**Treasurer's Report** AGM held on Thursday 28/01/21
Our total income for the year was £53,636.06 which is a decrease of 3.5% on 2020. Our fees income accounted for 100% of our total income. This is due to no fundraising opportunities due to COVID-19 restrictions.
The amount received in fees was a 3% increase on the previous year.
At the beginning of the year, we were providing 301 hours which was a decrease of 2% (307 hours) on the previous September intake. By March this had increased to 317 hours which was down by 20% (62 hours) at the same point in the previous year, although we anticipated that this would have been more if we weren’t still restricted by COVID-19. (This had increased to 375 hours by July.)
Our expenditure for the year has increased by 10% on 2020 to £52,577.97. Staffing costs have increased by 7%, going from £39,969.42 in 2020 to £42,847.64.
Once again, the second biggest expense was premise costs. This increased from £2,255.87 in 2020 to £2,714.54. This was spent on replacing heater guards, repainting the external walls and decking, purchase of a new leaf blower, and general maintenance.
The overall result of the year is that we have recorded an excess of income over expenditure of £1,058.09. This is a decrease of 86% on last year, which given the reductions in opening hours, children attending, and unexpected closures due to COVID-19 was well anticipated.
As at 31[st] July 2021, our current account balance was £12,935.38. Our reserve account stood at £30,298.09.
Detailed breakdowns of income and expenditure are shown in the audited accounts. The accounts have been prepared by Georgina Berry (treasurer) and reviewed by Karen Sayers LTD.
Georgina Berry, 30 September 2021.
Charity Number 1040894
Broughton Gifford Pre-School
Unaudited Accounts
31 July 2021
**Broughton Gifford Pre-School Charity Number 1040894 Trustees' Report**
The trustees present their report and accounts for the year ended 31 July 2021.
## **Objectves and activities**
The principle activities are to enhance the education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups, by offering appropriate play, education and care facilities, and observing the aims and objectives of the Pre-School Learning Alliance.
## **Trustees**
The following persons served as trustees during the year:
M Richards C Svarcova T Taylor G Berry E Godsiffe
## **Achievement and Performance**
All trustees are unpaid volunteers.
The Pre-school operated at between 90-95% capacity during the year. Covid has had an impact on the school but it has continued to remain open and offer full services to the children.
## **Structure, governance and management**
The Pre-school is governed by a PLA constitution. The trustees are volunteers and represent the guardians of the children. The Pre-school maintains a close relationship with the local primary school.
## **Financial review.**
The pre-school aims to make a small surplus each year so that funds are available if needed for the maintenance of the building. Reserves are also maintained for the ongong running costs of the preschool.
The policies of the Pre-school are available at their premises.
This report was approved by the board on 26 April 2022 and signed on its behalf.
E Godsiffe Trustee
1
## **Independent Examiners' report to the trustees of Broughton Gifford Pre-School**
We report to the charity trustees on our examination of the accounts of the charity for the year ended 31 July 2021.
## **Responsibilites and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2001 ("the act").
We report on our examinatin of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out our examination, we have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners' statement**
We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination which give us cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act, or
- -the accounts do not accord with the accounting records.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Karen Sayers Limited Chartered Accountants 29 Silver Street Colerne Wilts SN14 8DY
25 May 2022
2
## **Broughton Gifford Pre-School Income and Expenditure account for the year ended 31 July 2021**
|**Income**
Administrative expenses
**Surplus**
Interest receivable
**Surplus**|**2021**
**£**
53,567
(53,430)
137
73
210
210|**2020**
**£**
55,557
(47,578)|
|---|---|---|
|||7,979
51|
|||8,030|
|||8,030|
3
|**Broughton Gifford Pre-School**
**Charity Number:**
**Balance Sheet**
**as at 31 July 2021**
**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
4
**Net current assets**
**Net assets**
**Capital and reserves**
Income and expenditure
**Total reserves**|1040894
**2021**
**£**
71,422
47,050
(227)
46,823
118,245
118,245
118,245|**2020**
**£**
72,196
45,989
(150)
45,839
118,035
118,035
118,035|**2020**
**£**
72,196
45,989
(150)
45,839
118,035
118,035
118,035|
|---|---|---|---|
|||||
||||118,035|
||||118,035|
||||118,035|
E Godsiffe Trustee Approved on 26 April 2022
4
## **Broughton Gifford Pre-School Detailed income and expenditure account for the year ended 31 July 2021**
_This schedule does not form part of the statutory accounts_
|**Income**
Fees
Funding
Fund raising
Donations
Furlough
**Administrative expenses**
Employee costs:
Wages and salaries
Pensions
Staff training and welfare
CRB Checks
Safety and first aid
Refreshments
Premises costs:
Rent
Waste
Utilities
Cleaning
General administrative expenses:
Telephone and internet
Stationery and printing
Information and publications
Subscriptions
Insurance
Equipment expensed
Website
Repairs and maintenance
Depreciation
Sundry expenses
Legal and professional costs:
Bookkeepping
Accountancy fees|**2021**
**£**
12,884
40,683
-
-
-
53,567
42,694
380
477
-
445
-
43,996
121
298
696
1,090
2,205
616
361
-
-
1,904
-
92
2,715
774
473
6,935
150
144
294
53,430|**2020**
**£**
10,353
41,179
392
66
3,567|
|---|---|---|
|||55,557|
|||39,969
-
38
145
-
156|
|||40,308|
|||-
190
696
1,242|
|||2,128|
|||753
100
84
288
1,580
60
88
128
1,032
429|
|||4,542|
|||600
-|
|||600|
||||
|||47,578|
5
## **Independent Examiners' report to the trustees of Broughton Gifford Pre-School**
We report to the charity trustees on our examination of the accounts of the charity for the year ended 31 July 2021.
## **Responsibilites and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2001 ("the act").
We report on our examinatin of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out our examination, we have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners' statement**
We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination which give us cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act, or
- -the accounts do not accord with the accounting records.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Karen Sayers Limited Chartered Accountants 29 Silver Street Colerne Wilts SN14 8DY
25 May 2022
2