– Treasurers Annual Report April 2021 March 2022 for Metheringham Preschool.
Submitted at the AGM – September 2022
All I can say is WOW. Well done to everyone’s hard work and the fundraising which has gone on
Hopefully we have now seen the back of this pandemic and we can go back to welcoming parents and the children having a normal year and enjoying everything they used to and becoming more social as the ones currently attending were born just before or during the pandemic so have missed a lot of socialising
As you can see, we made a profit and a pretty good one as well. We have definitely turned a corner, but we still have to be very careful especially with the cost-of-living crisis now facing us.
Another cost that has appeared which was not there the previous year was a decision by the committee to introduce a uniform for staff and children. This is not compulsory but seems to be a hit with some parents
Wages have increased but within this year, but this was mainly due to the living wage increase which took affect in April 2021. Also, the aunties increased their hours due to the many children we had towards the end of the spring and summer term.
The bank account is running with a healthy credit balance and this year’s accounts show a credit balance of £26215. This has doubled from last year mainly due to the profit we made which was caused by many reasons such as fee increase both from government and fee-paying parents and Fundraising.
As I write this, we are halfway through another year which is looking positive and although it probably won’t be as bigger profit as last year as the rent has now increased by 25% but this was not a shock as hasn’t increased for at least 5 years.
I would also like to welcome Gemma to the preschool who has joined us a new Auntie to replace Auntie Sue who retired in July. We wish Sue a very happy retirement and Gemma a warm welcome.
I have enjoyed my time as treasurer at Metheringham Pre School and im truly happy to have support of some great aunties and committee members. Unfortunately, I probably won’t be as active this year due to having no children attending the setting anymore but I’m hoping all parents, aunties and committee members know that I’m only a phone call or email away.
Looking forward to another exciting year ahead which might be my last as treasurer
Signed by Helen Brown Treasurer, on behalf of the Metheringham Pre-School Trustees.
Metheringham Playgroup Charity Number 1034691
Financial Statements for the year ended 31st March 2022
Metheringham Playgroup
Income & Expenditure Account for the year ended 31st March 2022
| Income Gifts & Donations LCC Funding Donations Receipts from Trading Activities Play Group Fees Fund Raising Activities Other Income Uniforms Commissions T Shirt & Sweatshirts Photographs Total Income Expenditure Payments for Charitable Purposes Play Materials & Equipment PLA Membership Wages Rent Publicity & Fundraising Fundraising Expenses Management & Administration Stationery & Postage DBS Check Telephone & Internet Co-Op Domestic Expenses Inspection Fees Professional Subscriptions Training Photographer Uniforms Insurance Accountancy Gifts & Donations Misc Expenses (Deficit)/Surplus for the Year |
£ £ 65608 551 15985 2706 364 80 90 156 85540 2996 109 51363 11628 636 418 16 508 449 50 50 45 200 768 653 55 161 1627 71732 13808 2022 |
£ £ 47992 779 9322 185 58278 537 109 46467 10659 303 23 474 570 50 160 574 50 50 754 60780 -2502 2021 |
|---|---|---|
Page 2
Metheringham Playgroup
Balance Sheet as at 31st March 2022
| Current Assets Bank Current Account Bank Fundraising Account Cash Current Liabilities Accrued Expenses Represented by:- Capital Account Balance b/fwd (Deficit)/Surplus for the Year |
£ 26000 140 239 26379 164 |
£ 26215 26215 12407 13808 26215 |
£ 12368 140 58 12566 159 |
£ 12407 12407 14909 -2502 12407 |
|---|---|---|---|---|
Independent examiner's report on the accounts Section A Independent ExamineVs Report Report to the trustees1 mombers of METHERINGHAM PLAYGROUP On accounts for the year ended 31 MARCH 2022 Charity no lif any) 1034691 Set out on pages 2and3 Regpectlve The chartty's trustees are responsible for the preparation of the accounts. responsibilities of The charity's trustees consider that an audil is not required for this year trustO•8 and examin•r under section 144 of the Charities Ad 2011 {the Charities Act) and that an independent examination is needed. 11 is my responsibility to: examine the accounts under section 145 of the Charities Act, lo follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5llb) of Ihe Charities Act. and to state whether particular mattefs have come lo my attention. Basls of Independent My examination was carried out in accordance with general Directions given examiner's statement by the Charity Commission. An examination includes a review of the accounting records kepl by the charity and a Comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters The procedures undertaken do not provide all the eviden that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'twe and fair, view and the report is limited to those matters set out in the stalement below. Independent In connection with my examination, no matter has com8 to my attention examiner'8 Statement (other than that disclosed below'l 1 which gives me reasonable cause to believe that in, any matenal respect, the requirements.. to keep accounting records in accordance with section 130 of the Charrties Act., and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met., or 2. to which, in my opinion. attenlion should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the br8ckets if they do not apply. Signed: Date: 2310912022 Name: CRAIG THORNTON Relevant professional qualificationls) or body lif any): IER March 2012
Address: 14 WNTHORPE CLOSE LINCOLN LN6 3PQ Section B Disclosure Only complete if the examiner nee¢Js to highlight matenal problems. IER March 2012
Give here brief details of any items that the examiner wishes to disclose. IER March 2012