## **Little Acorns Chairpersons report 2021/2022** 

With the 2021/2022 financial results in mind we proceeded with caution into the new academic year. 

With the condition of our building in mind we pursued several avenues, for possible grants to improve condition of the building. The one that was successful was with Cornwall Council and we received funding from central government via Cornwall Council for a new roof. 

Pupil numbers were good for September with a close eye being kept on the finances. Myself and the treasurer are receiving a monthly profit and loss statement which I find very useful. 

The staff are working very hard as always and morale is good. The manager Mrs Claire King started her maternity leave in July and will be on leave until summer of 2023. Mrs Lousia Harris and Ms Jodie Thomas  (both Assistant Managers) took over the day to day running of the Little Acorns with Mrs King available to answer any queries. 

To further economise we have changed our accountant and on advice from the Charities Commission we now have a simple profit and loss accounts compiled as opposed to the full audit that we have had, unnecessarily as it now turns out The result therefore at the end of this year is a small profit, which is much better than last year’s result. 

We are planning to increase our hourly fees as we seem to have fallen behind when compared with other local settings. Our fundraising committee is very active and we hope to follow on from the new roof by insulating and re-cladding the exterior of the building. This was recommended by Cornwall Council when they visited to look at the roof and is what they are doing with their buildings of a similar construction to extend their life. 

Frank Burbery Chairperson Little Acorns Preschool 



Penponds

## Management Report 

Little Acorns Pre-School For the period ended 31 August 2022 

Prepared on 17 May 2023 

For management use only 



## **Table of Contents** 

Financial Activities............................................................................................................................................3 Balance Sheet..................................................................................................................................................4 

2/4 



## **Financial Activities** 

September 2021 - August 2022 

|**Financial Activities**<br>September 2021 - August 2022||
|---|---|
||**Total**|
|INCOME||
|Charitable activites|1,829.25|
|Fees from parents|6,671.87|
|Funding CCC|66,411.10|
|Interest Received|3.83|
|Lunch time|1,003.50|
|Sports 4 Tots|1,603.00|
|**Total Income**|**77,522.55**|
|TOTAL|**77,522.55**|
|EXPENDITURES||
|Agency/Supply Staff|84.34|
|Bank charges|24.00|
|Cleaning|332.45|
|Employer pension contribution|1,010.28|
|Employers NIC|203.03|
|Energy|747.77|
|Gross wages|58,756.04|
|Hygiene|220.24|
|Insurances|1,607.18|
|Maintenance|1,612.43|
|non domestic rates|481.28|
|pest control|398.66|
|Phone Costs|1,021.93|
|Printing, Postage and Stationery|1,066.96|
|Professional Fees|2,389.40|
|Raising funds|365.13|
|Refuse|538.07|
|SMP|-325.80|
|Sports 4 Tots Costs|1,469.25|
|staff training and costs|852.14|
|Subscription|566.66|
|Sundry Supplies|2,332.69|
|Utilities|363.76|
|**Total Expenditures**|**76,117.89**|
|NET OPERATING INCOME|**1,404.66**|
|OTHER INCOME||
|Grants|452.03|
|**Total Other Income**|**452.03**|
|NET OTHER INCOME|**452.03**|
|NET INCOME/(EXPENDITURE)|**£1,856.69**|



3/4 

Little Acorns Pre-School 



## **Balance Sheet** 

As of August 31, 2022 

**Total** 

||**Total**|
|---|---|
|FIXED ASSET||
|**Total Fixed Asset**||
|CASH AT BANK AND IN HAND||
|Current Account|5,572.00|
|Refund|-1,132.84|
|Reserve Account|8,444.62|
|Savings Account|2,782.48|
|**Total Cash at bank and in hand**|**15,666.26**|
|DEBTORS||
|Debtors|378.87|
|**Total Debtors**|**378.87**|
|NET CURRENT ASSETS|**16,045.13**|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||
|**Trade Creditors**||
|Creditors|777.76|
|**Total Trade Creditors**|**777.76**|
|**Current Liabilities**||
|PAYE/ NIC|1,765.10|
|Pension control|1,002.90|
|**Total Current Liabilities**|**2,768.00**|
|**Total Creditors: amounts falling due within oneyear**|**3,545.76**|
|NET CURRENT ASSETS(LIABILITIES)|**12,499.37**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**12,499.37**|
|TOTAL NET ASSETS (LIABILITIES)|**£12,499.37**|
|CHARITY FUNDS||
|Opening balance|-78.62|
|Opening bank balances|10,721.30|
|Retained Earnings|0.00|
|Surplus/(Deficit)|1,856.69|
|**Total Charity funds**|**£12,499.37**|



4/4 

Little Acorns Pre-School 



CHARITY COMMISSION
FOR ENGLAND ANO WALE5
Independent examinerfs report
on the accounts
Section A
Indep.endEnt ExaminePs Report
Report tothe truste
nwnbers of
L IrrLE Acaqrus PLAYGROUP
On aGcourts forthe year
ended
31StAu&usr ao21
Charity no
(if any)
10198L6
Set out on pages
1/1
Respective The charitys trusiees are re5w1n￿ble for the preparation ofthe acctyjnts in
responsibilities of accordance wtth the chariti￿ ￿ 2011 (Ih8Acr).
trustees and examiner
The ch*?IVs t￿￿ee$ consider Ihat an audit is not required forthis year
under section 144 of the Act arKJ Ihat an indeperxlent examination is
needed. ￿he d)aritrfs grDSS incorre exceeded £250.000 and l am qualjfied
lo undertake the examination by being a quafrfied member of Inamed bodyll.
Delgte [ ] rfnotapplicab
It is my reSpOn￿billLytO.
examine the accounts urKler se￿￿ 145 ofthe Charities Act,
to follow the epplicabie Direckno￿ given by the Charity Commlssion
(under sectKsn 145{5Kbl of the ACL and
to stste whether partirajkr mattets have come to my attention.
Basis of independent My examination was carrled cxjt in a[￿ordanCe with general Directions 9IV8n
examlnerfs statement ty fhe Charity Commission. An examina￿n In￿deS a review of the
accountirvJ records kept by the charity and a u)mparison of the accounts
presented bmth those r8cJ)rds. It also includes rxJnsid8ration of any unusual
items or disdosures in the a¢¢ounts. and seekn9 explanations from the
trustees conceming any such maiters. The PrC¢edU￿ undertaken do not
provide all the evidence that would be required in an audit, and
ojnsequently no opinton is given as to whether the acLyJJnts present a Yrue
and fairf view and the report ￿ limited to those matters set out In the
statement below.
IER
May 2018

Independent In connertion with my examination. no mateiial matters have come to my
examinerfs statement atlention
Uwl in. any materk41 respecL:
wtrych gives me trausB to believe
the accounting records were not kept In accordanix with section 130
of tho Act: or
the ac￿urrtS rfKI not a¢%0￿1 with the accountlng records: or
IhE accounts dKI not cwiply with thé applicable reouirements
On￿rni￿ the ft)nn and content of acwunts set out tn thB Charities
(AcGJunts and Re￿rts) Regulations 2008 other than any requirement
that the 2cGounts give a Iru& and fairf view which 15 not a matter
considered as part of an independent examination.
I have Tko concems and have come a¢ross no other matters In ￿nnectIon
th the exarnination to whrch attenbon should be drawn in this report in
orderto enable a proper understanding ofthe accounts to be reached.
' Please delele the wonls in the bwkels Mlheydo not apply.
Signed:
Name:
Relevant professional
qualification{s) or body
(rf any):
FMAAT
Address:
S.ectiori-. B-.
Discfosure."
Only complete ifthe examiner needs to highlight matters of con￿rn (see CC32.
tr￿ependent examinatlon of c*wity acc4Jun￿. directions and guidance for
examiners).
IER
May 2018