GREAT TEY PRE-SCHOOL Treasurer’s Report Year Ending 31%* August, 2025
As detailed in the Profit & Loss breakdown, the year-end figures @ 31/08/25 show a LOSS of £307.81 excluding Fund Raising, and a LOSS of £25.76 including Fund Raising. This results in a profit of £282.05 on Fund Raising after purchases.
INCOME
Income for the year was £125,591.03
EXPENDITURE
Expenditure for the year was £125,616.79
FUNDS
There are unspent funds of £4343.26 at 31/08/25 in the current account, this includes £953.87 for pre-payment for Autumn Term 25 funding. This will be carried forward into specific budgets for next year; a proportion of these funds will be allocated to training course fees and training wages and this amount will help to cover any shortfall for loss in this Autumn Term.
The profit made this year will be used to increase the Savers account for funds to be made available for running cost losses if needed.
A profit of £1566.00 has been forecast for the Autumn term 2025, this will support the setting going forward to the new year.
There are unspent funds of £354.35 at 31/08/25 in the fund raising account. The committee should agree what these funds will be spent on and purchases will be made so that the children of the parents who have helped to raise the funds benefit from the resources.
Our accruals are made up of £75 for Accountancy fees, £642 for quoted work on garden maintenance, £110 for staff outing (given by parents at end of Summer Term 25), £47.96 for sand order, and £790.37 for replacing broken furniture. Furniture and sand are ordered, and due to be delivered at the beginning of Autumn Term. Garden maintenance is to happen when preschool is open again in Autumn Term. Staff Outing is happening in Autumn Term.
TOTAL CURRENT ASSETSILIABILITIES (refer to Balance Sheet)
@ 31/08/25
Cash balance Current account 4,343.26 Cash balance Reserve account 13,227.19 Cash balance Bonus Saver account 22,113.88 Cash balance Fund Raising account 354.35 Cash in hand for Petty Cash Cash in hand from floats 22.17 Payments on Account (parent’s deposits held and funding received in adv 1,074.58 Other creditors/accruals 1877.14 37,110.69
Prepared by Truly Bruce Date: 31% August 2025 Pre-School 2023-24/Finance/Y ear End/Treasurers Report
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GREAT TEY PRE-SCHOOL Treasurer’s Report Year Ending 315t August, 2025
TREASURER’S COMMENTS
As a registered charity it is not our intention to retain a large sum of money on deposit or in a current account. It has been agreed that one terms running costs would be kept available in the Bonus Saver account, and Redundancy payments would be kept in the Reserve Account to cover the following scenarios:
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« Liability for Redundancy pay in the event that Pre-School should have to close and redundancy payments need to be met.
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» Repayment of any government funding made in lieu of sessions, in the event that subsequent to an Ofsted inspection the Pre-School fails to achieve the necessary requirements for re-registration.
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« Addrop in numbers of children attending Pre-School, so that funds can be bolstered by the money held in reserve until such a time as the numbers increase again.
As mentioned earlier, the committee should allocate the balance in the current account, at the beginning of the next academic year. Any other known requirements for the group should be considered, and funds allocated as appropriate.
The controls that were put into place to ensure that staff wages would cost no more than 77% of income, and an allowance of 4% of staff wages allocated for training, have been maintained where possible during 2024/25. The staff at the setting have worked incredibly hard to ensure that the setting was able to take more sessions for children to accommodate parents requirements.
Forecasting will be prepared by the Manager and reviewed by the Committee during each term, based upon the known sessions booked at that time. The numbers of sessions attended and relative income, in line with staffing levels, will continue to be monitored very carefully. Budgets will continue to be monitored closely for all areas of expenditure.
Fund raising is an important source of income; support from the parents will be sought where possible. The staff should prepare a defined ‘wish list’ for the coming year so that the committee has a figure to work to. We were able to organise monthly fundraising events, which has helped to keep a steady flow of fundraising income for new equipment and treats for the children throughout the year, and time going forward.
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Prepared WV “\:
Date: by 31Truly August 2025 Bruce aN, i
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Pre-School 2023-24/Finance/Year End/Treasurers Report
Date: 18/09/2025 Time: 17:22:21
Page:
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Great Tey Pre-School Balance Sheet
From: Month 1, September 2024 To: Month 12, August 2025
Chart of Accounts:
Default Layout of Accounts WITH F/R [PARTIAL
| Period | Year to Date | |||||
|---|---|---|---|---|---|---|
| Fixed Assets | ||||||
| 0.00 | 0.00 | |||||
| Current Assets | ||||||
| Debtors | (888.43) | (1,074.58) | ||||
| Deposits and Cash | 1,633.34 | 40,062.41 | ||||
| Other creditors etc | (770.67) | (1,877.14) | ||||
| (25.76) | 37,110.69 | |||||
| Long Term Liabilities | ; | |||||
| 0.00 | 0.00 | |||||
| Total Assets less Total Liabilities: | (25.76) | 37,110.69 | . | |||
| Capital &Reserves | ||||||
| Reserves | 0.00 | 37,136.45 | ||||
| P & LAccount | (25.76) | (25.76) | ||||
| (25.76) | 37,110.69 |
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Date: 18/09/2025 Time: 17:29:17
Great Tey Pre-School ~ Profit and Loss
Page:
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From: Month 1, September 2024 To: Month 12, August 2025
| ChartofAccounts: | Default Layout ofAccounts WITH | Default Layout ofAccounts WITH | F/R [PARTIAL] | ||
|---|---|---|---|---|---|
| Period | Year to Date | ||||
| Income | |||||
| Funded Sessions | 113,832.17 | °° | 113,832.17 | ||
| Non-Funded Sessions | 10,228.45 | ‘10,228.45 | |||
| Snack fees | 655.32 | 655.32 | |||
| Other Income | 423.54 | 423.54 | |||
| Uniform | 154.50 | 154.50 | |||
| Donations | 15.00 | 15,00 | |||
| Fund Raising | 1,295.01 | 1,295.01 | |||
| 126,603.99 | 126,603.99 | ||||
| Purchases | |||||
| Fundraising | 1,012.96 | 1,012.96 | |||
| 1,012.96 | 1,012.96 | ||||
| Gross Profit/(Loss): | "125,591.03 | “125,591.03 | |||
| Overheads | |||||
| Gross Wages | 106,099.93 | 106,099.93 | |||
| Premises/Rent/Insurance | 12,053.34 | 12,053.34 | |||
| Garden | 1,291.96 | 1,291.96 | |||
| Subs/Membership/Licences | 1,223.44 | 1,223.44 | |||
| Printing/Stationery | 1,230.11 | 1,230.11 | |||
| Professional Fees | 75.00 | 75.00 | |||
| Computer Equipment/Software | 244.98 | 244.98 | |||
| Maintenance/Repairs | 437.16 | 437.16 | |||
| Bank Charges/Interest | 228.79 | 228.79 | |||
| Snack/Petty Cash | 653.17 | 653.17 | |||
| Cleaning materials | 935.60 | 935.60 | |||
| Craft materials purchased | 569.35 | 569.35 | |||
| Miscellaneous expenses | 573.96 | 573.96 | |||
| 125,616.79 | ' | 125,616.79 | |||
| NetProfit/(Loss): | (25.76) | (25.76). | |||
| 4 |
Great Tey Pre-School Profit and Loss
Page:
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3
:
Date: 18/09/2025 ate eee
From: Month 1, September 2024 To: Month 12, August 2025
Chart of Accounts:
WITHOUT F/R [PARTIAL]
| Period | Year to Date | ||||
|---|---|---|---|---|---|
| Income | |||||
| Funded Sessions | 113,832.17 | 113,832.17 | : | ||
| Non-Funded Sessions | 10,228.45 | 10,228.45 | |||
| Snack fees | 655.32 | 655.32 | |||
| Other Income | 423.54 | 423.54 | |||
| Uniform | 154.50 | 154.50 | |||
| Donations | : | 15.00 | - 15.00 | ||
| 125,308.98 | 125,308.98 | ||||
| Purchases | |||||
| 0.00 | 0.00 | ||||
| Direct Expenses | |||||
| 0.00 | 0.00 | ||||
| Gross Profit/(Loss): | 125,308.98 | 125,308.98 | |||
| Overheads | |||||
| Gross Wages | 106,099.93 | 106,099.93 | |||
| Premises/Rent/Insurance | 12,053.34 | 12,053.34 | |||
| Garden | 1,291.96 | 1,291.96 | |||
| Subs/Membership/Licences | 1,223.44 | 1,223.44 | |||
| Printing/Stationery | 1,230.11 | 1,230;11 | |||
| Professional Fees | 75.00 | 75.00 | |||
| Computer Equipment/Software | 244.98 | 244.98 | |||
| Maintenance/Repairs/Testing/H&S | 437.16 | 437.16 | |||
| Bank Charges/Interest | 228.79 | 228.79 | |||
| Snack/Petty Cash | 653.17 | 653 A7-s«- | |||
| Craft materials purchased | 569.35 | 569.35 | |||
| Miscellaneous expenses | 573.96 | 573.96 | |||
| Cleaning materials | 935.60 | 935.60 | |||
| 125,616.79 | 125,616.79 | ||||
| Net Profit/(Loss): | (307.81) | (307.81) | |||
| i | 3 |
SD rS\a A |
Independent examiner's report on the accounts
Report to the trustees/members of
Great Tey Pre-School
On accounts for the year ended 31st August 2025
Basis of my report
| have examined all the documents and relevant papers given to be by the Finance Manager.
Indepenndent examiner's statement
In connection with my examination, no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed
Date 11th September 2024
Mrs Donna Breese
Breese Accountancy 40 Tey Road Coggeshall Colchester Essex CO6 1QR
07711 903228
donna.breese@sky.com