## **Trustees’ Annual Report for the period** **From Period start date 1[st] August 2023 To Period end date 31[st] July 2024** ## **Charity name: Broome and Ditchingham Preschool** ## **Charity registration number: 1037364** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To provide preschool education and social
development for children aged 2-4.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19|The Preschool provides a term-time
preschool service for children aged 2 to 4
from Broome, Ditchingham and
surrounding villages. Places are available
with funding from Norfolk County Council or
through private fees.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit and are
confident that the preschool complies with
these requirements.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP|| |---|---|---| ||reference|| |||N/A| |Policy on grant making|Para 1.38|| |||| |---|---|---| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|The Preschool is overseen by volunteer
trustees.| |Other||N/A| |**Achievements and Performance**||| ||SORP
reference|| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|In September 2023, the Preschool had 23
children on role and rising to 28 in April 24.
We offered a maximum of 27 hours a week
per child.
In 2023 the Preschool continues to use the
Platinum Jubilee Annexe of Ditchingham
Village Hall – which means the children had
a dedicated space and could therefore
enjoy greater flexibility and longer hours.
Key achievements for the year included:
●
Contacted a variety of organisations
and people in our community who could
visit our setting to offer a wide variety of
experiences for the children, for
example, fire service, animal sanctuary,
dental health educator, local farmers| |●|Our staff team attended training| |---|---| ||‘Understanding Behaviour and Co-| ||regulation' and we spent a significant| ||amount of time developing our practice,| ||strategies and policies to ensure we| ||were all responding and supporting| ||children to co-regulate in a consistent| ||way that reflects current research| |●|Our staff team attended training on| ||‘Norfolk Graded Profile’ which| ||developed our knowledge on how to| ||support and respond to families who| ||are experience difficulties and may| ||need signposting to additional| ||resources| |●|Developed a ‘calm’ zone for children| ||who were struggling to regulate| ||emotions and were becoming| ||overwhelmed.| |●|Used additional services (Schools and| ||Community Team) to support us in| ||preparing children for school, through| ||some small group interventions,| ||focusing on language and speech| ||sounds| ||●We have worked on developing| ||confidence of early years| ||practitioners on our curriculum| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: **N/A** Achievements against objectives set Para 1.41 **N/A** Performance of fundraising activities against objectives set Para 1.41 **N/A** Investment performance against objectives Para 1.41 **N/A** Other ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the financial year, the charity
had income of £75,119 and expenditure of
£69,173. This led to an operational surplus
of £5,947, and the charity retained a
positive balance of£31,038including free
reserves. This was pleasing and provided
us with financial stability. The increased
income is a result of changes to funding
and increase in children attending and
hours we are open for.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Preschool aims to hold reserves
equivalent to a minimum of three months’
running costs (approximately £15,000).
This is to enable us to pay staff, bills and if
necessary, reimburse fees in the event of
unforeseen closure.
We also aim for our reserves to provide us
with a financial ‘buffer’ whereby we can
subsidise staff salaries / rent etc if numbers
of children are low.
We review our reserves levels and position
annually as part of our AGM.
At year end for 2023- 2024, reserves levels
were £15,000.This was equivalent to our
reserves target, and trustees agreed that
surplus income from the activities could be
designated to bolster this amount each
year further, due to increased monthly
expenditure on salaries of 10% and
increased rent.| |Amount of reserves held|Para 1.22|£15,000 August 24 in CAF| |Reasons for holding zero
reserves|Para 1.22|NA| |Details of fund materially in
deficit|Para 1.24|None| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None| **Additional information (optional)** You may choose to include further statements where relevant about: **N/A** The charity’s principal sources of funds (including any fundraising) Para 1.47 **N/A** Investment policy and objectives including any social investment policy adopted Para 1.46 **N/A** A description of the principal risks facing the charity Para 1.46 **N/A** Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated charitable association.| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are voted in each year at the
Preschool’s AGM for one year. Retiring
officers and committee members are
eligible for re-election.| ## **Additional information (optional)** You may choose to include further statements where relevant about: **N/A** Policies and procedures adopted for the induction and training of trustees Para 1.51 **N/A** The charity’s organisational structure and any wider network with which the charity works Para 1.51 **N/A** Relationship with any related parties Para 1.51 **N/A** Other ## **Reference and Administrative details** |Charity name|Broome and Ditchingham Preschool| |---|---| |Other name the charity uses|NA| |Registered charity number|1037364| |Charity’s principal address|Ditchingham Village Hall - Platinum Jubilee Annexe
Loddon Road
Ditchingham
BUNGAY
NR35 2QN| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Na**
**me**
**of**
**per**
**son**
**(or**
**bod**
**y)**
**enti**
**tled**
**to**
**app**
**oint**
**trus**
**tee**
**(if**
**any)**| |---|---|---|---|---| ||Tonya Fisher|Chair|October 2022|| ||Lauren Raven|Treasurer|September 2022|| ||Suzannah
Goodfellow|Secretary|March 2020|| ||Simone Heywood|Trustee|August 2022|| ||Laura Myatt|Trustee|January2020|| ||Ruth Dunning|Trustee|September 2022|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** **NA** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for**
**whole year**|| |---|---|---| |**NA**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets NA held in this capacity Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NA safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** ||**Type of adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**| |---|---|---|---| ||**A**||| ||||| ||||| ||||| ||**Name of chief executive or names of senior staff members (Optional**
**information)**||| ||||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **None** ## **Other optional information** ## **NA** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** Tonya Fisher **Signature(s)** Lauren Raven Tonya Fisher **Full name(s)** Lauren Raven **Position (eg** Treasurer Chair **Secretary, Chair, etc) Date** 22/01/2024 **Unaudited Financial Statements** Broome & Ditchingham Preschool For the year ended 31 July 2024 ## **Contents** - **3** Client Approval Statement - **4** Independent examiner’s report - **5** Statement of Financial Activities - **6** Balance Sheet - **7** Notes to the Financial Statements - **8** Detailed Profit and Loss 13 May 2025 Page 2 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Client Approval Statement** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** I approve the financial statements which comprises the Statement of Financial Activities, the Balance Sheet and the related notes. I acknowledge my responsibility for the financial information, including the appropriateness of the applicable financial reporting framework as set out in the notes, and for providing MRM accountants Ltd with all information and explanations necessary for their compilation. ## Lauren Raven .................................................. On Behalf of Broome & Ditchingham Preschool 13 May 2025 Page 3 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Independent examiner’s report** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** ## **Independent examiner’s report to the trustees of** Broome & Ditchingham Preschool I report on the charity trustees on my examination of the accounts for the year ended 31 July 2024 . ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the _Charities Act_ 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under s. 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s. 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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 ‘true and fair view which is not a matter considered as part of an independent examination. I have no concerns 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. Matthew Murray FCCA MRM Accountants Ltd 13 May 2025 Page 4 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Statement of Financial Activities** ## **Broome & Ditchingham Preschool** ## **For the year ended 31 July 2024** ||**UNRESTRICTED**|**RESTRICTED**|**TOTAL FUNDS**|**TOTAL FUNDS**| |---|---|---|---|---| ||**FUNDS**|**INCOME FUNDS**|**2024**|**2023**| |**Incoming resources**||||| |Donations and legacies|3,058|-|3,058|2,709| |Charitable activities|72,024|-|72,024|66,161| |Other|37|-|37|428| |**Total Incoming resources**|**75,119**|**-**|**75,119**|**69,298**| |**Resources expended**||||| |Charitable Activates|65,537|-|65,537|58,993| |Other|3,321|-|3,321|3,030| |**Total Resources expended**|**68,858**|**-**|**68,858**|**62,023**| |**Net movement in funds**|**6,261**|**-**|**6,261**|**7,275**| |**Total funds brought forward**|**6,261**|**-**|**6,261**|**7,275**| |**Total funds carried forward**|**12,523**|**-**|**12,523**|**14,551**| 13 May 2025 Page 5 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Balance Sheet** ## **Broome & Ditchingham Preschool** ## **As at 31 July 2024** |**Balance Sheet**
**Broome & Ditchingham Preschool**
**As at 31 July 2024**|||| |---|---|---|---| ||**NOTES**|**31 JUL 2024**|**31 JUL 2023**| |**Current assets**|||| |Debtors||5,703|-| |Cash at bank and in hand||25,954|26,073| |**Total current assets**||**31,657**|**26,073**| |**Creditors: amounts falling due withinone year**|||| |Other taxes and social security||304|199| |Other creditors||-|782| |**Total creditors: amounts falling due within one year**||**304**|**982**| |**Net current assets (liabilities)**||**31,353**|**25,092**| |**Total assets less current liabilities**||**31,353**|**25,092**| |**Net assets (liabilities)**||**31,353**|**25,092**| |**Funds of the Charity**|||| |Unrestricted funds||31,353|25,092| |**Total funds**||**31,353**|**25,092**| Signed by one or two trustees on behalf of all the trustees L Raven > _____________________ _____________________Name Lauren Raven > Date 14/5/2025 13 May 2025 Page 6 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Notes to the Financial Statements** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** ## **1. 1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); - and with Financial Reporting Standards for Smaller Enterprises (FRSSE); - • and with the Charities Act. ## **1. 2 Recognition of income** These are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources; - it is more likely than not that the trustees will receive the resources; - the monetary value can be measured with sufficient reliability. ## **1. 3 Grants and donations** Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. ||**2024**|**2023**| |---|---|---| |**2. Debtors**||| |Trade debtors|5,703|-| |**Total debtors**|**5,703**|**-**| ||**2024**|**2023**| |**3. Creditors**||| |Other taxes and social security|304|199| |Other creditors|-|31| |**Total creditors: amounts falling due within one year**|**304**|**231**| 13 May 2025 Page 7 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Detailed Profit and Loss** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** |**Detailed Profit and Loss**
**Broome & Ditchingham Preschool**
**For the year ended 31 July 2024**|**Detailed Profit and Loss**
**Broome & Ditchingham Preschool**
**For the year ended 31 July 2024**| |---|---| |**NOTES**
**2024**
**2023**|| |**Sales**|| |2Yr Working parent funding
15,925
17,800|| |3/4 Yr universal funding
44,649
37,200|| |EYPP Income
1,129
1,306|| |Fees
9,637
8,153|| |LEA Funding
-
150|| |Lottery Fundraising
560
516|| |Uniform Sales
125
435|| |**Total Sales**
**72,024**
**65,561**
**Cost of Sales**|| |Purchases
1,454
2,326|| |**Total Cost of Sales**
**1,454**
**2,326**|| |**Gross Profit**
**70,571**
**63,235**
**Other Income**|| |Fundraising & Donations
3,058
2,709|| |Grant income
-
600|| |Interest Income
37
128|| |Other Revenue
-
300|| |**Total Other Income**
**3,095**
**3,738**
**Expenses**|| ||**Establishment Expenses**| ||Equipment
1,306
764| ||Garden Supplies
-
241| ||Rent
7,769
6,477| ||Repairs & Maintenance
25
2| ||**Total Establishment Expenses**
**9,100**
**7,484**
**Staff Costs**| ||Pensions Costs
820
499| ||Salaries
54,029
48,488| ||Staff Training
75
135| ||**Total Staff Costs**
**54,923**
**49,122**
**Legal and Professional Fees**| ||Audit & Accountancy fees
786
630| ||Legal Expenses
263
375| ||Ofsted
50
50| ||**Total Legal and Professional Fees**
**1,099**
**1,055**| ## **Finance Charges** 13 May 2025 Page 8 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool Detailed Profit and Loss ||**NOTES**
**2024**
**2023**| |---|---| ||Bank Fees
60
60| ||**Total Finance Charges**
**60**
**60**
**General Administration**| ||Advertising & Marketing
242
215| ||Bad Debts
-
157| ||DBS checks
124
74| ||General Expenses
304
175| ||Health & Safety
329
179| ||Insurance
813
781| ||Postage & Stationery
6
299| ||Subscriptions
404
-| ||Sundry Expenses
-
56| ||Telephone & Internet
-
40| ||**Total General Administration**
**2,222**
**1,975**| ||**Total Expenses**
**67,404**
**59,697**| |**Operating Profit (Loss)**
**6,261**
**7,275**|| |**Profit (Loss) on Ordinary Activities before Taxation**
**6,261**
**7,275**|| |**Net Profit (Loss) for the Period**
**6,261**
**7,275**|| 13 May 2025 Page 9 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool **Unaudited Financial Statements** Broome & Ditchingham Preschool For the year ended 31 July 2024 ## **Contents** - **3** Client Approval Statement - **4** Independent examiner’s report - **5** Statement of Financial Activities - **6** Balance Sheet - **7** Notes to the Financial Statements - **8** Detailed Profit and Loss 13 May 2025 Page 2 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Client Approval Statement** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** I approve the financial statements which comprises the Statement of Financial Activities, the Balance Sheet and the related notes. I acknowledge my responsibility for the financial information, including the appropriateness of the applicable financial reporting framework as set out in the notes, and for providing MRM accountants Ltd with all information and explanations necessary for their compilation. ## Lauren Raven .................................................. On Behalf of Broome & Ditchingham Preschool 13 May 2025 Page 3 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Independent examiner’s report** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** ## **Independent examiner’s report to the trustees of** Broome & Ditchingham Preschool I report on the charity trustees on my examination of the accounts for the year ended 31 July 2024 . ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the _Charities Act_ 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under s. 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s. 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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 ‘true and fair view which is not a matter considered as part of an independent examination. I have no concerns 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. Matthew Murray FCCA MRM Accountants Ltd 13 May 2025 Page 4 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Statement of Financial Activities** ## **Broome & Ditchingham Preschool** ## **For the year ended 31 July 2024** ||**UNRESTRICTED**|**RESTRICTED**|**TOTAL FUNDS**|**TOTAL FUNDS**| |---|---|---|---|---| ||**FUNDS**|**INCOME FUNDS**|**2024**|**2023**| |**Incoming resources**||||| |Donations and legacies|3,058|-|3,058|2,709| |Charitable activities|72,024|-|72,024|66,161| |Other|37|-|37|428| |**Total Incoming resources**|**75,119**|**-**|**75,119**|**69,298**| |**Resources expended**||||| |Charitable Activates|65,537|-|65,537|58,993| |Other|3,321|-|3,321|3,030| |**Total Resources expended**|**68,858**|**-**|**68,858**|**62,023**| |**Net movement in funds**|**6,261**|**-**|**6,261**|**7,275**| |**Total funds brought forward**|**6,261**|**-**|**6,261**|**7,275**| |**Total funds carried forward**|**12,523**|**-**|**12,523**|**14,551**| 13 May 2025 Page 5 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Balance Sheet** ## **Broome & Ditchingham Preschool** ## **As at 31 July 2024** |**Balance Sheet**
**Broome & Ditchingham Preschool**
**As at 31 July 2024**|||| |---|---|---|---| ||**NOTES**|**31 JUL 2024**|**31 JUL 2023**| |**Current assets**|||| |Debtors||5,703|-| |Cash at bank and in hand||25,954|26,073| |**Total current assets**||**31,657**|**26,073**| |**Creditors: amounts falling due withinone year**|||| |Other taxes and social security||304|199| |Other creditors||-|782| |**Total creditors: amounts falling due within one year**||**304**|**982**| |**Net current assets (liabilities)**||**31,353**|**25,092**| |**Total assets less current liabilities**||**31,353**|**25,092**| |**Net assets (liabilities)**||**31,353**|**25,092**| |**Funds of the Charity**|||| |Unrestricted funds||31,353|25,092| |**Total funds**||**31,353**|**25,092**| Signed by one or two trustees on behalf of all the trustees L Raven > _____________________ _____________________Name Lauren Raven > Date 14/5/2025 13 May 2025 Page 6 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Notes to the Financial Statements** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** ## **1. 1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); - and with Financial Reporting Standards for Smaller Enterprises (FRSSE); - • and with the Charities Act. ## **1. 2 Recognition of income** These are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources; - it is more likely than not that the trustees will receive the resources; - the monetary value can be measured with sufficient reliability. ## **1. 3 Grants and donations** Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. ||**2024**|**2023**| |---|---|---| |**2. Debtors**||| |Trade debtors|5,703|-| |**Total debtors**|**5,703**|**-**| ||**2024**|**2023**| |**3. Creditors**||| |Other taxes and social security|304|199| |Other creditors|-|31| |**Total creditors: amounts falling due within one year**|**304**|**231**| 13 May 2025 Page 7 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool ## **Detailed Profit and Loss** ## **Broome & Ditchingham Preschool For the year ended 31 July 2024** |**Detailed Profit and Loss**
**Broome & Ditchingham Preschool**
**For the year ended 31 July 2024**|**Detailed Profit and Loss**
**Broome & Ditchingham Preschool**
**For the year ended 31 July 2024**| |---|---| |**NOTES**
**2024**
**2023**|| |**Sales**|| |2Yr Working parent funding
15,925
17,800|| |3/4 Yr universal funding
44,649
37,200|| |EYPP Income
1,129
1,306|| |Fees
9,637
8,153|| |LEA Funding
-
150|| |Lottery Fundraising
560
516|| |Uniform Sales
125
435|| |**Total Sales**
**72,024**
**65,561**
**Cost of Sales**|| |Purchases
1,454
2,326|| |**Total Cost of Sales**
**1,454**
**2,326**|| |**Gross Profit**
**70,571**
**63,235**
**Other Income**|| |Fundraising & Donations
3,058
2,709|| |Grant income
-
600|| |Interest Income
37
128|| |Other Revenue
-
300|| |**Total Other Income**
**3,095**
**3,738**
**Expenses**|| ||**Establishment Expenses**| ||Equipment
1,306
764| ||Garden Supplies
-
241| ||Rent
7,769
6,477| ||Repairs & Maintenance
25
2| ||**Total Establishment Expenses**
**9,100**
**7,484**
**Staff Costs**| ||Pensions Costs
820
499| ||Salaries
54,029
48,488| ||Staff Training
75
135| ||**Total Staff Costs**
**54,923**
**49,122**
**Legal and Professional Fees**| ||Audit & Accountancy fees
786
630| ||Legal Expenses
263
375| ||Ofsted
50
50| ||**Total Legal and Professional Fees**
**1,099**
**1,055**| ## **Finance Charges** 13 May 2025 Page 8 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool Detailed Profit and Loss ||**NOTES**
**2024**
**2023**| |---|---| ||Bank Fees
60
60| ||**Total Finance Charges**
**60**
**60**
**General Administration**| ||Advertising & Marketing
242
215| ||Bad Debts
-
157| ||DBS checks
124
74| ||General Expenses
304
175| ||Health & Safety
329
179| ||Insurance
813
781| ||Postage & Stationery
6
299| ||Subscriptions
404
-| ||Sundry Expenses
-
56| ||Telephone & Internet
-
40| ||**Total General Administration**
**2,222**
**1,975**| ||**Total Expenses**
**67,404**
**59,697**| |**Operating Profit (Loss)**
**6,261**
**7,275**|| |**Profit (Loss) on Ordinary Activities before Taxation**
**6,261**
**7,275**|| |**Net Profit (Loss) for the Period**
**6,261**
**7,275**|| 13 May 2025 Page 9 of 9 Unaudited Financial Statements Broome & Ditchingham Preschool