## **North Holmwood Preschool – Accounts 2021-2022** 

## **Report of Treasurer** 

- **A.** The key figures for the year ending 31[st] March 2022 are as follows: 

   - Income of £87,294 which is a decrease of £11k mainly this is due to a donation we received from Butterhill 

   - 

   - 

   - Expenditure of £84,167 is an increase of £7k. 

   - Resulted in a slight profit being made of £3,127 

- Bank balance at the year end was £40k with £23k held in Reserve Account which is our contingency fund 

- 

- 

   - Equipment spending was £706 which is a decrease of £800 

   - Income from fundraising was £1,208 which is an increase of £500 

- 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. 

- 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_<br>Fees<br>Fundraising<br>Other<br>Equipment Grant (SCC)<br>Training Bursary (SCC)<br>_Sub-_<br>_Total_<br>_Expenditure_<br>Salaries<br>Tax/NI<br>Hall Rental<br>Equipment<br>Expenses<br>Confirm<br>Insurance<br>Other<br>_Sub-_<br>_Total_<br>**Net**<br>**Surplus**<br>**Balance Sheet As At 31st March**<br>**2022**<br>(1)  Balance B/F<br>_Surplus for_<br>_Period_<br>_Payments into Reserve Account_<br>_Payments from Reserve_<br>_Account_<br>Balance C/F<br>(2)  Net Assets<br>:Cash at Bank|**£**<br>£<br>84,736<br>£<br>1,208<br>£                           -<br>£<br>£<br>1,350|**£**<br> <br>£<br>87,294<br>£<br>84,167|
|---|---|---|
||£<br>60,091<br>£<br>7,641<br>£<br>5,698<br>£<br>706<br>£<br>2,288<br>£<br>-<br>£<br>555<br>£<br>7,189||
||£<br>35,565<br>_£_<br>_3,127_<br>_£_<br>_5,000_<br>_£                          -_<br>£<br>40,031.16||
|||£<br>3,127|
||||
|||£<br>33,692|
||||





40,031.16