Buxton Village Hall, Mill Street, Norwich, NR10 5JE 01603 279468 finance@buxtonpreschool.co.uk Registered Charity Number: 1044583 Ofsted Number: 253986
Treasurers Report.
Following a tough 2022/2023 academic year for the preschool, 2023/24 proved to be a healthier year thanks to increased numbers of children in the setting, as well as two successful grant applications for the preschool. Sonja has managed to carefully balance staffing as well as the use of other income such as EYPP and SENIF to ensure both those particular children, as well as the setting as a whole have been able to receive extra resources needed, without using too much of the money purposefully built up in the bank account.
I joined the preschool in May 2024, and have been working with Sonja to create a budgeting tool to help us manage the finances, not only to stay sustainable, but to ensure Sonja knows the exact amounts we have available to provide extra resources and experiences for the children across the year. We have managed to introduce new areas where we would like to focus a small section of funding, when possible, including promoting staff wellbeing.
Looking to the year ahead… we have had a bit of a bumpy start to September with children dropping out of their agreed sessions or from the preschool altogether mostly due to the children not being quite ready for preschool, or not having eligible funding codes for the term too. The funding the current children bring in unfortunately only just covers the staff costs, with contingency funds being used to fund other areas of the business, such as venue hire. This has meant the need for flexible and uncertain staffing, which we have been very lucky to negotiate with current staff. However, January looks much more positive with the majority of these children hopefully returning, with some new children joining the setting too. Fundraising will be very important for us again throughout this year to help us to provide new and exciting opportunities for the children. We are very excited to have made a successful application to the TESCO blue token scheme. We have the opportunity to be awarded upto £1500 to help us develop our preschool garden with voting opening 1[st] October at the Aylsham store.
Current Account
| Current Account | ||||
|---|---|---|---|---|
| Accounts | Bank Statement | |||
| Opening Balance | 01/09/2023 | 13,080.55 | 13,080.55 | |
| Income/Receipts | 78,368.31 | 79,186.31 | ||
| Expediture/Payments | 78,668.62 | 78,668.62 | ||
| Closing Balance | 30/08/2024 | 12,780.24 | 13,598.24 | |
| Cash Banking 07/06/24 | 840.00 | |||
| Petty Cash | - | 22.11 |
Diff
818.00
818.00
- 22.00 0.11
Independent examiner’s report to the trustees of Buxton Playgroup
I report on the accounts of Buxton Playgroup for the year ended 31[st] August 2024
Respective responsibilities of 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 under section 144(2) of the Charities Act 2011 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 Act
-
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 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 seeking 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 give no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters 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;
-
Keep the accounting records in accordance with section 130 of the 2011 Act and
-
To prepare accounts which accord with 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.
==> picture [293 x 60] intentionally omitted <==
Name: Romilly Cornwell (Mrs)
Relevant professional qualification or body: Chartered Institute of Management Accountants
Address: Three Gables, Vicarage Lane, Buxton, Norfolk, NR10 5HD
Date: 25[th] June 2025