Registered Company Limited by Guarantee Number: 02997217 Registered Charity Number: 1042989 Parenting ZQ) Parenting 2000 Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 'ADIDAOFC• 2011212024 COMPANIES HOUSE A23
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PARENTING 2000 INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Legal and administrative information Trustees, annual report (incorporating ihe directors report) Independent examinerfs report to the trustees Statement of f inancial activities 10 Statement of financial position Notes lo the financial statements 12-20
PARENTING 2000 LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2024 Registered charity name". Parenting 2000 Trustees: Nigel Bellamy Paul Boolh Bernadette Cox Susan Holden Dr Jeremy Swnson Julie Wallis {Chairl Company secretary. Janine Hyland Chief executive: Janine Hyland Charity registration number: 1042989 Company registration number: 02997217 Registered offlce address: The Lodge, 3 Mornington Road, Southport, PR9 OTS Independent examiner: Oliver Grills FCA J A Fell & Co Chartered Accountants 40 Hoghlon Street, Soulhport, PR9 OPQ Bankers: HSBC 49a Fishergale, Preston, Lancashire, PR18BH Solicilors: Appointed when requir8d ICT support: Britannia IT Unit 1, George Business Park. Cemetery Road. Southport. PR8 5EF HR: John Bloor E.B.S. Law Ltd EBS Law House, Poynion, Stockport, SK12 1YH Insurance: Southport Insurance Brokers 36 Hoghton Street, Soulhport, PR9 OPQ Page 1 of 20
PARENTING 2000 TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees submit their annual report and financial statements for the year ended 31 March 2024. rhe financial statemenis follow the requiremenis of the revised Charities Slatement of Recommended Practice (FRS 102) (second edition October 2019) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive 1 January 2019). For the purpose of charity law, directors are also the company s trustees and are responsible for making all major decisions on behalf of the company and are referred to throughout this report as trustees. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Parenting 2000 is a company limited by guarantee governed by its Memorandum and Articles of Association dated 1 December 1994 as amended 6 January 2007, It is registered with the Charity Commission. Anyone over the age of 18 can become a member of the Company, each of whom agrees to Contribute £10 in the event of the charity winding up. Recruitment and appolntment of the trustees As set out 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 retire each year and are able to offer themsélves for re-election. When considering the co-option of trustees, the charity has regard to the requirements for any specialist skills or experience. The trustees are committed lo continually reviewing the board's skills-base to enable members to best fulfil their duties and obligations. The board of trustees, which comprises not less than 3 members, administers the charily. The board normally meets formally foLJr times a year with more régular meetings between the Chair and Chief Executive. A Chief Executive is appointed by the trusiees to manage the day to day operations of the charity. To facilitate effective operations, the Chief Executive has delegaled authority, within Ihe terms of delegation approved by the trustees, for operational matters including finance, employment, and service delivery activity. Trustee induction and training The Chief Executive is responsible for inducting newly recruited trustees and arranging training. The training provided for new Iruslees will depend on their existing experience and the roie they will have on the board. This is sOUrd through Sefton CVS. Sefton Council and independent companies. All trustees receive Iraining and CPD in Safeguarding., Risk managemenl The trustees have a risk management strategy which covers all ares of the organisation.. (1) A risk register of the principal risks and uncertainties that the charity faces, which is reviewed annually; (2)The establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and (3) the implementation of procedures designed to minimise or manage any potential impact on the charity should.those risks materialise. Page 2 of 20
PARENTING 2000 TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and as such the Charity's objects and activities have been specifically developed to ensure that they comply with the Charity Commission guidance on delivering public benefil. Our mission To support families to face the challenges of everyday life. Objects of the charity To advance the education of the public regarding safety issues in everyday lrfe and thereby to preserve and protect the moral and physical welfare of any vuln6rable members of society, in Particular, but not exclusively, children, throughout the North West of England and Wales. Our values We are here for all members of our community particularly targeting services to vulnerable children, young people and families most in need where deprivation, poverty and emotional wellbeing dramatically affect everyday life. ACHIEVEMENTS AND PERFORMANCE Review and summary of the year Demand for our services has increased benefitting 2,698 families this year. Activities are delivered from both our centres based in Southport and Crosby as well as peripatetically from olher community venues, schools and prisons where we offer a 'wrap around, approach for service users to access a range of inteNentions aimed at overcoming the challenges that children & young people and families face in everyday life. During the year we delivered public benefit by the following YOUTH WORK AND SUPPORT Alchemy Youth.. We continue to deliver a wide range of both open access and targeted innovative youth diversionary activities keeping abreast of key issues facing young people. Our open access and targeted youlh provision operate under the brand name 'Alchemy'. Alchemy Youth Club runs four evenings a week for 140 young people aged 11-18 years old. Youth Club activities are shaped by our young people providing an opportunity for them to learn, engage in P051tive childhood experiences, develop resilience 2nd make positive life choices. Greener Futures: We ran an upcycling project where our young people could learn redesign and sewing skills to upcycle their clothing from professional fashion designersl sewing specialists. Funded by the L1 Foundation, the project was a huge success with over 55 young people taking part in it. At the end of this year we were delighted lo receive confirmation that we had been selected for further funding to deliver this projecl again so more children can benefit. The Girls Imperium.. We successfully completed a two-year personal safety empowerment programme, where we delivered a series of boot camps to 165 girls lyoung women aged 9-19 years old to give them vital skills and guidance around practical personal safety knowledge and skills, Participants learnt physical skills for self- defence and mental resilience from specialist professionals. Participants pOrted that the skills and guidance made them feel more in control of their lives. Page 3 of 20
PARENTING 2000 TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES (continued) Made By Mitchell Guest Speaker and Masterclass 'From Harvey Nics to Alchemy, 20 Young people attended a Makeup maslerclass with Celebrity Make Up Artist and business brand owner Mitchell of Made by Mitchell. Mitchell visited our Crosby Centre free of charge in the middle of a personal appearance tour of Harvey Nicols Stores. In addition to his master class our young people heard his inspirational career palhway from when he was a teenager in Bolton attending his local youth club that he credits as having an important positive influence on his life, to how he became a celebrity makeup artist and developed his brand in his early 20s. He gave insights on and the industry with his Creative Director who specialised in the packaging and product design campaigns of the brand. Targeted Youth.. We received funding for a 3rd year from Merseyside Police's Stonehaven initiative, aimed to Safeguard children and young people from being groomed & exploited by criminals. Our programme provided one to one youth mentoring, activities in small groups as well as preventative awareness raising interventions for young people aged 11-18 yrs. to steer them away from negative influences in the context of youth crime and embrace positive lifestyle choices with focus and drive. During the period April 2023-2024.. 120 young people engaged in total 32 young people received intensive targeted interventions 88 young people participated in mass delivery preventative interventions Youth Mentoring was absolutely fantastic guidance" I feel a lot like myseff because of my Youth Mentor's To further our commitment to the work we do around protecting young people against criminal exploitation in our community, we actively joined a new pilot led by the Children's Society; collaborating with a group of professionals from different agencies to engage with businesses which operate within the Night Time Economy (NTEI in Southport Town Centre to establish their understanding and perception of child exploitation wilhin Soulhporl and how they havelwould respond to any concerns regarding a child or young person. YOUTH INVESTMENT FUND Along with our young people, we were delighted to secure, £150,000 to renovate our Crosby Centre following a successful application to The Youth Investment Fund which is part of the government's Levelling Up Provision. The refurbishment will enable us to provide more activities for more children and young people in our community, including mental health support and will reduce our carbon footprint. Building Works are expected to be completed next year. EARLY HELP FAMILY SUPPORT Whole Family Working Interventions through the Sefton Troubled Families Initiatives, our Iwo-family support workers help families by intervening at an early stage before the problems become too serious to get their children back into school, reduce criminal activity, domestic violence and anti- social behaviour in the home and help parents back into employmenl. 70 Families received Early Help Support to overcome difficulties and prevent crisis. Page 4 of 20
PARENTING 2000 TRUSTEES, REPORT {continued) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES (continued) 'This year I could not have imagined that our family would be here. Thanks to my early help family support worker our family life has done a complete 360-degree turnaround and we are managing things well now,. l am so graleful for 311 your support. 'My early help family worker has been an incredible bridge in communication between ourselves and school whenever issues needed to be resolved or are brought up she's made a lot of Ihings we are dealing with a lot easier to manage and digest. We are very th8nkful for h8r involvement in our family and all that she has done for us. Child Safety Fittings.. We deliver a child safety equipment fitting scheme into people's home under the Child Injury Prevention Scheme funded by Sefton MBC. Child safety equipment was fitted to 365 households with a total of 2525 items of safety equipment fitted such as stair gates, fire guards, cupboard locks etc. THERAPY AND MENTAL HEALTH SUPPORT Our team of professional therapeutic counsellors, registered with 8ACPIUKCP, provide therapeutic counselling for children (aged six years and upwards), teenagers, parentslcarers (all genders) individuals or couples, individual adults (all genders) and families where we operate a whole family approach to working wilh children and young people. 140 Children and Young People and adults accessed our Therapeutic Counselling servIs this year. Mental Health Support Groups: 129 young people and parents attended our workshops and support sessions and groups this year which were.. Youth mentoring.. One to one support from 8 Youth worker attended by 32 young people this year. Youth Circle.. An educational psychologist designed and led groups for young people focusing on common youth issues, attended by 12 young people this year. Parenting Programme (Youth Connect 5).. Course for parentslcarers which aims to educate about teenage brain development and the impact on mental well-being. The overall aim being to improve family resilience. 25 parents attended Ihis year. Kindness Box.. For younger children incorporating the use of psycho-education so that children improve their understanding of what is happening in their brain as they grow older or when they are triggered by a certain eventlpersonlsound was attended by 23 children in 2022 and a further 30 this year making the total 53 participants. I feel I have a few more tools. to help deal with situations. Thank you. ' Parent/career Baby Talk Group.. Our perinatal support social group, 'Baby Talk,. The group which has 20 registered members meets weekly where new and expecting parents can drop in and meel other parents, share ideas and access professional information. guidance and support. During the summer we received funding lo run a festival. Falling Leave Bereavement Support workshop: A high quality therapeutically informed psycho- educational based group approach to help adults through Iheir journey of grief. 32 people participated. Falling Leaves has been a real lifeline,. the weekly topics have been so appropriate and beneficial, Page 5 of 20
PARENTING 2000 . TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES (continued) PARTNERSHIPS Tyred Rides CIC continues to work in partnership with Alchemy providing information and advice on all things bicycle and cycling. Tyred Rides is Parenting 2000's Community Interest Company that recycles, sells and maintains bicycles, provides acSS lo learning cycle maintenance skills and offers volunteering opportunities. Sefton Emotional Achievement Service (SEAS).. We conlinue to be a part of 2 consortium, which is a group of local charities who have come together with the aim of helping children, young people and families to aspire and achieve through providing bespoke emotional well-being support. This is delivered al the right time and right place through voluntary sector consortium working. This year we worked with a local high school on a therapeutically informed programme we designed to help tackle school refusal. Sefton Crlsis Café Hub.. We continue to host and work in partnership with Sefton Crisis Café Hub for adults which is led by Sefton CVS al both our Southport and Crosby cenires. Crisis Café operates 3 evenings a week (Friday - Sunday) to provide an alternative access point for people aged 18yrs and above requiring out of hours support where experiencing symptoms of mental illness crisis. Attendance is 48-60 people a week. We employ Peer Support Worker (one in each of our centres) to take referrals from the Crisis Café Team to deliver pastoral, practical support and advocacy io services daytirne outside Crisis Café hours, daylime during the week. Sefton Children and Young People's Improving Access to Psychological Theraples (CYP IAPT) Partnershlp.. Parenting 2000 continues to be an active member of the partnership which is Part of a national NHS transformation programme that aims to improve existing Child and Adolescent Ment81 Health Services. Buddy Up Plus.. A Sefton CVS project offers a weekly social opportunity for young adults aged 18 to 25 from both of our centres who have addilional needs and disabilities and are at risk of social isolation which in turn has a negative impact upon their mental health. Several alumni from Alchemy Youth have joined the group. Edge Hill University.. We continued our partnership wth Edge Hill University and hosted 8 students who were Masters and first Degree therapy students on Clinical plaMent. Our therapeutic lead delivered training approved by the university to the students on best practice specifically for working with children and young people in therapy. ANTI POVERTY MEASURES Children and young people and their families have benefittad from the anti-poverty initiatives that Parenting 2000 has been involved in delivering: Access to Food: We provided a combination of 375 packed and cooked meals for children in the school summer holidays. Holiday Activity Fund {HAF} {Sefton Council): We supported 146 places for Children on free school meals, providing enhanced activities and food during school holidays. Winter Clothes Fund (CVS).. Vouchers for 37 low income families to buy winter clothes for children and young people. Youth mentors assisted some CYP to spend their vouchers wisely. Page 6 of 20
PARENTING 2000 TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES {continued) Winter Clothes Fund (CVS).. Vouchers for 37 low income families to buy winter clothes for children and young people. Youth mentors assisted some CYP to spend their vouchers wisely. Christmas Shelter.. Volunteers provided hot meals, sandwiches, cooked breakfasts and food bags to homeless and vulnerable people over the Christmas 2023 period. Farm Food Voucherslhampers were donated by Southport Rotary Club and LionslRound Table donated Christmas Hampers for our families. HOSTING IN OUR CENTRES This year we hosted the following groupslorganisalions: Tyred Rides CIC, The Frantastic Day Nursery, Engage and Change CIC, Talking Matters, Sefton CVS, Buddy Up, Buddy Up Plus, Aiming High, Sefton Young Carers, Merseyside Youth Association, Southport Writers, The Venus Charity, G Master Key Martial Arts and space for social care conl8CIS for Sefton, Liverpool, Wirral and Halton. Stockport and St Helens, Councils. FINANCIAL REVIEW Review and summary of the year The results for the year and state of the charity's affairs at 31 March 2024 are set out in the financial statements on pages 10 to 20 showing income of £523,561 {2023 £573,372) and expenditure of £521,031 {2023- £527,840). The charity recorded a surplus of £2,530 (2023.. £2,530) for the year bringing the total funds to a surplus of £482,12712023: £479,597). The Charity continues to occupy 3 buildings over two sites and has maintained reserves to specifically support their maintenance. The charity's cash reserves are invested in bank deposit accounts. The Irustees regularly review the investment options. Principal funding sources The principal funding SOLJrces of the charity continues 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. Reserves policy The trustees have reviewed the Reserves Policy of the charily and have recognised the need to establish appropriate level of working capital to sustain the future operations and obligations in the event of unforeseen reductions in ils income streams lo be designated to cover 6 months running costs in line with Charity Commission Guidelines. As at 31 March 2024, 6 months running costs would be eqval to about £261,000. Unrestricted reserves stood at £225,791 plus a designaled contingency reserve of £175,345. The trustees feel that this is sufficient to maintain the services currently being run. Page 7 of 20
PARENTING 2000 TRUSTEES. REPORT {continued) FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW (Continued) RELATED PARTIES AND CO-OPERATION WITH OTHER ORGANISATIONS None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trLJStee or senior manager of the charity and any client or supplier is disclosed to the full board of trustees in the same way as any olher conlractual relationship with a related party. In the current year no such related party transactions were reported. PLANS FOR FUTURE PERIODS We recognise that il is necessary lo create a more diversified income base for the sustainability of the charity and as such established a Mental Health and Wellbeing trading arm 'Mindful Futures CIC. for the expansion of our commissioned therapy and ancillary well-being activities. Our Bicycle recycling and repair service 'Tyred Rides CIC, continues to generate income for the Charity and going forward we will continue to maximise and identify income generating opportunities that are aligned to our charitable mission. STATEMENT OF TRUSTEES, RESPONSIBILITIES Law applicable to charities in England and Wales requires the trustees to prepare financi81 statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the year. In preparing those financial statements, the Irustees'are required to.. select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards and staternenls of recommended praclice have been followed, subject to any departures disclosed and explained in the financial statements., prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acl 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. APPROVAL This reportdas approved by the board of trustees on 5 December 2024 and signed on its behalf by.. 'N'igel Bellamy - trustee Page 8 of 20
PARENTING 2000 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARENTING 2000 FOR THE YEAR ENDED 31 MARCH 2024 I report to the trustees on my examination of the financial statements of Parenting 2000 ('the charity,) for the year ended 31 March 2024, which are set out on pages 10 to 20. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'l. Having satisfied myself that the financial statements of the company are not required to be audiled under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examin81ion of the charity s financial slatements as carried out under section 145 of Ihe Charities Act 2011 ('the 2011 Act'l. 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 examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in seclion 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a qualified member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that, in any maierial respect., accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act.. or the financial statements do not accord with those records: or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requiremenl that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination: or the financial statements have not been prepared in accordance with the Methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounls to be.reached. Oliver Grills FCA (Inde endent examiner) for ond on behalf of J A Ftll & Co Chart•r•d Accountant$ 40 Hoghton Street. Southport, PR9 OPQ Dated: 11 Page 9 of 20
PARENTING 2000 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds Restriclgd funds 2024 Total funds 2024 Unreslricled funds 2023 Reslricled funds Total funds 2023 2024 2023 Notes INCOME FROM: Donations and legacies Charilable activities Inveslrnents 2,058 101,118 9,524 2,058 511,979 9,524 5,675 119,036 2,048 5.675 565.649 2,048 410,861 446,613 TOTAL INCOME 112,700 410,861 523,561 126,759 446,613 573.372 EXPENDITURE ON: Charitable activities 94,323 426,709 521,031 91,640 436,200 527,840 TOTAL EXPENDITURE 94,323 426,709 521,031 91,640 436,200 527.840 NET INCOMEI{EXPENDITUREI FOR THE YEAR 18,378 15.848 2,530 35,119 10,413 45,532 Fund balances at 1 April 2023 458,121 21,476 479,597 423,002 11,063 434,065 Fund balances al 31 March 2024 476,499 5,628 482,127 458,121 21,476 47g.597 The stalement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Acl 2006. The notes on pages 1 to 20 form part of these financial statements. Page 10 of20
PARENTING 2000 Registered Company Limited by Guarantee Number: 02997217 Registered Charity Number.. 1042989 BALANCE SHEET AS AT 31 MARCH 2024 Total funds 2024 Total funds 2023 Notes FIXED ASSETS Tangible assets 10 62,955 69.240 62,955 69,240 CURRENT ASSETS Debtors Cash al bank and in hand 11 12.173 454.819 8,786 435,831 466,992 444,617 CREDITORS: amounts falling due within one year 12 40.013 22,894 NET CURRENT ASSETS 426,979 421,723 TOTAL ASSETS LESS CURRENT LIABILITIES 489,934 490,963 CREDITORS: amounts falling due after more than one year 13 7,806 11,366 NET ASSETS 482,128 479,597 INCOME FUNDS Restricled funds Unrestricted funds.. Designated funds General unrestricted funds 14 5,629 21,476 15 250,708 225.791 250,000 208,121 TOTAL FUNDS 482,128 479,597 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its financial statemenls for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the reqLJirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance wth the provisions applicable to companies subject lo the small companies, regime. These financial statements were approved by the board of trustees 8nd authorised for issue on 5 Decem d are signed on behalf of the board by.. el Bellamy - trus he notes on page to 20 form part of these financial statements. Page11 of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES Charity information Parenting 2000 is a private company limited by guaranlee incorporated in England and Wales. The registered office is The Lodge, 3 Mornington Road, Southport, PR9 OTS. b Accounting convention The financial statements have been prepared in accordance with the charity's memorandum and articles of association incorporated 1 Oecember 1994, the Companies Act 2006 and "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 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prep8red in sterling, which is the functional currency of the charity. Monelary amounts in these financial statements are rounded to the nearest whole £. The financial statements have been prepared under the historical cost convention, modified lo include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. c Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in oper2tional existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounling in preparing th'e financial statements. d Charitable funds Unreslricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Designated funds comprise unresiricled funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restricted funds are subject to specific conditions by donors as to how they may be used. The purpose and uses of the restricted funds are sel out in the notes to the financial statements. e Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised upon receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Page 12of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES (continued) e Income (continued) Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance obligations is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions il is recognised in income when the proceeds are received or receivable. A grant received before the recognilion criteria are satisfied is recognised as a liability. f Expenditure Liabilities are recognised as expenditure as soon as there is 8 legal or constructive obligation committing the charity to thai expenditure, il is probable that settlement will be required and Ihe amount of the obligation can be reliably measured. All expenditure is accounted for on an accruals basis. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benef iciaries. It includes both costs that can be allocated directly to such activilies and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity. g Tangible fixed assets Tangible fixed assets are initially measured 8t cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of the assets less their residual values over their useful lives on the following bases: Leasehold land and buildings Fixtures. fittings and equipment Motor vehicles 50/0 Straight line 25 % reducing balance 25 % reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the S8le proceeds and the carrying value of the asset. and is recognised in net incomellexpenditure) for the year. h Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assels to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, Ihe recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). i Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at C811 with banks, other short- term liquid investments wilh original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Page 13of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES (continued) Financial instruments The charity has elected to apply the provision of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitls balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or to realise the assel and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest melhod unless the arrangement constitutes 8 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Baslc financial Ilabilltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried 8t amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised inilially at transaction price and subsequently measured at amortised cost using the effective interest rate method. Derecogniti'on of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. k Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Page 14 of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024 2 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charity's accounting policies, the truslees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where Ihe revision affects only that period, or in the period of the revision and future periods where the revision affects both current and fulure periods. 3 INCOME FROM DONATIONS AND LEGACIES Unrestrlcted Restricted fund$ funds 2024 2024 Total funds 2024 Unreslricted funds Reslricled funds To181 funds 2023 2023 2023 Donations and gifts 2,058 2,058 5,675 5,675 2,058 2,058 5,675 5,675 4 INCOME FROM CHARITABLE ACTIVITES Unrestrlcted R•strS¢ted fund$ funds Total funds Unresldcl8d funds Reslricled funds Total funds 2024 2024 2024 2023 2023 2023 Family Support Granls receivecl Therapeutic commissioning Room hire Sessional fees Youth Club subscriptions Miscellaneous 7,000 410,861 22,531 68,112 417,861 22,531 68,112 5,000 446,613 451,613 28,597 28,597 70,008 70,008 1,225 1,225 2,844 2,844 11,362 11,362 3.334 141 3,334 141 101,118 410,861 511,979 119,036 446.613 565,649 Page15of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS {continued) FOR THE YEAR ENDED 31 MARCH 2024 5 INCOME FROM INVESTMENTS Unrestricted Restricted Total Unrestricted Restn'cled Total funds funds funds funds funds funds 2024 2024 2024 2023 2023 2023 Interest received 9,524 9,524 2,048 2,048 9,524 9,524 2,048 2,048 6 EXPENDITURE ON CHARITABLE ACTIVITES Unre$trl¢tèd Restrlcled funds funds Tot•1 funds Unr8slricied funds Reslrici6d lunds Total funds 2024 2024 2024 2023 2023 2023 Family Support Staff costs Travel Premises Counselling Beneficiary activities Printing, postage and slationery Telephone and computers Equipment General expenses Professional fees 8,057 168,849 6,849 4,517 42,448 26,808 1,118 959 176,906 6,849 4,517 54,485 27,387 1,118 181 1,140 290 290 478 1,650 2,128 1,875 15.707 17,582 23,497 268,905 292,402 203,942 203,942 7,817 7,817 6.128 6,128 37.337 60,799 25,868 26,317 1,661 1,661 5,954 5,954 3,820 3,820 1,334 1,334 13 13 293,874 317,785 12,037 579 23,462 449 23,911 Support costs (see note 7) Governance costs (see note 7) 68,486 2,340 70,826 157,804 226,289 2,340 228,629 65,869 142,326 1,860 67,729 208,195 1,860 210,055 157,804 142,326 94,323 426,709 $21,031 91,640 436,200 527,840 Page 16 of 20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024 7 SUPPORT COSTS Unr•stri¢ted Restricted funds funds 2024 2024 Total funds Unrèslricled funds 2023 Restrictéd funds 2023 Total funds 2023 2024 Support costs: Staff costs Staff training Travel Premises Insurance Printing, postage and stationery Telephone and computers General expenses Professional fees Surplus on disposal of bus Depreciation 4.318 97,959 102,277 96 96 334 706 29.704 89,177 10.802 10,802 176 176 19,437 19,437 3,734 3.734 4,286 4,286 (7.856) (7,856) 3,454 3.454 68,486 157.804 226.289 9,003 737 2,138 21,988 7,731 156. 11,209 4,248 4,032 92,473 1,303 101,476 2,040 2,138 70,538 7,731 156 11,209 4,248 4,032 372 59,473 48,550 4,627 65,869 4,627 142,326 208,195 Governance costs: Independent examination 2.340 2.340 2,340 2,340 1,860 1,860 1,860 1,860 70,826 157,804 228,629 67,729 142,326 210,055 8 TRUSTEES None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year (2023 - none). 9 EMPLOYEES The average monthly number of employees during the year was: 2024 Number 2023 Number 20 20 2024 2023 Total staff costs recognised in the year.. Wages and salaries Social security costs Pension costs 251,369 13,866 13,948 276,734 15,391 13,293 279,183 305,418 No employees whose total employee benefils (excluding employer pension and national insurance costs) for the reporting period amounted to over £60,000 (2023 - none) Page 17of20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024 10 TANGIBLE FIXED ASSETS Leasehold Fixtures, Land and Fittings and Buildlngs Equipment Motor Vehicles Total Cost At 1 April 2023 Disposals 206,254 178.943 127,797 (119,138) 512.994 (119,138) Al 31 March 2024 206,254 178,943 8,659 393,856 Depreciation and impairment At 1 April 2023 Depreciation charged in the year Depreciation on disposals 140,515 3,287 178,517 107 124,722 61 (116,308) 443,754 3,455 (116,3081 At 31 March 2024 143,802 178,624 8,475 330,901 Carrying amount At 31 March 2024 62,452 319 184 62,955 At 31 March 2023 65,739 426 3,075 69,240 11 DE8TORS 2024 2023 Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 4,301 1,558 6,314 2,214 1,558 5,014 12,173 8,786 12 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other loans Deferred income Trade creditors Accruals and other creditors 3,967 19,078 13,485 3,483 4,701 10,000 5.345 2,848 40,013 22,894 Page 18 of 20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 13 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Other loans 7,806 11,366 7,806 11,366 14 RESTRICTED FUNDS The income funds of the charity include restricted funds comprising the folk)wing unexpended balances of donations and grants held on trust for specific purposes: Balance al 1 Apr 2022 Movement in funds Balance al Income Expendilvre 1 Apr 2023 Movement in funds 8alance at Income Expenditure 31 Mar 2024 SM8C Erfy Malp Pi1 105,000 105,000 30,000 30,000 20,000 20,000 54,250 54,250 14,280 10,765 54,197 54,197 70,000 30,000 20,000 54,250 18,660 65,008 15,648 75.033 6.600 70,000 30,000 20,000 54,250 19,750 65,008 15,648 76,889 9,646 9,455 35,000 4,917 400 6,009 9,736 SMBC Y¢xnh Cro SM8C Ytythh Soutrw1 SIAB¢ chlld Inl SM8C Hc4kJ3y 3,515 2,425 S¥#¢n CCG coun9alhry Sefton CCG ThempeuiK AcUvlll. S•Aan CVS prol•cii 61,106 59,250 18.624 13,884 98 35,000 9,656 2,100 1,856 5,830 9,455 SM or•n 1,090 9,553 2,784 LIV I¢M+1 OMIII Pdl¢È lundlry- SlonfrhèvBn 35,000 9,656 2,500 35,000 4,917 Jth 8gnk- Glrfs Impenum GM•nor FulW•O 400 6rfghir Llvlng Nurth 6.009 9,736 Inveslmenl FL¥¥J 14blionèl Lollèry 10,000 5,000 7,000 20,000 10,000 5,000 7,000 20,000 Pdlce Commurdly P(41 Sothhport Coniro Stroe¢ Games UK VRU proiecls 420 420 420 11,063 446,613 436,200 21,476 410,861 426,709 5,629 Page 19 of 20
PARENTING 2000 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 IklARCH 2024 15 DESIGNATED FUNDS The income funds of the charity include reslricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.. Balance al Movement in funds Balance at 1 Apr 2022 Transfer In Transfer Out 1 Apr 2023 Movement in funds Transfer In Transfer Out 31 Mar 2024 Balance at Fi*•d assol lund 73,867 166,556 9,577 4,627 69,240 171,183 9,577 3,454 65,786 175,345 9,577 onl1ngencyluj other0eOall fndS 4,627 4,162 250,000 4,627 4,627 250,000 4,162 3,454 250,708 16 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted DeSnated Reslricted Funds Funds Funds 2024 2024 2024 Total Funds 2024 Fund balances at 31 March 2024 are represented by.. Tangible assels Current assets l (liabilities) Long term liabilities 62,955 184,922 62,955 5,629 426,979 (7,806) 236,428 (7,806) 228,622 247,877 5,629 482.128 Unrestricted Designated Restricted Funds Funds Funds 2023 2023 2023 Total Funds 2023 Fund balances at 31 March 2023 are represented by". Tangible assets Current assets l {liabilities) Long term liabilities 69,240 180,760 69,240 21,476 421,723 (11,3661 219,487 (11.366) 208,121 250,000 21,476 479,597 17 RELATED PARTY TRANSACTIONS There were no known disclosable related party transactions during the year {2023 - none). Page 20 of 20