RegIsted company number 6366283 Regt51ered charity number 1149470 Headstart Education Centre IA company limited by guarantee) Tnjstees, Report and Finanual Slalements for the Year ended 31 July 2024
Headstart Education Centre Report and financial statements Contents Page Legal and administrative infoNnation Trustees, report Independent examinerfs report ststement of financial actimties 10 11 Balan sheet 12 Notes forming part olthe financial ststements 13
Headstart Education Centre Legal and Administrative Infomiation Charty name Headstart Education Centre Charity regislration number 1149470 Company Tegistration number 6366283 Registered oifice and operational address Unit 2 Church Road Sttjdio 56-62 Churth Road London E12 6AF Directors and Trustees MrKDAttan M5 Z Khanom Mr M Ravat Chairman Charity Manager Independent Examiner Mr Naveed Sharrf FCCA TSP Professional SeThices 1 B Highview Parad& Redbridge Lane East Ilford Essex, IG4 SER Bankers HSBC 118 High Street North East Ham London E6 2HX
Headstart Education Centre Trustees's Report The trustees. who are also directors for the purposes of company law, present the annual report and the audited financial statements of the organisats'on for the year ended 31 July 2024 which have been prepared in accordance with the Statement of Remmended Pracb'ce- Accounting and Reporting by Charities {rewsed 20191 and the Companies Act 2006. Structure, Governance and Management The organisation is a charitable company limited by guarantee, incorporated on 11 September 2007and registered as a charity on 25 October 2012. The company was estsblished under a Memorandum of sOCia.0n, which established the objects and powers of the tharitsble company, and is governed under its Arbcles of Association. The Irustees have revtewed the major stral8Jic, business and operaii¢)nal nsks faced by the chanty and have sought to mitigate these by setting up appropriate polici&s and PredureS fcf all stskeholders. Risk management The tnjslees have a risk management strategy which MPrises.. An annual remew of the principal Tisks and uncertainties that the charity face5. This includes assessing the key success factors, critical dependencies, constraint factors and key milestones and performance indicators for the major changes encompassed in our 51rat&3y, and an analysis of the highest impad risks to which Headstart is exposed, The establishment of policies, systems and procedures lo mibgale risk5, Strategic and operational plans and an annual budget and prcgress reporb'ng against plans and budget The implementab'on of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. The trustees have identified that the major risks aTe related principally lo the risk of a major firemdUlIdlng rdated incident, exposure to a major safeguarding or data privacy incident, and long-temi financial suslainabiljty. The Trustees have sought to mib'gale risk where possible, particulady relating to ensuring that the organisab'on has access to appropriate govemance, professional expertise and management capability, and that there are plans for and investment in athieving finanaal sustsinability. On this basis the Trustees are satisfied that all material risks are managed effeth'vely, and that the charity will be fvnded adequately for the frffeseeable future. Public benefrt statement The trustees confitm that they h8ve complied with the duty in Section 17 of The Charitie5 Act 2011 to have due reJard lo the public benefit guidance published by the Charity Commission in determining the 8ctivib.es undertaken by the charity. The charity's tharitsble purpose 15 detsiled in ils objects, which are to athance educats'cffi by providing accessible educational semces in accordance with the principle5 of Islam, in parb'cJJlar bul not exdusively. fCUsin9 Muslim children's educational needs espeaally to thos& educated otherwise than in slate schoc4s. Delivery of the public benefit is achieved by the dir8cI prOlS1On of educaticffi through the Headstsrt EdueAtion Centre as well through other institutions as may be beneficial. Recruitment and appointment of trustees The directors of the company are also 115 trustees for the purpose of tharty law and throughout this report are collec*vely referred to as trustees. The Board of Trustees is responsible for the overall govemance of the charity. There ale ¢urrenUy 3 trustees who have or have had their children studwng at Headstsrt and thus have 8 strong attathment to the charity. New trust are reuuiled by the majority approval or selection of the existing trustees as stipulated in the goveming docum8nl ofthe tharity.
Financial summary The Surplus for the year is £151.6K12023'. £88.4KI. As at 31 July 2024, the reserves stood at £906.9K. Reser4e$ Policy The Twstees on a regular basis the Charity's development and operational plans, fulure fvnding needs and its oveTall resilience and ffinanaal stsbility in light of its ability to meet its charitsble objectives for the foreseeable ftjture lusually a p10d up to 3 years)- The Trustees. considerab'¢M takes into account the major risks to the organisation- see Risk Management above. Add'onal1y, the Trijstees consider the need lo ensure viability of the charity b8yond the immediate future, absorb Setbacks and be able to lake advantage of opportunits'es and new initiatives. Our aims and objectives The objects of the Charity are lo". ADVANCE EDUCATION BY PROVIDING ACCESSIBLE EDUCATIONAL SERVICES IN ACCORDANCE WITH THE PRINCIPLES OF ISLAM, IN PARTICULAR BUT NOT EXCLUSIVELY, FOCUSING ON MUSLIM CHILDREN'S EDUCATIONAL NEEDS. We aim, through our Eady Years and Primary Years Home Educaticffi arTangement lo prowde a high standard of support in the re and education of boys and girfs from the ages of 6 months 1017 years. We have developed the centre to provide an environmentthat suits famili8S who have chosen to educate their thildren othemise. We prowde an environment where each thild is provided help and support to fulfil his or her potential, build self-confidence and develop a desire lo contribute to the widef cornmunity. In so doing, we help our children for the opportunib'es, responsibilities and experience of later lrfe. Headstart Educab'on ctre is medium sized organisation rwJ1sted with Ofsted on the Cpuls0ry and voluntary childcare registers in addition to the Earty years rIster. The Earty years department follows the EYFS CurriluM. Our Primary Years is a part-time prowsion not intended to provide all or significanuy all of a child's education, however, we aim lo ulilise and reference the Nab'onal curriculum for delivery of core subjects ofr Literacy, Numeracy, scien and Computing. As a centre for the care and educab'on of children we operate part-ts'me hours in our primary department to cunplemenl hom&s¢hooling. Thi5 does not mean that the child cannot be registered part-time in a sthool or other institution in parallel to Headslart, during days and times the child is not attending with us. The cenlre's registered childcare operating hours are 7.30am-7.00pm, Monday - Ffiday however Ihe primary home education arrangement department only operates from 8.50am- 1.00pm Monday lo Thursday during part of the calendar year. We aim to provide halfterm breaks in line with the local authority where possible to enable home educated children lo share time with farnily and friends who afe not home educated. Our home education ethos enables US to prowde a more intsmate setting where children can develop a sense of community and family. Our objectives Our key objectives for the year included.. To enhance and improve the support provided to pupils To provide childcare lor more babies To increase pupil numbers in both early yeaf5 & primary years To continue lo improve & expand the sile where the centre is based To access training to improve learning practice5 To make home education for children Access pollcy 11 is our intenb'on lo make Headstart Educatson Centre genuinely accessible to children and familie5 from all sections of the local community. In order to accomplish this, w8 will: Ensure that the existence of the Centre is wdely known throughout th8 local community by means of advetti5ing including banners and leafletsng. Help keep fees low by offering subsidi5ed fees for families in need Offering sponsorship of thildren's care and educats'on lo some families
Provide advice to families regarding addrtional support for thildcare fees. where possible lie Tax Credits, Universal Credrt, 2-year- old grants and tax-free thildcare} Arrange our waiting list in order of date of application and dale of birth (Priority will be given to siblings of thildren alieady attending Headstart Educatson Centre and children of Headstsrt key stsff as per our admissions policy) Describe the Centre and its prathces in temis that Il welcomes all people Arrange for fvndraising opportunities to engage local communits'es The Centre sh¢Id ensure that no child is exduded or disadvantaged because of ethnieAty, religion, culture, family ba¢*ground, disability, gender or protected tharacteristio Review of activities and achievements Child numbers and fees During the year 2023124 we had the following number of thIldr.. Under 2yr.' 1 EY12yr old51 EY (314yr olds): 79 IAM + PM) Year R: 23 Yearl.. 18 Year 2.. 22 Year 3,. 21 Year4: 18 Year5: 12 Year 6: 12 We aim to keep our fees as low as possible to enable our Centre to be accessible to all members of Ihe community. OLtr Fees are for September lo July, bul we ask panIS to spread paYmts over12 months. Our fjjll fees for 2023-24 were.. Primary Years & Reception home-educab'on (non-subsidised).. £3,800.00 per annum Reception115 hours non-5ubsidisedl'. £2,594.00 per annum 34yr olds Recepb'on or EY (non-subsidised 30hrs} £5,856.00 annum 34yr olds Recgptson or EY Iwiih grant}.' Free + £83 per year Snat fees 24yr olds Inon-grantl.. £2.928 per annum Addib'onal houfS= £9thr Inon-granl 2yr olds}, £61hr (non%rant 3-4 yr olds) 9 months- 2-year-olds Iwth granll- Fr +£83 per year snad( fee The maximum subsidised fee we offered students in 2023124 were.. Primary Years & Rec4ption £2,191 per annum Recepti¢M'. £1.531 per annum Sponsorship of children.. Free Discounted fees.. Varies In addition to fee5 we charge a one off admission fee of £190.00, nonrant students. Our centre also reserves the Tight lo hold a deposit to help maintain the nob'ce peric4J policy should a thild leave. We have increased our fees for next academic year. We sponsored 2 children during the year and provided grant support to one family. We offer this based on the family's financial needs or students, academic capability., we can offer uplo 100% sponsoTship of a child's re and educab'on and also consider bursaries for higher educabon for young adults and aspiring stsff. Academic Headslart moved away from the old SATS system of levels and adopted the'Three Es, approath. Children tested at the end of Key Stage 1 and Key Slag8 2, were assessed in accordance with the newest criteria and graded by Tutor Judgement as follows:
Emerging: Child is still working towards achieving most or all learning objectives, success criteria and performance expectations for a child in this academic year ISATS Scaled Score under1001. Expected.. Child has generally tnet most or all leaTnin in this academic year ISATS Scaled Scor ccess criteria and performance expectations for a child Exceeding: Child has met andlor 5urpa5sed most or all learning objectives, success criteria and performance expectations for a child in this academic year ISATS Scaled Score ideally at 110 or above, though teacher judgement also factors inl. A5 8 home education support Centre, parents are able lo opt out of SATS testing f(A their children should they chcc6e and homework has ahvays b*n option. However, it has been suspended until futher darity ar¢xJnd this has been acquired frcffl the DfE. Below are the results of the preblous yearfs results and this year's results for Year 61202>241. Rece tion ELG 2023- 2024: Student NO CmUnICatiO and Physical Developmen Personal, &Kial and Emotional Devel ment 1000 Literacy Mathwnatic8 Understandng the Worfd lan 21 95Yo 95% 100. 950 21 50/. 00 43 0% OOA Eme in 21 Oyo 510 5/0 oo (Unable to assess where exempt'on Year 6 SATS Readingl SPAG 1000/0 100% 85/0 100ty Student No 10 11 13 Student No Writin Student No Numera 2015 Level 4 2016 Level 4 2017 Level 4 2018 Level 4 2019 Level 4 2020-21 Level 4 2021-22 Level 4 2022-2023 level 4 2023-2024 Level 90. 100. 460 10010 71Yo 80% 11 13 11 13 69./0 100/. 8EQ/o 90% 91/0 1000 9110 14 10 11 14 11 14 10 14 10 11 14 11 90/ 93. 100/0 14 86. 100% Year 2 SATS sdent No 14 16 SPAG 50% 560 1000/0 640/0 560/0 670 nla Student No 14 16 Writin Student No 14 16 Numera¢ 57% 63/0 100° 58% 61% 2016-2017 2018-2019 2019-20 2020-21 2021-22 2022-2023 2023-2024 50.1 11 18 18 12 18 18 nla 75'A 56'A 12 18 18 nla nla nla
In the h¢)me edution 8UPPOrt section, we cover the core subjects (English, Maths, Science and Computing). Due to part time hjrS this is not always possible and not our intention to provide all or significanuy all of a thild's educati at Headstsrt. Our provision does not offer a broad range of subjects like sthools and we do not offer subjecl teathing in History, Gecgraphy, PE, Music. Cib'zenship, RE, Art or other subj. Parents are made aware from the outsel that oui Centre is not a school. Due lo our ethos, we also proMde LessLms in Quran as separate sessions within our short hours on certain days. Trl and Pro ects Primary Years Department.. At Headstsrt Education Centre, trips are valuable lrfe experiences which open's children's life skilLq as part of reueats.l and fijn actiwb'es. Approximately once every le, pupils are taken on trips affording them hands-on life experiences which create fond memories to help them in later life. Trip days Bre short and we end by our usual home time. Headstart d)ildren had the opportunity to visit a variety of pla throughout the year. Creative biscuit- Ceramics Café Yrland2 The trip lo the Creaiive Bisujil IThe Ceramics Café) in South Woodford included an opportunity for children lo spend the day al a ceramic's art studio deswJning and painb'ng their own Plate. Once dry, the cuslom-made item wwe collected and given out to eath child. Discove Centr& Stratford ion Children had the opportunity lo explore a spatsthemed, immersive exhibition based on the book'The box Rccket, created with award-winning illustrator Dapo Adeola. The Box Rocket saw the class travel on an intergalactic adventure in a homemade rocket ship, arriwng on a peculiar planet where they musl complete an important mission. During the sessions, pupils were invited lo explore the immersive exhibition spa and lake part in a facilitated workshop which includes games, stories and craft activitses lebrating Creatity, individuality and imagination. The Natural Histo Mue$um Yrs 3.6 Pupils attended a work shop on ocean Life and habitsts. The tllp included an immersive show experien highlwJhting the importano of the ocean5 and why il's never been more vitsl lo help protect this amazing habitsl. Children explored the Attenborough Studio which was an introduction to or recap ofnalure-based topics. The staff and childien we18 seated in an amphitheatre styl8 space and the show was presented by one of the museum's experts. The Planetsrium Yr 3-6 This trip provided the children wth the opportunrty of exploring and experiencing thewonders ofthe universe They alsowalched a show Called ¥e are the guardians., This unique opportunty allowed children to get an insight into a wortd outside of our planet. Nurse and Prima De rnent Chessin on famll trl - End of ear Eid outin Children and their families went to Chessingtcffl as our end4)f-year family Eid outing. Early Development of Reading and Phonlcs: This year was an undoubted succes5 in the development of reading within the Centre. Our aim was to ty and find ways of helping lutors to become more confident and skilled at inspiring thildren to decode and segment words to read better. One way of doing this was lo train and provide tutors with different strategies, approaches and methods to developing phonics, such as modelling, using action, making the corTect sounds and we updated reSoUrS buying into an updated synthetic phonic5 prcgiamme. The new Jolly phonics scheme supp¢Jrted our tutorfs confidence in teaching and delivering phonics sessions and fflade them more refleciive about their practice. The tutors have used visual and inleraclive resources lo tsp into the ¢hildien's' love of reading. Development of Writing: We select appropriate writing malgrials that help lulors plan and slimulale leaming. such as'wribng guides,. This helped tutors structure their lessCS and develop their understsling of each writing genre, whith they were then able lo reflect bac* to the children. We feel that writsng should have a genuine purpose that responds lo real life issues and situats'ons to help pupils feel more engaged. S¢ien¢e Hands-on resources were used in different science units where practical aclivities and detailed exploration of topics were required. Tutors weie sUCful in catering for leamers who engage well with visuals and hands-on leaming. Children have conducte(l exating experiments
lo develop their skills in enquiry, decision-making, prOblemSO1¥1ng and self- evaluation. Staff delivered inleractive CPD sessions and shared their great Practi with the team. Computing This area has always been a focus for Headstart, we tr8in oui staff lo ensure they are competent in the compub'ng curriculum. Tutors refer lo ready-made plans from Scholastic guides. This year we struggled to conduct computing lessons due to a lac& of wclking laptops and thnical issues. Tutors had lo use computing lessons as support sessions. Continued Professlonal Development Our tut¢ys are continually devgloping their skills needed io carry out mganingful leaming for our children during this year. To that end, we have been engaging in weekly in house CPD sessions. Stsff have been undergoing training sessions eantered on the foll1ng this year. Assessment fLY Leaming Behaviour for Leaming C()Jnibon and how childfen leam. Leaming Objectives &,' Success Crilertra Lesson Planning-Features of a good lesson Btg Mathslmentsl Maths Supporb'ng Pupilslsupporbng slower leamers Risk Assessing the Environment- on sile and offsite Home Education and what it mean5 for us Numeracy Maths topics- How to raise attainment Though not an exhaustive list, we believe it is important that HSEC maintsin a culture of improved leaming through a marri&Je of managerial support and individual self-rellection. Our stsff seem to have responded PoS.Ye1y to these measures and seem intent on improMng their own practi¢9 and providing a better stsndard of education to home educated children and supporttng parents. Early Years Department This year has been a Challenging year for Early Years, especially with the change in management mid-year. Despite thts il was a greatsucws. We had an of$t inspedion this year, and alhamdulillah, we received a 'Good' rating in all areas. In terms of our enrolmenl. we had one baby this year. Our tsvo-year-olds setued in exceptionally well wrth the oldw thildren, contn'bub'ng lo an overall positive atmosphere. We remain (x)mmitted to maintaining strong parental involvemenL as in previous years, and have successfvlly managed to do so. We utilised the Unit 7 giving thildren ample room for physical actiwtie5. We collaborated c105ely wtth the Primary Years team to falitate a smooth transition for children whose parents those lo home-educate within Headstart next year. Addib'onally, we work with local sch¢J)Is lo support parents who decide lo send their child to school, beliemng this will srgnificanuy benefit the thildren's develq)menL Most children in ¢JJr Reception gioup mel their largets by the end of the year. Our assessments identified any gaps early, enabling us to reccgnise each child's abilities and help them reath their fijll polenlial, especially in reading and phonics. We revised our phonics and reading assessments lor the reception class to better support this g081. We stsrted the year with a good number of children and aim to welcome even more into our setb'ng. We offer 30 free hours, providing parents with flexible option5 and the thoice of an optional lunch. Our Early Years and ReptiOn teams worked dosely with the LA SENCO, allowing us to refer children lo early help and identify needs sooner. While we were unable lo conb'nue with our termly trips this year, we plan to tske nursery children on more trips next academic year, with parental support, lo indude our younge51 children. Our reception staff will continue lo lake children out using public transp¢)rL Children a regularfy taken lo the local park for play. (herall, it has b98n a pr¢)Juctive year, and we look foTh¥ard to building on these succ8sses in the coming academic year.
Other Organisations Our centre rs based in an accessible high-profile part of the community. We let out our venue at a low Pri to othw community benefiting projects. Presenly we have a madrasah, Arabic dasses, a tU1b'( group, holiday dub and a marbal arts organisation that run separately from us by hiring our venue. This helps proiride rev8nu8 to our organization in keeping the exp8n$8s manageable and provides accessible facilities to families and thildren in the o)mmunity. These (xganizab'ons are independent and NOT govemed or affiliated to Headstart Training Primary Years Home Education DepartmenL' At the beginning of each academic year, the inducbon and introductory training are ddivered lo staff. This is to ensure that staffs (teaching and non-leachingl are ae4uainted with the centre's policies and prOureS. On the other hand, staff are sent lo extemal training related to children's leaming and understsnding espectally the Early Years staff. Tutors would then deliver a session back on sile so that all staff can collectively be tiained up in new or improved skills. AJI stsff receive health and safety, fire and safeguarding training. Key stsff are also provided with training on fire risk assessment, paediatric first aid, child protection, prevent duty and safeJuarding and safer recruitmenL Our staff and management team spend time to rther thdr own knthlledge and skills around good practice whith would be suited to our specific type of provision. Earty Years Department W8 SUPPOrt our practitioners on a regular basis by sending them on regular training with the local council and also providing in-house training based on how lo extend children's leaming and development according to the children's needs. Staff are supported by manement through wular observab'ons, guidance, feedback, and supporL At the bInnIng ofeath academic year, we delivered training to staff on induction and carry cxjt regular supeNsion meetings. This is to ensu that staff are 8c4uainted with the ntre'S policies and proceduies. We tske on students working lowards childcare qualifications who are mentored by our manager and supported by our staff. They leam all aspects of a practib.on'S role working alongside the practitioner. The students are encouraged to support children in their play, language, and communication skills thr¢wgh different activib'es. They are provided with guidance and support lo complete important observations. Three of EY stsff will complete their EYITh this year and cwr new EY manager a150 stsrted her level 5 earfy years lead practitioner ojurse which will be ¢xmplele nexl August. FUTURE PLANS Parents, Children and staff have also donated generously this year for the UWT Afghanistsn project during Ramadhan. We are proud to say that we raiseil approximalely £15,797.79 in total that will families in crisi5. We intend lo continue supporting good causes next year. We hope lo extend our thildcare services to neighbouring boroughs. Statement of Tru8tee$' Re$ponsibi1itSes The trustee5 (who are also the diiectors for the purposes of company law} are responsible for preparing the Trustees, Report and the financial slalements in accordance with applicable law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accountsng Practi). Company law requires the trustees lo Prepa finanaal statements for each finanaal year which give a true and fair view of the slate of affairs of the charitable MpanY and of the incoming resource5 and application of resour¢gs, induding the income and expenditure, of the tharitsble company for that period. In preparing these financial slalements the tnjstees are required to.. Select suitable accounting poliaes and then apply them consistently,. Observe the methods and prInpIeS in the Charities SORP., Make judgements and estimates that are reasonable and prudent,. Stsle whether applicable UK Accounting standards have b88n followed, subject to any material departures disdosed and explained in the financial slalements., Prepare the finanoal ststements on the gcing concem basis unless tt is inappropriate io presume that the tharitsble company will conts'nue in business.
The trijstees are responsible f(Y keeping proper a¢x)unling records that disclose with reasonable accuracy at any time of th8 finanaal position of the tharitsble company and enable them to ensure that the financial statements comply with the C¢Jnpanies Act 2006. They are also responsible for SafUardlng the assets of the charitsble company and hen for tsking reasonable steps for the prevents'on and detection of fraud and 0th8r irr8gularities.ln SD far as we are aware-. There i8 no relevant information ofwhich the charitsble company's examiner is unaware. and The trustees have taken all steps that they ought to have tsken lo make themselves aware of any relevant information and to estsblish that the examiner is aware of that information. In preparing the Trustees Reptyt, the Trustees. have tsken advantsge of the exemption available lo small companies and have not prepared a strategic report. Approved by the Board on 7 April 2025 and signed on their behalf by.. Khalil Attan (Chaian>
Independent Examiner's Report to The Trustees of Headstsrt Education Centre I report lo the charity trustees on my examination ofthe atrAunts of the Company for the year ended 31 July 2024. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordan with the requirements of the Companie5 Act 20061.the 2006 Act'l. Hamng sats'sfied myself that the a¢Unts of the Company are not required to be audited under Part 16 of the 2006 Act and are e1ible for independent examination, I report in respect of my examination of your charity's accounts as carried out under se¢tion145 of the Chartbes Act 2011 I'the 2011 Aci'l. In carrying my examinab'on I have followed the Difections given by the Charity Commission under section145{51 Ib) of the 2011 Act. Independent examiner'5 Statement Since the Companls gross income exceed £250,000 your examiner must be a member of a body listed in sedion 145 of the 2011 Act I confirm that l am qualified lo undertake the examina11 because l a member of the Assoaation of Chartered Certified Accountsnts, which is one of the listed bodies. I have completed my examination. I confimi that no matters have c))me lo my attenti( in connection wth the examination giving me cause lo believe.. accounting recor(Is wpxe not kept in resped of the Company as required by section 386 of the 2006 Act,. or 2. the accounts do not acurd with those records" or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Acl other than any requirement that the accounts give a 'true and fair view which is not 8 matter C(sidered as part of on independent examination. or 4. the accounts have not been prepared in accordance with the methods and prinaples of the Stslement of Recommended Pradice for accounting and reporbng by charities lapplicable to charities pfeparing their accounts in accordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland IFRS 102}1. I have no con[n$ and have come across no other matters in connection the examination to whith attention should be drawn in this report in order to enable a proper understsnding of th& accounts to be reached. 7 Apnl 2025 Name.. Professional Body.. Naveed Sharif FCCA Assoaation of Chartered Certified Accountants Address: TSP Professional Services IB Highview Parade, Redbridge Lane Easl, Ilford, Essex, IG4 SER 10
Headstsrt Education Centre Statement of Financial Activities Including Income & Expenditure Account for the year ended 31 July 2024 Notes Unrestricted Funds 2024 Restricted Funds Totsl Funds 2024 Total Funds 2023 2024 Income and endowmenls from: Donations and grants 623 623 4,626 Charitsble activities Fees, induding NEG Fundraising events 622,872 4,665 622,872 4,665 450,795 2,616 Other Income Total Income 88.229 716,389 88,229 716 369 75,818 533,855 Expendrture on: Charitable activities.. Other costs 431,155 133,674 564 829 431,155 133,674 329,460 115,961 445.421 Total expendtbjre Net incomelexpenditure 151,560 151,560 88,434 Reconciliation of funds Total funds brought forward 755,346 755,346 666.912 Totsl funds carri&J forward 906,gJ6 906,906 755,346 11
Headstart Education Centre Registered No.. 6366283 Balance Sheet a5 at 31 July 2024 Noles 2024 2023 Fixed asset5 Investments 648,656 648,656 648,656 648,656 Current assets Debtors Cash al bank and in hand 10 316,877 255.235 572,112 294,553 156,080 450,633 Creditors: amounts falling due within one year 11 1313,8621 1343,9431 Net current assets 258.250 106.690 Net total assets 906,906 755,346 Charity funds Unrestricted funds 12 906,906 906,906 755.346 755,346 Total charity funds The trustees, who are also the directors are satisfied that the company is entsued lo exemption from the Tequirement to obtain an audit under section 477 of the Companies Act 2006. The members have not iequired the (y)mpany to obtain an audit in accordan with sec*on 476 of the Act. The trusleesldiiectors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in ac£ordance with the sp181 provisions applicable to companies subject to the small companies. regime. The financial statements were approved and authorised for issue by the Board of the Trustees on 7 April 2025 and were signed below on its behalf by- Khalil Attan (Chaimianl 12
Headstsrt Education Centre Notes to the Accounts for the year end 31 July 2024 Accounting policie$ The prinopal aco)unting policies adopted, judgements and key 50urce5 of estimation uncertainty in the preparation of the finanual statements are a5 follows: Accounting convention The finanaal ststements have been Prepared in accordan with Accounbng and Reporbng by Charities.. Ststement of Recommended Practi applicable to charib'es preparing their accounts in accordanct with the Finanrllal Repotting Stsndard applicable in the UK and Republic of Irelar¢d {FRS102} IseLond edition, effective1 January 20191- (Charib'es SORP IFRS102)I, and the Companies Ad 2006. Headstart Eduration Centre meets the definition of a public beneffit enbty under FRS 102. Assets and liabilib'es are initialty recc*3nisg at historical cost or transaction value unless otheMise staled in the relevant accounb'ng policy nole(sl. These financ?al statements have been drawn up in the historical a¢xounting basis. Critical accounting judgements and estimates In preparing these finanual statements, management has made judgements, esb'mates and assumptions that affect the application of the charities accounting policies and the Teport8J assets, liabilib'es, income and expenditure and the disdosures made in the financial slalements. Estimates and judgements are continually evaluated and are based on hi8lorical experience and othei factors, induding expectab'ons of fvbjre events Ihat are believed lo be reasonable under the arMSnces. PparatIon of accounts on a going concern ba$18 The trustees consider there are no material uncertainties about the Charity's ability to oJntinue as a going conr. The review of our financial position, reserves levels and future plans give5 Trustee5 confidence the charity remains a going CceM for the foreseeable future. In chIng this conclusion, the trustees have considered the impact of Covid-19 on the Chairty and have rwewed cash fiow forecasts covering a period of more than one year from the dale of approval of these accounts. Income recognition All incoming resources are included in the Stslemenl of Financial Activiti8s when the tharity ISIallY ented to the income and the amount can be quantifia with reasonable accuracy. Expenditure All expenditure is accounted for on an accwals basis and has been dassified under headings that gregate all costs rdaled to that CatOry. Where costs cannot be diredy attributed lo particular headings they have been allocated to activities on a basis consistent with the use ol resources. Flnanclal instruments The charity only has financral assets and financial liabilities of a kind that qualify as basic finanaal instrumenls. Basic financial instruments, including trade and other debtors and ¢Jedilors are initially recoJnised al transaction value and subsequently measured at theiT seiuement value. Trade debtors Trade and other debth are reccgnised at the setuemenl amount. PrepayTnents are valued al the amount piepaid net of any trade discounts due. 13
Creditors and provisions Creditors and provisions are re¢JnI5ed where the Charity has a present obligation resulting from a past event that will probably Te5uIt in the transfer of funds lo a third paty and the amount due to setue the OblatiOn can be measured or estimated reliably. Fund Accounting: Funds held by the charlty are: Unrestricted funds: These are general lunds which can be used in accordance with the charitsble objects at the discretion of the trustees. Restricted funds: Th are fvnds subjecl to sp#fiC trusts generally dedared by the dCOr or funds raised for a specific purpose. Leasing Rentals payable are charged on a tsme basis ¢)ver lh8 tsrm of the lease. Other Income 2024 2023 Babies Creche Investment Income R&imbursements Venue hire 8,415 44,705 3.047 32,062 88,229 6,050 42,416 3,632 23,720 75.818 Charitable activities Children's refreshments Donations and sponsorships Educab'onal resources Staff costs Trips 7,131 12,697 21,439 387,194 2,694 431155 6,228 10,037 17.261 291,705 4.230 329,460 Other costs Adverb5ing Bank tharges Cleaning IT and Intemel expenses LvJal and Professional fees ght and Heat Premises mainlenance costs Printing. postsge and ststionery Rent rates and Insurance Telephone 20 208 164 3,729 24,824 7,334 22,581 511 189 88 1,346 1,108 6,331 6,847 1,976 96,663 901 115,961 72,855 1,952 133,674 Stsff costs and numbers Staff remuneration Employers National Insurance 376,391 284.775 243 285,018 376,391 14
In aggregate the average number of full and part time persons employed during the year was as follows.. No.120241 No. (2023) Charity Manager Teaching stsff Coordinators Lunchbmelsnack assistsnts Admin staff Cleaning staff 24 21 38 31 Al employees are paid less than £60,000. Transadions Involving Trustees or other related party Ms Z Khanom-Twstee'. 18) In the inteTest of the Charity, an amount totalling £38,84212023.' £24,428) was paid lo Ms Z Khanom as part of servi agreement lees. Taxation a r8Jistered tharity, Headstsrt Edue2tion Centre is exempl from tax on inccthe and gains falling within Part11 of the Corporation Tax Act 2010 to the exlenl that these are applied lo ils charitable objects. No tsx Charges have arisen in the charity. The tharity is registered for Gift Aid with HM Revenue & Customs under referen numbw XT38118. Tangible fixed a$$ets Fixtures Equipment Cost Al 1 August 2023 Additions Al 31 July 2024 54,222 54,222 DeprKiation At1 August 2023 Charge for the year At 31 July 2024 54,222 54,222 Net bookvalue Al 31 July 2024 Al 31 July 2023 All the companls fixed assets are used to support tharilable activities. 15
Investments Market value as al 1 August 2023 Additions at cost Disposals Unrealised gainlllossl Market value as at 31 July 2024 648,656 648,656 Hisloncal cost 648,656 The trustees are satisffed there has been no material movement in value belwe8n the date of acquisibon and 31 July 2024. 10 Debtors 2024 2023 Fees recEivable Other debtors 298,473 18,404 316,877 277,705 294,553 11 Credliors: amounts falling due within one year 2024 2023 Suppliers Other taxes and swal security ccéts Accntals and deferred income Oiher creditors 2,707 28,338 701 250,000 221,284 89,872 313 862 343,943 12 Movement in lunds At 0110812023 Incomlng resources Outgoing resources Transfers At 3110712024 Unrestricted lunds 755,346 716,389 1564,829) 906,906 Totsl funds 755,346 712,799 561,239 906,906 13 Legal Slatus The charity is a c(Jnpany limited by guarantee and has no share capitsl. The li8bility of each member in the event of a winding up is limited to £10.00 16