Victoria Road Pre-School Tilehurst Village Hall Victoria Road Tilehurst, Reading RG31 5AB
Registered Charity Number: 1020175 Telephone: 07989 261637
18[th] October 2021
Dear Committee & Parents,
Victoria Road Pre-School AGM
I would like to thank Jo & the staff for all their hard work this year. They make the pre-school a happy, safe & secure place for the children.
Our major income is funding from Brighter Futures (RBC). This year compared to last year shows a reduction of monies for our funded children, although our income from non funded children has risen for this financial year.
Our fundraising was down from the previous year.
We received a donation of £8580.37 from another pre-school which unfortunately ceased running. With this we were able to upgrade the garden and purchase new equipment to benefit the children.
Our major expenses are payroll & rent
With best wishes.
Sharon Hammond
Treasurer, Victoria Road Pre-School
Victoria Road Pre-School
Profit and Loss
August 2020 - July 2021
| TOTAL | |||
|---|---|---|---|
| AUG 2020 - JUL 2021 | AUG 2019 - JUL 2020 (PY) | ||
| Income | |||
| Admin Fees | 45.00 | 80.00 | |
| Donations | 9,023.37 | 260.00 | |
| Fundraising | 926.20 | 1,359.03 | |
| Interest | 0.18 | ||
| RBC Funding | 91,891.30 | 120,600.60 | |
| Sales | 17,268.50 | 12,561.50 | |
| Uniform | 47.00 | 77.50 | |
| Total Income | £119,201.55 | £134,938.63 | |
| GROSS PROFIT | £119,201.55 | £134,938.63 | |
| Expenses | |||
| Advertising/Promotional | 126.84 | ||
| Computer Costs | 79.99 | ||
| Gift | 900.00 | 50.00 | |
| Nest Pension | 1,608.01 | 1,235.88 | |
| New Equipment | 7,385.25 | 1,780.55 | |
| Office/General Administrative Expenses | 257.40 | 884.06 | |
| Other Professional Services | 2,181.75 | 2,489.71 | |
| Payroll Expenses | 84,914.58 | 84,746.87 | |
| Phone Costs | 460.10 | 429.88 | |
| Pre-School Supplies | 2,729.84 | 2,347.84 | |
| Printing, Postage and Stationery | 218.05 | 112.02 | |
| Rent or Lease of Buildings | 11,370.00 | 8,097.00 | |
| Repair and maintenance | 135.00 | 170.00 | |
| Staff Training | 285.00 | 731.80 | |
| Taxes Paid | 2,768.14 | 322.96 | |
| Uniform Expense | 386.40 | 675.20 | |
| Total Expenses | £115,679.51 | £104,200.61 | |
| NET OPERATING INCOME | £3,522.04 | £30,738.02 | |
| NET INCOME | £3,522.04 | £30,738.02 |
Accrual Basis Monday, 18 October 2021 01:19 pm GMT+01:00
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Victoria Road Pre School
(1020175)
Report to Trustees of accounts for the year ended 31[st] July 2021
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees who are also the directors of the company for the purpose of company law, are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (The Act) and that an independent examination is needed.
Having satisfied myself the company is not subject to an audit under charity and company law and is eligible for independent examination, it is my responsibility to:
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Examine the financial statements under section 145 of the act.
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Follow the procedure laid down in general directions given by the Charity commission under section 145(5) of the Act and
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State whether a particular matter comes to my attention.
BASIS OF INDEPENDENT EXAMINERS REPORT
My examination was carried out in accordance with the general instructions given by the Charity Commission. An examination includes a review of accounting records kept by the company and a comparison of financial statements presented with those records. It also includes consideration of any unusual items or disclosures in financial statements and seeking explanations from you as a Trustee concerning any such matters. The procedure undertaken do not provide all the evidence that would be required in audit and consequently no opinion is given as to whether the financial statements present a “true and fair view” and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention:
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1) Which gives me any reasonable cause to believe that in any material respect the requirement
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To keep accounting records in accordance with section 386 of the companies act 2006 and
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To prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 396 of the companies act 2006 and with the methods and principles of the statements of recommended Practice: Accounting and Reporting by Charities have not been met; or
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2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of financial statements to be reached.
Joanne Brown 132 Cockney Hill Reading RG30 4EX
Date: February 2022