2025-03-31-accounts - Canterbury And District Early Years Project

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Charity registration number: 1194003

CANTERBURY AND DISTRICT EARLY YEARS PROJECT TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge, Folkestone Kent CT18 7TQ

Canterbury and District Early Years Project Contents

	Page
Reference and Administrative Details	1
Trustees' Report	2—3
Independent Examiner's Report	4
Statement of Financial Activities	5
Comparative Statement of Financial Activities	6
Statement of Financial Position	7
Notes to the Financial Statements	8—13

Canterbury and District Early Years Project Reference and Administrative Details For The Year Ended 31 March 2025

Trustees	Ms P Boucher - Chair
	Ms R Ewing (appointed 21/05/2024)
	Ms S Baker (appointed 21/05/2024)
	Ms Z Ambrose (appointed 21/05/2024)
	Ms S Boyd
	Ms J Law (appointed 21/05/2025)
	Ms S Davies (appointed 21/05/2025)
	Ms S Todd (appointed 21/05/2025)
	Ms K Moses (appointed 21/05/2025)
	Ms H Appleby (appointed 21/05/2025)
Charity Number	1194003
Principal Address	Poets Corner
	11A South Street
	Canterbury
	Kent
	CT1 1EA
Business	Poets Corner
	11A South Street
	Canterbury
	Kent
	CT1 1EA
Independent Examiner	Daniel Payne FCCA
	Beresfords
	Chartered Certified Accountants
	1-2 Rhodium Point
	Spindle Close
	Hawkinge, Folkestone
	Kent
	CT18 7TQ

Page 1

Canterbury and District Early Years Project Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Objectives and Activities

Aims and Objectives

Canterbury and District Early Years Project (CDEYP) charity’s purpose as set out in its governing documents is to enhance the development and education of children by providing a range of services and resources. For 32 years, the charity has provided services in an inclusive, non-judgemental environment. Focusing on prevention, early intervention and addressing families' issues in a positive and supportive manner. Being fortunate to have created a culture of enabling parent/carers and their families to focus on positive aspects of family life, relationships and community when planning our needs-led activities, programmes, courses and resources.

Significant Activities

Our core activities include parenting support programmes, language development, play sessions, many short courses and events, health and wellbeing, Friday breakfast, family support, cooking courses and many more activities to ensure positive outcomes for children. This aim works very much in partnership with both children and parents. CDEYP are mindful of the Charity Commission's guidance on public benefit.

The staff team, management committee, parents/carers and volunteers have all actively contributed to the shaping and development of all the work undertaken by this charity.

CDEYP continues to work in partnership with many different organisations and agencies to improve outcomes for children.

As families are now faced with the stresses of the cost-of-living crisis. CDEYP have adapted to these ever-changing needs by providing a warm space, already loved supplies and extra and/or different courses. Such as - mindfulness/wellbeing, extra low-cost, no cost cooking courses, to name a few and have extended our foodbank to offer a more extensive food poverty support to families.

Public Benefit

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Financial Review

Reserves Policy

Reserves are important for both contingency planning and fulfilment of legal and moral commitments. CDEYP regularly monitor its reserves as it reviews specific project and financial issues. CDEYP maintain in reserves the equivalent of threemonth expenditure in accordance with charity commissioners and funder’s guidelines.

Structure, Governance and Management

Governing Document

Canterbury and District Early Years Project (CDEYP, registered charity number 1090139) Is now a Charitable Incorporated Organisation (CIO) Canterbury and District Early Years Project (registered charity number I I94003)

The charity is governed by a new constitution adopted on 6th April 2021. The CIO was first registered with the Charity Commission on 6th April 2021.

Trustee Selection Methods

Appointment of trustees is made at the annual general meeting by election. All trustees shall retire from office at the end of the annual general meeting next after the date on which they came into office, but they may be re-elected or re-appointed.

Page 2

Canterbury and District Early Years Project Trustees' Report (continued) For The Year Ended 31 March 2025

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Ms P Boucher Trustee Date

Page 3

Canterbury and District Early Years Project Independent Examiner's Report to the Trustees of Canterbury and District Early Years Project For The Year Ended 31 March 2025

I report to the trustees on my examination of the accounts of Canterbury and District Early Years Project (the Trust) for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Daniel Payne FCCA Date Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge, Folkestone Kent CT18 7TQ

Page 4

Canterbury and District Early Years Project Statement of Financial Activities For The Year Ended 31 March 2025

Unrestricted funds £ 6,474 19,409 1,724 1,764 5,441	Restricted funds £ 145,600 - - - -	2025 Total funds £ 152,074 19,409 1,724 1,764 5,441	2024 Total funds £ 158,555 26,211 3,071 1,714 3,768
34,812	145,600	180,412	193,319
(76,216)	(136,882)	(213,098)	(200,143)
(41,404)	8,718	(32,686)	(6,824)
(41,404) 192,810	8,718 616	(32,686) 193,426	(6,824) 200,250
151,406	9,334	160,740	193,426

The notes on pages 8 to 13 form part of these financial statements.

Page 5

Canterbury and District Early Years Project Comparative Statement of Financial Activities For The Year Ended 31 March 2025

Unrestricted funds £ 4,003 26,211 3,071 1,714 3,768	Restricted funds £ 154,552 - - - -	2024 Total funds £ 158,555 26,211 3,071 1,714 3,768
38,767	154,552	193,319
(45,390)	(154,753)	(200,143)
(6,623)	(201)	(6,824)
(6,623) 199,433	(201) 817	(6,824) 200,250
192,810	616	193,426

The notes on pages 8 to 13 form part of these financial statements.

Page 6

Canterbury and District Early Years Project Statement of Financial Position As At 31 March 2025

Unrestricted funds £ 10,429	Restricted funds £ 417	2025 Total funds £ 10,846	2024 Total funds £ 15,084
10,429 2,408 140,328	417 8,750 167	10,846 11,158 140,495	15,084 26,053 153,527
142,736 (1,759)	8,917 -	151,653 (1,759)	179,580 (1,238)
140,977	8,917	149,894	178,342
151,406	9,334	160,740	193,426
151,406	9,334	160,740	193,426
		9,334 151,406	616 192,810
		160,740	193,426

Ms P Boucher Trustee Date

The notes on pages 8 to 13 form part of these financial statements.

Page 7

Canterbury and District Early Years Project Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

Canterbury and District Early Years Project is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1194003. The principal address is Poets Corner, 11A South Street, Canterbury, Kent, CT1 1EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

General

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

2.3. Resources Expended

General

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 10 years straight line Computer Equipment 5 years straight line

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

Page 8

Canterbury and District Early Years Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

Unrestricted funds £ 6,474 -	Restricted funds £ - 145,600	2025 Total funds £ 6,474 145,600
6,474	145,600	152,074
Unrestricted funds £ 4,003 -	Restricted funds £ - 154,552	2024 Total funds £ 4,003 154,552
4,003	154,552	158,555
	2025 Unrestricted funds £ 1,724	2024 Unrestricted funds £ 3,071
	2025 Unrestricted funds £ 1,764	2024 Unrestricted funds £ 1,714
	2025 Unrestricted funds £ 5,441	2024 Unrestricted funds £ 3,768
	2025 £ 35,000 1,008 5,000	2024 £ 35,000 - -
	41,008	35,000

Page 9

Canterbury and District Early Years Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

8. Net Income/(Expenditure)

The net expenditure is stated after charging/(crediting):

Depreciation of tangible fixed assets - owned

2025	2024
£	£
4,479	4,477

9. Analysis of Expenditure

. Analysis of Expenditure
			2025
	Activities	Support
	undertaken	costs
	directly	(see note 10)	Total
	£	£	£
Canterbury and District Early Years Project	6,491	206,607	213,098
			2024
	Activities	Support
	undertaken	costs
	directly	(see note 10)	Total
	£	£	£
Canterbury and District Early Years Project	7,207	192,936	200,143

10. Support Costs

Employee costs Premises expenses General administration Depreciation Governance costs Employee costs Premises expenses General administration Depreciation Governance costs	2025 Canterbury and District Early Years Project £ 158,846 22,645 20,037 4,479 600
	206,607
	2024 Canterbury and District Early Years Project £ 147,082 22,308 18,469 4,477 600
	192,936

Page 10

Canterbury and District Early Years Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

11. Independent Examiner's Remuneration

1. Independent Examiner's Remuneration
	2025	2024
	£	£
Independent examination of the financial statements	600	600

12. Staff Costs

Staff costs were as follows: Wages and salaries Social security costs Other pension costs	2025 £ 144,475 6,607 2,939 154,021	2024 £ 135,022 5,373 2,612
		143,007

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

13. Average Number of Employees

Average number of employees during the year was: 10 (2024: 10)

14. Tangible Assets

4. Tangible Assets
Cost As at 1 April 2024 Additions As at 31 March 2025 Depreciation As at 1 April 2024 Provided during the period As at 31 March 2025 Net Book Value As at 31 March 2025 As at 1 April 2024 5. Debtors Due within one year Trade debtors Other debtors	Fixtures & Fittings £ 14,657 242	Computer Equipment £ 7,731 -	Total £ 22,388 242
	14,899	7,731	22,630
	4,072 2,934	3,232 1,546	7,304 4,480
	7,006	4,778	11,784
	7,893	2,953	10,846
	10,585	4,499	15,084
		2025 £ 10,854 304 11,158	2024 £ - 26,053
			26,053

15. Debtors

Page 11

Canterbury and District Early Years Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

Creditors: Amounts Falling Due Within One Year

6. Creditors: Amounts Falling Due Within One Year
Other creditors Accruals and deferred income	2025 £ 570 1,189 1,759	2024 £ 561 677
		1,238

17. Pension Commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £2,939 (2024: £2,612).

At the statement of financial position date contributions of £570 (2024: £561) were due to the fund and are included in creditors.

18. Movement in Funds

As at 1 April 2024 £ 117,810 75,000	Income £ 34,812 -	Expenditure £ (76,216) -
192,810	34,812	(76,216)
616 - - - - -	9,000 35,000 88,592 7,000 1,008 5,000	(3,199) (35,000) (88,592) (4,083) (1,008) (5,000)
616	145,600	(136,882)

193,426	180,412	(213,098)
As at 1 April 2023 £ 124,433	Income £ 38,767	Expenditure £ (45,390)

Page 12

Canterbury and District Early Years Project Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

75,000	-	-	75,000
199,433	38,767	(45,390)	192,810
817 - - - - - -	11,000 35,000 1,000 81,702 10,000 15,000 850	(11,201) (35,000) (1,000) (81,702) (10,000) (15,000) (850)	616 - - - - - -
817	154,552	(154,753)	616

200,250	193,319	(200,143)	193,426

19. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

20. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

Page 13