Conipany registration number.. 02376432 Charity regigtration number: 103 8962 New Forest Mencap (A company limited by limited guarantee) Annual Report and Financial Statcmellts for the Year Ended 31 May 2024 Westlake Clark Limited Chartered Accountants 7 Lynwood Court Priestl&nds Place LnIngtOn Hampshire S0419GA
NewForestMeneap Contents Reference and Administrative Details Trust¢es' Report 2to4 Statement of Trust¢¢s' Responsibilities Independent Examiner's Report ststejnent of Financial Activities 7t08 Balance Shcet Notes to the Financial Statements Ioto 19
NewForest Mencap Reference and Ad]ninistrative Details Trustees R Amis (Hon Tieasurer) N Ainley MBE (appointed 1510512023) - (Resigned 0610412024) V J Bowyer D S W Lansdowne P Pew (resigned 1511112022) - (Re-appointed 1310512024) M J Snell CBE (Chair) Principal Office: Neddemun Centre Marryat Road New Milton BH25 5NY Company Registration Nujnber: 02376432 Charity Registration Nillnber.. 1038962 Independent Examiner: Westlake Clark Limited Chartered Accountants 7 Lynwood Court Priestlands Place Lyn]ington Hampshire S0419GA Page I
New Forest Mencap The Trustees, who are Directors for the purposes of company law, present the annual report together with thc financial statements of the charitable company for the year ended 31 May 2023. Objectives and aims Following discussions and consultation wilh staff in March 2024, Trustees agreed to amend the Vision and Mission for New Forest Mcncap as follows: Vision.. People with a Learning Disability in the New Forest and suoUnd1ng areas should be able to live their best lives. Mission: To provide people with a learning disability, and their carers. with high quality SUPPOrt, infomlation, and training to enable them to live their besi life. To develop partnerships to support service provision. Strategic Priorities were also agreed.. l To consolidate and institutionalise existing services. 2 To ensure we understand the needs of our stakeholders. 3 To ensure we havc a sustainable income base. 4 To maximisc the efficient use of our resources. 5 To increase our visibility in the comEnunity. Public Benefit The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Financial Performance and Activities Total Income for the year, as shown on Page 7, was £186,901 (last year £183.664) a small increase on perforn]ance in 2023. Grants from Restricted Funds totalled £98,610 (last y¢ar £96.988), principally from the National Lottery Community Fund (NLCF). both Life Ski115 and Infonnation Advice and Guidance projects will continue to be funded by until August 2025. The significant increase in expenditure on restricted grant activities to £127,340 in 2023-24) reflects the critical mass we have reached with the NLCF and HCC projects and ongoing activities funded by HIWC and RMS" these are very positive signs of continued progress, as shown below. Restricted Grant Expenses From the £47,973 Employment and Volunteering project the funded by Hampshire County Council (HCC), a further £ 25,110 was spent in 2023-24 {£18,984 in 2022-23). The £ 3,879 balance of ihe or5ginal granl of from HCC was spent by Augusi 31" 2024. In the absence of an external provider of funds for the project, trustees have agreed to continue to fund the project, renamcd Springboard to Employment, until Decemb¢r 31" 2024, in the first instance. Previously received grants from the Hampshire and Isle of Wight Community Fund (HIWC) have supported the Digital Drop-in and Pedall projects throughoul the year. Other restricted grant balances from thc Co-op and Royal Mencap Society (RMS) have funded transport, plus Healthier Me and Tackling Inequalities activities. Page 2
New Forestmencap Income from Unrestricted Funds totalled £89,526 Oast year £86,676) including £20,000 from NLCF, £5,000 from the Cooper Dean Trnst, £4,750 from the Together Fund, £2,500 from the Charlotte Bonham- Carter Trnst Clark, £1,000 from the University of Winchester to support a joint research ptojcct, £2,440 from donations and £2,765 from subscriptions. Incom¢ from the Stroke Group £3,764, the Food LaTder £2,250, the Jesus Reigns Ministt-y £1,260 r¢fl¢ct w¢ll on o[ su¢cessftil ¢fforts to diversify and g¢nerat¢ increased income from the Neddennan Centr¢. Our New Milton Charity shop, run entirely by volimteers, raised £23,693 (last year £21,962),. after costs of £8,499, the net income of £15,194 r¢tnains our prime source of Continuing unrestricted incom¢. Unrestii¢ted expenses were £89,424 (last year £92,839). We are both grateful and dependent on income received from our exten1 grant flderS for the greater part of our developmental work with people who have leaniing disabilities in the New Forest, Total Costs for the ye. were £216,764 aast year £191,078), an inciease of £25,686. Staffing costs of £128,819 (last year £I10,599) accolted for the increase, T¢flecting tELe continuing growth in activities siipporting people with learning disabilities. We were unsuccess1 in oiu aim to appoint and retain an Operations, Managcr, a post which remains essential and has been temporarily contracted out during the year. The Balance Sheet Shows that total assets of £208,886 (last year £237,514). The balan¢¢ of restricted incorne funds has declined to £111,457 froin £141,422. Unrestricted income funils have increased inarginally to £96,252. Unrestricted Income Funds, which are New Forest Mencap's core reserves, and therefore exclude all Restricted Fullds, were £97,429 (last year £96,092). Of these reserves £ 37,538 are controlled by the BrOckenhi&t and New Milton Gateway Club8. Aft¢r excluding Fixed Assets £12,858 that leaves £47,033 aast year £45,990) to cover incr¢as¢d core costs, iiicluding inLreaseB in both prcn]ises and staff costs. £47,033 represents about 7 months of our core annual costs. We have targeted £76,000 as our resee, representing 12 months of projected annual costs. Whilst our perfornian¢¢ this year has been encouraging, lool<ing ahcad to 2024-2025 we will need to raise ¢ dditional core funds to achieve our reserve target. Trite¢S arc also mindful that NLCF funds will have been fully expended by August 2025. The Op¢rations' Manager role ren] essential if we 1C to tnaintain the momentum we have geneiated through NLCF" our bid for continuation funding to NLCF in Spring 2025 is therefore central to our ambitiolls. Communications We have kept our mcmbers and service users inforn]ed by distributing newslctters tmd through Faceboolc and direct einail corr¢spondence, We have identified funds to hclp with the updating and modcrnisation of our websit¢, whilst continuing to look to our users to provide content and practical input with their acquisition of new digiLtl skills. Intemal communications have continued to improve through the celltralised use of SharePoint softwar¢. Gateway Clubs Our two Gateway Clubs, in Brockenhurst and New Milton, have continiied to provide a rang¢ of social opportunities throughout the year. They ar¢ v¢ry popular and reflect the need oiir meinbers have for social opportl1tieS and interaction. Our thanks go to the leaders and voluntcers who malce the clubs possiblc. The lack of affoidable transport in our rural area remains a PTobl¢m which has yet to be addressed. We continue to provide admillistrative support and the closer integration of the two Gateway Club8 has continii¢d to streiigthen N¢w Forest Mencap's activity. Page 3
New Forest Meneap Governance All Directors of the Company are also Trustees of the Charity. The Trustees who served throughout the year are detailed on the Company Infonnation page. The Board has th¢ power to appoint addition Tru8te¢s Subject to the limitations set out in the Memorandum and Articles of Association. We have been unsuccessful in achicving our tsrget of 7 members on the Board of Trustees, despite considerable eforts to advertise the position. For a large part of the year, fiv¢ trLiSt¢es have shoiddeTed the significantly incrcasing workload, much of it in an ¢x¢¢utive capacity. Nonetheless, we have taken the opportunity of consulting &nd discussing with staff revised Inediuro and lotkg tern] aims, The siiccessfuE appointment of a co-opted trustee in May and the anticipated two new appointments at tlie AGM in November means we expect the Board to consist of 6 m¢mbers in 2024125. The r¢¢ruitment of new trustees with the nece8sary slalls and time required to fulfil the role and secure successi1 in effective governance remains a continuing challenge and r¢quir¢m¢nt, As Chair, I would like to thank iny fellow trustees for their hard work, siipport and Commitment throughout the year, not only at our monthly board meetings but through the range and diversity of meetings that occur fiDm week to week and not infrequently day to day. I also wish to thanlc our outstallding team of staff foT their enthusiagm, professionalism and success in helping us achieve our stated aims and objectives. volunteers remain ¢sselltial to everything we do; they deserve our thanlcs and admiration. Looking Ahead we have identified many of the wide-ranging needs of an even wider range of people with learlling disabiliti¢s, their parents and carers who live in the New Forest and its sumunding areas. Many of these needs remain il1-defed and untnet with the ¢osts as8ociated growing. Responding to these challenges will continue to be OUT focus in the years ahead. New Forest Mencap is now well developed as a service provider and the primary information hub for people with learning disabilities, their parents and carers in the New FoTest. We are well situated, both to extend oiw ciwrent work in our local communities and to increase further our sphere of influence. We will conlinue to work in partnership where the opportunities arise. Tru8tees are detennined to make a positive difference to the lives of people with learning disabilities, theirpaTent8 and carers in the NewForest. We therefore loolc forward to the future with optimism, takn'ng advantage of oppoitunities and ristng to the challenges. Our incmbers degerve nothing less. Tiustees extend their thanks to all who have supported New Foi¢st Mencap diing a period that continu to be challeng for those we serve. We aro indebted to our staff who have worlced tirelessly to maintain and develop further our Services. We would not bo able to operate without our volunteers and remain hugely grateful to them all, The anniial report was approved by tlie Twstees of the ch'itY on October 14 ', 2024. M.J. Snell CBE Chair New For¢8t Mencap R. Amis Tr¢a8urer New Forest Mencap Puge 4
NewForestMencap Statement of Thistees, Responsibilities The trustees (who are also the directors of New Forest Mencap for the puryo8¢s of rompany law) responsible for preparing the truste¢s' report and the United Kingdom Accounting Standards pr¢paTing tlie trn8tee8' report and the financial statements in ac¢ordan¢e with the Unit¢d lcingdom Accounting stsdardS (United Kingdom Generally Accepted Accounting Practice) 8nd applicable law and regulations. Company law requires the trustees to prepare financial stat¢ments for each fjnancial year. Under company law the trustees must not approve the fmancial $tatem¢nts unles8 th¢y are satisfied th&t tlLey give a Mie and fair view of the state of affairs of th¢ ¢haritable company aThd of its incoming resources and application of r¢sourGes, iiicluding its Ancome and expenditure, of including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to,. select suitable accounting policies and apply tbem consistently. observe the methods and piinciples in the Charitie8 SORP. malce judgements and estimates that that are reasonable and PLudent' state whether applicable UK Accounting Standards have been foKlowed, subject to any material departum digclosed and explained in the financial statements. and prep&re the financial stateraents on the going concembasis unless it is illappropriate to presume that the charitable company will continue in business, The trustees are responsible for keeping ad¢quat¢ CoUntIng r¢cords that are sufficient to show and explain the charitabl¢ company'8 transactions and disclose with i'casonable accuracy at any time the financial position of the charitable coinpaiiy and enable them to ¢n8ure that that the financial statements comply with the Companies Act 2006. They are al80 responsible for safegllarding the assets of the ¢]ltable company and hence for taking reasonable st¢P8 for the prevention and detection of fraud and other irregularities. Appioved by the trustees of the charity on October 14th, 2024, and signed on its behalf by: / 1¢ M.J. Snell CBE Chair of Tiustees R. Amis Treasurer and Tntee Page 5
IndependentExamlner's Reportto the trustees ofNewForestMencap I repoit to the Charity trustees on my examination of the accounts of th¢ charity for the year elided 31 ay 2024 which are Set out on pages 7 to 20. Respective responsibilities of trustees and examiner As the ch&Tity's trust¢¢s of New Forest Mencap (and also its directors for tbe PuOSeS of company law) YOU (ire respoiisible for the preparation of the accounts in accordance with th¢ requirements of the Compkmies Act 2006 ('the 2006 Act,), Having sati8fi¢d myself that the accounts of New Forest Mencap are not required to be audited under Part 16 of the 2006 Act and are eligible for indep¢nd¢nt examination, I report in respect of my ewamination of your charity's accounts as CaLed out under section 145 of the Charities Act 2011 ¢the 2011 Act,), In Carrying out my examination I bave followed the Directiolls given by the Charity Con]mission under scction 145(5)(b) of the 2011 Act. Independent examlner's staten)ent I hYAve completed my examination. I confjrni tbat llo ntter8 have come to my attention in connection with the examillation in giving me cause to believe.. accounting records were not kept in r¢sp¢¢t of New Forest Mencap as required by section 386 of the 2006 Act. or 2. th¢ WG counts do not accord with those records, or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any r¢quRrement that th¢ accounts give a 'tllLe and fair view, which is not a matter considered as part of an independent examination. or 4. the accounts have not bccn piepar¢d in accordance with th¢ methods and principles of the Statement of Recomn]ended Practic¢ for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come OsS no other matters in cot)nection with the examination to which attention should be drawn in Ihis rort in order to cnable a proper understanding of the accoullts to be reached. Wcstlake Clark Limiled Chartered Accountants 7 Lynwood Court Priestlands Place Lymington Hampshire S0419GA 11 |o£lAoZs Pag¢ 6
New Forest Meneap Statement of Flnanclal Actlvltfies for the Year Ended 31 May 2024 (Including Income alld Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestylcted fullds Ro%tricted funds Total 2024 Note: Ineome and Endowments from Donations alid fundraising,. Other Trading activities Investtllellt in¢on 55,315 33,364 847 98,610 153,925 33,364 847 Total Income 89,526 98,610 188,136 Expe1ltU1e ott.. R]llg fimds Charitable acttvities Tota] Expenditure GainslLosses Oll InveStnnt Assets (127,340 (127,340) (216,764 (216,764) (89,424) Net inconle Transfers Between fimds 102 1,235 (28,730) (1,235) (28,628) 18 Net Movement in funds 1,337 {29,965) (28,628) Re¢onclllAdon of funds Totsl funds brought foThva Total funds carlied forward 96,092 97,429 141,422 111,457 237,514 208,886 18 Page 7
New FOrt Mencap Statement of Financial Activities for the Year Ended 31 May 2024 (Includin2 Income 4nd Expenditure Account and Statement of Total Re¢ogni8ed Galns and Losse8) Unrestrlcted funds Re5trlcted funds Total 2023 Note: Income and Endowments from Donations and ndraiS1g., Other Trading actriities Ivesttnent illcome 55,754 29,930 992 96,988 152,742 29,930 992 Total Income 86,676 96,988 183,664 Expelldlre oll.. Raising ftmds Charitable activities Total EXpel1(u1e GainslLoss¢s on Inves1ment Assetg (413) 92,426 (92,839) (413) 190,665 {191,078} 98,239 (98,239) Net incom&1 (expendire) Trausf¢rs Beiween funds (6,160) (1,251) (7,411) Net MoV¢nnt in funds (6,160) (1,251) (7,411} Reconciliation of funds Total funds brought forward Total fLll]ds carried forward 102,252 96,092 142,673 141,422 244,925 237,514 18 Page 8
Forest Mencap (Registrdtlon Number: 0237 6432) Balance Sheet as at 31 IlY 2024 2024 2023 Note Flxed Assets Tangible A8set5 12 l2.851 14,993 Cumllt Assets Siod(8 Debtors vesttnents Ca8h &t38Dk and itt hand 13 14 15 16 372 3,866 2,736 382 739 2,736 234,836 238,693 (16,172 222,521 237,514 105,584 (21,732) 83,852 96,703 CdItOrS.. amounts falling due within oiie year Net current 1188etg Net Assets for the Year Ettded 31 May 2023 Funds of Ihe Charlty: 17 Restrlcted thcome Funds R¢stricted fun(ts 18 111,457 141,422 Unrestricted Income Funds UDrestricted funds 97,429 96,092 Tot Funds 18 208,886 237,5l4 For the fiuancial year ending 31 May 2024 tbc Chority was entitL¢d to cxemptioii fron] aiiditund¢r se¢tion 477 of tlLe CompAllia8 Act 2006 relating lo small comp¥nies. DireL*ors rponsIbILIties., The rnembers have not reqiiired the chartty to obtain all audit of its &ccounts for the year ill question in accordancc with section The directors ackllowledge their responsibilities for complying witb tbe Act in tpect lo accounting records and tlie preparation of accounts. Thesc Accounts bav¢bttn prepared in accordance with th¢ piovisions 8ppb"cable to ¢ompanie8 subject lo the small companies regime. The fmancial 8itLiEmenls on pages 6 ttl 19 were approved by the1rustees and autlwrised on13¢h Novanb¢r, 2023 and signed ¢)n their behalf by.. M, Snell Trustee R. Amis frcasLirer & Trustee Page 9
Neiv Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2024 I Charity status The charity is limited by guarantee, Incorporated in England and Wales, and consequently does not have share capital, Each of the trustees is liable to contribute an amount not exceeding £ Nil towards the assets of the charity in the event of liquidation. The addre55 of it5 registered off ice 15.. Nedderman Centre Marryat Road New Milton BH25 5NY 2 Accounting policies Summary of significant accounting policies and key accounting estimates. The principal accounting policies applied in the preparation of these financial statements are set out below. These have been consistently applled to all the years presented, unless otherwise stated, Statement of compliance The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 (effective l January 20151 {Charities SORP {FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011. Basis of preparatlon New Forest Mencap meets the definition of a public benefit entity under FRS 102, Assets and liabil ities a re initia Ily recogn ised at historical cost or tra nsaction val ue u nless otherwise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue a5 a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of the income recelvable can be measured rel iably. Page 10
New Forest Meneap Not&s to the Financial Statements for theyear Ended 31 May 2024 Donatlons and legacles Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entltled to the funds, the Income is deferred and not recogn15ed until either those conditions are fully met, or the fulfilment of those conditions is wholly with i n the control of the charity, a nd it is probable that these conditions will be fulfilled i n the reporting period. Grants receivable Grants are recognised as and when they are received, based upon recognition of the costs of projects and other purposes in which they relate. Government Grants (Furlough Scheme) Income from a government grant relating to the Corona Virus Job Retention Scheme {Furlough} Is recognised under Donations and Fundraising In the perlod to which the the gra nt relates. Investment income Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is norma Ily u pon notification of the interest pa id or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. Al I costs are a I located to the appl icable expenditu re heading that aggregates si milar costs to that category. Raising funds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Charitable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be al located directly to such activities and those costs of an indirect nature necessary to support them. Governance costs These include the costs attributable to the charity's cornpliance with constitutional and statutory audit, strategic management and trustees, meetings and reimbursed expenses. Page 11
New Forest Mencap Notes to the Financial Statements for theyear Ended 31 May 2024 Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes, Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tanglble flxed assets Individual fixed assets costing £1,000.00 or more are initially recorded at cost. Depreciation and amortlsatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, over their expected useful economic life as follows.. Asset class Land and buildings Depreclation method and rate Over the remaining period of the lease th to 25 March 2030 25Yo reducing balance Furniture, fixture5 and equipment Current asset Investments Current asset investments are included at the lower of cost and net reali5able value / market value. Stock Stock is valued at the lower of cost and estimated selling price less Costs to complete and sell, after due regard for obsolete and slow-moving stocks. Cost is determined using the fi rst-in, f i rst-out accou nting rnethod l FIFO}. Trade debtor5 Trade debtors are amounts due frorn customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised in iti al Iv at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terrns of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquld investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 12
New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2024 Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, Accounts payable are classified as current liabilities if the charity does not have an u ncond itional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve rnonths after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporti ng date, they a re presented as non-cu rrent liabilities. Trade creditors are recognised initially at the transaction price, Fund Structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Page 13
New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2024 Pensions and other post retlrement ob]igation$ The charity operates a defined contribution pension sch¢me which is a pension plan under which fed contributions are paid into a pension ftLnd and the charity has no legal or constructive obligation to pay ftllther contril)utions even if the flind does not hold siifficient assets to pay all employees the benefits relating to employee servic¢ in the cuellt and prior periods. Contribiitiolls to defined contribution plans are recognised in the StateLllent of Financial Activities when they are diie. If contriliutioii payments exceed the contributioii due for service, the exc¢ss is recognised as a prepaymenL 3. lllcome fro donations and fundraising Unrestricted Restricted Funds funds Total 2024 Total 2023 Appeals and Donations Fundraising Activities Grants Reo¢ivable Subscriptions Furloiigh Covid Grant from New Forest DC Gift Aid 44,651 44,651 4,654 2,072 138,588 7,428 3,732 6,932 98,610 102,342 6,932 55,315 98,610 153,925 152,742 4. Incon)e from other trading activlties Unrestricted Funds Total 2024 Total 2023 Trading Income: S&les of Goods and SCl¢es First OpportLinities Propety Rental income 23,693 23,693 21,962 4,231 3,737 29,930 9,672 33,364 9,672 33,364 Page 14
New Forest Mencap Note8 to the Financial Statements for the Year Ended 31 IVIay 2024 5. Investment Income Unrestricted Funds 2024 2023 Tncome from dividends., Dividends receivable from other investments Interest receivable and similar incorne., Interest Receivable on Bank Deposits 847 847 847 847 992 992 6. Expenditure on raising funds 2024 2023 Cost of generating donations and ndraiSing 413 413 7. ExpenditUTe oll charitable activities Unrestricted Funds Restricted Funds 2024 2023 Cost of gell¢iating donations and fundlzising 89,424 89,424 127,340 127,340 216,764 216,764 190,665 190,665 8. Net illcomingloutgoing resources Net incomingloLltgoing resources for the year include: 2024 2023 Depreciation of fixed assets 2,142 2,142 2,142 2,142 9. Trustees, remuneration and expenses No trustees, nor lY persons connected with them, have rec4ived any Temiineration from the diarity diiring the year. No trustees, nor any persons connected with them, have received ally reIn]burS expenses or ally other benefits from the charity during the year. Page15
New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2024 10. Staff Costs The aggregate payroll costs were as follows., 2024 2023 Staff costs during the year were: Wages and salaries Pension costs 125,603 3,216 128,819 108,598 2,001 110,599 11. Taxation Th¢ con]pany is a registered cknity and therefore exetnpt from taxation. 12. Tangible Fixed Assets Land and Buildings Furniture and equipment Total Cost At l June 2023 At 31 May 2024 88,291 88,291 29,433 29,433 117,724 117,724 Depreciation At l June 2023 At 31 May 2024 73,298 75,440 29,433 29,433 102,731 104,873 Iyet Boolc Value At l JiC 2023 At 31 May 2024 14,993 12,851 14,993 12,851 Included within the net boolc value of land and buildings above is £ Nil (2023 £ Nil) in respect of freehold land ]d buildings and £ 12,851 (2023 £ 14,993) lli respect of freeholds. Page 16
2024 2023 13. Stock Stocks 372 382 2024 2023 14. Debtors Trade Debtors Sundry Debtors 3,666 200 3,866 739 739 2024 2023 15. Current Asset Investments UnitTrust 2,736 2,736 Z024 2023 16. Cash and cash on hand Cash on hand Cash at bank 2,535 207,023 209,558 2,040 232,796 234,836 2024 2023 17. Creditorsfalllngdue within one year Trade Cred itors Other taxation and soclal securitv Accruals 12,553 9,179 21,732 15,322 850 16,172 OtherTaxation and soclal security includesthefollowing liabilities: 2024 2023 PAYE Pensi on Cred itor Wages Control 7,943 4,610 13,175 2,147 12,553 15,322 Page 17
Fomt Mertoap Ilote8 to the f4inanelal Statements for the Year Ended 31 May 2024 18, Funds B4lfiDce at Othey BalAnee at Recognlyed 31-Miy 2024 2023 Resow'eèB Exnded Tronslers Ullr¢strkted Funds G¢Th¢r41 96,092 89,526 189,4241 1,235 97,429 Total Unrnstrlcted Funds 96,D92 89,526 189,424> 1,235 97,429 Restrlded FMA¢ts Co-op Ftiends of FeTninount 2,127 4,975 2,875 28,989 12,L27) 4,975 2,875 3,879 Gerald Micktom Oatrway aw&rdB I-lampshll't CC GetGou)g Agajn Hamp5hirE and IOW. We*e AllTo8ether (Digitsl DTOP in R'oje¢t} Hatnpsbirc aith IOW- P¢d&llThV4llcs NaLlonal Lott¢ty- IAG Nafional L4)ttery- LS RMS-T&cIdillg Illeqiwlitios 2 RMS- T&¢klllig Inequlllilies 3 {Pedall) (25,1101 1,137 417 (1,089) 1481 14171 9,378 56,225 43,474 {34.2601 165,7951 31,343 89,235 66,914 1,471 1,471 818 Tothl RuÉrtcted Funds l41,422 98,610 1127,340) {L,2351 111,457 Total Funds 237,514 188,136 (216,764) 208,886 Page 18
New Forest Mencap Notes to the Fin9ncial Statem¢nls for the Year Ended 31 May 2024 18. fi unds 18rnce at ot]r oi-Jttn llltomlng Resovrees Re50urces RE¢tygnlsed gaintsl1l055) 31.may 2023 2022 pended TrALqfers UnrestrletedFvtyb General Iir2,252 86,676 192,839) 96,092 Total Unrestricted Funds lQ2252 86.670 (92,8391 96.092 Restpletgd Fmnrfs Restricted Fund9 Cfvop Fri¢nth of Ferntnount GErLld Mickbm Gateway &w8rds 3,264 4,980 2,875 (1,1371 (51 2,127 4,975 2,87S HLmpshtre CfGetGoitJ8 Agallj H&mp5hb¢ &tLdIOW - We're AIITogether IDigitalDrr>p in Froj¢¢t) Hampsbre ana low - PedalVW&lks At[¢tL[ttery- IAQ NatiottulL(pttery- LS RMS.Trckling IDequlllitiBb 2 BMS~ TacklingIneqLialiti¢s 3 (Ped8111 47,973 (18,9841 28,989 6,596 {5,460) 11,877) (36,539) 132,6741 1.137 417 17,7LI 28,206 68,782 9,378 89,235 1,471 818 53,327 1,471 2,L83 11,364) Totsl Re8tri¢ted fiund$ 142,673 96,988 198,239) 141,422 Total Funds 244,925 183,664 (191,078) 237,514 Page 19
N¥ fiorest Menc4p Notss to the FinAnciAI Ststements for the Year Ended 31 MRY 2024 19. Analysisof netassets between funds Unre5tt1cted funds Re$trlctsd Tot*1 ndS at funds 31 Lllay 2024 General Taiigible fixed assets Current assets Current liabilitie8 12,851 6,978 (21,732) 12,851 105,584 (21,732) 98.606 Total Net Assets (1,903) 98,606 96,703 Unrestrietsd nds Restricted TotAI fitnds at funds 31 May 2023 Genernl Tangible ftxed assets Current assets Current liabilities 14,993 112,264 (16,172) 14,993 238,693 (16,172) 126,429 Total Net Assets 111,085 126,429 237,514 Page 20