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Company limited by guarantee

Company Registration Number:
09060425 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

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Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

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Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

We inspire and equip individuals, families and churches across the country to play their part to ensure that every child experiences the stability, care and sense of belonging they deserve. Through our resources, content and training packages, we practically equip individuals and families as they explore fostering, adoption or supported lodgings for teenagers. We mobilise churches and communities to welcome, understand and support families who love and raise care-experienced children.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Luke Bacon
Simon Blake
Jeremy Cooper
Laura Eades
Fatima Wesson
Rachel Westcott


The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Olivia Amartey


The directors shown below have held office during the period of
1 April 2023 to 30 August 2023

Matthew Gregora
Dominic Llewellyn


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 August 2024

And signed on behalf of the board by:
Name: Simon Blake
Status: Director

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Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 1,540,461 1,187,781
Cost of sales: ( 2,002,745 ) ( 1,928,590 )
Gross profit(or loss): (462,284) (740,809)
Operating profit(or loss): (462,284) (740,809)
Profit(or loss) before tax: (462,284) (740,809)
Profit(or loss) for the financial year: (462,284) (740,809)

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Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 13,631 10,126
Total fixed assets: 13,631 10,126
Current assets
Debtors: 4 328,704 249,122
Cash at bank and in hand: 1,736,529 2,187,559
Investments:   0 0
Total current assets: 2,065,233 2,436,681
Creditors: amounts falling due within one year: 5 ( 218,336 ) ( 123,995 )
Net current assets (liabilities): 1,846,897 2,312,686
Total assets less current liabilities: 1,860,528 2,322,812
Total net assets (liabilities): 1,860,528 2,322,812
Members' funds
Profit and loss account: 1,860,528 2,322,812
Total members' funds: 1,860,528 2,322,812

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: Simon Blake
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    33.3% straight line for computer and office equipment costing over £500.

    Intangible fixed assets amortisation policy

    Website - 25% straight line

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 39 42

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Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 48,427 48,427
Additions 9,130 9,130
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2024 57,557 57,557
Depreciation
At 1 April 2023 38,301 38,301
Charge for year 5,625 5,625
On disposals
Other adjustments
At 31 March 2024 43,926 43,926
Net book value
At 31 March 2024 13,631 13,631
At 31 March 2023 10,126 10,126

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 118,894 48,297
Prepayments and accrued income 207,030 190,465
Other debtors 2,780 10,360
Total 328,704 249,122
Debtors due after more than one year: 0 0

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Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 49,024 40,219
Taxation and social security 21,531 25,314
Accruals and deferred income 62,136 49,200
Other creditors 85,645 9,262
Total 218,336 123,995

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Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Financial Commitments

The charity contributes to a defined contribution auto enrolment pension plan for its employees. The assets of the plans are held separately from those of the charity in independently administered funds. The pension cost charge represents contributions payable by the charity to these plans and amounted to £59,416 during the year (2023: £63,285)