- Holy Apostles Pavilion Group (HAPG) Full Year 2024 25 Financial Report
This financial report relates to the 2024-25 academic year (from 01.09.2024 – 31.08.2025) for the Pavilion Group which is split into two distinct functions, being the Pre-School and After School Club. For the purpose of this report the financials relate to the income and expenditure for both functions combined.
Income in 2024-25 was significantly lower than the prior year (-24% vs. 2023-24) at £111,177.64 (2023-24 £146,704.23).
Expenditure in 2024-25 also fell significantly (-17% vs. 2023-24) at 134,670.23 (2023-24 £162,966.97).
The operating deficit of £23,492.59 (21%) is driven by three key factors:
-
Reduction in Preschool bookings relative to historic averages, without in-year activity to reduce staffing costs
-
Rising employment costs, primarily increases in Employer’s NI and base pay for all staff
-
Investment in the After School Club expansion, the expenditure for which necessarily occurred during this reporting period in readiness for operations to begin in September 2025
There is no concern over the ongoing viability of the settings, as actions have been taken to ensure both the Preschool and After School Club are on a sustainable footing into the 2025-26 school year. This includes elective changes to the staffing profile, and implementation of the After School Club expansion activities
The After School Club expansion was supported by a grant from Gloucestershire County Council, which has enabled the Pavilion Group to invest in recruitment and equipment which will provide a high quality setting for years to come, with certainty for parents/caregivers that the provision is a long term solution that can be relied upon.
The balances of the accounts held by the Pavilion Group as at 31/08/2025 were as follows:
-
Current Account £20,281.82
-
• COIF Savings £45,608.53 • Savings Account £31,806.80 • TOTAL £97,697.15
Robert Kerr Treasurer, HAPG
Holy Apostles' Pavilion Group 2024/2025
Financial Statement
Income and Expenditure Account
Income
| Income | ||||
|---|---|---|---|---|
| After School Club Pre School Joint Fees Third Party Fee's GCC Grant Other income Interest |
77,816.51 81,068.72 2,130.29 161,015.52 36,189.80 24,385.18 66,375.81 32,015.44 2,049.29 161,015.52 |
Per Lloyd's Income Tab Diff 161,015.52 - |
||
| Per Lloyd's Income Tab | Diff | Check Income Split | ||
| 161,015.52 | - | - |
| Expenditure Administration Cleaning Equipment Misc Tescos Repairs Resources Salaries Salaries ASC Salaries PG Subscriptions Training Utilities Unique Item PG Unique Item ASC |
1,064.14 5,375.28 443.00 310.34 - 1,264.07 106.13 27,774.00 32,201.27 69,414.46 2,015.76 918.24 4,262.54 6,052.31 36,973.26 188,174.80 |
||
|---|---|---|---|
| Per Lloyd's Expenditure Tab | Diff | ||
| 188,174.80 | - |
| Income- Unverified items to documentation | Income- Unverified items to documentation | Income Sample Size | Income Sample Size |
|---|---|---|---|
| 0.50 Total Amount | #REF! | ||
| 0.0% Percentage of Income | #REF! | ||
| Auditor Comments | |||
| immaterial difference; all other documentation | |||
| tied to electronic accounts | |||
| Expenditure- Unverified items to documentation | Expenditure Sample Size | ||
| 0.00 Total Amount | #REF! | ||
| 0.0% Percentage of Expenditure | #REF! | ||
| Auditor Comments | |||
| electronic accounts | |||
| Total Sample Size | |||
| #REF! | |||
| #REF! |
Balance Sheet as at 31st August 25
| £ Fund balance b/f as at 1st September 24 43,711.41 Total in-year Income 161,015.52 Total in-year Expenditure 188,174.80 - Fund balance to c/f as at 31st August 25 16,552.13 £ COIF balance b/f at 1st September 24 45,608.53 Total in-year Income - Total in-year Expenditure - COIF balance c/f at 31st August 25 45,608.53 £ ASC Grant balance b/f at 1st September 25 - Total in-year Income 31,806.80 Total in-year Expenditure - ASC Grant balance c/f at 31st August 25 31,806.80 |
Please Enter Current Lloyd's If Diff ≠ 0 Check & |
Please Enter Current Lloyd's If Diff ≠ 0 Check & |
|---|---|---|
| Lloyd's Balance | Diff | |
| 16,592.13 | 40.00 | |
| Please Enter Current COIF If Diff ≠ 0 Check & |
||
| COIF Balance | Diff | |
| 45,608.53 | - | |
| Please Enter Current ASC If Diff ≠ 0 Check & |
||
| ASC Grant Balance | Diff | |
| 31,806.80 | - | |
| YE Declaration ASC £ PG £ Debtors Outstanding at 31st August 25 - - |
26th September 2025
The accounts have been reviewed to the backing documentation, and represent a true and fair view - with any comments noted in the analysis above
James Brooker FCMA, CGMA
Holy Apostles' Pavilion Group 2024/2025
Financial Statement
Income and Expenditure Account
| Income After School Club Pre School Joint Fees Third Party Fee's GCC Grant Other income Interest |
77,816.51 81,068.72 2,130.29 161,015.52 36,189.80 24,385.18 66,375.81 32,015.44 2,049.29 161,015.52 1,064.14 5,375.28 443.00 310.34 - 1,264.07 106.13 27,774.00 32,201.27 69,414.46 2,015.76 918.24 4,262.54 6,052.31 36,973.26 188,174.80 |
Per Lloyd's Income Tab Diff 161,015.52 - Per Lloyd's Expenditure Tab Diff 188,174.80 - |
Per Lloyd's Income Tab Diff 161,015.52 - Per Lloyd's Expenditure Tab Diff 188,174.80 - |
|
|---|---|---|---|---|
| Check Income Split | ||||
| - | ||||
| Expenditure Administration Cleaning Equipment Misc Tescos Repairs Resources Salaries Salaries ASC Salaries PG Subscriptions Training Utilities Unique Item PG Unique Item ASC |
||||
| Per Lloyd's Expenditure Tab | Diff | |||
| 188,174.80 | - |
| Income- Unverified items to documentation | Income Sample Size |
|---|---|
| 0.50 Total Amount | 107,621.51 |
| 0.0% Percentage of Income | 67% |
| Auditor Comments | |
| One invoice receipt tested underpaid by 50p - immaterial difference; all other documentation tied to electronic | |
| accounts | |
| Expenditure- Unverified items to documentation | Expenditure Sample Size |
| 0.00 Total Amount | 122,900.65 |
| 0.0% Percentage of Expenditure | 65% |
| Auditor Comments | |
| All documentationprovided tied to the electronic accounts | |
| Total Sample Size | |
| 230,522.16 | |
| 66% |
| Balance Sheet as at 31st August 25 £ Fund balance b/f as at 1st September 24 43,711.41 Total in-year Income 161,015.52 Total in-year Expenditure 188,174.80 - Fund balance to c/f as at 31st August 25 16,552.13 £ COIF balance b/f at 1st September 24 45,608.53 Total in-year Income - Total in-year Expenditure - COIF balance c/f at 31st August 25 45,608.53 |
Please Enter Current Lloyd's Balance If Diff ≠ 0 Check & Update Tabs |
Please Enter Current Lloyd's Balance If Diff ≠ 0 Check & Update Tabs |
|---|---|---|
| Lloyd's Balance | Diff | |
| 16,592.13 | 40.00 | |
| Please Enter Current COIF Balance If Diff ≠ 0 Check & Update Tabs |
||
| COIF Balance | Diff | |
| 45,608.53 | - | |
| YE Declaration ASC £ PG £ Debtors Outstanding at 31st August 25 - - |
26th September 2025
The accounts have been reviewed to the backing documentation, and represent a true and fair view - with any comments noted in the analysis above
----- Start of picture text -----
SIGN
----- End of picture text -----
----- Start of picture text -----
James Brooker FCMA, CGMA
----- End of picture text -----