st Mlchael's Woolmer Green Pre-school
statement of Financlal Actlvltles
Ft)r the Perlod ended 31st Awt 2024

ORT
St hlichoel's Pr•-school Is o pt
12 Londan Ilood
Woolmer FJMen
Hertfordshire
$63 6JP
isloped ck
Chair
Secretary
Treasurer
Ellena LSoyd
Ellie Fitzgerald
Zoe Nicholls
St Michael's Pre-school is a thrivitr)g and Ju¢¢es5ful Early Years Foundation Stage ￿tting in which ehildr£n
f rom 2 yeor$ until $¢hool dqe develop and learn throuqh play in a seeure and safe environment.
Achle
St Miehael's Pre-school has a '6ood' 9rade f rom Ofsted following an inspection in Juty 2022.
Pre-school made a healthy yedr-end surplus of £15,458. primarily dttributtd to a f ull intake of chlldr%n, an
incr¢as¢ in fees and f undln9, and d well managed budget. despite higher costs. The pre-$¢hool was fortunate to
be in a strong position as of Au9USt 2023 and this year ihvested hedvity in the settiry. makin9 improvements to
the buildin9 and nature area as well ¢u purchaslng a variety of new resources ond fully $tockin9 our suppll¢s. We
have invested In our staf f ing team, having re¢ruit¢d 2 further apprentices in thelot 6 months. OS well a*
promolin9 and Incr¢osing wage$ for th¢ ¢xistin9 emphyees. The s*aff and committee want to ¢n$ur¢ that the
¢hildren have the best learnin9 ¢nvironment pD$$ible ap)d continuously strive to improve the pre-sehool.
Fundraising has been $t¢ady with successful events at Christmas and Eastv. The Pre-school ¢ontlnibes to retai
healthy cash surplus in its depo$it account.
Projected attendance tor the comin9 ￿adeMiC y￿r Is excellent. with a f ull intake expected by January 202J.
as well os o waitin9 list, We anti¢ipot¢ th¢ extenslon of the gov¢rnmEnt's f ree childcare $chem¢ lo contirw to
boost hours/$usions attended. We hav¢ chosen not to increose our fee$ thi$ September 2024, b¢Jt plan to
extend our op¢ning hours, a8 well as introdu¢in9 tin increased charge rate for tJdho¢ attendance. Our
MI￿agement team hav¢ worked hard over the last year to gr¢atly approve the pre-schogl, purchagin9 new
re$ourees. supplies and storing appropriately, so that these can be rotated year after year, without need tg
keep repltscin9lrepurcha$in9 Items.. The pre-school has also invested signif icantly in the outdoor areo, where we
ngw hav¢ a hobbi* house, as well a8 a sensory path. ¢limbin9 ropes. sand pil ond many other improved arias. We
look forward to seeing the children playin9 and enjo￿.￿9 th¢ area over years to ￿m￿. We on*i¢ipat¢ the Med to
invest f uther in *h¢ buildin9 thls year. The existin9 buidlin9 Keds repair$, and we a￿0 plon to extend to help u$
accomodate fLtrther children. We hope to fundrais¢ for this, as well as applying for relevant 9r¢ints. The
commitlrx recognises the heed to mointtiin a healthy le￿1 ¢1 income and will ￿￿tIn$je to control experditure
Zoe Nicholls
Treosurer
Ellena Lloyd
Chair
Doted: 5 October 2023

Indepefident Exan￿nerS Report to t￿ Trust4es of
St Michael's Woolnxr 6re¢n Pr¢-S¢hool
on the Fimnclal Statsm¢nts for the Y¢or Ended 31st Auswst 2024
I report on the aceounts of the charity for the year ended 31st Au9uSt 2024, which are set out
on the following wes.
kespectlve responslbllltles of *n￿te¢S and examln
As the charity's trustees you are responsible for the preparation of the o¢counts.' you Consider that
the oudit re9uirement of Section144(2) of the Charities Act 2011 (the 2011 Act) does not apply.
It is my reSPDnsibility to,,
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General tjirections of the Charity Commission
(under Section 145(5)(b) of the 2011 Act): and
to state whether particular iThatters have Come to our attention.
Bosls of Ind¢p¢nd¢nt ¢¥amln¢r's report
My exdmimtion carried out in accordan¢¢ with th¢ General Directions given by th¢ Charity
Commission. An examination includes a review of the a¢¢ounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideratlon of
any unusual items or disclosures in the accounts, and seekir8 explanation$ f rom you as trustees
concernin9 any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit. and Gonsequently w¢ do not express an audit opinion on the view
9iven by the accounts.
Indepv￿ent examin¢r's stat¢m¢nt
In connection with my examination, no matter has come to my attention..
(i)
which 9ives me reasomble cause to believe that in any moterial respect the requirements
to keep accountin9 records in acGordon¢e with section 130 of the 2011 Act,. and
to prepare accounts which a¢￿rd with the aceountin9 records and to comply 4vith the
accounting requirements of the 2011 Act have not been met.. or
to which, in my opinion. attention should be drawn in order to emble a proper
understanding of the accounts to be reached.
(2)
Beverley Turner FCA CTA ACG
30 The Avenue
Welwyn
Herts
AL6 OPP
6 November 2024

ST.MICHAELS WOOLMER 6REEN PRE-SCHOOL
BALAN￿ SHEET AS AT 31ST AU6UST ZOZ4
2024
2023
ASSETS
Current Account
Deposit Accounts
Less o/s Chqs
Petty Cash
1,100
85.423
1,100
69.965
86.523
71.065
CURRENT LIA8ILrrIES
NEf CURkEKf ASSErs
86,523
71,065
REfAINED PROFrrs
Retained f unds brought f orward
Retained funds surplus/deficit f or the year
71,065
15,458
40.259
30,806
86,523
71,065
Opening Cash Balance
71,065
40,259
Receipts
Payments
141,470
126.013
86,523
126,505
95,699
71,065

STATEMENT OF INCOME a EXPENDrnIRE FOR ST. MICHAEL'S PRE-SC1400L
For Period; 0110912023 to 31/0812024
2023-2024
2022-2023
D4COME
Fund Raising Income - ProJeets
Easyf undrai$in9
Milk R¢imbursem¢nts
Administrdtloh Fees
Amazon Srnile
Just Giving
HCC Fundirg
Fees
6ronts
SSP 6rant R¢¢laimed
Gift Aid
School Trip
Bank Interest
3,142
85
209
810
2,271
123
159
570
157
101,646
34.152
95,121
26.673
1,000
308
130
989
141,470
201
(24)
254
126,505
Total:
EXPENE*rrvRE
NET Staff Salaries Paid
Employers N.[.
Ernployers Pensions
Resources
Rent
Woter Rates
Premises Insuran¢e
Business Rates
Ele¢tri¢ity
Printing
Postage and Carriage
Phone & Broadband
stationery
8ooks, Magazines et¢.
Milk Purchases
Child Equipment
Off ice Equipment
Staf f Gif ts
County Supplie8
Audit and Accountancy Fees
Recruitment
Cleanin9
Premises Mointenan¢e
Fire Sofety
Subscriptions
Trainin9 Costs
Ref reshments / St4ff Welfap¢
DBS
Fundroi$in9 purchas¢$
6eneral expenses
Children's 6iftslkef reshm¢nts
Smck pur¢hoses
SEND support
First Aid supplies
78,373
4,674
2,268
2,687
3,1
65,216
3,880
2,171
957
3.100
198
I,Q13
906
2.385
71
79Q
556
1.763
623
897
162
13
271
1,675
1,696
538
1,485
52
807
187
479
1,209
461
2,054
102
120
16
7,236
166
295
524
262
185
ioi
1,597
1.432
15,478
94
282
1.786
166
228
1.317
1,138
257
663
1,297
62
126,013
Total:
95,699
SurphJsl(d¢f icit) for the year
15.458
30.806