Hollytree Community Preschool
Treasurers Re
0rt- 2024
The financial position of the Preschool at the end of July 2024 ended notably differently to previous
years. A long overdue increase in Funding from the Government was most welcome and thi5 15
enabllng Hollytree Preschool to provide the education that the children deserve. Coupled with the
closure of Little Saints Preschool the number of children attending has increased significantly which
has also boosted funding. The extra numbers have stretched the current staff, but the increased
funding has made it P055ible to recruit two more members of staff to ease the burden, from
September 2024. In addition, salaries have been increased salaries of current staff that are more
demonstrative of what the they are bvorth.
Another boost to finances was receiving leftover money from the closure of Little Saints Preschool
and which was far more was anticipated. This money current in the savings account untll the
Super￿150T5 and Trustees decide the best use of it.
There was only a small amount of fund raising during the year, however due to the income being
improved in other areas this, thankfully. hasn't had a negative impact on finances.
Spending has continued to be kept controlled, so there is little difference to the previous year.
However, costs will rise significantly during 24-25, due to increased salaries and extra staff, plus the
inevitsble increase of other costs due to inflation etc., however it is anticipated that these will st511 be
covered by income and the likelihood that the supervisors will still maintain responslble spending.
I would like to mention Andrew Clarke who has been very kind in auditing the attounts again and not
charging market rates.
The finances forthe year appear to be robust and there is good reason to believe that the 24-25
academic year should be a great year for Hollytree Preschool.

Hollytree Community Preschool. North Baddesley (registered number: 1002072}
Independent Examiner's Report to the Trustees
For the year ended 31 July 2024
Report of the Independent Examiner to the Trustees on the accounts of the Charity
Respective responsibilitles of Trustees and examiner
The charity's trustees are responsible forthe preparation of the accounts in accordance with the requirements of the
Charities Att 2011 (The Act,). The charivs trustees consider that an audit is not required for thi5 year under section
144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed and l am qualified to
undertake the examination by being a qualified member of the Chartered Institute of Public Finance and Accountancy
ICIPFA)
It is my responsibility to:
examine the accounts under sertion 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section
14515llbl of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of Independent examinerfs statement
My examlnation was carried out in accordance with all applicable Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also include5 consideration of ariy unusual items or disclosures in the accounts and
seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts
present a 'true and fairf view and the report is limited to those matters set out in the statement below.
Independent Examlner's Statement:
In connettion with my examination, no material matters have come to my which gives me cause to believe that in,
any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Att; or
the accounts did not accord with the accounting records; or
the accounts did 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 fairf view which is not a matter considered as part of an independent examination.
I 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.
Andrew J Clarke cpfa
5 Kiln Way, Verwood, Dorset BH316GE
andrewc
kimballsmith.co.uk
The date upon which my opinion is expressed is 7 September 2024.

Income and Expenditure
Hollytree Community Preschool
Forthe yearended 31 July 2024
2024
Turnover
Fees
9,161.50
Fund Raising
Funding
Grant- RestrictedlDesignated Income
Interest Income
118.50
96,224.70
soo.00
566.03
Other Revenue
48,021.11
Trips
Uniform and Bags
Total Turnover
249.40
95.00
154,936.24
Cost of Sales
Direct Wagès
Resources
63.647.96
777.92
Snack
80.22
Total Cost of Sales
64,506.10
Gross Profit
90,430.14
Administrative C05t5
Advert15ing & Marketing
Audit & Accountancy fees
Entertainment-IOO% business
259.85
658.00
189.76
Equipment
IT Software and Consumables
1.116.35
100.49
Legal Expenses
Pensions Costs
13.00
1,909.69 -f
10.00
Postage, Freight & Courier
Presents and Gifts
624.19
Printing& Stationery
Rent
307.09
9,702.00
Repasrs & Maintenance
Staff Training
Subscriptions
Subsistence/Consumables
254.67
350.00
50.00
369.53
Trip
Total Administrative Costs
255.40
16,170.02
Operating Profit
74,250.12
Profit on Ordinary Activitie5 Before Taxation
74,260.12
Profit afterTaxation
74,260.12
Profitand Loss
HollytreèCDmtnunity Preschool
2 sept 2024
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Balance Sheet
Hollytree Community Preschool
As at 31 July 2024
31 JUL 2014
CurrentA55etS
Cash at bank and in hand
30 Day Notice- Deposit
Hollytree Community Preschool
Hollytree Preschool Cash
Total Cash at bank and in hand
87,478.02
8.573.11
301.62
96,352.75
Total CurrentAssets
96.352.75
Net Current Assets (Liabilities)
96.352.75
Total Assets less Current Liabilities
96.352.75
Net Assets
96,352.75
ital and Reserves
Current Year Earning5
Retained Earnings
Total Capital and Reserves
74,260.12
22,092.63
96,352.75
Balance Sheet
Hollytree Community Preschool
2 5¢pi 2024
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