REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Financial Statements |
for the Year Ended |
31 March 2023 |
for |
Street Teams |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Financial Statements |
for the Year Ended |
31 March 2023 |
for |
Street Teams |
Street Teams |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 |
Cash Flow Statement | 8 |
Notes to the Cash Flow Statement | 9 |
Notes to the Financial Statements | 10 | to | 19 |
Street Teams (Registered number: 03758772) |
Report of the Trustees |
for the Year Ended 31 March 2023 |
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 2023. 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 |
a) | To provide education and assistance to children and young people at risk of, or affected by, sexual exploitation and to relieve the distress caused thereby in Walsall and the surrounding area and in such other parts of the United Kingdom as the directors of the Charity may from time to time think fit. |
b) | To relieve persons who are in conditions of need or hardship or who are aged or sick, including by the provision of residential accommodation for the relief of such persons, and to relieve the distress caused thereby. |
c) | To advance education by such means as the trustees may consider appropriate. |
d) | To provide facilities for recreation or other leisure time occupation in the interest of social welfare for persons who have need of such facilities by reason of their age, infirmity or disablement, poverty or social and economic circumstances with the object of improving the conditions of life for such persons. |
e) | To relieve unemployment for the public benefit, including by means of providing training and the development of workplace skills, among persons seeking employment but who are unable to obtain work by reason of of (i) their lack of opportunities or (ii) their youth, age, infirmity or disablement, poverty or social and economic circumstances with the object of improving the conditions of life for such persons. |
f) | To promote the rehabilitation of persons affected by drugs, alcohol or other substance addiction or abuse. |
g) | To relieve persons who are experiencing mental or emotional suffering and to relieve the distress associated therewith, including by means of providing advice, counsel, assistance and support to such. |
h) | To promote and fulfill such other charitable purposes beneficial to the community. |
Public benefit |
The trustees confirm that they have paid due regard to the guidance given by the Charity Commission on public benefit. |
Street Teams (Registered number: 03758772) |
Report of the Trustees |
for the Year Ended 31 March 2023 |
ACHIEVEMENT AND PERFORMANCE |
Over the past 12 months Street Teams has provided one to one support to 272 children, young people and families affected by, or vulnerable to exploitation. This includes support to 76 children and young people affected by child sexual exploitation, 71 children and young people affected by criminal exploitation, 13 children and young people needing support for early intervention, 26 vulnerable young people transitioning from children's services to adult services/no services requiring support aged 18-25 who are affected by exploitation, 5 service users accessing help for historic CSE and supported 40 families, with 41 siblings within the family. |
Street Teams have also provided education sessions to 8,555 school children and trained 622 professionals, parents, and volunteers to help them to recognise the signs of exploitation. |
Review 2022/23 |
Firstly, where has this year gone?! |
They say when you lose all track of time, you are either having fun or are too busy to notice. To be honest, both of those statements can apply to our team here at Street Teams. |
The world of exploitation is incredibly fast paced and changing daily, and it is our job to grow and meet the needs of the communities we work with, which we have definitely done this year. |
This past 12 months has seen the growth and development of all our projects and the creation of a new Exploitation Strategy for Street Teams that will underpin all what we do and our vision for our future work. |
I cannot express and put into words how fortunate we are to have a team like we do. Data, figures, numbers, graphs only show you a certain part of what they achieve daily, but data doesn't show you the heart of who they are and what they do. Each and every one of our team are dedicated, committed and never faulter to go the extra mile that is needed when working with complex cases of abuse, trauma and exploitation. |
This field of work is incredibly hard and it takes a special kind of person to understand the voice of the victims and act on their behalf when systems around them fail them. Building trust and safe relationships take time and we are very proud that we have no time constraints when working with our service users. We aimed to be a different kind of service and that is why I am so proud of who we are. There is not a day goes by when I don't hear of the team challenging professionals on their response, challenging the wider workforce on their victim blaming language or biases, challenging protocols and systems that can set children and young people up to fail and not one single day where our team have not gone above and beyond to secure the safety of their clients. |
The world out there is tough, the streets are tough, the safety of our team is paramount and there isn't a week goes by where we haven't encountered more serious youth violence within our borough. They say that "kids" are "hard to reach" or "difficult to engage" but with passion and dedication like our teams, we very rarely encounter this. |
As competition for funding is at its highest, we continue to forge forward with our vision and ethos, that no child stands alone. We trust that our service which is a beacon for so many will continue to grow and flourish to meet the needs of the communities we serve. |
Our dedication to preventing exploitation has seen us self-fund a full-time education worker this year and develop our CARE programme in partnership with the Local Authority. In the wise words of Desmond Tutu ""There comes a point where we need to stop just pulling people out of the river. We need to go upstream and find out why they're falling in." |
As demand for our services increase, so of course do our financial outlays. Testing times may be ahead, but that will not stop us offering the best service we can for the children and young people of Walsall and Dudley. |
I started off by saying how incredibly proud I am of our team, but I would like to close with how much pride we all feel for the incredibly brave, courageous and fearless young people and families we have been so privileged to meet this year. Your resilience and determination in all adversities astounds us all. |
Helen Matthews |
C E O |
Street Teams (Registered number: 03758772) |
Report of the Trustees |
for the Year Ended 31 March 2023 |
Recognition, Appreciation, In Kind and Volunteers |
The trustees are indebted to the various funding organisations, statutory bodies and various supporters as listed in the appendices for the many ways they make this essential work a possibility. Without their vision many lives would be faced with a different and more difficult future. |
FINANCIAL REVIEW |
Financial position |
Total income for the year was £699,642 which is an increase from the previous year (2022: £466,347) and total expenditure was £501,523 which is also an increase from the previous year (2022: £422,527), resulting in a surplus of £198,119 (2022: £43,820). |
The financial results have been significantly affected this year by the income from the Walsall Care contract for £253,395. |
The risks that the charity sector is facing are becoming increasingly challenging and are changing in nature and severity as the external environment evolves. The principal risks and uncertainties facing the charity include: |
Insufficient income and reserves for the charity moving forward to achieve its strategic objectives and maintain its operations. |
We manage these risks by engaging in regular discussions with our senior management and board of directors to enable us to monitor the significant risks and to allow us to make informed decisions and take timely action. We continue to make the most of opportunities and develop them with the confidence of any risks being managed. This allows us to think forward and continue to plan strategically to our aims are achieved more successfully. |
The factors most likely to affect future financial performance are the continuation of funding and the level of demand for services, which will have an impact on costs. |
Reserves policy |
During the year, the Trustees have reviewed their reserves policy as follows: |
Reserves are maintained at a level which ensures that at least 3-6 months of the organization's core activity could continue during a period of unforeseen difficulty. |
Total funds at 31 March 2023 were £550,164. Of this £108,478 was restricted, and £3,657 was the carrying value of unrestricted fixed assets. So the reserves available to Street Teams at the year end were £438,029, 87% of current total expenditure. Reserves would be used to cover any unforeseen financial difficulties that might otherwise impact adversely on the organization's charitable activities. The level of reserves is acceptable to the trustees. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
New trustees are recruited through informal advertising and are voted for at the AGM. An induction programme for policies and procedures is given upon appointment to the position of trustee. Further training is given as and when required. |
Organizational structure |
The charity operates though a board of trustees, who meet regularly to make major decisions. Responsibility for day-to-day operations is delegated to a Chief Executive Officer. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.The trustees confirm that major risks have been reviewed and procedures have been established to mitigate those risks. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Street Teams (Registered number: 03758772) |
Report of the Trustees |
for the Year Ended 31 March 2023 |
Registered office |
Trustees |
Independent Examiner |
Mark Howell FCA |
Nicklin Accountancy Services Limited |
Church Court |
Stourbridge Road |
Halesowen |
West Midlands |
B63 3TT |
Chief Executive Officer |
Helen Matthews |
. |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Street Teams |
Independent examiner's report to the trustees of Street Teams ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. |
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. |
Mark Howell FCA |
Nicklin Accountancy Services Limited |
Church Court |
Stourbridge Road |
Halesowen |
West Midlands |
B63 3TT |
23 November 2023 |
Street Teams |
Statement of Financial Activities |
(Incorporating an Income and Expenditure Account) |
for the Year Ended 31 March 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Charitable activities | 4 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Raising funds | 5 |
Charitable activities | 6 |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 352,045 |
Street Teams (Registered number: 03758772) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 12 |
CURRENT ASSETS |
Debtors | 13 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 14 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 15 |
Unrestricted funds | 294,403 |
Restricted funds | 57,642 |
TOTAL FUNDS | 352,045 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 |
Street Teams |
Cash Flow Statement |
for the Year Ended 31 March 2023 |
2023 | 2022 |
Notes | £ | £ |
Cash flows from operating activities |
Cash generated from operations | 1 | 291,647 | (21,114 | ) |
Net cash provided by/(used in) operating activities | 291,647 | (21,114 | ) |
Cash flows from investing activities |
Purchase of tangible fixed assets | (3,012 | ) | - |
Interest received | 561 | 13 |
Net cash (used in)/provided by investing activities | (2,451 | ) | 13 |
Change in cash and cash equivalents in the reporting period |
289,196 |
(21,101 |
) |
Cash and cash equivalents at the beginning of the reporting period |
264,372 |
285,473 |
Cash and cash equivalents at the end of the reporting period |
553,568 |
264,372 |
Street Teams |
Notes to the Cash Flow Statement |
for the Year Ended 31 March 2023 |
1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
2023 | 2022 |
£ | £ |
Net income for the reporting period (as per the Statement of Financial Activities) |
198,119 |
43,820 |
Adjustments for: |
Depreciation charges | 1,216 | 620 |
Interest received | (561 | ) | (13 | ) |
Decrease/(increase) in debtors | 95,598 | (76,611 | ) |
(Decrease)/increase in creditors | (2,725 | ) | 11,070 |
Net cash provided by/(used in) operations | 291,647 | (21,114 | ) |
2. | ANALYSIS OF CHANGES IN NET FUNDS |
At 1.4.22 | Cash flow | At 31.3.23 |
£ | £ | £ |
Net cash |
Cash at bank and in hand | 264,372 | 289,196 | 553,568 |
264,372 | 289,196 | 553,568 |
Total | 264,372 | 289,196 | 553,568 |
Street Teams |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
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. |
Grants have been received as compensation for costs already incurred or for immediate financial support, with no future related costs, these have been recognised as income in the period it was received. |
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. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
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. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
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. | DONATIONS AND LEGACIES |
2023 | 2022 |
£ | £ |
The Eveson Charitable Trust | - | 10,000 |
Children in Need | 40,430 | 36,667 |
The Grantham Yorke Trust | 5,000 | 5,000 |
Asda - Co-op | - | 1,606 |
GJW Turner | 3,000 | - |
The Grimmitt Trust | 7,500 | - |
Lloyds TSB Foundation | 25,000 | 25,000 |
Robert McAlpine Foundation | 10,000 | 10,000 |
Leathersellers | 20,000 | - |
Henry Smith Charity | 28,900 | - |
Carried forward | 139,830 | 88,273 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
2. | DONATIONS AND LEGACIES - continued |
2023 | 2022 |
£ | £ |
Brought forward | 139,830 | 88,273 |
Trusthouse | 30,000 | 20,000 |
Garfield Weston | 15,000 | - |
Michael Marsh Charitable Trust | 2,000 | 2,000 |
Souter Charitable Trust | - | 3,000 |
Walsall Healthcare NHS Trust | - | 12,000 |
Kelly Family Charitable Trust | 5,000 | - |
Masonic Charitable Trust | 5,000 | - |
Edward Cadbury | 6,000 | - |
Charles Plater Trust | 25,000 | - |
Criminal Exploitation Worker | - | 33,610 |
Walsall College | - | 3,562 |
Asda Counselling | 1,485 | - |
National Lottery | 94,799 | 92,950 |
Rowlands Trust | 2,394 | - |
Tudor Trust | 30,000 | 50,000 |
Others | 42,952 | 30,088 |
3. | INVESTMENT INCOME |
2023 | 2022 |
£ | £ |
Deposit account interest |
4. | INCOME FROM CHARITABLE ACTIVITIES |
2023 | 2022 |
Activity | £ | £ |
Charitable Activities | Safeguarding services | 46,226 | 46,476 |
Grants | Safeguarding services | 253,395 | 84,375 |
Grants received, included in the above, are as follows: |
2023 | 2022 |
£ | £ |
Job retention Scheme | - | 4,375 |
NHS BC & W Birmingham | - | 40,000 |
- | 44,375 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
5. | RAISING FUNDS |
Raising donations and legacies |
2023 | 2022 |
£ | £ |
Fundraising and consultancy | 9,954 | 15,194 |
6. | CHARITABLE ACTIVITIES COSTS |
Support |
Direct | costs (see |
Costs | note 7) | Totals |
£ | £ | £ |
Safeguarding services | 327,829 | 163,740 | 491,569 |
7. | SUPPORT COSTS |
Governance |
Management | Finance | costs | Totals |
£ | £ | £ | £ |
Safeguarding services | 159,354 | 96 | 4,290 | 163,740 |
Support costs, included in the above, are as follows: |
Management |
2023 | 2022 |
Safeguarding | Total |
services | activities |
£ | £ |
Wages | 75,983 | 65,401 |
Social security | 7,049 | 5,490 |
Pensions | 1,895 | 1,587 |
Rent and rates | 16,585 | 14,365 |
Insurance | 3,831 | 3,583 |
Telephone | 3,556 | 3,503 |
Postage and stationery | 3,592 | 1,885 |
Advertising | 1,146 | 354 |
Sundries | 3,740 | 1,899 |
Services and utilities | 5,137 | 2,403 |
Computer maintenance | 18,256 | 12,969 |
Motor and travel expenses | 9,561 | 4,480 |
Bookkeeping services | 9,023 | 10,663 |
159,354 | 128,582 |
Governance costs |
2023 | 2022 |
Safeguarding | Total |
services | activities |
£ | £ |
Independent examination fees | 4,290 | 4,320 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
8. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2023 | 2022 |
£ | £ |
Depreciation - owned assets |
Independent examiner's fees | 4,290 | 4,320 |
9. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. |
10. | STAFF COSTS |
2023 | 2022 |
£ | £ |
Wages and salaries |
Social security costs |
Other pension costs |
383,979 | 342,219 |
The average monthly number of employees during the year was as follows: |
2023 | 2022 |
Employees |
Key management personnel received remuneration totalling £43,000 (2022: £42,000). |
The total amount recognized as an expense for defined contribution pension schemes was £7,496 (2022: £6,298). |
11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Investment income |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 255,561 | 52,664 |
TOTAL FUNDS CARRIED FORWARD | 294,402 | 57,643 | 352,045 |
12. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 April 2022 |
Additions |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
Prepayments and accrued income |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Social security and other taxes |
Other creditors |
Accrued expenses |
15. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.4.22 | in funds | 31.3.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 294,403 | 147,283 | 441,686 |
Restricted funds |
Lloyds TSB Foundation | 3,103 | (3,103 | ) | - |
Children In Need | 7,146 | 13,599 | 20,745 |
Henry Smith | - | 4,271 | 4,271 |
Garfield Weston | - | 4,130 | 4,130 |
Souter Charitable Trust | 1,931 | (1,931 | ) | - |
Historic Lloyds | 3,125 | - | 3,125 |
National Lottery | 8,810 | 15,118 | 23,928 |
Children in Need - Criminal Exploitation worker |
9,588 |
(9,588 |
) |
- |
Kelly Family Charitable Trust | - | 5,000 | 5,000 |
Co-op & Asda | 1,606 | (46 | ) | 1,560 |
Grantham Yorke | 2,333 | 1,705 | 4,038 |
Michael Marsh | - | 2,000 | 2,000 |
Trusthouse | 20,000 | 8,531 | 28,531 |
Asda Counselling | - | 1,485 | 1,485 |
Charles Plater Trust | - | 9,438 | 9,438 |
Victims Fund | - | 227 | 227 |
50,836 |
TOTAL FUNDS | 198,119 | 550,164 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
15. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 405,793 | (258,510 | ) | 147,283 |
Restricted funds |
Lloyds TSB Foundation | 25,000 | (28,103 | ) | (3,103 | ) |
Children In Need | 40,430 | (26,831 | ) | 13,599 |
Henry Smith | 28,900 | (24,629 | ) | 4,271 |
Garfield Weston | 15,000 | (10,870 | ) | 4,130 |
Souter Charitable Trust | - | (1,931 | ) | (1,931 | ) |
National Lottery | 94,799 | (79,681 | ) | 15,118 |
Children in Need - Criminal Exploitation worker |
- |
(9,588 |
) |
(9,588 |
) |
Kelly Family Charitable Trust | 5,000 | - | 5,000 |
Co-op & Asda | - | (46 | ) | (46 | ) |
Grantham Yorke | 5,000 | (3,295 | ) | 1,705 |
Michael Marsh | 2,000 | - | 2,000 |
Trusthouse | 30,000 | (21,469 | ) | 8,531 |
Asda Counselling | 1,485 | - | 1,485 |
Charles Plater Trust | 25,000 | (15,562 | ) | 9,438 |
Tudor Wellbeing | 2,000 | (2,000 | ) | - |
Victims Fund | 16,841 | (16,614 | ) | 227 |
Rowlands Trust | 2,394 | (2,394 | ) | - |
( |
) | 50,836 |
TOTAL FUNDS | ( |
) | 198,119 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
15. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net |
movement | At |
At 1.4.21 | in funds | 31.3.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 255,561 | 38,842 | 294,403 |
Restricted funds |
Lloyds TSB Foundation | 3,249 | (146 | ) | 3,103 |
Children In Need | 4,542 | 2,604 | 7,146 |
George Henry Collins | 1,000 | (1,000 | ) | - |
Souter Charitable Trust | 3,000 | (1,069 | ) | 1,931 |
The Anchor Foundation | 4,000 | (4,000 | ) | - |
Pilgrim Trust | 2,662 | (2,662 | ) | - |
Esmee Fairbairn | 2,616 | (2,616 | ) | - |
Historic Lloyds | 3,951 | (826 | ) | 3,125 |
National Lottery | 7,325 | 1,485 | 8,810 |
C B & H H Taylor | 1,000 | (1,000 | ) | - |
Children in Need - Criminal Exploitation worker |
16,643 |
(7,055 |
) |
9,588 |
G J W Turner | 2,000 | (2,000 | ) | - |
Kelly Family Charitable Trust | 676 | (676 | ) | - |
Co-op & Asda | - | 1,606 | 1,606 |
Grantham Yorke | - | 2,333 | 2,333 |
Trusthouse | - | 20,000 | 20,000 |
52,664 | 4,978 | 57,642 |
TOTAL FUNDS | 308,225 | 43,820 | 352,045 |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
15. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 245,513 | (206,671 | ) | 38,842 |
Restricted funds |
Lloyds TSB Foundation | 25,000 | (25,146 | ) | (146 | ) |
Children In Need | 36,667 | (34,063 | ) | 2,604 |
George Henry Collins | 1,000 | (2,000 | ) | (1,000 | ) |
Souter Charitable Trust | 3,000 | (4,069 | ) | (1,069 | ) |
The Anchor Foundation | - | (4,000 | ) | (4,000 | ) |
Pilgrim Trust | - | (2,662 | ) | (2,662 | ) |
Esmee Fairbairn | - | (2,616 | ) | (2,616 | ) |
Historic Lloyds | - | (826 | ) | (826 | ) |
National Lottery | 92,950 | (91,465 | ) | 1,485 |
C B & H H Taylor | - | (1,000 | ) | (1,000 | ) |
Children in Need - Criminal Exploitation worker |
33,611 |
(40,666 |
) |
(7,055 |
) |
G J W Turner | - | (2,000 | ) | (2,000 | ) |
Kelly Family Charitable Trust | - | (676 | ) | (676 | ) |
Co-op & Asda | 1,606 | - | 1,606 |
Grantham Yorke | 5,000 | (2,667 | ) | 2,333 |
Michael Marsh | 2,000 | (2,000 | ) | - |
Trusthouse | 20,000 | - | 20,000 |
220,834 | (215,856 | ) | 4,978 |
TOTAL FUNDS | 466,347 | (422,527 | ) | 43,820 |
The purposes of the restricted funds are as follows. |
The Children in Need fund represents funding towards the salary and project costs of the Boys Project. |
The Souter fund represents funding towards the Parent & Sibling project. |
The Historic Lloyds represents an underspend on previous Lloyds' funding which has been authorised to be used to support historic cases. |
The National Lottery fund represents funding towards our Community Futures Project. |
The Children In Need Criminal Exploitation Worker fund represents funding towards a new Criminal Exploitation Worker and a Family Support Worker. |
The Kelly Family Fund represents funding towards our Family & Sibling Project. |
The Co-op & Asda fund represents a donation towards food items and day trips for service users. |
The Grantham Yorke fund represents funding towards the Family Partnerships Project. |
The Trusthouse Charitable Foundation represents funding towards the Family Partnerships Project. |
The Henry Smith fund represents continuation funding towards the Keep Safe Prevention (Protected Futures) programme. |
The Garfield Weston fund represents core funding towards the Targeted Early Intervention project. |
Asda Counselling fund represents funding towards counselling services for children and young people. |
Street Teams |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
15. | MOVEMENT IN FUNDS - continued |
Charles Plater fund represents funding towards our Family Partnerships Project. |
M Marsh fund represents funding towards our Family Partnerships Project. |
Rowlands fund represents funding towards our Metaverse Education Workshops. |
Tudor Wellbeing fund represents funding towards the wellbeing of staff and volunteers. |
Victims Fund represents funding towards a part-time support worker. |
16. | RELATED PARTY DISCLOSURES |