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•.
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&,Co3 IccTh3fcr i Hfyxec PCl4meLI,
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