| | | | | | | | | ! | | | Charity number: 1125115 | **|** ' | ST JOSEPH'S CHILD CARE GROUP | | | | UNAUDITED } | TRUSTEES' REPORT AND FINANCIAL STATEMENTS | FOR THE YEAR ENDED 31 AUGUST 2020 | | | ; | | ! ! | | l t ## ST JOSEPH'S CHILD CARE GROUP ## SEES ## CONTENTS |TTT|Page| |---|---| |Reference and administrative details ofthe charity, its Trustees and advisers|4| |Trustees’report|2-5| |Independentexaminer's report|6-7| |Statement offinancial activities|8| |Balance sheet|Q| |_|| |Notestothefinancialstatements|10-23| : | | | | SSeS ST JOSEPH'S CHILD CARE GROUP Neen nee eee eee SS SS REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS —— FOR THE YEAR ENDED 31 AUGUST 2020 ## Trustees Mr D Paterson, Chair Dr MC McCafferty, CBE Rev Anthony Glaysher Mr Richard Fridge Charity registered number 1125115 Principal office Mother TeresaBridge Road Catholic Academy Trust Aldershot Hampshire - GU113DD AccountantsWise & Co Chartered Accountants Wey Court West Union Road Farnham Surrey GU9 7PT ## Bankers Lloyds TSB Bank ple 75 Castle Street Famham Surrey GU9 7LT | | | || : | | | | | | | | | | | | : | | | | | | | [ | t | | a Page 1 \ | | | | | ; ( ;| | | | | | | | | i | | | | | | 1 | | |\ | ## ST JOSEPH'S CHILD CARE GROUP ## ee TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2020 > The(the Trusteescharity) forpresentthe year theirended annual31reportAugust together2020. withThetheTrusteesfinancialconfirmstatementsthat ofthe St Annual Joseph'sreportChildandCarefinancialGroup statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## Objectives and activities ## a. Policies and objectives In setting the charity's objectives and activities the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit. The charity offers high quality child care at an affordable price. The public benefit from both the quality and care, and as a nonprofit making organization, the affordability to parents. As a result, parents can retum to work or their studies providing greater life chances for their families. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’. ## b. Grant-making policies The Object of the charity reflects the priority of support for St. Joseph's School. Grants are made only to support St. Joseph's Catholic Primary School. ## Achievements and performance ## a. Review of activities ## Performance against previous objectives: - .° ToTo ensurecontinue thatto allmeet documentationthe objects ofis the reviewedCharity annually(Achieved)(Achieved) ‘° To continue to service the loan successfully (Achieved) ° To maintain the high levels of qualifications in each setting (Achieved) Given the impact of the Covid-19 Pandemic it is a credit to all the staff involved that we remained open for Key workers throughout the period. - Financial review ## a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. —_—_——— ——eeeeSSsfhfFhhhHSéS3 RH OOekRe_ Page 2 | t | | | | | { | | | i ## Ss , ST JOSEPH'S CHILD CARE GROUP Se TRUSTEES’ REPORT (CONTINUED) ae FOR THE YEAR ENDED 31 AUGUST 2020 ## b. Reserves policy In line with the Child Care Group reserves policy, the Child Care Group intends to build up a reserve equivalent to three months operating costs. This reserve would then be used, if required to do so, to cover the costs associated with winding down the provision. In accordance with our loan agreement the CCG has gifted £5,000 to the St Joseph's Catholic Parish. c. Financial risk management objectives and policies The Charity has had a successful thirteen years in operation. We have successfully developed all settings and they continue in a sound financial position despite the impact of the Pandemic. The Charity continues to work in association with St. Joseph's School to promote the use of this Community Room. The settings continue to run independently on behalf of the Charity. This has been a very challenging year because of the pandemic. The charity has been subject to a very challenging financial conditions. This has been particularly the case with the Nursery. Furlough arrangements in this setting meant that we were not able to claim anywhere near the 80% being offered to other sectors. This together with a loss of income has put the setting under great financial pressures. This was our third year offering 30 hours funding which has enabled the Pre Schooi to off-set some of the financial implications. In Pre-school places were fully funded and furlough was paid at 80%. TTC was also able to claim the 80% furlough payments but had virtually no income. We will keep this under review during the next financial year. Tight financial control will continue to be our main focus for the coming year together with preparation for inspection. ## d. Principal funding There are three principal funding sources: 1. Fees this is the largest funding source and is paid by the parents. 2. Early Years Funding Grant - this provides for 15 hours of free funding to parents paid directly to the 3. settingSmall onefor offchildren grantsaged to support3+. Additional training. 15 hours funding for working parents. The loan has been successfully serviced and currently the balance is £81,223.19 ## e. Financial review There was a deficit for the year of £97,614 and, at the year end, the charity held total reserves of £32,425. There were no funds held for restricted purposes. Structure, governance and management a. Constitution St Joseph's Child Care Group was registered with the Charity Commission on 22 July 2008, charity number 1125115. The charity is governed by its constitution adopted on 7 May 2008. ## The principal objects of the charity are: There have been no changes in the objectives since the last annual report. | | | { | | | | | ! | | | \ | | Page 3 ; | ## ST JOSEPH'S CHILD CARE GROUP ## TRUSTEES' REPORT (CONTINUED) SSSFOR THE YEAR ENDED 31 AUGUST 2020 Structure, governance and management (continued) | | | | ## b. Methods of appointment or election of Trustees The management of the charity is the responsibility of the Trustees. Trustees are appointed by virtue of being members of the charity or members of St Joseph's Academy's Directors/Governors. Trustees are appointed by membership election. ## c. Organisational structure and decision-making policies Particulars: Governing Document: Trust Deed Constitution: Unincorporated Association Appointment of New Trustees: Trustees are appointed by formal application. Structure: Trustees Registered Person - Mr Bill James Setting Managers - Alison O'Shea (PS) Amanda Fitzgerald (N) Jillian Cairns (TTC) | ! | | | | ## d. Pay policy for key management personnel Salaries for key management staff are set by the Trust with the support of the Finance Officer, in accordance with the charity's Remuneration Policy and approved by the Trustees. Local and national comparators are taken into account, alongside individual responsibility levels and performance. ## e. Trustees’ indemnities In accordance with normal commercial practice the charity has purchased insurance to protect Trustees and officers from claims arising from negligent acts, errors or omissions occurring whilst on charity business. The insurance provides cover up to £5m on any one claim and the cost the cost of this insurance is included in the total cost. ## Plans for future periods To continue to meet the objects of the Charity. To maintain the long term future of the charity through tight financial control. ## a Page 4 | | | : | | | | **----- Start of picture text -----**
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| ]: Y | \ | | | | | | | | ' | | | | | | ,; ## ST JOSEPH'S CHILD CARE GROUP ## — SN ST SSS TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 eee Statement of Trustees' responsibilities The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial! statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period, In preparing these financial statements, the Trustees are required to: ; - . select suitable accounting policies and then apply them consistently; . - ° observe the methods and principles of the Charities SORP (FRS 102); ° make judgments and accounting estimates that are reasonable and prudent, . state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; . prepare the financial statements on the going concern basis unless it is inappropriate to presume that the The Trusteescharity willare continueresponsible in business,for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. : Approved by order of the members of the board of Trustees and signed on their behalf by: | wal rustee ate: 2 b|4h | \ } { 1 | | Page 5 | | | | | | | | | i | | | | | | | | | | | | | | ; | | | |I I t | l | | | | | ee ST JOSEPH'S CHILD CARE GROUP INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2020 Independent examiner's report to the Trustees of St Joseph's Child Care Group (the charity’) Aha to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August Responsibilities and basis of report As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of ICAEW, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. | understand that this has been done in order for the accounts to provide a true and fair view in accordance with the2015.Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January examination| have completedgiving memy examination. cause to believe| confirm that inthat anyno materialmatters respect:have come to my attention in connection with the 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. a Page 6 ST JOSEPH'S' CHILD CARE GROUP INDEPENDENT EXAMINER'Sff REPORT (CONTINUED) This rapart is made solely to the charity'sthy). Trustees,. as a body, ;in accordance withG Part 4; of the Charitieswae (Accounts and Reparts) Regulations. 2008, My work has been undertaken so that.| might. state to the charity's“ Trusieas those matters | am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than tha charity and the charily’s Trusteesas. a body, for my work or for this report. **----- Start of picture text -----**
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l f | | | | | | | |; | | { | | | | | | 1 | i} | } | | \ i | [ | l | ## ST JOSEPH'S CHILD CARE GROUP **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Caen|ener|eer|SSS|a| |STATEMENT OF FINANCIAL ACTIVITIES| |FOR THE YEAR|ENDED|31|AUGUST|2020| |ce|a|a| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Note|2020£|2020£|2020£|2019£| |Income|from:| |Donations|and|legacies|3|-|-|-|393| |Charitable|activities|4|393,946|-|393,946|392,947| |Other income|5|30,978|-|30,978|16,743| |ee|ee| |Total|income|424,924|-|424,924|410,083| |Expenditure on:| |Charitable activities|6|520,431|2,107|522,538|415,905| |Total expenditu re|—520,431|eC2,107|522,538|“"N”N"’—s»-_—_=w”415,905| |Net movement|in funds|(95,507)|(2,107)|(97,614)|(5,822)| |Reconciliation of funds:| |Total funds|brought|forward|127,933|2,107|130,040|135, 862| |Net movement|in|funds|(95,507)|(2,107)|(97,614)|(5,822)| |Total funds carried forward|32,426|-|32,426|130,040| |The Statement of financial activities|includes|all gains and losses recognised in the year.| **----- End of picture text -----**
The notes on pages 10 to 23 form part of these financial statements. : Page 8 J | \ | | | | | , \ | { | | | | | | | ## ST JOSEPH'S CHILD CARE GROUP ## —_—_—_——___ ## ST SSS SSS Syste BALANCE SHEET AS AT 31 AUGUST 2020 ee - | |||||2020||2019| |---|---|---|---|---|---|---| |||Note||£||£| ||Fixed assets|||||| ||Tangibleassets
Current assets|13||13,463
—__
13,463||18,353
—___.
18,353| ||Stocks
Debtors
Cash atbankand in hand|14
15|4,777
7,511
100,783||1,528
6,620
110,519|| ||||113,071||118,667|| ||Credifors: amounts falling duewithin one|||||| ||year|16|(39,741)||(6,980)|| ||Netcurrent assets|||73,330||111,687| ||Total assets less current liabilities|||86,793||130,040| ||Creditors: amounts falling due aftermore|||||| ||than oneyear|17||(54,367)||-| |‘||||||| ||Net assets excluding pension asset|||32,426||130,040| ||Total net assets|||32,426||130,040| ||Charityfunds|||||| ||Restricted funds|18||.||2,107| ||Unrestrictedfunds|18||32,426
—__||127,933
—____| ||Total funds|||32,426
|———_____—..___]||130,040
SSS| The financial statements were approved and authorised for Issue by the Trustees and signed on their behalf by: r D Paterson hair of Tyustees) Oate: el[iy][ if][py] The notes on pages 10 to 23 form part of these financial statements. | | | | | \ Page 9 ## a ST JOSEPH’S CHILD CARE GROUP SS SS SSS eS ss es SS SSS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 ee 1. General information St Joseph's Child Care Group was registered with the Charity Commission on 22 July 2008, charity number 1125115. The charity is governed by its constitution adopted on 7 May 2008. Its registered office is Bridge Road, Aldershot, Hampshire, GU11 3DD. ## 2. Accounting policies ## 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of lreland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published on 16 JulyPractice2014effectiverather fromthan 1theAprilAccounting2005 whichandhasReportingsince beenbywithdrawn.Charities: Statement of Recommended St Joseph's Child Care Group meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## 2.2 Going concern The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 2.3 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the charity's accounting policies. On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. aPage 10 || | | ! | ' | | | | | | | | | | [ | | i ! | | | | | ! | | | 1 | f r | | | | | | | | ## ST JOSEPH'S CHILD CARE GROUP TTNOTESFOR THETO YEAR ENDEDTHE FINANCIAL 31 AUGUSTSTATEMENTS 2020 ## 2. Accounting policies (continued) ## 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. ; Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## 2.5 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. | | ## 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . Depreciation is provided on the following bases: |Fixtures and fittings|- 10% and20% Straight line| |---|---| |Officeequipment|-33%Straightline| ## 2.7 Stocks . Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. ## 2.8 Debtors TradePrepaymentsand otherare valueddebtors atare therecognised amount prepaidat the netsettlementof any tradeamountdiscountsafter anydue.trade discount offered. ee Page 11 . 4 | { | | || { | | ## eee ST JOSEPH'S CHILD CARE GROUP ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 Seen eee ee 2. Accounting policies (continued) 2.9 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. amountLiabilitiesit are recognisedhas received as atadvanced the amountpayments that thefor charity anticipates the goods or servicesit will payit must to settleprovide. the debt or the Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. ## 2.11 Pensions The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. ## 2.12 Fund accounting . General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherancepurposes. of the general objectives of the charity and which have not been designated for other Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. | ! | | | | :| | | | t | | | | | | t | | | | | | | | | ee Page 12 \ | | | l ' | | { | ! | 1 | | | | t | | \ | | t | | | | | a ## ST JOSEPH'S CHILD CARE GROUP ; |||ST JOSEPH'S CHILD CARE GROUPJOSEPH'S CHILD CARE GROUPCHILD CARE GROUPCARE GROUPGROUP|||| |---|---|---|---|---|---| |eee|ener ree|SS
SS
NOTES TOTHEFINANCIALSTATEMENTS|||| |FORTHEYEAR ENDED31 AUGUST2020
eee|||||| |3.|Incomefromdonationsand|andlegacies|||| |||Restricted
funds|||Total
funds| |||.|2020||2020| ||||£||£| ||Donations||-||.| |||————||——————|| |||Restricted|||Total| ||||funds||funds| ||||2019||2019| ||||£||£| ||Donations||393||393| |4,|Incomefromcharitable activities||||| |||Unrestricted
funds
2020
£|||Total
funds
2020
£| ||Fees||172,803||172,803| ||Funding||221,143||221,143| |||———|||| ||Total 2020||393,946||393,946| |||Unrestricted|||Total| ||||funds||funds| ||||2019||2019| ||||£||£| ||Fees||192,240||192240| ||Funding
Total2019||200,707
392,947|_|200,707
392,947| a Page 13 | | | } | i 1 | i] | || | | | | | ; | | i | | | | | | fj | | | } | | ! ## meee ## ST JOSEPH'S CHILD CARE GROUP Neen eee ## SS SS SS SS SS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 ## wee ## 5, Other incoming resources ||||i]
|| |---|---|---|---| ||Unrestricted
funds|Total
funds|||
|| ||2020|2020||| ||£|£|| |||||| |Furloughscheme income|20,911|20,911||| |Uniform Sales|9,146|9,146||| |Supervision
BankInterest
Other incoming resources|138
69
714|138
69
714||| ||30,978|30,978|| ||Unrestricted
funds|Total
funds|| ||2019|2019||| ||£
£
|||| |||||| |Uniform Sales
Supervision
Bank interest
Other incoming resources|11,156
5,021
85
481|11,156
5,021
85
481||| ||16,743|16,743|| ## 6. Analysis of expenditure on charitable activities Summary by fund type |Summary by fund typeby fund type|Summary by fund typeby fund typetype|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||2020|2020|2020| |||£|£|E| |Charitable|activities|520,431|2,107|522,538| |||—_—_—|———————|—_—_—_—_——_——_—| ee Page 14 ST JOSEPH'S CHILD CARE GROUP a my ' | | | | | | | | | | | | | || | ## ae ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 6. Analysis of expenditure on charitable activities (continued) Summary by fund type (continued) ||Charitable activities|.|Unrestricted
funds
2019
£
414,944|—_-Restricted
funds
2019
£
961|Total
funds
2019
£
415,905|| |---|---|---|---|---|---|---| |7.|Analysis ofexpenditure|by activities||||| ||||Activities
undertaken
directly
2020|Support
costs
2020|Total
funds
2020|| ||||£|£|£|| ||Charitableactivities||517,909|4,629|522,538|| ||||Activities
undertaken
directly
2019|Support
costs
2019|Total
funds
2019|-| ||||£|£|£|| ||Charitableactivities||413,725|2,180|415,905|| | { | I ## pm | | I ! ee ee eee _ ee Page 15 | | | | | { | | I | | | | | | | | | | | | ! i ! | | : t | i I | | ST JOSEPH'S CHILD CARE GROUP a a NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 ## 7. Analysis of expenditure by activities (continued) Analysis of direct costs ||Analysis of direct costsdirect costscosts|||| |---|---|---|---|---| ||||Total
funds
2020|Total
funds
2019| ||Salaries
Supplies||£
312,981
8,634|£
269,796
8,810| ||Insurance||1,592|1,585| ||Rent||27,000|27,000| ||Training
ManagementFees
Legal and Professional Fees||2,763
31,152
2,714|961
36,000
2,420| ||Repairsand Maintenance
SundryExpenses||574
118|1,600
2,704| ||Loan Interest
Depreciation
Donations
Uniform Costs||890
4,890
115,618
6,122|144
4,931
32,303
18,402| ||Advertising||1,364|6,451| ||Paymentcharges
OtherExpenses||1,497
-|-
618| ||||517,909|413,725| |8.|Donations|.||| ||||2020|2019| ||||£|£| ||Unique
St. Joseph's Catholic Primary School||-
115,000|393
21,910| ||St. Joseph's CatholicChurch||-|10,000| ||Rainbow||618|-| ||||115,618|32,303| ||||—————|| a Page 16 | i | | | | | | | | | | | | | | | | | | | | | | i | | | A | | { SEE ST JOSEPH'S CHILD CARE GROUP ## een ee SSDS SS SS, NOTES TOFOR THE THEYEAR FI E **N** ANCIALDED 31 STATEMENTSAUGUST 2020 eee ## 9. Independant Examiner's Remuneration The independent examiner's remuneration amounts to an independent examiner fee of £2,610 (2079 - £2,130). ## 10. Governance Costs |Governance CostsCosts||| |---|---|---| ||Unrestricted
funds|Total
funds| ||2020|2020| ||£|£| |Independant examiner's remuneration|2,610|2,610| |Accountancy fees|606|606| |NurseryAudit|4,363|1,363| |Ofsted fees|50
4,629|50
4,629| ||Unrestricted
funds|Total
funds| |Independant examiner's remuneration|2019
£
2,130|2019
£
2,130| |Ofstedfees|50|50| ||2,180
——————|2,180| |Staffcosts||| ||2020|2019| ||£|£| |Wages and salaries|274,844|236,838| |Socialsecuritycosts
Contribution todefinedcontributionpensionschemes|10,568
27,569
312,981|9,796
23,164
269,798| ||===|Sono| ## 11. Staff costs ‘ Page 17 | { | | | | | | | { | ; | | | | ee ST JOSEPH'S CHILD CARE GROUP EEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 ## 11. Staff costs (continued) The average number of persons employed by the charity during the year was as follows: 2020 2019 30 27 ————SSS_—_—_ __———SSSS==== The average headcount expressed as full-time equivalents was: 2020 2019 26 23 No employee received remuneration amounting to more than £60,000 in either year. The average headcount expressed as full-time equivalents was: During year ending 31 August 2020 the key management personnel received remuneration totalling £89,074 (2019: £86,717) and pension contributions totalling £13,444 (2019: £12,620) were made on their behalf. | | ! | i | | { | | ! ; | ( I cnPage 18 | ## eee ## ST JOSEPH'S CHILD CARE GROUP ## SS SS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 **----- Start of picture text -----**
eee
**----- End of picture text -----**
## 12. Trustees' remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2019 - £NIL). During the year ended 31 August 2020, no Trustee expenses have been incurred (2019 - £NIL). ## 13. Tangible fixed assets **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |Fixturesfitti a|n|gsd|equipmentOffice|Total| |Cost or valuation|£|£|£| |At|1|September 2019|35,640|3,614|39,254| |At|31|August 2020|35,640|3,614|39,254| |Depreciation| |At|1|September 2019|17,570|3,331|20,901| |Charge|for the|year|4,607|283|4,890| |At|31|August 2020|22,177|3,614|25,791| |Net book value| |At 31 August 2020|——_—_———_—_————13,463|———————————-|——————13,463| |At 31|August 2019|18,070|283|18,353| |———S|————|—_—SSSS===| |14.|Stocks| |2020|2019| |£|£| |School Uniforms|4,777|1,528| **----- End of picture text -----**
## a | | | | | | | | | | | | | | | | | | | | | ! | | | | | | | \ | | Page 19 { \ | | ' | { | | | | | | | { | | | | | | | | | l | | \ | | t | | | ## eee ## ST JOSEPH'S CHILD CARE GROUP OS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 |15.|Debtors||| |---|---|---|---| |||2020
£|2019
£| ||Due aftermorethanoneyear||| ||Otherdebtors|-|842| ||Duewithinoneyear
Otherdebtors
Prepayments and accrued income|-
6,930
581|842
5,212
566| |||7,511|6,620| |16.|Creditors:Amountsfallingduewithinoneyear||| |||2020
£|2019
£| ||Trade creditors|681|1,704| ||Othertaxation and social security|2,835|2,760| ||Other creditors
Accrualsanddeferredincome|33,178
3,047|-
2,516| |||—_——_|| |||39,741|6,980| |17.|Creditors: Amounts falling due after morethan one year||| |||2020|2019| |||£|£| ||Otherloans|54,367|-| |||===|—SSSSSSS_—| Page 20 i} | { ] | | | | | | | | | | ## ST JOSEPH'S CHILD CARE GROUP ## La NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 ## ee |18.|Statementoffunds|||||| |---|---|---|---|---|---|---| ||Statementoffunds -currentyear||||||| ||||Balance at 1|||Balance at| ||||September|||31 August| ||||2019
£|Income Expenditure
£
£||2020
£| ||Unrestricted funds|||||| ||GeneralFunds- allfunds||127,933|424,924|(520,431)|32,426| ||Restrictedfunds|||||| ||RestrictedFunds -allfunds||2,107|-|(2,107)|.| ||Total offunds||130,040|424,924|(522,538)|32,426| ||||—eSSemESEE=ZHEED™WNEDOCOOO— ET|||Sa| ||Restrictedfunds relate tograntfunding
deputy.||received tosupport thetrainingofour Pre-Schoolmanager|||managerand| | | t | t i | | \ t | | —_—— ee __OOoOONUN>Ye ee rr Page 21 | I | | | | | | | | | | | | | | | ## eee ## ST JOSEPH'S CHILD CARE GROUP ## ES SSS SSS SSS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 |ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020|ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020|ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020|ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020|ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020|ST JOSEPH'SJOSEPH'S CHILD CARE GROUPCARE GROUPGROUP
ES SSS SSS SSS
NOTES TO THE FINANCIAL STATEMENTSTO THE FINANCIAL STATEMENTSTHE FINANCIAL STATEMENTSFINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 AUGUST 2020||
|
||| |---|---|---|---|---|---|---|---| |meee|||||||| |18.|Statementoffunds(continued)|||||||| ||Statement offunds ~ prioryear||||||| |||Balanceat
1September
2018|Income|Expenditure|Balanceat
31August
2019||
||| ||Unrestrictedfunds|£|£|£|£|||| ||GeneralFunds- allfunds|133,187|409,690|(414,944)|127,933|||| ||Restrictedfunds
RestrictedFunds- allfunds|2,675|393|(961)|2,107||
||| |||||||||| ||Total offunds|135,862|410,083|(415,905)|130,040||| |||fn}|mS—SS=—==|$$$}
—_—SSS=SSS==—_||||| |||||||||| |19.|Analysisofnetassets betweenfunds|||||||| ||Analysis ofnet assets between funds -current period||||||| |||||Unrestricted
funds|Total
funds||| |||||2020|2020||| |||||£
£
||||| |||||||||| ||Tangiblefixed assets
Current assets|||13,463
413,071|13,463
113,071|||| ||Creditors duewithin oneyear|||(39,741)|(39,741)||| ||Creditors due in morethan oneyear|||(54,367)|(54,367)||| ||Total|||32,426|32,426||| | | | | | a Page 22 | | ## meee ## ST JOSEPH'S CHILD CARE GROUP ## SS SS SSS a SSS SSS SSS Se Se Ss SSS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 See 19. Analysis of net assets between funds (continued) ## Analysis of net assets between funds - prior period ||Unrestricted
funds
2019|Restricted
funds
2019|Total
funds
2019| |---|---|---|---| ||£|£|£| |Tangible fixed assets|18,353|-|18,353| |Debtors due after more than one year
Current assets|842
115,718|-
2,107|842
117,825| |Creditors due within one year|(6,980)|-|(6,980)| ||eo||| |Total|127,933|2,107|130,040| |Pensioncommitments|||| |The Charity operates a defined contribution pension scheme. During the yearthe charity made pension
contributions totalling £27,666 (2019: £23,164). Contributions of£2,607 were payable at 31 August 2020
(2019:£0).|||| |Related party transactions|||| |The Charity has Trustees in common with Mother Teresa Catholic Academy Trust (St Joseph's
Academy). During theyear, StJoseph's Child CareGroupmadethefollowing payments to StJoseph's
Academy:|||| |||2020|2019| |||£|£| |Managementfees
Rent||31,152
27,000|36,000
27,000| |Donations||115,000|21,910| |||173,152|84,910| ## 20. Pension commitments The Charity operates a defined contribution pension scheme. During the year the charity made pension contributions totalling £27,666 (2019: £23,164). Contributions of £2,607 were payable at 31 August 2020 (2019:£0). ## 21. Related party transactions The Charity has Trustees in common with Mother Teresa Catholic Academy Trust (St Joseph's Academy). During the year, St Joseph's Child Care Group made the following payments to St Joseph's Academy: ## 22. Controlling party The charity is under the control of the trustees. a Page 23 | | | I \ | | ! | | | | | | | | | | | | | | | | | | | | | | | | | || | | |