Trustees Annual Report Year Ending 31[st] July 2023
The trustees of Little Acorns Preschool are pleased to report our annual report for the year ended 31[st] July 2023 together with our audited financial statement for the year.
Reference and administration details
Charity Name: Little Acorns Preschool Playgroup, Ingham Charity Registration Number : 1044210 Address of Charity: Ingham and Cammeringham Village Hall The Green Ingham LN1 2XT
Trustees: E Mayes (Chair) J Hylton (Secretary) J Cook (Treasurer) K Lane E Kilcourse R Mayes N Brown E Pringle Independent Examiner: M C Skayman, AAT Short Lane, Ingham, LN1 2YA
Objectives and Activities
Little acorns preschool playgroup is a committee organised playgroup which provides Ofsted registered childcare, education and play for pre-school age children and a breakfast and afterschool club for the local primary school.
Achievements and Performance
We have remained financially viable and able to continue to provide safe and excellent quality childcare, proven by our latest Ofsted report.
Financial Review
This year we made a profit of £17,872. Plans are in place on how we can use this money to benefit the children. There are no causes for concern and we do not feel there has been any fraudulent activity. We have further developed our policies to improve account records.
| Income | Income | Income | Income | Income | Income |
|---|---|---|---|---|---|
| Month | Total Received |
Grants | Fees | Donations | Fundraising |
| August | £9.48 | £0.00 | £0.00 | £0.00 | £0.00 |
| September | £3,605.42 | £3,323.42 | £282.00 | £0.00 | £0.00 |
| October | £8,177.85 | £3,617.09 | £2,838.50 | £132.00 | £1,590.26 |
| November | £8,319.78 | £4,801.73 | £2,765.28 | £22.52 | £730.25 |
| December | £3,139.79 | £2,360.29 | £532.00 | £0.00 | £247.50 |
| January | £8,185.14 | £5,485.92 | £2,649.22 | £50.00 | £0.00 |
| February | £6,017.61 | £3,877.11 | £1,175.00 | £323.50 | £642.00 |
| March | £8,726.17 | £5,817.52 | £2,690.50 | £55.00 | £78.00 |
| April | £3,749.55 | £3,570.05 | £147.50 | £0.00 | £32.00 |
| May | £6,685.80 | £4,503.55 | £2,134.25 | £0.00 | £48.00 |
| June | £9,850.79 | £6,621.62 | £787.50 | £0.00 | £2,441.67 |
| July | £8,811.87 | £5,068.62 | £3,400.75 | £100.00 | £128.00 |
| Total = | £75,279.25 | £49,046.92 | £19,402.50 | £683.02 | £5,937.68 |
| Income | Expenditure | Bank Balance | ||
|---|---|---|---|---|
| TOTAL | August | £9.48 | £3,709.91 | |
| September | £3,605.42 | £3,801.61 | Opening | |
| October | £8,177.85 | £7,818.35 | 01/08/2022 | |
| November | £8,319.78 | £5,679.88 | ||
| December | £3,139.79 | £3,934.37 | Closing | |
| January | £8,185.14 | £4,443.92 | ||
| February | £6,017.61 | £4,062.99 | 31/07/2023 | |
| March | £8,726.17 | £4,971.10 | ||
| April | £3,749.55 | £3,919.59 | ||
| May | £6,685.80 | £4,651.77 | Difference | |
| June | £9,850.79 | £4,522.62 | ||
| July | £8,811.87 | £5,890.89 | ||
| £75,279.25 | £57,407.00 | |||
| £17,872.25 |
| E | E | E | E | E | E | x | ||
|---|---|---|---|---|---|---|---|---|
| Toddlers | Misc | Total | Wages | Training | Rent | Insurance | Subs and Accrediation |
|
| £0.00 | £9.48 | £3,709.91 | £3,623.21 | |||||
| £0.00 | £0.00 | £3,801.61 | £3,708.11 | |||||
| £0.00 | £0.00 | £7,818.35 | £4,067.64 | £0.00 | £2,828.22 | £0.00 | £815.53 | |
| £0.00 | £0.00 | £5,679.88 | £4,421.00 | £0.00 | £0.00 | £0.00 | £992.17 | |
| £0.00 | £0.00 | £3,934.37 | £2,605.11 | £0.00 | £346.50 | £0.00 | £0.00 | |
| £0.00 | £0.00 | £4,443.92 | £3,962.52 | £0.00 | £0.00 | £0.00 | £0.00 | |
| £0.00 | £0.00 | £4,062.99 | £3,513.14 | £0.00 | £280.50 | £0.00 | £0.00 | |
| £85.15 | £0.00 | £4,971.10 | £4,588.90 | £0.00 | £297.00 | £0.00 | £0.00 | |
| £0.00 | £0.00 | £3,919.59 | £2,967.43 | £0.00 | £827.40 | £0.00 | £50.00 | |
| £0.00 | £0.00 | £4,651.77 | £3,919.89 | £0.00 | £297.00 | £0.00 | £83.00 | |
| £0.00 | £0.00 | £4,522.62 | £3,920.28 | £0.00 | £0.00 | £0.00 | £112.40 | |
| £114.50 | £0.00 | £5,890.89 | £4,030.60 | £0.00 | £1,291.80 | £0.00 | £0.00 | |
| £199.65 | £9.48 | £57,407.00 | £45,327.83 | £0.00 | £6,168.42 | £0.00 | £2,053.10 |
£13,210.75
£31,083.00
£17,872.25
£17,872.25
xpeniture
| Payroll & Accountancy |
Fundraising outlay |
Refreshmen ts |
Equipment | Activities | COVID Grant | Sundries |
|---|---|---|---|---|---|---|
| £43.20 | £43.50 | |||||
| £50.00 | £43.50 | |||||
| £43.20 | £20.26 | £0.00 | £43.50 | £0.00 | £0.00 | £0.00 |
| £0.00 | £138.59 | £0.00 | £128.12 | £0.00 | £0.00 | £0.00 |
| £68.20 | £0.00 | £0.00 | £43.50 | £471.06 | £0.00 | £400.00 |
| £437.90 | £0.00 | £0.00 | £43.50 | £0.00 | £0.00 | £0.00 |
| £50.00 | £0.00 | £0.00 | £219.35 | £0.00 | £0.00 | £0.00 |
| £25.00 | £0.00 | £0.00 | £60.20 | £0.00 | £0.00 | £0.00 |
| £25.00 | £0.00 | £0.00 | £49.76 | £0.00 | £0.00 | £0.00 |
| £25.00 | £196.12 | £0.00 | £79.76 | £51.00 | £0.00 | £0.00 |
| £25.00 | £260.19 | £0.00 | £204.75 | £0.00 | £0.00 | £0.00 |
| £25.00 | £190.00 | £0.00 | £49.76 | £250.00 | £0.00 | £53.73 |
| £817.50 | £805.16 | £0.00 | £1,009.20 | £772.06 | £0.00 | £453.73 |
Independent Examiners Report to the Trustees of Little Acorns Pre-school Playgroup, Ingham I report on the accounts of the Trust for the year ended 31 July 2023. Respective responsibilities of trustee and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audrt is not required for this year under section 144(21 of the Charities Ad 2011 and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 ofthe 2011 Act to follow the procedures laid down in the general directions given by the commission under section 145(51{b) of the 2011 Act to state whether particular matters have come to my attention Basis of the independent examiners report My examination was carried out in accordance wilh 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 aocounts presented with those records. It also includes consideration of any unusual items or disclosures in the account, seeking explanation form you as trustees concerning any such matters. The prOdureS 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 presenl a Irue and fair Vie and the report is limited to those matters set out in the next statement. Independent examiners statement In connection with my examination, no matter has come to my attention.. (11 which gives me reasonable cause to believe that in any material aspect the requirement.. to keep accounts'ng records in accordan with the 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 12) to which. in my opinion. attention should be dravm in order to enable a proper understanding of the accounts to be reached M C Skayman, AAT 5 Short Lane, Ingham. Lincoln, LN12YA 18 May 2024