Old Catton Pre School Profit and Loss Accounts
For the year ended 31 August 2024
| Income Training refund Go Fund Me Fees Fundraising Interest NCC Funding Photographs Uniform DONATIONS Expenses Accountancy Cleaning Equipment,Materials & Stationery Events/Outings Insurance Ofsted, PLA, Licences, Website Photocopying Printer Ink Refund fees Rent Repair/Maintenance Snack Tax/NI Telephone Training Uniforms Wages Net Profit |
19 £ - £ 7,339 £ 1,462 £ 652 £ 163,382 £ - £ 1,495 £ - £ |
2024 £ 174,348 £ 144,122 -£ 30,226 £ |
732 £ 963 £ 23,316 £ 1,908 £ 230 £ 117,849 £ - £ 1,228 £ 7,201 £ |
2023 £ 153,426 £ 149,420 -£ |
|---|---|---|---|---|
| 2,323 -£ 1,821 -£ 3,618 -£ 485 -£ 977 -£ 906 -£ 307 -£ 127 -£ - £ 10,890 -£ 442 -£ 1,128 -£ 13,218 -£ 86 -£ 482 -£ 1,856 -£ 105,457 -£ |
2,194 -£ 2,005 -£ 4,383 -£ 222 -£ 932 -£ 1,144 -£ 1,060 -£ 234 -£ 30 -£ 9,900 -£ 98 -£ 1,078 -£ 12,125 -£ 171 -£ 1,156 -£ 1,997 -£ 100,020 -£ |
|||
| 4,006 £ |
Old Catton Pre School
Balance Sheet As at 31 August 2024
| Old Catton Pre School Balance Sheet As at 31 August 2024 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | ||||||||
| Bank | Current a/c | 28,868 | 39,294 | ||||||
| Deposit a/c | 85,989 | 45,337 | |||||||
| Petty Cash | 26 | 26 | |||||||
| 114,883 | 84,657 | ||||||||
| Accruals | |||||||||
| Opening balance contra | - | 35,491 |
- | 35,491 |
|||||
| - | 35,491 |
- | 35,491 |
||||||
| 79,392 | 49,166 | ||||||||
| Profit and Loss account | 49,166 | 45,160 | |||||||
| Net Profit | 30,226 | 4,006 | |||||||
| Total Funds | 79,392 | 49,166 |
Chairperson’s Report 2024
Good evening and thank you all for taking the time to attend our 2024 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 Amy 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.
In relation to staff changes, Emma Taylor left the pre-school in May after 6 years with us. This created the opportunity for Amy to progress her career by stepping in to the position. It’s great to see colleagues wanting to progress and develop their careers with us and I wish Amy every success in the role.
I’d also like to update you on a potentially significant change. As I mentioned in my last Chairperson’s report we have 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 preschool is currently committee run and over the past 2 years we have been working with the Wensum Trust with the aim of joining the Trust. Unfortunately, we have now reached the position where this proposal is no longer viable as the Trust have shifted their focus to Secondary Schools and are no longer looking to take on pre-schools.
Finally, regarding the Committee, I’ve been incredibly proud of what we have achieved during my 6 years at the helm but feel that now is the right time to pass on the baton. Myself, the Secretary Amber Ferguson and the Treasurer Sarah Pipes will all be stepping down from our positions. I’d like to thank Amber and Sarah for their contributions over their time on the Committee. As a result we are looking to fill these officer positions along with electing new Committee members to meet our constitutional requirements. It’s important to note that without the correct number of committee members we would regrettably have to close.
Thanks again to all those that have contributed to making this year a success and I look forward to seeing what the future of the pre-school holds.