UNDER FIVES PROJECT
The Under 5's Project is a Nature lead nursery in an urban area, we support families with children from ages 8 months to 5 years. We are passionate advocates for equality for all, and offer extra support to families and children with special educational, medical needs and disabilities. Our aim is to provide an exceptional early years experience that is assessable to all.
Objects
TO PROTECT AND PRESERVE THE PHYSICAL AND MENTAL HEALTH OF CHILDREN AND THEIR PARENTS IN THE LONDON BOROUGH OF GREENWICH BY THE PROVISION OF A CRECHE FOR CHILDREN UNDER FIVE WHO ARE IN NEED AND THERBY RELIEVING THE STRESS OF THEIR PARENTS WHO ARE SIMILARLY IN NEED BY VIRTUE OF THEIR SOCIAL OR ECONOMIC CIRCUMSTANCES.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £81,488 for the year ended 31 March 2025, with total unrestricted funds increasing to £85,507. Per the trustees' report, this level of reserves is below the stated policy target of approximately £80,000, a shortfall attributed to investment in a new site and current funding challenges. The trustees consider the going concern basis appropriate, citing sufficient budgeted income and expenditure to continue operations for the next 12 months.
What the accounts disclose
“London Borough of Greenwich 748,873” — page 16
“The current level of reserves is below the Trustee’s policy, but due to the current climate, and the second site opening we have unfortunately not been able to build the reserves back up” — page 5
“During the year, one of the trustee’ received £1,068 (2024: none) for services included within direct costs.” — page 16
“During the year the charity was invoiced £53,720 (2024: £50,258) for agency staff services from Pots of Fun Mobile Creche Limited, a company owned by S Carr. No amounts were outstanding as at 31 March 2025.” — page 18
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- JENNY THOMPSONchair
- EDEL REDMOND
- HELEN CARR
- Sarah Carr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £863k | £782k |
| 31/03/2024 | £649k | £603k |
| 31/03/2023 | £440k | £495k |
| 31/03/2022 | £227k | £240k |
| 31/03/2021 | £216k | £198k |
Common questions
Is UNDER FIVES PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £81,488 for the year ended 31 March 2025, with total unrestricted funds increasing to £85,507. Per the trustees' report, this level of reserves is below the stated policy target of approximately £80,000, a shortfall attributed to investment in a new site and current funding challenges. The trustees consider the going concern basis appropriate, citing sufficient budgeted income and expenditure to continue operations for the next 12 months. Its FY2025 accounts were independently examined.