AGM Chairs report 2022
## THURSDAY 3 NOVEMBER 2022
Thank you all for coming and I promise to only take a few minutes of your time this evening.
Firstly I’d like to welcome you on behalf of myself and the staff to Lunsford Preschool,
Having been a part of the preschool as a parent and chairperson for the past 8 years, I am very passionate about this preschool. I speak from personal experience and assure you that your children will flourish here.
The main focus of this meeting is in relation to us becoming a CIO, this is ongoing and the process has been started, we do now have a new registration with the charity commission and Ofsted, we are just sorting out all of the finer details.
I would like to thank the staff for continuing to work at a high standard and to continuously provide high quality care and education to all the children. Being involved with their first insight into the educational system is truly amazing.
I am happy to continue as Chair, and will continue as a Trustee on the CIO.
I am enjoying being chair and would like to be re-elected to continue to make the pre-school succeed over the next year.
Sarah Sydnes Chair 2022
## **FINANCIAL REPORT**
## **3 November 2022**
At the beginning of September 2021, we had 38 children on our books:
2 year olds – 12 children each claiming FF2 funding
2 year old paying – 3 children
3 /4 year olds – 20
30 hours funding - 2
We have had an extremely busy year and finished on the following numbers. 48 children on the role at the end of the year.
- 2 year olds – 6 children each claiming FF2 funding
2 year old paying – 7 children
3 /4 year olds – 28
30 hours funding – 7
We are fortunate to have our Savings account which is used for emergencies and has to be there in case of any redundancies etc. However due to the current situation we will have to use it over the next couple months, we always have a shortfall in October / November due to the payment schedule from the Local Authority.
Our year end accounts for 2021 / 2022 are being finalised.
## **Lunsford Park Pre-School**
## **Income and expenditure for the year ended 31 August 2022**
|**Income**
Fees - Payers
Fees - Funded
Fund raising
Other
Interest
**Expenses**
Wages and National insurance
103427.66
Premises
6682.23
Equipment
1441.28
Consumables/Administration
6381.09
Training
1412.93
Miscellaneous
4973.40
**Excess of expenditure over income**
**Represented by:**
Balance brought forward
**Excess of expenditure over income**
**Balance carried forward**
Balance at bank:
Reserve account (Savings)
Reserve account
Current account|**2022**
**£**
18,960.94
87,012.54
794.13
18.69
106,786.30
124,318.59
(17,532.29)
29,602.38
(17,532.29)
12,070.09
9,356.69
359.62
2,353.78
12,070.09|92092.34
5761.99
4281.48
5523.52
671.57
-|**2021**
**£**
16,229.93
97,720.36
228.50
1,040.14
3.24|
|---|---|---|---|
||||115,222.17
108,330.90|
||||6,891.27|
||||22,711.11
6,891.27|
||||29,602.38|
||||13,852.96
344.66
15,404.76|
||||29,602.38|
I approve these accounts and confirm that I have found them to be a true statement of the assets at 31 August 2022 and the income and expenditure for the year ended 31 August 2022 of Lunsford Park Pre-School.
Mrs R Apps MAAT RA Accounts Ltd
06/04/2023
Date