Annual Trustees Report 2022-23.
We have been doing well this year, numbers have remained sustainable within the pre-school.
Voluntary contributions have been impacted by the cost of living crisis.
The trustees recognised the impact of Covid on lots of families and we did not increase our fees for the last 4 years to support families financial crisis.
This year we did not increase any fees or charges.
The impact of the huge increase in NLW has impacted our expenditure on wages and has risen significantly compared to funding rates for children. This will be monitored and fees will be assessed bi-annually.
Little Admirals Pre-school
Income/Expenditure Statement for the period 1/4/2022-31/3/2023
| Income Portsmouth City Council (NEG funding) Fees Income from savings Total Income Expenditure Staff Wages Rent Insurance/Membership Bank Service Charges/subscriptions Uniforms Equipment/Educational Materials Training Phone/Internet Accountants/Payroll/Court Fees Christmas/Leaving presents Buildings School trips Printing Consumables/Snack School trips/visitors Waste removal/sanitary/water machine Furniture Stationery Misc Savings Total Expenditure Net Surplus Bank balance at 1/4/22 Net Deficit as above Bank balance at 31/3/23 Savings account balance at 1/4/22 Interest Transferred to business account Savings account balance at 31/3/23 |
£ 142,132 32,031 18,356 |
|---|---|
| 192,519 | |
| 133,373 13,650 3,490 356 1,097 6,564 3,430 595 926 2,206 1,136 3,093 29 5,653 885 - - 144 12,000 |
|
| 188,625 | |
| 3,893 | |
| 2,615 3,893 |
|
| 6,508 | |
| 56,102 94 6,196 - |
|
| 50,000 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name Little Admirals Pre School members of On accounts for the year 31/3/2023 Charity no 1082960 ended (if any) Set out on pages n/a (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2023
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: 31/01/2024 Signed: Name: LOUISE ETHERINGTON ACMA CGMA Relevant professional CIMA QUALIFIED (ACMA CGMA) qualification(s) or body (if any): Address: 25 Mayles Road Southsea PO4 8NP
October 2018
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