Klngslond hlurnery Group Chority Number 1044713 Trustees'Annuol Report For Year Endlnq 31 August 2023 Kingsland Nursery Group is o Pre-schoolfor 2- 4-yeur-old chlldren. Our oim is to provide t7 child- friendly environment, that 15 safe, caring and stimulating for all the children in our care. We oim to enhance the development and educotion of our children through ploy und creotivity. The ottoched occounts show a true nraIr view of thefinoncial performance OA Kin9slond Nursery Group. We have mode 0 5moll loss, but ore recovering wellfrom the 5ignificont loss the previous yeor. The nextfinanciol yeor is set to be better. The committee will continue to closely monitor income ond expenditure ond promote good pnirtice. Signed.. .Rebecco Morgon Edwords fchoirperson)
Balance Sheet
Kingsland Pre-School As at 31 August 2023
| Balance Sheet Kingsland Pre-School As at 31 August 2023 |
Balance Sheet Kingsland Pre-School As at 31 August 2023 |
|---|---|
| 31 AUG 2023 | |
| Current Assets | |
| Cash at bank and in hand | |
| Business Reserve 23,599.02 |
|
| Kingsland Nursery Group 13,020.95 |
|
| Total Cash at bank and in hand 36,619.97 |
|
| Accounts Receivable 27.50 |
|
| Prepayments 182.00 |
|
| Total Current Assets 36,829.47 Creditors: amounts falling due withinone year |
|
| Accounts Payable 1,712.50 |
|
| Accruals 60.00 |
|
| NIC Payable (279.97) |
|
| PAYE Payable (409.86) |
|
| Pensions Payable 155.37 |
|
| Wages Payable - Payroll 0.60 |
|
| Total Creditors: amounts falling due within one year 1,238.64 |
|
| Net Current Assets (Liabilities) 35,590.83 |
|
| Total Assets less Current Liabilities 35,590.83 |
|
| Net Assets 35,590.83 Capital and Reserves |
|
| Current Year Earnings (5,456.66) |
|
| Retained Earnings 41,047.49 |
|
| Total Capital and Reserves 35,590.83 |
16 Jun 2024 Page 1 of 1
Balance Sheet Kingsland Pre-School
Profit and Loss
Kingsland Pre-School For the year ended 31 August 2023
| Profit and Loss Kingsland Pre-School For the year ended 31 August 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| Turnover | ||
| HCC - Funding | 38,886.70 | 26,843.88 |
| Nursery Fees | 12,012.50 | 13,659.75 |
| Total Turnover | 50,899.20 | 40,503.63 |
| Cost of Sales | ||
| Arts, Crafts & Activities | 331.89 | 438.12 |
| Direct Wages | 44,853.05 | 43,471.58 |
| Fundraising Costs | 256.84 | 403.32 |
| Milk, Refreshments & Lunch | 661.05 | 459.18 |
| Total Cost of Sales | 46,102.83 | 44,772.20 |
| Gross Profit | 4,796.37 | (4,268.57) |
| Administrative Costs | ||
| Audit & Accountancy fees | 70.00 | 120.00 |
| Insurance | 406.55 | 382.16 |
| IT Software and Consumables | 705.46 | 578.22 |
| Large items | 490.78 | 119.99 |
| Membership & Subscriptions (inc DBS) | 654.24 | 691.72 |
| Ofsted | 50.00 | 50.00 |
| Outdoor play area development and maintenance | 216.00 | 3,269.83 |
| Pensions Costs | 433.40 | 311.93 |
| Printing, Postage & Stationery | 240.50 | 386.95 |
| Rent | 8,049.00 | 6,964.00 |
| Staff Training | 203.24 | 200.00 |
| Sundry Expenses | 1,261.46 | 1,157.12 |
| Telephone & Internet | 625.80 | 915.84 |
| Toys and resources | 642.19 | 332.50 |
| Travel - National | - | 38.66 |
| Trips and entertainment | (63.40) | - |
| Total Administrative Costs | 13,985.22 | 15,518.92 |
| Operating Profit | (9,188.85) | (19,787.49) |
| Other Income | ||
| Fundraising | 2,113.00 | 1,522.01 |
| Interest Income | 211.19 | 10.94 |
| Nursery Milk Scheme | 134.50 | 127.42 |
| Other Revenue | 1,273.50 | 655.00 |
| Total Other Income | 3,732.19 | 2,315.37 |
Profit and Loss Kingsland Pre-School
16 Jun 2024 Page 1 of 2
Profit and Loss
| 2023 | 2022 | |
|---|---|---|
| Profit on Ordinary Activities Before Taxation | (5,456.66) | (17,472.12) |
| Profit after Taxation | (5,456.66) | (17,472.12) |
Profit and Loss Kingsland Pre-School
16 Jun 2024 Page 2 of 2
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