BERRIEW PRE-SCHOOL AND TODDLER GROUP
YEAR ENDED 31ST DECEMBER 2024
TREASURER’S REPORT
I enclose the financial report of the Berriew Pre-school and Toddler Group for 2024
The fees for the year have decreased by £2,692 due to a decrease in the number of children attending the setting this year. Similarly council funding has decreased slightly in line with this. A successful Bunny Hop was help this year raising funds for the setting.
Wages have increased by £11,971 this year. This is due to pay increases in line with the minimum wage increase. Additionally in line with recommendations from inspections the 1:1 ratios with children was amended from 1:8 to 1:6, so therefore the need for additional staff members. There have been various improvements to the setting this year as in previous years.
The Net outcome for the year is a deficit of £3,562.88, the bank balance for the current account is £449.28 as at 31st December 2024. The Reserve Account has a balance of £23,761.75 as at 31st December 2024.
SIGNED: ______DATE:_____30/10/25
REBECCA JAMES - TREASURER
SIGNED: _J E Turner____DATE:_30/10/25______
Joanne Turner
Manager WR Partners Accountants
BERRIEW PRE-SCHOOL AND TODDLER GROUP STATEMENT OF INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31ST DECEMBER 2024
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INCOME:
Fees £ 33,680.63
Council Funding £ 103,113.41
Donations & Fundraising £ 1,419.50
£ 138,213.54
EXPENDITURE:
Wages -£ 108,370.82
General Operating Expenses -£ 19,317.27
Resources & Equipment -£ 14,088.33
£ 141,776.42
Deficit for the year -£ 3,562.88
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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.