Annual Report March 2023- March 2024
We have had a busy year within Pre-School and have been working collaboratively with District Specialist Centres in our region to support children with additional needs.
We have continued to improve our provision and at the end of the financial year put together a plan to fundraise for a new reading shed as the one we had in place had become unusable and leaky. We are hoping to raise enough to have shed with a door to enable us to have a cosy space which does not need to be emptied at the end of every day.
Financially we saw an increase in staff costs due to a number of reasons. Primarily due to the increase in minimum wage which in turn increases our tax burden and pension costs. We also had a member of staff on maternity necessitating the employment of cover whilst she was not in.
We continued to see the impact of Covid on children. Many of our children were born just prior to or during lockdown. This lead to us needing to use more interventions particularly around Speech and Language and Personal, Social and Emotional Development.
We look forward to working with agencies around us in the future to provide the best possible support to our children and parents.
Bowerhill Pre-School
Income and Expenditure Account Year Ending 31st March 2024
| INCOME | £ |
|---|---|
| Fees | £94,985.46 |
| Snack | 1119.51 |
| Fundraising | 100.00 |
| Parties/Trips | |
| Milk | 125.50 |
| T-shirts/Sweatshirts | 55.00 |
| Building Society Interest | |
| Misc | 945.00 |
| Holding Fees | 600.00 |
£97,930.47 NET SURPLUS for the year -£3,697.40
| EXPENDITURE Wages Pension Consortium/Gompels Rent/Utilities Milk Craft Subsistence Stationery PLA/OFSTED Party HMRC Resources Training Building Accountant Holding Fee Returned Misc |
£ 81909.33 5965.67 525.52 1688.31 122.85 4.30 1029.26 216.13 856.53 317.59 3163.63 2088.65 506.80 418.76 387.00 400.00 2027.54 101,627.87 £ |
|---|---|
Bowerhill Pre-school Balance Sheet Year ending 31st March 2024 2023 2023 Current Assets Cash float Bank account Building Society account 100.00 62,559.76 524.22 63,183. 100.00 58,862.36 524.22 59,486.58 Current Liabilities Net Assets 63,183.98 59,486.58 Represented by Accumulated funds Surplus/ldeficitl for the year 59,194.98 3,989.00 63,183.98 63,183.98 3,697.40 59,486.58 Note,. Transactions in the spring 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 information presented to me. 15 Jul 2ci2 Dawn Benison ACMA, GCMA