Trustees and Treasurers Report Financial Yr 2021/22
We have started September 2021 with a record number of 68 families, many of which are utilising 30 hour funding, ending the year with 91 families on role.
Staff are well distributed around the rooms enabling staff to child ratio is exceeded to over basic ratio where possible
Number of Children:
All rooms were totally full throughout the year Little Bears holds 12 children maximum per session Big Bears holds 26 children maximum per session Rainbow Bears holds 16 children per session
Our total profit made for this year has been a successful £16,561 – this has been down to a huge increase of families taking up funded hours and 30 hour funding. Fees have increased with children and families still wanting more hours for socialisation.
Expenditure this year, as finances have been good, has been continually ensuring the preschool has up to date resources for our incoming children.
Room resources were the main focus, Our manager and room leaders went through each room to see what needed revamping and updating to ensure maximum benefit to the children’s learning and development. IT equipment has once again been a large expense – the office needed a new computer for admin as the old computer was coming to its life end. As we have more staff we have ensured that all rooms have updated tablets for the practitioners to use with ease and limited wasted time so time out of the rooms are limited and focus is on the children rather than working with old time consuming IT products.
We now have a total of 26 staff members which include our bank staff. All have been offered and taken part in up to date training and given the chance to add to their personal development.
The committee have been a fabulous support this year and continued to assist and support the centre and management throughout the year. A continued cohesive bond has reflected in the relationships of the committee and the preschool which in turn hands down to the contentment and well being of staff and children alike.
I would like to end this report by thanking in advance all the staff for their hard work this year and in supporting the committee.
Yours Sincerely
Sam Conway – Typed on behalf of Sundeep Thind TREASURER
- Winterbourne Early Years Centre Year End Accounts 202
| 01/09/2021 | to | 01/09/2020 | to | |
|---|---|---|---|---|
| Income | 31/08/2022 | 31/08/2021 | ||
| Nursery Grant | 214,965 | 163,662 | ||
| Fees | 35,774 | 26,254 | ||
| Capital grants | 1,050 | 137 | ||
| Revenue Grants | 0 | 0 | ||
| Fundraising | 224 | 0 | ||
| Petty Cash | 2,457 | 309 | ||
| other | 661 | 5,101 | ||
| Reserve acct interest | 10 | 2 | ||
| Bonus Saver acct interest | 3 | 1 | ||
| Expenditure | ||||
| Wages inc pension/payroll/bank charges | 183,821 | 142,802 | ||
| DBS checks | 507 | 642 | ||
| Training | 1,132 | 1,624 | ||
| Lease | 22,254 | 21,382 | ||
| Maintenance and repairs | 3,121 | 1,095 | ||
| Rates and Telecom | 2,531 | 2,582 | ||
| Stationery & ofce consumables | 1,337 | 1,158 | ||
| Cleaning materials | 1,134 | 693 | ||
| Petty Cash | 1,535 | 694 | ||
| ICT purchases | 2,716 | 667 | ||
| Web Payments | 384 | 298 | ||
| Advertising | 0 | 60 | ||
| Fundraising | 0 | 0 | ||
| Room Resources | 6,777 | 2,359 | ||
| Large Equip ie furniture | 3,573 | 1,427 | ||
| SEN/ EYPP Resources | 691 | 1,100 | ||
| Insurance | 1,485 | 1,456 | ||
| Memberships and Subscriptions | 1,241 | 932 | ||
| Other | 4,346 | 1,540 |
| Total Balance 31 August 2022 | |
|---|---|
| Opening Balances 1 Sept 2021 | |
| Current Account | 66,058 |
| Reserve Account | 21,410 |
| Bonus Saver Account | 8,563 |
| Petty Cash | 1,290 |
| Accrued expenditure | |
| Deferred income |
| Defered expenditure Deferred income Total Plus Proft 2021/22 2021/22 Balance Total |
|
|---|---|
| 97,321 | |
| 16,561 | |
| 113,882 |
21/22
255,144 195,466
`
238,583 182,511
16,561
Closing Balances 31 Aug 2022 Current Account 81739.68 Reserve Account 21,419.00 Bonus Saver Account 8,566.00 Petty Cash 923 Accrued expenditure Accrued income 1290 Note 1
| Deferred expenditure Deferred income Total |
|
|---|---|
| 113,938 | |
| 113,938 |
Note 1 Petty cash balance aug 21
CHARITY COMMISSION FQR ENGLAND AND WALES Independent examinerfs report on the accounts 'Section A Independent Examiiierfs Report Report to the trustees On accounts for the year ended Charity no (if any) Set out on pages I report to the trustees on my examination of the 8ccounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the A¢Y'). I report in respect of my examination of the Trust's accounts carried out under seclion 145 of the 2011 Act and in carrying oyt my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent tThe charity's gross income exceeded £250,000 ancl l am qualified to pxaminer's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. I have completed my examination. I confirm that no materlal matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe Ihat in, any material respect: the accounting records were not kept in accordance wlth section 130 of the Charities Act. 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 t in the Charities (Accounts and Reports) Regulations 2008 other than any requirernent that the accounts give a 'true and fair, view which 4s fK)t 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. Please delete the words in the brackets if they do not apply, Signed: Date: 011201 Name: g-AEAH Je*uLI Relevant professional qualification(s) or body FfM44-r. IER Oct 2018
(if any): Address: oroN AC(fjKklMIWJ 4 souMQLurtL L51W gT& ISSI G £k ScJ¢tion B Disclosure ! ,'Il,11..,,, li,, Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Glve here brief details of any items that the examiner wishes to disclose. IER Oct 2018