Company registration number.. 7285867
Charity registration number: 1136915
The Peter Pan Centre Ltd
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 October 2024
Daryl Denson ACMA
VAsr
The Dudson Centre
Hope Street
Stoke on Trent
ri 5DD

The Peter Pan Centre Ltd
Contents
Impact Report
Ito2
Reference and Administrative Details
Tru5tees' Report (incorporating the Directors, Report)
4t07
Independent Examiner's Report
statement of Financlal Activltles
9tolO
Balance Sheet
iito12
Notes to the Financial Statements
13to30

Impact report
November 2023 - October 2024
Our vision
is a world where we give every child
their best chance in life.
Our purpose
is to devote ourselves to life-changing care
and education for children with special needs
and the support their families deserve.
Our objectives are
To provide life-changing care and education for young children with SEND.
To deliver tailored support, at the right time, for the whole family.
To strengthen trusted partnerships and collaborations.
To deliver sustainable growth.
Our aims:
To celebrate every child's achievements through
tailored education and care.
To develop children's core life skills.
To develop children's independence and consequently their school preparedness.
To reduce parent carer anxieties around school transitions.
To increase families skill and conf idence to support their child's development at home.
To improve families conf idence to access their local community.
To reduce families isolation.
|li¥19lV
Our story
The Peter Pan Playgroup for disabled children was
established in 1969. The children would play whilst their
mums enjoyed a chance to relax and make new friends. In
1992 the playgroup developed into the Peter Pan Nursery,
registered with Ofsted and social services, and in 2011, the
Peter Pan Nursery moved to its current premises on Hoon
Avenue. The nursery rebranded to become the Peter Pan
Centre, a specialist development centre for children with
Special Educational Needs and Disabilities (SEND), in 2014.
Today, we provide early education and family support at our centre in Newcastle-under-Lyme.
Our Family Support & Outreach Service delivers specialist stay and play sessions at five
convenient locations, information sessions and social activities for families and formal family
support in the home.
"Tlank y,, for 9lVln
Rano
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or
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save
7rX
ww.thepeterpancentre.co.uk. 01782 715219. info@thepeterpancentre.co.uk
egistered charity number 1136914. Registered in Englond & Wales no. 7285867
Ofsted
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102 children supported with one or two weekly Education, Care & Development sessions
488, families supported with weekly specialist Stay and Play sessions
54. families supported through the Education, Health and Care Plan process
families supported with school transitions:
J 19 to specialist schools; 10 to mainstream; I to mainstream nursery; 8
deferred entries
16 . parent carers attended training courses on sleep, f irst aid and
Makaton
] 4,. children supported through mediation and tribunals for EHCPS
What our families say
Well-being and development improved significantly for all children, particularly in the areas
of communication skills, physical skills and independence.
Increased conf idence supporting their child at home was reported by IOOOA of the
families whose children left our centre for school in August 24.
IOOYO of the families we supported with school transitions reported reduced anxiety about
their child starting school compared to before the transition process.
920/0 of these families reported increased resilience to face the challenges
ahead.
IOOO/o of the families attending our Stay and Play sessions reported feelin
less isolated.
Families celebrate their children more and feel more positive about
their child's futures.
Parent carer peer-to-peer support is particularly valuable as they
share experiences and get advice from each other in a safe,
non-judgmental environment.
06)
Oo
of our children
made progress
from their
starting points
with us
Other key achievements
Our centre waitlist peaked at 70 children but we reduced this Significantly.
We continue to secure funding from Trusts and Foundations, local businesses, individuals and
community groups as well as run events and campaigns.
We held our second Graduation celebration for children leaving to start their journey at school.
Our monthly family fun sessions at our centre in Newcastle under Lyme have grown in
popularity; parent carer socials have also now been launched.
We have supported increasing numbers of local college and university students
with placements and work experience opportunities.
ove
eiY]
experiences makes me realise i
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norma
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paren
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bad parenl - il s
go IA gk Ik k.11,,
7800
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respite
hours
provided
j I Ihal all parenl, ,f disabl,J chilJ
us
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es.

The Peter Pan Centre Ltd
Reference and Administrative Details
Trustees
Mr C I Barcroft, Chair
Miss M Owen, Treasurer
Mrs D C Mcvey
Mrs K Espley
Mr C P Farrelly
Mrs S McDowell
Mrs M Martin
Dr M Pearson
Secretary
Miss S Clarke
Senior Management I
Leadership Team
Ms C Cook
Miss S Clarke
Charity Registration Number 1136915
Company Registration Number7285867
The charity is incorporated in England.
Peter Pan Centre
Hoon Avenue
Newcastle under Lyme
staffordshire
59NY
Registered Office
Independent Examiner
Daryl Denson ACMA
VAST
The Dudson Centre
Hope Street
stoke on Trent
15DD
Bankers
Santander
Bridle Road
Bootle
Merseyside
L30 4QB
Page 3

The Peter Pan Centre Ltd
Trustees. Report (incorporating the Directors. Report)
The trustees, who are direttors for the purposes of company law, present the annual report together
with the financial statements and auditors, report of the charitable company for the year ended 31
Ottober 2024.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Mr C I Barcroft, Chair
Miss M Owen, Treasurer (appolnted 18 June 2024)
Mrs D C Mcvey
Mrs S Passmore (resigned 3 December 2024)
Mr G C Wilson (resigned 18 June 2024)
Mr J Keighery (resigned 10 Detrmber 2024)
Mrs K Espley
Mr C P Farrelly
Mrs S McDowell
Mrs M Martin
Dr M Pearson
Secretary:
Miss S Clarke
Structurei governance and management
Nature ofgoverning document
The charity is a company limited by guarantee and the governing document is the Memorandum and
Articles of Association. There are no Specific restrictions imposed by the governing document.
Recrultment andappointment of trustses
Trustees are appointed to provide support and direction for key areas of the charity's attivities. The
Board conduct a skills audit and review at regular intervals to identify any skills gaps and appoints
new trustees accordingly. Trustees are required to number a minimum of 3.
Indurtlon and training of trustees
All new trustees are given a thorough induction and offered training, where appropriate.
Organisational structure
The trustee5 meet regularly to manage and dirett the work of the charity. The charity employs
managers who are responsible for the operation of the Centre, fundraising and administration and
finance on a day to day basis.
Page 4

The Peter Pan Centre Ltd
Trustees. Report (incorporating the Directors, Report)
Major risks
All significant risks are reviewed regularly by the trustees and the management team. Due to the
nature of our charity, safeguarding and educational issues are given significant priority.
Objectives and activities
Objetts andaims
The objects are of the charity are to provide educational opportunities for children with speclal needs
of pre-school age.
Within that framework the aims of the charity are,.
To provide exceptional care, sUPPOrt and education to children from birth to age five wlth a range
of additlonal and special needs such as communlcation delays, physical delays, hearing and visual
impairments, autistic spectrum conditions and medical syndromes and conditions. We will do this
through delivering the Early Years Foundation Stage Framework.
To enable children to make rapid progress in their development with a focus on key life skills such
as independence, communication and soaal skills.
To support families in meeting the needs of thelr chlldren, which may include Informal famlly
support and advlce, tralning such as communication strategies and sensory strategies, and referral to
other services such as health services and children's services and through delivering community
based stay and play 5es5ions.
To Ilaise with health and education professionals to ensure consistency and support of care and
education, and to support parentslcarers through this, securing the right support at the right time.
To liaise with the relevant local authority, in relevance to the timely statutory assessment of
children's education, health and care needs.
To plan and sUPPOrt transitions for children and families into their next or additional settlng. This
may include asslsting families to view and choose settings, coordinating transition visits and more.
To strive for outstanding practice by accessing relevant and specialist training and working with
other organisations in the sector.
To adhere to and promote the Equalities Act, the Children and Families Act, Working Together, and
the Special Education Need5 Disabilities Code of Practice and other legislation.
To raise the profile of the Centre as outstanding and inspiring provision for children with special
educational needs.
To raise awareness of the challenges faced by children and adults with disabilities and promote
diversity of our community.
Page 5

The Peter Pan Centre Ltd
Trustees, Report (incorporating the Directors, Report)
Public benefit
Our main activities and whom we try to help are described above. All of our charitable activities focus
on the care and education of young children with special educational needs and to provide the
parents of such children with support and respite.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Art
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Strategic Review
In light of the changes in the needs of chIld￿n and parents in the post pandemic era and the
changing local authority and government objectives with regard to our children, the board has
recenfjy undertaken a strategic review of our existing services.
Nationally, both the early years and SEND sectors are underfunded, and both staff costs (due to
increases in the living wage) and operating costs have increased. Demand for our help continues to
rise, and we operate a waiting list for places at our specialist nursery. Our famlly support projett
helps both the centre and families on the waiting list, and beyond, with specialist stay and play
sessions, social activities, training sessions and formal, tailored support, to ensure as many children
as possible can benefit from our support.
The Peter Pan Centre 15 heavily reliant on fundralslng to cover its operating costs, with fees and early
year's education funding accounting at present for only around 15 % of our income. The charity
cannot provide the high level of service It does without the generous support of grant and trust
funders and our local community. The charity has a strong record for Increasing Income, delivering
value and cost-effective services.
From April 2024, the government began to expand state-funded childcare. By September 2025,
eligible working parents of children from 9 months to school age will be enlitled to 30 hours of
government- funded childcare a week. As the funding we receive per child from our local authority
only covers around 150/0 of the cost of a place, and in light of all the above, the Board has reviewed
our se55ional offer to children. Following consultation with parent carers and other stakeholders, and
after assessing need, they Board has determined to trial a 15-hour early education offer, alongside
our existing sessional offer, from September 2025. By delivering a mixed offer, we can make an even
bigger difference to children's lives as soon as possible, whether that be through Stay and Play
sessions, family support, education sessions or assessment for a 15-hour placement. A mixed offer,
accessing statutory funding, will also underpin our financial sustainability for the long-term, alongside
Peter Pan's suctrssful, wider fund-raising efforts.
Page 6

The Peter Pan Centre Ltd
Trustees, Report (incorporating the Directors, Report)
Achievements and performance
Financial review
We reali5ed a deficit for the financial year of around £43,000, but this was after planned spending of
£31,000, raised in previous years and held within restricted reserves, on the new family support
projett. We also took a depreciation charge on fixed assets, again charged to restricted reserves, of
some £12,000. Overall, the result was broadly In Ilne with our budget.
During the year, we have been successful In belng awarded three multi-year grants, which all run
through to at least the end of 2026, which help underpin our sustainability. Fundraising remains
strong, particularly from grants and trusts, and outperformed last year, with Peter Pan's contribution
to the education and wellbeing of children with special needs being widely recognised by our
generous benefattors, partners and contributors from the wider community.
Policy on reserves
Unrestritted free reserves at 31 October 2024 totalled £88,856 (2023: £112,754). We frequently have
a 3 to 4 year commitment to children who use our services. Accordingly the Trustees endeavour to
malntaln sufficient unrestricted free reserves in the charity to provide resources adequate for at least
six months uninterrupted services. At 31 October 2024 our free reserves represent around 4.5
months of nomal expenditure for the Centre, after taking account of committed funds from a number
of trusts. As the setting currently has a 25 year life span the Trustees have deemed it prudent to
build a designated Major Works Fund. Thls currently stands at £35,000.
Small companies provision statement
This report has been prepared in accordance with the small companles reglme under the Companles
Act 2006.
The annual report was approved by the trustees of the charlty on
behalf by:
nd slgned on Its
Mr C l Barcroft
Chairman an
stee
Page 7

The Peter Pan Centre Ltd
Independent Examiner's Report to the trustees of The Peter Pan Centre
Ltd ('the Company,)
report to the charity trustees on my examination of the accounts of the Company for the year ended
31 October 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
re responsible for the preparation of the accounts in accordan￿ with the requirements of the
Companies Act 2006 Cthe 2006 Act?.
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respett of my
examination of your charity's accounts a5 carried out under section 145 of the Charities Act 2011 Cthe
2011 Act). In carrying out my examination I have followed the Direction5 given by the Charity
Commission under sectlon 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examSner must be a member of a body
listed in settlor) 145 of the 2011 Act. I confirm that I am qualified to undertake the examination
because l am a member of CIMA, which is one of the listed bodies.
I have completed my examlnatlon. I conflrm that no matters have come to my attention in connettlon
with the examination giving me cause to believe..
l. accounting records were not kept in respett of The Peter Pan Centre Ltd as requlred by section
386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
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; or
4. the accounts have not been prepared in accordance with the methods and prlnclples of the
Statement of Recommended Practice for accounting and reporting by charitles [applicable to
charities preparing their accounts in accordance with the Financial Reportlng Standard applicable
in the UK and Republic of Ireland (FRS 102)].
I have no COn￿rnS and have come across no other matters In connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
be reached.
Daryl Denson ACMA
VAST
The Dudson Centre
Hope Street
Stoke on Trent
STI 5DD
io's
Page 8

The Peter Pan Centre Ltd
ststement of Financial Artivities for the Year Ended 31 Ortober 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted Restricted
funds
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
143,725
45,515
24,093
120,728
264,453
45,515
24,093
Total Income
223 657
120 728
Expenditure on:
Raising funds
Charitable activities
(11,791)
235 764
(11,791)
375 411
139 647
Total expenditure
247 555
139 647
387 202
Net expenditure
Net movement in funds
(23,898)
(18,919)
(42,817)
Reconciliation of funds
Totsl funds brought forward
147 754
120 179
267 933
Totsl funds carrled fomard
22
123 856
101260
225 116
The notes on pages 13 to 30 form an integral part of these financial statements.
Page 9

The Peter Pan Centre Ltd
statement of Financial Activities for the Year Ended 31 October 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
144,900
41,171
19,703
107,773
252,673
41,171
19,703
Total income
211610
107 773
319 383
Expenditure on:
Raising funds
Charitable activities
(9,855)
220 885
(9,855)
351147
130 262
Total expenditure
Gainsllosses on investment assets
(230,740)
(130,262)
(361,002)
Net expenditure
Net movement In funds
(21,112)
(22,489)
(43,601)
Reconciliation of funds
Total funds brought forward
168 866
142 668
311534
Total funds carried forward
22
147 754
120 179
267 933
All of the charity's activities derive from continuing operations during the above tNo periods.
The funds breakdown for 2023 is shown in note 22.
The notes on pages 13 to 30 form an integral part of these financial statements.
Page 10

The Peter Pan Centre Ltd
(Registration number: 7285867)
Balance Sheet as at 31 October 2024
2024
2023
Note
Fixed assets
Tangible assets
Investments
16
77,162
73,381
17
128 338
Current assets
Debtors
Cash at bank and in hand
18
19
8,290
171905
8,338
235 081
180,195
243,419
Creditors: Amounts falling due within one year
20
Net current assets
194 552
Net assets
225 116
267 933
Funds of the charity:
Restricted income funds
Restricted funds
101,260
120,179
Unrestricted income funds
Unrestricted funds
123 856
147 754
Total funds
22
225 116
267 933
For the financial year ending 31 October 2024 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476. and
The directors acknowledge their responsibilities for complying wlth the requirements of the Act
with respect to accounting records and the preparation of accounts.
These financial statements have 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.
The notes on pages 13 to 30 form an integral part of these financial statements.
Page 11

The Peter Pan Centre Ltd
(Registration number: 7285867)
Balance Sheet as at 31 October 2024
e finan
ial tatements on pages 9 to 30 were approved by the trustees, and authorised for issue on
and signed on their behalf by..
Mr C l Barcroft
Chairman an
vLLCLLNwty
Miss M Owen
Trustee
The notes on pages 13 to 30 form an integral part of these financial statements.
Page 12

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
I Charity status
The charity 15 limited by guarantee, incorporated in England, and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of
the charity in the event of liquidation.
The registered offiTr and principal place of business is:
Peter Pan Centre
Hoon Avenue
Newcastle under Lyme
staffordshire
59NY
2 Accounting policies
Summary of significant accounting pollcies and key accounting estimate5
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financlal statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019) (Charltles SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companie5 Att
2006 and Charities Act 2011.
Basis of preparation
The Peter Pan Centre Ltd meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held
by the charity.
Exemption from preparing a cash flow statement
Tre charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not
included a cash flow statement In these financial statements.
Page 13

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 Ortober 2024
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the
reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
met, the income is recognised as a liability and included on the balance sheet as deferred income to
be released.
Deferred ino?me
Deferred income represents amounts received for future periods and is released to incoming
resources in the perlod for whlch, it has been received. Such income is only deferred when:
The donor specifies that the grant or donation must only be used in future accounting periods; or
The donor has imposed conditions whlch must be met before the charity has unconditional
entitlement.
Investment income
Interest on fund5 held on deposit Is Included when receivable and the amount can be measured
reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Dividends are recognised once the dividend has been declared and notificatlon has been received of
the dividend due.
Expenditure
All expenditure Is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement Is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where c05ts cannot
be directly attributed to particular headings they have been allocated on a basis con515tent with the
use of resources, with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset'5 Use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investsnents and those
incurred in trading activities that raise funds.
Page 14

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
Chan"tab/e activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its attivities
and seNices for its beneficiaries. It includes both costs that can be allocated directly to such attivities
and those costs of an indirect natu￿ necessary to support them.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and stalutory
requirements, including audit, strategic management and trustees meetings and reimbursed
expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the falr value of
the asset received or receivable. Grants are classified as relatsng either to revenue or to assets.
Grant5 relating to revenue are recognised in income over the period in which the related costs are
recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where
part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out In Paragraph I Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charltable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from tsxation In respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Att 2010 or Section
256 of the Taxatlon of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Depreclatlon and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expetted useful economic life as follows..
Asset class
Office Equipment
Nursery Equipment
Property Improvements
Depreciation method and rate
3 and 4 years straight line
4 years straight line
10 years straight line
Fixed asset investments
Investments are included on the Balance Sheet at market value at the year end. Gains and losses on
disposal and revaluation are shown in the Statement of Financial Activities.
Page 15

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised inltially at the transaction price. They are subsequently measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the charity will not
be able to collett all amounts due according to the original terms of the retrivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Trade creditors
Trade creditors are obligatlons to pay for goods or servi￿5 that have been acquired in the ordlnary
course of business from suppliers. Accounts payable are classified as current liabilities If the charity
does not have an unconditional right, at the end of the reporting period, to defer settlement of the
creditor for at least ￿e1ve months after the reporting date. If there is an unconditional right to defer
settlement for at least I￿e1ve months after the reporting date, they are presented as non-current
Trade creditors are recognised Inltially at the transaction price and subsequently measured at
amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Designated fund5 are unrestrlcted funds eannarked by the trustees for particular purposes.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
Tre charity operates a defined contribution pension scheme which is a pension p5an under which
fixed contributions are paid into a pension fund and the charity has no legal or construttive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee seNice in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments ex￿ed the contribution due for service, the excess is
recognised as a prepayment.
Page 16

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
Financial instruments
Classification
Financial assets and financlal liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Recognltlon andmeasurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profit or loss, which are
initially measured at fair value (which is normally the transaction price excluding transaction costs),
unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or financial liability is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities aE only offset In the statement of financial position when, and only
when there exists a legally enforceable right to set off the recognised amounts and the charity
intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financial asset expl￿ or are settled, b) the charity transfers to another party substantially all
of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained
some, but not all, significant risks and rewards of ownershlp, has transferred control of the asset to
another party.
Financial liabilities a￿ derecognlsed only when the obligation specified In the contract is discharged,
cancelled or expires.
Page 17

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
2024
Donations and legacies.
Donations from individuals
Grants, including capital grants.
Government grants
Grants from other charities
64,846
64,846
1,876
1,876
197 731
120 728
143 725
120 728
264 453
Unrestricted
funds
General
Restricted
funds
Total
2023
Donations and legacies;
Donations from Indlvlduals
Grants, including capital grants;
Government grants
Grants from other charities
63,451
63,451
1,500
1,500
187 722
107 773
144 900
107 773
252 673
4 Income from charitable activities
Unrestricted
funds
General
Total
2024
Fees
Council Fees
9,862
9,862
Unrestricted
funds
General
Total
2023
Fees
Council Fees
15,516
15,516
Page 18

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
5 Income from other trading activities
Unrestricted
funds
General
Total
2024
Fundraising
Unrestricted
funds
General
Total
2023
Fundraising
6 Investment income
Unrestricted
funds
General
Total
2024
Income from dividends.
Dividends receivable from other listed investments
Interest receivable and similar income;
Interest receivable on bank deposits
1,176
1,176
Unrestricted
funds
General
Total
2023
Income from dividends.
Dividends receivable from other listed investments
Interest receivable and similar income.
Interest receivable on bank deposits
679
679
Page 19

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
7 Expenditure on raising funds
a) Costs of generating donations and legacies
Unrestricted
funds
General
Total
2024
other direct costs of generating voluntsry income
Unrestricted
funds
General
Total
2023
other dirett costs of generating volLJntary income
8 Expenditure on charitable artivities
Artivity
undertaken
directly
2024
2023
Staff costs
Staff training and recrultment
Refreshments, small toys & play
Travel and subsistence
Premises costs
Bank charges
Office costs
Professional fees
Depreclation
Independent examiner fees
296,104
3,732
5,697
2,782
25,810
469
22,048
3,289
14,480
296,104
3,732
5,697
2,782
25,810
469
22,048
3,289
14,480
273,634
3,291
5,617
1,388
21,209
596
17,124
3,634
23,759
895
375 411
375 411
351147
£235,764 (2023 £220,895) of the above expenditure was attributable to unrestricted funds and
£139,647 (2023 £130,262) to restritted funds.
Page 20

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
9 Analysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
2024
Independent examiner fees
Examination of the financial statements
Unrestricted
funds
General
Total
2023
Independent examiner fees
Examination of the financial statements
895
895
895
895
10 Government grants
Tre charity received £1,876 (2023,. £1,500) from council grants.
The amount of grants recognised in the financial statements was £1,876 (2023 - £1,500).
There were no unfulfilled conditions at the year end.
11 Net incomingloutgolng resources
Net outgoing resources for the year Include:
2024
2023
Depreciatlon of fixed assets
12Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the
year.
Page 21

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
13 Staff costs
The aggregate payroll costs were as follows:
2024
2023
staff costs during the year were:
Wages and salaries
Social security costs
Penslon costs
267,953
16,899
250,320
14,507
296 104
273 634
The monthly average number of persons (including senlor management I leadership team) employed
by the charfty during the year expressed as full time equivalents was as follows:
2024
No
2023
No
Dirertors (unpald)
Administration staff
Early Years and support staff
io
10
io
io
23
22
Contributions to the employee pension schemes for the year totalled £11,252 (2023 £8,807).
Pension costs are split between restritted and unrestricted expenditure in line with the assoclated
staff salary costs.
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £89,560 (2023
£80,946).
Page 22

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 Ortober 2024
14 Independent examiner's remuneration
2024
2023
Examination of the financial statements
895
15Taxation
The charity is a registered charity and is therefore exempt from taxation.
16Tangible fixed assets
Furniture
and
equipment
Land and
buildings
Nursery
Equipment
Total
Cost
At l November 2023
Additions
62,431
45,179
65,903
173,513
At 31 October 2024
191774
Depreciation
At l November 2023
Charge for the year
6,026
37,420
56,686
100,132
At 31 Ottober 2024
114612
Net book value
At 31 October 2024
At 31 October 2023
Included wlthin the net book value of land and bulldings above is £Nil (2023 £Nil) in respect of
freehold land and buildings and £61,229 (2023 £56,405) in respect of leaseholds.
Page 23

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 Ortober 2024
17 Fixed asset investments
2024
Other investments
other investments
18 Debtors
2024
2023
Trade debtors
Prepayments
other debtors
430
4,900
613
4,725
19Cash and cash equivalents
2024
2023
Cash at bank
171905
235 081
Page 24

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 Ortober 2024
20Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other taxation and Social security
Accruals
Deferred income
2,618
750
686
4,217
1,439
3,702
2024
2023
Deferred Income at l November 2023
Resources deferred in the period
Amounts released from previous periods
42,525
76,347
1,010
42,525
Deferred income at year end
The income deferred at the year end relates to multi year grants received in advance.
21 Pension and other schemes
Deflned contrlbution pension scheme
The charity operates a defined contributlon pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £11,252 (2023
£8,807).
Page 25

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
22Funds
Balance at
Balance at
31 October
2024
November
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
General Fund
112,754
223,657
(247,555)
88,856
Designated
Major Works Fund
Total unrestricted
funds
147 754
223 657
247 555
123 856
Restricted funds
North Staffordshire
Hospital Children's Trust
Denise Coates
Foundation
Fence Club Trust
The Edward Gostling
Foundation
Olwen McPherson Trust
Boshier Hinton
Foundatlon
Masonic Charitable
Trust
Playground Project
The National Lottery
Community Fund
The Henry Smith Charity
Groundwork UK
st Jame's Place
Charitable Foundation
other
38,500
(19,650)
18,850
5,201
1,032
{I,000)
(524)
4,201
508
loo
4,807
(ioo)
(1,715)
3,092
2,686
(900)
1,786
11,000
51,823
(i 1,000)
(5,758)
46,065
80,550
18,750
9,552
(74,453)
(18,750)
(152)
6,097
9,400
7,500
(1,875)
5,625
loo
Total restricted funds
120 179
120 728
139 647
101260
Total funds
267 933
344 385
387 202
225 116
Page 26

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 Ortober 2024
Balance
Balance
ati
Other
at31
November Incoming Resources
recognised October
2022
resources expended Transfe￿inSI (losses) 2023
Unrestricted funds
General
General Fund
133,866
211,610 (230,740)
(1,982)
112,754
Designated
Major Works Fund
Total unrestricted funds
168 866
211610
230 740
147 754
Restricted
BBC Children in Need
North Staffordshlre
Hospital Children's Trust
Denise Coates
Foundation
Fence Club Trust
The Edward Gostllng
Foundation
Olwen McPherson Trust
Boshier Hinton
Foundation
Foyle Foundation
The Bally Thomas
Charitable Fund
Masonic Charitable Trust
Other
Playground Projett
30,000
(30,000)
88,900
(50,400)
38,500
14,931
1,556
(9,730)
(524)
5,201
1,032
600
14,250
(500)
(1,920) (7,523)
loo
4,807
3,586
15,000
(900)
2,686
(15,000)
10,000
(10,000)
22,067
(11,067)
11,648
{9,463) (1,000)
34 058 23 523
11,000
5,030
3,845
Total restricted funds
142 668
107 773
130 262
120 179
Total funds
311534
361002
319 383 L
267 933
Page 27

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
Tre specific purposes for which the funds are to be applied are as follows:
Designated Funds
Major Works Fund
For any major works required to the centre building.
Restricted Funds
BBC Children in Need
We received a three year commitment from Children in Need to meet certain Specified centre salaries.
The North Staffordshire Hospital Children's Trust
This grant is to cover additional costs (mainly salary) over 3-4 years to enable the centre to increase
child numbers by 20.25 % and to enhance, where possible, support offered to the parent group.
Denise Coates Foundation
This grant is to fund the installation of an enhanced multisensory room, a hydro therapy spa and to
replace and upgrade our current computing systems.
The Fence Club Trust
These grants were to purchase children's equipment and toys.
The Edward Gostling Foundation
This grant is to provide equipment to support the centre's aims. The balan￿ was transferred to
"Other Funds" on l April 2023.
Olwen McPherson Trust
These grants were to purchase children's equipment and toys.
Boshier Hinton Foundation
To fund the purchase of a fold down changlng bed for our disabled toilet.
Foyle Foundation
To assist the funding of a new outdoorleducation area.
Bally Thoma5 Charitable Fund and Masonic Charitable Trust
These grants were to Support specific nursery centre staff costs.
Playground Project
A number of grants were received to fund the creation of a new outdoor play/education area. These
included the Olwen McPherson Trust, Foyle Foundation, Denise Coates Foundation and a number of
other funders who donated £5,000 or less. The transfers within restricted funds amalgamate the
Playground Project funding into one fund.
Page 28

The Peter Pan Centre Ltd
Notes to the Financial Ststements for the Year Ended 31 October 2024
The National Lottery Community Fund
This 3 year grant is to fund both salary and core costs to enable us to delver our eady education
service and to expand our family support service, increasing the number of unique children and
families we support.
The Henry Smlth Charity
This 3 year grant is to part fund the salary costs of the Centre Manager and Family Support Manager
to develop the service, and to introduce a new CRMlenquiry management system.
Groundwork UK
This grant is to fund upgrading of the heating and lighting within the bulldlng.
st James's Place Charitable Foundation
This grant is to fund salary costs of an Early Years Specialist Practioner for one year.
other funds
Includes restritted grants and donations, individually under £5,000, which cover the purchase of small
capital items or Specific centre costs.
23Analysis of net assets between funds
Total funds
at31
October
2024
Unrestricted funds
General
Designated
Restrirted
funds
Tangible fixed a55ets
Fixed asset investments
Current assets
Current liabilities
7,178
51,176
37,572
69,984
77,162
51,176
180,195
35,000
107,623
Total net assets
101260
225 116
Total funds
at31
October
2023
Unrestricted funds
General
Designated
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
1,375
119,971
72,006
88,448
73,381
243,419
35,000
Total net assets
112 754
120 179
267 933
Page 29

The Peter Pan Centre Ltd
Notes to the Financial Statements for the Year Ended 31 October 2024
24 Related party transactions
The aggregate total of donations received from trustees and related parties in the period was £1,830
(2023: £11,050).
Page 30