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
-
Fees/Funding - £122,832.71 (£108,431.09 Early years funding & £14,401.62 Fees) Up prior year
-
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.
-
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).
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
FOR
ISLEHAM UNDER FIVES ASSOCIATION
ISLEHAM UNDER FIVES ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
| Page | |
|---|---|
| General Information | 1 |
| Independent Examiners Report | 2 |
| Statement of Payments and Receipts | 3 |
| Statement of Assets and Liabilities | 4 |
| Tangible Fixed Assets Schedule | 5 |
ISLEHAM UNDER FIVES ASSOCIATION
GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2023
REGISTERED CHARITY Number 294978 OFFICERS Rebecca Dobbin (Chair) left Zoe Barret Brown (Chair) appointed Anna Dodd (Treasurer) Zara King (Secretary)
ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF ISLEHAM UNDER 5S ASSOCATION TRUST
Registered Charity number 294978
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2023.
As the charity members of the trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the “Act”). I report in respect of my examinations of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charities commission under section 145(b) of the Act.
I have completed my examinations and confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material aspect:
-
Accounting records were not kept in accordance with section 130 of the Act or
-
The accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Janine Davies: Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley CB8 0SF
Date 8 August 2023
Page 1
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2023
| Income CC Funding Misc - unrestricted funds Fundraising Fees EY funding Other income Deposit account interest Expenditure Hire of water cooler Rates and water Insurance Light and heat Telephone Post and stationery Repairs and renewals Lunch club Cleaning materials Training Ofsted Sundry expenses Professional fees Accountancy Provisions Wages Pensions SURPLUS/DEFECIT FOR THE YEAR Funds b/f Funds c/f |
2023 £ - 2,999 1,622 14,402 108,431 662 298 2,597 2,631 1,073 1,366 5,520 - 947 1,102 96 1,267 1,372 174 434 81,835 1,446 |
£ 127,454 - 127,454 102,820 24,634 64,638 89,272 |
2022 £ 2,050 1,275 631 18,507 95,284 662 292 1,108 897 971 390 3,307 119 442 999 50 1,695 866 1,434 136 79,694 1,183 |
£ 117,747 1 117,748 94,245 23,503 41,135 64,638 |
|
|---|---|---|---|---|---|
Page 2
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
31 JULY 2023
| FIXED ASSETS Freehold property Improvements to property Plant and machinery Fixtures and fittings CURRENT ASSETS Bank account no. 1 Bank account no. 2 Cash in hand CURRENT LIABILITIES Trade creditors NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves CAPITAL ACCOUNT Brought forward Add Net profit |
2023 £ 150,000 16,701 1,500 16,985 46,568 42,505 199 89,272 - 223,327 **24,634 ** |
£ 185,186 89,272 274,458 26,497 247,961 274,458 |
2022 £ 150,000 16,701 1,500 16,985 51,934 12,504 199 64,637 (1) 199,824 23,503 |
£ 185,186 64,638 249,824 26,497 223,327 249,824 |
|---|---|---|---|---|
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2023
| COST At 1 August 2022 and 31 July 2023 NET BOOK VALUE At 31 July 2023 At 31 July 2022 |
Improvements Freehold to Plant and property property machinery £ £ £ 150,000 16,701 1,500 150,000 16,701 1,500 150,000 16,701 1,500 |
Fixtures and fittings £ 16,985 16,985 16,985 |
Totals £ 185,186 |
|---|---|---|---|
| 185,186 | |||
| 185,186 |
Page 5
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
FOR
ISLEHAM UNDER FIVES ASSOCIATION
ISLEHAM UNDER FIVES ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
| Page | |
|---|---|
| General Information | 1 |
| Independent Examiners Report | 2 |
| Statement of Payments and Receipts | 3 |
| Statement of Assets and Liabilities | 4 |
| Tangible Fixed Assets Schedule | 5 |
ISLEHAM UNDER FIVES ASSOCIATION
GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2023
REGISTERED CHARITY Number 294978 OFFICERS Rebecca Dobbin (Chair) left Zoe Barret Brown (Chair) appointed Anna Dodd (Treasurer) Zara King (Secretary)
ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF ISLEHAM UNDER 5S ASSOCATION TRUST
Registered Charity number 294978
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2023.
As the charity members of the trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the “Act”). I report in respect of my examinations of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charities commission under section 145(b) of the Act.
I have completed my examinations and confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material aspect:
-
Accounting records were not kept in accordance with section 130 of the Act or
-
The accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Janine Davies: Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley CB8 0SF
Date 8 August 2023
Page 1
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2023
| Income CC Funding Misc - unrestricted funds Fundraising Fees EY funding Other income Deposit account interest Expenditure Hire of water cooler Rates and water Insurance Light and heat Telephone Post and stationery Repairs and renewals Lunch club Cleaning materials Training Ofsted Sundry expenses Professional fees Accountancy Provisions Wages Pensions SURPLUS/DEFECIT FOR THE YEAR Funds b/f Funds c/f |
2023 £ - 2,999 1,622 14,402 108,431 662 298 2,597 2,631 1,073 1,366 5,520 - 947 1,102 96 1,267 1,372 174 434 81,835 1,446 |
£ 127,454 - 127,454 102,820 24,634 64,638 89,272 |
2022 £ 2,050 1,275 631 18,507 95,284 662 292 1,108 897 971 390 3,307 119 442 999 50 1,695 866 1,434 136 79,694 1,183 |
£ 117,747 1 117,748 94,245 23,503 41,135 64,638 |
|
|---|---|---|---|---|---|
Page 2
ISLEHAM UNDER FIVES ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
31 JULY 2023
| FIXED ASSETS Freehold property Improvements to property Plant and machinery Fixtures and fittings CURRENT ASSETS Bank account no. 1 Bank account no. 2 Cash in hand CURRENT LIABILITIES Trade creditors NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves CAPITAL ACCOUNT Brought forward Add Net profit |
2023 £ 150,000 16,701 1,500 16,985 46,568 42,505 199 89,272 - 223,327 **24,634 ** |
£ 185,186 89,272 274,458 26,497 247,961 274,458 |
2022 £ 150,000 16,701 1,500 16,985 51,934 12,504 199 64,637 (1) 199,824 23,503 |
£ 185,186 64,638 249,824 26,497 223,327 249,824 |
|---|---|---|---|---|
Page 3
ISLEHAM UNDER FIVES ASSOCIATION
TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2023
| COST At 1 August 2022 and 31 July 2023 NET BOOK VALUE At 31 July 2023 At 31 July 2022 |
Improvements Freehold to Plant and property property machinery £ £ £ 150,000 16,701 1,500 150,000 16,701 1,500 150,000 16,701 1,500 |
Fixtures and fittings £ 16,985 16,985 16,985 |
Totals £ 185,186 |
|---|---|---|---|
| 185,186 | |||
| 185,186 |
Page 5