## **AGM Treasurer’s Report for year 01/09/2019 to 31/08/2020** We have ended the year on a positive, which has largely come from staffing while we have been managing with the staff we have this is a lot lower then we have previously had. - Although costs have decreased in comparison to 2018-19, they are consistent year on year. The increased spend on ‘cleaning’ – is in relation to the covid 19 pandemic which was needed to carry on the success of having the setting open following government guideline. While the number of children number of children on roll during the school year did improve the pandemic did have an affect on all. The Treasurer thanks all the staff for maintaining an excellent learning journey and happy environment for all the child and parents to be a part of. - Fundraising income has decreased in comparison to the previous years largely due to the pandemic and restrictions put in place so no spring/ summer events were able to take place, with the continued efforts of the staff, committee members and parents we are hoping the coming year will be better. - Insurance has increased slightly from the previous year in line with current inflation. - Advertising costs have decreased on the past years mainly due to the pandemic and having restrictions on how much we can do within the setting. We have continued to improve our presence on social media which has proven every popular with some of the new parents enquiring about the setting. - We currently have very little extra spent on extra room hire due to the pandemic but hopefully this will improve in the coming year with restrictions easing. The usage of extra rooms for activities such as circuits is very beneficial to the children; especially in preparing the school leavers for starting school. - Monthly rental costs have decreased since last year due to a rental break to the Village Hall, we have continued the arranged set amount and have agreed a decrease while we are unable to run at full capacity. ## **Treasurer’s suggested actions for the coming year:** - Fundraising covid permitting will need to be increased, this is a vital income – one on which the preschool relies upon. - We will continue to work with the village hall in the coming year depending on restrictions and attendance of children. - The reserve account continues to cover all ‘closing down’ costs. This is updated each year in accordance with an extra years’ service for each staff member. After now being on the committee for 3 years and seeing all the hard work everyone puts into all that is involved into keeping the preschool running, I am grateful to all the committee and staff past and present for their dedication, teamwork and commitment. I believe that the preschool will continue to grow with all the support and help given by all involved. Debra Beachus-Wells, Treasurer BUCKDEN PRE.SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2020 Scanned with Camscanner BUCKDEN PRE - SCHOOL PLAYGROUP STATEMENT OF INCOME & EXPENOITURE YEAR END 31ST AUGUST 2020 2020 2019 2tr18 FEE INCOME Fees from pa￿￿ts V(AKhws {fundiTvJ) 3,371 57.081 8.857 42.547 113ri 80.148 51.204 71.ns OTHER INCOME TrémWGrantsDonaliws 3,731 140 De￿￿¥11 Ajc Inttresl 27 3.875 160 In FUND RAISING 1,043 {648} 2.190 12241 (sin 395 64.722 EXPENDrruRE R￿t & InSurar￿e 4.247 5.710 Insurdrre Staff Costs 978 32.828 1,439 1.323 53.882 10 Travdl 2,714 2.019 143 361 5,355 553 105 408 1,071 182 Wi*1 476 pr￿5• 1.242 479 219 914 815 Vnrftym 621 74.404 6ufpk4 1 ( D•lldt ) F•1 Th• P•Flod 13.06 (31,074) P•g•idJ Scanned with Camscanner BUCKDEN PRE - SCHOOL PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2020 2020 2019 2018 Fixed assets 764 1,144 Current assets Deposit Account Bank Current CoQp Cash Debtors 12.038 11.296 207 17.307 14,290 3.389 209 23.$41 10,282 31.677 Curr•nl Liabilitlos Trade Cfedilofs Accruals 237 400 637 400 Net Currènt Assets 23,091 9.645 31.277 NET ASSETS 23.855 10,789 31.863 Balanco at 31st August 2019 10.789 31.863 33,057 Surplus 1 { Deflclt l For Tho Poriod 13.066 121,0741 11,194) cumulaled Surplus 23,855 10.789 31.863 Approved and Agreed Chair￿rSOn Treasurer Date Date Page2of3 Scanned with Camscanner BUCKDEN PRE . SCHOOL PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS YEAR END 31 ST AUGUST 2020 11 Fixed Assets Fixture5 & Fittings oirKe Equipment Cost 1st September 2019 Additions 5.989 1,679 31st August 2020 5.989 1,679 Depreciation 1st SepteMtr￿ 2019 Charge lor Year 5.147 1.377 151 315t August 2020 5.376 1.528 Written Down Value 31st August 2020 613 151 31st August 2019 302 Independent Examinerfs report to the Trustees of the We have examined the accounts of the Buckden Pre - School Playgroup for ￿ ypar ended 31st August 2020 We confwm that the attached financial statements are in accordance Ihwith. GRH ntsncy Limrted Fir CK)r CQL House Alington Road Lrtue 8arford Sl Neots PE19 6YH Pag83of3 Scanned with Camscanner BUCKDEN PRE.SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2020 Scanned with Camscanner BUCKDEN PRE - SCHOOL PLAYGROUP STATEMENT OF INCOME & EXPENOITURE YEAR END 31ST AUGUST 2020 2020 2019 2tr18 FEE INCOME Fees from pa￿￿ts V(AKhws {fundiTvJ) 3,371 57.081 8.857 42.547 113ri 80.148 51.204 71.ns OTHER INCOME TrémWGrantsDonaliws 3,731 140 De￿￿¥11 Ajc Inttresl 27 3.875 160 In FUND RAISING 1,043 {648} 2.190 12241 (sin 395 64.722 EXPENDrruRE R￿t & InSurar￿e 4.247 5.710 Insurdrre Staff Costs 978 32.828 1,439 1.323 53.882 10 Travdl 2,714 2.019 143 361 5,355 553 105 408 1,071 182 Wi*1 476 pr￿5• 1.242 479 219 914 815 Vnrftym 621 74.404 6ufpk4 1 ( D•lldt ) F•1 Th• P•Flod 13.06 (31,074) P•g•idJ Scanned with Camscanner BUCKDEN PRE - SCHOOL PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2020 2020 2019 2018 Fixed assets 764 1,144 Current assets Deposit Account Bank Current CoQp Cash Debtors 12.038 11.296 207 17.307 14,290 3.389 209 23.$41 10,282 31.677 Curr•nl Liabilitlos Trade Cfedilofs Accruals 237 400 637 400 Net Currènt Assets 23,091 9.645 31.277 NET ASSETS 23.855 10,789 31.863 Balanco at 31st August 2019 10.789 31.863 33,057 Surplus 1 { Deflclt l For Tho Poriod 13.066 121,0741 11,194) cumulaled Surplus 23,855 10.789 31.863 Approved and Agreed Chair￿rSOn Treasurer Date Date Page2of3 Scanned with Camscanner BUCKDEN PRE . SCHOOL PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS YEAR END 31 ST AUGUST 2020 11 Fixed Assets Fixture5 & Fittings oirKe Equipment Cost 1st September 2019 Additions 5.989 1,679 31st August 2020 5.989 1,679 Depreciation 1st SepteMtr￿ 2019 Charge lor Year 5.147 1.377 151 315t August 2020 5.376 1.528 Written Down Value 31st August 2020 613 151 31st August 2019 302 Independent Examinerfs report to the Trustees of the We have examined the accounts of the Buckden Pre - School Playgroup for ￿ ypar ended 31st August 2020 We confwm that the attached financial statements are in accordance Ihwith. GRH ntsncy Limrted Fir CK)r CQL House Alington Road Lrtue 8arford Sl Neots PE19 6YH Pag83of3 Scanned with Camscanner