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
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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

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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

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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 prac￿ce 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 Se￿Ces.
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 d￿As1OnS 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.
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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 ServI￿S.
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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 rese￿eS 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.
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Ste
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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 recei￿ng 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
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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 du￿ng 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 ￿p￿Y 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
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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
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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 A￿rualS
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.
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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 SC￿rdance with the Charflies A¢1 2011 Bnd the
AcCo￿n11ng and Reporting by Charities-. Slatement ol Re￿)￿￿8￿ded 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
U￿al8 Bulletin 1 issued in 2016.
Thè Charity has laken advanlaue ol Ihè provlslons th the SORP for Ch￿116$ aPpI￿ng FRS 102 u￿late 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 ￿rr￿neY of the Charfty. hAonetary amounts In thesa
nnanclal slalemenls are T¢JJnd8d 10 the n8ar8$1 £.
The finan¢l81 slalemenls have d￿Jarted from lh8 Charflie8 (Awunls Bnd R8PCrftsl Regulations 2008 only la the exlenl
f8qulr6d lo provld8 8 true and faér ￿ew. ThSs dfjpartur8 has Involvèd followlng lh8 Slalemènl ol Recommended Pracllco for
Charllies applying FRS 102 ralher than th6 verslon of thè Slalemenl of Recommended Prar,Ilce whlch Is raferred lo In thè
Regu1811ons but whlch has slnce baen wlthdrawn.
Golng Concern
Th6 occounis havè b88n prepared on the gs8vffyllon thal th8 ChArfly 1$ 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 Its￿gnIsed 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 (x￿di140nS 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 dOn￿Where such a is qua￿￿fiab19 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 settl￿￿nI ￿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$e Ihe cosls assodated wth furKlrat3lng evenl8
Exp8ndiluro on charitable 8clivitl8s k)¢lud8s Ihe ed￿8tknn and chiklc8re undortak¢n lo fvrther Ihe purposes ol the ch8rfly
and Ihelr assodaled support wsts.
Irrécoverable VAT Is charg8d as a cosl 09aln$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. Al￿tion 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 MO￿n￿ due alowance for obsolete and slow movlno
Items.
Tanylble flxed assets
Ind￿Idual fixed assell COSllno £1LKJ or mor• are caF41aHsed al ojsl. Dwgclallonlg provKled al Ihe r81eg calcuSat8d to wrll6
off thè oosl less 88￿Meted 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 pa￿ng across tho deducllons fiw Ihe employèè's conlrlbullon8.
The costs 8re &xperssed in Ihe SOFA and Blk)caled lo chadlabl8 a￿l￿[les. supporl 8nd govèrnance cosls and chafged to th6
unrestrlcled funds or tho Charity. Any dlfforenre bet￿6n 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 We￿k￿S 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 RèlM￿rsemeTrl
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$i8
EmplO￿rS Penslon Costs
343,898
16,074
6,065
346.858
16,074
6,065
329,447
12,625
5,388
366,037
368,997
347,460
P¥nsion costs are alk>cat8d lo the a¢1￿01￿$ 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 contribulk￿S 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 empkI￿￿ent 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 Tr￿Stea8 hav8 nol been re1Mbu￿ed 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 Ker￿8
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 fUrthern￿o ￿ 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$1
Comw811 Councll SENIFIDAF
The 810 Lollery
CCF Manor Farm
Tesco
SI Au81è15 Town Councll
Balance bm
Transftrrs
Balance CM
7,055
7.055
435
52
222
7,3￿)
6,955
108
449
166
7,678
871
250
8.471
7,055
7.848
estd
ed lun
165,448
348.465
401,788
110.125
173919
3S3.520
409,636
117803
RestriGtgd fund delalls
Cornw811 Coundl provldes 8ddllional funthTrJ Ihrough Ihe DI98bl￿tY A¢¢e88 Fund IDAFI and Ihe SEN Incluslon Fund ISENIFI
lor chlldrèn who need addidonal support. Thrtè chihjten ￿re 9UPPOrt8d bn 2024.
Th8 Blg Ltsll8ry provided a wanl kn 2017 towards the ts)sl ol alr condlllonlng lor Scol Kensa. Tho depraclatlon charged for
the year Is Ir¢8led as ouloolng restr￿ed funds.
CCF Manar Farm provided 8 gront In 2017 lo purchase b*es f￿ sèldn9s. The depreclauon chargèd for the y¢Ar Is
Irealed a8 oulgolng reslrfjcied fund8.
Te8co provlded 8 granl for ouldoor aqulpmenl 8t s¢￿ Kensa In 2022. The daprnclaljon charged lor the year Ss trèated as
oJlgolng rosltlcied lunds.
St Austèll Town Coundl provlded a grant of £250 tiwards the replacém8nl cost olwhlle goods ai tha Mount Charfes In 2022.
Th¢ depreclollon ch8Tg8d for the year Is treated a$ 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 ReSt￿Cled 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 s￿li￿nery
Telephone
Computer Expenses
Advertlslng
1,2TI
2,125
15
1.121
4201
3.681
Olhor Costs
Bonk Charo8s
Bank In￿r￿1
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
8uYplusllD￿lcll} 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 K￿￿a
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
A￿KlaYe1ub laes
2B,353
20.620
70,444
9,2(K
141.?59
893
328
22,789
28￿01
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¥
L￿￿1 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
HO￿aY 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
cr￿fi
H￿￿&v Glub è%p•n8es
R•puirB and R0De￿I%
Tr81nhg
Stall un￿OrM
In6Uf8nc8
Subsc￿pIl0￿9 Bnd Pu￿ra11)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 Stallon￿Y
Tdephon
Cotnpulw ExpBns6s
Advertl8iny
1,124
1,103
1,661
12S7
2,Q24
4,285
3.808
èr Costs
Bank Charges
Bank In￿￿1
Otherlnlerest pa
88(J 08bts
Independanl Exarn1n0￿
Oepred8Uon
840
61
127
1,244
1,295
3,382
10CI
1,456
1.070
fj￿12
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