Charity Number 1154205 STEPPING STONES CHILDCARE (CORNWALL) Annual Report and Unaudited Financial Statements For the year ended 31 st August 2024 Page 1 of 27
Ste in Stones Childcare Cornwall Financial Statements for the Year Ended 31st Au ust 2024 Contents Page 1 Cover She8t Page 2 Contents Page 3 Reference and Administratlon Delalls Pages4-8 Tnjstees, Report P8g8 9 Independent Examln6ls Report Page 10 Slalemenl of Financial Activities Pag811 Balance Shoet Page 12- 13 Note 1: Accounting Pollcies Page 14 Note 1.. Accounting Policles (Conl.) Note 2.. Voluntary Income Note 3.. Oth8r Aclivilies Page 15 Note 4: Investmenl In¢ome Nol6 5: Incomlng Rosources from Charltab58 Activities Note 6: Other Income Nola 7.. Net IncomelExpendllure for the Year Note 8.. Cost of Raising Funds Page 16 Note 9: AnaWsls of Expendlture on Charitable Acllvlties and support ¢osl allocations Note 10: Staff Costs Note 11: Payments lo Trustees Page 17 Note 12- Tangible Fixed Assets Note 13.. Debtors: Amounts falllng due within one year Page 18 Note 14.. Cfedltors.. Amounts falllng due wllhln one year Note 15: Deferred Income Page 19 Note 16.. Movemenls in Restricted and Unrestrlcied Funds Page 20 Nole 17: Analysis of Nel Ass8ls between Funds Note 18: Related Party Transactions Note 19.. Operating Lease Commilmants Note 20.. Full Analysis Page 2 of 27
ste in Stones Childcare Cornwall Reference and Administration Details of the Chari Trustees Senior Mana Advisors ement Team and Trustees Gayle Owen, Chair Terrie Lee, Assistant Secrelary Melanle Rlckard Joanne Crompton - resigned 28.02.2024 Laura Mitchell Laura Hare Leah Orme-Thompson, Secr81ary Emma Rowett- Resigned 04.10.2023 James Double - Appoinle.d 28.02.2024 Fern Mackenzie - Appointed 24.04.2024 Senior Mana ement Team Julle Double Gill Bale Charlotte Pascoe Manager Business Manager (Left 30.06.2024) Depuly ManagerlSENCo Charit Number 1154205 Princi al Offlce Address 12-14 Wesley Place St Austell PL25 4QA Inde endent Examiner Phillips Frith LLP 9 Tregarne Terrace Sl Austell PL25 4DD Bankers National Weslmlnster Bank plc 1 Church Street Sl Austell Cornwall PL25 4AW Page 3 of 27
ste in Stones Childcare Cornwall TRUSTEES. REPORT The Truslees presenl their annual report together with the financlal statements and Independent examiner's report for the year ended 31 st Au9usI 2024. The 8ccounts have been prepared in acLordance with Ihe accounting wlÉcies sel out In note 110 the accounls and oomply wllh the Charity's goveming document. the Charities Act 2011 and "Accounting and Reporting by Chari118S'. stalement of Racommended pracce applicable to charities preparing their accounls In accordanc@ with the Financlal Reportlng Standard applicable in the UK and RepubllG of Ireland {FRS 1021" (as amended for aGGounting periods commencing from 1 January 20161. STRUCTURE, GOVERNANCE AND MANAGEMENT Constltutlon The Charity is a Charilable Incorporated Organisation govemed by a constitution approved by the CharSly Commlsslon following ils registration on 15th October 2013. There ara no restrlclions in the governing document on Ihe operallon of the Charlly or on Its Investment powers, other Ih8n Ihose imposed by gen8ral charity law. The Charltyls govomed by a committee of up to 12 Iruslees of whom al least one must b8 a parent. ¢arer or family membar of a chlld r8gislered to use ils SeCes. Delalls of Ihe Tnjslees who seryed throughout the year. the charity number and principal offlce address are Induded In th8 Roferene6 and Admlnislralion DelaS15 on pag8 3. ustees, Indemnities In accordance with normal commerclal practice, the Charity has purchased insurance lo prot8cl Trustees and offlcers from claims arlslng from negligent acts. errors or omissions occurring whilst on Charity buslness. The insuranG8 provides cover up lo £S00.000 on any one claim. Method of recrultme tanda olntment or electlon of Trustees When appolnting now Tru8lees, the Board 11 glve consideralion lo the skllls and 6xparlence of existing Trustees In ordor lo ensure Ihal the Board has Ihe requlsi18 mlx of skllls lo conlrlbule fully lo the ChaTliy's development. Policiès and Procedures ado ted for the Induction and Tralnln of Trustees The Iralnln9 and Snducllon provlded for new Truslees wlll depend upon thelr exlsllng experlence bul would always include a tour of Ihe sè.Ilings and a chance lo rneel slaff and ohildren. All Trustees 3re provideij wth copies of pollcles, procedures, mlllules, accounts, budgets, plan8 and olher documents that they wlll need to undertake Iheii role as Trusl88s. Induction lends lo be Informal and Is tailored specifically to the indlvldu81. Trustees are encourydgad lo allend external Ir81nlng courses lo enhance their skllls and understanding. Or anisatlonal Structure The Board of Trustees normally meets at least once eath half lemi. The Truste85 are responsible for selllng general pdicy. approving Ihe statutory accounts, monltorSng the CharSty by the use of budgets and other data, and making slraleglc dAs1OnS about the dlreclion of th8 Charity. capital expendllur8 and staff 8ppoinlments and remuneration. The Trustees have devolved responsibility for day lo day managemenl of the Charity to the Senior Management Team ISMT). The SMT comprises Ihe Manager and Deputy Manager. The SMT implem8nl the policies laid down by the Truslees and report back lo them on performance. The airn of thè leadership slruclure is lo devoEve responsibility and encourage involvement In decision maklng at all levels. Page 4 of 27
ste in Stones Childcare Cornwall TRUSTEES. REPORT OBJECTIVES AND ACTIVITIES Ob ects and Alms The pdncipal object and aGlivily of the Charlly Is to advance pre-school education for the public benefit in Cornwall. in particular by eslabllshing. mainlalnlng, suslainlng, managing and developlng pre-school and childcare facili1Ses. As such it provides educ8tion for children below compulsory s¢hool age in two sellings in St Auslell, Cornwall., Mounl Charles and at Scol Kens8, Carclaze. The aims of Ihe Charity are summarised below.. To offer approprfate play. educallon and care lacllllies, family le8ming and extended hours groups, logether wlth the rfghl of parents lo take responslbility for and lo become involved in the aclivilies of s¢Jch groups, ensuring that such groups offer opportunltles for all chlldren whatever Ihoir rac8, culture, religion, means or abllity. Encouraglng th8 Study of the needs of such childr8n and their famllles and promollng publlc interest In and recognilion of such needs in the local areas. Inslig81ing and adhering lo and furtherlng Ihe aims and oblecis of the Earfy Years Alllance. rhe Charity is a community in whlch children. slaff and p8r8nls should be part of a happy and c8rlng environment, Ob ectivas Strate les and Activities DurSng the year ended 31 sl August 2024, the charity a5med to.. Support familles by provldlng 8 safe envlronmenl In whlch chlldren are cared for and educated. Provlde le8rnlng opportunitles and ideas to engage children and lo suppori lamilies al home. Increase awareness of the charity and potential occupancy by malnlalnlng an onllne presence. In partlcu18r by uslng social media as a markellng and 8dvertlslng tool. Explore Ideas lo increase occupancy levels pawng particular allenllon to famllies In need. Continue lo Implement budgeiary controls to minimise Ihe impacl of Increasing slathng costs, Resume pr8-covSd level relalionshlps with local primary school lo enable the -hildren's Iransiilon process lo school lo be as smoolh as possible. MalnlaSn and develop good professlonal relallonshlps with oulside agencles, professional bodles and lo be Involved wllh childcare Improvement campaigns on 8 local lavel. Mainlaln and develop a good level ol expertise amongst slaff and encourage contlnuous professlonal development. Publlc Benellt The Trustees confirm Ihal they have complied wilh the duty of the Charities Act 2011 to have due re9ard lo the Charity Commissionerfs general guidance on public benefll in exercising their powers or dutles. They have referred lo Ihls guidance when reviewing Ihe Charity's aims and objectives and In planning ils fulure aclivilies. The Charlty alms to advance for the public benefil. pre-school educ811on in St Austell and the surroundlng area, In particular, but without prejudice lo the generality of the loregolng by eslablishing, mainlalning, mana9ing and devoloping pre-schools offering affordable chlklcare ServIS. Page 5 of 27
ste in Stones Childcare Cornwall TRUSTEES. REPORT Achlevements and Performance This year has proved lo be challenging. An overspend on stafflng due to wage increases and low levels of booked attendance have resulled In a poor year financially. Although il was planned lo use some reserves lo fund the wage Increases Sn advance of the expecled funding rale rise. it Vas unfortunately also necessary to Use reseeS lo cover day to day expenses meaning a large proportion of lh8 charilvs reserves have been depleted. Government fundlng continued to be pald by our local aulhorily. The 10181 received was over £40.000 hlgher than the prevlous year and this represents a 15% Increase and Is due lo an uptake of funded places during the year, The funding recelved to support ¢hildr8n with additional needs has deGreased Ihis year as Ihe funding was harder lo achleve. Reeruitmenl of qualified staff continues to b8 challenglng. Research suggests that thgre are fewer quallfiad staff in the industry and those remalnlng are reluctant to mova lo a new eslablishmenls. Alongslde supporting several members of staff lo study towards Level 3 qualifications, tho Truslees agreed lo increase wages ahead of and Sn excess of the minlmum wage increases in Aprll 2024. This achleved Its alm and new qualified tnemb&rs of slaff were recruited. Full Ofsled Inspections wer8 carrled out al boih s8ttings in thls financlal year. Mounl Char188 was Insp8clad September 2023 and was rated "Good" Scol Kensa was inspecled in April 2023 an(i rated 'Good" Recommendations for improv&m8nls at both selllngs hav& been noted and acled upon accordingly. Conlinulng professlonal development fof Staff Is 8ncourag8d. All chlldcare staft hold a current paedialiic fiisl ald C8rt111cale 8nd a food hygiene certlficate whlch need lo be renewed every 3 years. They are fully up to d81e In Ihelr knowledge of Early Years Foundation Slag8 r8quir6m8nl8. This Is achieved through a comblnallon of pracll¢al and onllne Iralnlng methods. The Gharlly Is bulldlng relationships agaln belween local school's and arangemenls supportlng the children's Iranslllon to sohool have been resumed. During the year, ihe Charity's fundralslng acllvi1185 raised £3,693 (2023: £2.763). Costs of £480 {2023: £340) were Incurred leavlng a nel profil of £3,213 {2023.. £2.423). Our biggesl annual fundraising event, Party In the Park look place in May 2024 and generaled funds of £2,219 wlth low expenses of£365, an Improvemenl on the previous year which was still leellng the effects of the Covld-19 pandemic. Fundralslng has Improved on the prior y8ar, with Increased allendence and irylng other fundralslng acliviLe5 such as breakfast with Santa. a Halloween Party and an event al Kldzworld. Goln Concern After maklng appropriale enqulries, the Board of Trus18es has a reasonable expectatlon Ihal Ihe Charlly has adequate resources to continue in operaLlonal exlslence for Ihe foreseeable fulure. The overspend on slaffing has been addressed and11 is therefore reasonable to adopt the going concern basis in preparing tha financlal slalèmenls. Page 6 of 27
Ste in Stones Childcare Cornwall TRUSTEES, REPORT Financial Review The malorlly of the Charftls income is obtained from the Local Authority In Ihe fomi of Nursery EduGalion Grant Funding for 3 & 4 year olds, 2 year old funding and from fees charged lo parents. Durlng Iha year ended 31st Augusl 2024, total Income of £420.799 {2023: £353,520) is reported against lolal expenses of £429,423 {2023'. £409,636) resulting in overall nel expenses of £8.624 {2023'. expenses £56,116). Wage8 continue to be a slgnificanl expense lo ihe chatlty. The truslees chose lo use some res6lV8s lo Increase wages abové national minlmum wage increases lo continue lo recwil and retaln qualified staff In a challenglng Early Years lob mark81. The Trustees have slnce acled lo increase Incoffle by making 9ranl applleallons so that care can be provlded from 9 months old, a new servlce planned lo start in 2025. At 31st August 2024, the nel book value of fixed asseis was £94,807 and movemenls In tangible fixed assets are shown In note 12 to Ihe financial stalemenls. Property Improvements al Scol K8nsa are being depreGiated over the 25 year lerm of the leas6. The18ase terms slat8 that the property Is lo be left as it was found and Iherefore improvemenls remain th8 property of the lenanl after the term of the lease, meaning depreclalion is appropri81e rather Ihan 8mortisabon. Thls ygar, £1,77712023: £2,558) of bad debls have been wrlllen off. This represents the comblned debt of 42 children for whom there is lillle likellhood of receing payment. Many of these bad debis relate lo Involces for sessions never attended or adminlstrative fees invoiced through Ihe sales syslem that were voluntary and Iherefore cannot be pursued, Voluntary charges are made when a chlld has a ftjlly funded place whlch has lo b8 offered wllh the oplion of no addlllonal cost. Wa have 8 compr8h8nsive system lo collect genuine oulstanding lees and aim lo minlmlse the perlod In whlch debi Is allowed to Increase. In cases where debi Is in excess of £100. we aim lo pursu8 Ihls through the small cla1ms court system. Rose Tho Trustees revlew the res8rve levels ol Ihe Charily annually. This review encompasses Ihe n81ure of income and axpendlturè streams, the need to match income with commitments and tha nature of reseN8s. The TNsle8s lake Into conslderatlon the future pl8ns of the Charlly, the unc6rtalnly over fulure Income streams and other key risks Idenllfied during the rlsk review. Th8 Trusl88s' long term aim18 to m8int8in reserves sufficlenl for redundancy and notice provislon and for large property repalrs. Thls has been calculated lo be In excess of £100,000 and the Trustees recognlse that It would be unrea115llc lo sel a res8rve of Ihls level in (he shorler term. 11 was therefore declded to work towards fre8 r8seNes of £60,000 by 2025. Al the beginning of thSs financlal year, there wera free reserves of £19,880 and a review wag p18nned lo increase tha provSous aim of £60,000 which had been exceeded. However, due lo a deficll Ihls flnancial yoar, free serveS have reduced lo £14,371 by the end of the y8ar. Therefore. il is ihe Trustee's aim lo build reserves back up lo the £60,000 level as soon as possible. Investment Pollc Due to the nature and timing of recelpt of funding, the Ch8rtty may at Ilmes hold cash balances surplus lo ils short lerm requlrem8nls. The Trustees have aulhorised the opening of addilional short lerm bank inveslment accounts lo take advantage of hlgher Inleresl rales. No olher form of invesimenl is aulhoris8d. Page 7 of 27
Ste in Stones Childcare Cornwall TRUSTEES, REPORT Rlsk Polic The Trustees have assessed the major risks lo which the Charity is exposed relaling lo its operations and finances and are satisfied that under tha present system in place there is no slgnificanl exposure. Related Part Transactlons Nong of the Trust88s rgcelve remunoralion or other benefit from Iheir work as truslees with the charlly {see note 11 for payments made lo Truslees). Truslees whose children are reglslered lo allend are aharged al the going rate. During the year ended 31 sl August 2024. no chlldren of Tnjstees allended and there were no invoices raised dung the year. Trusteas, Rè5 onslblllt Statement The Trustees are r85pon5ible for preparing the Truslee3' report and th8 financl81 slalements In accordance th 8ppllcable law and Unlted Kingdom Accounting Standards (United lQngdom Generally Accepled Accounting Pr8Gll¢el. The law appllcable lo charit188 Sn England & Wal&s requires the Truslees to prepare flnancial slalemenls for each linanclal year which glve a true and fair wew of the stale ol affalrs ol the charity and of the Incoming rosources and appllcalion of resources of the charlty for that perlod. In preparing Ihese flnancial slalemenls, the Trustees are required lo.. select suliable accounling pollcles and then pY them conslstenlty- observe the methods and prlnclples In Ihe Charities SORP., make judgments and accounting eslimales U)al 8r8 reasonabte and prudenl,. stale whether appllcable UK Accountlng Standards have been folk)wed, sublecl lo any malerlal departures dlsclosed and explained in the Ilnancial statements; prepar8 the fin8nclal slalemenls on the going concom basls unlass11 Is Inappropriale lo presume Ihal the charfly wlll conilnue In opèrallon. The Trustees are responsible for keeplng proper accounting records that ar6 sufficlent lo show 8nd 8xplain the ch8rity's Iransaclions and dlsGlose wllh reasonable accuracy al any tim8 the finan¢lal posilk)n of the Gharity and enablg them lo ensure that Ihe flnanclal slal8ments comply with tho Charilles Acl 2011. the Charity {AGcounls and Reports) Regulations 2008 and the provislons of the charily's conslilulion. They a also responsible for safeguardlng the assets of Ihe chadty and h8nc8 for taklng reasonable sleps f the prevenilon and detection of fraud and other Irregularities. Thls report was approv8d by Ihe Truslees on .& and signed on th?Ir behalf by.. Gayle Owen Chali Page 8 of 27
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STEPPING STONES CHILDCARE (CORNWALL) I report to the Truslees on my examination of the financlal slalemenls of Stepping Stones Chlldcaro (Comwalll for the yearended 31 August 2024. Thls raport is made solely lo Ihe Charltvs Trustees, as 2 body, in accordance wllh seclion 1 $4 of the Charflles Act 2011. My Ind8pand8nl examin8rfs work has been undertaken so that I might slate lo the Charivs Truslees those mallers l am required lo slate lo (hem in an Independ8nt examinerfs report and for no other purpose. To the fullest exlenl permltled by law, I do not accepl or assume responsibility to anyone other than Ihe Charily, the Charity's members as 3 body and the Charllvs Truslees a$ a body, for my Independenl examine¢s work, for Ihls report, or for the oplnlons I h8V8 formed. Responslbllltles and basls of report As Ihe Trustees of the Charity you are responslbl8 lor the pr8parallon of Ihe financlal stalemenls in accordanco wlth the requirements of the Charities Acl 2011 (the 2011 Acll. I report respect of my examlnallon of the Charity s fin8ncial statements carded out under section 145 of tha 2011 A¢1. In carrylng out my examln811on I have follow8d all tho applicable Diractions glven by tho Charily Commlsslon under section 14515)Ib) of the 2011 Act. Independent examlner's statement Your attention is dr8wn lo the lacl Ihal Ihe charity has prepared financial stalèm8nls in 8ccordance wllh Accotsnllng and Reporting by Charllies preparlng Ihelr accounts in accordance wllh the Financial Reporting Standard appllcable In the UK and Republlc ol Ireland (FRS 102) In pr6f8r8nce lo Ihe Accounting and Reporting by Chariil8s'. Slalemenl of Recommended Pr8cllce issued on 1 Aprfl 2Crf]5 thlch Is referred to in the extant regulallons but has now been wllhdrawn. l understand that IhSs has been done In order for fln8nc4al slalem8nls lo provld8 a irue and falr vlew in accordance with Generally Accepted Accounting Pracllce effectlve for reportlng periods beginning on or after 1 January 2015, I have completed my examlnalion. I conllrm Ihal no mallers have come lo my altenllon In conneGllon with the examin81ion glvlng me cause lo belleve Ihat in any material respect: 8ccounting records w8r8 Dot kept In respect ol ihe Charfly as requlred by seclion 130 of the 2011 Act; or 2. Ihe flnanclal slalemenls do not accord with Ihose records. or 3. Ihe flnancial slalements do not Gomply wilh the applicable requirements concemlng th8 form and content of accounls sel out in the Charllies (Accounts and Reports) Regulations 2008 other than any requiremenl that the aGcounls glve a true and fair vlew which is not a matter considered as part of an Independent examinallon. I have no concerns and have come across no other mallers in connection wilh the examinallon to whlch altenllon should bo drawn in Ihls report in Order to enable a proper underslanding of the financlal sla18ments lo be re8ched. Amy Sole FCA Dated: .a).IAltr£S Phlllips Frlth LLP g Tregariie Terrace Sl Auslell Cornwall, PL25 4DD Page g of 27
Ste In Stones Childcare Cornwall Statement of Financial Activities forthe Year Ended 31st Au ust 2024 Notes 2024 Unreslricled Restricted 2023 Total Income from: Donallons and grant fundlng Other activi116S Inveslm8nts Charllabl6 aclivitles Other Incom8 400 409 3,695 290 415.775 632 141 2,763 346 350.261 3.695 412.815 632 2,960 Total Income 417,441 3,360 420,801 353,520 Expendlture on: Costs of ralsing funds Charitable 2cllvilies 481 425,104 481 428,945 340 409,296 3,841 Total expendlture 425 585 3,841 429,426 409,636 Not (gxpendlturelllncome and net movement In funds {8,144) (4811 {8,6251 {56,1161 Total funds brought forward 110.125 7,678 117,803 173,919 Total funds carried forward 16 101,981 109,178 117,803 Page 10of27
ste in Stones Childcare Cornwall Balance Sheet as at 31st Au ust 2024 2024 2023 Notes FIXED ASSETS Tanglble ass8ls 12 94,807 97,924 CURRENT ASSETS Stock Debtors and Prep8ym8nts Cash al bank and in hand 1,149 9,807 85.302 96,258 1.060 11,742 35,371 48,173 13 CREDITORS Amuunls falllng due wilhln one year Credllors and ArualS 14 81,887 81.887 28.294 28,294 NET CURRENT ASSETS 14.371 19,879 NET ASSETS 109,178 117,803 CHARITY FUNDS 16 Unreslricled funds Reslricled funds 101.981 7,197 110.125 7,678 TOTAL FUNDS 109.178 117,803 These financial slalemenls were 8pproved by the Trustees on . and slgned on their behall Gayle Owen Chalr The nol8s on pages 12 10 22 form part of these financlal slalements. Page11 of27
Ste in stones Childcare Cornwall Notes to the Financlal Statements for the Year Ended 31st Au ust 2024 Note 1 Accountln Polleles Basls of preparallon of flnanclal statements The financl81 slalements have been pr8parèd lor the in(lividuAI charity In SCrdance with the Charflies A¢1 2011 Bnd the AcCon11ng and Reporting by Charities-. Slatement ol Re)8ded Practice applicable lo ch8rilies preparlng thelr a¢eounls In accordarbce with lh8 Financial Reporllng Standard applicable in Ihe UK afjd Republlc ol Irelend IFRS 102llas arn8nded lor acLounling perlods o)mmellurwJ from l January 20161- {Chariilas SORP IFRS1Q2} and taklng ntsla of the Ual8 Bulletin 1 issued in 2016. Thè Charity has laken advanlaue ol Ihè provlslons th the SORP for Ch116$ aPpIng FRS 102 ulate Bullelln 1 not lo prepare B sialemonl ol eAsh ffl¢y stepping Stones Chlldcare (Cornwall) meals the definilknn of a publ bèn8flt entity undtsr FRS 102. Assets and Ilabllllles ar& inltlÉlly Tacognlsed al h15torical cost or transactN)n vÈhJè unlèss othorwi58 $laled in Ihe r61èvanl accountino pollcy nolelsl. The financlal stalemenls ara prepared In 818rfkn9. which Is tho llmellonal rrneY of the Charfty. hAonetary amounts In thesa nnanclal slalemenls are T¢JJnd8d 10 the n8ar8$1 £. The finan¢l81 slalemenls have dJarted from lh8 Charflie8 (Awunls Bnd R8PCrftsl Regulations 2008 only la the exlenl f8qulr6d lo provld8 8 true and faér ew. ThSs dfjpartur8 has Involvèd followlng lh8 Slalemènl ol Recommended Pracllco for Charllies applying FRS 102 ralher than th6 verslon of thè Slalemenl of Recommended Prar,Ilce whlch Is raferred lo In thè Regu1811ons but whlch has slnce baen wlthdrawn. Golng Concern Th6 occounis havè b88n prepared on the gs8vffyllon thal th8 ChArfly 1$ able io c8rry on 85 a golng COAC8rn, whbeh th8 Tru¥lees conshler approprf8le. The Twslees are not awara ol any reaaon Ihey should not conunuo lo adopl the golno concern bashs ol accounllng1s8e the Tnjstaès, Report). Fund oceountlno The lund5 01 ihe Charily c<)mprlse'. . unreslrlcled lunds Ihal aTe avallabl8 for use al the tru3t8es' dlscreilon in futharance d the o¥ecllves ol the charfly. and,. - Teslrkled fund5 that can only be uBèd for partlculw purposes wlhln tho obAècis of thè ch&rfty. The re8tricllong. lch 8ro 18galty blndlng, arfse when spo¢ifled by Ihe don. In¢omlng resourcos All Incomlng r&sourc85 are recognlsed once the Charlty has entitl8m8nt lo Ihe funds. cenalnty ol rècalpt and th8 amounl can b8 measured wllh suffid8nl rellabillly. Incomé d8rfved from Charitable Aclivities are recognlsed as •am&l. Invosiment Incomg Is ItsgnIsed on A r8calvable b851s. Cranls and donatknns 418 only included In Ihe SOFA whon iha charity has uncondillonal Èntitlamenl lo resources. Government grants are reco9nlsed when any performanc8 (xdi140nS altgchod lo Ihe grants hav8 been rnèi and It Is Possible Ihai Ihe income wlll be recèw. Page 12of27
Ste in stones Childcare Cornwall Notes to the Financlal Statements forthe Year Ended 31st Au ust 2024 Note I Gontlnu8d Accountln PollGles Incomlng resources contlnued Income Irom olhor activ1 represents vdLmiary Income from fundraising events Iprlndpalty donations). This Is re(x)anlsed on receipl. Donaled servSco8, or fadllles whld) comwse donaled seryices. •rè Incknled kn Inctyne at a valualh)n whkh ¢8 an 88tlm818 ol the financial cost borne by the dOnWhere such a is quafiab19 and measurable. No kncom8 Is fecognlsed vthere Ih8re18 no flnandal cost bome by a thiid party. Resourc88 Expendilure Is acllowitèd for M an accruals basls and is recognlsed onca Ihere Is a legal or conslructlve Dbllgalion lo make Pgymenl la a thlrd party, it is probable thal settlnI 11 be requirecl and Ihe amount ol lh& obllgallon can b8 moasurdd réllably. enditUre is classified under thè lollovhng acliwty headlngs: • Costs ol rai8lng lund8 comprf$e Ihe cosls assodated wth furKlrat3lng evenl8 Exp8ndiluro on charitable 8clivitl8s k)¢lud8s Ihe ed8tknn and chiklc8re undortak¢n lo fvrther Ihe purposes ol the ch8rfly and Ihelr assodaled support wsts. Irrécoverable VAT Is charg8d as a cosl 09aln$l the acllvlly for whlch the expendllura was Incurred. Supwl c0518 COrnPri88 Ih08e ¢0519 v4hlch are kncurfod dk8Ctly in support ol &xpandltur8 on th8 oblacls ol the Charlly and Includè oov8rnance cosl. finance, and office wsts. Govemanee costs are Ihose costs Incuffed In the connècllon ¥Ath th8 comp4an¢& th consliluiknal and slaluioryr&]uirwnÈnts ol Ihè chArity. Altion ot support C08t8 h88 been dotolled In nol6 9. Taxatlon The Charlly Is exernpl from lax on Incom6 and galns 18lllng wllhln Sectlon S05 01 Ihe Taxes Acl 1988 or secllon 256 01 the Taxallon of Chargeabl8 Gains Aci 1992 to Ihe oxIMI ihal Ihese are applied to Ils charflabl¢ ¢Jblecls. No lax charge5 have arlsen In th¢ Charlty Stock8 Slocks are valued al tho loww of cost 8nd nel reals8ble vakne, allar MOn due alowance for obsolete and slow movlno Items. Tanylble flxed assets IndIdual fixed assell COSllno £1LKJ or mor• are caF41aHsed al ojsl. Dwgclallonlg provKled al Ihe r81eg calcuSat8d to wrll6 off thè oosl less 88Meted resldual Va olèAch as88t ovar Its eslimaiod usalul écon0r Ilfe, 8$ follows.. A8Sét Category Freèhold properly Property Improvtrments- Mounl Charles Property lrnprovernents - Scol Ken5a Equlpmanl Annual rat nol depfeclaled nol dépr8elal8d 25 years from 2015 33.J3% reduclng b818nce Page13of27
Ste in Stones Childcare Cornwall Notes to the Financial Statements for the Year Ended 31st Au ust 2024 Note GO tlnued Accountln Pollcles Impalmien¢ of fixed assets Al each r&porting end date, Ihe Charity roth4s Ihe rarry¥ig ol Its tangibf8 gSS8ts lo delemilrne whelhei Ih&re Is any Indlcalion that those 8Ssels have suffèred an Imp8ittnent loss. If any such tndieAllon exlsts, the recov81ablB amount ol the 8sw81 Is èsllmated In ordgr lo detéfmk)6 lh8 exlenl ol Ihe Impairmenl loss (if any). Cash and cash equlvahnts Cash ènd cash 84uivalènls indud& cash in h8nd and (Jewts hekj al ¢all wllh banks. Debtors and cradltors recelvabt8lpayabl6 wllhln one y8Jr Debtors and creditors wlh no sl8ted Intere9t iale and recewabb or payable within ona year aro reoor£led al trans8Ctlon c8. Any lossés arising from knpalFmenl ialxgnised In th8 stat8menl ol flnandal adwilles ISOFAI- Ponslon eosts Th8 Cha¥lty offer8 8 workplace penslon scheme lo tts empkJye8s and makes Contributions as d8tsilBd In note 10. The Charity has no Ilabllily beyond maklng 11$ conlributK)ns and pang across tho deducllons fiw Ihe employèè's conlrlbullon8. The costs 8re &xperssed in Ihe SOFA and Blk)caled lo chadlabl8 al[les. supporl 8nd govèrnance cosls and chafged to th6 unrestrlcled funds or tho Charity. Any dlfforenre bet6n the share lo Ihè SOFA and the conirfbuuons payabl8 lo the scheme Is shown as an as&61 or Ilablffily in the Balanc8 Sheet. Op8ratlng lea8eB Rentals appli¢8blÉ lo opwatlng leases 8re chgrg8d lo Ihe SOFA ovor tha pertod In whlth thè cog1 Is Incurred. Noto 2 Vglunta Income 2024 2023 Donallons Grant Fundlng 141 400 Total 409 141 Tolal volunl8ry income WBS £40912023: £141) of £4(M) was restrided12023'.nonel The Iruslees 8ro grateful to evèw)n8 who has made donallons IhroLfvJhcwJl the year. No other a Mount Descrl tlo Kensa Tota Party In the P9Fk Ineome KldTNorW fundralsing stal¢s Sale of surplus lucksliop Kidzworld tKkel sales Halloween mugs and paty Cornm15sion on clolhlng soles ReiF)de8r food sal85 Sale ol leBvers pebbbs Ea8ylundralslng Giaduatian cakè sales Recycle lor charily Are&kfast wilh Santa Chrfslrnas raffle Profil an Sa18 of ChIldret) Unllorm 1.109 15 1.109 15 2,218 30 47 170 253 217 253 320 140 43 68 65 10 89 212 22 160 70 14 70 29 85 16 106 73 Total 2024 3.895 Total 2023 1,335 1,428 2,763 I rundr8151ng in¢om43 kn both the oJrMI WekS yw rela18 lo uwestrlcled funds. Page 14 of27
Ste in Stones Childcare Cornwall Notes to the Financial Statements forthe Year Ended 31st Au ust 2024 Note 4 nvestment Income 2024 2023 Bank Interest recelvable 290 346 Tolal 290 346 0185 co Re3ource8 from Charttabla Acl vltles Unre5trlGt*d R96trlct8d Funds Funds Total 2023 chitdcar8 fees chargad 3 & 4 YO Grar¥l lundlno 2 YO Grant lundlng Addllional Granl lundlng Mllk RèlMrsemeTrl 92,188 219.258 98,473 92.188 219,268 98.473 2.960 2,896 64.S23 194,807 80,b97 7,055 3.279 2.898 Tolal 412,815 2.960 415775 350 261 Total Incom6 from ¢h8rlt8ble 8GUvities wrds £415.77512023'. £3M1.2611 olwhl¢h £2.960 was restrl¢lad12023.' £7,055). The governrnonl grants receivablè have boen an8lys8d by ral8renco io the yaar group th&1 tha funding Telated. Total oovernmelll granls received was £320.691 (2023: t282.4591. Other Incomè 2024 2023 SMP compensallors 632 Total 632 Nal& 7 Not Incomel dlture lor thé ear Thls15 3laled aller charging.. 2024 2023 Dopreclatlon Oper8llng1oase paymen1¥ Bank Intere81 payabla Other Snleresl payable 4,256 7,028 122 255 4,357 6,556 12 200 Note 8 Cost of ralsln funds Mount Charl•8 Dèscrf tlon Scol Konsa Totsi Sm811 k)Ilery Ilcence Halloween party exponses Breakfasl wilh Sania lood Party In the Park 8xp8nsès 10 io 75 15 183 20 75 20 183 Total 2024 198 283 481 Total 2023 140 200 340 Page 15of27
Ste in Stones Childcare Cornwall Notes to the Flnancial Statements for the Year Ended 31st Au ust 2024 Nole 9 Anal sls of Ex ndilure on Charftable Acllvlties Delivery Costs Support Costs Govemanco Gosls Tolal 2023 Eslablishment Cosls Labour Costs General Cosls Admlnlslralion Costs Oihar Costs 21.793 247,045 17,037 21,793 368,998 38,882 8.586 10.686 22,004 347,460 21,316 7,569 10,947 99.786 1.845 8.586 8.016 22,167 2.670 Total 285,875 118,233 409,296 Tolal 2023 269.762 112.103 27.431 409,296 T(Jtsl exp8ndliu¥è on ch8rilabie thlies was £428.943 (2023.. £409.2961 ofwhktt £3.84112023'. £7.8481 was re81riGled. costs allo¢ lon Cost aliocatlon includes an élaméni o(ludg8monl and the Charlty h8s had to CODsldor Ihe costlben8fi1 of d&lBllè¢ calculalons and record keeplng. The basi3 lor support cosls alhyatson ol wages Is the estimated parcenlage of tlm8 spanl on each actlvlly. Governanco costs are made up ol the foYIovAng'. 2024 2023 Proporllon ol managers, salarie$ Independenl exominers 1088 12.187 2.670 25,291 2.140 24,637 27.431 Nolg staff Costs Unrestrlel•d Restrlcted Fund8 Funds Total 2023 Wages and SAlarl•s SoGlal s8eurSly co$i8 EmplOrS Penslon Costs 343,898 16,074 6,065 346.858 16,074 6,065 329,447 12,625 5,388 366,037 368,997 347,460 P¥nsion costs are alk>cat8d lo the a¢101$ In woporuon lo Iha reLaled staffkng eA)Sts Incurred. Monthl e nLmi ar as follow5 2024 2023 Chprilable Acllviues Admlnlslralors 26 28 30 33 No 8mploy88 eamed more than £EA),(KK) per onnum. Tha Chality consk18r8d Its key managgmenl personnel In the year lo comprlse of the Iwslees aThJ the SenMJr Management T88m. Thg total employmenl benefils kncludlng p8nslon contribulkS of Ihe key management parsonnel w2r8 £73,54912023: E77,273} Not8 ènts to Trustees One Ttuslee (Joann8 Cromplonl was paid remunerallon of £15,439 {2023.. £14,120) for tho Sgrvlo95 provlrjed in hei employment th the Charily Iplay assistant) She Iplt herrole as a tiuslee on 2eth February 2024, bul continue5 to be employ8d 8s a play a5$1slanl. Anolhe¥ TrusteelLeah OmitrThomp8onl began employménl al the charity in Ihè year. Sha was pald remunerallor* 01 £1,671 lor her servlces pr(wided In her empkIent with the Charily, first as a play asslslant and now 8s a busSness adfflinistrator. Thes8 payments have b88n made under authority ol a [visiOn In the constllulion of the Charity. The TrStea8 hav8 nol been re1Mbued for expenses the year. Page 16 of27
Ste in stones Childcare Cornwall Notes to the Flnancial Statements for the Year Ended 31st Au ust 2024 Note 12 Ta Sble Fixed Assets Addltlons clf Fr¢ehoW property Property improvemènts Mount Chades Property Improvements So)1 Kansa Equlpmént Mount Chades Equlprnant Scol Kensa 25,410 44,164 34,111 15.685 14,528 25.410 44,164 34,111 15,995 15,357 310 829 133.898 135037 Charge for tlia year Da reciallon clf Propety Improvemonts Scol Kens8 Equlpmenl Moulll Charl Equlpm8nt Scol Ker8 11,670 13,373 10,931 1.402 874 13,072 14,247 12,911 3S,974 WDV Freehold properly Property Improvoments Mount Charlès Property improv8mènts Scol Ken8a Equlpmenl Mount Charlès Equlprn6nl Scol Kensa 25,410 44.164 22.441 2,312 3,597 25.410 44,164 21,039 1,748 2,446 97,924 94.807 All langlble flxed assets are usèd prlndpaty tOW8rés the fUrtherno the Chariivs dtr8Ct thartlable work Nolg 13 Dobtors.. Amounls f8llln duè wlthln ono ar 2024 2023 Oulstandlng Fe0¥ Mount Charfes Scol Kensa Caierplll#FS Scol Kensa Bullerflias S¢ol Kènsa Holday Club Scol Konsa Under 2 1.853 755 1.042 391 260 2,110 1,023 879 1,713 4.301 5,725 Overpaymenls lo suppllws 765 1,716 Prepayynents 4.602 4,210 Olher dgblors 119 91 Total 9,807 11,742 Page 17 of27
ste in stones Childcare Cornwall Notes to the Financial Statements for the Year Ended 31 st Au ust 2024 8r Noto 14 Credltors: Amounts fallln due withln one 2024 2023 8,910 4,346 Owing to SUPFllers 9.542 14,357 Accruals Wgges Ow8d W88k 22 S.924 6.642 3,271 PAYE Owed to HMRC 232 332 Pan51on Conlilbulsons Fees recelved In advance 2,792 346 Note 15 53,919 Dolerred Irwrné 28,294 Total Not0 15 08f4rr•d Incomo 2024 2023 Fundlng r8colv&d In advanGe 53,919 53,919 Page 18 of27
ste in stones Childcare Cornwall Notes to the Financial Statemants for the Year Ended 31st Au ust 2024 Note lfj MovÈm&nts In R¥strfcled and Unrestricled Funds Incomlng r8sources Outgoing resourctrs Balance blf Transfers Balanca clf ReslrScled funds Cornwall Council SENIFIDAF The Blg Lottery CCF Manor Farm Tes¢0 Sl Aus1811 fown CA)uncll Asda Foundation 2.960 435 36 149 56 206 3.841 6,9S5 108 449 166 8,520 72 300 110 400 7,678 7.197 reslrfcled funds 110.125 417.441 425.SB5 101,981 117.803 420,801 429.426 109.178 Incomlng rèsourcès Outgolng rosources Prfor year R8$1 Comw811 Councll SENIFIDAF The 810 Lollery CCF Manor Farm Tesco SI Au81è15 Town Councll Balance bm Transftrrs Balance CM 7,055 7.055 435 52 222 7,3) 6,955 108 449 166 7,678 871 250 8.471 7,055 7.848 estd ed lun 165,448 348.465 401,788 110.125 173919 3S3.520 409,636 117803 RestriGtgd fund delalls Cornw811 Coundl provldes 8ddllional funthTrJ Ihrough Ihe DI98bltY A¢¢e88 Fund IDAFI and Ihe SEN Incluslon Fund ISENIFI lor chlldrèn who need addidonal support. Thrtè chihjten re 9UPPOrt8d bn 2024. Th8 Blg Ltsll8ry provided a wanl kn 2017 towards the ts)sl ol alr condlllonlng lor Scol Kensa. Tho depraclatlon charged for the year Is Ir¢8led as ouloolng restred funds. CCF Manar Farm provided 8 gront In 2017 lo purchase b*es f sèldn9s. The depreclauon chargèd for the y¢Ar Is Irealed a8 oulgolng reslrfjcied fund8. Te8co provlded 8 granl for ouldoor aqulpmenl 8t s¢ Kensa In 2022. The daprnclaljon charged lor the year Ss trèated as oJlgolng rosltlcied lunds. St Austèll Town Coundl provlded a grant of £250 tiwards the replacém8nl cost olwhlle goods ai tha Mount Charfes In 2022. Th¢ depreclollon ch8Tg8d for the year Is treated a$ outgdng re¥trtded fvnds, Asda Foundgtlon provid 8 gr8nl of £290 towards Ihé CA)St ol a mud kItCh and £110 towards small expenses al Ih Forest School. The depreciation ¢h8rg8d on Ihe mud kilthan lor lh8 year is tr&aled a5 Qulgoing règlrfcted funds. P8g8 19 of27
Ste in stones Childcare Cornwall Notes to the Flnanclal Statements for the Year Ended 31 st Au ust 2024 Note 17 Anal sls of Net A55et5 bètween Funds Unrestrlcted ReStCled Total Funds Funds Funds 2024 Tanglble Flxed Assels Cu¥rÈnl Assèts Credllors 87,610 86,258 181.8671 7.197 94.807 96,258 {81,8871 101,981 109 178 Unr8$trlct8d Rfjstrlcled Total Funds Funds Funds 2023 Prlor yoar Tanglble FIx8d Ass•is Curr8nl A5sels Credltors ,246 48,173 (28,2941 7.878 07.924 48.17J {28,2941 110.12S 117.803 tste le Rèlatod Pa ansacllons Durlng Ihe year no Tn5sleèS used cTrlkkar6 servlces. Note 19 8rAtln L•as mltmenls At 3181 August 2024. Ihe Charlly had total eommllments fuluro minlmum la&88 pawngnts under rw-canc8113b oparatlng leases, whkh 1011 due as follows: 2024 2023 Wllhin onè yèar Between two and nv6 yea Aft8r fiv8 years 8,438 33,752 92,818 135,008 6,556 26,224 78,672 111452 Not• 20 ull Anal 1$ A lull allalysSs of In¢omlng and oulgolng resourc88 can bo fcrtjnd In Ihe 8ppon(fix attachèd. Page 20 of 27
STEPPING STONES CHILDCARE (CORNWALL) Appendix For the Year Ended 31 st August 2024 Page 21 of27
Ste in Stones Childcare Cornwall Year Ended 31st Au ust 2024 endix Contents Pag8 1 Cover She&t Page 2 Contents Page 3 Total Profil and Loss Account Page 4 Mounl Charles Profil and Loss Aco)unl Page 5 Scol Kensa Profll and Loss Account Page 6 Governance Costs Analygls Support Costs Analysis Paga 7 Other Income Analysls Page 22 of 27
Ste in Stones Childcare Cornwall Profit and L055 Account Year Endéd 31sl Au ust 2024 2024 2023 INCOME Fees charged 3 & 4 YO Nur8ery Educallon Grant funding 2 YO FuTrdlng Addltional fundlng 92.188 219.258 98.474 2.960 64.523 1g4.807 80,597 7,055 412,8PA) 346,982 Milk Relrnbursémenl Olh8r Income Fundralsing In¢om8 2.A 1,332 3,279 496 2.763 353,520 420,801 COST OF SALE Fundralslng Purth#sas 481 340 EXPENSES 8u3lnass Ral6s Water R816S Light and Haal Bulldlngs Insurance Property Repalr8 Rant S8ourily C08ts Storaoa Costs 410 472 7,943 1.718 2,140 7.026 443 6.506 1,373 4,275 6,556 1,270 900 21.793 22,IX14 abovr Co$ Gr08s Wagas Employer's N8llon81 Insur8n¢e Employerfs Pènslon £0818 346,859 16,074 6.085 329,447 12,625 5.388 3eB,998 347.460 G•ner IC08 CA18rfng Consumabltts Craft Hollday Cl(Jb expenses Rep81ts and Ranewats Tr&lnlng Slaff Uniform In3uranco 8ubs¢ripllons snd PubllcJtk)ns Sursddes Mlleage 4,811 5.315 4.342 957 751 2,874 1,349 383 3,342 1.549 372 82 353 1,635 2,284 3.549 1.385 61 72 18.882 21.316 Admlnlstr8llon Costs Postsge and Sialionary T8lephon8 Comwl8r Expenses vertlslng 1,823 2.534 4,149 2,020 2.224 3,325 7,569 Olher C05t$ Bank Charges Bank Interest Olh8r Inleresl pal(J Bad dèbis Independent examlnalio Deprecialion 122 255 1.777 2,670 4.256 12 2.558 2.140 4.357 10,686 10,947 429,426 409,636 8urplusllDellcll} lor the year Page 23 of27
Ste in Stones Childcare Cornwall Proflt and Loss Account Year Ended 31st Au ust 2024 MOUNT CHARLES 2024 2023 NCOME Pre-school leas 3 & 4 YO Nutsary Educallon Grant luThJlng 2 YO Fundlno Addlllonal funding 16.685 77.999 28,030 2.067 16,514 82,381 54,596 2.452 124.781 156.943 Mllk Relmbursemgnl Olher Incorne Fundralslng IrK(Im8 1,315 240 1.335 159,833 296 1.590 127.652 COST OF SALES Fundralslng Purd)as8S 140 E8t¥bll8hment Cost8 8u51no$s Rale Waler Rates Lighl and Heal 8uildlng9 In8uranea Property Repair8 S8curlly Costs Storage Cos18 132 472 2,717 1.466 768 517 540 181 661 2.655 1.121 374 450 6,612 7.125 L4bour Costs Gross Wggos.. Pro-school 115.748 116.267 Ernployg¢s N8tlonal Insurdnca Employer's Pen51on oosis &466 4,367 7,531 6.291 Gènar81 Co8t8 C£lerlno Consumables Crall Fqopalrs end R8n•w8Ls Tralnlng staff Unllomi Insurance Sub8criplion5 and Publiratlong Sulldrle8 M118age 1.819 2,Q06 2.147 2,351 213 1.344 497 139 1,894 896 152 474 1.123 131 1,993 670 45 25 8.376 9.487 minlstyatlon Costs Postage dftd slinery Telephone Computer Expenses Advertlslng 1,2TI 2,125 15 1.121 4201 3.681 Olhor Costs Bonk Charo8s Bank Inr1 Olher interest pald Bod 08bls Independenl Ex8rninallon Depredgtlon 840 61 128 533 1.375 874 100 1,102 1,070 1.156 3,774 4,274 146.540 147,265 8uYplusllDlcll} for thè yèar 18.886 12.568 Paga 24 0127
Ste Stones Childcare Cornwall Profll and Loss Accounl Yeor Ended 31st Ats ust 2024 Scol Ka 2024 202J co CglerpllarUnd8r2 f8as Calerp5Kar room fees 2 YR Folldkng Bullerfty raom fee8 3 & 4 YR Nurséry Edu¢aly)n Gwanl fundlng AddllknTral lunding AKlaYe1ub laes 2B,353 20.620 70,444 9,2(K 141.?59 893 328 22,789 2801 8.223 11?.426 3.603 16,689 288, IW.039 MMk rtlmbursBrnent Olher Income Fundra18lng In(yJme 1.911 1.964 256 293.149 193.687 COST OF SALES Fundrak51ng pufGhas8y EXPEN Ishmon Dusln8sy r8le¥ L1 snd Heal Pioperty RepBlr8 BulWing8 In8uran¢é Securily Cosls sioi8g8 Costs R•nl 278 5,22 1,972 252 487 540 262 3.851 2.612 252 49) 16.181 14.879 Coili Gross wag85'. 111.600 91.658 J.514 04.588 Buii6rfW room HOaY Club 231.111 213,1 Empbyor's Nallonal InsufgnE8 Empknyor'8 Pgnsw co8Lg 1Q,8Q8 4.000 8.25e 14,608 11.722 Géner Galering Consumables crfi H&v Glub è%p•n8es R•puirB and R0DeI% Tr81nhg Stall unOrM In6Uf8nc8 SubscpIl09 Bnd Pura11)n* Sundries MReage ¢o$ly 3.168 1.991 744 7SI 2,QLK) 176 1.ISI 329 1.556 71$ 16 47 244 1.448 &fj3 28 10,506 11.829 8lrall Cos Posboe And StallonY Tdephon Cotnpulw ExpBns6s Advertl8iny 1,124 1,103 1,661 12S7 2,Q24 4,285 3.808 èr Costs Bank Charges Bank In1 Otherlnlerest pa 88(J 08bts Independanl Exarn1n0 Oepred8Uon 840 61 127 1,244 1,295 3,382 10CI 1,456 1.070 fj12 6.67J 282.886 262,371 S¥rplusllDèncltl lorth• yeay 68.684 Paoo 25 of 27
Ste in Stones Childcare Cornwall Governance and Su orl Costs Anal sis Year Ended 31st Au ust 2024 Governance Costs 2024 2023 Independent Examlnallon 2,670 2,140 Wagos: Business Manager150% governance) Deputy Manager {S0°A govemance) Manager (50% governance) 10,295 9,175 4,445 11,671 11,872 22,167 25,291 Total 24,837 ort Costs Wages: Flnance Asslslant Admlnislr81Ive Assistants Deputy Manager150°A) Deputy ManagerlSENCo Buslness Manager {50%1 Manager150Yo) 27,919 20.486 23,782 18,031 4,445 26,691 9,175 11,671 29,214 10,295 11,872 99,786 93,795 Page 26 of27
Ste Stones Childcare Cornwall Anal sis of Other Income Year Ended 31st Au ust 2024 Voluntary Investmenl Grant Income Incom8 income Mount Charles Total DonalSons HMRC SMP compensation Bank Interest Fundlng for Reading at Home training attendance Photocopying charges 145 145 100 49 100 49 151 145 296 Scol Kensa Donations Bank Interest Asda Foundation Forest School Grant HMRC SMP compensation Fundlng for R88ding al Home trainlng attendance Photowpying charges I Can Charity reward 145 145 400 185 100 49 150 400 185 100 49 150 491 145 400 1,038 Total 642 290 400 1,332 Page 27 of 27