Charity number: 1125115
## ST JOSEPH'S CHILD CARE GROUP
## UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
## ST JOSEPH'S CHILD CARE GROUP
## CONTENTS
||Page|
|---|---|
||1|
|Reference and administrative details of thecharity,its Trustees||
|and advisers||
|Trustees' report|2-8|
||9 -10|
|Independent examiner's||
||11|
|report Statement of fnancial||
||12|
|activities Balance sheet||
||13|
|Statement of cash fows||
||14 -|
|Notes to the fnancial|28|
|statements||
ST JOSEPH'S CHILD CARE GROUP
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS **FOR THE YEAR ENDED 31 AUGUST 2022**
## **Trustees**
R Fridge, Chair A McLaren (appointed 1 September 2022) S Dew (appointed 1 September 2022) D Paterson (resigned 31 December 2021) Rev A Glaysher (resigned 1 September 2022) **M** C McCafferty, CBE (resigned 1 September 2022)
## **Charity registered number**
## **1125115**
## **Principal office**
St Joseph's Catholic Primary School Bridge Road Aldershot Hampshire GU11 3DD
## **Accountants**
## **Shaw Gibbs (Audit)**
Limited Wey Court West Union Road Farnham Surrey **GU97PT**
## **Bankers**
Lloyds TSB Bank pie 75 Castle Street Farnham Surrey GU97LT
Page 1
## **ST JOSEPH'S CHILD CARE**
## **TRUSTEES'REPORT FOR THE YEAR ENDED 31 AUGUST 2022**
The Trustees present their annual report together with the financial statements of St Joseph's Child Care Group (the charity) for the year ended 31 August 2022. The Trustees confirm that the Annual report and financial 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**
The purpose of the charity is identified in our objects
- a. To provide the necessary facilities for the daily care, recreation and education of the children during out of school hours and school holidays;
- b. To provide opportunities for play and education for children whilst involving parents and carers; c. To advance the education and training of persons in the provision of such care, education and recreational facilities.
The charity has once again performed well against its objectives, the inclusion of the CTSA in this aspect has been further recognition of our commitment to education and the community. This reflects the work of the whole of St. Joseph's Child Care Group including: St. Joseph's Nursery, St. Joseph's Pre School, St. Joseph's Tea Time Club and CTSA. We aim to provide the necessary facilities for parents to have high quality wrap around child care. To ensure that all pre school pupils have access to quality child care. We aim to improve the support for parents and offer their children a good start to their education enabling children and parents to have increased life chances.
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 organisation, the affordability to parents. As a result, parents can return to work or their studies providing greater life chances for their families. In addition, the CTSA has been providing training for prospective teachers to work within our local communities.
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 and other entities that benefit the school
Page2
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **Achievements and performance**
## **a.Review of activities**
Performance against previous objectives:
To continue to meet the objects of the Charity (Achieved) To ensure that all documentation is reviewed annually (Achieved) To continue to service the loan successfully (Achieved)
- To maintain the high levels of qualifications in each setting (Achieved) To train high quality teachers for the local community (Achieved)
These achievements meet our legal requirements and in so doing we remain committed to the education of children. Our strategies for achieving our objects center around the provision of highquality training for our staff. This ensures high-quality provision of our delivery. To make sure that the settings are financially viable. We use the following criteria to measure the success of the settings.
1. Feedback from parents
2. Feedback from OFSTED
3. Reporting from Setting management
4. Is the charity financially viable.
5. Have we maintained a high level of staffing qualifications?
ST JOSEPH'S CHILD CARE GROUP
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **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.
## **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 in the previous financial year. We are due to gift a further £5,000 in the next academic year.
## **c. Financial risk management objectives and policies**
The Charity has had a successful fifteen 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 again because of the current economic environment which is set to continue for the foreseeable future. The inclusion of the CTSA for this year has had a positive effect. The charity has been subject to challenging financial conditions. Tight financial control will continue to be our main focus for the coming year together with preparation for inspection.
## **d. Principal funding**
There are two 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 setting for children aged 3+ Additional 15 hours funding for working parents.
3. Training fees generated by the CTSA
## **e.** Financial **review**
There was a surplus for the year of £64,157 and, at the year end, the charity held total reserves of £139,653. There were no funds held for restricted purposes.
The charity is slowly recovering from the longer term of the pandemic. We have recovered consistently and whilst we are not yet back to a pre-pandemic position we continue to make steady progress. The Cost and Living Crisis has also impacted with respect to out after school provision. This is recovering well but it still represents a significant event. We have a clear plan with regards to our staff to pupils' ratio to ensure that we are financially viable over the long term. Trustees have closely monitored the financial performance of the individual settings to minimize any risk of failure. Going forward the trustees will adopt the same strategy, to insure that the viability of the setting are always considered. An external OFSTED inspection will validate this further.
Page4
## **ST JOSEPH'S CHILD CARE**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **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.
## **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.
Trustees are recruited through advertising within the community and diocese. There then have to apply through OFSTED to ensure that all Trustees are fit to carry out the requirements of the post. Once approved the Chair of the Trustees is appointed by election. All Trustees receive induction.
Pages
ST JOSEPH'S CHILD CARE GROUP
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
## **Structure, governance and management (continued)**
## **c. Organisational structure and decision-making**
## **policies Charity Structure**
**Trustees** - Appointed
**Registered Person** - Appointed by Trustees **Setting Manager** - Appointed by the Registered Person **Members** - Any parenVcarer who has a child registered at a setting
## **Decision Making**
The Trustees hold the overall responsibility for all the settings including financial arrangements/ Compliance/ Heath and Safety. All decisions relating to the objects of the charity are the responsibility of the charity. This also includes approving policy and procedures.
The registered person is delegated all compliance with regards to the Charitable Status for all
the settings. The setting managers are delegated all the 'day to day' responsibilities.
The members are regularly consulted for feedback in the services and support provided.
Manger's pay is set through the annual performance management cycle and benchmarked against the industry averages. This is also the case for staff at all levels. The charity complies with all aspects of minimum wage legislation.
## **Particulars:**
Governing Document: Trust Deed Constitution: Unincorporated Association
## Appointment of New Trustees:
Trustees are appointed by formal application. Three new Trustees have ben appointed for the 2022/23 academic year.
## **Structure:**
**Trustees:** Three Trustees: Alison McLaren (Chair}, Richard Fridge, Stephanie Dew
## **Registered Person:** Bill James
## **Setting Managers:**
## **Alison O'Shea (PS}**
Amanda Fitzgerald **(N}** (Resigned February 2022} Zuzana Davis (N} (Appointed February 2022} Jillian Cairns (TIC} Bill James (CTSA)
## **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.
Page6
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **Structure, governance and management (continued)**
## **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 £Sm on any one claim and the cost the cost of this insurance is included in the total cost.
## **Reference and administrative details**
See Page 1
## **Exemptions from Disclosure**
There are no exemptions from disclosure.
Funds held as custodian Trustee on behalf of others
There are no funds held as custodian Trustees on behalf of others.
## **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 " post pandemic. If inspected get at least a GOOD" grading. To **assess** the long-term validity of the CTSA. Continue to service the loan. ' Support St. Joseph s School financially with an at least £15,000 donation in the next financial year.
## ST JOSEPH'S CHILD **CARE**
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
## 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 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 charity will continue in business.
The Trustees are responsible 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:
**cige** (Chair of Trustees) Date: _1.S/t:,,fo/2J_
Page
STJOSEPH'S CHILD CARE
Page
ST JOSEPH'S CHILD CARE GROUP
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2022**
## **Independent examiner's report to the Trustees of St Joseph's Child Care Group ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2022.
## **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').
I 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 I 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. I confirm that I am qualified to undertake the examination because I 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.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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.
I 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.
Page 9
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
Signed: Mark Dickinson FCA Shaw Gibbs (Audit) Limited Wey Court West Union Road Farnham Surrey GU97PT Date: \5
## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
|**Not**
**e**
Incomefrom:
Donations and legacies
3
Charitable activities
4
Otherincome
5
**Total **income
**Expenditure on:**
Charitableactivities
6
**Total expenditure**
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
**Total funds carried forward**|Unrestricted
funds
Total
funds
_Tota_
_l_
_fund_
_s_
**2022**
£
**2022**
£
_2021_
£
**50,403**
**50,403**
_16,072_
**532,911**
**532,911**
_402,613_
**12,423**
**12,423**
_17,800_|
|---|---|
||**595,737**
**595,737**
_436,485_|
||**531,580**
**531,580**
_393,415_|
||**531,580**
**531,580**
_393,415_|
||**64,157**
**64,157**
_43,070_|
||**75,496**
**75,496**
_32,426_
**64,157**
**64,157**
_43,070_|
||**139,653**
**139,653**
_75,496_|
The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 14 to 28 form part of these financial statements.
## ST JOSEPH'S CHILD CARE GROUP
## BALANCE SHEET AS AT 31 AUGUST 2022
|Fixed assets
**Not**
**e**
Tangible assets
13
Current**assets**
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Netcurrent**assets**
Totalassets lesscurrentliabilities
Creditors:amounts fallingdueafter
more than one year
17
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
18
Unrestrictedfunds
18
Totalfunds|**3,598**
**2,838**
**165,43**
**5**|**2022**
£
**6,807**|_2,659_
_2,555_
_132,526_|_2021_
£
_9,558_|
|---|---|---|---|---|
|||**6,807**
**135,172**||_9,558_
_94,471_|
||**171,871**
**(36,699)**||_137,740_
_(43,269)_||
||||||
|||||_104,029_
_(28,533)_|
|||||_75,496_|
|||||_75,496_|
|||||_75,496_|
|||||_75,496_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
**R Fridge** (Chair of :Justees) Date: _1.5(8"/2-!::._
The notes on pages 14 to 28 form part of these financial statements.
Page
STJOSEPH'S CHILD CARE GROUP
Page
## ST JOSEPH'S CHILD CARE GROUP
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2022
|**Cashfows from operating activities**
**Not**
**e**
Net cash usedinoperating activities
20
**Cash fows from investing activities**
Purchase of tangible fxed assets
**Net cash used**in**investingactivities**
**Cash fows from fnancing activities**
Repayments ofborrowing
**Net cash used in fnancing activities**
**Change incash and cash equivalents inthe year**
Cash and cash equivalents at the beginning of the year
**Cashand cash equivalents at theend of the year**
2
1|**2022**
£
**60,082**
**(317)**
**(317)**
**(26,856)**
**(26,856)**
**32,909**
**132,526**
**165,435**|_2021_
£
_59,402_|
|---|---|---|
|||_(803)_|
|||**(803)**|
|||_(26,856)_|
|||**(26,856)**|
|||**31,743**
_100,783_|
|||_132,526_|
The notes on pages 14 to 28 form part of these financial statements
Page 13
ST JOSEPH'S CHILD CARE GROUP
Page 14
ST JOSEPH'S CHILD CARE GROUP
**NOTES TO** THE **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. General information**
St Joseph's Child Care Group is a registered Charity, 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 Ireland (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 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
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.
Page 15
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **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 - 10% and 20% Straight line fittings Office - 33% Straight line equipment
## **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
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **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.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
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 furtherance of the general objectives of the charity and which have not been designated for other purposes.
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2022**
£
Donations
50,403
_Unrestricted_
_funds_
_2021_
£
Donations
_16,072_
**4.**
**Incomefrom charitable activities**|**Tota**
**l**
**fund**
**s**
**202**
**2**
£
**50,40**
**3**|
|---|---|
||_Total_
_funds_
_2021_
£
_16,072_|
|**Unrestrict**
**ed**
**funds**
**202**
**2**
£
Fees
208,285
Funding
227,383
Training
97,243
**Total 2022**
532,911
_Unrestricte_
_d_
_funds_
_2021_
£
Fees
_167,355_
Funding
_235,25_
_8_||**Total**
**funds**
**202**
**2**
£
**208,285**
**227,383**
**97,243**|
|---|---|---|
|||**532,911**|
|||_Tota_
_l_
_fund_
_s_
_2021_
£
_167,35_
_5_
_235,25_
_8_|
Total 2021
402.61
402.61
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
## 5. Other incoming resources
|Uniform Sales
Supervision
Bank Interest
Otherincomingresources
Furloughscheme income
UniformSales
Bank Interest
Otherincomingresources
**6.**
**Analysis of expenditure**on**charitable activities**
**Summary by fund type**
Charitable activities - child care
Charitable activities-training|Unrestricte
d
funds
**202**
**2**
£
12,269
43
35
76
12,423
_Unrestricte_
_d_
_funds_
_2021_
£
_5,202_
_12,556_
_(105)_
_147_
_17,800_
**Unrestrict**
**ed**
**funds**
**202**
**2**
£
407,602
123,978
531,580||Tota
l
fund
s
**202**
**2**
£
**12,269**
**43**
**35**
**76**|
|---|---|---|---|
||||**12,423**|
||||_Total_
_funds_
_2021_
£
_5,202_
_12,556_
_(105)_
_147_|
||||_17,800_|
||||**Total**
**202**
**2**
£
**407,602**
|
||||~~**123,978**~~|
||||**531,580**|
## ST JOSEPH'S CHILD CARE GROUP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
6. Analysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
|Summary by fund type (continued)|||
|---|---|---|
||_Unrestricte_||
||_d_||
||_funds_|_Total_|
||_202_|_202_|
||_1_|_1_|
||£|£|
|Charitable activities|_393,415_|_393,415_|
7. Analysis of expenditure by activities
|Activities
undertaken
directly
**2022**
£
Charitable activities - child care
403,198
Charitable activities -training
123,978
527,176
Charitable activities
_Activiti_
_es_
_undertak_
_en_
_directly_
_2021_
£
_390,141_|Support
Total
costs
funds
**202**
**2**
£
**202**
**2**
£
4,404
**407,602**
**123,978**|
|---|---|
||4,404
**531,580**
_Support_
_costs_
_Tota_
_l_
_fund_
_s_
_2021_
_2021_
£
£
_3,274_
_393,415_|
Page 22
**ST JOSEPH'S CHILD CARE**
## **NOTES** TO THE **FINANCIAL STATEMENTS** FOR THE **YEAR ENDED 31 AUGUST 2022**
## 7. **Analysis** of **expenditure by activities** (continued)
**Analysis** of **direct** costs
|Staf costs
Supplies
Insurance
Rent
Training
ManagementFees
Legal and Professional Fees
Repairsand Maintenance
SundryExpenses
Loan Interest
Depreciation
Donations
Uniform Costs
Advertising
Paymentcharges|Total
Child**care**
Training
funds
**2022**
£
**2022**
£
**202**
**2**
£
295,589
75,688
**371,277**
12,282
**12,282**
1,514
**1,514**
27,000
**27,000**
348
23,578
**23,926**
37,998
**37,998**
4,564
**4,564**
1,854
**1,854**
2,121
**2,121**
649
**649**
3,068
**3,068**
2,636
23,425
**26,061**
12,307
**12,307**
1,253
8
**1,261**
15
1,279
**1,294**|
|---|---|
||403,198
123,978
**527,176**|
Page 23
## NOTES TO THE FINANCIAL STATEMENTS **FOR THE YEAR ENDED 31 AUGUST 2022**
## 7. Analysis of expenditure by activities (continued) **Analysis of direct costs (continued)**
|Stafcosts
Supplies
Insurance
Rent
Training
ManagementFees
Legal and Professional Fees
Repairs and Maintenance
Sundry Expenses
Loan Interest
Depreciation
Donations
UniformCosts
Payment charges
Other Expenses|_Child care_
_Training_
_Tota_
_l_
_fund_
_s_
_2021_
£
_2021_
£
_2021_
£
_295,495_
_295,495_
_10,356_
_10,356_
_1,556_
_1,556_
_18,000_
_18,000_
_1,056_
_1,056_
_26,000_
_26,000_
_5,191_
_5,191_
_5,153_
_5,153_
_1,219_
_1,219_
_1,022_
_1,022_
_4,708_
_4,708_
_5,020_
_5,020_
_15,283_
_15,283_
_40_
_40_
_42_
_42_|
|---|---|
||_390,141_
_390,141_|
|**8.**
**Donations**
St Joseph's Catholic Primary School
St Joseph's Catholic Church
Crackerjacks Children's Trust|**2022**
£
_2021_
£
**26,061**
_5,000_
_20_|
|---|---|
||**26,061**
_5,020_|
## **9. lndependant Examiner's Remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £2,500 - _(2021_
£2, _112)._
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **10. Governance Costs**
|**Unrestrict**
**ed**
**fund**
**s**
**202**
**2**
£
lndependantexaminer's remuneration
2,500
Accountancy fees
1,904
**4,404**
_Unrestricte_
_d_
_funds_
_2021_
£
lndependantexaminer's remuneration
_2,112_
Accountancy fees
_1,162_
_3,274_
**1.**
**Staf costs**
Wages and
salariesSocial
security costs
Contribution to defned contribution pension schemes
**202**
**2**
£
**328,694**
**9,907**
**32,676**
**371,277**|**Tota**
**l**
**fund**
**s**
**202**
**2**
£
**2,500**
**1,904**
**4,404**|
|---|---|
||_Total_
_funds_
_2021_
£
_2,112_
_1,162_
_3,274_|
||_202_
_1_
£
_256,557_
_9,347_
_29,591_|
||_295,495_|
## **11. Staff costs**
The average number of persons employed by the charity during the year was as follows:
|**2022**|_2021_|
|---|---|
|**29**|_31_|
The average headcount expressed as full-time equivalents was:
2022
2021
15
25
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **11. Staff costs (continued)**
No employee received remuneration amounting to more than £60,000 in either year.
During year ending 31 August 2021 the key management personnel received remuneration totalling
£73,292 (2021: £75,046) and pension contributions totalling £6,676 (2021: £12,257) were made on their behalf.
## **12. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2021_ - _£NIL)._
During the year ended 31 August 2022, no Trustee expenses have been incurred _(2021_ - _£NIL)._
## **13. Tangible fixed assets**
|**Cost or valuation**
At 1 September
2021 Additions
At 31 August 2022
**Depreciation**
At 1 September
2021 Charge for
the year
At 31 August 2022
**Net book value**
At 31 August 2022
_At 31 August 2021_|**Fixturesand**
**fttings**
**Ofce**
**equipmen**
**t**
**Total**
£
£
£
**35,891**
**4,166**
**40,057**
**317**
**317**|
|---|---|
||**36,208**
**4,166**
**40,374**|
||**26,792**
**3,707**
**30,499**
**2,886**
**182**
**3,068**|
||**29,678**
**3,889**
**33,567**|
||**6,530**
**277**
**6,807**|
||_9,099_
_459_
_9,558_|
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **14. Stocks**
||**2022**|_2021_|
|---|---|---|
||£|£|
|School Uniforms|**3,598**|_2,659_|
## **15. Debtors**
|Other debtors
Prepayments and accruedincome
**2022**
£
**1,948**
**890**
**2,838**|_2021_
£
_1,942_
_613_|
|---|---|
||_2,555_|
## **16. Creditors: Amounts falling due within one year**
|Trade creditors
Othertaxationand social security
Other creditors
Accruals and deferred income
**17.**
**Creditors: Amountsfallingdue after more than**
**one year**
Other loans
**2022**
£
**2,047**
**3,905**
**27,131**
**3,616**
**36,699**
**2022**
£
**2,326**|_2021_
£
_2,955_
_2,803_
_34,039_
_3,472_
_43,269_|
|---|---|
||_2021_
£
_28,533_|
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
## 18. Statement of funds
|Statement of funds- current year
Balance at 1
September
**2021**
£
Unrestricted funds
General Funds - child care
**75,496**
General Funds-training
~~**75,496**~~|Balance
at31
August
Incom
e
£
Expenditure
£
**202**
**2**
£
**448,494**
**(407,602)**
**116,388**
**147,243**
**(123,978)**
**23,265**|
|---|---|
||~~**595,737**~~
**(531,580)**
~~**139,653**~~|
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
## **18. Statement of funds (continued)**
**Statement of funds** - **prior year**
||_Balance_|||_Balance_|
|---|---|---|---|---|
||_at 1_|||_at31_|
||_September_|||_August_|
||_2020_|_Income_|_Expenditure_|_2021_|
||£|£|£|£|
|**Unrestricted funds**|||||
|General Funds-allfunds|_32,426_|_436,485_|_(393,415)_|_75,496_|
## **19. Analysis of net assets between funds**
**Analysis of net assets between funds** - **current year**
|**current year**
Tangible fxedassets
Currentassets
Creditorsduewithinoneyear
Creditorsdueinmorethanone
year
**Total**
Analysis of net assets between funds-prior
year
**Unrestricted**
**funds**
**2022**
£
6,807
171,871
(36,699)
(2,326)
139,653
_Unrestricted_
_funds_
_2021_
£
Tangible fxed assets
_9,558_
Currentassets
_137,740_
Creditors duewithin one year
_(43,269)_
Creditors dueinmorethanoneyear
_(28,533)_
_75,496_|**Total**
**funds**
**2022**
£
**6,807**
**171,87**
**1**
**(36,699)**
**(2,326)**
**139,65**
**3**
_Total_
_funds_
_2021_
£
_9,558_
_137,740_
_(43,269)_
_(28,533)_
_75,496_|**Total**
**funds**
**2022**
£
**6,807**
**171,87**
**1**
**(36,699)**
**(2,326)**
**139,65**
**3**
_Total_
_funds_
_2021_
£
_9,558_
_137,740_
_(43,269)_
_(28,533)_
_75,496_|
|---|---|---|
||||
||||
|||_75,496_|
**Total**
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
**20.** Reconciliation of net movement in funds to net cash flow from operating activities
|Net income for the year (as per Statement of Financial Activities)
**Adjustmentsfor:**
Depreciation chargesDecrease/
(increase)in stocksDecrease/
(increase)in debtors lncrease/
(decrease) in creditors
**Net cash provided by operating activities**|**2022**
£
**64,157**
**3,068**
**(939)**
**(283)**
**(5,921)**
**60,082**||_202_
_1_
£
_43,070_|
|---|---|---|---|
||||_4,708_
_2,118_
_4,956_
_4,550_|
||||_59,402_|
## **21. Analysis of cash and cash equivalents**
||**2022**|_2021_|
|---|---|---|
||£|£|
|Cash in hand|**165,435**|_132,526_|
**22.** Analysis of changes in net debt
|||**At1**||||
|---|---|---|---|---|---|
|||September
**At31**
**2021 Cash fows August2022**||||
|||£||£|£|
|Cash|at bank and in hand|**132,526**||**32,909**|**165,43**
**5**|
|Debt|due after 1 year|**(28,533)**||**26,207**|**(2,326)**|
|||**103,993**||**59,116**|**163,10**|
||||||**9**|
## **23. Pension commitments**
The Charity operates **a** defined contribution pension scheme. During the year the charity made pension contributions totalling £32,676 (2021: £29,591). No contributions were repayable at 31 August 2022(2021:
£3,895).
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **24. 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:
|Management fees
Rent
Donation|**202**
**2**
£
**37,998**
**27,000**
**26,061**
**91,059**|_202_
_1_
£
_26,000_
_18,000_|
|---|---|---|
|||_44,000_|
During the year Mother Teresa Catholic Academy Trust made a donation to St Joseph's Child Care Group of £50,000 (2021: £15,800).
## **25. Controlling party**
The charity is under the control of the trustees.