• 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) 5. 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**