Paulerspury Pre-School
Treasurer Report 2023-2024
The year 2023-2034 started with 24 children on the role. Session numbers increased gradually as the year progressed, we saw an increase in 2 year olds attending impacting on staff ratio’s, due to more staff needed for this age group.
We ended the year with 32 children on the role, we welcomed a few new families during the year.
Surplus/Deficit
We ended the year with a surplus of £15967.
Staff wages were reviewed and increases were implemented.
Funding rates increased in April 2024 from £4.29 to £4.93 (3yr olds) and from £5.63 to £7.37. for eligible 2 year olds, the new working families funding stream that was introduced meant that more 2 year olds are now funded. An Educational Health Care Plan and funding was granted to help support a child attending that required 1:1 support.
The majority of sessions were funded sessions, which means that we have no influence on income for these.
We have finished the financial year with £ 58671 in our bank accounts.
Income
Our total income was £123749.
Fees
In September 2023 Session fees increased to £6.00 per hour (£18.00 per session) from £5.00 per hour (£15.00 per session).
Fundraising/Donations
We raised a total of £5234, representing £4322 of profit after fundraising expenses. This total was achieved through various fundraising events, Bingo Nights, Disco, Christmas Hamper/Raffle/Craft, Paulerspury Players donation, generous donation from The Wood Oven, table top sale, car boot sale, Easy Fundraising and a generous donation from a local pre-school that unfortunately had to close.
Expenses
Total expenses amounted to £107,782.
Wages £89207, HMRC payments were £612 (low due to a member of staff being on Maternity and recovery of SMP), Village Hall hire costs were, £10,015.
Additional Comments
The minimum wage/living wage was increased to £11.44, this is due to be increased again and will impact on the current pay scale as this is due to overtake current salary bandings if at the rate predicted between £11.61- £12.18 per hour in April 2025.
The first phase of the government funding initiative for working families was implemented in April 24, 15 hours funded childcare for eligible 2 years old (working parents that meet criteria the term after their 2[nd] birthday). This has had a positive impact as the 2 year funding rate is higher than the 3 year funding rate, taking into account the lower ratio impact on staffing. Expanded from September 2024 to allow 9 months - 23 months (term after they turn 9 months).
September 2025 working parents with children under 5 are to be entitled to 30 hours funded childcare, this is currently only available to from age 3 years.
With the change in government since we these initiatives were announced it remains to be seen as to whether the roll out is as originally planned.
Funding rates are normally published after the new year after the local authority consultations have closed. We will then be able to assess impact on finances for the year ahead.
As always is it vital that we continue to fundraise to allow us to invest in the setting, equipment, resources, experiences and in staff to keep the continued success of the pre-school and a viable option going forward.
The Government have announced that they intend to provide 3000 extra nurseries based within schools from January 2025. The local school Paulerspury C of E Primary have opened a consultation for their intention to open places for 3 year olds. This could impact the future success of pre-school going forward, although we have children attending from the local surrounding villages, should children that are intending to attend the primary school take a place is the new early years provision that the school are intending to open.
Book1
| Twelve-Month Cash Flow Fiscal Year Begins: Sep-23 High Street, Paulerspury, Northamptonshire www.paulerspurypreschool.co.uk Beginning Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Monthly Average 12 Months Cash Summary Cash on Hand(beginning of month) 42,705 42,705 42,412 44229 45,141 45,701 48,912 50,078 54,932 54,024 58,466 60,735 59,825 46,423 Cash Available(on hand + receipts, 42,705 51,167 54,253 53856 54,964 57,689 59,595 63,367 63,491 66,087 69,465 69,585 67,388 55,628 Cash Position (end of month) 42,705 42,412 44,229 45,141 45,701 48,912 50,078 54,932 54,024 58,466 60,735 59,825 58,672 47,350 Cash Receipts Fees - paid in cash 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fees - paid online 3,814 4,161 5953 3,567 4,217 3,457 4,787 1,530 1,963 2,445 1,191 0 3,090 37,084 Uniform purchases 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fundraising / Donations 107 726 93 2,225 0 57 656 499 0 961 0 0 444 5,324 Government Funding 4,299 6,954 3582 3,781 6,127 7,105 7,558 6,481 7,311 7,344 7,358 7,281 6,265 75,180 SEND/DAF Payment 0 0 0 0 1,608 0 0 0 2,711 0 194 194 392 4,707 EYPP Funding 0 0 0 6 36 65 0 49 79 0 98 88 35 421 Interest 242 0 0 243 0 0 245 0 0 249 0 0 82 980 Other 0 0 0 0 0 0 44 0 0 0 10 0 4 53 Total Cash Receipts 8,462 11,840 9628 9,823 11,988 10,684 13,289 8,559 12,063 10,999 8,851 7,563 10,312 123,749 Cash Paid Out Wages 7,518 7,585 7298 7,602 7,888 8,190 7,057 7,103 6,870 7,052 8,077 6,967 7,434 89,207 PAYE to HMRC 0 0 0 0 0 0 0 0 0 0 0 612 51 612 Website 50 50 50 50 50 50 50 74 50 50 50 50 52 629 Village Hall Hire 750 950 770 1,045 610 950 750 980 600 785 1,025 800 835 10,015 DBS 0 0 59 0 13 13 0 0 0 0 13 46 12 143 Broadband/Mobile 54 54 54 64 52 52 52 56 56 56 56 56 55 661 Flowers & Gifts 0 0 0 191 0 0 48 0 0 0 195 0 36 434 Equipment 0 110 275 100 22 238 19 1,121 0 217 121 43 189 2,264 Other 0 0 0 0 0 0 55 0 0 0 0 0 5 55 Consumables 12 9 18 9 58 19 58 10 22 0 0 0 18 214 EYPP Spend 0 0 0 0 20 0 0 0 0 0 0 0 2 20 Accounting 106 0 0 94 0 0 148 0 0 184 120 137 66 789 Stationery 0 0 82 0 0 0 0 8 0 0 0 0 7 89 Subscriptions 260 0 30 0 35 0 0 75 0 0 80 0 40 480 Insurance 0 977 0 0 0 0 0 0 0 0 0 0 81 977 Training 0 0 32 0 0 0 0 36 18 36 18 0 12 140 Advertising 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Charges 5 5 5 5 5 5 5 5 5 5 5 5 5 60 Fundraising Costs 0 283 42 104 25 0 193 0 0 345 0 0 83 992 Total Cash Paid Out 8,755 10,024 8,715 9,264 8,777 9,517 8,435 9,467 7,622 8,730 9,760 8,716 8,982 107,782 Operating Profit/Loss (293) 1,817 912 560 3,211 1,166 4,854 (908) 4,441 2,269 (910) (1,154) 1,331 15,967 Closing Balance Barclays Account 2,406 4,737 5,391 5,497 8,425 9,379 13,683 12,780 17,226 19,251 18,346 17,197 Closing Balance in Current Account 1,069 554 812 1,023.79 1,306.79 1,518.85 1,825.55 1,820.55 1,816 1,811 1,806 1,801 Closing Balance Gold Savings Account 38,937 38,937 38,937 39,180 39,180 39,180 39,424 39,424 39,424 39,672 39,672 39,672 CLOSING BALANCE 42,412 44,228 45,141 45,700 48,911 50,078 54,932 54,024 58,465 60,734 59,825 58,671 Paulerspury Pre-School |
Twelve-Month Cash Flow Fiscal Year Begins: Sep-23 High Street, Paulerspury, Northamptonshire www.paulerspurypreschool.co.uk Beginning Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Monthly Average 12 Months Cash Summary Cash on Hand(beginning of month) 42,705 42,705 42,412 44229 45,141 45,701 48,912 50,078 54,932 54,024 58,466 60,735 59,825 46,423 Cash Available(on hand + receipts, 42,705 51,167 54,253 53856 54,964 57,689 59,595 63,367 63,491 66,087 69,465 69,585 67,388 55,628 Cash Position (end of month) 42,705 42,412 44,229 45,141 45,701 48,912 50,078 54,932 54,024 58,466 60,735 59,825 58,672 47,350 Cash Receipts Fees - paid in cash 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fees - paid online 3,814 4,161 5953 3,567 4,217 3,457 4,787 1,530 1,963 2,445 1,191 0 3,090 37,084 Uniform purchases 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fundraising / Donations 107 726 93 2,225 0 57 656 499 0 961 0 0 444 5,324 Government Funding 4,299 6,954 3582 3,781 6,127 7,105 7,558 6,481 7,311 7,344 7,358 7,281 6,265 75,180 SEND/DAF Payment 0 0 0 0 1,608 0 0 0 2,711 0 194 194 392 4,707 EYPP Funding 0 0 0 6 36 65 0 49 79 0 98 88 35 421 Interest 242 0 0 243 0 0 245 0 0 249 0 0 82 980 Other 0 0 0 0 0 0 44 0 0 0 10 0 4 53 Total Cash Receipts 8,462 11,840 9628 9,823 11,988 10,684 13,289 8,559 12,063 10,999 8,851 7,563 10,312 123,749 Cash Paid Out Wages 7,518 7,585 7298 7,602 7,888 8,190 7,057 7,103 6,870 7,052 8,077 6,967 7,434 89,207 PAYE to HMRC 0 0 0 0 0 0 0 0 0 0 0 612 51 612 Website 50 50 50 50 50 50 50 74 50 50 50 50 52 629 Village Hall Hire 750 950 770 1,045 610 950 750 980 600 785 1,025 800 835 10,015 DBS 0 0 59 0 13 13 0 0 0 0 13 46 12 143 Broadband/Mobile 54 54 54 64 52 52 52 56 56 56 56 56 55 661 Flowers & Gifts 0 0 0 191 0 0 48 0 0 0 195 0 36 434 Equipment 0 110 275 100 22 238 19 1,121 0 217 121 43 189 2,264 Other 0 0 0 0 0 0 55 0 0 0 0 0 5 55 Consumables 12 9 18 9 58 19 58 10 22 0 0 0 18 214 EYPP Spend 0 0 0 0 20 0 0 0 0 0 0 0 2 20 Accounting 106 0 0 94 0 0 148 0 0 184 120 137 66 789 Stationery 0 0 82 0 0 0 0 8 0 0 0 0 7 89 Subscriptions 260 0 30 0 35 0 0 75 0 0 80 0 40 480 Insurance 0 977 0 0 0 0 0 0 0 0 0 0 81 977 Training 0 0 32 0 0 0 0 36 18 36 18 0 12 140 Advertising 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Charges 5 5 5 5 5 5 5 5 5 5 5 5 5 60 Fundraising Costs 0 283 42 104 25 0 193 0 0 345 0 0 83 992 Total Cash Paid Out 8,755 10,024 8,715 9,264 8,777 9,517 8,435 9,467 7,622 8,730 9,760 8,716 8,982 107,782 Operating Profit/Loss (293) 1,817 912 560 3,211 1,166 4,854 (908) 4,441 2,269 (910) (1,154) 1,331 15,967 Closing Balance Barclays Account 2,406 4,737 5,391 5,497 8,425 9,379 13,683 12,780 17,226 19,251 18,346 17,197 Closing Balance in Current Account 1,069 554 812 1,023.79 1,306.79 1,518.85 1,825.55 1,820.55 1,816 1,811 1,806 1,801 Closing Balance Gold Savings Account 38,937 38,937 38,937 39,180 39,180 39,180 39,424 39,424 39,424 39,672 39,672 39,672 CLOSING BALANCE 42,412 44,228 45,141 45,700 48,911 50,078 54,932 54,024 58,465 60,734 59,825 58,671 Paulerspury Pre-School |
|---|---|
| Cash Summary Cash on Hand(beginning of month) Cash Available(on hand + receipts, Cash Position (end of month) Cash Receipts |
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| Fees - paid in cash Fees - paid online Uniform purchases Fundraising / Donations Government Funding SEND/DAF Payment EYPP Funding Interest Other Total Cash Receipts Cash Paid Out |
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| Wages PAYE to HMRC Website Village Hall Hire DBS Broadband/Mobile Flowers & Gifts Equipment Other Consumables EYPP Spend Accounting Stationery Subscriptions Insurance Training Advertising Charges Fundraising Costs Total Cash Paid Out Operating Profit/Loss |
|
| Closing Balance Barclays Account Closing Balance in Current Account Closing Balance Gold Savings Account CLOSING BALANCE |
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| -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 |
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Jade van Tonder 58 Mercury Grove Crownhill MK808Y Thebappinessbluepiint21@gmail.com 07734812037 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEESIMEMBERS O.F PAULERSPURYRRL-S¢KO.OL I repori on the accounts of Paulerspury Pre-school Charity Number 1158601. On accounts for the year ended 3110812024. R8sponsibiliti•s and basls of r•port As the charity Irusiees ofthe Charityyou are responsible for the preparation of the accounts in accordance with the requifements of the Charilies Act 20111'the Act'>. I report in respect of my examination ot the Charity's accounts carried out under section 145 of the 2011 Act and in carrying oul myexamination I have followed allthe applicable Directions given by the Chaiity Commission under section 14515}Ib> ol the Aci. Independent examiner's statement I have completed by examination. I confirm that no material matters have come io my attention in connection wilh the examination giving me cause to believe that in any material respeci: 1. Accounting records were not kept in respaci of the Charity as required by section 130 oflhe Act- or 2. The accounts do not accord with those records: or 3. The accounts do noi comply with Ihe applicable requirements concerning the fofm and content of accounts sel out in the Charities IAccounts and Repoits) Regulations 2008 other than any requirement that the accounts give a true and fair view which Is not a matter considered as part ot an Independent examination. I have no concerns and have come across no other matters in connection wilh the examination to which atteniion should be drawn in this ieport in order to enable a propef understanding of Ihe accounts lo be reachecl. Signed: Name: Jade van Tonder Qualified under the Association otAccounting Technicians Date: 03.06.2025