STJOSEPH’S CHILD CARE GROUP

ANNUALREPORT

For the Financial YearEnding 31stAugust2017

1

SECTION 1: AdministrativeDetails

1a Name ofCharity:

St. Joseph’s Child CareGroup

1b Charity RegistrationNumber:

1125115

1cAddress:

St. Joseph’s Child Care Group Bridge Road Aldershot GU113DD

1dTrustees:

Dr Campbell McCaffertyCBE Fr. Anthony Glayser

Mr Nigel Smith Mrs Debbie Flynn Mr DavidPaterson

1e Additional Trustees in the reportingyear:

None

SECTION 2: Structure, Governance andManagement

2aParticulars:

Governing Document: Trust Deed Constitution: UnincorporatedAssociation

2b Appointment of NewTrustees:

Trustees are appointed by formalapplication.

SECTION 3: FinancialReview

3a Policy on Reserves: The Charity commissioned a reserves policy in January2012. The policy indicated that we will build up a reserve equivalent to two months operating costs up to a maximum of £50,000. At the end of this financial year the reserve account stood at£55,033.

SECTION 3: Financial Review(Cont.)

3b Deficitfunds:

The Charity has maintained positive cash balances in the following accounts inthe reporting period. (The figures below are in year figures and do not includes the carry forwards from previous years.

2016/17 InYear

Account / Income / Expenditure / Balance
Tea TimeClub / £79,981. / £71,263. / £8,718.
PreSchool / £115,111. / £104,868. / £10,243.
DayNursery** / £216,957. / £243,126. / £-26,169.
Reserve* / £2,896. / £0 / £2,896.

*Reserve Account balance as at 31.08.17 is £55,033.

Loan2

Opening balance: August2016 / £76,128.75
Draw Down Loan Proceeds / £ 0
Payments / £26,856.00
Interest / £ 945.99
Closing balance: August2017 / £50,218.74

SECTION 4: Funds held as custodian trustee onbehalf ofothers

4a Assetsheld:

The Charity has no assets held in the reportingperiod.

4b Assets held on behalfof:

The Charity has no assets held in the reportingperiod.

4c Arrangements for safe custody ofassets:

The Charity has no assets held in the reportingperiod.

SECTION 5: AdditionalInformation

5a Administrativedelegation:

The day to day administration of the charity is delegated to Mr BillJames, Headteacher of St Joseph’s Catholic PrimarySchool.

5b Organisations relevant to theCharity: Bankers: LloydsTSB

75 CastleStreet

Farnham Surrey GU97LT

Auditors: Wise & Co CharteredAccountants

Wey Court West UnionRoad Farnham Surrey GU97PT

Payroll Service Provider:

Firmvalue Payrolls Ltd Wey CourtWest

Union Road Farnham Surrey GU97PT

5c Policies andprocedures:

The following policies have been adopted in the reportingperiod: None

5d Organisationalstructure:

Please see Appendix 1 5eRisks:

The associated risks within the Charity are concerned with two main factors.The

numbers of children who are using the settings as these effects our income stream and the expenditure associated with running the various settings. The tightfinancial management of the Charity ensures that the Charity always operates a positive budget. The individual settings are closely financially monitored. This will be a con- tined focus for the next reporting period. The charity had a claim made by an employee, which was settled through the insurers.

SECTION 6: Objectives andActivities

6a Objects of theCharity:

  1. To provide the necessary facilities for the daily care, recreationand education of the children during out of school hours and school holidays;
  2. To provide opportunities for play and education for children whilst involving parents andcarers;
  3. To advance the education and training of persons in the provision of such care, education and recreationalfacilities

6b Aims of theCharity:

6c Main aims for the comingyear:

  • To continue to meet the objects of theCharity
  • To ensure that all documentation is reviewed annually
  • To continue to service the loansuccessfully
  • Tomaintainthehighlevelsofqualificationsineachsetting
  • To monitor numbers in each of the settings
  • To report to trustees the effect of 30 hour funding
  • Ifinspected,togainagoodorbetterratingforPreschool, Nursery 2+ and all othersettings

(Therearenomajorcapitalprojectsplannedforthenextfinancial year)

6d Strategy to achieve mainaims:

1.Through sound financialmanagement

2.Through recruitmentpolicy

3.Through clear training and developmentpolicy

SECTION 6: Objectives and Activities(Cont.)

6e Activities of theCharity:

The Charity has had a successful seventh year in operation. We have successfully developed all settings and they are now in a sound financial position. We have continued to successfully service the loan. The Charity continues to work in association with St Joseph’s School to promote the use of this Community Room. The settings continue to runindependently on behalf of theCharity. There have been several improvements regarding the nursery including new storage and a new play house.

SECTION 7: Achievements andPerformance

7a Performance against previousobjectives:

  • To continue to meet the objects of theCharity (Achieved)
  • To Maintain regular meeting focusing on standards, and pupil progress (Achieved)
  • To continue to service the loansuccessfully (Achieved)
  • Tomaintainthehighlevelsofqualificationsineachsetting (Achieved)
  • Ifinspected,togainagoodorbetterratingforPreschool, Nursery 2+ and all othersettings (Not inspected in the academic year)

6.7bFundraising:

Small scale fund raising was undertaken by the different settings. Totalfundraising for the reporting period was£534.50.

We donated money to the following Charities: UNIQUE

7cInvestments:

The Charity does not currently have anyinvestments.

7d Factors beyond the Charitiescontrol:

There were no factors beyond the Charities control that had an effect inthe reportingperiod.

SECTION 8: FinancialReview

8a How has expenditure supported keyobjectives

The loan has been successfully serviced. Development areas have been successfullyfinanced

8b MaterialInvestments:

There were no material investments in excess of £5,000. in the reportingperiod.

SECTION 9: FuturePlans

9a Aims for the next reportingperiod: Please refer to6c