**CHARITY NUMBER 1182575** ## CHILDMINDING UK TRUSTEES REPORT AND FINANCIAL INFORMATION FOR THE YEAR ENDED 31[st] MARCH 2024 2 ## **LIST OF OFFICERS AND TRUSTEES** Year ended 31[st] March 2024 Charity number: 1182575 Trustees: Hayley Mackay rejoined 10/23 Theresa Anderson rejoined 10/23 Aimee Burton resigned 10/2023 Matthew Burton joined 03/22 Jackie Edgar joined 11/2022 Lisa Wallace joined 01/2023 Anita Baxter joined 11/2022 Alison Cobb joined 12/2023 Ivy Rose Owusu-Baah rejoined 10/2023 Jenny Welling joined 10/2023 Julie Coombes re-joined 10/2023 |Chair:|Anita Sharp appointed 04/12/2023| |---|---| |Vice Chair:|Hayley Mackay appointed 04/12/2023| |Treasurer:|Matt Burton appointed 23/11/2023| |Secretary:|Vacant| |
Principal Address:|
PO Box 7114| ||Kettering| ||Northants| ||NN16 6BG| |Accountant:|Dean Middleton| ||DM Accounting Services| ||5 Bush Hill| ||Northampton| |Independent Examiner:
|Peter Strong| ||16 Sapphire Close| ||Kettering| ||Northants| |Bankers:
|Santander| 3 The Trustees present their report and the financial statements of the Charity for the year ended 31st March 2024. ## **STRUCTURE, GOVENANCE AND MAINTENANCE** The charity is constituted by trust deed. The trustees delegate the day-to-day responsibility for organising the advice and advocacy to the Childminding UK Executive Director. Appointment of trustees is governed by the trust deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. The trustees named on page 1 have served throughout the year. ## **THE CHILDMINDING UK OVERALL OBJECTIVES** The trustees have taken into consideration the Charity Commission's guidance on public benefit when reviewing our aims and objectives and planning our activities throughout the year. CMUK policies are regularly reviewed and adopted, in accordance with the objectives and legal requirements. ## **INVESTMENT POWERS** The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held. ## **CHARITABLE STATUS** Childminding UK became a Charitable Incorporated Organisation at the end of March 2019. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Staff** No changes to staff or staffing hours this year. Tina Maltman is the current Executive Director and Catherine Wakerley the Operations Manager. ## **Enquiry Line** Support is offered during the hours of 9-3 weekdays to offer support to members and deal with enquiries from prospective childminders and parents. New member discounts have been negotiated and we also purchased 100 more licences with Tigerlily first aid training so members can buy their training at a discounted cost through us. We continue to email a Members Newsletter monthly with articles remaining in members Dashboards for easy access at any time. We introduced a quarterly non-members newsletter. ## **Online Training** We developed new modules: - Enhancing Practice with Hygge - April 2023 - Attachment Theory: The Impact it has on Child Development - May 2023 - Equality, Diversity and Inclusion - July 2023 4 - Well-being and Involvement - April 2023 - Literacy in the early years – February 2024 ## **Virtual Training** We developed new virtual taught sessions: - Completing the progress check at age two - Managing Funding - Business Sustainability - • EYFS reforms. - What is Curriculum? ## **Face to Face Events** - Annual Conference – 14[th] October 2023- (104 delegates booked) ## **Virtual Training Events** We archived the Cultural Capital and Pedagogy training, replacing it with Optimising Early Childhood Development which includes and expands on the original training. Safeguarding Children and Designated Lead - June 2023 (8 booked) - Sept 2023 (43 booked) - December2023 (25 booked) - March 2024 (26 booked) ## Understanding your Ofsted Inspection - May 2023 (17 booked) - September 2023 (26 booked) - January 2024 (10 booked) ## Cultural Capital and Pedagogy - June 2023 (7 booked) - September 2023 (12booked) ## Food Hygiene - July 2023 (9 booked) - October 2023 (11 booked) - January 2024 (4 booked) Enhancing Practice with Hygge - June 2023 (11 booked) - November 2023 (10 booked) - March 2024 (8 booked) ## The Value of Schemas - August 2023 (9 booked) - January 2024 (13 booked) ## Managing Funding for Sustainability - February 2023 (47 booked) - March 2024 (53 booked) 5 Foundations for Strong Development with Ellie Collar - May 2023 (8 booked) ## Completing the progress check at age two - November 2023 (30 booked) The Revised EYFS - 4 sessions - FREE for members - January 2024 (100 booked) - January 2024 (105 booked) - February 2024 (100 booked) - February 2024 (121 booked) ## Optimising Early Childhood Development - February 2024 (23 booked) ## **Members Evenings** These are free member exclusive evenings held termly. Sometimes delivered within the team, others with external trainers - Nurture in Mind – Jude Brown (58 booked) - Managing Childminding Accounts (47 booked) - Phonics in the Early Years (97 booked) ## **Tea and Talk Sessions** These are monthly free sessions that give an overview of the Ofsted registration process and give attendees the opportunity to ask questions. ## **Agency Tea and Talk Sessions** These free sessions are specifically for childminders who are currently registered with a Childminding Agency but want to instead register with Ofsted. We started them in response to an Agency that was closing down due to poor Ofsted inspection results. We now will be delivering these as need arises but probably two or three times per year. - September 2023 ## **Downloadable Resources** The EYFS was revised and separated into two versions, one for childminders and one for other settings. All our training and resources were checked and amended where needed to reflect the changes. With more childminders working with assistants, we created childminder/assistant contracts and added these to the Assistants Pack that was also revised. Due to the Government’s expansion of ‘FREE childcare’, we created a Managing Funding - Business Sustainability Pack to help childminders manage the new funding and remain sustainable. This pack was given to all our members and also provided as a free download and accessed by 526 people. We organised all our resources to create more packs and less individual resources to make it much easier to locate in our shop. ## **Online Consultations** We carried out 13 online consultations held over Zoom where childminders or prospective childminders can tailor a support session with a Childminding Consultant. 6 ## **Marketing** We exhibited at the Childcare Expo in London. We write monthly blogs which are sent to other organisations and many of them publish them for us. We continue to be approached by national magazines for our view on childcare issues. Our Childminding UK Ambassadors are volunteers and are promoting Childminding UK in their interactions with other childminders and prospective childminders. They are also sharing our Social Media posts to their audiences to market Childminding UK to a wider audience. ## **Stronger Practice Hubs** Due to our Managing Resources - Business Sustainability pack we were invited to attend Stronger Practice Hub conferences in London and Hearts Midlands to run a workshop about this. We also delivered a virtual workshop on curriculum for London. ## **FINANCIAL REVIEW** In 2023-24 the charity continued to make improvements to the website, however decided not to invest further in the childminding mobile app, as there were issues during the development stage. The costs associated with this were written off to website costs during the year. On a positive note, the demand for our services continues to be strong, reflected in the higher income levels of membership, online training and resources. Childminding UK continues to be completely reliant on generating its own income, mainly from online training, membership fees and physical resources. It is pleasing to report that income for 2023-24 was £247,658 compared to £208,530 in the previous year showing an 18.7% increase. The main contributors to the increase were membership fees with a 22.0% increase and online training/resources with a 14.2% increase on the previous year. As expected, spending in 2023-24 increased, due to the first full year with the additional staff employed to meet the extra demands of the charity and higher inflation on other associated costs. However, less was spent on conferences, the AGM and website development than the previous year. The net result was that expenditure in 2023-24 of £247,201 was only slightly up, by 2.1% on 2022-23 figures. This performance resulted in the charity having a surplus of £457 for the year, increasing funds from £134,000 to £134,457. The Charity’s finances are still robust with over 6 months’ costs covered by unrestricted ‘free’ reserves. The Charity remains confident that income from online training, membership and resources will hold up well in the new financial year. Inflation and the cost of living crisis is easing, which we hope will have a positive impact on the demand for our services/products and put less pressure on our costs. ## **FUTURE DEVELOPMENTS** Staff and trustees met in March to agree the business plan and budget for 2024–2025. The business plan takes into account the likely income from membership, sales and training. This year we have started working on three main projects to enhance what Childminding UK offer. We are partnering with Morton Michel to make it easier for childminders to buy discounted Morton Michel insurance through Childminding UK. We will be introducing a free online advertising feature for all childminders, and we will be starting to explore the possibility of providing training and resources to the devolved nations. 7 Consultants have been recording voice overs for all our online training modules, which will be added to courses when website improvements have been completed. We will continue to deliver virtual training sessions each month and work on converting the existing Introductory training course to deliver as a module of the L3 course with Pen Green ready for launch in May. We will be exploring the creation of a dashboard wizard to create personalised paperwork including policies. We aim to introduce 3 new online modules, 2 new Virtual courses and continue with Online Consultations and Tea and Talk sessions, including more regular Agency Tea and Talk sessions for those who wish to leave their agency and register with Ofsted. We will also be working on a new Mini Mastery Series of bite sized training modules. We will apply for CPD Accreditation for our Safeguarding and Food Hygiene Virtual Training Courses. Members will be invited to attend new free virtual Members Focus meetings quarterly to offer training and networking opportunities. We will be producing two new information packs around Safer Eating and Safer Sleeping in response to the deaths of children in nurseries, to help prevent similar tragedies happening to other children in early years care. One member of staff will be undertaking accredited social media training in order to enhance our online presence. We will be reapplying for the Princess Royal Training Award to try to achieve this for the second time. ## **RISK MANAGEMENT** The trustees have considered the major business and operational risks which the charity faces and confirm that systems have been established so that the necessary steps can be taken to reduce these risks. The trustees do not believe that the association is subject to any substantial risk beyond the liabilities disclosed in the annual report and financial statements. The association holds public and employer liability insurance and professional indemnity insurance to protect it in case of a claim. The association maintains a risk register which is reviewed and updated regularly at trustee meetings. ## **ACCOUNTING POLICIES** ## **Reserves** It is policy to keep a minimum of 3 months running costs in reserve. This policy gives due regard to the risks associated with our current funding arrangements. ## **Accounting Convention** The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities", preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. The following specific accounting policies have been adopted: 8 ## **Incoming Resources** 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 the income receivable can be measured reliably. 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. ## **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. ## **Fixed Assets** Any tangible fixed assets are shown at cost less depreciation. Any depreciation is provided to write off the costs of fixed assets less their estimated residual value over their expected useful lives as follows: Equipment over 4 years - straight line method. ## **Volunteers and Donated Services and Facilities** The value of donated facilities and voluntary help etc. is not included in the statements since it is considered impracticable to quantify such income. ## **Resources Expended** Expenditure is recognised when a liability is incurred. Costs of charitable activities comprise all costs incurred in the pursuit of the objectives of the charity. These include both costs that can be allocated directly to activities and costs necessary to support those activities. Governance costs include those incurred in the governance of the charity. ## **Contributions to Pension Funds** The Pension cost charged represents the amount of contributions payable in respect of the accounting period. ## **Fund Accounting** Funds held by the Charity are either: - Unrestricted general funds - these are funds that can be used in accordance with the charitable objects at the discretion of the Trustees. - Designated Funds - these are funds set aside by the Trustees out of unrestricted funds for specific future projects. - Restricted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Signed on behalf of the Trustees Dated …………………………………………………………… Treasurer 9 ## **Independent Examiner’s Report 2023-24** ## To: **The members of Childminding UK** Registered Charity Number: **1182575** I have examined the accounts of the Charity set out on pages 10 to 14, which have been prepared on the accruals concept for the financial year ending 31[st] March 2024. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention ## **Basis of the independent examiner’s statement** My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 24[th] July 2024 ………………………………………………………….. Mr P Strong – Independent Examiner 16 Sapphire Close Kettering Northants 10 ## **CHILDMINDING UK** ## **STATEMENT OF FINANCIAL ACTIVITIES** **(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT) FOR YEAR ENDED 31ST MARCH 2024** |**Notes**
**INCOME**
**Income and Endowments**
Donations and Legacies
**2**
Charitable Activities
**3**
Investments
**4**
**TOTAL INCOME**
**EXPENDITURE**
**Expenditure On:**
Charitable Activities
**5**
Governance Costs
**6**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
**TRANSFER BETWEEN FUNDS**
**11 & 12**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
**TOTAL FUNDS BROUGHT FORWARD**
**11 & 12**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
18.41
-
18.41
45.44
246,956.76
-
246,956.76
208,408.84
682.85
-
682.85
75.61| |---|---| ||**247,658.02**
**-**
**247,658.02**
**208,529.89**| ||225,979.59
-
225,979.59
223,420.95
21,221.36
-
21,221.36
18,580.92| ||**247,200.95**
**-**
**247,200.95**
**242,001.87**| ||| ||**457.07**
**-**
**457.07**
**33,471.98**
**-**| ||**-**
**-**
**-**
**-**| ||**457.07**

**-**
**457.07**
**33,471.98**
**-**| ||**134,000.18**
**-**
**134,000.18**
**167,472.16**| ||**134,457.25**
**-**
**134,457.25**
**134,000.18**| The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 12 to 14 form part of these financial statements. 11 ## **CHILDMINDING UK BALANCE SHEET AS AT 31 MARCH 2024** |**ASSETS**
**Notes**
**Fixed Assets**
Intangible Assets
**8**
**Total Fixed Assets**
**Current Assets**
Debtors & Prepayments
**9**
Cash at Bank and in Hand
**10**
**Total Current Assets**
**Current Liabilities**
Creditors Due Within One Year
**11**
**Total Current Liabilities**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestristed Funds:
Designated Funds
**12**
General Charitable Funds
**12**
Restricted Funds
**13**
**TOTAL FUNDS**|31/03/2024
-
-
8,732.04
126,124.66
134,856.70
399.45
399.45
134,457.25
134,457.25
**134,457.25**
120,461.07
13,996.18
-
**134,457.25**|31/03/2023
£| |---|---|---| |||6,999.99
6,999.99
19,701.55
108,068.24| |||127,769.79
769.60
769.60
127,000.19| |||134,000.18| |||| |||**134,000.18**| |||120,004.00
13,996.18
-| |||**134,000.18**| These accounts were approved by the board on the 30th September 2024 and are signed on their behalf by: Signed ……………………………………………………………… Name (Printed)………………………………………….………….. Charity Registration Number: 1182575 12 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ACCOUNTING POLICIES** ## **1. Basis of Accounting** The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities", preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. Going Concern - There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. a) Voluntary income is received by way of donation and gifts and is included in full in the Statement of Financial Activities when received. b) Grants, including grants for the purchase of equipment, are recognised in full in the Statement of Financial Activities in the year in which they are received. c) Resources expended that can be wholly attributed to a fund are allocated as such. Other resources expended are divided between each fund depending on activity of the fund at the time of expenditure. d) Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund. e) Unrestricted funds are donations and other income received or generated for the objects of the Charity without further specified purpose and are available as general funds. f) Designated funds are funds which have been set aside out of unrestricted funds by the trustees for specific purposes. g) The charity operates a non-capitalisation policy for items purchased under £1,000. |Donations
AGM, Stall Holder & Raffle
Membership
Training
Online Training & Resources
Miscellaneous
Resources & EYFS Books
**Total**
Interest Income
**4. Investments**
**3. Charitable Activities**
**2. Donations & Legacies**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£| |---|---| ||**18.41**
**-**
**18.41**
**45.44**| ||Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
4,729.09
-
4,729.09
3,881.51
107,529.53
-
107,529.53
88,145.62
-
-
-
150.00
131,564.06
-
131,564.06
115,135.28
500.00
-
500.00
10.00
2,634.08
-
2,634.08
1,086.43| ||**246,956.76**
**-**
**246,956.76**
**208,408.84**| ||Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£| ||**682.85**
**-**
**682.85**
**75.61**| 13 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** |Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
AGM & Conference
3,643.80
-
3,643.80
14,223.26
Charges Snip Cart
2,330.77
-
2,330.77
2,581.07
Equipment
2,013.88
-
2,013.88
2,195.98
HR Services
2,942.69
-
2,942.69
1,984.86
Insurance & Management Quality Systems
2,420.41
2,420.41
2,228.80
Office Support & Hospitality
1,486.82
-
1,486.82
768.00
Online Advertising, & Website Costs
24,675.80
-
24,675.80
35,843.07
Marketing, Advertising and Promotion
3,119.95
-
3,119.95
2,611.73
Management Consultancy
1,425.00
-
1,425.00
-
Payroll Costs (see note 9)
155,390.98
-
155,390.98
140,734.34
Resources & Programme Expenses
1,824.63
-
1,824.63
482.38
Staff/Volunteer Training & First Aid Training Units
22,302.50
-
22,302.50
16,995.00
Travel & Subsistence
2,402.36
-
2,402.36
2,772.46
**Total**
**225,979.59**
**-**
**225,979.59**
**223,420.95**
Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
Accountancy & Independent Examination
4,800.00
-
4,800.00
4,450.00
Home Based Office Costs
4,872.79
-
4,872.79
4,236.22
Legal Fees
2,460.00
-
2,460.00
-
Payroll & Pension
737.00
-
737.00
736.80
Room Hire & Storage
8,351.57
-
8,351.57
9,157.90
**Total**
**21,221.36**
**-**
**21,221.36**
**18,580.92**
Total
2023/24
Total
2022/23
£
£
Gross Salaries & Wages
144,873.19
132,128.38
Employer's National Insurance
7,356.78
6,092.08
Pension Costs (defined contribution scheme)
3,161.01
2,513.88
**Total**
**155,390.98**
**140,734.34**
The average number of staff employed during the period:
**6.00**
**5.50**
No employees received emoluments of more than £60,000 per annum.
Trustees claimed expenses of £248.68, but no remuneration during the period (2022/23 £215.19).
**8. Fixed Assets**
Total
2023/24
Total
2022/23
£
£
Intangible Assets - Mobile App Nursery Story
**-**
**6,999.99**
This mobile app valuation was written off during 2023-24, no further value is attached to this piece of software.
Total
2023/24
Total
2022/23
£
£
Prepayments
3,855.05
16,023.55
Other Debtors
4,876.99
3,678.00


**5. Charitable Activities**
**6. Governance Costs**
**7. Staff Costs and Emoluments**
**9. Debtors & Prepayments**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
AGM & Conference
3,643.80
-
3,643.80
14,223.26
Charges Snip Cart
2,330.77
-
2,330.77
2,581.07
Equipment
2,013.88
-
2,013.88
2,195.98
HR Services
2,942.69
-
2,942.69
1,984.86
Insurance & Management Quality Systems
2,420.41
2,420.41
2,228.80
Office Support & Hospitality
1,486.82
-
1,486.82
768.00
Online Advertising, & Website Costs
24,675.80
-
24,675.80
35,843.07
Marketing, Advertising and Promotion
3,119.95
-
3,119.95
2,611.73
Management Consultancy
1,425.00
-
1,425.00
-
Payroll Costs (see note 9)
155,390.98
-
155,390.98
140,734.34
Resources & Programme Expenses
1,824.63
-
1,824.63
482.38
Staff/Volunteer Training & First Aid Training Units
22,302.50
-
22,302.50
16,995.00
Travel & Subsistence
2,402.36
-
2,402.36
2,772.46
**Total**
**225,979.59**
**-**
**225,979.59**
**223,420.95**
Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
Accountancy & Independent Examination
4,800.00
-
4,800.00
4,450.00
Home Based Office Costs
4,872.79
-
4,872.79
4,236.22
Legal Fees
2,460.00
-
2,460.00
-
Payroll & Pension
737.00
-
737.00
736.80
Room Hire & Storage
8,351.57
-
8,351.57
9,157.90
**Total**
**21,221.36**
**-**
**21,221.36**
**18,580.92**
Total
2023/24
Total
2022/23
£
£
Gross Salaries & Wages
144,873.19
132,128.38
Employer's National Insurance
7,356.78
6,092.08
Pension Costs (defined contribution scheme)
3,161.01
2,513.88
**Total**
**155,390.98**
**140,734.34**
The average number of staff employed during the period:
**6.00**
**5.50**
No employees received emoluments of more than £60,000 per annum.
Trustees claimed expenses of £248.68, but no remuneration during the period (2022/23 £215.19).
**8. Fixed Assets**
Total
2023/24
Total
2022/23
£
£
Intangible Assets - Mobile App Nursery Story
**-**
**6,999.99**
This mobile app valuation was written off during 2023-24, no further value is attached to this piece of software.
Total
2023/24
Total
2022/23
£
£
Prepayments
3,855.05
16,023.55
Other Debtors
4,876.99
3,678.00


**5. Charitable Activities**
**6. Governance Costs**
**7. Staff Costs and Emoluments**
**9. Debtors & Prepayments**| |---|---| ||**8,732.04**
**19,701.55**| 14 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** |Deposit Account
Current Account
Floats and Petty Cash
Sundry Creditors
Accrued Expenses
**Total**
**Designated Funds:**
Membership
Online Resources
Resources
Tigerlilly
**Total Designated Funds**
**General Unrestricted Funds**
**Total**
**Total**
**13. Restricted Funds**
**11. Creditors - Amounts Falling Due Within One**
**Year**
**12. Unrestricted Funds**
**10. Cash at Bank and In Hand**|Total
2023/24
Total
2022/23
£
£
122,344.18
103,270.56
1,680.48
2,347.68
2,100.00
2,450.00
**126,124.66**
**108,068.24**
Total
2023/24
Total
2022/23
£
£
399.45
119.00
-
650.60
**399.45**
**769.60**
Opening
Balance
Income
Expense
Transfer
Closing
Balance
£
£
£
£
£
62,439.38
107,529.53
99,850.31
-6,519.34
63,599.26
56,458.31
115,364.02
106,948.71
-8,011.81
56,861.81
0.00
2,634.08
4,145.19
1,511.11
0.00
1,106.31
16,200.04
23,807.05
6,500.70
0.00| |---|---| ||120,004.00
241,727.67
234,751.26
-6,519.34
120,461.07
13,996.18
5,930.35
12,449.69
6,519.34
13,996.18| ||**134,000.18**
**247,658.02**
**247,200.95**
**-**
**134,457.25**| ||Opening
Balance
Income
Expense
Transfer
Closing
Balance
£
£
£
£
£| ||**-**
**-**
**-**
**-**
**-**| There were no restricted funds at the beginning during or at the end of the financial year. ## **14. Ultimate Controlling Party** The Trustees hold control of the Charity, whose names are shown at the front of the financial statements. **CHARITY NUMBER 1182575** ## CHILDMINDING UK TRUSTEES REPORT AND FINANCIAL INFORMATION FOR THE YEAR ENDED 31[st] MARCH 2024 2 ## **LIST OF OFFICERS AND TRUSTEES** Year ended 31[st] March 2024 Charity number: 1182575 Trustees: Hayley Mackay rejoined 10/23 Theresa Anderson rejoined 10/23 Aimee Burton resigned 10/2023 Matthew Burton joined 03/22 Jackie Edgar joined 11/2022 Lisa Wallace joined 01/2023 Anita Baxter joined 11/2022 Alison Cobb joined 12/2023 Ivy Rose Owusu-Baah rejoined 10/2023 Jenny Welling joined 10/2023 Julie Coombes re-joined 10/2023 |Chair:|Anita Sharp appointed 04/12/2023| |---|---| |Vice Chair:|Hayley Mackay appointed 04/12/2023| |Treasurer:|Matt Burton appointed 23/11/2023| |Secretary:|Vacant| |
Principal Address:|
PO Box 7114| ||Kettering| ||Northants| ||NN16 6BG| |Accountant:|Dean Middleton| ||DM Accounting Services| ||5 Bush Hill| ||Northampton| |Independent Examiner:
|Peter Strong| ||16 Sapphire Close| ||Kettering| ||Northants| |Bankers:
|Santander| 3 The Trustees present their report and the financial statements of the Charity for the year ended 31st March 2024. ## **STRUCTURE, GOVENANCE AND MAINTENANCE** The charity is constituted by trust deed. The trustees delegate the day-to-day responsibility for organising the advice and advocacy to the Childminding UK Executive Director. Appointment of trustees is governed by the trust deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. The trustees named on page 1 have served throughout the year. ## **THE CHILDMINDING UK OVERALL OBJECTIVES** The trustees have taken into consideration the Charity Commission's guidance on public benefit when reviewing our aims and objectives and planning our activities throughout the year. CMUK policies are regularly reviewed and adopted, in accordance with the objectives and legal requirements. ## **INVESTMENT POWERS** The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held. ## **CHARITABLE STATUS** Childminding UK became a Charitable Incorporated Organisation at the end of March 2019. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Staff** No changes to staff or staffing hours this year. Tina Maltman is the current Executive Director and Catherine Wakerley the Operations Manager. ## **Enquiry Line** Support is offered during the hours of 9-3 weekdays to offer support to members and deal with enquiries from prospective childminders and parents. New member discounts have been negotiated and we also purchased 100 more licences with Tigerlily first aid training so members can buy their training at a discounted cost through us. We continue to email a Members Newsletter monthly with articles remaining in members Dashboards for easy access at any time. We introduced a quarterly non-members newsletter. ## **Online Training** We developed new modules: - Enhancing Practice with Hygge - April 2023 - Attachment Theory: The Impact it has on Child Development - May 2023 - Equality, Diversity and Inclusion - July 2023 4 - Well-being and Involvement - April 2023 - Literacy in the early years – February 2024 ## **Virtual Training** We developed new virtual taught sessions: - Completing the progress check at age two - Managing Funding - Business Sustainability - • EYFS reforms. - What is Curriculum? ## **Face to Face Events** - Annual Conference – 14[th] October 2023- (104 delegates booked) ## **Virtual Training Events** We archived the Cultural Capital and Pedagogy training, replacing it with Optimising Early Childhood Development which includes and expands on the original training. Safeguarding Children and Designated Lead - June 2023 (8 booked) - Sept 2023 (43 booked) - December2023 (25 booked) - March 2024 (26 booked) ## Understanding your Ofsted Inspection - May 2023 (17 booked) - September 2023 (26 booked) - January 2024 (10 booked) ## Cultural Capital and Pedagogy - June 2023 (7 booked) - September 2023 (12booked) ## Food Hygiene - July 2023 (9 booked) - October 2023 (11 booked) - January 2024 (4 booked) Enhancing Practice with Hygge - June 2023 (11 booked) - November 2023 (10 booked) - March 2024 (8 booked) ## The Value of Schemas - August 2023 (9 booked) - January 2024 (13 booked) ## Managing Funding for Sustainability - February 2023 (47 booked) - March 2024 (53 booked) 5 Foundations for Strong Development with Ellie Collar - May 2023 (8 booked) ## Completing the progress check at age two - November 2023 (30 booked) The Revised EYFS - 4 sessions - FREE for members - January 2024 (100 booked) - January 2024 (105 booked) - February 2024 (100 booked) - February 2024 (121 booked) ## Optimising Early Childhood Development - February 2024 (23 booked) ## **Members Evenings** These are free member exclusive evenings held termly. Sometimes delivered within the team, others with external trainers - Nurture in Mind – Jude Brown (58 booked) - Managing Childminding Accounts (47 booked) - Phonics in the Early Years (97 booked) ## **Tea and Talk Sessions** These are monthly free sessions that give an overview of the Ofsted registration process and give attendees the opportunity to ask questions. ## **Agency Tea and Talk Sessions** These free sessions are specifically for childminders who are currently registered with a Childminding Agency but want to instead register with Ofsted. We started them in response to an Agency that was closing down due to poor Ofsted inspection results. We now will be delivering these as need arises but probably two or three times per year. - September 2023 ## **Downloadable Resources** The EYFS was revised and separated into two versions, one for childminders and one for other settings. All our training and resources were checked and amended where needed to reflect the changes. With more childminders working with assistants, we created childminder/assistant contracts and added these to the Assistants Pack that was also revised. Due to the Government’s expansion of ‘FREE childcare’, we created a Managing Funding - Business Sustainability Pack to help childminders manage the new funding and remain sustainable. This pack was given to all our members and also provided as a free download and accessed by 526 people. We organised all our resources to create more packs and less individual resources to make it much easier to locate in our shop. ## **Online Consultations** We carried out 13 online consultations held over Zoom where childminders or prospective childminders can tailor a support session with a Childminding Consultant. 6 ## **Marketing** We exhibited at the Childcare Expo in London. We write monthly blogs which are sent to other organisations and many of them publish them for us. We continue to be approached by national magazines for our view on childcare issues. Our Childminding UK Ambassadors are volunteers and are promoting Childminding UK in their interactions with other childminders and prospective childminders. They are also sharing our Social Media posts to their audiences to market Childminding UK to a wider audience. ## **Stronger Practice Hubs** Due to our Managing Resources - Business Sustainability pack we were invited to attend Stronger Practice Hub conferences in London and Hearts Midlands to run a workshop about this. We also delivered a virtual workshop on curriculum for London. ## **FINANCIAL REVIEW** In 2023-24 the charity continued to make improvements to the website, however decided not to invest further in the childminding mobile app, as there were issues during the development stage. The costs associated with this were written off to website costs during the year. On a positive note, the demand for our services continues to be strong, reflected in the higher income levels of membership, online training and resources. Childminding UK continues to be completely reliant on generating its own income, mainly from online training, membership fees and physical resources. It is pleasing to report that income for 2023-24 was £247,658 compared to £208,530 in the previous year showing an 18.7% increase. The main contributors to the increase were membership fees with a 22.0% increase and online training/resources with a 14.2% increase on the previous year. As expected, spending in 2023-24 increased, due to the first full year with the additional staff employed to meet the extra demands of the charity and higher inflation on other associated costs. However, less was spent on conferences, the AGM and website development than the previous year. The net result was that expenditure in 2023-24 of £247,201 was only slightly up, by 2.1% on 2022-23 figures. This performance resulted in the charity having a surplus of £457 for the year, increasing funds from £134,000 to £134,457. The Charity’s finances are still robust with over 6 months’ costs covered by unrestricted ‘free’ reserves. The Charity remains confident that income from online training, membership and resources will hold up well in the new financial year. Inflation and the cost of living crisis is easing, which we hope will have a positive impact on the demand for our services/products and put less pressure on our costs. ## **FUTURE DEVELOPMENTS** Staff and trustees met in March to agree the business plan and budget for 2024–2025. The business plan takes into account the likely income from membership, sales and training. This year we have started working on three main projects to enhance what Childminding UK offer. We are partnering with Morton Michel to make it easier for childminders to buy discounted Morton Michel insurance through Childminding UK. We will be introducing a free online advertising feature for all childminders, and we will be starting to explore the possibility of providing training and resources to the devolved nations. 7 Consultants have been recording voice overs for all our online training modules, which will be added to courses when website improvements have been completed. We will continue to deliver virtual training sessions each month and work on converting the existing Introductory training course to deliver as a module of the L3 course with Pen Green ready for launch in May. We will be exploring the creation of a dashboard wizard to create personalised paperwork including policies. We aim to introduce 3 new online modules, 2 new Virtual courses and continue with Online Consultations and Tea and Talk sessions, including more regular Agency Tea and Talk sessions for those who wish to leave their agency and register with Ofsted. We will also be working on a new Mini Mastery Series of bite sized training modules. We will apply for CPD Accreditation for our Safeguarding and Food Hygiene Virtual Training Courses. Members will be invited to attend new free virtual Members Focus meetings quarterly to offer training and networking opportunities. We will be producing two new information packs around Safer Eating and Safer Sleeping in response to the deaths of children in nurseries, to help prevent similar tragedies happening to other children in early years care. One member of staff will be undertaking accredited social media training in order to enhance our online presence. We will be reapplying for the Princess Royal Training Award to try to achieve this for the second time. ## **RISK MANAGEMENT** The trustees have considered the major business and operational risks which the charity faces and confirm that systems have been established so that the necessary steps can be taken to reduce these risks. The trustees do not believe that the association is subject to any substantial risk beyond the liabilities disclosed in the annual report and financial statements. The association holds public and employer liability insurance and professional indemnity insurance to protect it in case of a claim. The association maintains a risk register which is reviewed and updated regularly at trustee meetings. ## **ACCOUNTING POLICIES** ## **Reserves** It is policy to keep a minimum of 3 months running costs in reserve. This policy gives due regard to the risks associated with our current funding arrangements. ## **Accounting Convention** The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities", preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. The following specific accounting policies have been adopted: 8 ## **Incoming Resources** 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 the income receivable can be measured reliably. 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. ## **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. ## **Fixed Assets** Any tangible fixed assets are shown at cost less depreciation. Any depreciation is provided to write off the costs of fixed assets less their estimated residual value over their expected useful lives as follows: Equipment over 4 years - straight line method. ## **Volunteers and Donated Services and Facilities** The value of donated facilities and voluntary help etc. is not included in the statements since it is considered impracticable to quantify such income. ## **Resources Expended** Expenditure is recognised when a liability is incurred. Costs of charitable activities comprise all costs incurred in the pursuit of the objectives of the charity. These include both costs that can be allocated directly to activities and costs necessary to support those activities. Governance costs include those incurred in the governance of the charity. ## **Contributions to Pension Funds** The Pension cost charged represents the amount of contributions payable in respect of the accounting period. ## **Fund Accounting** Funds held by the Charity are either: - Unrestricted general funds - these are funds that can be used in accordance with the charitable objects at the discretion of the Trustees. - Designated Funds - these are funds set aside by the Trustees out of unrestricted funds for specific future projects. - Restricted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Signed on behalf of the Trustees Dated …………………………………………………………… Treasurer 9 ## **Independent Examiner’s Report 2023-24** ## To: **The members of Childminding UK** Registered Charity Number: **1182575** I have examined the accounts of the Charity set out on pages 10 to 14, which have been prepared on the accruals concept for the financial year ending 31[st] March 2024. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention ## **Basis of the independent examiner’s statement** My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 24[th] July 2024 ………………………………………………………….. Mr P Strong – Independent Examiner 16 Sapphire Close Kettering Northants 10 ## **CHILDMINDING UK** ## **STATEMENT OF FINANCIAL ACTIVITIES** **(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT) FOR YEAR ENDED 31ST MARCH 2024** |**Notes**
**INCOME**
**Income and Endowments**
Donations and Legacies
**2**
Charitable Activities
**3**
Investments
**4**
**TOTAL INCOME**
**EXPENDITURE**
**Expenditure On:**
Charitable Activities
**5**
Governance Costs
**6**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
**TRANSFER BETWEEN FUNDS**
**11 & 12**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
**TOTAL FUNDS BROUGHT FORWARD**
**11 & 12**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
18.41
-
18.41
45.44
246,956.76
-
246,956.76
208,408.84
682.85
-
682.85
75.61| |---|---| ||**247,658.02**
**-**
**247,658.02**
**208,529.89**| ||225,979.59
-
225,979.59
223,420.95
21,221.36
-
21,221.36
18,580.92| ||**247,200.95**
**-**
**247,200.95**
**242,001.87**| ||| ||**457.07**
**-**
**457.07**
**33,471.98**
**-**| ||**-**
**-**
**-**
**-**| ||**457.07**

**-**
**457.07**
**33,471.98**
**-**| ||**134,000.18**
**-**
**134,000.18**
**167,472.16**| ||**134,457.25**
**-**
**134,457.25**
**134,000.18**| The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 12 to 14 form part of these financial statements. 11 ## **CHILDMINDING UK BALANCE SHEET AS AT 31 MARCH 2024** |**ASSETS**
**Notes**
**Fixed Assets**
Intangible Assets
**8**
**Total Fixed Assets**
**Current Assets**
Debtors & Prepayments
**9**
Cash at Bank and in Hand
**10**
**Total Current Assets**
**Current Liabilities**
Creditors Due Within One Year
**11**
**Total Current Liabilities**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestristed Funds:
Designated Funds
**12**
General Charitable Funds
**12**
Restricted Funds
**13**
**TOTAL FUNDS**|31/03/2024
-
-
8,732.04
126,124.66
134,856.70
399.45
399.45
134,457.25
134,457.25
**134,457.25**
120,461.07
13,996.18
-
**134,457.25**|31/03/2023
£| |---|---|---| |||6,999.99
6,999.99
19,701.55
108,068.24| |||127,769.79
769.60
769.60
127,000.19| |||134,000.18| |||| |||**134,000.18**| |||120,004.00
13,996.18
-| |||**134,000.18**| These accounts were approved by the board on the 30th September 2024 and are signed on their behalf by: Signed ……………………………………………………………… Name (Printed)………………………………………….………….. Charity Registration Number: 1182575 12 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ACCOUNTING POLICIES** ## **1. Basis of Accounting** The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities", preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. Going Concern - There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. a) Voluntary income is received by way of donation and gifts and is included in full in the Statement of Financial Activities when received. b) Grants, including grants for the purchase of equipment, are recognised in full in the Statement of Financial Activities in the year in which they are received. c) Resources expended that can be wholly attributed to a fund are allocated as such. Other resources expended are divided between each fund depending on activity of the fund at the time of expenditure. d) Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund. e) Unrestricted funds are donations and other income received or generated for the objects of the Charity without further specified purpose and are available as general funds. f) Designated funds are funds which have been set aside out of unrestricted funds by the trustees for specific purposes. g) The charity operates a non-capitalisation policy for items purchased under £1,000. |Donations
AGM, Stall Holder & Raffle
Membership
Training
Online Training & Resources
Miscellaneous
Resources & EYFS Books
**Total**
Interest Income
**4. Investments**
**3. Charitable Activities**
**2. Donations & Legacies**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£| |---|---| ||**18.41**
**-**
**18.41**
**45.44**| ||Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
4,729.09
-
4,729.09
3,881.51
107,529.53
-
107,529.53
88,145.62
-
-
-
150.00
131,564.06
-
131,564.06
115,135.28
500.00
-
500.00
10.00
2,634.08
-
2,634.08
1,086.43| ||**246,956.76**
**-**
**246,956.76**
**208,408.84**| ||Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£| ||**682.85**
**-**
**682.85**
**75.61**| 13 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** |Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
AGM & Conference
3,643.80
-
3,643.80
14,223.26
Charges Snip Cart
2,330.77
-
2,330.77
2,581.07
Equipment
2,013.88
-
2,013.88
2,195.98
HR Services
2,942.69
-
2,942.69
1,984.86
Insurance & Management Quality Systems
2,420.41
2,420.41
2,228.80
Office Support & Hospitality
1,486.82
-
1,486.82
768.00
Online Advertising, & Website Costs
24,675.80
-
24,675.80
35,843.07
Marketing, Advertising and Promotion
3,119.95
-
3,119.95
2,611.73
Management Consultancy
1,425.00
-
1,425.00
-
Payroll Costs (see note 9)
155,390.98
-
155,390.98
140,734.34
Resources & Programme Expenses
1,824.63
-
1,824.63
482.38
Staff/Volunteer Training & First Aid Training Units
22,302.50
-
22,302.50
16,995.00
Travel & Subsistence
2,402.36
-
2,402.36
2,772.46
**Total**
**225,979.59**
**-**
**225,979.59**
**223,420.95**
Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
Accountancy & Independent Examination
4,800.00
-
4,800.00
4,450.00
Home Based Office Costs
4,872.79
-
4,872.79
4,236.22
Legal Fees
2,460.00
-
2,460.00
-
Payroll & Pension
737.00
-
737.00
736.80
Room Hire & Storage
8,351.57
-
8,351.57
9,157.90
**Total**
**21,221.36**
**-**
**21,221.36**
**18,580.92**
Total
2023/24
Total
2022/23
£
£
Gross Salaries & Wages
144,873.19
132,128.38
Employer's National Insurance
7,356.78
6,092.08
Pension Costs (defined contribution scheme)
3,161.01
2,513.88
**Total**
**155,390.98**
**140,734.34**
The average number of staff employed during the period:
**6.00**
**5.50**
No employees received emoluments of more than £60,000 per annum.
Trustees claimed expenses of £248.68, but no remuneration during the period (2022/23 £215.19).
**8. Fixed Assets**
Total
2023/24
Total
2022/23
£
£
Intangible Assets - Mobile App Nursery Story
**-**
**6,999.99**
This mobile app valuation was written off during 2023-24, no further value is attached to this piece of software.
Total
2023/24
Total
2022/23
£
£
Prepayments
3,855.05
16,023.55
Other Debtors
4,876.99
3,678.00


**5. Charitable Activities**
**6. Governance Costs**
**7. Staff Costs and Emoluments**
**9. Debtors & Prepayments**|Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
AGM & Conference
3,643.80
-
3,643.80
14,223.26
Charges Snip Cart
2,330.77
-
2,330.77
2,581.07
Equipment
2,013.88
-
2,013.88
2,195.98
HR Services
2,942.69
-
2,942.69
1,984.86
Insurance & Management Quality Systems
2,420.41
2,420.41
2,228.80
Office Support & Hospitality
1,486.82
-
1,486.82
768.00
Online Advertising, & Website Costs
24,675.80
-
24,675.80
35,843.07
Marketing, Advertising and Promotion
3,119.95
-
3,119.95
2,611.73
Management Consultancy
1,425.00
-
1,425.00
-
Payroll Costs (see note 9)
155,390.98
-
155,390.98
140,734.34
Resources & Programme Expenses
1,824.63
-
1,824.63
482.38
Staff/Volunteer Training & First Aid Training Units
22,302.50
-
22,302.50
16,995.00
Travel & Subsistence
2,402.36
-
2,402.36
2,772.46
**Total**
**225,979.59**
**-**
**225,979.59**
**223,420.95**
Unrestricted
Funds
Restricted
Funds
Total
2023/24
Total
2022/23
£
£
£
£
Accountancy & Independent Examination
4,800.00
-
4,800.00
4,450.00
Home Based Office Costs
4,872.79
-
4,872.79
4,236.22
Legal Fees
2,460.00
-
2,460.00
-
Payroll & Pension
737.00
-
737.00
736.80
Room Hire & Storage
8,351.57
-
8,351.57
9,157.90
**Total**
**21,221.36**
**-**
**21,221.36**
**18,580.92**
Total
2023/24
Total
2022/23
£
£
Gross Salaries & Wages
144,873.19
132,128.38
Employer's National Insurance
7,356.78
6,092.08
Pension Costs (defined contribution scheme)
3,161.01
2,513.88
**Total**
**155,390.98**
**140,734.34**
The average number of staff employed during the period:
**6.00**
**5.50**
No employees received emoluments of more than £60,000 per annum.
Trustees claimed expenses of £248.68, but no remuneration during the period (2022/23 £215.19).
**8. Fixed Assets**
Total
2023/24
Total
2022/23
£
£
Intangible Assets - Mobile App Nursery Story
**-**
**6,999.99**
This mobile app valuation was written off during 2023-24, no further value is attached to this piece of software.
Total
2023/24
Total
2022/23
£
£
Prepayments
3,855.05
16,023.55
Other Debtors
4,876.99
3,678.00


**5. Charitable Activities**
**6. Governance Costs**
**7. Staff Costs and Emoluments**
**9. Debtors & Prepayments**| |---|---| ||**8,732.04**
**19,701.55**| 14 ## **CHILDMINDING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** |Deposit Account
Current Account
Floats and Petty Cash
Sundry Creditors
Accrued Expenses
**Total**
**Designated Funds:**
Membership
Online Resources
Resources
Tigerlilly
**Total Designated Funds**
**General Unrestricted Funds**
**Total**
**Total**
**13. Restricted Funds**
**11. Creditors - Amounts Falling Due Within One**
**Year**
**12. Unrestricted Funds**
**10. Cash at Bank and In Hand**|Total
2023/24
Total
2022/23
£
£
122,344.18
103,270.56
1,680.48
2,347.68
2,100.00
2,450.00
**126,124.66**
**108,068.24**
Total
2023/24
Total
2022/23
£
£
399.45
119.00
-
650.60
**399.45**
**769.60**
Opening
Balance
Income
Expense
Transfer
Closing
Balance
£
£
£
£
£
62,439.38
107,529.53
99,850.31
-6,519.34
63,599.26
56,458.31
115,364.02
106,948.71
-8,011.81
56,861.81
0.00
2,634.08
4,145.19
1,511.11
0.00
1,106.31
16,200.04
23,807.05
6,500.70
0.00| |---|---| ||120,004.00
241,727.67
234,751.26
-6,519.34
120,461.07
13,996.18
5,930.35
12,449.69
6,519.34
13,996.18| ||**134,000.18**
**247,658.02**
**247,200.95**
**-**
**134,457.25**| ||Opening
Balance
Income
Expense
Transfer
Closing
Balance
£
£
£
£
£| ||**-**
**-**
**-**
**-**
**-**| There were no restricted funds at the beginning during or at the end of the financial year. ## **14. Ultimate Controlling Party** The Trustees hold control of the Charity, whose names are shown at the front of the financial statements. Incoming Resources Ail income is recognised On￿ the charty has entiuement to the income, it is probable that the income will be received and the amount of the income re￿1vable can be measured reliably. 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. Interest Receivable Inte￿5t 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 fijnds are deposited. Fixed Assets Any tangible fixed assets are shown at cost less depreciation. Any depreciation is provided to write off the costs of fixed assets less their esbmated residual value over their expetted useful lives as follows: Equipment over 4 years - straight line method. Volunteers and Donated servI￿s and Faalities The value of donated facilities and voluntary help etc. Ss not included In the statements since it is considered impracticable to quantify such income. Resources ExpendeAI Expenditure is recognised when a liability Is incurred. Costs of charitable activities comprfse all costs incurred in the pursuit of the objectives of the charity. These include both costs that can be allocated directly to activities and costs necessary to support those activities. Governance costs include those incurTed in the governance of the charity. Contributions to Pension Funds The Pension cost charged represents the amount of contributlons payable in respett of the accounting period. Fund Accounting Funds held by the Charity are either: Unrestricted general funds these are funds that can be used in accordance with the charitable objects at the discretion of the Trustees. Designated Funds - these are funds set aside by the Trustees out of unrestricted funds for specific future projects. Restritted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for parbcular restricted purposes. Signed on behalf of the Trustees Treasurer 7olqlLy- Independent Ex?mlner's Report 2023-24 To.. The membersof Chlldmindlng UK Registered Charity Number.. 1182575 I have examined the accounts of the Charity Set out ori pages to which have been prepared on the accruals concept for the financial year ending 31" March 2024. Respectlve responslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ithe Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under se¢tion 14515llbl of the Charitie5 Art, and to state whether particular matters have come to my attention asls of the Independent examlnerfs statement My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presellted wth those records. It a150 include5 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Independent examlner's statement In tonnection with my examination, no matter has come to my attentlon l. which gives me reasonable Cause to believe that in, any material respect. the requirements: to keep accounting records in accordance with section 130 of the Chartties Act- and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charitie5 Act have not been met. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date.. 24, July 2024 Mr P Strong- Indepen(lent Examiner 16 Sapphire Close Kettering Northants CHILDMINDING UK BALANCE SHEET AS AT 31 MARCH 2024 3110312024 3110312023 ASSETS Notes Flxed Assets Intangible Assets Total Flxed Assets 6,999.99 6.999.99 Current Assets Debtors & Prepayments Cash at Bank and in Hand 8,732.04 126,124.66 134.856.70 19,701.55 108,068.24 127,769.79 io Total Current A55ets Current Liabilitles Creditors Due Within One Year li 399.45 769.60 Totsl Current Ltabilities 399.45 769.60 NET CURRENT ASSFrs 134,457.25 127,0(X).19 TOTAL ASSETS LESS CURRENT LIABILITIES 134,457.25 134,0(X).18 NET ASSETS 134.457.25 134,0(Kl.18 FUNDS OFTHE CHARITY Unrestristed Funds: Designated Funds General Charitable Funds Restricted Funds 120,461.07 13,996.18 120.004.00 13,996.18 13 TOTAL FUNDS 134,457.25 134,(M)0.18 These accounts were approved by the board on the 30th September 2024 and are signed on thelr behalf by: Signed ..-...... Name IPrintedl..fvn(ITtI.....ShA..£f:.................... Charity Registration Number: 1182575