POUND HILL PRE SCHOOL
Report on Accounts for Year to 31[st] July 2021
This year we have a Surplus of Income over Expenses of £14870.00 compared with a deficit of £11598.00 in 2019/20
Our Fee Income from West Sussex County Council and Fee paying parents has increased by £17000.00 .This due to WSCC Funding having increased by £10000 and Fees received from Parents has risen by £7000.It is because we had more children attending than during the first year of the pandemic and we were able to stay open longer.
Fund raising has risen by £2000 thanks to parents being able to attend functions.
## Expenditure
Our Wages bill has reduced by about £10000. We have had one staff member on Maternity Leave and we did not need cover.
The rent has risen against previous years due to not closing down.
We had planned to take children off site this year but were unable to because so many were closed. We hope to be able to start taking children out in the coming year
Our overall other expenditure has gone down partly because we did not need to replace much equipment .
Chloe Beresford
Chair
## **Pound Hill Pre School**
## **Income and Expenditure 2020 / 2021**
|**2019/2020**|**INCOME**|**2020/2021**|
|---|---|---|
|**£**||**£**|
|**14321**|**Fee Paying**|**21544**|
|**156428**|**Fees Received**
**WSCC**|**166452**|
|**783**|**Fund Raising**|**2659**|
|**0**|**Furlough Payments**|**1784**|
|**207**|**Uniforms**|**393**|
|**47**|**Interest**||
||**Donations**|**500**|
|**171786**
**146688**
**3124**
**2319**
**1440**
**204**
**1422**
**2877**
**1084**
**17925**
**3003**
**1222**
**607**
**810**
**179**
**203**
**221**
**56**|**Total Income**
**EXPENDITURE**
**Salaries**
**Company NI**
**Company Pensions**
**PayrollBureau**
**Legal Checks**
**Uniforms**
**Learning and Play material**
**Refreshment and Toiletries**
**Rent of Premises**
**Equipment and Clothing**
**Training**
**Insurance and PSLA Subs**
**Stationery Post Telephone I**
**Computer Equipment**
**Professional Fees**
**Sundry Expenses**
**NetBank Charges**|**193332**
**134874**
**5798**
**2682**
**1440**
**320**
**1062**
**669**
**2049**
**22723**
**2303**
**1653**
**615**
**1100**
**853**
**215**
**11**
**95**|
|**183384**|**Total Expenditure**|**178462**|
|**(11,598)**
**£**|**Surplus / (Deficit)**|**14,870**
**£**|
## **Pound Hill Pre School**
## **BALANCE SHEET AS AT 31 July 2021**
|**CURRENT ASSETS**
**Bank - Current Account**
**- Bursary Account**
**Cash**
**Sundry Debtors & Prepayments**
**CURRENT LIABILITIES**
**Creditors & Accruals**
**NET ASSETS**
**ACCUMULATED FUND**
**Balance at beginning of year**
**Net surplus (deficit) for year**
**Balance at end of year**|**2019/2020**
**£**
**150412**
**50717**
**250**
**201379**
**17862**
**183517**
**195116**
**-11599**
**183517**|**2020/2021**
**£**
**169256**
**53118**
**250**
**222624**
**24237**
**198387**
**183517**
**14870**
**198387**|
|---|---|---|
Accountants Report
In accordance with instructions given to me,I have prepared, without carrying out an audit, the Balance Sheet and attached Income and Expenditure Statement from the accounting records of Pound Hill Playgroup from information and explanations supplied to me
R.Rivens (ACMA)
## **Pound Hill Pre School**
## **FUND RAISING for year to 31st July 2021**
|**31 July 2020**
**gross**
**expenses**
**£**
**£**
590.69 Christmas fair
DVD Sales
75.00
Photos
Bears and Sweets
117.23
Cake Stall
Funky Hair day
Obstacle Course (2)
Graduation and Summer Fair
692.00
74.83
Easter
Pirate Day
45.50
37.24
782.92|**net**
**£**
757.60
275.00
87.92
84.00
0.00
25.00
425.00
617.17
379.10
8.26
2,659.05|
|---|---|
## **Pound Hill Pre School**
**Year to 31st July 2021**
## **Notes to the Accounts**
|**Creditors and Accruals**
**West Sussex County Council**|**£**
**24237.00**
**24237.00**|
|---|---|
## **Independent Examiners Report on Pound Hill Pre School 31[st] July 2021**
I report on the accounts of Pound Hill Pre School for the year ended 31[st] July 2021, which are attached
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Rhiannon Rivens
Relevant professional qualification or body: CIMA Address: New Rivendell Fairlawn Road Banstead Surrey SM7 3AU Date: 11th May 2022