Eliminating Profit from the Childcare Sector


The Support Package
The support will take existing providers through a series of steps and will include, as and when appropriate for each provider;
- Getting to know your business, your involvement in the business and your desired outcomes;
- An independent and fair valuation of your business and specialist tax advice undertaken by a suitably experienced accountancy firm.
- Further details about the four “permitted models” and support to consider the most suitable for your circumstances;
- Explore the feasibility of and financing options for a proposed re-establishment of your business model and purchase of your assets by a “new” social enterprise;
- A route map of how you might re-establish your business as your chosen model;
- Advice, guidance and training on governance matters such as board recruitment, policies and procedures, stakeholder engagement and future sustainability;
- Support to register / re-establish as your chosen legal form if you wish toproceed.
From our previous experience of running a pilot project with a small number of providers, we are fully aware that each business will face individual and specific challenges, and our approach will be to work with you to help overcome these and find solutions.
We will also have direct access to Welsh Government and CIW which will enable us to raise specific questions, confidentially, to help give
us clarity on matters currently unknown to us all.
On a Final Note
Our purpose is not to “push” anyone down a route that is not feasible or appealing to owners. We aim to provide meaningful support and advice for participants on the programme that are seriously considering re-establishing as a “not-for-profit” model and who want to better understand their individual options and the barriers that need to be overcome. Ultimately, we hope to be able to work alongside partners such as Welsh Government, 4Cs and CIW to avoid losing good businesses in Wales who provide stable and positive outcomes for children.
It is unchartered territory for us all and we will do our best to help navigate the challenges if this is of interest to you. If you would like to hear from us or have further questions about the support programme, please do not hesitate to get in touch with us: rhys.williams@cwmpas.coop / branwen.ellis@cwmpas.coop

