Victoria Road Pre-School Tilehurst Village Hall Victoria Road Tilehurst, Reading RG31 5AB
Registered Charity Number: 1020175
2[nd] October 2023
Dear Committee & Parents,
AGM – 5[th] October 2023
Unfortunately, as mentioned by Jo, we have made a big financial loss this year. However, from a parent’s point of view, I think Jo and her team had a successful year and really helped to build children’s confidence and readiness for school. The graduation was a lovely event and well organised. Jo and her team went above and beyond to make it a special event for both children and parents.
As a committee we really need to get more involved and help the team raise funds for the everyday essentials they need. I know that money is tight for everyone now, but the team really need our help to organise events that will bring in that extra income. Last year’s Christmas Market and Graduation were good fundraisers but were a lot of work for Jo and her team.
To those of you that are interested in joining the committee, either as a secretary or fundraiser, we really appreciate your support. It is not much of a commitment beyond a couple of online training sessions and 3 meetings a year. The more people that join the committee the better for all of us and the pre-school.
I am happy to continue as chairperson if you all agree.
With best wishes.
Kind regards,
Lauren Hawkins
Chairperson, Victoria Road Pre-School
Victoria Road Pre-School
Profit and Loss
August 2022 - July 2023
| TOTAL | |
|---|---|
| Income | |
| Donations | 260.00 |
| Fundraising | 1,125.85 |
| Graduation fundraising | 424.50 |
| Interest | 94.80 |
| RBC Funding | 84,730.63 |
| Sales | 10,657.25 |
| Uniform | 33.00 |
| Total Income | £97,326.03 |
| GROSS PROFIT | £97,326.03 |
| Expenses | |
| Computer Costs | 491.98 |
| Gift | 829.00 |
| Insurances | 809.79 |
| Nest Pension | 3,196.08 |
| New Equipment | 978.07 |
| Other Professional Services | 2,225.49 |
| Payroll Expenses | 84,636.23 |
| Phone Costs | 380.73 |
| Pre-School Supplies | 1,557.69 |
| Printing, Postage and Stationery | 45.98 |
| Raising funds | 0.00 |
| Rent or Lease of Buildings | 11,075.00 |
| Repair and maintenance | 0.00 |
| Staff Training | 828.67 |
| Taxes Paid | 6,378.80 |
| Uniform Expense | 362.99 |
| Total Expenses | £113,796.50 |
| NET OPERATING INCOME | £ -16,470.47 |
| NET INCOME | £ -16,470.47 |
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Accrual Basis Friday, 15 September 2023 11:12 am GMT+01:00
Victoria Road Pre School
(1020175)
Report to Trustees of accounts for the year ended 31[st] July 2023
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 01.10.23