CHARITY NUMBER: 1029726 **Hatchell Wood Pre-School** ## Annual General Meeting N/A ## ’ - Accountant s Report for the Period 01.08.22 31.07.23 ## Account balances The balances on the accounts were as follows: **Opening balance Closing balance (31.07.23) (01.08.22) Current account £115,894.95 £119,440.90 Reserve account £ 0.17 £0.17** ## Grant funding and fees Grant funding and fees received in the financial year amounted to £121,113.81. Overall an increase of 4.21% compared to last year. ## Fund-raising activities Fundraising raised a total of £172.91. £42.91 from Easy Fundraising UK and £130 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 was one new member of staff employed during the year and one leaver. Wages represented the highest single expenditure incurred by the pre-school amounting to £88,878.96. This figure included employee NIC, tax and pension contributions. This was an increase of 9.39% on last year’s wages. ## Other issues The income and expenditure account shows a surplus of £15,033.37 this year, compared to last year’s surplus of £13,999.92. 73.38% of total income received was spent on wages this year, compared to 69.91% the previous year. There was an increase of 3.65% in rent paid. The combined figure of £4,000.42 comprised of equipment/ books and stationery/ general administration. This represents 3.77% of total expenditure, compared to 6.46% 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 tenth 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-23** ## **PREPARED BY:** **MELLOR-WRIGHT ACCOUNTING** **5 PEACOCK LANE** **CINDERFORD** **GLOS** **GL14 3ET** ## **HATCHELL WOOD PRE-SCHOOL** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31-Jul-23** |**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-23** |Fees/grants
Fundraising activities
Photos
Jumper sales
Snack donation
Wages & PAYE
Accounts/payroll services
Rent
Equipment & books
Stationery & general admin
Training costs
Uniform
Insurance
Subscriptions/professional fees
Sundries
Depreciation
**SURPLUS/(DEFICIENCY)**|**2023**|£
120940.90
42.91
130
0
0
121113.81
106080.44
**15033.37**|**2022**|| |---|---|---|---|---| ||£
88878.96
1575.00
9256.68
3024.36
976.06
295.40
61.46
859.12
90.00
899.88
163.52||£
81246.45
1550.00
8931.00
2907.15
3695.07
624.00
319.29
834.52
450.00
1434.89
218.03|£
115754.80
332.52
93.00
15.00
15.00| |||||116210.32
102210.40| |||||**13999.92**| Prepared by: MELLOR-WRIGHT ACCOUNTING 5 PEACOCK LANE CINDERFORD GLOS GL14 3ET -1- **HATCHELL WOOD PRE-SCHOOL** ## **BALANCE SHEET AS AT 31-Jul-23** |Note
**2023**
£
£
**FIXED ASSETS**
Tangible assets
1
490.54
**CURRENT ASSETS**
Wages account
19983.21
Cash at bank
124749.65
Reserve account
0.17
Cash in hand
273.57
**145006.60**
**CURRENT LIABILITIES**
Accrued expenses
200.00
**200.00**
**NET CURRENT ASSETS**
**144806.60**
**NET ASSETS**
**145297.14**
**FINANCED BY:**
CAPITAL ACCOUNT
2
**145297.14**
Prepared by:
MELLOR-WRIGHT ACCOUNTING
5 PEACOCK LANE
CINDERFORD
GLOS
GL14 3ET|**2022**|| |---|---|---| ||£
13623.34
115894.95
0.17
266.25
**129784.71**
175.00
**175.00**|£
654.06
**129609.71**| |||**130263.77**| |||| |||**130263.77**| |||| -2- **HATCHELL WOOD PRE-SCHOOL** ## **WORKINGS TO THE ACCOUNTS 31-Jul-23** |Note
1
Note
2|**TANGIBLE ASSETS**
**COST**
As at 31 July 2022
Additions
Disposals
**As at 31 July 2023**
**DEPRECIATION**
As at 31 July 2022
Charge for year
On disposals
**As at 31 July 2023**
**NET BOOK VALUE**
**As at 31 July 2023**
As at 31 July 2022
**CAPITAL ACCOUNT**
Balance b/f
SURPLUS/(DEFICIENCY)
Balance c/f|**FIXTURES/**
**FITTINGS**
**TOTAL**
£
654.09
654.09| |---|---|---| |||654.09
654.09| |||163.52
163.52| |||163.52
163.52| |||**490.57**
**490.57**| |||654.09
654.09| |||130263.77
15033.37
**145297.14**| -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 5 PEACOCK LANE CINDERFORD GLOS GL14 3ET** **-4-** CHARITY NUMBER: 1029726 **Hatchell Wood Pre-School** ## Annual General Meeting N/A ## ’ - Accountant s Report for the Period 01.08.22 31.07.23 ## Account balances The balances on the accounts were as follows: **Opening balance Closing balance (31.07.23) (01.08.22) Current account £115,894.95 £119,440.90 Reserve account £ 0.17 £0.17** ## Grant funding and fees Grant funding and fees received in the financial year amounted to £121,113.81. Overall an increase of 4.21% compared to last year. ## Fund-raising activities Fundraising raised a total of £172.91. £42.91 from Easy Fundraising UK and £130 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 was one new member of staff employed during the year and one leaver. Wages represented the highest single expenditure incurred by the pre-school amounting to £88,878.96. This figure included employee NIC, tax and pension contributions. This was an increase of 9.39% on last year’s wages. ## Other issues The income and expenditure account shows a surplus of £15,033.37 this year, compared to last year’s surplus of £13,999.92. 73.38% of total income received was spent on wages this year, compared to 69.91% the previous year. There was an increase of 3.65% in rent paid. The combined figure of £4,000.42 comprised of equipment/ books and stationery/ general administration. This represents 3.77% of total expenditure, compared to 6.46% 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 tenth 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%.