BERRIEW PRE-SCHOOL AND TODDLER GROUP YEAR ENDED 31 DECEMBER 2023 TREASURER’S REPORT
I enclose the financial report of the Berriew Pre-school and Toddler Group for 2023.
The amount of fees received was higher than in previous years due to an increase in the number of children attending the setting. The Funding has increased significantly due to the additional funding for ALN. Donations and fundraising have decreased this year due to one off events last year from a Charity Auction and local Show Fundraising events
The total wage payments for the year have increased in line with the increased in number of children attending the setting, additionally there was two addiitonal staff wages to cover the maternity pay and the SSP was not being fully recovered during this year. General operating expenses have increased in line with increased numbers in the setting. Resources have increased greatly due to money spent on new flooring outside setting as well as seating.
The Net outcome for the year is a deficit of £2,159.55, the bank balance for the current account is £4,886.85 as at 31 December 2023. The Reserve Account has a balance of £22,465.41 as at 31st December 2023.
SIGNED: ______DATE:_____
REBECCA JAMES - TREASURER
BERRIEW PRE-SCHOOL AND TODDLER GROUP STATEMENT OF INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31 DECEMBER 2023
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INCOME:
Fees £ 36,372.52
Council Funding £ 104,053.76
Donations & Fundraising £ 793.75
£ 141,220.03
EXPENDITURE:
Wages -£ 96,399.74
General Operating Expenses -£ 25,690.55
Resources & Equipment -£ 21,289.29
-£143,379.58
Deficit for the year -£ 2,159.55
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NOTES:
General Operating Expenses are those expenses which would be incurred, regardless of enrolments e.g. insurance, memberships and rent. Whereas, Resources & Equipment are expenses incurred in the provision of care for enrolled children e.g. Snacks, drinks, play equipment and learning resources.