Chairpersons Report April 2024 March 2025
Welcome to everyone who has joined us today. I am pleased to announce that as we end another financial year, our numbers remained good.
In July 2024. 18 children graduated in front of their parents and families inside the hall and then the children had another Hawaiian Hula party with cocktails, paddling pools, bubbles, and party games.
We returned in September 2024 with a good number of children and by Christmas we were nearing maximum capacity.
In December we held our annual Christmas party for the children complete with disco, treats, party games and Santa himself popped in with gifts for all the children. The children and the staff all had a wonderful time.
There have been many small trips around Kimberley, walks to Sainsbury’s, the library and the post office, we have been gifted books for the children from Save the Children. We have also explored the nature trail.
I would like to end in again thanking all staff, committee members, Volunteers, Parents and Children for making Noah’s Ark a great playgroup and look forward to it continuing successfully.
AGM Report 2024/25
The Financial Year 24/25 for Playgroup has once again been good.
Playgroup has continued to have a large upturn in numbers and at the end of March 2024 our capacity is full. 19 children Left in July 2024 for school
Because of continued demand in places from the start of the Autumn term through to the spring term, income has increased, and we are declaring a profit of £11603. Our income from fees and funding is up again from £154808 to 163715. However, fees payments only decreased by £1476 and additional funding decreased by £15068.
Our rent continues to be a large expense at £13,894.00 per annum.
Interest earned on our savings has increased considerably this year, with interest rates continuing to be high, we have earnt £2229 compared to £881 last year. This has increased due to putting the money in high-rate fixed bond for a longer term. Our savings have increased from £90976 to £102579.
We are still not accruing any bank charges due to the fact we invest the contingency fund.
The biggest expense as usual is the wages bill which has increased this year again due to minimum wage increases to from £93398 to £123910.
We are still paying for the mobile phone on a sim only contract at around £5.00 per month and have the internet which strangely Rev Barbara has told us we no longer need to contribute to.
Again, we are no longer spending on advertising. Due to playgroup being so high in demand, we have not needed to advertise. We have spent money on toys with a total spend of £3957.
Our costs on subscriptions have decreased from £851 to 511 yet we continue to subscribe to Tapestry, Twinkle, Sage payroll, Ofsted, Wix website domain, Namecheap and Microsoft office.
Finally, 24/25 has been much better than expected and we continued to thrive.
Looking to 25/26 numbers are dropping considerable in September with 20 children leaving to school so we will be monitoring closely the financial situation. , and the pressures the new financial year will cause us around numbers and funding.
Treasurer
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INDEPENDENT EXAMINERS REPORT I have examined the accounts for Noah's Ark Playgroup for st the year ended 31 March 2025. A set of accounts has been produced. The accounts properly present the receipts and payments for the Charity for the Financial Year. There are no significant findings to report to the Committee. Claire Flinton ACMA 08/06/2025