2023 Accounts
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Profit for the year is £1 .5K This is a lot lower than last year’s profit ( £15k) , as we had high numbers of funded children in attendance therefore the hourly costs are lower and generally numbers of children were lower.
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Total income amounts to 101k and expenditure £100k . Income is largely generated through fees from parents (£24k) and NCC funding (£74k). 85% of total expenditure relates to staff costs (£75k) and 9% relates to the building rent paid to St Peter’s Church £12.5k).
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Fees - Were almost identical to last years.
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Staf costs of £75,977 Are higher than last the increase is mainly due the living wage increase and staff doing additional hours and the hourly rate for staff increase from April.
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Rent and Refuse was £1.2k is slightly higher. Rent was increased in September and again in January.
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Insurance costs increased very slightly from £766 to £796 .
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Accountancy and payroll costs of £1096 are much higher than 2022 £1034.
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Licence costs of £470 are only slightly higher than 2022 mainly due to an increase to annual costs.
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Website & IT costs of £ 670 are a lot higher than 2022 £309 this is due to needing some ict equipment.
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Investment in play equipment has been high this year, as we have needed to replace a lot of equipment due to a leak in our storage shed. £3270 last year was £1317.
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Fundraising activities fundraising higher this year and we have generated £1446 which is positive amount as we have been limited what we could do the last 3 years.
2023 Accounts
-
Profit for the year is £1 .5K This is a lot lower than last year’s profit ( £15k) , as we had high numbers of funded children in attendance therefore the hourly costs are lower and generally numbers of children were lower.
-
Total income amounts to 101k and expenditure £100k . Income is largely generated through fees from parents (£24k) and NCC funding (£74k). 85% of total expenditure relates to staff costs (£75k) and 9% relates to the building rent paid to St Peter’s Church £12.5k).
-
Fees - Were almost identical to last years.
-
Staf costs of £75,977 Are higher than last the increase is mainly due the living wage increase and staff doing additional hours and the hourly rate for staff increase from April.
-
Rent and Refuse was £1.2k is slightly higher. Rent was increased in September and again in January.
-
Insurance costs increased very slightly from £766 to £796 .
-
Accountancy and payroll costs of £1096 are much higher than 2022 £1034.
-
Licence costs of £470 are only slightly higher than 2022 mainly due to an increase to annual costs.
-
Website & IT costs of £ 670 are a lot higher than 2022 £309 this is due to needing some ict equipment.
-
Investment in play equipment has been high this year, as we have needed to replace a lot of equipment due to a leak in our storage shed. £3270 last year was £1317.
-
Fundraising activities fundraising higher this year and we have generated £1446 which is positive amount as we have been limited what we could do the last 3 years.
CHARITY COMMISSION , FOR ENGIAND AND WALES Independent examiner's report on the accounts Se¢lion A Independent Examiner's Report Report to the trustsesl member5 01 The Hemitage Pre School On accounts for the year ended 3111212023 Charlty no (If any) 1034672 S•t out on pages I report to the trustees on my examination of the accounts of the above chanty {'Ihe Trust") lor the year ended 3111212023. Responslbllltles and basls of report As the charitys trustees. you are responsible for the preparation of the accounts in accordance wrth the requirements of the Charities Act 2011 (Ihe Ad"). I report in resped of my examination of the Trust's accounts carried OLrt under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Direth'ons given by the Chality Commission under secb'on 145(5)(b) of the Act. Independent l am qualified to undertake the examination by b*'ng a qualified member of examinerfs statement the ACCA.. I have completed my examirsation. I confim that no material matters have come to my attention in connection with the examination which gives me cause to 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 records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and faif view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 11-3-202 Name: Adam Girling Relevant professional qualrfication{s) or body (if any): ACCA IER Oct 2018
Addr•s8: Girlings & Co Chartered Certified Accountants 11 High Street, Ruddington. Nottinghamshire, NG11 6DT Section B Disclosure Only complete if the examiner needs to highlighl material matters of conom {see CC32. Independent examination of charty accounts.. directions arKI guidance for examiners). Give here brief detalls of any items that the examiner wishes to disclose. IER Oct 2018
r, CHARITY COMMISSION FOR ENGLAND ANO WAIES Receipts and payments accounts CC16a For th• period To Section A Receipts and payments Unr•stricwd fund• RestTlcted lund• Endowm•nt fund• Totsl fund¥ Lnt y••r Z4.U1 74,711 24521 74,714 75,7•9 sia1 JRS 512 101J4J 101.507 Sub totalfGmss hcome forAR) 101343 A2 A•1 and InTrt•tm•nt sal••. I• t•bl•l. ub tolal Total rnceipts 101,243 101,243 101.507 AJ Payments 7&977 76 75.971 78 .5 142 142 omer Suflc Réth aTr1 Reluye FuThJraigty Ewen9es c1 •Thl Leamir*J Reswrces 11775 11.096 200 1039 796 2,039 429 760 1,034 942 Cttik1iEn's Sna&s Unrfom Cts Lttrtes. Fees W2bSrte ard IT Costs 1.170 275 1,170 275 109 470 470 670 670 190 19Q 749 PW Eqw 3370 3.270 1,317 15 Sub total 100,221 100,221 A4 As••t •nd Inw••tsh•nt purcha•M. Iv• tsbl¢l Sub total 11KI.221 10D.221 88,484 Tot•1 paym•nlS
P4•e of rnc•lpts/(p•ynw¥ts) AJ TF¥n•l•rn b•tw••n fvnd• A6 Ca•h lund• F8t y••r •nd C•sh funds this year énd 1.022 15,0 17,117 81,209 •7.167 BI,209 71164 17,1 Seclion B Statement of assets and liabilities at the end of the period Unrgstrfjct•d fund¥ R•strfct•d Endovrfn•nt fvnds lund• C•thgori D•tl B1 Cash lurlds 27 250 rolal ¢•sh fvnds Unmtrlci•d R•8trlct•d Endty*rn•nt fundg lund• fvnd• Detsiis 83 Investment •ss•ts Details B4 A8S•t• rnt4ln•d for lh• ch•¥lty's own u D•tsils B5 Llablllll•s Da of S¥Jnatt F'.,° %ToO rLT