• PUBLIC 公開#
THE COMMUNITY PRE-SCHOOL
INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST AUGUST 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| INCOME | £ | £ | £ | £ | |
| FEES Ordinary |
12,575.80 | 18,317.50 | |||
| Funding | 69,067.03 | 75,929.54 | |||
| 81,642.83 | 94,247.04 | ||||
| Grants and Donations | 700.00 | 490.00 | |||
| Fundraising | 667.50 | 710.78 | |||
| Interest earned (on outdoor & investment a/c) | 173.43 | 13.75 | |||
| milk & snacks | 1060.95 | 833.56 | |||
| Gift Aid | 2000.00 | 3000.00 | |||
| £86,244.71 | £99,295.13 | ||||
| EXPENDITURE | |||||
| Rent | 10,410.00 | 8,578.00 | |||
| Salaries | 84,515.65 | 77,796.11 | |||
| Milk and Snacks | 922.13 | 873.13 | |||
| New Equipment purchase | 606.71 | 153.91 | |||
| Materials | 838.54 | 1,793.37 | |||
| Stationery and phone | 291.39 | 216.59 | |||
| PLA Insurance/membership | 955.35 | 927.78 | |||
| Fundraising costs & Trips | 666.16 | 1,088.36 | |||
| Sundry exp | 3,526.95 | 2,984.54 | |||
| £102,732.88 | £94,411.79 | ||||
| Excess Income over Expenditure | -£16,488.17 | £4,883.34 | |||
| BALANCES AS AT 31ST AUGUST 2023 | |||||
| Opening | Closing | ||||
| £ | £ | ||||
| Petty Cash Account | 10.00 | 10.00 | |||
| Bank Account (Adjusted) | 8,373.58 | 2,768.90 | |||
| Outdoor Play Account | 3,641.33 | 654.59 | |||
| Investment Account | 18,163.16 | 10,319.39 | |||
| Gift Aid Owed-estimate | 12,000.00 | 11,947.02 | |||
| Excess Income for the year | -16,488.17 | ||||
| 25,699.90 | 25,699.90 |
• PUBLIC 公開#
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2023
| INCOME Fees: Ordinary (from parents) 12,575.80 Funding (from DCC) 69,067.03 Interest on bank accounts 173.43 Gift Aid 2,000.00 Grants EVA Grant 300.00 DCC Grant 400.00 Community Centre Rent: Salaries: Employee Salaries (Includes Pension Costs & Ers NI) Milk & Snack: Milk 827.60 Snack 233.35 Materials: Various items-sensory pad, scooters etc Stationery/Phone: Stationery Phone PLA membership/insurance Fundraising: Uniform Sales 42.00 Trip 625.50 667.50 - Sundries: Web Site Accountancy Fees Gardening Training Courses Wi Fi Various Sundries TOTAL: £86,244.71 |
INCOME Fees: Ordinary (from parents) 12,575.80 Funding (from DCC) 69,067.03 Interest on bank accounts 173.43 Gift Aid 2,000.00 Grants EVA Grant 300.00 DCC Grant 400.00 Community Centre Rent: Salaries: Employee Salaries (Includes Pension Costs & Ers NI) Milk & Snack: Milk 827.60 Snack 233.35 Materials: Various items-sensory pad, scooters etc Stationery/Phone: Stationery Phone PLA membership/insurance Fundraising: Uniform Sales 42.00 Trip 625.50 667.50 - Sundries: Web Site Accountancy Fees Gardening Training Courses Wi Fi Various Sundries TOTAL: £86,244.71 |
INCOME | EXPENDITURE 300.00 400.00 10,410.00 84,515.65 827.60 94.53 1,445.25 182.29 109.10 955.35 42.00 624.16 666.16 - 508.08 470.04 198.00 454.64 120.00 1,776.19 3,526.95 £102,732.88 |
NET - - - 138.82 |
|
|---|---|---|---|---|---|
| 42.00 625.50 |
|||||
| - | |||||
| 667.50 | - | ||||
| - £86,244.71 |
|||||
| - | |||||
| -£16,488.17 | |||||
• PUBLIC 公開#
The Community Pre-School INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST AUGUST 2023
1-Overall the deficit of income over expenditure worsened in the year by -£21,371 from £4,883 last year to -£16,488 this year.
- 2-The biggest reason for this was the decrease in funding from DCC & Parents (£94k in 2022 to £82k in 2023)
3-Wage & Salaries costs saw another big increase in Minimum wage overall wages & salary costs were up by just under £7k
4-Other than wages and salaries other expenses, the other increase in expenses was in rent, back up to pre covid levels (£1.6k increase)
- Otherwise, spending remained in line with previous years.
A much more testing year financially than in previous years due to the reduction in fees & increase in wages and salary costs.
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 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 : 20th January 2024