Lifeworks Charity Limited
(A Charitable Company Limited by Guarantee)
Annual Report and Financial Statements
For the Period 1 April 2023 to 31 August 2024
Company Number: 03177139
Charity Registered in England and Wales Number: 1054167

Lifeworks Charity Limited
Contents
For the Period 1 April 2023 to 31 August 2024
Pa
Reference and Administrative Details
Trustees, Report
3-13
Independent Auditors, Report to the Members
14-17
statement of Financial Activities
18
Balance Sheet
19
Statement of Cash Flows
20
Notes to Financial Statements
21-34

Lifeworks Charity Limited
Reference and Administrative Details
For the Period 1 April 2023 to 31 August 2024
Trustee Directors
P J J Clarkson - Chair
M A W Alderson
B Harty
S Puleston
A Vaughan
Senior Leadership Team
Chief Executive
Head of Finance & Governance
Head of People & Culture
Head of Operations
Head of College
L Fraser-crewes
J Parsons
A Gavin
S Gonsti
K Dorow
(until 31 July 2024)
(until 31 December 2023)
(until July 2023)
Charity Number
1054167
Company Number
03177139
Principal Address and Registered Office
Lescaze OfFices Room 33
Shinners Bridge
Dartington
Totnes
Devon
TQ9 6JD
Auditors
Albert Goodman LLP
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA12PX
Bankers
Lloyds Bank plc
Fore Street
Totnes
Devon
TQ9 SHH
National Westminster Bank plc
Courtenay Street
Newton Abbot
Devon
TQ12 2EE
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Page 1

Lifeworks Charity Limited
Reference and Administrative Details
For the Period 1 April 2023 to 31 August 2024
Solicitors
Nash & Co Solicitors LLP
Beaumont House
Beaumont Park
Plymouth
PL4 9BD
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Page 2

Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
The Trustees. who are also directors of the Charity for the purposes of the Companies Act, present their
annual report (incorporating the director5 report as required by company law) and audited financial
statements for the period from 1 April 2023 to 31 August 2024. The financial statements have been prepared
in accordance with the accounting policies set out in note 1 to the financial statements, comply with the
Charity's governing document. applicable law and the requirement of the Statement of Recommended
Practice, "Accounting and Reporting by Charities" (SORP FRS 102) (implemented 1 January 2019), and are
in accordance with the special provisions relating to small companies within Part 15 of the Companies Act
2006.
Lifeworks Charity Limited is a charity and a charitable company and is variously referred to throughout this
report as either "the Charity. or "the Company". The Charity operates under the name of "Lifeworks" It was
incorporated 25 March 1996 as a company limited by guarantee. governed by a memorandum and articles of
association. The charity was previously named "The Bidwell Brook Foundation Limited" but changed its
name on the 15 February 2013 to "Lifeworks Charity Limited" Its company number is 03177139 and its
Charity registration number is 1054167. The registered office is Lescaze Offices Room 33, Shinners Bridge,
Dartington. Totnes. Devon, TQ9 6JD.
References and Administrative Details
Administrative information is given in a separate section at the front of these accounts.
Directors and Trustees
The directors of the Company are the Charity's trustees for the purpose of charity law and throughout this
report are collectively referred to as the Trustees.
The Trustees serving during the period and since the period end are as follows:
M A W Alderson
P J J Clarkson
R Crompton
B Harty
C Laithwaite
S Puleston
R Nathan
A Savage
A Vaughan
(appointed 9 May 2023)
Chair
(resigned 8 July 2024)
(resigned 20 December 2024)
(appointed 19 July 2023)
(resigned 17 July 2023)
(resigned 15 July 2023)
(appointed 3 December 2024)
None of the Trustees have any beneficial interest in the Company. All of the Trustees are members of the
Company and guarantee to contribute £10 in the event of a winding up.
Structure
overnance and mana
ement
The Board of Trustees ("BOT") oversees the administration of the Charity and meet formally a minimum of
four times during the year. In addition. the CEO holds Trustee Update meetings via Teams four times during
the year, between full Board meetings. Alongside these, a number of strategy meetings took place during
the year with Trustees and members of the Senior Lifeworks Team (considered to be the Key Management
Personnel).
A Finance Sub-committee and a College Governance Sub-committee both report to the Board and two
Trustees per sub-committee attended its meetings during the year.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Day to day management of the Charity is delegated to the CEO & Senior Leadership Team. The Trustees
take advice from external professionals dependant on the nature of the support that they need.
The charity uses a variety of methods for attracting Trustees which include recommendations and external
and internal advertising. The charity mainly advertises in the volunteering community and on our website.
There is a Trustee Recruitment policy in place, and in terms of the pro￿sS, the charity asks for a CV, from
there it is usual for the candidate to meet on an informal basis with the CEO or SLT. Once this has
happened, they would be asked to complete an application form and are invited to an interview which is
usually attended by the Chair of the Board and another Trustee. Standard safer recruitment practices are
applied in line with policy and procedure which includes obtaining two satisfactory references and an
enhanced DBS check. In addition to this they are also required to complete a declaration of eligibility.
All new Trustees receive a Charity Induction which includes visiting the service areas and being introduced to
stsff. They also undertake a number of e-learning courses which include safeguarding, MCA & DOLS and
GDPR. Trustees also attend governance training which fomis part of their Induction.
During the period under review, like many other charities. the organisation faced a number of challenges,
particularly financial. This led to changes in the structure of the Senior Leadership Team with a phased
reduction in the number of roles, most notably that of Chief Executive. The remaining SLT comprises the
Head of Finance and the Head of College together with regular support and direct oversight by the Trustees.
The arran
ements for settin
the
and remuneration of Ke
Mana
ement Personnel
Senior executive pay is linked to that of other directors and is set after considering organisation turnover,
number of employees, in-job risk, pay of other directors and any other benefits and incentives and
benchmarking within the charitsble sector.
Pay scales for managers, administration support staff, care team and ancillary staff are bench marked
against comparable roles, level of relevant qualifications and ability to recruit within the locality.
Lifeworks is a Real Living Wage employer.
Public Benefit
The Trustees have due regard for the Charity Commission's guidance on public benefit and have completed
a public benefit review and concluded that the activities during the year are in accordance with the Charitable
Objectives of the Charity and satisfy the requirements of identifiab5e benefit to the public.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Ob'ectives & Activities
The organisation is a charitable company limited by guarantee. incorporated on the 25" March 1996.The
company was established under a Memorandum of Association, which established the objects and powers of
the charitable company and is governed under its Articles of Association.
The object of the Charity is to provide support to individuals with learning disabilities through the provision of
services and advice aimed at improving the conditions of their lives, their families, and their futures.
Lifeworks, vision is for an inclusive Society where there is true equity, and where people with learning
disabilities are valued, accepted and empowered to fulfil their potential.
Lifeworks, mission is to create opportunities for people with learning disabilities to have a great life.
We achieve this by delivering aspirational activities and services and we work in partnership with others to
ensure the right support is provided at the right time in the right way. We are a learning organisation so we
invest in our staff and believe that everything we do must be outstanding for those who use our services,
their families and those who invest in us. We deliver support through ambitious needs-led services in care,
education and community projects.
Achievements and Performance
Overview
Lifeworks Charity has been in a period of consolidation and refocus. We took the decision to change
direction and on 31 October 2024 the Residential Children's service was transferred to another provider. This
has allowed us to concentrate on expanding our Further Education College, opening access for students
from neighbouring local authority areas, increasing the number of student internships as well as diversifying
our Day Services offer. This has made our services more accessible and increases the number of children,
young people. young adults and families we are able to support, ensuring we reach those who need us most
and in a more cost-effective way.
Robins
On 31 October 2023, 24 years after opening Lifeworks ceased delivering services at Robins. The business
was transferred to a new provider, DCC (Devon County Council), and continues to provide full-time
residential placements and overnight short breaks. Most of the staff transferred over to DCC, supporting a
smooth transition for the children, young people and their families. During those 24 years we are proud to
say we supported in the region of 250 young people and their families.
Sesame
Sesame is a 4-bedroom residential house in Torquay for adults with learning disabilities. The house was
bought by Lifeworks in 2009. and after a major refurbishment. opened in its current format as a Care Home,
providing a home from home environment. This beautiful home sits in a quiet, yet conveniently set, location
in Torquay and provides a calm environment to enjoy an independent lifestyle with the support of 24-hour
care.
Its mission is to continue the support we give families by providing full residential care for adults with learning
disabilities. Its aim is providing care in a safe and accessible home and to support these adults towards a
more independent and fulfilling life by continuing their learning in the homes, development of independent
living skills, as well as engaging with a broad range of activities in the local community.
We are committed to maintaining a consistent approach to the running of Sesame in line with our charity
values.. person-centered, respecfful. kind, positive, trustworthy and courageous. ensuring our residents
experience a caring home environment, and we are supporting them to achieve their very best futures.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
The home has full registration with the Care Quality Commission (CQC).
Revenue funding comes from Devon County Council and Torbay & Devon NHS Foundation Trust, who
commission and place the people we support. In addition, the charity fundraises to develop both the
environment and the community involvement to enhance the independent outcomes of the people living with
us.
Residents, and relatives, voices are crucial in influencing how we run our services, and we strive to ensure
that these continue to shape how we work and the services we provide. A range of family activity days have
now also been implemented to ensure we continue to support residents where possible to have positive
engagements with their relatives, here within their home.
Key Impacts: Sesame continues to be a happy and well managed home. The committed and stable staff
team who work together to achieve excellent outcomes for the residents. The service provides a safe and
caring home for a maximum of 4 people. We are at full capacity and all residents are happy and thriving.
December 2023 CQC Inspection outcomes: Good
Overall effectiveness:
GOOD
Safe:
Good
Effective:
Good
Caring:
Good
Responsive:
Good
Well-led..
Good
Lifeworks Colle
Lifeworks College is a small specialist independent Further Education College, which opened in 2011, that
provides a safe and supportive learning environment for young people from the ages of 16 to 25 who have
learning disabilities and hold an Education, Health and Care Plan. The college is located in a beautiful village
environment, with a strong community spirit, close to the town of Totnes in South Devon. It offers a
comprehensive programme of personal, social and vocational education on a daily basis. Staff work closely
with the students, families. local businesses, and outside agencies, to deliver its main outcomes for learners
of independence, personal development, employment and community involvement.
It is fully registered with the Department of Education, funded by the Education and Skills Funding Agency
(ESFA), Local Authority SEND Commissioning, and is inspected and graded by Ofsted.
The college provides an aspirational curriculum, offering a comprehensive programme of personal. social
and vocational education, along with a strong enrichment programme. which includes a range of active
wellbeing and creative sessions. and tutorials. All students undertake a work placement, and these are
placed in relation to their chosen career path and suitable location.
Students are also provided with opportunities to attend residentials and extracurricular activities. The
curriculum is tailored to meet the needs of the individual, ensuring all students are supported to reach their
full potential.
There is a strong student voice through the established Student Council, and these, along with the Parent
Forum, and employers, help to shape the development of the curriculum and study programme. Staff work
closely with the students, familieslcarers, local businesses and outside agencies to deliver its main outcomes
of independence, personal development, employment and community involvement.
Student places are funded through Local Authority SEND commissioning, and the ESFA.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Key Impacts..
Achievement Rate
Retention Rate
Pass Rate
ProviderAchi8Yamant Rato
Prawder Retention Rat8
Provlder Pass Rate
i 00.00
Achievement Rate byAcadomicYear
Retention Rate byAc8domic Year
P855 Rat8 by Academic Yoar
11
100
SD
2021i22 202?.?3 2023Q4
2021Q2 2022.'23 2D2&24
•RR-WALè*¥4ts
•PR-MRkhiwtS
Achievement rates for 2023-24:
English and Maths
Pre Entry 100'/0
Entry Level 1 1000/.
Enty Level 2 100 %
Entry Level 3 1000/0
Level 1859/0
Arts Award
850/0 achievement
Main aim
Life Skills Award 100 %
Personal Progress Certificate 100 /0
Work Preparation 1000/0
Certificate in Employability 89 % (1 student DNA)
The college achieved 100 % positive destinations from students that have left the college. This includes
moving into paid employment. self-employment, volunlary roles, and independent living.
This academic year, one student was awarded the Ascentis Learner of the Year. She then progressed
on to the Federation of Awarding Bodies final. coming a strong third.
A full Ofsted Inspection in November 2024, achieved an overall Good rating.
Overall effectiveness:
GOOD
The quality of education:
Good
Behaviour and attitudes:
Outstanding
Personal development:
Outstanding
Leadership and management:
Good
Provision for students with high needs:
Good
Quote frorn Otsted: "We are extremely impressed by your ambitious curriculum intent and aspirations
for your students. In particular, we are blown away by the Supported Internship pathway and the
impact this is having on the Interns and the businesses they work at."
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Lifeworks Communit
Community Projects was the umbrella title for all our day service activities, bringing together Youth Clubs,
and Holiday Projects which enabled young people and adults to better access community activities that link
to transition and preparing for greater independence, as well as social and community interaction. Our next
phase is to put all activities under our Day Service umbrella title.
Lifeworks Community Key Elements:
Youth & Adult Social Clubs the first club opened in 1999. The Clubs, ethos is to provide recreational and
educational clubs for young people with learning disabilities by offering a diverse range of opportunities for
socialising, developing friendships, offering support for families and carers and progressing skills essential
for independent living. The clubs run on Saturdays. The wide range of activities support the young people 12
18 and 18 years plus, to access the community and bring together what has been learnt at school, College
and home to support their transition into being an active member of their local community.
The clubs are funded through direct payments, commissioning, parental contributions and fundraising.
Holiday Projects offer a wide range of healthy food and fun activities to young people with learning
disabilities across South Devon each schooll college holiday. Working in partnership with local food
providers, community sports and arts organisations, we have been enjoying surfing, football, dance. horse
riding, as well as a whole array of healthy food related fun, and many outings.
It is with thanks to funding from the HAF (Healthy Activities and Food) programme from Devon County
Council. that we have been able to offer a large proportion of places to those in receipt of free school meals.
This programme mitigates 'Holiday Hunger, where families are unable to afford sufficient nutritious food
during schooll College holidays. We not only provide a hot meal, but also the attendees learn how to grow
their own fruit and vegetables. prepare and make the meals, take home ingredients and recipe cards, and
recreate these with their own families.
Key Impacts:
an improvement in the health and wellbeing of attendee5
receiving healthy and nutritious meals
maintaining a healthy level of physical activity
being happy. having fun and meeting new friends
developing a greater understanding of food, nutrition and other health-related issues
taking part in fun and engaging activities that support their development
feeling safe and secure
getting access to the right support services
returning to schoovcollege feeling engaged and ready to learn
development of new skills or knowledge
taking part in new experiences, for example nature walks. visiting National Trust properties and local
farms
Attendance
Saturday Clubs
Holiday Club
HAF Programme
680 units
470 units
320 units
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
After consultation with our current service users and local Commissioners, in Septernber 2024 a Day
Services provision was introduced: Monday to Friday for those adults with learning disabilities over 18, not in
full-time education. employment or training. The service is designed to offer a diverse range of activities.
Each day focuses on a theme, with activities being personalised, giving participants the opportunity to
engage in activities that support personal growth, creativity, and community involvement.
Themes include:
Preparation for Adulthood- A focus on developing skills needed for independent living, further
education, and employment readiness
Home Baking & Gardening". Hands-on sessions to explore baking and gardening, encouraging
creativity and practical skills, using ingredients harvested from our garden into cooked dishes.
Creative Day: A day dedicated to expression through crafts, music, and other creative outlets.
Community Engagement & Life Skills: Activities aimed at fostering connections within the community
and building essential life skills for daily living.
Active Leisure: Physical activities designed to promote health and well-being, offering both fun and
fitness.
Lifeworks, Central Services
All front-line services are supported by Lifeworks. Central Services. Following a change in October 23 to our
operational direction. a review of Central Services took place to restructure the department to ensure that the
team aligned with the needs of the business and that it was cost effective and financially sustainable. The
team provides financial, HR. fundraising. GDPR, and Health & Safety support and utilises the support of an
external marketing company under the scrutiny of the Head of Finance & Governance.
Finance & Fundraisin
Our fundraising efforts continue so that we are able to deliver projects that enable the people whom we
support to access valuable activities that promote engagement with their local community and encourage
transformation from social and economic disadvantage.
Our aim is to achieve complete confidence and public trust by demonstrating good stewardship of funds and
demonstrating positive impact for our beneficiaries. To realise this, our approach is to ensure the key
principles of honesty, respect, integrity, transparency and responsibility are embedded in all our fundraising
activities. We are committed to ethical fundraising to encourage sustainable giving and fully comply with the
Fundraising Regulator's Code of Fundraising Practice. No complaints have been received during this year.
Lifeworks recognises the Fundraising Regulator's guidance designed to protect donors. charity supporters
and the public, particularly those that are vulnerable, from intrusive fundraising practices. Our fundraising
activity this year, has not involved working with any third party, commercial participators or professional
fundraisers.
Lifeworks is enormously grateful on behalf of its beneficiaries for all of its wonderful volunteers. supporting
organisations, trusts and foundations for the generosity, time and energy they commit to us as supporters,
friends, and donors. Without this many of the invaluable opportunities we offer to our beneficiaries would not
be possible.
Special thanks must also go out to Lifeworks staff and trustees who volunteer their spare time.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Our Staff
The trustees acknowledge that the greatest asset the charity has is its staff team. Lifeworks employs 106
staff across all areas of the business. It supports the ongoing learning opportunities and career advancement
of its staff through diplomas. the Care Certificate and individual and team training programmes.
During the year we maintained our accreditation as a Disabled Confident Leader. We strive to make the
most of the talents people with disabilities can bring to the workplace and benefit from their diverse skills,
experiences and views.
We believe that our staff deserve a fair day's pay for a hard day's work and, for that reason, we are one of
over 8,000 businesses across the UK committed to paying the real Living Wage regardless of the job that
people do or how old they are. Our rates of pay are higher than the Government's minimum wage.
We are a committed Mindful Employer. By signing the 'Employers Positive about Mental Health, charter. we
have made a public declaration of our ambition to support the mental wellbeing of our staff and not make
assumptions about a person with a mental health condition and their ability to work.
Future Develo
ments
We began work on our new strategic plan in August 2022 and updated our Vision. Mission and Values. This
produced an ambitious, but realistic strategy to bring better focus and move the charity forward in achieving
best outcomes for the people we work with.
Our VISION is for an inclusive society where there is true equity, and where people with learning
disabilities are valued, accepted and empowered to fulfil their potential.
Our MISSION is to create opportunities for people with learning disabilities to have a great life.
Our VALUES are:
We are Person-centred and inclusive, making sure that we always focus on the person and what
they are able to do. supporting them to realise their aspirations and achieve their very best futures.
We are Respectful and believe that everyone has the right to be happy, safe and live a fulfilled life.
We value diversity and treat everyone with dignity. kindness and respect.
We are Kind. We all need to feel safe, encouraged and valued.
We are Positive in our work and with each other and will never stop trusting that there is a brighter
future for people with learning disabilities.
We are Trustworthy, believing in transparency, integrity and honesty. Everything that we do should
inspire trust and confidence.
We are Courageous and are driven to continuously innovate, develop. evaluate and improve.
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Page 10

Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
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The Year Ahead
As we move forward into the forthcoming year, Lifeworks stands at a pivotal moment. The past year has
presented us with significant challenges, most notably financial, that have tested our resilience and
adaptability. However, it is during these times that our commitment to our mission and the communities we
serve has shone the brightest.
Reflecting on the Past, Building for the Future
The financial loss incurred this year has spurred us to take decisive actions, re-evaluate our strategies, and
implement rigorous financial management measures. Through a comprehensive review of our operations, we
have identified key areas for improvement and efficiency gains. We are implementing cost-saving measures
while ensuring that our core services remain unaffected. Looking ahead, we remain optimistic about the
future.
Our planned initiatives for the coming year include:
Service Developments
Lifeworks has always sought to respond to the needs of the people and the families whom we support.
Despite the previous challenges, we are pleased to be looking at enhancing our provision through day
services, expanding our youth offer and by responding to emerging needs where there are insufficient
services available e.g. enabler services; supported living options. In this regard. we will continue to review
and shape the organisation to position ourselves for sustainable future development and growth.
Operational Efficiency
Continuing to streamline our operations to improve cost-effectiveness without compromising the quality of
our work. This includes investing in technology that enhances our operational capabilities and empowers our
workforce.
Partnerships and Collaboration
Strengthening existing partnerships and seeking new collaborations that align with our mission. By working
together with other organisations, we can amplify our impact and ensure a more sustainable future.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 Apri5 2023 to 31 August 2024
Transparency and Accountability
Reinforcing our commitment to transparency and accountability by providing regular updates to our
stakeholders about our progress and the impact of their support.
Sustainability Planning
Developing a long-term sustainability plan that balances our immediate financial needs with our future growth
aspirations. This plan will serve as a roadmap for returning to financial health and organisational stability.
Board Of Trustees
As a charity, we seek to fulfil our vision by supporting, promoting, caring for, advocating for and giving
voice to people with learning disabilities. That is what we do and want to become known for. We are pleased
to have strengthened the Board with new trustees and we remain committed to our Strategic Plan, despite
some significant challenges during the past 18 months. This sets the trajectory for the future direction of the
charity with plans for growing and extending our profile and reach in the region. Our motivation is to be able
to offer access for all, increase the number of beneficiaries we support, further enhance the quality of all our
services and to improve our financial sustainability in an increasingly challenging economic climate for the
charitable sector. These ambitions have informed our Reserves Policy.
Financial Reserves and Review
Results for the period show net expenditure after deprecation of £356,366 (2023: net expenditure of
£226,769). Total funds at 31 August 2024 stood at £1,823.126 of which £287.014 relates to fixed assets and
can only be realised by disposing of the assets. this therefore leaves unrestricted free reserves at
£1,536,112.
Designated funds
A formal review of our policy on reserves is carried out by Trustees annually, last completed March 2025.
Our reserves policy focuses on the level of its 'free' reserves.
Our unrestricted free reserves which are not specifically designated against fixed assets at 31 August 2024
were £1,536,112.
The Trustees have assessed what financial resources are required to meet employer and other committed
financial obligations, and based on this assessment the Trustees have designated £943,000 which is
equivalent to four months trading income. of which £688.000 is designated for future risk.
In addition to fulfil our capital and development requirements during the forthcoming twelve months £95.000
has been designated as detailed below"
£20,000 vehicle acquisition
£20,000 IT Systems
£55,000 Contingency
A maximum of £486,116 of 'free reserves, are available to be invested into Lifeworks projects at the
discretion of the Board of Trustees.
Risk
The Board of Trustees tskes seriously their duty to avoid exposing the charity to undue risk. However, their
approach to this is not becoming risk averse, but instead to adopt responsible management of risks.
Lifeworks use a model for assessing risk and to draw attention to the distinction be￿een risks that arise from
a financial situation and risks arising in other ways that can be seen as non-financial, even if, ultimately. they
have a financial impact.
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Lifeworks Charity Limited
Trustees, Report
For the Period 1 April 2023 to 31 August 2024
Our approach towards resolution to risk is to establish an atmosphere that empowers individuals to highlight
uncertainty and raise risk as and when they observe them. Lifeworks acknowledges that risk management is
a dynamic process and will ensure that new risks are addressed as they arise and monitoring will be cyclical
so as to establish how previously identified risks may have changed.
Statement of Trustees, Res
onsibilities
The trustees (who are directors of Lifeworks Charity Limited for the purposes of company law) are
responsible for preparing the Trustees, Annual Report (incorporating the Directors. Report) and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial period which give a true
and fair view of the state of affairs of the charitable company and the income and expenditure of the
charitable company for that period. In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements, and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in otherjurisdictions.
Auditors
The auditors. Albert Goodman LLP, are deemed to be re-appointed under Section 487(2) of the Companies
Act 2006.
By order of t
Trustees.
PJJ
rkson
Chair of Trustees
Date:
os".cs"
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Lifeworks Charity Limited
Independent Auditors, Report to the Trustees and Members
For the Period 1 April 2023 to 31 August 2024
Opinion
We have audited the financial statements of Lifeworks Charity Limited (the 'charitable company,) for the
period 1 April 2023 to 31 August 2024, which comprise the Statement of Financial Activities, Balance Sheet,
Statement of Cash Flows. and Notes to the Financial Statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is applicable
law and United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard
102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of
its incoming resources and application of resources for the period then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice- and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a
going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the
relevant sections of this report.
other information
The trustees are responsible for the other information. The other information comprises the information
included in the Trustees, Report. other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover the other information and. except to the extent otherwise
explicitly stated in our report. we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so. consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether there is a
material misstatement in the financial statements or a material misstatement of the other information. If,
based on the work we have performed, we conclude that there is a material misstatement of this other
information, we are required to report that fact.
We have nothing to report in this regard.
Produced by Albert Goodman LLP
Page 14

Lifeworks Charity Limited
Independent Auditors, Report to the Trustees and Members
For the Period 1 April 2023 to 31 August 2024
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report. which includes the Directors, Report prepared for the
purposes of company law for the financial period for which the financial statements are prepared is
consistent with the financial statements; and
the Directors, Report included within the Trustees, Report have been prepared in accordance with
appSicable legal requirements.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion:
adequate and proper accounting records have not been kept, or returns adequate for our audit have
not been received from branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities set out on page 13. the trustees (who
are also the directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view. and for such
internal control as the trustees determine is necessary to enable the preparation of financial statements that
are free from material misstatement, whether due to fraud or error.
In preparing the financial ststements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations. or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit
conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.ukjauditorsresponsibilities. This description forms part of our
auditor's report.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of
irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below:
Produced by Albert Goodman LLP
Page 15

Lifeworks Charity Limited
Independent Auditors, Report to the Trustees and Members
For the Period 1 April 2023 to 31 August 2024
The extent to which the audit was considered capable of detecting irregularities including fraud
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities,
including fraud and non4ompliance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws and
regulations-
we identified the laws and regulations applicable to the company through discussions with
management. and from our commercial knowledge and experience of the charity sector.,
we focused on specific laws and regulations which we considered may have a direct material effect
on the financial statements or the operations of the company, including the Companies Act 2006,
Charity Act 2011, CQC registration, Ofsted registration. anti-bribery, employment, data protection and
health and safety legislation-
we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence. and
identified laws and regulations were communicated within the audit team regularly and the team
remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement. including
obtaining an understanding of how fraud might occur, by:
making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud. and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations.
To address the risk of fraud through management bias and override of controls, we:
performed analytical procedures to identify any unusual or unexpected relationships.,
tested journal entries to identify unusual transactions.,
assessed whether judgements and assumptions made in determining the accounting estimates were
indicative of potential bias- and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation.
reading the minutes of meetings of those charged with governance.,
enquiring of management as to actual and potential litigation, claims and breaches of relevant
legislation. and
reviewing correspondence with the Charity Commission, CQC, Ofsted and other relevant regulators
including the company s legal advisors and insurers.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions. the less likely it is that we would become aware of non-
compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws
and regulations to enquiry of the directors and other management and the inspection of regulatory and legal
correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as
they may involve deliberate concealment or collusion.
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Page 16

Lifeworks Charity Limited
Independent Auditors, Report to the Trustees and Members
For the Period 1 April 2023 to 31 August 2024
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members and trustees those matters we are required to state to them in an auditor's
report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's members as a body
and the charitable company's trustees as a body. for our audit work, for this report. or for the opinions we
have formed.
chelle Ferris Bsc (Honsj FCA DChA
Senior Statutory Auditor
for and on behalf of
Albert Goodman LLP
Chartered Accountants
Statutory Auditor
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA12PX
Date:
Produced by Albert Goodman LLP
Page 17

Lifeworks Charity Limited
Statement of Financial Activities (including the Income and Expenditure Account)
For the Period 1 April 2023 to 31 August 2024
1 April 2023 - 31 August 2024
Unres-
Res-
tricted
tricted
1 April 2022 - 31 March 2023
Unres-
Res-
tricted
tricted
Total
Total
Note
Income:
Donations
Charitable activities
other trading activities
Investments
12,471
3,214,270
64,572
22,059
39,556
52,027
141,909 3,356,179
64,572
22,059
10,072
2,959,765
1,304
4,046
62,150
89,581
72,222
3,049,346
1,304
4,046
Total income
3,313,372
181,465 3,494,837
2,975,187
151,731
3,126,918
Expenditure:
Expenditure on charitable
activities
3,660,670
190,533 3,851,203
3,135,171
218,516 3,353,687
Total expenditure
3,660,670
190,533 3,851,203
3,135,171
218,516 3,353,687
Net income l (expenditure)
before transfers
(347,298) (9,068) (356,366) (159,984) (66,785) (226,769)
Transfers between funds
{8,068)
8,068
(57,878)
57,878
Net movement in funds
(355,366)
(1,000) (356,366) {217,862)
(8,907) {226,769)
Reconciliation of funds
Total funds brought forward
2,178,492
1,000 2,179,492
2,396,354
9,907 2,406,261
Total funds carried forward
1,823,126
1,823,126
2,178,492
1,000 2,179,492
The statement of financial activities has been prepared on the basis that all operations are continuing
operations. There were no gains or losses arising in the period that are not shown above.
The statement of financial activities incorporates the income and expenditure account.
Produced by Albert Goodman LLP
Page 18

Lifeworks Charity Limited - Company Registration Number: 03177139
Balance Sheet
As at 31 August 2024
31 August
2024
31 March
2023
Note
Fixed assets
Tangible fixed assets
287,014
1,059,477
Current assets
Debtors
Cash at bank and in hand
89,042
1,698,529
262,656
979,958
1,787,571
1,242,614
Liabilities:
Creditors: falling due within one year
10
{251,459)
(122,599)
Net current assets
1.536,112
1,120,015
Total net assets
1,823,126
2,179,492
The funds of the charity:
Restricted funds
1,000
Unrestricted funds
Designated funds
Unrestricted funds
11 1,337,010
486.116
2,097,477
81.015
1,823,126
2,178,492
Total charity funds
1,823,126
2,179.492
The financial statements have been prepared and delivered in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
Approved by the Board and authorised for issue on
and signed on its behalf by:
Clarkson
Trustee Director
S Puleston
Trustee Director
Produced by Albert Goodman LLP
Page 19

Lifeworks Charity Limited
Statement of Cash Flows
For the Period 1 April 2023 to 31 August 2024
1 April 2023 - 31 1 April 2022 - 31
August 2024
March 2023
Notes
Cash flows from operating activities
Net movements in funds for the year
Adjustments to cash flows from non-cash items
Depreciation and amortisation
(Profit)I loss on disposal of fixed assets
Finance income
(356,366)
(226,769)
46,557
(62,979)
(22,059)
55,499
2,361
(4,046)
(394,847)
(172,955)
Working capital adjustments
(Increase) I decrease in debtors
(Decrease) l increase in creditors
173,614
128,860
(19.356)
(157.324)
10
Net cash flow from operations
Cash flows from investing activities
Interest received
Purchase of fixed assets
Proceeds from the sale of fixed assets
(92,373)
(349,635)
22,059
(42,411)
831,296
4.046
(8,400)
810,944
{4,354)
Net (decrease) l increase in cash and cash equivalents
718,571
(353,989)
Cash and cash equivalents at the beginning of
the reporting period
979,958
1,333.947
Cash and cash equivalents at the end of the
reporting period
1,698,529
979.958
Produced by Albert Goodman LLP
Page 20

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Accounting policies
The principle accounting policies adopted in the preparation of the financial statements are:
Basis of accounting
The Financial Statements have been prepared in accordance with 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) (effective 1 January 2019) - (Charities SORP FRS 102), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Lifeworks Charity Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy note(s>. All amounts are presented in £ sterling.
Legal status of the charity
The charity is a company limited by guarantee and has no share capitsl. In the event of the charity
being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
Going concern
The trustees assess whether the use of going concem is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the charity to continue as a going concern. The trustees rnake this assessment in respect of a period
of at least one year from the date of authorisation for issue of the financial statements and have
concluded that the charity has adequate resources to continue in operational existence for the
foreseeable future and there are no material uncertainties about the charity's ability to continue as a
going concern, thus they continue to adopt the going concern basis of accounting when preparing the
financial statements.
Income
Donations and other voluntary income are recognised on receipt.
Income from grants (including government grants). where 'capital' or 'revenue'. is recognised when
the charity has entitlement to the funds, any performance conditions attached to the grants have been
met, it is probable that the income will be received and the amount can be measured reliably and is
not deferred. Where no conditions are attached to grant income they are recognised within donations
and gifts and where conditions relating to performance of services are attached, grant income is
recognised within charitable activities in the Statement of Financial Activities.
Income from charitable activities is included in the period in which the charity is entitled to receipt, it is
probable that economic benefits will flow to the entity and the amount can be reliably measured.
Where income is received in advance of provision of services, income is deferred until the criteria for
income recognition is met. Where income has not been received and services have been provided,
income is accrued.
Income from other trading activities includes income relating to fundraising and is included in the
Statement of Financial Activities when receivable.
Produced by Albert Goodman LLP
Page 21

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Expenditure
Resources expended are recognised on the accruals basis to match the period in which the
expenditure was incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Certain expenditure is directly attributable to specific activities and has been included in those activity
categories. Certain other costs. which are attributable to more than one activity, are apportioned
across cost categories as follows:
The costs of the general office and the administration function that supports the Charity have
been split between charitable activities on a percentage basis per project, and time
apportioned where an activity has not occurred throughout the full period.
Costs relating to wages are allocated between activities based on the proportion of time spent
by fundraising and administration staff on those activities. However, any expenditure relating
to small specific projects is borne by the general fund.
Investment income
Interest on funds held on deposit is included in the Statement of Financial Activities as investment
income when receivable and the amount can be measured reliably by the charity" this is normally
upon notification of interest paid or payable by the bank.
Pensions
The charity operates a defined contribution pension scheme. Contributions are recognised in the
SOFA in the period in which they become payable in accordance with the rules of the scheme.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost or valuation less estimated residual value of each asset over its
expected useful life as follows:
Leasehold land and buildings
Freehold buildings
Fixtures, fittings and equipment
Motor vehicles
Office equipment
Over term of the lease (300 years)
50 years straight line
5 years straight line
5 years straight line
4 years straight line
Debtors
Trade debtors and accrued income are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash at bank and in hand
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.
1.11 Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third party and the amount due to settle the obligation
can be rnea5ured or estimated reliably. Creditors are normally recognised at their settlement amount
after allowing for any trade discounts due.
Produced by Albert Goodman LLP
Page 22

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
1.12 Deferred income
Deferred income comprises income received in advance of the provision of charitable activities.
Deferred income is recognised within income in the Statement of Financial Activities when the
conditions for income from charitable activities recognition are met.
1.13 Financial instruments
The charity only holds basic financial instruments as defined in FRS 102. The financial assets and
liabilities of the charity and their measurements are as follows:
Financial assets trade, other debtors and loans (programme related investment) are basic financial
instrurnents and are debt instruments measured at amortised cost. Investment portfolios are basic
financial instruments measured at fair value through the income and expenditure account.
Prepayments are not financial instruments.
Cash at bank and deposit accounts- is classified as a basic financial instrument and is rneasured at
face value.
Financial liabilities
trade creditors. accruals and other creditors are financial instruments, and are
measured at amortised cost. Taxation and social security are not included in the financial instruments
disclosure definition. Deferred income is not deemed to be a financial liability, as the cash settlement
has already taken place and there is an obligation to deliver services rather than cash or another
financial instrument.
1.14 Fund accounting
Funds held by the charitable company are one of the following types'.-
Unrestricted general funds
these funds can be used in accordance with the charitable
objects at the discretion of the Trustees.
Designated funds
these funds are set aside out of unrestricted general funds for specific
future purposes, projects. or reserves.
Restricted funds
these funds can only be used for the particular restricted purposes within
the objects of the charity. Restrictions arise when funds raised are for a specific purpose.
Further explanations of the nature and purpose of each fund are included in the notes to the financial
statements.
1.15 Taxation
As a registered charity, the company is exempt from corporation tax and capital gains tax, but not
Value Added Tax. Irrecoverable Value Added Tax is included in the costs of those items to which it
relates.
1.16 Operating leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are
classified as operating leases. Rentals payable under operating leases are charged to the Statement
of Financial Activities as incurred over the term of the lease. The charity has an operating lease for
the head office and FE college premises. The title of the leased premises remains with the lessor.
Produced by Albert Goodman LLP
Page 23

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Net incomel (expenditure) before transfers
1 April 2023 31 1 April 2022 - 31
August 2024
March 2023
Net incoming resources for the period are stated after charging
Pension costs
Depreciation
Auditors, remuneration
Audit fee
Other services
139,597
46,557
112,324
55,499
8,500
3.956
6,120
2,073
Income (excluding charitable activities income)
1 April 2023 - 31 August 2024
Unres-
tricted Res-tricted
1 April 2022 - 31 March 2023
Unres-
Res-
tricted
tricted
Total
Total
Donations
12,471
39,556
52,027
10,065
62.150
72,215
Exceptional government funding
Other Covid grants"
12,471
39,556
52,027
10,072
62,150
72.222
'denotes government grants
The charity has been eligible to claim additional funding in the period from government support schemes in
response to the coronavirus outbreak. The funding received is shown above under "exceptional government
funding"
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Page 24

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Incoming resources from charitable activities
1 April 2023 - 31 August 2024
Unres-
tricted Res-tricted
1 April 2022 - 31 March 2023
Unres-
Res-
tricted
tricted
Total
Total
Fees for care services
Robins Respite Centre
Robins Residential care
Sesame Residential care
287,490
378,350
1,204,592
287,490
378.350
1,204,592
500,462
681.847
734,941
500.462
681,847
734,941
1,870,432
1,870,432
1,917,250
1,917,250
Fees for college
Further Education College
1,341,918
1,341.918
1,040,694
1,040,694
Fees for other projects
Youth Club fees
Summer School fees
Community projects
32,187
44,042
32,187
44,042
510
39,620
15,961
39,620
16,651
1,131
690
1,131
510
510
76,229
76,739
1,821
55,581
57,402
Grants receivable
The Clare Milne Trust
Bailey Thomas Grant
Small Grants Scheme
Forbes Foundation
Other (Under £5,000)
7,480
7,000
7,480
7,000
5,000
25,000
4,000
5,000
25,000
4,000
40,000
11,200
40,000
12,610
1.410
1,410
65,680
67,090
34.000
34,000
Total
3,214,270
141,909 3,356,179
2,959,765
89,581
3,049,346
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Page 25

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Charitable activities expenditure
1 April 2023 - 31 August 2024
Unres-
tricted Res-tricted
1 April 2022 - 31 March 2023
Unres-
Res-
tricted
tricted
Total
Total
Robins
Sesame
FE College
Other community and
holiday projects
Premises and admin costs
669,232
1,036,283
1,142,786
669.232
1,036,283
1,142,786
1,083,900
794,442
932,419
1,083,900
794,442
932,419
132,053
58.480
132,053
870,850
218,516
218,516
324,409
812,370
324,409
Total
3,660,670
190,533 3,851,203
3,135,171
218,516
3,353,687
1 April 2023 - 31 August 2024
Support
costs
Direct
Other
staff costs direct costs
Total
2024
Robins
Sesame
FE college
Other community and holiday projects
Premises and admin costs
479,504
781,520
795,875
55,302
62,815
116,057
160,249
48,312
585,104
126.913
138,705
186.662
28,440
285,746
669,232
1,036,283
1,142,786
132,053
870,850
2,112,200
972,537
766,466
3,851,203
1 April 2022 - 31 March 2023
Support
costs
Direct
Other
staff costs direct costs
Total
2023
Robins
Sesame
FE college
Other community and holiday projects
Premises and admin costs
651.681
449,760
525,905
95,129
272.107
261,361
288.668
47,761
226.295
160,113
83,322
117,846
75,626
98,115
1.083,900
794,442
932,419
218,516
324,409
1,722,474
1,096,192
535,021
3,353,687
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Page 26

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Charitable activities expenditure (continued)
Analysis of support costs
The charity initially identifies the costs to its support functions. Having identified the support costs.
they are then apportioned between the five (2023: five) key charitable activities undertaken (see
above) in the period. Refer to the table below for the basis of apportionment and the analysis of the
support costs.
1 April 2023 31 1 April 2022 - 31
August 2024
March 2023
Basis of
apportionment
Salaries, wages & related costs
General office and administration
Time spent
Turnover or time spent
599,610
166,856
401,749
133,272
766,466
535,021
Trustee directors
None of the Trustee Directors (or any persons connected) received any remuneration during the
period, and none were reimbursed any expenses (2023 - £nil).
There were no related party transactions during the period (2023 - nil).
Employees
Number of employees
The average monthly head count of employees during the period was:
1 April 2023 - 31 1 April 2022 - 31
August 2024
March 2023
Provision of care services
Fundraising, publicity and development of the charity
Operation of youth club
Administration
Education
22
56
10
25
22
58
100
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Page 27

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Employees (continued)
1 April 2023- 31 1 April 2022- 31
August 2024
March 2023
Wages and salaries
Social security costs
Pension costs
Terminationl redundancy payments
2,337,870
207,446
139,597
26,897
1,838,460
163,440
112,324
10,000
2,711,810
2,124,224
During the period, total costs of £26.897 were paid in relation to redundancy and settlement costs to
two individuals (2023 - £10,000 one settlement). The amounts are full and final with no outstanding
amounts due at the balance sheet date (2023: no amounts outstanding).
The number of employees whose annual emoluments (excluding employers Nl and employer pension
contributions) were £60,000 or more were:
1Apri12023 31 IApri12022 31
August 2024
March 2023
£60,000 - £70,000
£70,001- £80,000
£80.001- £90,000
£90,001- £100,000
These employees are members of the defined contribution pension scheme, into which contributions
of £22,850 (2023.. £4,612) were made.
Defined contribution pension scheme
The company operates a defined contribution pension scheme. The pension cost charge for the
period represents contributions payable by the company to the scheme and amounted to £139,597
(2023- £112,324).
Contributions totalling £6,071 (2023 £9,581) were payable to the scherne at the end of the period
and are included in creditors.
Key management personnel
The key management personnel of the charity are considered to be those 5isted on Page 1. The
total costs to the charity of employee benefits (including employers Nl and employer pension
contributions) for the key management personnel were £396.555 (2023: £312,745).
Produced by Albert Goodman LLP
Page 28

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
Tangible fixed assets
Leasehold
Land &
Buildings
Freehold
Fixtures
Office
Motor
Land &
Fittings & Equipment Vehicles
Buildings Equipment
Total
Cost
At 1 April 2023
Additions
Disposals
255,335
1,142,909
9,493
(255,335) (798,951)
104,763
2,728
(41,275)
25.514
126.063
1,654,584
30,190
42,411
(16,719) (1,112,280)
At 31 August 2024
Depreciation
At 1 April 2023
Charge for the year
Elim on disposal
353,451
66,216
25,514
139,534
584,715
3,400
387,303
10,014
(287,710)
81.928
11,144
(36,134)
22,773
2,741
99,703
595,107
22,658
46,557
(16,719) (343,963)
(3,400)
At 31 August 2024
Net book value
At 31 August 2024
109.607
56,938
25,514
105,642
297,701
243.844
9,278
33,892
287,014
At 31 March 2023
251,935
755,606
22,835
2,741
26,360
1,059,477
Freehold land and buildings include land donated by Dartington Hall Trust and Devon County Council.
This land was valued at £30.000 by the Trustees during the year ended 31 December 1998 as an
estimate of its market value and is not depreciated.
Leasehold land and buildings comprises land held under a 300 year lease.
Debtors
31 August
2024
31 March
2023
Trade debtors - fees receivable
Other debtors and prepayments
15,894
73,148
244,601
18,055
89,042
262,656
Produced by Albert Goodman LLP
Page 29

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
10
Creditors: Amounts falling due within one year
31 August
2024
31 March
2023
Trade creditors
Other creditors
Accruals and deferred income
Taxation and social security
29,687
156,226
38,734
26,812
35,524
23,491
28,972
34,612
251,459
122,599
At the balance sheet date, the charity was not holding any funds received in advance (2023: £6,800
for a trip taking place in 2023124).
Produced by Albert Goodman LLP
Page 30

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
11
Summary of movement in funds
Opening
Balance
01.04.23
Closing
Balance
31.08.24
2024
Income
Expenditure
Transfers
Restricted funds
Community
Projects Development
Forbes donation
The Small Grant Fund
The Clare Milne Trust
Bailey Thomas
BBC CIN
122,985
40,000
4,000
7,480
7,000
(131.053)
(40.000)
(4,000)
(7,480)
(7,000)
(1 ,000)
8,068
1,000
Total Restricted funds
1,000
181,465
(190.533)
8.068
Unrestricted funds
Desi
nated:
Robins respite centre
Sesame
other fixed assets
Vehicle acquisition
IT Systems
Contingency
Operational reserve
501,027
254.003
304.447
20.000
20,000
55,000
943,000
(501,027)
(7,743)
{251,697)
246.260
52,750
20,000
20,000
55.000
943.000
2.097.477
(760.467) 1,337,010
General
81,015
3,313,372
(3,660,670)
752.399
486,116
Total Unrestricted funds
2,178,492
3,313,372
(3,660,670)
(8.068) 1.823,126
Total funds
2,179,492
3,494.837
(3,851,203)
1,823,126
Produced by Albert Goodman LLP
Page 31

Lifeworks Charity Limited
Notes to the Financial Statements
For the Period 1 April 2023 to 31 August 2024
11
Summary of movement in funds (continued)
Opening
Balance
01.04.22
Closing
Balance
31.03.23
2023
Income
Expenditure
Transfers
Restricted funds
Community
Projects Development
BBC CIN
151,731
(209,609)
(8,907)
57,878
9.907
1,000
Total Restricted funds
9,907
151.731
(218,516)
57,878
1,000
Unrestricted funds
Desi
nated..
Robins respite centre
Sesame
Other fixed assets
Vehicle acquisition
IT Systems
Contingency
Operational reserve
516,226
261,062
331,649
20,000
20,000
(15,199)
(7,059)
(27,202)
501,027
254.003
304.447
20.000
20,000
55,000
943,000
55,000
(92,000)
1,035,000
2,183.937
(86,460) 2.097,477
General
212,417
2,975,187
{3,135,171)
28,582
81,015
Total Unrestricted funds
2,396,354
2,975.187
(3,135,171)
(57,878) 2,178,492
Total funds
2,406,261
3,126,918
(3,353,687)
2,179,492
Produced by Albert Goodman LLP
Page 32

Lifeworks Charity Limited
Notes to the Financial Statements
For the period 1 April 2023 to 31 August 2024
11
Summary of movement in funds (continued)
The restricted funds are:
Community Projects Development is for the delivery of the Branchline Partnership Project
funded by small grants.
BBC CIN has been received towards the Young Volunteers project to fund a Volunteers
Coordinator, two Young Volunteer Support Workers and funding for recruitment and training.
Forbes donation was received from Forbes for a minibus pick up and drop off service to
support those in rural or areas of deprivation unable to access Lifeworks Community services.
The Small Grant Fund came from DYS Space to support families to connect with local
community activities. educate in healthy eating and provide support for mental wellbeing.
The Clare Milne Trust funding was provided to support disadvantaged college students to
attend a 5 day residential to the Calvert Trust. Lake District, for an activity holiday.
Bailey Thomas funding was received to expand the Lifeworks Community offer to a wider
range of attendees.
The designated funds are:
The Respite Centre designated fund represents the net book value of the freehold property for
the Respite Centre.
The Sesame designated fund represents the net book value of the freehold property for
Sesame.
The Other Fixed Assets designated fund from the general fund represents the net book value
of the other fixed assets held.
The vehicle acquisition fund sets aside funds to fulfil vehicle replacements.
The Operational reserve designated funds sets aside funds which approximate to 4 months
running costs for the charity, as described in the Trustees Report. This ensures that the
Charity will be able to continue to meet liabilities as they fall due. and allow for better financial
planning.
IT Systems and Replacement funds sets aside funds to fulfil capital requirements., i.e.
modernisation of property, and replacements of specialist equipment, vehicles, IT and
furnishings.
The unrestricted general fund consists of funds which the charity may use for its charitable purposes
at its discretion.
Produced by Albert Goodman LLP
Page 33

Lifeworks Charity Limited
Notes to the Financial Statements
For the period 1 April 2023 to 31 August 2024
12
Analysis of assets between funds
l April 2023 - 31 August 2024
Unres-
tricted
1 April 2022 - 31 March 2023
Unres-
Res-
tricted
tricted
Res-tricted
Total
Total
Tangible fixed assets
Current assets
287,014
1,536,112
287,014
1,536,112
1,059,477
1,119,015
1,059,477
1,120,015
1,000
1,823,126
1,823,126
2,178,492
1,000
2,179,492
13
Financial commitments
At 31 August 2024 the charity was committed to making the following future minimum rental
payments under non-cancellable leases as follows:
31 August
2024
31 March
2023
eratin
Premises:
Within one year
2-5 years
Other:
Within one year
2-5 years
leases..
22.469
9,419
35,096
44,515
22.469
Produced by Albert Goodman LLP
Page 34