## **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|