**CHARITY REGISTRATION NUMBER: 1026434** 

## **Rolvenden Pre-School Unaudited Financial Statements** 

## **31 August 2024** 

## **DAVID PAYNE** 

Chartered accountants Sportsman Farm St Michaels Tenterden Kent TN30 6SY 



## **Rolvenden Pre-School** 

## **Financial Statements** 

## **Year ended 31 August 2024** 

||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Chartered accountant's report to rolvenden pre-school on the||
|unaudited financial information|**3**|
|Statement of financial activities|**4**|
|Statement of financial position|**5**|
|Statement of cash flows|**6**|
|Notes to the financial statements|**7**|
|**The following pages do not form part of the financial statements**||
|Detailed statement of financial activities|**14**|
|Notes to the detailed statement of financial activities|**15**|





## **Rolvenden Pre-School** 

## **Trustees' Annual Report** 

## **Year ended 31 August 2024** 

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2024. 

## **Reference and administrative details** 

**Registered charity name** Rolvenden Pre-School **Charity registration number** 1026434 **Principal office** Rolvenden Pre-School Rolvenden Village Hall Rolvenden Cranbrook Kent TN17 4ND 

## **The trustees** 

## **Accountants** 

Lauren Fagg (Chairperson) Izzy McEwan (Treasurer) Hannah Larkin Thomas Robson (Secretary) Kirsty Goodsell Dougal MacDonald David Payne Chartered accountants Sportsman Farm St Michaels Tenterden Kent TN30 6SY 

## **Structure, governance and management** 

Rolvenden Pre-school was registered as a charity in 1987 and now has a team of four term-time staff who provide infant education as well as collaboratively perform the administrative needs of the school. In turn, the charity as a whole is controlled by the board of Trustees, the details of whom are listed above, who hold regular reviews throughout the year) David Payne Accountants were appointed in 2016 to assist us with our accounts production, reporting compliance and payroll obligations. In turn this provides relief for the core members of staff to remain fully focused the children, the school and associated fundraising activities. 

## **Objectives and activities** 

Our aim is to provide high quality care and education for children approaching statutory school age through a combined approach which focuses on play, academics and social development. Our vision is based on the unshakeable premise that each child must be treated as an equal and as an individual. We work in accordance with Ofsted guidelines within the Early Years Foundation Stage framework. (More information can be found at www.rolvendenpreschool.yolasite.com) 

**- 1 -** 



## **Rolvenden Pre-School** 

## **Trustees' Annual Report** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **Achievements and performance** 

We began the year with 17 children on roll, with 1 leaving and 4 joining us throughout the year, giving us 20 on roll by the end of the year. Of these, 10 moved up to primary school in July 2023, leaving 10 continuing with us for the next year. 

We enjoyed dance sessions weekly during the autumn term, an animal encounter in July and the purchase of dental hygiene resources to make use of grant money from the Ashford Early Years Collaboration. We took part in the Rolvenden Christmas Fayre, raising £60. We joined the Primary School Reception class nativity play and their summer end of term play, having spent several weeks visiting the class and allowing the children to feel really comfortable with the transition to Primary School. We invested in a new entrance door, part funded by the Village Hall, to improve security and allow more light and ventilation into the room. In September 2023 we hired a new apprentice (Aga), after Katie successfully completed her level 3 training. This allowed us to gradually increase the number of children attending, however, we did have to employ additional cover staff while waiting for Aga to receive her DBS check and first aid training. In July 2024 we were inspected by Ofsted and graded Good in all areas. This was a great achievement for the staff team. 

We have begun to struggle financially, with minimum wage increasing significantly, government funding rates remaining low and more children eligible for extended government entitlements. Our hourly fees remained static this year and fundraising was almost non-existent. The current committee are winding down in the hopes of merging our charity with Home Farm Nursery under the Tenterden Schools Trust. This has caused some difficulties while we remain in a kind of limbo as the merger process has taken longer than expected. 

## **Financial review** 

In less recent years the school has managed to generate a healthy funds surplus. That had created something of a buffer to sudden cost fluctations, but last year's surplus was already down to a trickle. This year, although overall income increased by £10,000, a corresponding increase of £14,000 to wages and £6,000 to repairs and general running costs has made the impact to the bottom line inevitably poor. Reserves have decreased by 25% in a single year. Under previous economic conditions that could be be seen as a one-off, but evermore increases to the wages bill suggest it may not be. 

The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by: 

Helen Harris Authorised Signatory 

**- 2 -** 



## **Rolvenden Pre-School** 

## **Chartered Accountant's Report to Rolvenden Pre-School on the Unaudited Financial Information of Rolvenden Pre-School** 

## **Year ended 31 August 2024** 

In accordance with the engagement letter dated 20 June 2016, we have prepared for your approval the financial information of Rolvenden Pre-School for the year ended 31 August 2024, which comprise the statement of financial activities, statement of financial position, statement of cash flows and the related notes from the charity's accounting records and from information and explanations you have given us. 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. 

This report is made solely to the board of trustees of Rolvenden Pre-School, as a body, in accordance with the terms of our engagement letter dated 20 June 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Rolvenden Pre-School and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release TECH08/16AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rolvenden Pre-School and its board of trustees, as a body, for our work or for this report. 

You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all informations and explanations necessary for its compilation. 

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information. 

DAVID PAYNE Chartered accountants 

Sportsman Farm St Michaels Tenterden Kent TN30 6SY 

**- 3 -** 



## **Rolvenden Pre-School** 

## **Statement of Financial Activities** 

## **Year ended 31 August 2024** 

|||**2024**|**2024**|2023|
|---|---|---|---|---|
|||Unrestricted|||
|||funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|£|
|**Income and endowments**|||||
|Charitable activities|**4**|59,427|**59,427**|49,773|
|Investment income|**5**|196|**196**|93|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total income**||59,623|**59,623**|49,866|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Expenditure**|||||
|Expenditure on charitable activities|**6,7**|69,010|**69,010**|49,105|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total expenditure**||69,010|**69,010**|49,105|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net (expenditure)/income and net movement in funds**||(9,387)|**(9,387)**|761|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Reconciliation of funds**|||||
|Total funds brought forward||42,090|**42,090**|41,329|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total funds carried forward**||32,703<br>৶৶৶৶৶৶৶৶|**32,703**<br>৶৶৶৶৶৶৶৶|42,090<br>৶৶৶৶৶৶৶৶|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

**The notes on pages 7 to 12 form part of these financial statements.** 

**- 4 -** 



## **Rolvenden Pre-School** 

## **Statement of Financial Position** 

## **31 August 2024** 

|||**2024**||2023|
|---|---|---|---|---|
||**Note**|**£**|**£**|£|
|**Current assets**|||||
|Debtors|**10**|**78**||39|
|Cash at bank and in hand||**33,131**||42,291|
|||ৄৄৄৄৄৄৄৄ||ৄৄৄৄৄৄৄৄ|
|||**33,209**||42,330|
|**Creditors: amounts falling due within one year**|**11**|**506**||240|
|||ৄৄৄৄৄৄৄৄ||ৄৄৄৄৄৄৄৄ|
|**Net current assets**|||**32,703**|42,090|
||||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total assets less current liabilities**|||**32,703**|42,090|
||||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net assets**|||**32,703**|42,090|
||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Funds of the charity**|||||
|Unrestricted funds|||**32,703**|42,090|
||||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total charity funds**|**13**||**32,703**|42,090|
||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|



These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by: 

Helen Harris Authorised Signatory 

**The notes on pages 7 to 12 form part of these financial statements.** 

**- 5 -** 



## **Rolvenden Pre-School** 

## **Statement of Cash Flows** 

## **Year ended 31 August 2024** 

||**2024**|2023|
|---|---|---|
||**£**|£|
|**Cash flows from operating activities**|||
|Net (expenditure)/income|**(9,387)**|761|
|_Adjustments for:_|||
|Other interest receivable and similar income|**(196)**|(93)|
|Accrued expenses|**24**|–|
|_Changes in:_|||
|Trade and other debtors|**(39)**|(39)|
|Trade and other creditors|**242**|(477)|
||ৄৄৄৄৄৄৄ|ৄৄৄৄ|
|Cash generated from operations|**(9,356)**|152|
|Interest received|**196**|93|
||ৄৄৄৄৄৄৄ|ৄৄৄৄ|
|Net cash (used in)/from operating activities|**(9,160)**|245|
||৶৶৶৶৶৶৶|৶৶৶৶|
|**Net (decrease)/increase in cash and cash equivalents**|**(9,160)**|245|
|**Cash and cash equivalents at beginning of year**|**42,291**|42,046|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Cash and cash equivalents at end of year**|**33,131**<br>৶৶৶৶৶৶৶৶|42,291<br>৶৶৶৶৶৶৶৶|



**The notes on pages 7 to 12 form part of these financial statements.** 

**- 6 -** 



## **Rolvenden Pre-School** 

## **Notes to the Financial Statements** 

## **Year ended 31 August 2024** 

## **1. General information** 

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Rolvenden Pre-School, Rolvenden Village Hall, Rolvenden, Cranbrook, Kent, TN17 4ND. 

## **2. Statement of compliance** 

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. 

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Going concern** 

There are no material uncertainties about the charity's ability to continue. 

## **Judgements and key sources of estimation uncertainty** 

The charity is not of a nature to make estimations. It is primarily operated on a normal cash income and expenditure basis, with adjustments for assets and liabilities due at the year end, with accruals for expenses which are billed in a future period but relevant to the year being reported. 

## **Fund accounting** 

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. 

Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. 

**- 7 -** 



**Rolvenden Pre-School** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **3. Accounting policies** _**(continued)**_ 

## **Incoming resources** 

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: 

- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. 

- legacy income is recognised when receipt is probable and entitlement is established. 

- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. 

- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 

## **Resources expended** 

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: 

- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. 

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. 

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 

## **Financial instruments** 

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. 

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. 

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. 

**- 8 -** 



## **Rolvenden Pre-School** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **3. Accounting policies** _**(continued)**_ 

## **Financial instruments** _**(continued)**_ 

Debt instruments are subsequently measured at amortised cost. 

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. 

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. 

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 

## **Defined contribution plans** 

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. 

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. 

## **4. Charitable activities** 

||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2024**|Funds|2023|
||£|**£**|£|£|
|Income from non-investment property|||||
|in furtherance of the charity's objects|13,828|**13,828**|17,736|17,736|
|Payments from governments or public|||||
|authorities in the normal course of|||||
|trading|45,599|**45,599**|32,037|32,037|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||59,427<br>৶৶৶৶৶৶৶৶|**59,427**<br>৶৶৶৶৶৶৶৶|49,773<br>৶৶৶৶৶৶৶৶|49,773<br>৶৶৶৶৶৶৶৶|



**- 9 -** 



## **Rolvenden Pre-School** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **5. Investment income** 

|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2024**|Funds|2023|
|||£|**£**|£|£|
||Bank interest receivable|196|**196**|93|93|
|||৶৶৶৶|৶৶৶৶|৶৶৶৶|৶৶৶৶|
|**6.**|**Expenditure on charitable activities by fund type**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2024**|Funds|2023|
|||£|**£**|£|£|
||Operations of the school|69,010|**69,010**|49,105|49,105|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**7.**|**Expenditure on charitable activities by activity type**|||||
||||Activities|||
||||undertaken|**Total funds**|Total fund|
||||directly|**2024**|2023|
||||£|**£**|£|
||Operations of the school||69,010|**69,010**|49,105|
||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**8.**|**Staff costs**|||||
||The total staff costs and employee benefits for the reporting period are analysed as||||follows:|
|||||**2024**|2023|
|||||**£**|£|
||Wages and salaries|||**48,702**|34,924|
||Employer contributions to pension plans|||**648**|399|
||Other employee benefits|||**130**|16|
|||||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|||||**49,480**|35,339|
|||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|



The average head count of employees during the year was 4 (2023: 4). The average number of full-time equivalent employees during the year is analysed as follows: 

||**2024**|2023|
|---|---|---|
||**No.**|No.|
|Number of staff|**4**|4|
||৶৶৶৶|৶৶৶৶|



No employee received employee benefits of more than £60,000 during the year (2023: Nil). 

## **9. Trustee remuneration and expenses** 

No remuneration was received by any of the trustees. 

## **10. Debtors** 

||**2024**|2023|
|---|---|---|
||**£**|£|
|Prepayments and accrued income|**78**|–|
|Other debtors|**–**|39|
||ৄৄৄৄ|ৄৄৄৄ|
||**78**|39|
||৶৶৶৶|৶৶৶৶|



**- 10 -** 



## **Rolvenden Pre-School** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **11. Creditors: amounts falling due within one year** 

||**2024**|2023|
|---|---|---|
||**£**|£|
|Accruals and deferred income|**264**|240|
|Social security and other taxes|**242**|–|
||ৄৄৄৄ|ৄৄৄৄ|
||**506**|240|
||৶৶৶৶|৶৶৶৶|



## **12. Pensions and other post retirement benefits** 

## **Defined contribution plans** 

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £648 (2023: £399). 

## **13. Analysis of charitable funds** 

## **Unrestricted funds** 

|**Unrestricted funds**||||||
|---|---|---|---|---|---|
||At||||**At**|
|1|September|||**31 August 20**||
||2023|Income|Expenditure||**24**|
||£|£|£||**£**|
|Unrestricted funds|42,090|59,623|(69,010)||**32,703**|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶||৶৶৶৶৶৶৶৶|
||At||||At|
|1|September|||31 August 20||
||2022|Income|Expenditure||23|
||£|£|£||£|
|Unrestricted funds|41,329|49,866|(49,105)||42,090|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶||৶৶৶৶৶৶৶৶|
|**Analysis of net assets between funds**||||||
||||Unrestricted|**Total Funds**||
||||Funds||**2024**|
||||£||**£**|
|Current assets|||33,208||**33,208**|
|Creditors less than 1 year|||(505)||**(505)**|
||||ৄৄৄৄৄৄৄৄ||ৄৄৄৄৄৄৄৄ|
|**Net assets**|||32,703||**32,703**|
||||৶৶৶৶৶৶৶৶||৶৶৶৶৶৶৶৶|
||||Unrestricted|Total Funds||
||||Funds||2023|
||||£||£|
|Current assets|||42,330||42,330|
|Creditors less than 1 year|||(240)||(240)|
||||ৄৄৄৄৄৄৄৄ||ৄৄৄৄৄৄৄৄ|
|**Net assets**|||42,090||42,090|
||||৶৶৶৶৶৶৶৶||৶৶৶৶৶৶৶৶|



## **14. Analysis of net assets between funds** 

**- 11 -** 



## **Rolvenden Pre-School** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 August 2024** 

## **15. Analysis of changes in net debt** 

||||||**At**|
|---|---|---|---|---|---|
||At|1|Sep 2023|Cash flows|**31 Aug 2024**|
||||£|£|**£**|
|Cash at bank and in hand|||42,291|(9,160)|**33,131**|
||||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|



## **16. Related parties** 

No transactions with related parties which require declaration were undertaken. 

**- 12 -** 



## **Rolvenden Pre-School** 

## **Management Information** 

**Year ended 31 August 2024** 

**The following pages do not form part of the financial statements.** 

**- 13 -** 



## **Rolvenden Pre-School** 

## **Detailed Statement of Financial Activities** 

## **Year ended 31 August 2024** 

|**Year ended 31 August 2024**|||
|---|---|---|
||**2024**|2023|
||**£**|£|
|**Income and endowments**|||
|**Charitable activities**|||
|Income from non-investment property in furtherance of the charity's|||
|objects|**13,828**|17,736|
|Payments from governments or public authorities in the normal course of|||
|trading|**45,599**|32,037|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||**59,427**|49,773|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Investment income**|||
|Bank interest receivable|**196**|93|
||ৄৄৄৄ|ৄৄৄৄ|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total income**|**59,623**|49,866|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Expenditure**|||
|**Expenditure on charitable activities**|||
|Wages and salaries|**48,702**|34,924|
|Pension costs|**648**|399|
|Other post-retirement benefits|**130**|16|
|Rent|**7,500**|7,517|
|Repairs and maintenance|**7,634**|1,617|
|Insurance|**887**|652|
|Motor vehicle expenses|**594**|920|
|Other motor/travel costs|**85**|85|
|Legal and professional fees|**1,114**|1,030|
|Other office costs|**1,003**|1,538|
|Amortisation|**713**|407|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||**69,010**|49,105|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total expenditure**|**69,010**|49,105|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net (expenditure)/income**|**(9,387)**<br>৶৶৶৶৶৶৶৶|761<br>৶৶৶৶৶৶৶৶|



**- 14 -** 



## **Rolvenden Pre-School** 

## **Notes to the Detailed Statement of Financial Activities** 

## **Year ended 31 August 2024** 

||**2024**|2023|
|---|---|---|
||**£**|£|
|**Expenditure on charitable activities**|||
|**Operations of the school**|||
|**_Activities undertaken directly_**|||
|Staff wages|**48,702**|34,924|
|Staff pension contributions|**648**|399|
|Staff training and uniform|**130**|16|
|Rent|**7,500**|7,517|
|Repairs, replacements and maintenance|**7,634**|1,617|
|Insurance|**887**|652|
|Enrichment Project|**594**|920|
|Offsted and ICO fees|**85**|85|
|Accountancy fees|**1,114**|1,030|
|Office/Staff administration costs|**1,003**|1,538|
|Office/Staff sundry costs|**713**|407|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||**69,010**|49,105|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Expenditure on charitable activities**|**69,010**<br>৶৶৶৶৶৶৶৶|49,105<br>৶৶৶৶৶৶৶৶|



**- 15 -**