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2022-08-31-accounts

High Legh Pre-School Nursery (Charity no 1039999) Trustees Annual Report for the year ended 31 August 2022 Prepared by Treasurer Elizabeth Mason on 21/04/2023

The Pre-School made a net loss of £21,855 during the year from September 2021 to August 2022, which was a significant setback from the profit we had the developed the year before. The PreSchool tried to increase their income where possible by trying to fill more spaces within the nursery and do various fundraising events but there were substantial recruitment issues for permanent staffing and a maternity manager cover whereby costly agency had to be used to ensure the nursery was within ratios and could stay open. This is at a significant cost and a large proportion of the spend throughout September 2021 - August 2022 has been spent here. The nursery hopes to rectify this with the employment of staff on a lasting basis. We also had to undertake some maintenance on the nursery building and gardens which was expensive but necessary. We also found ourselves with a tax bill of £6000 which we had to pay over a period of 7 months in instalments to be able to afford to pay it back.

Please refer to the accompanied accounts which detail the various categories of income and expenditure during the year to 31[st] August 2022, which are recorded on a cash accounting basis and made up the result for the year.

Month September
2021
October
2021
November
2021
December
2021
January
2022
February
2022
March
2022
April
2022
May
2022
June
2022
July
2022
August
2022
Total
2021-2022
Year
Income Fees £14,643 £13,294 £9,465 £12,229 £10,528 £13,121 £13,743 £11,456 £20,892 £11,540 £14,662 £17,505 £163,078
Grant £0 £0 £16,230 £16,923 £0 £572 £12,573 £17,854 £357 £7,696 £6,243 £11,310 £89,758
Fundraising £65 £105 £126 £27 £5 £22 £208 £36 £0 £867 £534 £20 £2,015
Donations £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Misc £238 £652 £1 £14 £2 £14 £103 £341 £561 £244 £0 £12 £2,183
Outgoings Rent £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £1,400 £16,800
Wages £10,219 £12,021 £12,029 £13,718 £13,089 £12,959 £13,784 £15,447 £12,648 £12,390 £13,715 £12,985 £155,005
Meals £784 £869 £394 £825 £947 £782 £879 £374 £118 £414 £0 £0 £6,386
Supermarket £569 £363 £711 £448 £278 £342 £569 £398 £395 £405 £655 £456 £5,591
Utilities £310 £179 £224 £691 £205 £637 £415 £308 £504 £467 £373 £418 £4,729
Payroll Expenses £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £504
Pension £451 £599 £498 £391 £527 £346 £363 £312 £524 £438 £475 £563 £5,488
Maintenance £652 £333 £2,143 £2,595 £117 £369 £330 £370 £593 £445 £302 £123 £8,371
Milk £0 £103 £99 £177 £64 £74 £153 £0 £165 £168 £0 £108 £1,111
Child activities £0 £475 £140 £363 £295 £220 £335 £200 £315 £200 £160 £220 £2,923
Trips/visits £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Resources £388 £281 £569 £264 £499 £264 £474 £841 £677 £351 £279 £163 £5,048
Equipment £396 £121 £251 £240 £133 £257 £369 £270 £62 £519 £55 £141 £2,814
Tax/HMRC £1,168 £1,547 £2,568 £1,071 £0 £2,251 £2,316 £2,460 £3,398 £4,042 £909 £2,520 £24,248
Fundraising Exp £0 £0 £0 £0 £0 £0 £140 £885 £0 £50 £15 £0 £1,090
Training £136 £10 £0 £0 £0 £65 £32 £267 £0 £0 £0 £0 £510
Training exp £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Staff expenses £2,992 £2,283 £7,282 £3,174 £2,467 £721 £5,289 £1,043 £534 £1,414 £502 £258 £27,958
Marketing/advert £316 £163 £149 £64 £96 £0 £0 £0 £0 £0 £0 £0 £789
DBS £0 £0 £0 £0 £0 £0 £0 £52 £0 £0 £0 £0 £52
Uniform £90 £0 £0 £99 £0 £0 £0 £0 £0 £0 £0 £0 £189
Ofsted £0 £0 £0 £0 £0 £0 £0 £220 £0 £0 £0 £0 £220
Misc £0 £0 £50 £18 £0 £0 £0 £873 £36 £850 £5,501 £1,735 £9,063
Monthly Total Income £14,946 £14,051 £25,822 £29,192 £10,534 £13,730 £26,628 £29,687 £21,810 £20,348 £21,439 £28,847 £257,034
Outgoings £19,912 £20,790 £28,551 £25,579 £20,159 £20,728 £26,890 £25,761 £21,412 £23,594 £24,382 £21,130 £278,889
Net position -£4,967 -£6,739 -£2,729 £3,613 -£9,625 -£6,998 -£262 £3,926 £397 -£3,246 -£2,943 £7,717 -£21,855

Independent exarnlnerfs 5tatemenL' In connection with my examination, no matter has come to my attention". l. which gNes me reasonable ￿uSe to believe that in any material respect the requirements: • to keep accounti1￿ records in accordance with section 41 of the 1993 Act: and • to prepare attounts which accord with the accountin8 records and compty with the accounting requirements of the 1993 Art have not been met; or 2. to which, in my opinron, attention sknuld be drdwn in order to enable a proper understanding of the accounts to be reached. 28 February 2023 Name: Patricia Sharrock Address: l Dundonald Avenue Stockton Heath Cheshi WA4 6JT

Balance as at 1.9.21 29,771.83 Paidinthe year 278,889.18
Receivedinthe year 257,043.82 Balanceasat 31.8.22 7,926.47
286,815.65 286,815.65
HIGHLEGHPRE-SCHOOLNURSERY
BBINSTONLINECONTROLACCOUNTNUMBERED 29939768
Account opened 4.4.22 Paidinthe year 3,000.00
Receivedinthe year 7,686.00 Balanceasat31.8.22 4,686.18
Interest receivedinyear:-
9.5.22 0.01
9.6.22 0.01
11.7.22 0.02
9.8.22 0.14 0.18
7,686.18 7,686.18