## **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|
|---|---|---|
## **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|
|---|---|---|
## **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