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2021-09-30-accounts

Cherry Tots Pre-School

Name of meeting: Cherry Tots Committee Meeting Name of meeting: Cherry Tots Committee Meeting Name of meeting: Cherry Tots Committee Meeting
Heading Note
Name of meeting AGM
Location Zoom Meeting
Date 01/07/2022
Time/Duration 7.30pm
Chairperson Mell Webster
Purpose of
meeting
AGM
Minutes taken by Carol Quincey
Attendees
Name Organisation
Carol Quincey Cherry Tots Manager / Nominated Person
Andrea Mellor Bookkeeper
Mell Webster Chairperson
Michelle Arnold Treasurer / Fundraiser
Michelle Toplis Secretary
Proposed New Chairperson
Apologies
Name Organisation

Cherry Tots Pre-School

Agenda Items
Item
No
Item Action When By
1 Welcome / Apologies / Introductions
Mell opened the meeting saying this zoom meeting would be
the last one and going forward we would arrange to meet
face to face.
Mell made apologies for Michelle Toplis (Secretary) she was
unable to attend due to a late appointment.
Carol offered to write up the minutes of the meeting
Carol ASAP
2 Election of Roles
All elected committee are staying in their current positions.
3 Bookkeepers Report
Balance on current account stands at £13,123.77
Balance on savings is £20,484.77
We received the accounts for 2022 – 2021 back from the
accountant in February and they showed a disappointing net
loss of £2,152 compared to a healthy profit the previous year
of £7,911.
The profit last year was due to the governments Covid Grant
of £10,000.
Expenses for this year have increased by £4,000 which is
mainly due to wage increases, extra utility bills and training
courses.
It is difficult to see how or where we could make any further
cuts as the staff remain frugal with their spending, so thank
you once again to all of them for that.
Now Covid restrictions are over we could maybe look at
some sort of fundraising event.
Having said that and looking at figures so far in 2022the
accounts are looking better and at present show an overall
profit so hopefully we can continue on this line.

Cherry Tots Pre-School

Agenda Items
4 Carol’s Report
23 children currently on the register 17 are funded.
No safeguarding issues at present.
Carol talked about Zoe nearly completing her Level 3
Apprenticeship and she should only have one more visit by
the assessor. I will email them to make a date for the visit.
That would make all the staff qualified to L3.
Carol reported that she will need to amend some of the new
policies in line with some new guidance. Once completed
she will get the committee to read and sign.
Carol talked about the new school year of 22-23 and at the
moment we have a healthy number of children wanting to
start, and most of them are asking for 30 hours.
CQ
CQ
CQ
ASAP
On-going
On-going
5 Fundraising / Other Issues:
Committee talked about fund raising for the setting but
realise in the present climate money is very tight for
everyone. When we come back for the new preschool year,
we will have another look at doing some fundraising with the
newer parents.
Next Meeting: - TBA for September 2022
Signed:M Webster(Electronic signature)
Date: 01/07/2022

ingard Accountancy Services 33 Lody Fronce5 Drive Morkel Rosen Lincolnshire, LN8 3JJ Tel- 01673 843510 E.r￿lI: colin.lingaTdQbkonno¢1.com CHERRY TOTS PLAY SCHOOL STATEMENT OFACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021

CHERRY TOTS PLAY SCHOOL PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2021 2021 2020 202 Fees ar¥J Vouc*￿5 Re￿iVed 2,179 FundrolslTrJ Income LCC Funding Grant R￿e1Ved 53,259 162 49.937 55,983 Bank Interost Re￿Ived 18 49,939 Lo8$ Exp•nMs :. Wages and Salafles Pension Contrilmrtlons Toys and Educatlonal Akts Rent Rates and Water L4IM and Heat Insur8ncè Fuel Telethon8 Hir8 of Equlpnent offi￿ Exwises Repolrs aThJ Rene•AIs A¢¢ount8ncy Subscriptlons Professional Fees Trainlng Protedlve ClothlNJ Cleanlng Depreclatlon 45.819 491 43.070 157 212 719 37 70 40 382 113 505 85 85 71 14 278 52.091 4152 7,911

CHERRY TOTS PLAY SCHOOL BALANCE SHEET AS AT 30 SEPTEMBER 2021 2021 2021 2020 2020 FIXED ASSETS CURRENT ASSETS Cash at Bank and in Ha￿1 27,112 27,112 29.309 CURRENT UABIUTIE8 credIto￿ and Acuuals 273 273 NET CURRENT ASSETS 28,839 28.987 26,839 28,991 Flnanced by :. CAPITAL ACCOUNT Balan¢8 broughl forwa Net Proflt for the Year 28,991 -2,152 21,080 7.911 28.839 28.991 R•port to Thlrd Partkn• We have prepared the for8goiNJ Profrt oThJ Loss Ac(xiunt for the year eThI￿$ 30 Swrterntw 20218Thl Balanco Sheel as al that date from the fthks. Voucthe￿. inforniation a￿1 explanotlons given to us. Writh￿rt carrylw out an audit. arKI In our opinlon the same are In ar£o￿ance therv**h. 16 F6bfugry 2022 LiThJard Acu)untancy Sgr￿ces Arxx)untants

ingard Accountancy Services 33 Lady Fronces Drive Market Rosen Lincolnshim, LN8 3JJ Tel: 01673 843510 E.mail: colin.lingard@biconnecl.com Our Ref .. CAL / C40 Date . 16 FebTuary 2022 Mrs A Kin8 Cherry Tots Play School 2 Newstead Avenue Cherry Willin8ham Lincoln LN3 4AG Dear Andre I have pleasure in enclosing the AC￿OIS for the year ended 30 September 2021. These Accounts show a Net Loss of £ 1152. wmpared to la# yeafs Net Profit of £ 7,911. The Net Profit is due to . If you require any further infornipdiion or explanations in respect of these Account4 please do not hesitate to contact me. Finally. l am takin8 the opportunity to enclose my Invoice for your attentiory and your paperwork is available for ￿lleCtIO￿ as soon as it is convenient for you. Your$ sincerely Colin Lingard For and on behalf of Lingard Aco)untancy Servi¢e5