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REGISTERED COMPANY NUMBER: 03758772 (England and Wales)
REGISTERED CHARITY NUMBER: 1075862









Financial Statements
for the Year Ended
31 March 2024

for

Street Teams

Street Teams






Contents of the Financial Statements
for the Year Ended 31 March 2024




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 18

Street Teams (Registered number: 03758772)

Report of the Trustees
for the Year Ended 31 March 2024


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 2024. 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 2024

ACHIEVEMENT AND PERFORMANCE
Over the past 12 months Street Teams has provided one to one support to 394 children, young people and families affected by, or vulnerable to exploitation. This includes support to 103 children and young people affected by child sexual exploitation, 77 children and young people affected by criminal exploitation, 65 children and young people needing support for early intervention, 25 vulnerable young people transitioning from children's services to adults services/no services requiring support aged 18-25 who are affected by exploitation and supported 58 families, with 66 siblings within the families.
Street Teams have also provided education sessions to 8,741 school children and trained 1,230 professionals, parents and volunteers to help them recognise the signs of exploitation.


Review 2023/24
As the financial year of 2023-2024 draws to a close, it is always good to reflect on the previous year, the ups, the downs and everything else in between.
It is fair to say that the last year has not been without its challenges for the third sector organisations and to every single community member and service user that we support. I think its also ok to say that austerity measures are having a massive impact on exploitation and the grooming process, and this can also be reflected within income streams and available funding also for charities.
The world of exploitation is complex and sometimes it is easy to say, why are we doing this work? What difference are we making? Is it all worth it? The one thing I am assured of is our direct work, support and awareness raising of grooming, is certainly having an on the ground impact and you can see that the data and results speak for themselves.
Once again, I need to give full credit to the passionate and dedicated team we have created at Street Teams, that their tireless pursuit for justice and to make children and young people safe, never, ever wavers.
It is easy in this field to always see the depravity within the world and the sick nature of exploitation and its long-term effects on children and families, but the team strive on with as much determination as ever before. We really are fortunate and humbled to have the staff team that we do. Without them, things could look a lot worse.
Exploitation is not linear, and groomers will ever change their methods to seek out their victims, this is also something that we are at the forefront of recognising due to our on the ground insight. Sextortion, Bank account fraud, money laundering has become something we have rapidly had to respond to this year and sadly, due to economy issues, will continue to increase.
We pride ourselves at being at the forefront of preventing exploitation and supporting our cases that have been abused in this way, and we must be clear, this is abuse. It also allows us to realise that exploitation will continue to change as more vulnerabilities grow and opportunities in life decrease.
Looking forward, we know we still have a lot of work to do but are confident that every child and family that is referred to us, will have the best chance of recovery because of our tenacious team.
Funding priorities are changing, finances are being squeezed, requirements of funders alter, but we remain steadfast in our response and will continue to push on, no matter what the charity world throws at us. Changes may need to be made to counter act the previous, but these will be made with integrity, experience, realism, but most of all heart for the children of Walsall.




Helen Matthews

C E O

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.


Street Teams (Registered number: 03758772)

Report of the Trustees
for the Year Ended 31 March 2024

FINANCIAL REVIEW
Financial position
Total income for the year was £573,771 which is a decrease from the previous year (2023: £699,642) and total expenditure was £521,471 which is an increase from the previous year (2023: £501,523), resulting in a surplus of £52,300 (2023: £198,119).

The financial results have been significantly affected this year by the reduced level of income from the Walsall Care contract. In addition the current economic climate is having a negative impact on costs.

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 2024 were £602,464. Of this £121,827 was restricted, and £2,667 was the carrying value of unrestricted fixed assets. So the reserves available to Street Teams at the year end were £477,970, 92% 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. Going forward, reserves may be used to fund employee costs. 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
03758772 (England and Wales)

Registered Charity number
1075862

Registered office
1 Butts Street
Walsall
West Midlands
WS4 2BJ

Street Teams (Registered number: 03758772)

Report of the Trustees
for the Year Ended 31 March 2024

Trustees
Mr S M Kirk
Mr C Crosdale
Mrs R V Drummond Campbell
Mr G Stonyer
Rev C Lane
Mrs J Mills

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 6 September 2024 and signed on its behalf by:





Mr S M Kirk - Trustee

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 2024.

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

9 September 2024

Street Teams

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 113,646 244,457 358,103 399,458

Charitable activities 4
Safeguarding services 211,165 - 211,165 299,621

Investment income 3 4,503 - 4,503 563
Total 329,314 244,457 573,771 699,642

EXPENDITURE ON
Raising funds 5 9,207 - 9,207 9,954

Charitable activities 6
Safeguarding services 281,156 231,108 512,264 491,569
Total 290,363 231,108 521,471 501,523

NET INCOME 38,951 13,349 52,300 198,119


RECONCILIATION OF FUNDS
Total funds brought forward 441,686 108,478 550,164 352,045

TOTAL FUNDS CARRIED FORWARD 480,637 121,827 602,464 550,164

Street Teams (Registered number: 03758772)

Balance Sheet
31 March 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 12 2,667 - 2,667 3,658

CURRENT ASSETS
Debtors 13 6,594 - 6,594 6,497
Cash at bank and in hand 485,136 121,827 606,963 553,568
491,730 121,827 613,557 560,065

CREDITORS
Amounts falling due within one year 14 (13,760 ) - (13,760 ) (13,559 )

NET CURRENT ASSETS 477,970 121,827 599,797 546,506

TOTAL ASSETS LESS CURRENT LIABILITIES 480,637 121,827 602,464 550,164

NET ASSETS 480,637 121,827 602,464 550,164
FUNDS 15
Unrestricted funds 480,637 441,686
Restricted funds 121,827 108,478
TOTAL FUNDS 602,464 550,164

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 6 September 2024 and were signed on its behalf by:





Mr S M Kirk - Trustee

Street Teams

Cash Flow Statement
for the Year Ended 31 March 2024

2024 2023
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 48,892 291,644
Net cash provided by operating activities 48,892 291,644

Cash flows from investing activities
Purchase of tangible fixed assets - (3,011 )
Interest received 4,503 561
Net cash provided by/(used in) investing activities 4,503 (2,450 )

Change in cash and cash equivalents in
the reporting period

53,395

289,194
Cash and cash equivalents at the
beginning of the reporting period

553,568

264,374
Cash and cash equivalents at the end of
the reporting period

606,963

553,568

Street Teams

Notes to the Cash Flow Statement
for the Year Ended 31 March 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024 2023
£    £   
Net income for the reporting period (as per the Statement of
Financial Activities)

52,300

198,119
Adjustments for:
Depreciation charges 889 1,216
Loss on disposal of fixed assets 101 -
Interest received (4,503 ) (561 )
(Increase)/decrease in debtors (96 ) 95,595
Increase/(decrease) in creditors 201 (2,725 )
Net cash provided by operations 48,892 291,644


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£    £    £   
Net cash
Cash at bank and in hand 553,568 53,395 606,963
553,568 53,395 606,963
Total 553,568 53,395 606,963

Street Teams

Notes to the Financial Statements
for the Year Ended 31 March 2024

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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
2024 2023
£    £   
The Eveson Charitable Trust 10,000 -
Children in Need 33,275 40,430
The Grantham Yorke Trust 5,000 5,000
GJW Turner 1,000 3,000
The Grimmitt Trust 15,000 7,500
Lloyds TSB Foundation - 25,000
Robert McAlpine Foundation 10,000 10,000
Leathersellers 20,000 20,000
Henry Smith Charity 29,500 28,900
Carried forward 123,775 139,830

Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. DONATIONS AND LEGACIES - continued
2024 2023
£    £   
Brought forward 123,775 139,830
Trusthouse 30,000 30,000
Garfield Weston 15,000 15,000
Michael Marsh Charitable Trust - 2,000
Kelly Family Charitable Trust - 5,000
Masonic Charitable Trust 5,000 5,000
Edward Cadbury - 6,000
Charles Plater Trust 25,000 25,000
Asda Counselling - 1,485
National Lottery 96,682 94,799
Rowlands Trust - 2,394
Tudor Trust 30,000 30,000
Others 32,646 42,950
358,103 399,458

3. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 4,503 563

4. INCOME FROM CHARITABLE ACTIVITIES
2024 2023
Activity £    £   
Charitable Activities Safeguarding services 211,165 299,621

5. RAISING FUNDS

Raising donations and legacies
2024 2023
£    £   
Fundraising and consultancy 9,207 9,954

6. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 7) Totals
£    £    £   
Safeguarding services 342,753 169,511 512,264


Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. SUPPORT COSTS
Governance
Management Finance costs Totals
£    £    £    £   
Safeguarding services 164,919 92 4,500 169,511

Support costs, included in the above, are as follows:

Management
2024 2023
Safeguarding Total
services activities
£    £   
Wages 78,001 75,983
Social security 7,040 7,049
Pensions 1,965 1,895
Rent and rates 18,085 16,585
Insurance 4,660 3,831
Telephone 4,119 3,556
Postage and stationery 2,216 3,592
Advertising 1,708 1,146
Sundries 2,266 3,740
Services and utilities 7,068 5,137
Computer maintenance 13,489 18,256
Motor and travel expenses 12,024 9,561
Bookkeeping services 12,278 9,023
164,919 159,354
Governance costs
2024 2023
Safeguarding Total
services activities
£    £   
Independent examination fees 4,500 4,290

8. NET INCOME/(EXPENDITURE)

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

2024 2023
£    £   
Depreciation - owned assets 889 1,216
Deficit on disposal of fixed assets 101 -
Independent examiner's fees 4,500 4,290

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.



Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

10. STAFF COSTS
2024 2023
£    £   
Wages and salaries 378,182 348,257
Social security costs 29,047 28,226
Other pension costs 8,366 7,496
415,595 383,979

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

2024 2023
Employees 16 14

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

Key management personnel received remuneration totalling £42,350 (2023: £43,200).

The total amount recognized as an expense for defined contribution pension schemes was £8,366 (2023: £7,496).

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 105,609 293,849 399,458

Charitable activities
Safeguarding services 299,621 - 299,621

Investment income 563 - 563
Total 405,793 293,849 699,642

EXPENDITURE ON
Raising funds 9,054 900 9,954

Charitable activities
Safeguarding services 249,456 242,113 491,569
Total 258,510 243,013 501,523

NET INCOME 147,283 50,836 198,119


RECONCILIATION OF FUNDS
Total funds brought forward 294,403 57,642 352,045

TOTAL FUNDS CARRIED FORWARD 441,686 108,478 550,164


Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

12. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 30,457 8,168 38,625
Disposals (2,353 ) - (2,353 )
At 31 March 2024 28,104 8,168 36,272
DEPRECIATION
At 1 April 2023 29,851 5,116 34,967
Charge for year 126 763 889
Eliminated on disposal (2,251 ) - (2,251 )
At 31 March 2024 27,726 5,879 33,605
NET BOOK VALUE
At 31 March 2024 378 2,289 2,667
At 31 March 2023 606 3,052 3,658

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,550 3,549
Prepayments and accrued income 3,044 2,948
6,594 6,497

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 7,912 7,956
Other creditors 1,648 1,403
Accrued expenses 4,200 4,200
13,760 13,559


Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

15. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 441,686 38,951 480,637

Restricted funds
Children In Need 20,745 3,704 24,449
Henry Smith 4,271 149 4,420
Garfield Weston 4,130 5,587 9,717
Historic Lloyds 3,125 - 3,125
National Lottery 23,928 9,553 33,481
Kelly Family Charitable Trust 5,000 (5,000 ) -
Co-op & Asda 1,560 (470 ) 1,090
Grantham Yorke 4,038 129 4,167
Michael Marsh 2,000 (2,000 ) -
Trusthouse 28,531 (4,518 ) 24,013
Asda Counselling 1,485 - 1,485
Charles Plater Trust 9,438 (3,558 ) 5,880
Victims Fund 227 (227 ) -
Linder Foundation - 10,000 10,000
108,478 13,349 121,827
TOTAL FUNDS 550,164 52,300 602,464

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 329,314 (290,363 ) 38,951

Restricted funds
Children In Need 33,275 (29,571 ) 3,704
Henry Smith 29,500 (29,351 ) 149
Garfield Weston 15,000 (9,413 ) 5,587
National Lottery 96,682 (87,129 ) 9,553
Kelly Family Charitable Trust - (5,000 ) (5,000 )
Co-op & Asda - (470 ) (470 )
Grantham Yorke 5,000 (4,871 ) 129
Michael Marsh - (2,000 ) (2,000 )
Trusthouse 30,000 (34,518 ) (4,518 )
Charles Plater Trust 25,000 (28,558 ) (3,558 )
Victims Fund - (227 ) (227 )
Linder Foundation 10,000 - 10,000
244,457 (231,108 ) 13,349
TOTAL FUNDS 573,771 (521,471 ) 52,300


Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

15. MOVEMENT IN FUNDS - continued

Comparatives for 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
57,642 50,836 108,478
TOTAL FUNDS 352,045 198,119 550,164

Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

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 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 ) -
293,849 (243,013 ) 50,836
TOTAL FUNDS 699,642 (501,523 ) 198,119

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 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 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.

Charles Plater fund represents funding towards our Family Partnerships Project.

M Marsh fund represents funding towards our Family Partnerships Project.

Victims Fund represents funding towards a part-time support worker.

Street Teams

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

15. MOVEMENT IN FUNDS - continued


Linder Foundation Fund represents funding towards work with young people transitioning from childrens services to adults services/no services requiring support who are affected by exploitation.

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.