Patrons Naomi Khoo, Helene Raynsford and Lord Brownlow CVO DL Company Registration Number: 07279320 Charity Number: 1137609 Dlngley Famlly and SpeGlallst Early Years Centres (Limited by guarantee) Financial Statements st For The Year Ended 31 March 2024
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Contents For the year ended 31 March 2024 Pag8 Legal and Administrative information Trustees. Annual Report Stalefflenl of Direclors Responsibilities 12 Independent Audil0¢5 report 13 sta19rn9nt of fi'nancial activi1188 17 Balancg shget 18 siaiemeni of cash flows 19 Notes to th8 financial stat8m8nls 20
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Legal and Administration Information st For the Yèar Endèd 31 March 2024 Registered office Kennel Walk Community Centre Kennet Walk Kenavon Drive Reading Berkshire RG1 3DG Company R8gistration Number.. 07279320 Charlty Number: 1137609 Outreach addresses Poplar Place Shaw Ngwbury Berkshire RG141NA All Salnts School Norrey's Avenue Wokingham Berkshir8 RG401 UX Northumberland Road Southampton S014 OEL Coney Hill Road Gloucester GL4 4NA Moorè Av8nU8 Wesl Howe Boumemoulh BH118AU Independent Audltor Crowe UK R+ Building 2 Blagrave Street Reading 8erkshire RG1 1AZ
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Legal and Administration Information st For the Yèar Endèd 31 March 2024 Bankers CAF Bank Limited Kings Hill West Malling Kent NIE19 4JQ National Westminster Bank Chatham Rcsc Western Av¥nu Waterside Court Chatham Maritime Chatham Kent IE4 4RT Aldermor9 Bank Pl Floor 1. Block B, Western House Lynch Wood P818rborough PE2 6FZ Shawbrook Bank Limited Lulea House Warley Business Park The Driv8 Gr&al Warl8y Brentwood Essex CM13 3BE Insuranc• Brokar Slanmore Insurance Brokers Limited 30 High Stregt Ille Lever Bolton Lancashire BL3 1NB Lawyers Blandy and Blandy, One Friar Street, Reading, Berkshire, RG1 1 DA
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 The Trustee Board presents ils report, IcMJether with the financial statements, for the period from 1 April 2023 to 31 March 2024. Reference and administrative details of the charity, and its Trustee Directors Dingley's Promise is a reglstered charity, nLimber 1137609 and is a charitable company limited by gLiaranlee, number 07279320. The charity number, company number, present Trustees (also being Directors of the charitable company hereafter referred to as trusleesl are noted on page 1, Trustee Board The members of the Trustee Board during the period were as follows.. Chair,. Treasurer.. Mr Russ811 Fowler Mr Peter Brogden Iresigned 17 November 2023 Mr James Laidlaw lappoinled 17 Novemb8r 20231 Trustees- Mr Charfi8 Tale Ir6sign8d 16 Oclobar 20231 Mr Micha&l Sch8epers (resigned 4 July 20231 Ms Masako EguGhi-BaGon st Ms Helen Willlams (appointed 1 May 20231 Ms Elizabeth Roles18ppoinled 1 May 20231 Ms Cheryl Warren lappoinled 17 November 20231 Ms Emma Kemp lappoinled 17 November 2023} Ms Sarah Clarke lappoinled 17 November 20231 Mr Andrew Logie (appointed 29 January 20241 Ih Ms Jasmine Anthony lappoinled 1 May 2023- resigned 4 July 20231 Honorary Pre8ld6nt: Mr David Ormrod We currently have no parent represenlalives al any ol our cenlres, Patrons Mr8 Naomi Khoo Mrs Helene Raynsford Lord Brownlow of Shurlock Row Stru¢turo, governanca, and manag•m8nt Dingley F8mily and Specialist Early Years Centres is both a registered charity and a company limited by guarantee. It is govemed by Micles of Association, which were approv8d and adopted in August 2010 (upon registration as a charitable company), and reviewed in 2022 to reflect the full scope of the impact we aim to have on children with SEND and their families across the country In May 2016, Ihe company formally a(bpled Dingley's Promise as the new brand name, retaining Dingley Family anl Specialist Early Years Centres as ils registerel company name. The term Dingley's Promise lor Dingley) will be used throughout the remaining narrative sections of this document where appropriate. As we seek volunteers with new skills and experience and as, inevitably, we must replace volunteers who can no longer work with u5 for various reasons, the charity will have to "induct new Trustees on a reasonably regular basis_ To provid8 a consistency and thoroughness of introduction that will maximisg the n8w Trust88 cDnlribulion as quickly 28 possible. wè follow an induction process which is bolh simplè and yel sufficiently flexible lo take account of individual needs and availability. The process is described in the Trustee Induclion docurnent dated April 2017, and includes".
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 - Attending at least one Board Meeting as an observer,, Providing a CV and letterlemail outlining the contribution that th8 Potential Trusteg feels they will make to Oingley's Promise - Agreeing a written Trustee Role Specification specilic to their role on the Board., Signing a Truslee Commitment document detailing their commilment to the organisation, including CDmpletion. within 3 months of appoinlmenl. of a Safeguardirbg Children Level 1 course and a cl&ar DBS check. Upon appointment as a Trust&e, the Chief Operating Officer will inform Companies House and the Chari1y Commission of that appoinlmenl, and the now Trustee will complete the Ofsled EY2 on-line rogislralion process, Wheri 8ppoinling k8y m8nagem8nt, and whèn reviewing Ih6ir remuneration packag88. exlemal benchm8rking is undertaken against directly compatible roles, wherever possible. The Trustee Board is responsible for settirwJ and agreeing the remuneration package of the CEO. The CEO reviews and recommends changes lo the remuneration package8 of hislher direct reports Is8e below), which must be agreed by lh8 Trustee 808rd who will bear in mind the agreed expenditure budget for the relevant period. We are aware of the Charity Governance Code and we believe our own main principle5 and process85 by whieh govgrn adhgr8 v8ry clos@ly lo Ihg Sgvèn printipl8g of good govèrn¥ncg eontain8d within th@ ttod8. As we develop our Trustee Board and ways of working, we wll consciously and constantly check our progress against these principles and their underlying directional guidance. Organlsatlonal structure and decl6lon.maklng pro¢ess The Trustee Board delggates day lo day management of the operations of the charity lo the Chief Executive Officer ICEO}, Catherine McLd MBE, who was appointed in March 2015. The CEO has live direct reports.. Chi8f Op8r81ing Offic8r Fundraising & Communications Managei Finance Manager Training Programme Manager Human Resources Manager Ouring the 2023124 financial year, Trustee meetings were held once every two months, either via Teams or in person. In belween meetings, decisions were made in consullalion with Ihe Chair, Treasurer and other Trustees as required. If necessary, a special meeting of the Board was convened. In 2016, w8 cr8at8d an Advisory Board, and this curr8ntly comprises the following individuo19= Laxmi Patel (SEND Lawl Liz Pemberton (Equily, Diversily and Inclusion) Chris Burnell (Buildings Manager) Lorna Fairburn IHRI Charlie Tail Ilnformalion Technology) ObjÈ¢tivg$ and a¢tivitig8 We have referred to the guidance contained in the Charity Commission's general guidance on public benelil when reviewing our aims and objective and in planning our future activities. Dingley's Promise vision is 'The best st8rt for every child,. Our Mission Statement is 'VVe deliver life changing support lo under 5.5 Wlth additional needs & disabilities and their farnilies, by providing specialist learning through play, family 5UPPOrt & training, and advice to main51ream s8ttings'.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 Within this overall framework, our main objectives are- Reach as many children as possible. Ensure every child transitions lo the best educational option lor them when they leave us. Be active in networking and signposting lo ensure all the child's needs are met, Ensur8 parents are always given choic&s and their voic8s ar8 heard. We also took the opportunity as part of the strategy review lo bring lo the fore our core values.. We seek excellence in all w8 do through continuous leaming and improvement. We care for each other. our children and their families. We promote devélopmentof children, families & our team in a stimulating environment. We work with Inte9rlty, sharing resources and expertise for besl outcomes. We empower children and families lo make their own choices. The Wesl Berkshire Cenlre operates from a building in Shaw, Newbury. which opened lo families in mid-February 2015. We have 8 sub-lease for the building, large garden and 10 car parking spaces wllh Shaw Soclal Club which is co-termlnus with their own lease with W8sI BerkshSre Council. The Wokingham Centre operates from premises within All Saints School in Wokingham. We have a licence lo occupy this space Iwilh 12 month5 notice by either parlyl and pay both fixed 8nd variable le,g. utilit18S Costs) elements of rent based on the percenlago of space Ihal we occupy within the school. The Readlng Centre operates from a Reading Borough Council owned buSldSng for which we pay a peppercorn r8nl, bul for which wè musl pay th8 buildings insurance, ulilili@s cosls and all 8ssoci818d building m8inl8n8n costs as p8rt of the lease. The lease doesn't expire until July 2034. ITr January 2023 8 new Centr8 opened in Gloucest8r, fully funded by Gloucesl8r Council, initially providing Places for 16 children and in March 2023 new centres were opening in Southampton and Bournemoulh. Volunl88rs play a very Important rol8 within the charity. as515ting with fvndraising, undertaking administration lo lak8 the pr8ssur8 off18ams. supporting childrèn in th8 Cèntrès, and h8lping with m8811im88. Ding18y's Pmmis8 was awarded Ihe Queen's Aw8rd for Voluntary Service Ithe MBE for charities) in June 2011. Rlsk Management Statemenl A formal Risk Policy has been implemented since February 2015 and 15 under annual review. The policy stales that: The Trustees and executive management of Dingley'5 Promi58 believe that sound risk manag8ment is integral lo both good management and good governance practice. Risk management considerations will form an integral part of our decision-making and be incorporated within strategic and operational planning. Risk assessment will be conducted on all neNv activities and projects to ensure they are in line with the Dingléls Promise 8lral8gic plan and obj8ctives. Ribkb and vppvriunilies will be ideiililied, ancilybed dnLI reporled al (Jn appropriale level arid escalaled as necessary. A risk register covering key strategic risks will be maintained and updated al least twice a year and more frequently where ri5k5 are known to be volatile. All staff will be provided with adequate training on risk managem3nt and their role and respon5ibilitie5 in implementing this.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 Oingley's Promise will regularly review and monitor the effectiveness of its risk management framework and updale il a5 considered appropriate. Reports will be made lo the Trustee Board and CEO each quarter of continuing and emerging high concem risks and those wher8 priority action L% needed lo effect b8tler control. This policy is a formal acknowledgement that the Trustee Board is committed to maintaining a strong risk management framework. The aim is to ensure that Dingley's Promise makes every effort lo rnanage risk appropriately by maximising potential opportunities whilst minimising the adverse affects of risks. This policy will be used lo support the intern81 ¢ontrol systems of Dingle$ Promise, en8bling us to respond lo operational, strategic and financial risks regardless of whether ihey are internally or externally driven. Golng concorn Our perfomian¢e in recent years, even those years which resulted in an operating deficit, has always left us al the end of th8 year ivith a good cash ba88, a Reserv8s Fund to cover a managed wind-down in Ihg event af co)Ilapse in funding lor other event re8ulling in forced closure), suffi'cient funding in all other restricted funds to cover assel values and liabilities (e.g., unspent grants) and additional unrestricted funds to develop the organisalion and ils 59rvice5, We are aware of, and adhere lo, Ihe Charity Commission's guidance on 'Managing a charity's finane8s.' planning. managing difficultiès and insolv8ncy ICC121'. Wg fimly bèli&v& that our strong governance and management make a compelling case lor Oingley's Promise lo be considered a Golng Concern. Achlevements and perfomiance Th8 charity s8ls and irackg a d8lai18d sèl of Key P8rformanc8 Indicators {KPI81 roulin8ly. Th8s8 includa.. Operational performance by centre, such as number of hours of leamlng through play sesslons, number of children allending, number of children on walllng list., Fundralslng performance such as return on investment. grant submisslons, grant SUC$$ rates, number of donors Communication performance such as social medi8 followers, website hits and conversion rates, national print and broadcast media coverage Training perfom)an¢e such as number of learners, number of children affected, number of plaS created and revenue. A 'KPI Pack is updated every month, and distributed lo all Board Members prior to each Board meeting, and any questions or observations are covered al the rneelings, This has been another year of strong growth and development at Dingley's Promise. The key focus areas remain unchanged.. directly impacting children and their families through existing and new Cenlres,. positively influencing the EY SEND agenda locally and nationally- indirectly impacting large numbers of children by implementing praclilioner training across the country. Significant strides have bèen lak9n within all of these strategic priorities. Prlorlty 1.. Centres Centres continue to be the core of the Oingley op&ralion. During the year, two new centres were opened, one in Southampton and the other in Boumemoulh. Opening new cenlres is the most effective method of extendiThJ rhe Dlngley Impaci lo more children and famllles, and openlng these two new sltes, both fully funrjed by local auihorilie5, has been a clear demonstration of the charity's slral&gy in action. The number of children supported during the year across all cenlres was up 71 0/0 on the previous year. Addilionally, 67.89/0 of all children transitioning trom Dingley Centres did so into a mainstream environment.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 Priority 2.. Influencing EY SEND Agenda Hosted by our Patron, Lord Brownlow, Dingley implemented an event al the House ol Lords to launch ils manifesto, attended by Members of Parliament, Lords. key play9rs in the EY SEND environment, both nationally and wilhin local authorities. ThÈ Dingley CEO, Catherine McLe(xJ, outlined the organisalion's manifesto. and Ihe Minister for Children, David Johnston. gave a keynote speech reinforcing rnany of the manifesto themes. As the year has progressed, Dingley has conlinued lo influence the EY SEND agenda in many foru5, exarnple5 of which are.. being invited to join the DIE EY SEND Expert Advisory Bo8rd and Change Program Board., being contracted by the DfE to give strategic support lo the Safely Valve and Delivering Beller Value inilialives,. as a result of Dingley work, The Minister communicaled to all Local AulhL)ritieb r¥gJarding th¥ impuil&nGe of EY SEND funding. Priority 3.. Praetitionèr Training Our training initiative continues to be Central to our overall slralegy, as il provides a way of coding the deep expertise built in cenlres over several decades, and pulling this lo work through large numbers of praclllloner5 and settings across Ih8 country. Over 14,000 praclilioners access8d Ding18y training during the year, and th8 impact of the Iraining led lo the creation of 3342 new places In mainstream sellings for chiklren with SEND. K?y Evonts Impa¢tlng p•rformanc8 During this year, the key events that have most impacl8d our performance have been the opening of two new cenlres. This represented a 50Q/D increase in our organisalional footprint so Carried considerable nsk. The risk was mitigated by three critical factors,, firstly, ensuring that CL)ntracts with Local Authorities are in place to fund new cenlres,. secondly. w8 have added k8y roles such a5 a COO and a Quality Manager lo the central t8am to provid@ the n&c8ssary support lo th8 incr8as8d numb8r ol c8ntr8s: finally, m8ticulous planning of the op8nirwJ of new cenlres. We 8re delighted that these 8clivilies have allowed us lo open the new cenlres srnoolhly and wilhoul any negative impact on the organis81ion. We will continue to deploy this proven 8pproach as we open further new centres in th8 fulurg. Fundraislng Income comes from four areas, 1. "OonaliDns & Legacies": included in this arga are funds raised by fundraising events such as our annual Gala Dinner, and corporalel personal donations. We sel ourselves a largel of £136K, against which we achieved £121 K, the largest gap being in fundraising events anecdotally driven by higher interest rates and lower disposablg income. 2, Charilable Activit5 - Grants examples of kgy grant income this year have been Thg Big Lottery, Childron In Need and an ongoing partnership with Comic Relief. We achieved Granl income of £335K, against a target of £371 K, the shortfall driven by Non-statulory Operalional Grants. 2, Govemmenl Contracts: the ch8rity's biggest area of income, consisting predominanuy of SLA'S, but also Includlng 5P8clflc fundlng commltrn8nls such as Thg Stronger Practlce Hub. In thls are8, w8 achleved an income of £631 K versus a budget of £616K. 4, Open Market.. induding income from. for example, the Nursery Education Grant, bul also income from our consultancy and training practices. This fundraising area was on larget with income of £485K versus a budqet of£489k. We do have third party fundraising partners which include JustGiving, The Good Exchange and challenge providers such as the London Marathon, Ultra Challenge and other event organisers. We monitor the income on thes8 plarforms and then m8lch il with the income r8ceived in our bank on a regular basis.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 We take part in a range of voluntary fundraising schemes, including partnering on community events, online fundraising through various plalforms and cha119nge fundraising where individuals take on challenge5 and raise money for us. We do not engage in cash collections on the street, although we sometimes do this in partner business premises such as supermarkels, entertainment venues etc. Any complaints related lo fundraising can be raised through our standard complaints procedure. which is foUj on our website. This year we have had no fundraising complaints. We consider four main aspects when fundraising fairly - resP8Ct. fairness. respDnsiveness and accounlabilily. We actively consider whether a donor has the capacity to donate or whether they are vulnerable. We do nol ever pressure donors, and are particularly careful about asking our service users for support, as we know they rnay feel obliged to donate. We are clear Ihal any donations have no effect on th? services they receive. As the organisation grows, expanding ils footprint and imp8cling significantly more children, il is absolutely crilical that the internal operations team develops to be able lo deliver this growih agenda. This has been a key focus ar88 for the yèar, and 8xampl8s of d8V8lopm8nl include.. adding the role of Chief Operating Offic8r. facililaling deeper Operations Management and giving the CEO the headroom required lo fullil their priorities.. moving from a combined Fundraising and Marketing role to dedicated roles on both, providing the necessary focu5 and expert158 to continue to fuel expansion in what 15 proving lo be an increasingly challenging fllndraiging @nvironm8nt', iner84s8d Financg fgsoLirc to gnsurg Ihal ingvilably mor compl$x financial operations are professionally managed, and lo implement governance processes to ensure the Executive Team and Ihe Board of Trustees have Complete financial transparency as the charily grows. The Board of Trustees is highly aware that they need lo Support this expansion, bul eq(Jally musl ensure that organisalional change is affordable and does not grow faster than the ov8rall organisalion. Finally, 202314 has also seen a significant strengthening of the Board of Tru5t8es. Based Dn a skills assessment undartaken al the end of thè previous year, Ihe Board has grown lo 9 Trustees with a broad and CDmplemenlary sel of skills Ihal cover all the needs of the charity, The 8oard includes extensive experience in both EY SEND and business, but also more specialist areas such as Digital. and Equity, Diversity and Inclusion. Financial Ravi•w Financial performance mirrored the growth and development of the charity's activities. Total income increased by 59¢/0 over the previous year lo reach £1,576K. Local Authority payments grew by £425K 1+2060/0) reflecliro the opening of two new cenlres, in Soulhamplon and Glouceslei towards the end of the prior financial year and the move towards a fvlly funded operaliro model, Eamings from Training and Consull8n¢y also increasad significantly from £97K lo £222K. a growth of 129°/g, primarily driven by Ihe on-going trainin9 programme with Comic Relief and Consultancy projects for The Department for Education, The Council for Disabled Children & Coram Hempsall's. Overall. Gifts and Grants were materially in line with the prior year. with the programmes funded by major grantors, Comic Relief, Big Lottery and Children in Need, continuing unchanged. Expendilurg incr8as8d from £1,021 K in the prgVIOUS y8ar lo £1,601 K in 2023124, 1+57Dkn}. This wa5 primarily driven by the full year impact of the two new cenlres in Southampton and GIOUSter, opened toward8 the end of the prior financi81 year. Al the end of 2023124 the charity is rerx)rting a nel deficit OT £25K. The Trustees are confident that this is a temporary imbalance and that the charity comfortably meets its, going concem criteria. The balance sheet remains strong with net assets of £218K and cash available of £204K.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report st For the Yèar Endèd 31 March 2024 Dingley's Promise opened a new centre in Bournemouth in March 2024 and expects to open several more cenlres later in 2024125 $0 both income and expenditure are expected to grow significantly over the coming y?ar. Roservas poll¢y Dingley's Promise recognises the vulnerability of the children and families who rely on its seryices. The Board of Trustees has therefore 3gieed 8 R85erve5 Policy that requires us lo hold Sufficient Re5&rv85 to continue our Learning Through Play sessions, and associated family SUFPOrt. for a period of four months, were there to I any unforegeen collapse in our funding. At the start of each financial year the Board of Trustees will determine the level of reserves needed lo meet this four-monlh wind down period, also taking account ol slaff redundancy costs and any other financial commilrllents. These costs will be offset againsl any long-lemi funding that can be guaranteed lo continue during any such wind down p8riod. The18V81 of r8serves thus d8lermined will be published in the accounts for the previous linancial year. The Bo8rd of Trustees may al limes designate additional funds from freo reserves for significant project Cos15 or replacement of major assets. The directors have reviewed and renewed the res8rv8s polry. Th8 new total requirement for 4 months of nel opèrating costs, r8dundancy and other coslg would bè £155,78712023 £23,024). This would be covered by.. Unreslricled Funds Training Funds Newbury Restricted Funds Reading Reslricled Funds Wokingham Reslricled Funds Gloucester Reslricled Funds Southarnplon Reslricled Funds Bournemouth Reslricled Funds £22,524 £83,099 £8,245 £21,918 £10,000 At the year end, free reserves, as delined by the Charity Commission were £22,524. Plans for futur• p•rlods We continue lo be ambitious about transforming the early years for children with SEND and their familie5, and this is reflected in our five-year strategy Ihal was establishèd in 2022 and is r8gularly reviEw8d at key me6lings including the Trustee Board meetings. Our five-year strategy has four core focus areas.. Develop all existing and new Cenlres to ensure they are cenlres of excellence. with a focus on ensuring the voice of the child and the voice of our families are central lo our work, further expar)sion of our family support operation, embe(iding our KPI tracking processes, and ensurlng the right quantity and quality of operalional management 55 the organisalion expend5. Open new cenlres. On thg back of the successful opgnings in 8ournemoulh and Southampton this year, the charity intends lo identify opportunities for new centres in the year ahead. Discussions with several Local Authorities in the South are already underway. Additionally. Dingley plans to prove ils potential as g National organisation by opening several cenlres in the North of England. Again, discussions are und8Nay.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Trustees. Annual Report For the Yèar Endèd 3P March 2024 Oevelop our national change work including support and consullancy with 130 local authoritiès. increased public speaking to raise awareness and profile, and lobbying for national change. Specifically, in 202415, the organisation will lobby lo simplify SEND funding, work with Ofsled to d8welop inspection guidelines that support inclusion. and create EY SEND assessment criteria for DfE national application. Continue lo expand the reach of training, by growing the number ol practitioners using il by 50.10 in the year ahead lo 21,000. The organisation is ambitious about what can be achieved over the coming years, and has the support of teams and stakeholders lo achieve this. Two years into the 5 year strategy, the results already achieved give great confidence in this ambition. Provision of informalion to auditors Each of the persons who are Directors al the time when this Report of Directors is approved has confirmed Ihal.. so far as that Director is aware. there is no relevant audit information ol which the Companls auditors are unawar8, and that Director has laken all the steps that ought to have been taken as a director in order to be aware of any information need8d by the Cornpany's audito in connection with prep8riThJ their report Bnd lo establish that the Company's audilors are aware of that informalion. Audltor• In accordance with Section 485 of the Companies Act 2006, a resolution proposing the reappointment of Crowe U.K. LLP as auditors lo the Company will b8 Put to the Annual Gé3neral Meeting. This Annual Report, prepared under the Charities Act 2011 and the Companies Act 2006, was approved by the Dir8Ctor5 on 30th August 2024 8nd is signed a5 8uthoris8d on its behalf by.. JAmps Laidlaw TrugteB Datè: 30 18 12024
Dlngley Famlly and Specialslt Early Years Centres Statement of Directors, Responsibilities For the Year Ended 31 March 2024 The Direclois are responsible for preparing the Report of the Directors, and the financial slatetnents in accordance with applicable18w and United Kingdom Gener8lly Acceptsd Accounting Pradice Iuniled Kingdom Accounting Slandartsl- Company law requires th8 Dir8Ctors to prepare financial statements for each linancial year. Under company law the Directors musl not approve the financial sialemenls unless thèy are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources an(i application of resources. including the income and expenditure, of the charitable company for that period. In preparing these financial slat&m8nts, th8 Directors arè r8quirad lo= select suitable accounting policies aThY then apply them consistently., observe the methods and principles in the Charities SORP; rn8ke judgments and estimates that are reasonable and prudent,. slate whether applicabl& UK accounting standards have been followed, subject lo any material departures disclosed and explained In the financial slalemenls., and prepare the financial slalem8nts on the going conc8rn basis unless11 is inappropriate lo presume that th8 harilable company will continue in business. The Directors are responsible lor keepirvJ adequate accounling records that are sufficient lo show and explain the charitable company's transactions, disclose with reasonable accuracy al any lime the financial position of lh¥ ¢h¥ril¢iblf) ¥VtnPciny ¢intJ Ih¥m Iv ¥n¥ur¥ Ih¥l Ihv findn¥i¢il ¥ldl¥m¥nl¥ knutnply wilh th¥ Curnpdni¥>• Act and the provisions of the charity's conslilulion. They are also responsible for safeguarding the assets of the Company and hence for laklng reasonable steps for the prevenllon and detection of fraud and other Irregularltles.
Independent Auditorfs report to the Directors of Dingley Family and Specialist Early Years Centre st For th• Y•ar Endèd 31 Maroh 2024 Opinion We have audiled the financial statements of Dingley Family and Specialist Early Years Centres for the year ended 31 March 2024 which comprise the Stalemgnt of Financial Activili8s. Balance Sheet, Ca5hflow siatemenl and notes to the financial slatemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Slandards, including Financial Reporting Slandard 1 D2 The Financial Reporting Standard applicable in tlie UK and Republic of Ireland Iuniled Kiriudom Generally Accepted Accounliriu Pr&cticel. In our opinion Ihe financial slalements.. glve a true and fair view of the slate of the charilable company's affairs as a131 March 2024 and of its incorning resources and application of resources, including its income and expenditure for the year then ended., have been properfy prepared in a¢¢ordan¢e with United Kingdom Generally Accepted A¢wunling Pra¢ti¢e,' and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnlon We conducled our audSt In accordance wllh International Standards on Audlling IUKI IISAS IUKII and applic8b18 law. Our r&spoiisibililies under 111058 standards are lur1118r desLribed in th8 Auditor's r8sponsibilili8s for the audit of the financial statements section of our report. We are independent of the charitable company in accordanco wilh tho olhical rgquirgmgn19 Ihgt are rglevant lo our gudil of the financial stat8mant$ in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other 8thical responsibilities in accordance with these requirements. We believe Ihal the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinlon. Conclusions relatiry to going concern In auditing the fin8ncial slal8m8nts, wè havé conclud8d that lh8 Irust&8s' usè of lh& g(Mng conc8m b88is of accounting in Ihe preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any m9terial uncertainties relating lo events or conditions that. individually or collectively, may cast significant doubt on the charitable company's ability lo Continue as a going concern for a period of at least twelve months from when the financial slalements are aulhoris8d for i55U8. Our responsibilities and Ihe responsibilities of the Iruslees with respect to going concern are described in the relevanl seclions of this report. Other matters Without qualrfying our opinion in this respect, we draw your attention to the fact that the 2023 comparative figures did not have an audit performed on them. Other information The trustees are responsible for Ihe other information eonlained within the annual report. The other information Comprises the inforrnation included in the annual report, other than the financial slalements and our auditor's report Ihereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise expllcitly slated In our report. we do not express any fom of a¥surance CDncluslon thereon.
Independent Auditorfs report (contlnuedl to the Directors of Dingley Family and Specialist Early Years Centre st For th• Y•ar Endèd 31 Maroh 2024 Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial slalements or our knowledge obtained in the audit or otheNise appears lo be materially migstated. If we idenlify such material inconsistencies or apparent material misslalements, we are required to determine whether this gives rise to a material misstatemenl in the financial statements themselves. If, based on the work we have performed, we conclude Ihal there is a material misslaternent of this other infomalion. aTr required to report that f8¢1. We have nothing to report in this regard. Opinion$ on other matters pre$cribed by the Companie$ Acl 2006 In our opinion based on the wLx undertaken in the course of our audit the information given in the trustees, report, which includes the directors, report prepared for the purposes of company law. for the financial year for which th8 financial statements are prepared is consistenl with th8 financial slalemenls- and the directors, report included within the trustees. report have been prepared in accordance wlth applicable legal requirements. Malters on whi¢h we are required to report by ex¢eption In liglil ul Ili¥ kiiuwlt)du¥ diid uiid&rsldn¢Jiiiy ul Ilitl LlidiiiaL)l¥ LUIIIPdWIy diid iLs- eiiviruiiiTiiiII ubldiii¥d iii Ilio) Course of th8 audit, we have not idenlifi8d material misstat8menls in the directors. report included within the Iruslees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us lo report lo you If, In our oplnion.. ad8quale accounting records hav8 not bean kept., or the financial siaiemenis are not in agreement with tho accounting records and reiums,. or certain disclosures ot trustees, r8muneratlOll SP8cified by law are not made,, or we have not received all the information and explanations we require for our audit., or the Iruslees were not entitled lo prepare the financial slalements in accordance with the small companies regim8 and lake advant8g8 of the small companies ex8mplion in preparing the trustees, report. Rospon8ibilitios of trustees As explained more fully in the Irustees, responsibilities slalement sel out on page 10, the trustees Iwho are also the directors of the charitable company for the purposes of cornpany lawl are r8sponsible for the preparallon of the flnanclal slalemenls and for b81ng sallsffied that they glv8 a true and falr vlew, and for such internal control as the Iruslees determine is necessary to enable the preparation of financial slalemenls that are free from material mi5Stalemenl, whether due to fraud or error. In preparing the linancial statements, the trustees are responsible for assessing the chari12ble company's abilily to continue as a going concern, disolosing, as applic8ble, matters related lo going concern and using the going ncern basis of accounting unless the trustees either intend lo liquidate the charitable company or lo c8ase op8ralions, or have no realistic allèmalive bul lo do so.
Independent Auditorfs report (contlnuedl to the Directors of Dingley Family and Specialist Early Years Centre st For th• Y•ar Endèd 31 Maroh 2024 Auditor's rèsponsibilitiès for thè audit of the financial statèments Our objectives are to obtain reasonable assurance about whether Ihe financial slalements as a whole are fr from material misstalgmenl, whether due lo fraud or grror, and lo issue an audilorfs report that includ8s our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in accordance with ISAS {UKI will always delecl a material misslalemenl when it exists. Misslalements can arise from fraud or error and are considered material if. individually or in the aggregate. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these rinancial 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 irregularitie5, including fraud. The extent to which our procedures are capable of delecling irregularities. including fr8ud is d8lail8d bélow.. We obtained an understanding of the legal and regulatory frameworks within which the charitable company cper81es. focusing on those laws and regulations that have a direct effect on the d818rminalion of material amounts and disclosures in the financial slalemenls. The laws and regulations we consKlered in Ihis context were the Companies Act 20(, laxalion legislation, together with the Charities SORP IFRS 1021 and the Charitie5 Act. We as5ess8d the required compli3nc8 with the58 laws and regulations as part of our audit procèdur8s on th8 r6l¥t8d financial slslèmènl il8ms. In addition, we Considered provisions of other laws and regulalions Ihal do nol have a dire¢l effe on the financial stalemanls bul ¢omplianc8 with which might b8 fundamental to the charitable company's ability to operate or lo avoid a material penalty. We also considered the opportunities and incentives that may exist wllhln the charltable company for fraud, The laws and regulallong we consldered In Ihls context for the charlly were Safeguarding regulations, Health & Safely legislation, General Data Protection Regulations and Folxl ygi8ne Standards. Auditing standards limit the required audit procedures lo identify non-cornpliance wilh these laws and regulations lo enquiry of the Governors and other management and inspection of regulatory and legal cDrresponéence, if any. We identified the greatest risk of rnalerial impact on the financial statements from irregularities, including fraud, lo b& within Ihg timing and rucognilion of cèrtain incomg streams and Ihg ovurridg of controls by managgmenl. Our audit procedures to respond lo these risks induded enquiries of management and the Iruslees about their own identification and assessment of the risks of irregularitie5, sample testing on income, semple lesling on the posting of joumals, reviewing sccounling gstifflalos for bi8ses, revigwing rggul81ory corr95pondence with the Charily Commission and reading minutes of meelings of those charged with govemance. Owing to the inherent limitations of an audit, there 15 an unavoidable risk that we may not have detected some material misslalemenls in the financial slalemenls. even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non.compliance wilh laws and requlalions lirTeqularitie5) is from the events and transactions reflected in the finenci815talemenls, the less lik&ly thg inherently limilgd procedur9s required by auditing standards would idsnlify it. In addition, as with any audit, there remained a higher risk of non-deleclion of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresenlalions, or Ihe override of Inlemal controls.
Independent Auditorfs report (contlnuedl to the Directors of Dingley Family and Specialist Early Years Centre st For th• Y•ar Endèd 31 Maroh 2024 We are nol responsible for preventing non-compliance and cannot be expected lo detect non-compliance wilh 811 laws and regulations. Use of our report This report is made solely to the charitsble company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Acl 2006. Our audit work has been undertaken so thal we might stale to the charitab18 company's Inembers those mallers w8 are r8quirÈd lo state lo them in an audilc)Vs report and for no other purpose. To the fullest exlenl permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work. for this report. or for the opinions we have fomied. Janetle Joyce Senior Statutory Auditor For and on behalfof Crow8 U.K. LLP Slalulory Auditor Datè: 2 Sept•mbar 2024
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Stalement of Financial Activities For the Year Ended 31st March 2024 Unrestrlcted Funds Reslrlcted Funds Total 2024 Totél 2023 Income from: Donations and l6gaci&s Donaiions and legacies 114,692 6,267 120,959 147,259 Charltable acllvltl•s Grants 23,836 311,511 809,062 335.347 809.062 313,204 427.555 Stalulory fvnding Other trading incornè Income from Investments Bank interest 31,093 278,068 309,161 102,546 1,561 1.561 813 Total Income and endowments 171,182 1.404,908 1.576.090 997,377 Expendlture on: Raising funds Charitable 8clivi1185 111,259 28,944 9,052 1,451,572 120.311 1A80,516 92.022 928,949 Total expenditure 140,203 1,460,624 1,600.827 1,020,977 Net1oxpenditurè)lincorn• 30,979 155,7161 124,737) (29,594) Transfer between funds 15 197,2131 97,213 Net movement in funds 166,2341 41,497 124,737) (29,594) Fund balances brou9hl forward Bl 1 April 2023 88,758 154,351 243,109 272, 703 Fund balances carrfed forward at 31 March 2024 22.524 195.848 218,372 243, 109
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Company Registration number: 07279320 Balance Sheet For the Year Ended 31 March 2024 2024 2023 Notè Fixed assets Tangible fixed assets 10 39,060 43,495 Current assets Other debtors and prepayments Cash al bank and in hand 174,022 203,797 124,295 304, 780 377,819 428,475 Crèdltors: amounts falllng dua wlthln on• y•ar other creditors and accruals 12 1198,5071 (228,861) Net currènt assets 179.312 199,614 Net assots 218.372 243,109 Represen1ed by: Funds Unroslricled Funds R8Stricted funds 22,524 195,848 88, 758 154,351 14 Total funds 13 218,372 243,109 These financial slalemenls h8ve been prepared in accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating lo small companies. These financial statements were approved by the Trustee Director Board and authorised for issu8 on 30th August 2024 and were signed on their behalf by.. James Laldlaw Trustee Date: 30 1812024 The notes on pages 20 to 34 form part of these financial slalemenls
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Stalement of Cash Flobvs 5t For the Year Ended 31 March 2024 2024 2023 Note Cash flows frorn operating activities Cash provided by 0rating aixivities 19 (82,1221 50,038 Cash flows from investing activities Intgresl income Purchase of langlble fixed assets 1,561 119,8221 813 (7,049) Cash used in investing activities 118,2611 (6,230) Increase Sn cash and cash equlvalenls in the year Cash and cash equivalents al the beginning of the year (100,3831 304,180 43.808 260,372 Total cash and cash 8qulval•nts at th• and of the y•ar 203.797 304, 180 Analysls of cash and cash equlvalents Cash In hand 203.797 304,180 The noles on pages 20 to 34 fonr part of these financial sl8lemenls
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Ac¢ounting policies General information Dingley Family and Specialist Early Y8ars Cenlres is a regist8red charity, registered in England and Wales, number 1137609, and a charitable company limited by guarantee, number 07279320, IricDrporaled in England and Vvales. The address of its registered office is Kennet Walk Community Cenlre, Kenavon Drive, Reading, 8erkshire, RG1 3GD Basis of a¢eounting The financial statements have been prepared under the historical cosl convention with items recognized at cost or transaction value unless olhemise stated in the relevant notelsl to these accounts. The financial slalemenls have been prepared in accordance wilh Accounting and Reporting by Charities: Statemenl of Recommended Practice applicab18 to charities preparing Ihair accounts in accordance with the Financial Reporting Standard applicable In Ihe UK and Republic of Ireland {FRS1021 leffeclive 1 January 20191 Icharib'es SORPIFRS10211, the Financial Reporting Standard applicable in the UK and Republic ol Ireland {FRS1021 and the Companies Act 2006. The Charity meets the definition of a publlc benefit entily under FRS 102. Assets and liabililles are inltially recognized at historical oosl or transaction value unless otherwise slated in the relevenl accounling policy nol&lsl. Golng concarn Our perfomiance in recent years, even those years which resulted in an operating deficit, has always left us al the end of the year %¥ith 8 good c8sh basg. a Reserv9s Fund lo cover a managed wind4lown in th8 gvgnt of CL)Ilapse in funding {or other event resulting in forced closure), suffi'cient funding in all other restricted funds to cover asset values and liabililles le.g., unspent grants) and addillonal unrestricted funds to develop the organlsatlon and Ils services. In each of the last three years, we have operated fDr a Ilme wllhoul a Fundralslng Manager yel have achl8v8d income no worse than 90/0 short of budg81 and man8ged our operational expenditure lo match. We are aware of, and adhere to, the Charity Commission's guidanc8 on 'Managing a charity's finances.. planning, managing difficulties and insolvency ICC121'. Under normal circumstances we firmly believe that our strong governgnce and management make a compelling case for Dingley's Promise to be considered a Going Concern. Al Ilie 1Sm8 of approvlng the accounts, the Iru5188s have a reasoiiabl8 8xpeclalion Ilial the charity has ad&qualè r&sourc&g to continue in op8ralional èxisl8nc& for th8 for8s8èabl& fLrtur8. Th@ trust&8s b81i8V8 that whilst there is some doubl relating to future income streams, this does not give rise to a material uncertainly regarding the charily's ability to continue as a going concern. The Iruslees therefore believe that il is appropriate lo prepare the accounts on a going concern basis. Al the end of March 2024, the charity had £203,797 of cash available. The trustees have carried out sensilivily analysis that confirrns that should no fvrther income. other than what ha5 begn confirmed. be receivgd, the charity is able lo meet liabilities as they lall due for al least another 12 months from the dale of approval of the financial statements. Funds Unrestricted funds represent funds of the charitable Company that are nol subject lo any restrictions regardiro their us8. Restricted funds represent fvnds available to meet specific expenditu as specified by the fund provider.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Ac¢ounting policies {continuedl Income All income is recognized in th8 Slalemenl of Finan¢ial Activities when the company is legally enlilled lo the income, receipt is probable and the amount can be measured reliably. Income from external grants is recognised in the Statement of Financial Activities as soon as il is receivable unless donor condition5 related to perfomiance and specific deliverables apply. These grants are accounted for as the charity earns the right to cunsideration through performanee. Donatlons & Legaclos - Donations and legacies include income genated from the following sOurS.. gifts and donalions, including legacies given by the founders, patrons, supporters, the general public and businesses sponsorships where Ihesg arg, in substance, in th8 farm of donations ralhgr than paymgnt far goods or services ravanue darived from the hostin9 of evenl8. Income 15 recognised when th8 charity has entitlement lo the funds, any perfomiance conditions attached to the income have been mel. and it is probable that the income will be received and the amount can be measured sufficiently reliably. For18gacies, gnlill8rn&nl Is taken wh8n a dislribulK)n is r8¢8iv8d from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and Ihe charity has been notified of the executor's intention lo make a dislribulion. Where legacies have been nolilied to the charity, or the charity is aware of the granting of prob8te, and the criteria for income recognition hav8 not been mel. then the legacy is a treated as a conlingenl assel and disclosed if material Charltabl• Actlvltl•8 Income r8ceived which is a payment for services provided for th8 b8nefit of the charlty's beneficiarles. 11 will Include acllvities undertaken In furtherance of the charitys objects and those grants whSch have condStSons as servlce level agre8m8nls wllh local authorllles. Grants which provide core funding or are of a general nature provided by the Governmenl and charitable Irus1s and foundations, bu1 will not include those grants which are specifically for the performance of a service or production of charitable goods. for inst8nce a service agre8m8nt with a IDcal aulhorily. Grants are recognis in the financial slalements when conirol ovor the rwJhts or olhor access to the bonefil passes lo the charity and receipt of the funds is significantly certain, usually in writing from the grant provider Government Funding Local authority grants provided which are specifically for the performance of a service. Provision of such services is invoicod and recognised al the cornm8nc8menl of th8 poriod cov8r8d by th agrè8mgnl. othèr Tradlng A¢tlvltl•s The provision of services other than the chaiilies core activity lor the benefit of the charity's beneticiaries via the charity's training sector. Revenue is recDgnized upon the transfer of the IrainiThJ materials and deemed by the date the software license becomes available lo the payee. rd Inv&stm•nt Incom8 - Income derived from the investment of cash reserves with a 3 party institution. Income from interest is recognised Upc receipl. Expendlture Expenditure is included on an accruals basis, inclusive of any VAT. which cannot be recovered. Certain 8xpendilure is 8pporlioned to costs categories bas8d on the estimated amount attributable to the activity duri the year.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Ac¢ounting policies {continuedl Depre¢iatiDn D8precialion is calculated lo write off the cost fess estimated r8sidu81 value of fixed assets over their estimal useful lives. Equipment Leasehold improvements 4 years straighl-line over the remaining term of the lease Operating leases Rèntals applicab18 to opèrating 18as&g arè chargèd to th8 Slalamènl of Financial Activity over th8 pèriod in which the cost is incurred. Flnanclal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial inslrvments ar9 initially rgcogniz8d al transaction valuo and sub88quenlly mg8surgd al Ihgir s&ttlemenl value. Penslons The charity contributes to a defined contributions schem8. Significant judgements and estimates In the application of Ihe charills accounting policie5, the dirgclors are required lo make judgements, e51imale5 and gssumptions about th8 carrying amounlg of assets and liabililigs that ar8 nol r8adily appar8nl from other Sources. The eslimales and associated assumptions are based on historical experience and olher factors Ihal are consldered to be relevant. Actual results may dlffer from these esllmales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognized in the period in which th8 estimate is revis8d rf the revision affects only that period, or in th8 periDd of ihe ievisiDli atbd future peiiod5 if Ihg revision affBcls both Guiienl aiid fulurp p8riod5, There were no judgement or malerlal eslimatson uncertainties affecting the reported financial performance In the current or prlor year.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Donation5 and Legacies Unrestricted Restricted Total Total Funds Funds 2024 2023 Community Groups Corporate Donations Donations From Individuals Gift Aid 9.070 6,856 79,972 6,107 12,402 285 1,800 10,870 6.856 84,725 6,107 12,116 285 7.592 25,325 97,714 3,628 14,500 4,753 Fund R8ising Events Sale and Merchandise L8gacies & Mernory Giving 12861 5,000 114,692 6,267 120,959 147,259
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Grants UnrB5tfjl•d Trainlnu Rejdlng Woklnghllm Gloucosler Southamplon 2024 2Q25 Fd& Total Ballay ThornaB Barbar8 W8rd grkshire FDundatn 250 25 5,708 PA9 Loliery COL 8,T91 8.T91 9.468 g L¢iiery Core 40,D87 40.OJT 59,410 8osher-Hinton FouThy8n 7.929 i9btÈr Fur&S For Children 39,673 39.673 17,OJ5 Chlldren In Need 19,989 1g,989 39,971 39,935 Comlc R*llo1 118,013 t14,852 DBvid Solomons Charll&bl8 Tru$1 750 750 tywy CBrfe 1,044 2.098 Floid S8ymoui Jark 1.790 W8sIDn 2,083 2,083 2,084 ,2SO 18.7 Global Mak• Som• 3,333 3,333 3,334 lQ.QQQ 18. 130 Clouusl•rshlw Di3abill¢¥ Fund$ 2.500 2,510 Craenham Trusi Ltd 20,e90 20,690 8,939 b&on Charily 4.038 4.036 Nalional Lollery Communlly 9,2S7 9,207 wbury Town Cwnell 1,000 1,000 Peler eak?r 4,000 4,000 Shanl6y Foundalion 3,000 3,ODO sr Julets Thom'.¢n 18r Charl1ab Tru81 2.760 THBWCT 500 soo The Chgrllles Tru81 350 Tho Early Chaiity 4,774 The E¢ward Go1n9 Foundatknn 6,594 The OwnwDrk FoLJnd8110 10412 10.412 The Syd4r Foundal 3,000 3,ODO Wrtden Sp(H)n 4,898 4.898 Wokingh8m Tcyhn Council 1.158 Wokingham umed Charrfieg 7,32 UnIverty of Re>difvJ &50D enevity ChBrlt3ble Glvlng 400 Cnline Giving Fwnd8ti0n 74 74 SL Luwrviicy Cliurulilund 22 2,21 StJam5¥ P8l&ca 13.836 116.013 71476 .SgS 59.801 2,SO 4.036 335.347 313,204
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Charitable Activities Unrestricted Restricted Total Total Funds Funds 2024 2023 Service Level Agreements Nursery Education Grant Additional Statutory Funding 523,026 178,650 107,386 523,026 178,650 107,386 174.871 181,943 70,741 809,062 809,062 427,555 Other Trading Activities Unreslricled Funds Restricted lotal 2024 Total Funds 2023 Learn Through Play Consultancy Training Courses and Materials Slronger Practice Hub 4,753 81,772 109.551 4,753 112,865 109,551 5,940 86.886 9, 720 31.093 81,992 81.992 31,093 278,068 309,161 102,546 Total Exp8ndltur8 Staff Other Direct Support & Governance Total Total Cosls Costs 2024 2023 Cost of raising funds Operations Trainin9 Support & Other Costs 83.706 2,166 6,880 85.872 6,880 27.559 120.311 77.261 414 27,559 27,559 20.347 92.022 83.706 9.046 Charitable Activities Operations Training Premises Costs Depreciation Support & Other Costs Governance 877.691 184.394 136,307 70,791 97,840 22.542 1,013,998 255,185 97,840 22.542 29,501 604,390 174,388 67,499 22.086 30,117 29,501 61,450 61.450 30,469 1,062.085 327,4BO 90,951 1,480.516 928.949 1,145,791 336,526 118,510 1,600,827 1.020,971
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Analysis of Support and Governance C05t5 Staff Other Total Total Costs Costs 2024 2023 Support Costs Office Cost Finance 1,352 4,383 12,426 98 1,352 4,383 12,426 98 7,237 7, 738 5.673 785 Human Resources Premises D8preci81ion Nlarketing Health and Safely Adminislralion and Office 25,068 25,068 2T,646 13,733 13.733 13,991 57,060 57,060 50,464 Governance cosls Accounting Audit Oth8r 29,652 19,800 11.998 29,652 19,800 11,998 19,407 4, 739 6,323 61,450 61.450 30,469 118,510 118.510 80,933 Net incomellexpenditure) Total 2024 Total 2023 Nét incomè is stated aftèr charging Audilo¢s remuneration - Audit Ilncl VAT) Depreciation Op8rating18ase ch8rg88 19,800 22,542 15,952 4,739 22,087 15,952 58,294 42,778
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Staff ¢ostS 2024 2023 Salaries Employers Nl Employer Pension Conlribulions 1,049,901 72,935 22,955 654,432 47.570 18,243 1.145.791 714,245 No. 51 No. 48 The average number of part-time employees was The average number of full-time employees was 12 1 employees received employee benefits in excess of £60,00012023 - Nill. No member of the Twslee Director Board received any remuneration or expenses during the year12023 - Nill. The key management personnel ol the charity received employee benefits (including employers p8nsion aThJ employers NIC) tolaling £417,220 <2022 - £254,316). 10. Tangible fixed assets Leasehold Improv•ments Equiprnant Total Cost At 1 April 2023 Additions Disposals 180,191 3,600 57,381 18,222 237,572 19,822 {17.9861 117.986) At 31 Mareh 2024 183.791 55,618 239,409 D8prèciation At 1 April 2023 Charge for the y8ar Elimination of disposal 142.248 17,376 51,829 5,166 194.077 22.542 {16,2701 116,2701 At 31 March 2024 159,624 40,725 200,349 Net book valuo At 31 March 2024 24,167 14,893 39,060 Net book value At 31 March 2023 37,943 5,552 43.495
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 11. Debtors 2024 2023 other debtors 144,387 29,635 98,854 25.441 Prepayments 174,022 124,295 12. Creditors. Amounts falling due within orn year 2024 2023 Trade creditors Other taxes, social security & pensions Accruals & other creditors 7,007 23.750 20,770 146.980 12.566 17.573 11.133 187,589 Deferred Income 198,507 228,861 Income r8reived during the year that has been def8rred as it does not m88t the recognition crilerla as sel out in the accounllng pollcles Is as follows.. Training Offering Total 2024 Wokingharn N8wbury Glouc9518r The Garfield Weston Foundation Newbury Town Council The Good Exchange Big Lollery Fund Gloucestershire County Council Comic Relief Irwin Mitch811 LLP 2.000 30.080 2,000 30,080 3,345 70,833 70.833 29.924 1,000 9,79B 3.345 29,924 1,000 9.798 Wokingham BC 29,924 14,142 32,080 70.833 146.980
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 13. Analysis of net a55ets between fund5 TotJl 2024 Unrestrlcted Restrlcted Tangible fixed assels 39,060 39,060 Net current assets 22,524 156.788 179,312 22.524 195,848 218.372 Comparatlve for the year ended 31 March 2023 To1 2D23 Unrestricted Reslricled Tangible fixed a88818 43,495 43,495 Net current assets 88,758 110,856 199.614 88,758 154.351 243.109 Aim and use of re$tri¢ted funds: The reslricled funds represent grants, donations, slalulory funding and the sale of our online courses receivLxl for detailed specrfic purposes. Where these have not been fully expended durlng the financial year they are carried forward for Ihe following financial year. These funds have been received for specific cenlres and projects. There are Iher9fore many differ8nt funds and for the purpos8s of th8 51alulory accgunls, these have been grouped accordingly lo the different cenlres they relate lo.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 14. Restricted Fund5 2024 Balance Balance Brought For%vard 11 Aprll 20231 Carrled Forward <31 March 2024) Income Expenditure Transfers Training and stronger practice hub Reading Reading Buildings Wokingham Wokingham Buildings Newbury Newbury Buildings Gloucester Gloucester Buildings Southampton Southampton BuildiThJ$ Bournemouth 60.290 390,828 222,007 (262,0651 (297,3621 {1,7851 (220,4691 11331 1252,6701 I13,2) 1184,4941 1981 1208,4311 11,1891 117,9671 1105,9541 83,601 83,099 8.246 33.848 35.433 26,548 172,892 21,031 133 97,115 156.246 891 2.318 31.918 16.280 1.446 214.966 98 14,356 214.220 20,145 1,189 33,750 15,783 154,351 1,404,909 {1.460,6251 97,213 195,848 Comparatlve year ended 31 March 2023 8818n¢e Broughl Forward 8818ncg C8med Forward l April 2022 31 March IncDme Expenditure Tr8nsfers 2023 Training Reading Reading Buildin9S Wokingljam Newbury Newbury Buildings GIoucgs¢gr Southampton 42,865 Y,958 37,331 71,909 192,904 198,722 {175.479) (256,207) (1,898) (207,820) (209,087) (12,327) (46, 1T5) (11,454) 60.290 56,127 35,433 26,546 222,457 t33. 732 75,935 28,607 16,280 1,446 14,356 47.261 25810 360 122,670 819.686 (920,427) 132,422 154,357 Details of the material restricted funds arè as follovis: Servlce Level Agreements . Our cenlres are currently engaged with local authorities in Reading, Wokingham, Wesl Berkshire, Bournemoulh, Gloucester and Southampton with a contract for the provision of assessment and outreach provision for children with SEND.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 Big Lottery - 60-monlh piojecl to Increase our reach to fatnilies %vilh childien with eddilional need5 atKJ disabilities, enabling more children to access early y8als edLJcalion and have the best chance of exp8rienc1J mainstream in Wokingham and surrounding areas. Chlldren In Need 3-year projecl to dellver 4 Learn Thn)ugh Play sessions of 2.5 hours per week for 39 weeks for 3 year5 in both Reading and West Berkshire Cenlres and one specialist InlerventionlActivity per week for 39 week5 for 3 years. delivered by external specialists. typically lasting 60 minutes or 2 x 30 minutes per week. Comlc Réllèf - 60-monlh grant totalling £545,789 dedicated to transforming early education for children with SEND by building inclusion. The funding cover 4 independent streams of work as below,. 1. Development and implemenl8lion of comprehen5iVg onlin9 training programmg for practitioner5 - Through Ihis project. Dingley's Promise will be delivering a comprehensive programme of 10 online courses at all early year's praclitioners in a lotal of 30 LA areas 2. Siralegic sijpport for the LA areas engaged lo siipport long lerm impact 2, Co-production with famS1ies throughout 4. Reali5ing maximum impact nationally and Internationally through th8 Steering group Council For Disabled Children E8rly Years Disadvantage VCS Grant 2023-25 was awarded to support Priority 2, Eady Years Special Educational Need 8nd Disabilit18s. The EYSEND Partn8rship with CDC aims lo increase access and inclusion in early yeats for children with SEN and Disabilities. By collaboratively wOrkij with National Children's Bureau, partners, and the Department for Education to 5UPPOrt early years overarchiTwJ strategic aims over the funding period IAugus12023 - March 20251. Provision on flexible policy impl&mentalion 8UPPOrt, as n@sdgd widgr sgcloral and par8ntal ongagow4nl about kgy issu$$ that impact our 13rgo18udiènc98 ILAS, early years sector anfj disadvantaged families), Stakeholdei management, communications, policy messaging, disseminalion, signposting, advice, and info lincluding enabling end users to engage) in I delivery of improved outcomes for disadvantaged families, Learning ewents and peer support. Departmant For Educatlon & Coram Hempsalls Funding lo support providing an opportunity lo bring together the concerns about sufficiency in local areas and the strategic approach of central Government in the SEND and AP Plan with a opportunity lo create an early years system that is rnore equitable for children with SEND that enable5 th8m lo aix8ss their early y8ars enli118rnenls and builds inclusion from th8 earli85t stages, and supportg legal compliance as the new enlillemenls are developed. Natlonal Lollory - Fund awarded for £9257 for transformlng outdoorloarnlng and physlcal dovolopm•nt of childran with SEMD. Brlghter Futures For Chlldren Covld Racovgry . 18-month project sppcifically for Ihp cnhort of childrpn who were most affected by COVID, and aimed lo allow those children lo recover from the disnjpiion caused by the pandemic and any gaps in their learning or delays in accessin9 early years provision. 11 included group sessions in the comrnunity. as well as one lo one case work where necessary. The sessions will be for children with th8ir families and 8150 for parents alonè as follows.. Group play sessions focus8d on socialisalion, Iransilions and adapting lo neiv environmenls. These are play-based and will include focuses on fundamental CDmmunicalion skills and physical development. Ideally these will be held al Children's Centre5 to build the link between them and local families. Parent group sessions focu59d on building peer 5UPPOrt 8nd hgaring from specialist speakers lo share information and advice. We expect this lo be.. One family session per week Isp8ak8r every monlh from a local garvice which could be portaga, SEN team, early y8ar8 team, therapists, children's ¢enlres, other charities elc.) Three group play session 8 week {online or face to facel - Individual S855ions wilh families as necessary either online or face lo face - Outreach to local toddler groups to ensure the service is known locally Openworks Fund Funding to support a Emotional and Social Development Project for children in our Wesl Berkshire setting, through the provision of new resources.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 15. Transfer of funds st For the year ending 31 March 24, transfers have been made to Ihe value of £97,213 from general unrestricted funds comprising of revenue from undesignaled donations, granls and corporale funding and a furth8r transfer of £105.954 from revenues derived from the sale of training cours8s to cover deficits on operational centre lunds. These deficits are a resull of underfunding of the Reading, Wokingham & Wesl Berkshire centreg and the charity implement3 a policy of supplementh'ng the core cost ol running these three C8ntr8s out of unrestricted charitable funds lo ensure the continuation of these key centres. 16. Commitmènts undèr opèralingloases At 31 March 2024 the company had future minimum lease payments under non-cancellable operating leases as sel out below.. Land and Land and bulldlngs 2024 Buildin93 2023 Within 1 year Later than 1 year and not lat8r than 5 ygars Later than 5 years 8,152 15,952 17. Pensions The charitable company runs a dgfined conlribulion schgme. The c051s for the ygar rgpygsenl the charitable CDmpany's conlribulions lo the scheme 01 £22,95512023 £18,243>. Al the year-end £4,32912023 - £4,914) was accrued in respect of contributions lo this scheme. 18. Tax¥tion The charitable company Is exempt from CorporalSon Tax on its charitable acllvilies. The chanly is eKempl from lax on income and gains falling within scclion 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the exlenl that these are applk8d to its charitable objectives. 19. Reconclllatlon of Incomel(expendlturel In funds to net cash flow from Operatlng actlvltlas 2024 2023 Net lexpendilurellincorne Add back depreciation charge Add back loss on disposal of fixed assets Deduct invoslmenl income shown in investing activities Ilncrea5el in debtors (Decrease) in creditors 124,7371 22,542 1,715 11,5611 149,7271 (30,3541 (29,594) 22,087 (813) (65,203) 123,561 Net cash provided by operating activities 182,1221 50,038
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 20. Analysis of change5 in net debt At1 At31 Aprll 2023 Cashflows March 2024 Cash 81 bank and in hand 304,180 1100,383) 203,797 21. R•lat6d party transactlons During the period lo 31 March 2024 there were no related party 1rans8clions.
Dlngley Famlly and Speciallst Early Years Centres (Limited by guarantsel Notes to the Financial Staternenls 5t For the Year Ended 31 March 2024 22. Staternent of Financial Activitie5 For the Year Ended 31st March 2023 Unr8Strict8d Fun(Js RestrACt8d Funds Total 2023 Total 2022 Incom8 and endowrngnts from.. Donations and le9aeies Donations and legacies Grants 146,029 6,394 4,618 370,313 750,647 376,707 166,804 289,637 Income from investments Bank interest 813 813 483 Cherilablo aGtivitio P8rform8nc8 r818ted grants 18,455 444, 755 463.210 395,281 Tot81 inoome and endowments 171,691 879,686 991,37T 852,205 Expendilure on.. Raising funds Charitable aclivities 90.307 10.243 1,721 918,706 92,022 928.949 88,280 763.599 Total expendllu 100,544 920,427 7, 020,9TI 851,879 Nel {expendilure)/income 17, 747 (IQO, 741) (29,594) 326 Transfer b&tW88n funds (132,422) 132,422 Nel movement In fvnds (67.275) 31,681 (29,594) 326 Fund balances bmught loard at 7 April 2022 150,033 122,670 272. 703 272,377 Fund balances carried fonvard al 31 March 2023 88,758 154.357 243. 109 272, 703 This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.