_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Blagdon Under Fives**
**Treasurer’s Report**
## **with**
## **Accounts**
## **Year Ended - 31 August 2022**
## **Charity No: 299312**
**Published: 18 October 2022**
**Page 1 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Summary**
- Total income for the year was £91k which is an increase of 38% on last year.
- Expenditure also increased by 25%, to £75k.
- There was a resulting surplus for the year of £15k.
## **Income Analysis**
## Funding, Fees and Child Numbers
- North Somerset funding almost doubled from last year to £32k, reflecting the return to childcare for many families after the Covid-19 period. This was also demonstrated in the 55% increase in Pre-School fees, to £25k. The Other Council Support of £9k in the previous year related to top up funding provided by the local council to cover lost income due to Covid-19. This was not required in the current year as the setting was fully open and in receipt of normal funding.
- Child numbers were strong throughout the year.
## After School Club
- Fees from After School Club increased by £21k to £28k and now represent 32% of the total income. The increase is a result in high child numbers throughout the year, assisted by the closure of a local after school setting.
## Fundraising and Donations
- Fundraising income increased slightly to £1.4k as a result of some new fundraising activity.
- The main fundraising contributions came from the following:
|▪|Wreath Making|£ 481|
|---|---|---|
|▪|Advent Windows|£ 350|
|▪|Christmas Fair|£ 283|
Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School.
- Donations were in line with last year, although funds were received from different sources. Our gratitude goes to The Plume of Feathers, Rickford, with a contribution from the annual duck race, and the Mead family, who enabled the purchase of a new freezer to facilitate meal provision for the increased after school club attendance.
## Other Income
- Other income in the prior year included the support from the Coronavirus Job Retention Scheme, which provided income to cover wages during periods of closure. There were also local council business grants to cover fixed costs during Covid-19 restriction periods. The only grant received in the current year was the final Covid restart grant of £1k, as the job retention scheme had ended and the setting was open for the whole year. Other income therefore decreased by 92% to £1.1k.
**Published: 18 October 2022**
**Page 2 of 6 Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Expense Analysis**
- 73% of the total expenditure relates to staff costs. The staffing cost increased by £4k as a result of wage increases.
- The main increase in expenditure from the prior year was due to the purchase of furniture for the new premises that the Pre-School moved to within the school building. £9.8k was invested in furniture and resources to improve the setting. The expenditure was easily covered by the increase in income generated from the After School Club as well as generally buoyant child numbers.
## **Toddler Group**
- The Toddler Group was back in operation at a new location after a long period of closure due to Covid restrictions. Attendance was promising at the beginning of the year, however the increasing trend towards nurseries and full-time childcare meant that the income generated was not sufficient to cover the hire costs of the hall and the insurance premium.
**Published: 18 October 2022**
**Page 3 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Income Statement**
|**Income**
Pre-School Fees
Nursery Funding
Other Council Support
_Subtotal_
After School Club Fees
After School Club Deposits
Pre-School Deposits
Toddler Fees
Fundraising (net)
Donations
Other Income
Interest Received
**Total Income**
**Expenditure**
Staff Costs
Rent (Pre-School)
Rent (Toddlers)
Pre-School Utilities/Cleaning
Mobile Phone
Consumables (Pre-School)
Toys & Equipment
Insurance/PLA Membership
Ofsted Fees
Advertising
Staff Training: Course Costs
Other Expenses
**Total Expenditure**
**Net Surplus**|**2022**
**2021**
_% Variance_
25,018
16,185
55%
31,661
15,970
98%
-
9,214
-100%|
|---|---|
||**56,679**
**41,369**
37%|
||28,742
7,408
288%
586
(215)
373%
1,268
1,637
-23%
355
-
-
1,448
1,160
25%
698
704
-1%
1,135
13,813
-92%
9
2
350%|
||**90,920**
**65,878**
38%|
||55,968
52,042
8%
2,000
2,000
0%
720
-
-
2,170
2,906
-25%
126
122
3%
2,379
1,079
120%
10,477 743
1,310%
977
959
2%
50
50
0%
35
-
-
381
30
1,170%
187
438
-57%|
||**75,470**
**60,369**
25%|
|||
||**15,450**
**5,509**
180%|
**Published: 18 October 2022**
**Page 4 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Fundraising**
|**draising**||
|---|---|
|**Item**
Wreath Making
Advent Windows
Christmas Fair
easyfundraising.org.uk
Concept Photography
Personalised Craft Products
Pre-School Christmas Party
Charity Box
Amazon Smile
PayPal Giving Fund
Book Sale
**Total**|**2022**
**2021**
**£**
**£**
481
215
350
-
283
-
115
64
99
-
53
72
29
27
24
-
14
-
-
750
-
32|
||**1,448**
**1,160**|
## **Donations**
|Plume of Feathers Duck Race
T Mead
Parent Donation
Deposit Donations
Baynard Trust
P Crawfurd
**Total**|**2022**
**2021**
**£**
**£**
383
-
200
-
60
-
55
104
-
500
-
100|
|---|---|
||**698**
**704**|
**Published: 18 October 2022**
**Page 5 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Toddler Group Summary**
|**Income**
Toddler Fees
**Total Income**
**Costs**
Hire of Hall
Insurance
**Total Costs**
**Net (Deficit)/Surplus**|**2022**
**2021**
**£**
**£**
355
-|
|---|---|
||355
-|
||720
-
187
183|
||907
183|
|||
||**(552)**
**(183)**|
## **Bank and Cash Balance**
|||||||**(d+e)**||
|---|---|---|---|---|---|---|---|
|||||||**Total**||
|||||||**2022**|**_2021_**|
||**(a)**||**(c)**|**d=(a+b+c)**|**(e)**|**Bank and**|**_Bank and_**|
||**Master**|**(b) Petty**|**Current**|**Total Cash**|**Deposit**|**Cash**|**_Cash_**|
||**Cash box**|**Cash**|**Account**|**& Current**|**A&L**|**Balance**|**_Balance_**|
|Opening balance 1 September 2021|740|38|17,053|17,831|23,641|41,472|_35,963_|
|Transfers|(933)|683|250|-|-|-|
_-_|
|Net Surplus / (Deficit)|1,482|(704)|14,663|15,441|-|
15,441|_5,507_|
|Interest Received|-|
-|
-|-|
9|9|_2_|
|**Closing Balance 31 August 2022**|**1,289**|
**17**|**31,966**|**33,272**|**23,650**|
**56,922**|**_41,472_**|
**Published: 18 October 2022**
**Page 6 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Blagdon Under Fives**
**Treasurer’s Report**
## **with**
## **Accounts**
## **Year Ended - 31 August 2022**
## **Charity No: 299312**
**Published: 18 October 2022**
**Page 1 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Summary**
- Total income for the year was £91k which is an increase of 38% on last year.
- Expenditure also increased by 25%, to £75k.
- There was a resulting surplus for the year of £15k.
## **Income Analysis**
## Funding, Fees and Child Numbers
- North Somerset funding almost doubled from last year to £32k, reflecting the return to childcare for many families after the Covid-19 period. This was also demonstrated in the 55% increase in Pre-School fees, to £25k. The Other Council Support of £9k in the previous year related to top up funding provided by the local council to cover lost income due to Covid-19. This was not required in the current year as the setting was fully open and in receipt of normal funding.
- Child numbers were strong throughout the year.
## After School Club
- Fees from After School Club increased by £21k to £28k and now represent 32% of the total income. The increase is a result in high child numbers throughout the year, assisted by the closure of a local after school setting.
## Fundraising and Donations
- Fundraising income increased slightly to £1.4k as a result of some new fundraising activity.
- The main fundraising contributions came from the following:
|▪|Wreath Making|£ 481|
|---|---|---|
|▪|Advent Windows|£ 350|
|▪|Christmas Fair|£ 283|
Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School.
- Donations were in line with last year, although funds were received from different sources. Our gratitude goes to The Plume of Feathers, Rickford, with a contribution from the annual duck race, and the Mead family, who enabled the purchase of a new freezer to facilitate meal provision for the increased after school club attendance.
## Other Income
- Other income in the prior year included the support from the Coronavirus Job Retention Scheme, which provided income to cover wages during periods of closure. There were also local council business grants to cover fixed costs during Covid-19 restriction periods. The only grant received in the current year was the final Covid restart grant of £1k, as the job retention scheme had ended and the setting was open for the whole year. Other income therefore decreased by 92% to £1.1k.
**Published: 18 October 2022**
**Page 2 of 6 Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Expense Analysis**
- 73% of the total expenditure relates to staff costs. The staffing cost increased by £4k as a result of wage increases.
- The main increase in expenditure from the prior year was due to the purchase of furniture for the new premises that the Pre-School moved to within the school building. £9.8k was invested in furniture and resources to improve the setting. The expenditure was easily covered by the increase in income generated from the After School Club as well as generally buoyant child numbers.
## **Toddler Group**
- The Toddler Group was back in operation at a new location after a long period of closure due to Covid restrictions. Attendance was promising at the beginning of the year, however the increasing trend towards nurseries and full-time childcare meant that the income generated was not sufficient to cover the hire costs of the hall and the insurance premium.
**Published: 18 October 2022**
**Page 3 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Income Statement**
|**Income**
Pre-School Fees
Nursery Funding
Other Council Support
_Subtotal_
After School Club Fees
After School Club Deposits
Pre-School Deposits
Toddler Fees
Fundraising (net)
Donations
Other Income
Interest Received
**Total Income**
**Expenditure**
Staff Costs
Rent (Pre-School)
Rent (Toddlers)
Pre-School Utilities/Cleaning
Mobile Phone
Consumables (Pre-School)
Toys & Equipment
Insurance/PLA Membership
Ofsted Fees
Advertising
Staff Training: Course Costs
Other Expenses
**Total Expenditure**
**Net Surplus**|**2022**
**2021**
_% Variance_
25,018
16,185
55%
31,661
15,970
98%
-
9,214
-100%|
|---|---|
||**56,679**
**41,369**
37%|
||28,742
7,408
288%
586
(215)
373%
1,268
1,637
-23%
355
-
-
1,448
1,160
25%
698
704
-1%
1,135
13,813
-92%
9
2
350%|
||**90,920**
**65,878**
38%|
||55,968
52,042
8%
2,000
2,000
0%
720
-
-
2,170
2,906
-25%
126
122
3%
2,379
1,079
120%
10,477 743
1,310%
977
959
2%
50
50
0%
35
-
-
381
30
1,170%
187
438
-57%|
||**75,470**
**60,369**
25%|
|||
||**15,450**
**5,509**
180%|
**Published: 18 October 2022**
**Page 4 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Fundraising**
|**draising**||
|---|---|
|**Item**
Wreath Making
Advent Windows
Christmas Fair
easyfundraising.org.uk
Concept Photography
Personalised Craft Products
Pre-School Christmas Party
Charity Box
Amazon Smile
PayPal Giving Fund
Book Sale
**Total**|**2022**
**2021**
**£**
**£**
481
215
350
-
283
-
115
64
99
-
53
72
29
27
24
-
14
-
-
750
-
32|
||**1,448**
**1,160**|
## **Donations**
|Plume of Feathers Duck Race
T Mead
Parent Donation
Deposit Donations
Baynard Trust
P Crawfurd
**Total**|**2022**
**2021**
**£**
**£**
383
-
200
-
60
-
55
104
-
500
-
100|
|---|---|
||**698**
**704**|
**Published: 18 October 2022**
**Page 5 of 6**
**Prepared by: G Mills**
_**Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2022**_
## **Toddler Group Summary**
|**Income**
Toddler Fees
**Total Income**
**Costs**
Hire of Hall
Insurance
**Total Costs**
**Net (Deficit)/Surplus**|**2022**
**2021**
**£**
**£**
355
-|
|---|---|
||355
-|
||720
-
187
183|
||907
183|
|||
||**(552)**
**(183)**|
## **Bank and Cash Balance**
|||||||**(d+e)**||
|---|---|---|---|---|---|---|---|
|||||||**Total**||
|||||||**2022**|**_2021_**|
||**(a)**||**(c)**|**d=(a+b+c)**|**(e)**|**Bank and**|**_Bank and_**|
||**Master**|**(b) Petty**|**Current**|**Total Cash**|**Deposit**|**Cash**|**_Cash_**|
||**Cash box**|**Cash**|**Account**|**& Current**|**A&L**|**Balance**|**_Balance_**|
|Opening balance 1 September 2021|740|38|17,053|17,831|23,641|41,472|_35,963_|
|Transfers|(933)|683|250|-|-|-|
_-_|
|Net Surplus / (Deficit)|1,482|(704)|14,663|15,441|-|
15,441|_5,507_|
|Interest Received|-|
-|
-|-|
9|9|_2_|
|**Closing Balance 31 August 2022**|**1,289**|
**17**|**31,966**|**33,272**|**23,650**|
**56,922**|**_41,472_**|
**Published: 18 October 2022**
**Page 6 of 6**
**Prepared by: G Mills**