## **- 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
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SIGN
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James Brooker FCMA, CGMA
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