Treasurer’s report - 2023-2024 academic year
Accounting summary
| Accounting summary | |||
|---|---|---|---|
| Opening Balance | Credits | Debits | £22490.21 |
| Sept 23 – Aug24 | £26,400.74 | ||
| Sept 23 – Aug24 | £23,806.90 | ||
| Total left in bank | £25,084.04 | ||
| Committed spend for 24/25 | |||
| Reserves | £2,200 | £1200 float and £1000 expenses (£1300 less than lastyear) |
|
| £100per Class x 17 | £1,700 | +£600 thisyear | |
| ResourcesMaths/English | £1,500 | ||
| Panto in a day | £1,280 | + £150 thisyear | |
| Year 6 water fountain | £315 | ||
| Raffle Licence | £20 | ||
| Parent Kind Membership | £153 | ||
| Yr 6 Leavers BBQ | £350 | ||
| Audit Fees | £20 | ||
| £7,538 | |||
| Total left to spend in 24/25 | £17,546.04 | ||
| Wish List for 24/25 | |||
| 30 Desk TopComputers | £15,304 | ||
| 15 Visualisers | £750 | ||
| No Outdoor Project | £307 | ||
| Y3-Y6 Novels | £1,749 |
| Voluntary Income | Spend | ||
|---|---|---|---|
| MATCHFUNDING x 2 | £2,000 | General resources English | £1,500 |
| Sponsorship | £860 | SingUpSubscription | £100 |
| £2,860 | Panto in a day | £1,240 | |
| Fundraising Activities | Handwriting Resources | £412 | |
| Halloween Disco | £954 | Author Visit | £481 |
| Non-Uniform Dayx 2 | £478 | Outdoorplayarea contribution | £10,000 |
| Bag2School x 2 | £415 | Gazebo | £30 |
| Christmas Artwork | £1,036 | BBQ& Gas | £770 |
| Christmas Bazaar | £4,443 | £100 resources to each class | £33 |
| Skittleman | £380 | Waterproof Trousers x 30 Nursery | £285 |
| Junior Bingo | £225 | Waterproof Trousers x 30 Reception | £373 |
| Adult Bingo | £391 | £100 resources – Oak & Willow Bay | £158 |
| SpringDisco | £956 | £100 resources – Maple Bay | £50 |
| Little Recyclers x 2 | £190 | £100 resources – Holly& Pine Bay | £45 |
| KrispyKreme Doughnuts | £212 | £100 resources – Birch Bay | £100 |
| Summer Fayre | £4,893 | £100 resources – Beech & Chestnut Bay | £158 |
| Summer Disco | £853 | Water Fountain Year 6 | £315 |
| Frozen Days | £806 | £100 resources to each class – Spruce & Cedar |
£138 |
|---|---|---|---|
| 2nd Hand Uniform | £405 | ||
| Adventure Island Tickets | £636 | ||
| School Lottery | £734 | ||
| Stikins | £109 | ||
| £18,118 | |||
| TOTAL | £20,978 | £16,188 | |
| SURPLUS | £4,790 |
Matchfunding and Sponsorship raised a healthy £2,860 last year with £2,000 from Helen Huntley’s very generous employer, £550 in sponsorship for the summer fayre, £250 for the Estate Agency boards and £60 from Christmas Bazaar sponsorship. We missed out on the Estate Agency boards for the summer fayre which would have given us an extra £250 and potentially reaching over £3,000 for this year.
The Summer Fayre was up £1,600 and the Christmas Bazaar £1,822 year on year. The use of the card readers, especially on phones now, makes each transaction much faster as well as the “I’ve run out of cash, kids” no longer being a valid excuse. The glorious raffle hampers and prizes continue to bring in great sales on tickets at both events.
The recycling of clothing has doubled year on year with more regular drop offs proving popular.
Adventure Island tickets were purchased in 2022-2023 and finally realised a profit of £636. The initial outlay was £2,400 for 200 tickets (£12 each). Adventure Island have run their own promotions and annual passes which made the original sale price unattractive, and the remaining tickets were eventually sold at cost.
Lottery has dropped from 1013 to 734 this year. The prize is around £8 per draw – not very easy to market on that basis but it is worth having another drive to improve subscription – it’s a constant for virtually no man hours.
We continue to receive a steady income from the Disco’s (although we missed one this year), Skittleman, donut sales, bingo and Christmas artwork which also almost double year on year. The 2[nd] hand uniform and Frozen Fridays have been a great addition.
Spend increased substantially this year (from £9,050), but it was spent well! £10,000 towards the Outdoor Adventure playground, £770 investment in a catering BBQ as well as the usual yearly commitments. There has been some long term saving towards upgrading the computer suite which will be released in 2024-25.
A question was raised about the Year 6 water fountain and whether the school or ptfa continue to fund this.