Appleton Wiske Pre School
Treasurer’s Annual Report 2024/ 2025 Financial Year
This report is for the financial year from 1[st] April 2024 to 31[st] March 2025.
June to It is important to note that the financial year end was amended in 2023 from 30[th] 31st March. Consequently, the previous financial year of 2023/2024 was for the 9 months of 1[st] July 2023 to 31[st] March 2024 only. The financial year of 2024/2025 was for the 12 months of 1[st] April 2024 to 31[st] March. It is therefore not possible to make direct comparisons between the 2 financial periods.
Summary
Total income for the 12 month financial period of 2024/25 was £109,680, compared to the prior 9 month financial period of £87,677. When comparing the income as a monthly average of £9,140 (2024/25) versus £ 9,742 (2023/24), the monthly income had reduced by -£602.
Year on Year, the play group fees received had decreased due to a smaller intake of children. It should be noted that the fees paid by North Yorkshire County Council (NYCC) include an overpayment of £9,419 which was paid back to NYCC in April 2025.
Fundraising & Donations were higher, largely due to the success of the monthly Bingo.
No grants were received in 2024/25 compared to the £300 grant received in 2023/24.
Total expenditure for the 12 month financial period was £ 97,389, compared to the prior 9 month financial period of £75,901. When comparing the expenditure as a monthly average of £8,116 (2024/25) versus £8,433 (2023/24), the expenditure was reduced -£318 despite rising costs. The main savings were due to reduced expenditure of educational supplies, training and sundries. Monthly salaries increased year on year by only £6 reflecting the reduced headcount due to the fewer number of children attending.
The total profit for 2024/25 was £12,291. When comparing the profit as a monthly average of £1,024 (2024/25) to £1,308 (2023/24), the monthly profit had decreased by -£284. This was due to the monthly income being -£602 less than the prior financial year.
The closing balance for the current account was £19,488 on the 31[st] March 2025 which was £4,764 less than the prior year, due to a transfer of funds to the reserve account.
Reserve Account
During the last financial quarter, £16,547 was transferred from the current account to the reserve account. This plus the interest received, means that the reserve account closing balance of £42,946 was £16,931 higher than that at the close of the previous financial year end.
Interest of £384 was received during the last 12 month period.
Pety Cash
The amount of receipts/invoices paid for by means of petty cash were kept to a minimum and the amount of cash held at any given time was limited. At the end of this financial year end the petty cash balance was £165 compared to £42 for the prior year.
Total Current Assets
March The combined value of the current account, reserve account and petty cash as at 31[st] 2025 was £62,599 which was £12,209 higher than the total of £50,309 as at 31[st] March 2024.
Appleton Wiske Pre School
Registered Charity: 1136273 Income and Expenditure for the accounting period 01 Apr 24 - 31 Mar 25
| 2024/25 | 2023/24 | |
|---|---|---|
| (01/04/24 - | (01/07/23 - | |
| 31/03/25) | 31/03/24) | |
| Income | ||
| Play group fees | 23,436 | 24,798 |
| North Yorkshire County Council | 72,172 | 53,491 |
| Fundraising & Donations | 13,688 | 8,812 |
| Bank Interest | 384 | 276 |
| Grant Income | - | 300 |
| Total Income | 109,680 | 87,677 |
| Expenditure | ||
| Salaries | 81,302 | 60,927 |
| Food | 2,113 | 1,929 |
| Educational Supplies | 905 | 2,649 |
| Rent | 5,275 | 3,148 |
| Accountancy & Bookkeeping | 2,490 | 876 |
| Gifts | ||
| OFSTED | 50 | 50 |
| Pre School Learning Alliance Insurance | 811 | 696 |
| Training | 739 | 1,917 |
| Sundries | 3,704 | 3,709 |
| Total Expenditure | 97,389 | 75,901 |
| Proft / Loss | 12,291 | 11,776 |
| Balance sheet as at | 31st March 2025 | 31st March 2024 |
| Business Current Account | 19,488 | 24,252 |
|---|---|---|
| Business Reserve Account | 42,946 | 26,015 |
| Cash | 165 | 42 |
| Current Assets | 62,599 | 50,309 |
| Accumulated Fund brought forward | 50,309 | 38,535 |
| Proft/(Loss) | 12,291 | 11,776 |
| Total Accumulated Fund | 62,599 | 50,309 |