North Holmwood Preschool – Accounts 2021-2022
Report of Treasurer
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A. The key figures for the year ending 31[st] March 2022 are as follows:
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Income of £87,294 which is a decrease of £11k mainly this is due to a donation we received from Butterhill
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Expenditure of £84,167 is an increase of £7k.
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Resulted in a slight profit being made of £3,127
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Bank balance at the year end was £40k with £23k held in Reserve Account which is our contingency fund
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Equipment spending was £706 which is a decrease of £800
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Income from fundraising was £1,208 which is an increase of £500
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Salaries expenditure was £60,091 which is an increase of £8k but this is due to the fact the Pre-School was closed for 6 months in the previous years accounts.
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The hall rental has increased to £2,288 from £1,822 this is due to now being open in the 3
afternoons a week
B. The accounts have been finalised without any major issues.
Forward Looking – 2022-2023
- Continue to monitor numbers and keep an eye on expenditure
Income and Expenditure Account
| Income Fees Fundraising Other Equipment Grant (SCC) Training Bursary (SCC) Sub- Total Expenditure Salaries Tax/NI Hall Rental Equipment Expenses Confirm Insurance Other Sub- Total Net Surplus Balance Sheet As At 31st March 2022 (1) Balance B/F Surplus for Period Payments into Reserve Account Payments from Reserve Account Balance C/F (2) Net Assets :Cash at Bank |
£ £ 84,736 £ 1,208 £ - £ £ 1,350 |
£ £ 87,294 £ 84,167 |
|---|---|---|
| £ 60,091 £ 7,641 £ 5,698 £ 706 £ 2,288 £ - £ 555 £ 7,189 |
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| £ 35,565 £ 3,127 £ 5,000 £ - £ 40,031.16 |
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| £ 3,127 |
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| £ 33,692 |
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40,031.16