## **Kinlet Family Playgroup** ## ’ - Treasurer s Annual Report Nov 2022 Oct 2023 This report has been prepared by the current Treasurer Lisa Diane Straw and is an accurate summary of the last financial period for Kinlet Family Playgroup. ## **Current Account** The start of FY23 saw the Playgroup start with an opening current account balance of **£72,374.13** . The end of this financial period saw the Playgroup finish with a closing balance of **£31,451.81** , showing a loss of £40,922.32 (down from £5,893.26 in FY22) **.** Total Banked Income was **£76,465.56** (down from £79,150.99 in FY22) with the vast majority of this coming from fees, vouchers and NEF payments. This shows a small growth on last year’s figure with an increase of £2,685.43 (last year saw an £8,461.33 increase on the previous year). Total cleared Expenditure was **£117,387.88** primarily covering wages, HMRC, payroll fees and work completing the outside area (£27,652.54). Expenditure was significantly more than the previous year (£75,483.16) but Playgroup made a loss of £ **40,922.32** . ## **Fundraising/Donations** The Fundraising Accounts opening balance was **£4,465.13.** The total amount raised was higher than last year (£1,334.99 vs £1,045.24) but more was spent this year as well (£3,337.04 vs £292.16) to leave a closing balance of **£2,397.33** , a decrease of £2,067.80. ## **Saving Account** This has not received any payments or transfer apart from interest received of **£64.70.** This year money was transferred to the main account of £3,000 for the completion of the outside work. Closing balance was **£2,790.50.** ## **Summary** Both revenue, expenditure and profit have decreased, but during 2024 should improve as the outside work has now been completed. Total funds across all accounts finished the year at **£36,639.64** up from **£84.540.49** last year. In previous years the excess of cash was a concern for a non-profit making organisation but has settled due to the outside work. tn ¢rJ 0 4D oth - O U O ¢ 00 r4 C> o Q) * O O O Ibl ￿￿000¥ OVOOOUI othryo vt fn ry r4 rTr CD O Ln EO r4 m o) v En •* (n pl r¥ 000 •*mthoomr*owor O*ovw>or¥ooriLth￿vArn cn Lf) f¥ ¢X r4 i o o o vi rt) ro ¢W W vwoooo> r￿000 oooo ovw4to ryo rfj m o o*fti 0 0 Ub rY￿rnaM￿l CQ u> ty)mv LL LL LL LL > O LD ￿ co m Ln CO O rr 00 o f pl 0￿0 OP4 0 O tD 0￿0 0￿0 Ln Ln 000 ¢N v m In Lo00 ** o r¢ coffto 44 W omo 000 Ln w o LL LL > ￿ LL O wL)¢u_Z￿0O￿￿￿ e4 0 rtj m m¢0 ¢otho Ln m m 00 r4 W 44 (bl Examiner’s Report – Kinlet Family Playgroup November 2022 – October 2023 The accounts for Kinlet Family Playgroup are kept in good order; income and expenditure are both tracked and reconciled against bank statements to ensure accuracy. Staff and committee members are updated regularly to ensure full visibility of the current state of the playgroup’s finances. Lisa Diane Straw