## ## ## |Objectiv|es and|Activ|itie|s||| |---|---|---|---|---|---|---| |||||SORP reference||| |Summary
the charity
governing|ofthe purposes
as set out in its
document||of|Para 1.17|Woodcote After School Club provides after-
school care for children. The sessions run from
3.1Spm-6pm (including
a light tea) and are for|| ||||||children aged 4-12 years old.|| |Summary
ofthe main
activities
in relation to those||||Pare 1.17and
1.19|Woodcote After School club continues to
benefit parents
and carers of children attending|| |purposes|for the public||||the school by offering high quality after school|| |benefit,
in|particular,|the|||childcare.
This service continues to allow|| |activities,|projects or|services|||working
parents to go to work confident that|| |identified|in the accounts.||||the children
will be well cared for in a familiar|| ||||||environment.
Being non-profit
allows us to|| ||||||ensure that fees remain reasonable
and|| ||||||therefore affordable.
We do take children
who|| ||||||are under social services and in this financial|| ||||||year 2 places were provided to such individuals.|| ||||||Operating
from the primary school continues to|| ||||||be a convenient
location for teachers to drop|| ||||||offat the end of the school day.|| |Statement|confirming|||Para 1.18|The trustees are aware ofthe guidance issued|| |whether
the trustees||have|||by the Charities Commission
with regards to|| |had regard to the guidance|||||Public Benefit and have taken it into account|| |issued by|the Charity||||when making decisions to which the guidance|is| |Commission
on public|||||relevant. i.e., any increases
in fee costs to|| |benefit|||||parents. No trustees take any benefit from the|| ||||||club.|| ## ## |inanci|al
Review||| |---|---|---|---| |Review|ofthe charity's|Para 1.21|After a turbulent
year, the financial
position
is| |financial|position at the end||stable.| |ofthe period|||| ||||We finished the 2020/21 tax year with k7 758 in
the bank, which is approximately f3Kless than| ||||the previous year. The losses caused by the| ||||impact ofCOVID (lower session numbers,| ||||additional
staff (to comply with the schools'| ||||requirements))
have been adsorbed
by our cash| ||||funds.| ||||During the financial year the club was open for 1| ||||term (Sept-Dec) lower session numbers
reduced| ||||the clubs income to 837,329by E8,880.The| ||||furlough
scheme and the school not charging
us| |reserves||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Details offund materially|in|Para|1.24|N/A||||||||| |deficit||||||||||||| |Explanation
ofany||Para|1.23|The|charities sustainability|||||is reliant of||the| |uncertainties
about the||||number||ofchildren|||attending
after school club.|||| |charity continuing
as a going||||Monitoring|||ofthis||with regards to the|||breakeven| |concern||||point will continue|||||going forward,||currently|| |||||booked||sessions||for the Autumn|||term|indicate| |||||that|the|club will||be running||profitably||until| |||||Christmas.||||||||| |Additional information
(optional)||||||||||||| |You ma
choose toinclude further statements|||where relevant about|||||||||| |The charity's
principal sources|offunds|||Para 1.47|N/A|||||||| |includin
an
fundraisin||||||||||||| |Investment
policy and objectivesincluding
any|||||N/A|||||||| |social investment
olic
ado ted||||Para 1.45||||||||| |A description ofthe principal risks facing the||||Para 1.45|N/A|||||||| |charit||||||||||||| |Other|||||N/A|||||||| |Structure,
Governance||and|Management|||||||||| |Description
ofcharity's||||||||||||| |trusts:||||||||||||| |Type of governing
document||Pars 1.25||Association|||- using||the approved||Pre-school|| |(trust deed, royal charter)||||learning||alliance governing||||document.||| |How is the charity||Para 1.25||CIO- Association||||Registered||08Jun 2015||| |constituted?||||||||||||| |Trustee selection
methods||Para 1.25||New|trustees are selected|||||at the|AGM|via a| |including
details ofany||||process||ofseconding from the current||||||group of| |constitutional
provisions e.g.||||trustees.||||||||| |election to post or name of||||||||||||| |any person or body entitled||||||||||||| |to appoint one or more||||||||||||| |trustees||||||||||||| |Additfonat information
(optionalj||||||||||||| |You ma
choose toinclude further statements|||where relevant
about:|||||||||| |Policies and procedures
adopted||||||||||||| |for the induction
and tmining of||Para|1.51|||||||||| |trustees||||||||||||| |The charity's
organisationel||||N/A||||||||| |structure
and any wider nelwork||||||||||||| |with which the charity works||||||||||||| |||Pere|1.51|||||||||| |Relationship
with any related||||N/A||||||||| |ariies||Pare|1.51|||||||||| |Other||||||||||||| ## |||||rent for when the club (and whole school) was| |---|---|---|---|---| |||||not open has helped the club remain viable.| |||||Furlough
payments
totalled f16,399.The rent
costs are the second largest cost atf3857.The| |||||'other costs' off1043are for the payroll, Ofsted| |||||and insurance costs which are fixed and payable| |||||irrespective of ifthe club is open or closed.| |Statement
explaining||the|Para 1.22|During the year the reserves were utilized to| |policy for holding reserves||||allow the club to continue to operate.
The| |stating
why they are||held||reserve value (i.e.3months
running
costs) were| |||||reviewed
during the period (see below).| |||||A thorough
review during this financial year of| |||||the liabilities,
using the employment
contracts| |||||and calculation of redundancy
costs ifthe club| |||||were required to close, identified
a significant| |||||shortfall
in funds (3long term members ofstaff| |||||had worked for the club greater than 15years).| |||||There was no evidence of funds required
for| |||||these liabilities
being 'ring fenced' by previous| |||||committees,
although
there were funds| |||||avaiiable
until 2-3years ago, when due to| |||||increasing
running
costs the reserves were used| |||||to keep the club open.| |Amount|ofreserves|held|Para 1.22|The treasurer
reached an agreement
with the| |||||primary school (from which premises are rented)| |||||that ifthe club had to close the final terms rent| |||||would be written
off.The committee
changed| |||||the parents agreement
to make it a requirement| |||||for parents to pay half termiy
in advance for the| |||||childcare provided
by the ASC.The committee| |||||also set up a review of booked sessions at the| |||||beginning
ofeach term to confirm that the| |||||breakeven
point had been reached. The| |||||committee
also agreed a plan in the event that| |||||the club was no longer breaking even, as to how| |||||to wind the club up over a3month period (a| |||||term), thereby
reducing the scale ofthe| |||||liabilities to be incurred. These have all been| |||||implemented
to breach the shortfall.
Going| |||||forward, the committee
have agreed that| |||||topping
up this fundis atop priority and profit| |||||from the sessions once the club is up and| |||||running
will be used to do this. With the goal| |||||that the funds are replenished
by the end ofthe| |||||next financial year 2022.| |Reasons for holding||zero|Para 1.22|N/A| |Charity's|principal|address|WOODCOTE PRIMARY SCHOOL| |---|---|---|---| ||||READING ROAD| ||||WOODCOTE| ||||READING| ||||RG8 OQY| ## |ofthe charity truste|es
who manage the ch|arity|| |---|---|---|---| |Trustee name|Office (ifany)|Dates acted if|Name ofperson| |||not for whole|(or body) enritled| |||year|to appoint| ||||trustee
ifan| |Michael Hammer|Chair (2019-)|Sept 2018-|| |Lit Gupta||Sept 2018-|| |Andrea
Finlay||Sept 2017-|| |Lisa Towers|Treasurer (2019-}|Sept 2017-|| |Janice Sharpe|Secretary (2019-)|Sept-2016-|| |Kate Davis||Sept 201S-|| ## Date 1£" tknbrf 202 zoll |O|CHARITY COIIhlLISSIO
FOR ENGlAND
AND WAlE|CHARITY COIIhlLISSIO
FOR ENGlAND
AND WAlE|CHARITY COIIhlLISSIO
FOR ENGlAND
AND WAlE|CHARITY COIIhlLISSIO
FOR ENGlAND
AND WAlE|||Receipts and payments|Receipts and payments|Receipts and payments|Receipts and payments|accounts|accounts||CC16a| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||For|the period|||To||||| ||||||||from|||||||| |~||||~|~|~||||||||| |||||||Unrestricted|||Restricted|Endowment||||| ||||||||funds||funds|funds||||| |||||||tothe|nearest|5|tothenearest5|to the nearest 2||to the|neamst5|lo the nearest'| |A1 Recel||||||||||||||| |Income from|Sessions||||||8,990||||||9,00O|37329| |Bank Interest|from|savings account||||||42||||||101| |Furlough
Payments|||||||10399|||||||| |||fom|rncome
AR)||||25~1|||||||37A30| |A2 Asset|and|investment||sales,||||||||||| |(seetable).||||||||||||||| |A3 Pa|nts|||||||||||||| |HR (wages,|taxes|and henefils)|||||22,970||||||22S70|32A95| |Food|||||||415||||||415|2,130| |Equlpmenusctlvlues||||||||01|||||01|395| |Rant|||||||3,957||||||3,057|0,100| |Other|||||||1,043|||||||4,955| ||||Sub total|||||||||||| |A4 Asset|and|investment||||||||||||| |urchases|see table|||||||||||||| ||||Sub total|||||||||||| |Net ofreceipted'(pay/sents)||||||||||||||| |AS Transfers||between|funds|||||||||||| |AS Cash funds last year||||end||||||||||| |Cash funds this|||year end||||||||||%755|| |~|||~||||~
~||~||~ ~|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|||Restricted||||Endowment|| ||Gatogoriou|||Details|||funds|||funds|||funds|| |||||||to|nearest R||to noorout 2||||to usslust|R| |Bt Cash|funds|||TI888UIOIO Acccuhl|||2,278|||||||| |||||BIAAccount||||||||||| ||||||Total cash funds||T,fas|||||||| |||||(SOISS88lsccss|wllh ISCSlpls scd psrISSO/s|||||||||| ||||||occcucl(s))|||||||||| |||||||Unrestricted|||Restricted||||Endowment|| ||||||||funds|||funds|||funds|| |||||Details||to|nosIost R||to uooroutR||||18uoarsst|R| |82 Other|monetary assets|||||||||||||| |||||Details||Fund lowhich
Ouuot boloo|||C|1i|e|1)|Current voluo
aal|| |83Investment||assets||||||||||||| |||||||Fund towhich|||||||Current value|| |||||Details||asset boloo|||||||0
8|| |B4 Assets retained for the||||||||||||||| |charity's|own|use||||||||||||| |||||||Fund towhich|||Amount duo||||When duo|| |||||Details||Huh|wluloo|||0|||8
ha|| |85Liabilities||||||||||||||| |Signed by one or lwo truoleoo on
behalf of all the trustees||||Signature|||Print|Name|||||Date of
royal|| ||||||||||||||tS ~zl|| |||||||H|(@el|/'l|yn||||e zI|| ## ## ##