2023-04-04-accounts - Thames Pre-School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Minutes

Agenda Item	Title	Presenter	Acton by Commitee member
1	Welcome to the Thames Pre School AGM	Secretary
2	To receive Apologies for Absence Apologies: - Naomi	Secretary
3	Approve minutes last AGM – Approved by all at meetng– copies available at the meetng	Secretary	All approved
4	No maters arisingfrom theprevious minutes	Secretary
5	Consttuton accepted	Secretary	All approved
6	Trustees report – • Skeleton staf and commitee last year • Commitee thank staf for all their hard work during the challenging year • Stafng: Rebecca our early years practtoner sadly lef at Christmas to go to Rutland. It took untl July to fnd another suitable candidate. Sarah is with us part- tme. • Fundraising events: Pumpkin craf, Easter crafs, Rafe the Easter egg, doughnut and ice pop sales, scarecrow trail and joining the Cricklade Jumble Trail. Heidi was partcularly key to this event, and we thank her for her dedicaton and support. • Events and Community visits: visitng Cricklade Bloomer, fre staton, Jubilee craf event, leisure centre sof play visits, Easter bonnet parade. Remembrance parade and made buntng for the Jubilee festvites, sports day and graduaton • Maintenance: new fence at the front and at the back; a parent and Sue built the stockade den in the back garden; roof and fabric of the pre-school maintained; new bike storage area laid and garden working partes; new kitchen fooring; huge clear out over the summer

	• Grants: paid for new picnic bench (on its way); salt bin storage for the back garden toys; • A big thank you to parents for supportng us through our Amazon Wish List
7	Treasurer’s Report  £4,500 proft (x12 increase on LY)  High maintenance bills but also much more fundraising completed  All funds in a good positon, contngency fund adequate, cashfow good and emergency fund good  Council funding not at the same increase rate as Minimum wage increase, however an increase in fees will help manage this and parentpaid fees havegone up	Gareth	Gareth
8	Acceptance of account - Approved by all at meetng	Secretary	All approved
9	Questons What do we project for next year?  At his point we don’t have a projecton to next year. We will need more staf to help some children needing special support Could we take more children?  We could take a few more children with more staf however queston if this is the right route considering children who need special support.	Gareth	Gareth
10	Resignaton of current commitee – Naomi, Chair standing down everyone else remaining	Secretary	Secretary
11	Nominaton and electon of new commitee Chair – Jon First, Sarah, Second, Philli Vice Chair – Philli First, Sarah, Second, Gareth Treasurer – Gareth First, Philli, Second, Sarah Secretary – George First, Sarah, Second, Philli Safeguarding Ellie First, Sarah, Second, Philli Amy First, Sarah, Second, Philli	Secretary	Secretary

	Hayley First, Jon, Second, Sarah Kristne First, Sarah, Second, Philli Amy First, Philli, Second, Sarah Lisa First, Jon, Second, Sarah Sarah First, Philli, Second, Jon Heidi First, Philli, Second, Jon Caroline First, Philli, Second, Jon
12	Next meetng – 7thNovember 7.30pm	Philli	Philli
13	Any other Business Fundraising – Disco tckets only 80 to be sold to avoid having too many people. Fundraising whatsapp set up Sarah and Hannah – Thames Staf Philli,Sarah S,Hayley,Amy,Lisa,Heidi	Philli	Philli
14	Commitee OnlyDiscussion – None	Commitee	Commitee

Please note the meeting may be recorded for the purpose of minute taking by the secretary and will only be accessed by the secretary. Once the minutes are agreed at the following meeting the audio record will be deleted.
Only committee members can vote on an agenda item, if you have a conflict of interest, please inform the secretary, and do not vote or take part in discussion on the item (The secretary may ask you to leave the meeting for that item and return once it has been proposed and seconded).
The last Item – Committee Only Discussion, will be for committee members only and we kindly ask other members of the meeting to leave.

Profit and Loss Thames Pre School For the period 1 April 2022 to 30 March 2023
	1 APR 2022-30 MAR
	2023
Turnover
Donations	374.48
Fundraising	4,768.93
Interest Income	118.44
Other Revenue	500.00
Parent Paid Fees	21,781.58
Uniform Sales	424.01
Vouchers Received WCC	100.00
WCC other Payments	91,890.22
Total Turnover	119,957.66
Cost of Sales
Uniform Purchases	394.39
Total Cost of Sales	394.39
Gross Profit	119,563.27
Administrative Costs
Advertising & Marketing	539.80
Audit & Accountancy fees	1,800.00
Bank Fees	194.82
Books	97.26
Cleaning	378.56
Equipment	1,294.01
Fund Raising Expenses	444.23
General Rates	136.00
Gross Wages	77,261.42
Indoor Consumables	841.17
Insurance	2,249.56
IT Software and Consumables	163.59
Light, Power, Heating	3,444.77
Outdoor Consumables	153.83
Pensions Costs	1,535.47
Postage, Freight & Courier	37.90
Printing & Stationery	518.42
Recruitment Costs	205.60
Repairs & Maintenance	5,804.12
Snacks	1,046.57
Staff Benefit	955.00
Staff Entertainment	23.55
Staff Training	591.08
Staff Uniform Costs	243.99
Subscriptions	532.29

Profit and Loss Thames Pre School

30 Apr 2024 Page 1 of 2

Profit and Loss

	1 APR 2022-30 MAR
	2023

Sundry Expense	582.37
Telephone & Internet	387.68
Water Rates	107.99
Total Administrative Costs	101,571.05
Operating Profit	17,992.22
Other Income
Income for hot lunches	260.37
Total Other Income	260.37
Profit on Ordinary Activities Before Taxation	18,252.59
Profit after Taxation	18,252.59

Profit and Loss Thames Pre School

30 Apr 2024 Page 2 of 2

Balance Sheet Thames Pre School As at 31 March 2023	Balance Sheet Thames Pre School As at 31 March 2023
31 MAR 2023
Current Assets
	Cash at bank and in hand
	BB Inst Online 44,099.97
	Business Account 37,883.29
	CAF Gold Account - 0828 323.83
	Fundraising Account 3,808.84
	Leaders Discretionary 800.49
	Lloyds Bus bank instant (5168) 14,892.82
	Petty Cash 602.62
	Total Cash at bank and in hand 102,411.86
	Accounts Receivable 691.22
Total Current Assets 103,103.08 Creditors: amounts falling due withinone year
Accounts Payable 126.67
Accruals 14,750.00
Lloyds BB instant online- 8268 38.80
NIC Payable 1,404.57
Rounding 1.50
Wages Payable - Payroll (1.28)
Total Creditors: amounts falling due within one year 16,320.26
Net Current Assets (Liabilities) 86,782.82
Total Assets less Current Liabilities 86,782.82
Net Assets 86,782.82 Capital and Reserves
Current Year Earnings 11,703.03
Funds 71,587.36
Retained Earnings 3,492.43
Total Capital and Reserves 86,782.82

30 Apr 2024 Page 1 of 1

Balance Sheet Thames Pre School