## _**Kingsland Nursery Group Charity Number 1044713 Trustees’ Annual Report For Year Ending 31[st] August 2020**_ 

_Kingsland Nursery Group is a Pre-School for 2 – 4-year-old children. Our aim is to provide a childfriendly environment, that is safe, caring and stimulating for all the children in our care. We aim to enhance the development and education of our children through play and creativity._ 

_The attached accounts show a true and fair view of the financial performance of Kingsland Nursery Group. There is a slight increase in the cost of Direct Wages, this is a reflection of the Pre-School now staffing 1 over ratio to allow for more focussed one-to-one time with the children. Some costs were significantly lower than previous years as a result of the setting being closed due to the Covid-19 pandemic._ 

_The committee will continue to closely monitor income and expenditure and promote good practice._ 

_Signed………………………………………………………….Rebecca Morgan Edwards (Chairperson)_ 



## **Profit and Loss** 

## **Kingsland Pre-School For the year ended 31 August 2020** 

|**Profit and Loss**<br>**Kingsland Pre-School**<br>**For the year ended 31 August 2020**|||
|---|---|---|
||**2020**|**2019**|
|**Turnover**|||
|HCC - Funding|59,929.96|43,333.55|
|Nursery Fees|6,281.00|11,714.38|
|**Total Turnover**|**66,210.96**|**55,047.93**|
|**Cost of Sales**|||
|Arts, Crafts & Activities|234.41|434.61|
|Direct Wages|49,383.83|40,950.09|
|Milk, Refreshments & Lunch|444.60|488.30|
|**Total Cost of Sales**|**50,062.84**|**41,873.00**|
|**Gross Profit**|**16,148.12**|**13,174.93**|
|**Administrative Costs**|||
|Audit & Accountancy fees|50.00|80.00|
|Insurance|278.29|278.29|
|IT Software and Consumables|651.61|641.72|
|Large items|1,197.44|584.98|
|Membership & Subscriptions (inc DBS)|537.38|844.26|
|Motor Vehicle Expenses|-|125.82|
|Ofsted|50.00|50.00|
|Outdoor play area development and maintenance|1,081.09|-|
|Pensions Costs|174.59|139.69|
|Printing, Postage & Stationery|253.74|323.71|
|Rent|3,948.00|6,203.00|
|Staff Training|611.19|753.60|
|Sundry Expenses|1,328.68|1,063.99|
|Telephone & Internet|613.01|610.85|
|Toys and resources|755.60|591.02|
|Travel - National|181.71|7.20|
|Trips and entertainment|50.99|342.00|
|**Total Administrative Costs**|**11,763.32**|**12,640.13**|
|**Operating Profit**|**4,384.80**|**534.80**|
|**Other Income**|||
|Fundraising|388.02|(55.85)|
|Interest Income|35.52|53.46|
|Nursery Milk Scheme|27.25|102.09|
|Other Revenue|31.50|253.50|
|Sponsored Bike Ride|-|528.25|
|Trip Money - Madley Env Centre|-|130.00|
|**Total Other Income**|**482.29**|**1,011.45**|



Profit and Loss 

Kingsland Pre-School 



Profit and Loss 

||**2020**|**2019**|
|---|---|---|
||||
|**Profit on Ordinary Activities Before Taxation**|**4,867.09**|**1,546.25**|
|**Profit after Taxation**|**4,867.09**|**1,546.25**|



Profit and Loss 

Kingsland Pre-School