REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
FRIENDS AND PLACES TOGETHER |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
FRIENDS AND PLACES TOGETHER |
FRIENDS AND PLACES TOGETHER |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 | to | 8 |
Notes to the Financial Statements | 9 | to | 14 |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 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 30 June 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 |
The aim of the charity is: |
To relieve need because of disability and ill health among young disabled people and their families and or carers by: |
a) providing friendship groups to support and enable young disabled people to maximise social inclusion opportunities. |
b) raising public awareness of the issues affecting young people, their families and carers. |
c) providing workshops, forums, advocacy and general support for young disabled people, their families and carers. |
d) providing out of school/holidays facilities and opportunities for young disabled people, their families and carers. |
Significant activities |
During the year the charity offered the following actions to meet its activities: |
a) providing personal assistance services to young adults to assist them to gain independent skills, confidence, assertive skills. |
b) training and pre-employment experiences for several service users. |
c) offering several short holiday breaks for service users. |
d) offering community building and inclusion. |
Public benefit |
The Trustees have referred to the guidance in the Charities Commission's general guidance on Public Benefit when |
reviewing our aims and objectives and in planning our future activities. |
The Trustees always consider how planned activities will contribute to the aims and objectives they have set for the |
charity. |
In consideration of the significant activities stated the Trustees are satisfied the Charity meets all requirements for the |
provision of providing a Public Benefit. |
Grantmaking |
The charity does not make grants to other persons or organisations. |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 2023 |
ACHIEVEMENT AND PERFORMANCE |
Charitable / fundraising activities |
a) We are now operating back to full capacity and have regained all our previous clients pre covid. |
b) We have new referrals from social services and from Essex County Council as well as Southend Local Authority. |
b) Clients are using their direct payment hours to pay for our services. |
c) We have reviewed our hourly rate on all group activities and have reduced it from £15.61 to £8.00 per hour to make services more affordable to clients who do not receive direct payments. |
d) Clients are using one to one hours even if they are meeting up with their friends during daytime activities this was agreed by social services during covid to enable us to financially mange the services and core costs. |
e) Our core model has been clear that we only offer friendship to small groups, and we provide a limited number of gatherings. |
f) We have been successful in small bids totalling £18,250 which has helped cover some of the costs for work carried out by the coordinator. We have some bids agreed for activities to reduce cost to the clients. This has come about due to the cost-of-living crisis. |
g) We have managed to increase the pay to our staff and we have maintained a healthy reserves to meet future challenges. |
h) The CEO has managed to negotiate several rental agreements of the head office to cover some of its running costs through sub-letting and hiring. We rented out office space to another group for £240 a month and a drop in service rented the unit on Tuesday mornings for £180 a month. |
i) We have been successful in increasing our direct payments through small friendship groups for the last year. We now have 54 small friendship groups of people that meet throughout the week. |
j) We have successfully provided 3 community fundraising events which had generated £1,708. |
k) We have updated all our support plans and back up information for all our clients as well as keeping our processes and procedures that govern us and keeps the service within set boundaries. |
l) We are looking at developing services for the over 25 years age group and have started to research unmet needs in other areas, |
m) We have set up regular monthly groups in the evenings and weekends which has been successful and sustainable. We have now 10 groups that meet at the weekend over the month. |
n) We have recruited a business administrator in April 2023 which has helped with the growth and expansion of the service. This has taken off some of the administration so that more referrals can be assessed and processed. |
o) We are expanding our social media presence and marketing our services to potential customers. |
p) We have brought in new referrals due to our work in schools and colleges and raising awareness. |
FINANCIAL REVIEW |
Reserves policy |
The charity aims to hold cash reserves of £25,000 within the bank account in order to cover expenses required in a period of wind down or reduced funding. The charity is pleased to report it currently meets this target and continues to monitor the level of reserve funds required. |
Funds in deficit |
No funds were in deficit during the year or at the year end. |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 2023 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
The charity sources trustees with the skills required to fill skills gaps in the charity from advertisements with local voluntary services associations and by current trustees approaching suitable persons. The charity is currently recruiting new trustees. |
Organisational structure |
Chief Executive Officer - Denise Nygate |
Coordinator - Michelle Thompson |
The officers above manage and coordinate the day to day operation of the staff and volunteers of the charity to |
perform the activities of the charity. |
Induction and training of new trustees |
The charity has in place an induction and training programme for new trustees to ensure they gain an understanding of the board's activities, responsibilities and undertakings while ensuring their compliance to prevailing rules and |
regulations. |
Related parties |
The charity maintains a register of business interests of which any possible related party transactions are bought to the attention of the trustees at a meeting and adequate procedures followed. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Stephen Pearce ACA FCCA |
Segrave & Partners LLP |
Chartered Accountants |
Turnpike House |
1208/1210 London Road |
Leigh on Sea |
Essex |
SS9 2UA |
Approved by order of the board of trustees on |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 2023 |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
FRIENDS AND PLACES TOGETHER |
Independent examiner's report to the trustees of FRIENDS AND PLACES TOGETHER ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 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 |
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. |
Stephen Pearce ACA FCCA |
Segrave & Partners LLP |
Chartered Accountants |
Turnpike House |
1208/1210 London Road |
Leigh on Sea |
Essex |
SS9 2UA |
2 November 2023 |
FRIENDS AND PLACES TOGETHER |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 30 JUNE 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Other trading activities | 2 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 82,374 |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
BALANCE SHEET |
30 JUNE 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 82,374 |
TOTAL FUNDS | 82,374 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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. |
FRIENDS AND PLACES TOGETHER (REGISTERED NUMBER: 08554307) |
BALANCE SHEET - continued |
30 JUNE 2023 |
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 |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 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. |
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. |
Improvements to property | - |
Fixtures and fittings | - |
Computer equipment | - |
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. |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
2. | OTHER TRADING ACTIVITIES |
2023 | 2022 |
£ | £ |
Fundraising events |
3. | INVESTMENT INCOME |
2023 | 2022 |
£ | £ |
Deposit account interest |
4. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2023 | 2022 |
£ | £ |
Depreciation - owned assets |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022. |
6. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
2023 | 2022 |
Direct delivery staff |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Other trading activities |
Investment income |
Total |
EXPENDITURE ON |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
Charitable activities |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 35,057 | - |
TOTAL FUNDS CARRIED FORWARD | 82,374 | - | 82,374 |
8. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 July 2022 and 30 June 2023 |
DEPRECIATION |
At 1 July 2022 |
Charge for year |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 82,374 | 993 | 83,367 |
TOTAL FUNDS | 993 | 83,367 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 147,440 | (146,447 | ) | 993 |
TOTAL FUNDS | ( |
) | 993 |
Comparatives for movement in funds |
Net |
movement | At |
At 1.7.21 | in funds | 30.6.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 35,057 | 47,317 | 82,374 |
TOTAL FUNDS | 35,057 | 47,317 | 82,374 |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
11. | 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 | 136,862 | (89,545 | ) | 47,317 |
Restricted funds |
Natonal Lottery | 26,225 | (26,225 | ) | - |
TOTAL FUNDS | 163,087 | (115,770 | ) | 47,317 |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.7.21 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 35,057 | 48,310 | 83,367 |
TOTAL FUNDS | 35,057 | 48,310 | 83,367 |
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 | 284,302 | (235,992 | ) | 48,310 |
Restricted funds |
Natonal Lottery | 26,225 | (26,225 | ) | - |
TOTAL FUNDS | 310,527 | (262,217 | ) | 48,310 |
FRIENDS AND PLACES TOGETHER |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
12. | RELATED PARTY DISCLOSURES |