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2024-08-31-accounts

06.06.25 – AGM – Lilliput Learners

Chair – C Ijeoma

Treasurer – N Sumner

Meeting opened at 09.05 with Chair welcoming everyone and explaining as to why we have an AGM.

Previous minutes read and questions put towards the floor – no questions

Treasurers report attached

Question asked as to why there was so much money in bank? – explained that if the group was to close down then there is sufficient funds to clear debts.

Supervisor reported that this term is about growing and all children are growing different types of seeds.

This is our busy term as boat trip is being organised and children are being prepared to leave us and start school, have a healthy waiting list to start in September.

She also reminded parent that as of September the new 30hours free would start and for parents to register their codes as soon as possible or they would end up paying

All committee members stood down and explained that anyone could join the committee

Re-elected for another year

C Ijeoma – chair

N Sumner – treasurer

Meeting closed at 09.35

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Profit and Loss

Lilliput Learners For the year ended 31 August 2024

2024 2023
TradingIncome
Interest Income 80 42
Sales 163,630 113,873
TotalTradingIncome 163,710 113,915
CostofSales
DirectExpenses 4,403 5,152
TotalCostofSales 4,403 5,152
Gross Profit 159,307 108,763
OperatingExpenses
Advertising&Marketing
- 56
Audit&Accountancyfees 3,698 3,544
BankFees 61 62
ClientEntertaining - 60
General Expenses 1,673 1,574
Insurance 565 =
ITSoftwareand Consumables 642 180
LegalExpenses 157 -
Licence Fees 5,417 -
PensionsCosts 1,598 1,192
Postage, Freight&Courier 25 20
Printing&Stationery 1,074 973
Rent 16,667 15,000
Repairs&Maintenance 2,462 456
Salaries 103,323 88,727
StaffEntertaining - 512
StaffTraining 1,267 32
Subscriptions 137 86
Telephone&Internet 898 757
TotalOperatingExpenses 139,662 113,230
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NetProfit 19,645 (4,467)

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Charity Year End Report Lilliput Learners 31 August 2024

Prepared by Cogs Accountancy Services Limited