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2025-08-31-accounts

Devoran Pre-School Administrative Details

Charity name

(Charity registration number

(Company registreation number

Trustees

Irdependent Examiner

Devoran Pre-School

1110868

4867029

Danielle Pascoe Sonja Clay Nicola Sowerby Bethany Faulks Louise Foy

Whytield Limited ‘Sround Floor, BuildingA Sreen Court Truro Business Park Threemilestone TR4 OLF

Devoran Pre-School

Charity No 1110868

Independent Examiner's Report

| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2025.

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”).

| 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, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act

Independent Examiners' Statement

| 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:

  1. accounting records were not kept in accordance with section 130 of the Act or 2. the accounts do not accord with the accounting records

| 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.

lh Signed: - Name: JESSICA POLGLASE

Signed:

Date: \ loz/20 26

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

evoran Pre-School

Charity No 1110868

Statement of Financial Activities for the year ended 31st August 2025

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||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted| |Funds|Funds|2025|2024| |£|£| |Income|173,798|£|-|173,798.00,|139,072| |Total Income|173,798|-___|173,798.00|139,072| |Expenditure||148,764|£|~|148,764.00,|123,294| |‘ost|of charitable|Activities|148,764|——|148,764.00|—s.|123,294| |Net|Income|(Expenditure)|25,034|25,034.00|15,778| |Fund|Balances|brought forward|51,990|2,482|54,370|38,694| |Fund Balances carried forward|=|77,024|2,482|79,404|-|54,472|

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Devoeran Pre-School

Charity No 1110868

‘Statement of Financial Activities for the year ended 31st August 2025

2025 2024
£ £
Receipts
VoluntaryIncome 2 - -
Activities forgenerating funds 3 4,137.00 2,437.60
InvestmentIncome 4 2,026.00 1,312.69
Incomingfrom charitable activities : 5
‘CountyCouncil Grant 131,786.00 84,054.35
Pre-Schoolincome 26,506.00 50,117.74
Earlyyearsfunding 7,000.00
OtherIncome 470.00 150.00
OtherGrantIncome 1,873.00
173,798.00
_ __1,000.00
139,072.38
Payments
EmploymentCosts 7 121,645.00 98,954.90
Rent&Rates 8,056.00 8,022.92
Materials 609.00 1,633.63
Sontractors 1,907.00 1,558.00
LagalFees 35.00 35.00
SnackExpense 1,742.00 1,276.31
Lunch Expense 1,914.00 1,991.34
(Slubsexpenses 8.00
Fundraisingexpenses 137.00
TrainingCosts 140.00 180.00
Professional Fees 612.00 836.20
Governance -
SupportCosts 11,959.00
148,764.00
8,806.19
_123,294.49
Support costs areallocated accordingly
Adrninistration 1,248.00 370.14
Bad debts 235.00
Postageand Delivery 746.00 676.92
lrisurance 1,091.00 678.90
Depreciation 6 91.00 549.00
Recyclingcosts 440.00
Telephone 680.00 635.73
Travel 274.00 42.00
Housekeeping 1,920.00 732.21
Utilities 2,484.00 4,401.69
OtherCosts 2,750.00 . 719.60
11,959.00. 8,806.19

Devoran Pre-School (Charity No 1110868

‘Statement of Assets and Liabiliies at 31st August 2025

2025 2024
£ £
Fixed Assets
TangibleAssets 9 1,310 1,401
(CurrentAssets 10
Debtors - 540
Cash atBank 79,914 71,879
79,914 72,419
(Current Liabilities
Creditors - 353 - 558
Accrued Expenses - 1,366 - 3,027
Income received in advenice a -__ 15,763
- 1,719 - 19,348
NetCurrentAssets 78,195 53,071
NetAssets 79,506
Prererrtrensesinemestmosesentnreseraea
54,473
————
Funds
Restricted Access 2,482 2,482
\JnrestrictedAccess 77,024 51,990
79,506 54,472

These financial Statements have been prepared in accrodance with the special provisions of Part 15 of the Companies Act 2006 relatingto small charitable companies and with the Financial Reporting ‘Standard for small entities.

For the year ending 31/08/2025 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 requirernents of the Act with respect to accounting records and for the preparation of the accounts.

‘Signed on behalf of the Trustees on Wi LU ___— Dated: \-2-2G

Devoran Pre-School

iSharity No 1110868 Notes to the accounts at 31st August 2025

4. 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 WK and Ireland. (IFRS102) issued on 16 July 2014 ancl updated by Update Bulletin 1 issued on 2 February 2016, the (Sharities Act 2011 and the Companies Act 2006.

The financial statements have been prepared under the historical cost invention.

incoming Resources

Alt incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can bie 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 dats are noted asa 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 trom persuing the charity's activities.

Restricted funds can only te 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 sc 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 2025...continued

2028 2024
£ £
2,VoluntaryIncome
Donations - =
—_—
ss
3.Activitiesforgeneratingfunds
FundraisingEvents 4,137 2,438
4,137 2,438
4. Investment Income
interestfromcashdeposits 2,026 1,313
2,026 1,313
5,IncomingResourcestrom charitable activities
Unrestricted Restricted
iSountryCouncil GrantCountryCouncil Grant 131,786 131,786 84,054
Pre-School feesPre-School feesPre-Schoolfees 26,506 26,506 50,118
Earlyyearsfunding 7,000 7,000 -
(brant Income 1,873 1,873 1,000
OtherIncome 470 470 150
167,635

esSe
-
167,635
SeSe
135,322

Devoran Pre-School

(Charity No 1110868

Notes to the accounts at 3i1st August 2025...continued

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2025 2024
£ £
6. Net Income
Net income is stated after charging :
Depreciation SS1 549
7. Employee's Remuneration
The average number of persons employed by the charity
during the year was as follows: 8 8
The aggregate cost of these persons were as follows:
Wages & Salaries 22.8% increase 121,645 £ 98,955
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No employee received emoluments of more than £6( 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.

Fixtures,

Fixtures,
Property fittingsand Plant&
9.Tangible FixedAssets improvements equipment Equipment Total
iSost
At 1 September2024 3,223 5,510 15,161 23,894
Additions _ .
At 31 August2025 3,223 5,510 15,161 23,894
Depreciation
At 1 September2024 3,223 5,510 13,760 22,493
(Shargefortheyear _ 91 91
At 31 August2025 3,223 5,510 13,851 22,584
NetBookvalue __.
At31 August2025 -
-
1,310
——————————————————————————————————
1,310
At31August2024 071,401
——
ee
SSSCini

(evoran Pre-School

(Charity No 1110868

Notes to the accounts at 31st August 2025...continued

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|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |10.|Current Assets| |Trade|Debtors|-|540| |(Cash|at bank|- current account|5,740|39,670| |(Zash|at Bank - savings account|74,075|32,048| |(Sash|on Hand|-|Petty Cash|100|161| |a SUS| |V1,|Current|Liabilities| |Amounts|falling within|1|year| |Accruals other|754|2,415| |Accruals|- Accounting|612|612| |Trade|Creditors|354|558| |Income Received|in advance|for the 2024-2025|year|from Cornwall Council|-|_.15,763| |1,720|19,348| |———ESEoaSSSS=||[EEE]| |“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|tiable to contribute|an amount not exceeding £1|towards the assets|af the|charity|in the event|of liquidation.| |As|at|As|at| |1September|Incoming|Resources|31|August| |13. Analyis of funds|2024|Resources|Expended|2025| |General Funds|| |\Jnrestricted|Income Fund|51,990|173,798|-|148,764|_|77,024| |Restricted|Funds| |Expansion Fund|(**£341|Fixed|assets)|341|341| |(3raduate|Leader|Fund|-|S| |very Child|a Talker|1,000|1,000| |‘Sustainability Grant|1,141|1,141| |(LF Staff Training|Funding|:|7|-| |2482.|.|2,482| |Total Funds|54,472|173,798-|148,764|___/9,506| |Unrestricted|Restricted|Total|Total| |“14, Net assets by fund|funds|funds|2025|2024| |£|£|£|£| |Tangible Assets|1,310|1,310|1,401| |(Surrent Assets|77,432|2,482|79,914|72,419| |(Current|Liabilities|-|1,719|-|1,719|-|19,348| |Net Assets|77,024|.|2,482|79,506|_|54,473|

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