Abington Vale Playschool
Notes to accountants for the year to 31st July 2023.
Income
Total funding for 2022-2023 was £141,702.28 a 2.76% decrease on last year. County council funding was £92,420.86 – 65% of fees: parents funding was £49,281.42 – 35% of total fees. Fundraising was £279.36 – 65% up down last year. This fundraising is made up of commission from photographs taken of the children who were leaving the setting and a Christmas fundraising.
Total income = £141,981.64
Expenditure
Salary costs were down 9% from last year. An additional staff member was kept on due to children with special educational needs, but hours were reduced. Salary costs were £84,516.72.
Children’s activities increased to £1,090.74 for the year. These included many imaginative crafts and outdoor activities. Equipment was also bought for special educational needs.
Utility costs (Electricity and water) increased by 61.8% from last year to £11,042.36. Ofce supplies – including interactive Apps for the parents and their families, postage, stationery, printer ink and ICT apps increased from last year by 5% at £4,404.02. Staf uniforms and welcome packs for children decreased by 7.4%, costing £448.45 for the year.
Site Maintenance, including the annual and monthly service charges for Chubb, Cawley care and waste package, PHS duty of care, and Onyx CCTV security, was decreased by 20.7% to £1,905.98.
Children’s snacks, tea, coffee, and cleaning materials make up the sundry total of £978.39, a decrease of 34% on last year’s £1,316.40.
Miscellaneous including DBS checks and annual Ofsted fee, Christmas party presents and decorations, Music licence and lottery fee to West Northamptonshire Council, a trip to the farm for the children, McAfee security for laptops, AVG licence and office for the computers, a decrease of 38% and cost at £2,316.53.
Phone and broadband costs were £1,206.64, a 76.6% decrease from last year due to changing providers.
Insurance is £849.03, which includes PLA membership; this is the same as last year. Equipment and fxed assets were £3,602.87. These included small toys for the children and large items, such as new tuff trays and heaters for the mobile classroom. This decreased by 403% last year.
Fees for staf courses, including four first aid courses and safeguarding courses for all staff, cost £413.38.
Inland Revenue charges and Pensions have been split out this year and represent a cost of £22,883.34, an increase of 16.1% from last year.
There was a defcit of £5,916.05 for this year.
Abln8ton Vale Playschool profit and Loss Accounts fer the s year ende< 315t July 2022 Imcome.. 2023 2022 141,702.28 145,729.00 4026.72 279.36 785.45 506.09 116.55 4.71 111.84 2023 Fee5 Fundraising Grants 141,981.64 146,519.16 Less.. Expenditure.. Wages and Pensions CONT.. 84,516.72 93,071.51 4,250.96 1,090.74 680.82 409.92 11,042.36 4,404.02 448.45 1,905.98 9.10% 60.20% 61.60% 4.70% 6.90% 17.18% 0% 25.67% 61.84% 76.60% 2.02% 93.02% 23.61% 6.03% 4.97% 6,833.00 4.209.36 4,205.95 198.07 481.81 36.36 2.301.39 395.41 0.00 978.39 1.316.40 338.01 2,316.53 3.745.67 1,429.14 1,206.64 2,131.04 924.4 849.03 831.81 17.22 3.602.87 6,954.31 3,351.44 413.38 511.00 97.62 22.883.34 19,701.09 1,121.58 Office SuppllÈs Uniform/t-Shirts and welcome packs slte malntenance Legal Cost Sundaries Miscellaneous Phonel8raodband Insurance Equipmentlsmall toys course fees Ilnland Revenue & Pensions 135.658.45 142.765.8Q re resented b 2023 2022 Fixed A5SÈts rixed assets brough forward Add.. Addltions Les5.' Sale5 Le55.' Depreciation and wrlte downs Flxed Assets carrled forward 11,472.48 10,062.62 1,722.93 6,954.31 0.00 0.00 5,045.45 5,544.45 8,149.96 Current Assets.. Cash at B3nk Petty Cash Debtors and prep3ymenls 29,962.38 32,555.91 2(M).OD 200.00 -200.00 29.962.38 38.112.34'" -200.00 2,55 Total Current Assests Totsl Assets Check ThÈ above kcounts were occepted at a meetlng of the Trustee5 held on....... 2ts.1.o.41.20.24 ,,,,. SIGNED....,................. .ChJir of Trustees
CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees 46IwciTCNJ V,ILtr PLfl-lJCNooL . 31"" TULI 2023 On accounts for the year ended Charity no (if any) 1018q22 Sèt out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust"} for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515}Ib) of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of linsert name of applicable listed bodyll. Delete I l if not applicable. I have completed my examination. I confirm thal no material matters have come to my attention in connection with the examination {other than that disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delet8 the words in the brackets if they do nol apply. Signed: Date: 2610+12024- Name: 6ENJJAN INI KEELI Relevant professional qualificationlsl or body IER Oct 2018
lif any): Address: N)LrHrtF4P hJW6 C• Section B Disclosure Only complete if the examiner needs lo highlight material mallei"s of concern (see CC32, Independent examination of charity accounts.. directions and guidance for ex2miners}. Give hore brief details of any items that the examiner wishes to disclose. IER Oct 2018