ST LEONARDS PRE-SCHOOL
TRUSTEES REPORT 2019/20
This year as shown in the Receipts & Payments Account we have made a deficit of £5941.18. This financial year was our first year in our new premises and as expected, our numbers were very low to start of with. The number of children increased slightly in January 2020, but then unfortunately the pandemic started and the preschool had to close temporarily.
We initially furloughed all of our staff, but quickly brought back our preschool leader and deputy as they started to teach our children online. Our remaining 2 staff members were brought back when the preschool reopened. Once preschool reopened the number of children attending was again very low and remained so for the rest of the year.
This year our Early Years Entitlement income and the fees paid by parents have decreased - our expenditure also decreased but not by as much, resulting in a deficit.
This current year our numbers remain very low due to the pandemic and we are expecting to make a loss again this year. The preschool does have reserves to fall back on and we hope that things will improve as the restrictions are eased.
ST LEONARDS PRESCHOOL ACCOUNTS
RECEIPTS AND PAYMENTS FOR THE PERIOD 1ST SEPTEMBER 2019 TO 31ST AUGUST 2020
| 2019/20 | 2018/19 | |||
|---|---|---|---|---|
| TOTAL | TOTAL | |||
| OPERATING RECEIPTS | £ | £ | ||
| Non funded childcare places | 4259.75 | 12100.08 | ||
| DCC Early Years Grant | 30756.26 | 75345.10 | ||
| Fundraising | 322.31 | 379.95 | ||
| Donations | 150.00 | |||
| Grant | 1090.61 | |||
| Trip Income | 760.50 | |||
| DCC one to one funding | ||||
| Other - Newtown wages refund |
602.78 | 308.46 | ||
| Mini movers | 12.5 | |||
| Job Retention Scheme | 2154.66 | 2769.94 | ||
| Interest | 45.74 | 38.29 | ||
| 38154.00 | 90172.99 | |||
| OPERATING PAYMENTS | £ | £ | ||
| Wages, Employers NIC, Pension | 39502.20 | 73815.46 | ||
| Graduate Leader Fund Payments | ||||
| Provisions etc | 288.88 | 1137.33 | ||
| General running costs: | ||||
| Music | 252.00 | |||
| Forest School | ||||
| PE | 420.00 | |||
| Living Eggs | 306.00 | |||
| Phone & internet | 41.44 | 471.98 | ||
| YPO, crafts & activities | 412.32 | 912.39 | ||
| Stationary | 346.74 | 471.27 | ||
| Repairs | 336.31 | 361.95 | ||
| Tapestry | 274.20 | |||
| Ipad | ||||
| Website renewal | 47.99 | 62.36 | ||
| Equipment | 256.00 | 1477.25 | ||
| Other costs | 1440.8 | 338.50 | 5347.90 | |
| Training | 57.60 | 327.60 | ||
| Rent | 1637.49 | 1430.58 | ||
| Gas & electricity | 7.44 | 688.63 | ||
| Refuse collection | 320.08 | |||
| Fundraising expenditure | 133.32 | 93.75 | ||
| Trips | 992.75 | |||
| Gifts | 150.00 | 120.00 | ||
| Preschool Learning Alliance | 782.45 | 773.56 | ||
| OFSTED | 70.00 | |||
| Data Protection | 35.00 | 35.00 | ||
| DBS checks & health checks | 52.29 | |||
| CAF Bank fees | 60.00 | 60.00 |
| ERADE legalexp's Palace Gate expenses Redundancy payments 44095.18 Net Receipts/Deficit -5941.18 STATEMENT OF ASSTS AND LIABILITIES AS AT 31ST AUGUST 2020 Current Assets CAF CafCash Account 15189.53 CAF Gold Account 30373.72 45563.25 General Liabilities Uncleared cheques 45563.25 |
931.80 3114.43 738.90 90050.06 122.93 21176.45 30327.98 51504.43 51504.43 |
|---|---|
I confirm that this is a true copy of the accounts for the year to 31st August 2020 and that no discrepancies have occurred.
Karen Mcclancy
BANK RECONCILIATION TO 31.8. 20
| BANK OPENING BALANCES AT 1 SEPTEMBER 2019 ADD RECEIPTS LESS PAYMENTS BANK CLOSING BALANCES CAF BANK CURRENT CAF BANK DEPOSIT |
51504.43 38154.00 -44095.18 |
|---|---|
| 45563.25 | |
| 15189.53 30373.72 |
|
| 45563.25 |
I confirm that the Receipts and Payments Account 2019-20 true copy of the accounts of St Leonards Preschool for the year to 31st August 2020 and that no discrepancies have occurred.
Karen McClancy Administrator 29.6.21