POUND HILL PRE SCHOOL
Report on Accounts for Year to 31[st] July 2023
This year we have a Deficit of Income over Expenses of £23390 compared with the deficit of £12742 in 2021/2022.
Our Fee Income from West Sussex County Council and Fee paying parents has stayed the same inspite of an increase in fees per capita and the return of funding for 2year olds
Fund raising has stayed about the same..
Expenditure –Increase of £12000
Our Wages bill has increased by about £9000.This is partly due to the fact that the minimum wage went up nearly 10% and we like to keep the same differential between the grades.
This year we spent £6000 more on new computer Hardware and Software but this was offset by a reduction of £4000 on school equipment
Although the balance sheet is healthy we cannot keep overspending to such a degree .We have effectively lost £36000 over the last 2 years and this is not sustainable
I would like to personally thank Katy for all the hard work she has put in over what has been a complex year.
John Rivens Treasurer
## **Pound Hill Pre School**
|**Pound Hill Pre School**|||
|---|---|---|
|**Income and Expenditure**
**2021/2022**
**INCOME**
**£**
**14707**
**Fee Paying**
**162411**
**Fees Received**
**WSCC**
**2954**
**Fund Raising**
**396**
**Uniforms**
**110**
**Interest**
**105**
**Donations**
**1125**
**Grants**
**181808**
**Total Income**
**EXPENDITURE**
**145490**
**Salaries**
**4105**
**Compay NI**
**3241**
**Compay Pensions**
**1770**
**PayrollBureau**
**192**
**Legal Checks**
**1049**
**Uniforms**
**1526**
**Learning and Play material**
**1894**
**Refreshment and Toiletries**
**23594**
**Rent of Premises**
**5628**
**Equipment and Clothing**
**2442**
**Training**
**622**
**Insurance and PSLA Subs**
**1048**
**Stationery Post Telephone**
**1018**
**Computer Hardware**
**Computer Software**
**311**
**Subscriptions**
**720**
**Professional Charges**
**-494**
**Outings**
**281**
**Sundry Expenses**
**113**
**NetBank Charges**
**194550**
**Total Expenditure**
**(12,742)**
**£**
**Surplus / (Deficit)**|**2022/2023**
**2022/2023**
**£**
**21528**
**158184**
**2986**
**12**
**240**||
|||**182950**
**154537**
**4772**
**3410**
**1440**
**434**
**451**
**2127**
**843**
**24629**
**1287**
**1899**
**668**
**1450**
**3551**
**3465**
**180**
**747**
**345**
**107**|
|||**206342**|
|||**£ (23,392)**|
Registered Charity Number
1027606
## **POUND HILL PLAYGROUP**
## **ACCOUNTS**
**For Year to 31st July 2023**
## **BALANCE SHEET AS AT 31 July 2023**
|**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**|**2021/2022**
**151509**
**55786**
**250**
**207545**
**22637**
**184908**
**197650**
**-12742**
**184908**|**2022/2023**
**131270**
**58424**
**250**
**189946**
**28428**|
|---|---|---|
|||**161516**|
|||**184908**
**-23392**|
|||**161516**|
## **FUND RAISING for year to 31st July 2023**
|**31**|**July 2022**|||
|---|---|---|---|
|**£**|||**£**|
||**615.11**|Christmas fair|**644.39**|
|||Raffle|**109.00**|
||**198.80**|Cake sale|**178.09**|
||**49.00**|Red/Pink Day||
||**401.00**|Photos|**262.00**|
|||Bouncy Day|**331.35**|
||**465.00**|Spring fair|**552.40**|
||**1225.18**|Graduation and S|**908.12**|
**2954.09 2985.35**
## **Pound Hill Pre School**
## **FUND RAISING for year to 31st July 2023**
|**31 July 2022**
**£**
**615.11** Christmas fair
Raffle
**198.80** Cake sale
**49.00** Red/Pink Day
**401.00** Photos
Bouncy Day
**465.00** Spring fair
**1225.18** Graduation and Summer Fair
**2954.09**|**£**
**644.39**
**109.00**
**178.09**
**262.00**
**331.35**
**552.40**
**908.12**|
|---|---|
||**2985.35**|
## Pound Hill Pre School
## **Year to 31st July 2023**
**Notes to the Accounts**
|**Creditors and Accruals**
**West Sussex County Council**
**Rent**
**Accoutancy Wages**|**£**
**25053.13**
**1934.00**
**1440.00**|
|---|---|
||**28427.13**|
## **Independent Examiners Report on Pound Hill Pre School 31[st] July 2023**
I report on the accounts of Pound Hill Pre School for the year ended 31[st] July 2023, 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: 19[th] February, 2024