**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**|| |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**|| |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|| ||-0
-0
-0
-0
-0
-0
-0
-0
-0
-0
-0
-0| h Page 1 of 1 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