Although this academic year was technically free from restrictions, Covid continued to disrupt activities in both settings. Absences amongst staff and children were higher than a normal year and once again to keep the settings as covid free as possible, parents were unable to enjoy the usual activities such as the nativity and other Christmas festivities at CHUF during the Autumn/Winter term. I am immensely proud of how the Anne and the staff have remained committed to furthering the children’s social and academic development, whilst ensuring they remain in a safe and secure environment. As well as being Preschool Assistants and Supervisors, the staff have added the role of Cleaner to their responsibilities. I would like to thank them for another year of rolling their sleeves up and doing what it takes to keep CHUF running. At the start of the year, Anne announced her intention to retire following a 22-year tenure. We are sad to see Anne depart and wish her well in her retirement. Anne will be staying on in the background as a Trustee, and her knowledge of CHUF will prove incredibly beneficial in continuing the drive the charity forward. In February we undertook an extensive recruitment process and following in depth interviews with 3 very strong candidates, the decision was made to appoint Kasia Kowalska as Manager of CHUF. Kasia is currently working as a Supervisor at the Haddenham setting and has been with us for 11 years. She has the skills, experience, and ideas to ensure CHUF continues to operate as a top preschool. We are pleased to welcome her to the management team and remain on hand to provide any support she requires in her new role. Spring and summer have seen us return to move normal ways of operating, in particular being able to welcome parents and visitors to CHUF has brought much enjoyment to the children. Financially we are in a good position thanks not only to the increased number of children attending CHUF, but also several successful grant applications which have helped us to improve equipment and technology across both sites. Next year we hope to work closely with Kasia to ensure funds are used to provide the children and parents with the best possible service. A key initiative for next year is to set up a parent fundraising group. Many of the previous team have since departed as their children moved up to primary school. This leaves a clean slate for a team of you to devise fundraising events. As Trustees we have all previously held this role, so will be on hand to guide as needed. Please do get involved, its very rewarding to see what has been purchased for the children as a result of your efforts. Once again, the Trustees would like to extend a massive thank you to the staff of CHUF for putting in another excellent year’s work. We would also like to thank you, the parents, and carers for all your support and look forward to welcoming new and old faces next academic year. ## **Chearsley and Haddenham Under Fives (CHUF)** |**Receipts and Payment Account**
**Income**
**Bank interest received**
**Donations**
**Fundraising Activities**
**Bucks CC Funding**
**Fees**
**Furlough Grant 2020**
**Early years Grant money**
**Total Income**
**Expenses**
**Administrative Costs**
**Bank charges**
**Cleaning Products & services**
**Donations made**
**Child progress Log licence fee**
**Professional Services**
**Fundraising Expenses**
**Insurances**
**Advertising/Promotional**
**Total Expenditures**
**Operating costs**
**Play Equipment**
**Play Materials**
**Refreshments**
**Total Operating costs**
**Rent**
**Total Rent**
**Salaries**
**Gifts and parties for staff**
**Staff Training**
**Total Salaries**
**Total Expenses**
**Net Operating Income**
**Net Income**
**Balance Sheet Summary**
**Current Assets**
**Cash at bank and in hand**
**Debtors**
**Net current assets**
**Creditors: amounts due within one year**
**Trade Creditors**
**Deferred income**
**Total Creditors**
**Net current assets (liabilities)**
**Financed by**
**Retained Earnings**
**Surplus/Loss for the year**
**Total Capital and Reserves**|**31st August 2022 31st August 2021**
6.15
7.64
62.47
280.00
4,084.61
1,269.89
88,322.07
110,509.36
59,062.00
29,296.62
0.00
1,835.45
12,500.00
8,078.00
**£ 164,037.30 £ 151,276.96**
3,487.58
3,957.56
131.84
120.05
1,667.31
2,379.96
12.60
15.00
390.00
705.60
11,682.26
9,878.86
98.78
20.00
1,508.18
1,510.17
212.42
93.29
**£ 19,190.97 £ 18,680.49**
5,515.60
3,262.15
2,947.14
1,919.03
711.12
678.33
**£ 9,173.86 £ 5,859.51**
8,995.50
7,836.00
**£ 8,995.50 £ 7,836.00**
151,165.93
143,167.42
359.37
1,759.36
-1,016.26
1,139.99
**£ 150,509.04 £ 146,066.77**
**£ 187,869.37 £ 178,442.77**
**-£ 23,832.07 -£ 27,165.81**
**-£ 23,832.07 -£ 27,165.81**
53,898.48
69,308.10
1,317.00
54.50
**£ 55,215.48 £ 69,362.60**
185.75
385.51
9,884.71
0.00
**£ 10,070.46 £ 385.51**
**£ 45,145.02 £ 68,977.09**
68,977.09
96,142.90
-23,832.07
-27,165.81
**£ 45,145.02 £ 68,977.09**| |---|---| SUMMERS Chartered Certified Accountants Business Advisors Tax Consultants 42A Upper High Street Thame Oxfordshire OX9 2DW Phone 01844 279340 Fax 01844 216092 roger@rfsummers.co.uk Chearsley and Haddenham Under Fives Inde endent Examiners Re ort to the trustees for an Inde Accoiints for ear ended 31$1 Ali ust 2022. endent Examination of the Based on our woi'k and examination of your Accounts for the year ended 31" August 2022, nothing has come to our attention to refute the trustees, confirmation that tlie Accounts give a true and fair view of th¢ state of affairs as at 31, August 2022 and of its profit for the year then ended. -d and Examined by R F Summers, FCCA on 251h April 2023 Review- Signed Regulated fora Yange of Inv8stment busiTres5 activities and in the cos)duct of accountltig and con5uItsTscy work by the Associatlon ol ¢hart6red Certified Accountants RFSummers Bsc FCCA FCMA FIMC FCMC