Chelford Village Pre School
Treasurer’s Report year ended 31[st] December 2020
In 2020 Pre School made a profit of just short of £13.5K, we recouped the loss of just over £13.5k that was made in 2019.
The main areas of change in income and expenditure for the year are as follows:
## Income , overall increased by £14k on 2019
- Donations were up by just over £4k,notably two grants received which were applied for by the Manager
- Just over £12k was received under the Government furlough scheme when we had to close Pre School due to covid
## Expenditure, overall decreased by £13k on 2019
- Wages were the main reason for this decrease, after a tough 2019 we were able to keep a hold on wages, implementing a system to check staff numbers for each sessions and the management team keeping a monthly check on cashflow and wages.
All other areas of income and expenditure remained roughly the same.
The bank balances at the end of 2020 were: Current account £26,418 Reserve account £ 4,044
## **Chelford Village Pre school Income and Expenditure 2020**
|**INCOME**
Fees - payments
Fees - SureStart payments
Donations
Fundraising - Events
Fundraising - Photos / Book club
Fundraising - Other
Interest received
Job Retention Scheme Government Grant
Miscellaneous Income
**EXPENDITURE**
Rent
Wages & Tax
Toys & Equipment
Classroom equipment
Insurance, PLA Membership, OFSTED
Phone
Stationery& Copying
Advertising
Outings & Parties
Course Fees
Petty Cash
Sundry Expenses
**SURPLUS/(DEFICIT)**
Includes accrual for Autumn 2019 rent*|**2020**
**£**
**18,006**
**39,904**
**4,416**
**-**
**21**
**-**
**4**
**12,150**
**582**
**75,083**
**4,978**
**50,071**
**915**
**2,522**
**957**
**803**
**237**
**72**
**-**
**146**
**-**
**910**
**61,611**
**13,472**
-|2019
£
20,645
39,004
570
378
-
130
13
-
40
60,780
7,180
*
60,008
1,627
-
1,154
991
183
301
100
414
482
1,866
74,306
(13,526)
2,756.72|2018
£
24,907
34,201
500
-
15
-
6
-
-
59,629
6,887
49,406
684
-
818
765
85
206
-
3,002
1,100
1,458
64,411
(4,782)|2017
£
23,800
32,609
-
-
71
-
-
-
1|
|---|---|---|---|---|
|||||56,481|
|||||6,558
47,520
2,922
-
799
808
25
6
-
480
200
1,344|
|||||60,662|
||||||
|||||(4,180)|
||||||
Inde
ndent examinerfs re
ort to the trustees of Chelford Villa
e Prfrschool
I report to the trustee5 on my examination of the accounts of a)eOrd Village PrSchool (the Trust)
for the year ended 31 Dember 2020.
Responslbllities and basis of report
As the charity trustee5 of the Trust you are responsbi le for the preparation of the accoLEnts in
accordance with the requirements of the Charities Act 2011 ('the ACVI.
I report in respect of my examination of the Trusys accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by
the Charity Commission under section 14515}Ib) of the Act
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention In
connection with the examination gtving me cause to believe that in any material respect:
. 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.
This has clearly been another difficult year for the Pre-school as the Committee members have had
to contend with the issues raised by the Coronarvirus restrictions on the operation of the Pre-
School. I have no material concerns after discussions with the Treasurer and have come across no
other matters other than the ones stated below in connection with the examination to which
attention should be drawn in this report in orderto enable a proper understandirE of the accounts
to be reached.
The Accounts are prepared on a reiptS and payments basis apartfrom the following matters:
Income from the Surestart payments paid by Cheshire East Council to the Trust have been
adjusted so the payments induded in the Accounts relate onty to the year ended 31
Dember 2020.
Signed:
Name: C2thryn R¥Jddock
Relevant professional qualification or membership of professional bodies {if any): ACA, ATII
Address: 8*e Mill Farmhouse. Bate Mill Lane. Chelford, Macdesfield, Cheshire. SKII 98W
Date.- 2310912021