REGISTERED CHARITY NUMBER: 1194670 St Andrews School Site, Station Road, Congresbury, Bristol, BS49 5DX. Tel: 01934 707 262 or 01934 782327 http://www.congresburypreschool.org.uk email:congresburypreschool@aol.co.uk ## **’ Treasurer s Report – Congresbury Community Pre-school** _**Year End 31[st] August 2024**_ ## **- Income £226,602** _Fees and Funding & Fundraising_ - _£118,832 was received for funding, this is made up of disadvantaged 2 year old funding, 2 year old working parents, universal and extended 3-4 year old funding._ - _£99,939 was received in from fees this includes the sale of uniform_ - _£5853 was from fundraising events held throughout the year._ - _£713 was donations received_ - _£518 was interest_ - _£250 was grants_ - _£499 was refunds of products we returned_ ## **- Expenditure £244,179** - Wages £190,492 - Cost of goods £13531 - Rent and utilities £18,235 - Repairs and Maintenance £6818 - Accountancy, Legal fees £1752 - IT, Office equipment and subscriptions £3931 - Other £9420 ## **Net Surplus of funds £17,577** ## **Recommendations for coming year 24/25** - **Wages are to increase again in April 25. There is also a NI** ## **contribution but as a charity we will received a reduction in this.** - **Funding for children will be main source of income over 24/25 due to the introduction of 15 hours for children 0- 2 year olds with working parents. This is due to increase in September 2025** - **Wraparound will need to have an increase of session fees and activities fee.** - **We will need to ensure that we are promoting preschool and wraparound so that we as close to 95% capacity at all sessions.** - **Fundraising and Grants will need to be obtained to ensure that we can continue with the repairs and maintenance the buildings need.** - **Look at ideas for a continual income fundraiser such as 100 club or local lottery.** - **Fundraising needs support of families – fundraising specific meetings could be held 2-3 times a year.** - **Rent for the Hall is going to increase further this year.** - **We will need to expect to spent £5000 on maintenance of the portacabin.** **Congresbury Community Preschool Income and Expenditure Account Year ended 31st August 2024** **Congresbury Community Preschool Income and Expenditure Account Year ended 31st August 2024** * |**Income**
2023-24
Fees
£99,939
Funding
£118,832
Fundraising
£5,853
Donations
£713
Interest received
£518
Grants
£250
Refunds
£499
**Net Surplus (Deficit) for the Year**
**Net movement in cash funds**
**Opening bank balance**
Bank Co op Current acount
Co op 90 days Savings account
**Closing balance**
Bank Co op Current acount
Co op 90 days Savings account
**Movement in funds**
**Note to the Accounts**|**Expenditure**
2023-24
Wages
£190,492
Cost of Goods
£13,531
Bank charges
Rent, power, insurance, pr
£18,235
Repairs & maintenance
£6,818
Accountancy, legal & profe
£1,752
Telephone, IT, office costs
£3,931
Other expenses
£9,420
£226,602
£244,179
-17,577
-17,577
£43,184.44
£21,706.25
£25,090.01
£22,223.96
**£17,577**| |---|---| ## **Independent Examiners Report** No matters have come to my attention that would give me reasonable cause to believe that in any material respect accounting records have not been kept, or that the accounts do not comply with the records. Dated …......................................................... Signed …....................................................... Print Name ….................................................. Congresbury Communlty Preschool Income and Expenditure Account Year ended 31st August 2024 Congresbury Communfty Preschool Income and Expendlture Account Year ended 31st Au8USt 2024 Income 2023-24 Expendlture 2023-24 Fees Funding Fundraising Donations Interest received Grants Refunds £99,939 £118,832 £5,853 £713 £518 £250 £499 Wages Cost of Goods Bank charges Rent, power, insurance, pi Repalrs & maintenance Accountancy, legal & profi Telephone, IT, office costs Other expenses £190,492 £13,531 £18,235 £6,818 £1,752 £3,931 £9,420 £226,602 £244,179 Net Surplus (Deficit) for the Year -17,577 Net movement in cash funds -17,577 Opening bank balance Bank Co op Current acount Co op 90 days savings account £43,184.44 £21,706.25 closing balance Bank Co op Current acount Co op 90 days Savings account £25,090.01 £22,223.96 Movement In funds £17 577 , Note to the Accounts Independent Examiners Report No matters have come to my attention that would give me reasonable cause to believe that in any material respect accounting records have not been kept, or that the accounts do not comply with the records. .,LI.IG s..[ IgLC Signed . Prlnt Name... Em.￿.￿..jy.l¢-L.............,.....