2023-07-31-accounts

Financial review

Financial highlights

• Total income £83,436

• Total expenditure £85,429

• Net expenditure £1,993

• Net core income £136

• Net non-core expenditure £2,128

• Net assets / Total funds carried forward £17,975

• Total net fundraising £1,044.

Overview & key financial activities

Income

Fees

• Fees and funding income totalled £78,870 (2022: £85,269). This is lower than last year’s total, with children numbers remaining positive but with fewer sessions being taken per child.

• The fee rate charged for fee-paying sessions was raised to £6.50 per hour for children aged three and above, and at £7.00 per hour for children aged less than three. This was mainly driven by the increase in minimum wage, however with no increase in the previous year, it was decided this was important for the overall affordability of the pre-school whilst keeping it in line with other similar organisations in the area.

• Included within the funding figure is the Government’s Early Years Pupil Premium (EYPP) initiative for children from low income families. Monies received for each child under this scheme must be spent on that individual child in a way in which staff and key-persons consider beneficial for his or her needs and development. This was spent during the year on toys, dolls and sensory items.

Fundraising

• The sponsored Run-Around-the-Windmill raised £835.50

• The car boot sale raised £140

• The sale of Christmas cards raised £40.50

• Easyfundraising raised £28.

Grants & Donations

• Grants and donations include £2,100 received from the Thaxted Fayre Trust.

Expenditure

Wages

• The total wages cost for the year amounted to £72,265 (2022: £70,531) Which is higher than last year which in part is down to a substantial increase in minimum wage.

• No employer’s NI contributions were payable as all amounts due were off-set in full by the Government’s annual tax year allowance of £5,000.

• Employer pension contributions totalled £1,184.

• Core non-discretionary costs must be met from core income i.e. from fees and funding and not from fundraising. As the majority of sessions are funded rather than feepaying, the Pre-School’s core income is largely constrained by the funding rate, and wages consequently restricted. Having more fee-payers currently on the register

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allows more flexibility but this has to be balanced against our ethos of affordable fee rates.

• We value our staff highly and endeavour to reward them as well as we can within the constraints of our income streams and in a way that is sustainable. Wage rates are reviewed in conjunction with the Government’s increase to the minimum wage rate in April of each year.

Rent & Insurance

• Rental costs totalled £5,614 (2022: £5,645), at a rate of £6.05 per hour. There has been minimal change year to year.

• The insurance premium increased from £679 to £806.

Non-Core

• Non-core expenditure overall amounted to £6,706, approximately £1,750 less than last year.

• Spending on equipment amounted to £1,577.

• Consumables totalled £2,230, £333 higher than last year’s figure, with a switch to bulk buying of cleaning products.

• Administration costs amounted to £251, encompassing internet costs, an advertisement for a job vacancy and the standard annual fees from the Information Commission and Companies House.

• £850 of training costs

• Book-keeping and payroll costs totalled £1,007.

• Other costs comprise the costs of the Coronation celebrations and activities, the Mother’s Day breakfast, school lunches, parties, stay and plays, a music and dance workshop, and a range of small thank you gifts.

Net Assets at year end

Net assets stand at £17,975, a decrease of £1,993 from last year.

Assets

• Debtors at year end amounted to £548, in respect of the pre-paid portion of the insurance premium (i.e. that part of the premium paid in this financial year but which relates to the next financial year).

• Total cash stood at £23,249, comprising the current account. Although all cash reserves, including those set aside as the redundancy reserve (see below), are held in one single account, separate balances are however maintained within the accounting records to ensure that the potential redundancy pay liability continues to be covered.

Liabilities

• Creditors amounted to £5,849 in respect of August’s gross wages (£5,216) and employer pension contributions (£90), plus pension contributions (£516).

Provisions for Liabilities

• There were no provisions.

Total Pre-School Funds (Reserves)

The Pre-School has three reserves: the income and expenditure account, and the redundancy and wages reserve accounts. The balances on the first two comply with the Reserves Policy

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but the balance on the wages reserve is less than the minimum at year end. The directors / trustees agree that this is acceptable in the short term in the expectation that sufficient additional sessions will be taken up during the course of the forthcoming year to cover the deficit.

Income & Expenditure

• The income & expenditure account receives all income, and services all expenditure. Its purpose is to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The balance is required to fall within the range of the average of the previous three year’s net non-core expenditure as the minimum and twice that as the maximum. Currently the reserve is outside these limits and the Trustees are putting a plan in place to resolve this.

• There have been no transfers between reserves this year. After the loss of £2,020, the balance stands at £2,470.

Redundancy Reserve

• Having no assets which could be realised to cover statutory redundancy pay obligations should the Pre-School ever be wound up, the redundancy reserve ringfences sufficient funds to cover those obligations. Transfers are made between the income & expenditure account and the redundancy reserve based on the calculation of that liability. The balance is required to be at least equal to the total potential liability.

• There was no movement on the redundancy reserve in the year.

• The balance is equal to the potential redundancy liability as re-calculated in November 2022. The Trustees will review this again in the 2023/24 accounting period.

Wages Reserve

• The wages reserve was created as a result of the budget review in 2011/2012, setting aside sufficient funds to cover the expected core deficit for 2012/2013, and for future years if required, thus allowing staffing levels to be retained. The minimum balance is to be equal to the budgeted deficit for the coming year and the maximum to be equal to that deficit plus £3,000. No amendment has been made in during 2022/23 and the Trustees will review again in the 2023/24 accounting period.

• There have been no transfers between reserves this year. The balance on the wages reserve stands at £9,620.

Going Concern

• The directors / trustees are of the view that the company is a going concern and the financial statements have been drawn up accordingly.

Areas of Risk and Uncertainty

Income

• The directors / trustees have identified the reliance on the funding rate as the primary source of income as a potential risk in terms of having little control over the levels of income receivable. The recent increases to this rate have been minimal with little effect on the total receivable especially with the effect of minimum wage increases.

• Additionally, the number of children able to attend each session is limited by the capacity of the community hall in which the sessions are held, and also by the statutory staff to child ratios.

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• The purpose of the wages reserve is to protect against any detrimental effect these areas may have on wage rates and staff retention.

Wages

• With the expectation that the statutory minimum wage will continue to rise each year, the Pre-School’s wage rates will in future be largely determined by that rate, thus significantly reducing control over by far the largest proportion of total costs. Applying the increases only as legally required and thereby reducing differentials would potentially lead to staff dissatisfaction.

• Wage costs are to an extent determined by Ofsted’s staff to child ratios, which govern the overall staff structure and work rota.

• Recruitment can be quite difficult in terms of the qualifications required, and the financial viability of creating any additional post (or increasing existing staff’s sessions) to accommodate new children or extra hours requested for existing children, still has to be carefully assessed, balancing the additional cost incurred against the opportunity to augment income.

The overall outlook for the Pre-School is positive. Crucially, register numbers are now sustained at a much improved level, with a more even spread of ages, thus removing the problem of starting each new academic year with very few children, and smoothing child numbers and staffing requirements across the year to a much greater extent.

Redundancy Reserve

• The risk of redundancy for any or all members of staff is now greatly reduced as the number of children on the register has stabilised at more normal higher levels.

• Maintaining the redundancy reserve at a sufficient level to cover potential redundancy pay liabilities will, however, begin to become more of a significant issue with all staff being entitled by the end of the next financial year.

This area of risk therefore is not of immediate concern in terms of both the amount of the liability and also the capacity within the finances to cover it. The directors / trustees will however need to be mindful of this becoming an issue again in the future as the potential liability increases each year.

Directors / Trustees

• The Board / Committee, with the exception of the Ofsted-nominated person who is normally the Pre-School manager, comprises parents of children attending the PreSchool and is wholly reliant on those parents volunteering to become a Director / Trustee. Without sufficient numbers, the Pre-School would have to cease.

This area of risk is becoming more concerning as parents are seeming to be less willing to be involved in the running of the Pre-School. The process of converting the company to a Charitable Incorporated Organisation is ongoing and will certainly reduce the risk around suitable trustee numbers being maintained.

General – Registration and Operating Hours

• Generally, the working hours of our staff will adjust based on the number of children present. Nonetheless, adhering to staff-to-child ratios—particularly the necessity for an additional staff member per child over the ratio and the inclusion of one-to-one care for children with special educational needs (SEN)—does not always lead to an optimal balance between revenue and expenses.

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• Additionally, when the number of children is on the lower end, the staffing levels required by these ratios may not be adequate for practical purposes.

• Achieving the most efficient daily balance of child numbers and staff levels can be challenging. Existing parents might not be able or willing to change their current sessions, and new parents might not be flexible with the specific sessions available, potentially leading to suboptimal income and higher wage costs.

General – Facilities

• Our Pre-School operates out of the local community hall and does not own its own building. Consequently, there's a constant risk of needing to find alternate facilities if the lease is terminated or if the hall becomes unusable due to fire or other damage. While losing our lease is highly unlikely given our status as the primary user of the hall, the possibility of damage is as likely as it is for any organisation. In such an event, we would rely entirely on the hall's management to restore the building, either through repairs or reconstruction. In the short term, other locations in Thaxted might be available, but securing long-term accommodations could prove challenging.

Structure, governance and management

The Windmill Pre-School is a charitable company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per director / trustee of the charity. The company was incorporated in England and Wales on 21 January 2004 but did not commence trading until 31 December 2004. Prior to that date, it operated as a committee-run charitable association; its accumulated assets and liabilities were transferred into the company as of 31 December 2004. The governing document comprises the Memorandum & Articles of Association dated 21 January 2004 as amended by Special Resolution dated 18 March 2014.

Directors / trustees are sought and recruited on a voluntary basis from the parents of children attending the Pre-School. They are appointed to the Committee at the Annual General Meeting by way of a proposal and a seconding by the existing directors / trustees, or if necessary at other times of the year by the same method in a general committee meeting. They are appointed for one year but may be re-elected for each subsequent year that their children are registered with the Pre-School, subject to a maximum of six years. The Committee consists of:-

• a Chair, a Treasurer and a Secretary (the Committee Officers); and

• not less than two nor more than nine elected members; and

• if the Committee so decides, not more than three members co-opted by the Committee.

Upon appointment, they are required to undergo a Disclosure and Barring Service check. Once certification is received, they are registered with Companies House; they then complete Ofsted’s Early Years registration, after which they are registered with the Charity Commission.

No director / trustee receives any remuneration in their capacity as director / trustee. However, we are required to appoint an Ofsted nominated person as a director and this person is the Pre-School Manager, the senior member of staff who is responsible for the day to day running of the Pre-School, and who receives an hourly wage rate for those duties.

Reference and administrative details

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Company Name: The Windmill Pre-School (exemption from requirement to use the word “limited” applied for and granted upon registration as a company.) Charity Number: 1106496 Company Number: 5021469 Registered Office: Bolford Street Hall, Bolford Street, Thaxted, Dunmow, Essex, CM6 2PY Principal Place Bolford Street Hall, Bolford Street, Thaxted, Dunmow, Essex, of Business: CM6 2PY

Directors / Trustees

The directors of the charitable company are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:

Directors serving at year end:

Chair: J Blackburn (elected 29 March 2022, registered 16 September 2022) Secretary: C Sheehan (elected as Director 29 March 2022 and as Secretary 18 May 2022, registered 1 March 2023) Treasurer: L Burkle (appointed 25 September 2020) Director: N Schillaci (appointed 6 April 2020) Director: K Woodhouse (elected 29 March 2022, registered 25 September 2022) Director & Manager: A Guney (appointed 23 July 2020)

There were no directors appointed after year end.

A delay will always occur between the election of a director / trustee and the formal appointment with Companies House and Charity Commission due to the DBS check and EY2 registration requirements and certification thereof.

This Report has been prepared under the small companies regime.

Signed on behalf of the Directors / Trustees:

…………………………

Name: ………………………… Date: ……………………

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Company Number: 5021469

The Windmill Pre-School

Registered Charity No. 1106496 Financial Statements for the year to 31 July 2023

Statement of Financial Activities (incorporating the Income & Expenditure Account)

Note Income Income from Donations Donations 3 Income from charitable activities Provision of Pre-School Education & Care Fees & Funding 4 Special Needs Funding Other 5 Income from other trading activities Fundraising Receipts 6 Total Income Expenditure Expenditure on raising funds Fundraising Expenses 6 Expenditure on charitable activities Provision of Pre-School Education & Care Wages 7 Hall Hire Insurance PSLA Membership OFSTED Registration Repairs & Renewals Equipment 8 Consumables 9 Administration Costs Training Book-keeping & Finance Bad Debt 10 Other 11 Total Expenditure Net Income / (Expenditure) for the year Reconciliation of Funds Total Funds brought forward Total Funds Carried Forward	Unrestricted Funds 2022/2023 £ £ 3,475.00 3,475.00 78,870.42 0.00 32.08 78,902.50 1,058.75 83,436.25 15.00 72,264.86 5,614.15 805.82 0.00 50.00 0.00 1,577.11 2,230.02 250.80 850.42 1,006.50 0.00 764.20 85,413.88 85,428.88 (1,992.63) 19,967.99 17,975.36	Unrestricted Funds 2021/2022 £ £ 0.00 0.00 85,268.85 0.00 766.66 86,035.51 47.81 86,083.32 0.00 70,530.77 5,644.65 679.20 109.25 50.00 170.53 2,848.00 1,897.11 522.63 678.90 1,500.00 66.00 772.38 85,469.42 85,469.42 613.90 19,354.09 19,967.99	Unrestricted Funds 2021/2022 £ £ 0.00 0.00 85,268.85 0.00 766.66 86,035.51 47.81 86,083.32 0.00 70,530.77 5,644.65 679.20 109.25 50.00 170.53 2,848.00 1,897.11 522.63 678.90 1,500.00 66.00 772.38 85,469.42 85,469.42 613.90 19,354.09 19,967.99
			85,469.42
			613.90
			19,354.09
			19,967.99

Company Number: 5021469

The Windmill Pre-School

Registered Charity No. 1106496 Financial Statements for the year to 31 July 2023

Balance Sheet @ 31 July 2023 Note Current Assets Debtors 12 Cash at bank and in hand 13 Total Current Assets Liabilities Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Provisions for Liabilities Total Net Assets The Funds of the Windmill Pre-School Unrestricted income funds 15 Income & Expenditure Account Redundancy Reserve 16 Wages Reserve 17 Total Charity Funds	2023 £ 547.69 23,249.08 23,796.77 (5,821.41) 17,975.36 17,975.36 0.00 17,975.36 2,497.13 5,858.59 9,619.64 17,975.36	2022 £ 531.98 25,745.70
		26,277.68 (6,309.69)
		19,967.99
		19,967.99
		0.00
		19,967.99
		4,489.76 5,858.59 9,619.64
		19,967.99

Audit Exemption Statement

For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilties:

• the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

• the directors acknowledege their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts;

• these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Signed: ……………………………………………………………..

Name: ……………………………………………………………..

Date: ……………………………………………………………..

Company Number: 5021469

The Windmill Pre-School

Registered Charity No. 1106496 Financial Statements for the year to 31 July 2023

Notes to the Financial Statements

Note 1

• 1.1.1 The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

• 1.1.2 The accounts have been prepared in accordance with:

  • a) the Statement of Recommended Practice: Accounting & Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) effective 1 January 2015 (Charities SORP (FRS 102));

  • b) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102);

  • c) Companies Act 2006;

  • d) Charities Act 2011.

• 1.1.3 The company has one sole charitable activity; it is therefore considered more beneficial to disclose the key items of income and expenditure on the Statement of Financial Activities, under the heading of that charitable activity, rather than in the notes.

• 1.1.4 All monies are held as an unrestricted fund as defined by Charities SORP (FRS 102); the requirement to analyse funds into unrestricted, restricted and endowment does not therefore apply. In lieu of having no disposable assets other than cash, a portion of the total unrestricted funds is designated at the directors' / trustees' discretion to a Redundancy Reserve. A further portion is similarly designated to a Wages Reserve. Furthermore, a small portion of County Council Funding is received under the Early Years Pupil Premium (EYPP) initiative for children from low income families; although not required to be held in specific trusts under charity law, these monies must be spent on the children concerned.

• 1.2 The Windmill Pre-School meets the definition of a public benefit entity under FRS 102.

• 1.3 The accounts have been prepared on a going concern basis.

• 1.4 The accounts have been prepared on the accruals basis of accounting: a) Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

  • b) Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

  • c) Donated goods are received primarily for re-sale or raffle at fundraising events and their related sales proceeds are recognised within fundraising receipts. Other occasional donations comprise second hand toys and books for on-going use; these are not considered to have a material nor easily identifiable value and are therefore not reflected in the accounts.

  • d) Income from interest on bank deposits is recognised when its receipt is probable and the amount receivable can be measured reliably; in practice this is upon receipt.

  • e) Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

  • f) Support costs comprise book-keeping services, all of which support the charitable activity. No allocation to fundraising activity is therefore required.

  • g) Debtors are recognised at the settlement amount due, prepayments at the amount pre-paid. h) Cash at bank and cash in hand includes the bank balance and petty cash.

• 1.4 i) Creditors and provisions are recognised where the charity has a present obligation resulting

from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Note 2

There were no related party transactions during the reporting period (2021/2022: none).

Note 3 Thaxted Fayre Trust Other	2022/23 £ 2,100.00 1,375.00 3,475.00	2021/22 £ 0.00
		0.00

Note 4

County Council funding is claimed for each child for each hour in attendance at pre-school from the start of the term following that in which they reach the age of three, unless a child's entitlement to funding is already being claimed by a separate childcare provider. In this case, and for children who are under three, fees are payable by the parents. In some circumstances, funding is available for under three year olds. Funding is additionally claimed for one-to-one care for special needs children.

Parents' Fees County Council Funding EYPP balance b/fwd EYPP portion of County Council Funding EYPP monies spent EYPP balance c/fwd Note 5 Non-Refundable Deposits Reclaim of Covid-19 Statutory Sick Pay Miscellaneous Income	2022/23 £ 16,312.49 62,557.93 78,870.42 2022/23 £ 310.05 886.00 (934.65) 261.40 2022/23 £ 0.00 0.00 32.08 32.08	2021/22 £ 20,517.00 64,751.85
		85,268.85
		2021/22 £ 307.98 484.95 (482.88)
		310.05
		2021/22 £ 30.00 176.65 560.01
		766.66

Sales of T-shirts, sweatshirts and sunhats are exclusive to children attending the Pre-School and therefore constitutes a charitable activity as opposed to a trading activity.

Note 6 Fundraising Receipts Less: Expenses Net Fundraising Note 6 (continued) Receipts Expenses	2022/23 £ 1,058.75 (15.00) 1,043.75 Net	2021/22 £ 47.81 0.00
		47.81
		Net

Sponsored Run-Around-the-Windmill Car boot sale Christmas Cards Amazon Smile Easyfundraising Note 7 Gross wages Employer's N I Contributions Employer's Pension Contributions (NEST)	£ £ £ 835.50 0.00 835.50 155.00 (15.00) 140.00 40.50 0.00 40.50 0.00 0.00 0.00 27.75 0.00 27.75 1,058.75 (15.00) 1,043.75 2022/23 £ 71,080.56 0.00 1,184.30 72,264.86	£ 0.00 0.00 10.50 28.33 0.00
		38.83
		2021/22 £ 69,464.91 0.00 1,065.86
		70,530.77

Employer's NI contributions were wholly offset by the Employer's NI Allowance of £5,000 (2021/22: contributions wholly offset).

No employees had employee benefits in excess of £60,000 (2021/22: nil) During the year, the Windmill Pre-School employed an average of 5 staff (2021/22: 5), 3 of whom worked part-time.

At balance sheet date, the pre-school was managed by 8 directors / trustees (2021/22: 6), none of whom are remunerated as directors / trustees. No expenses were incurred or reimbursed (2021/22: nil). One director / trustee is also the Pre-School Manager and as such receives an hourly wage for that role. The directors / trustees also perform the key management personnel functions.

Note 8

Equipment comprises multiple use, durable educational material and playthings, pre-school furniture and other such items, all of which are treated as revenue items. Costs are thus taken directly into income and expenditure. Of the total costs, £934.65 was from the EYPP portion of the ECC funding (see note 4) and a further £1,057 from another funding supplement for children living in specific post codes which are deemed to be less affluent.

Note 9

Consumables comprise limited use playthings such as art and craft items, activity-based items, stationery, food for the children's snacks, first aid items etc.

Note 10

There are no bad debts in 2022/23. (2021/22: Bad Debt relates to an unpaid fee.)

2022/23 2021/22 £ £

Note 11

180.00 Sports lessons 180.00 Graduation Party / Leavers' Gifts 0.00 Visits: Tiny Tempos 132.50 Christmas Party & Presents 0.00 Miscellaneous 0.00 Coronation/Jubilee Party 105.09 Mother's Day/Father's Day Breakfast 64.47 School Lunches 53.14 Stay and Plays 49.00 764.20 Note 12 2022/23 All debtors are short term: £ Pre-payments 547.69 547.69 Note 13 2022/23 £ Cash held at bank and in hand 23,249.08 23,249.08 Note 14 2022/23 £ Other creditors: HMRC re July's PAYE & NI 0.00 Pension creditor 515.77 General 0.00 Accruals: August '23 Standard Monthly Wage Amounts 5,215.84 August '23 Employer Pensions Contributions 89.80 5,821.41 Note 15 Reserve Accounts I & E Redncy Wages £ £ £ Balances brought forward 4,489.76 5,858.59 9,619.64 Net Income / (Expenditure) (1,992.63) Transfer Core Surplus to Wages Reserve Transfer from Wages Reserve Transfer to Redundancy Reserve Transfer from Redundancy Reserve Balances carried forward 2,497.13 5,858.59 9,619.64 Gifts: staff, new parents, examiner, for use of field_(2020/21: staff)_	191.14 0.00 209.35 50.00 109.58 (0.99) 146.80 26.85 39.65 0.00
	772.38
	2021/22 £ 531.98
	531.98
	2021/22 £ 25,745.70
	25,745.70
	2021/22 £ 436.24 0.00 49.47 5,731.47 92.51
	6,309.69
	Total £ 19,967.99 (1,992.63) 0.00 0.00 0.00 0.00
	17,975.36

The I & E reserve is a general reserve, Redundancy & Wages reserves are designated. All transactions in the first instance go through the I & E and then the relevant totals for the year are transferred between the reserves as appropriate at year end.

Note 15 (continued)

The balance on I & E reserve is below the limits set out in the Reserves Policy.

The Directors/Trustees are confident that sufficient additional sessions will be taken up during the course of the year to make up the shortfall.

Note 16

As the pre-school has no disposable assets, a redundancy reserve is maintained to cover the total potential redundancy liability in the event of needing to make the staff redundant. At year end, the balance of this reserve equals the liability. As no funds were held on deposit at balance sheet date the cash sum equivalent to this balance was held within the current account but accounted for separately within all accounting records and processes. (2021/22 - A cash sum equivalent to this balance was held within the current account.)

There was no movement in the redundancy reserve during 2022/23. A further review of the redundancy liability will be carried out by the Trustees in 2023/24 and the necessary transfer made to the reserve. At the end of 2021/22, the potential liability was increased by £3,898.91 to cover the additional liability for the extra year of service and also for three more members staff becoming entitled during 2022/23. This sum was transferred from the Wages Reserve.

Note 17

The Wages Reserve services core income and core expenditure. There was no movement in the Wages Reserve in 2022/23.

In 2021/22, there was a core surplus of £7,976.68 which was transferred from the Income & Expenditure Account to the Wages Reserve. However, £7,911.12 was then reversed back to the Income & Expenditure Account to cover a deficit on that account against the minimum balance required by the reserves policy. A further £3,898.91 was transferred to the Redundancy Reserve (see Note 16). (2020/21 - a core surplus of £8,366.28 was transferred from the Income & Expenditure Account into the Wages Reserve, and a total of £1,810.92 was transferred back to maintain compliance of the Income & Expenditure Account with the reserves policy.

(Core income consists of fees and funding income plus deposits; core expenditure consists of wage costs, rent, insurance, Pre-School Learning Alliance membership fees and OFSTED registration fees.)

The Windmill Pre-School Year Ended 31 July 2023

Summary of paperwork from Anne

Autumn 2022 Spring 2023 Summer 2023	EYPP IDACI Total 222.60 210.00 432.60 413.40 193.50 606.90 250.00 653.50 903.50
	886.00 1,057.00 1,943.00
	Fully spent? See green highlighted on "Bank trans" tab

The Windmill Pre-School Year Ended 31 July 2023

Split of Core and Non-Core Income & Expenditure

CORE Fees & Funding Wages Hall Hire Insurance PSLA Membership OFSTED Registration Repairs & Renewals NON CORE Donations Other Fundraising Receipts Fundraising Expenses Equipment Consumables Administration Costs Training Book-keeping & Finance Bad Debt Other Total income/expenditure for the year Per SoFA Difference	2023 78,870.42 72,264.86 5,614.15 805.82 - 50.00 - 78,734.83 135.59 3,475.00 32.08 1,058.75 15.00 1,577.11 2,230.02 250.80 850.42 1,006.50 - 764.20 6,694.05 - 2,128.22 - 1,992.63 - - 1,992.63 0.00	202 70,530.77 5,644.65 679.20 109.25 50.00 170.53 - 2,848.00 1,897.11 522.63 678.90 1,500.00 66.00 772.38 -
	15.00 1,577.11 2,230.02 250.80 850.42 1,006.50 - 764.20

£107 diff to disclosure

22 85,268.85 77,184.40 8,084.45 - 766.66 47.81 8,285.02 - 7,470.55 613.90 613.90 0.00	2021 60,272.84 46,429.22 4,490.50 674.45 113.09 50.00 - 51,757.26 8,515.58 1,629.00 360.95 1,688.39 20.84 2,402.16 648.82 385.40 12.25 1,500.00 - 674.38 5,643.85 - 1,965.51 6,550.07 6,550.07 -	2021 60,272.84 46,429.22 4,490.50 674.45 113.09 50.00 - 51,757.26 8,515.58 1,629.00 360.95 1,688.39 20.84 2,402.16 648.82 385.40 12.25 1,500.00 - 674.38 5,643.85 - 1,965.51 6,550.07 6,550.07 -
	20.84 2,402.16 648.82 385.40 12.25 1,500.00 - 674.38
		6,550.07
		6,550.07 -

The Windmill Pre-School Year Ended 31 July 2023

Reserve Policy Review

I&E = average of the previous 3 years net non-core expenditure Redundancy = should be equal to year end liability = the minimum balance is to be equal to the budgeted deficit for the coming Wages year and the maximum to be equal to that deficit plus £3,000.

2023 2022 2021	Average (minimum) Twice average (maximum)	Actual @ 31/08/2023	Defcit
2,128.22 7,470.55 1,965.51	3,854.76 7,709.52	2,497.13	1,357.63

Last calculated as at 30/11/2022

No 2024 budget provided

The Windmill Pre-School Year Ended 31 July 2023

The Windmill Pre-School Year Ended 31 July 2023
Income from Donations Fees & Funding Special Needs Funding Other FundraisingReceipts	B/fwd 1 2 - - - 2,100.00 - 85,268.85 85,268.85 - 78,870.42 - - - 766.66 766.66 - 1,407.08 - 47.81 47.81 - 223.25
Fundraising Expenses Wages Employer pension Hall Hire Insurance PSLA Membership OFSTED Registration Repairs & Renewals Equipment Consumables Administration Costs Training Book-keeping & Finance Bad Debt Other Unknown	- 69,464.91 - 69,464.91 1,065.86 - 1,065.86 5,644.65 - 5,644.65 679.20 - 679.20 109.25 - 109.25 50.00 - 50.00 170.53 - 170.53 2,848.00 - 2,848.00 1,897.11 - 1,897.11 - 275.35 522.63 - 522.63 678.90 - 678.90 1,500.00 - 1,500.00 66.00 - 66.00 772.38 - 772.38 65.56 - 65.56
Prepayments Bank balance Cash in hand Other creditors: General Other creditors: HMRC re July's PAYE & NI Other creditors: June & July pension contributions Accruals: August '23 Standard Monthly Wage Amounts August '23 Employer Pensions Contributions Income & Expenditure Account Redundancy Reserve Wages Reserve	531.98 25,740.64 82,876.10 5.06 - 49.47 - 436.24 - 5,731.47 - 92.51 - 3,941.42 - 548.34 - 5,858.59 - 9,619.64
	---

• 1 = P&L cleardown

• 2 = Bank receipts

• 3 = Expenditure

• 4 = Prepays reversal 5 = Prepayment

• 6 = Reverse wages accrual

• 7 = Enter wages accrual

• 8 = To enter June and July outstanding pension contributions

• 9 = Reversing prior year creditor re expenses owed to A Guney

• 10 = To split income between fundraising and donations per JB

• 11 = To adjust pension to reflect just employer element

• 12 = to enter petty cash transactions in the year

• 13 = To reallocate balance due to staff to other creditors

• 14 = to be re-entered in 2023/24 - balance due to A Gurney re expenses

3 4 5 6 7 8 9 10 11 - 1,375.00

1,375.00

70,452.90 - 6,167.71 5,215.84 1,579.53 2,250.77 - 92.51 89.80 515.77 - 1,579.53 5,614.15 821.53 531.98 - 547.69 50.00 1,403.30 1,929.85 - 49.47 250.80 850.42 1,006.50 492.50

• 531.98 547.69 - 85,367.66 244.94

49.47 436.24 - 515.77 5,731.47 - 5,215.84 92.51 - 89.80

- - - - - - - - -

	12		13		14		C/fwd
						-	3,475.00
						-	78,870.42
							-
						-	32.08
-	835.50					-	1,058.75
	15.00						15.00
							71,080.56
							1,184.30
							5,614.15
							805.82
							-
							50.00
							-
	173.81						1,577.11
	652.25			-	27.26		2,230.02
							250.80
							850.42
							1,006.50
							-
	271.70						764.20
							-
							547.69
							23,249.08
-	277.26		27.26				0.00
		-	27.26		27.26		-
							-
						-	515.77
						-	5,215.84
						-	89.80
						-	4,489.76
						-	5,858.59
						-	9,619.64
	-		-		-		-

The Windmill Pre-School Year Ended 31 July 2023

EYA (insuranc?) 821.53 x 8/12	2023 2022 547.69 531.98

The Windmill Pre-School

Year Ended 31 July 2023

Balance b/fwd Receipts Payments Diference writen of Balance c/fwd	£ £ 25,740.64 82,876.10 85,367.66 0.88 23,249.96
	108,617.62 108,617.62

Descripton

Month Type

Income Outgoing

Year

2022	Jul
2022	Aug	Funding	ECC	4,780.65
2022	Aug	Operatng	Internet		0.60
2022	Aug	Operatng	Internet		4.80
2022	Aug	Wages	Alina		47.77
2022	Aug	Wages	Emma		700.54
2022	Aug	Wages	Charlene		936.18
2022	Aug	Wages	Jo		678.35
2022	Aug	Wages	Claire		1,151.40
2022	Aug	Wages	Anne		1,660.43
2022	Aug	Wages	Anne		125.00
2022	Aug	Wages	Anne		49.47
2022	Aug	Wages	Nest - pension		215.86
2022	Sept	Operatng	Internet		0.60
2022	Sept	?	001504		144.94
2022	Sept	Funding	ECC	701.18
2022	Sept	Rent	Bolford St		605.00
2022	Sept	Wages	Anne		125.00
2022	Sept	Wages	HMRC		1,314.35
2022	Sept	Wages	Emma		727.49
2022	Sept	Wages	Charlene		944.93
2022	Sept	Wages	Jo		774.03
2022	Sept	Wages	Claire		1,122.52
2022	Sept	Wages	Anne		1,710.00
2022	Sept	Fees	Natonal Savings	330.00
2022	Sept	Wages	Nest - pension		227.75
2022	Oct	Fees	Millie Redgwell	414.00
2022	Oct	?	500252	770.00
2022	Oct	Fees	Megan Blackburn	1,260.00
2022	Oct	Fees	Max Frankel	385.00
2022	Oct	Fees	Natonal Savings	257.99
2022	Oct	Rent	Bolford St		574.75
2022	Oct	Consumables	Gompels		67.23
2022	Oct	?	YPO		94.63
2022	Oct	Training	Findel		101.38
2022	Oct	Fees	Alisha-Marie Day	770.00
2022	Oct	Funding	ECC	11,139.80
2022	Oct	Wages	Anne		125.00
2022	Oct	Wages	Emma		717.51
2022	Oct	Wages	Charlene		944.93
2022	Oct	Wages	Jo		788.27
2022	Oct	Wages	Claire		1,331.09
2022	Oct	Wages	Anne		1,584.11
2022	Oct	Wages	Nest - pension		237.28
2022	Nov	Funding	ECC	177.45
2022	Nov	Operatng	Internet		0.60
2022	Nov	Fees	Natonal Savings	180.00

2022	Nov	Operatng	Internet		16.80
2022	Nov	Actvites	Tiny Tempos		50.00
2022	Nov	Rent	Bolford St		544.50
2022	Nov	Wages	Emma		482.88
2022	Nov	Wages	Charlene		1,049.71
2022	Nov	Wages	Jo		799.34
2022	Nov	Wages	Claire		1,367.78
2022	Nov	Wages	Anne		1,539.75
2022	Nov	Operatng	Internet		9.60
2022	Dec	?	001505		100.00
2022	Dec	Wages	Anne		33.64
2022	Dec	?	TTS Group		66.83
2022	Dec	Operatng	Internet		0.60
2022	Dec	Operatng	Internet		4.80
2022	Dec	Wages	Emma		889.56
2022	Dec	Wages	Anne		1,716.36
2022	Dec	Wages	Claire		1,066.79
2022	Dec	Wages	Charlene		691.00
2022	Dec	Wages	Jo		871.34
2022	Dec	Actvites	Lorna		180.00
2022	Dec	Funding	ECC	6,398.77
2023	Jan	Operatng	Internet		0.60
2023	Jan	Operatng	Ofsted		50.00
2023	Jan	Funding	ECC	40.95
2023	Jan	Fees	Natonal Savings	396.00
2023	Jan	Funding	ECC	29.40
2023	Jan	?	Caulifower Group	40.50
2023	Jan	Rent	Bolford St		514.00
2023	Jan	Administratve	Payslip service		157.50
2023	Jan	Actvites	SC Sports		45.00
2023	Jan	Rent	Bolford St		363.00
2023	Jan	Fees	Natonal Savings	302.50
2023	Jan	Operatng	Internet		4.80
2023	Jan	Fees	Natonal Savings	330.00
2023	Jan	Administratve	Walden local		118.00
2023	Jan	Fees	Peter Dedekind	275.00
2023	Jan	Fees	Alisha-Marie Day	605.00
2023	Jan	Training	Findel		221.26
2023	Jan	Consumables	Gompels		1,403.30
2023	Jan	?	TTS Group		66.83
2023	Jan	Wages	Jo		773.63
2023	Jan	Wages	Anne		1,638.83
2023	Jan	Wages	Claire		1,082.83
2023	Jan	Wages	Charlene		923.32
2023	Jan	Wages	Emma		727.48
2023	Jan	Fees	Natonal Savings	234.00
2023	Jan	Charitable	Amazon	9.23
2023	Jan	Wages	Nest - pension		641.42
2023	Feb	?	TTS Group		197.99
2023	Feb	Consumables	Gompels		96.06

2023	Feb	Rent	Bolford St		453.75
2023	Feb	Fees	Vicary	240.00
2023	Feb	?	500204	605.00
2023	Feb	Wages	Anne		92.89
2023	Feb	Operatng	Internet		0.60
2023	Feb	Fees	Frankel	302.50
2023	Feb	Actvites	SC Sports		45.00
2023	Feb	Training	Findel		125.93
2023	Feb	Consumables	Gompels		132.92
2023	Feb	Consumables	Lorna		24.00
2023	Feb	Funding	ECC	10,610.48
2023	Feb	Operatng	Internet		4.80
2023	Feb	Fees	Vicary	720.00
2023	Feb	Funding	ECC	54.60
2023	Feb	Wages	HMRC		823.09
2023	Feb	Wages	Emma		851.09
2023	Feb	Wages	Anne		1,637.82
2023	Feb	Wages	Claire		1,098.89
2023	Feb	Wages	Charlene		896.30
2023	Feb	Wages	Jo		717.06
2023	Mar	Rent	Bolford St		695.75
2023	Mar	Training	Findel		125.93
2023	Mar	Consumables	Gompels	275.35
2023	Mar	Operatng	Internet		0.60
2023	Mar	Wages	HMRC		372.99
2023	Mar	Operatng	Internet		4.80
2023	Mar	Wages	Anne		1,563.06
2023	Mar	Wages	Claire		1,161.08
2023	Mar	Wages	Charlene		1,172.39
2023	Mar	Wages	Jo		943.33
2023	Apr	Wages	Payslip service		85.20
2023	Apr	Rent	Bolford St		302.50
2023	Apr	Wages	Charlene		17.46
2023	Apr	Wages	HMRC		744.26
2023	Apr	Wages	Nest - pension		216.88
2023	Apr	Operatng	EYA		821.53
2023	Apr	Operatng	Internet		6.00
2023	Apr	Wages	Anne		37.96
2023	Apr	?	TTS Group		486.66
2023	Apr	Actvites	SC Sports		45.00
2023	Apr	Consumables	Kelly		32.65
2023	Apr	Wages	Claire		51.68
2023	Apr	Funding	ECC	12,324.78
2023	Apr	Operatng	Internet		4.80
2023	Apr	Charitable	Amazon	5.00
2023	Apr	Wages	Anne		1,945.65
2023	Apr	Wages	Claire		1,342.18
2023	Apr	Wages	Jo		1,012.90
2023	Apr	Wages	Megan		391.70
2023	Apr	Wages	Carla		345.75

2023	Apr	Wages	Victoria		871.59
2023	Apr	Training	Noodle		144.00
2023	Apr	Wages	Anne		44.96
2023	Apr	Wages	HMRC		858.63
2023	May	Fees	Natonal Savings	390.00
2023	May	Fees	Natonal Savings	300.00
2023	May	Fees	Peter Dedekind	390.00
2023	May	Wages	Nest - pension		240.74
2023	May	Operatng	Internet		6.00
2023	May	Charitable	Easy fundraising	27.75
2023	May	Fees	Natonal Savings	455.00
2023	May	Charitable	Amazon	17.85
2023	May	Fees	Oakley Clark	845.00
2023	May	Fees	Natonal Savings	315.00
2023	May	Fees	Max Vicary	1,470.00
2023	May	Operatng	Internet		4.80
2023	May	Fees	Jasper Healey	630.00
2023	May	?	TFC	2,100.00
2023	May	Wages	HMRC		732.19
2023	May	Fees	Alisha-Marie Day	845.00
2023	May	Wages	Jo		846.99
2023	May	Wages	Anne		1,903.71
2023	May	Wages	Claire		1,246.04
2023	May	Wages	Carla		287.86
2023	May	Wages	Megan		241.19
2023	May	Wages	Victoria		747.96
2023	May	Fees	Natonal Savings	273.00
2023	Jun	Fees	Natonal Savings	300.00
2023	Jun	Funding	ECC	15,616.77
2023	Jun	Operatng	Internet		6.00
2023	Jun	Fees	Natonal Savings	1,560.00
2023	Jun	Wages	Nest - pension		249.41
2023	Jun	Fees	Natonal Savings	840.00
2023	Jun	Operatng	Internet		4.80
2023	Jun	Fees	Max Frankel	422.50
2023	Jun	Wages	Anne		36.80
2023	Jun	Wages	Jo		14.91
2023	Jun	Wages	Claire		24.49
2023	Jun	Wages	Payslip service		388.80
2023	Jun	Funding	ECC	683.10
2023	Jun	Fees	Nicola Morgan	10.00
2023	Jun	Fees	Greenbaum	10.00
2023	Jun	Wages	Carla		224.85
2023	Jun	Wages	Megan		452.60
2023	Jun	Wages	Jo		1,020.12
2023	Jun	Wages	Claire		1,385.87
2023	Jun	Wages	Anne		2,026.52
2023	Jun	Wages	HMRC		931.06
2023	Jul	Wages	Nest - pension		221.43
2023	Jul	Fees	Dominic Brindle	15.00

2023	Jul	Fees	Rohan Dixon	10.00
2023	Jul	Fees	S Hurrell	10.00
2023	Jul	Wages	Claire		53.82
2023	Jul	Wages	Anne		158.20
2023	Jul	Training	Findel		131.92
2023	Jul	Rent	Bolford St		1,149.50
2023	Jul	Fees	Gemma Cater	10.00
2023	Jul	Fees	Barron	15.00
2023	Jul	Fees	Croot	10.00
2023	Jul	Operatng	Internet		6.00
2023	Jul	Fees	Norton	10.00
2023	Jul	Fees	Lauren Boardman	10.00
2023	Jul	Fees	Coopersmith	10.00
2023	Jul	?	ICO		35.00
2023	Jul	Fees	Andrew Smith	10.00
2023	Jul	Fees	Shanks	10.00
2023	Jul	Fees	Daniels	15.00
2023	Jul	Rent	Bolford St		411.40
2023	Jul	Actvites	SC Sports		45.00
2023	Jul	Actvites	Tiny Tempos		82.50
2023	Jul	Operatng	Internet		4.80
2023	Jul	Fees	Natonal Savings	275.00	-
2023	Jul	Wages	Howard		760.00
2023	Jul	Wages	Anne		1,973.04
2023	Jul	Wages	Carla		441.36
2023	Jul	Wages	Jo		918.77
2023	Jul	Wages	Claire		1,384.88
2023	Jul	Wages	Megan		510.89
2023	Jul	Wages	HMRC		960.51

82,876.10 85,367.66

Balance date Balance 31/07/2022 25,740.64 01/08/2022 30,521.29 30,520.69 30,515.89 30,468.12 29,767.58 28,831.40 28,153.05 27,001.65 25,341.22 25,216.22 25,166.75 31/08/2022 24,950.89 01/09/2022 24,950.29	INCO Funding Fees ECC NSI Direct Fees Uknown 4,780.65	M
24,805.35
25,506.53 24,901.53 24,776.53 23,462.18 22,734.69 21,789.76 21,015.73 19,893.21 18,183.21 18,513.21 30/09/2022 18,285.46 01/10/2022 18,699.46 19,469.46 20,729.46 21,114.46 21,372.45 20,797.70 20,730.47 20,635.84 20,534.46 21,304.46 32,444.26 32,319.26 31,601.75 30,656.82 29,868.55 28,537.46 26,953.35 31/10/2022 26,716.07 - 01/11/2022 26,893.52 26,892.92 27,072.92	701.18 330.00 414.00
	770.00
	1,260.00 385.00 257.99 770.00 11,139.80 177.45 180.00

27,056.12 27,006.12 26,461.62 25,978.74 24,929.03 24,129.69 22,761.91 21,222.16 30/11/2022 21,212.56 21,112.56 21,078.92 21,012.09 21,011.49 21,006.69 20,117.13 18,400.77 17,333.98 16,642.98 15,771.64 15,591.64 31/12/2022 21,990.41 01/01/2023 21,989.81 21,939.81 21,980.76 22,376.76 22,406.16 22,446.66 21,932.66 21,775.16 21,730.16 21,367.16 21,669.66 21,664.86 21,994.86 21,876.86 22,151.86 22,756.86 22,535.60 21,132.30 21,065.47 20,291.84 18,653.01 17,570.18 16,646.86 15,919.38 16,153.38 16,162.61 31/01/2023 15,521.19 01/02/2023 15,323.20 15,227.14

6,398.77 40.95 396.00 29.40 302.50 330.00 275.00 605.00 234.00

14,773.39 15,013.39 15,618.39 15,525.50 15,524.90 15,827.40 15,782.40 15,656.47 15,523.55 15,499.55 26,110.03 26,105.23 26,825.23 26,879.83 26,056.74 25,205.65 23,567.83 22,468.94 21,572.64 28/02/2023 20,855.58 01/03/2023 20,159.83 20,033.90 20,309.25 20,308.65 19,935.66 19,930.86 18,367.80 17,206.72 16,034.33 31/08/2023 15,091.00 0.22 01/04/2023 15,005.80 14,703.30 14,685.84 13,941.58 13,724.70 12,903.17 12,897.17 12,859.21 12,372.55 12,327.55 12,294.90 12,243.22 24,568.00 24,563.20 24,568.20 22,622.55 21,280.37 20,267.47 19,875.77 19,530.02	240.00
	605.00
	302.50 10,610.48 720.00 54.60 12,324.78

18,658.43 18,514.43 18,469.47 30/04/2023 17,610.84 0.88 01/05/2023 18,000.84 18,300.84 18,690.84 18,450.10 18,444.10 18,471.85 0.88 18,926.85 18,944.70 19,789.70 20,104.70 21,574.70 21,569.90 0.88 22,199.90 24,299.90 23,567.71 24,412.71 0.88 23,565.72 21,662.01 20,415.97 20,128.11 19,886.92 19,138.96 31/05/2023 19,411.96 0.88 01/06/2023 19,711.96 35,328.73 35,322.73 36,882.73 36,633.32 37,473.32 37,468.52 37,891.02 37,854.22 37,839.31 37,814.82 37,426.02 38,109.12 38,119.12 38,129.12 37,904.27 37,451.67 36,431.55 35,045.68 33,019.16 30/06/2023 32,088.10 0.88 01/07/2023 31,866.67 31,881.67	390.00 300.00 390.00 455.00 845.00 315.00 1,470.00 630.00
	845.00 273.00 300.00 15,616.77 1,560.00 840.00 422.50 683.10

31,891.67 31,901.67 31,847.85 31,689.65 31,557.73 30,408.23 30,418.23 30,433.23 30,443.23 30,437.23 30,447.23 30,457.23 30,467.23
30,432.23
30,442.23 0.88 30,452.23 30,467.23 30,055.83 30,010.83 29,928.33 29,923.53 30,198.53 29,438.53 27,465.49 27,024.13 1.08 26,105.36 24,720.48 24,209.59 31/07/2023 23,249.08	275.00
	62,557.93 7,128.49 9,184.00 1,375.00

ME Consumables refund Grant Amazon Gompels Fundraising	Operatng Internet Ofsted SubICO EYA 0.60 4.80 0.60
	0.60

16.80 9.60 0.60 4.80 0.60 50.00 40.50 4.80 9.23

0.60 4.80 275.35 0.60 4.80 821.53 6.00 4.80 5.00

6.00 27.75 17.85 4.80 2,100.00 6.00 4.80 10.00 10.00 15.00

10.00 10.00 10.00 15.00 10.00 6.00 10.00 10.00 10.00 35.00 10.00 10.00 15.00 4.80 2,100.00 32.08 275.35 223.25 97.80 50.00 35.00 821.53

				= usage of	EYPP (£250 of £1,403.30)	EYPP (£250 of £1,403.30)
Actvites	Administratve						Pension
	Advertsing?	Payslip	Consumables	Equipment	Rent	Training	Payments
							215.86
						605.00
							227.75
						574.75
			67.23
			94.63
						101.38
							237.28

50.00 544.50 66.83 180.00 514.00 157.50 45.00 363.00 118.00 221.26 1,403.30 66.83 641.42 197.99 96.06

453.75 45.00 125.93 132.92 24.00 695.75 125.93 85.20 302.50 216.88 486.66 45.00 32.65 0

144

240.74

249.41

388.80

221.43

----- Start of picture text -----
131.92
1,149.50
411.40
45.00
82.50
----- End of picture text -----

492.50 118.00 631.50 1,265.80 1,403.30 5,614.15 850.42 2,250.77

	Accountancy &	Expense
Wages	Bookkeeping	reimbursements	Pety cash
				-
				-
				-
				-
		47.77		-
700.54				-
936.18				-
678.35				-
1151.4				-
1660.43				-
	125			-
		49.47		-
				-
				-
			144.94	-
				-
				-
	125			-
1314.35				-
727.49				-
944.93				-
774.03				-
1122.52				-
1710				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
	125			-
717.51				-
944.93				-
788.27				-
1331.09				-
1584.11				-
				-
				-
				-
				-

			-
			-
			-
482.88			-
1049.71			-
799.34			-
1367.78			-
1539.75			-
			-
		100	-
	33.64		-
			-
			-
			-
889.56			-
1716.36			-
1066.79			-
691			-
871.34			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
773.63			-
1,638.83			-
1,082.83			-
923.32			-
727.48			-
			-
			-
			-
			-
			-

		-
		-
		-
	92.89	-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
823.09		-
851.09		-
1,637.82		-
1,098.89		-
896.30		-
717.06		-
		-
		-
		-
		-
372.99		-
		-
1,563.06		-
1,161.08		-
1,172.39		-
943.33		-
		-
		-
	17.46	-
744.26		-
		-
		-
		-
	37.96	-
		-
		-
		-
	51.68	-
		-
		-
		-
1,945.65		-
1,342.18		-
1,012.90		-
391.70		-
345.75		-

871.59		-
		-
	44.96	-
858.63		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
732.19		-
		-
846.99		-
1,903.71		-
1,246.04		-
287.86		-
241.19		-
747.96		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
	36.80	-
	14.91	-
	24.49	-
		-
		-
		-
		-
224.85		-
452.60		-
1,020.12		-
1,385.87		-
2,026.52		-
931.06		-
		-
		-

				-
				-
		53.82		-
		158.20		-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
				-
760.00				-
1,973.04				-
441.36				-
918.77				-
1,384.88				-
510.89				-
960.51				-
70,452.90	375.00	664.05	244.94

Date	Amount	Where	Category
7/18/2022	£25.10	aldi	consumables
9/1/2022	£13.50	Wilko	consumables
9/2/2022	£3.30	tesco	consumables
9/5/2022	£11.98	Amazon	consumables
9/14/2022	£4.99	Chemist	consumables
9/15/2022	£5	tesco	consumables
9/18/2022	£10.50	Homebase	consumables
9/18/2022	£10.50	Tesco	consumables
9/20/2022	£9.99	aldi	consumables
9/20/2022	£2.42	tesco	consumables
9/22/2022	£2.00	Asda	consumables
9/26/2022	£8.97	aldi	consumables
9/28/2022	£23.50	Homebase	consumables
10/1/2022	£4.45	tesco	consumables
10/15/2022	£20.00	facebook marketplace	consumables
10/18/2022	£6.00	facebook marketplace	consumables
11/3/2022	£11.74	tesco	consumables
11/26/2022	£2.46	home bargains	consumables
11/26/2022	£7.50	the works	consumables
11/30/2022	£9.28	home bargains	consumables
12/5/2022	£7.65	tesco	consumables
12/14/2022	£2.10	aldi	consumables
12/14/2022	£6.92	tesco	consumables
1/5/2023	£8.75	wickes	consumables
1/8/2023	£6.02	aldi	consumables
1/14/2023	£2.29	tesco	consumables
1/16/2023	£3.87	tesco	consumables
1/24/2023	£24.27	aldi	consumables
2/20/2023	£24.73	tesco	consumables
2/27/2023	£33.74	B and M	consumables
3/13/2023	£13.27	aldi	consumables
3/16/2023	£16.99	B and M	consumables
3/16/2023	£47.48	tesco	consumables
3/22/2023	£5.96	Aldi	consumables
3/26/2023	£4.30	Homebase	consumables
3/26/2023	£7.22	Tesco	consumables
4/17/2023	£15.38	Aldi	consumables
4/21/2023	£22.28	Aldi	consumables
4/21/2023	£7.56	Aldi	consumables
4/26/2023	£7.49	ryman	consumables
4/28/2023	£12.02	Guildhall Stores	consumables
4/29/2023	£14.38	amazon	consumables
5/1/2023	£6.49	amazon	consumables
5/3/2023	£17.75	Waitrose	consumables
5/3/2023	£90.71	Aldi	consumables
5/9/2023	£1.80	tesco	consumables
5/11/2023	£1.39	Guildhall Stores	consumables
5/14/2023	£14.52	tesco	consumables
5/14/2023	£8.72	aldi	consumables

	5/14/2023	£5.00	Sainsburys	consumables
	5/15/2023	£6.09	B and M	consumables
	5/16/2023	£9.02	tesco	consumables
	5/17/2023	£3.36	Waitrose	consumables
	5/29/2023	£15	Thaxted Fayre Trust	Fundraising (cost)
	5/29/2023	£25.00	facebook marketplace	consumables
	5/31/2023	£4.05	Sainsburys	consumables
	6/2/2023	£8.50	St Elizabeth's	clothes
	6/2/2023	£2.40	tesco	consumables
	6/2/2023	£3.24	B and M	consumables
	6/3/2023	£9.71	Aldi	consumables
	6/10/2023	£8.89	aldi	consumables
	6/12/2023	£19.27	Aldi	consumables
	6/12/2023	£15.30	B and M	consumables
	6/14/2023	£11.64	Guildhall Stores	consumables
	6/15/2023	£32.33	aldi	consumables
	6/17/2023	£13.99	homebase	consumables
	6/17/2023	£14.74	aldi	consumables
	6/20/2023	£4.99	aldi	consumables
	6/22/2023	£7.02	aldi	consumables
	6/23/2023	£32.50	B and M	consumables
	6/29/2023	£7.00	post ofce	consumables
	6/29/2023	£14.00	aldi	consumables
	7/2/2023	£17.34	aldi	consumables
	7/2/2023	£11.66	aldi	consumables
	7/9/2023	£15.00	tmpsons	consumables
	7/9/2023	£14.66	Tesco	consumables
	7/10/2023	£53.14	aldi	consumables
	7/14/2023	£9.19	dorringtons	consumables
	7/18/2023	£59.50	sainsburys	consumables
		£15.00	plants	consumables
		£15.00	car boot sale	consumables
??		-£835.50	Run around windmill sponsorship	Income

	Total		Consumables	Fundraising	Other
		£25.10	25.10
		£13.50
		£3.30	3.30
		£11.98
		£4.99	4.99
		£5.00	5.00
		£10.50
		£10.50	10.50
		£9.99	9.99
		£2.42	2.42
		£2.00	2.00
		£8.97	8.97
		£23.50
		£4.45	4.45
pety cash voucher		£20.00
pety cash voucher		£6.00
		£11.74	11.74
		£2.46	2.46
		£7.50	7.50
		£9.28	9.28
		£7.65	7.65
		£2.10	2.10
		£6.92	6.92
		£8.75	8.75
		£6.02	6.02
		£2.29	2.29
		£3.87	3.87
stay and play- chinese new year		£24.27	-			24.27
stay and play - pancake day		£24.73	-			24.73
		£33.74
pety cash voucher		£13.27	13.27
mothers day		£16.99				16.99
mothers day		£47.48				47.48
		£5.96	5.96
		£4.30	4.30
		£7.22	7.22
		£15.38	15.38
		£22.28	22.28
		£7.56	7.56
		£7.49	7.49
		£12.02	12.02
coronaton event		£14.38	-			14.38
		£6.49	6.49
		£17.75	17.75
coronaton event		£90.71	-			90.71
		£1.80	1.80
		£1.39	1.39
		£14.52	14.52
		£8.72	8.72

pety cash voucher fathers day ice lolly sales ice lolly sales school dinners pety cash voucher pety cash voucher	£5.00 5.00 £6.09 £9.02 9.02 £3.36 3.36 £15.00 15.00 £25.00 £4.05 4.05 £8.50 £2.40 2.40 £3.24 3.24 £9.71 9.71 £8.89 8.89 £19.27 19.27 £15.30 15.30 £11.64 11.64 £32.33 32.33 £13.99 13.99 £14.74 14.74 £4.99 4.99 £7.02 7.02 £32.50 32.50 £7.00 7.00 £14.00 14.00 £17.34 17.34 £11.66 11.66 £15.00 £14.66 14.66 £53.14 - 53.14 £9.19 9.19 £59.50 59.50 £15.00 15.00 £15.00 15.00 -£835.50
	277.26 652.25 15.00 271.70

Equipment	Income -
13.50
11.98
10.50
23.50
20.00
6.00

33.74

6.09

25.00

8.50

15.00

• 835.50 173.81 - 835.50

The Windm Year Ended

		Student
	Gross	loan	PAYE	E'ee NI	E'ee pensio
Aug-22
Sep-22
Oct-22
Nov-22	5,537.14		46.80	131.91	118.97
Dec-22	5,757.42		255.40	140.68	126.29
Jan-23	5,631.32		235.80	128.98	121.26
Feb-23	5,698.08		241.00	131.99	123.93
Mar-23	5,498.26		264.80	256.86	136.74
Apr-23	6,850.03	21.00	598.40	239.23	142.52
May-23	6,132.47	14.00	506.20	211.99	126.53
Jun-23	6,192.45	34.00	632.00	265.06	151.43
Jul-23	6,332.75	26.00	681.20	253.31	143.30
	53,629.92	95.00	3,461.60	1,760.01	1,190.97

mill Pre-School d 31 July 2023

Net pay E'er pensio 5,239.46 89.24 5,235.05 94.72 5,145.28 90.94 5,201.16 92.95 4,839.86 102.55 5,848.88 106.89 5,273.75 94.90 5,109.96 113.57 5,228.94 107.47	Total payable to HMRC
		PAID TO HMRC	PAID TO EMPLO
	- - - 178.71 396.08 364.78	5349.14 Aug Sept Wages HMRC 1314.35 5403.97 Sep 5490.91 Oct 5239.46 Nov 5268.69 Dec Feb Wages HMRC 823.09 5146.09 Jan Mar Wages HMRC 372.99 5294.05 Feb Apr Wages HMRC 744.26 4839.86 Mar Apr Wages HMRC 858.63 6061.83 April May Wages HMRC 732.19 5273.75 May Jun Wages HMRC 931.06 5186.16 June Jul Wages HMRC 960.51 6200.96 July
	372.99
	521.66
	858.63 732.19 931.06 960.51
47,122.34 893.23

								Employer
								pension as % of
OYEES				PAID TO NEST				total pension
Dif					Payment	per payroll
		Aug	Wages	Nest - pension	215.86
		Sept	Wages	Nest - pension	227.75
		Oct	Wages	Nest - pension	237.28
	-					208.21
- 33.64						221.01
-	0.81	Jan	Wages	Nest - pension	641.42	212.20
- 92.89						216.88		0.42857801549
	-					239.29		0.42855948849
- 212.95		Apr	Wages	Nest - pension	216.88	249.41		0.42857142857
	-	May	Wages	Nest - pension	240.74	221.43		0.42857788014
- 76.20		Jun	Wages	Nest - pension	249.41	265.00		0.42856603774
- 972.02		Jul	Wages	Nest - pension	221.43	250.77		0.42856003509
			Apr	Wages Payslip	service	85.2
			Jun	Wages Payslip	service	388.8

				= expenses reimbursements
Month	detail	payee	Amount
Aug	Wages	Alina	47.77
Aug	Wages	Emma	700.54
Aug	Wages	Charlene	936.18
Aug	Wages	Jo	678.35
Aug	Wages	Claire	1151.4
Aug	Wages	Anne	1660.43
Aug	Wages	Anne	125
Aug	Wages	Anne	49.47	5349.14 Aug
Aug	Wages	Nest - pension	215.86
Sept	Wages	Anne	125
Sept	Wages	HMRC	1314.35
Sept	Wages	Emma	727.49
Sept	Wages	Charlene	944.93
Sept	Wages	Jo	774.03
Sept	Wages	Claire	1122.52
Sept	Wages	Anne	1710	6718.32 Sep
Sept	Wages	Nest - pension	227.75
Oct	Wages	Anne	125
Oct	Wages	Emma	717.51
Oct	Wages	Charlene	944.93
Oct	Wages	Jo	788.27
Oct	Wages	Claire	1331.09
Oct	Wages	Anne	1584.11	5490.91 Oct
Oct	Wages	Nest - pension	237.28
Nov	Wages	Emma	482.88
Nov	Wages	Charlene	1049.71
Nov	Wages	Jo	799.34
Nov	Wages	Claire	1367.78
Nov	Wages	Anne	1539.75	5239.46 Nov
Dec	Wages	Anne	33.64
Dec	Wages	Emma	889.56
Dec	Wages	Anne	1716.36
Dec	Wages	Claire	1066.79
Dec	Wages	Charlene	691
Dec	Wages	Jo	871.34	5268.69 Dec
Jan	Wages	Jo	773.63
Jan	Wages	Anne	1638.83
Jan	Wages	Claire	1082.83
Jan	Wages	Charlene	923.32
Jan	Wages	Emma	727.48	5146.09 Jan
Jan	Wages	Nest - pension	641.42
Feb	Wages	Anne	92.89
Feb	Wages	HMRC	823.09
Feb	Wages	Emma	851.09
Feb	Wages	Anne	1637.82
Feb	Wages	Claire	1098.89
Feb	Wages	Charlene	896.3
Feb	Wages	Jo	717.06	6117.14 Feb

Mar	Wages	HMRC	372.99
Mar	Wages	Anne	1563.06
Mar	Wages	Claire	1161.08
Mar	Wages	Charlene	1172.39
Mar	Wages	Jo	943.33	4839.86 Mar
Apr	Wages	Payslip service	85.2
Apr	Wages	Charlene	17.46
Apr	Wages	HMRC	744.26
Apr	Wages	Nest - pension	216.88
Apr	Wages	Anne	37.96
Apr	Wages	Claire	51.68
Apr	Wages	Anne	1945.65
Apr	Wages	Claire	1342.18
Apr	Wages	Jo	1012.9
Apr	Wages	Megan	391.7	363.31	28.39
Apr	Wages	Carla	345.75
Apr	Wages	Victoria	871.59
Apr	Wages	Anne	44.96	7022.97 April
Apr	Wages	HMRC	858.63
May	Wages	Nest - pension	240.74
May	Wages	HMRC	732.19
May	Wages	Jo	846.99
May	Wages	Anne	1903.71
May	Wages	Claire	1246.04
May	Wages	Carla	287.86
May	Wages	Megan	241.19
May	Wages	Victoria	747.96	5273.75 May
Jun	Wages	Nest - pension	249.41
Jun	Wages	Anne	36.8
Jun	Wages	Jo	14.91
Jun	Wages	Claire	24.49
Jun	Wages	Payslip service	388.8
Jun	Wages	Carla	224.85
Jun	Wages	Megan	452.6
Jun	Wages	Jo	1020.12
Jun	Wages	Claire	1385.87
Jun	Wages	Anne	2026.52	5574.96 June
Jun	Wages	HMRC	931.06
Jul	Wages	Nest - pension	221.43
Jul	Wages	Claire	53.82
Jul	Wages	Anne	158.2
Jul	Wages	Howard	760
Jul	Wages	Anne	1973.04
Jul	Wages	Carla	441.36
Jul	Wages	Jo	918.77
Jul	Wages	Claire	1384.88
Jul	Wages	Megan	510.89	6200.96 July
Jul	Wages	HMRC	960.51

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees of The Windmill Pre-school On accounts for the year ended 31 July 2023 Charlty no.: 1106496 Company no.: 5021469 Conglsting of: The Statement of Financial Activities, Balance Sheet and related Notes to the Financial Statements I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023. As the charity's trustees of the Company (who are also the directors of the company for the purposes of ¢ompany law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {"the 2006 Act.). Having satisfied myself that th8 accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your chanty's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 AGt'). In carrying out my examination, I have followed the Directions given by the Charrty Commission (under section 14515){b) ofthe 2011 Act. Re8pon$lblllties and ba31s of report Independent examlnerfs statement I have compleled my examination. I confirm that no material matters have come to my attention which gives me cause ta believe that. accounting records were not kept in accordance with section 386 of the Companies Act 2006. or the accounts do not accord with such records,. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounls give a 'lrue and fair, view which is not a matter considered as part of an independent exarnination., or •th8 accounts have not been prepa￿d in accordance with the Charities SORP (FRS102}. IER October 2018

I have no concems and have come across no other matt8rs in connection with the examination to which attention should be drawn in this repart in order to enable a prO￿r understanding of th8 accounts to be reached. Signed: Date: Name: Martin Omiondroyd Relevant professional qualification{g1 or body (if any): Addr88S: Market House, 10 Market Walk, Saffron Walden, Essex, CB10 1JZ Section B Disclosure Only complete if the examiner needs to highlight material matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve hère brlef detall8 01 any items that the examlner wlshes to disclo80. IER October 2018