Charlty number. 1125115 ST JOSEPH'S CHILD CARE GROUP UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
8T J08EPH'S CHILD CARE GROUP CONTENT8 Paga Rofer•nca and admlnhtrntlvo d•ts118 of tho chfftrfty. Its TrU•t8 and advl•er8 TN8te88' raport Independont •xamlnerf8 report 9-10 Statemont of flnan¢lal actlvltle• Balan •heot 12 Ststsmont of cash flow8 13 Not08 to the flmndal •tatemonl• 14-27
8T J08EPH? CHILD CE 13ROUP REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. rr8 TRUSTEES AND ADVISER8 FOR THE YEAR ENDED 31 AUGU8T2024 Trusts A McLaren. Chalr R Frfdge Charfty rngl•t•rod numbor 1126115 Prlnclpal ¢>ffice Brfdg• Road Jder8hot Hamp8hlre GU113DD Shaw Glbb8 (Audlt) Unthd Wey Court Wost Unlon R08d Famham Surroy GU9 7PT Bank•rn Uoyl8 T88 Bank pk Prye1
8T JO8EPH'S CHILD CARE GROUP TRUSTEE8' REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Th8 Trust808 preBent thelr annual report together wlih the financlal statements of St Joseph'8 Chlld Care Group (the tharfty) for the year ended 31 August 2024. The TN8tee8 confirni that the Annual report and flnanckl stalements of the tharfty cOmply1h thp rrent 8tatutrJry requlrements, the requlrements of the charltjls govamlng d0ment and the provlslon$ of the Ststement of Recommended Pract (SORP), applicabl8 to charltt8s pr8parlng thelr aGGounts In accordance wth the Flnanclal R8portIng Slandard appllc8ble In the UK arxl Republlc of Ireland (FR8 102) {effectfve 1 Janugry 2015). ObJoGtlve8 and acdvftla8 Poll98 and ObJethe8 The purpo88 of the tharlty18 Id8nllflad In our objects To provlde nece88ary faclllti88 for th? dauy cre, rerntbn end educatton of tho chlldren dwlNJ out of school hour8 and school hollday6', b. To provlde opporiunlU8s for play and edUtIon for children wh118t Involvlng paTents and carers; c. To advan( the educatlon and tralnlng of person$ In the prov181on of such ca. edu(zllon and recreallonal facllitleg. The charlty has once agaln ptsmiod well 8gaSn8t Its objecllves, the Ymrf( to Increa8e capaaty of our Breakta8t Club and Tea T(m• Club ojntlnues futher recagnltlon of our LK)mmlknent to education and the communlty. Th18 refiects the WO of the whole of St. Joseph'8 Chlld Care Group indudlng: St. J08eph's Nur8ery. SL J08eph's Pro School and St. J08eph'8 Tea Tlme Club. We alm to pde tha nece8saryfacIIos for parents to have hlgh quallty TAYap arDurKI chlld care. To engure that all pre 8chool puplls havo ae$S lo quallty chlld c8re. We alm to Improve the 8UPPOrt for parents and offer thelr chlldren a good stsrt to thelreducaion enabllng chlldren and parenls to have Increased Ilfe chances. In settlng Ihe charftys objectlves and actMUe8 the Tru8tae8 have glven careful con8ldeth. to tho Charlty Commbslon'8 general guldance on publlc benefft. The charfty offers hlgh quallty Ghlld (•re at an afftirdable prtce. The pubnc benafit from bolh th8 quallty and care, and as a nonprofft maklng organlsatton, Ihe affordability to parents. As a result, parpnts retum to work or thelr studl8s provkllng grealer Ilfe than(s forthelrfam11188. In addltlon, the CTSA has been provtdlng support and tralnlng to other schods, although It 8thtttes been greatly reduced SIn th8 d8m18e of the teacher Inlng a$p8( Its alms, IncludlNJ detd18 of the t88ugs It seek8 to tac*la and tho th8ng88 or dlfference8 It $8oks to mako through Its acllvltlé8; how the achlevement of Its alrn8 wfll further Sl8 legal purpo6e8; Its 8trategle8 ft)r 8th1ev5ng Its stated alms and obJecdves; the crfterfa OT measure8 tt use8 to 888es8 8ucce88 In the r8POrtlng perlod; and the slgnlflcant 8CtlvStl88 undertaken Ondudlng Its mein programmes, projects or serv1$ provldad). explalntng how Ihay ntrIbUte to the achlevement of Its ststed alms and oblectlves. In 86ttlng objectfves 8nd plannlng for athltles. Ihe Tru8t8es hav8 gfv8n due consfderation to gengral guldanca publish8d by the Chaffty Comml881on relallng to publlc benafi( Indudlng Iha guldanc8 'Publlc beneflt runnlng a charlty (PB2)'. b. Grant4Mklng pollcl08 The Object Of the charty r8fl8cts the prlorlty of support fw St. J06eph'8 8¢hool. Grants are m8de only to support SL Joseph Cathollc Prlm8ry Sth)ol and other entitles that benefit tho school. Page 2
srJo8EPW8 CHILD CARE GROUP TRUSTEES. REPORT {CONllNUED) FOR THE YEAR ENDED 31 AUGU8T 2024 hlovamants and perfornionco Perfornnce agalmt pr8vlou8 obJodJve& To contlnua to meet the objects of th8 Cherfty (Achlèved) To rnalntaln the lont8rm of the charlty thrnugh ttght Ilngndal post pandemlc (ACHIEVED) If Inspectsd get at least a 00D. gradlng (NOT INSPECTED) To 8lowly dose do¥m CT8A (ACHIEVED BUT STILL IN EXISTANCE) To bulld up r888N88 (ACHIEVED) Support SL Joseph'8 Sth)ol ffnancWly th an at loast £16,000 donallon In th• n8xtfln8ndal yaar.{ACHIEVED> Tho CTSA 8tlll gen8rale8 a emall amount of Incoma Ihough Its aotlvltles In supportlng 8th(xJ18. Th18 ha8 greatly reduced 8lnc we stopped the teacher tr81nlng 88pecL Wo wlll revlBw thls annually. It 81111 do88 genernle an Incom8 whlch could then be u8ed forlhe b8n8fft of tha CCG. Th$0 achlevements rneet our legal requlrèments and In 80 dolng we remaFn commltted to the educallon of (*tlldron. Our 8trategle8 tor 8chlevlng our objects center around the provhlon of hlghquallty tr8lnlng for our 8taff. Th18 en8ure8 hlUalY prov181on of our dellvory. To make Sure that thè sathng8 are financlally vlable. We uae tha Idtowlng crfteTla to measure 8UCCa88 of th0 80tUng6. 1. Foedba¢k from parnr l Feedback trom OFSTED 3. Reportlng from 8etttng managem8rt 4. 18 Ihe charfty flnandelly vlable. 5. Have we matntalnad a hlghlgvel of 8tafflng qu811fic8tlon8? P8g8 3
TRU8TEES' REpoirf (CONTINUED) FOR THEYEAR ENDED 31 AUGU8T2024 Financlal r•vlew Gothg concern After maklng approprfate enqulrbs. Ihe TnBte8s tove a reascYAbla oxwllon tt lh8 dHrlty ha8 adequate re8ourco8 to conttnuo tn operadonal exlstenca fty the foreseeable fulure. For thls reason, they contlnue to adopt th8 gotng concem basls In preparlng the finandal statements. Further detalls regardlng the adopuon of the goin9 corKxm be818 can be fwnd tn the accountlng pjlldos. b. R880m8 poll In Ilne the Chlld Care Graup re8erve8 poW, ts Chlld Care InterKJ8 ) bulld up a r880rve equivale to three monlhs qjeraffng L¥J8ts. TNS reserve would I be d. Ifraqulred to do 80.10 (%wer the sts associated wlth wirKling dthvn Ihe wTh49lon. The Charfty has h&1 8 s8 8Ixt? 15 In operallon. We hava 8UCte38fufy developed all setungs and they contlrwe In a 80und IlnarKIAI pogltbn desplte Ihe Impact of ts Pandemlc. Th Charfty Lx)nttnues to work In assodatlon vAth SL Joseph's SctKd lo prrts the use ofthls Communlty RTh)m. Tho 8ettlng8 contlnue to run IrKlopendenty on behalf of the Charfty. Thts has beon a v8ry challenging ygar a[n because of the current e(x)nomlc envtronment thkh18 8et to conknue fDr Ihe foreseeab fire. The Incluslon rf the CTSA for thls has had a poslove effecL Tr clwrlty has to chaHerying financlal crmdltiM& Tlght financKg1 t¥ntrol WUI nu8 to b8 our maln for the comlng >wr togthrwilh pr•paraOon for Iwgckn. PrfrKlpal fvndlrvJ There arg n(w three ncIpe1 I7r¥ 8r[c Foes IB the law lundlng 8¢xwce and18 pald tyl parents. Earty Years Fundlng Gran( th provld88 for 15 hours of free fvndlng to parents pld dlrefAty lo the s6tUng for thlklrnn aged 3+, an addluonal 15 h(xHs fundlng fOrk parents. TralnlNJ fees g8n8rated ty ts CTS There was a 8urplu$ for Iho of£107 8Th1, at th8 w end. the L*arfty hald total Te8erve8 of£116,118. There were no fund8 held tr rostrkted wrposo& The Cost arKI Lmry Qisls h88 al impacled wlth ra8p8(A to our after school provlslon. Thls * re¥th well lyjt It sllll repr88ent8 a slgnlficant evenL We h'ave 8 dear plan wlth r8g8rd8 to our Staff to pupH8' ratlo to ensur8 thet W6 aro finanadty viable over long temi. Trustses hava do8ely monltored Ihe financlal perfomw the Irthvklud stlngs to mlnlmlze any ii8k of failure. Golng forward the Irustee8 wlll adopt the 88me strategy, ID Insure that ttk9 vlity of the £elllng are alwaya con4d8r8d. An extemal OFSTED Inn WIEI vafidate thls fvrther. Page 4
STJOSEPH? cHD CARE GROUP TRU8TEEV REPORT (CONllNUED) FOR THE YEAR ENDED 31 AUGUST 2024 Consdlutlon st Jo86ph Chlld Care Group was rgglstered wlth ts Charfty Commlsslon on 22 July 2008, rt• numb8r 1125115. The (arity 13 &ed by Its consllth adopted on 7 May 2. The prfndpal obbcts of are: There have b88n no (ar¥Je8 In the objeckn 8lrK• th0188t rwt The menagament of tha drtty1& th• rp8pon&MIty of the Tnistso& TfU8teeg are appolnted by vlrtua of belng memb8rn of tho dwrlty or membern of St Jo8eph'8 AcadwW8 D1rert0r, Tr are oppolnted by membernhlp eleclon. Trustees arn recnrtted thrOh 8dvef1181ng wttNn the communlty 8rKI dloc•s8. Tharn Ihan have lo apply through OFSTED lo erffjure that all TN8tees are fft to rry ¢xrt the requlrermnts ofthe p08L On( approved the Chalr of Ihe Tr818 awlnted ty eledkffl. AU TnO8 rnc•fve Inth(Il¢x
8TJOSEPHS CHID CARE GROUP TRUSTEE8' REPORT (CONTINUED) FOR THE YEAR ENDED 31 fvIIGusf 2024 SINcturei goveman¢o and manayernnl (wrtlN•d) organtsa1laI •truGtsre and daclthn4Mklng pollclgs Tru8ftss- Appolnted Roglstared Person - Appolnfed by Tru8t888 Sotllng Manager. Appolnted by the Reglstwed PeT8on Declslon Maklng The Trusl88s hold the overatl re8pon8bllty for 81] the 88IUngs Indudlry ffnandal arranganerrts I Compllanc81 Healh and Safgty. All dewlonB relating to tha obiacts of the charfty arg th8 re3pon8lbKIty of Ihe drity. Th[8 also dudes approvlng polky and procedurB8. Th8 r8glstored pernon18 delogated all c¥Jnplknco regath to the Ctwdlth Stattts lor all the 8etUNJ& The 8ettlng managers are dOg8 811 the 'dayto resp Maws pay Is set through wfomm GyAe and benchrn8ed 8g81n8t th8 Industry 4erag88. Thls18 8190 ts se for staff at all IBls. The ctsrlty (mplleg wlth a118SP8cts of mlnlmum vrdge leglslaffon. Pwtlcular5: Appothtmont of Now Tntso8: Tru8tees: Three Truste88: AIL8on MciArnn {C1r), Rkwd FthJN Slepharfe D8w RogIster Person: Blll Jwnes S•tdng Managgrn: son O'shga {PS) Zuzana Davls IN) Jllllan CalTh* TC> Blll Jam6s (CTSA) Sal8rle$ for key management staff aro set ty th8 Trnt wllh the support of Flnance Officw. In a(wrdanc8 wlth the chaiitys Remuneralion Pdlcy and apwoved bythe Tnte8& Local and comparator8 are taken Into account. alonde 1ndldual r8srJoMbllty18vels and p6rfomMnce.
TRusfEEV REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 e. Trust$. Indemnltle8 In aIdance nomHI rnmm8rclal prth the tharlty ha8 purcfosed Srwrance to protect Trustees and offi(xrn from clalms arfslng from rent a(a* emx8 or omlsslons oc¢uTrfry whlEst on drffy Im1n8 The Insuranc8 provfdes a)ver up to £5m on any on• d8lm and tha c¥)st Lrfthls Insurance ts Induded In the tolal cost. Se8 Page 1 Plans for porAod8 To contlnuè to meet rfthe Clkgrty. To m8lntaln the Iwtsmi fukne of charlty thrryjgh Ilght ItrBndal cordrol ky)8t pandemlc. f Inspected get at le88t a Wotr 9Rd1. To end the SLA Iho schod regarthw Wng8 To lld up re8erve& Support SL jph,8 SrtKMI knncknlty ¥Ath an at leaa £51,CIXI donalkffl In Ihe nextfinandal ar.
8TJOSEPHE CHILD CARE GROUP TRU8TEES' REPORT{CONnNUED) FOR THE YEAR ENDED 31 AUGU8T 2024 81atemonl ofTnth' ro8pon81blllti The Trtee8 are r88ponslble for weparfng th8 TN8ts8¢ raport and tln•n¢knl 8tstem8nts In 8ccordanoe vAfh appllcable law arKI Untted Klngdom Actr)untlng Slandard8 (Llnlted Klngdom GeneTally Ac• Accnt9 Pra&k6). The law appllc4bl8 to charllleB In England & Wales requlre8 th• Trust888 to prepare flnanclel 8tatements for eath finandal whlth glve a true 8fKI falr vlew of the 8tato of aff8lr8 of th8 charlty and of Its Incomlng regource8 and appllGallon of r980urce8, Includlng Its Income and ejqJendlrO, for that perfod. In proparlng tIMe ffnanclal 8tatements, the TruBtg08 are requlred t eelect 8ultsbl8 accounllng polkl88 and applythem QDn8f8t8nty, ob8erve the melhod8 and prtnctpl89 of th• Ch8rld88 SORP (FRS 102>; make Judgment8 and accountlrvJ &8tlmqtfr8 are rea80n8ble and prudent; State whether appllcgbl8 UK Acix)untlng Standards (FRS 102) have been follo*d. 8ubJ8ct to any materIal dgparturg8 d18¢1osed and explalned In th8 flnanclal Btatements; preparn the flnanclal 8tatements on the golng conc8m ba818 unle88 tt18 Inapproprlate to pre8ume that the ch8rltywlll contlnue In bu81no88. Tho Truth8 are r88pon81blo for kng adequate accounthw racord8 that arg 8uffid8nt10 8how and explaln tho ch8rftyI8 tran8aGUon8 and d18do68 FArfth rna8onable accuraoy at any tlm8 Ihe ffnanclal p081tE¢n of the oharlty and enable them to en8ur8 that the ftnanclal 8tatgrnents compty wlth Ihe Charftle8 Act 2011, the Ch8rity (Ac¢oun18 and Report8) RegulaUon8 2008 and the prov181ons of thg Tru8t deed. They are 8180 re8pon81ble for 8afegu8rdlng the a888ts of the tharfty and hen¢8 for tsklng re880nabl8 Step8 for tho pr8vonUon and detecllon of fraud a1 other IrrggularltJe8. roved by ¢Jrd8r of the m6mber8 of tho board of Tru8tee8 and 81gned on Ih8lr bohalf ty. A McLaren (Chalr of Trusto08) "" Ic2S pe8
ST JOSEpif8 CHILD CARE f3ROUP INDEPENDENT EXAMWEifs REPORT FOR THE YEAR ENDED 31 AUGU8T 2024 Indepondontwmlnofs rawtto tho TnNtees of * JoMph Chlld Caro Group fth• ¢harlV) I repurt lo the ctharfty Tnfyte86 my ey2mlrdlon ofts ac¥>xuts (a thg 1• ts the yw WKled 31 Au 2024. Re8pon6th1111108 and bath rpport requlrements of the Ctwttk8 Art 2011 (Ihe 2011 Arf l In rew of my exarnir•kn ofts (kn1rf8 acc¥)uth carrled (Mjt urr 8ecthn 145 ofthe 2011 Act and In carfylng out my examlnatton I love fomchved the appffcable Dlrecthns glv8n by the Charlty Corrdnl8slon under Section 145(5Xb) 2011 A( Indepondont •xamln•f8 Statement Slnce tha thatW8 gross Ina)me exceeded £250,QOO your axamlner mugt be a member of a bLxly li6tsd In 8ectlon 145 of the 2011 A¢L I ¢4fim7 that l am quthd to urmlartakn the examlnallon bec8use l a member of ICAEW. whlch18 one of the118ted b(xfia& Your attentton18 dravm to the faca tht the cFArity has prep8r8d lh8 acoxttts In 8Éxx>TdaTh wlth Ac¢ountlng and Reporttng by Charftles: &atement of RecMnBd Practlc8 applksble to chathles preparfno thelr accounts In aiwrdance wllh ts FIna1 RepoTUng Skndard appllcable In the UK and Republlc of Ireland (FRS 102) In prBference to the Accountlng and Reporung by CtArMes: Statement of Rettxnmed PMctlce138ued on 1 Aprfl 2005 Is referred to In Ihe extant regkn but h&8 been wlthdrw4nL l understand Ihat thls has b In erder affits to a true fakvlew In accorkn wlth accountkng re(rdS In regpect ofthe L*aTty as reqLthed ty 28ction 130 ofts 2011 Art or the accounts do not arxxKrl Ilme recuds: or the acc(xJnt8 do not comptyvAth Ihe appltcable wulr8ments concernlng the form contant of actounts 8et out In the CharTbes (AC1ts and Raports) Regulatiorffj 2008 Other trAn any rgqulrernenl that the accounts glvo a and fav Is rH>t a rnattw sIded 88 part of an Ind8pendent ex8mlnallorL I have rKJ concams 8nd hwe come across no (th8r rnatters in connectlon WSU) th8 examlnafjon to whlch attenljon shoukl be drawn In thls report In order to enable a proper LThlerst8nolru of lh8 accounts to be reached.
ST JOSEpTrf8 CHILD CARE QROUP INDEPENDEMf ExAlNElys REPORT (CONTINUED) FOR THE YEIR ENDED 31 AIGUST2024 Thls report h made solely to the charws Tnth, 88 a body, In acfx)rdanc* wllh Part 4 the Charlties {Ac¥J)unts and Reports) Regulafjw 2Tr)8. My work has been urmlertaken 80 that I mtght State to the charws Trust those matters l am raquIr1 to state to ttwn In an Irent exarninots report and forno othw purpose. To the fuUe8t extent pernthd by law. I do not awt assume rn8pwblllty io anyone 0th8r than Ihe th8rlty and lh8 ¢harity8 Trustees a8 a body. for mywork fOr Ihls rewL srd. ma Dlc Shaw Glbtrffj {Awlt) Umlted Wey Court We81 Unlon Road Famharn Surrey GU9 7Fr 26 Jun 2(r25 Pffje 10
srATEMEiif OF FINANCIAL ACTIVITIES FOR THEYEAR ENDED 31 AUGU3T2024 Unrestrfctad Totsl funds Tolal fund8 2023 Incomg from: Donallons and legaclas Charitable advltses Other Inrne 50 531.338 12.020 559,637 15202 15302 Total Incomo 574A39 543,408 Charftsble actfvitle8 577.242 Total Oxpendlture 577,242 Not MoVnt In fun 10297 10397 (33,834) RKonclllatlon of funds: Tolal fund8 brht forwwd Net mmmerrt In funds los19 10397 105019 10397 139,653 (33,834) 116,116 111116 105,819 The rntes on pages 14 kn 27 form part rftr8 financaal 8t&temorts.
ST JOSEPH% CHILD CARE GROUP BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Flxgd assets Tangible a88ets 13 3.331 3,331 CuThent a886ts Stocks D8btor8 Cash at bank arKI In hand 14 15 3,502 1.196 110,562 133,518 139,020 114.840 Credftor8." amounts falllng due wthtn one (23,533) (12,352) Not curront ats 114487 102.488 Total a¥t818 currenl IlablllU¢s 104819 Total net a880ts 116.116 105.819 ChaTIty funds Restricted fund8 Unre8trktod frJnd8 18 18 105.819 Total fund8 116.116 104819 Tho fin8nclal slatsmnts were approved and Aulhorf9ed for Issue by the Tru8tee8 and slgned on thelr b8haf by: A McLaren (Chalr of Tru8toe8) Dalo: 25+K 202S The notes on pages 14 to 27 f(Thi part of th880 fln8nc1818taternents. P8g8 12
ST JOSEn CHILD CARE GROUP STATEMEKf OF CASH FLOWS 2024 2023 Net used In r4)eYaUng acll¥lU86 (54,873) Nat W6h provld¢d by Investlng actlvlll88 Cash Ilows from flnanclng 4th11108 Not GaBh provlded by flnanclng acll Change In cash and ea#h •qulval•nt8 In th• y•or C88h cash 8jIvents at Ihe baglnrth of tr* <54873) 16&435 110,562 Cash and c88h •qulvalants at the end of thfr ygar 21 I3318 f10,662 The notes on page8 14 to 27 fm part ofltro8e fln•thl statem Page 13
8T J08EPH% CHILD CARE GROUP NOTE8 TO THE FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 31 AUGUST 20 St Joseph Chlld Care Group18 a reg16tered Ch8rlty. charty number 1125115. The charfty18 governod by Its con8tKutlon 8dopted on 7 May 2008. Its reg18ter8d olNc& J8 Brldge Rood, Aldarsho( Hgmp8hlr8. (3U11 3DD. Ao¢ountlng pollcl•8 11 Ba818 of proparatlon otflnanclal 8tatoment8 Th8 flnanclal Statements have be8n prepared In aC%Ordan wfth the Charttle8 SORP IFRS 102) - Accounttng and Reportlng by ChaTltte8: Statemant of Recommended Pracllce appllcablg to charltl68 preparlng thelr a(xounts In a1rdance wtth the Flnanctal Reportlng Standard appllc8ble In th8 UK and Republlc of Ireland (FRS 102) (affecfjve 1 January 2015), th8 Flnandal Reportlng Standard applFcable In the UK and R8publlc of IrolarKI {FRS 102) and the Chadlles Ad 2011. The finandal 81atoments be8n weparad to glve a IruB and falrf v16w and have d•part8d from the Charltl88 (AUnts and Reports) Regulalon8 2008 only to the extent requlred to provlde a and f81f vlew. Th18 departure has Involved followlng the Charttlas SORP (FRS 102) publlbhed on 18 July 2014 rather than Ihe Aco)untlng and Reportlng by Charltlo8: Statement of Recommended Practloe effethe from 1 Aprfl 21x15 whl¢h ha8 81nce b8on wtthdrnwn. St Jo88ph'B Chlld Carn 13roup meets the deflnltton of a publk benafft entlty under FRS lir2. A88éts end Uabllltle8 are InM8lJy recogn188d at h18torlcal cojt or trarwactlon value unl888 0th8rw18e 8tatsd In th6 Yelevant anng pollw. 22 Golng oono•m The Tru81888 con8lder Ihat thern ar• no materlal urMXrtalntta8 about the tharftY$ ablllty to (>3nUnue a8 a golng eoncom. 2J Incom• All Incfjm818 rn(wnl8ed 1ce tho tharlty hag enttuofflent to the Inoame. It18 pmbable that tha Incom8 wlll ba reL%fved and Ihe amount of Incom8 re(¥lvth be measuréd rellably. Wher8 the donaied gcod 18 a ffxed 888et, It 18 measured at falr val, unl888 It18 Impraotlcal to Meare th18 re118bly, In whl¢h (288 the cost of the Itom lo the donor 6hould be u8ed. The 981n 18 recogn188d 88 Inrne from donatbn8 and a CA)ne8pdIng amount 18 Includad In th8 approprlate fixed assel cla88 and deprncialgd over the u$ofv1 economlc lffe In a¢xordanc8 wlth the charFty8 countlng pollcle8. On recelpt donated prof8881onal 8ervlc88 and f8dllde8 are rerxJgn18ed on the ba818 of the value of the glft lo the charlty whlth Is Ihe amount tt would have b88n wtlllng to Pay to oblaln servlces or f8dlK]es of equlval8nt 8conomlc beneflt on the open market a coffe8w)dlng amount Is thorb racogn188d In expandlture In tho perlod of reclpl. Other Incomo IB recognl8ed In th8 pgrlod In whlch It18 reLYlvable and to the exlent tho goods have bean provlded or on coM8110n ol the 8er4lee. P8g8 14
STJO8EPHS CHIUJ CARE GROUP
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 AUGU8T2024
untlng poHcl•8 (contlnued)
EXp&rre Is re(x)gnl8ed an( Ihere ts a legal or (StrUctIve obllgation to transfer econornlc benefft
to a thi paty. It18 pmbth that 8 tran of econ(¥nk ben8fft8 b8 requirBd In settlemgnt and
the anI of the obllgakn wi be nwasured relkbly. Expendliure18 classtfied ty actlvlty. The costs
of e8¢h athvlty are made of the total of dtrect ¢ts and 8hared (x)sts, Indudlng 8UPPOrt costs
invo In undertskkng eath athty. Dlre( Lxth attsfbutable to a 81nts acfvlty are allocated dlrecty
to trHt a¢livlty. Shared o)8ts o)ntskn to more than on8 aCty and support costs whlth are
n¢A altrlbuiable to a 81ngle aclmty are aPpled betn those acUvttkn8 on a baslB nsIStenI wllh
charges allocled on ihe pttOn of ts as8ef8 use.
ExpTe on th8rftsble acUv11185 IB Inrred on dlrécty underj thè aClfvttS whlch fvrther the
charlV8 oblethes, as ?1] as any aBs
ST J08EPH'8 CHILD CARE GROUP NOTES TO THE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2024 A¢counthig pollclos (¢ontlnued) 19 Cash al bank and In hand Cash at bank and In harKI Include8 cash and 8hort4erni hlghly Ilquld Investrnents wlth a 8hort maturlty of three months or le8s from th8 date of acqulsltton or op8nlng of tha depostt or 81rnllaraccounL 2.10 Llablllt108 and prov181ons Uablllues ero recogn18ed when therg [8 an obllgallon at the Balance St8t date as a result of 8 p88t even( It Is prob8bl8 that a transfer of benefit wlll b8 requlred h 8e1t1emw and the arnount of the settlement can be e8ttmated lIably. LlabllMle8 are recognl88d at the amount thal Ihe cEwrlty antlcTpat88 It 11 pay to 8ettle tho debt or the amount It has r8celv8d a8 advanced paymant8 for tho goods or 8er¥lcgs It rnU81 provldg. Provislons are measured at the best 88tlmate of the amounts requlrnd to 8etdg the obllgatton. Where the effect of the Ilme value of mon8y1s malerlal, the provlslon18 based on Ihe pre8ent value of those aThoun18. dlscounted at the pre-tax dlsGounl rate that rnflacts the rfsks spedftc to Ihe Itablllty. The umvlndlng of th• d18Munt18 rerngnlsed in the Sfatem8nt of flnandal actlvlUe$ 88 a financ8 cosL 111 Pon8lon8 The thqrity operates a deflned o)ntrlbutlon p8n81on scheme and th6 pen81on thargg reprn8errt8 the amounts payable by the charfty to the fund In respeci of Iho year. 2.12 Fund accounlln9 Gonerai funds are unre8CEed fvnds th are av8llabl8 for u8e at Ihe d18¢rotlon of the Tru8tee8 In further8nca of the general obJecflve3 of tho charliy and whlth havo not been dAgnated for other purposes. Page 16
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGU8T2024 Tolal fund8 fun( Totsl funds 2023 2023 Donations Unrestrlcted fund8 2024 funds 2024 302.8(6 302,806 255,844 255,844 987 Furthg Tralnlng Total 2024 559,637 559,637 Total fund8 2023 ndg 2023 FurKIiTVJ Tralnlng 209.612 57.637 209,612 57.837 Tolal 2023 531,338 531,338 Pap 17
ST JOSEPHE CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AU(aJST 2024 Total fund8 2024 funds 2024 15.134 18 Bank Internst 11134 18 15,202 14202 fimds 2023 2023 Unlknn Sde9 11.500 11,500 20 Olher IncomlNJ re8OU 12,LY20 11020 Summary by fund typ• Unre8trtthd fund8 2024 Total 2024 Chafftable actMts8. ¢hM care Ch8rltabl8 adlvlUes- tralrthg 584.768 584768 (226) Pagfr 18
8T J08EPH'8 CHILD CARE GROUP NOTE8 TO THE FINANCIAL 8TATEPAENT8 FOR THE YEAR ENDED 31 AUGUST 2024 Analy•l4 ol w)endltsro on eharllabl• actMU88 Iconllnued) 8ummary by fund typo (conllnuod) fund8 2023 Tot81 2023 Charftable acttvlde8- eId oarn Ch8rlt8bl8 actfvlll88- tralnlrwd 499.622 77.720 499,522 77.720 677.242 5r/.242 Anatyg18 of •xp•ndlturo by actlvlllo• A¢dvltle8 undertaken dlrectly 2024 8upport Total nd8 2024 2024 Charltable acaivllleB- chlld car• Charltablè acUvlU08- tratnlng 659,428 (22e) 6,340 561788 (226) 559,202 S.340 564.642 Aedvftle8 undertaken dlrnclly 2023 Support Total fvnd8 2023 2023 Charltable aco¥1tt- chlld care Charltable athttle8- tralnlng 495.794 77, 720 3,728 499.522 7T.720 573,514 8,728 577.242 Paga 19
8TJOSEPHE CHILD CARE GROUP NOTES TO THE FINANCWL 8TATEMENTS FOR ThE YEAR ENDED 31 AUGU8T2024 Ana1$ ol •xpandllure ty acilth (eontlnuod) Analy•lo of dlrnct Gog18 Total fund8 2024 Chlld car 2024 Tralnlng 2024 Staff co8t8 SupplleB In8uran¢e Rent Tralnlng 399,174 10,382 2,016 30,000 399,174 10,382 2,018 30,000 618 (878) 45.000 5,078 870 4.124 Legal and Profe8•lonal Fees Repalr8 arrfl Malnten8nc• Sundry Exper* Deprgclakn Donallon8 Unlfomi C08ts Advertlslng 5.078 870 4179 2,702 51.000 7.811 65 51.000 7.611 179 {226) 559,202
ST JOSEpTrf8 CHILD CARE GROUP NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 fvJJGUST 2024 Total 2023 2023 2023 345,374 374,202 8,710 17,044 1.516 1. 700 27,000 10.000 37,000 4758 ¢393 10,15t 000 20. 44000 4141 1925 2,168 I,Lf27 (124) 3,476 6Z611 11.137 24 Supplle8 Insuran(• R8nl Tralnlng Repalrs and Maknterw 1168 1,027 (124) 3.4T6 61611 11,137 1,056 Loan Inter88t Donalions rtlslrvJ 1.056 494794 573,5Y4 Donatlon8 2023 ,000 54440 6,171 st Jo88phb Cathth CIHKth 61.000 62611 Tho lrKIepd examlnets rnm1watlm amowts to an kndep6nd&tt examln8r fee ofQ770 (2023. £1710). Pw21
ST JOSEPH'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10. Governance Costs Unre8tr1cted funds 2024 Total funds 2024 Independant examin6tts remuneratir>n Ac¢ountancy fees 2.770 2.570 2,TlO 1570 5,340 Unr8sti7ded funds 2023 Total fvnds 2023 Independant examlnefs r8muner8tion Accountancy fees 2,710 1,018 2,710 1,078 3. 728 3, 728 11. Staff costs 2024 2023 Wages and salaries Social serity costs Contribution to defined contr5bution pension schemes 342,350 18,158 38.666 330,981 14.019 29,202 399,174 374,202 The average number of persons empbyed by the charlty durfng the year was as fdlows: 2024 2023 23 25 The average headcount expr6ssed as full-time equN8lents was: 2024 2023 15 16 Page 22
ST JOSEPH'S CHILD CARE GROUP NOTES TO THE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2024 11. Staff coots (eontlnued) No employag recelved remunerthn 8mountlng to more than £60,000 In 8lttw ar. Durfng year endjng 31 August 2024 thg key management p8r80nn81 r8celved remunarallon totalllng £93.407 (2023: £96.793) and pen81on contrfbullons tolalllng £15,861 (2022: £14A37) were made on thelr behalf. 11 Tru6t8M' remunerallon and expen8 Durlng the no Truskes recelved any rgmuneraflon or olher benefft8 (2023- £NIL). Durlng the yw end&1 31 August 21r24. no Trustee expenses havo be Incuffed f2023- £NIL). 13. TangIb fixed asgats FlxiureB and fittlngs 4ulpmont Total Cost or valuatlon At 1 September 2023 4166 40,374 At 31 AUgt 2024 34208 4.166 40.374 Deprnclatlon At 1 September2023 char for the year 4071 95 37,043 2.702 4607 At 31 August 2024 34579 4166 39,745 Not bk valu6 At 31 AUg(t 2024 Al 31 August 21723 3.236 3.331
sr J08EMfs CHILD CE GROUP NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEPJI ENDEO 31 AUGU8T 2024 14. 8toGk• 2023 Sthod Unw 1602 3.082 1& Debtorn 2023 Olher debtorn 1. 196 1000 1,196 18. Cr•dltorn: tlIng du• vrtthln on• year 2023 Trade (xYdltor8 6,773 0,8•7 7.093 276 2,823 5,588 Other crndltor8 IZ352 17. Prlor yaar adJu•trnw It wa8 klgntified that In the ended 31 Augu3t 2023. expwrfthre trd not been approprtstety 8rAIt b8tsYeen the actlvlUeL A y8ar adJu8trnent hA8 b8en mad8 to move £45,508 of eXndItr& to the tralnlng athlty trom th& chlkl re acfjvty. Thig h88 rgdutéd the funds browm fornrd at 1 September 2023 for the tralntry from £48.048 to Q538. Page 24
sr JOSEpifs CHILD CARE GROUP NOTES TO THE FINANCIAL 8TATEIqENTS FOR THE YEAR EIIDED 31 AUGUST 2024 la. statemt of funds Balanc• at I Balancfr al 31 Augu81 2024 Incomo Expendltur¢ Unr8slrf¢ted fuThls Genernl Fund8- thlld cwe Goneral Furn18. tralnl 101281 573.852 {564768 226 111365 3,751 105119 FI4839 (58VJ42) 116.118 Bal8nc at I Saptomber Balance at As rathed 31 Augusl 2023 Unre8trlctod funds Genwal Funds. Cl carB 11&388 484771 23.265 .637 (498,878) (78.364) 103,281 2,$38 139.653 544408 (577.242) 104819 19. fvndo 2024 funds 2024 Tanglble faed a88 Current a$sets Credltor8 wlthln orJ yoar 139.020 <23,533) 139.020 (24533> 116.116 116,116 Page 25
srJosEPH? CHILD CARE GROUP NOTE8 TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 fvIIGU8T 2024 Total funds 2ff23 2023 Tanglble ffxed as8* Current a88ets Credltors due thln one > 4331 114840 (12.352) 3,331 114.840 (1Z352) Total 104819 105.819 2023 Net kKom8lexperKlllure for th8 (as pw Staterrnrt of Fthand Acfvlt188) 10297 (33,834) AdJu8tsnonts for. Depr8datkn char DecreaselOncreftse} In stoc Decreas(IncreaBe) In debtOf8 Ir4xeas&l{decrease) in credlhxs 1702 {420) (804) 10MS1 3.476 516 1.642 (26,673) 24432 (54.873J Amlysls of 8h and oqulval•nt8 C88h In h8r 134518 110,562
ST JOSEPTrrn CHUI CPAE GROUP NOTES TO THE FINIIICIAL STATEMEPfft8 FOR THE YEAR ENDED 31 AUGUST 2024 21 Analy81s of changes kn not d At31 Cash at tk and In hand 133.518 110,$62 13151a £38,666 (2023: £28.495). £7,093 were pw8bl8 at 31 Augu 2024 (2023: £nU) The Charlty has Trustee8 in e1xnM wth Mother Tere8a catIM AcademyTrust (st Joseph Acad8rnyh Durlng the y8or. St Jos8th's Clthl Care Gfw) mad8 ts fdlqmlw pats to St Josepws Acaderny. 2023 Management feas 000 30.000 51.000 37,000 56.440 1210110 139,140 Controlllng paty