Trustees Annual Report – 2023/24
Folksworth preschool remains at the village hall catering for children aged 2 -4. We service Folksworth and the surrounding areas including Stilton, Holme, Sawtry, Yaxley and The Hamptons. (PE7)
We are a pack away setting and attempt numerous fundraisers throughout the academic year to purchase new/ replace equipment.
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Folksworth Pre-School
Receipts and Payments Accounts for the year ended 31 July 2024
NV NV
2024 (A) 2023 (A) 2022 (A) 2021 (A) 2020 (A) 2019 (A)
£ £ £ £ £ £
Receipts
Fees 11398.32 6927.00 7462.00 17218.50 9263.50 12040.41
Funding 56333.93 80473.55 88901.71 58273.38 42402.15 39135.08
Fundraising, Donations & Furlough 1614.23 322.24 16031.40 2315.90 6776.16 8333.89
Toddlers 0.00 254.78 0.00 0.00 277.50 135.00
Interest/Transfer 4000.00 7.45 6.48
Refunds 163.68 28.99 0.00 4.39 387.50 0.00
Total Receipts 73510.16 88014.01 112401.59 77812.17 59106.81 59644.38
Payments
Wages 50,993.94 57,722.49 52,386.06 40,029.55 39,909.22 40,368.92
HMRC & Pension 8,331.49 7,684.09 8,194.31 5,764.01 4,470.62 4,703.67
Hall Rent+B20 9,203.60 7,417.50 9,247.50 6,165.00 4,852.50 5,280.50
Petty Cash 1,248.77 1,250.00 1,685.00 1,410.00 910.99 1,470.00
Membership 589.00 2,248.03 206.20 539.48 1,540.91 985.00
Transfer
Miscellaneous 4,865.87 10,009.33 5,907.99 7,340.76 3,621.37 6,778.50
Total Payments 75,232.67 86,331.44 77,627.06 61,248.80 55,305.61 59,586.59
Net of receipts/(payments) -1,722.51 1,682.57 34,774.53 16,563.37 3,801.20 57.79
Cash funds last year end 83,813.95 82,131.38 47,356.85 30,793.48 26,919.08 26,861.29
Cash funds this year end 82,091.44 83,813.95 82,131.38 47,356.85 30,720.28 26,919.08
Statement of Cash Funds at year end
31/07/2024 31/07/2023 31/07/2022 31/07/2021 31/07/2020 31/07/2019
£ £ £ £ £ £
Bank Current account 10,703.83 12,434.41 21,006.62 16,191.05 9,632.07 5,773.08
Bank Saver account 65,628.34 71,379.54 61,124.76 31,165.80 21,161.41 21,088.21
76,332.17 83,813.95 82,131.38 47,356.85 30,793.48 26,861.29
-0.00
Variance 5,759.27
Savers Account Interest 935.17
Community Account Interest -8.07
Payment taken from Savings account -2,686.37 HMRC PAYE Payment 10/01/24
Cash transfer between accounts -4000
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S•¢tlrJn 4 (HARITY COMMissioN FOR ENGLAND AND WALIS Indopendont examlner's report on the accounts Repon to thft trustoos Ind•p•nd•nt Examln•r'• R•port On a¢¢ount8 for th• year ended Sfrt out on pages ozq Charlty no (If any) I report lo Ihe Iruslees on my examination of the accounts of the above charity ("the Trust") for the year ended As the charity's trustees. you are responsible for the preparation of the accounts in accordance with the requlrements of Ihe Charitles Act 2011 (°the Act.). I report in respect of my examlnation of the Trust's accounts carried out under section 145 of the 2011 Acl and In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ResponslbllOtl•s and basis of report Independent IThe charity's gross income exceeded £250,000 and l am qualified lo examiner'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 material matters have come to my attention in connection with the examination (other than that disclosed below ') 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 Act: or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the fomi 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. Please delete the words in the brackets if they do not apply. Slgned: Dat•: Nam•: Relevant professional qualiflcatlon(s) or body YA IER Oct 2018
(if any): Address: Section 8 Dlsclosur• Only complete if the examiner needs to highlight malerial matiers of concem (see CC32, Independent examination of charity 8ccounls: directiong and guidance for examiners). Give here brief details of any items that the oxaminer wishes to dlsclos•. LTh Iho knKJlXq: ckccoud , 4WKS &,Co3 IccTh3fcr i Hfyxec PCl4meLI, SlcKlc(wl£ seoTh cnd (euieecl feCCA)cMs .