Quarndon Preschool Annual Report Year to July 2022
## QUARNDON PRESCHOOL QUARNDON
ANNUAL REPORT YEAR TO JULY 2022
**‘**
Quarndon Preschool Annual Report
Year to July 2022
Quarndon Preschool Annual Report Year to July 2022
## **REPORT OF THE TRUSTEES**
This report covers the 12-month period 1[st] August 2021 to 31 July 2022.
## **STAFFING**
The staffing level is now 9, with one staff member on maternity leave and one staff member on sick leave. The government furlough scheme continued until end September 2021. Dawn Mason-Windsor & Linda Swift continued as Preschool Manager & Deputy Manager. The staff have continued to show much dedication and commitment throughout the year.
## **FINANCES**
Direct fees from parents were £9.6k higher than the previous year.
The financial results for the year was a loss of £8,030.56. This is largely due to the significant inflationary pressures that the Preschool is facing and increased property costs.
## **FUNDRAISING**
There has been a return to efforts to increase fundraising revenues with the pandemic restrictions easing. Fundraising events raised a total of £3.5k, this included voluntary donations, sponsored events and both a Christmas and Summer Fayre.
## **PRESCHOOL EVENTS**
In the second half of the year, events such as a Christmas nativity were held for the benefit of both the Preschool children and parents.
## **RESERVES POLICY**
There has been no change to the reserves policy. This is currently set at £28,000 which is to allow for staff payments of a week and a half, plus a quarter charge for rent and an additional sum to allow for any outstanding invoices.
It is also considered desirable to have a sufficient balance in the current account to cover one months’ wages in case we were late receiving funding or fees. The average monthly wages during the period to 31[st] July 2022 was approx. £7.7k.
In the year 1[st] August 2021 to 31[st] July 2022 the total income was £111.8k and total expenditure was £119.8k.
At July 31[st] 2022 the net assets were £63,460.38, a decrease of £8,030.56 on the prior year.
## **COMMITTEE MEMBERS AS AT JULY 2022**
Amy Webber Chair
1
Quarndon Preschool Annual Report Year to July 2022
Maxine Kelly Secretary Leanne Gelderd Treasurer Jenni Norris Fundraising
2
**QUARNDON PRE-SCHOOL ACCOUNTS FOR THE YEAR ENDING 31 JULY 2022**
## **Independent Examiner’s Report to the**
## **Trustees of Quarndon Pre-School**
I report on the accounts of the Trust for the year ended 31 July 2022 as attached in the Statement of Financial Activities and Balance Sheet.
## **Respective responsibilities of the trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeing explanations from you as trustees concerning any such matters. 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 that matter set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
……………………………………………………………………..
## Name: Alan Butler
Relevant professional qualification or body: Fellow of the Association of Chartered Certified Accountants Address: 12 Darley Abbey Mills, Darley Abbey, Derby DE22 1DZ
## **Dated: 19 April 2023**
## **Quarndon Pre School Profit and Loss Report**
## _**01 August 2021 - 31 July 2022**_
|**Name**
**31/07/2022**
Preschool Fees
51,825.39
DCC Funded Fees
52,839.98
Fundraising Sales
3,526.60
Government Grants
Milk
Fundraising Costs
642.19
3,581.96
Supplies Activity
2,878.19
Supplies food
4,011.15
Supplies Stationery & cleaning
88.16
Staff Wages and Salaries
88,880.93
Auto Enrolloment Pension
1,372.46
HMRC employers national insurance
34.84
Staff Training
764.80
Marketing
4.60
Staff Uniform
1,121.97
Legal fees
-
Rent and rates
13,471.00
Office costs
541.78
Phone
971.35
Accountancy
2,702.40
Insurance
1,064.35
Bank charges and interest
40.00
Staff gifts
590.00
HMRC Interest
0.24
Professional fees
313.60
Website costs
222.59
Subscriptions
87.89
**Net Profit / (Loss)**
**- 8,030.56**|**31/07/2021**
**Debit**
**Credit**
42,229.18
51,773.97
2,452.60
283.00
14,274.79
972.72
2,186.80
289.92
79,119.45
1,111.80
934.80
95.78
501.08
170.00
5,615.00
216.93
924.91
2,475.60
1,044.76
25.00
40.00
405.00
102.59
40.68|
|---|---|
||**14,174.72**|
## **Quarndon Pre School Balance Sheet**
## _**As at 31 July 2022**_
|**Name**
**DEBTORS**
**31/07/2022**
**£**
**£**
Trade Debtors
4,598.57
Cash at Bank
42,742.34
Cash in hand
-
Co-op
21,653.62
Other debtors
-
**Total Current Assets**
**68,994.53**
**CREDITORS**
Creditor
3,306.00
Accruals
2,582.40
PAYE
- 655.67
Pensions
301.42
Net Wages
**Total Current Liabilities**
**5,534.15**
**Total Net Assets**
**63,460.38**
**EQUITY**
Net Profit/Loss
63,460.38
_Net Profit/Loss (prior years)_
71,490.94
_Net Profit/Loss (current year)_
- 8,030.56
**Total Equity**
**63,460.38**|**31/07/2021**
**£**
**£**
2,057.48
40,362.48
63.50
31,813.64
-|
|---|---|
||**74,297.10**|
||-
2,187.60
329.96
288.60|
||**2,806.16**|
|||
||**71,490.94**|
||71,490.94
57,316.22
14,174.72|
||**71,490.94**|
Signed By
## Dawn Mason-Windsor
Date Signed 2023-04-26 17:25:47 Email Quarndonpre-school@hotmail.co.uk Printed Name Dawn Mason-Windsor IP Address 90.204.143.35 Browser User Agent Mozilla/5.0 (iPhone; CPU iPhone OS 16_4_1 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/16.4 Mobile/15E148 Safari/604.1 Name of signatory Dawn Windsor
**QUARNDON PRE-SCHOOL ACCOUNTS FOR THE YEAR ENDING 31 JULY 2022**
## **Independent Examiner’s Report to the**
## **Trustees of Quarndon Pre-School**
I report on the accounts of the Trust for the year ended 31 July 2022 as attached in the Statement of Financial Activities and Balance Sheet.
## **Respective responsibilities of the trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeing explanations from you as trustees concerning any such matters. 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 that matter set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
……………………………………………………………………..
## Name: Alan Butler
Relevant professional qualification or body: Fellow of the Association of Chartered Certified Accountants Address: 12 Darley Abbey Mills, Darley Abbey, Derby DE22 1DZ
## **Dated: 19 April 2023**
## **Quarndon Pre School Profit and Loss Report**
## _**01 August 2021 - 31 July 2022**_
|**Name**
**31/07/2022**
Preschool Fees
51,825.39
DCC Funded Fees
52,839.98
Fundraising Sales
3,526.60
Government Grants
Milk
Fundraising Costs
642.19
3,581.96
Supplies Activity
2,878.19
Supplies food
4,011.15
Supplies Stationery & cleaning
88.16
Staff Wages and Salaries
88,880.93
Auto Enrolloment Pension
1,372.46
HMRC employers national insurance
34.84
Staff Training
764.80
Marketing
4.60
Staff Uniform
1,121.97
Legal fees
-
Rent and rates
13,471.00
Office costs
541.78
Phone
971.35
Accountancy
2,702.40
Insurance
1,064.35
Bank charges and interest
40.00
Staff gifts
590.00
HMRC Interest
0.24
Professional fees
313.60
Website costs
222.59
Subscriptions
87.89
**Net Profit / (Loss)**
**- 8,030.56**|**31/07/2021**
**Debit**
**Credit**
42,229.18
51,773.97
2,452.60
283.00
14,274.79
972.72
2,186.80
289.92
79,119.45
1,111.80
934.80
95.78
501.08
170.00
5,615.00
216.93
924.91
2,475.60
1,044.76
25.00
40.00
405.00
102.59
40.68|
|---|---|
||**14,174.72**|
## **Quarndon Pre School Balance Sheet**
## _**As at 31 July 2022**_
|**Name**
**DEBTORS**
**31/07/2022**
**£**
**£**
Trade Debtors
4,598.57
Cash at Bank
42,742.34
Cash in hand
-
Co-op
21,653.62
Other debtors
-
**Total Current Assets**
**68,994.53**
**CREDITORS**
Creditor
3,306.00
Accruals
2,582.40
PAYE
- 655.67
Pensions
301.42
Net Wages
**Total Current Liabilities**
**5,534.15**
**Total Net Assets**
**63,460.38**
**EQUITY**
Net Profit/Loss
63,460.38
_Net Profit/Loss (prior years)_
71,490.94
_Net Profit/Loss (current year)_
- 8,030.56
**Total Equity**
**63,460.38**|**31/07/2021**
**£**
**£**
2,057.48
40,362.48
63.50
31,813.64
-|
|---|---|
||**74,297.10**|
||-
2,187.60
329.96
288.60|
||**2,806.16**|
|||
||**71,490.94**|
||71,490.94
57,316.22
14,174.72|
||**71,490.94**|
Signed By
## Dawn Mason-Windsor
Date Signed 2023-04-26 17:25:47 Email Quarndonpre-school@hotmail.co.uk Printed Name Dawn Mason-Windsor IP Address 90.204.143.35 Browser User Agent Mozilla/5.0 (iPhone; CPU iPhone OS 16_4_1 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/16.4 Mobile/15E148 Safari/604.1 Name of signatory Dawn Windsor