ST LEONARDS PRE-SCHOOL
TRUSTEES REPORT 2023/24
This year as shown in the Receipts & Payments Account we have made a large surplus of £19096.16. We had 16 children attending in the Autumn Term and this had increased to 22 in the Summer Term 2024.
This year our Early Years Entitlement income has increased by over £20,000, although our fee income decreased. Our expenditure decreased and this resulted in a good surplus.
This current year our numbers have increased as the year has gone on and the hourly rate we receive from Devon County Council for the Early Years funding has been increased again. We have been working with the minimum number of staff to help keep costs down, although the minimum wage increased again in April by a large percentage.
The preschool has a big enough surplus to more than cover any redundancy payments should this be needed.
However, the preschool is no nearer to getting the new premises they were hoping for and also they are struggling to recruit new staff members due to the uncertainty over this. Some existing staff members wish to retire and the preschool might find it difficult to replace them.
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ST LEONARDS PRESCHOOL ACCOUNTS
RECEIPTS AND PAYMENTS FOR THE PERIOD 1ST SEPTEMBER 2023 TO 31ST AUGUST 2024
2023/24 2022/23
TOTAL TOTAL
OPERATING RECEIPTS £ £
Non funded childcare places 5969.37 6935.00
DCC Early Years Grant 54267.49 33823.50
Fundraising 21.06 339.70
Donations 4000.00
Grant 200.00
Interest 682.65 281.37
ICS
61140.57 45379.57
OPERATING PAYMENTS
Wages, Employers NIC, Pension 38942.08 40726.34
Provisions etc
General running costs:
YPO, crafts & activities 424.47 354.99
Stationary
Repairs 33.00
Tapestry 30.00 225.60
Website renewal 57.46 67.07
Equipment
Other costs 511.93 450.00 1130.66
Training 224.60
Rent 1150.00 2189.05
Gas & electricity
Fundraising expenditure 30.00
Gifts 225.00 40.00
Preschool Learning Alliance 860.80 821.53
OFSTED 35.00 35.00
Data Protection 35.00 35.00
DBS checks & health checks
CAF Bank fees 60.00 60.00
Palace Gate expenses
Redundancy payments
42044.41 45067.58
Net Receipts/Deficit 19096.16 311.99
STATEMENT OF ASSTS AND LIABILITIES AS AT 31ST AUGUST 2024
Current Assets
CAF CafCash Account 22423.48 3986.16
CAF Gold Account 27321.41 26662.57
49744.89 30648.73
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I confirm that this is a true copy of the accounts for the year to 31st August 2024 and that no
discrepancies have occurred.
Karen McClancy
BANK RECONCILIATION TO 31.8. 24
BANK OPENING BALANCES AT 1 SEPTEMBER 2023 30648.73
ADD RECEIPTS 61140.57
LESS PAYMENTS -42044.41
49744.89
BANK CLOSING BALANCES
CAF BANK CURRENT 22423.48
CAF BANK DEPOSIT 27321.41
49744.89
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I confirm that the Receipts and Payments Account 2023-2024 is a true copy of the accounts of St Leonards Preschool for the year to 31st August 2024 and that no discrepancies have occurred.
Karen McClancy Administrator 16.6.2025