framilyfy Marches Family Network Trustees Annual Report 2025 Anytking is possible wken everyone is Incl￿de01 li: Contents Page Welcome Messages Purpose and Aims Vision Mission and Values Achievements 10 Staff 13 Challenges 15 Financial Review 17 Structure, Governance and Management 19 Financial Statements and Notes to the Accounts 22 Reference and Administrative Information 41 Marches Family Network's Annual Report Messrtge f*om tke Intelim ck4i "This year has been a tlme of growth and re8ilien¢e for Marches Family Network. I am proud to see the dedica*ion of our staff, trustees, and volunteer6, who contlnue to put the children and young people at the heart of everything we do. Together, we have strengthened our 6ervlce8, buil+ new opportunlties, and ensured that families feel Supported and Included. Thank you to everyone who has contributedi your ¢ommitment makes all the difference." Messrt9e fyom tke Mrfrn49ef "It ha6 been In8plring to watch our young people thrlve th18 year, whether through our Play+ and KITE se8slons, or excltlng Young Explorer trlp& Each a¢+ivlty reflectG our mlsslon to provide Safe, Incluslve spaces where children and young adults can learn, grow, and eryoy new experlences. I want to thank our fams1se8, Staff, and 8upporters for tholr trust and encouragement. With your ¢ontlnued Support, we look forward to building on these achievements In the year ahead." *r Marches Family Network's Purpose and Aims Ir [- •••.. Marches Family Network's Purpose and Aims Our Aims: Through our work we qlm to: l. Empower children and young people with di8abilitSes and their families Our Charity's purpose is set out in the objects contained in the Charity, Constitution: 2. Support children and young people wlth disabilitles to reach *helr full potentlal 3. Ral88 disability awarene88 Y. Promote soclal Incluslon The objects of the charity are, for the public benef It.. To advance soclal actlvities for children ond young people under the age of 26, wlth a disabili+yJ whilst providing breaks for carers, Including supporting the empowerment of thelr familie8, by any means con61der•d charitable by law. All of whom must be residents In the County of Herefordshire or the lrnmediate neighbourhood thereof. Empowe* ckiiarern dnd yOL4ng people witk aisdbilitie5 tkeiy frtmilies We empower children, young people, and thelr families by providing opportunlties, skills, and support that enable them to thrive both In our 8esslon8 and in their wider IIv6& We use our Y maln alms to help us achieve this vl IDg cholce We plan our 8esslon$ so that children and young people can choose actlvltles tha+ Interest them and Get tholr own pace, building thelr sense of ownership and autonomy. nd control purp08e. Background Play Is critical in giving children and young people the best start In life, improving outcomes for both them and their famili06. It is Central to helplng them understand the world around them and thelr place wlthin it. For children and young people with special needs, access to play Is arguably even more lrnportant, supporting thelr physl¢al ¢ognitive, and emotlonal development. kill d confidence Through ac*ivltle8 like art6, sports, being creative, and communlty *rlp6, we help children and young people try new *hing6, develop their abilities, and recognise their own achievementG. Life cqn be str88sful for children and young people who face frequent medical Interventlons and theraple& Play offers them the chance to be happy to thrlve, and to live fully In the present moment. Promoting inclusion a All of our sessions are fully accessible, wlth tralned Gtaff who meet ¢omplex medical and personal care needG. This ensures that every ¢hild and young person can partlclpate on eqyal terms wlth thelr By removing the barriers of Inacce8sibility, Marches Family Network allows families to relax and enjoy their resplte, Secure in the knowledge that thelr child or young per60n 16 well cared for, supported and included whilst they are attending our sesslon& peers. co ence We glve all of the children and young people safe opportunltles to make declslon8, take on small responsibilitle8, and explore new envlronments, Marches Family Network's Purpose and Aims Confidenc By 8n¢ouraglng ¢hildren and young people to try new exp8rlences In a 8afe and supportlve envlronrnent, we help them believe In thelr own abilities and celebrate their a¢hievemen*s wlth increasing thelr readiness for life beyond our sessions. *hem Acces to the community. We run trlps and a¢tlvities that remove bcrrler8, enabling children and young people to explore new places, Interact wlth peers and feel Included in so¢lety. Str0Dgtth￿I g￿llY networks By runnlng family se88lons and trips, and parent/¢arer wellbelng actlvltle8, we help parents and carers connect with others In 81milar 8ltuatlonG, Ghare experiences, and feel le88 Isolated tIDglin ependence We provide opportunlties for declslon-makin9, problem solvlng, arKI taking reGpon8ibilityi helping the children and young people prepare for futwe challenge& We create 6afeJ understanding spa¢e8 where children, young people and families feel valued, listened to¥ and respected, helplng them build resilien¢e and self-belief Posltlve Al S￿PpOrt ckiidren rtnd yOL4ng people witk disobilities to lerfck tkeif f￿11 potenti41 We Gupport children and young people wlth disabilities to reach their full potential by creatlng Incluslve, accessible opportunities that nurture thelr abilitles, confidence and Independence. Our tralned Staff act a8 mentors, modelling incluslve ottitudes and empowering children to Set and work towards their own goals. R4ise disdb',IIty 4W4Yeness We believe that understanding and Incluslon start wlth awareness. Through our work, we alm to.. ort We provide +ailored ¢are, Including l..16upport where needed, 60 each child and young person can participate fully and progress at thelr own pace. tereo*yp Through 8howlng the abilities, Individuality, and potentlal of children and young people wlth di8abilitle8. Our varled actNities, ranglng from Sports and arts to life 8kslls and teamwork, help children and young people discover talents, learn new 8kills, and develop their personal strengths. En6uring that disabled children and young people have the same opportunltles for play, learnlng, arKI communlty partlclpatlon as thelr peers. community. Providing Snformatlon, tralning, and real-life stories that help the public see beyond a disability to the Marches Family Network's Purpose and Aims Child or young person. Demonstratlng best practlce In ae¢e6sibility, Inclusive actlvltle8 and personalised care. By ral8lng ds8abilify qwarenes8, we help build a soclety where every child and young person feels accepted, Supported, and Insplred to reach thelr full potentlaL Idence buil By encouraging children and young people to try new experiences In a Gafe and supportlve envlronment, we help them believe In thelr own abilitle8 and Celebrate thelr achievement8 wlth them Promote soci41 Inclusion We believe every ¢hild and young person deserves to feel valued, ¢onne¢ted, and part of their communlty. We promote 80clol Inclu8lon by: Encour glng confi By helplng the children and young people try new actlvltle6, develop thelr skills, and feel proud of thelr a¢hievement& vi Ible activities We deslgn s•sslons and trips where every child and young person, regardle8s of th•lr ability, con take par+ fully and confidently. LnggglDg wlth loc Ralslng awareness and fosterlng under6tanding so that Inclusion becomes the norm, not the exception. I communlties upportlng.partlclpatlon In com By offerlng opportunltles such as forest 8¢hool8, swlmmlng, bowlsng, and cultural vlslts, so our children and young people can thare the same experlen¢e8 as thelr peers. Through these actlonG, we help children and young people not just a¢ceG8 the world around them, but truly belong In it. rier We ensure that venueG, activltle8 and resources are adapted to all needs. Tkis se55ion kds dllowed s to go o￿t witkoL4t dgement dnd be Witk otker f4milie5. My kids re not tke odd one5 OIAt. By ¢r8atlng safe spaces where children and young people ¢an ¢onne¢l, h¢￿e fun, and form long la6tlng relatlonship8. Marches Family Network's Vision, Mission and Values L> Marches Family Network's Vision, Mission and Values Vision We are dedicated to ¢reatlng soclal opportunltles where every disabled child and young person 18 valued, families feel supported, and communities beGome more Inclu8lve. Anythsng Is po881ble when everyone Is Included. Mission Marches Family Network believes that no disabled child or young person should be excluded be¢au68 of thelr disability. We alm to Include and enTrower all disabled children and young people and thelr families by offerlng person ¢entred care and support In order to promote quality servlces, which will enhance thelr quality of life Vdlues IncluGlvlty.' Ensurlng all disabled children and young people, regardl•86 of their abilitle8, have access to enrlching experience6. Community.. Building strong connectlons among familie6, 8taff, volunteers, and the broader ¢ommunity. Integrlty.. Operatlng wlth transparency, honestyi and respect In all endeavour& Excellence: Strlvlng for the highest quality In servlces offered. BE Marches Family Network's Achievements Ichi Dwylo nt io. Marches Family Network's Achievements Durlng the finan¢lal year 202Y125, we ralsed nearly £285k, wlth £207k of that income generated through grants - repre8entlng 731. of our total income for the year. In additlon, we secured a further £42k In dona+ion& Amid contlnued econom1¢ un¢er*alnty - including the UK'S co8* of Iivlng crlsl8 and wider geopolitl¢al shifts maryinalised communltles, e8pe¢lally disabled individuals qnd thelr families, have faced a d18proportlonate Impoct. These challenge8 have qlso Shaped the fundrai8lng landscape, making strategic plannlng ond odqptability even more crltlcal than ever before. We are deeply grateful to everyone who has supported Marches Family Network th18 year. Your generoslty has allowed u8 to deliver Yq respite $868lon8,11 youth Club evenlng8, q family trlp6, q family se66lonÉ, and10 parent/car•r wellbelng 8esslon& We are humbled by your belief In our mlsslon and shared commltmont to transformlng the lives of disabled childreni young people, and thelr families. We would like to extend a thank you to all of our supporters who ra18ed funds for Klarches Family Network through fundralslng even*8, 8uch a8 the London Landmarks Half Marathon. The tlme, effort and dedicatlon that you showed had . masslve Impqct on the lives of families re9lstered with 10229 us. Feedb4¢k dnd Ledyning At MarcheG F￿lIlY Network, feedback 18 at the heart of how we growi Improve, and secure funding for the future. We actlvely listen to the chsldren and young people we support, as well as thelr families, to understand what, working well and where we can do better. Durlng 2024/25, feedback waG gathered qfter sesslon8, and vla parent/¢orer online feedback forms. The response8 were overwhelmlngly positlve, wlth families pral8lng the quality of core, the varlety of actlvi*ie8 offered, and the dedication of our team Along61de th16, valuable 8ugge8tlon8 were shared, helplng 8hqpe our evolvlng plans and en8urlng our servlces contlnue to meet the needs of those we support. By learnlng dire¢+ly from our community, we make sure that every Step forward Ss guided by the volce8 that motter mos+. ii. Marches Family Network's Achievements Ben ie'5 Sto*y A ckdtity of kelp kope The Impac* that Marches Family Network can have on a young person and thelr family Is difficult to explaln. One of our families was happy to oxplaln just how cruclql the support from Mar¢hes Family Network Is, to both her son, a8 well q8 herself and her husband. "Benjle ha8 been attending Marches sesslons Slnce he wa6 6 yoars old. He 18 the most charmlng young man, but of Course, os his mother, I am biased. He can be calm qnd kind, but also very anxlous and very Challenging. There are tlmes when his anxlety and chollenglng behavlour takes over, and It can be very difficult to manage a8 a family. Benjle has a learnlng disqbility, fine and gross motor difficultles, sensory difficultles, mlsophonla, hypera¢u818, and oral dyspraxla, whsch mean8 he uses malnly Slgns and symbo16 and a talking computer to communlcate. AS a fqmily we rely on skilled support to keep golng. Finding support that can cope wlth BenJle'8 complex need$ has always been a ¢hallenge, havlng been ex¢luded In the past from a support agency working wlth children with 6pe¢lal needs. However, the Mar¢he8 8esslons are a place where I know tha+ he will have a good time. I know he will bo looked after by 2 members of staff, in a profe8slonal and most posltlve manner. I know that they will be able to manage, no matter what challenges Benjle will present along the way. I know that wlth the help of Marches support, Benjie can recover and get better from ep160de8 of anxlety and depresslon, that oll his needs ore met, but especlally his need for soclal In+era¢tlon and adventure. BenJle Is a very soclable young man. Without Marches Family Network, he would be extremely Isolated - his complex needs make it Impossible to access malns+ream 8e8$1on8. Hardly a day goes by where he does not talk about the Marches se8slon8, the memorleB he has mad6, the speclal trlps he has been on - doing things I would not have dreamed of dolng wlth himl He wakes up In the mornlngj and asks about Marches - when 18 the next sesslon, and when con I88e and talk +0 all my frlend8 again. MarGhes 18 such an Important part of his life. For u8 porents, ItJE a well needed break, to recharge our batteries, to have some time together to talk, to be able to Catch up wlth daily life, to be oble to keep on golng. The summer holidays are manageable beGause of the wonderful and skilled suppor*; It would be extremely difficult ws*hou* Marches. How would we be able to keep Benjle engaged and happy without them? I am dreading the day when he 18 too old for it, he just loves belng par+ of the group. These last surnmer holidays have been hard, wlth Beryle becomlng depressed for a perlod of tlme. Desplte his difficultSes, he went on all of his Marches $es8lons, and I believe it16 what helped him out of h18 depre661on agaln; seelng other people, havlng fun, regolnlng a sense of normality, and knowledge that hss life can be really good." 12. Marches Family Network's Staff 13. Marches Family Network's Staff All of our staff, volunteers and Trustees are at the heart of Marche8 Family Network and we are deeply grateful for their dedi¢atlon and enthuslasm In every role they hold. Office St4ff Lucy Burden, Steve C(Theron, Rae Chombers, Meg Chambers, Max Duelli, Eva George, Vicki Hamer, Kelly Turner, Lucy Wildingi Kerry Williams, Elio Wilson Session Le4ders Lucy Burden, Meg Chambers, Max Duelli, Sam Prlce, Elio Wilson Sernior Yo￿tk Workers Jake Bufton, Lucy Burden, Evle Cobb, Rebecca Cutler, Max Duelli, Millie Eqton, Eva George, Rebecca H06kett, Jennle Holloway, Sarah Meodmore, Ben Morgani Donna-marie Prlce, Sam Prl¢e, Jake Robbin6, Ellie Roberts, Hazel Schramm, Sophie Stockton, Abby Stone, Molly Tyler, Palge Walter8, Lauren Waygood Youtk Worke*s dnd vol￿nteerS Malsle Andrews, Billie Bantham-Jone8, Laura Brlan, Sophia Cheneler, Amber Cheungi Charlotte Colbert, Zosla Cooper, Alice Danlels, Olsvia Davles, Ffion Harper, Alicla Haskett, Isabella Hughe8, Asher Jenkins, Olivla Kendrlck, Larlssa Motthews, R061e Morton, Anya Nicholas, Courtney Parry, Je68ica Pitt, Alison Prltcha, Kieran Sagu, Isabella ScoleG, Archie Seabourne, Kinjell Singh, Jessl¢a Smrth, Elio Wilson We run a rolling recruitment programme for both volunteers and youth workers, and we welcome Interest from anyone who would like to make a real difference In the lives of disabled children ¢￿d young people. 14. Marches Family Network's Challenges in 2024/25 15. Marches Family Network's Challenges in 2024/25 sec￿ring income While demand for our servl¢e contlnues to grow, securlng 8ufficlent and 6UStainable Income remaln8 a significant challenge. To meet the increaslng needs of children, young people, and their families, we must diversify our funding streams, strengthen relatlon$hip8 wlth ex16ting Gupporters, and explore new Income opportunltles. This will ensure that we can rnaintain Current ser¥lce8, expand where needed, ond invest in our staff and resources for long-term Impact. stdff fe50uPcin9 One of the most 6ignifican+ challenge8 we faced durlng the year was staff capa¢lty. With a relatlvely low whole- tlme e¢¥ilvalen* (WTE) for our office team CY.28), we often la¢k the manpower to deliver everything we would like to. To address this, the Trustees have explored the creatlon of additSonol roles In key areas such a8 Staff tralnlngj fundro181ng, and marketingi enabling u8 *0 better meet the need8 of an ever-changlng envlronment. Suit4ble prernises Whilst we are extremely grateful to everyone who generously allows u8 to hire their venue, each space has It8 own portlcular Iimltatlons which affect which children and young people we can accommodate. Our dream 18 to have a venue of our own - a space we can design from the ground up to meet the diverse needs of the children and young people we support, brlnging everything under one roof. .1 16. Marches Family Network's Financial Review TJ 17. Marches Family Network's Financial Review Going ConGein Marches Family Network contlnues to prepare Its financlal statements on the l)o618 that It 18 a going con¢ern. The Trustee$ have prepared the financlal statements on o golng concern basls, as they have no intentlon of liquidating the charlty or ceasing it6 operatlons. They have concluded that the chorlty's financlal positlon 6uppor+$ th18 approach and that *here are no material un¢ertaln+ies that could cast significant doubt on the charlty's ability to contlnue operatlng for at least12 months from the date of approval of the financlal statements (tthe golng con¢ern perlod,). Funds At the end of the financlal year, the ¢harlty had reserves of.. Restrlcted reserves of £17,000 (2024: £21,500) Deslgnated re8erve8 of £138,788 (2024:144,555) Unre8trlc*ed reserves of £8,504 (2024.. 30,348) The designated reserves are: Three month8 operatlng costs of ￿3,788 (￿024. £5q,555) New prem16e6 of £85,000 (2024: £85,000) Reserves Policy The Trustees believe that malntalnlng an approprlate reserve will provide sufficient resource8 In the event of adverse conditlon& To *h18 effect, a general re8erve 18 molntalned Sn order to meet our policy requlrements of havlng 3 months, runnlng c06t8 Get a61de. Additlonal reserves have been accumulated to strengthen and support the funding ¢y¢le of the charity and Support the ¢onslstent provlsion of servlceG. The level of reserves 18 revlewed by the Trustees on a quarterly ba81s. 18. Structure, Governance and Management li 19. Structure, Governance and Management Marches F¢Jmily Network became an Incorporated company on tr March Iqq5 and recelved charlty Gtatus on 8 June Iqq5. The charlty Is a coryany limited by guarantee not havlng shqre capitaL The liability of the members In the event of the ¢ompany belng wound up IG limited to a sum not exceeding £10. The management of the comp(my IG the responsibility of the board of Trustees, who are also directors of the ¢harlty for the purpo8eG of the Companle6 Act. They are elected under the terms of the Memorandum and Articles of Asso¢latlork The Charity 18 managed by Charlty Manager, Rae Chambers, who report8 directly to the boqrd. They are responsible for providing governle Company and hence for taking reasonable Gt8P6 for the preventlon and detection of fraud and other irregularitieG. The Trustees annual report was approved by the members of the board of Trustees and signed on their behalf by Fiona Ironside Interlm Chair of Trustees Date: 6 October 2025 21. Financial Statements and Notes to the Accounts 'ns '/ Ip 22. INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examlnerfs Report to the Trustees of Marche5 Famlly Network I'the Charltable Company) I report to the charity Trustees on my examinatlon of the account5 of the Charitable Company forthe year ended 31 March 2025. Responslbllltles and Basls of Report As the Trustee5 of the Charitable Company land its directors for the purposes of company law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 ACY). Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Att and are eligible for Independent examination, I report in respect of my examlnation of the Charitable Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 ACV). In carrying out my examination I have followed the Dlrectlons given by the Charity Commission under section 145151(b) of the 2011 Act. 23. INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Statement Since the Charitable Company's gross income exceeded £250,000 you examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA, 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: accounting records were not kept in respect of the Charitable Company as required by section 386 of the 2006 Act,. or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act otherthan any requirement that the accounts give a 'true and fair, view which 15 not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the U K 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 thi5 report in order to enable a proper understanding of the accounts to be reached. This report 15 made solely to the Charitable Company'5 Trustees, as a body, in accordance with Part 4 of the Charitie5 (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitable Company's Trustees those matters l am required to state to them in an Independents examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charitable Company and the Charitable Company's Tru5tee5 a5 a body, for my work or for this report. Signed: Dated: 0511212025 T Lunt BA FCCA MTP WR Partners Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG 24. STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted funds 2025 Restricted funds 2025 Total funds 2025 Totol funds 2024 Note Income from: Donation and legacles Charitable activities 109.522 139,977 249,499 295,049 28,639 28,639 25,303 Investments 6,564 6,564 4,226 Total Income 144,725 139.977 284,702 324,578 Expendlture on: Raising funds Charitable activities 14,551 14,551 6,689 256,648 155,300 144,477 299,777 Total expendlture 169,851 144,477 314,328 263.337 Net movement in funds {25.126) 14.500) 129,626) 61,241 Reconclllation of funds: Total funds brought forward Net movement in funds 174,903 (25,126) 21,500 {4,500) 196,403 135,162 (29,626) 61,241 Total funds carrled forward 149,777 17,000 166,777 196,403 The statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 28 to 39 form part of these financial statements 25. BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Flxed assets Tangible assets 12 2,485 5,667 2,485 5,667 Current assets Stocks 13 1.307 707 Debtors 14 21.180 22,050 Cash at bank and in hand 300.573 289,548 323,060 312,305 Current Ilabillties Creditors: amounts falling due within one year 15 {158.768) (121,569) Net current assets 164.292 190,736 Totsl assets less current Ilabllltles 166,777 196,403 Total net assets 166,777 196,403 26. BALANCE SHEET {CONTINUED} AS AT 31 MARCH 2025 2025 2024 Note Charlty funds Restricted funds 16 17,000 21,500 Unrestricted funds Designated funds General funds 16 138,788 144,555 16 10.989 30,348 Total unrestricted funds 16 149,777 174,903 Total funds 166,777 196,403 The Charitable Company was entitled to exemption from audlt under section 477 of the Companie5 Att 2006. The members have not required the company to obtain an audit for the year in question In accordance with section 476 of Companies Att 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared In accordance with the provisions applicable to entities subjett to the small companies regime. The financial statements were approved and authorised for issue by the Trustee5 and signed on their behalf by: Mrs F Ironslde Interim Chair Date: 6 October 2025 The note5 on pa8e5 28 to 39 form part of these financial statements. 27. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General Information Marches Family Network11047075} is a charitable company incorporated within England and Wales and its registered office and principle place of business is Mortimer House, Holmer Road, Hereford, HR4 9TA. Accountlng policies 2.1 Basis of preparatlon of flnancial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- 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 1021 (effective l January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Marches Family Network meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recogni5ed at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Income All income is recognised once the Charitable Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one attivity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Office staff costs and depreciation are recharged to sessions based upon the total number of session hours. Expenditure on raising funds includes all expenditure incurred by the Charitable Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 28. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting Policies {continued) 2.4 Tanglble flxed assets and depreciation Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliablv. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged on items purchased at £1,000 or above, so as to allocate the c05t of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis: Motor vehicles 25% reducing balance Office equipment 25% straight line 2.5 Stocks Stock5 are valued at the lower of cost and net realisable value after making due allowance for ob501ete and slow-moving stock5. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Debtors 2.6 Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand 2.7 Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Liabilities and provlslons 2.8 Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charitable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provision5 are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities a5 a finance cost. 29. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting Policies (continued} 2.9 Financial instruments The Charitable Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recogni5ed at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequentlv measured at amortised cost using the effective interest method. 2.10 Pensions The Charitable Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charitable Company to the fund in respect of the year. 2.11 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Company and which have not been designated for other purposes. Designated funds comprise unrestricted f unds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be Lssed in accordance with specific restrictions imposed by donors or which have been raised by the Charitable Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 30. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Donations 42,272 66,867 42,272 206.844 14,424 279, 950 675 Grants 139,977 Similar incoming resources 383 383 109,522 139,977 249,499 295,049 Totol 2024 54,159 240.898 295,049 Income from charltable actmtles Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Parents fees 26,739 26,739 1,900 24,515 788 Other 1,900 28,639 28,639 25.303 Total 2024 25,303 25,303 Investment Income Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Investment income 6,564 6,564 4,226 Total 2024 4,226 4,226 31. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on ralslng funds Costs of ralslng voluntary Income Unrestrlcted fvnds 2025 Total funds 2025 Totol funds 2024 Stationery, postage and misc costs Wages and salarles Nl 1,666 12,139 536 1.666 12,139 536 540 5,766 210 Pension costs 210 210 173 14,551 14,551 6,689 Total 2024 6,689 6,689 Analysls of expendlture on charltable actfvltles Summary by fund type Unrestrlcted funds 2025 Restrlcted fvnds 2025 Total fund5 2025 Totol fund5 2024 Charitable activities 155,300 144,477 199,777 256,648 Total 2024 33,055 223,593 256,648 Analy515 of expendlture by actlvltles Actlvltles undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 106,296 193,481 299,777 256,648 Total 2024 90,296 166,352 256,648 32. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expenditure by activities (contlnued) Analysis of direct costs Activites 2025 Total funds 2025 Total funds 2024 Staff costs 72,687 72,687 837 64,645 790 Vehicle expenses Resources, materials and equipment Travel and subsistence 837 1,193 1,193 1,081 707 380 Entertainment and activities 24,545 6,654 24,545 6,654 17,687 5,386 Venue hire 106,296 106,296 90,296 Total 2024 90.296 90,296 Analysis of support costs Total funds 2025 Total fund5 2024 Artivities 2025 Staff costs 130,003 130.003 110,211 Depreciation Rent and rates 3,182 3,182 16,019 5,800 3,533 17,226 5,007 16,019 5,800 Computer costs Insurance 2,271 2,271 2,177 Repairs and renewals Training costs ststionery, printing and postage Telephone Bank charges Sundries 681 681 484 13,285 810 13,285 810 11,633 1,197 1,980 402 1,980 402 1,610 325 3,873 3,873 729 1, 796 Advertising Subscription5 Recruitment 729 I,ooi 298 298 242 977 977 1,159 5,500 2,340 Legal and professional Accountancv Bad debt written off 9,774 2,359 9,774 2,359 244 244 Governance costs 794 794 911 193, 481 193,481 166,352 Total 2024 166,352 166,352 33. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Independent examlnerfs remuneratlon The independent examiner's remuneration amounts to an independent examiner fee of £1,20012024- £1,110), and accounts preparation and filing With regulatory bodies of £1,158 (2024 - £1,200). 10. Staff costs 2025 2024 Wages and salaries Social security costs Contribution to defined contribution pension scheme 205,863 5,847 3,865 174,295 3,605 3,105 215,575 181,005 The average number of persons employed by the Charitable Company during the year was as follow5: 2025 2024 No. Employees 24 No employee received remuneration amounting to more than £60,000 in either year. Total benefits paid to management personnel were £46,913 {2024.. £38 257) made up from salaries, Ernployerfs Nl and Employerfs pension contrlbutions. 11. Trustees, remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits12024.. £NILI During the year ended 31 March 2025. no Trustee expenses have been incurred12024.. £IVIL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Tanglble flxed assets Motor Vehlcles Flxtures and fittings Office equipment Total Cost or valuatlon At Aprll 12024 6,780 4,615 13,013 24.408 At 31 March 2025 6.780 4,615 13,013 24.408 Depreclatlon At l April 2024 Charge for the year 5,082 3,430 10.229 18.741 424 826 1.932 3.182 At 31 March 2025 5.506 4,256 12,161 21,923 Net book value At 31 March 2025 1,274 359 852 2A85 At 31 March 2024 1,698 1,185 2,784 5.667 13. Stocks 2025 2024 Finished goods and goods for resale 1,307 707 14. Debtors Due wlthin one year 2025 2024 Trade debtors (1,183} 22,363 299 Prepayments and accrued income 21, 751 21,180 22,050 35. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Creditors: Amounts falllng due wlthln one year 2025 2024 Trade credltors 20,683 4,478 Other taxation and soclal securlty Other creditors 2,568 2,266 10,244 5,845 Accruals and deferred income 129,672 104,601 158,768 121,569 The deferred income relates to income received that has been raised for use during the following financial year. 36. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds Statement of funds- current year Balance at l April 2024 Transfers Balance at In/out 31 March 2025 Income Expenditure Unrestricted funds Deslgnated funds Winding up costs Premises 59,555 (5,767) 53,788 85,1)00 85,000 144,555 5,767 138,788 General funds General funds 30.348 144,725 (169,851) 5,767 10,989 Total Unrestricted funds 174.903 144,725 1169,851) 149,777 Restricted funds Play+ Core Cost 10.000 30,767 (29,767) (36,824) 112,543) 11,000 36,824 Young Explorer KITE 12,543 18,752 11,500 124,252) {12,803) 13,000) 112,605) (5,906) 16,777) (144,477) 6.0(M) Family trips KITE Under 85 12,803 3.000 Youth Club 12,605 Parent Care & Wellbeing Family Sessions 5,906 6,777 21,500 139,977 17,000 Total of funds 196,403 284,702 (314,328) 166,777 Material restrlcted funds that had over £10,000 Income in the year comprlse of: Play+ - Play+ helps children with complex disabilities to take part in activities with their friends, these sessions are accessible to those young people who require a minimum of one-to-one support. Core Costs- the everyday expenses of running the charity, not attributable to a project. Young Explorer - Young Explorer sessions enable children and young people to access activities and events in their local communities and further afield, helping to increase confidence, independence and social skill5. KITE - KITE sessions include holiday play activities and Saturday clubs for children and young people with disabilities. Family Trips- Family Trips are sessions that the entire family are invited to attend. Families are supported at new venues by MFN staff, enabling them to access venues that they may otherwise be unable to attend. 37. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds (contlnued) Statement of funds- current year (contlnued) Materlal restrlcted funds that had over £10,000 Incorne In the year comprlse of: {contlnued) Youth Club- an evening group for secondary school age children and above, to enable them to build upon their social and communication skills whilst accessing their local community and learnlng life skills. Designated funds comprlse of: Wind up costs- 3 months operational costs. Premises- funds set aside for new premises. 38. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds (contlnued) Statement of funds- prior year Bolonce Gt l April 2023 Transfers Balance ot in/out 31 March 2024 Income Expenditure Unrestricted funds Deslgnated funds Winding up costs Premises 45,000 14,555 59,555 85,000 85,000 130,000 14,555 144,555 General funds General funds 959 83,688 (39, 744) (14,555) 30,348 Total Unrestrlrted funds 130,959 83,688 (39,744) 174,903 Restrlcted funds Play+ Core Cost 4,203 47,008 (41,211) (99,583) (28, 779) (34,546) (3,426) (6,300) (1,522) (4.573) (3,653) (223,593) 10,000 99,583 Young Explorer KITE 11,500 Family trlps KITE Under 85 3,426 6,300 Youth Club 1,522 4,573 Parent Care & Wellbeing Family Sessions 3,653 4,203 240,890 21,500 Total of fund5 135,162 324,578 {263,337) 196,403 39. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Tangible fixed assets Current assets 2,485 306,060 1158,768) 2,485 323,060 (158,768) 17,000 Creditors due within one year Total 149,777 17,000 166,777 Analysis of new assets between funds- prior year Un￿strirted funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current assets 5,667 290,805 (121,569) 5,667 312,305 {121,569J 21,500 Creditors due within one year Total 174,903 21,500 196,403 18. Pension commltments The Charitable Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charitable Company in an independently administered fund. The pension cost charge represents contribution5 payable by the entity to the fund and amounted to £3,86512024- £3,105) during the year. The value of £nil12024 £nil) were payable to the fund at the balance sheet date and are inclL5ded in creditors. 19. Related partytransactions There were two related party transactions in the year ending 31 March 2024. The Trustee F. Ironside has a family member that uses the services of the charity and pays for these services at standard rates. There are no outstanding balances for these services. R Chambers, the Manager, and R Wilson, Trustee, have family members employed bythe charity, receiving combined remuneration of £43,83112024: £26,526). Reference and Administrative Information framilyfy Charity No. 1047075 Company No. 03036897 Registered Office Mqrches Family Network Mortlmer House Bankers CAF Bank 25 Kings Hill West Mallin9 Kent Holmer Road Hereford HR4 qTA MEIq 4TA Accountants WR Partners Company Secretary Rae Chamber8 Chartered Accountont8 Belmont Hou6e Shrewsbury Bu6lne86 Park Shrew6bury Shropshire SY2 6LG Trustees The following Tru8tees served durlng the year: Andrew Carpenter (Chalr) (Resigned 3 October 2024) Fiona Ironside (Interlm Chalr) (Appolnted 27 January 2025 and Interlm Chair 31 March 2025) Rick Mather (Vice Chalr) (Resigned 23 January 2025) Vince Mojares (Appolnted 22 July 2025) S Outterside (Reslgned 2 June 2024) K Turner (Treasurer and Chalr to14 March 2025) (Reslgned11 April 2025) R Wilson C Wozencroft (Re6igned13 August 2024) 41. Familyfy IF Contact Information: & Social OPQ 01568 614908 play@marchesfamilynetwork.org.uk Anytkirng is possible wken eveiyone is included Charity Number:1047075