Plympton St Maurice Childcare Centre
Trustees' report and financial statements
for the year ended 31 March 2025
Charity number: 1153962
Plympton St Maurice Childcare Centre
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 |
| Independent examiners' report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 11 |
Plympton St Maurice Childcare Centre
Legal and administrative information
Charity number 1153962 Business address Plympton Hill Plympton St Maurice Plymouth PL7 1UB Trustees Hannah Harvey (Chair - appointed 11[th] September 2023) Gemma Medicott (resigned 1[st] May 2024) Sarah Bean (resigned 25[th] November 2024) Becky Hart (resigned 25[th] November 2024) Helen Adkins Gemma Campbell (resigned 1[st] May 2024) Heidi Warren (resigned 18[th] September 2024) Lindsay Greenway (appointed 25[th] November 2024) Samantha Porteous (appointed 25[th] November 2024) Sophie Wingfield (appointed 25[th] November 2024) Accountants Best Accountancy Services (Plymouth) Ltd Unit 7 Seaton Business Park 36 William Prance Road Plymouth Devon PL6 5WR Bankers Lloyds Bank plc 8 Royal Parade Plymouth Devon PL1 1DS
Page 1
Plympton St Maurice Childcare Centre
Report of the Trustees For the year ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025. The trustees, who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Plympton St Maurice Childcare Centre is a registered charity, number 1153962. The charity was established on 26 September 2013 to provide quality, affordable childcare for children aged 3 months to 11 years, in a deprived pocket of the local community. The charity’s policy and general management of the Charity is directed by the management committee. The committee meet not less than four times a year. No remuneration is payable to officers of the charity. During the year in question the Charity continued to operate the pre-school with the wrap-around care facilities of a breakfast club, tea-time club, holiday play schemes and a baby unit. There have been no changes to policies since the previous year.
Objectives and activities
To enhance the development and education of children from the ages of 3 months and up to and including 11 years old in Plympton by offering appropriate play, educational and care facilities for children whatever their race, culture, religion, means or ability, in particular but not exclusively by:
- (i) Providing out of school clubs and holiday clubs for children up to the age of 11 years; and (ii) Providing a pre-school and nursery service
Statement of trustees' responsibilities
The trustees of Plympton St Maurice Childcare Centre are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures
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disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
.................................
Hannah Harvey
Page 2
Plympton St Maurice Childcare Centre
Report of the Trustees For the year ended 31 March 2025 Trustee
Page 2
Plympton St Maurice Childcare Centre
Independent examiner's report to the trustees on the unaudited financial statements of Plympton St Maurice Childcare Centre.
We report on the accounts of Plympton St Maurice Childcare Centre for the year ended 31 March 2025 set out on pages 2 to 11.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to:
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examine the accounts under section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission under
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section 145(5)(b) of the 2011 Act and
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to state whether particular matters have come to our attention
Basis of independent examiner's statement
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(i) which gives us reasonable cause to believe that in any material respect the requirements:
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to keep proper accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- (ii) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
Mr John Best On behalf of Best Accountancy Services (Plymouth) Ltd Licensed and regulated by the Association of Accounting Technicians Independent examiner
Page 3
Plympton St Maurice Childcare Centre
Statement of financial activities (incorporating the income and expenditure account)
For the year ended 31 March 2025
| Unrestricted 2025 funds Total Notes £ £ Incoming resources Incoming resources from generating funds: Voluntary income 2 475,781 475,781 Investment income 3 530 530 Furlough grants - - _ _ Total incoming resources 476,311 476,311 _ _ Resources expended Food and drink 4,115 4,115 Educational sessions 328 328 Staff costs 4 395,640 395,640 Nursing costs - - Premises cost 21,195 21,195 Accountancy fees 5,739 5,739 Legal and professional fees 220 220 Telephone and IT 2,062 2,062 Office expenses 3,058 3,058 Depreciation 528 528 Corporate clothing 290 290 Toys and equipment 4,984 4,984 General equipment 4,948 4,948 Equipment hire 2,460 2,460 Cleaning and waste disposal 7,110 7,110 Subscriptions and memberships 1,572 1,572 Training costs - - Staff welfare 577 577 Bank charges 91 91 Training Seminars 242 242 _ _ Total resources expended 455,159 455,159 _ _ Net incoming/(outgoing) resources for the year 21,152 21,152 Total funds brought forward 107,610 107,610 _ _ Total funds carried forward 128,762 128,762 |
2024 Total £ 428,865 500 - _ 429,365 _ 4,845 2,464 379,224 1,441 9,394 4,393 510 2,132 4,042 810 531 3,972 2,420 2,471 5,088 956 - - 155 - _ 424,848 _ 4,517 103,093 _ 107,610 |
|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All the above amounts relate to continuing activities.
The notes on pages 6 to 10 form an integral part of these financial statements.
Page 4
Plympton St Maurice Childcare Centre
Statement of financial activities (incorporating the income and expenditure account)
For the year ended 31 March 2025 Balance sheet
as at 31 March 2025
| Notes Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Net assets Funds 9 Unrestricted general funds Total funds |
2025 £ £ 17,335 11,166 107,583 _ 118,749 (7,322) _ 111,427 _ 128,762 _ 128,762 _ 128,762 |
2024 £ £ 15,952 15,563 82,322 _ 97,885 (6,227) _ 91,658 _ 107,610 _ 107,610 _ 107,610 |
|---|---|---|
The financial statements were approved by the trustees on ……………. and signed on its behalf by
.................................
Hannah Harvey
Trustee
The notes on pages 6 to 10 form an integral part of these financial statements.
Page 4
Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial 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 1 January 2015) - (Charities SORP (FRS 102)).
1.2. Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Investment income is included when receivable.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within the activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is received.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Page 6
Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
1.4. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
| Leasehold properties | - | No depreciation charged |
|---|---|---|
| School equipment | - | 20% straight line |
| Fixtures, fittings and equipment - | 20% straight line |
1.5. Defined contribution pension schemes
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
2. Voluntary income
| Income Fees Vouchers (Government) Baby Room Toddler and Pre-School Extended School Grants receivable Donations |
2025 Total £ 8,671 269,880 43,155 44,995 108,080 1,000 - _ 475,781 |
2024 Total £ 3,391 176,288 80,805 62,181 102,270 3,930 - _ 428,865 |
|---|---|---|
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Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
| 3. Investment income 2025 Total £ Bank interest receivable 530 _ 530 _ 4. Employees Employment costs 2025 £ Wages and salaries 371,174 Social security costs 18,735 Pension costs 5,731 _ 395,640 _ Number of employees The average monthly numbers of employees (including the trustees) during the year, calculated on full-time equivalents, was as follows: 2025 Number 21 |
2024 Total £ 500 _ 500 _ 2024 £ 357,294 15,898 6,032 _ 379,224 _ the basis of 2024 Number 23 |
|---|---|
Page 8
Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
5. Pension costs
The company operates a defined contribution pension scheme in respect of the employee. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and was as follows.
| 2025 £ Pension charge 5,731 _ Long Fixtures, 6. Tangible fixed assets leasehold Plant and fittings and property machinery equipment £ £ £ Cost At 1 April 2024 15,000 16,556 13,802 Additions - 1,383 535 Disposals - - - _ _ _ At 31 March 2025 15,000 17,939 14,337 _______ _______ _______ Depreciation At 1 April 2024 - 16,189 13,224 Charge for the year - 389 139 Disposals - - - _ _ _ At 31 March 2025 - 16,578 13,363 _______ _______ _______ Net book values At 31 March 2025 15,000 1,361 974 _ _ _ _ At 31 March 2024 15,000 367 585 |
2025 £ Pension charge 5,731 _ Long Fixtures, 6. Tangible fixed assets leasehold Plant and fittings and property machinery equipment £ £ £ Cost At 1 April 2024 15,000 16,556 13,802 Additions - 1,383 535 Disposals - - - _ _ _ At 31 March 2025 15,000 17,939 14,337 _______ _______ _______ Depreciation At 1 April 2024 - 16,189 13,224 Charge for the year - 389 139 Disposals - - - _ _ _ At 31 March 2025 - 16,578 13,363 _______ _______ _______ Net book values At 31 March 2025 15,000 1,361 974 _ _ _ _ At 31 March 2024 15,000 367 585 |
2024 £ 6,032 _ Total £ 45,358 1,918 - __ 47,276 _ 29,413 528 - 29,941 17,335 ___ 15,952 |
|---|---|---|
| _ | ||
| _ |
Page 9
Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
7. Debtors
| Trade debtors Prepayments 8. Creditors: amounts falling due within one-year Trade creditors Other taxes and social security Pension Accruals and deferred income 9. Analysis of net assets between funds Fund balances at 31 March 2025 as represented by: Tangible fixed assets Current assets Current liabilities |
2025 £ 9,058 2,108 __ 2025 £ 267 61 1,003 5,997 _ 7,322 2025 £ 17,335 118,749 (7,322) ____ 128,762 |
2024 £ 15,563 - __ 2024 £ 267 3,441 1,079 1,440 _ 6,227 2024 £ 15,952 97,885 (6,227) ____ 107,610 |
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Page 10
Plympton St Maurice Childcare Centre
Notes to the financial statements for the year ended 31 March 2025
| 10. Unrestricted funds General Funds |
At At 1 April Incoming Outgoing 31 March 2024 resources resources 2025 £ £ £ £ 107,610 476,311 455,159 128,762 |
|---|---|
Page 10
Plympton St Maurice Childcare Centre
The following pages do not form part of the statutory accounts.
Plympton St Maurice Childcare Centre
Detailed statement of financial activities
For the year ended 31 March 2025
| Incoming resources Voluntary income Income Fees Vouchers (Government) Baby Room Toddler and Pre-School Extended School Grants receivable Donations Investment income Bank interest receivable Grants JRS Grants Total incoming resources |
2025 £ 8,671 269,880 43,155 44,995 108,080 1,000 - _ 475,781 _ 530 _ 530 _ - 476,311 |
2024 £ 3,391 176,288 80,805 62,181 102,270 3,930 - _ 428,865 _ 500 _ 500 _ - 429,365 |
|---|---|---|
Plympton St Maurice Childcare Centre
Detailed statement of financial activities
For the year ended 31 March 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Resources expended | ||||
| Costs of generating funds | ||||
| Activities undertaken directly | ||||
| Food and drink | 4,115 | 4,845 | ||
| Educational sessions | 328 | 2,464 | ||
| Wages and salaries | 371,173 | 357,294 | ||
| Employers NI | 18,735 | 15,898 | ||
| Pension costs | 5,731 | 6,032 | ||
| Corporate clothing | 290 | 531 | ||
| Rates and water | 2,422 | 1,232 | ||
| Light and heat | 4,665 | 7,735 | ||
| Premises maintenance | - | - | ||
| Premises security | 219 | 427 | ||
| Toys and equipment | 4,471 | 3,701 | ||
| General equipment | 4,948 | 2,420 | ||
| Equipment hire | 2,460 | 2,471 | ||
| Insurance | 1,492 | 1,570 | ||
| Accountancy fees | 5,739 | 4,393 | ||
| Legal and professional fees | 220 | 510 | ||
| Nursing costs | - | 1,441 | ||
| Telephone and internet | 2,062 | 2,132 | ||
| Advertising | 343 | 851 | ||
| Printing, postage and stationery | 877 | 538 | ||
| Computer costs | 346 | 1,083 | ||
| Cleaning and waste disposal | 7,110 | 5,088 | ||
| Subscriptions and memberships | 1,572 | 956 | ||
| Depreciation school equipment | 389 | 575 | ||
| Depreciation fixtures and equipment | 139 | 235 | ||
| Loss on disposal of assets | - | - | ||
| Training costs | 242 | - | ||
| Staff welfare | 577 | - | ||
| Bank charges | 91 | 155 | ||
| Donations | - | - | ||
| Sundry expenses | 515 | 271 | ||
| Rent | 13,888 | - | ||
| _ | _ | |||
| 455,159 | 424,848 | |||
| _ | _ | |||
| Total costs of generating funds | 455,159 | 424,848 | ||
| _ | _ | |||
| Net incoming/(outgoing) resources for the year | 21,152 _ |
4,517 _ |