REGISTERED COMPANY NtIMBER: 02744192 (England and Wales) REGISTERED CHARITY IWMBER: 1014270 Report of Ihe Trn8ttes and Fillandal Statements for tbe Ye8r Ended 31 March 2025 for SPRINGBOARD PROJECT (A COMPANY LIMTfED BY GUARANTEE) Plus AcuntIng Chartered Accountants Preston Park House South Road Brighton East Sussex BNI 6SB
SPRINGBOARD PROJECT Conlents of the Flnancial Statements for the year ended 31 Mareh 2025 Page Chalrnwi and CEO Reports Trearer'S Report 2 to 3 Reptsrt of the Trustees 4 to 11 Independent EianthIeS Report 12 Statement of Flnvdnclal Aedvjtles 13 Statement of FIMancial Po8ltloa 14 Statenwit of Cash Flow8 15 Notss to the St4tement of Cash Flow8 16 Nots$ to the Fioanclal Statements 17 to 24 Detalled Stgtemtnt of FiDanelal Aedvldej 25 to 26
SPRINGBOARD PROJECT Chalrn)&n and CEO Reports for the year ended 31 March 2025 Chglr's Report The challenges facing childrw young people and their families show no sign of easi-ng with ever-rising costs continuing to in]pact household budgets, chiIthen's services are stretched to their limits, and global uncertainty CTeates added woThies for the next generation. In the midst of tbi5, the need for safe, supportive spaces for children and youttg people has never been greater and morc crucial. SpringlK>ard Temains at the heart of our Conity. providing vitsl support to children and young people facing anxiety. ment21 health struggles, and the pressures of family fiJJances. With more than three decadeg of experieno sliptIng children and young people with disabilities, we bave built a Teputation as a trnsted and reliable service that families can Looking aherf we are deterned to secure Springboard's future so we can continue to be there for families for many years to come. A key step in this journey will be the refillbishment of Springboard House, eDsuring it is fit for purpose forthe next 8eneT&tion of children who will rely on u8. On behalf of the Bort I want to expres8 our heartfelt gratitude to our incredible staff, volunteers, donors. supporters and partners. Your comrnitment makes everytbing we do possible. and together we are creating brighter, more inclusive tures foz childw young people and their famili¢s. Amy Blkk Chair of Tru8tee8 CEO'S Report Refle£ting on the past year, the strength 8Dd resi]ience of the Child young people and their farnilies has been renurkable. Every person supported highligbts the power of corn1ty. Their individuality is the foundation of our mi&8ioTh De8Pite econonllc prcssures and increased demand for service4 SpriDgboard's pUOse has remained aitical. The organisation has emerged stronger after facing tests throughout the year with record numbers of families Seeking 8SSiStance. The unwavwing commitment of staff, vohmteers. and SUPEK)rters allowed more tsilored sUPIX)rt than ever l>efore. The sUccesSfj lallllch of the Big Refurbishment ¢8mpaign will transforni our centre on Hurst Road in Horsba which WAll significantIy improve our ability to SL4)POrt the fwniltes we serve. Thi8 annual report celebrdtes collective effort. Th¢ following pages show the accomplishments achieved together. While successes are celebratel iv8 also understood that more work is needed. The new year will bring bold plans to expand our Stepping Stones programrne ensure every child and young person with a disability has the support they need to Thank you for being a vitsl part of this cornty. Your generosity and trust n]ake eveT>thing possible. Beth Coley Chief Executive Page I
SPRINGBOARD PROJECT Treasurer's Report for the year ended 31 Mareb 2025 The folEowiDg secti¢)n provides a conwrehensive and trarr of key financial nM)vements. d&ailing Springboard Projeces financial maDagement strategies thTouglK)Ut the preceding year. 2025 2024 Donations 58.630 45,810 12,820 331,253 310,509 20.744 meMbershiActiV1tieS 63,951 56.087 7,864 15.266 18,533 (3267) Total 469.100 430.939 38,161 Totsl income for the year was £469.100, an increase of £38.'161 (8.85 %) from 2024. This year Incon from donation4 LX>DtractslgraDts and member3hipslactivities h&s increased by a total of £41.428 Compar to 2024. Other incom4 such a5 room hire Teduced by £3.267. Contracts end grants continue to k the largest income category at £331253, n)8king up 70.61 % of the annual income (an incre88e of £20,744 on 2024). Donatio havc increased by £12.820 (280/0) this year which is mostty attrlbuted to new corporate donors. Developing the diversity of Springboard's income streams continues to k a focus for the Organisatio to reduce contracvgrant dependence and protection from market fluctuations. Sprmgboard's healthy N)SItio regarding reserves al cash balallc, will help the organisation meet the evolving clwity sector enomiC ¢balknges in the short ternL In order to i* Support children. young people and families living a disability who face challenges due to the cost of living. Expendiiu 2025 2024 Am)ual Raising donations aDd le8a¢ies 1.669 3,968 (2299) Charitsble activities 484.160 341.547 141613 6,087 6.879 (79) 491,196 352.394 139,522 Totsl expendikn for the year wes £491,196 an increase of £139.522 (39.611/0) frorn 2024. This wa8 attnl)uted predominantly to energy efficiency measur¢s at the Hurst Road co)tr4 salary increases to maintait) real living wage principles and, an incr¢ase in service delivcry. The orgatiisation endryj the 2025 financial year with a cash balawe of £436.712 (a reduction of £15.995 or 3.7%) on the final balance of £A52.707 in 2024. Page 2
SPRINGBOARD PROJECT Tr&8surer's Report for the year ended 31 March 2025 It has been a challenging year across the non-profit sector. However. through efftctive financial controls. particularly around the variable costs associat with tivIties, eombined with substantial incoftK generdtion for the yearg Sprlngboard remains in a stable fll)ancial position, despite ending the year witb a deficit of £22,816 (surylus of £78.545 in 2024). IVlJilst Springboard has been able to rnaintain a healthy cash balance, it should be notsd all elenmt of the 2026 fimding is not secura and fimds need to be nwde available if this Incon is not forthcomin& It to)witis crucial 88 we enter 2025126, that finances are ned wlth the same degree of pnden¢e. Rising costs remain an ongoing risk for the charity ard whilst Springboard cao mitigate some costs to a small degree through effective progranm)ing and resource allocation, it is impeJatNe to ensure a Strong fiMKial basis to deal WAth ongoing challenges. The approach to this inchmles strong financial control, a proactive and 5uccessfill approach to income raisin8 alld healthy reservc5. The organisation will need io continue to source funding fiDm varied and diverse revenue 5treanJs and reduce fina18] The Intstees who are 8180 directors of the clwity for the purpose8 of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees bave adopted the provisions of Accounting and Reporting by Charities: Ststement of Recornmended Practice applicable to clwities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}. Page 3
SPRINGBOARD PROJECT Report of the Tru¥tees for the year ended 31 Mareh 2025 Objectlves and Aedvkies Sprtngboard kn been providing services for children. young peopje and their families for over 30 year4 and we pride OUT8elves on delivering a hi8h quality. f[ and inchtsive provision. The following section provides an overvlew of our key services. SEND Service5 We offer supportive youth cb services for young people age &30 years 0] that are equaj to that of their non-di5abled and neirotyical peers, across West Su&sex in Horsbw Crawley 8XMI Worthing. Age &18 Gronps: For children and young people with SEND ag 6-18 yeats IAviDg in Horshall4 Crawley and Worthing we nm SsIoN njn ID Horsbary Crnwley. Worth] and in both the local coininurity and trips further afield. RUnn1t on Salunlays in terni tirne and during school holiday. sessions offtr oprInitieS to socialise. learn life skills, gain independence aDd m8ke friends. Se&sion8 are orgaDised by age and 5UPPOrt required. Age I?0 Groups: For young adults with SEND living in West Sussex. the group meets on & weekday evening during term tim¢ and various fiill days thToUg1t the school holidays in Horsham or Crawley. Sessions foc$ on building life skill4 indet*ndenc4 1&]15]ng End frelittg connected to the conmnlty. Volwiteering and Employablllty: This pathway provide5 one-t04)ne swort for young peopl¢ with SEND to dcv¢lop the Skills and a)nfidence to gain and njaintain a job or volunteering OPPOTtunity. Se5SiOllS take place OUT inclusive centre in Holsham as well as out in the local connnunity and covers tOPiCS Such as bow lo tte a CV, interview technique health and safety at work, professionalism as well as the Oppornty to practise skills in a PTadicaJ way. Llfe Skllls: This pathway provides the opportiinity for SEND young people and adults to further develop their independence. confidence and abilities with everyday life skills, to increase their aspirntion of tiviDg more independently. We offer an eight-week small group programme from our inch1ve centre in Horshw delivfftd by our friendly and sw)portive team. Topics covered include money handling skills, health aThl safety in the kitche planning and preparitig a meal and home skills such as washin& making the bed and keeping your space tidy. Traniitlons and F8nthy Sllpport: Thi5 pathway offers one-tfrone Sllpt for children and young people with SEND when entering a period of transition or family crisis, wch as moving school4 out of education or onty attending for a reduced timetable, nwitsl sephrnti0 moving from cbildrcll to adults, services or in Deed of tsiloml sbort.tern] wport. We offer a six-week progr8n)tDe at our inclusive centre in Horslm Alongside the child or young person and their famity we will work on short tern) goals in a fun, supportive and sbithd way. Famity Fun st10$. Singboard enjoys bringiffig the farnity together for a variety of fun. sensory aod inchL8ive 8divitie8 during key holidays in thc year, such as our Christr[S party and inclusive Sants's grotto. Cooking ses7iDns: There are several different courses and sessions to Supp the preparing and c(Kiking of affordable and nutritious mea]5. Sessions designed to provide a fi]n and supportive 4)ace to develop healthy relationships with fo1. build selfonfIdenc4 ty new flavour4 mea] pla grow indepetMknc4 enhance tearnwork and strengthen problem solving. Stay and Play centre Our centre in Ilorskn is an inclusive play centre designed for fatiiilies with clllldren aged 0-10. where all families are welcome. There are a raDge of play spaces to exploTe and 0y. including soft play. scnsory Too rok pJayldre&8ing up, books. arts and spacioTJs gen with inclusivc. adapted play equipnDE kitchen and accc&8ible chanE facilitie& The centre enables parents to talk and learn from one another as well as encourage children to play with othe. The centre airns to provide families with an inclusive. uttdeg 8nd supw>rt?ve environ( also providing infornwtioo guidance and sigDP05ting to other organisations. Sprin8boaTd continues to be a Wami welc0D space, wbere families are able to acce&s a frffj warn4 safe and welcom1 pl¢ during a weekty Stay and Play sessioJ4 wAth a free hot drink Page 4
SPRINCBOARD PROJECT Report of the Trustees for the year ended 31 Mareh 2025 Cart Packages Following on from oveTrthe]ming po8itiv¢ feedback from familie8 we have ¢ont]Elld to provide ChristtDa6 Care packages and a donation station, all year round at our HorslTram centre, in response to the cost-of-living Crisis. Sworted by donation especially those frorn the Hygiene Bank and Pircolo Foods we are able to Provide toiletries. healthy baby al children's toys and books for free. Page 5
SPRINGBOARD PROJECT Report of the Trustees for the year ended 31 March 2025 STrATEGIC REPORT Achlevements and pvfornunce Springbord's Viyion A World of e4W81ity where all disabled cbildre4 yow people and tbeir families are able to reach their full potential. Springboard'$ M155iOD - Facilitate and offtt advice and sUPPOrt to disabled children, yowig pwplc and their familie - Create environments and deliver service8 that develop id&ttity and build selfst¢enL - Advocate and raise awareness on disability and the batTiers associate(L - Enbance the physical and emolional wellbeitig of di57bled children, young pwle and their familie& SpriDgbo&rd's Valu Springboard has five core values thich guide our actions and behaviours. We are: Fun: We believe that you Are able to achieve greater outcomes when people feel go about and enjoy themselv&8. P8sslooate: We believe by sUPPOrting indivilthwls we are able to create indedenCe and enable people to reach their potenlial. Inejuslve". We believe that evttyone regardless of their disability. need and background should be able to access high quality services and facilities. Caring: We believe in listening SUPPOrting and responding to each person'8 individual ne&Js aDd circur. Adaptsble: We believe personalisel flexible services and approaches help develop choice, voice and opportimity. Aeblevenmt and Performance Thzoughout the year Sinsi%)ard continued to provide vitsl services to childrw yoww people and their familie& As well as working to driv¢ the long-terni su8tainabilty of Springboard for fijtlwe generations. We hieVed 13,136 chtldw young people and parenvcarer VISI Thts inchules: - 10,227 visits to inclusive stay and play sessions - J,679 attcndees at our Short Breaks for cbildren atKI young pcople wAth additional needs - 1,121 attendees to our Stepping Stones services for children and young people with additional Deed5 - 109 attendees to our family events As the turbulence and uncertainty that stemmed frorn the covid-19 pandemic 18 distance4 it is becoming more apparent just how many of customers are exwiencing material deprivation challenges amplified by the coStf-1jV1tig crisi& The demand for our services 18 becoming more and more proti)itient as we strive to continue to support families. The following section demonthtes Springboarfs perfonr and higmights bow we have firthered the organisation's mi5SiO Sbort Breaks As part of the West County Council IWSCC) Short Breaks CODtracL Springboard delivered 7,237 sl0n hours for 276 children. This is an illcrease of 1.087 hours since the previous year (2023124). 1)¢spite the increase, we re(x)gnise the number of S8108. and their frequew rernain insufficient for fami. We continue to pursue fi fimding to these sessions more frequent for families in respoDSC to their feedback. Our famili have sai(L "Wetre so grateful for the com[CatiOn and transprncy throughout the pr. We always know where we st&D and the tearn keeps us informed every step of the way. Itttally hdps us feel at e., - Th supp)rt IS been IedIble, and We seen positive changes in our child¥ development thanks to thc services provideit w¢e so tlwlkful for all the resources and assistance wee received-it's made a big difference in our liveL' "The team is compassionate. profession81. and ahvays willing to work with us to fiTrl the best 801utions. Tt's clear they genuinely care al1 the familles they swor( and we feel very fortunate to have their help." "We have alwa felt like we were in good handq. The services bave been vcry respoThsive to our need4 and we Seen real progress. TbADk you for always king there for our farnilyvthen we neded it most." Page 6
SPRINGBOARD PROJECT Report of the Trustees for the year tnded 31 March 2025 St4y and Play Our incbjsive centre continues to welcome familie4 with well attended se&8ions from not only local families but across E&8t and West Sussex. tn 24125 there were IOJ36 visits to our inclusive stay and play sessions and farnly events. We bave developeil our free, themed Crnft and play activitses througbout the year to provide fillther greater oppcftuth within the GEDtre and utilise the garden space better. This has bcen driven by staff with support from our VolunteeTiDg and Employdbility students, researching activities that are fun and devek)p fine aDd gross mott)r skills. It akn inchth8 themed Halloweefy Christsnas and Easter acttvities which add to our stay and play offer. removing the financial barrier to acccssing such events, gtving all families the Cha to mcet Father Cbristmas and create special menMwie5. For World Book Day and Halloweeffj we proallrted the lending of our adapted and ]lUSive fancy-dress costumes to fauiilie4 reducing the financial pressures that day5 like this can bring. We were joined by a Senior d¢ntsl Nutse forni the Sussex con)mty NHS Tnlst vtho 8h8red tips on oral hygiene. provided free Tesources to families and ve great tips for supporting children with SEND on how to bnlsh their teth. Last year we introduced the Wann Welcome, ses8ion8> giving those that c(JJld benefit from a free Stay and Play session chance every Friday during tem time. These se&8iong WthE well attended, so we have continued to offer this 48 pennanent session every Friday. We have seen a rise in lower inconLe families accessing our Stay and Play service4 so we mdeavour lo continue to 5UPPOrt thern the best w¢ can. Stepplng Stoney Building on the first 18 month8 of this prOgrarnn, sign up of these services o)ntinu¢s to grow. From September 2023-24 the COn)muty pathway delivered 2,211 hour4 WAth 523 attendawes by children and yOUDg people across 138 sessions. ID the Volunteering and EmployabiIity pathway all 35 young people recorded an increase in their self-estee knowledge and understanding of the Workplace. 78 percent gained fillther work OT volunteering experience, ft education or gained eMploent. Twenty-three young people attended the LifeloDg Learning pathway across five separate programmes lotalling 520 hours delivery timtr. 96 per cent of yoww people noted an increase in their confidence to cany out tssks at home. Finally, during the Transitions 8nd Family Support pathway twenty cbildren and young people were supported in reducing feejiags of isolation and strengthen their overall mentsl 2nd wellbeing. Feedback from families. "Sprtngboard is a lifeline for ow family" it gives my SEND Child tirne with bis peers and opportunities to ty activities that are not alway5 open to him as they are other childTen. It also gives our family to do things we cantt do when he is with us and give our other Child time with her paYeDts without us being distracted by looking after our s(In." "We were so happy that OUT 50n felt happy eTr)ugb to attend the sessions, the staff mad¢ bim feel so welcome. This is the first time h? has attended services without Us for 2 fewyeays now." "Our lId ha5 been struggling in school Jrccntly. He is having entional outbursts and is unable to explain why. After working with the tew he has t]ourished. He is much happier and confident in hiniself. which school have also commented on. It has been a Sat service foT our child to be a part 0£. Care p2ckaEes and donyltlon statlon Due to the generosity of the local comnllmity, for a third year nlmiing we were able to offer Wellbeing WisbD]a8 pack4ges for local fan)Élies containing a selection of cleaDi-Dg product& tojletiies. blLnkets, hot water bottles. cold weather clothing. toys and age specific fftS for the childraL We continue to work closely with the Hygiene baDK Nestl¢ and Piccolo Foods vtho provide es$entials item8 for our doDation station, available to everyone who attends th¢ centre. Publlc Benefit Reporting The tn¢¢8 coDfirni that they have cojllplied with the thity in section 17 (5) of thc Clwities Act 2011 to have regard to the Clwities Commission general guidaace on public health, 'Charities and Publi¢ Benefit '. The treS bave tsken due rcgard of the Cknty Con]mission's guidance on publi¢ Ixnefit wbilc setting th¢ objectives and reviewing the activities of the clwity, as detailed above.
SPRINGBOARD PROJECT Report of the Trn8tees for the year ended 31 Mareh 2025 Research and Developmettt There has be¢n a great erobasis on inwroviDg our c0mlltion and accessibility acmss all servitts. This has invoIved reviewing our saftguarding PTacti¢es to be more incIS1V< wecially for Childr and young people. Around the Ctre there are posters Showing you can talk to if youk feeling woffied an4 for those F¥tho do not feel they can express this directly, the poster has a QR code that takes them to a v¢ry simple online fornL We have also designed a Makaton-friendlyversion. 88 well as itiforttlation Teference car&8 for oll staff and volunteus to kw alongside their name The core team have completed both Makaton Level l and 2 and are embedding this into every servlce in the charity. Springb08rd bave joined the tOn Aware, scheme and improved signage around the ¢entre. This is supported with bespoke conmll)rri¢ion aids for 8tsff lanyards and ullt down boards with lights. We had 3 Succefi SEND coffee moming8 for parentlcarers which were started in earty 2025. The 8¢SSiOL8 have been well attended and are with staff members alongside volunteers with a different theme each session. Blg Rehrbhbment In March 2025 we launched the Big Refurbishment campai811, to renovate our Hurst Road building. Despite the charitie8 ethos of inclusivity this is not refiected in the buildi with narrow doonvay4 tight tiirDing circles and a higb-level reception counter. ]n additio rooms on the fst and Send floor are not well utilised. We are looking for a better way to use the space so that everyone can emioy the services on offer and increase ow service delivery c8pa¢ity. We will also turn our attention to incre&8ing the garden play value. Over the years different sections of the garden have received investment. This has resulfyj in a disjointed play area with poor flow. We ate workitig to redesigo the outside space. providing an enricbing space in natur In the ye&r, we were able to carry out several eft)ergy efficiencies totalling fA6.676 which included, solar pancls, air souwe heat pump, double and secondary glazi trickle vents, cavity waIl Insultatio loft in8ultstioJ4 thennostati¢ radiator vaIves and floor insulation. FiJJAnctsl review Reserves poll¢y There are a variety of dIffellt income streams including contracts. and donations. Although they are not new approaches for the organisatiots, fi]ndiDg is not guarantsed beyond the medium terni and are therefore ¢ollsidered a risk by the board of trustees. Therefo sufficient re8erv¢s mitigak against potential fluctuations and ensure SpringboaTrTs charitable objectives can b¢ EIntaIned should the charity be required to close. Durtng this time, SpringFwd wish to ewure the obligation to disabled children, young people and their familie4 as well as the wider nlty, 18 met if existing sources of income are not secured. Should there be an unexpected income shortfall the board hos considered the reserves to fimd fjjtwe operational projects and nJaDage operational risks. Tlwefore, cal¢ulated Teserrfes stattd at £245,124 (6 monts of 2025 exwditu on clwitable xctiwtses). This duration is to cover st8ffiD& redundaw and transitioning usm to new services. The tDJ8tee board also Teco8nises Springboard's services can be capitsl intensive, with or our charitable activities requiring the use of venues and in particular Springboard's Horsharn pr&nise$. Whilst the building works for the refirbishmcnt are tsking pl, funds are Deeded to cover external room bire to n)aintain serYi¢es. The r&serS will and can only be built up from the UDrestri¢tsd iDcome. The level of reserves vrill be calculated and D)ODitored every 3 months by the treasurtr, with financial assistance if require and be ptesented and discussed by the truste¢ board. This policywill be reviewed yearly (review dats within the policy) and en there aTe signifiCtt change Page 8
SPRINGBOARD PR(XIECT Report of the Trll8tteJ for the year ettded 31 Mareh 2025 Governing doellment Thc organisation is a cbaritsble company limited by guarantee, incorporated on I September 1992 and Trgistered as a charity on the Same date. The company was established under a Memorandwn of Association which estsbjished the objects and POTS of the cIltable company and is governed undtt its Arti¢le5 of Association. hL the evenl of the COUAnY being wound up members are required to conthl>ute an amount not exceeding £1. Recruitment ind appointrnent of new trnstees The directOTS of the company are also chaTity tn]stee8 for the purposes of charity law and under the compa8 Arlicles are known as mernbers of the BoaTd of TnL8tees. Under the requir&nents of the Memorandum and Articles of Association the members of the Board of TnL8tees are elected to swve for a period of three years afier which they must be re-elected. All trustees gave their time voluntarily and received no benefits from thc chaTity. TnL8tses meet every two months to review Strategy and set irnplementation plans and budgets. Sub-groups may be called prior to meetings rf need and make recommendation5 to the Trnstre Board. Organl8atfionAI strutture Our trustees come from a variety of professional and perwnal backgrounds relevant to the work of our charity. The TnteeS delegate the day-to-day responsibilities for the provislon of all operational activities, finances aDd fundraising to the CEO. The CEO in turn is responsible fot eLsuring that the clwity delivers its front-line services and ensures that our aIll, objectives and OutconS are nt as key perforntse indicators. Thc Heads of Service bavc responsibllty for the day-toJay operational management of their localities, engagement with their local communitie4 individual supervision of their staff team. Ensuring st&ff and volunteers develop their skills and worlang practices to provide tbe possible experiences and opportunities for all customers. IDduetl(m And trllning of llew trultees New trustees are recruited based on the skills and expertis¢ needed by the cPrity. All tnthes are given training on governance and the responsibilities of being a ttitstee. An induction pack is given to all new trustees Mthich includes: - Obligations a5 a ttustee and company director - Attendance and participation in board meetings - Constitittion TnL8tee Codc of Conduct - Trustee Guide]itLes - Busine&s plan . tAtest accounts of the clwity - Charity Conmission publication- The Essential Trustee: What you need to know In addition. trtee$ are encouraged to uplate their knowledge with newsletters from Charity Commission and to att¢nd coutses designed to keep them abreast of tbeir dulles and responsibilities. Rtsk Dunagement The Board of Trustee8 is responsible for the manag¢llnt of the risks faced by the Charity. A risk register is in p which is reviewed by the Board. All areas of potential risk are fully dis¢ussed at trustee, meeting5, Vrith sy8tems and proc&1 establisbed to mitigats and manage those risks. Systetrts. controls and procedures include stratsgic planDin& budgeting, g0venW stnLCtuff attd lin¢s of rertI fon11 written policies (regularly reviewed and added to). authorisation and 84pproval levels. Forn)al agendas and m[Du 8r¢ tsk¢D to accompany SLwiorling documents for Injstee meetings and the Th]stee Safeguarding ad ¢arrie5 out a Safe8uarding audit vAJi¢h forn part of an annual review. Page 9
SPRINGBOARD PROJECT Report of the Trnstees for the year ended 31 March 2025 STRUCTURE, GOVERNANCT AlD MANAGEMENT PAY policy The pay of all stsff is reviewed arnually and any pay increase OT rise in increment is made where the organisation can afford to. Independent review of salaries and I(al salary levels are soWit wheye apprnpriate. A transprnt salary banding document diotstes Nvhich balld staff are ir4 and the increments that can be attained. Stsff may be paid additional increments or bonuses for skill4 qualifi¢atior4 ¢hanges in legislation or service achievement with arnent from the Chair aDd Tre&8urer. The salaries of the CBO, and any post W}e there nmy be a Confiict of interest are set by the Chair aThl Treasurer with input frorn others 88 needed. Enwloyee5 And Volunteerg An enthusiastic staff team and fantastic voluntem underpin the ¢haTity. At the end of Marob 2025, the chrity employed five fidl time staff, and five part time staff. The charity a180 employs 18 sc5sional staff who $1St with the peaks and demands of charitsble activitie8 and service delivery. As of March 2025, there were 45 regular volunteers. vA)o foTm a vital and much valued part of the charity, helping to ensure the effective delivery of services, maintsin Springboard ho¢ and support at events. After a full year of the VoluDteer Coordinator in pos¢ not only bave volunteer number grown slfiCantlY. but the variety of volunteering roles bas increased. This has becn especially noticed througb developing our litiks with local colleges and businesses. Our Work experiewe programnK has been reviewed to provide rnore regular opportunitie5, and we have introdu¢ed a supported work experience service for young people with SEND through our Stepping Ston PTo£ramme. These developnIts were celebratsd alongside One young person Winni the Pemtsnent Smile Award at Horsham District Cthmcil's Volunteer Awards. Registered Company number 02744192 (England and Wales) Rewtered Charlty number 1014270 Reglstered offlee Sprlngboard House 52 Hurst Road Horsham West SwAex RH12 2EP Trll5tees A Vallon R J Church D Lethbridge J CaTnie A Blick S Pritchard J S Wi180n (appoint l6.7.24) Independent Examiller C Morey FCA ICAEW Pl8 A¢¢ounting Preston Park House South Road Brighton East SusKx BNJ 6SB Page 10
SPRINGBOARD PROJE Report of the Tntee8 for the year ended 31 Mfirch 2025 ort of the trtees, incorporating a slrdtcgic rq approv by onler of th¢ board of trustecs, as the comp directors, on 24 Septsmber 2025 and signed on the board's b¢half by: A Blick- Tntee Pagc 11
Independent Examiner'o Report to the Trusteey or Sprlngboard Projeet Independent examlner's report to the olsprlngboard Projeet Cthe Company.) I report to the ¢lwity trustee8 on my examination of the ac¢ounts of the Compsny for the year ended 31 March 2025. RespO81b111deB and basls of report AS the Charitys ttustee5 of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance WAth the rquirenlents of the Companies Act 2006 (*be 2006 Act). Having satisfied myself that the Oullts of the Company are not required to bc audited under Part J6 of the 2006 Act and are eligible for independent examiltio I report in respect of my eXattiltion of your charitys aOnIS as carried out under Section 145 of the Charities Act 2011 {'the 2011 ACV). In carrying out my examination I hAvc followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent Anler'S itatement Since your charitys gross tncome exceeded £250,CW your examiner must be a member of a listsd body. I can confirni that l am qualified to undertake the exaMition because l am a member of the Instifute of charter Accountants in England and Wales, which is one of the listed bcxlies. I have completed my exarnitiation. I confJrn] that no have corne to my attention in comiection with the examination giving cau8e to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Acl" or the accounts do not accord with those records. or the aCllts do not cornply with the accounting reqUirejn of Section 396 of the 2006 Act other tball any requirement that the accounts give a true and fair view whi¢h is not a matter considered as part of an independent examination. or the accounts have not been prepared in aCcdanCe with the methodB and principles of the Ststement of Recormnended Praotioe for accounting and rertIng by c]Jarities (applicable to eh&rities preparing their accounts in accordance with the Financial Reporting StaIard applicable in the UK and Republic of treknd (FRS 102)). I have no concerns and bave come acmss no otber n•tters in ¢onllection with the examition to which attention should be drawn in this report in order to ellable a proper understanding of th¢ accounts to be Teached. C Mory FCA ICAEW The Institute of Chartered AcwuDtants in England and Wale8 Plus Accounting Preston Park Elouse South Road Brighton East Sussex BNI 6SB Dats: ...1.7....o.&&r-..2carf Page 12
SPRINGBOAIID PROJECT ststemeDt of Flnanelal Attlvldes (Incorporathg An Illcon and Expendlture Account) for the year ended 31 Mareh 2025 2025 Total 2024 Totsl Unrestticted Restricted INCOME AND ENDOWMENTS FROM Donations and legacie8 137J27 252,556 389,883 356,319 Charltab]e activitles Income on Clritable activities 63,951 63,951 56,087 Other trading activities Investment income 679 8.587 6.679 8J87 12,820 5,713 21&544 254556 469,100 430,939 Raising funds 1,306 363 3.968 Charffitable actlvj Income on thtable actsvities 175AII 314,836 490?47 348.426 Total 176,717 315.199 491916 352,394 NET INCOMEIIEXPENDITURE) 39027 (62,643) (22016) 78.545 RECONCILIATION OF FUNDS Totsl limds brought forward 489094 143,501 633,395 554,850 TOTAL FI]NDS CARRIED FORWARD 529,721 80,858 610,579 633,395 The notes forn) part of theBe financial statements Page 13
SPRTNGBOARD PROJECT Sttennt of Flnanelal Poyltion 31 Mgrcb 2025 2025 Totsl funds 2024 Totsl fjjnds Unrestricted Restricted fLmd fimds Notss FIXED ASSETS Tangible assets 13 14A130 37,716 183,846 164,720 CURRENT ASSETS Debtors Cash at bank 14 8110 436,712 23,725 452,707 393J68 43,144 394J68 43,144 437,512 476.432 CREDoRs Anwunts falling due within one ye&r 15 (10,777) (2) (10.779) (7,757) NET CURRE1 ASSETS 381591 43,142 42fj733 468.675 TOTAL ASSETS LESS Ci]RRENT 529,721 80.858 610,579 633J95 NET ASSETS 529,721 80,858 61ffj579 633,395 Ft]NDS u¢strICted funds 16 529,721 80,858 489.894 143.501 TOTAL FUNDS 610,579 633 J95 The charitsble ¢ompany 18 entitled to exen]ption from audit UTMkr Section 477 of the Compani¢s Act 2006 for the year ended 31 March 2025. The n*mbers have not required the ¢ornpaoy to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Se¢tioD 476 of the Companies Act 2006. The trustees acknowledge their resN)Dsibilities for (a) ells1 that the ¢h8ritable compaDy keeps accountin8 records that compty vrith Sections 386 and 387 of the C(panieS Act 21K16 and 0>) prqjaring financial Statem thich give a true and kn view of the $tst¢ of affairs of the charitable company as at the end of each financi ye&r and of its surplus or deficit for each finan¢ial year in cOrdanCe with the requirements of Sections 394 and 395 and which otherwise comply with the requirats of the Compani&8 Act 2006 relating to fmancial statement& so far as applicable to the charitsble CoMpy. The tsncial statements were approvcd by the Board of Trustees and autbotiscd for issuc OD 24 September 2025 and were signed on its behalf by; A Blick. Tn The notes forni part of these financial statem Page 14
Statement of Cash Flo for the year ended 31 March 2025 2025 2024 Notes Cash nows from operating gctfvitles Cash erated from operations 13J69 102211 Net Lxsb provided by operating 8ciivtties 102211 Cash llows from Inve¥thig a¢dvltles P of tangible fixed assets Interest received {38051) 8,S87 (3,554) 5,713 Net cash (used in)/provided by investing activities (29.464) 2.159 Change in cash and cash equlvalents In the re)rtIng period Cash gnd cash equivalents at the beginning of the reporting period (15995) 104J70 452,707 348,337 Cash gnd cub equlyalents at the end of the reportiDg perffiod 436,712 452,707 The notes forn part of these financial statements Page 15
SPRINGBOARD PROJECT Ntstss to the Statellt of Cash Flow8 for the year ended 31 MArch 2025 RECONCILIATION OF NET (EXPEFIDITUREy]NCOME TO NET CASH FLOW FROM 2025 2024 Net (expenditureylnconx for the reporting perlod (as per the Statement of Flnantlal ActAvltles) Adjustments for: Depreciation chargeB Interest received (22,816) 78,545 18925 10,520 (5.713) 17,611 Incrcase in creditors 22,925 022 Net cash provided by operations 13,469 102211 ANALYSIS OF CHANGES IN NET FUNDS At1.4.24 Cash flow At 31J25 Net eayh Cash at baDk 452.707 (1SJ95) 436,712 454707 (15.995) 436,712 Total 451707 (1S995) 436,712 The notss forni part of these fmancial statements P8ge 16
SPRINGBOARD PROJECT Noteg to tbe Finandal Stattments for the year ended 31 Mareh 2025 Acco[]rING POLICIES Basis of preparlDE the finall1 stgtements The financial Statellnts of the charitable cornpany. thich is a public benefit entity under FRS 102, have been prcpared in accordaace with the Charittes SORP IFRS 102) 'Accounting and Rep)rtiDg by Cbarilies: Slatenmt of Reconrnded Practice appjicable to clL8tities preparlng th¢ir accounts in acc4)rthe with the Financial ReltIng Stsndard applicabk in the UK atKI Republic of lTeland IFRS 102) (efft1ve l January 2019)., Financial Reporting Stsnd8rd 102 The Financial Rep(ltig Standard applicable in the UK and Republic of Ireland, and the coMpweS Act 2006. The financial ststeD)ents have been ptepared under the historical cost conventio The presentstion curr¢w is tbc Pound (£) Sterling. Imcome All income is rec0SlSed in the Ststernent of Financial Activitie8 once the clwity ha$ entitlement to the fiumts. it is probable that the income will be received 2nd the anUnt can be rneasu reliably. EwJ)dlthre Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation con)mitting the charity to that exalture, it is probable that a tr8nsf¢r of eeonomic benefits will be required iti settlement and the amount of the obligation Can be Measu reliably. Expenditure is accounted for on an acCn5 basis and has been Classifi under headings that agyegate all Gost related to the cate80ry. Where costs cannot be directly atiributed to particular headings they have been allocated to activities on a basis CODSiStent with the use of Tangibk fixed 2ssets Tangible fixed assets are inittally meAsured at cost atKi subsequently Measlld at cost of v&hlltiO net of depreciation and ary Impaint losses. Depreciation is provided at the ft)Ilowing rdtes in order to write off each &4set over its use1 life. Freebold buildings Fixture4 fittings and equipntnt Motor V¢hicl 2Yo r¢r aoTllrn on cost 10 . 330A per atmum on cost 250A per annum on cost T2x#tion The charity is exernpt frorn corpordtion tax on its clwitable activities. Fund aCCOUDthig Unrestricted funds CID be used in &COrda with the clwitable objectives at tbe (liscreti of the tnthes. Re8tri¢ted fimds can only be u8ed for partiGutsr re8tri¢ted purposes within the objects of th¢ charity. Restriction8 ari8e when specified by the donor or when 8re raised for particular restricted purp08e& Fwther explanation of the nature and purpose ofeach fund is included in the notes to the financial statements. ire pvrcha8e and leaslng tomDthmeDts Rentsls paid under operating leases are charged to the Profit and 1055 account on a straigbt line basis ovw thc period of the lease. Page 17
SPRJNGBOARD PROJECT Notss to the FID8nclal Stattnwits- tonthiued for the year ende4131 Mareb 2025 DONATIONS AND LEGAaES 2025 2024 Total funds Unrestricted Restricted funds Donations Grants receivable 54.1134 83?93 4J96 247960 58,630 331253 45,810 310,509 137a27 252,556 389083 356.319 2025 Total fundB 2024 Totsj Unrestricted Restricted Room Hire 679 679 12.820 2025 Total 2024 Totsl Unrestricted Restricted funds Interest 5,713 INCOlkiE FROM CHARITABLE ACThVIThS 2025 2024 Income on charitable activities activities Activities Membership 6ffj222 50,794 5293 63951 5Q087 P88e 18 ¢ontinu¢d...
SPRINGBOARD PROJECT Notes to the Flnancfial Statements- eontinued for the year ended 31 March 2025 Ralslng donatioRs lind legaclts 2025 2024 Totsl Unrestricted Restricted nds funds Travel Publicity 1,626 2,342 342 363 705 iJ06 363 1,669 3,968 CBARTfABLE ACTIvfTIES COSTS Support costs (see note 8) Direct Costs Totsls Income on charitable activities 484,160 087 490,247 SUPPORT COSTS Governance costs Income on charitable activities Support costs, included in the abov4 arc as follows.. Governance costs 2025 2024 Income on cl)aTitable activities Total activities A¢countancy fees I£gal fees 4,483 1,604 4,719 2,160 6,9 NET INCOMFJ(EXPEYJ DITiiRE) Net inwme/(expeDdiiur¢) is stated after rhaTgin81(crediting)'. 2025 2024 18,925 10,520 Page 19
SPRINGBOARD PROJECT Notej to the Flnancfial Stattments- contlnued for the year ended 31 Marth 2025 10. TRUSTEES, REMUNERATION AIW BENEFITS No member of the board of trleeS receives any remuneration or benefits or re]nurseMent of expenses. There wae no tnkns, expenses paid for the year ended 31 March 2025 nor for the year et)ded 31 March 21)24. STAFF COSTS ii. 2024 2023 Wagffj Salaries and social Security 214,008 224.113 The average nmmthly numlw of employees during the year was as follows: 2024 FTE 2023 Direct charitable activity 13 No employee received enlUrnents above £60,(K)O during the y. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVTfIES Unrestricted Restri¢ted Total INCOME AND ENDOITrVIENTS FROM Donations and legacies 105.611 250,708 356319 Chgrltable Aetlvlties Income on charitable activities 53,893 2,194 56.087 Other trading activities Investh)ent incorne 12,820 5.713 12.820 5.713 178,037 252.902 430.939 EXPELuRE ON Raising fimds 2,529 1,439 Charitable attfvitles Income on charitable activities 126,748 221,678 348,426 Totsl 129,277 223.117 352,394 ET INCOME 48,760 29.785 78,545 RECONCILIATION OF FUNDS 441.133 113,717 554,850 TOTAL FUNDS CARRIED FORWARD 489,893 143,502 633,395 Page 20
SPRINGBOARD PROJECT Notes to the Flnandal Staten*nts- eonthiued for the year ended 31 March 2025 13. TANGIBLE FIXED ASSETS Fixtures Motor vehicles Totals COST At l April 2024 Additions 214158 30932 4051 54450 581440 3&051 At 31 March 2025 216,158 347,883 $6AS0 620,491 DEPRECIATIOIY At l April 2024 Charge for year 69.169 1882 292JOI IA043 56.450 417,720 1&925 At 31 March 2025 72.051 30&144 SA450 436,645 NET BOOK VALUE At 31 March 2025 144.107 39,739 183.846 At 31 March 2024 146,989 17,731 164.720 Included in cost or valuation of land and buildings is freehold land of £72.053 which is not de181¢ DEBTORS: AmOUs FALLING DUE wrrHIN ONE YEAR 14. 202S 2024 TTade debtor8 Other debtors 22.925 800 23.725 IS. CREDITORS: AMOUNTS FALIJNG DUE WITHIN ONE YEAR 2025 2024 915 4A79 S285 Social secwity and other tsxes 520 3.8 4,229 10,779 7.757 Page 21 continued...
SPRtNGBOARD PROJECT Notes to the Flnanclal Statements - Continued ror the year ended 31 MArcb 2025 16. Net At 1.4.24 At 31.3.25 Unrestrlcted funds General fimd 489W4 39J27 529,721 Restrkted fund8 C41itsl works West Sussex short breaks Crawley House Worthing 6-12 short break8 Siepping Stone8 13JlO 75J47 254 30,235 (69.604) (IA54) 44,145 5943 4,800 7,063 18.907 40,727 (21,820) 143AOi (62,643) 80058 633J9S (22016) 610,579 Net movernent in funds. included in the above are a8 follows: knm2D8 Resourc¢s Movement Unrestrieted fvnd8 General fillid 216J44 (17fj717) 39027 Restrlctsd hnds Capitsl works West Sussex short break8 Crawley Howe Stepping Stones 55,110 92.407 {24.875) (162,011) (IA54) (126J59) 30335 (69,604) (1.454) (21J20) IIIW9 252,556 (31S.199) (62,643) 469.100 (491.916) (4816) Page 22
SPRINGBOARD PR(XIECT Notes to tbe FfinanclAI Statements- eonthiued for the yr ended 31 March 2025 i& MOvEmEr IN FUNDS . eontinlled ComparAtive$ for nwvenknt in fund& Net At 1.4.23 in funds At31.324 Unrestricted fvnds 441.133 48,761 489,894 Capitsl works West Swsex Short breaks Crawley House Worthing 6-12 short breaks Siepping Stones 9,058 47.906 7,708 7,063 41,982 4,852 27,641 (1,454) 13,910 75.547 6254 7.063 40,727 (1,255) 113,717 29.784 143,501 554,850 78,545 633 J95 ComFarntive net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in fuDds Unrestrlcted fuDd8 Ger21 fund 178,037 (129276) 48.761 Restricted funds Capitsi works West Sussex short breaks Crawley House Stepping Stones 7.194 141.848 (1342) (114207) (1,454) (105,115) 4.852 27.641 (1,454) (1,255) 103,860 252.902 (223,118) 29.784 430,939 (352,394) 78.545 The capital Works fiThl Tcpresents a desi1a1ed fimd locked up in fixed assets lch are needed for operational PU1&e& at theirnet book Vah as at the year end. The lift project represents amounts receivedlexpertded on the constrnction of a lift at Springboard HO¢. The Sutton and West Sussex SI break8 fimds rq)resents the amounts rcc¢ived to 8UPPOrt the charity to n specific program for young disabled people. The Wortbing 6-12 short break8 ftsnd represents the amouots received for respite care for children aged &12 years oId disabilities in the Wortbing are The Sustainability and Development fid represents the amounts received for org8nisation fundraisiDg and the development of services. Crawl¢y Centre fimd represents the amounts receivedlexpended in order to provido a wond facility from which to expand the availability of the projects worL whilst the CTawley Centre has c108ed the assets included within this reserve were tJ3nsfened to the Horsham site. Page 23 (x)ntinu¢d...
SPRINGBOARD PROJECT Notsi to the Finandal StateDnts - continued for the year ended 31 March 2025 16. MOVEME IN FUNDS- eontinued General Fund.. Reserve . The 8enernl represents the Det assets of the CIMrity that are not Testricted to specific puTpDs¢s. 17. RELATED PARTY DISCLOSi]RIS There were no relatsd paty traD8aCtion8 for tbe year end 31 March 2025. 18. ULTllKATE CONTROLLJNG PARTY For both the current period 8nd the previow year. the ch8ritsble coJJyanyw&s under the control of the tnL8tee& Page 24
SPRINCBOARD PROJECT Detalled Ststement of Finandal Aedvltlei ror the yegr ended 3J March 2025 2025 2024 YCOME AND EI¥DOWMENTS Donallons legades Donations Grants receivable 58ffj30 331353 45,810 310.509 389083 356.319 Other tradlng actlvfitkj Rcrf)m Hire 679 12.820 Investllt income Interest 8,587 5,713 CharAtable athtles Acttvities Membersbip 60222 3,729 50,794 5,293 63951 56.087 Totsl InconDE r¢Vre¢S 469,100 430,939 R*i8iDg donath)n8 and leggele8 Trdvel Publicity 964 705 1,626 2.342 1,669 3,968 Charlt8ble aetivitieg Salaries & National insur Activity schemes Staff training atMI recruitment 354A44 12,729 10,160 26,825 28.767 24,982 7,328 18,925 255,856 9,403 6,620 5,765 25.327 23,416 4,639 10,521 Utiltties & Insurance Office costs Trdv¢I Depreciation 484,160 341,547 Support tO8ts Governance costB Legal fe&1 4,719 2,160 1,604 6,087 6,879 This page doe8 not forni part of the stathtory fllwicial statem Pase 25
SPRINGBOARD PROJE Detalled Statenxnt of Flnandal Aetfvld for the yexr ended 31 Mar¢b 2025 2025 2024 Totsl resources expended 491J16 352.394 Net (expeDdlture)fc0mt (22.816) 78.545 This page does not forni part of the stabttory financi statents Page 26