## **HODNET PRESCHOOL PLAYGROUP** ## **ACCOUNTS FOR THE** ## **YEAR ENDED 31ST AUGUST 2024** |Accountants Report
Statement of Funds
Statement of Income
and Expenditure|**INDEX**| |---|---| ||Page 1
Page 2
Page 3| ## **Hodnet Preschool Playgroup Accountant’s Report** ## **For the Year Ended 31st August 2024** ## **1. Introduction** We have prepared the financial statements of Hodnet Preschool Playgroup for the year ended 31st August 2024, based on the information provided by the management of the preschool. These financial statements comprise the Statement of Funds and the statement of Income and Expenditure. ## **2. Management's Responsibility** The management of Hodnet Preschool Playgroup is responsible for ensuring that proper accounting records are maintained and that the financial statements give a true and fair view of the financial position of the preschool playgroup. ## **3. Accountant's Responsibility** Our responsibility is to compile the financial information based on the records and explanations provided and to express an opinion on whether the financial statements are prepared in accordance with applicable accounting standards and the preschool’s accounting policies. ## **4. Scope of Work** Our engagement was limited to preparing the financial statements from the books and records provided. We have not carried out an audit or review, and therefore no assurance is expressed on the financial statements. ## **5. Conclusion** Based on the records and information supplied, we believe that the financial statements of Hodnet Preschool Playgroup for the year ended 31[st] August 2024 are a fair reflection of its financial performance and position. ## **Purcell Accountants** 7 Cheshire Street Market Drayton Shropshire TF9 1PD 17 November 2024 ## **Hodnet Preschool Playgroup** ## **Statement of Funds** ## **As At 31st August 2024** |Bank Current Account Balance as at 31 August 2023
Bonus Saver Account Balance as at 31 August 2023
**Add**
Income For The Year
**Less**
Expenses for the Year
**Represented by:**
Bank Current Account Balance as at 31 August 2024
Bonus Saver Account Balance as at 31 August 2024|43,206
104,873
**148,079**
76,542
(83,016)
**141,605**
17,247
124,358
**141,605**| |---|---| ## **Hodnet Preschool Playgroup** ## **Statement of Income and Expenditure** ## **For The Year Ended 31st August 2024** |**INCOME**
**2024**
_2023_
Shropshire County Council Fees
60,673
73,070
Parents Fees
13,081
13,646
Bank Interest
1,838
938
Wreath Money
299
820
Theatre Trip
112
462
Workshop/Ents
-
170
Fundraising
259
126
Free School Meals
180
-
Charitable Donation
100
-|**EXPENDITURE**
**2024**
_2023_
Wages and PAYE
63,388
49,672
Rent
3,200
3,200
Equipment
6,159
3,169
Pension Scheme
2,139
1,906
Repairs and renewals
2,306
960
Accountancy
998
956
Theatre Trip Cost
534
904
Cleaning
682
692
Telephone
610
691
PLA Insurance
751
678
Postage and Stationery
263
416
Workshop/Ents
-
288
Wreath Making Materials
109
238
Waste Collection
234
234
Website
109
209
Social Expenses
142
207
Mugs
72
104
Hire of Hall
-
90
Uniform
140
67
Training
554
61
OFSTED Fee
50
50
DBS
201
39
Data Protection
35
35
Coronation Bookmarks
-
30
Xmas expenses
5
22
Sports Day
-
20
First Aid
-
18
Church Service & Fayre Cost
22
-
Laptop
234
-
Hannuka
25
-
Easter
45
-
Fish tank & fish
9
-| |---|---| **83,016** _**64,956**_ **76,542** _**89,232**_ **Profit/(Loss) (6,474)** Chairman'5 report 2024 I shall start my 5 Chalrman's report in the same way I have started the last 4 Chairman's report: thanking the committee members and parents for their contributions to the running of our Pre School. You may think your part only small but all the small things count. l often worrythat l am becoming more of an absent Chairman but I do try to make myself seen and heard from time to timel l am still a Chalr who has no children at the pre school but l am still glad to be involved in such a thriving childcare facility. I has a5 all the previous years been a great year for our pre school and l am once again proud of all that thev have achieved. l am in the privileged position of seeing all these young chlldren In the next step of their journey and I am always glad for the way in which they have been nurtured at our pre school. I know that the forthcoming year wlll be yet another great one. In terms of committee events, thls year again as a reflectlon of the busy lives we all lead the activities have been minimal but I do hope that you all know we are always here to support in any way we need to. Often as a result of "all the hat51 wear" l am not always able to help and support In the way I would Ilke to but l am glad that Vicki and the team have it all sorted. We have sold popcorn at the School bonflre again this year, not a masslve money maker but great to be seen all the same. This pre school year Vicki and the team organised wreath boxes for people to make the wreaths at home. A great fund raiser. l am glad that the wreath ni8ht is back this year at Wollerton village room on Friday 29th November. Vlckie again organised and ran the hot chocolate stall at the Church Carols around the Christmas tree In December. Chrlstrnas is always a busy time of year in any educational setting- the children had a great Christmas experlence and visltlng the theatre agaln was one of those wonderful experiences for them. The Spring term is always a relatively quiet term with regard5 to committee activities, I know the team organised parents during the day. At least this Sprlng term we didn't have an Inspectlonl Before we knew it was the Summer term againl The children enjoyed lots of time outdoors. The year endlng wlth a get together and presentatlon at Hodnet Hall gardens for our leavers, Over the Summer we were sad to hear of Emer leaving the staff team, she had contributed to the day to day running for a year and was a great member of the team but we know she wanted to work full time 50 that Is what she chose to do. We are glad that the existing team are able to share out the work in order to cover thls. Once again l end thls report thanking our marvellous team of staff. I know that they can be relled upon to ensure that the children in our setting are well cared for, nurtured, encouraged and enthused every day. They make it look easy- I know they work incredibly hard and l am proud of all that goes on at this setting. We are lucky to have thls committed team take care of our children and l am lucky to work with them. Treasurer report We haven't had the completed accounts yet - unfortunately the account I have been emailing has left and they did not tell us. It has been an expensive year owing to the extra person most days. The bonus account has been accruing good interest this year- £1838 The play equipment was £5708.40 and fitting was £2622.00 (total £8330.40) To start school year 2024 with a total of £20,000 I transferred £2001.81 into the main account on 01109124 Balance of main account as of 14111124 £23,195.35 Bonus account £120,024.97 a(J95 - aoaw . In((M eKP 8301Io. Ib5Lkl loss¢ bLFI4 . Supervisors report Well another year under our belt We have spent a long time deliberating about the rotten wood on the fence and play equipment ani after the fence blew down in the strong winds Bryan popped us a lovely new fence...this still left us with the slide area and after lots of quotes for upwards of. £30,000 and the consultants not really understanding our dilemma of dampness, leaves, shadows etc we came to the conclusion that equipment we already had was perfect (apart from the rot) so after a long wait the equipment arrived and Bryan again popped it in situ during the summer holidays. Bryan also ordered a new playhouse at a similar time as the floor in the blue house was also rotten, we are still waiting for it to arrive. It should be here this week. Also after a long deliberation with school and RG Stones we had a quote to extend the area where they leave bags....it was agreed at the last AGM we would spend the money on the extension but I had a bit of a panic as the extension would completely wipe out the savings and with the outdoor costs it would not leave any contingency money....so we put a hold on doing any work. This does leave the bathroom area needing some attention as the toilets are a little bit leaky. Sadly we said goodbye to Emer on the last day of the school year, which was a bit of a shock, however, we have rearranged hours slightly and everything so far has turned out well. Having the extra person was fabulous last year but possibly an.expensive luxury. We will overtime, have some issues regarding staff, illness etc but hopefully this will not be too often. Obviously this will save u,. a wage cost. We current have 23 children on role with 2 more starting in January. As always I would like to thank all the parents for their support and leaving their nearest and deare: with us. But again as always the blggest thank you goes to Cindy, Amy and Emma....for thelr support everyday with all the responsibilities Playgroup life brings, for them picking up extra duties with Emer leaving but personally for me, supporting me with the Fridays l am not in work.