Charlty reglstratlon number 1134977 {England and Wales)
Company registration number 06582318
THE SPRINGFIELD PROJECT
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE SPRINGFIELD PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
H C Greenwood
Mr Timolhy Boyes (Chair of Trustees)
F Cross Sudworth
P J Hunt ffreasurer)
A Roper Hall
Rev T Thomas
C L Minchin
Hiba Salman
Fahiza Begum
(Appointed 24 February 2025)
(Appointed 23 September
2024)
(Appolnted 3 June 20241
{Appolnted 3 June 2024)
Mark Zakers
Yasser Khan
Charlty number (England and Walos)
1134977
Company nurnbor
06582318
Reglstered office
The Sprfngfield Cenlre
Springfield Road
Moseley
Birmingham
B13 9NY
Auditor
Thomas and Young Limited
Carleton House
266-268 Strafford Road
Shirley
Solihull
B90 3AD

THE SPRINGFIELD PROJECT
CONTENTS
Page
Trustees report
Statement of Trust8es r8sponsibllities
Independent auditorfs report
10-12
Statement of financial activities
13
Balance Sheet
14
Statement of cash flows
15
Notes to the financial statements
16-28

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial ststements have bèèn prepared in accordance with the accountlng policl8s set out in note 1 to the
financial statements and comply wlth thè Springfield Project's goveming document. the Compani6s Act 2006. FRS
102 Yhe Financial Reporting Standard applicabl6 in the UK and Republic of Ireland" and the Charities SORP
'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr
accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)"
Objectives and actlvltles
Wision, misslon, roots and values
Our objecttves are reflected in our vision, mission. roots and values statement. This is set out below:
Our vision Is to show God's lovo In our community
This means Improving the conditions of life for all our local ￿IdentS in the former Springfield ward and surrounding
area. We do this by focusing on children. young people. families and individuals by providing a range of accessible
educational. social welfare. recreation, and wellbeing services.
Our mlsslon Is to help others live life to the full
Our mission is to strtve for every child. every young person, every parent and every adult in our community having
the opportunity to reach their full potential in life. This also extends to every member of staff and every volunteer
who helps out in any of our services.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Our roots are Christian
As an expression of the church's mission. all aspects of our activities should refiect the love. compassion and
forgiveness which Christians believe are most perfectly displayed through Jesus Christ.
We seek to live out the example of Jesus, who welcomed everyone, listened. and seNed others and wanted us all
to grow to experience life in all its fullness. He says. in the Bible. "I have come in order that you might have life, and
have it to the full" (John 10'.10). "I tell you the truth. anythlng you dld for even the least of my people here, you also
did for me" (Matthew 25.40). °For I came to serve not lo be served.. ° (Mark 10.45). In Acts 6, Jesus, early followers
made it a priority to organise care for others. This Continues to be our mandate.
Our partners are those who Can help our communlty
Our values, rooted in our faith, may be shared by others too and we work in partnership with others to achleve our
aims. We celebrate that Christians are not the only people motivated to work for the good of the community. As a
place of practical compassion where many people gather. we are glad to learn together with others how Ihey live out
their values and faith.
Ourvalues
Our values define how we d81iver our services. They a￿ regularfy highlighted with staff, volunteers and sejvice
users and now dearly fomi part of the induction procedure for new staff and volunteers. In seeking to show God's
love in the community and living life to the full. we expect all who represent the Springffield Project to share our
values:
Welcoming and inclusive: We seek lo provide a safe space for our community where all are welcome. We
embrace diversity. celebraling the way in which people of different faiths or no faith can work together to
bring about positive change in the lives of individuals and the community- We treat all who come to the
Project with respect and warmth and recognise each person as an individual.
Listening- We recognise and value the unique insights and experiences of members of our community- We
seek to ensu￿ Ihat the views of all those who have an interest in the Project inform the continuous
development of our services.
Serving.. We seek lo contribute to the transformation of the lives of individuals, families and the wider
community. We show compassion in our work. and strive to meet people at their point of need. We seek to
get alongside people to share their stories, and offer support.
Professional.. Our community deserves the best we can give them: therefore we recruit professionally
qualified staff on the basis of their skills, knowledge and experience. We welcome and value Ihe
Contribution of our trained volunteers who greally enhance our services. We have policies and procedures
in place to help us achieve our aims and objectives.
Gro￿ng.. We look for the best in people and seek to empower them to use their strengths to take charge of
their own lives and to support others. We are all on a joumey of lrfe-long leaming. We leam through our
daily life and work, as well as through discussion, reflection. practice and education. We accept mistakes
and apologies, and encourage others by showing change and growth in ourselves.
The charitable aims of the company as set out in our founding documents state:
The objects of the Charity are to provide ￿re and support to people nationally and inlernationally, and in particular
to children. young people and families in the ward of Springfield. Birmingham in accordan￿ with the tenets of the
Chrtstian failh as understood by the Church of England, in particular but not exclusively by the provision of spiritual
and other support, advice. services and facilities in the interests of social welfare for education and recreation with
the objective of improving the conditions of life for the residents.
Provided that the objects of Ihe Charity shall be delivered without distinction of age, sex, sexual orientation, menlal
capacity, race. creed or colour or of political, religious or other opinion; that the fre8dom of people of all faiths or
none to hold and to express their beliefs and convictions respecffully and freely, within the limits of the UK law. is
a¢knowledged,' and that our Christian fallh or b81ief shall not b8 imposed on others.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
strategies foraGhieving aims and objectives
Our objectivos for 2023-2026
Buslness as usual-
We will provide a wide range of supportive activities for children and their families in Sparkhill and the wider
area, focusslng on families experiencing poverty and disadvantage.
We will retain our expertise and focus on Early Years provision.
We will ensure that all of our servi￿$ and activities are delive￿￿ to a hlgh standard withln our Quality
Assurance Framework.
We will ensure that the Project resources are managed effectively
We will invest in and make the most of our assets. people and buildings.
Priorities:
Vision
We will strengthen our shared sense of purpose with St Christopherfs Church, living out God's love for Springfield.
In the project we will do this by further engaging all staff in what this means.
Direction-
We will be well prepared for the end of the current BFS contract in order to make strategic decisions and
respond to any changes.
We will horizon scan, fund raise. deade what to initiate and what to stop led by our vision I mission AND
the desire for sustainability in challenging times.
We will build on our approach to community relationships, supporbng a more inclusive and integrated
community.
We will further work with strategic partners to deliver shared aims and develop new strategic and
operational relationships to further the aims of the charity.
We develop our sense of purpose in nurturing volunteers and opening pathways to employment as an
extension of empowering, enabling and enriching.
Govemance-
We will improve our specificity in measuring and evaluating what we do.
We will find better ways of giving value lo the diverse voices of front line staff and those the project serves
(of all ages).
Cnteria used ft)r assessing succe55
Our Impact model of change - The Springfield Pathway: "Empower, Enable, Enrich"
The Springfield Empower, Enable and Enrich EEE pathway provides a vehicle for explalnlng. monltorfng. recording
and evidencing milestones on an individual's journey through the centre and measuring our impact as people have
opportunSty to Ilve Ilfe In all its fullness.
Depending on people's starting point we offer a range of activities that empower, enable. or enrich their lives. We
meet individuals at their point of need and work with them to identify a pathway. All of our activities are designed
with this in mind.
We also want to empower, enable and enrich Springfield as a community and provide events which bring our
community together with this aim. We all need the right environment to flourish., this includes children. adults.
famllles, our staff and volunteers.
To empower is to help people to understand they have a personal Choice, power and authority, or remind Ihem of
their personal choice, power and authority and help them leam to use it. We do this by coming alongside people
and walking with them on their joumey offering encouragement and emotional support.
To onable is defined as lo provido someone with th& resources, authority, or opportunity to do something- to make
something possible or feasible." We do this by providing servlces l activities for people to join.
To enrich is to improve or enhan￿ the qualty of Irfa for people. We do this through offering social a¢tivities and
events for the wider community.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Public benefit
The Trustees have pald due regard to guidance Issued by the Charity Commission in deciding what activities th8
Springfield Project should undertake.
Achlovements and performance
Significant activities and achievèm8nts against objectffts
Who we are and what we dld th1$ year
The Springfield Project was established by St Christopher's Church to help show God's love in our community
through practical service and action in Bimiingham. Our area stretches beyond the church parish and now covers a
much wider area wtthin the Hall Green district of Birmingham. In addition to our rnain site at The Sprtngfield Centre,
we run a Nursery on nearby Park Road and deliver a range of activities in outreach venues.
In 2024125 we had an income over £1.7m, employed an average of 59 people, and were supported by over 75
volunteers. This year, our volunteers contributed 2.318 hours - the equivalent of 64 working weeks and a value of
£27,843
representing an extraordinary gift of time, care and support that direclly enriched the lives of local
families.
Our Chlldren's Centre service includes support for families wtth children from pregnancy to the age of 5. This
includes targeted family support and group and 1-1 support packages around= parenting. healthy families. ante-natal
care and infant feeding, speech and language development. stay and play and much more.
In April 2024, we became one of the Binningham Family Hub sites. Family Hubs offer in-person. virtual, and
outreach services within the cornrnunity. These hubs provide various sUPPOrt services for families wilh children from
birth to age 19 (or up to 25 for those wlth Special Educational Needs or Disabilities {SEND) through a multi-agency
partner ne￿ork. Services include help for domestic abuse. SEND support. and housing advice.
This year the totsl number of parents and Chlldren who were seen and benefited from Springfield's Children's
Centre was 1.871 (748 adults and 1.123 children).
Our nursery provision continues to provide early education to the children of Springfield. All of our nursery children
attend for 15 or 30 hours per week. tem-time only, wtth fvnding from Early Edueation Entitlement grants. Both
nurseries provide tailored support to a number of children with complex special needs and disabilities. Both
nurseries receive an Ofsted grading of Good in 2022.
Mini-springers Nursery provided eady education for 93 children during Ihe school year and Park Road Nursery
welcomed 71 children. Mini Springers Nursery introduced several new programmes. including: The Eady talk Boost
programme, The Brilliant Brushers programme and the Bright Beginnings programme. We expanded the number of
places available for children with Special Educalion Needs and Disabilities (SEND) al Park Road Nursery, reflecting
our strong commitment to the belief that every child should be able to reach their fvll potential. Our Community
Seryices provision for adults includes English language classes and Place of Welcome. 135 people participated in
the English classes. The programme continues to focus on embedding health and wellbeing messages. 247
pèople atlended Place of Welcom6.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
This year we launched a new partnership with Central England Law Centre providing free legal advice drop-ln
sessions at Place of Welcome. This helped 108 people to improve their incorne through advice on welfare benefits.
housing, and other legal issues. These sessions achieved a tolal annualised incom8 of £156,489, an average of
£1.449 per dient.
The Seedlings Stay and Play group. runs In partnership with St Christopher's Church. In the last 12 months 627
children attended Seedlings with their parentslcarers, with 277 new children joining during the year. We saw an
average of 24 children per session.
This year our 'Child Friendly Neighbourhood, init18tive. funded by a National Lottery Reaching Communities grant,
entered its third year. offering children and young people a broad range of experiences that were informed and
designed by the young people themselve5. Through the funding we have Created a range of dubs. activities, events
and playschemes. We launched Sunshine Club, a Salurday group for Children with special educational needs and
disabilities.
Butterfties. a stsy and play group for children with additional needs supported 32 children and Iheir families.
Thanks to funding from the Holiday Activity Fund we ran Holiday Play activities three times during the year. 170
children aged 5 -11 accessed sessions of our fvn, stimulating play provision at The Springfield Centre and the Park
Road site.
Building on the success of the Chlld Friendly Neighbourhood programme. our Heritage project. Sparkhill - A Child's
Eye View. funded by The National Lottery Heritage Fund, connects chIld￿n with Ihe history of their neighbouthood
Ihrough a child friendly lens. 112 ¢hildren have participated in a variety of events.
Launched this year. the Building Greener Communities project is a 3-year initiative led by ecoBimiingham and
funded by the National Lottery Community Fund. It will support The Springffield Project to embed environmental
sustainability across our projects and services. In the last 12 months we engaged 355 people through 28 community
events.
We launched our Growing up Green festival vthich was attended by 600 adults and children.
We continue to chair the Birmingham Earfy Years Music Consortium and to act aslgad organisation for the Youth
Music-funded Sounds of Play ProJect, building a sustainable ne￿Ork of Early Years music practice betsveen Earty
Years service5 and music organisations to support children's musical entitlement across Birmingham.
We welcomed back the Creative Families festival which took place over Iwo days and saw 365 people attending.
Our Founder
St Christopher's Church was the founder of the Springfield Project and operated many of the activities prior to
transferring them to a charitable company in 2008. The Church continues to provide a range of support for the
charity. such as trustees, buildings for Ihe charity to OP8rate out of. volunteers and helpers for regular activities. and
prayer for our work and those we work with.
Flnanclal revlew
Total income for the year was £1,700,205 and total expenditure was £1.577.629. The Project showed a surplus for
the year of£122.576.
Totsl reserves for the year stood at £791.600 ofvthich £525,400 was unrestricted (with sorne designation)
Reserves policy
It Is the policy of the Springfield Project that unrestricted funds which have not been designated for a specific use
should be maintained at a level equivalent to be￿een three and SIX month's expenditure. The Trustees conslder
that reserves at this level will ensure that. in the event of a significant drop in funding. they will be able to continue
the Springfield Project's current activities while consideration is given to ways in which addillonal funds may be
raised. This level of reserves has been maintained throughout the year.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
It is Ihe policy of the charity to maintsin free reserves equivalent to al least 3 months, expenditu￿ In thè event that
Springfield loses one or more contracts. £250.000 is an estimate of the costs reqUI￿d to eilher keep the charity
operational while securing naw contracts or to close the proJect if necessary.
Principal fvnding sources
The principal source of funding continues to be the Children's Centre grants. total £703.637 plus Nursery Education
Funding of£591,631.
In addition, a number of other grants were received in Ihe year.
Risk Management
The Board of Trustees maintains a risk ￿gister. which is reviewed regularly and systems put In place to mitigate
risks identified. Intemal risks are minimised by the implementation of effective internal control procedures and good
supervision of all activities of The Springfield Project. Our ReseNes Policy fO￿S part of our risk management
strategy.
The Project is diligent in ensuring its safeguarding policy and procedures are followed and the policy is reviewed
annually by the trustees. A trustee has been appointed as Safeguarding Trustee. Criminal records checks are
carried out for all slaff and volunteers. including trustees. through the Disclosure and Barring Setvice at the
beginning of their seNice and repeated every three years.
Plans for futurg perlods
The funding for our Children's Centre service is now In place until February 2027. A review of the Chlldren's Centre
model has been undertaken to ensure the service can be delivered suslainably.
The running costs of all our services continues to be higher than previous years due to the ongoing high inflation
levels. We continually review the services to ensure they are running as efficiently as possible.
It is the practice of the trustees to designate some of their f￿e reserves for specific costs outside of nomial budget
provision. They are to allow for Ihree months running costs should funding no longer be available. emergency
repairs and provision for tribunals should it be necessary, and other small areas of development.
We will continue to pursue our strategic plan until March 2026 whilst remaining flexible and adapting to new
opportunities and the exlemal environmenl. Koy areas for the year 2&26 are-
Improve oversight and systems for Comms and MaTketing
Preparation for re-tendering of 0-5 Children's Centre and 0-19 Family Hub service
Sustain and further develop Sparkhill Child Friendly Neighbourhood programme
Promotion of Child Friendly Neighbourhood model
Develop strategic plan for new Ihriving neighbourhood. offer and more adult-focused work based on
learning from Child Friendly Neighbourhood programme
Review and refresh of the relationship between the Church and the Project
structure, governancè and management
The Springfield Project is an award-winning charitable company limited by guarantee, incorporated on May 1st
2008, and registered as a charity on March 161h 2010. The company was established under a Memorandum of
Association that established the objects and powers of the charitable company and is govemed under its Article5 of
Association. These were revised in 2018 to provid8 for increased clarlty.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees. who are also the directors for the purpose of company law. and who served during the year and up to
the date of signature of the financial statements were..
H C Greenwood
Mr Timothy Boyes (Chair ofTrustees)
F Cross Sudworth
P J Hunt (freasurer)
A Roper Hall
Rev T Thomas
C L Minchin
Hiba Salman
Fahiza Begurn
Mark Zakers
Yasser Khan
(Appointed 24 February 2025)
(Appointed 23 September 2024)
(Appointed 3 June 2024)
(Appolnted 3 June 2024)
Recruitment and appointment of tmstees
The Springfield Project is overseen by a board of tfustees. All trustees are selected according to their skill set and
the requirements of the organisation and business plan, and according to their shared commitment to the overall
aims. values and chaiitable objects of the Springfield project.
This year we have welcomed two young trustees to our Board and have chosen to restrict tNstee posts lo
young people in future. This helps us lo ensure that the voices of young people from our community are heard at all
levels of the organisation and supports young people to develop as future leaders. In addition we welcomed
new adult trustees who have brought new skills and experience to our Board. The increased diversity of our Board
strengthens our capacity to understand and respond to the needs of our community.
Our Chair Tim Boyes is supported by Vice-chair Rev Tom Thomas. Peter Hunt chairs our Finance Committee,
ison Roper-Hall our HR and Organisational Development Committee. and Tom Thomas our Performance and
Impact Committees.
The Board of Trustees met four times during the year with an additional strategic away day. Each Committee also
meets four times during the year.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of tho company
and guarantee to contribute £1 in the event of a winding up.
Management
Whilst the day-trFday management of The Springfield Projed is delegated to the Chief Execulive Officer and staff.
the Board of Trustees retains Ihe responsibility (legal and financiall for the affairs of the Project and for aclivities
carried out in its name. The CEO receives support from TTUStees and reports directly to the Trustees every quarter.
The Executive and Senior Leadership Team continued to be focused on reporting and delivering against the
business plan objectives and to developing new projects to meet the needs of the ¢ommunty and to safeguard
levels of income.
Funds held as custodian trustee
The charfty ha5 not held any fijnds during the year on behalf of others.
Auditor
In accordance with the companls articles, a resolution proposing that Thomas and Young Limited be reappointed
as auditor of the company will be put at a General Meeting.

THE SPRINGFIELD PROJECT
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustses report was approved by the Board of Trustees.
Mr Timothy Boyes (Chair o
Tnjstees)
P J Hunt {Treasurer)
29
11
25

THE SPRINGFIELD PROJECT
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees. who are also the directors of The Springfield Project for the purpose of company18w. are responsible
for preparing the Trustees Report and the financial statements In accordance wlth appIl￿ble law and United
Kingdom A¢counting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financlal yèar whlch glve a true and falr
V18w of the stale of affairs of the Springfield Project and of the incoming resources and application of resources.
Including the income and expendlture, of the charftable company for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently-
- observe the methods and pr5nciples in the Charities SORP;
make judgements and estimates that are reasonable and prudent.,
slale whether applicable UK Accounting Standards have been followed, subject to any material d8partures
disclosed and explained in the financial statements: and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Springfield Project will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the Springfield Project 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 Springfield
Projed and hence for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities.
In so far as the trustees are aware-
- There is no relevant audit information of which the charitable company's auditors are unaware., and
The tNstees have taken all steps Ihat they ought to have taken to make themselves aware of any relevant audit
infomiation and to establish that the audilors are aware of that infomiation.

THE SPRINGFIELD PROJECT
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE SPRINGFIELD PROJECT
Opinion
We have audited the financial slatements of The Springfield Project (the 'Springfield Project,) for the year ended 31
March 2025 which comprise Ihe slatement of financial activities. the balance sheet, the statement of cash flows and
notes to the financial statements. induding significant accounting policies. The finan¢ial 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 applicabl8 in the UK and Republic of Ireland
(United Kingdom GenerallyAccepted Accounting Practice).
In our opinion. the financial ststements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of Its
incoming resources and application of resources, for the year then ended:
have been propedy prepared in accordance wilh United Kingdom Generally Accèpted Accounting Practice:
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for opinion
We conducted our audit in accordance with Intemational Standards on Audtting {UKI (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Audrfoffs responsibilities for the audit of
the financial statements section of our report. We are independent of the Springfield Project 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.
Concluslons relaling to going concern
In auditing the financial statements, we have concluded that the Trustees use of the golng COn￿M basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that. individually or collectively, may cast significant doubt on the Springfield Project's ability to continue
as a going concem lor a period of at least ￿e1ve months from when the financial statements are authorised for
155ue.
Our responsibilities and the responsibilitles of the Trustees with respect to going concem are described in the
relevant sections of this reporL
Other Infomiation
The other infomation Comprises the infomiation included in the annual report other than the financial statements
and our audiloffs report thereon. The Trustees are responsible for the other inlomiation contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do nol exp￿$$ 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 rnis5taled. If we identify such material incon515tencies
or apparent material misstaiements, we are required to detemiine whether this gives rise to a material misstatement
in the financial stalements themselves. If, based on the work we havg performed, we conclude that there is a
material misslatement of this other infonnation, we are required to report that fact.
We have nothing to report in this regard.
Matters on whlch we are requlred to report by exception
We have nothing to report in respect of the following matters in relation to vthich the Charities (Accounts and
Reports) Regulations 2008 requires us to report to you if. in our opinion..
the information given in the financial statements is inconslstent in any materlal respect with the Trustees
report; or
sufficient accounting records hav8 not been kept,. or
the financial statements are not in agreement with the accounting records., or
we have not re￿iVed all the infomiation and explanations we require for our audit.
10-

THE SPRINGFIELD PROJECT
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE SPRINGFIELD PROJECT
Re5ponslbllitles of Trustees
As explained more fully in Ihe statement of Trusiees responsibilities. the Trustees. who are also the director5 of the
Springfield Project for the purpose of company law, are responsible for the preparalion of the financial statements
and for being satisfied that they give a true and fair vlew. and for such internal control as the Trustees detemiine is
necessary lo enable the preparation of financial stslements that are free from material misstatemen[ whether due
to fraud or error. In p￿parIng the financial statements, the Twstees are responsible for assessing the Springfield
Project's ability to Continue as a going concern. disclosing, as applicable, mallers related to going concem and
using the going concern basis of accounting unless the Trustees either intend io liquidale the charitable company or
to cease operations, or have no realistic alternatlve but to do so.
Auditorfs responslblllties for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and r8POrt in accordance wth the
Act and relevant regulations made or havlng effect therèunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whelher due lo fraud or error, and to issue an auditols report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
wilh 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.
The extent lo which our procedures are capable of detecting Irregularities, induding fraud, is detailed below.
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 whlch our procedures are capable of detecting irregularities, including fraud is detailed below:
Assessment of the susceptibility of the charity's financial statements to material misstatement. including
how fraud might occur.
Assessment of the laws and regulations identified as being of slgnificance In the context of the charity.
We obtained an understanding of the legal and regulatory framework applicable to the charity and how the
charity is complying with that framework.
We obtained an understanding of th8 charity's poli¢ies and procedures on compliance with laws and
regulations. in¢luding documentsllon of any instances of non-compliance.
We obtained an understanding of the charity's policies and procedures on fraud risks. including knowledge
of any actuai. susp&cted or alloged fraud.
We ensured that our audit personnel have the experience and knowledge to identify or recognise non-
compliance with laws and regulations.
We use appropriate audil resources and tools to guide us in selecting the right audit approach. As a result
of these procedures. we have considered the opportunilies and incentives that may exist within the
organisation for fraud and identified the highest area of risk to be In relalton to income recognition, with a
particular risk in relation to year-end cut off. In common with all audits under ISAS (UK) we are also
required to perfomi specific protsdure5 to respond to the risk of management override.
11

THE SPRINGFIELD PROJECT
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE SPRINGFIELD PROJECT
Our procedure5 to resFiond to rfsks Identified included the following:
Reviewing the financial slatement disclosures and testing to supporting d0￿ments110n to assess
compliance with provisions of relevant laws and regulations described as having a direct effe￿ on the
financial statements.
Performing analytical procedures to identify unusual or unexpected relationships that may indicate risks of
material misstatement due to fraud.
Reviewing board meeting minutes.
Enquiring of management in relation to actual and potential claims or litigations.
Performing detailed transactional testing in relation lo the recognition of income, with a particular focus
around year-end cut off.
In addressing the risk of fraud through management override of controls. testing the appropriateness of
journal entries and other adjustments: assessing whelher the judgments made in accounting estimates are
Indicative of potential bias; and evaluating the business rationale of significant transactions that a￿ unusual
or outside the normal course of business.
We communicated Identified laws and regulations and potential fraud risks to all members of the
engagement team and remained alert to possible indicators of fraud or non-compliance with laws and
regulations throughout the audit.
A5 a result of the inherent limitations of an audit, there Is a risk that not all irregularities, including a material
misstatement in financial statements or non-compliance with regulation, will be detected by us. The risk inGreases
the further removed compliance with a law and regulation is from the events and transactions reflected in the
financial statements. given we will be less likely to be aware of it. or should the irregularity occur as a result of fraud
rather than a oneryoff error, as this may involve intentional concealment, forgery. collusion. omission or
mi$rep￿Sentatlon.
A fijrther description of our responsibilities is available on the Financial Reporting Council's website at.. httpsjl
www.frc.org.uklaudit0rs￿$pQnslb1lItie$. This description forms part of our auditorfs report.
Use of our report
This report is made solely to the charitys trustees. as a body. in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent
perrnitted by law. we do not accept or assume responsibility to anyone other than the charity and the charitys
trustees as a body, for our audit work, for this report. or for the opinions we have formed.
Mark McLean FCA (Senior Statutory Audltor)
For and on behalf of Thomas and Young Limited, StatutoryAuditor
Chartered Accountants
Carfeton House
266-268 Strafford Road
Shidey
Solihull
B90 3AD
Date: .
Thomas and Young Limited is eligible for appointrnent as auditor of the Springfield Prolect by virtue of its eliglbS1Ity
for appointment as audltor of a company under secllon 1212 of the Cornpanies Act 2006.
12-

THE SPRINGFIELD PROJECT
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlctad Rostricted
funds
funds
2025
2025
Total Unra$trl¢tod Rostricted
fund$
funds
2024
2024
Total
2025
2024
Notes
In¢ome from:
Donations and legacles
Charitable activities
Investments
34,710
748,250
3,234
34,710
914.011 1.662.261
3.234
3,540
676.120
349
3.540
773.199 1.449,319
349
Total Income
786,194
914,011
1.700,205
680,009
773.199 1,453.208
Expenditure on:
Charitable activities
660,802
916,827 1,577.629
553.182
891,138 1,444,320
Total expendituro
660.802
916.827 1.577.629
553,182
891.138 1,444.320
Net Incomel{expendlture)
125,392
(2,816)
122.576
126.827
(117.939)
8,888
Transfers betAveen
funds
(47,707)
47,707
Net movemont In
funds
77.685
44.891
122,576
126,827
(117,939)
8,888
Reconciliation of funds:
Fund balances at 1 April 2024
447,715
221,309
669.024
320.888
339.248
660,136
Fund balances at 31 March
2025
525,400
266,200
791.600
447.715
221.309
66g.024
The statement of financial activities Includes all 9ains and losses recognised in the year. All incom8 and expenditure
derive from continuing activities.
13-

THE SPRINGFIELD PROJECT
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notos
Current assets
Debtors
Cash at bank and in hand
12
105,825
736,854
201,515
517,226
842,679
718,741
Creditors: amounts falling duo wtthln
one year
13
(51,079)
(49,717)
Not current assèts
791,600
669,024
The funds of the Springfield ProJe¢t
Restricted income fund$
Unrestri¢ted funds
15
16
266.200
525.400
221.309
447.715
791.600
669,024
The company is entiUed to the exemplion from Ihe audit requirement contained in Seclion 477 of the Companies Act
2006. for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements under the requirements
of the Companies Act 2006. for the year in question in accordance with section 476.
However, an audit is required in accordance viith section 144 of the Charities Act 2011.
The Trustees acknowledge their ￿sponSIbl[1t1eS for comptying with Ihe requlrements of the Act with respect to
accounting records and preparation of financial stalements.
These financial statements have been prepared in accordance with the provisions appli¢able to companies subject
to the small companies regime.
The financial statements were approved by the TTUSteès on ............. ...... ....
Mr Tlmolhy Boyes (Cha
of Trustee5)
Company reglslrallon number 06582318 (England and Wales)
14-

THE SPRINGFIELD PROJECT
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash Ilows from operating actlvltIes
Cash generated froml(absorbed by)
operations
20
216,394
(143.259)
Investlng activities
Investment income received
3,234
349
Net cash generated from investing actlvltles
3.234
349
Net cash generated from Ilnan¢lng activities
Net increasel(decreaso) in cash and cash
equivalents
219.628
(142,910)
Cash and cash equivalents at beginning of year
517.226
660.136
Cash and cash equlvalents at end of year
736.854
517,226
15-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policles
Charlty Information
The Springfield Project Is a private company limited by guarantee incorporated in England and Wales. The
registered office is The Springfield C6ntr8, Springfield Road, Moseley, Birmingham. B13 9NY.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Springfield Projecvs goveming
document. the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Charities SORP '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)". The Springfield Project is
Public Benefit Entity as defined by FRS 102.
The financial statements are prepared In sterling, which is the fijnctional currency of the Springfield Project.
Monetary amounts in these financial statements are rounded to Ihe 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
Springfield Project has adequate resources to continue in operational existenc8 for the foreseeable future.
Thus the Trustees continue to adopt the going ¢on¢ern 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 their charitable
objectives.
Restricted funds are subject to spe¢Tfi¢ ¢onditions by donors or grantor5 as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to Ihe financial statements.
Endowment funds are subject to specific conditions by donors that the Capital must be maintained by the
Springfield Project.
1.4 Income
Income is recognised when the Springfield Project is legally entitled to tt after any performance conditions
have been met. the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on ￿ceIpt. Other donations are recognised once the Springfield Project has
been notified of the donation. unless performance conditions require deferral of Ihe amounL 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 otheNAse If Ihe Springffield Project 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 contlngent asseL
16-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Contlnued)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obllgallon to transfer economic benefit to
third party. 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 classlfied by acttvity- The costs of each activity are made up of Ihe total of direct costs and
shared costs, including support costs involved in undertaking each activity. D1￿ct costs attributable to a single
activity are allocated directly to that activty. Shared costs which contribute to more than one activity and
SUPFK)rt costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the assevs use.
1.6 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call wlth 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.
1.7 Flnanclal Instruments
The Springfield Project has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '01her Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Springfield Projecvs balan￿ sheet when the Springfield Project
becomes paty to the contractual provisions of the instrument.
Financial assets and Ilabilities are offset, with the net amounts presented in the financial slatements. when
Ihere 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.
Basic financial as$ots
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 intsresl. Financial assets
lassified as receivable within one year are not amortised.
Baslc finan¢lal Ilabllltles
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 paymenls discounted at a market rate of interest Financial liabilities classlfied as payable
within one year are not amortlsed.
Debt instruments are subsequently carri8d at amortised Cost. using the effective interest rale method.
Trade creditors are obligations to pay ft)r goods or services that have been acqulred in *he ordinary course of
operations from suppliers. Amounts payable aro classified as current liabilities rf payment 15 due within one
year or less. If not, they are presenled a5 non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective inlerest method.
Derecognltlon of ffnanclal liabilities
Financial liabilities are derecognised when the Springfield Projecys contractual obligations explre or are
discharged or cancelled.
17-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Contlnued)
1.8 Employoe benefits
The cost of any unused holiday entitlement is recognised in the period in whlch the employee's semces are
received.
Termination benefits are re¢ognised immedialely as an expense when the Springfield Project is demon51rably
committed to temiinate the employment of an employee or to provide termination benefits.
1.9 Retlrement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and Judgements
In the application of the Springffeld Proje¢Vs 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 resul*s may differ from these estimates.
The estimates and underfying 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 bolh Current and future
periods.
Income from donations and legacles
Unrestricted Unrestrlcted
funds
funds
2025
2024
Donalions and gifts
Grants
6,217
28,493
3.540
34.710
3,540
18-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Incorne from charitable actlvltles
Unrestrlcted Reslri¢ted
funds
funds
2025
2025
Total Unrestricted Restri¢ted
lunds
funds
2024
2024
Total
2025
2024
Sprlngfield Project activlties
Community Services
Children's Centr8
SeNi¢es
Grants
Services
Park Road
Mini Springers
Other income
1,766
1,766
92,258
17.842
110.100
699.873
86.999
126,726
699.873
86.999
126,726
346,741
383,954
16.202
693.874
50.629
10.854
693,874
50,629
10,854
226,616
357.246
346,741
383,954
15,789
226,616
357,246
413
748.250
914.011 1,662,261
676.120
773.199 1.449,319
In¢ome from invgstrnents
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Interest receivable
3.234
349
19-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Exponditure on charflable actlvltles
Springfield Sprlngfleld
Project
Project
activities
activities
2025
2024
Dlrect Costs
Staff costs
Rent l Outreach
Resources
Sundry
Growing up Green
HolidayActivity Fund
Faith Action
Birmingham Children's Trust
Domestic abuse & Freedom Programme
Heritage Fund
Children's Cenl
Youth Music
928,505
873,346
6,008
126,627
43,570
9,401
6.315
5,652
390
32
3.629
1,800
16,125
61,912
1.077.331
1.005,981
Share of support and governan¢e cosls (see note 7)
Support
Govemance
480,318
19,980
415,406
22,933
1.577.629
1.444,320
Analysls by fund
Unrestricted funds
Restricted funds
660,802
916.827
553.182
891,138
1.577.629
1,444.320
Support costs allocatsd to activitles
2025
2024
Staff costs
Premises costs
Office costs
Recrullment & tralning
Business team
Governance costs
255.646
103,390
89,628
31.654
248,799
45.809
80,109
37,525
3.164
22.933
19,980
500.298
438,339
Analysed between:
Springfield Project activities
500,298
438.339
-20-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net movoment In funds
2025
2024
The net movement in funds is ststed after chargingl(creditingl'.
Fees payable for the audlt of the charitys financial statements
8.500
14,000
Trustees
None of the Trustees (or any persons connected wlh them) recelved any remuneration or beneffts from the
Springfield Projeci during the year.
10 Employèes
The average monthly number of ernployees during the year was:
2025
Number
2024
Number
Support {Busin8ss Team)
Seedling$
Park Road Nursery
Mini-springers Nursery
Community Services
BFS Children Centre
11
12
11
15
14
15
19
Total
59
59
Employment costs
2025
2024
Wages and salarfes
Social security costs
other pension costs
1.106.333
61,045
16,773
1,027.468
70.640
24,037
1.184.151
1,122.145
There We￿ no employees whose annual remuneration was more than £60.000.
11 Taxatlon
The charity is exempt from taxation on its activities because all ils income is applied for charflable purposes.
21

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Debtors
2025
2024
Amounts falling due withln one year:
Trade debtors
Other debtors
Prepayments and accrued income
29.135
9,200
67,490
36.885
4,000
160,630
105.825
201.515
13 Creditors: amounls falllng due wllhln one year
2025
2024
Trade creditors
Other creditors
Accruals and deferred incomè
21,426
20,736
1,768
27,213
29,653
51.079
49,717
14 Retlrement beneflt schemes
2025
2024
Defined contribution schemes
Charge to profil or loss in respect of defined contribution schemes
16,773
24.037
The Springfield Project operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately from Ihose of the Springfield Project in an independently
administered fund.

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Restricted funds
The restricted funds of Ihe 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
Incomlng
resources
Resources
expended
Transfers At 31 March
2025
BCHC (Children Centre)
National LiteraGy Trust
Awards forAII
The National Lottery
Community Fund
Youth Music
ecoBimiingham (Building
Greener Communities)
Birmingham Childrens Trust
{BCT)
Faith Action
Stage Coach Group
HolidayActivity Fund
Seedlings and buttefflies
Garfield Weston
Grimmit Trust {CFN)
BCC (Freedorn)
West Midlands Police (CFN)
The National Lottery (Hertiage
Fund)
Place ofwelcome
699.873
(662,393)
(6231
(2.083)
47.707
85,187
623
2,083
179.427
20.791
631
105,000
(88,277)
(67.3121
91.781
58,479
14.320
{11,317)
3.003
82
5,201
(82)
(8.506)
{1.000)
(23,657)
(15.000)
{15.0001
3,305
1,000
2,781
20.876
15,000
15,000
2.500
2.500
139
3.983
11.299
(11,160)
(17)
4,000
25.878
5.650
(4,750)
(5,650)
21.128
221,309
914.011
{916.827)
47,707
266,200

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Reslrfcted funds
(Contlnued)
Prevlous year:
At 1 April
2023
Incoming Resources
resour¢es
expended
Transfers At 31 March
2024
BCHC (Children Centre)
National Literacy Trust
Awards for All
The National Lottery
Community Fund
Youth Music
B'ham City Council Focus
Group
Emergrency Food Grant
B'ham & Solihull Women's Aid
Faith Action
stage Coach Group
Yardley Great Trust
Holiday Activity Fund
Beyond B'ham
Blossom Project
Sparkbrook Children Zone
St. Paul's Volunteering Support
Childrens and Young Persons
(incl. domesli¢ abuse)
656,220
(656.220)
623
3,248
623
2.083
(1,165)
258.706
49.925
(79,279)
(29,134)
179,427
20.791
3.470
15,571
10.854
7,500
1.000
(3.470)
{15.5711
(24,184)
(4.195)
13.330
3,305
1,000
10.819
2.597
(10.819)
{30,503)
(10,000)
(350)
(1.867)
(1.147)
30,687
10,000
350
1.867
1.147
2,781
35,698
(24,399)
11,299
339,248
773.199
(891.138)
221.309
-24-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Restrfcted funds
(Contlnued)
Unrestricted funds of £47.707 have been transferred to restricted funds to cover the deficit on the Chlldren
centre for 25-26 and 26-27.
Restricted funds are utilised for the following purposes:
Chlldren's Centre - Contract wns to Feb 2027.
National literacy trust- to support speech and language resources.
Awards for all & Faith Action- to support the delivery of English classes
The National Lottery Community Fund- to support the Child Friendly Neighbourhood (CFN) Project.
Youth Music (Sounds of Play) - This money is to support the development of musical teaching ability in Early
Year5 fronuine delivery staff so they can use music with children. We are primary fund holders for this. A grant
awarded to Springfield as leading partner.
ecoBirmingham (Building Greener Communities) project is a 3-year initiative led by ec0-BI￿lnghaM and
funded by the National Lottery Community Fund.
stage coach group- to support debt advice service from Narthex.
HolidayActivity Fund - to support the delivery of holiday playschemes.
Seedlings and butterf]ies- to support our stay and play groups.
Garfield Weston- to support core costs of The Springfield Project.
BCC {Freedom)- help for DomesticAbuse.
Grimmit Trust (CFN) & West Midlands Police {CFN) are part of 'Child Friendly Neighbourhood, Programme,
funded by National Lottery Reaching Communities grant, offers children and young people a broad range of
experiences.
The National Lottery (Heritage Fund) to undertake trips for children to Heritage sites and engage young
people. To connect children with the history of their neighbourhood through a child friendly lens.
Place of welcome- to support the running of Place of Welcome.
-25-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Unrestricted funds
The unrestricted fijnds ofthe charity comprise the unexpended balances of donations and granis which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated fijnds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 Aprll
2024
Incoming
resources
Resources
expended
Transfers Al 31 March
2025
Youth I Special Education
Needs
English Classes and Forest
School
Premises Repairs & Leglon8lla
actions
Human Resources
Reserves - Children Centre
Reserves- MS Garden Work
Reserves- Other5
Saturday Opening Reserve
CFN Salary Cost
Fundraising and Comms
Support
General funds
10.893
2,232
13,125
4,804
4,295
(4,804)
4.295
20.000
30.000
50,568
4,623
24.623
30.000
2.861
15,065
96,622
13.000
10,000
(47.707)
15.065
93,489
13.000
10.000
20.150
(17.017)
27,295
616.195
27,295
288.514
311,300
(638,981)
447.715
786,194
{660.802)
(47,707)
525,400
Prevlous year.
At 1 Aprll
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
General funds
320.888
680.009
(553.182)
447.715
The deslgnated funds above have been combined for presentation purposes. The breakdown is as follows.
£4.295 relates to English Classe5.
Breakdown of Reserves- Others.. .
£91.866 are Reserves for Nurseries.
£1,623 is the Surplus from Seedlings.
£3.133 Is the reserve relating to Nursery SEND.
-26-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Analysls of net assets between funds
Unrestrtcted
fund5
2025
Reslricted
funds
2025
Total
2025
At 31 March 2025..
Current assetsl(Ilabilities)
525,400
266.200
791,600
525.400
266.200
791.600
Unrestrl¢ted
funds
2024
Restrlcted
fLtnds
2024
Total
2024
At 31 March 2024:
Current asse￿{lIabIlIties}
447,715
221,309
669.024
447,715
221,309
669,024
18 Operatlng lease commltments
Lessee
At the reporting end date the Springfield Projed had outstanding commilments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows..
2025
2024
Wilhln one year
Be￿een Iwo and five years
8.109
16,557
9.783
24.249
24.666
34,032
19 Related party transactlons
The Charity has a close relationshlp with St Chrlslophe￿s Church by ￿ason of I￿0 Trustees (A Roper- Hall
and T Thomas} who serve on both Boards. There are a number of transactions involving the Church either
way, by contributions from the Church towards specific project costs, or for shared occupancy and
administration costs. In addition the Charity makes payments to the Church in respect of use of premises.
During the year total contributions received from St. Christopherfs Church totaled £9.222 (2024: £10,464) and
total payments made to the Church totaled £5.198 (2024.. £3,722). At the year-end there was a balance of
£2.390 (2024: £2.238) owed by the Church, and a balance of £Nil (2024.. £Nil) owed to the Church.
-27-

THE SPRINGFIELD PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Cash generated froml(absorbed by) operations
2025
2024
Surplus for the year
122,576
8.888
Adjustments for:
Inveslment income recognised in stalement of financial activities
(3.234)
(349)
Movements In worklng capital:
Decreasel(increase) in debtors
Increase in creditors
95,690
1.362
(201,515)
49,717
Cash generated froml(absorbed by) operatlons
216,394
(143.259)
21 Analysis of changes In net funds
The Springfield Project had no material debt during the year,