¥vi JEa 8104M JOJ IOU i! pwop sgIEa WPN (s?aisnJi UE!poisn? AUE 'aidwExe JOJ) 'Aup i! 'A!JBy? ayi Joi saoisnji eui Jo sewpN oz £L 9[ bL OL AJpiaJ?es uipdwpa L4BJES 11gUJEa ?lUIWOO Jei¥u!M 8S!noi AeAo8 d!IllL4d UBuJdELI? BlJPa 7gs JeJnsEeJi JIELI? uvii Oal8nJi lui voi p•iiiiua (Apoq Jol uo8Jgd io OWEN Jpg •IOyM JOI IOU 11 PO1ge l•Wa {Auv ii) a?wo •wvu eai•nJi eul 06FUBUI 014M s8eisnJi uPtr •ui 10 SOUIPN saL trX3 POQISOd J919X3 IIIH eyOIS PEOII 8¥EI6u!?u!Vll Be8L ssajppp Ipd!au!Jd s,Ai!Jpu? 966008 {Aup J!) JaqLunu &!Jpuo paJais!Oa Aq UMOU¥ S! AI!JE49 $gWEU J8YK) dnojg |OOLPS8Jd Iiiu eyois gw?u @IJBU? si!Eiap uo!IEJISIU!LUPE PUE a?uaJaJaè4 v uo!i?as .01 LUOJ gwp pua pouad alEP YEIS Poljed poljad ayi Joi yoda¥ IEnuuy .saaisnJi
Z&Ol 4gJe ¥vi ayi Jo iuawdoièAèp pup 3uiupèi Jia418ui?ue4ua èJoJaJè41 wnin)iJJn? s,uaJpi14) ayi io yed AIIEP E aWO?Oq SEiI U?14M sJaMOU PUE sqjay 'sqnJ45 'sa3pa4 'Sol p8u!eiuiew '8uuua4 aJnJas apni)ui oi uapJE3 pue punoJSAeid Joopino Jno paJeAouaJ aAEy am Lud9 01 westr'L 4aaM e sA?p s 5uado1004?SaJd aLII iuawnsop 6u!UJOAO si! u! Ino ias Ai!JEU eL41 JO si?afqo aui Jo AJBLuwns 'Ino pu? èpisui uioq ssa))e 8uiMOU aajl •APU UaJP1143 'sawii lie ie iunowpjpd si 3uipjen3ES aJa4M JU?WUOJIAUè 8uiJEinwi Js '•Jg5 e ap!AoJd oi'sJ?aA pase uajpiiy) liv oi uoi1np? Aijea pup aJp?pi!y) AJiiEnb 4814 8u!piAoJd Aq lUno? 041 amas oi aJe1004?SèJd aui JO swle sa!1!A!iJE pue saA!i?alqo uo!iJas 'LLJeUi 06pupw 01 saJnpe?oJd PUE weisAs 841 pu? s¥siJ Jofpuj 10 uoiiwaplsuo? ,$9gisnJi ',se!yEd peiEieJ AUE L411M diL4SUO!I?1gJ SWOM AIIJPLP 841 Llg!LIM LIIIM ¥Joweu Japim AUE PUB aJni?nJis IBUO!I?S!UB6Jo $,Aiupy? oui sggisnji 10 6uiuipJi pue uoii?npui eui Joi peidopE SaJnp0Jd PUE selaiiod '.InoqE 'JUEAèleJ eJOLIM 'UOII?WJOIU! IPUOIIIPPE ppnioui 01 osoouts Apw noA (uoiipwjojui Ipuoiido) 9ons$i e?UBUJOAo8 IBuoiiippv po1)813 spouiew uo!i?910s 8aisnJi peinl11su si AIuELIg aLII MOH iueLunaop 6uiuJeAo6 Jo edAI si$nJi s,N!Jpyg ayi Jo uo!IdiJ?$ga iuawa6EuEW pue a?ueuJaAo6 'aJnJ?nJis 8 uo!iJas {uoiiBwJoJui Ipuolido) w•qwaw u?Is JOlUaS 10 SaWPU JO OA!ina8xa Jalya JO aWPN ssajppv Ja$!hpp Jo adAI {UOllPLUJOJUI Ipuoiido) sJesiApE JO S8SSeJPPP PUB sewEN aWPN
014?JP vi 'uni 8uiAp4 pue suej) PUE sye '8ui¥oo) '8uiiin 48noJ41 S14 J aiejqèiè) PUP UJE?I am pup uoi8iiaJ pue a?pJ 'èJniin) ,l$jaAlp UI 4)!J aUIO)aq 011004)s Jno SPJOJIP S141 's?Ipnis Jiayi Suiysiuu Jo ino 8ulAJJ allym AIisJèAiun Ip)01 a418uissa?)e siuajed Jiè41 èiepowvJo))e oi èLUIi 10 418u•i Jein?iyed e Jw UaJP114) iojua AIJEin3aJ am 'èJe OM le418uiuas asjahip AJaA 0418uiiJaiiaJ iÈJnLU PU? luld 04M iaod ie)01 E 411M dn PaWEal èm £zoz UI '8uipu•u* uèJpii4) ayi 013ui¥oo? puv 8uiuapJ?8 IAJiaod '3ui8u!s '8uiiuivd sp 4?ns siii¥s 8uiSuiJq SiUaAa pue Ioou)S ayl yllm paAioAuI 8uiua8 Aolua Aiu8noJoui SiUaJEd 'aipd!J!iJpd OJ aiqp si auoAJaAa ajaym SAPM Inijapuom Jo AJaiJEh e ui Miunwwo) Ir)01 ayi 8uiAJ?s AJ•sJnN Apa PUE1004?S?Jd 8uiAIJui È aJE èm 'App 4)ea i?41 uieiuietu Oi PJP4 Aiawajixa ¥JOM èm pup AJasJnN Aea pup Iooy)SaJd 8uipunsino uv se UOliEindaJ poo8 ah ? aAE4 am '5Jp•A èANn)asuo? [ JOJ Iinj ua•q ahe4 4J14M SLUOOJSSel) Z am 'aj pup uoiJp)npa io Aiii?nb isay814 è41 iuawaidwi oi aA!JIS 01 nuiiuo) pup yodaj paisjo 8u!pupisJno ?Aiin)asuo) tr Jno p•Aa14?P am OSÈ sJvaA o '8ui¥Jèp è41 paJaidLUO? èAP4 am JEaA SIMI 'weèJ èA!J?JiSlU!wpp ayi oiuo Jaqwaw Jjeis Jayioue aiepowwoJ)e ol èJiJJo up 8uipiinq aj8 am aJa4MI)è[oJd Mau E un8èq aM10043S a41 JO YJMOJI 041 uieisns oi Lud9 Iiiun puaue 04M lie oi iudtv ie i)EUS pa¥oo? AuiiEa4 e Jamo pue AEP 4)eè uwpiiyj Jo %CM)T Aq MOU PaSSaJ)? nuaw awii 4)uni UBiJeia8aA Jno paAoJdwi aAp4 am 'iseoi PUE IPèJa) '¥IILU PUP i!n4 4SaJ4 ssa)?e A•41 •114M 8uiuJouJ 4)#a uajpiiu) Jno oi a)IMas isEJ¥PQ aaji Jno 8uiuiuuiYuJ aJE am .1114$ e 8uiuJE?l allym eèjp Iv)01 a41013uiinqijiuo) pup ssa?oJd a41 Su!Ao(ua Aiini aJE inq asjno) Jla41 UIYIIM sa8us snoiJEA Jp aj? Oym saJiiuaJddE É pèAoiduJa am 'ppoJ ayi punoJE sai)!yaA Jiaui 3uipiJ Aolua pu? peoj Jnoqp ujpai oi uaJp1143 è41 JOI E•JE PEOJ p Jiinq pu? uapJe8 Jno io uo!i?as e pawJoisuEJi aAe4 am '$8uippnd Aiiep J!a41 Joi paAofua u3Jpi!y) 4111?IUM POOJ Oiu! paujni pue sèajj Jno wojj si!nJi è41 papaiio? am Jawwns Isn 'iuawuoJiAua J!a41 JaJJ? ¥OOI 01 MOY uJ¥ai Aa41 'uJayJ punoJE PIJOM iejnieu
LI?JE ¥vi 'sJeeiunioA Aq gpEw uoiinquiu '.IUaWlS8AUI peiEIOJ aWWBJ6oJd AJ!iod 6u!yBWIUEJ6 uo Agliod '.InoqE 'IuEhel8J 8J8LIM 'siuaweiws Jeuynl apni)u! 01 esooy? ABW noA (uo!i¥wJoiui Ipuoiido) $01l!A!WP PUP SaA!I9o[qo 10 siipiap Ipuoiiippv (iji auaq aliqnd uo uo!SS!WUAO Ailjpu? 841 Aq penssi a?uppin6 ayi 01 pJp6aJ pBu 8ABy saaisnji Ipui uo!IpJpioap AJoiniBIs oui uolioos siyi U!Lll!M gpni?u!) Siaalqo gsaui 01 uo!IpiaJ u! Iijauaq g!Iqnd eui Joj ua¥p¥apun so!IlA!IQB uipw aui Jo Ajpwwns
Z10114gJe vi 'iooygseJd AIUELI? pu? Ai!unLUWO? gill OIU! ¥aEq Ind 01 giqp aq 016u!UlBJI aJOW L4siidwos)e 01 efiuis 01 Je6pa pu? suo!IP?14IIEnb AJoiEPUEW IUEAaiaJ aL41 PIOU IIP èm 'slIUaJddE £ 6u!pniaui eJoJaq Jene UBUI paAoidwè ueis èJow aAey am 'siuapis3J Aijapia Aiauoi i?)01 Jno oi saxoq sewis!J4) 01 Jahiiap pue a)npoJd oi pa3EUEiU PUE siuajed UMQ Jno pu¥ uJa)uo? a* 411M dn pawE61 am £ZOZ SEUUSIJY? '55è))ns ieèj? e sem 4?!UM a411p M!unwwoJ pup uajpily) ayi lie aiw Jawwns p Play am ZZOZ JaUJLuns 's,u! dojp a¥e) pue eai pu? $3uiuJow aa440) SP 4)ns SiUèAa lUno) IE?01 'sd!Ji Ai!LUW 3uipniJui SJEaA i è41 ssoJJe siuaAa 8uisieJpuw snoiJeA PaAèl4Je èAey am JFeA eui Ou!Jnp UFU? aul JO SIUaLU8ha!UQE UIBW 041 Jo AJEwwns a?ueLuJo4Jad PUE siuaLuaAa!u?v a uollgas
¥vi 97/9o/L7 elEa Jg¥MSVI¥J {oie 'J!pu? 'AJpiaJ?es Bo) UOlllSOd ($)owpu Iina (s)aJnipubis seeisnji s,Ai!JELIQ 04110 JIEyeq uo pau8!s 'aAOqP yodw ,saoisnJi gyi PeAoJddp OAPY Aoui IBui ojpigop Segisnji ayi UO!IEJEI?aa 9 UO!i?as uoliewjoiu! ieuo!Ido Jauio uo!i?as 'peidopB ?Iiod lu0$9Aul IVJll419 AUE 6uipni?ui s8Aii?afqo pue A?Iiod IUaWl$aAU! '.Aiue49 8L4110 S?Alla8!qo Ae¥ eyi pgyoddns SPY ejniipuodxg MOLI (6u!s!EJpuni AUE 8u!pni?u!) spuni10 se?Jnos Ipdi?uiJd s.AiiJEw? eyl '.Inoqe IUEAeieJ PJ8iIM 'UOII?LUJOJUI IEUOIIIPPE 8pni?ui 01 osoou? APLU noA (UOllELUJOlU! Ipuoiido) SllBIgP Melh8J Ipioupuil Jeyyn Iioji ap ui AIiBUel?w spuni AUB 10 SllEiaa 'laA81 papedxe aui MOI8q SIIBJ ewwu! i! IOOLpseJd eui UlEisns pu? suo!IE61Iqo knuppunpaj 1é8w 01 sehjasaj |EI?ueuiJ iuepiuns piou OJ SWIE IOOLpseJd samasaj uo A?Iiod s,@uEu aui 10 iuawaipis J8!J£ Ma!AaJ IEIJUEU! 3 uo!1gas
Charitv regislration nuTnber.' 800998 Stoke Hill Pre-school Group Annual Rewrt and Financial Statements for the Year Ended 31 August 2024
Stoke Hill Pre-school Group Contents (continued) REfEfEnce and Administrative Details Trustees, Report 2103 Stateinent of Trustees, Responsibilities Independent Examinerfs Repon Statetnent of Financial Acrivities Balance Sheet Notes to the Financi21 Statements 8t0 17
Stoke Hill Pre-school Group Reference and Administrative Details Chairman Carla Chapman Trustees Carla Chapman Mrs Louise Winkler Mrs Sarah Campain Mr Phillip Bovey Mr Dominic Carnell Charity Registration Number 800998 Principal orrice i6 Salisbury Road Exeter Devon EX4 6LU Independent ExAminer Thompson Jenner LLP I Colleton Crescent Exeter Devon EX2 4DG Page I
Stoke Hill Pre-school Group Trustees, Report The trustees present the annual report together V<ith the financial statements of the charity for the year ended 31 August 2024. Objectlves and aetlvities Obje¢l.v ftnd alms The aiTll5 of (he pre-h(VdaY nursw are io serve ihe communily by providing high quality childcare and early education to all childrcn aged 0-5 yeaT%. To provide a safc. stimulating cnvironmenl where safeguarding is paramount at all lime5. Children have fr¢e tlowing access both inside and oui. The gardens provide a variety of learning opportunities including gross motor skills. creative aJ)d thinking skills and enhancing Ihcir know.ledge and understanding of the world. Puhlic benefit The pre-school is open 5 days a week from 7=45am to 6:00pm. Parenis and carers can access this facility as the sessions offer flexibility to meet theiT individual needs. We open at 7..45 which is inclusive of breakfast club and finish at 6pm. Daily hot meals are available. Wc also provide moming and afternoon sc%sions (with lunch). Parental involveTnent lakes place in a variety of ways. Parents can join the committee and actively participat¢ within the 0.eIl running of the pre-school i day nursery. Parents are encouraged to share their Skills such &s takints part in a weekly rota such as gardening singin& talking about professions. baking etc. Wc serve a wide Tanoe of cultural backgrounds and implement opportunities to include all race. religion, mtrdns and abiliry. The trustees confinn thai they have complied with the requirements of section 17 of the Charities Act 201 I to have due renard io the public lknefit guidance published by the Charity ComMi10n for England and Wales. Financial review Ar the end of the year the charity held £1 08.933 (2023:£78.391) of unrestricted fund5. Polic) oil reserves Tlie pre-5chooliday nursery aims to hold sufficient financial rescrves to meet Tedundancv obligaliops and sustain the pre-5rhool if incolne falls below the expected level. The trustees consider that unrestricted reserves of £108,933 are appropriak to cover unexpecied costs and meet the hariry's needs. Page 2
Stoke Hill Pre-school Group Trustees, Report (continued) Achievernents and performance We have renovated our outdoor playground and garden to include secure fencing, maintained trees, hedges, shrubs. herbs and flowers which has become a daily part of the children's curriculum therefore enhancing their leaninu and development of the naiural world around them. They learn how to look after their environmeni. Last summer wc collected Ihe fruirs from oiir trees aDd turned Ihem into food which the children enjoyed for th¢ir daily puddings. We have trdnsformed a section of our garden and buili a road area for the children to learn about road safety and enjoy riding their vehicles around the road. We have employed 3 apprentices who are at various stsges within th¢ir course but are fully enjoying the process and conlributingT to the local area while learning a skill. We are maintaining our free breakfast scrvice to our children each morning while they access fresh fruit and milk, cereal and to&st. We have improved our vegetarian lunch time menu accessed now by IOOO/o of children each day and offcr a healthy cooked snack at 4pm to all who attend until 6pm To sustain the ¥owth of the school we have begun a new project where we are building an oifice to acc4)mmodate anoihcr staff member onto the administrative team. This year we have completed the decking. Lasi year we achieved our 4th consecutive outstanding Ofited report and continue to strive to iTDplement the highest quality of cducation and care. We have 2 classrooms which have been full for 2 consecutive years. We have a very good Teputation as an outstanding Preschool and Day NuT5ery and we work extremety hard to maintain that each day. We have achieved various fundrdising events across the year including famity trips. local community events such as coffce mornings and tea and cake drop in's. Christmas 2023 we tearned up with Age concern and our parents and Inanaged to produce and deliver 20 Christmas boxes to our local lonely elderly residents. We are a thriving Preschool and Daj Nursery serving the local community in a variety of wonderful ways wher¢ everyione is able to participate. Parent5 thoroughly enjoy getting involved with the school and events bringing skills such as painting, singing, poetry, gardening and cooking to the children attendin& We teatned up with a local poet who painted and mural reflecting the very diverse setting that we are. We regularly enrol children for a particular l¢ngth of tiKne to accommodate their parents accessing the local university iyhile carrying out or finishing their studies. Thi5 aftords our school to becom¢ rich in divcrsity, Culture, rac¥ and religion and w¢ learn and celebrate this through ialking, cookin& arts and crafts and having fun. Page 3
Stoke Hill Prtrschool Croup Ststement of Trnstees. Resp•nslbllltles The Irusw¢s are T[sIble for Preparing the Ine8, rep)n and the flMn¢ial slatrmts in CLoYdon¢e wfth the niied Kingdom Accountin8 sts1rds (Uniied Kifi8dom Gen¢rnlly A¢¢epied A¢¢outttity Pra¢ii¢e) and applicable law and regulaii¢)ns. The law applicable w ¢harilies Tequirts ihe tyustees to prepare finaficial stakments for each firthncTal year which ¥iv¢ a (tu¢ and fair view of the Sthle of affairs of th¢ ¢harir)' Aod of the incornin¥ resources 4tyA appli¢ation of resour¢¢s of the ctwiry for that Fttiod. In Prep•r1 th¢s¢ fingNial s10(emeots, the trwes are Tequired to: seleci suitabk accounlin8 p)lici&% and ihen appl). ihrni consi5(¢nlty' obscrvc Ihe mctho&s and principlc5 in the awitics SORP: sIAle ivlth applicable accourting standarth hmre been follo subicrt lo any mawial d¢rt disclosed and explaincd in the financial sWCrnL& and prepare tk fiDaDcial statements on Ihe going COnn basis it is Inappropr to Presun thai the charity ill tt)nlIn in The tnL5tees are resp)nsibk for keeping PTOPCT accounting record5 that di105¢ TSonle accurw at any time the finaJKial posilion of the chaiity and awble them to ensu that fiDall statements comply with the Charities Act 2011. the Chariti¢s {Accounts and Re) ReIonS 2008. ond the prlsIonS of the con51ttution. The tnLStees are al80 resPNlle for saf¢guarding the A%5ets of the charity and her for taking re&sonable steps for The trCeS are Tesp)nsiblc for the maintenance and intcgrity. of the corporat¢ and finapcial inf0mti0Th incltyjed on Ihe clknirilable comtAnYs Th-ebsik. Lryislativn govalling the prew1 OMI disseminl0ll vf finAncial stthments may differ from legislation in other jytisdiction& 102 .. and si8ml on its bthalf by.- Approved by the trnses of the charity on .. .. . ...... 8n and trus*e Page 4
Stoke Hill Prfrschool Group Independent ExamlDer's Report to the trustees of Stoke Hlll Prfvscbool Group I r¢pon io the tte5 on my eXAmInl0 of Ihe ut$ of Siok¢ Hill Pre-S¢hool Grwj (or Ihe year ended 31 Au8lL8120J? . RespOnbIlItIe1 and b••ls of r4port As the ¢h8nty of Sknke H1 Pre•ScI)01 fjroyp you are responsiblt Cor the pftparnrion of the accounts in a¢cord•n¢¢ with the r¢quir¢nMts of the Chariti¢S A¢t 2011 ('th¢ Act.). I report in re5peth of my examimlion of ihe Sioke Hill PrfrS¢hool Group's a¢¢ounts wri¢d ow w)der sertion 143 of Il?L 2011 Acl 8TrJ ir CA(ryiDS Out my cxaminalion I have followcd all thc applicable Ditections by tbc Charity Commi55ion urdier section 14515Xb) ofthe Act. Indopende•t emthmoer'g statement Since Stoke Hill Pre-SchLN)l GrS gross income exeeeded Q50.0(Kl your examiner must be a member of a body listed in sec1X 145 of the 2011 ACL J confirn) thai l am qualified to the ¢xamiwion because l am a member of FCA. which is (Mc ofihc li5td imxlies. I ha¥¢ wmpleted exaMitio I confirn that w terial matters have come to my aEiention in co[llon with the examination giving cause to belicvc in qny erIal r¢spert: l. aoUnting records were nol kw in respect of Stoke Hill Pre-SclMx)l as required by sec(ion 130 of the ACL or 3. the do comply with the counting Tequirts con¢emin8 the fo and conteTrt orOunts sel vul ill Charitie5 (A¢aMuts and Re} Rela1105 other than aoy requiremeni that the accliunls I have no concerns aml have come acm&g no other matter5 in conncthon iiiih the examination to which attetrtion $Fxxdd be drnwn in this rep(fft in orderto enable a proper unthrsthIIng olthe accounts to be rexh. Jon8than W'estley FCA I Colleton Cr¢xfnt F.xelEr Devon EX2 4DCI DBte.' 2S.06.L*>xS Page 5
Stoke Hill Pre-school Group Statement of Financial Activiti&% for the Year Ended 31 August 2024 Unreslricled fund5 Total 2024 Note Income and Endowments from: Donaiions and Icgacics Charitable activities Investment income 141.795 226.237 71 141,795 226,237 71 Total income i68.103 368,103 Expenditurc on: Charitable activities (337.561) (337.561) Total expenditure (337.561) (337,561) Net inconie 30,542 30,542 Net movement in funds 30.542 30,542 Reconciliation of funds Total funds brought fonvard 78u91 78,391 Total fund5 Caled forward 15 108.933 Uurestricted funds 108,93J Total 2023 Note IncoTne and Endowments from: Donations and leJo cies Charitable activities Investrnent iTtCOTne 94,730 218,IOi 44 218.103 Total income 312.877 J12,877 F.xpenditu re on: Charitable activities (261,019) (261,019} Total expenditure (261.019) {261,019} Nei income 51.858 51,858 Nci movernenf in funds 51,858 51,858 Reconclllatlon of funds Toral funds brought forward 26.533 26,533 Total funds carried forward 15 78.391 All of the charity's activiti¢5 derive from conlinuing operations during the above two periods. The funds breakdown for 2023 15 Shown in note 15. The notes on pages 8 to 17 fotm an integral part of these financial statements. Page 6
Stoke Hill Pre•School Groap (Reglstratlon number: 81J0998) Balance Sheet AS at 31 August 2024 2•24 2•23 Flxed TRn8ibl¢ a55e¢s Current Debtor5 Cash ul bunk gfyj in hatml li 26.581 6.929 12 13 734 83.765 2,494 70.656 4.499 7.3,150 Credkor%: fdllllg dlle fwLlhln •De lear 14 (2.147) 11,688) Net ¢urrent atsets 81352 71.462 108.933 78,391 Fmnds ofthe charity: Lnrestrlcted IDCOW Lnrestrided 108.933 78.391 Totsi fimds 15 10&933 78,391 The fitiancial Stements on pagcs 6 kn 17 wcre apprDi"ed by the tn&ees. and 8uthorised for issue on .. and si on their beh8lf by: zol Car Ch82fxDan and truse The leS on pages 8 10 17 fonn inlegtd part of these finrncial s(ateJr Page 7
Stoke Hill PreChoOl Group INotes to the Financial Statements for the Year Ended 31 August 2024 l Accounting liCIeS Statement of compliattee The financial statements have been pr¢pared in accordance with the second edition of ihe Charities Sratement of Recommended Practice issued in Ociober 2019, the Financial Reporting Sthndard applicable in ihe United Kingdorn and Republic of Ireland (FRS 102) and the Chariiies Aci 2011. Basss of preparation Stokc Hill Pre-school Group meets the definition of a public benefrt entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at C05t or transaction V21ue unless otherwise stated in the relevant note(s) to these accounts. Going concern The trustees consider that there are no material uncertainties about the charitys abilty to continue as a going concern. Income and endowments Voluntary income including donations. gift& Icgacies and grants that Provide core funding or are of a general natur¢ is reco Jised when the charity has entitlement to the incolne. it is probable that the income will be received and the amount can be measured with sutTicient reliability. Grunts recetvable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. whe perforn)ance conditions are attached to the grant and are yet to be meL the income is recognised as a liability and included on the balance sheet as deferred income to be released. Invesrmenl income Investmenl income is recognised on a receivable basis. Expenditure All expenditure 15 recognised once there is a legal or conslructive obligation to that expenditure, it is probable settlemenl is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that reoaie similar costs lo that category. Where costs cannot be directly attributed io particular headings thev have been allocated on a basis consistenl with ihe use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocaied on ihe portion of ihe asset's use. Other support costs are allocated based on the spread of sthff cOs. Cliarllable ocliw.llaf Charitable expendirure comprises those costs incurred by Ihe charity in the delivery of its activilies and service5 for its bcneficiaries. It includes boih costs thai can be allocaied directly io such aclivi(ies and ihose costs of an indirect nature nece55ary to suppon rhem. Page 8
Stoke Hill Pre-school Group Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) Support costs Support costs include central functlOTJ5 and have been allocated to activity cost categories on a basis consistent with the use of resources. for example. allocating property CO515 by floor area& or per c3piW stsff cosis by the time spent and other costs b!, their usage. G'overnance costs These include ihe costs artribuiable lo the charily's compliance wilh constitutional and statutory requirements, including audit. Strategic management and trustees meeiings and reimbursed expense5. Goi'ernmcnt grants Government grdnts are recognised based on the accrual model and are measured ai the fair value of the asset receivcd or receivable. Grants are classified &s relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recogni5ed. Grants relating to a55ets are recognised over the expected useful life of the awL Where part of a grdnt relating to an asset is defeed, it is recognised as deferred incolne. Taxation The charity is considercd to pa the test5 set out in Paragrdph I Schedule 6 of the Finance Act 201 O and therefore it meets the definition of a charitable company for UK corwt7tion tax purpose5. Accordingly. the charity is potentially exempt from tation in respect of income or capital gains recelved within categories covered by Chapter 3 Part I I of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable PUTposes. Txngiblc fixed assets Individual fixed assets costino £0.00 or more aTe initially recorded at cosL less any subsequent accumulated depreciarion and subsequent accumulated impairnient losses. Depreeiatiou ¥4nd amortisation Depreciation 15 provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value. over their expected useful economic life as follows: Asset cla55 Land and buildings Properh., plant and equipment Depreciation melhod and rate Not depreciated 200/0 Straight line Trade dtbtors Trade debtors are amounts due from customers for merchandise sold or services perfomed in the ordinary course of business. Trade debtors are recoJo ised initially at Ihe Iransaciion price. They are subsequenily measured at amortised cost usin8 the effcctive in*rest method, less provision for impairmeni. A provision for Ihe impairmeni of trade debtors IS established when there is objective evidencc thal the charity will not be able to collea all amounts due according to the original tern of the re1vable$. Page 9
Stoke Hill Pre-school Group rsotes to the Financial Staternents for the Year Ended 31 August 2024 (continued) Cash and cash equivalents Cash and cash equivalents cornprise ¢ash on hand aT)d call deposit4 and other short-tenn highly liquid investments rhat are readily convertible to a known amount of cash and are subject io an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds Ihat ar¢ available for use ar the nvsiees discretion in furtherance of the objecrives of the charity. Designated funds are un$triC[ed fund5 set aside for Specific purposes at the discmion of the irustees. Pensions 2nd other post retirement obligations Thc charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal OT constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits lating to employee service in the current and prior period5. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they arc due. If contribution payments exceed the contribution due for service. the exce55 is recognised as a prepaymenL 2 Income from donations and legacies Unrestricted funds Ceneral Total 2024 Total 2023 Grants. including capital grants: Government grdnts 141.795 141.795 94,730 141.795 141.795 94,730 3 Income from charitable activities Unrestricted fund$ General Tot81 2024 Total 2023 Fees Lunch income Admin Income Sundry Incorne 222.433 1,764 2.040 222.433 1.764 2.040 213,413 2,246 1,893 551 226.237 226237 218,103 Page 10
Stoke Hill Pre-school Group Notcs to the Financial Statements for the Year Ended 31 August 2024 (continued) 4 Jnvr5tment Income Unreslricted funds General Total 2024 Total 2023 Interest receivable and similar income: Interest receivable on bank dew)sits 71 71 44 5 Expenditure on chydritsble activitie5 Unrestricted funds General Total 2024 Total 2023 Salaries and staff costs Food Insurance LTtiliti Play materials. equipment & consumables Adininistrative costs Daycare Buildino repairs and gardening Governance costs Legyal and professional costs Advertising and marketing costs Rent Bank charges Depreciation 281.244 124 2.561 6.820 12.784 5.865 3.836 12.036 1.080 2.158 3.100 800 434 4.719 281.244 124 220,330 2.561 6.820 12.784 5.865 3.836 12.036 1.080 2.158 3.100 800 434 4.719 2,566 6,091 14,427 5,715 4,655 6,582 542 337.561 337.561 261,019 Pagell
Stoke Hill Pre-school Group Not to the Financial Statements for the Year Ended 31 August 2024 (CODtinued) 6 AnalysL8 of governanee and support costs Governjnce costs Unreslricted funds General TotAI 2024 Independent ex2miner fees ExaThination of the financial statements 1.080 1,080 1.080 1,080 7 Trustees remuneratRon and expen5e5 No trustees. nor anv persons connectcd with them. havc received any rernuneration from the charity during the year. No trLLStees have received any reimbursed expenses or any other benefits from the charity during the ye. Page 12
Stoke Hill Pre-school Grnup Notes to the Financial Ststements for the Year Ended 31 August 2024 (Continued) 5 Staff costs The payroll costs were as follows: 21)24 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs Other staff costs 258.912 10.940 3.530 7.862 210,897 6,690 2.743 281.244 220,330 The monthly averaoe numiKr of persons (including senior management I leadership team) employed by the charity during the exprcssed as full tilne equivalents was &s follows: 2024 2023 Staff 16 14 No employee received emoluments of more than £60.000 during the year The total employee benefits of the key management personncl of the charity were £48.302 (2023 - £43,031). 9 Independent eLgminer's remuneration 2024 Examination of the financial statements 1,080 l O Taxation The charity, is a regiSred charity and is therefore exempt from taxation. Page 13
Stoke Hill Pre-school Group Iyotes to the Financial Ststements for the Year Ended 31 August 2024 (continued) 11 Tangible fixed assets land and buildin%s Oiher tsngible rixed gssel Total Cost At I September 2023 Additions 7.470 24.371 7,471 24,371 At i l August 2024 31.841 31.842 Depreciation At I September 2023 Ch8roc for the year 542 4.719 542 4,719 At 31 August 2024 5261 5,261 Net book valuc At 31 August 2024 26.580 26,581 Ai 31 August 202) 6.928 6,929 Includcd within the net book value of land and buildings above is £Nil (2023 - £Nil) in Te5pect of freehold land and buildinos and £1 (2023 - £1 } in respect of leaseholds. Page 14
Stoke Hill Pre-school Group Iyotes to the Financial Statcments for the Year Ended 31 August 2024 (continued) 12 Debtor5 2024 2023 Prepavments 734 2,494 734 2,494 13 Cash and cash equivalents 21)24 2023 Cash on hand Cash at bank 178 70,478 83.765 83.765 70,656 14 Crcditors: amounts falling due within one year 2024 2023 Accruals 2.147 1,688 2.147 1,688 Page 15
Stoke Hill Pre-school Group Note5 to the Financial Statements for the Year Ended 31 August 2024 (continued) 15 Funds Bal#n¢e At I September 2023 BalAnce at 31 August 2024 Incoming resources Resources expended Transfers Unrestricted funds Gencral 71.462 368.103 (337.561) (19.652) 82.352 Desi&Tnated 6.929 19.652 26,581 Tot21 funds 78J91 368.103 {337.561) 108,933 Balance at I September 2022 Balance at 31 August 2023 Incoming resource5 Resource5 expended Transfers Unrestricted fund5 Generdl 26.532 312.877 (261.019) (6.928} 71,462 Designated 6.928 6,929 Tot21 funds 26.533 312.877 (261.019) 78,391 Page 16
Stoke Hill Pre-school Group Nute5 to the FinaDcial Statements for the Year Ended 31 August 2024 (¢ODtinued) 16 Analy515 01 net assets between funds Total funds At 31 August 2024 Unrestri¢led funds Gentr41 Designated Tangible fixed assets Current assets Current liabilities 26.581 26,581 84.499 (2.147) 84,499 {2.147) Total net assets 82.352 26.581 108,933 Total funds at 31 August 2023 Unrestricted funds Ceneral Designaled Tangible fixed asseis Current assets Current liabilities 6.929 6,929 73,150 {1,688) 73.150 (1,688) Total net Sets 71,462 6.929 78,391 17 Related partv transactions During Ihc ycar the charitv made the folloNTring related party transactions: SDO S Doyle is an etnployee of Stoke Hill Pre-school. £8.313 (2023: £Nil) of expense5 for nursery rLmning costs were reiTmbursed to S Doyle during the year. At the balance sheet date the amount due tolfrom S Doyle was £Nil (2023=£Nil). Page 17
a3id 'Ja Ix3 UOAaa J¥iaNa IU•M•AJ UOJallOJ I v)a A)Iis>th U¥4ivuor 'P44x 4 01 siwi0 aw Jo 8u1wmsJapuTr Jadoxl i •iqvua oi J4Jo u! ys)dai ¥1 UT IWPJP •q pirio41 UO! JU.11111 4,I!M.11 UI uO!IRU!IXJ 4fll 411.11 u0110) u! %i>ii•¢u J)410 ¥goJx )wts) #he4 TMI¥ l•lU4)U(>) OU ?All4 1 'uoi)N!w8xa iuJpu?d?pu! UT Jo u•d s¥ paJ•w.%uo) • WU $1 4)T4IA ,MalA JTW PU• alUI. q .Tr,I18 $iunn)Ip aw iu?waJ!nbw Aup uv41 J#410 8¢JOL SII¢)IIFin%?¥ l%ycrfl.i¥ puv siunw)v) s?ii!JP4) a41 ui inn ias •IUliQ)X JO IUalUOJ PU• iLUtsJ >41 8u!wa)uo? ets!iuno#)B a41 411th Aldu) iou op i)urK>3)P aml '[ AO,.$pJO) a$Q41411.11 pJi>.iai iou op 8iimo))v ayi 'i •41 JO 011 IAOIS)•s Aq pw!nb•J $8 dnojo I49S-aJ4 11!H a¥oisJo i?ad$aJ ui id•4 swoJ 8u!iuno)?¥ ' I ',1)ad$ Iyugiyw Auv u! I¥W >A>114 01 asnv) julA uo!ivu!WVia •41 IPl.4I 110113auuog uo!iu•u¥ oi Jwo) sJ•uwi ieu>i*w ou mp UUW) I 'UOUBWtaw Kw pawidwo) >A14 1 'Sg!PO9 11 a41 JO $1 4)14M 'VJ.4 JO J•qiIi¥Iu Y i ?sne3aq uo!i#u!wtx) 941 •4Iuun oi paul1b Lui I iyyi UUIJUO) I 'I)v I IOZ gIP JO St•1 110!I)>S U! p)1811 Apoq i Jo J•4WW v oq Jau!wvxJ inoA Oc'0S3 P•P•)J%a •wo?u! 55oJ8 s,dnoJo i004)S.>Jd 11!Fl •lOIS ?JUIS iuaw•i¥ii $.J•wBu#J) iu•pu•dgpwi 'iJy ?uiJo Iqll4)stl UO!13X J)pun uo!ssItUWCs) .411ry? Aq UOAIII sun!iJaJ!a ?IqB?Iiddp J41 Ili P04th0IIOJ OAPY l UO!Iiu!Iii#x? A¢u Ino fiu!Kuw u! puv iav I IOL INII Jo Gtri uo!i)a$ J>pun Ino PLUI) siunowv s,dnoJ9 I¢XI4?S4Jd11!H >4OIS )41 JO UO!IVU!UIRX? Aw Jo p)dgaJ ui yodaj I 'I,i)v ,) I101))V S)!ITnU) aiy}o sJuaw>J!ftbaJ 411.11 ))u¥pJo))¥ VF Jo uo!J¥Trdwd •41 Joj •iq!suod%ai ar4 hoA dftoJD1004gS-aJd IiiN Jo O!Jru) sv yod•J 10 6IIW4 pu¥ styiiiqpuodua 'PtyOi i¥n8nv i [ pJpu> ivaA 94) Aoj dnoJD pO4-1)d 11!H •IOIS JO SIUll¢)YJT JO IlOllVU!iiryi¥) Kw uo sUl a41 01 uod#J I dnoJg iOOqOS4Jd IIIH OYOJS JO so01sl •41 oi yoda¥ $,4auiwffxq iuapuadjpui noJg1004JS4Jd IIIH aYIOIS