HERSDEN UNDER FIVES PROJECT
Care and Education for children age 2.5 to 5 years.
Objects
TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN UNDER THE AGE OF FIVE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £20,546 to £12,660, resulting in a net outgoing resource of £7,887 for the year. The trustees note that these reserves cover only one month of expenditure, which is below the standard of 3 to 6 months. The charity reported an increase in expenditure of 9% compared to the previous year.
What the accounts disclose
“We had unrestricted funds at 31 March 2025 of £12,660, which would cover | months expenditure. The standard for charities would be 3 to 6 months of expenditure as reserves.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management 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
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ANDREW KITE
- Briony Weatherall
- Elizabeth O'Donoghue
- Kristine Likaj
- Laura Cooper
- Leah Williams-Benoit
- Rachel Collins
- Sharonjit Bhangu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £108k | £116k |
| 31/03/2024 | £108k | £107k |
| 31/03/2023 | £115k | £108k |
| 31/03/2022 | £86k | £109k |
| 31/03/2021 | £99k | £91k |
Common questions
Is HERSDEN UNDER FIVES PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £20,546 to £12,660, resulting in a net outgoing resource of £7,887 for the year. The trustees note that these reserves cover only one month of expenditure, which is below the standard of 3 to 6 months. The charity reported an increase in expenditure of 9% compared to the previous year. Its FY2025 accounts were independently examined.