Treasurer’s report August 2022 to July 2023
Treasurer Anna Dodd - Remaining on in role.
The balance at the beginning of the period – £65,739.49 up from 2021/22 - £19,502.52.
The income for the period - £127,454.35 up £10k on prior year
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Fees/Funding - £122,832.71 (£108,431.09 Early years funding & £14,401.62 Fees) Up prior year
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Busy Bees - £280.40 £70 on prior year. Extending the Pre-schools reach into the community. Reinvesting money raised direct back into materials and resources. Grant pending.
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Fundraising - £1,622.24 Many fundraises completed within preschool to save on hirer cost. Success in all events, particularly Christmas fair, Gala, Quiz nights, Science event)
The expenses for the period - £132,820.84 Expected increase with (staff wages, insurance, and utility increases £35K increase.
- Provisions made for 2024 to meet the rates of inflation.
The balance at the end of the period
- £ 46,567.76 down from £53,524.25
Any planned upcoming expenses
Nothing out of regular expenditures. Inflation and expected increases have been factored into the budget.
2023/24 – Fundraising target of £2,000 - Investment into improving outdoor area.
AGM meeting - October 5[th] 2023
This data is for general communication (no restriction).