Comp•ny rqlstratlon numljer 2412455 (En8l*nd and Wdes) St George's Community Children'c Project Limited StG CMILDCAIIC DIRECTORS, REPORT AND AUDITED FINANCIAL sfATEMENTS forthe year ended 31AUGUST 2025 KENU, G'OJlq.XILT4rrY 'ULINL>.I I'I(JTr¥' LOITtR L,OTTERY FUNDED i.? Wooden Spoon The chlldrerfschjrttyth FU9by Pagels) STGEORGE'SCOMMUNITY CHILDREPIS PROJECT UMrrED 1-13 Dlrectors. report 14 - 17 Independent Audltorfs report 18 St•tement of fin•n¢ial activitie5 19 Balance sheet 20 Statement of cash flows 21- 32 Notes to the accounts ST GEORGYSCOMMUNITY CHILDRENS PROJEcf UMITEO DIREcfoRS' REPORT FOR THE YEAR ENDED 31 AUGU5f 2025 The dlreclors. who are also trustees for the purposes of the Charities Act 2011, present thelr annual report and the audlted financial ststements of tb.• charitable company fgr the year ended #l August 2025. Thi5 dirertors, report. prepared In accordance wlth Settion 415 of the Companies Act 21X)6, 15 a150 the trustees. report requlred bythe Charltles Act 2011. The trustees confinn that the annual report and financlal statements of the charlty compty wlth the current statutory requirements, the requirements of the charty's governin8 document and the provisions of "Accountlng and Reportln8 by char￿leS. Statement of Recommended Practlce appllcable to char￿leS preparing thelr accounts In accordance wlth the Flnanclal Reportlng Standard applicable in the UK and Republlc of Ireland IFRS 102)". Icharflles SORP {FRS 102)). R*￿IenCe and AdmInIstratl￿ Informallon CHARITY NAME St Geooe's Communlty ChIld￿n.5 Project Limited, Also known as St George's Chlld(are COMPANY NUMBER 2412455 ITe8lstered in E￿I￿nd) CHARttY RE61sfRAT1014 NUMBER 802017 REG15fERED OFFICE AND PRINCIPAL ADDRESS 7 Chllston Road Tunbrld8e Wells Kent TN4 9LP SENIOR STATiifoRY AUDITOR James Mathleson FCA WP Audlt SeNIcL•S LLP Chartered Accountants North House 198 Hlgh St￿t Tonbrldge Kent TN9 IBE BANKERS Natlonal Westmlnster Bank plc 89 Mount Pleasant Road Tunbtldge Wells Kent TNI IPX CAF Bank Ltd 25 Kjngs Hlll Avenue Klngs Hlll, West Malllng Kent ME19 4JQ The Charlty Bank Lld F055e House 182 Hlgh Street Tonbridge TN9 18E STGEORGVS COMMUNITYCHILDRENS PROJECT UMITED DIREcfoRY REPORT (¢onilnued) FOR THE YEAR ENDED 31 AUGUST 2025 DIREcfoRS Adrlan Crouch (Chalrl Julie 4u8hes Cenydd Milne Paullne Parker (resigned 301061251 Steven Whlttle Vljay Rav Charlotte Flsher Edward Hadley Allson Jeffwy (appolnted 28104r251 BUSINESS MANAGER Morgane Glew Stryrtyr•. 6ov¢rn•n¢• and M•n•Bem Componystalus St George's Communlty Chlldren's Prolect Llmlted bs a charltable company Ilmlted by guarantee and has Th) share capltal. In the event of a wlndin8 up. each member and those that have ceased belng a member wlthln the prevk)us twelve montPs. are Ilmlted to a Ilablllty of £1. The company was Ints)rporated on 10 August 1989 and is 8overned by Memornndum and Artides of AsSociat￿n. 6ovemun The Board of Dlrectors Is responslble for selectlnB and recrultln8 sultable dlrertors to office at the Annual General Meetln& In order to recrult new trustees. the board adverttse on Dolt.Iife, the websitÈ and do posts on sociol media. Thè maximum number of dirertors th* may be elected to the board Is and the mlnlmum Is three. Nlne dlrertors served In offlce durin8 the year. The dlrectors may from tlme lo tlme appolnt any member of the company as a director. eitherto fill a casual vacancy or by way of ad(rrtion to the Board. provided that the prescrlbed maxlmum number of dlrectors Is not exceeded. Any member so apwlnted shau retaln office untll the next Annual General Meetlng and ts then ellglble for re-electknn. On l February2024the trustees set up a wholtyowned subsldlary In the name of St Geor8e'5 Childcare Limited. The company is incorporated in England and Wale5 Ino. 15459281 with the same reglstered office as the charity. The company Is domiant and has been created in order lo retain the charltVs tradlng name. Indurtloft ofdlre(tors Indfvlduals who are Interested In becomln8 dlrertors are In¥￿ed to loln a meetlng where they are Introduced to all the other members. They a￿ asked to submlt a CV and to complete the necessary fomis for clearance through the D15d05ure and Barrlng Servlce IDBSI and OFSTED. Copies of the previous 12 month's meeting minutes. a copy of the charws Mernorandum and Articles of Asx>Clat￿n, the latest accountsfrom the preceding month are avallableto neWd1￿CtOrs. The charitrf5 web51te ST6EOR6E'S COMMUNITY CHILDREN'S PROJECT LIMITEO DIRECTORS, REPORT (contlnued) FOR THE YEAR ENDED 31 AUGUST 2025 and prospectu5 are also avallable to all new members to 8aln more Inforniatlon abtyjt the managemènt and serylces of the rharlty. Oryanlsotionalstrudure The management of the charlty Is run bythe ExecutSve Commlttee, whlch conslsts of the seNlng dlrectors and the Bus￿e$S Manager. The Board of Dlrectors meet monthiy with the Buslness Manager where any Issues or escalations ?re raised for discu$51on and resolution. The Buslness Manager oversees the rest of the admlnlstratfve team whlch comprises three Chlldcare Managers, a Deputy Chlldcare manager, a Flnance Manager. a Fundraising Manager, an Offlce Manager, an Administratfve Asststant/Receptloni5t and a Caterlng Manager and a Malntenance Manager. The rernuneratlon of the charlvs key management per50nnel Is decided by the dlrectors based on perfomiance and achlevement of agreed objertlves forthe year. It15 communlcated by the Chalr. 6ovemonce oAfvndrqlslnq With regard to fundrai$ln8 stsndards, St George's Communlty Chlldren's Project Llmited is re8lstered with the Fundra551n8 Regulator. and arts In accordan￿ wSth the Fundralsln8 Regulatorfs Code of Practlce. vthlch Sets out the standafds w51h which a charlty should compty. The Code can befound online at: h Obj•ciive5 and Artl¥iiles The overall aim of 5t George's Is to provide a hÈh standard of chlldcare forthè local communty. Thls encornpasses: the promotion of the mentsl• physlcal and spiritual Wellbei￿ of chlldren and youn8 people, espedalty those in poor drcumstance5, those sufferln8from dlsablllty and Incapaclty of any kind and those who are deprived,. and the rellef of chlldren in need of Ca￿ and protectlon bythe provision of day care facilitie5 and facllltles for such children outshje of school hours and durin8 school holidav The nursery offers three cate8ories of activlty.. A full day care Nursery comprlsed of fwe areas namely Squlrrels (bables- 1.5 yeats), Hed8ehogs11.S- 2 year5), Moles12-3 years), and Badger5 and Otter513-5 years): uttle Dra8on5 tenn lime only presthool 8roup12.5-5 years); and An Out of Hours fatilily incorporatlng After School Club for prlmary school chI￿ren up to year 6 and Hollday Clubs. These a¢tivltles are run from the charlty'5 freehold property at 7 Chltston Road. Tunbrfd8e Wells. srGEORGVSCOMMUNITY CHILDREN'S PROJECT UMITED DIREcfoR5' REPORT l¢onilnu¢d) FOR THE YEAR ENDED 31 AUGiisf 2025 The chlldcare servke Is offered to all sectlons of the communlty Irrespectlve of ethnl4 soclal and cultural dlfferences ana thereDyencourages ci)iioren to Mix wlth ana respect one another. in orlierto accomplisn this, St Geor8e's uses soelal medla, word of mouth and s¢)metlmes marketln8 advertlsements placed In tarwed l¢¢al publicatb)ns. When provldlng asststed childc•re place5 St George's aims to also give con5Kleration lo {pnd in no order of Preferen￿).. familles Ilvln8 In ternw>rary accommodatlon famllles In ￿ceIpt of Incomtrrelated beneffts, annual household Income of £16.190 or ￿$, or a stru881ir8 flnandally parent Iguardlan out of work, seeking employment or permanenttyl tempornrfty unable to work parent / guardian completing a trainin8 course or in full-time education child has a statement of speclal educatlonal needs {SENI or educatlon. health and care plan chlld or parenV8uardlan recelvlng Db5ablllty Llvln8 Allowance famlly member wlth I0￿-teM1, Ilmltlng phy51cal OT mentsl health condltlon famllles wlth one parert/guardlan In prlson sin8le parent famllles famllles wtth 3 chlldren or more families from a mlnortty ethnlc group famllles experlenclnB a sudden change In clrcumrtances and are In need of chlldcare support for a temporary tlme In order to do thT5 the tharity offer5 subsidised places for childcare seNI￿S. Special consideratron is gNen to indlvldual families as and when the need arises within all areas of the childcare. The Executive Committee revlews the number of asslsted places offered each year and the Chlldcare managers revlew thern on a case- by-case basis every 6 months rfthey need to be extended, In which case afomi15 senttothe famlty and criteria are assessed once again, for example, where the refe￿al comes from, houslnE and employment 51tuatk>n, benefrts beino recelved, chlld speclal educatknnal needs, detalled drcumstances etc. Subsldlsed places a made posslble throu8h the charfvs programme of fundralslr)& In order to meet the overall aim of providin8 h¥h qualty childcare St George's has categori5ed it5 aim5 in five w•ys: Communltyllnks to provide aC￿SS to all visrtors to view our services and facilities. to open owjoln communlcatlon Ilnk5 wtth other a8encles. to share Informotlon and experlence5 wlth other agencles. to open orjoln communlcatlon Ilnks wlth rtalutory agencles. Heatth ondSt7fety to provlde optlmum stjndards of Health and Safety for all IrKllvldua15 Involved at St Geor8e'5. srGEORGYS COMMUNITYCHILDREVS PROJEcfuMifED OIRECTORS, REPORT Icontlnued) FOR THE YEAR ENDED 31 AUGusf 2025 to have sufficient expertlse amongst the staff to copewlth the mlnor medlcal problems of chlldren an(1 to deal ￿Onf￿}entlY ￿1th emergency situatpjns. to be aware of the nutrltlonal requlremerrts of ihe growlng chlld and how these needs can be met. Chlldcorefacllltles to provlde a 8ood qualty day (are nursery 5ervlce forchlldren from bables to five year5 Old. to provkle a good quallty temi tlme onty preschool for chlldren from two and a half years to school to provlde good qualty {￿t of School Clubs for prlmary school chlldren up to yeor & to provlde subsldlsed places for dlsadvantaged chlldren as predetemilned. to provlde a combination of ex￿lIent day care, after school and holiday care that tan provlde continuous 5er¥ke from bables up to year 6. Furni￿ support to provlde a secuwe and (aring envlronment In which prents wlll feel confident to leave thelr ehlld. to offer 4 team of professlonal staff who are avallable for confidentlal dlscussion of each individual chlld's needs. to maxlmlse fundralslng potentlal In orderto provide subsldlsed place5. to offer ao541ce ènd support ft>r parents of children wlth 5peclal needs. to offeropportuniliesforparental Invofvement In soclal, board management and fvndralsln8 activities. Medlo to promote a posltl4* Ima8e of St George's and the excellent chlldcare tt offer5 throu8h soclal medla such as ourwebslte, our Fa¢eb¢x)K and our Instagram page. 5t George's short-tewm aims a￿.. Make sure St Geor8e's has sufficlent subsldtsed places. Achieve the forecasted fundraisin8 objectfve. Delpier con515tent outcomes for all chlldren across the settlng. Creatlvety devek*p eoch chllrfs potentlal. Dellver a personal learning and development plan for each staff member that achleves best praLtke wlthln thelr roles. Con51stently monltor staff en8a8ement. Revlew pay scales and beneflts package to malntain competltfve advanta8e. Involve ourteams in ihe dellvery of our plan. Malntaln an operatlonal budget. Identffy. mitlgate and control risk. Malntaln our operational assets lequlpment. ￿$OUrceS and propertv}. Develop a plan for an Investment surplus. Dlver51fy our Sav1￿ OPt￿￿S to minimise risks. Develop innovatNe solutions across the 5ettln8. Develop a communlty rtwork to ralse the proflle ofst George's. 5TGEORGVSCOMMUNITY CHILDREN'5 PROJEcf UMrrED DIREcfoRS' REPORT {conllnued) FOR THE YEAR ENDED 31 AUGusf 2025 Ensure our charlty offèrlng ts relevant based on existing and thanglng lool needs. Develop and encoura8e Ectrfrlendly ways acrossthe Settl￿ and buSld on our Eto-frlendly eredentlals. Communlcate Clear￿ ourcharltable offerln8s wlth parents. Invest In charltable venture In our communlty. St George's long-temi alms are: Regain our'Outstandin8' OFSfED r•ti Maintain or increase the occupanri. Retaln staff by maklng sure ourtralnln8 and benefrts pècka8e 1$ competttive. Provlde a clear pipeline and personal development plan for staff from apprentlces to fully qualified childcare professionals. Continue to develop and mot14ate our highly skilled teom who are passionate working for St Georges. Successfully expand our provlslon and create an Innovatlve and sustalnable chlldcare settln8. Maximise opportunities to support our tommunty and strengthen eng￿ement Achieve a breakeven Budget. The Executl¥e Commlttee measures It5 success In a number of ways* but there several key Indlcators as follow5: The occupancy rateswithin each activty. A 12-monthforecast Is prepared monthty, whlch Is reviewed by the board and the Business Manager. The number of assisted places It has been able to offerto parents who need 5UPPOrt. Resuhs of OFSTED Inspectlons. We are Bovemed by OFSTED and foltow the Early Years Foundatlon Stage IEYFSI,. the government framework that sets standards for care and learnln8 In the early years. Feedbackfrom parents orcarers. Childcare managers meetwlth soclal workers and heaMh vlsltors and regularty orEanise interview5 With farnily member5 50 that the child￿re manager5 can be Informed about the behaviour of thelr children and how thelr Ilfe Is Impmvln8. Retentlon of permanent staff member& Monthty analysi5 of our management accounts for bud8et tracklng purposes. Yearly parents and staff survey. Trackln8 of some chlldren's development to dtscover any area needln8 Improvement. Ask forschool feedback on some chlldren to monknr thelr progress and transltlon to receptio In 5ettlng the objertives ind plannln8 the 4rtlvltle5 of St Geor8e's the dlrector5 have glven careful considerdtlon to the Charlty COMM￿10n,$ general guidance on publlc beneflt and to Its supplementary PLFbllc benefft guldance on advanclng educatlon and on fee char8iWd. Revlew of Khlevements Durin8 the year, St George's experlenced a 8ood level of occupancy and currently has wailin8 Ilsts up to 2026 to 2027 depending on the rooms. Throughout 2024125 we have had made few Improvements to the settlng Indudlng a new rnud kltchen and baby corner in the pl?yground and new floorin8 in the basement and our main offlce. STGEORGfs COMMUNrrYcHILDRENS PROJECT UMrrED DIRECTORS, REPORT {¢ondnuedl FOR THE YEAR ENDED 31 AUGUST 2025 The last OFSTED Inspertlon was In November2024andthe St George's rÈceNed an"6￿ ratln8 whkh 5how5 the quallty of chlldcare provlded In the 5ettin8. Children Nursery The nursery occupancy rates were 8ood from September 2024. OccupanLy rates forthe year were 86%12024: 79%). the webstte was 115tlng aVaIlab￿ sesslonsfor Parents, and 839 ￿SlOn5 were booked as • result of thls. 9-month fundln8 increased from 15hr to 30hrs in Sèptember 2024. By advertising our free 'ad hod sesslons to existing parents we have been oble to add an extra £35.3K to our revenue thls Finan¢ial Year. Llttle Dragons The L￿le Dragon5' occupancy rates forthe yearwere 89%12024: 81%) Little Drwns 2.5 year olds were 8lven access to 15hrs fundln& so Parents were able to have more chiklcare. Ixrt at the Mme cost as before eg 30hr instead of 1Shrs. Afterkhool aub The club has been consistently well occupled with oecupancy rates for the year of 93% (2024., 89%). ASC had a focus on filling up available spaces. The offlce staff became more Invofved with monltorlng the walllng Ilst as ihe member of stsff who had been In the SCL retlred In July 25. Hollday aub The Hollday aubs have seen good numbers wlth oc£upancy rates for the year of 81%12024: 74%). We introduced a new Ix>oklnB s￿tern {Pebblel, thls was the fir51 full yeaw. the club offers very competllfve prlcSn8 compared wilh slmllar provlslons. The ehlldren are fed from the mafvellous kltchen and then have the opportuntyto play ljoth in 8nd out of the buildln& The children also get the opportunlty to 80 on outlng5 to local park% and to attrnctions Ilke theatre shows etc. Duringtheyear. results of interviews and questionnaire5 wlth parents were posltlve and showed the d6ffererKe that St George's makes to children and thelr familie5. Results showed that 95% of parents are very happy wilh the settin& which we ore very proud of. Communlcatton, caterln& bulldin& and gardening improvementsweTe a few aieas that were hlghllghted. At the centre of the sepilce, Is the Senior Childcare Leader who is a hi8hty experlenced and qualtfted chlldcare professional, supported by Keyworkers who complete plannlng and next Steps for the chlldren In¢ludln8 observations and assessmènts. Connect, an Interactive tool. is used by the settlng and parents. Thls enable5 the Key Person to create an Onllne Journal whlch parents can read and contrIb￿e to. to document the chlldren's proBress. Beskjes obseNatlons on learnlng and progres5, thls tool wlll Include things like photos and srGEORGVSCOMMUNrrY CHILDREN'S PROJECT LIMITED DIRECTORS. REpoirr leontinued FOR THE YEAR ENDED 31 AUGUST 2025 vlde05. Thls Investment has enabled bettersharfn8of Inforrnatlon and feedbackon each chlld whkh has helpe develop conslstenl care both at nursery and at home. Stoff Recruitment wrthin thè sector 15 ￿111 challenging we have been successfvl In ￿rUttIng and retalnlng talented stsff through our practbe5 and staff beneflts. Our staff are brl8ht. carlng Indlvlduals who are a credlt to the St Geov8e'5 learn. In addltlon. they are mostty etther quallfled or worklng toward5 a qualIfi￿tIOn. One memberofstsff qualif￿d thls year. The management team contlnues towork with each empbyee wlth a vlew to be a great place to work as well a5 a fantastlc chlldcare estsbllshment. Our Staff Development Lead 15 here to support stsff and organ15e necessary tralnlng to sult thelr need5 and the requirements of St George's. Thls indudes ensurin8 011 staff recefve the necessary traInI￿ have superrflslon meetiry evèry 64 weeks and a Year￿ apprnlsal where their training needs and achievements are revlewed. The appralsal proces5 wa5 done In February and March 2025 and was followed by a PayS¢•le exer¢i5e Idue to the Natlonal minirnum Wage Sncreasln8 In Aprll 20251 and a pay increase in April 2025. Staff beneffts package Include: team ￿￿ilding outings. 3 rnonths. fvlty pakl maternlty leave, freechlldtare when staff are work5n& hollday gh*en between Chrlstmas and New Year, pensknn scheme, soclal events. free lunch, free flu lab, free unlfornis, funded tralnln& Cycle to work scheme. regulart￿ats Ilke b￿akFaSt. snacks etG Fundratslnq ondosslstedploces Although St Geor8e'5 runs a fvll tlme Nurseryth term tlme only preschool, Afte￿ChoOl and Holiday c￿b. It also undertakes slgnificant fundraising actNities with the oblectlve of beln8 aLqe to provlde subsldlsed places for chlldren In need. The 2024125 year saw St George's provlde 11 chlldren wlth such subsldlsed places, at a cost of £13K for the year. st George's exceeded the fundralslng target for 2024125 by 47%. Funds came from generous grants and donations we have recerved, our very suc￿5$fUl Chrlstmas and Summer falrs, and fundralslng events Ilke our Quiz Nlght, photoshoots, and Tunbrldge Wells Half Marathon. St George's would Ilke to thank the follcMYin8 individua151 grant bodles and organlsatlons who have supported the charlty durlngthe year wlth sl8nlAcant fundralsln8 actlvltle5 and donat￿￿5. £IO.IXJO Wooden Spoon £4.71XI Kent Communty Foundatlon £5,c(YJ Groundwork ITe5coI £5,000 Enjoy benefits £5Q) Hande15banken STGEORGVSCOMMUNITYCHIiDREN'S PROJECTUMrrED DIRECTORS, REPORT {¢pThtlnued) FOR THE YEAR ENDED 31 AUGusf 2025 The settlng15 51ncerely grateful to each and every indlvldual, company• club, church, trust and group that has donated Gr¥'olunteered their Ser¥￿e5. W,*hoLrt this help, St Georgdi iould not hope lo help as many children as it doe& In addltlon. St George's ¢ontlnue5 to be involved w5th The Mayoes Toy Appeal, helpln8 a large number of chlldren each year to enjoy a better Chrlstmas. The maiorlty of St George's fundralsln8 Income Is obtalned through grant and trust applications and the support from those In our communlty, We do not carry out any fundraising activltles where a professlonal fundralsln8 agency Is pald or where external fundratsers are actlng on our behalf. Any fundraisin8 aCtNltles that are undertaken are done so voluntarily and under the guidance of the Fundraising and Development Mana8er wherever posslble. Bulldlnq The buildlng 15 close to 2(X) years old and, a5 such. require5 a 51gnfflcant amount of work and upkeep to maintsin a safe and comft>rtable envlronment a5 well a5 retsln Its appealing nature for chlldren. In order toensurethe settln8 provides a hl8h standard forthe children. a numberof bulldln8 work5 have tsken place In the year: New Mud kitchen in the playground New baby area in the playground Board room refurb15hment New floor in the basement New floor In the maln office New Ma8na lock on lobby door New Fence It Is hoped that in the 2025126 financial year. St George's wlll be able to secure some additional fundralsln& so that it can undertake some s18nlficant Improvements throuBhout the 5ettln& Penslon Staff who meet the le8tslatlve crlterla are automatlcally opted in to the People's PenS￿n and can pay 5% of their salary12% prior to Aprll 20191 with St George's payin8 3%. Staff can then opt out of pension payments If they do not wish to utilise it. ST GEORGE'SCOMMUNttY CHILDREN'S PROJECT LIMrrED DIREcfoRs' REPORT l¢¢)ntlnued) FOR THE YEAR ENDED 31 AUGu¥f 2025 Risk M*nag*mènt The board revlewthe rtsk reglsteron a monthly basls and take appropriate action5 wherE nece55ary. Currently. principal risks are considered to be: No HR experlence In the board Key staff absence. GDPR Compliance. Buslness contlnulty and plannlng. Retentlon of stsff. Building destruttion by fire. L05s of IT equlpment. Lockdown sltuatlon Ibulldlng irtrnsionl. Bulldln8 malntenance. Publlc Perceptlon. Running out of fundin& Special diet compliance. Heatth and Safety. Exceptlonal bulldlng Orgr(￿thdS Mair￿enanCe i$5ues. Pandemic Illr*ss. Bulldln8 securtty. The board ond the Buslnes5 Manager hwe Identlfied these rlsks and put relevant measures In place to control them, for example, a revlew of the Const￿Ut10n. the creatitin of a continuity plan and cover plan for key staff, the monltorln8 of our bulldlng malntenance report. lock thwn drills and the re￿fOrCement of the bulldlnls 5ecurlty. Flnanclal Re¥lew Income ft>r the year wa5 £1,933,022 an 8.20% Increase on £1.786,￿9 In 2024. The total expeNliture in the year was £1,954,984. Thi5 represents an 11.01% increase on the previous yearof £1.761.111, this 15 due to an Increase in food and other operational overheads, as well as investment in staff recrultment and retentlon to malntaln the best level of sepilce for the chlldren In our ca￿. The increase in the Natlonal Mlnlmum Wage in Aprll 2025 also impacted our expenditure. Each year a bud8et is prepared to show a breakeven p05tt1on to ensure St George's covers Its costs. CapltBI projects are elther covered by specffic fundralsln8 campaign5 or from reserves brought forward at the dlscretSon of the dlrectors. After revlew ￿ St Geor8e'5 operatlonal and runnlng costs. the Board felt it ne￿Ssaryt0 i￿rease the fees wlth effect from 15eptember 2025. Great thought was taken In keepln8 the Increase as far and as reasonable as PO55ible acr055 each area, whilst enablin8 St George's to ralse funds to coverstaff costs and to cary out future Improve.ments and renovatk)ns to the bulldln8s and grounds. io srGEORGfscoMMUNITYCHILDREN'S PROJECTUMrrED DIRECTOILS. REpoirr IcoThtlnued) FOR THE YEAR ENDED 31 AUGUST 2025 It Is St Georgrfs polFcy to hold a minimum of £200,1XX) of free unrestricted re5eNes representing weeks. expenditure. Reserves are held to malntain required working capltal and to ensure funds are available In the event of unbudgeted ex￿ndIture. It Is St George's policy to malntaln a balanced budget each year. The balance on totsl unrestrirted fvnd5 at the year-end was £1.164,417 {2024: £L188,4761. OF this amount free unre5trlrted reserves Ibelng unrestricted reserves eMcludln8 fvnds onty available on sale of fixed assets) at 31 August 2025 totalled £361,83812024: £374,634). St George's had designated fvnds ot £112,56712024: £116.967) represented by flxed assets. Thi5 rnrnprlse5 the bulldlng fund which represents a grant from the Natlonal Lottery that w35 used to purchase the freehold lènd and bulldlng. Ihe fund is reduced each year in equal amounts and transferred to the general fund In Ilne wlth the rate of depreciation charged on the freehold building. The level of restrKted funds at ihe yeaf-end whlch arè not available forthegeneral purposes of the charlty are £20.41612024: £18.3191. Thls répresentsspecthc grants and donatlon5 towardsthe Addltlonal Support £3.787. Enloy Benefits £24, Forest School fund £8.X6. Toys and Equlpment fund £3.C04 and also fund5 for asslsted pla￿5 of £5.295. Plans for luture periods The Board and Buslness Manager have plans to develop further St George's presence in the comrnunrty by lialsing more dlrertty wlth local companles and buslnesse5 wlth a vlew to seeklng corporate sponsorship and presence and also ralse the proflle of St Geor8e'5, 50 the communlty knows what the Charity does. There are also ongoln8 plans for improvements to the bulldln8s and 8rounds of St George's wllh the view to keepthe setting in the best condMon possible for Yea￿ to come: Redecoratlng of vark)us rooms Replacement of flre doo New hot water cylinder Replacement of the Office kltchen Replacement of the staff krtthen New kltchen in Moles. room Solar Pane15 Other sustalnable Investments stateme￿ ofTrustee< R•sponsibilitie$ The trustees are responslble for preparln8 the Ananclal statements In accordanee wlth appllcable law and Unlted Klngdom General￿ Accepted Accountlng Praetlce. li ST6EORGVSCOMMUNrrYcHILDREN'S PftOJECT LIMITED DIREcfoRS' REPORT Icortlnued) FOR THE YEAR ENDED 31 AUGUST 2025 Company law requ1￿ the trustees to prepare financlal statements for each flnanclal year. Underthat lawthe trustees have elected to prep3re the flnanclal statements In accordance wlth ihe Unlted Kln8dom Generally Accepted Accountln£ Practlce {Unlted Klngdom Accountln8 Standards and applicable lawl. Under company lawthe trustees must not approve the flnancial statements unless they are satlsfied that they 8ive true and falrviewof the state of affalrs of the charltable company and of the surplus ordeflclt of the charitable company for that period. In preparing those financlal statements, the trustees are requlred to: select sultable accountln8 pollcles and then apply them conslstently. observe the methods and princlples In the Char￿leS SORP. make judgements and estimates thai are reasonable and prudent. state whether appllcable UK Accountln8 Standards have been followed, subJett to any material departure5 d15cSosed and explalned In the flnandal statements: and prepare the ftnaneièl statements on the going concern basls unless It Is Inappropriate to presume that the charftable company wlll tontlnue In buslnes The trustee5 are responsible for keeplng adequale accountlng records that are sufficient to show and explalft thE charitable cornpanV5 transactions and disclose wlth reasonable accuracy at any tlrnethe flnanclal posltlon of the charltable company and enable them to ensure that the flnandal statements compfy wlth the Cornpanie5 Art 2(X)6. They are also reswnslble for safeguardlng the assets of the charltable company a•KJ hence for taklng reasonable steps for the prevention and detectlon of fraud and other IrregUlar￿se5. Appolntment of •udltor WP Audit Services LLP were appointed a5 auditor to the charftable company and In accordancè wlth sertk 485 of the Companles Act 2LY16. a ￿olution proposlng that they be re-apwnted wlll be put to a General Meetlng. Stsiement ol dli¢lo5yre to •udltors Each of ihe persons who are trusteeset the tlme when thls trustees. annual report is appfoved has o)nfirnied that: 50 faras that trustees are aware, therels no relevant audlt Infom7atlon of whlch the charitable company's audStors are unaware. and that trustee5 have taken all the steps that OUBht to hève been taken as tru5tee5 in order lo be aware of any relevant audil Informatlon and to establlsh that the charltable company'5 auditors are aware of that Inforrn#tion. 12 STGEORGVS COMMUNttY CHILDREWS PROJECT UMrrED DIREcfoRS' REPORT Iconlhwed) FOR THE YEAR ENDED 31 AUGUST 2025 Small Company ExemP￿on5 Th15 report has been prepared In accordance wllh the provlslons applicable to companie5 sublect to the small companles regime In Part IS of the Companies Act 2(KJ6. By Order of the Board Adrlan C¥ou¢h Chalr > onations and le8atSes Charltable artivities Othertradlng artivlties Investments 7,057 1,860,440 18,104 11.145 36.276 43.333 1.860.440 18.104 11,145 38,021 1,716,240 22,283 10.365 Totsl Income 1.896,746 36.276 1.933.022 1.786.909 Exp•ndltur• on: Raising funds Charltabte actlvltks 29.184 1.903,833 29.184 1.925,800 19,783 1.741,328 21.967 Total expendlture 1,933.017 21,967 1,954,984 L761,111 N•t {•xp•ndlture)IINome 136.2711 1249621 25.798 Transfers between funds 12.212 112.212 Net movement in funds 124,0591 124962) 25.798 R*conelllatlon of funds: Totsl funds brought forward L188,476 18,319 1,206.795 1,180,997 Totsl fimd5 carried forYArd 15 L164.417 20A16 1.184,833 L206.795 18 ST GEORGE'S COMMUNrrY CHILDREN'S PROJECT UMITEO BALANCE SHEEr A5A T31 AUGUST2025 2025 2025 2024 2024 Flxed assets Tan8lble assets Investment in 5ubsldlary Long term cash deposlts 12 li 802,578 813,841 340,711 1,143,290 813,842 Current assets Debtors short terrn cash depos5ts Cash at bank and In hènd 13 55.699 29,776 114.139 148,687 409,618 95,204 199.614 653.509 Credltors: amounts falllng due wlthln one year 14 1158.071) { 260,5561 Net ¢urr¢nt OSS•1$ 41,543 392,953 Tolal net assets 1.184,833 1,206.795 Funds Unrestrt¢ted fvnd5 Restricted funds 1,164,417 20,416 1.188.476 18,319 Total lunds 15 1,184,833 1.206,795 These flnanclal statements have been prepared In accordance wlth the special kYovlsFons of Part 15 of the Companies Act 2006 relatin8 to Small companies. 2&J(Ilz6 The ftnanclal stètements were approved by the Board of Trustees on ................... behalf by: and We￿ signed on Its Adrlan Crouch Chalr Company number: 2412455 19 ST GEORGES COMMUNrrY CHILDREN'5 PROJEcf UMrrED STATEMEKf OF CASHFLOWS FOR THE YEAR ENDED 31 AU6UST2025 2025 2024 Cash flows from operntln8 Xtivitses: Net cash provlded by operatlng actlvltles 15,789 62573 Cash flowi from Invesdn8 actlvltles: Purchase of tangible assets AcquisEtlon of Imiestment In subskllary 135,9851 1114,362) { i) Net cash used In Investln8 actfvltks 135.9851 1114,3631 Change In ¢ash and ¢ash equlv4fJts for the y¢•r 120.1961 151,7901 Cash and cash equivalents at the beginning of the year 504,822 556,612 Cash and cash equlvalents at the end of the year 484,626 504,822 Representedbv." Long term (ash deposlts Short term cash deposlts Cash at bank and in hand 340,711 29.776 114,139 409.618 95.204 484,626 504.822 A Reconcillatlon of net {expendltUTelllnc¢The to net C•sh flow from operatlnK a¢tlvltles Net lexpendlturelhncome Depreciation Decreasellincre￿e1 In debtors (Decreaselllncrease In credltoys 121,962) 47,248 92,988 1102,4851 25,798 43.111 { 43.3531 37,017 Net rnsh prov1d￿ by •)per•tlw artlthles 15,789 62.573 20 ST GEORGE'S COMMUNrrY CHILDREN'S PROJECT UMITED NOTESTO THE FINANCIAL STATEMENTS FOR ThIE YEAR ENDED31 AUGUST2015 STATUS St George's Communtty Children's Project Llmtted Is a charltable company Incorporated in England and Wales. It is limited by guarantee and has no share capitsl. In the event of a windln8 up, each member and those that have ceased beln8 a member withln the prevlous twelve months. are Ilmhed to a Ilabllity ot £1. The address of the reglstered office15 7 Chllston Road. Tunbridge Wells. Kent, TN4 9LP. ACCOLIPMNG POLICIES The principal accountin8 polkles adoptedi judgements and key sources of estlmation uncertalnty In the preparatloth of the flnanclal statements are as follows: 2.1 B3$1s ol weparatlon The flnanclal statements have been prepared under the hlstortcal cost conventlon in accordance with 'Accountin8 and Reportlng by Charlties: statement of Recommended Prartlce appllcable to charbtle5 preparing their accounts In accordance wrth the Flnanclal Reportin8 Standard appllcable In the UK and Republlc of Ireland IFRS 102}" IEffectNe l January 2019} - {Charitie5 SORP IFRS 102)), the Flnanclal Reportlng Standard appllcable In the UK and Republk of Ireland IFRS 1021 and the Companles Att St George's Communlty Chlldren's Projert Llmfted meets the definitlon of a publlc benelSt enllty under FRS 102 as it alms to provlde a high standard of chlldcare for the local community. There are no material uncertalnties about the tharty's ability lo contlnue, and so the Boing concern basls of accountlng ha5 been adopted. The financlal statements are prepared In pounds 5terlin& whkh ts the functional ￿rrencY of the charlty, and rounded to the nearest £1. Group occounts The charfty has a wholly-owned subsldlèry undertakln& St Geor8es Childcare Llmlled. The subsidiary is dormant and so consolldated flnanclal statements have not been prepared on the grounds of Immaterlallty. 2.2 Incom• All Income Is Included on the Statement of Flnanclal ActNitiÈs when the charlty Is legally entitled to the Income. the recelpt 15 probable and the amount can be quantllled wlth reasonable accuracy. For donatlons thls Is usualty on recelpt. For 8rant5 thi5 ts usually when a fomial offer Is made in writin& unle55 the grant contalns terms and condltlons outslde of the charlty's control. which must be met before the charfty Is entitled to the fun¢ts. Income from charltable activities have been analysed by the th￿e undertaken by the charlty, namely Nursery. Aftèr School Club / Hollday Club, and Little Dragons. The income Is recognised to the extent that the charity has provlded contracted services. 21 5T GEORGE'S COMMUNrrY CHILDREN'S PROJEcf UMITED NOTES TO TME FINANCIAL STATEMEr FOR THE YEAR ENDED31 AU6UST2025 ACCOUNTING POLICIES Icontlnuedl 2.2 Income contlnued Fees recelved In advance or Income to whlch the charftable company ts not yet entitled is accounted for as deferred Income. Fundralslng Income b recognlsed when the event takes place. Rental Income 15 recogni5ed In the period to whlch It relates. The charltable company Is not reglstered for VAT. 2.3 Expendilure Liabilities, and ￿lated expenditure, are reco8nlsed when a present le8al or construrtNe obltgatlon exists at the b81ance sheet date as a result of a past event. It b probable that a transfer of economlc benefits will be required to settle the obllgatlon. and the amount can be measured or estimated rellably. Expenditure is •¢wunted for on an accruals ba51s and has been dasslfled under headln85 that aggrewe all co￿$ related to the category and Includes Irrecoverable VAT. Dlrect costs have been charged to the act￿lty to whlch they relate. Support Costs and dlrect costs not relatlng to one actkvty In partlcular have been allocated to the three actlvltles undertaken by the charlty on the basls of the dlrect Staff costs attributable to each artfvlty. Governance costs Include those costs dlrectly assoclated wlth the general Nnnlng of the charltyi as opposed to the dlrect management functlons Inherent In generating funds and service delivery and a￿ Included In support costs. 2.4 Taxatlon The charltable companyls exempt from corporatlon tax on Its charltable artlvltles. 2.5 Fund •¢countlr General funds can be used in accordance wlth the charitable obje¢tive5 at the d15cretlon of the trustees. Desi8nated funds are unrestricted funds whlch the trustees have deslgnated to be used for a particular purpose. Restrlcted funds can only be used for the particular re5trlrted puwp05es wiihln the objects of the eharlty. Restrlctions arlse when specified by the donor or when funds are ralsed for portlcular re5trirted purp05e$. 22 5T GEOR6fs COMMUNITY CHILDREN'S PROJEC[ UMITED NOTES TO THE FINANCIAL STATEMEMrs FOR THE YEAR EhlDED 31 AU6UST2025 ACCOUNTING POUaES Icontlnued) 2.6 T•nglble fixed assets arKI depre¢latlon Tangible fixed assets are eapitallsed above £l,O(K) and are stated at cost less depreciatlon. Depreclatlon Is provlded at rates calculated to wrlte off the c05t les5 estlmated reali5able value of each asset over Its exp￿rted useful lffe. as follow5: 8ulldlngs maln fabric & strurture Roots Windows and external doors Bathrooms Heatln8 systems Kitthens Fixtures. ffttln8s and equipment Den Play8round Over 50 years Over 40 years Over 10 years Over Ioyeats Over 20 years Over 20 years Over 4 years I￿er 10 years er 10 years A revlew for Impalrment of a fixed asset Is carrled out if events or changes In clrcumstsnce5 Indlcate that the carylng value of any flxed asset may not be recoverable. Shortfalls between the carrying lue of r￿ed assets and their recoverable amounts are recognbed as Impalrments. Impalm)ent105ses are reco8nised in the Statement of Financlal Activities. 2.7 Flnanclal Instruments The charity's basic flnanclal Instruments are initlalty recognbsed at transactlon vatue and subsequentty measured at amortlsed cost. 2.8 Cash and bank b•lantes Cash on Instant access and cash held on deposlt w5th an initial maturlty of approximately three month5 or less15 Induded as Cash and cash equivalents in the Ststement of Cash Flows. Cash held on deposrt for investment purposes rather than to meet daY-t￿daY cashfiow needs ts shown separatety in the Statement of Financial Posltlon as short terrn or long temi cash deposlts. LonE term Cash deposits conslst of balances intended to be specifically held for a perlod greater than 12 months after the end of the reportln£ period. 2.9 P¢nslon stheme The charSty operates a deflned contrlbutlon penslon Scheme for ks emplwes. The assets of the scheme are held Separate￿ from those of the charlty In an Independently admlnistered fund. The pension cost represents contributions payable by the charlty to the fund. The penslon expense Is recognlsed across actlvlties on the same basls as all other expendrture. 2.10 Leaslns Rentals payable under operatln8 leases are charged a8ain5t Income on a straight Ilne bas15 over the leèse term. 23 ST GEORGE'S COMMUNITY CHILDREN'S PROJEcf LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 AU6UST2025 DONATIONS 2025 2024 Grants and donations 43.333 38,021 43,333 38.021 In the rrtior year the charity received £26,812 in restricted grant5 and donation5. INCOME FROM CHARITABLE AcnviTIES- 2025 Afterschool & Hollduy Litt Dmgons Nursery Totol Fees receivable 1,563,794 149,360 147,286 1,860,440 INCOME FROM CHARITABLE AcnvmES- 2024 Afterschool & Hollday Llttle Drogon5 Nursery rotol Fees recelvable 1,446,942 141,640 127.658 1,716240 (yrHER TRADING Acnvmts 2025 2024 Fundraising artivit*s Other 15,822 2,282 17,597 4,686 18.104 22,283 24 sr GEORGES COMMUNITY CHIU)REN'S PROJECT LIMITED NOTES TO ThE FINANCIAL 5fATEMEMrs FOR THE YEAR ENDE031 AU611ST2025 COSTS OF IIAISING FUNDS 2025 2024 Fundralslng costs Staff costs (Note 91 3.922 25.262 4,714 15,069 29.184 19,783 COSTS OF CHARITABLE AcllviTIES. 2025 Afterscht & Holldoy Clubs Llttle Drugon5 Nursery Totol Direct costs: Staff Costs (Note 9) oiher dlrect costs 1.181.898 130,045 71,512 17,079 105,431 11,601 L358,841 158,725 L311,943 88,591 117.032 1.517.566 Allocated support costs (Note 81 355.075 21,484 31.675 408,234 Total costs 1,667,018 110,075 148,707 1,925,800 COSTS OF CHARITABLE ACTivrriES- 2024 Afterschool & Holldoy Clubs Llttle Dmgons Nursery Total Dlrect costs: Staff costs {Note 91 Other dirert COSts 1.045.740 140.752 59.816 16.531 74.667 IL193 1,180.223 168.476 1,186,492 76,347 85.860 1,348,699 Allocated support costs (Note 81 349,540 18,131 24,958 392,629 Total eosts 1.536,032 94.478 110,818 1.741,328 In the prlor year, the charity spent £23.189 from restrlcted funds in relation to Its charitable actfvltles. 25 STGeoRGE'S COMMUNrrY CHILDRENS PROJECT LIMrrED NOTESTO ThE FINANCIAL STATEMENTS FOR ThE YEAR ENDED31 AU6UST2025 SUPPORT COSTS 2025 2024 Slaff costs (Note 9) Admlnlstratlve expenses Premises costs Accountaney and payroll fees Depreciation Govemance costs Audlt fees Le8al and professional fees 187,565 15.671 13L585 5,554 47,248 186.222 14,716 119.799 5.205 43.111 12,854 7.757 15.560 8,016 408,234 392,629 srAFF COSTS The average number of employees during the yèar on a headcount basis was: 2025 No. 2024 Nursery Afterschool Club and Hollday Club Little Dragon5 Admlnlstratlon 59 59 77 77 staff costs comprse: 2025 2024 Gro55 salarles Employerfs Nallonal Insurance Pension costs Staff recrultment Freelance and ternporary staff 1,41L072 111417 32.052 10,916 5,211 1.265.670 77,533 28.948 5.371 3.992 1,571,668 1.381.514 The￿ are no ernployees with emoluments above £60.00012024: none). 26 ST GEORGE5 COMMUNrrY CHILDREN'S PROJECT UMITED NOTES TO THE FINANCIAL STATEMErirs FOR THE YEAR ENDED31 AUGUST2025 sfAFF cosrs contlnued Two trustees, Pauline Parker and Alison Jeffery, were remunerated £22,402 for their roles as Nursery Staff during the year12024: £6.9931, whlch Includes pen51ons contribution5 of £41712023: £651. Th1515 allowed under provLslon 4a of the governlng document. There were no other trustee's remuneratlon or other beneflts In the current or prlor pedod. No tsustees12024'. none) were relmbursed during the year for expenses. 10 NET (EXPENDITUREIIINCOME 2925 2024 Met Income Tr5 ststed after charging: Audit fees DeprecSatlon Operatln8 lease payments 12,854 47,248 15.560 43,111 8,403 11 INVEsfMENT IN SUBSIDIARY The charity own5 IIXJ% of the ordlnary share capltal of £1 of St Geor8e's Childcare Llmlted a company Incorw*ed In England and Wales {No 15459281 with the same regbtered office as the charity. The purpose of the company 15 to retaln the chartty'5 tradin8 name and there is no activty In the company. 27 ST GEORGE'S COMMUNITY CHILDREN'S PROJECT LIMITED NOTES TO THE FINANCIAL sfATEMEPIT5 FOR ThIE YEAR ENDED 31 AU6UST2025 12 TANGIBLE FIXED AS5Ers Lond and buildings Fixtures & Equipment Totol Cost At I September 2024 Addttions Disposals 928,104 28.622 109,577 7.363 19,599) L037,681 35,985 19,5991 At 31 August 2025 956,726 107,341 1,064,067 Depretlatlon At I September 2024 Char8È forthe yèar Eliminated on di5P05al 129,946 38.798 93.894 8.450 19,5991 223.840 47,248 19,5991 At 31 August 2025 168.744 92,745 261.489 N•t book v•luo At 31 AuBust 2025 787 982 802.578 At 31 ALW15t 2024 798.158 Induded in land and buibding5 above is the cost of freehold land of £189,62612024: £189.6261 whlth Is not depredated. 13 DEBTORS 2025 2024 Trade debtor5 Prepoyments and accrued incorne Other debtors 35.2￿7 20,409 115.277 31,410 55,699 148.687 Trade debt0￿ for 2024 induded fees receivable frorn KCC involced In advance amounting to £81.260 which have also been shown In deferred income. as per note 14. 28 ST GEORGE'S COMMUNITY CMIiDREN'S PROJECT UMITED NOTES TO THE FINANCIALSTATEMEfiTS FOR THE YEAR ENDED 31 AU6UST2025 14 CREDITOR&. Amoumfs FAWNG DUE w￿MIN ONE YEAR 2025 2024 Trade creditors Taxes and soclal security c05ts Other credltors Accruals and deferred Income 15.498 19.475 24,839 98.259 33.774 19.019 31.921 175,84Z 158,071 260,556 Deferred Income Income deferred from the prevlous year Released to the statement of financlal artlvit*s Arlslng durlng the current year.. Private fee5 In advance Kccfees In advance 88,576 188.576) 38.880 138,8801 8.898 7,316 81.260 8,898 88.576 MOVEmE￿oN FUNDS Atl Sept 2024 Incomlng resources Resources expended At31 Aug 2025 Curyentyear Transfvrs Unrestri¢ted funds General fund 1.071,509 1.896.746 11.928.6171 12,212 1,051,850 Desl8natsd fvnds Bulidln8 fund 116,967 { 4.4001 112,567 1.188.476 1,896,746 11,933,017) 12,212 1.164.417 Restrfrted funds AssLsted places fund Equipment fund Addltbonal support fund Enjoy benefits fund Garden fund Forest school fund Toys and Equipment fund 13,566 3.028 1.217 508 4.700 112,9711 16441 17CKII { 5.4841 5,295 2.384 3.787 24 3.270 io,ocL) 8,306 5,LKIO iio,ocrf)I 8.306 620 12.1681 12.2121 18.319 36,276 121.9671 112.212) 20.416 Totsl funds 1,206.795 1,933,022 11.954,984) 1.184.833 29 ST GEORGE'S COMMUNITY CHILDREN'S PROJECT LIMITED NOTES TO THE FINANCIAL STATEMEfiTS FOR TME YEAR ENDED 31 AU6UST2025 MOVEMENT ON FUNDS ¢ontIn￿l At 15ept 2023 Incomlng resources Resources expended At31 Aug 2024 Prfor￿T Transfrr Unrestrlrtéd fund$ General fund 1,040,661 1.760,097 11.733,5221 4.273 1,071,509 Desi8nited funds Bulldlng fund 121,367 14.4001 116,967 1,162,028 1,760,097 11,737.9221 4,273 1,188,476 Restrlcted funds Asslsted places fund Garden Fund Equipment fund Additional support Enioy benef .941 IL(MM) 2,5(Ml 111,375) (2271 13,566 14.2731 3.028 3.028 1.217 508 9,312 4.01)) 18,0951 13.4921 18.969 26,812 123,1891 { 4,2731 18,319 Total lunds 1,180.997 I,786.￿19 11,761,111) 1,206,795 Bulldlng fvnd The bulldlng fund represents a lottery grant whlch was set askle by the trustees and utlli5ed to purchase the freehold premises. Part of the depreciation charge is charged to the buildln8 fund each year. Asslsted places lund The a5515ted place5 fund5 represents grants and donatlons recefved that were rertrfcted to the provlslon of subsldlsed places, Equlpment fund This fvnd represents speclfic grants and donatlons recelved for the purchase of equSpment and/or toys. Aldltlonal support fund Senlf and DAF fundlng 15 awarded by Kent Couiity Counc51 to support Chlldren wlth a slgnrficant need. DAF bs awarded when a dlsabllfty Ilvlng allowance Is In place. 81vI￿% the setting a one off payment per year. SENIF Is awarded as per the chllds funded hours to support the chlld In the settin& prSmarlly for spetifit toys and equlpment or addltlonal stafPin& 30 ST GEORGE'5 COMMUNrfi CHILDRENS PROJEcf LIMITED NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED31 AU6UST2025 IS MOVEMENTON FUNDS contirbuod Enjoy beneflts fund Enjoy Benefftsls awarded to the settln8 from the Parents Company per year. The parents decide how this is spent to 5UPPOrt the settln& whlch may Include toys and equipment. extra currleular actfvltles or staff rewards. Garden fund This fund ￿presents grants and donations recelved to make improvements to the playground. It has been used towards the deslgn and build of a new babies area. These costs have been capltallsed and therefore a £10.￿0 transfer has been shown. For•st sthaol fund The govemment awarded Kent County Councll a grant to Support Nurserles In the Kent area. This rnoney wlll be utlllsed to prcNide children wlth the addition of Forest School 5esslons. Forest Sch¢)ol enhances child development In all learnln8 areas, In on outdoor envlronment. Toys and equlpment fvnd The £5.(KIO grant was awarded to support Improvements to the learnlnB envlronment and to replace wom or broken toys and resour￿ wlthln the settin8. The fundin8 ha5 been used to enhance the outdoor area* purchase new garden play equlpment. to replace and refresh a ran8e of tOy5, b)oks and learnin8 resources across the nursery and to install a new alr condltlonin8 unlt In the kitchen. These purchases were chosen In consultatlon wlth the Chlldcare Te•m. £2.212 of thèse costs were capltalised and have therefore been Shown as a transfer. 31 srGEORGE'S COMMUNrrY CHILDRENS PROJECT UMITED NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDÉD 31 AU6UST2025 16 At4ALYSIS OF NEf ASSEfs BEfwEEN FUNDS Unr*strirted funds 2025 Restritted Aunds 2025 Totalfunds 2025 Current year Tangible r￿ed assets Net current assets 802.578 21,127 802.578 41.543 20,416 823.705 20.416 844,121 Unre5trkted fvnds 2024 Re5trlrted Aunds 2024 Totolfvnd5 2024 Prior year Tangible fixed assets Net current assets 813,841 374.634 813.841 392,953 18.319 1,188,475 18.319 1.206,794 17 OPERATING LEASE COMMITMENTS At 31 Au8USt 2025, the charrtable company Is rornrnitted to future mlnlmum lease payments under nOn-¢an￿lIable opernting leases a5 follows: 2025 2024 Due not laterthan one year Due later than one year but not later than flve years 5.403 5.313 5,403 10.716 10,716 16,119 18 RELATED PARTYTRANSACTIONS The charlty's key management personnel for the year ended 31 August 2025 are consldered to be the Trustees Ilncludln8 two Tru5tee5 who were employed as Chlldcare Managers). the Flnance Manager and the Business Manager. Total ernoluments. Includ1￿ employer's penslon contributions and employe￿5 NICI pald In respect of key management personnel were £111,52112024: £102.6061. A close famlly member of one of the Trustee5 Is employed by the charity. Total emoluments, Includlng employer's pension contribLrtions and employer's NIC, pald to thls employee was £3,735 {2024: £NilJ. There are no fitrther related party transactl(trns lo d15d05e12024: None). 32