GALMPTON PRE-SCHOOL LIMITED
FINANCIAL YEAR 1 SEPTEMBER 2023 – 31 AUGUST 2024
This year has been another challenging year financially and we have produced an even larger deficit than last year. We remain ever hopeful that the next academic year will prove to be less of a challenge especially with the introduction of the new 2 year funding which was implemented in April and as more parents take advantage of the 30 hour entitlement funding scheme.
A group of our Mum’s took part in a sponsored run to raise funds for our Pre-school and we had another successful Christmas Fayre. We are needing to enrol more parents on our Fundraising Committee so we will be endeavouring to replenish our fundraising account significantly in the new academic year.
Accounts are attached for the year.
Tina Canning Treasurer 13 December 2024
GALMPTON PRE-SCHOOL LIMITED
RECEIPTS AND PAYMENTS - FINANCIAL YEAR 1 SEPTEMBER 2023 – 31 AUGUST 2024
| INCOME | £ |
|---|---|
| Fees received including TEY funding & Sponsorship Fees | 136,109.58 |
| Interest received from Contingency fund | 134.78 |
| TOTAL INCOME Accumulated income as at 01.09.23 TOTAL |
136,244.36 30,480.95 166,725.31 |
| Less EXPENDITURE | |
| Wages, including staff statutory holiday pay. | 106,562.97 |
| Tax and NI | 15,566.50 |
| Insurance | 835.62 |
| Craft materials, stationery, equipment (including capital expenditure) subscriptions etc. |
766.74 |
| Rent | 13,842.16 |
| Petty Cash (milk, breakfast club, snack time, after school club, cookery materials, small materialpurchase and stationery etc.) |
1,050.00 |
| Training Courses | 130.00 |
| Nest Pension | 5,978.01 |
| Other(Broadband, Tapestry, staff uniform, refund of fees etc) | 1,468.73 |
| TOTAL EXPENDITURE | 146,200.73 |
An accumulated fund of £20,524.58 will be carried forward to the next fiscal year commencing 1[st] September 2024, made up as follows:
Current Account £11,156.19 Contingency Account: £9,368.39
In addition, the Fundraising Account stands at: £37.82
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 2023 - 31 August 2024.
Signed…………………………....................P.J.Chase A.I.B
December 2024
GALMPTON PRE-SCHOOL LIMITED FINANCIAL YEAR 1 SEPTEMBER 2023 - 31 AUGUST 2024
EXPENDITURE
INCOME
| Term | Wages | Petty Cash | Rent | Materials Subs/Comp Sundries |
Tax & N.I. |
Training | Insurance | NEST Pension | Other | Fees |
|---|---|---|---|---|---|---|---|---|---|---|
| 106,562.97 | 1050.00 | 13,842.16 | 766.74 | 15,566.50 | 130.00 | 835.62 | 5978.01 | 1468.73 | 136,109.58 | |
| EXPENDITURE TOTAL |
£146,200.73 | Contingency Fund Interest TOTAL INCOME |
£134.78 Plus £136,109.58 £136,244.36 |