MILL LANE PRE-SCHOOL ASSOCIATION IPre-5chool, Toddler Group & Baby Clubl BROXBOURNE, HERTFORDSHIRE RÈgistered ChArity No. 1023359 MEMBERS ANNUAL REPORT This Charity is known as the Mill Lane Pre-school As50Clation. Registered Charity Number 1023359. For the fin3ncial year beginning I. January 2020 and ending 31" Detetnber 2020 the principal addre55 of the Association is 9 Long Grove Close, Broxbourne. Herts. EN￿ 7NP. The mana8in8 trustee5 for the year are as follows:. Mr5 S Mentgomery, Mr 5 Barnfather. M5 S Morgan, Mr5 C Laurella and Mr5 D lohnsoTr. Members ol the managing tru5tee5 must be nomlnated by two rnembers of the Associat￿n seven days prior to the AGM. The A550ClaI￿n is govemed by its Constitution, last amended and adopted at 3 Special General Meetingon Isih May 2019. The Associatlon 31mS to provide safe and 53tisfyin8 Eroup ploy for the promotion of education of pre-school children. 2020 was a difficult year which saw 2 8lobal pandemi£ close our setting for 3 rnonths and upon rp-opening change our working practices. The health, safety and well-being of our parent5. children and staff became an absolute priority with policies and procedure5 adapted accordingly. The trustees have appri)ved the above report. &gned., Full Name.. Sue Montgomery Position.. Chair Date.. Mèrch 2021 ## **MILL LANE PRE SCHOOL** **Bank Balances (as per start of year - 1 Jan 2020)** Bank Balance (Current): £ 1,220.53 Bank Balance Savings: 6152.14 Starting balance adjusted income: Starting balance adjusted costs: **Total: £ 1,220.53** **Estimated Present Cash £ 2,734.63** |**Costs**|||**Income**|**Income**|| |---|---|---|---|---|---| |Salary:|-£|31,470.69
|Attendance Fees:|£|18,168.50
| |Staff Adhoc Expenses:|-£|1,722.72
|County Subsidies:|£|21,579.34
| |Inland Revenue:|-£|144.02
|Fund Raising Events:|£|1,809.50
| |Rent:|-£|5,003.51
|Other:|£|2,839.22
| |Professional Services:|-£|1,081.08
|**Total for Cash Balance:**|**£**|**44,396.56**
| |Equipment:|£|-
|Manual Income Adjustment:|£|4.83
| |Consumables:|-£|472.74
|**Total for 2020 Accounts:**|**£**|**44,401.39**
| |Staff Training:|-£|400.00
|||| |Other:|-£|587.70
|||| |**Total For Cash Balance**
Manual Cost Adjustment:|**-£**
£|**40,882.46**

1,283.84
|**2020 Profit \ Loss**||**£4,802.77**| |**Total For 2020 Accounts**|**-£**|**39,598.62**
|||| |**Current Account To Savings Account Transfer**|**£**|**2,000.00**
|||| ## **Commentary** £1,065.55 - Manual Cost Adjustment: Cost adjustment for rent paid in 2020 that related to 2019 rent and was accounted for in 2019. £227.69 - Manual Cost Adjustment: For overcharge by BT for services - credit received in 2021. £39.20 - Manual Cost Adjustment: Missed HMRC payments in 2020 - paid in 2021. £29.80 - Manual Cost Adjustment: Credit from County Supplies received in 2021 for unfullfilled orders in 2020. £2,000.00 - Funds transferred from Current Account moved to Savings Account. £4.83 - Manual Income Adjustment: Interest from Savings Account. 25/03/2021 Final Accounts 2020 for distribution MILL LANE PRE-SCHOOL ASSOCIATION. BROXBOURNE INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF MILL LANE PRE-SCHOOL ASSOCIATION REGISTERED CHARITY NUMBER." 1023359 On accounts for the year èndèd 31.12.2D20 Set out on page three overleaf. AesptttivÈresrthsibllitjes TryStee$4ndfR•rninpr exèmire tthe31countsuDdeFsEttic￿ 1450t1￿ch￿rrt1eSK1. tostittrwhelherpbrtitu￿r IQ MVall*ntl?n. Ba%50f Inde￿nd￿N￿￿￿1ner'5 statement My e￿Mir￿t0￿ w¢aS carried out Ir Accordance wilh -,hè general )￿e(tIo￿5 {.ven by ltr￿ Chantv report 15 Iifflit&Ototthse matto'ssAout.nthp qtatrgmèrr tr*low Inthrtnetlitsnwrth m¥eNèMi￿t￿￿. nomètter ha5 CDrnetofflVatte?t￿Th'. stat•mont whichgive5rne rpa5Qnhbk tauspto bEI￿veth￿t In.anymiterial re5*£tThe reouiieme TOPièpaiÈatttyurlswhich WLCh the ￿[COU￿￿1￿E iecorth coffjp￿ wlth ILcourilinE IEqulrernenf50ttkE (haTILt5kn met.or IOwhi(h, In myopinion, atremion5hould b&drawnir.0r￿rloé￿abl0l p.opè1undÈr￿an&1Th1 fIl*aEro￿n1S be re4(hed. SigThEd 1O&rch. 2021 MJ. 5tp.pF*ry5 59Wnod51ockRoad