AGM Finance Report 2021/22 **Bank/Cash Total £ 77,002.46 Balance** ## **Current Account - Breakdown** |_Petty Cash_|**30,618.43**
**£**
**Operating funds**
35,000.00
£
Reserve (Contingency) Fund
557.07
£
EYPP
_Unspent - C/F_
7,135.96
£
Fundraising
1,646.00
£
Grants
2,045.00
£
Thrift club
_** Paid out in October **_
77,002.46
£
_204.15_
_£_| |---|---| ## **Summary** Budets have been managed effectively. In comparison with the previous year end Income was down by 14.2% and expenditure was down by 10.8%. before year end. ## **Income** ## **Funding & Fees** The majority of our income is received from Gloucestershire County Council. This year totalled 101k, 18.7% decrease from previous year. Our non funded (children's fees) income totalled 14.7k, 72.4% increase from previous year however 2020/21 income was extremely low due to the covid-19 closures in place during last academic year. A one off funding payment was received in June, in respect of local authority budgeted, funding underspend - 3.7k ## **EYPP** EYPP is received termly from Gloucestershire County Council, for children from low income familes. The money received from EYPP is allocated to children in receipt of this funding, based on their individual needs. This year EYPP funding was spent as follows; Intervention and resources for fine motor skills, maths and small world. A balance of £557.07 was C/f to 22/23 for unspent funding due to the change in management. |**Fundraising**
B/F from 20/21
£
Amazon Smile
£
Christmas Fundraising
£
Donation from June Ball
Trust
£
Easter Fundraising
£
Forest Lottery
£
Photos Commision
£|**_INCOME_**
1,681.15
52.47
391.00
5,000.00
573.30
524.00
128.00| |---|---| £7,135.96 has been c/f to 2022/23. Due to the change in management and healthy year end profit the majority of fundraising income remains unspent. ## **Grants** B/F from 20/21 £ 646.00 C/F 2022 / 23 FOD District Council £ 236.34 Jubilee celebrations - Spent on jubilee activities and jubilee party Arnold Clark £ 1,000.00 C/F 2022 / 23 £1,646 has been c/f to 2022/23. Projects to be considered for the unspent grants and fundraising funds in 2022/23. **Expenditure** AGM 1 Finance Report 2021/22 ## AGM ## Finance Report 2021/22 ## **Payroll 16.8% decrease from last year** National Living and Minimum wage increased in April 2019 by 6.6% for 25 years and older ## **Expenditure** Budgets were well managed during the financial year. Cost centres reported minimal inflation rises, as budgeted. 7k of the year end forecast profit was allocated to re-invest back into the playgroup of which £6,528.29 was spent to improve the setting. _individual purchases costing in excess of £200 were as follows_ Parenta £ 1,140.48 New Management System Lydney Skips £ 730.00 2 Skips Currys £ 598.00 2 Ipads for rooms Currys £ 534.98 Printer and Cartridges TTS £ 509.97 Outdoor Pirate Ship ESPO £ 299.59 Resources for rooms Ikea £ 280.00 Storage, lightinga and Cutlery Jackson £ 250.00 Maintenance Odd Jobs TTS £ 227.99 Sand and Water Play 2 AGM Finance Report 2021/22 AGM Finance Report 2021/22 3 AGM Finance Report 2021/22 AGM Finance Report 2021/22 AGM 4 Finance Report 2021/22 ||||| |---|---|---|---| |**Charity name:**|**Coalway Early Years**|**Charity number:**
**900365**|| |**Receipts and payments accounts for the period**
Period start date**1st September 2021**||Period end date**31st August 2022**|| ||||| |**RECEIPTS**||**Previous year**
**£p**|**Current year**
**£p**| |Nursery Education Funding (Free for 3&4)
Nursery Education Funding (New for 2)
Children's fees
EYPP
Toddlers
GRANTS:
Forest of Dean District Council
B/F 21/22
Arnold Clark
Fundraising
Donations - CAF - June Ball Trust
Interest
Other receipts
Sub total
Income from the sale of equipment|**£557.07 c/f 2022/23 (EYPP)**
**£646 c/f 2022/23 (Grants)**
**£1,000 c/f 2022/23 (Grants)**
**£5,000 c/f 2022/23 (Donations)**
**£2,135.96 c/f 2022/23 (Fundraising)**|104,135.09
20,316.38
8,548.83
4,625.41
0.00
520.00
88.04
149.12
135.00
1,833.93
140,351.80
-
**£140,351.80**|76,423.06| ||||24,706.92| ||||14,740.97| ||||2,018.48| ||||840.66| ||||| ||||| ||||236.34| ||||| ||||| ||||| ||||1,255.76| ||||| ||||| ||||| ||||| ||||| ||||200.00| ||||120,422.19| ||||-| |**TOTAL RECEIPTS**|**(A)**||**£120,422.19**| ||||| |**PAYMENTS**||**Current year**
**£p**|**Current year**
**£p**| |Employment costs (gross pay + employer's NIC + Pensions)
Training costs
Grant Expenditure
Premises (rent, heat etc) inc cleaning
Subscriptions
Insurance
Administration
Refreshments
Consumables (paint, paper etc)
Room Toys /Equipment & Furnishings
Fundraising costs
**Other Expenditure:**
EYPP
Toddler
Misc
Sub total
Purchases of of equipment and other assets|**£2,045 Thrift c/f 2022/23**|105,429.11
350.94
520.00
8,735.55
807.15
1,263.43
2,521.28
319.13
2,003.59
1,402.48
372.16
4,625.41
1,054.42
129,404.65

**£129,404.65**
~~-~~|87,760.78| ||||1,488.95| ||||236.34| ||||9,103.62| ||||797.32| ||||1,306.90| ||||3,397.93| ||||388.94| ||||2,078.36| ||||4,263.25| ||||1,255.76| ||||| ||||2,018.48| ||||385.37| ||||1,010.61| ||||115,492.61| ||||| |**TOTAL PAYMENTS**|**(B)**||**£115,492.61**| ||||~~-~~| |**NET OF RECEIPTS AND PAYMENTS**|**(A-B=C)**|**£10,947.15**|**£4,929.58**| |**Cash funds***incl. deposit a/c**last**year end
**Cash funds***incl. deposit a/c**this**year end|**(D)**
**(C+D)**|49,741.70

**£60,688.85**|60,688.85| ||||**£65,618.43**| ||||| |**STATEMENT OF ASSETS AND LIABILITIES**|||| |Bank Balance - Current Account
Petty Cash/Float
Thrift club - Paid out October
C/F 2022/23
Fundraising
C/F 2022/23
EYPP
C/F 2022/23
Grants
C/F 2022/23|||**Current value**| ||||£76,798.31| ||||£204.15| ||||| ||||| ||||£77,002.46| ||||| ||||2,045.00
-£| ||||7,135.96
-£| ||||557.07
-£| ||||1,646.00
-£| ||||**£65,618.43**| Signed for the committee ……………………..……………. Role…………………….................... Date……………………………….. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteosl members of f.hAiily Nafflp CoALh)ALI 6A£L V6t1QS On accounts for tho year ended Charity no (if any) 31" Auausf 20 qIx)3e)S Set out on pages Iiem8mhor lo page nurnbers ()1 addillon￿lI shpp.tsl I report to the trustees on my examination of th8 accounts of the above charity (°the Trust") for the year ended 31 OE X22 Responsibilities and As the charity trustees of the Trust, you are responsible for th8 preparation basis of report of the accounts in accordan￿ with the requirements of the Charities Acl 2011 {"the ACV'I. I report in respecl of my examination 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 Charity Commission under seolion 145(5}Ib) of the Act. I have completed my examinalion. I confimi that no material matters have come lo rny attention {other Ihan thal disclosed b81ow ') in connection with the examination which gives me cause to believe that in, any material respect= accounting récords were not kept in accordance with seclion 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statoment I have no concerns and have come across no other malters in connection with th8 examination to which attenlion should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete th9 words in the brackets if they do not apply. Signed: Date: 24 112x2 Name: ssm AThAS Relevant professional quallflcatSon(s} or body (if any): ACA- ICACKJ Address: LYDrJÉV, IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examinor wishes to dlselose. IER October 2018