CoM￿nY Numb•r 7471433 PEAPOD PRE-SCHOOL Financial Statements 31st August 2024 PEAPOO PRE4CHOOL INDEX TO FINANCIAL STATEMENTS Charltylcompany Information IndeFRndent Examlner5 Re￿rt Trustees Report Statement of Flnanclal ActMtie5 Balance Sheet Notes to the accounts 9-11 PEAPOD PRE4CHOOL Charfty I c(Xn￿nY Inforn￿on FOR THE YEAR ENDED 31 AUGUST 2024 TrusrEES AND DIREcfoRS.. Juliette Hardman- Dlrthr Maddie Dunnin8- t)irettor Stjzanne Williams- Director Rym Atkins- Thrector Jenrry Baker- Director Fran O'Neill- ￿rettor/m3n￿ Sarah Ritey. tXrertrKIManager REGIStERED OFFI￿. Peap)d MIKord Road Norwich Norfolk NR2 3AR COIIPANY NiAIBER: 7471433 QIARln REIISTERED NUMBER: 1161723 INDEPENDENT EXAMINERS: Mark Shearfn8 KA 26 Chandler Road Stoke Holy Cross Norfolk NR14 8RG PEAPOD PRE-SCHOOL INDEPENDENT EWAINERS IIEPORTTO THETRU5TEES OF PEAPOD PRE-SOIQOL I report on the accounts forthe year ended 31 A￿USt 2024 set out on pa8es 7 to 11 As the charity twstee5 of the Trust you are reSPDnsible forthe preparatlon of the accounts In accordan￿ with the requlrements ofthe Charrties Att 2011 Iyie kv). Hawn8 satisfied myselFthat the ¢haiitablecompany Is not sublett to an audit under company law and is eli8ible for Independent ￿arnin0t10n. tt Is my reswnsSbility to:_ al examlnethè Krnunts under5ecdon 145 olthe 2011 Act: bl follow the procedures lald d¢)wn In the gene131 directions 8lven tythe Charity C(Mnmi5slon lunder settfons 14515llbl of the 2011 Actl,- and c I state whether parti￿[ar matters ha¥e come to my attentron. Basls of Independert Examlners Statw Myexaminatlon was carrfed out In a(rothnce with 8eneral diretttons given bythe Ctharity Comrnlssion. An exarnlnatlon Includes a rewew of the accounting rKords kept by a charitsble companyand a compaiison of the accounts presented with those records. It a150 include5 COn5ideratitin of any unusual It￿ts or dlsclosures In the accounts, and seeking explanatlons from you astrustee5 concernln8 any s￿h matters. The pr￿￿ureS undertaken do not provlde all the evidence that would be required ITr an audit, and consequentty no opinion i$8Nen asto whetherthe accounts present a'truè and fair view" and the report ts Ilmr(ed to those rnatters set out in the statement b¢lry*. Indepèndent ExamlneYsStal•mert In conne¢¢ion wrth my examlnation matter has come to myattentk>n which 8iVe5 me reasonable ￿￿set0 beltevethaL in any materfal resm the reqvirements. al to keep accountln8 records in accordance wfth section 386 of the Companles Act 2(k)6.'and bl to Prepa￿ ￿)Unts which xcord with the ￿cOUnting rKords, tomply with the aCCOUntin8 ￿quIrernents ofsettion 396 of the Companie5 Act 2006 and wrth the methods and wlndple5 ofthe Ststement of Recommended Practlce Accountin8 and Reportln8 by Charitle% have not been met; or 2. to which. In rny opinlon. atttyrtjon should be dra¥m in orderto enable a prow understandin8 of the accounts to be reKhed. Mr Mark 5hearfng FCA 26 ChandkBr R Stoke Holy Cros8 NorftAk NR148RG 0510512025 PEAPOD PRE4CHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The Tn￿tee5 p￿sent thelr report with the flnarKtal ststements of the charSEable company forthe yearended 31 August 2024 Peapod Pr￿SChOol Ithe'companfl ts a d)arltsble company Ilmlted byguarnntee, incorr*Jrated on 16 December 2010. The Companyadopted new arrides of assorriauon In a form apwob*d bythe Pr&School Leamln8 ￿lIance and the Chaffty Commlssion on 30 Awl 2014 and was re8iStered as a charltyon 19 Mty 2015 under tharity number 1161723. In the event of the Company beln8 wound up rnember5 are rffjulred to contribute an amount Th)t exceedin8 £1. At 31st A￿t 2024, there were 7 members. TrusrEES The trustees are. forthe pun*Jses ofthe Companles Ac( dlrectors of thecharitable company. The trustee5 shown below have held offtte durin8the period from tst September 2023 tothe date of thts report. Fran O'Neill and &rah Ibleyare aPFt)inted zs tnistee5 In zccordance wtth dause &l.l of the CNnpanVs artKles of assoctation. Juliette Hardman- Oirector Rowan De Vroomen- Dlrertor- ResF8ned 2 Aw¢t2024 Maddle Dunnlng- DIr￿tOr Su2anne WS11iams- Oirettor Rym Atklns- Dlrector- Appointed 2 February 2024 Jenny Baker- Dire(tor- Appolnted 2 Au8ust 2024 Sarah Riley- Dlrector (Manager) Fran O'Neill- Dlrtttor IMan4erl RECRUITMENT ANDAppoiiifMV Thetotal number of board members shall not be Iw than two and not more than Trlne. The fru5tees wlll from tlme totlme gppolnt people wtth spedflc 5kllls to fu￿11 specifk woJett& Tlw petsple tAwld be entitled to aitend managernent meetings. The trustees must meetat least threetimos a year. OPJEcfs AND AcnvrrES The objects ofthe Pre-schwl 1.the Objects") areto erthan￿ the de￿0pment ènd educathTh ofchlldren primarily under statutory school age by encoura8ln8 parentsto understand and wovide forthe need5 ofthelr thlldren thr￿*h community groups and bv.'_ ?) Offering opprowrate play, educatlon and care facilrbes and tralning CIYJr￿ ￿etherWIth the rf8ht of parents to take responsiblllty for and to betome involved ¢n the activitse5 015[￿h 8rwps. ensurin8that suth gr￿p$ offeropportunttles for all children what￿r their Tate, cu￿Ure. religion, means oratslty, bl Encouraglng the st￿1 ofthe needs of such thildr*n and th*rfamilies and pron￿nE public interest and rwnitson of such needs,. cl Instr8atln8 and •Jhering to and furthering the aim5 and obiKts ¢f the Pre-5cknI Learnlng Ajllance. Peapod Prfrschool. with a'Good' ratingfrom Of5ted. remalns con%rtentJy wpular wlthln rts local communlty as well a5 whhin the wldef Hrea. The settiryd rec¢)enises rt 15 fortunate to have an extenslvè waitin8 list and 15 unable to fulf(I demand. As Communication Hub, the preschool continues to w￿rk wtth its own famllies and the wider community* providln8 advice atthe local parent and toddler 8rovp, events such as stty and play se￿on$ and re5wrceE aimln8 to SUPPDrt speeth, language and communlcatlon. The preschool's tommuntty-led approach culminate5 in the biggest fundraisin8 event of the year.. the summer fete. Thls is alwa￿ well attended and supported. de5pftethe weather this time. Funthaising help5 towarfs the summertrip to Pettitts and ensures e¥ery¢hlld at the setting ha5 the OP￿rtunity to attend. FINANCIAL REVIEW The Ilnan¢ial 5tatttnents aresetout cffi p4es 7 to 8. Thestatement offinanaal actknties 1$ setout on pa8e 7. Total incomln8 re50urw arrthnted to £307330. Tot￿ re50uros expended amounted to £3C6,751, resulting in nrt Incornlng resources forthe yearof £1.079. Atthe 315t August 2024. the tharitable company had total lunds of £73.357. Thè balance sheèt ts in a healthy Fwion wtth Free res&¥ps of£23.357 and Contin8ency reserves of £50,(KXJ. It is a general polky of the char[ta￿ecompanY to holdfret funds of3 month5 of running costs to enable the ordertycfosing of the charitable ¢ompany5hovld the need artse. £50.{￿ Is tyrrtntty held tn the reser￿ account. Char￿¥ law and company law both require the trustees (who also act ¥ directors for the purKh)se of tompany lawl to prepare financial statements for each financtal year. Undercompany law, the tnthees have elected to prepare the flnanclal statements In accordance wjth Llnited ￿ngdorn GeneralFyA¢epted Accountlng Practice (Llnrted Kfn8dom Accounting Standards and applkable lawl. The financial 5tsternents are required ty lawto 8r¥e a true and falr viewof the state of affairs of the charitsble company a5 at the balance sheet date and of it5 incomlng rtsiurces and applicatlon of rt50urces, includln8 income and expendltur4 for the financlal year. In preparln8tlK)se flnanclal statements, the trustees are requlred tt*: selett sultsble accounttng polio&s and then apptythem consistenty. make lud8ements and estimates that are reasonable and pruden¢ and prepa￿ the financial statements on the 80in8 concern basis unle55 Ft 1$ 5napproprfate to presumethat the charitable company wlll continue In bu51ne55. The Trustees arè responsiblefor mairrtainlng prOper￿)unting records whith disdose with reasonable accuracy * any tlme the flnanclal position of the Charits￿e cornpanyand enable them to ensure that the ftnanclal statements Comply with the Companles Act 2C¥J6. They are atso responyble for tyrding the assets of the Charits￿e company and hence for takin8 reasonable stepsforthe preventlon and detection of fraud and other irre8ularftie& This report has been prepared accordance with the sp￿[al pmwslon5 of Part 15 of the Companiè5 Act 2C¥)6 relotln8 to small companies. ON BEHALF OFTHE BOARD: Suzanne Wllllams. Chalr 13th May 2025 vb c srATEMENTOF FINANaAL AcfivtnES FOR THE VEAR ENDED 31 AU6usf 2024 Totsl Fund5 21)24 Total Funds 2023 INCOMING RE80URCES Incomlng for gornrathd fund• Core Fees Core fundlng Honorarium ComMur￿catIOnS hub Donations Fund RaSsin8 93,082 2fr3.440 92,702 177,784 381 4.210 2,642 IMVESTIAEKf INCOME Bank Interest 717 283 Total In¢omlnq r•￿Ul¢ 307J30 273,505 RESOURCES EXPENDED Cost of8eneraUng fuThts 836 487 Charltable actknties 305,474 3(H,907 441 407 .751 305AOI 79 32296 Transfer¥ Net{0utwml￿1lIKO￿￿¥ reswrros after transfers (322961 Totsl fvnds tyotth forward at 15epternber 2023 104.796 Totsi funds carfed fon¥awd at 31 Ai4Wt21)24 73J57 7&51K> There are retO8ntsed galns and bsses inthe statement of fina￿131 attivrttes and i conSeq￿nt￿. rKI statement oftotal reco8nised galrts and l¢)5ses has wepared. For Companie5 Att purpose5. total income i$£307.830 awKI tot31 ey4)endlture Is £306,751 which 15 total I￿OrnIr resources andtotal resource expenses as th)wn al)o¥e. the arnounts ￿late to continuinB activttles. PEAPOD PRE.SCHO(K AT 31 AU6usf2024 Debto Cash at bank and In hand {61 1254 81,205 82.459 3.834 79.036 82,870 CREDrroRS Amountsfalllng due wtthin one year 17) 19.102) 19.1021 110,5921 110,5921 NEfcuRRENfASSESYS 73.357 72,278 NEf ASSETS 73,357 72,278 FUNDS Total Fund5 Represented br.- Contingency Reser¥e5 Free Reserves Reserves carried forwdrd So,￿0 22,278 72,278 23,357 73,357 The charftable compaoy15 entitfed to ewnptlon from audtt undersection 477 oFthe Companles Act 2LI)6 forthe year ended 31 AU8&￿ 2024. The member5 ha￿ not required the coryanyto obtain an a￿rrt of Its flnaftciaj 5tatementsfortheyear ended 31 A￿uSt 2024 In accordance wtth Section 476 of the CornpanlesAtt 2L)%. The direttors ackrm￿ed8e thelr responsil)Ilities for: zl ensurlng that the charitabje company keeps aCC￿jntFn8 r￿5 which comply with Stttton 386 ofthe Companle5 Act 2CQ6 and bl prèparing financlal statements whkh 8l¥e a true and faIr￿eW of the state of the affairs of the charftable companyas at the end of each flnanclal year and of its profit or105s foreath fiTrancial year In zccordance ￿th requ5rements of Sectlon 394 and 395 and which otherwlse comply wf(h the requlremewrts of the CompHnle5 ￿ 21kn relatin8 to Inanclal 5taternents. so faras appllcable to the charitable company. These finandal statements have been prepared In accordan￿ with the speclal Frnr5I￿ rfpart 15 of the Companies Act 2￿ relating to small COM￿TrIes The ftnancial statements were approved bythe Board of Dlrecrors on 13th May2025 and were slened on Its behaw by. Suzanne Willlams, Chalr AT31 AUGUST 2024 The folbwin8 aLl￿nting ￿lICleS have been used 0)￿0$tentIV In deal1￿ wrth tterrts whith ore consldered material in rejatitin to the finanthl statemen￿. a) &isLsor prepwatkn ofa(Murts The finandal statements have been prepared underthe historical c05t conVen￿On and c(xnplyw￿h the Companie5 Att 2CQ6. The flnancfal ststements have been prepared In accordan￿ with Statement of Recommended Prartice150RPI, "Attountin8 and Reportin8 by Charftles: statement of Recornmended Practlce"I published In March 2(K)5 Irevlsed May 2(M)Bl and applicable accountin8 Standards Fund a¢countthR b) Unrestricted fun¢ts are availablefor use * the d￿r*to￿ of the Tn4tees in further•nceof the charftable objetti¥es of Peapod fv&Sth( There were no reStrk￿ fund5 but £50AA) of deswed fijnd Incornhw resou All incThne Is xcovntsd for as 500n as P￿5d￿l ha5 entltlement to the 1￿Me, the￿ is certalnty of rttelpt and the amount is quant+fizble d) Resourw expend All expenditure Ss accounted foron an accrua15 basis PEAPOD PRE.SCHO(K 140TES TO THE FINWIOAL sfATEMENTS AT31 AUG115f 2024 2023 C05TOF GENERATING HJND5 Fundfai8lng E4Jenses 836 DFrett Costs: staff Salari6 rrainin8 Eaftyyears PP twity Equipment Bad debt e¥pen5e Fund Ra￿1￿8 purchasè5 Refreshments School Dinn*5 Protective dothing Staff Costs PremSse5 Runnirl Costs Rent aeanin4 Repalrs Posta#e and St3tkMery Pdntin8 and Photwying Tefephone and intemet ITsupF*Nt and InfraSt￿tUre Subscriptions Bank FÈes Travel ndry Expenses 249W6 1.653 366 6.685 242.521 185 1.614 4,474 2.387 3.511 3,337 1,405 1148 3,391 3,417 1.748 1.751 988 24,593 5.247 1285 24,492 s￿91 15 L056 936 649 1,074 119 745 1,020 171 941 322 140 305,474 304,907 PrDtessonal fees 441 407 Trustee hrftyrniatl No remuneration wa5 pald tt) the Trt￿ durtngthe year{2024: £nNI. The aver4e number of5taff emloyed durfngthe wa&. 2024 17 2023 17 DEBTORS: AMrKipn5 FAWNG DUEwmiip4 ONE YE 2023 Trade DeEknrs Prepayments PAYE & NIC Due 593 661 635 624 2,575 3,834 1.254 io 2024 2023 Other Credltors PAYE & NIC Du• Pension Clrent Deposits Income Retyved In Ath4arKe Accrua15 1.151 1,876 i.rJ5 6.4C 1,858 600 10.592 276 31X) 9.102 Afuiysis OF FUNDS Nèt Current Current 2024 2023 Genwal Fund tYe&znated Fund 23,357 50,¢y)) 22.278 50.0 7J357 72.278 rf￿the yearthere were no related partytransa¢tions12023: nDnel li