## **Treasurer’s Report AGM 2023.2024** ## **Moreton in Marsh Playgroup** ## **Meeting 30[th] September 2024** Playgroup has two bank accounts and closing balances of these as of 31[st] August 2024 were as follows: Treasurer’s Account: £72092.89 Contingency Account: £21,151.45 Fundraising Account: £1,136.65 We also have an HMRC debtor of £3,916.80, which will offset against PAYE liabilities for the coming months (approx. 10mths) This report is based on the 2023/2024 accounting year (September – August). The yearly audit has been independently completed. I am due to collect the report next week. I can report that the total income to the Treasurer’s account was £102,903 less expenditure of £80,686. This gives an overall surplus of £22,217 over the year. This is in a large part due to increased education funding but also being down to a low quota of staff, and I would like to thank the team for pulling together and getting through what has been a trying year at times. ## Money in: The education funding for this year was £91,859.46 compared to last year’s £66,553. Children’s fees decreased to £7,840 from £11,940 last year, we have accounted for a debtor figure of £225.00 still owing from parents in the accounts. It should be worth noting that this years figure is in line with the 2021.2022 year Fundraising efforts raised £1985.87 (£1,759 : 2023). The best fundraisers again were the Bingo night and the Christmas events. Other fundraising efforts included Rags to Riches collections, the pop-up shop and drinks/ foo/ sweet sales at events This year, we also received a donation again from Edith Mann Charity, totalling £150. Should we consider a thank you letter to be sent or these types of donation. ## Money out: Employment costs totalled £64,559 compared to £66,150 last year. Again due to the lower level of staff as previously stated. Premises costs totalled £11,565 compared to last year’s £10,959. Consumables costs (inclusive of snack fund) decreased significantly to £1,399 compared to £4,126 last year. A testatment to Nicola for keeping on top of those and keeping costs down to a minimum. The Contingency bank account continued to receive £100 per month from the Treasurer’s account. We have talked about looking to invest some of this some into a high interest ISA or such like and will continue to research a best option ## Summary This financial year has seen many difficulties, especially from staffing, the cost in living continues to increase and we envisage an increase from all fronts over the next year. Whilst we have a cushion to absorb some of these costs, we should be actively seeking to raise more funds by way of fundraising and grants and donations. The 2024/2025 year will see playgroup back up to staffing levels we would typically expect and as such the funding will cover this, but we need to actively look to cover the running costs from the fundraising and such like. The committee have and will continue to monitor Playgroup’s finances carefully, this year resulting in reducing the deficit from last year’s figures. Although overall spending remains on par with the previous year, there is likely to be further increases to costs and we need to remain vigilant to ensure these are kept in check. I’d ask that those within the Playgroup community (parents/ members/ friends/ grandparents) need to remain vigilant of the expenditure of the setting, and continue to promote and run fundraising events to allow the setting to continue to provide childcare to our local community. ||**Charity Name**|||||**No (if any)**|**No (if any)**||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||**MORETON IN MARSH PLAYGROUP**||||||||||| ||**Receipts andpayments accounts**|||||||||**CC16a**|| |**For the period**
**from**
~~ee~~|||01/09/2023
Period start date
~~ee~~||**To**
~~ee~~||Period end date
31/08/2024||||| |**Section A Receipts and payments**|||||||||||| ||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**||**Total funds**|**Total funds**||**Last year**|| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|||**to the nearest £**|| |**A1 Receipts**|||||||||||| |NURSERY EDUCATION FUNDING|**91,859**||**-**||**-**||**91**|**91,859**||**66,553**|| |CHILDREN'S FEES/ADMIN FROM PARENTS|**7,840**||**-**||**-**||**7,840**|**7,840**||**11,940**|| |MILK REFUND|**161**||**-**||**-**||**161**|**161**||**230**|| |GRANTS|**500**||**-**||**-**||**500**|**500**||**1,000**|| |FUNDRAISING|**1,986**||**-**||**-**||**1**|**1,986**||**1,759**|| |DONATIONS|**150**||**-**||**-**||**150**|**150**||**1,000**|| |OTHER RECEIPTS|**406**||**-**||**-**||**406**|**406**||**233**|| ||**-**||**-**||**-**||**-**|**-**||**-**|| |**_Sub total_**_(Gross income for AR)_|_(Gross income for AR)_**102,903**||**-**||**-**||**102,903**|**102,903**||**82,716**|| |**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**102,903**
**-**
**-**
**102,903**
**82,716**
~~—————~~|||||||||||| |**A3 Payments**|||||||||||| |EMPLOYMENT|**64,559**||**-**||**-**||**64**|**64,559**||**66,150**|| |TRAINING|**-**||**-**||**-**||**-**|**-**||**473**|| |PREMISES|**11,565**||**-**||**-**||**11**|**11,565**||**10,959**|| |SUBSCRIPTIONS AND ADMIN|**580**||**-**||**-**||**580**|**580**||**436**|| |INSURANCE|**481**||**-**||**-**||**481**|**481**||**967**|| |REPAIRS AND RENEWALS|**731**||**-**||**-**||**731**|**731**||**-**|| |CONSUMABLES|**1,399**||**-**||**-**||**1**|**1,399**||**4,127**|| |FUNDRAISING|**32**||**-**||**-**||**32**|**32**||**13**|| |OTHER|**618**||**-**||**-**||**618**|**618**||**196**|| |PURCHASES OF E & A|**720**||**-**||**-**||**720**|**720**||**-**|| ||**-**||**-**||**-**||**-**|**-**||**-**|| |**_Sub total_ **|**80,686**||**-**||**-**||**80,686**|**80,686**||**83,320**|| |**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_**
**80,686**
**-**
**-**
**80,686**
**83,320**
~~——————~~|||||||||||| |**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|**22,217**
**-**
**-**
**22,217**
**- 604**
**-**
**- -**
**-**
**-**
**77,221**
**- -**
**77,221**
**77,825**
**99,438**
**-**
**- 99,438**
**77,221**
~~=====>==>~~||||||||||| CCXX R1 accounts (SS) 25/06/2025 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
B. Mustoe
**Details**
**Details**
**Details**
**Details**
DEBTORS
CONTINGENCY ACCOUNT
TREASURER'S ACCOUNT
**_Total cash funds_**
(agree balances with receipts and payments account(s))
**Details**|**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**21,151**
**-**
**78,287**
**-**
**-**
**-**
**99,438**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
0
**-**
**-**
**-**
**-**
**-**
Print Name
BarryMustoe|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of approval| ||B. Mustoe|BarryMustoe|| ||||| CCXX R2 accounts (SS) 25/06/2025 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of MORETON IN MARSH PRE-SCHOOL PLAYGROUP On accounts for the year ended 31 AUGUST 2024 Charity no (if any) 1052701 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3110812024 Responsibilities 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 Act"). 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 applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: tQL Name: AME VVRIGHT Relevant professional qualification(s) or body (if any): Fellow of the Institute of Chartered Accountants in England and Wales Address: 37 Market Square Witney OX28 6RE IER Oct 2018 Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidan￿ for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018