**Annual Treasurer Report for year ending 31st March 2025** ## **Twyning Village Playgroup** This financial year has been more positive for Playgroup than the previous year, with increased numbers in setting being the primary reason for this. Reserve funds remain healthy, as do funds currently ringfenced for the purpose of purchasing a new build at some stage in the future. Total **Income** for 24-25 - £64,240.11 Total **Expenditure** 24-25 - £58,531.69 Total **Difference** 24-25 - £5,708.42 ## **Income** We continue to operate as a not-for-profit charitable organisation to ensure affordable childcare is available to the children of the village, benefiting the local community. Our fundraising has been steady this year. Donations were collected at playgroup events, including sports days and shows, and the shakers in the village shop and pubs generate further income. We also saw the Playgroup staff run successful raffles in setting and are grateful to the fundraising efforts of The Fleet pub who kindly enabled us to improve our long-life play equipment. In total our fundraising efforts saw an income of £1418.40 this year- an increase of over £1200 from last year. Our general income continued through grants from Gloucestershire County Council for children eligible for government funded hours and fees charged for non-funded children. These income streams have generated increased income for us this year due to higher numbers of children attending the setting. The playgroup committee also continue the holding fee of £50 upon application to avoid loss of expected income from places being retracted. This appears to be working well and helps us budget for the upcoming year. ## **Expenditure** The majority of outgoing expenditure goes on paying staff wages – the total for this year was £45,578.35 Other expenditure this year includes but is not limited to: hire of premises, insurance, fees to PATA (who manage our payroll and provide a wealth of knowledge in this sector), staff training, data protection fees, DBS checks, maintaining our website and Tapestry and Ofsted registrations. Regular expense on equipment and consumables for the children continued as usual, along with weekly French lessons and fortnightly forest school sessions for pre-schoolers. A daily snack is also provided for the children. On top of these regular expenses, we have been able to invest in long-life play equipment to benefit all children using additional funds generated by fundraising efforts. Trips and events at key times of the year such as end of summer term and Christmas also account for some of our expenditure and we are grateful to donations from parents and carers toward these. ## **Other Accounts** Our New Build Fund account now contains just over £62,700 due to the transfer of £30,000 from general funds this year, and annual interest amounting to just over £370. These funds remain untouched as this project is on hold for the time being. Our contingency fund stands at a little over £14,300- a slight increase of just over £140 from last year due to annual interest. These funds are kept separate to ensure that we have robust contingency arrangements in place. Our goal is to be confident in the knowledge that in the event of any temporary or other closure forced upon us we are in a secure position to cover expenses. Overall, this year has seen improvements at playgroup as growing numbers of children in the village have increased numbers attending the setting. The additional income generated through government funding and fees in relation to this (plus the fundraising efforts of our staff, committee and local community) have enabled us to make improvements in our facilities and overall provision. These changes have also improved our overall financial stability by surplus income going a significant way toward making up the shortfall in finances from the previous financial year. These changes put us in a healthy position and our financial situation is stable and sustainable. ## **Twyning Village Playgroup Income & Expenditure Summary 2024/2025** ## **Income** |**Income**||||||| |---|---|---|---|---|---|---| ||**April**|**May**|**June**|**July**|**Aug**|**Sept**| ||**£**|**£**|**£**|**£**|**£**|**£**| |Fees|947.29|154.00|2,079.00|2,091.50|231.00|132.00| |Grants|848.19|22,030.12|0.00|585.04|0.00|3,611.03| |Milk Refund|0.00|0.00|0.00|0.00|0.00|0.00| |T Shirts|0.00|0.00|0.00|0.00|0.00|0.00| |Other|0.00|0.00|0.00|0.00|0.00|0.00| |Trips & Event|0.00|0.00|213.00|0.00|0.00|0.00| |Fundraising/D|0.00|0.00|0.00|391.71|0.00|0.00| |Cash Deposit|0.00|0.00|0.00|0.00|142.05|0.00| ||1,795.48|22,184.12|2,292.00|3,068.25|373.05|3,743.03| ## **Expenditure** |**Expenditure**|**Expenditure**| |---|---| |**April**
**May**
**June**
**July**
**Aug**
**Sept**
**£**
**£**
**£**
**£**
**£**
**£**
Wages
4,360.05
4,110.57
3,961.50
4,522.93
3,969.08
2,794.95
Premises
633.00
633.00
633.00
1,374.00
0.00
0.00
Professional
50.00
0.00
0.00
13.00
0.00
0.00
Admin/petty
10.00
#NAME?
11.97
0.99
0.00
12.00
Pata Fees
37.95
#NAME?
80.90
37.95
37.95
49.15
0.00
120.00
109.36
218.63
0.00
0.00
Consumables
91.13
45.82
75.95
20.43
0.00
55.34
Long Life Eq
20.64
0.00
29.76
9.19
0.00
0.00
Stationery
13.48
0.00
4.75
18.88
0.00
0.00
Course Fees
0.00
0.00
0.00
84.00
450.00
72.00
Fundraising
0.00
0.00
0.00
0.00
0.00
0.00
Insurance
799.71
0.00
0.00
0.00
0.00
0.00
other
20.00
0.00
0.00
0.00
0.00
0.00
6,035.96
#NAME?
4,907.19
6,300.00
4,457.03
2,983.44
**Income less**
**-4,240.48**
**#NAME?**
**-2,615.19**
**-3,231.75**
**-4,083.98**
**759.59**
Trips /
events|| |Bank Balance Movement
Opening Bank Balance
Current Account
Contingency Fund
Building Fund
Uncleared cheques b/f
deposit to be made|31-Mar-24
Closing Bank Balance
37,032.33
Current Account
14,184.15
Contingency Fund
32,414.97
Building Fund
0.00
Uncleared cheques c/f
**83,631.45**| Income less expenditure in year Interest on contingency/builing funds accounts Add opening balance |**Oct**|**Nov**|**Dec**|**Jan**|**Feb**|**March**|**Total to date**| |---|---|---|---|---|---|---| |**£**|**£**|**£**|**£**|**£**|**£**|**£**| |556.90|1,051.02|1,612.00|1,084.89|990.02|1,341.08|**12,270.70**| |3,611.03|3,611.03|4,131.34|3,736.50|3,438.26|3,438.26|**49,040.80**| |0.00|0.00|0.00|0.00|0.00|0.00|**0.00**| |0.00|0.00|0.00|0.00|0.00|0.00|**0.00**| |0.00|0.00|0.00|89.26|105.89|960.00|**1,155.15**| |0.00|0.00|0.00|0.00|0.00|0.00|**213.00**| |18.85|0.00|0.00|860.84|147.00|0.00|**1,418.40**| |0.00|0.01|0.00|0.00|0.00|0.00|**142.06**| |4,186.78|4,662.06|5,743.34|5,771.49|4,681.17|5,739.34|**64,240.11**| |**Oct**|**Nov**|**Dec**|**Jan**|**Feb**|**March**|**Total to date**| |---|---|---|---|---|---|---| |**£**|**£**|**£**|**£**|**£**|**£**|**£**| |3,588.95|3,578.84|3,200.24|4,031.80|3,470.88|3,988.56|**45,578.35**| |719.54|633.00|633.00|633.00|633.00|633.00|**7,157.54**| |35.00|0.00|13.00|162.00|81.30|0.00|**354.30**| |15.96|0.00|13.90|0.00|161.79|0.00|**#NAME?**| |41.00|56.00|35.70|41.00|40.70|134.00|**#NAME?**| |120.00|0.00|0.00|150.00|0.00|0.00|**717.99**| |44.27|32.94|81.91|14.56|50.20|35.90|**548.45**| |263.27|55.97|17.99|10.98|0.00|972.02|**1,379.82**| |15.62|0.00|2.40|21.95|0.00|12.78|**89.86**| |90.00|0.00|0.00|169.00|0.00|36.00|**901.00**| |0.00|0.00|0.00|0.00|0.00|0.00|**0.00**| |0.00|0.00|0.00|0.00|0.00|130.00|**929.71**| |15.77|19.99|0.00|0.00|0.00|0.00|**55.76**| |4,949.38|4,376.74|3,998.14|5,234.29|4,437.87|5,942.26|58,531.69| |**-762.60**|**285.32**|**1,745.20**|**537.20**|**243.30**|**-202.92**|**5,708.42**| |31-Mar-25
12,740.75
14,342.37
62,787.26
£0.00
**89,870.38**|contingency account intere
158.22
building account interest 3
372.29| |---|---| 5,708.42 530.51 83,631.45 89.870.38 |**2023/2024**|**Variance**| |---|---| |**£**|**£**| |**11,730.67**|540.03| |**44,793.03**|4,247.77| |**0.00**|0.00| |**0.00**|0.00| |**272.50**|882.65| |**85.60**|127.40| |**143.65**|1,274.75| |**180.00**|-37.94| |**57,205.45**|7,034.66| |**2022/2023**|**Variance**| |---|---| |**£**|£| |52,227.98|-6,649.63| |6,963.00|194.54| |328.89|25.41| |19.97|#NAME?| |705.15|#NAME?| |960.86|-242.87| |375.33|173.12| |233.78|1,146.04| |283.86|-194.00| |133.18|767.82| |14.00|-14.00| |798.44|131.27| |1,365.00|-1,309.24| |64,409.44|-5,877.75| |**-7,203.99**|**12,912.41**| CHARITY COMMISSIO FOR ENGLAND AND WALE Indopendent examinerfs report on the accounts Section A Inde￿dént Examlner¥ Report rt to the trusteesl members of Chanty Name kj On a¢¢ounts for the year sl0311025 ended Charity no (tf any) Sat out ¢)n pages Ir8Jr*mber to mthjde Ihe page n¥mber5 ￿ addibonal sheèis I reFQrt to the trustees on my examination of the nts of the d￿nty Cthe Trusfi for the year ended DD I MM I YYYY. 311031￿18 Responsibilities and basls Ihe ctrwity tn￿ of the Trusl you are respon￿ble the preparats'on of the aco)unts in aC￿rdan￿ with e requirements of the Charittes Ac* 2011 ('the Acri I report in respect of rny examination of the Trusfs act￿nts carried out under sedion 145 of the 2011 A and in ￿rryIng out my examination, I have followed the applicable Directions given by the Chanty Commi881on under se¢tson 145{5)(b) of the Act. I have (X)Mplet￿ my examination. l o)nfimi that no material matters have come to my attents'on ) in connection with the examination vthich gives me cause to bel￿e that in, ny matenal respecL • accounting record8 not kept in aco)rdance th sectson 130 of the Act or • the ac¥xunts do not ac£ord wth fhe 8¢xounting records Ind•p•nd•nt •xamin•rfs stat•m•nt I have no I￿n(￿n8 and have ￿me acros8 no other matters in connedK*n with the examinats'on to vthich attention should be dre￿ in order to enable a proper understsnding of the *xxwnt8 to be reached. ' Pl88s8 delete fv words in Ihe brackets rftr￿y do not apply_ Signed: Dat•: 6101 Iloib Nam•: Rel￿ant professional qualification(s) or body {11 any): CicA e(a) Address: 8•¢tlon Dls¢losure Only cx)mplete rf the examiner needs to highlight matters of concem (see CC32, Independent examination of chanty acc¢)unts: directions and guidan￿ for examiners). Give here brief detsils ny items that the xaminer wishes to disclo￿.