## AGM Mar 2022 **Bank balance** : £21,809.74 As at 18 Jan 22. ## **Committee members** Chair D. L Treasurer R. H Secretary S. S ## **Finances** End of Year Accounts for 2021 Kids United made a loss of £8950.27 This loss is mainly due to parents now working from home. Possible reductions - Reduction in Petty Cash - Reduction in Toy Money - Ask for a reduction in rent by £5. - Staff – only need 2 staff PS & PO will drop mornings - On quiet nights Wed & Fri only require 3 staff. – PS has offered to drop these evenings. Will address in September for children’s’ numbers. PO has handed in her notice as Financial Administrator. Decision was to increase fees for Sept 2021 by 3%. INCOME ANO EXPENDrruRE Accouprf FOR YEAR EN(IED 31 DEC 2021 IDECEM8ER STATEMENT END 04 Jan 2022) INCOME FEES TOAST MC*4E HW