## **Trustees’ Annual Report for the period** **From Period start date 1[st] April 2021 To Period end date 31[st] March 2022** ## **Charity name: Penycae Childcare** ## **Charity registration number: 1179295** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide not-for-profit, affordable,**
**high quality childcare for the parents**
**and carers of children of Penycae, aged**
**2– under 12.**| |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|**Playgroup 8.50 – 11.20am, which**
**provides Early Entitlement and is**
**available free for parents/carers in**
**receipt of the 30 hour entitlement.**
**Nursery+ 11.20am – 3pm, again**
**available for those entitled to the 30**
**hour offer.**
**After School club 3pm – 5pm**
**For those not entitled to the 30 hour or**
**early entitlement fees can be paid for**
**our services.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**We provide benefit to our community.**
**To this end we monitor our numbers**
**and our fees, to ensure that we provide**
**an affordable good quality service. We**
**are looking at how we can expand our**
**activities to further benefit the**
**community.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| ||SORP reference|| |Policy on grant making|Para 1.38|**We do not issue grants.**| |Policy on social investment
including program related
investment|Para 1.38|**N/A**| |Contribution made by
volunteers|Para 1.38|**All trustees are volunteers so attending**
**meetings is voluntary.**
**Staff appointments**
**Processes of self-evaluation**| **Gifts in kind and donations** 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|**The charity has consolidated its**
**previous work. The beginning of this**
**period saw us just re-opening after the**
**second lockdown. Since then, numbers**
**have grown and we have looked at**
**improving the quality of our provision.**
**This has involved staff training and the**
**purchase of new equipment. Our**
**increased numbers mean that more of**
**the community are benefiting from the**
**quality of service we offer and the**
**opportunity this brings for parents and**
**carers to obtain employment and/or**
**attend further education. As a result,**
**we decided to increase our registered**
**number from 19 to 40. As a result, in**
**the summer of 2022 we will have to run**
**with a “super-numery” manager, that is,**
**a manager who does not count in the**
**child/adult ratio. Staff training has**
**enabled us to improve the standard of**
**our service in terms of the educational**
**value of the care we offer. We could l**
**be in a position to provide holiday care**
**in the summer of 2022.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|**We are now in a position to consider**
**holiday care. We have not yet**
**lengthened our day to provide care up**
**to 6pm.**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|**No fund raising activities took place in**
**this reporting period.**| |Investment performance
against objectives|Para 1.41|**N/A**| |||| Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Following the second long-term**
**lockdown, we had just got ourselves**
**onto a firmer financial footing and have**
**built on our previous achievements.**
**Fees and income for providing Early**
**Entitlement and the 30-hour entitlement**
**have made the our financial position**
**really sound. We generated sufficient**
**profit to be able to think about**
**increasing our staffing, to accommodate**
**an increase in our registered number of**
**children.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**If we carry forward any money, we look**
**to spend it on improving our service (eg**
**the plan to increase our staff, or**
**purchase of more resources. We will**
**then look at improving the pay and**
**conditions of our staff and freezing our**
**fees. We also need to have a “cushion”**
**to see us through the autumn term when**
**numbers are much lower.**| |Amount of reserves held|Para 1.22|**None**| |Reasons for holding zero
reserves|Para 1.22|**For the reasons above.**| |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|**There are no concerns at present.**
**Penycae Childcare is financially sound**
**and flourishing.**| ## **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|**Fees**
**30-hour childcare**
**Early Entitlement**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**| |A description of the principal
risks facing the charity|Para 1.46|**The main risk would be loss of voluntary**
**support from eg Trustees**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**| |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|**Volunteers will be invited to attend the**
**trustees’ annual general meeting.**
**The current trustees can appoint any**
**additional volunteers suggested at the**
**AGM, subject to DBS clearance.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**Not yet reviewed**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**Chair, secretary, treasurer, and other**
**trustee. We work with Early Years**
**Wales, the Care Inspectorate for Wales,**
**the Wrexham Family Information Service**
**and the Wrexham Early Years Team.**| |Relationship with any
related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Penycae Childcare| |---|---| |Other name the charity uses|| |Registered charity number|1179295| |Charity’s principal address|Ysgol Penycae
Copperas Hill
Penycae
Wrexham
LL14 2SD| ||| ## **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
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Tracey Scourfield|Chair||| ||Nia Hawkes|Secretary||| ||Tim Newbould|Treasurer||| ||Serena Hughes|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name None** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year **|| |---|---|---| |**None**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Timothy Newbould|| ||
Treasurer|| ||22ndDecember 2022|| ||22ndDecember 2022|| **Penycae Childcare No (if any) Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 1.4.2021 31.3.2022 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**18,209.00**
**8,056.00**
11,055.00
**32,230.00**
**0.00**
**0.00**
**156.66**
**0.00**
**69,707**
**-**
**-**
**-**
**69,707**
**38,756.00**
**18.00**
**7,575.00**
**801.00**
**797.00**
**662.00**
**75.00**
**4,364.00**
**239.00**
**53,287**
**-**
**-**
**-**
**53,287**
**16,420**
**-**
**16,420**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**18,209**
**8,056**
**11,055**
**32,230**
**-**
**-**
**157**
**-**
**69,707**
**-**
**-**
**-**
**69,707**
**38,756**
**18**
**7,575**
**801**
**797**
**662**
**75**
**4,364**
**239**
**53,287**
**-**
**-**
**-**
**53,287**
**16,420**|**Total funds**
**to the nearest £**
**18,209**
**8,056**
**11,055**
**32,230**
**-**
**-**
**157**
**-**
**69,707**
**-**
**-**
**-**
**69,707**
**38,756**
**18**
**7,575**
**801**
**797**
**662**
**75**
**4,364**
**239**
**53,287**
**-**
**-**
**-**
**53,287**
**16,420**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Fees|**18,209.00**|||||**8,454**| |Grant|**8,056.00**|||||**18,496**| |EE|11,055.00|||||**3,800**| |Chilcare Offer|**32,230.00**|||||**7,742**| |Fundraiaing|**0.00**|||||**-**| |Additional Fundingfrom Authority|**0.00**|||||**2,140**| |Uncleared cheques|**156.66**|||||**155**| ||**0.00**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**69,707**|||||**40,787**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**
|||||**-**| |~~**_Sub total_**~~|**-**|||||**-**| |**_Total receipts_ **
**A3 Payments**||||||| |||||||**40,787**| |||||||| |Payroll|**38,756.00**|||||**30,660**| |Bank Charges|**18.00**|||||**-**| |Rent,Admin Costs,Snacks|**7,575.00**|||||**2,113**| |Insurance,training,medicals etc|**801.00**|||||**89**| |Pension(NEST)|**797.00**|||||**452**| |SupplyCover|**662.00**|||||**1,194**| |Audit|**75.00**|||||**100**| |Goods Purchased|**4,364.00**|||||**-**| |Misc|**239.00**|||||**-**| |**_Sub total_ **|**53,287**|||||**34,608**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**34,608**| |||||||| ||**16,420**|**-**|**-**|**16,420**||**-**| ||**-**|**-**|**-**|**-**||**-**| |||**-**|**-**|**-**||**2,920**| ||**16,420**|**-**|**-**|**16,420**||**2,920**| CCXX R1 accounts (SS) 22/12/2022 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
Current Account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 22/12/2022 2 Form D Summary of Transactions Penyeae Childcare Account Year Ended 31" March 2022 RFCFIPTS PAYMENTS Balances blf Bank account £8789.18 Expenditure Bank CurrentA¢count £53.287.55 Receipts Income £69.706.74 Balances clf £25.208.37 £78.495.92 £78.495.92 CERTIVIED: Headteachcr Hollorydry Treasurer I have examined the knoks, vouchers and documents relating to Penycae Chtldcare Account and in my view the a¢¢ount above gives a true and fair view of its transactions for the year ended 31, March 2022 and of the balances in hand as of that date. Signed Date Name of Indep¢ndent Auditor Mrs B.J.Jones Address 14, Erw Deg Bethania Road A¢refair Wrexham LL14 3YA Telephone No. 01978 823419