AGM Treasurer’s Report for year 01/09/2021 to 31/08/2022
Although this year we have ended the year on a minus this is following on from COVID 19 and the restrictions we were faced with, this has meant we have had to use some of our reserves for this financial year.
With costs increasing in comparison to 2020-21, they are consistent with the cost of living increase. We are still consistent with wages being our biggest expense but without this we would not be able to offer the children the opportunity to come to our setting and learn and flourish in the way that they do. We have also needed to make sure EYPP money is being spent to improve the experience and learning of the children in receipt of this payment.
Fundraising income has not happened this year again due to covid restrictions, but with the continued support from NISA the children are able to enjoy a varied healthy snack.
Insurance has decreased slightly from the previous year.
Rental of the setting has increased this year largely down to costs returning to normal following covid.
A careful watch needs to remain on spending since our income can fluctuate with decreased child numbers due to circumstances outside our control – changes of job/working hours/moving out of the are
The reserve account continues to cover ‘closing down’ costs. This is updated each year in accordance with an extra year’s service for each staff member.
Fundraising needs to be upheld, this is a vital income – one on which the preschool relies upon. It is better practice to hold smaller, frequent fundraising events with less expenses incurred than a larger event where greater outlay is required and therefore the rate of financial risk has likewise greatly increased.
While we have been running with an acting manager in the setting this year, I am extremely grateful to all of the staff who have gone above and beyond to keep the setting running, without them we would have no setting and the children would not have had the wonderful experiences they have, so from myself and all the other committee members we would like to say Thank you and we look forward to working as a stronger team this coming year.
Debby Beachus-Wells
Treasurer
BUCKDEN PRE•5CHOOL PLAYGROUP FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31ST AUGusf 2022
BUCKDEN PRE- SCHOOL PLAYGROUP STATEMENT OF INCOME & EXPENDITURE YEAR END 31ST AUGUST 2022 2022 2021 2020 FEE INCOME Fees from parents Vouchers Ifundlng) 3.371 57,081 44478 45.934 49,137 50.538 OTHER INCOME Tr81nlnGr8nIslD0naI0n5 Oth8r inc<Jne Dep)$tt AJC Interest 60,452 2.027 3,731 140 124 237 2.117 3.875 FUND RAISING In¢orne Less Expen6¢S 1.043 {648) 395 49.374 52,655 EXPENDITURE Ronl & Insurance Insurance Staff C08ts Admin Training TravellSn9 Consumablés Prop8rty mainlenance Stationery & Postage Advertlsing Gfft8 and samplos Computeis & SoftsAre Telephone Acc¢)unlancy Fee Payroll Procesglng Snadis Cleaning & HsYJlene Exp Sundry Unrfomi Leg81 Fees Depreclalion 64.722 4550 3,574 726 42.719 4,247 978 32.828 1.439 39,952 541 4041 5,768 5,355 553 573 24 525 51S 703 426 302 408 1,071 478 426 712 87 1.816 1.242 479 625 423 87 275 471 308 322 17 61,IX17 51,467 Surplus l { Defich ) For Tho Perbod 14,843) (8,352) 13855 Pag81of3
BUCKDEN PRE - SCHOOL PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2022 2022 2021 2020 Flxod a880ts Current a880ts Deposit Account Bank Current c0p Ca¥h 4,553 6.370 13.046 1.991 207 12.038 11,296 207 10,985 15,244 23,541 Curront Llabllltl•8 A¢cruals pa & PerlOn Creditors 450 567 258 Not Current A8Mts 9,968 14.536 23.091 NET ASSErs 10.660 15.503 23.855 Balan at 318t Auguit 2021 18503 23.855 10,789 Surplu• I l D•llctt ) For Th• Porlod 14843 (8,352) 13,oe6 Accumulat•d Surplu• 10.660 15.$03 23,855 Apwoved Agreed rson Ttsa$ur 1116/25, Dat Date Pagg2of3
BUCKDEN PRE . SCHOOL PLAYGROUP NOTES TO THE FINANCIAL STATEIAEKrs YEAR END 31ST AUGUST 2022 1) Fixed Assets Fix & Fittings Equipment Cost 1st September 2021 Additions 31st Wsl 2022 Depreciation 1st September 2021 Charge for Year 5,529 115 1.697 31st August 2022 1.857 Wrltten Down Value 31$1 August 2022 347 31 $t Augu812021 507 Ind•p•ndont Examln•rf8 report to th• Trust••8 of th• We have oxamlned the a¢wJnl8 of the BkdeTr Pre - &h[M Plasgroup for the ytar ended 31st U812022 We ccrffflm that the attached fin8rKial StateMts are in acwrdanL¥ Iherffi¥th. GRH Ountancy Umlted Flrsl Floor CQL House Allnglon Road Lltlle BarfLvd St Neols PE19 6Y Dale......l)..:.6...tX¥4 Page3of3
BUCKDEN PRE•5CHOOL PLAYGROUP FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31ST AUGusf 2022
BUCKDEN PRE- SCHOOL PLAYGROUP STATEMENT OF INCOME & EXPENDITURE YEAR END 31ST AUGUST 2022 2022 2021 2020 FEE INCOME Fees from parents Vouchers Ifundlng) 3.371 57,081 44478 45.934 49,137 50.538 OTHER INCOME Tr81nlnGr8nIslD0naI0n5 Oth8r inc<Jne Dep)$tt AJC Interest 60,452 2.027 3,731 140 124 237 2.117 3.875 FUND RAISING In¢orne Less Expen6¢S 1.043 {648) 395 49.374 52,655 EXPENDITURE Ronl & Insurance Insurance Staff C08ts Admin Training TravellSn9 Consumablés Prop8rty mainlenance Stationery & Postage Advertlsing Gfft8 and samplos Computeis & SoftsAre Telephone Acc¢)unlancy Fee Payroll Procesglng Snadis Cleaning & HsYJlene Exp Sundry Unrfomi Leg81 Fees Depreclalion 64.722 4550 3,574 726 42.719 4,247 978 32.828 1.439 39,952 541 4041 5,768 5,355 553 573 24 525 51S 703 426 302 408 1,071 478 426 712 87 1.816 1.242 479 625 423 87 275 471 308 322 17 61,IX17 51,467 Surplus l { Defich ) For Tho Perbod 14,843) (8,352) 13855 Pag81of3
BUCKDEN PRE - SCHOOL PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2022 2022 2021 2020 Flxod a880ts Current a880ts Deposit Account Bank Current c0p Ca¥h 4,553 6.370 13.046 1.991 207 12.038 11,296 207 10,985 15,244 23,541 Curront Llabllltl•8 A¢cruals pa & PerlOn Creditors 450 567 258 Not Current A8Mts 9,968 14.536 23.091 NET ASSErs 10.660 15.503 23.855 Balan at 318t Auguit 2021 18503 23.855 10,789 Surplu• I l D•llctt ) For Th• Porlod 14843 (8,352) 13,oe6 Accumulat•d Surplu• 10.660 15.$03 23,855 Apwoved Agreed rson Ttsa$ur 1116/25, Dat Date Pagg2of3
BUCKDEN PRE . SCHOOL PLAYGROUP NOTES TO THE FINANCIAL STATEIAEKrs YEAR END 31ST AUGUST 2022 1) Fixed Assets Fix & Fittings Equipment Cost 1st September 2021 Additions 31st Wsl 2022 Depreciation 1st September 2021 Charge for Year 5,529 115 1.697 31st August 2022 1.857 Wrltten Down Value 31$1 August 2022 347 31 $t Augu812021 507 Ind•p•ndont Examln•rf8 report to th• Trust••8 of th• We have oxamlned the a¢wJnl8 of the BkdeTr Pre - &h[M Plasgroup for the ytar ended 31st U812022 We ccrffflm that the attached fin8rKial StateMts are in acwrdanL¥ Iherffi¥th. GRH Ountancy Umlted Flrsl Floor CQL House Allnglon Road Lltlle BarfLvd St Neols PE19 6Y Dale......l)..:.6...tX¥4 Page3of3