Charity regisiraiion number.. 1194003 Canterbury and District Early Years Project Annual Report and Financial Staiernents for ihe Year Ended 31 March 2024 Beresfords Chartered Cenified Accountants 1-2 Rhodium Point Spindle Close 14awkinge Folke5tonc Keni CT187TQ
Canlerbury. and District Early Years Project Contents (continutd) Reference and Administrative Detsils Trusiees, Report 2103 Independent Examine$ Report St¥tement of Financial Aciiviiies 5106 Balance Sheei Noies to the Financial Statements 8 10 17
Canterbury and District Earl), Years Project Reference and Administrative Details Trusttts Ms P Boucher Ms S Boyd Ms N Johnson Ms S Pemble Ms A Dawkins Ms S Baker Ms R Ewing 11941K13 Charity Registratlon Number Principgl Office Poets Corner I la Souih Stre Canterbury K¢nl CTI IEA Independent Examiner Beresfords Chanered Certified Accountants l-? Rhodium Point Spindle Close Hawkinge Folk¢$tone Keni CT187TQ Page I
Canterbury and District Earty Years Projeet Trustees. Report The mJsiee5 preseni the annual rew)rt tog¢ther wilh the financial statements of the charity for ihe year ended 31 March 2024. Objertives and 8Ctivities Objects aims The charity's purpose as set out in its gov¢rning documenl is io enhance the development and education of hildren by providing a range of services and resources which support families. The charity provides ihese services in an inclusive. non judgemen¢al environmeni. In planning our aclaviiies for lh¢ year we kepi in mind the Charity Commission's guidance on public benefii ai our twstee meeiings. The Canterbury & Districl Early Years Projeci has been in existen¢e for over 30 years. Our ov¢rall aim is to provide parents and carers with the skills nttded 10 ensure good pareniing from babyhood 10 leens. Without good parenting. children can develop behaviours which Can cause disrupiion lo their developmeni. their education and io ihose around them, resulting in w)or outcomes for the children in lat¢r life. These can Inanifesi themselve5 a5 Lnadequaie ¢ducaiional achievement. disfupiive and anii-social behaviour. poor Inenial healih and Teduced empli)ymeni prospects. leading to a cycle of p)verfy and deprivaiion that is th¢n passed on 10 their own ¢hildren. We encourage families with children in the more disadvaniaged wards of Cani¢rbury and communities in F.a51 Kent to participal¢ in our services ihrough community groups and activities designed to enhante the developmenl and education of children and support families. These include parenting progrdmines. play aciivili¢s, ¢arer groups, community breakfast club and a wide range of wgded ne¢ds-led course5, a¢liviiies and programme5. The ran8c of servicek ¢ducaiional progrdmmes and resources we provide promote positive outcomes for children and p4r¢nts. We support and include paren15 and carers who are finding it diificuli io support and pn)rnote iheir child's or baby's developmenl. We work ¢105ely wilh other chariiies and oificial specialisi bodies in the area to ensure the best IK>5sible ouicom¢$. Publlc ben¢J71 The trnsiees Confi that ihey h4ve complied wilh the requirements of section 17 of the Charities Aci 201 I to have due Tegard to ihe public benefit guidance published by ihe Ch¥rity Commission for England and Wales. Strutlure, govern*nr¢ and management Nuiure ulgoiYrnlnR documenl I'he chariiy is gov¢rned by a ronstitulion adopted on 6th April 2021 and is a charitsble incorpordted associ¥tion. The charity was first regislered with the Charity Commission on 6th April 2021. Canierbury and District Early Years Proje fornmlly confimi ihat all arrangenIS for the transfer of Canierbury and Distri¢1 Early Years Project (CDEYP. re8isiered charity number 1090139) have been approved by ihe board of trustees and by the member5. The new CIO. Cartterbury and District Early Ye4r5 Projeci (registered Charity number 11941J03) started operating from I si January 2092. Rerrmilmenl And appoinlmemi ofirnslea Appointment of1rn51ee5 15 made at the annual general meeting by election. All trustees shall rnire from office ai the end of the annual generdl meeiing next after ihe date on which Ihe>' came into office bui ihey may be re-elecied or re-appoinied. Page 2
C#llterbury Diitri¢t Eaty Y•Ar8 Project Tnutee8' Report (¢ontinued> The govern¢< ofthe charity is ¥ed ltt the tnLtr fomi the mw¢m¢ni eomrnttt¢e with th¢ Idvkco of lo¢ai Df relevAttt Btsnitrrty The d•y to day is d¢legat¢d th¢ proje¢l Stsltmthl of Tnuteu. Re•pouslbllllk Th¢ truslrts rrspJn5ible for prEP•JiD8 th¢ rtd the 8tst¢rn¢Dts io rdj¢C with tbe applibI¢ll r¢ÉulatiollS. The law appl1¢1¢ to ch•ritrea rwireg the lrnqt¢u to pr¢ye fnwn¢ial for ¢p¢b fmwlciai yar whioh 8ive p tn )d (Air view of th¢ st of of ¢h¥ity aftd of the inwmiD& r¢8our¢es Ind •pplic4tion of rwur¢¢5 Df the ¢harity for that WILNI. In prerwin8 th# finClaI >t•tem¢nts, the 4T¢ rtquirtd to.. lect $uit•bl¢ poli¢iM th¢th pply the4n bs¢rv¢ th¢ methods Ind wincipl¢s itt the awlli SORP: mk¢ jud8ements And elllmths that Ar¢ r¢1mb]e thd Jtate whether appli¢bk rxcouThin8 slandwrth bew folknw¢d. itsbjrKI to aDy mthri41 depJTtyr dix10j ¢xplained in the fKial stafro•' and pr¢part tbE fllwicial 5tsAethents on th¢ lo1 UDIUJ it ts to pres th•t th¢ ¢harity will contiou¢ in bUs1r&S. Th¢ tru3es are responsible for kwiDB &xx7¢i r¢¢oTds tl¥t di1¢k with TeuoAable r8¢Y any tim¢ the fmsnciai po%ltiM of the ctwity them io lIre th•i th¢ finwKial 8tat¢m¢nt5 wmply with th¢ Chllrilics Act 2011, th¢ Chariile5 (Aeownts R¢wrts) R¢tuiations 2]& the proviiion8 of t C0Th81TtuiioD. The trustees are aljo $30ble for s•f¢8u4rditt8 the of the chlty henc¢ for tskin r¢uottthl¢ sw for the ryeve4btion and detection of frnud And iryulwities. Th¢ trusteej are T¢sNIbl0 for th¢ ffthit#¢nthne¢ in4rity of the corpor and fuwwlal inf10tt Included on th¢ ¢haritsble ccmp4o*s website. t4islaLk)n govtrniD8 the pr¢F•rntion and dissVAninl0h of •tmu•t r¢port w•5 4pprov¢d by ofth¢¢hvity oaft... l-.A and Jigotsj oll its bth•lf by.. Ms P BtsucbEE Trustee
Canterburv #nd Distri¢l Earty Years Project Independent Examiner's Report to the trustees of Canterbury and District Early Years Project I report lo the trUCeS on my examinaiion of th¢ accounts of Canterbury and District Early Years Project for ihe year ended 31 March 2024. Responsibilities ind b45is of report As th¢ charity trust¢es of Canterbury and Distrid Early Years Project you are resw)ngible for the preparation of the accounts in ae¢ordance wilh ihe requirements of the Chariti¢% Aci 2011 ('th¢ Aci'l. I report in respect of my examination of ihe Canterbury and District Early Y¢ars proje,$ counts carri¢d out under section 145 of the 2011 Ad and in canying out my exominaiion I have followed all the applicable Directions given by the Charity Cornmission under section 14515Mb} of the Act. Indep¢ndenl examSntr'$ 5talement I h#ve completed my examination. I confirm ihit no maierial rnatters have Come to my anention in connection with the examinaiion giving me cause to believe Ihat in any material respeci.. accounling records were not kw itt respeci of Cartierbury and District Early Years Projeci as required by section 130 of ihe Aci: or 2. Ihe accounts do not accord wilh those records: or 3. Ihe a¢¢ounts do noi comply wilh the accouniing requiremenis concerning ihe form and contenl of accounis set out in the Charilies (Accounts and Reports) Regulaiions 2008 oiher ihan any requirem¢nt Thai the accounts give a 'true and fair view which is nth a maner considered as part of an independent examinaiion. I have no con¢erns and have ¢ome across no other matters in connection wilh ihe examrn¥tion io which attention Should be drawn in this report in OTder io enable a proper und¢rsthndin8 of the accounis io be reached. Daniel Payne FCCA Bere5fords Chartcr¢d Cenified Ac¢ountanis 1-2 Rhodiuin Point Spindle Close Hawkin8e Folkesione Kent CT18 7TQ Dat¢.. (, l . Page 4
Canterbury and District Earl) Years Projeet Statement of Financial ActiTr'ities for the Year Ended 31 March 2024 Unresiricted funds Restricttd funds Total 2024 Nole Incom¢ and Endowments frorn: Donations and legacies Chariiable activilies Investment income her income 7.074 26.211 1,714 3.768 154.552 161.626 26.211 1.714 3,768 Toial income 38.767 154.552 193.319 Expenditure on: Charitabl¢ 8¢livilies her expendiiure Toial expendiiure (41.112) (4.278> 1154.552) 1200) (195.664) {4,478} (45.3901 {154,752} {200,1421 expenditure 16,623) (2001 16,823) Nei movement in fund5 (6.623) 1200) 16.823) R¢conciliatiot) of funds Total funds brou1 forward Total funds cattied forward 199.433 817 200.250 17 19?810 617 193,427 The noies on pages 8 to 17 forni an integral part of these financial statements. Page 5
Canterbur). and Distri¢l E*rfy' Years Project Statement of Financial Activities for the Year Eknded 31 Marcb 2024 (CODtinued) Unr¢5tri¢led funds Re51ricted funds Total 21123 Nolt Income and F.ndtswmtn15 from". Donations and legacies Chariiable activiiies Investment income Other income 9,938 13.612 678 3,839 162.487 172,425 13,612 678 3,839 Toral income 78.067 162.487 190.554 Exptndiiure on: Charilabl¢ activities Oiher expendiiure (39.557) 12.4771 {166,4871 11831 (206.044) 12.660) Total expendilure 142.034) 1166.670) {208.7041 Nei expendilurc 113.967) 14.1831 118.1501 Nei movement in funds (13,9671 4.1831 {18,150) Reconcili#tion or runds Total funds brou¥ht forward 213.31)9 218,399 Total funds caled forward 17 199.432 817 200,249 All of the charity'$ activities derive from coniinving operaiions during the above two periods. The funds breakdown for 2023 is shown itt note 17. The notes on pages 8 to 17 forni an integral pan of these financial sthtements. Page 6
Canterbury and Distrid EaAy Years Projeet Olegist1OTr number: 11941MI3) BAlanet Sheet as at 31 March 2024 2024 blxed aixts T•D8ible Agsets Currult •M¢ts Debtors Cash at bk ift 13 15.084 19,561 14 26,053 153.527 9,647 174R75 l79,580 37 114,522 Cr•dltoTh: AmoM#ts f#Ultsi du whhln ou¢ ye•r r4e4 eurrtht 178,343 193 427 180.681 Net #M 200 FuDdJ of th ¢knrl¢y: R¢Btrfrtsd Inc•me Re8tn'cicd fvr 617 817 Unrutrlct•d th¢0¢ Unmstricted fvnd5 Total fuDdg 17 200 193.427 49 Thofi eots pn F•8a S 17 were 4>proved by the wthoTbwJ for issuo Si8vd on th¢ir b¢h•lf by. MJ P Bokner Trugiee Th¢ DOte8 (ffi 8 to 17 fonn int¢Rral rrtof thes¢ tlllaTh¢i s¢m¢th. Page 7
Canlerbury and District Early Years Project Notes to the Finanei21 Statements for Ihe Year Ended 31 March 2024 l AcrouTrting pollcles St*tement of cornplianct The financial siaiemenis have been prepared in accordance wilh Ihe second edition of Ihe Charities Siaiement of Recommended Praciite issued in Ociober 2019. th¢ Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland {FRS 1021 and the Chariiies Aci 2011. B85is of prepgratitirt Canierbury and Disirict Early Years Proj1 meeis ihe d¢finilion of a public b¢n¢fit entity under FRS 10? The accounis (financial 5talemenisl have been prepared under the hisiorical cosi convention wilh iiems recogni5ed at cost or transatlion value unless oiherwis¢ slated in ihe relevani note(s) w these a¢counls. Going eone¢rn Thc Irusiees consider ihai there are no maierial uncenainiies alx)ui the chariws ability lo coniinue as a going con¢¢rn. Incomt And tndowrnen¢s Voluntary incorne includin8 donations. gift& legacies #nd grdnts thai provide ¢ore funding or are of a general nature is rerogni5ed when ihe charity has eniiilement to Ihe income. it is probable Ihai ihe income will be received and th¢ amount can be measured with sutricieni reliability. DoMt711ons avdleRfjcles Donations and legacies are reCOls¢d on a receivable basis when receipt is probable and the amount can be reliably measured. Gruvls rel'elvoble Grants are recognised when ihe ¢harity has an eniiilemenl to the funds and any conditions linked to the grants have been met. Where perforniance conditions are arta¢hed to ihe grani and are yel to be mei. the income is recognised as a li8biltty and included on the balance sheet &% defeTred in¢ome io be released. Invesimeni lucome Dividends are r¢cogni5ed once ihe dividend has declared and notificaiion h&% been received of the dividend due. Expenditure All expenditure is recognised once there 15 8 legal or constructive obligation io that expendiiure. it is probable seitlement is required and the amount can b¢ measured reliably. All costs are allo¢aied io the applicable expendiiure heading thal aggregaie similar costs to ihai ¢aie80ry'. Where cosis cannot b¢ dtrecily aitributed to particular headin¥5 they have bttn allocated on a basis consisienl with the use of resources, with central staff C05t$ allocated on ihe basis of lime spent. and depreciaiion charges allated on the portion of the assei's use. Other support cosis are allocated based on the spread of sthff costs. Chorilable acllvliles Charitable expenditure comprises those ¢osts incurred by th¢ charity in the deliv¢ry of its activities and services for it5 beneficiaries. It includes iK)th costs thai can be allocated direcily io such activities and ihose rosts of an indireci nature necessary to support then]. Page 8
Canterbury and District Early Years Project Notes to the Financial Statements for Ihe Year Ended 31 March 2024 (continued) Governance costs These include the cosis attribuiable io the charity's compliance with constilutional and Maiulory requirements, including audii, 51raiegic monagement and tn]slees rntttings and reimbutsed expenses. Govtrnmtnt gr8llt5 Govemtnenl granis are recognised based on the accrval model and are msure ai the fair value of ihe asset received or receivable. Granls are classified as r¢laiing either lo revenue or lo assels. Grants relating lo revenue are recognised in income ov¢r the period in which ihe relaied costs are recognised. Grdnis relating ro assets are recognised over the expected useful life of ihe assei. Where part of a grani relating to an assei 15 def¢ed. li is recognised as defr¢d income. Taxatlo The chariry is considered io pass the tests set Out in Pardgraph I S¢h¢dule 6 of lh¢ Finance Aci 2010 and therefore li meeis the definition of a ¢hariiable company for UK corporation lax purposes. Accordingly, the charity is kM)ieniially exempi from iaxation in respeci of income or capital gains received wiihin cai¢gories covered by Chapter 3 Part I l of ihe Corporation Tax Act 2010 or Secibon 256 of the l axaiion of Chargeable Gains Aci 199? io the exteni thai such income or 8ains are applied exclusively to charithble purposes. Tangible fixed assets Individual fixed 4s5ets cosiing £250.00 or more are inilially recorded al cost. Depreel#tlon and arnortlsglion Deprecralion is provided on iangible fixed asseis so Ls to WTite off the ¢051 or valuation. less any esiimated residual value. over their expttted usefvl economic life as follows.. A$5et class Fixiures and fittings Computer equipmeni D¢preciatlon method &nd rate 10 year5 Strdtghi line S years straighi line Trade debtors Trade debiors are amounts due from ¢10mers for m¢handIse sold. s¢rvices perfomed or grants reeeivable in the ordinary course of bu5ine5S. Trade debtors are recognised initially ai the transaction price. They are subsequenily measured at amortised cost using the effective inieresi method. less provision for impairnient. A provision for the impaim]¢nt of irade debiors is established when there is objeciive evidence thai ihe charity will be able to collect all arnounts due according to the ori8inal ternis of the receivables. Cssh and eash equivalents Cash and cash equivalenis comprise cash on haltd and call deTM)siis, and other shon.temi highly liquid invesimenis that are readily convertible to a known amouni of cash and are subject to an insi¥nificanl risk of change in Value. Page 9
Canterbury and District Earl). Years Projeet Notes to the Financial Sialemenls for the Yegr Ended 31 March 2024 (continued) Trade crtdltors Trade cr¢diiors are obligations lo pay for goods or service5 that have been acquired in ihe ordinary course of busines5 from suppliers. Accounis payable are classified as curreni liabilities if the charity does noi hav¢ an unconditional righi. ai the end of the reponing period, lo defer selllemenl of the crediior for ai least twelve month5 after ihe reporting dat¢. If ihere is an uncondilional righi io defer settl¢ment for ai least twelve months after the r¢portiTrg dale. they are Presenied as non4urrent liabiliiies. are recognised initially ai the trnnsaction price and subsequently measured amortis¢d cost using ihe effectiv¢ interesi meihod. Fund Structure Unrestricied income funds are general funds lhat are available for use al the trusitts discretion in furtherance or the objectives ofihe charity. Designated fund5 are unrestricted fvNIs Sei aside for speeifir PUTP05es ai the discretion of ihe trusiees. Restricted income fvnds are those donated for use in a panicular area or for specific purposes, the use of which 15 restricied io that area or PUTPOSe. Penslons and other posl retiremeni t)bli¥81ions The charity operaies a defined ¢oniribuiion pension scheme which is o p¢nsion plan under whi¢h fixed contribution5 are paid into a pension fund and the charily no legal or consirucliv¢ obli&iaiion 10 pay further coniribuiion5 even if the fund does noi hold sufficieni io pay all employ¢¢s the benefits relaiing io employee servi¢e in the current and prior periods. Contributions io defined contribution plang are recognised in the Staiem¢nt of Financial Aciivities when they are due. If contribution pa>rynen¢s exceed the contribution due for service. the ex¢e55 is recognised as s preppyrnenl. Fin*n£5al Instrurntnts Cl#.¥slJ7cailo FinanLial assets and financial liabiliiies are re¢ogni5ed when the charity becomes a party io ihe contractual provisions of the insirumenl. Financial liabilities and equity instTurnenis are cl&ssified ac¢ordin¥ io the substance of the contractual arraTrgem¢nts eniered inio. An equity instTumeni is any contrd¢l thai evidences a residual interes( in Ihe asseis of the charity after deduciing all of its liabilitie5. Page 10
Canterbur), and District Earty Years Project Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Recogniiion andmeqsurem¢ni All financial assets and liabiliiies are initially mea5ur¢d ai transaction price {includin8 transaction costs), excepi for those financial assets classified a5 ai fair value iljrough profil OT loss, hleh are iniiially mea5ur¢d at fair value (which is Ttorniall), the iran5a¢lion price excluding transaction ¢t$), unless the arrnngement constituies linancing Eransaciion. If an arrangernent consiiiuies a financing transaciion. the financial assei or financial liability is measured ai ihe preseni value of ihe futur¢ pa)7nents di5coun¢ed at a market rdie of interest for a similar debt instrumenl. Financtal assets and liabiliiies are only offsd in ihe statemeni of financial p05iiion when, and only when there exist5 a legally enforceable righi io sei off the recognised amounis and ¢harity iniends either io seiile on a nei basis. or to realise the as5¢1 and senle ihe liability simultsneou51y. frinancial as5¢1s are derecogni5¢d when and only when a) the conrraciual rights lo ihe cash flows from ihe rinancial ass¢t cxpirc or are s¢ttled. bl Ihe charity Ifdnsfers to 8nother party substantially all of th¢ risks and rewards of own¢r5hip of ihe financial asset. or cl the charity. despiie having relained som¢. but noi all, significant risks 4nd rewards of ownership, has transferred control of the assei io another party. Financial liabilities are derecognised only when ihe obligation specif*d in ihe coniraci is discharged. cancelled or ¢xpires. 2 Income from donations ¥Jnd leg#ci Unrestritted Restriti¢d ftynds TotAI 2024 Tol41 2023 General Donation5 and legacies: Donalions and le8a¢ies Grants, including capitol granls; Government grants Grants from her charities 7.074 7,074 4.938 35.000 119.552 37.000 130.487 19.552 7.074 154,55? 161,626 172,425 3 Income fronb eh8ri¢4bk ietlvlties Unrestrici¢d Total 2024 Tot81 2023 Genernl Other charitable activities Sal¢ of goods 24,132 2.079 1.602 2.010 2.079 26.211 26.211 13.612 Pagell
C211terbury and District Early Years Proje¢t Notes to the Financial Stydtements for the Year EDded 31 March 2024 (continued) 4 lTrvestment income Unrestricted fut)ds G¢ntral Totsl 2024 Tot81 2023 Interest Te¢eivable and similar income: Interest r¢cetvable on bank dew>siis 1.714 1,714 678 5 Other incorne UnStrI¢ltd runds General Total 2024 Total 2023 Other income 3.768 3.768 3.839 Page 12
Canterburv and District Earty Years Project Notes to the Finaneial Statements for the Year Ended 31 March 2024 (continued) 6 Expenditure on ebaritable *ctivilies Unresirieied funds General Restrieted funds Total 2024 Total 2023 Note Governance costs Staff costs Centre resources Telephone and iniern¢t Rent Staff training Hall hire WaieT rates Heal, light and power Insurance RepaiTS and rnainlenance Priniing. posthge and 5talion¢ry Computer and softwar¢ expenses Subscriplions Sundry expenses Cleaning Travel and sub51sl¢nce Bo(>kkeeping and pa)roll fees Legal and professional fees Bank charge5 600 11.483 600 143.062 7.207 600 157,756 4,455 131.579 6.263 1.357 1.357 16.710 320 2,515 13,51)0 420 16.710 320 1,665 1.227 2.497 3.247 1.402 2.925 3.559 1.40? 2.925 3.559 3.884 3.884 2.763 1.463 1,463 1,552 4.390 332 299 4,390 332 299 1271 6,219 427 228 1,685 1.271 3.7(Kl 3.7Crf) 2,487 918 918 918 2,241 24 2.241 24 1.882 154.557 206,044 Page 13
Cnterbur)' and Distriei Earh. Years Project Noles to the Financial Statements for the Year Ended 31 March 2024 (continued) 7 Other expenditure Unr¢stricled funds Gener1 Restricted funds Total 2024 Total 2023 Note Depreciation, amortisaiion and other similar costs 4.278 200 4.478 2.660 4.?78 200 4,478 2.660 8 Analysis of gowern#Tr¢¢ 4nd support eosts Governance costs UTrresirleted funds General Tolal 2024 Totxl 2023 Independeni examiner fe¢$ Examination of the financial 51atements 600 600 6(K) 6(Ml 600 9 Trustees r¢muDeTal•on and expenses No trnsiees. Dor any persons connecied wilh ihem, have received atty remuneraiion from ihe charity during the year. No tTUSittS have received any reimbursed expenses or any h¢r benefits from the charity during the year. 10 Stgjff eos¢s The aggre8ate payroll COS15 were as follows.. 2024 2023 St8ff costs during the year were: Waue5 and salaries Social security cost5 Pengion Costs (hher staff costs 135.022 5,373 2.612 55 147.935 6,794 2.858 169 143.062 157.756 No employee received ernoluments of more than £60,IXIO during the year Page 14
Canterbury and District Early Years Project Notes lo the Financial Statements for the Year Ended 31 March 2024 (eontinued) I Independent examiner's rtrnuthtration 2024 2023 Examination of ihe financial slatements 600 600 12 Tgxatitin The ¢haTIty 15 a registered charity and is iher¢for¢ ¢xemM from taxalion. 13 Tangible fixed assets Flxlur¢s and fitiln¥5 Office equipment Total Cost Ai l April 2023 14.657 7,731 22,388 Ai 31 March 2024 14.657 7.731 2?.388 Depretiallon Ai l April 2023 Charge for ihe year Ai 31 March 2024 1,686 1.546 2,827 4,477 2,931 4.072 3.23? 7.304 Nei l)wk value At 31 March 2024 10.585 4,499 15.084 Al 31 March 2023 13.516 6.045 19.561 14 Debtors 2024 2023 Trad¢ debtor5 Pr¢payrnent5 A¢¢ru¢d income 8,805 842 ,553 17.51YJ 26.053 9.647 Page 15
Canterbury and DAStri¢l Early Years Projeet Noles to the Fin8neial Siatements for the Year Ended 31 March 2024 (continued) 15 Creditors: mounts falling due wltbin OD¢ ye•r 2024 2023 Trade crediiof5 Other taxation and social securiry Other creditors Accruals 762 2.471 561 676 601 1.237 3.834 16 Pension n41 oihtr schemes Defined conlribution penslon sth¢rne The charity operai¢s 8 defined conlribution pension scheme. The pension com charge for the year represents coniributions payable by the charity to the Scheme and amounted 10 £2.61212023 - £2.8581. 17 Funds B818nc¢ •t I April 2023 Ineomini resourctS R¢sources expended Balfinee at 31 M#reh 2024 Unrestrleted fythd$ General 124.433 38.767 145.390) 117.810 De5ignaled 75.0 75,000 Total unrestrleted funds 199.433 38,767 (45.3901 192.810 R¢stri¢¢ed fynd5 817 154.552 154.752) 617 Total fynd$ 200.?50 193.319 (21K).142 193,427 Balance at I April 2022 Incoming re50urc¢s Re50urc¢s exptnded BAlancc at 31 March 2023 Unrestrlcted fund5 General 138.399 28.067 142.034) 124,432 Desi8nated 75,1 75.1)00 Total unrestrlcted fynd$ 213,399 28,067 (42.034) 199.432 Restrlc(ed funds 162.487 {166,670) 817 Total funds 190.554 1208,7041 200,249 Page 16
Cant¢rbuT)' and Distriei Earty Years Projrft Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 18 Analysi$ of net #55ets between funds Total fund5 8t 31 March 2024 VDrestricted funds G¢nerl Designated Resiricted fund$ Tangible fixed asseis Current assets CutTeni liabiliti¢$ 14.467 104,580 11.237) 617 15,084 179,580 11.2371 75.OIK) Total nei assets 117.810 75.0 617 193,427 Tot81 funds at 31 M8rch 2023 Unreslrleted fuTrds General Dtsl%nttd Restrieted funds Tangible fixed assets Curreni assets Current liabilities 18.745 109.5?? {3.834) 816 19.-561 184.522 (3.8341 75.OIK> Total nei asseig 124,433 75,(KX) 816 200.249 Page 17