## **Northern Pastures Preschool** ## **Treasurer’s Report** ## **Finances for the fnancial year 2021-2022** Overall, for the year ending 31[st] March 2022, Northern Pastures Preschool suffered a decreased meaning that the money coming into preschool was Less than what was spent by £- 5.541.40 Our spendings was increased greatly towards the end of the financial year due to the lack of support from Funding government team. Preschool had a total income of £63.539.76 which was £13.028 less than the previous year. This was generated most from fees payable by parents, funding from the government and committee fundraising activities. The expenditure for the year has increased by £3,347.56 to £68.504.29 in comparison to £65.156.73 last year. Wages have increased by £444.34 to £49,803.68 compared to £49.359.34 last financial year. The expenditure on rent, wages, trainings were increased, but at the same time pensions and toys expenses were decreased. Due to the lock of funding, this meant that important events such as the easter bonnet parade and easter egg hunts could not go ahead again as planned, events which raise vital funds for the preschool. The unusual circumstances that the preschool has found itself in at the end of the financial year resulted in the committee and preschool staff working extremely hard to secure the financial future of the preschool. Meaning that in the future if we need to, we are going to use our Holding account, to use the money that we received from the Coop fundraiser. I have included a copy of the accounts with this report for your reference and an overview of our four bank accounts: - Fundraising account is solely for all our activity contributions and any form of fundraising received. Anything purchased with fundraising money is transferred to the current account. - Current account is for paying wages, utility bills, and the income of parent’s fees and funding. - Savings account is a contingency account for unexpected expenses and/or closure. We are required under the Charities Commission rules to keep sufficient funds in this account to cover redundancies in the event of the preschool having to close due to the circumstances beyond our control. At present, we have £10,340.11 and we are looking to increase that this year. This will need to be constantly monitored and reviewed by the committee. - Holding account is an account in which parent deposits are held until we can then transfer back into our account for the child’s final invoice payment. This we are not at liberty to use the money and be left empty pocketed at the time of the invoice. **----- Start of picture text -----**
Accounts in Jan 23
Account Total
Fundraising 1.641.25
Current 2,606.91
Savings 10,340.11
Holdings 2.027.74
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Sue Temple Treasurer Northern Pastures Pre-school January 2023 **Charity Name** **No (if any)** **Receipts and payments accounts For the period** Period start date Period end date **To from** 1-Apr-21 31-Mar-22 ## **Section A Receipts and payments** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Nursery Funding 41,356 - - 41,356
Fees 21,859 - - 21,859
Cheques - - - -
Interest 1 - - 1
Fundraising - - -
Miscellaneous 307 - - 307
- - - -
- - - -
63,523 - - 63,523
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 63,523 - - 63,523
A3 Payments
Salaries 49,804 - - 49,804
Rent 5,707 - - 5,707
HMRC 5,687 - - 5,687
Training 1,338 - - 1,338
Mobile 195 - - 195
Internet - - - -
Staff expenses - - - -
Insurances - - -
Council 66 - - 66
Fundraising - - - -
Payment from deposit account - - - -
Tax rebates - - - -
Consumables 3,623 - - 3,623
Petty cash - - - -
Pension 2,660 - - 2,660
Sub total [ 69,081 ] - - 69,081
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 69,081 - - 69,081
Net of receipts/(payments) - 5,558 - - - 5,558
A5 Transfers between funds - - -
A6 Cash funds last year end - -
Cash funds this year end - 5,558 - - - 5,558
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## **Section B Statement of assets and liabilities at the end of the period** |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**| |---|---|---|---|---| |**Categories**
**Details**
**to nearest £**
**to nearest £**
**B1 Cash funds**
Current Account
**2,606**
**-**
Fundraising Account
**1,641**
**-**
Savings Account
**10,340**
Holding Account
**2,027**
Petty Cash
**-**
**16,614**
**-**
Agreement Error
OK
**Details**
**to nearest £**
**to nearest £**
**B2 Other monetary assets**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Details**
**Cost (optional)**
**B3 Investment assets**
**-**
**-**
**-**
**-**
**-**
**Details**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Details**
**B5 Liabilities**
**-**
**-**
**-**
**-**
**-**
Signature
Print Name
**Unrestricted**
**funds**
**Restricted**
**funds**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**B4 Assets retained for the**
**charity’s own use**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
Signed by one or two trustees on
behalf of all the trustees||||| ||Signature||Print Name|| **----- Start of picture text -----**
CC16a
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**Last year** **to the nearest £** **----- Start of picture text -----**
64,970
11,529
-
8
60
-
-
-
76,567
**----- End of picture text -----**
**76,567** **49,359 5,617 3,418 335 239 - - - - - - 3,208 2,980 65,156** **77,380 11,829 - 11,829** ## **Endowment funds to nearest £** **----- Start of picture text -----**
-
-
-
-
**----- End of picture text -----**
OK **Endowment funds to nearest £ - - - - - -** **Current value (optional)** **Current value (optional)** **When due (optional)** Date of approval CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of cwiy N¥Thè NOTHERN PASTURES PRE-SCHOOL On accounts for the year ended Charlty no (If any) 31 ST MARCH 2022 1079271 Sot out on pages Irailem￿ to p8ge runbws daddlional gr￿et8) I rewrt to the tmstees on my examination of the accounts of the abov& charity {Yhe T￿SY) for the year ended . )1 ' ,'YY.3110312022 Re5ponsibllltle8 and basis of report As the charitys trustees, you are responsibl6 for the preparation of the accounts in accordance with the rg]uirements of the Charibes Act 2011 (Ihe A￿. I report in respect of my examination of thè TTusYs accounts carried out under section 145 ofthe 2011 Act and in carrying out my examination. I have follothed all the apFAicable Directions grven by the Charity Commission under section 14515)(b) of the Act. Independonl ￿le charivs gross Income exceeded £250,000 and l am qualtrted to oxamineVs statement undertake the examination by being a qualffied member of [insert name of applicable listed body]]. tWete [ J rfnot applicable. I have Completed my examination. . I confirm that no material matters have come to my attention in connection y￿th the examination (other than that disclosed below I which gives me cause to believe that in. any material respect: the accounting records Y￿re not kept in accordance with sèction 130 of the Charities Art. or the accounts did not ac￿rd wiu) the a￿Unting records,. or the a￿Ourrts dwj not comply with the applicable requirements conceming the forn and content of accounts set out in the Charthes (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Yrue and fairf view which is not a matter consKlered as part of an indep8ndent examinatton. I have no concems and have come across no other matters in connection wtth the exarnination to which attention shoukl be drawn in this report in order to enable a tKoper understanding of the accounts to be rea¢hed. ' Pleas8 dglete the wonts in the bmckets rfthey do not apply. Slgned: Date: 2410112023 Name: LATHEM ELWN Relevant professlonal quallflcation(sl or body MAAT- ASSOCIATiON OF ACCOU￿riNG TECHNICIANS IER Oct 2018 lif any): Address: 25 EASTON L4NE BOZEAT NN29 7NN Section B Disclosure Only Complete it the examiner needs lo highlight material matters of con￿rn (see CC32, Independent examination of charty accounts: directions and guidance for examiners). GNe here brief details of any Items that the examlner wishes to disclose. IER Oct 2Q18