Treasurer's report for AGM 26th November 2025
Hi, I'm Kamila Cantor and I'm the Treasurer.
Everyone should have a copy of the profit and loss report covering the financial year 01st September 2024 to 31st August 2025. These accounts have not yet been reviewed.
I will arrange an independent Accountant to verify and submit our accounts to Charity Commissioner.
We try to operate on a break-even basis, and we had built up some extra reserves over the last few years. Currently we have £83,433 in reserve account and £36,869 in main account. In the last couple of years our income exceeded our expenses. Our monthly cash flow depends on the timing of the payments from London Borough Bromley and so which term they fall in. This year we made a profit of £23,498 compared to profit last year of £12,477. This is partially due to Employers Allowance and reimbursement of double PAYE charges from last year.
We need to ensure we have enough money in the bank account to count for 6 months wages (about £60,000) in case our funding is late.
Most of our funding comes from the Nursery Education Grant from Bromley LEA this year we received £142,381 compared to last year of £132,217 compared, which is £10,164 higher. We raised £4,809 from fees – this figure is lower to last year of £9,810 difference is £5,001. We need to bear in mind that this fluctuates as the fees highly depends on the ages of the children in playgroup.
As a non-profit making organisation, we try to reinvest any surplus funds after paying wages, training, rent and other essentials.
Our expenses were lower this year by £14,021 compared to last year, but due to Employers Allowance claim and a higher amount received from London Borough Bromley we still managed to make a profit of £23,498.
Last year we have increased our paid fees from £15 per session to £21.
Even with increased fees we still didn’t manage to reach the same level of sales received last year.
## **Royston Playgroup**
## **Profit and Loss Report**
_01 September, 2024 - 31 August, 2025_
|**Sales**|**Sales**||
|---|---|---|
|4000 - Sales - Products & Services
4,809.00|||
|4900 - Other income LB BROMLEY N Ed Grant
137,572.13|||
||**Total Sales**|**£142,381.13**|
|**Direct Expenses**|||
|5050 - Sub-Contractors|630.00||
||**Total Direct Expenses**|**£630.00**|
||**GROSS PROFIT / LOSS**|**£141,751.13**|
|**Overheads**|||
|7000 - Employee Wages and Salaries|104,572.96||
|7020 - Employers NI|-71.34||
|7030 - Employer's Pension|2,183.14||
|7100 - Rent|3,200.00||
|7501 - Paint / Paper/ Craft / Art|311.76||
|7520 - Office Stationery|1,617.35||
|7540 - Internet Charges|360.32||
|7550 - Computer & Software|39.60||
|7551 - It Services|59.99||
|7600 - Legal Fees / DBS Checks|39.00||
|7601 - ICO|47.00||
|7602 - Ofsted|50.00||
|7610 - Accountancy Fees|765.00||
|7630 - Business Insurance|987.24||
|7900 - Bank Charges and Interest|-514.28||
||||
14 May 2026 10:53
Page 1 of 2
|8200 - General Expenses / Toys
596.47||
|---|---|
|8201 - Gardening
700.37||
|8203 - Staff Party
361.65||
|8204 - PPL PRS Music Licence
159.38||
|8210 - Subscriptions
1,269.19||
|8230 - Training Costs
129.00||
|8240 - Refreshments / Snacks
1,389.79||
|**Total Overheads**|**£118,253.59**|
|**NET PROFIT / LOSS**|**£23,497.54**|
14 May 2026 10:53
Page 2 of 2
NDEPENDENT EXAMINERS REPORT
REPORT TO THE TRUSTEES OF- Royston Playgroup
ACCOUNT PERIOD- 01 September 2024 to 31 August 2025
REGISTERED CHARITY NUMBER- 1030644
I report to the Trustees of Royston Playgroup ('the trust.) on the examination of the accounts
for the year endSng 31 August 2025.
As the charity trustees of the Trust, you are responsible for the preparatlon of the accounts
in accordance with the requirement of the Charities Act 2011 ('The Act'l.
I report in respect of my examination of the Tru8t'8 accounts carried out under section 145 of
the 2011 Act and In carrylng out my examination, I have followed the appllcable Directlon8
given by the Charity Commission under section 145{5)(b) of the Act.
I have completed my examlnation. I confinn that no materfal matters have come to my
attention in connection wrth the examlnation which gives me cause to believe that In, any
material r88P8¢t:
accounting mcord8 not kept in accordance with Jection 130 of the Act or
the accounts do not accord wlth the accountlng records
I have no concems and have come across no other matters in connection viith the
examination to which attention should be drawn in order to enable a proper understandlng of
the aOunt8 to be reached.
Signed:
Date:
07 May 2028
Name..
Catherlne Loulse Parkes
Company:
CLP Bookkeeping & Accountancy
18 Maple Crescent
Trefechan
Merthyr Tydfil
Mid Glamorgan
CF48 2EH
18 Maple Crescent, Trefechan. Merthyr Tydfil. CF48 2EH
077S2 023720
catherineparke5bookkeeping@gmail.com
OBS
RVATIONS
Following the Independent Examination I have al80 noted the following observations. which
may be of use during your next AGMICommittee Meeting..
The diarity hold8 a constltution that ha8 dear objeGtive8 of the charity and its Use of
finances. However, the constitution do8s not detail the structure of the charity or any
$pe¢ific roles held e.g. Chalrperson, Treasurer.
There are regular committee meetings vthich are fully documented.
The exi8ting Treasurer18 a financial profe88ional, which will continue$ to be a
valuable as8et to the charity.
Income h88 remalned steady thi8 year vAth decrea8ed 8xpendtture. There ha8 been
an addttional profrt of £11,000 compared to the 2023124 period.
On 80me of th8 r8celpt8 clubcard and loyalty polnts have been collected. Th1818 not
recommended for future as no individual should be making a financial gain from the
charity (unles8 recoipted expenditure).
Tha charity has no trading accounts. r88tr1cted accounts or designated funds.
The charity is V11 run with engagement from the committee.
Overall, this is a very well run charlty that manage thelr Sncome well. The Increased profit
ensures that liabllitie8 can be met as they arls8.
Signed:
Date:
07 May 2028
18 Maple Crescent. Trefechan. Merthyr Tydfil. CF48 2EH
07752 023720
cather1neparkest0kkeepin9@gm3Il.cOM