2021-12-31-accounts

St Mary’s Bluecoat School Lodge Lane Bridgnorth Shropshire WV15 5EQ Tel: [phone] E-mail: [e-mail] https://hiddentreasuresbridgnorth.co.uk/

Registered charity: 1046351 ofsted Reg No: 224193

TREASURER’S REPORT – Autumn 20222

2021 was, it must be said, a year of trying to rebuild. The impact of the pandemic has been huge on our small setting, and now we are facing with a cost-of-living crisis that will impact the 2022 and future year accounts.

Premises costs including rent, utilities etc always cause a pressure for us; alongside this wanting to improve facilities for our children it will always be a challenge for a non-profit making setting. It is going to be difficult with rising energy costs to forecast any investment into the facilities for the immediate future.

There is a consideration of marketing that needs focus, and the use of social media is certainly supporting in this area.

Again, we had hoped to build on reserves but with the past, current, and future projection this is going to be impossible, impacting further is the rise in the living wage without a substantial enough increase in the funding we receive.

As always, I commend our staff for their hard work, dedication, and passion for the setting, especially in these difficult and unprecedented times, thank you.

Treasurer

Hidden Treasures {St Mary's Playgroupl Income & Expenditure Account 1st January 2021 to 31st December 2021 Income Opening Balance as al 1.1.21 £9,662.38 £9,662.38 Session fees £84.307.08 / £93,969.46 / Expenditure Staffing and associated costs Equipment & Premises related costs ReSoUr￿S Insurance I memberships 61874.09 21624.03 4761.07 £88,259.19 / Income less expenditure Balance £5,710.27 Closing balances as at 31.12.21 Bank balance as al 31.12.21 £5,710.27 £5,710.27 / I certify that these accounts are a true record of the information presented lo me. Signed 16.:..l.:..Lo23 Name .

Hidden Treasures {St Mary's Playgroupl Income & Expenditure Account 1st January 2021 to 31st December 2021 Income Opening Balance as al 1.1.21 £9,662.38 £9,662.38 Session fees £84.307.08 / £93,969.46 / Expenditure Staffing and associated costs Equipment & Premises related costs ReSoUr￿S Insurance I memberships 61874.09 21624.03 4761.07 £88,259.19 / Income less expenditure Balance £5,710.27 Closing balances as at 31.12.21 Bank balance as al 31.12.21 £5,710.27 £5,710.27 / I certify that these accounts are a true record of the information presented lo me. Signed 16.:..l.:..Lo23 Name .