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2022-07-31-accounts

Chairs comments on the year 2022

Due to high levels of inflation and a significant increase in energy costs, 2022 continues to be a extremely challenging time for our setting. The cost-of-living crisis has been well reported as a national problem caused by the Covid Pandemic, Brexit and more recently the war in Ukraine which has driven up energy prices. Businesses are facing uncapped energy costs and unfortunately it has resulted in many choosing to, or being forced to close. As a committee we are closely monitoring the everchanging situation on this and are budgeting accordingly to ensure that we remain financially viable. Our committee regularly discusses other challenges that we face and solutions we need to put in place to overcome these. We are based in the beautiful coastal village of Robin Hoods Bay, which is a popular seaside destination, and as with other poplar seaside areas, this often means that houses are bought as second homes meaning local - residents are outpriced or house prices are pushed up, making them unaffordable. Unfortunately, this has meant that we have seen a reduction in local families within our village and its surrounding areas, which subsequently means fewer children are accessing the setting. To overcome this, we have changed our business model and now offer places to babies and have adjusted our staff ratios accordingly. We have also had a big push on our branding and exposure on social media to attract families from within the area as well as outside of the area from other commutable towns and villages. As a committee we have focussed on fundraising and grant applications to make sure our children have the facilities they need but also to support our setting to remain financially viable for our families and for our staff to enjoy. I would like to say a huge thank you to all committee members and staff for their commitment to the setting and for their hard work over the last year, particularly in a time where the cost-of-living crisis has affected everyone. To the committee members who volunteer your spare time, thank you. Or to staff members who work continuously and effortlessly to ensure the children are nurtured, inspired and incredibly well cared for, is a credit to you all. As we all know several committee members will be stepping down and we say a very sad farewell to Jess and Sophie. It is my intention to also leave the committee due to personal circumstances, but we have had lots of interest from other parents wishing to join the committee so I’m sure the setting will continue to be governed well and the children and our local community will continue to be at the heart of everything we do. Thank you. Jodie Chandler - Chair to Fylingdales Playgroup Committee

Thank you.

Jodie Chandler - Chair to Fylingdales Playgroup Committee

End of year accounts 2021-2022 FYUNGDALE8 PRE SCHOtX AGcount• forth• y•w •mded 31•t J￿Y 2022 51.43 24JVI.87 2.141 1J82.YJ 25 .875. -12M.2B 21M71.•1 7AM).32 •m.65 YO124DX