## **SOUTHSIDE FAMILY PROJECT** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2025** **Company Registration Number 03368679 Charity Number 1069637** **SOUTHSIDE FAMILY PROJECT FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2025** |**Contents**|**Page**| |---|---| |Reference and Administrative Information|1| |Trustees’ Annual Report|2 -8| |Independent Examiner's Report|9| |Statement of Financial Activities|10| |Balance Sheet|11| |Cash Flow Statement|12| |Notes to the Cash Flow Statement|13| |Notes to the Financial Statements|14 - 21| ## **SOUTHSIDE FAMILY PROJECT REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2025** ## **Company Information** |Registered Charity Name:|Southside Family Project| |---|---| |Charity Registration Number:|1069637| |Company Registration Number:|03368679| |Company Registered Office:|Meade House| ||Wedgwood Road| ||Bath| ||BA2 1QN| |Board of Trustees:|Jill Oldham (Chair)| ||Mary Clark| ||Sarah Hamblin| ||David Hobdey| ||Lucy Lane| ||Helen Pauli| ||George Samios| ||Allison Todd| ||Oliver Walton| ||Vicki Kingston – appointed 11 September 2024| |Key Management Personnel:|Penny McKissock MBE| ||Lucy Fordham| |Company Secretary:|Chloe Robine-Durnell| |Independent Examiner:|James Gare DChA FCA| ||Monahans Chartered Accountants| ||County Gate| ||County Way| ||Trowbridge| ||Wiltshire| ||BA14 7FJ| |Bankers:|National Westminster Bank PLC| ||24-25 Stall Street| ||Bath| ||BA1 1QF| 1 **SOUTHSIDE FAMILY PROJECT** **TRUSTEES’** ## **YEAR ENDED 31 MARCH 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## Governing Document Southside Family Project was constituted as a company limited by guarantee on 9[th] May 1997. The governing documents are the Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. ## Public Benefit In setting the aims and objectives of Southside Family Project, the Trustees have complied with their duty in section 17(5) of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission. ## Purposes of the Charity and Main Activities The charity’s objects as set out in the governing document are: _To provide the relief of suffering and distress for those persons who have been victims of rape/child abuse, or any other forms or abuse or deprivation, by the provision of counselling, advice and support services and also raising public awareness of their needs._ Southside aims to ensure that children, young people, adults and families experiencing multiple and complex challenges in Bath and North East Somerset access the care and support they need to improve their safety, wellbeing, positive relationships, sense of identity and belonging and resilience, so that each individual and family we support can thrive, not just survive. Southside’s work is trauma-informed and therapeutically focused. We have deep roots in local communities and are known and trusted. We provide whole family support, domestic abuse crisis support and advocacy to meet the needs of children, young people and adults across our communities who are affected by issues such as poverty, domestic abuse, mental ill-health, SEND, serious challenges in school, being victimised or harassed, bereavement, struggling with cost-of-living pressures and debt, addiction and/or homelessness. Many families and individuals we support have previously found it very challenging to engage with or make use of other services. 2 **SOUTHSIDE FAMILY PROJECT** **TRUSTEES’** **YEAR ENDED 31 MARCH 2025** Southside also provides counselling, coaching, Community Hub Groups, Parent Advocates, Lived Experience Mentoring, volunteering programmes and training for professionals, and we work closely with other local charities and agencies to support families. Southside’s approach centres on a clear community focus, empowering people to help others through peer support and using their lived experience as expertise. Many go on to help others in their local communities. Some become Southside volunteers and staff and use their personal, lived experience to support and inspire others experiencing or affected by trauma and build their confidence and resilience with the right help at the right time. The charity has a strong track record over 28 years supporting thousands of children, young people and adults who have experienced trauma through violence, abuse and neglect, helping them to find safety and build resilience, wellbeing, relationships, connections and sense of identity. ## Achievements and Performance During 2024-25, individuals, families and communities we support continued to face challenges through ongoing cost-of-living pressures and the long-term impact of the Covid pandemic on health, wellbeing and other services. Southside provided food, resources and crisis support where possible, and we also helped families and individuals to access practical and financial support through other support services. During the year, over 230 families with a range of complex problems were referred and over 710 children, young people and adults received targeted support through the Family Support and Play Service. In addition, we supported children, young people and adults already engaged with our services and supported by our highly skilled and experienced Family Support Team. Throughout the year, Southside supported whole family support for children, young people and families facing multiple and complex challenges across our local communities, with regular contact, home visits, coordinating multi-agency support and connecting them to our Community Hub Groups, Therapeutic Play, Young Advocates and other services. Our trauma-informed, whole family support helps strengthen bonds and attachment between children and their parents/carers, build resilience and wellbeing, helping families make positive changes to prevent needs escalating. Our Therapeutic Play Service provided in-depth therapeutic support for children affected by domestic abuse, trauma and Adverse Childhood Experiences (ACEs). This support included thINC Groups, Parent and Child creative art and craft play interventions, Play Therapy sessions, Family Thrive Groups, and individual parenting support. Through this support, families strengthened and improved bonds and relationships; children became more confident, better equipped to manage and communicate their feelings, and improved their self-esteem and social skills. Southside’s after-school Community Hub Groups brought people and families together for peer support, nutritious meals, connection, resources, children’s play and other activities in the heart of 3 SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Governin Document Southside Family Project was constituted as a company limited by guarantee on 9th May 1997. The governing documents are the Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. Public Benefit In setting the aims and objectives of Southside Family Project, the Trustees have complied with their duty in section 17(5) of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission. Pu oses of the Charit and Main Activities The charity's objects as set out in the governing document are.. To provide the relief of suffering and distress for those persons who have been victims of rape/child abuse, or any other forms or abuse or deprivation, by the provision of counselling, advice and support services and also raising public awareness of their needs. Southside aims to ensure that children, young people, adults and families experiencing multiple and complex challenges in Bath and North East Somerset access the care and support they need to improve their safety, wellbeing, positive relationships, sense of identity and belonging and resilience, so that each individual and family we support can thrive, not just survive. Southside's work is trauma-informed and therapeutically focused. We have deep roots in local communities and are known and trusted. We provide whole family support, domestic abuse crisis support and advocacy to meet the needs of children, young people and adults across our communities who are affected by issues such as povety, domestic abuse, mental ill-health, SEND, serious challenges in school, being victimised or harassed, bereavement, struggling with cost-of-living pressures and debt, addiction andlor homelessness. Many families and individuals we support have previously found it very challenging to engage with or make use of other services. SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 Southside also provides counselling. coaching, Community Hub Groups. Parent Advocates, Lived Experience Mentoring, volunteering programmes and training for professionals, and we work closely with other local charities and agencies to support families. Southside's approach centres on a clear community focus, empowering people to help others through peer support and using their lived experience as expertise. Many go on to help others in their local communities. Some become Southside volunteers and staff and use their personal, lived experience to support and inspire others experiencing or affected by trauma and build their confidence and resilience with the right help at the right time. The charity has a strong track record over 28 years supporting thousands of children, young people and adults who have experienced trauma through violence, abuse and neglect, helping them to find safety and build resilience, wellbeing, relationships, connections and sense of identity. Achievements and Performance During 2024-25, individuals, families and communities we support continued to face challenges through ongoing cost-of-living pressures and the long-term impact of the Covid pandemic on health, wellbeing and other services. Southside provided fcrfxl, resources and crisis support where possible, and we also helped families and individuals to access practical and financial support through other support services. During the year, over 230 families with a range of complex problems were referred and over 710 children, young people and adults received targeted support through the Family Support and Play Service. In addition, we supported children, young people and adults already engaged with our services and supported by our highly skilled and experienced Family Support Team. Throughout the year, Southside supported whole family support for children, young people and families facing multiple and complex challenges across our local communities, with regular contact, home visits. coordinating multi-agency support and connecting them to our Community Hub Groups, Therapeutic Play, Young Advocates and other services. Our trauma-informed, whole family support helps strengthen bonds and attachment between children and their parentslcarers, build resilience and wellbeing, helping families make positive changes to prevent needs escalating. Our Therapeutic Play Service provided in-depth therapeutic support for children affected by domestic abuse. trauma and Adverse Childhood Experiences (ACES). This support included thlNC Groups. Parent and Child creative art and craft play interventions, Play Therapy sessions, Family Thrive Groups, and individual parenting support. Through this support, families strengthened and improved bonds and relationships; children became more confident, better equipped to manage and communicate their feelings. and improved their self-esteem and social skills. Southside's after-school Community Hub Groups brought people and families together for peer support, nutritious meals, connection, resources, children's play and other activities in the heart of SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 local communities in Writhlington, Foxhill, Keynsham and Twerton and Whiteway. Parents took on leadership roles through the Steering Group in Writhlington, now being replicated in other groups. These groups are early intervention services in warm, safe spaces in pockets of deprivation and isolation, enabling parents and carers to come together each week to access peer support from each other, as well as help and advice through Southside Family Support Workers. The groups start after school so that all children can be involved and enjoy creative play activities. ending with a freshly prepared, nutritious meal for families to enjoy eating together and go home well fed and having connected with lots of other families and our team. Throughout the group sessions, experienced Southside workers are available to discuss any difficulties raised and arrange follow-up calls to discuss options of support andlor signposting. We also connect families with specialist advice, support and resources through the groups. Southside's Domestic Abuse Services provided targeted support and advocacy for people affected by domestic abuse across Bath and North East Somerset throughout the year. Over the year, we received over 570 referrals for both our IDVA (Independent Domestic Violence Advocate) and Support Worker Services and our IRIS (Identification and Referral to Improve Safety) Service. Our IRIS SeNice received 77 referrals for domestic abuse support from 17 GP surgeries during 2024-25. Southside's IRIS AdvocatelEducators also train health professionals across Bath and North East Somerset to build their knowledge, skills and understanding of domestic abuse to support their patients and make referrals directly to us for specialist support. Southside's Intake Support Service provided a central point of information, advice and signposting for victims and survivors of domestic abuse. friends or family, professionals and local agencies. This open and accessible service provided critical support for victims and people supporting them. Our workers are highly trained and experienced, directly supporting people affected by domestic abuse who are not at immediate risk until there is IDVA capacity to take on the case. Southside's Supporting Families programme trained and engaged people who have used our services to provide peer support and advocacy, using their lived experience, and others interested in learning more about supporting families. Our training courses help local people to build their knowledge, understanding, skills and confidence and can lead to volunteering opportunities and career pathways with Southside and other local organisations. Southside supports people with lived experience to provide expertise, advocacy and insight to improve local services from their personal, lived experience of abuse, trauma, and particularly the child protection system. Southside's Parent Advocates work alongside Social Care to support families on Child in Need plans to listen. support and help them understand processes, documents and meetings that are often daunting. Our Lived Experience Mentors support individual young people who have been exploited or at risk of involvement in serious violence to promote healthy relationships, self-esteem, confidence and engagement in education. SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 Southside also provided individual therapy and counselling for individuals supported by our Family Support and Domestic Abuse Services. We provide training for professionals and local services, work closely with other local charities and agencies to support families and individuals, and support our local community through the Twerton and Whiteway Community Ne￿Ork. As for many other community-based charities, Southside faced increased demand for our services and support during 2024-25, with more complex needs and costs continuing to rise. We cautiously managed finances throughout the year and sought funding to ensure that services could develop and continue as set out in our Strategic Plan. From November 2024, the variation and cut to the B&NES Council Family Support and Play Service contract no longer contributed to the costs of our Community Hub Groups, Therapeutic Play and Counselling services. Further information included in our Annual Review is available on our website. Board of Trustees The members of the company consist solely of the Trustees, who act as the Management Committee. Trustees are appointed by election at the Annual General Meeting. Trustee recruitment is undertaken through an inclusive and transparent process to find new Trustees with the skills and experience needed to strengthen the Board and the charity's governance. as identified through reviews and skills audits. The charity encourages and invites people f rom the local com m unity, both professionals and seNice users, to become Trustees. New Trustees undergo a thorough induction process as set out in the Southside Trustee Induction Checklist. The induction includes.. accessing information regarding the duties and responsibilities of a Trustee,. meetings with key Southside personnel involved in the day-to-day operational and financial facets of the charity. the reading of key Southside policies and procedures. familiarisation with Southside's premises. including health and safety, administrative and IT matters,. the signing of a declaration form concerning non-disqualification from acting as a Trustee. the signing of a declaration form relating to pecuniary and personal interests., the signing of a confidentiality agreement. the completion of a skills audit. accessing information about training requirements, for example in respect of safeguarding" and learning about training and development opportunities. At any point during the year, the Board may appoint further Trustees. However, such persons only remain in office until the next AGM, when they can stand for formal election to a full term of office. The Trustees have four scheduled meetings each year and are involved in meeting on other occasions as required. including the Finance Sub-committee and AGM. The Trustees. governance role includes focusing on: Strategic Plan review and development Operational performance review Financial performance against annual plans and budgets SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 Risk management Safeguarding All Trustees give their time voluntarily and received no benefits from the charity during the 2024-25 financial year. Note 9 in the accounts shows that no expenses were claimed by Trustees during this period. Risk Mana ement and Princi al Risks and Uncertainties Southside has an established Risk Management Record that is reviewed regularly during the year by the Board of Trustees and Senior Management Team. This record reviews all the major risks to which the charity is exposed and shows the systems or procedures which have been established to manage them. Internal control risks are managed by the implementation of procedures for the authorisation of all transactions, management of any conf lict of interests and robust systems and processes to safeguard children, young people and adults we support, staff, volunteers and visitors. The principal risks and uncertainties are managing the increasing. more complex demand for our services. reductions in funding and the challenging fundraising environment for smaller charities. erational Mana ement The day-to-day management of the charity is delegated to the Chief Executive Officer, Penny McKissock MBE, who reports to the Board of Trustees. The CEO is supported by an experienced management team which meets at least once a month. Remuneration Polic The Trustees are responsible for authorising senior management rem uneration and do so with reference to benchmark data for similar roles in other charities and other relevant organisations. Southside is committed to family-friendly and flexible working practices to promote a good work-life balance for staff and volunteers. Reserves Polic Southside aims to retain f ree reserves equivalent to be￿een three-six months, expenditure to enable the charity to meet any unforeseen costs during the year or cope with unexpected shortfalls in income. Total funds at 31st March 2025 were £323,518, of which £113,285 is held as restricted funds. Free reserves are therefore £210,233, equivalent to almost three months, expenditure, so we need to build unrestricted funds to meet the targeted level in the Reserves Policy. orters SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 Southside's work is made possible through the support of our partners and supporters: statutory funders, philanthropic and corporate supporters, community groups and individuals who support us to help children, young children and families across our local communities. On behalf of all the people and communities we work with, we would like to thank Southside's Development Board and all those who provides support through grants and donations, fundraising, volunteering time and expertise and providing pro bono support, training and mentoring. Financial Review Our income of £822,992 came from various sources: £626,540 in contracts and funding from or managed by Bath and North East Somerset Council, BSW ICB (Bath and North East Somerset, Swindon and Wiltshire Integrated Care Board) and Avon and Somerset PCC (Police and Crime Commissioner). £129,042 in grants and donations from Charitable TrustslFoundations, companies and community organisations for core funding and specific projects. £67,410 in unrestricted grants, donations and from other sources. Our expenditure of £859,548 breaks down as follows: £434,514 on Family Support Services (including Community Hub Groups, Therapeutic Play Service and Advocacy and Volunteering}. £411,510 on Domestic Abuse Services (including Counselling). £13,524 on raising funds. Fundraisin Activities Southside raises funds for services through applications to Charitable Foundations and Trusts, bids for appropriate statutory contracts, individual and corporate donations, and community fundraising activities and support. The charity employs a part-time Fundraiser. Southside is registered with the Fundraising Regulator, has a Fundraising Complaints Policy and Procedure and adheres to The Code of Fundraising Practice. Any fundraising complaints received by the charity are recorded and acted upon as set out in the procedure. In 2024-25, the charity received no fundraising complaints. Plans for Future Periods During the second year of our 2023-26 Strategic Plan, Southside made good progress within a challenging funding environment towards the aims: to build strategic partnerships. influence and collaborate with other stakeholders,. and deliver quality, trauma-informed services to support children, young people and families to thrive. Aims for year three of the Strategic Plan include to: further develop Southside's Community Hub G roups. Steering Groups and partnerships. build unrestricted reserves to support future development. implement In-Form as Southside's new case management system, identified through in- depth analysis, with comprehensive support and training for staff and volunteers. SOUTHSIDE FAMILY PROJECT TRUSTEES, YEAR ENDED 31 MARCH 2025 build on the Young Advocates programme to develop our youth volunteering and advocacy. Southside and other local organisations face a highly challenging funding environment. with costs continuing to rise. increasing, more complex demand for our services; and potential reductions in funding for commissioned services. We continue to work hard to raise the charity's profile, build and diversify our fundraising, and achieve sustainable growth and development to continue to build our services and capacity to meet the growing need within the communities we serve. We will continue to develop our Evaluation Framework for Southside services, which enables us to measure 'distance travelled, for the individuals and families we support using the outcomes identified in our Theory of Change. The outcomes all contribute to the five impact areas of: Improved Feeling of Safety Improved Family Wellbeing Improved Sense of Identity and Belonging Improved Relationships and Connections Improved Resilience The data is monitored at the start and end of the work, and this supports our qualitative evaluation through detailed case studies. These provide a clear picture of the challenges faced at the start of the work, the trauma-informed support and other services provided, developments during the Southside support, the difference this has made and outcomes achieved. There is no quick 'fix' for trauma and multiple, complex challenges. individuals and families know that we are there for them if needed again. Many get involved in our Community Hub Groups and offer peer support to others in their communities. Some build their skills and knowledge through our Supporting Families training programme. leading to volunteering and other opportunities. Southside's Evaluation Framework will be embedded in our new case management system to im prove the ease, eff iciency and effectiveness of our data collection, analysis and reporting. We look forward to being able to analyse the monitoring and evaluation information more fully in future to share more evidence of impact, powerful (anonymised) stories of change and distance travelled and add more to and inform the local and national evidence base. Approved by the Trustees on 2910912025 .and signed on their behalf by: Jill Oldham Chair of Trustees Treasurer ## **Independent Examiner's Report to the Trustees of Southside Family Project** ## **Independent examiner's report to the trustees of Southside Family Project ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## James Gare DChA FCA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Date: ............................................. Page 9 ## **Southside Family Project** ## **Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2025** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
62,887
**Charitable activities**
4
Domestic Abuse
-
Family Support
-
Investment income
3
4,523
**Total**
67,410
**EXPENDITURE ON**
Raising funds
5
13,524
**Charitable activities**
6
Domestic Abuse
39,919
Family Support
43,248
**Total**
96,691
**NET INCOME/(EXPENDITURE)**
(29,281)
**RECONCILIATION OF FUNDS**
Total funds brought forward
239,514
**TOTAL FUNDS CARRIED FORWARD**
210,233|Restricted
funds
£
129,042
336,855
289,685
-
755,582
-
371,591
391,266
762,857
(7,275)
120,560
113,285|2025
Total
funds
£
191,929
336,855
289,685
4,523
822,992
13,524
411,510
434,514
859,548
(36,556)
360,074
323,518|2024
Total
funds
£
318,754
333,455
305,707
4,371
962,287
12,163
380,656
437,098
829,917
132,370
227,704
360,074| |---|---|---|---| The notes form part of these financial statements Page 10 ## **Southside Family Project (Registered number: 03368679)** ## **Balance Sheet 31 March 2025** |||||2025|2024| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fund|funds|funds|funds| ||Notes|£|£|£|£| |**CURRENT ASSETS**|||||| |Debtors|13|16,322|-|16,322|77,618| |Cash at bank and in hand||241,135|113,285|354,420|349,652| |**CREDITORS**||257,457|113,285|370,742|427,270| |Amounts falling due within one year|Amounts falling due within one year
14|(47,224)|-|(47,224)|(67,196)| |**NET CURRENT ASSETS**||210,233|113,285|323,518|360,074| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|**TOTAL ASSETS LESS CURRENT LIABILITIES**|210,233|113,285|323,518|360,074| |**NET ASSETS**||210,233|113,285|323,518|360,074| |**FUNDS**|16||||| |Unrestricted funds||||210,233|239,514| |Restricted funds||||113,285|120,560| |**TOTAL FUNDS**||||323,518|360,074| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 29/09/2025 > ............................................. uA O€elham Trustee The notes form part of these financial statements Page 11 ## **Southside Family Project** |**Cash Flow Statement**
**for the Year Ended 31 March 2025**
2025
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
245
Net cash provided by operating activities
245
**Cash flows from investing activities**
Interest received
4,523
Net cash provided by investing activities
4,523
**Change in cash and cash equivalents in**
**the reporting period**
4,768
**Cash and cash equivalents at the**
**beginning of the reporting period**
349,652
**Cash and cash equivalents at the end of**
**the reporting period**
354,420|2024
£
78,387
78,387
4,371
4,371
82,758
266,894
349,652| |---|---| The notes form part of these financial statements Page 12 **Southside Family Project** ## **Notes to the Cash Flow Statement for the Year Ended 31 March 2025** ## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Decrease/(increase) in debtors
Decrease in creditors
**Net cash provided by operations**|2025
£
(36,556)
-
(4,523)
61,296
(19,972)
245|2024
£
132,370
2,233
(4,371)
(42,588)
(9,257)
78,387| |---|---|---| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** |**Net cash**|At 1.4.24
Cash flow
At 31.3.25
£
£
£| |---|---| |Cash at bank and in hand|349,652
4,768
354,420| ||349,652
4,768
354,420| |**Total**|349,652
4,768
354,420| The notes form part of these financial statements Page 13 **Southside Family Project** **Notes to the Financial Statements for the Year Ended 31 March 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** 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 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Going concern** The majority of the charity's income comes from contracts the with local authority and the NHS. The Health Inequalities Fund grant has been extended to March 2026. The Family Support and Play Service contract has been extended to October 2026 and, as far as the charity is aware, is likely to be recommissioned and could further develop with increased commitment to the Parent Advocacy service. Should the organisation fail to secure the bid, or the contract is awarded at a lower value to their current value, this may have a detrimental impact on the organisation's operations and cash flows. However the charity has unrestricted reserves of some £210k and the balance sheet is strong. On this basis, the trustees consider it appropriate to prepare the financial statements on the going concern basis. This assumes that the charity will continue in operational existence for the foreseeable future. In making this assessment the trustees have reviewed the balance sheet, the likely future cash flows of the charity and have considered the funds available at this point in time. On this basis, the trustees consider it appropriate to prepare the financial statements on the going concern basis. This assumes that the charity will continue in operational existence for the foreseeable future. In making this assessment the trustees have reviewed the balance sheet, the likely future cash flows of the charity and have considered the funds available. ## **Income** All income is recognised in the Statement 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. Income from donations/grants is included in income when these are receivable and can be quantified with reasonable accuracy, except as follows: i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods. ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Most expenditure is directly attributable to specific activities, and has been included in those cost categories. Support costs have been allocated 100% towards the charitable activities of the charity. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs are allocated based on direct staff time. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the audit fees and costs linked to strategic management of the charity, these costs are included within charitable activities. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computers and office equipment - 33% on straight line basis Only assets with a cost of more than £1,000 are capitalised. Page 14 continued... **Southside Family Project** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due. ## **Cash** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Creditors** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due. ## **Leasing commitments** Rentals applicable to operating lease agreements where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease. ## **2. DONATIONS AND LEGACIES** |Donations and grants
**3.**
**INVESTMENT INCOME**
Deposit account interest|2025
£
191,929
2025
£
4,523|2024
£
318,754
2024
£
4,371| |---|---|---| Page 15 continued... ## **Southside Family Project** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Contracts
Domestic Abuse
Contracts
Family Support
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Staff costs
Direct costs
Support costs
**6.**
**CHARITABLE ACTIVITIES COSTS**
Domestic Abuse
Family Support
**7.**
**SUPPORT COSTS**
Management
£
Raising donations and legacies
337
Domestic Abuse
116,443
Family Support
126,146
242,926
**8.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Independent examination
Operating lease - rent|2025
£
336,855
289,685
626,540
2025
£
12,592
535
397
13,524
Support
Direct
costs (see
Costs
note 7)
£
£
291,157
120,353
304,132
130,382
595,289
250,735
Governance
Finance
costs
£
£
60
-
94
3,816
102
4,134
256
7,950
2025
£
-
4,800
10,000|2024
£
333,455
305,707
639,162
2024
£
12,163
-
-
12,163
Totals
£
411,510
434,514
846,024
Totals
£
397
120,353
130,382
251,132
2024
£
2,233
4,800
10,000| |---|---|---| Page 16 continued... **Southside Family Project** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** 1 trustee was paid expenses totalling £230 (2024: none) ## **10. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Employees|2025
£
684,783
41,954
11,920
738,657
2025
33|2024
£
616,734
36,794
12,278
665,806
2024
31| |---|---|---| No employees received emoluments in excess of £60,000. Included within Wages and Salaries are costs of self employed workers totalling £18,194 (2024: £20,848). The key management personnel are defined as the Trustees (none of whom received any remuneration payments during the current or prior period) and the posts of CEO and Operations Director.The total employee benefits for key management personnel of the charity were £82,093 (2024 - £79,326). ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
65,146
**Charitable activities**
Domestic Abuse
-
Family Support
-
Investment income
4,371
**Total**
69,517
**EXPENDITURE ON**
Raising funds
11,650
**Charitable activities**
Domestic Abuse
-
Family Support
9,529
**Total**
21,179
**NET INCOME**
48,338
**RECONCILIATION OF FUNDS**
Total funds brought forward
191,177|Restricted
funds
£
253,608
333,455
305,707
-
892,770
513
380,656
427,569
808,738
84,032
36,527|Total
funds
£
318,754
333,455
305,707
4,371
962,287
12,163
380,656
437,098
829,917
132,370
227,704| |---|---|---| Page 17 continued... **Southside Family Project** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
fund
£
**TOTAL FUNDS CARRIED FORWARD**
239,515
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2024 and 31 March 2025
**DEPRECIATION**
At 1 April 2024 and 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
Deferred income
Deferred Income at 1 April 2024
Resources deferred in the year
Amounts released from previous years
Deferred Income 31 March 2025|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
fund
£
**TOTAL FUNDS CARRIED FORWARD**
239,515
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2024 and 31 March 2025
**DEPRECIATION**
At 1 April 2024 and 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
Deferred income
Deferred Income at 1 April 2024
Resources deferred in the year
Amounts released from previous years
Deferred Income 31 March 2025|
Restricted
funds
£
120,559
2025
£
3,476
12,846
16,322
2025
£
10,105
9,450
2,625
25,044
47,224|Total
funds
£
360,074
Computers
and
office
equipment
£
6,699
6,699
-
-
2024
£
69,528
8,090
77,618
2024
£
6,839
9,317
2,539
48,501
67,196|Total
funds
£
360,074
Computers
and
office
equipment
£
6,699
6,699
-
-
2024
£
69,528
8,090
77,618
2024
£
6,839
9,317
2,539
48,501
67,196| |---|---|---|---|---| |||2025
£
36,403
18,296
(36,403)
18,296||2024
£
56,449
36,403
(56,449)
36,403| Deferred income relates to income received in advance for contracts relating to post year end service delivery. Page 18 continued... **Southside Family Project** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **15. LEASING AGREEMENTS** Minimum lease payments under non-cancellable operating leases fall due as follows: |Within one year
Between one and five years
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Family Support Services
Advocacy and Volunteering (Building
Bridges)
Core Funding
Therapeutic Play Service
Individual Support Funds / Resources
Digital
Training and Outreach
Community Hub Groups
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Domestic Abuse Services
Family Support Services
Advocacy and Volunteering (Building
Bridges)
Core Funding
Therapeutic Play Service
Individual Support Funds / Resources
Digital
Counselling
Training and Outreach
Community Hub Groups
Business Support
Advocacy and Volunteering (Young
Advocates)
**TOTAL FUNDS**|At 1.4.24
£
239,514
4,484
52,748
40,948
7,412
4
-
11,364
3,600
120,560
360,074
Incoming
resources
£
67,410
281,876
215,292
29,000
80,508
33,162
2,350
11,430
22,727
9,860
45,026
23,851
500
755,582
822,992|2025
2024
£
£
10,000
10,000
8,333
18,333
18,333
28,333
Net
movement
At
in funds
31.3.25
£
£
(29,281)
210,233
(4,484)
-
(576)
52,172
(15,000)
25,948
12,588
20,000
(4)
-
4,000
4,000
(2,052)
9,312
(1,747)
1,853
(7,275)
113,285
(36,556)
323,518
Resources
Movement
expended
in funds
£
£
(96,691)
(29,281)
(281,876)
-
(219,776)
(4,484)
(29,576)
(576)
(95,508)
(15,000)
(20,574)
12,588
(2,354)
(4)
(7,430)
4,000
(22,727)
-
(11,912)
(2,052)
(46,773)
(1,747)
(23,851)
-
(500)
-
(762,857)
(7,275)
(859,548)
(36,556)| |---|---|---| ## **16. MOVEMENT IN FUNDS** Page 19 continued... **Southside Family Project** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **16. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.4.23
£
**Unrestricted funds**
General fund
191,177
**Restricted funds**
Family Support Services
-
Advocacy and Volunteering (Building
Bridges)
-
Core Funding
16,948
Therapeutic Play Service
(97)
Advocacy and Volunteering (Supporting
Families)
7,239
Individual Support Funds / Resources
7,108
Digital
3,308
Training and Outreach
-
Community Hub Groups
2,021
36,527
**TOTAL FUNDS**
227,704
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
69,517
**Restricted funds**
Domestic Abuse Services
311,269
Family Support Services
297,317
Advocacy and Volunteering (Building
Bridges)
67,890
Core Funding
95,000
Therapeutic Play Service
35,722
Advocacy and Volunteering (Supporting
Families)
-
Individual Support Funds / Resources
18,250
Digital
-
Counselling
22,186
Training and Outreach
16,000
Community Hub Groups
29,136
892,770
**TOTAL FUNDS**
962,287|Net
movement
At
in funds
31.3.24
£
£
48,337
239,514
4,484
4,484
52,748
52,748
24,000
40,948
7,509
7,412
(7,239)
-
(7,104)
4
(3,308)
-
11,364
11,364
1,579
3,600
84,033
120,560
132,370
360,074
Resources
Movement
expended
in funds
£
£
(21,180)
48,337
(311,269)
-
(292,833)
4,484
(15,142)
52,748
(71,000)
24,000
(28,213)
7,509
(7,239)
(7,239)
(25,354)
(7,104)
(3,308)
(3,308)
(22,186)
-
(4,636)
11,364
(27,557)
1,579
(808,737)
84,033
(829,917)
132,370| |---|---| ## **Description of funds** Domestic Abuse Services - Funding to provide IDVA and other support for victims of domestic abuse, and the IRIS programme to support GP surgeries to identify, support and refer victims of domestic abuse. Family Support Services - Funding to provide the Family Support and Play Service and other whole family support. Advocacy and Volunteering (Building Bridges) - Funding for the Building Bridges project to provide expertise, advocacy and insight to improve services from lived experience. Page 20 continued... **Southside Family Project** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **16. MOVEMENT IN FUNDS - continued** Core Funding - Grants for core funding and costs. This includes funding received in advance for costs in the following financial years. Therapeutic Play Service - Funding to provide the therapeutic play support for children, young people and parents/carers affected by trauma and abuse. Advocacy and Volunteering (Supporting Families) - Funding to provide the Supporting Families training programme and support volunteering. Individual Support Funds / Resources - Funding to provide crisis support, the Hardship Fund, resource packs and festive care packs for families. Digital - Funding to support the development of the case management system, IT infrastructure and capacity. Counselling - Funding to provide counselling and coaching. Training and Outreach - Funding to develop and provide training and outreach services. Community Hub Groups - Funding for the Keynsham, Writhlington, Twerton and Foxhill Community Hub Groups, providing community food and support, previously called Family Food Hub Groups. ## **17. EMPLOYEE BENEFIT OBLIGATIONS** The charity operates a defined contribution pension scheme. The costs for the period was £11,920 (2024: £12,278). At 31 March 2025 contributions totalling £2,625 (2024: £2,539) were outstanding. ## **18. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. ## **19. FUNDS HELD AS AN AGENT** During this year and the previous year Southside Family Project delivered family support and play services with Bath Area Play Project for BANES council. As part of the agreement £77,592 (2024: £137,668) was received by the charity from the council, administered and paid as an agent to Bath Area Play Project in the current year with no outstanding balances held at the year end. These balances have been excluded from the Statement of Financial Activities and the Balance Sheet. Page 21