Registered number: 02918492 Charity number: 1067193 Connex Community Support (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ADHDKISG 0611212024 COMPANIES HOUSE A03
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Connex Community Support IA company limited by guarantee CONTENTS Page Reference and administrative details of the charlty, its Truslees and advisers Trustees. report Trustees, responsibilities statement Independent auditors, report on the financial statements Statement of flnancial a¢tivities 9-11 12 Balance sheet 13 Statemenl of cash flows 14 Not89 to the flnanclal statements 15-30
Connex Community Support (A company Ilmited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mrs T Sullivan, Chair Ms S Gourlay, Vice Chair Mr D H Brindley Dr P E Oavies Iresigned 24 July 2023) Mr S Fussell Mr R Shaw, Treasurer Mr M Starzec Mr A Thompson MrJCWood Mr G A Gorsuch (resigned 29 February 2024) Mrs C Sadler {resigned 11 May 20241 Company regislered number 02918492 Charlty roglslered number 1067193 Registered office 16 Eagle Parade Buxton Derbyshire SK17 6EQ Company secretary Ms G L Geddes Key management personnel G Geddes- Chief Executive A Knirsch - Chief Operating Officer N Warwick Fisher- Dales Services Manager Ilo 31 December 2023) K Shenton - Registered Manager and Joint Head of Care & Support CYP J McDonald - Joint Head of Care & Support CYP C Gregory- Head of Care & Support OA (retired 31 May 2024) H Gunn - Head of Transport H Eskriett - Accounts Manager Independent auditors Bates Weston Audit Ltd Statutory Auditors Chartered Accountants Canal Straet Derby DE12RJ Bankers Santander Bootle L30 4GB Page 1
Connex Community Support (A company limiled by guarantee TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies sel out in note 110 the financial stalements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Slaternenl 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). Objectives and activities Charitable objects The objects of the charily, as sialed in its goveming document are as follows.. To broker. promote and support voluntary work in local organisations {ii) To offer direct seICeS to assist vulnerable people lili) To champion and promote volunteering in the wider community Aims of the charity The overall aim of Connex Community Support is to encourage voluntary activity to support stronger and more cohesive communities, and to provide seNices that enable vulnerable people lo live mor8 independent and fulfilled lives. Our charilable objects have Iwo main benefiGiaries'. individuals who use our direct seTvice5: and voluntary and community groups (and indirectly, their beneficiaries). Through the SeiceS we provide directly to individual beneficiaries, we enable vulnerable people to live more independent and fulfilled lives. Working with individuals, voluntary and community groups. our volunteer brokerage and volunteering development aclivities encourage voluntary activity to support stronger and more cohesive communities. The public benefits identified above are evidenced through.. Reports on performancellevels of service which measure the number of beneficiaries supported and number and nature of inlervention5 provided. Feedback from individual service users, including evaluation of personal outcomeslbenefits, impact and quality of service. Feedback from local voluntary and communFty organisations including outcomes of our intervenlionslsupportlservices, impact on their work, and quality of service. The trustees have paid due regard to Ihe general guidance on public benefit issued by the Charily Commission in deciding what activilie5 the charity should undertake, and when reviewing our aims and objectives in planning future activities. In particular, the trustees Consider how planned activities will contribute lo the aims and objectives they have set. Connex Community Support delivers the following activities to meet these aims.. Volunteer brokerage- supporting people to find a volunteering role Volunteering development supporting voluntary organisalions in the management and support of thelr volunteers Domiciliary care and support for older people Personal care and support in the community for children and adults wilh a disabilily andlor additional support needs Transport lo medical and h05pilal appoinlments and socially therapeutic activities Patient transport & settle on discharge from hospital Home from Hospital support. to assist people after a slay in hospital Page 2
Connex Community Support (A company limited by guarantee TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Befnending, social contact and group activities to help reduce isolation and support independent living Tea, Talk & Tech - digital inclusion support and social contact Wheelchair loans and hearing aid battery distribution Home mainlenance and property clearance services Hoarding clearance seiCe. supporting people wilh a hoarding disorder The Breadline- short-term financial hardship assistance Payroll services for small organisations ACHIEVEMENTS AND PERFORMANCE Overview Connex Community Support is extremely proud of the breadth and quality of Ihe services our slaff and volunteer teams provid8 in the High Peak and Derbyshire Dales, services that help vulnerable people lo live more socially connected lives, with the support they need lo help them Ihrive. In 2023-2024 Connex supported over 3130 people, a 140/0 increase on the previous year. W8 have seen increased demand for Ihe majority of our services. and in particular those services Ihat complement and reduce pressure on statutory health and social care provision in the community. Many of our seNice users fall below the threshold for slatulory social care support, and without the help they receive from Connex. would be at heightened risk of hitting a crisis or being 'forgotlen' in their community. Most of Connex'5 low-level supporl services are provided through the support of volunteers. Our Transport, Befrienoing, Home from Hospital, Readycall. Digital Inclusion, Home Maintenance and Hoarding Clearance services all play their part in helping to keep people socially connected and lo be more confident to retain their independence for longer. Over the past year, our biggest challenge has been in maintaining and growing our volunteer teams for Connex's own services, but also in recruiting volunteers to support the many voluntary organi5ations, activities and causes across the Hi9h Peak and Derbyshire Dales. The number of people coming forward to volunteer has reduced markedly since the high levels seen in response to the Covid pandemic. In the past the 'newly retired, made up the larger part of the nation's volunteer work force. However, more recently, the rising state pension age, financial pressures to work longer, the need to help with caring responsibilities for ageing relatives and grandchildren, have all meant that this pool of potential volunteers has reduced. and has not as yet been countered by an increase in the number of younger people choosing lo volunteer. Despite this trend, our volunleer brokerage seNice introduced 179 new volunteers into a wide range of volunteering roles in the High Peak and Dert)yshire Dales. Connex's CQC registered Care & Support services have been extremely busy. with demand for support outstripping our capacity lo be able to deliver. We are proud of the qualily of care we provide lo people of all ages - our slaff go Ihe extra mile to ensure that our clients receive the support they need and enjoy quality life experiences. Christmas 2023 saw our firsl fully accessible Santa's Grotto, with each audience with Santa tailored lo the specific needs of the child, and the not so young! It was a great success and wè hope Santa will visit us again in December 2024. Our volunteer transport services have been busy too. travelling almost 4 times round the wodd. lo take over 1,000 people to their medical appoinlmenls and therapeutic activities. In a largely rural area, where transport Page 3
Connex Community Support (A company Ilmited by guarantee) TRUSTEES. REPORT ICONTINIIF,n) FOR THE YEAR ENDED 31 MARCH 2024 provision is non-existent or patchy, our volunteer drivers provide a lifeline, and social contact along the way too. Through grant funding from Macmillan Cancer Support, we were able to further subsidise this transporl for people attending courses of ch8molherapy and radioth8rapy. In October 2023, we commenced a 30-monlh contract with Derbyshire County Council to deliver the Access to Health service across Ihe High Peak, Derbyshire Dales and South Dert)yshire. Whilst Connex is the lead organisation for this conlract. we deliver the service in partnership with our colleagues at South Derbyshire CVS (SDCVSI, A5hbourne Community Transport, Bakewell & Eyam Communily Transport, New Mills & District Volunteer Centre and The Bureau in Glossop. It is a great example of collaborative working. In a similar vein, Connex is the delivery partner for the Home from Hospital service in the Dales and High Peak, with SDCVS the lead partner. During the year, the service supported 212 seiCe users by helping them to avoid a stay in hospital. or supporting them after discharge from hospital. The service provides practical help, social contact and signposting io other potential sources of support, with many clients moving on lo Connex's befriending or other services in the longer temi. Our befriending services also had a very busy year, supporting over 260 people with one lo one social cont8¢t, social groups and activities and practical help. Together they provided over 7000 unique support inteNentions. Sadly, funding for both of our befriending services is a challenge. After 12 years of partnership working with Macmillan Cancer Support, changes al strategic level meant that Macmillan's funding ended on 31st March 2024, and our Readycall service faced closure. Al the close of the financial year we were awaiting the outcome of applications lo the National Lottery Community Fund and lo the Sl James's Place Charitable Fund. We have since heard that these applications were successful, and we are delighted that the Readycall service is secureij for the coming 3 years. Our befriending service in Buxton exists on short-tem sporadic funding which leads to ongoing uncertainty and limits service development. We are actively looking al collaborative opportunities to try to sustain the service in the longer term. Our Tea, Talk & Tech project in the Derbyshire Dales also saw significant growth with over 250 service users supported. The project helps older people who are less confident in using digital technology to make the most of their mobile phones, lablels and laptops. In addition to our established 'Tea, Talk & Tech, café held at the Pavilion in Ashboume. we also introduced cafés in Wirksworth and Matlock, as well as providing one-to-one support in peoples, homes. Funding for this project is sadly very short-term, and we are actively trying to secure funding to continue on a longer-lerm basis. Our Property Services, including our specialist Hoarding Clearance service has had a challenging year in a highly competilive market. The team continue to build an excellent reputation for their hoarding clearance work, liaising closely with the client, social workers. housing and environmental health officers to build trust to eventually achieve a sensitive and successful properly clearance and clean. Our property services are charged for, with any surplus being used to support the development of new community support initiatives. Connex Community Svpport is proactive in exploring new ways to respond to the emerging needs of the community. modifying our offers of support as circumstances and the environment change. This means that services may come to a nalural end, as olhers emerge. We said farewell to The Breadline.. the Breadline fund was developed in 2021 in partnership with the 'Buxton Street by Street, team lo help support families in the Buxlon area who were struggling to meet escalating energy costs. In the period April to June 2023, the scheme was able lo distribute short term grants to 71 families, but with funds then exhausled the project closed at the end of June 2023. Page 4
Connex Community Support (A company Ilmited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We also introduced some new initialiv8s. With the support from Buxton based charity. the Hall Bank Trust, we were able lo work with social care and hospital discharge teams to provide and install free key safes to older people in the Buxton area, helping io ensure that carers and family contacts could gain a¢$S to their homes when needed. Again, working Wlth the Hall Bank Trust, we developed a directory of services and local information for older people in the Buxton area lo help them better access what is available. This is an ongoing project, and will be updated and reviewed on an annual basis. We also secured a contract to provide wellbeing support and information lo the residents of the Thomas Fields housing facility in Buxton. Thomas Fields 15 a mix of privately owned and rented properties for people aged 55 and over, with an extra carelreablem8nl facility on the same site. Since the service started in December 2023, our service coordinator has or9anised a varied range of social activities and informative talks, and has glven guidance on a wide variety of issues. Following on from a successful pilot project in 2022123 that helped to reduce winter pressures on the NHS, our 'short-nolice' hospital discharge 'Transport and Settle, service in Ihe High Peak was subsequently re- cornmissioned for the whole of 2023124. This service demon51raled the value of longer-lerm commissioning, giving a service the time to build confidence and Irusl with health professionals and consequently referral numbers have grown month on month. Connex is extremely gratgful to everyone who supports our work, whether that be as a service user, through financial donalions. a legacy gift, pro-bono consullancy, by volunteering with us or by recommending our seNices to others. We thank the following organisalion5 and donors for their valuable financial support during the year.. The Bingham Trust. Derbyshire County Council. Derby & Derbyshire ICB. Hall Bank Tnjst. High Peak Borough Council. Macmillan Cancer Support, National Grid Fuel Poverty Fund, National Lottery Community Fund, Platform Housing, Robert Bowmer Trust and a number of individual donations from members of the public. Staff, Volunteers and Trustees Connex's grealesl asset is our amazing staff and volunteer team. During the past year. over 260 volunteers supported our 5eNices, demonstrating the best of human kindness and an extraordinary commitment. They have given friendship and social contact to those who are lonely and isolated, and have provided essential practical help. Our staff are equally dedicated, often going far beyond what is expected of them. We are very fortunate to benefit from some very experienced and long-serving employees, all of whom bring valuable local knowledge and insights that help make Connex's seNices respond so well to local needs, The national shortage of care staff conbnues to be a challenge and we need more staff to help us to support more clients. We are proud of our care staff team, many of whom have worked for Connex for a long lime and they are dedicated and passionate about Ihe people they care for and support. We never like losing staff, particularly when a seNice is well used and valued, However, the cessation of our Macmillan grant support for our Readycall service al the end of March 2024 sadly meant that we had to make some of the Readycall staff team redundant. We therefore said farewell to Glynis Ainley. Carol Townsend and Peter Mayers. Our Board of Trustees has met throughoul the year, providing valuable support lo the Organisation and to the Chief Executive and the Chief Operating Officer. Paul Davies resigned as a Irustee in July 2023 due to business commitments, and Graham Gofsuch stood Page 5
Connex Community Support (A company limited by guaranteel TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 down in February 2024 due to health issues. Graham very sadly died in August 2024. He will be much missed by the organisation as a whole, as well as by our Befriending seThice, with which Graham also volunteered. Carrie Sad18r also decided lo stand down as a trustee in May 2024, however she continues to volunteer with our Readycall service. FINANCIAL REVIEW The year saw an increase in incoming funds resulting in a small surplus of £10,125 This resulted in overall reserves at 31 March 2024 increasing to £608,846 of which £15,596 is allocated to restricted funds. leaving £593,250 retained as unrestricted funds and designated funds. £301.172 of the unrestricted reserves has been designated for specific items of expenditure leaving available reseNes at 31 March 2024 of £292.078. 11 is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained al a level equivalent to between three and six months, core expenditure. The trustees consider that reseNes at this level will ensure that. in the event of a significant drop in funding, they will be able to continue the charity's current aclivities while consideration is given to ways in which addilional funds may be raised. This level of reserves has been maintained throughout the year. As al 31 March 2024, we had free reserves of £292,078. which satisfies the obligations of the current reserves policy. Risk Management The Trustees recognise Ihe importance of Risk Management within th8 framework of governance and internal ontrol. The Trustees continue to review Ihe major risks to which the charity is exposed and systems have been established to mitigale those risks. A risk management policy has been implemented comprising.. A regular review of systems and procedures to miligale those risks identifies in the review The implemenlalion of procedures designed lo minimise any potential impact on the charity should any of these risks malerialise. These are found In the Business Continuity Plan. Plans for future perlods We will continue to review and modify our longer-temi strategies to ensure that Connex is financially resilient, our seNic8s continue lo be relevant and that the wider public, funders and those that need our help know about us. We will continue lo support vulnerable people in our community, and we will modify and adapt our services as needs change, adapting to the changing environmenl in which we operate. We will continue to lobby for better recognition and recompense for those working in the care industry. We will continue to work with our colleagues in health and social care to explore opportunities for greater collaboration and innovative approaches to the challenges in heallh and social care We will continue to promote volunteering, helping lo recruit volunteers to sustain Connex's own services as well as those across our g80graphical area. We will work with our partners in the High Peak and the Derbyshire Dales Alliances. lo deliver infrastructure support to the wider voluntary sector and strengthen community activity. Structure, governance and management The charity is a company limited by guarantee which re-registered a5 Connex Community Support on 13 December 2018, having been previously registered as Voluntary and Community Services Peaks and Dales. Page 6
Connex Community Support (A company limlted by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The company was established under a Memorandum of Associalion which established the objects and powers of the charitable company and is governed under its Articles of Association. Recruitment and appointment of trustees Under the company's articles. the trustees are known as members of the Management Committee. The members of the Committee are elected for a period of three years after which they musl be re-elected al the next AGM. New trustees are appointed on the basis that they have appropriate skills and knowledge commensurate with Ihe governance of a Charitable Company, and have knowledge and experience relating to the voluntary sector. our service provision, Ihe area of benefit or communities of interest, or have other specific areas of knowledge or experience that have been identified by the Twstee5 as valuable lo the governance of the Charity. The Board of Trustees is periodically subject to a skills audit exercise lo identify training needs and gaps on the Board thal Gan be filled through recruitment. None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and gLJarantee to conlnbute £1 in th8 evenl of a winding UP. Management The trustees delegate a large amount of the day to day decisions involved in the running of the Charity lo the paid staff, and in particular to the Chief Executive. The Chief Executive reports directly to the Board. Decisions that will have a significant financial or operational impact. or that will make significant changes to the way th8 charity is governed and administered are ref8rred to the Board. Meetings The Board meets quarterly, with sub-group specialist meetings scheduled belween the Board meeting dates. These sub-groups provide support lo the Chief Executive, and make best use of the specialist skills our Irustees bring lo the organisalion. Inductlon and training of trustees All Trustees are familiar with the work of the organisation as many have been directly involved through their volunteering work and through quarterly project and service reports. Newly recruited Trustees meet the Chair of the organisalion and attend a short training session with Ihe Chief Execulive and key staff. These sessions include.. Leaming about the organisalion and its aims and objective, finding out about the various projects we run and meeting Ihe slaff involved in Ihese projects Being given a Trustee's task description and the last 2 years. annual reports, including finances. future plans and developments. This information is supported by Ihe Provision of a Trustee Induclion Pack and ongoing information form the Charity Commission, and legal updates Televant to the activities of the charity. Staff remuneration In determining slaff salaries, the Board consider staff remuneration in similar Charities and use these as a benchmark in determining salaries paid within Connex Community Support. Approved by order of the members of Ihe board of Trustees and signed on their behalf by.. Mrs T Sullivan (Chair of Trustees) Dale= 1411012024 Page 7
Connex Community Support (A company Ilmlted by guarantee) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and Uniled Kingdom Accounting Slandards (United Kingdom Generally Accepted Accountin9 Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law. the Trustees must not approve the financial statements unless they are salisfied that they give a true and fair view of the stale of affairs of the charity and of its incoming resource5 and application of resources, including its Income and expenditure, for that period. In preparing these fsnancial statements, the Trustees are required lo.. select suitable accounting policies and then apply them consistently; obseThe the methods and principles of the Charities SORP (FRS 102).. make judgments and accounting estimales that are reasonable and prudent.. state whether applicable UK Accounting Standards IFRS 102) have been followed. subject to any material departures disclosed and explained in the financial slatemenls., prepare the financial stalements on the going concern basis unless il is inapproprlale to presume that the charity will Continue in business. The Trustees ar8 responsibl8 for keeping adequat8 accounting records that are suflicienl to show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Companies A¢1 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 8
Connex Community Support (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONNEX COMMUNITY SUPPORT Opinion We have audited the financial statements of Connex Community Support (the 'charity') for the year ended 31 Mar¢h 2024 which comprise the Slatemenl of financial activities, the Balance sheet, Ihe Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting frarnework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, includin9 Financial Reporting Standard 102 'The Financial Reporling 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 March 2024 and of ils incoming resources and application of resources, including its income arKI expenditure for the year thèn ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the r8quirements of the Companies Act 2006. Basis for opinion We condvcled our audit in accordance with International Standards on Auditing IUKI (ISAS {UK}l and applicable law. Our responsibilities under those standards are further described in the Auditors, 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 lo our audit of the financial statements in the United Kingdom. including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audil evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relallng to going concern In auditing the financial slalemenls, we have Concluded that the Trustees, use of the going concern basis of accounting in the preparats'on of the financial statements is appropriate. Based on the work we have performed, have not identified any material uncertainties relating to event5 or. conditions that. individually or collectively, may Cast significant doubt on the charitable company's ability to onlinue as a going concern for a period of al least twelve months from when the financial slalemenls ar8 authorised for issue. Our responsibilities and the responsibilities of the Trustees wth respect to going concern are described in the relevant sections of this reporl. Other informalion The other information comprises the infomialion included in the Annual report other than the financial stalements and our Auditors, report Ihereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the olher information and, except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion Ihereon. 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 course of the audit, or otherwise appears to be materially misstated. If we identify such malerial inconsistencies or apparent material misslatemenls, we are required lo determine whether this gives rise lo a material misstatement in the financial slalemen15 themselves. If, based on. Ihe 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. Page 9
Connex Community Support IA company Ilmited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONNEX COMMUNITY SUPPORT (CONTINUED) Opinlon on other mattors prescrlbed by the Companies Acl 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees, report for the financial year for which the financial slatements are prepared is consistent with the financial slaternents. the Trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are fequlred to report by exceptlon In the lighl of our knowledge and understanding of the chari13ble company and ils environment obtained in Ihe course of the audit, we have not identified material misstatements in the Trustees, report. We have nothing lo report in respect of the following matters in relation lo which Companies Act 2006 requires us to report to you if, in our opinion-, adequate accounting records have not been kepi. or returns ad8quate 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 audil,. or Ihe Trustees were not enlilled lo prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from Ihe requirement to prepare a Strategic report. Responsibilities of trustees As explained more fully in the Trustees, responsibilities slatemenl. the Trustees {who are also the directors of the charitable company for the purposes of company law) are responsible for the preparalion of the financial statements and for being satisfied Ihal they give a true and fair view, and for such intemal control as the Trustees determine is necessary lo enable the preparation of financial stalemenls that are Iree from material misstatement. whether due lo fraud or error. In preparing the financial statements, the Truslees are responsible for assessing the charitable company's ability to continue as a going concern. disclosing, as applicable. matters related lo going concern and using the going concern basis of accounting unle55 the Trustees either inlend lo liquidate the charitable company or to cease operations, or have no realistic allemalive but to do so. Auditors. responsibilities for the audil of the financial statements Our objectives ar8 to obtain reasonable assurance about whether the financial statements as a whole are free from material misslalement. whether due to fraud or error, and to issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in accordance with ISAS (UK) will always delect a material misslalemenl when il exists. Misslatemenls can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial stalemenls. 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 delecting irregularities, including fraud is detailed below= Based on our understanding of the charity and industry in which it operates. we considered those laws and Page 10
Connex Community Support (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONNEX COMMUNITY SUPPORT {CONTINUED} regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006. Audit procedures perfomied by the engagement team included: Enquiry of management around actual and potential litigation and claims.. Reviewing financial statement disclosures and testing lo supporting documentation to assess compliance with applicable laws and regulations., Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the businèss rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias. Because of the inherent limitations of an audil, there is a risk that we will not delect all irregularities, including Ihose leading to a malerial misstatement in the financial statements or non-compliance wilh regulatson. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularilies occurring due lo fraud rather than error, as fraud involves intentional concealment. for9ery. Collusion. omission or misrepresentation. 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.or .ukJauditorsres onsibilities. This description forms part of our Auditors, report. Use of our report This report Is made solely to the charitable company's Irustees, 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 slate to the charitable company's trustees those matters we are required to stale to them in an Auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Sean Douglass FCA (Senlor statutory auditor) for and on behalf ol Bales Weston Audit Ltd Statutory Auditors Chartered Accountants Canal Street Derby DE1 2RJ Date: 24 October 2024 Page11
Connex Community Support IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Restrl¢ted Unrestricted lunds funds 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Charitable activities Investments Other in¢om8 37,015 85,059 1,763,068 17.600 1,133 122,074 1,763,068 17,600 1,133 127,406 1,539. 744 8,612 19,339 Total income 37,015 1,866,860 1,903,875 1,695,101 Expenditure on: Charitable activities 38,669 1,855,081 1,893,750 1, 7TO,692 Total expenditure 38,669 1,855,081 1.893,750 1, 770,692 Net movement in funds 11.654) 11,779 10,125 (75,597) Reconciliatlon of funds: Total funds brought forward Nel movement in funds 17,250 {1,6541 581,471 11,779 598,721 10,125 674,312 (75,591) Total funds carrled forward 15,596 593,250 608,846 598. 721 The Statemenl of financial activities includes all gains and losses recognised in the year. The notes on pages 15 10 30 form part of these financial stalements. Page12
Connex Community Support (A company lirnited by guarantee) REGISTERED NUMBER: 02918492 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Fixed assets Tangible assets 11,472 11,472 Current assets Debtors Cash al bank and in hand 10 344.339 391,657 229. 078 471,583 735,996 700,661 Creditors: amounts fallin9 due within one year (127,1 $0) (113.412) Net current assets 608,846 587,249 Total assets less current Ilabilities 608,846 598, 721 Total net assets 608,846 598. 721 Charlty funds Restricted funds Unrestricted funds 12 15,596 17,250 Designaled funds General funds 12 12 301,172 292,078 284,865 296. 606 Total unrestricted funds 12 593,250 581,471 Total funds 608,846 598, 721 The enlily was enlilled lo exemplion from audit under section 477 of the Companies Act 2006. The members have not required the entily to obtain an audil for the year in question in accordance with section 476 of the Companies Acl 2006. However, an audit is required in accordance with section 144 of the Charities Act 2011. The Trustees acknowledge Iheir responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial stalements. The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by: Mrs T Sullivan Chair of Trustees Date.. Mr R Shaw Treasurer 1411012024 Page 13
Connex Community Support (A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Note Cash flows from operating activities Net cash used in operating activities 15 (97,899) {83.718) Cash flows from Investlng actlvltles Dividends, Inleresls and rents from investments 17,973 8,672 Net Cash provided by investing activities 17,973 8,612 Change In cash and cash equlvalenls In the year Cash and cash equivalents at the beginning of the year (79,926) 471,583 (75,106) 546,689 Cash and cash equivalents at the end of the year 16 391,657 471.583 The notes on pages 15 to 30 form part of these financial statements Page 14
Connex Community Support (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charitie5 SORP (FRS 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 (FRS 102) (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Connex Community Support 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. 1.2 Company status Connex Community Support is a private Company limited by guarantee incorporated in England and Wa18s. The members of the company are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limiled to £1 per member of the charity. 1.3 Going Goncern At the lime of approving the financial slatemenls, the trustees have a reasonable expectation Ihal the charity has adequate resources to continue in operational exislence for the foreseeable future. Thus the trustees conlinue to adopt the going concern basis of accounting in preparing the financial statements. 1.4 Income All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. Receipt of a legacy is recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally b8 the expected cash amount to be distributed to the charity, can be reliably measured. Grants are included in the Slatemenl of financial activities when the charity has entitlement lo the funds, any perfomiance condition5 attached to the grants have been mel, it is probable Ihal the income will be received and the amount can be measured reliably. Where income is received in advance of entitlemenl of receipt, its recognition is deferred and included in creditors as deferred income. Where enlillemenl occurs before in¢ome is received, the income is accrued. Cash donations are recognised on receipl. Olher donations are recognised once the charily has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donalions received under Gift Aid or deeds of covenant is recognised at the time of the donation. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 15
Connex Community Support IA company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {conlinued) 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligalion can be measured reliably. Expenditure is classified by activity. The cos15 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 activity and support costs which are not altribulable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff cosls are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs, All expenditure is inclusive of irrecoverable VAT. 1.6 Taxation The charlty Is considered lo pass the lesls sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the (lefinition of a charilable company for UK corporation lax purposes. Accordingly, the charity is potentially exempl from taxation in respect of incorne or capital gains received within categories covered by Chapter 3 Part 11 of Ihe Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively lo charitable purposes. 1.7 Tanglble flxed assets and depreciation Tangible fixed assets costing £1,000 or more are capilalised and recognised when future economic benefils are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised al cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged so as to allocate Ihe cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis.. Leasehold improvements Motor vehicles Office equipment Computer equipment over the length of the lease 25 /0 Straight Ilne 250/• straight line 330/0 straight line Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of financial activities. Page 16
Connex Community Support IA company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued 1.8 Debtors Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid. 1.9 Cash at bank and in hand Cash at bank and in hand includes cash and short-lerm highly liquid investrnenls with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.10 Penslons Payments to the defined contributions retirement benefit schemes are charged as an expenses as they fall due. 1.11 Fund accounting General funds are unreslricled funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted lunds that have been set aside by the Trustees for particular purposes. The aim and use of each desi9naled fund is set out in the notes to the financial slatemenls. Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restncted fund is set out in the notes to the financial statements. Page 17
Connex Community Support (A company Ilmited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacles Restricled Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Grant funding for core activities High Peak Borough Council Derbyshire County Council (Infection Control) Derbyshire County Council {Thomas Fields) Derbyshire County Council {Infraslructure) Hall Bank Trust NHS Derby & Derbyshire ICB Robert Bowmer Twst Digital Incluslon SW Main Community Matters Wamier Homes 8,750 8,750 11.788 22.677 10,167 30,236 10,167 30,236 15,840 23,081 15,840 23,081 23.081 10,000 72.216 9.968 11,292 11,292 9,883 9,883 37.015 72,234 109,249 89, 730 Donations and gifts 12,825 12,825 37.676 Total 2024 37,015 85,059 122,074 127.406 Tolal 2023 32,184 95,222 127.406 Page 18
Connex Community Support (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activities Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Transport & Car Scheme Home Maintenance Care (Older People> Care {CYP) Readycall Home from Hospital Other 166,607 76.512 194.534 1,093,009 143.666. 50,406 38.334 166,607 76,512 194,534 1,093,009 143,666 50,406 38,334 129,523 48.795 176,394 879,996 183,452 64, 804 56,780 1,763,068 1,763,068 1,539,744 Tolal 2023 1, 980 1, 537, 764 1, 539, 744 Analysls of oxpéndlture on charltable actlvllles Summary by fund type Reslrlcted Unrestricted 2024 2024 Total 2024 Total 2023 Transport & Car Scheme Home Maintenance Care (Older People> Care (CYP) Handy Van Readycall Home from Hospital Other 197,313 81.320 217,121 1,029,345 197,313 88,589 217,121 1.029,345 161,706 74,899 192, 095 974.959 194 163,038 40,434 223,367 7,269 152.876 46,881 130,225 152,876 46,881 161,625 31.400 38,669 1,855.081 1,893,750 1, 770,692 Total 2023 45,712 1, 724,980 1,770,692 Page 19
Connex Community Support (A company limited by guarantee) NQTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activities Actlvitles undertaken directly 2024 Support cosls 2024 Total funds 2024 Total funds 2023 Transport & Car Scheme Home Maintenance Care (Older People) Care (CYP) Handy Van Readycall Home from Hospital Olher 165,117 76.162 197,948 933.551 32,196 12.427 19,173 95.794 197,313 88,589 217,121 1,029,345 161,706 74,899 192,095 914,959 194 163,038 40,434 223,367 134,592 36.288 42,046 18.284 10,593 119.579 152,876 46,881 161,625 1,585,704 308,046 1,893,750 1,770,692 Total 2023 1,452,789 317,903 1, 770,692 Analysis of direct costs Transport & Home Care (Older Car Scheme Maintenance People) Care (CYPI 2024 2024 2024 2024 Readycall 2024 Staff costs Depreciation Direct project costs Travelling Molor Expenses Training and recruilmenl Volunteer expenses 67,805 4,773 52.768 185,262 887.401 114,712 18,192 1,458 3.744 413 12,246 198 29,209 1,439 16,522 80,024 12,515 27 16,743 1,919 165,117 76.162 197.948 933.551 134,592 Total 2023 137,822 70,386 174, 829 834,609 139,370 Page 20
Connex Community Support (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analy.sis of expendlture by activitles (contlnued) Analysis of direct costs (continued) Home from Hospital 2024 Total funds 2024 rolal funds 2023 Other 2024 Staff costs Depreciation Direct project costs Travelling Motor Expenses Training and recruitment Volunteer expenses 34,954 39,230 1,382,132 4,773 20,357 143,401 16,259 16,770 2,012 1,262,247 5, 728 24,547 96,269 8,863 14,720 40,421 115 2,629 1.313 21 72 36,288 42,046 1,585,704 1.452, 789 Total 2023 34,501 67,272 1,452, 789 Analysis of support costs Total funds 2024 Total funds 2023 Staff costs Depreciation Premises costs Equipment leasing Adminislration costs Subscriptions Bank Charges Bad debts Professional fees Governance costs 172,549 6,699 24,513 4,140 70,508 12,986 1,339 759 4,953 9,600 182.014 13,040 37,656 822 48,387 10,884 1,604 3,332 10,570 9,600 308,046 317,903 Page 21
Connex Community Support (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Audltor$' remuneralSon 2024 2023 Audit fees 7,200 7.200 Fees payable to the ¢haTity's auditor in respect of: Accountancy 2,400 2.400 Staff costs 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 1,410,925 106,029 37,727 1,310,9T4 97,567 35, 714 1,554,681 1.444,255 During the year. the Charity made statutory redundancy payments totaling £9,037 (2023- £NIL). The average number of persons employed by the charity during the year was as follows.. 2024 2023 Employe8S 80 86 No employee received remuneration amounting to more than £60.000 in either year. The remuneration of key management personnel is as follows: Trustees, remuneration and expenses During the year, no Twslees received any remuneration or other benefits {2023 - £NIL). During the year ended 31 March .2024. there were no expenses reimbursed to Trustees (2023 - £39 for mileage lo 1 Trustee). Page 22
Connex Community Support (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Tangible fixed assets Leasehold Improvèment Motor vehicles Office equlpment Computer equipment Total Cost Al 1 April 2023 Disposals 19,583 40,855 1,200 44,359 (10,498) 105,997 (10,498) At 31 March 2024 19.583 40,855 1,200 33,861 95,499 Depreciation Al 1 April 2023 Charge for the year On disposals 19,583 36,082 4,773 1,125 75 37,735 6,624 (10,498) 94,525 11,472 (10,498) Al 31 March 2024 19,583 40,855 1,200 33,861 95.499 Nel book value At 31 March 2024 Al 31 March 2023 4, 773 75 6,624 11,472 10. Debtors 2024 2023 Due within one year Trade debtors Other debtors Prepayments 195,052 140,030 9,257 119.505 98,213 11,360 344,339 229,078 Page 23
Connex Community Support (A company Ilmited by guaranteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. Credltors: Amounts falllng due within one year 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals and d8ferred income 4,182 21,080 5,596 82,554 23,421 5,823 97,906 127,150 113,412 12. Statement of funds Statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expendlture Unrestricted funds Designated funds Donations allocated to be spent next year Contingency fund Unfunded hours Tameside WRRF DCC - Young Connections DCC- Thomas Fields 72.410 190,755 8.500 7,312 5,888 18.227 (19.774) 70,863 214,216 8,500 23,461 17,3121 16621 17,8001 5,226 2.367 10,167 284,865 28,394 (35,5481 23,461 301,172 Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure General funds General Funds 296,606 1,838,466 (1,819,533) (23,461) 292.078 Total Unrestrlcted funds 581,471 1,866,860 (1,855,081) 593,250 Page 24
Connex Community Support IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Statement of funds Icontlnued) Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Restricted funds Digilal Inclusion Robert Bowmer Trust Bingham Trust Befriending Hall Bank Trust Warmer Homes 9,250 7,500 500 11,292 116,952) 17,500) (500) {8,348) {5,369) 3.590 15,840 9,883 7,492 4,514 17,250 37,015 138,669) 15,596 Balance at 31 March 2024 Balanc8 at 1 Aprll 2023 Transfers inlout Income Expendllure Total of funds 598,721 1,903.875 (1,893,750) 608,846 Page 25
Connex Community Support (A company limlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Statement of funds (continued) Restricted Funds Digital Inclusion15 funding for delivery of a dlgital inclusion proleGI in the Derbyshire Da18S. Robert Bowmer Trust has granted funds for the delivery of Connex's Buxlon based Befriending seNice, helping to reduce loneliness and social isolation amongst older people. Bingham Trust Befriending Grant was received lo support transport costs lo enable participation in social activities delivered by the Buxton based Befriending service. Hall Bank Trust has granled funds to support key safe installation services, the befriending service and the development of a guide for older people services in Buxton. The National Grid has granted funds for the delivery of the Warmer Homes project which helps people living in fuel poverty save money by installing energy efficient solutions. Designated Funds Contingency fund is unrestricted funds thal have been set aside lo cover the cost of staff redundancy if the charity was unable to gain the funding required to continue as a going concern. Unfunded hours fund comprises funds set aside lo cover the costs of any staff hours that are not covered by specific grantslservice contract agreements. Donalions allocated to be spent next year are donations from the current year that the charity has designated to spend on certain projects during the next financial year. DCC Youn9 Connections and WRRF Tameside are reslricled fund underspends where funders have permitted their repurposing. DCC Thomas Fields comprises funds to support its residents to maximise their independence and wellbeing. Page 26
Connex Community Support (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Statement of funds (continued Statement of funds - prior year Balance at 31 Mar¢h 2023 Balance at 1 April 2022 Transfers in/out Income Expenditure Unrestricted funds Designated funds Donations allocated to be spent next year Contingency fund Unfunded hours Tameside WRRF DCC - Young Connections 66,975 776,301 12,000 56,038 (50, 603) 72.410 190. 755 8.500 7.312 5,888 14,454 (3,500) 7,312 5, 888 255,276 56,038 (54,103) 27,654 284,865 General funds General Funds 377,038 1.604,899 (1,670,877) (14,454) 296.606 Total Unrestrlcted funds 632,314 1,660,937 (1, 724,980) 13,200 581,471 Restricted funds DCC- Young Connections The National Lottery Community Fund Comic Relief Alan's Fundraising Digital Inclusion WRRF Tameside Foundation Derbyshire Platform Housing for TTT Robert Bowmer Trust Bingham Trust Befriending National Grid 5.888 (5, 888) 11,401 8,791 472 6,134 7,312 2.000 (11, 401) (8, 791) (472) (9,100) 12,216 9,250 (7,312) (2,000) (7,020) (2, 500) (46Q) (9,968) 1,020 10,000 960 9,968 7. 500 500 41,998 34.164 (45,772) (13,200) 17,250 Page 27
Connex Community Support (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Statement of funds (contlnued Balance at 31 March 2023 Balanc8 al 1 April 2022 Transfers in/out Income Expenditure Total of funds 674,312 1,695, 101 (1, 770,692) 598,721 13. Summary of funds Summary of funds - current year Balance at 31 March 2024 Balance al 1 Aprll 2023 Transfers Inlout Income Expendlture Designaled funds General fund5 Restricted funds 284,865 296,606 17,250 28.394 (35,5481 1.838,466 (1,819,533} 37,015 {38,669) 23,461 (23,461) 301.172 292,078 15,596 598,721 1,903,875 (1,893,750) 608,846 Summary of funds - prior year Balance at 31 March 2023 Balance at l Apnl 2022 Transfers in/oul Income Expenditur8 Designated funds General funds Reslricled funds 255,276 377.038 41.998 56,038 (54, 103) 1,604,899 (7,670,877) 34,164 (45, 712) 27,654 (14,454) (13,200) 284, 865 296, 606 17,250 674,312 1,695, 101 (1, 770,692) 598. 721 Page 28
Connex Community Support (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Analysis of net assets between funds Analysis of net assets between funds - current period Restricted Unrestrlcted funds funds 2024 2024 Total funds 2024 Current assets Creditors due within one year 15,596 720,400 735,996 {127,150) (127,150) Total 15,596 593,250 608,846 Analysls of net assets between funds - prlor period Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within on8 year 11,472 11,472 683,411 700,661 (113,412) (113,412) 77,250 Total 17,250 581,471 598,721 15. Rèconciliation of net movement in funds to net Cash flow from operatlng activities 2024 2023 Nel incomelexpenditure for the period (as per Statement of Financial Activities) 10,125 (75, 591) Adjustments for: Depreciation charges Dividends, interests and rents from inveslm8nts Loss on the sale of fixed assets Decreasel(increase} in debtors Increasel(decrease} in creditors 11,472 117,9731 18.768 (8,612) 52 66, 149 (84,484) (115,261 13,738 Net cash used in operating activities (97,899) (83.718) Page 29
Connex Community Support (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Analysls ol cash and Gash equivalents 2024 2023 Cash in hand 391,657 471,583 Total cash and cash equivalents 391,657 471,583 17. Analysls of changes In not debt At 1 April 2023 Cash flows At 31 March 2024 Cash at bank and in hand 471,583 (79,926) 391,657 471,583 179,9261 391,657 18. Pension commltmenls The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independenlly administered fund. The charge lo the profit and loss in respect of the defined contribution scheme was £37,727 12023 £35,714). At 31 March 2024 the charity's pension contributions payable were £5.707 (2023.. £2,649}. which were paid over after the reporting date. 19. Related party transactlons Ouring the prior year, the charity rented office space from from Derbyshire Dales Council for Voluntary Service, a charity in which Ms G L Geddes {Company secretary) is a trustee. The charity no longer uses that venue for room hire {2023= £2,300 rent paid). The charity also received £2,400 from Dert)yshire Dales Council for Voluntary Service for the Go Map project {2023'. £18.108 was received for the Tea. Talk and Tech project). Page 30