AGM May 2021
Bank balance :
£31,760.31 As at 5[th] May
Committee members
Chair D. L Treasurer R. H Secretary S. S
Finances
End of Year Accounts for 2020 Kids United made a loss of £2719.26
There were lots of changes in 2020 due to Covid 19. Many parents had to work from home. We ran a keyworker only club while schools were open to keyworkers. In September 2020 we had to credit £8029.66 towards 20/21 fees due to parents who continued monthly payments, then requested credit to their fees.
Decision was to increase fees for Sept 2021 by 3%.
Kids United OSC AGM May 2021
Manager’s report
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Our new premises are working very well, school staff are very welcoming and accommodating, the children and parents all love the new premises.
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We could take advantage of the governments Furlough scheme whilst we were in lockdown and had a skeleton staff working for Key worker children during 2020/21 as our number of children increased we were able to bring in more staff and as such reduce the staffs furlough. We are back to full staff capacity as of May 21 and our children numbers are improving slowly.
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Christine Kenyon is to retire at the end of the summer term in July. Pamela Ormerod will be welcomed back to take up her hours as well as continuing to work as our Financial Administrator.
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Maxine our 2020 team member has integrated well and is popular with the Children and staff.
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All of the staff now has full Paediatric First Aid qualifications.
Aniela Duckworth Kids United Manager
KIDS UNITED OUT OF SCHOOL CLUB
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DEC 2020 (DECEMBER STATEMENT END 03 Jan 2021)
| INCOME | £ | £ | |
|---|---|---|---|
| FEES | £38,086.53 | ||
| TOAST MONEY | £66.00 | ||
| HMRC -Furlough | £11,924.05 | ||
| OTHER | £525.00 | ||
| £50,601.58 | |||
| LESS EXPENDITURE | |||
| REFUND OF FEES | £1,671.30 | ||
| TOYS | £420.00 | ||
| SALARIES | £42,548.72 | ||
| RENT | £5,400.00 | ||
| PETTY CASH | £1,480.57 | ||
| ADMINISTRATION | £729.56 | ||
| MOBILE | £82.22 | ||
| MISCELLANEOUS | £988.47 | ||
| £53,320.84 | |||
| Surplus of income over | expenditure | -£2,719.26 |
Surplus of income over expenditure
I hereby certify that the above is a true and accurate record of the accounts of Kids United Out of School Club
Auditor Signature …………………………………
Address:…………………………………………….. ……………………………………………………….. ………………………………………………………..
Date: ……………………………………………
KIDS UNITED OUT OF SCHOOL CLUB RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020
| INCOME | AMOUNT | EXPENDITURE | AMOUNT | |||
|---|---|---|---|---|---|---|
| BANK BALANCE | £33,195.49 | |||||
| FEES | £38,086.53 | REFUND OF FEES | £1,671.30 | |||
| TOAST MONEY | £66.00 | TOYS | £420.00 | |||
| FURLOUGH | £11,924.05 | SALARIES | £42,548.72 | |||
| OTHER | £525.00 | RENT | £5,400.00 | |||
| PETTY CASH | £1,480.57 | |||||
| £50,601.58 | ADMINISTRATION | £729.56 | ||||
| MISC | £988.47 | |||||
| MOBILE | £82.22 | |||||
| £53,320.84 | ||||||
| £83,797.07 | ||||||
| CLOSING BANK BALANCE 3 Jan 2021 | £30,476.23 | |||||
| TOTAL | £83,797.07 | |||||
| TOTAL PROFIT FOR THE YEAR ENDING | 2020 | -£2,719.26 |
I hereby certify that the above is a true and accurate record of the accounts of Kids United Out of School Club
Auditors signature ……Mr BJ Poulton……………………………………