UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 9 |
| Detailed Statement of Financial Activities | 10 to 11 |
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 299402
Principal address
The Unit behind St Gregory's Primary School Marnhull Dorset DT10 1PZ
Trustees
Mrs G Vine Trustee D Vine Trustee Mrs O Palmer-Smyth Chair Mrs L Shea Treasurer B Bolton R Bosley J Foulger N Willey E Burnell-Nugent
Independent Examiner
Gary Elson, FCCA Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
Approved by order of the board of trustees on 1 July 2025 and signed on its behalf by:
Mrs O Palmer-Smyth - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MARNHULL PRESCHOOL
Independent examiner's report to the trustees of Marnhull Preschool
I report to the charity trustees on my examination of the accounts of Marnhull Preschool (the Trust) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Gary Elson, FCCA
Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
3 July 2025
Page 2
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 64,241 Investment income 2 249 Total 64,490 EXPENDITURE ON Raising funds 69,164 NET INCOME/(EXPENDITURE) (4,674) RECONCILIATION OF FUNDS Total funds brought forward 23,554 TOTAL FUNDS CARRIED FORWARD 18,880 |
2023 Total funds £ 68,583 120 |
|---|---|
| 68,703 | |
| 50,569 | |
| 18,134 5,420 |
|
| 23,554 |
The notes form part of these financial statements
Page 3
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
BALANCE SHEET
31 DECEMBER 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 19,689 CREDITORS Amounts falling due within one year 5 (660) NET CURRENT ASSETS 19,029 TOTAL ASSETS LESS CURRENT LIABILITIES 19,029 CREDITORS Amounts falling due after more than one year 6 (149) NET ASSETS 18,880 FUNDS 7 Unrestricted funds 18,880 TOTAL FUNDS 18,880 |
2023 Total funds £ 21,322 (660) 20,662 20,662 2,892 23,554 23,554 23,554 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 1 July 2025 and were signed on its behalf by:
O Palmer-Smyth - Trustee
L Shea - Trustee
The notes form part of these financial statements
Page 4
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 5
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Deposit account interest | 249 | 120 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 68,583 |
| Investment income | 120 |
| Total | 68,703 |
| EXPENDITURE ON | |
| Raising funds | 50,569 |
| NET INCOME | 18,134 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 5,420 |
| TOTAL FUNDS CARRIED | |
| FORWARD | 23,554 |
continued...
Page 6
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Other creditors | 660 | 660 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | ||
| 2024 | 2023 | |||
| £ | £ | |||
| Taxation and social security | 149 | (2,892) | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/24 | in funds | 31/12/24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 23,554 | (4,674) | 18,880 | |
| TOTAL FUNDS | 23,554 | (4,674) | 18,880 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 64,490 | (69,164) | (4,674) | |
| TOTAL FUNDS | 64,490 | (69,164) | (4,674) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1/1/23 | in funds | 31/12/23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 5,420 | 18,134 | 23,554 | |
| TOTAL FUNDS | 5,420 | 18,134 | 23,554 |
continued...
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MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 68,703 (50,569) 18,134 68,703 (50,569) 18,134 |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds General fund TOTAL FUNDS |
Net movement At At 1/1/23 in funds 31/12/24 £ £ £ 5,420 13,460 18,880 5,420 13,460 18,880 |
Net movement At At 1/1/23 in funds 31/12/24 £ £ £ 5,420 13,460 18,880 5,420 13,460 18,880 |
|---|---|---|
| 18,880 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 133,193 | (119,733) | 13,460 |
| TOTAL FUNDS | 133,193 | (119,733) | 13,460 |
continued...
Page 8
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 9
MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Fee Income | 11,492 | 17,190 |
| Donations | 1,370 | - |
| DCC Grants/Funding | 51,379 | 51,393 |
| 64,241 | 68,583 | |
| Investment income | ||
| Deposit account interest | 249 | 120 |
| Total incoming resources | 64,490 | 68,703 |
| EXPENDITURE | ||
| Other trading activities | ||
| Wages | 60,734 | 51,659 |
| EMPLRS NIC & SMP/SAP Claims | (4,532) | (11,620) |
| Pensions | 484 | 321 |
| 56,686 | 40,360 | |
| Support costs | ||
| Management | ||
| Running Costs - equipment etc | 3,183 | 2,550 |
| Insurance | 1,940 | 2,007 |
| Light and heat | 811 | 719 |
| Telephone | 1,120 | 1,066 |
| Postage and stationery | 327 | 191 |
| Sundries | 999 | 1,308 |
| PLA & Ofsted | 2,048 | 1,757 |
| 10,428 | 9,598 | |
| Finance | ||
| Bank charges | 673 | 164 |
| Information technology | ||
| Repairs and renewals | 465 | 213 |
| Governance costs | ||
| Accountancy and legal fees | 912 | 234 |
This page does not form part of the statutory financial statements
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MARNHULL PRESCHOOL T/A THE JUNGLE HUT PRESCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Total resources expended | 69,164 | 50,569 |
| Net (expenditure)/income | (4,674) | 18,134 |
This page does not form part of the statutory financial statements
Page 11