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2023-08-31-accounts

High Legh Pre-School Nursery (Charity no 1039999) Trustees Annual Report for the year ended 31 August 2023.

The Pre-School made a net profit during the year from September 2022 to August 2023. The PreSchool increased their income by reducing the amount of costly agency which helped increase the bank account tremendously. As documented in previous years, the recruitment of permanent staff has been a real issue and agency had to be used to avoid closure, but this year a positive change in the reduction of agency has occurred for the better, as shown in the bank balance.

One major change for this year is that a separate bank account was open for fundraising and one for renewals. This means that we don’t mix daily spends with efforts of fundraising for certain areas of the nursery. For the renewals, this was a standing order each month as most of our renewals occur in March so this would help with cashflow. In addition to this, to parallel with the increase of spends and overall external costs increasing, we had to increase our fees to ensure we remained in the black and had positive cash flow.

Please refer to the accompanied accounts which detail the various categories of income and expenditure during the year to 31[st ] August 2023, which are recorded on a cash accounting basis and made up the result for the year.

Main Accounts for HLPS Nursery 22-23

Month September
2022
October
2022
November
2022
December
2022
January
2023
February
2023
March
2023
April
2023
May
2023
June
2023
July
2023
August
2023
TOTALS
Year
Income Fees £14,651 £17,443 £13,162 £14,437 £22,563 £13,311 £20,980 £13,731 £23,666 £15,142 £19,246 £12,349 £200,681
Cheshire East Funding £0 £0 £6,068 £13,134 £0 £0 £5,737 £17,238 £0 £7,499 £0 £15,974 £65,651
Grant £0 £0 £1,611 £500 £0 £0 £0 £0 £0 £0 £0 £0 £2,111
Fundraising £0 £0 £0 £599 £0 £20 £0 £0 £278 £737 £0 £26 £1,660
Donations £0 £150 £0 £0 £0 £0 £0 £0 £0 £38 £0 £0 £188
Interest £0 £0 £0 £0 £0 £0 £3 £0 £0 £0 £0 £0 £4
Supermarket £5 £27 £17 £12 £23 £9 £9 £38 £196 £14 £1 £24 £375
HLPS FR Account £0 £3,800 £0 £0 £0 £0 £1,934 £0 £0 £0 £0 £0 £5,734
HLPS Renewals Account £0 £0 £0 £0 £170 £0 £0 £238 £0 £337 £0 £0 £746
Milk £0 £0 £0 £0 £77 £0 £0 £0 £359 £0 £0 £297 £734
HMRC £0 £0 £0 £0 £0 £1,994 £0 £4,840 £0 £0 £0 £0 £6,835
Misc £0 £720 £0 £197 £0 £0 £0 £0 £250 £424 £0 £0 £1,591
Outgoings Rent £1,400 £1,400 £1,400 £2,721 £1,400 £1,400 £1,400 £1,400 £1,600 £1,500 £1,500 £1,500 £18,621
Wages £12,966 £13,015 £12,531 £13,535 £12,959 £15,849 £16,127 £16,117 £14,332 £13,654 £14,809 £15,469 £171,362
Meals £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Supermarket £332 £502 £596 £343 £739 £534 £703 £538 £739 £631 £625 £535 £6,817
Utilities £357 £396 £768 £1,401 £207 £734 £267 £363 £505 £992 £410 £823 £7,223
Payroll Expenses £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £42 £504
Pension £490 £463 £467 £609 £610 £570 £721 £730 £699 £679 £707 £703 £7,450
Maintainence £2,103 £175 £181 £333 £696 £120 £121 £480 £309 £728 £393 £50 £5,688
Milk £47 £0 £109 £86 £90 £91 £196 £0 £216 £0 £142 £196 £1,173
Child activities £140 £370 £435 £270 £0 £415 £0 £200 £0 £200 £670 £0 £2,700
Trips/visits £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Resources £159 £147 £0 £149 £386 £707 £559 £108 £616 £294 £466 £168 £3,759
Equipment £30 £32 £264 £29 £87 £113 £699 £4 £0 £40 £90 £0 £1,388
Tax/HMRC £1,850 £2,972 £332 £4,267 £2,566 £2,221 £3,129 £2,890 £1,747 £1,592 £1,597 £1,713 £26,876
Fundraisingexp £0 £0 £0 £80 £0 £0 £0 £0 £0 £0 £0 £0 £80
Training £150 £0 £0 £0 £0 £0 £85 £0 £0 £0 £85 £0 £320
Trainingexp £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £23 £0 £23
Agency £0 £0 £0 £0 £115 £0 £117 £0 £0 £164 £124 £0 £520
Staff expenses £50 £31 £81 £31 £294 £0 £0 £0 £0 £180 £0 £0 £667
Marketing/advert £0 £0 £0 £0 £0 £110 £0 £198 £0 £0 £0 £0 £308
DBS £0 £0 £0 £153 £0 £0 £0 £0 £0 £0 £0 £0 £153
Uniform £0 £0 £0 £0 £0 £0 £337 £0 £0 £0 £0 £0 £337
Ofsted £0 £0 £0 £0 £0 £0 £0 £260 £0 £0 £0 £0 £260
HLPS FundraisingAccount £20 £3,550 £360 £1,305 £410 £0 £0 £400 £298 £925 £0 £26 £7,294
HLPS YearlyRenewals £150 £150 £150 £150 £150 £150 £150 £150 £150 £283 £150 £150 £1,933
Misc £0 £0 £0 £0 £0 £0 £542 £0 £0 £439 £0 £1,000 £1,981
Monthly
total
Income £14,656 £22,140 £20,858 £28,879 £22,834 £15,334 £28,663 £36,085 £24,749 £24,191 £19,248 £28,671 £286,309
Outgoings £20,286 £23,244 £17,718 £25,505 £20,749 £23,055 £25,196 £23,880 £21,253 £22,344 £21,835 £22,375 £267,439
Netposition -£5,630 -£1,104 £3,141 £3,374 £2,085 -£7,721 £3,468 £12,206 £3,496 £1,848 -£2,587 £6,296 £18,870

Fundraising Account for HLPS Nursery 22-23

Month September
2022
October
2022
November
2022
December
2022
January
2023
February
2023
March
2023
April
2023
May
2023
June
2023
July
2023
August
2023
TOTALS
Year
Income EasyFR £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £38.07 £0.00 £0.00 £0.00 £38
Magic Little Grant £0.00 £0.00 £0.00 £500.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £500
Christmas £0.00 £0.00 £0.00 £805.21 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £805
Easter £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £260.00 £0.00 £0.00 £0.00 £260
Interest £0.20 £0.20 £0.41 £1.13 £2.53 £3.32 £2.92 £3.29 £3.18 £3.76 £4.28 £5.06 £30
CharityLevy (per term) £0.00 £0.00 £360.00 £0.00 £410.00 £0.00 £0.00 £400.00 £0.00 £0.00 £0.00 £0.00 £1,170
Donation £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £150.00 £0.00 £0.00 £150
HLPS Renewals Account £0.00 £3,550.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £3,550
SundayTeas £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £737.08 £0.00 £0.00 £737
CharityBox £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £38.00 £0.00 £0.00 £38
Misc £19.82 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £20
Outgoings HLPS Main Account -
Fundraising exp and
purchases
£29.69 £3,800.00 £0.00 £0.00 £0.00 £0.00 £1,312.30 £0.00 £0.00 £0.00 £0.00 £0.00 £5,142
Monthly
total
Income £20.02 £3,550.20 £360.41 £1,306.34 £412.53 £3.32 £2.92 £403.29 £301.25 £928.84 £4.28 £5.06 £7,298.46
Outgoings £29.69 £3,800.00 £0.00 £0.00 £0.00 £0.00 £1,312.30 £0.00 £0.00 £0.00 £0.00 £0.00 £5,141.99
Netposition -£9.67 -£249.80 £360.41 £1,306.34 £412.53 £3.32 -£1,309.38 £403.29 £301.25 £928.84 £4.28 £5.06 £2,156.47

Renewal Accounts for HLPS Nursery 22-23

Month September October November December January February March April May June July August TOTALS
Year 2022 2022 2022 2022 2023 2023 2023 2023 2023 2023 2023 2023
Incoming Interest £0.00 £0.01 £0.03 £0.10 £0.23 £0.28 £0.33 £0.34 £0.09 £0.19 £0.27 £0.30 £2.17
HLPS MonthlyRenewals £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £150.00 £1,800.00
Misc £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £132.54 £0.00 £1,000.00 £1,132.54
Outgoings HLPS Main Account £0.00 £0.00 £0.00 £0.00 £170.40 £0.00 £621.73 £238.00 £0.00 £337.26 £0.00 £0.00 £1,367.39
Monthly
Total
Income £150.00 £150.01 £150.03 £150.10 £150.23 £150.28 £150.33 £150.34 £150.09 £282.73 £150.27 £1,150.30 £2,934.71
Outgoings £0.00 £0.00 £0.00 £0.00 £170.40 £0.00 £621.73 £238.00 £0.00 £337.26 £0.00 £0.00 £1,367.39
Netposition £150.00 £150.01 £150.03 £150.10 -£20.17 £150.28 -£471.40 -£87.66 £150.09 -£54.53 £150.27 £1,150.30 £1,567.32

Independent Examiner's Report

to the trustees of High Legh Pre-school Nursery (Charity no 1039999)

on the accounts for year ending 31 August 2023

I report on the accounts of the Trust for the year ended 31 August 2023, which are set out as submi=ed.

Respec&ve responsibili&es of trustees and examiner:

The charity's trustees and in par@cular, the treasurer Elizabeth Mason are responsible for the prepara@on of the accounts. The charity's trustees consider that an audit is not required for this year under sec@on 43(2) of the Chari@es Act 1993 (the 1993 Act) and that an independent examina@on is needed.

It is my responsibility to:

Basis of independent examiner's report:

My examina@on was carried out in accordance with the general direc@ons given by the Charity Commission.

An examina@on includes a review of the accoun@ng records kept by the Charity and a comparison of the accounts presented with those records.

It also includes considera@on of any unusual items or disclosures in the accounts and seeking explana@ons from you as trustees concerning any such ma=ers.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those ma=ers set out in the statement below.

Independent examiner's statement:

In connec@on with my examina@on, no ma=er has come to my a=en@on:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accoun@ng records in accordance with sec@on 41 of the 1993 Act; and

  3. to prepare accounts which accord with the accoun@ng records and comply with the

  4. accoun@ng requirements of the 1993 Act have not been met; or

  5. to which, in my opinion, a=en@on should be drawn in order to enable a proper understanding of the accounts to be reached.

Date 29/02/24