**To** 

## **Trustees' Annual Report for the period** 

Period start date Period end date 01 09 2023 31 08 2024 

**From** 

## Section A                        Reference and administration details 

**Charity name** 

Pippins Pre School (Crediton) Limited 

**Other names charity is known by** PIPPINS PRE SCHOOL AND NURSERY 

|**Trustee name**|**Office (if any)**|**Dates acted if not for**<br>**whole year**|**Name of person (or body) entitled**<br>**to appoint trustee (if any)**|
|---|---|---|---|
|Mrs Sharleen Treen|Manager||_Pippins Pre School AGM_|
|Kathy (Katherine)<br>Cracknell|Chairperson & Safeguarding<br>Lead||_Pippins Pre School AGM_|
|Emma Rundle|Vice Chairperson||_Pippins Pre School AGM_|
|Amy Adkin|Treasurer||_Pippins Pre School AGM_|
|Alexa Mototolea|Fundraising Lead||_Pippins Pre School AGM_|
|Carol Bergin|Secretary||_Pippins Pre School AGM_|
|Nigel Cooper|Health & Safety Officer||_Pippins Pre School AGM_|
|Laura Crang|||_Pippins Pre School AGM_|
|Jacquline Hinson-<br>Thomas||27/06/2024 – current|_Pippins Pre School AGM_|
|10||||
|11||||
|12||||
|13||||
|14||||
|15<br>|||~~—~~|
|16<br>|||~~—~~|
|17<br>|||~~—~~|
|18<br>|||~~—~~|
|19<br>|||~~—~~|
|20<br>~~=a~~|~~=a~~|~~=a~~|~~=a—~~|



March **2012** 

**TAR** 

1 



|**Names and addresses of advisers (Optional information)**<br>**Type of adviser**<br>**Name**<br>**Address**|**Names and addresses of advisers (Optional information)**<br>**Type of adviser**<br>**Name**<br>**Address**|**Names and addresses of advisers (Optional information)**<br>**Type of adviser**<br>**Name**<br>**Address**|
|---|---|---|
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
||||
|**Section B              Structure, governance and management**|||



## **Description of the charity’s trusts** 

Type of governing document Charities Commission Standard Constitution (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company) Company limited by guarantee Trustee selection methods Appointed by Trustees and customers and elected at AGM, or co-opted by (eg. appointed by, elected by) Trustees, if during the year. **Additional governance issues (Optional information)** You **may choose** to include Please refer to all policies on our website: www.pippinspre-school.co.uk. additional information, where relevant, about: • policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them. 

March **2012** 

**TAR** 

2 



## **Section C                    Objectives and activities** 

Full day care nursery and pre-school delivering high quality care and education. At Pippins children learn in a stimulating, safe and curious environment where **Summary of the objects of the** activities are provided to support all areas of the EYFS. **charity set out in its governing document Summary of the main** Delivering high quality care and education and giving employment **activities undertaken for the** opportunities to the local community through our thorough recruitment **public benefit in relation to** procedure.  We accept the Early Years Funding either 15/30 hours or **these objects (include within** stretched as well as 2 year old funding, and the new Government funding **this section the statutory** for children aged 2 years. **declaration that trustees have** We are also accepting the new Government funding for children aged **had regard to the guidance** from 9 months **issued by the Charity Commission on public benefit) Additional details of objectives and activities (Optional information)** You **may choose** to include £10 per person Trustee Director liability.  They are volunteers who attend further statements, where meetings (face to face or virtual) and support the running of the setting. relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 

## Section D                      Achievements and performance 

**Summary of the main achievements of the charity during the year** 

- We are running at full capacity and have a waiting list. 

- We have continually improved our setting with new equipment and resources 

- Hold numerous fundraising events/activities raising money for new toys and resources. And we now have a group of volunteers for our fundraising committee. 

- We continue to provide high quality childcare supporting the children’s development and learning. 

- Providing training opportunities for all staff to develop their CPD. 

March **2012** 

**TAR** 

3 



**Section E                    Financial review** 

Pippins has built up its reserve account this year and it is primarily for our **Brief statement of the** contingency fund which covers the setting in the event of closure. **charity’s policy on reserves Details of any funds materially** None – not applicable. **in deficit** 

## **Further financial review details (Optional information)** 

You **may choose** to include additional information, where relevant about: 

- the charity’s principal sources of funds (including any fundraising); 

- how expenditure has supported the key objectives of the charity; 

- investment policy and objectives including any ethical investment policy adopted. 

## **Section F                     Other optional information** 

## **Section G                    Declaration** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s)** 

**Full name(s) Position (eg Secretary, Chair, etc) Date** 

March **2012** 

**TAR** 

4 



Registration number.. 08538426
Pippins Pre School (Crediton)
(A company limited by guarantee)
Annual Report and Unaudited Financial Statements
for the Year Ended 31 August 2024
SLqpletons
Chartered Certified Accountants
4 Market Street
Crediton
Devon
EX17 2AJ

Pippins Pre School (Crediton)
Contents
Company Infonnation
Accountants, Report
Profit and Loss Account
Balance Sheet
4t06
Notes to the Unaudited Financial Sthiement5
Detailed Profit and Loss Account
7t09

Pippins Pre School (Crediton)
Company Information
Directors
Mrs K Cracknell
Mrs A Adkin
Mrs A O E Mototolea
Ms G M Martin
Mr N H Cooper
Ms J Hinson-Thomas
Ms C Bergin
Ms L Crang
Ms E L Rundle
Miss S Treen
Company secret2ry
Ms C Bergin
Registered office
Market Square House
Market Street
Crediton
EX17 2BN
Aecountants
Stapletons
Chartered Certified Accountants
4 Market Street
Crediton
Devon
EX17 2AJ
Page I

Chartered Certified Accountants, Report to the Board of Directors on the Preparation
of the Unaudited Statutory Accounts of
Pippins Pre School (Crediton)
for the Year Ended 31 August 2024
Tn order to assist you to ￿lfIl your duties under the Companies Act 2006, we have prepared for your approval
the accounts of Pippins Pre School (Crediton) for the year ended 31 August 2024 as set out on pages 3 to 6 from
the company's accounting records and from information and explanations you have given us.
As a practising member finn of the Association of Chartered Certified Accountants, we are subject to its ethical
and other professional requirements wbich are detailed at
https'.Ilwww.accaglobal.conVgb/enlmemberlstandards/rules-and-standards/rulebook.html .
This report is made solely to the Board of Directors of Pippins Pre School {C.rediton), as a body, in accordance
with the temis of our engagement letter. Our work has been undertaken solely to prepare for your approval the
accounts of Pippins Pre School (Credilon) and state those matters that we have agreed to state to the Board of
Directors of Pippins Pre School (Crediion). as a Ix)dy. in this report in accordance with the requirements of the
Association
Chanered
Certified
Accountants
as
detailed
at
http'.l/www.accaglobal.comlgblen/technical-activities/technical-resources-search120091
octoberlfactsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than Pippins Pre School (Crediton) and its Board of Directors as a body
for our work or for this report.
It is your duty to ensure that Pippins Pre School (Crediton) has kept adequate accounting records and to prepare
statutory accounts that give a true and fair view of the assets, liabilities, fmancial position and proflt of Pippins
Pre School (Crediton). You consider that Pippins Pre School (Crediton) is exempt from the statutory audit
requirement for the year.
We have not been instructcd to carry out an audit or a revie￿.- of the accounts of Pippins Prc School (Crcditon).
For this rcason, wc have noi verificd the accuracy or compleicness of the accounting records or infonnation and
explanations you have given to us and iyc do not. therefoic. express any opinion on the statutory accoLmts.
Stapletons
Chartered Certified Accountant5
4 Market Street
Crediton
Devon
EX17 2AJ
16 Octobcr 2024
Page 2

Pippins Pre School (Crediton)
Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnovcr
527,333
452,036
Other income
1.050
638
Staff costs
{442,202)
(378.948)
Other charges
(72.219)
(66,780)
Surplus for the year
13,962
6.946
Page 3

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
2024
2023
Current assets
113,996
104,011
Prepayments and accrned income
5,019
3,275
Credilors: An]ounls falling due within one year
(2,451)
(4,684)
116,564
102,602
Rcscrvcs
16,564
102,602
Page 4

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
l General information
The company is a Lompany limited by guarantee. in¢oTPOTated in England and Wales, and consequently does
not have shaTe capital. EdLh of the members is liable to Contribute an amount not exceeding £10 towards the
assets of the company in the ¢venl of liquidation.
The address of its registered office is=
Market Square House
Market Street
Crediton
EX17 2BN
These financial statements were authorised for issue by the Board on 16 October 2024.
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS
105 'The Financial Reporting Standard applicable to the Micro-enlities Regime,.
2 Staff numbers
The average number of persons employed by the company (including directors) during the year, was 28 (2023 -
27).
For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relaking to small companies.
Dir¢¢tors' r¢sponsibiliti¢s'.
The members have not required the company to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknow'ledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
Page 5

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
Thc8c financial statemcnts have bcen prepared in accordance with the micro-entity provisions of the Companics
Act 2006 and dclivered in accordancc with thc provisions applicablc to companics subject to the small
companics rcgime.
Approved and authorised by the Board on 16 October 2024 and signed on its behalf by..
Mrs K Cracknell
Director
Mrs A Adkin
Director
Mrs A O E Mototolea
Director
Ms C Bergin
Company secretary and director
Page 6

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnovcr (analyscd bclow}
527,333
452,036
Gross surplus (°/0)
IdU¥v
Administrative expenses
Employment costs (analysed beloTh')
Establislllnent costs (analysed below)
General administrative expenses (analysed below)
Finance charges (analysed below)
(442,202)
(31,128}
(39,970}
11 101}
(378.948)
(28,503)
(37,333)
(944)
(445,728)
(514,401)
Opcrating surplus
Other interest receivable and similar income {analysed below)
Interest payable and similaT Charges (analysed below)
12,932
1,050
(20}
6,308
638
1.030
638
Surplus before tax
13,962
6,946
This page does not form part of the statutory finrmcial statements.
Page 7

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnover
Fe¢s
DCC/EaTly years funding
FundTaising
Donations
Uniform sales (children)
Sundries
Apprentice grant
332,655
188,317
4.041
120
28
.172
1,000
279,516
163,005
3,154
5.684
97
80
500
527,333
452,036
Employment eosts
Wages and salaries
Staff NIC (Employers)
Staff pensions
Training
{419,123)
(15,226)
(5,678)
12,175)
(363.717)
(12,005)
(3,226)
(378,948)
(442.202)
Establishment costs
Rent
Business rates
(14,922}
(799)
(1.613)
(5.825)
(4.158}
(1,489}
(2,322}
(13,463)
(590)
(1,802)
(5,664)
(3,872)
(1,124)
(1,988)
Water rates
Electricity and gas
Insuran¢¢
Electrical PAT testing and fire service
General property repairs and renewals
(31,128}
(28,503)
General administrative expenses
Telephone and internet
Photocopier rental
Computer software
Postage and stationery
Consumables
Staff and children5 uniform
Toys and equipment
Miscellaneous items
Cleaning
Fundraising costs
Advertising
Accountancy fees
Ofsted fees
DBS checks
(1.627)
(972)
(1.577}
(623)
(8,910}
(906)
(5,847}
(3,090)
(10,225)
(455)
(514)
(910)
(255)
(64}
(1,356)
(1,028)
(1,326)
(935)
(7,168)
(449)
(7,070)
(3,211)
(7,313)
(492)
(641)
(927)
(255)
(156)
This page does not form part of the statutory finrmcial statements.
Page 8

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Legal and professional fees
Bad debts ThTitten off
(3,995)
(4,714)
292
(39,970}
(37,333)
Finance charges
Bank charges
(I,ioi}
(944)
Other interest receivable and similar income
Bank interest receivable
1,050
638
Interest pa)'able and similar expenses
OtheT interest payable
(20}
This page does not form part of the statutory finrmcial statements.
Page 9

Registration number.. 08538426
Pippins Pre School (Crediton)
(A company limited by guarantee)
Annual Report and Unaudited Financial Statements
for the Year Ended 31 August 2024
SLqpletons
Chartered Certified Accountants
4 Market Street
Crediton
Devon
EX17 2AJ

Pippins Pre School (Crediton)
Contents
Company Infonnation
Accountants, Report
Profit and Loss Account
Balance Sheet
4t06
Notes to the Unaudited Financial Sthiement5
Detailed Profit and Loss Account
7t09

Pippins Pre School (Crediton)
Company Information
Directors
Mrs K Cracknell
Mrs A Adkin
Mrs A O E Mototolea
Ms G M Martin
Mr N H Cooper
Ms J Hinson-Thomas
Ms C Bergin
Ms L Crang
Ms E L Rundle
Miss S Treen
Company secret2ry
Ms C Bergin
Registered office
Market Square House
Market Street
Crediton
EX17 2BN
Aecountants
Stapletons
Chartered Certified Accountants
4 Market Street
Crediton
Devon
EX17 2AJ
Page I

Chartered Certified Accountants, Report to the Board of Directors on the Preparation
of the Unaudited Statutory Accounts of
Pippins Pre School (Crediton)
for the Year Ended 31 August 2024
Tn order to assist you to ￿lfIl your duties under the Companies Act 2006, we have prepared for your approval
the accounts of Pippins Pre School (Crediton) for the year ended 31 August 2024 as set out on pages 3 to 6 from
the company's accounting records and from information and explanations you have given us.
As a practising member finn of the Association of Chartered Certified Accountants, we are subject to its ethical
and other professional requirements wbich are detailed at
https'.Ilwww.accaglobal.conVgb/enlmemberlstandards/rules-and-standards/rulebook.html .
This report is made solely to the Board of Directors of Pippins Pre School {C.rediton), as a body, in accordance
with the temis of our engagement letter. Our work has been undertaken solely to prepare for your approval the
accounts of Pippins Pre School (Credilon) and state those matters that we have agreed to state to the Board of
Directors of Pippins Pre School (Crediion). as a Ix)dy. in this report in accordance with the requirements of the
Association
Chanered
Certified
Accountants
as
detailed
at
http'.l/www.accaglobal.comlgblen/technical-activities/technical-resources-search120091
octoberlfactsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than Pippins Pre School (Crediton) and its Board of Directors as a body
for our work or for this report.
It is your duty to ensure that Pippins Pre School (Crediton) has kept adequate accounting records and to prepare
statutory accounts that give a true and fair view of the assets, liabilities, fmancial position and proflt of Pippins
Pre School (Crediton). You consider that Pippins Pre School (Crediton) is exempt from the statutory audit
requirement for the year.
We have not been instructcd to carry out an audit or a revie￿.- of the accounts of Pippins Prc School (Crcditon).
For this rcason, wc have noi verificd the accuracy or compleicness of the accounting records or infonnation and
explanations you have given to us and iyc do not. therefoic. express any opinion on the statutory accoLmts.
Stapletons
Chartered Certified Accountant5
4 Market Street
Crediton
Devon
EX17 2AJ
16 Octobcr 2024
Page 2

Pippins Pre School (Crediton)
Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnovcr
527,333
452,036
Other income
1.050
638
Staff costs
{442,202)
(378.948)
Other charges
(72.219)
(66,780)
Surplus for the year
13,962
6.946
Page 3

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
2024
2023
Current assets
113,996
104,011
Prepayments and accrned income
5,019
3,275
Credilors: An]ounls falling due within one year
(2,451)
(4,684)
116,564
102,602
Rcscrvcs
16,564
102,602
Page 4

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
l General information
The company is a Lompany limited by guarantee. in¢oTPOTated in England and Wales, and consequently does
not have shaTe capital. EdLh of the members is liable to Contribute an amount not exceeding £10 towards the
assets of the company in the ¢venl of liquidation.
The address of its registered office is=
Market Square House
Market Street
Crediton
EX17 2BN
These financial statements were authorised for issue by the Board on 16 October 2024.
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS
105 'The Financial Reporting Standard applicable to the Micro-enlities Regime,.
2 Staff numbers
The average number of persons employed by the company (including directors) during the year, was 28 (2023 -
27).
For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relaking to small companies.
Dir¢¢tors' r¢sponsibiliti¢s'.
The members have not required the company to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknow'ledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
Page 5

Pippins Pre School (Crediton)
(Registration number: 08538426)
Balance Sheet as at 31 August 2024
Thc8c financial statemcnts have bcen prepared in accordance with the micro-entity provisions of the Companics
Act 2006 and dclivered in accordancc with thc provisions applicablc to companics subject to the small
companics rcgime.
Approved and authorised by the Board on 16 October 2024 and signed on its behalf by..
Mrs K Cracknell
Director
Mrs A Adkin
Director
Mrs A O E Mototolea
Director
Ms C Bergin
Company secretary and director
Page 6

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnovcr (analyscd bclow}
527,333
452,036
Gross surplus (°/0)
IdU¥v
Administrative expenses
Employment costs (analysed beloTh')
Establislllnent costs (analysed below)
General administrative expenses (analysed below)
Finance charges (analysed below)
(442,202)
(31,128}
(39,970}
11 101}
(378.948)
(28,503)
(37,333)
(944)
(445,728)
(514,401)
Opcrating surplus
Other interest receivable and similar income {analysed below)
Interest payable and similaT Charges (analysed below)
12,932
1,050
(20}
6,308
638
1.030
638
Surplus before tax
13,962
6,946
This page does not form part of the statutory finrmcial statements.
Page 7

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Turnover
Fe¢s
DCC/EaTly years funding
FundTaising
Donations
Uniform sales (children)
Sundries
Apprentice grant
332,655
188,317
4.041
120
28
.172
1,000
279,516
163,005
3,154
5.684
97
80
500
527,333
452,036
Employment eosts
Wages and salaries
Staff NIC (Employers)
Staff pensions
Training
{419,123)
(15,226)
(5,678)
12,175)
(363.717)
(12,005)
(3,226)
(378,948)
(442.202)
Establishment costs
Rent
Business rates
(14,922}
(799)
(1.613)
(5.825)
(4.158}
(1,489}
(2,322}
(13,463)
(590)
(1,802)
(5,664)
(3,872)
(1,124)
(1,988)
Water rates
Electricity and gas
Insuran¢¢
Electrical PAT testing and fire service
General property repairs and renewals
(31,128}
(28,503)
General administrative expenses
Telephone and internet
Photocopier rental
Computer software
Postage and stationery
Consumables
Staff and children5 uniform
Toys and equipment
Miscellaneous items
Cleaning
Fundraising costs
Advertising
Accountancy fees
Ofsted fees
DBS checks
(1.627)
(972)
(1.577}
(623)
(8,910}
(906)
(5,847}
(3,090)
(10,225)
(455)
(514)
(910)
(255)
(64}
(1,356)
(1,028)
(1,326)
(935)
(7,168)
(449)
(7,070)
(3,211)
(7,313)
(492)
(641)
(927)
(255)
(156)
This page does not form part of the statutory finrmcial statements.
Page 8

Pippins Pre School (Crediton)
Detailed Profit and Loss Account for the Year Ended 31 August 2024
2024
2023
Legal and professional fees
Bad debts ThTitten off
(3,995)
(4,714)
292
(39,970}
(37,333)
Finance charges
Bank charges
(I,ioi}
(944)
Other interest receivable and similar income
Bank interest receivable
1,050
638
Interest pa)'able and similar expenses
OtheT interest payable
(20}
This page does not form part of the statutory finrmcial statements.
Page 9