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← Child Dynamix

2025-03-31-accounts

Charity Registration No. 1109642

Company Registration No. 05389477 (England and Wales)

CHILD DYNAMIX

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

72 Lairgate Beverley East Yorkshire United Kingdom HU17 8EU

CHILD DYNAMIX

CONTENTS

Page
Company information 1
Trustees' report 2 - 11
Statement of trustees' responsibilities 12
Independent auditor's report 13 - 16
Statement of financial activities 17
Balance sheet 18 - 19
Statement of cash flows 20
Notes to the financial statements 21 - 38

CHILD DYNAMIX

COMPANY INFORMATION

Trustees J Boyd
B A Bradley
Mr S B Ford (Appointed 26 September
2024)
G E Coyle (Appointed 22 October 2024)
Mr A Lockyer (Appointed 29 January 2025)
Mrs J M Raspin (Appointed 29 January 2025)
Mr P J Hamnett (Appointed 14 May 2025)
Senior management L Darnell Head of HR and Finance
N Clark Head of childcare
A Wheal Children & family services
manager
Charity number 1109642
Company number 05389477
Registered office 95 Preston Road
Hull
East Yorkshire
United Kingdom
HU9 3QB
Auditor TC Group
72 Lairgate
Beverley
East Yorkshire
United Kingdom
HU17 8EU
Solicitors Rollits LLP
Citadel House
58 High Street
Hull
East Yorkshire
United KIngdom
HU1 1QE

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The Objects for which the Company is established are to promote social regeneration by providing relief in particular but not exclusively to children, young people and their families who are resident or employed across the Humber Sub-Region who have need because of age, mental or physical disability, poverty or addiction. In particular, but not so as to limit the generality of the foregoing, to provide combinations of early years’ education, play work, youth work, community sports, family support and health advice, learning and employment services.

The vision and purpose

Our vision is: Communities where children and young people thrive.

Our purpose is: To create environments and deliver activities which enable children and young people to identify and realise both their aspirations and their potential.

How our activities deliver public benefit:

Our main activities are described below and focus on the objectives for which Child Dynamix was created in 2005, including changes to these objectives in 2014. The services provided to children, young people and their families are for the most part free and all are open and accessible to all. Where there are fees to be charged there are opportunities for those unable to afford these fees to access the service via other funding streams i.e., local authority/social services, two-year-old funding and early years education grants. In addition to this, the charity receives pupil premium for children in need within its Childcare settings. The trustees considered the Charity Commissions guidance on public benefit when planning and developing the charity’s activities at all its meetings. For specific activities, funding is sought in partnership with the young person or group to enable them to achieve their aspirations. The Corporate Social Responsibility policy is embedded across the charity and explains the way in which the charity supports other small community organisations and takes a responsible approach to the environment.

Who used and benefited from our services:
Community Day Nurseries:

Child Dynamix now has 5 daycare settings, two in East Hull (Preston Road and Savoy Road) and 3 in West Hull (Boulevard, Rainbow Nursery and Rainbow Pre-School) In April 2025, Child Dynamix acquired the Rainbow Nursery and Rainbow Pre-School settings expanding our childcare offer across the city of Hull. Both settings were established in their communities and a team of 21 staff were transferred under TUPE. These settings offer a further 67 places and are based in the Avenues area of the city.

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

We know our day nurseries play a critical role in the learning and development of the youngest children, and we aim to offer the finest provision by providing stimulating learning environments for the children who attend. We also know the importance of quality day care to enable families to access employment and learning opportunities. We aim to provide a flexible approach to meet the needs of children and their families.

Our nursery teams regularly monitor and assess children’s learning and development to ensure we offer an early intervention and provide the right level of support to all our children and their families. Analysis of those assessments demonstrates increasing concern of children’s communication and how this can impact their learning. In response, we have implemented several approaches including Stories for Talking, and increased staff training in communication strategies to help address this issue, in particular to support children whilst waiting for a specialist service.

Recruitment of staff during this past 12 months has affected all our settings. However, we have successfully recruited our Level two and Level three students who have successfully completed their college courses into our settings. We continue to offer student placement in all our settings. We had relied heavily on agency staff to maintain our legal adult to child numbers but this has significantly reduced during the year. The recruitment of nursery practitioners is a national crisis and proving to be an ongoing issue for the profession. An incentive scheme launched by the Department of Education to encourage new or returning staff into Early years. Although we were eligible for this scheme and gave new starters the incentive payment this did not bring the interest we had hoped the scheme would bring.

We are pleased to see the Governments increase focus on early years including broadening the eligibility for free childcare, however, the issues around recruitment, retention and qualifications for practitioners creates concerns as to how the increased demand can be met.

Across April 2024 – March 2025, there were 429 children on roll across our nurseries. Of those 429 children, 32 were receiving additional support funding, with a further 59 children experiencing some other learning difficulty or development delay. This means 21% of children attending our settings had some kind of special educational need or disability. 60 children have English as an additional language, 48 of these at the Boulevard setting alone. We supported 68 families to access 30-hour funding, enabling them to increase childcare to meet their needs.

Children and Family Services:

Children and Family Services consists of two key and consistent elements; Little Stars Family hub and our Youth Service based at The Hut Youth Centre. Both of these services are part of Hulls Early Help offer to support Children, Young People and their Families and deliver a range of services and support. We also have various additional projects that enhance this key delivery and over the course of this year have included the Movement Fund, Blue Influencer and National Citizenship Service (NCS).

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Little Stars Family Hub sits in the Early Help provision within the East Locality in the city of Hull. The team provides targeted family support and a range of services for local families including parenting support, understanding children’s behaviour with courses to help with parenting, child safety, infant feeding, budgeting, cooking and providing healthy meals, help to access early education funded nursery places and promoting parents understanding of early childhood development. The team provides regular stay and play sessions, creating a language-rich and stimulating environment in which children and their parents/carers can come together. The nature of the service means team members work closely with professionals from other agencies including schools and children’s social care, as well as local charities and voluntary organisations. This approach ensures children and families receive the level of support they need to make lasting change and get the help they need quickly. Family Hubs have a focus on the childs first 1001 days, infant mental health and the parent/ infant relationship.

Our Youth Service is commissioned by Hull City Council and is delivered in partnership with Maximum Life Youth Project, and St. Stephens Neighbourhood Centre. The partnership delivers across East Hull using venues in Preston Road, Greatfield, Ings and Longhill Estate. The Child Dynamix Youth team work from The Hut Youth Centre where we provide a range of services for the community and young people and continue to utilise the fantastic facilities the building offers. The teaching kitchen with rise and fall worktops and accessible cooker, IT suite, dance and craft rooms have been used for individual and group session by the team, and by local groups who hire the spaces to deliver their projects. More broadly, the youth team provide a range of services including one to one support, small group work and larger sessions with as many as 40 young people on a Friday night. The team provides a range of activities for young people including music, sport, cooking, arts and crafts, and participates in annual events such as the Humber Night Challenge and Lifestyle. The team sourced additional funds to support its delivery from: Clarion Futures, Humberside PCC and Street Games. The team extend their delivery to other community venues including Eastmount Recreation Centre, Shelley Avenue Sports Pavilion and local parks and green spaces.

After the success of our Green Influencer scheme, from 2024 Child Dynamix will host a Blue Mentor to develop our Blue Influencer scheme. The scheme aims to remove barriers to accessing the outdoors, whilst helping young people create deep, lasting and meaningful connections to the natural environment via their local coasts and rivers by giving them a voice to make change in their community. The scheme is funded by the Ernest Cook Trust and allows us to work with children, aged 10 to 14 years old, from youth centres and schools across Hull.

With funding from NCS (National Citizenship Service) we formed a partnership with Rewilding Youth and Probe Hull to offer a series of 12 week programmes full of exciting experiences and opportunities to support 16 and 17 year olds in their journey back into a form of Education, Employment or Training that suits them. The project supports young people to build in confidence, get on the right track to achieve their aspirations and recognise their own potential.

This has been a great addition to our existing youth offer and allows us to work with young people from across Hull.

Across April 2024 – March 2025 the Children and Family services teams worked with approximately 3575 children and young people and adults.

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Surveys and feedback

We regularly carry out stakeholder surveys, evaluations and seek feedback to help us understand the impact the charity has had,

– Surveys and feedback day nurseries

Our day nurseries conduct an annual Parent Satisfaction Survey to help shape our nursery offer and ensure we continue to meet the needs of our local families.

These are some comments received through the survey from parents:

Child Dynamix Community Nursery Savoy Road:

“Continuous help and support from staff. They care about the children and always ask how they are. My child has come on loads since attending and gained lots of knowledge. I feel confident leaving her there and would recommend the nursery and staff to others.”

“The staff are amazing with [Child], she enjoys nursery and has come on really well since attending here, I find the app a really good idea to see what Lola has been up to threw the day.”

“They keep you informed of your child’s day on the app which is the best! The staff are very supportive and are very on the ball with everything- sorting everything straight away for us. Range of activities throughout the day. My daughter after only a week was very settled and this a due to the nursery and how outstanding it is!”

Nursery parent feedback – Parent Satisfaction Survey – Child Dynamix Community Nursery Savoy Road

Child Dynamix Community Nursery Preston Road:

“I was very worried about sending my son to nursery but when I take him I can see how excited and happy he is to be there which reassures me that he enjoys it.”

“[Child] has thrived since being in nursery”.

“The staff who greet my child in in a morning are always happy and professional and make an effort to address my child.”

Nursery parent feedback – Parent Satisfaction Survey – Child Dynamix Community Nursery Preston Road

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Child Dynamix Community Nursery Boulevard:

Through the parent satisfaction survey, we received these comments from our Boulevard parents:

“My son is very happy at nursery but was a struggle to get him to where he now and he’s come on massively”

“My daughter loves nursery after every session the staff tell me what she's been doing what she’s had to eat etc”

“The management and workers there are amazing they are friendly polite and always keep you updated with everything for every session. The work the ladies put into the children is amazing. They do one to one sessions and phonics with my children and their development has come on amazing since been at this nursery”

Nursery parent feedback – Parent Satisfaction Survey – Child Dynamix Community Nursery Boulevard

Child Dynamix Community Nursery Rainbow:

Through a parent satisfaction welcome survey, we received these comments from our Rainbow parents:

“Communication is fantastic. Notes at pick up times are always thorough and I always have lovely pictures to look forward to at the end of the day.”

“All of the staff have been fab and seem to know [Child] really well. Laura is brilliant.”

“Millie and Rubie do so much for my child”

Nursery parent feedback – Parent Satisfaction Welcome Survey – Child Dynamix Community Nursery Rainbow

Child Dynamix Community Nursery Rainbow Preschool:

Through a parent satisfaction welcome survey, we received these comments from our Rainbow Preschool parents:

“Absolutely all the ladies are so invested and this truly shows when they all tell us what our daughter had been doing.”

“Fantastic nursery and pre-school! my sons learnt loads since he's attended here. Would100% recommend it to friends and family. :).”

“my daughter is always so happy to attend preschool”

Nursery parent feedback – Parent Satisfaction Welcome Survey – Child Dynamix Community Nursery Rainbow Preschool

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

– Surveys and feedback youth services

Young people provide feedback through annual surveys, at the end of a project or one to one support, and perhaps most regular in conversations as part of the activities they are involved with providing in the moment views and opinions. The youth team apply each year for the Investing in Children Award. The award gives national recognition for actively including children and young people in dialogue that results in change. Here is some of the feedback gained through the assessment:

“The staff are great, if theres something we want to do activity wise they’ll just do it If they’ve got it”

“if you need someone to speak to and offload they offer one to one support”

“They tell us, if you enjoy something we do, well do it more”

“I like that if you don’t like the food option, they’ll look to see if they have something you like “

“ I’ve had help with my mental health. They don’t ignore it they help you and refer you to other services like councillors if needed”

“I enjoyed decorating the one-to-one room, making it bright and colourful for when people use it “

“I like that the staff don’t tolerate bullying, and people will be given warnings and sent out if they continue doing it “

“We get to be involved in picking trips for summer and activities “

“I enjoy coming to socialise and get involved with activities like baking in the kitchen”

“I enjoy karaoke”

“The huts a safe place to see your friends and youth workers”

NCS Project

“The project has helped me get out of the house and with my communication, it has helped me find who I am and what I like doing”

“You helped me with my confidence, focussed on my skills and now I am back at college studying music – on a higher level than I thought I would be able to study – and I love it. I want to use music to travel the world and now I feel I can achieve that”

Suzy and Neill, without you I wouldn’t have been able to do this. I got my CSCS card which helped me get a job.”

“It’s helped me recognise and realise that I have skills and strengths in things I didn’t know I had. You’ve helped me realise things I didn’t realise I was.”

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

“Without this programme I really don’t think I would be where I am today. The support Suzy gave me, it made me aware of so much more - who I was and what I could do. She challenged me, but I was in control of what I felt ready for.”

– Surveys and feedback family support

There are a number of ways in which our children, parents and their wider family members share their views of services delivered by the Family Support team. This includes comments and feedback given directly to a member of staff, through surveys or evaluations at the end of a programme or course, social media and through activities they have participated in.

“ the team at little stars hub, are helpful and plan the trips well .”

“Thank you for a great day”

“My son enjoyed the animals and the rides”

“ [Child] had a really good day, loved the soft play and the bouncy pillow, really liked the tractor ride and cereal bars”

Feedback from a parent that attended a summer trip (2024)

“I like how welcomed I feel. It's easy to talk”

“Always warm welcomes when I arrive”

Feedback attending sessions at Family Hub (2024)

Volunteering at Child Dynamix:

We have seen fewer people coming forward to volunteer mirroring issues across the city. However, we have seen areas of volunteering grow over the year including in our Youth Service. We recognise that some people are not ready for a regular volunteering commitment. We have looked to identify more ways to lend a hand in the hope of engaging our service users and developing grassroots opportunities into something more regular and formal. We recognise the benefits both for the individual and to Child Dynamix in offering regular volunteering opportunities. This year volunteers offered over 50 hours of their time.

Charity events and fundraising:

In December, we held our annual staff away day aiming to bring our teams together to celebrate our work and have some relaxed time together. This year we rolled out the red carpet and the whole team went to the cinema to watch a classic Christmas movie followed by a relaxed afternoon together playing games and celebrating achievements from across the year.

Investment performance

Under the Articles of Association, the charity has the power to invest in any way the trustees wish.

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Financial review

We have seen an increase in occupancy across all our nurseries with the expansion of the education funding eligibility changes coming into effect over the past 24 months. We have reduced the amount of agency costs in this year and invested in more student placements and apprenticeships retaining and upskilling people to expand our workforce. We have adopted a Co-Leadership structure and reduced costs by removing some Senior Leadership roles as they have become vacant. Our strategy for the coming period focuses on expanding our childcare offer across the city and improving our financial position to support the core infrastructure of the charity.

Reserves policy

Child Dynamix’s reserves stand at £627,158

The Trustees of Child Dynamix aim to secure a cash reserve of £230,000 which represents 10% of the Charity’s average turnover (10 years). Close monitoring of the reserves is essential in helping us meet the demands of our strategic plan over the next three to five years. The target reserves amount of £230,000 has been calculated based on continuity planning, taking account of the Charity’s liabilities. This reserve also provides the Charity’s cash flow.

First and foremost, the Charity needs reserves to provide working capital to support its day-to-day operations, which is vital when waiting for invoices to be paid. Some contracts can be paid in arrears, leaving the Charity to cover general revenue costs for up to two months. Furthermore, many new funding streams are issued on a payment by results basis, which might split funding by as much as 50% which also then requires the Charity to hold funds to cover the full costs until final payment is made. The Charity Trustees would also consider proposals from the Charity’s Officers to create seed funding for development of new vital services, and finally the Trustees may be asked to consider extending individual or team contracts for interim periods of no more than 3 months to bridge gaps where new funding has been secured but a gap is created between funding streams.

The Trustees have provision for the appointment of a Finance Trustee who, within the Articles of Association (reviewed 2022) has responsibility for monitoring and reviewing the agreed steps the charity has taken to establish and/or maintain the reserves and for any proposals for using reserves. The responsibility, should the Charity face closure, will impact on the whole Trustee group, including the Finance Trustee, who would work with the Chief Executive Officer and senior leadership team.

The level of reserves which has been set by the Trustees (see above) is, where possible, grown through our Social Enterprise activities, which have three-to-five-year financial plans. The reserves development and maintenance form part of the general management accounting the Charity undertakes weekly, monthly and quarterly at differing levels. The Head of Finance and Human Resources creates “actual to projected” reports on a quarterly basis to the Finance committee and then on to the Board.

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Future plans

As a social regeneration charity, Child Dynamix recognises the importance of the whole family in relation to the outcomes for children and young people. Our themes of work - early years and childcare, family support and services for children and young people - offer both universal and targeted support. Levels and intensity of support differ depending on the presenting needs, but we recognise the many strengths children, young people and their families have. We see these as a positive starting point to enable people to make long lasting change with support from our staff and volunteers.

We continue to grapple with the reducing number of grants to apply to and the increasing competition for the remaining opportunities. It is a real challenge to find funds which reflect the work Child Dynamix delivers to meet the needs of our service users and local communities. Our focus in the coming year will be on expanding our childcare, family support, play and sport services.

Structure, governance and management

Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes a company limited by guarantee, as defined by the Companies Act 2006.

The company was incorporated on 11[th] March 2005.

The trustees, who are also the directors for the purpose of company law, who served during the year and up to the date of signature of the financial statements were:

J Boyd B A Bradley G E Coyle (Resigned 20 August 2024) Mr G J Morgan (Resigned 30 June 2024) Mr S B Ford (Appointed 26 September 2024) G E Coyle (Appointed 22 October 2024) Mr A Lockyer (Appointed 29 January 2025) Mrs J M Raspin (Appointed 29 January 2025) Mr P J Hamnett (Appointed 14 May 2025)

Recruitment and appointment of new trustees

The Trustees shall have power at any time to appoint any person to be a Trustee but so that the total number of Trustees shall not exceed the number determined under Article 34. Every Trustee shall be appointed for a term of three years unless agreed otherwise by the Trustees at the time of their appointment. A Trustee due to retire may, with the approval of a majority of the Trustees, stand for re-appointment for a second term so that Trustees may, if re-appointed, serve two consecutive terms. The Trustees may resolve by majority that because of exceptional circumstances a Trustee may hold office for a third term. The Trustees may resolve by majority that because of exceptional circumstances a Trustee may hold office for such further terms that are deemed to be in the Charity's best interests. The Trustees may make such rules pursuant to these Articles as they see fit from time to time with regard to the procedure for the appointment and reappointment of Trustees pursuant to this Article.

CHILD DYNAMIX

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Governance Structure

The Trustees held four meetings during 2024– 2025. At the start of the year, a review of the governance structure resulted in a change to the number of quarterly committees and an internal co leadership structure due to the resignation of the CEO. The co leadership team whom the board delegates the day-to-day operations consists of the Head of Finance & HR, Head of Childcare and the Children and Family Services Manager all of whom report directly to the board of trustees. All sub committees were postponed whilst theses changes were being embedded to support the transition.

The Health and Safety internal audit of each of the charity’s premises takes place annually and are reviewed throughout the year in response to national and local guidance and restrictions.

Induction and training of new trustees

The charity has a comprehensive induction pack for new Trustees (The Trustee Handbook). This Handbook includes role descriptions, conflict of interest, and code of conduct, the Articles and policies including finance and reserves. All Trustees of the charity complete the volunteer recruitment process, which includes a DBS enhanced check and undertake safeguarding training. Induction meetings are held with the Chief Executive and/or Chair of the Board prior to the first Board meeting attended. Trustees are encouraged to attend seminars and conferences on Charity law and governance issues when they are able. Information from these events is shared at subsequent board meetings.

Risk management

Child Dynamix holds a risk register; the register considers financial, reputational and operational risks to the charity and is agreed with the Board annually. The charity has systems and controls in place to manage the exposure to its significant risks. The risk register is referred to and updated if required in each Board meeting. In addition to this, the charity uses risk analysis at a project and service level.

Auditor

The auditor, TC Group, will be proposed for re-appointment at the forthcoming Annual General Meeting.

The trustees' report was approved by the Board of Trustees.

B A Bradley

Trustee Dated: 22 September 2025

CHILD DYNAMIX

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The Trustees, who are also the directors of Child Dynamix for the purpose of company law, are responsible for preparing the Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

CHILD DYNAMIX

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF CHILD DYNAMIX

Opinion

We have audited the financial statements of Child Dynamix (the ‘charitable company’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

CHILD DYNAMIX

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF CHILD DYNAMIX

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

CHILD DYNAMIX

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF CHILD DYNAMIX

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including Fraud, are instances of non-compliance with laws and regulations. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Extent to which the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses; and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and its management.

Our approach was as follows:

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

CHILD DYNAMIX

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF CHILD DYNAMIX

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council's website as: https:// www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-forauditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-for-audit.aspx. This description forms part of our auditors' report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Todd FCA (Senior Statutory Auditor) for and on behalf of TC Group

Statutory Auditor

Office: Beverley

6 October 2025

TC Group is eligible for appointment as auditor of the charitable company by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006

CHILD DYNAMIX

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
2025
Notes
£
Income and endowments from:
Donations and legacies
3
4,005
Charitable activities
4
2,459,850
Other trading activities
5
409
Other income
6
5,000
Total income
2,469,264
Expenditure on:
Charitable activities
7
2,431,800
Other expenditure
12
15,232
Total expenditure
2,447,032
Net income/(expenditure)
22,232
Transfers between
funds
(12,895)
Net movement in
funds
9
9,337
Reconciliation of funds:
Fund balances at 1 April 2024
581,020
Fund balances at 31 March
2025
590,357		 Restricted
funds
2025
£
-
117,119
-
-
117,119
153,809
-
153,809
(36,690)
12,895
(23,795)
55,638
31,843		 Total
Unrestricted
funds
2025
2024
£
£
4,005
3,149
2,576,969
1,656,059
409
350
5,000
5,000
2,586,383
1,664,558
2,585,609
1,833,006
15,232
15,757
2,600,841
1,848,763
(14,458)
(184,205)
-
33,821
(14,458)
(150,384)
636,658
731,404
622,200
581,020		 Restricted
funds
2024
£
-
165,269
-
-
165,269
115,333
-
115,333
49,936
(33,821)
16,115
39,523
55,638		 Total
2024
£
3,149
1,821,328
350
5,000
1,829,827
1,948,339
15,757
1,964,096
(134,269)
-
(134,269)
770,927
636,658

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CHILD DYNAMIX

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
Fixed assets
Goodwill
14
Other intangible assets
14
Total intangible assets
Tangible assets
15
Investments
16
Current assets
Debtors
17
Cash at bank and in hand
Creditors: amounts falling due within
one year
19
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
20
Net assets
Income funds
Restricted funds
22
Unrestricted funds		 2025
£
£
32,800
33,600
66,400
574,311
10
640,721
37,777
207,574
245,351
(56,951)
188,400
829,121
(206,921)
622,200
31,843
590,357
622,200		 2024
£
£
-
-
-
601,485
10
601,495
55,132
258,033
313,165
(63,806)
249,359
850,854
(214,196)
636,658
55,638
581,020
636,658

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 22 September 2025

B A Bradley Trustee

CHILD DYNAMIX

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Company Registration No. 05389477

CHILD DYNAMIX

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from/(absorbed by)
operations
29
Investing activities
Purchase of intangible assets
Purchase of tangible fixed assets
Net cash used in investing activities
Financing activities
Repayment of bank loans
Net cash used in financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(83,000)
(2,000)
(6,814)		 £
41,355
(85,000)
(6,814)
(50,459)
258,033
207,574		 2024
£
£
(123,435)
-
-
-
(6,291)
(6,291)
(129,726)
387,759
258,033

FOR THE YEAR ENDED 31 MARCH 2025

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS

1 Accounting policies

Charity information

Child Dynamix is a private company limited by guarantee incorporated in England and Wales. The registered office is 95 Preston Road, Hull, East Yorkshire, HU9 3QB, United Kingdom.

The Charity is a company limited by guarantee and has no share capital. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.

1.1 Accounting convention

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charitable company.

1.4 Income

Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6 Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill shall be considered to have a finite useful life, and shall be amortised on a systematic basis over its life.

1.7 Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Business combinations

20% straight line

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.8 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% on cost Leasehold land and buildings over the period of the lease Fixtures and fittings 50% on cost, 25% on cost and 20% on cost Motor vehicles 25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.9 Fixed asset investments

Fixed asset investments are measured at cost.

A subsidiary is an entity controlled by the charitable company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.10 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.11 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.12 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

FOR THE YEAR ENDED 31 MARCH 2025

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.13 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charitable company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

FOR THE YEAR ENDED 31 MARCH 2025

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

2 Critical accounting estimates and judgements

(Continued)

Critical judgements

Useful life of fixed assets

The charitable company estimates the useful economic lives of fixed assets based in the expected period of use of the asset in operating the charitable company.

Carrying value of freehold property

The charitable company owns one property and this is stated at cost with depreciation being charged based on the useful economic life of the asset. The trustees review the carrying value of the property on an annual basis, in light of the condition of the property and the operating performance of the nursery.

3 Income from donations and legacies

Donations and gifts
Income from charitable activities
Unrestricted
funds
2025
£
Childcare
Childcare
1,970,119
Commercial income
10,270
Youth, Sport & Play
Commissioning Service
229,093
Grants
7,927
Childcare & Young People Activities
Commissioning Service
242,441
Grants
-
2,459,850		 Restricted
funds
2025
£
-
-
-
103,129
-
13,990
117,119		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
4,005
3,149
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
1,970,119
1,105,387
-
1,105,387
10,270
24,256
-
24,256
229,093
218,291
-
218,291
111,056
32,427
150,281
182,708
242,441
275,698
-
275,698
13,990
-
14,988
14,988
2,576,969
1,656,059
165,269
1,821,328		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
4,005
3,149
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
1,970,119
1,105,387
-
1,105,387
10,270
24,256
-
24,256
229,093
218,291
-
218,291
111,056
32,427
150,281
182,708
242,441
275,698
-
275,698
13,990
-
14,988
14,988
2,576,969
1,656,059
165,269
1,821,328
Total
2024
£
1,105,387
24,256
218,291
182,708
275,698
14,988
1,821,328

4 Income from charitable activities

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

4 Income from charitable activities

(Continued)

Performance related grants analysis

Youth, Sport &
Play
Childcare &
Young People
Activities
2025
2025
£
£
Henry Smith
7,912
-
LSFH AHP
3,692
-
Whats your Game
-
-
Youth Dynamix
4,235
-
Sport Awards for All
-
-
Blue Influencer
-
13,990
PCC
19,962
-
NCS
75,255
-
Ernest Cook
-
-
Other
-
-
111,056
13,990		 Total
Youth, Sport &
Play
Childcare &
Young People
Activities
2025
2024
2024
£
£
£
7,912
30,397
-
3,692
-
-
-
8,945
-
4,235
13,831
-
-
9,652
-
13,990
-
-
19,962
-
-
75,255
119,883
-
-
-
14,988
-
-
-
125,046
182,708
14,988		 Total
2024
£
30,397
-
8,945
13,831
9,652
-
-
119,883
14,988
-
136,902

5 Income from other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 409 350
Other income
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Other income 5,000 5,000

6 Other income

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

7 Expenditure on charitable activities

Childcare Youth, Sport
& Play
Childcare &
Young
People
Activities
Core support
2025
2025
2025
2025
£
£
£
£
Direct costs
Staff costs
987,601
536,318
240,343
2,736
Depreciation and impairment
1,118
926
-
27,131
Rent of building
72,854
46,600
-
-
Rates and water
3,773
2,795
6,431
-
Insurance
-
-
1,622
17,603
Light and heat
26,866
11,626
6,551
-
Telephone and internet
7,416
2,239
7,461
160
Postage and stationery
8,161
3,396
4,788
887
Sundries
923
1,274
60
9,688
Food
12,116
-
-
-
Equipment
2,660
-
-
-
Computer expenses
3,686
864
-
20,167
Repairs and renewals
15,667
8,793
22,281
7,835
Cleaning and refuse
45,142
14,134
34,390
-
Training Courses and conferences
4,243
9,598
2,104
-
Other charitable expenditure
23,954
112,079
18,833
4,526
1,216,180
750,642
344,864
90,733
Share of support and governance costs (see note 8)
Support
-
-
-
149,664
Governance
-
-
-
33,526
1,216,180
750,642
344,864
273,923
Analysis by fund
Unrestricted funds
1,216,120
682,972
258,785
273,923
Restricted funds
60
67,670
86,079
-
1,216,180
750,642
344,864
273,923		 Total
2025
£
1,766,998
29,175
119,454
12,999
19,225
45,043
17,276
17,232
11,945
12,116
2,660
24,717
54,576
93,666
15,945
159,392
2,402,419
149,664
33,526
2,585,609
2,431,800
153,809
2,585,609

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

7 Expenditure on charitable activities (Continued)
Previous year: **Childcare ** Youth, Sport Childcare &
Core support		 Total
& Play Young
People
Activities
2024 2024 2024 2024 2024
£ £ £ £ £
Direct costs
Staff costs 825,211 143,882 228,201 - 1,197,294
Depreciation and impairment 1,032 1,660 1,813 27,983 32,488
Rent of building 65,898 3,000 - - 68,898
Rates and water 3,390 1,230 5,074 - 9,694
Insurance - - 1,622 10,174 11,796
Light and heat 28,827 15,913 10,161 - 54,901
Telephone and internet 4,769 2,159 8,814 140 15,882
Postage and stationery 5,460 3,220 6,777 532 15,989
Sundries 1,149 1,063 76 10,644 12,932
Food 11,668 - - - 11,668
Computer expenses 2,160 864 - 19,255 22,279
Repairs and renewals 11,141 5,706 27,102 4,570 48,519
Cleaning and refuse 15,298 12,985 31,048 - 59,331
Training Courses and conferences 3,457 6,135 1,047 - 10,639
Other charitable expenditure 13,878 99,884 14,075 13,670 141,507
993,338 297,701 335,810 86,968 1,713,817
Share of support and governance costs (see note 8)
Support - - - 190,824 190,824
Governance - - - 43,698 43,698
993,338 297,701 335,810 321,490 1,948,339
Analysis by fund
Unrestricted funds 993,338 244,379 273,799 321,490 1,833,006
Restricted funds - 53,322 62,011 - 115,333
993,338 297,701 335,810 321,490 1,948,339

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

8
Support costs allocated to activities
Staff costs
Depreciation
Governance costs
Analysed between:
Core support
9
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Amortisation of intangible assets		 2025
£
133,064
16,600
33,526
183,190
183,190
2025
£
7,550
29,175
16,600		 2024
£
190,824
-
43,698
234,522
234,522
2024
£
12,564
32,488
-

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charitable company during the year.

11 Employees

The average monthly number of employees during the year was:

Administration
Managers
Other
Total		 2025
Number
10
9
66
85		 2024
Number
10
9
46
65

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

11
Employees
Employment costs
Wages and salaries
Social security costs
Other pension costs		 (Continued)
2025
2024
£
£
1,738,332
1,262,935
115,823
85,579
55,744
39,604
1,909,899
1,388,118		 (Continued)
2025
2024
£
£
1,738,332
1,262,935
115,823
85,579
55,744
39,604
1,909,899
1,388,118
1,388,118

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

12 Other

Unrestricted
funds
2025
Financing costs
15,232
15,232		 Total
2024
£
15,757
15,757

13 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

14
Intangible fixed assets
Cost
At 1 April 2024
Additions - separately acquired
At 31 March 2025
Amortisation and impairment
At 1 April 2024
Amortisation charged for the year
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
15
Tangible fixed assets
Freehold land
and buildings
Leasehold land
and buildings
£
£
Cost
At 1 April 2024
351,480
394,114
Business combinations
-
-
At 31 March 2025
351,480
394,114
Depreciation and impairment
At 1 April 2024
49,223
100,586
Depreciation charged in the year
7,032
17,147
At 31 March 2025
56,255
117,733
Carrying amount
At 31 March 2025
295,225
276,381
At 31 March 2024
302,257
293,528		 Goodwill
Business
combinations
£
£
-
-
41,000
42,000
41,000
42,000
-
-
8,200
8,400
8,200
8,400
32,800
33,600
-
-
Fixtures and
fittings
Motor vehicles
£
£
302,029
38,426
2,000
-
304,029
38,426
297,269
37,485
4,760
236
302,029
37,721
2,000
705
4,759
941		 Total
£
-
83,000
83,000
-
16,600
16,600
66,400
-
Total
£
1,086,049
2,000
1,088,049
484,563
29,175
513,738
574,311
601,485

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

16
Fixed asset investments
Cost or valuation
At 1 April 2024 & 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
Other investments comprise:
Notes
Investments in subsidiaries
28
17
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 Other
investments
10
10
10
2025
2024
£
£
10
10
2025
2024
£
£
20,614
20,337
9,837
20,000
7,326
14,795
37,777
55,132		 Other
investments
10
10
10
2025
2024
£
£
10
10
2025
2024
£
£
20,614
20,337
9,837
20,000
7,326
14,795
37,777
55,132
10
10
2024
£
10
2024
£
20,337
20,000
14,795
55,132

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

18
Loans and overdrafts
2025
£
Bank loans
214,205
Payable within one year
7,284
Payable after one year
206,921
Amounts included above which fall due after five years:
Payable by instalments
(172,107)
The loan is secured against the property and is repayable over 25 years at an interest rate of 7%.
19
Creditors: amounts falling due within one year
2025
Notes
£
Bank loans
18
7,284
Other creditors
5,136
Accruals and deferred income
44,531
56,951
20
Creditors: amounts falling due after more than one year
2025
Notes
£
Bank loans
18
206,921
21
Retirement benefit schemes
2025
Defined contribution schemes
£
Charge to profit or loss in respect of defined contribution schemes
55,744		 2024
£
221,019
6,823
214,196
181,736
2024
£
6,823
5,483
51,500
63,806
2024
£
214,196
2024
£
39,604

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

21 Retirement benefit schemes

(Continued)

The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

22 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2024 Incoming Resources Transfers At 31 March
resources expended 2025
£ £ £ £ £
Henry Smith Fund - 7,912 (20,807) 12,895 -
Ernest Cook 4,707 - - - 4,707
National Citizenship Service 50,931 75,255 (114,080) - 12,106
Police & Crime Commissioner - 19,962 (18,922) - 1,040
Blue Influencer - 13,990 - - 13,990
55,638 117,119 (153,809) 12,895 31,843
Previous year: At 1 April 2023 Incoming Resources Transfers At 31 March
resources expended 2024
£ £ £ £ £
Sleep Easy 2,748 - - (2,748) -
Children in Need 2,978 - - (2,978) -
Henry Smith Fund - 30,397 (33,530) 3,133 -
Hut + 30,857 - (260) (30,597) -
The Sylvia Adams Charitable
Trust - - (65) 65 -
Postcode Community Trust 696 - - (696) -
Ernest Cook 2,244 14,988 (12,525) - 4,707
National Citizenship Service - 119,884 (68,953) - 50,931
39,523 165,269 115,333 (33,821) 55,638

FOR THE YEAR ENDED 31 MARCH 2025

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

22 Restricted funds

(Continued)

Henry Smith Fund - This is funding enabling us to continue our ‘Bump to Baby and Beyond’ project that supports families at the very earliest opportunity engaging with parents in the third trimester of pregnancy. The project offers intensive support to ensure parents are well prepared for their parenting journey.

Hut+ - This is funding was obtained to extend and refurbish our youth centre on the Preston Road Estate. As the funding has been fully expensed the balance on the fund has been transferred to unrestricted reserves.

National Citizenship Service - This is funding enabling us to deliver our 'META' programme. The programme is for young people aged 16 & 17 who are not in employment, education or training and aim to raise confidence, aspiration and ultimately support young people onto their next steps. We are in a partnership with Rewilding Youth (CIC) and Probe Limited to deliver this work.

Funding from Ernest Cook along with a grant from the Police and Crime Commissioners Community Safety Fund allows us to employ a full time Nature Ranger. Ernest Cook fund the ‘Blue Influencer’ element of the role, the Blue Influencer will work with young people aged 10 – 14 years old, in schools and youth centres across Hull. The scheme helps young people impact the environment through social action projects that benefit their communities, whilst helping them to create lasting and meaningful connection to nature. The Community Safety Fund allows our Nature Ranger to offer sessions to young people aged 8 – 13 years, engaging them in environmental projects which aim to engage young people into centre based activities at an earlier age leading to better relationships and sustained engagement through adolescence.

23 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
General funds
Previous year:
At 1
General funds		 April 2024
£
581,020
April 2023
£
731,404		 Incoming
resources
Resources
expended
£
£
2,469,264
(2,447,032)
Incoming
resources
Resources
expended
£
£
1,664,558
(1,848,763)		 Transfers
At 31 March
2025
£
£
(12,895)
590,357
Transfers
At 31 March
2024
£
£
33,821
581,020

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

24 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 March 2025:
Intangible fixed assets 66,400 - 66,400
Tangible assets 574,311 - 574,311
Investments 10 - 10
Current assets/(liabilities) 156,557 31,843 188,400
Long term liabilities (206,921) - (206,921)
590,357 31,843 622,200
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 March 2024:
Tangible assets 601,485 - 601,485
Investments 10 - 10
Current assets/(liabilities) 193,721 55,638 249,359
Long term liabilities (214,196) - (214,196)
581,020 55,638 636,658

25 Operating lease commitments

Lessee

At the reporting end date the charitable company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
In over five years		 2025
£
63,000
142,600
21,000
226,600		 2024
£
3,000
15,000
24,000
42,000

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

26
Capital commitments
Amounts contracted for but not provided in the financial statements:
Acquisition of property, plant and equipment
Acquisition of intangible assets		 2025
£
2025
£
-
-
-		 2024
£
2024
£
2,000
83,000
85,000

The charity has purchased the assets of Rainbow Nursery (Hull) Limited for a total consideration of £85,000. The purchase completed on 2 April 2024.

27 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

28 Subsidiaries

Details of the charitable company's subsidiaries at 31 March 2025 are as follows:

Name of undertaking Registered Nature of business Class of % Held
office shares held Direct Indirect
Child Dynamix Trading 95 Preston Road,
Sale of donated goods		 Ordinary 100.00
Limited Hull, East
Yorkshire, HU9
3QB

The aggregate capital and reserves and the result for the year of subsidiaries excluded from consolidation was as follows:

Name of undertaking Profit/(Loss) Capital and
Reserves
£ £
Child Dynamix Trading
Limited - (24,835)

CHILD DYNAMIX

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

28 Subsidiaries

(Continued)

The intention was that the subsidiary gift aided its profits to the charity. The subsidiary has however suffered losses and has not made any gift aid payments to the charity.

The results of the subsidiary are not consolidated within these financial statements as the subsidiary is dormant and the results are considered to be immaterial.

29
Cash generated from operations
Deficit for the year
Adjustments for:
Amortisation and impairment of intangible assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Cash generated from/(absorbed by) operations
30
Analysis of changes in net debt
At 1 April 2024
£
Cash at bank and in hand
258,033
Loans falling due within one year
(6,823)
Loans falling due after more than one year
(214,196)
37,014		 2025
2024
£
£
(14,458)
(134,269)
16,600
-
29,175
32,488
17,355
(31,979)
(7,317)
10,325
41,355
(123,435)
Cash flows
At 31 March 2025
£
£
(50,459)
207,574
(461)
(7,284)
7,275
(206,921)
(43,645)
(6,631)