Trustees’ Annual Report for the period
From 02 September 2020 Period start date To September 2021 Period end date
01
Charity name: Bangor on Dee Childcare
Charity registration number: 1177422
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The purpose of the charity is to advance the education and development of pre school children. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Bangor on Dee Childcare aims to offer the children a safe, secure and happy environment where their individuality is respected and valued from a team of qualified and dedicated staff. We promote all areas of children's development through providing good quality early years education and work towards making children more independent in self care in preparation for the transition to Nursery and Reception classes. We seek to foster the children's natural curiosity and a love of learning through a range of stimulating activities and experiences. It is our aim to provide care and education of the highest quality that will enable all of our children to become successful learners, confident individuals, effective contributors and community members. We also aim to provide locally accessible, affordable pre school education to the public living within our local rural community and surrounding areas. We will remain at the heart of the local community and maintain excellent links with the local primary school where we are situated. We also welcome the admission of children with additional needs. We aim to make working at Bangor on Dee Childcare enjoyable and rewarding with fair opportunities for staff and further training and promotion. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference We are not a grant making charity. Para 1.38 Policy on grant making
N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Bangor on Dee Childcare is a thriving educational setting providing quality provision for children aged 2 - 4 years. Through the setting we offer Funded Early Education for 10 hours and The Childcare Offer for Wales. We deliver a child led curriculum which enriches the development of the ‘whole child’. We are based in the local school and our busy setting has helped increase the intake number into school. This has had a huge impact on school numbers. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Children have smooth transitions into the school setting. Children are entering school with many life long skills eg independence, resilience, ability to problem solve and work together as a team. Children’s speech and language skills are developed, as are their early number, reading and writing skills. |
| Para1.41 | We have taken part in local community events such as well as had raffles at Christmas. |
Performance of fundraising activities against objectives set Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity is still in a sustainable position at this point. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As a charity we as the committee of Bangor on Dee Childcare have reviewed the settings need for reserves in line with guidance issued by the Charity Commission. To ensure that our charity can operate during periods of lower income (for example lower occupancy levels or a source of funding not being renewed) To ensure money is reserved for unexpected events, redundancies or any emergencies. To provide an opportunity to reserve money for future projects, for example a new building. |
| Amount of reserves held | Para 1.22 | £7000 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/A |
| Additional information (optional) You may choose to include further statements where relevant about: |
||
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Early Education Funding Childcare Offer Funding Parent fees Fundraising Grants |
| A description of the principal risks facing the charity |
Para 1.46 | A principal risk that could face the charity is no suitable place for the charity to continue to operate. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | A constitution document |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustee’s are voted and sworn in at our charities AGM. Appointment of Charity Trustees (1) Apart from the first charity trustees, every trustee must be appointed [for a term of [three] years] by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO |
Additional information (optional)
You may choose to include further statements where relevant about:
| Relationship with any related parties |
Para 1.51 | Conflict of interests policy which governors the charity. |
| Other |
Reference and Administrative details
| Charity name | Bangor on Dee Childcare |
|---|---|
| Other name the charity uses | Bods Childcare |
| Registered charity number | 1177422 |
| Charity’s principal address | Bangor on Dee Childcare Ysgol Sant Dunawd Sandown Road Bangor on Dee LL13 0JA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Nam e of pers on (or body ) entitl ed to appo int trust ee (if any) |
|---|---|---|---|---|
| Nia Brophy | 3 Years | |||
| Cheryl Reeves | 3 Years | |||
| Emma Lee | 3 Years | |||
| 20 |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
----- Start of picture text -----
Signature(s)
Emma Lee
Full name(s) Nia Brophy
Position (eg Chair Secretary
Secretary, Chair, etc)
Date 15.12.21
15.12.21
----- End of picture text -----
Bangor on Dee Childcare
Profit and Loss Report
02 September, 2020 - 01 September, 2021
| Sales | Sales | |
|---|---|---|
| 0101 - Key worker Covid funding 960.75 |
||
| 0106 - Childcare offer payment 33,309.00 |
||
| 0107 - Early Education Payment 4,894.00 |
||
| 0110 - GRANTS RECEIVED 15,148.35 |
||
| 0111 - HMRC JOB RETENTION SCHEME 3,189.00 |
||
| 4010 - Sales - Services 41,570.25 |
||
| 4900 - Other income -21.02 |
||
| 9990 - Donation 45.42 |
||
| Total Sales | £99,095.75 | |
| Direct Expenses | ||
| 0102 - Staff Wages 29,832.41 |
||
| 0112 - money owed included in previous sales 40.25 |
||
| 5000 - Cost of Sales - Goods | 3.00 | |
| 5060 - Other Direct Expenses | 496.60 | |
| Total Direct Expenses | £30,372.26 | |
| GROSS PROFIT / LOSS | £68,723.49 | |
| Overheads | ||
| 0105 - Equipment purchases | 10,317.50 | |
| 0108 - Staff pension correct | 3,405.48 | |
| 6000 - Marketing | 151.20 | |
| 7000 - Employee Wages and Salaries | 48,643.29 | |
| 7100 - Rent | 10,854.00 | |
| 7520 - Office Stationery | 26.74 | |
24 May 2023 21:46
Page 1 of 2
| 7610 - Accountancy Fees 358.00 |
|
|---|---|
| 7620 - Consultancy & Professional Fees 600.00 |
|
| 7630 - Business Insurance 1,448.55 |
|
| 7810 - Cleaning 90.59 |
|
| 8200 - General Expenses 2,034.20 |
|
| 8210 - Subscriptions 809.84 |
|
| 8230 - Training Costs 311.60 |
|
| Total Overheads | £79,050.99 |
| NET PROFIT / LOSS | -£10,327.50 |
24 May 2023 21:46
Page 2 of 2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Bangor on Dee Childcare
On accounts for the year 01/09/21 Charity no 1177422 ended (if any) Set out on pages
1 – 2
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 01/09/2021.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: J Duffy Date: 24/11/21 Name: James Duffy Relevant professional ACCA qualification(s) or body (if any): Address: 74 Leicester Road Groby LE60DN
October 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Wages were entered in accounting software under 2 different headings, this should be under one heading for clarity purposes.
October 2018
2
IER