REGISTERED COMPANY NUMBER: 02772286 {England and Wales) REGISTERED CHARITY NUMBER:1016182 REPORTOF THE TRusfEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR IDEAS PLUS Mayor. Cuttle & Co Chartered Accountant5 Aquarium. Suite 7b 101 lower Anchor Street CHELMSFORD Essex CM2 OAU
IDEA5 PLU5 CONTENTS OF THE FINANCIAL sfATEMENTS For the year ended 31 March 2025 Page Report of the Trustee5 Ito7 Report of the Independent Auditors 8tolO Statement of Financial Artlvities li Balance sheet 12 Cash Flow Statement 13 Notes to the Flnanclal Statements 14to22 Detailed Statement of Financial Activities 23
IDEAS PLUS REPORT OF THE TRUSTEES for Year Ended 31 March 2025 IDEAS PLUS REPORT for the Year Ended 31 March 2025 The trustees who are also directors of the charity forthe purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019). Objectives and Activities Objects of the charity-. 'Idea5 Plus Is established to relieve need among and advance the education of disabled people by providing or assisting in the provision of vocational training, enabling such people to acquire skills, the possession of which will assist them to obtain employment or otherwise become self-supporting., Our mission statement is= Yo support people with mental ill health to secure and retain employment in Essex and neighbouring counties.. In line with best practice, the service is now operatingwithin a Social Model of Disability. The definition accepted by the board of trustees identifies disability as: the loss or limitation of opportunities to take part in the mainstream of the community on an equal basis with others due to physical or social barriers. This includes people who have suffered or are suffering from mental ill health and who, while experiencing significant barriers to employment. do not necessarily see themselves as disabled. but rather as disadvantaged in the labour market. Public benefit The work of the charity falls within the charitable purpose of-. the relief of those in need, because of youth, age, ill health, disability, financial hardship or other disadvantage. The work of the charity benefits those people in the aa covered by the service who face barriers to employment and training because of their physical or mental impairments. This is in line with our Objectives and Activities as listed below. Achlevement and Performonce Objectives for 2024-25 To prepare for our first full Fidelity Review of our IPS service in Primary Care o This was conducted in the West team and we achieved a Fair Fidelity outcome which was in line with other new Primary services To recruit to. deliver and monitor the impact of the IPS and Retention service ft)r Primary Care The teams were recruited to. and de5Plte some staff turnover we are completing the year with virtually all posts filled To review our needs and explore Options for an operational base in South Essex o This has been achieved with an office based in Basildon To modernise our website and develop a stronger social media presence o This has been achieved after some teething problems. feedback has been positive To launch a new IPS-Y service for young people o This was achieved. more detailed below To prepare for recoTnmi5sioning of the current IPS and Retention services o This is being prepared for IPS but Essex County Council have decided not to recommission a retention service
IDEAS PLUS REPORT OF THE TRUSTEES for Year Ended 31 March 2025 Individual Placement and Support (IPS}- points of interest: Team Leads changed from caseload carrying to a focus of directly support5ng staff more since November Closer management and support have enabled practice to be monitored regularly with the Team Leads providing more direct contact with their staff. We have had consistent staffing across both the Senior Leadership team and Employment Specialists. The NHS Lon8 Term Plan targets remain as a measure of comparable performance with our ECC commissioners. Our overall Service useraccess achieved what we needed against the NHS targets. Significant increase in job conversions for West Essex with South also remaining steady. Targets from IPS Grow and NHS have increased twice over the last few years and seen a jump from 30Yo to now 40%. As we strive to achieve rnore. the targets have also moved. Employ-Ability (Actual) 246 Employ-Ability (NHS LTP Target) 2341109%) Employ-Ability {ECC Target) 548 Service users accessing the service (Westl SeiCe users accessing the service (South) Service users accessing the service {Total) Job Conversion (West) Job Conversion Isouthl 362 380 (95%) 774 608 614 {99%) 1322 31.3Yo lup 9%) 23.IY. (no changel 40Y. 40Y. 40Y. 40¥.
IDEAS PLUS REPORT OF THE TRUSfEES for Year Ended 31 March 2025 Job retention {JR) Job retention had been offered as a service to clients under the original IPS contract which ceased on 31 March 2025. This is in no way a reflection of the service performance, or need within the community. Retention still exists for mild to moderate mental ill health from I" April 2025 but this year was the final one for those individuals with and SMI that required support. The service was embedded well in West and South Essex. We had to maintain our contract targets (same as 202314} whilst winding down the service and stopping new access from January. The Primary Service was able to pick up some of the referrdls from Secondary in the last quarter of the year to ease the pressure. We kept a single manager for the whole Retention service offer across all the current contracts to ensure best practice was maintained throughout. Targets were achieved at 123% of contract overall during a period of uncertainty for staff South / West (Actual} 386 South / West {Target) 313 Service users accessing the service Retained outcomes 1123Yo} 60%+ 61% IPS West Suffolk Our West Suffolk service is a small team and this year there was a one year extension to the Current contract. It has had challenges with staffing and long term sickness this year which does cause a disproportionate pressure on the remainin8 stsff. We were able to have one additional Employment Specialist from the Service Development Fund. Ernploy-Ability (Artual) 250 Employ-Ability (ICB Taet1 290 Service user5 accessing the service (West Suffolk Unernployed access Job conveTsion (total) Unemployed Job Conversion 171 83 37= 21.6% 40Y.
IDEAS PLUS REPORT OF THE TRUSTEES for Year Ended 31 March 2025 Primary Care work This year saw a significant expansion in the team size for the pilot of Primary Care IPS services. West was the leading performing area across the whole of Essex and the pilot scheme has now been extended until September 2026 where it will be phased out. The governments Connect to Work programme is starting in 2025 and our Primary Care offer will move into delivering this in the Autumn. The new programme will also include delivery in both Southend and Thurrock. Our current delivery covered West and South Essex (excluding the unitary authoritiÈS}. Points to note include: New referrdl pathways were developed with PCN networks and others including prison services. DWP referrals were lower than anticipated and self-referrals were always the strongest conversion5 in accessing the service. West Essex had the strongest performance across Essex. They a150 had a consistent staffing team with little change in personnel. South did have vacancy in management and had significant long term sickness which did impact on the overall year outcomes. Retention outcome5 continued to exceeded targets acr035 the contract. In the last quarter, this Was the only option for clients and did put additional pressure on the teams. IPS Prirnary Care Referrdls Access (Target) (Tar8et} 4131329) 25112301 18011651 16311151 54516461 32814601 42713281 2971230) Job Outcomes (Target) 77192) 1341461 7411841 213188) Area West IPS West Retention South IPS South Retention IPS- Youth The charity began a pilot. funded by The People's Lottery. deliverin8 IPS for young people with severe mental illness. It was aimed at 14+ years and the aim was to understand this taet age group, explore how best to work with them and discover any wider unmet need. There was high demand for the service, especially at the younger age of 14-16. It w35 clearthere were some complex individualsto work with, positiveoutcomes included supporting individua15 to reengage with education and training. The post 16young people had many barriersbefore they could realistically start to engage fully with a traditional IPS service. but we were able to build effettive relationships and move them forward. We are now using the knowledge and information gained to tailor this towards a potential upcoming service for Young Adults that is being commissioned across the whole of Essex. Financial Review Investment policy While interest rates remain low. we have moved our deposits from Shawbrook Bank and Hampshire Trust Bank into the main Lloyds account.
IDEAS PLUS REPORT OF THE TRusfEES for Year Ended 31 March 2025 Reserves policy The trustees, policy on reserves remains unchanged and reflects the qUirementS for reserves in light of the main risks to the organisation. A policy has been agreed that unrestricted funds not committed Should be between 3 and 6 months ofestimated annual expenditure. The reserves are needed to meet the working capital requirements of the charity to cover shortFalls or to manage a wind down of activity. Plans for the Future The charity will be focused on re-establi5hing some stability aw)d a sense of managed progression. We will look to secure the extension of the existing Severe Mental Illness contract. implement the Connect to Work programme for Primary services and aim to tender for new directions in IPS-Youth. More specifically: To prepare for our full Fidelity Review of our IPS service in Secondary Care To move across to a Connect to Work contratt for delivery of an IPS and Retention service in Primary Care To develop our relationships and presence in Greater E55ex (Thurrock and Southend) To look at how new technologies can assist the development of our work To have a greater focus and understanding of our race equity data and how we use it to inform our work To tender for opportunities for an IPS service for young adults and Retention work To prepare for recommissioning of the current IPS service in Suffolk STRucfuRE. GOVERNANCEAND MANAGEMENT Constitution The charity is constituted as a Company limited by guarantee and was registered on the 9 December 1992. The Company was registered as 3 Charity in January 1993. Ideas Plus operates under Articles of Association which specify that the organisation is set up to deliver Service as detailed in the objects of the Memorandum of Association. Recruitment and appointment to the Management Committee Phil Edwards, Louise Gu and Debbie Salmon were confirmed in their posts as Chair. Treasurerand Company Secretary respectivelyatthe AGM. The current Board has a numberof long serving members and some more recent appointees. Organisational Structure Ultimate responsibility for decisions on the running of the charity lie with the Board. Trustees then delegate day-to-day management of service delivery to a Head of Service, supported by an administration team and Team Leaders for the various delivery teams. The Board meet 6 weekly to discuss a report from the manager. review progress on our delivery of contracts and to make any decisions necessary. The Board also operates a Human Resource subcommittee to review specific issues relating to staffing, such as changes to staffing structures and salary reviews. Risk Manogement Business continuity plans were carried out to ensure that all key services and elements could function. Increased staffing has meant a large rise in monthly payroll. Specific processes were put in place to ensure we have sufficient funds at all times. The 3+2 year has now entered into the second yearof the extension period alongside our partners Essex Partnership University Foundation Trust IEPUTI. Focus will be around the future recommissioning and any extension from the Piimary IPS pilot.
IDEAS PLUS REPORT OF THE TRUSTEES for Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02772286 (England and Wales) Registered Charity number 1016182 Registered office tla Employ-Ability Latton Bush Centre Southern Way Harlow Essex CM18 7BL Trustees Philip Edwards - Chair Debra Susan Salmon- Treasurer Jeffrey Attfield Leigh Dinemuro Karen Bayliss Kenneth Day Paul Smith Company Secretary Timothy James Page Auditor5 Mayor Cuttle & Co. Suite 7b Aquarium 101 Lower Anchor Street Chelmsford CM2 OAU Bankers Lloyds TSB East Gate Harlow PO Box 1000 BXI ILT Manager Darren Connew
IDEAS PLUS REPORT OF THE TRUSTEES for Year Ended 31 March 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting Practice} including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare fi nancial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure. of the charitable company for that period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charity SORP- make judgements and estimates that are reasonable and prudent- state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; prepare the financial statements on the goinE concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accountir)g record5 which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are a150 responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no levant audit information of which the charitable company's auditors are unaware; and- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to e5tabli5h that the auditor5 are aware of that information. AUDITORS The auditors, Mayor Cuttle & Co, were reappointed at the Annual General Meeting on Il, September 2025. Approved by order of the board of trustees on 13 September and signed on its behalf by: Philip Edward5
IDEAS PLU5 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF IDEAS PLUS for Year Ended 31 March 2025 Opinion We have audited the financial stalements of Ideas Plus (the 'charitable company'l for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet. the Cash Flow Statement ar)d note5 to the h"nancial statements, including a summary of signifi-cant accounkn.ng policies. The fi.nancial reporhng framework that has been applied in their preparation is applicable law and Uniled Kingdom Accountir)g Standards Ivnited Kingdom Generally Accepted Accounting Practicel, including Financial Reportin8 Standard 102 'the Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the fi'nancial statements= Give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources. including its income and expenditure. for the year ended. Have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Prachce, including Financial Reporb"ng Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and Have been prepared in accordance with the requirements of the Companies Act 2006. Basi5 for opinion We conducted our audit in accordance with International Standards on Auditing. IUKI IISAS) IUKI and applicable law. Our responsibilities under Ihose standards are further described in the Auditors, responsibilities for the audit of the financial statemenls section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the fi.nancial statements in the UK, Including the FRC's Ethical Standard and the provision5 available for Small enkn"ts"es, in the circumstances set out in the note5 to the Financial Statements. and we have fulh.lled our other ethical respor)sibilitr"e5 in accordance wtth these req uirements. We believe that the audit evidence we have obtained 15 suffi'cient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In 3LJdih"ng the fi.nancial st3tements, we have concluded that the trustees, use of the going concern basis of accounting in the preparatr.on of the fi.nancial statements is appropriate. 8ased on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. Tnay cast 5ignih.cant doubt on the charitable cofflpany's ability to continue as a going concern for a period of at least twelve Ftbonths from when the linancial statements are authorised for issue. Our responsibilities and the responsibilities of the tmstees with respect to Boing concern are described in the relevant section5 of this report. Other information The trustees are responsible for the other information. The other information comprises the informatr.on included In the Trustees. Annual Report, Olher than the flnancial statemenis and our Repori of the Independent Auditors thereon. 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. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially consistent with the financial Statements or our knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whethor 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 information. we are required to report that fact. We have nothing to report in this regard.
IDEAS PLUS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF IDEAS PLUS for Year Ended 31 March 2025 Opinions on other matters prescribed by the Companie5 Act 2006 In our opinion, based on the work undertaken in the course of the audit.. The information given in the Report of the Trustees for the linancial year Iwhich includes the director5 report) for which the h'nancial statements are prepared is consistent with the financial statements. and The Report of the Trustees has been prepared in accordance with applicable legal requirements. Matter5 on which we are required io report by eKceptioD In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identr.fied material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: Adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us- or The fi'nancial statements are not in agreement with the accounting records and return5,' or Certain Disclosures of trustees. remuneration specified by law are not made,. or We have not received all the information and explanations we require for our audit., or The trustees were not entitled to prepare the h'nancial statements in accordance with the small companies, regime and take advantage of the small companies. exemption from the requirement to prepare a Strategic Report in preparing the Report of the Trustees. Responsibilities of tru5tee5 As explained more fully in the Statement of Trustee5' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company lawl 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 a5 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 fi'nancial statements, the trustees are responsible for assessing the charitable compar)y'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 charitable company or to cease operation5, or have no realistic alternative but to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the tinancial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an auéit conducted in accordance with ISAS {UKI 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 user5 taken on the basis of these fi'nancial statements. Irregularities, including fraud are instances of non-compliance with laws & regulations. We design procedures in line with our responsibilities, outlined above to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of deteckn.ng irregularitie5, including ffaud is detailed below:
IDEAS PLU5 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF IDEAS PLUS for Year Ended 31 March 2025 We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity and delermined that the most signilicant are those covered by the Statement of Recommended Practice for Ch3rities150RP 20191 and the Charities Act 2011. We assessed the risk of material misstatement in respect of fraud by making enquiries of management and trustees and by testing the implementation of accounting controls in place. Based on the results of our risk assessment. we designed our audit procedures to identify non-compliance with such laws and regulations identified above by making enquiries with key personnel and reviewinE relevant documentation such as minutes of Trustee meetings and correspondence with regulatory bodies. We considered the risk of fiaud through management override by incorporation testing of journal entrie5 and reviewing any requirement5 to meet performance target5. We also considered, and tested for. the po55ibility of unauthorised payrnent5 to related parb"es. A further description of our responsibilities for the audit of the fin3n¢ial statements 15 located on the Financial Reporhng council's website at www.frc.o auditorsres onsibilities. Thi5 description forms part of our Report of the Independent Auditors. Use ol our report This report is made solely to the charitable company's member5, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken 50 that we might State to the charitable company's members those matters we are required to state to them in the auditQf5' report and for no other purpose. To the fullest extent permitted by13w, we do not accept OT assume responsibility to anyone other than the charitable company and the charitable company's members as a body. for our audit work, for thi5 report, or for the opinions we have formed. Stephen William Evans FCA {Senior Statutory Auditor) For and on behalf of Mayor, Cuttle & Co. Chartered Accountants Aquarium, Suite 7b 101 Lower Anchor Street Chelmsford Essex CM20AU Date io
IDEAS PLUS STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 31.3.24 Unrestricted Funds Restricted Funds Total Funds Total Funds INCOME AND ENDOWMENTS FROM Donations and Legacies Charitable attivities Investments 50 50 2,103,746 50,180 1,201,116 365 2,103.746 TOTAL 50 2.103.746 2.103,796 1,251.661 EXPENDITURE ON Charilable activities 954 1,948,292 1,949,246 1,082,692 NET INCOMEI{EXPENDITUREI 1904} 155,454 154,550 168,969 TRANSFERS BEtWEEN FUNDS 14 34.248 134.2481 Nrr MOVEMENT IN FUNDS 33,344 121,206 154,550 168,969 RECONCILIATION OF FUNDS Total f unds brought forward 89.232 783,533 872,765 703,796 TOTAL FUND5 CARRIED FORWARD 122,576 904,739 1,027.315 872,765 The notes torm pan of rhe5efinancial ststements li
IDEAS PLUS BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 31.03.25 31.03.24 Unrestricted Note5 Funds Restricted Funds Total Funds Total Funds FIXED ASSETS Tangible assets li 17 117 134 179 CURRENT ASSErs Debtors Cash at bank and in hènd 12 225.685 712,033 937,718 225,685 834,592 1,060,277 166.379 715.621 882,000 122.559 122,559 CREDITORS Amounts falling due within one year 13 1 33.096) 133,0961 19,4141 NETCURRENT ASS5 122,559 904,622 1.027,181 872,586 TOTAL ASS5 LESS CURRENT LIABILITIES 122.559 904,622 1.027,181 872,586 NET ASSETS 14 122,575 904,739 1,027,315 872,765 FUNDS Unrestricted funds Restricted funds 122,576 904,739 89,232 783,533 1.027,315 872,765 These financial Statements have been prepared in accordance with the provisions applicable lo charitable companies subject to the small cornpanies regime. The financial Statements were approved by the board of Trustees & authorised for issue on*/ i and siened on it5 behalf b Philip Edwards- Trustee The nores form Pafi of ihese financial staternent 12
IDEAS PLUS CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 31.03.25 31.03.24 Cash flows from operating actvities Cash generated from operations 118,971 8.597 Net cash provided by operating activities 118,971 8,597 Cash flows from investing actvities Interest received 365 Net cash provided by investing activities 365 Changes in cash and cash equivalents in the operating period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period 118,971 8,962 715,621 706,659 834,592 715,621 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES Net income forthe reporting period {as perthe Statement of Financial Activitiesl Adjustments for Depreciation charges Interest received Ilncreasel/Decrea5e in debtor5 IDecreasel/lncre2se in creditors 154,550 168,969 45 59 13651 1162,8941 2.828 159.3051 23.682 Net cash provided by operations 118,971 8,597 ANALYSIS OF CHANGES IN NET FUNDS At 01.04.24 Cashflow At 31.03.25 Cash at bank and in hand 715,621 118.971 834,592 The notes form part of these financial statefflents 13
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 I. ACCOUNTING POLICIES Basis of preparing the financial statements and assessment of going concern The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charitie5 SORP IFRS 102) 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 20191., Financial Reporting Standard 102 Yhe Financial reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties about the charity'5 ability to continue as a going concern. The financial statements are presented in sterling {£) Critital accounting judgements and key sources of estimation uncertainty In preparing financial statements it is necessary to make certain judgements. estimates and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements. Useful economic life of tangible assets The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the asset5. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technoloEical advancement, future investments. economic utilisation and the physical condition of the assets. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. It is probable that the income will be received, and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there 15 a legal or constructive obligation comfnitting the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular heading5 they have been allocated to activities on a basis consistent with the use of resources. 14
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Allocation and apportionment of costs Costs are allocated according to the fund to which they apply on an item by item basis where possible and overheads are allocated in accordance with the terms of restricted income. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on cost. Computerequipment- 25% on c05t. Taxation The cha rity is exempt from corporation tax on its charitable activities. Debtors Trade debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid. Cash at bank and in hand Cash at bank and in hand includes current and deposit bank account. The charity has divided its balances across a number of financial institutions in order to mitigate risk. Creditors Creditors are recogni5ed where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are reco8nised at their settlement. Financial Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Fund Accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the firbancial statements. Hire purchase and leasing commttments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease_ Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 15
IDEAS PLU5 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2. DONATIONS AND LEGACIES 31.03.25 31.03.24 Other Income 50 50,180 3. INVESTMENT INCOME 31.03.25 31.03.24 Deposit account interest 365 4. INCOME FROM CHARITABLE ACTIVITIES 31.03.25 31.03.24 Contracts and grants 2.103.746 1.201,116 Grants included in the above as follows: 31.03.25 31.03.24 North Essex Partnership NHS Foundation Trust DWP 929,271 1.174,475 1.187.312 13.804 2.103,746 1.201.116 5. CHARITABLE AcfiviTIES Support Costs Inote 61 Direct Costs Totals Employment assistance 1,932,435 16,811 1,949,246 6. SUPPORT COSTS Finance Governance costs Totals Employment assistance 360 16,451 16,811 16
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7. NET INCOMEI(EXPENDITURE) Net income expenditure is stated after charging= 31.03.25 31.03.24 Auditors remuneration Depreciation- owned assets Other operating leases 3,540 45 17.477 3,120 59 8,463 8. TRUSTEES REMUNERATION AND BENEFITS There were no trustees remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. The charity consider its key management personnel to comprise trustees and the general manager. Total remuneration to key personnel is £61506 excluding employers national insurance (2024,. £59,051) Trustees expenses During the year, key personnel received E9312024: £200) for mileage costs. this was for the delivery of contracts and liaison with partneiship organi5ation5. 9. STAFF COSTS 31.03.25 31.03.24 Wages and salaries Social security costs Other pension costs 1.594.317 143,786 55,982 1,794,085 866,191 73.423 28,171 967,785 The average monthly number of employees during the year was as follows: All staff 56 33 Employees who received more than £60,000 (excluding employer pension costs) were as follows.. Employee Benefits £60,000 - £70,000 Number of employees 17
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Restricted Unrestricted Funds Fvnds Total Funds INCOME AND ENDOWMENTS FROM Donations and Legacies Charitable activitie5 Investments 50,180 50,180 1,201,116 365 1,201,116 365 TOTAL 50.545 1.201.116 1,251.661 EXPENDITURE ON Charitable activities 23.647 1,059,045 1.082,692 NET INCOME/(EXPENDITURE) 26,898 142,071 168,969 RECONCILIATION OF FUNDS Total funds brought forward 62,334 fv11.462 703.796 TOTAL FUNDS CARRIED FORWARD 89,232 783,533 872.765 11. TANGIBLE FIXED ASSETS Fixtures & Computer Equipment Fittings Totals COST At l April 2024 and 31 March 2025 3,118 5.976 9,094 DEPRECIATION At l April 2024 CharEe for year At 31 March 2025 3.118 5,797 45 8.915 45 3,118 5,842 8,960 NET BOOK VALUE At 31 March 2025 134 134 At 31 March 2024 179 179 18
IDEAS PLUS NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.25 31.03.24 Loans to Employees Trade debtors 29 225,656 225,685 166,379 166.379 13. CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.25 31.03.24 Trade creditors Accrued expenses 10.906 22.190 33.096 6,294 3,120 9,414 14. MOVEMENT IN FUNDS At 1.4.24 Net movement At 31.3.25 Unrestricted funds General fund Designated fund 27,182 62.050 33,344 60,526 62,050 89.232 33,344 122,576 Restricted funds Employment Support Head5 Up Employment Retention Kickstart UK Youth Multiply Ipspc 605.797 31,419 91,712 1,683 1,722 15761 51,775 32,095 131,419) 120.632) 11,683) (1.722) 576 637,892 71.080 143,992 195,767 783,532 121.207 904,739 Total Fund5 872,764 154,551 1,027.315 Included in the net movement is a transfer from restricted funds to unrestricted funds to cover the cost5 of running the chhrtty included in unrestricted funds. as well as transfers from Funds that are no longer in use to ihe general fund. continued 19
IDEAS PLU5 NOTESTO THE FINANCIAL5TATEMETrtts FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above as follows: Incoming Resources resources experided Movement in funds Transfer Unrestricted funds General fund 50 1954) 34.248 33,344 Restricted funds Employment Support Heads Up Employment Retention Kickstart UKYouth Multiplv Ipspc 737.948 1705,8531 32,095 (31,4191 120,6331 11,6831 11,7221 576 143,992 121,206 154,550 131,4191 191.323 1211.9561 11,6831 (1,7221 576 1,174,475 2,103,746 2,103,796 11.030.483) 11.948,2921 11.949,2461 134,2481 Comparatives for movement in funds At 1.4.23 Net movement At 31.3.24 Unrestricted funds General fund Designated fund 284 26,898 27,182 62,050 62.050 62.334 26.898 89,232 Restricted funds Employment Support Heads Up Employment Retention Kickstart UK Youth Multiply Ipspc 540.783 31.786 65.950 1.683 1,722 {462) 65.014 13671 25.762 605,797 31.419 91,712 1,683 1.722 {5761 51,775 783,532 872,764 {1141 51.775 142.070 168,968 641.462 703,796 Total Funds continued 20
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above as follows: Incoming Resources resources expended Movement in funds Transfer Unrestricted funds General fund 50,545 {23,6471 26,898 Restricted funds Employment Support Heads Up Employment Retention Multiply Ipspc 733,539 {668,5251 (3671 {196.6051 (1141 {186,7351 11,052,346) 11,075,993) 65,014 13671 25,762 11141 51,775 142,070 168,968 222.367 238,510 1,194,416 1,244,961 Employment Support Is a contract delivering supported employment services to clients with long and erbduring mental ill health in West and South E55ex: delivered in partnership with Essex Partnership University Trust Employment Retention.. A provision to support those whose jobs are at risk as a result of their ill health. IPSPC is a contract delivering supported employment services to clients in a primary care setting for those with mild to moderate mental ill health in West and South Essex- delivered in partnership with Essex Partnership University Trust Heads Up, Kickstart, Uk Youth and Multiply contracts have all expired, any remaining balance on the funds have been transferred to the general fund for the current period leaving the three current contracts within the active funds. 15. Leases Operating Leases Total future minimum lease payments under non-cancellable operating leases are as follows= 31.03.25 31.03.24 Not later than one year Later than one and not later than five years Later than five years 3,529 3,529 3.529 7.058 7.058 10,587 21
IDEAS PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. 17. NON ADJUSTING SUBSEQUENT EVENT Since the year end the contract for Essex IPS service for people with Severe Mental Illness ISMII has not been renewed and the current contract ended on 30 September 2025. All staff associated with the contract have transferred acros5 to the new contract provider underTUPE and no material associated costs are expected to be incurred. 18. GUARANTEE STATUS The company is limited by guarantee, whereby every member of the company undertakes to contribute to the assets of the company. in the event of a winding up. while they are a member or within one year after they cease to be a member, such amounts as may be required not exceeding one pound. 22
IDEAS PLUS DETAILED STATEMENT OF FINANCIAL ACtIVlTIES FOR THE YEAR ENDED 31 MARCH 2025 31.03.25 31.03.24 INCOME & ENDOWMENTS Donations and Legacies Other Income 50 50,180 Investment Income Deposit account interest 365 Charitable Activities Contracts arbd Grants 2.103.746 1,201,116 Total incoming resources 2.103,796 1,251,661 EXPENDITURE Charitable activities Wages Social security Pensions RaisinE Funds Temporary staff Staff rewards Rent and rates Insurance Telephone Postage and stationery Sundries Training Travel Provision for Access To Work Grant Computer costs Recruitment and promotion Redundancy Computer equipment depreciation 1.575.667 143.786 55.983 570 866.191 73,423 28,171 5,506 2,043 8,463 6,410 13,497 3,682 3.412 8,309 23,545 575 17,477 10.919 26.336 6.406 4,207 13,986 36,787 854 10,388 9,799 18,650 45 12,822 7,789 4,390 59 1,932,435 1,067,712 Support costs Finance Bank charges 360 266 Governance costs Auditors remuneration Accountancy and legal fees 3.540 12,911 3,120 11,594 16.451 1,949.246 154,550 14,714 1.082,692 168,969 Thls page does ftot form part of the statutory financial statements 23