Finance Score: 6

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Fundraising costs low: +3

Dynamic board: +3

No supporters identified

Overall GiG Score: 9

DAISY AND RAINBOW CHILDCARE (TOTNES)

To enhance the development and education of children under statutory school age by providing high quality affordable care that will develop their individual capabilities, competences, skills and understanding and to encourage parents to understand and provide for the needs of their children

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be dynamic in terms of composition

Established: 8 years

www.rainbownurserytotnes.org.uk

finance@daisyplaycentre.co.uk

01803864737

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£573	£608	£-35	£1	£384	£384	7.6	29	2
31/03/22	£595	£537	£57	£1	£418	£418	9.3	34	0
31/03/21	£570	£483	£87	£0	£361	£361	9	35	0
31/03/20	£552	£480	£72	£0	£274	£274	6.9	34	0
31/03/19	£467	£472	£-5	n/a	n/a	n/a	n/a	n/a	4
31/03/18	£450	£429	£21	£0	£0	£0	n/a	0	0
31/03/17	£438	£377	£61	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 7.6 months
Net Current Assets/Spending: 8 months
Quick Ratio: 489.2

Asset Split ?

Listed activities

Education/Training
Other Charitable Purposes

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Devon,

Who it helps

Children/Young People
Other Defined Groups

Who works here?

29 employees
2 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

ALISON CAROL ROSE Appointed: 2005

DR SAOIRSE LYONS Appointed: 2022

DR MARY ELISABETH MCCARTHY Appointed: 2020

LIZ HOBBS RHANDI Appointed: 2021

MICHAEL WILLIAM FOSTER Appointed: 2015

MARIANNE PARKER (Chair) Appointed: 2020, Other trusteeship: BRIDGETOWN ALIVE,

ROBIN JAMES MORGAN-GLENDINNING Appointed: 2022

TIMOTHY JOHN BENNETT Appointed: 2022

Legal constitution

Charity registered in England & Wales on 02/11/2015, number: 1164217

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

7 returns made; all on time

Main office

Daisy & Rainbow Child Care
Pathfields
TOTNES
TQ9 5TZ

Objectives

'TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY PROVIDING HIGH QUALITY AFFORDABLE CARE THAT WILL DEVELOP THEIR INDIVIDUAL CAPABILITIES, COMPETENCES, SKILLS AND UNDERSTANDING AND TO ENCOURAGE PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN'

Data Sources