AGM 01.11.2021
Bank Account as at 31/08/2021
Current Account £6862.72 Fundraising Account £368.07 Savings Account £12,033.67
THE 2020/21 ACADEMIC YEAR SAW MANY CHALLENGES AGAIN. COVID SAW US SPENDING MORE ON STAFF AND CLEANING ON AN ALREADY TIGHT BUDGET, ALONG WITH ANOTHER LIVING WAGE AND RENT INCREASE.
20/21 ACCOUNTS NEED TO BE AUDITED STILL.
WE FINISHED THE YEAR AT £7341.69 SURPLUS, HOWEVER THIS DID INCLUDE THE FUNDING INCOME RECEIVED FROM KCC FOR THE AUTUMN TERM 21/22. WE HAD SOME CHILDREN KEPT OFF FROM PRESCHOOL THAT WOULD HAVE BEEN FEE PAYING. MINIMUM WAGE WAS ALSO INCREASED YET AGAIN AND KCC FUNDING ONLY INCREASED BY 6P WHICH IS A DROP IN THE OCEAN COMPARED TO OUR STAFF COSTS AND RENT! THE GOVERNMENT HAVE THEMSELVES ADMITTED THAT SETTINGS REQUIRE £7.25 AN HOUR PER CHILDREN IN FUNDING YET WE ONLY RECEIVE £4.39! THIS CREATES A VERY CHALLENGING TIME BALANCING STAFF WITH CHILD NUMBERS TO ENSURE WE CAN PROVIDE A SERVICE WHILE NOT SINKING. WE HAVE USED THE FUNDRAISING MONEY TO BUY CONSUMABLES TO EASE THE STRAIN ON THE MAIN ACCOUNT. GOING FORWARD IS DIFFICULT WITH THE ONGOING FINANCIAL CHALLENGES. LIVING WAGE IS SET TO INCREASE IN APRIL 2022 FROM £8.91 TO £9.50.
CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a Forthe pèr from To 011(W2020 31108r2021 Section A Receipts and payments Unrestrlct¢d funds Restrlcted funds Endowment fvnds Total funds Lat y•ar t•lh• n••rn•te toth• M•r••te toth• n••i•Bt£ nMrnAt E Al Rec61 ts Fe08 Irom P8r•nt Iniernst Irtcome KCC Fundln Other Reven Uniforn Olher Fund R Sa5 Leys Other FLryI Rir¥J Inrjxfie 10.N6.tyJ 1.21 78.819.65 4790.67 31&20 S14.40 ID.286 8.097 78.820 5.791 56.881 1830 522 973 112 514 7.61 Le55 t)ebtors differenc• Sub total (Gross income for AR) 95.60152 95,603 69.238 A2 Asset ond Invèstment sales. (seg tablo). Sub total 9S.60152 9&603 69,236 A3Pa ments Direcl Expenses Dirtcl Wa9e$ Tax and NIC Accountancy Cleanln AdVe$yj & FundrBlSWJ Expense General Expense In8ur8nce IT Software8TrJ Consumab Pens5on cosi Postage. freight & COLH*r Priniing and Sialionery Rent SnBck Expense Staff Tr•inin9 Sub$cnplions relephone 8ThJ Intemei Unrfomi Expenses Roun(Iing Pety Cash 19.95 73,047.78 3.763_49 419.20 167.92 89.9S 7J,047.7B 3,763.49 419.20 187.92 811 67,87• 3.932 218 156 1,255.43 791.08 67143 721 1.637 671 323 1,841 2S 216 4767 188 1,091 791.08 67143 2.137.64 3.23 83.JB 6.928_50 410.78 309.74 859.18 653.06 535.14 O.B9 1137.64 3.23 83.J8 6,928.50 410.78 309.74 859.18 6S3.06 535.14 0.89 1,042 Sub total 92.128.82 91128.B2 B6.143 CCXX R1 accounts ISS} 2Y11r21f21
M Asset and Investment purchases, {see tabl81 Sub total Total payments 92.128.82 91129 86.243 Net of reCeIp(PaYMents) A6 Transfern beiween funds A6 Cash funds last year end Cash funds thls year end 3.473.70 3.474 17,007 14.925.00 18.398.70 14,925 18.399 17.007 Section B Statement of assets and liabilities at the end of the eriod Restricted Categories Details Unrestrl¢ted Endowment to rmrestÈ tr* Wf•St £ to n••r•st £ B1 Cash funds Fmfjr•is9 Cash & C•8h Attth•tt 1.325 1,456 12.032 11.034 11.034 FL¥¥I Ra¢wJ 413 112 Total cash funds 18.399 18,399 14,925 Unr•stricted Endowm•nt B2 Other monotsry ass•ts Srgn8d by orte or fyvo trust¥ on b8haifof 811 tho trustO08 Oetsfls tts n•aYe8l£ Siwure Prirt Naw Date of roval CCXX R1 acujunts ISS) 2311112021
Income and Expenditure Kingswood Preschool Group For the year ended 31 August 2021 A¢coÈmi Turnov•r KCC Fwdng rn•19 85 S.7W87 314.20 51440 •&7Q&13 UnNotm Fund Irthr Txal Ttsmv¥•r Cost of Salos Otroct E¥p•n Directwoges PAYE & NIC Total Co•tOlBakn .? 78 3.76)4• 71,10121 18 AdmlnlstAtlve Cos1• 41910 167.92 1255.43 791 01 6n.43 1137.81 323 Cknaning FundtJlrbg InBuran¢• P•nknn9 C Poiw, Fr•W& C(A*l•r R•n¢ 41on
J914 919 65JL SJ9 14 Is7* Other Income 88nks Fundraisirffj Klngswood Prtsehool S8ving Account Cash Total 413 11034 89 18399 Reconciliation Funds Brought forvrard Net ReIpts Balance 1W25 3474 18399
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examlnerfs Report Roport to th6 trusteesl mombors of KinYSvén7 oil On accounts for the year ended 31¥1 August 2021 Charity no (if any) 1045792 Set out on pages 1.2 and 3. Fom) CC16a ReIpts and Payments Account. and Income and Expenditure Report I report to the trustees on my examination of the accounts of the above charity (llhe Trust.) for the year ended Responslbllltios and basis of report As the charity's trustees. you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ("the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the ap lcable Directions given by the Chartty Commission under section 145{5)(b) of the Act. Independent rrhe chanty's gross income exceeded £250,000 and l am qualified to axaminerfs statement undertake the examination by being a qualified member of linsert name of applicable listed bodyll. Delete [ l rfnc¢ applic8ble. have completed my examination. I confinn that no material matters have come to my attention in connection with the examination (other than that disclosed below") which gives me cause to believe that in. any material the accounting records were not kept in accordance with sedion 130 of the Charities A(#. or the accounts did rt accord with the accounting records., or the accounts did not comply wrth the applicable requirements conceming the fomi and ¢ontent of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thal the accounts give a Irue arKI fairf view which is not a matter considered as part of an independent examinats'on. I have no conM$ and have come across no other matters in connection with the examination to bthich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Flease delete the wvrds in the brackets rfthey do not apply. Slgned Date: 2311112021 Name: Marion Missing Oct 2018