2009 AGM: Treasurer's Report

This year the number of children in our care was on average per day 95 after school (including 18 children from Notre Dame) and 21 during the breakfast club, writes Charlotte Bryant. During the holidays/in-service days the average was 34.

HASC accounts are audited annually by chartered accountants (since 2006 by Alexander Sloan) to provide external validation and confidence in the financial status and management of HASC finances. The 2008/09 audit summary will be reported at the AGM.

HASC’s finances are carefully managed through excellent record keeping by Irene Smith (HASC book keeper), good management practice by Fiona and Ross and support and advice from the Board. The budget projection model developed by Board Member Laurence Williams continues to help to provide realistic financial forecasts.

The general climate of financial uncertainty has had some effect on HASC, e.g. reduced interest rates and higher day to day costs. Staff wages were reviewed this year in order to ensure that staff were being paid reasonably and in line with the childcare sector in the Glasgow area.

In order to further strengthen the security and organisation of HASC’s finances the comprehensive accounting software package SAGE was introduced this year, along with staff training. These sound financial practices enable us to keep the fee increases reasonable, while continuing to provide high quality childcare and supportive employment.

Plans for the coming year include securing external funding (grants) for the next stage of buildings work and developing a three-year HASC business plan.

HASC’s AGM for 2009 was held on 7 October
Chairperson’s report
Manager’s report
Treasurer’s report
Download Annual Report leaflet