|Sept 21 -Aug 22|||
|---|---|---|
|**TOTALS**||**IN**|
|Fundraising Activities||324|
|Charitable Activities||72213|
|HMRC||0|
||**=**|**72537**|
|||**OUT**|
|Salaries||-49129|
|Rent||-7253|
|General Administration||-6658|
|HMRC||0|
||**=**|**-63040**|
||**=**|**9496**|



|CHILD INCOME|13835|
|---|---|
|ECC-INCOME|58378|
|FUNDRAISING|324|
|HMRC|0|
|WAGES|49129|
|RENT|7253|
|HMRC|0|
|ADMIN|3785|
|GENERAL|2874|





|Sept 20 -Aug 21||||
|---|---|---|---|
|**TOTALS**||**IN**||
|Fundraising Activities||856|-532|
|Charitable Activities||58239|13973|
|HMRC||0|0|
||**=**|**59095**|13442|
|||**OUT**||
|Salaries||-44522|-4607|
|Rent||-7556|303|
|General Administration||-2889|-3769|
|HMRC||-846|846|
||**=**|**-55813**|-7228|
|=||**3282**|6214|






**----- Start of picture text -----**<br>
Est. of spend for 22/23<br>Wages increase in line with NMW + Increase for Dep+Mgr at same % rate<br>Assumed increase in levels of fundraising 1500<br>Assumed 5% Increase in ECC funding 75131<br>76631<br>Increase of NMW to 10.42 WEF 1ST April 2023 -53895<br>-7253<br>Estimate of genereal Expenses increase of 10%  -7324<br>Currently in credit with HMRC due to previous SMP 0<br>-68472<br>8160<br>**----- End of picture text -----**<br>


2515 



£      5.50 

1176 2919 -4766 0 -666 0 -5431 -1336 

13835 



## **Rainbows Pre School** 

## **Annual acounts for the year ended 31st August 2022 Statement of financial activities (including summary income and expen** 

||**£**|
|---|---|
|**INCOME**||
|Charitable activities|72,213|
|Fundraising activities|324|
|HMRC|0|
|**Total**|**72,537**|
|**EXPENDITURE**||
|Salaries|49,129|
|Rent|7,253|
|General administration|6,658|
|HMRC|0|
|**Total**|**63,040**|
|**NET INCOME/(EXPENDITURE)**|**9,496**|





Iditure account)


**----- Start of picture text -----**<br>
Preschool Income 2021/22<br>CHILD INCOME<br>ECC-INCOME<br>FUNDRAISING<br>HMRC<br>**----- End of picture text -----**<br>


WAGES RENT HMRC ADMIN GENERAL 


**----- Start of picture text -----**<br>
Preschool Expend<br>**----- End of picture text -----**<br>





Jiture 2021122

## **Review of current year ending August 2022** 

We have taken on more children this year and are up to full capacity, this has resulte income from ECC and Direct income from Parents. 

**Income** from parents totalled £14,000. At present outstanding debt is only £120 and plan in place to recover that. 

**Fundraising** last year included Christmas concert, tombola, easter hat parade and plusBags2school scheme which raised approx. £350 in total versus the previous yea important that we continue to improve on the level of fundraising, which would mea keep fees low for parents and have the luxury of purchasing important equipment an children. Ideas for future/Grants? 

**Wages** have increased versus pervious year due increase in minimum wage, inflatio requirement of staff required due have a high number of 2 years old in the setting re ratio of staff to children. 

**General expenses** have increased by 3,000 from the previous year, we were closed previous year so that helps to explain the increase in overall spend, plus increased r inflation. The treasurer and manager work closely to manage the spend and we need monitor this ensure we remain in a stable position. 

Overall, we made a healthy surplus of 9,500. 

This surplus is mainly used to ensure we have enough cash to be able to pay wages us function with a healthy reserve should we ever need to rely upon it. 



ed in increased 

d we have payment 

raffle sheet r of £900. It’s n we can continue to nd resources for the 

on, and extra esulting in higher 

d for majority of the running costs due to d to continually 

and rent and helps