PROFESSIONAL ASSOCIATION FOR CHILDCARE AND EARLY YEARS

Charity Number: 295981
Charity is in administration

Charity overview

Activities - how the charity spends its money

The Professional Association for Childcare and Early Years (PACEY) is a standard-setting organisation. We promote best practice and support childcare professionals to deliver high standards of care and learning. Since 1977 we have provided high quality support to our members and worked with government, local authorities and others to raise standards.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£3,136,850

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Donations and legacies £0
Charitable activities £2.96m
Other trading activities £173.26k
Investments £29
Other £0

Total expenditure:
£3,073,482

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Raising funds £167.45k
Charitable activities £2.91m
Other £0

£0 investments gains (losses)

Total income includes £479,820 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £167.45k
Charitable expenditure £2.91m
Retained for future use £63.37k

People

38 Employee(s)

3 Trustee(s)

40 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 27 January 1987: Standard registration
  • 06 March 2017: Funds received from 1097815 MYCHILD & COMPANY
Organisation type:
Charitable company
Other names:
  • NATIONAL CHILDMINDING ASSOCIATION (Previous name)
  • NCMA (Previous name)
Company number:
02060964 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Investing charity funds 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
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Amy Page Chair 21 February 2018
None on record
Stephanie Douglas Trustee 17 July 2021
None on record
Sharne McLean Trustee 16 November 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £3.42m £3.40m £3.13m £3.23m £3.14m
Total expenditure £3.54m £3.46m £3.53m £3.90m £3.07m
Income from government contracts £350.73k £305.11k £433.13k £295.54k N/A
Income from government grants £578.00k £1.04m £651.52k £433.10k £479.82k
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £342.60k £247.93k £267.03k £204.24k £173.26k
Income - Charitable activities £3.07m £3.07m £2.86m £3.02m £2.96m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.18k £249 £71 £7 £29
Income - Other £7.09k £79.93k £2.95k £3.43k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.35m £3.35m £3.40m £3.80m £2.91m
Expenditure - Raising funds £191.50k £115.32k £135.49k £99.22k £167.45k
Expenditure - Governance £25.01k £25.01k £20.19k £20.46k £23.86k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £147.87k £513.69k £447.86k £326.90k £214.86k
Long-term investments £0 £3 £3 £3 £0
Other assets £1.26m £1.37m £1.12m £695.34k £730.48k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £525.41k £1.06m £1.15m £1.28m £1.04m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024
Accounts and TAR 31 March 2024
Annual return 31 March 2023
Accounts and TAR 31 March 2023
Annual return 31 March 2022
Accounts and TAR 31 March 2022
Annual return 31 March 2021 19 November 2021 On Time
Accounts and TAR 31 March 2021 19 November 2021 On Time Download Open in new window
Annual return 31 March 2020 11 November 2020 On Time
Accounts and TAR 31 March 2020 11 November 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 2/10/1986 AS AMENDED BY SPECIAL RESOLUTIONS DATED 19/09/1992, 24/11/2002, 16/11/2003, 13/11/2005, 29/09/2007, 26/09/2009, 25/09/2010 AND BY A CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 18/3/2013 AS AMENDED 8/11/14 as amended on 29 Oct 2022

Charitable objects

(I) TO PROMOTE THE PROVISION OF FACILITIES FOR THE DAILY CARE, RECREATION AND EDUCATION OF CHILDREN AND PARTICULARLY OF CHILDREN UNDER THE AGE OF 8 YEARS AND PROMOTE THE OBSERVANCE OF GOOD STANDARDS OF CHILDMINDING BY THE PARENTS OF SUCH CHILDREN AND ALL PERSONS AND ORGANISATIONS PROVIDING SUCH FACILITIES, AND (II) TO ADVANCE THE EDUCATION AND TRAINING OF CHILDMINDERS AND OTHER PERSONS AND ORGANISATIONS PROVIDING DAY CARE FACILITIES FOR CHILDREN AND PARTICULARLY OF CHILDREN UNDER THE AGE OF 8 YEARS AND TO CONDUCT RESEARCH INTO ALL ASPECTS OF THE CARE, RECREATION AND EDUCATION OF SUCH CHILDREN AND PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
F R P ADVISORY LLP
4 BEACONSFIELD ROAD
ST. ALBANS
AL1 3RD
Phone:
01727735239
Email:
ELLA.SUTTON@FRPADVISORY.COM
Website:

No information available