Finance Report
21-22
21-22 accounts have been finalised and awaiting to be independently examined. Once returned they will be submitted to Charity Commission no later than 30.06.23.
During 2021-2022 we made a profit of £4896. Using the profit from 20-21 & 22-23 we have been able to transfer into the redundancy provision £26.706.93 to bring the balance to the correct figure needed.
Income Variances:
-
More income via parental fees
-
More children attended holiday club
-
Less uniform sold
-
More income raised from fundraising
-
Less SEND Income
-
Less children receiving EYPP (Early Years Pupil Premium)
Expenses Variances:
-
Rent Increased April 2022
-
Higher staff wages, Tax, NI & Pension contributions, due to more staff and pay rises in April 2022
-
More spent on cleaning products
-
More resources needed to meet the needs of the setting
-
Photocopying costs increased
-
Less spent on uniform
-
More staff training
-
Spent fundraising money on new equipment and resources
Reserves Account
- The reserves account holds money to cover for redundancies purposes only. We aim to hold 3 months running costs in the Current account at all times.
Fees
Most fees are paid online banking.
At the end August 2022 we had £___ in outstanding fees.
We would like to thank all parents who pay fees on time, also to parents that continue to communicate with us either by phone or email regarding fees payments & queries.
| YEAR ENDING 31.08.22 | YEAR ENDING 31.08.22 | YEAR ENDING 31.08.22 | YEAR ENDING 31.08.22 | ||||
|---|---|---|---|---|---|---|---|
| CHARITY NUMBER 1042614 | |||||||
| INCOME | Unrestricted Funds |
Restricted Funds |
Total Funds | 20-21 | Variance | ||
| £ | £ | £ | |||||
| NURSERY EDUCATION FUNDING | £174,224 | £174,224 | £174,575 | -£351 | |||
| PARENT FEES | £59,284 | £59,284 | £27,627 | £31,657 | |||
| HOLIDAY CLUB | £5,103 | £5,103 | £2,129 | £2,974 | |||
| UNIFORM SALES | £224 | £224 | £427 | -£203 | |||
| FUNDRAISING | £1,490 | £1,490 | £954 | £536 | |||
| DONATION | £0 | £0 | £0 | ||||
| GRANTS | £0 | £0 | £0 | ||||
| OTHER | £2,659 | £2,659 | £30 | £2,629 | |||
| SEN Funding | £8,208 | £8,208 | £9,078 | -£870 | |||
| EYPP | £1,571 | £1,571 | £2,573 | -£1,002 | |||
| £252,762 | £0 | £252,762 | £217,391 | £35,371 | |||
| EXPENSES | |||||||
| RENT | £16,988 | £16,988 | £12,776 | -£4,212 | |||
| INTERNET | £684 | £684 | £653 | -£31 | |||
| PHONE BILL | £252 | £252 | £89 | -£163 | |||
| WAGES | £164,908 | £164,908 | £140,798 | -£24,110 | |||
| HMRC | £26,841 | £26,841 | £17,416 | -£9,425 | |||
| PENSIONS | £7,894 | £7,894 | £5,583 | -£2,311 | |||
| SNACK | £814 | £814 | £303 | -£511 | |||
| CLEANING | £884 | £884 | £20 | -£864 | |||
| GENERAL RESOURCES | £3,013 | £3,013 | £1,965 | -£1,048 | |||
| EYPP RESOURCES | £187 | £0 | |||||
| HOLIDAY CLUB RESOURCES | £977 | £0 | |||||
| STAFF CONSUMABLES | £205 | £205 | £332 | £127 | |||
| STATIONARY | £538 | £538 | £455 | -£83 | |||
| PHOTOCOPYING | £4,687 | £4,687 | £1,488 | -£3,199 | |||
| INSURANCE | £1,106 | £1,106 | £1,081 | -£24 | |||
| UNIFORM | £745 | £745 | £1,842 | £1,097 | |||
| SEN | £487 | £487 | £1,275 | £788 | |||
| SUBSCRIPTIONS | £1,781 | £1,781 | £1,864 | £83 | |||
| GENERAL EQUIPMENT | £4,037 | £4,037 | £4,099 | £61 | |||
| EYPP EQUIPMENT | £703 | £0 | |||||
| TRAINING | £2,114 | £2,114 | £247 | -£1,867 | |||
| FIRST AID | £132 | £132 | £136 | £4 | |||
| PPE | £392 | £392 | £519 | £127 | |||
| FUNDRAISING | £967 | £967 | £64 | -£903 | |||
| COMMITTEE EXPENSES | £84 | £84 | £304 | £219 | |||
| TEAM BUILDING | £868 | £868 | £708 | -£160 | |||
| POSTAGE | £31 | £31 | £106 | £76 | |||
| OTHER | £5,456 | £5,456 | £1,083 | -£4,372 | |||
| EYPP | £0 | £1,868 | £1,868 | ||||
| £247,776 | £0 | £247,776 | £197,075 | -£50,700 | |||
| PROFIT/ (LOSS) | £4,986 | £0 | £4,986 | £20,316 | -£15,330 |
cu J£J
rn iD O O Ln o r4 c¢ o w r to wm In ro ¢0 a (y oo f41 W 144 LH mOOOu)w ¥ Ln LV ri om too rq u) LDM zs (o romo T4 ID m Ln 41 OZ?0 ZLZ?cll90
z