Chority Registration Number: 1135312
Company Registration Number". 07178036
ST MAWGAN PRE-SCHOOL UMITED
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 AUGUST 2023
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211Q512024
CaMPANLES H¢JJSÈ
A12
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ST MAWGAN PRE-SCHOOL LIMITED
Contents of the Financial Statements
For the Year Ending 31 August 2023
Page
Company Information
Report of the Truste
>5
Independent Examiners Rew>rt
ststement of Finzntial Activities
Balance Sheet
Notes to the Financial Ststements
9-15

ST MAWGAN PRE-SCHOOL LIMITEO
COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2023
Oirectors..
Mrs C Russell
Mrs E Gibbs
Mr J Gibbs
Mrs A Abell
Mr5 K E Mill•tt
Mr A l Russell
Registered Office..
Kew An Lergh
Stret My8htern Arthur
Nansledan
Comwall
TR8 4UX
Compar)y Regi￿tre￿ Number:
07178036
Registered Charity Number=
1135312
Accountants:
nggard and Thomas Ltd
Kew an Lergh
st￿ Myehtern Arthur
Nansledan
Newquay
Tr84UX

ST MAWGAN PRE-SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 AUGUST 2023
The Directors pr•seni iheir report with the Financial Statements for tht yÈarending 31 August 2023.
srATUS AND AI)MINISTrATION
The Charity is a company limited by guarantee and a registered charity with the Charity Commission. It was
incorporated on 4 March 2010. The accounts compty ￿th current statutory requirements and the eharivs
8overning document5, Memorandum and Artides of Association and the Statement of Retommended Practice
ISORP 20051.
Alla A140 PURPOSE
St Mawgan Prtrschool Limited has the ￿pOnsIbIlitY of runnire a pre-school for the benefit of the local
community.
08JEcfivES A14D AcfMTIES
St Mawgan Pre-school Limited is committed to enhance the devtltspmtnt ènd ethcation of children primarily
under statutory school age by encoura8in8 parents to understaThJ and provide for the needs of thèir thildren
through community groups and bv..
Offering appropriate play. education and care fatilitiès. framily learning and extended hour5 group5,
together with the right of parents to take resFK>n5ibility for and to become involved in the activities of
such groups. ensuring that such group5 offer opportunitie5 for all thildren vthatever their race, culture.
religion. means or ability.
Éncourage the stuty of the needs of such children and their families and promoting public interest in
and recognition of such needs in the local areas.
Instigating and adheringto and furthering the aims and obiè¢rs of the Prtrschool Leaming Alliance.
sfRucfuRo GOVERNANCE AND MANAGEMEIIT
St Mawgan Pre-school Limited is governed by its Trustee Board whith is resp)nsible for setting the 5trate8lC
direction of the tompany and the policy of the charity. The Trustee5 carry the ultsmate responsibility for the
onduct of St Mawgan Pre School Limited and far ensuring that the charity sotlsfies its legal and contractual
bI￿atIonS. Trusteès meet on a fegular basis.
The Tru5tee5 Idirertorsl durin8 the period under review were-.
Mrs K Backway16 October 2020 to 26 February 20241
Mrs S 8 Elia5128 January 2021 to 31 Au8ust 20231
Ms B Szabo125 Jvly 2020 to 30 January 20231
Mrs H Aaby19 September 2021 to 31 August 20231
Mrs C Russell116 June 2022 to presentl
Mrs E Gibbs116 June 2022 to presentl
Mrs A Abell {12 June 2023 to presentl
Mr5 K E Millatt112 June 2023 to presentl
Mr5 Z M Naish112 June 2023 to 31 Aueust 20231
Mr l Gibbs121 February 2024 to presentl
Mr l A Aussell121 February 2024 to presentl

ST MAWGAN PRE-SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 AUGUST 2023 ICONTINUEDI
The directors are appointed according to the Articles of Association and are referred to in that document a5
the Board of Trustees.
REVIEW OF FINANCIAL AcnvmES
The financial re5ufts for the year are Set out in the Statement of Financial ActNitie5 1)n paBe 7 and the position
at the end of the year is sho￿￿ in the Balance Sheet on page
St Mawgan Pre-school knmited own computer equiprY*nt which are disclosed as tangible fixed a55et5 in the
financial statements.
The pre-school meet in the village Community Hall, where it has usè of a large hall and associated facilities and
pays a rent to the Organi￿110n that operate the hall.
The pre-school ernployed five members of staff, all of 7whom have appropn.ate early years qualthcations at the
accountin8 year end.
Incoming resources in the period were £79.715.
A surplus of £9.582 was made in the year. At 31 August 2023 total rÈseNes were £18.010. all of which
represented fvnds introduced by the members the incorporation of the prȕschool on 4 March 2010.
To assess the performance up to 31 August 2023. the following SWOT ha5 been prepared=.
Strengths
Thère ¥re well qualified. highly motivated staff.
Good Qtsted insptetion in the past few yeafs.
Syb5tsntial unre5trirted fund5 are held by the company.
Considerablè watting list of children.
Weaknesses
Children numbers are limit￿ due to the premises.
The premise5 are not designed specifically to be used as a pre school.
Varying leve15 of 5UPPOrt and enga8ement from parènts of enrolled children.
Decreased enrolment and staffing challenge5 durTrn8the COVID-19 pandemic.
Opportunilies
To raise the profile of the pre school in order to attrart more parents to 5UPPOrt the pre school.
Threats
Fundraising from all sources will be morè difficLSIt in the present economic climate.
Reputation risks (for example an zicident invofving injuryto thildren or failure to meet seryice Commitments).
The opportunity to raise prices 15 con5tr4ined by what local parents wll find affordable.
Covid-19 pandernic and the operating restricbon5 bein8 plxed on the pre-school.
Summary of SWOT findings
The pre4chool is an established serrite within the distrltta￿I infom￿1 feedback ￿ndiCateS that it is highlyvalued
by the ustrs. Reputation risk5 can be diminished by ènsur7￿ that constant trainin8 remains a high priority.

ST MAWGAN PRE-SCHOOL LIMITED
REPORTOFTHE TRUSTEES FOR THEYEAR ENDING 31 AUGUST2022 ICONTINUEDI
RESERVES POUCY
All funds at the moment are unrestricted to allowthe pre-school to have suffitiènt funds at its disposal to meet
the daily running expenses. as income is dependent on the number of thildren in the region who will be
attending the prtrschool. Implementrng a plan for raising funds for day to day running of the pre-school is
therefore a priority. butthe long-term aim is to obtain funditw bywhatever meansare availablefor thè company
to own its own premises.
DIREcfoRS' RESP01451BIUTIES
Company Law requires the trustees to prepare atcount5 for Èath financial year which give a true and fair view
of the tharitable companrfs state of affairs at the end of the year and of its income and expenditure for that
year.
In preparing those accounts, the trustee5 are required to:
al select suitable aCc￿nting policies and ihen app￿ them consistentty;
bl make Judgments and estimates that are reasonable and pnjderrt:
¢1 state whethèrapplicable accountTrng standards have been followed. subject to any material departures
disc105ed and explainÈd in the financial statements- and
dl prepare the financial statements on the 801118 concern basis unless it is inappropriate to pre5urne that
the company will continue in operation.
The trustees are also responsiblefor keeping proper accounting records whith dis¢lose with reasonable accuracy
at any time thè financial position of the charitsble company and to enable them to ensurè that the financial
statements comply with the Companies Art 2006. They are also responsible br ensuring that the company
maintains an adequate system of tnternal control designed to provide reasonable a55urance that assets are
safeguarded against material l¢>ss or unauthorized use and to prevent and detect fraud and other irre8ularities.
This report h05 been prepared in accordance Tmth the sptcial pmwsions of the Companies Act 2CK)6 applicable
to companies subject to the small companies. regime and follows the recommendations in Accountin8 and
Reporting by Charities IFRS 1021.
Signed on behalf of the tfustees
Mrs K E Millatt
Dated ..
tt [iy

INDEPENDENT EXAMINER'S REPORTTOTHE TR
EES ON THE
UNAUDITED ACCOUNTS OF ST MAWGAN PRE-
CHCK)L LIMITED
I report on the accounts of the company for the year ended 31 August 2023 set out on pages 7 to 13.
Respe¢il¥e respon￿bIl￿1¢S of trustees and eumlner
The trustees (who are also the dirertors of the company for the purposts af c¢)mpany lawl are responsible for
the preparation of the accounts. The charitys trustees consider that an audit is not fèouired for this period
under section 144121 of the Charitles Act 2011 (the 2011 Act) and that an independent examination is needed.
Havin8 sat15fied myself that the charity is not subject to an audit under Part 16 of the Crynpany A¢t 2006 and Is
eli8t.ble for an independent examination, it is my responsibility to..
examine the accounts under 5ertion 145 of the 2011 Act..
to follow the procedures laid down in the General Directions given by the Charity Commission under
section 1451$1 Ibl of the 2011 Act.. and
to state whether particular matter5 have to my attention.
Basls ol Independent examI￿rf rnport
My examination was carried out in accordance with the General Dirertion5 given by the Charity Commissioners.
An Èxamination includes a revi•w ofthe accounting records kept bythe charity and a comparison of the accounts
presented with those records. It also includes tonsideration of any unusual items or disdosures in the accounts,
and the seeking of explanations from you trustees ¢oncerning any such matters. The piocedure5 undertaken do
not provide all the ewdence that would be requirèd in an audit and. consequently, no opinion is given as to
whether the accounts present a 'true and fair ¥1￿ and the rewrt is limited to those matter5 set out in the
statement below.
Indep•ndent examlnèr< slalement
In connertion with my examtnation. no matter has comè to my attention which gives me reasanable cause to
bèlievè that. in any material respect. the requirements-
al to keep accountin8 record5 in with $386 of the Companies Act 21NJ6: and
bl to prepare accounts which accord wTrth the actounb.ng fecords. comply with the accounting
requirements of the Companies Art 2￿6 and with the method5 and prineFples of the Statement of
Recommended Practice IFRS 1021
have not been met: or
to which, in my opinion, attention should be drawn in order to enab￿ a proper understanding of the accounts
to be reached.
nggard and Thomas
Kew An Lergh
Stret Myghtern Arthur
Nansledan
TR8 4UX
Date".
6/siLf

ST MAWGAN PRE-SCHOOL LIMITED
STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 AUGUST 2023
Notes
Unrestricted
Funds 2023
Restricted
Fund5 2023
Totsl Funds
2023
Total Funds
2022
Incom5ng Resources
Incomin8 re50urce5 from generated
fund5
Voluntory income
Fundin8
55,563
55,563
47,779
Artivth'esAor generotingfvnds."
Investment income..
Interest Receivab
Incomi￿ rexwrceslrom ch•rttable
ad5¥ltles
Fees received and other income
24,143
24.143
26,403
Totsl In¢omln¢ Resour¢es
79.715
79,715
74.182
r¢ewurces Expended
Costs olgenefatinl funds
Costs ofgenen7ting voluntury income
6,752
Charllable artlvllles
62.￿)1
62.Tr17
62,696
ra0Vern￿(e costs
Total Rosouttes Expended
1.118
70,133
1.118
70,133
70,257
P4tt Intomlni I IOUtÈoln￿rè$O￿rOs for
the year
Net movemmt In funds
3,925
9,582
3,925
Transfers between fvnds
Reconclllatlon of F￿d$
Total funds brougm forward
110.6281
110.6281
114.5531
Total fvnd5 carried forward
{1.0461
11.0461
110,6281
The statement of financial acttvities incIL￿e5 all gains and 1055e5 in the period. All incoming resources and
resources expended derive from continuing activities.
These financial statements do not intorporate the signiffitant value attributed to volunteers. hours and other
intangible incoming resour¢es that ¢ontr11￿ted to the a¢tivities ￿ the organization.

ST MAWGAN PAE-SCHOOL LIMITED
BALANCE SHEEf AT 31 AUGUST 2023
Notes
2023
2022
FIXED ASSEfs
Tangible Assets
271
167
CURREPIT ASSETS
Stock
226
267
Oebtors & Prepayments
io
215
418
Cash at Bank and in hand
17,781
8.471
18,222
9.156
CURRENT UABILITIES.. Amounts fallbr
duè withln one year
NET CURRENT ASSETS
li
14831
18951
17,739
8,261
NON CURRE14T LIA8ILmES: Amounts
lalllni due after one year
TOTAL NET AsseTS
18.010
428
REPRESENTED BY
Unrestricted Fund
12
Ac¢umulated Fund
18.010
8,428
Designated Funds
18,010
8,428
The trustees are satisfied that the company is entiued to exemption from the rèqu*ement to obtsin an audit
under section 477 of the Companies Art 2006 anil that members have not required thè company to obtain an
audit in accordance with section 476 of the ACL
The trustees acknowledge their re5pon5ibilitie5 for tomplying wrth the requirements of the Companies Art 2L¥J6
with respèrt to accountin8 records and the Prèparation of the accounts.
The accounts have been prepared in accordance with the provision5 in Part IS of the Companies Act 2CQ6
applicable to companies subject to the small Companie￿ regime and in accordance with FRS 102 SORP.
The note5 form part of these Finanual Statements
Signatory: Mrs K E Millatt
Approved bythe Board on ..

ST MAWGAN PRE-SCHOOL LIMITED
Notes to the Financial Staternents for the Year Ended 31 August 2023
I. ACCOU14TING POLiaES
•) General
The Financial Statements have been prepared under the hFStorical cost convention and follow the
recommendations in Accounting and Repwtin8 by Charities.. Statement of Recommended Prartice IFRS
1021.
b) Incomlng Resources
Voluntary income is recognized as incoming re%¥urce5 when recèivable. except in so far as they a
incapable of financial measurement.
When donors speafy that donations and grants given to thè charity must be used in fijture account4n8
periods. the income is deferred until those periods.
Incoming resources are recogniied in the financial statements when the effect of a transaction or other
event results in an increase in the Charitys assets. Dependent upon:
l. The ChariWs entitlement to the income
2. When it is virtually certain that the incorTre rey)urce will be receNed
3. When the monetary value of the income can be measured with su￿1Clent reliability
¢) Resoyr¢es Ewnded
Resources expended are recogni2ed in the period in whith thry are incurrÈd. Resources expended
include attributable VAT which cannot be recovered.
Certain èxpÈndtture is directly attributable to specific activities and ha5 been included in those cost
ategories. Certain ather costs. which are attributable to more than one attivity. are apportioned on
an appropriate basi5.
Ch?ritsble expenditure comprises tknsè costs incurred bythe Charity in the delivery of its artivities and
services for its beneficiaries. It includes k)th costs that can be allocated dirett￿ tQ Such artivities and
those costs of an indirert nature nece55ary to support them.
Governance costs include those c0515 4$5¢xiated with meeting the constitutionol and statutory
requirements of the Charity.
Tan￿ble Flxed & Deprefiallon
Tangible fixed assets are valued at historic cost less any transartion c05ts. No revaluations are required
as all assets have a short life. No de minimis value has been set and assets have been reviewed for
lmpairr￿ntS by thè trustees.
Depreciation is provided attheft>llowingannual rates inordertowriteaff tach asset over rfs estimatèd
useful life:_
Computer equipment- Straight line over 3 years
Equipment - 2S% reducing balance basis

ST MAWGAN PRE-SCHOOL LIMITED
Notes to the Financial Statements for the Year Ended 31 August 2023
el Realized and unreall2•d galns and losses
All gains and lossès are taken to thè Statèment of Financial Artivitie5 as they arise. Reali2ed galns and
1055e5 on a55et disposals are calculated as the difference between sales proceed5 and the net book
value recorded in the accounts.
Unrestricted Funds
Unrestricted funds are grants and other incomin8 resources receivable or generated for the objects of
the charity without further speofied purpose and are available as general funds.
Él D•sltnated Funds
Designated funds are unrestricted funds earmarked by the TnJstee5 for particular purposes. The use
of such funds is at the Trustees. disuetion.
h) Restrfrted Funds
RestrirtÈd funds art to bè used for specific purposes as laid down by the donor. Expendi￿re which
meets these tritÈria is charged to the fvnd. together with a fair allocation of support costs.
I FUNDING
Unrestricted
Funds 2023
Restrirted
Funds 2023
Total Funds
2023
Total Funds
2022
Cornwall Council
55.563
55.563
47,779
55,563
55.563
47.779 .
io

5T MAWGAN PRE-SCHOOL UMITED
Notes to the Financial Statements for the Year Ended 31 August 2023
INCOMIIIG RESOURCES FROM CHARITABLE ACTMTIES
Unrestricted
Funds 2023
Restrirted
Fund5 2023
Total Fund5
2023
Total Funds
2022
Fees
16.037
16.037
20,360
Income from fundraising actNlties
2.688
643
Other income
673
673
Donations
1,994
4,016
Grants
2,751
2.751
24.143
24,143
26,403
4. COSTS OF GENERATING VOLUNTARY IP4COME
Unrestricted
Funds 2023
Restrirted
Funds 2023
Total Funds
2023
Total Funds
2022
Insurancè
947
Rent & Rates
6,207
6,207
5,805
7,008
6,752
li

ST MAWGAN PRE-SCHOOL LIMITEO
Notes to the Financial Statements for the Year Ended 31 August 2023
S. CHARITABLE AcnvmES
Unrestricted
Fund5 2023
Restricted
Funds 2023
Total Fund5
2023
Total Funds
2022
Wages
54,769
54.769
55,239
Books. play equipment. etc
1,185
1.18S
2,970
Refreshments
811
811
611
Cleartin8 expenses
147
147
91
Pension contributions
872
872
1,304
Expenses forfund raising events
288
89
Uniforms
55
Training expenses
543
543
160
Stationery
193
193
326
Membership & licenses
356
356
746
Sundry expenses
2.262
2,262
599
Repairs & renewals
Depreciation
91
91
56
Excursions
450
450
450
62.C#J7
62.CNJ7
61696
6. GOVERNANCE COSTS
Unrestricted
Funds 2023
Restrirted
Funds 2023
Total Funds
2023
Total Funds
2022
Accountancy fees
758
570
Payroll bureau fees
360
360
239
1.1
1,118
12

ST MAWGAN PRE-SCHOOL UMITED
Notes to the Financial Statements for Year Ended 31 August 2023
TIIUSTEES
None of the trustees lor any persons conrwed wtth thèm) received any remuneration or
reimbursement of out- of-pcxket expenses during the period.
8. TAXATION
The charitable company is exempt from Corporation Tax on its tharitable artNitie5.
9. TANGIBLE FIXED ASSETS
Ewipment
Computer
Equiprnent
Total
Cost as at I Septèmber 2022
4.524
Additions
195
195
Disposa15
Cost as at 31 August 2023
1,736
2.983
4.719
DeP￿latIOn as at I September 2022
1,569
2.788
4.357
Depreciation charge for the ￿ar
42
49
91
Depreciation on disposals
Depreciation as at 31 A￿uSt 2023
1.611
2.837
Net 8ook Value as at 31 August 2022
167
167
Net Book Value as at 31 Au4u5t
2023
125
146
271
13

ST MAWGAN PRE-SCHOOL UMITEO
Notes to the Financial Statements for the Year Ended 31 August 2023
10. DEBTORS
2023
2022
Trade Debtors
215
418
215
418
11. CREDITORS
2023
2022
Trade ueditors
270
270
Social security aThJ other taxes
213
625
895
12. UNRESTRICTED FUNDS
Balance at
I September
2022
Incoming
fesources
Mo¥ement
in funds
expenditure
Tran5fer5
Balance at
31 August
2023
Funds
introduced by
members on
incorporation
19,056
19.056
General funds
110.6281
79.715
170.1331
11,0461
8,428
79,715
170.1331
18,010
14

ST MAWGAN PRE-SCHOOL UMrrED
Notes to the Financial Statements for the Year Ended 31 August 2023
13. A14ALYSIS OF NET ASSETS OEfwEEN FUI*)S
Restricted
Funds
Unrestrirted
Funds
Designated
Funds
2023 Total
Funds
2022 Total
Funds
Net current a55ets
18.010
18.010
8.428
Total net assets
18.010
18.010
8,428
14. GUARANTEE
The tompany is limitèd by guarantÈe. Each member has guaranteed the sum of £1 on windin8 up.
15