20 Bailey Close Chingford E4 9HG
Ofsted 146918
Registered Charity Number 1049439
Email:- busybeeschingford@hotmail.co.uk
020 8559 4473
Annual Report and Account
1[st] September 2023 – 31[st] August 2024
We are pleased to start this report with the news that we have had our OFSTED inspection and we received a “good”.
The Ofsted inspector was very calm and professional and put all staff at ease, she was impressed with the way all staff knew each child, their likes and dislikes and the interaction that went on in the setting.
Even so it was still quite nerve wrecking for the staff but everyone was great and just “did their job”
Our number have remained very high again this year, and again we have seen a steady increase in children with little or no speech, which can be quite a challenge at times.
Our financial position remains good as you will see from the accounts attached with this report.
The building is still in need of some repairs, nothing much changes with the scout group that we lease from.
Our Apprentice, Sophie has passed her level 3 in Childcare and Early Education and is well liked by the children, who enjoy having a “younger” staff member around. We may take on another apprentice this coming year as we have had quite a few enquiries.
Kelly who was a level 2 has now completed her level 3.
We have had one member of staff leave, due to family commitments so will be interviewing in the new school term.
I would like to ask for any questions before we elect a new committee, and would like to thank the leaving committee for their work and dedication this year.
| Busy Bees Preschool Accounts September | Busy Bees Preschool Accounts September | 1st 2023 - August 31st 2024 | 1st 2023 - August 31st 2024 | |
|---|---|---|---|---|
| Opening Balance | ||||
| Current Account | 2,231.30 £ |
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| Deposit Account | 24,771.45 £ |
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| Reserve Account | 733.75 £ |
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| Cash in Hand | - £ |
27,736.50 £ |
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| Income | ||||
| 3 - 5years old | 5,654.37 £ |
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| 2 Years Old | 8,272.50 £ |
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| FEEE Grant 3- 5years | 86,716.66 £ |
|||
| FEEE Grant 2year olds | 75,705.23 £ |
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| EYPP | 3,502.57 £ |
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| EHC Funding | 39,376.53 £ |
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| SENIF | 25,532.32 £ |
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| Milk Refund | 101.81 £ |
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| Interest | 264.93 £ |
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| Training | 266.70 £ |
|||
| DAF | 5,315.00 £ |
250,708.62 £ |
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| Fundraising | ||||
| Raffles | 194.00 £ |
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| EasyFundraising | 92.20 £ |
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| Smartie Tubes | 191.10 £ |
477.30 £ |
||
| EXPENSES | ||||
| Staff Wages | 167,689.01 £ |
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| HMRC | 4,983.41 £ |
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| Nest Pensions | 3,518.97 £ |
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| Payroll Charge | 475.49 £ |
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| OFSTED Registration | 220.00 £ |
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| DBS | 403.48 £ |
|||
| Office Equipment | 1,959.09 £ |
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| Bank Service Charges | 96.75 £ |
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| Milk | 85.58 £ |
|||
| Snack | 518.09 £ |
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| Travel | 162.00 £ |
|||
| Training | 1,555.61 £ |
|||
| Citation HR | 3,840.51 £ |
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| Staff Uniform | 1,165.05 £ |
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| Outings | 877.93 £ |
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| Repairs and Renewals | 1,364.60 £ |
|||
| Staff Expenses | 2,980.24 £ |
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| ON line Journals | 2,339.10 £ |
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| ICO | 35.00 £ |
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| Insurance | 3,432.67 £ |
197,702.58 £ |
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| Premises Costs | |||||
|---|---|---|---|---|---|
| Rent | 11,760.00 £ |
||||
| Pat Test | 234.00 £ |
||||
| Legionella Testing | 774.00 £ |
||||
| Fire Alarm Testing | 354.00 £ |
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| emergencyLightingTest | 594.00 £ |
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| Garden/Gardener | 733.58 £ |
||||
| Pest Control | 360.00 £ |
14,809.58 £ |
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| General Admin | |||||
| Landline Telephone | 551.49 £ |
||||
| Mobile Phone | 146.04 £ |
||||
| Postage & Packing | 457.12 £ |
||||
| Stationery | 754.79 £ |
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| Printer Ink | 1,356.28 £ |
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| A4 Printer Paper | 193.88 £ |
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| PettyCash | 216.99 £ |
||||
| Food Bank | 179.98 £ |
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| Microsoft Office | 143.82 £ |
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| Adobe | 219.67 £ |
||||
| AVG Anti Virus | 148.98 £ |
4,369.04 £ |
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| Janitorial Supplies/PPE | |||||
| NappyCassettes | 221.76 £ |
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| WashingUpLiquid | 24.91 £ |
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| Gloves | 325.77 £ |
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| Paper Towels | 171.92 £ |
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| Toilet Paper | 181.81 £ |
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| Floor Cleaner | 113.66 £ |
||||
| Toilet Cleaner | 58.42 £ |
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| ChangingMats | 21.57 £ |
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| Hand Wash | 55.84 £ |
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| Air Freshener | 38.55 £ |
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| Tissues | 84.09 £ |
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| Cleaning | 390.74 £ |
||||
| Anti Bac Spray | 99.52 £ |
||||
| Cloths | 48.77 £ |
||||
| Hand Gel | 144.00 £ |
||||
| NappySacks | 12.10 £ |
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| BabyWipes | 59.28 £ |
||||
| Black Sacks | 37.78 £ |
||||
| First Aid | 108.05 £ |
2,198.54 £ |
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| Advertising | |||||
| UK Town Maps | 1,000.00 £ |
||||
| BT Directories | 425.16 £ |
||||
| FlagshipWebsite | 618.00 £ |
||||
| Yell . Com | 2,319.40 £ |
4,362.56 £ |
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| Toys/Equipment/Activities | ||||
|---|---|---|---|---|
| Toys and Equipment | 9,036.29 £ |
|||
| Activities/Art & Craft | 1,038.54 £ |
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| Chalk | 72.54 £ |
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| PlaySand | 134.00 £ |
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| Paint | 274.71 £ |
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| Batteries | 146.97 £ |
|||
| Glue | 149.39 £ |
|||
| CookingActivities | 211.78 £ |
|||
| Crayons | 149.39 £ |
|||
| Parties/Graduation/Christmas/Easter | 2,045.21 £ |
|||
| Pencils | 72.68 £ |
|||
| Flour | 66.27 £ |
|||
| SEN Toys & Equipment | 8,432.81 £ |
21,830.58 £ |
||
| Services Bought In | ||||
| Aquacool Water Dispenser | 208.95 £ |
|||
| Concept Hygiene | 379.08 £ |
|||
| TinyMites | 1,320.00 £ |
|||
| BouncyCastle/Skittleman | 590.00 £ |
|||
| Zoolab | 549.60 £ |
3,047.63 £ |
||
| Opening Balance | 27,736.50 £ |
|||
| Income | 250,708.62 £ |
|||
| Fundraising | 477.30 £ |
|||
| sub total | 278,922.42 £ |
|||
| Less Expenses | 197,702.58 -£ |
|||
| Less Premises Costs | 14,809.58 -£ |
|||
| Less General Admin | 4,369.04 -£ |
|||
| Less Janitorial Expenses | 2,198.54 -£ |
|||
| Less Advertising | 4,362.56 -£ |
|||
| Less Toys & Equipment | 21,830.58 -£ |
|||
| LessServices Bought in | 3,047.63 -£ |
30,601.91 £ |
||
| Closing Balance | ||||
| Cash in Hand | - £ |
|||
| Current Account | 1,405.60 £ |
|||
| Deposit Account | 17,367.82 £ |
|||
| Reserve Account | 11,828.49 £ |
30,601.91 £ |