## AGM Treasurer’s Report for year 01/09/2023 to 31/08/2024 This year has been a great push to building the preschool back up again with ending on a surplus, while the surplus is minimal it is still a positive and this is greatly down to the hard work of the team with building numbers from the beginning of the year. This has meant we have not had to use the reserves account this year like in previous years. With costs increasing in comparison to 2022-23, 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 enriched the access and resources for some of our EYPP children with the funding that we have received for them. We have had a large increase from last year in fundraising which is highly down to Nikki and all her efforts into helping the preschool with the elf in the window and not forgetting jumping out of a plane. We are so grateful for everything you have done to support us. We have also had the continued support from NISA the children are able to enjoy a varied healthy snack which is donated to us. Insurance has increased slightly from the previous year, which is to be expected. Rental of the setting has increased this year largely down to the renewal of contracts and now paying full utilities. While we have had a positive amount of children this 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 area. We have had our first full year with our permanent manager and the team she has built around her, this has been positive throughout the setting with the children experiencing new things and new topics. I am 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 do, 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 PRE4CHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024 BUCKDEN PRE - SCHOOL PLAYGROUP STATEMENT OF INCOME & EXPENDITURE YEAR END 31ST AUGUST 2024 2024 2023 FEE INCOME Fees from parents Vouchers (funding) 13.559 43,278 13,983 34,373 56,837 48,356 OTHER INCOME TrainlnglGrantslDonatlons other income Deposit AJC Interest 1,233 142 250 110 1.375 362 FUND RAISING Income Less Expenses 484 688 484 $8,900 49,202 EXPENDITURE Rent & ut￿ltIeS Insurance staff Costs Training Travelliry Consumables St*'onery & Postage Advertising Computers & Sothvare Telephone Accountancy Fee Payroll Processing Cleaning & Hygiene Exp Unifom Legal Fees Depreuab'on 11,515 876 40,988 251 5,463 835 634 2,511 114 1,498 319 167 510 655 426 434 303 125 380 428 114 394 35 212 239 56,152 Surplus l { Doficit ) For Th• P•rfod 376 (6,950) Page1 of3 BUCKDEN PRE - SCHOOL PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2024 2024 2023 Flxed assets 241 453 Current assets Deposit Account Bank Current Co-op Cash 2,305 3,055 2,415 62 5,413 5,532 Current Liabilities A¢¢ruals Paye Pensions 450 356.00 763 1.569 450 1,298 528 2,276 Net Current Assets 3.256 NET ASSETS 4.OB5 3.710 Balance at 31st AugU$t 2023 3,710 12,196 Surplus l { D6llclt l For The Porlod 375 {6.950} Accumulated Surplus 4085 5.246 Approv8d and Agreed Chairperson Date Date Page2of3 BUCKDEN PRE - SCHOOL PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS YEAR END 31ST AUGUST 2024 1) Fixed Assets Fixtures & Fittings Equipment Cost 1st September 2023 Additions 5,989 2,204 31st August 2024 5,989 2.204 Depreciation 1st Sepl8mber 2023 Charge fcf Year 5.730 65 2,010 147 31st August 2024 5,795 2,157 Written Down Value 31stAugust 2024 194 47 31stAugust2023 259 194 Independent Examlnarfs report to the Trustees of the We have examined the accounts of the Buckden Prè- School Playgroup for the year ended 31st August 2024 We confimi that the ched financlal statements are in accordance therewrth. untan¢y Limited First Floor CQL House Alington Road Litue Barford Sl Neots PE19 6YH Sl.3tS" Page3of3 **Buckden Preschool Playgroup A place for children to grow, to learn and to flourish.** **Millennium Hall, Burberry Road, Buckden, St Neots, Cambs. PE19 5UY Tel: 01480 810600 Email: buckdenpreschool@yahoo.co.uk** Website: www.buckdenpreschool.co.uk **Registered Charity No: 291840** This is a report in the chair capacity for the academic year 2023 – 2024. We are pleased to announce that following our well-deserved Ofsted accreditation thanks hugely to the manager, Charlene and her supportive team, Estelle and Gemma the preschool continues to grow and flourish. There is no doubt that the preschool opportunities available for the children would not be for their dedication, knowledge and super creative skills The committee are delighted to be joined by two new members, Hannah and Keeley for the new academic year. Recruiting and retention of qualified staff remains a concern however, Charlene and the Treasurer, Debby have looked at numbers of children requesting places, the Early Years framework guidance on staff to pupil ratios and continue to make it work within our budget. The one area that we would like to do better with is fundraising. Despite the magnanimous skydive for the preschool by Nikki we learned that certain sites such as “just giving” retain a percentage of funds raised. I accepted the chair role for another year as this is a brilliant community preschool setting with a wonderful and talented team lead by a wonderful manager which I didn’t want to see close through a lack of committee members or children attending. So, there is always a plea to join us to do a little or a lot as you can offer the preschool. There are statutory Ofsted regulations and the Early Years framework to be followed which is not for the feint hearted and I would like to publicly thank Debby as treasurer, Nikki, and Emma Scott for their support during this year especially as Emma leaves the committee. Next year we want to look at funding streams to improve our facilities, increase security protection and outcomes for the children. We are keenly aware that we need to have discussions on a new lease with the village hall trust and it must benefit the pre-school if associated charges/rent will increase which we fear they will as have the utilities. Grant funding will be applied for as well as working with local partners. Helen Lumb Chairpersons report.