Devoran Pre-School
(A company limited by guarantee)
Charity No 1110868
Annual Report and Financial Statements
31-Aug-24
Devoran Pre-School Administrative Details
Charity name
Charity registration number
Company registreation number
Trustees
Independent Examiner
Devoran Pre-School
1110868
04867029
Danielle Pascoe Sonja Clay Nicola Sowerby Bethany Faulks Louise Foy
Whyfield Limited Ground Floor, Building A Green Court Truro Business Park Threemilestone TR4 9LF
Devoran Pre-School
Charity No 1110868
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 31/08/2024.
Responsibilities and basis of report
As the charity trustees of the Trust, 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act
Independent Examiners' 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:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across 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.
Signed:
Date:
Name:
Relevant professional qualification(s) or body (if any):
Address: Whyfield Limited Ground Floor, Building A Green Court Truro Business Park Threemilestone Truro Cornwall TR4 9LF
Devoran Pre-School
Charity No 1110868 Statement of Financial Activities for the year ended 31st August 2024
| Income Total Income Expenditure Cost of charitable Activities Net Income (Expenditure) Fund Balances brought forward Fund Balances carried forward |
Unrestricted Funds 139,072 139,072 123,294 123,294 15,778 36,212 51,990 |
Restricted Funds - £ - - £ - 2,482 2,482 |
2024 £ 139,072.38 139,072.38 123,294.49 123,294.49 15,777.89 38,694 54,472 |
2023 £ 113,982 113,982 118,338 118,338 4,356 - 43,050 38,694 |
|---|---|---|---|---|
Devoran Pre-School
Charity No 1110868
Statement of Financial Activities for the year ended 31st August 2024
| 2024 £ Receipts Voluntary Income 2 - Activities for generating funds 3 2,438 Investment Income 4 1,313 Incoming from charitable activities : 5 County Council Grant 84,054 Pre-School income 50,118 Other Income 150 Other Grant Income 1,000 139,072 Payments Employment Costs 7 98,955 Accounting Software and IT costs (previously included In accounting fees+ admin fees) Rent & Rates 8,023 Materials 1,634 Contractors 1,558 Legal Fees 35 Snack Expense 1,276 Lunch Expense 1,991 Training Costs 180 Professional Fees 836 Governance - Support Costs 8,806 123,294 Support costs are allocated accordingly Administration 370 Postage and Delivery 677 Insurance 679 Depreciation 6 549 Telephone 636 Travel 42 Housekeeping 732 Utilities 4,402 Other Costs 720 8,806 |
2023 £ 708 2,098 677 71,292 39,127 80 113,982 92,761 8,024 1,763 1,655 48 1,078 1,981 443 807 - 9,778 118,338 80 654 648 505 571 76 500 6,064 680 9,778 |
|---|---|
Devoran Pre-School Charity No 1110868
Statement of Assets and Liabiliies at 31st August 2024
| Fixed Assets Tangible Assets 9 Current Assets 10 Debtors Cash at Bank Current Liabilities Creditotrs Accrued Expenses Income received in advance Net Current Assets Net Assets Funds Restricted Access Unrestricted Access |
540 71,879 72,419 558 - 3,027 - 15,763 - 19,348 - |
2024 £ 1,401 53,071 54,473 2,482 51,990 54,472 |
- 40,786 40,786 2,273.00 - 612.00 - - 2,885.00 - |
2023 £ 793 37,901 38,694 2,482 36,212 38,694 |
|---|---|---|---|---|
These financial Statements have been prepared in accrodance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for small entities.
For the year ending 31/08/2024 the charitable company was entitted to exemption under section 477 of the Companies Act relating to small companies
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts.
Danielle Pasoce
Danielle Pasoce (Feb 13, 2025 12:46 GMT)
Signed on behalf of the Trustees on
Dated : Feb 13, 2025
Devoran Pre-School Charity No 1110868
Notes to the accounts at 31st August 2024
1. Accounting Policies
Basis of Accounting
The charity constitutes a public benefit entity as defimed by IFRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended pratice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland. (IFRS102) issued on 16 July 2014 and updated by Update Bulletin 1 issued on 2 February 2016, the Charities Act 2011 and the Companies Act 2006.
The financial statements have been prepared under the historical cost invention.
Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular activities they are classed as other
Grants offered subject to conditions which have not been met at year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities
Fund Accounting
The Unrestricted fund has arisen through general fundraising, unrestricted donations and surpluses from persuing the charity's activities.
Restricted funds can only be used for particular restricted purposes within the objects of the charity, Restrictions can arise when specified by the donor or when funds are raised for particular restricted purposes. The costs of raising and administering such funds are charged against the specific funds.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Property Improvements 20% Straight Line Fixtures, Fittings and Equipment 25% Straight Line Plant and Equipment 25% Straight Line
Devoran Pre-School Charity No 1110868
Notes to the accounts at 31st August 2024…continued
| 2. Voluntary Income Donations 3. Activities for generating funds Fundraising Events 4. Investment Income Interest from cash deposits 5. Incoming Resources from charitable activities Country Council Grant Pre-School fees Pre-School fees - Snack fees Pre-School fees - Extra Fees Grant Income Other Income |
Unrestricted 84,054 50,118 - - 1,000 150 135,322 |
Restricted - |
2024 £ - - 2,438 2,438 1,313 1,313 84,054 50,118 - - 1,000 150 135,322 |
2023 £ 708 708 2,098 2,098 677 677 71,292 39,127 - - - 80 110,499 |
|---|---|---|---|---|
Devoran Pre-School Charity No 1110868
Notes to the accounts at 31st August 2024…continued
| 6. Net Income Net income is stated after charging : Depreciation 7. Employee's Remuneration The average number of persons employed by the charity during the year was as follows: The aggregate cost of these persons were as follows: Wages & Salaries 6.67% increase No employee received emoluments of more than £60 000 during the year 8. Taxation The charity's activities fall within the exemptions provided by the provisions of the Income and Corporations Taxes Act 1988. Accordingly there is no taxation charge in these accounts. 9. Tangible Fixed Assets Property improvements Fixtures, fittings and equipment Cost At 1 September 2023 3,223 5,510 Additions At 31 August 2024 3,223 5,510 Depreciation At 1 September 2023 3,223 5,510 Charge for the year At 31 August 2024 3,223 5,510 Net Book value At 31 August 2024 - - At 31 August 2023 - - |
2024 £ 549 8 98,955 Plant & Equipmet 14,005 1,156 15,161 13,211 549 13,760 1,401 793 |
2023 £ 505 8 92,761 £ Total 22,738 22,738 21,944 549 22,493 1,401 793 |
|---|---|---|
Devoran Pre-School
Charity No 1110868
Notes to the accounts at 31st August 2024…continued
| 10. Current Assets Trade Debtors Cash at bank - current account Cash at Bank - savings account Cash on Hand - Petty Cash 11. Current Liabilities Amounts falling within 1 year Accruals other Accruals - Accounting Trade Creditors Income Received in advance for the 2024-2025 year from Cornwall Council |
2024 £ 540 39,670 32,048 161 72,419 2,415 612 558 15,763 19,348 |
2023 £ - 9,890 30,735 161 40,786 612 2,273 2,885 |
|---|---|---|
12. Members Liability
The charity is a private company limited by guarantee and consequently does not have any share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
| 13. Analyis of funds General Funds Unrestricted Income Fund Restricted Funds Expansion Fund (£341 Fixed assets) Graduate Leader Fund Every Child a Talker Sustainability Grant GLF Staff Training Funding Total Funds 14. Net assets by fund** Tangible Assets Current Assets Current Liabilities Net Assets |
As at 1 September 2023 Incoming Resources Resources Expended 36,212 139,072 123,294 - 341 - 1,000 1,141 - 2,482 - - 38,694 139,072 123,294 - Unrestricted funds Restricted funds Total 2024 £ £ £ 1,401 1,401 69,937 2,482 72,419 19,348 - 19,348 - 51,991 2,482 54,473 |
As at 31 August 2024 51,990 341 - 1,000 1,141 - 2,482 54,472 Total 2023 £ 793 40,786 2,885 - 38,694 |
|---|---|---|
Updated Devoran Pre School Accounts YE 2024
Final Audit Report
2025-02-13
Created: 2025-02-11 By: Whyfield Limited (echosign@whyfield.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAyLqp9CXB_uFEb2DwqEXel5mvsYmD5TSn
"Updated Devoran Pre School Accounts YE 2024" History
- Document created by Whyfield Limited (echosign@whyfield.co.uk)
2025-02-11 - 14:54:13 GMT- IP address: 82.71.39.163
Document emailed to manager@devoranpreschool.co.uk for signature
2025-02-11 - 14:56:14 GMT
- Email viewed by manager@devoranpreschool.co.uk
2025-02-13 - 12:38:29 GMT- IP address: 79.78.255.124
-
manager@devoranpreschool.co.uk entered valid password assigned by the sender. 2025-02-13 - 12:43:18 GMT
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Signer manager@devoranpreschool.co.uk entered name at signing as Danielle Pasoce 2025-02-13 - 12:46:20 GMT- IP address: 79.78.255.124
Document e-signed by Danielle Pasoce (manager@devoranpreschool.co.uk)
Signature Date: 2025-02-13 - 12:46:22 GMT - Time Source: server- IP address: 79.78.255.124
Agreement completed.
2025-02-13 - 12:46:22 GMT