Treasurer's Re ort for ear endin 31° Jul 2024 st This report accompanies the accounts for 1st August 2023 - 31 July 2024. They have been prepared by Louisa Edwards and have been independently examined by Kirsty Citrano. The Pre-school Committee are very grateful to both people. The pre-school ended the year with a deficit of £4607.79 bringiru the current balance to £50,388.72. This is made up from £12,769.64 in the current account and £57.55 cash in hand, -£7696.93 being the net balance of credttors and debtors and £45,258.46 is being held in the reserve account. It is recommended by the Early Years Allian and Charity Commis&on that a minimum of 1 term's expenditure. which in the case of Datchworth Pre-school amounts to approximately £35,000, should be held in reserve. Total income decreased by £10,759.70 compared ¥Mth the premous year and expenditure decreased by £648.57. A brief explanation of the significant variances of income and expenditure from the premous year are given lOw. Income Income from fees and funding has decreased by appiox. £6,500 due to an overall reduction in pupil numbers and attendance. Fundraising income was approx. £1600 lower than the previous year and grants & donations received totalled £195. enditure Although overall expenditure remained broadly the same. there were significant increases in staffing costs and rent. The pre-school continues to closely monttor spending and savings are made wherever possible without resulting in a lowering of standards or affecting the quality of provision. Fundraising remains an important source of addttional income which enables the pre-school to purchase equipment and materials for the children to use. It is recommended that each year the full amount of the income generated is put back into the pre-school as soon as possible so that the children quickly enjoy the benefrts. A huge Ihank you, should be given to all members of the committee, staff and parents who contributed in any way to the fundiaising activities. Amy Baker (Datchworth P-sChool Treasurer) REGISTERED CHARITY NO.1026232 Datchworth Willage Hall, 52 Datchworth Green. Datchworth. Hertfordshire SG3 6TL Tel .. 01438 814310
CHARITY COMMISSION FOR ENGLAND AND WALES Independent Examiner's Report on the Accounts Section A Independent Examinerfs Report Report to the trustees Datchworth Pre-school On accounts for the year ended 31st July 2024 Charity no (if any) 1026232 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 3110712024. Responsibilities and basis of report As the thariws trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Act?. I report in respect of my examination of the Trusl's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable D1ctionS gÈven by the Charity Commission under section 145{5){b) of the Aci. Independent I have completed my examination. I confirm that no material matters have Examinerfs statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with sedion 130 of the Charities Act- or the accounts did not accord WFth the accounting records; or the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 otherthan any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection th the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 11 /os/¥- Name: Mrs Kirsty Citrano Address: 36 Robbery Bottom Lane Welwyn AL6 OUN
Datchworth Pre-School
Report & Accounts
For
Year Ending 31st July 2024
Datchworth Pre-school
2024 2023
End of Year Financial Report 01/08/2023 to 31/07/2024
INCOME
| Fees Received From : Session/Lunch Club 14,138.00 Grants (Herts C.C.) 79,930.50 Fundraising Gross income 2,111.90 Fundraising costs (see note 1) 800.84 - Milk Reimbursements 665.36 Other Income T-Shirt & book bag net sales (see note 2) 120.60 Donations 55.00 Gift Aid 67.34 Bank Interest 1,207.35 Miscellaneous (see note 3) 140.00 TOTAL INCOME EXPENDITURE Wages & Employers N.I. 81,824.15 Rent 10,806.70 Milk 665.36 Staff Training 270.00 Subscriptions (see note 4) 788.60 Repairs/Maintenance/Cleaning 1,418.99 Printing, Stationery, Admin 527.78 Phone & Internet 570.92 General Supplies & Equipment 2,707.26 Insurance 974.06 Accountancy & Bookkeeping 50.00 Gifts & Social (see note 5) 590.21 Sundries (see note 6) 988.97 Bank Charges 60.00 TOTAL EXPENDITURE Excess of Income over Expenditure Balance B/F 1st August 2023 Balance C/F 31st July 2024 |
21,669.56 94,068.50 78,877.06 3,285.96 360.04 - 1,311.06 665.36 689.64 16.57 3,520.70 133.53 451.93 1,590.29 110.00 97,635.21 75,105.68 7,305.40 681.84 1,003.95 649.04 10,518.13 475.41 578.29 4,100.65 929.41 50.00 760.75 673.02 60.00 102,243.00 4,607.79 - 54,996.51 50,388.72 |
|
|---|---|---|
| 100,546.62 | ||
| 2,925.92 | ||
| 689.64 | ||
| 4,232.73 | ||
| 108,394.91 | ||
| 102,891.57 | ||
| 5,503.34 49,493.17 |
||
| 54,996.51 |
Notes to the Accounts
INCOME
| (1) Fundraising costs Christmas cards Nativity refreshments Easter raffle prize Photo baubles Mother's Day Father's Day (2) T-shirts & book bag sales 2023/2024 (net of costs) (3) Miscellaneous income re Parish Magazine Grant EXPENDITURE (4) Subscriptions Nursery World Magazine Amazon Kids DBS Checks & Renewals Office software Teach in Herts Data Protection Ofsted (5) Gifts & Social Staff meals Gifts (6) Sundries Village Fete programme advert Disco Ducks & Mini Mozart Furniture & equipment Staff uniform LED lights Mileage & parking |
236.00 8.94 17.60 48.30 270.00 220.00 |
|---|---|
| 800.84 120.60 140.00 144.00 74.99 208.00 150.61 126.00 35.00 50.00 |
|
| 788.60 257.72 332.49 |
|
| 590.21 35.00 170.00 413.62 104.07 254.28 12.00 |
|
| 988.97 |
At 2024 2023 CURRENT ASSETS Bank Current Account Bank Deposit Account Cash in Hand Debtors (Note 1) 12.769.64 45,258.46 57.55 198.00 58,283.65 5,232.23 51,066.44 179.42 498.76 56,976.85 Less Creditors (Note 2) 7.894.93 1.980.34 NET ASSETS 50.388.72 54,996.51 {1) Debtors Fees outstanding 198.00 498.76 198.00 498.76 (2) Creditors Tax & Nl owing for PAYE (July) PAYE overtime owing {July) Rent owing for July HCC funding August 2024 387.00 487.49 768.00 6.252.44 7,894.93 292.91 1,109.78 577.65 1,98CJ.34 Approved by (Chairperson> Date 21k S 4029
Datchworth Pre-school Accounts Spreadsheet 1st August 2023 to 31st July 2024
| Income Fees HCC Grants/Funding Fundraising Milk reimbursements T-Shirt/bookbag sales Donations Gift Aid Bank Interest Miscellaneous Total Expenditure Wages & Employers NI Rent Fundraising T-shirts & book bags Milk Staff Training Subscriptions Repairs/maintenance/cleaning Printing/stationery/admin Phone & Internet General supplies & equipment Insurance Accountancy & Bookkeeping Gifts & Social Sundries Bank Charges Petty cash withdrawals Net Movement Bank Accounts Opening Current account Deposit Cash in hand Total |
Total Cashbook & p/cash Debtors Creditors Debtors Creditors Others 14,138.00 14,438.76 - 498.76 - 198.00 79,930.50 86,182.94 - 6,252.44 - 1,311.06 2,111.90 - 800.84 - 665.36 665.36 120.60 300.00 179.40 - 55.00 55.00 67.34 67.34 - - 1,207.35 1,207.35 140.00 140.00 B/S Adj 2023 B/S Adj 2024 |
|---|---|
| 97,635.21 105,168.65 - 498.76 - 198.00 6,252.44 - 980.24 - |
|
| 81,824.15 82,352.35 1,402.69 - 874.49 10,806.70 10,616.35 577.65 - 768.00 - 800.84 800.84 - - 179.40 179.40 - 665.36 665.36 270.00 270.00 788.60 788.60 1,418.99 1,418.99 527.78 527.78 570.92 570.92 2,707.26 2,707.26 974.06 974.06 50.00 50.00 590.21 590.21 988.97 988.97 60.00 60.00 - - |
|
| 102,243.00 103,561.09 - 1,980.34 - - 1,642.49 980.24 - |
|
| 4,607.79 - 1,607.56 - 1,481.58 198.00 7,894.93 - - 5,232.23 51,066.44 179.42 56,478.09 |
Closing Current account 12,769.64 Deposit 45,258.46 Cash in hand 57.55 Total 58,085.65 Movement 1,607.56
- Datchworth Pre School
- Income Expenditure 01/08/23 to 31/07/24
INCOME Fees HCC Grants/Funding Fundraising Milk reimbursements Uniform sales Donations Gift Aid Bank Interest Miscellaneous TOTAL INCOME EXPENDITURE Wages & Employers NI Rent Fundraising T-shirts & book bags Milk Staff Training Subscriptions Repairs/maintenance/cleaning Printing/stationery Phone & Internet General supplies & equipment Insurance Accountancy & Bookkeeping Gifts & Social Sundries Bank Charges Petty cash withdrawals TOTAL EXPENDITURE Difference |
Bank A/c 14,438.76 86,182.94 1,000.70 665.36 185.00 55.00 67.34 1,207.35 140.00 103,942.45 82,352.35 10,616.35 783.24 179.40 665.36 270.00 788.60 168.99 527.78 570.92 1,904.28 974.06 50.00 494.72 806.97 60.00 - 101,213.02 2,729.43 |
Petty Cash - - 1,111.20 - 115.00 - - - 1,226.20 - - 17.60 - - - - 1,250.00 - - 802.98 - - 95.49 182.00 - - 2,348.07 -1,121.87 |
Total 14,438.76 86,182.94 2,111.90 665.36 300.00 55.00 67.34 1,207.35 140.00 |
|
|---|---|---|---|---|
| 105,168.65 | ||||
| 82,352.35 10,616.35 800.84 179.40 665.36 270.00 788.60 1,418.99 527.78 570.92 2,707.26 974.06 50.00 590.21 988.97 60.00 - |
||||
| 103,561.09 | ||||
| 1,607.56 |