Treasurer’s report 2022 – James Howes
The year from 2021-22 has been a more settled year compared to previous, with a settled number of children and a constant stream of income.
I must stress and add it to this document that the start of the 22-23 term looks very much more unsettled, which a drastic reduction in children. More children joining the preschool must be of upmost importance or we’ll need to look at other avenues to reduce losses.
Total income for the year dating 2020/21 was £60,429.08 , so when comparing to last year’s figure of £60,567.33 . this helps with planning an ensuring the year went without a hitch.
The income of £60,567.33 was mainly made up of both fees and authority grant funding. £ 42,327.46 NNC funding and £15,935 of privately funded fees ( please see appendix 1 for a full breakdown of incoming funding.
Our privately funded session rate of £12.50 was not changed within this financial year as it is still considered competitive locally.
We still provide each new child with one FREE uniform t-shirt and encourage parents to buy more.
Our fundraising efforts have totaled £1,666.17 from this came from a couple of revenue streams. Firstly Hut3 donated £500 and secondly our preloved sale and activities at the jubilee
Expenditure
Total expenditure this year was £61,722.75. The main expenses are staff wages £45,184.78 and rent £12,982.00. Expenditure increased by nearly £10k, this was due to opening on a Friday throughout the whole year and the staffing/rent increases that comes with that.
Debtors
We finished the financial year with no debtors.
Profit/loss
Overall, the Preschool finished the year on a loss of -£372.50
As mentioned previously we are on a healthy financial footing, however, we take a cautious approach to ensure the long-standing financial stability of the Preschool is ensured. This is highlighted with the start of this year.
Accounts
The Preschool finished the financial year with a bank balance of £23839.97.12 in the current account and £150348.8418 in the reserve bank account.
The Preschool does not operate to make a profit but to provide a service to the families within the local area, offering a safe and effective environment for the children to grow and flourish.
Many thanks James
Appendix 1
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2021/22
Trading Income
NCC funding 42,327.46
Fees Income 15,935.45
Donations 500.00
Music 0.00
EYPP grants 0.00
Contributions to trips 0.00
Photos 0.00
Bank Interest 0.00
Fundraising 1,666.17
Uniform Sales 0.00
Other Income 0.00
Easy fundraising 0.00
Summer ball 0.00
60,429.08
Payments
Wages 45,184.78
HMRC 0.00
Pensions 1,721.94
Rent 12,982.00
EYPP spends / ncc refund 0.00
Supplies 677.88
Activities 0.00
Snacks 0.00
Insurance 629.15
New Equipment 0.00
Fundraising Expenses 0.00
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Training 324.00
Photographs 0.00
Thank You Gifts / Long Term Service 0.00
Trips / Outings / Leavers Party Entertainment 0.00
Advertising 0.00
Professional Fees & checks 203.00
Repairs and maint 0.00
Kids Uniforms 0.00
Staff Uniform 0.00
Overpayment 0.00
Misc 0.00
61,722.75
Operating Profit / Loss -1,293.67
Fundraising 1,666.17
Outstanding Fees 0.00
Profit / Loss for the Year 372.50
Transfer to Reserve Account
Bank Balance as of
Current Account as 31-08-22. 23,349.05
Reserve Account 15,041.22
Bank card 51.53
38,441.80
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Numbers Sheet Name Numbers Table Name
Bank Record Sheet Table 1 Accounts Summary Table 1 Fundraising activities Table 1
Excel Worksheet Name
Bank Record Sheet Accounts Summary Fundraising activities
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Method Date Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Debits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits Credits
Amount Payee Check? Wages HMRC Pensions Rent EYPP spending/NCC Refund Supplies Activities Snacks Trips / Parties Insurance New Equipment Fundraising expenses Training Photos / mothers day Thank You Gifts / Long Term Service Advertising Professional Fees & checks repairs and maintenance Kids Uniforms Staff Uniform Overpayment Amount Payee Check NCC funding grants Fees Income Donations Music EYPP Grants Contribution to trips Photos/ events Bank Interest General Fundraising Uniform Sales Other Income Summer Ball Easy fundraising/Amazon Balance
01-Sep-19 Opening balance 25839.97
Bacs 01-Sep-21 = 732.24 National savings = 732.24 26572.21
Bacs 02-Sep-21 = 87.50 Tracey Jane Cobbol-Mia = 87.50 26659.71
Bacs 03-Sep-21 = 110.00 L Hudson = 110 26769.71
Bacs 06-Sep-21 = 462.50 R Pannah = 462.5 27232.21
Bacs 07-Sep-21 = 100.00 Reeves R = 100 27332.21
Bacs 07-Sep-21 = 640.00 EDENRED = 640 27972.21
Bacs 07-Sep-21 200.00 Preschool card = 200.00 = 27772.21
Bacs 09-Sep-21 = 375.00 National savings = 375.00 28147.21
Bacs 13-Sep-21 = 200.00 Maloret Karl = 200 28347.21
Bacs 13-Sep-21 = 507.5 Donna Trezona = 507.5 28854.71
Bacs 13-Sep-21 = 262.50 National savings = 262.50 29117.21
Bacs 13-Sep-21 = 75 Webb td = 75 29192.21
Bacs 13-Sep-21 = 133.20 Ranyard SM = 133.20 29325.41
Bacs 16-Sep-21 = 375.00 Dunkley&FIDE = 375 29700.41
Bacs 20-Sep-21 = 175.00 Bassett KM = 175 29875.41
Bacs 21-Sep-21 324 = 324 = 29551.41
Bacs 24-Sep-21 1035.23 Charlotte Bryant = 1035.23 12.5 National savings = 12.5 28528.68
Bacs 24-Sep-21 788.88 Laura Hendry = 788.88 = 27739.80
Bacs 24-Sep-21 817.98 Leah Beal = 817.98 = 26921.82
Bacs 24-Sep-21 911.5 Ute Graham = 911.5 = 26010.32
Bacs 24-Sep-21 = 3,276.66 WNC funding = 3276.66 29286.98
Bacs 30-Sep-21 125.78 pension 125.78 = 29161.20
Bacs 05-Oct-21 1320 Village hall = 1320 = 27841.20
Bacs 11-Oct-21 = 75.00 Paula Foster = 75.00 27916.20
Bacs 13-Oct-21 13 Leah expenses = 13 = 27903.20
Bacs 19-Oct-21 = 1150.00 Lucy Dunkely = 1150.00 29053.20
Bacs 19-Oct-21 = 200.00 Ralphie Hudson = 200.00 29253.20
Bacs 21-Oct-21 629.15 = 629.15 = 28624.05
Bacs 22-Oct-21 = 175.00 Louie Smith = 175.00 28799.05
Bacs 22-Oct-21 = 475.00 Ralphie Hudson = 475.00 29274.05
Bacs 22-Oct-21 = 3276.66 = £3,276.66 32550.71
Bacs 21-Oct-21 = 1.00 Deborah dunkley = 1.00 32551.71
Bacs 25-Oct-21 95 Diane Malley = 95 = 32456.71
Bacs 27-Oct-21 = 87.50 Mia Cobbold = 87.50 32544.21
Bacs 28-Oct-21 = 425.00 Zayd = 425.00 32969.21
Bacs 29-Oct-21 1003.87 Charlotte Bryant = 1003.87 = 31965.34
Bacs 29-Oct-21 817.98 Leah Beal = 817.98 = 31147.36
Bacs 29-Oct-21 788.88 Laura Hendry = 788.88 = 30358.48
Bacs 29-Oct-21 911.5 Ute Graham = 911.5 = 29446.98
Bacs 29-Oct-21 = 290.50 olivia diggin = 290.50 29737.48
Bacs 01-Nov-21 = 500.00 emily flaxman = 500.00 30237.48
Bacs 01-Nov-21 = 250.00 laynie Birch = 250.00 30487.48
Bacs 01-Nov-21 125.78 = 125.78 = 30361.70
Bacs 01-Nov-21 900 = 900 = 29461.70
Bacs 02-Nov-21 = 120.70 Dottie Ranyard = 120.70 29582.40
Bacs 04-Nov-21 390.50 Phobe Moore = 390.50 29972.90
Bacs 09-Nov-21 = 90.50 Daisy Webb = 90.50 30063.40
Bacs 15-Nov-21 = 12.50 Oliver Hill = 12.50 30075.90
Bacs 15-Nov-21 = 75.00 Autumn Hill = 75.00 30150.90
Bacs 24-Nov-21 = 3276.66 Funding = 3276.66 33427.56
Bacs 24-Nov-21 1316.7 Charlotte Bryant = 1316.7 = 32110.86
Bacs 24-Nov-21 1158.72 Leah Beal = 1158.72 = 30952.14
Bacs 24-Nov-21 1154.71 Laura Hendry = 1154.71 = 29797.43
Bacs 24-Nov-21 1256.36 Ute Graham = 1256.36 = 28541.07
Bacs 30-Nov-21 = 87.50 Roman Noone = 87.50 28628.57
Bacs 01-Dec-21 185.01 Nest = 185.01 = 28443.56
Bacs 06-Dec-21 = 5.00 Hill M&L = 5 28448.56
Bacs 06-Dec-21 1320 rent = 1320 = 27128.56
Bacs 10-Dec-21 = 205.00 cash in bank = 205 27333.56
Bacs 13-Dec-21 = 6.74 Amazon charity = 6.74 27340.30
Bacs 17-Dec-21 = 3276.66 funding = 3276.66 30616.96
Bacs 17-Dec-21 800 rent = 800 = 29816.96
Bacs 20-Dec-21 96 Selena = 96 = 29720.96
Bacs 24-Dec-21 843.88 Ute Graham = 843.88 = 28877.08
Bacs 24-Dec-21 938.26 Charlotte Bryant = 938.26 = 27938.82
Bacs 24-Dec-21 788.88 Laura Hendry = 788.88 = 27149.94
Bacs 24-Dec-21 750.84 Leah Beal = 750.84 = 26399.10
Bacs 30-Dec-21 120.15 Nest = 120.15 = 26278.95
Bacs 04-Jan-22 = 700.00 Emily Dunkley = 700.00 26978.95
Bacs 04-Jan-22 = 150.00 Hayley Birch = 150.00 27128.95
Bacs 04-Jan-22 = 62.50 Daisy Webb = 62.50 27191.45
Bacs 04-Jan-22 = 425.00 Emily Flaxman = 425.00 27616.45
Bacs 05-Jan-22 = 100.00 Sophia old = 100.00 27716.45
Bacs 06-Jan-22 = 100.00 Autumn Hill = 100.00 27816.45
Bacs 07-Jan-22 = 99.90 Ranyard SM = 99.90 27916.35
Bacs 10-Jan-22 = 150.00 Karl Maloret = 150.00 28066.35
Bacs 10-Jan-22 = 450.00 Phobe Moore = 450.00 28516.35
Bacs 18-Jan-22 68 St Peters Church = 68 = 28448.35
Bacs 18-Jan-22 95 Diane Malley = 95 = 28353.35
Bacs 20-Jan-22 = 25.00 Reeves R = 25.00 28378.35
= 4115.77 WNC funding = 4,115.77 32494.12
Bacs 25-Jan-22 150 = 150 = 32344.12
Bacs 27-Jan-22 788.88 Laura Hendry = £788.88 = 31555.24
Bacs 27-Jan-22 1035.23 Charlotte Bryant = 1035.23 = 30520.01
Bacs 27-Jan-22 817.98 Leah Beal = 817.98 = 29702.03
Bacs 27-Jan-22 904.78 Ute Graham = 904.78 = 28797.25
Bacs 28-Jan-22 £125.22 Nest = £125.22 = 28672.03
Bacs 01-Feb-22 = 500.00 Hut 3 = 500 29172.03
Bacs 02-Feb-22 = 25.00 KM Scheter = 25.00 29197.03
Bacs 02-Feb-22 31.88 cartride world = 31.88 = 29165.15
Bacs 02-Feb-22 £1,188 Parish Council-rent = £1,188 = 27977.15
Bacs 18-Feb-22 = 22.23 easy fundraising = 22.23 27999.38
Bacs 23-Feb-22 = 9.68 Amazon charity = 9.68 28009.06
Bacs 24-Feb-22 = 750.00 Lucy Dunkely = 750.00 28759.06
Bacs 25-Feb-22 = 4115.77 WNC funding = 4,115.77 32874.83
Bacs 25-Feb-22 612.65 Laura Hendry = 612.65 = 32262.18
Bacs 25-Feb-22 915.4 Charlotte Bryant = 915.4 = 31346.78
Bacs 25-Feb-22 911.5 Ute Graham = 911.5 = 30435.28
Bacs 25-Feb-22 750.84 Leah Beal = 750.84 = 29684.44
Bacs 28-Feb-22 = 150.00 Hayley Birch = 150.00 29834.44
Bacs 28-Feb-22 = 99.90 Ranyard SM = 99.90 29934.34
Bacs 28-Feb-22 1080 Parish Council-rent = 1080 = 28854.34
Bacs 28-Feb-22 112.68 Nest = 112.68 = 28741.66
Bacs 01-Mar-22 = 187.50 Steven Lupu = 187.50 28929.16
Bacs 02-Mar-22 = 450.00 Phobe Moore = 450.00 29379.16
Bacs 03-Mar-22 = 450.00 Donna Trezona = 450.00 29829.16
Bacs 03-Mar-22 = 75.00 Sophia old = 75.00 29904.16
Bacs 04-Mar-22 = 150.00 Karl Maloret = 150.00 30054.16
Bacs 04-Mar-22 = 415.15 WNC funding = 415.15 30469.31
Bacs 11-Mar-22 = 57.04 WNC funding = 57.04 30526.35
Bacs 18-Mar-22 215.83 Hannah Cheadle = 215.83 = 30310.52
Bacs 25-Mar-22 = 87.50 Daisy Webb = 87.50 30398.02
Bacs 25-Mar-22 = 4164.37 WNC funding = 4164.37 34562.39
Bacs 25-Mar-22 462.96 Laura Hendry = 462.96 = 34099.43
Bacs 25-Mar-22 835.58 Leah Beal = 835.58 = 33263.85
Bacs 25-Mar-22 911.5 Ute Graham = 911.5 = 32352.35
Bacs 25-Mar-22 986.23 Charlotte Bryant = 986.23 = 31366.12
Bacs 29-Mar-22 80 Crazy for Kids = 80 = 31286.12
Bacs 30-Mar-22 101.77 Nest = 101.77 = 31184.35
Bacs 05-Apr-22 1728 Parish Council-rent = 1728 = 29456.35
Bacs 14-Apr-22 = 675.00 Lucy Dunkely = 675.00 30131.35
Bacs 14-Apr-22 = 25.00 KM Scheter = 25.00 30156.35
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3
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Bacs 20-Apr-22 = 75.00 S Bouncey = 75.00 30231.35
Bacs 21-Apr-22 15 Circus flyer = 15 = 30216.35
Bacs 21-Apr-22 141.58 Hope equipment_Findel = 141.58 = 30074.77
bacs 22-Apr-22 = 150.00 Hayley Birch = 150.00 30224.77
Bacs 22-Apr-22 = 99.90 SM Ranyard_Dottie = 99.90 30324.67
Bacs 22-Apr-22 = 3055.11 WNC funding = 3055.11 33379.78
Bacs 25-Apr-22 = 400.00 Adam Flaxman = 400.00 33779.78
Bacs 25-Apr-22 = 150.00 karl Maloret = 150.00 33929.78
Bacs 28-Apr-22 1054 Charlotte Bryant = 1054 = 32875.78
Bacs 28-Apr-22 892.66 Laura Hendry = 892.66 = 31983.12
Bacs 28-Apr-22 935.95 Leah Beal = 935.95 = 31047.17
Bacs 28-Apr-22 820.36 Ute Graham = 820.36 = 30226.81
Bacs 28-Apr-22 126.47 Nest = 126.47 = 30100.34
BacsBACS 03-May-2204-May-22 67.06 Hannah Cheadle23.4 Laura Hendry-travell expenses == 67.06 23.4 == 30076.9430009.88
Bacs 05-May-22 576 Parish council rent = 576 = 29433.88
Bacs 09-May-22 = 5.77 Amazon = 5.77 29439.65
Bacs 12-May-22 = 65.50 Laura webb = 65.50 29505.15
Bacs 16-May-22 = 12.50 A Lawrenson = 12.50 29517.65
Bacs 17-May-22 = 99.60 S boyle = 99.60 29617.25
Bacs 17-May-22 = 25.00 K Connor = 25.00 29642.25
Bacs 19-May-22 24.19 Hannah Cheadle = 24.19 = 29618.06
Bacs 20-May-22 = 10.00 leah beal-table sale = 10 29628.06
Bacs 23-May-22 = 6.00 Hannah cheadle = 6.00 29634.06
Bacs 23-May-22 = 10.00 Hannah cheadle = 10 29644.06
Bacs 23-May-22 56.63 Hope Education = 56.63 = 29587.43
Bacs 25-May-22 = 10.00 Truddi Stripp = 10 29597.43
Bacs 25-May-22 = 50.00 James Moore = 50 29647.43
Bacs 25-May-22 = 3097.79 Wnc finance = 3097.79 32745.22
Bacs 27-May-22 835.83 leah beal = 835.83 = 31909.39
Bacs 27-May-22 536.61 Laura Hendry = 536.61 = 31372.78
Bacs 27-May-22 961.7 Ute Graham = 961.7 = 30411.08
Bacs 27-May-22 1054.38 Charlotte Bryant = 1054.38 = 29356.70
Bacs 06-Jun-22 1298 Parish council rent = 1298 = 28058.70
Bacs 06-Jun-22 172.76 Nest = 172.76 = 27885.94
Bacs 07-Jun-22 = 800.00 Deborah dunkley = 800.00 28685.94
Bacs 08-Jun-22 = 200.00 Donna Trezona = 200.00 28885.94
Bacs 13-Jun-22 = 200.00 S Bouncey = 200.00 29085.94
Bacs 13-Jun-22 = 125.00 Karl Maloret = 125.00 29210.94
BacsBacs 13-Jun-2213-Jun-22 143.99 Hope Education50 transfer to current account == 50 143.99 == 29160.9429016.95
Bacs 13-Jun-22 155.99 Hope Education = 155.99 = 28860.96
Bacs 14-Jun-22 = 175.00 Hayley Birch = 175.00 29035.96
Bacs 20-Jun-22 = 130.75 SM Ranyard_Dottie = 130.75 29166.71
Bacs 21-Jun-22 = 10.00 Gillian Hendry = 10 29176.71
Bacs 24-Jun-22 = 6.00 A E Warren = 6.00 29182.71
Bacs 24-Jun-22 = 6.00 Alexa Daly = 6.00 29188.71
Bacs 24-Jun-22 = 3097.79 Wnc finance = 3097.79 32286.50
Bacs 24-Jun-22 1110.85 Leah Beal = 1110.85 = 31175.65
Bacs 24-Jun-22 1293.77 Ute Graham = 1293.77 = 29881.88
Bacs 24-Jun-22 848.03 Laura Hendry = 848.03 = 29033.85
Bacs 24-Jun-22 1273.84 Charlotte Bryant = 1273.84 = 27760.01
Bacs 27-Jun-22 = 6.00 S Boyle = 6.00 27766.01
Bacs 28-Jun-22 = 6.00 LM Hill = 6.00 27772.01
Bacs 30-Jun-22 253.1 Nest = 253.1 = 27518.91
Bacs 01-Jul-22 = 6.00 Natalie Smith = 6.00 27524.91
Bacs 04-Jul-22 = 12.00 K Connor = 12.00 27536.91
Bacs 04-Jul-22 = 10.00 v Cade = 10 27546.91
Bacs 04-Jul-22 = 19.17 Sum up payments = 19.17 27566.08
Bacs 04-Jul-22 = 6.00 SM Ranyard = 6.00 27572.08
BacsBacsBacsBacsBacsBacs 06-Jul-2206-Jul-2206-Jul-2206-Jul-2206-Jul-2207-Jul-22 1836 Parish council rent150 current account ====== 1836 150 810.39 Pre loved Sale12.00 S J Howes25.00 hannah Cheadle6.00 karl Maloret ====== 12.0025.006.00 810.39 28382.4728394.4728419.4728269.4726433.4726439.47
BacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacsBacs 08-Aug-2208-Aug-2222-Aug-2225-Aug-2225-Aug-2225-Aug-2225-Aug-2208-Jul-2213-Jul-2219-Jul-2221-Jul-2222-Jul-2225-Jul-2228-Jul-2228-Jul-2228-Jul-2228-Jul-2229-Jul-22 1075.55 Laura hendry1251.47 Ute Graham1199.86 Leah Beal1439.65 Charlotte Bryant273.22 Nest857.81 Ute Graham862.53 Laura Hendry733.76 Leah Beal928.47 Charlotte Bryant116 Charirman payment936 Parish council rent =================== 1075.551251.471199.861439.65857.81862.53733.76928.47 273.22 936 116 3094.19 Wnc payment3097.79 Wnc finance150.00 Donna Trezona159.00 LM WEBB150.00 Donna Trezona10.00 Pete Cheadle12.50 Natalie Smith =================== 3094.193097.79 150.00159.00150.0012.50 10 26589.4726599.4726611.9726495.9729590.1629749.1628673.6127422.1426222.2824782.6324509.4124659.4123723.4126821.2025963.3925100.8624367.1023438.6323438.63
= = 23438.63
= = 23438.63
= = 23438.63
= 23438.63
Totals 62830.42 0.00 0.00 45184.78 0.00 1721.94 12982.00 0.00 677.88 0.00 0.00 0.00 629.15 0.00 0.00 324.00 0.00 0.00 0.00 203.00 0.00 0.00 0.00 0.00 0.00 60429.08 0.00 0.00 42327.46 15935.45 500.00 0.00 0.00 0.00 0.00 0.00 1666.17 0.00 0.00 0.00 0.00 #REF!
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4
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2021/22 2020/21
Trading Income
NCC funding 42,327.46 44,602.29
Fees Income 15,935.45 14,438.00
Donations 500.00 250.00
Music 0.00 0.00
EYPP grants 0.00 0.00
Contributions to trips 0.00 43.80
Photos 0.00 0.00
Bank Interest 0.00 0.00
Fundraising 1,666.17 856.45
Uniform Sales 0.00 262.50
Other Income 0.00 0.00
Easy fundraising 0.00 114.29
Summer ball 0.00 0.00
60,429.08 60,567.33
Payments
Wages 45,184.78 40,804.88
HMRC 0.00 0.00
Pensions 1,721.94 288.14
Rent 12,982.00 8,538.00
EYPP spends / ncc refund 0.00 0.00
Supplies 677.88 631.73
Activities 0.00 0.00
Snacks 0.00 41.59
Insurance 629.15 619.11
New Equipment 0.00 239.18
Fundraising Expenses 0.00 0.00
Training 324.00 0.00
Photographs 0.00 0.00
Thank You Gifts / Long Term Service 0.00 0.00
Trips / Outings / Leavers Party Entertainment 0.00 91.70
Advertising 0.00 73.05
Professional Fees & checks 203.00 240.00
Repairs and maint 0.00 44.94
Kids Uniforms 0.00 306.50
Staff Uniform 0.00 0.00
Overpayment 0.00 87.50
Misc 0.00 0.00
61,722.75 52,006.32
Operating Profit / Loss -1,293.67 8,561.01
Fundraising 1,666.17 970.74
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5
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Outstanding Fees 0.00 0.00
Profit / Loss for the Year 372.50# 9,531.75#
Transfer to Reserve Account
Bank Balance as of
Current Account as 31-08-22. 23,349.05 25,839.97
Reserve Account 15,041.22 15,034.18
Bank card 51.53 40,874.15
38,441.80
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6
2019/20 29,638.85 9,371.00 40.00 0.00 0.00 0.00 87.37 0.00 713.28 148.00 2,026.14 337.11 0.00 42,361.75 38,606.22 0.00 53.15 7,033.00 3,253.50 871.55 0.00 86.36 611.20 0.00 0.00 26.00 0.00 11.34 86.25 73.05 240.00 47.64 199.89 11.50 0.00 0.00 51,210.65 -8,848.90 1,050.39
7
0.00 -7,798.51 17.437.12 15,032.65 32,469.77
Quiz + Raffle £801.90
Alex Gothey 20 Bramely Close Co8enhoe NN7 lty 27.06.23 To the cogen1e Pre$dl Committee I have carrbed out a finandal Judlt of the preschool accounts for the fftnandal year I Sepiembef 2021-31. Au8USt 2022 and am pleased to report that the accounts appear lo In Sound ordef. I carrSed out random thecks ihroughout the years accounts on bank deposlts and Invokes and can confirm there is a clear accountln8 functlon andls easy to cross check. The prtxhool reportèd a small loss over the financial year. Thls Is a manageable loss but shows thls should be COnantlY thecked In the year to come. The Prv5chool's bank b•lance lopks healthy and causes me no concerns for futUTe year5 Re8ardln8 any advke. I would Just stlll mentlon that It Is worth keepln8 a tab on the HMRC funds to ensure when these are used and when deductlons wlll need to be made. Also looking at external pressures such as cost of li¥ln8 all costs will ultimately Inuea5e meanlng the Pfeschool should conskler thts BD 4ency & Desi8n I M•na8in8 Director