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2021-08-31-accounts

Chairperson’s Report 2021

Good evening and thank you all for taking the time to attend our 2021 AGM.

When I did my Chairperson’s report last year I talked about how different the previous year had been, little did I know that that was set to continue for the 2020/2021 school year. I can’t speak highly enough of the job the staff have done and the parents among us can be incredibly proud of the resilience and adaptability your children have shown.

Before we launch into the formalities, I would like to take a moment to acknowledge and thank the serving committee:

Rachel Bailey – Secretary

Amy Radcliffe – Treasurer

Beccy Dewing, Amber Ferguson and Rowenna Hallett – Members

In addition, I’d also like to thank the fundraising sub-committee who give their time to raise additional funds for the school.

It’s important to note that without the committee the pre-school would not be able to open and their efforts certainly don’t go unnoticed.

I’d also like to take this opportunity to thank the management team of Jo and Emma along with the rest of the teaching staff for the hard work and dedication they’ve shown throughout a very challenging year. They have had to adapt to changing guidance at the drop of a hat but they have maintained their professionalism and have always put the welfare of the children first and ensured that they have the best experiences they possibly can.

When taking this in to consideration, what Jo and her team have achieved this year is even more remarkable. Throughout the year they have done so much for the children, too much for me to mention here, but some of the things I would like to highlight are:

Finally, I’d like to cover the changes to staff. At the end of the school year Yvonne decided to leave the school and enjoy her well-earned retirement. I’d like to place on record my thanks to Yvonne for

the many years of hard work she has provided to the pre-school and wish her well in her retirement. Yvonne’s hours have been redistributed amongst the existing staff so there has been no requirement to recruit a replacement.

Tonight we are hoping to elect some new committee members so please let us know if you would like to become a member, we would really value your support.

Thanks again to all those that have contributed to making this year a success and I look forward to what the new school year may bring.

Old Catton Pre School Treasurer’s report AGM September 2021

Old Catton Pre School is a registered charity and a not for profit organisation and all proceeds get invested back into the pre school each year. The accounts presented are up to 31[st] August 2021, they are currently unaudited accounts, but will be audited later this year.

This year has been the first full year reopening post Covid-19 lockdown.

Income to 31[st] August was £128,197 of which £116,777 came from Norfolk county council funding along with fee of £5,045, fundraising of £2,587, uniform of £1,407, and other smaller income can be seen in the accounts.

The Pre School were lucky enough to receive 2 large donations this year, £1,000 from both Comic Relief and Tesco Bags of Help scheme.

Expenditure this year was £120,989, the largest expense were staff wages at £86k, followed by PAYE at £8,012 and rent increased to £8.5k.

Equipment and resources spend was down on last year to £4,638 and there was an increase on cleaning costs at £3,608. Work continued on the outdoor area with spends of £1,506. All other expenditure can be seen in the accounts.

Overall profits were £7,208. This surplus will be used to ensure the Pre School can continue to thrive and investment made to improve facilities.

The bank accounts are showing a year-end balance of £38,781 in the current account and £45,102 in the deposit account to cover redundancies.

Please let me know if you have any questions regarding the accounts, copies of the accounts are available if anyone wishes to view them.

Old Catton Pre School Profit and Loss Accounts For the year ended 31 August 2021

Income
Training refund
Easyfundraising
Fees
Fundraising
Interest
NCC Funding
Photographs
Uniform
GRANT
DONATIONS
Expenses
Accountancy
Cleaning
Equipment,Materials & Stationery
Events/Outings
Insurance
Ofsted, PLA, Licences
Outdoor Area - from donations
Photocopying
Printer Ink
Rates
Refund fees
Rent
Repair/Maintenance
Snack
Tax/NI
Telephone
Training
Uniforms
Wages
Net Profit
-
43
5,045
2,587
4
116,777
-
1,407
1,000
1,335
2021
£
521
-
11,977
837
15
106,791
100
1,583
5,000
8,221
128,197
1,659
-
1,843
-
7,772
-
559
-
618
-
509
-
240
-
1,159
-
332
-
150
386
-
8,000
-
64
-
332
-
8,238
-
20
-
771
-
706
-
80,126
-
120,989
-
7,208
2020
£
135,046
113,183
-
2,485
-
3,608
-
4,638
-
217
-
483
-
906
-
1,506
-
718
-
352
-
-
-
8,500
-
601
-
377
-
8,012
-
90
-
210
-
2,090
-
86,196
-
21,862

Old Catton Pre School

Balance Sheet As at 31 August 2021

Old Catton Pre School
Balance Sheet
As at 31 August 2021
2021 2020
Bank Current a/c 38,781 44,641
Deposit a/c 45,102 32,439
Petty Cash 108 146
83,989 77,226
Accruals 445
Opening balance contra - 35,491
- 35,491
35,491
-
35,491
-
48,943 41,735
Profit and Loss account 41,735 19,873
Net Profit 7,208 21,862
Total Funds 48,943 41,735