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