Hi, my understanding of this is that the role of assessing & profiling is to evidence your knowledge of an individual Child in order to provide reources, services, help & support where considered necessary.
Another way to look at it is that it may also be used to see how a child's development fits with what's already being provided - enabling a setting to improve/adapt provision to fit/meet the child's needs.
Refferals would be in line with developmental 'norms - where a child has yet to reach milestones or fluency you may consider refferal or looking for professional advice - which in turn would be in line with your setting's own refferal contacts/procedure.
Hth xx
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