Charlty numb•r: 1196063 ST ANNE'S CHILD CARE GROUP UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
ST ANNE'S CHILD CARE GROUP CONTENTS Page Refergnce and Admlnlstratlvè Dètalls of the Charlty. Its Trustees and Advlsers TruJt¢¢$' Report Independent Examlner's Report statamènt of Financial Activities 8alan¢o Shoet Notes to the Financial Statements 10-19
ST ANNE'S CHILD CARE GROUP REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024 Trustees R Tumer. Chair E Flaherty, Trustee P Sunlah, Truslee (resigned 13 May 2024) M Sadie, Trustee lappoinled 27 June 2024) Charlty reglstered numb8r 1196063 Prlnclpal offlce Sl Anne's Catholic Primary School Plnkerton Road Basingsloke Hampshire RG22 6RE Pre-S¢hool M¥nagèr K Reid Iresign¢d 31 Atjgusl 20241 E Tiiner lappoinled 1 September 20241 Ac¢ountant$ Shaw Gibbs (Audill Limited Wey Court Wesl Union Road Farnham Surrey GU9 7PT Bankeis Lloyds TSB Bank pfc Page 1
ST ANNE'S CHILD CARE GROUP TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present their annual report together with the financial statements of the Charity for the year 1 September 2023 10 31 August 2024. The Trustees confi¥m that the Annual Report and financial slalements of tha charily comply with the current slalulory Tequiremenls, the requirements of thè charily's govarning document and the provisions of the Slalemenl of Recommended Practice ISORPI, applicablg lo charities preparing their accounts in accordan with the Financial Report Standard applicable In the UK and republic of Ireland IFRS1021 leffeclive fj January 20151. Oble¢tlves and a¢tlvltle$ a. Pollcles and objgctivos The purpose of the Charity is identified in our objects. To provide the necessary fa¢ililios for Ihg daily caro. rocroation and education of Ihg children during out of school hours and school holidays; b. To provide opportunities for play and education lor children whllsl involving parents and carèrs.. To advance the education and training ol persons in the provision of such care. education and retxeational The Childcare Group Is run successfully for Ihe benefil of children and their parents. Trustees ar& fully up lo dale with all guidance issued by the Charity Commission. In selling objeclives and planning for activities. the Trustees have given due consideration lo general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benelil.. running 8 charity IP821'. b. Grant-maklng pollcles The Charlty exlsls to support the pupils of Sl Anne's School. The charity may chos8 to mako a grant payment lo the school on application. Achl¥vgmonts and perfom)ance a. Main achlevement$ of th¢ Charlty Provide high quality Child care for children and parenls. 2. The charity has allowed parents to return lo work andlor relum lo studies. 3. The Charity has supported St Anne's School. 4. Thè Chlldcare Group was judgad 'GOOD' by Ofsled in January 2024. Financial review a. Golng concern After making appropriate enquiries, the Trusle&s have a reasonablè expectslion that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial slatemenls. Further details regarding the adoption of the going concerr) basls can be found in the accounting policies. Page 2
ST ANNE'S CHILD CARE GROUP TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 b. Finance revlew and reserves pollcy Thgre are Currently no debts ar8 we are currently working towards a reserve of 3 months of operallng costs. The charity received income of £84,607 during the yèar and spent £80,972. resulting in a surplus of £3.635. Al Ihg year end the charity had £11.421 of cash balances. c. Prlnclpal rlsks and uncertalntles Th8 principal risks are a cul in Govtrrnmenl funding or a lack ol numbers a11gnding the Pre-school. d. Prln¢lpal fundlng There are currently two principal funding sources.. Government FUNDING through ils 15130 hours free child Carg policy 2. Through parental payment of fees Structurè. governance and management a. Constitution St Anne's Child Care Group is a registered charity. number 1196063, and is constituted under a Trust deed. b. M8thods of appolntment or ¢1o¢tlon of Trustèes The management of the Charity is the responsibility of the Trustees who are self-nominoted and voted on by the silting trustees. Trustees are recruited when required through a pro¢oss of advertisin9 and pre applicaliori meellngs. Organl$atlanal structure and declslonwmaklng poll¢les The Ch8rity has a board ol Iruslees that the Responsible Person is accountable lo. There ale 2 Iruslees and a registered per50n.Truslg0s meet 3 limes per year lermly. A financial review lakes place al each ol the Termly Trustee meetings. d. Poll¢les adopted for tho Inductlon and tralnlng of Trust•o5 Appolnled trustees undergo an indu¢lion process and are menloTed in their first ar. Page 3
ST ANNE'S CHILD CARE GROUP TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 statement of Trustees. responslbllities The Trustees are responsible for preparing the Trusle8s' Report and the fin8nci81 slalernents in a¢cordance with appllcable law and Unitgd Kingdom AGcounlin9 Standards Iuniled Kingdom Generally Accapted Accounting Praclicel. The law applicable lo charities In England & Wales requirgs the Trustees lo prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charity and of ils incoming resources and application of resources. including its income and expenditure, for that period. In preparing these rinancial slalemenls, the Trusle8s are rgquired lo: select suitable accounting poli¢ies and then apply them consislenlly,. observe the methods and principles of the Charities SORP IFRS 1021- make judgments and accountlng esllmales that are reasonable and prudent- stale whether applicable UK Accounllng Standards IFRS 1021 have been followed. subject lo any maleilal ijepartures disclosed and explained in the finan¢ial slalements; prgpare the financial slalemenls on the going concem basis unless il is inappropriate to presume that the Charlty will continue in business. The Trustees are responsible for keeplng adequate ac¢ounling records that are sufficient lo show and explaln the Charity's transactions and disclose with reasonable a¢¢ura¢y at any lime the financial position of the Charity and enable them lo &nsure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports} Regulations 2008 and Ihe provisions of the Trust deed. They are also rgsponsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of th6 board of Trustees and signed on Ihelr behalf by.. R Turner (Chair of Trusleesl Dale.. i¥. L.zS Page 4
ST ANNE'S CHILD CARE GROUP INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Independent Examlner's Report to the Trustees of Sl Anne's Chlld Care Group I'tho Charlty'l I report lo the charity Trustees on my examination of the accounts of the Charily for the year ended 31 August 2024. Responsibilities and Basis of Roport As the Trustees of the Charity you ar8 responsible for th8 preparation of the accounts in accordance with the requSr8menls of tha Charities Act 2011 {'Ihe 2011 Act'l. I report in respect of my examination of the Charills 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 Charily Commission under se¢lion 14515llbl of the 2011 Act. Page 5
ST ANNE'S CHILD CARE GROUP INDEPENDENT EXAMINER'S REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Indepondent Examlngr's Statgment Your allentson is drawn lo the fact that the Charity has prepared the accounts in accordancg with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparSng their accounts in accordance with tho Financial Reporting Standard appll¢able in the UK and Republic of Ireland IFRS 1 Q21 in preference lo the Accounting and Reporting by Charities.. Slalement of Recommended Practice issued on 1 April 2005 which is referred lo in the exlanl rogulations but has been withdrawn. l understand that this has been done in order for tho a¢counls to provide a true and fair view in accordanc8 with the Generally Accepted Accounllng Practic8 effectlve for r8POrtlng periods beginning on or after 1 January 2015. I hav@ completed my examlnallon. I conflrm that no mallers have come lo my attention in connection wllh the 8xamSnallon giving me cause lo believe Ihal in any material respect-. accounting records were nol kept in respect of the Charity as required by section 130 of the 2011 Acl., OT the a¢¢ounls do not accord wllh Ihosg r&¢ords'. or the accounls do not Comply with Ihe appliGablts requirements concerning the form and conlenl of accounts sel out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihal the accounts give a 'lrue and fair view which is not 8 matter considered as part of an independent examlnation. I have no concerns 8nd have come across no olher mallers in connection with the examination lo which attention should be drawn in this report in order lo enablè 8 proper understanding of the accounts to be reached. Page 6
ST ANNE'S CHILD CARE GROUP INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 This report Is made solely to the Charity's Trustees. as a body, in accordance with Part 4 of th& Charitifjs (Accounts and Reports) Regulallons 2008. My work has begn undertaken so that I might stale lo the Charitls Truslees those mallers l am require(S lo slate lo them in an Independent Examinerfs Report and for no other purpose. To the fullest exlenl pgrmilled by law, I do not accept or assume responsibility to anyong other than the Charity and the Charitys Trustees as a body, lor my work or for this report. Signed.. Mark Dickinson Dated- FCA Shaw Gibbs (Audit) Limited Wfjy Court Wesl Union Road Farnham Surroy Gug 7PT Pag8 7
ST ANNE'S CHILD CARE GROUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrl¢ted funds 2024 Total funds 2024 Total funds 2023 Not• Income from: Donations and legaclos Charitable activities Inveslmants Other income 30 30 84,428 84,428 76.007 149 149 109 Total income 84,607 84,607 76,711 Exp&ndltur* on: Charflablè actlvlli8S 80,972 80,972 78,403 Total exp&ndlturg 80,972 80,972 78,403 Net Sncom&lloxpendltur•l before net galns on investments 3,635 3,635 (2,286J N•t movamant in funds 3,63S 3.635 (2,286) Re¢on¢lllatlon of funds: Total funds brought loNard Nel movement In funds 6,44S 3,635 6.445 3,635 8,731 f2,286J Total funds ¢arrled forward 10,080 10,080 6,445 The Slalemenl of Financial Actwilies includes all gains and lossas r&co9nlsed in the year. The notes on pages 10 10 19 form part of these financial slalements. Pag& 8
ST ANNE'S CHILD CARE GROUP BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Note Current assets Debtors dug within 1 year Cash al bank and in hand 12 1.351 11.421 313 8,472 12,772 8, 785 Creditors.. amounts falling due within one year 12,6921 {2,340J Net current assets 10,080 6,445 Total n•t a$$ot$ 10,080 6.445 Charity funds Reslricled funds Unreslricled funds 14 14 10.080 6,445 Total funds 10,080 6.445 Th8 financial stalgmenls were approved and authorised for issue by the Trusle&s and signed on their behalf by.. R Turner {Chair ol Truslegs} Dale.. Ig, 6.25 The notes on pages 10 to 19 form part of these financial statgmonls. Pagè 9
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 General Informatlon Sl Anne's Child Care Group is a regislored Charity, charity number 1196063. It5 registered offi¢e is Pinkerton Road, Basingsloke, RG22 6RE. A¢¢ountlng pollcl?s 2.1 Basls of preparatlon of financlal statèments The financial slalemenls have been prepared in accordance with the Charities SORP {FRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice appli¢able to Charities preparing their accounts in ac¢ordan¢e with thè Financial Reporting Standard applicab5è in the UK and Republic of Ireland IFRS 1021 leffectiva 1 January 20191, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102} and the Charllles Act 2011. The financial statements have been prepared lo give 2 'lrue and fair, wew and have departed from the Charilies IAccounls and Reports) RegLJlalions 2008 only lo the exlenl required lo provide a 'lrue and fail, view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the A¢¢ounting and Reporting by Charities.. Slalemenl of Recommended Practice effective from 1 April 2005 whlch has slnce been withdrawn. Sl Arine's Child Care Group meets the definilion of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised al hislorical Cosl or Iransaclion value unless otheise slaltrd in Ihe relevant accounting policy. 2.2 Golng ¢on¢em There are no material uncertainlles about the charlvs ablllty lo ¢ontlnu8 as a going concern. 2.3 Income All income is recognised once the Charity has enlitlement lo the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. Income lax recoverable in rolalbon lo investment income is recognised al the lime the inveslmenl incomo is re1Vable. Other income is re¢ognis8d In the period in which il Is Teceivablo and to the extent the goods have been provided or on complellon of the service. 2.4 Expendlturg Expenditure is recognised once there is a legal or conslruclivtr obllgalion lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in selllement and the amount of the obligation can be rreasured reliably. Expenditure is classified by activlly. The costs of 68ch aclivily are made up of the lolal of dir6cl Costs and shared costs, including support cosls involved in undertaking each aclivily. Direct costs allribulable lo a single aclivily are allocaled directly lo that activity. Shared ¢osls which contribute lo more than one a¢livily and SUPPDrt costs which ale not allribulable lo a single activity are apportioned between those activities on a basis Consistent with the usè of rasources. Central staff costs are allocated on the basis of Ilme spent, and deproclallon charges allocated on the portion of the asset's use. Page 10
ST ANNE'S CHILO CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 A¢countlng pollcle5 Icontlnuedl 2.4 Expendlture Icontlnued} Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charills objectives, as well as any associated support costs. l expenditure is in¢lusive of irrecoverable VAT. 2.5 Interest rocolvable Interest on funds held on deposit is included when recelvable and the amount can be measured reliably by the Charlly., Ihls is normally upon notification of the interest pald or payable by Ihg Inslilulion with whom the funds are deposited. 2.6 Debtors Tradg and other debtors are recognised al the selll8menl amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade di%counls due. 2.7 Cash at bank and In hand Cash al bank and in hand includes cash and short-lerm highly liquid inveslmènls with a short malurity of three months or less from the date of acqulsllion or oponing of the deposit or Similar account. 2.8 Liabillties and provlslon$ Liabilities are recognised when there is an obllgallon al the Balance Sheet date as a result of a past event, il 15 probablo Ihal a transfer ol economic benefit will be required in sèlllement, and the amount of the selllemenl can be eslimaled reliably. Liabilities are recognised al the amounl Ihal the Charity anlicipales il wll pay lo sellle the debt or the amount il has received as advanced payments for the goods or services il musl provide. 2,9 Pènslons The Charity operates a dafined contribution penslon scheme and the penS)n charge represents the amounts payable by the Charity to the fijnd in respect of the year. 2.10 Fund accountlng General funds are unreslricled funds which are available for us6 al the discretion of (he Trustees in furtherance of the general objectives of the Charity and which have not been desi9naled for other purposes. Investment income, gains and losses are allocated lo Ihg appropriate fund. Pagg 11
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Income from donatlon$ and legacles Unrestricted funds 2024 Total funds 2024 Total funds 2023 Donations 30 Income from ¢harStable actlvltles Unrestricted funds 2024 Total funds 2024 Funding Fees 78,097 6,331 78,097 6.331 84.428 84,428 Unrestricted fvnds 2023 Total funds 2023 Funding Fees 69,164 6,843 69,164 6.843 76.007 76,007 Paga 12
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Investment In¢ome Total funds 2024 Unr8slriclgd funds 2023 Total funds 2023 InlÈresl received Other Incomlng re$ourcg$ Unrestrlcted fund$ 2024 Total funds 2024 Unlfomi sales 149 Unreslricled funds 2023 Total funds 2023 Uniform sales IQ9 109 Page 13
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls ol expendlture on charltable a¢tlvltle$ Summary by lund type Unrostricted funds 2024 Total 2024 Charitable activities 80.972 80,972 Unreslrictad fvnds 2023 Total 2023 Charflable aclivllies Y8,403 78,403 Analy$l$ of oxpgndlture by activities Activltles undertaken directly 2024 Support ost5 2024 Total funds 2024 Charitable activities 73,964 7.008 80,972 Activities undertaken directly 2023 Support costs 2023 Total funds 2023 Charltable aclivllles 74.672 3,731 78,403 Page 14
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls of expenditure by activities {continued} Analysis of dlrect costs Charitable activities 2024 Totsl funds 2024 Staff costs Rent 57,294 15,000 170 751 57.294 15.000 170 151 1.349 Training Uniform Costs Supplies 1.349 73.964 73,964 Charilable aclivilios 2023 Total funds 2023 Staff costs 44. 107 25,000 T7 44, 701 25,000 77 Rent Training Uniform Costs Supplies 111 711 4, 783 4,783 74,672 74,672 Page 15
ST ANME'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls of expendllure by actlvllles Icontlnuedl Analy$l$ of support costs Charltabl •¢tlvltS$$ 2024 Total funds 2024 Legal and Professional Fees Bank Charges Audit and Accountancy Fees Insurance 3,904 32 2,748 324 3,904 32 2,748 324 7,008 7,008 Charitable activities 2023 Total funds 2023 Legal and Professional Fees Bank Charges Audit and Accountancy Fees 1,359 32 1,359 32 2,340 2,340 3,731 3, 731 Indepèndent examlnerf$ romungration The independent examiner's remuneration amounts lo an independent examiner fee of £2,748 12023 £2,340). 10. Staff costs 2024 2023 Wages and salarles Social security costs Contribution lo defined conlrlbullon penslon schemes 45,984 2.188 9.122 35.517 1.686 7,499 57,294 44,701 Page 16
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10, Staff costs (contlnuedl The average nurnber of persons employed by Ihg Charity during the yeor was as follows.. 2024 No. 2023 No. Average number of employees No employee reGeived remuneration amounting lo mor8 than £60,000 In ellher year. 11. Trustee5' remuneration and expen$¥$ During the year. no Trustees received any Temunerallon or other beneflls (2023- £NIL?. During the year ended 31 August 2024, no Trustee expensos have been incurred {2023- £NIL). 12. Debtors 2024 2023 Due wlthin one year Trade debtors 1,351 313 13. Cr•dltors: Amounts falllng wlihln ono yoar 2024 2023 Trade ¢redllors Accruals and deferred income 352 2,340 2,340 2,692 2,340 Page 17
ST ANNE'S CHILO CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 14, Statement of funds statement of funds - current year Balance at 1 September 2023 Balance at 31 August 2024 Incomg Expenditur Unrostrl¢tod fund$ General Funds 6,445 84,607 180.9721 10.080 Statement of funds - prlor year Balance al I S&plember 2022 Balance al 37 August 2023 Income Expendilur& Unrestrlcted funds Gèneral Funds 8,731 76,117 {78.403J 6,445 15. Analy51s of net assets betwgen funds Analysls of not assets between funds - current period Unrè$trlctod fund$ 2024 Total fund$ 2024 Current assets 12,772 12,6921 12,772 {2,692} Creditors due within one year Total 10,080 10,080 Page 18
ST ANNE'S CHILD CARE GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15. Analysis of net assets betweon funds Icontlnuedl Analy$ls of net assets between funds - prior period Unresfrlcled funds 2023 Tolal funds 2023 Currfjnt assols Creditors due within one year 8,785 (2,340) 8, Y85 (2,340) Total 6,446 6,445 16. Related party transactions The Charity Is closely Ilnked wllh Mother Teresa Calhollc Academy Trust. Durtng the year. Sl Anne's Child Care Group made the following payments lo Mother Teresa Catholic Academy Trust. 2024 2023 Rent and Management fees 15,000 25,OQO The Charity had Truslegs who were also direclors of Magna Groups Enterprises. During the prior year, St Anne's Child Care Group purchased services lotaling £237 from Magna Group Er)lerprises. 17. Controlllng party Th8 Charily Ss under the control of the trustees. Page 19