## **Treasurer's Summary**
## **Whitchurch-on-Thames Pre-School**
## **For the year ended 31 March 2022 Cash Basis**
## **Summary of 2021/22 Performance**
The year ended 31/03/2022 was a strong year for the pre-school, against a backdrop of rising costs and increasing staff wages.
Income, including grants, was £120,855 vs £83,226. This reflects greater occupancy rates at the school coupled with limited disruptions from COVID-19 lockdowns.
Staff costs were up 50%, at £76,070 vs £50,600 the year previous, but this reflects higher numbers of staff to reflect increased attendance, as well as the result of the pay rises award in the year. Staff costs will need to be closely monitored against income in 2022/23 to ensure we are maintaining a viable operation at the pre-school.
Overall our operating surplus was £17,400 vs £12,525 in FY2021. Coupled with a solid fundraising performance and limited spending from the fundraising pot, the overall surplus for the year was £24,565 vs £13,570 the year before.
From a cash perspective, the preschool continues to build reserves, which hopefully can be used to fund the refurbishment of the setting. Overall cash reserves are just over £130,000.
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
## **Receipts and Payments**
## **Whitchurch-on-Thames Pre-School For the year ended 31 March 2022 Cash Basis**
|**Receipts and Payments**
**Whitchurch-on-Thames Pre-School**
**For the year ended 31 March 2022**
**Cash Basis**|**Receipts and Payments**
**Whitchurch-on-Thames Pre-School**
**For the year ended 31 March 2022**
**Cash Basis**|
|---|---|
|**2022**
**2021**||
|**Operating Income**||
||**Business Income**|
||Fees and lunch club
54,864
24,326|
||Grants
65,913
58,329|
||Registration
75
320|
||Bank interest
3
251|
||**Total Business Income**
**120,856**
**83,227**
**Other Income**|
||Children's Uniform (207)
22
162|
||Other Income
190
2,509|
||**Total Other Income**
**212**
**2,671**|
|**Total Operating Income**
**121,068**
**85,897**
**Operating Expenditure**||
||**Employment**|
||Staff Wages
69,535
45,635|
||HMRC
4,013
3,457|
||Training
1,580
914|
||Fees inc Agency & Recruitment
941
613|
||Staff Uniforms
-
32|
||**Total Employment**
**76,070**
**50,651**
**Operating Costs**|
||Stationery and Printing
348
977|
||Educational costs
7,863
871|
||Food and drink
446
59|
||Hygiene and Sanitation
1,660
2,297|
||Insurance
2,009
1,991|
||Advertising
158
-|
||Memberships and Registrations
2,100
2,087|
||Magazine Subscriptions
59
-|
||**Total Operating Costs**
**14,642**
**8,281**
**Utilities**|
||Electricity
632
615|
||Gas
486
463|
||Telephone
591
499|
||Water
258
-|
||**Total Utilities**
**1,967**
**1,577**|
**Property**
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
Receipts and Payments
||**2022**
**2021**|
|---|---|
||Electrical testing
119
107|
||Electrical equipment (inc. IT)
-
266|
||Cleaning
2,354
1,754|
||Gardening (inc. equipment)
71
181|
||Repairs and maintenance
4,198
835|
||Outdoor Equipment
174
236|
||**Total Property**
**6,917**
**3,378**
**Other expenses**|
||Children's Uniform (320)
912
-|
||Gifts
593
600|
||Miscellaneous
2,073
7,370|
||Occasions / Entertainment
144
-|
||Outdoor Learning
349
1,514|
||**Total Other expenses**
**4,072**
**9,484**|
|**Total Operating Expenditure**
**103,667**
**73,371**||
|**Operating Surplus / (Deficit)**
**17,401**
**12,526**
**Fundraising**||
|Fundraising & Donations
7,873
12,654||
|Cost of Fundraising
(61)
(669)||
|Fundraising Purchases
(647)
(10,941)||
|**Fundraising Surplus / Deficit**
**7,164**
**1,044**||
|**Combined Surplus / (Deficit)**
**24,565**
**13,570**||
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
## **Statement of Financial Position**
## **Whitchurch-on-Thames Pre-School As at 31 March 2022**
## **Cash Basis**
|**Statement of Financial Position**
**Whitchurch-on-Thames Pre-School**
**As at 31 March 2022**
**Cash Basis**|**Statement of Financial Position**
**Whitchurch-on-Thames Pre-School**
**As at 31 March 2022**
**Cash Basis**|
|---|---|
|**31 MAR 2022**
**31 MAR 2021**||
|**Current Assets**||
||**Cash at bank and in hand**|
||CAF Cash Account
60,580
39,541|
||CAF Gold Account
19,831
16,173|
||Equals Card
23
198|
||Manchester Building Society
49,903
49,903|
||Soldo Card
44
-|
||**Total Cash at bank and in hand**
**130,380**
**105,815**|
|**Total Current Assets**
**130,380**
**105,815**
**Creditors: amounts falling due withinone year**||
|Rounding
-
-||
|**Total Creditors: amounts falling due within one year**
**-**
**-**||
|**Net Current Assets (Liabilities)**
**130,380**
**105,815**||
|**Total Assets less Current Liabilities**
**130,380**
**105,815**||
|**Net Assets**
**130,380**
**105,815**
**Capital and Reserves**||
|Current Year Earnings
24,565
13,570||
|Surplus / Deficit
105,815
92,245||
|**Total Capital and Reserves**
**130,380**
**105,815**||
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
## **Treasurer's Summary**
## **Whitchurch-on-Thames Pre-School**
## **For the year ended 31 March 2022 Cash Basis**
## **Summary of 2021/22 Performance**
The year ended 31/03/2022 was a strong year for the pre-school, against a backdrop of rising costs and increasing staff wages.
Income, including grants, was £120,855 vs £83,226. This reflects greater occupancy rates at the school coupled with limited disruptions from COVID-19 lockdowns.
Staff costs were up 50%, at £76,070 vs £50,600 the year previous, but this reflects higher numbers of staff to reflect increased attendance, as well as the result of the pay rises award in the year. Staff costs will need to be closely monitored against income in 2022/23 to ensure we are maintaining a viable operation at the pre-school.
Overall our operating surplus was £17,400 vs £12,525 in FY2021. Coupled with a solid fundraising performance and limited spending from the fundraising pot, the overall surplus for the year was £24,565 vs £13,570 the year before.
From a cash perspective, the preschool continues to build reserves, which hopefully can be used to fund the refurbishment of the setting. Overall cash reserves are just over £130,000.
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
## **Receipts and Payments**
## **Whitchurch-on-Thames Pre-School For the year ended 31 March 2022 Cash Basis**
|**Receipts and Payments**
**Whitchurch-on-Thames Pre-School**
**For the year ended 31 March 2022**
**Cash Basis**|**Receipts and Payments**
**Whitchurch-on-Thames Pre-School**
**For the year ended 31 March 2022**
**Cash Basis**|
|---|---|
|**2022**
**2021**||
|**Operating Income**||
||**Business Income**|
||Fees and lunch club
54,864
24,326|
||Grants
65,913
58,329|
||Registration
75
320|
||Bank interest
3
251|
||**Total Business Income**
**120,856**
**83,227**
**Other Income**|
||Children's Uniform (207)
22
162|
||Other Income
190
2,509|
||**Total Other Income**
**212**
**2,671**|
|**Total Operating Income**
**121,068**
**85,897**
**Operating Expenditure**||
||**Employment**|
||Staff Wages
69,535
45,635|
||HMRC
4,013
3,457|
||Training
1,580
914|
||Fees inc Agency & Recruitment
941
613|
||Staff Uniforms
-
32|
||**Total Employment**
**76,070**
**50,651**
**Operating Costs**|
||Stationery and Printing
348
977|
||Educational costs
7,863
871|
||Food and drink
446
59|
||Hygiene and Sanitation
1,660
2,297|
||Insurance
2,009
1,991|
||Advertising
158
-|
||Memberships and Registrations
2,100
2,087|
||Magazine Subscriptions
59
-|
||**Total Operating Costs**
**14,642**
**8,281**
**Utilities**|
||Electricity
632
615|
||Gas
486
463|
||Telephone
591
499|
||Water
258
-|
||**Total Utilities**
**1,967**
**1,577**|
**Property**
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
Receipts and Payments
||**2022**
**2021**|
|---|---|
||Electrical testing
119
107|
||Electrical equipment (inc. IT)
-
266|
||Cleaning
2,354
1,754|
||Gardening (inc. equipment)
71
181|
||Repairs and maintenance
4,198
835|
||Outdoor Equipment
174
236|
||**Total Property**
**6,917**
**3,378**
**Other expenses**|
||Children's Uniform (320)
912
-|
||Gifts
593
600|
||Miscellaneous
2,073
7,370|
||Occasions / Entertainment
144
-|
||Outdoor Learning
349
1,514|
||**Total Other expenses**
**4,072**
**9,484**|
|**Total Operating Expenditure**
**103,667**
**73,371**||
|**Operating Surplus / (Deficit)**
**17,401**
**12,526**
**Fundraising**||
|Fundraising & Donations
7,873
12,654||
|Cost of Fundraising
(61)
(669)||
|Fundraising Purchases
(647)
(10,941)||
|**Fundraising Surplus / Deficit**
**7,164**
**1,044**||
|**Combined Surplus / (Deficit)**
**24,565**
**13,570**||
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
## **Statement of Financial Position**
## **Whitchurch-on-Thames Pre-School As at 31 March 2022**
## **Cash Basis**
|**Statement of Financial Position**
**Whitchurch-on-Thames Pre-School**
**As at 31 March 2022**
**Cash Basis**|**Statement of Financial Position**
**Whitchurch-on-Thames Pre-School**
**As at 31 March 2022**
**Cash Basis**|
|---|---|
|**31 MAR 2022**
**31 MAR 2021**||
|**Current Assets**||
||**Cash at bank and in hand**|
||CAF Cash Account
60,580
39,541|
||CAF Gold Account
19,831
16,173|
||Equals Card
23
198|
||Manchester Building Society
49,903
49,903|
||Soldo Card
44
-|
||**Total Cash at bank and in hand**
**130,380**
**105,815**|
|**Total Current Assets**
**130,380**
**105,815**
**Creditors: amounts falling due withinone year**||
|Rounding
-
-||
|**Total Creditors: amounts falling due within one year**
**-**
**-**||
|**Net Current Assets (Liabilities)**
**130,380**
**105,815**||
|**Total Assets less Current Liabilities**
**130,380**
**105,815**||
|**Net Assets**
**130,380**
**105,815**
**Capital and Reserves**||
|Current Year Earnings
24,565
13,570||
|Surplus / Deficit
105,815
92,245||
|**Total Capital and Reserves**
**130,380**
**105,815**||
Financial Year End Report 2021-22
Whitchurch-on-Thames Pre-School
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
On accounts for the yoar
ended
0fknknLL
Charity no
{if any)
Iozl Lkl
Set out on pages
Iremeniber to Indude ltta paaB numbèts ¢11 Addthon&l shegtsl
I report lo the trustees on my examination of the accounts of the above
charity ("the Trust I for the year ended a Dg 202
As the charity's trustees, you are responsible for the preparation of the
accounts in accordan with the requirements of the Charities Act 2011
{"the Ad'l.
Responsibilities and
basis of report
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(51(bl of the Act.
Independent tThe charity's gross income excee
am qualified to
oxaminer's statement undertake t
y being a qualified member of Iinsert name of
le listed bodyll. Délele I l if nol applicable.
I have completed my examination. I confim that no material matters have
come to my attention in connection with the examination l¢)the
seb6. which gives me cause to believe that in. any matenal
respect..
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
concerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
'pi
S8 dele
the words in the brackets rfthey do not apply.
Signed:
Date:
OLL
Name:
Relevant professlonal
qualifi¢ationlsl or body
) FocE
IER
Oct 2018