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 D1￿ctionS 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|