## **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
uncateg￿l8ed 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
T￿1 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
uncateg￿l8ed 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
T￿1 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