• 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 6. 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**