Annual Trustees Report July 2024 

Preschool have had a successful year this year with our intake of children. We have had a huge interest in 2 year old places since the new funding. 

We have now had enquires for children up to the year of 2027. Which looks good for our future. 

We have had successful fundraising events and would like to increase new fundraising events for next year. 

We have updated our computer systems to EYlog which helps our website, enquires and registrations. It also helps with using less paper as children will be on the data base. 

As seen on our financial report this year we have made a slight profit. But with bills and wages going up over the next year at least we know we are in a comfortable situation. 



## **Hedge End Village Hall Preschool** 

## **- Financial Statement Aug 2023 July 2024** 

|**INCOME**|**AUGUST**|**SEPT**|**OCT**|
|---|---|---|---|
|Fees|162.00|1171.00|1583.80|
|Funding|119.28|29942.50|3774.14|
|Fundraising|14.76|52.04|250.00|
|Interest||||
|Miscellaneous||||
|||||
||**296.04**|**31165.54**|**5607.94**|



|**EXPENDITURE**|**AUGUST**|**SEPT**|**OCT**|
|---|---|---|---|
|||||
|Computer Software|45.60|45.60|70.60|
|Computer Hardware|||153.79|
|Bank charges|32.55|7.00|19.95|
|Advertising||||
|Phone/Internet|42.64|42.64|42.64|
|Travel||||
|Subscriptions||||
|Repairs/Maint||||
|Ofce Costs / Resources||25.75|416.28|
|Employment Costs||||
|Print/Stationery||45.69|121.22|
|Postage||||
|Bookkeeping|||25.50|
|Cleaning||108.88|34.36|
|Rent||1800.00||
|Gas/Elec|611.50|||
|PlayResources / Activities|98.99|332.73|923.52|
|Wages|7244.79|7369.54|7938.27|
|HMRC|586.63|172.23|489.63|
|Pension Costs||534.28|509.92|
|Uniform||110.60|92.40|
|Food/Drink||23.48|79.17|
|DBS Checks||48.60|50.73|
|Staf Training||80.40|456.00|
|Insurance||||
|Staf Party||||
|Misc|228.50|||
||**8891.20**|**10747.42**|**11423.98**|
|**proft / loss**<br>**-8595.16**<br>**20418.12**<br>**-5816.04**||||



## **profit / loss** 

**Balance Sheet** 

**AUGUST SEPTEMBER OCTOBER** 



|||||
|---|---|---|---|
|bank a/c 53732405 Natwest|40414.72|60805.33|54980.29|
|bank a/c 53732421 Natwest|7387.08|7387.08|7387.08|
|bank a/c 53732413 Natwest|8894.88|8894.88|8894.88|
|pettycash|92.10|119.61|128.61|
|bank a/c 53732405 Natwest<br>bank a/c 53732421 Natwest<br>bank a/c 53732413 Natwest<br>petty cash|**56788.78**|**77206.90**|**71390.86**|
||**31.08.23**<br>**30.09.23**<br>**31.10.23**<br>40414.72<br>60805.33<br>54980.29<br>7387.08<br>7387.08<br>7387.08<br>8894.88<br>8894.88<br>8894.88<br>92.1<br>119.61<br>128.61<br>**56788.78**<br>**77206.9**<br>**71390.86**|||
|||||





|**NOV**|**DEC**|**JAN**|**FEB**|**MARCH**|**APRIL**|**MAY**|**JUNE**|
|---|---|---|---|---|---|---|---|
|2023.30|3500.80|1264.80|1015.60|2759.50|3712.96|834.05|1124.40|
||1840.19|34196.37|3918.09|100.00||43064.20||
|281.60|417.00|69.92|||233.50|||
|||||||||
|||||||||
|||||||||
|**2304.90**|**5757.99**|**35531.09**|**4933.69**|**2859.50**|**3946.46**|**43898.25**|**1124.40**|



|**NOV**|**DEC**|**JAN**|**FEB**|**MARCH**|**APRIL**|**MAY**|**JUNE**|
|---|---|---|---|---|---|---|---|
|||||||||
|45.60|45.60|1242.84|215.58|45.60|45.60|45.60|45.60|
|||||||||
|||24.67|21.00|16.10|22.05|18.90|21.70|
|||||||||
|42.64|439.51|46.83|46.83|46.83|46.83|47.38|52.68|
||||||||7.30|
||835.62||||||-29.98|
|||||||45.00||
|430.58|321.24|409.30|637.61|192.77|305.26|417.19|79.53|
|||||||||
|129.65||154.56||97.69|15.86|31.14|80.96|
||||||||24.85|
|25.50|25.50|25.50|34.00|17.00|25.50|||
|||19.36|194.78|12.05||60.08|16.36|
||1800.00|||1800.00|||1800.00|
||695.99|||469.00|||241.74|
|-146.80|156.48|176.92|252.55|514.71|204.71|-36.22|-678.29|
|7900.96|8507.68|8227.66|7444.96|8717.35|9063.15|8631.51|8582.79|
|381.34|497.99|337.58||||||
|438.18|471.57|456.67|533.37|638.05||1211.98||
||-20.00|109.27|-12.00|100.73|-5.00|-8.00||
|61.82|146.13|138.17|58.02|302.59|111.88|59.09|105.87|
||25.46|||||||
|374.04||35.99|24.00||38.40|||
|||||||||
|80.00|370.00|||||||
||104.07|||25.00|||0.30|
|**9763.51**|**14422.84**|**11405.32**|**9450.70**|**12995.47**|**9874.24**|**10523.65**|**10351.41**|
|**-7458.61**<br>**-8664.85**<br>**24125.77**<br>**-4517.01**<br>**-10135.97**<br>**-5927.78**<br>**33374.60**<br>**-9227.01**||||||||



**NOVEMBER DECEMBER JANUARY** 

**MARCH APRIL MAY JUNE** 

**FEBRUARY** 



|||||||||
|---|---|---|---|---|---|---|---|
|47215.08|38269.73|62246.52|57761.28|47650.31|41489.03|74855.63|65579.12|
|7387.08|7387.08|7387.08|7387.08|7387.08|7387.08|7387.08|7387.08|
|8894.88|9469.88|9622.16|9622.16|9622.16|9692.16|9692.16|9692.16|
|435.21|140.71|137.41|105.64|105.64|244.14|252.14|301.64|
|**63932.25**|**55267.40**|**79393.17**|**74876.16**|**64765.19**|**58812.41**|**92187.01**|**82960.00**|
|**30.11.23**<br>**31.12.23**<br>**31.01.24**<br>**28.02.24**<br>**31.03.24**<br>**30.04.24**<br>**31.05.24**<br>**30.06.24**<br>47215.08<br>38269.73<br>62246.52<br>57761.28<br>47650.31<br>41489.03<br>74855.63<br>65579.12<br>7387.08<br>7387.08<br>7387.08<br>7387.08<br>7387.08<br>7387.08<br>7387.08<br>7387.08<br>8894.88<br>9469.88<br>9622.16<br>9622.16<br>9622.16<br>9692.16<br>9692.16<br>9692.16<br>435.21<br>140.71<br>137.41<br>105.64<br>80.64<br>244.14<br>252.14<br>301.64<br>**63932.25**<br>**55267.4**<br>**79393.17**<br>**74876.16**<br>**64740.19**<br>**58812.41**<br>**92187.01**<br>**82960**||||||||





|**Jul-24**|**total**|
|---|---|
|997.70|20149.91|
|399.80|117354.57|
||1318.82|
||0.00|
||0.00|
||0.00|
|**1397.50**|**138823.30**|



|**Jul-24**|**total**|
|---|---|
||0.00|
|45.60|1939.42|
||153.79|
|29.75|213.67|
||0.00|
|51.34|948.79|
||7.30|
|35.00|840.64|
||45.00|
|269.48|3504.99|
||0.00|
|317.25|994.02|
|12.45|37.30|
|72.00|250.50|
|11.90|457.77|
||7200.00|
||2018.23|
|3459.69|5258.99|
|8834.36|98463.02|
||2465.40|
|1708.71|6502.73|
|150.44|518.44|
|172.93|1259.15|
||124.79|
||1008.83|
||0.00|
||450.00|
|-0.01|357.86|
|**15170.89**|**135020.63**|
|**-13773.39**||
|**JULY**||



575 misc -difference between end of dec petty cash a 



||||
|---|---|---|
|51814.97||48796.14|
|7387.08||7387.08|
|9692.16||8880.12|
|292.40||320.60|
|**69186.61**||**65383.94**|



|**31.07.24**|**Diference**||
|---|---|---|
|51814.97|-13764.15||
|7387.08|0.00|3018.83|
|9692.16|0.00|0|
|292.4|-9.24|812.04|
|**69186.61**|-13773.39|-28.2|





nd beginning of jan

**Hedge End Village Hall Preschool Income and Expenditure Statement** 

## **Income** 

Fees HCC Funding Fundraising Interest Other Contributions 

## **Expenditure** 

Telephone Garden Resources & Office Costs Repairs & Maintenance Bank Charges Accountancy Police Checks Rent Cleaning Food & Drink Insurance Gas / Elec IT/Software Comp. Equip Activities / Play Resources Printing/Stationery Postage Subscriptions Advertising Staff Training Staff / Childrens Uniform Staff Outings Travel Employment costs Wages PAYE/NI Pension Misc 

Net profit for the year Funds b/f @ 01/08/2022 Bank balances & Petty Cash   c/f @ 31/07/2024 

I, Claire Paine, can verify that I have checked these acco knowledge, find them to be true and accurate. 

Signed  C Paine 

10/31/2024 



## **For the Period August 2023 - July 2024** 

|**Aug**|**2023**|**- July**|**2024**|**Aug**|**2022 - July 2023**|
|---|---|---|---|---|---|
|||||£ £||
|||||20150|11557|
|||||117355|114688|
|||||1319|2554|
||||||-7|
|||||**138823**|**128792**|
|||||949|898|
|||||3505|6523|
|||||45|1395|
|||||214|268|
|||||251|536|
|||||125|145|
|||||7200|7320|
|||||458|621|
|||||1259|1651|
||||||0|
|||||2018|2137|
|||||1939|3119|
|||||154|2068|
|||||5259|5569|
|||||994|1770|
|||||37|0|
|||||841|934|
||||||0|
|||||1009|591|
|||||518|1037|
|||||450|380|
|||||7|5|
||||||50|
|||||98463|83140|
|||||2465|3560|
|||||6503|5752|
|||||358|578|
|||||**135020.63**|**130046.92**|
|||||**3803**|**-1255**|
|||||65383.94|66638.7|
|||||69186.61|65383.94|
|||||**3802.67**|**-1254.75999999999**|



unts and, to the best of my 



## **HEDGE END VILLAGE HALL PRESCHOOL** 

## **Financial Report for the year ended 31.07.24** 

The income for the period was £138,823 with expenditure being £135,021. Therefore, the Preschool have made a profit of the year of £3,803. 

The bank balances as at 31 July 2023 were; 

Account 53732405 51,814.97 

Account 53732421 7,387.08 Account 53732413 9,692.16 Petty Cash 292.40 

Income increased last year by nearly £10k, which is a smaller increase then the previous year which was a £23k increase.  This is still positive and both paying fees from parents and funding from Hampshire County Council has increased. 

After last years significant increase in resources and office costs due to flooring and plumbing work, it is good to see that this has reduced back down to £3,505. Repairs and maintenance has also significantly reduced due to the same reasons.  There has been a £15k increase in staff wages, however this is reflected in the increase in fees so should not be a cause for concern.  We continue to use NEST as our pension provider.  There are no other significant increases to report. 

I believe that the Preschool is in a very strong financial position moving into 24/25. 

Claire Paine (AICB) 

Independent Auditor