TRUSTEES ANNUAL REPORT YEAR ENDING 31ST AUGUST 2024 

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

Report of the trustees for the year ending 31[st] August 2024 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 have been serving the community of Tettenhall for 59 years. 

## PRESENT 

At the present time the Charity in the process of restructuring, partly because there is a need, previously reported, for more Trustees. 

The accounts presented here have been drawn up by the Secretary as acting Treasurer in the interests of speed.  The accounts have been examined by Mr MD Wood, who is a former Church Treasurer and a former Charity Treasurer but is also related to the Secretary. 

The work of the Charity however is not affected by these items and continues as normal. 

Any changes occurring as a result of actions relating to the above will be reported to and/or discussed with the Commission as necessary. 

## FUTURE 

Continuing to fundraise to pay for modifications to the Pre-School. We have purchased a summer house for the garden area. This will help to improve child learning and provide new experiences for the children. 

We are currently fundraising for new equipment and furniture for the Pre-School room. 

We continue to improve facilities for the children. 

We will continue to provide an educational environment through Terrific for Twos funding, Working Twos funding, NEF and 30hours funded places as well as fee paying places. 

We will continue to provide staff and apprentices with the current up to date training where needed. 

## FINANCES 

The financial statement shows an income of £147153.55 for the year, with a starting balance of £30869.04 

The principal source of income is via local authority funding which accounts for 78% of income with the remaining 22% coming from parent fees, fundraising and apprentice training payment. 

The main expenditure within the Pre-School is staff costs which account for 81% 

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

## TRUSTEES 

Mrs Rosemary Wellsbury 

Mrs Nicola Kynaston-Wood 

## CONTACT DETAILS 

St Michael’s Pre-School 

Parish Centre 

Upper Street 

Tettenhall 

Wolverhampton 

WV6 8QF                         Contact number – 07791 940235 



## **ST MICHAEL'S PRE-SCHOOL ACCOUNTS YEAR 2023 to 2024** 

|ACCOUNT 1|||
|---|---|---|
|**INCOME**FOR YEAR 2023 TO 2024|£||
|FEES||26897.25|
|REFUNDS||423.09|
|FUNDING W-TON COUNCIL||114681.11|
|TRANSFERS||3000|
|FUNDRAISING||1274.1|
|OUTINGS||378|
|TRAINING (APPRENTICE FEES)||500|
|TOTAL||147153.55|



|**BANK BALANCE**|||
|---|---|---|
|ACCOUNT 1|START|16562.22|
||END|24453.81|
||TOTAL|7891.59 GAIN|





|**TOTALS**||
|---|---|
|TOTAL IN|147153.55|
|TOTAL OUT|135761.96|
|NET TOTAL|11391.59 GAIN|



|**TOTALS**||||
|---|---|---|---|
|ACCOUNT|1|7891.59||
|ACCOUNT|2|3500||
|TOTALS||11391.59|GAIN|





|ACCOUNT 1||||
|---|---|---|---|
|**EXPENDITURE**FOR YEAR 2023 TO 2024|£|||
|TRANSFERS||3000||
|WAGES||99423.66||
|HMRC||9525.29||
|NEST  (PENSIONS)||1677.21||
|FUNDING||370.7||
|TRAINING||312||
|SUBSCRIPTIONS & FINANCE||13795.46||
|CLEANING & HYGIENE||519.46||
|EQUIPMENT & TOYS||2627.23||
|FOOD||1056.18||
|MAINTENANCE||1788.63||
|OUTINGS||602||
|STATIONARY||1034.14||
|REFUNDS||30||
|TOTAL||132761.96||
|**BANK BALANCE**||||
|ACCOUNT 2|START||14306.82|
||END||17806.82|
||TOTAL||3500 GAIN|





## ’ EXAMINER REPORT - FOR ST MICHAEL S PRE-SCHOOL ACCOUNTS 

## 2023/2024 

As stated in the Trustees Annual Report accounts have been prepared by the secretary whilst the Committee are trying to appoint a new treasurer. The accounts have been examined by Mr MD Wood as acting auditor and he is satisfied that the information supplied appears to be accurate. 

MD Wood