Chair’s Report
I would first like to praise all members of staff with their hard work through the pandemic and dealing with new challenges they have faced. So a big thank you to all colleagues and management for dealing with the uncertainties over the last year.
We had to close Pre-School in March 2020 and were closed for the remaining summer months. We reopened in September 2020 with measures in place as per DfE guidelines. During the period in which we were closed staff worked with parents using our closed Facebook page. Singing, story telling and ideas for parents to use with their children. All parents were kept in contact with via phone calls from their child’s keyperson.
Covid closures had an impact on us financially. Luckily we did receive a percentage of our funding and were able to furlough some staff. The amount we were able to claim for furlough through the Job Retention scheme was limited to a small percentage relating to our private income in comparison to funding we receive. We have had increased costs due to the necessity of purchasing PPE and hand sanitisers added to the extra cleaning products to keep up with enhanced cleaning procedures.
On reopening the staff have had to work hard in ensuring that if a potential covid case comes up then all precautions are adhered to including deep cleaning Pre - School. Toys have to be regularly rotated and quarantined. We have been very lucky and haven't had any official covid cases meaning we have remained open for the rest of the financial year.
We have been able to keep things as normal as possible for the children who have adapted well to new procedures and settled well despite parents being unable to bring children for taster sessions or come in to help settle their children. Once again Pre-School has been fully booked and the financial year 2020-2021 is already looking busy.
Bowerhlll Pre-school Income and Expenditure Account Year Ending 5th April 2021 INCOME EXPENDITURE Fees Snack Fundraising Partiestrrips Milk T-shirtslSweatshirt8 Sport8 Co&h Misc Holding Fe £79,232.08 656.80 281.00 0.00 117.25 25.60 Wages Renv Utilibes Consortium Subsistence Weekty Craft Milk Stationery InsurancelPLAIOFSTED Partiesrrrip8 HMRC Pension Equlp TrainIj Building Sports Coach Misc Accountant Relumed Holding Fee 76772.52 2894.95 418.33 383.25 124.44 123.94 479.06 817.45 67.58 1374.44 5168.23 1069.78 375.02 849.74 210.00 812.04 418.00 550.00 £ 92,908.77 4117.16 850.00 £85,279.89 NET SURPLUS for the year -£7,628.88
Bowerhlll Pre-school Balance Sheet Year ending 31st March 2021 2020 2021 Current Assets Cash float Bank account Building Society account 100.00 53,014.46 459.61 53,574.07 100.00 45,385.58 459.61 45,945.19 Current Liabilities Net Assets 53.574.07 45,945.19 Represented by Accumulated funds Surpluslldeficitl for the year 45.816.92 7,757.15 53,574.07 53,574.07 7,628.88 45,945.19 Note: Transartions in the sprin8 term but after the nominal year end have been included in these accounts for completeness. Audited and found correct in accordance with the books, documents and informatlon presented to me. by 20 Dawn Lloyd ACMA, GCMA