POUND HILL PRE SCHOOL
Report on Accounts for Year to 31[st] July 2024
This year we have a Excess of Income over Expenses of £4404 compared with the deficit of £23292 in 2022/2023
Our Fee Income from West Sussex County Council and Fee paying has increased from£179732 to £252431.This because we are running at almost full capacity now and have few vacancies going into next year.
Fund raising has increased by £1000.
.
Expenditure –Increase of £49000
Our Wages bill has increased by about £44000.This is partly due to the fact that the minimum wage went up nearly 10% again and took on additional staff and had to increase some staff hours Also we try to keep the same differential between the grades. There was extra spending on Training, Equipment and Learning and Play materials .
Although the balance sheet is healthy and it is good to see that we have a slight surplus of Income over Expenditure this year for the first time in 3 years we must try to maintain this balance.
I would like to personally thank Katy and the rest of the staff for all the hard work they has put in over the year.
John Rivens Treasurer
Registered Charity Number
1027606
POUND HILL PLAYGROUP
ACCOUNTS
For Year to 31st July 2024
Pound Hill Pre School
Income and Expenditure
| Income and Expenditure | |
|---|---|
| 2022/2023 INCOME £ 21528 Fee Paying 158184 Fees Received WSCC 2986 Fund Raising 12 Uniforms 240 Interest Donations Grants 182950 Total Income EXPENDITURE 154537 Salaries 4772 Compay NI 3410 Compay Pensions 1440 PayrollBureau 434 Legal Checks 451 Uniforms 2127 Learning and Play material 843 Refreshment and Toiletries 24629 Rent of Premises 1287 Equipment and Clothing 1899 Training 668 Insurance and PSLA Subs 1450 Stationery Post Telephone 3551 Computer Hardware 3465 Computer Software 180 Subscriptions Professional Charges 747 Outings 347 Sundry Expenses 105 NetBank Charges 206342 Total Expenditure (23,392) £ Surplus / (Deficit) |
2023/2024 14078 238353 3998 787 1499 817 259532 197921 5133 4028 1800 62 1035 3151 1302 24595 3923 2848 710 1689 4653 276 1400 494 108 |
| 255128 | |
| 4,404 £ |
BALANCE SHEET AS AT 31 July 2024
| BALANCE SHEET AS AT 31 July 2024 | ||
|---|---|---|
| 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 |
2022/2023 131270 58424 250 189944 28428 161516 184910 -23392 161518 |
2023/2024 154183 61248 250 215681 45808 3951 |
| 165922 | ||
| 161518 4404 |
||
| 165922 |
FUND RAISING for year to 31st July 2023
| 31 July 2022 £ 644.39 Christmas fair 109.00 Raffle 178.09 Cake sale Art gallery 262.00 Photos 331.35 Bouncy Day 552.40 Spring fair 908.12 Graduation and Summer Fair 2985.35 |
£ 812.84 100.29 119.03 139.42 1309.60 1516.75 |
|---|---|
| 3997.93 |
Pound Hill Pre School
Year to 31st July 2024
Notes to the Accounts
| Creditors and Accruals West Sussex County Council Rent Accoutancy Wages Extra Wages |
£ 45808.00 1675.00 1440.00 836.00 |
|---|---|
| 49759.00 |
Independent Examiners Report on Pound Hill Pre School 31[st] July 2024
I report on the accounts of Pound Hill Pre School for the year ended 31[st] July 2024, 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;
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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: 29[th] May 2025