Company Registration No. 04615904 (England and Wales) CHILDREN AND FAMILIES LIMrrED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT AND GROUP FINANCIAL STATEMENTS FOR THE PERIOD FROM THE I APRIL 2024 TO THE 31 MARCH 2025
Page 2 CHILDREN AND FAMILIES LIMITED 2024125 CONTENTS Page Company Information Trustees, Report Independent Auditors, Report 10-13 Group Statement of Financial Activities 14 Balance Sheets 15 Cash Flows 16 Notes to the Financial Statements 17- 31
Page 3 CHILDREN AND FAMILIES LIMITED 20Z4125 REFERENCE AND ADMINISTRATIVE DETAILS Charity Name Children and Families Limited Charity Number 1115459 Company Number 04615904 Registered Office and Principal Address Children and Families Limited Seashells Rose Street Sheerness Kent ME12 IAW Trustees/ Dlrectors C White CD Jones DJ Buckett L Rabbatts V Nedderman {appointed on 9171241 Company Secretsry J Duncan Senior Staff Members J Duncan JW Payne l Town5end-Blazier K Townsend-Blazier Bankers National Westminster Bank PLC National Westminster House 37 Old Dover Road Canterbury Kent cri 3JB Auditors UHY Hacker Young Chartered Accountants Thames House Roman Square Sittingbourne MEIO 4BJ
Page 4 CHILDREN AND FAMILIES LIMITED 2024125 The trustees are pleased to present their annual report together with the consolidated financial statements of the charity and its sub5idiarie5 for the year ending the 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financtal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). OBJECTIVES AND AcfiviTIES In setting our objectives and planning our activities we have given careful consideration tothe Charity Commission's general guidance on public benefit. The trustees confirm that to the best of their ability they have consistently complied with their duty to have due regard to this guidance in exercising their powers and duties. Our charitable objects are to advance the education of the public in the subject of childcare and parenting to ensure that children can: i) be healthy; ii) stay safe; iiil enjoy and achieve; iv) make a positive contribution,. and v) achieve economic well-being. We seek to develop the capacity and skills of the members of the socially and economically disadvantaged community of Kent in such a way that they are better able to identify and help meet their needs and to participate more fully in society, We seek to promote general charitable purposes for the benefit of the community of Kent and the surrounding area and to provide relief from financial hardship and social and/or economic disadvantage and to advance the education of its residents of all ages and in particular to provide opportunities for the aforementioned residents to participate fully in the life of their community in ways which address and alleviate social and economic disadvantage. We also pursue the relief of unemployment for the benefit of the public in such way5 as may be thought fit, including assistance to find employment. In pursuit of our objects we have undertaken a number of activities particularly with disadvantaged communities in Kent for public benefit. This includes the delivery of registered early education and childcare. where we have worked with parentsto help them.. help their children to develop and thrive. We have also provided children's centre servicesto children and families, supporting parents of young children to keep them healthy, safe and to help them with their early learning. We have supported the delivery of other services to the community by hosting health visiting, midwifery and other important community services with a family focus. We have delivered parenting programmes such as the Solihull Approach and family SLAPPOrt to those in need, including fuel and water advice and family financial support, helping families to manage their finances better and maximise their income to help reduce the impact of child poverty. We have provided volunteering and training opportunitie5, especially to parents and particularly in support of those wishing to get back into employment. Our Family Food Bank has also provided emergency food boxes to many vulnerable families across the county who have experienced financial hardship in times of crisis. Our Kent Community Pantry service has supported its members with weekly food support in Ashford, Sheerness, Sittingbourne, Folkestone, Medway and Thanet. We have also supported around one hundred and fifty charitie5 and community organisations across Kent with surplus food through Fareshare Kent, preventing food waste and helping them to maximise the social impact of surplus food.
Page 5 CHILDREN AND FAMILIES LIMITED 2024125 ACHIEVEMENTS AND PERFORMANCE Our child and family support services targeting child poverty including the Family Food Bank, the Family Finance Project, You Make the Difference and our Family Hub services helped over 39,000 family members in Kent with food, welfare & money management advice, early education, wellbeing and other family support services. The majority of our support is targeted at those families with the youngest children where child poverty is often most highly concentrated and where we believe we can have the greatest impact on ensuring children are given the best opportunities in life. Both nurseries continued to grow the number of children they help educate and develop from 393 to 413 children. We have refurbished our premises to provide additional spaces for (P2 year olds to help support the government expansion of the working parent childcare entitlement. We also grew our Holiday Activlty & Food programmes attendance from 193 to 248 children and young people across the year. These club5 5UPPOrt children entitled to free school meals with 6 weeks of childcare and nutritiOU5 food, much of which we're able to source from our Fareshare operation. During the year Kent County Council (KCCI announced its intention to move away from a granting to a contracting method of procurement for these services. In March 2025 we learnt that we We among the few successful organisations who tendered, to be included on the Dynamic Purchasing Scheme (DPS} that will be used from summer 2025. Seashells continued to deliver its open access and targeted family support services throughout the year. We were contracted by KCC as a Family Hub but they failed to provide a contract for the entire year. KCC also launched a consultation in July 2024 to de-commission Seashells and our friends at Millmead as Family Hubs. We were told the only reason KCC had for doing this was to save money against a £108m budget shortfall they were anticipating for next financial year. The consultation documentation contained significant misinformation and failed to take account of the need within our operating areas and our strong performance data. We led a campaign against the proposal but the Cabinet Member for Children Young People & Education decided to end the contract nonetheless, despite very significant opposition from the community and other council members. A lot of energy was spentfightingthe proposal and decision but energy was also devoted towards securin8 alternative funding in an attempt to mitigate the impact of the funding cut. We were successful in securing funding and this has enabled us to keep our team of highly professional and deeply committed family staff. We have continued our work with Swale Borough Council on the Household Support Fund, to deliver food support and provide pre-paid cards worth £100 across 5wale, to help people with theirfuel costs during the cost of living cri515. This work delivered £112,000 of financial support dirertly to those in need. The Family Food Bank delivered 10.173 food boxes111,129 boxe5 in 2024) to families in crisis across Kent and Medway. These food boxes represented 142 tonnes of food, providing 339,100 meals. This was an 8.6% decrease on the previous year. Our most significant food focussed service Fareshare Kent, saw an increase in the surplus food it redistributed to 1,000 tonnes {814 tonnes in 20241. This was largely due to opening up our operation on Saturdays to increase the amount of food we could accept and further progress being made with
Page 6 CHILDREN AND FAMILIES LIMITED 2024125 our local food sourcing efforts. The number of charities and community organisations we worked with increased slightly to 155 organisations during the year {142 in 2024). Kent Community Pantry continued to provide food to vulnerable communities for a very low membership fee and we increased from 4 to 6 pantries by adding a new location in Folkestone. Our achievements have only been possible thanks to the continuing dedication and commitment of our staff and volunteers, who donated 29,415 hours (34,529 in 20241. We are also indebted to the many food partners, funders, public bodies and individuals who have supported our work over the last year. Our sincere thanks and appreciation goes to them all for helping us to help the children, families and charities we are here to support. FINANCIAL REVIEW The Trustees are reporting a 2025 surplu5 of £431,729 {2024: surplus of £436.0381. The financial KPIS that the Trustees monitor include: i) the level of debtors; ii) the level of the general free reserve. Reserves Policy The total re5erve5 at the period end were £3,391,223 of which £659,609 were restricted funds leaving £2,731,614 available for the general purposes of the charity. Of this the charity has designated fundsthat include a fixed a55ets fund of £641,811, a building reserve of £270,930, a redundancy fund of £187,273, a family support fund of £330,000 and a food poverty reserve of £886,263. This leaves general free reserves of £415,337. In the Trustees, view. the charivs reserves should provide it with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. The Trustees have therefore decided to maintain funds as follows: Designated Fixed Assets Reserve Fund (2025: £641,811)-This fund will be set aside to identifythe net book value of our fixed assets. Designated Building Reserve Fund (2025: £270,930) This fund will be held for essential future expenditure on the charity's property and in particular the Seashells building. The fund will be increased by an amount of not less than £10,000 annually in any year that the group makes an unrestricted surplus. Designated Redundancy Reserve Fund (2025: £187,273) - This fund will be calculated annually to ensure funds are available to meet any redundar¢Cy liabilities in the event of the organisation being wound up. Designated Family Support Reserve Fund {2025: £330,000)-This fund will be Set aside to help ensure the future stability and sustainability of child and family services. Designated Food Poverty Reserve Fund12025: £886,2631- This fund will be set aside using surplus funds generated by Fareshare Kent, to help ensure the future sustainability and growth of Fareshare Kent and other food related services.
Page 7 CHILDREN AND FAMILIES UMITED 2024125 General Free Reserve Fund (2025: £415.357)-This fund will be held to ensure the future stability and sustainability of operations during any periods of unforeseen difficulty. The Trustees will aim to maintain this fund at 3 to 6 months of annual turnover. Risk Management The Board of Directors meets at least four times a year and receives financial, performance, risk and activity reports. Operations are insured and include but are not limited to: Employers Liability, Public Liability, Professional Indemnity, Directors Indemnity, Buildings, Motorvehicle and Legal Expenses. In addition, we contract for the provision of health and safety and employment law advice. We also undertake a biennial external safeguarding review and continue to reaccredit with Cyber Essentials each year. th The principal risks identified by the Board on the 11 February 2025 included: i) recruitment and retention ii) the lease for one of our properties. We review and record our risks Annually in a Risk Register, assessing their probability, impact and the means by which we can mitigate against them. We also undertake regular risk assessments for our activitie5. Plans for Future Periods We will continue to seek resources to ensure an adequate support service is provided to families in Sheerness in particular but also further afield. We will seek to expand Kent Community Pantry into new locations organically and will seek to increase the food we're able to redistribute through Fareshare Kent by procuring an 18T truck. We will continue to adapt our services and how thevre targeted, to ensure that we're able to respond effectively to changing needs. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document and Constltutlon Children & Families Limited is a not for profit company limited by guarantee that was formed on the 12th December 2002 and was registered as a charity with the Charity Commission on the 20th July 2006. The charity is governed by its Memorandum & Articles of Association and managed by its Board of Directors who are also the Trustees for the purposes of charity law. The Board has overall control of the charity. Trustee Appointment One director/trustee retired and one was appointed during the period. Any person legally entitled and willing to act as a Company Director and Trustee may be appointed to the Board and all applications are duly considered and agreed by the Board in the best interests of the charity. The Company Secretary inducts new Trustees into the charity and also informs them of suitable training opportunities that will support them in their role as a Trustee.
Page 8 CHILDREN AND FAMILIES LIMITED 2024125 Organisational Structure The Board of Directors has four members with equal rights under the Memorandum and Articles of Association. Children & Families Limited is the charitable parent company of three wholly owned subsidiary companie5. The subsidiaries are Children & Families Childcare Ltd, Children & Families Children's Centres Ltd and Fareshare Kent CIC. As parent of the subsidiaries, Children & Families Limited is a Corporate Director of each and appoints at least two natural persons from its Board to serve as Director5 on each. The Company Secretary and Chief Executive Officer of Children & Families Limited also acts in these roles for each of the subsidiaries. The Board of Directors meets quarterly and sets the strategic direction and policy of the charity and group of companie5 under its control. Pay Pollcy for Senior Staff The board of Trustees aim to pay senior staff a fair salary that is competitive within the charity sector and proportionate to the complexity of each role, The Trustees are responsible in line with our charitable objectives based on the principle staff are paid an appropriate salary to attract and retain people with the leadership, experience, knowledge and skills required to lead the 8roup. Chlld Protertion As a children's charity the protection of children is our paramount concern. We have strict and comprehensive safeguarding and child protection policies, procedures and mechanisms in place to protect children from harm. We employ safe recruitment practices and ensure thorough vettin8 of staff includin8 the use of enhanced DBS disclosures. Staff are trained in child protection awareness and are supported by Designated Safeguarding Leads who ensure the safety of children within services. We audit these measures internally each year and biennially engage external consultants to audit these as well for additional assurance. STATEMENT OF TRUSTEES RESPONSIBILITIES The charity trustees (who are a150 directors of Children and Families Limited for the purposes of company law} are responsible for preparing the trustee's annual report and the financial statement5 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 fairviewof the state of affairs of the charitable company and the group and of the incoming resources and application of resources, includin8 the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unle55 it is inappropriate to presume that the charitable company will continue in operation.
Page 9 CHILDREN AND FAMILIES UMITED 2024125 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 charity and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable compan¢s website. Legislation in the United Kingdom governing their preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of Disclosure of Information to our Auditors In so far as the trustees are aware at the time of approving ourtrustees, annual report: there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the group's auditor is unaware, and the trustees, having made enquiries of fellow directors and the group's auditorthattheyought to have individually taken, have each taken all steps that helshe is obliged to take as a director in orderto make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. By order of the board of trustees Auditors UHY Hacker Young were reappointed as the charity's auditors during the year. Small Company Exemptions This report has been prepared in accordance with the special provisions relating to small companies within Part 415A of the Companies Act 2006. Approved by the Board and signed on its behalf by: ILbia L Rabbatts-chair Date.. 22" July 2025
Page | 10 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CHILDREN AND FAMILIES LIMITED Opinion We have audited the financial statements of Children and Families Limited (the 'parent charitable company.) and its subsidiaries (the'group,) for the year ended 31 March 2025 which comprise the Group Statement of Financial Activities, the Group and Charity Balance Sheets, Group and Charity statements of Cash Flows and notes to the financial statements, including significant accounting policies. The financial porting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 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: give a true and fair view of the state of the group's and parent Charitable company's affairs as at 31 March 2025 and of the group's incoming resources and application of resources, including its income and expenditure. for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinlon We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs {UK)) and applicable law. Our responsibilities under those stsndards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the group 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 In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statement is appropriate. Based on the vrfork we have perfomed, we have not identrfied any material uncertainties relating to events or conditions that, individually or collectively. may cast Significant doubt on the group or parent charitable company's ability to continue as a going concern for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. 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 financial statements. Our opinion on the financial statements does not cover the other infonnation and. except to the extent otherwise explicitly stated in our report, 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 inccnsistent 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 InnSisten¢1es or apparent rnaterial misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If. based on the work we have performed, we conclude Ihat there is a material misstatement of this other information, we are required to report that fact. We have nothing to r8POrt in this regard.
Page 111 Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit.. the information given in the trustees, report, which includes the Director's Report for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements., and the directors, report, which is included in the trustees, report, has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the group and the parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept by the parent charitable company, or retums adequate for our audit have not been received from branches not visited by us., or the parent charitable company's financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit- or the trustees were not entitled to prepare the financial statements in accordance With the small companies, regime and take advantage of the small companies, exemption in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of trustees. responsibilities set out on page 8 the trustees are responsible for the preparation of Ihe 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 group's and the parent 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 un18SS the trustees either intend to liquidate the group or parent charitable company or to cease operations. or have no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuran 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 aayS 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 Influen 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. We design procedures in line with our responsibilities. outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our ProdureS are capable of detecting irregularities, including fraud is detailed below-
Page | 12 How the audit was considered capable of detecting irregularities, including fraud." Our approach to identrfying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: we identrfied the laws and regulations applicable to the group and parent charitable company through discussions with management. and from our commercial knowledge and experience in the sector- we focused on specific laws and regulations which we considered may have a direct material effect on the accounts or the operations of the group and parent charitable company, including the Charities Act 2011 and the Companies Act 2006., we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting correspondence,. and identified laws and regulations were communicated within the audit team and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the charitable company's accounts to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was Susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and considering the internal controls in place to mstigate risks of fraud and non-complian with laws and regulation$. To address the risk of fraud through management bias and override of controls, we.. perfomied analytical procedures to identrfy any unusual or unexpected relationships- tested journal entries to identify unusual transactions., • assessed whether judgements and assumptions made in determining the accounting estimates sel out in the accounting policies were indicative of potential bias,. and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to.. agreeing financial statement disclosures to underlying supporting documentation: reading minutes of meetings of those charged with governance; and enquiring of management as to actual and potential litigation and Glaims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's websrte at: http-1lww.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
Page 113 Use of our report This report is made solely to the parent 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 parent charitable Company's member5 those matters we are required to state to them in an auditorfs 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 parent charitable company and Ihe parent charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. UHN HoeLe( Y£ Tracey Moore BFP ACA {Senior Statutory Auditor) For and on behalf of UHY Hacker Young Chartered Accountants and Statutory Auditors Thames House Roman Square Sittingbourne Kent. ME10 4BJ
CHILDREN AND FAMILIES LIMITED Page 14 GROUP STATEMENT OF FINANCIAL ACTivrriES Ilncorporatlng an Income and Expenditure A¢count) FOR THE YEAR ENDED 31 MARCH 2025 Notes Unrestricted Funds Restricted Funds Total 2025 Total 2024 INCOME Donations 201 76.307 76,508 91,354 Income from charitsble activities Grants receivable Fees receivable Rent and service charges receivable other income 138,988 1,976,680 80,277 60.008 480.480 41.515 619,466 2,018,195 80,277 60,289 769.215 1,617,836 88,409 171,946 281 Investrnent income 79,551 79,551 69.582 Total Income 2,335,703 598,583 2,934,286 2,808.342 EXPENDITURE Expenditure on charitable activities 1.996,737 505.820 2,502,557 2,372.304 Total Expendlture 1.996,737 505.820 2,502,557 2,372.304 Net Income for the year 338,966 92.763 431,729 436,038 Gross transfers between funds 16&17 29,905 29,905 Net Movement in Funds 368,871 62,858 431,729 436,038 Reconciliation of funds Total funds brought forward 2,362,743 596.751 2,959,494 2.523,456 Total funds Carried forward 2,731,614 659,609 3,391,223 2.959.494 The statement of financial activities includes all gains and losses recognised during the year.
CHILDREN AND FAMILIES LIMITED Page 15 BALANCE SHEETS AS AT 31 MARCH 2025 Notes Group Charity 31st March 31st March 2025 2024 31st March 31st March 2025 2024 Non Current Assets Tangible Fixed Assets Investments 10 641,811 490,708 377.016 104 194,354 104 641,811 490,708 377,120 194,458 Current Assets Debtors Cash at bank and in hand 12 115,269 2,918,006 203,137 2,656,088 26,175 2,913,815 62,825 2,651,286 3,033,275 2,859,225 2,939,990 2,714,111 Creditors: Amounts falling due within one year 13 176,225 259,760 377.510 307,295 Nèt Current Assets 2,857,050 2,599,465 2.562.480 2,406,816 Total assets less current liabilities 3,498,861 3,090,173 2,939,600 2,601,274 Creditors: Amounts falling due after one year 14 33,796 63,836 Provisions for Liabilities 15 73,842 66,843 Net Assets 3,391,223 2.959,494 2,939.600 2,601,274 Represented by.- Funds Unrestricted Restricted 16 17 2,731,614 659.609 2,362,743 596,751 2,279,991 659,609 2,004,523 596,751 Total Funds 3.391.223 2,959,494 2.939,600 2.601,274 These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. The notes on pages 17 to 31 form part of these accounts. Approv and signed on behalf of the Board for issue on 22nd July 2025 by.. lJi. Lauren Rabbatts David Bu¢kett Company Registration No. 0461 $904
CHILDREN AND FAMILIES LIMITED Page 16 STATEMENT OF CASH FLOWS AND CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 Notes Group 31st March 31st March 2025 2024 Charity 31st March 31st March 2025 2024 Cash used in operatlng actlvltles 23 387,122 376,010 373,200 350,434 Cash flows from investing activities Interest income 79,551 69,582 79,551 69,582 Purchase of tangible fixed assets <204,755) {35,098) {190,222) (1,355) Sale proceeds of tsngible fixed assets Cash provided by (used in) investing activities (125,204) 34,484 {110,671) 68,227 Increase (decrease) in cash Cash at the beginning of the year 1 April 2024 Cash at the end of the year 31 March 2024 261,918 2,656.088 410,494 2.245.594 262,529 418,661 2,651,288 2,232,625 2,918,006 2.656.088 2,913,815 2,851,286 Cash and cash equivalents consist ot. Cash at bank and in hand 2,918,006 2.656,088 2,913,815 2,651,286
CHILDREN AND FAMILIES LIMITED Page 17 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 AccountSng Pollcl a) General Inforniatlon and basls of preparatlon The address of the registered office is Seashells, Rose Street, Sheemess, Kent ME12 1 AW. The nature of the charity's operation and principal activities are the advancement of the education of the public in the subject of childcare and parenting. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practi 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Children and Families Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilits'es are initially recognised at historical cost or transaction value unles5 Otherwise stated in the relevant accounting policy. The financial statements are prepared on a going concern basis under the historical cost convention. modified to include certain items at fair value. Having reviewed the loss of the KCC funding which has been replaced by other funding, as disclosed in their report, the trustees can confimi their assumption that the charity is still a going concern and no significant unGertainty exisls in this respect. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless Otherwise stated. bl Volunteers The charity relies heavily on its volunteers to allow it to carry out the wide variety of work that it does, across its diverse range of services. The charity benefits greatly from the involvement and enthusiastic support of its volunteers. These include General Volunteers, Cororate Volunteers and our Trustees. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of volunteers is not incuded in the financial statements. c) Income and Debtors Income is recognised when the charity or its subsidiaries has entitlement to the funds, any performance conditions have been met or are fully in the control of the charity or its subsidiaries, there is a significant certainty that receipt is probable and the amount can be measured reliably. These resources represent fees receivable during the year, in addition to grants receivable from various organisations. Where gifts are received of goods and services these are included as donations received at their estimated market value. Debtors are recognised at the settlement amount less any discount agreed. Prepayments are valued at the amount prepaid after taking into account any discounts. d) Tangible Fixed Assets Tangible fixed assets costing more than £500 are capitslised and included at cost including any incidental expenses of acquisition. Items donated for ongoing use by the charity in carrying out its activities are recognised as tangible fixed assets and the corresponding gain recognised as income from donations wtthin the SOFA.
CHILDREN AND FAMILIES LIMITED Page 11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting Policies (contlnu•d Depreciation is calculated so as to write off the cost of fixed assets over the expected useful economic lives o the assets concerned. The rates used are as follows:. Leasehold improvements Office equipment Computer equipment Craft and gardening equipment Motor Vehicles Over the period of the Lease or 20 /¢ on Cost 20°/0 on Cost 33D/o on Cost 200/0 on Cost 250/0 on Cost The Trustees have elected not to depreciate freehold land and buildings. This decision is based on tht judgement that the residual value of these assets is estimated to be higher than their cost. The trustees revie the residual values annually to ensure that this judgement remains appropriate. e> Investments Investments comprise investments in subsidiaries which are measured at cost less impairment. n Expenditure and Credltors Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAI which cannot be recovered as the charity and one of iys subsidiaries are not registered for VAT. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and serdice< for its beneficiaries. It includes both costs that can be allocated directly to such activities and these costs of ar indirect nature necessary to support them. Governance costs includes those costs associated with meeting the constitutional and ststutory requirementc of the charity and include the audit fees and costs linked to the strategic management of the charity. All costs are allocated beeen the expenditure categories of the Statement of Financial Activities on a basi designed to reflect the use of the resour. Creditors and provisions are recognised at their settlement value less any discounts where the charty has 8 present obligation from a past event that will probably result in the transfer of funds to a third paty and the amount can be measured reliably. g) Fund Accounting Unrestricted funds are incoming resources receivable or generated from the objects of the charity without further specified purpose and are available in general funds. Designated funds are unrestricted funds ear marked by the Trustees for a particular purpose. Restricted funds are to be used for specific purposes as laid down by the donor, expenditure which meets these criteria is charged to the fund, together with a transfer which represents an estimate of support costs and management and administration costs. h) Operating leases Lease payments under operating leases, where substsntially all of the risks and benefits remain with the lessor, are charged as an expense in the period in which they are incurred. l) Financial instruments The charity has only basic financial instruments recognised at transaction value.
CHILDREN AND FAMILIES LIMITED Page IC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting Policies (continued) J) Ponsions benefits All eligible employees of the company are automatically enrolled into the NEST defi'ned contribution scheme. Employees are then able to exercise their right to opt out completely or to elect to have the company,: contributions paid into their own personal pension plans provided their own scheme is approved by thE Pensions Regulator. Employees contract directty with NEST or their own provider. The company pays the minimum contribution required by the Pensions Regulator and acts as agent for no charge in collecting and paying over employee pension contributions. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the relevant scheme. The charge for the year was £36.244 {2024: £36,181). The amount outstanding to pension providers at the year end was £8,004 (2024: £6,569). kl Basis of consolidation These financial statements consolidate the results of the charity and it's wholly owned subsidiaries Children and Families Childcare Limited, Fareshare Kent C.l.C. and Children and Families Children's Centres Limited on a line by line basis. A separate Statement of Financial Activities, or income & expenditure account, for the charity itself is not presented because the charity has taken advantsge of the exemptions afforded by Section 408 01 the Companies Act 2006. The net movement in funds for the charity was £338,326 {2024: £321,209). Exemption from the requirement to discbse transactions betrNeen the charity and its subsidiary companies has been taken under Section 33.1A of FRS102 as the transactions occur between wholly owned members. l) Judgements and key sources of estimation uncertainty In the application of the charitable company's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and olher factors that are considered to be relevant. Actual results may differ from these estimates. The key judgements and sources of estimation in these financial statements are as follows: Dilapidations The financial statements recognises a provision for dilapidations in respect of leased premises. This provision is based on an estimate of the costs that will be incurred to restore the properties to their original condition at the end of the lease term. The estimate is reviewed annually and adjusted as necessary based on the latest available information. Servlce charge costs In addition, the financial statements includes an estimate for seNice charge costs that have not yet been invoiced by the landlord but are included in the lease agreement. This estimate is based on historical service charge costs and any known changes to the service charges. The estimate is reviewed annually and adjusted as necessary based on the latest available information.
CHILDREN AND FAMILIES LIMITED Page 20 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2 Grants Recelvable Unrestricted Funds Restrlcted Funds Total 2025 Total 2024 BAE Systems Limited Colyer-Ferguson Charitable Trust Community Fund Community Organisations Cost of Living Fund Fareshare Involve Kent Kent Community Foundation Kent County Council Million Hours Fund National Lottery Awards For All Queenborough Fishery Trust SE Trains Limited Sheemess Town Council Southern Gas NeOrkS Southern Housing Swale Borough Council 3.500 10,000 138.623 3.500 10.000 138.623 3.500 10.000 116,609 60.226 209,861 138,570 138,570 1,000 1,000 9,000 3.000 9,960 9,800 166 166 4,000 48,014 500 4,000 48,014 500 24,985 9,918 302,356 10.000 264,843 10,000 265,093 250 138,986 480,480 619,466 769.215 In 2024 income from grants receivable was £789,215 of which £631,891, was attributable to restricted income and £137,324 to unrestricted income. 3 Income and ExndIture of Trading Subsidiaries The charity owns the whole of the issued share capitsl of Children and Families Childcare Limited. Company number 07600925. The results of this company are summarised below.. 2025 2024 Turnover Direct costs 1.231,748 987,318 982,681 891,491 244,430 19,043 91,190 15,720 Administrative expenses Operating Profit 225,387 75,470 Distribution paid to charity under gift aid Retained in subsidiary 24,929 200,458 75,470 The aggregate of assets, liabilities and funds was.. 2025 2024 Assets Liabilities 342,734 114,716 142.156 114,596 228,018 27,560
CHILDREN AND FAMILIES LIMITED Page 21 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 3 Income and Expenditure of Trading Subsidiaries (continued) Represented by: Ordinary shares of £1 each Profit and loss account 228,016 27,558 Total funds 228,018 27,560 The charity owns the whole of the issued share capital of Fareshare Kent C.l.C. Company number 08659808. The results of this company are SLJmmarised below: 2025 2024 Turnover Direct costs 651,366 449,608 690,454 387,261 201,758 88,758 303,193 118,773 Administrative expenses Operating Profit 113,000 184,420 Distribution paid to charity under gift aid Retsined in subsidiary (20g,155 132.763 (96,155) 51,657 The aggregate of assets, liabilities and funds was: 2025 2024 Assets Liabilities 347,174 133,530 502,766 192,967 213,644 309,799 Represented by: Ordinary shares of £1 each Profit and loss account 100 213,544 100 309.699 Total funds 213,644 309,799 The charity owns the whole of the issued share capital of Children and Families Children's Centres Limited. Company number 08953232. The results of this company are summarised below.. 2025 2024 Turnover Direct costs 232,143 206,946 280,778 244,132 25,197 29,329 36,646 31,679 Administrative expenses Operating (Loss)IProfit (4,132) 4,967 Distribution paid to charity under gift aid Retsined in subsidiary 6,768 17,265 (10,900) (12,298)
CHILDREN AND FAMILIES LIMITED Page 22 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 3 Income and Expenditure of Tradlng Subsldlarlos {continu•d) The aggregate of assets, liabilities and funds was: 2025 2024 Assets Liabilities 59,771 49,706 74,505 53,540 10,065 20,965 Represented by: Ordinary shares of £1 each Profit and loss account 10,063 20,963 Total funds 10,065 20,965
CHILDREN AND FAMILIES LIMITED Page 23 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4 Total Expenditure Charitable activities Provision of children and family services Unrestricted Funds Restricted Funds Totsl 2025 Total 2024 Grants payable Staff costs Training and recruitment Delivery fleet. staff travel and subsistence Activities, materials and consumables Catering Light and heat Cleaning Insurances Rent and rates Postsge, printing and stationery Telephone and intemet charges Repairs and renewals Subscriptions Depreciation Loss on disposal of fixed assets 750 237,440 1,233 666 242,562 117 1,657 319 853 6,442 27 1,156 10,115 750 1,475,792 8,707 49.640 268.048 23,820 55,645 22,680 39,535 75,320 5,860 6,610 71,264 879 53,652 1,238.352 7,474 48,974 25,486 23,703 53,988 22,361 38,682 68,878 5,833 5,454 61,149 879 53,652 1,330,070 12.178 45.789 283.602 23,455 67,296 18,361 39,599 78,877 9,155 5,170 51,553 623 72,798 Support costs Staff costs Training and recruitment Staff travel and subsistence Advertising Postage, printing and stationery Equipment hire and maintenance Bad debts Legal and professional Sundry expenses Bank charges 284,464 72 405 4.968 3.797 15.659 6,428 6.195 895 8.447 284,464 72 549 4.968 3,797 17.701 6.428 6,249 908 8,677 249,016 419 104 2,804 3,908 15,768 11,852 11.592 855 6,749 144 2,042 13 230 Governance costs Staff costs Staff travel and subsistence Courses and conferences Subscriptions Auditors, remuneration - audit of the financial statements 19,522 593 1,171 293 619 293 619 9.630 9,630 9,425 1,996,737 505,820 2,502,557 2,372.304 In 2024 expénditure from charitsble activities was £2,372,304 of which £559,868 was attributable to restricted expenditure and £1,812,436 to unrestricted expenditure. The auditors, received no remuneration for non-audit and other serVIS {2024.' £Nil). 5 Trustee Emoluments As in previous years no trustee has received any remuneration or benefits-in-kind. Also in this year none (2024 - one) of the trustees have been reimbursed for any expenses (2024- £51).
CHILDREN AND FAMILIES LIMITED Page 24 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 6 Infonnation on Employees Total 2025 Total 2024 staff costs are made up as follows: Wages and salaries Social Security costs Pension costs 1,636,425 87,587 36,244 1,492.543 69.884 36,181 1,760,256 1,598,608 No retirement benefits were accruing for directors (2024: none). The number of employees whose total emoluments amounted to over £60,000 in the year were as follows: Number Number £70,001- £80,000 The average number of employees during the period calculated on the basis of headcount, was made up as follows'.- Provision of child and family services Support and administration 63 13 80 14 76 74 The key management personnel of the parent charity and the group comprise the trustees, the Chief Executive Officer, the Group Accountant, the Head of Development and the Family Services Manager. The total employee benefits of the key management personnel were £250.584 (2024: 251,539). 7 Net Surplus for the Year 2025 2024 The net surplus for the year is stated after charging: Operating leases - buildings Depreciation of tangible fixed assets Auditors remuneration 57,643 53,652 9.630 51,877 72,798 9,425 8 Taxation The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK income tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Part 10 of the Income Tax Act 2007 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. No tax charge has arisen in the year. 9 Legal status Children and Families Limited is a company limited by guarantee. Every member undertakes to contribute such amounts as may be required, not exceeding £10 in the event of the company being wound up. The company has no share capital and is registered as a charity.
CHILDREN AND FAMILIES LIMITED Page 25 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10 Tangible Fixed Assets - Group Freehold Leasehold property improvements Motor vehlcles Equlpment Total Cost As at 1 April 2024 Additions Disposals As at 31 March 2025 185,560 3,839 330,830 190,222 186,206 312,384 10,694 1,014.980 204,755 189,399 521,052 186,206 323,078 1,219,735 Deprnclation As at 1 April 2024 Disposals Charge for the year As at 31 March 2025 131,004 128,814 264.454 524,272 7,142 28,945 17,565 53,652 138,146 157,759 282,019 577,924 Nat Book Value As at 31 March 2025 189,399 382.906 28,447 41,059 641,811 As at 31 March 2024 185,560 199,826 57,392 47,930 490,708 10 Tanglble Flxed Assets - Charlty Freehold Leasehold property Improv•m•nts Motor vehi¢les Equipment Total Cost As at 1 April 2024 Additions Disposals 309,815 190,222 133,673 443,488 190,222 As at 31 March 2025 500,037 133,673 633,710 Depreciation As at 1 April 2024 Disposals Charge for the year 120,398 128.736 249,134 5,026 2,534 7,560 As at 31 March 2025 125,424 131,270 256,694 Net Book Value As at 31 March 2025 374,613 2,403 377,016 As at 31 March 2024 189,417 4,937 194,354 Asset Under Contruction Included in additions to leasehold improvements is a community building under construction which had cost £36,867 (2024: £nil} at the balance sheet date . Depreciation will be applied once the building is finished in the next finanacial year.
CHILDREN AND FAMILIES LIMITED Page 26 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11 Fixed Asset Investments - Charity 2025 2024 Investment in group companies 104 104 The investment in group companies represents 1000/0 shareholdings in Children and Families Childcare Limited, Fareshare Kent C.l.C. and Children and Families Children's Centres Limited all incorporated in England and Wales. 12 Debtors Group 31st March 2025 Charity 31$t March 31st March 2025 2024 31st March 2024 Trade debtors Other debtors Prepayments 57,795 15.362 42.112 102,816 29,888 70.433 9,988 2.764 5.550 54.511 16,187 115.269 203,137 26,175 62,825 13 Credltors: Amounts falling due within one year Group 31st March 2025 Charity 31st March 31st March 2025 2024 31st March 2024 Trade creditors Amounts owed to group companies Taxation and social security Other creditors Accruals & deferred income 17,872 111,046 5,232 342,185 49,046 236,893 5,855 6,500 9,001 26,838 34,724 96,791 21,254 38,958 88,502 6,734 13,915 176,225 259,760 377,510 307,295 Unrestricted income relating to seNlCeS that have not been provided at the balance sheet date are reported as liabilty. As the service is delivered over time it is recognised as income in the SOFA. 14 Deferred Income Deferred income comprises government funding and grants received in advance at the end of the financial year. Less than one year Group Charity Over one year Charity Group Balance as at 1 st April 2024 Amount received in year Amount released to income earned from charitable actNlties 75,350 47,324 63,836 54,603 30,040) Balance as at 31 March 2025 68,071 33,796
CHILDREN AND FAMILIES LIMITED Page 21 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15 Provisions for Liabilities Service Charyes Dilapidations Total Balance as at 1st April 2024 Charged to income and expenditure Utilised in year 8,200 68,643 8,040 (1,041 66,843 8,040 (1,041) Balan as at 31 March 2025 8,200 65,642 73,842 As part of the Group's property leasing arrangements there is an obligation to repair damages which incur during the life of the lease, such as wear and tear. The cost has been charged to income and expenditure as the obligation arose. The provision is expected to be utilised when the landlord calculates and demands payment for dilapidations. In addition, a provision has been set aside for ants-cipated future service charge liabilities. The cost is charged to income and expenditure as the obligation arises. The provision is expected to be utilised when the landlord calculates and demands payments of service charge amounts. 16 Unrestricted Funds Balance at 010424 Balance al 310325 Income Expenditure Transfers Designated funds: Fixed assets fund Building reserve fund Redundancy reserve fund Family support fund Food povety fund General funds 641,811 10,000 1,213 330,000 113,000 1,066,119 641,811 270,930 187,273 330,000 886,263 415,337 260,930 186,060 773,263 1,142.490 2,335,703 1,996,737) 2,362,743 2,335,703 (1,996,737) 29,905 2.731,614 Balance Balance at 310324 Income Expenditure Transfers 010423 Deslgnated funds: Building reserve fund Redundancy reserve fund Food povety fund Goneral funds 250,930 146,587 588,843 1,091,174 10,000 260,930 39,473 186.060 184,420 773.263 147,788) 1,142,490 2,011,540 1,812,436 2,077,534 2,011,540 (1,812.436) 86,105 2,362.743 The fixed assets fund is set aside to identify the net book value of the group's fixed assets. The building reserve fund is money set aside to cover possible major expenditure required on the charity's property. The redundancy reserve fund is additional money put aside for Statutory Redundancy Pay for all applicable group employees at the balance sheet date.
CHILDREN AND FAMILIES LIMrrED Page 28 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16 Unrestricted Funds (continued) The family support fund represents funds set aside to help ensure the future stability and sustainability of child and famity services. The food povety fund is money set aside to help ensure the future sustainability and growth of Fareshare Kent and other food povety related services. 17 Restrlct•d Funds Balance at 010424 Balance at 310325 Income Expenditure Transfers Colyer Fergusson Charitable Trust Southern Housing Million Hours Fund (Making Waves) Home Advisor Capital Fund Household Support Fund Home Adviser Revenue Fund Southern Gas Netr0rk Fuel and Water- Swale BC Imagination Library Fareshare Kent Sheerness Town Council Community Fund Famity Foodbank Community Building South Eastern Trains Swale Member Grant 7,312 6,069 4,122 2,730 10,197 10.000 {12,509} (8,888) (4,122) (2,150) (238,593) (6,380) 5,000 7,181 2,000 (17,000) 42,353 (12.476) (14.877) 2,580 255,593 35,973 12,476 14,877 2,431 281 19,165 500 119,718 122,125 29,905 48,014 2,250 (391) {19,165) (500) (119,718) (111,819) 2,321 546,734 557,040 (29,905) 48,014 1,500 750 596,751 617,748 {524,985) (29.905) 659,609 Balance at 010423 Balance at 310324 Income Expenditure Transfers Colyer Fergusson Charitable Trust Southern Housing Million Hours Fund (Making Waves) KCF Core Costs Grant Awards For All West Area Energy Packs Helping Hands Household Support Fund Southem Gas NetrNork Power Partners Fuel and Water- Orchard Community Fuel and Water- Swale BC Imagination Library Fareshare Kent Community Fund Famity Foodbank 10,000 9,918 9,960 4,000 9,800 (2.688) (3,849) (5,838) (4,000) (6,482) (1,500) (1,122) (277,535) (12,509) (2,472) (656) (3,051) (829) 7,312 6,069 4,122 (3.318) 290 (450) 3,940 1,572 2.730 277,535 24,985 12,476 2,312 656 357 3,111 160 17,571 149 82,787 116,609 233,488 14,877 2.431 (82,787) (116,609) 120,728 433,974 546,734 445,922 796,802 (559,868) (86,105) 596,751
CHILDREN AND FAMILIES LIMITED Page 29 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17 Restricted Funds (continued Cotyer Fergusson Charltablo Trust Funding to deliver the aquatots service which aims to promote water safety to children and families living across the Isle of Sheppey. Southern Housing Funding received to support the Kemsley, Sittingboume Community Pantry. Million Hours Fund (Maklng Waves) A youth based project aimed at supporting and empowering young people in Sheemess to have better opportunities in life by providing services and activities they would like to engage in. Home Advlsor Capital Fund Funding for utility saving measures such as winter warm packs and fuel and water efficiency packs to support people across Swale. Household Support Fund Funding to provide support to vulnerable households through the distribution of digital pre-paid Cards to help with utility costs and though food support. The transfers to the Home Advisor Funds is the amount of funding received within the total to support our related energy work. Home Adviser Revenue Fund This grant funding enables us to deliver the Fuel and Water Home Adviser seNice to local residents in need of utility advice, support and fuel vouchers, and assists with money management, budgeting and debt advice. Imaglnatlon Llbrary For families approaching eligibility for 'free for two,, we undertake face to face book corner visits and enrol them onto the Imagination Library, through which they receive a free new children's book each month. Far•Shar• Kent Funds received from Fareshare UK to contibute towards the cost of employing a Regional Food Sourcing Officer and various warehouse improvements. Sheerness Town Council Funding to support our Cycle to Re-cycle event. where free bike helmets will be provided to everyone who purchases a recycled bike Community Fund Funding received from the National Lottery for a project working with families, with a particular focus on community safety, early years education, health & wellbeing, community engagement and family finances. Famlly Foodbank The Family Food Bank gives food boxes to families in crisis identified by workers in the community. We're able to support families across Kent and Medway through approximatety 80 distribution centres. Communlty Bulldlng Funding to build and develop our community building under construction. The transfer against this project in the accounts represents the capitalisation of the building. South Eastern Trains Funding to support our community events and Early Childhood Development role. to help address local health inequalities. Swale Member Grant Funding to support the delivery of our transport week activities (Beep Beep Week & Choo Choo Week). This service raises awareness of road safety, train safety, highway code and basic safety skills.
CHILDREN AND FAMILIES LIMITED Page 30 NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 18 Analysis of Group Net Assets between Funds General Designated Funds Funds Restricted Funds Total Tangible fixed assets Net current assets Amounts falling due after one year 641,811 1,674,466 641,811 2,857,050 107,638 522,975 107.638 659.609 415,337 2,316,277 659,609 3.391,223 20 Related Party Transactions During the year the charity contracted with J Rabbatts Electrical & Security, an entity controlled by the husband of Lauren Rabbatts (Chair of Trustees} for the purchase of a CCTV system ft)r £1.888 (2024.. £nil). This transaction was carried out at amis length and had been paid for by the year end. In the previous year to 31 March 2024, the charity contracted with Swale CVS, a charitable organisation managed by Christine WhFte (Trustee), to supply consultancy services of £1,000. This transaction was also carried out at amis Eength and was paid after the year end. Jim Duncan {Chief Executive) is also a Trustee of Swale CVS. There were no other related paty transactions. 21 Revenue Commitments At the period end the group was committed to making the following payments in respect of operating leases none of which related to the charity with expiry dates as follows".- 2025 2024 Land and Bulldings Due.. Not later than one year Later than one year not later than 5 years Later than five years 42,000 122,500 37,215 118,125 164,500 155,340 22 Capital Commitments Igroup onty) 2025 2024 Delivery vehicle contracted but not provided for 45,000 Once acquired, it is envisaged that the cost of the vehicle will be reimbursed by Fareshare UK.
CHILDREN AND FAMILIES LIMITED Page 31 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 23 Reconciliation of Net Movement in Funds to Net Cash Flow from Operating Activities Group 31st March 2025 Charlty 31st March 31st March 2025 2024 31st March 2024 Net movement in funds Add back depreciation charge and loss on disposal Distributions paid to charity under gift aid Deduct interest income Decrease (increase) in debtors Increase (decrease) in creditors 431,729 53,652 436,038 72,798 97,474 7,560 240,852 (79,551) 36,650 70,215 171,181 7.294 150.028 (69.582) (33.901) 125.414 (79,551) 87,868 106,576 (69,582) (86,533) 23,289 Net cash used in operating activitles 387,122 376,010 373,200 350N34