REGISTERED COMPANY NUMBER: 03328628 (England and Wales) REGISTERED CHAIUTY NUMBER: 1067428 Report of the Trustees Audited Financial Statements for the Year Ended 31 Mgrch 2024 for Adfam National (A Company Lin)ited by Guarantee) Grant Harrod L¢rnian Davis LLP Chartered Accountants Statutory Auditors 1st Floor Healthaid House Marll)orough Hill Harrow Middlesex HAI IUD
Adfam National Contents of the FinaneiAI Statements for the year ended 31 Marcb 2024 Page Report of the Trustees Report of the Independent Auditors 10 to 13 StY4tement of FinAneial Activitses 14 Balanee Sheet 15 Cash Flow Statement 16 Notes to the Cash Flow Statement 17 Notes to the Financial Statements 18 to 26
Adfam Nation41 Report of the Trustees for the year ended 31 March 2024 Th¢ trustees who are also directors of the ¢harity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities prepaTing their accounts in accordance with the Financial Reporting Standard applicable in the LU( and Republi¢ of Ireland (FRS 102) (effective l January 2019). The Trustees take thi5 opportunity to thank all the donors for their support and financial commitment without which they would be unable to meet their objectives. Page I
Adfam Nation41 Reporf of the Trustees for the year ended 31 March 2024 OBJEcrtVES AND ACTIVITIES Objeetiv¢8 2nd Aims Why We Exist Adfam is the leading families and addiction charity in England. We are here for all the milllons of people aff¢¢ted by someone else's drug or alcohol use, or gambling. These people are children, parents, friends, parniers. siblings, and grandparents. There are over 5 million people in this county negatively affected by the drinking, drug use or gambling of a family member or friend. Coping with someone you love experiencing these problems Can cause physical, mentsl, emotional. social and financial distress. Substance misuse or gambling are often just one part of the story. so many also suffer mental ill health, domesli¢ abuse and financial problems. They are often afraid to speak out, so they are hidden in plain sight, Adfam gives them a voice. We know how hard life can b¢ for these families and we want to make life better for them. Our vision at Adfam is that family members affethd by Substance use or gambling are heard, valued And have acces5 to support- that's why we do what we do lo help. We support anyone afftcted by these problems, from all backgrounds and cultures, What We Do Support familie5 by providing direct servi¢¢s Train the workforce so families can receive expert help Jnfluen¢t decision makers and the public to recogtsise that families need support Give a voice to families: We do this by: Listening to family members and front-line workers so they ¢an tell us what we need to do to influence change Condu¢ting res¢ar¢h $0 all our work is evidence-based Being culturally inclusive to families from all backgrounds What we want for the future We want a society where anyon¢ affected by someone else's sub5tanc¢ use or gambling can Teceive suppoffj feel included, and thrive. Training: We provide ¢apa¢ity building to effect change for practitioners: We do this by: Providing a¢¢redited training Running national online forums which serve as a network for a wide rnnge of professionals from relevant sectors to share and develop good practice Providing a consultancy servi¢e to build the capacity of practitioners to work with families, enabling the development of a family focused approach Provide webinars to schools and organisations We int]uence strategic change: We do this by.. Running Ihought leadership, events on relevanl lopics Supporting volunteers as advocates, giving a voice to family memb¢rlcarers, challenging stigma and r&ising awareness of their needs - Providing a¢¢ess to national policy consultations disseminating policy and good practice briefings Involving volunteers and practition¢TS in qualitativ¢ research Page 2
Adfim National Report of the Trustees for the year ended 31 March 2024 Developing and disseminating materials designed to advocate on behalf for families, for exampl¢, policy briefing5. press and media communications, qualitative research. focus groups, Consultations, surveys. and round table discussions and events - Commissioning and conducting research - Running publi¢ awareness campaigns - Talking to parliamentarians and Government offjcials Public benefit The public benefits from Adfam's services through our direct work ryth vulnerable families and families in isolated, and hard tr) reach communities. Adfam's indirect services influence government policy so that the needs of ihes¢ families and the general public are taken into account IT] national government strategies. Adfam also provides inforniation and the testimonies of families affected by substance use io the niedi4 and to local and national opinion formers. Page 3
Adfam N*tional Report of the Trustees for the year ended 31 March 2024 STRATEGIC REPORT Achievement and performance Charitable aetivities Adfam's achievements include.. We continue to develop the reach of our online one-tfrone and facilitated peer support groups for families: Adfam@Home. We have re¢¢ived funding from the Arn)ed Forces Covenant Trust and the Veterans Foundation to deliver Adfam@Home for military veterans, families. We work with CGL to provide Adfam@Hom¢ in Gateshead &8 well as The City Bridge Foundation, to deliver the Adfam@Home ¢ounselling service in London. We have received funding from.. Change Grow Live - Gateshead City Bridge Foundation Essex PFCC Essex Community Foundation Fowler Smith and Jones (FSJ) Trust Lancashire County Counctl London Borough of Lambeth Martin Geddes Charitsble Trust Midlands Partnership NHS Foundation Trust- 1797797 Sidney Ivor Luck Counselling Trust The Armed Forc¢s Covenant Fund Tnt The Fonvard TNst The National Lottery Community Fund The Veterans, Foundation The VintJ)ers' Company We have grown our reach and dlrect work. During this financial year. we li&ve Family Support Co-ordinators delivering direct work with families in Buckinghamshire and East Sussex. We continue to have a successful relationship with local authorities. We continued to be funded to work with NHS In¢lusion to embed family work within their treatment services in Buckinghamshire. We also secured fundlng from East Sussex to deliver a family support service. Cambridgeshire Community Foundation/ Harry Cureton Fund Changing Lives Collective Voice East Sussex County Council L4)ndon Joint Working Group on Hep C Midlands Parthership NHS Foundation Trnst - 16275211nclusion The Annie Tranmer Charitable Trusl The Earl Fitzwilliam Charitsble Trust The Jack Brunton Charitable Trust The Simon Gibson Charitsble Trust We set up a Lived Experience Advisory Group, bringing together a group of family members to act as a sounding board for Adfam's strategy and activities, chaired by one of Adfam's trustees. We continue to lead on the Alcohol and Families Alliance and the Alliance of Family Support Group5. We worked with Nexus Futures, who provide pro bono suppor¢ to help u5 refresh our resources and develop our marketing opportunities. In 2023-24, we a¢hAev¢d.. launched our 40th birthday campaign to ra15e awareness and in¢rrase donation continued to lead the Alcohol and Families Alliance, and the Alliance of Family Support Group5, holding all member meetings and initiating research into non41ependent drinking and couple conllict. - produced reports on: - Our Impact Report Page 4
Adfam National Report of the Trustees for the year ended 31 Marcb 2024 - Families and the Cost of Living Crisis - Alcohol and Intimate Partner Relationships, foi the Alcohol and Families Alliance - The Stst¢ of the Family Support Sector - met key Government officials to promote our cause continued to hosi our online sUPPOrt forum, delivered our accredited training courses, via Zoom, to prdctitioners working with families affected by substance use across the county and developed new topics. held 12 fornms for practitioners,. these forums include presentations on researc and on good practice. We ollaborated with partners in Wales lo hold the Wales Families Forums. Our reach this year: Social media 7,022 followers on X 1,899 followers on Facebook 1.560 Instagram follower5 554 LinkedIn followers 2,712 SUbrIber5 to receive our newsletter and other updates Websile New users: 214,175 41,663 views were made to Adfam's 'Finding Support, page Training and Forums 57 days training. which had 475 participants in total 14 forums or other online events took place such as Roundtables. 563 registered to attend these events. We are grateful to the follomqng funders for their continued support: Cambridgeshire Community Foundatio1 Harry Cureton Fund Change Grow Live- Gate5h¢ad Changing Lives City Bridge Foundation Collective Voice East Sussex County Council Essex PFCC Essex Community Foundation FowleT Smith and Jones (FSJ) Trust Lancashire County Council London Borough of Lambeth London Joint Working Group on Hep C Martin Gedd¢s Charitable Trust Midlands Partnership NHS Foundation Trust - 1627521 Inclusion Midlands Partnership NHS Foundation Trust - 1797797 Sidney Ivor Luck Coun5elling Trust Thc Amiie Travmer Charitsble Trust The Amied Forces Covenant Fund Trust The Earl Fitzwilliam Charitable Trust The Forward Trust The Jack Brunton Charitable Trust The National Lottery Communtty Fund The Simon Gibson Charitable Trust The Veterans. Foundation The Vintners, Company Page 5
Adfam Iyational Report of the Trustees for the year ended 31 March 2024 STRATEGIC REPORT Financial review Fioan¢iAI review Review of Adfsrn National'$ ye&r-eDd financial position Our in¢orne ftir the year was £650,123, which is an increase from the previous y¢ar (£463,965). Expenditure also increased from £597,782 to £678,283. This produced a net incornel(expenditure) position for the year at (£28,160) compared to {£133,817) for the previous year.we continue to keep our income and expenditure under Teview. Reserves policy The Trustses have establish¢d a policy whereby the unrestricted funds not Committed or invested in tangible fixed assets ("the fr¢e res¢r¥es") held by the charity should be equal to 3 months of unrestricted operating expenditure. which equated to £40,000 in general fvnds. At this level the Trustees feel that they would be able to continue the currens activities of the ¢harity in the event of a significant drop in funding. It would obviously be necessary to consider how the fiinding would be replaced or activities changed. The Management Committee has examined the charity's requirements for reserve5 in light of the main risks to the organisation. The present level of reserves available to the chaTity met the target level. Although the stralegy is to wnlinue to build reserves through planned operating surpluses, the Management Committee has also ¢onsidered the extent to which existing activitle5 Can be rationalised, should such ¢ircumstances arise. STRiJcfuRE, GOVERNANCE AND MANAGEMENr Governing document Adfam Nalional is a charitsble company (trading and widety known as Adfam) limited by guarantee and governed by its memorandum and article5 Of association. The company was incoTporated on 28 February 1997 and register as a charity on 14 January 1998. In the evenl of the company being wound up members are required to contribute an amount not exceeding £1. The directors of ihe ¢haritable company are its trustees for the purpose of charity law and throughout this report are ¢olle¢tively referred to the trustees. Under the articles of association the board of trustees appoint new Irustees, who are required to stand for re-election at the next Annual General Meeting. One third of the existing trustees are required to stand for re<le¢tion at the same meeting. The board of Trustees, chaired by Paul Hayes, meet 4 times per annum and fo¢uses on strategic, policy and finance issues. Daily management of the organisation is delegated to the ChiefEx¢cutive. Retrnitment and appointment of new trnst¢¢s Away days for Board memb¢rs are held on an annual basis, when the overall strntegy for the organisation is Teviewed and agreed. Organisation#l strurture In order to achieve our objectives, Adfam maintains a flexible statrmg structure, allowing us to recruit new staff as demand and funding allows. Our emphasis on internal consultation allows us to use the strengths of our entir¢ staff. Our Senior Management Team (SMT). which currenily ¢onsists of the Directors of Finance & Administration, and Programmes, the Director of Services. plus the Chief Executive. reports to the Trustees. Induction and training of new trustees New Trustees are offered an orientstion day to brief them on their legal obligations undeT ¢harity and company law. the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent finan¢ial perfonnan¢¢ of the charity. Trustees receive a copy of Adfam's Governance manual, policies and procedures. New Tntee5 also meet Adfam team members. They are invited and encouraged to attend Adfarn evenls as well as visit Adfam projects. Page 6
Adfam Nation41 Report of the Trustees for the year ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Related partie5 Adfam supports government inttiatives thal reflect a measured, realistic approach to the issues of drugs and alcohol where they affect families and communities. Adfam believes in the need for families to have support in their own right. There have been significant changes in the substance misuse field since Adfam was founded. reflected in Goven)m¢nt strategies and policies. Adfam reflects these changes in its strategy. Adfam still relies heavily on Trust and Foundation funding, for which competition is acute. Adfam continues to seek contracts with local authorities and partners in the thgIal¢oh0l treatment sector, to deliver Adfam@Home Adfam continues to have an important role in supporting voluntary community groups to build their ¢apa¢ity and to help ensure that they Continue to support families at local level. This is even more important in a Climate of financial cuts as local family support groups are finding survival more difficult. We recolise there is potential for moTe lobbying work in order to ¢nsure strategy is translated into practice. W¢ continue to work on strengthening our policy, parliamentary influencing and communications activities. We have developed a network of advocates - family members with lived exp¢ri¢n¢¢, who give us valuable inforn)ation to infom our strateg1¢ direction, and take part in our debates and conferences. Adfam strongly believes in collaborative working and actively parti¢ipat¢$ in the activities of a variety of mernbership organisations. networking forums and advisory groups. We deliver the Alcohol and Families Alliance, which attracts membership from organisations acr055 th¢ substance misuse, families and children's sectors, and the Alliance of Family Support Groups. We are members of the Kin Care Allian¢e and the Colleclive Voi¢¢ Strategic Group. We contribut¢ to national advisory groups which are led by government and by academic institutions. Risk management The Trustees cary out a regular review of the external risks which the ¢harity may face. Significant external risk5 to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Int¢rnal risks are minimised by the implementation of procedures for authorisation of all transactions and projects. We have developed protocols and policies to ensure consistent quality of delivery of all operational aspects of the charity. These proceduTes are periodically reviewed to ensure that ihey still meet the need5 Of the Charity. Proc¢dures are in place to ensure compliance with health and safety of staff, volunteers: clients and visitors in the workplace. We have both adult and children's safeguarding policies in place. All staff. regardless of role, are DBS che¢ked. A risk &8sessment to ¢nable decisions about possible corporate sponsorship has been developed. Plans for Future Periods Review of the activities and futUTe developments Adfam has worked with families affected by dTug use since 1984. when it was established by the mother of a heroin user who was unable to find support for herself. Since then it has developed a reputation as leader in the field of substance relatsd family work. Our status consolidates our experience and our reputation. Adfam acts as a netsvorking organisation for local providers. commissioners, and family members themselves, via its web51te. newsletters, forums. advocacy programmes. direct work, inforn)ation leaflets and telephone contacts. Adfam is in touch with over 2.500 supporters who attend our consultation events, re¢¢ive our policy briefings, and respond to our requests tsr infonnation about our future strategy and activities. We will continue to bid for innovative projects and conduct research, which will continue to endorse our position as the leading charity for families affected by addition. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03328628 (England and Wales) Page 7
Adf¥m N#tlonal Report of the Tru5tee$ for the year ended 31 Mareh 21124 Registered Charity number 1067428 Registered office 27 Swinton Street London WCIX 9NW Trnstees J W Annslrong S L Hayward OBE K C Parrett (resigned 28.6.2023) F T Duhig (resigned 27.3.2024) D Wightman {resigned 25.9.2024) E Kaner (restgned i 8.9.2023) M Durle M Guymer P J Hayes Company Srelary O Arnin Auditor5 GraTrt Harrod Lern)an Davis LLP Chartered A¢¢ountants Statutory Auditors 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD STATEMEIYT OF TRUSTEES, RESPONSIBILITIES The Irustees (who are also the directors of Adfam National for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in a¢cordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stst¢ of affairs of the charitable company and of the incoming resources and application of resources, including the income and exp¢nditt]re, of the ¢haritable company for that period. In pparing those financial statements, the Irustees are required to select suilable accounting policies and then apply them consistently; observe the methods and principles in lh¢ Charity SORP. make judgements and estimates that are reasonable and prudenl. prepare the financial statements on the going concern b&sis unless it is inappropriate to presume that the charilable mpany will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial posvtion of the charitable ¢ompany and to enable them to ensure that the financial sts*ments 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 trregularities. In so far as the trustees are aware: there is no relevant audit infoTmation of which the charitsble companys auditors are unaware: and the trustees have tsken all steps that they ought to have taken to make ihemselves amryre of any relevant audil inforniaiion and to establish that the auditors are aware of thal inforniation. Page 8
Adfam National Report of the Trnstees for the year ended 31 Marcb 2024 STATEMENT OF TRUSTEESI RESPONSIBILITIES- continued Chief Executfve Vivienne Evans OBE (noll trustse) AiJDITORS The auditors, Grant Harrod Lern]aD Davis LLP. will b¢ proposed for re-appointment at the fortbcoming Anllll GeneTal Meeting. Report of the trwte directors, on .... oOratIllg a strategic reporL approved by order of the board of trustses, &$ the company . and signed on th¢ board's behalf by: (L PJHaye5-T t¢e Page 9
Report of the Independent Auditors to the Members of Adfam National Opinion We have audited the finanGial statements of Adfam National (the '¢haritable company,) for the year ended 31 March 2024 which comprise the Sratement of Financial A¢tivities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a siimmary of significant accounting policies. The financial reporting framework that has been applied in their preparation i5 applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice). In our opinion the financial statements.. giv¢ a true and fair view of the state of the charitable wmpanys affaiT5 as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended- have been properly prepared in a¢cordance with United Kingdom Generally Accepted A¢¢ounling Practice. and have been prepared in a¢¢ordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in a¢¢ordance with Inlcrnational Standards on Auditing {UK) (ISAS (UK)) and applicable law. Our responslbilities under those standards are fvrther des¢ribed in the Auditors, responsibilities for the audit of the financial statements section of our report. W¢ are independent of the ¢haritsble company in a¢¢ordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Stahdard. and we have fulfilled our other ethical responsibilities in accordanGe with these requirements. We believe that the audit evidenc¢ we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going coneern In auditing the financial ststements, we have concluded thai the trustees, use of the going ¢on¢¢rn basis of a¢¢ounting in the preparation of the finaTJcial statements is appropriate. Based on the work we have perfonned, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may Qast significant doubt on the charitable company's ability to continue a5 a going concern for a period of at least twelve months from when the financial statements are authorised for issu¢. Our responsibilities and the responsibilities of the trusiees with respect to going concem are described in the relevant seclions of this report. Other informAtioD The Irusiees are responsible for the other inforn]ation. The other infonnation comprises the infornthtion included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any forn] of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other infomiation and, in doing so, ¢onsider whether the other info]Ination is materially inconsistent with the fman¢ial statements OT our knowledge obiained in the audit or otherwise appears to be materially misstated. If we identify su¢h material inconsistencies or apparent malerial misstatements, we are requlred io d¢tem)ine whether this gives rise to a material misstatemenl in the finan¢Aal statem¢nts themselves. If, based on the work we have perfornied, we conclude that there is a material misstatement of this other infonnation, we ar¢ required io report that fart. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the ¢ourse of the audit- the inforniation given in the Report of the Trustees for the financial year for which the financial statements are pr¢pared is consistent with the financial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Page 10
Report of th¢ Independent Auditors to the Members of Adfam National Matters on which we ?re Tequired to report by exeeption In Ih¢ light of the knowledge and understanding of ihe charitable company and its environment obtained in the course of the audit, we have not identified Tnaterial misslatements in the Report of the Trustees. We have noihing to report in resp¢¢t of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting rewrds have not been kept or retun adequate for our audit have not been received from branches not visited by us. or the fUncl81 statement5 arc not in agreement with the accounting records and reM5. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the inforniation and explanations we requirc for our audit. Ruponsibilities of truslees As explained more fully in the Statement of Truslees. Responsibilities, the tru5tee5 (who are also the directors of the tharitable company for the purposes of company laiv) aTe respon5ibl¢ 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 deterniine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slatements, the trnstees ar¢ responsible for assessing the charitable company's ability to continue as a going concern, disc105ing, as applicable, matter$ related to going ¢oncern and using the going concern basis of accounting unless the trustees either infrnd to liquidaie the charitable company OT to cease operation5. or have no realistic alternative but to do 50. Pagell
Report of the Independent Auditors to lh¢ Members of Adfam Nationgl Our responsibilities for the audit of the finincial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to frdud or error, and to issue a Report of the Independent Auditors thal 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 aggregat¢. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedu$ are capable of detecting irregularities, including fraud is detailed below: To identify risks of material misstatement due to fraud ("fraud risks.) we assessed events or condTtions that could indicate an in¢enfive or pressure to commit fraud or provide an opportunity to commit fraud. Our risk assessment pro¢edures included: Enquiring of trustees and inspection of policy documentation as to th¢ Charity's high-level policies and procedures to prcvent and detect fraud, as well as whether they have knowledge of any actual, suspected or alleged fraud. - Reading Board minutes. Using analylical procedures to identify any unusual or unexpected relationships We communicated identified fraud risks throughout the audit team and remained alert to any indications of fraud throughout the audit. As required by audiling standards, we perforni procedures to address the risk of management ovettlde of controls, in particular the risk that management may be in a position to make inappropriate accounting entries. On this audit we do not believ¢ there is a fraud risk related to revenue recognition because the Charity's revenue transactions are simple and low value with few, if any. judgmental aspects to r¢venue re¢01t]0n. We are not aware of any incentives or pressures linked to r¢v¢nue recognition. We did not identify any additional fraud risks. In delennining the audit procedurc5, we look into account the results of our evaluation and testing of the operating effectiveness of fraud risk management control5. We also perfornied procedures including identifying journal entries and other adjustments to test based on risk criteria and ¢ornparing the identified entries to SllPPOrting documentation. These included those posted to unusual a¢counts. Identifying and responding to risks of maria] misslatement due to non-compliance with laws and regulations. We identified areas of laws and regulations that could reasonably be exp¢¢ted to have a material effect on ihe financial stat¢m¢nts from our general commercial and sector experience, and through discussion with the dire¢lors and oth¢T management {as required by auditing standards), and discussed with the dtrector5 and other management the policies and pro¢edures regarding Compliance with laws and regulations. We communicated identifjed laws and regulations throughout our team and remained alert to any indications of non-complian¢¢ throughoul the audit, Context of th¢ ability of the audit to delect fraud or breaches of law or r¢gulation. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some rnaterial misstatements in the financial statement5, even though we have properly planned and perfornied our audit in accordance th auditing standards. For example, the furth¢r removed nonomplian¢e with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the iTtherently limited procedures required by auditing standards would identify it. In addition, as with any audiL there remained a higher risk of non-d¢te¢tion of fraud, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of iDt¢mal controls. Our audit procedures are designed to detect material misstatement. We are not responsibl¢ for preventing non4ompliance or frdud and cannot be exCted to detect non-compliance with all laws and regulations Page 12
Report of tbe Independent Auditors to the Members of Adfam IYation*l A further description of our responsibilities for ihe audit of the financial statements is located the Finan¢ial Reporting Council's website at Mvw.fr¢.org.uklauditorsresponsTbilities. This des¢ription fonns part of our Report of the Independent Auditors. Use of our report This report is rnade solely to the charitsble company's members, as a body, in accordance with Chapter 3 of Part 16 of th¢ Companies Act 2006. Our audit work has been undertaken so that we might state to the charitsble company's members those matters we are required lo state to them in an auditors. report and for no other purpose. To the fullesÈ tent perniitted by law, we do not accept or assume responsibility to anyone other than the charitable Company and the charitable ¢ompany's members a body, for our audit work. for this report, or for the opinions we have fomied. Jeremy Harrod FCCA (Senior Statutory Auditor) for and on behalf of Grant Harrod Lernian Davis LLP Chart¢r¢d Accountants statOry Auditors 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD Page 13
Adfam National Statement of Finaneial Activities for the year ended 31 March 2024 2024 Total funds 2023 Tolal funds Unrestricted nd Restricted funds Noles INCOME AND ENDOWMENTS FROM Donations and legacies 16,036 16,036 12,203 Charitable *clivities Discrete Projects 573.364 573,364 430,218 Other trading activiti¢s Investment in¢oTne 57.777 2,946 57,777 2.946 20,229 1.315 Total 76,759 573,364 650,123 463,965 EXPENDITURE ON Raising fvnds 25230 25,230 18.066 Charitable activities Discrete Projects 76,849 570,704 647.553 574.216 Other 5,500 5,500 5,500 Total 107,579 570.704 678,283 597,782 NET INCOME/(EXPENDITURE) (30,820) 2,660 (28,160) (133,817) RECONCILIATION OF FUNDS Totsl funds brought forward 88,175 15,836 104,011 237.828 TOTAL FUNDS CARIUED FORWARD 57,355 18.496 75.851 104,011 The notes forni part of these financial statements Page 14
Adfam Natfional Balance Sheet 31 March 2024 2024 Totsl fun(L8 2023 Tothl fi]nds UDT¢striGted Restricted funds Notes FIXED A&SETS tangible assets Tangible Sets 13 14 17,954 5,465 17.954 5,465 18,262 7,652 23,419 23,419 25,914 CURRENT ASSETS Debtors Cash at bank 15 72,643 155,772 72,643 174,268 35,055 165,657 18,496 228,415 18,496 246,911 200,712 CREDTTOILS Amounts falling due within one year 16 (194,479) (194.479) (122,615) NET CtIRRENT ASSETS 33,936 18.496 52,432 78,097 TOTAL ASSETS LESS CURRENT LIABILITIES 57,355 18,496 75,851 104,011 ET ASSETS 57.355 18,496 75.851 104.011 17 Unrestricted fimds Restricted fimds 57.355 18,496 88,175 15,836 TOTAL FUNDS 75,851 104,011 statements were approved by the Board of Tnjstees and authorised for issue and were signed on its behalf by: on PJHayes- t¢¢ M Durie - Trustee The notss forni part of these financial statements Page 15
Adfam National Cash Flow Statement for the year ended 31 March 2024 2024 2023 Noies Cash flows from operating aetivities Cash generated from operations 9,978 (151,609) Net cash providcd byl(used in) operating activities 9,978 (151,609) Cash flows from investing activitie5 Purchase of intangible fixed assets Purchase of tangible fixed assets Interest received (4,313) (20,228) (7,441) 1,315 2,946 Net cash used in investing activities (1.367) (26,354) Change in cAsh and cgsb equivilents in the reporting period Cash and cash equivalents sl lh¢ beginning of the reporting period 8.611 (177,963) 165,657 343,620 Cgsh And ca5b equivalents al the end of the reporting period 174,268 165,657 The notes forn) part of these financial ststements Page 16
Adfam National No¢es to the Cash Flow St4tement for the yethr ended 31 March 2024 RECONCJLIATION OF IYET ExPENDvRE TO NET CASH FLOW FROM OPERATING AcfMTJES 2024 2023 Net expenditure for the reporting period (as per the Statement of Fin#ncig1 Activities) Adjustments for: D¢pre¢iation charges Interest received (IncreaseYde¢r¢ase in debtors Increasel(decr¢ase) in creditors (28,160) (133,817) 6.808 (2,946} (37,588} 71,864 3,792 (1,315) 30,086 {50,355) Net cash provided byl(used in) operations 9,978 (151,609) ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank 165,657 8,611 174.268 165,657 8,611 174,268 Total 165,657 8,611 174,268 The notes fonn part of these financial stat¢ments Page 17
Adfam N#tiong1 Noles to the Finanrial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial ststements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to ¢h#rities preparing their a¢¢ounts in aGcordan¢e with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (¢ffe¢tive l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial slat¢ments have been prepared under ihe histori¢al cost convention. Income All in¢ome is recognised in the Ststement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount Can be measured reliably. Expendlture Liabilities are re¢ognised as expenditure a5 500n as there is a legal or constructive obligation committing the charity lo that expenditure, it is probable that a transfer of economic benefit5 will be required in settlement and the amount of th¢ obligation can be measured reliably. Expenditure is a¢¢ounted for on all accruals basis and has been elassified under headings thai aggregate aIl cosi relaled to the category. Where costs cannoi be directly attribut to particular heading5 Ihey have been allocated to activities on a basis consistent with the use of resources. Allocation and apportionmenl of Costs Dir¢¢t costs incurred in comiection with a particular project are allocated to that particular project. Fundraising and publi¢ity costs comprise cosls incurred with raising voluntary contribulions. General and overhead Costs whA¢h are not specific to Management and Administration, Fundraising d Publicity, or Direct Charitable aclivitie5 are allocaled as Support Costs to these headings. Th¢ basis of allocation is on an analysis of ihe resour¢es utilised by each of these a¢tivities. Support costs are those costs whi¢h enable thnd generating and charitable activities to be undertaken. Support ¢osts ¢alculated as 15 % of ihe total cost of resources expended. Tangible fixed 4$sets Depreciation is provided at the following annual rates in order to lte off each asset over its estimated useful life. Computer equipment 200/0 on cost T*xAtion The charity 15 exempt from corporation tax on its charitable activities. Fund accounting Unrestrided funds c8n be used in a¢¢ordance with the charltable objectives at the discretion of the trustees. Restricted funds only be used for particular reslri¢ted purposes within th¢ objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular reslri¢ted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the fmanGial ststements. Page 18 continued...
Adfam Natiottal Iyotes to the Financial Staternents- continued for the year ended 31 Marcb 21124 DONATIONS AND LEGACIES 2024 2023 Donations 16,036 12.203 OTHER TRADING ACTIVITIES 2024 2023 A¢tivitie5 for generating fiJnds Other income 57,777 18,839 1,390 57.777 20.229 INVESTMENT INCOME 2024 2023 Deposit account interest 2,946 1,315 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Athivity Discrete Projects Grants 573,364 430.218 Grants received, included in the above, are as follows.. 2024 2023 Awards For All City Bridge IK)ndon Joint Working Group on Hep C Essex PFCC Midlands Partnership NHS Foundation- Inclusion The Dulverton Trust East Sussex County Council Sidney Ivor Luck Counselling Trust Cambridgeshire Community Foundation Naiional Community Lottery Fund Charities Aid Foundation Two Ridings Community Foundation Changin¥ Lives Bracknell Forest Council ComTnuniti' Fund Big Lottery Garfield Weston Foundation Lallcashire County Council North Yorkshire PFCC The Veternns Foundation 10,000 15,950 171,500 14.000 48,625 71,500 20,000 16,278 106.855 5,000 10,000 29,925 17,610 15,566 22,303 7.200 38299 20.000 1,000 2.303 2,500 5.878 99,544 12,000 69291 17,353 20,647 17,627 TIDES Change GTOW Live - Gateshead London Borough of Lambetli Martin Geddes Charitable Trust Sydncy Ivor Luck Counselling Trust The Amied Forces Covenant Fund Trust 2,000 20,000 10,000 10,000 9,097 Carried forward 537,634 402.217 Page 19 continued...
Adfam NgtionAI Not¢s to the Fin#ncial StAtements- continued for the year ended 31 Mareh 2024 INCOME FROM CHARITABLE ACTIVITIES - continued 2024 2023 Brought ftirward The Fon¥ard Trust The Jack Brunton Charitsble Trust The Simon Gibson Charitable Trust The Vintners Company Self Generated 537,634 20,000 2,000 5,000 5.000 3,730 402.217 573,364 402,217 iL41SING FUIYDS Other trgding Sictivities 2024 2023 Costs of generating funds 25,230 18,066 CHAIUTABLE ACTIVITIES COSTS Direct Costs Discrete Projects 647,553 SUPPORT COSTS Governance Costs Other Tesources expended 5,500 Support costs, included in the above, are as follows: Governante Costs 2024 Other resources ¢xpended 2023 Total activities Auditors, remuneration Auditors, remuneration ftir non &udit work 2,400 3,100 2.400 3,100 5,500 5,500 Page 20 ¢ontinu¢d...
Adfam National Notes to the FiDaneial Statements- continued for the year ¢Dded 31 March 2024 NET INCOMEI(EXPENDJTURE} Net income/{expenditure) is stated after chargingl(¢rediting): 2024 2023 Auditors, remuneration Auditors, remuneration for non audil work Depreciation - owned assets Computer software amortisation 2,400 3,100 2,187 4.621 2,400 3,100 1,826 1,966 10. TRUSTEES, REMUNEIL4TION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 Mar¢h 2024 nor for the year ended 31 March 2023. ii. srAFF COSTS 2024 2023 Wages and salaries 381,471 170,917 381.471 170,917 The averdge monthly number of employees during the year was as follows: 2024 20 2023 18 Charitable operations The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 2023 £60,001- £70.000 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIvITIES Unrestricted fund Restricted funds Toial funds INCOME AND ENDOWMENTS FROM Donations and legacies 12,203 12,203 Charitsble a¢tivities Discrete Project5 28,001 402,217 430,218 Other trading activities Investhent income 20.229 1,315 20.229 1,315 TotAI 61.748 402.217 463,965 EXPENDITURE ON Raising fidS 18,066 18.066 Page 21 ontinued...
Adfam N¥tion21 Notes to the Financial Statements- continued for the year ended 31 March 2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - eontinued Unrestricted Restricted fund funds Total nds Ch4ritable activities Discrete Projects 74,584 499,632 574.216 Other 5.500 5,500 Total 98,150 499,632 597,782 NET INCOMEI(EXPENDITURE) (36.402} (97,415) {133,817) RECONCILJATION OF FUNDS Total funds bTought fonward 124,577 113,251 237.828 TOTAL FUNDS CARRIED FORWARD 88,175 15,836 104,011 13. INTANGIBLE FIXED ASSETS Computer software COST At I April 2023 Additions 20,228 4.313 Ai 31 March 2024 24.541 AMORTISATION At l April 2023 Charge for year 1,966 4,621 At 31 March 2024 6,587 NET BOOK VALUE At 31 March 2024 17,954 At 31 March 2023 18,262 Page 22 conlinued...
Adfam National Notes to the Financial St#tem¢nts- continued for the year ended 31 March 2024 14, TANGIBLE FIXED ASSETS Compul¢r equipment COST At l April 2023 and 31 March 2024 25,559 DEPRECIATION At l April 2023 Charge for year 17.907 2,187 At 31 March 2024 20,094 NET BOOK VALUE At 31 March 2024 5.465 At 31 Mar¢h 2023 7,652 15. DEBTORS: AMOUNI3 FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debiors Prepayments and accrned in¢ome 57,107 15,536 26,727 8,328 72,643 35,055 16. CREDrroRS: AMOUNTS FALLING DUE WTTHIN ONE YEAR 2024 2023 Trade creditors Social security and other taxes Other Creditors Accruals and deferred incorne 24.677 7,322 5,723 84,893 8,564 5,581 180,334 194.479 122,615 17. MOVEME IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 88,175 (30,820) 57.355 Re5tri¢ted funds Discret¢ Projects 2,660 18,496 TOTAL FUNDS 104,011 (28.160) 75,851 Page 23 conlinu¢d.,.
Adfam N*tion¥l Notes to the Fin&ncial St¥tements- continued for the year ended 31 March 2024 17. MOVEMENT IN FUNDS- tontinued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in fimds Unrestricted funds General fund 76,759 (107,579) (30,820) Restricted funds Discrete Project5 573,364 (570,704} 2,660 TOTAL FUNDS 650,123 (678,283) (28,160) Comparatives for movement in fund8 Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 124,577 (36,402) 88,175 Restricted funds Discrete Projects 113,251 (97,415) 15,836 TOTAL FUNDS 237,828 (133.817) 104.011 Compardtive net movement in fvnd5, included in the above are as follows: Incoming resources Resources expended Movement in fimds Unrestrieted funds General fund 61.748 {98,150} (36,402) Restricted fund$ Dis¢rete Projects 402,217 (499,632) (97,415} TOTAL FUNDS 463,965 (597,782) (133,817) Page 24 continued...
Adfam National Notes lo the Financial Statements - continued for the ye#r ended 31 March 2024 17. MOVEMENf IN FUNDS - tontinued A cuffent year 12 months and prior year 12 months wmbined position is as follows: Net movernent in fvnds At 31.3.24 At 1.4.22 Unrestrieted funds General fund 124,577 {67,222} 57,355 Restricted funds Discrete Projects 113,251 (94,755) 18,496 TOTAL FUNDS 237,828 (161,977) 75,851 A current year 12 months and prior year 12 months combined net movement in fiinds, included in the above as follows- Incoming resources Resources expended Movement in funds Unrestricted fun(Ls General fund 138,507 (205,729) (67.222) Restricted funds Discrete PrOjts 975.581 (1,070.336) (94,755) TOTAL FUNDS 1,114,088 (1,276,065) (161,977) ses of Restricted funds.. Discrete Projects: Adfam also incurs significanl resiricted expenditure on discrete projects, as determined by their respective service level agreements andlor contracts. These expens¢s are mainly utiliscd in delivering the outputs of the proj¢cL Influencing and public infonnation Although th¢ charity receiv¢s no restricted funds for Influencing and Public Infomation, the charity incurs significant expenditure on this area. As part of its objectives the charity undertakes "publicty and educational work of all descriptions" The expenditure on this area: makes the publi¢ aware of the incidence and effects of alcohol and drug abuse and everyone's shared responsibility to act to stop it. provides evidence for the need for policy change and legislative reforni to better understand and better represent the issues facing families affected by al¢ohol and drug abuse. Page 25 Continued...
Adfam IYation#l Notes to th¢ Financial Statements - eontinued for the year ended 31 March 2024 18. RELATED PARTY DISCLOSURES Ther¢ were no related paty transadions for the year ended 31 March 2024. 19. LIABILrfY OF MEMBERS The charity is constituted as a company limited by guarantee. In the event of the ¢harity being wound up members are required to contribute an amount not exceeding £1. 20. APB ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITIES In common with many other businesses of our size and nature we use our auditors to prepare and submit returns tu the tax authorities and a5SiSt with the preparalion of the financial statements. Page 26