• PUBLIC 公開#
THE COMMUNITY PRE-SCHOOL
INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST AUGUST 2022
| 2022 2021 |
||||
|---|---|---|---|---|
| INCOME | £ | £ £ |
£ | |
| FEES Ordinary |
17828.50 11,960.10 |
|||
| Funding | 75929.54 75,006.15 |
|||
| 93,758.04 | 86,966.25 | |||
| Grants and Donations | 490.00 | 500.00 | ||
| Fundraising | 710.78 | 786.62 | ||
| Sundry Income | 489.00 | - | ||
| Interest earned (on outdoor & investment a/c) 13.75 |
3.15 | |||
| milk & snacks | 833.56 | 258.89 | ||
| Gift Aid | 3000.00 | 3000.00 | ||
| £99,295.13 | £91,514.91 | |||
| EXPENDITURE | ||||
| Rent | 8,578.00 | 11,355.52 | ||
| Salaries | 77,796.11 | 75,632.39 | ||
| Milk and Snacks | 873.13 | 730.50 | ||
| Kitchen supplies | - | |||
| New Equipment purchase | 153.91 | 354.40 | ||
| Materials | 1,793.37 | 1,789.57 | ||
| Stationery and phone | 216.59 | 361.19 | ||
| PLA Insurance/membership | 927.78 | 907.88 | ||
| Fundraising costs & Trips | 1,088.36 | 785.60 | ||
| Sundry exp | 2,984.54 | 4,007.62 | ||
| £94,411.79 | £95,924.67 | |||
| Excess Income over Expenditure | £4,883.34 | -£4,409.76 | ||
| BALANCES AS AT 31ST AUGUST 2022 | ||||
| Opening | Closing | |||
| £ | £ | |||
| Petty Cash Account | 10.00 | 10.00 | ||
| Bank Account (Adjusted) | 1,003.99 | 8,373.58 | ||
| Outdoor Play Account | 3,639.03 | 3,641.33 | ||
| Investment Account | 23,651.71 | 18,163.16 | ||
| Gift Aid Owed-estimate | 9,000.00 | 12,000.00 | ||
| Excess Income for the year | 4,883.34 | |||
| 42,188.07 | 42,188.07 |
• PUBLIC 公開#
THE COMMUNITY PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2022
| Fees: Ordinary (from parents) Funding (from DCC) Interest on bank accounts Furlough Money Gift Aid Breakfast Club Community Centre Rent: Salaries: Employee Salaries Inland Revenue Pensions Milk & Snack: Milk Snack Materials: Various Books, puzzles etc etc Stationery/Phone: Stationery Phone PLA membership/insurance Fundraising: Next-Bags to School Uniform Sales EBC Trips Sundries: Web Site Accountancy Fees Gardening Wi Fi Various Sundries TOTAL: |
INCOME | EXPENDITURE 8,578.00 77,796.11 854.38 246.90 1,947.28 182.95 33.64 927.78 1,088.36 1,088.36 - 299.76 516.34 198.00 120.00 1,622.29 2,756.39 £94,411.79 |
NET 569.92 - 312.20 |
|
|---|---|---|---|---|
| 17,828.50 75,929.54 13.75 - 3,000.00 413.00 284.46 559.10 |
||||
| 132.00 644.78 490.00 |
||||
| 443.58 - |
||||
| 1,266.78 | 443.58 - |
|||
| - £99,295.13 |
||||
| - | ||||
| £4,883.34 | ||||
• PUBLIC 公開#
The Community Pre-School INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST AUGUST 2022
1-Overall the deficit of income over expenditure improved in the year by £13,703 from -£4,410 last year to £9,293 this year. 2022 9,293 2021 -4409.8
-
2-The biggest reason for this was the increase in funding from DCC & Parents (£87k in 2021 to £93.8k in 2022)
-
3-Against this we had a reduction in expenses (£95.9k to £94.4k) largely due to a reduction in rent from £11.3k to £8.5k
4-Wage & Salaries costs saw another increase in Minimum wage overall wages & salary costs were up £2.2k
-
5-Sundry expenses were down on the previous year due to DBS & Course attendance updates higher in previous years
-
Otherwise, spending remained in line with previous years.
A much stronger year financially than in previous years due to the reduction in rent and increase in Funding
The pre-school appears to have a constant demand for the forthcoming year
Fundraising continues to bring in money and is a good way to keep the Pre-school in the Community eye
In the upcoming year we will need to keep investing in equipment to continue to provide our excellent pre-school child-care provision. But we also need to re-visit the current financial model particualrly in respect of funding and staff provision to ensure financial viability moving into the future.
I have reviewed the income and expenditure accounts for the period ending 31st August 2022 and confirm they represent a true and fair view of the company's records as examined by me on 30 September 2022
I Whetton
Date: 18th January 2023