Medbourne Playgroup operating as Medbourne Pre-School Registered Charity Number: 1044646
Income & Expenditure Account
| Year ended 31 July LCC Fees Parent Fees June Fete Donations Raffles & Fundraising Visiting Activities Sale of T shirts Bank Interest Total Income Received Salaries Village Hall Rental Equipment Insurance Visiting Activities June Fete Uniforms Website Payroll costs Refreshments Staff Training Ofsted & Information Commission Miscellaneous DBS Sanitising & Cleaning Stationery & Telephone Total Expenses Surplus for the Year |
2024 £ 28,427 18,503 2,315 1,187 364 369 71 501 51,737 36,562 7,350 982 585 450 448 350 192 182 162 158 85 77 71 55 19 47,727 4,010 |
2023 £ 31,081 14,241 3,168 - 1,180 389 - 256 50,315 36,528 6,270 179 559 400 881 - 144 - 164 2,732 85 - 150 62 - 48,154 2,161 |
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Medbourne Playgroup operating as Medbourne Pre-School Registered Charity Number: 1044646 Statement of Assets & Liabilities
| As at 31 July Debtors - Fees due Other Debtors Deposit Account Current Account Cash in Hand Creditors - LCC Creditors - Other Creditors - Village Hall Surplus Brought Forward Surplus for the Year Surplus Carried Forward Capital Grants Reserve Contingency Fund Available cash |
2024 £ 481 1,283 40,918 6,664 284 49,630 - 428 2,450 2,878 46,752 31,742 4,010 35,752 2,500 8,500 46,752 - 35,752 |
2023 £ - - 32,417 15,993 236 48,646 1,396 397 4,110 5,903 42,742 29,581 2,161 31,742 2,500 8,500 42,742 - 31,742 |
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Independent examiner's report to the Trustees of Medbourne Playgroup operating as Medbourne Pre-School Registered Charity Number: 1044646
I report on the accounts for the Trust for the year ended 31 July 2024.
The charity's trustees are responsible of the preparation of the accounts. The charity's trustees consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to examine the accounts 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 seeking explanations from the 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 those matters set out in the next statement.
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to prepare and keep accounting records as set out by the Charity Commission have not been met.
James A J Hathaway BSc FCA Chartered Accountant 19 November 2024
Medbourne Playgroup operating as Medbourne Pre-School Treasurer's Report for the year ended 31 July 2024 Registered Charity Number: 1044646
I am pleased to present my report on the accounts for the year ended 31 July 2024.
I am delighted that through the help and support of the staff, parents, friends and the committee, the Pre-school delivered a strong surplus of £4,010 in the year. The charity remains in a healthy financial position.
The income was slightly up on last year at £51,737 compared to £50,315 last time, with the fees at £46,930 in total surpassing last year's £45,322. The June fete again delivered a very helpful £1,867 surplus, almost half of the charity's result for the year, and we were very grateful for the £1,187 of donations from parents and friends.
The largest costs are clearly Salaries and the rental of the village hall. We were able to invest some of the surplus from the 2023 fete in new equipment for the setting, including new tables and various toys. Other costs were well controlled enabling the Pre-School to keep total expenditure lower than last year, resulting in a surplus of £4,010 for the year, almost twice the result of last year.
The statement of assets and liabilities shows a healthy position, with available cash of £35,752. The overpayment by LCC back in 2021 has now been fully repaid. The Capital Grants Reserve remains as previous years being amounts gifted following a request for funding for a new purpose built unit in 2013. We continue to maintain a contingency fund of £8,500.
None of the Committee received any remuneration in the year. The only expenses reimbursed were for DBS checks and direct payments for Pre-School expenditure such as equipment and for the website. The Committee believes there were no Related Party Transactions requiring disclosure.
Overall, the committee is pleased with a strong financial performance for the year and that the PreSchool remains in a stable financial position. As ever, thank you to the staff, parents and friends for you continued support.
Whilst a challenging year, it is positive that a surplus was made and the Committee is pleased that the children numbers remain healthy and it is working hard to try ensure the Pre-School is able to remain as a going concern. The Committee would like to thank all parents and friends for their on-going support.
Antony J Walters BA (Hons) MBA FCA Treasurer, Medbourne Pre-School