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2023-08-31-accounts

Ellenborough Park Preschool Bookkeepers Report 1 September 2022 to 31 August 2023

This report has been compiled for the AGM of Ellenborough Park Preschool.

This is the first full year under the new manager Raiya Every and the second year of rebranding of the Preschool to Ellenborough Park Preschool – we have also had a number of staff leave to further their careers in other settings.

We have finally had some success with sorting out a bank account in the name of Ellenborough Park Preschool. This is down to a helpful associate from the Know Your Customer team at Barclays who advised that we were able to merge the two charities to enable the transfer of all the staff and assets from one to the other.

We are still awaiting a new bank account to be set up which is still in process, and we are continuing to use Noah’s Ark Preschool bank account in the interim. The Trustees of Noah’s Ark Preschool are happy for this to continue until a new account can be procured. North Somerset Council (where the majority of our funding comes from) are also aware of this and are happy to continue to provide the funding through this account.

This year has still been difficult with the effects of the Covid-19 pandemic lingering and affecting attendance by the children. The trustees continue to thank all the staff for the hard work to ensure that all the government and health guidance was updated and put into place to allow the Preschool to operate. Thank you.

The accounts for the last financial year 2022/23 show that the Preschool has made a small loss of £711. This is due to the increase in the cost of purchases and wages due to inflation. We have also not received many donations or carried out a lot of fundraising this year which is a reflection of the state of the economy for the past few year.

The plans for the next year are to hopefully continue fund raising through various events although, due to Covid these may not be possible, but ideas for the usual bags for schools, sponsored walk etc. as well as try to further increase the numbers of children attending as we have the facility to do so.

We look forward to next year.

Prepared by Linda Neale Bookkeeper - AAT Qualified 31 October 2023

Registered Charity Number: 1184535

Ellenborough Park Preschool

Profit and Loss 1 September 2022 - 31 August 2023

Income 2022/23
Preschool Fees £ 5,593
Preschool Education Funding £ 131,049
Donations £ 86
Total Income £ 136,729
Expense
Purchases (Food & Materials) £ 23,800
Gross Wages (Inc Pension) £ 91,680
Bookkeeping & Admin £ 5,675
Office Costs £ 3,328
Professional Fees (Ofsted & DBS) £ 255
Uniform Costs £ -
Training Costs £ 1,556
Insurance £ 836
Rent for Corpus Christie Hall £ 9,600
New Computer Equipment £ 709
Total Expenses £ 137,439
Loss for Year 711

Registered Charity Number: 1184535

Independent Examiner’s Report to the Trustees of Noah’s Ark Pre-School

I report on the accounts of the Trust for the year ended 31[st] August 2023 which are set out on the following pages.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Commissioners (under section 43(7)(b) of the 1993 Act);

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An Examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiners statement

In connection with my examination, no matter has come to my attention:

Have not been met, or

Name: Wayne Perkins

Qualification: Association of Accounting Technicians

Address: 21 Worston Lane, Burnham-on-Sea, TA8 1LY