## **DIRECTOR’S REPORT**
This report remains simple as always with the well run and vibrant Pre-school that we are.
My main task of thanking everyone involved in the school for all their efforts in maintaining the extremely high standards at the Pre-school.
As always, special thanks must be extended to Claire and her fantastic staff for all their hard work and wonderful dedication over the year.
Special thanks go to Tina who has the accounts under control; however as always even though we are nearly full we do have to be aware of rising costs and that the books must balance! We have this year produced a larger deficit than previously.
The increase is partly due to the increase of the National Wage, Workplace Pensions and also with very little increase in Government funding as well as the economic crisis we are faced with.
Tracey is as priceless as ever her drive and commitment to fundraising and organisation which is very much appreciated.
A final thank you to the other directors, parents and children who have made my job enormously easy!
Neal Greenslade Director December 2022
**GALMPTON PRE-SCHOOL LIMITED**
## **RECEIPTS AND PAYMENTS - FINANCIAL YEAR 1 SEPTEMBER 2021 – 31 AUGUST 2022**
**----- Start of picture text -----**
INCOME £
Fees received including TEY funding 120,969.73
Other inc. milk refund, food vouchers 698.78
Interest received from Contingency fund 4.28
TOTAL INCOME 121,672.79
Accumulated income as at 01.09.21 36,446.15
TOTAL 158,118.94
Less EXPENDITURE
Wages, including staff statutory holiday pay. 94,285.44
Tax and NI 9,477.37
Insurance 774.72
Craft materials, stationery, equipment 913.57
(including capital expenditure) subscriptions
etc.
Rent 12,269.55
**----- End of picture text -----**
**----- Start of picture text -----**
Petty Cash (milk, breakfast club, snack time, 1,932.97
after school club, cookery materials, small
material purchase and stationery etc.)
Training Courses 855.64
Nest Pension 3,741.99
Other (Broadband, Tapestry, staff uniform, 3,755.80
refund of fees etc)
TOTAL EXPENDITURE 128,007.05
**----- End of picture text -----**
**An accumulated fund of £30,111.89 will be carried forward to the next fiscal year commencing 1[st] September 2022, made up as follows:**
**Current Account £20,960.90 Contingency Account: £9,150.99**
**In addition, the Fundraising Account stands at: £983.07**
**I have examined the books and records of Galmpton Pre-school, and confirm that, in my opinion, the above figures represent a true and accurate summary of the accounts for the period of 1 September 2021 - 31 August 2022.**
**Signed…………………………....................P.J.Chase A.I.B December 2022**
## GALMPTON PRE-SCHOOL LIMITED FINANCIAL YEAR 1 SEPTEMBER 2021 - 31 AUGUST 2022
**EXPENDITURE**
## **INCOME**
|**Term**|**Wages**|**Petty Cash**|**Rent**|**Materials**
**Subs/Comp**
**Sundries**|**Tax**
**& N.I.**|**Training**|**Insurance**|**NEST Pension**|**Other**|**Fees**|**Milk**
**Refund**
**etc**|
|---|---|---|---|---|---|---|---|---|---|---|---|
||**94,285.44**|**1932.97**|**12,269.55**|**913.57**|**9477.37**|**855.64**|**774.72**|**3741.99**|**3755.80**|**120,969.73**|**698.78**|
|||||||||||||
|**EXPENDITURE**
**TOTAL**|**£128,007.05**||||||||**Contingency**
**Fund**
**Interest**
**TOTAL**
**INCOME**|**_£4.28_**
**_Plus_**
**_£121,668.51_**
**_£121,672.79_**||