Wyke Community & Children's Centre Ltd - Charities report

REGISTERED COMPANY NUMBER: 06484333 (England and Wales)

REGISTERED CHARITY NUMBER: 1155591

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

WYKE COMMUNITY & CHILDREN'S CENTRE LTD

(A COMPANY LIMITED BY GUARANTEE)

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

8

Independent Examiner's Report

9

Statement of Financial Activities

10

Balance Sheet

11

to

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

15

to

19

TRUSTEES

A P Hinchcliffe

Mrs S Farkas

Miss A J Richardson (appointed 4.11.24)

Miss H L Buckley (appointed 20.3.25)

REGISTERED OFFICE

Huddersfield Road

Wyke

Bradford

BD12 8AA

REGISTERED COMPANY
NUMBER

06484333 (England and Wales)

REGISTERED CHARITY
NUMBER

1155591

INDEPENDENT EXAMINER

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

BANKERS

Barclays Bank

Bradford Market Street

Leicester

Leicestershire

LE87 2BB

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Objects of the charity are to enhance the development and education of children particularly but not exclusively, below statutory school age and to advance educations, relieve poverty, sickness and distress and provide leisure time facilities in the interests of social welfare for families in Wyke, Bradford and the surrounding area.

To further or benefit of the elderly residents of Wyke, Bradford and the neighbourhood without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation, leisure time occupation with the objective of improving the conditions of life for the residents.

Meeting our aims and activities

Our Centre offers a broad range of activities tailored to meet community needs, focusing on Early Education and childcare for children aged from birth to five years, in addition to a wrap-around provision, 'Fun-Care', for children aged five to 12, primarily for working parents. As of March 2024, our Early Education Provision is registered for 71 full-time places, currently serving 120 children, reflecting our vital role in the community.

Services and support to the elderly residents of Wyke remain a high priority for the organisation, but due to major funding cuts over recent years resulting in us not been able to offer any services to the elderly during the 2024/2025 period.

Despite these challenges, we remain dedicated to expanding our activities for the elderly resident's during 2025/2026 as future funding becomes available.

We are pleased to report that our free community events continue to attract hundreds of participants each year. These annual celebrations have helped to foster connections and relationships. Our Easter festivities, Play Day, Halloween, Bonfire Night, and Christmas events draw attendees from both our community and beyond. We remain committed to providing these enriching experiences that allow all to enjoy and celebrate together.

Since the dissolution of children's centre services in previous years, we have endeavoured to sustain essential services, establishing ourselves as a vital community hub. Our centre hosts community midwives who provide daily clinic appointments for local families, offering this space and resources to the NHS free of charge, thereby reinforcing our commitment to health and wellbeing

We also facilitate a safe environment for children's social care to conduct supervised and unsupervised contact sessions, supporting the needs of vulnerable families.

Looking ahead, should we secure additional space for the centre, we aim to expand our offerings to include baby groups and youth provision. This expansion would enhance support for families and foster a nurturing community environment.

We continue to maintain the high standards reflected by our Ofsted Outstanding rating and have established rigorous monitoring and evaluation to ensure we consistently deliver high quality services.

Our Centre stands out for its dedicated staff, who tirelessly support children in achieving their full potential. We gather insights from parents to tailor learning experiences, ensuring each child receives necessary support. Our ambitious curriculum and planned learning experiences foster both academic and social development.

Partnerships with parents are strong, characterised by consistent discussions on children's progress. Our innovative learning library provides resources for home use, reinforcing cohesive learning efforts, with a focus on developing social skills, emotional growth, and communication through enriching activities.

Safeguarding is a paramount concern for us. Our robust safeguarding measures ensure a safe and secure environment conducive to learning. We are dedicated to upholding rigorous standards in safeguarding practices, providing regular training for staff, and fostering a culture of vigilance within our centre.

Public benefit

We offer high quality nursery education through the free entitlement for all 2,3 and 4 year olds who meet a set government criterion enhancing their educational attainment.

To children the provision of high quality childcare and education delivered in purpose build and well resourced settings enables children from disadvantaged areas to enjoy and achieve to their potential in regard to their physical social and intellectual development.

To families the provision of affordable and locally accessible day and sessional care enables parents and families to improve their economic well-being; parents are enabled to return to employment and/or training which contributes to lessening the impact of low income and unemployment on the health and well-being of families. All families are supported to access entitlements to Working and Childcare Tax Creditors towards the cost of childcare fees and any entitlements attached to returning to work or education. Families receive support with parenting routines behaviour and safeguarding.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity is constantly developing its practice to meet the needs of children, parents and elderly in the local community.

Key performance indicators for the year were:

- To maintain or improve on the previous Ofstead judgement

- To maximise the number of service users in all aspects of the centres core provision

- To ensure 90% good or better feedback for service provision and delivery by service users

All staff work effectively to support children in meeting the seven areas of learning and the characteristics of effective practice in the Early Years Foundation Stage Framework.

Staff have individual development plans which consists of management targets as well as peer observation targets. These plans are evaluated on a regular basis.

We work closely with the local authority on the Quality Improvement Prioritisation and Support tool. We have implemented a focussed action plan which consists of Ofstead actions which we are working hard to achieve through our daily practice.

Children show good progress on the nursery cohort average point progress system. Children's progress is monitored termly and individual children action plans are implemented where children may be showing a risk of delay.

The occupancy of available places are stable and feedback rates the provision and its delivery at 95% good or better.

All staff receive refresher training in safeguarding children.

Demography Overview

Wyke Community and Children's Centre serves a demographic where approximately two-thirds of our children reside within the village of Wyke, with the remainder coming from neighbouring communities such as Low Moor, Oakenshaw and Scholes.

Our analysis reveals that nearly a third of the children attending the Centre reside in the 10% most deprived areas in England, as evidenced by the IDACI measure.

Further analysis through the IMD (Index of Multiple Deprivation) indicates that nearly two-thirds of our children live in the 30% most deprived areas in England. These factors underscore the pressing challenges faced by families in our locality, including issues related to crime, limited educational backgrounds, low income and poor health.

In terms of cultural composition, approximately 90% of children attending the Centre belong to White British heritage. About 50% of our children receive Early Years 'Disadvantage' funding, a critical resource that serves to propel their education.

Furthermore, over a third of children accessing our services have identified Special Educational Needs (SEN), with the oldest cohort displaying a higher incidence of SEN at 38%.

The correlation between disadvantage and SEN is particularly evident, with 43% of children receiving the 'Disadvantage' funding also being on the SEN register.

FINANCIAL REVIEW

Reserves policy

Trustees established a reserves policy to support the financial stability and long-term sustainability of Wyke Community and Children's Centre. The desired level of unrestricted reserves is set at an amount equivalent to three months of operating costs.

This reserve acts as a contingency fund to safeguard the organisation against unforeseen reductions in income or unexpected increases in expenditure. It also provides essential cash flow support, particularly for grants and contracts that are reimbursed in arrears.

Trustees have designated reserves where there are planned commitments that cannot be met by anticipated future income alone. These reserves are broken down into a number of funds that relate to:

- The organisation's responsibilities as an employer to hold sufficient funds to provide proper notice and redundancy costs in the event of closure

- The organisation's responsibilities as a leaseholder with full-repairing responsibilities. It is the Board's intention to build a capital improvement fund over the next few years to meet future repair and refurbishment commitments.

Within the accounts, the amounts of reserves are specified in the following table:

Unrestricted Funds
Represented By:

Desired
reserves

Balance
31 March
2025

Description of funds

General purpose reserve fund

£165,382

£100,769

Funds to provide cash flow and meet unforeseen
expenses. Based on approximately three months
of annual turnover.

Salaries reserve

£78,945

£34,650

Two months salaries and employers NI and
pension contributions

Redundancy reserve

£44,551

£19,500

Redundancy liabilities (and required notice
period) based on statutory minimum payments
for all staff.

Premises reserve

£25,000

£10,950

To fulfil lease obligations ahead of anticipated
"market rate value" rent

Premises reserve capital
improvements

£24,000

£10,500

Funds to maintain, repair and improve premises
held on a full-repairing lease

Asset replacement

£4,500

£1,950

Provision to replace IT, furniture and operation
assets as required

Total

£342,378.

£178,319

CHALLENGES AHEAD

One of the significant challenges for 2025/2026 will be the renegotiation and securing of our lease, as our existing agreement is due to conclude in January 2026. Our organisation has been located on this site since 2000, benefiting from a very low rent agreement that has been instrumental in allowing us to allocate resources effectively towards our core aims and objectives.

This arrangement has been pivotal in reflecting both the level of local need and the not-for-profit, charitable basis of our organisation.

As we begin this negotiation, it is essential that we not only maintain our current operations but also continue to adapt and grow in response to the community's evolving needs.

To ensure our survival and the provision of high-quality services, we require the local authority to recognise the essential nature of our services and our role within the community.

Our organisation serves as a vital lifeline for many families, offering support, resources, and a sense of stability in challenging times. It is our firm belief that continued support from the local authority is crucial for our sustainability and our ability to fulfil our mission effectively.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Governance at Wyke Community and Children's Centre is structured as a registered charity and a company limited by guarantee, overseen by a Memorandum and Articles of Association.

Our trustees are recruited through personal recommendations and regular local advertisement. In recent years uptake has proven difficult, so targeted recruitment is planned to widen the size and expertise of the board.

In line with our Articles of Association, two trustees are also active centre users and have children that access our provision.

Trustees regularly engage in Board meetings, steering the charity's affairs and ensuring effective risk management policies are in place.

Day-to-day management of the organisation's core services are devolved to the Centre Manger, Joanne Hayhurst who is supported by two part-time deputy managers. This structure ensures compliance with regulatory requirements from Ofsted.

Recruitment and appointment of new trustees

The charity generally recruits new trustees through personal contact and recommendation from existing trustees. An advert is placed on the website and nursery newsletter to encourage any new parent trustees to apply.

All trustees are routinely supplied with updates and information with regard to their role and are checked for suitability, including DBS check. All trustees have equal voting right. The charity is organised so that the trustees meet regularly to manage its affairs.

Risk management

The trustees established a reserves policy to support the financial stability and long-term sustainability of Wyke Community and Children's Centre. The desired level of unrestricted reserves is set at an amount equivalent to three months of operating costs.

This reserve acts as a contingency fund to safeguard the organisation against unforeseen reductions in income or unexpected increases in expenditure. It also provides essential cash flow support, particularly for grants and contracts that are reimbursed in arrears.

The trustees have designated reserves where there are planned commitments that cannot be met by anticipated future income alone. These reserves are broken down into a number of funds that relate to:

- The organisation's responsibilities as an employer to hold sufficient funds to provide proper notice and redundancy costs in the event of closure

- The organisation's responsibilities as a leaseholder with full-repairing responsibilities. It is the Board's intention to build a capital improvement fund over the next few years to meet future repair and refurbishment commitments.

Conclusion

In summary, Wyke Community and Children's Centre exemplifies a commitment to excellence, striving to meet the needs of children and families in our community. We take pride in our achievements during the 2024/2025 financial year and remain dedicated to fostering an inclusive, supportive, and enriching environment for all.

Approved by order of the board of trustees on 15 September 2025 and signed on its behalf by:

A P Hinchcliffe - Trustee

Independent examiner's report to the trustees of Wyke Community & Children's Centre Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

A J Syddall M.A., F.C.A.

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

17 September 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Trading activities

2

677,160

548,357

Investment income

3

1,079

424

Total

678,239

548,781

EXPENDITURE ON

Raising funds

4

33,640

21,049

Charitable activities

5

Charitable activities

535,177

463,115

Other

420

-

Total

569,237

484,164

NET INCOME

109,002

64,617

RECONCILIATION OF FUNDS

Total funds brought forward

69,317

4,700

TOTAL FUNDS CARRIED FORWARD

178,319

69,317

2025

2024

Unrestricted

Total

fund

funds

Notes

£

CURRENT ASSETS

Debtors

10

1,506

4,431

Cash at bank

186,170

73,900

187,676

78,331

CREDITORS

Amounts falling due within one year

11

(9,357

)

(9,014

)

NET CURRENT ASSETS

178,319

69,317

TOTAL ASSETS LESS CURRENT
LIABILITIES

178,319

69,317

NET ASSETS

178,319

69,317

FUNDS

12

Unrestricted funds

178,319

69,317

TOTAL FUNDS

178,319

69,317

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 15 September 2025 and were signed on its behalf by:

A P Hinchcliffe - Trustee

Cash flows from operating activities

Cash generated from operations

1

111,191

68,776

Net cash provided by operating activities

111,191

68,776

Cash flows from investing activities

2023 funds

-

4,700

Interest received

1,079

424

Net cash provided by investing activities

1,079

5,124

Change in cash and cash equivalents in
the reporting period

112,270

73,900

Cash and cash equivalents at the
beginning of the reporting period

73,900

-

Cash and cash equivalents at the end of
the reporting period

186,170

73,900

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

Net income for the reporting period (as per the Statement of Financial
Activities)

109,002

64,617

Adjustments for:

Interest received

(1,079

)

(424

)

Decrease/(increase) in debtors

2,925

(4,431

)

Increase in creditors

343

9,014

Net cash provided by operations

111,191

68,776

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

Net cash

Cash at bank

73,900

112,270

186,170

73,900

112,270

186,170

Total

73,900

112,270

186,170

1.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

INCOME

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

TAXATION

The charity is exempt from corporation tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	TRADING ACTIVITIES

2025

2024

£

Fees received

677,160

548,357

3.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

1,079

424

4.	RAISING FUNDS

OTHER TRADING ACTIVITIES

2025

2024

£

Purchases

33,640

21,049

5.	CHARITABLE ACTIVITIES COSTS

Direct

Costs

£

Charitable activities

535,177

6.	SUPPORT COSTS

Governance

costs

£

Other resources expended

420

7.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Independent examination fee

420

360

8.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

9.	STAFF COSTS

2025

2024

£

Wages and salaries

458,213

368,127

Other pension costs

8,355

8,340

466,568

376,467

The average monthly number of employees during the year was as follows:

2025

2024

Office and administration

4

3

Nursery staff

33

22

37

25

No employees received emoluments in excess of £60,000.

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,506

4,431

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Social security and other taxes

6,357

7,814

Accruals and deferred income

3,000

1,200

9,357

9,014

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

Unrestricted funds

General fund

69,317

109,002

178,319

TOTAL FUNDS

69,317

109,002

178,319

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

678,239

(569,237

)

109,002

TOTAL FUNDS

678,239

(569,237

)

109,002

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

Unrestricted funds

General fund

4,700

64,617

69,317

TOTAL FUNDS

4,700

64,617

69,317

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

548,781

(484,164

)

64,617

TOTAL FUNDS

548,781

(484,164

)

64,617

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.4.23

in funds

31.3.25

£

Unrestricted funds

General fund

4,700

173,619

178,319

TOTAL FUNDS

4,700

173,619

178,319

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

1,227,020

(1,053,401

)

173,619

TOTAL FUNDS

1,227,020

(1,053,401

)

173,619

13.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.