## **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 


**----- Start of picture text -----**<br>
INCOME:<br>Fees £                         33,680.63<br>Council Funding £                       103,113.41<br>Donations & Fundraising £                             1,419.50<br>£         138,213.54<br>EXPENDITURE:<br>Wages -£                       108,370.82<br>General Operating Expenses -£                         19,317.27<br>Resources & Equipment -£                         14,088.33<br>£         141,776.42<br>Deficit for the year -£               3,562.88<br>**----- End of picture text -----**<br>


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.