EC Meeting Papers January 2018

EC PAPERS JANUARY 2018

How to find us

Easily reached by either road or rail (or by air from East Midlands airport just 30 minutes away), Quorn Grange Hotel is a useful base for guests wishing to visit the attractions in the area. In addition, the cities of Leicester and Nottingham are only a short distance away.

BY ROAD From the North : Leave the M1 at junction 23 (Loughborough) following signs for the A6 south (Leicester). Shortly after leaving Loughborough, turn off the A6 dual carriageway into Quorn. Go straight through Quorn. Wood Lane is a right turn, at the far end of the village, at the third mini roundabout. Quorn Grange Hotel is about a quarter of a mile further on, on the left. From the South : Leave the M1 at junction 21a and take the A46 Leicester western bypass (Newark). Turn left from the A46 onto the A6 dual carriageway, turning left at a small roundabout signposted Quorn/Mountsorrel. At the next roundabout, turn right towards Quorn. After about one mile, turn left into Wood Lane at a mini roundabout. Quorn Grange Hotel is about a quarter of a mile further on, on the left.

BY RAIL There are Midland Mainline services from London St Pancras to Sheffield which stop at Loughborough and Leicester.

BUS

The number 2 kinchbus, 126 and 127 bus runs from Leicester bus station to Quorn. The number 2 kinchbus, 126 and 127 bus runs from Loughborough town centre to Quorn.

Number 2 bus information

Number 126 / 127 bus information

Quorn Grange Hotel 88 Wood Lane Quorn Leicestershire LE12 8DB

Tel: 01509 412167 Fax: 01509 415621

EC Minutes November 2017

General Federation of Trade Unions

Executive Committee Minutes

November 17th 2017

Quorn Grange Hotel, Leicestershire

In attendance: Bro. Doug Nicholls, (Gen Sec), Sis. Claire Ryan, (Minute Taker).

Bro. Brian Linn, , Sis. Christine Miller, Bro. Freddie Seale, Bro. Brian Linn, Bro. Ronnie Draper, Bro. John McGowan, Sis. Sarah Woolley, Bro. Garry Elliott, Bro. Ian Lawrence, Sis. Theresa Easton, Sis Christine Bond, , Sis. Keeley Lipscombe, Bro. John Smith, Bro. Osher Williams, Sis. Maddy Radcliffe, Bro. Alasdair McDiarmid, Bro. Andy Darken.

Apologies: Sis. Angela Pratten, Bro. Robert Mooney, Bro. Colin Kirkham, Sis. Bindu Paul, Bro. John Toner, Bro. Manuel Cortes, Bro. Charlie Sarrell, Bro. Neil Crew, Bro. Steve Gillan, Sis. Ellie Peers, Sis. Philippa Childs, Bro. Roy Rickhuss, Bro. Robert Mooney, Sis. Janie Nicholl, Sis. Claire Jones, Sis. Yvonne Pattison.Bro. Nick McCarthy

Paperwork circulated for the meeting: Minutes of previous meeting, Financial and Accounts Information, General Secretary’s Report, Liberating Arts Festival Report, Education Officers Report, Morning Star Article, Acceptable use of Computing Policy, 2018 & 2019 Meeting Dates, EC Expenses Claim Form.

1. Matters arising from the Minutes.

No matters arising declared.

2.

Corrections to the minutes.

These were agreed as a true and accurate record.

3. Matters Arising from Previous Minutes.

1

EC Minutes November 2017

4.

Financial Position.

4.1 Bro. Nicholls gave a financial overview of GFTU, E.T, nursery and Hotel accounts and the strategy to create income to pay for Education and avoid drawing from capital. 4.2 Bro. Nicholls reported on the investment opportunities that had been investigated over the last five years. Extensive due diligence into a number of opportunities had eventually concluded that investment on the Quorn site was the favourable option and this was endorsed by the BGCM. This strategy, like all others needed constant review. 4.3 EC members discussed plans and complications involved with the new development which rested on a predicted income of £70k per annum from the new nursery, £85k from the housing development and £246k from the extended hotel.

4.4 6.3 Bro. Nicholls discussed the new build of the nursery and discussions that were held at the Finance and General Purpose’s meeting 7 th November 2017.

4.5 Bro. Smith introduced Sis. Wendy Cheung (Senior Finance Manager) who reported on the current nursery performance and confirmed that the nursery was struggling to perform due to high overheads and the negative effects of government funding.

4.6 EC members discussed the possible closure of the nursery and alternative

opportunities for the building and also re-employment opportunities for the twelve members of nursery staff and children’s alterative nurseries within the local area.

4.7 Bro. Smith reported that further discussion regarding the nursery’s position would take place during January’s Finance and General Purpose Meeting.

4.8 Sis. Cheung thanked to Bro. Linn for Funding Circle recommendation given at previous EC meeting.

4.9 Bro. Lawrence questioned if the high increase of business rates had been challenged and offered potential help and advice if needed.

4.10 Bro. Smith advised a new Finance and General Purpose Committee member was needed to replace Bro. Rickhuss due to his current workload.

Sis. Easton was appointed by EC approval to the Finance and General Purposes Committee.

Bro. Nicholls to send email confirmation of the nursery decision to all EC members after the next Finance and General Purpose meeting taking place 14 th December 2017.

5.

Proposal on Affiliation Fee 2018

5.1 Bro. Nicholls reported that affiliation fees are 98p per member per year. The Finance and General Purpose committee recommended to keep the fee for 2018.

2

EC Minutes November 2017

EC Members agreed.

6. Budgets 2018

8.1 Bro. Smith reported how the Hotel and Nursery Directors work and budgets are approved.

EC Members approved budgets.

7.

Issues from Affiliates.

7.1 EC members raised issues that they and their unions were currently facing.

7.2 Bro. Lawrence reported on probation service and the major Panorama exposure highlighted the appalling situation following privatisation.

7.3 Bro. Lawrence reported how providers were failing and welcomed Jeremy Corbyn’s pledge to put the probation service back into public ownership.

7.4 Bro. Draper reported on the current signing with Warburton’s of a ground breaking agreement.

7.5 Bro. Draper reported on the current dispute with USDAW and TUC dispute committee.

7.6 Sis. Woolley reported on the ongoing McDonalds strike and confirmed that a two year strategy and planning meeting had taken place. There was now a two year plan in place and the possibility of further strikes to campaign for young workers would take place in the future. 7.7 Bro. McGowan reported on the Social Workers campaign and there would be a meeting in the Lords next month. Bro. McGowan reported on the Anti Austerity group launch taking place November 30 th in Manchester.

7.8 Bro. Nicholls reported that the Social Workers Union had increased their membership by 50% during 2017.

7.9

Sis. Radcliffe reported on issues faced within the music industry.

7.10 Bro. Darken reported on internal disputes at TUC.Violence in prisons, event 5 th December. Panorama undercover investigations

7.11 Sis. Bond reported on the successful agreement with freelance members after 5/6 years of negotiations. Sis. Bond reported on the media campaign and Prospect’s involvement with Brexit. 7.12 Bro. Elliott reported on the changes with Nautilus International over the next 12 months. Croatia 17,000 more members and the development of a genuinely international union.

3

EC Minutes November 2017

7.13 Bro. Williams reported on the PFA one day course taking place 28th January 2018 at Quorn Grange and gave an overview of the course content which incorporates interactive workshops and guest appearances. 7.14 Sis. Radcliffe gave an overview of the Musician’s Union one day course taking place 18 th February 2018 at Quorn Grange Hotel and asked EC members to promote within their unions.

7.15 Bro. Seal reported on the Scotland oil rigs and turbines struggle to save jobs.

Bro. Smith proposed to keep EC ‘raising issues’ on future EC meeting agendas.

EC members agreed.

8. Certification Officer Levy 8.1 Bro. Nicholls reported on the proposals for the implementation of the Certification Levy charges under the Trade Union Act 2016.

8.2

EC members discussed to challenge the Certification Levy.

8.3

Bro. Smith proposed to put a late submission in as no consultation document or

correspondence had been received.

EC Members agreed to challenge.

9. New Build Project.

See General Secretary’s Report.

9.1 Bro. Tim Marshall (Hotel Manager) reported on the upcoming new build development.

9.2 Bro. Marshall discussed feasibility budgets and the overall plan of the development.

9.3 Bro. Marshall reported on the need to be able to cater for larger weddings.

10. Education Officers Report.

10.1 Bro. Callow (GFTU Education Officer) gave an overview of his written report.

EC members discussed the Vietnamese visit.

11. Next Education Programme.

11.1 Bro. Callow reported that there had been positive relationships gained with Northern College and Leeds Beckett University.

11.2 Targets and plans for 2018 is to set calendar and specifically target activities.

12. General Secretary’s Report.

Bro. Nicholls reported on the Liberating Arts Festival

Sis. Easton gave positive feedback on the event and workshops that were involved.

4

EC Minutes November 2017

Bro. Williams’s stated the Arts play an important role within the Trade Union movement and the importance of history

General Secretary’s report was discussed and approved by EC members.

13. Any other Business.

13.1 Bro. Linn reported that that training for reps dates had been given.

13.2 Bro. Linn discussed the GDPR Shared Services possibility.

13.3 Bro. Linn reported that the homeless campaign ‘sleep out’ was taking place 9 th December.

EC agreed to contribute £500 from the campaign fund.

13.4 Bro. Mcgowan reported on the anti-austerity campaign and offered to share the campaign pack to affiliates.

EC agreed to also contribute £500 from the campaign fund.

13.5 Bro. Smith discussed the possibilities of an International Study Visit for EC members and partners. Potential destinations included Hollywood, America and Poland.

EC members agreed for discussions to continue in 2019

The meeting closed 5.30pm

5

January 2018 EC Mailing.

List of Papers.

List of papers.

Calling Notice

Minutes of the November 2017 EC meeting.

General Secretary’s Report.

Education Officers Report.

Finance Papers: 14.

GFTU Investment Portfolio report.

General Secretaries Speech on support for the Kurds, EU Parliament Conference, December 2017.

Morning Star article on Vietnamese exchange.

Larry Elliott article on Brexit.

Aditya Chakrabortty article on current situation.

Youth Service Bill.

Union Building Conference Programme.

General Federation of Trade Unions.

Executive Committee Meeting.

AGENDA

January 24 th , 2018.

1

Declaration of Any Other Business.

2

Apologies.

3

Minutes of the Previous Meeting, Corrections, Adoption.

4

Matters Arising.

5

Issues facing unions in 2018. Unions to report.

6

The Union Building Conference.

7

GFTU Financial Position.

8

General Secretary’s Report.

9

Education Officers’ Report.

10

Any Other Business.

General Secretary’s Report.

January 2018.

1

Introduction.

Despite the Christmas leave period and some sick leave it has been a very busy and eventful period since the last EC in November.

1.1

Nursery

The Finance and General Purposes Committee considered carefully the position of the current and proposed new nursery. Our discussions were assisted by professional nursery valuer Richard Green from Christies, Deborah Lawson from VOICE, a former early years manager and current representative of nursery staff, the nursery manager Gemma Sheppard and Operations Manager Ian Richards. The Head of Finance and Senior Finance Officer had also produced a number of studies and reports. The result of the detailed discussions was that the F&GP did not see that the building of the new nursery was a viable option and that therefore the current nursery should be closed. At risk letters were issued to staff to commence discussions on alternatives and letters were issued to parents.

The Operations Manager is managing this process.

1.2

Hotel

While volume of business and levels of occupancy have risen, cost effectiveness and the business the model has not improved and there have been some significant cash flow issues. I have asked the hotel senior management team to report to directors as a matter of urgency.

The special trade union offer at the hotel has not been taken up.

1.3

New Build

The extensive documentation for the construction tender process has now been prepared and circulated. Tenders are due by January 25 th and will be considered at a special meeting including the GFTU President on January 29 th

It is important to keep all aspects of our future planning under close scrutiny and constant review.

You will note from the investment report on our portfolio that its performance has been very good generating some £60k a month. In essence the strategic decision of the GFTU Is to move away from market investments, however temporarily good their performance may be, and to invest in our own buildings and land at Quorn. EC members will note that the whole purpose of our investment strategy is to avoid spending progressively more each year out of our capital. It is a commercial exercise in the social enterprise context.

1

With the Head of Finance I have been modelling the future prospects of the GFTU’s finances under the new build arrangements and will bring a further paper on this to the EC. We have also looked at the profitability of the hotel. It is my responsibility as General Secretary and Treasurer to advise the EC on financial performance and prospects. Bear in mind that it no longer looks viable to build the new nursery building and that if we were to build that building and dedicate it to another use we would require planning permission (which could take a while), then our potential income generation per annum on the Quorn site is £85k from the houses and a predicted £246k from the hotel. I am not entirely confident at this stage with the hotel prediction and have requested a further review of it. Even if this amount were achieved a £331k per annum profit from the Quorn site would still potentially leave us with £150k per annum to find from our capital to sustain the current level of free education and other services. Our total capital would be reduced by then because it would only be sensible to pay for the new build at Quorn entirely from our current reserves. Taking out a loan on the new build all or part would make no sense at all.

Closer consideration of this position will be needed on the basis of a further paper at the EC.

I will be meeting our financial advisor also in early February.

2

International

2.1

Kurdish Question and Free Ocalan.

I was asked to speak at the Annual world conference held in the EU Parliament on the Kurdish Question and the Free Ocalan campaign. I attach my speech. The support of the British Trade Union Movement is much appreciated. I would propose that the GFTU donates £500 to the Freedom for Ocalan Campaign which is entirely trade union based and results from the TUC and GFTU work and policies.

I would encourage all affiliates to support this campaign.

2.2

Vietnam.

Four senior colleagues from the Vietnamese General Confederation of Labour, their TUC< joined us for a full week to consider mainly health and safety at work. The Education Officer organised a number of informative and high level meetings for them and the VGCL considered this a successful visit with a lot of learning taking place.

The Vietnam UK network gave some financial assistance to this visit.

The Morning Star covered the exchange in a feature. Attached.

The delegation were also able to have a discussion with the AEGIS General Secretary Brian Linn.

The next stage of this exchange is to send health and safety experts to Vietnam to train their health and safety trainers. I understand that such an invitation may be forthcoming in 2018. As a member of the Vietnam UK network I attended the recent dinner at the House of Lords celebrating 5 years of the network and 45 years of diplomatic relations between the UK and Vietnam. Relations are now at their highest level and extensive trade and development with

2

Vietnam is taking place. We can be proud that the GFTU has played its part in these developments by restoring relationships with the Vietnamese trade union movement which is something they appreciate. Thanks should go to a number of colleagues from affiliates and others for the time and effort they put in to make this visit a success.

2.3

Latin America.

The Adelante Conference was a great success and I was pleased to chair the session on Venezuela.

Venezuela .

I have continued to support Venezuela Solidarity in promoting information about the real situation in Venezuela.

2.4

China.

Another trade union delegation of 6 people will visit Quorn on January 22 nd .

2.5

Formac and Poland.

The President and Vice President will represent us at a forthcoming meeting in Warsaw to consider the trade union education projects we have been involved in and the potential forthcoming EC International Study visit to Poland.

3

Affiliates and Non Affiliates.

3.1

Communication Workers’ Union.

The CWU held a very successful event for younger trade unionists at Quorn. I attended part of the event as did one of our younger EC members and some members from our affiliates.

I have invited Dave Ward the General Secretary of CWU to attend our Union Building Conference.

3.2

Nautilus International

Discussions are being held with Nautilus about our education programme.

3.3

Prison Officers Association.

I will be able to report on the results of our tender for the POA finance work at the EC.

I will also be providing some training for the POA this year.

3.4

VOICE.

VOICE have been very helpful to us in our consideration of our nursery issues and I understand they may intend to apply for affiliation.

3.5

PCS.

Over this period the work on an in depth review of the PCS education has been completed.

3

3.6

TSSA

Discussions with TSSA have been held concerning new Service Level Agreements in finances and education management.

3.7

RMT and Unite.

It should be noted that both the RMT and Unite put considerable effort also into hosting our Vietnamese delegation through their health and safety teams.

Several of our own affiliates put a great deal of effort in also.

3.8

PFA and MU days.

I hope affiliates will support the forthcoming PFA and MU Open Days.

3.9

ASLEF.

The ASLEF General Secretary will be meeting me at Quorn at the end of the month to continue discussions and visit the hotel.

3.10

Podiatrists.

The podiatrists union has made their first booking at Quorn.

3.11

CSP.

The CSP has placed all of their training business with Quorn.

3.12

Association of Labour Councillors.

I understand that the first booking for this group at Quorn is being made.

4

Campaigning and Lobbying.

4.1

Youth Service.

Following a very successful parliamentary drop in before Christmas, as Chair of Chooseyouth, I have met with a number of MPs to ensure that there is a full parliamentary campaign this year on the Youth Service and that in particular the Labour Party makes an explicit commitment in this manifesto to a statutory Youth Service.

Could I request that all affiliates lobby Jeremy Corbyn on this issue also.

A copy of the bill we have drafted which will be presented as a ten minute bill in this parliamentary term is attached.

4.2

Shout Out.

John McDonnell’s and Jeremy Corbyn’s Office have contacted us seeking support for a new project to provide political education in schools. I have indicted in principle strong support for this and made the observation that the curriculum intended requires more of an element on trade unions.

4

It is likely that the cost of a full year of delivery of this curriculum in schools will cost £2,000, which is good value, but I await further details. I have asked the Education Officer to keep a watching brief on this work and the Operations Manager will review the curriculum materials.

4.3

Scrapping anti Union Laws.

The GFTU Is supporting the Institute of Employment Rights work to see the adoption of a new manifesto for labour law and scrapping the anti union laws.

4.4

Anti Austerity Campaign BASW/SWU.

I addressed the conference of this campaign in Manchester and our sponsorship will enable a new campaign pack to be disseminated to affiliates.

5

Other Issues

5.1

The real economy

I attach an article I wrote recently on the real economy.

I also attach what I considered to be two excellent articles, one by Larry Elliott, the other by Adjita Chakrabaty.

5.2

Workable Books.

Our first two publications are out there. I hope affiliates will promote them.

We are discussing the next publications and I have been working with Sean Wilson and Robert Brown on a graphic novel on the history of our movement.

I will be speaking at the Mary Quaile Club in May on our book on trade union related plays.

5.3

Ruskin College.

I am Vice Chair of Ruskin College. This has been a busy period with several difficulties to discuss with the senior management, but progress and a stronger financial position has been achieved. I am keen to see a constitutional and structural review at Ruskin. We are working with Ruskin to develop a trade union officials’ apprenticeship. Ruskin has also been awarded funding to support apprenticeships in other occupations that may be of interest to unions.

5.4

Northern College.

Our courses at Northern continue to be successful.

Northern has been awarded some government funding for training that may be of benefit to unions. I will report at the meeting.

5.5

Jack Gould Tribute

I was Secretary of the Coventry Trade Union Council 1984-1994. The former Treasurer of the Trades Council, Jack Gould, a lifelong activist in the Engineering union, recently passed away and I was asked to do the tribute to him. This was filmed and will be published.

5

5.6

Phil Lenton.

I am sad to report that after the loss of two great NUPE/UNISON leaders Rodney Bickerstaffe and Roger Poole, another NUPE colleague from the North East passed away, Phil Lenton. Phil achieved many great things over the years, particularly for low paid public sector workers, and was a mainstay behind the scenes of the Durham Miners’ Gala. Phil organised the first physical breaking of the Cuba blockade by organising a ship, called Salud, Health, to take a huge array of goods to Cuba from ambulances to play equipment and machinery, all donated by the trade union movement here. I was unable unfortunately to attend the funeral. I passed on our condolences to his family and union colleagues.

5.7

Training the trainers

I have worked with Leeds Beckett University and Newman University to produce the curriculum materials for the new courses.

5.8

PCS Review.

The first draft of the PCS education review has been submitted. This has been an interesting project and I drafted the report.

5.9

Project 120.

The GFTU is 120 years old in 2019 and a meeting will be held to progress work to commemorate and celebrate this.

5.10

Ethical shop.

This has not been widely advertised amongst affiliates.

5.11

Donation of books.

Former President of the Writers Guild of Great Britain William Ash donated some copies of his novels to me. I have donated these to the Education Trust. Any sales will benefit our education work.

5.12

Homelessness campaign sponsorship.

Our sponsorship of this campaign in Edinburgh was appreciated and the event was held.

5.13

Pension Scheme.

The investments remain strong. See attached.

The new deed is coming into effect with the new Trustees structure.

Bro Brian Linn will be the new Trustee.

The next meeting is on March 6 th in London.

Myself and the Head of Finance are producing a members’ newsletter.

The next valuation is not far away!

We are in discussions with the actuaries about any necessary work and costs this year.

__________________________________

6

Education Officer’s Report

January 2018

The visit of four senior officers from the VGCL (Vietnamese Confederation of Trade Unions), from 11 – 17 December, was a great success. Thanks, in particular, are due to the GMB, Unite, Aegis and RMT unions and to Thompson’s Solicitors; who gave freely of their officers’ time and expertise. The focus of the visit was Health & safety in the Workplace, and the itinerary included a visit to the TUC; the second largest quarry workings in the UK, and training on all aspects of H&S law and best practice. The Morning Star ran a feature on the visit (18/12/17) and the task, now, is to build upon the firm links established with the VGCL. Calton Books in Glasgow are now placing regular orders for GFTU stock and there is a burgeoning relationship with Five Leaves in Nottingham. The Liberating Arts Festival, though scaled back in terms of its programme, went ahead as planned; built positive new relationships with partners in the fields of arts and culture, and delivered on its learning outcomes. Meetings have been held with ILM in order to resolve historic issues over the delivery of the programme. An initial TU management course has been scheduled, for GMB Birmingham & West Midlands, at the end of February. A new contracted has been signed with Learning Pool, covering provision of the service for the next 6 months. The end of the 2017-18 programme of Formac is due to be finalised, in Warsaw, 27-28 February, and a new 2018-19 strategy, requiring GFTU involvement, set out. The first of the new customised TSSA courses are set to come on stream in March; a SLA is due to be signed between GFTU and the union at the end of January. The ‘Learning to Teach in Trade Union Education’ and the post-graduate ‘Principles of Effective Trade Union Education’ run in partnership with Leeds Beckett University and Newman College have been rescheduled for Easter and the autumn, respectively. GMB London Region, NAPO, BFAWU and the SWU have all expressed interest in customised training days. The relationship with Northern College continues to grow, and Northern are now attending both the Education Officers’ meetings and the Union Building Conference in February. The immediate staffing and administrative situation has been stabilised with the appointment of Ros Hartshorn as Education Administrator. The GFTU core courses and the History dayschools continue to register minimal interest, with only one of the projected session’s going ahead. There was interest, among POA members, in both Work is ongoing with the publication schedule for Workable book titles for 2018. The tender and re-writing of the PCS contract for education is ongoing. A talk was given to a very well-attended meeting of the Lincoln Labour Party (4/12) on Keir Hardie.

‘Introducing ACAS’ and ‘Health & Safety Officers’ (11 & 12 December, respectively) but with only 4 applications per course these, too, were shelved.

Those courses which ran, were:

Health & Safety Stage 1, 9-13 October, Northern College (17 attendees)

Experienced Reps, 11-12 November, Quorn (7 attendees)

Shop Stewards Stage 2, 20-24 November, Northern College (19 attendees)

Health & Safety Stage 2, 4-8 December, Northern College (3 attended – 4 late cancellations)

QUORN GRANGE NURSERY FINANCIAL OVERVIEW (Jan 17 to Nov 17)

NURSERY SALES 2014-2017 January

February

March 20,458 22,346 18,760 20,618

April

May June

July August September October November Totals

2014 2015 2016 2017

20,002 21,255 15,481 20,624

21,241 22,944 18,558 20,621

21,173 22,193 24,411 22,890

21,382 21,979 15,960 16,218 21,667 21,715 21,955 223,750 21,277 33,354 27,332 22,635 20,411 20,955 20,477 255,180 24,635 24,159 18,466 18,842 12,731 14,281 15,866 206,190 25,463 25,174 26,305 29,653 22,140 23,189 15,030 251,707

NURSERY NET PROFIT/(LOSS) PRIOR YEAR COMPARISONS 2014-17 January February March April

May June

July August September October November Totals

2014 2015 2016 2017

3,093 6,151

5,378 3,749 (886) 1,897

6,602 5,642

2,930 6,978 3,004

3,163 4,124 614

(1)

4,758

4,744 5,816

4,755 4,570

40,159 83,088

4,507 17,904 12,299 7,690 7,782

(2,131)

(2,916) (16,988)

3,998 7,503 1,924 1,190

(6,774) (2,322)

(2,584)

(3,257) (10,626)

(928)

1,585

(3,321)

(1,148) (2,079)

(128)

7,307

(486)

(26,310)

NURSERY BUDGET v ACTUALS NET PROFIT/(LOSS) 2017 January February March

April 3,002

May June

July August September October November Totals

2017 BUDGET 2017 ACTUAL

1,287 1,585

2,502 1,897 (605)

972

1,355 1,184 3,338 4,419

116

398

1,625

18,573

(16,988) (17,960)

(3,321) (6,323)

(1,148) (2,079) (2,503) (3,263)

(128)

7,307

(2,322)

(486) (884)

(10,626) (12,251)

(26,310) (46,508)

Variance

298

(3,466)

2,888 (2,438)

YTD OVERALL PRIOR YEAR ANALYSIS NURSERY NET PROFIT/(LOSS) 2014 2015 2016 2017 Nursery 35,404.89 78,518.05 2,328.18 (26,309.84)

Actual Nursery Sales 2015-2017

40,000

35,000

0 0 0

30,000

13862.37

13862.37

25,000

2015

20,000

2016

2017

0 0 0

15,000

10,000

-9387

-9387

5,000

0

January

February

March

April

May

June

July

August

September

October

November

Nursery Sales

January

February

March

April

May

June

July

August

September October November

Total

2015 2016 2017

21,255 15,481 20,624

22,944 18,558 20,621

22,346 18,760 20,618

22,193 24,411 22,890

21,277 24,635 25,463

33,354 24,159 25,174

27,332 18,466 26,305

22,635 18,842 29,653

20,411 20,955 12,731 14,281 22,140 23,189

20,477 15,866 15,030

234,703 190,324 236,677

Budget vs Actual 2017

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Total

Budget Actual

22,000 20,624 (1,376)

22,878 20,621 (2,257)

22,000 20,618 (1,382)

23,404 22,890

22,351 25,463

22,351 25,174

22,355 26,305

23,308 29,653

19,500 20,377 22,140 23,189

22,000 15,030 (6,970)

220,524 236,677 16,153

Variance Growth

(514)

3,112

2,823

3,950

6,345

2,640

2,812

7%

Nursery Fee Revenue: Budget vs Actual 2017

35,000

30,000

25,000

20,000

Budget

15,000

Actual

10,000

5,000

0

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

NURSERY BUDGET v ACTUALS NET PROFIT/(LOSS) 2017

January

February

March

April

May

June

July

August

September October November

Total

BUDGET ACTUALS Variance

1,287 1,585

2,502 1,897 (605)

972

3,002

1,355

1,184

3,338 (128)

4,419 7,307 2,888

116

399

1,625

18,573

(16,988) (17,960)

(3,321) (6,323)

(1,148) (2,503)

(2,079) (3,263)

(2,322) (2,438)

(486) (885)

(10,626) (12,251)

(26,310) (44,883)

298

(3,466)

Nursery Net Profit/(Loss): Budget vs Actual 2017

10,000

0

0

0.00

22,634

5,000

(0)

January

February

March

April

May

June

July

August

September

October

November

BUDGET

(5,000)

ACTUALS

(10,000)

(15,000)

(20,000)

QUORN GRANGE DAY NURSERY SUMMARY

Nov-17 Nursery

YTD Nov 17

YTD Oct 17

Nursery

Nursery

£

£

£

Net Profit/(loss)

(10,626)

(26,308)

(15,682)

Adjust for Expenses not budgeted: Gift Aid GFTU

4,000 1,800

44,000 19,800 37,492 20,000

40,000 18,000 42,318

GFTU Salary Contribution Trading Profit/(Loss) Budgeted Profit/(loss)

(4,826)

1,625

18,375

QUORN GRANGE DAY NURSERY MANAGEMENT ACCOUNTS BALANCE SIEET REVIEW

Nursery

Nursery

Nursery

Nursery

Nursery

Nursery

Nursery Nursery Nursery Nursery Nursery

BALANCE SIEET

As at

As at

As at

As at

As at

As at

As at

As at

As at

As at

As at

30-Nov-17 31-Oct-17 30-Sep-17 31-Aug-17 31-Jul-17

30-Jun-17 31-May-17 30-Apr-17 31-Mar-17 28-Feb-17 31-Jan-17

Fixed Assets Furniture and Fixtures

8,956 8,956

9,135 9,135

9,315 9,315

9,494 9,494

9,674 9,674

9,853 10,032 9,853 10,032

10,212 10,391 10,751 10,750 10,212 10,391 10,751 10,750

Total Fixed Assets

Current Assets Debtors

17,728 15,405

21,072

28,045

35,506

31,676

32,424 33,517

30,974 30,613 32,640 28,539

Other Debtors GFTU

5,000 1,385

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

Prepayments & Accrued Income LCC

1,259

(9,303) 90,038 13,090

(18,605)

(27,908)

(8,876)

(8,739)

(17,721)

0 (5,117)

(10,235)

Due to/ from Hotel & Nursery

73,037 10,044

81,313 18,976

98,613

92,339 17,628

89,673 87,466

96,483 79,271 94,392 101,310

Bank

1,471 1,676

0 0

0 0

0 0

0 0

0 0

0 0

Cash at Bank

0

0

0

0

Petty Cash

150

150

150

150

150

150

150

150

150

150

150

Total Current Assets

117,623

127,896

127,021

123,810

118,885

118,371 117,394 114,886 115,034 127,065 124,764

Current Liabilities Trade Creditors

3,156 1,250

7,030 1,250

2,725 1,250

937

5,151 1,250

7,669 1,250 9,000 3,329

7,042 1,250 7,500 2,652

5,173 1,250 6,000 2,919

3,896 1,250 4,500 2,475

3,515 1,250

3,463 1,250

Accruals

1,250

Other Creditors due to GFTU gift Aid

16,000

12,000

16,000

12,000

10,500

0

0

PAYE, NIC & Pension Payable

5,673

5,624

4,804

4,807

4,917

2,947

2,407

Total Current Liabilities

(26,079)

(25,904)

(24,779)

(18,994)

(21,818)

(21,247) (18,444)

(15,341)

(12,121)

(7,712)

(7,119)

Creditors due > 1 Year Intercompany Loans

0

0

0

0

0

0

0

0

0

0

0

Net Assets

100,501

111,127

111,557

114,310

106,741

106,976 108,982 109,756 113,303 130,291 128,394

Capital & Reserves Reserves b/fwd Charge for period

126,809 (26,308) 100,501

126,809 (15,682) 111,127

126,809 (15,252) 111,557

126,809 (12,499) 114,310

126,809 (20,068) 106,741

126,809 126,809 126,809 126,809 126,809 126,809

(19,833)

(17,827)

(17,052)

(13,505)

3,483

1,586

106,976 108,982 109,757 113,304 130,292 128,395

1

Page:

Date: 18/12/2017

Quorn Grange Day Nursery Ltd

Time: 10:23

Profit & Loss by Department (Advanced Budget and Variance)

All

Period From:

2017 Month 11, November Year:

Department:

Period To:

Month 11, November

Chart of Accounts: Detailed Accounts

Actual

Budget

Variance

Sales Nursery Fee Income

15,030.44

(6,969.56)

22,000.00

15,030.44

22,000.00

(6,969.56)

Purchases Interco-Nursery Meals

1,900.75

1,069.25 (339.12)

2,970.00

Food Purchases third party

339.12

0.00

2,239.87

2,970.00

730.13

Direct Expenses Wages & Salaries Employers Pension

14,068.13

(313.13) (223.65)

13,755.00

223.65

0.00

14,291.78

13,755.00

(536.78)

Gross Profit (Loss):

(1,501.21)

5,275.00

(6,776.21)

Overheads Cleaning & Laundry

154.26

(154.26)

0.00

Advertising & Marketing

13.80

436.20

450.00

Stationery

512.16

(512.16) 341.66 (68.58)

0.00

Postage

8.34

350.00

Repairs & Maintenance

68.58 50.00

0.00

Water Rates

0.00

50.00

Rates & Insurance Creative Supplies Electricity & Gas Waste Management

525.92 366.10 350.00 464.00

(25.92) (366.10)

500.00

0.00

150.00 136.00 150.00

500.00 600.00 150.00 200.00 350.00 200.00

Pest Control Staff Training

0.00

300.00 224.46

(100.00)

IT Charges Audit Fees

125.54 200.00

0.00

GFTU Salary contribution

1,800.00

(1,800.00)

0.00

Depreciation

179.40

(29.40)

150.00 100.00

Subscriptions & Donations Softwear Subscriptions

4,000.00

(3,900.00)

108.00

(58.00)

50.00

9,125.02

3,650.00

(5,475.02)

Net Profit (Loss):

1,625.00

(12,251.23)

(10,626.23)

1

Page:

Date: 18/12/2017

Quorn Grange Day Nursery Ltd

Time: 10:23

Profit & Loss by Department (Advanced Budget and Variance)

All

Period From:

2017 Month 11, November Year:

Department:

Period To:

Month 11, November

Chart of Accounts: Detailed Accounts

Actual

Budget

Variance

Sales Nursery Fee Income

15,030.44

(6,969.56)

22,000.00

15,030.44

22,000.00

(6,969.56)

Purchases Interco-Nursery Meals

1,900.75

1,069.25 (339.12)

2,970.00

Food Purchases third party

339.12

0.00

2,239.87

2,970.00

730.13

Direct Expenses Wages & Salaries Employers Pension

14,068.13

(313.13) (223.65)

13,755.00

223.65

0.00

14,291.78

13,755.00

(536.78)

Gross Profit (Loss):

(1,501.21)

5,275.00

(6,776.21)

Overheads Cleaning & Laundry

154.26

(154.26)

0.00

Advertising & Marketing

13.80

436.20

450.00

Stationery

512.16

(512.16) 341.66 (68.58)

0.00

Postage

8.34

350.00

Repairs & Maintenance

68.58 50.00

0.00

Water Rates

0.00

50.00

Rates & Insurance Creative Supplies Electricity & Gas Waste Management

525.92 366.10 350.00 464.00

(25.92) (366.10)

500.00

0.00

150.00 136.00 150.00

500.00 600.00 150.00 200.00 350.00 200.00

Pest Control Staff Training

0.00

300.00 224.46

(100.00)

IT Charges Audit Fees

125.54 200.00

0.00

GFTU Salary contribution

1,800.00

(1,800.00)

0.00

Depreciation

179.40

(29.40)

150.00 100.00

Subscriptions & Donations Softwear Subscriptions

4,000.00

(3,900.00)

108.00

(58.00)

50.00

9,125.02

3,650.00

(5,475.02)

Net Profit (Loss):

1,625.00

(12,251.23)

(10,626.23)

Quorn Grange Day Nursery Ltd

Date: 18/12/2017 Time: 10:24:09

Page: 1

Profit and Loss (Monthly Breakdown)

From: Month 1, January 2017 To:

Month 11, November 2017

Chart of Accounts:

Detailed Accounts

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Totals

Sales Nursery Fee Income

20,624.11

20,621.33

20,617.97

22,889.55 25,463.47 25,174.00 26,305.23 29,283.79 22,140.45 23,165.11 15,030.44 251,315.45

Event Income

0.00

0.00

0.00

0.00

0.00

0.00

0.00

362.69

0.00

0.00

0.00

362.69

Other Income

0.00 30.67 20,624.11 20,621.33 20,617.97 22,889.55 25,463.47 25,174.00 26,305.23 29,653.15 22,140.45 23,189.11 15,030.44 251,708.81 0.00 0.00 0.00 0.00 0.00 0.00 6.67 0.00 24.00 0.00

Purchases

Interco-Nursery Meals Food Purchases third party Food Supplies

1,548.75

1,630.00

2,356.07

2,092.59 3,187.52 1,711.00 2,382.36 2,206.70 1,752.85 2,143.84 1,900.75 22,912.43

375.04

255.96

392.57

483.13

411.18

303.85

397.03

297.09

411.85

424.18

339.12 4,091.00

29.65 305.87 2,027.28 1,951.73 2,778.29 2,682.68 3,598.70 2,014.85 2,779.39 2,503.79 2,164.70 2,568.02 2,239.87 27,309.30 65.77 103.49 106.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Direct Expenses Wages & Salaries

14,760.23

14,614.86

13,150.94

15,362.44 14,354.64 14,361.25 14,486.13 12,482.63 13,062.74 13,935.98 14,068.13 154,639.97

Employers Pension

331.42

283.10

247.06

255.93

225.87

227.77

227.77

224.06

227.77

222.82

223.65 2,697.22

Uniforms

0.00

0.00

0.00

46.27

0.00

134.46

0.00

0.00

0.00

0.00

0.00

180.73

Sessional Pay

0.00 39.65 15,091.65 14,897.96 13,398.00 15,704.29 14,580.51 14,723.48 14,713.90 12,706.69 13,290.51 14,158.80 14,291.78 157,557.57 3,505.18 3,771.64 4,441.68 4,502.58 7,284.26 8,435.67 8,811.94 14,442.67 6,685.24 6,462.29 (1,501.21) 66,841.94 0.00 0.00 39.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Gross Profit/(Loss) Overheads Cleaning & Laundry

0.00

126.10

114.63

121.18

103.44

287.78

233.70

0.00

205.44

0.00

154.26 1,346.53

Advertising & Marketing Stationery

0.00

22.00

17.60

13.20

0.00

30.00

13.80

13.80

241.80

13.80

13.80

379.80

440.81

392.46

908.57

387.22

489.96

383.25

287.92

222.03

224.27

287.91

512.16 4,536.56

Quorn Grange Day Nursery Ltd

Date: 18/12/2017 Time: 10:24:09

Page: 2

Profit and Loss (Monthly Breakdown)

From: Month 1, January 2017 To:

Month 11, November 2017

Chart of Accounts:

Detailed Accounts

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Totals

Postage

0.00

0.00

3.84

8.34

8.34

0.00

8.34

8.34

0.00

8.34

8.34

53.88

Repairs & Maintenance Water Rates

0.00

111.92

22.38

0.00

174.58

403.24

65.00

68.58

30.66

221.50

68.58 1,166.44

0.00

149.66

50.00

50.00

50.00

332.87

50.00

50.00

162.20

50.00

50.00

994.73

Rates & Insurance

400.00

400.00

400.00

400.00

400.00

400.00

400.00

400.00

400.00 (740.09)

525.92 3,385.83

Creative Supplies

(84.09)

16.67

1,075.86

104.53

0.00

22.75

274.74

0.00

162.47

48.01

366.10 1,987.04

Electricity & Gas

350.00

(230.08)

350.00

350.00

350.00

350.00

350.00

350.00

350.00

350.00

350.00 3,269.92

Professional Fees

0.00

0.00

595.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

595.00

Waste Management

198.51

189.54

391.97

280.26

488.10

333.36

228.13

249.49

260.40

256.86

464.00 3,340.62

Pest Control

38.00

(45.60)

7.60

45.60

0.00

0.00

45.60

0.00

0.00

45.60

0.00

136.80

Staff Training

0.00

0.00

0.00

0.00

265.80 1,200.00

0.00

0.00

0.00

0.00

300.00 1,765.80

Garden Expenses

0.00

0.00

0.00

0.00

0.00

0.00

0.00

144.00

0.00

0.00

0.00

144.00

Travel Expenses

0.00

0.00

12.40

29.75

27.60

0.00

0.00

0.00

0.00

10.00

0.00

79.75

IT Charges

0.00

0.00

0.00

0.00

0.00

234.92

392.70

595.56

446.47

131.78

224.46 2,025.89

GFTU Salary contribution Depreciation

0.00

0.00

5,400.00

1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 19,800.00

179.40

179.40

179.40

179.40

179.40

179.40

179.40

179.40

179.40

179.40

179.40 1,973.40

Subscriptions & Donations Suspense account

0.00

0.00

12,000.00

4,000.00 4,000.00 4,000.00 4,082.00 4,000.00 4,000.00 4,000.00 4,000.00 44,082.00

151.80

447.63

(203.33)

(77.00)

95.00

233.50

420.30 (1,067.90)

0.00

0.00

0.00

0.00

Miscellaneous Expenses

244.80

114.60

103.89

131.41

0.00

0.00

0.00

14.19

15.01

177.00

0.00

800.90

Internet & Software Support

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

421.34

0.00

0.00

421.34

Quorn Grange Day Nursery Ltd

Date: 18/12/2017 Time: 10:24:09

Page: 3

Profit and Loss (Monthly Breakdown)

From: Month 1, January 2017 To:

Month 11, November 2017

Chart of Accounts:

Detailed Accounts

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Totals

Softwear Subscriptions

0.00 864.00 1,919.23 1,874.30 21,429.81 7,823.89 8,432.22 10,515.07 8,939.63 7,135.49 9,007.46 6,948.11 9,125.02 93,150.23 0.00 0.00 0.00 0.00 324.00 108.00 108.00 108.00 108.00 108.00

Net Profit/(Loss)

1,585.95 1,897.34 (16,988.13 (3,321.31) (1,147.96) (2,079.40) (127.69) 7,307.18 (2,322.22) (485.82)

(26,308.29 (10,626.23