REGISTERED COMPANY NUMBER: 02626968 ffjnglAnd and Wales} REGISTERED CHARITY NUMBER: 1003S40 Rert of the Trustee5 Ind Unaudlted Statement5 for the Yemr Ended 31$t March 2024 for Cornerhouse (Yorkshire) omuan ' Limited by. Guarantee
Cornerhouse orkshire) Contents of the Flnanelal Statememts for the vear ended 31st Mar¢h 2024 Page Report of the Trustees Independent Examiner's Report io Statement of Fitianclal Activities Balan¢e Sheet 12 to 13 C#sh Flow, Statement 14 Notes to the Cash Flow StAtemenl 15 Notes to the Financial Statements 16 to 24 Detalled Statement of Flnan¢ial Activities 25 26
Crfbrnerhouse orkshlre ort of tho Trustees for the vear ended 31st MAreh 2024 The twstees who are also dir¢ctors of the charity for the puryxises of the Companies Act 2006, present their ieport with the finncial statements nf the chaTity for the year end¢d 31st March 2024. Th¢ trustees havc adoptd the provisions of Accounting and Rep)rting by Chariiies: Statement of Recommendcd Practice applicable to charities Prewdri their accounts in aordanCe with the Finan¢ial Reporting Slandard applicable in the UK and Republic of ]reland IFRS 102) (effective I January 2019). Page I
Cornerhouse Iyorksblre e ort of th¢ Trustees for the ear ended 31st March 2024 OBJECTIVES AND ACTIVITIES Objeclives and alms Thc services delivered by Comerhouse have been developed to med the Deeds of the young people of Hull. The staff regular seek feedback from young people and professionals tbrough joint action planning. evaluation foTms, and feedback from other services. Intcrvcntions can then be developed to mect the needs idelfiCd by yOUDg people. InforntiOn frorn external consultations" e.g. Healthy Lrfestylcs. JSNA, and thTou¥h attendance of a number of stralegi¢ meetings; l.e., Health & Wellbcing Board & Better TogethcT other inforn)ation is utilised to cllsure the organi5ation is d¢liver&ng what is needed. The company's object5 principal activities aTC: - To work with oTganis&lions in the health and social care sector. local government, voluntsry Icomrnunity sector and individuals in line with national and l(Kal sexual hcalth slratgies, public health and other relevant 51raÉegics to rdise aWarCn3s of health risks and inLiease acc¢ss to sexual health scrvices to prevent sexually transmitted infcclions and unplanllLMJ ¢on¢¢ption. - To focus on sexual health and wellbeing. particularly largetiDg young men and women and other vulnerable or marginalised groups to ensure they undcritsnd the risks of unprotected Sex and to promote thc bcnefjts of using condom5 to avoid the risk of sexually transmitted infections andlor unplanned pregnancics. - To PTovidc infonnation. support and servi¢¢s to enable people to makc infornied choice5, and take appropriate action, to improve their sexual health and wellbeing, and dUCe the stigma associated with sexually transmitted infections and Htv. How our activities deliver public benefit OUT main athivities who w¢ try to support are described below. All our tivitieS continued to focus wn providing Information, siipport and services to st1CC users on issues of wellbeing and sexual health and are widertaken 10 fiuth¢r our charitable purposes for the public benefit whilst considering the guidance contain¢d in the Charity Commission's general guidance on public benefit. Who used and benefitted from our services. The main beneficiaries of th¢ services outlined below are young people aged 10-19 years old. The intervenlions range from one•to-one support to group work in schools. One to ones may also thke place in the community using a Irauma infornied approacb lo enable young people to begin to fonn trnsted relationships and to discuss issues affecting them. Ov¢r the year the servic¢s have complet¢d over 5000 conlacts with young people and have supported them into other services when required. Adivities The seLViC¢S provided by Comethouse aTe below.. - Reach Out is a str¢et-based service aimed at providing interventions. activiti¢s and support to young people who may not acce mainstream provisio It delivers shift5 twice a day. 5 days week in arcas where young people m¢et. Jt PTovid¢s confidential infoullation, advice and support to young pcople who may bc vulnerable. especially young people that are reported missing. The project rcyponds to intelligencc ptovi4Je4J through a common tasking framework. This enables us lo target gcographical areas within thc city. - Flipsid¢ - This project us&$ a trduma infollncd approach that delivers a range of intervention5 to children and young people who may bc at Iisk of entering the criminal justice systCllL. The project woA(s with young Ople betwccn the ages of 11-19. his project deliv¢rs a rangc of interventions and sUpprt lo young people aged betWCCD 11-19 who aic at risk of cntering the criminal justice systcm. The service provides one to one support to young pei4)Ic who have been identified as demonstrdting coercive and controlling behaviours and inappropriatc scxual behaviours. The PTQj¢Ct also d¢livers one to one support around emotional control work as well as latIonShIp WO who are identified as SEND. Th¢ project abo targets yoiing people al risk of both sexual and crimi1 oxploitation. Cornerhouse continues to deliver a Young Peopl¢'s Peer mentoring projecl that trains up young people to provide ¢motional health support lo their peers within some schools in Hull. Page 2
CornerhoU%orkshAre ort of the Trnstees for the year ended 31st March 2024_ SleTrOut group - This group is aim¢d at young peopl¢ identifying as LGBT+, it provides a safe space where they can meet Othe on a weekly basis. Thc worker also provides one-tO-OllC SUPPOrt to young p¢iJple in schools aud thc commuwty. Relationship and Sex Education: The organisalion delivers RSE and healthy relationship ¢thi¢ation to groups of young people in schools and youth venues. - Professionals Training: the QTganisation provid¢s training lo other profelon815 including exploitation awareness, Trauma inforn]ed COUTS¢S. how to deliver RSE sessions, and the Rainbow Flag award. Page 3
Corn¢rhouse orkshire) Re ort of the Tru for the vear ended 31st March 2024 ACHIEVEMENT AND PERFORMANCE Charitable acdvities The main areas of chatitable activity are the provision of outreach work" peer mentorin& Flipsidtr, supporting young people who identify as LGBTQ+, dejivery of RSE and healthy relationship WOTk. and support for young people at risk of exploitation. Annual Highlights Flipside - As slated in the preNryou5 yeavs report, we were su¢¢¢ssful in receiving funding from NHSE to deliver a project lo prevent young pg)pl¢ from entering the Oimit justice system. All staff are trained in delivering interventions using a trauma infonned approach. This enables them lo build a trusted relationship with young people and ¢0 develop action plans that are reviewed throughout the intervention. A number of young people the project works have trauma as a result of being exploited. This has meant a number of intetventions where the staff have discussed with them about healthy relationships, how to stay safe and hove supported young people in accessing sexual health services. As part of the organisations annual return to the NHSE we have to include an equality impact assessment. This breaks doNvn the number of people we engage with by gender, age, postC(Kle, sexuality and eilmicity. The results 5how¢d that there was an increase in the number of yowlg women ref¢rr¢d into the projecl which talli&J with the Youth Justice dats. Som¢ of the reasons for this was th¢ number of them that had been referred for potential grooming and exploitstion. In terms of post¢odes, we are still fmding that the majority of young people live in ar&gs of high deprivation which backs up the research canied out on the impact of povety el¢. on young people's lives. The interventions toke place in a ran8¢ of different areas e.g. schools, colleges, at home and in th¢ wmmunity. The project attends Diversion and prevention meetings, chaired by Youth Justice S¢Thryce, OD a weekly basis and as a result takes r¢f¢Thls dir¢ctly from this process. We are able to monilor how nwly young people bem¢ first tin)e eThtr8iils after we have worked with them. Out of 60 young people taken &$ referrals only 6 had entered tbe syst, Some of th¢ sueSseS of working with th¢ young wple have included improv¢d attendance at h0O1. less cases of going missing. change of friendship groups and improved ¢motional health R¢houl - This project continues to deliver vital sfftvices to young people choose lo m¢et friends in parks and on street corners. Th¢ main aims of ihe project ar¢ to engage with young people and to provide & adult who they can access for siipport. Th¢ project has worked with a number of young people who are potentially on the edge of being exploited and have provided Rnlervenlions to enable them to change their own pathways. During ihe winter months ih¢y teamed up with a local fo(Kl provider and were able to supply snacks to young people who were hungryy and whose families were stThggling with the cost of living. Over the past year, the projeet has worked with over 3500 contscls. This has included ensuring that young people are safe when they are r¢ported missing, activities such as rounders and fooiball, tie dye s¢ssions and engaging with them aboui their lives and healthy relationships &s w¢ll as providing a sexual health setvice. Young People's P¢¢r Mentoring Project - This piece of work is still contiThuing in on¢ school. The wot*er annually trains young people to become Pe¢r Mentor8 and are able ¢0 sUPIK)rt others within the school who need emotional health support. Over the last year the worker trained 15 young people who then svpported 50 of Ih¢ir peers. Step Oul - 8 weekly group that supports young LGBT+ aged 11-16. This group continues to meet weekly and is a closed group. Th¢ young people tske part in actAvilies as well as an opportunity to meel and make new friendsllips. It provides a range of intcrventions including one to one support as well as opportunities to lake part in acliviti¢s including art, NNTiting and Hull PRIDE. During the School holidays the group takes part in a range of acllvtties which help to encourage fti¢ndships as well as having a safe space to b¢ themselves. These additional activities included ic¢ skating, a day at the beach. wh¢re for some of the group it was the first time, they felt able to swim with their peers. There was also a Halloween prom which enabled youn8 people who identify as LGBT+ to attend an evening wh¢r¢ they could be themselves and dress how they wanted lo. Th¢ project also offers on¢ to one sw)port to young people who identify as LGBT(y within schools. Page 4
Cornerhouse orkshire Re ort of tbe Trustees for the vear ended 31st March 2024 Training staff deliver a range of training within schools and colleges. This ranges from healthy relationship session4 including Consent, sexual health, exploitation aT)d other issucs lo young people in a variety of settings. Thc organisation is a150 Part of the Framework of Trainers to cascad¢ Trauma inforni¢d training across thc ICB area. In addition to this we provide CPD trailling ts) teachers and oiher sthff within Schools which cover topics around Sexual health. healihy relationships, CSEICCE and the Rainbow Flag award. The team have delivered woknhops at two conferences which were both attended by over 200 peoplc. Finaneial positioll Thc cxecutiV¢ management COD]mittee complies with the ChaTity's Commission Charity finan¢¢s'. Tnle¢S Essentials (cc25} guidance.Financial position Corn¢rhouse accounls show a healthy balance of r¢s¢Tves however due to cuts in funding in prvious y¢8rs we aTe now needing to draw on these lo ¢oveT som¢ core costs and to pilot new projects. At the beginning of th¢ financial year, il was anticipat¢d that we would n¢ed to need io use £72,000 fron) ihe reserve5 d¢signated for futur¢ project delivery, after deducting additional income from training delivered this was reduced to £36,700. Prlncipgl funding sources The majoTity of thnding for the charity's acliviti¢S have been provided by way of grant and ¢ontract income from Hull City Council & NHS Humber and Yorksbire. We d¢liv¢r the Outreach and Flipside projects in paJ1neTship with the Warren. Income from training Ovcr the year we delivered training s¢ssions that raised over £39,0(Kl in 23124 financial year. This included Rainbow Flag accTcditalion training. Humber Coast & Vale- Flipside Thc flipside pniject Trncotporaiing the Care & BYM project is funded for 3 year5 Starting Apr 22. Investment policy and objectives The ChIty'S iDveslment policy seeks to promote the best fmancial retum within an ¢¢pb]e lev¢1 of risk whilsl recognising that capitsl pr¢s¢rvalion is of the utmosl importan¢¢. The policy th¢refore requires the Charity to hold its assets in risk averse, eihical products dew)siied in reputable institutions whilst spreading the risk and allowing lh¢ cbarity to ensure rnuch as possible is protected under the Financial Services Compensation Scheme guarantee. We have benefitted from ihe increase in int¢r¢st rntes on fixed terni pn)duc¢s over the past Couple of years. kn the fingncial year 23124 the inl¢r¢si earned £12,900 (2023.. £4.150) . Page 5
Cornerhouse orkshirej Report of the tees for the L¢r ended 31st March 2024 FINANCLIL REVIEW Reserves polley The Executive Management Committee has examined the charitys requirement for reserves considering the main risks to the organisation and has estthblished a policy whereby the unrestricted fvnds not committed or invested in tangible fixed assets held by the chlty should be a minimum of four months r¢serves. The res¢ryes ar¢ needed to - Support th¢ ¢onttnuation of services provided Éo service users in times of financial uncertainty Continue to fid ¢or¢ staff and meet lh¢ working Capital rtquirem¢nts of the charity and th¢ Executive Management Committee are confident that at this level they would be able to continue the contracted activities of the charity in the event of a loss of income whilst securing new funding Unrestricted FuDds Al the end of the year, the ¢harity'S general unrestricted res¢rves stood al £523,172. Unrestricted Reserves at 3113124.. £523,172 Less Fixed assets.. £1,440 Designated Future Delivery £128,395 (Pilot projecls and overh¢ads) Leaving £393.337 as undesignated unrestricted fimds and for contract project delivery. Re51ri¢ted Fund5 The restricl¢d fimds contain an element of general reserves built up over many years by grant and service level underspends. We have been pcrnllll to keep these monies to help wilh tUre Similar projeet fimding and overhead costs. Of this there is an ¢l¢ment being used to pay back a pension deficit built up by tl)e workers that had been delivering the projects. Restricted ReserY¢s at 3113124: £300,062 Of wkn'ch DesigDated Hardy Fwid £13,488 FUTURE PLANS Th¢ Executive Committee have been meeting on a regular basis to plan for the - Rcvi¢w of the senrices Cornerbouse delivers and how the organisaiion Can delop lo meet the needs of the communities. Continue to s¢¢k new fimding stream. - Develop partnership agementS with other organisations in order to apply for future tendeT5 and grant5. - Consolida th¢ strateC role that Cornerhouse plays in the field of young people and health related issues. STRUCTURE GOVERNANCE AND MAIYACEMEiYr Governing document Th¢ organisation is a clwilable ¢ompaThy limited by guarantee, incorporated on 5th July 1991 and regisler¢d as a charity OD 25th July 1991. The company was established under a Memorandum of Association. which eslablithed the objects and powers of the charitsble company and is govemed under its Articles of Association. In the event of the company bein8 wound up members are required to contribute an amount not exceeding £1. Page 6
rnerhouse orkshire e Trustees for the year ended 31st Mareh 2024 STRUCTURE, GOVERNANCE AND MAEYAGEMENT Reerntimem¢ and appolntmenl of new truslees The directors of th¢ company are also charity trnstees for the pO$e$ of charity law and under the company's Articles are knowm as memb¢rs of the Executive Management Committee. Under ihe requirem¢nts of the Memorandum and Articles of Association the members of the Executive Management Con]mittee are ¢lted to serve for a peri of three years after which they must be re-elected at the next Annual Genernl Meeting. Du¢ io the nature of sexual health mu¢h of the charity's work inevitably focuses upon young people. Th¢ Executive Management Committee seeks to ¢nsure that the needs of this group are appropriat¢ly refle¢t¢d through the diversity of the trustee body. Th¢ charity also uses a variety of meth(Mls; for example; selective advertising through newsletters distributed to the voluntary and community sectors, and the use of netWOTks; i)oih in the private and public sectors to encowage Individuals to stand for ¢l¢ction to the Executive Management Committee. Organisational s¢ru¢thre Cornerhouse (Yorkshire} has an Executive Management Committee are responsible for the straiegic direction and policy of the charity. At present the Committee has four members from a varicty of backgrounds relevant to the work of th¢ charity. We are actively recnjiling new menthers. A scheme of delegation is in place and day to day Tesponsibility for the ptovision of th¢ services rest with the Chief Exeeutive along with the Administration Manager. The senior management team is responsible for enswing that the Chlty delivers the services specifi¢d and that key perforn)anc¢ indicalors are m¢L They have r¢sFK)nsibility for the day-to4lay operational management of the charity, individual supervision of the stsff team and also ensurlng that the team ¢ontinues to develop tl)¢ir skills and working practices in line with good PTa¢tice. Indu¢tlon and trainin% of new trustee5 Most current trustees ore already familiar with the practical work and charitable objecliv¢s of the chlty having been volun*ers or employees of CorneThouse (Yorkshire). AdditiODally> new trnstees are inviled and encouraged to attend the sexual health foundation course that volunteers must complete and pass lo familiarize themselves with tlie charity and the Context within which it operates. N¢w trnstees are given a copy of the following documents which covers.. - The obligations of Executive Management Committee memb¢rs Job descriplion of the role of an Ex¢¢utive Management Committee member and roles of elected Ol¢cr5 Chair and Treasurer -The main documenls which set out the operational framework for the charity Including the Memorandum and Articles - R¢sourcing and the ¢UTrent financial position as set out in the latest publish¢d accounts - Future plans and objcctives as s¢t out in the Business Pla Chair. Vice A checklist and pack have also been prepared drawing infomation from the various Charity Commission publicatio sIposIed through the Commission's guide "the Essential Tntslee" as a follow vp to these sessions. The Company Secrelary will ensure the Executive Managem¢nt Committee m¢mbets are made aware of any changes in their obligatiotts as tsijstees an(Vor in Charity/CompatLy law. Page 7
Cornerhouse orkshirel R¢p_ort of the T$t¢S ear ended 31st Mah 2024 for the STRucfuRE, coRNANcE AND AGEMENT Related parties In so far As it is complimentary to the Chity'S objects, the ch*ity is guided by both local and national policy. The charity IS part of the local patherships charged with responsibility for delivering a range of both local and na110n strategies and commissioning servi¢¢s at the loc level and includes representatives from amongst others, the lo¢al authoriry, health and voluntary sector ag¢nGi¢s. The repr¢sentatiOD of local organisations within this group has proved iDvaluable to the clwity ill establishing improved links within the community and identifying relevant policy dev¢lopments and prospective fimding. Th¢ Executive Management Committee has conducted a review of the major Iisks to which the Chlty is exposed. A risk register bas been ¢stablished and is ulated at l¢&st annually. Wher¢ appropriate. systems or procedures hav¢ been established lo mitigate the risks the charity faces. Significant exlernal risks lo fimding have led to the development of a strategic pla which will allow for the diversilication of thnding and activities. Internal control risks a minimis¢d by the implementation of procedures for authorisation of all financial transactions. Policies and procedure5 are in pla¢¢ to ensure compliance with health and safety of staff, volunteers, and servic¢ users" adult & child safeguarding procedures; equal opporÈwiities and other relevant policies to ensure a consistent quality of delivery for all op¢rational aspects of the charity. The organisation is registered with Data PrO1110n and Security Toolkit that superseded NHS IG Toolkit. We are also compliant with the new GDPR legislation which came inlo force in May 2018. These policies are under regular Teview to ensure that they continue to meet the needs of the Charity and any legal obligations. The executive management committee rneet the principles and outcomes of the Charity Governance Code by applying the T¢commended prdctic¢ by revlewing the sev¢n principles on a regular basis. Prlnclpal Risks Th¢ board have examined risks of the charity and identified the following &s the ptincipal risks: l. Reduced fidIng due to not securing new contracts The board have discussed the use of Unrestricted Reserves and money has been designated io allow for th¢ creation of pilot projects that will then allow us lo show Pr(f of need and hop¢fully strengthen our evid¢n¢¢ for finlding bids. 2. Protecting res¢rves from bank failures W¢ ¢onlinue lo ¢nsure our reserves are Spread over a rang¢ of financial institutions thus allowing us to access good interest rdtes and receive as much protection from the FSCS as possible. 3. TTUSt¢e Numbers At present we have the minimum number of Trust¢¢s requirf this poses a risk should we los¢ one. Therefore. we are actively recruiting new tNstees to join the board. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02626968 (England and Wales) Registered Charity number 1003540 Page 8
Corn orkshir the Trustee 1st M rch 2024 Regl$tered office 29 Percy Street Hull E4)st Yorkshire HU2 8HL Trustees D C ATrowsmith Cooper Treasurer Mrs G C Poole Dcputy chair MrsTACo P SpK)on¢r Independent Examlner Sadofskys Chartered Accountants Prlnces House Wright Street Hull East Yorkshire HU2 8HX Approved by order of the board of tntsttts OD .............. . and signcd on ils behalf by: DCAM) Page 9
Inde endeni Examlner's Re rt to the Trustees of CorD¢rhouse O'orkshire) Independent examiner's report to the trustees of Cornerhouse Iyorkshlre) ('the Company,) I report to the charity trustees on my examinatiim of the accounts of the Company for the yvar end¢d 31st March 2024. Responsibilities and b#sis of report As the charitys tfttees of the Company (and also itg directors for the Purposes of comp8ny law} you are reswnsible for the preparation of the ac¢ounts in a¢cordance with the requirements of the Companies Act 2006 ('the 2006 A¢V). Having satisfied myself Ih8t the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are ¢ligible for independent examination, I report in respecl of D]y examination of your charity's accounts &s carria out under Section 145 of the Charities Act 2011 ('Ih¢ 2011 Act). In catrying out my &xamination I have followed the Directions given by the Charity Commission und¢r Section 145{5) Ib) of the 2011 Act. Independent examlner's statement Since your charitys gross income exceeded £250,000 your examiner must be a member of a lis*d body. I can confirm that I am qualified to und¢rtake ihe examination be¢ause l am a member of the Inslityt¢ of Chartered Accountants in England and Wales. which is one of the listed bodies. I have ¢ompl¢ted my examination. I confm that no matters have come to my attention in connection with the examination givlng m¢ ¢ause to believe: accounting r¢¢ords were not k¢pt in respect of the Company as required by Section 386 of ihe 2006 A¢t' or the a¢¢ounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any r¢quArement that the accounts give a lrn¢ and fair view which ts not a matter considered as part of an indep¢nd¢nt cxaminalion,. QT the accounts have not been prepared in accordan with the methods and principles of th¢ Statement of Recommended Practice for aounting and reporting by charities (applicable to Charities prq)aTing their aOllts 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 b¢ reache Paul Drant FCA FCCA Sa(lofskys Chartered Ac¢owitants Prin¢e8 House Wrighi Slre¢t Hull East YoTkshir¢ HU2 8FLX Date.. Jd£f Pag¢ 10
Corttèrhouse orkshlre Statement of Flnancial Aetivitlts for the vear ended 31st March 21124 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Nol&g INCOME AND ENDOWMENTS FROM Donations and lega¢ies 27,298 CharltAble activities Health and well being 312,193 14J26 326519 363.322 Investmenl income Other incom¢ 12,902 5,000 12902 5,OIMI 4,532 5,O¢J) Total 330,095 14a26 344,421 400,152 EXPENDITURE ON Charltable activities Health and well being 341009 392A95 366.680 Y4ET INCOMEI(EXPEI¥DTTURE) (11,914) (36,260) {4&174) 33.472 RECONCILIATION OF FUNDS Total fimds brought forward 535,086 336,322 871,4118 837,936 TOTAL FtJNDS CARIUED FORWARD 523,172 300,062 823.234 871.408 The notes fonn part of these financial statements Pagell
Cornerhouse (Yorkshire Balance Sheet 31st March 2024 2024 Total funds 2023 Total funds UnTestticted fimds Restri¢ted funds Not¢s FIXED ASSETS Tangible assets 1,440 1,440 1.535 CURRENT ASSETS Dcbior. Cash ai bank 12 3,249 60&948 3249 909,052 11.210 940,158 300,104 612,197 31M),104 912,301 951368 CREDITORS Amounts falling due within one year 13 (90,465) (42) (90,507> (81,495) NET CURRENT ASSETS 521,732 300,1162 821,794 869,873 T(yfAL ASSEI'S LESS CURRENr I.IABJLITIES S23,172 300,062 823.234 871,408 NET ASSETS 523.172 31MI,062 823,234 871,408 14 Unrestticted futlds: G¢neral fid Future Delivery 394,777 J28J95 369.985 165.101 523,172 535,086 Rcsttictcd funds 3110,062 336,322 TOTAL FUNDS 823J34 871,408 The charitable company is entitled to exemption from audit un(kr Scclion 477 of the Compani¢s Act 2006 for the year ended 31st March 2024. members have not required the company lo obtain an audit of its financial ststements for the year ended 31st March 2024 in accordancc with Section 476 of the Companies Act 2006. Thc trustees acknowledge their responsilyilitics for (a) ensuring that the charitablc COD]pany keeps accowiting records that wmply with se10ns 386 and 387 of the Cotnpanies Act 2006 and preparing financial slatements which give a trne and fair view of tbc State of affairs of the charitable company as at the end of cach financial year and of its SUTpIus OT deficit for each financial year in accordancc with the requIrennIS of Sections 394 and 395 and which otheTWiSC comply with the requiremcnts of the CompaTJies Act 2006 relating to cial statements, so far as applicable to the chwitabl¢ company. (b) The notes forn) part of these finanrial stalem¢nts Page 12 Continued...
Cornerhouse ork5bir¢ Lbnce Sheet- continlle rch 2024 These financial statements have been prepared in ac<ordance with the provisions applicable io charitsble companies subje to the small cornpaDies regime. The financial statements were QPPToved by the Board of Tnl¢eS and authorised for issue on ................. and were sibmed on its beh If by.. DCA The notes fomi part of these fman¢ial sthtements Page 13
Cornerhouse Yorkshirej Cash Flow Ststement for the i'¢ar ended 3J5t March 2024 2024 2023 Not¢s Cash Ilows from operating actIlIeS Cash generated from operations (43,592) 122,905 Net cash (used inyprovided by operating actiVAties (43,S92) 122.905 Cash flows from investing activities Purchase of tangible fixed assets Interest e1ved (416) 12,902 (856) 4.532 Net cash provided by investing activities 12,486 3,676 Change in cash xnd eash equivalents In the reporting period Cash and cash equivalents at the beEinnln of the reporting period (31,1116) 126,581 940,158 813.577 Cash and 5h ¢qulvAlents at the end of the reportlng period 909,052 940.158 The notes fom part of these financial statements Page 14
Cornerhouse_(Yorksbtre Notes to the Cash FAOJV Statement for the vear ended 31st March 2024 RECONCILIATION OF f4ET (EXPENDITUREYINCOME TO NET CASH FLOW FROM OPEK4TING ACTIVITIES 2024 2023 Net (expenditure)lincDme for the reporting period (28 per the Statement of Financial Activitles) Adjustn)ents for: DeprlatIOn Charges Jnfrrest reee?ved Decr¢w in debtors Incr¢as¢ in creditors (48,174) 33.472 511 (12,902) 7961 9,012 590 (4,532) 41,809 51,566 Net osh (used in)Iprovided by operations (43,592) 122,905 ANALYSIS OF CHANGES ]N NLT FUNDS At 114123 Cash flow At 3113124 Net cash C&sh at and in hand 940,158 (31,106) 909,052 940,158 (31,106) 909.052 Total 940,158 (31,106) 909,052 Th¢ notes forn) part of these financial statemenls Page 15
Cornerhouse orkshire) Note5 to the Finan¢lal Statements for th¢ i'tar ended 31$t March 21124 ACCOUNTING POLICIES Basts of preparing tht flnancial statements The f]nanLial slatem¢nts of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordancc with the Charities SORTr (FRS 102) 'Accounting Reporting by Charities.. Statcment of Rcci)mmended Practicc applicable to charities preparing their accounts in awordance with thc Ftnancial Reporting Standard applicable in the UK and Republic of ITcland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Rcpublic of Ireland, and thc Companies Act 2006. Thc financial statefflents have beell prepared under thc historical cost convention. Income All incume is recognised in the Stalemcnt of Financial Aciivities once the charity has entitlemclll kn the funds. it is probable that thc income will be received and the amount be measured reliably. Expenditllre Liabilitics are recognised as cxpcnditure as soon as there is a legal or constructive obligation wmnutting the charity to that cxpendkture, it is probable that a transfer of economic benefits will be requircd in settlemcnt and the amount of the obligation can be measured reliably. Expenditure is accountcd for on an accrua]s basis and has been classified under headings that aggregale all cost related to th¢ category. Where costs cannot be directly attributd to parti¢ular headings they have been allo¢at¢d to tiVitieS on a basis ¢onsist¢nt with the us¢ of reSou¢s. Allocation and apportionn)ent of costs Apportioned using Full Cost Recovery based on staff hours. Calculad when the funding bid is written so the apportionment amount is fed for the l¢ngth of the contract based on estInted ovethead ci>sts. Tangible fjxed Assets DePrjatIOn is provided at the following am)ual rates in order to Iwite off ea¢h assel over its estimaled use1 life. Fixtures and fittings 2W/o on cost Taxation The ¢harity is exempt from corporation lax on its charitable activities. Fund a¢counting Unrestrictcd futNts Can be ed in accordance with the charitable objedives at the direon of the tTUStees. Restricted funds call on]y b¢ used for yatlicular restricted POSe5 wiihin the obj¢Lts of the charity. Restrictions ise when specified by the donor or when fvnds are raised for particular restricted purposes. Further explanation of the Thatu and purpose of each fijnd is included in the not¢s to the financial statements. Pension costs #nd other poStre(1rtellt b¢nefits The charitablc company operates a defined contiibution pension scheme. ContnThutions payable to the charitablc company's pension schemc are charged to thc Statement of Financial Activities in the pcriod to which they relate. However th¢ company has contributed in the past to a defined benefit mults"-cmployer schcme which wuld result in a debt withdrawal should the charity close. This is now closed to contributions. The scherne is in deficit and the charity con1ribu a monthly deficit payment lo help bTing down the debt. Thc amount paid in the year towards the defjcit was £2.381.28 (2023- £2,381.28). As ai 31st MaTch 2024, a provision for deficit contributions of £1,946 existed. Page 16 continu¢d...
Cornerhouse Notes to the Finan¢fi%l Statsm¢nts- contiDued lor theyear ended 31st Mareh 2024 DONATIONS AND LEGACIES 2024 2023 Donations 27,298 INVESTMENT INCOME 2024 2023 Deposit account inter¢st 12,902 4,532 INCOME FROM CHAIUTABLE ACTIVITJES 2024 2023 Activity Health and well being Health and well being Health and well being Health well being Health and well being H¢th and well being Grants Rainbow Lottery KUHCC Trading Coasi & Vale NHS 11,694 1,081 132,232 9,130 142,782 29,600 29,612 975 138.520 31,213 163,002 32619 363,322 Grants received, illclud¢d in the above, are as follows: 2024 2023 Kingston Upon Hull City Council Hull and East Rithng Trust 9,178 2,516 29,613 11,694 29.613 CHARITABLE ACTIVITIES COSTS Support costs (see not¢ 6) Direct Tolals Health and well being 263013 129,082 392,595 Pag¢ 17 continued...
Cornerhoust orkshirej Notes to the FinantlAI Statements- continued for the ear ended 31st L¥tsrch 2024 SUPPORT COSTS Governan¢¢ costs Other Totsls Health and well being 125,559 3,523 129,082 NET INCOMEI(EXPENDrruRE) N¢t incomel(expenditur¢) 15 slated after charginW(creditsng).' 2024 2023 D¢pr¢ciation- owned 14sets 511 590 TRUSTEESI REMUNEIL4TION AND BENEFITS There were no trustees, remuneration or otber bencfits for the yoar ended 3151 March 2024 noT for the year endcd 31st March 2023. Trvstees, ¢xpense$ There were Do trustees, expenses paid for the year ended 3151 March 2024 nor for the year ¢nded 31st MaTch 2023. STAFF COSTS 2024 2023 Waoes and salaries So¢ial security ¢ost5 Other pension costs 24&765 18822 13,164 249,786 7,261 17,269 280J51 274,316 The av¢ra8e monthly number of employees during the year was as follows.. 2024 2023 DirectorrUste¢S Management & Administration Charitable activities io 16 17 No ¢mployees received emoluments in excess of £60,0(KI. Page 18 continued...
Cornerhouse (Yorkshfire Notes to the Financi41 Statements- continued for the vear ended 31st March 2024 io. COMPARATIVES FOR THE STATEMENf OF FIIYANCTAL ACTIVITIES Unrestricted funds Restrictcd fia5 Total INCOME Al ENDOWMENTS FROM Donations and legacics 17,298 10.000 27298 Charit#ble actlvities Health and well being 333.709 29,613 363,322 Investment income Other income 4,532 5,000 4,532 5,000 Total 360,539 39,613 400.152 XPENDITURE ON Charitable activities H¢alth and well being 290.465 76,215 366.680 NET tNCOMEI(EXPENDITURE) 70,074 {36.602) 33,472 RECONCILIATION OF FUNDS Total ndS broughi fOard 465.012 372,924 837.936 TOTAL FUNDS CARRIED FORWARD 535,086 336,322 871,408 ii. TANGIBLE FIXED ASSETS Fixthres COST At 1st April 2023 Additions 110*42 416 At 31 st March 2024 111,258 DEPRECIATION At I st April 2023 Charge for year 109J07 511 At 3151 March 2024 109018 NFT BOOK VALUE At 31 sl March 2024 1,440 Al 3151 March 2023 1,535 Page 19 continued...
Cornerhouse orkshfire Notes to the Financial Statements- continued for the vear ended 31st March 2024 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrned income 2,255 10.115 1,095 3249 11.210 13. CREDrroRS: AMOUNTS FALLING DUE WITHll¥ ONE YEAR 2024 2023 Social security and other tsxes Other creditors Accruals and def¢Tred income 8.162 4,167 69.166 84,513 90,507 81.495 14. MOVEMENT IN FUNDS Net movement At 3113124 At 114123 Unrestricted funds General fund Future Delivery 369,985 165,101 24,792 (36,706) 394,777 128J95 535,086 (11,914) 523,172 Restricted funds Hardy Fund Headstort Fund Get)eral Fund Pride Prom Headstart - Strp Out Healthy Holidays LGBT+ Hull CC Forces 14,188 50,094 260,643 lJ74 iJ84 1,689 6,950 {700) (31,342) (344) 13,488 1&752 260,299 1,471 (500) lJ91 (6950) 2,088 3.080 2.088 331322 (36,260) 300.062 TOTAL FUNDS 871,408 (4&174) 823,234 Page 20 continued...
Cornerbouse (Yorkshire Notes t the Fin2D¢ial StAtements- ¢olltlnued for the year ended 31st March 2024 14. MOVEMENT IN FUNDS- eontlnued Net movement in funds. included in the abov¢ are as follow5: Incoming resources Resources expended Movement in funds Unre8tiicted funds Gen¢r41 fund Future Delivery 330,095 (305,303) (36,706) 24,792 {3(706) 330,095 (342,009) {11,914) Restri¢ted funds Hardy Fwid Headstart Fund Generdl Fund Pride Prom Headstart- Step Out Healthy Holidays LGBT+ Hull CC Forces {700) (31,342) {344) {2,419) {500) (1241) (6,950) (7,090) (71)0) {31,342) (344) 2,516 (500) 1,391 (A950) 2,088 2,632 9,178 14,326 (50,586) {36,260) TOTAL FUNDS 344,421 (392,595) (48,174) Comparatives for movement in funds Net movem¢nt in fimds Transf¢rs between nds At 3113123 At 114122 Ullre5tri¢t¢d funds Generdl fund Future Delivery 249,462 215.550 120,523 (50,449) 369.985 165,101 465,012 70,074 535,086 Re5tri¢ttd funds Hardy Fund High Sherriff Fund Headstart Fund G¢n¢rnl Fund Ide Prom Headstart- St¢p Out Healthy Holidays LGB T+ Hull CC 5238 167 89,047 261,114 1,374 8,950 (638) (38,953) 14,188 471 50.094 260,643 1,374 1,384 1,689 6,950 (471) 420 1.083 (7.464) 606 14,414 372,924 (36,602) 336,322 TOTAL Fus 837,936 33,472 871,408 Page 21 eontiDU¢d...
Cornerhouse Yorkshire) Notes to the Financial Ststements- eontlnued for the year ended 31st M&rcb 2024 14. MOVEMENT IN FUNDS- continued Comparativ¢ n¢t movement in fimds. included in the above are as follows: Incoming resources Resources expended Movlellt in funds Unre$trhcted funds Generhl thnd Future Delivery 360,539 (240,016) (50.449) 120.523 (50,449) 360,539 (290.465) 70,074 R¢stricted funds Hardy Fwid High Sherriff Fund Headstart Fund Headstsrt- Step Out Healthy Holidays LGBT+ Hull CC 9.500 {550) {638) (55,012) (80) (2,451) (17.4fv1) 8.950 (638) (38,953) 420 ,083 (7.464) 16.079 500 3,534 lo.0 39.613 (76,215) (36,602) TOTAL FUNDS 41J),152 (366,680} 33,472 A cutrent year 12 months and prior y¢ar 12 months wmbined position is as follows.. Nel movement in funds Transfers between funds At 3113124 At 114122 Unrestricted funds General fund Futur¢ Delivery 249,462 215,550 145.315 (87,155) 394,777 128,395 465,012 58.160 523.172 Restricted funds Hardy Fund Higb Sherriff Fund Headst4)rt Fund Generdl Fund Ide Prom Headstsrt- Step Out Healthy Holidays LGBT+ Hull CC 5238 167 89,047 261.114 1.374 964 606 14.414 8250 (638) (70,295} (344) 97 (80) 2.474 (l4,414) 2.088 13,488 471 18,752 260,299 1,471 (471) 3,080 Forces 2,088 372,924 {72,862) 300,062 TOTAL FUNDS 837,936 (14,702) 823,234 Page 22 continued...
Cornerbouse OrkshI re Notes lo the Financlal Statements- continued for the vear ended 31st Mar¢h 2024 14. MOVEMEKf IN FUNDS - continued A current year 12 months and prior year 12 months combined net Movent in fimds, included in the above are as follows= Incoming TCSOUtces Rcsources eX)dea Movemcnt in fijnds Unre$tri¢ted funds General fund Future Delivery 690,634 (545,319) {87,155) 145,315 (87,155) 690.634 (632,474) 58,160 Restrlcted ndS Hardy Fund High Sh¢triff Fund Headstart Fund General Fund Pride Prom Headstart- Step Out Healthy Holidays LGBT+ Hu]1 CC Forces 9,5IKI (1,250) (638) (86,374) (344) (2.419) (580) (3,692) (24,414) (7,090) 8.250 {638) (7U,295) (344) 97 (80) 2.474 (14,414) 2,088 16.079 2,516 500 6,166 10,000 9,178 53,939 (126,801) {72.862) TOTAL FUNDS 744,573 (759,275) (14,702) Cblldren in Lyeed Funding fro the CARE project ivorkuig wilh young people al risk of sexual ¢xploitation High Sherlff Fund Funding to help with overhead costs of n)nning a flal used by CARE project Tender Fundlng Funding to help with franchise costs to rLm projecl in Hull area Headstart Funding provided by Big Lott¢ry via Hull CC to run a peer mentoring proj1 Step Out Money provided by H¢adstart group to Tun a support group around LGBT plus issues Healthy Holldays Funding from Hill CC to provid¢ healthy aclivities in the school holidays Prlde Prom Money from National lottery community Fund & Headstart lo hold a Prorn for young p¢ople identifying LGBT+ Conference Funding provided to host an LGBT+ conference ai MKM Arena (Hull CC & 2 Rith'ngs) Lloyds FouDdatioD Funding to help with organisatiimal re development Break The Cycle Funding Funding from Hull CC to work wilh Young people living in families with Domestic abvse LGBT+ Worker Funded by Hull CC & 2 Ridin8s for an LGBTIY advice netswo for schools and youth groups Hardy FuDd This is a hardship fimd for people living wilh HIVIAIDS. Comerhouse manages Page 23 continued...
Cornerhouse (Yorkshire Notes to the Flnancial St*tements- continued for the ear ended 31st March 2024 14. MOVEMENT IN FUNDS- contlnued and adminisl¢rs the scheme and responds to claims for financial support. 15. RELATED PARTY DISCLOSURES There were no related paty transadions for the y¢ar ended 31st MaT¢h 2024. Page 24
CorAerhouse orkshire) Detalled Statement of Flllancial Aetfivlties for the year ended 31st MArch 2024 2024 2023 INCOME AND ENDOWMENTS Donations 2nd legacies 27298 Investment Ineome Dew)sit UC¢4>unt interest 12902 4,532 Charitable activities Grants Rainbow Lottcry KUHCC Trdding Coast & Vale NHS 11,694 1,081 J32232 9,130 142,782 29,61KI 29,612 975 138,520 31.213 163,002 326519 363.322 Other Income Employer allowance s,wo 5,000 Total Ineoming resources 344421 400,152 EXPENDITURE Charitable ActitieS Wages Ssxial security Pensions Hardy Fund- Individual applicatiODS High Sheriff - Flat Youth CoTllrni5sioning (Rea¢hout) Slep Out Headstart Pride Prom Healthy holidays LGBT+ project Coast and Yale Rainbow flag Other unrestricted 161,536 12,159 8,689 700 344 66,353 500 117 2,419 1,241 161 5,573 1,017 2,71M 166,069 4,827 9,703 550 638 65,217 80 927 1,771 174 5,021 535 599 263513 256,111 Supp(brt eosts This page does not forn) parE of the slatutory financial ststements Page 25
Cornerhouse orkshtre Detailed Statement of Fin4n¢la] Activities for the vear ended 31st March 2024 2024 2023 Support costs Other Wages Social security Pensions Rates and water Insurancc Light and hcal Telephone Postag¢ and stalion¢ry Sunthies Centtt expenses Waste and cl¢atiing Subscriptions and journals Repairs and renewals Software li¢en¢e Fixtyres and fittings 87,229 263 4,475 773 2,213 2,93 2,857 83,717 2,434 7.566 812 2.216 I,691 1.687 1,356 1.761 544 1,590 216 785 86 590 2,9112 2,498 1,024 420 9275 624 sil 125,559 107,051 Governance costs AountancY fees 3A23 3.518 Total resources expended 392,595 366,680 Net (expenditureyiDcome (48,174) 33.472 This page does not fom) part of the statutory financial statements Page 26