Carleton Rode Preschool
AGM 4th December 2024
Treasurers Report
Thank you for the ongoing support I have received as Treasurer from the committee. Financial transactions being made prominently digitally has made them easier to track and keep a clear picture of spending. Linking the bank account and QuickBooks has made this even easier.
Staffing continues to be our greatest expense. Again wages increased in April in line with minimum wage increases. Since October 2023 all staff have been invited to take part in our pension scheme with three members of staff being legally required to be enrolled. Staff and committee have worked hard with fundraising and the Bingo nights in particular have been a great success, thank you.
Banks accounts as of 4[th] December 2024
Current Account: £6099.62
Savings Account: £8819.14
Total income 2023-2024 - £89,031.54
The income is made up of:-
-
Services (fees and fundraising) £29,302.31
-
Funding from NCC £59,729.23
Included in the fundraising was;
£856.71 from Bingo
£265 From Bags for schools
-
£85 Activity morning
-
£468 Donation from Social Club
Total income £89,031.54
Total expenditure 2023-2024 - £88,359.16
The above expenditure is made of:-
- Advertising/Promotional
£72
-
Diesel £70
-
Dues and Subscriptions £896.76
| | Equipment | £965.46 |
|---|---|---|
| | EYPP | £141.08 |
| | Food | £1,378.80 |
| | Insurances | £863.57 |
| | Motor Running Expenses | £654.52 |
| | Ofce/General Administratve Expenses | £25.97 |
| | Other Professional Services | £20.00 |
| Payroll Expenses | ||
| | Pension | £1,792.82 |
| | Payroll Expenses Taxes | £2,611.51 |
| | Wages | £70,595.41 |
| | Petrol | £125.01 |
| | Phone | £10 |
| | Rent | £6,480.00 |
| | Training | £103.20 |
| | Travel | £20 |
| | Trip out | £522.55 |
| | Uncategorised Expenditure (refund) | £715.50 |
| Income | earned through interest | £168.73 |
We had ended this financial year with a positive income of £841.11
Our biggest expense continues to be staff wages and is it necessary to continue to evaluate and manage staff hours in relation to the number of children attending our services and the amount we receive in funding and fees.
As the cost of living continues to increase and minimum wage will increase in April 2025 I suggest we review our hourly preschool rate and our breakfast and afterschool club fees.
Thank you to all who have supported me this year and in my four years of being treasurer. I hope that the year ahead is a successful one.
Torz Humphrey 04.12.2024
Profit and Loss 0.,3 Ai.'g11%1 ')024 INCOME Services uncategl8ed I)me T¢X81 IrKx)m8 TOTAL 29,302.31 59,729.23 89.031.54 89.031.54 EXPENDITUFIES 72.00 70.00 896.76 965.46 141.08 1.378.80 295.00 863.57 Equv EYPP Irwrar 5.97 Penyon Taxes 1,792.82 2.611.51 70,335.50 259.91 70.595.41 74.999.74 125.01 10. 6.480.CJ) 103.20 T1 WaJes Trairw¥J Trip tJrt Uncatewised Expwxknjre 715.50 88.359.16 672.38 NET OPERATING INCOME OTHER INCOME 168.73 168.T3 168.73 £841.11 NET OTHER INCOME NET INCOMEIIEXPENDITUREI
Profit and Loss 0.,3 Ai.'g11%1 ')024 INCOME Services uncategl8ed I)me T¢X81 IrKx)m8 TOTAL 29,302.31 59,729.23 89.031.54 89.031.54 EXPENDITUFIES 72.00 70.00 896.76 965.46 141.08 1.378.80 295.00 863.57 Equv EYPP Irwrar 5.97 Penyon Taxes 1,792.82 2.611.51 70,335.50 259.91 70.595.41 74.999.74 125.01 10. 6.480.CJ) 103.20 T1 WaJes Trairw¥J Trip tJrt Uncatewised Expwxknjre 715.50 88.359.16 672.38 NET OPERATING INCOME OTHER INCOME 168.73 168.T3 168.73 £841.11 NET OTHER INCOME NET INCOMEIIEXPENDITUREI