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2021-07-31-accounts

CHARITY NUMBER: 1029726 Hatchell Wood Pre-School

Annual General Meeting N/A

’ - Accountant s Report for the Period 01.08.20 31.07.21

Account balances

The balances on the accounts were as follows:

Opening balance Closing balance (31.07.21) (01.08.20) Current account £77746.17 £94847.43 Reserve account £ 0.19 £0.19

Grant funding and fees

Grant funding and fees received in the financial year amounted to £107391.13. Overall a decrease of 6.3% compared to last year.

Fund-raising activities

Fundraising raised a total of £367 from Easy Fundraising UK and £156 from the sale of school photographs..

Staff wages

All members of staff are on the National Living Wage age-appropriate, with exception of the Supervisor who is salaried. There were two members of staff employed during the year and three leavers.

Wages represented the highest single expenditure incurred by the pre-school amounting to £69,643.25. This figure included employee NIC, tax and pension contributions. This was a slight increase of 0.53% on last year’s wages.

Other issues

The income and expenditure account shows a surplus of £19447.40 this year, compared to last year’s surplus of £26951.92. 64.85% of total income received was spent on wages this year, compared to 60.44% the previous year.

There was a very slight decrease of 0.62% in rent paid.

The combined figure of £4068.17 comprised of equipment/ books and stationery/ general administration. This represents 3.79% of total expenditure, compared to 4.83% last year. The figure consisted of small individual purchases.

The tangible assets listed on the balance sheet were the refurbishment applied to the extra room used by preschool as an office/staff room, now in the eighth year, a new computer purchased in October 2012 and a new touch screen computer purchased in January 2014. Depreciation using the reducing balance method is applied at 25%.

CHARITY NUMBER: 1029726

HATCHELL WOOD PRE-SCHOOL

PLUMPTON PARK ROAD BESSACARR DONCASTER DN4 6SL

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31-Jul-21

PREPARED BY:

MELLOR-WRIGHT ACCOUNTING

FLAT 1

25 BRUNSWICK SQUARE

GLOUCESTER

GL1 1UN

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31-Jul-21

CONTENTS
Income and expenditure account
Balance sheet
Notes to the accounts
Accountant's report
PAGE
1
2
3
4

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31-Jul-21

Fees/grants
Fundraising activities
Photos
Jumper sales
Covid grant
School events/trips
Wages & PAYE
Accounts/payroll services
Rent
Equipment & books
Stationery & general admin
Training costs
Uniform
Insurance
Subscriptions/professional fees
Petty cash expenditure
Sundries
Depreciation
SURPLUS/(DEFICIENCY)
2021 £
87943.73
19447.40
2020
£
106,845.63
367.00
156.00
22.50
0.00
107391.13
0.00
69643.25
1550.00
8445.00
2201.58
1866.59
374.80
521.04
820.51
831.64
353.17
1045.44
290.71
106,845.63
367.00
156.00
22.50
0.00
£
440.00
69271.84
1550.00
8498.25
4784.07
759.59
252.60
0.00
820.51
205.95
687.00
0.00
387.61
£
104609.34
0.00
0.00
0.00
10000.00
114609.34
87657.42
26951.92

Prepared by:

Mellor-Wright Accounting Flat 1 25 Brunswick Square Gloucester GL1 1UN

-1-

HATCHELL WOOD PRE-SCHOOL

BALANCE SHEET AS AT 31-Jul-21

Note
2021
£
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Wages account
20557.72
Cash at bank
94847.43
Reserve account
0.17
Credit card
49.21
Cash in hand
112.23
115566.76
CURRENT LIABILITIES
Accrued expenses
175.00
175.00
NET CURRENT ASSETS
NET ASSETS
FINANCED BY:
CAPITAL ACCOUNT
2
2021 £
872.09
115391.76
116263.85
116263.85
2020
£
17734.85
77746.17
0.19
49.21
298.23
95828.65
175.00
175.00
£
1162.80
95653.65
96816.45
96816.45

Prepared by: Mellor-Wright Accounting Flat 1 25 Brunswick Square Gloucester GL1 1UN

-2-

HATCHELL WOOD PRE-SCHOOL

WORKINGS TO THE ACCOUNTS 31-Jul-21

Note
1
Note
2
TANGIBLE ASSETS
COST
As at 31 July 2020
Additions
Disposals
As at 31 July 2021
DEPRECIATION
As at 31 July 2020
Charge for year
On disposals
As at 31 July 2021
NET BOOK VALUE
As at 31 July 2021
As at 31 July 2020
CAPITAL ACCOUNT
Balance b/f
SURPLUS/(DEFICIENCY)
Balance c/f
FIXTURES/
FITTINGS
TOTAL
£
1162.82
1162.82
1162.82
1162.82
290.71
290.71
290.71
290.71
872.12
872.12
1162.82
1162.82
96816.45
19447.40
116263.85

-3-

HATCHELL WOOD PRE-SCHOOL

Accountants' Report

We have prepared the attached accounts from the books of account and other information given to us, and certify them to be in accordance therewith. We have not carried out a full audit.

SIGNED …………………………

DATE …………………

Proprietor's Approval of Accounts

I approve the attached accounts for the year ended……………. Set out on page 1 to 3 and confirm that I have made available all relevant records and information for their preparation and give my authority for them to be submitted to the Inland Revenue.The Charities Commission and HMRC.

SIGNED …………………………

DATE …………………

MELLOR-WRIGHT ACCOUNTING Flat 1 25 Brunswick Square Gloucester GL1 1UN

-4-

CHARITY NUMBER: 1029726

HATCHELL WOOD PRE-SCHOOL

PLUMPTON PARK ROAD BESSACARR DONCASTER DN4 6SL

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31-Jul-21

PREPARED BY:

MELLOR-WRIGHT ACCOUNTING

FLAT 1

25 BRUNSWICK SQUARE

GLOUCESTER

GL1 1UN

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31-Jul-21

CONTENTS
Income and expenditure account
Balance sheet
Notes to the accounts
Accountant's report
PAGE
1
2
3
4

HATCHELL WOOD PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31-Jul-21

Fees/grants
Fundraising activities
Photos
Jumper sales
Covid grant
School events/trips
Wages & PAYE
Accounts/payroll services
Rent
Equipment & books
Stationery & general admin
Training costs
Uniform
Insurance
Subscriptions/professional fees
Petty cash expenditure
Sundries
Depreciation
SURPLUS/(DEFICIENCY)
2021 £
87943.73
19447.40
2020
£
106,845.63
367.00
156.00
22.50
0.00
107391.13
0.00
69643.25
1550.00
8445.00
2201.58
1866.59
374.80
521.04
820.51
831.64
353.17
1045.44
290.71
106,845.63
367.00
156.00
22.50
0.00
£
440.00
69271.84
1550.00
8498.25
4784.07
759.59
252.60
0.00
820.51
205.95
687.00
0.00
387.61
£
104609.34
0.00
0.00
0.00
10000.00
114609.34
87657.42
26951.92

Prepared by:

Mellor-Wright Accounting Flat 1 25 Brunswick Square Gloucester GL1 1UN

-1-

HATCHELL WOOD PRE-SCHOOL

BALANCE SHEET AS AT 31-Jul-21

Note
2021
£
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Wages account
20557.72
Cash at bank
94847.43
Reserve account
0.17
Credit card
49.21
Cash in hand
112.23
115566.76
CURRENT LIABILITIES
Accrued expenses
175.00
175.00
NET CURRENT ASSETS
NET ASSETS
FINANCED BY:
CAPITAL ACCOUNT
2
2021 £
872.09
115391.76
116263.85
116263.85
2020
£
17734.85
77746.17
0.19
49.21
298.23
95828.65
175.00
175.00
£
1162.80
95653.65
96816.45
96816.45

Prepared by: Mellor-Wright Accounting Flat 1 25 Brunswick Square Gloucester GL1 1UN

-2-

HATCHELL WOOD PRE-SCHOOL

WORKINGS TO THE ACCOUNTS 31-Jul-21

Note
1
Note
2
TANGIBLE ASSETS
COST
As at 31 July 2020
Additions
Disposals
As at 31 July 2021
DEPRECIATION
As at 31 July 2020
Charge for year
On disposals
As at 31 July 2021
NET BOOK VALUE
As at 31 July 2021
As at 31 July 2020
CAPITAL ACCOUNT
Balance b/f
SURPLUS/(DEFICIENCY)
Balance c/f
FIXTURES/
FITTINGS
TOTAL
£
1162.82
1162.82
1162.82
1162.82
290.71
290.71
290.71
290.71
872.12
872.12
1162.82
1162.82
96816.45
19447.40
116263.85

-3-

HATCHELL WOOD PRE-SCHOOL

Accountants' Report

We have prepared the attached accounts from the books of account and other information given to us, and certify them to be in accordance therewith. We have not carried out a full audit.

SIGNED …………………………

DATE …………………

Proprietor's Approval of Accounts

I approve the attached accounts for the year ended……………. Set out on page 1 to 3 and confirm that I have made available all relevant records and information for their preparation and give my authority for them to be submitted to the Inland Revenue.The Charities Commission and HMRC.

SIGNED …………………………

DATE …………………

MELLOR-WRIGHT ACCOUNTING Flat 1 25 Brunswick Square Gloucester GL1 1UN

-4-