Registered Company Limited by Guarnntee Number: 02997217 Reglslered Charity Number: 1042989 Parenting 2£b Parenting 2000 Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023 'ACIXCIKJ* 2211212023 CCMAPANIES 140USE A37 *X)5 s'.11 arentin 2000.0 .ukl PARENTING 2000 INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Page Legal and administrative infomiatic Trustees, annual report (incorporating the diredors ￿pOrt} Independent exa￿neffs report to the trustees Statement of financial activities 10 Statement of financial position 11 Notes to the financial statements 12-20 PARENTING 2000 LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2023 Registered charity name: Parenting 2(Y)O Trustees: Nigel Bellamy Paul Booth Bernadette Cox Susan Holden Steven McDermott Dr Jeremy Swnson Julie Wallis (Chair) Company sttr•tary'. Janine Hyland Chief executive: Janine Hyland Charlty registration number. 1042989 Company registrdtion number. 02997217 Reglstered offirA address: The Lothje. 3 klomington Road, Southport, PR9 OTS Indopendent examiner. Oliver Grills FCA J A Fell & Co Chartered Accountants 40 Hoght¢)n Street. Southport. PR9 OPQ Bankers: HSBC 49a ￿￿tterga1e. Preston. Lancashire, PR1 8BH Solicitors: Appointed when ￿qUired ICT5UPPOrt: Brilannia IT Unit 1. George Business Park, Cemetery Road, Southport, PR8 5EF HR. John Bloor E.B.S. Law Ltd EBS Law House. Posmton, &ockport. SK12 1YH Insurance". Southport Insuran￿ Brokers 36 Hoghton Street, Southport, PR9 OPQ Page 1 of20 PARENTING 2000 TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustees submit their annual report and financial statements for the year ended 31 March 2023. The financial statements follow the requirements of the revised Charities Statement of Recommended Praciice {FRS 102) {second edition - October 2019) - Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charilies preparing their accounts in accordan￿ with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). For the purpose of thanty law, directors arè also the company's Iruslees and are responsible for making all major decisions on behalf of the company and are ￿ferred lo throughout this report as trustees. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing do¢um•nt Parenting 2000 is a company tsmited by guarantee govemed by its Memorandum and Artides of Association dated 1 December 1994 as amended 6 January 2007. 11 is registe￿d with the Charity C￿mMIsSIon. Anyone over the age of 18 can become a member of the Company, each of vthom agrees to contribute £10 in the event of the chanty winding up. Recruitment and appointment of the trustees As sel out in the articles of association. the trustees are elected by members of the charitable company attending the Annual General Meeting. The longest serving one third of trustees ￿tIre aach year and are able to offer themselves for rtrelection. When considering the ctroption of trustees, the ¢harity has regard to the requirements for any speaalisl skills or experience. The trustees are comrnttted to ¢ontinualty reviewing the board's skills-base lo enable members to best fulfil their duties and obl￿allonS. The board of tNstees, which comprises not less than 3 members, administers the charily. The board nonnally meets formalty four times a year V¥ith more regular meetings belween the Chair and Cfmef Executive. A Chief Executive is appointed by the Irustees to manage the day to day operations of the charity. To facilitate effective operatson$, the Chief EXe￿*Ve has delegated authority. V￿thin the tems of delegalion approved by the trustees, for operational matters induding finan￿. employment, and Service delivery activity. Trustee induction and training The Chief Execulive is responsible for inducting newly recrutled trustees and arranging training. The training provided for new truslees will depend on their existing experien￿ and the role they )Mll have on the board. This is soure2d through Sefton CVS, Sefton Counal and independent companies. All trustee$ receive Iraining and CPD in Safeguarding. Risk management The trustees have a risk management strategy covers all ares of the organisalion.. (1) A risk register of the principal risks and Un￿rtaIntieS tt)81 the tharity faces, which is reviewed annually.. {2)The establishment of policies, $ystems and procedures to mitigate those risks identified in the annual review; and 13) the implementation of procedures designed lo minimise or manage any potential impact on the Charity should Ihose risks materialise. Page 2 of 20 PARENTING 2000 TRUSTEES, REPORT {¢orrtinued) FOR THE YEAR ENDED 31 MARCH 2023 08JECTIVES AND ACTIVITIES The trustees confim) that they have referred to the guidance Contained in the Charity Commission's general guidance on public benefit and as such the Chantys objects and activities have been Specifical￿ developed to ensure that they comply Nmth the Charrty Commission guidance on delivering public benefrt. Our mission To support families to fa￿ the challenges of everyday life. Objects of the charity To advance the educakn'on of the putAic regarding safety issues in everyday lile and thereby to preserve and protect the moral and physical welfare of any vulnerable members of society, in particular, but not exdusively, child￿n. throughout the North West of England and Wales. Our values We are he￿ for all membets of our Community particulady targeting services to vulnerable children, young people and families most in need wl)ere dewiwation, poverty and emolional Y￿lIbe[ng dramalicalty affect everyday life. ACHIEVEMENTS AND PERFORMANCE Review and summary of the year Demand for our serNices has increased b8nefitting 2.696 families this year. ArAivities are delivered from both our centres based in S(wlhport and Crosby as ￿Ell as peripatelically from othèr community venues, Schools and prisons N*here offer a %wap ar￿nd, approach for service users to access a range of interventions aimed at overcoming the challenges that children and young people and families face in everyday life. During the year VIE delivered public benefit by the following actimties.. YOUTh WORKANDSUPPORT Al¢hemy Youth.. Our open access and targeted youth promsion operate$ under Ihe brand name 'Alchemy'. Althemy Youth Club runs four evenings a %Yè8k for 140 young people aged 11-18 years old. Youth Club activitie5 are shaped by our young people prowding an opportunity for them to learn, engage in positlV8 childhood experiences, develop resilience and make poslive life choices. Greener Futures.. We ran an upryding proied at youlh dlkn vthere our young people t>)uld leam redesign and sewing skills to upcyde their dothing. The Girls Imperium.. A year progRmme of bceducation $0 thal thildren improve their understanding of vthat is happenirg in their brain as they grcw older or ￿en they are triggered by a certain evenUpersonlsc4Jnd was attended by 23 children. Baby Talk Group.. Our perinatal support socsal group. 'Baby Tafk.. The group which has 20 registered members meets weekly vA)ere new and expeding parents can drop in and meet other parents, share ideas and access wOfes￿onaTr infomiation. gUIda￿e and Support. During the sumff*r received funding to run a festival. PARTNERSHIPS Tyred Rides CIC continues lo wyk in partnership with Ajthemy prowding infomiation and advice on all things bicycie and twcling. Tyred Rides is Parenting 2000's Community Interest Company that recycles. sells and maintains bicydes. provides access to leaming cyde maintenance skills and offers volunleenng cyportunities. Sefton Emotional Achievement Service (SEAS): We continue to be a part of a consortium, ￿lch is a group of local charities vtho have Lxsme logethef With the aim of helping children, young people and families to aspire and achTreve through providing bespoke emotional vRIFbeing support. This is delivered al the righl time 2nd right place through voluntary sedor consortium y￿rking. This year we worked with a lo¢al high school on a therapeutically informed programme we designed to help tackle school refusal. Sefton Crisis Café Hub.. This year we expanded our partnership with Sefton Crisis Café Hub for adults is led by Sefton CVS. At both our Southport and Crosby centres Crisis Café now operates to provide an altemative access point for people aged 18yrs and ab)ve ￿qUiring out of hours support where expenencrng symptoms of mental illness Cfisis. Attendance is 48-60 pèople week. In addition to our Southport Peer Support Worker employed a support ￿rker to take referrals from Ihe new Crosby Crisis Café Team to deliver pasloral, practical support and advo¢acy to service5 users outside Crisis Café hours. Sefton Children and Young People's Improving A¢￿$$ to Psychological Therapiès (cyp IAPn Partnership.. Parenting 2000 continues to be an active member of the partnership is part of a national NHS transfomiation programme that aims to improve existing Child and Adolescent Mental Health Services. Our chief exe¢%tive completed the Leadership in psychological therapies for Children's and young people with funding via the partnership. Buddy Up Plus.. A Sefton CVS project offers a %*ekty social opportunity for young adults aged 18 10 25 from both of our centres have additional needs and disabilith'es and are al risk of soaal isolalion which in tum has a negative impact upon their mental health. Several alumni from Alcherny Youth have joined the group. Page 5 of 20 PARENTING 2000 TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023 OBJECTIVES AND ACTIVITIES (continued) Edge Hill Universty.. We C￿ntInUed our parthership with Edge Hill University and hosted 8 students vtho were Masters and first Degree therapy students on dinical pla￿Ment. Our therapeutic lead delivered training approved by the unIver￿ty to the students on besl practice specifically for working th children and young people in therapy. ANTI POVERTY MEASURES Children and young people and their farilies have benefitted from anti-frt)vety inrtiatives that parenting 2CK)O has been involved in delivering.. Acces5 to Food: We provided a combination of 535 packed and cooked meals for children in the school summer holidays" Holiday A¢tivity Fund (HAF) (Sefton Council).. We supported 436 CYP wlh enhanced activities and food during school holidays.. Wint•r Clothos Fund (CVS).. Vouthers for 28 ino)me families to buy ￿Inter clothes for children and young people. Youth mentors assisled some CYP to spend their ￿uCherS wisety; and Christmas Shelter. Volunteets provided 300 hol meals. 4LX) santhsches, 80 ￿0ked breakfasts and 80 food bags to homeless and vulnerable people over the Christmas 2022 period. Farm Food Vouchers Y￿￿ donated by Southport Rotary Club and Southport LionslRound Table donated Christmas Hampers for 24 of our families. Toys and ASDA vouchers V￿re gifted by the Rotary Club. HOSTING IN OUR CENIRES This year hosted the foll￿1ng grOup￿organiSatIons'. Tyred Rides CIC, The Frantastic Day Nursery, Engage and Change CIC, Access Sefton, Sefton CVS. Buddy Up, Buddy Up Plus, Aiming High, Sefton Young Carers. Merseyside Youth Assooation. Southport Writers. G Master Key Martial Arts and space for sooal care ￿ntaCtS for Sefton. ￿Verpool, Wirral and Halton Counals. FINANCIAL REVIEW Review and summary of the year The results for Ihe year and state of the charity's affairs at 31 March 2023 are sel out in the financial statements on pages 10 to 20 showing income of £573.372 (2022 - £562,850) and expenditure of £527,84012022 - £527.699). The charily recorded a surplu$ of £45,532 (2022.. £35,151) for the year bringing the total funds to a surplus of £479,59712022.' £434,iA5). The Charity continues to occupy 3 buildings over two sites and has maintained reserves to specifically supwrt their maintenance. The tharity's cash reserves are invesled in bank deposil accounts. The truslee5 regularly review the investment oplions. Principal funding sources The principal funding sources of the charity (￿ntInueS to be public sector commissions from Sefton MBC, supplemented by a number of smaller grant funds and from room hire and some private therapy services. Page 6 of 20 PARENTING 2000 TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 31 MARCH 2023 FINANCIAL REVIEW (continued) Reserves policy The trustees have revi&NEd the ReseNes Policy of Ihe diarity and have recognised the need to establish appropriate level of working captal to sustain the future operations and obligations in Ihe event ol unforeseen reductions in its income streams to be designated to cover 6 months running ¢o$t$ in line wth Charity CoMmis￿On Guidelines. As at 31 March 2023, 6 months running costs would be equal to about Q64,000. Unrestricted reserves stood at £208,121 plus a designated ¢onlingenGy reserve of £171,183. The trustees feel th* this is sufficient to maintain the services currentky beiNJ run. RELATED PARTIES AND C04)PERATION WITH OTHER ORGANISATIONS None of our Iwslees re￿1ve remuneration or other benefit from their th with Ihe charity. Any connection befvnen a trustee or senior manager of the tharity and any dient or supplier 1$ disclosed lo the full board of trustees in the same Nydy as any other ¢ontra¢tual relationship bmth a related paty. In the current year no suth related paty transacti¢)ns were reported. PLANS FOR FUTURE PERIODS We recognise that it is necessary to create a more diversified in¢x)me base for the suslainability of the tharity and as such established a Mental Health and Wellbeing trading ami 'Mindful Futures CIC, for the expansion of our commissioned therapy and anallary vRII-being activities. Our Bicycle recycling and repair service 'Ty￿d Rides CIC. continues lo generate income for the Charity and going forward we wll continue lo maximise and identfy income generating opportunities that are aligned to our charitable mission. STATEMENT OF IRUSTEES, RESPONSIBILITIES Law applicabl8 to charities in England and Wales requires the trustees to prep8re financial statements for each finanaal year ￿lch give a true and fair vie4V of the charity's finanaal activities during the period and of its financial positson al the end of the year. In preparing those financial statements, the trustees are required lo- selecl suitable accounting poliaes and appty them consistently: make judgements and estimates that are reasonable and prudent., stale whether applicable aCCo￿ling standards and statements of recommended practi have tseen follov•Ed. subied to any departures disck)sed and explained in the finanaal stalemenls., p￿pare the finanaal statements on a going concern basis unless rt is inappropriate lo presume Ihat the charity ￿711 continue in operation. The trustee$ are ￿spOnSible for keeping accounting records v*hich disdose with reasonable accuracy al any time the finanaal position of the charty and enable them to ensure that the financial statements comply ￿1th the Charities Ad 2011. They are also responsible for safeguarding the assets of the charity and hence for taknng reasonable steps for the prevention and detection of fraud and other irregularities. Page 7 of 20 PARENTING 2000 TRUSTEES, REPORT {¢ontinued) FOR THE YEAR ENDED 31 MARCH 2023 APPROVAL This report was approved by the board of trustees on .... . . ..... behalf by: and signed on its ellamy - trustee Page 8 of 20 PARENTING 2000 INDEPENDENT EXAMINER'S REPORT TO THE TrUSTEES OF PARENMNG 2000 FOR THE YEAR ENDED 31 MARCH 2023 I ￿pOrt to the tNslees on my examinaknon of the financial stalemenls of Parenting 2000 {'the charity,) for the year ended 31 March 2023, ¥¥ttich are set out on pages 10 to 20. R•sponsibilities and ba$1$ of report As the trustees of the company (and also ils directors for Ihe purposes of company law) you are responsible for the preparation of the finanoal statements in accordance with the requirements of the Companies Act 2006 ('Ihe 2006 Ad,). Having Satisfied myself Ihat the finan¢ial statements of the company are nol required to be audited under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my 8xamination of the tharity's financaal statements as carried oul under sedion 145 of Ihe Charities Act 2011 {'the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under seclion 145(5)(b) of the 2011 Act. Independent examiners statement Since the charitls gross income exceeded f250.000 your exarniner must be a member of a bo listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake thè examination because l am a qualified member of The Institute of Chartered Accountants in England and Wale$, which is one of the listed bodies. I have completed my examination. I confim that no matters have come to my attention in connection V*ith the examination giving me uuse to believe that. in any material respect.. accounting rewds ￿ere not kept in respect of the tharity as required by section 386 of the 2006 Act: or the financial staternents do rK)t acccKd bmth tf#)se ￿Cords., or the financial statements do not comply *ryth the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view vthich is not a matter considered as part of an indeperbdent examination.. or the financial statemenls have not been prepared in accordance V¥ith Ihe methods and principles of the Statement of RecommerKled Pracli¢e for accounting and reporting by ¢harilie$ applicable to charities preparing their accounts in accordance )Mth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come a(xoss no olher matters in conne¢iion wth the examination to which attention should be drawn in this report in order to enable a proper understanding of Ihe accounts to be reached. OliverGrills FCA {Independent examiner) for and on behallolJ A Feu & CoCharterndAccouthtsnts 40 Hoghton Slr•oL Soulhm PR9 OPQ ioL Page 9 of 20 PARENTING 2000 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted Rèstrlcted fjjnds funds Toiol Uniestricled Reslri¢ted funds funds fvnds Tota lunds 2023 2023 2023 2022 2022 2022 Notes INCOME FROM: Donations and legaae$ Charitable activilies Investments 5,675 5,675 119.036 446,613 565,649 6,228 6.228 91,288 464,926 556.214 408 TOTAL INCOME 126.759 446,613 573.372 97,924 464,926 562.850 EXPENDITURE ON: Charitable a¢liwties 91,640 436.200 527.840 54,524 473,175 527.699 TOTAL EXPENDITURE 91.640 436.200 527.840 54.524 473,175 527.699 NET INCOMEI(EXPENDITURE) FOR THE YEAR 35.119 10.413 45,532 43.41y) (8,249) 35.151 Fund balances at 1 April 2022 423.002 11.063 434065 379,602 19,312 398,914 Fund balances at 31 March 2023 458,121 21,476 479,597 423,002 11,063 434,065 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuirKJ activities. The Statement of financial acliwties also complies the requirements fcf an income and expenditure account under the Companies Act 2006. The notes on page$ 1 to 20 fomi part of these financial statements. Page 10 of20 PARENTING 2000 Rwjistered Company Limiled by Guarantee Number.. 02997217 Registered Charity Number: 1042989 BALANCE SHEET AS AT 31 MARCH 2023 Total funds 2023 Total funds 2022 FIXED ASSETS Tangible assets 10 69,240 73.867 69,240 73,867 CURRENT ASSETS Debtors Cash at bank and in hand 11 8.786 435,831 24,539 380,926 444.617 405,465 CREDITORS: amcunts f811ing due within one y• 12 22.894 29,197 NET CURRENT ASSETS 421.723 376.268 TOTAL ASSETS LESS CURRENT UABILIMES 490.963 450.135 CREDITORS: amounts falling dug after more 1han one year 13 11,366 16,070 NET ASSETS 479,597 434.065 INCOME FUNDS Restricted funds 14 21.476 11.063 Designated funds General unrestricted funds 15 250.000 208,121 250.OCQ 173,002 TOTAL FUNDS 479,597 434,065 For the year ending 31 March 2023 the tharity was entiued to exemplion from audit under s8Ction 477 of the Companies Act 21)]6 relating to small companies. Directors, responsibilities.. The members have not required the company lo obtain an audit of its finanaal statements for the year in question in aco)rdan¢e with section 476., The d1￿ctorS athrKh*ledge their responsibilities for complying the ￿qUirements of the Act ￿tyth respect to accountsng records and the Fyeparation of financ4al statements. These financial statements have been prepared in xcordance ￿ryth the provisions applicable to companies Subje￿ lo the small companies. regime. Th se fina aal statemenls V•ere approved by the board of trustees and authorised for issue on . and are signed on behalf of the board by: The notes on es 1 to 20 fomi part of ttkse financial statements. Page11of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 1 ACCOUNTING POLICIES a Charfty inforniation Parenting 2000 is a private company limtted try guarantee incorporated in England and Wales. The registered office is The Lodge, 3 Momington Road, Soulhport. PR9 OTS. b Accounting ¢on%*ntion The financial statements have been prepa￿d in accordan￿ with the charity's memorandum and articles of association incorporated 1 De￿rnber 1994. Companies Act 20C6 and 'Accounting and Reporting by Charities= Stalement of Reo)mmended Praclice applicable to charities preparing their accounts in accordance the Finanaal Reports'ng Standard apFdicable in IP UK and Republic of Ireland (FRS 102) (effects've January 2019>. The charity is a Public Bènefit Entity as defined by FRS 102. The d)arity has taken advantage of the proiisions in the SORP fcrf charities apptying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash FIcpw5. The financial stalemenls are prepared in sterling, N*thich is the functional currency of th8 charity. Monetary amounts in these finanaal statements are rounded to the nearest vknole £. The financial slatements have been prepared under the historical cost convention. modified to indude Ihe revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The prinapal accounting policies adopted are sel oui below. c Golng concem At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational e￿stenCe for the foreseeable futu￿. Thus the trustees continue lo adopt the goiThJ concem basis of accounting in preparing the financial stalements. d Charitable funds Unrestricted funds are available for use at the di%Trt¥)n of Ihe trustees in furtherance of their charitable objectives. Designaled funds comprise unrestrided funds %*thich have been set aside at the discretion of the Iruslees for specific purposes. The PLKposes and uses of the designated funds are set oul in the notes to the financial slalements. Restrictèd funds are subject to specific conditions by donors as lo how they may be used. The purpose and uses of the resln'cted fLsnds are sel out in the notes to the financial $talements. Income Income is recognised vthen the charity 1$ legalty entitled to it after any perfomance conditions have been met, the amounts can be measured reliably. and il is probable thal income ￿11 b& received. Cash donations are recognised upon ￿￿1pt. Other donations are recognised once the charity has been notified of the donation, unless performance condilions require deferral of the amount. Income tax re¢￿Verable in relation to donations received under Gift Aid or deeds of covenant is reo)gni$ed at the lime of the donation. Page 12 of 20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 1 ACCOUNTING POLICIES (continued) In¢ome {continued) Govemmenl grants a￿ reccgnised at the fair value of the asset received or re￿[Vable there is reasonable assurance that Ihe grant condits'ons ¥MII be met and the grants will be received. A granl that specifies performance obligations is recognised in income vthen the perforrnance conditions are met. Where a grant does not specafy perfomance conditions il is recognised in income vknen the prcKeeds are re￿IVed or r￿e1vable. A grant received before the recognition criteria are satisfied is re¢ognised as a liability. f Expenditurn Liabilities a￿ recognised as expenditure as SOC￿ as there is a legal or constructive obligation committing the charty to that expendllure. it is probable that settlement viill be required a)d the amount of the obl￿atIon ¢an be reliably measured. All expenditu￿ is accounted for on an aoyuals basis. Charitable expenditure comprises th¢)se costs inojrred by the charity in the delivery of its activities and seNces for its tseneficiaries. It indudes both costs that can be allo¢aied directly to such actiwties and those costs of an indirect nature necessary to support them. Governance costs indude those costs associaled with meetsng the conslitutional and statutory requirements of the charity and indude the independent examination fees and costs linked to the strategic management of the charity. g Tangible lixed assets Tangible fixed assets are initialty measured at cost and sUbseqUen￿Y measured at cost or valuation, net of d&pr8ciation and any impaiment losses. Depreciation is recognised so as to off the cost or valuation of the a$$ets le$s their residual values over their useful lives on the follov•ing bases: Leasehold larKI and buildings Compulers Motor vehide$ 5% straight line 25% reduang balar 25% reduang balance The gain or loss arising on the disposal of an asset is detemiined as the difference befvfftn the sale proceeds and the carrying value of the asset, and is recognised in net incomel(expenditure) for Ihe year. h Impalmxnt of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to detemine vthether Ihere is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detemine Ihe extent of the impaifflient loss (rf any). i Cash and cash •quivalents Cash and cash equivalents indude cash in hand, deposits held al call Imth banks. other short- temi liquid investments ￿ryth original maturities of three months or less, and bank overdrafts. Bank overdrafts are Sho￿ bwthin borrowings in current liabilrties. Page 13of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2023 1 ACCOUNTING POLICIES (continued) j Financial instrurnents The charity has elected to apply the provision of Section 11 '8asic Finanaal Instruments, and Section 12 '0ther Finanoal Instruments Issues. of FRS 102 to all of its finanaal instruments. Financial instruments are recognised in the charitys balance sheet Mthen the tharty becomes party to the contractual provisions of the instrument. Financial assets and liatslities are offset, wih the amounts presented in the financial statements, ￿en there is a legally enfor￿able right to set off Ihe recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basie flnanclal assets Basi¢ financial assets, %￿ich indude debtors and rash and bank balances are initially measured at transaction price induding transaction costs and are subsequently carried at amortised Cost using the effective interesl method unless the arrangenRnt constrtutes a financing transaction, where the transaction is measured at the present value of the future receipts disrnunled at a market rate of imerest. Finanaal assets dassified as receivable within one year a￿ not amortised. Basic flnanclal Ilabilltles Basic financial liabilities. induding creditors and bank loans are initialty recognised at transaction price unless the arrangement constitutes a financing trans&tion, ￿ere the debt instrument is measured at the present value of the future payments discounted at a market rale of inte￿$t. Financial liabilities classified as payable ￿1th1n one year are not amorbsed. Debt instruments are subsequentty carried at amortised cost, using the effective interest rale method. Trade creditors are obligation$ to pay for goods or services thal have been acquired in the ordinary course ol operations from suppliers. Amounts payable are dassified as current liabilities if payment is due wthin one year or less. If not, they are presented as nonacurrent liabilities. Trade Cfeditors are recognised initialty at transaction pri￿ subsequentty measured at amortised Cost using the effective Inte￿$t rate method. Dern¢ognition of finan¢ial liabillties Financial liabilities are derecognised vthen the charitls ojnlractual obligations expire or are discharged or cancelled. k Retirnment benefrts Payments to defined contribulion retirement benefrt schem8s are charged as an expense as they fall due. Page 14of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2023 2 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the chaiitys accounting poliaes, Ihe truslees are required to make judgements, estimates and assumptions aboLrt the carying amount of assels and liabilities that are not readily apparent from other sources. The estimates arKI as$oaated assumptions are based on historical experience and other faclots that are considered to be relevanl. Actual results may differ from these estimales. The estimates and undertying assumptions are reviev￿d on an ongoing basis. Revisions lo accounting estimates are re￿nised in the period in which the estimate is revised where the revision affects only that period, or in the period of the ￿ViSIon and future periods vthere the revision affects both current and future periods. 3 INCOME FROM DONATIONS AND LEGACIES UTrrestrlcted Restrt¢tsd fvnds fund$ Total Lknrestrthd Restn"¢tg nd$ funds funds Tolol funds 2023 2023 2023 2022 2022 2022 Donations and gifts 5,675 5,675 6,228 6,228 5,675 5,675 6.228 6,228 4 INCOME FROM CHARITABLE AcThllTES Unrestslctsd Restrfcted nds fvnd$ To￿1 nds 2023 Unresitted Restrictsd funds nds Tot81 nds 2023 2023 2022 2022 2022 Family Support Grants received Therapeutic commissioning Room hire Sessional fees Youth Club subsuiptions Minibus third paty hire Mis￿lIaneOuS 5.000 446.613 451,613 28,597 28,597 70,008 70,008 1,225 1,225 7.5(Kl 464,926 472,426 17,834 17,834 52,448 52,448 1.245 1,245 3.398 3,398 5,795 5,795 3,068 11,362 11.362 119,036 446,613 565.649 91,288 464,926 556.214 Page 15of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2023 5 INCOME FROM INVESTMENTS Unrestrfcted Re5trtcted fvnds fvnds 2023 Total Unrestricted Restricted fund$ fund$ T¢lal funEIs 2023 2023 2022 2022 2022 Interest received 2.048 408 2.048 408 6 EXPENDIIURE ON CHARITABLE ACTIVITES Untestrlcted Restrfcted nds funds Total Unrestricted Restricted nds fvnd5 funds Total funds 2023 2023 2023 2022 2022 2022 Family Support Staff costs Travel Premises Counselling Beneficiary activities Printing, postage and stationery Telephone and computers Equipment General expenses Professional fees 203,942 203.942 7.817 7,817 6,128 6,128 23,462 37,337 60,799 449 25.869 26,317 1.661 1,661 5.954 5,954 3.820 3,820 1.334 13 13 23,911 293.874 317,785 249.655 249,655 5.412 5,412 10,060 10,060 47,843 47,843 34,613 34,613 2,283 2,283 3,085 3,085 5,287 5,287 1,127 1,127 700 700 0.055 360.065 Supwrt costs {see note n Govemance costs (see note T) 65,869 142,326 208.195 1,860 1,860 67.729 142.326 210,055 52.724 113,110 165.834 1,800 1,800 54,524 113,110 167,634 91.640 527,840 54.524 4 3.175 Page 16of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2023 7 SUPPORT COSTS ilnfestiicted Restrfcted nds fvnd$ Total nds Lknrèstn"cted Rèstricted hjnds funds Total funds 2023 2023 2023 2022 2022 2022 Support costs: Staff costs Staff training Travel Premises Insuranr Printing, postage and stationery Telephone and computers General expenses Professional fees Depreciation 9.003 92,473 101.476 737 1,303 2,IMO 2,138 2,138 21,988 48.550 70.538 7,731 7,731 156 156 11,209 11,209 4,248 4.248 4,032 4,032 4.627 4.627 65,869 142.326 208.195 81,276 81,276 3,319 3,319 16.619 31.834 48,453 9,045 639 639 13.732 13,732 557 557 3.615 3,615 5,198 5,198 52.724 113.110 165,834 Govemance costs: Independent examinats'on 1,860 1,860 1.800 1.8C(I 1,800 1,800 67,729 142,326 210,055 54.524 113.110 167,634 8 TRUSTEES None of the trustees (or any persons connected V•ith them) received any remuneration or benefits from thè tharity during the year (2022 - none). Expenses totalling £25 {2022 - £48) were repaid to trustee$ during the.year. g EMPLOYEES The average monlhty number of employees during the year ￿a5. 2023 Number 2022 Numbèr 20 19 2023 2022 Total staff costs recogrused in the year. Wages and salaries Social securty costs Pension costs 276.734 15.391 13.293 299,045 17,252 14,634 305.418 330,931 No employees whose total emFAoyee benefits (exduding employer pension and nat￿nal in$urance costs) for the reporting period amounted to over £60.000 {2022 - none) Page 17of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2023 10 TANGIBLE FIXED ASSETS Leasehold Land and Buildings Computers Motor Vehicles Total Cost At 1 April 2022 206,254 178,943 127.797 512,994 At 31 March 2023 178.943 127.797 512.994 Depreciation and irnpairn￿nt At 1 April 2022 Depreciation charged in the year 137,055 3.460 178.375 142 123,697 1,025 439.127 4,627 At 31 March 2023 140,515 178.517 124,722 443,754 Carrying amount At 31 March 2023 65,739 426 3,075 69,240 At 31 frfarch 2022 69.1 568 4,100 73, 11 DEBTORS 2023 2022 Amounts falling due wlthin one year. Trade debtors Other deblors Prepayments arKI accTued income 2,214 1,558 5.014 19,636 1,558 3,345 8.786 24,539 12 CREDITORS: AMOUNTS FALLING DUE vnTHIN ONE YEAR 2023 2022 Other loans Deferred income Trade creditors Accruals and olher creditors 4,701 10.000 5,345 2.848 3,935 12.01)J 9,759 3,503 22,894 Page 18¢f20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2023 13 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022 Other loans 11,366 16,070 11.366 16,070 14 RESTRICTED FUNDS The income funds of the tharity indude ￿$tricted furAls comprising the fdlo*ing unexpended balances of donation$ and grants held on tnjst for specific purposes: Balance at 1 Apr2021 Mtyement in fvnds Balance at Income Exp8ndthre 1 Apr 2022 Movemtnt in Balance at Income Expondibjre 31 Mar 2023 E•Ay￿pP￿￿* 105.000 105,000 30.000 30,000 20,000 20,000 54,250 54,250 6,120 6,120 1.084 1.084 7,808 60.678 68.486 65.833 65.833 11,405 10,315 10.lJ)O 447 10.000 30.000 40.000 105.000 105,000 30.CQO 30,000 20,CQO 20.1x4) 54,250 54,250 14,280 10,765 SMPL SI4BC (￿￿oIn5 SMPL P*4i¢¥yA¢UYly SOMI ln*strrAnt￿￿￿ 3,515 sofknnCc￿ eouwi 54.197 54,197 61.106 59.250 18,624 13,884 1,856 5,830 9,455 ￿n￿l grnrts 1.090 9.553 Poiks furtong.￿ty￿b￿ ewt¢ 8ar*.GirfsI￿rftrrn 0[￿¥Ful 35.000 35,000 9,656 9,656 2,500 2.100 10.000 10,OQ3 5,000 5,000 7,￿0 7.000 20.000 20.0(K) 400 ono1 L¢t*ry 8,440 Pwte StyJ11rnrtTry￿ Contyv StrWG•Aw UK WEA IESFI-W•iW41?WJ 19.886 19,886 6.799 6.799 36,515 36,515 WEA iE8PI.Minthl EE- IAPTTrnlM• VRU¥lo 420 420 420 19,312 464.926 473.175 11,[￿3 446.613 436,200 21,476 Page 19of20 PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 MARCH 2023 15 DESIGNAIED FUNDS The income funds of the charity indude restricied funds comprising the following unexpended balances of donalions and grants held on trust for $pecifi¢ purposes.. Balance at Movemwt in funds Balance at 1 Apr 2021 Transfer lfi Trwsfer Out 1 Aw 2022 Movement in fvnd5 Balance at Transfer In Tianslw Out 31 Mar 2023 79,065 15,226 151.330 9,577 5,198 73,867 166,556 9.577 4,627 69.240 171,183 9,577 Contiryrryfvr hei 4,627 103.868 151,330 5,198 250,0(K) 4,627 4,627 250,000 16 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Designated Restricted Funds Funds Funds 2023 2023 2023 Total Funds 2023 Fund balances at 31 March 2023 are represented by: Tangible assels Current assets l (liabilities) Long temi liatslities 69,240 180,760 69,240 21.476 421,723 {11.366) 219.487 (11.366) 208.121 250.000 21.476 479,597 Unrestricted Designated Restricted Funds Funds Funds 2022 2022 2022 Total Funds 2022 Fund balances at 31 March 2022 are represented by: Tangible assels Current assets l (liabilities) Long term liabilities 73,867 176.133 73,867 11,063 376,268 (16,070) 189,072 (16.070) 173,002 250,000 11.063 434,065 17 RELATED PARTY TrANSACTIONS There WEre no known disdosable related party transactions during the year {2022 - none). 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