TRUSTEES ANNUAL REPORT YEAR ENDING 31ST AUGUST 2021 

## ST MICHAEL’S PRE-SCHOOL CHARITY NO: 1043275 

Report of the trustees for the year ending 31[st] August 2021 and confirms that the organisation complies with the requirements of the Charity Act 2011, the Trust Deed and Charities SORP (FRIS102). 

## AIMS OF ST MICHAEL’S PRE-SCHOOL 

To provide a safe educational environment for children both girls and boys aged 2 to 5 years old. St Michael’s Pre-School has been serving the community of Tettenhall for over 50 years. 

## FUTURE 

The garden area has now been remodelled. This will help to improve child learning and the children’s safety and provide new experiences for the children. 

We will continue to provide a warm and enriching environment for children from all backgrounds and cultures. Provide an educational environment through TFT, NEF and 30hours funded places as well as fee paying places. 

## FINANCES 

The financial statement shows a net income of £116373 for the year, with a starting balance of £ 9418. 

The principal source of income is via local authority funding which accounts for 67% of income with the remaining 33% coming from parent fees, fundraising and some generous donations. 

The main expenditure within the Pre-School is staff costs which account for 77%  of income. 

As a charity parents, friends, committee members, trustees and staff members are all aware that funds will go to provide educational enriching activities for pupils. 

## TRUSTEES 

Mrs Rosemay Wellsbury 

Mrs Nicola Kynaston-Wood 

## CONTACT DETAILS 

St Michael’s Pre-School 

Parish Centre 

Upper Street 

Tettenhall 

Wolverhampton 

WV6 8QF 

Contact number – 07791 940235 

I certify that I have audited the above accounts and in my view it represents an accurate picture of the Pre-School’s financial affairs for the year stated. 

Malcolm D Wood 27.08.22 



|**INCOME FOR YEAR**|£|
|---|---|
|FEES VIA CASH|21064.10|
|FEES VIA VOUCHER SCHEMES|12323.19|
|FUNDING W-TON CITY COUNCIL|78068.50|
|HMRC SSP GRANT|160.67|
|REFUNDS|171.01|
|DONATIONS|100.00|
|FROM OTHER SOURCES eg DONATIONS|3141.00|
|FUNDRAISING|1345.30|
|**TOTAL INCOME**|**116373.77**|
|**BANK ACCOUNTS**|YEARSTART|
||£|
|A/C 20983768|6877.85|
|Main Account 23319|2540.12|
|**TOTAL**|9417.97|
|**NET PROFIT**||
|TOTAL INCOME|116373.77|
|TOTAL EXPENDITURE|101654.97|
|NET PROFIT|**14718.80**|
|DONATIONS|3241|
|FUNDRAISING|1345.3|





YEAREND NET £ £ 6769.95 -107.90 17366.82 14826.70 24136.77 14718.80 14718.80 

£1000 from Dulux £1251 from Twinkle Rhyme fundraising Balance mainly from Parents £57.20 Easter fundraising £16 to Book Trust Charity balance to Preschool ( mainly for Garden restructuring) 



## **EXPENDITURE FOR YEAR** 

|**STAFF**|||£|
|---|---|---|---|
|Wages|||83690.60|
|Tax|||4612.23|
|Pensions|||750.11|
|Copia|||480.00|
|Training|||360.00|
|**FIXED ASSETS**||||
|Rent|||4800.00|
|Insurances|||915.99|
|Maintenance|||443.99|
|Cleaning ]||||
|Hygiene  ]|||256.78|
|PPE         ]||||
|**TECHNOLOGY**||||
|Bband||]||
|Phones||]|770.80|
|Website||]||
|Amazon|Music     ]|||
|Sage Accounts|||408.00|
|Music Licence|||84.25|
|**ADMIN**||||
|Computer(s)||||
|Consumables|||353.36|
|Sundries|||532.04|
|Petty cash|||120.00|
|Refunds|||458.05|
|Audit||||
|ICO|||35.00|
|**PRESCHOOL**||||
|DBS checks|||156.00|
|OFSTED|||50.00|
|EYPP||||
|Equipment & Toys|||1183.95|
|Crafts|||207.73|
|Twinkle Tapestry|||121.20|
|Snacks|||510.49|
|Christmas|||306.12|
|Graduation|||32.28|
|Special Events|||16.00|
|**TOTAL**|||101654.97|






TRUSTEES ANNUAL REPORT YEAR ENDING 31ST AUGUST 2021 

## ST MICHAEL’S PRE-SCHOOL CHARITY NO: 1043275 

Report of the trustees for the year ending 31[st] August 2021 and confirms that the organisation complies with the requirements of the Charity Act 2011, the Trust Deed and Charities SORP (FRIS102). 

## AIMS OF ST MICHAEL’S PRE-SCHOOL 

To provide a safe educational environment for children both girls and boys aged 2 to 5 years old. St Michael’s Pre-School has been serving the community of Tettenhall for over 50 years. 

## FUTURE 

The garden area has now been remodelled. This will help to improve child learning and the children’s safety and provide new experiences for the children. 

We will continue to provide a warm and enriching environment for children from all backgrounds and cultures. Provide an educational environment through TFT, NEF and 30hours funded places as well as fee paying places. 

## FINANCES 

The financial statement shows a net income of £116373 for the year, with a starting balance of £ 9418. 

The principal source of income is via local authority funding which accounts for 67% of income with the remaining 33% coming from parent fees, fundraising and some generous donations. 

The main expenditure within the Pre-School is staff costs which account for 77%  of income. 

As a charity parents, friends, committee members, trustees and staff members are all aware that funds will go to provide educational enriching activities for pupils. 

## TRUSTEES 

Mrs Rosemay Wellsbury 

Mrs Nicola Kynaston-Wood 

## CONTACT DETAILS 

St Michael’s Pre-School 

Parish Centre 

Upper Street 

Tettenhall 

Wolverhampton 

WV6 8QF 

Contact number – 07791 940235 

I certify that I have audited the above accounts and in my view it represents an accurate picture of the Pre-School’s financial affairs for the year stated. 

Malcolm D Wood 27.08.22