Finance Score: -1

Governance Score: -6

Support Score: 3

Poor Liquidity: -1

Only 3 Trustees: -2
Narrow trustee age band: -2
Very static board: -5
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: -4

GATEWAY (EDUCATION & CHILDCARE) TRUST LIMITED

The company was incorporated in 2003.Following an amalgamation with Gateway Nurseries Limited(registered charity number 1089821) on 1st April 2013, the charity has filed full financial statements for the subsequent financial years.The primary activity of the charity is to provide childcare facilities at the Gateway Centre,incorporating the pre-school nursery and out of school activities.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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
31/08/23		£713	£704	£9	£0	£315	£79	1.4	27
31/08/22		£605	£637	£-33	£0	£306	£70	1.3	27
31/08/21		£712	£678	£34	£0	£339	£103	1.8	34
31/08/20	*	£654	£642	£11	£0	£304	£68	1.3	37
31/08/19?		£1,008	£985	£23	£0	£293	£57	0.7	27
31/03/18		£626	£626	£0	£0	£270	£34	0.6	30
31/03/17	*	£602	£617	£-15	£617	£232	£-4	-0.1	29
31/03/16	*	£623	£587	£36	£0	£247	£11	0.2	28
31/03/15	*	£574	£601	£-28	£35	£211	£-25	-0.5	35
31/03/14		£605	£615	£-10	£23	£239	£2	0	27
31/03/13		£0	£17	£-17	£0	£0	£0	n/a	0
31/03/12	*	£0	£17	£-17	£0	£0	£0	n/a	0
31/03/11	*	£0	£17	£-17	£0	£0	£0	n/a	0
31/03/10	*	£326	£26	£300	£0	£0	£0	n/a	0
31/03/09	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a
31/03/08		£0	£0	£0	n/a	n/a	n/a	n/a	n/a
31/03/07	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 18%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 25%
Reserves/Spending: 1.4 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.9

Asset Split ?

Established: 20 years

gatewaynurseries@btconnect.com

01432851392

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Disability
Education/Training

GiG Classification

Financial or material assistance

How it operates

Provides services

Where it operates

Herefordshire,

Who it helps

Children/Young People
People With Disabilities
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 49-59

ANTHONY JOHN LARKIN Appointed: 2003, Occupation: Director

DANIEL SQUIRE Appointed: 2013, Occupation: Director

HELEN JUDITH PEARSON Appointed: 2013, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 04/02/2004, number: 1101914
Registered at Companies House on 01/09/2003, number: 04882693

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

13/12/2022 - Asset transfer in from GATEWAY NURSERIES
02/05/2024 - Asset transfer in from GATEWAY (EDUCATION & CHILDCARE) TRUST

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures

Filing Record

17 returns made; AR20: 35 days late, AR17: 0 days late, AR16: 1 days late, AR15: 40 days late, AR12: 20 days late, AR11: 24 days late, AR10: 2 days late, AR09: 367 days late, AR07: 258 days late,

Recent reorganisation events:

Asset transfer in from GATEWAY NURSERIES on 13/12/2022
Asset transfer in from GATEWAY (EDUCATION & CHILDCARE) TRUST on 02/05/2024

Main office

The Drift House
Stretton Court Farm
Stretton Sugwas
HEREFORD
HR4 7AR

Objectives

FOR THE BENEFIT OF THE COMMUNITY OF THE PARISH OF LUGWARDINE AND DARTESTREE AND THE NEIGHBOURHOOD (THE AREA OF BENEFIT)(1) TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH THE ACTIVITIES OF GATEWAY NURSERY;(2) TO PROMOTE THE CARE AND EDUCATION OF CHILDREN IN NEED OF CARE DURING OUT OF SCHOOL HOURS AND DURING SCHOOL HOLIDAYS;(3) TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS.

Defined Area of Benefit:

THE COMMUNITY OF THE PARISH OF LUGWARDINE AND DARTESTREE AND THE NEIGHBOURHOOD

Data Sources