Chairs Report- Nov 2024 AGM Flrstly, thank5 to everyone for attending thi5 yearfs AGM. in summary it has been a very posltive Year for the setting a5 it retains its popularity with local parent5 ond children. On the staffing front we are pleased to announce the successful recruitment of Ruth to fill our deputy manager vacancy and we are very much looking forward to welcoming Ruth to our team. Also a big thank you to Mona in-particular for supporting during the long absente of a deputy. We continue to positively promote and support the staff with all their training and development needs. Although our accounts are not yet finalised, it looks like on the financial front we ran a small deficlt In the year with overall expenditure being higher than income by cc 7%. This is not overly concerning because the previous year we reported a 7% surplus. Slightly higher expenditure has been driven in part by extra investment in cleaning services to address the seNice issues experienced in the last few years which frequently led us to having either poor or even no cleaning service during weeks sometimes months and havlng to be covered by management and Staff. Child numbers continue to be high so the outlook is that the setting will contlnue to be very busy. Over the coming weeks we will update and review our 2025 financial forecast, e5peclally gSven we now have the recent announcement of Government national living wage proposals for 2025 and we then continue to revlew the prSces for our se￿ice$ and fundralsing opportunities to reach a financial balance. Continued thanks to Paul and Cheryl for maintalning the accounts and especially for winding down the old Barclays bank account and fully transferring to the new Co-operative bank account. Fundraising continues to be run successfully by 8ecky and discussed at every committee meeting and allows the 5ettin8 to replace or purchase new items that are outside of the normal budget. The setting also continues with regular fundraisin8 activities and the end of year outing. Maintenance of the setting continues to be reviewed and there is a rolling programme of 8enefal refurbishment and repairs, working closely with Rosa who represents the building trust. Extenslve repair work to the roof and windows has either been completed in the summer break or scheduled for Christmas break In addition to the usual decorating. drain cleaning and garden tidy etc so a big support from the Trust thls year. Regarding the CIO transfer we have completed the transfer of all remainlng assets Ifundsl from the old charlty to the new CIO charity. Therefore, in compliance wlth the old charity governing document, the chair will formally apply to the charity commission to close the old charity once the final accounts for the old charity have been prepared by the accountant and can be submitted. We have a small but good committee and we continue to seek new committee member5 forthe future. Although we continually advertise for potential new committee members in parent's letters, we said we would try to identify other ways to encourage interest so a good idea was raised at the last committee meeting about holding a volunteer working party to tidy the garden which we wlll look to pro8ress. Classified as General Business HOPTON SCHOOL HOUSE CHARITA8LE INCORPORATED ORGANISATION INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31stAUGUST 2024 Incom& 023 0￿ing Balan￿ . Co*>8ratlV8 Bank Account- 672438e4 20.979 18.018 Out of School Club Fee8 P18ygroup Fees Toddlers Fee8 Grants Fund Raising other In¢ome Tran8far from Hopton School House 57,566 9,250 199 74,725 1,337 59,887 7.900 98 29,253 1,920 3,876 30,OCQ Nursery 164,058 150,952 Rent Labour Costs Pension Costs Training Cleaner Renovation & Repairs (including unifomis) Tel&phon8 Groceri88 & Cl88ning Materi818 Insurancès Subscriptions Play Equipm•nt Resources Consumabl88 Office Consumables & EquIFX)￿nI Payroll Costs Pelly Cash Professional Costs - Health & Safety l Employment Law Fund Raising Expenses Fund Rai¥ing Income Expended Other Expenses 9,414 122,454 3.540 617 5.108 752 1,569 113,024 2,051 1,576 2,599 217 30 2,625 2,700 721 420 317 2,306 233 901 254 1,522 99 1.021 170 2,161 182 823 599 127 931 Closlng Balanc6 '. C(Mperaliv8 B8nk Ac¢ount- 67243884 11.221 20.979 164.086 160,952 I certify that the foregoing accounts are correct in accordanc£ with tho books and records provided lo me. C A Welling• HOPTON SCHOOL HOUSE CHARITA8LE INCORPORATED ORGANISATION INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31stAUGUST 2024 Incom& 023 0￿ing Balan￿ . Co*>8ratlV8 Bank Account- 672438e4 20.979 18.018 Out of School Club Fee8 P18ygroup Fees Toddlers Fee8 Grants Fund Raising other In¢ome Tran8far from Hopton School House 57,566 9,250 199 74,725 1,337 59,887 7.900 98 29,253 1,920 3,876 30,OCQ Nursery 164,058 150,952 Rent Labour Costs Pension Costs Training Cleaner Renovation & Repairs (including unifomis) Tel&phon8 Groceri88 & Cl88ning Materi818 Insurancès Subscriptions Play Equipm•nt Resources Consumabl88 Office Consumables & EquIFX)￿nI Payroll Costs Pelly Cash Professional Costs - Health & Safety l Employment Law Fund Raising Expenses Fund Rai¥ing Income Expended Other Expenses 9,414 122,454 3.540 617 5.108 752 1,569 113,024 2,051 1,576 2,599 217 30 2,625 2,700 721 420 317 2,306 233 901 254 1,522 99 1.021 170 2,161 182 823 599 127 931 Closlng Balanc6 '. C(Mperaliv8 B8nk Ac¢ount- 67243884 11.221 20.979 164.086 160,952 I certify that the foregoing accounts are correct in accordanc£ with tho books and records provided lo me. C A Welling•