I’m pleased to report that it has been a positive and productive year for our preschool.
Following our recent Ofsted inspection, we are delighted to share that the setting received a “Good” rating. This is a fantastic reflection of the hard work, dedication, and care shown by our sta� team, and we extend our thanks to everyone involved for their continued commitment to providing a high standard of early years education.
To support our team and recognise their excellent work, the committee agreed to a sta� pay rise, which has been in place since April. At the same time, to ensure the sustainability of the preschool and to cover rising operational costs, we also implemented a small increase in fees from April.
purchase of an air conditioning unit, which made a noticeable di�erence to the environment during the hot summer.
increased the number of two year old spaces. This resulted in an increase in children for the new financial year creating a higher income.
Finally, we are pleased to welcome a new member of sta� to our team, Roxanne, who has settled in well and is already making a positive contribution to the setting.
Overall, the preschool continues to thrive, and we look forward to another successful term ahead.
Hannah Burville
Chair, Bowerhill Preschool Committee
06/11/2025
:
Bowerhill Pre-School
Income and Expenditure Account Year Ending 31st March 2025
INCOME
Z
EXPENDITURE
e
| Fees | 92,802.83 |
|---|---|
| Snack | 2,021.84 |
| Fundraising | 1,315.00 |
| Parties/Trips | - |
| Milk | 98.25 |
| T-shirts/Sweatshirts | 16.20 |
| Building Society Interest | 53.03 |
| Misc | 13.60 |
| HoldingFees | 200.00 |
96,519.80
| Wages | 88,692.47 | |
|---|---|---|
| Pension | 6,447.93 | |
| Consortium/Gompels | 735.00 | |
| Rent/Utilities | 1,745.96 | |
| Milk | 102.60 | |
| Subsistence | 897.21 | |
| Stationery | 244.03 | |
| PLA/OFSTED | 895.80 | |
| Party | 341.04 | |
| HMRC | 1,004.24 | |
| Resources | 2,068.92 | |
| Training | 952.74 | |
| Building | 2,196.03 | |
| Accountant | 315.00 | |
| Holding Fee Returned | 400.00 | |
| Misc | 1,464.28 | |
| £ | 108,503.25 |
NET SURPLUS for the year
-
11,983.45
:
Bowerhill Pre-School
Balance Sheet
Year ending 31st March 2025
.
==> picture [385 x 209] intentionally omitted <==
----- Start of picture text -----
2024 2025
Current Assets £ £
Bank account 58,862.36 46,825.88
Building Society account 524.22 577.25
59,386.58 47,403.13
Current Liabilities - -
Net Assets 59,386.58 47,403.13
Represented by
Accumulated funds 63,083.98 59,386.58
Surplus/(deficit) forthe year - 3,697.40 - 11,983.45
59,386.58 47,403.13
----- End of picture text -----
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.
D faum (o(Ql25 Dawn Benison ACMA, GCMA