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2023-08-31-accounts

- Welcome to Portreath Pre schools AGM.

- About the Pre school

Portreath Pre-school is a charity run Pre-school providing early years education for children aged 2 and half until they reach school age. The pre-school is managed by a committee who act as the trustees. This committee is formed by parents of children who attend the preschool and members of the local community. As a charity the setting relies on the support of parents and the local community.

Review of the year

The pre-school has had quite a challenging year. Lots of factors over the past 12 months have made us look at the long term future of the pre-school.

Our staffing this year has been one of our biggest issues. In January we said goodbye to Rebekah after many years as the manager. Rachel and Louise stepped up to fill this role temporarily. We are very fortunate that Jannah decided to take on the role of manager from September 2023. Jannah leads our team of highly qualified practitioners including Hannah (deputy), Mel, Lorraine and Jane.

We are currently in the process of recruiting another practitioner to join the team.

We are also incredibly lucky to have Tash who does all of our admin.

Although staffing has been challenging this year our team have worked really hard to ensure all the children receive the best possible experience at the setting.

Fundraising

Fundraising has played a huge part in securing our finances this year.

Parents and the local community have also been extremely generous and donated a huge amount throughout the year. We have also received donations from the parish council and the PIC.

We would also like to express our gratitude to the PIC for allowing us to use the building rent free.

Earlier on in the year we were subjected to a break in at the preschool. Damage was caused to a lot of our resources. Members of the parish arranged a coffee morning which raised over £1000. Other successful fundraising events have been: Snuggledown Xmas evening (in January due to poorly children) Cake sale/raffle Summer fete Bags2school Daffodils

The committee

Without the committee our pre-school couldn’t run. The committee is made up of a chair, a treasurer, a secretary and a numbers of committee members.

Now follows a finances report from Vicky the treasurer and a managers report from Jannah.

Portreath Pre School Play Group

Financial Activities

September 2022 - August 2023

TOTAL
Income
1 Fees 9,962.75
Donations and legacies 4,966.30
Funding 93,120.98
Fundraising 2,565.74
Sale of Uniform 20.00
Total Income £110,635.77
Cost of Sales
Purchase of Uniform 242.37
Resources 1,826.57
Total Cost of Sales £2,068.94
TOTAL £108,566.83
Expenditures
Administration 820.00
Advertising/Promotional 260.29
Cleaning 377.78
Computer Costs 34.67
Insurances 678.05
Legal & Professional 146.00
Payroll Expenses 0.00
3000 Wages 78,332.99
Pension 867.74
Taxes 0.00
Total Payroll Expenses 79,200.73
Phone Costs 939.07
Printing, Postage and Stationery 170.65
Raising funds 6.99
Rent 2,820.00
Repairs & Maintenance 74.65
Snacks & Kitchen Items 376.91
Staff Training & Welfare 519.54
Sundry Expenses 100.35
Travel and Accommodation 177.09
Total Expenditures £86,702.77
NET OPERATING INCOME £21,864.06
NET INCOME/(EXPENDITURE) £21,864.06

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Cash Basis Wednesday, 4 October 2023 06:49 pm GMT+01:00

Portreath Pre School Play Group Trial Balance As ofAugust 31, 2023 DEBIT CREDIT Cash Awounl Sanlandèr Currant A¢¢ount Ottica Equipmènt Cost 8070 Wagès & Salari8s Control 8072 Wagès & Salarias Control'.P&nsion A¢¢ruals 8071 Payroll Liabilities.'HMRC PAYE Control Payroll Liabilities'.HMRC Payroll Liabilities.'Pension Opening Balance Equity Retained Earnings 1 Fees Donaticins and legacies Funding Fundraising Sale of Uniform Purchase of Unrform Resources Administration AdvertisinglPromotional Cleaning Computer Costs Insurances Legal & Professional 3000 Payroll Expenses.'Wages Payroll Exponsès.'Pènsion Payroll Expens?s:Tax8s Phonè Costs Printing, Postage and Ststionary Raising funds RÉnt Repairs & Maint8nan¢8 Snacks & Kitchèn Itams Staff Training & Wellar6 Sundry Expenses Travel and Accornmcmlation TOTAL 439.67 51,670.03 563.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ss.00 0.00 0.00 0.00 462.35 0.00 0.00 30,292.03 9,962.75 4,966.30 93,120.98 2,565.74 20.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 242.37 1,826.57 820.00 260.29 377.78 34.67 678.05 146.00 78,332.99 867.74 0.00 0.00 0.00 0.00 0.00 939.07 170.65 0.00 0.00 6.99 2,820.00 74.65 376.91 519.54 100.35 177.09 £141.445.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £141 A45.15 Cash Basls Wednesday. 4 October 2023 06:52 pm GMT+01'.00 111