- Stanwick Pre School Playgroup ## Treasurer’s Financial Report For The Year ending 31st August 2023 ## Purpose: The principle purpose of Stanwick Pre-School is to provide affordable, quality care to enhance the development and education of children under statutory school age. The pre-school is funded through government grants which is received for the free child places, fees income and fundraising activities. ## Review of the Year: - First full year of new management team. - Strong relationships with community, in particular Village Hall and Parish Council thanks to new Management. - Focus on fundraising and cost savings. - Grants for new storage. - Successful second year of annual farm trip . ## Income: - Total Income for the year was £ 123,614.77. - £89,817.66 coming from the Early Years Learning funding. - Fees charged to parents for sessions amounted to £26,387.22. - Implementation of provision of service charge to cover activities and snack £612.07. - Committee organised a Christmas tombola and treats, bake sale for fundraising, garage sale and easter sweet cones, raising a total of £1161.92. - Following last year the Pre school asked for £10 per child for farm trip, total of £590. - Donation of £4770 from Addington Pre school closure in September 2022. - Another two donations from the Stanwick Running Club of £200. ## Expenditure: - Our total expenditure for the year was £ 118,507.07 . - Staff wages amounting to £88,363.08. - Rent of the village hall £12,635.99. - £1445.53 on snack costs. - £974.88 on staff training, this includes all members of staff first aid training and online platform for update training. - £796 on the annual farm trip (not including additional staff member costs), parents paid towards this trip and money taken from fundraising pot for the difference. ## Overall surplus of £5107.70. Surplus will go towards top up of reserves for 2023/24. ## Statement of Accounts - Total cash balance on the 31[st] August 2023 was £26,813.28 - Reserves are necessary in order to cover any unforeseen emergencies. It is Stanwick PreSchool’s policy to maintain a level of reserves which is equal to at least 25% of the annual expenditure. For this year it means that the pre-school target amount of savings is £29,625.75. - Total of £509.47 in fundraising pot for 2023/24. - Annual Tax return from 2022/23 due August 2024. - The accounts will be going to be independently examined and signed off by a qualified accountant who has kindly given his services for free. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Stanwick Pre-school Playgroup On accounts for the year ended 31 August 2023 Charity no {if any) 1030868 Set out on pages One to Three I report to the trustees on my examination of the accounts of the above charily Ilhe Trust") for the year ended 31 August 2023. Responsibilitles and basls of roport As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act')- I report in respect of my examinatlon 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 examlner's statement I have tsjmpleted my examination. I confim that no material matters have come to my attenlion in connection with the examination which glves me cause lo 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 rècords,. or the accounts did not cornply with the applicable requirements conceming the fomi and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the aC￿UnIS to be reached. Signed: Darren Warren Date: 2410412024 Name: Darren Warren - Denton Tavara Limited Relevant professlonal qualificationls} or body (if any): FMAAT Address: 61a High Street South Rushden Northants. NN10 ORA Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts= directions and guidance for examinersl- Give here brief detsils of any items that the examiner wishes to disclose. R￿ipts & PasThents Surnmory 12 Months 12 Months | 31AW Ji/Wth)22 Gross Incomo Fund￿ Child Non-Fund& Chiw Fundraisiry Oonaticns Refund Admin Non-Fund&l ￿l￿ren- PSC Régistra￿￿ Fees Phone Bill Annual Schwl Trip Late Collectyon Fee 89.818 26.387 1.162 4.670 2L 65.557 27.524 1.193 352 102 53 612 10 Totsl Incomo 123.615 94.780 Expendltur• Wages Pension Rent Relreshments Toys & ¢Th￿mOb￿S Equipmeni Adrnin Stsff Unrform PayTdl Serwces Refund Training Mlscellaneous Inla￿ Revenue Earfy Yeats Allia Annual Sthwl Trip Bin Bags Unilo DBS Check¥ Tapestry Petly Cash Leavers Paty Expenses MiGrDsofl Christmas Gtfts PAT Tesling Markeliry Annual Fee Phone Bill Cash out Community Garden Annual Fee 88.363 1.769 12.636 67.927 1.551 10.144 631 4.250 2,565 578 1.338 45 662 3,496 3,468 975 185 3.867 828 440 350 197 192 102 42 18 10 Totsl ExpEnditurÈ 118.507 93,314 Surplusloddt of rec•lpts over payTnents 5,108 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Stanwick Pre-school Playgroup On accounts for the year ended 31 August 2023 Charity no {if any) 1030868 Set out on pages One to Three I report to the trustees on my examination of the accounts of the above charily Ilhe Trust") for the year ended 31 August 2023. Responsibilitles and basls of roport As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act')- I report in respect of my examinatlon 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 examlner's statement I have tsjmpleted my examination. I confim that no material matters have come to my attenlion in connection with the examination which glves me cause lo 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 rècords,. or the accounts did not cornply with the applicable requirements conceming the fomi and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the aC￿UnIS to be reached. Signed: Darren Warren Date: 2410412024 Name: Darren Warren - Denton Tavara Limited Relevant professlonal qualificationls} or body (if any): FMAAT Address: 61a High Street South Rushden Northants. NN10 ORA Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts= directions and guidance for examinersl- Give here brief detsils of any items that the examiner wishes to disclose. R￿ipts & PasThents Surnmory 12 Months 12 Months | 31AW Ji/Wth)22 Gross Incomo Fund￿ Child Non-Fund& Chiw Fundraisiry Oonaticns Refund Admin Non-Fund&l ￿l￿ren- PSC Régistra￿￿ Fees Phone Bill Annual Schwl Trip Late Collectyon Fee 89.818 26.387 1.162 4.670 2L 65.557 27.524 1.193 352 102 53 612 10 Totsl Incomo 123.615 94.780 Expendltur• Wages Pension Rent Relreshments Toys & ¢Th￿mOb￿S Equipmeni Adrnin Stsff Unrform PayTdl Serwces Refund Training Mlscellaneous Inla￿ Revenue Earfy Yeats Allia Annual Sthwl Trip Bin Bags Unilo DBS Check¥ Tapestry Petly Cash Leavers Paty Expenses MiGrDsofl Christmas Gtfts PAT Tesling Markeliry Annual Fee Phone Bill Cash out Community Garden Annual Fee 88.363 1.769 12.636 67.927 1.551 10.144 631 4.250 2,565 578 1.338 45 662 3,496 3,468 975 185 3.867 828 440 350 197 192 102 42 18 10 Totsl ExpEnditurÈ 118.507 93,314 Surplusloddt of rec•lpts over payTnents 5,108