Charity registration No. 297958 WORLD'S END UNDER FIVES CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 World's End Under Fives Centre REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31st MARCH 2024 The Management Committee presents its report and accounts for the year ending 31" March 2024. The accounts have been prepared in accordance with the accounting policies set out in the note I to the accounts and comply with the charity's governing docum¢nt, applicable law and requirements of the Charities Statement of Recominended Practice (FRS 102). Name of the Charity.. Charity Number.. Registralion History.. Prin¢iple Office.. World's End Under Fives Centre 297958 Registered as a charity on 23, November 1987 18 Blantyre Street Chelsea London SWIO ODS 020 73515871 Telephone.. Email.. Website.. weu5c.co.uk Trustees Khadidja N'Diaye Stephen Doran Richard Thompso Nicole Moore Julie Roberts Chair Trustee Truste¢ Trustee Trustee Staff Members Patricia Alert Ellen Godd¢n Catherine Samuel Campbell Rebecca Nash Sarah Topp Blerina Ceni Veronica Morris Noella Thomas N¢va¢h Al¢rt-Smith Coordinator Deputy Coordinator Early Years Practitioner Early Years Practitioner Early Years Practitioner Cleaner Playworker Early Years Practitioner Playworker Governing Documents.. Constitution adopied on the 15 July 1987, amended on 21 November 1989, 9 November 1993 and 15 December 1998. Indepelldent examiner.. NB Corless, ACMA Bankers: Natwest Bank PLC PO Box 3048 224 King's Road Chelsea London SW3 5XJ The World's End Under Fives Centrc is an unincorporated assoeiation registered with the Charity Commissioners No. 297958. It is governed by its constitution adopted on 15 July 1987 and run by a management committee. This is made up a minimum of five and a tnaximum of nine m¢mb¢rs of repres¢nLitives of the users of the centre. Other member5 are ¢l¢¢ted annually at the annual general meeting and eligible for re-election. Annual Report World's End Under FiYe$ Centre Objectives of the Charity The World's End Under Fives Centre, established over thirty years ago and registered as a charity since August 1983, aims to provide essential support for families residing on or near the World's End Estate, London SWI O. The charity operates the following services.. A free Daily Drop-In service and Crèche. Affordable Pre-school provision. Information, signposting services, family and parental workshops. Activities designed to support both Centre users and the wider Community. Operational Details: Daily Drop-ln (Stay & Play): Monday to Friday. 09:30 am to 12:00 noon. Crèehe: Monday, Tuesday, and Wednesday, 13..00 to 15..00. Pre-school: Monday to Friday, 09:00 am to 15..00 pm during term time. Key Achievements in the Past Year Increase in Families Using the Centre The Centre experienced a 200/0 increase in families attending the Daily Drop-ln {Stay & Play) service, with over 120 children and their parents benefltting from this progratntne. Of these. 150/0 were encouraged to apply for governtnent-fijnded two-year-old places, with nearly all transitioning to our Pre-school. To support integration into the community, the Centre organised outings to local parks (e.g., Westfield Park. Hyde Park, Battersea ParL Princess Diana Memorial Park) and cultural venues {e.g.. Chelsea Theatre, Victoria and Albert Museum. Science Museum, and Natural History Museum). These outings helped families build confidence and farniliarity with their surroundings. Collaboration Tvith Local Organisations The Centre partneTed with Chelsea Theatre, The Samaritans, and local churches to enhance its Programme offerings. Collaborations with The Venture Centre facilitated a foodbank for World's End Estate residents, ensuring families in need had access to essential food provisions. 'Read Together, Workshops This literacy initiative aimed to foster a love of reading among children and parents. Participants received a book and a certificale of attendance upon completion. Lunch was provided. making the workshops both educational and enjoyable. Pre-school Developments The Pre-school saw a 20 % rise in ¢nrolment, with 900/0 of attendees accessing two-year-old funded places. Through participation in the NDNA Food Programme, the Centre provided daily hot and cold snacks at no extra cost, supporting children's readiness to learn and their overall well-being. The Pre-school's success reflects its commitment to high-quality early years education. Quality Assurance User satlsfaction is a priority at World's End Under Fives Centre. Feedback mechanisms include a compliments and complaints procedure, a comment book, and regular questionnaires and meetings. Informal and formal feedback ensures services align with the community's needs. The Pre-school was rated 'GOOD' by Ofsted, affirming the quality of care and education provided. Staff remain dedicated to prornoting best practices. reducing family isolation, and fosterlng children's educational development. Future Strategy Looking ahead, World's End Under Fives Centre aims to: l. Enhance Community Profile". Strengthen partnerships with organi5ations such &s The Samaritans, Chelsea Theatre, and local food banks. 2. Fundraising for Outdoor Renovation: Upgrade outdoor equipment to enhance the area's value for families. 3. Improve Digital Presence: Develop a more interactive and accessible website for better communication and infomiation sharing. 4. Sustain Key Programmes: Continue providing free hot lunches in the Pre-sch￿)[ and reviewing services to ensure they meet evolving comtnunity needs. 5. Expand Collaborations: Work closely with organisations such as The Venture Centre, RBKC Early Help, RBKC Early Years, and local health services to broaden support for families. A¢knowledgements World's End Under Fives Centre extends its heartfelt gratitude to Chelsea Theatre, The Samaritans, Dads House. and the Royal Borough of Kensington and Chelsea for their invaluable support. Their collaboration has been instrumental in our success, and we look forward to continuing these partnerships. Conclusion The past year has been one of growth and achievement for World's End Under Fives Centre. Through increased attendance, strengthened partnerships, and engaging programmes, we have made significant strides in supporting families in the World's End Estate and beyond. We remain committed to our mission and look forward to serving our community in the years to come. WORLD'S END UNDER FIVE CENTRE I STATEMENTOF FINANaALACTIVI￿Es INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEARENDED 31 MARCH2024 Llnrestrltted lundsgeneral Llnrestricted funds de5ien4ted 2024 R25tr1rted funds Totsl Total 2024 2024 2023 Note5 Incom nts from.. Donation5 and core grants Income in furrherance of the charity's 1,816 1,816 183.2(Nl 163 23.(M)D 206,204 163 175.041 53 Investments Sundry Income Total income 185,183 23.000 208.183 Z48.101 Ex ndityre on: 191,643 214,643 220,022 Net lexpendlturellir*omefortheyearlNet fflovement In lunds (s.4￿> 16.4601 28,080 rf lexpendlturelllrKomefortheye8rlNet mo¥emeni In fund5 I6,4f￿) 16,4601 28.080 FUNJ bèlancesat l April 2023 35.968 io.wo 45.968 17,888 Fund balan£es at 31 2024 29,508 io.coj 39,508 4S,968 The statement of financial activitie5 ￿CludeS all galnsand losses recognised Inthe year All Income and expendlturederivefrom tentinuin8 activitie5 2 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Current a55eis Debtors Cash at bankand In hand 14 13.635 65.139 49,483 49.483 78.774 Current Liabilitie$ Creditors.. amounts falling due within one year 15 19,9751 132.8061 Net current assets 39,508 45,968 Income funds Restrirted funds Unrestritted funds Designated funds General unrestricted funds 16 17 18 10,0 29,508 10,000 35,968 39,508 45,968 39,508 45.968 Thea unt were approved bythe Mana8ernent Committee on.. Trust 3 0DnatiOnS ahd c4ftSrnhts unrestrfcted funds general Total 2U24 2023 DonatSons aDd8lfts R8 Keti￿n￿￿ and the15e4 1,816 4.833 6&175 IM16 73,008 41ncfrfne Inl￿rthRranceo1Ihe charftysactlvltles GraTrt5 rec•lvablefDr Fee5 2024 Toul Totsl 2023 2024 19,138 19,138 187A66 5,768 169.273 Perfoimance relathd Erants 187.066 I8?￿66 19.138 206.204 175.041 AnJly51sbyfund unr85trictsd furtd5-8eA4ral Restrlcted fu￿$ 164,066 23.0 19,138 183,204 23.fN)O IS2.04L 23.fO) 187.066 19.138 6.204 175,041 5 Inve$itt￿m5 Totil fund5ynBral 2014 2023 lTrteYttt recelvable 163 53 65U￿ryIn0rne unre5￿rted fund5¥eneral Total 20Z4 Other incorne 7 Charltable att￿rtIeS Dirert charttab •xp•nd&turq 2024 Direct charftaNe •MP￿ndIt￿r0 2023 Ststrcosts aiitsble expenditure 163.534 183 169.795 3.651 165.717 173.446 5haieof supportC05ts15ee note 81 aieofgovernance costs (see note 31 48,926 46,571 214￿43 2ZO.022 Analysls byfund unrestiitted fvnds- gen£ral Remiirted funds 191,6d3 23MOO 197,022 23,0 214,643 220.022 8SupportcD*s Strpwt costs costs 2024 Totsi Bè%Solallllc•ti Premlses costs Inwrw QffiEeeNpÈnses Sundryexpenses 23￿ll0 270 22.412 1245 23,f 1,170 22A12 LZ45 IJ.QQO Dlr?crapportl 1,268 DirÈttarparO 20.821 OlrettappDfbl 1.488 Dlrectapportl GoverNancE 48.926 48.926 4&577 Analysed berween CharltatleactMtles 4È,926 48,916 46,577 9 MaNgemen¢ Commlttee N￿￿ of theMaTha8ementCommrttse lar3nypersonswnnetsed ￿th1hem1 receF4ed any rernuneratlon or ￿rnbUrse￿ expen5e5durkn8ihe year. 10 Empkn*s Numherof emrAoyee5 The averatemonthly number of ernpkyeesthi1￿thÈ¥earW1s'. 2023 NumbRr NurnbÉr anagement Childcare5tafl Jpwt staff Ernploym?nt ¢0sts 2Q23 155.8 11722 1182 5gcKg1 security Other pen￿￿Tr ttssts IL163 2.618 158.770 169.795 There 8ie noemployee5wh05e annu41 rEM￿er*i￿nwpSÉf￿lxx)9r￿cye. IIT4xÈbOn TheA￿0￿￿￿OnI5eXP￿Ptfr0Mtaxatso￿¥5 all Its Ino)me is ch￿rtab￿ and igatwliÈrtfoi thar1tsble wyposes 1ZT0￿lIb1e fixed assets At IAprll 2023 1,526 1,499 302$ At31 March Z024 L526 1,499 DeprttlaWon andlmpalrmem At IApril 2023 1.526 IA99 3.025 At 31 Maith 2024 1,526 1,499 3.025 13 FInan￿￿ Instrumerts 2024 2023 evryi￿a￿0u￿toIfina￿Clal atsets DebtinStiurnentsrnea5ured?tamort15edc¢xr 13.635 CaryWn8 arnountaf fln&nci&l Il¥blllWes M2a5urÈd atamortisedcosts 9.975 31806 14 Oebtors Amounts fallkn1dtyew￿hInl￿Q¥0ar'. 20241 Other debtQ15 Piepawments and att¢ued intome 13,635 La.63S 15 CrtditLX5'. aThountsf411ingduEWithln onEyear 2014 2023 taxabon 50cW security oihercredltors wage Inflation pr￿sloA Auruals and deferred Income 5,107 31113 548 ios 145 9.975 32.806 16 Restricted funds ThE iDcornefund5ofihechJrity restrlctedfiJnd5ccmwlshig the Idlowlng unexpEDdEd bJlaDce5 of dDnthD54Dd Erantsheldon trustfor Mo¥emenLinfunds IKornlnE R¢¥oyrys fesourtts expended BJlJDre * I Mai