Aycliffe Drive Pre-School
Grove Hill Hemel Hempstead Herts, HP2 6LJ Telephone No. 01442 973183
Business Manager’s Report
16 December ‘25
It has been a successful year for many reasons, the children have made good progress, leadership has worked hard and we are full for the numbers of staff employed.
Since joining the 2 year old expansion scheme, we have seen numbers increase and I have managed to obtain a small amount of funding towards this but my worry is that when parents are eligible to obtain up to 30 free hours for their child from 9 months old, we will lose our main income of 2 year olds, because most parents will not need/want to move their child, once they are settled in a setting.
However, since signing our new lease, we are now paying business rates, (with a reduction for being a registered charity) but this sufficient additional cost together with the cost of living rises, national insurance and minimum wage rises, finances are always a worry to try to remain sustainable. It is worth mentioning that the pressure to offer highly qualified staff, training staff must attend. High quality resources, required to be able to gain a ‘Good’ Ofsted inspection to continue to receive funding, is becoming harder, but this year has been a much more successful year because our numbers have been high and we have been full to capacity.
Enquiries from parents wanting a place for 2 yr olds are ongoing, so this looks very promising. We have a good waiting list for September and new children joining us after the Easter break.
We remain hopeful that child funding rates will increase to a proportion that helps towards the above rising expenditure we now face.
Continuation of investigating the possibility of Grants will be ongoing and looking for ways to promote our setting to attract new families will remain a priority.
I always finish my report by saying all we can do is continue to keep any expenditure within our control to a minimum and hope with the number of enquiries interested in places, we look forward to a prosperous new financial year. If we can attract the same numbers of children on our register next year, we will be in a good position to continue to offer a high standard preschool for the community.
Tracey Wartnaby Business Manager
Registered Charity No. 1175128
IWUME & EIl)ENDITURE YEAR ENDING 28th FEBRUARf 2025 IOmE Fees Fhotosl Fundrdllng Herts CC Grants & sUppt Interest Re1vable Total 7272 650 120.592 398 309 89,767 128513 Ik EXPENDITURE Salaries Penssons HMRC Staff training Wages Admin Insurance & Memberthip Building/Cleaniro Fhone Actimties Toys Office Supplles Sundries (2) HCC Supplies12) Snacks13) StampslPostsge Miscellaneous 70,136 2,947 9.521 78290 3.596 9.803 556 1,462 1286 1.422 1,115 1,128 72 81 182 71 412 117 316 313 11 5,321 Total 88.754 104OW 21 Operdting &rpknsffj)efth {-) forypaT 1.013 24494 3
AYCLIFFE DRIVE PRESCHOOL CIO CERTIFICATION OF ACCOUNTS AS AT 28 FEBRUARY 2025 I certify that the attached Income and Expenditure account 15 in accordance with the records, information and explanations provided to me. CLAIRE TWOMEY Independent Verifier