New projects and businesses

New projects and businesses

Reporting Solutions (Pty) Ltd.
This business is designed to provide accounting and administration services to CCT and the 115 organisations in Connect Network as well as to outside companies. Reporting Solutions houses an intellectual capital in the form of its employees to assist not only medium sized businesses but large entities too.

Reporting Solutions have become the pioneers in NPO accounting. Focusing on the Goodwill of an NPO, Reporting Solutions structures its clients’ accounts in a manner to truly reflect the value of the NPO by adding financial values to the time, energy and external recourses given to NPO’s that belong on the balance sheet of the NPO. The true value of an organisation is then reflected in its accounts. To date we have assisted big NGO's such as Cape Town Child Welfare Organisation (CTCWO), Eraly Learning Resources Unit (ELRU) and Families South Africa (FAMSA)

Quality Life Travel (Pty) Ltd
With so many volunteers coming to Cape Town, we took a strategic decision to be able to send them home with more than just practical experience from helping out at a local NGO. Involving a joint venture between our local training house, Montessori Institute of Learning and Waterpark Montessori in Ireland, we are developing the capability of offering European and North American volunteers the option of volunteering in Cape Town and going home with an internationally recognised MACTE Montessori qualification, allowing them to teach when they get back home at any Montessori school.

Second Harvest NPC
This was formed in 2017 in order to feed the children attending our schools. Mark Maingard and Marais Greyling have been running a catering and functions business for some time. Second Harvest was born out of their desire to feed needy children. The expensive overheads of the catering and functions business are covered by normal business. Second Harvest is then able to distribute food which carries no overhead and capital cost structure. Any donation to Second Harvest is then fully converted into food for the needy. A true social enterprise, Second Harvest is planning kitchens in many impoverished areas.

Island of Hope NPC
For the last four years Adre Malherbe has set up and continues to run a business from a property owned by the Salvation Army in Paarl. Most of the income is derived from the thrift shop on the property which sells second hand clothing and footwear as well as furniture and reconditioned white goods.

Ashanti Estate Events and Functions company
The trust was given a 25% equity stake in this business run off Ashanti Estate near Paarl. Profits from this entity will go towards the provision of food supplies for Second Harvest NPC.

Kairos Training (Pty)Ltd
In late 2017 the Trust purchased a 10% equity stake in Kairos. This was a strategic investment into a training organisation to ensure the SETA registration of the Montessori Institute of Learning and Waterpark Montessori International courses.

In each of the above businesses, CCT owns equity with the balance of the equity going to the capital providers and management except for the NPC’s.

Quality Life Education

Quality Life Montessori NPC has been set up to spearhead our development into the townships of the greater Cape Town area. The main purpose is to put 70 000 new children into a pre-school environment where real education is taking place, not just child minding as is mostly the case. To this end we have started a number of schools in 2017:

Abacus in Mitchell;s Plain
Little Stars in Paarl
Island of Hope in Paarl
Oasis in Blue Downs
Nina Nancy in Blue Downs
Siseko in Gugulethu

And we continue to assist at Philippi Children's Centre in Philippi which the trust rescued in 2008.

We have also purchased a piece of land in Delft South where we will build a school and we are currently building a school in Wallacedene near Kraaifontein.

There are over 500 children in these schools at present and we aim to double this by year end.