## **OAKFARM PRESCHOOL INCOME AND EXPENDITURE ACCOUNT YEAR ENDING 31ST MARCH 2023** ## **INCOME** |Nursery grants/ fees
Interest
**EXPENDITURE**
Rent
Equipment
Food
Wages
NI and Tax
Training
Telephone
Computer and software
Ofsted
Uniforms
Accountancy
Insurance
Bank charges
Misc
**Surplus (Deficit) for Year**|**2022/23**
**2021/22**
99,406.52
94,987.61
119.28
2.57
**99,525.80**
**94,990.18**
10,297.56
10,312.56
6,114.07
7,439.65
5,095.26
3,446.26
80,733.58
67,468.48
6,799.39
5,422.11
332.12
1,161.99
1,387.85
967.61
441.08
303.03
50.00
85.70
814.68
272.79
960.00
888.00
509.69
495.27
72.00
96.00
1,048.63
2,000.14
**114,655.91**
**100,359.59**
**(15,130.11)**
**(5,369.41)**| |---|---| ## **OAKFARM PRESCHOOL BALANCE SHEET AS AT 31ST MARCH 2023** ## **CURRENT ASSETS** |Cash at bank
Deposit
Petty Cash
Stock of uniforms
**T LIABILITIES**
Accrued Expenses
HMRC
Rent
**LESS LIABILITIES**|**2022/23**
**2021/22**
20,383.05
31,452.11
10,096.94
14,010.26
1,537.41
1,537.41
156.75
156.75
**32,174.15**
**47,156.53**
960.00
600.00
1,541.25
2,211.65
1,316.26
858.13
**3,817.51**
**3,669.78**
**28,356.64**
**43,486.75**| |---|---| ## **CURRENT LIABILITIES** ## **ASSETS LESS LIABILITIES** ## **REPRESENTED BY** |Accumulated fund b/f
Surplus (deficit) for year|43,486.75
48,856.16
(15,130.11)
(5,369.41)
**28,356.64**
**43,486.75**| |---|---| I have examined these accounts, and the supporting documents, and no concerns were raised. Lee Preston FMAAT 22/01/2024 ## **OAKFARM PRESCHOOL BANK RECONCILIATION** |Balance at 01/04/22
Plus receipts
Less Payments
Balance at 31/3/23
Bank Statement balance at 31/3/23
Movement|31,452.11
108,559.92
119,628.98
20,383.05
20,383.05
(11,069.06)| |---|---| |**Reconciliation to income and expenditure account**|**Reconciliation to income and expenditure account**| |---|---| |Decrease in NI creditor|670.40| |Increase in rent creditor|(458.13)| |Increase accrued expenses|(360.00)| |Interest on deposit account|86.68| |Transfer from deposit account|(4,000.00)| ||(15,130.11)|