Rackerhayes Pre-School
Treasurer's Report 2021 – 2022
This years accounts are run from 1st September 2021 - 31st August 2022
Income
The total income for the year was £108,481.59 of which £9,726.33 were paid school fees & lunch club fees. We received £85,639.28 in funding from DCC Early Years and £6,996.50 from vouchers. The remaining income was generated through fundraising, socials, registrations fees etc. After the reduction of fundraising in the past few years due to the COVID restrictions, the amount raised from fundraising has started to rise again, fundraising this year being £1633.04, which includes £999 funding awarded from Kingsteignton Council.
Expenditure
The total expenditure for the year was £109,313.92. We spent £85,908.82 on staff wages, £625.40 on staff training and £4680.50 on renting the premises. The rest of the expenditure is broken down on the End of Year sheet - Staff wages have increased this year, this in turn increases the Pensions. The Tax and NI however is lower this year due to being in credit from 5 years previous. This has now almost been cleared so will go back up again next year.
We have also spent £1010.02 on replacing and renewing toys and equipment and on the outdoor play area.
Computer consumables have gone up this year as it includes the purchase of a new printer. We have had some major repairs this year spending £3313.84 on replacing the fence, repairing a shed roof and a new shed.
These figures also include a monthly SO transferring £100 into a contingency fund, we use this account to cover expenses / wages during quieter periods. This year in November we transferred £3500.00 from the contingency fund into the current account to cover wage expenses and when the funding came through this was transferred back into the contingency in December.
Petty Cash
The Petty Cash Held at the end of the year is £105.67, the income from fee’s and expenditure split between heating, snacks, gardening and activity items.
The accounts are currently with an independent examiner
Statement of Assets and Liabilities At 31[st] August 2022
Current Account
| Fund at 1st September 2021 £7569.62 Income + £108,481.59 Expenditure - £109,313.92 FUND AT 31st August 2021 £6737.29 |
Fund at 1st September 2021 £7569.62 Income + £108,481.59 Expenditure - £109,313.92 FUND AT 31st August 2021 £6737.29 |
|---|---|
| 1 st Reserve Account (Redundancy) Account ending 211 Fund at 1st September 2021 £ 10067.35 Plus Deposits +£0.00 Plus Interest +£4.72 FUND AT 31st August 2022 £10072.07 |
|
| 2 nd Reserve Account (Contingency) Account ending 203 Fund at 1st September 2021 £6128.28 Plus Deposits +£4700.00 Minus Withdrawal -£3500.00 Plus interest +£3.29 FUND AT 31st August 2022 £7331.57 |
|
| Fund at 1st September 2021 Income from Fee’s unbanked Expenditure FUND AT 31st August 2022 |
Petty Cash £70.62 +£100.00 -£64.95 £105.67 |
RuppdFra8er f.FIARTF,RliD AI,'CII[IXT.4ITS & REeJl%TERED 4UDITORS 7 sl I'auls Road Ab1 Deibn TVI 2 2HP l'1116268.'i1418 F 0162tk 362169 E aceounianis@rupp-frdser.co.uk ' w.rnpp-rrd8£'r,Co.uK RACKERHAYES PRE-SCHOOL, ()ur Ref Your Ref INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RACKERHAYES PRE-SCHOOL, I report lo the Trustees on my examination of the finawal statements of Rackerhayes Pre-school, (the Trust) for the year ended 31 August 2022. R•sponslbllltlfrs and b¥sls of r•port As the Trustees of the Trust you aig responsible for the preparation of the financial statements in accordance with the requirements of the Charities Acl 2011 Ilhe 2011 Act). I r•port in r•Jpect of my examination of th• Trust's financlal 8ts18ments carried out under Sectlon 145 01 the 2011 Act. In carrying out my examination I have followed all the applicable D1CtionS given by the Charity Commission under section 1451Sllbl of the 2011 Act. Ind•p•nd•nt •xamln•r'$ stat•m•nt Your attention is drawn lo the lact that Ihe charity has prepafed finanei#l $latemenl$ in CordanCe with Accounting and Reporting by Charities preparing their accounts in accordance vAth ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the A¢¢ounting and Reporting by Chanlies.. Statement of Recommended Practice issued on 1 April 2005 which Is referred lo in the extsnt regulations but has now been wllhdrawn. l understand that this has boen done in order lor financial 51alements lo prowde a true and fair view in aordance th G•nerally Accepted Accounting Pradiee effective for reporting period¥ beginnlng on or after 1 J8nuary 2015. I have completed my examination. I confimi that no matters have come lo my atténtion In connection with the examinalien giving me cause to believe that in any material resped.. a¢counlSng records were not kept in respect of the Trust as QuIred by section 130 of the 2011 Act,. or th• financial $tslemgnts do not accord wth Iho$e records., or the financial statements do not cornply with Ihe applicable quirementS concerning the fom and conlenl of aceounls sel out in the Chanlies (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 examinatign. I have no concerns and have come across no other matters in wnne¢tion wslh the examination to 4thiGh attention Should be drawn in this report in order lo enable a proper undeTslanding of the financial stslements to be reached. Dated.. 14 November 2023 Pariner8 C,.Rupp FQ4 l.S.Frd8cr &S¢iEconlFCA K.8Vnd5 FLf4 CTA kethi¢ io rarn Ill audsiwLYI In I)rl-K ID¢ InsUlte OlchartrdAolEJnLIth WaDaaDthIi•