Income 

Income is included in the SOFA in the year in which it is receivable. 

d. Expenditure 

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. The organisation is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. 

e. 

## Depreciation 

Depreciation is charged to write off the cost of each asset over its estimated useful life: 

Fixtures and Fittings - 15% reducing balance 

Computer Equipment - over three years straight line basis 

## 2 Income and endowments 

|||Y/E §.4.25|Y/E 5.4.24|
|---|---|---|---|
|||£|£|
|Grant from Cornwall County|Council|198,677|153,242|
|Feesfrom Parents||101,130|181,277|
|JRS Grants||-|-|
|Designated Grants|(note 8)|-|-|
|||299,807|334,520|
|Investment Income||||
|InterestonCashDeposits||703|4,737|



3 Investment Income 

6 

## TRENANCE CHILDCARE 

||||Y/E 5.4.25|Y/E 5.4.24|
|---|---|---|---|---|
|4|Charitable Activities||£|£|
||Teaching and Care|Staff|307,057|290,647|
||Running Costs:|Rent|6,726|7,342|
|||Running costs|21,616|19,571|
|||Telephone & Internet|4,005|3,578|
|||Sundries|1,691|3,179|
|||Stafftraining|225|997|
|||Uniforms|-|373|
|||Depreciation|911|1,079|
|||Cleaning & Consumables|2,122|1,987|
|||Advertising|-|-|
|||Milk, Water& Food|4,787|2,157|
|||Accountancy|948|900|
|||Professional Fees|1,510|1,161|
||||351,598|332,970|



## 6 Tangible Fixed Assets 

|Tangible Fixed Assets||||||
|---|---|---|---|---|---|
||Fixtures|&|Computer|Grant Funded||
||Fittings||Equipment|Assets|Total|
|Cost|£||£|£|£|
|As at 6 April 2024|38,658||16,314|5,097|60,069|
|Additions|-||-|-|-|
|Disposals||||||
||38,658||16,314|5,097|60,069|
|Depreciation||||||
|As at6 April 2024|32,931||16,314|4,751|53,996|
|Charge for the year|859|||52|911|
|Eliminated on disposal||||||
||33,790||16,314|4,803|54,907|
|Net BookValue at 5 April 2025|4,868||-|294|0,162|
|NetBookValueat5April2024|5,727||-|346|6,073|



7 

## TRENANCE CHILDCARE 

7 Creditors: Amounts failing due within one year 

|||YIE 5.4.25|Y/E 5.4.24|
|---|---|---|---|
|||£|£|
||Other Creditors|11,865|7,378|
|||11,865|1,378|
|8|Funds|Y/E 5.4.25|Y/E 5.4.24|
||Restricted Funds (undesignated)|135,683|186,771|
||JRS Grants|-|.|
||Restricted Funds (designated)|5,433|§,433|
|||141,116|192,204|



All the funds of the organisation are deemed restricted to the running of the unit and are reflected in the Balance Sheet Assets at the year end. 

8