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2024-03-31-accounts

STOCKPORT, EAST CHESHIRE, HIGH PEAK, URMSTON & DISTRICT CEREBRAL PALSY SOCIETY

A Charitable Company Limited by Guarantee

Financial statements for the year ended 31 MARCH 2024

Company Registration Number 02683946

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Financial Statements
For the Year Ended March 2024
Contents Page
Combined Trustees’ Annual Report and Directors’ Report 2 - 16
Independent Auditor’s report to the Members 17 - 21
Consolidated Statement of Financial Activities 22
Consolidated and Charity Balance Sheets 23
Consolidated and Charity Statement of Cash Flows 24
Notes to the Financial Statements 25 – 40

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Combined Trustees’ Annual Report and Directors’ Report for the year ended 31 March 2024

The Directors (who are also the Trustees) are pleased to present their report and the audited financial statements for the Charity for the year ended 31 March 2024.

Reference and Administrative details of the Charity, its Trustees and Advisors

Charity Number 1009768 Company Number 02683946 Principal Office Granville House, 20 Parsonage Road, Heaton Moor, Stockport, SK4 4JZ External Auditors Beever and Struthers, Statutory Auditors One Express, 1 George Leigh Street, Manchester, M4 5DL Bankers Royal Bank of Scotland 1 Heaton Moor Road, Heaton Chapel, Stockport SK4 4LW Solicitors Slater Heelis Solicitors Oakland House, 2[nd] Floor Suite 2, 34 Washway Road, Sale, M33 6FS

Directors and Trustees

The Directors of the charitable company (the Charity) are its Trustees for the purpose of Charity law and throughout the report are collectively referred to as the Trustees.

The Trustees serving during the year are as follows;

Chairperson Rob Armstrong Deputy Chairperson Vacant - Trustees are currently covering the role on a 3 month rotational basis pending recruitment. Board of Trustees Members Natalie Hinchcliffe Nicole Guy Maria Repanos Mike Bailey Rory Alkin

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Helen Roberts Jon Bloom Roy Dudley Southern MBE Chief Executive Geraint Hughes Company Secretary Geraint Hughes

Structure, Governance and Management

The full legal name of the Charity is Stockport, East Cheshire, High Peak, Urmston and District Cerebral Palsy Society – the name of the Charity was amended to its current legal title on 26[th] July 2011 and its Articles of Association were amended at the same time. However, as of 1st October 2019, the known name of the Charity was amended to ‘Supportability’, including new branding and strap line, under which the organisation now operates on a day-to-day basis, whilst retaining its legal entity status. For the purposes of this report, the name used in relation to the Charity will be ‘Supportability’.

Summary of the purpose of the charity as set out in the Governing document

Supportability is a company limited by guarantee governed by its Articles of Association dated 26[th] July 2011. These Articles amended the Memorandum and Articles of Association dated 11[th] December 1991. The update reflected the new locations of work for the organisation, which specifically were Trafford and Salford. Supportability is a Charity registered with the Charity Commission and, as of 31st March 2024, there were 40 members who each have a liability of £1 in the event of the Charity ceasing to operate.

Appointment of Trustees

The Board must have a minimum of 5 Trustees and a maximum of 14, who are appointed by the Annual General Meeting (AGM). At the AGM, all members of the Board who have served for three years since their last election shall either retire or opt to be considered for re-election. Between AGMs the Board may co-opt Committee members for the period up to the date of the next AGM, so long as the maximum number of 14 Trustees is not exceeded. There are currently 9 trustees inclusive of the chair.

Trustees’ Induction and Training

Newly appointed Trustees are provided with a copy of the Charity’s Trustee handbook as part of the induction process. The handbook covers various aspects of the role of a Trustee including copies of the Charity’s Articles of Association, the structure of the Charity, the latest Business Strategy document, the job description for all Trustee roles including the Chair and Deputy roles, as well as the Code of Conduct for Trustees. As well as being allocated a mentor from the Board, newly appointed Trustees are also encouraged to attend appropriate internal and external training that supports the role.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Organisation

The Board of Trustees meets bi-monthly (although Board papers are prepared and reviewed monthly) and where required working groups are established and support areas such as Finance and Estates.

The Chief Executive is appointed by the Trustees principally to manage the day-to-day operations of the Charity. To facilitate effective operations, the Chief Executive has delegated authority for all operational matters including finance, employment and registration of services where applicable.

Related Parties

The Charity has a trading subsidiary, Granville House Ltd, that until 2015 operated two charity shops with a separate Board of Directors, one of whom also sat on the Board of the Charity. The accounts for Granville House Ltd have been consolidated within the financial statements of Supportability in accordance with the Companies Act 2006. Since the closure of the charity shops in 2015, Granville House Ltd has not actively traded.

Objectives and Activities

The Charity is established to promote the care, welfare, interest, education and advancement, in the metropolitan boroughs of Stockport, Trafford, Salford, Urmston, the unitary authority of Cheshire East, the non-metropolitan district of High Peak and surrounding districts, for people with Cerebral Palsy and associated disabilities.

The aims of the Charity

Our beliefs Civil rights, maximum independence and challenging discrimination faced by people with disabilities.

Our Vision A Society where people with disabilities are valued equally and empowered to live full and rewarding lives.

Our Mission To improve the quality of life for people with Cerebral Palsy and associated disabilities in Stockport, East Cheshire, High Peak, Urmston, Trafford and surrounding districts through the provision of quality services and campaigns in partnership with people who have disabilities, carers and other organisations giving priority to those with high support needs.

Our purpose To develop and provide a quality range of services, which reflect individual need and choice through integrated provision and specialised support.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Public benefit of the Charity

Under the Charities Act there are 13 descriptions of charitable purpose. The Charity is covered by “ the relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage ”

Through the Trustees’ role of overview of Supportability, it is their belief that they have had regard and meet the Commission’s guidance regarding public benefit. The Act identifies two key principles of Public Benefit:

Principle 1 - There must be identifiable benefit or benefits.

The sole purpose of the Charity is to aim to improve the quality of life for people with Cerebral Palsy and associated conditions within its defined geographical area of operation. It aims to achieve this through the provision of services in partnership with disabled people, carers and other organisations, giving priority to those with the most significant level of need.

During 2023/24, approximately 250 children, young people and adults with complex physical and learning disabilities stood to benefit from the range of service provision the Charity offers. The service range also benefits parents and carers of those accessing services by offering time away from their caring role and by providing support for their family member. The three-year Business Strategy is aimed to ensure the continuity and security of the organisation’s service offer, maximising choice and control for the individual.

Principle 2 - Benefit must be to the public or section of the public

Access to the Charity’s services is not restricted except that:

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Supportability’s Strategy

During 2023/24 the charity has continued to work towards delivering the current Business Strategy objectives. Progress has been made although vacancies in key management positions coupled with significant pieces of work around some of the charities operational areas have resulted in some of the business objectives being deferred to next year.

Estate Plan

To ensure that we undertake the required tasks to support the acquisition of land, move into a new building in the right place, at the right time and at the right cost.

We continue to engage with partners who are supporting the charity in securing a more appropriate and fit for purpose site. Having shown some initial interest in a site locally we have undertaken some preliminary work around the requirements of the site and building layout. The charity is however awaiting progress on the lease arrangements and although in regular dialogue with Stockport Council have yet to conclude.

Fundraising

Secure appropriate funds to contribute to the overall cost of delivering our Business.

The fundraising climate continues to be challenging with more competition and less options with a number of trusts diversifying and realigning who it is they support. Securing funds has been difficult although there have been some positive achievements through the year although not at the level the charity would have hoped for.

The charity has successfully secured funding to run an 18-month project to celebrate and capture its 70-year history through the National Lottery’s Heritage funding programme. The charity was 70 years old in September this year and it was felt important to capture and celebrate the impact that the charity has had in Stockport and the surrounding areas. The project will digitally archive a range of photos and film footage along with oral histories and showcase its history in an exhibition locally at the end of the project.

The charity also celebrated its long-standing partnership with our local golf club, Heaton Moor GC, who kindly hosted us for the 30[th] consecutive year. This is the charities key annual fundraising event which not only raises much needed income to support the charities operations but also raises our profile within the local business community.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Supportability’s Strategy (continued)

Finance Review

Ensure that we have the appropriate financial infrastructure for the world we are operating in.

The review has been partially completed with initial implementation being led by the charity’s interim head of finance. The implementation along with a revised finance team structure and progressing the automated system requirements will continue into next year aligned to the wider digital needs of the charity.

Culture

Improve the culture within Supportability, leading to greater effectiveness, levels of accountability and sustainability

Initial work has been undertaken and more engagement and transparency when developing the business strategy and operational and business support strategies has taken place with better lines of communication and information sharing with those delivering support and those in receipt of that support. However further work is required to develop the charities culture.

Governance

Ensure that the governance of our organisation is robust and fulfils all that is required of it in directing how it is managed and run.

Consideration to the role of a trustee and balancing the commitment required with the needs of the charity have started to shape how the charity needs to engage and utilise the time and experience of trustees. In-person meetings take place every other month with a Q&A system between the board and senior leadership team in the intervening month.

The Senior Leadership Team and Board of trustees completed work on a refreshed vision and mission for the charity, for rollout in 2024/25 and started the process of reviewing our values in March. This will be concluded in 2024/25 through a range of inclusive stakeholder engagement sessions.

Governance remains a strategic priority as we go into next year (2024/25) with further work to be progressed.

Service User/Carer Engagement

To ensure that we are an organisation truly shaped by service users' and carers' views and opinions.

Further work is required in this area next year in order to develop on the already established user forums and refresh the approach to carer engagement. A number of people who access charity services did launch the ‘Newsroom’ this year and now interview, design and produce a bulletin quarterly. In addition, there are plans to launch a carers newsletter in the new financial year and look at user and carer engagement more broadly with external input.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Supportability’s Strategy (continued)

IT Strategy

To develop an overarching strategy that improves effectiveness and efficiency.

The charity has developed a work plan with our IT provider to move forward with short/ med/ longterm tasks to ensure efficiency and development of digitalisation.

After much research into existing systems and future needs the charity have now signed a contract with Unique IQ. The main focus being operational benefit, but the software has some additional financial automation functions that will also be utilised. Implementation will start from Q1 of next year.

Risk Management

The Business Strategy is underpinned by a Risk Register that enables the key strategic risks to be identified and plans put in place to reduce any impact on day-to-day operations and delivery of the overall Business Strategy. Risk are identified and ranked in terms of their potential impact and likelihood. Our Register works to five key areas of risk:

The Risk Register is reviewed by the senior leadership team and shared regularly with the board of Trustees as part of set board meeting agenda’s across the year. The register has been developed and reviewed in conjunction with the Business Strategy and is representative of the key risks facing the sector and specifically impacting the charity.

Key Areas of Operation

The charity provides a range of offers to both children and adults who predominantly reside in Stockport. There does however continue to be individuals benefiting from our range of service offers from neighbouring local authority areas. The underlying purpose of the charity is to provide person centred options that meet the wishes of individuals, and which positively impact on their health and well-being, whilst also indirectly benefiting carers.

Day Offer

The charity has provided day opportunities for several years and has a well-established provision running Monday to Friday. The offer is both building and community based and provides adults with a range of varied activities with the themes of promoting independence, broadening experiences and providing opportunities to develop social networks and friendships both with peers and the local community.

The service is commissioned and delivered as part of Stockport Council’s Day Service Framework.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Supportability’s Strategy (continued)

Wheelers

There are inclusive cycling sessions held three times a week for children, adults and their families. There are a range of accessible bikes available that cater for a variety of needs in order to ensure all individuals, regardless of the nature of their disability, can take part. Individuals are afforded the opportunity to experience the physical and health benefits of a low impact pursuit that helps to relieve stress, support weight management and improve confidence, posture and balance whilst at the same time making and maintaining friendships.

Whilst ‘Wheelers’ aims to attract third-party funding to support the financial sustainability of the project it is often very much underpinned by Charity funds in order to meet the shortfall in funding but also to highlight the importance that the charity places on such a provision.

Community Offer (Localities)

Support is provided on a 1 to 1 and small interest group basis for children and adults predominantly from Stockport to engage in a range of leisure and social opportunities. This area of the charity has experienced continued difficulties over several years ranging from a reduction in demand, retention and recruitment pressures, staff unable to drive / finance the running of a vehicle and mounting pressures on the financial viability of such a service offer.

Due to the pressures being faced, even after the introduction last year of small interest groups, the charity was still facing a month-on-month reduction in demand and existing people either reducing or withdrawing from support coupled with the staff issues of recruitment and retention for this service area.

After much deliberation and after researching alternative options, the decision was reached to enter into a consultation process for our community offer in the final quarter of the financial year and a series of communications to all affected ensued. The conclusion of the process to reach an appropriate outcome continues into the new financial year.

Community Offer (Leisure Groups)

The Leisure Groups project provide a range of larger group-based leisure and social pursuits mostly in and around the local community, in addition to some smaller, building-based options. Groups run across 6 days of the week during daytime evenings and weekends. The groups continue to be popular with an increase in interest particularly from children and young people.

The Leisure Groups are offered as part of Stockport Councils Day Service Framework.

24 Hour Offer (Cheddle Lodge)

Supportability operates a Residential Care Home, Cheddle Lodge, based in Cheadle. The home has 13 beds and supports people with complex physical and learning disabilities. The home is staffed on a 24/7 basis, which also includes waking night support. The home is registered with the Care Quality Commission (CQC) and is rated ‘Good’.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Supportability’s Strategy (continued)

24 Hour Offer (Cheddle Lodge) (continued)

There has been considerable work undertaken with those that reside at Cheddle to have a makeover and redesign the shared living areas and decorating and personalising bedrooms. The Carebeans software introduced last year has now fully bedded in and positively impacted on the care and support provided whilst also allowing staff more time to engage and facilitate a range of activities and daily tasks with residents.

Links with external professionals, Council Quality team and our CQC inspector continues to be positive and engaging.

Stockport Council have a contract for 10 of the 13 beds available and the remaining 3 beds are available on a spot-purchase basis, 2 of which are currently funded by Manchester City Council and the remaining bed by Stockport Council.

24 Hour Offer (Brecon Close)

The Supported Living home is a single occupancy that is commissioned by East Cheshire Council with strong family support and engagement. The senior leadership team made a difficult decision with the board of trustees in the best interests of the individual residing at the property to serve notice on this provision as we were unable to deliver an acceptable level of continuity and quality of care to the levels the charity felt was appropriate. Additional factors that influenced the decision

were around the model of delivery which had evolved from its original purpose, increased recruitment and retention pressures and the location of the property and public transport restrictions coupled with staff unable to afford to drive.

The charity felt there were providers out there more suited and equipped at this moment in time to provide an appropriate offer and we supported the individual and their family by engaging with their chosen provider and maintained our offer and lines of communication between all parties through the TUPE and transitional process.

Volunteers

The charity continues to be governed and supported by a Board of Trustees, all of whom are volunteers that come with a breadth of experience and knowledge and who support the Senior Leadership Team.

In addition, we have a number of volunteers that continue to give their time for our annual Golf Day fundraising event both in terms of the preparation and coordination on the day.

The charity has been investing more time to develop and recruit volunteers, but this continues to be a work in progress, as the national picture suggests there has been a decline in people volunteering their time.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Performance

For the year 2023/24 a deficit budget of £30k was agreed with the board of Trustees. Within this year’s budget we had factored in the local authority fee uplift to the sector and used this to ensure we were rewarding our workforce and paying above the Real Living wage both in recognition of their commitment to the charity and those we support but also to ensure we strengthened recruitment and retention.

We also decided that the additional expenditure by way of Christmas vouchers to staff in 2022/23 in recognition of the cost-of-living pressures and the additional funds set aside for Christmas parties in service areas was to be included as part of the budget for this year.

There have been some considerable pressures in year with difficult decisions reached, or still being considered, all of which have been made in the best interests of our beneficiaries and to support the wider and future sustainability of the charity.

Financial Review

The Charity has a surplus for the year of £151k. This being £114k more than the previous year’s surplus of £37k.

Incoming resources of £3,961 were £303k higher than 2022/23. This represents a 8.28% increase.

The 2023/24 accounts have been produced in accordance with FRS102, as were the previous year’s. Therefore, no adjusting entries were required for comparative figures.

The national and regional lockdowns and social distancing measures imposed in previous years due to the pandemic had a negative impact on service delivery, but in 23/24 the areas of work continued to increase in people returning to service. This increased service delivery impacts the expenditure driven by our charitable activities so that the cost for the year was increased to £3,640k. This was £90k (2.53%) higher than 2022/23. The cost of employed staff overall was £179k (7%) higher than previous year.

Fixed assets were again broadly comparable with the previous year, with £21k worth of additions. The main additions, being an investment of £18k in essential equipment purchases at Cheddle Lodge.

Net current assets of £1,294k were £267k higher than the prior year as a consequence of the ending of financial support through grants and reduced expenditure related to closed services received in prior year.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Financial Review (continued)

Total Charity funds were therefore £151k higher than 2022/23 at a level of £2,893k. The Charity has been able to maintain and build financial security and sustainability through this year in the face of extremely challenging circumstances, to provide a strong platform for the delivery of the 3 year Business Plan.

The main challenges and risks faced in the previous year have reduced significantly in 2023/24:

As reported in previous years’ Trustees’ Reports, the Charity had operated a wholly owned trading company, Granville House Limited, with a separate board of directors, for a number of years. Granville House Limited publishes its own accounts, which have been grouped with the accounts of the Charity in these consolidated Financial Statements and this year the Company remained dormant following the closure of the shops in 2015/16. Residual reserves of the subsidiary following closure are £4k.

Reserves Policy

Supportability adopts a risk-based approach to the management of its reserves that seeks to strike an appropriate balance between financial prudence and investment in front line services and Business Support and the Charity’s future direction. In assessing the level of free (unrestricted) reserves required The Board of Trustees, in conjunction with Senior Leadership Team (SLT) have taken note of the major risks facing the Charity, considered the likelihood of risks, and financial impacts. The ongoing risks fall broadly into the categories of income generation (including fundraising), maintaining current and consistent levels of operational service delivery, unexpected operational cost pressures, unplanned capital requirements, supporting the 3-year business plan, and broader macro-economic factors. The Designated and Free Reserves policy is a 3-year forecast which is reviewed formally on an annual basis, or as required by The Board and SLT, and can be summarised as follows –

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Reserves Policy (continued)

Supportability will require a large proportion of the reserves to support the intended move to a more suited combined head office and day opportunities centre

As at 31 March 2024 Supportability held £2.9m in total reserves (2023: £2.7m). Of this we identified a total of £0.003m (2023: £0.003m) as designated funds.

Free Reserves - of the total reserves held, £1.9m was held as free reserves (2023: £1.6m) being the total of unrestricted (less designated) funds (£2.7m), less unrestricted tangible fixed assets (£0.8m). The current level of free reserves is therefore above the minimum level required by the policy of £0.95m. The trustees have determined that these excess funds be used to support the deficit budgets over the short term until the Charity returns to a surplus position, as per the Business Strategy.

Cash at bank and in hand as at 31 March 2024 was £1,396k which is in excess of the £0.7m required by the policy. In addition to this there is £707k in an investment portfolio.

The general unrestricted reserves (excluding designated funds) held at 31 March 2024 totalled £2.7m (2023: £2.5m).

Designated funds

Each year, Supportability reviews the need to keep some of its reserves set aside for specific future activities. We call these our designated funds. The need for such funds varies from time to time depending on many factors, including our future plans. They are set, amended and released based upon the discretion of the Board of Trustees and Senior Leadership Team. At 31 March 2024 Supportability identified a total of £0.003m of its reserves as designated funds. These are held in order to subsidise specific projects while future funding options are explored.

Supportability has a phased plan for the use of these designated funds, which may change at any time at the discretion of the Board of Trustees based on the needs of the Charity.

The designated funds held in reserves will be reviewed in 2025/26 to reflect the charities intention to progress its Estates Program, the move out of its current head office to an appropriate fit for purpose site. This will increase the current noted designated fund amount considerably, due to the expense and build development cost requirements.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Designated funds (continued)

The Charity recognises that opportunities to build reserves are very limited in the current financial climate but believes that the current level is adequate for the provision of planned services and to maintain the Charity as a going concern.

Investment Powers and Policy

Under the Articles of Association, the Charity has the power to deposit or invest funds in any manner (but to invest only after obtaining advice from an individual, company or firm who is an authorised person or an exempt person within the meaning of the Financial Services Act 1986 [a financial expert]) and having regard to the suitability of investments and the need for diversification. In addition, the Board of Trustees has the power to delegate the management of investments to a financial expert, but only on terms that:

  1. The investment policy is set down in writing for the financial expert by the members of the Board of Trustees;

  2. Every transaction is reported promptly to members of the Board of Trustees;

  3. The performance of investments is reviewed regularly with the members of the Board of Trustees;

  4. The members of the Board of Trustees are entitled to cancel the delegation arrangement at any time;

  5. The investment policy and the delegation arrangement are reviewed at least once a year;

  6. All payments due to the financial expert are on a scale or at a level which is agreed in advance and are notified promptly to the members of the Board of Trustees in receipt;

  7. The financial expert must not do anything outside the powers of the members of the Board of Trustees.

The current investment policy details the instructions that the Charity’s Board of Trustees gave to our investment managers. The policy aims, amongst other things, to balance the need for regular income with which to support services along with some capital growth to support future investment in service. In addition, as a Charity, the Board of Trustees have recognised their responsibilities to invest available funds in appropriate areas of business and the policy set down areas that the Charity would not wish to invest in. This policy was reviewed for 2023/24 and is robust in meeting the Charity’s responsibilities. The risk category of any investments held places slightly higher emphasis on capital growth although the risk category remains ‘balanced’ between income and growth.

During the year 23/24 £661k was invested with Brewin Dolphin. The invested funds generated an income of £15k in year while the market value increased by £53k.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Statement of the Trustees’ Responsibilities in Respect of the Accounts

The trustees (who are also directors of Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

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Auditors

Beever and Struthers are deemed to be re-appointed under Section 487(2) of the Companies Act 2006.

Approved by the Board of Directors on 13.12.24 Signed on their behalf by: ........................................................................................... Director Met,

Rob Armstrong (Chairperson)

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Independent Auditor’s Report to the members of Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Opinion

We have audited the financial statements of Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society (the ‘parent charitable company’) and its subsidiary (the ‘group’) for year ended 31 March 2024 which comprise the Consolidated Statement of Financial Activities (including Income and Expenditure Account), the Consolidated and Charity Balance Sheets, the Consolidated and Charity Statement of Cash Flows and the notes to the financial statements including a summary of significant accounting policies in note 1. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and the parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Other information

The other information comprises the information included in the annual report including the combined Trustees’ Annual Report and Directors’ Report, other than the financial statements and our auditor’s report thereon. The trustees (who are also the directors of the group and the parent charitable company for the purposes of company law) are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

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Responsibilities of trustees

As explained more fully in the Statement of the Trustees’ Responsibilities in respect of the Accounts set out on page 15, the trustees (who are also the directors of the group and the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below:

The extent to which the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 20

We assessed the susceptibility of the parent charitable company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify noncompliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 21

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the parent charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent charitable company and the parent charitable company’s members as a body for our audit work, for this report, or for the opinions we have formed.

Mark Bradley BA BFP FCA (Senior Statutory Auditor) For and on behalf of

BEEVER AND STRUTHERS Statutory Auditor Suite 9b The Beehive Lions Drive Shadsworth Business Park Blackburn BB1 2QS

Date 13.12.24

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 22

Consolidated Statement of Financial Activities (including income and expenditure account) For the year ended 31 March 2024

Note
Income from:
Donations and legacies
4
Other trading activities
5
Investments
6
Charitable activities
7
Total income
Expenditure on:
Raising funds
8
Charitable activities
9
Separate material expense item
11
Other
11
Total expenditure
Net gains on investments
Net income and net movement
in funds for the year
Reconciliation of Funds
Total funds brought forward
21/22
Total funds carried forward
21/22		 Unrestricted
funds
Restricted
funds
£
£
18,304
14,076
24,760
-
30,410
-
3,873,083
-		 Total
funds 2024
£
32,380
24,760
30,410
3,873,083
3,960,633
67,943
3,640,326
151,350
3,000
3,862,619
52,635
150,649
2,742,616
2,893,265


Total
funds
2023
£
19,399
14,422
9,267
3,614,931
3,658,019
3,946,557
14,076
67,943
-
3,619,423
20,903
151,350
-
3,000
-		 43,808
3,550,548
-
36,093
3,841,716
20,903		 3,630,449
52,635
-
157,476
(6,827)
2,532,927
209,689		 9,849
37,419
2,705,197
2,690,403
202,862		 2,742,616

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The notes on pages 25 to 40 form an integral part of these financial statements.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 23

Consolidated and Charity Balance Sheets as at 31 March 2024

Consolidated and Charity Balance Sheets as at 31 March 2024 Consolidated and Charity Balance Sheets as at 31 March 2024 Consolidated and Charity Balance Sheets as at 31 March 2024 Consolidated and Charity Balance Sheets as at 31 March 2024
Group Charity
Note 2024 2023 2024 2023
£ £ £ £
Fixed Assets:
Tangible fixed assets 14 1,022,083 1,054,998 1,022,083 1,054,998 1,022,083 1,054,998
Investments 15 706,680 659,942 942
706,682		 659,944
Total fixed assets 1,728,763 1,714,940 1 940 1,728,765 1,714,942
Current Assets:




Debtors 16 459,483 601,335 601,335
459,483		 600,827
Cash at bank and in hand 28 1,396,361 950,468 1 468 1,392,762 946,913
Total current assets 1,855,844 1,551,803 1,852,245 1,551,803 1,852,245 1,547,740
Creditors:
Amounts falling due within one year 17 (561,561)
 (524,127)
 (562,029)

 (524,127)
Net current assets 1,294,283 1,027,676 1,290,216 1,027,676 1,290,216 1,023,613
Provisions for liabilities 18
(129,781)
- (129,781)

- (129,781)

 -
Net assets 2,893,265 2,742,616 2 616 2,889,200 2,738,555
The funds of the charity:




Restricted income funds 21 202,862 209,689 209,689
202,862		 209,689
Unrestricted Funds:


Designated income funds 21 2,543 2,543 2,543
2,543		 2,543
Unrestricted income funds 21 2,667,016 2,509,540 2,662,951 2,509,540 2,662,951 2,505,479
Non-charitable trading funds 21 20,844 20,844 844
20,844		 20,844
Total unrestricted funds 2,690,403
2,532,927 2,686,338
 2,532,927 2,686,338
 2,528,866
Total charity funds 2,893,265 2,742,616 2 616 2,889,200 2,738,555

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

These financial statements on pages 22 to 40 were approved by the Directors on 13.12.24 and are signed on their behalf by:

........................................................... .................................................................... Rob Armstrong (Chairperson) Roy Dudley-Southern (Director)

Company registration number: 02683946

The notes on pages 25 to 40 form an integral part of these financial statements.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 24

Consolidated and Charity Statement of Cash Flows For the year ended 31 March 2024


Note
Cash provided by operating
activities
27
Cash flows from investing
activities
Interest income
Investment income
Withdrawal of investment cash
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Cash generated by/ (used in)
investing activities
Change in cash and cash
equivalents in the year
Cash and cash equivalents at the
beginning of the year
Cash and cash equivalents at the
end of the year		 Group
2024
£
2023
£
430,493
(83,835)



15,645
4,420
14,765
4,847
-
(28,710)
(20,907)
(18,161)
122,706
11,038
(116,809) (632,421)


15,400
(658,987)

445,893
(742,822)

950,468
1,693,290

1,396,361
950,468		 Charity
2024
£
2023
£
430,449
(83,807)



15,645
4,420
14,765
4,847
-
(28,710)
(20,907)
(18,161)
122,706
11,038
(116,809) (632,421)

15,400
(658,987)

445,849
(742,794)

946,913
1,689,707

1,392,762
946,913		 Charity
2024
£
2023
£
430,449
(83,807)



15,645
4,420
14,765
4,847
-
(28,710)
(20,907)
(18,161)
122,706
11,038
(116,809) (632,421)

15,400
(658,987)

445,849
(742,794)

946,913
1,689,707

1,392,762
946,913

4,420

4,847

(28,710)

(18,161)

11,038
(632,421)
(658,987)
(742,794)
1,689,707
946,913

The notes on pages 25 to 40 form an integral part of these financial statements.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 25

Notes to the Financial Statements for the year ended 31 March 2024

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with 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) – (Charities SORP 2019 (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society (Supportability) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

b)

Group financial statements

The financial statements consolidate the results of Supportability and its wholly owned subsidiary, Granville House Limited, on a line-by-line basis. A separate Statement of Financial Activities, and Income and Expenditure Account for Supportability have not been presented because Supportability has taken advantage of the exemption afforded by section 408 of the Companies Act 2006.

c) Going concern

After reviewing Supportability’s forecasts and projections the trustees have a reasonable expectation that Supportability has adequate funds to continue in operation for the foreseeable future, being a minimum of 12 months from the date of approval of these financial statements. There are no material uncertainties about the Group’s ability to continue as a going concern and Supportability therefore continues to adopt the going concern basis in preparing its financial statements.

d)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 26

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

1. Accounting policies (continued)

e)

Incoming resources

Income is recognised when Supportability has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when Supportability has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income is only deferred when the criterion for income recognition has not been met, and occurs in the following circumstances:

Income from fundraising and trading activities is recognised as earned as the related services are provided.

Investment income is recognised on a receivable basis.

Income from charitable activities, including income received under contract or where entitlement to grant funding is subject to specific performance conditions, is recognised as earned (as the related services are provided). Grant income included in this category provides funding to support services and is recognised where there is entitlement, certainty or receipt and the amount can be measured with sufficient reliability. Income is deferred when service related grants are received in advance of the service provision to which they relate.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 27

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

1. Accounting policies (continued)

f) Volunteers

In accordance with FRS 102 and the Charities SORP 2019 (FRS 102), the economic contribution of general volunteers is not recognised in the accounts. Further details of the contribution made by volunteers can be found in the Trustees’ Annual Report.

g) Interest receivable

h) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of Supportability. Designated funds are unrestricted funds of Supportability which the Trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of Supportability’s work or for specific projects being undertaken by Supportability.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Support costs are those functions that assist the work of Supportability but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel and payroll costs which support Supportability’s activities. These costs have been allocated to expenditure on charitable activities on a basis consistent with the use of resources, e.g. allocating management and administration salaries in proportion to direct salaries.

k) Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 28

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

1. Accounting policies (continued)

l) Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives as follows:

Asset Category Annual Rate and basis Freehold Land & Buildings 2% straight line Fixtures, Fittings & Equipment 20% reducing balance Computer Equipment 20% reducing balance Motor Vehicles 25% straight line

A full year’s depreciation is charged in the year of acquisition.

Supportability has used previous GAAP revaluations as deemed cost for the freehold property at:

1) Cheddle Lodge, which was valued by Roger Hannah & Co Chartered Surveyors at £840,000 at March 2014; and

2) Granville House, which was valued by Roger Hannah & Co Chartered Surveyors at £237,500 at June 2013.

m) Fixed asset investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market bid price. The Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout the year.

The main form of financial risk faced by Supportability is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

All realised and unrealised gains and losses are combined in the Statement of Financial Activities and are taken as they arise. Realised gains and losses on investments are calculated as the difference between sale proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value.

Delegated authority for the management of Supportability’s quoted investment portfolio is vested in Brewin Dolphin Limited.

All investments are listed on a recognised stock exchange and are reflected in the financial statements at market value. The net gain, or loss, on revaluation of the investments is shown in Note 15.

All quoted investments are held primarily to provide an investment return for Supportability.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 29

n) Debtors

r) Pension costs

An additional defined contribution scheme provided by NOW Pensions to facilitate pension auto-enrolment was introduced during 2014-15. The assets of this scheme are also administered by trustees in funds independent from those of Supportability. The annual contributions payable are charged to the Statement of Financial Activities. Supportability’s contribution rate is 3%, and the employee’s contribution rate is 5% of pension band earnings.

s) Redundancy and Termination costs

Termination payments are made in accordance with contractual obligations and may include employees legal expenses incurred to a maximum value of £500 (including VAT).

2. Legal Status of Supportability

Supportability is the name used by Stockport, East Cheshire, High Peak, Urmston and District Cerebral Palsy Society, a company limited by guarantee without share capital. In the event of Supportability being wound up, the liability in respect of the guarantee is limited to £1 per member of Stockport, East Cheshire, High Peak, Urmston and District Cerebral Palsy Society by clause 8 of the Memorandum of Association of the company.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 30

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

3. Results of Trading Subsidiary

The Charity has a wholly owned trading subsidiary (Granville House Limited) which is incorporated in the UK (company number 00914954) and makes donations out of its profit to the Charity via gift aid. The subsidiary did not trade in the year. Granville House Limited previously operated two retail outlets selling donated goods, both retail outlets ceased trading in May 2015.

Subsidiary Balance Sheet
Current Assets
Net Current Assets
Members’ Funds		 2024
£
4,065
4,065
4,065		 2023
£
4,066
4,066
4,066

4. Donations and legacies

Gifts and donations-Other
Grants		 Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total Funds
2023
£
£
£
£
7,804
14,076
21,880
18,399
10,500
-
10,500
1,000
18,304
14,076
32,380
19,399

5. Other trading activities

Fundraising events
Other trading income		 Unrestricted
Funds
2024
£
17,823
6,937
24,760		 Unrestricted
Funds
2023
£
14,422
-
14,422

6. Investment income

Bank Interest
Listed Investments Income		 Unrestricted
Funds
2024
£
15,645
14,765
30,410		 Unrestricted
Funds
2023
£
4,420
4,847
9,267

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 31

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

7. Incoming resources from charitable activities

Service fees
Service fees
Contractual
receipts grants		 Residential
Services
Supported
Living
Day
Services
Community
Services
£
£
£
£
1,403,419
159,384
1,515,035
795,245		 Unrestricted
Funds
Restricted
Funds
2024
2024
2024
TOTAL
£
£
£
3,873,083
-
3,873,083
1,403,419
159,384
1,515,035
795,245		 3,873,083
-
3,873,083
Residential
Services
Supported
Living
Day
Services
Community
Services
£
£
£
£
1,200,816
226,849
1,393,917
780,015

-
-
-
6,888
1,200,816
226,849
1,393,917
786,903		 Unrestricted
Restricted
Funds
Funds
Total
2023
2023
2023
£
£
£

3,601,597
- 3,601,597
6,888
6,446
13,334

3,608,485
6,446 3,614,931

8. Costs of generating funds

Costs of generating funds
Voluntary income costs
Investment Costs		 Unrestricted
Funds
2024
£
61,664
6,279
67,943		 Unrestricted
Funds
2023
£
41,737
2,071
43,808

9. Analysis of charitable expenditure

Residential services
Supported living services
Day services
Community services		 Activities
Undertaken
Directly
Support
Costs-
Governance
Costs
Total
2024
£
£
£
£
1,001,480
250,912
4,856 1,257,248
142,244
64,520
1,249
208,013
1,055,004
258,081
4,995 1,318,080
710,833
143,378
2,774
856,985
2,909,561
716,891
13,874 3,640,326		 Total
2023
£
1,274,209
258,563
1,206,792
810,984
3,550,548

Restricted expenditure of £20,903 (2023 £25,015) is included within charitable expenditure.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 32

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

10. Analysis of support costs and governance costs

Marketing &
administration
Finance
HR & Reorganisation
Health & Safety
Insurance
Information technology
Depreciation
Other
Auditors remuneration
Printing annual review
and accounts
Trustees’ Expenses
Other		 General
Support
£
264,289
121,655
96,968
2,406
69,721
84,998
16,478
60,376
-
-
-
-
716,891		 2024
Governance
Function
£

-

-


-

-

-

-

-

-

13,200

648

-
26

13,874		 2023
General Governance
Support
Function
£
£
253,468
-
109,062
-
88,030
-
2,400
-
60,441
-
90,790
-
19,066
-
59,561
-
-
14,982
-
648
-
67
-
46
682,818
15,743

The allocation of support costs are detailed in Note 1, j.

11. Other resources expended

Other resources expended
Provision for rationalisation costs
Provision for bad debts		 Unrestricted
Funds
2024
£
151,350
3,000
154,350		 Unrestricted
Funds
2023
£
4,666
31,427
36,093

Redundancy and termination payments totalling £4,975 were paid out in the year. £151,350 (2023: £4,666) was charged in rationalisation costs for the year. The bad debt provision was increased by £3,000 (2023 increased by £31,427).

12. Staff costs

Wages & salaries
Social security costs
Pension costs
Redundancy and termination costs		 2024
£

2,510,426

186,093
61,483
4,975
2,762,977
 2023
£
2,349,883
179,058
55,029
-
2,583,970

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 33

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

12. Staff costs (continued)

The average monthly head count was 134 staff (2023: 135 staff) and the average number of full time equivalent employees including casual and part time staff analysed by function was as follows:

Residential services
Supported living
Day services
Community services
Administration and support		 2024
No.
25
3
31
22
13
94		 2023
No.
24
6
27
24
12
93

The Trustees received no remuneration during the year (2023 £Nil). No Trustees were paid expenses in the year 23/24 (2023: £67)

Agency staff costs for the year £51,931 (2023: £200,386).

The number of employees whose total employee benefits (excluding employer pension costs) for the year exceeded £60,000 was as follows:

£60,000 - £70,000

2024 2023
1 1

The key management personnel of the group comprise: the Trustees; the Chief Executive (who is also the Company Secretary); the Deputy Chief Executive, the Head of Business Strategy and the Head of Operations.

The total employee benefits of the key management personnel were £154,968 (2023 £215,665).

13. Net income for the year

This is stated after charging:

2024 2023
£ £
Operating leases - Equipment 26,066 19,599
Depreciation 53,822 56,431
Auditor’s remuneration (excluding VAT) 13,200 14,982

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 34

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

14. Tangible Fixed Assets

GROUP/CHARITY
Cost
As at 1 April 2023
Additions
Disposals
As at 31 March 2024
Depreciation
As at 1 April 2023
Charged in year
Disposals
As at 31 March 2024
Net book value
As at 31 March 2024
As at 31 March 2023		 Freehold
property &
Land
£
1,123,338
-
-
1,123,338
204,202
22,467
-
226,669
896,669
919,136		 Fixtures
& fittings
£
593,962
19,539
-
613,501
518,802
18,941
-
537,743
75,758
75,160		 Computer
equipment
£
421,415
1,368
-
422,783
360,713
12,414
-
373,127
49,656
60,702		 Motor
vehicles
£
106,797
-
(46,208)
60,589
106,797
-
(46,208)
60,589
-
-		 Total
£
2,245,512
20,907
(46,208)
2,220,211
1,190,514
53,822
(46,208)
1,198,128
1,022,083
1,054,998

15. Group and Charity Investments

Group and Charity Investments
Quoted investments
Market Value at 1 April 2023
Additions
Disposals
Increase in cash
Service charges
Net investment gains
Market Value as 31 March 2024
Unquoted investments
Shares in subsidiary undertaking at cost
Total
Historical cost of quoted investments		 2024

£
659,942
116,809
(115,535)
-
(7,171)
52,635
706,680
2
706,682
626,567		 2023
£
-
632,421
(11,038)
28,710
-
9,849
659,942
2
659,944
622,100

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 35

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

15. Group and Charity Investments (continued)

Investments at market value comprised:
UK bonds
Overseas bonds
UK equities
UK Property funds
Absolute return
Overseas equities and funds
Commodities
Other investments
Global Investments
Cash
Investments held primarily to provide an investment return		 2024

£

67,273
89,887
93,866

30,274
61,454
252,057

36,753
11,773
41,744
21,599
706,680


706,680		 2023
£
75,976
71,910
117,544
28,264
65,548
188,573
35,143
14,437
33,836
28,711
659,942
659,942

Investments held primarily to provide an investment return

The Charity holds 2 shares of £1 each in its wholly owned trading subsidiary company Granville House Limited which is incorporated in the UK. These are the only shares allotted, called up and fully paid. The activities and results of this company are summarised in note 3.

16. Debtors


Trade debtors
Amounts owed by subsidiary undertaking
Other debtors
Prepayments and accrued income		 Group
2024
2023
£
£
333,984
380,016

-
-
125,499
221,319

459,483
601,335
 Charity
2024
2023
£
£
333,984
380,016
-
(508)
125,499
221,319
459,483
600,827		 Charity
2024
2023
£
£
333,984
380,016
-
(508)
125,499
221,319
459,483
600,827
600,827

17. Creditors: Amounts falling due within one year

Trade creditors
Accruals and deferred income
Taxation and social security
Amounts owed to subsidiary undertaking
Other creditors		 Group
2024
2023
£
£
427,912
368,299
83,946
107,844
33,344
39,735
-
-
16,359
8,249
561,561
524,127		 Group
2024
2023
£
£
427,912
368,299
83,946
107,844
33,344
39,735
-
-
16,359
8,249
561,561
524,127		 Charity
2024
2023
£
£
427,912
368,299
83,946
107,844
33,344
39,735
468
-
16,359
8,249
562,029
524,127		 Charity
2024
2023
£
£
427,912
368,299
83,946
107,844
33,344
39,735
468
-
16,359
8,249
562,029
524,127
524,127 524,127

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 36

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

18. Provision for Liabilities

A provision has been made for the rationalisation costs. This includes redundancy and termination payments and associated legal costs.

termination payments and associated legal costs.
Balance at 1 April 2023
Additions
Balance at 31 March 2024		 Rationalisation
costs
-
129,781
129,781

19. Deferred income

Deferred income comprises service income where terms and conditions have not been met at the balance sheet date.

Balance as at 1 April 2023
Amount released to income earned from charitable
activities
Amount deferred in year
Balance as at 31 March 2024
20.
Group and Charity Financial Commitments
Equipment
Total of future minimum lease payments under non-cancellable
operating leases for each of the following periods:
Not later than one year
Later than one year and not later than five years
Total lease payments recognised in the accounts as an expense		 Group / Charity
2024
2023
£
£
13,469
78,869
(13,469)
(78,869)
611
13,469
611
13,469
2024
2023
£
£

22,032
14,071
52,165
11,944
74,197
26,015
26,066
19,599		 Group / Charity
2024
2023
£
£
13,469
78,869
(13,469)
(78,869)
611
13,469
611
13,469
2024
2023
£
£

22,032
14,071
52,165
11,944
74,197
26,015
26,066
19,599		 Group / Charity
2024
2023
£
£
13,469
78,869
(13,469)
(78,869)
611
13,469
611
13,469
2024
2023
£
£

22,032
14,071
52,165
11,944
74,197
26,015
26,066
19,599
13,469
2023
£
14,071
11,944
26,015
19,599

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 37

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

21. Analysis of Charitable Funds

Analysis of restricted fund movements – Current year

Equipment & Fittings fund
Cheddle Lodge benefit fund
Cheddle Lodge Legacies fund
Wheelers
Stockport Advocacy
CAF
Enthuse
Mary Stanley - Boxing
Total		 Funds at
1 April
2023
£
112,890
95,659
1,140
-
-
-
-
-
209,689		 Incoming
resources
£
-
-

-

510

11,910

95

12
1,549
14,076		 Resources
expended
£
(5,805)
(9,939)

(228)

-

(4,931)

-

-
-
(20,903)		 Funds at
31 March
2024
£

107,085
85,720
912
510
6,979
95
12
1,549

202,862

Analysis of restricted fund movements – Previous year

Equipment & Fittings fund
Peter Harrison Foundation Fund
Support for activities (Covid – staffing)
Cheddle Lodge benefit fund
Cheddle Lodge Legacies fund
Total		 Funds at
1 April
2022
£
119,987
-
-
105,846
1,425
227,258		 Incoming
resources
£
-
5,000
2,446
-

-
7,446		 Resources
expended

£
(7,097)
(5,000)
(2,446)
(10,187)
(285)
(25,015)		 Funds at
31 March
2023
£
112,890
-
-
95,659
1,140

209,689

Description, nature and purpose of the restricted funds

Equipment & Fittings fund

To purchase various items of equipment and fittings funded by grants and donations.

Support for activities To provide various activities across our Day and Locality services

Cheddle Lodge benefit fund

Funds received as a donation from the Overstone Trust used for land acquisition and property improvements at Cheddle Lodge for the benefit of the residents at Cheddle Lodge.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 38

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

21. Analysis of Charitable Funds (continued)

Description, nature and purpose of the restricted funds (continued)

Cheddle Lodge Legacies fund

Funds received as a legacy for the purposes of either maintaining or improving the property at Cheddle Lodge, or for the residents of that property.

Peter Harrison Foundation Fund Funds received towards the costs and the conduct of the Wheelers project. Stockport Advocacy Funds received towards the costs of winter

Funds received towards the costs of winter clothing and spa chairs.

Analysis of unrestricted fund movements – Current year

Designated fund
Non-charitable fund
General fund
Total		 Funds at
1 April
2023
£
2,543
20,844
2,509,540
2,532,927		 Incoming
resources
£
-
-
3,946,557
3,946,557		 Resource
s
expended
£

-
-
(3,841,716)
(3,841,716)		 Gains on
investments
£

-

-
52,635
52,635		 Funds at
31 March 2024
£

2,543

20,844

2,667,016

2,690,403

Analysis of unrestricted fund movements – Previous year

Designated fund
Non-charitable fund
General fund
Total		 Funds at
1 April
2022
£
2,543
20,844
2,454,552
2,477,939		 Incoming
resources
£
-
-
3,650,573
3,650,573		 Resources
expended
£

-
-
(3,605,434)
(3,605,434)		 Gains on
investments
£

-

-
9,849
9,849		 Funds at
31 March 2023
£

2,543

20,844

2,509,540

2,532,927

Description, nature and purpose of the designated funds

Designated funds are where the Trustees have decided to subsidise specific projects for a period of time to provide continuity while future funding options are explored.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 39

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

22. Analysis of Group Net Assets between Funds – Current year

Total
Restricted Unrestricted Funds
Funds Funds 2024
£ £ £
Tangible fixed assets 154,095 867,988 1,022,083
Investments - 706,680 706,680
Cash at bank and in-hand 48,767 1,347,594 1,396,361
Other net current assets - (231,859) (231,859)
Net assets at 31 March 2024 202,862 2,690,403 2,893,265
Analysis of Group Net Assets between Funds – Previous year
Total
Restricted Unrestricted Funds
Funds Funds 2023
£ £ £
Tangible fixed assets 164,268 890,730 1,054,998
Investments - 659,942 659,942
Cash at bank and in-hand 45,421 905,047 950,468
Other net current assets - 77,208 77,208
Net assets at 31 March 2023 209,689 2,532,927 2,742,616

23. Related Party Transactions

The Charity owns 100% of the share capital of Granville House Limited, a trading company incorporated in the UK.

The director N Guy is also a director of Granville House Limited.

The subsidiary did not trade in the financial years following the closure of its retail outlets in May 2015. During the year there were no administration recharges (2023 £NIL) made to the subsidiary. As the subsidiary did not generate a surplus in the year the Charity did not accrue for a gift aid payment (2023 £Nil).

Balances owing (to) the subsidiary at the year-end amounted to (£468) (2023 (£508)).

There were no related party transactions during this year (2023 - No related party transactions).

24. Pensions

The Charity contributes to a defined contribution pension scheme for the benefit of employees. The assets of the scheme are administered by trustees in funds independent from those of the Charity.

Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

Page 40

Notes to the Financial Statements for the year ended 31 March 2024 (continued)

24. Pensions (continued)

In January 2014 an admission agreement was signed for an additional defined contribution scheme to facilitate pension auto-enrolment. The assets of this scheme are also administered by trustees in funds independent from those of the Charity.

The pension charge for the year is £61,483 (2023 £55,029). At the balance sheet date there were outstanding pension contributions of £11,604 (2023 £7,499) included within ‘other creditors’.

25. Grant Funding

Grants received in year ending 31 March 2024 £10,500 (2023 £13,334).

26. Surplus Attributable to the Parent Charity

Surplus attributable to the parent charity 2024
2023
£
£
150,649
37,419

27. Reconciliation of net movement in funds to net cash flow from operating activities


Net Income for the reporting
period (as per the SOFA)
Adjustments for:
Depreciation charges
Income shown in investment activities
Decrease/(increase) in debtors
Increase/ (decrease) in creditors
Gains on investments
Net cash provided by operating
activities		 Group
2024
£
2023
£
150,649
37,419
53,822
56,431
(30,410)
(9,267)
141,852 (131,961)
167,215
(26,608)
(52,635)
(9,849)
430,493
(83,835)		 Charity
2024
£
2023
£
150,649
37,419
53,822
56,431
(30,410)
(9,267)
141,344 (131,933)
167,679
(26,608)
(52,635)
(9,849)
430,449
(83,807)		 Charity
2024
£
2023
£
150,649
37,419
53,822
56,431
(30,410)
(9,267)
141,344 (131,933)
167,679
(26,608)
(52,635)
(9,849)
430,449
(83,807)
(83,807)

28. Analysis of changes in net debt

Cash and cash
equivalents
Cash		 Group
Charity

At 1 April
2023
Cash Flows At 31 March
2024
At 1 April
2023
Cash Flows At 31 March
2024
£
£
£
£
£
£
950,468
445,893
1,396,361
946,913
445,849
1,392,762
950,468
445,893
1,396,361
946,913
445,849
1,392,762