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2023-08-31-accounts

Old Catton Pre School Profit and Loss Accounts

For the year ended 31 August 2023

Income
Training refund
Go Fund Me
Fees
Fundraising
Interest
NCC Funding
Photographs
Uniform
GRANT
DONATIONS
Expenses
Accountancy
Cleaning
Donations made
Equipment,Materials & Stationery
Events/Outings
Insurance
Ofsted, PLA, Licences, Website
Outdoor sensory shed
Photocopying
Printer Ink
Rates
Refund fees
Rent
Repair/Maintenance
Snack
Tax/NI
Telephone
Training
Uniforms
Wages
Net Profit
732
£
963
£
23,316
£
1,908
£
230
£
117,849
£
-
£
1,228
£
-
£
7,201
£
2023
£
153,426
£
149,420

4,006
£
138
£
-
£
5,773
£
2,219
£
6
£
116,160
£
-
£
1,054
£
500
£
99
£
2022
£
125,948
£
129,733
2,194

2,005

-
£
4,383

222

932

1,144

10,672

1,060

234

-
£
30

9,900

98

1,078

12,125

171

1,156

1,997

100,020
2,111

2,357

91

5,986

683

906

770

-
£
1,373

172

108

152

9,000

-
£
645

11,451

80

156

711

92,981
3,784

Old Catton Pre School

Old Catton Pre School
Balance Sheet
As at 31 August 2023
2023 2022
Bank Current a/c 39,294 35,436
Deposit a/c 45,337 45,107
Petty Cash 26 108
84,657 80,649
Accruals
Opening balance contra - 35,491
- 35,491
- 35,491
- 35,491
49,166 45,158
Profit and Loss account 45,160 48,943
Net Profit 4,006 - 3,783
Total Funds 49,166 45,160

Chairperson’s Report 2023

Good evening and thank you all for taking the time to attend our 2023 AGM.

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

Amber Ferguson – Secretary

Sarah Pipes – Treasurer

Beccy Dewing – Deputy Chair

Along with the rest of the members. It’s important to note that without the committee the preschool would not be able to open and I am grateful for your input and commitment to your roles.

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 the year. They have high standards and expectations which really comes across when we look at the development of the children that are cared for within the setting. They put the children and their families first and it creates an environment which allows the children to flourish.

As always, 2023 has been a busy year with some real highlights:

In relation to staff change, Michelle has decided to leave the pre-school after 12 years. I’d like to place on record my thanks to Michelle for the many years of hard work she has provided to the preschool and wish her well in her future ventures. We are currently advertising for a new colleague to join the team and take on the vacated position.

Finally, I’d like to cover a potentially significant change. Over the last few years we’ve been looking at the best ways to future proof the pre-school. This saw us move from providing a session-based provision to an all-day provision in 2019, a change which helped us stabilise finances by providing a more consistent number of children cared for within the setting. As we look forward, the biggest challenge the pre-school faces is a regulatory one. Our pre-school is currently committee run and over the last couple of years there have been a number of other committee run pre-schools in the local area that have had to close as they were unable to get enough members on to the committee.

Our constitution requires us to have a number of committee members who are parents of children within the pre-school, and this continues to be an annual challenge. With this in mind, throughout this year we have been in discussion with the Wensum Trust with the aim of becoming a Trust run setting. These discussions are on-going and we are hoping to have some positive news on this front over the coming months.

In the meantime, we are also hoping to elect some new committee members to meet our constitutional requirements so please let us know if you would like to become a member, we would really value your support. Without the correct number of committee members regrettably we would have to close.

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.